New Blaze Pizza CFO: 'We all have to assume the world will get back to normal'

Brad Reynolds left the ghost kitchen industry for fast-casual, a beleaguered restaurant segment he believes is poised for a comeback, he told CFO Dive.

By Jane Thier • April 16, 2021

Wells Fargo CFO: consumers 'clearly in good shape'

The bank sees improvement in home lending, investment banking and wealth management, among other business lines, CFO Michael Santomassimo said after reporting 661% year-over-year net income growth. 

By Jane Thier • April 15, 2021

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

Novavax CFO steps down after 5 months

Greg Covino will be leaving the CFO role at a critical point for the vaccine manufacturer, which last week announced it would be expanding clinical trials of its COVID-19 vaccine candidate to include children and teens.

By Jane Thier • April 14, 2021

Despite gains in hard-hit sectors, be realistic on valuations

The outlook across sectors is better than expected, but forecasts must be achievable.   

By Brian Garfield • April 14, 2021

CFO hit home run as Mets assistant controller

Rebecca Mahadeva is bringing to the healthcare advertising industry the same accounting efficiencies she brought to the storied New York ball club.

By Robert Freedman • April 13, 2021

Raytheon CFO abruptly departs

The defense contractor's VP of FP&A, Neil Mitchill, replaced Anthony O’Brien, its CFO since 2015, on April 7.

By Jane Thier • April 12, 2021

Risky career moves helped CFO land top seat

Kevin Ingram leveraged operational roles to prepare him for finance leadership at commercial property insurer FM Global. 

By Robert Freedman • April 9, 2021

Former Vrbo CFO on moving from vacation space to wellness

Trent York, who worked on Vrbo's IPO and later sale to Expedia, is now leading finance at Restore Hyper Wellness, which provides cryotherapy and infrared saunas, among other holistic wellness services.

By Jane Thier • April 9, 2021

Model discounts into pricing, SaaS specialist says

Rather than leave discounting to a sales rep’s discretion, calculate strategically and offer transparent pricing, SaaStr founder Jason Lemkin says.

By Robert Freedman • April 8, 2021

Charles Schwab Bank CFO moves to IPG Mediabrands

Marlene Pelage replaces CFO Guy Beach, who becomes global president at the media and marketing solutions division of ad giant Interpublic Group.

By Jane Thier • April 8, 2021

Coinbase's direct IPO could be hard act to follow

High name recognition and strong investor interest are needed to go public when there’s no big underwriter or a road show to generate excitement, a capital raise specialist says.

By Robert Freedman • April 7, 2021

Ahead of logistics business spinoff, XPO taps new CFO

The supply chain giant with clients including Nestlé, IKEA and Boeing on Tuesday named Baris Oran CFO of its soon-to-be spinoff company, GXO Logistics.

By Jane Thier • April 7, 2021

At logistics company Transfix, former WeWork CFO is prioritizing balance

The most important thing for a high-growth company is to balance long-term aspirations with the day-to-day work, Christian Lee told CFO Dive.

By Jane Thier • April 6, 2021

New SaaS CFO to focus on deal pricing

Enterprise search technology company Sinequa is sitting on cash, freeing up finance chief Mark Williams to focus on growth, metrics, and deal support.

By Robert Freedman • April 6, 2021

SEC accounting chief cautions on SPAC rush

The newly popular IPO alternative is often completed in months, a short time frame that can make public compliance rules hard to meet, a top federal official says.

By Robert Freedman • April 5, 2021

More companies using hybrid auction in lieu of traditional IPO

The process can lead to more market-based initial pricing while giving companies control over share allocations.

By Robert Freedman • March 31, 2021

Private company CFOs excited about, but wary of, SPACs

Grant Thornton's quarterly CFO survey also finds CFOs prioritizing investments in ESG, diversity and tech. 

By Jane Thier • March 31, 2021

Companies said to need deeper data dives to improve metrics

Data lakes contain much more information than CFOs typically use to track performance, data specialists say. 

By Robert Freedman • March 30, 2021

Shake Shack CFO to become CEO of TMRW Life Sciences

Tara Comonte will take the reins in May at the biotech company focused on in vitro fertilization.

By Jane Thier • March 30, 2021

After digital payments rush, time to tighten security

Don't be surprised if a vendor you're about to pay turns out to be fraudulent. ACH and other types of cyber fraud surged during the pandemic. 

By Angela Anastasakis • March 30, 2021

CFO used automation to turn back-office function into value driver

LivePerson finance chief John Collins brought in top data scientists and engineers to build a data system that increased growth and improved margins.

By Robert Freedman • March 29, 2021

Noodles & Company's new CFO talks how ghost kitchens, drive-thrus will shape the chain's future

Carl Lukach, who started at the chain in November, says 70% to 80% of the stores built this year will have a drive-thru pickup window.

By Julie Littman • March 29, 2021

CFOs predict massive revenue growth, greater ESG focus: survey

Eighty-one percent of CFOs expressed optimism towards economic recovery in PwC's latest Pulse survey, topping the broader C-suite’s positive outlook of 76%. 

By Jane Thier • March 26, 2021

Ahead of potential IPO, TikTok parent company hires first CFO

Shou Zi Chew will arrive from Xiaomi, the third-most valuable publicly traded smartphone maker, behind Apple and Samsung. 

By Jane Thier • March 25, 2021

A winning agenda for the CFO's first 90 days

Best-in-class finance functions’ total costs are consistently in the range of 0.3% to 1.0% of sales, a benchmark for CFOs as they compare their finance function with that of peers on the basis of head count and costs.   

By Hardik Sheth • March 24, 2021