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CFO revolving door to turn faster in 2007?
Filed in archive Accounting by leon on February 21, 2007
CFO revolving door to turn faster in 2007?
Back in January, I did a blog entry on the growing number of chief financial officers jumping ship.

Looks like it could get worse this year, says professional services firm Tatum. Two out of three respondents (67.5 per cent) said turnover this year will be as bad, but one in four (25.8 per cent) said it could be even worse.

According to the survey, 37 per cent blamed it on Sarbanes-Oxley, 30 percent claimed that directors were expecting too much and 13 per cent cited work-life balance issues.

All this means one thing.

The more it continues, the more companies will pay to hang on to their chief number cruncher. It puts CFOs in a strong negotiating position.

Permalink: CFO revolving door to turn faster in 2007?
Tags: CFO  turnover  Tatum  corporate  2007  home  revolving+door  faster+2007  turn+faster 
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