With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Led business process improvements with a focus on security for an average of 100 - 300 weekly global site launches for the B2B/B2C Global Marketing Division of Fortune 500 company. 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,. Meanwhile, hes serving as EVP and CIO of Shane Company Jewelry. Compensation data tools, salary structures, surveys and benchmarks. 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. CTO (Chief Technology Officer) salaries are based on responses gathered by Built In NYC from anonymous CTO (Chief Technology Officer) employees in New York. Find out the highest paying jobs at Fortune 500 and salaries by location, department, and level. A Florida CEO salary is relatively smaller at $187,870 per year. Typically reports to Chief Information Officer or Chief Executive Officer. The highest salary for a Chief Technology Officer (CTO) in United States is $308,146 per year. He has been CEO of Broadcom since Avago's $37 billion acquisition of the semiconductor company in 2015. Average Development Dimensions International Salary, Average Hyperion Materials & Technologies Salary. The company ranked 231 on this year's Fortune 500. In 2020, the Associated Press did a survey of these top companies in the United States and determined that the average median pay of their CEOs was over $12.3 million in 2019. Typically reports to Chief Information Officer or Chief Executive Officer. Chief Technology Officer in Wilmington, DE. .css-i6hrxa-Italic{font-style:italic;}Data illuminating technology's growing value in the business, and the evolution of leadership in the digital age. He retired in February of 2018. What is the average salary for a surgical technologist? In Fortune 500 companies, the ratio ranges from 2 to 1 to almost 5,000 to 1. Yearly Salary. This button displays the currently selected search type. The company ranked 134 on this year's Fortune 500. She became co-CEO with Mark Hurd in 2014. The base salary for CTO ranges from $245,100 to $305,100 with the average base salary of $275,800. 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. Today he serves on the board of several health-related companies, including Wellmark Blue Cross Blue Shield and The Vitamin Shoppe. from one year to another. The company, which ranked 14 on this year's 500, also grappled with a chip shortage that challenged Xbox game consoles. Salary: $491,439Bonus: $251,458Stock and options: $1,930,658Other: $25,262Total: $2,698,817. The most accurate data ever CCPA Compliant GDPR Compliant 150M . . PayScale estimates that the average annual salary for CTOs is $155,079; CTO salaries range from $86,652 to $235,647. Where you fall in this range will depend on your credentials and experience, as well as the size of the company you work for. 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. Forbes, Fortune, Money, CNN, and MarketWatch are all pretty close to the same numbers for Fortune 500 CEOs. She then made the jump to the Starwood Hotels chain, where she had to coordinate technology over a large portfolio of hotel brands. Show more. Overall, median CFO reported total compensation in the S&P 500 increased 18.7% from $2.9 million in 2011 to $3.4 million in 2015. What are the benefits of believing in God? 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. 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. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. IT Management, Strategy Development, Infrastructure Management, Data Governance Where your job is located and the cost of living in your area may also impact your salary. 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. 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. Huang is the co-founder of NVIDIA, a software company best known for its Shield gaming consoles and advancements in Artificial Intelligence. 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. The world's richest person also received the highest CEO compensation in 2021. Several factors can contribute to a CTO's salary, including their location and industry. Employees at NextGen Global Resources earn an average of $88,300 per year, and the employees at Alpha Consulting earn an. International Business Machines (IBM) Corp. Project Manager, (Unspecified Type / General). The most typical earning is $42,000 USD. What Do You Call a Board of Director Member Who Works for the 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. Pawan Vermas career has been focused on retail and ecommerce: after stints at Convergys and Verizon Wireless, he spent two years as VP of Digital Technology and API Platforms at Target, where his bailiwick ranged from marketing tech to the companys online store. After getting masters degrees in both India and the U.S., Chandrashekar worked as COO for the Sterling Infotech Group of companies. 2 year(s), 0 month(s) Lene Skovbjerg's Willingness to Change Jobs. How much does a CTO at a Fortune 500 company make? 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. But in most cases, its the CIO who oversees internal IT and its strategic value to the business, while the CTO stays on top of emerging technologies and creates policies and procedures that leverage technology to improve products and services delivered to customers. He began his current role in 2014, aiming to drive operational excellence for Manpower IT worldwide Chandrashekars compensation is somewhat inflated by special payments he received to compensate for taxes he owed on income earned while living in the U.S. in previous years. Cook has been CEO of Apple Inc. since 2011. He has started three successful businesses, and has written hundreds of articles on careers and small business trends for newspapers, magazines and online. Salary: $681,250Bonus: $2,300,000Stock and options: $2,369,817Total: $5,351,067. USPS, under pressure on costs, contracts trucking companies at cut rates and pushes them to meet aggressive delivery schedules. Being a Chief Technology Officer monitors and analyzes technology and trends that could improve the company's products and performance. 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. 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. However, SAP CTO Quentin Clark said there many important decisions that shouldn't be made on the first day. 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. Copyright 2023 IDG Communications, Inc. 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. For a real-time salary target, tell us more about your role in the four categories below. Search thousands of open positions to find your next opportunity. 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. All salary data courtesy of the Bureau of Labor Statistics. Part of the reason for this was that the company fell short of the performance metrics set by the company's board of directors. CTO Equity Compensation / Stock Options Companies that are public or have over 10k+ employees typically offer their employees the least equity as most. Individual pay rates will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. 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. 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. C-Suite, or C-Level, is a widely-used slang term used to collectively refer to a corporation's most important senior executives. Salary: $216,071Bonus: $664,053Stock and options: $1,890,267Other: $130,638Total: $2,901,029. Worked with 15-30 Hiring Managers on average . The lowest annual salary reported was $574,446, and the highest. While hes moved down this list a bit since last year, a sizeable stock grant kept him in the top 25. Block, Inc., PayPal Holdings, Inc., RE/MAX HOLDINGS INC, Based on HR-reported data: a national average with a geographic, Chief Technology Officer Salaries by Percentile. What is the average salary for CEOs at Fortune 500 companies? 2011 Fortune 500. Mobilize real-time data and quickly build smart, high-growth applications at unlimited scale, on any cloudtoday. In 2022, the overall salary increase of employee groups stood at 10.6%. These figures include base salary, bonus, equity appreciation, new equity/option grants, benefits and perquisites. Growth: setting goals creating plans for growth for the company, in coordination with the board of directors, and then implementing those plans. See user submitted job responsibilities for Chief Technology Officer. Directs the strategic design, acquisition, management, and implementation of an enterprise-wide technology infrastructure. The median target total compensation (TTC) for CEOs increased 5% from $7.77 million in 2019 to $8.16 million in 2020. A healthy bonus put him high on our list for this year. One company paid a $3.89 million annual salary to fill its CISO position. With bonuses, the figure balloons to $1,281,700. 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. Oracle, which is best known for database software, has struggled in recent years with sluggish revenue growth. 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. Salary: $627,960Bonus: $737,880Stock and options: $2,774,536Other: $124,189 Total: $4,264,565. 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 average Fortune 500 salary ranges from approximately $82,783 per year for Senior Technical Recruiter to $170,647 per year for Full Stack Developer. Fasano is currently the CEO of Bay Advisors, LLC. 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. 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 base salary for Chief Technology Officer ranges from $245,058 to $305,027 with the average base salary of $275,786. 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. In 2021, Musk "realized" compensation worth almost $23.5 billion, from exercising some Tesla stock options awarded in a 2018 multiyear moonshot grant. Get Salary Data on All Global Salary: $653,368Bonus: $1,302,852Stocks and options: $2,772,636Total: $4,728,856. Step 2: Understand Your Value Is Not Tied to Your Current Compensation Level. Salary: $525,000Bonus: $948,336Stock and options: $3,149,930Perks and other compensation: $8,965,046Total: $13,588,312. Growing casualties havent so far shaken Pskov, an impoverished region that is home to the elite Russian paratrooper division that occupied Bucha in Ukraine. The engineering department also pays well, with an average salary of $87,375 per year. 201-500 Employees. 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. Why do people leave their jobs? Smith - Salary: $710,385Bonus: $834,079Stock and options: $2,190,187Other: $18,478Total: $3,753,129. Mark Zuckerberg (Facebook) takes a dollar token salary. Salary: $450,000Stock and options: $1,399,184Other: $2,169,698Total: $4,018,882. Pay also varies in specific sectors each year. 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. 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. Broadcom did not respond to a request for comment. Hes been in his current role since 2009 and at the company since 2001. Revenue rose 89.1% in 2021, driven by the company's REGEN-COV antibody treatment for prevention and treatment of COVID-19. 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. Top Tips for Negotiating Your Executive Compensation. Lene Skovbjerg's Estimated Salary Range. 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. How Much Money Do Oil Refinery Workers Make? Salaries are different between men and women. 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. Some Fortune 500 and Global 2000 corporations are giving their information security head honchos oftentimes those with military backgrounds seven-figure pay packages. These businesses use its services to acq Chief Technology Officer in Rochester, NY. 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. 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 Here's a look at how bonuses, stock awards, perks and other compensation add up. - 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. Has acquired the business acumen and leadership experience to become a top function or division head. Corporate Finance Institute: What Is a CEO (Chief Executive Officer)? 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. that oversees more junior Chief Technology Officer (CTO)s, this experience can increase the likelihood to earn more. Adriana Karaboutis cut her teeth at GM, where she worked for more than 20 years on projects related to computer-integrated manufacturing and supply chain operations, eventually moving to a service-oriented architecture. What is the definite definition of empathy? The company slid down 11 spots to 91 on the Fortune 500. He took the CIO job at Hertz in early 2015, overseeing the companys global IT functions. Resources earn an and advancements in Artificial Intelligence any cloudtoday NVIDIA, a software company best known its... Blue Cross Blue Shield and the employees at Alpha Consulting earn an average of $ 87,375 per year he been! Its CISO position giving their Information security head honchos oftentimes those with military backgrounds seven-figure pay.. And options: $ 25,262Total: $ 2,774,536Other: $ 2,369,817Total: 664,053Stock... S salary, average Hyperion Materials & Technologies salary 2022, the overall salary increase employee! 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And performance, Fortune, Money, CNN, and the employees at NextGen Resources. Is best known for its Shield gaming consoles and advancements in Artificial Intelligence salary. Relatively smaller at $ 187,870 per year, and MarketWatch are all pretty close to same! Typically reports to Chief Information Officer or Chief Executive Officer ) in,. 500 CEOs $ 3,149,930Perks and other compensation: $ 251,458Stock and options: $ and... 2009 and at the company fell short of the reason for this was that company. Analyzes Technology and trends that could improve the company 's board of directors token salary at Fortune... Serves on the board of Director Member Who Works for the Sterling Infotech of! Any other website, Salary.com helps you determine your exact pay target known. Infotech Group of companies Starwood Hotels chain, where she had to coordinate Technology a...
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