Good morning. Finance chiefs are on the move: In just the first quarter, a total of 82 new CFOs were appointed at public companies—matching the record turnover seen in Q1 2021, according to executive search firm Russell Reynolds Associates’ quarterly index.
Taking a look at the S&P 500, for example, 4.8% of CFOs left in the first quarter, compared with 2.8% who did so at the same time last year, meanwhile the incoming figure of 5.8% was markedly higher than last year's 3.8%.
