h digitalfootprint web 728x90

Female CFOs brought in $1.8 trillion more than male peers


Bloomberg: Companies looking for better financial returns should consider a female chief financial officer. Within the first 24 months of appointing female CFOs, companies saw, on average, a 6% increase in profits and an 8% better stock return, compared with performance under male predecessors. These women brought in $1.8 trillion of additional cumulative profits, according to a study by S&P Global Market Intelligence. The researchers looked at 6,000 companies on the Russell 3000 over the last 17 years.

Facebook Notice for EU! You need to login to view and post FB Comments!

uofitippie web 030123 300x250