TLDR:
Chief Technology Officer (CTO) is a senior executive responsible for overseeing an organization’s technology, managing IT, data, product development, and tech strategy. CTOs work closely with the CEO and other senior staff, requiring a broad range of skills and qualifications. The role has evolved to include more strategic decision-making, with high salaries and a high demand for experienced professionals.
A chief technology officer (CTO) is the top technology executive in an organization, responsible for overseeing IT management, product development, and tech strategy alignment with business goals.
The role of CTO is strategic and involves working closely with other senior staff, managing tech operations, budget, partnerships, and new technology research.
CTOs need a broad range of skills, including communication, leadership, decision-making, problem-solving, and qualifications in computer science, cybersecurity, data science, or business management.
The average salary for a CTO in the U.S. is $328,646, with high demand and pay in the tech industry. The path to becoming a CTO requires years of experience working up the ranks.