Survey: Finance among least diverse corporate departments

Gartner's Labor Market Survey finds people of color comprise just 11% of the total workforce in corporate finance, and just 6% of senior finance roles.

By Jane Thier • March 2, 2021

Joby Aviation shares SPAC plans, hires Ford CFO

Joby, which intends to operate a zero-emissions aircraft by 2024, raised nearly $600 million last January in a funding round led by Toyota, and acquired Uber's flying taxi division last December.

By Jane Thier • Feb. 25, 2021

Explore the Trendline➔

Navigating risk in turbulent times

CFOs must help their organizations mitigate risks by balancing the need for both growth and stability. 

By CFO Dive staff

GameStop CFO to resign; successor expected to lead 'transformation'

Jim Bell's tenure, less than two years in length, has been marked by retail store closures, depressed sales and a historic trading fiasco from which the brand is still recovering.

By Jane Thier • Feb. 24, 2021

iHeartMedia exec moves to RV rental site Outdoorsy as CFO-COO

Michael Dougherty, who joined the company on Jan. 1, said the outdoor living marketplace is worth $1 trillion and growing amid the pandemic. 

By Jane Thier • Feb. 23, 2021

As restaurants recover, their success formula will change

Off-premise innovations like ghost kitchens will characterize the industry going forward, a Duff & Phelps analysis says.

By Robert Freedman • Feb. 22, 2021

General Mills CFO: 'Our job is to be competitive regardless of demand'

Kofi Bruce said the food corporation has been "governed by a philosophy that the demand environment will be what it will be.”

By Jane Thier • Feb. 21, 2021

Veteran CFO: Breadth of jobs key to career path

Spending too much time in one role can make it harder to rise, former NetSuite CFO Ron Gill says.

By Robert Freedman • Feb. 21, 2021

3M CFO moves to Rockwell

Nicholas Gangestad, a 35-year veteran of 3M, will step in at Rockwell, whose former CFO moved to Carrier Corp. last year.

By Jane Thier • Feb. 18, 2021

Dramatic layoffs 'kindest' approach to pandemic, restaurant CFO says

Innovations like a retro-styled TV dinner helped boost kitchen productivity and gave employees more hours, Robert Linder, CFO of Lazy Dog Restaurant & Bar said.

By Robert Freedman • Feb. 18, 2021

How SoftBank VC CFO turned finance into strategic asset

Navneet Govil built a data tool to provide the investment fund’s executives and limited partners with insights from portfolio companies’ financial data.

By Robert Freedman • Feb. 16, 2021

Rolls-Royce taps Deloitte exec as CFO

Panos Kakoullis will succeed outgoing CFO Stephen Daintith, who announced his resignation in August 2020.

By Jane Thier • Feb. 16, 2021

PepsiCo CFO: 'The world is permanently shifted'

Hugh Johnston credited the company's successful fourth quarter to its commitment to understanding its new, evolving environment. 

By Jane Thier • Feb. 15, 2021

In IPO preparation, Asian e-grocer Weee hires first CFO

The online grocer specializing in hard-to-find Asian foods became profitable in 2020. Its new CFO, Ankur Shah, says its sights are now set on growth, expansion and a public listing.

By Jane Thier • Feb. 11, 2021

Twitter CFO: Jump in January users after Trump ban

The social media platform added more daily active users in January, the month Trump was banned, than the average of the last four Januarys, Ned Segal told CNBC. 

By Jane Thier • Feb. 10, 2021

Data model helps CFO see forest for the trees

Tom Berquist, CFO of software company TIBCO, applies Wall Street experience to help make acquisitions work, whether they involve hot new companies or old workhorses. 

By Robert Freedman • Feb. 10, 2021

Lilly CFO steps down after investigation found 'inappropriate' behavior

Josh Smiley had engaged in "consensual though inappropriate" personal communications with certain employees, according to Lilly. Anat Ashkenazi, CFO of Lilly Research Laboratories, will replace him.

By Jacob Bell • Feb. 9, 2021

Balancing trade-offs as a CFO leadership skill

Aryaka CFO Brad Kinnish uses hard-won communication skills to help colleagues, board members and investors weigh competing priorities.

By Robert Freedman • Feb. 9, 2021

Hershey's CFO: Stay-at-home mandates 'played to our strengths'

When 2020 showed "just how precious" family rituals and traditions are, classic Hershey's products reaped the benefits, CFO Steve Voskuil said.

By Jane Thier • Feb. 8, 2021

Procurement and finance, it's time to cast your tensions aside

The finance team's input and expertise can help complex procurement activities, laying the building blocks for collaboration.

By Rich Weissman • Feb. 8, 2021

Big-company CFO departures spiked amid COVID-19

CFOs who have left their post are not in a hurry to jump into another big-company CFO role, a Wall Street Journal analysis found.

By Robert Freedman • Feb. 8, 2021

Chipotle remains 'impressive' despite share price drop, CFO says

Despite the pandemic, in no region has Chipotle’s digital business dropped below 40%, which is CFO Jack Hartung’s "rough floor" for online sales, he told Barron’s.

By Jane Thier • Feb. 7, 2021

CFO's pricing metric helped SaaS company get through COVID-19

Smart pricing allowed process management software provider Cherwell to get the most from its subscribers while new business languished.

By Robert Freedman • Feb. 4, 2021

L Brands CFO of 14 years to retire; Victoria's Secret sale could be next

Stuart Burgdoerfer will oversee the separation of the retail giant's lingerie business from Bath & Body Works before he leaves in August, the company said.

By Daphne Howland • Feb. 4, 2021

Merck CFO promoted to CEO

Frazier, who's retiring after a three-decade career at Merck, will hand the reins to CFO Robert Davis at the end of June.

By Ned Pagliarulo • Feb. 4, 2021

Amazon CFO allays investor concerns regarding Bezos, Jassy

On an earnings call Tuesday, Brian Olsavsky assured investors CEO Jeff Bezos is "not leaving" the company, and will maintain his hand in decision-making as executive board chairman.

By Jane Thier • Feb. 3, 2021