Instacart to focus on order efficiency to retain online grocery delivery dominance

The practice of “batching,” or handling multiple orders per shopper trip, is improving unit economics, CFO Nick Giovanni says.  

By Suman Bhattacharyya • Dec. 8, 2023

Ex-Salesforce finance exec lands at digital accounting startup

Accounting automation startup Docyt says its expanding its executive leadership team as it positions itself for continued growth.

By Alexei Alexis • Dec. 7, 2023

Explore the Trendline➔

Top 5 stories from CFO Dive

Bank turmoil and tightening credit markets have forced CFOs to take a harder look at costs this year. Now finance chiefs also face the challenge of weaving generative AI into their operations.

By CFO Dive staff

Chewy names new CFO

The online pet supplies retailer has been looking for someone to fill the role on a permanent basis after Mario Marte stepped down from the role in July.

By Caroline Jansen • Dec. 7, 2023

Citi cuts multiple CFO roles as part of broad restructuring

The bank’s biggest restructuring in a decade is hitting group finance chiefs as Citi seeks to trim expenses over the next two years.  

By Suman Bhattacharyya • Dec. 7, 2023

Microsoft poised to roll out AI tools for CFOs

The announcement marks the latest effort by Microsoft to stake out a dominant position in the rapidly evolving AI-enabled business applications market.

By Alexei Alexis • Dec. 6, 2023

Airbnb CFO moves to new chief business officer role

The short-term home rental company’s CFO will transition to a new role as Airbnb reaches an “inflection point” with plans to expand beyond its core business.

By Grace Noto • Dec. 6, 2023

Goldman CFO sees ‘cleaner’ macro picture with ‘pockets of nervousness’

In spite of geopolitical uncertainty, Goldman finance chief Denis Coleman said he expects a “more clear” deal-making runway in 2024. 

By Maura Webber Sadovi • Dec. 5, 2023

Trivago appoints interim CFO; permanent finance head to start in April

The company’s head of finance will step in to fill its CFO gap as it continues to battle rising average room rates, with a permanent CFO set to take the seat in April.

By Grace Noto • Dec. 5, 2023

CPA firm exec is ‘blown away’ by OpenAI craze across client base

More than half of Kruze Consulting’s client base has adopted OpenAI’s technology, with much of that penetration occurring during the past year.

By Alexei Alexis • Dec. 5, 2023

Tesla CFO sells shares as Musk draws new scrutiny

A spotlight is on the EV maker as investors weigh recent controversial comments from CEO Elon Musk and a lukewarm launch of its Cybertruck product.

By Grace Noto • Dec. 4, 2023

Ulta Beauty rides strong consumer spending, taps new financial leadership

CFO Scott Settersten will retire after 11 years at the financial helm, with Ulta Beauty’s SVP of finance poised to take the seat as consumers continue to spend on smaller luxuries.

By Grace Noto • Dec. 1, 2023

FIS CFO eyes small acquisitions

Fidelity National Information Services is on the hunt for smaller acquisitions in one of its divisions, and it’s benefitting from other companies’ deals in another.

By Lynne Marek • Dec. 1, 2023

CFO, HR collaboration key to cutting health care costs

To find a health care sweet spot, CFOs and HR leaders must “give a little each,” Imagine360’s Jeff Bak said.

By Grace Noto • Nov. 30, 2023

Claire’s taps Bath & Body Works vet for CFO-COO role

The appointment comes as the retailer is weighing the best time to go public, after withdrawing an IPO earlier this year.

By Alexei Alexis • Nov. 30, 2023

MGM CFO expects insurance to cover cyberattack costs

The Las Vegas-based casino and resort operator has pegged the costs of the September cyberattack that temporarily crippled operations at about $100 million.

By Suman Bhattacharyya • Nov. 29, 2023

AMC Networks expects ‘no material impact’ from Hollywood strikes

Despite now-resolved labor strikes that brought Hollywood to a standstill, AMC Networks is “set up well going into 2024,” CFO Patrick O’Connell said.

By Alexei Alexis • Nov. 29, 2023

For GenAI-backed accounting, CFOs can’t ‘learn as you go’

CFOs need to develop a business-wide plan for GenAI’s use, create clear data practices and ensure accountability to incorporate the technology into accounting effectively.   

By Grace Noto • Nov. 29, 2023

Ralph Lauren veteran takes CFO job at Vince

John Szczepanski takes on a role that has had significant turnover in recent months, as the struggling brand embarks on a turnaround.

By Daphne Howland • Nov. 29, 2023

Driving the GenAI journey: Teradata CFO

CFOs must take point on plotting a company’s AI course, navigating compliance and governance, and finding key talent and use cases, Teradata’s CFO Claire Bramley said.  

By Grace Noto • Nov. 28, 2023

Employers willing to pay ‘premium’ for AI-skilled workers: AWS study

Nearly three out of four employers (75%) who view the hiring of talent with AI skills as a priority reported having difficulty finding qualified candidates.

By Alexei Alexis • Nov. 28, 2023

Pagaya CFO exits, deputy steps up

Michael Kurlander, who brought decades of Wall Street experience to Pagaya, is leaving the technology firm after just over two years in the CFO seat. 

By Maura Webber Sadovi • Nov. 27, 2023

AI developers, led by OpenAI, raise over $50B

ChatGPT maker OpenAI currently leads the pack with $11.3 billion in funding, as the tech sector’s rising star also faces a host of challenges.

By Alexei Alexis • Nov. 27, 2023

Creating a ‘poachable’ talent culture: TAB Bank CFO

Making one’s own employees competitive to other organizations can help to foster a strong, loyal talent base, TAB Bank CFO Boyd Hunter says.

By Grace Noto • Nov. 27, 2023

OpenAI chaos shows need for multiple-vendor approach: Zoom CFO

Zoom is one of many companies betting heavily on the future of artificial intelligence following the rapid rise OpenAI’s ChatGPT service.

By Alexei Alexis • Nov. 22, 2023

Cover Genius looks to deepen FP&A team

A robust FP&A team is critical for businesses to be able to properly plan for the future, Cover Genius CFO David Rudow said.  

By Grace Noto • Nov. 22, 2023