Thursday, June 30, 2011

Corporate Finance Chiefs' Pay Up 19%

"Chief financial officers are taking on more responsibility and getting paid more for it, as their companies come off a successful year, The Wall Street Journal reported on Thursday. The 2010 median salaries of CFOs for S&P 500 companies increased by 19 percent from a year earlier to $2.9 million, the paper's survey showed. Pay fell 5 percent in 2009 from 2008."

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