SEC enforcement not ‘a game of gotcha,’ Grewal says

The SEC will press on with aggressive enforcement while seeking to collaborate with companies under scrutiny, the agency’s enforcement director said.   

By Jim Tyson • May 23, 2023

Warehouse robots in high demand despite downturn: report

Revenues from automated forklifts reached a total of $1.5 billion in 2022, nearly $200 million higher than previously projected, according to Interact Analysis.

By Alexei Alexis • May 23, 2023

Explore the 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

RingCentral CFO describes career choice, staying ‘fiercely prioritized’

From investment banking to an operational finance role to finally taking on a public company CFO role, Sonalee Parekh has run the gamut when it comes to her financial career path.

By Elizabeth Flood • May 23, 2023

Resilience sounds alarm on 300% ransomware resurgence

Ransomware claims by the cyber insurer’s customers grew 300% from the third quarter of 2022 to the first quarter of this year.

By Alexei Alexis • May 23, 2023

Investors oppose using ESG criteria in retirement funds: Gallup

U.S. companies face intense pressure to embrace sustainability even as many Americans do not want ESG goals to guide the investment of their retirement money.

By Jim Tyson • May 22, 2023

The CFO design thinking mindset

Taking a human-centered approach to leadership is key for CFOs to craft agile leadership strategies, IMA’s Loreal Jiles said.

By Elizabeth Flood • May 22, 2023

What finance departments should be doing to prepare for the future

Businesses that hope to survive should be constantly thinking about what they need to do today to be ready for tomorrow.

May 22, 2023

Integrated supplier payments: a simple solution that serves a complex process

A business without reliable, on-time vendor payments is like a farm with a tractor.

By Esker • May 22, 2023

Technical debt and innovation – the CFO’s perspective

Does the balance we strike between innovation and control align with our organization’s strategy? 

May 22, 2023

Why CFOs must beef up their CX playbooks

The B2B market is facing a new generation of decision makers who are accustomed to speedy digital customer experiences, according to Billtrust CFO Bob Purcell. 

By Bob Purcell • May 19, 2023

Recession likely to start in Q3 as Fed sustains inflation fight: Fannie Mae

The Fed may keep borrowing costs high and trigger a downturn if robust wage gains persist in coming months, Fannie Mae said.

By Jim Tyson • May 19, 2023

Walmart to invest in supply chain as it outshines big-box rivals

Walmart attracted budget-conscious customers, but inflation persists as one of its strongest headwinds.

By Suman Bhattacharyya • May 19, 2023

CFOs bullish on M&A prospects: survey

The research revealed that a large number of business leaders are optimistic about the economy, with more than half expecting the expansion to continue.

By Alexei Alexis • May 18, 2023

GE promotes insider to CFO, prepares for spin-offs next year

Ahead of their planned three prong spin-off, the industrial giant has promoted Rahul Ghai, 51, to take the financial helm.

By Elizabeth Flood • May 18, 2023

Salaries for financial professionals rise 5% yet lag inflation

CFOs in January gained a 4.2% increase in base salary, on average, compared with their pay 12 months before.

By Chris Gaetano • May 18, 2023

M&A falters despite ‘heavily discounted prices’: PitchBook

Deals valued at below $100 million accounted for a record proportion of M&A transactions during the first quarter.

By Jim Tyson • May 17, 2023

Lyft CFO steps down in latest of leadership changes

In the first week of his tenure, new CEO David Risher announced a 26% reduction in Lyft’s corporate workforce. Now, the current CFO is stepping down.

By Elizabeth Flood • May 17, 2023

The dawn of the interim CFO

With financial leadership coming at a premium, interim CFOs are having their moment in the spotlight.  

By Grace Noto • May 16, 2023

Disney CFO, ex-CEO named in shareholder lawsuit

The 39-page court document alleges that Bob Chapek, Christine McCarthy and Kareem Daniel misled investors regarding the health of the business.

By Elizabeth Flood • May 16, 2023

U.S. Chamber sues SEC, slamming buyback rule

An effort to block rules on stock repurchases is the latest pushback by business groups against an unusually active regulatory agenda at the SEC.

By Jim Tyson • May 15, 2023

Layoffs may cause organizational drag: Gartner

Unforeseen consequences may negate any forecast savings as soon as three years after the start of layoffs, Gartner found in a recent report.

By Elizabeth Flood • May 15, 2023

Retailers lag, energy firms lead in environmental disclosures: Fitch

Standards for gauging sustainability are gelling amid a backlash against government plans to require corporate disclosure on climate risk.

By Jim Tyson • May 12, 2023

Why CFOs need to act like the quarterback

Between juggling ChatGPT advancements and looming ESG reporting guidelines, CFOs need to be a “master of many town halls,” said EY’s Mike Kelly.

By Elizabeth Flood • May 12, 2023

FASB’s tax proposal will ‘change the game’

Previous FASB calls for greater income tax transparency have drawn pushback from businesses. This time the initiative appears to be gaining steam.

By Maura Webber Sadovi • May 12, 2023

PwC, KPMG China audits are flawed: PCAOB

The PCAOB findings follow U.S. success in overcoming opposition from Beijing to the inspection of audits of China-based companies listed on U.S. stock exchanges.

By Jim Tyson • May 11, 2023