Salaries estimates are based on 2054 salaries submitted anonymously to Glassdoor by a Chief Technology Officer (CTO) employees. Average Fortune 500 hourly pay ranges from approximately $14.97 per hour for Customer Engineer to $17.89 per hour for Field Service Technician. She then made the jump to the Starwood Hotels chain, where she had to coordinate technology over a large portfolio of hotel brands. AP News: CEO Pay Has Topped $12.3m. A new U.S. intelligence report didnt pinpoint a cause for the wide range of symptoms but said factors such as pre-existing medical conditions were probably behind the incidents. Average CFO salary by revenue for both public and private companies. And hes managed to pull off a special feat: topping our list of high-paid tech execs for a job he left more than three years ago. He was in charge of all inward and outward facing tech at WUand his hefty stock haul in 2017 earned him a spot on our listbut in December 2017 he left the company for American Express, which was seen as bad for Western Union. In 2015 she took on the role of CIOironically being outpaid by her predecessor Deborah Butler, whose deferred compensation put her at number 11 on our list. CEO pay in technology increased by 8.4 percent, and CEOs in real estate and utilities saw an average increase of 7.9 and 7.7 percent respectively. Revenue for the company rose 14.9% in 2021. CHROs also: Plan and direct all aspects of an organization's human resources policies, objectives, and initiatives Ohio-based Abercrombie & Fitch CEO, Fran Horowitz, is a female CEO with an average annual salary of $201,000. These Fortune 100 employers have at least 350 openings each. He took on the CTO role at T-Mobile in 2010, and has helped transform its wireless network quality from an embarrassment to a selling point. The company ranked 134 on this year's Fortune 500. Average salary in Connecticut is $87,715 USD per year. Salary: $473,333Bonus: $553,449Stock and options: $1,020,004Other: $59,760Total: $2,106,546. At Foot Locker, hes responsible for both outward and inward facing tech, ranging from CRM and supply chain to channel customer experience. The city with the highest average salary is Merced, CA, where employees earn an average salary of $67,434. C-Suite gets its name from the titles of top senior executives . The wages at VitalChek average higher than the other similar companies, where the median salary is $93,303 per year. . At Mary Kay, the highest paid job is a Director of Sales at $222,792 annually and the lowest is a Secretary at $35,050 annually. What is the definite definition of empathy? Salary: $694,773Bonus: $696,851Stock and options: $1,552,317Other: $57,816Total: $3,001,757. This button displays the currently selected search type. Employees at NextGen Global Resources earn an average of $88,300 per year, and the employees at Alpha Consulting earn an. This industry includes food companies like McDonalds and clothing companies like Gap and Kohls, according to Ellison's report. Netflix also faces increased competition from streaming services. What is the average salary for a CT Tech? 1. The company slid down 11 spots to 91 on the Fortune 500. Tesla ranked 65 on this year's Fortune 500. The average CTO salary in the United States is $275,800 as of January 26, 2023, but the range typically falls between $245,100 and $305,100. Congrats to L'Oreal and Yves Saint Laurent Beauty on continuing to push the boundaries of what is possible with #web3 in furthering fan engagement and brand After a stint in Air Force intelligence, David Thompson ended up in IT management in a number of Silicon Valley heavy hitters: he was SVP and CIO at PeopleSoft, where he oversaw a transition to the company using its own applications internally. CIO Stats: Average Fortune 500 CIO Compensation Tops $1.4 Million, Korn/Ferry Says - WSJ U.S. 10 Yr Crude Oil Yen DJIA Print Edition Latin America U.S. Central Banking Private Equity Art &. $10M to $100m to $3B revenue range, public company CFO salary by revenue. Keith Rohland made a jump from finance to food when he moved to his current company from Citigroup in 2011. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. With bonuses, the figure balloons to $1,281,700. They only report to the board of directors and the chairperson of the board of directors. Musk did not respond to Fortune's requests for comment. Directs the strategic design, acquisition, management, and implementation of an enterprise-wide technology infrastructure. The data presented on this page does not represent the view of Fortune 500 and its employees or that of Zippia. How much does a Chief Technology Officer make in the United States? What is the average surgical tech salary? The amount you earn as a CTO may vary based on your education level, work experience and skill set. Some CEOs would have earned more than her, but just like sport stars, first-year CEOs usually get hefty signing bonuses. Clients are typically $50 million in revenue to Fortune 1000's or have assets between $500 million to $15 billion. While hes moved down this list a bit since last year, a sizeable stock grant kept him in the top 25. While its true that a Chief Technology Officer may have to wear many different hats in their time (particularly at a startup), the role does have an official definition with which we can work from. But in most cases, its the CIO who oversees internal IT and its strategic value to the business, while the CTO stays on top of emerging technologies and creates policies and procedures that leverage technology to improve products and services delivered to customers. This button displays the currently selected search type. What is a CTO? 2011 Fortune 500. Schleifer is the co-founder and CEO of Regeneron, a biopharmaceutical company that makes a variety of medications that treat asthma, cancer, chronic pain, and more. Image from Unsplash. 201-500 Employees. Customer service is the second-lowest paying organizational function at Fortune 500, where the workers earn $37,650 per year. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. What are they . Typically reports to Chief Information Officer or Chief Executive Officer. Has acquired the business acumen and leadership experience to become a top function or division head. In these companies, the primary role of the CEO can often be summed up in three words: increasing share value. Our analysis evaluated the pay packages of 280 Fortune 500 CEOs, who earned a median total compensation of $15.9 million, up 30% from a year earlier. The CEO is at the highest position in a company. The average CT Technologist salary in the United States is $74,003 as of January 29, 2021, but the salary range typically falls between $67,699 and $80,952. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Martha Poulter worked her way up through the IT department at GE over two decades, starting out as a systems analyst before eventually becoming CIO and VP in 2010. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. The average base salary for a CTO is 11,43,348 per year. This is the second year in a row hes been on our list, and a boost in his bonus means a better showing overall. Kotick became CEO of Activision in 1991. What Do You Call a Board of Director Member Who Works for the Company? Search thousands of open positions to find your next opportunity. Salary: $568,035Bonus: $500,000Stock and options: $1,400,088Other: $101,760Total: $2,569,883. More answers below Oracle, which is best known for database software, has struggled in recent years with sluggish revenue growth. Vice President Technology, Salary estimation for CTO at companies like : Here are the highest-paid CEOs. Hes not as far up the list as he was last year, but his sizable performance bonus kept him in the mix. Fasano is currently the CEO of Bay Advisors, LLC. Tim Cook (Apple) makes $3 million/yr. Men receive an average salary of $103,400 USD. Leadville, CO. Recent CTO (Chief Technology Officer) salaries in San Francisco $170,000 Yearly Salary A CTO (Chief Technology Officer) reported a yearly salary of $170,000 with +$30,000 in additional cash compensation 7+ Years of Experience Male 51-200 Employees San Francisco 5-10 Reports $236,667 Yearly Salary Her accomplishments netted Warner a 2021 compensation package valued at almost $4.5 milliona tidy sum, but a fraction of the skyrocketing CEO paydays among Fortune 500 companies. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. A chief technology officer is part of an executive team in a company. Next was Tim Cook, CEO of Apple Inc. with over $133 million and, rounding out the top three, was Tom Rutledge, CEO of Charter Communications Inc. at $116 million. Cook has been CEO of Apple Inc. since 2011. While the median cash bonus reported was $50,000, the average was $134,050 (a few respondents reported receiving very high joining bonuses). Ct Tech Llc pays an average hourly rate of $1,669 and hourly wages range from a low of $1,451 to a high of $1,916. USPS, under pressure on costs, contracts trucking companies at cut rates and pushes them to meet aggressive delivery schedules. Hurd stepped down in 2019, citing health issues, and Catz became CEO. Unlikely Likely . Fortune 500 pays an average salary of $57,126 per year or $27.46 per hour. Get the latest market price for benchmark jobs and jobs in your industry. Meg McCarthy has an interesting background for a tech exec: a masters in public health and a rank of lieutenant commander in the U.S. Navy Reserve. Broadcom, which designs and manufactures a wide range of semiconductor and software products, ranked 128 on this year's Fortune 500. PayScale estimates that the average annual salary for CTOs is $155,079; CTO salaries range from $86,652 to $235,647. Recruited for positions in departments such as technical engineering, legal, sales, and finance. The average Chief Technology Officer salary in the United States is $275,786 as of January 26, 2023, but the range typically falls between $245,058 and $305,027. The program seeks to attract small and medium-size businesses by offering incentives to move their workloads to the cloud. These figures include base salary, bonus, equity appreciation, new equity/option grants, benefits and perquisites. Because the value of unexercised options is unpredictable, we did not consider them in our tabulation of total compensation. The CTO directs the strategic design, acquisition, management, and implementation of an enterprise-wide technology infrastructure. After cutting his teeth consulting with Deloitte and IBM, Scott Laverty got into the retail business as CIO of Borders Books and Head of Retail for HCL AXON. The chief technology officer (CTO) is the individual within an organization who oversees the current technology and creates relevant policy. Salary: $525,000Stock and options: $1,149,250Other: $637,477Total: $2,311,727. Being a Chief Technology Officer monitors and analyzes technology and trends that could improve the company's products and performance. PwC's 2023 CEO Survey reveals that CEOs are spending the majority of their A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, The average salary for a Chief Technology Officer (CTO) is $170,750, An entry-level Chief Technology Officer (CTO) with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $104,278 based on 19 salaries. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. The estimated total pay for a CTO is $259,880 per year in the United States area, with an average salary of $164,312 per year. A Florida CEO salary is relatively smaller at $187,870 per year. For example, the average CTO salary in New York City is $154,405 per year , which is significantly higher than the national average. Elon Musk, Tesla: $23.5 billion. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $278,068 to $403,606 with the average total cash compensation of $330,957. Overall, median CFO reported total compensation in the S&P 500 increased 18.7% from $2.9 million in 2011 to $3.4 million in 2015. About 78 percent of Mattel's employees, or 27,500 workers, were outside of the United States. The starting pay at Fortune 500 is $28,000 per year, or $13.46 per hour. Get the latest market price for benchmark jobs and jobs in your industry. They also rank higher than the vice president and many times, the Managing Director. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. Sponsored by Cloud Range. Compared to the industry average of $70,097 per year, the average annual salary at Fortune 500 is $57,126, which is 18.50% lower. He took the CIO job at Hertz in early 2015, overseeing the companys global IT functions. Get Salary Data on All Global In 2021, Musk saw compensation worth around $23.5 billion. People with the job title CTO (Chief Technology Officer) make the most at companies with 501-1,000 employees, earning $286,262 on average. CEO pay dwarfs that of the average employee. If you continue to use this site we will assume that you are happy with it. Establishes technology standards and communicates technical information to the organization. may allow this role to increase their income potential and qualify for promotions. Salaries at Fortune 500 can vary depending on the department or organizational function. 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