Leadership: Page 6


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    Crypto theft doubles to $1.38B

    The May theft of over $300 million worth of bitcoin from Japanese cryptocurrency exchange DMM Bitcoin is the largest digital currency heist so far this year.

    By July 8, 2024
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    Atstock Productions via Getty Images
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    How CFOs can survive a takeover

    CFOs need to make sure they have a road map for handing the company over to the buyer, West Monroe’s Connor Augustyn said.

    By July 8, 2024
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    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
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    Jamie McCarthy via Getty Images
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    Serta brings in ElectroLux alum as finance chief after latest CEO swap

    GE alum Cesar Perez will take the mattress manufacturer’s financial reins only a few days after its newly-appointed CEO, Jim Loree, stepped into his role as of July 1.  

    By July 8, 2024
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    TBD

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    Sponsored by OneStream

    Future-proof finance talent through upskilling and digital transformation

    Why finance leaders must modernize within their own departments to bridge the growing talent gap.

    By Danielle Crane, Chief People Officer, OneStream • July 8, 2024
  • Luke Bryan performing on stage for a FanDuel brand party at the 2024 Kentucky Derby
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    Jeff Schear via Getty Images
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    Ex-Disney CFO joins FanDuel parent Flutter’s board

    The high-profile Disney alum is joining Flutter’s board as the company is doubling down on its U.S. sports betting business.

    By July 3, 2024
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    gorodenkoff via Getty Images
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    Almost 60% of corporate cybersecurity budgets are higher this year: report

    Artificial intelligence is a key focal area as organizations scramble to keep up with threat actors, the study shows.

    By July 3, 2024
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    DaniloAndjus via Getty Images
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    A CFO summer reading list

    As we move into the second half of the year, it’s a good time to take a break and head down to the pool — hopefully with a good book in hand.

    By July 3, 2024
  • workers toil on a hot construction site with the orange sun in the background
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    SonerCdem via Getty Images
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    OSHA proposes rule to protect workers from extreme heat

    Released this morning, the standard would require employers to provide water and rest breaks when high heat creates a hazardous work environment.

    By Zachary Phillips • July 2, 2024
  • A wide shot of the U.S. Supreme Court building
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    Al Drago via Getty Images
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    Chevron ruling adds new wrinkle to US cybersecurity efforts

    The Supreme Court decision could have major ramifications for federal agencies that rely on old laws to tackle digital-era policy challenges, legal analysts said.

    By July 2, 2024
  • Computer keyboard with key marked "insurance."
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    sodafish via Getty Images
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    Cyber insurance prices fall amid rising competition: report

    The pricing relief comes even as cyberattacks are escalating and businesses are paying more to recover from them.

    By July 2, 2024
  • An array of Fossil Group watches during a 2017 event
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    Astrid Stawiarz via Getty Images
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    Fossil names interim CFO after finance chief follows CEO out the door

    The watch and jewelry retailer is bringing in a Radisson Hotel and Icahn Enterprises alum as interim CFO after reporting a 22% drop in net sales for its most recent quarter.

    By July 1, 2024
  • Low Angle Shot of Data Center With Multiple Rows of Fully Operational Server Racks.
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    gorodenkoff via Getty Images
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    Enterprise cloud storage spend to double by 2028 as AI ramps up

    AWS dominated the segment with a 30% share of the nearly $60 billion market last year, according to Omdia’s analysis.

    By Matt Ashare • June 28, 2024
  • Computer keyboard with key marked "insurance."
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    sodafish via Getty Images
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    Cyberattack costs outpace insurance coverage: Sophos

    Only 1% of organizations that made a cyber insurance claim within the previous year saw their policy cover 100% of the costs they incurred while remediating the incident.

    By June 27, 2024
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    Michael Ochs via Getty Images
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    A CFO summer playlist

    With summer kicking into high gear, it’s a good time to add a little finance-inspired fun — yes sometimes we all need a reminder money can be fun — to your next gathering.

    By June 27, 2024
  • Variety Editor Emily Longeretta speaks during Hallmark event
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    Rodin Eckenroth via Getty Images
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    Hallmark Media nabs Paramount exec for CFO

    Anaïs Lempereur is the latest in a swell of executives departing from Paramount in recent months. 

    By June 27, 2024
  • The HP logo is displayed in front of the comany's office complex.
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    Justin Sullivan via Getty Images
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    HP taps former JP Morgan executive as CFO

    The transition comes as the tech giant is focused on recovering from sagging sales after heightened demand during the COVID-19 pandemic.

    By June 26, 2024
  • A technology executive presents a data visualization with the aid of a large screen.
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    Laurence Dutton via Getty Images
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    Deep Dive

    Modern finance team makeovers: Flexing the FP&A muscle

    As CFOs increasingly walk the line between finance and operations, FP&A leaders are stepping up to serve as their analytical brain trust.

    By June 26, 2024
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    Spencer Platt via Getty Images
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    Judge freezes ex-Detroit Riverfront CFO’s assets including boat, real estate

    The former finance chief of the Detroit Riverfront Conservancy faces criminal charges of bank and wire fraud in connection with a  $40 million embezzlement scheme.

    By June 25, 2024
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    Edwin Tan via Getty Images
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    Owens & Minor CFO resigns at company request

    The Fortune 500 healthcare company’s corporate treasurer is stepping in as interim after CFO Alexander Bruni was asked to depart.   

    By June 25, 2024
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    Chip Somodevilla via Getty Images
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    SEC’s $2.1M fine on RR Donnelly over hack response slammed as overreach

    The agency’s assertion that a cybersecurity failure can be punished as an “internal accounting controls” violation is raising eyebrows.

    By June 25, 2024
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    jeenah Moon via Getty Images
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    Opinion

    Harnessing GenAI in corporate finance: Lessons from Microsoft

    Finance teams deploying the technology need a "trust, but verify" approach to outputs, among other best practices, a pair of Microsoft executives write.

    By Georg Glantschnig and Cory Hrncirik • June 25, 2024
  • Corporate executives talking about data
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    gorodenkoff via Getty Images
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    Closing the risk talent gap: Getting the C-suite on the same page

    Finance, technology and risk executive leaders must be aligned to properly manage complex market, credit and operational risks, Selby Jennings’ Ben Hodzic said. 

    By June 24, 2024
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    sesame via Getty Images
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    Role clarity is key to fractional CFO pay

    Contract finance executives must understand the services they truly offer in order to charge — and be paid — what they’re worth, Joe Woodard said Sunday at his firm’s accounting tech conference.

    By Chris Gaetano • June 21, 2024
  • A digital outline of a brain with lights emerging from the stem, creating a half circle that looks like the globe.
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    dem10 via Getty Images
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    Opinion

    Mind the trust gap: Why C-suite humility matters in the AI era

    If executives engage in the big issues of today without acknowledging there can be a diverse set of explanations, they risk losing stakeholder trust, PwC’s Wes Bricker writes.

    By Wes Bricker • June 21, 2024
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    PhonlamaiPhoto via Getty Images
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    76% of large automating firms plan to swap workers with AI: CFO survey

    Automation ranks as a high or moderate priority for about 65% of companies, both large and small, Duke University’s Fuqua School of Business found.

    By June 20, 2024