Leadership: Page 67

  • A Beyond Meat double cheeseburger with a toothpick flag of the company's logo sits on a counter.
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    Courtesy of Beyond Meat
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    Beyond Meat CFO plans turnaround as revenue falls

    The maker of plant-based meat reported a 15.7% year-over-year revenue drop as inflation and shrinking demand weighs heavily on the sector.

    By • May 11, 2023
  • Nordstrom Rack, at Codding Town, Bend, Oregon
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    Daphne Howland/CFO Dive
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    Former Target CFO heads to Nordstrom

    Cathy Smith, most recently chief financial officer at Bright Health Group, is taking the job left open by Anne Bramman last year.

    By Daphne Howland • May 11, 2023
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    Trendline

    CFO best practices in the evolving generative AI era

    As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.

    By CFO Dive staff
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    Spencer Platt via Getty Images
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    Burying bad 8-K news raises red flags

    Researchers assert some companies “strategically” divert investor attention from negative SEC filings by issuing concurrent press releases on unrelated matters.

    By • May 10, 2023
  • Front of building with a sign that says "Barclays."
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    The image by Gareth Milner is licensed under CC BY-SA 2.0
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    Barclays veteran named Tellurian CFO

    The appointment of investment banker Simon Oxley comes at a “pivotal time” for Tellurian, as the energy company looks to fund a proposed natural gas export facility in Louisiana, according to its CEO.

    By • May 10, 2023
  • Hooded person types on computer in a dark room with multiple monitors and cables everywhere.
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    Ransomware claims jump back up

    Ransomware claims filed by U.S. clients of insurance broker Marsh spiked 77% in the first quarter, following a downward trend in 2022.

    By • May 9, 2023
  • A customer service or call center employee sits at a desk while using a laptop, headset with microphone and monitor.
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    Companies to reimagine workflow: survey

    Only about one in three companies polled in a WTW survey gave themselves good marks for effectively managing changes in work dynamics such as digitalization.

    By Elizabeth Flood • May 9, 2023
  • People enter and exit UBS Bank in NYC.
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    Chris Hondros via Getty Images
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    Körner to stay on with UBS following Credit Suisse acquisition

    A leadership shuffle also has Todd Tuckner, CFO of UBS’ global wealth management arm, taking on the role of group CFO. Tuckner will replace Sarah Youngwood, who is leaving the company.

    By Gabrielle Saulsbery • May 9, 2023
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    Driven Brands CFO abruptly exits

    Three-year company veteran Tiffany Mason abruptly departed the automotive services company last week, with former Cardtronics CFO Gary W. Ferrera to step into the newly vacant CFO seat.

    By • May 9, 2023
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    FP&A tech provider Firmbase closes $12M seed round

    The infusion of cash is expected to boost R&D investments for the company’s financial planning and analysis tool, including in the area of generative AI.

    By • May 9, 2023
  • Group of business people are having a business meeting in a meeting room in a modern office working space.
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    Entrepreneurial mindset drives growth: ex-Poshmark CFO

    When it comes to growing a business of any kind, thinking like a founder is key, regardless if you are one or not, former Poshmark CFO Kapil Agrawal said.

    By Elizabeth Flood • May 8, 2023
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    Making the CFO-to-CEO leap: Velocity Global

    Being inquisitive about the broader business and “not necessarily going in as a CFO all the time” can help finance leaders make the jump to the CEO chair, said Frank Calderoni, CEO of Velocity Global.

    By • May 8, 2023
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    Q&A

    Vendavo CFO: how to solve price puzzles

    Vendavo’s Dayton Kellenberger said technology has accelerated how quickly price-volume-mix analyses can be completed, enabling CFOs to make adjustments in real-time.

    By • May 8, 2023
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    Apple CFO touts record service revenue as sales decline

    Among Apple’s services offerings, growth areas include Apple Card, Apple Pay and cloud services.

    By • May 5, 2023
  • First Republic Bank logo
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    Spencer Platt via Getty Images
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    CFOs brace for tighter times as credit dries up

    As difficult as the financing environment is right now, Wolters Kluwer’s Jeroen Van Doorsselaere predicts “a real credit crunch” developing in the second half of 2023.

    By Chris Gaetano • May 5, 2023
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    Bean CEO wants to bring flexibility, creativity to accounting

    To solve the accounting shortage, Bean CEO Anees Pretorius asserts the industry must provide talented professionals with the tools and flexibility they need to do better work more quickly — and to make it more delightful.

    By • May 5, 2023
  • Person riding a Peloton bike
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    Courtesy of Peloton
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    Peloton predicts cash flow pressure after $75M Dish settlement

    The cost of the patent settlement, plus related expenses, is expected to “significantly pressure” Peloton’s free cash flow for its fiscal fourth quarter.

    By • May 4, 2023
  • People stand outside a closed bank branch.
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    Justin Sullivan via Getty Images
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    SVB’s fate shines spotlight on company culture

    SVB lost a number of employees following its acquisition by First Citizens. Some M&A targets may not be the best fits.

    By Elizabeth Flood • May 4, 2023
  • Kamala Harris speaking alongside President Biden at a podium
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    White House tackles AI’s rise, convening top tech CEOs

    Vice President Kamala Harris met with top AI executives Thursday, the latest sign of increased regulatory interest over AI products and services. 

    By Roberto Torres • May 4, 2023
  • RS Group warehouse
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    Courtesy of RS Group
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    RS Group CFO resigns over relationship with colleague

    A month following a C-suite shakeup, RS Group’s CFO is resigning due to a relationship with an employee.

    By Elizabeth Flood • May 3, 2023
  • The Tesla gigafactory in Nevada.
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    Courtesy of Tesla
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    Tesla details its supply chain emissions for the first time

    The EV maker released an estimate of its Scope 3 footprint, while also delving into its efforts to source minerals responsibly. 

    By Ben Unglesbee • May 3, 2023
  • Photo of a Guess store
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    The image by Phillip Pessar is licensed under CC BY 2.0
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    Guess taps Hugo Boss alum for CFO seat

    The appointment of Markus Neubrand, a former CFO of Hugo Boss Americas, follows a “rigorous” search process, Guess CEO Carlos Alberini said.

    By • May 3, 2023
  • Chatbot conversation. Person using online customer service with chat bot to get support. Artificial intelligence and CRM software automation technology. Virtual assistant on internet.
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    Vertice reports spike in AI software spending

    AI’s share of overall software spending across the Vertice network grew to 1% by the end of March, up from 0.2% at the start of the year, a five-fold increase.

    By • May 2, 2023
  • View of women getting a massage with massage gun
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    Therabody swipes second Atkins alum as CFO

    The Theragun maker is continuing its C-suite transformation with a new CFO as it looks to push forward into the broader, everyday health and wellness space.

    By • May 2, 2023
  • Qantas plane
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    Scott Barbour via Getty Images
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    Qantas CFO named company’s first ever woman CEO

    Australian airline company has promoted finance chief Vanessa Hudson, a 28-year company veteran, to CEO. 

    By Elizabeth Flood • May 2, 2023
  • The words, "ChatGPT" appear on a multicolored background
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    Bid for business-friendly ChatGPT seen facing challenges

    Cybersecurity experts say it may be a long while before ChatGPT can be trusted to handle sensitive business data, despite recent steps by the popular AI tool’s creator.

    By • May 2, 2023