Why CFOs must beef up their CX playbooks

The B2B market is facing a new generation of decision makers who are accustomed to speedy digital customer experiences, according to Billtrust CFO Bob Purcell. 

By Bob Purcell • May 19, 2023

Foot Locker taps Kohl’s exec for CFO

Kohl’s alum Michael Baughn will move into Foot Locker’s CFO role as the sneaker retailer reported slumping sales and lowered 2023 guidance.

By Grace Noto • May 19, 2023

Explore the Trendline➔

Top 5 stories from CFO Dive

Tarifff headwinds along with the accounting talent shortage and the promises and traps of generative AI, are among the top issues CFOs are grappling with this year.

By CFO Dive staff

Walmart to invest in supply chain as it outshines big-box rivals

Walmart attracted budget-conscious customers, but inflation persists as one of its strongest headwinds.

By Suman Bhattacharyya • May 19, 2023

GE promotes insider to CFO, prepares for spin-offs next year

Ahead of their planned three prong spin-off, the industrial giant has promoted Rahul Ghai, 51, to take the financial helm.

By Elizabeth Flood • May 18, 2023

Ex-Amazon finance leader headed for DocuSign

The new finance chief will help DocuSign to unlock both growth and operational efficiency, the company’s CEO said.

By Alexei Alexis • May 17, 2023

Data key to grasping generative AI fundamentals

As more companies try out generative AI, understanding the role and importance of the data underpinning these models is crucial for CFOs.

By Grace Noto • May 17, 2023

Lyft CFO steps down in latest of leadership changes

In the first week of his tenure, new CEO David Risher announced a 26% reduction in Lyft’s corporate workforce. Now, the current CFO is stepping down.

By Elizabeth Flood • May 17, 2023

SEC fines 10 microcaps for flawed stock offerings

The SEC sanctioned small companies that failed to follow rules under Regulation A, which offers early-stage businesses a low-cost way to raise capital.

By Jim Tyson • May 16, 2023

Disney CFO, ex-CEO named in shareholder lawsuit

The 39-page court document alleges that Bob Chapek, Christine McCarthy and Kareem Daniel misled investors regarding the health of the business.

By Elizabeth Flood • May 16, 2023

Retailers lag, energy firms lead in environmental disclosures: Fitch

Standards for gauging sustainability are gelling amid a backlash against government plans to require corporate disclosure on climate risk.

By Jim Tyson • May 12, 2023

Why CFOs need to act like the quarterback

Between juggling ChatGPT advancements and looming ESG reporting guidelines, CFOs need to be a “master of many town halls,” said EY’s Mike Kelly.

By Elizabeth Flood • May 12, 2023

Revolut CFO leaves digital bank for ‘personal reasons’

The company’s finance head is the latest to depart the troubled fintech as it fends off regulatory and financial concerns.  

By Grace Noto • May 12, 2023

FASB’s tax proposal will ‘change the game’

Previous FASB calls for greater income tax transparency have drawn pushback from businesses. This time the initiative appears to be gaining steam.

By Maura Webber Sadovi • May 12, 2023

FASB moves to tweak carried interest accounting

The FASB’s proposed changes to accounting guidance on so-called carried interest isn’t likely to make the same kind of waves that proposed changes to related tax rules caused.

By Maura Webber Sadovi • May 11, 2023

Disney to cut back streaming content as subscriber count slumps, CFO says

Disney’s restructured content strategy comes as the company faces legal battles, a changing entertainment environment and the impact of AI.

By Grace Noto • May 11, 2023

PwC, KPMG China audits are flawed: PCAOB

The PCAOB findings follow U.S. success in overcoming opposition from Beijing to the inspection of audits of China-based companies listed on U.S. stock exchanges.

By Jim Tyson • May 11, 2023

GlobalFoundries taps former Amazon exec for CFO seat

The new finance chief of chipmaker GlobalFoundries previously served as CFO of Amazon’s cloud computing business. 

By Alexei Alexis • May 11, 2023

Beyond Meat CFO plans turnaround as revenue falls

The maker of plant-based meat reported a 15.7% year-over-year revenue drop as inflation and shrinking demand weighs heavily on the sector.

By Suman Bhattacharyya • May 11, 2023

Barclays veteran named Tellurian CFO

The appointment of investment banker Simon Oxley comes at a “pivotal time” for Tellurian, as the energy company looks to fund a proposed natural gas export facility in Louisiana, according to its CEO.

By Alexei Alexis • May 10, 2023

New York Times promotes strategy officer to CFO

CFO Roland Caputo announced his retirement from the company back in December 2022. Now, the company is looking to another long-time employee to fill his shoes.

By Elizabeth Flood • May 10, 2023

Driven Brands CFO abruptly exits

Three-year company veteran Tiffany Mason abruptly departed the automotive services company last week, with former Cardtronics CFO Gary W. Ferrera to step into the newly vacant CFO seat.

By Grace Noto • May 9, 2023

Entrepreneurial mindset drives growth: ex-Poshmark CFO

When it comes to growing a business of any kind, thinking like a founder is key, regardless if you are one or not, former Poshmark CFO Kapil Agrawal said.

By Elizabeth Flood • May 8, 2023

3 keys for superior supply chain finance

The SCF innovations every CFO should look for to optimize cash flow and strengthen supply chains.

May 8, 2023

CFOs brace for tighter times as credit dries up

As difficult as the financing environment is right now, Wolters Kluwer’s Jeroen Van Doorsselaere predicts “a real credit crunch” developing in the second half of 2023.

By Chris Gaetano • May 5, 2023

Bean CEO wants to bring flexibility, creativity to accounting

To solve the accounting shortage, Bean CEO Anees Pretorius asserts the industry must provide talented professionals with the tools and flexibility they need to do better work more quickly — and to make it more delightful.

By Grace Noto • May 5, 2023