28% of big companies have no formal CFO succession plan, finance chiefs say
CFO Dive
JUNE 14, 2024
The dearth of succession plans for departing finance chiefs comes as CFO turnover at public companies has soared this year.
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CFO Dive
JUNE 14, 2024
The dearth of succession plans for departing finance chiefs comes as CFO turnover at public companies has soared this year.
CFO Selections
NOVEMBER 20, 2024
There is no one better positioned to create sustainable financial success inside a business than the CFO. A CFO takes their financial expertise and channels it into a strategic leadership role to create financial success for the company and its stakeholders.
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NOVEMBER 14, 2022
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CFO Dive
JULY 30, 2024
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.
CFO Dive
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The fintech plans to continue its strategy of reducing prices for its customers, which is reflected in its forecast, interim CFO Kingsley Kemish said.
CFO Dive
JULY 25, 2024
Longtime company alum Jaime Martinez will step in as interim CFO as Flex looks to execute on a restructuring plan aimed at improving its operational efficiency.
CFO Dive
APRIL 26, 2023
The seller of women’s handbags is planning to cut as many as two dozen jobs as part of a corporate restructuring initiative targeting $12 million in incremental cost reductions.
CFO Dive
DECEMBER 20, 2022
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CFO Dive
JANUARY 11, 2023
Alcoa’s controller will move to its CFO seat among an executive restructuring plan designed to help the company focus more deeply on cost and innovation.
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MARCH 30, 2023
Alibaba Group’s CFO will stay on as the company evaluates the shape and nature of its planned split into six distinct entities.
CFO Dive
NOVEMBER 8, 2023
The disclosures came as the social networking app provider reported a third quarter net loss of $38 million, compared with $35 million in the year-ago period.
CFO Dive
DECEMBER 11, 2023
It’s a CFO’s job to avoid surprises and when they happen, to be ready with a plan to minimize their impact.
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DECEMBER 4, 2024
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CFO Dive
DECEMBER 6, 2023
The short-term home rental company’s CFO will transition to a new role as Airbnb reaches an “inflection point” with plans to expand beyond its core business.
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DECEMBER 12, 2023
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CFO Dive
APRIL 24, 2023
In a memo to employees from CFO Christine McCarthy that was later leaked, she outlined plans for changes to the structure of the company’s financial team, according to a Business Insider report.
CFO Dive
JULY 6, 2023
CFO Matt Briers took home higher compensation as he prepares to step down from the company. The money transfer service’s CEO also leaving for a planned sabbatical in September.
CFO Dive
APRIL 19, 2024
The manufacturer’s CFO is stepping into the interim CEO seat after Jabil struggled with “revenue headwinds” amid an ongoing restructuring and cost realignment plan.
CFO Dive
APRIL 17, 2023
The India-based grocery delivery service hired Ramesh Bafna as its next CFO. The company plans to go public in the next two years.
CFO Dive
MARCH 6, 2023
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CFO Dive
NOVEMBER 6, 2023
CFO Mike Maguire says the bank is making good progress, as it grapples with a string of high-profile executive departures.
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CFO Dive
OCTOBER 17, 2024
The biotech will also be reducing its total workforce by approximately 33% and tapped its COO to take on responsibilities for finance as part of the restructuring.
CFO Dive
JULY 28, 2023
The pharmacy chain’s controller will take the CFO seat on an interim basis as Walgreens embarks on an aggressive cost-saving plan.
CFO Dive
JULY 14, 2023
Kevin Wills is taking the New York City-based company’s CFO seat as the firm is once again contemplating going public. It shelved previous IPO plans in 2021.
CFO Dive
FEBRUARY 5, 2025
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.
CFO Dive
MAY 11, 2023
The maker of plant-based meat reported a 15.7% year-over-year revenue drop as inflation and shrinking demand weighs heavily on the sector.
CFO Dive
AUGUST 26, 2024
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.”
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CFO Dive
APRIL 5, 2023
The company buyout is part of a GM program aimed at cutting costs by $2 billion by the end of 2024 while avoiding layoffs.
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CFO Dive
FEBRUARY 13, 2024
The vast majority (90%) of finance leaders are projecting higher AI budgets in the coming year, with none planning a reduction, Gartner found.
CFO Dive
FEBRUARY 27, 2023
Midsize businesses are still looking to grow headcount despite macroeconomic challenges, but in order to do so effectively, they need to have a thorough headcount management plan in place, according to TeamOhana’s CEO.
CFO Dive
AUGUST 26, 2024
The uptick in companies looking outside their ranks for finance chiefs suggests a lack of succession planning, Crist Kolder's Josh Crist said.
CFO Dive
SEPTEMBER 6, 2024
While the share of small business owners planning near-term raises ticked down, average pay hikes are on track to outpace inflation, according to QuickBooks’ findings.
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DECEMBER 24, 2024
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CFO Dive
AUGUST 25, 2023
Kenneth Parks’ appointment as CFO is the final piece in GE Vernova’s leadership stack before the company spins off as an independent entity.
CFO Dive
MARCH 29, 2023
CFOs were planning to reduce expenditures before turmoil in the banking system threatened to provoke a credit tightening.
CFO Dive
DECEMBER 4, 2023
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CFO Dive
MAY 9, 2023
A pullback in credit is prompting owners of small businesses to scale back plans for capital expenditures during the next six months.
CFO Dive
OCTOBER 9, 2023
Jamie Miller departed from the Big Four firm just weeks following the failure of its plan to split its audit and consulting business into two distinct entities.
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