CFO Leadership: The Rise of Human-Centric Management

Variations in management styles have been around for as long as business has been done. The relationship between managers and their employees can have direct impacts on production, productivity, morale, and revenue. Experience, upbringing, education, or culture can determine the management styles...

By Adam Zaki • Dec. 9, 2022

CFOs On the Move: Week Ending December 9

  Jessica RossJessica Ross | FrontdoorHome service provider Frontdoor hired Jessica Ross as chief financial officer. She joins the company from Salesforce, where she is currently executive vice president of enterprise strategy and operational excellence. Before that, she was Salesforce's executiv...

By Lauren Muskett • Dec. 9, 2022

South African CFO’s Leap of Faith to Join Texas Health Care Startup

“If you want to grow, you have to stretch yourself to do something different and learn new skills.” Brett Tromp’s high school classmate had been trying to lure him to the United States for years.  The friend, Clinton Phillips, emigrated to the U.S. soon after college and quickly became a successf...

By Sandra Beckwith • Dec. 8, 2022

The Critical Importance of Roles in Career Equity

Many factors can impact employees’ ability to thrive in their roles at work. But one variable often overlooked is the nature of the role, itself. Some roles in an organization are simply better positioned than others to advance career prospects. And it turns out, women and people of color are les...

By Haig R. Nalbantian • Dec. 8, 2022

Small Businesses Have 5M Job Openings

One thing the Federal Reserve Board of Governors has made clear is that removing imbalances in the labor market is sine qua non for fighting inflation. So far, though, progress is barely detectable, especially among small businesses.The imbalance between the supply and demand of workers peaked la...

By Vincent Ryan • Dec. 7, 2022

5 Key CFO Takeaways From MIT Sloan CFO, Ascent Events

The year 2022 is drawing to a close, and CFO had one final opportunity to spend some time with finance executives across all different company sizes and industries. At the Ascent Conference and MIT Sloan CFO Summit, during the final week of November, the topics of conversation revolved technology...

By Adam Zaki • Dec. 6, 2022

CFOs On the Move: Week Ending December 2

  Andrew PageAndrew Page | Foot LockerFoot Locker CFO Andrew Page will transition out of his role following the retailer's fourth-quarter earnings report to pursue other opportunities. Page joined the company in April 2021 from Advance Auto Parts, where he was senior vice president, chief account...

By Lauren Muskett • Dec. 2, 2022

Workplace Trends for CFOs to Watch in 2023

The future of work is dynamic. One would need an entire book to describe the many forces affecting trends in the workplace now and in the years to come. Unfortunately, by the time that book made it to print, its contents would be out of date.  Jesse MeschukSo rapid are the forces of change, many ...

By Jesse Meschuk • Dec. 2, 2022

The 6 a.m. CFO: How PharmChem’s Shana Veale Starts Her Day

Welcome to The 6 a.m. CFO, where finance chiefs share how they jump-start their days and engage with the tasks in front of them.Today, PharmChem's CFO Shana Veale shares the many hats she wears as CFO, who keeps her company during her long hours in the office, and what time she starts her day. (H...

By CFO Editorial Staff • Dec. 1, 2022

People Impact Gap Costing Corporate America $1.8T Annually

The labor market is at the heart of North America’s current economic turmoil. Layoffs in the high-tech sector have become commonplace, and at the same time, wage growth continues and the unemployment rate remains historically low. For every executive team trying to navigate to their year-end fina...

By Ian Cook • Nov. 29, 2022

40% of Executives Say They’ll Quit in 2023: Weekly Stat

Executives across industries, particularly CFOs, are feeling pressure from the teetering of global economies. The pressure of navigating through a harsher economic environment is starting to hit the C-suite hard. A new study from the Workforce Institute at UKG on fixing work surveyed 600 U.S.-bas...

By Adam Zaki • Nov. 23, 2022

Disney CFO Christine McCarthy Lacked Confidence in Ousted CEO Bob Chapek

Walt Disney shocked investors twice in the past two weeks. On Nov. 8, the company announced a substantial loss in its underperforming streaming service. And on Nov. 20, the company announced CEO Bob Chapek had been replaced by former CEO, Bob Iger, who would be returning to the role less than thr...

By Andy Burt • Nov. 22, 2022

Expense-Cutting Triggers Office Space Decisions

Some companies have shrunk their real estate footprints to reflect a need for fewer or smaller offices. More employees working remotely sparked the early wave of that. But now, that’s not the only reason organizations are abandoning spaces. Macroeconomic forces, including inflation, have nudged r...

By Vincent Ryan • Nov. 19, 2022

CFOs On the Move: Week Ending November 18

  Matthew GarthMatthew Garth | Scotts Miracle-GroScotts Miracle-Gro named Matthew Garth as CFO, effective Dec. 1. Garth joins the lawn and garden manufacturer from Minerals Technologies, where he was chief financial officer. He previously held senior financial positions with aluminum company Alco...

By Lauren Muskett • Nov. 18, 2022

CFO Leadership: How to Develop and Practice Empathy

Traditional definitions of empathy refer to it as the ability to “put yourself in another person’s shoes.” However, this is more of a sound byte and doesn’t illustrate empathy's valued nuances. For example, cognitive empathy is the ability to recognize and understand the emotion that someone else...

By Erik Kellener • Nov. 18, 2022

The 6 a.m. CFO: How Premier Claims’ Melissa Hurrington Starts Her Day

Welcome to The 6 a.m. CFO, where finance chiefs share how they jump-start their days and engage with the tasks that are in front of them.Today, Premier Claims' CFO Melissa Hurrington shares how she works best when the airwaves are filled, outlines all the right questions to ask for effective meet...

By CFO Editorial Staff • Nov. 17, 2022

71% of Digital Finance Employees With a Sense of Belonging Plan to Stay in Role

Digital implementation into nearly every facet of how companies function has changed the way business is done. With these changes, employees who not only interact with technology but have their careers fundamentally based on it have developed different needs than their organizational peers.A rece...

By Adam Zaki • Nov. 16, 2022

83% of CFOs Plan to Implement Hiring Freezes: Weekly Stat

As Q4 and 2022 approaches its final weeks, CFO outlook on the overall economy remains low. Alongside large-scale hiring freezes being forecasted in OneSource Virtual’s 2023 CFO Outlook Report, data shows CFOs are putting their staff in the best position to remain productive and not feel overworke...

By Adam Zaki • Nov. 16, 2022

CFOs On the Move: Week Ending November 11

  Deborah ThomasHasbro finance chief Deborah Thomas is retiring after 24 years at the company. Before taking over as CFO in 2009, she was the company’s corporate comptroller and head of corporate finance. Hasbro has started a process to identify her successor, looking at both internal and externa...

By Lauren Muskett • Nov. 11, 2022

Training and Development: The Key to Attracting and Retaining Talent

In today’s competitive employment environment, learning and development programs can make a major impact on both employee retention and recruiting appeal. “The number one issue we see with finance candidates is people are looking to leave because they feel underutilized and believe there's no roo...

By Sandra Beckwith • Nov. 11, 2022

‘Money is Going to End Up in New Asset Classes,’ and Other Thoughts From Iconoclast Summit

A group of individuals, with more combined assets under management than any nation's GDP outside of the U.S., gathered together last week at the inaugural Forbes Iconoclast Summit to exchange their ideas and outlook. Topics ranged from hedges against inflation, hawkishness of the Federal Reserve,...

By Adam Zaki • Nov. 10, 2022

How Startup CFO Grew Food Company 50% YoY

This case study of JonnyPops’ success highlights the unusual financial and operational strategies that enabled rapid expansion into a crowded and highly competitive frozen treat market. 

By CFO Editorial Staff • Nov. 10, 2022

36% of U.S. Workers Plan to Leave Their Job in 2023: Weekly Stat

Despite unpredictable markets and rising interest rates, executives have shown they are still mindful of devoting effort and money toward employee retention. Organizations giving employees flexible work environments and salary raises to keep them from jumping ship in a historically tight labor ma...

By Adam Zaki • Nov. 9, 2022

Tyson CFO Arrested, Reviving Critics’ Concerns Over Inexperience, Conflict of Interest

John R. Tyson, the recently appointed CFO of Tyson Foods, was arrested in Arkansas on Nov. 6, after becoming intoxicated and waking in a home belonging to a woman he did not know. Per a preliminary arrest report, as reported by KNWA, Tyson was discovered at approximately 2:05 a.m. on Sunday. The ...

By Andy Burt • Nov. 8, 2022

CFOs On the Move: Week Ending November 4

  Catherine DunleavyCatherine Dunleavy | AwayCatherine Dunleavy, Away's chief financial officer, was promoted to president of the luggage retailer. Dunleavy joined the company as CFO in October 2020. Dunleavy was previously vice president and CFO of global operations, technology, and strategic in...

By Lauren Muskett • Nov. 4, 2022