On Tuesday February 7, 2023, the executive career advancement website IvyExec published an article I wrote on “CTO and CIO Employment Contract Terms to Negotiate For.”
This new article offers contract terms to negotiate, for executives taking roles in two different C-level executive positions that are seeing increasing demand in today’s economy: Chief Technology Officers (CTO) or Chief Information Officers (CIO). These two positions tend to be the company point person for information and innovation, including taking the lead for corporate initiatives in new technologies like cloud computing, cybersecurity, AI, and IoT. This article is addressed to newly rising executives as well as to seasoned tech executives, if you may at some point find yourself being promoted to, or offered a job at another company, to be CIO or CTO. Among the important terms for CIO and CTO employment contracts discussed in the article are the following:
- Scope of authority, levels of support, interface with related enabling departments,
- Company reputation, mission, financials and other representations on which you are relying to take this job offer,
- Equity compensation in scope and form matched to your position, stage of company and potential tax issues and
- Protection to assure that inventions, software tools and ideas developed on your own are not transferred to the new employer without special consideration.
To see my full IvyExec career advancement website article, go to LINK:
https://www.ivyexec.com/career-advice/2023/cto-and-cio-employment-contract-terms-to-negotiate-for/
Or on my website at
https://www.executiveemploymentattorney.com/cto-and-cio-employment-contract-terms-to-negotiate-for/
IvyExec hosts articles and webinars from experts in the career, leadership, and business spaces who wish to share their knowledge with our audience. In April 2021, I was invited to write for IvyExec since it seeks original content on the topics of career development, leadership, and business strategy as it applies to senior-level and C-Suite professionals. IvyExec blog posts and webinars are shared with its community of more than 2 million members on its website, in its newsletter, and on its social media channels.
https://www.ivyexec.com/career-advice/write-for-us/
IvyExec claims a “Community of 2.5M+ Leaders”.
See also – https://www.ivyexec.com/
It is my hope that this article will be helpful to those offered or considering CTO or CIO roles in tech, life science or other innovation economy companies. If you or any colleague of yours has a need in this area, please do reach out to me at rob@attorneyadelson.com.
