Women might be badly outnumbered in the top ranks of corporate America, but they aren’t underpaid.
Compensation for female chief financial officers at S&P 500 companies last year outpaced that of their male counterparts, according to an analysis by executive compensation firm Equilar and The Associated Press. It follows a similar trend seen with female CEOs in recent years.
The median pay for female CFOs last year rose nearly 11 percent to $3.32 million. Male CFO pay rose 7 percent, to $3.3 million. This follows several years of steady gains for both genders.
Ruth Porat topped the list of highest-paid female CFOs with her $14.4 million pay package from Morgan Stanley for the 2014 fiscal year. Google has since lured her away with a pay deal worth $70 million.
The other top-paid female CFOs include Marianne Lake of JPMorgan Chase, whose compensation package is valued at $9.1 million, Catherine Lesjak of Hewlett-Packard at $8 million, Sharon McCollam at Best Buy at $7 million and Robin Washington of Gilead Sciences at $6.2 million.
