Summary

We had a lively group discussion led by Professor Howard P. Tuckman, PhD, of Fordham University Graduate School of Business centered on “The Changing CFO.” This event, held at the University Club in mid-town Manhattan launched the CFO Alliance in New York City. Dr. Tuckman led our group of 50 CFOs from the region, representing various industries, including manufacturing and wholesale distribution, retail and apparel, financial services, real estate and construction, not-for-profit and healthcare in a discussion, dissection and debate on the challenging environment that CFOs currently face and the impact it has on them and on their tactical and strategic responsibilities.

- Nick Araco, Jr., Esq. Executive Director, The CFO Alliance

“Today’s CFO must be something to everyone: the firm’s top accountant, the CEO’s strategic partner, the gatekeeper for new initiatives, the chief metrics officer, the head of financial reporting compliance, spokesperson for external constituencies, and the board of directors’ (or at least the audit committee’s) new best friend. And in this post-Enron, post-Worldcom, post-Tyco world, the CFO must be as squeaky clean as Clark Kent. She, or he, must be the Super CFO.”

Jonathan Karpoff, Norman J. Metcalfe Endowed Professor in Finance, University of Washington