5 takeaways from CEO and CFO compensation report
07/23/24 at 03:00 AM
5 takeaways from CEO and CFO compensation report
Becker's Hospital Review; by Kristin Kuchno; 7/17/24
Compensation Advisory Partners' July 12 report highlighted compensation trends for CFOs and CEOs in 2023, based on data from 132 companies, including those in the healthcare sector, with a median revenue of $14.6 billion. Here are the key takeaways:
- Nearly three in four CFOs and half of CEOs received base salary increases. ...
- The median change in base salary held stead for CFOs, while increases were flat for CEOs. ...
- Long-term incentive awards increased at a higher rate than last year. ...
- Total cash compensation in healthcare aligned with industries. ...
- Amid compensation trends, CFO turnover remains higher than CEO turnover. ...