Leadership


  • Makeup and accessories displayed on a store counter.
    Image attribution tooltip
    Jason Kempin via Getty Images
    Image attribution tooltip

    Estee Lauder controller lands CFO seat amid restructuring

    Akhil Shrivastava, a nine-year company veteran, understands “the levers the company can pull to revive growth,” Morningstar analyst Dan Su writes. 

    By July 24, 2024
  • Ruth Porat, Google
    Image attribution tooltip
    Noam Galai via Getty Images
    Image attribution tooltip

    Alphabet investors get mixed news from departing CFO Ruth Porat

    The tech giant’s shares sank after Porat’s mixed comments about the company’s operating margin outlook.

    By July 24, 2024
  • A graphic showing floating cogs, wheels and a lightbulb. Explore the Trendline
    Image attribution tooltip
    Peach_iStock via Getty Images
    Image attribution tooltip
    Trendline

    CFO best practices: lessons from the trenches

    Leaders share operational and strategic learnings from their years in the top finance seat.  

    By CFO Dive staff
  • Shot of people walking past the NYSE on Monday July 22, 2024
    Image attribution tooltip
    Spencer Platt via Getty Images
    Image attribution tooltip

    KKR-backed OneStream sees $4.6B valuation following $490M IPO

    The company will continue to invest in machine learning, AI and new products such as demand forecasting tools following its $490 million IPO, CFO Bill Koefoed said.

    By July 24, 2024
  • The Spotify company logo is diaplayed as traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on February 01, 2023 in New York City.
    Image attribution tooltip
    Michael M. Santiago / Staff via Getty Images
    Image attribution tooltip

    Spotify profit jumps amid ‘early days’ of price increases

    Interim CFO Ben Kung said the music streamer is “encouraged” by the initial consumer reaction to the company's recent price hikes.

    By July 23, 2024
  • Laptop
    Image attribution tooltip
    iStock / Getty Images Plus via Getty Images
    Image attribution tooltip

    CFOs face ‘threefold challenge’ with GenAI spending, Pairsoft CEO says

    As finance chiefs look to upgrade legacy finance functions, GenAI is emerging as a promising technology — but first, CFOs need to identify a clear use case.

    By July 23, 2024
  • Securities and Exchange Commission, SEC, Building in Washington DC
    Image attribution tooltip
    qingwa via Getty Images
    Image attribution tooltip

    Judge deals major blow to SEC’s cybersecurity enforcement stance

    “The decision substantially limits the SEC’s authority to challenge a company’s cybersecurity program,” attorney Mark Schonfeld said.

    By July 23, 2024
  • Header image for "65% of Execs Say Generative AI Will Have High Impact in 3-5 Years: Weekly Stat"
    Image attribution tooltip
    Andrew Brookes
    Image attribution tooltip

    Many CFOs still in early phase of digital transformation: McKinsey

    Finance teams are grappling with roadblocks such as already-demanding workloads, a lack of relevant capabilities and insufficient resources.

    By July 23, 2024
  • The exterior of a U.S. Bankruptcy Courthouse.
    Image attribution tooltip
    GussWilder for iStock via Getty Images
    Image attribution tooltip

    Firms favored reorganizations over liquidations in H1: S&P

    The jump in companies choosing Chapter 11 could signal rising corporate optimism about reorganization prospects that is partly driven by anticipated rate cuts.

    By July 22, 2024
  • Construction worker on roof of a house in the process of being built
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    PulteGroup promotes insider to fill retiring CFO’s seat

    Jim Ossowski will take the home builder’s finance reins in 2025 as Pulte looks to build on its record first-quarter home sale revenues.

    By July 22, 2024
  • CrowdStrike booth at Black Hat USA 2023 in Las Vegas.
    Image attribution tooltip
    Matt Kapko/CFO Dive
    Image attribution tooltip

    Visa, Mastercard say CrowdStrike didn’t impact networks

    Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company’s update snafu.

    By Lynne Marek • July 22, 2024
  • IT Technician with a Laptop Computer and Black Male Engineer Colleague are Talking in Data Center while Walking Next to Server Racks.
    Image attribution tooltip
    gorodenkoff via Getty Images
    Image attribution tooltip

    Legacy tech upgrades cost the average business nearly $3M last year

    Maintenance costs, impacts on the data stack and AI ambitions are pushing companies to modernize, a SnapLogic survey found.

    By Lindsey Wilkinson • July 19, 2024
  • A blue screen with an unhappy face is depicted on a screen in the background behind glass and in front of a person looking down.
    Image attribution tooltip
    Anthony Kwan / Stringer via Getty Images
    Image attribution tooltip

    CrowdStrike software update at the root of a massive global IT outage

    A defective software update led to major disruptions in aviation, banking and other industries as Microsoft 365 services were impacted worldwide.

    By David Jones • July 19, 2024
  • A pile of $100 bills
    Image attribution tooltip
    hynci via Getty Images
    Image attribution tooltip

    Incoming QXO CFO’s comp package includes $3M signing bonus

    M&A “heavy hitter” Ihsan Essaid could rake in a $1.6 million base salary should the product distribution company hit future annualized revenue run rate goals, according to a company filing.  

    By July 18, 2024
  • Rohit Chopra, Director of the Consumer Financial Protection Bureau, giving a speech in an auditorium.
    Image attribution tooltip
    Anna Moneymaker via Getty Images
    Image attribution tooltip

    CFPB to apply lending laws to EWA

    The federal agency weighed in Thursday with a proposed rule to oversee the burgeoning earned wage access industry.

    By Lynne Marek • July 18, 2024
  • Federal Reserve Bank Chair Jerome Powell speaks during a congressional hearing.
    Image attribution tooltip
    Bonnie Cash via Getty Images
    Image attribution tooltip

    High interest rates dampen hopes for robust M&A recovery

    While M&A activity is gaining momentum, dealmakers continue to face a mixed macroeconomic environment, Boston Consulting Group analysts said. 

    By July 17, 2024
  • HSBC incoming CEO Georges Elhedery
    Image attribution tooltip

    Courtesy HSBC

    Image attribution tooltip

    HSBC names CFO Elhedery as its next CEO

    The Lebanon-born banker was seen as an early front-runner to succeed Noel Quinn. Elhedery took a sabbatical in 2022, reportedly learning Mandarin, and was named CFO when he returned.

    By Dan Ennis • July 17, 2024
  • Image of SEC Chair Gary Gensler
    Image attribution tooltip
    Drew Angerer via Getty Images
    Image attribution tooltip

    SEC rule jumpstarts Corpay CAO’s ESG push

    The climate disclosure rule’s March passage helped push the payments player to double down on its ESG reporting strategy, Chief Accounting Officer Alissa Vickery said.

    By July 16, 2024
  • An individual interacts with an AI chatbot on a computer screen.
    Image attribution tooltip
    Laurence Dutton via Getty Images
    Image attribution tooltip

    AI budgets poised to surge in 2025

    While AI investments are expanding, many companies are failing to invest in infrastructure necessary to optimize the technology, EY found.

    By July 16, 2024
  • A pedestrian walks by a sign posted in front of an AT&T store.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    Latest AT&T data breach risks customer defections: Moody’s

    The incident comes as AT&T is already facing a number of class action suits stemming from a separate breach that was disclosed in March.

    By July 16, 2024
  • A man on a rooftop looks at approaching flames.
    Image attribution tooltip
    David McNew via Getty Images
    Image attribution tooltip

    5 takeaways on costs, challenges of climate disclosure compliance

    Complacency regarding the SEC’s now-stayed rules could leave companies “scrambling to try to get ready” once they are put in place, PwC’s Marc Siegel said.

    By July 15, 2024
  • Accounts payable and receivable
    Image attribution tooltip
    champpixs via Getty Images
    Image attribution tooltip
    Q&A

    AR player Versapay plunges ahead with new C-suite team

    The business-to-business accounts receivable player is weighing its strategic options and eyeing opportunities in the office of the CFO.

    By Lynne Marek • July 15, 2024
  • Colleagues standing
    Image attribution tooltip
    Permission granted by Planful
    Image attribution tooltip
    Sponsored by Planful

    3 reasons why it’s time to get on board with AI for growth

    Start thinking of AI as an offensive advantage instead of a defensive backstop.

    By Grant Halloran, Planful CEO • July 15, 2024
  • A person walks into BNY Mellon's headquarters in New York City.
    Image attribution tooltip
    Mario Tama / Staff via Getty Images
    Image attribution tooltip

    Banks should proactively combat instant payments fraud: BNY

    Use of data-sharing protocols among banks could warn customers before they send money, said Carl Slabicki, a BNY executive.

    By Suman Bhattcharyya • July 12, 2024
  • A person in a white t-shirt works behind the counter at a cafe.
    Image attribution tooltip
    Scott Olson / Staff via Getty Images
    Image attribution tooltip

    Casual dress codes, informal etiquette may help recruiting and retention, survey indicates

    Employers may want to be more lenient with attire, cellphones and communication, but such shifts also may confuse employees if expectations aren't clear.

    By Carolyn Crist • July 12, 2024
  • Wooden judge gavel and calculator on financial reports.
    Image attribution tooltip
    Valerii Evlakhov via Getty Images
    Image attribution tooltip

    Former tech CFO sanctioned in UK over fraud after US jail sentence

    The ex-finance chief of software vendor Autonomy is banned from working as an accountant in the U.K. until November 2038.

    By July 11, 2024