- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Aaron Nicodemus2024-07-25T18:15:00
A new compensation survey found base pay for chief compliance officers has risen 36 percent since 2021 to an average of more than $403,000.
The 2024 “In-House Counsel Compensation Survey,” published Wednesday by legal search firm Major, Lindsey & Africa (MLA), also found that total annual cash compensation for CCOs jumped an average of 72 percent to $740,707 over that same period.
“The market is reflecting the increased emphasis on culture and compliance–and the expanding role this is creating for CCOs,” said Jeannine Lemker, managing director in MLA’s In-House Counsel and Board Services groups and survey co-author, in a press release.
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