Heidrick & Struggles
2023 Europe and US Data Analytics Executive Survey
Pages
28
Time to read
40 mins
Publication
Language
English
Pages
28
Time to read
40 mins
Publication
Language
English
This document is a report detailing the findings of the 2023 Europe and US Data, Analytics, and Artificial Intelligence Executive Organization and Compensation Survey conducted by Heidrick & Struggles. The survey collected data from 201 executives in Europe and the United States regarding their organizational structure and compensation related to roles in data analytics and artificial intelligence. Key findings indicate that 65% of respondents are in roles that have existed for less than five years, suggesting a maturation of technology leadership within organizations. The report outlines the reporting structures, with many executives reporting to C-level positions such as Chief Digital Officer or Chief Technology Officer. It also highlights the mixed responses regarding organizational adaptation to AI technologies, with 52% of respondents indicating insufficient funding for data and analytics programs. Compensation data reveals average total compensation for executives in the US at $1,134,000 and $565,000 in Europe, providing insights into the financial landscape of these roles.