Good morning. CFO turnover continued to increase this year. CFO poaching, planned retirements, or promotions to other C-suite roles are among some of the catalysts. However, as companies ramp up for more activity in 2025, CFO turnover could become an obstacle for M&A and succession planning.
Chief executives, the strategic partners to CFOs, see more opportunity than risk in regulation over the next 12 months, according to the Fall 2024 Fortune/Deloitte CEO survey. With the changing administration, there’s an optimism that deregulation and a potentially favorable tax environment will provide the opportunity for M&A activity, Steve Gallucci, global and U.S. leader of Deloitte's CFO program, told me. Gallucci said he’s heard that sentiment among CFOs as well.
