Walmart bets on digital retail future, CFO says

The retail giant is focusing on in-store technology and logistics improvements and positioning stores as distribution points for online shopping.

By Suman Bhattacharyya • March 9, 2023

CFO base pay raises outpace CEOs’

Finance chiefs edged out top executives for salary increases on average, though CEOs saw higher gains in total compensation.

By Grace Noto • March 9, 2023

Explore the 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

Allstate focused on profitability first, growth second

CFO Jess Merten outlined the company’s strategy as its largest competitors take an opposite approach.

By Elizabeth Flood • March 9, 2023

PayPal CFO hits the exit

PayPal CFO Blake Jorgensen, who has been on a medical leave since September, left his role Tuesday.

By Lynne Marek • March 8, 2023

CrowdStrike revenue soars amid high cyber demand

The cybersecurity company reported record financial results in spite of macroeconomic headwinds.

By Alexei Alexis • March 8, 2023

Stitch Fix CFO to exit as declines persist

Dan Jedda, who came from Amazon about two years ago, in May will become chief financial officer at Roku, as the box e-retailer continues its CEO search.

By Daphne Howland • March 8, 2023

Expedia alum takes Sonder CFO seat

The hospitality platform announced a new finance chief as it looks to reach positive quarterly cash flow in 2023 while facing a murky economic environment.  

By Grace Noto • March 7, 2023

Scotts still targeting cannabis sector, CFO says

The over 150-year-old company — better known for its lawn and garden products — has become one of the biggest players in the emerging cannabis market.

By Maura Webber Sadovi • March 7, 2023

Bank, finance leaders brace for rate volatility

The majority of leaders at financial institutions say interest rates will drive business model guidance this year but few are leveraging financial data to support these changes.

By Elizabeth Flood • March 7, 2023

Paymentus picks ex-TiVo exec for CFO

The electronic billing and payment company’s CFO hire comes less than a month after it handed a change in control and severance agreement to its then interim CFO.

By Maura Webber Sadovi • March 6, 2023

Generative AI a ‘game-changer’ but businesses are worried about the ethics

Most executives plan to prioritize generative AI over the next year and a half, Salesforce research shows.

By Roberto Torres • March 6, 2023

Software firm Ramp closes $5M seed round

The funding will help with hiring additional staff and onboarding new clients, the company’s CEO told CFO Dive.

By Alexei Alexis • March 6, 2023

Sallie Mae CFO enters retention plan

The private student loan provider is on the hunt for a new CFO as the Biden administration’s forgiveness program is on hold.

By Elizabeth Flood • March 6, 2023

CFO takeaways from Biden cyber plan

The Biden administration’s new 35-page report, released last week, calls for increased regulation and warns that some U.S. companies are not doing enough to respond to escalating cyber threats.

By Alexei Alexis • March 6, 2023

Pay plan rejections hit record high

Last year the rejections of Russell 3000 Index companies’ pay packages hit the highest annual level since the non-binding say-on-pay votes became mandatory in 2011.

By Maura Webber Sadovi • March 3, 2023

Verizon CFO set to exit amid reshuffling

The coming departure and replacement of the telecom company’s CFO is one part of a broader reshuffling within its leadership ranks.

By Alexei Alexis • March 3, 2023

Dell taps insider for CFO, issues cautious 2023 outlook

Dell’s corporate controller will take the CFO reins as the company faces waning PC demand and other economic headwinds.

By Grace Noto • March 3, 2023

Auto insurer Root fires CFO

The Columbus, Ohio-based insurer Root, which has a history of net losses, partnered with online used-car retailer Carvana in 2021. 

By Maura Webber Sadovi • March 2, 2023

CFOs struggle to move past ‘transactional’ responsibilities

CFOs are ready to drive innovation at their organizations, but it may be hard for them to shake off the role of the nay-saying finance leader, according to a recent study.

By Grace Noto • March 2, 2023

Unlocking the ‘right’ combination to digital transformation

Only 34% of large companies showed signs of being strategic about their technology investments in financial disclosures, according to a recent report from Deloitte.

By Elizabeth Flood • March 2, 2023

Doth Buffett protest GAAP too much?

Warren Buffett — CEO of Berkshire Hathaway and one of the world’s most renowned investors — didn’t disappoint fans of his folksy, acerbic writing in his latest shareholder letter. 

By Maura Webber Sadovi • March 1, 2023

Crypto firm Algorand appoints first CFO

The new CFO said one of his first priorities will be to help identify strategic growth areas with the leadership team.

By Alexei Alexis • March 1, 2023

Accounting talent crunch persists

As accountants and CPAs increasingly battle with burnout, the pool of talent for the industry is getting smaller.

By Elizabeth Flood • March 1, 2023

Zoom predicts growth while watching macro headwinds

Economic uncertainty remains a risk for the company “at least through the rest of this year,” its CFO said.

By Alexei Alexis • Feb. 28, 2023

Walgreens shrinks headquarters, cites hybrid work

Many CFOs are cutting costs by shrinking their real estate footprint as they adjust to changing needs of their hybrid workforces.

By Maura Webber Sadovi • Feb. 28, 2023