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Emirates CFO Scrapped Strategic Center He Spent Months Building
- CFO’s plan rolled back after ‘executive discussions’
- Company leaders are preparing for eventual change of guard
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After a round of executive promotions in late February, Emirates Chief Financial Officer Michael Doersam began building a new structure that aimed to give the German-born finance chief more direct supervision over his enlarged corporate functions.
Over the next months, Doersam and close staff members worked on the so-called strategic center that would oversee human resources, finance, legal, and information technology. Details were hashed out at several meetings that included at least one off-site gathering, and employees were told where they would sit in the new organization, according to people familiar with the process.