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Articles

When the Stakes Rise

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By Linda Barham, Jenna Fisher, Jim Lawson
| russellreynolds.com
Jump To: Foreword That context is reinforced in our headline finding from our Global CFO Turnover Index 2025 Report: across the indices we measured, global incoming CFO appointments reached a seven-year high, reinforcing that elevated turnover is now a persistent feature of today’s leadership landscape—not a one-off correction. As expectations rise, demand for seasoned CFOs leaders is keeping pace.
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Global CFO Turnover Index

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By Adelin Choy, Linda Barham, Jenna Fisher
| russellreynolds.com
What this means for CFO succession The H1 2026 data points to a CFO market characterized by a record appointment rate, a year-over-year rise in the share of first-time CFOs, and a growing proportion of retirement-driven departures. These trends are closely connected. As experienced CFOs retire, the supply of seasoned finance leaders may tighten, increasing the likelihood that organizations will need to consider first-time candidates.
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