Hunt Scanlon: Women CFOs at Top Companies See Gains in First Half of 2022

      Hunt Scanlon: Women CFOs at Top Companies See Gains in First Half of 2022

      Although the percentage of chief #financial officers hired by Fortune 500 and other notable companies continue to skew male, over a third of new #CFOs hired by #Fortune500 companies and companies of note in 2022 have been female (36 percent), suggesting a steady incline in female representation among CFOs in the Fortune 500, according to a new report from Cowen Partners | Executive Search + Consulting. This builds on the reported all-time high rate of 15 percent sitting female CFOs at Fortune 500 and S&P 500 companies in 2021.

      Most CFO hires in the first half of 2022 were white (80 percent), but a significant number of CFOs hired were people of color (52 individuals), says the #search firm’s newly released “CFO Movement Study 2022.” Particularly noteworthy, a high rate of women of color obtained first-time CFO roles (61 percent CFO females of color were first-time CFOs this year vs. 37 percent of their white female peers.) “This could be due to more white females having already obtained CFO roles previously, although it also suggests a positive trend of more females of color breaking into the CFO role for the first time,” said the report.

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      About Hunt Scanlon

      Hunt Scanlon Media is one of the leading names in the senior talent management sector, with over 25 years in the business. The firm has global staffing intelligence data available in daily newswires, annual leadership and state of the industry reports, market intelligence sector briefings, global conferences, and in its flagship newsletter Executive Search Review.

      About Cowen Partners Executive Search

      Cowen Partners is the nation’s executive search firm, enabling companies to harness the power of human capital to fuel their success. 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 of a billion plus. 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.

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