Envestnet taps Blackrock, Treasury alum for CFO

Joshua Warren will take on the CFO seat as the company deals with continued headwinds in the wealth management sector.

By Grace Noto • Sept. 26, 2023

Shoe Carnival CFO exits after 5 months

Patrick Edwards was named the company's new chief financial officer — the third person to serve in the role this year.

By Nate Delesline III • Sept. 26, 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

Half of digital transformation investments fail: KPMG

Success requires collaboration among key stakeholders, including the CFO, who can help ensure a “clear line of sight” toward achieving a return on investment, says KPMG’s Atif Zaim.

By Alexei Alexis • Sept. 26, 2023

Runaway cloud spending frustrates finance execs: Vertice

Finance leaders are almost three times as likely to be concerned about cloud costs than their tech peers, and more than twice as likely to be worried about cloud visibility, a Vertice study found.

By Alexei Alexis • Sept. 26, 2023

United promotes insider, JPMorgan alum to CFO

In 2020 Michael Leskinen led a team that raised $6.8 billion in financing — providing the airline financial flexibility during the COVID-19 pandemic. 

By Maura Webber Sadovi • Sept. 25, 2023

Small businesses fear revenue hit from looming shutdown: Goldman

Many executives at smaller companies are worried their firms will be hurt financially if lawmakers don’t reach a spending deal before Oct. 1.

By Maura Webber Sadovi • Sept. 25, 2023

Big Ten schools produce more CFOs, fewer CEOs than Ivies

The University of Virginia, Pennsylvania State University and University of Texas at Austin top the list of public schools that have produced sitting CFOs.

By Maura Webber Sadovi • Sept. 22, 2023

Ex-CFO sentenced for tax evasion, hiding offshore accounts

The former CFO of a Russian natural gas company was also ordered to pay a $350,000 fine and more than $4 million in restitution to the U.S.

By Alexei Alexis • Sept. 22, 2023

Average insider cyberthreat cost spikes 40% in 4 years

The outsmarting of insiders is a “go-to tactic” for many cyberattackers looking to steal credentials and gain access to critical data, according to research from the Ponemon Institute.

By Alexei Alexis • Sept. 21, 2023

UAW strike: How auto supply chain managers can mitigate disruption

Industry experts said to focus on supplier health, visibility and relationships to navigate any risks spurred by the union’s work stoppage.

By Kelly Stroh • Sept. 20, 2023

Disney Entertainment CFO heads to Warner Music

Bryan Castellani’s exit from Disney follows significant turmoil at the company, including a massive layoff and senior leadership changes.

By Alexei Alexis • Sept. 20, 2023

Forget FOBO: use AI or lose your FP&A job

Financial, planning and analytics professionals need to adapt to AI — or risk being replaced by someone else who does embrace it, FP&HEY Co-founder Drew Murphy writes. 

By Drew Murphy • Sept. 19, 2023

Flawed data ranked as top AI risk: Workday

While AI error risks can be reduced, many firms are unprepared as they “wrangle huge volumes of information across patchwork systems, static spreadsheets, and fragmented processes,” Workday says.

By Alexei Alexis • Sept. 19, 2023

BP promotes Thomson to interim CFO amid C-suite restacking

The London-based oil company is moving to fill a leadership vacuum stemming from the abrupt resignation of CEO Bernard Looney last week. 

By Maura Webber Sadovi • Sept. 19, 2023

22 Republican AGs accuse net-zero alliance of antitrust violations

The letter, led by Tennessee Attorney General Jonathan Skrmetti, alleges the Net Zero Financial Services Providers Alliance’s market influence could “deprive disfavored companies of economic opportunities.”

By Lamar Johnson • Sept. 19, 2023

Brex adds more AI to CFOs’ expense management arsenal

Brex is one of many software vendors that are racing to bet on AI following the swift rise of ChatGPT, created by Microsoft-backed OpenAI.

By Alexei Alexis • Sept. 19, 2023

Lockheed Martin CFO details persistent inflation

The North Bethesda, Maryland-based aerospace company’s finance chief expects to see inflationary impacts persist through next year.

By Chris Gaetano • Sept. 18, 2023

Land’s End interim takes permanent CFO seat

Bernard McCracken is the latest chief accounting officer to be promoted to a public company’s top finance role. 

By Maura Webber Sadovi • Sept. 15, 2023

Netflix CFO sees fallout from Hollywood strikes

The strikes are “not good for the business,” Netflix CFO Spencer Neumann said in a frank assessment of the situation’s financial impact.

By Alexei Alexis • Sept. 14, 2023

Cloud strategy misalignment leads some workloads back on-prem

As migrations progress, organizations are still struggling to bring IT investments in line with business goals.

By Matt Ashare • Sept. 14, 2023

ESG ratings fluctuate for asset managers: Morningstar

Three U.S.-based firms saw their grades move up, while UBS Asset Management slipped following its merger with Credit Suisse.

By Zoya Mirza • Sept. 14, 2023

For successful CFO hires, focus on executive style: Kingsley Gate

Really digging into an executive's leadership style can help companies seeking CFOs to create a lasting fit, Kingsley Gate’s Ed Montoya says.

By Grace Noto • Sept. 13, 2023

BP CFO steps into breach after CEO resigns

A CEO scandal has opened the door for CFO Murray Auchincloss to take over the company on an interim — and possibly permanent — basis.

By Alexei Alexis • Sept. 13, 2023

Orthofix ousts CEO, CFO, CLO, citing ‘offensive conduct’

The medical device company’s shares fell 30% Tuesday after it named interim successors to fill the fired executives’ roles.

By Maura Webber Sadovi • Sept. 12, 2023

Why AP automation is a smart investment for CFOs

When it comes to managing thousands of invoices, artificial intelligence and automation can run a much tighter ship than humans, asserts Medius executive Branden Jenkins.

By Branden Jenkins • Sept. 12, 2023