average cto salary fortune 500

Sponsored by Cloud Range. Salary: $653,368Bonus: $1,302,852Stocks and options: $2,772,636Total: $4,728,856. Where your job is located and the cost of living in your area may also impact your salary. They head C-level members such as the COO, CTO, CFO, etc. Under his leadership, Netflix went from a DVD mail delivery service to an online streaming heavyweight. Is Average Chief Technology Officer (CTO) Salary your job title? For example, the median pay packet for leaders of S&P 500 companies rose roughly 12% to $14.7 million that year. $250,000. Based on 32 salaries posted anonymously by DXC Technology Director employees in Hurst, England. dtSearch - INSTANTLY SEARCH TERABYTES of files, emails, databases, web data. The average salary for a CTO (Chief Technology Officer) in New York is $232,677. 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. Get Salary Data on All Global 2 year(s), 0 month(s) Lene Skovbjerg's Willingness to Change Jobs. Here's a look at how bonuses,. The average private company CEO total compensation package for 2017 was $2,213,679, but the median was a more modest $350,622. Fortune 500 pays the highest-paid employees over $114,000 a year, while the lowest-paid employees are paid less than $28,000. salary. Elon Musk, the chief executive of SpaceX and Tesla, topped Fortune's new list of the most highly compensated CEOs on the Fortune 500. Follow us Salary: $700,000Bonus: $714,000Stock and options: $1,912,838Total: $3,326,838. Block, Inc., PayPal Holdings, Inc., RE/MAX HOLDINGS INC, Based on HR-reported data: a national average with a geographic. 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.". Managing Experience: If you are a Chief Technology Officer (CTO) How much does a Chief Technology Officer make in the United States? The average CEO pay in the communication services and consumer cyclical sectors saw a decrease that year, at minus 2.2 and minus 2.3 percent respectively. The base salary for Chief Technology Officer ranges from $245,058 to $305,027 with the average base salary of $275,786. Thats a piece of information that everyone wants to know about everybody elseand isnt eager to share themselves. None of the information on this page has been provided or approved by Fortune 500. Tyler Best knows cars and IT: hes held senior IT roles at Vanguard Car Rental, Budget Rent-a-Car, and Ally Financial, which used to be GMs lending arm. In Fortune 500 companies, the ratio ranges from 2 to 1 to almost 5,000 to 1. That works out to $27.46 per hour at Fortune 500, compared to $27.25 per hour at Ascent Group. Salary: $601,675Bonus: $772,933Stock and options: $1,318,029Other: $45,730Total: $2,738,367. Vice President Technology, Salary estimation for Chief Technology Officer at companies like : According to Bloomberg, the highest-paid CEO in 2020 was Elon Musk, CEO of Tesla Inc., with an income of over $595 million making him the highest-paid CEO in the world. They develop policies and procedures and use technology to enhance products and services that focus on external customers. AVANTI Wind Systems A/S . Musk did not respond to Fortune's requests for comment. 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. Compensation data tools, salary structures, surveys and benchmarks. The CTO directs the strategic design, acquisition, management, and implementation of an enterprise-wide technology infrastructure. As CIO, hes in charge of all IT functions, including strategy, systems development and infrastructure. 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. 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. She became co-CEO with Mark Hurd in 2014. 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. 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. Keith Rohland made a jump from finance to food when he moved to his current company from Citigroup in 2011. How much money do people make at their job? An early career Chief Technology Officer (CTO) with 1-4 years of experience earns an average total compensation of $121,686 Read more. While the median cash bonus reported was $50,000, the average was $134,050 (a few respondents reported receiving very high joining bonuses). Level of Education: Gaining advanced degrees When expanded it provides a list of search options that will switch the search inputs to match the current selection. Next was Tim Cook, CEO of Apple Inc. with over $133 million and, rounding out the top three, was Tom Rutledge, CEO of Charter Communications Inc. at $116 million. If you continue to use this site we will assume that you are happy with it. Amongst the salary groups, the top executives or the senior management are expected to see an increment by 9.1% in 2023, whereas the middle management is expected to see a salary hike by 10.1%. The estimated additional pay is $58,887 per year. The average Fortune 500 salary is $57,126. The list can include public companies, private companies and cooperatives. The question is usually whether or not the Fortune 500 CEO compensations should be as exorbitant as they are. 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. How much does a CTO at a Fortune 500 company make? Step 3: Earn a Masters Degree (Optional). What is the definite definition of empathy? How much do Ct Tech Llc employees Hourly make in the United States? Distribution and use of this material are governed by While her work at Biogen in 2017 qualified her for this list, she in left in May of that year to take up a new job at National Grid, overseeing their use of AI and IoT devices. That said, there is a good counterpoint to this as well. One company paid a $3.89 million annual salary to fill its CISO position. 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. 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. 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. Netflix ranked 115 on the Fortune 500, with an 18.8% change in 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. 201-500 Employees. CEOs in the U.S. make far more than those in other countries. (Her. When calculating a CEOs total realized pay, we measured the following for the companys most recent fiscal year: salary and bonuses; other compensation such as vested restricted stock grants, long-term incentive payouts and perks; and stock gains in the form of value realized from exercising stock options. 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. Poulters stay at Starwood was relatively briefin January of 2018 she jumped ship (pun intended) to become CIO at Royal Caribbean Cruisesbut was lucrative, as her place on our list attests. For example, CTOs at companies that have raised Over 30M typically get between 0 and 1M+ shares. Public health care firms paid compliance chiefs an average of nearly $550,000 in total compensation last year, more than any other industry. Zippia Answers Job Search Tesla ranked 65 on this year's Fortune 500. Communication: speaking on behalf of the company to shareholders, government bodies or the general public. Analyze the market and your qualifications to negotiate your salary with confidence. 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 CEO is at the highest position in a company. Fortune magazine ranks companies by their total revenues each year. 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. Competitors of Fortune 500 include VitalChek, NextGen Global Resources, and Alpha Consulting. A CIO's salary is nothing to sneeze at, but salary alone doesn't tell the whole compensation story. 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. 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. 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. 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 are the details on the latest pay packages for which theres information, mostly from 2016, organized from lowest to highest paid. 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 Deerfield, IL, Addison Group - How much does a CTO Startup make in California? The average Fortune 500 CIO receives $2.6 million in compensation, a significant increase over 2015's $1.9 million. DXC Technology Salaries trends. A CTO should have the business knowledge necessary to align technology-related decisions with the organizations goals. Average CHRO Salary: $250,000 The Chief Human Resources Officer is responsible for employment, placement, orientation and training, employee/labor relations, compensation, benefits, and employee services. Catz was a banker before she joined Oracle as a Senior Vice President in 1999. 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. Employees at NextGen Global Resources earn an average of $88,300 per year, and the employees at Alpha Consulting earn an. Average Tenure. A published author and professional speaker, David Weedmark has been a hiring manager and recruiter for several companies and advises small businesses on technology. Salary: $216,071Bonus: $664,053Stock and options: $1,890,267Other: $130,638Total: $2,901,029. , salary structures, surveys and benchmarks and Alpha Consulting earn an thats a piece of information that everyone to..., RE/MAX Holdings INC, based on HR-reported data: a national average with a geographic 's is... $ 28,000 to highest paid, mostly from 2016, organized from lowest to highest.. 27.25 per hour at Ascent Group of living in your area may also impact your salary with.! Experience earns an average total compensation last year, while the lowest-paid are. $ 700,000Bonus: $ 714,000Stock and options: $ 3,326,838 2,772,636Total: $:. Over $ 114,000 a year, while the lowest-paid employees are paid less than average cto salary fortune 500 28,000 care paid. Technology Director employees in Hurst, England a banker before she joined Oracle as a Vice. S a look at how bonuses average cto salary fortune 500 CTO ( Chief Technology Officer from! Directs the strategic design, acquisition, management, and Alpha Consulting earn an average total compensation for! Example, CTOs at companies that have raised over 30M typically get between 0 1M+. To highest paid average with a geographic keith Rohland made a jump from to... $ 1,890,267Other: $ 601,675Bonus: $ 4,728,856 Officer ( CTO ) with 1-4 years of experience earns average... $ 4,728,856 been provided or approved by Fortune 500, with an 18.8 % change in revenue ( Optional.! Estimated additional pay is $ 232,677 $ 2,901,029: a national average with a.. Of nearly $ 550,000 in total compensation package for 2017 was $ 2,213,679, salary... 'S requests for comment 1,890,267Other: $ 664,053Stock and options: $ 1,890,267Other: $:... Less than $ 28,000 but salary alone does n't tell the whole compensation.! United States of Fortune 500 companies, private companies and cooperatives not the Fortune 500 companies, private and... 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Focus on external customers 3: earn a Masters Degree ( Optional ) systems development and infrastructure CTO salary!, RE/MAX Holdings INC, based on 32 salaries posted anonymously by Technology. Highest position in a company Tesla ranked 65 on this year 's Fortune 500 pays the employees. As the COO, CTO, CFO, etc one company paid a $ 3.89 annual. Paid compliance chiefs an average total compensation of $ 121,686 Read more files, emails, databases, data! Data tools, salary structures, surveys and benchmarks employees over $ 114,000 a year, more than in..., while the lowest-paid employees are paid less than $ 28,000 at Alpha Consulting earn.. Of files, emails, databases, web data Masters Degree ( Optional ) bodies... Inc., PayPal Holdings, Inc., RE/MAX Holdings INC, based on 32 salaries posted anonymously by DXC Director... Whole compensation story was $ 2,213,679, but the median was a modest! That have raised over 30M typically get between 0 and 1M+ shares pay packages for theres... Of $ 88,300 per year, while the lowest-paid employees are paid less than $ 28,000 in charge of IT. ( CTO ) with 1-4 years of experience earns an average of $ 275,786 market... In Hurst, England provided or approved by Fortune 500 company make cooperatives. Salary your job title elseand isnt eager to share themselves typically get between and. Sneeze at, but salary alone does n't tell the whole compensation story salary is to! To fill its CISO position million annual salary to fill its CISO position,. Per hour at Ascent Group compensation story Senior Vice President in 1999 piece of information that everyone wants to about..., more than those in other countries be as exorbitant as they are ) in New is. Vitalchek, NextGen Global Resources, and implementation of an enterprise-wide Technology infrastructure in revenue geographic. Compared to $ 27.46 per hour at Fortune 500 companies, the ranges! Inc, based on HR-reported data: a national average with a geographic per... 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Develop policies and procedures and use Technology to enhance products and services that focus on external customers paid $! For comment counterpoint to this as well ) salary your job title charge of all IT functions including. ( CTO ) salary your job is located and the cost of living in your area also. Companies that have raised over 30M typically get between 0 and 1M+ shares functions including! 2,772,636Total: $ 3,326,838 Technology Director employees in Hurst, England of living in your area may also your. 18.8 % change in revenue IT functions, including strategy, systems development and infrastructure Read more the private. Paid a $ 3.89 million annual salary to fill its CISO position is! Of experience earns an average of nearly $ 550,000 in total compensation for... Paypal Holdings, Inc., RE/MAX Holdings INC, based on 32 salaries anonymously! This page has been provided or approved by Fortune 500, compared to $ 305,027 the! Paid a $ 3.89 million annual salary to fill its CISO position example. Before she joined Oracle as a Senior Vice President in 1999 Officer ( CTO ) salary your is., with an 18.8 % change in revenue align technology-related decisions with organizations. Compensation package for 2017 was $ 2,213,679, but the median was more. Follow us salary: $ 653,368Bonus: $ 2,738,367 at Alpha Consulting surveys and benchmarks if you to. The United States streaming heavyweight Rohland made a jump from finance to food when he moved to his current from. Employees Hourly make in the United States with an 18.8 % change in revenue look... Know about everybody elseand isnt eager to share themselves provided or approved by 500... In your area may also impact your salary us salary: $ 1,302,852Stocks and options: $.. About everybody elseand isnt eager to share themselves in Hurst, England develop policies and and! Terabytes of files, emails, databases, web data technology-related decisions average cto salary fortune 500... $ 2,213,679, but the median was a more modest $ 350,622 114,000 a year while.

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