Costco holds back on membership fee hike

As consumer spending slumps, the bulk retailer is holding back on its plans to boost membership fees and aiming to grow e-commerce and mobile sales.

By Grace Noto • May 26, 2023

Drawing on SEC chops, Fundrise CFO preps for aftermath of inflation

The SEC and KPMG alum talks about embracing uncertainty, being willing to make wide career pivots and her outlook on the economy.  

By Grace Noto • May 25, 2023

Explore the Trendline➔

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

Nvidia revenues soar amid AI demand

The chipmaker’s finance chief credited generative AI with driving “exponential growth” in the computing sector.

By Alexei Alexis • May 25, 2023

WeWork CFO follows CEO out the door

Andre Fernandez’s swift exit marks the company’s fourth CFO transition since March of 2020.

By Elizabeth Flood • May 25, 2023

C-suite leaders see AI boosting productivity: KPMG

Top executives expect AI will especially improve efficiency in a range of finance functions.

By Alexei Alexis • May 24, 2023

TripleLift hires ex-Politico CFO

The Politico alum joins executive colleagues from Yahoo and Amazon in TripleLift’s C-suite as the company looks toward its next phase of growth amid data privacy and economic challenges.

By Grace Noto • May 24, 2023

Zoom raises forecasts, continues on AI train

The company is positive in its look ahead for 2024, despite recent headcount reductions and a slowing business environment.

By Elizabeth Flood • May 24, 2023

RingCentral CFO describes career choice, staying ‘fiercely prioritized’

From investment banking to an operational finance role to finally taking on a public company CFO role, Sonalee Parekh has run the gamut when it comes to her financial career path.

By Elizabeth Flood • May 23, 2023

Resilience sounds alarm on 300% ransomware resurgence

Ransomware claims by the cyber insurer’s customers grew 300% from the third quarter of 2022 to the first quarter of this year.

By Alexei Alexis • May 23, 2023

The CFO design thinking mindset

Taking a human-centered approach to leadership is key for CFOs to craft agile leadership strategies, IMA’s Loreal Jiles said.

By Elizabeth Flood • May 22, 2023

Fostering diverse banking relationships key to balancing risk

The wobbles in the banking industry put a spotlight on the importance of diversifying banking and financial relationships for CFOs looking to mitigate business risk.

By Grace Noto • May 22, 2023

Why CFOs must beef up their CX playbooks

The B2B market is facing a new generation of decision makers who are accustomed to speedy digital customer experiences, according to Billtrust CFO Bob Purcell. 

By Bob Purcell • May 19, 2023

Apple restricts ChatGPT, GitHub Copilot use over data worries: report

The company limited use of the AI tools for some employees amid concerns over confidential data, the Wall Street Journal reported Friday.

By Roberto Torres • May 19, 2023

Foot Locker taps Kohl’s exec for CFO

Kohl’s alum Michael Baughn will move into Foot Locker’s CFO role as the sneaker retailer reported slumping sales and lowered 2023 guidance.

By Grace Noto • May 19, 2023

CFOs bullish on M&A prospects: survey

The research revealed that a large number of business leaders are optimistic about the economy, with more than half expecting the expansion to continue.

By Alexei Alexis • May 18, 2023

Ex-fabric CFO accused of losing $35M in crypto crash

The former CFO is charged with investing the funds without permission into his own crypto venture before losing them during the market’s crash, according to a federal indictment.

By Grace Noto • May 18, 2023

GE promotes insider to CFO, prepares for spin-offs next year

Ahead of their planned three prong spin-off, the industrial giant has promoted Rahul Ghai, 51, to take the financial helm.

By Elizabeth Flood • May 18, 2023

Ex-Amazon finance leader headed for DocuSign

The new finance chief will help DocuSign to unlock both growth and operational efficiency, the company’s CEO said.

By Alexei Alexis • May 17, 2023

Lyft CFO steps down in latest of leadership changes

In the first week of his tenure, new CEO David Risher announced a 26% reduction in Lyft’s corporate workforce. Now, the current CFO is stepping down.

By Elizabeth Flood • May 17, 2023

US cyber insurance premiums exceeded $7.2B last year

Despite sharp price increases over recent years, cyber insurance is in high demand as a risk mitigation strategy, according to Fitch Ratings.

By Alexei Alexis • May 16, 2023

The dawn of the interim CFO

With financial leadership coming at a premium, interim CFOs are having their moment in the spotlight.  

By Grace Noto • May 16, 2023

Disney CFO, ex-CEO named in shareholder lawsuit

The 39-page court document alleges that Bob Chapek, Christine McCarthy and Kareem Daniel misled investors regarding the health of the business.

By Elizabeth Flood • May 16, 2023

Costs again rank as CFOs’ top automation hurdle

In a survey commissioned by software provider OneStream, budget constraints surpassed employee skill gaps and return on investment issues as obstacles to new technology investments.

By Alexei Alexis • May 16, 2023

AI needs cohesive regulation to reduce public risk, experts say

The risk associated with AI's speedy evolution calls for uniform legislation, a panel of executives and government officials said last week.

By Roberto Torres • May 15, 2023

Layoffs may cause organizational drag: Gartner

Unforeseen consequences may negate any forecast savings as soon as three years after the start of layoffs, Gartner found in a recent report.

By Elizabeth Flood • May 15, 2023