CFO Job-Hopping: How Much Is Too Much?
Whilst government recruiter David Arnold and the CEO of a large-profile Silicon Valley corporation ended up speaking about the company’s CFO search, the CEO advised Arnold, “If you ship me someone who has had a good deal of limited stops, I’ll be skeptical.” That was a purple flag and her “number one pet peeve,” says Arnold, president of Arnold Associates, LLC.
As well limited a tenure at far too numerous organizations — position-hopping — delivers job pitfalls like the concern cited by Arnold’s shopper. But how do you define how significantly is far too significantly movement? And are the downsides major?
The answer on how significantly is far too significantly is subjective and can fluctuate from sector to sector. Organizational consulting business Korn Ferry reports the common CFO tenure is four.7 years, even though the most new Crist|Kolder Associates Volatility Report sets it slightly better, at four.86 years. According