Leadership: Page 72
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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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
Opinion
Despite gains in hard-hit sectors, be realistic on valuations
The outlook across sectors is better than expected, but forecasts must be achievable.
By Brian Garfield • April 14, 2021 -
CFO hit home run as Mets assistant controller
Rebecca Mahadeva is bringing to the healthcare advertising industry the same accounting efficiencies she brought to the storied New York ball club.
By Robert Freedman • April 13, 2021 -
Raytheon CFO abruptly departs
The defense contractor's VP of FP&A, Neil Mitchill, replaced Anthony O’Brien, its CFO since 2015, on April 7.
By Jane Thier • April 12, 2021 -
Risky career moves helped CFO land top seat
Kevin Ingram leveraged operational roles to prepare him for finance leadership at commercial property insurer FM Global.
By Robert Freedman • April 9, 2021 -
Former Vrbo CFO on moving from vacation space to wellness
Trent York, who worked on Vrbo's IPO and later sale to Expedia, is now leading finance at Restore Hyper Wellness, which provides cryotherapy and infrared saunas, among other holistic wellness services.
By Jane Thier • April 9, 2021 -
Model discounts into pricing, SaaS specialist says
Rather than leave discounting to a sales rep’s discretion, calculate strategically and offer transparent pricing, SaaStr founder Jason Lemkin says.
By Robert Freedman • April 8, 2021 -
Charles Schwab Bank CFO moves to IPG Mediabrands
Marlene Pelage replaces CFO Guy Beach, who becomes global president at the media and marketing solutions division of ad giant Interpublic Group.
By Jane Thier • April 8, 2021 -
Coinbase's direct IPO could be hard act to follow
High name recognition and strong investor interest are needed to go public when there’s no big underwriter or a road show to generate excitement, a capital raise specialist says.
By Robert Freedman • April 7, 2021 -
Ahead of logistics business spinoff, XPO taps new CFO
The supply chain giant with clients including Nestlé, IKEA and Boeing on Tuesday named Baris Oran CFO of its soon-to-be spinoff company, GXO Logistics.
By Jane Thier • April 7, 2021 -
At logistics company Transfix, former WeWork CFO is prioritizing balance
The most important thing for a high-growth company is to balance long-term aspirations with the day-to-day work, Christian Lee told CFO Dive.
By Jane Thier • April 6, 2021 -
New SaaS CFO to focus on deal pricing
Enterprise search technology company Sinequa is sitting on cash, freeing up finance chief Mark Williams to focus on growth, metrics, and deal support.
By Robert Freedman • April 6, 2021 -
SEC accounting chief cautions on SPAC rush
The newly popular IPO alternative is often completed in months, a short time frame that can make public compliance rules hard to meet, a top federal official says.
By Robert Freedman • April 5, 2021 -
More companies using hybrid auction in lieu of traditional IPO
The process can lead to more market-based initial pricing while giving companies control over share allocations.
By Robert Freedman • March 31, 2021 -
Private company CFOs excited about, but wary of, SPACs
Grant Thornton's quarterly CFO survey also finds CFOs prioritizing investments in ESG, diversity and tech.
By Jane Thier • March 31, 2021 -
Companies said to need deeper data dives to improve metrics
Data lakes contain much more information than CFOs typically use to track performance, data specialists say.
By Robert Freedman • March 30, 2021