Earnings Roundup: Automakers confront clogged supply chains, recession fears

CFOs from GM, Rivian and Uber indicate positive trends for the second half of the year despite facing lingering supply chain challenges as recession looms.

By Grace Noto • Aug. 29, 2022

Rise of female CFOs outpaces slowing diversity gains

Women comprised 16% of big company CFOs while Black, Latino and Asian executives held 10.9% of the top finance seats as of July 31, a study found. 

By Maura Webber Sadovi • Aug. 29, 2022

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Navigating risk in turbulent times

CFOs must help their organizations mitigate risks by balancing the need for both growth and stability. 

By CFO Dive staff

3 takeaways from Fed Chair Jerome Powell’s Jackson Hole speech

The central bank chief hinted at continued aggressive interest-rate hikes, said "some" economic pain now was preferable to more of it later, and invoked his forebears in a warning about expectations.

By Dan Ennis • Aug. 26, 2022

PCAOB, Chinese authorities reach deal as delisting threat looms

SEC Chair Gary Gensler cautioned that foreign issuers that want access to U.S. public capital markets must be on a level playing field with U.S. firms.

By Maura Webber Sadovi • Aug. 26, 2022

Payoneer CFO battles e-commerce slowdown

Payoneer is counting on global growth and new services to offset what CFO Michael Levine called e-commerce “softness.”

By Caitlin Mullen • Aug. 26, 2022

Honor Technology taps Google alum as new CFO

As Honor Technology looks to grow, it tapped industry veteran Andrew Steinberg as its financial leader.

By Elizabeth Flood • Aug. 26, 2022

Three tips for landing plum board seats

While more board seats are opening up due to retirements, it’s still “a competitive game” to win an offer, Allegis Partners’ Keith Meyer said. 

By Maura Webber Sadovi • Aug. 25, 2022

Flagging Dollar Tree snags Qurate CFO in latest executive swap

Departing Qurate Retail Group CFO Jeffrey A. Davis will move into the top financial seat for Dollar Tree as the discount retailer revamps its C-suite and board after cleaning executive house.

By Grace Noto • Aug. 25, 2022

UnitedHealth CFO named in amended class action

UnitedHealth CFO John Rex put the company’s business dealings with Wells Fargo ahead of ERISA obligations, the complaint alleges. 

By Elizabeth Flood • Aug. 25, 2022

Healthcare app firm Babylon promotes CFO from within

Babylon appointed PwC alum David Humphreys after the current CFO stepped down.

By Elizabeth Flood • Aug. 24, 2022

Qurate Retail Group taps its SVP, PepsiCo alum as interim CFO

Qurate Retail Group is tapping its SVP James Hathaway, a 25-year PepsiCo alum, to act as interim CFO in the latest of a series of executive moves aimed at bolstering revenue and strengthening customer relationships.

By Grace Noto • Aug. 24, 2022

Layoffs collide with talent shortages in ‘labor market paradox’

Companies may continue to fill roles that require specialized skills while investing in automation and reducing headcounts in other areas.

By Suman Bhattacharyya • Aug. 24, 2022

Earnings Roundup: Big oil CFOs brace for inflation, eye demand

Exxon and Chevron finance chiefs signaled on second quarter earnings calls that they are closely tracking demand as recession worries loom.  

By Grace Noto • Aug. 23, 2022

Why a CFO should be one of your first hires

Startups are inherently risky but their CFOs have an early opportunity to fundamentally shape the way the companies operate.

By Harry Hurst • Aug. 23, 2022

Promotion is key to hiring diverse CFOs: Cowen

Despite rising pressure for C-suite diversity, CFOs of color comprised just 20% of the new finance chiefs named in the first half of 2022, a study found.

By Maura Webber Sadovi • Aug. 23, 2022

Defense technology company taps Uber alum as new CFO

Fast-growing Shield AI gains an industry veteran in Francois Chadwick.

By Elizabeth Flood • Aug. 23, 2022

Credit Suisse appoints new CFO in executive shuffle

Credit Suisse has named a former Deutsche Bank exec as its new CFO as part of a series of executive changes at the top.

By Elizabeth Flood • Aug. 22, 2022

Walmart CFO eyes payments opportunities

With PayPal’s former CFO on board, the retail behemoth is assessing its prospects in the payments arena near and far.

By Lynne Marek • Aug. 22, 2022

Digital transformation, worker retention can cut costs

Investing in digital transformation initiatives as well as retaining skilled workers can better position companies to weather the coming recession.

By Grace Noto • Aug. 19, 2022

Moderna settles on PerkinElmer, GE alum as latest CFO

PerkinElmer and 20-year GE alum James Mock will serve as CFO for biotech Moderna, ending the search for a permanent financial head after the ousting of one-day CFO Jorge Gomez.

By Grace Noto • Aug. 18, 2022

CFOs-turned-CEOs have ‘worse outcome’

CFOs turned CEOs must “let go” of finance so they can become stronger in other areas like investments and innovation, experts say. 

By Elizabeth Flood • Aug. 18, 2022

Former Trump CFO pleads guilty in tax scheme

At the core of the charges that Trump Organization executive Allen Weisselberg pleaded guilty to Thursday is a scheme to evade income taxes by hiding compensation.

By Maura Webber Sadovi • Aug. 18, 2022

ADT shuffles CFO to CTO

Security company ADT is shuffling its executive suite, with former CFO Jeff Likosar becoming its chief transformation officer while Ken Porpora takes on the company’s top financial seat.

By Grace Noto • Aug. 17, 2022

Western Union CFO departs for Arrow

The 171-year-old company is the latest payments firm to announce a CFO change as the sector faces macroeconomic headwinds.

By Elizabeth Flood • Aug. 17, 2022

Walmart CFO aims for market share as shoppers trade down

The retail giant’s pricing strategy — geared to budget-conscious consumers — includes plans for an under-$50 Thanksgiving meal for four.

By Maura Webber Sadovi • Aug. 16, 2022