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CFO Pay Heads Up

With a surge in cash bonuses, pay packages return to pre-meltdown levels and then some.

By Anne Field | Updated on May 02, 2011

Sometimes, the unexpected is a really good thing. That’s certainly true for CFO compensation. Thanks to a surprise increase that pushed the stock market back toward pre-crash levels, along with remarkably robust corporate results, executive pay seems to have fared very nicely in 2010—a far cry from 2009, when the total compensation trajectory wobbled as it rose only slightly. Depending on performance, the upward trend should continue, while compensation components should look a lot more like the packages seen before the market meltdown.

“If I could fly a banner, it would read ‘return to tradition,’” says Randy Ramirez, Northeast practice leader for the compensation and benefits practice at BDO, a Chicago-based tax and financial services consulting firm.

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