The compensation for a Chief Financial Officer (CFO) at Ford Motor Company is estimated to be between $299,000 and $558,000 per year in total pay. This total compensation package includes both base salary and additional forms of pay.
Understanding CFO Compensation at Ford
The remuneration for a CFO at Ford encompasses various components designed to attract and retain top-tier financial leadership. These typically include:
- Base Salary: This is the fixed component of the compensation paid regularly, regardless of performance. For a CFO at Ford, the average base salary is around $223,000 per year.
- Additional Pay: This can include a variety of incentives such as bonuses, stock options, profit sharing, and other forms of variable compensation tied to individual and company performance. The inclusion of this additional pay significantly expands the total compensation beyond the base salary.
The estimated range reflects the varying experience levels, responsibilities, and performance metrics that can influence a CFO's overall earnings at a major corporation like Ford.
Compensation Breakdown for a Ford CFO
To provide a clearer picture, here's a summary of the estimated annual compensation for a Chief Financial Officer at Ford:
Compensation Type | Estimated Annual Amount | Details |
---|---|---|
Total Pay Range | $299,000 – $558,000 | Includes base salary and all additional pay. |
Average Base Salary | $223,000 | The fixed annual salary component, before bonuses. |
This structure ensures that the compensation is competitive within the automotive industry and rewards the significant responsibilities associated with overseeing Ford's financial operations.