Between intensifying competition, technological innovation, changing customer expectations, and new business models that have upended finance department workflows, CFOs’ responsibilities have changed immensely.
Zuora Co-Founder and CEO Tien Tzuo spoke with four topflight CFOs — Todd McElhatton, CFO of Zuora; Mark Garrett, Adobe’s legendary ex-CFO; Megan Murray, eMoney’s Head of Finance; and Steve Cakebread, formerly CFO at Salesforce, Pandora and now CFO at Yext, and author of the upcoming “The IPO Playbook: An Insider’s Perspective on Taking Your Company Public and How to Do It Right” about how the role of CFO has changed — and what it takes to be a successful CFO today.
Two things we found across the board:
- 1. The CFO role has broadened significantly.
- 2. Successful CFOs must have the ability to master data to drive business results.
We’ve distilled their perspectives into six core traits and skills for today’s CFO. Read on for their take on what success looks like within the finance function, the role of automation, and why the distinction between front and back office is less and less relevant.