CFO Dive@CFODive

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 Washington, DC
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Joined May 2019
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CFO Dive@CFODive
Aug 14
How is the CFO role evolving? Join us Sep 30 for CFO Live 2026: Future of Finance, a free half-day virtual event featuring finance chiefs discussing IPO readiness, tax standards, tech ROI & talent challenges. Register now: events.industrydive.com/even…
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X Strategies sues co-founder for $29M embezzlement scheme #embezzlement #legalissues cfodive.com/news/x-strategie… via @CFODive

X Strategies sues co-founder for $29M embezzlement scheme

Derek Utley won $26 million betting with company funds — before losing $29 million, contributing to a $3 million deficit, X Strategies claims.

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26 state attorneys general call on Congress to rein in AI, flagging risks #AI cfodive.com/news/26-state-at… via @CFODive

26 state attorneys general call on Congress to rein in AI, flagging risks

Legislation introduced in the Senate on Wednesday would pause AI research until the creation of a federal department that would regulate the technology.

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Microsoft AI ‘playbook’ touts revenue gains from sales pilot #AI cfodive.com/news/microsoft-a… via @CFODive

Microsoft AI ‘playbook’ touts revenue gains from sales pilot

The sales initiative led to a 9.4% rise in revenue per account manager and 20% higher close rates, the company said.

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Turning tariff refunds into lower prices is popular and perilous #tariffrefunds #tariffs cfodive.com/news/turning-tar… via @CFODive

Turning tariff refunds into lower prices is popular and perilous

In a recent informal CFO Dive poll, 46% of finance executives said using tariff refunds to lower prices was the best strategy.

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.@amazon , @Costco among companies fighting centralized tariff refund suits #tariffs #tariffrefunds cfodive.com/news/amazon-comp… via @CFODive

Amazon, Costco among companies fighting centralized tariff refund suits

There is no “industry-wide pricing decision tying the defendants together,” attorneys for over a dozen companies facing tariff lawsuits said in their motion.

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What's the real ROI on AI investments? Join leaders from KPMG, Bain & Company, and Citi on September 30 to explore how CFOs can separate hype from opportunity and build a disciplined approach to technology investments. Register: events.industrydive.com/even…
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AI safety debate expected to put more pressure on CFOs cfodive.com/news/ai-safety-d… via @CFODive

AI safety debate expected to put more pressure on CFOs

Recent rogue AI incidents and warnings from industry leaders could push risk management higher on the CFO agenda.

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Fed hikes main interest rate by quarter point, citing stubborn inflation cfodive.com/news/fed-hikes-m… via @CFODive

Fed hikes main interest rate by quarter point, citing stubborn inflation

The monetary tightening provoked criticism from President Donald Trump, who has repeatedly called on the Fed to cut the main interest rate regardless of price pressures.

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Trump calls AI safety concerns a ‘hoax’ as alarm grows cfodive.com/news/trump-calls… via @CFODive

Trump calls AI safety concerns a ‘hoax’ as alarm grows

AI executives are calling for Washington to impose safeguards as the president argues the U.S. needs to stay ahead of China.

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.@HubGroup names new CFO: provides accounting error update #accounting #financialreporting cfodive.com/news/hub-group-n… via @CFODive

Hub Group names new CFO: provides accounting error update

The company brought back its long-time CEO and appointed a CFO-elect as it continues efforts to restate three years of financials after identifying a $77 million error.

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ADM’s ex-CFO gets @SECGov to produce over 307,000 documents in fraud case #fraud #accounting cfodive.com/news/adm-ex-cfo-… via @CFODive

ADM’s ex-CFO gets SEC to produce over 307,000 documents in fraud case

The federal accounting fraud suit against the grain giant’s former CFO Vikram Luthar is inching along toward a March deadline for the discovery phase.

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Ex-CFO gets prison in $4.2M crack cocaine embezzlement scheme #fraud cfodive.com/news/ex-cfo-gets… via @CFODive

Ex-CFO gets prison in $4.2M crack cocaine embezzlement scheme

New York prosecutors said the former CFO tapped company fuel cards to buy prepaid cards that he then exchanged for drugs.

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SBA draws fire with plan to allow bigger firms to win federal contracts #federal #contractors cfodive.com/news/sba-draws-f… via @CFODive

SBA draws fire with plan to allow bigger firms to win federal contracts

Levels for eligibility will rise tenfold or more in professional services, information technology, engineering and other business categories, an attorney at Schwabe, Williamson & Wyatt said.

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The Trade Desk cuts 15% of workforce #jobs cfodive.com/news/trade-desk-… via @CFODive

The Trade Desk cuts 15% of workforce

The layoffs come about two months after Hewlett Packard Enterprise alum Nate Olmstead took the digital ad company’s CFO seat. 

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Hiring beats forecasts, enabling @federalreserve to focus on curbing inflation #interestrates #inflation #labormarket cfodive.com/news/hiring-beat… via @CFODive

Hiring beats forecasts, enabling Fed to focus on curbing inflation

Soon-to-be-released inflation “reports have the power to decide whether the Fed hikes or holds,” Fifth Third Commercial Bank Chief U.S. Economist Bill Adams said.

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Services sector expands faster than forecast: ISM survey #economy cfodive.com/news/services-se… via @CFODive

Services sector expands faster than forecast: ISM survey

Strength in the services sector bolsters forecasts that the U.S. economy will expand slightly more than 2% this year, Federal Reserve Governor Christopher Waller said.

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Finance is ‘leaning in’ to manage healthcare costs, WTW exec says #CFO cfodive.com/news/finance-lea… via @CFODive

Finance is ‘leaning in’ to manage healthcare costs, WTW exec says

CFOs are increasingly partnering with human resource executives to help trim rising healthcare costs, WTW’s Tim Stawicki says.

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Texas charity’s ex-CFO sentenced in $2.1M mobile check scheme #embezzlement #fraud cfodive.com/news/texas-chari… via @CFODive

Texas charity’s ex-CFO sentenced in $2.1M mobile check scheme

Jeffrey Keehn used embezzled funds to support a lifestyle that included two residences, an SUV, and gold and platinum coins, prosecutors said.

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Warsh pledges to slow inflation to 2%, saying @federalreserve may have ‘work to do’ #interestrates #inflation cfodive.com/news/warsh-pledg… via @CFODive

Warsh pledges to slow inflation to 2%, saying Fed may have ‘work to do’

The comments by Warsh prompted futures traders to increase the odds that policymakers next month will push up the main interest rate.

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How tariff refunds are shaking up earnings calls #tariffs cfodive.com/news/tariff-refu… via @CFODive

How tariff refunds are shaking up earnings calls

Billions have been paid out in tariff refunds, with the impact showing up prominently in public companies’ earnings calls and financial statements.

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