CIO Pay – Millionaires
In order to make the top 40 in compensation CIO had to be paid over $1,000,000 dollars annually. In
CIO Pay – The highest pad CIOs made most of their compensation in the form of stock appreciation. The highest paid CIO on the top 40 list made $12,5 million and the lowest $1.1 million. The most common inclusion in the titles for this position are Executive Vicee President – 24; CIO – 18; CTO – 10; and Senior Vice president-8. Many of the individuals had duplicate titles like Executive Vice President and CIO (11). Plus 9 women are on the list which is at an all time high.
The first CIO to make over a $1,000,000 a year was Duwane Peterson in 1987 at Merrill Lynch. This list only includes CIOs who’s compensation is public. That only means there more of this highly paid professionals today.