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He is a seasoned professional with decades of experience in– financial planning and analysis, accounting, and strategic management. Airbnb Chief Technology Officer Aristotle Balogh, Chief Financial Officer David Stephenson, and Global Head of Hosting Catherine Powell all got compensation packages of around $10 million in 2022. If you’d invested $100 in Airbnb stock when it went public on December 10, 2020, Airbnb calculated that investment would have been worth $143 at the end of 2022. Companies in many other parts of the world don’t publicly disclose CEO compensation, but European pay packages tend to be lower than their U.S. counterparts. For 40 years, Crain’s Cleveland Business has been the trusted source for business news and information for Northeast Ohio’s top executives and business owners.
This role also ensures the company is compliant with all applicable laws and business policies. In addition to working with a company’s financial department, the CFO works closely with the company CEO to make wise investments and to cut costs where necessary. American Express named Campbell as the company’s new CFO in June 2013. Campbell previously served as executive vice president and chief financial officer of McKesson Corporation where he worked for nine years. He was also CFO at AMR Corporation and its subsidiary American Airlines. He joined AMR in 1990 and quickly moved through the ranks of senior management.
Maestri is the senior vice president and chief financial officer at Apple. Previously, Maestri was the company’s vice president and corporate controller. Prior to Apple, he was executive vice president and CFO of Xerox Corporation and the CFO at Nokia Siemens Networks.
The same holds true for companies; a fleet management company with 300 employees would pay their top executives higher salaries than a marketing company with 25 workers. Whether you want to be a small fish in a big pond, or vice versa, CFO pay will vary based on company size. Here’s a breakdown of average salary for a CFO in everything from a startup to a large public company.
The pay packages for 2022 are a tad smaller – and may seem outrageous to some. Sign up for free email news alerts and stay connected to important business news straight to your inbox. It’s time HR departments begin measuring and sharing out powerful data and proof that they https://simple-accounting.org/ make a big impact on the bottom line. And if you consider compensation as one measure for how much value you add to the world, it’s great to finally see HR get the recognition it deserves. Here’s the breakdown of CFO salaries by location in some of the top paying areas.
Larger Companies And Public Companies Pay More
CFOs at larger companies make more than those who manage lower revenues. And CFOs at public companies make more than their counterparts at private companies of the same size — about 45% more according to a recent survey.
Much of the compensation we’re discussing is theoretical, potentially earned over the coming years, and contingent on reaching certain performance targets. In 2023 — which didn’t have any bearing on the 2022 package — Sonder faces a potential delisting from the Nasdaq. If you want to know who the highest paid CFO in the world is, it might be Anthony Noto of Twitter.
He was also awarded $2,400,000 in non-equity incentive plan compensation and $28,112 in “other” compensation. In 2023, Catz received a total compensation package of $12.7 million. This includes– a base salary of $950,000, stock awards worth $9.4 million, and a cash bonus of $2.3 million. This includes a base salary of $500,000, stock awards worth $9.2 million, and a cash bonus of $6 million.
Clients are typically $50 million in revenue to Fortune 1000’s or have assets between $500 million to $15 billion. According to Payscale, the average CFO will receive a salary of $133,000.00. As a frame of reference, that median base CFO salary in the US of $362,030 would be $174/hour. Lowe has https://simple-accounting.org/top-5-highest-paid-chief-financial-officer-over/ served as the chief financial officer of Altisource Asset Management since October 2014 and also served as the chief financial officer of Residential since October 2014. Previously he was the chief financial officer of CitiMortgage Inc. and served as chief financial officer of Citibank Korea.