Big Companies Mean Big Bonuses For CFOs

Compiled ByTonya Vinas According to analysis of fiscal year proxy statements, CFOs at public companies with annual revenues of more than $250 million received cash bonuses that were an average of 64% of base pay, or $194,923 in 2001. The median bonus was $100,308, or 36% of cash pay, according to The Todd Organization, Greensboro, N.C., a benefits consulting company. "Corporate as well as individual performance are the chief factors that typically determine a CFO's annual cash bonus," says Ron Roth, senior vice president with Todd. "Other factors include the executive's length of service with the company." The Todd research shows that the very largest companies -- with $5 billion or more in annual revenues -- pay the largest bonuses, an average of 102%. At companies with $1 billion to $5 billion in revenue, the average was 72%; and 53% at companies with revenues of $250 million to $1 billion.