Beyond Meat taps insider for CFO, slashes workforce

Lubi Kutua will take on the struggling company’s CFO seat as it moves to cut down its workforce.

By Elizabeth Flood • Oct. 17, 2022

Jamie Dimon isn’t the only bank CEO expecting a recession: KPMG

Some 85% of bank chiefs believe the U.S. is headed for recession in the next 12 months, the accounting giant found in its annual CEO outlook. Nearly half see layoffs in the next six months.

By Gabrielle Saulsbery • Oct. 14, 2022

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

Squarespace poaches new CFO from Amazon

Nathan Gooden is the latest is a string of Amazon finance leaders who have left the retail giant to move on to other comparatively smaller companies.

By Elizabeth Flood • Oct. 13, 2022

Crises demand resilience plans from CFOs

CFOs need new ways to prepare for crises, with resilience plans, and the storied Waffle House Index part of a mix of long and short-term tactics coming into focus. 

By Suman Bhattacharyya • Oct. 13, 2022

Global hazards outstrip corporate risk preparations

Less than half of respondents rated their companies’ approach to risk-management as “mature” or “robust,” according to the report.

By Maura Webber Sadovi • Oct. 12, 2022

Recession to start this quarter: Fannie Mae

Rising interest rates are undercutting economic growth and increasing the risk of a financial crisis in coming quarters, according to Fannie Mae economists.

By Jim Tyson • Oct. 12, 2022

Think before ditching retiree healthcare benefits

The cost of traditional retiree healthcare coverage is about $1,000 monthly for those not yet eligible for Medicare, according to Trevis Parson, chief actuary at WTW.

By Maura Webber Sadovi • Oct. 11, 2022

SPAC backing Trump media delays merger vote

Digital World seeks time to gain formal SEC approval for its tie-up with Trump’s media company as the agency investigates potential illegal behavior in their merger negotiations.

By Jim Tyson • Oct. 11, 2022

XPO Logistics names new CFO, approves spin-off

Carl Anderson will take the financial helm in November, ahead of the anticipated completion of the planned spin-off.

By Elizabeth Flood • Oct. 11, 2022

Strong dollar slams companies’ Q3 earnings

Rising interest rates in the U.S. and market volatility may sustain demand for the dollar, which has soared 18% against a basket of currencies in 2022.

By Jim Tyson • Oct. 10, 2022

Lyft’s former CFO exits crypto C-suite

Brian Roberts is the latest in a line of finance executives to step down from the crypto CFO seat after making an initial splash joining the digital startups from bigger companies.

By Elizabeth Flood • Oct. 10, 2022

3 CFO tips for finding value in cloud transformation: IBM

Most companies have, to some degree, embraced cloud computing but do not always clearly identify return on investment.

By Jim Tyson • Oct. 7, 2022

California pay transparency law signals new norm

California joins both Colorado and New York City among states enforcing companies to disclose information about pay ranges and salaries to potential employees.

By Elizabeth Flood • Oct. 7, 2022

3 ways CFOs can avoid ‘quiet quitting’ costs

Organizations are losing $20 million annually for every 10,000 employees due to low employee wellbeing, a study says.

By Elizabeth Flood • Oct. 6, 2022

Job openings plummet 10%, implying softer wage pressure

The labor market — and inflation — may be cooling as the number of available jobs declines and the pool of workers grows. 

By Jim Tyson • Oct. 4, 2022

Ongoing tech investments key to survival: Presidio CFO

Presidio’s CFO and CTO share their outlook on the return on investment for tech spending, and what’s necessary for a functional tech/finance partnership.

By Elizabeth Flood • Oct. 4, 2022

PayPal acting CFO’s pay package hints at staying power

The $2.5 million in equity grants PayPal is handing its interim CFO are part of the kind of package that’s more typically given to long-term CFOs, executive search experts said. 

By Maura Webber Sadovi • Oct. 4, 2022

Agility key in tackling economic downturn

Airbase and Clari CFOs share best practices to meet a challenging business environment.

By Elizabeth Flood • Oct. 3, 2022

Building ‘digital trust’ yields 10% revenue growth: McKinsey

More than four out of five consumers said that before buying a product they want to know in detail how a company safeguards data privacy, according to McKinsey.

By Jim Tyson • Oct. 3, 2022

C-suite allies needed to tackle automation hesitancy: panel

An advocacy campaign that highlights important use cases can be a critical enabler. Spotify, for example, packages automation case studies in user-friendly videos.

By Suman Bhattacharyya • Oct. 3, 2022

Top-down budgeting vs bottom-up budgeting: Which one is best for your business?

In this article, we'll go over both approaches to budgeting so you can pick the one that works best for your business.

Oct. 3, 2022

US IPOs plunge 74% year to date: EY

A recovery in IPOs hinges on renewed equity market stability as well as offerings that are reasonably valued and based on “scalable” infrastructure, EY’s Rachel Gerring said.

By Jim Tyson • Sept. 30, 2022

Tyson heir CFO pick draws ethical fire

The Tyson family owns a large chunk of voting rights at the company and promoted one of their own to the top finance seat.

By Elizabeth Flood • Sept. 30, 2022

How CFOs can cut real estate costs

Subleasing and landlord buyouts are options for CFOs looking to trim office space spend but retrenchment also poses complex challenges, experts say. 

By Dawn Wotapka • Sept. 29, 2022

Bed Bath CFO details strategy, inventory pressures

The retailer’s earnings call was the first since interim CFO Laura Crossen took the finance reins after the sudden death of her predecessor, Gustavo Arnal. 

By Maura Webber Sadovi • Sept. 29, 2022