How to zero in on metrics that matter

Businesses need to think creatively when it come to choosing how they gauge success in today’s uncertain economy. 

By Elizabeth Flood • Oct. 25, 2022

HSBC ousts CFO, picks successor from within

Newly named CFO Georges Elhedery was formerly the bank’s co-CEO of global banking and markets. He returned from a six-month sabbatical in September.

By Rajashree Chakravarty • Oct. 25, 2022

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

More companies lag Q3 earnings estimates: FactSet

Inflation, surging interest rates, cautious consumers and a rising dollar have eroded profits at many big companies.

By Jim Tyson • Oct. 24, 2022

CFO stressors: Sounding the alarm after suicide

Gustavo Arnal’s death has led to new conversations around C-suite mental healthcare and the rising pressures challenging even the most battle-tested finance leaders.

By Maura Webber Sadovi • Oct. 24, 2022

The CFO’s strategic contributions keep expanding

Reimagining the CFOs Role, From Automation and Cloud to ESG and Talent Management

Oct. 24, 2022

Hybrid work ushers HR onto CFO-CIO tech team

The complexity of hybrid work is fostering closer cross-department collaboration — especially on technology procurement and rollouts.

By Suman Bhattacharyya • Oct. 21, 2022

FTC redoubles Biden fight against ‘junk fees’

The White House seeks to wipe out hidden charges levied by companies involved in more than two dozen industries.

By Jim Tyson • Oct. 21, 2022

35% of retail execs to clear inventory: study

Over one-third of executives surveyed said their companies are deeply discounting or taking other measures to get rid of excess inventory.

By Tatiana Walk-Morris • Oct. 21, 2022

Baker Hughes appoints CFO, warns on inflation

The Houston-based oil services giant snapped up Nancy Buese from Newmont Mining, naming her as their new chief financial officer. 

By Elizabeth Flood • Oct. 20, 2022

Tackling the build versus buy forecasting dilemma

The rise in economic volatility is increasing the need for better decisions when it comes to acquiring and interpreting forecasting data.

By John Frechette • Oct. 20, 2022

Recession to start in Q2 2023, Fitch says

Warnings of a possible downturn are increasing amid a steady withdrawal of monetary stimulus, a slump in the housing market and a weakening in retail spending.

By Jim Tyson • Oct. 19, 2022

3 ways CFOs can utilize ERP as recession hedge

Strong enterprise resource planning (ERP) systems can help businesses prepare to survive an impending and potentially inevitable recession.

By Elizabeth Flood • Oct. 19, 2022

Supply chain partnerships key for the modern CFO

Between advancing ESG reporting requirements and the modernizing CFO seat, developing strong supply chain partners is key for CFOs to find and utilize the right data.

By Elizabeth Flood • Oct. 18, 2022

7 CFO tips to prepare for SEC climate risk rule

CFOs should not delay putting in place the staff, technology and processes needed to comply with an imminent SEC rule requiring detailed disclosure on climate risk.

By Jim Tyson • Oct. 18, 2022

ESG backlash unlikely to derail SEC climate risk rule

SEC Chair Gary Gensler faces growing resistance to the agency’s proposal that companies provide detailed disclosures on carbon emissions.

By Jim Tyson • Oct. 17, 2022

Beyond Meat taps insider for CFO, slashes workforce

Lubi Kutua will take on the struggling company’s CFO seat as it moves to cut down its workforce.

By Elizabeth Flood • Oct. 17, 2022

Jamie Dimon isn’t the only bank CEO expecting a recession: KPMG

Some 85% of bank chiefs believe the U.S. is headed for recession in the next 12 months, the accounting giant found in its annual CEO outlook. Nearly half see layoffs in the next six months.

By Gabrielle Saulsbery • Oct. 14, 2022

Squarespace poaches new CFO from Amazon

Nathan Gooden is the latest is a string of Amazon finance leaders who have left the retail giant to move on to other comparatively smaller companies.

By Elizabeth Flood • Oct. 13, 2022

Crises demand resilience plans from CFOs

CFOs need new ways to prepare for crises, with resilience plans, and the storied Waffle House Index part of a mix of long and short-term tactics coming into focus. 

By Suman Bhattacharyya • Oct. 13, 2022

Global hazards outstrip corporate risk preparations

Less than half of respondents rated their companies’ approach to risk-management as “mature” or “robust,” according to the report.

By Maura Webber Sadovi • Oct. 12, 2022

Recession to start this quarter: Fannie Mae

Rising interest rates are undercutting economic growth and increasing the risk of a financial crisis in coming quarters, according to Fannie Mae economists.

By Jim Tyson • Oct. 12, 2022

Think before ditching retiree healthcare benefits

The cost of traditional retiree healthcare coverage is about $1,000 monthly for those not yet eligible for Medicare, according to Trevis Parson, chief actuary at WTW.

By Maura Webber Sadovi • Oct. 11, 2022

SPAC backing Trump media delays merger vote

Digital World seeks time to gain formal SEC approval for its tie-up with Trump’s media company as the agency investigates potential illegal behavior in their merger negotiations.

By Jim Tyson • Oct. 11, 2022

XPO Logistics names new CFO, approves spin-off

Carl Anderson will take the financial helm in November, ahead of the anticipated completion of the planned spin-off.

By Elizabeth Flood • Oct. 11, 2022

Strong dollar slams companies’ Q3 earnings

Rising interest rates in the U.S. and market volatility may sustain demand for the dollar, which has soared 18% against a basket of currencies in 2022.

By Jim Tyson • Oct. 10, 2022