I thought the same thing (with a gasp as a CTO myself :))
But I'm going to assume this article references companies where the Technology department is more of a cost center than primary operations.
For example a SaaS company that basically just has sales/marketing and technology/operations, the CTO is also acting as the COO, so I think you could attribute the COO salary to that of the CTO in a SaaS or high-tech startup.
But I'm going to assume this article references companies where the Technology department is more of a cost center than primary operations.
For example a SaaS company that basically just has sales/marketing and technology/operations, the CTO is also acting as the COO, so I think you could attribute the COO salary to that of the CTO in a SaaS or high-tech startup.