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  • Consumer Prices Climb Higher Than Expected For January
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    Joe Raedle via Getty Images

    High inflation persists, bolstering case for forceful Fed tightening

    Price gains during August for rent and other services exceeded forecasts, eroding hopes that the Federal Reserve will slow its campaign to curb demand.

  • Stock illustration of digital face with sound waves
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    iStock / Getty Images Plus via Getty Images

    SoundHound CFO keeps focus on growth, profitability as inflationary pressures loom

    The voice-enabled AI and former Nike CFO is chartering a path to profitability even as economic uncertainties continue to plague financial heads across industries.

  • Person riding a Peloton bike
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    Courtesy of Peloton

    Peloton co-founders exit amid operational, accounting headwinds

    The resignations come roughly two weeks after Peloton announced it was delaying its 10-K filing because it needed more time to complete fourth-quarter accounting and disclosures related to impairment charges.

  • A Zipline delivery package resting on grass
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    Luke Dray via Getty Images

    Zipline snags ex-Tesla, Verily CFO

    Deepak Ahuja, a CFO whose resume includes Verily Life Sciences and Tesla, will become the first chief business and financial officer for the drone delivery manufacturer as it consolidates plans to globally scale.

  • Image shows the back of a business person standing in front of a financial report projected on the wall.
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    NicoElNino via Getty Images
    Opinion

    Intercompany ops: more than zero-sum game

    For CFOs of growing companies, intercompany operations have increasing implications that extend across accounting, finance, tax, and treasury departments.

  • Concept with expert setting up automated software on laptop computer.
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    NicoElNino via Getty Images

    New Lynx CFO plans for company growth

    Amanda Blum is stepping into her first CFO role with an eye toward growth.

  • A person hands a check across a desk.
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    Andrey Popov via Getty Images

    Base pay comprises as little as 37% of startup exec comp

    While median executive compensation rose 8.5% in 2021, many C-suite pay packages lack structural protections needed in volatile markets. 

  • Businesspeople review expenses
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    ijeab via Getty Images

    Spendesk CFO to prioritize hiring

    Spend management solutions provider Spendesk tapped Julien Lafouge, a BlaBla Car alum, as its group CFO as it consolidates its European expansion plans.   

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    Scott Olson via Getty Images

    Recession likely in 2023, Fitch says

    Cuts to estimates for earnings growth underscore the growing risk of a U.S. downturn next year, Fitch Ratings said.

  • A row of cars in a lot
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    Justin Sullivan via Getty Images

    Twenty-year Capital One Auto Finance vet pivots to Prestige Financial CFO role

    Pepo Tsvetanov, an almost 20-year veteran of Capital One Auto Finance, will pivot to the top financial seat for auto financing  provider Prestige Financial.

  • empty lease agreement
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    designer491 via Getty Images

    FASB to consider tweaking lease accounting guidance

    Lease accounting is one of three major standards currently undergoing post-implementation reviews, according to FASB spokesperson Christine Klimek.

  • Shopify bag logo and name. in front of a brick wall.
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    Courtesy of Shopify

    Shopify taps Morgan Stanley exec as CFO

    The e-commerce giant’s leadership shakeup comes two months after Shopify announced it was slashing its workforce by 10%.

  • Flooded city street
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    undefined undefined via Getty Images

    ESG ratings firms show ‘significant shortcomings’: study

    ESG ratings providers, while gaining from rising demand for their assessments, are unreliable in gauging risk and return, Stanford University researchers said.

  • House, for sale sign
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    Joe Raedle via Getty Images

    Earnings Outlook: Homebuilder CFOs battle inflated material, labor costs

    Homebuilders report steady, but uneasy quarterly results as inflation pushes up costs of material, labor and home prices.

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    Chip Somodevilla via Getty Images

    Gensler: securities laws cover ‘vast majority’ of crypto tokens

    The SEC’s Gary Gensler signaled he would cooperate with the Commodity Futures Trading Commission to the extent that “it needs greater authorities with which to oversee and regulate crypto non-security tokens.”

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    Tim Boyle via Getty Images

    AT&T CFO says demand still ‘solid’ post price hike

    Despite “reduced visibility” into economic trends going into next year due to the current macroeconomic environment, Desroches expects improved cash conversions in 2023.

  • a large white truck with XPO Logistics branding in red and black outside an office park.
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    Courtesy of XPO Logistics

    B2B veteran named CFO of XPO Logistics’ spin-off

    Following the spin-off, RXO will be the third-largest provider of domestic and cross-border less-than-truckload freight shipping.

  • A gray and white Bed Bath & Beyond store.
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    Daphne Howland/CFO Dive

    Bed Bath & Beyond leadership gap a board ‘wake-up call’

    Bed Bath & Beyond’s appointment of Laura Crossen as interim CFO has raised questions about the type of permanent finance leadership the company will need. 

  • Wooden gavel sits on desk.
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    BCFC via Getty Images

    Bankruptcies fall during first half of 2022 yet risks loom

    Factors such as rising borrowing costs may fuel a rise in bankruptcy filings after a decline during the first half of 2022, Cornerstone Research said.

  • Ammunition displayed in a row
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    Ethan Miller via Getty Images

    Ammo Inc. suspends its CSO, GunBroker.com CFO after board blowup

    The ammunition manufacturer has placed two executives, including the CFO of subsidiary GunBroker.com, on administrative leave following allegations of data and digital asset misappropriation.

  • Golden circuit cloud showing cloud computing technology
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    PhonlamaiPhoto via Getty Images

    FreshBooks taps PwC alum as new CFO

    The cloud accounting software company appointed Wayne Jackson, who has 40 years of experience in the financial industry. 

  • The New York Stock Exchange in New York City.
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    Spencer Platt/Getty Images via Getty Images

    Q3 earnings estimates cut ‘more than average’: FactSet

    S&P 500 companies for the second quarter reported their lowest growth in earnings on an annual basis since the fourth quarter of 2020, FactSet said. 

  • Exterior of Raley's O-N-E Market supermarket in El Dorado Hills, California
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    Permission granted by Raley's

    Grocer Raley’s CFO killed in plane crash

    Ken Mueller, along with the company’s chief pilot, Richard Conte, perished after the aircraft they were on crashed near Galt, California, according to local reports.

    Updated Sept. 6, 2022
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    Michael M. Santiago via Getty Images

    Bed Bath & Beyond swiftly names interim CFO

    Laura Crossen’s appointment as interim CFO comes four days after the death of Gustavo Arnal, Bed Bath & Beyond’s finance chief since 2020.

  • Picture of a cybersecurity lock
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    iStock via Getty Images

    OneSpan taps Extreme Reach, KPMG alum for permanent CFO

    Former Extreme Reach CFO and KPMG alum Jorge Martell will take cybersecurity firm OneSpan’s financial reins from interim CFO Jan Kees van Gaalen.