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by Kranar
1048 days ago
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Just to put things in context, the average tenure of a CFO among S&P 500 companies is 3.5 years. I don't think that's a big deal, but apparently people commenting here think a CFO departing is some kind of major signal of something. At any rate, it's at least worth knowing quantitatively that this happens once every 4 years or so. |
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there are any number of things that might cause one to make such a transition, many of which having nothing to do with the company being departed. and, yes, many that do.
it could be because he’s going to be 40 not all that long from now, perhaps a midlife crisis, or an attempt to avert one. or maybe he discovered his true passion in life, basket weaving. (mid-life crisis? mid-life catharsis!)
maybe musk didn’t like his dinner choice. maybe zach laughed when musk said he’d beat zuck in that fight. maybe he failed to laugh at the right time.
right now? who knows.
but a cfo departure with a few months of wind down isn’t conclusive of much more than the cfo leaving and providing a few months of transition time to their successor and the company.