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The CEO has literally no say in creating Capital Allocations. That's what the CFO is there for.
by nojito 5y ago
The CEO has literally no say in creating Capital Allocations. That's what the CFO is there for.
- lumost 5y agoThis will vary from company to company - In some companies the CFO was selected by the board to keep finances in order as the CEO is not trusted, in others the CEO will defer this to the CFO by choice or through collaboration, and some CFO's will probably do not much more than do what the CEO tells them to.
- nojito 5y agoAbsolute nonsense. CEOs are facilitators. Maybe this is a case of startup culture seeping in but there is always a firewall between the CEO and the rest of the c suite.
- pc86 5y agoWho does the CFO report to if not the CEO?