Financial Reporting
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One-time EV darling Nikola files for Chapter 11 bankruptcy
The filing comes several months after CFO Tom Okray warned Nikola only had enough cash to meet its obligations into, but not beyond, Q1 2025.
By Grace Noto • Feb. 19, 2025 -
Southwest to cut 15% of leadership staff ahead of CFO shift
The “unprecedented” layoffs of senior and corporate leaders come as Breeze Airways alum Tom Doxey gears up to take Southwest’s CFO seat.
By Grace Noto • Feb. 18, 2025 -
Explore the Trendline➔
KanawatTH via Getty ImagesTrendlineCFO 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 -
Super Micro says DOJ, SEC subpoenaed documents
The AI server maker’s accounting has drawn scrutiny in the wake of a highly critical report on the company from the now-defunct short-seller Hindenburg Research.
By Maura Webber Sadovi • Feb. 12, 2025 -
OneStream sees high demand despite ‘near-term headwinds’
“If there’s a growing sense of uncertainty [among CFOs], we’re probably going to feel it a little bit first,” said Tom Shea, the finance software maker’s CEO.
By Alexei Alexis • Feb. 12, 2025 -
Kroger taps PepsiCo alum as next CFO
The appointment comes two months after Kroger’s $25 billion merger with Albertsons was blocked by an Oregon District Court judge.
By Grace Noto • Feb. 12, 2025 -
Southwest appoints Breeze Airways alum to CFO chair
The new CFO joins the budget-friendly airline as it aims to realize $500 million in cost savings while facing inflationary pressures and challenges to its fleet capacity.
By Grace Noto • Feb. 11, 2025 -
Tesla CFO, board members offload millions in stock
The sales occurred after board members, including Kimbal Musk, agreed to pay a collective $919 million back to the EV maker to settle claims of excessive compensation last month.
By Grace Noto • Feb. 7, 2025 -
CFOs prep for tax policy impacts: Grant Thornton
CFOs are feeling more upbeat about economic prospects following the U.S. election, but still face uncertainty when it comes to tax or regulatory policy shifts.
By Grace Noto • Feb. 6, 2025 -
Alphabet projects $75B in capex as AI push grows: CFO
Big tech continues to invest heavily in AI even as investors nervously watch for indications that it’s paying off.
By Alexei Alexis • Feb. 5, 2025 -
Ford Motor taps finance VP as new CFO
Sherry House will move into the CFO role as planned after joining Ford in June, when she inked a $4.5 million signing bonus as part of her compensation package.
By Grace Noto • Feb. 5, 2025 -
ADM to slash up to 700 roles as work to fix reporting problems continues
The agricultural company’s CFO Monish Patolawala said the company is making progress on its effort to “lift” the material weakness related to its financial reporting.
By Maura Webber Sadovi • Feb. 4, 2025 -
Q&A
AI agents may cause some finance jobs to ‘disappear’: Microsoft exec
Microsoft’s Georg Glantschnig said the software giant envisions every business process being impacted by the emerging technology.
By Alexei Alexis • Feb. 4, 2025 -
Trump tariff fallout: The first 3 days
President Donald Trump’s long-anticipated tariffs against Canada, Mexico, and China set off a fast-paced chain of events after landing on Saturday.
By Maura Webber Sadovi • Updated Feb. 3, 2025 -
AT&T’s sale-leaseback unlocks $850M
By selling properties and leasing them back, companies like AT&T can monetize real estate value and raise capital while retaining the use of the assets.
By Tatiana Walk-Morris • Jan. 31, 2025 -
Tesla CFO flags risk posed by Trump tariffs
The electric vehicle executive is the latest finance chief of a major U.S. company to sound the alarm over the president’s tariff plans.
By Alexei Alexis • Jan. 30, 2025 -
Clorox treasurer tapped as next finance chief
Clorox’s treasurer will take the financial reins as the company recasts its strategy after recovering from a 2023 cyberattack that hurt 2024 net sales and cost it $49 million.
By Grace Noto • Jan. 30, 2025 -
Deep Dive
Trump’s softer-touch SEC may ease CFO regulatory burden
By slimming the SEC’s budget, headcount and regulatory scope, a new agency chief would fall in step with Trump’s cost-cutting and efficiency campaign.
By Jim Tyson • Jan. 30, 2025 -
Victoria’s Secret taps former Joann exec for CFO seat
The transition comes as the lingerie retailer is pursuing a turnaround under a new CEO following market share declines and other challenges.
By Alexei Alexis • Jan. 29, 2025 -
Big Four, Apple weigh in on FASB’s proposed software guidance
While changes were suggested, many of the 32 respondents expressed general support for the broader effort to update the accounting guidance that has been untouched for decades.
By Maura Webber Sadovi • Jan. 28, 2025 -
State AGs threaten financial institutions over ESG, DEI policies
Bank of America, BlackRock, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley were all asked about their plans for implementing hiring or supplier diversity goals.
By Lamar Johnson • Jan. 28, 2025 -
Agentic AI is here. Are CFOs ready?
It could take a while — perhaps years — before the technology’s full potential is realized, yet C-suites need to prepare now, analysts say.
By Alexei Alexis • Jan. 24, 2025 -
Trump pulls US from Paris Agreement — again — in packed day one slate
The president’s executive order freezes all funding related to the 2015 global climate treaty and also rescinds the nation’s International Climate Finance plan.
By Lamar Johnson • Jan. 21, 2025 -
Trump taps crypto-friendly Mark Uyeda as acting SEC chair
The appointment likely signals a loosening of the SEC’s cyrptocurrency policy during the second Trump presidency.
By Grace Noto • Jan. 21, 2025 -
SEC general counsel, chief economist latest to follow Gensler to exit
The agency’s chief of staff and director of policy are among other leaders who have announced their departures just days ahead of Donald Trump’s inauguration.
By Grace Noto • Jan. 17, 2025 -
FASB declines to tackle new credit risk transfer project
The U.S. accounting standard setter decided against adding a new project to its priority agenda that would have considered requiring banks to disclose more information about CRTs.
By Maura Webber Sadovi • Jan. 16, 2025