Features

Top CFOs is pleased to announce The Top CFOs of New Jersey for 2024. With its close proximity to major markets, global connections through the East Coast’s largest seaport, and a strong commitment to growing next-gen tech and startup companies, New Jersey continues to evolve as a bustling business hub. The individuals on this year’s list come from a wide range of fields, from AI-focused technology companies to restaurant groups and life science corporations. While the areas of expertise may vary, these leaders share common interests that center around implementing financial strategies that drive company growth...

Chief Financial Officers (CFOs), traditionally seen as guardians of an organization's financial health, are now assuming a pivotal role in shaping strategies and execution related to environmental, social, and governance (ESG) issues. Far beyond managing budgets and financial reports, CFOs are emerging as leaders driving ESG initiatives, aligning financial goals with sustainable objectives...

Top CFOs is pleased to announce the Top 25 CFOs of New York for 2024. Perhaps most well known for the burgeoning financial industry and Wall Street, New York is home to many successful companies across all industries. From technology to healthcare to financial services to media, and beyond, in many ways New York exemplifies the entrepreneurial spirit of America...

Amidst falling inflation, low unemployment rates, and signals from the Federal Reserve about potential interest rate cuts, optimism is growing among forecasters regarding the possibility of the U.S. economy avoiding a recession. Wells Fargo, among the latest to shift its stance, now anticipates a soft landing, diverging from its earlier recession prediction since mid-2022...

In a strategic move, Amazon has revealed a leadership transition, appointing John Felton, the company's top logistics executive, as the new Chief Financial Officer (CFO) for its Amazon Web Services (AWS) cloud computing unit. The announcement, detailed in a blog post by Doug Herrington, Amazon's Worldwide Retail Chief, outlines the reshuffling of key executives...

The past year saw a remarkable $10 billion infusion of funding for generative AI startups, outpacing the general trend of venture capital cooling due to rising interest rates and recession risks. Notably, SoftBank Vision Fund, the world's largest tech-focused investment fund, has been actively investing in both pure-play AI companies and startups integrating AI into core operations...

CFOs in the private equity sector are evolving their approach to financial success by incorporating leading indicators into their analysis, moving beyond traditional lagging indicators. Saori Casey, who recently departed Apple to join Sonos as CFO, highlights the changing landscape for CFOs, especially in private equity, where sponsors closely scrutinize financial and performance metrics across diverse businesses...

The U.S. Department of Labor has unveiled a final rule aimed at providing clearer guidelines for distinguishing between employees and independent contractors under the Fair Labor Standards Act (FLSA). This initiative is intended to combat the issue of employee misclassification, a problem that adversely affects workers' rights to minimum wage and overtime pay, contributes to wage theft, fosters unfair competition, and has broader economic repercussions...

UK Chief Financial Officers (CFOs) are expressing optimism about their businesses as they enter 2024, according to Deloitte's recent CFO survey. The sentiment among finance leaders has seen a second consecutive quarterly rise, with a net 11% of CFOs more optimistic about their business's financial prospects compared to three months ago...

CVS Health has officially appointed Tom Cowhey as its permanent Chief Financial Officer (CFO) following his interim role. Cowhey assumed the interim CFO position in October 2023, stepping in for Shawn Guertin, who served as CFO and president of health services. Guertin, who is on leave due to family health reasons, will formally depart CVS later this year...