Features

August is National Black Business Month, a reminder in which Black-owned enterprises in the United States and around the world are acknowledged and supported. Amazon, which generates more than 60% of its revenue from independent vendors, is capitalizing on this opportunity to underscore its ongoing dedication to Black entrepreneurs...

Artificial intelligence is rapidly transforming the role of Chief Financial Officers from traditional stewards of financial health to strategic leaders driving innovation and growth. AI technologies, including predictive analytics, automation, and advanced risk management, are enabling CFOs to enhance decision-making, improve efficiency, and provide deeper strategic insights...

Personiv, a prominent provider of finance and accounting outsourcing solutions, has published its 2024 CFO Pulse report, which indicates that the shortage of accounting talent is continuing to deteriorate. According to the report, the scarcity of qualified professionals has been acknowledged by 83% of senior executives, a substantial increase from 70% in 2022...

In the past year, Starbucks has nearly doubled its portfolio by certifying 6,091 Greener Stores worldwide, demonstrating substantial progress in its sustainability initiatives. This accomplishment is a critical milestone in the company's pursuit of certifying 10,000 Greener Stores globally by 2025...

According to PwC’s June 2024 Pulse Survey, Chief Financial Officers (CFOs) are navigating the delicate balance between driving immediate performance and investing in future growth. The survey indicates that 58% of CFOs are dedicating more time to financial planning and analysis and business performance management compared to the previous year...

The Estée Lauder Companies has appointed Akhil Shrivastava as Executive Vice President and Chief Financial Officer, effective November 1, 2024. He succeeds Tracey T. Travis, who announced her retirement after eight years with the company. With over 25 years of extensive experience, Shrivastava has been with Estée Lauder since 2015, previously holding senior roles including Senior Vice President, Corporate Controller, and Senior Vice President, Treasurer...

Adobe has introduced an update to its Adobe Express for Education platform, designed to enhance creativity and engagement in classrooms through responsible generative AI. The platform, reaching millions of students and teachers globally, now includes features powered by Adobe Firefly, enabling students to generate templates, coloring pages, and multimedia presentations with simple text prompts...

Effective August 1, 2024, ADM has appointed Monish Patolawala as its Executive Vice President and Chief Financial Officer. Ismael Roig's successor has over 25 years of experience in global finance and technology, having previously served as the President and CFO of 3M Company...

CAP's recent report on executive compensation reveals distinct trends in 2023 for Chief Financial Officers and Chief Executive Officers across 132 companies with median revenues of $14.6 billion. CFOs saw a median base salary increase of 4%, consistent with the previous year, while CEOs experienced no median salary increase, a notable drop from 2022's 2.9%...

As of July 2024, Walmart and Sam’s Club have integrated new technology to streamline food waste management, boosting sustainability and improving operational efficiency. In collaboration with Denali, the leading recycler of organic materials, Walmart implemented the Zero Depack program in more than 1,400 locations and clubs...