Leadership: Page 55
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Jamie Dimon isn’t the only bank CEO expecting a recession: KPMG
Some 85% of bank chiefs believe the U.S. is headed for recession in the next 12 months, the accounting giant found in its annual CEO outlook. Nearly half see layoffs in the next six months.
By Gabrielle Saulsbery • Oct. 14, 2022 -
Squarespace poaches new CFO from Amazon
Nathan Gooden is the latest is a string of Amazon finance leaders who have left the retail giant to move on to other comparatively smaller companies.
By Elizabeth Flood • Oct. 13, 2022 -
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 -
BlackRock reports profit pullback, affirms ESG commitment
BlackRock’s ESG policies, which have put it in the middle of a tug-of-war in U.S. politics, are providing investors with a range of options, the asset manager said.
By Grace Noto • Oct. 13, 2022 -
Crises demand resilience plans from CFOs
CFOs need new ways to prepare for crises, with resilience plans, and the storied Waffle House Index part of a mix of long and short-term tactics coming into focus.
By Suman Bhattacharyya • Oct. 13, 2022 -
Layoff upswing doesn’t dampen labor market
The uptick in layoffs and downturn in hiring is still not enough to cool a stubbornly red-hot labor market.
By Grace Noto • Oct. 12, 2022 -
Global hazards outstrip corporate risk preparations
Less than half of respondents rated their companies’ approach to risk-management as “mature” or “robust,” according to the report.
By Maura Webber Sadovi • Oct. 12, 2022 -
Tripadvisor swipes Noom CFO
Mike Noonan will leave the weight loss app to take the financial helm of the travel company following Ernst Teunissen’s retirement.
By Elizabeth Flood • Oct. 12, 2022 -
XPO Logistics names new CFO, approves spin-off
Carl Anderson will take the financial helm in November, ahead of the anticipated completion of the planned spin-off.
By Elizabeth Flood • Oct. 11, 2022 -
CFOs pulled deeper into tech duties
Digital transformation is another responsibility that has shifted over to CFOs, with 61% now in charge of technology budgeting, spend and approval, a recent study found.
By Grace Noto • Oct. 11, 2022 -
Inflation pushes CFO digital investments
Most CFOs are evaluating technology investments on a case-by-case basis, while about 33% report they have the appetite for aggressive investment in order to outstrip their competitors, the study found.
By Grace Noto • Oct. 10, 2022 -
Lyft’s former CFO exits crypto C-suite
Brian Roberts is the latest in a line of finance executives to step down from the crypto CFO seat after making an initial splash joining the digital startups from bigger companies.
By Elizabeth Flood • Oct. 10, 2022 -
Splurge on automation before recession hits, says former ‘serial CFO’
Rent the Runway alum and ‘serial CFO’ turned CEO Christina Ross explains why investing in automation can help financial heads prepare before we officially enter a pre-recession environment.
By Grace Noto • Oct. 7, 2022 -
CFO pay saw record 17% increase in 2021: study
Total pay averages — including both cash and equity — rose 17% for CFOs and 18% for CEOs, according to the study.
By Grace Noto • Oct. 6, 2022 -
3 ways CFOs can avoid ‘quiet quitting’ costs
Organizations are losing $20 million annually for every 10,000 employees due to low employee wellbeing, a study says.
By Elizabeth Flood • Oct. 6, 2022 -
CACI promotes Lockheed Martin alum to CFO
Lockheed Martin alum Jeffrey MacLauchlan will step up to succeed CACI’s long-time CFO Thomas Mutryn in November.
By Elizabeth Flood • Oct. 5, 2022 -
Ongoing tech investments key to survival: Presidio CFO
Presidio’s CFO and CTO share their outlook on the return on investment for tech spending, and what’s necessary for a functional tech/finance partnership.
By Elizabeth Flood • Oct. 4, 2022 -
PayPal acting CFO’s pay package hints at staying power
The $2.5 million in equity grants PayPal is handing its interim CFO are part of the kind of package that’s more typically given to long-term CFOs, executive search experts said.
By Maura Webber Sadovi • Oct. 4, 2022 -
Agility key in tackling economic downturn
Airbase and Clari CFOs share best practices to meet a challenging business environment.
By Elizabeth Flood • Oct. 3, 2022 -
BlackRock CFO pick may signal strategy shift
The CFO shift could indicate a deeper focus on the private equity or high net worth wealth arena for BlackRock, an analyst said.
By Grace Noto • Oct. 3, 2022 -
C-suite allies needed to tackle automation hesitancy: panel
An advocacy campaign that highlights important use cases can be a critical enabler. Spotify, for example, packages automation case studies in user-friendly videos.
By Suman Bhattacharyya • Oct. 3, 2022 -
Equinor promotes insider after CFO departs for Carlsberg
Ulrica Fearn is departing from her CFO seat at oil and gas company Equinor to take the financial helm at beer brand Carlsberg Group.
By Grace Noto • Sept. 30, 2022 -
Tyson heir CFO pick draws ethical fire
The Tyson family owns a large chunk of voting rights at the company and promoted one of their own to the top finance seat.
By Elizabeth Flood • Sept. 30, 2022 -
How CFOs can cut real estate costs
Subleasing and landlord buyouts are options for CFOs looking to trim office space spend but retrenchment also poses complex challenges, experts say.
By Dawn Wotapka • Sept. 29, 2022 -
Social responsibility, inflation top worry list for risk managers
Economic worries, social responsibility concerns and cybersecurity weaknesses topped the list of concerns for risk and compliance leaders facing an increasingly complex regulatory environment.
By Grace Noto • Sept. 29, 2022 -
NJ Devils, Philly 76ers veteran named Schellman CFO
Andy Goldstein, who has held the top financial seat for big-name brands such as the New Jersey Devils, will tap his 22 years of industry experience as CFO for the accounting firm.
By Elizabeth Flood • Sept. 29, 2022