The Latest
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CFOs On the Move: Week ending Sept. 25
Diageo hires WPP’s finance chief, Endava places CFO on leave amid accounting investigation and Adyen taps Klarna's chief financial officer.
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If AI takes on junior-level work, how will CFOs develop talent?
Teikametrics CFO Brian Beaupre is changing how he evaluates young candidates. Meanwhile, a discussion on The Accounting Podcast asks where they’ll gain the judgment senior roles require.
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Demand for AI expertise far outpaces wage growth
New hires with advanced technical capabilities are getting a bigger pay premium than existing workers who upskilled.
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Ex-CFO of firm running social accounts for Trump named in embezzlement suit
X Strategies, which is reportedly behind several popular social media accounts for the president, has sued co-founder and former CFO Derek Utley.
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Q&A
Float CFO on the credit risk behind rising AI revenue
Jannis Koehn explains why a fast-growing AI company can still be a risky borrower, and when he advises founders to raise equity instead.
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Opinion
Why smart executives still get return-to-office wrong
They own the playbook to fix their office attendance policies. They just haven’t opened it yet.
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CFO optimism held steady in Q3, but ‘warning signs’ emerge: Duke-Fed
In the latest quarterly survey, finance chiefs showed concern for rising interest rates and inflation despite general optimism for the U.S. economy.
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Nearly half of CFOs say they’d go with AI over a gut feeling
In a survey by enterprise planning firm Board, finance chiefs were likelier than CIOs and COOs to follow a recommendation from an AI tool when if it “conflicts with their instinct.”
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Inside the Canadian midmarket CFOs’ struggle to make AI work
Finance leaders at a recent CFO Alliance gathering in Toronto said they are finding hidden costs and new risks as AI experiments move closer to core financial systems.
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Q&A
G2’s CFO says SaaS expos may become obsolete
Alex Bradley told CFO.com how AI is changing the software purchasing process and pulling many finance chiefs further into the buying process.
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Following failed CEO ouster, Automattic names a new CFO: Trial Balance
Jeremy Klaperman has been appointed interim finance chief of Automattic, parent company of WordPress.com, Tumblr and other internet brands.
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Forecast for AI’s global economic impact by 2035: $4.7T
It took the internet twice as long to realize less than a third of that impact, says Bain & Co.
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Shadow AI use booms, finds new Deloitte survey
One in three U.K. workers are using generative AI for work of their own accord, according to a Deloitte survey of 25,000 workers.
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CFOs On the Move: Week ending Sept. 18
Former Waymo CFO joins self-driving startup Wayve, Hub Group names a new finance chief and Flowserve’s chief financial officer heads to Flex.
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Q&A
Culligan CFO on the flow toward cleaner, sustainable water
Andy Kellogg explains how changing consumer habits are shaping the 90-year-old company’s growth and investment priorities.
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Why an Atlanta Braves shareholder is pushing for a sale
Breach Inlet Capital Management, which has a stake in the team, cited big-ticket sales of other sports teams and tax code changes around executive compensation.
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One in 10 procurement officers have no shared metrics with CFOs
A new survey of American and British business leaders reveals recurring gaps between procurement teams and finance teams.
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Risk oversight shifts into a full board priority
Increasingly complex risk profiles lead boards to expand focus beyond risk and audit committees, finds a new Ernst & Young report.
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Mastercard CFO seeks international growth
The company’s new chief financial officer presented his view of stablecoins, growth and acquisitions at an investment bank conference last week.
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Massachusetts town ex-CFO’s suit is partially dismissed
Despite the ruling, Anthony Ansaldi’s whistleblower claim against the town of Concord is still likely to proceed to trial.
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Opinion
When reasonable decisions don’t add up
What happens when every assumption passes its own test, but the accumulated result doesn't make sense for the business?
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Only 35% of AI usage time is productive, workers say
Executives spend almost twice as much time working with artificial intelligence tools as other employees.
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Doximity’s ex-chief revenue officer to pay nearly $500K to SEC: Trial Balance
Paul Jorgensen has been ordered to pay the sum in the wake of allegations of insider trading.
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Intuit CFO outlines bid to build an ‘end-to-end consumer platform’
Speaking at a Goldman Sachs conference on Thursday, Sandeep Aujla said Inuit aims to retake market share in the consumer tax space and attract business customers.
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CFOs On the Move: Week ending Sept. 11
HSBC's finance chief to step down in 2027, Polymarket names a former Amazon exec as its first CFO and CME Group promotes its accounting chief to CFO.