The BearingPoint Institute study found that a quarter of European Fortune Global 500 CFOs climbed to the top of the career ladder within the last decade. In order to reach the pinnacle, 61% switched to a new company, while a third changed sector.

The survey looked at the career paths of 178 CFOs from European Fortune Global 500 companies from 2004 to 2013, which were then plotted against the performance of the STOXX Europe 600. It found that CFOs are more likely to rise to CEO during periods of economic uncertainty.

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