Disney cuts 7,000 workers with laser focus on streaming business

The Mouse House is slashing 3.6% of its workforce after CEO Bob Iger’s recent return to his role.

By Elizabeth Flood • Feb. 9, 2023

Chipotle CFO hopes for ‘reasonably tame’ inflation

The burrito chain is bracing for the possibility of inflation-induced pressure on ingredients such as beef.

By Alexei Alexis • Feb. 8, 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

Watch for accidental fraud, forensic accounting expert says

Kelly Richmond Pope believes CFOs need to understand what motivates three types of fraud perpetrators: the intentional, the accidental and the righteous.

By Maura Webber Sadovi • Feb. 8, 2023

VinFast US CFO included in North America layoffs: report

The cuts come as the company is consolidating its Canadian and U.S. strategic business and management operations into a single unit that will be known as VinFast North America.

By Alexei Alexis • Feb. 7, 2023

Pinterest CFO to depart following weak quarter

Todd Morgenfeld’s departure follows mediocre quarterly results from the social media service, which is facing a slowdown in ad spending.

By Grace Noto • Feb. 7, 2023

Bed Bath prices offering to avoid bankruptcy, taps new CFO

The investor deal comes as the beleaguered home goods retailer ushers in a new interim CFO with experience in turnarounds.

By Nate Delesline III • Feb. 7, 2023

Fiserv CFO discloses acquisitions

Fiserv spent $1 billion on acquisitions in 2022,  in part helping to growing its international business, said Fiserv CFO Bob Hau. The spending follows workforce cuts and shuttered business units by the company.

By Caitlin Mullen • Feb. 7, 2023

Volvo begins hunt for new finance chief following CFO’s resignation

The 25-year company alum is stepping down from the CFO position after a year in the role.  

By Grace Noto • Feb. 6, 2023

Tyson Foods ‘hit in the mouth’ with disappointing earnings

The meat processor is facing unusual pressures across its chicken, pork and beef segments, executives said on Tyson Foods' earnings call Monday.

By Elizabeth Flood • Feb. 6, 2023

Ex-Wendy’s US CFO lands at Little Caesars

Little Caesars said its new finance chief, Leigh Burnside, will oversee the expansion of the company’s accounting team as it seeks to support recent growth.

By Alexei Alexis • Feb. 6, 2023

Rampant budget cuts anticipated amid recession fears

The study by CFO.com shows that companies are planning as if a recession will happen, even if there are mixed views about the economy.

By Alexei Alexis • Feb. 3, 2023

Amazon CFO points to slowing customer spend as cloud growth shrinks

Optimization efforts by more economical enterprise customers will continue to be a headwind for its AWS sector, Amazon’s CFO said.

By Grace Noto • Feb. 3, 2023

Audit committee job creep taking its toll

With internal audit committees biting off more than they can often chew, committee members across businesses are feeling the burnout. 

By Elizabeth Flood • Feb. 3, 2023

Stripe CFO exits to handle ‘family matters’

Dhivya Suryadevara is exiting the payments software provider on the brink of a potential IPO and deal with Amazon.

By Elizabeth Flood • Feb. 3, 2023

Sony expands CFO’s duties, adding president, COO

The move will help the company strengthen its management structure, according to CEO Kenichiro Yoshida.

By Alexei Alexis • Feb. 2, 2023

How CFOs can cut costs using data: BigPanda

Using data to identify mission-critical investments can help CFOs be proactive rather than reactive as they face a highly inflationary environment.  

By Grace Noto • Feb. 2, 2023

Checkout.com expands into US, picks CFO from within

Nirupam Sinha was promoted to the CFO seat as the company’s former finance chief moves on to oversee U.S. expansion.

By Elizabeth Flood • Feb. 2, 2023

Interim Illumina CFO takes permanent seat

Joydeep Goswami’s appointment marks the executive’s first role in finance, and happens as the company faces headwinds from an acquisition last year.

By Elizabeth Flood • Feb. 1, 2023

CFOs to boost compensation

CFOs are planning on increasing their compensation budgets in 2023, but are focused on top performers and tech-related skills.

By Grace Noto • Feb. 1, 2023

CFOs are focused on talent — and the return to office

It’s becoming increasingly clear there is no “going back” fully to how we worked before the pandemic, Kathryn Kaminsky writes.

By Kathryn Kaminsky • Feb. 1, 2023

External CFO hires slumped in 2022: study

External CFO hires declined in 2022, but companies are increasingly looking to their financial leaders as ‘logical successors’ to the CEO when it comes time to fill their top executive seat.

By Grace Noto • Jan. 31, 2023

Poshmark CFO’s ‘adventurous’ career journey

Rodrigo Brumana landed the CFO seat at Poshmark after coming to the US about 20 years prior knowing little English and having no financial experience.

By Elizabeth Flood • Jan. 31, 2023

AIG fires interim CFO, citing confidentiality breach

AIG says its departing finance chief, Mark Lyons, is walking away from the company with a $7.5 million settlement in recognition for past contributions.

By Alexei Alexis • Jan. 31, 2023

4 rules for CFOs cutting office space

Trimming office space budgets has always been a quick cost-cutting solution for companies in recessionary times. Now hybrid work is complicating matters.

By Maura Webber Sadovi • Jan. 31, 2023

Battling SEC, crypto firm Gemini picks new finance head

Gemini’s new finance chief takes the helm as the cryptocurrency sector faces increased scrutiny from regulators. Its partner Genesis filed for Chapter 11 bankruptcy protection this month.

By Grace Noto • Jan. 30, 2023