what does it take to be a cfo
TRANSCRIPT
37%MBA
18%BA BusinessAdministration
17%BS
Accounting
7%BS Economics
6%BA Economics
4%JD
3%BS Finance
2%MA Economics
6%OTHER
EDUCATIONAL QUALIFICATION
5 TRAITS OF A MODERN CFO
Become analytics wizards.
Manage an increasing amount of risk.
Adapt to new technology.
Become better at managing people.
Manage big data as a large part of business operations.
KEY DRIVERS FOR DEVELOPING THE FUTURE CFO
Leadership and Business Acumen
Broad and Diverse Experience
Stakeholder Engagement
WOMEN AS CFOS
Women CFOs in Fortune 500 Companies
Women CFOs in S&P 500
2015
2013 10.8
11.6 13% Female CFOsin 2015
AVERAGE TENURE
6 Years if appointed internally
4.8 Years if appointed externally
20% longer female tenure vs. male tenure
16.6% increase in CPA, CA designated CFOssince 2004
CFO TO CEO TREND
200414%CEOs served as Financial Heads
201522%of CEOs have served as a Financial Head
References:
Fortune :
http://fortune.com/2015/02/24/58-women-cfos-in-the-fortune-500-is-this-progress/
Odgers Berndtson :
http://www.odgersberndtson.com/media/2498/cfo_of_the_future.pdf
"This infographic is brought to you by CxOAmerica.org"
Source: Business Insider