Leadership

Lululemon names new CFO

Meghan Frank has served as co-CFO in the interim since April, and her appointment comes shortly after several exec moves in October.

By Cara Salpini • Nov. 20, 2020

How can CFOs become the deputy CEO?

Panelists at the MIT Sloan CFO Virtual Summit Thursday shared tactics and strategies for assuming the right-hand person role for their respective CEOs.

By Jane Thier • Nov. 19, 2020

Explore the Trendline➔

Trendline

Leadership 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

Keep board meetings focused on strategy, avoid riffs, specialists say

Panelists at the MIT Sloan CFO virtual summit this week recommend getting financial information to members early to make board meetings more productive.

By Robert Freedman • Nov. 19, 2020

CFOs prioritize future-readiness; are wary of investing, survey finds

More than 5% of CFOs say their 2020 revenues are expected to be at least 3% lower than in 2019, Everest Group and WNS Global Services' Global CFO Survey found.

By Jane Thier • Nov. 19, 2020

How CFOs adjust storytelling to audiences' 'altitude'

Finance leaders need to know number details, but also how to tell the company’s high-level story, Avalara CFO Ross Tennenbaum said.

By Robert Freedman • Nov. 18, 2020

Sysco taps Target, Hillshire Brands alum as CFO

Aaron Alt has spent more than two decades leading large corporations' finance and operations, an experience Sysco will rely on it as it heads into a season of tightened restrictions.

By Jane Thier • Nov. 17, 2020

Cisco taps veteran SaaS CFO as new finance chief

In an effort to bolster its SaaS offerings, including its WebEx video-calling service, the company tapped Citrix and Autodesk alum R. Scott Herren to lead finance. 

By Jane Thier • Nov. 16, 2020

Credit action helped payments company FLEETCOR withstand COVID-19

The company reined in the amount companies could float, limiting its exposure amid the uncertainty.

By Robert Freedman • Nov. 15, 2020

Data analytics, RPA top list of 2021 digital priorities, survey finds

In Gartner's most recent survey, all five of CFO's top priorities heading into 2021 are concerned with getting tech right.

By Jane Thier • Nov. 15, 2020

Lufthansa taps chocolate manufacturer CFO as its third finance chief of 2020

Remo Steenbergen will take over the German airline's finances from CEO Carsten Spohr, who had been serving as interim finance chief since June.

By Jane Thier • Nov. 12, 2020

Fifth Third CFO leaves for BMO, prompting C-suite shuffle

Tayfun Tuzun is the second C-suite exec to leave the Cincinnati-based bank in the past two weeks. Executive Vice President Philip McHugh left Oct. 26, and is subsequently suing the bank for age discrimination.

By Jane Thier • Nov. 11, 2020

Should CFOs stay in touch with recruiters after getting the job?

Even for CFOs with no intention of switching jobs, maintaining a long-term relationship with a recruiter could be crucial to their trajectory, executive recruiter Toya Lawson says.

By Jane Thier • Nov. 10, 2020

American Express finance chief moves to fintech Broadridge

Edmund Reese, who has led finance at American Express, Merrilll Lynch and Smith Barney, starts at the fintech on November 30.

By Jane Thier • Nov. 09, 2020

Column

CFO KPI Close-up: Lessons learned so far

With the help of a dozen finance leaders, CFO Dive has examined churn, cash flow, talent retention, ROIC and customer retention. What KPIs still need further attention? 

By Jane Thier • Nov. 09, 2020

Blue Cross Blue Shield Association CFO: Board seats give wide view, require perspective

Don’t lose sight of which hat you’re wearing when you’re part of other companies’ leadership, finance chief Bob Kolodgy says.

By Robert Freedman • Nov. 09, 2020

Deep Dive

3 must-have CFO skills: Operating finance, strategy and communications

Corporate finance experience is declining, while investment banking is rising, as a path to the CFO seat, CFO Dive data shows. Public accounting remains the gold standard.

By Robert Freedman • Nov. 08, 2020

ID verification company Trulioo taps former Deloitte auditor as CFO

Ramsden joins as the company experiences a substantial spike in business. The pandemic has caused the rise of virtual transactions, opening the door to more opportunities for fraud. 

By Jane Thier • Nov. 07, 2020

Equinox finance VP steps in as Noodles & Co. CFO

Carl Lukach arrives as the chain continues its rebound efforts after an early-pandemic struggle to maintain business. In the spring, Noodles saw same-store sales drop by double digits. 

By Jane Thier • Nov. 03, 2020

Column

CFO KPI Close-up: Customer retention

Retaining customers begins with not giving them an excuse to leave, especially during times of economic uncertainty, three customer retention experts say. 

By Jane Thier • Nov. 02, 2020

Delta CFO to step in at GM

Paul Jacobson, 48, walked back initial plans to retire in April, opting to stay with Delta as it weathers the pandemic. He moves to the automaker on December 1.

By Jane Thier • Nov. 02, 2020

Finance leadership means owning blame, CFO says

Hire people smarter than you, give them credit and take responsibility when things go wrong, because you only succeed when they do, Bluecore CFO Michelle McComb says. 

By Robert Freedman • Nov. 01, 2020

Tapestry CFO to become CEO

Joanne Crevoiserat, hired last year as CFO of the parent company of Coach, Kate Spade and Stuart Weitzman, has been interim CEO since Jide Zeitlin's abrupt July departure.

By Daphne Howland • Oct. 28, 2020

Survey: CFOs asked to lead digital resource allocation, staffing

Companies increasingly look towards finance leaders for guidance on allocating both digital resources and staff as companies prolong remote work, new research from Protiviti finds.

By Jane Thier • Oct. 27, 2020

Column

CFO KPI Close-up: Return on invested capital

"ROIC is a vastly superior way to measure long-term success than EBITDA," Jack McCullough of CFO Leadership Council says. So why don't more CFOs track it?

By Jane Thier • Oct. 27, 2020

Nasdaq promotes CAO to CFO

Ann Dennison will report to CEO Adena Friedman, making Nasdaq one of few large, public companies with both a female CEO and CFO. 

By Jane Thier • Oct. 22, 2020