Leadership: Page 42
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CVS interim CFO takes permanent seat
The CVS Health executive is taking on the top finance seat as it looks to get back on track following a corporate restructuring, company-wide layoffs, and rising costs.
By Grace Noto • Jan. 5, 2024 -
Pot supplier Trulieve taps another CFO after D’Amico scandal
The appointment follows a string of finance leadership changes last year, starting with the abrupt resignation of former CFO Alex D'Amico.
By Alexei Alexis • Jan. 4, 2024 -
Explore the Trendline➔
Mario Tama via Getty ImagesTrendlineTop 5 stories from CFO Dive
Tarifff headwinds along with the accounting talent shortage and the promises and traps of generative AI, are among the top issues CFOs are grappling with this year.
By CFO Dive staff -
Taking a CFO approach to digital transformation
In a post-AI world, companies must retool their digital transformation approaches from large-scale to piece by piece, and CFOs play a critical role.
By Grace Noto • Jan. 4, 2024 -
Walmart vet tapped for Innovative Food’s CFO seat
Gary Schubert is taking over the finance reins of the struggling gourmet food company after a 15-year stint at Walmart.
By Alexei Alexis • Jan. 3, 2024 -
Finding the profitability, growth balance: Kaseya CFO
Taking a strategic approach to hiring and investment can aid CFOs looking to place their companies on the path to hypergrowth, Kaseya’s finance chief said.
By Grace Noto • Jan. 3, 2024 -
Bank veteran takes Piper Sandler CFO reins
Kate Clune, who previously logged 16 years at Morgan Stanley, officially replaced Piper Sandler’s retiring CFO Tim Carter on New Year’s Day.
By Maura Webber Sadovi • Jan. 2, 2024 -
Life Time Group CFO abruptly resigns amid push for positive cash flow
The CFO shift comes as the company weathers rising operating costs for its fitness centers.
By Grace Noto • Jan. 2, 2024 -
First American Financial confirms threat actors stole and encrypted data
The title insurance giant said the cyberattack is contained, but it is still working to determine whether the incident will have a material impact.
By David Jones • Jan. 2, 2024 -
AI may boost M&A dealmaking this year
M&A activity could be on the verge of a rebound this year, with artificial intelligence playing a key role, analysts say.
By Alexei Alexis • Jan. 2, 2024 -
Opinion
Driving FP&A transformation in 2024
Indirect spend is an area that is perfect for radical automation — the kind that can deliver huge cost savings for a business, writes Globality’s Seth Catalli.
By Seth Catalli • Jan. 2, 2024 -
2024 is ‘all about the Fed,’ U.S. Bank exec says
With 2023 drawing to a close, all eyes are remaining on the Federal Reserve and its inflation strategies for 2024, U.S. Bank’s Stephen Philipson said.
By Grace Noto • Dec. 21, 2023 -
ChatGPT’s ‘winter break’ is the latest sign of model drifts
Unexpected changes in large language model behavior could disrupt the rest of an organization’s software or data science pipeline, researchers say.
By Lindsey Wilkinson • Dec. 20, 2023 -
Fifth Third shakes up executive suite
The Cincinnati lender is getting a new COO, CFO and treasurer, all from the inside.
By Gabrielle Saulsbery • Dec. 20, 2023 -
CFOs must take an ROI-centered approach to global expansion
To access top talent in new markets, finance chiefs need to keep their focus on value creation and ROI, CFO Simone Nardi advises.
By Grace Noto • Dec. 19, 2023 -
Firms advised to prepare for tough enforcement of SEC cyber rules
Effective Monday, public companies other than small reporting businesses will now be required to comply with the SEC’s new breach disclosure mandates.
By Alexei Alexis • Dec. 19, 2023 -
AI’s quest to transform corporate finance meets hurdles
While finance leaders widely view artificial intelligence as a game-changer, some are nervous about the risks of adoption, according to a OneStream poll.
By Alexei Alexis • Dec. 19, 2023 -
Opinion
Human connection is still CFOs’ greatest asset
Finance chiefs must find the “delicate balance between leveraging the power of digitization and fostering personal connections,” Bob Purcell writes.
By Bob Purcell • Dec. 18, 2023 -
Hewlett-Packard Enterprise taps HP Inc. CFO for finance chief
Company veteran Marie Myers will take HPE’s financial reins as the business seeks to boost IT spending next year.
By Grace Noto • Dec. 18, 2023 -
FASB pushes crypto, tax rules over finish line
The U.S. standard setter has issued nine new accounting standards updates so far this year, compared to six in all of 2022.
By Maura Webber Sadovi • Dec. 15, 2023 -
Former Disney CFO takes stage in proxy battle
Activist investor Nelson Peltz is leaning on the insider financial expertise of ex-CFO Jay Rasulo as the Disney proxy battle reignites.
By Grace Noto • Dec. 15, 2023 -
Kraft Heinz probes ransomware attack claim
The food and beverage company attributed the potential attack to a decommissioned marketing site and said internal systems are operating normally.
By Matt Kapko • Dec. 15, 2023 -
Column
UBS, Citi and the 2023 ‘grinch index’
Citi is reportedly offering employees part of their annual bonuses early if they agree to leave the bank. UBS, meanwhile, aims to claw back old bonuses paid to Credit Suisse bankers.
By Dan Ennis • Dec. 15, 2023 -
"U.S. Securities and Exchange Commission headquarters in Washington, D.C., near Union Station" by AgnosticPreachersKid is licensed under CC BY 3.0
3 tips for SEC cyber rule stragglers
With breach reporting enforcement set to begin in just days, stragglers should be treating readiness as a “super-high priority,” says Deloitte’s Daniel Soo.
By Alexei Alexis • Dec. 14, 2023 -
Booking snaps up S&P Global CFO
Ewout Steenbergen will leave S&P Global in March to replace Booking’s retiring finance chief.
By Alexei Alexis • Dec. 13, 2023 -
Spotify, Lucid CFO exits signal broader ‘changing of the guards’
Some year-end C-suite job churn is normal. But this year executive recruiters say they’re seeing more than usual.
By Maura Webber Sadovi • Dec. 12, 2023