CFO Salary Guide
Average CFO compensation ranges by company size — proprietary data compiled from 500+ placements since 2008. Updated September 2023.
Average CFO Salary Range by Company Size
*CFO Salary Data Updated September 2023
| Company Revenue | Private Company | Public Company |
|---|---|---|
| $10M – $40M | $161,808 – $254,392 | $176,064 – $278,186 |
| $41M – $100M | $176,840 – $284,300 | $184,320 – $304,112 |
| $101M – $300M | $207,280 – $324,862 | $224,416 – $342,128 |
| $301M – $500M | $235,208 – $384,464 | $256,448 – $410,480 |
| $501M – $999M | $264,312 – $486,972 | $274,659 – $506,780 |
| $1B – $5B | $271,364 – $536,032 | $293,716 – $567,274 |
| $5.1B – $10B | $313,344 – $574,000 | $331,712 – $762,030 |
Company Size
The larger the company, the higher the average CFO salary range and the higher the total compensation package. This is the single biggest determinant of CFO pay.
Company Type
Publicly-traded corporations typically pay more than private companies. For-profit companies tend to pay more than non-profits. Tech and biotech firms tend to pay above market.
Location
Areas such as California, New York City, Chicago and Boston typically pay slightly higher than areas with a lower cost of living, though this factor matters less than company size or type.
Industry
Technology, software and biotech companies typically pay above-market CFO compensation. Traditional industries may pay slightly below the averages listed above.
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CFO Salary Information
As the nation’s leading CFO search firm with 500+ placements since 2008, CFO Search has compiled comprehensive CFO salary and compensation data across industries, company sizes and geographies. The ranges above are based on our actual placement data and represent total base salary ranges for CFOs at various company sizes. Bonus compensation, equity, benefits and other components of the total compensation package are additional. Related: CFO Job Description | Current CFO Jobs