What is the salary range for a searcher operating a company as CEO?
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by a searcher
from Massachusetts Institute of Technology - MIT Sloan School of Management
in New York, NY, USA
in New York, NY, USA
6yrs ago
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by a searcher
6yrs ago
from University of Vermont in New York, NY, USA
from University of Vermont in New York, NY, USA
Anywhere from zero to $1 million is fine, after which it's not tax deductible. :-) (A little more info would be helpful and you'll get better answers.)
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by a searcher
6yrs ago
from Harvard University in Fairfax, VA, USA
from Harvard University in Fairfax, VA, USA
I believe the Stanford 2018 search fund study has data specifically on this on page 15: redacted
Essentially, the mean and median comp was ~$214k and $200k resepctively with bonus ~$60k. I would be careful since the range is pretty broad, is self-reported data, includes traditional searchers, and companies that have been operating for many years. If you are self-funded and/or buying a sub- $3M business, these values would be relatively high. I would say $150k - $250k total comp based on size of company, experience/risk level, and agreement with investors. This should be balanced with the carry you'd receive and cash flow management.
Good luck.
Essentially, the mean and median comp was ~$214k and $200k resepctively with bonus ~$60k. I would be careful since the range is pretty broad, is self-reported data, includes traditional searchers, and companies that have been operating for many years. If you are self-funded and/or buying a sub- $3M business, these values would be relatively high. I would say $150k - $250k total comp based on size of company, experience/risk level, and agreement with investors. This should be balanced with the carry you'd receive and cash flow management.
Good luck.
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