SEC commissioner suggests ‘re-proposing’ climate risk disclosure rule

Some investors seek broader company disclosures with the aim of promoting social change rather than clarifying stock valuations, SEC Commissioner Mark Uyeda said.

By Jim Tyson • Nov. 7, 2023

Long-time PepsiCo CFO moves to top finance seat at Disney

The entertainment firm may be looking to lean on Hugh Johnston’s financial chops as it fends off challenges from activist investors and looks to bolster drooping streaming results.

By Grace Noto • Nov. 6, 2023

Explore the Trendline➔

Top 5 stories from CFO Dive

The promises and traps of generative AI, revamped modern finance teams and stark geopolitical risks are among the top forces CFOs are grappling with this year.

By CFO Dive staff

An inside look at working capital management with SAP and Taulia

Businesses in every sector face challenges in managing cash, and at the heart of every stable firm sits working capital management.

Nov. 6, 2023

RBC settles software accounting violation charges with regulators

The Royal Bank of Canada’s $6 million SEC penalty comes as FASB is updating U.S. guidance for tracking software costs for the first time in decades.

By Maura Webber Sadovi • Nov. 3, 2023

Trump ex-CFO’s severance terms come under NY AG fire

Allen Weisselberg’s $2 million severance agreement includes language barring the ex-CFO from disparaging the Trump Organization.

By Grace Noto • Nov. 3, 2023

Most execs do not see AI shrinking financial teams

KPMG found in a survey that 55% of executives do not expect AI to replace financial reporting jobs. But 39% of respondents disagree.  

By Maura Webber Sadovi • Nov. 3, 2023

Verizon’s interim CFO lands permanent seat

The finance chief says the telecom giant is “on track” when it comes to priorities such as improving free cash flow and growing its wireless service revenue.

By Alexei Alexis • Nov. 2, 2023

Trump brothers lay financial responsibilities at Weisselberg’s feet

Donald Trump Jr. and Eric Trump repeatedly denied knowledge of their father’s business’s financial reports, foisting much of the responsibility upon the ex-CFO.  

By Grace Noto • Nov. 2, 2023

FASB to set new accounting rules for government grants

The new project is the latest addition to the FASB’s agenda, which has been packed with high-profile initiatives.

By Maura Webber Sadovi • Nov. 2, 2023

PayPal CEO pledges ‘leaner’ business, names new CFO

Alex Chriss, who took the top post in September, tapped a new finance chief Wednesday and pledged to better focus the digital payment company's strategy.

By Lynne Marek • Nov. 2, 2023

Trump Jr.’s testimony shines spotlight on ex-CFO’s authority

The role of former Trump Organization CFO Allen Weisselberg was once again scrutinized as Donald Trump Jr. became the first of the former president’s children to take the witness stand.

By Grace Noto • Nov. 1, 2023

Companies relying on foreign sales see Q3 earnings slump 4.7%

The dollar rose against other major currencies during the third quarter, eroding revenues at large companies such as Pfizer and Exxon Mobil, FactSet said.

By Jim Tyson • Oct. 31, 2023

Amazon CFO credits AI with boosting ad business

The technology giant is leaning into machine learning as it seeks to improve the relevancy of the ads it shows to customers.

By Alexei Alexis • Oct. 31, 2023

McDonald’s CFO: Traffic dips despite ‘trade down’ gains

The dip comes as Chicago-based McDonald’s has battled to offset rising costs by raising prices without alienating customers.

By Maura Webber Sadovi • Oct. 30, 2023

The changing face of clean energy and tax strategy

The Inflation Reduction Act has changed the tax landscape. CFO Dive spoke with Bellus Ventures and Thompson Coburn LLP to understand the steps that CFOs can take to stay ahead of the curve on clean energy investments.

Oct. 30, 2023

Buzzfeed taps treasurer for next CFO

The financial leadership shift comes as a move to AI-generated content failed to bolster the digital media company’s revenue.  

By Grace Noto • Oct. 27, 2023

Gensler says SEC aims to avoid overreach on climate risk rule

The SEC chief has come under fire for proposing that companies release data on the greenhouse gas emissions by their suppliers and customers.

By Jim Tyson • Oct. 26, 2023

Trump lawyers attack Cohen’s credibility following ‘reverse engineering’ testimony

Adding to tension in the heated civil fraud trial proceedings Wednesday, the judge fined Donald Trump $10,000 for violating a limited gag order. 

By Maura Webber Sadovi • Oct. 25, 2023

Former Dow exec returns for CFO post

The change comes as the chemical giant’s retiring CFO expects “challenging macroeconomic dynamics” to continue through the fourth quarter.

By Alexei Alexis • Oct. 25, 2023

Hess deal to boost free cash flow, Chevron CFO says

The acquisition grants Chevron a 30% stake in Guyana’s Stabroek block, creating a path to long-term free cash flow growth into the 2030s, according to company executives.

By Grace Noto • Oct. 24, 2023

Trump tasked his ex-CFO, ex-attorney with ‘reverse engineering’ asset values, Cohen testifies

Ex-attorney and former “fixer” Michael Cohen testified as a key witness for the state in its $250 million civil fraud case against his former boss Donald Trump.

By Maura Webber Sadovi • Oct. 24, 2023

With venture arm, Huntington Bank CFO keeps eye on innovation, liquidity

In the face of economic uncertainty, access to the innovation economy is essential to help bolster growth, Huntington Bank’s CFO says.  

By Grace Noto • Oct. 20, 2023

Ex-Trump CFO targeted in fraud trial for emails, testimony

The New York Attorney General’s Office wrote that it has “identified likely omissions” of data provided by the Trump Organization in response to subpoenas. 

By Maura Webber Sadovi • Oct. 20, 2023

Price cuts eat into Tesla margins, fail to boost demand

Tesla faces contracting margins and slumping market share, with multiple price cuts for its EVs failing to persuade consumers to shell out for new cars.

By Grace Noto • Oct. 19, 2023

NY AG zeros in on Trump golf course valuation

A longtime commercial real estate expert with Cushman & Wakefield testified Thursday to feeling pressure to assign higher appraisal values.

By Maura Webber Sadovi • Oct. 19, 2023