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.
Default rate will rise this year, Moody’s says - CFO Dive
WEBFeb 15, 2022 · Dive Brief: T he default rate for speculative-grade corporate debt will gradually rise to 2.4% by the end of 2022 from 1.7% at the end of last year, remaining well below the 4.1% long-term average as companies navigate monetary policy tightening in many countries, according to Moody’s Investors Service. “The default outlook for 2022 will ...
HSBC alum returns as Americas CFO
WEBMar 13, 2024 · HSBC’s Americas CFO post will have a new face just over a year after a shakeup in the bank’s top CFO spot. In 2022, the bank named Georges Elhedery as its new finance chief — a move that, at the time, put him in line to succeed CEO Noel Quinn, according to Industry Dive sister publication Banking Dive.. Fullam has worked in New York, London and Dubai for HSBC and has held senior roles in ...
New CFO takes over Amazon’s AWS division - CFO Dive
WEBJan 8, 2020 · Sean Boyle, CFO of multi-billion dollar cloud-computing business Amazon Web Services (AWS) since 2015, has “moved to another role within AWS,” a spokesperson confirmed to Business Insider Tuesday. Boyle has been with Amazon for 13 years and previously served as CFO of software company, Apptio. Luis Visoso, who has headed finance for Amazon ...
CFO events, conferences in H2 2024 - CFO Dive
WEBOct 2, 2023 · MIT Sloan CFO Summit. November 21. Boston, Massachusetts. Begun in 2022, the annual summit held by MIT Sloan aims to connect CFOs and financial leaders with the school’s faculty. The 2024 summit, focused on the theme of The Intentional CFO: Innovative and Pragmatic, will include sessions exploring how finance chiefs can …
GameStop’s interim CFO gets permanent seat
WEBMar 27, 2024 · Dive Insight: Executive leadership turnover has been a significant challenge for Grapevine, Texas-based GameStop in recent years. Moore took over the company’s chief finance seat on an interim basis last August, replacing Diana Saadeh-Jajeh, who abruptly resigned from the position after about a year. At the time, the retailer announced her departure in a terse public statement that was ...
CFO base pay raises outpace CEOs’ | CFO Dive
WEBMar 9, 2023 · CFO salary increases edged out CEO increases in 2022, with CFOs on average seeing an increase in base salary of 5.5% while CEOs’ pay increased by 4.4%, according to a recent report by Compensation Advisory Partners. Most (80%) of both CFOs and CEOs saw increases in base salary, the report …
Unilever taps new CFO in leadership shakeup | CFO Dive
WEBOct 26, 2023 · Unilever appointed Fernando Fernandez, who currently leads the company’s beauty and wellbeing business group, to take over as its finance chief, the consumer products giant said Thursday. Effective Jan. 1, Fernandez will replace Graeme Pitkethly, who announced his decision to retire earlier this year, according to a …
PwC releases ESG reporting app | CFO Dive
WEBOct 25, 2020 · Dive brief: PriceWaterhouseCoopers has rolled out an app to help finance leaders translate their company's environmental, social and governance (ESG) values into investment-grade reporting data, the firm says.; The app is based on standards developed by the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD), and will be updated ...
CFO of the Year: Kelly Steckelberg, Zoom - CFO Dive
WEBDec 9, 2020 · For her role managing a company that, because of the pandemic, grew 355% over two quarters and became a household name, Steckelberg is CFO Dive’s CFO of the Year. “Kelly and her team have done a tremendous job,” says Ryan Koontz, who follows Zoom as managing director of Rosenblatt Securities. “She’s an integral part of the machine ...