CFO salaries rose by 8% between spring 2012 and 2013, according to BDO USA. Smaller companies increased compensation by 15%, the most of any category. Increases varied by sector, with CFOs in the energy industry receiving a 21% increase. In retail, compensation declined by 11%.
NYSE Euronext and Nasdaq OMX Group are reportedly considering a plan, in connection with other exchanges, to institute backups for each other's pricing data, people familiar with the situation said. The plan comes after Mary Jo White, head of the Securities and Exchange Commission, told exchanges to collaborate to prevent technological glitches.
Privately held companies have grown an average annual rate of 3.8% in 2013, according to a Sageworks estimate, compared with more than 9% growth in each of the previous two years. "Business owners will be even less likely to add to overhead and to take on new employees if their sales aren't growing at the tremendous rates we've seen in the past," says analyst Libby Bierman.