Demand for CEOs with finance experience grows

DEMAND FOR FTSE 100 CEOs with financial backgrounds is increasing, a recent study has found.

In the last year, 67% of newly appointed CEOs had a financial background, including Andrew Harrison of Whitbread and Nicandro Durante of British American Tobacco – who both held finance director roles previously.

The Robert Half FTSE 100 CEO Tracker also found that nearly half of the top CEOs in the country (49%) had financial backgrounds, compared to just 31% in 2008.

“As the economy continues to improve, we are seeing increasing demand for leaders with a strong financial skill set to guide organisations through a challenging operating environment and drive competitiveness so they emerge a stronger, more capable business”, said Phil Sheridan, (pictured) managing director of Robert Half UK.

“This renewed significance in fiscal expertise reflects the increasing regulatory environment and need for accountability for the numbers behind the business.”

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