Strategy & Operations: Page 46
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Opinion
Intercompany ops: more than zero-sum game
For CFOs of growing companies, intercompany operations have increasing implications that extend across accounting, finance, tax, and treasury departments.
By David Brightman • Sept. 13, 2022 -
Peloton co-founders exit amid operational, accounting headwinds
The resignations come roughly two weeks after Peloton announced it was delaying its 10-K filing because it needed more time to complete fourth-quarter accounting and disclosures related to impairment charges.
By Elizabeth Flood • Sept. 13, 2022 -
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 -
Base pay comprises as little as 37% of startup exec comp
While median executive compensation rose 8.5% in 2021, many C-suite pay packages lack structural protections needed in volatile markets.
By Maura Webber Sadovi • Sept. 12, 2022 -
Recession likely in 2023, Fitch says
Cuts to estimates for earnings growth underscore the growing risk of a U.S. downturn next year, Fitch Ratings said.
By Jim Tyson • Sept. 12, 2022 -
ESG ratings firms show ‘significant shortcomings’: study
ESG ratings providers, while gaining from rising demand for their assessments, are unreliable in gauging risk and return, Stanford University researchers said.
By Jim Tyson • Sept. 9, 2022 -
Shopify taps Morgan Stanley exec as CFO
The e-commerce giant’s leadership shakeup comes two months after Shopify announced it was slashing its workforce by 10%.
By Elizabeth Flood • Sept. 9, 2022 -
AT&T CFO says demand still ‘solid’ post price hike
Despite “reduced visibility” into economic trends going into next year due to the current macroeconomic environment, Desroches expects improved cash conversions in 2023.
By Elizabeth Flood • Sept. 8, 2022 -
B2B veteran named CFO of XPO Logistics’ spin-off
Following the spin-off, RXO will be the third-largest provider of domestic and cross-border less-than-truckload freight shipping.
By Elizabeth Flood • Sept. 8, 2022 -
Bed Bath & Beyond leadership gap a board ‘wake-up call’
Bed Bath & Beyond’s appointment of Laura Crossen as interim CFO has raised questions about the type of permanent finance leadership the company will need.
By Maura Webber Sadovi • Sept. 7, 2022 -
FreshBooks taps PwC alum as new CFO
The cloud accounting software company appointed Wayne Jackson, who has 40 years of experience in the financial industry.
By Elizabeth Flood • Sept. 7, 2022 -
Law firm Olgetree Deakins taps former Steptoe CFO
David Zimbrick will depart after two decades at Steptoe & Johnson in favor of the CFO seat at Ogletree.
By Elizabeth Flood • Sept. 6, 2022 -
Q3 earnings estimates cut ‘more than average’: FactSet
S&P 500 companies for the second quarter reported their lowest growth in earnings on an annual basis since the fourth quarter of 2020, FactSet said.
By Jim Tyson • Sept. 6, 2022 -
Bed Bath & Beyond swiftly names interim CFO
Laura Crossen’s appointment as interim CFO comes four days after the death of Gustavo Arnal, Bed Bath & Beyond’s finance chief since 2020.
By Maura Webber Sadovi • Sept. 6, 2022 -
Grocer Raley’s CFO killed in plane crash
Ken Mueller, along with the company’s chief pilot, Richard Conte, perished after the aircraft they were on crashed near Galt, California, according to local reports.
By Jeff Wells • Updated Sept. 6, 2022 -
Bed Bath & Beyond CFO falls from NYC tower, dies
Gustavo Arnal became Bed Bath & Beyond’s finance chief in 2020. The home goods retailer’s turnaround plans have been facing increasing headwinds.
By Maura Webber Sadovi • Sept. 5, 2022 -
Stock buyback tax could have broader impact: EY
The 1% excise tax on stock repurchases was part of the Inflation Reduction Act and comes as the brisk pace of share buybacks has downshifted.
By Maura Webber Sadovi • Sept. 2, 2022 -
PCAOB finds audit flaws on fraud risk, SPACs
During the coming inspection period, the PCAOB’s so-called Target Team will focus on “risks related to climate change” that influence companies’ financial statements.
By Jim Tyson • Sept. 2, 2022 -
Cybersecurity firm ExtraHop names new CFO
ExtraHop appointed Mike Parson as its new CFO, one of a series of new C-suite leaders named as the company seeks to scale up.
By Elizabeth Flood • Sept. 2, 2022 -
Retailers double down on dynamic pricing to protect margins
Dynamic pricing helps CFOs protect company margins but is increasingly subject to scrutiny.
By Suman Bhattacharyya • Sept. 1, 2022 -
The modern challenges for CFOs
Mike Kelly of Ernst & Young (EY), talks talent retention, inflation, ESG reporting requirements and how these evolving issues are reshaping the top financial seat.
By Elizabeth Flood • Sept. 1, 2022 -
Opinion
Why C-suites need to get more serious about harnessing tax technology
More than half of the C-suite executives surveyed said they’re not using their tax data to scenario-plan around policy changes or identify tax credits, a KPMG report found.
By Greg Engel • Sept. 1, 2022 -
Workers gain clout during pandemic: Gallup
CFOs face pressure to raise wages as the number of job vacancies far exceeds the number of unemployed people looking for work.
By Jim Tyson • Aug. 31, 2022 -
SAP taps Airbus exec as new CFO
Dominik Asam is leaving the aerospace corporation to take the top finance seat.
By Elizabeth Flood • Aug. 31, 2022 -
Fed’s Williams sees inflation falling to 2.5% to 3% next year
The Federal Reserve must interpret several “crosscurrents” in the economy as it fulfills its pledge to curb inflation to 2%, according to the president of the New York Fed.
By Jim Tyson • Aug. 30, 2022 -
Earnings Roundup: CFOs squeezed by high food costs hit price levers
Executives in the restaurant and grocery sectors are being selective about how they raise prices to beat soaring ingredient and input costs.
By Maura Webber Sadovi • Aug. 30, 2022