Leadership: Page 24
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Booking snaps up S&P Global CFO
Ewout Steenbergen will leave S&P Global in March to replace Booking’s retiring finance chief.
By Alexei Alexis • Dec. 13, 2023 -
Spotify, Lucid CFO exits signal broader ‘changing of the guards’
Some year-end C-suite job churn is normal. But this year executive recruiters say they’re seeing more than usual.
By Maura Webber Sadovi • Dec. 12, 2023 -
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 -
Deep Dive
Cybersecurity pressures stretch CFOs
CFOs are bracing for new SEC cybersecurity rules set to kick in this month as the regulator is already signaling an aggressive enforcement posture.
By Alexei Alexis • Dec. 12, 2023 -
Opinion
How AI is raising the bar for CFO budget planning
AI can analyze vast amounts of financial data to predict trends, model budget scenarios, and deliver insights, writes Falconi’s Bernardo Miranda.
By Bernardo Miranda • Dec. 12, 2023 -
Veradigm CEO, CFO asked to resign amid audit committee probe
Veradigm appointed an interim CEO and CFO as it struggles to course correct in the midst of an ongoing audit and a shareholder complaint alleging it artificially inflated revenues for a two-year period.
By Grace Noto • Dec. 11, 2023 -
Sponsored by Planful
CFO survey: Reflecting on 2023 to avoid surprises in 2024
It’s a CFO’s job to avoid surprises and when they happen, to be ready with a plan to minimize their impact.
By Planful • Dec. 11, 2023 -
Instacart to focus on order efficiency to retain online grocery delivery dominance
The practice of “batching,” or handling multiple orders per shopper trip, is improving unit economics, CFO Nick Giovanni says.
By Suman Bhattacharyya • Dec. 8, 2023 -
Ex-Salesforce finance exec lands at digital accounting startup
Accounting automation startup Docyt says its expanding its executive leadership team as it positions itself for continued growth.
By Alexei Alexis • Dec. 7, 2023 -
Chewy names new CFO
The online pet supplies retailer has been looking for someone to fill the role on a permanent basis after Mario Marte stepped down from the role in July.
By Caroline Jansen • Dec. 7, 2023 -
Citi cuts multiple CFO roles as part of broad restructuring
The bank’s biggest restructuring in a decade is hitting group finance chiefs as Citi seeks to trim expenses over the next two years.
By Suman Bhattacharyya • Dec. 7, 2023 -
Microsoft poised to roll out AI tools for CFOs
The announcement marks the latest effort by Microsoft to stake out a dominant position in the rapidly evolving AI-enabled business applications market.
By Alexei Alexis • Dec. 6, 2023 -
Airbnb CFO moves to new chief business officer role
The short-term home rental company’s CFO will transition to a new role as Airbnb reaches an “inflection point” with plans to expand beyond its core business.
By Grace Noto • Dec. 6, 2023 -
Goldman CFO sees ‘cleaner’ macro picture with ‘pockets of nervousness’
In spite of geopolitical uncertainty, Goldman finance chief Denis Coleman said he expects a “more clear” deal-making runway in 2024.
By Maura Webber Sadovi • Dec. 5, 2023 -
Trivago appoints interim CFO; permanent finance head to start in April
The company’s head of finance will step in to fill its CFO gap as it continues to battle rising average room rates, with a permanent CFO set to take the seat in April.
By Grace Noto • Dec. 5, 2023 -
CPA firm exec is ‘blown away’ by OpenAI craze across client base
More than half of Kruze Consulting’s client base has adopted OpenAI’s technology, with much of that penetration occurring during the past year.
By Alexei Alexis • Dec. 5, 2023 -
Tesla CFO sells shares as Musk draws new scrutiny
A spotlight is on the EV maker as investors weigh recent controversial comments from CEO Elon Musk and a lukewarm launch of its Cybertruck product.
By Grace Noto • Dec. 4, 2023 -
Ulta Beauty rides strong consumer spending, taps new financial leadership
CFO Scott Settersten will retire after 11 years at the financial helm, with Ulta Beauty’s SVP of finance poised to take the seat as consumers continue to spend on smaller luxuries.
By Grace Noto • Dec. 1, 2023 -
FIS CFO eyes small acquisitions
Fidelity National Information Services is on the hunt for smaller acquisitions in one of its divisions, and it’s benefitting from other companies’ deals in another.
By Lynne Marek • Dec. 1, 2023 -
CFO, HR collaboration key to cutting health care costs
To find a health care sweet spot, CFOs and HR leaders must “give a little each,” Imagine360’s Jeff Bak said.
By Grace Noto • Nov. 30, 2023 -
Claire’s taps Bath & Body Works vet for CFO-COO role
The appointment comes as the retailer is weighing the best time to go public, after withdrawing an IPO earlier this year.
By Alexei Alexis • Nov. 30, 2023 -
MGM CFO expects insurance to cover cyberattack costs
The Las Vegas-based casino and resort operator has pegged the costs of the September cyberattack that temporarily crippled operations at about $100 million.
By Suman Bhattacharyya • Nov. 29, 2023 -
AMC Networks expects ‘no material impact’ from Hollywood strikes
Despite now-resolved labor strikes that brought Hollywood to a standstill, AMC Networks is “set up well going into 2024,” CFO Patrick O’Connell said.
By Alexei Alexis • Nov. 29, 2023 -
For GenAI-backed accounting, CFOs can’t ‘learn as you go’
CFOs need to develop a business-wide plan for GenAI’s use, create clear data practices and ensure accountability to incorporate the technology into accounting effectively.
By Grace Noto • Nov. 29, 2023 -
Ralph Lauren veteran takes CFO job at Vince
John Szczepanski takes on a role that has had significant turnover in recent months, as the struggling brand embarks on a turnaround.
By Daphne Howland • Nov. 29, 2023 -
Driving the GenAI journey: Teradata CFO
CFOs must take point on plotting a company’s AI course, navigating compliance and governance, and finding key talent and use cases, Teradata’s CFO Claire Bramley said.
By Grace Noto • Nov. 28, 2023