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How “midsized” is the portco?
The MM can be anywhere from $100m to $2b of revenue - and CEO pay in that range varies wildly.
Bottom end of that range you’re talking $500k base plus similar size performance bonus, plus an equity upside kicker.
Top end, you could be talking closer to public company comparable. $1m - $2m base, similar size or higher performance bonus, plus equity.
All depends on what you negotiate of course, but if you’re toward the upper end of the MM I’d point you towards similar time public companies for comparable and tell you that the PE firms love pay for performance incentives.
You need to define your parameters for the mid size PE portfolio company. P&l size and sub industry swing this pretty dramatically ..