#internal-promotions

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Business
fromFortune
1 week ago

Fortune 500 companies are promoting CFOs internally, as finance chiefs seek to prepare for CEO roles

Fortune 500 CFO hires shifted strongly toward internal promotions in early 2025, with external CFO hiring at 28%, down nearly 50% from last year.
fromFast Company
1 week ago

Promoted? Here's how to help your successor shine

These numbers reflect the critical need for effective support during leadership transitions. If this sounds familiar, here's how leaders can coach someone up to replace them. COACH THEIR MINDSET AND NOT JUST THEIR SKILL SET When we hand off a role, we often default to knowledge transfer. We overemphasize tools, systems, and processes. But that is not where most leaders struggle. The deeper fear for most new leaders is internal: Will I ever be as good as you?
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