Leadership: Page 71
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Ahead of SPAC deal closure, David Lee says AppHarvest 'will not miss a beat'
Lee, who spent five years as CFO of Impossible Foods, moved to the venture-backed agricultural tech startup shortly after its $28 million Series C round.
By Jane Thier • Jan. 21, 2021 -
Weis Markets picks K-VA-T executive as new CFO
Michael T. Lockard, who has also worked as a financial executive at Walmart and UPS, will join the company in March.
By Catherine Douglas Moran • Jan. 21, 2021 -
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 -
Yellen: Small business, COVID-19 aid more important than deficits right now
The Biden Administration wants to amend rather than repeal the 2017 tax law by eliminating some benefits to large companies and the highest-income taxpayers, the Treasury nominee said during her confirmation hearing.
By Jim Tyson • Jan. 20, 2021 -
Diageo North America finance chief promoted to CFO
Lavanya Chandrashekar will start as global CFO of London-based liquor company behind Johnnie Walker, Ketel One and Guinness on July 1.
By Jane Thier • Jan. 18, 2021 -
Payments company CFO: We won't work with partners 'not aligned with our values'
Affirm went public on Wednesday, a week after the insurrection that has spurred many platforms to reassert their values.
By Jane Thier • Jan. 14, 2021 -
How General Mills CFO prioritizes ESG
Sharing a headquarters city with the site of George Floyd’s killing, and working to provide food during a crisis, has made the company's ESG commitment more than a feel-good effort, Kofi Bruce said.
By Jane Thier • Jan. 13, 2021 -
Deep Dive
2021 Outlook: Why, and how, the CFO should lead ESG efforts
This year, CFOs should prepare their companies for increased scrutiny on environmental, social and governance performance, if they haven't already.
By Jane Thier • Jan. 12, 2021 -
Deep Dive
5 CFO trends to watch in 2021
Greater attention to ESG metrics, real-time data and the wind-down of LIBOR are among the trends you'll see this year.
By Jim Tyson • Jan. 11, 2021 -
Middle market CFOs predict 'extraordinary' growth in 2021, survey finds
After an unprecedented year, CFOs anticipate recovery and new opportunities, the 2021 BDO Middle Market CFO Outlook Survey, released Monday, found.
By Jane Thier • Jan. 11, 2021 -
Top red flags CFOs accidentally raise on earnings calls
Transparency is typically the issue when finance leaders' comments spark concern.
By Ted Knutson • Jan. 7, 2021 -
Starbucks hires 3rd CFO in 3 years
Rachel Ruggeri, who leads finance for Starbucks Americas, will succeed Patrick Grismer, effective Feb. 1.
By Emma Liem Beckett • Jan. 7, 2021 -
Impossible Foods CFO moves to AppHarvest
David Lee will join the developer and operator of large greenhouse farms to lead strategy as the company prepares to become publicly traded.
By Christopher Doering • Jan. 7, 2021 -
Instacart taps Goldman Sachs IPO specialist as CFO
Nick Giovanni is joining the fast-growing e-commerce company amid anticipation that it will go public in 2021.
By Sam Silverstein • Jan. 7, 2021 -
Former Domino's CFO steps in at FIGS
Jeffrey Lawrence's move to the direct-to-consumer health care apparel brand follows a growing trend of experienced public company CFOs jumping aboard the startup train.
By Jane Thier • Jan. 6, 2021 -
Blue Apron taps former Ann Taylor CFO
Despite nearly four years as a public company, the meal kit delivery service has yet to reach profitability on an annual basis.
By Jane Thier • Jan. 5, 2021 -
2020 CFO Dive trends to watch
Jan. 5, 2021 -
Former Viacom CFO new CEO at Univision
Wade Davis became CEO following the FCC's Dec. 29 approval of the sale of a majority stake in Univision Holdings by investment group ForgeLight, of which Davis is co-founder and CEO.
By Jane Thier • Jan. 4, 2021 -
Developer behind Amazon's HQ2 hires new CFO
Moina Banerjee, who started as JBG SMITH's CFO on Jan. 1, said long-term plans for Amazon's HQ2 are undeterred by the pandemic.
By Jane Thier • Jan. 1, 2021 -
CFOs predict revenue rebound in 2021, survey finds
American finance chiefs surveyed by Duke University’s Fuqua School of Business expect their companies' revenue to jump 6.9% in 2021, following a 0.3% rise this year.
By Jane Thier • Dec. 22, 2020 -
ESG, green financing among CFO trends to watch in 2021
During the pandemic, CFOs' roles have expanded considerably. Most of these new obligations will carry over into the coming years, Accenture's managing director Aneel Delawalla says.
By Jane Thier • Dec. 21, 2020 -
Jack in the Box latest restaurant chain to name new CFO
Timothy Mullany will be filling the role after a six-month search, following a string of CFO departures at Cracker Barrel, Taco Bell and Papa John's.
By Jane Thier • Dec. 20, 2020 -
NerdWallet taps eBay CFO
Lauren St. Clair joins the personal finance startup after it acquired U.K.-based personal finance website Know Your Money and New York-based lending marketplace Fundera.
By Jane Thier • Dec. 17, 2020 -
Emerging from bankruptcy, California Pizza Kitchen hires new CFO
Judd Tirnauer arrives from the CFO post at Black Angus Steakhouse. Before that, he was CFO at fashion retailer Wet Seal, and of Real Mex Restaurants.
By Jane Thier • Dec. 16, 2020 -
Doctor On Demand taps Aetna finance exec as new CFO
"The pandemic has accelerated virtual care's adoption in ways we never could have anticipated," Nick Lanzi said. "I’m thrilled to be joining an organization deeply committed to making healthcare more accessible."
By Jane Thier • Dec. 15, 2020 -
Cracker Barrel CFO to retire
The Lebanon, Tenn.-based chain has appointed Doug Couvillion, its senior vice president of sourcing and supply chain, as Interim CFO, effective upon Jill Golder's December 31 retirement.
By Jane Thier • Dec. 14, 2020