IBM to acquire Apptio in $4.6B deal

The purchase highlights a persistent customer interest in optimizing cloud costs, and opens upselling opportunities for IBM's hybrid cloud playbook.

By Roberto Torres • June 26, 2023

SEC puts SolarWinds CFO on notice in cyberattack probe

The news underscores the growing legal exposure that CFOs have as they are increasingly expected to take on broader remits of responsibilities — including technology.

By Maura Webber Sadovi • June 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

Inflation, talent shortages undercut finance team efficiency: report

Under pressure from inflation and a dearth of skilled talent, finance teams’ efficiency is suffering, a survey finds.  

By Grace Noto • June 26, 2023

Papa John’s taps Nike exec for CFO

Ravi Thanawala takes on his new role next month as the company seeks to open more locations.

By Elizabeth Flood • June 26, 2023

Cloud tensions flare as Google accuses Microsoft of vendor lock-in

The three largest hyperscalers finally answered a Federal Trade Commission call for public comment, heightening industry scrutiny of Microsoft’s competitive practices.

By Matt Ashare • June 26, 2023

COVID tax claims add to IRS backlog

While IRS return-processing backlogs persist, a report found evidence that the outlook is brightening when it comes to the responsiveness that CFOs and tax preparers can expect.

By Maura Webber Sadovi • June 23, 2023

Motion Picture Association taps new finance chief

Hunter Paletsas will take the organization’s financial reins as the media and entertainment industry deals with major challenges including inflation, the ongoing writers strike and the impact of generative AI.

By Grace Noto • June 23, 2023

B2B must embrace digital payments

“B2B organizations have been slow to adapt to the changing demands and expectations of Gen Z,” writes a payments company vice president. “This is a huge mistake, and it can cost them dearly in the long run.”

By Justin Main • June 23, 2023

Former SVB exec takes IQ-EQ CFO seat

On the heels of a major acquisition in September, the firm is refreshing its C-suite with Judy Wang’s appointment.

By Elizabeth Flood • June 22, 2023

CFO-on-demand startup Paro closes $25M funding round

The funding will allow the company to scale its product innovation, including by “doubling down on AI,” according to CEO Anita Samojednik.

By Alexei Alexis • June 22, 2023

Taulia CFO champions complementary leadership

Rene Ho’s engineering background has afforded him the analytical mindset and intellectual curiosity which are crucial to the CFO role, he said.

By Grace Noto • June 22, 2023

FedEx launches search to replace retiring CFO

The package delivery giant said it has begun a search for a new finance chief who combines “deep financial expertise with strong operational capabilities.”

By Alexei Alexis • June 21, 2023

How Infinera’s CFO practices what she preaches

CFO Nancy Erba dishes on how she strives to lead by example when it comes to women in the workplace.

By Elizabeth Flood • June 21, 2023

Visa hires CFO replacement

Card giant Visa has selected Chris Suh as its new chief financial officer. Suh, formerly at gaming company Electronic Arts and tech titan Microsoft, will receive a $3 million signing bonus and $20 million in longer-term compensation.

By Lynne Marek • June 20, 2023

Unisys CFO targets revenue growth

A strong CFO-CEO relationship will be critical as technology solutions firm Unisys gears up to take advantage of the $1 trillion IT solutions market opportunity, CFO Debra McCann said.

By Grace Noto • June 20, 2023

Carlyle Group promotes insider to CFO seat

Following longtime CFO Curt Buser’s decision to retire, the global investment firm has appointed a company veteran and Goldman Sachs alum to the financial helm.

By Elizabeth Flood • June 20, 2023

B2B payment fraudsters exploit security holes: Trustpair

Companies’ reliance on manual, rather than automated, business-to-business fraud prevention measures is providing an opening for scammers, according to Trustpair CEO Baptiste Collot.

By Alexei Alexis • June 20, 2023

Disney CFO takes leave of absence

The 23-year company alum is stepping down among a pending shareholder lawsuit and efforts by the company to restructure following ongoing subscriber loss for its streaming business.

By Grace Noto • June 16, 2023

EY CEO’s retirement sounds new leadership alarm

Carmine Di Sibio’s exit and the firm’s abandonment of “Project Everest” may signal a new era of leadership, as well as a new structure to complete the breakup of EY’s consulting and auditing arms.

By Elizabeth Flood • June 16, 2023

SEC delays final rule on cyber incident disclosure as industry pushes back

The agency was seeking prompt reporting of material cyber breaches and attacks, but faced a range of concerns from stakeholders.

By David Jones • June 16, 2023

Kroger execs still feel inflation’s pinch, glimpse relief

The grocery giant is still grappling with rising prices as well as the end of pandemic-era food benefits that is constraining budgets of many lower-income customers.

By Maura Webber Sadovi • June 15, 2023

Suppliers gained clout as DPO dipped: Hackett

The number of days payable outstanding —  a key gauge of cash flow health — fell 8% last year or 4.7 days, according to the Hackett Group.

By Chris Gaetano • June 15, 2023

Microsoft beefs up AI-powered business automation tools

The enhancements include new features aimed at helping managers, including in finance departments, reduce time spent on task planning and risk assessments, according to a blog post.

By Alexei Alexis • June 15, 2023

CFOs lower growth expectations, cut costs: Deloitte

Finance leaders are less willing to take on new risks and less optimistic about their companies’ financial prospects as their CEOs urge them to continue slashing costs.

By Grace Noto • June 15, 2023

Five Below poaches McDonalds alum for CFO

The extreme-budget retailer is reshuffling its C-suite, with Ken Bull’s promotion to COO and Kristy Chipman’s appointment to CFO.

By Elizabeth Flood • June 15, 2023