The richest CIOs: A list of top U.S. earners

Which CIOs are earning the most? What does a top CIO’s total compensation look like? The below chart details 2008 earnings for the top money-makers at public companies.

Methodology note: This list is based on publicly-filed SEC documents. It represents only CIOs from public companies among the Fortune 1000, where the CIO is one of the company’s 5 highest-paid officers.

The total compensation figure combines value of stock and options awards, incentive payouts, perks, pension contributions and other compensation.

For more background on CIO salaries, see our related story, “Richest CIOs: What’s Behind Smaller Bonuses.”
CIO Earnings

Top Technology Executive

Title

Company

Total 2008 Compensation

Salary

Randall Mott

EVP, CIO

Hewlett-Packard

$28,293,134

$690,000

Larry Kittelberger

SVP Technology and Operations

Honeywell International

$8,030,866

$712,788

Sam Leno

EVP Finance and Information Systems, CFO

Boston Scientific

$6,321,255

$621,721

Steve Squeri

EVP Corporate Development and CIO

American Express

$6,252,701

$600,000

Bill Chenevich

Vice Chairman, Technology and Operations Services

US Bancorp

$5,384,509

$537,521

Franck Moison

President Global Marketing, Supply Chain and Technology

Colgate-Palmolive

$5,058,159

$641,667

Bob DeRodes

former EVP, CIO

Home Depot

$4,836,618

$462,769

Tim Shack

former EVP, CIO

PNC Financial Services Group

$4,577,332

$510,000

Glen Salow

EVP Service Delivery and Technology

Ameriprise Financial

$4,071,987

$475,000

Randy Darcy*

EVP Worldwide Technology and Operations

General Mills

$3,476,976

$489,895

Robert Willett*

CIO Best Buy; CEO Best Buy International

Best Buy

$3,468,486

$821,157

Anil Kottoor

SVP, CIO

WellCare Health Plans

$3,079,961

$305,000

Anna Ewing

EVP, Global Software Development and CIO

NASDAQ OMG Group

$2,791,709

$400,000

Patrick McNamee

EVP Operations and Technology

Express Scripts

$2,769,387

$464,981

Deborah Butler

EVP Planning and CIO

Norfolk Southern

$2,723,561

$435,000

Michael Maslowski

SVP, CIO

CenturyTel

$2,672,770

$353,712

Greg Framke

EVP, Chief Information and Operations Officer

Etrade Financial

$2,059,718

$421,731

Kenneth Tye

Sr. Exec. VP, CIO

Total System Services

$2,047,126

$440,013

David Johns

SVP, Supply Chain and IT Officer

Owens Corning

$1,816,368

$367,500

David Kelley

EVP, CIO

TD Ameritrade

$1,792,653

$300,000

Thomas Frank

EVP, CIO

Interactive Brokers Group

$1,778,179

$312,000

Jenny Bolt

EVP Operations and Technology

Franklin Resources

$1,768,722

$506,250

Michael Cheles

VP IT

MEMC Electronic Materials

$1,745,238

$237,000

Rob Autor

former EVP, CIO

SLM

$1,741,720

$350,000

Tim Sullivan

Corporate EVP, CIO

SunTrust Banks

$1,698,634

$484,067

Bruce Goodman

SVP, Chief Service and Information Officer

Humana

$1,588,048

$489,385

Lisa Bachmann

SVP Merchandise Planning/Allocation and CIO

Big Lots

$1,572,566

$436,222

John Alexander Du Plessis Currie

EVP, CIO

Brightpoint

$1,400,797

$475,000

Richard Flaks

SVP, Planning, Allocation and IT

The Children’s Place

$1,382,189

$494,497

Mahvash Yazdi

SVP, CIO

Edison International

$1,228,790

$394,947

Calvin Sihilling

EVP, CIO

Nash-Finch

$1,189,392

$378,866

Jeanne Moreno

VP, CIO

Snap-On

$1,177,949

$319,340

Raymond Voelker

CIO

Progressive

$1,170,457

$377,307

Scott Arvidson

EVP, CIO

Kansas City Southern

$1,141,863

$336,386

Joseph Osbourn*

EVP, CIO

Tech Data

$1,127,556

$498,001

Pierre Samec

CTO

Expedia

$1,070,060

$350,000

Keith Morrow

SVP, CIO

Blockbuster

$1,054,104

$350,000

Michael Relich

SVP, CIO

Guess?

$977,590

$386,154

Gregory Tranter

SVP, CIO

The Hanover Insurance Group

$948,736

$369,231

Richard White

Former SVP, CIO

MPS Group

$916,176

$250,000

Richard Smith*

SVP, CIO

CarMax

$864,800

$338,308

Lawrence DelGatto

EVP, CIO

Radian Group

$845,018

$300,000

Kenneth Smith

SVP, CIO and Human Resources Officer

PolyOne

$840,753

$333,308

Jon Kerner

SVP, CIO

MPS Group

$837,517

$250,000

Larry Thomas

VP, CIO

Landstar Systems

$808,482

$206,000

Dudley Sondeno

SVP, Chief Knowledge and Technology Officer

Southwest Gas

$792,009

$272,377

Paul G.P. Hoogenboom*

SVP, Manufacturing and Operations, CIO

RPM International

$727,055

$346,000

Bruce Marcus

EVP, CIO

McGraw-Hill

$651,861

$420,000

Allan Lubitz

SVP, CIO

Mercury General

$604,708

$325,000

Laurie Douglas

SVP, CIO

Publix Super Markets

$540,093

$505,600

Richard George

VP, Controller and CIO

The Andersons

$504,100

$210,885

Kenneth DeWitt

VP, CIO

United Rentals

$459,486

$205,077

Source: SEC documents. *2009 figures were used when 2008 figures were not available.

CIO magazine assistant editor Simone Levien contributed research support to this project.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Articles

Cybersecurity in 2024: Priorities and challenges for Canadian organizations 

By Derek Manky As predictions for 2024 point to the continued expansion...

Survey shows generative AI is a top priority for Canadian corporate leaders.

Leaders are devoting significant budget to generative AI for 2024 Canadian corporate...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now