Leadership: Page 41

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    Airwallex eyes embedded payments in globalization push

    Two “immediate bets” the company is making include increasing headcount in Brazil and Mexico, executive GM Ravi Adusumilli said.

    By • Sept. 10, 2024
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    B2B payment fraud poised for 2024 surge

    The threat can be devastating, with many companies losing more than 30% of their total revenue to fraudulent activities each year, according to a Creditsafe report.

    By • Sept. 10, 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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    Companies lean on AI in push to curb cyber insurance costs

    Half of business leaders responding to a Delinea survey said their organization was able to negotiate a lower cyber insurance rate after using AI.

    By • Sept. 10, 2024
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    UPenn, University of Texas produce most CFOs

    In a shakeup, The University of Texas at Austin unseated University of Virginia this year to top the list of public schools that have produced the most sitting finance chiefs.

    By • Sept. 9, 2024
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    Salesforce shapes industry-tailored AI play targeting 15 sectors

    The software provider unveiled an AI Use Case Library with more than 100 AI capabilities aimed at financial services, life sciences, healthcare and other sectors.

    By Lindsey Wilkinson • Sept. 9, 2024
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    New Eli Lilly CFO to receive $1M salary, bonus opportunity

    The financial leadership transition is coming as the pharma giant hovers just below a $1 trillion market cap in the midst of rising demand for several new medications.  

    By • Sept. 9, 2024
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    SoundHound AI programmatic M&A strategy targets 2025 ‘break even’

    In the midst of AI hype, SoundHound is leaning on programmatic M&A to balance profitability with hypergrowth, CFO Nitesh Sharan said.  

    By • Sept. 6, 2024
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    Fewer small businesses plan near-term raises, survey says

    While the share of small business owners planning near-term raises ticked down, average pay hikes are on track to outpace inflation, according to QuickBooks’ findings.

    By Chris Gaetano • Sept. 6, 2024
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    Honeywell taps insider for CFO seat

    The transition comes as Charlotte, North Carolina-based Honeywell’s CEO is laser-focused on accelerating growth.

    By • Sept. 5, 2024
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    Courtesy of ADM
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    New ADM CFO to tackle ‘root cause’ of material weakness

    Just weeks into his CFO tenure, Monish Patolawala said he’d prioritize remediating the accounting woes that have rocked the company this year.

    By • Sept. 4, 2024
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    August tech layoffs surpassed 26K, highest level since January

    Tech job cuts are continuing to pile up as industry leaders zero in on objectives such as freeing up capital to fund AI initiatives.

    By • Sept. 4, 2024
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    Rite Aid exits bankruptcy, promotes CFO to CEO

    Chief Financial Officer Matt Schroeder will take over the CEO post from restructuring officer Jeffrey Stein.

    By Daphne Howland • Sept. 4, 2024
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    ESG controllers: The newest finance hires

    Depending on the company’s structure, the specialized controllers often report to the corporate controller or the CFO, Deloitte’s Kristen Sullivan said. 

    By • Sept. 3, 2024
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    Paysafe taps FIS alum for CFO amid growth pivot

    The iGaming payments platform is looking to expand on its “robust” performance in the first half of the year with the appointment of new financial leadership.

    By • Sept. 3, 2024
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    Deepfake scams escalate, hitting 53% of businesses

    Eighty-five percent of corporate finance professionals now view such scams as an “existential” threat, a Medius study found.

    By • Sept. 3, 2024
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    Opinion

    Developing a winning tech strategy for your organization

    Business leaders must embrace team cross-functionality if they want their tech strategy to succeed, Deloitte’s Frank D’Amelio and John Marcante write.

    By Frank D’Amelio and John Marcante • Sept. 3, 2024
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    CFO Editorial Staff
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    Tyson Foods appoints new CFO, replacing troubled scion

    John R. Tyson was suspended in June following his second drunk driving incident since taking the executive role in 2022.

    By Nathan Owens • Aug. 30, 2024
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    CISA launches cyber incident reporting portal to streamline breach disclosure

    The secure portal is designed to encourage faster and more robust information sharing about malicious attacks and critical vulnerabilities.

    By David Jones • Aug. 30, 2024
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    CPAs eyeing the CFO seat must hone tech, ‘soft’ skills: PICPA

    Emotional intelligence is a key skill CPAs aspiring to be finance chiefs need, PICPA’s Jen Cryder said. Its importance is sometimes overlooked. 

    By • Aug. 30, 2024
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    Salesforce CFO to exit post after successor is picked

    Amy Weaver is also expected to become a special adviser to the CEO once she steps down as the company’s finance chief.

    By • Aug. 29, 2024
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    Cannabis firm Ascend terminates CFO, CEO amid refinancing push

    Ascend is the third large cannabis company to see its CEO out the door this month.

    By • Aug. 28, 2024
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    CFOs edge out, merge with COOs

    The CFO’s role has blended with that of a chief operating officer’s typical responsibilities, Trintech CEO Darren Heffernan said.

    By • Aug. 27, 2024
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    Bitcoin miner TeraWulf CFO targets AI-driven data centers

    The Maryland-based bitcoin miner is pivoting to tap its power infrastructure to serve high-performance data centers that companies need to run AI systems.

    By • Aug. 27, 2024
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    Opinion

    Don’t over-budget for digital transformation in 2025

    Every transformation should include a robust and detailed business case with defensible and realistic numbers, writes ISG’s Jon Lightman.  

    By Jon Lightman • Aug. 27, 2024
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    Apple taps insider to succeed longtime CFO Luca Maestri

    The Cupertino, California-based tech giant said Kevan Parekh — its VP of financial planning and analysis — would become CFO as part of a “planned succession.”

    By • Updated Aug. 27, 2024