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Investment banking background in vogue for CFO posts

Of CFOs appointed outside their respective industry over the past five years, 27% came from financial services

Ruth Porat swapped Morgan Stanley for Google
Ruth Porat swapped Morgan Stanley for Google Photo: Getty Images

Comcast’s incoming finance chief has investment banking skills that seem to be increasingly popular for businesses looking for growth opportunities.

Michael Cavanagh was co-president and co-chief operating officer at Carlyle Group - and before that, he was co-head of JP Morgan's Wall Street operations.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire