Leadership: Page 25
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Employers willing to pay ‘premium’ for AI-skilled workers: AWS study
Nearly three out of four employers (75%) who view the hiring of talent with AI skills as a priority reported having difficulty finding qualified candidates.
By Alexei Alexis • Nov. 28, 2023 -
Pagaya CFO exits, deputy steps up
Michael Kurlander, who brought decades of Wall Street experience to Pagaya, is leaving the technology firm after just over two years in the CFO seat.
By Maura Webber Sadovi • Nov. 27, 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 -
AI developers, led by OpenAI, raise over $50B
ChatGPT maker OpenAI currently leads the pack with $11.3 billion in funding, as the tech sector’s rising star also faces a host of challenges.
By Alexei Alexis • Nov. 27, 2023 -
Creating a ‘poachable’ talent culture: TAB Bank CFO
Making one’s own employees competitive to other organizations can help to foster a strong, loyal talent base, TAB Bank CFO Boyd Hunter says.
By Grace Noto • Nov. 27, 2023 -
OpenAI chaos shows need for multiple-vendor approach: Zoom CFO
Zoom is one of many companies betting heavily on the future of artificial intelligence following the rapid rise OpenAI’s ChatGPT service.
By Alexei Alexis • Nov. 22, 2023 -
Cover Genius looks to deepen FP&A team
A robust FP&A team is critical for businesses to be able to properly plan for the future, Cover Genius CFO David Rudow said.
By Grace Noto • Nov. 22, 2023 -
Coupa names new CFO in C-suite shakeup
The appointment is the latest in a series of leadership changes at the company following its acquisition by private equity firm Thoma Bravo.
By Alexei Alexis • Nov. 21, 2023 -
Chaos at OpenAI raises questions about enterprise reliance on ChatGPT
With OpenAI's leaders ousted and staff in revolt, the volatility could cause enterprises to shift where they procure generative AI.
By Lindsey Wilkinson • Nov. 20, 2023 -
Nikola CFO steps down after six months amid wobbly EV market
Anastasiya Pasterick will leave the EV maker after a half-year stint in the top financial seat to take a CFO role at aerospace firm Universal Hydrogen.
By Grace Noto • Nov. 20, 2023 -
Testing AI in the finance function: McKinsey
In coming years, generative AI will be “table stakes” for all forward-looking finance teams, according to a McKinsey AI guide for CFOs.
By Alexei Alexis • Nov. 20, 2023 -
Opinion
Leveraging AI to step up your CFO game in 2024
While the world is dreaming of big problems AI might solve, business leaders should look to use the technology to address specific company pain points, writes Vic.ai’s Anand Desai.
By Anand Desai • Nov. 20, 2023 -
Star Tribune taps Target exec for CFO
Stephanie Ness is joining the Star Tribune Media Company as it battles declining print revenue and slowing digital subscription growth.
By Maura Webber Sadovi • Nov. 17, 2023 -
Wise CFO credits customer growth for 280% profit jump
The fintech’s nearly quadruple jump in profits comes as its CFO is preparing to depart after an eight-year tenure.
By Grace Noto • Nov. 17, 2023 -
Checkers and Rally’s names CFO, CMO
Michael Blair, previously at Miller’s Ale House, joins the chain as CFO, while Scott Johnson, previously at Jollibee, takes the CMO role.
By Aneurin Canham-Clyne • Nov. 17, 2023 -
Johnson & Johnson CFO: Pandemic lesson drove $40B deal’s fast pace
COVID-19 taught J&J’s finance chief the value of “speed and agility” in business, Joseph Wolk said at the MIT Sloan CFO Summit.
By Maura Webber Sadovi • Nov. 16, 2023 -
Palo Alto revenue surges amid ‘unprecedented’ cyberthreats
Escalating cyberthreats and related regulatory pressures are keeping customer demand high, the company’s CEO said.
By Alexei Alexis • Nov. 16, 2023 -
Deep Dive
Next-gen CFOs: Forging a new path
The finance chief has long been more than a routine number-cruncher. For Gen Z, the route to the CFO chair will likely better reflect the role’s complexity.
By Grace Noto • Nov. 16, 2023 -
‘Cash is king’ carries new weight in high-rate, SVB era
The higher cost of capital has executives doubling down on cash by incentivizing customers to pay sooner and holding inventory reins tighter, according to panelists at the MIT Sloan CFO Summit.
By Maura Webber Sadovi • Nov. 15, 2023 -
Lowe’s veteran tapped for Advance Auto CFO seat
The appointment comes as the auto parts supplier is focused on a comprehensive review of the business after posting weak financial results this year.
By Alexei Alexis • Nov. 15, 2023 -
Orsted CFO, COO step down following large losses
The two executives are departing as the offshore wind industry flounders among rising interest rates, narrowing margins and challenged supply chains.
By Grace Noto • Nov. 14, 2023 -
Express Inc. CFO is out
Jason Judd arrived from Big Lots just last year, before the recent appointment of Stewart Glendinning as CEO.
By Daphne Howland • Nov. 14, 2023 -
Finance teams lag behind HR, legal in AI adoption: Gartner
“CFOs want to be sure they can trust the technology, and part of that trust is understanding how it works and where it fits” within the finance function, Gartner’s Marco Steecker said.
By Alexei Alexis • Nov. 14, 2023 -
Escalating SaaS prices outpace CPI inflation
Software-as-a-service spending now accounts for 14.1% of a typical company’s expense line, up from 12.7% last year, according to research from Vertice.
By Alexei Alexis • Nov. 14, 2023 -
Revolut appoints interim CFO as it races to meet filing deadline
Revolut’s interim CFO and new U.K. CEO face an upward battle to win the fintech’s long-sought after U.K. banking license.
By Grace Noto • Nov. 10, 2023 -
Opinion
Why CFOs must remove barriers to growth in a ‘deadweight’ economy
What sets apart leading efficient-growth companies is the way they remove barriers or “growth anchors” that impede action, Gartner’s Dennis Gannon writes.
By Dennis Gannon • Nov. 10, 2023