Anderson Kill ex-CFO seeks damages, alleges wrongful termination after fall

Ex-CFO Paul Schwartz is seeking damages including back pay and lost wages after alleging he was forced out of his role following a 2022 injury.

By Grace Noto • Aug. 17, 2023

Three key steps to the fractional CFO seat

Figuring out your niche — and what you can charge for it — is an essential first step for intrepid fractional CFOs, experts say.

By Grace Noto • Aug. 16, 2023

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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

SEC settles with Crowe U.K. over botched audit claims

The firm violated Public Company Accounting Oversight Board standards in connection with an audit of music streaming business Akazoo, the SEC found.

By Alexei Alexis • Aug. 16, 2023

Bankruptcy ‘burn rates’ drive some firms to file Chapter 7s: ABI’s Ward

Professional fees racked up in Chapter 11 bankruptcies can range from a few hundred thousand dollars to the tens of millions, Chris Ward, president-elect of the American Bankruptcy Institute, said. 

By Maura Webber Sadovi • Aug. 15, 2023

‘Be the glue,’ Cologix CFO tells finance chiefs facing turbulent times

Cologix’s Rachel Stack highlights the importance of a strong leadership team, and how finance chiefs can work to hold that team together.

By Grace Noto • Aug. 15, 2023

SEC cyber rules ignite tension between reputation and security risk

The rules, which take effect Sept. 5, encountered mixed reactions. Some champion board-level cyber accountability. Others say the rules are too big of a lift.

By David Jones • Aug. 15, 2023

Who will pay to decarbonize the supply chain?

Some brands are helping their suppliers reduce greenhouse gas emissions. Others are dumping new requirements on vendors without shouldering any of the costs.

By Ben Unglesbee • Aug. 15, 2023

US Chamber urges SEC to delay cyber rule implementation

The SEC has “chosen speed over accuracy” while ignoring important business community concerns in pushing out the new regulations, the U.S. Chamber of Commerce asserts.

By Alexei Alexis • Aug. 15, 2023

Mixing whiskey and blockchain: A CFO’s perspective

Blockchain is helping Metacask to modernize the sale and ownership of whiskey casks, highlighting the technology’s business potential, writes CFO Andrew Kennard.

By Andrew Kennard • Aug. 14, 2023

Daimler Truck CFO died of wasp sting: reports

The company’s chairman and CEO will temporarily assume CFO duties while Daimler searches for a successor to former finance chief Jochen Goetz.

By Grace Noto • Aug. 14, 2023

Is Tesla’s ‘Master of Coin’ the CFO white whale?

Zachary Kirkhorn’s sudden exit from the EV maker has sparked questions around what a second act might look like for a 38-year-old ex-CFO with a net worth of $590 million.

By Maura Webber Sadovi • Aug. 14, 2023

Elevance snags Moody’s exec for new CFO

The health insurer’s current CFO John Gallina is leaving after almost three decades in various leadership roles at Elevance.

By Rebecca Pifer • Aug. 14, 2023

Getting ahead of the AI culture shift

With so many companies focused on AI lately, a “cross-functional AI SWAT team” is key to helping senior leadership teams stay one step ahead.

By Grace Noto • Aug. 11, 2023

Data privacy startup Osano secures $25M funding boost

The company is looking to beef up some of its key teams amid growing business demand for tools to keep pace with constantly evolving data privacy requirements.

By Alexei Alexis • Aug. 10, 2023

Pot firm says ex-CFO wrongly racked up over $350K in personal charges

Trulieve revealed its investigation's findings as the cannabis industry struggles with high taxes, competition from illegal sellers and falling prices.

By Maura Webber Sadovi • Aug. 10, 2023

LeaseQuery expands into SaaS management in Stackshine buy

The deal comes as many companies grapple with how to rein in out-of-control SaaS spending.

By Alexei Alexis • Aug. 9, 2023

Tesla CFO walks away with $590M

The former Tesla finance chief is leaving with millions in company stock and options as the EV maker faces stiff industry competition.

By Grace Noto • Aug. 9, 2023

Flywire CFO to step down

The company and CFO Mike Ellis “have come to a mutual understanding that the next phase of growth for Flywire needs new leadership in the Finance, Global Treasury & Public Markets area,” a spokesperson said of Ellis’s exit.

By James Pothen • Aug. 9, 2023

Data, hiring balance key to driving growth: LogicSource CFO

Leveraging unused data can help CFOs gain better insights surrounding efficiency and employee performance, clearing the path to growth even in turbulent economic times.

By Grace Noto • Aug. 8, 2023

Cyber insurer Resilience raises $100M in expansion bid

The funding is expected to help accelerate the company’s global expansion and scale the adoption of its recently-launched cyber-risk platform.

By Alexei Alexis • Aug. 8, 2023

C-suite execs waver on AI amid regulatory uncertainty: KPMG

The technology is drawing close scrutiny in Washington over concerns that it poses risks in areas such as data privacy and security.

By Alexei Alexis • Aug. 8, 2023

Tech hirers are pulling back from remote work postings

The share of tech job postings that are for remote positions declined to 18.6% in May after hitting a post-pandemic peak of 24% last August, according to JLL and Lightcast.

By Maura Webber Sadovi • Aug. 7, 2023

Tesla CFO, ‘Master of Coin,’ resigns after 13 years with company

The automaker’s chief accounting officer, Vaibhav Taneja, took over on Aug. 4, replacing Zachary Kirkhorn. 

By Eric Walz • Aug. 7, 2023

Daimler Truck CFO dies in ‘tragic incident’

Jochen Goetz, 52, spent his entire professional career of 36 years at the German automaker.

By Grace Noto • Aug. 7, 2023

Synchronized financial systems break down silos and enable enterprise agility

Leaders should consider three actions to enable enterprise agility and break down siloes.

By Todd Wegener • Aug. 7, 2023