Leadership
-
Mario Tama via Getty Images
5 tips for businesses filing hurricane-related insurance claims
With Hurricanes Helene and Milton estimated to have cost tens of billions of dollars in damage, it’s important for businesses to carefully document the impact when filing insurance claims.
By Maura Webber Sadovi • Oct. 11, 2024 -
Justin Sullivan via Getty Images
Stellantis CFO to step down in shakeup at beleaguered automaker
The CFO swap comes amid criticism for company leadership due to declining sales, with the Jeep operator also facing a potential strike by U.S. workers.
By Grace Noto • Oct. 11, 2024 -
Explore the Trendline➔
lorozco3D via Getty Images
TrendlineCompensation: solving the cost-talent puzzle
In today’s strong labor market, CFOs leery of raising wages find creative ways to find and retain key employees.
By CFO Dive staff -
"Royal Bank of Canada's global headquarters at 200 Bay Street in Toronto, Canada" by Francisco Diez is licensed under CC BY 2.0
RBC’s ousted CFO lands at Canaccord
In April the Royal Bank of Canada fired its then CFO Nadine Ahn, citing an “undisclosed personal relationship” that violated its code of conduct. Ahn subsequently sued RBC for wrongful dismissal.
By Maura Webber Sadovi • Oct. 10, 2024 -
Justin Sullivan / Staff via Getty Images
AI adoption among CFO teams is ‘just starting to ramp up’
The research comes as enterprises are seeing an explosion of AI-powered software tools designed to streamline workflows.
By Alexei Alexis • Oct. 10, 2024 -
Atstock Productions via Getty Images
Election delays some M&A deals: report
Dealmakers are grappling with uncertainties around upcoming elections in the U.S. and elsewhere, a Datasite survey found.
By Alexei Alexis • Oct. 9, 2024 -
Sean Gallup via Getty Images
KPMG backs 120-credit hour alternative CPA licensure option
Paul Knopp, KPMG U.S. Chair and CEO, called the deepening accounting talent shortage “a brewing crisis” that needs to be addressed in the “near term.”
By Maura Webber Sadovi • Oct. 9, 2024 -
Joe Raedle via Getty Images
Tinder parent Match promotes SVP to CFO
Match alum Steven Bailey will step into the company’s CFO seat as it fields demands from activist investors for change, including calls for a potential sale.
By Grace Noto • Oct. 8, 2024 -
imaginima via Getty Images
Opinion4 ways tech can help CFOs navigate a tricky ESG landscape
This year has marked the beginning of a groundswell of enhanced, regulated reporting on sustainability and climate data, writes Persefoni’s Emily Pierce.
By Emily Pierce • Oct. 8, 2024 -
gorodenkoff via Getty Images
Corporate boards, C-suite teams urged to step up tech focus
The current tech landscape “now demands that businesses reinvent themselves to remain competitive,” according to a report by the National Association of Corporate Directors.
By Alexei Alexis • Oct. 8, 2024 -
rgbdigital via Getty Images
New Salesloft CFO keeps eye on finance ‘fundamentals’
Though economic headwinds could accelerate a CFO’s shift to become a strategic leader, “business fundamentals” stay the same regardless, said Salesloft CFO Chris Nagy.
By Grace Noto • Oct. 7, 2024 -
Amir Levy via Getty Images
Companies signal pullback on Israel-Gaza philanthropy: Conference Board
As the conflict enters its second year, some companies will likely wind down funding commitments amid concern about backlash to corporate policies, the Conference Board’s Andrew Jones said.
By Maura Webber Sadovi • Oct. 7, 2024 -
GussWilder for iStock via Getty Images
Inflation, interest rates continue to drive big business bankruptcies
The services, manufacturing, finance and real estate sectors are among the industries experiencing higher levels of financial distress, according to Cornerstone.
By Maura Webber Sadovi • Oct. 4, 2024 -
Justin Sullivan via Getty Images
Jack in the Box controller takes third spin as interim CFO
For her third go-round as interim CFO, Jack in the Box controller Dawn Hooper will see a $19,500 monthly boost to her annual salary, the company said.
By Grace Noto • Oct. 4, 2024 -
Stock Photo via Getty Images
What must-have AI skills do finance execs need? First, dig in.
CFOs don’t need to code AI themselves, but they do need to try it out and learn how it can be applied to their individual situations, consultants say.
By Chris Gaetano • Oct. 4, 2024 -
Jonathan Drake/Reuters
Hurricane Helene aftermath prompts card, cash troubles
After the storm ripped through the southeastern U.S., consumers and merchants have been left grappling with card network outages and cash shortages.
By Lynne Marek • Oct. 4, 2024 -
Stephen Maturen via Getty Images
AICPA, NASBA draft new CPA rules for states to model
The proposed update to the Uniform Accountancy Act is a key step toward opening a path to CPA licensure that requires fewer college credits.
By Maura Webber Sadovi • Oct. 3, 2024 -
Justin Sullivan via Getty Images
OpenAI boosts valuation with $6.6B funding round
The move comes amid speculation that OpenAI may be considering an initial public offering and as its CFO has been actively touting the company’s strategy.
By Alexei Alexis • Oct. 3, 2024 -
Jack Taylor via Getty Images
Deloitte teams up with contract data analytics firm Pramata
Pramata’s focus on protecting clients from generative AI “hallucinations” was a key reason it was selected to become a Deloitte partner.
By Alexei Alexis • Oct. 2, 2024 -
Feverpitched via Getty Images
Online housing platform Opendoor brings in Google, eBay alum for CFO
Selim Freiha will take Opendoor’s financial reins as it weathers headwinds in a “challenging” housing market.
By Grace Noto • Oct. 2, 2024 -
Courtesy of Affirm
Affirm may offer discounts after Fed interest rate cut
The Federal Reserve’s interest rate reduction may give the company leeway to offer more consumers 0% interest or a lower APR, Affirm CFO Michael Linford said this week.
By Patrick Cooley • Oct. 2, 2024 -
Anna Moneymaker via Getty Images
3 CFOs gauge rate cut’s impact
The Fed’s rate cut has handed floating-rate debt borrowers an immediate tailwind but CFOs are still grappling with new strategies that the move could elevate.
By Maura Webber Sadovi • Oct. 1, 2024 -
Kena Betancur via Getty Images
Zoom picks Microsoft vet for CFO
Michelle Chang will take the video conference provider’s financial reins as the company pushes to advance its AI-first work platform.
By Maura Webber Sadovi • Oct. 1, 2024 -
Kevin Frayer via Getty Images
Huawei CFO takes second stint as chair amid reported ByteDance team-up
The long-time CFO will step in to lead Huawei’s board as the telecom firm looks to supplant Nvidia as the premier AI chip provider in China.
By Grace Noto • Oct. 1, 2024 -
Jirapong Manustrong via Getty Images
Companies struggle to stay afloat in sea of tech innovations
More than half of organizations often feel like they don't have the budget to keep pace with tech advancements, KPMG found.
By Alexei Alexis • Oct. 1, 2024 -
gorodenkoff via Getty Images
2025 financial conference roundup
As CFOs prepare for new challenges in 2025, connecting with like-minded executives at upcoming financial conferences can help them to craft effective strategies.
By Grace Noto • Oct. 1, 2024
