The role of the CFO has evolved far beyond traditional financial management. Today’s CFOs are pivotal strategic leaders, focusing on three core responsibilities: optimally allocating capital, sustaining and deepening sources of competitive advantage, and managing risk. Their expanded scope makes them natural contenders for CEO positions. In 2023, CFOs filled 8.4% of CEO vacancies at Fortune 500 and S&P 500 firms — the highest on record.
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2024-12-11 13:25:30
