Leadership: Page 2
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IBM’s Apptio unit ‘refines’ AI tool, eyes early 2025 rollout
“Customers are really pushing us to provide better, more actionable answers,” Apptio’s Eugene Khvostov said.
By Alexei Alexis • Nov. 5, 2024 -
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Your D&O coverage is probably inadequate, a broker says
If it is, you’ll want to know that before facing a shareholder lawsuit, Jason Bishara of NSI Insurance Group says.
By Robert Freedman • Nov. 4, 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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Main GenAI benefit so far is time saved, finance execs say
Generative AI is saving finance teams a lot of man hours as they ditch manual processes, but translating that into dollar-based ROI terms is tricky, panelists said.
By Chris Gaetano • Nov. 1, 2024 -
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Kraken cuts staff, appoints co-CEO and CFO
The crypto exchange appointed a new co-CEO and new finance chief, alongside cutting about 400 employees, sources told the New York Times.
By Gabrielle Saulsbery • Nov. 1, 2024 -
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Meta CFO: AI poised to drive ‘significant’ capex growth
The tech giant’s stock price fell after its third-quarter earnings report, as the company faces growing Wall Street angst over its ballooning AI expenditures.
By Alexei Alexis • Oct. 31, 2024 -
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EY firings highlight multitasking, professional training woes
The online training scandal comes about two years after the Securities and Exchange Commission fined EY $100 million for cheating by its auditors on ethics exams.
By Maura Webber Sadovi • Oct. 31, 2024 -
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23andMe turns to CFOs to fill director roles after mass board exit
Each of the three former finance chiefs will reap $1 million as the flagging business tries to right itself.
By Grace Noto • Oct. 31, 2024 -
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Planet Fitness picks retail veteran for CFO
Jay Stasz will replace retiring CFO Tom Fitzgerald, who has held the role at the health club chain for more than four years.
By Maura Webber Sadovi • Oct. 30, 2024 -
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Alphabet CFO looks to ‘push a little further’ on efficiencies, cost
Anat Ashkenazi is prioritizing cost reductions, even as the company expects to invest $13 billion next quarter in GenAI and other growth areas.
By Grace Noto • Oct. 30, 2024 -
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When it comes to AI, CFOs must get their ‘hands dirty’: EY
CFOs that want a successful AI strategy need to be sure they’re “skating to the puck,” EY’s Deidre Ryan said.
By Grace Noto • Oct. 30, 2024 -
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Shutterstock promotes former Getty Images CFO to finance chief
Getty alum Rik Powell will move to Shutterstock's top financial seat as it focuses on continuing to improve revenues for its content segment.
By Grace Noto • Oct. 29, 2024 -
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Tech leaders brace for high-stakes election
It’s unclear whether a Trump or Harris presidency would bring regulatory relief to big tech, which has faced growing antitrust scrutiny in Washington.
By Alexei Alexis • Oct. 29, 2024 -
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KPMG pilots AI agents
The Big Four accounting and consulting firm is interested in becoming a leader in the emerging AI agent space.
By Alexei Alexis • Oct. 29, 2024 -
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$816M ExxonMobil verdict is latest as juries seek environmental justice
No easing is in sight as companies face backlash for the impact their products have on the environment and public safety, a ruling shows.
By Jennifer Paley • Oct. 28, 2024 -
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Tesla earnings rise on energy storage surge
The EV maker remains focused on offering “extremely compelling” vehicle financing as demand in the overall industry continues to wane, Tesla CFO Vaibhav Taneja said.
By Grace Noto • Oct. 25, 2024 -
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Southwest details board travel perks as ex-Chevron CFO joins new director slate
The airline's board compensation package includes free travel on Southwest for each non-employee director, their spouse and children and 50 “unrestricted” one-way flight passes annually.
By Maura Webber Sadovi • Oct. 25, 2024 -
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Honeywell sales fall short amid warehouse automation weakness
“We navigated through a challenging operational environment in the third quarter,” CFO Greg Lewis said.
By Alexei Alexis • Oct. 24, 2024 -
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CFOs eye ROI ‘push pull’ for AI, growth balance: Heidrick & Struggles
To truly gauge the ROI of their GenAI investments, CFOs need to consider their strategic as well as their financial impact, Heidrick & Struggles’ Sachi Vora advised.
By Grace Noto • Oct. 24, 2024 -
Courtesy of Morningstar
Morningstar CFO to step down after 7-plus years
Over the course of Jason Dubinsky’s tenure as finance chief, Morningstar’s revenue, operating profit and cash flow have more than doubled, the company said.
By Maura Webber Sadovi • Oct. 24, 2024 -
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CFO competence ranked as a top factor in investor decisions
Investors are willing to increase their initial investment in an organization by an average of 2.6% when the CFO is the key strategic growth driver, OneStream found.
By Alexei Alexis • Oct. 23, 2024 -
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Red Lobster names Checkers alum CFO after Chapter 11 restructuring
Bob Baker brings more than three decades of restaurant industry experience to his new position, having held finance chief roles at Checkers & Rally, Benihana, Pieology Pizzeria, and Café Rio Mexican Grill.
By Grace Noto • Oct. 23, 2024 -
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CFOs key to effective AI change management: ShareFile
Isolating the technology’s “tangible value” is key to executing a successful, cost-effective AI strategy, ShareFile’s David Le Strat said.
By Grace Noto • Oct. 22, 2024 -
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HSBC names first woman CFO amid restructuring
The bank is simplifying its business into four spheres and has tapped its chief risk and compliance officer, Pam Kaur, to become its next finance chief.
By Gabrielle Saulsbery • Oct. 22, 2024 -
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Microsoft ups finance automation game with ‘AI agents’
The move comes as the AI innovation race among enterprise software providers is heating up.
By Alexei Alexis • Oct. 22, 2024 -
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Only 15% of companies have ROI metrics for GenAI: KPMG
The finding comes as many enterprises are deploying the technology on a larger scale.
By Alexei Alexis • Oct. 22, 2024
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