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The premier resource for leaders in corporate finance and accounting. By @industrydive

Washington, DC
Joined June 2009
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Subscribe to The Balance newsletter. Providing daily financial industry insight and practical advice for CFOs. Sign up for free here: cfo.com/link/6551/?utm_sourc…
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Inmar’s longtime CFO on merits of lateral career moves Rich Schmidt, finance chief of the North Carolina-based coupon reimbursement firm for over a decade, says a “penchant for wanting to solve problems” is a trait shared by his top employees. ow.ly/zgQ25102hmN
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As AI use grows, so does CFOs’ responsibility for managing it Yet more than half are still reviewing the technology’s related costs more reactively than proactively, per a new Deloitte survey. ow.ly/SrOj5101IzJ
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When finance transformation changes the work but not the accountability Transformations often change how work gets done faster than they change who is formally responsible for it, which can create novel challenges for the CFO. ow.ly/HaFY5101IxU
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Apollo exec says AI has ‘zero financial payoff’ beyond tech sector Though the artificial intelligence boom has helped lift the stocks of a few tech giants, it’s done little for other S&P 500 firms, argues Apollo Chief Economist Torsten Slok. cfo.com/news/apollo-exec-say…
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FedEx named Jamere Jackson as its new CFO. Jackson most recently led finance and store development at auto parts retailer AutoZone, where he has been finance chief since January 2021. cfo.com/news/fedex-hires-aut…
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Holtec’s ex-CFO awarded $2.1M in whistleblowing case Kevin O’Rourke alleged he was fired from the company for refusing to share a prospectus with a potential investor because he believed it included “false and misleading statements.” ow.ly/EM7z51014kR
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For the majority of companies, risk management still resides in siloes A new Grant Thornton study makes the case for more integration of risk functions, especially cybersecurity. cfo.com/news/for-the-majorit…
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The future CFO needs to think like a CTO Finance leaders are starting to trust AI over their own instincts, but they also need to understand how it can fail. cfo.com/news/the-future-cfo-…
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CFOs On the Move: Union Pacific’s CFO to retire after 35 years, Mach Industries appoints former GM exec as CFO and Pittsburgh Penguins hire a longtime Washington Nationals exec as CFO. ow.ly/zEqA5100vsF
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Morgan Properties CFO on managing an ever-growing portfolio As finance chief of one of the United States’ largest apartment owners, Marina Dikos is focused on integrating a range of disparate systems with each new acquisition. ow.ly/Q3or5100bA3
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PayPal, Nike and Zoom top the list of market-value losers since 2021 Many famous brands with historical records of success are no longer the safe bets they once were. ow.ly/AqQc50ZZSb4
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Federal regulatory enforcement dropped again in H1 2026 The dollar value of enforcement penalties nonetheless ticked up as the “center of gravity” of enforcement shifted “decisively toward the states and the plaintiffs’ bar,” according to Wolters Kluwer. cfo.com/news/federal-regulat…
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Minus AI investments, the US edges toward recession Heavy spending on the nascent technology has been a relative bright spot for the American economy, but it also may expose vulnerability. ow.ly/oluU50ZZnHb
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A saved hour from AI is not yet a cash saving Here’s how CFOs should evaluate claimed AI productivity gains before those gains are translated into budget reductions or return on investment figures. ow.ly/526650ZZlyB
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San Francisco-area nonprofit sues ex-CFO Mental health nonprofit Caminar says former CFO Richard Williams funneled nearly $100,000 to a “sham” vendor he created. He has disputed the allegations. ow.ly/X4Pa50ZZ1wr
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Mattel names second CFO in under 18 months Peter Griffith joins from a biotech company. Paul Ruh, who has been CFO since the spring of 2025, will serve as an adviser through the end of the year. ow.ly/Y9Zo50ZZ5cB
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Can AI hyperscalers afford to build the infrastructure to meet long-term demand? The cost of creating the needed data centers and compute capacity could hit $1.5 trillion annually in five years. ow.ly/P2bp50ZZ1uW
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Reforecast cash every month, or your annual budget isn’t useful Material changes can happen quickly, and CFOs need to embrace a forecasting model that can adapt and provide feedback to the business. ow.ly/pL1P50ZY7IY
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The 6 a.m. CFO: How Standard Premium Finance’s Brian Krogol starts his day Krogol shares what tasks he prioritizes in the morning, the importance of being fully present for his family and how he turned a board game he invented into an app. ow.ly/8Bsh50ZY7zl
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3 tips to manage soaring health costs Speaking at the CFO Leadership Council’s fall conference in Colorado, Marsh McLennan Senior VP Marybeth Gray shared ideas to keep employees healthy and costs down. ow.ly/mM2u50ZYwNu
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