Gary McGaghey has served as the chief financial officer of Williams Lea Tag and group chief financial officer of international companies. He has the role of overseeing the company’s performance and cost restructuring. Furthermore, he oversees mergers, acquisitions, and balance sheet refinancing for the multibillion-dollar company.
Before joining Williams Lea Tag, he served at Robertson’s, Unilever, and Nelsons, where he served as chief operations officer. According to him, his success in his management roles has been attributed to working closely with his team and having a good execution plan that is flexible to change with circumstances.
After the outbreak of the Covid-19 pandemic, the chief financial officers have found themselves tasked with the greater roles of providing solutions to global issues like climatic change, the fast building inflation, social and economic issues, and supply chain issues in the world market. This is because finance leaders are tasked to provide a solution to the broader business.
Additionally, finance leaders also help in creating faster and better sustainable businesses. Furthermore, chief financial officers are tasked with creating new avenues for business innovations and setting a pace for the growth of the businesses. According to Gary McGaghey, technological advancements have come to help create better working conditions for the CFOs and make their work easier.
According to Gary McGaghey, every business-minded individual must be speedy while carrying out their activities. This is because the business requires quick action to respond to issues that will, in return, bring revenues to the business. In case of any mistakes, one must take fast corrective action, learn the lesson not to repeat the same mistake in the future, and move on.
Gary McGaghey encourages everyone who is business-minded to be good listeners and think first before making decisions to ensure that they are making the best move. For the future of chief finance officers, their roles are getting advanced with time, where they are added more responsibilities to make business operations easier. Read more information about Gary McGaghey