The reported decade-high turnover among CFOs in the UK and increased departure rates in the US and Europe suggest a complex set of challenges for companies seeking financial leadership. Strategies such as broadening candidate searches, re-evaluating compensation packages, and investing in talent development can help organisations address these challenges and secure strong leadership in their finance departments.
Decade-high turnover among chief financial officers in the UK and elevated departure rates in the US and Europe have left large companies scrambling to fill the role. Twenty-nine FTSE 100 businesses, including Unilever and Schroders, changed their CFO in 2023 — the most since at least 2013
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