CFO Dive

      Cowen Partners on Earnings Season CFO Moves

      Announcing CFO exits and entrances during earnings season can pave the way to a smooth transition — but there can be downsides.

      Shawn Cole, president at the executive search firm Cowen Partners, said executive announcements like the “well-received” news at Costco this week can “stand alone” if they are viewed as positive.

      Costco shares were up 8% in the $720 area in late afternoon trading Wednesday, one day after the CFO announcement. 

      While Cole agreed that there are many positives to packaging positive earnings and an executive change together, Cole noted there can be downsides to the practice. 

      For example, it can prompt suspicion if it is viewed as a “tactic of crisis control PR — packaging information in an attempt to not draw too much negative attention to a company,” Cole said.

      Read more HERE

      About CFO Dive

      CFO Dive provides in-depth journalism and insight into the most impactful news and trends shaping finance. The newsletters and website cover topics such as financial reporting, compliance, technology, risk management, leadership, and more.

      CFO Dive is a leading publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 10+ million decision makers in competitive industries.

      Cowen Partners is the nation’s executive search firm, enabling companies to harness the power of human capital to fuel their success. Specializing in interim CFO recruitment and other executive search engagements, Cowen Partners gives our clients access to the top 1% of human capital to create opportunities that accelerate their growth and market share. With Cowen Partners, clients can grow at scale, create value, and drive results with world class talent. Our clients are both small and large, publicly traded, pre-IPO, private, and non-profit organizations.

      Clients are typically $50 million to multi-billion dollar revenue Fortune 1000 companies or have assets between $500 million to $15 billion. Successful placements span the entire C-Suite and include VP and director level leadership roles.

      With our proven processes and guaranteed results, we have successfully placed hundreds of candidates in industries including technology, healthcare, manufacturing, retail, financial services, and private equity.

      About Shawn Cole, President & Cofounder

      Shawn Cole is a serial entrepreneur and executive leader with over 15 years’ experience founding and running successful companies. Shawn’s business career has been centered on value creation for both turnarounds and startups.

      Shawn is President and Co-Founder of Cowen Partners, a national CFO executive search firm focused on the key elements of a successful business: sales, marketing, and finance. Business clients across the country trust Cowen Partners to take their companies to the next level by finding them executive talent, such as a CEO, CFO, COO, Chief Revenue Officer, and Chief Marketing Officer. Clients are both small and large, publicly traded, pre-IPO, private, and non-profit organizations, typically $50 million to multi-billion dollar revenue Fortune 1000 companies or have assets between $1 billion and $15 billion.

      An active participant in the business community and startup space, Shawn Co-Chairs The Cowen Partners Venture Fund which provides seed funding and early stage investments, focusing on market disruptors in niche markets, community businesses, and minority entrepreneurs.

      Shawn attended Oregon State University’s College of Business Austin Entrepreneurship Program and participated in a first-of-its-kind experiential entrepreneurship experiment at Weatherford Hall. He was also a Founding Member and President of Oregon State University’s Students in Free Enterprise, an international non-profit organization working with university students who want to positively change their communities and learn practical knowledge to become socially responsible business leaders.

      At the age of 16 Shawn became a volunteer firefighter and EMT, eventually founding and managing a half marathon to raise funds for the community. To date, the marathon is still a success and has raised over one million dollars benefiting the community.

      Get in Touch.

      Fill out the email request form to learn more about our approach.









        [honeypot website]