Together with Deloitte, FRANQ has made an analysis of the CFO role in PE-backed companies including the high turnover rate of more than 80 %.
To understand the high turnover rate, we have identified two aspects to consider: how CFOs navigate their role and what it requires working in a PE-backed company. In short, there are two main ways you can fall short in the role as CFO in a PE-backed company: If you fail to get the basics right or if you are unable to act as a business partner and leverage strategic insights. Furthermore, the role as CFO in a PE-backed company entails high demands and support is an important but often scarce resource.
In the report we recommend a number of specific actions to consider.
You can download the report here: