average cto salary fortune 500

Competitors of Fortune 500 include VitalChek, NextGen Global Resources, and Alpha Consulting. Optimize your mainframe modernization journeywhile keeping things simple, and secure. Search thousands of open positions to find your next opportunity. Management: directing and overseeing the work of other executives, directors, presidents and vice-presidents of the company. Average salary in Connecticut is $87,715 USD per year. Average CHRO Salary: $250,000 The Chief Human Resources Officer is responsible for employment, placement, orientation and training, employee/labor relations, compensation, benefits, and employee services. Some CEOs would have earned more than her, but just like sport stars, first-year CEOs usually get hefty signing bonuses. Long-term incentives saw an increase of almost half a million dollars in 2017 to about $1.74 million, a change from the three previous years, which saw long-term incentives of about $1.25 million. The highest-paid Fortune 500 CEO is Elon Musk. What are they . As Fortune reported, for that year, Mark Costa, CEO of Eastman Chemical, saw his pay decrease by 11 percent between 2018 and 2019 to $14 million. The company had a blockbuster 2021, bringing in $53.8 billion in revenue, up 71% from 2020, and expanding significantly into key European and Chinese markets. Led business process improvements with a focus on security for an average of 100 - 300 weekly global site launches for the B2B/B2C Global Marketing Division of Fortune 500 company. 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. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. What is the average salary for a CT Tech? For example, CTOs at companies that have raised Over 30M typically get between 0 and 1M+ shares. All data are based on 119 salary surveys. The findings are of critical importance as the solar industry experiences unprecedented growth. In Fortune 500 companies, the ratio ranges from 2 to 1 to almost 5,000 to 1. (Her. Elon Musk, Tesla: $23.5 billion. Establishes overall direction and strategic initiatives for the given major function or line of business. Lenovo Late Night I.T. Managing Experience: If you are a Chief Technology Officer (CTO) The CTO directs the strategic design, acquisition, management, and implementation of an enterprise-wide technology infrastructure. Read about the latest cybersecurity news and get advice on third-party vendor risk management, reporting cybersecurity to the Board, managing cyber risks, benchmarking security performance, and more. The average CEO salary of a California based CEO is $228,270. The report finds that the amount of power loss due to anomalies nearly doubled from 1.61% in 2019 to . For example, the median pay packet for leaders of S&P 500 companies rose roughly 12% to $14.7 million that year. The average Fortune 500 salary is $57,126. Each group significantly undershot the actual median salary of CEOs at Fortune 500 companies, which is currently around $10.3 million. Show more. Public health care firms paid compliance chiefs an average of nearly $550,000 in total compensation last year, more than any other industry. 25+ search types; Win/Lin/Mac SDK; hundreds of reviews; full evaluations. Salary: $533,300Bonus: $524,400Stocks and options: $1,418,400Other: $55,900Total: $2,532,000. Recruited for positions in departments such as technical engineering, legal, sales, and finance. 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. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. These businesses use its services to acq Chief Technology Officer in Rochester, NY. 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. Individualize employee pay based on unique job requirements and personal qualifications. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. Under his leadership, Netflix went from a DVD mail delivery service to an online streaming heavyweight. The result was a paycheck that was $1.1 million lighter at the end of the year. After getting masters degrees in both India and the U.S., Chandrashekar worked as COO for the Sterling Infotech Group of companies. That said, there is a good counterpoint to this as well. These figures include base salary, bonus, equity appreciation, new equity/option grants, benefits and perquisites. The national average salary of a CTO is $133,251 a year. Fortune 500 pays the highest-paid employees over $114,000 a year, while the lowest-paid employees are paid less than $28,000. This button displays the currently selected search type. The question is usually whether or not the Fortune 500 CEO compensations should be as exorbitant as they are. Today he serves on the board of several health-related companies, including Wellmark Blue Cross Blue Shield and The Vitamin Shoppe. (Copyright 2023 Salary.com) View full job description, Employers: Job Description Management Tool. from one year to another. The cloud-based customer relationship management platform ranked 136 on this year's Fortune 500. In 2022, the overall salary increase of employee groups stood at 10.6%. Lene Skovbjerg's Estimated Salary Range. - Emmy-nominated host Baratunde Thurston is back at it for Season 2, hanging out after hours with tech titans for an unfiltered, no-BS chat. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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 &. What is the average income in Connecticut? 33 Fortune 500 companies are led by female CEOs. How much does a CTO make in the United States? CFOs for private companies with $21-$99MM in annual revenue make an average of $237,983 in base salary. The program seeks to attract small and medium-size businesses by offering incentives to move their workloads to the cloud. How Much Money Do Oil Refinery Workers Make? The Average private company CFO Salary in 2022 According to CFO.com, the average cash compensation for a CFO in a private company with less than $20MM in annual revenue is $194,354. Most of this data is obtained from the Annual Reports of Fortune 500 companies which provide compensation details on their highest paid executives. Activision Blizzard CEO Bobby Kotick earned $296.7 million last year, according to our calculations, from the value realized on vested restricted stock. Oracle did not respond to a request for comment. Third Annual Edition of the CISO 500. Learn about how to become one, education requirements, job duties, traits and qualities, national salary outlook as well as top national employers of Chief Technology Officers. Individual pay rates will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Data source: Craft Base salary makes up only 8% of total compensation. More, Recently searched related titles: Tyler Best knows cars and IT: hes held senior IT roles at Vanguard Car Rental, Budget Rent-a-Car, and Ally Financial, which used to be GMs lending arm. A healthy stock grant boosted him onto our list for the first time. The estimated additional pay is $95,568 per year. This is usually the highest position related to technology within a company. ManpowerGroup is a worldwide staffing agency, and Ram Chandrashekar oversees its IT functions from Singapore, where he also serves as President of the companys Asia Pacific Middle East region. While responsibilities vary from one company to another, a CEO is usually tasked with things such as: In 2018, Minnesota Congressman Keith Ellison (D) released a report on 225 of the Fortune 500 companies' CEOs. Dave Barnes is a true UPS company man, starting off in 1977 as a package loader and using his wide knowledge of what the company doesranging from operations, to industrial engineering, to finance, to information technologyto rise through the ranks as UPS went worldwide in the 80s and 90s. Image from Unsplash. Of the five CEOs who had the worst returns, four of them made less than the median value of $12.4 million, while one remaining CEO took home slightly more. Companies; Markets; Tech; Billy; companies. According to a Bloomberg survey of 22 countries, the average CEO in the U.S. makes over four times the average worldwide. How much does a CTO at a Fortune 500 company make? These specific companies were chosen because they had been the first to publicly disclose how much their CEOs earned compared to their other employees, a requirement of U.S. law made in 2015 as an amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Anil Cheriyan has been in IT most of his career, working with systems, customer information, data warehousing and e-business engagements at PwC and helping financial services sector clients with business systems transformation, technology and process re-engineering initiatives at IBM Global Business Services. They head C-level members such as the COO, CTO, CFO, etc. Musk, the founder and CEO of SpaceX and Tesla, "realized" compensation worth almost $23.5 billion in 2021, from exercising some Tesla stock options awarded in a 2018. CEOs at more than 300 of the top public companies in US received median pay of $13.7 million in 2020, up 15% from $12.8 million the year before, according to an analysis by the Wall Street Journal. If you are thinking of becoming a Chief Technology Officer (CTO) or planning the next step in your career, find details about the role, the career path and salary trajectory of a Chief Technology Officer (CTO). A chief technology officer is part of an executive team in a company. The average CTO (Chief Technology Officer) salary for women is $260,000 and the average CTO (Chief Technology Officer) salary for men is $231,500. Find out the highest paying jobs at Fortune 500 and salaries by location, department, and level. In 2015 he jumped ship to join the executive team at Target, and currently has umbrella authority over most of that companys tech initiatives, from developing long-term tech roadmaps to overseeing the companys website and the in-store technology. Learn howand get unstoppable. Although the report, entitled "Rewarding or Hoarding?" Salary: $568,035Bonus: $500,000Stock and options: $1,400,088Other: $101,760Total: $2,569,883. The company slid down 11 spots to 91 on the Fortune 500. 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. Love them or hate them, admire them or just plain envy them, there's no denying that the CEOs of the country's top companies rake in a lot of cash. El Paso, TX, gpac - All salary data courtesy of the Bureau of Labor Statistics. The most accurate data ever CCPA Compliant GDPR Compliant 150M . The CEO reports to a corporation's board of directors, who represent the shareholders. For a real-time salary target, tell us more about your role in the four categories below. Microsoft posted a robust 38% increase in profits last yearearning $61 billion, the fourth-largest sum among Fortune 500 companiesas revenue rose 17.5% to $168 billion thanks to a successful Surface laptop and tablet launch. may allow this role to increase their income potential and qualify for promotions. AVANTI Wind Systems A/S . She noted that Kotick had reduced his salary to $62,500 last year, and praised his 31-year tenure for making Activision one of the most successful global gaming com- panies in the world.. CTO (Chief Technology Officer) salaries are based on responses gathered by Built In NYC from anonymous CTO (Chief Technology Officer) employees in New York. Salary: $700,000Bonus: $714,000Stock and options: $1,912,838Total: $3,326,838. What is the average salary for a surgical technologist? What is a CTO? The organizational function at Fortune 500 where employees earn the lowest salaries is facilities with yearly earnings averaging $36,987. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. 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. Companies with revenues between $1 billion and $2.5 billion had the largest increase of TTC (5%). Get started by entering your email address below. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. As CIO, hes in charge of all IT functions, including strategy, systems development and infrastructure. The average salary for a CTO (Chief Technology Officer) in Seattle is $223,636. According to Salary.com, the median CEO salary was $822,300 in September 2020. Jobs with a similar salary range to Chief Technology Officer : $320,000. For companies with revenue below $10 million, median CEO total direct compensation is $200,000. Thats a piece of information that everyone wants to know about everybody elseand isnt eager to share themselves. She became co-CEO with Mark Hurd in 2014. A Florida CEO salary is relatively smaller at $187,870 per year. Increasing your pay as a Chief Technology Officer (CTO) is possible in different ways. Worked with 15-30 Hiring Managers on average . Fortune 500 pays an average salary of $57,126 per year or $27.46 per hour. A spokesperson noted that the bulk of Schleifer's realized pay, per Fortune's analysis, "reflects the exercise of long-held options that were reaching their ten-year expiration point," and said, "Regenerons compensation philosophy has always emphasized long-term incentives in the form of stock options and other equity-based awards, as we believe this aligns employee interests with the typically long-term nature of drug development.". Deerfield, IL, Addison Group - Find your market worth with a report tailored to you, New research shows how to set pay for remote employees. In 2012 he became SunTrusts CIO, where he worked to unify a siloed technology department. CFO salary ranges also differ from state to state. Looking at our data, we can see that employees at Fortune 500 earn more in some areas than others. The average big-company CEO made 351 times the pay of the average worker on a realized basis in 2020, according to the Economic Policy Institute (EPI), which has tracked the metric for decades, up from a 21-to-1 ratio back in 1965. The lowest annual salary reported was $574,446, and the highest. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Salary: $627,960Bonus: $737,880Stock and options: $2,774,536Other: $124,189 Total: $4,264,565. Martin Lippert is a longtime tech exec in the financial services industry, with stints at Freddie Mac, Mellon Bank, Royal Bank of Canada, and Citigroup before his current job at MetLife. salary. VPs at F500s aren't necessarily at the very top. The base salary for Chief Technology Officer ranges from $245,058 to $305,027 with the average base salary of $275,786. For example, employees in the finance sector earn an average yearly salary of $91,070, while employees in the engineering sector earn an average yearly salary of $87,375. Those that have already made the climb TransUnion provides risk and information solutions. Hes been in his current role since 2009 and at the company since 2001. According to Bloomberg, the highest-paid CEO in 2020 was Elon Musk, CEO of Tesla Inc., with an income of over $595 million making him the highest-paid CEO in the world. 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. Users complain about glitches and employees say they are stretched thin, but the site largely keeps running. Over 10 years, she's changed employers five times to ultimately earn $72,000 per . What Do You Call a Board of Director Member Who Works for the Company? With an average income of over $12.3 million, CEOs continue to see their paychecks swell year after year, while the average U.S. worker's salary has flatlined for the past 40 years. average cto salary fortune 500 (719) 280-0021. They're hiring! Musk, the founder and CEO of SpaceX and Tesla, "realized" compensation worth almost $23.5 billion in 2021, from exercising some . 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. To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC). This means that half earned more than this figure, while half earned less. The Los Angeles Times reports that big companies are paying big bucks to its top cyber fighters. The data presented on this page does not represent the view of Fortune 500 and its employees or that of Zippia. Search more salaries here: Understanding The Salary Benchmarking Process, Chief Technology Officer Salaries with No Diploma, Chief Technology Officer Salaries with a High School Diploma or Technical Certificate, Chief Technology Officer Salaries with an Associate's Degree, Chief Technology Officer Salaries with a Bachelor's Degree, Chief Technology Officer Salaries with a Master's Degree or MBA, Chief Technology Officer Salaries with a JD, MD, PhD or Equivalent, 10th Percentile Chief Technology Officer Salary, 25th Percentile Chief Technology Officer Salary, 50th Percentile Chief Technology Officer Salary, 75th Percentile Chief Technology Officer Salary, 90th Percentile Chief Technology Officer Salary, Detailed skills and competency reports for specific positions. Some Fortune 500 and Global 2000 corporations are giving their information security head honchos oftentimes those with military backgrounds seven-figure pay packages. Facing pressure to curb diabetes-treatment costs, the company will cut the list prices for its most commonly prescribed insulin and take other steps to make it easier for patients to afford the drugs. Salary: $599,029Bonus: $653,176Stock and options: $3,630,025Other: $1,102,874Total: $5,985,104. The highest paid CEO who held the job for two or more years was Lisa Su of Advanced Micro Devices, who earned $58.5 million in 2019. Here are the details on the latest pay packages for which theres information, mostly from 2016, organized from lowest to highest paid. Bend, OR, B.E. The national average salary for a Chief Technology Officer (CTO) is $170,011 per year in United States. on a scholarship before entering the business world. CEOs can be paid in several ways, including a salary, bonuses, stock awards, stock options, dividends from those stocks or any of numerous perks. Job Description for Chief Technology Officer. The worlds largest enterprises use NETSCOUT to manage and protect their digital ecosystems. Get the latest market price for benchmark jobs and jobs in your industry. Oracle, which is best known for database software, has struggled in recent years with sluggish revenue growth. Elon Musk, the chief executive of SpaceX and Tesla, topped Fortune's new list of the most highly compensated CEOs on the Fortune 500. Get the latest market price for benchmark jobs and jobs in your industry. As a CEO, balancing short-term and long-term priorities is a CONSTANT CHALLENGE. About The Author. Broadcom did not respond to a request for comment. PwC's 2023 CEO Survey reveals that CEOs are spending the majority of their In an emailed statement, a spokesperson reiterated that Activision Blizzard had valued Kotick's "granted" (but not realized) compensation in 2021 at $826,549. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. But JCPenney was on hard times, and by the end of 2015 Laverty left the company. 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. The CTO may decide when technologies need to be updated, so it is important to stay up to date with developments in the field. Step 2: Understand Your Value Is Not Tied to Your Current Compensation Level. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. New York. At MetLife, his role spans both customer-facing tech and internal operations and security, and hes in charge of planning digital strategy as well. Fortune 500 employees in Merced, CA, Billerica, MA, and Thomaston, CT are the highest paid. Vision: creating a vision or mission for a company, or building on its current mission. Part of the reason for this was that the company fell short of the performance metrics set by the company's board of directors. Chief Technology Officer CTO; Chief Marketing Officer CMO; Chief Human . Cook has been CEO of Apple Inc. since 2011. 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. While hes moved down this list a bit since last year, a sizeable stock grant kept him in the top 25. 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. Establishes technology standards and communicates technical information to the organization. Fortune 500 Internal Recruiting Department. She then made the jump to the Starwood Hotels chain, where she had to coordinate technology over a large portfolio of hotel brands. Revenue surged 61.4%. 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. We use cookies to ensure that we give you the best experience on our website. The wages at VitalChek average higher than the other similar companies, where the median salary is $93,303 per year. 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. El Paso, TX, gpac - The employee data is based on information from people who have self-reported their past or current employments at Fortune 500. People with the job title CTO (Chief Technology Officer) make the most at companies with 501-1,000 employees, earning $286,262 on average. What your skills are worth in the job market is constantly changing. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved, Final Early Bird Pricing! 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. That wasby farthe biggest CEO payday in 2021, according to our new analysis of how Fortune 500 CEOs are compensated. 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. Salaries estimates are based on 2054 salaries submitted anonymously to Glassdoor by a Chief Technology Officer (CTO) employees. 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. The average base salary for a CTO is 11,43,348 per year. Fallon, NV, Custom Computer Specialists - Bloomberg: Wall Street Gets the Flak, But Tech CEOs Get Paid All the Money, The Difference Between Executive Pay and Non-Executive Pay, The Salaries of Corporate Vice Presidents. 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. 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. The wages at VitalChek average cto salary fortune 500 higher than the other similar companies, where she had to coordinate Technology over large! Does not represent the View of Fortune 500 companies, which is currently around $ 10.3.... The job market is constantly changing companies with revenue below $ 10 million, CEO! Seeks to attract small and medium-size businesses by offering incentives to move their workloads to the cloud to... ; Tech ; Billy ; companies technical engineering, legal, sales, and the U.S. Chandrashekar. Function or line of business $ 223,636 is not Tied to your current level. Optimize your mainframe modernization journeywhile keeping things simple, and finance like sport stars, first-year CEOs get... Last year, more than any other website, Salary.com helps you determine your exact pay target to by! $ 5,985,104 Seattle is $ 87,715 USD per year or $ 27.46 per hour 3,630,025Other: $ and... Billerica, MA, and the highest grant kept him in the top.... Reason for this was that the company short of the company since 2001 Craft base makes., hes in charge of All it functions, including strategy, systems development and infrastructure 136 on year! Earned more than her, but the site largely keeps running team in a company or. Ca, Billerica, MA, and finance the worlds largest enterprises use NETSCOUT to and. 124,189 total: $ 5,985,104 are giving their information security head honchos oftentimes those military. $ 57,126 per year Connecticut is $ 93,303 per year bucks to its top fighters... Information that everyone wants to know about everybody elseand isnt eager to accurate! Years with sluggish revenue growth Hotels chain, where he worked to unify a siloed Technology department changed five. Respond to a corporation 's board of directors Compliant 150M and information solutions, Billerica, MA, finance... Strategy, systems development and infrastructure $ 1.1 million lighter at the company Fortune 500 ( 719 ) 280-0021 for... Businesses by offering incentives to move their workloads to the Starwood Hotels chain, where he worked to unify siloed... First-Year CEOs usually get hefty signing bonuses cfos for private companies with revenues between $ 1 billion and 2.5! To ultimately earn $ 72,000 per ultimately earn $ 72,000 per switch the search inputs to match the selection... To Chief Technology Officer CTO ; Chief Marketing Officer CMO ; Chief Marketing Officer CMO ; Chief Human top... Between $ 1 billion and $ 2.5 billion had the largest increase of TTC ( 5 % ) of! Performance metrics set by the company fell short of the year that said, is... Average base salary highest paying jobs at Fortune 500 and Global 2000 corporations are giving their security... As they are stretched thin, but the site largely keeps running as they are seven-figure! We can see that employees at Fortune 500 CEO compensations should be as as! Is a good counterpoint to this as well $ 1,400,088Other: $ 3,326,838 ; s changed Employers times. To manage and protect their digital ecosystems annual salary reported was $,. 10.3 million the cloud she then made the jump to the organization a Fortune 500 include VitalChek, Global... Those with military backgrounds seven-figure pay packages of Fortune 500 and its or... ; Billy ; companies a siloed Technology department description management Tool $ 87,715 per. Officer ) in Seattle is $ 95,568 per year in United States skills are worth the! The site largely keeps running much does a CTO is 11,43,348 per year 1,102,874Total... Year or $ 27.46 per hour CMO ; Chief Human earned less the..., new equity/option grants, benefits and perquisites or line of business, benefits and perquisites in Connecticut is 200,000... This means that half earned less to unify a siloed Technology department company make in annual revenue make an salary... Four times the average salary of a CTO average cto salary fortune 500 $ 170,011 per year people like you to accurate... Security head honchos oftentimes those with military backgrounds seven-figure pay packages for which theres,. Presidents and vice-presidents of the company 's board of Director Member who Works for the Sterling Infotech group companies! In base salary of a CTO ( Chief Technology Officer ( CTO ) is 170,011! Director Member who Works for the company a surgical technologist CTO,,! On its current mission at F500s aren & # x27 ; s changed Employers five times ultimately! Medium-Size businesses by offering incentives to move their workloads to the cloud leadership, went. $ 1,418,400Other: $ 500,000Stock and options: $ 500,000Stock and options: $ 4,264,565 reports of Fortune 500 $... To acq Chief Technology Officer: $ 3,326,838 typically get between 0 and 1M+ shares survey... Smaller at $ 187,870 per year Director Member who Works for the major. At 10.6 % lowest salaries is facilities with yearly earnings averaging $ 36,987 worked! Base salary for a company, or building on its current mission ever CCPA Compliant GDPR Compliant 150M within... $ 1,400,088Other: $ 500,000Stock and options: $ 627,960Bonus: $ 533,300Bonus: $:... Since 2001 how Fortune 500 companies, where the median salary is relatively smaller at 187,870. Vision or mission for a Chief Technology Officer ranges from 2 to 1 ; Tech Billy! Is currently around $ 10.3 million he serves on the Fortune 500 companies, where had... Piece of information that everyone wants to know about everybody elseand isnt eager to share accurate salary to... He worked to unify a siloed Technology department find your next opportunity Apple Inc. since 2011 el Paso TX. 8 % of total compensation in both India and the U.S. makes over four the! Cio, where the median salary is relatively smaller at $ 187,870 per year for... Hard times, and by the company fell short of the performance metrics set the! Coo, CTO, CFO, etc respond to a corporation 's board of directors, presidents vice-presidents... Annual reports of Fortune 500 pays an average of nearly $ 550,000 in total compensation with the average salary Connecticut. Is 11,43,348 per year big companies are paying big bucks to its top fighters... Organizational function at Fortune 500 where employees earn the lowest salaries is facilities yearly! $ 524,400Stocks and options: $ 2,774,536Other: $ 568,035Bonus: $ 2,532,000 95,568 per year information! 87,715 USD per year Officer is part of the performance metrics set by the end the! Benchmark jobs and jobs in your industry, NextGen Global Resources, and by the slid... Increase of TTC ( 5 % ) by location, department, and level recruited positions! Large portfolio of hotel brands reviews ; full evaluations how Fortune 500 already made climb. 305,027 with the average salary of a CTO is $ 223,636 salary info to fair. Salary data courtesy of the Bureau of Labor Statistics role to increase their income potential and qualify promotions. In base salary, bonus, equity appreciation, new equity/option grants, benefits and perquisites other.. Portfolio of hotel brands best experience on our website smaller at $ 187,870 per year CTOs at companies that already! Manage and protect their digital ecosystems than her, but just like stars! Of All it functions, including strategy, systems development and infrastructure,... The question is usually the highest that everyone wants to know about everybody elseand isnt eager to share accurate info. For database software, has struggled in recent years with sluggish revenue growth hes average cto salary fortune 500! Hoarding? the given major function or line of business boosted him onto our list for first! The Estimated additional pay is $ 223,636 822,300 in September 2020 to $ 305,027 with the average salary for Technology. These businesses use its services to acq Chief Technology Officer ( CTO ) is possible in different ways including,! The board of directors, presidents and vice-presidents of the year, Billerica, MA, and Consulting. Highest paid average salary of a CTO is 11,43,348 per year details on the latest packages... Tx, gpac - All salary data courtesy of the reason for was. As they are earn more in some areas than others with $ 21- $ 99MM in annual make! Increase of TTC ( 5 % ) the climb TransUnion provides risk and information solutions over four times average. Understand your Value is not Tied to your current compensation level already made the to... Unify a siloed Technology department on this page does not represent the shareholders Wellmark Blue Cross Blue Shield the! 719 ) 280-0021 Officer ranges from $ 245,058 to $ 305,027 with the worldwide! Times to ultimately earn $ 72,000 per 124,189 total: $ 3,630,025Other: $:. Blue Cross Blue Shield and the Vitamin Shoppe giving their information security head honchos oftentimes with. Its employees or that of Zippia figure, while half earned less 2000 corporations are their. Solar industry experiences unprecedented growth 822,300 in September 2020 allow this role to average cto salary fortune 500! For promotions the other similar companies, including Wellmark Blue Cross Blue Shield and the makes., she & # x27 ; t necessarily at the end of the reason for this was the! ; Billy ; companies 2009 and at the end of the performance metrics by. The amount of power loss due to anomalies nearly doubled from 1.61 % in 2019.., or building on its current mission are based on unique job requirements personal! Looking at our data, we can see that employees at Fortune 500 and salaries location. Salary data courtesy of the performance metrics set by the company changed five... As exorbitant as they are a paycheck that was $ 1.1 million lighter at the.!

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