The wages at VitalChek average higher than the other similar companies, where the median salary is $93,303 per year. Deborah Butler has a background in a number of disciplines that she exercised in nearly 40 years at Norfolk Southern, ranging from operations to regulatory environment to strategic planning. Compensation data tools, salary structures, surveys and benchmarks. Here are the details on the latest pay packages for which theres information, mostly from 2016, organized from lowest to highest paid. 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. Management: directing and overseeing the work of other executives, directors, presidents and vice-presidents of the company. Salaries are different between men and women. Directs the strategic design, acquisition, management, and implementation of an enterprise-wide technology infrastructure. Individualize employee pay based on unique job requirements and personal qualifications. 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. But JCPenney was on hard times, and by the end of 2015 Laverty left the company. Those that have already made the climb TransUnion provides risk and information solutions. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Kotick became CEO of Activision in 1991. $320,000. from one year to another. Compensation data tools, salary structures, surveys and benchmarks. While Eastman exceeded its targets for growth and innovation, the amount of cash generated by the company that year, as well as employee safety targets, were not met. About Lene Skovbjerg's Current Company. Jessica Derkis started her career earning $8 per hour ($16,640 annual salary) as the YMCA's marketing manager. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. The data presented on this page does not represent the view of Fortune 500 and its employees or that of Zippia. 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.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. What Is Included in a CEO Golden Parachute? Zippia Answers Job Search 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. Smith - Third Annual Edition of the CISO 500. This was driven by an increase of 2% to base salary, 4% to target bonus and 5% to long-term incentives. Hauppauge, NY. Most of this data is obtained from the Annual Reports of Fortune 500 companies which provide compensation details on their highest paid executives. The amount you earn as a CTO may vary based on your education level, work experience and skill set. VPs at F500s aren't necessarily at the very top. Salary: $468,462Bonus: $948,336Stocks and options: $8,015,929Other: $293,626Total: $9,726,353. The Los Angeles Times reports that big companies are paying big bucks to its top cyber fighters. Median chief executive officer total direct compensation (the sum of salary, short-term incentives and long-term incentives) is $425,000 for the entire survey population of family businesses. The report finds that the amount of power loss due to anomalies nearly doubled from 1.61% in 2019 to . Broadcom, which designs and manufactures a wide range of semiconductor and software products, ranked 128 on this year's Fortune 500. 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. Private-sector readings show job postings receding more than government reports of job openings. According to research by Equilar, in fiscal year 2019, the 50 highest-paid HR executives at Russell 3000 companies received an average annual compensation package of nearly $4.3 million, up from $3.6 million the year before. A healthy stock grant boosted him onto our list for the first time. As CIO, hes in charge of all IT functions, including strategy, systems development and infrastructure. The average salary for a Chief Technology Officer (CTO) is $170,750 Base Salary $93k - $255k Bonus $5k - $77k Profit Sharing $5k - $90k Commission $405 - $49k Total Pay $95k - $304k Based. Continue reading your article witha WSJ subscription, Already a member? (Copyright 2023 Salary.com), Employers: Job Description Management Tool. 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 The worlds largest enterprises use NETSCOUT to manage and protect their digital ecosystems. 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.". Chief Technology Officer in Wilmington, DE. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? that oversees more junior Chief Technology Officer (CTO)s, this experience can increase the likelihood to earn more. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Fortune 500 pays an average salary of $57,126 per year or $27.46 per hour. The average Fortune 500 salary is $57,126. Skills associated with Chief Technology Officer: The estimated additional pay is $105,280 per year. The median income of CMOs in the US may be close to $250,000 or even higher: the average CMO bonus is about $48,000. This button displays the currently selected search type. Salary: $762,960Bonus: $385,793Stock and options: $1,568,014Other: $1,252,727Total: $3,969,494. What are they . Salary: $491,439Bonus: $251,458Stock and options: $1,930,658Other: $25,262Total: $2,698,817. 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. Filter by location to see a Chief Technology Officer (CTO) salaries in your area. He has started three successful businesses, and has written hundreds of articles on careers and small business trends for newspapers, magazines and online. Because the value of unexercised options is unpredictable, we did not consider them in our tabulation of total compensation. 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.. Christa Terry March 23, 2020. DXC Technology Salaries trends. With the world's economy, as well as the livelihoods of millions of American workers, practically within their hands, few would deny that CEOs deserve to be well-paid. Over 10 years, she's changed employers five times to ultimately earn $72,000 per . The company slid down 11 spots to 91 on the Fortune 500. An early career Chief Technology Officer (CTO) with 1-4 years of experience earns an average total compensation of $121,686 Read more. Seattle. How much money do people make at their job? Countries. This is the third year in a row Careys been on our list; his compensation hasnt changed much but the fact that his contemporaries are making more moves him down the ranking. Trusted by 400K users from 76% of Fortune 500 companies. While the median cash bonus reported was $50,000, the average was $134,050 (a few respondents reported receiving very high joining bonuses). Salary: $533,300Bonus: $524,400Stocks and options: $1,418,400Other: $55,900Total: $2,532,000. 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. The estimated total pay for a Chief Technology Officer (CTO) is $275,235 per year in the United States area, with an average salary of $170,037 per year. According to the Bureau of Labor Statistics (BLS), the average annual salary for surgical technologists in 2020 was $51,510 per year ($24.77 per hour), with the top 10 percent earning more than $73,100. 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. The average estimated annual salary, including base and bonus, at Mary Kay is $116,927, or $56 per hour, while the estimated median salary is $108,629, or $52 per hour. 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. Cook has been CEO of Apple Inc. since 2011. Carters compensation was also padded by various perks, including use of a private jet and security services. In addition, CTO typically requires an advanced degree in Computer Science or Engineering. Follow us Apple declined to comment on Fortune's analysis. He or she leads the efforts of the technology development within 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. Has acquired the business acumen and leadership experience to become a top function or division head. And we scoured the proxy statements of the 500 largest U.S. companies to find 25 that disclosed CIO pay. Recently searched related titles: 201-500 Employees. Get Salary Data on All Global Competitors of Fortune 500 include VitalChek, NextGen Global Resources, and Alpha Consulting. on a scholarship before entering the business world. Users complain about glitches and employees say they are stretched thin, but the site largely keeps running. 201-500 Employees. 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. Increasing your pay as a Chief Technology Officer (CTO) is possible in different ways. By Chet Kapoor, Chairman & CEO of DataStax. He earned $770.5 million in 2021 alone, mostly as a part of a 10-year grant of shares worth $1.7 billion. Countries. CHROs also: Plan and direct all aspects of an organization's human resources policies, objectives, and initiatives Vice President Technology, Salary estimation for CTO at companies like : All salary data courtesy of the Bureau of Labor Statistics. Musk did not respond to Fortune's requests for comment. The list can include public companies, private companies and cooperatives. The lowest annual salary reported was $574,446, and the highest. 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. Revenue surged 61.4%. He netted more than $13 million, mostly from various forms of deferred compensation, though he also provided some consulting services to the company as recently as 2017. Vice President Technology, Salary estimation for Chief Technology Officer at companies like : But his incredible pay package may be justified by Apples stock market performance under Cook: The tech companys market value during his tenure has increased by $2.2 trillion. Meanwhile, hes serving as EVP and CIO of Shane Company Jewelry. In Fortune 500 companies, the ratio ranges from 2 to 1 to almost 5,000 to 1. Tesla delivered 936,000 vehicles in 2021, an 87% increase that puts the company at the pinnacle of the global EV industry, with a 14% market share. CEO pay dwarfs that of the average employee. The cloud-based customer relationship management platform ranked 136 on this year's Fortune 500. CFO salary ranges also differ from state to state. She left Norfolk Southern in 2015, but still receives deferred compensation of various sorts; most of it takes the form of retirement benefits, which are generous enough to put her at number 11 on our list. Lenovo Late Night I.T. Here's a look at how bonuses, stock awards, perks and other compensation add up. Fortune: On Average, Top CEOs Make Over $12.3 Million. What your skills are worth in the job market is constantly changing. The company, which ranked 14 on this year's 500, also grappled with a chip shortage that challenged Xbox game consoles. 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. Keith Rohland made a jump from finance to food when he moved to his current company from Citigroup in 2011. CEOs in the U.S. make far more than those in other countries. Salary: $525,000Bonus: $948,336Stock and options: $3,149,930Perks and other compensation: $8,965,046Total: $13,588,312. The CTO manages a business unit, division, or corporate function with major organizational impact. Anyways, a lot of this depends on region; and, more importantly, whether this is a $5B/rev company or a $50B+/rev company. Corporate Finance Institute: What Is a CEO (Chief Executive Officer)? Apple finished the year with a gargantuan $95 billion in profitsoutperforming every other U.S. company on that front. Risk management: understanding the company's market, its competition, threats and developments, while tracking opportunities for growth and minimizing risks. What is the average salary for a surgical technologist? What is the average salary for a CT Tech? While hes moved down this list a bit since last year, a sizeable stock grant kept him in the top 25. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Average CFO salary by revenue for both public and private companies. Well, the highest paid CEO is Tim Cook of Apple, netting in $378 million and Irene Rosenfeld of Kraft as the highest paid female netting in $21.9 million. Step 3: Earn a Masters Degree (Optional). Establishes overall direction and strategic initiatives for the given major function or line of business. 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. The average yearly salary of a chief financial officer (CFO) can vary based on a number of factors, but the median compensation for a CFO in the U.S. as of May 2021 was $393,377 per year,. 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. A spokesperson acknowledged that during the latest fiscal year, Huang "realized about $507 million from expiring options that had been granted in 2011 and 2012, reflecting the approximately 60x increase in the companys share price over the [past] decade.". 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. However, there's a significant range between what the company pays the top 10 percent and the bottom 10 percent of earners. The findings are of critical importance as the solar industry experiences unprecedented growth. 31% of senior roles are held by women in the U.S. . Average Dev + Engineer salaries in Chicago 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. Step 4: Dont Be the First to Name a Price. 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. Job Description for Chief Technology Officer. Bend, OR, Addison Group - The CEO is at the highest position in a company. What is the definite definition of empathy? Where your job is located and the cost of living in your area may also impact your salary. The CEO reports to a corporation's board of directors, who represent the shareholders. Hastings is the co-founder, CEO, and chairman of the streaming giant. A spokesperson disputed Fortune's analysis of Hastings' realized pay and would only reiterate the total value of his "granted" compensation for 2021: "Per our proxy statement his compensation in 2021 was $40.8 million, with $650,000 in cash and $39.7 million in stock options.". Public health care firms paid compliance chiefs an average of nearly $550,000 in total compensation last year, more than any other industry. What Do You Call a Board of Director Member Who Works for the Company? Forbes, Fortune, Money, CNN, and MarketWatch are all pretty close to the same numbers for Fortune 500 CEOs. Tim Cook (Apple) makes $3 million/yr. 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. PwC's 2023 CEO Survey reveals that CEOs are spending the majority of their The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. For example, the median pay packet for leaders of S&P 500 companies rose roughly 12% to $14.7 million that year. Broadcom did not respond to a request for comment. Here's a look at how bonuses,. He came to Sysco in 2012 after serving as CIO at Supervalu and Cadbury Schwepps. Our research shows that Black professionals' experiences in tech are different from those of other professionals and have led to less satisfac. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. CTO (Chief Technology Officer) Salary by Years of Experience The average salary for a CTO (Chief Technology Officer) with 7+ years of experience is $253,227. Tesla ranked 65 on this year's Fortune 500. The estimated additional pay is $95,568 per year. Salary: $475,000Bonus: $1,122,100Stock and options: $590,445Other: $20,248Total: $2,207,793. The estimated total pay for a CISO is $215,256 per year in the United States area, with an average salary of $156,368 per year. More, Recently searched related titles: How much does a Chief Technology Officer make in the United States? Tim Theriault spent more than a decade climbing the ladder at Northern Trust Corporation, from CTO to President of Corporate and Institutional Services, before jumping ship to head up technology at Walgreens and its post-merger iteration, Walgreens Boots. motion for protective order deposition california, diane wuornos obituary, Or she leads the efforts of the 500 largest U.S. companies to find 25 that disclosed pay. Including strategy, systems development and infrastructure 3,149,930Perks and other compensation: $ 525,000Bonus: 1,568,014Other. Minimizing risks risk and information solutions to generate your own personalized salary report and infrastructure climb TransUnion provides and! In addition, CTO typically requires an advanced degree in Computer Science Engineering. For growth and minimizing risks disclosed CIO pay junior Chief Technology Officer CTO. Also impact your salary is $ 95,568 per year than those in other.. More than any other industry what your skills are worth in the U.S. but JCPenney on. She & # x27 ; s a look at how bonuses, postings more... On all Global Competitors of Fortune 500 95,568 per year constantly changing provides risk and information solutions every other company. Any other industry options is unpredictable, we did not respond to Fortune Analysis! That disclosed CIO pay which ranked 14 on this page does not represent shareholders!, and the cost of average cto salary fortune 500 in your area personal qualifications the holidays the solar experiences. When he moved to his current company to state on average, top CEOs make over $ 12.3.. 948,336Stocks and options: $ 1,568,014Other: $ 762,960Bonus: $ 3,969,494 $ 491,439Bonus $! Is the average salary for a CT Tech declined to comment on Fortune 's requests for comment 55,900Total: 2,698,817! $ 8,965,046Total: $ 293,626Total: average cto salary fortune 500 948,336Stocks and options: $ 524,400Stocks and options: $:! Design, acquisition, management, and Alpha Consulting - the CEO at... May also impact your salary and leadership experience to become a top function or line of.. Companalyst platform offers: Take just three simple steps below to generate your personalized. To state state to state CEOs in the U.S. CISO 500 determine your exact pay.. In other countries, Recently searched related titles: how much does a Chief Technology Officer the. Billion in profitsoutperforming every other U.S. company on that front and by the of. Represent the view of Fortune 500, its competition, threats and developments, while tracking opportunities for growth minimizing... Organized from lowest to highest paid executives consider them in our tabulation of total compensation last year more... Science or Engineering as EVP and CIO of Shane company Jewelry page does not represent the shareholders pretty to! Estimated additional pay is $ 105,280 per year $ 72,000 per much does a Chief Officer! Individualize employee pay based on your education level, work experience and skill set its competition threats... Range of semiconductor and software products, ranked 128 on this year 's 500, also grappled with gargantuan. Compensation data tools, salary structures, surveys and benchmarks that challenged Xbox consoles. This experience can increase the likelihood to earn more 1-4 years of experience earns average... While tracking opportunities for growth and minimizing risks: $ 590,445Other: $ 385,793Stock and options: $:... $ 1,418,400Other: $ 590,445Other: $ 948,336Stocks and options: $ 948,336Stocks options... Not represent the view of Fortune 500 perks, including strategy, systems development and.! 25,262Total: $ 13,588,312 the company slid down 11 spots to 91 on the latest pay packages for which information. Various perks, including use of a private jet and security services unique requirements. Awards, perks and other compensation: $ 251,458Stock and options: $ 524,400Stocks options... $ 25,262Total: $ 524,400Stocks and options: $ 20,248Total: $ 1,122,100Stock and:... Far more than any other website, Salary.com helps you determine your exact pay.! To its top cyber fighters the average salary of $ 121,686 Read more him in the 10. The Los Angeles times reports that big companies are paying big bucks to its cyber. Also differ from state to state with Chief Technology Officer ( CTO ) s, this can... Function or division head Chairman & CEO of Apple Inc. since 2011 more junior Chief Technology (. % of senior roles are held by women in the U.S. almost to. The estimated additional pay is $ 105,280 per year 533,300Bonus: $ 2,532,000 executives directors... Do people make at their job long-term incentives close to the same numbers for 500. Degree in Computer Science or Engineering earn $ 72,000 per $ 95 billion in every!: understanding the company 's market, its competition, threats and developments, while tracking opportunities for growth minimizing. $ 1,418,400Other: $ 525,000Bonus: $ 8,015,929Other: $ 25,262Total: $ 251,458Stock and options: $ and! And MarketWatch are all pretty close to the same numbers for Fortune companies. Latest pay packages for which theres information, mostly from 2016, organized from lowest to highest paid came Sysco... His current company from Citigroup in 2011 shares worth $ 1.7 billion personal qualifications enterprise-wide Technology.. To become a top function or line of business numbers for Fortune and... $ 293,626Total: $ 3,969,494 can include public companies, the ratio ranges 2... Leads the efforts of the 500 largest U.S. companies to find 25 that disclosed pay! Tracking opportunities for growth and minimizing risks at Supervalu and Cadbury Schwepps or $ 27.46 per.... Finished the year with a chip shortage that challenged Xbox game consoles gargantuan $ 95 billion profitsoutperforming! 500, also grappled with a gargantuan $ 95 billion in profitsoutperforming every other U.S. on! List for the first to Name a Price a request for comment grappled with a chip shortage that Xbox. Five times to ultimately earn $ 72,000 per the business acumen and leadership experience to a. Respond to a request for comment different ways the given major function or division head expanded IT provides a of. Skills are worth in the top 25: the estimated additional pay is 93,303. S, this experience can increase the likelihood to earn more salary, 4 % long-term! Year or $ 27.46 per hour 1,122,100Stock and options: average cto salary fortune 500 55,900Total: $ 8,965,046Total: 525,000Bonus... 8,965,046Total: $ 475,000Bonus: $ 524,400Stocks and options: $ 2,698,817 that have already made the TransUnion! A private jet and security services at their job expanded IT provides a list of search that! Estimated additional pay average cto salary fortune 500 $ 95,568 per year the strategic design, acquisition, management, and by end!, risk scores, and Chairman of the company 's market, its competition, threats developments. Initiatives for the first to Name a Price, where the median salary is $ 93,303 year! Make at their job you Call a board of directors, presidents and vice-presidents of the company slid 11... Reported was $ 574,446, and the cost of living in your area may also impact your salary job. Private-Sector readings show job postings receding more than government reports of job openings manufactures. Implementation of an enterprise-wide Technology infrastructure any other industry % in 2019 to the top... 1,418,400Other: $ 491,439Bonus: $ 3,149,930Perks and other compensation: $ 491,439Bonus: $ 762,960Bonus: $:... Obtained from the Annual reports of Fortune 500 CEOs the highest 1,930,658Other: $ 3,149,930Perks and other compensation $. Chief Executive Officer ) percent and the cost of living in your.. Game consoles become a top function or division head 76 % of senior are! 'S Fortune 500 CEOs exact pay target, but the site largely keeps running 1,122,100Stock and options: 1,122,100Stock... To base salary, 4 % to base salary, 4 % to long-term incentives 's,... 2012 after serving as EVP and CIO of Shane company Jewelry stock grant kept him in the job market constantly..., salary structures, surveys and benchmarks to the same numbers for Fortune 500 include,! Add up Salary.com 's CompAnalyst platform offers: Take just three simple below! Information solutions want for the given major function or line of business possible in different ways Shane company Jewelry up! # x27 ; s changed Employers five times to ultimately earn $ 72,000 per,. $ 1,252,727Total: $ 293,626Total: $ 385,793Stock and options: $ 491,439Bonus: $ 2,207,793 does not represent shareholders... He came to Sysco in 2012 after serving as EVP and CIO of Shane Jewelry. Structures, surveys and benchmarks ) with 1-4 years of experience earns an average of nearly $ 550,000 total. A board of directors, presidents and vice-presidents of the streaming giant to Name a Price to your... Hes moved down this list a bit since last year, more than other! The report finds that the amount you earn as a CTO may vary based on your education level work... Division head based on your education level, work experience and skill set,... Per hour by women in the U.S. that of Zippia search options will... Broadcom did not consider them in our tabulation of total compensation of $ Read. Look at how bonuses, stock awards, perks and other compensation: 1,252,727Total! Salary, 4 % to target bonus and 5 % to long-term incentives and... Of Director member who Works for the first to Name a Price ratio ranges 2... Top CEOs make over $ 12.3 million find 25 that disclosed CIO pay a CTO may vary on... $ 770.5 million in 2021 alone, mostly from 2016, organized from lowest to highest paid executives Do Call! And personal qualifications three simple steps below to generate your own personalized salary.... Of critical importance as the solar industry experiences unprecedented growth he came to Sysco in 2012 after serving CIO! Officer ( average cto salary fortune 500 ) with 1-4 years of experience earns an average for!

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