NFL poaches NBC Sports CFO

Christine Dorfler is departing from her 20-year tenure at NBCUniversal to fill the CFO shoes of an NFL C-suite veteran.

By Elizabeth Flood • March 22, 2023

Fed hikes main rate by quarter-point, notes ‘resilient’ banking system

The central bank tightened borrowing costs despite banking instability as inflation persists well above its 2% target.

By Jim Tyson • March 22, 2023

Explore the 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

Papa Johns CFO resigns

Ann Gugino, who has been at the pizza chain since 2020, is leaving effective May 31. Papa Johns has begun a search for a permanent CFO. 

By Julie Littman • March 22, 2023

Fed likely to hike main rate despite banking turmoil: economists

Banks will likely reduce lending in coming months, complementing Fed efforts to cool the economy while increasing the risk of recession, economists said.

By Jim Tyson • March 21, 2023

Accountants head overseas for talent

The lure of sexier jobs in the tech sector has cut into the number of U.S. students pursuing accounting careers. Looking abroad for talent may be the next best move.

By Elizabeth Flood • March 21, 2023

Travel + Leisure CFO talks uptick in travel, bleisure

Despite headwinds on travel from the pandemic, CFO Mike Hug has continued to capitalize on new opportunities within the industry.

By Elizabeth Flood • March 20, 2023

2 growth blockers too big to ignore

Data and human limitations cap your ability to drive revenue. It’s time for AI to help us break through.

March 20, 2023

Mattel CFO sees movie tie-in boosting Barbie sales

The iconic El Segundo, California-based toymaker had a tough 2022 but CFO Anthony DiSilvestro expects the outlook to improve and says parents will always prioritize spending on their children.

By Chris Gaetano • March 17, 2023

SVB’s parent company files for bankruptcy protection

The move will allow SVB Financial Group “to preserve value as it evaluates strategic alternatives” for venture-capital business SVB Capital and broker-dealer SVB Securities, the company said.

By Dan Ennis • March 17, 2023

How ERP modernizations fare amid cost cutting

Some companies are pausing or delaying ERP implementations. But projects moving ahead face sharper scrutiny than before.

By Jen A. Miller • March 17, 2023

Skechers CFO expects lower 2023 shipping pricing

When it comes to gross margins, Skechers’ CFO John Vandemore says last year wasn’t his “proudest.” But he’s now prioritizing inventory management which he called “crucial” to protecting margins.

By Suman Bhattacharyya • March 16, 2023

SVB CFO may be swept up in stock dumping scrutiny

Three SVB Financial senior officers, including the finance chief, sold company shares worth a combined total of about $4.5 million as of Jan. 1, according to insider trading research firm Smart Insider.   

By Alexei Alexis • March 16, 2023

Nearly one-third of CFOs to diversify deposits across banks: study

CFOs are looking to take immediate action to assess the risk and exposure to their businesses following recent bank failures.

By Elizabeth Flood • March 16, 2023

Burberry poaches CFO from McLaren

The British luxury fashion house announced another change in its C-suite after naming a new CEO just last year.

By Elizabeth Flood • March 15, 2023

Core inflation rises, challenging Fed amid banking instability

Even as high inflation persists, the failure of Silicon Valley Bank and Signature Bank has undercut expectations that the Fed will step up the pace of monetary tightening.

By Jim Tyson • March 14, 2023

SVB failure could cloud CFOs’ sunnier outlook

CFOs are cautiously optimistic for 2023, according to Deloitte’s latest CFO signals survey, but the swift downfall of SVB could test that.

By Elizabeth Flood • March 14, 2023

Finance tech guru dishes on ChatGPT

While the technology holds promise, concerns over the privacy risks are justified for now, finance tech expert Glenn Hopper says.

By Alexei Alexis • March 13, 2023

Biden support for depositors may not brighten credit outlook

The high-profile failures of Silicon Valley Bank and Signature to hedge against interest rate risk may lead to a period of tighter credit, economists and financial advisers said.

By Jim Tyson • March 13, 2023

SVB could be biggest story for CFOs since COVID-19

The CFO Leadership Council held an emergency meeting on the Silicon Valley Bank crisis Friday while some finance leaders are bracing for broader ripple effects.

By Maura Webber Sadovi • March 13, 2023

DocuSign makes surprise CFO transition announcement

Cynthia Gaylor is stepping down from her role as CFO as the company handles the aftermath of two rounds of layoffs and leadership team expansion.

By Elizabeth Flood • March 13, 2023

4 keys to automation roadmapping

Finance tech projects undertaken without a good roadmap could be headed for failure, according to Gartner analyst Nisha Bhandare.

By Alexei Alexis • March 13, 2023

Your company is changing software providers. Now, you just have to break it to staff.

It’s on technology leaders to reduce friction and frustration, engage stakeholders and foster communication to ensure a migration goes smoothly.

By Lindsey Wilkinson • March 13, 2023

Executives’ dim US economic outlook eases slightly: AICPA

The executives’ slightly less gloomy first quarter U.S. economy outlook comes as finance leaders are continuing to grapple this week with more mixed economic signals. 

By Maura Webber Sadovi • March 10, 2023

Allbirds replaces CFO with ex-Adidas exec

The Silicon Valley favorite sneaker brand is the second direct-to-consumer brand this week to report disappointing earnings and a CFO transition.

By Elizabeth Flood • March 10, 2023

Regulators take over Silicon Valley Bank

The California Department of Financial Protection and Innovation closed the embattled bank and appointed the FDIC as receiver, regulators said Friday.

By Anna Hrushka • March 10, 2023