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Chief Financial Officers

Earnings

Salaries for chief financial officers (CFOs) vary substantially, depending on their level of experience and responsibility, and the size, type, and location of their organization. CFOs at Fortune 500 companies earn much more than their counterparts at smaller firms. Also, salaries in large metropolitan areas, such as Chicago, Los Angeles, and New York City, are higher than those in smaller cities.

Chief financial officers in corporate settings earned salaries that ranged from $176,500 to $300,750 in 2024, according to Robert Half Accounting and Finance’s 2024 Salary Guide. They earned average salaries of $265,000.

Benefits for CFOs are usually excellent, and may include bonuses, stock awards, company-paid insurance premiums, expense accounts, use of company cars, paid country-club memberships, and generous retirement benefits.

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