The Latest
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CFOs On the Move: Week ending May 3
New CFOs at Manchester United, PODS, Cognex, A+E Networks, and more.
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Stripe unbundles financial products as payments processing industry shifts
The payments processing company adjusted its strategy which, according to QED Investors Partner Laura Bock, “aligns with what we are seeing in the fintech landscape at large — businesses increasingly demanding flexibility.”
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53% of CFOs have adopted or are adopting ESG principles: Report
“CFOs are bracing for a year in which ESG risks are not just a boardroom buzzword, but a critical business reality.”
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Only 37% of CFOs have a positive short-term economic outlook: Report
However, the majority of CFOs say the the U.S. economy’s long-term economic outlook is positive.
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Chemours CFO Jonathan Lock resigns following code of ethics violations
Lock will forfeit his severance but retain company stock options that were vested prior to resignation.
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Opinion
5 CFO priorities to navigate unsteady market conditions
Here’s how CFOs can deliver profitable business outcomes despite economic uncertainty.
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Raymond of New Jersey CFO in court over Williams Sonoma contract fraud
“Greed can easily overtake one’s ability to be content. Mr. Nardone abused his position as the Chief Financial Officer and conspired with others to secure favorable contracts only to end up in court.”
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Jamie Dimon and NerdWalletâs CEO talk inflation and access to capital: Trial Balance
This week, Dimon discusses the changes of a soft landing, the Fed meets for its latest interest rate decision, and April’s job report is released.
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28% of companies involved in M&A lack key people retention plans
Forty-four percent of acquiring companies selected at least half of C-suite executives to sign retention agreements.
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CFOs On the Move: Week ending April 26
New CFOs at Dave & Buster’s, Nordson, Clover Health, Simpro, and more.
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Q&A
Mastering the IPO: Lacework CFO Andrew Casey
“Recent listings suggest that the IPO window may be opening up.”
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88% of CFOs say FTC noncompete ruling will have no impact on their career trajectory: Poll
Poll findings indicate that CFOs do not see the new FTC noncompete ruling as a threat to retaining top finance talent.
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The 6 a.m. CFO: How Kompriseâs Craig Gomulka starts his day
“I'm a strong believer in the importance of leading by example, meaning, your actions speak louder than your words.”
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26% of finance leaders expect a dramatic drop in GenAI hype: Poll
Finance leadership’s excitement around AI and its associated automation tools may be dwindling, data from The Daily Balance suggests.
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FTC to ban noncompetes
The FTC said the rule, expected to take effect as soon as late August, received overwhelming public support during a comment period.
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4 Keys to improve your M&A playbook, post-acquisition
CFOs should build an M&A playbook based on past lessons learned.
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35% of employees would take less pay for non-toxic workplace: Report
Nearly half of employees said favoritism is inhibiting their ability for a fair shot at career growth, according to an INTOO survey.
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5 Time-saving strategies for CFOs to unlock greater potential
CFOs should go above functional expertise to gain real strategic impact.
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8 Ways CFOs can lead sustainability initiatives
CFOs are positioned to take a leading role in sustainability management and reporting activities.
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ADMâs CFO to resign amid DOJ investigation
The 20-year veteran of the company will stay on in a “non-executive” capacity until later this year.
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Return to office trends, PCE data, and Laceworkâs CFO: Trial Balance
This week, we look forward to critical readings on economic growth and inflation.
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CFOs navigate the weeds of cannabis accounting to drive industry growth
“When controlling growth, we advise to test the market first before they go out and spend a ton of capital.”
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CFOs On the Move: Week ending April 19
New finance chiefs at Exact Sciences, Siemens Government Technologies, and Bloom Energy.
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Q&A
OnlyFans CFO Lee Taylor: Building scalable finance to lead creator economy
“One of the unique things about OnlyFans is its self-funding. We have always been profitable and cash-generative.”
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David Ostrove, former Long Island school CFO, sentenced up to 25 years
Ostrove was referred to as “a charlatan and a brazen thief” by State Supreme Court Justice John Collins.