Financial News and Analysis | CFO Dive
WEBApple taps insider to succeed longtime CFO Luca Maestri. The Cupertino, California-based tech giant said Kevan Parekh — its VP of financial planning and analysis — would become CFO as part of a “planned succession.”. CFO Dive provides in-depth journalism and insight into the most impactful news and trends shaping the finance industry.
Financial Leadership News - CFO Dive
WEB2 days ago · The latest financial leadership news for CFOs. EPA issues violation notice to ADM over carbon sequestration permit The violation relates to corrosion in a monitoring well at the agricultural supply chain company’s second injection site that has since been plugged and did not affect surface or groundwater, ADM said in a statement.
Alphabet’s ‘longest-serving’ CFO Ruth Porat pivots to new role
WEBJul 25, 2023 · Dive Brief: Ruth Porat, CFO of Google and its parent Alphabet, is stepping down from the top finance role but staying on to assume a newly created dual role of president and chief investment officer of both entities, effective Sept. 1, according to a company press release Tuesday.. Porat took the finance reins in May 2015, making her the company’s “longest-serving” CFO, Alphabet’s ...
Women rise to five-year high in CFO appointments
WEBAug 14, 2024 · The number of women appointed as CFOs globally reached a five-year high in the first half of this year, although they remain underrepresented in the role, according to a recent report by leadership advisory firm Russell Reynolds Associates. Of the 163 CFOs appointed in the first six months of the year, 44 were women, a 33% increase over the ...
When the CFO departs, who steps up? | CFO Dive
WEBJun 17, 2020 · In the liminal space between departing CFOs and hiring their replacements, companies often turn to a more temporary fix: an interim CFO, usually from within the finance department. Both Cole and Crist agree the interim finance chief is unlikely to keep the title. “Off the cuff, their chances are around 10%,” Cole said.
Financial Compliance News - CFO Dive
WEBSep 4, 2024 · NJ law firm asks court to dismiss ex-CFO’s Chap. 11 bankruptcy case. The ex-CFO, who pleaded guilty to embezzling $1.5 million from his former employer, filed the petition for bankruptcy to delay pending litigation, the motion argues. By Grace Noto • …
Deep Dive | CFO Dive
WEBMay 21, 2024 · Seeking ‘Goldilocks’: 5 CFO trends for 2024. Financial executives in the new year must protect profits by adapting to trends ranging from falling price pressures and borrowing costs to federal disclosures on carbon emissions. Jim Tyson • Jan. 9, 2024.
Building constructive partnerships to drive digital transformation
WEBAug 16, 2024 · The energies of a CFO should now be focused on making sure the adoption of new capabilities is carried out effectively, and that means building a constructive relationship with IT and Data Management. Effective digital transformation today means making a much deeper commitment than just buying a new IT product or upgrade, and it …
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Why CFOs should partner with IT to drive enterprise digital ...
WEBAug 21, 2023 · For ego-less, boundary-less decision-making across teams, 52% of finance and IT leaders say they must share technology platforms capable of scaling over time and fueling further alignment. This means replacing siloed, legacy point solutions and implementing broad-use enterprise systems that all teams can leverage in their day-to-day.
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