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Fortune
Fortune
Sheryl Estrada

Where does the CFO path lead? New data shows 34% became president or CEO in 2024, up from 20% the prior year

Amrita Ahuja Aon Block USAA
office workers convene in a meeting room (Credit: Getty Images)

Good morning. The modern CFO role continues to expand, making them desired candidates for broader positions. And companies around the world are tapping into their talents. 

Russell Reynolds Associates, a leadership advisory firm, shared with CFO Daily some of the latest findings of its Global CFO Turnover Index, representing indexes such as the S&P 500, FTSE 100, and Euronext 100. Of the outgoing CFOs taking on new roles in 2024, 34% moved to a president or CEO role, up from 20% in 2023. 

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