CFO (Chief Financial Officer) Salary (2025)
CFOs oversee all financial activities of an organization.
The median CFO (Chief Financial Officer) salary is $185,000 per year ($89/hour). Entry-level CFO (Chief Financial Officer)s earn around $130,000 while experienced CFO (Chief Financial Officer)s earn $320,000 or more annually.
Salary Range
Median: $185,000 — positioned between entry and senior
Top Paying States for CFO (Chief Financial Officer)s
| State | Est. Annual Salary | vs. National |
|---|---|---|
| Hawaii | $263,000 | +42% |
| California | $255,000 | +38% |
| New York | $237,000 | +28% |
| Alaska | $231,000 | +25% |
| Massachusetts | $231,000 | +25% |
| New Jersey | $222,000 | +20% |
| Connecticut | $218,000 | +18% |
| Washington | $213,000 | +15% |
Estimates based on cost-of-living index adjustments. Actual salaries vary by employer and experience.
How to Become a CFO (Chief Financial Officer)
Most CFO (Chief Financial Officer) positions require: Bachelor's in Finance + MBA. Salaries typically increase significantly with experience and specialization.
CFO (Chief Financial Officer) Salary by State
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Frequently Asked Questions
What is the average CFO (Chief Financial Officer) salary?
The median CFO (Chief Financial Officer) salary is $185,000 per year, which works out to approximately $89/hour based on a 40-hour work week.
How much does an entry-level CFO (Chief Financial Officer) make?
Entry-level CFO (Chief Financial Officer)s typically earn around $130,000 per year. Salaries grow significantly with experience and specialization.
What is a senior CFO (Chief Financial Officer)'s salary?
Experienced CFO (Chief Financial Officer)s can earn up to $320,000 or more annually depending on location, employer, and specialization.
What education is required to become a CFO (Chief Financial Officer)?
Most CFO (Chief Financial Officer) positions require: Bachelor's in Finance + MBA.