A CIO’s decision to exercise his stock options once served as a sign of his forthcoming departure from his company. “Ordinarily, you’d think they’re getting ready to go because they’re cashing in,” says Mark Polansky, North American managing director of executive search firm Korn Ferry’s IT Center of Expertise. But that’s not the case today. Many CIOs are cashing in on their options simply because the money is good, says Polansky. “People have done well with options—not just CIOs, but senior and middle management,” he says. “There’s a common feeling that we’re either at the top of the stock market or near the top, and since we all learned that we don’t know how to predict the top (we all had that problem in 2000), people are more cautious this time. They’re taking money off the table and trying to avoid giving it all back when the bubble bursts,” he says. Who’s cashing in? And what are they walking away with? SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe According to SEC filings from May and June: CIO/COMPANY SHARES PURCHASED/TOTAL PRICE SHARES SOLD PRICE NET PROFIT Robert Moore, Paetec 5,000/$15,450 $55,751 $40,301 Janice Skredsvig, Paccar 4,801/$182,294 $417,207 $234,913 Beth Perlman, Constellation Energy 4,000/$124,840 $372,955 $248,115 Richard Cella, Alpharma 31,125/$386,575 $792,380 $405,805 Michael Relich, Guess 10,000/$77,200 $494,006 $416,806 Scott Henkel, Capella Education 30,000/$472,163 $1.03 million $559,237 Related content brandpost Fireside Chat between Tata Communications and Tata Realty: 5 ways how Technology bridges the CX perception gap By Tata Communications Sep 24, 2023 9 mins Emerging Technology feature Mastercard preps for the post-quantum cybersecurity threat A cryptographically relevant quantum computer will put everyday online transactions at risk. Mastercard is preparing for such an eventuality — today. By Poornima Apte Sep 22, 2023 6 mins CIO 100 Quantum Computing Data and Information Security feature 9 famous analytics and AI disasters Insights from data and machine learning algorithms can be invaluable, but mistakes can cost you reputation, revenue, or even lives. These high-profile analytics and AI blunders illustrate what can go wrong. By Thor Olavsrud Sep 22, 2023 13 mins Technology Industry Generative AI Machine Learning feature Top 15 data management platforms available today Data management platforms (DMPs) help organizations collect and manage data from a wide array of sources — and are becoming increasingly important for customer-centric sales and marketing campaigns. By Peter Wayner Sep 22, 2023 10 mins Marketing Software Data Management Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe