One-third Of CFOs Aspire To CEO Role


    While chief financial officer (CFO) may be a major career goal for some, a number of financial executives are looking further up the ladder, says a survey by Robert Half Management Resources. The survey shows nearly one-third of Canadian CFOs (32 per cent) say they are at least somewhat motivated to become chief executive officer (CEO) of their organization. When asked what unique attributes financial executives would bring to the CEO position, CFOs most commonly cited fiscal management and efficiency improvement, finance and data-driven decision-making, investor and stakeholder management, and economic and business awareness. Respondents noted other top contenders for the CEO role are chief operating officers. Four per cent of CFOs are ‘very motivated’ to reach the CEO role in their organization, 28 per cent are ‘somewhat motivated,’ while 58 per cent say they are ‘not at all motivated’ (11 per cent say they didn’t know or gave no answer). “With CFOs’ insight into, and influence over, fiscal growth across the business, they are well-positioned to take the helm as CEO,” says David King, Canadian president of Robert Half Management Resources.