Financial News and Analysis | CFO Dive
WEBAirwallex eyes embedded payments in globalization push. Two “immediate bets” the company is making include increasing headcount in Brazil and Mexico, executive GM Ravi Adusumilli said. CFO Dive provides in-depth journalism and insight into the most impactful news and trends shaping the finance industry.
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 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 ...
Life Time Group interim CFO moves to permanent seat
WEBAug 1, 2024 · The Chanhassen, Minnesota-based company appointed Weaver — a 20-year veteran of the business — to its interim CFO seat in January following the abrupt resignation of finance chief Robert Houghton, CFO Dive previously reported. Weaver will move into the permanent role as Life Time achieves its goal of …
Truist pushes ambitious reorganization in $750M cost-cutting plan
WEBNov 6, 2023 · Truist announced its plan to realize $750 million in cost savings over 12 to 18 months during the Barclays Global Financial Services Conference in September. At the time, CEO Bill Rogers said the company would make “sizable reductions” to its workforce over the next three quarters centered around a restructuring that included consolidated ...
Companies turn to convertible bonds to raise cash - CFO Dive
WEBJun 29, 2020 · With companies scrambling to raise money, convertible bonds have ballooned in popularity. Some $21 billion in the bonds were issued in May, according to Dealogic data, the highest monthly total on record.. Companies see the hybrid securities, which offer a regular payout but can be traded for equity shares once a certain price point is hit, as a way to get cash without having to sell shares at ...
The CFO Dive Awards for 2020
WEBDec 9, 2020 · The CFO Dive Awards for 2020. In a year where companies and their finance leaders had to weather unprecedented crises, the following awardees stood out for their bold leadership. Published Dec. 9, 2020. By CFO Dive Team. Yujin Kim/CFO Dive.
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 …
Longtime Zoom Video CFO to step down
WEBAug 22, 2024 · Dive Insight: The San Jose, Calif.-based company tapped the CFO’s financial chops during its 2019 IPO, where Steckelberg organized its operations to better support sales and focused on cash flow and profitability, Steckelberg told CFO Dive in a 2019 interview.. Zoom’s stock price swiftly rose in the days following its IPO, with the company reaching a market cap of nearly $17.7 billion in ...
10 of the year’s biggest CFO stories - CFO Dive
WEBDec 2, 2022 · 10 of the year’s biggest CFO stories. Throughout the year, CFO Dive provides a range of content relevant to finance professionals, from cash management strategies to scenario planning ideas to budgeting innovations. It also shares expert insight into the day’s most important finance news, like Federal Reserve interest rate moves.