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CFOs-turned-CEOs have ‘worse outcome’

CFOs turned CEOs must “let go” of finance so they can become stronger in other areas like investments and innovation, experts say. 

By Elizabeth Flood • Aug. 18, 2022

Former Trump CFO pleads guilty in tax scheme

At the core of the charges that Trump Organization executive Allen Weisselberg pleaded guilty to Thursday is a scheme to evade income taxes by hiding compensation.

By Maura Webber Sadovi • Aug. 18, 2022

Explore the Trendline➔

Top 5 stories from CFO Dive

To stay competitive many CFOs are focused on balancing AI’s risks and opportunities while also adjusting to fast-changing tariff policies and labor markets.

By CFO Dive staff

ADT shuffles CFO to CTO

Security company ADT is shuffling its executive suite, with former CFO Jeff Likosar becoming its chief transformation officer while Ken Porpora takes on the company’s top financial seat.

By Grace Noto • Aug. 17, 2022

Western Union CFO departs for Arrow

The 171-year-old company is the latest payments firm to announce a CFO change as the sector faces macroeconomic headwinds.

By Elizabeth Flood • Aug. 17, 2022

Walmart CFO aims for market share as shoppers trade down

The retail giant’s pricing strategy — geared to budget-conscious consumers — includes plans for an under-$50 Thanksgiving meal for four.

By Maura Webber Sadovi • Aug. 16, 2022

CFOs undervalue their own ESG efforts: report

Well over half (78%) of CFOs rated themselves ineffective at addressing ESG initiatives despite earning top grades from their peers.

By Elizabeth Flood • Aug. 16, 2022

CFOs flag staffing, digital transformation as top growth challenges

CFOs pointed to staffing and hiring challenges as well as digital transformation as the top barriers to fostering growth at their companies, a study finds.

By Grace Noto • Aug. 15, 2022

Akumin terminates CFO per transformation plan

With the hiring of a global business transformation specialist as Akumin’s interim CFO, William Larkin is fired from the top financial seat. 

By Elizabeth Flood • Aug. 15, 2022

Starbucks, Walmart alum moves to JCPenney CFO seat

Ahold Delhaize and Starbucks alum Stephanie Plaines will take on the CFO role for retailer JCPenney effective immediately, the company announced Aug. 11.  

By Grace Noto • Aug. 12, 2022

Coalition, Inc. names first ever CFO

Jim Young plans to take the company to bigger heights and tap into the massive cybersecurity market.

By Elizabeth Flood • Aug. 12, 2022

How to adopt dynamic pricing on B2B marketplaces

By 2028, it’s estimated that the global B2B e-commerce market size will reach $25.65 trillion. Dynamic pricing is one of its challenges.

By Ryan Lee • Aug. 12, 2022

Average US CFO pay jumps 16%, outpacing inflation

The gap between U.S. and European CFO pay persists with U.S. executives making more than double their French counterparts, a Spendesk survey found.  

By Maura Webber Sadovi • Aug. 11, 2022

Sonos CFO departs for Taser-maker Axon

CFO Brittany Bagley exits Sonos following disappointing fiscal third quarter revenue results, with the speaker company partially blaming inflation for a lackluster quarter.

By Elizabeth Flood • Aug. 11, 2022

Société Générale exec pivots to eFuels CFO

Société Générale Managing Director Roberto Simon took on the CFO seat for eFuels company HIF Global as the company consolidates plans to help “decarbonize” 5 million cars.

By Grace Noto • Aug. 11, 2022

Venture lenders offer CFOs a pricey lifeline

Venture debt remains an option for companies that have seen a number of financing paths narrow amid global economic turmoil.

By Maura Webber Sadovi • Aug. 10, 2022

Bankrupt Revlon to pay $165,000 monthly for interim CFO

Alvarez & Marsal Managing Director Matt Kvarda will step in as interim CFO for beauty brand Revlon as it goes through corporate restructuring, with the consulting firm reaping a $165,000 monthly fee.

By Grace Noto • Aug. 10, 2022

Brink’s taps Eaton, PwC veteran as CFO

The Brink's Company, know for its iconic trucks that transport cash, has tapped a new CFO as its long-time finance chief prepares to retire. 

By Elizabeth Flood • Aug. 10, 2022

IFF CFO sees ‘meaningful’ cost increases next year

International Flavors & Fragrances CFO said the ingredient maker is rethinking contracts as part of its effort to combat inflation. 

By Maura Webber Sadovi • Aug. 9, 2022

AMC Networks promotes CFO to CEO, names new finance chief

Patrick O’Connell is joining AMC as CFO while the current finance chief moves up the ladder.

By Elizabeth Flood • Aug. 9, 2022

Tanger REIT continues CFO hunt, highlights ESG

Two months after announcing the abrupt departure of James Williams, Tanger REIT is continuing its CFO search. 

By Grace Noto • Aug. 9, 2022

Crypto miner Mawson’s CFO resigns

Finance chief Hetal Majithia is exiting the company roughly one year after taking the CFO seat.

By Elizabeth Flood • Aug. 8, 2022

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 Grace Noto • Aug. 5, 2022

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 Elizabeth Flood • Aug. 5, 2022

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

Remittance company MoneyGram appoints new CFO

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

By Elizabeth Flood • Aug. 4, 2022