Tesco taps former Mondelez, Kraft exec as finance chief

Imran Nawaz will take the helm at Britain's largest grocery chain in April, the company announced Wednesday.

By Jane Thier • Oct. 8, 2020

Survey: 1 in 3 employers to lower 2021 pay raises

Despite pandemic-related concerns about profitability and budgeting, two-thirds of employers expect to fund annual short-term bonuses in 2021.

By Jane Thier • Oct. 7, 2020

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

How CFOs speak truth without alienating colleagues

Silicon Valley veteran Maynard Webb says good finance leaders find a way to protect integrity without unnecessary business disruption.

By Robert Freedman • Oct. 7, 2020

Target FP&A head tapped as new Papa John's CFO

Ann Gugino "brings deep experience in the consumer and retail sector, including driving demand and profitability across digital and traditional commerce at Target," Papa John’s president and CEO Rob Lynch said.

By Jane Thier • Oct. 6, 2020

Siemens USA CFO: Outward-focused finance team essential

Computation skills must be the starting point, not the limiting factor, for staff to realize full potential, Marsha Smith says.

By Robert Freedman • Oct. 3, 2020

PepsiCo CFO on issuing guidance for first time since April

"We have pretty good visibility into the next quarter," Hugh Johnston said. "We feel like we can give investors a reasonable level of confidence in what we expect to deliver."

By Jane Thier • Oct. 3, 2020

Ford announces CFO's departure on new CEO's first day

CEO Jim Farley announced a number of leadership changes on his first day in the role, including CFO Tim Stone's departure for a software company.

By Jane Thier • Oct. 1, 2020

Costco CFO keeps close eye on working capital, inventory

Same-store sales for the members-only retail store rose more than 14% year-over-year in its most recent quarter, which Richard Galanti credits to consistent communication with merchants and suppliers.

By Jane Thier • Oct. 1, 2020

To succeed post-COVID, CFOs need an attitude adjustment

The CFO's past objectives were accommodating stakeholders, delivering the right numbers, and profitability. Now, they must center employee connection, wellness and satisfaction, Replicon CEO Lakshmi Raj says.

By Lakshmi Raj • Sept. 27, 2020

Harvard CFO: 'We cannot do everything everyone wants'

Thomas Hollister said the perception of Harvard University as having unlimited resources is false, and it can't "continue to deficit spend on an operating basis."

By Jane Thier • Sept. 24, 2020

CFO 'filled gas tank' at COVID-19 start to keep company growing

CMS software platform Contentful had a good cash position, but a quickly executed fundraise helped it stay focused on its North Star.

By Robert Freedman • Sept. 24, 2020

CFOs urge C-suite to invest in poverty, climate change causes

A group of CFOs this week, including finance chiefs at Ford and Verizon, published a guide to help companies invest in the United Nations’ Sustainable Development Goals.

By Jane Thier • Sept. 22, 2020

Modeling skills a key shift in FP&A teams, CFOs say

The pandemic has accelerated the trend of new finance hires being expected to bring modeling competency to improve predictive analytics capabilities.  

By Robert Freedman • Sept. 22, 2020

Lime CFO aims for profitability in 2021

As the dockless scooter startup pursues profitability, Andrea Ellis said the company is working towards its ultimate goal — "owning" all trips under five miles.

By Jane Thier • Sept. 21, 2020

Google CFO: In-person work 'key' to fostering innovation

Though Google is letting employees work remotely through July 2021, Ruth Porat said in-person collaboration "within teams and across teams" is critical.

By Jane Thier • Sept. 18, 2020

Using agile planning to return to growth

Having a fully integrated, bottom-up and agile 12-month plan enables you and your team to react quickly when something like the pandemic comes your way. 

By Darrell Cox • Sept. 18, 2020

Dunkin' CFO: Company's westward expansion 'key' to future development

Dunkin's decision to remain open as competitors closed and to open new branches in the South and West have positioned it well for the future, its CFO said Tuesday.

By Jane Thier • Sept. 17, 2020

The cost CFOs refuse to cut: Employee retention

As the pandemic drags on, CFOs are reexamining their budgets and overwhelmingly opting to protect staff retention efforts, fearing the costly departure of top performers.

By Jane Thier • Sept. 16, 2020

FedEx CFO retires, reflects on 40-year tenure, future of company

On his final earnings call Tuesday, Alan Graf Jr. offered a heartfelt retrospective while considering the future. "FedEx would not be the $69 billion globally admired corporation we are today without his leadership," CEO Fred Smith said.

By Jane Thier • Sept. 15, 2020

Survey: CFOs expect rise in corporate tax rates, trade tensions, post-election

Of those CFOs who participated in the PwC survey, 39% said the federal government should implement a strategy to boost domestic production of essential goods to bolster the economy.

By Jane Thier • Sept. 15, 2020

Peloton CFO: Company doesn't 'want, or need, gyms to die' to maintain growth

Jill Woodworth said the company's total recorded workouts, reaching almost 77 million in the quarter, is the KPI of which she is most proud.

By Jane Thier • Sept. 14, 2020

WeWork CFO to depart after 6 months

Kimberly Ross, who joined the embattled commercial real estate company in March, will be replaced by the CFO of its Americas business.

By Jane Thier • Sept. 11, 2020

Carnival Cruise Line CFO moves to The Fresh Market

Jim Heaney's hiring follows the specialty grocer’s appointment of a new CEO in March.

By Sam Silverstein • Sept. 3, 2020

Ernst & Young exec steps in as AccuWeather CFO

Shannon O'Neill, who has worked at Comcast, Golf Channel and Travel Channel, began work at the State College, Pennsylvania-based weather service on Tuesday.

By Jane Thier • Sept. 3, 2020

Following strong Q2, Zoom CFO says video conferencing is here to stay

Even after in-person gatherings return, video conferencing will remain a fixture in business, education and communication, and "will be a part of our lives forever," Zoom finance chief Kelly Steckelberg said.

By Jane Thier • Sept. 2, 2020