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Charting a Course to the Top: Insights from the Fortune 500 CIOs and How They Differ from Other C-Suite Executives

Published: 29 August 2024 Publication History

Abstract

The Chief Information Officer (CIO) is a vital leadership role in modern corporations that is responsible for making important decisions about the direction and use of technology within the organization. The CIO works alongside other chief officers, such as the Chief Executive Officer (CEO) and Chief Financial Officer (CFO), to help determine the profitability and future success of the corporation. To better understand the characteristics and experiences that lead to becoming a CIO at a Fortune 500 company, this study analyzed the career histories of 2,842 Fortune 500 executives and employed an inductive methodology to identify the characteristics of executive career profiles, with a particular focus on CIOs. The results of the study suggest that aspiring CIOs should work at multiple companies in various roles, strive to follow conventional educational paths, such as attending elite universities and earning advanced degrees, and be prepared to work at more companies and in more roles for shorter periods of time than other C-level counterparts. These findings may be employed by both aspiring chief officers and hiring organizations to establish career checkpoints, improve understanding of the contemporary executive population, and make informed career decisions.

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cover image ACM Conferences
SIGMIS-CPR '23: Proceedings of the 2023 Computers and People Research Conference
June 2023
95 pages
ISBN:9798400700941
DOI:10.1145/3579168
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than the author(s) must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected].

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Publication History

Published: 29 August 2024

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Author Tags

  1. CIO
  2. Career Progression
  3. Fortune 500
  4. IT Leadership
  5. LinkedIn

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