CFO spots increasingly being filled by women, minorities

Continuing a decade-long trend, the percentage of finance chief positions at large companies filled by women and minorities increased last year.

Approximately 14 percent of CFOs in the Fortune 500 were women at the end of 2015 — a 12 percent increase over the year prior, according to The Wall Street Journal, which cited research from executive recruiter Spencer Stuart.

About 6 percent of CFOs in the Fortune 500 were minorities at the end of last year, up from 4.7 percent in 2014, according to the report.

The average tenure for Fortune 500 finance chiefs was down for the third straight year in 2015, falling to 5.6 years.

More articles on healthcare finance:

SC hospital temporarily closes its doors due to flood damage
Plan proposed to pay NY's big systems $2.5B to bail out Brooklyn hospitals
Tenn. hospital granted emergency $10M after 'serious deficiencies' found at facility

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months