CFO promoted to CEO: a passing trend or a real change?

The recent nominations, particularly in the CAC 40, of former CFO to positions of CEO or COO (Danone, AccordHotels, Engie…), more than being emblematic of a trend, appear to translate a deep and durable transformation of the organisation of the companies.

Let’s talk about the context: companies evolve in an environment that is increasingly complex; we can assume that the finance function provides a relevant analysis key, objectively opposable, likely to give credit to a strategy.

Guardian of the financial picture of the company, the CFO has, in recent years, seen its function expand its prerogative to become an indispensable steering lever of the company.

The CFO translates the business and economical situation into financial figures, evaluates the risks and proposes action plans.

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Innovation and digitalization of Mid-Caps, how to identify new growth levers?

The 3500 Mid-Caps and Family Owned Companies play a vital role in the French economy. Thanks to their long-term vision, they sustain their economic cycles and invest durably. They contribute to innovation, creation of value and employment in our country.


How do Mid-Caps approach the digital transformation of the economy?

ARROWMAN Executive Search, who carries out 35% of its recruitment missions of executives and directors for Mid-Caps and Family Owned Companies, has noticed that Mid-Caps, who are traditionally more innovative than firms, are rather behind on these subjects.

By conducting a more in-depth analysis, we’ve observed that the situation is quite heterogeneous and essentially depends on the dynamic generated by the Leaders. Consequently, Mid-Caps are very prudent in their technological choices.

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