Leadership: Page 9
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Microsoft races to bring more cloud capacity online
Enterprise AI workloads and OpenAI training consumed Azure resources last year. “We have been short power and space,” CFO Amy Hood said.
By Matt Ashare • Jan. 30, 2025 -
Clorox treasurer tapped as next finance chief
Clorox’s treasurer will take the financial reins as the company recasts its strategy after recovering from a 2023 cyberattack that hurt 2024 net sales and cost it $49 million.
By Grace Noto • Jan. 30, 2025 -
Explore the Trendline➔
Kriangsak Koopattanakij via Getty ImagesTrendlineCFO best practices: lessons from the trenches
Leaders share operational and strategic learnings from their years in the top finance seat.
By CFO Dive staff -
ADM picks outsider for CAO amid accounting woes
Carrie Nichols will report to CFO Monish Patolawala, who took the finance reins last year after the company disclosed SEC and DOJ investigations into its accounting practices.
By Maura Webber Sadovi • Jan. 29, 2025 -
Fed holds main rate steady as Trump tariff threat poses inflation risk
Central bank policymakers, in a unanimous decision, paused monetary easing while noting that inflation remains above their 2% target.
By Jim Tyson • Updated Jan. 29, 2025 -
Victoria’s Secret taps former Joann exec for CFO seat
The transition comes as the lingerie retailer is pursuing a turnaround under a new CEO following market share declines and other challenges.
By Alexei Alexis • Jan. 29, 2025 -
Big Four, Apple weigh in on FASB’s proposed software guidance
While changes were suggested, many of the 32 respondents expressed general support for the broader effort to update the accounting guidance that has been untouched for decades.
By Maura Webber Sadovi • Jan. 28, 2025 -
SAP CFO: DeepSeek AI disruption is ‘very good news’
The Chinese startup's sudden rise has prompted mixed reactions, with President Trump calling the development a “wake-up call.”
By Alexei Alexis • Jan. 28, 2025 -
Trump order shifts AI policy away from Biden-era risk focus
The order calls for federal agencies to nix Biden policies that are deemed a threat to AI innovation.
By Alexei Alexis • Jan. 28, 2025 -
Tech execs grapple with budget sinkholes as AI drives up spend
Unpredictable cloud bills, outdated software licenses and shadow IT frustrate FinOps efforts, according to Apptio.
By Matt Ashare • Jan. 27, 2025 -
Culture, tech key to accounting talent retention: Wolters Kluwer
A supportive, tech-forward work culture can help retain younger entrants to the accounting profession, Wolters Kluwer’s Dean Sonderegger said.
By Grace Noto • Jan. 27, 2025 -
5 CFO tips for tariff scenario planning
Pulling forward purchases from Mexico and Canada is one of the ways that finance leaders can mitigate the impact of tariffs that are expected to be imposed next month, KPMG’s Andrew Siciliano said.
By Maura Webber Sadovi • Jan. 27, 2025 -
Agentic AI is here. Are CFOs ready?
It could take a while — perhaps years — before the technology’s full potential is realized, yet C-suites need to prepare now, analysts say.
By Alexei Alexis • Jan. 24, 2025 -
Republican bill seeks to ‘reinforce’ Trump’s global tax strategy
On Monday President Donald Trump ordered the U.S. out of a global tax deal that included a global minimum tax rate of 15% aimed in part at discouraging tax havens.
By Maura Webber Sadovi • Jan. 23, 2025 -
Former Visa CFO joins blockchain firm advisory board amid Trump crypto push
The appointment brings a veteran of a major credit card network player to the company’s board at a time when cryptocurrency firms are looking to establish higher trust and credibility.
By Grace Noto • Jan. 23, 2025 -
CFOs project 7.3% jump in wages, salaries, Deloitte survey finds
The bullish pay projections come as finance chiefs’ confidence in economic and business conditions soared to a 10-quarter high.
By Maura Webber Sadovi • Jan. 22, 2025 -
Evolving tech talent woes call for new ‘cultural’ playbook
As tech CFOs confront leaner budgets and AI’s impact, creating a strong culture can be a key talent retention tool, Grant Thornton’s Andrea Schulz said.
By Grace Noto • Jan. 22, 2025 -
Birkenstock brings on a new CFO as it pushes DTC strategy
Ivica Krolo will replace Erik Massmann, who helped guide the footwear brand through its initial public offering a little over a year ago.
By Daphne Howland • Jan. 22, 2025 -
Trump orders US out of global tax deal
Former Treasury Secretary Janet Yellen was a driving force behind talks led by the OECD that resulted in more than 130 countries agreeing to implement global tax rules in 2021.
By Maura Webber Sadovi • Updated Jan. 22, 2025 -
Trump taps crypto-friendly Mark Uyeda as acting SEC chair
The appointment likely signals a loosening of the SEC’s cyrptocurrency policy during the second Trump presidency.
By Grace Noto • Jan. 21, 2025 -
Trump rescinds Biden-era AI executive order
The move, which fulfills a Trump campaign pledge, potentially signals a less restrictive AI policy under his administration.
By Alexei Alexis • Jan. 21, 2025 -
6 big AI agent rollouts that impact finance teams
Microsoft and SAP are among software giants that have begun rolling out AI agents, with further innovations expected in the year ahead.
By Alexei Alexis • Jan. 21, 2025 -
SCOTUS rejects higher standard for overtime exemptions
The ruling is a “win” for businesses and “sets a consistent national standard under the Fair Labor Standards Act,” attorneys at Fisher Phillips wrote.
By Caroline Colvin • Jan. 17, 2025 -
SEC general counsel, chief economist latest to follow Gensler to exit
The agency’s chief of staff and director of policy are among other leaders who have announced their departures just days ahead of Donald Trump’s inauguration.
By Grace Noto • Jan. 17, 2025 -
Mattel launches hunt to replace retiring CFO
The El Segundo, California-based toy maker said it has increased “efficiencies” with over $400 million in cost savings during CFO Anthony DiSilvestro’s tenure.
By Maura Webber Sadovi • Jan. 17, 2025 -
SEC hits ex-pharma CFO with sanction over fraud charges
The former finance chief is barred under a commission order from serving as an officer of a public company or practicing before the SEC as an accountant.
By Alexei Alexis • Jan. 16, 2025