NJ Devils, Philly 76ers veteran named Schellman CFO

Andy Goldstein, who has held the top financial seat for big-name brands such as the New Jersey Devils, will tap his 22 years of industry experience as CFO for the accounting firm.

By Elizabeth Flood • Sept. 29, 2022

Tyson Foods promotes chairman’s son to CFO

John R. Tyson, son of Chairman John H. Tyson, was promoted to CFO as the company navigates economic headwinds including higher supply costs.

By Elizabeth Flood • Sept. 28, 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

More CFOs grappling with ‘abnormally large’ rise in costs: Richmond Fed

The share of CFOs who view financing conditions as unfavorable doubled compared with results in a second-quarter survey, the Richmond Fed said.

By Jim Tyson • Sept. 28, 2022

SEC says Oracle bribed officials, imposes $23M penalty

Since the violations came to light, Oracle has taken several remedial steps, including strengthening its global compliance, risk and control functions, the SEC said.

By Jim Tyson • Sept. 27, 2022

EY’s split to offer CFOs ‘more choice,’ exec says

The auditing and consulting firm is in the “design” phase as EY partners vote on its separation, leaving CFOs facing unanswered questions regarding auditing fees.

By Elizabeth Flood • Sept. 27, 2022

US faces risk of long stagflation struggle: Moody’s

The odds of recession will rise if inflation fails to steadily fall toward the Federal Reserve’s 2% target, according to Moody’s Analytics.

By Jim Tyson • Sept. 26, 2022

[PODCAST] Sox Talks

Tune into the new Sox Talks podcast to hear what SOX has accomplished—and what comes next.

By CFO Dive's studioID • Sept. 26, 2022

5 steps to reinforce the reputation of your tax function

How tax practitioners can restore and reinforce the often overlooked tax department.

Sept. 26, 2022

Chobani names permanent CFO, revitalizes IPO talks

The company’s former CFO departed in June after another delay in IPO plans.

By Elizabeth Flood • Sept. 23, 2022

Boeing to pay $200M to settle SEC charges regarding 737 MAX

Boeing is showing signs of recovery from the 737 MAX debacle, with top executives saying that the plane maker this year will achieve positive free cash flow on an annual basis for the first time since 2018.

By Jim Tyson • Sept. 23, 2022

CFOs continue talent retention battle

Despite finance chiefs’ efforts to streamline the work of finance departments, only 20% saw talent retention as an ensuing benefit, Deloitte’s Q3 Signals Survey said.

By Elizabeth Flood • Sept. 22, 2022

ADM CFO sees ag giant’s pivot paying off in profits, crucial food security

Vikram Luthar, appointed CFO of Archer Daniels Midland in April, gained a keen awareness of the value of affordable healthy food growing up in India.

By Maura Webber Sadovi • Sept. 22, 2022

Fed redoubles inflation fight, raising main rate 75 basis points

Fed officials raised their projections for inflation and unemployment while marking down their forecasts for economic growth.

By Jim Tyson • Sept. 21, 2022

CFOs need to prep for healthcare’s lagging inflation

Healthcare costs are expected to jump 6.0% next year. CFOs must prepare accordingly, advises WTW’s Tim Stawicki. 

By Elizabeth Flood • Sept. 21, 2022

Fed tightening deepens housing recession

Record home prices, mounting construction costs and a Fed-spurred rise in mortgage rates have worsened a downturn in housing, homebuilders said.

By Jim Tyson • Sept. 20, 2022

Reputation’s new CFO says scenario planning is key

Seasoned SaaS financial leader Marc Linden says CFOs need to prepare for macroeconomic turbulence. 

By Elizabeth Flood • Sept. 20, 2022

CFOs see hiring woes persisting into 2023: Gartner

Hiring and retaining workers, forecasting and cost-cutting are the top three most difficult tasks on CFOs’ to-do lists over the next 12 months, according to a recent Gartner survey. 

By Maura Webber Sadovi • Sept. 19, 2022

Most CFOs say controllership not ready for digital future

Financial executives said controllers are not fully equipped to take on a bigger role in strategic planning, according to a survey by Deloitte and the Institute of Management Accountants.

By Jim Tyson • Sept. 19, 2022

Emmi Group poaches CFO from Calida Group

The dairy producer appointed Sacha D. Gerber as CFO. Gerber plans to leave the top financial position at luxury underwear company Calida Group.

By Elizabeth Flood • Sept. 19, 2022

Recession likely from Q4 through Q1 2023, Conference Board says

Fed tightening, stubbornly high inflation and a slump in consumer spending will probably trigger a downturn during the fourth quarter, the Conference Board said.

By Jim Tyson • Sept. 16, 2022

Nearly one third of employers balk at pay transparency: study

With more states requiring pay disclosures, companies and their financial executives need to develop a consistent national strategy, said Mariann Madden of WTW. 

By Elizabeth Flood • Sept. 16, 2022

Slowing economy could mean boost for budget-friendly litigation finance

The appeal of litigation finance — which has evolved into a $17 billion business — could rise in a slowing economy as investors warm to non-correlated assets.

By Maura Webber Sadovi • Sept. 15, 2022

Closing funding gender gap is long-term play, female execs say

Only 2% of venture capital dollars are going to female founders, but ensuring a pipeline of successful female-led firms requires an intentional strategy.

By Suman Bhattacharyya • Sept. 15, 2022

CFOs need to ‘get smart’ about ESG reporting

“ESG requirements are changing the landscape of corporate America,” said Lisa Edwards, president and chief operating officer of SaaS firm Diligent.  

By Elizabeth Flood • Sept. 15, 2022

Producer prices show inflation spreading

Rising costs for transportation and other services suggest that inflation is gaining strength across the economy.

By Jim Tyson • Sept. 14, 2022