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Why Would You Want to Work for a PE-Backed Firm?

For CFOs who may be of a mind to hook up with a private equity-backed company, open your eyes wide and tread very carefully. When speaking with senior financial executives about their career aspirations, the conversation often turns to a desire to work for a private equity-backed company. I am talking about a large majority of respondents here – at least 70 percent. When I ask why, the answer invariably focuses on the opportunity to participate in a transaction and … Read more

What CFOs Can Do About Diversity

I’m not going to rehash the economic benefits a company accrues by employing progressive diversity policies. The benefits are clear. Companies that promote diversity do better financially than those that do not. If this fact is obvious, why is there such a shortage of diversity in the finance function, and what can a CFO do about it? First, the top of the funnel is still small. According to a 2019 study by the AICPA, most students studying accounting are white, … Read more