Commentaries
Comments and observations by Paul Strassmann
Friday, October 14, 2005
Are Federal and Corporate CIO Positions Comparable?
No, these positions are not comparable.
1. The Federal CIO position responsibilities are much
more extensive than any corporate CIO roles I know
of.
2. The oversight over the work of the Federal CIO
is carried out by many more organizations than
any corporate CIO is exposed to.
3. The sheer quantity of rules, regulations and laws
guiding the conduct of the office of a Federal CIO
cannot be even imagined by a corporate CIO.
4. The top compensation for a Federal CIO
is $155,000 (for a budget of $31B - which is
ten times the largest known corporate IT budget).
The compensation of corporate CIOs is shown
in the following sample from SEC filings:
Company Total Comp
Bellsouth $3,468,500
Cablevision $3,071,744
Northwest Airlines $3,058,612
Bank of New York $2,475,579
Safeco $2,307,371
Ross Stores $2,262,525
PNC Financial Services $2,161,029
ConAgra $1,941,106
National City $1,443,283
Franklin Resources $1,353,579
Kindred Healthcare $1,124,190
General Mills $1,114,842
US Bancorp $1,058,217
Edison International $1,052,582
Kroger $1,037,334
Humana $976,139
CenturyTel $940,300
UnumProvident $937,740
Winn-Dixie $937,269
Selective Insurance $895,983
Tech Data $874,500
RadioShack $789,844
J.C. Penney $746,099
Fifth Third Bancorp $635,481
MPS Group $628,938
Amazon.com $616,797
Compass Bancshares $604,695
Beazer Homes USA $604,549
Magellan Health $602,587
CarMax** (2005/2004) $532,185
Southwest Gas $526,694
Chiquita Brands $515,311
Mercury General $483,390
RPM International $462,677
Nash Finch $449,185
CH Robinson World $384,718
True Value $382,957
CSK Auto $349,598
NBTY $344,940
Bell Microproducts $333,439
Apollo Group $312,400
D & K Healthcare $294,426
1. The Federal CIO position responsibilities are much
more extensive than any corporate CIO roles I know
of.
2. The oversight over the work of the Federal CIO
is carried out by many more organizations than
any corporate CIO is exposed to.
3. The sheer quantity of rules, regulations and laws
guiding the conduct of the office of a Federal CIO
cannot be even imagined by a corporate CIO.
4. The top compensation for a Federal CIO
is $155,000 (for a budget of $31B - which is
ten times the largest known corporate IT budget).
The compensation of corporate CIOs is shown
in the following sample from SEC filings:
Company Total Comp
Bellsouth $3,468,500
Cablevision $3,071,744
Northwest Airlines $3,058,612
Bank of New York $2,475,579
Safeco $2,307,371
Ross Stores $2,262,525
PNC Financial Services $2,161,029
ConAgra $1,941,106
National City $1,443,283
Franklin Resources $1,353,579
Kindred Healthcare $1,124,190
General Mills $1,114,842
US Bancorp $1,058,217
Edison International $1,052,582
Kroger $1,037,334
Humana $976,139
CenturyTel $940,300
UnumProvident $937,740
Winn-Dixie $937,269
Selective Insurance $895,983
Tech Data $874,500
RadioShack $789,844
J.C. Penney $746,099
Fifth Third Bancorp $635,481
MPS Group $628,938
Amazon.com $616,797
Compass Bancshares $604,695
Beazer Homes USA $604,549
Magellan Health $602,587
CarMax** (2005/2004) $532,185
Southwest Gas $526,694
Chiquita Brands $515,311
Mercury General $483,390
RPM International $462,677
Nash Finch $449,185
CH Robinson World $384,718
True Value $382,957
CSK Auto $349,598
NBTY $344,940
Bell Microproducts $333,439
Apollo Group $312,400
D & K Healthcare $294,426