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The differences between chief executive officers and chief technology officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a chief executive officer and a chief technology officer. Additionally, a chief executive officer has an average salary of $192,260, which is higher than the $172,989 average annual salary of a chief technology officer.
The top three skills for a chief executive officer include healthcare, patients and patient care. The most important skills for a chief technology officer are infrastructure, cloud, and architecture.
| Chief Executive Officer | Chief Technology Officer | |
| Yearly salary | $192,260 | $172,989 |
| Hourly rate | $92.43 | $83.17 |
| Growth rate | 6% | 6% |
| Number of jobs | 149,185 | 124,289 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 64% |
| Average age | 52 | 52 |
| Years of experience | - | - |
A chief executive officer is the overall head of the company's operations. Chief executive officers are responsible for making corporate decisions that would define the company's performance in the market. A chief executive officer must display exceptional leadership and decision-making skills to create business growth and development strategies. The chief executive officers also provide a regular business update to the board regarding the company's status. They should also be able to identify business opportunities and create long-lasting, professional relationships with business partners and other organizations.
The job of chief technology officers (CTOs) is to oversee the technological needs and research and development of an organization. The CTOs, who are like chief information officers, make decisions for a company's technology infrastructure that aligns with the organization's business goals. They must ensure that they are updated on new and existing technologies for them to guide the company's future endeavors. Other responsibilities include fixing issues related to information technology, developing and managing the company's technological resources, and participating in management decisions on corporate governance.
Chief executive officers and chief technology officers have different pay scales, as shown below.
| Chief Executive Officer | Chief Technology Officer | |
| Average salary | $192,260 | $172,989 |
| Salary range | Between $104,000 And $354,000 | Between $105,000 And $284,000 |
| Highest paying City | Urban Honolulu, HI | Seattle, WA |
| Highest paying state | Hawaii | Hawaii |
| Best paying company | Alecto Healthcare Services LLC | InPhonex |
| Best paying industry | Start-up | Telecommunication |
There are a few differences between a chief executive officer and a chief technology officer in terms of educational background:
| Chief Executive Officer | Chief Technology Officer | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 64% |
| Most common major | Business | Computer Science |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between chief executive officers' and chief technology officers' demographics:
| Chief Executive Officer | Chief Technology Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 68.5% Female, 31.5% | Male, 91.6% Female, 8.4% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.8% White, 76.0% American Indian and Alaska Native, 0.6% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.0% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |