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The veteran CIOs who quit corporate roles to take similar challenges include S P Arya who left Amtek Group after eight and a half years and Sanjiv Kumar, who left as Group CIO of Adhunik Group after more than five years to join a start-up, ApON India.
CIO conferences are known for uniting leading IT executives and building a captivating agenda that sparks conversations," said Adam Dennison, vice president and publisher, CIO.
They fear [Sarbanes-Oxley] has become a stalking-horse that CFOs are using to assert control over IT and displace the CIO as the company's business process expert.
After a long period during which the CIO had been operating independently, CFO Steve McBrayer has forced discipline on the IT group by requiring each project to be justified by two criteria: how well it serves customers and its cost benefits to the overall business.
Financial Executives International (FEI) and the Society for Information Management[R] (SIM)--the preeminent organizations for CFOs and CIOs, respectively--have teamed up this year to present a joint conference for CFOs, CIOs, and financial and IT executives.
Larry Eiring, Covington & Burling's records manager, "Being under the CIO has given us access to technical support and knowledge, information, and political clout that we didn't have before.
CIOs are one of the few groups of executives who have a real 'helicopter' view of the enterprise, and their executive colleagues are now realizing how valuable that is.
The turnover [in CIOs] tells you something in itself," says Frank Erbrick, CIO at UPS in Atlanta.
Recipients of Ones to Watch are nominated by their company's CIO and then selected by a judging panel of leading CIOs.