Leadership: Page 93
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New FairWarning CFO's No. 1 rule: Over-communicate
As CFOs attempt close contact with their teams and maintain a handle on company finances, Philip Devine recommends hammering critical messages home.
By Jane Thier • May 19, 2020 -
New CFO's pandemic guidelines: Planning, planning, and more planning.
Burke became CFO of Life360 last week without shaking the CEO's hand or meeting the finance team, but he has a plan to get a handle on the startup's finances from a far distance, he told CFO Dive.
By Jane Thier • May 18, 2020 -
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 -
Liquidity, forecasting essential for CFOs, mid-crisis
As Omar Choucair, CFO of SaaS company Trintech, helps his clients manage the downturn, he urges CFOs to remain open to expanding their duties.
By Jane Thier • May 17, 2020 -
Small-business specialist sees coronavirus crisis as way to help customers, retool financially
The CFO of payroll software provider Gusto sees the downturn as an opportunity to reevaluate costs, vendor relations and investment choices.
By Robert Freedman • May 13, 2020 -
Opinion
CFO collaboration with CIO is crucial amid COVID-19
The CFO is adept at measuring costs, managing the balance sheet and navigating murky waters. But determining capabilities and staying ahead of tech trends requires partnership with the CIO.
By Tony Tricarichi • May 13, 2020 -
"Empty CTA L Brown Line Car" by Raed Mansour is licensed under CC BY 2.0
Survey: CFOs hopeful, employees wary, 2 months into pandemic
While CFOs are growing increasingly optimistic about their business' adaptability and ability to recover, employees remain uncertain, a new PwC survey finds.
By Jane Thier • May 12, 2020 -
Survey: Amid ongoing disruption, CFOs double down on cutting jobs
CFOs are cutting real estate spend, sales reward trips, social media marketing and service provider contracts, expecting they are unlikely to return to previous funding levels once revenues rebound, a new Gartner survey shows.
By Jane Thier • May 11, 2020 -
How to become CFO, mid-pandemic
Juan Carlos Barreto stepped in as CFO of telecom supplier Tekmovil on April 30. He told CFO Dive how he's managed his new team over Zoom and continued hiring all through the second quarter.
By Jane Thier • May 7, 2020 -
Ahead of workers' strike, Amazon CFO calls first quarter 'gut-wrenching'
On an earnings call one day before the International Worker's Day walkout, CFO Brian Olsavsky commended Amazon employees, but neglected to comment on the policies they are protesting.
By Jane Thier • May 4, 2020 -
Bed Bath & Beyond replaces CFO as stores continue shuttering
CFO Robyn D'Elia exits after two years with the company, as CEO Mark Tritton looks to turn around the struggling home goods retailer.
By Caroline Jansen • May 1, 2020 -
How a fintech CFO preserves long-term ambition through cost-cutting amid pandemic
As the coronavirus pandemic brings fast-growing startup culture to its knees, fintech CFO Catherine Birkett advises balancing long-term ambition with near-term KPIs.
By Jane Thier • April 29, 2020 -
"Medical disposable masks on wooden background" by Marco Verch Professional Photographer and Speaker is licensed under CC BY 2.0
Survey: 42% of CFOs lack contingency plans for a 2nd COVID-19 wave
A second wave could mean another drop in customer demand that CFOs' revenue and profit models won't capture, a Gartner Finance research vice president said.
By Jane Thier • April 28, 2020 -
Survey: As states reopen, CFOs prioritize cost containment, safety measures
CFOs will focus on reducing costs and keeping their workplace safe as stay-at-home mandates lift and employees slowly return to work, a new PwC survey reveals.
By Jane Thier • April 27, 2020 -
6 Guidelines for CFO crisis leadership
Of the entire c-suite, CFOs are best-positioned to guide their companies through the pandemic, CFO Leadership Council President Jack McCullough said.
By Jane Thier • April 25, 2020 -
Chipotle CFO: 'Our worst days have passed'
By revamping its business around online advertisements and free delivery, Chipotle has weathered the pandemic better than many restaurant chains. But what will its dining experience look like next year?
By Jane Thier • April 23, 2020 -
Boeing CFO tapped to lead new enterprise operations group
The group will help get the company back into competitive mode as it restarts commercial airplane operations in Washington State later this week.
By Jane Thier • April 22, 2020 -
Opinion
How CFOs can lead through the coronavirus crisis — and beyond
A focus on people, clear information to stakeholders and long-term value creation can lead your organization through the crisis, the head of the International Federation of Accountants said to finance leaders.
By Kevin Dancey • April 22, 2020 -
American Eagle Outfitters names new CFO
Mike Mathias first went to work at the apparel retailer in 1998, managing the finances of stores and operations, and has replaced Bob Madore.
By Daphne Howland • April 22, 2020 -
Annapurna Pictures lays off CFO amid entertainment business freefall
As movie theaters shutter and production halts, entertainment companies are slashing executive pay and laying off mid-level employees.
By Jane Thier • April 21, 2020 -
Harvard CFO: Must cut non-essential spending, despite $41B endowment and stimulus aid
After the Dept. of Education announced Harvard would be receiving $9 million from the CARES Act, many expressed outrage. But that cash may be more vitally needed than appearances suggest, university CFO Thomas J. Hollister said.
By Jane Thier • April 20, 2020 -
Lululemon CFO to depart amid pandemic for Asbury Automotive
Without its CFO at the helm, Lululemon faces an uncertain future. "There are many more tough positions ahead, including how they pay staff amidst capital expenditure cuts," Neil Saunders of GlobalData Retail said.
By Jane Thier • April 17, 2020 -
Survey: Half of CFOs expect 30% revenue decline in 2020
As the coronavirus pandemic rolls ahead, CFOs begin forecasting their year-end losses, according to a Gartner survey of senior finance leaders.
By Jane Thier • April 16, 2020 -
Potbelly, MOD Pizza hire CFOs in show of mid-pandemic optimism
The two fast casual companies have their eyes on the future with the naming of new finance chiefs. MOD Pizza's Josh Guenser shares with CFO Dive how he's balancing his onboarding with crisis planning.
By Jane Thier • April 15, 2020 -
Retrieved from Genpact on April 14, 2020
COVID-19 'first real test' of digitization for office of CFO
"All the older stuff was just feel-good," said Genpact's Sanjay Srivastava, as CFOs have to manage significant declines in finance teams' productivity.
By Jane Thier • April 14, 2020 -
Survey: Half of CFOs expect a return to normal by Q3
Only 9% of CFOs surveyed by CFO Magazine expect a sustained recession, with economic activity not picking up until 2022.
By Jane Thier • April 13, 2020