Leadership


  • Ally Financial, NYSE facade
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    Courtesy of Ally Financial

    Ally Financial taps Goldman vet for CFO seat

    Ally’s current finance chief, who has been serving on an interim basis since October, will return to his full-time role as corporate treasurer once the newly-appointed CFO arrives in July, the company said.

    By March 24, 2023
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    MicroStockHub via Getty Images

    CFOs key to shaping digitization efforts: study

    With technology teams overloaded, the discerning CFO’s hand is crucial to shaping company digitization efforts.

    By March 24, 2023
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    Sankai via Getty Images
    Trendline

    CFOs step up as companies look for strategic guidance

    The value finance leaders bring to operations is varied but they share a forward-looking vision.   

    By CFO Dive staff
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    fizkes via Getty Images

    Hindsight 2020: An unlikely road to Snowflake’s CFO seat

    From a travel excursion to Italy to uncovering massive fraud, Mike Scarpelli had his fair share of challenges on his way to the CFO seat.

    By March 23, 2023
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    Urupong via Getty Images

    Diversity of thought sharpens finance strategies, TS Imagine CFO says

    Women need to be the ‘yardstick for excellence’ and advocate for themselves as they look to take leadership positions, TS Imagine CFO Kate Peachway says.

    By March 23, 2023
  • Papers about ESG Environmental, Social and Corporate Governance and notepad.
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    designer491 via Getty Images

    ESG poised to gain traction as CFO priority: Gartner

    Many organizations are shifting away from a purely “risk management” approach to ESG and are viewing it as a way to attract customers, investors and talent — a trend that will only increase in coming years, according to Gartner.

    By March 23, 2023
  • A row of oversized NFL helmets.
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    Duane Prokop/Getty Images via Getty Images

    NFL poaches NBC Sports CFO

    Christine Dorfler is departing from her 20-year tenure at NBCUniversal to fill the CFO shoes of an NFL C-suite veteran.

    By March 22, 2023
  • Federal Reserve Chair Jerome Powell.
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    Scott Olson via Getty Images

    Fed hikes main rate by quarter-point, notes ‘resilient’ banking system

    The central bank tightened borrowing costs despite banking instability as inflation persists well above its 2% target.

    By March 22, 2023
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    Joe Raedle / Staff via Getty Images

    Papa Johns CFO resigns

    Ann Gugino, who has been at the pizza chain since 2020, is leaving effective May 31. Papa Johns has begun a search for a permanent CFO. 

    By Julie Littman • March 22, 2023
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    shih-wei via Getty Images

    Accountants head overseas for talent

    The lure of sexier jobs in the tech sector has cut into the number of U.S. students pursuing accounting careers. Looking abroad for talent may be the next best move.

    By March 21, 2023
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    iStock / Getty Images Plus via Getty Images

    Lessons from SEC’s $3M Blackbaud cyber penalty

    The Charleston, South Carolina-based software provider’s recent data breach settlement with the SEC serves as a cautionary tale for C-suite leaders.

    By March 21, 2023
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    Charnchai via Getty Images

    Accountant shortages likely to yield more audit failures

    The shortage of workers with the core accounting skills needed to staff audits is making audit failures more likely, Hofstra University’s Jack Castonguay says. 

    By March 20, 2023
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    Avosb via Getty Images

    Defunct Katerra sues former CFO for bonus

    The failed Softbank-backed startup is alleging its former CFO is obligated to pay back his signing and relocation bonuses amid intensifying scrutiny of executive compensation.

    By March 20, 2023
  • Several passengers in silhouette walk through a concourse at Ronald Reagan National Airport.
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    Drew Angerer via Getty Images

    Travel + Leisure CFO talks uptick in travel, bleisure

    Despite headwinds on travel from the pandemic, CFO Mike Hug has continued to capitalize on new opportunities within the industry.

    By March 20, 2023
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    Vaidik Trivedi

    With tech’s favorite banks in turmoil, some are choosing loyalty

    After several high-profile bank failures and near-failures, some fintechs don’t see jumping ship as an option.

    By Gabrielle Saulsbery • March 20, 2023
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    Courtesy of Mattel

    Mattel CFO sees movie tie-in boosting Barbie sales

    The iconic El Segundo, California-based toymaker had a tough 2022 but CFO Anthony DiSilvestro expects the outlook to improve and says parents will always prioritize spending on their children.

    By Chris Gaetano • March 17, 2023
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    PeopleImages via Getty Images

    How ERP modernizations fare amid cost cutting

    Some companies are pausing or delaying ERP implementations. But projects moving ahead face sharper scrutiny than before.

    By Jen A. Miller • March 17, 2023
  • People line up outside of Silicon Valley Bank.
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    Justin Sullivan via Getty Images

    SVB CFO may be swept up in stock dumping scrutiny

    Three SVB Financial senior officers, including the finance chief, sold company shares worth a combined total of about $4.5 million as of Jan. 1, according to insider trading research firm Smart Insider.   

    By March 16, 2023
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    Delmaine Donson via Getty Images

    Does SVB failure expose CFO job creep’s weaknesses?

    The bank's chief risk officer seat was left vacant for much of 2022, raising questions about how such responsibilities are distributed and to whom in the modern C-suite.

    By March 16, 2023
  • A crowd of people stands outside Silicon Valley Bank headquarters.
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    Justin Sullivan via Getty Images

    Nearly one-third of CFOs to diversify deposits across banks: study

    CFOs are looking to take immediate action to assess the risk and exposure to their businesses following recent bank failures.

    By March 16, 2023
  • An internal shot of Burberry's shop-in-shop inside of Saks in New York City.
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    Courtesy of Courtesy of Luis Guillén for Saks

    Burberry poaches CFO from McLaren

    The British luxury fashion house announced another change in its C-suite after naming a new CEO just last year.

    By March 15, 2023
  • Former CFO sentenced in $1.9M embezzlement scheme

    The California man used his position as an auto dealership CFO to issue himself unauthorized checks, as well as pay for personal expenses with company credit cards, prosecutors said.

    By March 14, 2023
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    Alex Wong via Getty Images

    SVB failure could cloud CFOs’ sunnier outlook

    CFOs are cautiously optimistic for 2023, according to Deloitte’s latest CFO signals survey, but the swift downfall of SVB could test that.

    By March 14, 2023
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    fizkes via Getty Images

    After SVB, cash is once again king, ex-CFO says

    With steady CFO leadership now paramount, finance leaders should prioritize cash and keep open their lines of communication with shareholders and employees.

    By March 14, 2023
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    ultramarine5 via Getty Images

    Signature Bank CFO among those named in investor lawsuit

    A proposed class-action complaint claims the bank and its leaders misled investors about Signature Bank’s financial standing.

    By Lyle Moran • March 14, 2023
  • A customer stands outside of Silicon Valley Bank
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    Justin Sullivan/Getty Images via Getty Images

    Silicon Valley Bank investors sue collapsed firm’s CEO, CFO

    The proposed class action alleges the failed bank, CEO Greg Becker and CFO Daniel Beck concealed from investors the impact that high interest rates would have on the tech-focused firm’s business. 

    By Anna Hrushka • March 14, 2023