Moving For Dollars

While turnover in CFOs, treasurers and controllers at large companies has fallen, the slowdown may be temporary, according to a recent Russell Reynolds Associates study. Among Fortune 500 companies, 2006 CFO turnover was 13%, down from 19% in 2005, while controller and treasurer turnover rates were 13% and 9%, in 2006, down from 18% and 13%, respectively. The study also suggests that the impact of Sarbanes-Oxley as a factor contributing to executive movement may be a thing of the past.

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