Q&A with Vertiv's CFO David Fallon; MLB finance leaders’ long tenure; and CFO turnover picks up

Q&A with Vertiv's CFO David Fallon; MLB finance leaders’ long tenure; and CFO turnover picks up

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Moving finance to the front of the business: Q&A with Vertiv CFO David Fallon

The chip infrastructure developer’s CFO discusses the company’s business transformation, getting the finance team closer to the business and ways to use AI in finance functions.

"Oftentimes, you see finance at the end of the parade just reporting on what happened, but I believe that is too late. So, what we have done is shift the focus of the finance team to the very front end of processes."

Read the full story here.


MLB finance leaders’ average tenure is over 10 years — more than doubling other industries

An aerial view from a drone shows the Camden Yards baseball stadium on April 29, 2020 in Baltimore, Maryland. Credit: Mark Wilson via Getty Images

The average tenure of a finance leader in professional baseball is more than double the length of CFOs in other industries, according to data compiled by CFO.com.

Whether it’s the allure of the position, perks or considered a dream job, data shows that among all of the CFO or equivalent positions across MLB’s 30 teams, the average tenure of the lead finance position is 10.5 years.?

Read the full story here.


Building a global tech company from scratch: Q&A with UST CFO Vijay Padmanabhan

The 25-year finance veteran discusses the value of a strong CFO-CEO relationship, how he is using AI and building a schedule around a global workforce.

“Even if there’s a disagreement between the CFO and CEO, I’ve found it’s important to be able to have an environment where we can not only bounce ideas off of one another but be able to fully express our points of view.”

Read the full story here.


6 podcast episodes CFOs should listen to before summer ends

With thousands of finance and accounting podcasts available, it can be a challenge to find quality and informative content in this space. To make it easier for CFOs looking for some passive insight during downtime or on the beach, we narrowed it down to this list of recent CFO-centric podcast episodes worth listening to.?

Read the full story here.


CFO turnover picks up amid new normal

First-half turnover among CFOs at public companies worldwide took a bit of a leap in 2024 compared to recent years, with the proportion of outgoing finance chiefs reaching 8.9%, according to new data from Russell Reynolds.

Read the full story here.


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This edition of Preferred Shares was created by senior editor Lauren Muskett.

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