Features

CFOs must take a proactive role in AI investments to ensure they align with financial objectives and deliver measurable returns. While CIOs focus on implementation, CFOs must oversee financial governance, ROI measurement, and strategic budgeting. However, a recent KPMG survey highlights a disconnect between these roles, which can impact decision-making and business performance...

Cognitive biases often go unnoticed in the decision-making process, yet they can significantly distort how resources are allocated and strategies are formed. For CFOs, the implications are far-reaching: biases like groupthink, confirmation bias, inertia, and loss aversion can subtly derail even the most well-intentioned plans. Groupthink, for example, can stifle dissent and limit perspective, while confirmation bias may lead teams to favor data that supports preexisting views rather than challenge assumptions...

Nestlé and UNESCO have introduced “Youth Impact: Because You Matter”, an initiative that will provide grants to 100 teams of young social impact innovators. These grants will support skill development and innovative solutions aimed at enhancing the resilience and sustainability of food systems. Its focus lies in promoting regenerative agriculture, addressing climate change, and advancing sustainable packaging...

The Cigna Group, a global health company, has appointed Ann Dennison as Executive Vice President and Chief Financial Officer. She will oversee all enterprise financial operations and report directly to Chairman and CEO David Cordani. Dennison brings extensive financial leadership experience; before joining The Cigna Group, she served as Executive Vice President and CFO at Nasdaq, where she led corporate finance, treasury, planning and analysis, investor relations, ESG reporting, procurement, and real estate...

As the role of the CFO evolves, aspiring leaders must develop a broad skill set to succeed in an increasingly complex business landscape. In 2025, CFOs will need to navigate significant changes in tax, trade, and regulatory policies, which will affect everything from cash flow to operational strategy...

Rio Tinto is making significant strides toward sustainability with a new agreement that will drastically reduce emissions at its Gladstone aluminium operations. The company has secured a 20-year deal with Edify Energy to purchase 90% of power from two major solar and battery storage projects in Queensland...

Dollar Tree has named Stewart Glendinning as its next Chief Financial Officer, effective March 30, 2025. Since joining the company earlier this year, Glendinning has been leading enterprise-wide transformation initiatives and has played a key role in the strategic review of the Family Dollar business. He will succeed Jeff Davis, who previously announced his departure. To ensure a smooth transition, Davis will remain with the company for a short period...

Starbucks is undergoing a leadership transition as Cathy Smith steps in as the new Chief Financial Officer, succeeding Rachel Ruggeri. Smith, a seasoned executive with extensive experience in retail, global operations, and financial turnarounds, has held CFO roles at Nordstrom, Target, and Walmart International. Her expertise in guiding companies through complex financial landscapes makes her a strong addition to Starbucks at a pivotal time...

In a landmark show of cross-industry collaboration, Amazon, Google, Meta, and Dow have joined forces with over 140 nuclear companies, 14 financial institutions, and 31 countries to support a shared goal: tripling global nuclear energy capacity by 2050. Announced at CERAWeek 2025 in Houston, this marks the first time major energy users outside the nuclear sector have publicly endorsed nuclear as essential to the clean energy transition...

Nielsen, a company specializing in audience measurement and analytics, has appointed Jessica Holscott as its new Chief Financial Officer. With over 20 years of financial leadership experience, Holscott most recently served as CFO of Spotter, a creator-focused company. In her new role, she will be responsible for overseeing Nielsen’s global financial activities, including financial planning and analysis, tax, controllership, internal audit, and treasury, which will be crucial in supporting the company’s continued growth...