Corporate America is embracing executive alignment the way it once lionized efficiency and ruthlessness. Stepping up to the plate is the newly minted C-suite superstar, the chief revenue officer. A 2023 LinkedIn report identified the CRO as the fastest-growing job title in the US. A McKinsey study from the same year found that Fortune 100 companies with an established CRO, or adjacent role, achieve 1.8 times higher revenue growth. The majority of S&P 500 CEOs come from four positions, according to a 2021 Spencer Stuart study: COO, CFO, divisional CEOs, and elsewhere outside the C-suite. But are times changing? Revenue Brew spoke with two former CROs who are now CEOs and one C-suite construction expert on why the role is starting to more commonly pave a path to the top of the corporate heap. Keep reading here.—BS |