Leadership: Page 13
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How CFOs can tap procurement as a strategic enabler: SpendHQ
As finance chiefs search for ways to improve efficiency, teaming up with procurement may prove to be the key, SpendHQ CEO Scott Macfee says.
By Grace Noto • March 22, 2024 -
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Marqeta CFO touts EWA expansion
The card-issuing fintech has seen adoption of its debit card-linked EWA product increase as hourly workers at Walmart and Uber have been added, CFO Mike Milotich said.
By James Pothen • March 21, 2024 -
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TrendlineCompensation: solving the cost-talent puzzle
In today’s strong labor market, CFOs leery of raising wages find creative ways to find and retain key employees.
By CFO Dive staff -
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Boeing to spend $4B plus to fix safety, supply chain woes: CFO
The aerospace company’s finance chief on Wednesday detailed some of the financial implications of the safety issues that have have recently plagued the company.
By Suman Bhattacharyya • March 20, 2024 -
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Ex-Zillow, Amazon alum takes Varo CFO seat
The fintech will tap the Zillow and GE veteran’s financial acumen as it looks to return its path to profitability following a rocky 2023.
By Grace Noto • March 20, 2024 -
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Cube taps Workday alum to drive tech, finance synergy with new $20M funding
Workday alum Suresh Bala will keep his eye on the goals of the CFO as he taps the new funding to elevate Cube’s FP&A offerings, he said.
By Grace Noto • March 19, 2024 -
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Pitney Bowes CFO exit brings more C-suite churn
Finance chief Ana Maria Chadwick is leaving Pitney Bowes roughly five months after then CEO Marc Lautenbach stepped down.
By Maura Webber Sadovi • March 19, 2024 -
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Tech Q1 job cuts surge above 50K
The latest figures show that layoff activity in the tech sector may be far from over despite a huge drop after the first quarter of last year.
By Alexei Alexis • March 19, 2024 -
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CFOs play it safe on AI spending
Close to two-thirds (62%) of CFOs responding to a Deloitte poll anticipated an allocation of less than 1% of their organization’s budget for GenAI next year.
By Alexei Alexis • March 19, 2024 -
Courtesy of FASB
Private firms, not-for-profits reckon with CECL
Many not-for-profits and private companies are just beginning to grapple with the new rules for current expected credit loss accounting.
By Maura Webber Sadovi • March 18, 2024 -
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Joann files for bankruptcy; secures $132M in new financing
The craft retailer’s long-anticipated bankruptcy follows a $400k cash retention bonus paid out to its CFO.
By Grace Noto • March 18, 2024 -
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Joann approves $400K CFO retention bonus amid bankruptcy speculation
The struggling craft supplies retailer approved the bonus as it continues its hunt for a permanent CEO while facing liquidity and inventory challenges.
By Grace Noto • March 15, 2024 -
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Ex-Trulieve CFO sued over alleged scheme to ‘raid’ corporate coffers
The former CFO is accused of misappropriating hundreds of thousands of dollars for personal expenses, all under the pretense of business-related costs.
By Alexei Alexis • March 14, 2024 -
Courtesy of The Rockefeller Foundation
Q&ARockefeller Foundation’s new CFO: Climate crisis is a ‘big motivator’
Keith Olson took the finance reins of the 111-year-old philanthropic powerhouse earlier this month. He is an alum of the Bill & Melinda Gates Foundation.
By Maura Webber Sadovi • March 14, 2024 -
Courtesy of Popeyes
Popeyes parent names new CFO in leadership shakeup
The company named Sami Siddiqui as its CFO while Jeff Klein will fill Siddiqui’s previous role as president of Popeyes U.S.
By Julie Littman • March 14, 2024 -
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Apex Fintech CFO looks to identify key skill gaps ahead of potential IPO
Nasdaq alum Chantal Wessels is aiming to identify the critical skill sets and technologies Apex might need as it consolidates its plans for an IPO.
By Grace Noto • March 13, 2024 -
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EU lawmakers pass sweeping AI rules with global reach, stiff penalties
Penalties include up to €35 million or 7% of a company’s total worldwide annual turnover — whichever is higher — for violations of a ban on “emotion recognition” in the workplace.
By Alexei Alexis • March 13, 2024 -
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HSBC alum returns as Americas CFO
Andrew Fullam is returning to the London-based bank about a year after leaving to head up Enterprise Financial Planning & Analysis at Wells Fargo.
By Maura Webber Sadovi • March 13, 2024 -
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Affirm CFO swears off auto lending, for now
The buy now, pay later company seeks to be involved in more consumer spending opportunities, but finance chief Michael Linford all but ruled out auto lending.
By Caitlin Mullen • March 13, 2024 -
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Lack of C-suite trust puts focus on transparency, coordination: PwC
Building trust in the C-suite requires a “common view of prioritization,” PwC’s Wes Bricker said.
By Grace Noto • March 12, 2024 -
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Peloton CFO leans on cost cutting to reverse post-pandemic slump
Finance chief Liz Coddington is cutting overhead costs and driving more revenue from Peloton’s digital subscription and bike rental businesses.
By Suman Bhattacharyya • March 12, 2024 -
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New SEC cyber rules draw ‘question-begging’ breach disclosures
Filers may be opening the door to investor confusion by reporting breaches that don’t appear to be “material” as described, without explaining why they’re doing so.
By Alexei Alexis • March 12, 2024 -
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Costs, not security, worry enterprise leaders most as cloud estates multiply
Optimizing spend surpassed security among enterprise concerns, Flexera’s annual survey found.
By Matt Ashare • March 12, 2024 -
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AI deepfakes targeted in Biden’s State of the Union speech
The president’s remarks come amid growing concerns about the potential use of deepfakes to wreak havoc in elections or perpetrate fraud against businesses.
By Alexei Alexis • March 12, 2024 -
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OpenAI quells some enterprise fears as leadership saga concludes
The AI startup’s board expansion to include more enterprise experience will partly allay customer worries, one expert said, but safety concerns across vendors persist.
By Lindsey Wilkinson • March 11, 2024 -
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Skechers to pay $1.25M fine for undisclosed payments: SEC
The civil penalty comes as the SEC widens its spotlight on executive compensation and benefits.
By Grace Noto • March 11, 2024
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