Ford CFO: Bridge collapse will likely ‘lengthen’ supply chain

The automaker will have to divert parts to other ports along the East Coast or elsewhere in the U.S., Ford’s finance chief said Tuesday.

By Maura Webber Sadovi • March 27, 2024

Interim ADM CFO gets $35K monthly pay boost

Embattled Archer Daniels Midland also gave interim finance chief Ismael Roig restricted stock valued at $1 million that will fully vest in March of next year.

By Maura Webber Sadovi • March 26, 2024

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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

Open Lending taps CFO for interim CEO, COO

Open Lending is leaning on its CFO of four years to position it for growth as it prepares for the “inevitable” recovery of the auto lending industry.   

By Grace Noto • March 26, 2024

Business execs gear up for ‘next phase’ of GenAI

Firms that have tested GenAI in pilots are now aiming for larger-scale investments while proceeding with caution, according to KPMG.

By Alexei Alexis • March 26, 2024

Zoom launches AI collaboration hub, brings automation to the fore

Zoom One bundles will rebrand to Zoom Workplace bundles for new and existing customers following a public release in April and May.

By Lindsey Wilkinson • March 26, 2024

AI scales up fraud controls, but humans still vital

AI analytics technology is turbocharging anti-fraud measures through its ability to process oceans of financial data.

By Chris Gaetano • March 26, 2024

Fintech Wise swipes Delivery Hero alum for finance chief

Emmanuel Thomassin will depart for the London-based money transfer provider after a decade in Delivery Hero’s top financial seat.

By Grace Noto • March 25, 2024

How CFOs can tap procurement as a strategic enabler: SpendHQ

As finance chiefs search for ways to improve efficiency, teaming up with procurement may prove to be the key, SpendHQ CEO Scott Macfee says.

By Grace Noto • March 22, 2024

Marqeta CFO touts EWA expansion

The card-issuing fintech has seen adoption of its debit card-linked EWA product increase as hourly workers at Walmart and Uber have been added, CFO Mike Milotich said.

By James Pothen • March 21, 2024

Boeing to spend $4B plus to fix safety, supply chain woes: CFO

The aerospace company’s finance chief on Wednesday detailed some of the financial implications of the safety issues that have have recently plagued the company.

By Suman Bhattacharyya • March 20, 2024

Ex-Zillow, Amazon alum takes Varo CFO seat

The fintech will tap the Zillow and GE veteran’s financial acumen as it looks to return its path to profitability following a rocky 2023.

By Grace Noto • March 20, 2024

Cube taps Workday alum to drive tech, finance synergy with new $20M funding

Workday alum Suresh Bala will keep his eye on the goals of the CFO as he taps the new funding to elevate Cube’s FP&A offerings, he said.

By Grace Noto • March 19, 2024

Pitney Bowes CFO exit brings more C-suite churn

Finance chief Ana Maria Chadwick is leaving Pitney Bowes roughly five months after then CEO Marc Lautenbach stepped down. 

By Maura Webber Sadovi • March 19, 2024

Tech Q1 job cuts surge above 50K

The latest figures show that layoff activity in the tech sector may be far from over despite a huge drop after the first quarter of last year.

By Alexei Alexis • March 19, 2024

CFOs play it safe on AI spending

Close to two-thirds (62%) of CFOs responding to a Deloitte poll anticipated an allocation of less than 1% of their organization’s budget for GenAI next year.

By Alexei Alexis • March 19, 2024

Private firms, not-for-profits reckon with CECL

Many not-for-profits and private companies are just beginning to grapple with the new rules for current expected credit loss accounting.

By Maura Webber Sadovi • March 18, 2024

Joann files for bankruptcy; secures $132M in new financing

The craft retailer’s long-anticipated bankruptcy follows a $400k cash retention bonus paid out to its CFO.

By Grace Noto • March 18, 2024

Joann approves $400K CFO retention bonus amid bankruptcy speculation

The struggling craft supplies retailer approved the bonus as it continues its hunt for a permanent CEO while facing liquidity and inventory challenges.

By Grace Noto • March 15, 2024

Ex-Trulieve CFO sued over alleged scheme to ‘raid’ corporate coffers

The former CFO is accused of misappropriating hundreds of thousands of dollars for personal expenses, all under the pretense of business-related costs.

By Alexei Alexis • March 14, 2024

Rockefeller Foundation’s new CFO: Climate crisis is a ‘big motivator’

Keith Olson took the finance reins of the 111-year-old philanthropic powerhouse earlier this month. He is an alum of the Bill & Melinda Gates Foundation.

By Maura Webber Sadovi • March 14, 2024

Popeyes parent names new CFO in leadership shakeup

The company named Sami Siddiqui as its CFO while Jeff Klein will fill Siddiqui’s previous role as president of Popeyes U.S. 

By Julie Littman • March 14, 2024

Apex Fintech CFO looks to identify key skill gaps ahead of potential IPO

Nasdaq alum Chantal Wessels is aiming to identify the critical skill sets and technologies Apex might need as it consolidates its plans for an IPO.

By Grace Noto • March 13, 2024

EU lawmakers pass sweeping AI rules with global reach, stiff penalties

Penalties include up to €35 million or 7% of a company’s total worldwide annual turnover — whichever is higher — for violations of a ban on “emotion recognition” in the workplace.

By Alexei Alexis • March 13, 2024

HSBC alum returns as Americas CFO

Andrew Fullam is returning to the London-based bank about a year after leaving to head up Enterprise Financial Planning & Analysis at Wells Fargo.

By Maura Webber Sadovi • March 13, 2024

Affirm CFO swears off auto lending, for now

The buy now, pay later company seeks to be involved in more consumer spending opportunities, but finance chief Michael Linford all but ruled out auto lending.

By Caitlin Mullen • March 13, 2024