PwC veteran talks cracking the IT, finance silos

Finance chiefs need to be sure they are opening communication channels between other executive leaders to tell ‘the right digital transformation story.’

By Grace Noto • Feb. 1, 2024

Sanofi appoints Nestlé executive as new finance chief

François-Xavier Roger will replace current CFO Jean-Baptiste Chasseloup de Chatillon as Sanofi continues a research pivot and cost-cutting drive.

By Delilah Alvarado • Feb. 1, 2024

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Compensation: solving the cost-talent puzzle

In today’s strong labor market, CFOs leery of raising wages find creative ways to find and retain key employees.

By CFO Dive staff

SEC wins legal victory against former tech CFO in accounting fraud case

Former CFO Karen Rosenberger is accused of helping software provider Synchronoss to engage in “long-running accounting improprieties.”

By Alexei Alexis • Jan. 31, 2024

Fed holds main rate steady, wants ‘greater confidence’ inflation falling

The central bank dropped a prior reference to “additional policy firming” but gave no support to market expectations that it will soon reduce interest rates. 

By Jim Tyson • Jan. 31, 2024

Healthcare CFOs explore M&A, automation and service line cuts in 2024

Companies grappling with liquidity concerns are looking to cut costs and streamline operations, according to a new survey.

By Susanna Vogel • Jan. 31, 2024

Targeting the accounting shortage: 2024 tactics

With controversial state legislation and big changes for CPA exam takers afoot, this year could be a volatile one for accounting players.

By Maura Webber Sadovi • Jan. 30, 2024

One in four companies ban GenAI

The research by Cisco found that generative artificial intelligence tools are putting many companies’ sensitive data at increased risk of public exposure.

By Alexei Alexis • Jan. 30, 2024

Tech CFOs kick off 2024 with flurry of layoffs

The latest layoffs show that many tech CFOs remain laser-focused on ensuring long-term profitability in an uncertain economic environment, analysts said.

By Alexei Alexis • Jan. 30, 2024

TIAA sues SVB ex-CEO, ex-CFO to recoup investment losses

The conduct of Silicon Valley Bank’s former leaders has come under heavy fire since its collapse last year, which marked the largest banking failure seen since 2008.

By Grace Noto • Jan. 29, 2024

Southwest Airlines to spend $1.7B on tech, cloud migration this year

The commercial carrier has shifted just under half of its tech estate to cloud, President and CEO Bob Jordan said Thursday.

By Matt Ashare • Jan. 29, 2024

What’s behind SAP’s massive restructuring push?

“Cloud is the big elephant in the room for SAP,” Forrester VP and Principal Analyst Liz Herbert said.

By Matt Ashare • Jan. 26, 2024

Superdry CFO to depart as UK retailer warns of rough market conditions

The departure marks the fourth finance chief to leave the troubled retailer in a half-decade.  

By Grace Noto • Jan. 26, 2024

SEC kicks dead SPAC horse with new rules

The commission is taking action to rein in SPACs as the once booming market is struggling to recover from a slump.

By Alexei Alexis • Jan. 25, 2024

Upwork CFO sees signs of ‘macroeconomic softness’ in freelancer wage stagnation

While the freelancer economy remains robust, CFO Erica Gessert is keeping her eye on stagnant wage growth amid continued uncertainty.

By Grace Noto • Jan. 25, 2024

2024 proxy outlook: What’s driving the ESG proposal approval dip?

Major asset managers and a spate of anti-ESG proposals helped push approval rates down, yet even more ESG proposals are expected after a record 2023.

By Lamar Johnson • Jan. 25, 2024

83% of execs anticipate spike in their M&A volume this year: Deloitte

With economic conditions slowly improving, the stage might be set for a rebound in M&A activity.

By Alexei Alexis • Jan. 24, 2024

CFO of beleaguered smart window manufacturer View to resign

View’s finance chief is departing as the company scrambles to accrue enough capital to continue operating through 2024.

By Grace Noto • Jan. 24, 2024

$700M AGs settlement resolves only portion of J&J talc liability

Some 50,000 private claims remain as Johnson & Johnson tries to keep its controversial bankruptcy strategy alive.

By Robert Freedman • Jan. 24, 2024

6 essentials for CFOs aiming to rise to CEO: McKinsey

Corporate boards in the past decade have increasingly turned to CFOs to fill the CEO seat. McKinsey has highlighted the attributes boards seek in a chief executive.

By Jim Tyson • Jan. 23, 2024

Qualcomm expands CFO’s role to include COO responsibilities

Akash Palkhiwala’s move to the dual role is part of a rising trend where finance chiefs are absorbing operational responsibilities.  

By Grace Noto • Jan. 23, 2024

Impossible Foods taps new CFO amid changes for a ‘decisive year,’ CEO says

The plant-based pioneer appointed Colgate-Palmolive veteran Elaine Paik as its new CFO amid a sweep of executive leadership changes.

By Elizabeth Flood • Jan. 23, 2024

AI, fake CFOs drive soaring corporate payment-fraud attacks

Generative AI tools like ChatGPT are making it easier for scammers to create bogus texts and emails as well as deep-fake voices at scale.

By Alexei Alexis • Jan. 23, 2024

Cloud, SaaS spending manager Vertice raises $25M in Series B funding

The startup is looking to expand in the U.S., Europe, Australia and Singapore as it also enters new markets such as Latin America and Southeast Asia.

By Alexei Alexis • Jan. 22, 2024

ADM shares plunge as CFO takes forced leave amid accounting probe

Archer Daniels Midland named Ismael Roig interim finance chief as the board's audit committee and outside counsel conduct an investigation into accounting practices.

By Maura Webber Sadovi • Jan. 22, 2024

Arizona Cardinals fire CFO in leadership shakeup: ESPN

The move comes amid reports of a broader restructuring of the football club’s business operations, led by chief operating officer Wesley Walls.

By Alexei Alexis • Jan. 19, 2024