Michael Saylor’s Strategy CFO resigns

The Latest

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  FASB proposes fix for investment accounting

  The Financial Accounting Standards Board is seeking public comment on the proposed change to GAAP standards by Jan. 11. 

  Financial Reporting

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  Volkswagen accelerates cost saving efforts; CFO urges swift restructuring

  The company’s results leave “no room for delay” in implementing a planned cost savings program of about $34 billion, CFO and COO Arno Antlitz said.

  Financial Reporting

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  Economy in Q3 grew 3.4%, exceeding forecasts amid persistent inflation

  On the eve of the midterm elections, half of Americans view the economy as “extremely important” and 37% consider the issue “very important,” Gallup said.

  Strategy & Operations

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  Microsoft expands Copilot’s reach in finance workflows

  The expansion adds new capabilities for work processes ranging from month-end close to investment analysis.

  Technology

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  Fed holds main interest rate steady despite accelerating inflation

  Two policymakers on the Federal Open Market Committee dissented in favor of raising the federal funds rate by 0.25 percentage point.

  Updated Oct. 28, 2026

  Strategy & Operations

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  Sen. Warren probes AI safety, market risks in Anthropic IPO

  “I believe the risks presented by this technology demand greater scrutiny,” the Democrat wrote in a letter to Anthropic CEO Dario Amodei.

  Technology

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  Trintech CFO: AI needs the right teams, controls

  As AI agents continue to gain more agency, upskilling employees so they have the skills to match is critical, Trintech CFO Omar Choucair said.

  Technology

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  Brooklyn College accounting prof seeks say in Trump civil fraud appeal

  Daniel Tinkelman, a tenured accounting professor, has filed a proposed amicus brief out of concern the court could endorse “really bad” accounting practices.

  Leadership

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  Sierra Space names second CFO in four months

  The company is making the finance chief shift as it focuses more of its attention on growth opportunities in the defense industry.

  Technology

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  Consumer confidence edges up on decline in gas prices: Conference Board

  “The mood among consumers remains pretty bleak,” Pantheon Macroeconomics Chief U.S. Economist Samuel Tombs said.

  Strategy & Operations

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  AI regulation push gains steam ahead of midterms

  Reports of AI agents accessing bank accounts mark the latest in a string of developments putting pressure on lawmakers to act.

  Technology

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  Agentic AI fallout hits 77% of firms, survey finds

  Unexpected costs and operational disruptions are among the challenges companies face as they expand agentic AI deployments, according to the research.

  Technology

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  Profile

  Target CFO Jim Lee: The art of the possible

  Jim Lee spoke to CFO Dive about his international work during two decades at Pepsi, his love for problem-solving and how he’s tackling Target’s turnaround plan.

  Leadership

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  Audit deficiency rate plunges due to training, oversight upgrades: PCAOB

  Efforts in quality control, stricter accountability and use of technology have reduced the incidence of Part I.A audit deficiencies, the Public Company Accounting Oversight Board said.

  Strategy & Operations

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  FedEx nabs AutoZone alum as new CFO

  AutoZone’s Jamere Jackson will step in as CFO for FedEx as the company continues with a seven-month “transition period” following the FedEx Freight spinoff.

  Financial Reporting

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  Gold stakes claim in digital rush

  The industry seeks to carve a niche in the fintech era, with a recent report estimating the digital gold market could be valued at $170 billion by 2031.

  Treasury

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  Forgent Power CFO leaves after a year

  Forgent veteran Amy Ard is taking the CFO reins in the wake of the power distributor's net income skyrocketing in fiscal 2026.

  Financial Reporting

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  Consumer sentiment dips on worries about affordability: UMichigan survey

  “Consumers broadly expect inflation to accelerate,” a University of Michigan economist said, citing survey results.

  Strategy & Operations

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  GASB leans into new technologies to improve public sector reporting

  Emerging tools, including AI, could soon be used to prepare GAAP reports, automate research efforts, and allow governments to file detailed and simplified versions of the same report.

  Compliance

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  What the fintech cool kids are wearing

  A business casual vibe informed the unspoken dress code at the Money20/20 conference in Las Vegas this week. The standouts chose suits.

  Strategy & Operations

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  Tesla cuts 2026 capex to $20B amid tech transformation plans

  The Musk-owned company revised its spending guidance for the full year as it attempts to grow from an EV maker to a leader in the AI and autonomous tech space.

  Financial Reporting

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  Economy holds steady despite grim consumer expectations: Conference Board

  For several months persistent inflation — fueled largely by the rising cost of energy — has eroded real household incomes and soured the mood of consumers. 

  Strategy & Operations

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  Spreedly names Team Cymru alum CFO

  Darren Bounds will step in as CFO as the payments company targets expansion and strives for an established place in AI-supported commerce.

  Technology

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  Global IPO proceeds surge despite drop in listings

  Large offerings drove fundraising higher in the first nine months of the year, as the number of companies going public declined.

  Financial Reporting

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  Flex files motion to dismiss trade secret suit against ex-CFO candidate

  The payment company filed a motion to dismiss a pending suit alleging a former CFO candidate had misappropriated proprietary information and shared it with a competitor.

  Financial Reporting

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