Definitely not. As a member of the C-level executive team, a CTO is a high-level management role. ... In large companies, reporting to the CTO would be the VP of Engineering, which is typically about 60% management work and 40% hands-on. They are more of an engineering project leader.

Does every company need a CTO?

While not every company needs a CTO, at the very least this role can provide an alignment between a product or service's strategy and a company's technology strategy. Oftentimes, CTOs are former developers and project managers.

Is a CTO important?

The most important role a CTO has is to use technology to generate value for a company and help it achieve its business objectives. At their core, they must develop a technology vision and strategy that will allow the company to thrive and build a solid competitive advantage.