Clear Street taps new CFO among sweeping leadership shifts

The new CFO is taking the company’s financial reins as the $2 billion fintech looks to establish a unique niche in the capital markets space.

By Grace Noto • Oct. 3, 2023

Cybersecurity spending slows amid economic headwinds: report

Average security budget growth was lowest in cyber-mature sectors, such as tech, finance and healthcare, according to the research.

By Alexei Alexis • Oct. 3, 2023

Explore the Trendline➔

Digital transformation, one smart step at a time

As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

By CFO Dive staff

AI champions pitch use cases for CFOs: Workday conference

“We’re moving to a world with massive amounts of data, massive complexity of data, and data that is continuously changing, and that’s where AI comes in,” said tech executive Rohit Gupta.

By Alexei Alexis • Oct. 3, 2023

More companies are ramping up generative AI pilots

The share of companies piloting the technology has tripled in less than six months, Gartner data shows.

By Lindsey Wilkinson • Oct. 3, 2023

Allianz chief actuary replaces CFO exiting for Generali

The German global insurer promoted Claire-Marie Coste-Lepoutre as outgoing CFO Giulio Terzaroil leaves for a competitor.

By Maura Webber Sadovi • Oct. 2, 2023

ServiceNow CFO: Looking beyond the numbers

Amid accelerating change, CFOs need to grow into strategists rather than pure number specialists, ServiceNow’s Gina Mastantuono says.

By Grace Noto • Oct. 2, 2023

Cano Health appoints interim CFO

Eladio Gil takes the reins as interim chief financial officer as the struggling primary care chain searches to replace Brian Koppy.

By Emily Olsen • Oct. 2, 2023

CFO events, conferences in H2 2024

As CFOs head into the back half of 2024, it’s important to keep an eye on key trends. CFO Dive’s list of conferences and industry events can help finance chiefs do so.

By Grace Noto • Updated June 21, 2024

California Gov. Gavin Newsom signs $20 fast food minimum wage into law

The deal, AB 1228, establishes a council with limited power to set the pace of wage increases until 2029, in what the SEIU calls a “historic” turn for labor.

By Aneurin Canham-Clyne • Sept. 29, 2023

Uber taps decades-long finance veteran for CFO seat

Semiconductor executive Prashanth Mahendra-Rajah is taking the finance reins at the ride-sharing company as it focuses on post-COVID-19 pandemic growth. 

By Alexei Alexis • Sept. 28, 2023

Learn to talk tech, Heller Search CEO advises CFOs

For finance and technology executives to create an effective digital transformation strategy, it’s important to speak the other’s language.  

By Grace Noto • Sept. 28, 2023

SEC fines CFO, others for stock trade filing ‘delinquencies’

The charged corporate insiders and companies deprived investors of timely information related to over $90 million in transactions, SEC’s Gurbir Grewal said.

By Alexei Alexis • Sept. 27, 2023

Non-profit’s former executives arrested for $3.7M fraud scheme

The criminal charges follow a three-year investigation by the state of Florida into misconduct by the nonprofit’s former CEO and CFO.

By Grace Noto • Sept. 27, 2023

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

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