Based on a sample of 234 CFOs at 350 of the largest public companies with revenues over $1 billion that filed corporate proxy statements between July 30, 2001 and April 5, 2002. Figures do not include “all other compensation” or “other annual compensation.” “Total annual compensation” (TAC) equals base salary plus bonus. “Total long-term incentive compensation” (LTI) is the gain on options exercised plus the value of restricted-stock grants plus long-term incentive-plan payouts. “Total direct compensation” equals the sum of TAC and LTI.
Compiled by Mercer Human Resource Consulting
2001 CFO Compensation at a Selection of Major Companies (all dollar amounts are in thousands) | |||||||
High | 75th Percentile | Median | 25th Percentile | Low | Average | Cases | |
Base Salary | $1,600 | $500 | $413 | $331 | $147XXX | $444 | 225 |
Change from 2000 | 142% | 11% | 7% | 5% | -6% | 10% | 163 |
Bonus | $8,381 | $421 | $251 | $44 | $0 | $377 | 224 |
Total Annual Compensation | $8,981 | $913 | $657 | $450 | $147 | $826 | 221 |
Change from 2000 | 153% | 16% | 0% | -20% | -84% | 3% | 157 |
Gain on Options Exercised | $36,027 | $1,910 | $616 | $205 | $5 | $2,411 | 77 |
Restricted-Stock Grant Value | $15,199 | $948 | $427 | $148 | $0.5 | $1,043 | 64 |
Long-Term Incentive-Plan Payouts | $3,861 | $545 | $250 | $82 | $6 | $454 | 65 |
Total Long-Term Incentive Compensation | $36,601 | $1,331 | $543 | $183 | $5 | $1,924 | 145 |
Total Direct Compensation | $37,201 | $1,658 | $961 | $581 | $147 | $2,081 | 221 |
Change from 2000 | 442% | 56% | -1% | -35% | -96% | 21% | 156 |