In private equity, the pressure is high for CFOs to deliver the numbers quickly and accurately with limited support. Responsibilities are also greater; CEOs rely on CFOs to be strategic business partners rather than merely capable accountants. Because of these high demands, effective CFOs are hard to find. The Covid-19 pandemic has only heightened the need for strong financial leadership. The Atlanta Federal Reserve forecasts that economic activity in the second quarter of 2020 will drop by more than 50% in the U.S. ⠡nd some companies have already lost up to 75% of their revż/p>
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