Leadership: Page 77
-
Survey: 77% of CFOs say company is underprepared for climate change
CFOs rate floods, droughts and wildfires as most financially concerning, according to a survey conducted by property insurer FM Global.
By Jane Thier • July 8, 2020 -
Impossible Foods CFO: Converting 'hypergrowth' into long-term sustainability
According to David Lee, grocery demand for fresh or frozen plant-based meats surged 300% in March, while store sales of Impossible Burger have more than doubled every month since April.
By Jane Thier • July 7, 2020 -
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 -
Lemonade becomes biggest IPO of 2020; CFO credits versatility
Three-time CFO Tim Bixby helped the digital insurance company, which went public last week, pull off 2020's biggest IPO.
By Jane Thier • July 6, 2020 -
Survey: 94% of CFOs to change risk strategy, post-COVID-19
As the coronavirus pandemic brings risk and credit challenges to the forefront, CFOs are redoing their original plans, credit insurance company Euler Hermes found.
By Jane Thier • July 5, 2020 -
Amazon exec to step in as ViacomCBS CFO
Naveen Chopra, who has served as CFO of Amazon's Devices and Services business, Pandora, and TiVo, will begin his new role at the newly merged company on August 10.
By Jane Thier • July 1, 2020 -
What's your COVID-19 story?
When discussing 2020 plans with investors, Eric Knachel, Deloitte senior consultation partner, recommends figuring out your company's story to connect with stakeholders.
By Jane Thier • June 30, 2020 -
Deloitte survey reveals equal parts pessimism, optimism among Fortune 500 CFOs
Deloitte's latest quarterly CFO Pulse Survey found CFOs of large companies expressing renewed confidence in their ability to adapt, but great pessimism about the U.S. economy's rebound.
By Jane Thier • June 29, 2020 -
How often should CFOs speak with the board?
Planful CEO Grant Halloran recommends CFOs update their company's board several times a week as financial planning becomes all the more fraught.
By Jane Thier • June 27, 2020 -
Will closing the books this quarter be harder than last?
Omar Choucair, CFO of financial close software provider Trintech, knows why his clients are struggling and how they can mitigate the difficulties.
By Jane Thier • June 25, 2020 -
Verizon CFO welcomed external advice for pandemic scenario planning
When COVID-19 hit, Matt Ellis consulted outside experts to help ensure his FP&A team's assumptions about going forward were realistic.
By Robert Freedman • June 25, 2020 -
A CFO's 3-step plan for remaining profitable during COVID-19
LendingUSA's Ron Oertell says his company's services as a point-of-sale fintech are greater now than they were, pre-pandemic.
By Jane Thier • June 24, 2020 -
When should you revisit your pricing strategy?
Tom Fencl, CFO of Pricefx, believes a CFO's price strategy can make or break a business.
By Jane Thier • June 23, 2020 -
Stericycle CFO adds 'CIO' to job description
Following CIO David Stahl's departure from the medical waste disposal company, CFO Janet Zelenka will take the reins, becoming CFO-CIO effective June 28.
By Jane Thier • June 22, 2020 -
3-time CFO: Pandemic will add to CFO duties
Long-time CFO Paula Bachman told CFO Dive the dissolving COO role, combined with the financial upset caused by coronavirus, will lead to a longer list of responsibilities for CFOs going forward.
By Jane Thier • June 21, 2020 -
Deep Dive
When the CFO departs, who steps up?
Every company needs an established talent pipeline to fill the gap when its CFO leaves. But new research from CFO Dive finds that the role — and the way it is filled — is evolving.
By Jane Thier • June 18, 2020 -
Steps CFOs take to get appointed to corporate boards
Start networking now and prepare for a major time commitment later, say recruiters who help CFOs gain consideration.
By Ted Knutson • June 16, 2020 -
CFOs must balance innovation with frugality, surveys confirm
As companies begin executing their return-to-work plans, CFOs are tasked with a daunting double-mission: investing in necessary innovation, while also enforcing across-the-board frugality.
By Jane Thier • June 15, 2020 -
Wells Fargo CFO predicts drop in net interest income, layoffs in 2020
In an appearance at Morgan Stanley Virtual U.S. Financials Conference Wednesday, CFO John Shrewsberry discussed the bank's second quarter earnings and plans for maintaining profitability throughout 2020.
By Jane Thier • June 14, 2020 -
Nokia adds new CFO to keep up in 5G race
Marco Wirén will start as CFO in September, alongside a new CEO and board chairwoman. The c-suite retooling is part of the telecom giant's effort to supply operators with fifth-generation mobile technology.
By Jane Thier • June 11, 2020 -
New Nielsen Global Connect CFO leads remote finance teams amid spinoff
Chandler Bigelow is tasked with standing up the recent Nielsen spinoff, even as he and his team work remotely.
By Jane Thier • June 10, 2020 -
3 Imperatives for CFO leadership, mid-recession
As the economy fluctuates, CFO of tech startup Clari stresses the importance of KPIs, keeping the board in the loop and fine-tuning a liquidity plan.
By Jane Thier • June 9, 2020 -
Opinion
Where do you fall on the CFO spectrum?
You can have decades of financial management experience and get nowhere near a CFO office if you don’t bring the ability to modify your company’s growth strategy in the face of new competitors.
By Shawn Cole • June 8, 2020 -
AICPA Survey: Finance leaders most pessimistic since Great Recession
As the coronavirus pandemic rages on, CFOs, CEOs and controllers are becoming less and less confident in economic recovery and business growth over the next 12 months, a new survey finds.
By Jane Thier • June 7, 2020 -
A lesson in fiscal discipline from Chipotle's CFO
Chipotle has maintained its long-term vitality as the pandemic forces countless competitors to close their doors. CFO Jack Hartung shares how the company does it.
By Jane Thier • June 4, 2020 -
Hospitality CFO cites safety, scenario planning as keys for keeping hotels open
As hotels across the globe shutter in response to the pandemic, Peter Habelitz, CFO of Dutch hotel management giant Cycas Hospitality, has managed to keep his Marriott, Hyatt, and IHG properties near-fully operational.
By Jane Thier • June 3, 2020