Core Insights - The report highlights the importance of CFOs in listed companies, revealing that the total salary for CFOs in A-share companies reached 4.27 billion yuan in 2024, with an average annual salary of 814,800 yuan [1][8] - The household appliance sector saw a revenue of 1.66 trillion yuan, a year-on-year increase of 4.5%, and a net profit of 118.1 billion yuan, up 6.3% from 2023, with over 40% of companies experiencing growth in both revenue and net profit [1][8] Salary and Compensation - The average salary for CFOs in the household appliance sector is 941,400 yuan, with a median salary of 727,200 yuan, and a significant disparity between the highest and lowest salaries, which is 9.31 million yuan [8][9] - Midea Group's CFO, Zhong Zheng, earns 9.46 million yuan, nearly three times that of the second-highest, Supor's CFO, Xu Bo, who earns 3.24 million yuan [8][10] - Approximately 31.3% of CFOs earn over 1 million yuan annually, while 13.1% hold dual roles as board secretaries [8][10] Age and Gender Demographics - The average age of CFOs in the household appliance sector is 47.79 years, with 48.5% aged between 40-50 and 37.4% over 50 [1][8] - Male CFOs make up 55.6% of the total, with an average age of 48.71 years, while female CFOs account for 44.4%, with an average age of 46.64 years [1][8] Tenure and Turnover - The most common tenure for CFOs is between 5-10 years, comprising 30.3% of the total, while 22.2% have served for over 10 years [4] - A total of 20 CFOs resigned during the reporting period, primarily due to health and job changes, with 75% replaced by successors [4] Educational Background - Over half of the CFOs in the household appliance sector hold a bachelor's degree, while 31.6% have a master's degree and 17.3% have an associate degree [6] Compliance and Violations - Two CFOs were reported for compliance violations, with their salaries being 720,000 yuan and 524,300 yuan respectively [10]
家用电器业CFO群体观察:5-10年长任期架构稳定 超三成财务总监年薪逾百万