Leadership: Page 33

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    Southwest details board travel perks as ex-Chevron CFO joins new director slate

    The airline's board compensation package includes free travel on Southwest for each non-employee director, their spouse and children and 50 “unrestricted” one-way flight passes annually.

    By • Oct. 25, 2024
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    Honeywell sales fall short amid warehouse automation weakness

    “We navigated through a challenging operational environment in the third quarter,” CFO Greg Lewis said.

    By • Oct. 24, 2024
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    Trendline

    Navigating risk in turbulent times

    CFOs must help their organizations mitigate risks by balancing the need for both growth and stability. 

    By CFO Dive staff
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    CFOs eye ROI ‘push pull’ for AI, growth balance: Heidrick & Struggles

    To truly gauge the ROI of their GenAI investments, CFOs need to consider their strategic as well as their financial impact, Heidrick & Struggles’ Sachi Vora advised.

    By • Oct. 24, 2024
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    Courtesy of Morningstar
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    Morningstar CFO to step down after 7-plus years

    Over the course of Jason Dubinsky’s tenure as finance chief, Morningstar’s revenue, operating profit and cash flow have more than doubled, the company said.

    By • Oct. 24, 2024
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    CFO competence ranked as a top factor in investor decisions

    Investors are willing to increase their initial investment in an organization by an average of 2.6% when the CFO is the key strategic growth driver, OneStream found.

    By • Oct. 23, 2024
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    Red Lobster names Checkers alum CFO after Chapter 11 restructuring

    Bob Baker brings more than three decades of restaurant industry experience to his new position, having held finance chief roles at Checkers & Rally, Benihana, Pieology Pizzeria, and Café Rio Mexican Grill.

    By • Oct. 23, 2024
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    CFOs key to effective AI change management: ShareFile

    Isolating the technology’s “tangible value” is key to executing a successful, cost-effective AI strategy, ShareFile’s David Le Strat said.

    By • Oct. 22, 2024
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    HSBC names first woman CFO amid restructuring

    The bank is simplifying its business into four spheres and has tapped its chief risk and compliance officer, Pam Kaur, to become its next finance chief.

    By Gabrielle Saulsbery • Oct. 22, 2024
  • Microsoft CEO Satya Nadella speaks during the OpenAI DevDay event on November 06, 2023 in San Francisco, California.
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    Microsoft ups finance automation game with ‘AI agents’

    The move comes as the AI innovation race among enterprise software providers is heating up.

    By • Oct. 22, 2024
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    Only 15% of companies have ROI metrics for GenAI: KPMG

    The finding comes as many enterprises are deploying the technology on a larger scale.

    By • Oct. 22, 2024
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    Huntington Bank CFO sees acceleration of fintech venture opportunities

    Declining interest rates are opening the gateway for a “regrowth” of funding activity, Huntington Bank CFO Zachary Wasserman said.

    By • Oct. 21, 2024
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    Jack Taylor / Stringer via Getty Images
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    EY, PwC voice cautious support for 120-credit hour CPA licensure

    The Big Four accounting firms are now all signalling varied degrees of support for a CPA licensure option that would require 30 fewer college credit hours.

    By • Oct. 18, 2024
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    Ex-Tyson CFO pleads guilty to drunk driving

    The son of the company’s chairman and ex-CFO pleaded guilty to charges stemming from his second alcohol-related arrest in two years.

    By • Oct. 18, 2024
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    AICPA joins backlash against TurboTax ad campaign

    The group said Intuit’s decision to halt the ad, which also drew pushback from the National Association of Tax Professionals, is a “positive step.”

    By • Oct. 17, 2024
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    Sage Therapeutics CFO, GC, CTO to depart in wide restructuring plan

    The biotech will also be reducing its total workforce by approximately 33% and tapped its COO to take on responsibilities for finance as part of the restructuring.  

    By • Oct. 17, 2024
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    Photo illustration: Industry Dive; Joe Readle/Getty Images; Brandon Bell/Getty Images

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    Election 2024: Where Harris, Trump stand on AI regulation

    Analysts expect Kamala Harris to largely continue the current approach to AI oversight, while Donald Trump’s promise to repeal a Biden executive order signals a major shift.

    By Lindsey Wilkinson • Oct. 17, 2024
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    November election, event risks loom, drive volatility: Bloomberg Intelligence

    Finance chiefs should look to maintain robust, flexible portfolios as election and economic risks continue to impact volatility, Bloomberg’s Tanvir Sandhu advised.

    By • Oct. 16, 2024
  • Export freight containers with Mexican produced goods are seen ready to be shipped to the U.S. in the Pantaco customs complex on June 7, 2019 in Mexico City, Mexico.
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    Hector Vivas via Getty Images
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    Companies to shift 9% more nearshoring to Mexico

    Mexico is poised to replace Canada as the second-most popular country for nearshoring, as its share of U.S.-serving supply chains is expected to rise to 36%.

    By • Oct. 15, 2024
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    Dan Kitwood via Getty Images
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    S&P Global swipes State Street CFO for finance chief

    The credit ratings firm will pay State Street CFO Eric Aboaf a $2.4 million signing bonus when he takes their top financial seat in February.

    By • Oct. 15, 2024
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    How hasty digital transformations can backfire

    The stakes are high as companies race to adopt cutting-edge technologies like artificial intelligence and look to avoid falling behind competitors.

    By • Oct. 15, 2024
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    Opinion

    A CFO roadmap for successful and safe AI implementation

    Teams must ensure that proper data governance and management policies are in place before even considering AI adoption, writes AvePoint’s Jim Caci.

    By Jim Caci • Oct. 15, 2024
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    Deloitte joins backers of 120-credit hours CPA licensure option

    KPMG and now Deloitte have endorsed a proposed change in CPA licensure requirements allowing candidates to replace a fifth year of schooling with work experience.

    By • Oct. 14, 2024
  • Broadcom headquarters in San Jose, California picture on June 10, 2023.
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    AT&T, Broadcom move toward settling legal feud

    The two parties told the New York Supreme Court Friday they were making progress in resolution discussions over VMware support services.

    By Matt Ashare • Oct. 14, 2024
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    Lightpath CFO aims to drive finance team’s strategic focus

    Newly-minted CFO Rachel Stack wants to ensure Lightpath’s financial talent has the tools they need to think more strategically.

    By • Oct. 14, 2024
  • An aerial view of flooding from Hurricane Helene.
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    5 tips for businesses filing hurricane-related insurance claims

    With Hurricanes Helene and Milton estimated to have cost tens of billions of dollars in damage, it’s important for businesses to carefully document the impact when filing insurance claims.

    By • Oct. 11, 2024