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Long-term financial impact of pandemic most concerning for CFOs: Stanton Chase

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CFOs) interviewed by executive search firm Stanton Chase reported a decline within their industry in 2020 compared to 2019.In a report titled “Trial By Fire: How CFOs Are Stepping Up Amid The Crisis", Stanton Chase, details how CFOs around the globe have responded to the covid-19 pandemic and how the crisis in turn is reshaping their role and honing their focus on strategy, technology, and human capital."As the pandemic continues unabated in many business markets, much of the early optimism for a potential hockey-stick recovery has ebbed, with signs increasingly pointing to a longer-term –and much more uncertain – W-shaped recovery," the report said.Respondents cited a downtrend in revenues indicative of other drops on the market.

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