The continuous financial manager rotates, higher salaries for financing heads

In 2024, the increased basic salary of financial managers was 4 %, while executives did not see any change – in 2023. In 2022, the average base increases were 3.8 % for financial managers and 2.9 % for executives.

“We expected salary increases to go down, given the labor market,” Kelly Malvis, the founding partner in Cap. “But the increases in salaries will remain constant for financial managers.”

This stability is driven by High rotation rate Because of retirement or departure and strong demand for financial heads. The role of the financial manager remains a leading leaders and a strategic partner, which contributes to higher salaries, according to CAP.

Where companies face challenges such as Cyber ​​security and Implementation of artificial intelligenceMalvis said that the Malians have become essential to these strategies. She said that the organizations are seeking to obtain financial heads with skills to deal with this, in addition to the basic financial experience to prepare for the future.

If we look back in 2024, some appointments include a prominent financial manager that comes to mind the employment of alphabet’s Anat ashkenazi From the role of the financial manager in Eli LilyBring it as head of financing for the technology company. Sarah escapedThe former CEO of Nextdooor and CFO joined Square, to Openai. Karen Parkahil Become financial manager HPComing from Medtronic. These are just some prominent examples.

CAP analysis found that for the executives of the data group who received a stumbling block for their salary, the average increase was 5.7 % for financial managers and 4.1 % for executives. In the previous year, the increase in the average financial managers was 5 %, and 5.1 % per year before. Likewise, CAP does not expect a significant decrease in the salary of the financial manager who is increasing next year.

Lti direction

Although the financial manager is currently witnessing a greater salary increase for executives, the CEOs are still leading in a total compensation, according to CAP data. Over the past decade, the average compensation of the total financial manager reached about 33 % of the CEO compensation, the company’s research appears. Roman Pelletta, CAP, said the average period of these positions is usually about seven years. “Every time there is a reset, you are a kind of tape reset again,” he said. “That is why this percentage remains around a third.”

In public companies, long -term incentives (LTIS) are usually delivered to CEOs through restricted shares, stocks or stocks that are tested in performance. “One of the trends we highlighted is the decrease in the number of companies that use all three vehicles,” Pelletta said. Five years ago, 33 % of the companies included in the three survey were used, compared to only 22 % today.

Performance -based stock plans remain the largest LTIS component of both financial manager and executives. LTI awards increased by 7 % on average for financial managers and 5 % for executives in 2024. Over the past decade, LTI awards have grown by 6 % annually for both roles.

The reward payments in 2024 increased by 2.6 % for executives and 5 % for financial managers in 2024. The total direct compensation increased by 3.5 % for executives and 6 % for financially, mainly due to long -term incentive prizes.

With the high demand for skilled financing leaders, the financial manager’s compensation is expected to remain strong.

Leaders

Fortune 500 power moves

Jesus “Jay” Malaf EVP and CFO are set from Boeing ((No. 63), As of August 15. Braian West, who has held the position of financial manager in Boeing over the past four years, will become a great advisor to the President of Boeing and CEO Kelly Orberg. Malav was recently financial director Lockheed Martin and before that held SVP and CFO positions at L3Harris Technologies. He spent more than 20 years at UNIDOLOGIES CORPORORION, including Vice President and Finance Director of Carrier Corporation when it was an UTC operating unit, Vice President and Financial Manager at UTC Aerospace Systems.

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More noticeable movements

Pierre Revol Financial Director has been appointed FrontView Reit, Inc. (NYSE: FVR), as of July 21. Revol brings more than 20 years of experience. Recently, he held the position of SVP for capital markets in Cyrusone. Before that, Revol was a SVP to finance companies and investor relations at Spirit Realty Capital, Inc. Previously, pure find.

Mark Grasso Financial Director has been appointed Kyverna Therapeutics, Inc. (Kyverna, Nasdaq: Kytx), a vital pharmaceutical company for the clinical stage, as of June 30. Grasso brings more than 25 years of experience in the company. He succeeds Ryan Jones, who will move to the role of a strategic advisor. Recently, Grasso held the position of financial manager of Alcort, Inc.

A big deal

Tomson, Reuters, a global content and technology company, has released it 2025 Report future professionalsDisclosure of a big gap between organizations with formal artificial intelligence strategies and those not.

Depending on the visions of 2,275 professionals in risk, risks, compliance, accounting, review, and global trade, the report finds that organizations that have Amnesty International’s international strategy are likely to be more likely to be twice the growth of revenue from artificial intelligence and 3.5 times more to achieve critical artificial intelligence benefits, compared to the absence of significant accreditation plans.

Despite these advantages, only 22 % of respondents say their organizations have a clear strategy of artificial intelligence. As a result, many companies may risk giving up returns and competitive growth, according to Thomson Reuters.

deepen

How do private stock companies deal with definitions? a report In Warton Business Magazine. The customs tariff disorders of private stock investors provide opportunities to acquire the assets that are less than their value, but they also challenge their dependence on profits, according to WHARTON’s Burcu Esmer.

Hearing

“The future of cooperation is not a man against a machine, but the man with The machine – in an open and visual process where each shareholder can see, learn from it, and is fairly evaluated for their efforts. “

– David Ferrucci, Managing Director of the non -profit institute of the advanced institution AI at the Global Enterprise Center, written in New luck Category.