Leadership: Page 78
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Movie theater advertiser looks to new CFO following rocky quarters
Following news of Ronnie Ng’s hire, National CineMedia’s shares jumped by more than 11% on Monday, after a quarter with a 72% revenue drop.
By Jane Thier • Sept. 28, 2021 -
As CEOs push for office returns, CFOs don't mind staying put
While many CEOs, most notably those in banking, push for a return to the office, most CFOs have found that finance-related tasks get done just as well from home.
By Jane Thier • Sept. 27, 2021 -
Explore the Trendline➔
iStock / Getty Images Plus via Getty ImagesTrendlineDigital 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 -
AB InBev CFO: 'You can't hide when a pandemic hits'
“The whole debate over finance and ESG, that you either choose one of the other, is a false dilemma. They go hand in hand,” Fernando Tennenbaum said.
By Jane Thier • Sept. 24, 2021 -
CFOs might be at greater risk of problem gambling
Few companies have employee gambling policies but putting one in place could help head off trouble, specialists say.
By Ted Knutson • Sept. 24, 2021 -
On IPO day for India's first unicorn, CFO credits operational readiness
“Our next goal is to get to a billion dollars in revenue,” Tyler Sloat, CFO of Freshworks, told CFO Dive on the SaaS company’s listing day.
By Jane Thier • Sept. 22, 2021 -
Rise in non-financial disclosures gives CFOs a chance to shine
As organizations pack their reports with more information, the workload is increasing but so is the opportunity to tell a compelling story.
By Ted Knutson • Sept. 22, 2021 -
Business failure helped Chime CFO build resilience
Having a business that didn’t succeed past its venture stage gave Matt Newcomb a big-picture view that informs his strategic mindset at the fast-growing fintech.
By Robert Freedman • Sept. 15, 2021 -
DailyPay CFO on the burgeoning trend of on-demand pay
Allowing employees to withdraw money between pay periods increases their job satisfaction, which leads to higher company growth and valuation, Scot Parnell says.
By Jane Thier • Sept. 14, 2021 -
Workiva CFO on making choices to drive top-line growth
Making the investments that lead to long-term success requires trade-offs that Jill Klindt didn't fully appreciate during her years in accounting-focused roles.
By Robert Freedman • Sept. 10, 2021 -
Bank of America names new CFO, adds 3 women to senior management
The bank's chief administrative officer and general counsel are also retiring. The shuffle of more than a dozen leaders comes two weeks after two longtime Bank of America executives said they were retiring at year's end.
By Dan Ennis • Sept. 10, 2021 -
JetBlue makes acting CFO permanent
Ursula Hurley, a 17-year company veteran, has been leading finance on an interim basis since June, when Steve Priest left to become CFO of eBay.
By Jane Thier • Sept. 8, 2021 -
After $1.8B acquisition, Stack Overflow names new CFO
Veteran tech CFO Matt Gallatin joined the online community for software developers two weeks after European tech giant Prosus acquired it.
By Jane Thier • Sept. 7, 2021 -
TIAA hires Prudential exec as CFO
Part of a wider C-suite shakeup, the retirement services and investment firm managing $1.3 trillion in assets announced Dave Dowrich’s hire on Wednesday.
By Jane Thier • Sept. 2, 2021 -
Following failed merger, Willis Towers Watson hires new CFO
After a federal lawsuit resulted in the insurance broker's failed merger with rival Aon, the global advisory firm has rehired Andrew Krasner, a company veteran, away from his CFO role at AssuredPartners.
By Jane Thier • Sept. 1, 2021 -
Sprouts' CFO departs
Board member Chip Molloy will take over the role once again as Denise Paulonis leaves to become CEO of hair care supply chain Sally Beauty Holdings.
By Jeff Wells • Sept. 1, 2021 -
Following quarter of slow growth, Zoom CFO discusses potential headwinds
Despite reporting its first billion-dollar quarter on Monday, Kelly Steckelberg says the video conferencing company's small-business consumers' return to in-person work is creating headwinds in its mass market.
By Jane Thier • Aug. 31, 2021 -
Non-finance roles called key to FLEETCOR CFO's rise
Charles Freund’s formal introduction to finance came when he stepped in as finance chief after 20 years in operational and strategic functions.
By Robert Freedman • Aug. 31, 2021 -
Peloton CFO discusses price cuts, relaunching treadmill following recall
The fitness company is grappling with an SEC investigation, several lawsuits and a Department of Homeland Security subpoena related to its treadmill recall last quarter.
By Jane Thier • Aug. 30, 2021 -
Manufacturing CFO sentenced to 2 years for wire fraud
During six years as CFO of Chemstar Products, Gregg Johnson stole approximately $930,000 in company funds by issuing checks from the company’s bank accounts to cover personal expenses, including credit card and mortgage payments and his children’s college tuition.
By Jane Thier • Aug. 27, 2021 -
Releasing early pandemic guidance was a market decision, Johnson & Johnson CFO says
Joseph Wolk and the CEO considered the broader economic ramifications of punting on issuing a forecast.
By Robert Freedman • Aug. 26, 2021 -
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By Megan Weis, VP & General Manager FAO Services, Personiv • Aug. 23, 2021 -
Amid continued growth, Petco promotes VP of finance to CFO
The retailer has sustained its rate of growth achieved in 2020, reporting that comp sales rose for the 11th consecutive quarter.
By Caroline Jansen , Jane Thier • Aug. 19, 2021 -
NBA CFO moves to A24, signaling possible sale
J. B. Lockhart's hire comes after the Oscar-winning film studio was rumored to be up for sale for as much as $3 billion.
By Jane Thier • Aug. 18, 2021 -
Target posts 9% traffic-driven comp sales, CFO says
"This year's performance has been growth on top of growth," CFO Michael Fiddelke says. "Typically, in retail, if you saw a large, mature company like ours growing at [this] rate, you'd assume we were comping over soft numbers from the prior year."
By Maria Monteros • Aug. 18, 2021 -
Following abrupt CEO departure, Binance.US CFO steps up
Joshua Sroge, CFO since January 2020, is one of the four-year-old firm’s longest-tenured employees. Binance.US is owned by Binance, the world’s largest cryptocurrency exchange in terms of daily trading volume.
By Jane Thier • Aug. 17, 2021