CFO

Amidst evolving workplace and rising employee expectations, CFOs must get creative

Thursday, July 22, 2021 - 5:04pm

Whether they win or lose this war may depend on how creative CFOs get while attracting talent and managing investments.

Key Points: 
  • Whether they win or lose this war may depend on how creative CFOs get while attracting talent and managing investments.
  • For example, nearly two-thirds (64%) of CFOs said theyre worried talent shortages could impair their ability to meet short-term strategies.
  • There are clear indications that CFOs are concerned about the looming war for talent, said Tim Glowa, principal and leader of Grant Thorntons employee listening and human capital services offerings.
  • The data concur: 67% of CFOs surveyed agreed that employee benefits are a major expense the finance function needs to control.

SecureLink’s Chip Pate Named One of Austin’s Top CFOs of 2021

Monday, July 19, 2021 - 5:17pm

AUSTIN, Texas, July 19, 2021 (GLOBE NEWSWIRE) -- SecureLink , a leader in third-party security, has announced its Chief Financial Officer Chip Pate was named one of Austins top CFOs of 2021 by the Austin Business Journal in the medium private business category.

Key Points: 
  • AUSTIN, Texas, July 19, 2021 (GLOBE NEWSWIRE) -- SecureLink , a leader in third-party security, has announced its Chief Financial Officer Chip Pate was named one of Austins top CFOs of 2021 by the Austin Business Journal in the medium private business category.
  • Going on its 13th year, the 2021 edition of the Best CFO Awards recognized the exceptional work of Austins chief financial officers throughout the pandemic.
  • Chip has played an instrumental role in SecureLinks business success over the past two years, steering our finances while leading a massive customer onboarding process, said SecureLink CEO Patrick Tickle.
  • And earlier in 2021, Pate guided SecureLink through its first acquisition of data governance company, Maize Analytics.

Wish Announces Chief Financial Officer Transition

Wednesday, June 30, 2021 - 9:40pm

ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) one of the worlds largest mobile ecommerce platforms, today announced that Chief Financial Officer Rajat Bahri has notified the Board of Directors that he plans to resign from his position effective July 23.

Key Points: 
  • ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) one of the worlds largest mobile ecommerce platforms, today announced that Chief Financial Officer Rajat Bahri has notified the Board of Directors that he plans to resign from his position effective July 23.
  • Chief Accounting Officer Brett Just and Director of FP&A Jennifer Oliver will serve as interim co-CFOs, reporting directly to Executive Chair, Jackie Reses.
  • Mr. Just will also continue in his role as Chief Accounting Officer, which he has held since November 2020.
  • Any forward-looking statement made by Wish in this news release speaks only as of the day on which Wish makes it.

Financial Executives International (FEI) Boston Announces New Board of Directors

Tuesday, June 22, 2021 - 1:00pm

The Boston Chapter of Financial Executives International (FEI), today announced its incoming Board of Directors.

Key Points: 
  • The Boston Chapter of Financial Executives International (FEI), today announced its incoming Board of Directors.
  • The Boston chapter, one of the largest of FEIs 65 chapters, includes financial management decision-makers from all of the regions major industries.
  • We are looking forward to continuing our strong tradition of connecting CFOs and senior financial executives and helping to advance the careers and organizations of our FEI Boston chapter members, said Beth Kurth, incoming FEI Boston President.
  • Whether using analytics, implementing new software or making strategic leadership decisions, FEI Boston offers unsurpassed insights and expertise.

UN Global Compact CFO Taskforce commits to KPIs to drive private sector investment towards Sustainable Development Goals

Tuesday, June 15, 2021 - 4:40pm

The new KPIs serve as a benchmark on the integration of the SDGs in corporate finance.

Key Points: 
  • The new KPIs serve as a benchmark on the integration of the SDGs in corporate finance.
  • The CFOs will also use the KPIs to set targets on what they want to achieve, both individually and collectively as members of the CFO Taskforce.
  • The UN Global Compact CFO Taskforce, chaired by Alberto De Paoli, CFO, Enel and Scott A. Mather, CIO U.S.
  • Our ambition is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the Sustainable Development Goals through accountable companies and ecosystems that enable change.

CFOs Raise Their Expectations for Growth Across key Metrics, but Cite Concerns Over Inflation, Talent and Execution: Deloitte CFO Signals™ Survey

Monday, June 14, 2021 - 11:00am

Recruiting and retaining talent is the most widely cited internal risk for CFOs, followed by growth and execution.

Key Points: 
  • Recruiting and retaining talent is the most widely cited internal risk for CFOs, followed by growth and execution.
  • CFO expectations for domestic hiring grew to the highest level in a decade, and wage growth expectations ticked upward.
  • Each quarter, CFO Signals tracks the thinking and actions of leading CFOs representingNorth America'slargest and most influential companies.
  • Since 2010, the survey has provided key insights into the business environment, company priorities and expectations, finance priorities and CFOs' personal priorities.

ECA Partners Announces CFO Survey on the Impact of the COVID-19 Downturn on Private Equity-Owned Companies

Tuesday, June 1, 2021 - 6:00pm

SANTA MONICA, Calif., June 1, 2021 /PRNewswire/ -- ECA Partners announces results of a recurring survey of CFOs at Private Equity-backed companies on how the COVID-19 downturn is impacting their financial priorities.

Key Points: 
  • SANTA MONICA, Calif., June 1, 2021 /PRNewswire/ -- ECA Partners announces results of a recurring survey of CFOs at Private Equity-backed companies on how the COVID-19 downturn is impacting their financial priorities.
  • "This supports previous findings that PE-backed companies are better positioned to avoid distress and weather crises than many of their peers."
  • ECA Partners is a leading search firm specializing in placing top candidates in permanent, project and interim roles with PE funds and their portfolio companies.
  • Founded in 2011, ECA is a leading proponent of evidence-based methods in the recruitment and evaluation of talent.

ClassInTheBox Named Among Top 20 Companies to Watch in 2021 by Business Worldwide Magazine

Wednesday, May 19, 2021 - 9:00am

Whether it\'s banking, industry, healthcare, energy, and more; these companies are at the cutting edge of breakthrough technologies, innovation and modernized business structures.

Key Points: 
  • Whether it\'s banking, industry, healthcare, energy, and more; these companies are at the cutting edge of breakthrough technologies, innovation and modernized business structures.
  • He explained to Business Worldwide Magazine, "Our technology enables teachers to get out of the chair and move around, which hadn\'t been possible during the pandemic.
  • "\nAn article on the company can be found on the Business Worldwide Magazine website: https://www.bwmonline.com/2021/05/09/class-in-a-box-the-next-generation-...\nFor further details on the Business Worldwide Magazine Awards, visit https://www.bwmonline.com/awards/\nBusiness Worldwide Magazine is the leading source of business and dealmaker intelligence throughout the world.
  • This readership includes of CEO/CFO - Banks, Corporate Lawyers and Venture Capital/Private Equity Companies to name a few.\n'

ClassInTheBox Named Among Top 20 Companies to Watch in 2021 by Business Worldwide Magazine

Wednesday, May 19, 2021 - 9:00am

Whether it\'s banking, industry, healthcare, energy, and more; these companies are at the cutting edge of breakthrough technologies, innovation and modernized business structures.

Key Points: 
  • Whether it\'s banking, industry, healthcare, energy, and more; these companies are at the cutting edge of breakthrough technologies, innovation and modernized business structures.
  • He explained to Business Worldwide Magazine, "Our technology enables teachers to get out of the chair and move around, which hadn\'t been possible during the pandemic.
  • "\nAn article on the company can be found on the Business Worldwide Magazine website: https://www.bwmonline.com/2021/05/09/class-in-a-box-the-next-generation-...\nFor further details on the Business Worldwide Magazine Awards, visit https://www.bwmonline.com/awards/\nBusiness Worldwide Magazine is the leading source of business and dealmaker intelligence throughout the world.
  • This readership includes of CEO/CFO - Banks, Corporate Lawyers and Venture Capital/Private Equity Companies to name a few.\n'

Appian appoints Monica Pinto as Chief Financial Officer

Monday, May 17, 2021 - 1:00pm

b'Brings 20 years of experience in financial services across Europe, Asia and Latin America and over 25 years of experience in both Emerging Markets and developed economies\nAppian Capital Advisory LLP ("Appian" or the "Company"), the investment advisor to long-term value focused private equity funds that invest solely in mining and mining related companies, announces the appointment of Monica Pinto as the Company\'s Chief Financial Officer ("CFO") with immediate effect.\nAs Chief Financial Officer, Monica will work closely with the Executive Team in managing the financial operations of the Company at a group corporate and portfolio level.

Key Points: 
  • b'Brings 20 years of experience in financial services across Europe, Asia and Latin America and over 25 years of experience in both Emerging Markets and developed economies\nAppian Capital Advisory LLP ("Appian" or the "Company"), the investment advisor to long-term value focused private equity funds that invest solely in mining and mining related companies, announces the appointment of Monica Pinto as the Company\'s Chief Financial Officer ("CFO") with immediate effect.\nAs Chief Financial Officer, Monica will work closely with the Executive Team in managing the financial operations of the Company at a group corporate and portfolio level.
  • She is a founding member and former co-Head of INSEAD\'s Private Equity and Entrepreneurship Club, Portugal.\nMichael W. Scherb, Founder and CEO of Appian, commented:\n"It is fantastic that Monica is joining Appian as Chief Financial Officer, in what is the latest step in the growth and institutionalisation of our Firm.
  • Her experience across financial services and private equity demonstrates that she will be an incredibly valued member of the Executive Team.
  • "\nMonica Pinto, Chief Financial Officer at Appian, added:\n"I am thrilled to be joining Appian at this exciting time, with the business continuing to expand its global breadth and expertise at a time of such opportunity in the sector.