CFOs Stay With Employers Seven+ Years

Posted by accountingweb on Dec 15 2000 116 printer friendly

How long do you think the tenure of a CFO is with any one employer?

According to a new survey from RHI Management Resources the average length is seven years or longer.

Of those responding, 41 percent said they stayed with their employers this amount of time. The survey was conducted among 1,400 CFOs working in companies with 20 or more employees.

"For accounting and finance professionals, achieving CFO status is a career apex," says Paul McDonald, executive director. "Tenure tends to be more established at this level. In fact, it's not uncommon for a company's top finance executive to eventually assume the CEO post."

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