Leadership: Page 40
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Cano Health appoints interim CFO
Eladio Gil takes the reins as interim chief financial officer as the struggling primary care chain searches to replace Brian Koppy.
By Emily Olsen • Oct. 2, 2023 -
CFO events, conferences in H2 2024
As CFOs head into the back half of 2024, it’s important to keep an eye on key trends. CFO Dive’s list of conferences and industry events can help finance chiefs do so.
By Grace Noto • Updated June 21, 2024 -
Explore the Trendline➔
iStock / Getty Images Plus via Getty ImagesTrendlineDigital 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 -
California Gov. Gavin Newsom signs $20 fast food minimum wage into law
The deal, AB 1228, establishes a council with limited power to set the pace of wage increases until 2029, in what the SEIU calls a “historic” turn for labor.
By Aneurin Canham-Clyne • Sept. 29, 2023 -
Uber taps decades-long finance veteran for CFO seat
Semiconductor executive Prashanth Mahendra-Rajah is taking the finance reins at the ride-sharing company as it focuses on post-COVID-19 pandemic growth.
By Alexei Alexis • Sept. 28, 2023 -
Learn to talk tech, Heller Search CEO advises CFOs
For finance and technology executives to create an effective digital transformation strategy, it’s important to speak the other’s language.
By Grace Noto • Sept. 28, 2023 -
SEC fines CFO, others for stock trade filing ‘delinquencies’
The charged corporate insiders and companies deprived investors of timely information related to over $90 million in transactions, SEC’s Gurbir Grewal said.
By Alexei Alexis • Sept. 27, 2023 -
Non-profit’s former executives arrested for $3.7M fraud scheme
The criminal charges follow a three-year investigation by the state of Florida into misconduct by the nonprofit’s former CEO and CFO.
By Grace Noto • Sept. 27, 2023 -
Envestnet taps Blackrock, Treasury alum for CFO
Joshua Warren will take on the CFO seat as the company deals with continued headwinds in the wealth management sector.
By Grace Noto • Sept. 26, 2023 -
Shoe Carnival CFO exits after 5 months
Patrick Edwards was named the company's new chief financial officer — the third person to serve in the role this year.
By Nate Delesline III • Sept. 26, 2023 -
Half of digital transformation investments fail: KPMG
Success requires collaboration among key stakeholders, including the CFO, who can help ensure a “clear line of sight” toward achieving a return on investment, says KPMG’s Atif Zaim.
By Alexei Alexis • Sept. 26, 2023 -
Runaway cloud spending frustrates finance execs: Vertice
Finance leaders are almost three times as likely to be concerned about cloud costs than their tech peers, and more than twice as likely to be worried about cloud visibility, a Vertice study found.
By Alexei Alexis • Sept. 26, 2023 -
United promotes insider, JPMorgan alum to CFO
In 2020 Michael Leskinen led a team that raised $6.8 billion in financing — providing the airline financial flexibility during the COVID-19 pandemic.
By Maura Webber Sadovi • Sept. 25, 2023 -
Small businesses fear revenue hit from looming shutdown: Goldman
Many executives at smaller companies are worried their firms will be hurt financially if lawmakers don’t reach a spending deal before Oct. 1.
By Maura Webber Sadovi • Sept. 25, 2023 -
Big Ten schools produce more CFOs, fewer CEOs than Ivies
The University of Virginia, Pennsylvania State University and University of Texas at Austin top the list of public schools that have produced sitting CFOs.
By Maura Webber Sadovi • Sept. 22, 2023 -
Ex-CFO sentenced for tax evasion, hiding offshore accounts
The former CFO of a Russian natural gas company was also ordered to pay a $350,000 fine and more than $4 million in restitution to the U.S.
By Alexei Alexis • Sept. 22, 2023 -
Average insider cyberthreat cost spikes 40% in 4 years
The outsmarting of insiders is a “go-to tactic” for many cyberattackers looking to steal credentials and gain access to critical data, according to research from the Ponemon Institute.
By Alexei Alexis • Sept. 21, 2023 -
Retrieved from General Motors on September 20, 2023
UAW strike: How auto supply chain managers can mitigate disruption
Industry experts said to focus on supplier health, visibility and relationships to navigate any risks spurred by the union’s work stoppage.
By Kelly Stroh • Sept. 20, 2023 -
Disney Entertainment CFO heads to Warner Music
Bryan Castellani’s exit from Disney follows significant turmoil at the company, including a massive layoff and senior leadership changes.
By Alexei Alexis • Sept. 20, 2023 -
Opinion
Forget FOBO: use AI or lose your FP&A job
Financial, planning and analytics professionals need to adapt to AI — or risk being replaced by someone else who does embrace it, FP&HEY Co-founder Drew Murphy writes.
By Drew Murphy • Sept. 19, 2023 -
Flawed data ranked as top AI risk: Workday
While AI error risks can be reduced, many firms are unprepared as they “wrangle huge volumes of information across patchwork systems, static spreadsheets, and fragmented processes,” Workday says.
By Alexei Alexis • Sept. 19, 2023 -
BP promotes Thomson to interim CFO amid C-suite restacking
The London-based oil company is moving to fill a leadership vacuum stemming from the abrupt resignation of CEO Bernard Looney last week.
By Maura Webber Sadovi • Sept. 19, 2023 -
22 Republican AGs accuse net-zero alliance of antitrust violations
The letter, led by Tennessee Attorney General Jonathan Skrmetti, alleges the Net Zero Financial Services Providers Alliance’s market influence could “deprive disfavored companies of economic opportunities.”
By Lamar Johnson • Sept. 19, 2023 -
Brex adds more AI to CFOs’ expense management arsenal
Brex is one of many software vendors that are racing to bet on AI following the swift rise of ChatGPT, created by Microsoft-backed OpenAI.
By Alexei Alexis • Sept. 19, 2023 -
Lockheed Martin CFO details persistent inflation
The North Bethesda, Maryland-based aerospace company’s finance chief expects to see inflationary impacts persist through next year.
By Chris Gaetano • Sept. 18, 2023 -
Land’s End interim takes permanent CFO seat
Bernard McCracken is the latest chief accounting officer to be promoted to a public company’s top finance role.
By Maura Webber Sadovi • Sept. 15, 2023