The CFO's New Mandate: A Sign of Changing Times or a Recipe for Disaster? The trend of expanding the CFO's mandate to include COO duties reflects changing times, but it also raises concerns.
On the surface, this move seems logical, as the CFO is already familiar with both financials and operations. However, upon closer inspection, a more nuanced picture emerges.
One explanation for this trend is that boards are leveraging the CFO's unique position at the intersection of finance and operations to drive capital efficiency and tighter data integration.