CFO Management: The Three Bottlenecks Facing CFO

Under the dual impetus of building pparent and credible capital environment and healthy corporate governance, and the growth of IPO, overseas acquisitions and investment and financing demand, CFO has become a highly favored market talent. The CFO that comes from it is only taken as a combination of value and resource management, capital and capital operation, evaluation and control.

According to a survey, the average salary of CFO in the S & P 500 company increased by 19% to $2 million 900 thousand in 2010.

According to the survey, the CFO pay of the S & P 500 companies is very different, ranging from the lowest 600 thousand US dollars to the highest 60 million US dollars, of which five CFO received more than 20 million US dollars in 2010.

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The rise in pay reflects the growing influence of some CFO, who often hold many important positions.

Last year, the two highest paid CFO were Thomas Dooley, the chief financial officer of Viacom, and Stephen Char, chief financial officer of Occidental Petroleum Company (Stephen Chazen).

Dudley paid nearly $65 million in the first nine months of last year.

Many of them, of course, also assume other duties than their jobs.

The remuneration consultant pointed out that in the past 10 years, the salary level of CFO has gradually increased with the increase of responsibilities. Many of the CFO surveyed also served as vice president and chief accountant.

Of course, the growth of CFO pay is positively synchronized with the growth of corporate earnings and stock market performance. It is reported that the average annual return of shareholders of these enterprises is 21%.

At the same time, Chinese local companies

Salaries are also rising.

After studying the first 10 listed companies in China card 100, the first batch of 28 listed companies on GEM and the 10 listed companies on the Hongkong stock exchange in 2010, we found that the salaries of these companies were also increasing.

Take China wind power CFO Wei Yuqiang as an example. Its annual salary has surged from 3 million 145 thousand yuan in 2009 to $1, or more than 1 times.

It should be said that the professionalization process of CFO has accelerated the embodiment of its value in money.

Under the promotion of pparent and credible capital environment and healthy corporate governance, as well as the dual growth of IPO, overseas acquisitions and investment and financing demand, CFO has become a favored market talent. Not only is CFO as a combination of value and resource management, capital and capital operation, evaluation and control, but gradually it has been attached importance to and joined in the strategic team.

However, what is not optimistic is that compared to some of them have entered the front desk.

The CFO of the left and right hands, and most of CFO still work quietly in the background.

For example, cases of replacing CEO by CFO abroad are common.

Deng Chuanzhou, deputy director of the CFO research center of National Accounting Institute, commented a few years ago that "about 500 of fortune's top companies, about CEO of 1/3, have done CFO and similar roles.

It can be said that it has become a trend of management to take over CEO from CFO. "

But in China, though Cao Guowei has been promoted from sina CFO to CEO, the probability is very low.