11/27/2023

New CEOs' Salaries Compared to their Predecessors

Fact: They're likely to earn less but expected to do more

Incoming association CEOs are likely to earn less than their predecessor, according to new research from ASAE's Executive Compensation Study (ECS) team. 

The team analyzed the compensation history from 565 national associations with revenue greater than $1 million. The data examined was limited to full-year salaries of incoming CEOs compared to the last full-year salary of the former CEO. Comparison figures are actual salary figures paid and not adjusted for inflation.

Close to a coin toss, 55 percent of new CEOs hired between 2021 and 2019 had lower base pay than their predecessor. 

Please select this link to read the complete article from ASAE’s Center for Association Leadership.