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What is Chief Engineering Officer mean?
A chief technical officer (CTO), also known as a chief technology officer or chief technologist, is an executive-level position in a company or other entity whose occupation is focused on the scientific and technological issues within an organization.
A CTO is very similar to a chief information officer (CIO). CTOs will make decisions for the overarching technology infrastructure that closely align with the organization's goals, while CIOs work alongside the organization's information technology ("IT") staff members to perform everyday operations. A CTO should be aware of new and existing technologies to guide the company's future endeavors. The attributes of the roles a CTO holds vary from one company to the next, mainly depending on their organizational structure.
In the United States, the average salary for a CTO ranges between $130,000 and $195,000 per annum depending on the company's sector. According to a 2018 report from the InfoSec Institute, CTOs in the financial sector earn around $200,000, while e-commerce CTOs earn around $76,000.
referencePosted on 17 Oct 2024, this text provides information on Miscellaneous in Jobs related to Jobs. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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