The Latest
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UNFI Names New President and CFO
The wholesaler and retailer said Giorgio “Matteo” Tarditi is assuming both positions as it parts ways with current finance chief John Howard.
Updated March 6, 2024 -
3 CFO Strategies for Getting Paid Faster: Metric of the Month
Leading organizations use these three strategies to get faster payments from customers.
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Futures Pricing Implies 42% Chance of Two Rate Cuts by July
“If the economy evolves broadly as expected, it will likely be appropriate to begin dialing back policy restraint at some point this year,” said Jerome Powell.
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ESG Reports Make Middling Progress
“The goal of sustainability disclosure must be information, including the process to prepare it, that is on par with financial reports.”
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Cost Management a High Priority in 2024
“This is a holistic cost challenge — one that's built up over five years of very rapid adjustments that companies have had to make.”
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CFOs and CIOs Should Lead Together to Accelerate Strategic Technology Use
Opportunities for successful CFO and CIO collaboration is increasing as technology and corporate strategy become entwined more than ever.
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Powell on Capitol Hill, Climate Disclosure Vote, and Metric of the Month: Trial Balance
APQC’s CFO Perry D. Wiggins shares three strategies to avoid a cash-flow crunch in his Metric of the Month column out on Wednesday.
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Preparedness, Parents, and 150 Hours: CFOs’ Hiring Challenges in 2024
Fifty-eight percent of employers said recent college graduates are unprepared for the workforce, according to an Intelligent report.
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Former Long Island School CFO on Trial For Stealing $8.4M
The ex-CFO used the funds to afford a “lavish lifestyle,” according to the Suffolk County ADA Jessica Lightstone.
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Craighead, Shealah. (2020). "President Trump Tours a Lordstown Motors 2021 Endurance" [Photograph]. Retrieved from Flickr.
Supply Chain Mistake Part of Lordstown Motors SEC Case
Lordstown misrepresented its timeline for delivering the Endurance electric pickup truck by failing to account for production delays due to parts problems, the SEC said.
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Today’s IPO Requires Preparation, Communication, and Profitability
“An IPO's true success hinges on a compelling story — a clear vision, a differentiated product, and a leadership team that inspires investor confidence."
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CFOs On the Move: Week Ending March 1
New CFOs at Philips, Knight-Swift Transportation, Xometry, and more.
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The 6 a.m. CFO: How York Solutions’ Donna Ebeling Starts Her Day
“I find you cannot replace face-to-face meeting time. That time is truly priceless.”
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Q&A
Stretto CFO Peter Bonfiglio: Learn to Be a Good Storyteller
“[After my first job] I learned quickly that fast-growing companies generate more career-growth opportunities than more mature firms.”
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Women Continue Their Gains at the CFO Position: Study
The number of women CFOs at Fortune 500 and S&P 500 companies climbed to nearly 19% in 2023, according to Crist|Kolder.
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1 in 4 Employees Say Financial Stress Lowers Their Productivity: Report
Thirty-seven percent of employees say they’re taking on more credit card debt to make ends meet, up 12 percentage points from 2022.
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Global Pension Pot Swelled by 11% Last Year: Report
“This global growth is not yet rapid, but it is far better than the experience a year before.”
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Cloud Intrusions Spiked 75% in 2023, CrowdStrike Says
The majority of cloud intrusions directly attributed to a threat actor last year were financially motivated.
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Opinion
5 Things SaaS CFOs Need to Know About B2B Go-to-Market Strategies
Competitive pressures are making the B2B market more complex than ever.
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59% of Accountants Make Several Errors Per Month: Report
Fewer accountants handling increased workloads are leading to more errors, suggests a new survey.
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Warren Buffett Lowers Expectations, PCE Data Arrives, and Stretto’s CFO: Trial Balance
This week, we look forward to personal consumption expenditure inflation data and Stretto’s finance chief recounting his journey to the CFO seat.
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Ticking Tax Clock: CFOs Address Tax Policy Politics and Hidden Taxes
This is the second article in a two-part series about how domestic and foreign tax rules influence strategic decisions made by CFOs.
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Q&A
Generation West Virginia CFO Candice Holcomb: Solving ‘Brain Drain’ in the Mountain State
“I’ve focused on articulating data without jargon, in ways that everyone can understand and be able to take action from.”
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CFOs On the Move: Week Ending Feb. 23
CFO changes at Planet Fitness, Meati Foods, Zevia, Jazz Pharmaceuticals, and more.
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CFOs Can’t Be Lax About Taxes: 3 Concerns in 2024
“Public company CFOs must ensure they are getting the right tax advice on an ongoing basis. Taxes become part of the CFO’s decision-making toolbox,” tax consultant Gary Morrison said.