Financial Reporting
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Comcast brings back former CFO for CEO ahead of planned split
Company alum Michael Angelakis will return as CEO as Comcast seeks to reverse its 15-year merger with Saturday Night Live owner NBCUniversal.
By Grace Noto • June 30, 2026 -
Firms with concrete AI strategies beat peers in stock gains, study finds
Investors tend to reward companies that set clear and quantified AI objectives over those relying on vague narratives, according to the analysis.
By Alexei Alexis • June 30, 2026 -
Explore the Trendline➔
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FASB waves in SOFR update
Banks transitioned to using the Secured Overnight Financing Rates benchmark after LIBOR was phased out in the wake of a manipulation scandal.
By Maura Webber Sadovi • June 25, 2026 -
Planet Fitness grants incoming CFO $3M new hire award
Former Keurig Dr. Pepper CFO Sudhanshu Priyadarshi is taking the fitness center operator’s finance reins as it seeks to boost membership.
By Grace Noto • June 25, 2026 -
Nike lands Pfizer CFO with $7.3M ‘new hire’ cash award
The sports apparel giant is turning to new financial leadership as it looks to make more progress with its “Win Now” turnaround strategy.
By Maura Webber Sadovi • June 24, 2026 -
Wendy’s names Potbelly alum to dual CFO, chief strategy role
Panera and McDonald’s veteran Steven Cirulis is stepping in as finance chief as the fast food chain struggles to reverse slumping sales and profit.
By Grace Noto • June 23, 2026 -
4 out of 5 companies can’t measure sustainability’s financial impact
“While science and target setting have moved forward, valuation tools and financial methodologies have lagged behind,” the KPMG report states.
By Maura Webber Sadovi • June 22, 2026 -
Most investors oppose semiannual reporting option: CFA Institute
Removing quarterly reporting requirements could result in “significant damage” to U.S. capital markets, the report states.
By Danielle McLean • June 22, 2026 -
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By ABGi USA • June 22, 2026 -
AT&T names new CFO
Jennifer Biry will rejoin the telecom company as its deputy CFO, before long-time finance chief Pascal Desroches retires at the end of the year.
By Grace Noto • June 17, 2026 -
Former Maryland-area CFO faces wire, immigration fraud charges
Maccaferri’s ex-finance chief fabricated emails — including from the CEO and CFO of its parent entity — to obtain bonus and other payments, the indictment alleges.
By Grace Noto • June 16, 2026 -
Accounting watchdog calls on CFOs to vet IPOs
Journalist and academic Francine McKenna says CFOs must “stand up” to CEOs and boards and serve as protectors of the integrity of their firms’ financial reporting.
By Maura Webber Sadovi • June 12, 2026 -
Adobe CFO’s exit leaves leadership gap
Daniel Durn’s departure leaves the tech platform fielding another executive search as it continues its hunt for a CEO successor to long-time top executive Shantanu Narayen.
By Grace Noto • June 12, 2026 -
AICPA tackles accounting’s AI era: 4 predictions
The crowd-sourced 44-page report from AICPA and CIMA examines AI-related changes reshaping the accounting industry.
By Maura Webber Sadovi • June 8, 2026 -
Board CFO sees rising ‘healthy skepticism’ of AI
As AI grows more entrenched in modern business, accurately calculating its cost-benefit is only getting more crucial for today’s CFOs, the enterprise planning platform’s CFO Gordon Pothier said.
By Grace Noto • June 8, 2026 -
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Sponsored by Charted (formerly SquareWorks Consulting)Why CFOs are turning to NetSuite to fix their intercompany transaction problem
Stop losing time to intercompany chaos. Learn how to configure NetSuite for clean, automated close.
June 8, 2026 -
Chipotle CFO zeroes in on international growth
The restaurant company could potentially have as many locations outside the U.S. as it does inside, given a few decades of further growth, CFO Adam Rymer said.
By Grace Noto • June 5, 2026 -
Q&A
DOJ appeal throws fresh uncertainty into tariff refund process
“The end game is clear: the government is trying to keep as much of the remaining money as possible,” said Reed Smith attorney Michael Lowell.
By Alexei Alexis • June 5, 2026 -
Hub Group interim CFO to receive $125K monthly
Interim CFO Todd Heeter will receive the monthly fee over a six-month term as Hub Group works to accurately restate its financials for the past three years.
By Grace Noto • June 4, 2026 -
Ramp rolls out accounting, close-focused AI operating system
The new product marks the startup’s entry into the accounting firm market, which is estimated to be a roughly $150 billion industry.
By Maura Webber Sadovi • June 3, 2026 -
Nubank swipes Visa vet for CFO amid US push
Shares of the Brazilian neobank’s parent slumped Tuesday, one day after it announced its long-time CFO was stepping down.
By Maura Webber Sadovi • June 2, 2026 -
ContextLogic appoints Cantaloupe alum to dual CFO, COO seat
Scott Stewart is stepping in as CFO and COO in the latest executive leadership shift by the former Wish owner turned business holding company.
By Grace Noto • June 1, 2026 -
Hub Group CFO, COO depart after $77M accounting error
The company named Todd Heeter as interim CFO as it works to continue to restate its financial statements for the past three years.
By Grace Noto • May 29, 2026 -
SEC proposes rule rescinding Biden-era climate risk disclosures
The agency’s proposal calls the 2024 climate disclosure rules “a dramatic overreach of the Commission’s statutory authority and, independently, unsound as a matter of policy.”
By Lamar Johnson • May 29, 2026 -
Opinion
Semiannual earnings will hurt businesses and the economy
Instead of allowing semiannual reporting, the SEC should streamline disclosure requirements without reducing the frequency healthy markets depend on.
By Yogi Goel • May 29, 2026