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

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Modern accounting and the CFO

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By CFO Dive staff

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

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

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