It pays to be CIO: Median pay for 25 Fortune 500 CIOs tops $2.4M

How much do CIOs really make? To find out, we scoured the proxy statements of the 500 largest U.S. companies and found 25 that disclosed CIO pay.

cio pay salary

Today’s CIOs can make millions as they ascend the corporate ladder. While climbing, many tech chiefs take on additional titles and broader administrative roles.

Lisa Bachmann, for instance, was named CIO of Big Lots in 2005 and then promoted to EVP and chief operating officer in 2011. As COO, she added responsibility for store operations to her workload, which includes overseeing IT, merchandise planning and allocation, and distribution and transportation services. Her 2014 compensation is valued at $3 million.

Similarly, David Thompson joined Western Union in April 2012 as CIO and took over IT. Seven months later, he added global operations to his responsibilities. In 2014, he earned a $2.4 million pay package.

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