Publication

The role of the chief financial officer (CFO) has undergone significant transformation over the last decade. In the current era of increased regulatory demands, rapid technological change, and a host of risks both familiar and novel, the partnership between the audit committee and the CFO is more important than ever.
From May to September 2024, Tapestry Networks convened members of the Audit Committee Leadership Network (ACLN), the European Audit Committee Leadership Network (EACLN), and the East Audit Committee Network (EACN), alongside leading CFOs in order to discuss the relationship between the audit committee and the CFO and the finance function more broadly. Guests included Aaron Alt, CFO of Cardinal Health; Dominik Asam, member of the executive board and CFO of SAP SE; Jeff Campbell, retired vice chair and CFO of American Express (and ACLN member); Aradhana Sarin, CFO of AstraZeneca; and John Witek, interim CFO of Pitney Bowes. Several members who have previously served as CFOs offered insights from both their audit chair and CFO perspectives.