The Latest
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Vera Bradley gets new CFO amid leadership shakeup
Coach alum Martin Layding will step into the retailer’s CFO seat amid a transformation effort to stem growing losses and bolster declining sales.
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Ex-Real Brokerage CFO alleges pregnancy discrimination in suit
The company manufactured an audit as grounds for Michelle Ressler's termination to "clear the way for her less qualified and unencumbered male successor," the suit alleges.
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Trump says tariff deal with China is ‘done’
The proposed agreement, pending approval from both countries, sets 55% tariffs on imports from China and a 10% rate on U.S. products, the president said Wednesday.
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‘Boring’ data work underpins innovation, strategy, Payoneer CFO says
Finance chiefs need to hone their data skills in an era when they are increasingly looked at not just as strategic leaders, but “innovation champions,” Payoneer CFO Bea Ordonez said.
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Inflation cools more than predicted as companies draw down inventories
Falling price pressures and signs of labor market stability reinforce the wait-and-see policy stance of the Federal Reserve, economists said.
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Roblox hands $6M in bonuses to CFO poached from Paramount
The game platform will give the Paramount and Pandora alum two separate $3 million bonuses, as well as a stock award with a value of $28 million, to step into Roblox’s top financial seat.
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Small business optimism rises on forecasts for higher sales growth: NFIB
Improved prospects for sales was the biggest factor pushing up the NFIB’s Optimism Index beyond its 51-year average.
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Courtesy of Amazon
Amazon delivery robots offer ‘large opportunity’ for savings: BofA
The analysis comes as Amazon is reportedly developing software for humanoid robots that could eventually take the jobs of delivery workers.
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Sage launches training program for next-gen CFOs
“In an era defined by tighter margins, speed of business, faster tech shifts and higher expectations, the role of the CFO is evolving,” the software firm said.
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Courtesy of Mike Ritterbin, Ritter in Photography
Ex-NerdWallet CFO: Tips for playing the IPO long game
Lauren StClair helped take NerdWallet public in 2021. Now she’s pivoted to become CFO of Slice, which provides services and tech to independent pizzerias.
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Tax, finance chiefs must craft a clear tax transformation ‘roadmap’: Deloitte
Tax and finance leaders need to agree on a clear tax transformation plan in the face of complicated cost and regulatory pressures, Deloitte’s Emily VanVleet said.
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Consumer inflation expectations ease, job pessimism ebbs: New York Fed
Federal Reserve Bank of New York survey results are more upbeat than others that highlight consumer anxiety that tariffs will push up price pressures.
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Business
Prenuvo CFO hones strategic finance approach
Having a skilled FP&A team is crucial to ensure a business can quickly identify sticking points and course-correct for future growth, Peloton alum Jill Woodworth said.
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Shield AI remains on expansion track despite safety, tariff concerns, CFO says
The company missed profit targets after a 2024 accident, but CFO Kingsley Afemikhe says it’s on track for expansion, with $100 million in European contracts and operations in Ukraine.
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Daphne Howland/CFO Dive
Five Below CFO exits as Q1 sales jump 20%
COO Kenneth Bull will serve as interim financial chief while the company continues to focus on assortment newness.
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Courtesy of Courtesy of Circle
Circle CFO takes post-IPO victory lap for stablecoin, company
The public offering represents an “accelerant” for Circle as it seeks to establish itself at the heart of a new “internet financial system,” CFO Jeremy Fox-Geen said.
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Sean Gallup/Getty Images via Getty Images
Tariff tips, tales from the CFO Leadership conference
Tariff engineering, exercising “reasonable care,” and checking invoices for erroneous duty charges are some tactics CFOs can use to mitigate the impact of import duties.
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Audit partner pessimism surges amid risk of recession: CAQ survey
U.S. gross domestic product will likely expand during the second quarter at a 3.8% annual rate, according to the Federal Reserve Bank of Atlanta.
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Courtesy of CFO Leadership Council
Conagra will seek to mitigate steel tariffs’ impact on cans, CFO says
The branded snack and frozen food company’s CFO spoke at a conference Tuesday, just days after President Trump announced he would raise steel and aluminum tariffs from 25% to 50%.
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Tesla CFO offloads over $2M in stock as EU sales tumble
The stock sales come as Tesla’s European sales declined by 53% in April compared to the previous year.
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Provided by Nissan Motor Co.
US hiring slows, service industry falters amid trade war turbulence
“After a strong start to the year, hiring is losing momentum,” according to an economist at ADP Research.
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PayPal veteran named Bill CFO
Rohini Jain is set to become Bill’s finance chief in July, replacing John Rettig who will assume the role of president and chief operating officer.
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Worawee Meepian via Getty Images
Connecticut passes alternative CPA licensure bill
The legislation, which awaits signing by Governor Ned Lamont, includes a provision enabling licensed CPAs form other states in “good standing” to practice in Connecticut.
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Tariffs to spur inflation, slow US GDP growth to 1.6% this year: OECD
Several economists in recent months have said import levies imposed by the Trump administration will probably spur inflation in 2025.
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AI agents observed sharing sensitive corporate data: SailPoint
The findings come as AI agents proliferate, gaining access to passwords, financial details and other confidential information, the cybersecurity firm said.
