Leadership: Page 17
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AI’s coming for finance jobs, CFOs expect: Datarails
Finance chiefs expect AI to shrink the number of roles in the finance function by 2026, Datarails found in a survey.
By Chris Gaetano • Nov. 19, 2024 -
Rivian CFO inks $3.5M trading plan as EV industry faces bumps
President-elect Trump will likely ax the EV tax credit, a proviso of the Inflation Reduction Act, upon taking office in January. Critics say the move will badly impact EV competition.
By Grace Noto • Nov. 18, 2024 -
Explore the Trendline➔
alexyz3d via Getty ImagesTrendlineNavigating risk in turbulent times
CFOs must help their organizations mitigate risks by balancing the need for both growth and stability.
By CFO Dive staff -
Disney CFO highlights booming streaming growth
Subscribers for its Disney+ Core platform grew by 4.4 million in Q4 as the company cracks down on password sharing and looks to improve customer engagement.
By Grace Noto • Nov. 15, 2024 -
Federal watchdog flags restrictive licensing practices in cloud
The U.S. Government Accountability Office uncovered vendor management processes across several federal agencies that led to cost overruns.
By Matt Ashare • Nov. 14, 2024 -
New X CFO received presidential pardon from Trump
The appointment is “consistent with Musk’s emphasis on loyalty,” a trait he sometimes values over “conventionally ‘safe’ hires,” Cowen Partners’ Shawn Cole said.
By Grace Noto • Nov. 14, 2024 -
Jack in the Box brings back ex-CFO for second stint
Lance Tucker will receive a $200,000 cash bonus upon taking Jack in the Box’s CFO seat for the second time.
By Grace Noto • Nov. 13, 2024 -
Wall Street year-end bonuses forecast to jump as much as 35%
For the first time since 2021, banks are gearing up to give bigger end-of-year bonuses to many employees, Johnson Associates says.
By Maura Webber Sadovi • Nov. 12, 2024 -
Xactly CFO looks to non-finance talent to fill accounting gaps
Teaching employees without a traditional finance background to speak the language can help circumvent ongoing talent shortages, CFO Jason Godley said.
By Grace Noto • Nov. 12, 2024 -
Earned wage access: A CFO primer
The service, which lets users draw an advance on a portion of their pay before payday, raises some thorny issues for employers and their finance teams.
By Suman Bhattacharyya • Nov. 12, 2024 -
Opinion
Bolstering your cyber defenses in the age of AI
Generative AI’s ability to create persuasive deepfakes is just one example of the risks it poses when in the hands of fraudsters, writes Deloitte’s Ryan Hittner.
By Ryan Hittner • Nov. 12, 2024 -
How Trump’s administration may rework payments policies
The president-elect and his new administration will have the opportunity to revamp federal government approaches for everything from earned wage access to digital currencies to open banking.
By Lynne Marek and Patrick Cooley • Nov. 11, 2024 -
News Corp’s new CFO to receive $2.6M one-time equity bonus
Lavanya Chandrashekar, 52, most recently CFO of beverage company Diageo, will replace Susan Panuccio, who has held News Corp’s finance reins since 2017.
By Maura Webber Sadovi • Nov. 8, 2024 -
Fed cuts rate by quarter point, sees ‘balanced’ risks to inflation, jobs
The reduction in borrowing costs comes just two days after Donald Trump won a second term as president, heralding likely economic policy shifts that may fuel inflation.
By Jim Tyson • Nov. 7, 2024 -
4 employment actions to expect under a second Trump presidency
Employers are likely to see immigration raids, agency chair replacements and a slowing in regulatory activity, experts at Littler predicted.
By Emilie Shumway • Nov. 7, 2024 -
CFOs look to curb burnout in face of economic strain: Yooz
Automation can help stressed CFOs curb employee burnout and improve efficiency, but they need to approach its implementation strategically, Yooz CFO John Gronen said.
By Grace Noto • Nov. 6, 2024 -
ADM reveals more accounting errors, cancels earnings call
The global grain trader’s accounting practices and internal controls have been under scrutiny since January when it revealed an internal probe was underway.
By Maura Webber Sadovi • Nov. 5, 2024 -
Deep Dive
Election 2024: Harris, Trump present ‘diametrically opposed’ impacts on ESG
“A Harris administration would be more favorable for the interests of ESG investors whereas a Trump administration would be antagonistic,” according to Morningstar Indexes’ head of strategy.
By Lamar Johnson , Zoya Mirza • Nov. 5, 2024 -
28% of workers fear AI will diminish or replace their role: survey
It’s a stressful time for workers, who also report challenges such as increased burnout and declining mental health, Grant Thornton found.
By Alexei Alexis • Nov. 5, 2024 -
IBM’s Apptio unit ‘refines’ AI tool, eyes early 2025 rollout
“Customers are really pushing us to provide better, more actionable answers,” Apptio’s Eugene Khvostov said.
By Alexei Alexis • Nov. 5, 2024 -
Your D&O coverage is probably inadequate, a broker says
If it is, you’ll want to know that before facing a shareholder lawsuit, Jason Bishara of NSI Insurance Group says.
By Robert Freedman • Nov. 4, 2024 -
Main GenAI benefit so far is time saved, finance execs say
Generative AI is saving finance teams a lot of man hours as they ditch manual processes, but translating that into dollar-based ROI terms is tricky, panelists said.
By Chris Gaetano • Nov. 1, 2024 -
Kraken cuts staff, appoints co-CEO and CFO
The crypto exchange appointed a new co-CEO and new finance chief, alongside cutting about 400 employees, sources told the New York Times.
By Gabrielle Saulsbery • Nov. 1, 2024 -
Meta CFO: AI poised to drive ‘significant’ capex growth
The tech giant’s stock price fell after its third-quarter earnings report, as the company faces growing Wall Street angst over its ballooning AI expenditures.
By Alexei Alexis • Oct. 31, 2024 -
EY firings highlight multitasking, professional training woes
The online training scandal comes about two years after the Securities and Exchange Commission fined EY $100 million for cheating by its auditors on ethics exams.
By Maura Webber Sadovi • Oct. 31, 2024 -
23andMe turns to CFOs to fill director roles after mass board exit
Each of the three former finance chiefs will reap $1 million as the flagging business tries to right itself.
By Grace Noto • Oct. 31, 2024