Strategy & Operations: Page 48
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Western Union CFO departs for Arrow
The 171-year-old company is the latest payments firm to announce a CFO change as the sector faces macroeconomic headwinds.
By Elizabeth Flood • Aug. 17, 2022 -
Walmart CFO aims for market share as shoppers trade down
The retail giant’s pricing strategy — geared to budget-conscious consumers — includes plans for an under-$50 Thanksgiving meal for four.
By Maura Webber Sadovi • Aug. 16, 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 -
SEC backs tougher rules for audits involving multiple firms
SEC Chair Gary Gensler hailed efforts to avert significant errors in audits by multiple firms, including mistakes in the calculation of revenue and measurement of fair value.
By Jim Tyson • Aug. 16, 2022 -
CFOs undervalue their own ESG efforts: report
Well over half (78%) of CFOs rated themselves ineffective at addressing ESG initiatives despite earning top grades from their peers.
By Elizabeth Flood • Aug. 16, 2022 -
Consumer sentiment rises on improved inflation expectations
The falling price of energy and other essential goods buoyed consumer sentiments, the University of Michigan found in a survey this month.
By Jim Tyson • Aug. 15, 2022 -
Akumin terminates CFO per transformation plan
With the hiring of a global business transformation specialist as Akumin’s interim CFO, William Larkin is fired from the top financial seat.
By Elizabeth Flood • Aug. 15, 2022 -
‘Inflation persistence has jumped’: Richmond Fed
Price pressures, pumped up by the pandemic and other shocks, have proven more durable in the past several quarters compared with a period beginning in 2008.
By Jim Tyson • Aug. 12, 2022 -
Coalition, Inc. names first ever CFO
Jim Young plans to take the company to bigger heights and tap into the massive cybersecurity market.
By Elizabeth Flood • Aug. 12, 2022 -
Opinion
How to adopt dynamic pricing on B2B marketplaces
By 2028, it’s estimated that the global B2B e-commerce market size will reach $25.65 trillion. Dynamic pricing is one of its challenges.
By Ryan Lee • Aug. 12, 2022 -
Inflation Reduction Act may backfire: Tax Foundation
Republicans and Democrats clash over the impact on inflation from a health care, climate and tax bill scheduled for a vote by the House.
By Jim Tyson • Aug. 11, 2022 -
Sonos CFO departs for Taser-maker Axon
CFO Brittany Bagley exits Sonos following disappointing fiscal third quarter revenue results, with the speaker company partially blaming inflation for a lackluster quarter.
By Elizabeth Flood • Aug. 11, 2022 -
Venture lenders offer CFOs a pricey lifeline
Venture debt remains an option for companies that have seen a number of financing paths narrow amid global economic turmoil.
By Maura Webber Sadovi • Aug. 10, 2022 -
Inflation slows but probably not enough to deter Fed tightening
Central bank officials say they need to see consistent signs that price pressures are falling toward their 2% target before they declare victory against inflation.
By Jim Tyson • Aug. 10, 2022 -
Brink’s taps Eaton, PwC veteran as CFO
The Brink's Company, know for its iconic trucks that transport cash, has tapped a new CFO as its long-time finance chief prepares to retire.
By Elizabeth Flood • Aug. 10, 2022 -
AMC Networks promotes CFO to CEO, names new finance chief
Patrick O’Connell is joining AMC as CFO while the current finance chief moves up the ladder.
By Elizabeth Flood • Aug. 9, 2022 -
Inflation anxiety hits highest level since 1979: NFIB
Small businesses flagged several reasons for pessimism beyond price pressures, including a tight labor market and crimped supply chains, NFIB found in a survey.
By Jim Tyson • Aug. 9, 2022 -
Crypto miner Mawson’s CFO resigns
Finance chief Hetal Majithia is exiting the company roughly one year after taking the CFO seat.
By Elizabeth Flood • Aug. 8, 2022 -
‘Hot’ job gains bolster case for aggressive Fed tightening: economists
Payrolls grew last month at more than twice the consensus forecast, belying concerns that the U.S. economy is in recession.
By Jim Tyson • Aug. 5, 2022 -
Just 9% of finance departments have primary ESG oversight: survey
Evidence of loose internal controls related to environmental, social and governance (ESG) data comes as the potential cost of companies getting ESG reporting wrong are rising.
By Maura Webber Sadovi • Aug. 5, 2022 -
Tapestry Inc. CFO to serve hybrid COO role
Tapestry CFO Scott Roe will also take on the company’s COO role, the latest in a line of CFOs who are taking on additional responsibilities.
By Elizabeth Flood • Aug. 5, 2022 -
Payments companies swap out CFOs
Amid macroeconomic pressures, FIS, PayPal, MoneyGram and Shift4 all appointed new CFOs this week. The trend may also mean they’re paying more for them.
By Caitlin Mullen • Aug. 5, 2022 -
Remittance company MoneyGram appoints new CFO
Brian Johnson enters the role in the wake of a pending acquisition and litigation with the CFPB.
By Elizabeth Flood • Aug. 4, 2022 -
CFOs facing tight labor market revise pay, reward plans
Companies are shifting how they attract employees as many “help wanted” signs go unanswered, Willis Towers Watson said.
By Jim Tyson • Aug. 3, 2022 -
Presidio names former IQVIA, S&P exec as new CFO
Manny Korakis is joining Presidio as it has benefited from a surge in demand for IT services during the pandemic.
By Elizabeth Flood • Aug. 3, 2022 -
CFOs should look to digitalize employee recognition programs
Despite mounting signs of a recession, the labor market remains robust and CFOs should consider digitalizing employee recognition programs to retain talent.
By Elizabeth Flood • Aug. 1, 2022