Pitney Bowes CFO taps robots, targets more shipping

U.S. parcel shipping volume rose 6% in 2021 to a record high of 21.5 billion from 20.3 billion in 2020, according to the Pitney Bowes Parcel Shipping Index.

By Maura Webber Sadovi • June 17, 2022

Affirm CFO takes on BNPL skeptics, shrugs off new competition

Apple's entry into the buy now-pay later market isn't a concern for Affirm, the company's Chief Financial Officer Michael Linford asserted Tuesday.

By Jonathan Berr • June 17, 2022

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

Icahn sues, questions 'basic integrity' of trillion-dollar CMBS market

The suit comes as the pandemic accelerated changes in shopping and work habits that drive how retail and offices are used and valued, leaving financial executives to grapple with rising uncertainty around how to assess commercial real estate holdings. 

By Maura Webber Sadovi • June 17, 2022

Comera Life Sciences taps Boston Scientific veteran for CFO role

Boston Scientific alum Michael Campbell will act as CFO for recently public life sciences Comera, taking the helm approximately one month following the company’s SPAC merger.

By Grace Noto • June 16, 2022

Practical tips for forging a stronger CFO-COO partnership

The duo needn’t be good friends, but the CFO and COO do need to trust each other as transparency and accountability are key.

By Julie Iskow and Jill Klindt • June 16, 2022

Intel CFO sees diversification as key to combating supply chain challenges

Companies must move to increase buffer inventory, foster diverse supply chains in face of geopolitical challenges, said Intel CFO David Zinsner.  

By Grace Noto • June 15, 2022

Citi CFO sees support for more Fed moves to stave off inflation

Citigroup CFO Mark Mason is one of a number of top bank executives who have recently raised the prospect of a U.S. recession.

By Maura Webber Sadovi • June 14, 2022

Dallas CFO resigns as city leaders mull removing city manager

Elizabeth Reich, who has served as CFO for the city of Dallas for five years, issued her resignation in a letter to City Manager T.C. Broadnax. City officials are set to convene to discuss Broadnax’s job performance Wednesday.

By Grace Noto • June 14, 2022

State Street looks to reduce bank spend, increase digital transformation

To navigate a “constantly changing” macro-economic environment, State Street is focusing on reducing its day to day technology spend in favor of more strategic operational investments in AI, automation and like technologies, according to its CIO and CFO.

By Grace Noto • June 13, 2022

Visa CFO sees long runway with cash-to-card transition

The largest U.S. credit card network company sees plenty of future growth opportunity as payments digitization prompted by COVID-19 remains in an early stage, Visa Chief Financial Officer Vasant Prabhu said at recent investor conferences.

By Caitlin Mullen • June 13, 2022

How SEC ESG disclosure rules will impact private companies

The responsibility for overseeing how environmental impacts are tracked and measured is expected to fall mainly on CFOs.

By Robert Freedman • June 10, 2022

Fitch still on hunt for acquisitions, CFO says

“As the world is entering into a less accommodating operating environment we need to continue to work on ways to grow our revenue,” Fitch CFO Tracey Perini said.  

By Maura Webber Sadovi • June 9, 2022

SaaS firm Exiger taps OpenTable, Xoom alum for CFO seat

Former OpenTable Controller Matt Hibbard will serve as CFO for global risk and compliance SaaS service Exiger.

By Grace Noto • June 9, 2022

Tips for CFOs advancing ESG: Gartner

Finance chiefs facing increased pressure to implement sustainable initiatives can take several steps to make sure the programs succeed and drive business value. 

By Maura Webber Sadovi • June 8, 2022

Tanger REIT abruptly ousts CFO, 28-year company veteran

Tanger Factory Outlet Centers begins the hunt for a new CFO after ousting 28-year company veteran James Williams as CFO, Treasurer and EVP, a company filing shows.

By Grace Noto • June 6, 2022

'Social inflation' increasing severity, frequency of litigation against companies

In a self-reinforcing loop, more claimants seek bigger awards and more frequently get them, an analysis by a global insurance support company says.

By Robert Freedman • June 6, 2022

Global Payments taps insider, former BofA exec, as next CFO

Josh Whipple, a former investment banker, is taking the finance reins as the company has indicated it expects to return to M&A as "valuations reset," according to a Baird Equity Research report.  

By Maura Webber Sadovi • June 3, 2022

Manufacturers shift tactics to stay ahead of ingredient, edible oil turmoil

CFOs grappling with supply chain friction can learn from food companies that have had to stay flexible as war, weather and export bans pressure ingredient supplies.

By Samantha Oller • June 3, 2022

Repay CFO uses 5% raises, retention packages to win workers

While some payments players have pared jobs, Repay CFO Timothy Murphy plans to continue hiring and said there's been "no slow down in growth for our core markets."

By Maura Webber Sadovi • June 2, 2022

Stanley Black & Decker CFO makes jump to CEO seat

Stanley Black & Decker CFO Donald Allan, Jr. will take over as CEO next month, following a surge in internal promotions of CFOs to CEO chairs at Fortune and S&P 500 companies.

By Grace Noto • June 1, 2022

New INX CFO urges crypto-mainstream compatibility

The company's launch last year of the the first digital security token to be registered with the Securities and Exchange Commission serves as a blueprint for other companies that may be looking to raise capital from alternative assets.

By Grace Noto • May 31, 2022

WeWork taps former NCR, GE exec as latest CFO

WeWork's C-suite has been grappling with a revolving CFO door: Andre Fernandez is its third finance chief since March 2020.

By Grace Noto • May 27, 2022

Bank of America boosts minimum wage to $22 per hour

The pay raise comes as financial executives across industries are strategizing over how to hold on to employees in one of the tightest labor markets in decades. 

By Robin Bradley • May 25, 2022

How one CFO used ERP to tackle COVID-19 testing

Updating Impact Health’s manual finance systems as demand for testing soared felt like “building a 747 in the air,” CFO Jennifer Herdler said.

By Maura Webber Sadovi • May 25, 2022

Moderna's CFO says scaling, hiring are constraints

David Meline, who joined Moderna as CFO in June 2020, was brought back within the week of his retirement earlier this month to replace the ousted Jorge Gomez.

By Maura Webber Sadovi • May 23, 2022