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

Explore the Trendline➔

CFO best practices in the evolving generative AI era

As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.

By CFO Dive staff

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

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

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

Fiserv CFO discloses acquisitions

Fiserv spent $1 billion on acquisitions in 2022,  in part helping to growing its international business, said Fiserv CFO Bob Hau. The spending follows workforce cuts and shuttered business units by the company.

By Caitlin Mullen • Feb. 7, 2023

Volvo begins hunt for new finance chief following CFO’s resignation

The 25-year company alum is stepping down from the CFO position after a year in the role.  

By Grace Noto • Feb. 6, 2023

Tyson Foods ‘hit in the mouth’ with disappointing earnings

The meat processor is facing unusual pressures across its chicken, pork and beef segments, executives said on Tyson Foods' earnings call Monday.

By Elizabeth Flood • Feb. 6, 2023