Portco VP Finance Equity Comp Expectations

Long time lurker here, hoping to tap into your collective wisdom.  I'm specifically looking for guidance from those with specific experience in a similar situation, rather than speculation.

I'm about to receive an offer for a VP Finance role at a ~$150M PE portfolio company.  It's owned by a highly respected sponsor, they're about ~4 years into the investment, and are saying they expect to transact within 2 years (almost definitely more than a year, but less than 3).  

The role is open because the prior person left for a portco CFO gig.  He was in the role for 2 years, and I don't think the role existed before that, so presumably he had only vested ~1/2 of the time-based equity (lots of assumptions here, but still).

The recruiter has said the equity will be "substantial" and it will be the highest equity outside of the C Suite.  Of course "substantial" is meaningless in a vacuum, and "highest equity" could mean on a per-year basis, as I would think that other VPs hired at the beginning of the deal would stand to gain more from the sale.

My question is this: given the transaction time horizon, title, etc, how much equity should one expect in this situation?  Obviously there are rules of thumb, but the additional wrinkle of course is that we're already 4 years into this.

Thank so much!

Comments (1)

Start Discussion

Popular Content See all

This Fucking Sucks
+50OFFby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
Why would any associate+ banker choose a BB over EB?
+35IBby Intern in Investment Banking - Mergers and Acquisitions">Intern in IB-M&A
Share a day that looked like a Suits/Billions episode
+27IBby Intern in Investment Banking - Generalist">Intern in IB - Gen
PE isn’t the best way to get into b-school
+26BSCHby 2nd Year Associate in Private Equity - LBOs">Associate 2 in PE - LBOs
Evercore Target Schools?
+19BSCHby Prospective Monkey in Investment Banking - Mergers and Acquisitions">Prospect in IB-M&A
What's Wrong with Warburg Industrial & Business Services?
+16PEby 1st Year Analyst in Investment Banking - Mergers and Acquisitions">Analyst 1 in IB-M&A
Rich GF/Future Wife - Becoming a sugar baby
+14OFFby 3rd+ Year Associate in Real Estate - Other">Associate 3 in RE - Other

Total Avg Compensation

February 2021 Private Equity

  • Principal (7) $694
  • Director/MD (15) $627
  • Vice President (61) $374
  • 3rd+ Year Associate (63) $267
  • 2nd Year Associate (119) $246
  • 1st Year Associate (256) $223
  • 3rd+ Year Analyst (24) $164
  • 2nd Year Analyst (58) $137
  • 1st Year Analyst (168) $119
  • Intern/Summer Associate (18) $71
  • Intern/Summer Analyst (182) $59

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.5
2
Jamoldo's picture
Jamoldo
98.4
3
Secyh62's picture
Secyh62
98.3
4
CompBanker's picture
CompBanker
97.9
5
redever's picture
redever
97.8
6
Addinator's picture
Addinator
97.6
7
frgna's picture
frgna
97.6
8
bolo up's picture
bolo up
97.5
9
NuckFuts's picture
NuckFuts
97.5
10
Edifice's picture
Edifice
97.5