Salary.com also found that when it comes to salary percentage increases, the. 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. IT Management, Strategy Development, Infrastructure Management, Data Governance Average Tenure. Deerfield, IL, Addison Group - With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. How much does a CTO make in the United States? InSights Blog. 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. Location has an effect on the earnings of employees at Fortune 500 too. Companies in a booming sector like health care tend to make more profit for their shareholders and can afford to pay their senior executives more. Is Average Chief Technology Officer (CTO) Salary your job title? Show more. The company slid down 11 spots to 91 on the Fortune 500. The junior management is expected to see a hike in the salary by 10.8%. 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. Data source: Craft Base salary makes up only 8% of total compensation. Corporate Finance Institute: What Is a CEO (Chief Executive Officer)? Average Dev + Engineer salaries in Chicago As CIO, hes in charge of all IT functions, including strategy, systems development and infrastructure. Individualize employee pay based on unique job requirements and personal qualifications. Individual pay rates will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. New York. Optimize your mainframe modernization journeywhile keeping things simple, and secure. Rasmus Norling served as CTO/CEO for Poly Shield Technologies and made a cool $81,845,000. Elon Musk, Tesla: $23.5 billion. 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. How Much Money Do Oil Refinery Workers Make? 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. 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. $320,000. Microsoft did not respond to a request for comment. Seattle. Berkshire Hathaway had the smallest ratio of 2 to 1, with CEO Warren Buffett earning only $100,000 that year, by far the lowest-paid CEO surveyed. Get the latest market price for benchmark jobs and jobs in your industry. Our research shows that Black professionals' experiences in tech are different from those of other professionals and have led to less satisfac. He retired in February of 2018. Of the Fortune 500 companies surveyed, about 84 percent paid their CEOs the equivalent of more than 100 of their workers, while 97 percent could pay a median-salaried employee for 45 years with the CEO's salary. Third Annual Edition of the CISO 500. After getting masters degrees in both India and the U.S., Chandrashekar worked as COO for the Sterling Infotech Group of companies. Salary: $533,300Bonus: $524,400Stocks and options: $1,418,400Other: $55,900Total: $2,532,000. The question is usually whether or not the Fortune 500 CEO compensations should be as exorbitant as they are. Now hes running the show, thanks in part to a keen understanding of how IT can, How much do CIOs really make? Pay also varies in specific sectors each year. Anyways, a lot of this depends on region; and, more importantly, whether this is a $5B/rev company or a $50B+/rev company. Activision Blizzard CEO Bobby Kotick earned $296.7 million last year, according to our calculations, from the value realized on vested restricted stock. The average salary for a CTO (Chief Technology Officer) in Seattle is $223,636. But when it comes to execs at big companies, we have a window: publicly traded corporations are required by law to disclose the compensation paid to their top execs. Each group significantly undershot the actual median salary of CEOs at Fortune 500 companies, which is currently around $10.3 million. A chief financial officer in the U.S. can expect to make anywhere from $130,000-$462,923 per year. Jeff Bezos (Amazon) makes $81K/yr. How to become a CTO Where you fall in this range will depend on your credentials and experience, as well as the size of the company you work for. 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 median target total compensation (TTC) for CEOs increased 5% from $7.77 million in 2019 to $8.16 million in 2020. 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. Fortune: Fortune 500 List of Companies 2020, MarketWatch: Fortune 500 CEOs Are Paid From Double to 5,000 Times More Than Their Employees. 2 year(s), 0 month(s) Lene Skovbjerg's Willingness to Change Jobs. 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. Executive Managing Director, Express Employment Professionals - Bend, OR, Addison Group - 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. Typically reports to Chief Information Officer or Chief Executive Officer. Here are the highest-paid CEOs. The city with the highest average salary is Merced, CA, where employees earn an average salary of $67,434. In 2019, the top 10 best-paying sectors for CEOs were: This can vary. (Copyright 2023 Salary.com), Employers: Job Description Management Tool. average cto salary fortune 500 (719) 280-0021. AP News: CEO Pay Has Topped $12.3m. Salary: $762,960Bonus: $385,793Stock and options: $1,568,014Other: $1,252,727Total: $3,969,494. How much does a Chief Technology Officer make in the United States? Users complain about glitches and employees say they are stretched thin, but the site largely keeps running. What are the benefits of believing in God? 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. This industry includes food companies like McDonalds and clothing companies like Gap and Kohls, according to Ellison's report. In 2012 he became SunTrusts CIO, where he worked to unify a siloed technology department. What is the average salary for a CT Tech? Some CEOs would have earned more than her, but just like sport stars, first-year CEOs usually get hefty signing bonuses. However, SAP CTO Quentin Clark said there many important decisions that shouldn't be made on the first day. Huang is the co-founder of NVIDIA, a software company best known for its Shield gaming consoles and advancements in Artificial Intelligence. Trusted by 400K users from 76% of Fortune 500 companies. 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). 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. For example, CTOs at companies that have raised Over 30M typically get between 0 and 1M+ shares. may allow this role to increase their income potential and qualify for promotions. 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. our Subscriber Agreement and by copyright law. Salaries posted anonymously by DXC Technology employees in Dudley, England. The most accurate data ever CCPA Compliant GDPR Compliant 150M . 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. Salary: $601,675Bonus: $772,933Stock and options: $1,318,029Other: $45,730Total: $2,738,367. Under his leadership, Netflix went from a DVD mail delivery service to an online streaming heavyweight. Salary: $1,038,462Bonus: $5,492,000Stock and options: $1,606,091Other: $261,436Total: $8,397,989. 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. As of Apr 22, 2022, the average annual pay for a CTO Startup in California is $141,628 an year. Mayor Lori Lightfoot, weighed down by fights with unions and a surge in crime, failed to qualify for a runoff electionfour years after winning all 50 of Chicagos wards. C-Suite, or C-Level, is a widely-used slang term used to collectively refer to a corporation's most important senior executives. Hauppauge, NY. Christa Terry March 23, 2020. 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. $10M to $100m to $3B revenue range, public company CFO salary by revenue. 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. While hes moved down this list a bit since last year, a sizeable stock grant kept him in the top 25. 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. Because the value of unexercised options is unpredictable, we did not consider them in our tabulation of total compensation. Meanwhile, the average U.S. worker saw a wage increase of $1,303 per year over the past decade, earning on average just $58,260 in 2021. paywatchMenu Paywatch Highest-Paid CEOs Company Pay Ratios Netflix also faces increased competition from streaming services. Salesforce did not respond to a request for comment. It Management, data Governance average Tenure job Description Management Tool, CA, where employees earn average! Artificial Intelligence anonymously by DXC Technology employees in Dudley, England year ( s ), month! Since last year, a sizeable stock grant kept him in the salary by revenue his leadership Netflix! Governance average Tenure Management is expected to see a hike in the United States companies like McDonalds and clothing like! Mail delivery service to an online streaming heavyweight employees earn an average for... Year, a sizeable stock grant kept him in the United States part to a keen understanding of it. 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