Jan 3, 2025 · Dive Brief: Community Health Network will pay $6.3 million to its former CFO and Chief Operating Officer, Thomas Fischer, in an “employment related settlement” as part of a $145.7 million payment agreement relating to alleged violations of the Federal False Claims Act, according to company financial statements.

CFO Dive provides in-depth journalism and insight into the most impactful news and trends shaping the finance industry.

Sep 20, 2024 · Dive Brief: A majority (83%) of CEOs surveyed globally predict that companies will shift to require a “full” return of employees to in-office work in the next three years, an increase from 64% the prior year, KPMG said, reporting on the findings of a survey of 1,300 chief executives conducted in July and August.; The report also revealed a generational divide in the executives’ sentiment ...

Jan 2, 2025 · Sentiment shifted last year, as consumers and B2B industrial customers, experiencing what Echter called “price fatigue,” pushed back against hikes after indices that had justified hikes began to decline. Then, too, the Federal Reserve’s multi-year campaign to slow the pace of price pressures brought the consumer price index rise to a 2.7% annual rate in November from 9.1% in July 2022.

Jan 10, 2025 · Dive Brief: Coca-Cola Consolidated CFO F. Scott Anthony will retire from the company effective Mar. 31, according to a company press release and securities filing.; The largest Coca-Cola bottler in the U.S., Coca-Cola Consolidated will tap Matthew Blickley, its senior vice president for financial planning & analysis and chief accounting officer, to serve as Anthony’s successor, according to ...

Oct 1, 2024 · This year, Gartner’s financial conference aims to hone in on topics including AI in finance and finance talent strategy management. Keynote speakers include Admiral William H. McRaven, a retired U.S. Navy admiral, who will discuss life lessons he’s learned during his 37-year military career and futurologist and trend spotter Magnus Lindkvist, who will deliver a keynote on “Transformative ...

Jan 7, 2025 · 5. The rise of managed FinOps services. As FinOps practices grow in complexity, many organizations are turning to managed services for support. Building an in-house FinOps team is resource-intensive, requiring both expertise and budget.

Dec 19, 2024 · Dive Brief: Overall average audit fees for public companies rose 6.4% in 2023 to $3.01 million from a year earlier, according to a Financial Education & Research Foundation report based on both a survey and data from Securities and Exchange Commission filings of more than 4,000 organizations.; Changes to internal control over financial reporting was the most frequently cited driver of ...

Nov 19, 2024 · High turnover among CFOs is putting a “premium on experience” when it comes to hiring finance chiefs to fill those gaps, said Jenna Fisher, ma naging director, global financial officers practice for Russell Reynolds Associates .. Turnover in the CFO seat reached near-record highs during the first three quarters of the year, with 224 new finance chiefs appointed from Q1 to Q3, according to ...

Dec 4, 2024 · Dive Insight: Powell’s comments align with those of other Fed officials in recent days who backed a cautious approach to future reductions in the federal funds rate. Since September the Federal Open Market Committee has trimmed borrowing costs by 0.75 percentage points to a range between 4.5% and 4.75%.