Anyone go from a "financial management" role to a "p&l ownership" role?

Anyone go from a "financial management" role to a "p&l ownership" role?

I.E. going from being the finance business partner to being the one calling the shots and owning a business unit?

I've recently become enamored with CFOs that have gone on to take the helm of the company and be named CEOs (Indra Nooyi of Pepsi, Ulf Mark Schneider from Nestle, Sir Martin Sorrell of WPP, etc.). The common theme that they all had was that they transitioned from a CFO type role to the owners of small business units first before getting trusted with the CEO role.

Anyone have any personal stories or experiences of how to transition from managing a P&L's finances to owning it?

 

ShortCut, pure crickets, that's where I come in. Any of these useful?

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  • My boss is letting me choose my job title- How will these two positions compare for an application? position? He offered to let me change the title to make it sound a little better. What do you guys think? He ... MBA application. My long term goal is to go into finance in a specific very developed country whose ... come to him for advice and he has some high ranking contacts at the major financial institutions doing ...
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Fingers crossed that one of those helps you.

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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