The average salary of a CFO is around $125 thousand. This is exclusive of all the other coverages that are granted to them. A CFO’s position is at a high stature as it comes in with a lot of responsibility.
Some people dream of great accomplishments, while others stay awake and do them.
Everyone dreams of making it big but only some work for it. CFOs have made it simply understand that if you’re honest with your work, it’ll reward you in some or the other way.
CFOs are rewarded with their heavy salaries and extra grants given by the company.
Below is the list of the top 10 highest-paid CFOs: (Approximate Figures)
- David C. Shiels – Williams Partners – $16,900,000
Shiels became the CFO of Williams Partners in January 2010. Until then, he gave in thirteen years in different regional CFO roles with General Electric subsidiaries, the last as the CFO of GE Security Americas.
- Glen C. Warren Jr – Antero Midstream Partners – $18,300,000
He is not only the CFO of Antero Midstream Partners but also the president and secretary of this company since 2014. Before being a part of Midstream Partners, he worked for Pennaco Energy as the CFO, EVP, and Director; Kidder, Peabody & Co and Dillons Read & Co. Inc. as a natural resources investment banker in the M&A advisory and equity & debt financing departments.
- Michael J. Angelakis – Comcast (former Vice Chairman and CFO) – $18,900,000
Angelakis had been a part of Comcast as the chief financial officer for five years. Also, he is a member of the board of directors of the FRBP (Federal Reserve Bank of Philadelphia).
In 2014, he received a base salary around $1,760,000 restricted stock awards amounting to approximately $4,500,000 as well as $3,850,000 worth of option awards.
- Harvey M. Schwartz- Goldman Sachs Group – $20,200,000
Schwartz became the CFO of Goldman Sachs’ since January 2013. He has been with this company for 18 years. He joined in as a Vice President and then went on to be a part of the board of directors in 1999. Then, he became a partner in the organization in 2002.
- Warren C. Jenson – Acxiom – $26,900,500
The CFO, Executive Vice President and the President of Acxiom International is none other than Warren C. Jenson. He has been a vital part of Acxiom since he joined the organization in 2012. Previously, his positions included COO of Silver Spring Networks and CFO of Electronic Arts Inc.
- Howard Schiller- Valeant Pharmaceuticals – $27,200,000
Schiller has been a part of Valeant Pharmaceuticals since December 2011 as the company’s CFO before he retired in June 2015. He has had an experience of 24 years while working at Goldman Sachs. He was looking after the management and strategy in that organization.
- Grayson T. Lisenby – Rice Energy – $28,900,000
Lisenby a young and rising star, is serving as the CFO and vice president of Rice Energy since 2013 and 2015 respectively. Before that, he worked at Natural Gas Partners as an investment professional. Previously, He worked for Barclays Capital Inc. as an investment banker.
- Safra Ada Catz – Oracle – $37,666,750
The only women to make it to the list is Safra Ada Catz. Catz became the president of Oracle in January 2004 and then went on to become the CFO in April 2011. She also served the organization as an interim CFO between November 2005 and September 2008. All in all, Catz has been with Oracle for about 17 years.
- Patrick Pichette –Google – $43,800,00
Pichette was the CFO and senior vice president for Google since August 2008. He retired in the month of May in 2015. He was then replaced by Ruth Porat, a Morgan Stanley banker. Before signing up for Google, Pichette worked for Bell Canada Enterprises as an executive officer.
- Anthony Noto – Twitter – $72,800,000
Noto has been the CFO role at Twitter since August 2014. Previously, he worked as the managing director for the popular social network. His heavy package, which amounted around a breathtaking figure of $72,800,000, made him the highest paid chief financial officer in the U.S.
Most of the CFOs have a base salary around $125k but their major chunk of income is through the bonus and restricted stocks. Also a heavy compensation amount fill their pockets too.