Fortune 100 – CFO move analysis

Martha Harvey-Jones, Tom Pemberton, Kaila Rakin, Stuart Higson, Helen Parker (née Prudhoe) 11 Mar 2024

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Fortune 100 – CFO move analysis

Throughout 2023 we continued to see an increased focus on the transformation of the finance function across industries. Centered around technology efficiency, data, outsourcing and people strategy, the role of the CFO continued to elevate.

The drive to upscale the function has precipitated movement within the CFO seat across the Fortune 100 with a preference for divisional CFO, strategic finance and business experience vs accounting expertise.

In 2023 there was CFO movement across 20% of Fortune 100 organizations. Of the 20 CFOs who left their post:

  • 30% retired
  • 30% were promoted internally to different roles (ie COO, CEOs, Strategic Advisor)
  • 25% left their organization with no role announced
Fortune 100 infographic

Martha Harvey-Jones

Martha is the co-Managing Partner of Leathwaite, alongside her colleague Tom Pemberton. As managing partner, she sets the firm’s global strategy and vision and works closely with the whole partnership to ensure the firm is operating and growing in line with…

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Tom Pemberton

Tom Pemberton

Tom is the co-Managing Partner of Leathwaite, alongside his colleague Martha Harvey-Jones. As managing partner, he sets the firm’s global strategy and vision and works closely with the whole partnership to ensure the firm is operating and growing in line…

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Image of Leathwaite employee Kaila Malone

Kaila Rakin

Kaila is a Consultant in the CFO & Audit practice in the Americas. Her primary areas of focus include CFOs as well as executives within strategic finance, financial control, tax, audit, corporate real estate and investor relations. She also executes…

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Image of Leathwaite employee Stuart Higson

Stuart Higson

Stuart is a Partner in Leathwaite’s New York office, leading the Financial Officers practice across North America and specializing in placing Chief Financial Officers, Chief Auditors and their direct reports. Stuart has been with Leathwaite since 2014, spending five years…

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Image of Leathwaite employee Helen Parker

Helen Parker (née Prudhoe)

Helen is a Consultant in the Financial Officers practice in New York. She specialises in placing CFOs and their direct reports across North America. Helen has been with Leathwaite since 2018 and was previously a Consultant in the UK and…

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