Marriott CFO says wage pressures have moderated

As pandemic restrictions loosened and travel resumed, many lodging companies have struggled to staff hotels, with some cutting back housekeeping.

By Maura Webber Sadovi • Feb. 14, 2023

Credit Suisse reportedly pulls C-suite, banker bonuses

The Swiss bank is aiming to incentivize executives with long-term awards as it attempts to return to profitability. It reported its second consecutive annual net loss.  

By Grace Noto • Feb. 10, 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

Middle market CFOs face revenue, spending dichotomy: study

Although a majority of middle market CFOs expect increased revenue in 2023, only 18% plan to increase spending to support that growth, according to a recent study.

By Elizabeth Flood • Feb. 10, 2023

Opening the books on pay-versus-performance: Are you ready?

The new disclosures are meant to help investors compare executive compensation with company performance. It’s turning out to be a heavy lift for some companies.

By Ramona Dzinkowski • Feb. 10, 2023

Disney cuts 7,000 workers with laser focus on streaming business

The Mouse House is slashing 3.6% of its workforce after CEO Bob Iger’s recent return to his role.

By Elizabeth Flood • Feb. 9, 2023

Chipotle CFO hopes for ‘reasonably tame’ inflation

The burrito chain is bracing for the possibility of inflation-induced pressure on ingredients such as beef.

By Alexei Alexis • Feb. 8, 2023

Watch for accidental fraud, forensic accounting expert says

Kelly Richmond Pope believes CFOs need to understand what motivates three types of fraud perpetrators: the intentional, the accidental and the righteous.

By Maura Webber Sadovi • Feb. 8, 2023

Pinterest CFO to depart following weak quarter

Todd Morgenfeld’s departure follows mediocre quarterly results from the social media service, which is facing a slowdown in ad spending.

By Grace Noto • Feb. 7, 2023

Mid-size businesses plan for ‘aggressive hiring’: report

"We call it the mighty middle market," Doug Farren of the NCMM said. With confidence rebounding, these companies aim to grow their workforce in 2023.

By Elizabeth Flood • Feb. 7, 2023

Fiserv CFO discloses acquisitions

Fiserv spent $1 billion on acquisitions in 2022,  in part helping to growing its international business, said Fiserv CFO Bob Hau. The spending follows workforce cuts and shuttered business units by the company.

By Caitlin Mullen • Feb. 7, 2023

House Republicans target SEC climate risk rule

Having taken control of the U.S. House, Republicans are redoubling efforts to thwart the Biden administration’s sustainability initiatives.

By Jim Tyson • Feb. 6, 2023

Tyson Foods ‘hit in the mouth’ with disappointing earnings

The meat processor is facing unusual pressures across its chicken, pork and beef segments, executives said on Tyson Foods' earnings call Monday.

By Elizabeth Flood • Feb. 6, 2023

Amazon CFO points to slowing customer spend as cloud growth shrinks

Optimization efforts by more economical enterprise customers will continue to be a headwind for its AWS sector, Amazon’s CFO said.

By Grace Noto • Feb. 3, 2023

Audit committee job creep taking its toll

With internal audit committees biting off more than they can often chew, committee members across businesses are feeling the burnout. 

By Elizabeth Flood • Feb. 3, 2023

Activision Blizzard to pay SEC $35M for alleged disclosure flaws

The video gaming company has been the target of regulatory scrutiny since allegations of sex discrimination surfaced in 2018.

By Jim Tyson • Feb. 3, 2023

Interim Illumina CFO takes permanent seat

Joydeep Goswami’s appointment marks the executive’s first role in finance, and happens as the company faces headwinds from an acquisition last year.

By Elizabeth Flood • Feb. 1, 2023

FASB poised for another crypto vote

The FASB is on track to issue proposed new standards for cryptocurrency by April. The implosion of crypto exchange FTX is likely to sharpen scrutiny of the project. 

By Maura Webber Sadovi • Jan. 27, 2023

Southwest ups tech spend to $1.3 billion

The airline will be increasing its technology spending following a quarterly loss triggered by its holiday traveling system failure, which resulted in the cancelation of over 16,700 flights in a ten-day period.

By Grace Noto • Jan. 27, 2023

CFO FP&A Close-up: finance function’s ‘octopus’

Between intergenerational differences and specific skillsets, CFOs need to get a handle on how FP&A execs operate.

By Elizabeth Flood • Jan. 27, 2023

Auditors dialed back mandated disclosures: study

The study found that auditors pulled back on their disclosures of potentially negative financial matters as companies adjusted to new reporting requirements.  

By Maura Webber Sadovi • Jan. 26, 2023

IBM, SAP latest to slash workforce

IBM joins Microsoft, Google, Salesforce and now SAP SE in paring down its workforce as the technology and software industries face a highly inflationary environment.

By Grace Noto • Jan. 26, 2023

How to balance growth and cash flow amid uncertain demand

Meritech Capital partner joins Airbase CFO to discuss metrics as a framework for when to say ‘no’.

By Elizabeth Flood • Jan. 26, 2023

Motorcycle retailer RumbleOn taps new CFO

The Irving, Tex.-based company is swapping in a new CFO just under a year after the outgoing finance chief took the finance reins.

By Alexei Alexis • Jan. 23, 2023

Huntington preps for mild recession following earnings beat

The regional bank will aim for low-level expense growth and conduct some measure of organizational restructuring as it looks to position itself to weather a mild recession, CFO Zach Wesserman said. 

By Grace Noto • Jan. 20, 2023

SMEs fall behind on addressing climate change

A readiness gap is emerging between small and large companies in terms of their responses to climate change risks.

By Elizabeth Flood • Jan. 20, 2023