This study is the first detailed analysis of the trajectory that leading European CFOs have taken en route to the top. We embarked upon a rigorous analysis of the careers of CFOs at leading companies across Europe to better understand what has prepared them for the leadership positions they now occupy.
Our research looks at the CFOs from the top companies in France, Germany, the Netherlands, the Nordics, Switzerland and the UK, paying particular attention to their breadth of functional experience, the extent of their international experience and the difference in profiles between internal and external hires. This analysis goes well beyond information in the public domain, building on our knowledge of each individual’s background that goes back to the start of their careers. This has enabled us to examine specific roles that CFOs have undertaken within the finance function (and outside of it), identify patterns and determine what experience is most valuable and relevant in the formation of potential CFOs across Europe.