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Tuesday, May 19, 2026

Finance Leaders Turn to AI for Strategic Efficiency and Cost Control

AI adoption is reshaping finance functions as organizations move beyond pilot programs toward practical applications. A McKinsey survey of 102 CFOs found that 44% used generative AI across more than five use cases in 2025, compared to just 7% in 2024. Finance teams are deploying AI to improve forecasting accuracy, monitor working capital in real time, and accelerate reporting cycles...

IKEA Begins Major Forest Restoration Effort in Brazil’s Endangered Atlantic Forest

Inter IKEA Group is moving forward with a major climate initiative in Brazil, launching a forest restoration project as part of its €100 million commitment to carbon removal. The effort focuses on roughly 4,000 hectares of degraded or low-productive land in Paraná and Santa Catarina—areas within the Atlantic Forest biome, one of the most threatened ecosystems in the world...

ING Appoints Ida Lerner as Chief Financial Officer

ING, an Amsterdam-based financial institution, announced the appointment of Ida Lerner as its next Chief Financial Officer, effective April 1, 2026. She will succeed Tanate Phutrakul, who is set to step down at the company’s annual general meeting in April 2026. Lerner will also join ING’s Management Board Banking and will be proposed for appointment to the Executive Board and as CFO of ING Group at the same meeting...

Pentair Names Nick Brazis as Next Chief Financial Officer

Pentair has announced that Executive Vice President and Chief Financial Officer Bob Fishman will step down after six years with the company. Nick Brazis, currently Vice President of Corporate Development and Treasury, will succeed him as Executive Vice President and Chief Financial Officer...

Private Equity Deal Volume Falls as Transaction Values Climb in Q3...

Private equity firms completed fewer deals but recorded significantly higher transaction values in the third quarter of 2025, according to KPMG’s “Pulse of Private Equity” report. The study found that 4,062 private equity transactions were completed globally, down from 5,070 a year earlier, while total investment rose to $537 billion from $512 billion. In the U.S., deal count declined to 1,791, but total value surged to $300.2 billion, the highest since early 2022...

Medline Files for IPO as U.S. Market Regains Strength

Medline Industries, a manufacturer and distributor of medical supplies, has publicly filed for an initial public offering in the U.S. The Northfield, Illinois-based company reported a 9.7% increase in revenue, reaching $13.53 billion in the first half of 2025, compared with $12.34 billion a year earlier. Profit increased to $655 million from $587 million year-over-year. The company, founded in 1966 by brothers James and Jon Mills, aims to list on the Nasdaq...

Constellation and Xpansiv Unveil Platform to Promote Transparent Clean Energy Use

In a development that signals new momentum for clean energy innovation, Constellation and Xpansiv have announced a collaboration to launch emission-free energy certificates (EFECs) on an online trading platform. Beginning December 2, 2025, Constellation will offer EFECs sourced from its clean energy centers in the PJM region on Xpansiv’s CBL spot exchange, providing verifiable, traceable certificates linked to carbon-free power generation...

CFPB Withdraws Nonbank Registry Rule Citing High Compliance Costs

The Consumer Financial Protection Bureau (CFPB) announced plans to rescind its Nonbank Registry Rule (NBR Rule), which required nonbank financial companies that violated consumer laws and were subject to court or government orders to report those actions to a bureau registry. The CFPB said the decision reflects concerns that the rule’s compliance costs—potentially passed on to consumers—outweigh its unquantified benefits...

Disney Experiences Appoints Michael Moriarty as CFO to Guide Next Phase...

Disney Experiences has appointed Michael Moriarty as Executive Vice President and Chief Financial Officer, succeeding Kevin Lansberry, who will retire in February 2026. Lansberry’s career spanned key roles in finance, business development, and operations across Disneyland and Walt Disney World Resorts, including serving as interim CFO for The Walt Disney Company in 2023...

Ulta Beauty Strengthens Leadership with Appointment of Christopher DelOrefice as Chief...

Ulta Beauty has appointed Christopher DelOrefice as its next Chief Financial Officer. Chris Lialios will continue to serve as Interim CFO until DelOrefice assumes the role and will then return to his position as Senior Vice President and Controller. DelOrefice brings extensive financial leadership experience from his tenure at Becton Dickinson & Company, where he served as Executive Vice President and CFO since 2021, and over two decades at Johnson & Johnson in several senior finance roles...

Popular Articles

Hertz Appoints Scott M. Haralson as Chief Financial Officer

Hertz Global Holdings, a prominent global rental car company, has announced the appointment of Scott M. Haralson as Chief Financial Officer. "His deep expertise in financial management and leveraging the capital markets to drive business transformation will be invaluable to Hertz as we rotate our fleet, deliver operational excellence, build greater cost discipline and undertake other key initiatives to improve our financial performance", stated Hertz CEO Gil West...

Navan Appoints Amy Butte as Chief Financial Officer

Navan, the comprehensive super app simplifying travel and expense management, announced the appointment of Amy Butte as Chief Financial Officer effective June, 2024. Butte, who joined Navan's Board of Directors in April 2024, has resigned from her role as Audit Committee Chair to assume this executive position...