Tips for CFOs advancing ESG: Gartner

Finance chiefs facing increased pressure to implement sustainable initiatives can take several steps to make sure the programs succeed and drive business value. 

By Maura Webber Sadovi • June 8, 2022

IKEA finance chief busts four ESG 'myths'

C-suite executives stymied by misperceptions about sustainability are slow to gain from shrinking their companies’ carbon footprints, according to Ingka Group-IKEA CFO Juvencio Maeztu.

By Jim Tyson • June 8, 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

CFOs should use AI to navigate 'dark horizons' in scenario planning: Gartner

CFOs aiming to improve scenario planning with artificial intelligence need to overcome an aversion to gathering and analyzing a broad variety of data, according to Gartner.

By Jim Tyson • June 7, 2022

Many CFO-led teams still follow 20-year-old ‘steward’ role: Microsoft

CFOs and other finance executives identified as the most disruptive business trend the imperative to streamline team collaboration, Microsoft found in a survey.

By Jim Tyson • June 6, 2022

'Social inflation' increasing severity, frequency of litigation against companies

In a self-reinforcing loop, more claimants seek bigger awards and more frequently get them, an analysis by a global insurance support company says.

By Robert Freedman • June 6, 2022

Manufacturers shift tactics to stay ahead of ingredient, edible oil turmoil

CFOs grappling with supply chain friction can learn from food companies that have had to stay flexible as war, weather and export bans pressure ingredient supplies.

By Samantha Oller • June 3, 2022

Recession 'not inevitable,' Moody's says

CFOs considering changes to wages, prices and other critical points of business strategy must filter an unusual range of conflicting economic forecasts.

By Jim Tyson • June 3, 2022

Repay CFO uses 5% raises, retention packages to win workers

While some payments players have pared jobs, Repay CFO Timothy Murphy plans to continue hiring and said there's been "no slow down in growth for our core markets."

By Maura Webber Sadovi • June 2, 2022

Prepping for the next phase of stimulus fraud probes

Federal authorities appear to be operating under a strong mandate to ferret out perceived fraud and abuse in the oft-confusing world of COVID-19 stimulus programs.

By Matthew S. Adams • May 31, 2022

Big tech pushes passwordless for payments

Google, Microsoft and Apple this month began a big, new push in their campaign for a passwordless standard that's aimed at improving digital identity verification, including for payments.

By Lynne Marek • May 27, 2022

Bank of America boosts minimum wage to $22 per hour

The pay raise comes as financial executives across industries are strategizing over how to hold on to employees in one of the tightest labor markets in decades. 

By Robin Bradley • May 25, 2022

How one CFO used ERP to tackle COVID-19 testing

Updating Impact Health’s manual finance systems as demand for testing soared felt like “building a 747 in the air,” CFO Jennifer Herdler said.

By Maura Webber Sadovi • May 25, 2022

Moderna's CFO says scaling, hiring are constraints

David Meline, who joined Moderna as CFO in June 2020, was brought back within the week of his retirement earlier this month to replace the ousted Jorge Gomez.

By Maura Webber Sadovi • May 23, 2022

Finance is a team sport: 4 ways finance leaders can collaborate to deliver insights

In this article, learn more about how you can turn your finance operation into a high-performing team that drives more value across the organization.

By Grant Halloran, Planful CEO • May 23, 2022

Clorox sheds suppliers as COVID-19 inches toward 'endemic phase'

“As that supply chain starts to level out, and we’re able to step out of some of those relationships with material suppliers, that also should reduce our cost,” Clorox CFO Kevin Jacobsen said on the company's third-quarter earnings call.

By Colin Campbell • May 20, 2022

How employers can help struggling hybrid workers

Employers can't just take one approach toward this issue but there are a number of ways to adjust old structures to new work realities.

By Ryan Golden • May 20, 2022

Just 30% of CFO-CIO relationships are 'collegial': Gartner

More collaborative partnerships likely yields better digital outcomes because the CFO and CIO “tend to act like members of the same team instead of creating decision-making friction," the survey report states. 

By Maura Webber Sadovi • May 19, 2022

Cloud adopters hobbled by 'on-premises computing' mindset: McKinsey

Making six “persistent and pernicious mistakes,” many companies waste money and fail to derive the full value from their move to cloud computing.

By Jim Tyson • May 18, 2022

Will Twitter CFO keep role in Musk-led scenario?

While Parag Agrawal referred to himself as a "lame-duck" CEO last week, the jury is still out as to whether Twitter finance chief Ned Segal will stay on if Elon Musk's deal to buy the social media giant closes.

By Maura Webber Sadovi • May 16, 2022

Wayfair CPO shifts to CFO, chief administrative officer role

HR pros, who often have strong leadership skills and high emotional intelligence, can be model candidates for C-suite roles, according to one executive search firm.

By Kate Tornone • May 16, 2022

Companies need to align efforts at disclosure, cybersecurity: SEC attorney

The SEC aims to protect investors from cyber-related risks by cracking down on companies that release misleading disclosures about cyberattacks, according to the top attorney in the agency’s Crypto Assets and Cyber Unit.

By Jim Tyson • May 13, 2022

Lessons from the M&A front lines

Early in the deal-making process CFOs should think big and prioritize but they also need to consider steps for setting the tone after the ink dries.

By David Roberson • May 13, 2022

Inflation pounds small business optimism to 48-year low

While the NFIB said price pressures have eroded optimism, the Federal Reserve warned that rising interest rates may complicate efforts by companies to pay off debt.

By Jim Tyson • May 10, 2022

Chipotle CFO doesn't rule out more food inflation despite pause

Finance chief Jack Hartung said the restaurant chain has raised prices by a total of about 10% for the 12 months through the first quarter compared to 2% in a typical year.

By Maura Webber Sadovi • May 10, 2022

M&A success depends on 'Announcement Day' credibility

Rising prices, higher borrowing costs, stock market volatility and other headwinds have slowed deal-making this year. CFOs considering M&A would do well to consider lessons from more than two decades of transactions, according to authors of a recently published book.

By Jim Tyson • May 9, 2022