INFORMS Open Forum

New Research Finds When CFO is Hired After CEO, CEO Earnings Increase by About 10%

  • 1.  New Research Finds When CFO is Hired After CEO, CEO Earnings Increase by About 10%

    Posted 08-27-2020 13:32

    CATONSVILLE, MD, August 27, 2020 – It's no secret that company chief executive officers (CEOs) are getting hefty yearly salaries. CEO compensation has grown by 940% since 1978, compared to a mere 12% increase for employees during that same time frame. New research in the INFORMS journal Management Science finds CEO's compensation climbs if they appoint a chief financial officer (CFO). 

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    Ashley Smith
    Public Relations Specialist
    INFORMS
    Catonsville MD
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