Leadership: Page 12
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Wall Street year-end bonuses forecast to jump as much as 35%
For the first time since 2021, banks are gearing up to give bigger end-of-year bonuses to many employees, Johnson Associates says.
By Maura Webber Sadovi • Nov. 12, 2024 -
Xactly CFO looks to non-finance talent to fill accounting gaps
Teaching employees without a traditional finance background to speak the language can help circumvent ongoing talent shortages, CFO Jason Godley said.
By Grace Noto • Nov. 12, 2024 -
Explore the Trendline➔
iStock / Getty Images Plus via Getty ImagesTrendlineDigital transformation, one smart step at a time
As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.
By CFO Dive staff -
Earned wage access: A CFO primer
The service, which lets users draw an advance on a portion of their pay before payday, raises some thorny issues for employers and their finance teams.
By Suman Bhattacharyya • Nov. 12, 2024 -
Opinion
Bolstering your cyber defenses in the age of AI
Generative AI’s ability to create persuasive deepfakes is just one example of the risks it poses when in the hands of fraudsters, writes Deloitte’s Ryan Hittner.
By Ryan Hittner • Nov. 12, 2024 -
How Trump’s administration may rework payments policies
The president-elect and his new administration will have the opportunity to revamp federal government approaches for everything from earned wage access to digital currencies to open banking.
By Lynne Marek and Patrick Cooley • Nov. 11, 2024 -
News Corp’s new CFO to receive $2.6M one-time equity bonus
Lavanya Chandrashekar, 52, most recently CFO of beverage company Diageo, will replace Susan Panuccio, who has held News Corp’s finance reins since 2017.
By Maura Webber Sadovi • Nov. 8, 2024 -
Fed cuts rate by quarter point, sees ‘balanced’ risks to inflation, jobs
The reduction in borrowing costs comes just two days after Donald Trump won a second term as president, heralding likely economic policy shifts that may fuel inflation.
By Jim Tyson • Nov. 7, 2024 -
4 employment actions to expect under a second Trump presidency
Employers are likely to see immigration raids, agency chair replacements and a slowing in regulatory activity, experts at Littler predicted.
By Emilie Shumway • Nov. 7, 2024 -
CFOs look to curb burnout in face of economic strain: Yooz
Automation can help stressed CFOs curb employee burnout and improve efficiency, but they need to approach its implementation strategically, Yooz CFO John Gronen said.
By Grace Noto • Nov. 6, 2024 -
ADM reveals more accounting errors, cancels earnings call
The global grain trader’s accounting practices and internal controls have been under scrutiny since January when it revealed an internal probe was underway.
By Maura Webber Sadovi • Nov. 5, 2024 -
Deep Dive
Election 2024: Harris, Trump present ‘diametrically opposed’ impacts on ESG
“A Harris administration would be more favorable for the interests of ESG investors whereas a Trump administration would be antagonistic,” according to Morningstar Indexes’ head of strategy.
By Lamar Johnson , Zoya Mirza • Nov. 5, 2024 -
28% of workers fear AI will diminish or replace their role: survey
It’s a stressful time for workers, who also report challenges such as increased burnout and declining mental health, Grant Thornton found.
By Alexei Alexis • Nov. 5, 2024 -
IBM’s Apptio unit ‘refines’ AI tool, eyes early 2025 rollout
“Customers are really pushing us to provide better, more actionable answers,” Apptio’s Eugene Khvostov said.
By Alexei Alexis • Nov. 5, 2024 -
Your D&O coverage is probably inadequate, a broker says
If it is, you’ll want to know that before facing a shareholder lawsuit, Jason Bishara of NSI Insurance Group says.
By Robert Freedman • Nov. 4, 2024 -
Main GenAI benefit so far is time saved, finance execs say
Generative AI is saving finance teams a lot of man hours as they ditch manual processes, but translating that into dollar-based ROI terms is tricky, panelists said.
By Chris Gaetano • Nov. 1, 2024 -
Kraken cuts staff, appoints co-CEO and CFO
The crypto exchange appointed a new co-CEO and new finance chief, alongside cutting about 400 employees, sources told the New York Times.
By Gabrielle Saulsbery • Nov. 1, 2024 -
Meta CFO: AI poised to drive ‘significant’ capex growth
The tech giant’s stock price fell after its third-quarter earnings report, as the company faces growing Wall Street angst over its ballooning AI expenditures.
By Alexei Alexis • Oct. 31, 2024 -
EY firings highlight multitasking, professional training woes
The online training scandal comes about two years after the Securities and Exchange Commission fined EY $100 million for cheating by its auditors on ethics exams.
By Maura Webber Sadovi • Oct. 31, 2024 -
23andMe turns to CFOs to fill director roles after mass board exit
Each of the three former finance chiefs will reap $1 million as the flagging business tries to right itself.
By Grace Noto • Oct. 31, 2024 -
Planet Fitness picks retail veteran for CFO
Jay Stasz will replace retiring CFO Tom Fitzgerald, who has held the role at the health club chain for more than four years.
By Maura Webber Sadovi • Oct. 30, 2024 -
Alphabet CFO looks to ‘push a little further’ on efficiencies, cost
Anat Ashkenazi is prioritizing cost reductions, even as the company expects to invest $13 billion next quarter in GenAI and other growth areas.
By Grace Noto • Oct. 30, 2024 -
When it comes to AI, CFOs must get their ‘hands dirty’: EY
CFOs that want a successful AI strategy need to be sure they’re “skating to the puck,” EY’s Deidre Ryan said.
By Grace Noto • Oct. 30, 2024 -
Shutterstock promotes former Getty Images CFO to finance chief
Getty alum Rik Powell will move to Shutterstock's top financial seat as it focuses on continuing to improve revenues for its content segment.
By Grace Noto • Oct. 29, 2024 -
Tech leaders brace for high-stakes election
It’s unclear whether a Trump or Harris presidency would bring regulatory relief to big tech, which has faced growing antitrust scrutiny in Washington.
By Alexei Alexis • Oct. 29, 2024 -
KPMG pilots AI agents
The Big Four accounting and consulting firm is interested in becoming a leader in the emerging AI agent space.
By Alexei Alexis • Oct. 29, 2024