Landing the CEO seat is a lot harder for CFOs ‘pigeonholed as a finance chief.' But there are ways to overcome the hurdle [Fortune]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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Source: Fortune
obstacles along the way to the top spot, including one that's fueled by an image issue. I had a conversation with James Stark, consultant in the CFO and audit chair practice at Egon Zehnder, a leadership advisory firm. Sixty percent of CFOs want to be CEOs, and seven in 10 say they are ready to become a chief executive now, according to the firm's recent survey of 581 CFOs worldwide. But just wanting the position is not enough, of course. CFOs must also overcome some real obstacles to make it to the top job. The most cited of these was networking and visibility (46%), followed by customer and market knowledge (30%), and operational experience (25%). The broad concern over networking and visibility an interesting finding, Stark observed, since CFOs already have a fairly visible role on earnings calls and in board meetings. “Some stakeholders may pigeonhole them as finance chiefs only,” he said. And they may not have insight into their operational and broader leadership capabilities
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News
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- MercadoLibre (MELI) to Report Q1 Results: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
MELI
Earnings
- 2/22/24 - Miss
MELI
Sec Filings
- 4/25/24 - Form DEFA14A
- 4/25/24 - Form DEF
- 4/23/24 - Form 8-K
- MELI's page on the SEC website