Life as a CFO getting tougher

Executive recruiter Crist Kolder Associates will release a study next month showing that roughly half of the chief financial officers at Fortune 500 and S&P 500 companies stay on the job for less than three years. Financial Week notes the average career of a pro football running back is about the same. Overall, CFO turnover is at a record high right now. Folks, it's a hard job. The conventional wisdom had been that more CFOs were primed to move up to CEO positions, but that doesn't appear to be happening. In this very challenging environment, they're getting knocked off track. Many CFOs have ended up in private equity, among other jobs. Some note a feast-or-famine quality to all of this. If a company is thriving, the CFO is in heavy demand for other jobs at bigger companies. If not, the CFO ends up on the hot seat, and sometimes even out of a job.  

For more:
- here's the Financial Week article

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