Cathy Logue, FCPA, FCA, Stanton Chase Global CFO Practice Leader spoke with the Wall Street Journal on how the turbulent economy is providing on-the-job training for CFOs in a recent article titled, “First-Time CFOs Get a Crash Course in Managing Inflation, Volatile Markets.”
Faced with economic headwinds after two years of navigating the financial pressures of the pandemic, overall CFO turnover is on the rise, providing an opportunity for up-and-coming finance talent to step up. “By and large, we’ve seen the traditional role of the CFO changing, and what first-time CFOs may lack in experience, they make up for in other skills,” Ms. Logue said, adding, “companies are also appointing more women and people of color as first-time CFOs.”
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