Strategy & Operations: Page 47


  • Twitter headquarters building
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    Justin Sullivan via Getty Images
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    Twitter headquarters landlord files unpaid rent suit

    The suit filed against Twitter comes as a surge of tech firms have announced massive layoffs along with plans to trim real estate costs.

    By Jan. 24, 2023
  • A woman works at her laptop, while a child sits on a couch in the background.
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    Damir Khabirov via Getty Images
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    Working from home boosts working time: NBER paper

    The number of U.S. employees who work remotely has more than tripled during the pandemic. Workers who forgo a commute spend more time at work, researchers said.

    By Jan. 24, 2023
  • a graphic showing hands typing in a keyboard Explore the Trendline
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    iStock / Getty Images Plus via Getty Images
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    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
  • Tyson Foods office building
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    Scott Olson via Getty Images
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    Tyson CFO pleads guilty to trespassing, intoxication charges: report

    John Randal Tyson pleaded guilty to charges of public intoxication and trespassing. The move marks a change from one month earlier when he pleaded not guilty.

    By Elizabeth Flood • Jan. 24, 2023
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    Baris-Ozer via Getty Images
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    More companies report falling profit margins: NABE

    U.S. businesses in the new year face signs that the economy is cooling, including a tapering in consumer spending and a pullback in factory output.

    By Jan. 23, 2023
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    Blue Planet Studio via Getty Images
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    PE CFOs cite global recession as top concern: EY

    Private equity C-suite leaders cited the possibility of a global recession as their biggest worry, while talent management also remains a top priority.

    By Elizabeth Flood • Jan. 23, 2023
  • Two boxes of Stanley Black & Decker tools on a table.
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    Joe Raedle via Getty Images
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    Stanley Black & Decker names new CFO

    Former Fortune Brands executive Patrick Hallinan joins the manufacturer as it pursues a $1.5 billion cost-saving plan.

    By Megan Ruggles • Jan. 23, 2023
  • Image of motorcyclists driving over bridge.
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    Neilson Barnard via Getty Images
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    Motorcycle retailer RumbleOn taps new CFO

    The Irving, Tex.-based company is swapping in a new CFO just under a year after the outgoing finance chief took the finance reins.

    By Jan. 23, 2023
  • Workers hold a rally in support of a union in Chicago.
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    Scott Olson via Getty Images
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    Unions lose clout even amid high-profile organizing gains

    The wages of workers unaffiliated with a union have risen faster in recent years than those of their unionized counterparts.

    By Jan. 20, 2023
  • Plant sprouting out of dollar bills
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    Newbird via Getty Images
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    SMEs fall behind on addressing climate change

    A readiness gap is emerging between small and large companies in terms of their responses to climate change risks.

    By Elizabeth Flood • Jan. 20, 2023
  • Image of Seventh Generation products.
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    Jesse Grant via Getty Images
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    Retailers juggle sustainability, growing cost-cutting mandates

    CFOs are weighing costs more closely — even as they seek to trim the environmental impact of everything from packaging to shipping and return practices.

    By Jan. 20, 2023
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    Matias Delacroix via Getty Images
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    Billtrust plots growth in B2B

    Although many companies are pulling back spending amid the murkier economic climate, new CEO Sunil Rajasekar said the B2B payments firm is not. 

    By Caitlin Mullen • Jan. 19, 2023
  • A businessperson hands a colleague a paycheck.
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    AndreyPopov via Getty Images
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    How CFOs can come to terms with pay transparency

    Pay range disclosure mandates are on the rise. Finance leaders need to understand how these laws can both help and hurt them.

    By Elizabeth Flood • Jan. 19, 2023
  • Walmart hires personal shoppers for the holiday 2020 season.
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    Courtesy of Walmart
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    Weak retail sales, manufacturing signal cooling economy

    The Fed’s fight against inflation, while showing some recent signs of success, may dim prospects for economic growth.

    By Jan. 18, 2023
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    Olivier Le Moal via Getty Images
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    Opinion

    3 reasons to make accounts receivable a top priority

    Unpaid invoices take a nasty bite out of cash flow. Dean Kaplan writes that taking time early on to evaluate receivables and stratify accounts for fast attention will pay off.

    By Dean Kaplan • Jan. 18, 2023
  • Reef Kitchens and Wendy's have signed a deal to open hundreds of units together
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    Courtesy of REEF Technology
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    Wendy’s US CFO resigns amid shake-up

    The Dublin, Ohio-based hamburger chain is losing its U.S. CFO to another restaurant company as Wendy’s redesigns its organizational structure to pursue a long-term growth strategy. 

    By Elizabeth Flood • Jan. 17, 2023
  • A photograph of an empty laboratory.
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    gorodenkoff via Getty Images
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    Biotech CFOs sharpen financing tactics for lean times

    In today’s challenging market, some biotech companies are going the extra mile to keep their existing investors, reopening earlier rounds and moving to rolling closings.

    By Jan. 17, 2023
  • Diverse employees team engaged in teamwork in modern boardroom
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    fizkes via Getty Images
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    ‘Scope creep’ challenging audit committees: CAQ

    Audit committees are taking on more responsibilities as the SEC writes several rules requiring more detailed corporate disclosure.

    By Jan. 13, 2023
  • Pension fund
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    "Pension fund" by Nick Youngson is licensed under CC BY-SA 3.0
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    Pension funding holds flat, higher costs loom

    Pension and retirement plans can be a key benefit that helps employers attract and retain workers. They may carry higher costs for companies in 2023.

    By Dawn Wotapka • Jan. 12, 2023
  • Law flat icon on wooden block cube with calculator and pencil on dollar bank note money,
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    grapestock via Getty Images
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    Legal ops chiefs have opportunity amid cost-cut mandates

    The systems and processes they put in place could drive cultural change in how law departments carry out their day-to-day work.

    By Suman Bhattacharyya • Jan. 12, 2023
  • Students sit at computer terminals in a classroom.
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    sturti via Getty Images
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    ‘Quiet hiring’ dos and don’ts

    The opposite of quiet quitting, quiet hiring allows CFOs to cut costs. It can also be a tension point for employees.

    By Elizabeth Flood • Jan. 12, 2023
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    Spencer Platt via Getty Images
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    M&A spurred share price gains during Q4: WTW

    Five trends in deal-making will likely unfold in 2023, including a focus on purchases less than $1 billion and on “friend-shoring” to reduce geopolitical risks to supply chains, WTW said.

    By Jan. 11, 2023
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    Jack Taylor via Getty Images
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    EY consulting arm poaches Cargill CFO

    Ernst & Young is moving forward with a “soft separation” of its audit and consulting arms, appointing Jamie Miller to the CFO seat of what will be a new public entity.

    By Elizabeth Flood • Jan. 11, 2023
  • A Cargill meatpacking plant is pictured on April 17, 2020 in Fort Morgan, Colorado.
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    Matthew Stockman via Getty Images
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    Cargill CFO moves on amid C-suite reshuffling

    The agribusiness giant is searching for a permanent CFO as a new CEO starts.

    By Elizabeth Flood • Jan. 10, 2023
  • Businessman looking stressed
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    Delmaine Donson via Getty Images
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    Small business optimism falls, recession expected

    Owners of small businesses ranked inflation as their top challenge, “lamenting” rising costs that have compelled them to increase prices, the NFIB found in a survey.

    By Jan. 10, 2023
  • U.S. economy contracted for second consecutive quarter
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    Baris-Ozer via Getty Images
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    Profit estimates slump for Q4: FactSet

    Earnings forecasts for U.S. companies fell, FactSet said, after the Fed’s aggressive effort to curb inflation increased borrowing costs and dimmed prospects for economic growth.

    By Jan. 9, 2023