Leadership: Page 72
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Cigna promotes government business head to CFO
Brian Evanko replaces Eric Palmer, who is becoming COO of Cigna's new fast-growing health-services subsidiary Evernorth.
By Jane Thier • Dec. 13, 2020 -
How a CFO learned from Napster's music piracy
Life360 CFO Russell Burke brings experience from his days battling the disruption of peer-to-peer file sharing.
By Robert Freedman • Dec. 12, 2020 -
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 -
CFO succession planning
Dec. 11, 2020 -
4 in 5 companies to change ESG measures in exec pay plans, survey finds
Despite larger cost-cutting objectives, boards are putting a stronger emphasis on environmental, inclusion and diversity priorities, according to a Willis Towers Watson survey.
By Jane Thier • Dec. 10, 2020 -
CFOs optimistic but don't see normalcy in 2021, survey finds
Just over two in five CFOs said they expect to meet 95% or more of their pre-pandemic revenue expectations, Deloitte's 4th-quarter CFO Signals Survey found.
By Jane Thier • Dec. 9, 2020 -
Dive Awards
Innovator of the Year: David Lee, Impossible Foods
In David Lee’s first year as finance chief, Impossible, the brand known for meatless products, has squeezed in decades’ worth of accomplishments, in the midst of a pandemic that has brought countless competitors to their knees.
By Jane Thier • Dec. 9, 2020 -
Dive Awards
Company of the Year: Walmart
The merchandising giant has embraced flexible functions to become an omnichannel retailer.
By Robert Freedman • Dec. 9, 2020 -
Dive Awards
CFO of the Year: Kelly Steckelberg, Zoom
The veteran CFO has used strategic insight and operational experience to help one of the biggest beneficiaries of the pandemic manage its meteoric growth.
By Robert Freedman • Dec. 9, 2020 -
Dive Awards
The CFO Dive Awards for 2020
In a year where companies and their finance leaders had to weather unprecedented crises, the following awardees stood out for their bold leadership.
By CFO Dive Team • Dec. 9, 2020 -
Should CFOs let remote employees play 'paycheck arbitrage?'
Some companies are allowing permanent remote work, but don’t want to pay as much to employees who move to lower-cost areas.
By Robert Freedman • Dec. 8, 2020 -
Taco Bell CFO moves to Qdoba after 6 months
Leviathan Winn, who spent the bulk of his career in investment banking before stepping in as Taco Bell's global CFO in May, was named Qdoba's finance chief Monday.
By Jane Thier • Dec. 8, 2020 -
Activision sues Netflix for poaching its CFO
This is the third time Netflix has been sued for allegedly hiring employees enmeshed in fixed-term agreements. The first two suits were filed by Fox and Viacom.
By Jane Thier • Dec. 7, 2020 -
Fintech start-up One Inc. taps Microsoft exec as new CFO
"At this stage of my career, I’ve got a pretty full toolbox that can help One Inc. really grow to the next stage," Paul Schmidt said. "A CFO's key questions are always how do we make money, and how do we grow?"
By Jane Thier • Dec. 5, 2020 -
2020 MIT Sloan CFO Virtual Summit: Full coverage
Dec. 4, 2020 -
CFO broke mold when he took Snap public in 2017
Drew Vollero, now CFO of security company Allied Universal, had no IPO or tech experience, but he knew how to build a finance function.
By Robert Freedman • Dec. 3, 2020 -
Capital One CFO to depart for health insurance start-up Oscar
R. Scott Blackley will leave the bank on March 1, and will be replaced by Andrew Young, its business line CFO.
By Jane Thier • Dec. 3, 2020 -
AT&T exec becomes WarnerMedia CFO amid latest round of layoffs
Jennifer Biry replaces Pascal Desroches, who will become AT&T's CFO.
By Jane Thier • Dec. 3, 2020 -
Salesforce CFO to depart amid landmark Slack deal
In an earnings release Tuesday, CEO Marc Benioff announced Chief Legal Officer Amy Weaver will step in as the next finance chief.
By Jane Thier • Dec. 2, 2020 -
COVID-19 has led to better business insights, CFOs say
The pandemic’s upheaval forced finance teams to better understand what their customers, suppliers and employees want, according to CFOs at last month's MIT Sloan CFO virtual summit.
By Robert Freedman • Dec. 1, 2020 -
Noom CFO: Company pursues 'greater predictability' in forecasting, business planning
"We have made no decisions about an IPO, [but] we’re on the precipice of growing into a more mature, significant company," Michael Noonan says.
By Jane Thier • Dec. 1, 2020 -
Coca-Cola CFO prefers 'scenario management' to 'scenario planning'
Leadership starts with understanding the consumer and anticipating future trends, John Murphy said. Over time, Coca-Cola has moved from "essentially a single-brand company to what we call a 'total beverage company.'"
By Jane Thier • Dec. 1, 2020 -
Pandemic expanded CFO path to CEO, survey finds
Companies hiring CEOs during the pandemic are mostly tapping CEOs from other companies, but they're also increasingly hiring CFOs for the top spot, a survey of 965 global companies found.
By Robert Freedman • Nov. 26, 2020 -
Deep Dive
How Gilead finally spent its money
This year, the biotech spent about $27 billion trying to become a leader in cancer research. But Gilead's CFO, Andrew Dickinson, said there's still work to be done.
By Jacob Bell • Nov. 24, 2020 -
Zoom, Grubhub took risks to help customers during pandemic
Few companies benefited from the pandemic more than these two, so finance decisions were made to help hard-hit customers, company CFOs said at the MIT Sloan CFO virtual summit.
By Robert Freedman • Nov. 23, 2020 -
Most important part of financial planning? Communication.
"This is when we need to show what leadership is all about," Judy Romano, CFO of commercial and technology for InterContinental Hotels Group, said on a virtual MIT Sloan CFO Summit panel Friday.
By Jane Thier • Nov. 23, 2020