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The Benefits of Skillset Diversity: Building a Leadership Team and Board with Contrasting Backgrounds
The Top 100 GC Moves Of 2021 From Around The World
Published by: Robyn Goldberg
Published on:

The Top 100 CFO Moves Of 2021 From Around The World

Published by: Robyn Goldberg
Published on:
BoardEx data shows 25% of the top CFOs appointed in 2021 are female.

The role of the CFO is shifting and there is a greater emphasis on finding someone to be a strategic partner to a company’s CEO, moving beyond financial reporting. 

A recent BoardEx analysis looks at the top 100 CFOs appointed in 2021, ranked by their organizations market cap.  A closer look at the top 10 appointments tells a different story about the backgrounds of CFOs leading some of the world’s largest organizations.  Only one, Amy Elizabeth Weaver of Salesforce, has a less traditional background working her way up the organization within the legal function and serving as the company’s GC from 2013 to 2015.

The data shows that 30% of CFOs are external appointments, nearly twice the rate of the top CEO appointments for 2021.  A quarter of the top CFOs appointed in 2021 were female with many appointments within financial services including Sharon Yeshaya of Morgan Stanley, Alesia Jeanne Haas of Coinbase and Jen Benson Dardis of T Rowe Price.

Top 10 CFO Moves of 2021

Name Gender Organization Role Sector Country/Region Appointment Diversity Network
Jeremy Barnum Male JP Morgan Chase & Co CFO Banks United States Internal
Andre Schulten Male Procter & Gamble CFO Household Products United States Internal
Alastair M Borthwick Male Bank of America CFO Banks United States Internal
Amy Elizabeth Weaver Female President/CFO Software & Computer Services United States Internal
Caroline Litchfield Female Merck & Co Inc Executive VP/CFO Pharmaceuticals and Biotechnology United States Internal
Samir Seksaria Male Tata Consultancy Services CFO Business Services India Internal
Sharon Yeshaya Female Morgan Stanley CFO Speciality & Other Finance United States Internal
Pascal Desroches Male AT&T Senior Executive VP/CFO Telecommunication Services United States External Black Association Network
Rachel Ruggeri Female Starbucks Executive VP/CFO Leisure & Hotels United States Internal

Source BoardEx