Despite the nation’s flagging economic recovery, chief executives of venture-backed companies remain optimistic–at least when it comes to their compensation.
In a small poll of its members by ExpertCEO, an online community for senior executives, 76 CEOs from venture-backed companies on average expected modest increases in salary this year and in 2011.
These executives reported an average salary of $238,000 in 2009, and they expect that number to climb to $250,000 this year and $262,000 in 2011. Their bonus on average is expected to remain flat at $94,000 this year, however, well short of an average target bonus of $131,000. The average target bonus for 2011 is estimated at $130,000.
To read the full, original article click on this link: Show Me The Money: Venture-Backed CEOs Expect Higher Salaries - Venture Capital Dispatch - WSJ
Author: Scott Austin
