Tag Archives | CFO tenure

Results: Average Tenure of a CFO Survey

Over the past few months, we conducted a survey of hundreds of financial professionals in an effort to determine the average tenure of a CFO in today’s world. Participants were asked:

Length of time in current job – less than 3 years, 3-5 years, 6-9 years, 10+ years

Current titleCFO, Controller, Asst. Controller, Accountant, Other

GenerationMillennial or Generation Y (1980-2000), Generation X (1965-1979), Baby Boomer (1946-1964), Silent Generation (1925-1945)

Average Tenure of a CFO Survey Results

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.

average tenure of a cfoaverage tenure of a cfo

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.average tenure of a cfo

 

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Survey: The Average Tenure of a CFO

tenure of a cfoOne of the concepts we discuss during the first day of our coaching workshop series is the “Life Cycle of a CFO”.  The life cycle takes us from the decision to hire a CFO (usually due to a problem/crisis of some sort) through the eventual departure of the CFO for other opportunities and the subsequent emergence of another problem/crisis, causing the cycle to begin anew. We are once again surveying for the average tenure of a CFO.

The Average Tenure of a CFO

When we first introduced this concept to our classes almost four years ago, the average tenure of a CFO was about 4.1 years.  With the considerable changes in the financial landscape since then, we are curious to see what, if any, effects these changes have had on the life cycle of a CFO.

To answer this question, we developed a brief survey to find out how long you have been in your current position as CFO/Controller.  Click the button below to take the survey and get instant results.

Take the Survey

We’ll summarize the responses in a future blog post, so stay tuned and thanks for participating!

tenure of a cfo

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