Economy struggling in ‘slowcession’: Moody’s

A sudden spike in oil prices poses the biggest threat to U.S. economic growth, Moody’s Analytics Chief Economist Mark Zandi said.

By Jim Tyson • July 11, 2023

How predictive analytics can curb just-in-time inventory pitfalls

CFOs can use predictive analytics to avoid panic buying, anchor price bias and overpaying suppliers, Edmund Zagorin, an executive with the procurement platform Arkestro, writes.

By Edmund Zagorin • July 11, 2023

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

Hanesbrands promotes interim CFO to permanent seat

Scott Lewis, a 17-year company veteran, has been at the financial helm of Hanesbrands on an interim basis since the former CFO Michael Dastugue stepped down for family reasons in January.

By Elizabeth Flood • July 11, 2023

Economic optimism grows as inflation worries ease: McKinsey

Business executives worldwide see growing risks from income inequality and shifts in political leadership, McKinsey said.

By Jim Tyson • July 10, 2023

Oatly taps Pandora alum for CFO

Oatly CFO Marie-Jose David comes to the financial helm of the oat milk maker as the company looks to get “aggressive” this year.

By Elizabeth Flood • July 10, 2023

Business bankruptcies pick up again

Small business bankruptcy filings soared 55% year-over-year. The rise came as changes in the law increased the eligibility filing limits.

By Maura Webber Sadovi • July 10, 2023

US IPOs rise in H1 but lag 2021 boom: EY

Initial public offerings may recover during the second half of this year amid slowing inflation, falling commodity prices and renewed stability in the U.S. banking system, EY said.

By Jim Tyson • July 7, 2023

Tech unemployment inched up in June, employers cautious on future hiring

June saw modest declines for tech job postings, a marker of future hiring plans, CompTIA analysis shows.

By Naomi Eide • July 7, 2023

Paysend’s Biondo banks on $30M media-for-equity deal

The concept of trading ownership stakes for media time may appeal to more firms as marketing spending faces sharper scrutiny.

By Maura Webber Sadovi • July 7, 2023

Uber competitor Bolt appoints new CFO

As the Estonian ride-hailing company looks ahead to an IPO in 2025, Mikko Salovaara, former CFO of Revolut, takes the financial helm.

By Elizabeth Flood • July 6, 2023

M&A plunges 37% during first half of 2023: WTW

Buyers facing tight credit and high interest rates will subject potential acquisitions to intense scrutiny in coming months, WTW said.

By Jim Tyson • July 6, 2023

Trackable ads trump swag as budgets tighten

Marketing spending is facing higher scrutiny as CFOs push trackable advertising over broad brand campaigns.

By Suman Bhattacharyya • July 6, 2023

How to position your organization ahead of FTC’s noncompete rule

Even without knowing what the Federal Trade Commission's final noncompete ban will look like, there are steps GCs can take to be ready.

By Robert Freedman • July 6, 2023

Auddia CFO steps down after a five month stint

Timothy Ackerman is departing from his role as CFO of the AI platform after being appointed in February.

By Elizabeth Flood • July 5, 2023

Some Fed officials favored hiking rates in June

In order to curb inflation, the central bank may need to maintain high borrowing costs longer than predicted by financial markets, Kansas City Fed economists said. 

By Jim Tyson • July 5, 2023

CFOs shouldn’t let high rates hold them back

A capital project that automates a business can yield a positive discounted investment return, Bill Fink asserts. When rates do come down, CFOs can refinance the debt.

By Bill Fink • July 5, 2023

Enovix taps semiconductor exec for CFO

The new finance chief was named just days after the Fremont, California-based company said it had received a purchase order to produce battery cells for the U.S. Army.

By Maura Webber Sadovi • June 30, 2023

Sustainability can boost bottom line: Brand Finance

Companies that fail to live up to consumers’ perceptions of their ESG performance put hundreds of millions in value at risk, according to Brand Finance.

By Jim Tyson • June 30, 2023

Disney: the ‘Game of Thrones’ C-suite

Christine McCarthy left the CFO seat for a family medical leave of absence, but there may be more to the story, according to a Stanton Chase exec.

By Elizabeth Flood • June 30, 2023

CFOs trim growth estimates amid credit squeeze: Fed

The extent of credit tightening triggered by turmoil in the banking system in March is unclear, according to the Federal Reserve.

By Jim Tyson • June 29, 2023

‘More restriction coming’ from Fed rate hikes: Powell

The Federal Reserve will probably not succeed in tamping down inflation to its 2% goal until 2025, Fed Chair Jerome Powell said.

By Jim Tyson • June 28, 2023

Insufficient staff, outdated processes expose firms to risk: survey

Only 37% of surveyed respondents believe that their organizations have sufficient staffing to properly run compliance programs and internal controls, FloQast found in a recent survey.

By Elizabeth Flood • June 28, 2023

Harley-Davidson picks insider for CFO

Jonathan Root is taking the Milwaukee, Wisconsin-based company’s finance reins amid a slump in sales of its iconic motorcycles. 

By Maura Webber Sadovi • June 28, 2023

Bridgewater’s Karniol-Tambour calls for more quantitative tightening

“Stickier than expected” inflation is bad for both stocks and bonds, Karniol-Tambour asserts.

By Suman Bhattacharyya • June 28, 2023

Pricefx CFO stresses diversification in business funds

In a post-SVB world, diversifying funds is key to a healthy business, according to CFO Gillian Sheeran.

By Elizabeth Flood • June 27, 2023