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. What does a typical CTO earn? 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. What could happen to the economy if Biden canceled the majority of student loan debt? You can see a lot more data about IT compensation in the latest Computerworld IT Salary Survey. Salary: $681,250Bonus: $2,300,000Stock and options: $2,369,817Total: $5,351,067. Salary: $216,071Bonus: $664,053Stock and options: $1,890,267Other: $130,638Total: $2,901,029. Salary: $491,439Bonus: $251,458Stock and options: $1,930,658Other: $25,262Total: $2,698,817. Meanwhile, he's serving as EVP and CIO of Shane Company Jewelry. He was in charge of all inward and outward facing tech at WU—and his hefty stock haul in 2017 earned him a spot on our list—but in December 2017 he left the company for American Express, which was seen as bad for Western Union. Before joining Big Lots, her background was in planning at various department store brands. There are no numbers that anyone can throw out for you. 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. 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. Salary: $601,675Bonus: $772,933Stock and options: $1,318,029Other: $45,730Total: $2,738,367. 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. 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. Subscribe to access expert insight on business technology - in an ad-free environment. 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. Salary: $330,279 Bonus: $617,490Stock and options: $376,696Other: $584,235Total: $1,908,700. Salary: $710,385Bonus: $834,079Stock and options: $2,190,187Other: $18,478Total: $3,753,129. Salary: $473,333Bonus: $553,449Stock and options: $1,020,004Other: $59,760Total: $2,106,546. A healthy stock grant boosted him onto our list for the first time. After a stint as a CIO at Dell, she moved to Biogen in 2014, where her task was to address "the mismatch between the structure of the company’s existing technology organization and the business goals" of the CEO. "We are unable to provide details of Scott’s departure," his employers said cryptically, but two years later they're still sending him enough deferred compensation for him to make it onto this list. He joined Manpower in 2008 and in 2012 was put in charge of IT, with the goal of improving operational performance with a metric-oriented framework. But JCPenney was on hard times, and by the end of 2015 Laverty left the company. Although he makes the cutoff for our list because he worked at AIG in 2017 — and netted hefty compensation, much of it in the form of a bonus — he actually left the company in March of that year, possibly as part of the sweep of the executive ranks that soon afterward saw the CEO ousted as well. 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. How much money do people make at their job? Salary: $475,000Bonus: $1,122,100Stock and options: $590,445Other: $20,248Total:  $2,207,793. After a stint in Air Force intelligence, David Thompson ended up in IT management in a number of Silicon Valley heavy hitters: he was SVP and CIO at PeopleSoft, where he oversaw a transition to the company using its own applications internally. All Rights Reserved. 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. He took the CIO job at Hertz in early 2015, overseeing the company's global IT functions. Tim Cook (Apple) makes $3 million/yr. After cutting his teeth consulting with Deloitte and IBM, Scott Laverty got into the retail business as CIO of Borders Books and Head of Retail for HCL AXON. 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. Dave Barnes is a true UPS company man, starting off in 1977 as a package loader and using his wide knowledge of what the company does—ranging from operations, to industrial engineering, to finance, to information technology—to rise through the ranks as UPS went worldwide in the '80s and '90s. 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. 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. Salary: $533,300Bonus: $524,400Stocks and options: $1,418,400Other: $55,900Total: $2,532,000. 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Keith Rohland made a jump from finance to food when he moved to his current company from Citigroup in 2011. Salary: $468,462Bonus: $948,336Stocks and options: $8,015,929Other: $293,626Total: $9,726,353. 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. Mark Zuckerberg (Facebook) takes a dollar token salary. He began his current role in 2014, aiming to drive operational excellence for Manpower IT worldwide Chandrashekar's compensation is somewhat inflated by special payments he received to compensate for taxes he owed on income earned while living in the U.S. in previous years. 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. Poulter's stay at Starwood was relatively brief—in January of 2018 she jumped ship (pun intended) to become CIO at Royal Caribbean Cruises—but was lucrative, as her place on our list attests. He's been in his current role since 2009 and at the company since 2001. Robert Carter has been with FedEx since 1993, and he sets the technology direction of the shipping giant's applications, networks and data centers. Salary: $599,029Bonus: $653,176Stock and options: $3,630,025Other: $1,102,874Total: $5,985,104. Pawan Verma's career has been focused on retail and ecommerce: after stints at Convergys and Verizon Wireless, he spent two years as VP of Digital Technology and API Platforms at Target, where his bailiwick ranged from marketing tech to the company's online store. 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.