Leadership: Page 38
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EY split hits wall
Back in September, the Big Four accounting firm announced plans to split its auditing and consulting arms into two entities. Now, ‘Project Everest’ has been halted.
By Elizabeth Flood • April 12, 2023 -
Berkshire Hathaway veterans take Pilot’s CFO, CEO seats
Just under three months after Warren Buffett’s firm became the travel center giant’s majority owner, longtime Berkshire Hathaway executives are taking the helm at Pilot.
By Elizabeth Flood • April 11, 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 -
Ledge seizes on SVB crisis with multi-bank offering
The Israeli finance tech startup decided to expedite the rollout of its new treasury management tool after the collapse of Silicon Valley Bank.
By Alexei Alexis • April 11, 2023 -
Auvik adds private equity vet as CFO in C-suite shakeup
The IT management company is at an "inflection point" as it adjusts to being owned by a private equity firm and evolves to meet customer demand, its new CFO says.
By Alexei Alexis • April 10, 2023 -
SVB shareholder suit cites KPMG’s ‘silent’ audit
The new SVB shareholder lawsuit shines a light on KPMG’s February audit that effectively gave the bank a clean bill of health about two weeks before its collapse.
By Maura Webber Sadovi • April 10, 2023 -
Matillion CFO: Melding operational, finance skills can boost decision-making
Pairing operational and finance skills can help prepare CFOs to make better decisions and to eventually take on broader roles, newly-minted Matillion CFO and COO said.
By Grace Noto • April 10, 2023 -
Opinion
Why CFOs must take inventory reins
The people responsible for bloated inventory levels don’t all sit in factories and warehouses, Ernst & Young’s Peter Kingma writes.
By Peter Kingma • April 7, 2023 -
Samsung employees leaked corporate data in ChatGPT: report
Data privacy is a concern for companies with employees using ChatGPT’s web-based interface, as input data is used to train and improve the tool.
By Lindsey Wilkinson • April 7, 2023 -
Walmart automates to combat inflation, CFO says
The retailer is upping its investments in automation as it looks to manage costs and pricing during an inflationary environment.
By Grace Noto • April 7, 2023 -
Using a disciplinary matrix to tie compensation to compliance
A good way to earn DOJ cooperation credit is to be clear on paper what violations will result in a pay reduction or clawback, a Morgan Lewis partner says.
By Robert Freedman • April 6, 2023 -
Zayo taps Verizon alum for CFO
Jeff Noto takes on the role of finance chief as Zayo stacks its leadership with telecom veterans before a planned push for growth.
By Grace Noto • April 6, 2023 -
UberEats loses global CFO to tech startup Remote
Michiel Boere has left Uber to become the first finance chief of Remote, a tech startup that provides tools and services for managing dispersed workforces.
By Alexei Alexis • April 6, 2023 -
5,000 GM workers opt for buyout plan, CFO says
The company buyout is part of a GM program aimed at cutting costs by $2 billion by the end of 2024 while avoiding layoffs.
By Alexei Alexis • April 5, 2023 -
Modern finance goes leaner
No matter how big a company’s finance department is these days, it’s most likely much smaller than it would have been just a few decades ago.
By Chris Gaetano • April 5, 2023 -
Automation can curb finance burnout
Finance leaders are looking closer at automation as a talent retention tool as employees eye new opportunities.
By Grace Noto • April 4, 2023 -
Sirius XM promotes controller to CFO
The New York City-based satellite radio company has named a new CFO just under a month after it reduced its workforce by 8%.
By Maura Webber Sadovi • April 4, 2023 -
Cyberattacks hit almost all companies last year, Sophos says
A constant barrage of malicious activity has organizations reeling, negatively impacting their ability to accomplish IT projects or dedicate time to strategic issues.
By Matt Kapko • April 4, 2023 -
Esker, HighRadius top C2C software rankings
Esker, HighRadius and FIS Global surpassed modern C2C software industry peers such as Billtrust, BlackLine, and Cforia in a study by the Hackett Group.
By Alexei Alexis • April 4, 2023 -
No, AI isn’t coming for your CFO seat
CFOs are likely here to stay for the foreseeable future, despite predictions that automation will transform corporate finance functions, experts say.
By Alexei Alexis • April 3, 2023 -
Ex-Trump CFO, facing fresh legal pressure, swaps attorneys
The legal turmoil still swirling around the Trump Organization’s former CFO shows just how closely intertwined a finance chief’s fate is with that of the organizations they serve.
By Maura Webber Sadovi • April 3, 2023 -
WANdisco appoints interim CFO as finance chief, CEO step down
The British cloud computing company said the resignations of the firm’s CEO and CFO are not connected to the ongoing investigation into the company’s finances.
By Grace Noto • April 3, 2023 -
Marketers, pricers are out of sync on inflation strategy
CFOs have major decision power when it comes to developing pricing — the fastest lever companies can pull to adjust to inflation, Revionics’ Matt Pavich says.
By Suman Bhattacharyya • April 3, 2023 -
Weighing pros, cons of ‘fractional’ CFOs
A fractional CFO could help companies achieve their strategic goals, but firms must carefully weigh the pros and cons of making such a choice.
By Grace Noto • March 31, 2023 -
Rolls-Royce taps first woman CFO in leadership shakeup
The leadership change follows the installment of Tufan Erginbilgic as the company’s new CEO in January.
By Alexei Alexis • March 31, 2023 -
Alibaba Group CFO stays put
Alibaba Group’s CFO will stay on as the company evaluates the shape and nature of its planned split into six distinct entities.
By Grace Noto • March 30, 2023