Leadership: Page 74
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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 -
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 -
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 -
Nasdaq promotes CAO to CFO
Ann Dennison will report to CEO Adena Friedman, making Nasdaq one of few large, public companies with both a female CEO and CFO.
By Jane Thier • Oct. 22, 2020 -
Goldman Sachs partner joins Israeli cybersecurity startup as CFO
Deep Instinct, where Heather Bellini will step in on January 1, is planning on an IPO in two to three years.
By Jane Thier • Oct. 21, 2020 -
HVAC manufacturer Carrier hires 2nd CFO within 1 year
The Florida-based company filed its IPO six months ago, following a spinoff from its former partner United Technologies Corp.
By Jane Thier • Oct. 20, 2020 -
Column
CFO KPI Close-up: Talent retention
With turnover more costly, talent retention has become a marker of a company's health and a primary CFO responsibility.
By Jane Thier • Oct. 20, 2020 -
Survey: CFOs 'bullish' on returning to pre-pandemic spending
CFOs have gone from "spending watchdogs to spending champions" over the course of 2020, NetSuite Brainyard said in its Fall 2020 State of the CFO Role Survey.
By Jane Thier • Oct. 19, 2020 -
Deep Dive
ESG to transform CFO role
Now that the Big Four have agreed on a set of metrics, the path forward is becoming clearer for standardized corporate ESG reporting.
By Ted Jackson • Oct. 18, 2020 -
ACV Auctions taps former Fitbit CFO
After raising $55 million in equity in a funding round last month, the online used-car marketplace hired veteran tech executive Bill Zerella.
By Jane Thier • Oct. 18, 2020 -
HSBC finance head steps in as Libra CFO
Ian Jenkins, the third HSBC exec to join Libra this year, also previously served as chief risk officer at Santander and COO at Credit Suisse.
By Jane Thier • Oct. 15, 2020 -
Opinion
The CFO's critical role in customer retention
In the midst of a widespread health and financial crisis, retaining customers is more important than ever, and the job often falls to the CFO, SurveyMonkey CFO Debbie Clifford writes.
By Debbie Clifford • Oct. 14, 2020 -
CFO: Public markets remain best for capital raises, business discipline
A three-time IPO finance leader says companies miss a lot if they opt for private capital after they've become big enough to go public.
By Robert Freedman • Oct. 14, 2020 -
BCG partner steps in as new Macy's CFO
Before joining Boston Consulting Group, Adrian Mitchell held various executive positions at retailers including Crate and Barrel and Target.
By Daphne Howland • Oct. 14, 2020 -
Inching towards an IPO, Squarespace hires Booking.com CFO
Marcela Martin, former CFO at Fox International, National Geographic and Booking.com, will bring the experience Squarespace needs as "a late-stage private company," CEO Anthony Casalena said.
By Jane Thier • Oct. 13, 2020 -
Tesco taps former Mondelez, Kraft exec as finance chief
Imran Nawaz will take the helm at Britain's largest grocery chain in April, the company announced Wednesday.
By Jane Thier • Oct. 8, 2020 -
Survey: 1 in 3 employers to lower 2021 pay raises
Despite pandemic-related concerns about profitability and budgeting, two-thirds of employers expect to fund annual short-term bonuses in 2021.
By Jane Thier • Oct. 7, 2020 -
How CFOs speak truth without alienating colleagues
Silicon Valley veteran Maynard Webb says good finance leaders find a way to protect integrity without unnecessary business disruption.
By Robert Freedman • Oct. 7, 2020 -
Target FP&A head tapped as new Papa John's CFO
Ann Gugino "brings deep experience in the consumer and retail sector, including driving demand and profitability across digital and traditional commerce at Target," Papa John’s president and CEO Rob Lynch said.
By Jane Thier • Oct. 6, 2020 -
Siemens USA CFO: Outward-focused finance team essential
Computation skills must be the starting point, not the limiting factor, for staff to realize full potential, Marsha Smith says.
By Robert Freedman • Oct. 3, 2020 -
PepsiCo CFO on issuing guidance for first time since April
"We have pretty good visibility into the next quarter," Hugh Johnston said. "We feel like we can give investors a reasonable level of confidence in what we expect to deliver."
By Jane Thier • Oct. 3, 2020 -
Ford announces CFO's departure on new CEO's first day
CEO Jim Farley announced a number of leadership changes on his first day in the role, including CFO Tim Stone's departure for a software company.
By Jane Thier • Oct. 1, 2020 -
Costco CFO keeps close eye on working capital, inventory
Same-store sales for the members-only retail store rose more than 14% year-over-year in its most recent quarter, which Richard Galanti credits to consistent communication with merchants and suppliers.
By Jane Thier • Oct. 1, 2020 -
Opinion
To succeed post-COVID, CFOs need an attitude adjustment
The CFO's past objectives were accommodating stakeholders, delivering the right numbers, and profitability. Now, they must center employee connection, wellness and satisfaction, Replicon CEO Lakshmi Raj says.
By Lakshmi Raj • Sept. 27, 2020