Keith Rohland made a jump from finance to food when he moved to his current company from Citigroup in 2011. Like many execs on this list, Stevens wears multiple hats, responsible not just for IT at CDW but for the company's distribution centers, transportation facilities and customer relations as well. He became company CIO in 2005, and even though he left in 2016, his sizable deferred compensation, mostly in the form of stock and options, still places him among the highest-paid tech execs in the country. People with the job title CTO (Chief Technology Officer) make the most at companies with 201-500 employees, earning $292,556 on average. 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. Quotes delayed at least 15 minutes. Bushman is something of a rare bird on this list: a career-long employee of the company that made her a top-paid IT exec. Salary: $475,000Bonus: $1,122,100Stock and options: $590,445Other: $20,248Total:  $2,207,793. In 2015 she took on the role of CIO—ironically being outpaid by her predecessor Deborah Butler, whose deferred compensation put her at number 11 on our list. While he's moved down this list a bit since last year, a sizeable stock grant kept him in the top 25. All Rights Reserved. In 2014, he jumped ship to AIG to take on the same title in a role that was newly created within that company. Market data provided by Interactive Data. Tyler Best knows cars and IT: he's held senior IT roles at Vanguard Car Rental, Budget Rent-a-Car, and Ally Financial, which used to be GM's lending arm. After getting master’s degrees in both India and the U.S., Chandrashekar worked as COO for the Sterling Infotech Group of companies. 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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. Tim Theriault spent more than a decade climbing the ladder at Northern Trust Corporation, from CTO to President of Corporate and Institutional Services, before jumping ship to head up technology at Walgreens and its post-merger iteration, Walgreens Boots. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Here are the details on the latest pay packages for which there's information, mostly from 2016, organized from lowest to highest paid. The CFO role has continued to increase in prominence and responsibility during that time frame, and indeed, the 15 highest-paid CFOs in the S&P 500 outpaced the median CEO for the S&P 500, who earned $10.4 million in 2015 . Meg McCarthy has an interesting background for a tech exec: a master's in public health and a rank of lieutenant commander in the U.S. Navy Reserve. 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. 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. Salary: $1,038,462 Bonus: $5,492,000 Stock and options: $1,606,091 Other: $261,436 Total: $8,397,989 Mike McNamara, EVP and Chief Information and Digital Officer, Target But 2017 saw another kind of jump: she went back to her accounting roots and took a job as the company's CFO. © 2020 Fortune Media IP Limited. CTO (Chief Technology Officer) Salary by gender The average CTO (Chief Technology Officer) salary for women is $155,000 and the average CTO (Chief Technology Officer) salary for men is $207,500. Salary: $653,368Bonus: $1,302,852Stocks and options: $2,772,636Total: $4,728,856. DOW … In 2012 he became SunTrust's CIO, where he worked to unify a siloed technology department. Salary: $568,035Bonus: $500,000Stock and options: $1,400,088Other: $101,760Total: $2,569,883. Salary: $525,000Bonus: $948,336Stock and options: $3,149,930Perks and other compensation: $8,965,046Total: $13,588,312. Chris Hjelm had his first CIO job at Cedant's Travel Distribution Services, but since 2005 has been with the Kroger supermarket chain, and now is responsible for managing the company's IT operations from sites ranging from retail stores to manufacturing plants to offices and R&D facilities. At RBC, he helped launch one of the first internet-based cash management services. Salary: $694,773Bonus: $696,851Stock and options: $1,552,317Other: $57,816Total: $3,001,757. 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. Tim Cook (Apple) makes $3 million/yr. Salary: $133,846Bonus: $2,188,165Stock and options: $5,265,820Other: $159,026Total: $7,746,857. He retired in February of 2018. FORTUNE may receive compensation for some links to products and services on this website. Salary: $491,439Bonus: $251,458Stock and options: $1,930,658Other: $25,262Total: $2,698,817. Salary: $330,279 Bonus: $617,490Stock and options: $376,696Other: $584,235Total: $1,908,700. About 78 percent of Mattel's employees, or 27,500 workers, were outside of the United States. He came to Sysco in 2012 after serving as CIO at Supervalu and Cadbury Schwepps. Salary: $553,846Bonus: $2,780,000Stock and options: $3,143,627Other: $78,648Total: $6,556,121. 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. Lisa Bachmann's grab-bag title includes tech under its umbrella: she's in charge of corporate infrastructure and operational management, among other areas. Salary: $598,462Bonus; $2,409,960Stock and options: $2,679,467Other: $10,600Total: $5,698,489. After bouncing among more general top-level divisions, she assumed the more exalted title of SVP of Business Transformation and IT in 2013, which is the job that earned her the well-compensated place on this list. Nationally, the average was $171K, according to Computerworld data. Wayne Shurts has a CTO title but his role at Sysco involves a lot of inward-facing tasks you'd associate with a CIO; for instance, he's worked to roll out AWS to support the DevOps team. A healthy stock grant boosted him onto our list for the first time. Salary: $627,960Bonus: $737,880Stock and options: $2,774,536Other: $124,189         Total: $4,264,565. 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. Compensation figures for tech execs is hard to find, but DiscoverOrg came up with a list of the Fortune 500's highest paid CIOs and CTOs. Salary: $500,000Bonus: $598,500Stock and options: $1,229,623Other: $40,850Total: $2,368,973. 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. You can see a lot more data about IT compensation in the latest Computerworld IT Salary Survey. ManpowerGroup is a worldwide staffing agency, and Ram Chandrashekar oversees its IT functions from Singapore, where he also serves as President of the company's Asia Pacific Middle East region. This is the second year in a row he's been on our list, and a boost in his bonus means a better showing overall. Salary: $468,462Bonus: $948,336Stocks and options: $8,015,929Other: $293,626Total: $9,726,353. Mattel had the highest ratio of 4,977 to 1. Salary: $599,029Bonus: $653,176Stock and options: $3,630,025Other: $1,102,874Total: $5,985,104. Fasano is currently the CEO of Bay Advisors, LLC. All rights reserved. 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. 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. How much money do people make at their job? Anil Cheriyan has been in IT most of his career, working with systems, customer information, data warehousing and e-business engagements at PwC and helping financial services sector clients with business systems transformation, technology and process re-engineering initiatives at IBM Global Business Services. The average Chief Technology Officer salary in the United States is $247,381 as of October 28, 2020, but the range typically falls between $207,450 and $289,357. Copyright © 2018 IDG Communications, Inc. salary. She then made the jump to the Starwood Hotels chain, where she had to coordinate technology over a large portfolio of hotel brands. Offers may be subject to change without notice. At MetLife, his role spans both customer-facing tech and internal operations and security, and he's in charge of planning digital strategy as well. But JCPenney was on hard times, and by the end of 2015 Laverty left the company. 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. Salary: $525,000Stock and options: $1,149,250Other: $637,477Total: $2,311,727. 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. Salary: $710,385Bonus: $834,079Stock and options: $2,190,187Other: $18,478Total: $3,753,129. 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