People of color, women still hold under 15% of C-suite roles: study

While White men still occupy a majority of CEO, CFO and COO seats, businesses are facing a backlash against diversity.

By Maura Webber Sadovi • Aug. 23, 2023

Nike finance exec to replace Lysol parent’s retiring CFO

The CFO change comes as consumer products giant Reckitt Benckiser Group is also transitioning to a new CEO.

By Alexei Alexis • Aug. 23, 2023

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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

UPS-Teamsters contract ratified following employee vote

The approval puts an end to a contentious, monthslong negotiations process as the parcel carrier now seeks to recoup diverted volume.

By Max Garland • Aug. 22, 2023

CFO recession fears ease: PwC

C-suite economic optimism is growing, but executives remain split on the possibility of a recession.  

By Grace Noto • Aug. 22, 2023

FIS taps Walgreens alum for CFO

The Florida-based company is changing CFOs again — just a year after it was one of a flurry of payments players to swap out finance chiefs.

By Maura Webber Sadovi • Aug. 22, 2023

Versapay CFO leans on data amid ‘perfect storm’

Veteran finance leader Russell Lester sees those in his profession grappling with significant challenges, including macroeconomic pressures and the rising need to function as data experts.

By Alexei Alexis • Aug. 22, 2023

Green Bay Packers pick CFO from soccer world

Maureen Smith is joining a storied football organization that has won four Super Bowls and successfully tapped its loyal fan base for financing.

By Maura Webber Sadovi • Aug. 21, 2023

Prophix CFO: Taking your place as a strategic leader

The days of CFOs “being passive” in an organization are over, Prophix CFO Ryan Van Hatten says.

By Grace Noto • Aug. 21, 2023

Lee, Wrangler parent taps new CFO

The Greensboro, North Carolina-based jean maker Kontoor has recently reduced its global workforce.

By Maura Webber Sadovi • Aug. 21, 2023

FASB to revisit accounting priorities

Some critics say the FASB’s guidance does not always yield the kind of financial transparency investors need to analyze fast-changing modern companies.

By Maura Webber Sadovi • Aug. 18, 2023

Finance leaders fight to lure tech-savvy staff: Selby Jennings exec

Flexible tech-first opportunities are the key to luring Gen Z talent to one’s finance department, Selby Jennings’ Ben Hodzic says.

By Grace Noto • Aug. 18, 2023

Bank, ex-CFO settle with SEC over ‘material misstatements’

The former CFO of Malvern Bancorp failed to maintain accurate books and records and implement effective internal controls over financial reporting, the SEC found.

By Alexei Alexis • Aug. 17, 2023

Walmart’s AI push prioritizes customer experience, personalization

"Ultimately, the power of generative AI or any technology is only as good as the data that powers it," CEO Doug McMillon said Thursday.

By Roberto Torres • Aug. 17, 2023

CSX CFO downplays UAW strike threat

Auto manufacturers are key customers for freight rail operator CSX, but CFO Sean Pelkey is betting that any strike would be “short lived.”

By Chris Gaetano • Aug. 17, 2023

Anderson Kill ex-CFO seeks damages, alleges wrongful termination after fall

Ex-CFO Paul Schwartz is seeking damages including back pay and lost wages after alleging he was forced out of his role following a 2022 injury.

By Grace Noto • Aug. 17, 2023

Three key steps to the fractional CFO seat

Figuring out your niche — and what you can charge for it — is an essential first step for intrepid fractional CFOs, experts say.

By Grace Noto • Aug. 16, 2023

SEC settles with Crowe U.K. over botched audit claims

The firm violated Public Company Accounting Oversight Board standards in connection with an audit of music streaming business Akazoo, the SEC found.

By Alexei Alexis • Aug. 16, 2023

Bankruptcy ‘burn rates’ drive some firms to file Chapter 7s: ABI’s Ward

Professional fees racked up in Chapter 11 bankruptcies can range from a few hundred thousand dollars to the tens of millions, Chris Ward, president-elect of the American Bankruptcy Institute, said. 

By Maura Webber Sadovi • Aug. 15, 2023

‘Be the glue,’ Cologix CFO tells finance chiefs facing turbulent times

Cologix’s Rachel Stack highlights the importance of a strong leadership team, and how finance chiefs can work to hold that team together.

By Grace Noto • Aug. 15, 2023

SEC cyber rules ignite tension between reputation and security risk

The rules, which take effect Sept. 5, encountered mixed reactions. Some champion board-level cyber accountability. Others say the rules are too big of a lift.

By David Jones • Aug. 15, 2023

Who will pay to decarbonize the supply chain?

Some brands are helping their suppliers reduce greenhouse gas emissions. Others are dumping new requirements on vendors without shouldering any of the costs.

By Ben Unglesbee • Aug. 15, 2023

US Chamber urges SEC to delay cyber rule implementation

The SEC has “chosen speed over accuracy” while ignoring important business community concerns in pushing out the new regulations, the U.S. Chamber of Commerce asserts.

By Alexei Alexis • Aug. 15, 2023

Mixing whiskey and blockchain: A CFO’s perspective

Blockchain is helping Metacask to modernize the sale and ownership of whiskey casks, highlighting the technology’s business potential, writes CFO Andrew Kennard.

By Andrew Kennard • Aug. 14, 2023

Daimler Truck CFO died of wasp sting: reports

The company’s chairman and CEO will temporarily assume CFO duties while Daimler searches for a successor to former finance chief Jochen Goetz.

By Grace Noto • Aug. 14, 2023

Is Tesla’s ‘Master of Coin’ the CFO white whale?

Zachary Kirkhorn’s sudden exit from the EV maker has sparked questions around what a second act might look like for a 38-year-old ex-CFO with a net worth of $590 million.

By Maura Webber Sadovi • Aug. 14, 2023