CFO Studio Magazine - CFO Innovation Award Winners

WINNER 2nd QUARTER 2015 WWW.CFOSTUDIO.COM 11 CFO Mastery Award Fran Shammo Executive Vice President and Chief Financial Officer Verizon Communications “Innovation can require investment, and finance organizations have a tendency to say ‘no, we can’t do that’ when it comes to spending capital. If you focus on the financial metrics alone in your decision-making, that doesn’t always take into account where your customers want to go, limiting your ability to truly innovate. …At Verizon, we have a leadership team that embraces change. It’s part of our Verizon Credo: Change energizes us. We’ve worked hard to establish this culture and do things differently than we did even just a few years ago. …Disorder can be a good thing when it’s leading to innovation, but that only increases the need to have a well- organized and efficient finance organization. Finance has to be able to provide decision support extremely fast, especially in the presence of disorder. So, in a way, the best way for finance executives to embrace disorder within the broader organization is to have complete order in their own.” Finalist for CFO Mastery Award • Claude Draillard, Vice President Finance and Chief Financial Officer, Dassault Falcon Jet Corporation