Raw Selection recently conducted a thorough salary report focusing on Chief Financial Officers within the HVAC Services sector, particularly those backed by Private Equity firms. Here’s a detailed breakdown of our findings across different revenue brackets:

<$50M REVENUE:

For companies with revenue below $50 million, CFO salaries ranged from $160,000 to $300,000 annually, with a median salary of $212,500. In terms of bonuses, 68% of CFOs in this category received under 50% of their base salary, though some bonuses reached up to 100%. Additionally, a substantial 81% of CFOs had an equity stake in their organizations, reflecting a strong alignment of interests between the executives and the company’s long-term goals.

 

$50M-$150M REVENUE:

In the $50 million to $150 million revenue range, CFO salaries varied from $100,000 to $400,000, with a median salary of $276,053. Bonuses in this bracket were similar to the lower revenue category, with 68% of CFOs receiving under 50% of their base salary, and the highest bonus reported at 100%. Equity participation decreased slightly, with 63% of CFOs receiving an equity stake in their companies.

 

$150M< REVENUE:

For companies generating over $150 million in revenue, CFO salaries ranged from $150,000 to $415,000, yielding a median salary of approximately $285,706. The bonus structure in this higher revenue category showed more variability, with 29% receiving under 50% of their base salary and bonuses going up to 200%. Equity stakes were prevalent in this segment, with 71% of CFOs holding equity, underscoring the importance of long-term incentives in attracting and retaining top executive talent.

 

KEY TAKE AWAYS:

These insights are vital for both current CFOs assessing their compensation packages and Private Equity firms aiming to attract top-tier executives in the HVAC Services market. For a deeper discussion or to explore how these findings can be applied to your situation, please reach out to us at Raw Selection.

 

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.