CFO Salary Report - HVAC Services

CFO Salary Report - HVAC Services

March 25, 2025

At A Glance

CFO's are vital to any organization. Understanding their compensation needs is essential for hiring top talent

CFO Salary HVAC Services

CFO COMPENSATION IN PE-BACKED FIRMS

We gathered insights from 46 CFOs working in Private Equity-backed companies. The report breaks down compensation based on company revenue levels.


RESPONDENT BREAKDOWN

  • 37% from firms under $50M revenue

  • 43% from firms with $50M–$150M revenue

  • 19% from firms over $150M revenue


BASE SALARY

Firms < $50M Revenue

  • Median: $222,000

  • Range: $160,000 – $350,000

Firms $50M–$150M Revenue

  • Median: $250,900

  • Range: $100,000 – $325,000

Firms > $150M Revenue

  • Median: $323,000

  • Range: $200,000 – $450,000


BONUS

  • 76% of CFOs at firms <$50M receive a bonus of 50% or less

  • 95% at firms $50M–$150M receive a bonus of 50% or less

  • 77% at firms >$150M receive a bonus of 50% or less


EQUITY

  • 76% of CFOs at firms <$50M hold equity

  • 60% at firms $50M–$150M hold equity

  • 66% at firms >$150M hold equity


KEY TAKEAWAYS

  • Median compensation rises significantly in larger firms, peaking at $323,000 for CFOs in firms >$150M.

  • Equity participation is strong across all firm sizes, but slightly dips in the mid-market.

  • Bonus structures remain conservative, especially in the $50M–$150M bracket where 95% of CFOs earn 50% or less.

  • The highest earners across all firm sizes are pulling in up to $450,000 base, excluding bonus and equity.


GET IN TOUCH

Want to compare your package or looking for a strategic hire?
Contact Mohammed.Vali@Raw-Selection.com
Vice President of Commercial & Residential Services

All the insights in this salary report are provided from our proprietary data.

Raw Selection | De-Risking Executive Search for Private Equity firms across Europe and North America.

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