My friend's father is CEO of mid-sized public company. Since it's a public company, I decided to do some totally legal snooping and checked out online how much a CEO like that makes... and was shocked to learn that my friend's dad made $5.2 million last year! I was shocked for a few reasons, but mostly because the family lives very modestly... hell, the dad drives a Ford into work every day. I asked my friend what the dad's path was to CEO, and he said that his dad was the CFO of the company for 7 or 8 years, then was promoted to CEO when the former CEO retired. So what's the deal with the CFO
28 Jul 2018
I've worked for State Street for 3 years as a fund account and later in fund administration. I'm hoping to migrate into a financial analyst position at a public company in order to get on something closer to a CFO track. Has anyone made the transition? What are the major differences between the skill sets? Do FP&A hiring managers look down upon applicants from the custodial side of the asset management world?
16 Apr 2019