The Latest
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New Fundbox CFO a 'Swiss Army Knife' of expertise
As an investment analyst, Marten Abrahamsen was an expert at advising companies in his portfolio on optimization. As the new CFO of Fundbox, he's repurposing his skills to build his company for the long haul.
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Deep DiveThe 3 most common forecasting errors retail CFOs make
Smart investment on the planning side can help retailers better align forecasts with actual sales.
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Founders Bank hires new CFO amid planned 2020 launch in DC
It's been a difficult year for new banks in Washington, D.C. But Founders Bank, which is set to open in the first half of this year if it raises $25 to $30 million, is optimistic, hiring Karen Grau as its new CFO.
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Casper files for IPO despite reporting consistent losses
The mattress company made the bed-in-a-box model famous, and has spent over $500 million on marketing to become a known disruptor. But does it have the forecasting and inventory management to ensure it won't run out of cash?
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5 CFO trends to watch in 2020
Greater adoption of rolling forecasts and subscription pricing models are among the trends you'll see this year.
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All eyes will be on new Party City CFO after disappointing year
Todd Vogensen, who will arrive at Party City from Chico's in February, will be tasked with helping the party goods chain improve its bottom line after a year of declining sales and dismal brick-and-mortar traffic.
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Coupa adds travel cost reductions to spend management platform
The acquisition of Yapta will position Coupa to compete with SAP Concur in the travel and expense spend category.
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RPA adoption key to attracting young finance talent
Working nights and on weekends to close the books was the norm 20 years ago. In the age of automation, young professionals demand better.
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CFO sentiment down amid concern over trade policy and tariffs
Virtually all multinational company CFOs think the U.S. is on a downward path. "There’s a sense of frustration ... not having the clarity to plan and budget properly," Deloitte's Sandy Cockrell said.
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New CFO takes over Amazon's AWS division
Sean Boyle is out as CFO of AWS, but will remain with the company, while Luis Visoso, head of finance for Amazon's global consumer segment, takes Boyle's place.
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Sprouts Farmers Market announces new CFO
Denise Paulonis will join the natural grocer in February after serving as CFO of arts and crafts retailer Michaels.
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Global success starts with shared ERP system
As simple as it sounds, if you and your foreign affiliate aren't using the same ERP and shared services, your push into another country could be needlessly bumpy.
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Abbott Labs sets CFO transition in motion
The company will install a new CFO a month before incoming CEO Robert Ford takes the helm.
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SEC can't force Telegram to reveal its bank records, judge rules
The encrypted messaging app won't have to reveal how it spent $1.7 billion, but it must prove by Thursday that it complies with foreign data privacy laws.
UPDATED: Jan. 9, 2020 at 11:11 p.m. -
Finance chief must be a vital decision-maker, Captivate CFO says
Throughout 20 years in finance leadership, Jenny Buchholz said she has found some things to be consistently true. "Numbers don't lie," she said.
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OTC Markets CFO: No substitute for talking to customers
If you’re not solving problems for the companies that buy your products, someone else will do it better, faster and cheaper, Bea Ordonez said.
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Aramark hires CFO from a top competitor
Industry veteran Tom Ondrof spent the bulk of his career at Aramark's competitor, Compass Group North America. He comes on board three months after John Zillmer stepped in as new CEO.
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State laws credited with raising wages of lowest-earning employees
Organizations expecting to increase minimum-wage level hiring can expect to pay more, two former federal officials say.
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Materiality, volatility key to identifying forecasting drivers
An FP&A expert shares thoughts on the budget line items worth paying close attention to in your forecasting.
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How new Eventbrite CFO will regain shareholder trust
After a tumultuous year for the ticketing company, new CFO Lanny Baker is tasked with earning back shareholder trust and strengthening company credibility.
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Metrics, management reporting are top CFO priorities in 2020
CFOs' perceived shortcomings tend to fall beyond the scope of the typical responsibilities, veering into operations, IT and management.
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How CFOs can stop problems before they arise
A healthcare CFO talks about diversification to prevent over-reliance on a single source of revenue.
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Regulators eye accounting, audit changes for 2020
FASB, the SEC and PCAOB all have changes in the works that could affect both your reporting and your auditors.
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Ernst & Young chief accountant tapped to lead FASB
The organization has faced criticism for the way it has rolled out recent changes in standards.
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Cantor Fitzgerald CFO to become finance chief at BGC Partners
BGC, the brokerage firm that split off from Cantor Fitzgerald in 2004, replaces its interim CFO.
