Mercer

Perspective: The evolving role of the chief financial officer -- Pay and turnover trends

Since passage of the Sarbanes-Oxley Act of 2002, the financial expertise demanded by today's business environment has transformed the role of Chief Financial Officer into a highly strategic and visible post. On the heels of a Mercer study of 350 US public companies that showed CFOs' pay and turnover actually have increased at a greater rate relative to chief executive officers, this Perspective looks at likely factors contributing to this trend and its implications for succession planning, compensation program design and other areas.  (Perspective, 19 Nov 2008, 6 pages)


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Global
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