GM hit by supply chain issues, remains optimistic for vehicle demand, pricing

Detroit automaker General Motors saw its net income drop 40% amid supply chain challenges, inflation and geopolitical conflict, but the company remains optimistic regarding vehicle demand and pricing.

By Grace Noto • July 26, 2022

Retired PwC vet appointed CFO of Sierra Madre

Fresh from its recent acquisition of a high-grade mine in Mexico’s silver belt, Sierra Madre has appointed Kenneth Scott, formerly a partner at PwC, as its new CFO.  

By Elizabeth Flood • July 26, 2022

Explore the Trendline➔

Compensation: 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

Gartner: CFOs likely to reduce sustainability spend before talent development, tech

Economic pressures could lead CFOs to cut down on investments in sustainability despite a growing executive focus on ESG, Gartner finds.

By Grace Noto • July 25, 2022

Police equipment-maker Wrap taps new CFO

Wrap Technologies expects demand for non-lethal law enforcement tools to grow as communities seek more hands-off and compassionate policing practices in the wake of the murder of George Floyd.  

By Maura Webber Sadovi • July 25, 2022

Companies can benefit from employee recognition programs: Gallup

Training managers to publicly acknowledge employees for who they are and what they do could save a 10,000-employee company up to $16.1 million in turnover costs annually.

By Elizabeth Flood • July 25, 2022

Coca-Cola CFO to take on additional role as president

Coca-Cola CFO John Murphy will also serve as company president following retirement of current president Brian Smith.

By Grace Noto • July 22, 2022

Loop: Why CFOs must craft strong relationships to foster growth

Building out strong internal relationships with key individuals is essential for CFOs as their roles continue to transform, said Valerie Bauer Gore, CFO of post-purchase software provider Loop Returns.

By Grace Noto • July 22, 2022

NBCUniversal Peacock CFO to transition to MariaDB

Christine Napoli, a 25-year NBCUniversal veteran, will take on the financial helm at open source software firm MariaDB as the company gears up to go public via SPAC offering.

By Grace Noto • July 21, 2022

Netflix marches forward with paid sharing among changing subscription market

The streaming service pinched off its subscriber bleed and is trialing several features to bolster revenue, including paid sharing and advertising features.  

By Grace Noto • July 20, 2022

PetMed Express swaps out long-time CFO

PetMed Express will swap out its CFO of 21 years in favor of new blood, with RealNetworks CFO Christine Chambers set to take on the company’s top financial role.

By Grace Noto • July 19, 2022

Unpacking crypto and FASB’s new priorities with Richard Jones

The Financial Accounting Standards Board Chair Richard Jones discussed the organization’s agenda, a possible quick fix and the accounting topic that finally trended on social media.

By Maura Webber Sadovi • July 18, 2022

Twitter suit details CFO, CEO caught in Musk crossfire

Twitter’s complaint paints a picture of senior executives under pressure as they seek to cooperate with and provide information to a mercurial buyer.

By Maura Webber Sadovi • July 13, 2022

Trailblazing CFOs are turning rampant uncertainty into opportunity

It’s clear that the CFOs who take a creative and nimble approach to operating their businesses will continue to fare better than those taking the more classic, slightly deliberate and conservative approach of even the more “modern” CFOs.

By Dan Fletcher, CFO, Planful • July 12, 2022

Long-time Vail CFO, key to acquisitions, exits

Vail CFO Michael Barkin is stepping down, as the company's new CEO has shifted the resort operator's focus to better support employees, amid worker shortages.

By Maura Webber Sadovi • July 11, 2022

Brainard urges more oversight of crypto

The Federal Reserve vice chair on Friday said the May collapse of the Terra stablecoin, which wiped out millions of dollars in a matter of days, was “reminiscent of classic runs throughout history.”

By Anna Hrushka • July 11, 2022

Twitter CFO retweets board plan to enforce Musk deal

Experts have differed as to whether Twitter CFO Ned Segal would remain at the company in a Musk-led scenario. 

By Maura Webber Sadovi • July 10, 2022

GameStop ousts CFO, taps former interim finance chief

Michael Recupero’s exit could be a signal that GameStop’s effort to “Amazon-ify” its business isn’t working. 

By Maura Webber Sadovi • July 8, 2022

Don't abandon stablecoins over Terra, CFO says

Fintechs and financial services players will "be the driver of innovations and regulations that enable stablecoins, crypto and other digital assets to scale," argues Metallicus Chief Financial Officer Irina Berkon.

By Irina Berkon • July 8, 2022

Advent's Maitland predicts CFOs will return to convertible bonds

Global convertible bond issuance volumes posted a record slow first half, plummeting nearly 90% year-over-year to $11 billion, according to a Bank of America report.

By Maura Webber Sadovi • July 7, 2022

Binance.US snares former PayPal CFO for future IPO

PayPal alum Jasmine Lee will head up the financial team for cryptocurrency exchange Binance.US as it continues to chart a course to an IPO among a roiled market.

By Grace Noto • July 7, 2022

Former Dallas CFO takes on top finance position at transit system

Former Dallas city CFO Elizabeth Reich will take on the top financial role for Dallas Area Rapid Transit one month after resigning from her city post. 

By Grace Noto • July 6, 2022

BNY Mellon poaches new CFO from Goldman Sachs

BNY Mellon’s pick of Dermot McDonogh as CFO comes just months after the bank announced Robin Vince would succeed CEO Todd Gibbons, who is retiring.

By Maura Webber Sadovi • July 6, 2022

U.K. value retailer B&M swipes UBS, Citi alum to serve as CFO

U.K.-based retail chain B&M European Value Retail is tapping Mike Schmidt to serve as CFO and executive director as top companies pull out more incentives to snare financial executives.  

By Grace Noto • July 5, 2022

Chicago woos out-of-state execs with post-Roe letters

Chicago economic development officials, often forced to fend off concerns around crime and high taxes, quickly launched an offense touting its advantages to business, executives and their employees in a post-Roe world. 

By Maura Webber Sadovi • July 1, 2022

Cutting commodities as inflation hedge now 'team sport': Chatham

Companies are moving to reduce their commodities exposure to hedge against spiking inflation and recession fears, but doing so successfully means thinking about this as a “team sport,” Amol Dhargalkar, chairman of the board for Chatham Financial, said.

By Grace Noto • June 30, 2022