Which CIOs are earning the most? The below chart details 2008 earnings for the top money-makers at public companies. What does a top CIO's total compensation look like? Methodology note: This list is based on publicly-filed SEC documents.
The total compensation figure combines value of stock and options awards, incentive payouts, perks, pension contributions and other compensation. It represents only CIOs from public companies among the Fortune 1000, where the CIO is one of the company's 5 highest-paid officers. 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. CIO magazine assistant editor Simone Levien contributed research support to this project. 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. Follow senior editor Kim S. Nash on Twitter @knash99. Follow everything from CIO.com on Twitter @CIOonline.
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