When looking across all industries, the median CFO salary grew more than the median CEO salary last year, and salary increases were provided more frequently to CFOs than CEOs, according to a report by Compensation Advisory Partners.
Here are four findings from the Compensation Advisory Partners report.
1. In the last two years, about 70 percent of CFOs received salary increases, while about half of CEOs received salary increases.
2. The median salary increase for CFOs was 3 percent last year, while the median salary increase for CEOs was just 0.3 percent during the same time period.
3. The higher pay growth for CFOs was partially driven by higher annual bonus target opportunities in 2014.
4. CFO total compensation continues to be approximately one-third of CEO total compensation.
The findings were based on 108 companies, each with the following: at least $5 billion in revenue; a fiscal year ended in the fourth quarter; a proxy filed before April; and a CEO and CFO who each served in their respective roles with the companies for three years or more.
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