. AVANTI Wind Systems A/S . Salesforce's acquisitions of MuleSoft, Tableau, and Slack have helped fuel growth in recent years. Individualize employee pay based on unique job requirements and personal qualifications. The report finds that the amount of power loss due to anomalies nearly doubled from 1.61% in 2019 to . Average salary for DXC Technology Director in Hurst, England: [salary]. Average Tenure. Vision: creating a vision or mission for a company, or building on its current mission. 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. The starting pay at Fortune 500 is $28,000 per year, or $13.46 per hour. Recently searched related titles: 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. A healthy bonus put him high on our list for this year. Hes been in his current role since 2009 and at the company since 2001. For example, the median pay packet for leaders of S&P 500 companies rose roughly 12% to $14.7 million that year. Fortune 500 pays $57,126 per year on average compared to Ascent Group which pays $56,677. 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. Wayne Shurts has a CTO title but his role at Sysco involves a lot of inward-facing tasks youd associate with a CIO; for instance, hes worked to roll out AWS to support the DevOps team. Get the latest market price for benchmark jobs and jobs in your industry. Just in case you need a simple salary calculator, that works out to be approximately $68.09 an hour. Salary: $568,035Bonus: $500,000Stock and options: $1,400,088Other: $101,760Total: $2,569,883. CHROs also: Plan and direct all aspects of an organization's human resources policies, objectives, and initiatives 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. REDWOOD CITY, CA (August 24, 2016) - Pay for S&P 500 chief financial officers (CFO) has increased steadly over the past five years, according to a new report from Equilar, CFO Pay Trends 2016. About Lene Skovbjerg's Current Company. Pay packages of 25 Fortune 500 execs revealed | CIO A CIO's salary is nothing to sneeze at, but salary alone doesn't tell the whole compensation story. The full list is below. Now, a quarter-century after the first CISO emerged, every one . Step 3: Remember That Executive Compensation Is Not Only About Salary. 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. At Foot Locker, hes responsible for both outward and inward facing tech, ranging from CRM and supply chain to channel customer experience. 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. 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. The average ratio between CEO and worker pay in the U.S. is 339 to one, according to MarketWatch. The company faced challenges because of the global chip shortage, but successfully began manufacturing the equipment in-house. Not the job you're looking for? The companies surveyed in Ellison's report employed more than 14 million workers and generated about $6.3 trillion in profit. How to become a CTO In 2021, Musk "realized" compensation worth almost $23.5 billion, from exercising some Tesla stock options awarded in a 2018 multiyear moonshot grant. 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. Salary: $553,846Bonus: $2,780,000Stock and options: $3,143,627Other: $78,648Total: $6,556,121. 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. The company ranked 231 on this year's Fortune 500. Tan was born in Malaysia and attended M.I.T. They develop policies and procedures and use technology to enhance products and services that focus on external customers. After bouncing among more general top-level divisions, she assumed the more exalted title of SVP of Business Transformation and IT in 2013, which is the job that earned her the well-compensated place on this list. Robert Carter has been with FedEx since 1993, and he sets the technology direction of the shipping giants applications, networks and data centers. All data are based on 119 salary surveys. IT Management, Strategy Development, Infrastructure Management, Data Governance 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. Salary: $475,000Bonus: $1,122,100Stock and options: $590,445Other: $20,248Total: $2,207,793. By the mid 00s he had moved to become CIO at Oracle, then spent a spell in the same role at Symantec before joining Western Union in 2012. The Los Angeles Times reports that big companies are paying big bucks to its top cyber fighters. dtSearch - INSTANTLY SEARCH TERABYTES of files, emails, databases, web data. The median target total compensation (TTC) for CEOs increased 5% from $7.77 million in 2019 to $8.16 million in 2020. They also rank higher than the vice president and many times, the Managing Director. $10M to $100m to $3B revenue range, public company CFO salary by revenue. These Fortune 100 employers have at least 350 openings each. Salaries at Fortune 500 can vary depending on the department or organizational function. At MetLife, his role spans both customer-facing tech and internal operations and security, and hes in charge of planning digital strategy as well. Bend, OR, B.E. 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. 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. 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. Salary: $598,462Bonus; $2,409,960Stock and options: $2,679,467Other: $10,600Total: $5,698,489. Fallon, NV, Custom Computer Specialists - Despite rampant employee complaints and several lawsuits over sexism, harassment, and Koticks personal mismanagement of assault claims at the game developer, Microsoft in January agreed to buy Activision for $68.7 billion, in what would be its largest acquisition to date. Additionally, Chief Technology Officer typically requires an advanced degree in Computer Science or Engineering. The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. Directs the strategic design, acquisition, management, and implementation of an enterprise-wide technology infrastructure. 31% of senior roles are held by women in the U.S. . A Chief Digital Officer reported a yearly salary . Salary: $330,279Bonus: $617,490Stock and options: $376,696Other: $584,235Total: $1,908,700. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $278,100 to $403,700 with the average total cash compensation of $331,000. The company has recently cut costs after losing subscribers as the world re-opens after the pandemic. Corporate executives account for two-thirds of the richest 1 percent of American households. Meanwhile, hes serving as EVP and CIO of Shane Company Jewelry. 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. These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of CTO in the United States. Establishes technology standards and communicates technical information to the organization. For companies with revenue below $10 million, median CEO total direct compensation is $200,000. 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. USPS, under pressure on costs, contracts trucking companies at cut rates and pushes them to meet aggressive delivery schedules. 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. . Mike McNamara began his tech career at British retailer Tesco in the late 90s, helping roll out its website and overseeing its IT and supply chain businesses, then expanding the companys operating model outside the UK. The estimated additional pay is $95,568 per year. Salary: $681,250Bonus: $2,300,000Stock and options: $2,369,817Total: $5,351,067. Trusted by 400K users from 76% of Fortune 500 companies. Although he makes the cutoff for our list because he worked at AIG in 2017 and netted hefty compensation, much of it in the form of a bonus he actually left the company in March of that year, possibly as part of the sweep of the executive ranks that soon afterward saw the CEO ousted as well. on a scholarship before entering the business world. Data source: Craft Base salary makes up only 8% of total compensation. Looking at our data, we can see that employees at Fortune 500 earn more in some areas than others. 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. Risk management: understanding the company's market, its competition, threats and developments, while tracking opportunities for growth and minimizing risks. International Business Machines (IBM) Corp. Project Manager, (Unspecified Type / General). The estimated additional pay is $58,887 per year. The cloud-based customer relationship management platform ranked 136 on this year's Fortune 500. 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. Can It Keep Rising Post-Pandemic? What are the multiple roles of a successful introductory paragraph? Job Description for Chief Technology Officer. The Chief Technology Officer manages a business unit, division, or corporate function with major organizational impact. Shes been at Big Lots in one role or another since 2002, and served for 10 years in a more conventional CIO role starting in 2005. 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. Salary: $491,439Bonus: $251,458Stock and options: $1,930,658Other: $25,262Total: $2,698,817. 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. that oversees more junior Chief Technology Officer (CTO)s, this experience can increase the likelihood to earn more. 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. Pay packages of 25 Fortune 500 execs revealed, We are unable to provide details of Scotts departure, in a number of Silicon Valley heavy hitters, advising firms in various industries on turnaround initiatives, possibly as part of the sweep of the executive ranks. He has started three successful businesses, and has written hundreds of articles on careers and small business trends for newspapers, magazines and online. 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 public energy sector was the second-highest-paying . Ray has worked as for the better part of two decades as an executive in the wireless telephony industry, starting as network vice president at Pacific Bell Mobile Services (one of the ancestors of AT&T Mobility) in 1996 before jumping ship to VoiceStream (which later became T-Mobile) in 2000. Search more salaries here: CTO Salaries with a High School Diploma or Technical Certificate, CTO Salaries with a Master's Degree or MBA, CTO Salaries with a JD, MD, PhD or Equivalent, Detailed skills and competency reports for specific positions. The CTO manages a business unit, division, or corporate function with major organizational impact. Keith Rohland made a jump from finance to food when he moved to his current company from Citigroup in 2011. Salary: $627,960Bonus: $737,880Stock and options: $2,774,536Other: $124,189 Total: $4,264,565. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. 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. 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. In Fortune 500 companies, the ratio ranges from 2 to 1 to almost 5,000 to 1. Benioff founded Salesforce in 1999, adopting the marketing slogan "The End of Software." But JCPenney was on hard times, and by the end of 2015 Laverty left the company. - 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. 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. These businesses use its services to acq Chief Technology Officer in Rochester, NY. Lene Skovbjerg's Estimated Salary Range. The data presented on this page does not represent the view of Fortune 500 and its employees or that of Zippia. 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). Apple ranks 3 on the Fortune 500. Fortune 500 employees in different sectors tend to have different salaries as well. Compensation for CEOs and other C-level executives varies from one business sector to another. Jobs with a similar salary range to CTO : On the average, compensation among current female CEOs is approximately $10.8 million which is not too different from Fortune 500 average of $12 million. After Musk, the 10 most highly compensated Fortune 500 CEOs of 2021 are all tech and biotech CEOs, including the heads of Apple, Netflix, and Microsoft. He came to Sysco in 2012 after serving as CIO at Supervalu and Cadbury Schwepps. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Salary: $694,773Bonus: $696,851Stock and options: $1,552,317Other: $57,816Total: $3,001,757. . How much does a Chief Technology Officer (CTO) in United States make? . Cindy Earharts career at Norfolk Southern has spanned more than 30 years, and has straddled a number of silos: shes been in accounting and IT positions, and was VP of HR and Executive VP of Administration. However, SAP CTO Quentin Clark said there many important decisions that shouldn't be made on the first day.

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