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Re: Dclark, CFO's salaries typically

By: tfwg in IDCC | Recommend this post (0)
Fri, 06 Jan 12 7:22 PM | 307 view(s)
Boardmark this board | InterDigital Communications 		Msg. 44205 of 48237
(This msg. is a reply to 44193 by DCLARKE)
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rank in the top 5 of a company. It's a great deal and the financial analysis is fun.

Question: how many shareholders have screemed for the head of the CFO because a company failed to successfully meet its goals?

Answer: None.

In the largest of companies, outside of accounting, finance, tax, the CFO may have HR, facilities, and possibily some other G&A departments. But Research, Marketing, Sales, Manufacturing, QA, etc. all report to the COO and CEO.

Being a CFO is a great gig because of the low risk.

Just saying...

Best,

Bob




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"The world is a dangerous place to live�not because of the people who are evil, but because of the people who don't do anything about it." �Albert Einstein


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The above is a reply to the following message:
Re: 8K information on compensation - I always tell my children: The BEST scam in the world is being a CFO. The cash they award themselves for doing practically NOTHING is best kept secert
By: DCLARKE in IDCC
Fri, 06 Jan 12 3:30 AM 		Msg. 44193 of 48237

Imo your opinion shows that you have very little knowledge of how large businesses work. Interdigital is not a very good example of a complex situation for a CFO but that does not mean it is an easy job. I have always thought that having a good CFO is more important than even the CEO as the CFO really manages the business. I think your advice to your kids is off base.

dclarke

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