C-suite execs waver on AI amid regulatory uncertainty: KPMG

The technology is drawing close scrutiny in Washington over concerns that it poses risks in areas such as data privacy and security.

By Alexei Alexis • Aug. 8, 2023

Tech hirers are pulling back from remote work postings

The share of tech job postings that are for remote positions declined to 18.6% in May after hitting a post-pandemic peak of 24% last August, according to JLL and Lightcast.

By Maura Webber Sadovi • Aug. 7, 2023

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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

Tesla CFO, ‘Master of Coin,’ resigns after 13 years with company

The automaker’s chief accounting officer, Vaibhav Taneja, took over on Aug. 4, replacing Zachary Kirkhorn. 

By Eric Walz • Aug. 7, 2023

Daimler Truck CFO dies in ‘tragic incident’

Jochen Goetz, 52, spent his entire professional career of 36 years at the German automaker.

By Grace Noto • Aug. 7, 2023

Synchronized financial systems break down silos and enable enterprise agility

Leaders should consider three actions to enable enterprise agility and break down siloes.

By Todd Wegener • Aug. 7, 2023

CVS ties customer experience to compensation

How customers perceive a brand based on every interaction with it should be measured across multiple lines of business, CVS Health’s Srikant Narasimhan said.   

By Suman Bhattacharyya • Aug. 4, 2023

Moody’s finance chief leaves for new CFO gig

The parent of the credit rating giant Moody’s Investors Service tapped its chief accounting officer to step in as interim CFO as it hunts for a permanent finance chief.

By Maura Webber Sadovi • Aug. 4, 2023

M&A slump raises bar for seller CFOs

The mergers and acquisitions boom is long over. The best CFOs are cleaning up their books and arming their CEOs with key data to win offers anyway.

By Chris Gaetano • Aug. 3, 2023

Former Google Cloud CFO heads to Stripe

The transition to a new CFO comes at a time when the digital payments company might be gearing up to go public.

By Alexei Alexis • Aug. 3, 2023

UPS-Teamsters deal: 8 highlights in tentative contract

Here’s a deeper look at the planned changes shippers and businesses that rely on UPS can expect, including less reliance on the U.S. Postal Service and a bargaining process for drone use.

By Max Garland • Aug. 3, 2023

Traceable takes on digital fraudsters with AI

The startup’s fraud detection solution zeroes in on APIs, which are increasingly becoming prominent vectors for cybercriminals.

By Alexei Alexis • Aug. 2, 2023

Uber confirms long-time CFO’s exit

CFO Nelson Chai will depart from the ride-share company next year as Uber continues to focus on profitable growth. It reported its first-ever quarterly GAAP operating profit Tuesday.

By Maura Webber Sadovi • Aug. 2, 2023

CBRE sees office vacancy peaking at 19.7% next year

The office slump is giving budget-conscious tenants more clout as rents are softening — even in pricey markets like San Francisco and Boston.

By Maura Webber Sadovi • Aug. 1, 2023

Digital Currency Group taps Goldman alum for CFO

Mark Shifke steps into the company’s top finance seat as it wraps up bankruptcy proceedings for one of its subsidiaries amid sharpening regulatory scrutiny of the crypto space.

By Grace Noto • Aug. 1, 2023

Rein in shadow IT without stifling workers: Zylo

Rather than imposing a flat ban on employee-led software purchases, companies should consider putting the right controls in place, says Zylo’s Ben Pippenger.

By Alexei Alexis • Aug. 1, 2023

Trintech CFO taps ‘club’ loan for $230M Fiserv deal

“The M&A market has had a lull but for us this is the right time and we were able to find the right asset,” Trintech CFO Omar Choucair told CFO Dive. 

By Maura Webber Sadovi • July 31, 2023

How finance chiefs can cut back on IT spending waste

To tackle outdated or redundant tech driving up IT spending costs, CFOs need to work with CIOs to create a “common plan,” LeanIX’s Christian Richter said.

By Grace Noto • July 31, 2023

It’s time for family-owned firms to put private equity on the table

Well-publicized cases of bad behavior have fueled certain biases against private equity. But family-owned businesses shouldn’t ignore the financial lifeline that PE can offer, Bob Goldsmith argues.

By Bob Goldsmith • July 31, 2023

Microsoft aims for phased FP&A tool rollout

The software giant is being cautious as it rolls out its new AI-powered FP&A tool, which is currently being tested with selected clients in a “private preview” phase.

By Alexei Alexis • July 31, 2023

Workers say surveillance makes them less productive — if they even know about it

While employers have sought surveillance to improve remote productivity, various studies and surveys indicate that such monitoring could be counterproductive.

By Kathryn Moody • July 31, 2023

SEC’s Munter warns of ‘purported’ crypto audits

The SEC’s chief accountant called out the practice by which some crypto companies pay for less “precise” reviews of their business that they misrepresent to investors as audits.

By Maura Webber Sadovi • July 28, 2023

Cybersecurity, IT top CFOs’ spending hike list

AI in particular has caught CFOs’ eyes as a potential game changer in a number of areas, including content creation and summarization, according to Grant Thornton.

By Alexei Alexis • July 28, 2023

Walgreens hunts for new CFO with healthcare experience

The pharmacy chain’s controller will take the CFO seat on an interim basis as Walgreens embarks on an aggressive cost-saving plan.

By Grace Noto • July 28, 2023

GameStop CFO resigns after about a year

Diana Saadeh-Jajeh’s departure, effective Aug. 11, extends the streak of executive turnover at the retailer.

By Nate Delesline III • July 28, 2023

Bed Bath & Beyond’s Etlin: Lessons for CFOs staring down bankruptcy

With the messy task of closing hundreds of Bed Bath & Beyond stores poised to be completed this month, the home-goods retailer’s Holly Etlin reflects on her role as a kind of “uber CFO.”

By Maura Webber Sadovi • July 27, 2023