Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Chief finance and operating officer salary
Average chief finance and operating officer salary
$166,139
Understanding Chief Finance and Operating Officer Salaries
The average salary for a Chief Finance and Operating Officer (CFOO) stands at $166,139 per year. This figure varies based on factors such as experience, industry, and geographic location. CFOOs often oversee financial operations, strategic planning, and risk management within organizations.
Salary Variations by State
Different states offer varying compensation levels. For example, CFOOs in states like California and New York tend to earn higher salaries due to the cost of living and demand for experienced leaders.
Top Paying Industries
Industries such as finance, healthcare, and technology frequently offer the highest salaries for CFOOs. In these sectors, the role is critical for ensuring financial sustainability and driving growth.
Job Opportunities
For those pursuing a career as a CFOO, opportunities abound across various organizations, from startups to large corporations. The combination of strategic financial oversight and operational management makes this role essential in achieving organizational success.
Let Zippia find your next chief finance and operating officer job
Let Zippia find your next chief finance and operating officer job
Where can a Chief Finance And Operating Officer earn more?
Average chief finance and operating officer salary by state
The highest-paying states for chief finance and operating officers are California, New York, and Nevada. The lowest average chief finance and operating officer salary states are Oklahoma, Arkansas, and Wyoming.
- State view
- County view
Highest paying states for chief finance and operating officers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $153,718 | $73.90 |
| 2 | Nevada | $150,123 | $72.17 |
| 3 | California | $155,784 | $74.90 |
| 4 | Massachusetts | $143,670 | $69.07 |
| 5 | Virginia | $139,547 | $67.09 |
| 6 | New Jersey | $140,842 | $67.71 |
| 7 | Connecticut | $141,408 | $67.98 |
| 8 | Illinois | $136,881 | $65.81 |
| 9 | North Carolina | $133,346 | $64.11 |
| 10 | North Dakota | $127,932 | $61.51 |
| 11 | Arizona | $131,414 | $63.18 |
| 12 | Ohio | $134,857 | $64.84 |
| 13 | Tennessee | $127,499 | $61.30 |
| 14 | Maryland | $141,204 | $67.89 |
| 15 | Wisconsin | $128,299 | $61.68 |
| 16 | Vermont | $130,920 | $62.94 |
| 17 | Texas | $127,397 | $61.25 |
| 18 | Michigan | $129,478 | $62.25 |
| 19 | Pennsylvania | $125,980 | $60.57 |
| 20 | Maine | $127,282 | $61.19 |
| 21 | South Carolina | $128,343 | $61.70 |
| 22 | Indiana | $126,456 | $60.80 |
| 23 | Rhode Island | $123,912 | $59.57 |
| 24 | Minnesota | $124,396 | $59.81 |
| 25 | Delaware | $124,404 | $59.81 |
| 26 | New Hampshire | $126,188 | $60.67 |
| 27 | District of Columbia | $130,994 | $62.98 |
| 28 | New Mexico | $124,462 | $59.84 |
| 29 | Alabama | $120,611 | $57.99 |
| 30 | West Virginia | $120,024 | $57.70 |
| 31 | Washington | $117,940 | $56.70 |
| 32 | Utah | $120,945 | $58.15 |
| 33 | Colorado | $116,559 | $56.04 |
| 34 | Idaho | $112,330 | $54.00 |
| 35 | Florida | $121,431 | $58.38 |
| 36 | Louisiana | $118,242 | $56.85 |
| 37 | Missouri | $115,328 | $55.45 |
| 38 | Kentucky | $114,501 | $55.05 |
| 39 | Oregon | $115,500 | $55.53 |
| 40 | Alaska | $121,546 | $58.44 |
| 41 | Kansas | $116,026 | $55.78 |
| 42 | Georgia | $110,832 | $53.28 |
| 43 | Mississippi | $110,852 | $53.29 |
| 44 | Iowa | $112,548 | $54.11 |
| 45 | Nebraska | $104,468 | $50.23 |
| 46 | Arkansas | $109,383 | $52.59 |
| 47 | Wyoming | $107,038 | $51.46 |
| 48 | Oklahoma | $109,759 | $52.77 |
| 49 | South Dakota | $102,876 | $49.46 |
| 50 | Hawaii | $112,479 | $54.08 |
| 51 | Montana | $99,563 | $47.87 |
Highest paying cities for chief finance and operating officers
The highest-paying cities for chief finance and operating officers are Foster City, CA, New York, NY, and Boston, MA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Foster City, CA | $174,277 | $83.79 |
| 2 | New York, NY | $169,803 | $81.64 |
| 3 | Boston, MA | $155,811 | $74.91 |
| 4 | Stamford, CT | $151,367 | $72.77 |
| 5 | Baltimore, MD | $150,667 | $72.44 |
| 6 | Springfield, VA | $149,386 | $71.82 |
| 7 | Chicago, IL | $145,143 | $69.78 |
| 8 | Charlotte, NC | $140,463 | $67.53 |
| 9 | Cincinnati, OH | $138,650 | $66.66 |
| 10 | Washington, DC | $136,913 | $65.82 |
| 11 | Taylor, MI | $134,813 | $64.81 |
| 12 | Appleton, WI | $134,045 | $64.44 |
| 13 | Dallas, TX | $131,931 | $63.43 |
| 14 | Minneapolis, MN | $127,455 | $61.28 |
| 15 | Seattle, WA | $120,472 | $57.92 |
| 16 | Eugene, OR | $119,647 | $57.52 |
| 17 | Denver, CO | $118,679 | $57.06 |
| 18 | Milton, GA | $114,697 | $55.14 |
| 19 | Lincoln, NE | $105,651 | $50.79 |
Chief finance and operating officer salary details
A chief finance and operating officer's salary ranges from $87,000 a year at the 10th percentile to $314,000 at the 90th percentile.
What is a chief finance and operating officer's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $314,000 | $26,167 | $151 |
| 75th Percentile | $232,000 | $19,333 | $112 |
| Average | $166,139 | $13,845 | $80 |
| 25th Percentile | $118,000 | $9,833 | $57 |
| 10th Percentile | $87,000 | $7,250 | $42 |
Highest paying chief finance and operating officer jobs
The highest paying types of chief finance and operating officers are president/chief executive officer, executive vice president, and president & chief operating officer.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Controller, Vice President | $161,965 | $13,497 | $77.87 | 67,401 |
| Corporate Vice President | $165,788 | $13,816 | $79.71 | 69,051 |
| Director Of Administration & Finance | $109,366 | $9,114 | $52.58 | 80,486 |
| Director Of Operations And Finance | $118,503 | $9,875 | $56.97 | 186,569 |
| Vice President And Manager | $142,496 | $11,875 | $68.51 | 45,981 |
| Finance Director | $118,518 | $9,877 | $56.98 | 90,012 |
Top companies hiring chief finance and operating officers now:
Which companies pay chief finance and operating officers the most?
Chief finance and operating officer salaries at University of Nebraska at Omaha and John Hardy are the highest-paying according to our most recent salary estimates. In addition, the average chief finance and operating officer salary at companies like Kroger and Interstate Moving are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | University of Nebraska at Omaha | $200,329 | $96.31 |
| 2 | John Hardy | $179,226 | $86.17 |
| 3 | Kroger | $177,760 | $85.46 |
| 4 | Interstate Moving | $177,056 | $85.12 |
| 5 | T. Rowe Price | $176,918 | $85.06 |
| 6 | *n/a* | $176,290 | $84.75 |
| 7 | Robert Half | $173,490 | $83.41 |
| 8 | Commonwealth | $171,636 | $82.52 |
| 9 | Twomey | $170,976 | $82.20 |
| 10 | CliftonLarsonAllen | $164,000 | $78.85 |
| 11 | Scotiabank | $156,677 | $75.33 |
| 12 | MongoDB | $154,385 | $74.22 |
| 13 | National Asian Pacific American Women's Forum | $142,037 | $68.29 |
| 14 | Equitable Holdings | $137,641 | $66.17 |
| 15 | City of Baltimore | $132,427 | $63.67 |
| 16 | Citizens' Housing and Planning Association | $129,815 | $62.41 |
| 17 | Dartmouth | $125,158 | $60.17 |
| 18 | Bank of America | $113,106 | $54.38 |
| 19 | Raytheon Technologies | $105,993 | $50.96 |
| 20 | Metropolitan State University of Denver | $98,178 | $47.20 |
Wage gap by gender, race and education
Chief Finance And Operating Officer salary by industry
The average chief finance and operating officer salary varies across industries:
- The average chief finance and operating officer salary in the internet industry is $163,246, the highest of any industry.
- The average chief finance and operating officer salary in the finance industry is $161,808.
- Chief finance and operating officers in the health care industry earn an average salary of $148,417, the lowest of any industry.
Highest paying industries for chief finance and operating officers
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Internet | $163,246 | $78.48 |
| 2 | Manufacturing | $161,808 | $77.79 |
| 3 | Finance | $160,141 | $76.99 |
| 4 | Start-up | $157,703 | $75.82 |
| 5 | Insurance | $154,743 | $74.40 |
| 6 | Professional | $149,590 | $71.92 |
| 7 | Health Care | $148,417 | $71.35 |
High paying chief finance and operating officer jobs
Chief finance and operating officer salary trends
The average chief finance and operating officer salary has risen by $33,456 over the last ten years. In 2014, the average chief finance and operating officer earned $132,683 annually, but today, they earn $166,139 a year. That works out to a 10% change in pay for chief finance and operating officers over the last decade.
Compare chief finance and operating officer salaries for cities or states with the national average over time.
Average chief finance and operating officer salary over time
Compare chief finance and operating officer salaries for individual cities or states with the national average.
Chief finance and operating officer salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $166,000 | $79.87 | +3.2% |
| 2025 | $161,000 | $77.32 | +1.5% |
| 2024 | $158,000 | $76.19 | +2.3% |
| 2023 | $155,000 | $74.46 | +2.7% |
| 2022 | $151,000 | $72.48 | +3.1% |
Recently added chief finance and operating officer salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Get It-Executive | Chief Financial Officer (CFO)/Chief Operating Officer (COO) | New York, NY | 06/29/2025 | $179,000 |
| State of North Dakota | Deputy Chief Financial Officer and Chief Operating Officer | Bismarck, ND | 06/25/2025 | $110,000 |
| Hire Integrated | Confidential Coo/Cfo | Provo, UT | 06/25/2025 | $200,000 |
| Spano Pratt | Cfo/Coo-Special Olympics Wisconsin | Madison, WI | 06/18/2025 | $125,000 |
| State of North Dakota | Chief Financial and Operating Officer | Bismarck, ND | 05/31/2025 | $130,000 |
| Arsenault Dermatology | Dual-Role Healthcare Coo/Cfo-Dermatology | Bradenton, FL | 05/30/2025 | $180,000 |
| Get It-Executive | Chief Financial Officer (CFO)/Chief Operating Officer (COO) | New York, NY | 05/26/2025 | $179,000 |
| Bank of America | Business Strategy and Initiatives Manager-CFO COO Governance | Charlotte, NC | 05/18/2025 | $127,300 |
| Crossroads School for Arts Sciences | Chief Financial and Operating Officer | Santa Monica, CA | 05/16/2025 | $300,000 |
| State of North Dakota | Chief Financial and Operating Officer | Bismarck, ND | 04/25/2025 | $130,000 |
Chief finance and operating officer salary FAQs
Search for chief finance and operating officer jobs