‘Down round’ hold outs are on the clock, SVB CFO says

In today’s uncertain financing environment many companies are curbing their “cash burn” in order to extend the time that their existing financing will last. 

By Maura Webber Sadovi • Dec. 7, 2022

Salesforce alum takes on CFO role for Frontdoor

Jessica Ross will take on the top financial seat for the home service provider effective Dec. 30.

By Grace Noto • Dec. 6, 2022

Explore the 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

Treasurers warm to liquidity, yields of T-bills, Jiko CEO says

As interest rates have risen against a backdrop of volatile equity and currency markets, lower-risk T-bills are drawing more interest.

By Maura Webber Sadovi • Dec. 6, 2022

WW International names interim finance exec as CFO departs

Amy O’Keefe departs the company as a new chief people officer and chief data officer are appointed. WW International also continues to face headwinds in major losses of subscribers. 

By Elizabeth Flood • Dec. 6, 2022

FTX fallout spurs regulatory fears

Payments industry professionals, including at the software security firm Fireblocks, worry that the crypto exchange’s downfall could trigger a regulatory backlash against digital assets.

By Caitlin Mullen • Dec. 6, 2022

WHSmith swipes Neiman Marcus CFO

Kevin Gotthard pivots to the convenience store space after a little over a decade at luxury retail brands Neiman Marcus and Ralph Lauren.

By Elizabeth Flood • Dec. 5, 2022

CFOs budget to party like it’s 2009

While some companies are splurging, the share of businesses surveyed that have holiday parties teed up is hovering near a pre-pandemic low.

By Maura Webber Sadovi • Dec. 5, 2022

10 of the year’s biggest CFO stories

As the year winds down, we wanted to take a moment to highlight some of the stories that have helped keep our readers in the know in 2022. 

By Maura Webber Sadovi • Dec. 2, 2022

Biden signs legislation preventing rail strike, lockout

The president said the law avoids “what, without a doubt, would have been an economic catastrophe at a very bad time in the calendar.”

By Sarah Zimmerman • Dec. 2, 2022

Tyson CFO pleads not guilty to criminal trespass, intoxication charges: reports

Tyson Foods has drawn criticism from some corporate governance experts who have said the company should have taken a more aggressive stance on the arrest of its newly-minted CFO.

By Elizabeth Flood • Dec. 1, 2022

CFOs up forecasting frequency amid economic uncertainty: survey

Pricing pressures, labor costs and talent retention struggles are creating new forecasting challenges for financial and business leaders, the AICPA & CIMA survey found.

By Grace Noto • Dec. 1, 2022

Many CFOs are paralyzed by decision volume: Accenture

An expanding scope of responsibilities — which require finance chiefs to have cross-disciplinary expertise — is slowing decision making, according to an Accenture study.

By Suman Bhattacharyya • Dec. 1, 2022

Foot Locker hunts for new CFO amid exec shakeup

Finance chief Andrew Page departs the retailer as Foot Locker appoints new COO and CHRO.

By Elizabeth Flood • Nov. 30, 2022

Qatar Investment Authority swipes former JPMorgan exec for CFO

Niall Byrne will take on the financial leadership of the sovereign wealth fund while Qatar’s economy and financial resources come under an international spotlight as it hosts the FIFA World Cup.  

By Grace Noto • Nov. 29, 2022

Vail Resorts appoints company alum to CFO seat

Angela Korch left Vail Resorts just over two years ago to become CFO of CorePower Yoga. She is returning to take the ski resort operator’s finance helm.

By Elizabeth Flood • Nov. 29, 2022

In praise of the good CFO

With the holiday season kicking off, it seems a good time to remember the CFOs who are fighting to do the right thing behind closed conference room doors.

By Maura Webber Sadovi • Nov. 28, 2022

Auto, manufacturing could be next in line for layoffs, IMA CFO says

Between rising interest rates and global supply chain issues, the manufacturing and automobile industries may be next in line for workforce cuts.

By Elizabeth Flood • Nov. 28, 2022

CFOs must sharpen storytelling skills for boards

CFOs must take on the role of storyteller when communicating with their boards as their focus shifts from growth and towards long-term sustainability in a pre-recession environment.

By Grace Noto • Nov. 28, 2022

Geopolitical tensions to continue shaping 2023 economy: S&P Global

Unresolved global conflicts and likely recessions in several markets will shape economic policies in 2023, a survey said.

By Elizabeth Flood • Nov. 23, 2022

Labor market rebalancing will require job loss: Fitch

The job openings rate will likely decline from the current rate of 6.5% to 5.2% by 2024, reducing job openings by 2.1 million, according to Fitch Ratings.

By Elizabeth Flood • Nov. 22, 2022

Congruex taps Lumen Tech alum as new CFO

Lumen Technologies alum Neel Dev will become CFO as Andy Carlson moves to a newly created role focusing on M&A, Congruex announced.

By Grace Noto • Nov. 21, 2022

Cloud firm Lacework taps new CFO, considers IPO

Symantec and Oracle alum Andrew Casey will bring his industry expertise to the CFO role as Lacework prepares to go public.

By Grace Noto • Nov. 18, 2022

KeyBank taps chief strategy officer as next CFO

Clark H.I. Khayat has guided the Cleveland-based lender through several niche acquisitions. He succeeds Don Kimble, who is set to retire May 1.

By Rajashree Chakravarty • Nov. 18, 2022

Companies boost 2023 salary budgets to 20-year high: WTW

U.S. companies — reacting to persistent inflationary and labor market pressures — are ratcheting up the targeted average pay raise they expect to hand out next year to 4.6%. 

By Maura Webber Sadovi • Nov. 17, 2022

Tech execs see growth opportunities in economic downturn: EY

Half of executives in the technology sector see a potential recession as a time to implement growth strategies.

By Elizabeth Flood • Nov. 17, 2022