Do Cfo's Make Good Ceo's?
Introduction
The CFO possesses many significant advantages as well as disadvantages if he/she is chosen to become the CEO.
Recently an increasing number of company boards have decided that in order to best serve shareholders it is prudent to promote the CFO to CEO. CFOs themselves remain reticent about any personal ambitions beyond the CFO role - at least in public. But given this recent string of high profile promotions there is an increasing recognition that they have what it takes to take over the CEO role. To understand why CFOs are more frequently getting the top job it is important to know what the contemporary holder of the post does with his time. Article entitled “CFO to CEO” explains that the Monty Python image of an accountant sitting in a corner counting beans has disappeared, says Ian Graves, district director of continental Europe, at recruitment agency Robert Half International. Bluntly put, CFOs are now a much more exciting breed. In the 1990s, the CFO role......
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Approximate Word Count: 1211
Approximate Pages: 5 (250 words per double-spaced page)
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