When expanded it provides a list of search options that will switch the search inputs to match the current selection. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. CFOs for private companies with $21-$99MM in annual revenue make an average of $237,983 in base salary. AP News: CEO Pay Has Topped $12.3m. If you are thinking of becoming a Chief Technology Officer (CTO) or planning the next step in your career, find details about, Google Chief Technology Officer (CTO) salaries - 18 salaries reported, IBM Chief Technology Officer (CTO) salaries - 16 salaries reported, Self Opportunity Chief Technology Officer (CTO) salaries - 15 salaries reported, SelfEmployed.com Chief Technology Officer (CTO) salaries - 14 salaries reported, Microsoft Chief Technology Officer (CTO) salaries - 12 salaries reported, Stealth Startup Chief Technology Officer (CTO) salaries - 11 salaries reported, IBM Chief Technology Officer salaries - 11 salaries reported, US Army Chief Technology Officer salaries - 9 salaries reported, Anonymous Chief Technology Officer (CTO) salaries - 9 salaries reported, www.undercovertourist.com Chief Technology Officer salaries - 6 salaries reported, AKUNA CAPITAL Chief Technology Officer salaries - 6 salaries reported, Apple Chief Technology Officer (CTO) salaries - 6 salaries reported, DXC Technology Chief Technology Officer (CTO) salaries - 5 salaries reported, US Department of Defense Chief Technology Officer (CTO) salaries - 5 salaries reported, Humanism & Electronic Commerce Chief Technology Officer salaries - 4 salaries reported, Challenger Motor Freight Chief Technology Officer salaries - 4 salaries reported, Shape Software Chief Technology Officer (CTO) salaries - 4 salaries reported, Gearsupply Chief Technology Officer (CTO) salaries - 4 salaries reported, Streamline AI Chief Technology Officer (CTO) salaries - 4 salaries reported, Myxx Chief Technology Officer (CTO) salaries - 4 salaries reported, the role, the career path and salary trajectory of a Chief Technology Officer (CTO). Find out the highest paying jobs at Fortune 500 and salaries by location, department, and level. 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. Fallon, NV, Custom Computer Specialists - Many of Nadella's peers likely believe he deserves a huge payday. Chief Technology Officer in Wilmington, DE. Establishes overall direction and strategic initiatives for the given major function or line of business. 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. Trusted by 400K users from 76% of Fortune 500 companies. Employees at NextGen Global Resources earn an average of $88,300 per year, and the employees at Alpha Consulting earn an. Chief Technology Officer CTO; Chief Marketing Officer CMO; Chief Human . Mattel had the highest ratio of 4,977 to 1. Vice President Technology, Salary estimation for Chief Technology Officer at companies like : New York. The company faced challenges because of the global chip shortage, but successfully began manufacturing the equipment in-house. How much does a Chief Technology Officer (CTO) in United States make? 31% of senior roles are held by women in the U.S. . How Much Money Do Oil Refinery Workers Make? 1. Revenue rose 24.7% percent in 2021. This is the second year in a row hes been on our list, and a boost in his bonus means a better showing overall. Average salary for DXC Technology Director in Hurst, England: [salary]. (Copyright 2023 Salary.com), Employers: Job Description Management Tool. 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. Huang is the co-founder of NVIDIA, a software company best known for its Shield gaming consoles and advancements in Artificial Intelligence. Leadville, CO. At Foot Locker, hes responsible for both outward and inward facing tech, ranging from CRM and supply chain to channel customer experience. 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. For a real-time salary target, tell us more about your role in the four categories below. For example, the average CTO salary in New York City is $154,405 per year , which is significantly higher than the national average. In December 2021, Oracle announced a $28 billion deal to acquire electronic health records company Cerner; as of May 2022, that deal was still under regulatory review in the U.S. and Europe. Average Development Dimensions International Salary, Average Hyperion Materials & Technologies Salary. Growth: setting goals creating plans for growth for the company, in coordination with the board of directors, and then implementing those plans. 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. Hastings is the co-founder, CEO, and chairman of the streaming giant. Now, a quarter-century after the first CISO emerged, every one . The USIS segment provides consumer reports, risk scores, and analytical and decisioning services for businesses. 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. Mark Zuckerberg (Facebook) takes a dollar token salary. http://blogs.wsj.com/cio/2016/09/12/small-data-what-fortune-500-cios-get-paid/. The employee data is based on information from people who have self-reported their past or current employments at Fortune 500. CTO (Chief Technology Officer) salaries are based on responses gathered by Built In NYC from anonymous CTO (Chief Technology Officer) employees in New York. Tim Cook (Apple) makes $3 million/yr. 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. . Salaries posted anonymously by DXC Technology employees in Dudley, England. Each group significantly undershot the actual median salary of CEOs at Fortune 500 companies, which is currently around $10.3 million. They also rank higher than the vice president and many times, the Managing Director. Fortune 500 employees earn an average salary of $57,126 in 2023, with a range from $28,000 to $114,000. Salary ranges can vary widely depending on many important factors, including education , certifications, additional skills, the number of years you have spent in your profession. A healthy stock grant boosted him onto our list for the first time. 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 Catz was a banker before she joined Oracle as a Senior Vice President in 1999. Philip Fasano worked in the IT departments for a number of financial services companies over his career, including Capital One Financial, JP Morgan Chase, and Deutsche Financial Services, before moving to the HMO Kaiser Permanente to take on the EVP and CIO role. Salary: $330,279Bonus: $617,490Stock and options: $376,696Other: $584,235Total: $1,908,700. CTO (Chief Technology Officer) salaries are based on responses gathered by Built In Seattle from anonymous CTO (Chief Technology Officer) employees in Seattle. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Companies with revenues between $1 billion and $2.5 billion had the largest increase of TTC (5%). Revenue rose 89.1% in 2021, driven by the company's REGEN-COV antibody treatment for prevention and treatment of COVID-19. Where your job is located and the cost of living in your area may also impact your salary. 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. The company has recently cut costs after losing subscribers as the world re-opens after the pandemic. 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. El Paso, TX, gpac - Kotick became CEO of Activision in 1991. Salary: $533,300Bonus: $524,400Stocks and options: $1,418,400Other: $55,900Total: $2,532,000. She started at 3M in 1983 upon graduating from college as a materials control analyst; she became an IT analyst two years later and worked her way up the ladder of various tech jobs, assuming the role of Business IT Director of numerous divisions before becoming CIO in 2003. Bend, OR, Addison Group - By Zippia Team - Sep. 28, 2022 The average salary of a Fortune 500 CEO is $15.9 million per year. 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. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. Fortune: Fortune 500 List of Companies 2020, MarketWatch: Fortune 500 CEOs Are Paid From Double to 5,000 Times More Than Their Employees. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. The company operates in three segments: U.S. Information Services (USIS), International, and Consumer Interactive. Has acquired the business acumen and leadership experience to become a top function or division head. This year, Nadella was voted the most underrated CEO for the sixth consecutive year, according to the survey behind Fortunes Worlds Most Admired Companies. Skills associated with Chief Technology Officer: on a scholarship before entering the business world. For a real-time salary target, tell us more about your role in the four categories below. After a stint as a CIO at Dell, she moved to Biogen in 2014, where her task was to address the mismatch between the structure of the companys existing technology organization and the business goals of the CEO. 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. Consumer defense, for example surged by nearly 10 percent between 2018 and 2019. The average Fortune 500 CIO receives $2.6 million in compensation, a significant increase over 2015's $1.9 million. How much does a Chief Technology Officer make in the United States? The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. 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. How much money do people make at their job? 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. He came to Sysco in 2012 after serving as CIO at Supervalu and Cadbury Schwepps. Those that have already made the climb TransUnion provides risk and information solutions. The Standard & Poor (S&P) 500 is a list of the top 500 companies listed on U.S. stock exchanges, and while it's not exactly the same, the majority of Fortune 500 companies are also on the S&P 500 list. The city with the highest average salary is Merced, CA, where employees earn an average salary of $67,434. 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. Public health care firms paid compliance chiefs an average of nearly $550,000 in total compensation last year, more than any other industry. Step 4: Dont Be the First to Name a Price. 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. Average Tenure. 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 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. 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. The average Director - IT Service Delivery salary in Harleysville, PA is $143,361 as of , but the salary range typically falls between $114,117 and $162,489. Step 3: Remember That Executive Compensation Is Not Only About Salary. A healthy bonus put him high on our list for this year. Women receive a salary of $66,900 USD. Netflix ranked 115 on the Fortune 500, with an 18.8% change in revenue. The average Fortune 500 salary ranges from approximately $82,783 per year for Senior Technical Recruiter to $170,647 per year for Full Stack Developer. Users complain about glitches and employees say they are stretched thin, but the site largely keeps running. The average ratio between CEO and worker pay in the U.S. is 339 to one, according to MarketWatch. 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,. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc, Construction, Repair & Maintenance Services, Anonymously share your pay to help the community. Hjelm in on our list for the second year in a row, and a sizable bonus sends him further towards the top. The Chief Technology Officer manages a business unit, division, or corporate function with major organizational impact. 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. Fasano is currently the CEO of Bay Advisors, LLC. Smith - Jobs with a similar salary range to CTO : This means that half earned more than this figure, while half earned less. AVANTI Wind Systems A/S . 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. Activision Blizzard CEO Bobby Kotick earned $296.7 million last year, according to our calculations, from the value realized on vested restricted stock. Being a CTO establishes technology standards and communicates technical information to the organization. Your input helps Glassdoor refine our pay estimates over time. Fortune 500 employees in different sectors tend to have different salaries as well. In 2022, the overall salary increase of employee groups stood at 10.6%. Apple declined to comment on Fortune's analysis. Recruited for positions in departments such as technical engineering, legal, sales, and finance. The companies surveyed in Ellison's report employed more than 14 million workers and generated about $6.3 trillion in profit. Fortune magazine ranks companies by their total revenues each year. publications including About.com, Re/Max and American Express. Based on our analysis, the employees in finance earn salaries at Fortune 500 that are well above average, with yearly earnings averaging $91,070. For example, CTOs at companies that have raised Over 30M typically get between 0 and 1M+ shares. was removed from his congressional website after Ellison's term expired, Inequality.org quickly made the full document available on its website. Recent CTO (Chief Technology Officer) salaries in San Francisco $170,000 Yearly Salary A CTO (Chief Technology Officer) reported a yearly salary of $170,000 with +$30,000 in additional cash compensation 7+ Years of Experience Male 51-200 Employees San Francisco 5-10 Reports $236,667 Yearly Salary 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 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. The company ranked 134 on this year's Fortune 500. 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