SVB exposure: FAQs

In the wake of Silicon Valley Bank’s weekend implosion, CFOs are left scrambling to figure out the fate of deposits, payments and loans, as well as how exposure to the bank could impact their business.

By Grace Noto • March 13, 2023

DocuSign makes surprise CFO transition announcement

Cynthia Gaylor is stepping down from her role as CFO as the company handles the aftermath of two rounds of layoffs and leadership team expansion.

By Elizabeth Flood • March 13, 2023

Explore the Trendline➔

Modern accounting and the CFO

modern accounting

By CFO Dive staff

Most companies lack technology needed for SEC climate rule: survey

Global standard-setters face pushback from companies ill-equipped for complying with climate risk disclosure rules.

By Jim Tyson • March 10, 2023

Allbirds replaces CFO with ex-Adidas exec

The Silicon Valley favorite sneaker brand is the second direct-to-consumer brand this week to report disappointing earnings and a CFO transition.

By Elizabeth Flood • March 10, 2023

Walmart bets on digital retail future, CFO says

The retail giant is focusing on in-store technology and logistics improvements and positioning stores as distribution points for online shopping.

By Suman Bhattacharyya • March 9, 2023

CFO base pay raises outpace CEOs’

Finance chiefs edged out top executives for salary increases on average, though CEOs saw higher gains in total compensation.

By Grace Noto • March 9, 2023

Allstate focused on profitability first, growth second

CFO Jess Merten outlined the company’s strategy as its largest competitors take an opposite approach.

By Elizabeth Flood • March 9, 2023

PayPal CFO hits the exit

PayPal CFO Blake Jorgensen, who has been on a medical leave since September, left his role Tuesday.

By Lynne Marek • March 8, 2023

CrowdStrike revenue soars amid high cyber demand

The cybersecurity company reported record financial results in spite of macroeconomic headwinds.

By Alexei Alexis • March 8, 2023

Expedia alum takes Sonder CFO seat

The hospitality platform announced a new finance chief as it looks to reach positive quarterly cash flow in 2023 while facing a murky economic environment.  

By Grace Noto • March 7, 2023

ESG reporting muddled by jumble of standards: IFAC

The SEC plans before May to release a final climate risk disclosure rule aimed at achieving uniform corporate reporting and combating “greenwashing.”

By Jim Tyson • March 6, 2023

Software firm Ramp closes $5M seed round

The funding will help with hiring additional staff and onboarding new clients, the company’s CEO told CFO Dive.

By Alexei Alexis • March 6, 2023

Pay plan rejections hit record high

Last year the rejections of Russell 3000 Index companies’ pay packages hit the highest annual level since the non-binding say-on-pay votes became mandatory in 2011.

By Maura Webber Sadovi • March 3, 2023

FASB studies AI use in financial data analysis

The surge in use of conversational artificial intelligence has prompted scrutiny of the technology’s role in financial decisions.

By Jim Tyson • March 3, 2023

Doth Buffett protest GAAP too much?

Warren Buffett — CEO of Berkshire Hathaway and one of the world’s most renowned investors — didn’t disappoint fans of his folksy, acerbic writing in his latest shareholder letter. 

By Maura Webber Sadovi • March 1, 2023

IRS Commissioner-nominee pledges to uncover corporate taxes owed

Billions of dollars in new funding for the IRS will not go toward increasing the audit rate for businesses and taxpayers that make less than $400,000 per year, Daniel Werfel said.

By Jim Tyson • March 1, 2023

Target, Dollar Tree prepare for weaker consumer spending

Retailers are approaching 2023 with caution as consumers pull back on discretionary spending and as supply chain and labor costs continue to tick upwards.

By Grace Noto • March 1, 2023

Zoom predicts growth while watching macro headwinds

Economic uncertainty remains a risk for the company “at least through the rest of this year,” its CFO said.

By Alexei Alexis • Feb. 28, 2023

Strong relationships can aid CFOs in building C-suite cohesion

Executive leaders are losing faith in their leadership teams, but fostering strong, individual relationships between their peers could help CFOs get the C-suite on on track.

By Grace Noto • Feb. 28, 2023

Capricorn Energy slots in interim CFO

The British oil and gas producer tapped its director of finance as acting CFO. Its board also commenced a “strategic review” of the company’s assets, cost base and future business strategy.

By Grace Noto • Feb. 27, 2023

Avoiding operational lag in hiring plans

Midsize businesses are still looking to grow headcount despite macroeconomic challenges, but in order to do so effectively, they need to have a thorough headcount management plan in place, according to TeamOhana’s CEO.

By Elizabeth Flood • Feb. 27, 2023

CFOs scramble to keep pace with finance tech frenzy

Artificial intelligence, machine learning, and language processing are among cutting-edge technologies that could transform the corporate finance world in the near future.

By Alexei Alexis • Feb. 27, 2023

Beyond Meat’s lean inventory is key, CFO says

The California company is one of a growing number of firms pivoting to cut costs through layoffs, real estate consolidation and other measures.

By Maura Webber Sadovi • Feb. 24, 2023

FarFetch CFO to exit in 2023

The London-based luxury fashion retailer is hunting for a successor as CFO Elliot Jordan is poised to depart after eight years.

By Elizabeth Flood • Feb. 24, 2023

Standard-setters consider softer start to climate risk disclosure

A backlash against proposals to require detailed corporate reporting on climate risk may compel more gradual application of the rules.

By Jim Tyson • Feb. 24, 2023