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External Partners Alumni Search Submit Return to home Search Search About About Olin Home Why Olin Equity, Diversity & Inclusion Leadership & Strategy News & Media Events Contact Us Programs Programs Home Explore Our Programs BS in Business Administration MBAs Specialized Master's Doctoral Executive Education Dual Degrees Faculty & Research Faculty & Research Home Faculty Directory Research Research Centers Olin Brookings Commission Olin Award Student Resources Student Resources Home Career Services Center for Experiential Learning Entrepreneurship Academic Calendars Student Organizations For Current Students For Military Veterans Admissions Admissions Home Scholarships & Aid Attend Program Events Visit Olin Ask a Student Student Profiles Request Information Refer a Candidate External Partners Alumni EMBA Roundtable: The ever-evolving role of CFO December 14, 2017 By Guest Blogger 2 minute read Home News EMBA Roundtable: The ever-evolving role of CFO Karen Bland wrote the following for the Olin Blog. On November 30, four Executive MBA alumni and students&＃8212;all leading Chief Financial Officers representing a variety of industries&＃8212;gathered to discuss the challenges and ever-changing roles of CFOs. Rebecca Boyer, of KellyMitchell Group, Charles Kim, of Commerce BancShares Inc., and Jim McCool, of Bunzl Distribution Co., discussed the influence, evolution, and expansion of the CFO role in a roundtable moderated by EMBA student Laura Carel, Manager of Complience at Emerson Automation Solutions. Over the past decade, the role of CFO has extended well beyond the key functions of financial reporting, forecasting, auditing, and structure. CFOs are often the voice of the company within investor relations and communications to the board, as well as leaders of key strategic and operations initiatives. Despite the rapid rise of the CFO, studies show that less than 15% of CEOs moved into their role from CFO. Jim, Rebecca, and Chuck each shared how their respective companies are shaping the role of CFO to meet today&＃8217;s demands. They discussed ways they continue to evolve as professionals, including the development of soft skills, to prepare themselves for the next step. All three agreed that having a strong operations background (rather than purely financial) was a huge asset, providing a deep understanding of the business. Rebecca also emphasized the importance of strong communication skills in the role of CFO. The next Olin roundtable event, a discussion on the role of operations executives, will take place on January 17, 2018. Check out Olin&＃8217;s upcoming events for more. About the Author Guest Blogger From time to time we have professors, students, staff, alumni, or friends who are not regular contributors, but want to share something with the community. Be sure to look at the bottom of the post to see the author. Contact Us For assistance in finding faculty experts, please contact Washington University Public Affairs. Monday&＃8211;Friday, 8:30 to 5 p.m. Sara Savat, Senior News Director, Business and Social [email protected] &＃160; Kurt Greenbaum,Communications [email protected] Twitter: WUSTLnews Share article Apply Now Visit Us Request Info One Brookings Drive, St. Louis, MO 63130-4899 [email protected] 314-935-7301 News & Media Events Faculty Directory WashU Center for Career Engagement Washington University home Olin Links Sitemap Privacy Policies Title IX Accessibility ©2024 Washington University in St. Louis