CVS CFO: Company will shutter 75 stores next year

Where rivals are shuttering locations by the hundreds, CVS is trimming underperforming ones as it expands its Health Hub healthcare concept.

By Daphne Howland • Nov. 6, 2019

What do you look for in a CFO?

Tom Kolder, president of recruiting firm Crist|Kolder Associates, told CFO Dive his clients value CFOs with "really strong operational DNA."

By Jane Thier • Nov. 5, 2019

Explore the Trendline➔

CFO best practices in the evolving generative AI era

As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.

By CFO Dive staff

Japan-based Nissan appoints American CFO

Stephen Ma is one of several executives tapped to join Nissan's C-suite following a tumultuous year for the Japanese automaker.

By Jane Thier • Nov. 1, 2019

CFOs best positioned to move into CEO role, CEO says

By adapting to the continually shifting and growing demands of highly digitized finance departments, CFOs have gathered necessary skills to become CEOs with distinction. 

By Jane Thier • Oct. 31, 2019

Hand menial tasks to bots to reach ROI in 2 years, Infosys exec says

By freeing up your staff to work on higher-level strategic initiatives, you reduce the cost measurably within the office of the CFO, Infosys Consulting Senior Partner Alex Collevecchio tells CFO Dive.  

By Jane Thier • Oct. 29, 2019

Consumer products giant Henkel promotes CFO to CEO, prompting criticism

Some analysts see Carsten Knobel, a 25-year veteran of the company, as lacking the external perspective an outside hire would bring. 

By Jane Thier • Oct. 28, 2019

CarMax treasurer promoted to CFO

By promoting treasurer Enrique Mayor-Mora from within the company, the nation's largest used car retailer is pushing against a larger trend.

By Jane Thier • Oct. 27, 2019

United Technologies hires acting CFO, pre-merger

UTC is following a growing trend of hiring new executives on an interim basis in what is likely a de facto training program. 

By Jane Thier • Oct. 23, 2019

Accenture finance leader considers 'finance, reimagined'

Over his nearly fifteen years at the helm of Accenture Operations, Manoj Shroff has amassed a wide breadth of knowledge about finance and leadership. 

By Jane Thier • Oct. 22, 2019

Ahold Delhaize names new CFO

Natalie Knight will become executive vice president of finance in March, one month before her expected appointment to CFO at the company's annual shareholders meeting.

By Krishna Thakker • Oct. 22, 2019

Sinclair Broadcast Group CFO sacrificed higher pay for experience

Lucy Rutishauser created her first job at the company by convincing executives she could fill a role they didn't know they needed.

By Robert Freedman • Oct. 21, 2019

Companies with female CEOs, CFOs are more profitable, focus more on diversity

The research also revealed companies with greater gender diversity on their boards are larger and more profitable. 

By Valerie Bolden-Barrett , Kate Tornone • Oct. 17, 2019

Opendoor promotes COO to joint CFO-chief business officer

Gautam Gupta, the former Uber finance executive, has been at Opendoor for two years, and is one of several employees to join the executive board, the company announced Monday. 

By Jane Thier • Oct. 14, 2019

Move to subscription-based licensing a risk worth taking, CFO says

Software company 1E wrestled with poor revenue visibility and end-of-year volatility under its old perpetual licensing model.

By Robert Freedman • Oct. 11, 2019

Red Hat CFO is out 3 months after IBM acquisition

If Eric Shander had stayed on as Red Hat's CFO for another nine months, he would have been entitled to a multimillion-dollar bonus. Red Hat's statement to the Wall Street Journal indicated a violation of workplace standards as reason for dismissal. 

By Jane Thier • Oct. 11, 2019

Kohl's CFO to retire after 2 years

Jill Timm, executive vice president of finance for the retailer, will take over from Bruce Besanko on Nov. 1.

By Daphne Howland • Oct. 11, 2019

Target taps its bench to fill CFO, chief merchant roles

Two senior execs overseeing critical categories for the retailer are filling the void left by Mark Tritton, while a Target vet is set to succeed CFO Cathy Smith.

By Ben Unglesbee • Oct. 10, 2019

US Steel CFO steps down amid cost cutting, restructuring

News of the departure came one week after the company's announcement of a 49.9% acquisition of Big River Steel.

By Jane Thier • Oct. 10, 2019

Retailer Esprit names Europe-based CFO

The announcement comes just a year after a new CEO was appointed as the company looks to revamp its fast fashion focus.

By Jane Thier • Oct. 9, 2019

CFOs have to earn their seat at the strategy table, BSI exec says

Sarah Murphy brought in executives to fill gaps in the finance function and help reinvigorate a dormant Americas operation.

By Robert Freedman • Oct. 8, 2019

Shake Shack CFO adds job title of president to role

Tara Comonte, who has served as CFO since 2017, will be one of the few CFO-presidents in the c-suite.

By Jane Thier • Oct. 2, 2019

CFO's operational background helped make IFS finance function more customer-centric

Constance Minc assesses KPIs, customer and employee satisfaction to ascertain what customers want and how close her company is to providing it.

By Robert Freedman • Oct. 1, 2019

New Kespry CFO-COO highlights value of a strategy background

Langley Eide discussed with CFO Dive how working in capital markets at Morgan Stanley and as chief of strategy at Alteryx prepared her for her dual position. 

By Jane Thier • Sept. 29, 2019

Debra Mason has served as CFO of 10 companies. Here's what she's learned.

As Mason prepares to move to her 11th CFO role, at SourceMedia, she tells CFO Dive how the landscape has changed.

By Jane Thier • Sept. 26, 2019

Elevation to interim CEO puts CFO in spotlight as eBay tries to right itself

Scott Schenkel has a firm grasp of the company's financial health, but it's unclear whether the board thinks he can retool the once-prominent online marketplace, analysts say.

By Robert Freedman • Sept. 26, 2019