Intel CFO: Core business strategy remains ‘intact’ after CEO exit

It’s likely the incoming CEO will have a foundry background, David Zinsner, CFO and interim co-CEO for Intel said during a conference Wednesday.  

By Grace Noto • Dec. 5, 2024

Trump taps crypto lobbyist, business consultant to lead SEC

Trump’s nominee, Paul Atkins, served as a commissioner at the SEC under former President George W. Bush.

By Alexei Alexis • Dec. 4, 2024

Explore the Trendline➔

Digital transformation, one smart step at a time

As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

By CFO Dive staff

Creating a tech-forward senior accounting talent strategy: EY

To retain top talent, CFOs need to balance senior accountants’ experience against AI’s promise, EY’s Daren Campbell said.  

By Grace Noto • Dec. 4, 2024

Nvidia CFO looks to ward against AI chip supply constraints

The company is focusing on streamlining the supply chain for its newest AI chip in the face of rising demand, CFO Colette Kress said.

By Suman Bhattacharyya • Dec. 3, 2024

Intel CFO takes interim co-CEO role after board ousts top exec

CFO David Zinsner will step in as interim co-CEO as Intel races to regain lost ground in the GenAI race after reporting a record loss of $16.6 billion for its most recent quarter. 

By Grace Noto • Dec. 3, 2024

Inside T. Rowe Price’s AI-driven spend transformation

Steps to overhaul the company’s spending approach have resulted in cost savings of more than $40 million, according to procurement chief Harold Wu.

By Alexei Alexis • Dec. 3, 2024

AI is becoming part of the CFO’s toolkit — like it or not

The question for CFOs isn’t whether they need AI, but how long they can survive without it, says Runway CEO Siqi Chen.

By Siqi Chen • Dec. 3, 2024

Shifting data from liability to asset: Bloomfire CEO

In the AI era, CFOs need to ensure they’re focused on specific challenges when it comes to their data management strategies to get the most out of unstructured data, Bloomfire CEO Ben Little says.

By Grace Noto • Dec. 2, 2024

Samsung CFO takes on new role in management shake-up

The shift comes on the heels of profit struggles at Samsung and the company’s public apology to investors.

By Alexei Alexis • Nov. 27, 2024

PE pressure could spur more tech M&A

The tech sector has a rising hunger for M&A deals that is expected to persist into 2025, but the U.S. election introduces new uncertainties, KPMG deal experts said.

By Chris Gaetano • Nov. 27, 2024

Zoom rebrands, aims to be known as ‘AI-first’ company

“Zoom is now about so much more than video meetings,” CEO Eric Yuan said.

By Alexei Alexis • Nov. 26, 2024

AI rush is fueling tech debt ‘tsunami’: Forrester

The research highlights the growing challenges faced by businesses as they scramble to adopt AI and avoid falling behind competitors.

By Alexei Alexis • Nov. 26, 2024

Intuit rolls out AI QuickBooks enhancements as CEO eyes AI agents

The upgrades to QuickBooks come as the firm targets AI agents that could potentially replace CFOs and other executives in the C-suite, the CEO said.

By Suman Bhattacharyya • Nov. 25, 2024

Rise in US health benefit costs to accelerate to 10.2% next year: WTW

More than half of employers plan to trim health care costs by implementing strategies such as pharmacy benefit management, WTW said.

By Jim Tyson • Nov. 22, 2024

CFOs zero in on AI ‘auditability’ for 2025: Visual Lease

CFOs are keeping their focus on finding AI tools with “some good bit of traceability” in the face of a rising tide of potential vendors, Visual Lease’s Amie Durr said.  

By Grace Noto • Nov. 21, 2024

KPMG to invest $100M in Google Cloud effort

The move expands an existing alliance as KPMG looks to bolster its consulting services, including by developing advanced generative AI agents.

By Alexei Alexis • Nov. 21, 2024

Trump win, interest rate cuts could spur M&A spike next year: EY

Dealmakers are “energized” by the prospect of less regulation in the coming Trump administration as well as continued interest rate cuts, said EY’s Mitch Berlin.

By Alexei Alexis • Nov. 20, 2024

Walmart CFO keeps eye on prices, tariffs

Walmart is looking to continue to attract high-income consumers with the right price mix, even as CFO John Rainey anticipates price hikes in the face of potential tariffs.

By Grace Noto • Nov. 20, 2024

Why AI alone won’t solve biased underwriting

Combining AI advances with thoughtful, human-powered selection of risk data that benefit the members of underserved communities is the winning strategy for fairer underwriting, Jin Han writes.

By Jin Han • Nov. 20, 2024

Trump’s DOJ pick has backed tough antitrust actions against big tech

Even if the controversial nominee is confirmed, it’s not yet clear if his “surprising” antitrust positions will be adopted in the Trump administration, analysts said.

By Alexei Alexis • Nov. 19, 2024

AI’s coming for finance jobs, CFOs expect: Datarails

Finance chiefs expect AI to shrink the number of roles in the finance function by 2026, Datarails found in a survey. 

By Chris Gaetano • Nov. 19, 2024

Spirit CFO says post-pandemic airline sector is ‘unrecognizable’

Budget carriers like bankrupt Spirit Airlines have been “disproportionately” affected by industry headwinds as they rely on “much slimmer margins,” CFO Fred Cromer writes.

By Maura Webber Sadovi • Nov. 18, 2024

CFOs are leading the expansion of FP&A throughout the enterprise

CFOs drive FP&A expansion with AI and data integration.

Nov. 18, 2024

Federal watchdog flags restrictive licensing practices in cloud

The U.S. Government Accountability Office uncovered vendor management processes across several federal agencies that led to cost overruns.

By Matt Ashare • Nov. 14, 2024

4 tech issues to watch in Trump’s second term

AI, cloud and cybersecurity policies are in the spotlight ahead of the forthcoming Trump administration.

By Roberto Torres • Nov. 12, 2024