Tesla CFO unloads more stock as CEO pay battle brews

The CFO’s latest share sale comes as the EV maker’s CEO Elon Musk is seeking a $1 trillion pay package.

Insiders are winning more CFO turnovers: Crist Kolder

Of 71 Fortune 500 and S&P 500 CFO spots that turned over in H1, 51 were internal hires and 20 were external, according to the executive search firm’s recent report.

Finance teams struggle to shake ‘Department of No’ label

Only 18% of CFO business partners said they strongly feel the finance department has their strategic needs in mind when making decisions, a Datarails survey found.

Producer prices fall, bolstering argument for Fed rate cut

The fresh data on prices paid to producers differ from other recent signs that inflation persists well above the Fed’s 2% long-run goal.

Dell CFO resigns after two years in seat

Yvonne McGill’s time as finance chief capped a nearly 30-year career at the Texas-based PC-maker. She is credited with helping grow Dell’s AI business.

Rising tariff worries, AI use puts spotlight on FP&A, Protiviti survey finds

Businesses are increasingly looking to FP&A to manage their data needs as concerns related to cybersecurity, AI and tariffs rise, Protiviti found.

Small business optimism rises on sales outlook, labor demand falls: NFIB

The proportion of small businesses reporting that they are hiring slumped 4 percentage points in August compared with July, the National Federation of Independent Business said.

Yum names new CFO as it preps for CEO swap

As Chris Turner prepares to take over Yum, Taco Bell’s parent company promoted three leaders, including appointing Ranjith Roy, formerly its chief strategy officer and treasurer, to CFO.

AI-driven job displacement may already be here: Fed

The CEOs of Salesforce and Amazon have been in the spotlight after touting AI’s ability to handle some jobs in place of humans.

Ransomware insurance losses spike despite fewer claims: Resilience

AI-powered phishing, “double extortion” tactics and insurance policy theft are fueling more destructive, costly ransomware attacks, the cybersecurity firm said.

Walmart taps OpenAI for employee training

The mass retailer will debut training for employees in 2026 through a partnership with the company behind ChatGPT.

Walmart CFO in SEC filing trims planned sales of company shares

John David Rainey, the retail behemoth’s finance chief, plans to sell a maximum total of 40,000 shares on two dates early next year.

Stablecoin maturity, regulation opens crypto adoption gate: Taxbit CEO

While regulatory clarity has eased some of the risks associated with stablecoins, CFOs are still eyeing outstanding accounting and tax questions.

Most firms aim to boost budgets for worker safety in next three years: EY

Work-related accidents and diseases annually take the lives of 3 million people worldwide, according to the International Labor Organization.

Fed primed for rate cut as hiring slumps, unemployment inches up to 4.3%

Traders in interest rate futures, responding to new labor market data, increased the odds that the Fed will cut the benchmark interest rate by at least 0.75 percentage point before next year.

CPA licensing headlines California’s Accountancy Campus Tour

The promotional pitch for the 2025-2026 Accountancy Campus Tour features a vibe that is more Lollapalooza-light than ledger-heavy.

Sweetgreen swipes Chipotle CAO for CFO

Jamie McConnell will step in as Sweetgreen’s finance chief after a “convergence” of external and internal challenges led to slumping sales for the salad chain.

Nestlé CEO firing followed second probe of office romance, CFO says

The food giant’s finance chief said a May allegation of “improper favoritism” ultimately led to two investigations and the CEO’s dismissal.

CFOs must hone data interpretation skills in AI age, AuditBoard CEO says

As finance chiefs confront the “enormous” risks AI can bring to their organizations, parsing data into insights is crucial, AuditBoard’s Raul Villar Jr. said.

Miran comes under fire in nomination hearing over future Fed independence

“Are you Donald Trump's puppet?” Sen. John Kennedy, R-La., asked Council of Economic Advisers Chair Stephen Miran during his testimony before the Senate Banking Commitee.

Layoffs rise, job openings fall to lowest level in 10 months: BLS

“I expect the labor market to gradually cool and remain near full employment with the risks tilted to the downside,” St. Louis Federal Reserve Bank President Alberto Musalem said.

California CPA pathways bill heads to Governor Newsom’s desk

Golden State lawmakers passed the legislation Tuesday, positioning the accounting industry’s licensing reform initiative for a big state win.

Enanta CFO dies after taking medical leave of absence

Harry R. Trout was named interim finance chief of the drug company in late August as long-time CFO Paul J. Mellett, Jr. went on medical leave.

Spectrum Brands terminates CFO to cut costs

The CFO departure comes as Spectrum targets additional cost savings and navigates the ongoing impacts of what CEO David Maura called “the tariff torpedo.”

Tracking CPA licensure paths: Removing the 150-hour-rule hurdle

State changes to licensing rules are chipping away at a decades-old system that has largely required CPA candidates to complete what effectively amounts to a fifth year of schooling.

Updated Sept. 3, 2025