How much does a CFO typically earn?

The average annual salary for a chief financial officer (CFO) ranges from low to mid-six figures, with additional compensation in the form of stock options. Reported average annual salaries for CFOs vary widely, with the Bureau of Labor Statistics reporting an average annual salary of $197,840 for all C-suite level employees in 2020. The top-earning CFOs can receive total annual compensation packages exceeding seventy million. Stock options typically make up one to three percent of a CFO‘s pay, tying their compensation to the organization‘s performance. According to the Bureau of Labor Statistics, the top-paying states for chief executives include South Dakota, New Jersey, District of Columbia, Connecticut, and Washington.