A chief technology officer (or chief technical officer; CTO) is an executive-level position in a company or other entity whose occupant is focused on scientific and technological issues within an organization. The role became prominent with the ascent of the information technology (IT) industry, but has since become prevalent in technology-based industries of all types (e.g. biotechnology, energy, etc.). As a corporate officer position, the CTO typically reports directly to the chief executive officer (CEO) and is primarily concerned with long-term and "big picture" issues (while still having deep technical knowledge of the relevant field). Depending on company structure and hierarchy, there may also be positions such as director of R&D and vice president of engineering whom the CTO interacts with or oversees. The CTO also needs a working familiarity with regulatory (e.g. U.S. Food and Drug Administration, Environmental Protection Agency, Consumer Product Safety Commission, as applicable) and intellectual property (IP) issues (e.g. patents, trade secrets, license contracts), and an ability to interface with legal counsel to incorporate those considerations into strategic planning and inter-company negotiations.
Read more about Chief Technology Officer: Contrast With Chief Information Officer (CIO), Contrast With Chief Science Officer (CSO), Genesis of The CTO, CTO of The United States
Famous quotes containing the words chief, technology and/or officer:
“The chief function of the city is to convert power into form, energy into culture, dead matter into the living symbols of art, biological reproduction into social creativity.”
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“That’s all right, sir. A commanding officer doesn’t need brains, just a good, loud voice.”
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