Usually means: Oversees company's technical operations, strategy.
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We found 5 dictionaries that define the word chief technology officer:

General (2 matching dictionaries)
  1. Chief Technology Officer, Chief technology officer: Wikipedia, the Free Encyclopedia
  2. chief technology officer: Wiktionary

Business (1 matching dictionary)
  1. BusinessDictionary.com (No longer online)

Computing (2 matching dictionaries)
  1. chief technology officer: CCI Computer
  2. Chief Technology Officer: Encyclopedia

Definitions from Wiktionary (chief technology officer)

noun:  An executive responsible for the technological development and often the overall technical infrastructure of the products of a business, typically directly accountable to the chief executive officer or the board.

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