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A curated selection of executive opportunities, industry highlights, and unique insights in executive search.

    Executive Compensation Highlight: Chief Financial Officer, Northeast, Publicly Traded Biotech & Life Sciences


    A recently completed search for a Chief Financial Officer for a Boston-based publicly-traded (NASDAQ) biotech & life sciences company in the clinical stage of drug therapeutics presented the following executive compensation insights:

    the Highlights:

    • Title: Chief Financial Officer (CFO)
    • Ownership Structure: Publicly Traded (NASDAQ)
    • Industry:  Biotech, Life Sciences
    • Location: Northeast, USA

    As executive search consultants, a by product of our expertise is creating a wealth of knowledge on executive compensation.

    When we complete an assignment, we aggregate the compensation data we have collected across the search, and share it with the executive talent community from which it came. In this case, we conducted a CFO search for a publicly-traded biotech company in the clinical stage of drug therapeutics in the Northeast.

    To support our talent strategy, we focused on the target talent pool comprising those who either currently or in recent past roles held titles of CFO, SVP, Finance Director and a host of related senior financial roles with specific experience in in clinical stage drug therapeutics and biotech. 

    Executive Compensation Survey Data - CFO


    Bonus Structures:

    As a multiple of base salary vs. as a fraction of base salary


    CFO Executive Compensation Survey tabular Data:

      Base Bonus Total Comp Bonus as % Base
    Average 342,000 138,000 480,000 38%
    Median 337,000 146,000 490,000 40%
    Bottom Quartile 317,000 118,000 422,000 30%
    2nd Quartile 337,000 146,000 490,000 40%
    3rd Quartile 368,000 158,000 515,000 45%
    Top Quartile 412,000 206,000 618,000 50%


    Interested in more executive compensation highlights? Review our findings here and sign up for updates as we release new findings.

    Get Access to BSG's Exec Comp Collection

    -by Clark Waterfall on Jun 18, 2020 12:17:43 PM


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