Leadership: Page 78
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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 -
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 -
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 -
Harvard CFO: 'We cannot do everything everyone wants'
Thomas Hollister said the perception of Harvard University as having unlimited resources is false, and it can't "continue to deficit spend on an operating basis."
By Jane Thier • Sept. 24, 2020 -
CFO 'filled gas tank' at COVID-19 start to keep company growing
CMS software platform Contentful had a good cash position, but a quickly executed fundraise helped it stay focused on its North Star.
By Robert Freedman • Sept. 24, 2020 -
CFOs urge C-suite to invest in poverty, climate change causes
A group of CFOs this week, including finance chiefs at Ford and Verizon, published a guide to help companies invest in the United Nations’ Sustainable Development Goals.
By Jane Thier • Sept. 22, 2020 -
Modeling skills a key shift in FP&A teams, CFOs say
The pandemic has accelerated the trend of new finance hires being expected to bring modeling competency to improve predictive analytics capabilities.
By Robert Freedman • Sept. 22, 2020 -
Lime CFO aims for profitability in 2021
As the dockless scooter startup pursues profitability, Andrea Ellis said the company is working towards its ultimate goal — "owning" all trips under five miles.
By Jane Thier • Sept. 21, 2020 -
Google CFO: In-person work 'key' to fostering innovation
Though Google is letting employees work remotely through July 2021, Ruth Porat said in-person collaboration "within teams and across teams" is critical.
By Jane Thier • Sept. 18, 2020 -
Opinion
Using agile planning to return to growth
Having a fully integrated, bottom-up and agile 12-month plan enables you and your team to react quickly when something like the pandemic comes your way.
By Darrell Cox • Sept. 18, 2020 -
Dunkin' CFO: Company's westward expansion 'key' to future development
Dunkin's decision to remain open as competitors closed and to open new branches in the South and West have positioned it well for the future, its CFO said Tuesday.
By Jane Thier • Sept. 17, 2020 -
The cost CFOs refuse to cut: Employee retention
As the pandemic drags on, CFOs are reexamining their budgets and overwhelmingly opting to protect staff retention efforts, fearing the costly departure of top performers.
By Jane Thier • Sept. 16, 2020 -
FedEx CFO retires, reflects on 40-year tenure, future of company
On his final earnings call Tuesday, Alan Graf Jr. offered a heartfelt retrospective while considering the future. "FedEx would not be the $69 billion globally admired corporation we are today without his leadership," CEO Fred Smith said.
By Jane Thier • Sept. 15, 2020 -
Survey: CFOs expect rise in corporate tax rates, trade tensions, post-election
Of those CFOs who participated in the PwC survey, 39% said the federal government should implement a strategy to boost domestic production of essential goods to bolster the economy.
By Jane Thier • Sept. 15, 2020 -
Peloton CFO: Company doesn't 'want, or need, gyms to die' to maintain growth
Jill Woodworth said the company's total recorded workouts, reaching almost 77 million in the quarter, is the KPI of which she is most proud.
By Jane Thier • Sept. 14, 2020 -
WeWork CFO to depart after 6 months
Kimberly Ross, who joined the embattled commercial real estate company in March, will be replaced by the CFO of its Americas business.
By Jane Thier • Sept. 11, 2020 -
Carnival Cruise Line CFO moves to The Fresh Market
Jim Heaney's hiring follows the specialty grocer’s appointment of a new CEO in March.
By Sam Silverstein • Sept. 3, 2020 -
Ernst & Young exec steps in as AccuWeather CFO
Shannon O'Neill, who has worked at Comcast, Golf Channel and Travel Channel, began work at the State College, Pennsylvania-based weather service on Tuesday.
By Jane Thier • Sept. 3, 2020 -
Following strong Q2, Zoom CFO says video conferencing is here to stay
Even after in-person gatherings return, video conferencing will remain a fixture in business, education and communication, and "will be a part of our lives forever," Zoom finance chief Kelly Steckelberg said.
By Jane Thier • Sept. 2, 2020 -
Bank of America finance chief moves to USAA
Jeff Wallace steps in as CFO at the military and veterans' insurance, banking and retirement solutions provider following a career of leadership at Bank of America, Wachovia, Deutsche Bank and Fidelity.
By Jane Thier • Sept. 1, 2020 -
Spotify CFO: Company could achieve profitability, 'If we wanted to'
Paul Vogel said transitioning from break-even to profitability is possible, but it would come at the cost of pivoting away from AI, machine learning, and research and development investments.
By Jane Thier • Aug. 31, 2020