Cowen Partners Executive Search reposted this
The new CFO will play a major role in keeping up this momentum. Target is “highly regarded” and should not have any issues attracting top talent, Shawn Cole, president and founding partner of Cowen Partners Executive Search, a C-suite-focused executive search firm, told me. The average CFO search lasts approximately six to nine months, Cole said. But he doesn’t think it will take Target nine months to secure a new finance chief. The company’s ideal CFO would bring extensive experience in retail finance, with a deep understanding of the industry's challenges, such as low margins, high inventory turnover, and supply chain complexities, Cole said. A candidate with experience in senior financial roles at large, omni-channel retailers with e-commerce exposure, would also be desirable to the board, as well as possessing a proven track record in optimizing costs, improving supply chain efficiency, and managing substantial budgets, he said. “Experience in leading financial strategy through transformation, including digital innovation and market expansion, is essential,” Cole said. And the ability to align financial strategy with operational goals is key as well, he said. Sheryl Estrada Fortune #CFO #ExecutiveSearch #Leadership #RetailFinance #TopTalent #TargetCorporation #CorporateStrategy #FinancialLeadership #OmniChannel #SupplyChain #DigitalInnovation #Finance https://lnkd.in/gi6rpzbi