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It was a year of layoffs and austerity, of high unemployment and outrage over executive pay. So in 2009, CFO compensation could be expected to fall, right? But last year also saw increases in corporate profits and GDP growth, not to mention an unexpectedly strong stock market rebound. As a result, despite all the bad news, connecting the dots on last year’s trends in compensation shows an erratic sense of direction. And though there’s talk of increases across the board in everything from salaries to the value of long-term stock awards, complex factors could yield surprises in 2010 as well.

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