Before joining Williams Partners as the company’s CFO he spent 13 years in various regional chief financial officer roles with subsidiaries of General Electric. He most recently served as the chief financial officer of GE Security Americas. Before General Electric he spent nine years with Conoco, Inc. in various finance and operational roles. By tying bonuses directly to performance in key areas, companies can motivate CFOs to drive meaningful business impact beyond day-to-day responsibilities. Top CFOs at successful companies can earn annual bonuses equal to % of their base salaries. As you can see, CFO compensation at the largest technology and financial services companies tends to be the highest.
The journey to becoming a general surgeon is long and challenging, but the financial and professional rewards are significant. The role of a CEO is not just about overseeing the company’s operations but also about inspiring and leading the organization towards its goals. “This would bring frontline perspectives into boardroom discussions and improve accountability on decisions relating to pay and corporate culture.” According to the High Pay Centre, the discrepancies between CEO earnings and those of their employees could be improved if more jobs were protected by trade unions, to reduce “intra-firm and societal pay inequality.”
New names for “CFO” are even being proposed, with some calling these executives Chief Future Officer or Chief Frontier Officer. This is the stepping stone position above accountant or CPA that leads to becoming a CFO. This role requires a balance between managing a team of other people and understanding the financial details of the company.
Duke Chief Financial Officer (CFO) Program
Anthony Noto is a well-known financial executive and former NFL executive who currently serves as chief executive officer and the CFO of SoFi (a financial technology company). He has a remarkable career in finance, having worked for some of the world’s largest corporations. Cardiologists are among the highest-paid medical professionals, earning an average salary of $324,760 annually, which is higher than many other medical professions. Nanotechnology is another field with significant growth potential, influencing sectors such as pharmaceuticals, biotechnology, and electronics. The job market in nanotechnology is projected to double every three years, indicating substantial demand for experts in this field. Skilled professionals can expect high earning potential due to the rapid expansion of the industry.
Harvard Medical School
- He also served as Merrill Lynch’s finance director and principal accounting officer responsible for global finance, including worldwide accounting, regulatory reporting, budgeting and corporate business development.
- His monetary awards also included a non-equity incentive plan worth $5,541,892 and “other” compensation valued at $3,285,263.
- They also benefit from insights gathered through trade associations, board members, lenders, and other connections.
In 2021, Musk became the world’s richest person with a net worth of over $200 billion, largely due to his holdings in Tesla. Musk’s salary as CEO of Tesla is relatively modest but he receives a large compensation package in the form of stock options. In 2020, Musk received a stock award worth $2.28 billion, which was the largest CEO compensation package in history. The applications of nanotechnology are vast, from developing new materials and medical treatments to advancing electronic devices. As industries continue to adopt top 5 highest paid chief financial officer over the world nanotechnology, the demand for skilled professionals will increase, offering lucrative job opportunities. Those with expertise in nanotechnology can look forward to a dynamic and rewarding career.
What is the average CEO salary in the USA?
- The median market capitalisation of the companies within each region and within the largest jurisdictions are shown below.
- He was also awarded $2,585,000 in restricted stock and $2,893,000 in option awards.
- As these technologies become more integrated into different sectors, AI and ML specialists can expect significant salary increases and career growth.
- Half of them also indicated that CEOs counted on them to challenge the company’s strategy.
- His responsibilities span overseeing Alphabet’s financial operations, developing growth-centric financial strategies, and providing crucial financial guidance.
Based on geographic region, 59% of the constituents are made up of companies from the Americas, 23% from Europe & Australia and 18% from Asia. In Asia, state-owned enterprises are replaced by other leading Asian companies. We categorise Europe and Australia together as pay practices in Australia has historically lent more on European (particularly the UK) than of Asia. Michael J. Cavanagh currently holds the positions of CFO and President at Comcast Corporation, a Fortune 30 global media and technology giant connecting millions of customers worldwide through its platforms and content. He also served as the CFO at United Airlines, a major global airline, and accumulated 18 years of experience across United and Continental Airlines.
What does a CFO Typically Do?
Becoming a CEO usually requires years of industry experience and advanced qualifications, like an MBA. In 2025, the average annual salary for a CEO is projected to be $310,000, with seasoned CEOs earning between $595,700 and $1,015,900 annually. This not only places the CEO position amongst the highest paying jobs globally but also as one of the most challenging. This article highlights the world’s top paying jobs in 2025, providing a glimpse into roles that reward expertise and responsibility with substantial financial compensation.
Before joining Comcast, he spent over two decades in the financial services sector, including roles as Co-CEO of JPMorgan Chase’s Corporate & Investment Bank and CFO at JPMorgan Chase. John David Rainey holds the esteemed position of Executive Vice President and Chief Financial Officer at Walmart. He oversees the financial operations, corporate strategy, global procurement, and investor relations, driving Walmart’s mission to empower customers worldwide with savings and a better quality of life. He served as CFO of Spotify from 2015 to January 2020 and as CFO of Netflix from 1999 to 2010.
To become a petroleum engineer, one requires a bachelor’s degree in petroleum engineering or a related field, practical experience, and passing a professional engineering licensure exam. Key skills include data analysis, problem-solving, and knowledge of reservoir engineering and drilling technology. To become an anesthesiologist, one must complete a rigorous educational journey, including obtaining a medical degree and board certification. The average annual salary for anesthesiologists is $338,742, reflecting the high level of skill and dedication required for this role. Anesthesiologists must ensure that patients remain pain-free and unconscious throughout surgical procedures, continually monitoring their vital signs to adjust anesthesia levels as needed. Anesthesiologists hold a vital position in the medical field by safeguarding patient safety during surgeries and medical procedures.
His responsibilities span overseeing Alphabet’s financial operations, developing growth-centric financial strategies, and providing crucial financial guidance. Technology companies consistently offer the highest CFO compensation packages due to rapid growth, complex valuation models, and intense competition for talent. Financial services CFOs receive substantial compensation reflecting regulatory complexity and fiduciary responsibilities. Healthcare and biotechnology CFOs command premium packages due to regulatory expertise requirements and capital-intensive business models.