Fed holds main rate steady, flags option of future hike

The central bank kept the federal funds rate unchanged despite higher-than-forecast strength in hiring and economic growth.

By Jim Tyson • Nov. 1, 2023

Former AIG CFO dies following medical leave

In a tribute to the late Shane Fitzsimons, the global insurer’s CEO Peter Zaffino praised the former CFO’s “legacy of extraordinary leadership." 

By Grace Noto • Oct. 31, 2023

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

Amazon CFO credits AI with boosting ad business

The technology giant is leaning into machine learning as it seeks to improve the relevancy of the ads it shows to customers.

By Alexei Alexis • Oct. 31, 2023

Biden’s AI order calls for guardrails to protect workers

The effort highlights growing concerns in Washington over the risks posed by artificial intelligence as companies rush to adopt it.

By Alexei Alexis • Oct. 31, 2023

CFO, CIO need to be in ‘lockstep’ on software purchases: Olive CEO

To find the right software at the right price, CIOs and CFOs need to take a tandem approach on new technologies and solutions.  

By Grace Noto • Oct. 30, 2023

5 ways CFOs can support workers in times of crisis

“Most importantly, ask how employees are doing and then just listen,” Catalyst's Tara Van Bommel says.

By Maura Webber Sadovi • Oct. 27, 2023

Buzzfeed taps treasurer for next CFO

The financial leadership shift comes as a move to AI-generated content failed to bolster the digital media company’s revenue.  

By Grace Noto • Oct. 27, 2023

Straddling the CFO, COO divide: Brex

As C-suite responsibilities change, the gap between roles such as the CFO and chief operating officer is narrowing.  

By Grace Noto • Oct. 26, 2023

Unilever taps new CFO in leadership shakeup

The appointment, which was accompanied by other senior management changes, comes months after the consumer products giant installed a new CEO.

By Alexei Alexis • Oct. 26, 2023

Solo Brands CFO to exit

Somer Webb will step down on Dec. 10 and be replaced in the interim by Andrea Tarbox as the company begins a search for a successor.

By Caroline Jansen • Oct. 26, 2023

Former Dow exec returns for CFO post

The change comes as the chemical giant’s retiring CFO expects “challenging macroeconomic dynamics” to continue through the fourth quarter.

By Alexei Alexis • Oct. 25, 2023

Trump tasked his ex-CFO, ex-attorney with ‘reverse engineering’ asset values, Cohen testifies

Ex-attorney and former “fixer” Michael Cohen testified as a key witness for the state in its $250 million civil fraud case against his former boss Donald Trump.

By Maura Webber Sadovi • Oct. 24, 2023

Modern CFOs as ‘chief value officers’: EY

Generative AI could aid CFOs seeking to meet the wider demands and job creep that has expanded their strategic responsibilities, EY’s Daren Campbell says. 

By Grace Noto • Oct. 23, 2023

With venture arm, Huntington Bank CFO keeps eye on innovation, liquidity

In the face of economic uncertainty, access to the innovation economy is essential to help bolster growth, Huntington Bank’s CFO says.  

By Grace Noto • Oct. 20, 2023

Ex-Trump CFO targeted in fraud trial for emails, testimony

The New York Attorney General’s Office wrote that it has “identified likely omissions” of data provided by the Trump Organization in response to subpoenas. 

By Maura Webber Sadovi • Oct. 20, 2023

Price cuts eat into Tesla margins, fail to boost demand

Tesla faces contracting margins and slumping market share, with multiple price cuts for its EVs failing to persuade consumers to shell out for new cars.

By Grace Noto • Oct. 19, 2023

NY AG zeros in on Trump golf course valuation

A longtime commercial real estate expert with Cushman & Wakefield testified Thursday to feeling pressure to assign higher appraisal values.

By Maura Webber Sadovi • Oct. 19, 2023

Ransomware projected to see banner year amid ‘big game hunting’

Cyber risk management company Resilience said 2023 is on track to become “the most financially damaging year” for ransomware victims since 2021.

By Alexei Alexis • Oct. 19, 2023

Son of ex-Trump CFO details cozy lending ties

The judge presiding over the fraud case against the former president warned him and others to be quiet Wednesday as tempers flared.

By Maura Webber Sadovi • Oct. 18, 2023

Plaid names first CFO amid potential run-up to public listing

The move comes as the 10-year-old fintech company is reportedly considering going public after its failed agreement to be acquired by Visa.

By Alexei Alexis • Oct. 18, 2023

AI venture capital deal volume shrinks 27%: Pitchbook

The third-quarter slowdown follows a flurry of large deals earlier in the year, including Microsoft’s multi-billion-dollar investment in ChatGPT creator OpenAI.

By Alexei Alexis • Oct. 17, 2023

Criminals’ AI adoption intensifies scam threat

With AI, a criminal can now more easily mimic the voice of a trusted person at an organization as part of a sophisticated payment fraud scam, says Trustpair CEO Baptiste Collot.

By Alexei Alexis • Oct. 17, 2023

CFOs keep focus on tech, profitability: Grant Thornton

As CFOs seek to boost profits while balancing rising operating costs, a tailored digital transformation strategy is critical, Grant Thornton’s Paul Melville says.

By Grace Noto • Oct. 16, 2023

CVS shuffles leadership again as CFO takes leave

The changes come about a month after the pharmacy giant appointed CFO Shawn Guertin as president of its health services segment.

By Emily Olsen • Oct. 16, 2023

Ex-Trump CFO lied under oath, Forbes says

The ex-finance chief perjured himself while testifying in the state of New York’s $250 million civil-fraud case against his former boss, Forbes alleged.

By Alexei Alexis • Oct. 13, 2023