ASOS names second interim CFO amid turnaround plans
CFO Dive
FEBRUARY 13, 2023
Online fashion retailer ASOS swapped interim CFOs as it attempts to fend off economic headwinds and boost profitability.
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Focus CFO
JUNE 28, 2023
Businesses that have an embedded in-house Chief Financial Officer understand the pivotal role the CFO plays in proactively preparing the business for, and guiding it through, economic and market storms. While we are now mostly through that storm, new economic storm clouds are on the horizon. But that relief will be temporary.
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CFO News
MAY 15, 2024
The base year provides a reference point for measuring changes in economic variables and comparing relative performances of indicators over time. For instance, real gross domestic product (GDP) growth is currently calculated with reference to FY12 prices.
CFO Talks
SEPTEMBER 7, 2023
Apparently, President Modi came to each economic sector, analysed their economic contribution and set targets, and they’re all committed to these targets. We’ve invited about 80 CFOs, who were carefully selected… We want to get their buy-in. We want to move the focus of the CFO towards Africa. It was like a mantra.
Future CFO
JANUARY 2, 2024
Chief financial officers in the Asia-Pacific across various sectors such as financial services, life sciences and health care, manufacturing, public sector, TMT, energy and resources, and consumer business are generally optimistic and neutral about the regional economic outlook.
Future CFO
MARCH 7, 2024
The SEA CFO Agenda 2023: Decoding the CFO’s trilemma report found that financial chiefs in the region are looking into the global economic slowdown as a major concern, with 80% of respondents marking it as their top external risk for the next 12 months.
CFO Talks
FEBRUARY 9, 2024
Recently, the South African Reserve Bank’s decision to maintain interest rates has had significant implications not only for the economic landscape but also for the competencies demanded of today’s CFOs. The Reserve Bank decided to keep interest rates unchanged, opting for stability amidst ongoing economic turbulence.
CFO Thought Leader
OCTOBER 29, 2023
This episode features insights and commentary from three finance leaders: CFO Michael Linford of Affirm, CFO Ana Chadwick of Pitney Bose, and CFO Jason Leet of Zylo. Brett@pm2consulting.com MADE POSSIBLE BY PLANFUL | Planful is the pioneer of financial performance management cloud software.
CFO Dive
DECEMBER 6, 2022
CEOs facing a gloomier economic outlook have pared back expansion plans but do not necessarily expect a recession in 2023.
Jedox Finance
APRIL 16, 2020
He shares his expertise on how an EPM solution supports managing economic uncertainty, particularly in times of crisis. What does your economic forecast look like for the foreseeable future? Businesses need to be proactive and begin to plan for how to address the impact on their business and their recovery.
CFO News Room
JANUARY 23, 2023
based company on Monday said Patrick Hallinan will become CFO, effective April 6. Mr. Hallinan will remain CFO at Fortune Brands until March 2. the previous CFO, was elevated to chief executive officer. Stanley Black & Decker Inc. appointed the chief financial officer of Fortune Brands Innovations Inc.
Focus CFO
MARCH 6, 2024
How ITR Economics Can Help You Plan Your Exit Strategy Are you considering selling your business? Maybe you have begun to think about what your exit strategy might look like. There is a lot to consider before you make the big decisions regarding your future.
CFO Network
FEBRUARY 14, 2024
How a Fractional CFO Can Transform Your Financial Strategy! One way to achieve this is by bringing a Fractional CFO (Chief Financial Officer) to your team. Understanding the Role of a Fractional CFO Before diving into the transformational impact of a Fractional CFO, let’s first understand their role.
CFO Dive
AUGUST 1, 2023
Despite greater caution among banks, economic growth accelerated during the second quarter.
Future CFO
APRIL 18, 2022
The Forrester Consulting Total Economic Impact Study commissioned by IBM examines the return on investment (ROI) enterprises may realize by deploying Cognos Analytics. The post The Total Economic Impact of IBM Planning Analytics appeared first on FutureCFO. DOWNLOAD NOW.
CFO Dive
APRIL 25, 2024
Plans for slower gains to salaries align with Thursday data showing that economic growth slowed to just 1.6% last quarter, far less than expected.
Future CFO
DECEMBER 7, 2023
China is currently facing an economic slowdown following the pandemic, which have raised concerns among ratings agencies that led to a downgrade in the country’s debt outlook. CFOs must closely monitor policy changes related to finance and debt, ensuring compliance to maintain smooth operations.
CFO Dive
JANUARY 17, 2023
Concern about higher wages and a skilled labor shortage are foremost in CFOs minds as they grapple with continued economic headwinds.
CFO Talks
OCTOBER 25, 2023
The journey from a Chartered Accountant (CA) to a Chief Financial Officer (CFO) is a transformative one, requiring a shift from technical expertise to strategic leadership. The CFO (SA) Competency Framework The CFO (SA) Competency Framework is designed to assist potential applicants in developing the necessary competencies to obtain the Cert.
CFO Thought Leader
MARCH 24, 2024
As Pactum AI embarks on a pivotal phase of commercialization, the arrival of Sarah Alper in the AI-driven company’s CFO office is by no means a coincidence. As Pactum AI embarks on a pivotal phase of commercialization, the arrival of Sarah Alper in the AI-driven company’s CFO office is by no means a coincidence.
CFO Dive
AUGUST 17, 2022
Central bank officials last month gave no indication of plans to slow their fight against inflation while noting an imperative to alter policy based on fresh economic data.
CFO Dive
NOVEMBER 3, 2022
CFOs still aim to spend more on ESG initiatives in 2023 even though they expect economic disruptions to persist until mid-year.
Future CFO
JANUARY 1, 2024
The study, which asked 200 manufacturing and distribution organisations with revenues between US$100 million and US$1 billion, revealed that more than 80% of the respondents believe today's economic uncertainty has significantly elevated the importance of the CFO in bringing in strategies and technology optimisation initiatives.
CFO Dive
DECEMBER 21, 2022
CFOs are pessimistic about the economic outlook but predict slightly higher growth next year than Federal Reserve estimates.
CFO News Room
NOVEMBER 18, 2022
Though much work remains to be done to enact a progressive economic agenda, this midterm election showed clear signs of support for a policy agenda that prioritizes economic, racial, and gender justice for working families. Nebraska: Voters approved Initiative 433, which will increase the state’s minimum wage to $15 by 2026.
CFO Simplified
FEBRUARY 11, 2022
Larry Chester, CEO of CFO Simplified, was featured on NADC BoardTalk to discuss business planning for small to medium-sized businesses in 2022. When economic winds change, small and middle-market companies must be able to pivot. appeared first on CFO Simplified. Take a look at his feature below: [link].
CFO Strategic Partners
NOVEMBER 17, 2021
With preparation for 2022 underway, CFO Strategic Partners has been hearing whispers of uncertainty. One participant shared their organization has an annual plan that is broken down by each month. Eighty percent of survey respondents shared that economic confidence or outside issues may put a cap on their revenue.
The Finance Weekly
DECEMBER 5, 2023
As 2024 approaches, CFOs need to assess their 2023 achievements and plan for the coming year. Analyze the current economic situation, considering challenges such as inflation and rising interest rates. Despite these challenges, CFOs must collaborate with their management teams to formulate practical solutions.
Future CFO
APRIL 23, 2023
Economic confidence rises as clear signs of business improvement emerge, said ACCA recently. While the accountancy body’s Q1 2023 Global Economic Conditions Survey (GECS) shows confidence lower than a year ago, it rose for the third consecutive quarter as fears fade over the prospects of a recession in 2023.
CFO Simplified
DECEMBER 10, 2021
Those not wanting to sound clichéd change the way they state it, but the overarching message is that if there is no plan, there is no goal to meet, so it’s unlikely that you or your team know if the goal was reached. Planning over the past couple of years has been challenging at the very least. appeared first on CFO Simplified.
The Finance Weekly
MAY 4, 2023
Now, more than ever, the decisions made by the CFO are likely to affect the performance of the entire organization. In this article, we have compiled a list of some of the CFO moves that took place in April. CFO Pros on the Move April 2023 Jiajia Wu | Hyzon Motors , Jiajia Wu has been appointed as the interim CFO at Hyzon Motors.
E78 Partners
AUGUST 24, 2023
Knowing when to bring in an Interim Chief Financial Officer (CFO) can be a strategic decision that significantly impacts a company’s trajectory. Unlike a permanent CFO, an interim professional is often engaged for specific projects, transitions, or critical periods of change.
Future CFO
JANUARY 15, 2023
Business leaders bracing for a global economic downturn, according to EY. 48% foresee a moderate global economic downturn, while more than half (55%) of those preparing for a persistent downturn fear a recession worse than the global financial crisis of 2007-08 in terms of its length and severity. Survey highlights.
Future CFO
OCTOBER 4, 2022
When it comes to CFO budget 2023, only 7% of finance leaders plan to cut customer service spending over the next 12 months, said Gartner recently. According to results of a July survey of 234 finance leaders, 21% plan to increase customer spending and 72% to maintain spending, despite economic pressures.
Future CFO
MARCH 24, 2022
Growing economic uncertainty and rising costs diminish consumer confidence, said EY lately when releasing its EY Future Consumer Index. Economic uncertainty impacts consumer confidence of all income groups. Survey results indicate that 42% of all respondents are planning on spending more money on experiences in the next year.
Future CFO
JANUARY 21, 2024
Cost pressure amid global economic shifts has become a top concern for 58% of SMEs as they also face workforce challenges, said ACCA recently when releasing results of a survey. “As The post Cost pressure amid global economic shifts: Smaller businesses’ top concern appeared first on FutureCFO.
CFO Thought Leader
MAY 23, 2023
I had this very detailed pitch planned, but when we sat down, the client said to me, ‘There’s absolutely no chance that you’re ever going to do one of my projects,’” remembers Healy, who adds that for the next 30 minutes, the client listed all of the specific terms that he would expect in a purchase agreement. “I Think about this: 8%!
CFO Share
AUGUST 8, 2023
The Chief Financial Officer (CFO) acts as your seasoned mountaineer, guiding your business towards its financial peak. This is where an outsourced CFO (aka fractional CFO) steps in, keeping your expedition moving toward the summit without delay. What are the Duties of an Outsourced CFO?
Future CFO
APRIL 9, 2023
The global economic outlook took a positive turn in the first half of 2023 as inflationary pressure began to ease, said KPMG recently when unveiling its latest forecast. The post Global economic outlook: Inflation, supply chain fears easing appeared first on FutureCFO. GDP might see growth of 2.1% in 2023 and 2.6% in 2023 and 3.2%
CFO Leadership
AUGUST 12, 2021
The CFO Leadership Council proudly highlights our very first ten Diversity, Equity, and Inclusion Ascend Honorees! The Ascend program is an opportunity for Senior Finance Executives from underrepresented groups to join The CFO Leadership Council. Fisher Senior VP & CFO American Hospital Association. Christina Y. Christina Y.
CFO Talks
MARCH 14, 2024
Beyond the Basics: 7 Key Focus Areas for New CFOs 1. Introduction to the Evolving Role of the CFO In our previous discussion, we outlined the critical first steps a newly appointed CFO should take to establish a solid foundation within their organization. Activities that directly impact these objectives should take precedence.
CFO Thought Leader
OCTOBER 1, 2023
“I was involved in some of the diligence, so I was aware of what was going down several months in advance,” explains Leet, who had joined ExactTarget in 2006, as he vividly recalls for us the company’s impressive climb upward—along with its disappointing 2007 decision to pull its IPO due to Wall Street’s economic collapse.
CFO Thought Leader
JANUARY 27, 2024
This episode of Planning Aces sheds light on the critical role financial leadership and strategic planning plays in guiding companies through turbulent times and the importance of balancing short-term opportunities with long-term strategic planning. Konold managed this surge and the subsequent market normalization.
The Finance Weekly
MARCH 25, 2024
Big companies used to hog all the CFO action, but now even small and medium-sized businesses are jumping on the bandwagon. Why the sudden CFO craze? In a nutshell, companies are starting to view CFOs as smart investments rather than just expenses. Highest Paid CFOs in the World in 2024 1. AMRSQ) stock valued at over $8.
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