CFO Selections

JUNE 3, 2024

Originally published: 8/14/17 Updated: 5/24/24 Preparation and expert guidance are key for successful middle-market business acquisitions, sales, and mergers. In this comprehensive guide to buying and selling businesses, our expert CFOs provide all the finance and accounting information you need when entering into a transaction. It covers: Transaction structures Buyer analyses and considerations Buy-side and sell-side finance/accounting transaction support Buyer-side and seller-side due diligenc

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Finance Accounting Sales Investments 98

CFO Dive

JUNE 3, 2024

Less than a year after taking the permanent CFO seat, Alexandra Brooks is exiting the rental car company as it struggles to manage its bold EV bet.

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CFO 242

Global Finance

JUNE 3, 2024

Ford Motor, one of the pillars of the US auto industry, has mined the electric vehicle subsector for its next CFO. Sherry House, 52, who becomes Ford’s vice president of finance on June 3, joins from Lucid Motors, where she spent three years helping to deploy its first luxury electric vehicle. John Lawler, Ford’s current CFO, who has been promoted to vice chair, will chaperone House in transitioning to the CFO role in 2025.

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CFO Profit and Loss Finance Startups 105

CFO Dive

JUNE 3, 2024

The ex-NYSE CFO will take Navan’s top financial seat as the company sets the stage for a future public offering.

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CFO Planning 184

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

Investments

Global Finance

JUNE 3, 2024

If polls are any indication, French President Emmanuel Macron is on track to be the biggest loser of the upcoming European Parliament elections. On June 6 and 9, some 400 million citizens in all 27 EU member states will be eligible to choose their representatives in the continental legislative body. Not only has Macron’s Renew centrist coalition consistently polled well behind the far-right National Rally party led by the new enfant terrible of French politics, Jordan Bardella, but now it is sta

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Finance Securities Marketing Economics 105

CFO Thought Leader

JUNE 3, 2024

In the early years of Scott Henderson’s career, the dotcom bubble burst, leaving the tech industry in turmoil and many young professionals uncertain about their futures. Despite this chaotic climate, Henderson decided to take a calculated risk by joining another dotcom venture. This time, the company was a modest enterprise with 300 employees and $25 million in revenue.

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CFO Finance Advertising Economics 98

Future CFO

JUNE 3, 2024

The CIMA Foundation says “disaster don’t discriminate, but people do”. The journey to gender parity remains obstructed by a myriad of factors including culture, bias, misconceptions and attitudes. But if the Paris 2024 Olympics is any indication of the possibility, we may have hope that someday, there will be parity between the genders across the finance function, if not the rest of the enterprise, all the way to the C-suite and the Board.

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Leadership Corporate Finance Finance Concentration 95

Nerd's Eye View

JUNE 3, 2024

Welcome to the June 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month's edition kicks off with the news that 'startup' custodian Altruist has completed a $169 million fundraising round as it continues to rebuild the RIA custodial tech stack layer-by-layer while positioning itself as the biggest RIA custodian b

Communication 89

Communication Startups Planning Compliance 89

FISPAN

JUNE 3, 2024

FISPAN’s Founder and CEO, Lisa Shields , attended the Payments Canada Summit 2024 in Toronto. Lisa spoke on an all-female panel of industry leaders to discuss ‘Uplifting the Canadian Fintech Ecosystem.’ She shared the stage with Shirley Hsu, VP of Payments at FreshBooks , Jen Rodrigues, Head of Open Banking at TD Bank , and Layial El-Hadi, Executive Director at Fintech Cadence.

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Banking 81

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

Accounting

CFO News

JUNE 3, 2024

Insurance marketplace InsuranceDekho, backed by investors like TVS Capital and Goldman Sachs Asset Management, will acquire a majority stake in BankSathi, which is a distributor of credit cards and personal loans, two people in the know said.

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Tips Watch

JUNE 3, 2024

Investment firm sees ‘higher and spikier’ inflation looming. By David Enna, Tipswatch.

Investments 89

Investments Treasury Finance 89

Global Finance

JUNE 3, 2024

José Raúl Mulino is the president-elect of Panama, following his victory in the May 5 polls. The balloting saw the highest turnout since the end of military rule in 1989, and with 34.23% of the vote, Mulino beat his closest rival by almost 10 points. “It has been a very difficult campaign full of all kinds of obstacles,” Mulino said. “I will definitely do what I have to do to move this country forward.

Economics 59

Economics Finance Investments Accounting 59

Cube Software

JUNE 3, 2024

Pigment software: an overview Pigment is an all-in-one business planning platform designed to assist businesses in budgeting, forecasting, modeling data, and generating reports to support financial decision-making. It's widely used by executives, finance, and revenue teams to execute strategic finance operations efficiently.

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Budgeting Forecasting Finance Planning 52

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Accounting

Global Finance

JUNE 3, 2024

Discount broker Charles Schwab has hired 33-year Citi veteran Mike Verdeschi as managing director and deputy CFO. Following a transition period, Schwab, which also offers investment management and banking services, plans to promote Verdeschi to CFO when incumbent Peter Crawford retires after 23 years with the firm. Verdeschi has spent the last seven years as Citi’s treasurer, in which capacity he managed a $2 trillion balance sheet, centralized treasury activities and revamped governance.

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CFO Vendor Management Treasury Leadership 59

Cube Software

JUNE 3, 2024

What is EPM software? Enterprise Performance Management (EPM) software is designed to help businesses manage their financial processes more effectively. Think of it as a powerful tool that streamlines everything from budgeting and forecasting to performance analysis.

Budgeting 52

Budgeting Forecasting 52

CFO News

JUNE 3, 2024

As India looks ahead to another term under Modi's leadership, a promising future awaits. With a clear vision and strategic planning, Modi 3.0 pledges to guide the nation towards global economic prominence. By prioritizing manufacturing, infrastructure, employment, and energy security, Modi has committed to fostering a thriving India Inc.

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Prioritization Strategic Planning Leadership Manufacturing 49

Future CFO

JUNE 3, 2024

It is an undeniable fact that chief financial officers now must face matters on sustainability and dedicate ample time to understand the importance of sustainability reporting to harness potential benefits in operations and decision-making procedures. In fact, BNP Paribas says Asian markets are experiencing a surge in sustainable financing, from green bonds to transition finance, highlighting the region’s increasing maturity in sustainable finance with the uptick in biodiversity investments.

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Finance Compliance Auditing Leverage 40

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Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

Reconciliations

CFO News

JUNE 3, 2024

The Opposition coalition led by the INDIA bloc is trailing in Uttar Pradesh with around 29 seats, while the NDA is leading with 47 seats, according to early trends at 9:50 am, having led earlier on. Exit polls predict a decisive victory for PM Modi's BJP and allies over the Congress-led opposition.

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Barry Ritholtz

JUNE 3, 2024

The transcript from this week’s, MiB: Jeffrey Sherman, DoubleLine Deputy CIO , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. Barry Ritholtz : ~~~ Bloomberg Audio Studios, podcasts, radio News.

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Math Marketing Treasury Valuation 57

CFO News

JUNE 3, 2024

S&P PSU Index fell 6% during Lok-Sabha vote counting. Stocks like Cochin Shipyard, Coal India, and SBI saw significant drops. D-Street investors lost Rs 9 lakh crore in 15 minutes as Sensex crashed 2,800 points.

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CFO News

JUNE 3, 2024

Shares of Adani Total Gas, Ambuja Cements, and NDTV also fell around 8% each, while Adani Ports also was trading 7% lower. Despite previous gains fueled by exit polls, the conglomerate faced significant losses, erasing Hindenburg-era deficits but still falling amid market volatility.

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Marketing 40

Speaker: David Warren and Kevin O’Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

Sales

CFO News

JUNE 3, 2024

Manufacturing activity decreased to 57.5 in May from 58.8 in the previous month due to heatwaves and rising costs, as per a private survey by HSBC. The sector saw a softer rise in new orders and output, impacting work hours and production volumes for manufacturing firms.

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Manufacturing 40

CFO News

JUNE 3, 2024

Sebi introduces 'Saathi 2.0': A mobile app revolutionizing personal finance by simplifying intricate concepts and offering essential tools like financial calculators, KYC procedures, mutual fund insights, stock exchange navigation, and a seamless investor grievance redressal mechanism.

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Finance 40

CFO News

JUNE 3, 2024

Of the 341 CEOs in the AP's 2024 compensation survey, 25 are women, the highest number since the survey began in 2011. Lisa Su of AMD is the highest-paid female CEO, earning $30.3 million. The median pay for female CEOs increased by 21% to $17.6 million, outpacing male CEOs whose median pay rose by 12% to $16.3 million. Despite these gains, the highest-paid male CEOs still earn significantly more, and women often face the "glass cliff," being appointed to leadership roles during company

Numbers 40

Numbers Leadership 40

CFO News

JUNE 3, 2024

A new McKinsey report predicts India's travel spending to grow at 9% annually driven by strong GDP growth. Domestic air passenger traffic is set to double by 2030, boosting the domestic travel market to potentially become the world's fourth largest.

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Marketing 40

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

Marketing