Why having a chief accounting officer is a secret weapon for CFOs — extending their tenure and making it more likely they’ll become CEO

Meeting, women and business people with laptop in office, investment project and discussion. Teamwork, accountant and financial advisor with feedback for finance update, report review and documents (Credit: Getty Images)

Good morning. For finance chiefs, how they delegate isn’t just an operational choice—it can shape the course of their entire career.

CFOs who delegate financial reporting to a strong chief accounting officer are significantly more likely to stay in their roles—and more likely to eventually become a CEO.