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CFO turnover reached new heights early this year, in sharp contrast to relatively stable rates for most of 2007. Resignations and retirements were up 15% in January and February from a year earlier, according to data compiled by Liberum Research. Some 110 CFOs resigned or retired in the first two months of this year, up from a total of 95 in 2007. “The pressures that have come to bear on CFOs are tremendous,” notes Susan Rucker, COO of executive services firm Tatum LLC. “Many times, those pressures result in CFOs being so dissatisfied with their jobs that they leave, or [in] CEOs being so dissatisfied with CFOs’ jobs that they force them to leave.”

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