Leadership: Page 5
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Retrieved from Lynne Marek on March 04, 2022
Moneygram faces backlog after outage
The international wire transfer company has restarted some services after a cyberattack forced its systems to be shut down.
By Lynne Marek • Sept. 26, 2024 -
Courtesy of Norfolk Southern
Norfolk Southern acting CFO goes permanent amid C-suite shakeup
The Atlanta-based freight rail operator is refilling its ranks with insiders after firing its CEO and chief legal officer who were found to be having an affair.
By Maura Webber Sadovi • Sept. 25, 2024 -
Explore the Trendline➔
lorozco3D via Getty Images
TrendlineCompensation: 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 -
opolja via Getty Images
Controllers prep for ‘dramatic’ role changes, focus on value creation: EY
While controllers recognize that change is coming, and coming quickly, they “don't necessarily have a view on what that will look like,” EY’s Myles Corson said.
By Grace Noto • Sept. 25, 2024 -
Smith Collection/Gado/Sipa/AP
Grammarly taps IPO veterans for CFO, CTO
Grammarly doesn't have any “immediate plans” for an IPO, but needs leaders who can “scale an already sizeable, high-growth company," a spokesperson said.
By Maura Webber Sadovi • Sept. 24, 2024 -
eggeeggjiew via Getty Images
Owens & Minor appoints interim CFO to permanent seat
The appointment comes as the company targets $5 billion in revenue by 2028 for its Patient Direct segment.
By Grace Noto • Sept. 24, 2024 -
gorodenkoff via Getty Images
Dark web exposure is ‘highly correlated’ with cyberattack risk
Organizations that are mentioned in dark web market listings are more than twice as likely to experience an attack, Marsh McLennan found.
By Alexei Alexis • Sept. 24, 2024 -
Laurence dutton via Getty Images
Data privacy concerns swirl around generative AI adoption
IT and business professionals fear the technology's adoption can lead to data leakage, according to a Deloitte report.
By Roberto Torres • Sept. 24, 2024 -
Tim Boyle / Staff via Getty Images
IBM ups bet on FinOps market in Kubecost buy
The acquisition raises questions, including whether the deal will increase “an already high price tag” for IBM’s FinOps suite, an analyst said.
By Alexei Alexis • Sept. 24, 2024 -
TomasSereda via Getty Images
Rate cut to trigger slow rise in real estate investment ‘tide’
Richard Barkham, CBRE’s global chief economist, is expecting “a meaningful uptick” in commercial real estate deals rather than an “explosion.”
By Maura Webber Sadovi • Sept. 23, 2024 -
Nafiz Rahat via Getty Images
Most CEOs expect full return-to-office in 3 years: KPMG
There is a “widening gap” between how executives and employees think about their workplace environments that needs to be taken into account, the report warned.
By Maura Webber Sadovi • Sept. 20, 2024 -
Anna Moneymaker via Getty Images
Fed rate cut unlikely to boost manufacturing until 2025, experts warn
The looming presidential election is still sparking uncertainty in the industry, pushing manufacturers to spend with caution.
By Kate Magill • Sept. 20, 2024 -
Mario Tama via Getty Images
AIG hires Marsh veteran as CFO
The appointment comes after a predecessor, Shane Fitzsimons, stepped down for medical leave in 2023 and later passed away.
By Alexei Alexis • Sept. 19, 2024 -
Getty Images via Getty Images
CFOs must prep for AI-driven organizational, strategy shifts: Thomson Reuters
Finance chiefs are “uniquely positioned” to take point on AI’s adoption ahead of its coming strategic impact, Thomson Reuters’ interim head of data and analytics said.
By Grace Noto • Sept. 19, 2024 -
Sam Silverstein/CFO Dive
Target names PepsiCo executive Jim Lee CFO
He replaces Michael Fiddelke, who had served jointly as COO and CFO since February. Fiddelke will stay on as operations chief.
By Nate Delesline III • Sept. 19, 2024 -
Courtesy of Xerox
Xerox taps insider to succeed retiring CFO
The transition comes on the heels of recent financial challenges at the Norwalk, Connecticut-based tech company.
By Alexei Alexis • Sept. 18, 2024 -
Anna Moneymaker via Getty Images
Fed cuts main rate by half point, voices confidence inflation falling
The central bank trimmed borrowing costs from a two-decade high after policymakers noted their growing concern about softening in the labor market.
By Jim Tyson • Sept. 18, 2024 -
Courtesy of Mastercard
Mastercard CFO to continue working after cancer diagnosis
Decisions on medical disclosures can be challenging for companies but Mastercard’s approach drew high marks from some corporate governance experts.
By Maura Webber Sadovi • Sept. 17, 2024 -
Spencer Platt via Getty Images
SEC charges Kubient CEO, CFO with accounting fraud, misleading investors
Kubient’s ex-CEO, ex-CFO and former head of audit each lied to the business’ independent auditor and reported $1.3 million in false revenue, the SEC alleges.
By Grace Noto • Sept. 17, 2024 -
Thomas Lohnes via Getty Images
SAP joins $15M funding round for risk detection startup Datricks
The investment comes as payment fraud targeted at businesses — a key focus of the startup — is surging, with a heavy impact on corporate revenues.
By Alexei Alexis • Sept. 17, 2024 -
David Ryder/Getty Images via Getty Images
Microsoft finance team puts Copilot to the test in transformation push
The software giant’s finance professionals have become some of Copilot's top users in the company, Microsoft’s Cory Hrncirik said.
By Alexei Alexis • Sept. 17, 2024 -
Dan Kitwood via Getty Images
AICPA, NASBA take big step toward CPA licensure option with less schooling
The accounting associations are seeking public comment on an alternative route to getting a CPA license that doesn’t require a fifth year of college.
By Maura Webber Sadovi • Sept. 16, 2024 -
Mark Wilson via Getty Images
EPA issues violation notice to ADM over carbon sequestration permit
The violation relates to corrosion in a monitoring well at the agricultural supply chain company’s second injection site that has since been plugged and did not affect surface or groundwater, ADM said in a statement.
By Lamar Johnson • Sept. 16, 2024 -
Justin Sullivan via Getty Images
T-Mobile hikes CFO compensation amid antitrust scrutiny
The CFO’s raise comes as T-Mobile looks to continue an aggressive growth push in the face of antitrust scrutiny from lawmakers.
By Grace Noto • Sept. 16, 2024 -
Courtesy of IMAX
IMAX CFO: Taking a disciplined approach to movie magic
Dubbed a “homegrown talent” when named CFO in 2022, Natasha Fernandes says relationships forged in the finance trenches have been key to her success.
By Maura Webber Sadovi • Sept. 13, 2024 -
Adam Gray via Getty Images
Microsoft names former GE CFO to long-vacant COO role
The tech giant is tapping the GE alum to serve as COO, a role which has stayed vacant for eight years, as it continues to bet big on AI.
By Grace Noto • Sept. 13, 2024
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