If the public is going to know one name from a company they don’t work for, it’s likely who the CEO is — but as global economic trends become increasingly unpredictable, it looks like the top brass won’t be the only star of the show.
Chief financial officers, or CFOs, are on track to outpace CEOs on the salary front, with CFOs seeing nearly 2% higher salary increases than CEOs in 2023, according to Compensation Advisory Partners. While CEO salaries are still notoriously the highest in the C-suite, ranging from $420,000 to $1,200,000, these recent CFO pay bumps hint at a restructuring of the C-suite.
