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 Washington, DC
cfodive.com
Joined May 2019
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CFO Dive Newsletter

Sign up for CFO Dive: The free email newsletter covering the top news and trends for finance industry leaders.

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.@Mattel grants incoming CFO $1.4M sign-on bonus #compensation cfodive.com/news/mattel-gran… via @CFODive

Mattel grants incoming CFO $1.4M sign-on bonus

The toymaker named a new CFO about a month after its CEO shakeup, coming as it fields growing calls to explore a potential sale amid stagnating growth.

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How 10 years at storied @CleveFoundation changed its CFO — and Ohio #nonprofits #communityinvestment cfodive.com/news/cleveland-f… via @CFODive

How 10 years at storied Cleveland Foundation changed its CFO — and Ohio

The non-profit’s long-time CFO Rosanne Potter has put her corporate finance and treasury skills to use to help create community value, she said.

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Super Micro’s CFO is out after change was slow-walked #CFO cfodive.com/news/super-micro… via @CFODive

Super Micro’s CFO is out after change was slow-walked

The AI server maker has replaced CFO David Weigand with Western Digital alum Mark Long, nearly two years after an advisory committee called for Weigand’s ouster.

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Numeral nailed down metrics, then raised $100M #AI cfodive.com/news/numeral-fir… via @CFODive

Numeral nailed down metrics, then raised $100M

Hudson Bova is building the financial foundation for the self-styled “world’s most boring AI company.” 

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Judge rebukes Trump officials for intimidating ex-FEMA CFO cfodive.com/news/judge-rebuk… via @CFODive

Judge rebukes Trump officials for intimidating ex-FEMA CFO

Mary Comans, an “exemplary” career civil servant with over two decades of federal service, was fired last year after serving as FEMA’s CFO since 2018, the judge wrote. 

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AICPA issues guidance for AI-assisted auditing #accounting @AICPA cfodive.com/news/aicpa-issue… via @CFODive

AICPA issues guidance for AI-assisted auditing

The report comes as CFOs seek to realize efficiencies of AI while guarding against such risks as rogue AI and hallucinations.

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Borrowing costs still too low to cool inflation, economists say in survey @Wolters_Kluwer #inflation #interestrates cfodive.com/news/borrowing-c… via @CFODive

Borrowing costs still too low to cool inflation, economists say in survey

Business spending will likely grow at a 12.6% annual rate this year before slowing to 6.2% in 2027, according to economists surveyed by Wolters Kluwer.

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Big bankruptcies decline while pace holds above historical average: Cornerstone #bankruptcies #regulation cfodive.com/news/big-bankrup… via @CFODive

Big bankruptcies decline while pace holds above historical average: Cornerstone

Several large companies cited tariffs as a contributing factor driving their bankruptcies, report co-author Trevor Haynes said.

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Deloitte fined $7.9M by UK regulator for failed audits #accounting cfodive.com/news/uk-regulato… via @CFODive

Deloitte fined $7.9M by UK regulator for failed audits

Deloitte UK’s “decisions and actions put very large amounts of U.K. taxpayers’ money at risk,” according to the top investigator at the Financial Reporting Council.

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All Fed officials backed vote to hike benchmark rate: FOMC minutes #debt cfodive.com/news/fed-officia… via @CFODive

All Fed officials backed vote to hike benchmark rate: FOMC minutes

Inflation expectations among consumers rose last month for both the one-year and three-year time horizons, the Federal Reserve Bank of New York said Wednesday.

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2027 finance conference roundup #CFO cfodive.com/news/top-finance… via @CFODive

2027 finance conference roundup

CFOs and their finance teams can explore the latest best practices for leadership in an uncertain business climate at upcoming industry events.

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Ex-CFO gets 2-year prison sentence for wire fraud #legalissues #wirefraud cfodive.com/news/ex-cfo-gets… via @CFODive

Ex-CFO gets 2-year prison sentence for wire fraud

The former CFO of the Arkansas Pediatric Clinic has surrendered her CPA license and was also ordered to pay $540,599 in restitution. 

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.@chickensaladchi CFO’s path from burger grill to C-suite #restaurants #food #inflation cfodive.com/news/chicken-sal… via @CFODive

Chicken Salad Chick CFO’s path from burger grill to C-suite

GrubHub alum Drew Travis recently joined the Atlanta-based restaurant chain, which is expanding into West Virginia, New York and Michigan this year.

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New David’s Bridal CFO focuses on finance fundamentals #retail cfodive.com/news/new-davids-… via @CFODive

New David’s Bridal CFO focuses on finance fundamentals

Nike alum Kathy Cherian wants to ensure the bridal company’s finance function is included early in the decision-making process, she said.

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Consumer confidence sags to 12-year low, eroded by inflation, job anxiety #economy cfodive.com/news/consumer-co… via @CFODive

Consumer confidence sags to 12-year low, eroded by inflation, job anxiety

Inflation will probably not slow to the Federal Reserve’s 2% target until 2028, New York Fed President John Williams predicted.

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AI creates jobs rather than kills them: White House economist Hassett #generativeai #labormarket cfodive.com/news/ai-creates-… via @CFODive

AI creates jobs rather than kills them: White House economist Hassett

Most U.S. adults fear that adoption of artificial intelligence will lead to job loss, according to several recent polls.

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X Strategies sues co-founder for $29M embezzlement scheme #embezzlement #legalissues cfodive.com/news/x-strategie… via @CFODive

X Strategies sues co-founder for $29M embezzlement scheme

Derek Utley won $26 million betting with company funds — before losing $29 million, contributing to a $3 million deficit, X Strategies claims.

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26 state attorneys general call on Congress to rein in AI, flagging risks #AI cfodive.com/news/26-state-at… via @CFODive

26 state attorneys general call on Congress to rein in AI, flagging risks

Legislation introduced in the Senate on Wednesday would pause AI research until the creation of a federal department that would regulate the technology.

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Microsoft AI ‘playbook’ touts revenue gains from sales pilot #AI cfodive.com/news/microsoft-a… via @CFODive

Microsoft AI ‘playbook’ touts revenue gains from sales pilot

The sales initiative led to a 9.4% rise in revenue per account manager and 20% higher close rates, the company said.

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Turning tariff refunds into lower prices is popular and perilous #tariffrefunds #tariffs cfodive.com/news/turning-tar… via @CFODive

Turning tariff refunds into lower prices is popular and perilous

In a recent informal CFO Dive poll, 46% of finance executives said using tariff refunds to lower prices was the best strategy.

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