Features

As 2025 unfolds, CFOs face the challenge of navigating an unpredictable economic landscape while driving profitable growth and embracing technological transformation. The volatility that marked the past few years is likely to continue, with further inflationary pressures, fluctuating interest rates, and geopolitical risks. To succeed, CFOs must stay vigilant and proactive, ensuring that their organizations are prepared for disruptions while seizing growth opportunities...

Tammy Romo, Southwest Airlines' Executive Vice President and Chief Financial Officer (CFO), will retire from her position effective April 1, 2025, after a distinguished 33-year career with the airline. Romo, who became CFO in 2012, has played a pivotal role in overseeing Southwest’s financial strategies, supply chain management, and sustainability efforts...

Adyen has initiated an emergency fundraising campaign in collaboration with Americares to aid communities affected by the devastating wildfires in Los Angeles, including the Eaton, Hurst, and Palisades fires. Businesses using Adyen’s platform can enable customers to donate at checkout, with Adyen matching all contributions during the campaign...

Fazal Merchant’s appointment as CFO and President marks a pivotal moment for Wiz, a leader in cloud security, as the company scales its operations and sharpens its business strategy. As CFO and President, Merchant will focus on strengthening the financial framework, driving value creation, and aligning business objectives with long-term strategic goals...

A recent Gartner survey of 250 CFOs and finance leaders reveals that slower top-line growth and talent-related issues will be the major challenges for companies in 2025. It also highlights other critical concerns, such as the strategic alignment of executive teams, cost increases, and enterprise data quality...

Kering has become the first fashion company to adopt science-based targets for nature, a significant step in the effort to preserve biodiversity. The announcement, made during the UN biodiversity conference in Colombia, follows a year-long pilot with 17 global companies. Along with GSK and Holcim, Kering has committed to meeting its nature-based targets and publicly disclosing its progress...

As 2025 progresses, the banking and payments sector is undergoing transformative changes driven by emerging technologies. However, in B2B transactions, the widespread use of paper checks continues to slow progress, posing risks of fraud and inefficiency. Innovations like open banking and real-time account-to-account payments offer effective alternatives, but their adoption requires a clearer articulation of benefits...

Ernst & Young has announced a collaboration with the University of Southern California's Iovine and Young Academy (IYA) to advance inclusion, diversity, equity, and access in business, leadership, and entrepreneurship. Through this partnership, EY will connect IYA to a network of successful women entrepreneurs by introducing them to prestigious programs such as Entrepreneur Of The Year, Entrepreneurial Winning Women, and the Entrepreneurs Access Network...

As generative AI (GenAI) gains momentum across various industries, finance leaders are cautiously exploring its applications. Despite the hype surrounding tools like OpenAI's ChatGPT, adoption within the finance sector remains relatively low. A recent survey by Deloitte and the Institute of Management Accountants found that only 9% of finance professionals are actively using GenAI, with most respondents anticipating a delay of at least one to two years before implementation...

Ryder System, Inc. has announced the appointment of Cristina Gallo-Aquino as its new Chief Financial Officer (CFO), effective January 1, 2025. Gallo-Aquino, who has been with Ryder since 2004, brings a wealth of financial and accounting experience to the role. Previously serving as Ryder’s senior vice president, controller, and principal accounting officer, she has proven her expertise in overseeing the company's financial management functions...