Clorox says it incurred $49M in costs from 2023 cyberattack

The breach caused system disruptions that led to order processing delays and “significant product outages,” negatively impacting net sales and earnings.

By Alexei Alexis • Feb. 6, 2024

The fight against cyber fraud: How to up your game in 2024

CFOs face an increasingly daunting fraud landscape — from deep-fake phone calls to AI-generated text messages, writes Trustpair CEO Baptiste Collot.

By Baptiste Collot • Feb. 6, 2024

Explore the Trendline➔

Digital transformation, one smart step at a time

As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

By CFO Dive staff

Bass Pro, Patagonia vet takes Meati Foods CFO seat

Founded in 2017, the company said its new finance chief will oversee capital expenditures needed to drive its continued expansion.

By Maura Webber Sadovi • Feb. 5, 2024

Solo Brands appoints Vitamin Shoppe exec as new CFO

The leadership swap comes after Solo replaced its CEO and lowered its revenue guidance for 2023 following disappointing sales.   

By Grace Noto • Feb. 5, 2024

BP makes interim CFO permanent

With Kate Thomson, the London-based oil giant holds a spot in the still relatively rarefied ranks of major companies with women in the top finance seat.

By Maura Webber Sadovi • Feb. 2, 2024

PwC veteran talks cracking the IT, finance silos

Finance chiefs need to be sure they are opening communication channels between other executive leaders to tell ‘the right digital transformation story.’

By Grace Noto • Feb. 1, 2024

Sanofi appoints Nestlé executive as new finance chief

François-Xavier Roger will replace current CFO Jean-Baptiste Chasseloup de Chatillon as Sanofi continues a research pivot and cost-cutting drive.

By Delilah Alvarado • Feb. 1, 2024

SEC wins legal victory against former tech CFO in accounting fraud case

Former CFO Karen Rosenberger is accused of helping software provider Synchronoss to engage in “long-running accounting improprieties.”

By Alexei Alexis • Jan. 31, 2024

Fed holds main rate steady, wants ‘greater confidence’ inflation falling

The central bank dropped a prior reference to “additional policy firming” but gave no support to market expectations that it will soon reduce interest rates. 

By Jim Tyson • Jan. 31, 2024

Healthcare CFOs explore M&A, automation and service line cuts in 2024

Companies grappling with liquidity concerns are looking to cut costs and streamline operations, according to a new survey.

By Susanna Vogel • Jan. 31, 2024

Targeting the accounting shortage: 2024 tactics

With controversial state legislation and big changes for CPA exam takers afoot, this year could be a volatile one for accounting players.

By Maura Webber Sadovi • Jan. 30, 2024

One in four companies ban GenAI

The research by Cisco found that generative artificial intelligence tools are putting many companies’ sensitive data at increased risk of public exposure.

By Alexei Alexis • Jan. 30, 2024

Tech CFOs kick off 2024 with flurry of layoffs

The latest layoffs show that many tech CFOs remain laser-focused on ensuring long-term profitability in an uncertain economic environment, analysts said.

By Alexei Alexis • Jan. 30, 2024

TIAA sues SVB ex-CEO, ex-CFO to recoup investment losses

The conduct of Silicon Valley Bank’s former leaders has come under heavy fire since its collapse last year, which marked the largest banking failure seen since 2008.

By Grace Noto • Jan. 29, 2024

Southwest Airlines to spend $1.7B on tech, cloud migration this year

The commercial carrier has shifted just under half of its tech estate to cloud, President and CEO Bob Jordan said Thursday.

By Matt Ashare • Jan. 29, 2024

What’s behind SAP’s massive restructuring push?

“Cloud is the big elephant in the room for SAP,” Forrester VP and Principal Analyst Liz Herbert said.

By Matt Ashare • Jan. 26, 2024

Superdry CFO to depart as UK retailer warns of rough market conditions

The departure marks the fourth finance chief to leave the troubled retailer in a half-decade.  

By Grace Noto • Jan. 26, 2024

SEC kicks dead SPAC horse with new rules

The commission is taking action to rein in SPACs as the once booming market is struggling to recover from a slump.

By Alexei Alexis • Jan. 25, 2024

Upwork CFO sees signs of ‘macroeconomic softness’ in freelancer wage stagnation

While the freelancer economy remains robust, CFO Erica Gessert is keeping her eye on stagnant wage growth amid continued uncertainty.

By Grace Noto • Jan. 25, 2024

2024 proxy outlook: What’s driving the ESG proposal approval dip?

Major asset managers and a spate of anti-ESG proposals helped push approval rates down, yet even more ESG proposals are expected after a record 2023.

By Lamar Johnson • Jan. 25, 2024

83% of execs anticipate spike in their M&A volume this year: Deloitte

With economic conditions slowly improving, the stage might be set for a rebound in M&A activity.

By Alexei Alexis • Jan. 24, 2024

CFO of beleaguered smart window manufacturer View to resign

View’s finance chief is departing as the company scrambles to accrue enough capital to continue operating through 2024.

By Grace Noto • Jan. 24, 2024

$700M AGs settlement resolves only portion of J&J talc liability

Some 50,000 private claims remain as Johnson & Johnson tries to keep its controversial bankruptcy strategy alive.

By Robert Freedman • Jan. 24, 2024

6 essentials for CFOs aiming to rise to CEO: McKinsey

Corporate boards in the past decade have increasingly turned to CFOs to fill the CEO seat. McKinsey has highlighted the attributes boards seek in a chief executive.

By Jim Tyson • Jan. 23, 2024

Qualcomm expands CFO’s role to include COO responsibilities

Akash Palkhiwala’s move to the dual role is part of a rising trend where finance chiefs are absorbing operational responsibilities.  

By Grace Noto • Jan. 23, 2024