From the June 2007 issue of Treasury & Risk magazine

A new study shows finance executive turnover down...Before you outsource, make sure the processes work

Moving For Dollars

While turnover in CFOs, treasurers and controllers at large companies has fallen, the slowdown may be temporary, according to a recent Russell Reynolds Associates study. Among Fortune 500 companies, 2006 CFO turnover was 13%, down from 19% in 2005, while controller and treasurer turnover rates were 13% and 9%, in 2006, down from 18% and 13%, respectively. The study also suggests that the impact of Sarbanes-Oxley as a factor contributing to executive movement may be a thing of the past.

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