Chief Technology Officer (CTO)

Chief Technology Officer (CTO) Job Description

CTOs require in-depth knowledge of all aspects of a firm’s data technology infrastructure. Known for their technical expertise and tactical managerial skills, CTOs evaluate new technology and decide how it can benefit their organization and its clients. They oversee the design of — and make recommendations to executive management regarding — technology solutions to uphold the policies and instruction provided by the CIO. CTOs collaborate with various departments to execute the company’s technology vision. CTO candidates typically have a degree in computer science (some firms prefer candidates with an MBA) or a related field and at least 10 years of experience in IT management and strategy. Candidates need excellent interpersonal and problem-solving skills, as well as the ability to plan and complete projects within time and budget constraints.

Typical chief technology officer (CTO) duties:

Daily oversight, planning, design and delivery of technology initiatives

Implementing technology and cybersecurity policies and procedures

Developing network and systems architectures for presentation to senior management

Collaborating with the CIO and other departments to develop strategies and budgets and insure optimal performance of networks and systems operations

Assisting with disaster recovery planning, implementation and execution

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Salary for Chief Technology Officer (CTO)

188000 - 275750

25th percentile

188000

The candidate is new to the role and building the needed skills, experience and autonomy.

50th percentile

218750

The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.

75th percentile

275750

The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Chief Information Officer (CIO)

221500

251750

302750