Your C.F.O., a ‘Fraction’ of the Time - The World News

Your C.F.O., a ‘Fraction’ of the Time

Unlike interim leaders, fractional executives typically divide their time across several companies. And unlike consultants, they have the authority to both set and execute strategy.

For instance, during the pandemic, Nauman Poonja, a fractional chief executive in Dallas, helped three clients facing insolvency renegotiate with vendors and find other sources of funds.

Andy Vawter, president of MPS, a company in McKinney, Texas, that designs and manufactures sound-masking solutions, has worked with several fractional executives.

Jim Wilson/The New York Times

Add a Comment

Your email address will not be published. Required fields are marked *