The 10 Highest-Paid CIOs of Public Companies

The 10 Highest-Paid CIOs of Public Companies

1-Filippo Passerini, P&GFilippo Passerini, P&G

Total compensation: $4.97 million, Passerini says he’s anything but a “stereotypical” hardcore-techie CIO. “The technology can be learned,” he says, “but you cannot teach curiosity.”

2-Rob Carter, FedExRob Carter, FedEx

Total compensation: $4.87 million, Has been named a member of Fortune magazine’s “Dream Team,” as well as #18 on Fast Company’s list of “100 Most Creative People in Business.”

3-Deb Butler, Norfolk SouthernDeb Butler, Norfolk Southern

Total compensation: $4.65 million, Butler has a non-tech background: She graduated from Agnes Scott College in 1975 with a degree in English literature, and started at Norfolk Southern as a customer-account auditor.

4-Anil Cheriyan, SunTrust BanksAnil Cheriyan, SunTrust Banks

Total compensation: $3.7 million, Before SunTrust, Cheriyan oversaw business-systems transformation for IBM’s global financial-services clients. He has a master’s level philosophy degree in management.

5-Suren Gupta, AllstateSuren Gupta, Allstate

Total compensation: $3.57 million, Among other innovations, Gupta’s teams have come up with DriveWise, which provides Allstate customers information about their driving habits and reveals how much they can save by improving upon them.

6-Matt Carey, Home DepotMatt Carey, Home Depot

Total compensation: $3.48 million, Before Home Depot, Carey spent two decades at Wal-Mart, where he integrated Walmart.com, Samsclub.com and the company’s grocery home delivery business in the U.K.

7-J. David Thompson, Western UnionJ. David Thompson, Western Union

Total compensation: $3.44 million, Has served former CIO stints for PeopleSoft, Oracle and Symantec. Also worked as an intelligence-systems officer for the U.S. Air Force.

8-Lori Beer, WellPointLori Beer, WellPoint

Total compensation: $3.19 million, Beer is a 20-year CPA by trade, and a former CFO. She’s worked for Coca-Cola and, ironically, given her last name, Molson Coors Brewing.

9-David Barnes, UPSDavid Barnes, UPS

Total compensation: $3.13 million, Barnes credits visualization tech for helping UPS create apps to allow London Olympics organizers to transport more than 30 million pieces of equipment, including drug samples and medals.

10-Stephen Gillett, Best Buy DigitalStephen Gillett, Best Buy Digital

Total compensation: $2.96 million, He left Best Buy after just nine months to join Symantec, but stayed long enough to qualify for this list. A star CIO at Starbucks, Gillett was dubbed “Neo” by Best Buy employees, after the hero of the film, The Matrix.

Dennis McCafferty
Dennis McCafferty is a contributor to CIO Insight. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses.

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