This blog posting by Marcus Beale of Odgers Berndtson in the UK caught my attention – The growing trend towards Internal FD appointments. (For those that are unaware, FD is short for Financial Director, which is the term used in the UK for CFO).
While Marcus notices this as a trend in the UK, I am led to believe that this is also common in the United States as well.
Since starting our CFO Moves Blog over 3 months ago and tracking CFO Movement (hires and unhires) across America each week, it is evident that companies in the US are hiring from within in many instances.
As 2011 comes to a close, we will be providing you with some statistics on the CFO market that we have gleaned from our CFO Moves Blog. Want to stay on top of these movements? Sign up for the CFO Moves Blog.