Strategy & Operations: Page 33


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    everythingpossible/Adobe Stock

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    Sponsored by Moovila

    2 growth blockers too big to ignore

    Data and human limitations cap your ability to drive revenue. It’s time for AI to help us break through.

    March 20, 2023
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    Courtesy of Mattel
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    Mattel CFO sees movie tie-in boosting Barbie sales

    The iconic El Segundo, California-based toymaker had a tough 2022 but CFO Anthony DiSilvestro expects the outlook to improve and says parents will always prioritize spending on their children.

    By Chris Gaetano • March 17, 2023
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    lorozco3D via Getty Images
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    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
  • An employee gets into his car after arriving to work to a shuttered Silicon Valley Bank (SVB) headquarters in Santa Clara, California.
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    Justin Sullivan via Getty Images
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    SVB’s parent company files for bankruptcy protection

    The move will allow SVB Financial Group “to preserve value as it evaluates strategic alternatives” for venture-capital business SVB Capital and broker-dealer SVB Securities, the company said.

    By Dan Ennis • March 17, 2023
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    PeopleImages via Getty Images
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    How ERP modernizations fare amid cost cutting

    Some companies are pausing or delaying ERP implementations. But projects moving ahead face sharper scrutiny than before.

    By Jen A. Miller • March 17, 2023
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    Courtesy of Skechers
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    Skechers CFO expects lower 2023 shipping pricing

    When it comes to gross margins, Skechers’ CFO John Vandemore says last year wasn’t his “proudest.” But he’s now prioritizing inventory management which he called “crucial” to protecting margins.

    By March 16, 2023
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    Justin Sullivan via Getty Images
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    SVB CFO may be swept up in stock dumping scrutiny

    Three SVB Financial senior officers, including the finance chief, sold company shares worth a combined total of about $4.5 million as of Jan. 1, according to insider trading research firm Smart Insider.   

    By March 16, 2023
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    Justin Sullivan via Getty Images
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    Nearly one-third of CFOs to diversify deposits across banks: study

    CFOs are looking to take immediate action to assess the risk and exposure to their businesses following recent bank failures.

    By Elizabeth Flood • March 16, 2023
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    Courtesy of Courtesy of Luis Guillén for Saks
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    Burberry poaches CFO from McLaren

    The British luxury fashion house announced another change in its C-suite after naming a new CEO just last year.

    By Elizabeth Flood • March 15, 2023
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    alfexe via Getty Images
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    Core inflation rises, challenging Fed amid banking instability

    Even as high inflation persists, the failure of Silicon Valley Bank and Signature Bank has undercut expectations that the Fed will step up the pace of monetary tightening.

    By March 14, 2023
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    Alex Wong via Getty Images
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    SVB failure could cloud CFOs’ sunnier outlook

    CFOs are cautiously optimistic for 2023, according to Deloitte’s latest CFO signals survey, but the swift downfall of SVB could test that.

    By Elizabeth Flood • March 14, 2023
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    iStock / Getty Images Plus via Getty Images
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    Q&A

    Finance tech guru dishes on ChatGPT

    While the technology holds promise, concerns over the privacy risks are justified for now, finance tech expert Glenn Hopper says.

    By March 13, 2023
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    Drew Angerer/Getty Images via Getty Images
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    Biden support for depositors may not brighten credit outlook

    The high-profile failures of Silicon Valley Bank and Signature to hedge against interest rate risk may lead to a period of tighter credit, economists and financial advisers said.

    By March 13, 2023
  • People gather outside Silicon Valley Bank.
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    Justin Sullivan via Getty Images
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    SVB could be biggest story for CFOs since COVID-19

    The CFO Leadership Council held an emergency meeting on the Silicon Valley Bank crisis Friday while some finance leaders are bracing for broader ripple effects.

    By March 13, 2023
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    ipuwadol via Getty Images
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    DocuSign makes surprise CFO transition announcement

    Cynthia Gaylor is stepping down from her role as CFO as the company handles the aftermath of two rounds of layoffs and leadership team expansion.

    By Elizabeth Flood • March 13, 2023
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    iStock / Getty Images Plus via Getty Images
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    4 keys to automation roadmapping

    Finance tech projects undertaken without a good roadmap could be headed for failure, according to Gartner analyst Nisha Bhandare.

    By March 13, 2023
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    FluxFactory via Getty Images
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    Your company is changing software providers. Now, you just have to break it to staff.

    It’s on technology leaders to reduce friction and frustration, engage stakeholders and foster communication to ensure a migration goes smoothly.

    By Lindsey Wilkinson • March 13, 2023
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    Spencer Platt via Getty Images
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    Executives’ dim US economic outlook eases slightly: AICPA

    The executives’ slightly less gloomy first quarter U.S. economy outlook comes as finance leaders are continuing to grapple this week with more mixed economic signals. 

    By March 10, 2023
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    Courtesy of Allbirds
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    Allbirds replaces CFO with ex-Adidas exec

    The Silicon Valley favorite sneaker brand is the second direct-to-consumer brand this week to report disappointing earnings and a CFO transition.

    By Elizabeth Flood • March 10, 2023
  • An SVB sign stands outside the bank's headquarters.
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    Justin Sullivan via Getty Images
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    Regulators take over Silicon Valley Bank

    The California Department of Financial Protection and Innovation closed the embattled bank and appointed the FDIC as receiver, regulators said Friday.

    By Anna Hrushka • March 10, 2023
  • Customers enter a Walmart store in San Leandro, California.
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    Justin Sullivan via Getty Images
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    Walmart bets on digital retail future, CFO says

    The retail giant is focusing on in-store technology and logistics improvements and positioning stores as distribution points for online shopping.

    By March 9, 2023
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    Bruce Bennett/Getty via Getty Images
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    Allstate focused on profitability first, growth second

    CFO Jess Merten outlined the company’s strategy as its largest competitors take an opposite approach.

    By Elizabeth Flood • March 9, 2023
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    iStock via Getty Images
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    CrowdStrike revenue soars amid high cyber demand

    The cybersecurity company reported record financial results in spite of macroeconomic headwinds.

    By March 8, 2023
  • Federal Reserve Chair Jerome Powell.
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    Scott Olson via Getty Images
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    Powell testimony fuels expectations of half-point Fed rate hike

    Fed Chair Jerome Powell told a House committee Wednesday that the central bank is concerned about persistent price pressures and is determined to reduce inflation to its 2% target.

    By March 8, 2023
  • A cardboard box with a round light-blue logo and the words "Stitch Fix" leans against a bright yellow door.
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    Courtesy of Stitch Fix
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    Stitch Fix CFO to exit as declines persist

    Dan Jedda, who came from Amazon about two years ago, in May will become chief financial officer at Roku, as the box e-retailer continues its CEO search.

    By Daphne Howland • March 8, 2023
  • Jerome Powell, testimony, U.S. House, Financial Services Committee
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    Win McNamee via Getty Images
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    Powell says Fed may hike rates more than forecast

    Fed Chair Jerome Powell told a Senate committee that reducing inflation to the central bank’s 2% target may not lead to widespread layoffs.

    By March 7, 2023