Chief Technology Officer (CTO) – Responsible for technology and research and development, overseeing the development of technology to be commercialized. (For an information technology company, the subject matter would be similar to the CIO’s; however, the CTO’s focus is technology for the firm to sell versus technology used for facilitating the firm’s own operations.). Sometimes called chief technical officer.
– Company’s technological development
– Improve company efficiency and effectiveness
– Research leading edge technologies and makes determinations on the probability of implementation