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Where does the CFO path lead? New data shows 34% became president or CEO in 2024, up from 20% the prior year

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The modern CFO role continues to expand, making them desired candidates for broader positions. And companies around the world are tapping into their talents. Russell Reynolds Associates, a leadership advisory firm,
The article from MSN Money discusses the career progression of Chief Financial Officers (CFOs) based on new data from 2024. It highlights that 34% of CFOs have moved into the roles of President or CEO, marking a significant increase from the 20% reported in the previous year. This trend underscores the evolving role of CFOs, who are increasingly seen as strategic leaders capable of steering entire companies. The data suggests that the skills and experiences gained in financial oversight are becoming more critical for top executive positions, reflecting a broader recognition of the strategic importance of financial management in corporate leadership.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/executive-leadership-and-management/where-does-the-cfo-path-lead-new-data-shows-34-became-president-or-ceo-in-2024-up-from-20-the-prior-year/ar-AA1zmkqa ]