Sharpen analytical skills, effectively manage relationships with internal and external constituencies, and drive strategic direction to lead enterprise transformation and growth, while applying cutting-edge research to the most pressing problems facing finance executives today.
The role of financial leaders today has evolved beyond strictly crunching numbers. Finance officers must be strategic leaders, effective communicators, and risk managers. Chicago Booth has assembled an interdisciplinary team of faculty from the fields of economics, finance, accounting, strategy, and leadership to create The Executive Program for Prospective CFOs.
Led by Randall Kroszner, Norman R. Bobins Professor of Economics, and former Governor of the Federal Reserve System, this program draws upon Booth’s global expertise in finance and strong focus on economic research to address the most pressing issues facing senior finance executives today.
The program includes a "fireside chat" keynote from a distinguished practitioner who will discuss how they have managed strategic challenges in their organization. Fireside chat speakers from previous cohorts include Paul Donofrio, former CFO of Bank of America, Karen Gould, former CFO of Turner Construction, and Ray Young, former vice chairman and CFO of Archer Daniels Midland Company. You'll also have ample opportunity to network with peers over classroom discussions and special group activities such as a class dinner.
By attending this program, you will:
“My goal as faculty director is to make this the premier program for senior finance executives who want to sharpen analytics, build strategic leadership and communication skills, manage the changing regulatory environment, and broaden their experience to benefit their companies and individual careers. I hope to attract a select group of executives who will become the next generation of leaders in finance and who will continue to benefit from this high-caliber network long after the program is over.”
—Faculty Director Randall Kroszner
This program benefits senior finance executives who have significant experience in upper-level management or finance. This program will be valuable to executives from all industries and companies of all sizes from around the globe.
Applicants should have significant experience in upper-level management or finance. Titles include: CFO, deputy CFO, senior VP, finance director, treasurer, and controller.
From 2001 to 2003, Dr. Kroszner was a member of the President’s Council of Economic Advisers (CEA). He was involved in formulating policy on a wide range of issues, including responses to corporate governance scandals, government-sponsored enterprise reform, pension reform, terrorism risk insurance, tax reform, currency crisis management, sovereign debt restructuring, the role of the International Monetary Fund (IMF), and international trade and development.
Since 1990, Dr. Kroszner has taught at the University of Chicago Booth School of Business. Dr. Kroszner was Director of the George J. Stigler Center for the Study of the Economy and the State. He served as editor of the Journal of Law & Economics and has been associate editor of a number of other academic and policy journals. He was a member of the board of directors at the National Association for Business Economics and the Financial Management Association.
Dr. Kroszner serves as the Chair of the Financial Research Advisory Committee of the Office of Financial Research of the U.S. Treasury. He is a member of the Federal Reserve Bank of Chicago’s Academic Advisory Council and of the board of advisors of the Paulson Institute. In addition, he is a Research Associate of the National Bureau of Economic Research. He is member of the board of trustees of the Chicago Symphony Orchestra and a member of the board of directors of the Renaissance Society.
Dr. Kroszner has been a visiting scholar at the Securities and Exchange Commission, the IMF, the Stockholm School of Economics, the Stockholm University, the Free University of Berlin, Germany, the London School of Economics, and the American Enterprise Institute. He was the John M. Olin Visiting Fellow in Law and Economics at the University of Chicago Law School the Bertil Danielson Visiting Professor of Banking and Finance at the Stockholm School of Economics, and the SK Chaired Visiting Professor at Yonsei University, Seoul, Korea.
His research interests include regulation of financial institutions, international financial crises, the Great Depression, monetary economics, corporate governance, debt restructuring and bankruptcy, and political economy. His paper on managerial stock ownership (with Clifford Holderness and Dennis Sheehan) won the Brattle Prize for best corporate finance paper in the Journal of Finance. His book co-authored with Nobel laureate Robert J. Shiller, Reforming U.S. Financial Markets: Reflections Before and Beyond Dodd-Frank (MIT Press) appeared on the Washington Post’s Book World political best sellers list.
Dr. Kroszner is a frequent commentator in the international media. He provides advice to financial institutions, government organizations, and central banks throughout the world.
Dr. Kroszner received a Sc.B. (magna cum laude) in applied mathematics-economics (honors) from Brown University in 1984 and an M.A. (1987) and Ph.D. (1990), both in economics, from Harvard University.
His research interests lie at the intersection of industrial organization and quantitative marketing. He has conducted empirical studies on the formation of consumer preferences for branded goods, price discrimination, advertising, food deserts and nutrition policy, and the role of misinformation in consumer demand. This empirical focus is also reflected in his MBA course on pricing strategies, which is designed to teach students how to apply marketing models and analytics to develop pricing strategies in practice. Several of his recent research projects are in collaboration with companies in the US and in China.
Dubé’s work has been published in the American Economic Review, Econometrica, The Journal of Marketing Research, The Journal of Political Economy, Management Science, Marketing Science, Quantitative Marketing and Economics, the Quarterly Journal of Economics and The Rand Journal of Economics. He is currently Department Editor at Management Science, and has previously served as an area/associate editor for The Journal of Marketing Research, Management Science, Marketing Science, and Quantitative Marketing and Economics. He was the recipient of the 2023 Hillel J. Einhorn Excellence in Teaching Award, the Chicago Booth Class of 2016 Phoenix Award for service to the extracurricular and community activities of the graduating class, the 2008 Paul E. Green Award for Best paper in the Journal of Marketing Research and of the 2005 Faculty Teaching Excellence Award for Evening MBA and Weekend MBA Programs at the Chicago Booth. He was also the recipient of several MSI Research Grants, a Kauffman grant, and a Yahoo! Faculty Research Grant.
Dubé earned a bachelor's degree from the University of Toronto in quantitative methods in economics in 1995, a master's degree in economics in 1996, and a PhD in 2000 from Northwestern University. He joined the Chicago Booth faculty in 2000.
Christian Leuz is the Charles F. Pohl Distinguished Service Professor of Accounting and Finance at the University of Chicago's Booth School of Business. He is a Research Associate at the National Bureau of Economic Research, a Research Fellow at the Center for Economic Policy Research and Leibniz Institute SAFE, EPIC Scholar, a Fellow at the European Corporate Governance Institute, Goethe Universität Frankfurt’s Center for Financial Studies, and of the CESifo Research Network. He is a co-organizer and a member of the Clark Center on Global Markets European Economic Experts Panel. He studies the role of disclosure and transparency in capital markets and other settings, including sustainability and ESG; the economic effects of regulation; international accounting; corporate governance and finance. His work has been published in many top academic journals including Science, Journal of Finance, Journal of Accounting Research, Journal of Financial Economics, Journal of Accounting & Economics, and Review of Financial Studies. He has received several awards and honors, including the Chicago Booth Class of 2023 Phoenix Award, the 2022 ACA Prize in Financial Governance, the 2016 and the 2014 Distinguished Contribution to the Accounting Literature Awards, and a Humboldt Research Award in 2012. He is recognized as a “Highly Cited Researcher” by Thomson Reuters and was included in their list of “The World’s Most Influential Scientific Minds” five years in a row (from 2014 to 2018). Professor Leuz is a senior editor for the Journal of Accounting Research and has served on many editorial boards, including the Journal of Accounting & Economics, The Accounting Review, the Journal of Business, Finance and Accounting, and the Review of Accounting Studies.
Born in Germany, Professor Leuz earned his doctoral degree and Habilitation at the Goethe University Frankfurt. In 2024, he received an honorary doctorate (Dr. h.c.) from Maastricht University. Prior to his position at Chicago Booth, he was the Harold Stott Term Assistant Professor in Accounting at the Wharton School of the University of Pennsylvania.
He works with Fortune 50 companies, family businesses and start-ups in the areas of innovation and strategy. He has worked with a broad array of companies including Abbott Labs, American Express, Danaher, Dover, ETS, Harley-Davidson, Hewlett-Packard, Kimberly-Clark, McDonalds, PepsiCo, State Farm and Yum! Brands.
Greg was an alderman in the City of West Chicago, serving on the infrastructure, public safety and development committees.
Greg has lectured nationally and internationally on topics related to strategy, creating customers, and innovation. He earned a bachelor's degree from Wheaton College in philosophy and an MDiv from Harvard University.
She currently serves as a member of the Board of Directors of Carlson Inc. (hospitality portfolio company that owned TGIFridays, Radisson Hotels and Carlson Worldwide Travel and now operates a private equity platform), and she is also the Chair of the Audit Committee. Since 2023, Born has been a member of the Board of Directors of ezCater.com, a technology company that enables corporate catering services. From 2020 to 2021, she was a member of the Carlson Travel Inc. board and worked to complete two financial restructurings of the company. From 2007 to 2021, Laura served as a member of the board of the Trustees for the Columbia Acorn Trust and the Wanger Advisors Trust (small and mid-capitalization equity mutual funds), ten years of which she was elected as Chair of the Board. From 2018 to 2020, she served on the Driehaus Capital Managment LLC Advisory Board (small/mid cap equity asset management firm).
More recently, Born provided humanitarian assistance in Poland to support Ukrainian refugees via Paracrew.org and the All Hands and Hearts organizations. Closer to home, Born was a long time board member of the Infant Welfare Society of Evanston (a not-for profit serving low income children and their families in the area) for 15 years. She has been involved in public education initiatives in her public school district, having served as: a Co-Chair of the 21st Century Learning Sub-Committee, a member of the Central School Improvement Plan Committee and a delegate to the New Trier High School Board of Education Caucus.
Born earned a bachelor's degree in economics and political science from Duke University in 1987. She received an MBA in finance and accounting with Honors from Chicago Booth in 1991.
She enjoys Italy, Austin, the mountains, music, traveling, art history, yoga, hiking, and downhill skiing.
He has written two books, Latin Lessons: How South America Stopped Listening to the United States and Started Prospering (2012) and What’s the Matter with Delaware?: How the First State Has Favored the Rich, Powerful, and Criminal—and How It Costs Us All (2022). His time as a reporter in Chicago led him to write 'Chicago's Decade of Innovation, 1972-1982', a chapter covering the development of financial derivatives, which was published in the 2010 book Regulated Exchanges: Dynamic Agents of Economic Growth.
Hal grew up in Wales. He was an undergraduate at Leeds, gained a master's at Oriel College, Oxford, and was a Frank Knox Memorial Fellow at the John F. Kennedy School of Government at Harvard.
His interests include rugby, tea, politics, history, baking, and gardening.
Susan Lucia Annunzio (Lucia) is the President and CEO of the Center for High Performance and Associate Adjunct Professor of Management, Executive Education, Chicago Booth.
Acclaimed leadership coach, author, and president and CEO of the Center for High Performance (cfHP), Lucia Annunzio is known by her clients as the “CEO-Whisperer.” She has spent more than 25 years observing, analyzing, and influencing C-Suite and board dynamics, experience that she applies in coaching CEOs and C-suite executives. She is the mastermind of “Elite High-Performance Coaching” – CfHP’s proprietary approach to propel leaders to greatness. She works exclusively with CEO’s, senior executives and rising stars.
Lucia’s work is based on CfHP’s proprietary global research on the factors that accelerate or inhibit profitable growth. It achieved critical acclaim and was presented at such prestigious venues as the World Economic Forum, The International Conference on Knowledge, Culture and Change at the University of Greenwich, and Avature’s “Talent Economy” launch event in Belgium.
Lucia is the author of Contagious Success (Portfolio, 2004), a dynamic, award-winning management book that revealed the global standard for high performance. Contagious Success was voted Fast Company's Readers' Choice. Lucia also authored two additional prominent business books: Communicoding (Fine, 1990; Penguin USA, 1991) and Evolutionary Leadership (Simon & Schuster, 2001; Fireside, 2002). She is frequently quoted in the business press such as the Wall Street Journal, Bloomberg, and CNBC. She is currently a Wall Street Journal Contributor.
Lucia is an Associate Adjunct Professor of Management at the University of Chicago Booth Graduate School of Business, where she teaches the most popular program, High Performance Leadership. She has been a guest lecturer at INSEAD business school in Fontainebleau, France, Kellogg Graduate School of Management, and Instituto De Empresa in Madrid. She also taught at General Electric’s Crotonville Corporate Training Center.
She is a long-standing member of the Economic Club of Chicago as well as the Chicago Club. She has sat on various not-for-profit boards including the Joffrey Ballet and the Museum of Contemporary Art. She also sits on the Advisory Board of KindWorks AI and Harvard Business Review. Lucia is currently focusing her philanthropy on the National MS Society.
High-Performance Leadership
Straight Talk in Tough Times
Persuasion, Communication, and Personal Branding
Managerial Challenges in the ESG and Sustainability Landscape
Strategy Formulation and Implementation
Strategic Risk Management and Financial Fragility
Marketing Analytics to Drive Growth
Acquisition Strategies and Merger Implementation
The Entrepreneurial Leader: The Importance of Innovation in a VUCA World (Volatile, Uncertain, Complex & Ambiguous)
The EPPC program far exceeded my expectations. I thoroughly enjoyed the cases and coursework. The scientific approach was both easy to understand and highly practical. What I appreciated most was the peer group. During the program, I established a network that I plan to leverage for years to come.
- William Moore, Head of Finance Transformation, Infineum
This was a well-run program with excellent content that provided practical knowledge
- Homoud Alfayez, General Manager of Financial Budgeting & Reporting, Riyadh Airports Company
This program covered current and relevant topics, such as risk management and ESG, which were not taught in business schools 10 years ago.
This program was useful, relevant, and practical, offering current insights into the risks and challenges we are facing. I especially appreciated that the faculty were high-quality professionals with extensive real-world business experience, not just theoretical knowledge.
The program provided an opportunity to change and elevate my thinking about my role and offered tools I can use to positively impact my company’s financial journey. It also allowed me to create a tremendous cohort of peers with whom I can continue to connect and discuss our shared challenges and successes.
- Ginger Ittenback, Director of Finance & Tax Services, Truepoint Wealth Counsel, LLC
- John Mahoney, Senior Manager, ESG Controllership, IBM, Corp
I believe that this course is a must for those individuals seeking to become CFOs. The course content and professors at Chicago Booth really help to open your mind to new concepts and ideas. I came away from the course armed with 'gems' that I can apply from day 1 in my current role.
- Elliott Wood, Finance & Planning Leader, IBM Latin America
Excellent, well-rounded, well-structured program. More finance executives should take this.
- Mayank Agrawal, Softward Group CFO, IBM India/South Asia
The program is great. I revisited some of the key concepts important to my role in an updated format. And also had the opportunity to learn from others' experiences.
- Carlos Montenegro, Head of Planning and Finance, Sao Carlos Empreendimentos
Excellent course! Great instructors who communicated their messages clearly and with purpose. I would highly recommend this course.
- Robert Rusch, Director, Finance and Accounting, American Transmission Co.
Great content and professors. Engagement with peers provided many opportunities for learning.
– Yolanda Daniel, VP Finance, W.W. Grainger, Inc.
I think the program is a success and fills a gap in the market. The international experience in the room enhanced the content and learning experience.
– David Gillespie, General Manager, Planning, Investment, and Funding, Jemena Ltd.
I truly enjoyed the program and believe it will be very successful. It was my first experience at the University of Chicago and will definitely not be my last one.
– Randy Ahuja, Managing Director, Verto Partners LLC
The distinguished faculty at Booth provided the depth and variety of perspectives and frameworks which will help future CFO's in how they think about the organizational, strategic, and financial management of their firms, through good times and bad.
- Abu Zeya, Finance Director, Halliburton
The program was very well designed. Topics were relevant to my current position as well as useful in my continued growth toward my next position.
– Todd Bryant, Vice President, Controller, RLI
This program generates opportunities to develop new skills and improve the capability to integrate a global finance view to create value.
- Orlando Gutierrez, Operations & Finance Manager, Corporate Boards, The Kroger Co.
This was a great program offering solid balance of theory and application. The focus on strategy throughout the program was excellent to focus on the 'how' you apply the learning in real life.
- John Murphy, Sr. VP, Chief Accounting Officer & Controller, DIRECTV
This program qualifies as an elective in the Global Advanced Finance Program, an exclusive program that awards Chicago Booth alumni status after completing six finance and strategy elective sessions over two years.