Long-term investor frees new Fender CFO to think bigger than exit

The Latest

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  CFOs need to change how they discuss inflation: Gartner

  Rising price pressures have pushed inflation toward the top of agenda items during earnings calls, prompting some needed changes in tactics by CFOs.

  Strategy & operations

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  Cybersecurity increasingly on audit committee agendas

  To the extent CFOs support the committees, they could be called on to help find experts to join, or present to, members who are tasked with preventing a damaging breach.

  Risk management

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  NEXT Insurance CFO aims to focus growth, spending

  “The old question that never gets old is, ‘how do you balance growth and profitability?’” Teodora Gouneva said. 

  Strategy & operations

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  Kraft Heinz looks inside to tap new CFO Andre Maciel

  Maciel has the type of cultural profile that 3G Capital likes and the skill set they love, according to Josh Crist, co-managing partner at Crist | Kolder Associates. 

  Strategy & operations

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  Bank of America to give restricted-stock bonuses to rank and file

  Full-time, U.S.-based employees making less than $500,000 a year will get 65 to 600 restricted stock units, scheduled to vest over four years beginning in 2023, the bank said Tuesday in a memo.

  Strategy & operations

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  CFOs 'managing blind' the rising pressure for ESG gains: Accenture

  Companies lack the expertise and consistent metrics for satisfying growing investor demand for sustainable operations.

  Strategy & operations

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  Legal strategy works best when it starts as budget strategy

  Giving the legal team resources to anticipate risks is a cost-effective way to manage disputes that companies can expect to face, a strategist says.

  Risk management

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  Dawn of post-LIBOR era brings SOFR, operational challenges to CFOs

  More work needs to be done to assure a seamless transition "when the switch is actually thrown in the middle of next year," Deloitte's Alexey Surkov said.

  Strategy & operations

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  Efforts to reach younger customers paying off, American Express CFO says

  Revenues last year were well above original expectations, Amex CFO Jeff Campbell said during a call with analysts, and that's "part of what emboldens us to launch our new growth plan."

  Strategy & operations

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  Sales rising but more companies expect falling profits: NABE

  A steady increase in profits may falter at some companies this quarter in the face of shortages caused by the omicron variant of COVID-19.

  Strategy & operations

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  Opinion

  Net recovery rate: the vital KPI you might be overlooking

  Companies are leaving money on the table by writing off too many chargebacks. Better data can make it cost effective to improve your net recovery rate.  

  Strategy & operations

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  CFOs to use debt issuance for M&A, refinancing in 2022: Moody's

  Companies are in “savings mode” and well prepared for both M&A and riding out turbulence in financial markets, Moody’s said.

  Treasury

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  How FP&A evolved into a top finance function

  Advances in technology, the rise of the cloud and COVID-19 have made financial planning and analysis a must-have function for companies facing profound change.

  Strategy & operations

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  Petition details Trump Organization valuation practices

  A property the company bought in 1995 for $7.5 million was valued at almost $300 million in 2014, even though a plan for luxury home development was still in the starting gate, the document shows.

  Compliance

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  CFOs, accountants vexed by surging operating costs

  CFOs and other financial executives express rising concern about increasing prices for transport, energy and other costs, a survey found.  

  Treasury

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  C-suites see record high female CEO, CFOs, rise in black CFOs: Crist|Kolder

  Despite diversity gains, whites and men still hold nearly 90% of CEO, CFO and COO positions, the survey found.

  Strategy & operations

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  CarParts.com CFO loads up inventory as just-in-time delivery loses favor

  In this environment, companies that have what customers want, when they want it, are the ones coming out on top, CFO David Meniane says, but he predicts the pendulum swinging back in 2023.

  Strategy & operations

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  Antitrust officials will update M&A rules for technology, other sectors

  The Federal Trade Commission and Department of Justice say current M&A guidelines may lag changes in technology-driven markets. 

  Strategy & operations

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  Flexible subscription offerings make more money, study shows

  Customers want a choice in payment plans, term lengths and discount options, among other findings from a survey of 2,000 recurring-revenue companies.

  Strategy & operations

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  Companies ignoring employee demands will falter: Fink

  A tight labor market has strengthened workers’ clout, compelling corporate leaders to increase pay and benefits or risk underperformance, according to BlackRock CEO Larry Fink.

  Treasury

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  Tech reliance to remain high even after the pandemic

  The kind of technology that got businesses through COVID-19 won’t be the kind that gets them through the permanently reshaped landscape in which they must operate, a global business specialist says.

  Technology

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  Conductor's first female CFO pushes her own boundaries to join former WeWork company

  A self-described risk-averse person by nature, Conductor's Sherri Moyen says she's been inspired by Sheryl Sandberg and others to choose risk over comfort.

  Strategy & operations

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  Deep Dive

  8 CFO tips for pursuing M&A amid dealmaking 'fever'

  M&A will probably surge this year after a record 2021, and CFOs who want to prevail in the highly competitive market should follow several best practices.

  Strategy & operations

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  Workiva's Klindt sees regulations as key to more ESG buy-in

  Anticipated SEC rules on ESG reporting could bring more firms off the sidelines. 

  Strategy & operations

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  Bad use of FP&A costs U.S. companies $7.8B a year

  The losses stem from innovation that doesn’t happen and the hours analysts spend using siloed, manual, error-prone data processes, a research collaboration between the University of Baltimore and DataRails finds.

  Strategy & operations

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