CFO compensation less than half of CEO pay, study finds

"Reductions in executive pay have been necessary across sectors and industries in order for companies with pinched cash flow to keep financially viable, but also to reinforce a sense of solidarity with employees outside the C-suite," Judy Canavan, Managing Director of BDO's Global Employer Services, said. "With ever more scrutiny on executive pay, companies that have eschewed making compensation changes at the C-level may face blowback from stakeholders and employees during what is an already volatile and unstable time." READ MORE