Leadership
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Indiana health system ex-CFO to get $6.3M whistleblower settlement
As part of a $145.7 million settlement, CHN will pay $6.3 million to its ex-CFO, with attorney fees still to be determined, the company said.
By Grace Noto • Jan. 3, 2025 -
Did Costco just reset the narrative around DEI?
In contrast to a slew of companies, the warehouse retailer has forcefully rejected an anti-DEI shareholder proposal as bad for business.
By Daphne Howland • Jan. 3, 2025 -
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TrendlineCFO best practices: lessons from the trenches
Leaders share operational and strategic learnings from their years in the top finance seat.
By CFO Dive staff -
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4 CFO pricing strategy tips for 2025
With tariffs proposed by the incoming Trump administration poised to potentially spur inflation, a top consultant predicts companies will consider price hikes again this year.
By Maura Webber Sadovi • Jan. 2, 2025 -
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The radical transparency era is here: ready or not, CFOs
CFOs need to gain a baseline understanding of how their companies are perceived externally — those that don’t are “flying blind,” McKinsey’s Andy West says.
By Maura Webber Sadovi • Dec. 20, 2024 -
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Intel shareholders look to yank back ex-CEO, CFO compensation
CFO David Zinsner along with the company’s former CEO misled shareholders about the financial performance of Intel’s foundry unit, shareholders allege.
By Grace Noto • Dec. 20, 2024 -
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Tariffs could jump by $800B annually: PwC
Businesses should prepare for wide-ranging impacts stemming from a new presidential administration, including the need to revamp supply chains and cost structures.
By Suman Bhattacharyya • Updated Dec. 20, 2024 -
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M&A outlook intact despite Fed’s interest rate pivot: PwC
The Fed is “going in the right direction, albeit maybe not fast enough for some,” PwC’s Liz Crego said.
By Alexei Alexis • Dec. 19, 2024 -
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Gensler stresses PCAOB’s importance following $400M budget approval
Trust in public company financials “can easily be taken for granted,” outgoing SEC Chair Gary Gensler warned in a statement on the audit watchdog’s budget.
By Grace Noto • Dec. 19, 2024 -
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CFOs scramble for new AI talent amid fierce competition, report says
Nearly half of finance leaders surveyed said they were looking to bring new personnel with AI expertise into their teams.
By Alexei Alexis • Dec. 18, 2024 -
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Fed trims main interest rate, signals prospect of less easing in 2025
Policymakers reduced the benchmark interest rate despite signs that their nearly three-year fight to push down inflation to their 2% target has stalled.
By Jim Tyson • Updated Dec. 18, 2024 -
Courtesy of Vercel Inc
Stripe CFO joins board of $3B AI start-up Vercel
The CFO of the world’s “largest start-up” will join Vercel’s board as the company looks to use $250 million in fresh funding to build out generative AI-enabled tools.
By Grace Noto • Dec. 18, 2024 -
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Ex-Twitter CFO named San Francisco’s incoming housing chief
Ned Segal is joining the public sector roughly two years after Elon Musk acquired Twitter, now known as X, and swiftly fired the finance chief.
By Maura Webber Sadovi • Dec. 17, 2024 -
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OneStream CFO keeps eye on AI as 2025 growth driver
While generative AI is likely to be a growth driver for the SaaS company, ensuring CFOs can see the technology’s “inner workings” is key, OneStream CFO Bill Koefoed said.
By Grace Noto • Dec. 17, 2024 -
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Flagstar makes 2nd CFO change this year
Lee Smith, the bank’s president of mortgage, will take over as chief financial officer Dec. 27, as Craig Gifford pursues “personal endeavors outside of banking,” Flagstar said. Gifford joined Flagstar in April.
By Dan Ennis • Dec. 17, 2024 -
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Warehouse robot forecast lowered as retail correction persists
While growing at a slower pace, global mobile robot sales are still projected to reach $5.5 billion in 2024 and rise more than 20% annually up to 2030.
By Alexei Alexis • Dec. 17, 2024 -
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SEC cybersecurity enforcement outlook uncertain as Trump 2.0 looms
With issues such as cryptocurrency and climate change facing the next SEC chair, it’s unclear whether rolling back cybersecurity rules will be high on the priority list.
By Alexei Alexis • Dec. 17, 2024 -
Courtesy of MassMutual
MassMutual’s first female CFO looks back on her career, automation, and getting loud
Betsy Ward — the life insurer’s finance chief since 2016 — is retiring at the end of the year. She will be succeeded by Mary Jane Fortin, formerly of Thrivent Financial.
By Maura Webber Sadovi • Dec. 16, 2024 -
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Critical thinking, ‘soft skills’ key for effective tech implementation: IMA
Controllers tasked with creating a generative AI implementation plan will benefit from brushing up on their critical thinking skills, IMA’s Rebecca Baker said.
By Grace Noto • Dec. 16, 2024 -
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Costco CFO looks to ‘pull forward’ inventory buys amid tariff uncertainty
“In general, of course, tariffs raise costs so that's not something that we see as a positive,” Costco CFO Gary Millerchip said on the company’s earnings call Thursday.
By Maura Webber Sadovi • Dec. 13, 2024 -
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FTC plots new course on antitrust, Big Tech under Trump nominees
Current commissioner Andrew Ferguson will become chair under Trump and Mark Meador, a former Senate counsel, will join the commission.
By Justin Bachman • Dec. 13, 2024 -
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Mercedes-Benz taps Continental finance leader for board seat
The appointment is among a series of board leadership changes at Mercedes-Benz after it posted significant profit losses in the third quarter.
By Alexei Alexis • Dec. 12, 2024 -
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PCAOB could be defanged by incoming Trump administration
The new presidential administration might not abolish the PCAOB — but it doesn’t need to in order to render it ineffective, accounting professor Robert Pawlewicz said.
By Grace Noto • Dec. 12, 2024 -
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Morningstar picks insider for CFO
Michael Holt will take the finance reins of the Chicago-based investment research and financial services firm from Jason Dubinsky on Jan. 1.
By Maura Webber Sadovi • Dec. 11, 2024 -
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For tech-forward finance, CFOs must zero in on AI ‘literacy’: Seismic
Offering resources and training for much-needed AI skills is essential for CFOs looking to drive critical ROI with such technology investments, Seismic’s Kerry Ryan said.
By Grace Noto • Dec. 11, 2024 -
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Disney CFO champions ‘big bets’ on cruises, streaming
Disney finance chief Hugh Johnston is focusing on removing “unnecessary costs” as the company continues to funnel billions into experiences such as cruises, he said.
By Grace Noto • Dec. 10, 2024
