Chief technology officer
Glossary Page
The role of a Chief Technology Officer (CTO) involves serving as a senior executive responsible for supervising an organization's research and development (R&D) efforts and managing its technology-related needs. The CTO evaluates both the immediate and future requirements of the organization and strategically allocates resources to make investments that align with its objectives. Generally, the CTO directly reports to the Chief Executive Officer (CEO) of the company.
http://www.investopedia.com/terms/c/chief-technology-officer.asp
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