What does a market-rate compensation package look like for a family business CEO?

For a CEO at an $87 million family business, Kris Kluver's framework in The Dysfunctional Family Office uses concrete numbers. Base salary in the range of $350,000 to $500,000, depending on experience and complexity. Performance bonus tied to EBITDA growth, revenue targets, and strategic objectives, typically 40 to 60 percent of base. Executive benefits package of $50,000 to $75,000 in value annually, including health, retirement match, vehicle allowance, and a coaching and professional development budget. All in, total compensation lands between $575,000 and $850,000. A new CEO usually starts on the lower end with extra budget negotiated for coaching, education, and peer support. The numbers feel high to many founders who built the company on under-paying themselves. The numbers are what the role actually costs at market.