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Christian & Timbers publishes proprietary research on C-Suite compensation trends in the cybersecurity industry; Reveals that CEO pay has increased 7% in the past year

Other notable trends in 2024 show a 21% increase in demand for Cybersecurity Chief Technology Officers (CTOs) and Chief Product Officers (CPOs)

SAN FRANCISCO, May 6, 2024–(BUSINESS WIRE)–Christian & Timbers, the first tech executive search firm, today announced the publication of a proprietary study entitled: “NAVIGATING THE CYBER SECURITY TALENT LANDSCAPE: A COMPREHENSIVE ANALYSIS OF C-SUITE COMPENSATION TRENDS.” It can be accessed at www.study.christianandtimbers.com

Based on data collected from more than 100 private cybersecurity companies, the study analyzes compensation for CEOs, CFOs, CROs, CMOs, CPOs and CTOs from 2020 to 2024. It compares compensation variations by company size and funding stage, ranging from early stage Series B startups to established companies valued between $500 million and $1 billion.

Jeff Christian, CEO of Christian & Timbers, said: “There is a war for talent as the world tries to mitigate cyber threats. Attracting and retaining top talent at the executive level is paramount. The study provides critical insights into C’s compensation suites in cybersecurity trends, helping companies make informed decisions when acquiring and retaining talent.”

This proprietary study serves as a definitive benchmark for understanding cybersecurity compensation package structures. By analyzing compensation trends and patterns, the report provides valuable guidance for cybersecurity executives and stakeholders, helping them effectively navigate the competitive talent landscape.

The identified compensation trends underline the importance of operational excellence and innovativeness in leadership roles within the cybersecurity sector. Understanding these trends is critical for companies looking to attract and retain top talent in a highly competitive environment.

Recommendations for attracting and retaining cybersecurity managers: The report offers actionable recommendations, including staying competitive with compensation packages, emphasizing non-monetary benefits, tailoring compensation packages to individual roles, communicating the organization’s value proposition, investing in talent development and adapting to market dynamics.

For more information and access to the full report, visit www.study.christianandtimbers.com.

Christian & Timbers has specialized in cybersecurity talent acquisition for decades, providing customized strategies to ensure cybersecurity leaders acquire top management talent.

About Christian & Timbers

Christian & Timbers is the first tech executive search firm. For more than four decades, the company has been a leader in hiring top CEOs in every technology sector and has completed more than 1,000 emerging growth CEO assignments at Fortune 50 technology companies.

For more information, visit www.ChristianandTimbers.com.

View the source version on businesswire.com: https://www.businesswire.com/news/home/20240505680795/en/

Contacts

Jeff Christian
[email protected]
216-583-6083