CEOs ranked as top drivers of CFO retention

The quality of the CEO-CFO relationship trumps other factors for finance chiefs when it comes to deciding whether to stick with an organization, according to a survey.

By Alexei Alexis • March 10, 2023

Meta to slim teams, lean on AI in year of efficiency, CFO says

Meta will be reevaluating its teams and projects, while also aiming to invest in key areas like AI and automation to drive its year of efficiency, CFO Susan Li said.

By Grace Noto • March 10, 2023

Explore the Trendline➔

Digital 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

Allbirds replaces CFO with ex-Adidas exec

The Silicon Valley favorite sneaker brand is the second direct-to-consumer brand this week to report disappointing earnings and a CFO transition.

By Elizabeth Flood • March 10, 2023

Regulators take over Silicon Valley Bank

The California Department of Financial Protection and Innovation closed the embattled bank and appointed the FDIC as receiver, regulators said Friday.

By Anna Hrushka • March 10, 2023

Walmart bets on digital retail future, CFO says

The retail giant is focusing on in-store technology and logistics improvements and positioning stores as distribution points for online shopping.

By Suman Bhattacharyya • March 9, 2023

CFO base pay raises outpace CEOs’

Finance chiefs edged out top executives for salary increases on average, though CEOs saw higher gains in total compensation.

By Grace Noto • March 9, 2023

Allstate focused on profitability first, growth second

CFO Jess Merten outlined the company’s strategy as its largest competitors take an opposite approach.

By Elizabeth Flood • March 9, 2023

PayPal CFO hits the exit

PayPal CFO Blake Jorgensen, who has been on a medical leave since September, left his role Tuesday.

By Lynne Marek • March 8, 2023

CrowdStrike revenue soars amid high cyber demand

The cybersecurity company reported record financial results in spite of macroeconomic headwinds.

By Alexei Alexis • March 8, 2023

Stitch Fix CFO to exit as declines persist

Dan Jedda, who came from Amazon about two years ago, in May will become chief financial officer at Roku, as the box e-retailer continues its CEO search.

By Daphne Howland • March 8, 2023

Expedia alum takes Sonder CFO seat

The hospitality platform announced a new finance chief as it looks to reach positive quarterly cash flow in 2023 while facing a murky economic environment.  

By Grace Noto • March 7, 2023

Scotts still targeting cannabis sector, CFO says

The over 150-year-old company — better known for its lawn and garden products — has become one of the biggest players in the emerging cannabis market.

By Maura Webber Sadovi • March 7, 2023

Bank, finance leaders brace for rate volatility

The majority of leaders at financial institutions say interest rates will drive business model guidance this year but few are leveraging financial data to support these changes.

By Elizabeth Flood • March 7, 2023

Paymentus picks ex-TiVo exec for CFO

The electronic billing and payment company’s CFO hire comes less than a month after it handed a change in control and severance agreement to its then interim CFO.

By Maura Webber Sadovi • March 6, 2023

Generative AI a ‘game-changer’ but businesses are worried about the ethics

Most executives plan to prioritize generative AI over the next year and a half, Salesforce research shows.

By Roberto Torres • March 6, 2023

Software firm Ramp closes $5M seed round

The funding will help with hiring additional staff and onboarding new clients, the company’s CEO told CFO Dive.

By Alexei Alexis • March 6, 2023

Sallie Mae CFO enters retention plan

The private student loan provider is on the hunt for a new CFO as the Biden administration’s forgiveness program is on hold.

By Elizabeth Flood • March 6, 2023

CFO takeaways from Biden cyber plan

The Biden administration’s new 35-page report, released last week, calls for increased regulation and warns that some U.S. companies are not doing enough to respond to escalating cyber threats.

By Alexei Alexis • March 6, 2023

Pay plan rejections hit record high

Last year the rejections of Russell 3000 Index companies’ pay packages hit the highest annual level since the non-binding say-on-pay votes became mandatory in 2011.

By Maura Webber Sadovi • March 3, 2023

Verizon CFO set to exit amid reshuffling

The coming departure and replacement of the telecom company’s CFO is one part of a broader reshuffling within its leadership ranks.

By Alexei Alexis • March 3, 2023

Dell taps insider for CFO, issues cautious 2023 outlook

Dell’s corporate controller will take the CFO reins as the company faces waning PC demand and other economic headwinds.

By Grace Noto • March 3, 2023

Auto insurer Root fires CFO

The Columbus, Ohio-based insurer Root, which has a history of net losses, partnered with online used-car retailer Carvana in 2021. 

By Maura Webber Sadovi • March 2, 2023

CFOs struggle to move past ‘transactional’ responsibilities

CFOs are ready to drive innovation at their organizations, but it may be hard for them to shake off the role of the nay-saying finance leader, according to a recent study.

By Grace Noto • March 2, 2023

Unlocking the ‘right’ combination to digital transformation

Only 34% of large companies showed signs of being strategic about their technology investments in financial disclosures, according to a recent report from Deloitte.

By Elizabeth Flood • March 2, 2023

Doth Buffett protest GAAP too much?

Warren Buffett — CEO of Berkshire Hathaway and one of the world’s most renowned investors — didn’t disappoint fans of his folksy, acerbic writing in his latest shareholder letter. 

By Maura Webber Sadovi • March 1, 2023