As the pressure from shareholders and regulators mounts, more FTSE100 FDs than ever are quitting their jobs. Is the role losing its gloss?
Glamour may not, admittedly, be an adjective that sits comfortably with the words ‘finance director’, but with new research suggesting that more FTSE 100 FDs than ever are quitting their jobs, could it be that leading the finance team at a listed company is losing its appeal?
To suggest the job is at something of a crisis would be a gross overstatement. Nonetheless, research published last week by consultancy Mercer and executive search firm Russell Reynolds Associates paints a pretty gloomy picture of life in the financial hot seat.
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