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Janesh Moorjani has been appointed as the new Chief Financial Officer of Autodesk, effective December 16, 2024. Ms. Moorjani, who has over two decades of expertise in the technology sector, will succeed interim CFO Elizabeth "Betsy" Rafael and will be directly accountable to CEO Andrew Anagnost...

Despite the uncertainties introduced by the recent U.S. election, tech companies are increasingly considering the M&A arena in light of alleviating inflation and advancements in AI, according to KPMG experts. The average contract size has experienced substantial growth this year, while the volume has grown modestly...

Abercrombie & Fitch has announced that Robert Ball has been promoted to the position of Chief Financial Officer. Ball, who has nearly 22 years of experience at Abercrombie & Fitch (A&F), was previously the Senior Vice President of Corporate Finance, Investor Relations, and Treasury. He will continue to report to Scott Lipesky, Executive Vice President and Chief Operating Officer, who has been instrumental in the company’s global operations and growth strategies since his promotion to COO in 2023...

As the demand for entry-level finance and accounting talent remains high, technology is increasingly seen as a solution to labor gaps and budget constraints. According to the 2024 Global Tax Transformation report by Vertex, tax functions are at the forefront of digital transformations within finance. Seventy-seven percent of the 600 respondents indicated that their tax teams lead in adopting new technologies...

Google is making significant strides in improving flood forecasting capabilities by expanding its AI-powered riverine flood forecasting model to over 100 countries, now covering 700 million people. This expansion provides critical flood information to more communities, enhancing preparedness and response efforts globally...

A recent report by Basware, in collaboration with Financial Times Longitude, highlights that 78% of CFOs are keen to increase AI investments in the next 12 to 18 months to enhance efficiency and automate financial operations. However, 50% are prepared to cut funding if AI fails to deliver measurable ROI within a year...

Joseph "Joe" Corbett, the Chief Financial Officer and Executive Vice President of the U.S. Postal Service (USPS), will retire on December 31, 2024. Since 2009, Corbett has been the CFO, in charge of important financial operations such as supply management, treasury, and finance and strategy. Managing difficult financial issues and promoting openness, especially in the aftermath of the Postal Accountability and Enhancement Act, were hallmarks of his tenure...

Private equity (PE) continues to demonstrate its potential for outperforming public markets, as evidenced by the Global PE Index surpassing the MSCI World Index by over 500 basis points annually over the past 25 years. This outperformance stems largely from private equity managers' active role in value creation and their long-term investment approach, which contrasts with the short-term focus of many public market investors...

By the end of 2025, Goldman Sachs and Morgan Stanley predict that the S&P 500 will have increased by more than 10% from its current level of 5,893.62 to 6,500. This confidence stems from anticipated strong business success and economic resilience. Goldman predicts that a 2.5% real GDP growth rate will propel an 11% increase in corporate profitability...

Mutual life insurance company Massachusetts Mutual Life Insurance Company (MassMutual), founded in 1851, has planned significant leadership changes that will begin in 2025. Betsy Ward, Chief Financial Officer (CFO) for the past three decades, will retire at the end of this year. Ward has been instrumental in driving transformative growth, strengthening the company’s financial position, and delivering value to policyowners...