Leadership: Page 40


  • Several passengers in silhouette walk through a concourse at Ronald Reagan National Airport.
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    Drew Angerer via Getty Images
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    Travel + Leisure CFO talks uptick in travel, bleisure

    Despite headwinds on travel from the pandemic, CFO Mike Hug has continued to capitalize on new opportunities within the industry.

    By Elizabeth Flood • March 20, 2023
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    Vaidik Trivedi

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    With tech’s favorite banks in turmoil, some are choosing loyalty

    After several high-profile bank failures and near-failures, some fintechs don’t see jumping ship as an option.

    By Gabrielle Saulsbery • March 20, 2023
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    lorozco3D via Getty Images
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    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
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    Courtesy of Mattel
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    Mattel CFO sees movie tie-in boosting Barbie sales

    The iconic El Segundo, California-based toymaker had a tough 2022 but CFO Anthony DiSilvestro expects the outlook to improve and says parents will always prioritize spending on their children.

    By Chris Gaetano • March 17, 2023
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    PeopleImages via Getty Images
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    How ERP modernizations fare amid cost cutting

    Some companies are pausing or delaying ERP implementations. But projects moving ahead face sharper scrutiny than before.

    By Jen A. Miller • March 17, 2023
  • People line up outside of Silicon Valley Bank.
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    Justin Sullivan via Getty Images
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    SVB CFO may be swept up in stock dumping scrutiny

    Three SVB Financial senior officers, including the finance chief, sold company shares worth a combined total of about $4.5 million as of Jan. 1, according to insider trading research firm Smart Insider.   

    By March 16, 2023
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    Delmaine Donson via Getty Images
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    Does SVB failure expose CFO job creep’s weaknesses?

    The bank's chief risk officer seat was left vacant for much of 2022, raising questions about how such responsibilities are distributed and to whom in the modern C-suite.

    By March 16, 2023
  • A crowd of people stands outside Silicon Valley Bank headquarters.
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    Justin Sullivan via Getty Images
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    Nearly one-third of CFOs to diversify deposits across banks: study

    CFOs are looking to take immediate action to assess the risk and exposure to their businesses following recent bank failures.

    By Elizabeth Flood • March 16, 2023
  • An internal shot of Burberry's shop-in-shop inside of Saks in New York City.
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    Courtesy of Courtesy of Luis Guillén for Saks
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    Burberry poaches CFO from McLaren

    The British luxury fashion house announced another change in its C-suite after naming a new CEO just last year.

    By Elizabeth Flood • March 15, 2023
  • Former CFO sentenced in $1.9M embezzlement scheme

    The California man used his position as an auto dealership CFO to issue himself unauthorized checks, as well as pay for personal expenses with company credit cards, prosecutors said.

    By March 14, 2023
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    Alex Wong via Getty Images
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    SVB failure could cloud CFOs’ sunnier outlook

    CFOs are cautiously optimistic for 2023, according to Deloitte’s latest CFO signals survey, but the swift downfall of SVB could test that.

    By Elizabeth Flood • March 14, 2023
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    fizkes via Getty Images
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    After SVB, cash is once again king, ex-CFO says

    With steady CFO leadership now paramount, finance leaders should prioritize cash and keep open their lines of communication with shareholders and employees.

    By March 14, 2023
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    ultramarine5 via Getty Images
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    Signature Bank CFO among those named in investor lawsuit

    A proposed class-action complaint claims the bank and its leaders misled investors about Signature Bank’s financial standing.

    By Lyle Moran • March 14, 2023
  • A customer stands outside of Silicon Valley Bank
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    Justin Sullivan/Getty Images via Getty Images
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    Silicon Valley Bank investors sue collapsed firm’s CEO, CFO

    The proposed class action alleges the failed bank, CEO Greg Becker and CFO Daniel Beck concealed from investors the impact that high interest rates would have on the tech-focused firm’s business. 

    By Anna Hrushka • March 14, 2023
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    iStock / Getty Images Plus via Getty Images
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    Q&A

    Finance tech guru dishes on ChatGPT

    While the technology holds promise, concerns over the privacy risks are justified for now, finance tech expert Glenn Hopper says.

    By March 13, 2023
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    ipuwadol via Getty Images
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    DocuSign makes surprise CFO transition announcement

    Cynthia Gaylor is stepping down from her role as CFO as the company handles the aftermath of two rounds of layoffs and leadership team expansion.

    By Elizabeth Flood • March 13, 2023
  • Car driver uses high-tech mapping device.
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    iStock / Getty Images Plus via Getty Images
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    4 keys to automation roadmapping

    Finance tech projects undertaken without a good roadmap could be headed for failure, according to Gartner analyst Nisha Bhandare.

    By March 13, 2023
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    Sam Edwards via Getty Images
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    CEOs ranked as top drivers of CFO retention

    The quality of the CEO-CFO relationship trumps other factors for finance chiefs when it comes to deciding whether to stick with an organization, according to a survey.

    By March 10, 2023
  • Meta logo sign outside California headquarters
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    Kelly Sullivan via Getty Images
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    Meta to slim teams, lean on AI in year of efficiency, CFO says

    Meta will be reevaluating its teams and projects, while also aiming to invest in key areas like AI and automation to drive its year of efficiency, CFO Susan Li said.

    By March 10, 2023
  • Allbirds' activewear line
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    Courtesy of Allbirds
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    Allbirds replaces CFO with ex-Adidas exec

    The Silicon Valley favorite sneaker brand is the second direct-to-consumer brand this week to report disappointing earnings and a CFO transition.

    By Elizabeth Flood • March 10, 2023
  • An SVB sign stands outside the bank's headquarters.
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    Justin Sullivan via Getty Images
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    Regulators take over Silicon Valley Bank

    The California Department of Financial Protection and Innovation closed the embattled bank and appointed the FDIC as receiver, regulators said Friday.

    By Anna Hrushka • March 10, 2023
  • Customers enter a Walmart store in San Leandro, California.
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    Justin Sullivan via Getty Images
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    Walmart bets on digital retail future, CFO says

    The retail giant is focusing on in-store technology and logistics improvements and positioning stores as distribution points for online shopping.

    By March 9, 2023
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    hynci via Getty Images
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    CFO base pay raises outpace CEOs’

    Finance chiefs edged out top executives for salary increases on average, though CEOs saw higher gains in total compensation.

    By March 9, 2023
  • An image of the sign for Allstate Insurance
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    Bruce Bennett/Getty via Getty Images
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    Allstate focused on profitability first, growth second

    CFO Jess Merten outlined the company’s strategy as its largest competitors take an opposite approach.

    By Elizabeth Flood • March 9, 2023
  • PayPal building in San Jose
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    Justin Sullivan via Getty Images
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    PayPal CFO hits the exit

    PayPal CFO Blake Jorgensen, who has been on a medical leave since September, left his role Tuesday.

    By Lynne Marek • March 8, 2023
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    iStock via Getty Images
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    CrowdStrike revenue soars amid high cyber demand

    The cybersecurity company reported record financial results in spite of macroeconomic headwinds.

    By March 8, 2023