Deloitte China to pay $20M SEC penalty

The penalty is the latest sign of regulators’ battle to ensure foreign companies on U.S. exchanges comply with the country’s accounting standards.

By Maura Webber Sadovi • Sept. 30, 2022

NJ Devils, Philly 76ers veteran named Schellman CFO

Andy Goldstein, who has held the top financial seat for big-name brands such as the New Jersey Devils, will tap his 22 years of industry experience as CFO for the accounting firm.

By Elizabeth Flood • Sept. 29, 2022

Explore the Trendline➔

Top 5 stories from CFO Dive

The promises and traps of generative AI, revamped modern finance teams and stark geopolitical risks are among the top forces CFOs are grappling with this year.

By CFO Dive staff

Tyson Foods promotes chairman’s son to CFO

John R. Tyson, son of Chairman John H. Tyson, was promoted to CFO as the company navigates economic headwinds including higher supply costs.

By Elizabeth Flood • Sept. 28, 2022

Prioritizing AR innovation can help CFOs weather recession: study

With inflation top of mind for CFO’s, upgrading AR processes could help financial executives buffer against persistent economic pressures.

By Grace Noto • Sept. 28, 2022

PayPal alum latest to take CFO seat for Zepz as it reaches profitability

PayPal alum Robert Mitchell will take the remittance platform’s financial helm as it looks to foster further growth after reaching profitability during the first half of 2022.

By Grace Noto • Sept. 27, 2022

EY’s split to offer CFOs ‘more choice,’ exec says

The auditing and consulting firm is in the “design” phase as EY partners vote on its separation, leaving CFOs facing unanswered questions regarding auditing fees.

By Elizabeth Flood • Sept. 27, 2022

FleetCor taps insider interim after CFO resigns

CFO seat turnovers are coming at a brisk pace as finance chiefs face an increasingly potent mix of pressures, said executive search expert Josh Crist.

By Maura Webber Sadovi • Sept. 27, 2022

YETI CFO resigns following lukewarm earnings

Paul Carbone, who took the company public during his first year as CFO, is departing to pursue another venture closer to family after four years in the role.

By Elizabeth Flood • Sept. 26, 2022

CFO of bankrupt Voyager resigns after five-month stretch

The CFO of the cryptocurrency exchange is resigning after just five months on the job as the company finalizes its bankruptcy.

By Grace Noto • Sept. 26, 2022

SEC committee calls for FASB reform

FASB’s slow rule-making process can have negative consequences for investors and financial executives, the SEC’s report asserts.

By Maura Webber Sadovi • Sept. 26, 2022

[PODCAST] Sox Talks

Tune into the new Sox Talks podcast to hear what SOX has accomplished—and what comes next.

By CFO Dive's studioID • Sept. 26, 2022

Dentsply taps new CFO after shaking up Moderna

Dentsply’s disclosure in May of an internal probe into its use of incentives led to the swift departure of its former CFO Jorge Gomez from Moderna after only one day on the job.

By Maura Webber Sadovi • Sept. 23, 2022

Chobani names permanent CFO, revitalizes IPO talks

The company’s former CFO departed in June after another delay in IPO plans.

By Elizabeth Flood • Sept. 23, 2022

FASB LIBOR relief draws support, deadline nears

The proposal would extend accounting relief for another two years to borrowers switching LIBOR-linked loans to new benchmarks.

By Maura Webber Sadovi • Sept. 21, 2022

SEC presses for economic risk disclosures

The SEC’s focus on disclosures related to turbulence in the economy comes as the agency pushes companies to disclose more about executive pay. 

By Maura Webber Sadovi • Sept. 20, 2022

Emmi Group poaches CFO from Calida Group

The dairy producer appointed Sacha D. Gerber as CFO. Gerber plans to leave the top financial position at luxury underwear company Calida Group.

By Elizabeth Flood • Sept. 19, 2022

CFOs need to ‘get smart’ about ESG reporting

“ESG requirements are changing the landscape of corporate America,” said Lisa Edwards, president and chief operating officer of SaaS firm Diligent.  

By Elizabeth Flood • Sept. 15, 2022

Private companies grapple with FASB lease accounting rules

Private companies have voiced concerns about the complexity of updated lease accounting rules, a FASB staff member reported Wednesday. 

By Maura Webber Sadovi • Sept. 14, 2022

Grindr appoints new CFO as it readies for IPO

The dating app operator named a former Disney exec as its CFO as it moves forward with plans to go public later this year.

By Elizabeth Flood • Sept. 14, 2022

Intercompany ops: more than zero-sum game

For CFOs of growing companies, intercompany operations have increasing implications that extend across accounting, finance, tax, and treasury departments.

By David Brightman • Sept. 13, 2022

Peloton co-founders exit amid operational, accounting headwinds

The resignations come roughly two weeks after Peloton announced it was delaying its 10-K filing because it needed more time to complete fourth-quarter accounting and disclosures related to impairment charges.

By Elizabeth Flood • Sept. 13, 2022

Base pay comprises as little as 37% of startup exec comp

While median executive compensation rose 8.5% in 2021, many C-suite pay packages lack structural protections needed in volatile markets. 

By Maura Webber Sadovi • Sept. 12, 2022

FASB to consider tweaking lease accounting guidance

Lease accounting is one of three major standards currently undergoing post-implementation reviews, according to FASB spokesperson Christine Klimek.

By Maura Webber Sadovi • Sept. 9, 2022

Shopify taps Morgan Stanley exec as CFO

The e-commerce giant’s leadership shakeup comes two months after Shopify announced it was slashing its workforce by 10%.

By Elizabeth Flood • Sept. 9, 2022

Earnings Outlook: Homebuilder CFOs battle inflated material, labor costs

Homebuilders report steady, but uneasy quarterly results as inflation pushes up costs of material, labor and home prices.

By Grace Noto • Sept. 8, 2022