Accounting Career Moves: When Faced with a Choice, Do You Go with Prestige or Power?

Let's use Luca Maestri’s move from Xerox to Apple as a discussion starter:

Apple Inc. (AAPL), the world’s most valuable company, has hired Xerox Corp. (XRX) Chief Financial Officer Luca Maestri as its corporate controller. […] “Moving from Xerox to Apple is a step up, even going from CFO to controller,” John Bright, an analyst at Avondale Partners LLC, said in an interview. “Is this a stepping stone? It certainly could be.”
But he was CFO, wasn’t he? Some people would never give up the access, power, and control that a CFO position provides them. Hell, for some organizations, the CFO can be the de facto boss and it can eventually lead to the big chair. 
 
Maestri’s move is certainly a calculated one –- he’s giving up title for a subordinate position at a far more prestigious company and maybe the outside shot at one day becoming the CFO of said prestigious company. In a way he's letting go of ego a bit here by sacrificing the C-suite, but at the same time he's feeding it by ditching a has-been for one of the most successful companies in the history of U.S. business.
 
Similarly, we've seen many, many people (read: KPMG partners) leave their jobs to join PwC, presumably leaving the fast track to the top echelons of the House of Klynveld for lesser roles within a firm that is accepted as the most prestigious in its industry.
 
So if (or when) faced with a similar choice in your career, which way do you go? Will your ambition get the best of you or does playing on the best team mean more? Discuss.
 

Related articles

PwC Italy Partner Is Probably In a Lot of Trouble, You Guys

So, there was this accounting scandal in early 2017 at the Italian unit of British phone company BT, in which nearly two dozen people at BT Global Services, including its CEO, CFO, and head of Europe, knew about inflated revenues, bogus contract renewals and invoices, and made-up supplier transactions to “meet bonus targets and disguise […]

Couple in bed

Let’s Talk About F*cking Your Coworkers

Happy Valentine’s Day, y’all! Whether you’re single, attached, or too busy to give a crap about getting laid, today is all about love. Or at least that’s what Hallmark wants us to believe. Given the fact that love is on everyone’s minds this week, the following article from the NASBA Center for Public Trust couldn’t […]