The Latest

  • Young woman standing in front of a board displaying climate data
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    Social responsibility, inflation top worry list for risk managers

    Economic worries, social responsibility concerns and cybersecurity weaknesses topped the list of concerns for risk and compliance leaders facing an increasingly complex regulatory environment.

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    5 steps to reinforce the reputation of your tax function

    How tax practitioners can restore and reinforce the often overlooked tax department.

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    Drew Angerer via Getty Images

    How CFOs can cut real estate costs

    Subleasing and landlord buyouts are options for CFOs looking to trim office space spend but retrenchment also poses complex challenges, experts say. 

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    Tyson Foods promotes chairman’s son to CFO

    John R. Tyson, son of Chairman John H. Tyson, was promoted to CFO as the company navigates economic headwinds including higher supply costs.

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    Prioritizing AR innovation can help CFOs weather recession: study

    With inflation top of mind for CFO’s, upgrading AR processes could help financial executives buffer against persistent economic pressures.

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    Alex Wong via Getty Images

    More CFOs grappling with ‘abnormally large’ rise in costs: Richmond Fed

    The share of CFOs who view financing conditions as unfavorable doubled compared with results in a second-quarter survey, the Richmond Fed said.

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    EY’s split to offer CFOs ‘more choice,’ exec says

    The auditing and consulting firm is in the “design” phase as EY partners vote on its separation, leaving CFOs facing unanswered questions regarding auditing fees.

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    PayPal alum latest to take CFO seat for Zepz as it reaches profitability

    PayPal alum Robert Mitchell will take the remittance platform’s financial helm as it looks to foster further growth after reaching profitability during the first half of 2022.

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    SEC says Oracle bribed officials, imposes $23M penalty

    Since the violations came to light, Oracle has taken several remedial steps, including strengthening its global compliance, risk and control functions, the SEC said.

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    FleetCor taps insider interim after CFO resigns

    CFO seat turnovers are coming at a brisk pace as finance chiefs face an increasingly potent mix of pressures, said executive search expert Josh Crist.

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    SEC committee calls for FASB reform

    FASB’s slow rule-making process can have negative consequences for investors and financial executives, the SEC’s report asserts.

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    Carlos Alvarez via Getty Images

    YETI CFO resigns following lukewarm earnings

    Paul Carbone, who took the company public during his first year as CFO, is departing to pursue another venture closer to family after four years in the role.

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    US faces risk of long stagflation struggle: Moody’s

    The odds of recession will rise if inflation fails to steadily fall toward the Federal Reserve’s 2% target, according to Moody’s Analytics.

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    CFO of bankrupt Voyager resigns after five-month stretch

    The CFO of the cryptocurrency exchange is resigning after just five months on the job as the company finalizes its bankruptcy.

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    Dentsply taps new CFO after shaking up Moderna

    Dentsply’s disclosure in May of an internal probe into its use of incentives led to the swift departure of its former CFO Jorge Gomez from Moderna after only one day on the job.

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    Courtesy of Chobani

    Chobani names permanent CFO, revitalizes IPO talks

    The company’s former CFO departed in June after another delay in IPO plans.

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    Burberry CFO to leave in second C-suite switch

    Burberry CFO and Chief Operating Officer Julie Brown will step down after a six-year term, the second top executive shakeup at the luxury brand in the past year.

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    Boeing to pay $200M to settle SEC charges regarding 737 MAX

    Boeing is showing signs of recovery from the 737 MAX debacle, with top executives saying that the plane maker this year will achieve positive free cash flow on an annual basis for the first time since 2018.

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    Courtesy of ADM

    ADM CFO sees ag giant’s pivot paying off in profits, crucial food security

    Vikram Luthar, appointed CFO of Archer Daniels Midland in April, gained a keen awareness of the value of affordable healthy food growing up in India.

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    Companies mull benefits of interim CFOs

    Interim CFOs can cut through politics to help navigate companies through murky waters, experts say.

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    Photo by cottonbro from Pexels

    CFOs continue talent retention battle

    Despite finance chiefs’ efforts to streamline the work of finance departments, only 20% saw talent retention as an ensuing benefit, Deloitte’s Q3 Signals Survey said.

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    Fed redoubles inflation fight, raising main rate 75 basis points

    Fed officials raised their projections for inflation and unemployment while marking down their forecasts for economic growth.