Leadership: Page 63
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Accounting firms zero in on efficiences
The narrative has changed this year, with the drive for efficiency replacing talent as the top priority for accounting firms.
By Elizabeth Flood • Feb. 17, 2023 -
DoorDash shuffles CFO to COO
DoorDash said it will move its current CFO to its COO position and swap in its vice president of finance and strategy for the top financial seat.
By Grace Noto • Feb. 17, 2023 -
Explore the Trendline➔
alexyz3d via Getty ImagesTrendlineNavigating risk in turbulent times
CFOs must help their organizations mitigate risks by balancing the need for both growth and stability.
By CFO Dive staff -
Opinion
Financial services, Black America and the evolution of DEI
Despite the rise of corporate diversity initiatives, Christopher Johnson writes systemic hurdles still keep many minorities from working in finance.
By Christopher Johnson • Feb. 17, 2023 -
Visa CFO to exit
Vasant Prabhu, the company’s chief financial officer since 2015, will leave Visa in September, the company said Thursday.
By Caitlin Mullen • Feb. 17, 2023 -
Paymentus hands interim CFO severance benefits
The company called the severance benefits’ approval a formality. But one expert said it is likely a retention strategy designed to encourage the interim CFO to “stick around.”
By Maura Webber Sadovi • Feb. 16, 2023 -
A one-way ticket to ServiceNow’s CFO seat
From heartbreak to the financial helm, Gina Mastantuono has had her fair share of pivotal challenges on her way to the top.
By Elizabeth Flood • Feb. 16, 2023 -
CFOs aim to expand budgets for sales, supply chain
CFOs are preparing to bump up spending in sales, corporate IT and supply chain, but are keeping a close watch on economic conditions before shelling out new funding.
By Grace Noto • Feb. 16, 2023 -
Airbus names new CFO after 5-month search
The current CFO is set to depart on March 3, leaving a senior executive to fill in until the new finance chief arrives in the fall, the company said.
By Alexei Alexis • Feb. 16, 2023 -
KPMG cuts nearly 2% of US staff
KPMG’s layoffs affect close to 700 U.S. workers in the Big Four firm’s advisory business, according to a source familiar with the matter. The employees were notified Wednesday.
By Maura Webber Sadovi • Feb. 16, 2023 -
Inflation tops concerns weighing on CFOs
Amid economic uncertainty, financial forecast accuracy, liquidity, cash flow, and capital structure will be among top priorities for CFOs this year, according to a study.
By Alexei Alexis • Feb. 15, 2023 -
Strategizing tech investments key for ROI: Coupa CFO
As AI evolutions make their way into the finance function, Tony Tiscornia shares why CFOs should focus on the quickest ‘bang for your buck’.
By Elizabeth Flood • Feb. 15, 2023 -
Automation to reshape finance job descriptions
With a continued focus on automation in the job function, CFOs need to be prepared for job creation outside of traditional accounting.
By Elizabeth Flood • Feb. 14, 2023 -
More CFOs eye the top seat: report
Of CFOs who take new roles, about 80% are opting for non-CFO jobs, according to a report about CFO “flight risk” from management consulting firm Russell Reynolds.
By Elizabeth Flood • Feb. 13, 2023 -
ASOS names second interim CFO amid turnaround plans
Online fashion retailer ASOS swapped interim CFOs as it attempts to fend off economic headwinds and boost profitability.
By Grace Noto • Feb. 13, 2023 -
Credit Suisse reportedly pulls C-suite, banker bonuses
The Swiss bank is aiming to incentivize executives with long-term awards as it attempts to return to profitability. It reported its second consecutive annual net loss.
By Grace Noto • Feb. 10, 2023 -
Middle market CFOs face revenue, spending dichotomy: study
Although a majority of middle market CFOs expect increased revenue in 2023, only 18% plan to increase spending to support that growth, according to a recent study.
By Elizabeth Flood • Feb. 10, 2023 -
Ratio Therapeutics CFO gets due-diligence ready
The new biotech firm’s CFO wants to make sure the young company is always able to answer questions potential investors may have.
By Maura Webber Sadovi • Feb. 9, 2023 -
Opinion
How CFOs can combat inflation’s supply chain squeeze
Just-in-time inventory logic can appeal to boards. Michael Poveda argues CFOs should consider stockpiling inflation-sensitive products and materials.
By Michael Poveda • Feb. 9, 2023 -
CFOs urged to take front line leadership
Transitioning from a behind-the-scenes orchestrator to more of a front line role can help finance chiefs add further value to their companies, Customer.io CFO Zhi Li said.
By Grace Noto • Feb. 9, 2023 -
Disney cuts 7,000 workers with laser focus on streaming business
The Mouse House is slashing 3.6% of its workforce after CEO Bob Iger’s recent return to his role.
By Elizabeth Flood • Feb. 9, 2023 -
Chipotle CFO hopes for ‘reasonably tame’ inflation
The burrito chain is bracing for the possibility of inflation-induced pressure on ingredients such as beef.
By Alexei Alexis • Feb. 8, 2023 -
Q&A
Watch for accidental fraud, forensic accounting expert says
Kelly Richmond Pope believes CFOs need to understand what motivates three types of fraud perpetrators: the intentional, the accidental and the righteous.
By Maura Webber Sadovi • Feb. 8, 2023 -
VinFast US CFO included in North America layoffs: report
The cuts come as the company is consolidating its Canadian and U.S. strategic business and management operations into a single unit that will be known as VinFast North America.
By Alexei Alexis • Feb. 7, 2023 -
Pinterest CFO to depart following weak quarter
Todd Morgenfeld’s departure follows mediocre quarterly results from the social media service, which is facing a slowdown in ad spending.
By Grace Noto • Feb. 7, 2023 -
Bed Bath prices offering to avoid bankruptcy, taps new CFO
The investor deal comes as the beleaguered home goods retailer ushers in a new interim CFO with experience in turnarounds.
By Nate Delesline III • Feb. 7, 2023