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No move for 48% of Canadian finance chiefs

May 23 2013

Forty-eight percent of Canadian CFOs are satisfied in their current role and plan no career move, according to a new survey from Robert Half Management Resources. And 25 percent said retirement will be their next career move.

“Today’s CFOs are faced with wide-ranging responsibility and accountability, as well as the ability to influence all areas of their organizations, including those outside of traditional finance. It’s a rewarding position with a high level of job satisfaction,” said David King, Canadian district president of Robert Half Management Resources. “Many executives are looking at interim and consulting CFO roles as an option to transition into retirement while tackling the aspects of the position they enjoy.”

CFOs were asked, “Which one of the following comes closest to describing what you hope will be your next career move?” Responses included:

No change/satisfied in current role: 48 percent
Retire: 25 percent
Start own business: 14 percent
CFO for a larger company: 7 percent
CEO or president of a company: 5 percent
Don’t know/no answer: 1 percent

The survey is based on interviews with more than 270 CFOs across Canada.

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