COO Salary Report - HVAC Services
August 12, 2024
At A Glance
Raw Selection has conducted a salary survey of Chief Operating Officers at Private Equity-backed HVAC services companies across the USA.
COO COMPENSATION IN PE-BACKED HVAC SERVICES FIRMS
We gathered insights from 19 COOs working in Private Equity-backed HVAC services companies. The report breaks down compensation based on company revenue levels.
RESPONDENT BREAKDOWN
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37% from firms under $50M revenue
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37% from firms with $50M–$100M revenue
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26% from firms over $100M revenue
BASE SALARY
Firms < $50M Revenue
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Median: $253,200
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Range: $200,000 – $360,000
Firms $50M–$100M Revenue
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Median: $244,300
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Range: $100,000 – $400,000
Firms > $100M Revenue
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Median: $305,000
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Range: $225,000 – $400,000
BONUS
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85% of COOs at firms <$50M receive a bonus of 50% or less
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85% at firms $50M–$100M receive a bonus of 50% or less
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80% at firms >$100M receive a bonus of 50% or less
EQUITY
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85% of COOs at firms <$50M hold equity
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71% at firms $50M–$100M hold equity
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100% at firms >$100M hold equity
KEY TAKEAWAYS
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Median salary peaks at $305,000 for COOs in firms >$100M.
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Equity participation hits 100% in larger firms, reflecting the strategic value of COOs at scale.
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Bonus levels remain conservative across all bands, with the majority receiving ≤50% bonuses.
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Compensation ranges show strong upside potential, reaching $400,000 across two revenue bands.
GET IN TOUCH
Want to compare your package or looking for a strategic hire?
Contact Mohammed.Vali@Raw-Selection.com
Vice President of Commercial & Residential Services
All the insights in this salary report are provided from our proprietary data
Raw Selection | De-Risking Executive Search for Private Equity firms across Europe and North America.
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