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"U.S. Securities and Exchange Commission headquarters in Washington, D.C., near Union Station" by AgnosticPreachersKid is licensed under CC BY 3.0
SEC fines Synchronoss’ former CFO Karen Rosenberger $125K due to accounting misconduct
Six other Syncrhonoss employees also received various civil penalties, while the former CEO had to reimburse the company $1.3 million in stock sale profits and bonuses.
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Q&A
Why the CFO of Quincy, Massachusetts calls himself the ‘accidental CFO’
“The pandemic had kind of started. I got a call from our mayor, whose job it is to appoint the CFO, and he told me he had just gotten off the phone with the governor of Massachusetts...[and] he said, ‘Eric, I want you to take over as CFO until this whole thing blows over.’”
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Tax leaders add value when acting strategically: report
Tax leaders should consider how to bolster communications with key organizational leaders to build trust and advocate for resources.
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Like father, like son: How a CFO raised a CFO turned CEO
“I remember [Michael] saying, ‘Dad, what are you still doing there, it’s going nowhere, you have to leave,’ and this is when he was still in high school.”
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Lessons on partnership from Buffett and Munger: Trial Balance
“The two of them had this unique partnership … There's complete trust.”
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CFOs On the Move: Week ending June 14
Chief financial officer changes at MoneyGram, Tyson Foods, SolarWinds, OpenAI and Amy's Kitchen.
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Opinion
4 ways to save the CPA
It’s time to turn the change-resistant reputation of CPAs on its head is now before the talent pool evaporates entirely.
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Q&A
Facing pharma challenges: NervGen Pharma CFO Bill Adams
“Gone for now are the days in 2021 when pharma was taking riskier bets and financing was readily available as an alternative to partnering.”
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CFO tech spend rebounds, hits 2-year high of 3.8% QoQ increase in 2nd quarter: report
A recent PwC survey of hundreds of executives also found 58% of the CFOs they talked to are spending more time on technology investment and implementation compared to a year ago.
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57% of M&A pros weigh ESG impact in potential deals
“We are more frequently seeing ESG considerations being mainstreamed and considered alongside other strategic growth or investment levers.”
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Alphabet names Ashkenazi as new CFO to replace Ruth Porat; awarded $9.9M signing bonus
Ashkenazi will likely be tasked to spearhead Google’s recently announced restructuring of its finance function to pursue more AI initiatives.
Updated June 11, 2024 -
Q&A
Navan’s new CFO Amy Butte appoints chief accounting officer
Trust and respect are the key ingredients in CFO Amy Butte and newly hired CAO Anne Giviskos’ partnership to fuel future growth for the fintech.
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Opinion
Bridging the gap between finance and revenue operations
Effective growth planning requires close collaboration between revenue operations and finance, with unified goals, integrated planning processes and accurate data utilization.
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OpenAI hires former NextDoor CEO Sarah Friar as new CFO, coincides with Apple partnership
“My goal is to help OpenAI continue excelling at what it does best — producing top-tier research and collaborating to maximize the benefits of AI tools for everyone,” Friar said.
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6 Takeaways from the CFO Leadership Council’s Spring Conference
“It was all about being a better leader, being a better strategist, partnering with the CEO and these are things we need to keep reinforcing.”
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Q&A
An investor’s mindset with operations know-how: Appfire’s Alex Triplett
“I see a career as a set of accumulated experiences, so when I left investing for a corporate role, I wanted to build this awesome set of experiences.”
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Epoch Times CFO charged in $67M fraud scheme; Moody’s Mark Zandi on US rate cuts: Trial Balance
This morning, Moody’s chief economist Mark Zandi commented on the health of the U.S. economy and what the Fed might be waiting for to cut interest rates.
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Q&A
Portillo’s CFO Michelle Hook shares secret sauce for restaurant growth
“I have to be passionate about the brand, and I have to fit the culture. If those two don't exist, I'm not going to join.”
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Chemours names Shane Hostetter as new CFO following executives’ code of ethics violations
Hostetter takes over as finance chief as the company looks to move on from code of ethics violations by its CEO, CFO and principal accounting officer stemming from Q4 of last year.
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CFOs On the Move: Week ending June 7
New CFOs at Hertz, Aon, Alphabet, Liquid Death, Flutter Entertainment and more.
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The 6 a.m. CFO: How AvePoint’s Jim Caci starts his day
“My ability to be in the trenches with our team when there’s hard work to be done is what sets me apart and has led to successful teams.”
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Days sales outstanding: A critical lever for managing cash flow: Metric of the Month
Get cash more quickly by reducing the time between invoice processing and customer payment.
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6 Questions for the CFO Leadership Council’s Spring Conference
This week’s event will involve discussions around talent issues, AI and CFO collaboration.
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Detroit Riverfront Conservancy CFO fired over $40M missing from nonprofit
Despite the conservancy’s record revenue in 2022, mainly derived from grant money and donations, an apparent cash shortfall triggered an independent forensic audit, which was later handed off to the FBI.
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Q&A
Liquid Death’s new CFO Karim Sadik-Khan creates killer financial strategy
“None of the other brands in our industry are doing what Liquid Death is doing right now. We’re giving away a jet — for real.”
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