Today, while Xiaomi handed over its 2020 financial report, Zhou, the former senior vice president of Xiaomi Group and president of the international department, was sponsored to "jump to Weibo", which stirred up a thousand waves. Zhou contributed to post that he would join as CFO of the company, and his base was in his hometown.

Zhou joined Xiaomi in July 20 15 as the chief financial officer. 2065438+09165438129 October, Xiaomi Group announced that Zhou was rotated as the president of the international department, and continued to serve as the executive director and senior vice president, with Wang Xiang, the president of the group, as the acting CFO. From June 5438 to 2020 10, Lin Shiwei, vice president and CFO of Xiaomi Group, officially performed his duties.

Personality assessment

Leaving Xiaomi to join ByteDance is a common operation for CFOs. However, due to the vacancy of CFO position in ByteDance, this week's participation was interpreted by many media as the acceleration of IPO process in ByteDance.

Chief financial officer, this position has never been easy to sit. Although you don't need to be on the front line like CEO, CFO holds the lifeblood of the company, is a strategist, a housekeeper and an absolute force in security. It is precisely because this position is at the center of power that it takes risks that ordinary people can't imagine, and countless CFOs are imprisoned and ruined.

In addition, most CFOs are professional managers and have a natural "gap" with the founding team. Being with the CEO is even more powerful, and CFO often needs to spend more time outside of finance. Especially after being eager to go public, CFO's function shifts from the outside to the inside, and he may become a knife for CEO to abolish business and redistribute power.