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Explore the Top 5 2024 Best CFOs list, featuring top financial leaders driving innovation and growth. Discover their impact and achievements!
Behind every successful company is a CFO who knows how to turn numbers into strategy.
In 2024, the role of a Chief Financial Officer evolved far beyond managing budgets it’s now about driving innovation, managing risks in uncertain times, and steering businesses toward sustainable growth.
In this article, we’ll spotlight the top 5 CFOs of 2024 who have set new benchmarks for financial leadership, tackling economic shifts and industry challenges with creativity and precision.
Image Source: Observer
Here are brief profiles of the top five CFOs in 2024:
Total Annual Compensation: $52,356,095
As President and CFO of Live Nation Entertainment, Joe Berchtold has led the company's financial strategy, expanding its presence to over 40 countries and consistently delivering record financial and operational results.
Total Annual Compensation: $26,319,581
Since becoming Microsoft's first female CFO in 2013, Amy Hood has overseen significant investments, including a $64 billion commitment to artificial intelligence, balancing innovation with financial discipline.
Total Annual Compensation: $26,935,883
Serving as Apple's CFO since 2014, Luca Maestri has been instrumental in the company's financial operations. He is set to transition from his role on January 1, 2025, continuing to lead corporate services under CEO Tim Cook.
Total Annual Compensation: $36,025,857
Michael S. Chae, Blackstone's CFO since 2015, has played a central role in the firm's largest private equity investments and is a member of its Management Committee and investment committees.
Total Annual Compensation: $24,453,769
Ruth Porat was the longest-running CFO of Alphabet (Google). Thanks to her vision and effective strategies as a CFO, she was promoted from CFO to President and Chief Investment Officer of Alphabet and Google in 2023. Now, she oversees corporate investments and infrastructure, including GV and the Other Bets portfolio.
The 2024 Best CFOs list highlights visionary leaders who have redefined financial excellence. By aligning their organizations with future trends, their strategies have driven profitability.
These leaders can adapt to changing economic landscapes, embrace cutting-edge technologies, and focus on sustainability.
This underscores their critical role in shaping the future of business. For aspiring financial professionals, these CFOs serve as an inspiration.
For more insights on effective financial tools and resources, visit Best CFO Tools.