CFO Must-Reads: Week of 12/21

Adaptive Insights, cpm software, corporate performance management, business intelligence, financial planning, financial budgets, financial reportingOur last CFO Must-Reads of the year highlights key issues for 2015 that will have far-reaching impacts into 2016. First, the rise of female CFOs: With median compensation for female CFOs last year rising nearly 11%, they outpaced their male counterparts. In addition, many are moving quickly from the role of CFO to CEO as CFO job requirements expand to become more strategic—for both men and women. With a focus on global factors, we also look at the impact currency fluctuations could have on businesses. CFOs globally share that concern, along with some other concerns about the future. For many, this means FP&A tools should probably be on their wish lists for the coming year. Meanwhile, some companies have decided to head out and buy a little something for themselves, putting 2015 into the record books for mergers and acquisitions—a trend that will surely impact 2016.

Female CEOs, CFOs Earning More than Male Counterparts

It turns out that the law of supply and demand also applies to female executives. With few qualified female candidates and a desire to have female execs on staff, midsize and large companies are willing to pay higher salaries. So much so that median compensation now exceeds that of male execs. As important, CFO compensation is expanding in general as roles expand and companies search for individuals who contribute strategically to the overall direction of the company. (via ValueWalk.com)

2016 Currency Predictions

Currency volatility is likely to become more prominent and “normal” in 2016, presenting real risks for business. FP&A technology will therefore be a key tool for businesses and execs who need more insights into how this volatility will impact their businesses. (via CFO.com)

Mergers and Acquisitions Hit Record High

As 2015 comes to a close, it may best be remembered as the year of M&As. With $4.6 trillion dollars worth in takeovers, this year edged out 2007 as the biggest ever in that department, with 58 of those deals worth $10 billion—also a record. Unlike years past, though, the activity involves companies, and sometimes competitors, in the same industries. This could mean a reshaping of the U.S. economy. (via Wall Street Journal)

Risk Appetite Falls

Deloitte’s 2015 Global CFO Signals report indicates that CFOs worldwide have concerns about the future—among them, currency fluctuations, China’s economic slowdown, and lower prices. The study reports the opinions of CFOs in 21 geographies. (via Wall Street Journal)

What do you like to read as a modern finance leader? Tweet your top picks to @AdaptiveInsight, and check out our conversations on LinkedIn.

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