Leadership: Page 3
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OneStream CFO keeps eye on AI as 2025 growth driver
While generative AI is likely to be a growth driver for the SaaS company, ensuring CFOs can see the technology’s “inner workings” is key, OneStream CFO Bill Koefoed said.
By Grace Noto • Dec. 17, 2024 -
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Flagstar makes 2nd CFO change this year
Lee Smith, the bank’s president of mortgage, will take over as chief financial officer Dec. 27, as Craig Gifford pursues “personal endeavors outside of banking,” Flagstar said. Gifford joined Flagstar in April.
By Dan Ennis • Dec. 17, 2024 -
Explore the Trendline➔
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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 -
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Warehouse robot forecast lowered as retail correction persists
While growing at a slower pace, global mobile robot sales are still projected to reach $5.5 billion in 2024 and rise more than 20% annually up to 2030.
By Alexei Alexis • Dec. 17, 2024 -
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SEC cybersecurity enforcement outlook uncertain as Trump 2.0 looms
With issues such as cryptocurrency and climate change facing the next SEC chair, it’s unclear whether rolling back cybersecurity rules will be high on the priority list.
By Alexei Alexis • Dec. 17, 2024 -
Courtesy of MassMutual
MassMutual’s first female CFO looks back on her career, automation, and getting loud
Betsy Ward — the life insurer’s finance chief since 2016 — is retiring at the end of the year. She will be succeeded by Mary Jane Fortin, formerly of Thrivent Financial.
By Maura Webber Sadovi • Dec. 16, 2024 -
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Critical thinking, ‘soft skills’ key for effective tech implementation: IMA
Controllers tasked with creating a generative AI implementation plan will benefit from brushing up on their critical thinking skills, IMA’s Rebecca Baker said.
By Grace Noto • Dec. 16, 2024 -
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Costco CFO looks to ‘pull forward’ inventory buys amid tariff uncertainty
“In general, of course, tariffs raise costs so that's not something that we see as a positive,” Costco CFO Gary Millerchip said on the company’s earnings call Thursday.
By Maura Webber Sadovi • Dec. 13, 2024 -
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FTC plots new course on antitrust, Big Tech under Trump nominees
Current commissioner Andrew Ferguson will become chair under Trump and Mark Meador, a former Senate counsel, will join the commission.
By Justin Bachman • Dec. 13, 2024 -
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Mercedes-Benz taps Continental finance leader for board seat
The appointment is among a series of board leadership changes at Mercedes-Benz after it posted significant profit losses in the third quarter.
By Alexei Alexis • Dec. 12, 2024 -
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PCAOB could be defanged by incoming Trump administration
The new presidential administration might not abolish the PCAOB — but it doesn’t need to in order to render it ineffective, accounting professor Robert Pawlewicz said.
By Grace Noto • Dec. 12, 2024 -
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Morningstar picks insider for CFO
Michael Holt will take the finance reins of the Chicago-based investment research and financial services firm from Jason Dubinsky on Jan. 1.
By Maura Webber Sadovi • Dec. 11, 2024 -
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For tech-forward finance, CFOs must zero in on AI ‘literacy’: Seismic
Offering resources and training for much-needed AI skills is essential for CFOs looking to drive critical ROI with such technology investments, Seismic’s Kerry Ryan said.
By Grace Noto • Dec. 11, 2024 -
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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 -
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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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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 -
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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 -
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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 -
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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 -
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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 -
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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 -
Courtesy of Etsy
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 -
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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 -
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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 -
Courtesy of Fluor
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 -
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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
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