Leadership: Page 23
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Fintech Navan appoints NYSE alum for CFO ahead of planned IPO
The ex-NYSE CFO will take Navan’s top financial seat as the company sets the stage for a future public offering.
By Grace Noto • June 3, 2024 -
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Costco’s CFO calls $1.50 hot dog ‘safe’ in debut earnings call
The retailer’s new finance chief Gary Millerchip is staying the course on the company’s popular $1.50 hot dog and soda combo pricing.
By Maura Webber Sadovi • May 31, 2024 -
Explore the Trendline➔
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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 -
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FanDuel parent Flutter swaps CFOs amid pivot to NYSE listing
The CFO swap comes as Flutter hones in on the U.S. for future growth and expansion.
By Grace Noto • May 31, 2024 -
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Bluebird names new CFO after accounting errors
The biotech company is revising financial statements for 2022 and the first three quarters of 2023 following the discovery of accounting missteps.
By Alexei Alexis • May 30, 2024 -
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Quility CFO looks to balance liquidity, growth in high-rate environment
Interest rates remain something CFO Jennifer Yaross is keeping an eye on when it comes to “other levers we want to pull,” she said.
By Grace Noto • May 30, 2024 -
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Competitive bidding used to reduce outside counsel fees in pharma case study
By giving law firms a chance to adjust their proposals, legal teams can engage litigation or transaction work at a lower cost than initially proposed, a white paper says.
By Robert Freedman • May 30, 2024 -
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Alphabet’s Google Fiber appoints its first CFO
John Abbot, a Goldman Sachs and Morgan Stanley alum, has taken Google Fiber’s finance reins.
By Maura Webber Sadovi • May 29, 2024 -
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65% of CFOs are building GenAI into their strategy: Billtrust
The study also found a significant knowledge gap, with only 49% of CFOs saying they felt “very knowledgeable” about GenAI's capabilities.
By Alexei Alexis • May 29, 2024 -
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Jacobs-led QXO taps Barclays alum as first finance chief
M&A “heavy hitter” Ihsan Essaid will take the top financial seat as QXO looks to become a market leader in the building product distribution space.
By Grace Noto • May 28, 2024 -
Courtesy of Gain Therapeutics
Gain biotech CFO aims past burn to budget for growth
The Bethesda, Maryland-based biotech, which is facing liquidity pressures, appointed Gene Mack as its new finance chief in April.
By Maura Webber Sadovi • May 28, 2024 -
"U.S. Securities and Exchange Commission headquarters in Washington, D.C., near Union Station" by AgnosticPreachersKid is licensed under CC BY 3.0
SEC clarifies intent of cybersecurity breach disclosure rules after initial filings
The rules require notification of “material” breaches, but some early filers have reported incidents that appear to fall short of the regulatory threshold.
By Alexei Alexis • May 28, 2024 -
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Nvidia shows off strength of AI with 262% sales jump
“The next industrial revolution has begun,” Nvidia CEO Jensen Huang said during an earnings call last week.
By Alexei Alexis • May 28, 2024 -
Courtesy of FASB
KPMG alum rises to FASB leadership post as first female vice chair
Hillary Salo was already poised to extend women’s historic majority on the seven-member FASB when she joins in July. Now she will be its first female vice chair.
By Maura Webber Sadovi • May 24, 2024 -
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Raymond James taps CAO as CFO successor
The wealth management company’s top accounting officer will assume the CFO role as finance chief Paul Shoukry preps to take over as CEO.
By Grace Noto • May 24, 2024 -
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Spotify vet tapped for VF Corp.’s CFO chair
The appointment is part of a broader leadership shake-up at the struggling footwear company as it tries to restore profitable growth.
By Alexei Alexis • May 23, 2024 -
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Ralph Lauren revenue up slightly, CFO exits
The company said Q4 and fiscal 2024 were ahead year-over-year, but predicted upcoming declines and announced the departure of Jane Nielsen after eight years.
By Lara Ewen • May 23, 2024 -
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Red Lobster’s ‘erratic’ payments to vendors among bankruptcy warning signs: Creditsafe
The company’s average “days beyond terms” jumped from 15 in December to 30 in January, reaching 57 as of March.
By Alexei Alexis • May 22, 2024 -
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AI startup Anthropic brings in Airbnb alum as first CFO
Anthropic is getting its first-ever finance chief as the company attempts to crack AI’s “black box” in the face of growing ethical and security worries.
By Grace Noto • May 22, 2024 -
Courtesy of BCG
Q&AHow companies should approach compliance under multiple climate reporting regulations: BCG
BCG's Tim Mohin said the CFO "owns" the regulatory reporting process as their office is most responsible for financial statements that will include climate information in the future.
By Suman Bhattacharyya • May 22, 2024 -
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Getting employees ahead of the AI learning curve: Tipalti CFO
Leaders need to ensure they’re offering opportunities for employees to experiment with AI before the technology is ready for “prime time,” CFO Sarah Spoja said.
By Grace Noto • May 21, 2024 -
Lynne Marek/CFO Dive
Deep DiveReal-time lessons for FedNow from Brazil, India
The fledgling U.S. instant payments system can learn from real-time systems that have flourished in Brazil and India using QR codes and broad missions, say industry professionals.
By Christiana Sciaudone • May 21, 2024 -
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Shadow IT surge threatens corporate data: report
OpenAI’s ChatGPT tool remains the most frequently used AI application in the workplace, according to the research.
By Alexei Alexis • May 21, 2024 -
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Ballooning AI budgets expected to face ROI pressure
As corporate AI expenditures grow, they will likely come under increased scrutiny in earnings calls, Gartner’s Frances Karamouzis said.
By Alexei Alexis • May 21, 2024 -
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Cerence CFO departs after two month tenure
Tempesta’s resignation marks the latest in a series of relatively short-tenured finance chiefs for Cerence as it faces a securities class action lawsuit and slumping revenues.
By Grace Noto • May 20, 2024 -
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Want to fix the accounting talent shortage? Raise starting salaries, students say.
Mean starting salaries for accounting and related services majors in stood at $60,698 in 2022, according to the National Association of Colleges and Employers.
By Maura Webber Sadovi • May 20, 2024
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