Leadership
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Business failure helped Chime CFO build resilience
Having a business that didn’t succeed past its venture stage gave Matt Newcomb a big-picture view that informs his strategic mindset at the fast-growing fintech.
By Robert Freedman • Sept. 15, 2021 -
Justin Sullivan via Getty Images
DailyPay CFO on the burgeoning trend of on-demand pay
Allowing employees to withdraw money between pay periods increases their job satisfaction, which leads to higher company growth and valuation, Scot Parnell says.
By Jane Thier • Sept. 14, 2021 -
Explore the Trendline➔
Retrieved from Christina Morillo from Pexels.
TrendlineLeadership during economic crisis
CFOs are taking very different approaches to survive and even thrive during the pandemic but they all share one characteristic in common: a purposeful exercise of leadership.
By CFO Dive staff -
Courtesy of Workiva
Workiva CFO on making choices to drive top-line growth
Making the investments that lead to long-term success requires trade-offs that Jill Klindt didn't fully appreciate during her years in accounting-focused roles.
By Robert Freedman • Sept. 10, 2021 -
Drew Angerer via Getty Images
Bank of America names new CFO, adds 3 women to senior management
The bank's chief administrative officer and general counsel are also retiring. The shuffle of more than a dozen leaders comes two weeks after two longtime Bank of America executives said they were retiring at year's end.
By Dan Ennis • Sept. 10, 2021 -
Joe Raedle via Getty Images
JetBlue makes acting CFO permanent
Ursula Hurley, a 17-year company veteran, has been leading finance on an interim basis since June, when Steve Priest left to become CFO of eBay.
By Jane Thier • Sept. 08, 2021 -
Courtesy of Stack Overflow
After $1.8B acquisition, Stack Overflow names new CFO
Veteran tech CFO Matt Gallatin joined the online community for software developers two weeks after European tech giant Prosus acquired it.
By Jane Thier • Sept. 07, 2021 -
Permission granted by TIAA; photo by NAZpicture
TIAA hires Prudential exec as CFO
Part of a wider C-suite shakeup, the retirement services and investment firm managing $1.3 trillion in assets announced Dave Dowrich’s hire on Wednesday.
By Jane Thier • Sept. 02, 2021 -
Drew Angerer via Getty Images
Following failed merger, Willis Towers Watson hires new CFO
After a federal lawsuit resulted in the insurance broker's failed merger with rival Aon, the global advisory firm has rehired Andrew Krasner, a company veteran, away from his CFO role at AssuredPartners.
By Jane Thier • Sept. 01, 2021 -
Permission granted by Sprouts Farmers Market
Sprouts' CFO departs
Board member Chip Molloy will take over the role once again as Denise Paulonis leaves to become CEO of hair care supply chain Sally Beauty Holdings.
By Jeff Wells • Sept. 01, 2021 -
Courtesy of Zoom
Following quarter of slow growth, Zoom CFO discusses potential headwinds
Despite reporting its first billion-dollar quarter on Monday, Kelly Steckelberg says the video conferencing company's small-business consumers' return to in-person work is creating headwinds in its mass market.
By Jane Thier • Aug. 31, 2021 -
Non-finance roles called key to FLEETCOR CFO's rise
Charles Freund’s formal introduction to finance came when he stepped in as finance chief after 20 years in operational and strategic functions.
By Robert Freedman • Aug. 31, 2021 -
Courtesy of website
Peloton CFO discusses price cuts, relaunching treadmill following recall
The fitness company is grappling with an SEC investigation, several lawsuits and a Department of Homeland Security subpoena related to its treadmill recall last quarter.
By Jane Thier • Aug. 30, 2021 -
Joe Raedle via Getty Images
Manufacturing CFO sentenced to 2 years for wire fraud
During six years as CFO of Chemstar Products, Gregg Johnson stole approximately $930,000 in company funds by issuing checks from the company’s bank accounts to cover personal expenses, including credit card and mortgage payments and his children’s college tuition.
By Jane Thier • Aug. 27, 2021 -
Releasing early pandemic guidance was a market decision, Johnson & Johnson CFO says
Joseph Wolk and the CEO considered the broader economic ramifications of punting on issuing a forecast.
By Robert Freedman • Aug. 26, 2021 -
Shutterstock / insta_photos
Sponsored by PersonivMeet Gen Z: How to lead the newest generation of accountants
Are you ready for Gen Z? Find out how to attract, engage and retain the industry's next generation of accountants.
By Megan Weis, VP & General Manager FAO Services, Personiv • Aug. 23, 2021 -
Daphne Howland/CFO Dive
Amid continued growth, Petco promotes VP of finance to CFO
The retailer has sustained its rate of growth achieved in 2020, reporting that comp sales rose for the 11th consecutive quarter.
By Caroline Jansen , Jane Thier • Aug. 19, 2021 -
Courtesy of A24
NBA CFO moves to A24, signaling possible sale
J. B. Lockhart's hire comes after the Oscar-winning film studio was rumored to be up for sale for as much as $3 billion.
By Jane Thier • Aug. 18, 2021 -
Courtesy of Target
Target posts 9% traffic-driven comp sales, CFO says
"This year's performance has been growth on top of growth," CFO Michael Fiddelke says. "Typically, in retail, if you saw a large, mature company like ours growing at [this] rate, you'd assume we were comping over soft numbers from the prior year."
By Maria Monteros • Aug. 18, 2021 -
Jack Taylor / Stringer via Getty Images
Following abrupt CEO departure, Binance.US CFO steps up
Joshua Sroge, CFO since January 2020, is one of the four-year-old firm’s longest-tenured employees. Binance.US is owned by Binance, the world’s largest cryptocurrency exchange in terms of daily trading volume.
By Jane Thier • Aug. 17, 2021 -
Retrieved from Paul Sableman on March 12, 2021
Centene's Medicare CFO promoted to CEO
Rich Fisher's promotion comes weeks after Centene Corp. reported a $535 million quarterly loss but a 25% growth in its Medicare business.
By Jane Thier • Aug. 16, 2021 -
Adeline Kon/CFO Dive
Deep DiveWhy CFOs speak to the press (and whether they should)
Finance chiefs' credibility, diligence and deep knowledge of the numbers make them ideal candidates for press interviews and company spokespeople, PR specialists say.
By Jane Thier • Aug. 13, 2021 -
Courtesy of Acorns
Twitter FP&A head moves to Acorns pre-IPO
Rich Sullivan has stepped in as CFO of the robo-advisor after over two decades of public company experience, including at DreamWorks Animation, STX Entertainment and AT&T.
By Jane Thier • Aug. 11, 2021 -
Mario Tama via Getty Images
Ares CFO-COO fired for inappropriate conduct
The same day Michael McFerran was removed for “inappropriate personal relationships” with employees, the capital markets firm promoted its chief accounting officer, Jarrod Phillips, to CFO.
By Jane Thier • Aug. 10, 2021 -
Ethan Miller via Getty Images
Albertsons taps former Best Buy exec as CFO
Sharon McCollam is coming out of retirement to assume the role, which will put her in charge of areas including corporate strategy, supply chain operations and information technology in addition to finance.
By Sam Silverstein , Catherine Douglas Moran • Aug. 10, 2021 -
Getty Images
CFO credits operational mindset for finance success
Finance executives should embrace the operational side of business in as many industries as possible to achieve a CFO mindset, says former Mattel CFO Joe Euteneuer.
By Robert Freedman • Aug. 09, 2021
