At the second Strategic CFO Roundtable meeting of 2010, leading Washington D.C.-region chief financial officers expressed some optimism regarding an economic recovery, but continued skepticism about a resurgence in capital spending and mergers and acquisitions. Again held in Tyson’s Corner, Va. and sponsored by McGuireWoods, ILEX Leadership Associates and the University of Virginia’s Darden School of Business, the May 13 Roundtable focused on public and private company CFOs’ outlook for the economy, capital markets, government regulation and the new challenges facing CFOs. Generally, CFOs were found to be more optimistic now than in the first quarter of 2010, noting an increase in hiring and compensation, but many still had concerns about access to credit, business valuations and consumer spending.
Please click here to read an article by Steve Keeler that highlights the discussion on M&A at the recent roundtable.