Leadership
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EPA issues violation notice to ADM over carbon sequestration permit
The violation relates to corrosion in a monitoring well at the agricultural supply chain company’s second injection site that has since been plugged and did not affect surface or groundwater, ADM said in a statement.
By Lamar Johnson • Sept. 16, 2024 -
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T-Mobile hikes CFO compensation amid antitrust scrutiny
The CFO’s raise comes as T-Mobile looks to continue an aggressive growth push in the face of antitrust scrutiny from lawmakers.
By Grace Noto • Sept. 16, 2024 -
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TrendlineCFO best practices: lessons from the trenches
Leaders share operational and strategic learnings from their years in the top finance seat.
By CFO Dive staff -
Courtesy of IMAX
IMAX CFO: Taking a disciplined approach to movie magic
Dubbed a “homegrown talent” when named CFO in 2022, Natasha Fernandes says relationships forged in the finance trenches have been key to her success.
By Maura Webber Sadovi • Sept. 13, 2024 -
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Microsoft names former GE CFO to long-vacant COO role
The tech giant is tapping the GE alum to serve as COO, a role which has stayed vacant for eight years, as it continues to bet big on AI.
By Grace Noto • Sept. 13, 2024 -
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Economic, cyber worries among top CFO concerns: Travelers
Over half of CFOs pointed to mitigating business risks as a key skill set, a recent Travelers study found.
By Grace Noto • Sept. 12, 2024 -
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CFOs’ AI adoption gains momentum: Gartner
Sixty-six percent of finance leaders are more optimistic about the technology compared to last year, the study found.
By Alexei Alexis • Sept. 11, 2024 -
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Ally shares slump after CFO warns of ‘intensified’ credit challenges
Borrowers have continued to struggle with high inflation, cost of living and a “weakening” employment picture, CFO Russ Hutchinson said.
By Grace Noto • Sept. 11, 2024 -
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Citi CFO: Businesses mull derisking as uncertainty persists
While the “boil” appears to be coming off inflation, companies are still grappling with uncertainty around elections and rates, Citigroup’s Mark Mason said Monday.
By Maura Webber Sadovi • Sept. 10, 2024 -
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Airwallex eyes embedded payments in globalization push
Two “immediate bets” the company is making include increasing headcount in Brazil and Mexico, executive GM Ravi Adusumilli said.
By Grace Noto • Sept. 10, 2024 -
Techa Tungateja via Getty Images
B2B payment fraud poised for 2024 surge
The threat can be devastating, with many companies losing more than 30% of their total revenue to fraudulent activities each year, according to a Creditsafe report.
By Alexei Alexis • Sept. 10, 2024 -
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Companies lean on AI in push to curb cyber insurance costs
Half of business leaders responding to a Delinea survey said their organization was able to negotiate a lower cyber insurance rate after using AI.
By Alexei Alexis • Sept. 10, 2024 -
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UPenn, University of Texas produce most CFOs
In a shakeup, The University of Texas at Austin unseated University of Virginia this year to top the list of public schools that have produced the most sitting finance chiefs.
By Maura Webber Sadovi • Sept. 9, 2024 -
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Salesforce shapes industry-tailored AI play targeting 15 sectors
The software provider unveiled an AI Use Case Library with more than 100 AI capabilities aimed at financial services, life sciences, healthcare and other sectors.
By Lindsey Wilkinson • Sept. 9, 2024 -
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New Eli Lilly CFO to receive $1M salary, bonus opportunity
The financial leadership transition is coming as the pharma giant hovers just below a $1 trillion market cap in the midst of rising demand for several new medications.
By Grace Noto • Sept. 9, 2024 -
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SoundHound AI programmatic M&A strategy targets 2025 ‘break even’
In the midst of AI hype, SoundHound is leaning on programmatic M&A to balance profitability with hypergrowth, CFO Nitesh Sharan said.
By Grace Noto • Sept. 6, 2024 -
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Fewer small businesses plan near-term raises, survey says
While the share of small business owners planning near-term raises ticked down, average pay hikes are on track to outpace inflation, according to QuickBooks’ findings.
By Chris Gaetano • Sept. 6, 2024 -
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Honeywell taps insider for CFO seat
The transition comes as Charlotte, North Carolina-based Honeywell’s CEO is laser-focused on accelerating growth.
By Alexei Alexis • Sept. 5, 2024 -
Courtesy of ADM
New ADM CFO to tackle ‘root cause’ of material weakness
Just weeks into his CFO tenure, Monish Patolawala said he’d prioritize remediating the accounting woes that have rocked the company this year.
By Maura Webber Sadovi • Sept. 4, 2024 -
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August tech layoffs surpassed 26K, highest level since January
Tech job cuts are continuing to pile up as industry leaders zero in on objectives such as freeing up capital to fund AI initiatives.
By Alexei Alexis • Sept. 4, 2024 -
Courtesy of Rite Aid
Rite Aid exits bankruptcy, promotes CFO to CEO
Chief Financial Officer Matt Schroeder will take over the CEO post from restructuring officer Jeffrey Stein.
By Daphne Howland • Sept. 4, 2024 -
Mario Tama via Getty Images
ESG controllers: The newest finance hires
Depending on the company’s structure, the specialized controllers often report to the corporate controller or the CFO, Deloitte’s Kristen Sullivan said.
By Maura Webber Sadovi • Sept. 3, 2024 -
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Paysafe taps FIS alum for CFO amid growth pivot
The iGaming payments platform is looking to expand on its “robust” performance in the first half of the year with the appointment of new financial leadership.
By Grace Noto • Sept. 3, 2024 -
Tero Vesalainen via Getty Images
Deepfake scams escalate, hitting 53% of businesses
Eighty-five percent of corporate finance professionals now view such scams as an “existential” threat, a Medius study found.
By Alexei Alexis • Sept. 3, 2024 -
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OpinionDeveloping a winning tech strategy for your organization
Business leaders must embrace team cross-functionality if they want their tech strategy to succeed, Deloitte’s Frank D’Amelio and John Marcante write.
By Frank D’Amelio and John Marcante • Sept. 3, 2024 -
CFO Editorial Staff
Tyson Foods appoints new CFO, replacing troubled scion
John R. Tyson was suspended in June following his second drunk driving incident since taking the executive role in 2022.
By Nathan Owens • Aug. 30, 2024
