Leadership: Page 13
-
Lanier via Getty Images
$816M ExxonMobil verdict is latest as juries seek environmental justice
No easing is in sight as companies face backlash for the impact their products have on the environment and public safety, a ruling shows.
By Jennifer Paley • Oct. 28, 2024 -
Kevork Djansezian via Getty Images
Tesla earnings rise on energy storage surge
The EV maker remains focused on offering “extremely compelling” vehicle financing as demand in the overall industry continues to wane, Tesla CFO Vaibhav Taneja said.
By Grace Noto • Oct. 25, 2024 -
Explore the Trendline➔
iStock / Getty Images Plus via Getty Images
TrendlineDigital 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 -
Scott Olson via Getty Images
Southwest details board travel perks as ex-Chevron CFO joins new director slate
The airline's board compensation package includes free travel on Southwest for each non-employee director, their spouse and children and 50 “unrestricted” one-way flight passes annually.
By Maura Webber Sadovi • Oct. 25, 2024 -
Justin Sullivan via Getty Images
Honeywell sales fall short amid warehouse automation weakness
“We navigated through a challenging operational environment in the third quarter,” CFO Greg Lewis said.
By Alexei Alexis • Oct. 24, 2024 -
Nespix via Getty Images
CFOs eye ROI ‘push pull’ for AI, growth balance: Heidrick & Struggles
To truly gauge the ROI of their GenAI investments, CFOs need to consider their strategic as well as their financial impact, Heidrick & Struggles’ Sachi Vora advised.
By Grace Noto • Oct. 24, 2024 -
Courtesy of Morningstar
Morningstar CFO to step down after 7-plus years
Over the course of Jason Dubinsky’s tenure as finance chief, Morningstar’s revenue, operating profit and cash flow have more than doubled, the company said.
By Maura Webber Sadovi • Oct. 24, 2024 -
shapecharge via Getty Images
CFO competence ranked as a top factor in investor decisions
Investors are willing to increase their initial investment in an organization by an average of 2.6% when the CFO is the key strategic growth driver, OneStream found.
By Alexei Alexis • Oct. 23, 2024 -
Brandon Bell via Getty Images
Red Lobster names Checkers alum CFO after Chapter 11 restructuring
Bob Baker brings more than three decades of restaurant industry experience to his new position, having held finance chief roles at Checkers & Rally, Benihana, Pieology Pizzeria, and Café Rio Mexican Grill.
By Grace Noto • Oct. 23, 2024 -
Alex Cristi via Getty Images
CFOs key to effective AI change management: ShareFile
Isolating the technology’s “tangible value” is key to executing a successful, cost-effective AI strategy, ShareFile’s David Le Strat said.
By Grace Noto • Oct. 22, 2024 -
Justin Sullivan / Staff via Getty Images
HSBC names first woman CFO amid restructuring
The bank is simplifying its business into four spheres and has tapped its chief risk and compliance officer, Pam Kaur, to become its next finance chief.
By Gabrielle Saulsbery • Oct. 22, 2024 -
Justin Sullivan / Staff via Getty Images
Microsoft ups finance automation game with ‘AI agents’
The move comes as the AI innovation race among enterprise software providers is heating up.
By Alexei Alexis • Oct. 22, 2024 -
Anastasiia Makarevich via Getty Images
Only 15% of companies have ROI metrics for GenAI: KPMG
The finding comes as many enterprises are deploying the technology on a larger scale.
By Alexei Alexis • Oct. 22, 2024 -
dblight via Getty Images
Huntington Bank CFO sees acceleration of fintech venture opportunities
Declining interest rates are opening the gateway for a “regrowth” of funding activity, Huntington Bank CFO Zachary Wasserman said.
By Grace Noto • Oct. 21, 2024 -
Jack Taylor / Stringer via Getty Images
EY, PwC voice cautious support for 120-credit hour CPA licensure
The Big Four accounting firms are now all signalling varied degrees of support for a CPA licensure option that would require 30 fewer college credit hours.
By Maura Webber Sadovi • Oct. 18, 2024 -
Anna Moneymaker via Getty Images
Ex-Tyson CFO pleads guilty to drunk driving
The son of the company’s chairman and ex-CFO pleaded guilty to charges stemming from his second alcohol-related arrest in two years.
By Grace Noto • Oct. 18, 2024 -
Justin Sullivan via Getty Images
AICPA joins backlash against TurboTax ad campaign
The group said Intuit’s decision to halt the ad, which also drew pushback from the National Association of Tax Professionals, is a “positive step.”
By Alexei Alexis • Oct. 17, 2024 -
Stock via Getty Images
Sage Therapeutics CFO, GC, CTO to depart in wide restructuring plan
The biotech will also be reducing its total workforce by approximately 33% and tapped its COO to take on responsibilities for finance as part of the restructuring.
By Grace Noto • Oct. 17, 2024 -
Photo illustration: Industry Dive; Joe Readle/Getty Images; Brandon Bell/Getty Images
Election 2024: Where Harris, Trump stand on AI regulation
Analysts expect Kamala Harris to largely continue the current approach to AI oversight, while Donald Trump’s promise to repeal a Biden executive order signals a major shift.
By Lindsey Wilkinson • Oct. 17, 2024 -
mrolands via Getty Images
November election, event risks loom, drive volatility: Bloomberg Intelligence
Finance chiefs should look to maintain robust, flexible portfolios as election and economic risks continue to impact volatility, Bloomberg’s Tanvir Sandhu advised.
By Grace Noto • Oct. 16, 2024 -
Hector Vivas via Getty Images
Companies to shift 9% more nearshoring to Mexico
Mexico is poised to replace Canada as the second-most popular country for nearshoring, as its share of U.S.-serving supply chains is expected to rise to 36%.
By Maura Webber Sadovi • Oct. 15, 2024 -
Dan Kitwood via Getty Images
S&P Global swipes State Street CFO for finance chief
The credit ratings firm will pay State Street CFO Eric Aboaf a $2.4 million signing bonus when he takes their top financial seat in February.
By Grace Noto • Oct. 15, 2024 -
Delmaine Donson via Getty Images
How hasty digital transformations can backfire
The stakes are high as companies race to adopt cutting-edge technologies like artificial intelligence and look to avoid falling behind competitors.
By Alexei Alexis • Oct. 15, 2024 -
Laurence Dutton via Getty Images
OpinionA CFO roadmap for successful and safe AI implementation
Teams must ensure that proper data governance and management policies are in place before even considering AI adoption, writes AvePoint’s Jim Caci.
By Jim Caci • Oct. 15, 2024 -
Getty Images via Getty Images
Deloitte joins backers of 120-credit hours CPA licensure option
KPMG and now Deloitte have endorsed a proposed change in CPA licensure requirements allowing candidates to replace a fifth year of schooling with work experience.
By Maura Webber Sadovi • Oct. 14, 2024 -
JHVEPhoto via Getty Images
AT&T, Broadcom move toward settling legal feud
The two parties told the New York Supreme Court Friday they were making progress in resolution discussions over VMware support services.
By Matt Ashare • Oct. 14, 2024
Previous
