A CIO is a chief information officer (CIO), an executive who has board-level oversight of the information technology and computing aspects of running an enterprise and ensuring it meets its commercial goals.
A chief technology officer, or CTO, is a board-level executive who is primarily focused on scientific and technological issues (not limited to IT) within an enterprise to ensure that technological advances are sufficiently utilized and the company retains or gains a competitive advantage.
– The CIO and CTO are both board-level executives. – Remuneration is comparable for both roles. – CIOs and CTOs develop company strategies and policies concerning their specific fields of expertise.
– CIOs are usually subordinate to the CEO, CFO, and COO, while CTOs tend to report to the CIO. – The CTO role developed out of older R&D executive positions. – The CIO role was developed specifically to address IT infrastructure within companies in the 1980s.