Strategy & Operations: Page 47


  • a large white truck with XPO Logistics branding in red and black outside an office park.
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    Courtesy of XPO Logistics
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    B2B veteran named CFO of XPO Logistics’ spin-off

    Following the spin-off, RXO will be the third-largest provider of domestic and cross-border less-than-truckload freight shipping.

    By Elizabeth Flood • Sept. 8, 2022
  • A gray and white Bed Bath & Beyond store.
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    Daphne Howland/CFO Dive
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    Bed Bath & Beyond leadership gap a board ‘wake-up call’

    Bed Bath & Beyond’s appointment of Laura Crossen as interim CFO has raised questions about the type of permanent finance leadership the company will need. 

    By Sept. 7, 2022
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    lorozco3D via Getty Images
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    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
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    PhonlamaiPhoto via Getty Images
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    FreshBooks taps PwC alum as new CFO

    The cloud accounting software company appointed Wayne Jackson, who has 40 years of experience in the financial industry. 

    By Elizabeth Flood • Sept. 7, 2022
  • Law and money
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    matt_benoit via Getty Images
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    Law firm Olgetree Deakins taps former Steptoe CFO

    David Zimbrick will depart after two decades at Steptoe & Johnson in favor of  the CFO seat at Ogletree.

    By Elizabeth Flood • Sept. 6, 2022
  • The New York Stock Exchange in New York City.
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    Spencer Platt/Getty Images via Getty Images
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    Q3 earnings estimates cut ‘more than average’: FactSet

    S&P 500 companies for the second quarter reported their lowest growth in earnings on an annual basis since the fourth quarter of 2020, FactSet said. 

    By Sept. 6, 2022
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    Michael M. Santiago via Getty Images
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    Bed Bath & Beyond swiftly names interim CFO

    Laura Crossen’s appointment as interim CFO comes four days after the death of Gustavo Arnal, Bed Bath & Beyond’s finance chief since 2020.

    By Sept. 6, 2022
  • Exterior of Raley's O-N-E Market supermarket in El Dorado Hills, California
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    Permission granted by Raley's
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    Grocer Raley’s CFO killed in plane crash

    Ken Mueller, along with the company’s chief pilot, Richard Conte, perished after the aircraft they were on crashed near Galt, California, according to local reports.

    By Jeff Wells • Updated Sept. 6, 2022
  • A Bed Bath & Beyond sign against a blue sky with puffy white clouds.
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    Daphne Howland/CFO Dive
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    Bed Bath & Beyond CFO falls from NYC tower, dies

    Gustavo Arnal became Bed Bath & Beyond’s finance chief in 2020. The home goods retailer’s turnaround plans have been facing increasing headwinds.

    By Sept. 5, 2022
  • People pose with the Wall Street Bull in the financial district in Manhattan on June 14, 2022 in New York City.
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    Spencer Platt via Getty Images
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    Stock buyback tax could have broader impact: EY

    The 1% excise tax on stock repurchases was part of the Inflation Reduction Act and comes as the brisk pace of share buybacks has downshifted.

    By Sept. 2, 2022
  • Audit
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    "Audit" by GotCredit is licensed under CC BY 2.0
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    PCAOB finds audit flaws on fraud risk, SPACs

    During the coming inspection period, the PCAOB’s so-called Target Team will focus on “risks related to climate change” that influence companies’ financial statements.

    By Sept. 2, 2022
  • close up programmer man hand typing on keyboard laptop for register data system or access password at dark operation room , cyber security concept - stock photo
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    Chainarong Prasertthai via Getty Images
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    Cybersecurity firm ExtraHop names new CFO

    ExtraHop appointed Mike Parson as its new CFO, one of a series of new C-suite leaders named as the company seeks to scale up.

    By Elizabeth Flood • Sept. 2, 2022
  • Woman online shopping on smart phone.
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    Oatawa via Getty Images
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    Retailers double down on dynamic pricing to protect margins

    Dynamic pricing helps CFOs protect company margins but is increasingly subject to scrutiny.

    By Sept. 1, 2022
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    FangXiaNuo via Getty Images
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    The modern challenges for CFOs

    Mike Kelly of Ernst & Young (EY), talks talent retention, inflation, ESG reporting requirements and how these evolving issues are reshaping the top financial seat.

    By Elizabeth Flood • Sept. 1, 2022
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    Khanchit Khirsutchalual via Getty Images
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    Opinion

    Why C-suites need to get more serious about harnessing tax technology

    More than half of the C-suite executives surveyed said they’re not using their tax data to scenario-plan around policy changes or identify tax credits, a KPMG report found.

    By Greg Engel • Sept. 1, 2022
  • California union workers at a protest.
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    (David McNew/Getty Images) via Getty Images
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    Workers gain clout during pandemic: Gallup

    CFOs face pressure to raise wages as the number of job vacancies far exceeds the number of unemployed people looking for work.

    By Aug. 31, 2022
  • SAP corporate headquarters
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    Thomas Lohnes via Getty Images
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    SAP taps Airbus exec as new CFO

    Dominik Asam is leaving the aerospace corporation to take the top finance seat. 

    By Elizabeth Flood • Aug. 31, 2022
  • Federal Reserve building in Washington, D.C.
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    Chip Somodevilla via Getty Images
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    Fed’s Williams sees inflation falling to 2.5% to 3% next year

    The Federal Reserve must interpret several “crosscurrents” in the economy as it fulfills its pledge to curb inflation to 2%, according to the president of the New York Fed.

    By Aug. 30, 2022
  • A person holding a shopping cart stands in front of a row of refrigerators stocked with food at a grocery store.
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    Michael M. Santiago via Getty Images
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    Earnings Roundup: CFOs squeezed by high food costs hit price levers

    Executives in the restaurant and grocery sectors are being selective about how they raise prices to beat soaring ingredient and input costs. 

    By Aug. 30, 2022
  • Stocks continue To Fall Over Investor Worries Over Federal Reserve Moves
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    Michael M. Santiago via Getty Images
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    CFOs more worried about inflation than recession: Deloitte

    Nearly three quarters of CFOs are more concerned about persistent inflation than a recession, Deloitte’s third-quarter survey found.

    By Elizabeth Flood • Aug. 30, 2022
  • Business partners seen through glass discussing in meeting at office desk
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    Wavebreakmedia via Getty Images
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    How adopting OKRs can help CFOs through a recession

    When it comes to setting a company’s objectives, less is more, advises Gtmhub Vice President Jenny Herald. 

    By Elizabeth Flood • Aug. 29, 2022
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    PeopleImages via Getty Images
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    Rise of female CFOs outpaces slowing diversity gains

    Women comprised 16% of big company CFOs while Black, Latino and Asian executives held 10.9% of the top finance seats as of July 31, a study found. 

    By Aug. 29, 2022
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    Sakorn Sukkasemsakorn via Getty Images
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    Sponsored by Ryan

    Guide: How to turn your tax function into a strategic profit centre

    Many tax department heads and CFOs believe their organisations’ tax function needs to become more efficient and well-integrated.

    Aug. 29, 2022
  • Jerome Powell, testimony, U.S. House, Financial Services Committee
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    Win McNamee via Getty Images
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    3 takeaways from Fed Chair Jerome Powell’s Jackson Hole speech

    The central bank chief hinted at continued aggressive interest-rate hikes, said "some" economic pain now was preferable to more of it later, and invoked his forebears in a warning about expectations.

    By Dan Ennis • Aug. 26, 2022
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    Stuart C. Wilson via Getty Images
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    Payoneer CFO battles e-commerce slowdown

    Payoneer is counting on global growth and new services to offset what CFO Michael Levine called e-commerce “softness.”

    By Caitlin Mullen • Aug. 26, 2022
  • Uncut sheet of U.S. $100 bills
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    eranicle/iStock via Getty Images
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    Six CFO tips for defanging inflation: Deloitte

    While most CFOs have never faced the high price pressures of today, they can take steps to blunt the harm to their companies from inflation, Deloitte said.

    By Aug. 26, 2022