Tesla details its supply chain emissions for the first time

The EV maker released an estimate of its Scope 3 footprint, while also delving into its efforts to source minerals responsibly. 

By Ben Unglesbee • May 3, 2023

Guess taps Hugo Boss alum for CFO seat

The appointment of Markus Neubrand, a former CFO of Hugo Boss Americas, follows a “rigorous” search process, Guess CEO Carlos Alberini said.

By Alexei Alexis • May 3, 2023

Explore the Trendline➔

CFO best practices in the evolving generative AI era

As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.

By CFO Dive staff

Vertice reports spike in AI software spending

AI’s share of overall software spending across the Vertice network grew to 1% by the end of March, up from 0.2% at the start of the year, a five-fold increase.

By Alexei Alexis • May 2, 2023

Record high office vacancies spur sublease discounts

The U.S. office vacancy rate ticked up to a 30-year-high of 17.8% in the first quarter as hybrid work and recession fears weighed on demand, according to CBRE.

By Maura Webber Sadovi • May 2, 2023

JPMorgan to ‘fight hard’ to retain First Republic clients, CFO says

JPMorgan’s agreement to buy the failed bank’s assets once again raises questions of the health of the banking ecosystem, particularly shining a light upon regional banks.

By Grace Noto • May 1, 2023

Food Lion owner Ahold Delhaize poaches new CFO from construction company

Pending shareholder approval, Jolanda Poots-Bijl is set to take the financial helm from Natalie Knight who is leaving to take another CFO role at automaker Stellantis.

By Elizabeth Flood • May 1, 2023

Chipotle pauses menu price hikes, CFO says

With the once soaring cost of ingredients easing, Chipotle CFO Jack Hartung said the restaurant chain is pressing pause on its menu price hikes.

By Maura Webber Sadovi • April 28, 2023

AWS revenue growth slows as cloud market expands

Revenue growth has slowed for Amazon’s cloud division as customers seek cost savings in workload optimization.

By Matt Ashare • April 28, 2023

CISA seeks public comment on software security attestation form

The release is part of a larger effort by the Biden administration to strengthen software security at the development stage.

By David Jones • April 28, 2023

AI to help with ‘day two’ lease accounting

With the FASB issuing updated guidance, the proper use of AI will be key for growth.

By Elizabeth Flood • April 27, 2023

Meta to prioritize AI in future hiring efforts, CFO says

AI was a dominant theme of the Facebook and Instagram owner’s latest quarterly earnings call, in which the company reported its first sales increase in nearly a year.

By Alexei Alexis • April 27, 2023

Vera Bradley replaces CFO, plans more job cuts

The seller of women’s handbags is planning to cut as many as two dozen jobs as part of a corporate restructuring initiative targeting $12 million in incremental cost reductions.

By Alexei Alexis • April 26, 2023

ChatGPT fails accounting class

ChatGPT has met its match in an accounting course, with students scoring an overall average of 76.7%, compared to ChatGPT’s score of 47.4%, according to research from Brigham Young University.

By Elizabeth Flood • April 26, 2023

Tarsus Pharmaceuticals replaces CFO

The biopharmaceutical company is parting ways with former CFO Leo Greenstein, who started at his post back in 2020.

By Elizabeth Flood • April 25, 2023

Bed Bath & Beyond CFO ties bankruptcy to e-commerce ‘reluctance’

Holly Etlin, named Bed Bath & Beyond’s interim finance chief in February, stepped into the roles of CFO and chief restructuring officer Saturday.

By Maura Webber Sadovi • April 24, 2023

For a robust finance team, well-rounded talent is a must: Leia CFO

The newly-minted CFO will concentrate on FP&A and financial reporting this year, which requires finding finance employees that have a range of skill sets.

By Grace Noto • April 24, 2023

Disney to restructure finance team: CFO memo

In a memo to employees from CFO Christine McCarthy that was later leaked, she outlined plans for changes to the structure of the company’s financial team, according to a Business Insider report.

By Elizabeth Flood • April 24, 2023

ChatGPT says it’s not ready to be a CFO

CFO Dive decided to engage the popular AI tool in a conversation about both its potential and limitations in corporate finance.

By Alexei Alexis • April 24, 2023

SVB Financial Group’s CEO, CFO resign

The former Silicon Valley Bank parent did not name a replacement for the CEO role, but said Nicholas Grossi, managing director of advisory firm Alvarez & Marsal, will serve as the company’s interim CFO.

By Anna Hrushka • April 24, 2023

ESG reporting standard setter extends reach

The global effort to harmonize rules for corporate sustainability reporting is gaining momentum and expanding beyond concerns about climate change.

By Jim Tyson • April 21, 2023

Research, interest deduction changes bedevil tax filers

Two provisions of the 2017 Tax Cuts and Jobs Act that went into effect last year are still catching some finance leaders off guard.

By Maura Webber Sadovi • April 21, 2023

IBM leans on AI, hybrid cloud as infrastructure business stalls

“We've been digitally transforming IBM, much in the same way we're helping our clients with their transformation,” CFO James Kavanaugh said during a Q1 2023 earnings call.

By Matt Ashare • April 20, 2023

PCAOB flags widespread weaknesses in audits of SPACs

The criticism of SPAC audits follows a surge in restatements by the so-called blank-check companies.

By Jim Tyson • April 20, 2023

Dollar General SVP takes CFO seat

The company’s CFO switch comes as it looks to bump up staffing in a bid to increase its market share as inflationary pressures continue to impact consumer shopping habits.

By Grace Noto • April 20, 2023

Ex-Trump CFO is released from jail

Allen Weisselberg — the Trump Organization’s former finance chief — was released after this week serving about 100 days in a New York City prison. But more legal pressure looms.

By Maura Webber Sadovi • April 20, 2023