Leadership: Page 70
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Doximity CFO to tap IPO capital for product-led growth
Although virtual medical consultations generate attention, a doctor referral network provides most of the company’s revenue.
By Robert Freedman • June 24, 2021 -
Alphabet CFO supports higher taxes, global minimum tax
The intent behind paying more taxes, Ruth Porat believes, is to deliver on a vitally needed infrastructure program, which Google is committed to supporting.
By Jane Thier • June 24, 2021 -
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 -
Federated approach touted as best for digital transformation
Let IT build a centralized automation platform while operational teams build the specialized processes that link into it, an integration specialist says.
By Robert Freedman • June 23, 2021 -
Deep Dive
A nonprofit CFO's guide to navigating a downturn
Tasked with balancing mission and sustaining revenue, CFOs have relied on difficult decisions and quick thinking to keep their nonprofit organizations afloat.
By Jane Thier • June 23, 2021 -
M&A will be hard to derail this year, specialists say
Well-capitalized companies, private equity firms and SPACs are expected to drive robust mergers and acquisitions even if the central bank tries to cool markets.
By Ted Knutson • June 22, 2021 -
Norwegian Air fires CEO, replaces with CFO
The Oslo, Norway-based carrier has promoted Geir Karlsen, who is credited with helping the company avoid bankruptcy during the pandemic.
By Jane Thier • June 21, 2021 -
Preparing for extended CFO absence
Finance leaders should think about whether the business is in a status quo cycle or preparing for a strategic move when deciding who to bring in to manage finance and accounting.
By Ted Knutson • June 21, 2021 -
Opinion
Using flexible pricing models to keep transformation projects on track
CFOs that work with their technology providers on payment arrangements can help accelerate their organization's post-pandemic recovery.
By Sameer Bhagwat and Raakesh Boyapati • June 18, 2021 -
CFO on how he learned from hiring, valuation mistakes
Finance leader Ian Charles is learning from his mistakes as he starts job at logistics software company Flexe.
By Robert Freedman • June 17, 2021 -
Former SEC chief accountant joins real estate investment platform as CFO
Alison Staloch, former chief accountant at the SEC's investment management division, was named CFO at direct-to-investor real estate investment platform Fundrise.
By Jane Thier • June 17, 2021 -
Goldman's Marcus finds its next CFO within
Liz Ewing, who most recently served as chief of staff for Goldman CFO Stephen Scherr, joined the bank in 2011 and has co-managed its regulatory policy team.
By Dan Ennis • June 16, 2021 -
ESG reporting
Transition bonds find a footing as companies eye ESG growth
The instrument gives CFOs a tool for financing their company’s shift to operations reflective of environmental, social and governance goals.
By Ted Knutson • June 16, 2021 -
CFOs rethinking cost savings of just-in-time supply chains
Pandemic-related disruptions made it clear a broader strategic approach is needed even once the supply and demand equilibrium is restored.
By Ted Knutson • June 15, 2021 -
CEO, CFO of electric truck maker Lordstown resign; misleading demand alleged
The company’s pre-order demand for its product is called questionable, and it needs more money to begin production by the fall.
By Robert Freedman • June 14, 2021 -
GameStop taps Amazon execs to replace CEO, CFO
With Matt Furlong as CEO and Mike Recupero as CFO, the company intends to restore strength and home in on digital sales.
By Jane Thier • June 10, 2021 -
Shake Shack taps Goldman Sachs analyst as new CFO
Katherine Fogertey will take the reins at the publicly listed fast casual chain on June 14, 2021.
By Jane Thier • June 9, 2021 -
Following its latest spinoff's IPO, IAC's CFO to depart
Glenn Schiffman is leaving the New York-based internet conglomerate after five years; InterActiveCorp has commenced a search for his successor.
By Jane Thier • June 9, 2021 -
Opinion
3 strategies to create a cash culture
An estimated $2.5 trillion is tied up in working capital at companies across Europe and the United States. Freeing up that cash could help CFOs reach strategic capital allocation goals.
By Peter Kingma • June 9, 2021 -
TreeHouse CFO transitioned processes for top line growth
In a key move, senior finance staff were embedded in business divisions but held accountable for performance in finance.
By Robert Freedman • June 8, 2021 -
AT&T, Estée Lauder, Salesforce CFOs on which pandemic changes to keep
Employees will return to the office, but CFOs want to retain the past year's cost-saving changes, panelists said this week at the Wall Street Journal’s CFO Network Summit.
By Jane Thier • June 8, 2021 -
Months after taking Poshmark public, CFO to depart
Anan Kashyap, who will remain with the online clothing reseller as an advisor through year's end, has spent his career in e-commerce, and was behind the IPOs of GrubHub and KAYAK.
By Jane Thier • June 7, 2021 -
Alexion, AstraZeneca executives switch roles amid $39B buyout
Marc Dunoyer, the U.K. drugmaker's longtime CFO, will move over to a strategy role and run Alexion as a rare disease unit within AstraZeneca.
By Jonathan Gardner • June 4, 2021 -
Amazon exec named Beyond Meat CFO
Phil Hardin will take the reins from Mark Nelson, who oversaw the plant-based company's record-breaking 2019 IPO, in July 2021.
By Jane Thier • June 4, 2021 -
Tillamook names new CFO
Veteran finance leader Peggy Han joined the Oregon-based dairy cooperative, made up of about 80 farmer-owners, on June 1.
By Jane Thier • June 3, 2021 -
Opinion
CFOs' essential role in promoting employee mental health
For professional accountants, mental health issues heighten the risk of not identifying errors in financial reports or spotting indicators of fraud.
By Russell Guthrie • June 1, 2021