The CFO Shuffle


While volatility of movement in the C-Suite is at its lowest level in more than 10 years, CFO turnover continues to exceed that of CEOs.

Crist Associates, a senior level executive search firm, examined CEO, COO and CFO movement at 657 companies listed on the 2007 Fortune 500, S&P 500 or both. Based on turnover rates from Jan. 1 through July 31, its annual Volatility Report predicts the departure of 84 CFOs and 75 CEOs this year.

CEO vs. CFO Volatility
Year
CEO
CFO
2002
71
111
2003
66
88
2004
89
94
2005
95
110
2006
83
87
2007*
75
84
* Based on rate of change observed from Jan. 1 through July 31.

Source: Crist Associates’ Volatility Report 2007 , www.cristassociates.com.

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