Calming the Waters

What happens when the CEO and CFO just don't get along?

Of course, it will do no good to leave one unpleasant situation only to wind up in another. To avoid a job where personality clashes arise, finance executives need to do careful due diligence; asking the hiring CEO, for example, about how he or she envisions the CFO fitting in with the rest of the management team can be revealing.

“It would scare me if the CEO said, ‘The CFO is only responsible for making sure the numbers are right,’” says Wisler. She would prefer the chief executive to have a more expansive and inclusive definition of the CFO’s role. Wisler has also asked for references from past employees of the company. Most important, says Wisler, is to ask “the same blatant, open question to a lot of people: Why did the last CFO leave?”

Kate O’Sullivan is staff writer at CFO.

CFOs on the Move

Raytheon has tapped its fourth CFO in four years, naming David Wajsgras to the post at the aerospace and defense contractorÂ…. John Ludwig is the new finance chief at Brightpoint Americas, a division of wireless-device distributor Brightpoint…. Patricia Gondolfo has left the CFO job at Mount Kisco Medical Group to become COO at Radiation Therapy Services…. Flash-memory device maker Spansion has named Dario Sacomani to the top finance post…. Daniel Miller takes over the finance department at media and entertainment company PlanetOut…. Fairchild Semiconductor International has appointed Mark Frey finance chief…. Michel Yonker is the new CFO, treasurer, and secretary at computer-chip maker Pixelworks…. Forest-products giant Weyerhaeuser has promoted Jeanne Hillman from corporate controller to chief accounting officer…. Gary McArthur advances from his role as treasurer at Harris to become CFO at the communications firm…. Symbol Technologies has selected Timothy Yates to be its finance head and a director. Yates joins from Saguenay Capital…. Jacqueline Collier has added chief accounting officer duties to his role as controller at aviation-parts maker Aviall…. John Kritzmacher is the new CFO at Lucent Technologies. He succeeds Frank D’Amelio, who is now COO…. Sports-apparel company Ashworth has named Winston Hickman to the top finance post…. Joyce Clinton joins Pacific Capital Bancorp as CFO after leaving the post at Wells Fargo Services.


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