CIO role is being "dumbed down," study says.
* The percentage of CIOs reporting to chief financial officers (CFOs) doubled in 2003 from 11 percent in 2002. According to CIO, reporting to the CFO instead of the chief executive officer or chief operations officer is almost always a sign of diminished clout.
* Executive recruiters say companies are looking for low-cost techies and junior employees to fill the CIO role.
* In 2001, compensation for CIOs at large companies decreased for the first time since 1985 and has dropped 16 percent--from $434,000 in 2001 to $363,000 in 2003--according to IT management consultancy Janco Associates.
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|Title Annotation:||Up front: news trends & analysis|
|Publication:||Information Management Journal|
|Date:||Jan 1, 2004|
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