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The mortgage finance giant’s new CFO James Whitlinger’s annualized target total direct compensation will be $2.4 million, including $600,000 in salary, according to an SEC filing.
The CFO shift comes as BlackBerry looks to realize $150 million in cost saving actions and to continue its separation plan for its IoT and cybersecurity divisions.
In a volatile economy, CFOs and finance leaders need to do a magic trick. On the one hand, you must pull out every cost-saving trick you can to run the organization efficiently. On the other hand, you need to find ways to motivate and engage your teams so that morale doesn’t take a hit.
Though economic headwinds could accelerate a CFO’s shift to become a strategic leader, “business fundamentals” stay the same regardless, said Salesloft CFO Chris Nagy.
Under his guidance, the finance function adopted new performance measurementsfocusing on recurring revenue, net retention, and churnto manage a transition from traditional licensing to a SaaS model. Agile finance leadership, Maza tells us, is about looking beyond immediate metrics and creating frameworks that drive long-term value.
The company’s head of finance will step in to fill its CFO gap as it continues to battle rising average room rates, with a permanent CFO set to take the seat in April.
As with anything in the world, the finance leadership landscape has been evolving especially following the COVID-19 pandemic which brought about drastic changes into the market. Navigating career transitions As one navigates through the changing landscape of finance leadership, it is important they understand the field they are moving in.
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The CFO swap comes as the defense material provider is looking to continue a two-year hot streak, targeting organic sales growth between 15%-20% for 2024.
The watch and jewelry retailer is bringing in a Radisson Hotel and Icahn Enterprises alum as interim CFO after reporting a 22% drop in net sales for its most recent quarter.
Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
Paul Rouse is CFO and treasurer of Thryv Holdings, Inc., Rouse has an extensive career in finance and has been CFO of Dallas-based Thryv for over 10 years. Global Finance: How has the CFO role changed? Global Finance: How has the CFO role changed? Paul Rouse: The speed of change has been incredible.
We’ll explore how today’s finance professionals can juggle the day-to-day operations while also delivering the long term vision that drives growth. Imagine being a financial leader who not only ensures the books are balanced but also shapes the future of your organization.
Kevin Rhodes recalls one of the earliest lessons in his finance career. Read More This hands-on, data-driven mindset has shaped Rhodess leadership across multiple CFO roles. After earning his MBA at Babson Collegewhile working full-time and supporting a growing familyhe stepped into his first CFO position at age 32.
Sherry House will move into the CFO role as planned after joining Ford in June, when she inked a $4.5 million signing bonus as part of her compensation package.
They work for extended periods with a portfolio of clients to provide the full gamut of CFO services, albeit on a part-time basis. This number currently stands at approximately 114,000, according to Sara Dow, CEO of The CFO Centre and The Liberti Group, and author of Strategy and Leadership as Service. The first has become obvious.
In todays Female Leadership in Finance interview, Ong shares with us her advice for aspiring female finance professionals, the challenges facing her as a finance leader, and how hiking inspires her life and career. FutureCFO: When did you start to become interested in finance? Ong Hui Giap: I guess finance is in my blood.
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The strategic CFO evolution is just one aspect of a wider shift in the responsibilities of the finance function in a tech-first world, Boyden’s Chad Hesters said.
Lavanya Chandrashekar, 52, most recently CFO of beverage company Diageo, will replace Susan Panuccio, who has held News Corp’s finance reins since 2017.
Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System
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The Future of Finance and Sustainability with Elizabeth Burns The evolving demands of sustainability and financial performance are reshaping the role of CFOs in the energy sector. Elizabeth’s approach offers practical lessons for finance leaders navigating this complex and dynamic landscape.
Many finance leaders at this year’s MIT Sloan CFO conference seemed buoyed by recent rate cuts and the prospect of a more business-friendly climate in the offing.
Depending on the company’s structure, the specialized controllers often report to the corporate controller or the CFO, Deloitte’s Kristen Sullivan said.
Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker
Join Wayne Spivak, experienced CFO and corporate finance expert, for an insightful discussion on managing cash flow and company profitability. Your CFO vs. your CPA Statement of Cash Flows vs. Cash Flow Statements, and which one is more important to your business April 6th, 2023 at 9:30am PST, 12:30pm EST, 5:30pm GMT
Finance leadership is undoubtedly not a cakewalk, as it involves various roles for the organisation to grow and drive value. Chief finance officers now work as strategic advisors to the C-suite team, with specific strategies at hand to bring in innovation for the company as a whole.
One of the principal stakeholders who often drive digital transformation is the CFO. This is not surprising, because digital transformation and the adoption of a modern ERP solution benefits both financial performance and operational efficiency, two areas that are particularly near and dear to the CFO job function.
When 2024 ended, its trends and themes for the Finance function certainly did not ceaseas digital transformation , ESG, and cyber security costs continue to dominate the stage for chief financial officers to watch. As the Finance function traverses 2025, the challenges of yesteryear weigh on CFOs' shoulders.
As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”.
Companies are turning to interim financial leadership more frequently as they struggle to fill widening gaps in their accounting and finance functions.
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