Deloitte’s report emphasizes the critical need for formal CFO succession planning amid rising turnover, evolving CFO roles, and demographic shifts. Many companies lack a plan, risking leadership gaps during transitions. Effective succession involves identifying future-ready leaders with operational, tech, and strategic skills. CFOs should mentor successors, offer exposure to board-level responsibilities, and ensure a clean handoff. The guide also notes increasing interest in post-retirement board service, where CFOs bring strategic insight and communication strengths.

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