Payoneer CFO battles e-commerce slowdown

Payoneer is counting on global growth and new services to offset what CFO Michael Levine called e-commerce “softness.”

By Caitlin Mullen • Aug. 26, 2022

Honor Technology taps Google alum as new CFO

As Honor Technology looks to grow, it tapped industry veteran Andrew Steinberg as its financial leader.

By Elizabeth Flood • Aug. 26, 2022

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

Flagging Dollar Tree snags Qurate CFO in latest executive swap

Departing Qurate Retail Group CFO Jeffrey A. Davis will move into the top financial seat for Dollar Tree as the discount retailer revamps its C-suite and board after cleaning executive house.

By Grace Noto • Aug. 25, 2022

UnitedHealth CFO named in amended class action

UnitedHealth CFO John Rex put the company’s business dealings with Wells Fargo ahead of ERISA obligations, the complaint alleges. 

By Elizabeth Flood • Aug. 25, 2022

Fitch sees ‘modest’ tax headwind from Inflation Reduction Act

Fitch’s assessment comes as CFOs, accountants and tax-preparers are just beginning to grapple with the Inflation Reduction Act’s tax implications.  

By Maura Webber Sadovi • Aug. 24, 2022

Earnings Roundup: Big oil CFOs brace for inflation, eye demand

Exxon and Chevron finance chiefs signaled on second quarter earnings calls that they are closely tracking demand as recession worries loom.  

By Grace Noto • Aug. 23, 2022

Credit Suisse appoints new CFO in executive shuffle

Credit Suisse has named a former Deutsche Bank exec as its new CFO as part of a series of executive changes at the top.

By Elizabeth Flood • Aug. 22, 2022

FASB calls for comments on tax credit change

The move marks another step toward simplifying accounting rules related to Renewable Energy Tax Credits and several other credit programs.

By Maura Webber Sadovi • Aug. 22, 2022

Walmart CFO eyes payments opportunities

With PayPal’s former CFO on board, the retail behemoth is assessing its prospects in the payments arena near and far.

By Lynne Marek • Aug. 22, 2022

The accounting profession is making bold moves to increase diversity

The CAQ surveyed nearly 4,000 students and found that Black and Hispanic business majors who have considered accounting degrees perceive several barriers to entering the profession. Leaders in the field are taking action and investing in change.

Aug. 22, 2022

EY requests ‘immediate’ Treasury tax guidance on split-offs

Accountants and tax-preparers are just beginning to grapple with the ramifications of the new 15% Corporate Alternative Minimum Tax.

By Maura Webber Sadovi • Aug. 19, 2022

Former Trump CFO pleads guilty in tax scheme

At the core of the charges that Trump Organization executive Allen Weisselberg pleaded guilty to Thursday is a scheme to evade income taxes by hiding compensation.

By Maura Webber Sadovi • Aug. 18, 2022

SEC accepts crypto update to GAAP taxonomy

The accounting changes come as crypto-asset valuations have taken a beating and drawn increasing regulatory scrutiny.

By Maura Webber Sadovi • Aug. 17, 2022

Walmart CFO aims for market share as shoppers trade down

The retail giant’s pricing strategy — geared to budget-conscious consumers — includes plans for an under-$50 Thanksgiving meal for four.

By Maura Webber Sadovi • Aug. 16, 2022

Home Depot gains record profit on home improvement craze

Home Depot reported record Q2 revenue, with homeowners’ strong balance sheets helping the company to navigate successfully through inflationary pressures.

By Grace Noto • Aug. 16, 2022

China’s economic ills persist under COVID-19 lockdowns

Rising COVID-19 cases and record youth unemployment saw China’s economy slump in July, further clouding its growth outlook for the year.

By Grace Noto • Aug. 16, 2022

Akumin terminates CFO per transformation plan

With the hiring of a global business transformation specialist as Akumin’s interim CFO, William Larkin is fired from the top financial seat. 

By Elizabeth Flood • Aug. 15, 2022

Sonos CFO departs for Taser-maker Axon

CFO Brittany Bagley exits Sonos following disappointing fiscal third quarter revenue results, with the speaker company partially blaming inflation for a lackluster quarter.

By Elizabeth Flood • Aug. 11, 2022

Bankrupt Revlon to pay $165,000 monthly for interim CFO

Alvarez & Marsal Managing Director Matt Kvarda will step in as interim CFO for beauty brand Revlon as it goes through corporate restructuring, with the consulting firm reaping a $165,000 monthly fee.

By Grace Noto • Aug. 10, 2022

Brink’s taps Eaton, PwC veteran as CFO

The Brink's Company, know for its iconic trucks that transport cash, has tapped a new CFO as its long-time finance chief prepares to retire. 

By Elizabeth Flood • Aug. 10, 2022

IFF CFO sees ‘meaningful’ cost increases next year

International Flavors & Fragrances CFO said the ingredient maker is rethinking contracts as part of its effort to combat inflation. 

By Maura Webber Sadovi • Aug. 9, 2022

AMC Networks promotes CFO to CEO, names new finance chief

Patrick O’Connell is joining AMC as CFO while the current finance chief moves up the ladder.

By Elizabeth Flood • Aug. 9, 2022

Tanger REIT continues CFO hunt, highlights ESG

Two months after announcing the abrupt departure of James Williams, Tanger REIT is continuing its CFO search. 

By Grace Noto • Aug. 9, 2022

Companies reporting weak earnings go unpunished

Several CFOs have announced disappointing second-quarter earnings while not triggering a decline in their company’s share price, FactSet said.

By Jim Tyson • Aug. 8, 2022

Plummeting tech valuations lead to record $23B SoftBank loss

The slump in global technology stocks, rising inflation and a weaker yen led Japanese bank SoftBank to report a record $23 billion loss.

By Grace Noto • Aug. 8, 2022