Sallie Mae CFO enters retention plan

The private student loan provider is on the hunt for a new CFO as the Biden administration’s forgiveness program is on hold.

By Elizabeth Flood • March 6, 2023

Auto insurer Root fires CFO

The Columbus, Ohio-based insurer Root, which has a history of net losses, partnered with online used-car retailer Carvana in 2021. 

By Maura Webber Sadovi • March 2, 2023

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

Unlocking the ‘right’ combination to digital transformation

Only 34% of large companies showed signs of being strategic about their technology investments in financial disclosures, according to a recent report from Deloitte.

By Elizabeth Flood • March 2, 2023

Doth Buffett protest GAAP too much?

Warren Buffett — CEO of Berkshire Hathaway and one of the world’s most renowned investors — didn’t disappoint fans of his folksy, acerbic writing in his latest shareholder letter. 

By Maura Webber Sadovi • March 1, 2023

Accounting talent crunch persists

As accountants and CPAs increasingly battle with burnout, the pool of talent for the industry is getting smaller.

By Elizabeth Flood • March 1, 2023

Walgreens shrinks headquarters, cites hybrid work

Many CFOs are cutting costs by shrinking their real estate footprint as they adjust to changing needs of their hybrid workforces.

By Maura Webber Sadovi • Feb. 28, 2023

Consumer confidence sags on outlook for economy, wages

Although emboldened in January by a hot job market, U.S. households may begin to trim spending amid rising prices and borrowing costs, the Conference Board said.

By Jim Tyson • Feb. 28, 2023

Economists push back estimated recession date: NABE

Data on the housing market, employment, manufacturing and other measures of economic performance challenge predictions of imminent recession.

By Jim Tyson • Feb. 27, 2023

Merger filing fee hikes go into effect

The influx of new revenue for the FTC and DOJ could mean increased scrutiny of merger transactions but is unlikely to deter dealmaking, according to antitrust lawyers.

By Alexei Alexis • Feb. 27, 2023

Avoiding operational lag in hiring plans

Midsize businesses are still looking to grow headcount despite macroeconomic challenges, but in order to do so effectively, they need to have a thorough headcount management plan in place, according to TeamOhana’s CEO.

By Elizabeth Flood • Feb. 27, 2023

6 reasons to reconsider cost optimization

CFOs can remind business leaders that they have more cost optimization strategies to consider.

By Shawn Seasongood • Feb. 27, 2023

CFOs to get some cyber insurance relief: Fitch’s Glombicki

While premiums are still rising, the pace has slowed compared to previous years when ransomware attacks were at their peak.

By Alexei Alexis • Feb. 24, 2023

FarFetch CFO to exit in 2023

The London-based luxury fashion retailer is hunting for a successor as CFO Elliot Jordan is poised to depart after eight years.

By Elizabeth Flood • Feb. 24, 2023

Standard-setters consider softer start to climate risk disclosure

A backlash against proposals to require detailed corporate reporting on climate risk may compel more gradual application of the rules.

By Jim Tyson • Feb. 24, 2023

Without governance, more software spending can create more problems

Understanding how vendors update their products can help CIOs keep track of capability gaps and avoid overlaps.

By Lindsey Wilkinson • Feb. 24, 2023

3 currency hedging lessons learned

The U.S. dollar has eased off a two-decade high hit in September. U.S. Bank’s Paula Comings is still advising companies to revisit their hedging policies.

By Maura Webber Sadovi • Feb. 23, 2023

Six steps CFOs communicating layoffs should take

Layoffs are painful. Finance chiefs need to prepare in order to avoid missteps and ensure their approach to staff cuts is as empathetic and transparent as possible.

By Cassandra M. Bailey • Feb. 23, 2023

Mix of tech, vigilance helps thwart financial crimes

Financial crime spans corporate across the board, and it is sound business practice to have something in place that says, ‘do we really know how money flows in and out,’ says Leslie Bailey.

By Elizabeth Flood • Feb. 23, 2023

Fed officials leaned toward more tightening, minutes show

Policymakers on Feb. 1 favored more increases in the main interest rate. Since then data has indicated that inflation remains higher than anticipated.

By Jim Tyson • Feb. 22, 2023

‘Macro drivers’ blamed as Overstock.com revenues plummet

The Salt Lake City, Utah-based home furnishings seller’s CEO said factors such as inflation contributed to its fourth quarter loss.

By Alexei Alexis • Feb. 22, 2023

Foot Locker moves exec to interim CFO seat

The New York-based sneaker retailer is still on the hunt for a permanent replacement for departing CFO Andrew Page.

By Elizabeth Flood • Feb. 22, 2023

Employers to tweak, not ditch health perks

Most companies are doubling down on offering expanded health-related benefits even as some firms have had difficulty gauging the return on their investments in the programs.

By Maura Webber Sadovi • Feb. 21, 2023

Threat actors can use ChatGPT, too. Here’s what businesses should watch

While IT departments seek enterprise applications, cyber teams must be on the lookout for attacks using the generative AI technology.

By Lindsey Wilkinson • Feb. 21, 2023

CFO, CIO relationship key to optimize tech spend

Nearly half of execs expect cyber attacks on financial data to increase in 2023, but the majority of finance leaders don't have consistent communication with their CIO to mitigate this risk.

By Elizabeth Flood • Feb. 21, 2023

Hasbro profits take hit amid ‘challenging’ climate

The company’s disappointing fourth-quarter revenues highlight the ongoing risks that inflation poses to the bottom lines of many U.S. companies.

By Alexei Alexis • Feb. 17, 2023