Corporate CFOs are going through their own 'Great Resignation'
Publishing timestamp: 2023-02-28 12:40:30
Summary
The average tenure of chief financial officers at North American companies is around 5 years, a steady decline compared to even just a few years ago. This is due to the increased responsibilities and demands of the CFO role, as well as the boom in VC funding, IPOs, and M&A in recent years. CFOs are also increasingly specialized, and the tight labor market has made them more in demand. However, the current economic environment may lead to a slight decline in CFO turnover.
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Keywords: hiring and recruitment, business news, layoffs, jobs, fti consulting inc, cfo,
Source: https://www.cnbc.com/2023/02/28/corporate-cfos-are-going-through-their-own-great-resignation.html