Big Ten schools produce more CFOs, fewer CEOs than Ivies

The University of Virginia, Pennsylvania State University and University of Texas at Austin top the list of public schools that have produced sitting CFOs.

By Maura Webber Sadovi • Sept. 22, 2023

Ex-CFO sentenced for tax evasion, hiding offshore accounts

The former CFO of a Russian natural gas company was also ordered to pay a $350,000 fine and more than $4 million in restitution to the U.S.

By Alexei Alexis • Sept. 22, 2023

Explore the Trendline➔

Workforce wages: solving the cost-talent puzzle

In today’s strong labor market, CFOs leery of raising wages too much find creative ways to find and retain key employees.

By CFO Dive staff

Average insider cyberthreat cost spikes 40% in 4 years

The outsmarting of insiders is a “go-to tactic” for many cyberattackers looking to steal credentials and gain access to critical data, according to research from the Ponemon Institute.

By Alexei Alexis • Sept. 21, 2023

UAW strike: How auto supply chain managers can mitigate disruption

Industry experts said to focus on supplier health, visibility and relationships to navigate any risks spurred by the union’s work stoppage.

By Kelly Stroh • Sept. 20, 2023

Disney Entertainment CFO heads to Warner Music

Bryan Castellani’s exit from Disney follows significant turmoil at the company, including a massive layoff and senior leadership changes.

By Alexei Alexis • Sept. 20, 2023

Forget FOBO: use AI or lose your FP&A job

Financial, planning and analytics professionals need to adapt to AI — or risk being replaced by someone else who does embrace it, FP&Hey Co-founder Drew Murphy writes. 

By Drew Murphy • Sept. 19, 2023

Flawed data ranked as top AI risk: Workday

While AI error risks can be reduced, many firms are unprepared as they “wrangle huge volumes of information across patchwork systems, static spreadsheets, and fragmented processes,” Workday says.

By Alexei Alexis • Sept. 19, 2023

BP promotes Thomson to interim CFO amid C-suite restacking

The London-based oil company is moving to fill a leadership vacuum stemming from the abrupt resignation of CEO Bernard Looney last week. 

By Maura Webber Sadovi • Sept. 19, 2023

22 Republican AGs accuse net-zero alliance of antitrust violations

The letter, led by Tennessee Attorney General Jonathan Skrmetti, alleges the Net Zero Financial Services Providers Alliance’s market influence could “deprive disfavored companies of economic opportunities.”

By Lamar Johnson • Sept. 19, 2023

Brex adds more AI to CFOs’ expense management arsenal

Brex is one of many software vendors that are racing to bet on AI following the swift rise of ChatGPT, created by Microsoft-backed OpenAI.

By Alexei Alexis • Sept. 19, 2023

Lockheed Martin CFO details persistent inflation

The North Bethesda, Maryland-based aerospace company’s finance chief expects to see inflationary impacts persist through next year.

By Chris Gaetano • Sept. 18, 2023

Land’s End interim takes permanent CFO seat

Bernard McCracken is the latest chief accounting officer to be promoted to a public company’s top finance role. 

By Maura Webber Sadovi • Sept. 15, 2023

Netflix CFO sees fallout from Hollywood strikes

The strikes are “not good for the business,” Netflix CFO Spencer Neumann said in a frank assessment of the situation’s financial impact.

By Alexei Alexis • Sept. 14, 2023

Cloud strategy misalignment leads some workloads back on-prem

As migrations progress, organizations are still struggling to bring IT investments in line with business goals.

By Matt Ashare • Sept. 14, 2023

ESG ratings fluctuate for asset managers: Morningstar

Three U.S.-based firms saw their grades move up, while UBS Asset Management slipped following its merger with Credit Suisse.

By Zoya Mirza • Sept. 14, 2023

For successful CFO hires, focus on executive style: Kingsley Gate

Really digging into an executive's leadership style can help companies seeking CFOs to create a lasting fit, Kingsley Gate’s Ed Montoya says.

By Grace Noto • Sept. 13, 2023

BP CFO steps into breach after CEO resigns

A CEO scandal has opened the door for CFO Murray Auchincloss to take over the company on an interim — and possibly permanent — basis.

By Alexei Alexis • Sept. 13, 2023

Orthofix ousts CEO, CFO, CLO, citing ‘offensive conduct’

The medical device company’s shares fell 30% Tuesday after it named interim successors to fill the fired executives’ roles.

By Maura Webber Sadovi • Sept. 12, 2023

Why AP automation is a smart investment for CFOs

When it comes to managing thousands of invoices, artificial intelligence and automation can run a much tighter ship than humans, asserts Medius executive Branden Jenkins.

By Branden Jenkins • Sept. 12, 2023

Bird Global appoints new CFO in latest C-suite shakeup

The cash-strapped e-scooter company is tapping Joseph Prodan to take its top financial seat as it faces the threat of potential bankruptcy.

By Grace Noto • Sept. 11, 2023

Women executives may reach leadership parity by 2030: S&P

Despite recent advances, women worldwide are unlikely to attain gender parity throughout the labor force for several decades, according to recent research.

By Jim Tyson • Sept. 8, 2023

Shutterfly CFO steps down, ex-Philips exec to take over

Jan Paul Teuwen will take the finance reins at the San Jose, California-based digital imaging company, with a focus on driving “lasting growth.”

By Alexei Alexis • Sept. 7, 2023

United Airlines CFO downplays potential Denver HQ move

Losing United would be another blow to Chicago’s economy and commercial real estate market, which saw Boeing and Citadel pull up stakes last year.

By Grace Noto • Sept. 7, 2023

Nordstrom vet tapped for Honest CFO seat

The finance leadership change comes as the consumer products company struggles with growth and profitability.

By Alexei Alexis • Sept. 6, 2023

SaaS moves to usage-based pricing as enterprises optimize tech spend

Software providers shift to pay-as-you-go billing to bolster revenue growth and give customers more flexibility. 

By Matt Ashare • Sept. 6, 2023