Human Capital & Careers

2001 CFO Compensation at a Selection of Major Companies

The skinny on what CFOs earned last year: less.
CFO.com StaffAugust 2, 2002

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

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