Disney CFO champions ‘big bets’ on cruises, streaming

Disney finance chief Hugh Johnston is focusing on removing “unnecessary costs” as the company continues to funnel billions into experiences such as cruises, he said.

By Grace Noto • Dec. 10, 2024

Bullish AI spenders report higher ROI rates

Organizations that commit 5% or more of their total budget toward AI see higher rates of positive returns compared with those spending less, EY found.

By Alexei Alexis • Dec. 10, 2024

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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

US poised for AI policy shake-up under Trump

The signs of a coming shift include Trump’s decision to tap former PayPal executive David Sacks as “AI and crypto czar,” according to attorneys at Perkins Coie.

By Alexei Alexis • Dec. 10, 2024

Super Micro gets delisting reprieve, filing extension

The San Jose, California-based tech company won a reprieve from the delisting threat it has faced since it failed to file its fiscal 2024 10-K in August.

By Maura Webber Sadovi • Dec. 9, 2024

Unilever CFO sees 7.5% pay boost for new procurement, tech responsibilities

Fernando Fernandez will receive a 7.5% pay bump to take control of supply chain and tech as Unilever continues to navigate the separation of its $19.5 billion ice cream business.

By Grace Noto • Dec. 9, 2024

Super Micro proposed class actions head toward consolidation

Litigation alleging Super Micro, its CEO and CFO misled investors is poised to heat up. But an AI supercomputer project the company is involved in got a shout-out from Elon Musk.

By Maura Webber Sadovi • Dec. 6, 2024

Health insurers remove executive bios, images from websites after UnitedHealthcare CEO killing

UnitedHealth, Elevance and some BCBS plans have deleted senior leadership pages from their corporate sites, while Centene and CVS scrubbed images of their executives online.

By Rebecca Pifer • Dec. 6, 2024

Braintree targets higher pricing, PayPal CFO says

PayPal is looking to create a more profitable unbranded payment business line, the CFO said.

By Suman Bhattacharyya • Dec. 5, 2024

Former Yelp exec named Etsy CFO

The change is part of a broader management shake-up at Etsy as it grapples with declining sales.

By Alexei Alexis • Dec. 5, 2024

Intel CFO: Core business strategy remains ‘intact’ after CEO exit

It’s likely the incoming CEO will have a foundry background, David Zinsner, CFO and interim co-CEO for Intel said during a conference Wednesday.  

By Grace Noto • Dec. 5, 2024

Trump’s SEC pick sparks concern from ESG, climate experts

The president-elect picked Paul Atkins for Securities and Exchange Commission chair, who experts expect to prioritize maximizing corporate returns over ESG considerations.

By Zoya Mirza • Dec. 5, 2024

Fluor CFO Joe Brennan to retire after 30 years

John Regan, currently Fluor’s executive vice president and chief accounting officer, will step into the role on March 1, 2025.

By Sebastian Obando • Dec. 5, 2024

Trump taps crypto lobbyist, business consultant to lead SEC

Trump’s nominee, Paul Atkins, served as a commissioner at the SEC under former President George W. Bush.

By Alexei Alexis • Dec. 4, 2024

Creating a tech-forward senior accounting talent strategy: EY

To retain top talent, CFOs need to balance senior accountants’ experience against AI’s promise, EY’s Daren Campbell said.  

By Grace Noto • Dec. 4, 2024

Dollar Tree CFO to step down next year

While financial performance improved during Q3, the retailer now faces the additional challenge of searching for a new CEO and CFO.  

By Nate Delesline III • Dec. 4, 2024

Nvidia CFO looks to ward against AI chip supply constraints

The company is focusing on streamlining the supply chain for its newest AI chip in the face of rising demand, CFO Colette Kress said.

By Suman Bhattacharyya • Dec. 3, 2024

Super Micro heeds committee call for new CFO amid process ‘lapses’

The tech company probe’s findings come on the heels of Big Four firm EY resigning in October from its position as Super Micro’s registered public accounting firm.

By Maura Webber Sadovi • Updated Dec. 4, 2024

Intel CFO takes interim co-CEO role after board ousts top exec

CFO David Zinsner will step in as interim co-CEO as Intel races to regain lost ground in the GenAI race after reporting a record loss of $16.6 billion for its most recent quarter. 

By Grace Noto • Dec. 3, 2024

Note from the Editor-in-Chief

A change in ownership and what it means for our readers.

By Davide Savenije • Dec. 3, 2024

Inside T. Rowe Price’s AI-driven spend transformation

Steps to overhaul the company’s spending approach have resulted in cost savings of more than $40 million, according to procurement chief Harold Wu.

By Alexei Alexis • Dec. 3, 2024

AI is becoming part of the CFO’s toolkit — like it or not

The question for CFOs isn’t whether they need AI, but how long they can survive without it, says Runway CEO Siqi Chen.

By Siqi Chen • Dec. 3, 2024

Bumble’s CFO resigns amid leadership shuffle

Anu Subramanian will step down from the CFO role in March after serving as the dating app provider’s finance chief since 2020.

By Maura Webber Sadovi • Dec. 2, 2024

Shifting data from liability to asset: Bloomfire CEO

In the AI era, CFOs need to ensure they’re focused on specific challenges when it comes to their data management strategies to get the most out of unstructured data, Bloomfire CEO Ben Little says.

By Grace Noto • Dec. 2, 2024

Samsung CFO takes on new role in management shake-up

The shift comes on the heels of profit struggles at Samsung and the company’s public apology to investors.

By Alexei Alexis • Nov. 27, 2024

Abercrombie & Fitch Co. taps new CFO as sales surge 14%

The Abercrombie and Hollister brands both saw strong double-digit growth in the third quarter, despite weather disruptions.

By Nate Delesline III • Nov. 27, 2024