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The differences between president & chief technology officers and chief technology officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a president & chief technology officer, becoming a chief technology officer takes usually requires More than 10 years. Additionally, a president & chief technology officer has an average salary of $186,281, which is higher than the $172,989 average annual salary of a chief technology officer.
The top three skills for a president & chief technology officer include R, architecture and CTO. The most important skills for a chief technology officer are infrastructure, cloud, and architecture.
| President & Chief Technology Officer | Chief Technology Officer | |
| Yearly salary | $186,281 | $172,989 |
| Hourly rate | $89.56 | $83.17 |
| Growth rate | 16% | 6% |
| Number of jobs | 152,241 | 124,289 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Average age | 47 | 52 |
| Years of experience | 8 | - |
A president and chief technology officer (CTO) is an executive-level position focusing on resolving the technical issues within an organization. His/Her or her duties and responsibilities include working with other strategists and technical planners to assess product demands in the market, formulating solutions to reduce dependency on external consultants, and making infrastructure and technology-related decisions. The requirements to qualify for the position include possessing good management and problem-solving skills and obtaining a bachelor's degree in computer science or other related fields.
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.
President & chief technology officers and chief technology officers have different pay scales, as shown below.
| President & Chief Technology Officer | Chief Technology Officer | |
| Average salary | $186,281 | $172,989 |
| Salary range | Between $115,000 And $299,000 | Between $105,000 And $284,000 |
| Highest paying City | Boston, MA | Seattle, WA |
| Highest paying state | Massachusetts | Hawaii |
| Best paying company | Novant Health | InPhonex |
| Best paying industry | Telecommunication | Telecommunication |
There are a few differences between a president & chief technology officer and a chief technology officer in terms of educational background:
| President & Chief Technology Officer | Chief Technology Officer | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 64% |
| Most common major | Computer Science | Computer Science |
| Most common college | Carnegie Mellon University | University of Pennsylvania |
Here are the differences between president & chief technology officers' and chief technology officers' demographics:
| President & Chief Technology Officer | Chief Technology Officer | |
| Average age | 47 | 52 |
| Gender ratio | Male, 94.3% Female, 5.7% | Male, 91.6% Female, 8.4% |
| Race ratio | Black or African American, 6.5% Unknown, 5.2% Hispanic or Latino, 9.7% Asian, 13.8% White, 64.6% American Indian and Alaska Native, 0.2% | 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 | 11% | 12% |