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The differences between chief technology officers and chief product 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 technology officer and a chief product officer. Additionally, a chief technology officer has an average salary of $172,989, which is higher than the $134,865 average annual salary of a chief product officer.
The top three skills for a chief technology officer include infrastructure, cloud and architecture. The most important skills for a chief product officer are CPO, patrol, and patients.
| Chief Technology Officer | Chief Product Officer | |
| Yearly salary | $172,989 | $134,865 |
| Hourly rate | $83.17 | $64.84 |
| Growth rate | 6% | 6% |
| Number of jobs | 124,289 | 145,190 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 48% |
| Average age | 52 | 52 |
| Years of experience | - | - |
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.
A chief product officer (CPO) is an executive professional who is responsible for managing a company's product management team to create products that can deliver sustainable value to both customers and the business. This executive must lead the strategic product direction, which includes product vision, design, development, and marketing. To get insights from the needs of customers, this executive is required to initiate various types of customer research to use it to differentiate products from competitors. This chief product officer must also take part in exhibitions to present products to the audience.
Chief technology officers and chief product officers have different pay scales, as shown below.
| Chief Technology Officer | Chief Product Officer | |
| Average salary | $172,989 | $134,865 |
| Salary range | Between $105,000 And $284,000 | Between $74,000 And $242,000 |
| Highest paying City | Seattle, WA | Newark, NJ |
| Highest paying state | Hawaii | New Jersey |
| Best paying company | InPhonex | McKinsey & Company Inc |
| Best paying industry | Telecommunication | Professional |
There are a few differences between a chief technology officer and a chief product officer in terms of educational background:
| Chief Technology Officer | Chief Product Officer | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 48% |
| Most common major | Computer Science | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between chief technology officers' and chief product officers' demographics:
| Chief Technology Officer | Chief Product Officer | |
| Average age | 52 | 52 |
| Gender ratio | Male, 91.6% Female, 8.4% | Male, 71.4% Female, 28.6% |
| Race ratio | 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% | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |