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

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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

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

Bed Bath & Beyond files to raise $300M in market

In spite of the struggling retailer’s creative efforts to raise capital, Morningstar analysts wrote Thursday that they still expect the firm to eventually declare bankruptcy. 

By Maura Webber Sadovi • March 30, 2023

Finance staff digital skills outstrip leadership: study

As AI and automation continue to advance, the digital skills of finance staffs are outstripping those of senior executives — leading to challenges managing and engaging skilled talent.

By Grace Noto • March 30, 2023

GPT-4 draws more heat as AI advocates file FTC complaint against OpenAI

An AI advocacy group’s complaint arrived the same week FTC Chair Lina Khan said AI was top of mind for the agency while speaking at an antitrust summit.

By Lindsey Wilkinson • March 30, 2023

Ex-CFO convicted of tax evasion, hiding offshore accounts

The ex-CFO of a Russian natural gas company was found guilty of concealing his ownership of more than $93 million in offshore assets and failing to file and pay income taxes for several years.

By Alexei Alexis • March 29, 2023

Women CFOs: Raising their hands

From promotions amid pregnancies, fake engagement rings and surprise opportunities, these women leaders have faced highs and lows on their way to finance leadership.

By Elizabeth Flood • March 29, 2023

Alibaba to split into six groups, chases IPOs

The Chinese e-commerce giant will split into six separate groups in a move that follows declining tech valuations and a regulatory crackdown on the country’s tech sector.

By Grace Noto • March 29, 2023

CFO churn persists with FleetCor, Corcentric

Payments companies FleetCor and Corcentric are the latest to name new CFOs as churn in the industry continues.

By Elizabeth Flood • March 29, 2023

Experts warn against ransomware complacency

Despite reports of fewer ransomware-related cyber insurance claims and decelerating premiums in 2022, experts say the threat is still serious and evolving.

By Alexei Alexis • March 28, 2023

Embattled EV maker Nikola promotes insider to CFO

The EV maker’s CFO is stepping down following managerial turmoil in recent years.

By Elizabeth Flood • March 28, 2023

Bank failures could cause SMB credit crunch

“The current banking crisis could directly lead to a small business crisis if they are not able to quickly access the capital they need to sustain and expand their operations,” Biz2Credit’s CEO said.

By Anna Hrushka • March 28, 2023

Datarails aims for ‘grounded’ ChatGPT-like FP&A tool

The tech company’s goal is to provide CFOs with a tool in the style of the popular ChatGPT service, but without some of the same accuracy and data privacy challenges.

By Alexei Alexis • March 28, 2023