CFOs See Pay Growth Slow (WSJ)

Compensation for S&P 500 finance chiefs increased 2.1% in 2011.

CFOs saw their compensation grow more slowly last year. Median compensation for S&P 500 finance chiefs increased 2.1%, to $3.3 billion, down from the 17% surge in 2010, according to a study by the Wall Street Journal. That compares with the 2.8% increase in CEO pay for 2011.

According to the Journal, Michael Angelakis, the CFO of Comcast, was the most highly compensated CFO among S&P 500 companies, earning $21.9 million last year.

 

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