CFOs struggle to move past ‘transactional’ responsibilities

CFOs are ready to drive innovation at their organizations, but it may be hard for them to shake off the role of the nay-saying finance leader, according to a recent study.

By Grace Noto • March 2, 2023

Unlocking the ‘right’ combination to digital transformation

Only 34% of large companies showed signs of being strategic about their technology investments in financial disclosures, according to a recent report from Deloitte.

By Elizabeth Flood • March 2, 2023

Explore the Trendline➔

CFOs step up as companies look for strategic guidance

The value finance leaders bring to operations is varied but they share a forward-looking vision.   

By CFO Dive staff

Doth Buffett protest GAAP too much?

Warren Buffett — CEO of Berkshire Hathaway and one of the world’s most renowned investors — didn’t disappoint fans of his folksy, acerbic writing in his latest shareholder letter. 

By Maura Webber Sadovi • March 1, 2023

Crypto firm Algorand appoints first CFO

The new CFO said one of his first priorities will be to help identify strategic growth areas with the leadership team.

By Alexei Alexis • March 1, 2023

Accounting talent crunch persists

As accountants and CPAs increasingly battle with burnout, the pool of talent for the industry is getting smaller.

By Elizabeth Flood • March 1, 2023

Zoom predicts growth while watching macro headwinds

Economic uncertainty remains a risk for the company “at least through the rest of this year,” its CFO said.

By Alexei Alexis • Feb. 28, 2023

Walgreens shrinks headquarters, cites hybrid work

Many CFOs are cutting costs by shrinking their real estate footprint as they adjust to changing needs of their hybrid workforces.

By Maura Webber Sadovi • Feb. 28, 2023

Strong relationships can aid CFOs in building C-suite cohesion

Executive leaders are losing faith in their leadership teams, but fostering strong, individual relationships between their peers could help CFOs get the C-suite on on track.

By Grace Noto • Feb. 28, 2023

Dismantling the first 100 days myth

 For newly minted finance chiefs, their first few months on the job need to look a little different than what they may think.

By Elizabeth Flood • Feb. 28, 2023

Capricorn Energy slots in interim CFO

The British oil and gas producer tapped its director of finance as acting CFO. Its board also commenced a “strategic review” of the company’s assets, cost base and future business strategy.

By Grace Noto • Feb. 27, 2023

Avoiding operational lag in hiring plans

Midsize businesses are still looking to grow headcount despite macroeconomic challenges, but in order to do so effectively, they need to have a thorough headcount management plan in place, according to TeamOhana’s CEO.

By Elizabeth Flood • Feb. 27, 2023

CFOs scramble to keep pace with finance tech frenzy

Artificial intelligence, machine learning, and language processing are among cutting-edge technologies that could transform the corporate finance world in the near future.

By Alexei Alexis • Feb. 27, 2023

Financial services’ AI appetite grows, study says

Top uses for AI in the financial services sector include ‘next-best action’ systems; portfolio optimization; and fraud detection.   

By Suman Bhattacharyya • Feb. 26, 2023

CFOs to get some cyber insurance relief: Fitch’s Glombicki

While premiums are still rising, the pace has slowed compared to previous years when ransomware attacks were at their peak.

By Alexei Alexis • Feb. 24, 2023

Beyond Meat’s lean inventory is key, CFO says

The California company is one of a growing number of firms pivoting to cut costs through layoffs, real estate consolidation and other measures.

By Maura Webber Sadovi • Feb. 24, 2023

Trust, transparency key to crypto’s next phase: Circle CFO

USDC issuer Circle is moving to position itself as a player in crypto’s coming “utility phase,” and continuing its efforts to become a public company, its CFO said, even as regulatory attention on the space sharpens.

By Grace Noto • Feb. 24, 2023

FarFetch CFO to exit in 2023

The London-based luxury fashion retailer is hunting for a successor as CFO Elliot Jordan is poised to depart after eight years.

By Elizabeth Flood • Feb. 24, 2023

Block boosts CFO Ahuja’s responsibilities

Pledging to be more efficient with a revamp of the company’s leadership structure, Block has combined the CFO and COO roles under Amrita Ahuja.

By Caitlin Mullen • Feb. 24, 2023

3 currency hedging lessons learned

The U.S. dollar has eased off a two-decade high hit in September. U.S. Bank’s Paula Comings is still advising companies to revisit their hedging policies.

By Maura Webber Sadovi • Feb. 23, 2023

SelectQuote latest to tap interim exec for permanent CFO

Companies are looking to internal candidates to fill both interim, and possibly permanent, CFO positions as they face a shortage of qualified CFOs.

By Grace Noto • Feb. 23, 2023

Six steps CFOs communicating layoffs should take

Layoffs are painful. Finance chiefs need to prepare in order to avoid missteps and ensure their approach to staff cuts is as empathetic and transparent as possible.

By Cassandra M. Bailey • Feb. 23, 2023

‘Macro drivers’ blamed as Overstock.com revenues plummet

The Salt Lake City, Utah-based home furnishings seller’s CEO said factors such as inflation contributed to its fourth quarter loss.

By Alexei Alexis • Feb. 22, 2023

For dream CFO, data, people skills are a must, CEO says

Old school and new generation CFOs have different ways of achieving efficiency—but as a CEO, Yantra’s Vikram Bhandari is looking for the best of both worlds.

By Grace Noto • Feb. 22, 2023

Foot Locker moves exec to interim CFO seat

The New York-based sneaker retailer is still on the hunt for a permanent replacement for departing CFO Andrew Page.

By Elizabeth Flood • Feb. 22, 2023

Cargill’s interim CFO gets permanent role

The change is part of a re-shuffling within the company’s top ranks.

By Alexei Alexis • Feb. 21, 2023