Global Payments taps insider, former BofA exec, as next CFO

Josh Whipple, a former investment banker, is taking the finance reins as the company has indicated it expects to return to M&A as "valuations reset," according to a Baird Equity Research report.  

By Maura Webber Sadovi • June 3, 2022

Manufacturers shift tactics to stay ahead of ingredient, edible oil turmoil

CFOs grappling with supply chain friction can learn from food companies that have had to stay flexible as war, weather and export bans pressure ingredient supplies.

By Samantha Oller • June 3, 2022

Explore the Trendline➔

Digital transformation, one smart step at a time

As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

By CFO Dive staff

Repay CFO uses 5% raises, retention packages to win workers

While some payments players have pared jobs, Repay CFO Timothy Murphy plans to continue hiring and said there's been "no slow down in growth for our core markets."

By Maura Webber Sadovi • June 2, 2022

Stanley Black & Decker CFO makes jump to CEO seat

Stanley Black & Decker CFO Donald Allan, Jr. will take over as CEO next month, following a surge in internal promotions of CFOs to CEO chairs at Fortune and S&P 500 companies.

By Grace Noto • June 1, 2022

New INX CFO urges crypto-mainstream compatibility

The company's launch last year of the the first digital security token to be registered with the Securities and Exchange Commission serves as a blueprint for other companies that may be looking to raise capital from alternative assets.

By Grace Noto • May 31, 2022

WeWork taps former NCR, GE exec as latest CFO

WeWork's C-suite has been grappling with a revolving CFO door: Andre Fernandez is its third finance chief since March 2020.

By Grace Noto • May 27, 2022

Bank of America boosts minimum wage to $22 per hour

The pay raise comes as financial executives across industries are strategizing over how to hold on to employees in one of the tightest labor markets in decades. 

By Robin Bradley • May 25, 2022

How one CFO used ERP to tackle COVID-19 testing

Updating Impact Health’s manual finance systems as demand for testing soared felt like “building a 747 in the air,” CFO Jennifer Herdler said.

By Maura Webber Sadovi • May 25, 2022

Moderna's CFO says scaling, hiring are constraints

David Meline, who joined Moderna as CFO in June 2020, was brought back within the week of his retirement earlier this month to replace the ousted Jorge Gomez.

By Maura Webber Sadovi • May 23, 2022

5 ways CFOs can mitigate retention issues to keep the great resignation at bay

Are CFOs stuck between a rock and a hard place regarding retention? Maybe not. Read five ways to help.

May 23, 2022

Clorox sheds suppliers as COVID-19 inches toward 'endemic phase'

“As that supply chain starts to level out, and we’re able to step out of some of those relationships with material suppliers, that also should reduce our cost,” Clorox CFO Kevin Jacobsen said on the company's third-quarter earnings call.

By Colin Campbell • May 20, 2022

How employers can help struggling hybrid workers

Employers can't just take one approach toward this issue but there are a number of ways to adjust old structures to new work realities.

By Ryan Golden • May 20, 2022

Half of companies didn't meet hiring goals last year: survey

Hiring may actually be harder for employers who are fully remote, the survey said.

By Kathryn Moody • May 19, 2022

Moderna may seek to claw back payments to ex-CFO

The vaccine-maker Moderna said it has the right to recoup any and all payments to ex-CFO Jorge Gomez if the company determines he engaged in any wrongdoing, according to an amended SEC filing Friday. An earlier filing said he would be provided a 12-month salary totaling $700,000 under a severance agreement.

By Maura Webber Sadovi • May 17, 2022

Wells Fargo taps wealth, investment management CFO to head advisory unit

The firm selected Sol Gindi, its CFO for wealth and investment management and former C-suite executive for JPMorgan's wealth management and consumer banking businesses, to replace Jim Hays as the head of Wells Fargo Advisors.

By Robin Bradley • May 17, 2022

Will Twitter CFO keep role in Musk-led scenario?

While Parag Agrawal referred to himself as a "lame-duck" CEO last week, the jury is still out as to whether Twitter finance chief Ned Segal will stay on if Elon Musk's deal to buy the social media giant closes.

By Maura Webber Sadovi • May 16, 2022

Wayfair CPO shifts to CFO, chief administrative officer role

HR pros, who often have strong leadership skills and high emotional intelligence, can be model candidates for C-suite roles, according to one executive search firm.

By Kate Tornone • May 16, 2022

4 reasons CFOs should lead the charge on the great resignation

Talent retention isn't just an HR problem, CFOs can have a huge impact as well. Read four reasons why.

May 16, 2022

Lessons from the M&A front lines

Early in the deal-making process CFOs should think big and prioritize but they also need to consider steps for setting the tone after the ink dries.

By David Roberson • May 13, 2022

Moderna CFO exits abruptly amid probe at former company

Jorge Gomez's departure came just one day after he took the reins as CFO of Moderna, which has become a household name due to the rapid development and success of its coronavirus vaccine. 

By Maura Webber Sadovi • May 11, 2022

Chipotle CFO doesn't rule out more food inflation despite pause

Finance chief Jack Hartung said the restaurant chain has raised prices by a total of about 10% for the 12 months through the first quarter compared to 2% in a typical year.

By Maura Webber Sadovi • May 10, 2022

With SEC's proposed climate rules, CFOs should listen to investors

A stakeholder-influenced materiality assessment will help business leaders comply with the SEC's proposed disclosure rules and focus their sustainability efforts.

By Donavan Hornsby • May 9, 2022

Judge dismisses class action against Wells Fargo, former CEO, ex-CFO

Investors led by a retirement fund for Hawaii state employees failed to prove the bank unjustifiably inflated loans, understated loss reserves or misstated its practices, a judge ruled Friday.

By Robin Bradley • May 9, 2022

Appointment of women to Fortune 500 boards hits record high

Boards have made strides toward greater diversity but still do not sufficiently represent some racial and ethnic groups, Heidrick & Struggles said.

By Jim Tyson • May 6, 2022

Skanska posts 21% dip in Q1 profits as CFO cites inflation

Skanska CFO Magnus Persson, while citing a drag from inflation, identifies infrastructure spending as a future bright spot.

By Zachary Phillips • May 6, 2022