CFO collaboration with CIO is crucial amid COVID-19

The CFO is adept at measuring costs, managing the balance sheet and navigating murky waters. But determining capabilities and staying ahead of tech trends requires partnership with the CIO.

By Tony Tricarichi • May 13, 2020

Survey: CFOs hopeful, employees wary, 2 months into pandemic

While CFOs are growing increasingly optimistic about their business' adaptability and ability to recover, employees remain uncertain, a new PwC survey finds.

By Jane Thier • May 12, 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

Survey: Amid ongoing disruption, CFOs double down on cutting jobs

CFOs are cutting real estate spend, sales reward trips, social media marketing and service provider contracts, expecting they are unlikely to return to previous funding levels once revenues rebound, a new Gartner survey shows.

By Jane Thier • May 11, 2020

How to become CFO, mid-pandemic

Juan Carlos Barreto stepped in as CFO of telecom supplier Tekmovil on April 30. He told CFO Dive how he's managed his new team over Zoom and continued hiring all through the second quarter.

By Jane Thier • May 7, 2020

Ahead of workers' strike, Amazon CFO calls first quarter 'gut-wrenching'

On an earnings call one day before the International Worker's Day walkout, CFO Brian Olsavsky commended Amazon employees, but neglected to comment on the policies they are protesting.

By Jane Thier • May 4, 2020

Bed Bath & Beyond replaces CFO as stores continue shuttering

CFO Robyn D'Elia exits after two years with the company, as CEO Mark Tritton looks to turn around the struggling home goods retailer.

By Caroline Jansen • May 1, 2020

How a fintech CFO preserves long-term ambition through cost-cutting amid pandemic

As the coronavirus pandemic brings fast-growing startup culture to its knees, fintech CFO Catherine Birkett advises balancing long-term ambition with near-term KPIs.

By Jane Thier • April 29, 2020

Survey: 42% of CFOs lack contingency plans for a 2nd COVID-19 wave

A second wave could mean another drop in customer demand that CFOs' revenue and profit models won't capture, a Gartner Finance research vice president said.

By Jane Thier • April 28, 2020

Survey: As states reopen, CFOs prioritize cost containment, safety measures

CFOs will focus on reducing costs and keeping their workplace safe as stay-at-home mandates lift and employees slowly return to work, a new PwC survey reveals.

By Jane Thier • April 27, 2020

6 Guidelines for CFO crisis leadership

Of the entire c-suite, CFOs are best-positioned to guide their companies through the pandemic, CFO Leadership Council President Jack McCullough said.

By Jane Thier • April 25, 2020

Chipotle CFO: 'Our worst days have passed'

By revamping its business around online advertisements and free delivery, Chipotle has weathered the pandemic better than many restaurant chains. But what will its dining experience look like next year?

By Jane Thier • April 23, 2020

Boeing CFO tapped to lead new enterprise operations group

The group will help get the company back into competitive mode as it restarts commercial airplane operations in Washington State later this week. 

By Jane Thier • April 22, 2020

How CFOs can lead through the coronavirus crisis — and beyond

A focus on people, clear information to stakeholders and long-term value creation can lead your organization through the crisis, the head of the International Federation of Accountants said to finance leaders.

By Kevin Dancey • April 22, 2020

American Eagle Outfitters names new CFO

Mike Mathias first went to work at the apparel retailer in 1998, managing the finances of stores and operations, and has replaced Bob Madore. 

By Daphne Howland • April 22, 2020

Annapurna Pictures lays off CFO amid entertainment business freefall

As movie theaters shutter and production halts, entertainment companies are slashing executive pay and laying off mid-level employees. 

By Jane Thier • April 21, 2020

Harvard CFO: Must cut non-essential spending, despite $41B endowment and stimulus aid

After the Dept. of Education announced Harvard would be receiving $9 million from the CARES Act, many expressed outrage. But that cash may be more vitally needed than appearances suggest, university CFO Thomas J. Hollister said.

By Jane Thier • April 20, 2020

Lululemon CFO to depart amid pandemic for Asbury Automotive

Without its CFO at the helm, Lululemon faces an uncertain future. "There are many more tough positions ahead, including how they pay staff amidst capital expenditure cuts," Neil Saunders of GlobalData Retail said.

By Jane Thier • April 17, 2020

Survey: Half of CFOs expect 30% revenue decline in 2020

As the coronavirus pandemic rolls ahead, CFOs begin forecasting their year-end losses, according to a Gartner survey of senior finance leaders.

By Jane Thier • April 16, 2020

Potbelly, MOD Pizza hire CFOs in show of mid-pandemic optimism

The two fast casual companies have their eyes on the future with the naming of new finance chiefs. MOD Pizza's Josh Guenser shares with CFO Dive how he's balancing his onboarding with crisis planning.

By Jane Thier • April 15, 2020

COVID-19 'first real test' of digitization for office of CFO

"All the older stuff was just feel-good," said Genpact's Sanjay Srivastava, as CFOs have to manage significant declines in finance teams' productivity.

By Jane Thier • April 14, 2020

Survey: Half of CFOs expect a return to normal by Q3

Only 9% of CFOs surveyed by CFO Magazine expect a sustained recession, with economic activity not picking up until 2022.

By Jane Thier • April 13, 2020

Surpassing 1M subscribers, Duolingo hires first CFO

The language learning app has seen a 108% jump in sign-ups around the world, and a 148% jump in the United States. Hiring its first CFO during the pandemic may signal the Pittsburgh-based unicorn's IPO ambitions. 

By Jane Thier • April 8, 2020

USA TODAY parent taps WeWork controller as new CFO

Douglas Horne arrived at Gannett, the parent company of over 250 newspapers, including USA TODAY, on Tuesday, as the company furloughed non-essential staff and suspended its dividend amid the coronavirus pandemic.

By Jane Thier • April 7, 2020

Macy's CFO to depart in late May

Paula Price, who arrived in the post in 2018, was set to oversee the department store's latest turnaround attempt, unveiled in February.

By Daphne Howland • April 7, 2020

Survey: 62% of CFOs to cut selling, administrative budgets

Dialing back on sales force activity is a way to force functional leaders to tighten their belts, but it might hurt in the long-term, Gartner survey findings suggest. 

By Jane Thier • April 6, 2020