Those findings can be disheartening, but a new analysis from executive-compensation firm Equilar and the Associated Press found that there’s something to cheer about when it comes to one high-ranking role: chief financial officer. While female CFOs only make up 11.6 percent of the CFOs of S&P 500 companies, they are catching up to their male counterparts in pay. The median pay for these women was $3.32 million last year while the median pay for male S&P 500 CFOs was $3.3 million, meaning that female CFOs are slightly out-earning men with the same title.
The report highlighted some especially famous women who hold this positions: Ruth Porat, Google’s $70 million-a-year CFO, Marianne Lake of JPMorgan Chase, Catherine Lesjak of Hewlett-Packard, and Sharon McCollam of Best Buy. While CFOs don’t usually get the high-profile attention that CEOs do, they are becoming increasingly important strategists at corporations. Some, such as PepsiCo’s Indra Nooyi, actually break out from their CFO role to become CEOs.