Male chief financial officers at U.S. companies are paid anaverage of 16 percent more than their female counterparts ofsimilar age at companies with comparable market values, accordingto a study.

The report by New York-based GMI Ratings, a corporate governanceconsulting firm, is based on an analysis of salaries of more than1,900 CFOs at Russell 3000 Index companies with a market value of$100 million to $25 billion in 2010. About 150 of the CFOs werewomen.

Female CFOs received on average $1.32 million a year in totalcompensation, compared with $1.54 million for their malecounterparts, according to a model based on the analysis.Compensation included base salary, bonuses, grant-date value ofstock awards and stock option grants and retirement benefits.

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