“The newspaper quotes David Mathison, an entrepreneur who’s founder and CEO of the world’s first Chief AI Officer Summit, saying the job needs a person with a “deep understanding of AI tech, machine learning, data science, and analytics.” It is, after all, a highly technical role that involves some truly cutting-edge tech–along with a grasp […]

“The role requires a ‘deep understanding of AI tech, machine learning, data science and analytics,’ says David Mathison, who founded the first Chief AI Officer Summit last year. Yet candidates also ‘need to understand legal’ and change management well; many come from leadership roles in data, risk management and compliance.”

“They are impossible to find, but they are indispensable as we shift from digital transformation to exponential transformation,” said David Mathison, chair and CEO of the CAIO Summit, which was held for the first time last year in Boston.

Executive search firm Heidrick & Struggles reports an average total compensation of $1,134,000 in the US and $565,000 in Europe for AI and data executives.

An organization called the CDO Club tracks new chief AI officer appointments, revealing a consistent uptick in placements for this executive role in recent months. Chief AI officers have already been put into place at some organizations with household names, such as GE HealthCare, UnitedHealth Group, Deloitte, Thoughtworks, Mayo Clinic, Dell Technologies, Intel Corporation and […]