How much does a CIO of a Fortune 500 company make?

How much does a CIO of a Fortune 500 company make?

The average base salary for a Fortune 500 CIO is $512,800, according to a market trends review by executive recruiter and consulting firm Korn/Ferry International. The average total compensation is $1.46 million.

How much equity should a CIO get?

For example, Chief Information Officers at companies that have raised Over 30M typically get between 0 and 250K+/yr shares. However, smaller companies that have raised Under 1M are more generous with their stock compensation as it ranges between . 1 and 4%+ for Chief Information Officers.

How high up is a CIO?

Chief information officer (CIO), chief digital information officer (CDIO) or information technology (IT) director, is a job title commonly given to the most senior executive in an enterprise who works with information technology and computer systems, in order to support enterprise goals.

How much should a startup CEO pay himself?

During COVID, the average startup CEO salary dipped 2% to $139,000, but bounced back to $146,000 at the beginning of 2021. The 2021 number is 5% higher than the typical Chief Executive Officer pay at an early-stage company in 2020, and so macro trend of CEO compensation rising over time continues.

How much does a CIO cost?

Full-time CIOs are expensive – according to recent surveys, up to $300,000 per year in salary alone. Of course, the experience of the CIO and where they work will affect the salary, but a full-time CIO will never come cheap.

What degree does a CIO need?

Education. There is no specific education required for a chief information officer. However, most companies prefer their executives to have graduate degrees. Many CIOs have earned an MBA with a focus in a subject like information technology management.

What is the career path of a CIO?

The career path to becoming a CIO generally involves earning an undergraduate degree in computer science or a related subject. Individuals gain experience in entry-level positions and move up to management positions in an organization. The position of chief technology officer (CTO) is considered slightly below CIO.

What degree should a CIO have?

Common education requirements for becoming a CIO include a bachelor’s degree in computer science, software engineering, information systems or a related field, and often a master’s degree in business administration or information technology.

Who gets paid most in C suite?

All Hail the Chief(s)!

• 1) Chief Executive Officer (CEO) Median Annual Salary: $754,713.
• 2) Chief Operating Officer (COO)
• 3) Chief Financial Officer (CFO)
• 4) Chief Information Technology Officer (CITO)
• 5) Chief Technology Officer (CTO)
• 6) Chief Marketing Officer (CMO)
• 7) Chief Information Security Officer (CISO)

Why do CFO get paid so much?

Company Details: Publicly traded companies usually pay their CFOs more money (up to $50,000 more per year), because the job requires more reporting and shareholder relations. Larger companies tend to pay more, as do those in financial and global markets.