The Latest
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Alphabet names Anat Ashkenazi as its new CFO to replace Ruth Porat
Ashkenazi will likely be tasked to spearhead Google’s recently announced restructuring of its finance function to pursue more AI initiatives.
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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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Top people risk for 2024: health costs
“Risk management now requires a wider ecosystem view that identifies and addresses issues ... and takes account of the wider communities in which a business operates.”
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52% of CFOs say employee turnover remains a top problem: Trial Balance
According to a new CFO poll, most finance chiefs are still battling employee turnover.
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Q&A
Travel and expense unicorn Navan names Amy Butte as new CFO: ‘Let’s go’
Butte shares what brought her back to the operations side of the industry following years in an advisory role, what she has learned about IPO readiness and what excites her most about the opportunity.
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CFO Peer Audit: What would you do with 4 extra work hours?
CFOs from OnlyFans, Multiplan, Universal Technical Institute and more chime in.
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CFO Leadership Council’s 2024 Spring Conference reading preview
A collection of stories that relate to the topics of discussion at the upcoming CFOLC Spring event in Boston.
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Q&A
Accounting can learn from skilled trades workforce: Universal Technical Institute’s CFO Troy Anderson
“I strongly believe it’s incumbent upon employers and leadership to continue looking at ways to motivate people to enter their respective fields and create an environment where people want to be there and be successful.”
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Peacocking, newskilling and digital detox: 9 new workplace trends CFOs must know
Don’t be surprised if you're told a story about a leader being handed a doctor’s note saying their patient, and your employee, must digitally unplug for the sake of their health.
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PwC partners with OpenAI, rolls out ChatGPT Enterprise
The Big Four audit and advisory firm places its bets on employee implementation and reselling of the technology, but questions remain as to finance teams’ willingness to adopt the emerging technology.
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64% of business leaders have concerns with hiring recent college grads: report
Twenty-two percent of business leaders are less likely to hire recent college graduates who participated in pro-Palestine protests, found new data.
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40% of executives say AI not ready to achieve accurate outcomes: report
Only 12% of responding executives said they have deployed AI company-wide.
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Opinion
How CFOs can become strategic changemakers
The changemaker CFO focuses on profit, people and sustainable practices.
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34% of KPMG tax, audit and advisory interns plan to stay 5 years at first job: report
Ninety percent of KMPG’s Gen Z interns said the biggest misconception about their generation is that they are lazy and have no desire to work hard.
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CFOs On the Move: Week ending May 24
New CFOs at Anthropic, VF Corporation, Jabil, CEC Entertainment and Ralph Lauren.
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Q&A
From the ranch to the C-suite: Xactly CFO Jason Godley
“Uncertainty is one of the more common challenges faced by every CFO, so being able to navigate through it is ever more critical.”
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CFO turnover continued to rise in Q1, up 14% YoY
2023 was the fourth straight year of increased CFO appointments.
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The CFO’s changing role: problem-solving, tech and leadership — report
CFOs are prioritizing finance strategy to manage growing responsibilities and ensure long-term scalability and resilience.
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62% of CFOs say strategic planning is most valued skill: report
Thirty percent of CFOs have started working on succession plans and 19% have plans but no successor identified, according to a Travelers report. These numbers can leave organizations exposed.
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The 6 a.m. CFO: How ServiceRocket’s Joy Mbanugo starts her day
“Leadership is the most important factor in whether a team succeeds or fails.”
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Multinationals add retirement plans in risky countries: study
There is an estimated $19.5 billion in IPP/ISP assets under management globally, an increase of 33% since 2018.
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How CFOs and CIOs can collaborate to optimize software spend
CIOs and CFOs increasingly see one another as allies as they get intentional about technology spend strategy.