BusinessPeople In BusinessDemand for CEOs with finance experience grows

Demand for CEOs with finance experience grows

More than 60% of incoming FTSE 100 CEOs have finance experience, according to Robert Half research

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.”

Related Articles

Ex-KPMG senior partner joins Urban&Civic as audit chair

Audit Ex-KPMG senior partner joins Urban&Civic as audit chair

1y Richard Crump, Writer
One in four FTSE 100 bosses hold accounting qualification

People Business One in four FTSE 100 bosses hold accounting qualification

2y Richard Crump, Writer
‘Personal' reasons cited for Sodexo CFO Herbert-Jones' early exit

People Business ‘Personal' reasons cited for Sodexo CFO Herbert-Jones' early exit

2y Chris Warmoll, Writer
Colin: Fantasy finance for Disney CFO

People Business Colin: Fantasy finance for Disney CFO

2y Taking Stock
Ex-Aero Inventory FD struck off and fined by FRC

People Business Ex-Aero Inventory FD struck off and fined by FRC

2y Chris Warmoll, Writer
Friday Afternoon Live: 'Posh' accountants; The CFO Agenda 2015

People Business Friday Afternoon Live: 'Posh' accountants; The CFO Agenda 2015

3y Kevin Reed, Writer
blur group finance chief leaves to face bankruptcy hearing

Legal blur group finance chief leaves to face bankruptcy hearing

3y Chris Warmoll, Writer
Ex-PwC FS head replaces Rosemary Thorne as Santander UK audit chair

People Business Ex-PwC FS head replaces Rosemary Thorne as Santander UK audit chair

3y Kevin Reed, Writer