COOs are integral to a company’s functionality and profitability—are they being paid accordingly? Some of our findings:
- Median total compensation for S&P 1500 COOs fell 11.7% in 2009, but bonuses were up a solid 14.5%.
- Utilities COOs had the highest median total pay. However, every industry saw a decrease in median total pay, with the biggest drop, 23.4 percent, in the Industrial Goods sector.
- While a majority of 2008 equity awards are underwater, those receiving grants in early 2009 saw major gains in intrinsic value.
2010 COO Pay Strategies Report