Premium
DuPont’s Net-Zero Goal: A Step Toward Global Sustainability and Carbon Reduction
DuPont is making remarkable strides toward sustainability with its commitment to achieving net-zero carbon emissions by 2050. The company has outlined its long-term greenhouse gas reduction targets, which align with the Science Based Targets initiative’s (SBTi) Net-Zero Standard and the Paris Agreement’s goal of limiting global temperature rise to 1.5°C...
Premium
HSBC Withdraws from M&A and Capital Markets in the UK, Europe,...
HSBC’s ongoing investment banking overhaul signals a major pivot under the leadership of new CFO Pam Kaur, as the bank winds down its M&A and equity capital markets businesses in the UK, Europe, and the U.S. This restructuring comes as part of broader efforts to simplify operations and focus on core strengths, particularly in the growing markets of Asia and the Middle East...
Premium
Global Growth Holds Strong Despite Challenges
The global economy is expected to demonstrate resilience despite ongoing challenges, with the OECD’s latest Economic Outlook projecting global GDP growth of 3.2% in 2024, 3.3% in 2025, and 3.3% in 2026. However, CFOs face a mixed growth landscape marked by significant regional disparities, requiring adaptive financial strategies...
Premium
CFOs Raise Growth Projections as Optimism Rises
Chief Financial Officers are showing a noticeable shift in sentiment, with Deloitte's recent surveys highlighting a surge in confidence. Optimism about the economy, organizational prospects, and growth opportunities has risen significantly. Improved outlooks for key regional economies, including North America and Europe, have bolstered expectations for revenue and earnings growth, with CFOs now projecting higher returns than in previous quarters...
Premium
Opportunities and Challenges for PE Buyers in Carve-Out Transactions
Private equity firms are increasingly capitalizing on corporate carve-outs to generate value, especially as interest rates remain high. These transactions, where non-core assets are divested, provide PE buyers with the flexibility to design a business that meets the needs of specific sub-sectors and customers. However, despite the growth potential, carve-outs are not without challenges, particularly in execution and operational integration...
Premium
Thierry Piéton Named CFO of Medtronic to Lead Financial Strategy
Medtronic, a medical solutions agency, has announced the appointment of Thierry Piéton as its new Chief Financial Officer, effective March 3, 2025. Piéton will report directly to Medtronic's Chairman and CEO, Geoff Martha, and will join the company’s Executive Committee. He will succeed Gary Corona, who has been serving as interim CFO, and will transition to Senior Vice President, Corporate Finance...
Premium
L’Oréal SAPMENA Achieves 100% Renewable Energy at All Sites
L’Oréal SAPMENA, spanning from New Zealand to Morocco and home to over 40 percent of the global population, has achieved its 100 percent renewable energy goal two years ahead of schedule. This milestone comes amidst three consecutive years of double-digit sales growth since 2021 and a significant 18 percent reduction in energy intensity since 2019...
Premium
Middle-Market CFOs Embrace AI to Streamline Financial Operations
As economic uncertainty continues to challenge financial stability, CFOs are increasingly turning to artificial intelligence to improve operational efficiency in accounts receivable (AR). In particular, middle-market companies are leading the way by adopting AI-driven solutions that optimize invoice approvals, payments, and cash flow management...
Premium
CFOs Must Adapt to Uncertainty and Seize Opportunities in 2025
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...
Premium
Southwest Airlines Announces Retirement of Longtime CFO Tammy Romo
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...
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...