COO Salary Report - HVAC Services

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 Salary Report

 

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

  • 37% from firms under $50M revenue

  • 37% from firms with $50M–$100M revenue

  • 26% from firms over $100M revenue


BASE SALARY

Firms < $50M Revenue

  • Median: $253,200

  • Range: $200,000 – $360,000

Firms $50M–$100M Revenue

  • Median: $244,300

  • Range: $100,000 – $400,000

Firms > $100M Revenue

  • Median: $305,000

  • Range: $225,000 – $400,000


BONUS

  • 85% of COOs at firms <$50M receive a bonus of 50% or less

  • 85% at firms $50M–$100M receive a bonus of 50% or less

  • 80% at firms >$100M receive a bonus of 50% or less


EQUITY

  • 85% of COOs at firms <$50M hold equity

  • 71% at firms $50M–$100M hold equity

  • 100% at firms >$100M hold equity


KEY TAKEAWAYS

  • Median salary peaks at $305,000 for COOs in firms >$100M.

  • Equity participation hits 100% in larger firms, reflecting the strategic value of COOs at scale.

  • Bonus levels remain conservative across all bands, with the majority receiving ≤50% bonuses.

  • 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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