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CEO vs COO vs CFO – Salaries

The salaries of C-suite (CEO, COO, and CFO) executives vary depending on a number of factors. While they are all the senior most positions at a company, their roles vary depending on their functions, skills, and expertise. Their salaries are also highly dependent on the size of the company, their own experience, the industry, the kind of company, etc. And all this varies from country to country.

Salaries of CEO vs COO vs CFO

Here is a look at the average salaries for a CEO, COO, and CFO in different countries;

In USA

According to an Indeed report from January 30, 2023, the average base CEO salary is $128,740 per year in the US. While the average COO salary is $132,534 per year. And, the average base CFO salary is $145,016 per year.

In India

According to PayScale, in a report from January 30, 2023 the average base CEO salary in India is ₹2,992,503 per year. In a December 09, 2022 report, the average base COO salary is ₹2,502,523 per year. A report dated the same day, February 03, 2021, says that the average base CFO salary in India is ₹3,541,126 per year.

In Luxembourg

According to an article by U.S.News, Luxembourg has been in the number 1 position in Open for Business rankings. And, while it is one of the smallest countries in the world, it is one of the wealthiest. According to a January 30, 2023 update made by PayScale, the average base salary for a CEO is €143,104
per year. The average base salary for a COO is €234,406 per year according to SalaryExpert in an article updated on January 30, 2023. And according to Glassdoor, on February 03, 2023, the average base CFO salary is €57,000 per year.

In Hong Kong

According to a PayScale update on January 31, 2023, the average base CEO salary in Hong Kong is HK$1,746,997 per year. On Glassdoor, a COO’s average base salary is HK$1,650,000 per year as of February 01, 2023. And, in a January 18, 2023 report, the average salary for a CFO is HK$1,424,311, according to PayScale.

In Brazil

In Brazil the average base salary for a CEO is R$581,588 per year according to a PayScale report from February 07, 2021. According to a September 03, 2020 update, the average base COO salary is R$800,000. And, the average base CFO salary is R$420,000 according to a report from January 20, 2023.

In Singapore

In Singapore, CEOs take home an average base salary S$243,456 as per an update on January 23, 2023. COOs get an average base salary of S$203,762 according to an update made on February 14, 2021, and the average base CFO salary is S$239,017 as per a January 23, 2023 update.

In Canada

In an update on January 23, 2023, Indeed recorded the average salary for a CEO as C$138,164 per year. While PayScale recorded the average base salary for COO to be C$112,673 per year on November 30, 2022, and the average base CFO salary to be C$142,383 in an update on January 11, 2023.

Read: CEO Salaries: What CEOs Get Paid in Different Countries

Summary

This is an overview of how each position is valued across the world. These salaries could fluctuate due to a number of reasons, but it remains certain that the three positions are among the top most at any company. And any change in value might not be very drastic when compared to the other.

Read: CEO vs COO vs CFO – Roles and Responsibilities

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