CFO of bankrupt Voyager resigns after five-month stretch

The CFO of the cryptocurrency exchange is resigning after just five months on the job as the company finalizes its bankruptcy.

By Grace Noto • Sept. 26, 2022

SEC committee calls for FASB reform

FASB’s slow rule-making process can have negative consequences for investors and financial executives, the SEC’s report asserts.

By Maura Webber Sadovi • Sept. 26, 2022

[PODCAST] Sox Talks

Tune into the new Sox Talks podcast to hear what SOX has accomplished—and what comes next.

By CFO Dive's studioID • Sept. 26, 2022

Dentsply taps new CFO after shaking up Moderna

Dentsply’s disclosure in May of an internal probe into its use of incentives led to the swift departure of its former CFO Jorge Gomez from Moderna after only one day on the job.

By Maura Webber Sadovi • Sept. 23, 2022

Chobani names permanent CFO, revitalizes IPO talks

The company’s former CFO departed in June after another delay in IPO plans.

By Elizabeth Flood • Sept. 23, 2022

FASB LIBOR relief draws support, deadline nears

The proposal would extend accounting relief for another two years to borrowers switching LIBOR-linked loans to new benchmarks.

By Maura Webber Sadovi • Sept. 21, 2022

SEC presses for economic risk disclosures

The SEC’s focus on disclosures related to turbulence in the economy comes as the agency pushes companies to disclose more about executive pay. 

By Maura Webber Sadovi • Sept. 20, 2022

Emmi Group poaches CFO from Calida Group

The dairy producer appointed Sacha D. Gerber as CFO. Gerber plans to leave the top financial position at luxury underwear company Calida Group.

By Elizabeth Flood • Sept. 19, 2022

CFOs need to ‘get smart’ about ESG reporting

“ESG requirements are changing the landscape of corporate America,” said Lisa Edwards, president and chief operating officer of SaaS firm Diligent.  

By Elizabeth Flood • Sept. 15, 2022

Private companies grapple with FASB lease accounting rules

Private companies have voiced concerns about the complexity of updated lease accounting rules, a FASB staff member reported Wednesday. 

By Maura Webber Sadovi • Sept. 14, 2022

Grindr appoints new CFO as it readies for IPO

The dating app operator named a former Disney exec as its CFO as it moves forward with plans to go public later this year.

By Elizabeth Flood • Sept. 14, 2022

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.

By David Brightman • Sept. 13, 2022

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.

By Elizabeth Flood • Sept. 13, 2022

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. 

By Maura Webber Sadovi • Sept. 12, 2022

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.

By Maura Webber Sadovi • Sept. 9, 2022

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%.

By Elizabeth Flood • Sept. 9, 2022

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.

By Grace Noto • Sept. 8, 2022

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.”

By Maura Webber Sadovi • Sept. 8, 2022

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.

By Elizabeth Flood • Sept. 8, 2022

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. 

By Elizabeth Flood • Sept. 7, 2022

Law firm Olgetree Deakins taps former Steptoe CFO

David Zimbrick will depart after two decades at Steptoe & Johnson in favor of  the CFO seat at Ogletree.

By Elizabeth Flood • Sept. 6, 2022

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.

By Maura Webber Sadovi • Sept. 6, 2022

Bed Bath & Beyond CFO falls from NYC tower, dies

Gustavo Arnal became Bed Bath & Beyond’s finance chief in 2020. The home goods retailer’s turnaround plans have been facing increasing headwinds.

By Maura Webber Sadovi • Sept. 5, 2022

Stock buyback tax could have broader impact: EY

The 1% excise tax on stock repurchases was part of the Inflation Reduction Act and comes as the brisk pace of share buybacks has downshifted.

By Maura Webber Sadovi • Sept. 2, 2022

Cybersecurity firm ExtraHop names new CFO

ExtraHop appointed Mike Parson as its new CFO, one of a series of new C-suite leaders named as the company seeks to scale up.

By Elizabeth Flood • Sept. 2, 2022