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. Like many execs on this list, Stevens wears multiple hats, responsible not just for IT at CDW but for the companys distribution centers, transportation facilities and customer relations as well. Salary: $601,675Bonus: $772,933Stock and options: $1,318,029Other: $45,730Total: $2,738,367. These figures include base salary, bonus, equity appreciation, new equity/option grants, benefits and perquisites. The Glassdoor community relies on people like you to share accurate salary info to promote fair compensation everywhere. Hastings is the co-founder, CEO, and chairman of the streaming giant. Here are the details on the latest pay packages for which theres information, mostly from 2016, organized from lowest to highest paid. 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.". The world's richest person also received the highest CEO compensation in 2021. Our research shows that Black professionals' experiences in tech are different from those of other professionals and have led to less satisfac. 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. Average salary for DXC Technology Director in Hurst, England: [salary]. average cto salary fortune 500 (719) 280-0021. She reached the EVP level in 2007, but like several other entrants in this list, she manages to be one of the top paid tech executives despite having retired several years ago. Revenue rose 89.1% in 2021, driven by the company's REGEN-COV antibody treatment for prevention and treatment of COVID-19. 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. 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. He took the CIO job at Hertz in early 2015, overseeing the companys global IT functions. The estimated additional pay is $105,280 per year. Instead, the CEO of a Fortune 500 company is primarily concerned with the "big picture," which the Corporate Finance Institute describes as managing the company's managers while developing and overseeing the execution of long-term strategies. How much does a CTO Startup make in California? Some CEOs would have earned more than her, but just like sport stars, first-year CEOs usually get hefty signing bonuses. 2011 Fortune 500. Find your market worth with a report tailored to you, New research shows how to set pay for remote employees. Now, a quarter-century after the first CISO emerged, every one . Where your job is located and the cost of living in your area may also impact your salary. Matt Carey has worked at Home Depot for nearly a decade and oversees all aspects of IT infrastructure and software development for its sprawling network of stores and distribution centers, as well as the corporate website and supply chain. Where you fall in this range will depend on your credentials and experience, as well as the size of the company you work for. Additionally, Chief Technology Officer typically requires an advanced degree in Computer Science or Engineering. 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. Continue reading your article witha WSJ subscription, Already a member? Revenue rose 24.7% percent in 2021. This is the equivalent of $2,724/week or $11,802/month. Salaries are different between men and women. What is the average salary for a CT Tech? Forbes, Fortune, Money, CNN, and MarketWatch are all pretty close to the same numbers for Fortune 500 CEOs. The estimated additional pay is $58,887 per year. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Has acquired the business acumen and leadership experience to become a top function or division head. Bend, OR, Addison Group - For companies with revenue below $10 million, median CEO total direct compensation is $200,000. 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. Some big news today: CVS Health will acquire Oak Street Health, a leading value-based primary care company helping older adults stay healthy and live life more 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,. Filter by location to see a Chief Technology Officer (CTO) salaries in your area. 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. Average Fortune 500 hourly pay ranges from approximately $14.97 per hour for Customer Engineer to $17.89 per hour for Field Service Technician. Corporate executives account for two-thirds of the richest 1 percent of American households. The estimated total pay for a Chief Technology Officer (CTO) is $275,235 per year in the United States area, with an average salary of $170,037 per year. 25+ search types; Win/Lin/Mac SDK; hundreds of reviews; full evaluations. 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. That works out to $27.46 per hour at Fortune 500, compared to $27.25 per hour at Ascent Group. The company ranked 134 on this year's Fortune 500. In 2021, Musk "realized" compensation worth almost $23.5 billion, from exercising some Tesla stock options awarded in a 2018 multiyear moonshot grant. Companies with revenues between $1 billion and $2.5 billion had the largest increase of TTC (5%). Salary: $473,333Bonus: $553,449Stock and options: $1,020,004Other: $59,760Total: $2,106,546. The average ratio between CEO and worker pay in the U.S. is 339 to one, according to MarketWatch. InSights Blog. 1. Salary.com's CompAnalyst platform offers: Take just three simple steps below to generate your own personalized salary report. At Foot Locker, hes responsible for both outward and inward facing tech, ranging from CRM and supply chain to channel customer experience. 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. 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. USPS, under pressure on costs, contracts trucking companies at cut rates and pushes them to meet aggressive delivery schedules. .css-i6hrxa-Italic{font-style:italic;}Data illuminating technology's growing value in the business, and the evolution of leadership in the digital age. This is the second year in a row hes been on our list, and a boost in his bonus means a better showing overall. C-Suite gets its name from the titles of top senior executives . Management: directing and overseeing the work of other executives, directors, presidents and vice-presidents of the company. $320,000. AVANTI Wind Systems A/S . 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. Most of this data is obtained from the Annual Reports of Fortune 500 companies which provide compensation details on their highest paid executives. Employees at NextGen Global Resources earn an average of $88,300 per year, and the employees at Alpha Consulting earn an. AP News: CEO Pay Has Topped $12.3m. Monitors and analyzes technology and trends that could improve the company's products and performance. Thats a piece of information that everyone wants to know about everybody elseand isnt eager to share themselves. on a scholarship before entering the business world. The lowest salary for a Chief Technology Officer (CTO) in United States is $98,606 per 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. DXC Technology Salaries trends. Here's a look at how bonuses, stock awards, perks and other compensation add up. 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. 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 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. 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. Salary.com also found that when it comes to salary percentage increases, the. CIO Stats: Average Fortune 500 CIO Compensation Tops $1.4 Million, Korn/Ferry Says - WSJ U.S. 10 Yr Crude Oil Yen DJIA Print Edition Latin America U.S. Central Banking Private Equity Art &. 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. Establishes overall direction and strategic initiatives for the given major function or line of business. Third Annual Edition of the CISO 500. Fortune 500 employees earn an average salary of $57,126 in 2023, with a range from $28,000 to $114,000. (Copyright 2023 Salary.com) View full job description, Employers: Job Description Management Tool. An early career Chief Technology Officer (CTO) with 1-4 years of experience earns an average total compensation of $121,686 Read more. The list includes only companies that are incorporated in the U.S., that operate in the U.S. and that report their finances to the federal government or a state government. What are the benefits of believing in God? salary. The highest-paid Fortune 500 CEO is Elon Musk. Not the job you're looking for? Dave Barnes is a true UPS company man, starting off in 1977 as a package loader and using his wide knowledge of what the company doesranging from operations, to industrial engineering, to finance, to information technologyto rise through the ranks as UPS went worldwide in the 80s and 90s. CTO (Chief Technology Officer) salaries are based on responses gathered by Built In NYC from anonymous CTO (Chief Technology Officer) employees in New York. More, Recently searched related titles: Clients are typically $50 million in revenue to Fortune 1000's or have assets between $500 million to $15 billion. Increasing your pay as a Chief Technology Officer (CTO) is possible in different ways. 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. The average private company CEO total compensation package for 2017 was $2,213,679, but the median was a more modest $350,622. The amount you earn as a CTO may vary based on your education level, work experience and skill set. Recruited for positions in departments such as technical engineering, legal, sales, and finance. The data presented on this page does not represent the view of Fortune 500 and its employees or that of Zippia. How Much Money Do Oil Refinery Workers Make? How much does a CTO make in the United States? Search thousands of open positions to find your next opportunity. Customer service is the second-lowest paying organizational function at Fortune 500, where the workers earn $37,650 per year. Fortune 500 may also be known as or be related to Fortune 500 and Fortune 500 Inc. No, the pay is not good at Fortune 500. She noted that Kotick had reduced his salary to $62,500 last year, and praised his 31-year tenure for making Activision one of the most successful global gaming com- panies in the world.. 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. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? The estimated total pay for a CTO is $259,880 per year in the United States area, with an average salary of $164,312 per year. At MetLife, his role spans both customer-facing tech and internal operations and security, and hes in charge of planning digital strategy as well. Find out the highest paying jobs at Fortune 500 and salaries by location, department, and level. This button displays the currently selected search type. Salary: $694,773Bonus: $696,851Stock and options: $1,552,317Other: $57,816Total: $3,001,757. This is usually the highest position related to technology within a company. The program seeks to attract small and medium-size businesses by offering incentives to move their workloads to the cloud. Salary: $450,000Stock and options: $1,399,184Other: $2,169,698Total: $4,018,882. 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. The findings are of critical importance as the solar industry experiences unprecedented growth. In 2015 he jumped ship to join the executive team at Target, and currently has umbrella authority over most of that companys tech initiatives, from developing long-term tech roadmaps to overseeing the companys website and the in-store technology. The average Fortune 500 salary is $57,126. In an emailed statement, a spokesperson reiterated that Activision Blizzard had valued Kotick's "granted" (but not realized) compensation in 2021 at $826,549. Salesforce did not respond to a request for comment. The highest salary for a Chief Technology Officer (CTO) in United States is $308,146 per year. 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. 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. Step 3: Earn a Masters Degree (Optional). Being a CTO establishes technology standards and communicates technical information to the organization. He or she leads the efforts of the technology development within the company. Typically reports to Chief Information Officer or Chief Executive Officer. With bonuses, the figure balloons to $1,281,700. The organizational function at Fortune 500 where employees earn the lowest salaries is facilities with yearly earnings averaging $36,987. And hes managed to pull off a special feat: topping our list of high-paid tech execs for a job he left more than three years ago. Step 4: Dont Be the First to Name a Price. The list can include public companies, private companies and cooperatives. Women receive a salary of $66,900 USD. 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. The wages at VitalChek average higher than the other similar companies, where the median salary is $93,303 per year. Mattel had the highest ratio of 4,977 to 1. 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. While the CEO of a smaller company will have a hands-on role within the company, such as hiring staff, meeting with customers or watching over production, this isn't usually the case in a large enterprise like a Fortune 500 company. The estimated additional pay is $95,568 per year. The city with the highest average salary is Merced, CA, where employees earn an average salary of $67,434. The public energy sector was the second-highest-paying . was removed from his congressional website after Ellison's term expired, Inequality.org quickly made the full document available on its website. Trusted by 400K users from 76% of Fortune 500 companies. Your input helps Glassdoor refine our pay estimates over time. 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. This button displays the currently selected search type. http://blogs.wsj.com/cio/2016/09/12/small-data-what-fortune-500-cios-get-paid/. New York. They're hiring! Salary: $133,846Bonus: $2,188,165Stock and options: $5,265,820Other: $159,026Total: $7,746,857. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved, Final Early Bird Pricing! 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. Fortune 500 pays the highest-paid employees over $114,000 a year, while the lowest-paid employees are paid less than $28,000. 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. Get started by entering your email address below. All salary data courtesy of the Bureau of Labor Statistics.