Becker's Healthcare November 28, 2023
A survey revealed the vast majority of CFOs working for private-equity portfolio companies are worried about their job security, The Wall Street Journal reported Nov. 27.
The report cited a recent Accordion survey of 200 finance chiefs and private-equity sponsors that found that 91% of CFOs worry about their jobs following a private equity investment in their employer. That’s up from 87% in 2021 and 66% in 2019.
More private equity firms are looking for CFOs that can identify and implement strategic initiatives to drive growth in addition to performing more traditional reporting and finance tasks, according to the report. But firms and CFOs don’t always see eye-to-eye on where to focus their time and energy to meet...
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