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The former CFO of GigaTrust faces a maximum sentence of five years in prison for his role in a conspiracy to defraud investors and lenders, including by fabricating bank statements.
The security technology provider will pay a weekly $50,000 fee to AlixPartners in exchange for the services of its director David Rawden as interim CFO.
CFO Kfir Lippmann began his career at Ernst & Young in Tel Aviv, auditing high-growth tech clients and navigating the intricacies of IPO-bound businesses. Now as CFO of Salt Security, he applies the same philosophy of aligning metrics with execution to drive both rapid expansion and operational discipline. Salt Security www.
A cybersecurity suit filed by the SEC names the company’s chief information security officer as a defendant but not its CFO, although the agency previously put both executives on notice.
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.
The company's launch last year of the the first digital security token to be registered with the Securities and Exchange Commission serves as a blueprint for other companies that may be looking to raise capital from alternative assets.
Security Concerns : Older systems often lack the security features needed for real-time data encryption and compliance. Leverage Cloud-Based Solutions : Cloud platforms offer flexibility, scalability, and security, making integration smoother. Ensure Data Quality : Conduct regular data audits to support seamless integration.
From securing funding to managing research and development costs, these companies need access to experienced financial expertise. This is where the support of a fractional Chief Financial Officer (CFO) services can be a valuable asset.
Security company ADT is shuffling its executive suite, with former CFO Jeff Likosar becoming its chief transformation officer while Ken Porpora takes on the company’s top financial seat.
As CFO, my job is not only to track financials, but also to empower cross-functional teams to make informed decisions, Maza says. ” Lior Maza, CFO, Priority Software Maza: Priority is primarily a cloud ERP company, established almost four decades ago (in 1996). “Fall in love with change. Don’t just adapt; lead it.
Anthropic is getting its first-ever finance chief as the company attempts to crack AI’s “black box” in the face of growing ethical and security worries.
Companies’ reliance on manual, rather than automated, business-to-business fraud prevention measures is providing an opening for scammers, according to Trustpair CEO Baptiste Collot.
“To become a CFO, focus on building a strong foundation in finance, accounting, and strategic management. Seek mentorship from leaders and CFOs around you to gain insights into their decision-making processes. We operate at the intersection of compliance and security in a space we pioneered, called trust management.
Since January 2023, Boudewijn van Schak has been CFO of Amsterdam-based Avantium. Boudewijn van Schak: I dont have a traditional CFO background. Transitioning from my previous roles in banking and at SBM Offshore in oil and gas to a CFO role with a broad portfolio was a significant step. Van Schak: Yes and no.
By partnering with major customers like ExpressPros and Xero, Deputy secured $50M in strategic investments, unlocking new distribution channels and fostering deeper customer relationships.
Corporate directors and investors differ when identifying the biggest issues this year, with directors focusing more on the economy and capital allocation, EY said.
Tony Jarjoura, now CFO of Gigamon, found himself surrounded by audit committee members as a dense, highly technical tax strategy unraveled before them. Theres an increasing amount of nefarious activity happening within lateral movement, and having the right tools is essential for monitoring and securing those internal data packets.
Almuth Steinkhler has been CFO of SCHOTT Pharma, which designs drug containment products and drug delivery systems for pharmaceutical and biotech companies, since August 2022. However, for a CFO, the real deal starts at day one after the listing day. Steinkhler previously worked at ThyssenKrupp and Continental AG.
Streamlining global financial management for growth, compliance, and stability comes hand in hand with an organisation's expansion, a benefit offered by cross-border virtual CFO services. The post The benefits of cross-border virtual CFO services appeared first on FutureCFO.
The company is looking to beef up some of its key teams amid growing business demand for tools to keep pace with constantly evolving data privacy requirements.
As consolidation among so-called hyperscalers such as AWS, Google Cloud and Microsoft Azure grows, federal authorities are raising concerns over cloud dependence in critical sectors.
These are the three Ps that guide CFO Zach Johnsons data-driven approach to financial leadership. ” Zach Johnson, CFO, Cribl CFO Playbook: Prioritizes holistic metrics (like Rule of 40) to balance growth and profitability. Johnsons career journey provides the context for this unique framework.
QIA, established in 2005 with the target to create long-term value, invests across nine sectors: retail and consumer; technology, media and telecoms (TMT); liquid securities; infrastructure; financials; funds; healthcare; industrials; and real estate. GF : Is there any concern about moving to the cloud, from a security point of view?
When it comes to securing funding, your budget serves as a narrative tool, helping funders understand your mission, your needs, and your impact. Resist the temptation to take on new projects simply to secure fundingit can dilute your mission and strain your resources. Whats New at The Charity CFO? Get the free guide!
Splunk alum Jim Lejeal will join Square veteran Cyndy Lobb at Forter as the platform looks to boost its revenue amid a widening spotlight on digital payment security.
Members’ Profile: Rofhiwa Irene Singo In this edition of our CFO Spotlight series, we are featuring Rofhiwa Irene Singo, an accomplished finance leader whose journey is a testament to resilience, adaptability, and impactful leadership. What key skills should a newly qualified accountant develop on their path to becoming a CFO?
QIA, established in 2005 with the target to create long-term value, invests across nine sectors: retail and consumer; technology, media and telecoms (TMT); liquid securities; infrastructure; financials; funds; healthcare; industrials; and real estate. GF : Is there any concern about moving to the cloud, from a security point of view?
The moment 2X secured private equity backing in March 2023, CFO Brandon Sullivan knew expectations would shift overnight. We consistently hear from CMOs who face the same impossible equation: My CFO just told me we need to increase revenue by 20% and cut our budget by 20%. Theres gonna be a press release, he remembers thinking.
Tempesta’s resignation marks the latest in a series of relatively short-tenured finance chiefs for Cerence as it faces a securities class action lawsuit and slumping revenues.
The Key to Effective Risk Management in Business with Chris Weeks, CFO Center UK In the latest CFO Club podcast, we had the pleasure of hosting Chris Weeks from CFO Center UK. Meanwhile, Netflix identified the opportunity and successfully transitioned to a subscription-based model, securing long-term success.
Today, as CFO of Mytra AI, Gantus tells us she carries forward the mindset that met success at Tesla. She now steers Mytra AIs efforts to secure large warehouse contracts and streamline supply chain workflows, forging growth paths. “Always stay connected to the details. Mytra | www.mytra.a
In today’s fast-paced digital landscape, the role of a Chief Financial Officer (CFO) in the financial services industry has evolved significantly. No longer confined to traditional financial management, CFOs now play a pivotal role in safeguarding their organizations against increasingly sophisticated cyber threats.
A House panel wants to question Brad Smith, Microsoft’s president and vice chair, over the company’s security shortcomings and how it plans to strengthen security measures.
Elizabeth Burns, CFO of Gas du Cameroon (GDC), exemplifies this balance, demonstrating how strategic financial leadership can support environmental responsibility. Similarly, Pieter De Jager, CFO of Tanga Cement, pointed to the complexity of transitioning to renewable energy sources. Elizabeth, thank you so much for joining us.
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