Monday, March 12, 2007

The Flip Side of High Demand

Compliance pressures boards, boards pressure chief financial officers, and chief financial officers find new jobs. That, apparently, is the chain of events rearing its head throughout corporate America. A survey from Tatum, LLC, says more than 2,300 CFOs will leave their jobs in the course of 2007. "Many CFOs are fired or resign not because they weren't a good match for the company when they were hired 20 months ago, but rather because the business has evolved so quickly that their capacity and capabilities are no longer an ideal match for the company," Richard D'Amaro, Tatum Chairman and chief executive, was quoted as saying by SmartPros.

Survey Predicts Record High CFO Departures in 2007 [SmartPros]

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