Categories: Agenda

Burnout Hits CFOs as Boards Grapple With Departures

Chances are the executive who serves as the right hand to the CEO and key liaison to the audit committee is considering their options, experts say. The Covid-19 pandemic and increased pressure to balance strategic issues such as environmental, social and governance factors with careful capital allocation, growth opportunities and liquidity management is increasingly driving companies to consider replacing first-time or untested CFOs with seasoned executives who can navigate an uncertain and evolving business environment.

The result?

A CFO market that is “red hot and will continue to be for the foreseeable future,” said Cathy Logue, managing director at executive search and consulting firm Stanton Chase’s Toronto office.

admin

Recent Posts

High-Profile CEOs See Security Perks Climb in Divisive Environment

Nearly 40 S&P 500 firms included security costs in their CEOs' perk packages last year,…

3 months ago

Hanging Around: More 65+ CEOs Stay On the Job

Within the next five years, major corporations from JPMorgan Chase to The Walt Disney Co.…

4 months ago

AI Disclosures Increase, yet Committee Charters Have Not Caught Up

Artificial intelligence is the single-largest area that boards have devoted time to in the last…

5 months ago

The Highest Paid CEOs of 2023

The chiefs of America’s biggest companies reached new pay heights in 2023 as stock awards…

6 months ago

Musk Effect Drives Spread of Supersize CEO Pay Packages

Elon Musk didn’t just upend the global auto business and space missions. The billionaire is…

6 months ago

Top 5 Highest Paid American CEOs Of 2023

In 2023, the leaders of America's largest companies saw their compensation packages soar to unprecedented…

6 months ago