ACV Auctions taps former Fitbit CFO

After raising $55 million in equity in a funding round last month, the online used-car marketplace hired veteran tech executive Bill Zerella.

By Jane Thier • Oct. 18, 2020

HSBC finance head steps in as Libra CFO

Ian Jenkins, the third HSBC exec to join Libra this year, also previously served as chief risk officer at Santander and COO at Credit Suisse.

By Jane Thier • Oct. 15, 2020

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

The CFO's critical role in customer retention

In the midst of a widespread health and financial crisis, retaining customers is more important than ever, and the job often falls to the CFO, SurveyMonkey CFO Debbie Clifford writes.

By Debbie Clifford • Oct. 14, 2020

CFO: Public markets remain best for capital raises, business discipline

A three-time IPO finance leader says companies miss a lot if they opt for private capital after they've become big enough to go public.  

By Robert Freedman • Oct. 14, 2020

BCG partner steps in as new Macy's CFO

Before joining Boston Consulting Group, Adrian Mitchell held various executive positions at retailers including Crate and Barrel and Target.

By Daphne Howland • Oct. 14, 2020

Inching towards an IPO, Squarespace hires Booking.com CFO

Marcela Martin, former CFO at Fox International, National Geographic and Booking.com, will bring the experience Squarespace needs as "a late-stage private company," CEO Anthony Casalena said.

By Jane Thier • Oct. 13, 2020

Tesco taps former Mondelez, Kraft exec as finance chief

Imran Nawaz will take the helm at Britain's largest grocery chain in April, the company announced Wednesday.

By Jane Thier • Oct. 8, 2020

Survey: 1 in 3 employers to lower 2021 pay raises

Despite pandemic-related concerns about profitability and budgeting, two-thirds of employers expect to fund annual short-term bonuses in 2021.

By Jane Thier • Oct. 7, 2020

How CFOs speak truth without alienating colleagues

Silicon Valley veteran Maynard Webb says good finance leaders find a way to protect integrity without unnecessary business disruption.

By Robert Freedman • Oct. 7, 2020

Target FP&A head tapped as new Papa John's CFO

Ann Gugino "brings deep experience in the consumer and retail sector, including driving demand and profitability across digital and traditional commerce at Target," Papa John’s president and CEO Rob Lynch said.

By Jane Thier • Oct. 6, 2020

Siemens USA CFO: Outward-focused finance team essential

Computation skills must be the starting point, not the limiting factor, for staff to realize full potential, Marsha Smith says.

By Robert Freedman • Oct. 3, 2020

PepsiCo CFO on issuing guidance for first time since April

"We have pretty good visibility into the next quarter," Hugh Johnston said. "We feel like we can give investors a reasonable level of confidence in what we expect to deliver."

By Jane Thier • Oct. 3, 2020

Ford announces CFO's departure on new CEO's first day

CEO Jim Farley announced a number of leadership changes on his first day in the role, including CFO Tim Stone's departure for a software company.

By Jane Thier • Oct. 1, 2020

Costco CFO keeps close eye on working capital, inventory

Same-store sales for the members-only retail store rose more than 14% year-over-year in its most recent quarter, which Richard Galanti credits to consistent communication with merchants and suppliers.

By Jane Thier • Oct. 1, 2020

To succeed post-COVID, CFOs need an attitude adjustment

The CFO's past objectives were accommodating stakeholders, delivering the right numbers, and profitability. Now, they must center employee connection, wellness and satisfaction, Replicon CEO Lakshmi Raj says.

By Lakshmi Raj • Sept. 27, 2020

Harvard CFO: 'We cannot do everything everyone wants'

Thomas Hollister said the perception of Harvard University as having unlimited resources is false, and it can't "continue to deficit spend on an operating basis."

By Jane Thier • Sept. 24, 2020

CFO 'filled gas tank' at COVID-19 start to keep company growing

CMS software platform Contentful had a good cash position, but a quickly executed fundraise helped it stay focused on its North Star.

By Robert Freedman • Sept. 24, 2020

CFOs urge C-suite to invest in poverty, climate change causes

A group of CFOs this week, including finance chiefs at Ford and Verizon, published a guide to help companies invest in the United Nations’ Sustainable Development Goals.

By Jane Thier • Sept. 22, 2020

Modeling skills a key shift in FP&A teams, CFOs say

The pandemic has accelerated the trend of new finance hires being expected to bring modeling competency to improve predictive analytics capabilities.  

By Robert Freedman • Sept. 22, 2020

Lime CFO aims for profitability in 2021

As the dockless scooter startup pursues profitability, Andrea Ellis said the company is working towards its ultimate goal — "owning" all trips under five miles.

By Jane Thier • Sept. 21, 2020

Google CFO: In-person work 'key' to fostering innovation

Though Google is letting employees work remotely through July 2021, Ruth Porat said in-person collaboration "within teams and across teams" is critical.

By Jane Thier • Sept. 18, 2020

Using agile planning to return to growth

Having a fully integrated, bottom-up and agile 12-month plan enables you and your team to react quickly when something like the pandemic comes your way. 

By Darrell Cox • Sept. 18, 2020

Dunkin' CFO: Company's westward expansion 'key' to future development

Dunkin's decision to remain open as competitors closed and to open new branches in the South and West have positioned it well for the future, its CFO said Tuesday.

By Jane Thier • Sept. 17, 2020

The cost CFOs refuse to cut: Employee retention

As the pandemic drags on, CFOs are reexamining their budgets and overwhelmingly opting to protect staff retention efforts, fearing the costly departure of top performers.

By Jane Thier • Sept. 16, 2020

FedEx CFO retires, reflects on 40-year tenure, future of company

On his final earnings call Tuesday, Alan Graf Jr. offered a heartfelt retrospective while considering the future. "FedEx would not be the $69 billion globally admired corporation we are today without his leadership," CEO Fred Smith said.

By Jane Thier • Sept. 15, 2020