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

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

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

Gensler: securities laws cover ‘vast majority’ of crypto tokens

The SEC’s Gary Gensler signaled he would cooperate with the Commodity Futures Trading Commission to the extent that “it needs greater authorities with which to oversee and regulate crypto non-security tokens.”

By Maura Webber Sadovi • Sept. 8, 2022

AT&T CFO says demand still ‘solid’ post price hike

Despite “reduced visibility” into economic trends going into next year due to the current macroeconomic environment, Desroches expects improved cash conversions in 2023.

By Elizabeth Flood • Sept. 8, 2022

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 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

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 Maura Webber Sadovi • Sept. 6, 2022

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 Maura Webber Sadovi • Sept. 5, 2022

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 Maura Webber Sadovi • Sept. 2, 2022

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

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

Deere & Co swaps CFOs following narrowed outlook

Joshua Jepsen will move from deputy financial officer to CFO for Deere & Company in the latest series of executive swaps from the farm equipment manufacturer.

By Grace Noto • Sept. 1, 2022

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

FASB narrows cryptocurrency project scope, excludes NFTs

FASB has come around to recognizing the need for a better crypto accounting model as calls to safeguard investors against abuses rise.

By Maura Webber Sadovi • Aug. 31, 2022