Shifting retirement plan climate calls for CFO attention: WTW

As resources to fund retirement plans are expected to grow scarcer next year, companies must be nimble and share a clear vision when shaping retirement plan offerings.

By Elizabeth Flood • Dec. 20, 2022

CFOs log shortest tenure in C-suite: study

CFOs have the shortest tenures of their fellow C-suiters, a recent study found, with turnover set to expand as financial leaders face persistent headwinds.

By Grace Noto • Dec. 20, 2022

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

CFOs cast wider nets for currency hedges

Companies have traditionally relied on such hedging instruments as forward currency contracts, options and swaps. Now many are looking beyond the tried and true.

By Ramona Dzinskowski • Dec. 20, 2022

Recession could introduce ‘big unknown’ to CFOs’ tax outlook

So long as the U.S. economy averts a deep recession, KPMG’s Greg Engel says financial executives can likely expect a steadier tax climate and no major new tax laws to 2023.

By Maura Webber Sadovi • Dec. 19, 2022

Goodyear promotes VP to CFO among leadership changes

Christina Zamarro, a 15-year veteran of Goodyear, takes the financial helm in 2023.

By Elizabeth Flood • Dec. 19, 2022

Sysco CFO takes financial helm for Cardinal Health

Sysco and Target alum Aaron Alt will take on the CFO seat for Cardinal Health in a move that follows a few months after Jason Hollar, Cardinal’s former CFO, was promoted to CEO.  

By Grace Noto • Dec. 19, 2022

ESG: 9 actions CFOs and finance leaders can take today

In 75% of organizations, the finance team has taken on ESG risks and issues. CFOs should take a prominent role in tracking, reporting and improving performance against their company’s ESG goals.

Dec. 19, 2022

PwC tackles blockchain’s carbon footprint

A standardized method to evaluate the carbon footprint of blockchain initiatives could help CFOs meet sustainability targets.

By Suman Bhattacharyya • Dec. 16, 2022

‘Bleisure’ travel pays off in ROI

Combining business and leisure travel may lead to employee retention, according to Hilton executives.

By Elizabeth Flood • Dec. 16, 2022

CFOs see their firms’ prospects darken in 4Q: Deloitte

CFO pessimism around their own companies’ financial prospects touched a level not seen since the height of the pandemic, a Deloitte survey found.

By Grace Noto • Dec. 16, 2022

Changes make it easier for SEC to go after insider trading

Executives and officers will be in a much tighter box when it comes to when they can trade in their company stock under modified 10b5-1 rules.

By Robert Freedman • Dec. 16, 2022

New CFO shares first-timer tactics

Jeremy Klaperman advises new CFOs to establish a wide range of connections and to seek potential over knowledge when hiring talent.

By Elizabeth Flood • Dec. 15, 2022

PCAOB gains breakthrough access to Chinese audit firms

The PCAOB’s push for more transparency in China-based companies will enable CFOs and auditors who heavily rely on Chinese firms to better understand their partners’ operations.   

By Maura Webber Sadovi • Dec. 15, 2022

M&T hires ex-Truist CFO Bible

Truist CFO Daryl Bible, who played a critical role during the BB&T-SunTrust merger, will join M&T bank as it consolidates its tie-up with People’s United.

By Dan Ennis • Dec. 15, 2022

Trump case spells benefits’ tax perils

Underreporting “fringe benefits” has long been on the IRS’ radar but there appears to be a shift toward holding companies more accountable for tax reporting.

By Maura Webber Sadovi • Dec. 14, 2022

New York Times CFO to retire in 2023

The New York-based national news company says farewell to Roland Caputo as he plans to retire after 36 years.

By Elizabeth Flood • Dec. 14, 2022

American Airlines promotes insider to CFO

The Fort Worth, Texas-based company’s new finance chief appointment marks the latest in a series of end-of-year executive swaps by companies in multiple industries.

By Grace Noto • Dec. 13, 2022

DOJ, SEC charge Sam Bankman-Fried with defrauding investors

Former FTX CEO Sam Bankman-Fried was arrested Monday night in the Bahamas and charged Tuesday with eight criminal counts including wire fraud.

By Gabrielle Saulsbery • Dec. 13, 2022

Del Monte Foods picks Campbell alum as CFO

The Campbell Soup alum will take Del Monte Foods’ finance helm after the company said it has sought to combat inflation by raising prices and cutting costs.

By Maura Webber Sadovi • Dec. 12, 2022

Newell nabs new CFO, shuffles C-suite

Cerner and Procter & Gamble alum Mark Erceg will take on the financial helm for the company. He succeeds Chris Peterson who will remain with the company as president.

By Grace Noto • Dec. 12, 2022

Tyson Foods backs CFO after reviewing arrest

The meat processing giant’s pick of John R. Tyson — the great grandson of the company’s founder — has drawn skepticism from some board governance experts.

By Elizabeth Flood • Dec. 9, 2022

Krispy Kreme taps Mars alum as CFO

The new finance chief is taking the helm as the the Charlotte, N.C.-based doughtnut maker is expanding abroad. It has announced a joint venture to enter France in 2023.

By Maura Webber Sadovi • Dec. 9, 2022

3 reforms for the post-FTX crypto era

FTX’s collapse underscores the highly-centralized crypto market’s risks and blockchain’s importance as a defense against bad actors, Metallicus' CFO argues.

By Irina Berkon • Dec. 9, 2022

US could skirt recession, former Fed economist says

Inflation and economic uncertainty top business leaders’ worries, but easing supply chain pressures and a strong labor market could help the U.S. avoid a recession.

By Grace Noto • Dec. 8, 2022

Behind the snark, counsel for laid-off Twitter staff promises Musk a rough ride

A clause saying ex-employees aren’t third-party beneficiaries of the merger agreement won’t hold up if challenged in court, attorney Akiva Cohen says.

By Robert Freedman • Dec. 8, 2022