Leadership: Page 73
-
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 -
Lululemon names new CFO
Meghan Frank has served as co-CFO in the interim since April, and her appointment comes shortly after several exec moves in October.
By Cara Salpini • Nov. 20, 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 -
How can CFOs become the deputy CEO?
Panelists at the MIT Sloan CFO Virtual Summit Thursday shared tactics and strategies for assuming the right-hand person role for their respective CEOs.
By Jane Thier • Nov. 19, 2020 -
Keep board meetings focused on strategy, avoid riffs, specialists say
Panelists at the MIT Sloan CFO virtual summit this week recommend getting financial information to members early to make board meetings more productive.
By Robert Freedman • Nov. 19, 2020 -
CFOs prioritize future-readiness; are wary of investing, survey finds
More than 5% of CFOs say their 2020 revenues are expected to be at least 3% lower than in 2019, Everest Group and WNS Global Services' Global CFO Survey found.
By Jane Thier • Nov. 19, 2020 -
How CFOs adjust storytelling to audiences' 'altitude'
Finance leaders need to know number details, but also how to tell the company’s high-level story, Avalara CFO Ross Tennenbaum said.
By Robert Freedman • Nov. 18, 2020 -
Sysco taps Target, Hillshire Brands alum as CFO
Aaron Alt has spent more than two decades leading large corporations' finance and operations, an experience Sysco will rely on it as it heads into a season of tightened restrictions.
By Jane Thier • Nov. 17, 2020 -
Cisco taps veteran SaaS CFO as new finance chief
In an effort to bolster its SaaS offerings, including its WebEx video-calling service, the company tapped Citrix and Autodesk alum R. Scott Herren to lead finance.
By Jane Thier • Nov. 16, 2020 -
Credit action helped payments company FLEETCOR withstand COVID-19
The company reined in the amount companies could float, limiting its exposure amid the uncertainty.
By Robert Freedman • Nov. 15, 2020 -
Data analytics, RPA top list of 2021 digital priorities, survey finds
In Gartner's most recent survey, all five of CFO's top priorities heading into 2021 are concerned with getting tech right.
By Jane Thier • Nov. 15, 2020 -
Lufthansa taps chocolate manufacturer CFO as its third finance chief of 2020
Remo Steenbergen will take over the German airline's finances from CEO Carsten Spohr, who had been serving as interim finance chief since June.
By Jane Thier • Nov. 12, 2020 -
Fifth Third CFO leaves for BMO, prompting C-suite shuffle
Tayfun Tuzun is the second C-suite exec to leave the Cincinnati-based bank in the past two weeks. Executive Vice President Philip McHugh left Oct. 26, and is subsequently suing the bank for age discrimination.
By Jane Thier • Nov. 11, 2020 -
Should CFOs stay in touch with recruiters after getting the job?
Even for CFOs with no intention of switching jobs, maintaining a long-term relationship with a recruiter could be crucial to their trajectory, executive recruiter Toya Lawson says.
By Jane Thier • Nov. 10, 2020 -
American Express finance chief moves to fintech Broadridge
Edmund Reese, who has led finance at American Express, Merrilll Lynch and Smith Barney, starts at the fintech on November 30.
By Jane Thier • Nov. 9, 2020 -
Column
CFO KPI Close-up: Lessons learned so far
With the help of a dozen finance leaders, CFO Dive has examined churn, cash flow, talent retention, ROIC and customer retention. What KPIs still need further attention?
By Jane Thier • Nov. 9, 2020 -
Blue Cross Blue Shield Association CFO: Board seats give wide view, require perspective
Don’t lose sight of which hat you’re wearing when you’re part of other companies’ leadership, finance chief Bob Kolodgy says.
By Robert Freedman • Nov. 9, 2020 -
Deep Dive
3 must-have CFO skills: Operating finance, strategy and communications
Corporate finance experience is declining, while investment banking is rising, as a path to the CFO seat, CFO Dive data shows. Public accounting remains the gold standard.
By Robert Freedman • Nov. 8, 2020 -
ID verification company Trulioo taps former Deloitte auditor as CFO
Ramsden joins as the company experiences a substantial spike in business. The pandemic has caused the rise of virtual transactions, opening the door to more opportunities for fraud.
By Jane Thier • Nov. 7, 2020 -
Equinox finance VP steps in as Noodles & Co. CFO
Carl Lukach arrives as the chain continues its rebound efforts after an early-pandemic struggle to maintain business. In the spring, Noodles saw same-store sales drop by double digits.
By Jane Thier • Nov. 3, 2020 -
Column
CFO KPI Close-up: Customer retention
Retaining customers begins with not giving them an excuse to leave, especially during times of economic uncertainty, three customer retention experts say.
By Jane Thier • Nov. 2, 2020 -
Delta CFO to step in at GM
Paul Jacobson, 48, walked back initial plans to retire in April, opting to stay with Delta as it weathers the pandemic. He moves to the automaker on December 1.
By Jane Thier • Nov. 2, 2020 -
Finance leadership means owning blame, CFO says
Hire people smarter than you, give them credit and take responsibility when things go wrong, because you only succeed when they do, Bluecore CFO Michelle McComb says.
By Robert Freedman • Nov. 1, 2020 -
Tapestry CFO to become CEO
Joanne Crevoiserat, hired last year as CFO of the parent company of Coach, Kate Spade and Stuart Weitzman, has been interim CEO since Jide Zeitlin's abrupt July departure.
By Daphne Howland • Oct. 28, 2020 -
Survey: CFOs asked to lead digital resource allocation, staffing
Companies increasingly look towards finance leaders for guidance on allocating both digital resources and staff as companies prolong remote work, new research from Protiviti finds.
By Jane Thier • Oct. 27, 2020 -
Column
CFO KPI Close-up: Return on invested capital
"ROIC is a vastly superior way to measure long-term success than EBITDA," Jack McCullough of CFO Leadership Council says. So why don't more CFOs track it?
By Jane Thier • Oct. 27, 2020