Long-time PepsiCo CFO moves to top finance seat at Disney

The entertainment firm may be looking to lean on Hugh Johnston’s financial chops as it fends off challenges from activist investors and looks to bolster drooping streaming results.

By Grace Noto • Nov. 6, 2023

Truist pushes ambitious reorganization in $750M cost-cutting plan

CFO Mike Maguire says the bank is making good progress, as it grapples with a string of high-profile executive departures.

By Suman Bhattacharyya • Nov. 6, 2023

Explore the Trendline➔

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

Slack CEO to depart after first year at the helm

Lidiane Jones will step down from the top role at the collaboration software company to lead online dating app Bumble on Jan. 2. 

By Roberto Torres • Nov. 6, 2023

Former FTX CEO found guilty of fraud

Nearly a year after the collapse of his $40 billion cryptocurrency exchange, former FTX CEO Sam Bankman-Fried was found guilty Thursday on seven federal counts.

By Gabrielle Saulsbery • Nov. 2, 2023

Verizon’s interim CFO lands permanent seat

The finance chief says the telecom giant is “on track” when it comes to priorities such as improving free cash flow and growing its wireless service revenue.

By Alexei Alexis • Nov. 2, 2023

PayPal CEO pledges ‘leaner’ business, names new CFO

Alex Chriss, who took the top post in September, tapped a new finance chief Wednesday and pledged to better focus the digital payment company's strategy.

By Lynne Marek • Nov. 2, 2023

SolarWinds CFO avoids charges in SEC action

A cybersecurity suit filed by the SEC names the company’s chief information security officer as a defendant but not its CFO, although the agency previously put both executives on notice.

By Alexei Alexis • Nov. 1, 2023

Trump Jr.’s testimony shines spotlight on ex-CFO’s authority

The role of former Trump Organization CFO Allen Weisselberg was once again scrutinized as Donald Trump Jr. became the first of the former president’s children to take the witness stand.

By Grace Noto • Nov. 1, 2023

Fed holds main rate steady, flags option of future hike

The central bank kept the federal funds rate unchanged despite higher-than-forecast strength in hiring and economic growth.

By Jim Tyson • Nov. 1, 2023

Former AIG CFO dies following medical leave

In a tribute to the late Shane Fitzsimons, the global insurer’s CEO Peter Zaffino praised the former CFO’s “legacy of extraordinary leadership." 

By Grace Noto • Oct. 31, 2023

Amazon CFO credits AI with boosting ad business

The technology giant is leaning into machine learning as it seeks to improve the relevancy of the ads it shows to customers.

By Alexei Alexis • Oct. 31, 2023

Biden’s AI order calls for guardrails to protect workers

The effort highlights growing concerns in Washington over the risks posed by artificial intelligence as companies rush to adopt it.

By Alexei Alexis • Oct. 31, 2023

CFO, CIO need to be in ‘lockstep’ on software purchases: Olive CEO

To find the right software at the right price, CIOs and CFOs need to take a tandem approach on new technologies and solutions.  

By Grace Noto • Oct. 30, 2023

5 ways CFOs can support workers in times of crisis

“Most importantly, ask how employees are doing and then just listen,” Catalyst's Tara Van Bommel says.

By Maura Webber Sadovi • Oct. 27, 2023

Buzzfeed taps treasurer for next CFO

The financial leadership shift comes as a move to AI-generated content failed to bolster the digital media company’s revenue.  

By Grace Noto • Oct. 27, 2023

Straddling the CFO, COO divide: Brex

As C-suite responsibilities change, the gap between roles such as the CFO and chief operating officer is narrowing.  

By Grace Noto • Oct. 26, 2023

Unilever taps new CFO in leadership shakeup

The appointment, which was accompanied by other senior management changes, comes months after the consumer products giant installed a new CEO.

By Alexei Alexis • Oct. 26, 2023

Solo Brands CFO to exit

Somer Webb will step down on Dec. 10 and be replaced in the interim by Andrea Tarbox as the company begins a search for a successor.

By Caroline Jansen • Oct. 26, 2023

Former Dow exec returns for CFO post

The change comes as the chemical giant’s retiring CFO expects “challenging macroeconomic dynamics” to continue through the fourth quarter.

By Alexei Alexis • Oct. 25, 2023

Trump tasked his ex-CFO, ex-attorney with ‘reverse engineering’ asset values, Cohen testifies

Ex-attorney and former “fixer” Michael Cohen testified as a key witness for the state in its $250 million civil fraud case against his former boss Donald Trump.

By Maura Webber Sadovi • Oct. 24, 2023

Modern CFOs as ‘chief value officers’: EY

Generative AI could aid CFOs seeking to meet the wider demands and job creep that has expanded their strategic responsibilities, EY’s Daren Campbell says. 

By Grace Noto • Oct. 23, 2023

With venture arm, Huntington Bank CFO keeps eye on innovation, liquidity

In the face of economic uncertainty, access to the innovation economy is essential to help bolster growth, Huntington Bank’s CFO says.  

By Grace Noto • Oct. 20, 2023

Ex-Trump CFO targeted in fraud trial for emails, testimony

The New York Attorney General’s Office wrote that it has “identified likely omissions” of data provided by the Trump Organization in response to subpoenas. 

By Maura Webber Sadovi • Oct. 20, 2023

Price cuts eat into Tesla margins, fail to boost demand

Tesla faces contracting margins and slumping market share, with multiple price cuts for its EVs failing to persuade consumers to shell out for new cars.

By Grace Noto • Oct. 19, 2023

NY AG zeros in on Trump golf course valuation

A longtime commercial real estate expert with Cushman & Wakefield testified Thursday to feeling pressure to assign higher appraisal values.

By Maura Webber Sadovi • Oct. 19, 2023