Chief Technology Officer - CTO

AAA

DEFINITION of 'Chief Technology Officer - CTO'

An executive who is responsible for the management of an organization's research and development (R&D) and technological needs. A chief technology officer (CTO) examines the short- and long-term needs of an organization, and utilizes capital to make investments designed to help the organization reach its objectives. The CTO usually reports directly the chief executive officer (CEO) of the firm.

INVESTOPEDIA EXPLAINS 'Chief Technology Officer - CTO'

While research and development has been a component of businesses for many years, the rise of information technology (IT) and computers has increased the importance of the chief technology officer. Companies focusing on scientific and electronic products employ CTOs who are responsible for the oversight of intellectual property and have backgrounds in the industry.

RELATED TERMS
  1. Trade Secret

    Any practice or process of a company that is generally not known ...
  2. Chief Investment Officer - CIO

    The executive position responsible for a company's investment ...
  3. Chief Executive Officer - CEO

    The highest ranking executive in a company whose main responsibilities ...
  4. Chief Financial Officer - CFO

    The senior manager responsible for overseeing the financial activities ...
  5. Chief Operating Officer - COO

    The senior manager who is responsible for managing the company's ...
  6. Intellectual Property

    A broad categorical description for the set of intangibles owned ...
Related Articles
  1. Fundamental Analysis

    Evaluating Pharmaceutical Companies

  2. Investing

    R&D Spending And Profitability: What's ...

  3. Markets

    Buying Into Corporate Research & Development ...

  4. Investing

    The Ins and Outs Of In-Process R&D Expenses

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center