India Inc. Sees Over 100 CFO Exits In H1 FY2026

India Inc. saw over 100 Chief Financial Officer (CFO) exits between April and September 2025, according to a Storyboard18 analysis. Founder-led companies recorded higher attrition due to unclear mandates and decision-making challenges, while institutional and PE-backed firms with defined governance structures witnessed longer CFO retention.

Recent departures include resignations during this period include Parag Parikh (Adani Total Gas), Chintan Thakkar (Info Edge), Yogesh Sirohi (PwC India), Nilanjan Roy (Infosys), and Gandharv Tongia (Polycab India). Data shows average CFO tenure has been shrinking since 2020, with high-growth sectors like fintech and technology now averaging around two years. Internally promoted CFOs tend to stay longer compared to external hires, given stronger alignment with organisational culture and processes.