Strategy & Operations: Page 72

  • Accountant makes notes
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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 • Sept. 19, 2022
  • A woman shops for milk in a grocery store
    Image attribution tooltip
    Tim Boyle via Getty Images
    Image attribution tooltip

    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
  • Image of glowing AI letters in the foreground with a circuit board in the background. Explore the Trendlineâž”
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Trendline

    CFO best practices in the evolving generative AI era

    As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.

    By CFO Dive staff
  • Image attribution tooltip
    Win McNamee via Getty Images
    Image attribution tooltip

    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 • Sept. 16, 2022
  • Looking for new job on internet ads - stock photo
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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
  • The front of the US Supreme Court building in Washington, DC.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Q&A

    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 • Sept. 15, 2022
  • Silhouettes of business people
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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
  • ESG
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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
  • A stack of $20 U.S. bills lay on top of a scattering of more $20 bills.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Producer prices show inflation spreading

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

    By • Sept. 14, 2022
  • The Grindr app logo
    Image attribution tooltip
    Leon Neal via Getty Images
    Image attribution tooltip

    Grindr appoints new CFO as it readies for IPO

    The dating app operator named a former Disney exec as its CFO as it moves forward with plans to go public later this year.

    By Elizabeth Flood • Sept. 14, 2022
  • Consumer Prices Climb Higher Than Expected For January
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    High inflation persists, bolstering case for forceful Fed tightening

    Price gains during August for rent and other services exceeded forecasts, eroding hopes that the Federal Reserve will slow its campaign to curb demand.

    By • Sept. 13, 2022
  • Image shows the back of a business person standing in front of a financial report projected on the wall.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Opinion

    Intercompany ops: more than zero-sum game

    For CFOs of growing companies, intercompany operations have increasing implications that extend across accounting, finance, tax, and treasury departments.

    By David Brightman • Sept. 13, 2022
  • Person riding a Peloton bike
    Image attribution tooltip
    Courtesy of Peloton
    Image attribution tooltip

    Peloton co-founders exit amid operational, accounting headwinds

    The resignations come roughly two weeks after Peloton announced it was delaying its 10-K filing because it needed more time to complete fourth-quarter accounting and disclosures related to impairment charges.

    By Elizabeth Flood • Sept. 13, 2022
  • A person hands a check across a desk.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Base pay comprises as little as 37% of startup exec comp

    While median executive compensation rose 8.5% in 2021, many C-suite pay packages lack structural protections needed in volatile markets. 

    By • Sept. 12, 2022
  • People stand in line with a sign directing them where to stand for seeking jobs
    Image attribution tooltip
    Scott Olson via Getty Images
    Image attribution tooltip

    Recession likely in 2023, Fitch says

    Cuts to estimates for earnings growth underscore the growing risk of a U.S. downturn next year, Fitch Ratings said.

    By • Sept. 12, 2022
  • Flooded city street
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    ESG ratings firms show ‘significant shortcomings’: study

    ESG ratings providers, while gaining from rising demand for their assessments, are unreliable in gauging risk and return, Stanford University researchers said.

    By • Sept. 9, 2022
  • Shopify bag logo and name. in front of a brick wall.
    Image attribution tooltip
    Courtesy of Shopify
    Image attribution tooltip

    Shopify taps Morgan Stanley exec as CFO

    The e-commerce giant’s leadership shakeup comes two months after Shopify announced it was slashing its workforce by 10%.

    By Elizabeth Flood • Sept. 9, 2022
  • AT&T signage
    Image attribution tooltip
    Tim Boyle via Getty Images
    Image attribution tooltip

    AT&T CFO says demand still ‘solid’ post price hike

    Despite “reduced visibility” into economic trends going into next year due to the current macroeconomic environment, Desroches expects improved cash conversions in 2023.

    By Elizabeth Flood • Sept. 8, 2022
  • a large white truck with XPO Logistics branding in red and black outside an office park.
    Image attribution tooltip
    Courtesy of XPO Logistics
    Image attribution tooltip

    B2B veteran named CFO of XPO Logistics’ spin-off

    Following the spin-off, RXO will be the third-largest provider of domestic and cross-border less-than-truckload freight shipping.

    By Elizabeth Flood • Sept. 8, 2022
  • A gray and white Bed Bath & Beyond store.
    Image attribution tooltip
    Daphne Howland/CFO Dive
    Image attribution tooltip

    Bed Bath & Beyond leadership gap a board ‘wake-up call’

    Bed Bath & Beyond’s appointment of Laura Crossen as interim CFO has raised questions about the type of permanent finance leadership the company will need. 

    By • Sept. 7, 2022
  • Golden circuit cloud showing cloud computing technology
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    FreshBooks taps PwC alum as new CFO

    The cloud accounting software company appointed Wayne Jackson, who has 40 years of experience in the financial industry. 

    By Elizabeth Flood • Sept. 7, 2022
  • Law and money
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Law firm Olgetree Deakins taps former Steptoe CFO

    David Zimbrick will depart after two decades at Steptoe & Johnson in favor of  the CFO seat at Ogletree.

    By Elizabeth Flood • Sept. 6, 2022
  • The New York Stock Exchange in New York City.
    Image attribution tooltip
    Spencer Platt/Getty Images via Getty Images
    Image attribution tooltip

    Q3 earnings estimates cut ‘more than average’: FactSet

    S&P 500 companies for the second quarter reported their lowest growth in earnings on an annual basis since the fourth quarter of 2020, FactSet said. 

    By • Sept. 6, 2022
  • Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    Bed Bath & Beyond swiftly names interim CFO

    Laura Crossen’s appointment as interim CFO comes four days after the death of Gustavo Arnal, Bed Bath & Beyond’s finance chief since 2020.

    By • Sept. 6, 2022
  • Exterior of Raley's O-N-E Market supermarket in El Dorado Hills, California
    Image attribution tooltip
    Permission granted by Raley's
    Image attribution tooltip

    Grocer Raley’s CFO killed in plane crash

    Ken Mueller, along with the company’s chief pilot, Richard Conte, perished after the aircraft they were on crashed near Galt, California, according to local reports.

    By Jeff Wells • Updated Sept. 6, 2022
  • A Bed Bath & Beyond sign against a blue sky with puffy white clouds.
    Image attribution tooltip
    Daphne Howland/CFO Dive
    Image attribution tooltip

    Bed Bath & Beyond CFO falls from NYC tower, dies

    Gustavo Arnal became Bed Bath & Beyond’s finance chief in 2020. The home goods retailer’s turnaround plans have been facing increasing headwinds.

    By • Sept. 5, 2022