BSG Executive Search Blog

Executive Compensation Highlight: Chief Financial Officer, Mid-Atlantic, Franchised Food Service

Written by Clark Waterfall | Jul 7, 2020 5:27:00 PM

A recently completed search for a Chief Financial Officer for a private equity-backed, Mid-Atlantic-based retail food service company presented the following executive compensation insights:

the Highlights:

  • Title: Chief Financial Officer (CFO)
  • Ownership Structure: Investor-backed in Growth Mode
  • Industry:  Retail Food Service, Franchised
  • Location: Mid-Atlantic 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, in Q1, 2020 we conducted a CFO search for a private equity-backed company in the franchised retail food service industry.

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, VP Finance, and a host of related senior operational roles in the finance and accounting functions.

Executive Compensation Survey Data - CFO, Mid-Atlantic, Q1 2020

Bonus Structures:

As a percentage of base salary.

 

CFO Executive Compensation Survey tabular Data:

  Base Bonus Total Comp Bonus as % Base
Average 247,000 50,000 283,000 23%
Median 238,000 50,000 288,000 21%
Bottom Quartile 200,000 46,000 231,000 20%
2nd Quartile 238,000 50,000 288,000 21%
3rd Quartile 271,000 54,000 324,000 29%
Top Quartile 500,000 75,000 500,000 35%

 

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