CFOs On the Move: Week ending May 1

The Latest

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  Just 28% of finance pros see finance AI tools delivering measurable results

  Larger finance departments view their return on artificial intelligence as even less impactful than smaller ones do.

  Risk

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  Financial trade group creates stablecoin certificate for treasury

  The Association for Financial Professionals has partnered with fintech Kyriba on a new stablecoin certificate course aimed at addressing a “critical gap facing finance and treasury leaders today.”

  Corporate Finance

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  Oil and gas execs don’t expect Hormuz traffic to normalize until August

  As the United States and Iran enforce dueling blockades in the narrow waterway, energy executives are gearing up for a long wait.

  Risk

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  Opinion

  Why enterprise AI still isn’t delivering financial returns

  Companies are pouring billions into artificial intelligence, yet sustained financial impact remains elusive. 

  Risk

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  Innovative financing essential to decarbonizing fashion industry: H&M and EY

  A recent white paper from the clothing brand and consulting firm asks executives to rethink traditional financing models and boost industry-wide collaboration to scale impact.

  Strategy

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  Suppliers to AI companies are big winners of spending surge

  Many of the most successful players in the AI arena, such as CoreWeave, Nvidia and AMD, are making the chips and memory modules that make the technology possible.

  Technology

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  SEC says real estate firm’s ex-CFO ran a ‘Ponzi-like’ scheme: Trial Balance

  John Giarmarco, formerly the finance chief of Voyager Pacific Capital Management, was charged with fraud along with two other executives.

  Corporate Finance

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  CFOs fear health benefit costs are ticking up unsustainably

  In a recently released survey by consulting firm Mercer, 80% of finance chiefs said their organizations couldn’t tolerate health care cost hikes above 6%.

  Outlook

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  CFOs On the Move: Week ending April 24

  Expedia Group hires Snap’s finance chief, Siemens USA promotes an insider to the top finance spot and Fermi’s chief financial officer and CEO step down. 

  People

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  Prudential hits pause on new sales at Japanese subsidiary

  The insurer’s CFO Yanela Frias maintained that Prudential of Japan “will emerge as a stronger, more resilient business that is better positioned to serve consumers.”

  Corporate Finance

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  Finance functions ramp up internal AI budgets

  The key to generating value from artificial intelligence projects within finance is scaling them to full production, according to a new Bain & Co. report. 

  Strategy

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  Tariffs become a ‘permanent planning assumption’ for US execs

  Despite a major legal setback from the U.S. Supreme Court earlier this year, tariffs are still a big consideration in executives’ scenario planning, according to a recent PwC survey.

  Outlook

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  Opinion

  The best AI model still fails 1 in 5 accounting tasks

  DualEntry’s CFO unveils insights from testing 19 AI models on 101 accounting tasks to evaluate their accuracy and efficiency. The results, he writes, “should concern CFOs buying into the hype.”

  Risk

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  A small business CFO’s 10-point checklist before selling the company

  Here’s what it takes to prepare a private company for sale.

  Strategy

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  Opinion

  Your CFO is already your chief risk officer

  In the world of family offices, finance chiefs are uniquely positioned to integrate financial and operational signals into a practical risk management framework.

  Risk

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  New York dispensary brand execs on the nuances of cannabis financing

  Finance chief Roy Cysner and CEO Paul Yau aim to grow their luxury cannabis brand, The Travel Agency, in a complex regulatory environment with limited access to traditional credit.  

  Corporate Finance

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  Georgia biotech CFO found liable for Stanford professor’s ‘malicious arrest’: Trial Balance

  A jury has returned a verdict against medical device maker Chemence, its CFO and two other executives.

  Corporate Finance

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  How Dope CFO is evolving as cannabis finance matures

  Tighter capital, tax pressures and a new generation of accountants are reshaping cannabis finance, say leaders at the cannabis accounting services firm. 

  Corporate Finance

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  Companies lack confidence in using AI for compensation decisions

  So far, organizations are more likely to license general-purpose AI tools than compensation-specific ones to help with pay benchmarking.

  Human Capital

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  CFOs On the Move: Week ending April 17

  Kenvue makes a CFO change amid its Kimberly-Clark transaction, FedEx’s finance chief is stepping down and Cineverse names a new chief financial officer. 

  People

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  Q&A

  How deepfakes and automation are impacting finance

  Yuctan Hodge II, CFO of fraud-fighting group ACAMS, discusses combating deepfakes, risk management and his evolving finance function.

  Corporate Finance

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  Amid Oracle layoffs, a legal grey area in algorithm-driven firing

  Rumors have swirled about the tech giant using an algorithm to target employees with stock options.

  Corporate Finance

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  The 6 a.m. CFO: How Hinge’s Bill Archer starts his day

  Archer highlights the 80/20 rule, shares a favorite “Ted Lasso” quote and discusses what profession he would have pursued if he weren’t a CFO.

  People

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  Private equity-backed CFOs earned average of $604K per year in 2025

  A new report by executive search firm Heidrick & Struggles shows rising cash compensation and shorter tenure for top financial talent at private equity-owned businesses.

  Outlook

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  CFOs express growing alarm over geopolitical instability

  Finance chiefs are prioritizing liquidity buffers and market diversification to mitigate risks amid geopolitical turbulence.

  Risk

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