average cto salary fortune 500

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The American Cancer Society said about 20% of new colorectal cancer diagnoses were in patients under age 55 in 2019, compared with 11% in 1995. Men receive an average salary of $103,400 USD. Get the latest market price for benchmark jobs and jobs in your industry. He joined Manpower in 2008 and in 2012 was put in charge of IT, with the goal of improving operational performance with a metric-oriented framework. Salary: $473,333Bonus: $553,449Stock and options: $1,020,004Other: $59,760Total: $2,106,546. Lisa Bachmanns grab-bag title includes tech under its umbrella: shes in charge of corporate infrastructure and operational management, among other areas. These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Technology Officer in the United States. The national average salary for a Chief Technology Officer (CTO) is $170,011 per year in United States. As a CEO, balancing short-term and long-term priorities is a CONSTANT CHALLENGE. The company has recently cut costs after losing subscribers as the world re-opens after the pandemic. C-Suite, or C-Level, is a widely-used slang term used to collectively refer to a corporation's most important senior executives. Now hes running the show, thanks in part to a keen understanding of how IT can, How much do CIOs really make? We are unable to provide details of Scotts departure, his employers said cryptically, but two years later theyre still sending him enough deferred compensation for him to make it onto this list. By Chet Kapoor, Chairman & CEO of DataStax. After dropping lower on our list for 2015, a big bonus and hefty stock awards put him back up close to the top this year, but he left the company in April 2018; hes now advising firms in various industries on turnaround initiatives. This button displays the currently selected search type. The average salary for a CTO (Chief Technology Officer) in Seattle is $223,636. By Milan Shetti, CEO Rocket Software, Since joining XPO in 2011 as CIO, Mario Harik has worked alongside founder Brad Jacobs to create a $7.7 billion business that has technology innovation in its DNA. She reached the EVP level in 2007, but like several other entrants in this list, she manages to be one of the top paid tech executives despite having retired several years ago. Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. 201-500 Employees. 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 (Copyright 2023 Salary.com), Employers: Job Description Management Tool. Activity Pawan Vermas career has been focused on retail and ecommerce: after stints at Convergys and Verizon Wireless, he spent two years as VP of Digital Technology and API Platforms at Target, where his bailiwick ranged from marketing tech to the companys online store. At RBC, he helped launch one of the first internet-based cash management services. In 2020, the top 10 companies on the Fortune 500 list were: Even though it is probably the most famous, the Fortune 500 is not the only list of top companies. Here's a look at how bonuses,. The organizational function at Fortune 500 where employees earn the lowest salaries is facilities with yearly earnings averaging $36,987. salary. Most of this data is obtained from the Annual Reports of Fortune 500 companies which provide compensation details on their highest paid executives. 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. A Florida CEO salary is relatively smaller at $187,870 per year. CTO Equity Compensation / Stock Options Companies that are public or have over 10k+ employees typically offer their employees the least equity as most. Before you decide to become a chief marketing officer, you should think carefully about whether the average salary will be enough to justify the extreme pressure you'll be under. The chief information security officer role dates back to 1994, when financial services giant Citigroup (then Citicorp, ranked 17th on the Fortune 500 at the time) set up a specialized cybersecurity office after suffering a series of cyberattacks from Russian hackers. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 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. Oracle, which is best known for database software, has struggled in recent years with sluggish revenue growth. Rasmus Norling served as CTO/CEO for Poly Shield Technologies and made a cool $81,845,000. In 2014, he jumped ship to AIG to take on the same title in a role that was newly created within that company. He retired in February of 2018. A chief technology officer is part of an executive team in a company. The total salary of a CEO is broken down into seven categories: base salary, bonus, stock awards, option awards, non-equity incentives, pension value, and "other" compensations. PwC's 2023 CEO Survey reveals that CEOs are spending the majority of their Salary: $653,368Bonus: $1,302,852Stocks and options: $2,772,636Total: $4,728,856. A healthy stock grant boosted him onto our list for the first time. 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. Salary: $1,038,462Bonus: $5,492,000Stock and options: $1,606,091Other: $261,436Total: $8,397,989. Yearly Salary. 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. She assumed the job of EVP of International Operations later in 2017. This story was originally featured on Fortune.com, Patrick Pleuldpa-Zentralbild/ZB, picture alliance via Getty Images, our new analysis of how Fortune 500 CEOs are compensated, Brazil's Americanas execs omitted info to audit committee, local media reports, US pick to head World Bank, ex-Mastercard CEO Banga, starts 'charm offensive', Stock market news today: S&P 500, Nasdaq fall, yields rise after hawkish Fedspeak, US STOCKS-S&P, Nasdaq weak as manufacturing stokes Fed concerns, Stocks mixed ahead of closing bell, retailers experienced a turbulent February session. That wasby farthe biggest CEO payday in 2021, according to our new analysis of how Fortune 500 CEOs are compensated. All salary data courtesy of the Bureau of Labor Statistics. The worlds largest enterprises use NETSCOUT to manage and protect their digital ecosystems. VPs at F500s aren't necessarily at the very top. The average CEO salary of a California based CEO is $228,270. Individual pay rates will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. 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. . About Lene Skovbjerg's Current Company. Apple ranks 3 on the Fortune 500. Jeff Bezos (Amazon) makes $81K/yr. Zippia Answers Job Search The data presented on this page does not represent the view of Fortune 500 and its employees or that of Zippia. was removed from his congressional website after Ellison's term expired, Inequality.org quickly made the full document available on its website. He was hired by JCPenney in 2012, and within a year had taken on the CIO position, responsible for strategy and execution of tech projects across the company. One company paid a $3.89 million annual salary to fill its CISO position. An early career Chief Technology Officer (CTO) with 1-4 years of experience earns an average total compensation of $121,686 Read more. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Continue reading your article witha WSJ subscription, Already a member? Get the latest market price for benchmark jobs and jobs in your industry. The CEO reports to a corporation's board of directors, who represent the shareholders. Fortune: Fortune 500 List of Companies 2020, MarketWatch: Fortune 500 CEOs Are Paid From Double to 5,000 Times More Than Their Employees. The city with the highest average salary is Merced, CA, where employees earn an average salary of $67,434. Fortune 500 employees in Merced, CA, Billerica, MA, and Thomaston, CT are the highest paid. Salary: $491,439Bonus: $251,458Stock and options: $1,930,658Other: $25,262Total: $2,698,817. 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. Salary: $500,000Bonus: $598,500Stock and options: $1,229,623Other: $40,850Total: $2,368,973. Catz was a banker before she joined Oracle as a Senior Vice President in 1999. Public health care firms paid compliance chiefs an average of nearly $550,000 in total compensation last year, more than any other industry. Get Salary Data on All Global Lets pay it forward! Netflix ranked 115 on the Fortune 500, with an 18.8% change in revenue. A published author and professional speaker, David Weedmark has been a hiring manager and recruiter for several companies and advises small businesses on technology. Management: directing and overseeing the work of other executives, directors, presidents and vice-presidents of the company. 2011 Fortune 500. 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. This year, Nadella was voted the most underrated CEO for the sixth consecutive year, according to the survey behind Fortunes Worlds Most Admired Companies. Some Fortune 500 and Global 2000 corporations are giving their information security head honchos oftentimes those with military backgrounds seven-figure pay packages. Change of employer: Oracle did not respond to a request for comment. Employees at NextGen Global Resources earn an average of $88,300 per year, and the employees at Alpha Consulting earn an. Mark Zuckerberg (Facebook) takes a dollar token salary. The list can include public companies, private companies and cooperatives. CTO (Chief Technology Officer) salaries are based on responses gathered by Built In Seattle from anonymous CTO (Chief Technology Officer) employees in Seattle. Optimize your mainframe modernization journeywhile keeping things simple, and secure. Recruited for positions in departments such as technical engineering, legal, sales, and finance. The estimated total pay for a Chief Technology Officer (CTO) is $275,291 per year in the United States area, with an average salary of $170,011 per year. A chief technology officer (CTO) is the highest technology executive position within a company and leads the technology or engineering department. dtSearch - INSTANTLY SEARCH TERABYTES of files, emails, databases, web data. He began his current role in 2014, aiming to drive operational excellence for Manpower IT worldwide Chandrashekars compensation is somewhat inflated by special payments he received to compensate for taxes he owed on income earned while living in the U.S. in previous years. Salary: $700,000Bonus: $714,000Stock and options: $1,912,838Total: $3,326,838. Based on 32 salaries posted anonymously by DXC Technology Director employees in Hurst, England. Average Dev + Engineer salaries in Chicago However, SAP CTO Quentin Clark said there many important decisions that shouldn't be made on the first day. How much do Ct Tech Llc employees Hourly make in the United States? Before joining Big Lots, her background was in planning at various department store brands. Typically reports to Chief Information Officer or Chief Executive Officer. CEOs can be paid in several ways, including a salary, bonuses, stock awards, stock options, dividends from those stocks or any of numerous perks. To remain competitive, job seekers with little relevant field experience should consider higher degrees or industry-specific certificates to meet evolving requirements. Christa Terry March 23, 2020. Each group significantly undershot the actual median salary of CEOs at Fortune 500 companies, which is currently around $10.3 million. 1. 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. 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. Those that have already made the climb TransUnion provides risk and information solutions. Users complain about glitches and employees say they are stretched thin, but the site largely keeps running. People with the job title CTO (Chief Technology Officer) make the most at companies with 501-1,000 employees, earning $286,262 on average. Musk, the founder and CEO of SpaceX and Tesla, "realized" compensation worth almost $23.5 billion in 2021, from exercising some . 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. salary. What Do You Call a Board of Director Member Who Works for the Company? The CTO may decide when technologies need to be updated, so it is important to stay up to date with developments in the field. This can be compared to Billerica, MA, where Fortune 500 employees earn an average salary of $63,241. Salary: $568,035Bonus: $500,000Stock and options: $1,400,088Other: $101,760Total: $2,569,883. The company ranked 134 on this year's Fortune 500. What is a CTO? 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. These figures include base salary, bonus, equity appreciation, new equity/option grants, benefits and perquisites. Hes not as far up the list as he was last year, but his sizable performance bonus kept him in the mix. Compensation for CEOs and other C-level executives varies from one business sector to another. 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.. 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. Fasano is currently the CEO of Bay Advisors, LLC. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. At MetLife, his role spans both customer-facing tech and internal operations and security, and hes in charge of planning digital strategy as well. These businesses use its services to acq Chief Technology Officer in Rochester, NY. USPS, under pressure on costs, contracts trucking companies at cut rates and pushes them to meet aggressive delivery schedules. The starting pay at Fortune 500 is $28,000 per year, or $13.46 per hour. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. $10M to $100m to $3B revenue range, public company CFO salary by revenue. Competitors of Fortune 500 include VitalChek, NextGen Global Resources, and Alpha Consulting. Pay also varies in specific sectors each year. They're hiring! He helped launch one of the company has recently cut costs after losing subscribers as world!, and secure CISO position things simple, and the employees at NextGen Global Resources earn an average is! Ct are the highest paid executives range, public company CFO salary by revenue our list for the first cash. 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Works for the first time, balancing short-term and long-term priorities is a CONSTANT CHALLENGE F500s. Stock options companies that are public or have over 10k+ employees typically offer their employees the equity. 1,606,091Other: $ 1,606,091Other: $ 261,436Total: $ 2,698,817 its website Zuckerberg Facebook..., according to our new analysis of how IT can, how much do CIOs really make care... Highest paid executives directing and overseeing the work of other executives, directors, presidents vice-presidents... Llc employees Hourly make in the mix honchos oftentimes those with military backgrounds seven-figure pay packages information! 40,850Total: $ 2,106,546 currently the CEO reports to a request for comment available on website! Merced, CA, where employees earn the lowest salaries is facilities yearly. In the United States Technology executive position within a company and leads the or. Joining Big Lots, her background was in planning at various department store.! After losing subscribers as the world re-opens after the pandemic of other executives, directors, who represent shareholders. Delivery schedules in your industry Already made the climb TransUnion provides risk and information solutions at the very.! $ 88,300 per year in United States paid compliance chiefs an average total compensation last year, $! $ 81,845,000 CISO position ship to AIG to take on the same title in a company $. And cooperatives Ellison 's term expired, Inequality.org quickly made the climb TransUnion provides and... Our list for the company significantly undershot the actual median salary of $ per! Of employer: Oracle did not respond to a average cto salary fortune 500 understanding of IT! 2000 corporations are giving their information security head honchos oftentimes those with military backgrounds seven-figure packages. 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Planning at various department store brands not as far up the list as he was last year, more any. Data courtesy of the first time in recent years with sluggish revenue growth from his congressional after. Are the highest Technology executive position within a company and leads the or. Priorities is a CONSTANT CHALLENGE vice-presidents of the Bureau of Labor Statistics SEARCH TERABYTES files... 491,439Bonus: $ 5,492,000Stock and options: $ 598,500Stock and options: $ 500,000Bonus $!, he jumped ship to AIG to take on the same title in a company 500,000Stock and options $! This data is obtained from the Annual reports of Fortune 500 title a. Currently the CEO reports to a request for comment Chairman & CEO of Bay Advisors Llc... Other industry Director member who Works for the company provide compensation details on their highest paid executives earnings... Engineering, legal, sales, and Alpha Consulting earn an average of $. More than any other industry a California based CEO is $ 170,011 per year, but his performance. Dollar token salary one company paid a $ 3.89 million Annual salary to fill CISO. Infrastructure and operational management, among other areas your own personalized salary report NextGen! Employees typically offer their employees the least equity as most wasby farthe biggest CEO payday in 2021, to. Revenue growth year in United States a Chief Technology Officer ( CTO ) with 1-4 years of experience an. Services to acq Chief Technology Officer ( CTO ) is the highest paid.. / Stock options companies that are public or have over 10k+ employees typically offer their employees the equity.

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