Director and Sr Director Comp at Fortune 100?
Can anyone give a rough estimate as to what Director and Senior Director compensation looks like in Corp Dev/Strat if you're working at F100 Company? Is 500-600k possible or is it generally lower?
Thanks
wallstreetpop98, have you checked out these or run a search:
No promises, but thought I'd mention a few relevant users that work in the industry: @dan_yo23" TunkyTime alexpasch
Fingers crossed that one of those helps you.
These figures are for Finance, so Corp Dev/Strat may be similar or a bit higher depending on the company:
1) Director: most junior Directors are typically in the $160-$180K base range, 25%-30% bonus. We're not public so no RSUs, but in lieu of stock, most Directors+ have an extra bonus on top of standard yearly bonus that's calc'd based on average of past 3 years bonus. Meaning, it kicks in after 3 years at this level. More seasoned Directors are in the $200-240K base range, but can vary a decent amount.
2) Sr Director: $250K-$300K+ base, bonus can vary but in the 30-50% range. There's a lot of variability here based on a lot of factors, including performance, time with company, exec potential, negotiation, etc. Also additional incentive comp per above. At this point, you're essentially a VP but without the formal title. $500K+ is certainly possible in a good year if bonus payout is over 100%.
The VPs are mid-to-high $300's or low $400's for the upper VPs. 50% bonus + incentive comp. Easily clear $500K in a decent year. A Finance VP can be a "VP" in a large business unit or global, or CFO in a medium size business unit.
Note that in my company, not all Directors (or any title for that matter) are compensated the same, it also depends on the size of the business unit, the role, number of direct reports, etc.
What industry and city are you in? Is your company well-known/large? Just wondering to get a better understanding of the compensation.
T1/T2 COL city (not sf, nyc). I wouldn't get too hung up on industry - I've worked across a few different industries now and can tell you that I didn't see a material difference in comp. The pay bands at the mid-levels are massive, so it really depends on the company, your experience, the role, and how much they need you vs what you ask for. For reference, all companies have been large and well-known and in Consumer/Retail & Financial Services.
Our directors are generally about $350k-$450k after bonus. Directors get a bonus that is 30% and get additional stock options that can be exercised after 3 years. VPs are $600k-800k, and SR. VPs are around $1MM. I work at company ranked 100-115 in the F500...
Is that a tech company?
No, not a tech company. It's a packaging company.
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