Do CFOs and CIOs Need a Mediator?

A Summary of Their Parts

A good working relationship between a CFO and a CIO depends on many factors, including a consensus on the role of business units.

Company: Safeco Corp.

Headquarters: Seattle

Business: P&C and life insurance

• Name: Christine Mead
• Title: CFO
• Quote: "The reality [at Safeco Insurance] is that both IT and finance departments support the business priorities. Projects are addressed by finance, IT, and the business units affected by them — as a whole."

• Name: Yom Senegor
• Title: CIO
• Quote: "I want to change the perspective of IT from being a cost center to [being] a value-delivery center. We produce reports twice a year that show finance and the business units what we did with their money.

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