Leadership: Page 45
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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 Grace Noto • March 14, 2023 -
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 -
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 -
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 -
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 Alexei Alexis • March 13, 2023 -
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 -
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 Alexei Alexis • March 13, 2023 -
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 Alexei Alexis • March 10, 2023 -
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 Grace Noto • March 10, 2023 -
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 -
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 -
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 Suman Bhattacharyya • March 9, 2023 -
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 Grace Noto • March 9, 2023 -
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 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 -
CrowdStrike revenue soars amid high cyber demand
The cybersecurity company reported record financial results in spite of macroeconomic headwinds.
By Alexei Alexis • March 8, 2023 -
Stitch Fix CFO to exit as declines persist
Dan Jedda, who came from Amazon about two years ago, in May will become chief financial officer at Roku, as the box e-retailer continues its CEO search.
By Daphne Howland • March 8, 2023 -
Expedia alum takes Sonder CFO seat
The hospitality platform announced a new finance chief as it looks to reach positive quarterly cash flow in 2023 while facing a murky economic environment.
By Grace Noto • March 7, 2023 -
Scotts still targeting cannabis sector, CFO says
The over 150-year-old company — better known for its lawn and garden products — has become one of the biggest players in the emerging cannabis market.
By Maura Webber Sadovi • March 7, 2023 -
Bank, finance leaders brace for rate volatility
The majority of leaders at financial institutions say interest rates will drive business model guidance this year but few are leveraging financial data to support these changes.
By Elizabeth Flood • March 7, 2023 -
Paymentus picks ex-TiVo exec for CFO
The electronic billing and payment company’s CFO hire comes less than a month after it handed a change in control and severance agreement to its then interim CFO.
By Maura Webber Sadovi • March 6, 2023 -
Generative AI a ‘game-changer’ but businesses are worried about the ethics
Most executives plan to prioritize generative AI over the next year and a half, Salesforce research shows.
By Roberto Torres • March 6, 2023 -
Software firm Ramp closes $5M seed round
The funding will help with hiring additional staff and onboarding new clients, the company’s CEO told CFO Dive.
By Alexei Alexis • March 6, 2023 -
Sallie Mae CFO enters retention plan
The private student loan provider is on the hunt for a new CFO as the Biden administration’s forgiveness program is on hold.
By Elizabeth Flood • March 6, 2023 -
CFO takeaways from Biden cyber plan
The Biden administration’s new 35-page report, released last week, calls for increased regulation and warns that some U.S. companies are not doing enough to respond to escalating cyber threats.
By Alexei Alexis • March 6, 2023 -
Pay plan rejections hit record high
Last year the rejections of Russell 3000 Index companies’ pay packages hit the highest annual level since the non-binding say-on-pay votes became mandatory in 2011.
By Maura Webber Sadovi • March 3, 2023