Over the past few months, we conducted a survey of hundreds of financial professionals in an effort to determine the average tenure of today’s CFO. Participants were asked:
Length of time in current job – less than 3 years, 3-5 years, 6-9 years, 10+ years
Current title – CFO, Controller, Asst. Controller, Accountant, Other
Generation – Millennial or Generation Y (1980-2000), Generation X (1965-1979), Baby Boomer (1946-1964), Silent Generation (1925-1945)
Notable results include:
- Average tenure = 5.47 years
- 78% of participants held the title of CFO
- 93% of participants were from Generation X or Baby Boomers
We also summarized the average tenure by job title and by generation. As shown in the charts below, CFOs and Assistant Controllers had the longest tenure by job title and length of tenure tended to increase with the age of the respondent.
Thanks so much for all of you who participated! Leave a comment below to let us know what other issues you’d like us to survey.