Leadership: Page 67
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Former Aetna exec becomes CVS CFO
Shawn Guertin was expected to become CVS CFO after Aetna’s 2018 acquisition, but he declined, citing personal and family reasons.
By Jane Thier • May 18, 2021 -
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A meeting of the minds: The evolving CMO-CFO relationship
Thanks to changes in technology, chief marketing officers are getting better at understanding the metrics behind their strategies and CFOs are using marketing analytics to deepen their business insights.
By Ramona Dzinkowski • May 18, 2021 -
Explore the Trendline➔
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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 -
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JetBlue CFO to depart for eBay
Treasury and investor relations head Ursula Hurley will fill the CFO role on an interim basis following Steven Priest's departure on June 11.
By Jane Thier • May 17, 2021 -
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Goldman Sachs's consumer-bank CFO is leaving for JPMorgan
Marcus has seen a raft of top-level employees flee this year amid an aggressive product rollout schedule. Notably, it lost two top executives to Walmart's fintech startup. Its head of product also will join Chase this summer.
By Dan Ennis • May 17, 2021 -
Drew Angerer via Getty Images
Trump CFO probe continues with school tuition subpoena
The subpoena seeks information regarding tuition payments to Columbia Grammar & Preparatory School, where Trump Organization CFO Allen Weisselberg’s grandchildren are enrolled.
By Jane Thier • May 14, 2021 -
Justin Sullivan via Getty Images
CFO of Alphabet's self-driving unit Waymo departs
Gerard Dwyer is one of several executives, including CEO John Krafcik, to leave Alphabet’s self-driving and autonomous vehicles unit in recent months.
By Jane Thier • May 13, 2021 -
Getty
Bankers' main CFO gripe: lack of transparency
CFOs and their treasurers can get more from their banking relationships if they treat them more as partnerships than customer-seller transactions, banking specialists say.
By Ted Knutson • May 13, 2021 -
Courtesy of IHOP
Following first quarter rebound, Applebee's, IHOP parent hires new CFO
On June 14, Vance Chang will replace Dine Brand's corporate controller and interim CFO Allison Hall, who is moving into the chief accounting officer role.
By Jane Thier • May 12, 2021 -
Dan Kitwood via Getty Images
Bridgewater CFO steps in at Bitcoin firm NYDIG
Before moving to the Bitcoin investments and tech solutions provider, John Dalby will remain with the world's largest hedge fund through the end of the second quarter.
By Jane Thier • May 10, 2021 -
Drew Angerer via Getty Images
Twitter CFO playing key role in carrying Trump ban message
Ned Segal has been a point person on the sensitive topic of the former president's status on the micro-blogging site.
By Jane Thier • May 6, 2021 -
Zig Zag CFO ready to capitalize on cannabis
After weathering a tough period, Turning Point Brands has the resources to become a major presence as legalization expands across the country.
By Robert Freedman • May 5, 2021 -
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Amid SEC lawsuit, cryptocurrency startup Ripple hires new CFO
In December, the Securities and Exchange Commission charged Ripple, co-founder Christian Larsen and CEO Brad Garlinghouse with conducting an illegal securities offering that allegedly raised more than $1.3 billion through XRP sales.
By Jane Thier • May 5, 2021 -
Getty
How CFOs and CEOs collaborate best
Both executives want strong performance, but the CEO often focuses on opportunities and potential, while the CFO emphasizes realism and honest risk assessment. How should they strike a balance?
By Jane Thier • May 4, 2021 -
Alex Wong via Getty Images
Leveraging cash flow's multiplier effect on valuation
Most finance tools are optimized for GAAP but they can be made more effective for increasing company value by enabling better cash management, finance leaders say.
By Robert Freedman • May 3, 2021 -
Retrieved from TikTok on March 18, 2021
ByteDance CFO adds TikTok CEO title
Shou Zi Chew had been CFO of TikTok's parent company for just over a month before announcing he'd be taking the reins as TikTok's chief executive.
By Jane Thier • May 3, 2021 -
Courtesy of Compass
Compass CFO: Residential real estate is 'dying to be disrupted'
Compass, which went public on April 1, is in a period of hyper growth, Kristen Ankerbrandt told CFO Dive, "so [the executive team] needs to move quickly but thoughtfully."
By Jane Thier • April 29, 2021 -
Maddie Meyer/Getty via Getty Images
Harvard CFO predicts second consecutive year of falling revenue
“It’s highly likely we’ll have two years in a row of declining revenues,” Thomas Hollister told The Crimson Tuesday; it would be a first-time event for the school since The Great Depression.
By Jane Thier • April 28, 2021 -
Industry Dive/CFO Dive, data from Industry Dive
Financial crisis tested CFO's management lessons
The mortgage meltdown was trial by fire for a finance leader whose only experience to that point was public auditing.
By Robert Freedman • April 26, 2021 -
Courtesy of Chipotle
After bombshell quarter, Chipotle's CFO focuses on sustainability
Amid discussions of carbon neutrality, a $15 federal minimum wage and a quickly evolving fast casual landscape, Jack Hartung says the chain remains committed to its employees and agricultural partners.
By Jane Thier • April 23, 2021 -
Drew Angerer via Getty Images
Twitter CFO: Don't let strategy drown out operations
Technology will take over more functions, but finance should stay close to the numbers, Ned Segal said.
By Robert Freedman • April 22, 2021 -
Courtesy of Repay website
REPAY's 2019 SPAC deal enabled leadership to control own destiny
The digital payments company's IPO merger generated a lucrative exit for investors, CFO Tim Murphy said.
By Robert Freedman • April 21, 2021 -
Stephen Brashear/Getty via Getty Images
Boeing CFO, once considered on deck for CEO, to retire
Greg Smith has been with the aerospace company for more than 30 years and briefly served as interim CEO before David Calhoun took the reins in January 2020.
By Jane Thier • April 20, 2021 -
Courtesy of Blaze Pizza
New Blaze Pizza CFO: 'We all have to assume the world will get back to normal'
Brad Reynolds left the ghost kitchen industry for fast-casual, a beleaguered restaurant segment he believes is poised for a comeback, he told CFO Dive.
By Jane Thier • April 16, 2021 -
Courtesy of Wells Fargo multimedia resources
Wells Fargo CFO: consumers 'clearly in good shape'
The bank sees improvement in home lending, investment banking and wealth management, among other business lines, CFO Michael Santomassimo said after reporting 661% year-over-year net income growth.
By Jane Thier • April 15, 2021 -
Courtesy of Novavax
Novavax CFO steps down after 5 months
Greg Covino will be leaving the CFO role at a critical point for the vaccine manufacturer, which last week announced it would be expanding clinical trials of its COVID-19 vaccine candidate to include children and teens.
By Jane Thier • April 14, 2021
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