There are two leading types of CTO in a software company — operational management and technical leadership.
Type #1. Operational management. These specialists typically don’t have a considerable coding background. CTO of this type may have studied finance, project management, mentoring, and other non-technical skills.
Type #2. Technical leadership. And conversely, these specialists have a solid background in providing software development services and leading an engineering team. They are, in fact, senior developers that can solve problems faster and find the best solutions.
Read more about CTO roles and responsibilities.