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

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

The Growing Accountant Shortage: How CFOs Can Attract Talent

It’s time to re-brand the accounting profession. That’s the advice of public accounting firms, staffing agencies, and corporate accounting chiefs in response to a shortage of accountants caused by voluntary job resignations, the retirement of Baby Boomer accountants, and perceptions among young p...

By Russ Banham • Nov. 4, 2022

The 6 a.m. CFO: How JonnyPops’ Connor Wray Starts His 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, JonnyPops' CFO Connor Wray shares tips on how he keeps an even keel under pressure despite being fuelled by caffeine, how he's always up for a foosball c...

By CFO Editorial Staff • Nov. 3, 2022

CFOs On the Move: Week Ending October 28

  Georges Elhedery Georges Elhedery | HSBCGeorges Elhedery was promoted to finance chief of HSBC. Elhedery joined HSBC in 2005 as a senior global markets executive and was most recently co-head of global banking and markets. Elhedery replaces Ewen Stevenson, who will step down at the end of Decem...

By Lauren Muskett • Oct. 28, 2022

3 Steps to Build a Better CFO-CMO Relationship

A century after merchandiser and advertising expert John Wanamaker’s 1922 passing, modern technology would have provided clarity to the adage attributed to him: “Half the money I spend on advertising is wasted; the trouble is I don’t know which half.”Chances are that his CFO would have appreciate...

By Fred Ehle • Oct. 27, 2022

CFOs On the Move: Week Ending October 21

  Anne BrammanAnne Bramman | Nordstrom Nordstrom chief financial officer Anne Bramman will leave the company on December 2. She was named CFO of the retailer in 2017 and has previously held CFO positions at Avery Dennison, Carnival Cruise Line, and Henri Bendel. Michael Maher, Nordstrom's senior ...

By Lauren Muskett • Oct. 21, 2022

5 Ways to Improve Pay Equity

Employees, shareholders, and many other stakeholders are beginning to see pay equity as a fundamental expectation among public and private companies, and for good reason. A more equitable pay practice drives better attraction and retention of talent, a more diverse culture, and through that, bett...

By Jesse Meschuk • Oct. 21, 2022

The 6 a.m. CFO: How CFO Centre’s Benjamin Joseph Starts His 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, CFO Centre's Benjamin Joseph shares his advice on his passion for the true peaks in life, his favorite music to work to, and his connection to infinity. ...

By CFO Editorial Staff • Oct. 20, 2022

Health Care Cost Increase Projected to Slow to 6.5% in 2023

As health care costs are projected to rise in 2023 worldwide, according to the Willis Towers Watson's 2023 Medical Trends survey, North America is the lone region that is projected to a smaller increase  in health care costs in 2023.While inflation and increased healthcare utilization will cause ...

By Adam Zaki • Oct. 19, 2022

Beyond Meat’s New CFO, Executive Shakeup a Move to Repair Reputation and Finances

 After seeing its stock price fall 88% in just over a year, Beyond Meat has juggled both financial and public relations challenges, as the plant-based “meat” company is in the midst of an overhaul in leadership. These changes are likely spurred in part by both public embarrassments as well as fin...

By Adam Zaki • Oct. 17, 2022

CFOs On the Move: Week Ending October 14

  Carl AndersonCarl Anderson | XPO LogisticsXPO Logistics named Carl Anderson as CFO ahead of the transportation and logistics service provider’s spinoff of its brokerage business later this year. Anderson was previously chief financial officer of auto parts supplier Meritor. His 25-year career i...

By Lauren Muskett • Oct. 14, 2022

The CFO’s Role in Leadership Development

As we find ourselves in a period of economic uncertainty, CFOs are tackling tough challenges and difficult decisions. While learnings from the past two years offer some clues, the scale and scope of the current challenges call for a fresh look at the factors that will yield results on business go...

By Michael Pickrum • Oct. 14, 2022

It’s All About Work-Life Balance: CFO Kevin Bueso

Whether it is volunteering with local organizations, teaching English as a second language computer classes, donating his time to assist school districts with budgeting decisions, or raising his children, McHenry County (Illinois) CFO Kevin Bueso has the ultimate work-life balance. When speaking ...

By Adam Zaki • Oct. 13, 2022

CFOs On the Move: Week Ending October 7

Kim JonesKim Jones | Spanx Womenswear brand Spanx promoted its president and CFO, Kim Jones, to chief executive officer. Jones has a 15-year tenure with the company and was named CFO in 2016. Before Spanx, she was the CEO of Sweetwater Brewing, and, earlier in her career, she held finance positio...

By Lauren Muskett • Oct. 7, 2022

CFOs Balance Benefits of Wellness Options While Maintaining Employees’ ‘Value of Choice’

For businesses of all sizes and industries, managing employees can be difficult. In today's historically tight labor market, with employees empowered to desire more than just a paycheck, companies have begun to offer different incentives to lure potential candidates as well as retain top talent.W...

By Adam Zaki • Oct. 7, 2022