Leadership: Page 51
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Pot supplier MedMen names new CEO, CFO
The struggling cannabis retailer named its fifth CEO in three years and seventh CFO in five years.
By Alexei Alexis • July 6, 2023 -
Uber competitor Bolt appoints new CFO
As the Estonian ride-hailing company looks ahead to an IPO in 2025, Mikko Salovaara, former CFO of Revolut, takes the financial helm.
By Elizabeth Flood • July 6, 2023 -
Explore the Trendline➔
alexyz3d via Getty ImagesTrendlineNavigating risk in turbulent times
CFOs must help their organizations mitigate risks by balancing the need for both growth and stability.
By CFO Dive staff -
Wise CFO nets larger pay than CEO
CFO Matt Briers took home higher compensation as he prepares to step down from the company. The money transfer service’s CEO is also leaving for a planned sabbatical in September.
By Grace Noto • July 6, 2023 -
Trackable ads trump swag as budgets tighten
Marketing spending is facing higher scrutiny as CFOs push trackable advertising over broad brand campaigns.
By Suman Bhattacharyya • July 6, 2023 -
How to position your organization ahead of FTC’s noncompete rule
Even without knowing what the Federal Trade Commission's final noncompete ban will look like, there are steps GCs can take to be ready.
By Robert Freedman • July 6, 2023 -
Auddia CFO steps down after a five month stint
Timothy Ackerman is departing from his role as CFO of the AI platform after being appointed in February.
By Elizabeth Flood • July 5, 2023 -
SEC charges former View CFO with negligence-based fraud
The SEC is seeking civil penalties against the smart window manufacturer’s former CFO, alleging he violated federal securities law.
By Grace Noto • July 5, 2023 -
Opinion
CFOs shouldn’t let high rates hold them back
A capital project that automates a business can yield a positive discounted investment return, Bill Fink asserts. When rates do come down, CFOs can refinance the debt.
By Bill Fink • July 5, 2023 -
Enovix taps semiconductor exec for CFO
The new finance chief was named just days after the Fremont, California-based company said it had received a purchase order to produce battery cells for the U.S. Army.
By Maura Webber Sadovi • June 30, 2023 -
Disney: the ‘Game of Thrones’ C-suite
Christine McCarthy left the CFO seat for a family medical leave of absence, but there may be more to the story, according to a Stanton Chase exec.
By Elizabeth Flood • June 30, 2023 -
CFOs stuck between short-term costs, long-term goals: EY
The balancing act between short-term and long-term performance is one of three major paradoxes finance leaders face in today’s environment, EY said.
By Grace Noto • June 30, 2023 -
CFO, others charged in $53M pandemic relief fraud scheme
The case is the largest one investigated by the Pandemic Response Accountability Committee Fraud Task Force, created in 2020 to root out COVID-19 pandemic relief fraud, DOJ said.
By Alexei Alexis • June 29, 2023 -
Volvo ends CFO hunt with Sandvik alum
Volvo picked industry veteran Mats Backman for its CFO as the automaker grapples with new technology affecting its businesses along with lingering supply chain and inflationary challenges.
By Grace Noto • June 29, 2023 -
Harley-Davidson picks insider for CFO
Jonathan Root is taking the Milwaukee, Wisconsin-based company’s finance reins amid a slump in sales of its iconic motorcycles.
By Maura Webber Sadovi • June 28, 2023 -
Bridgewater’s Karniol-Tambour calls for more quantitative tightening
“Stickier than expected” inflation is bad for both stocks and bonds, Karniol-Tambour asserts.
By Suman Bhattacharyya • June 28, 2023 -
Pricefx CFO stresses diversification in business funds
In a post-SVB world, diversifying funds is key to a healthy business, according to CFO Gillian Sheeran.
By Elizabeth Flood • June 27, 2023 -
KPMG cuts about 1,900 more US jobs
The layoffs will include cuts in its audit business — a notable shift given the company and the industry have recently struggled with accounting talent shortages.
By Maura Webber Sadovi • June 27, 2023 -
Wasabi CFO urges finance leaders, C-suite to embrace AI
CFOs need to take a more risk-forward mindset when it comes to AI to ensure they are well-placed for the coming “data wave.”
By Grace Noto • June 27, 2023 -
Amex promotes deputy to CFO
When long-time American Express CFO Jeff Campbell exits in August, the company’s deputy CFO, Christophe Le Caillec, will take the top financial post.
By Caitlin Mullen • June 27, 2023 -
AI linked to new crop of business email scams
Businesses can no longer count on bad spelling and grammar to red-flag problem emails: Fraudsters are using AI to craft well-written email messages at scale.
By Alexei Alexis • June 27, 2023 -
Fintech startup TreasurySpring raises $29M amid bank turmoil
The startup is among fintech companies looking to capitalize on the Silicon Valley Bank collapse and other recent bank failures.
By Alexei Alexis • June 26, 2023 -
IBM to acquire Apptio in $4.6B deal
The purchase highlights a persistent customer interest in optimizing cloud costs, and opens upselling opportunities for IBM's hybrid cloud playbook.
By Roberto Torres • June 26, 2023 -
SEC puts SolarWinds CFO on notice in cyberattack probe
The news underscores the growing legal exposure that CFOs have as they are increasingly expected to take on broader remits of responsibilities — including technology.
By Maura Webber Sadovi • June 26, 2023 -
Inflation, talent shortages undercut finance team efficiency: report
Under pressure from inflation and a dearth of skilled talent, finance teams’ efficiency is suffering, a survey finds.
By Grace Noto • June 26, 2023 -
Papa John’s taps Nike exec for CFO
Ravi Thanawala takes on his new role next month as the company seeks to open more locations.
By Elizabeth Flood • June 26, 2023