Leadership


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    CFOs to boost IT, tech budgets in face of inflation: Gartner

    Forty percent of CFOs are planning to hike up IT spending in the next 12 months, with many seeking to tap automation to collect key financial insights.  

    By Aug. 5, 2022
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    Tapestry Inc. CFO to serve hybrid COO role

    Tapestry CFO Scott Roe will also take on the company’s COO role, the latest in a line of CFOs who are taking on additional responsibilities.

    By Aug. 5, 2022
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    Trendline

    Digital transformation, one smart step at a time

    By taking an incremental approach, CFOs can move their finance and accounting operations onto an automated, intelligent platform without letting disruption distract from their efforts to scale.

    By CFO Dive staff
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    Payments companies swap out CFOs

    Amid macroeconomic pressures, FIS, PayPal, MoneyGram and Shift4 all appointed new CFOs this week. The trend may also mean they’re paying more for them.

    By Caitlin Mullen • Aug. 5, 2022
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    Remittance company MoneyGram appoints new CFO

    Brian Johnson enters the role in the wake of a pending acquisition and litigation with the CFPB.

    By Aug. 4, 2022
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    Women hang back from CFO aspirations, trickle into finance

    The persisting CFO gender disparity could shrink in the coming years as more women head into the financial field.

    By Aug. 3, 2022
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    Presidio names former IQVIA, S&P exec as new CFO

    Manny Korakis is joining Presidio as it has benefited from a surge in demand for IT services during the pandemic.

    By Aug. 3, 2022
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    PayPal hands new CFO $6M cash hiring bonus

    The PayPal CFO's new-hire bonus comes as some companies are using more cash-rich compensation packages to land finance chiefs.

    By Aug. 3, 2022
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    Oppenheimer & Co. snaps up new CFO from KPMG

    KPMG veteran Brad Watkins is joining Oppenheimer & Co. as the investment firm’s performance faces pressure amid the slump in fixed-income and equity market valuations.

    By Aug. 2, 2022
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    CFOs should look to digitalize employee recognition programs

    Despite mounting signs of a recession, the labor market remains robust and CFOs should consider digitalizing employee recognition programs to retain talent. 

    By Aug. 1, 2022
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    Logistics CFO taps technology, focuses on cash flow amid supply chain woes

    Transport Corp Canada’s Group CFO Venu Katta has intensified his focus on cash flow management as supply chain issues continue to hamstring the trucking industry.

    By Ramona Dzinkowski • Aug. 1, 2022
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    Business taxes in Manchin deal draw fire from Chamber of Commerce

    Tax experts have warned CFOs to be on the lookout for a renewed push from President Biden’s administration for new or higher corporate taxes. 

    By July 29, 2022
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    Column

    Crypto ‘citizen’s arrests’ may continue until Congress wrangles ‘Wild West’

    The SEC, DOJ and Treasury are all patrolling the digital asset space. The CFTC is calling for unity. And lawmakers’ vision for a cohesive strategy just took a summer vacation.

    By Dan Ennis • July 29, 2022
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    Meta swaps CFOs, posts first-ever revenue decline

    Meta VP, Finance Susan Li will take on the CFO position as current CFO David Wehner becomes the company’s first chief strategy officer, an executive shuffle that comes as the company reports less-than-stellar Q2 earnings.

    By July 28, 2022
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    Crypto firm Celsius to tap former CFO to advise on bankruptcy proceedings

    Cryptocurrency firm Celsius filed a motion Monday to bring in former CFO Rod Bolger, who served in the position for five months, as an advisor as it continues through Chapter 11 bankruptcy proceedings.

    By July 27, 2022
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    Coca-Cola sees strong consumer demand despite rising prices

    Coca-Cola saw global unit case volume lift 8% despite rising prices due to ongoing inflation, causing the company to adjust full-year guidance. 

    By July 26, 2022
  • A car sits at a drive-thru at a McDonald's restaurant on a sunny day with a blue sky.
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    McDonald's CFO expects some moderating of food, paper inflation

    McDonald’s CFO Kevin Ozan’s expectation of a potential moderation in food and paper inflation is likely a welcome note of optimism for financial executives under pressure to offset soaring prices.

    By July 26, 2022
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    GM hit by supply chain issues, remains optimistic for vehicle demand, pricing

    Detroit automaker General Motors saw its net income drop 40% amid supply chain challenges, inflation and geopolitical conflict, but the company remains optimistic regarding vehicle demand and pricing.

    By July 26, 2022
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    Retired PwC vet appointed CFO of Sierra Madre

    Fresh from its recent acquisition of a high-grade mine in Mexico’s silver belt, Sierra Madre has appointed Kenneth Scott, formerly a partner at PwC, as its new CFO.  

    By July 26, 2022
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    Gartner: CFOs likely to reduce sustainability spend before talent development, tech

    Economic pressures could lead CFOs to cut down on investments in sustainability despite a growing executive focus on ESG, Gartner finds.

    By July 25, 2022
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    Police equipment-maker Wrap taps new CFO

    Wrap Technologies expects demand for non-lethal law enforcement tools to grow as communities seek more hands-off and compassionate policing practices in the wake of the murder of George Floyd.  

    By July 25, 2022
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    Companies can benefit from employee recognition programs: Gallup

    Training managers to publicly acknowledge employees for who they are and what they do could save a 10,000-employee company up to $16.1 million in turnover costs annually.

    By July 25, 2022
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    Coca-Cola CFO to take on additional role as president

    Coca-Cola CFO John Murphy will also serve as company president following retirement of current president Brian Smith.

    By July 22, 2022
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    Loop: Why CFOs must craft strong relationships to foster growth

    Building out strong internal relationships with key individuals is essential for CFOs as their roles continue to transform, said Valerie Bauer Gore, CFO of post-purchase software provider Loop Returns.

    By July 22, 2022
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    NBCUniversal Peacock CFO to transition to MariaDB

    Christine Napoli, a 25-year NBCUniversal veteran, will take on the financial helm at open source software firm MariaDB as the company gears up to go public via SPAC offering.

    By July 21, 2022
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    Netflix marches forward with paid sharing among changing subscription market

    The streaming service pinched off its subscriber bleed and is trialing several features to bolster revenue, including paid sharing and advertising features.  

    By July 20, 2022