CFO Pulse News and Headlines
CFO Pulse News and Headlines
Days cash on hand remains a core liquidity metric, but setting the right target now requires balancing risk, investment needs, and capital access. Benchmarking data from the American Productivity & Quality Center shows top‑performing firms hold about 100 days, the median sits at 85 days, and the lowest quartile averages 70 days. CFOs are urged to move beyond static averages, using risk‑based targets, worst‑case stress tests, and dynamic forecasting. Ultimately, excess cash should be redeployed toward strategic initiatives rather than left idle.
Levi Strauss & Co. posted a 14% year‑over‑year revenue increase for the quarter ending March 1, 2026, driven by robust demand for its premium denim and a surge in direct‑to‑consumer sales. The company reported higher average selling prices and improved gross margins,...
PMC Treasury announced the appointment of Paul deCrane as Global Head of Treasury Solutions, reflecting its ambition to accelerate global growth of the practice. DeCrane brings over 20 years of treasury leadership from JPMorgan, ING, EY and Zanders, with a...
Kontoor Brands announced that Chief Financial Officer Joseph Alkire will also assume global responsibility for the Helly Hansen brand, effective immediately. The move pairs Alkire with Børre Hegbom, who was promoted to Senior Vice President and Global Head of Helly...
Acuity Brands reported Q2 fiscal 2026 net sales of $1.1 billion, a 5% increase year‑over‑year, driven primarily by strong growth in its Acuity Intelligence Spaces (AIS) segment. The Acuity Brands Lighting (ABL) segment saw sales dip 3% to $817 million, but both...
RPM International reported record consolidated sales, rising 3.5% year‑over‑year, powered by acquisitions and high‑performance building solutions. Adjusted EBIT and EPS fell as higher SG&A, M&A costs, and temporary consolidation inefficiencies outweighed top‑line growth. The company launched a $100 million SG&A optimization...
Levi Strauss & Co. reported $1.7 billion revenue for the quarter ending March 1, beating analyst forecasts and prompting an upgrade to its full‑year organic and net‑revenue outlook as well as adjusted EPS guidance. CEO Michelle Gass highlighted resilient consumer demand and...
Aehr Test Systems reported a fiscal Q3 loss of $0.05 per share, with revenue dropping to $10.3 million, down 44% year‑over‑year. Despite the earnings miss, the company posted $37.2 million in bookings, surpassing analyst expectations. Management raised its full‑year FY2026 revenue guidance...
Veradigm announced Christian Greyenbuhl will become its chief financial officer, effective May 11 or the day after the company files its overdue 2023 and 2024 annual reports. The health‑IT firm was delisted from Nasdaq in early 2024 after missing quarterly and annual...
Food City announced the promotion of Paul Cox to senior vice president and chief financial officer, succeeding Eddie Neely who is retiring after five years in the role. Cox, a veteran of the parent company K‑VA‑T Food Stores since 1983,...
iFIT Inc. announced the appointment of Marc Washington as President and Chief Financial Officer, bringing over two decades of leadership in health, wellness and fitness. Washington previously founded Supergut, served as President and COO of Beachbody, CEO of Irwin Naturals, and...
Middle‑market private companies often suffer a silent EBITDA erosion caused by cumulative capitalization drift, where small, conservative accounting choices compound over time and shift otherwise capitalizable costs to operating expense. The drift typically reduces EBITDA by 20‑30% of audit materiality,...
Episode Six co‑founder and CFO Chermaine Hu explains how her 14‑year Morgan Stanley M&A background shapes the fintech’s capital allocation and growth strategy. She emphasizes disciplined, goal‑driven expansion—building local reference clients before hiring en masse, especially in the U.S. market....
CFOs are tightening risk management as geopolitical instability tops their threat list, yet 90% still anticipate industry growth and plan higher investment in capital, R&D and marketing. Two‑thirds are bolstering cash buffers and shifting focus to short‑term performance metrics, while...
TextMagic reported a 5% year‑over‑year decline in Q1 2026 unaudited revenue to €3.332 million (≈$3.7 million), driven by adverse USD and GBP exchange rates. Adjusted for constant currency, revenue would have risen 2% to €3.587 million. Despite lower revenue, SMS volume grew 11% to...
Swiss‑Dutch nutrition and beauty group dsm‑firmenich has accelerated its share repurchase program, buying back €540 million of ordinary shares, including €40 million for share‑based compensation and €500 million to shrink issued capital. Between March 30 and April 2, the company repurchased 310,000 shares at an...
Phoenix Education Partners reported Q1 2026 results with revenue of $262 million, up 2.9% year‑over‑year, driven by a 4.1% rise in total degree enrollment to 85,600 students. Employer‑affiliated (B2B) enrollment grew to roughly 34% of the student base, lifting adjusted EBITDA...
Paradies Lagardère announced the appointment of Will Andrews as its chief financial officer. Andrews, a former senior vice president at ed‑tech firm Risepoint, also held senior finance roles at The Home Depot and spent time in investment banking. He will...
Oracle has appointed Hilary Maxson, former Schneider Electric CFO, as its new chief financial officer, effective immediately. Maxson will receive a $950,000 base salary, a $2.5 million target bonus and a $26 million equity grant. The hire comes as Oracle accelerates AI...
Expand Energy announced Marcel Teunissen as its new chief financial officer, effective Monday, replacing interim CFO Brittany Raiford who will resume investor‑relations duties. Teunissen joins after serving as North America president and former CFO of Canada’s Parkland Corporation, and after a two‑decade...
Tyson Foods Inc. announced that Phillip Thomas will resume the role of chief accounting officer on April 6, 2026, after previously serving from July 2020 to December 2023. Thomas has spent six years as vice president and controller and held senior finance positions dating back...
Adrianne Lee, former president and CFO of Bed Bath & Beyond, will become Sally Beauty’s chief financial officer on April 28, succeeding Marlo Cormier. Lee brings a track record that includes finance leadership at Hertz and Best Buy, and Sally Beauty’s CEO highlighted her strategic...
Sally Beauty announced Adrianne Lee, former president and CFO of Bed Bath & Beyond, will become its chief financial officer on April 28. Lee brings extensive finance experience from Hertz, Best Buy and other consumer‑facing firms. The appointment comes as Sally Beauty expands into social commerce...
The Real Brokerage Inc. (NASDAQ: REAX) will release its first‑quarter 2026 financial results on May 7, 2026, before the market opens, followed by an investor conference call at 8:00 a.m. ET. The call will be accessible via a toll‑free dial‑in and an audio‑only webcast,...
Sharps Technology reported FY2025 results, highlighting a dramatic balance‑sheet transformation driven by a Solana‑based treasury. The company accumulated over 2 million SOL, staking 95% at roughly 7% gross annual yield, which produced $6.8 million of its $7.0 million revenue. Total assets rose to...
Former Co‑op Group chief executive Shirine Khoury‑Haq left in March after four years, taking a total 2025 remuneration of almost £1.9 million (about $2.4 million). The package included a £165,000 ($211,000) “rewarding growth” bonus and a pending £682,000 ($873,000) performance bonus that...
Climb Bio announced that Senior Vice President of Finance Cindy Driscoll will depart on April 30, 2026, and that Chief Financial Officer Dr. Susan Altschuller will assume the principal accounting officer role. The biotech firm, valued at roughly $313 million, has...
Payward announced Robert Moore as its new chief financial officer, effective immediately. Moore, who joined the firm over four years ago, previously led senior finance roles and spearheaded the acquisition and integration of NinjaTrader. His background includes fifteen years at...
The 2026 Deloitte CFO Signals survey of 200 North‑American finance chiefs reveals digital transformation, cash‑management optimization, and capital allocation as top priorities. Each priority directly influences indirect tax strategy, from ERP‑driven tax automation to cash‑reserve efficiency and supply‑chain‑related nexus risks....
April 2026 saw a wave of senior appointments across the U.S. accounting sector. Kaufman Rossin announced CFO Marc Feigelson will become CEO in June, underscoring its commitment to independence. CohnReznick bolstered its advisory platform by hiring Deirdre Cronin, Nicholas Papke...
U.S. companies with global exposure are confronting a fresh surge in foreign‑exchange volatility as the dollar strengthens amid geopolitical tension and divergent monetary policies. CFOs are being urged to move beyond reactionary hedging and adopt structured risk‑management frameworks that separate...
Food City announced internal promotions, naming Paul Cox as senior vice president and chief financial officer while adding him to the board of directors, and elevating Sara Baldwin to vice president of finance. The changes come after the retirement of...
Stephen Agostini, the former CFO of UCLA who was dismissed after publicly projecting a $425 million deficit, has been appointed finance chief of Culver City, California. The city’s manager praised Agostini’s “financial discipline” as the municipality tackles long‑term fiscal challenges. UCLA...
Village Farms International announced a succession plan for its long‑time CFO Stephen Ruffini, who will stay in the role until a permanent replacement is found and then transition to lead the company’s mergers and acquisitions function. Ruffini, a 17‑year veteran,...
Advania UK has appointed Sabrina Harris as chief financial officer and Tara Allison as chief marketing officer. Harris joins from BT, bringing experience in commercial finance and large‑scale technology transformations, while Allison arrives with over 25 years of B2B tech...
Celyad Oncology posted FY 2025 results showing a dramatic turnaround, with net profit of €0.8 million (≈$0.86 M) versus a €5.8 million loss a year earlier. Revenue collapsed to €0.02 million (≈$22 k) while other income jumped to €8.3 million (≈$9 M) driven by a €2.3 million asset‑sale gain,...
Matt Peterson, the new CFO of fintech lender Branch, says an IPO should be treated as a discipline rather than a deadline, emphasizing rigorous fundamentals over timing. He draws on his experience guiding Fastly’s 2019 IPO and highlights usage‑based pricing...
Clari and Salesloft have appointed Rick Hasselman as chief financial officer to steer financial strategy after their December 2025 merger. Hasselman, a 30‑year finance veteran, will oversee integration of the two platforms and embed rigorous financial discipline. His mandate includes...
Hudson Structured Capital Management (HSCM) promoted Bernard Opoku to Partner, confirming his role as Managing Director and Chief Financial Officer since October 2023. Opoku, who joined HSCM in 2018 after six years at KPMG’s Bermuda ILS practice, now leads the...
Conversational AI platform Gupshup saw India revenue dip 5.3% to about $234 million in FY25, down from $247 million the prior year. Net profit slumped 52% to roughly $3.1 million, compared with $6.5 million in FY24. Miscellaneous expenses, largely fees to solution providers, remained...
Volta Finance Limited released its half‑year financial report for the period ending 31 January 2026. The Guernsey‑incorporated vehicle, listed on Euronext Amsterdam and the London Stock Exchange, continues to focus on collateralised loan obligations (CLOs) and structured‑finance assets under BNP Paribas Asset Management...
Wadih J. Khayat, former senior vice‑president and CFO of Coca‑Cola Europe, has been appointed chief finance officer of Driscoll’s. In his new role he will oversee global finance, technology and strategy, focusing on disciplined capital deployment across the berry company’s...
Lindsay Corp reported Q2 2026 revenue of $155.8 million, a 6% decline driven primarily by a 9% drop in irrigation sales, while infrastructure revenue grew 17%. Operating income fell 6% to $19.6 million, but the operating margin held steady at 12.6% thanks...
Cal-Maine Foods held its fiscal Q3 2026 earnings conference call on April 1, 2026. CEO Sherman Miller thanked employees and acknowledged the recent passing of long‑time board member Jim Poole. The company announced the appointment of Dudley Wooley to the board, emphasizing his risk‑management expertise....
Quadrise Plc presented its Q2 2026 interim results, highlighting that the MSC‑Cargill trial is now the central operational focus. The company disclosed ongoing face‑to‑face talks with OCP that could launch a second trial and eventually a commercial off‑take agreement. It also...
HCA Houston Healthcare Tomball announced Francis Tezanos as its new chief financial officer, effective Jan. 12. The 350‑bed facility, part of the Nashville‑based HCA Healthcare system, expects Tezanos to steer budgeting, revenue‑cycle management and strategic financial planning. Previously, he served as...
Sheneice M. Hughes is retiring as deputy director of finance, people and culture for aviation at Dallas Love Field after 13 years in the airport and 26 years with the City of Dallas. She launched the Airport Communications Center, secured...
HYBE announced a $100 million paid‑in capital increase for its U.S. arm, HYBE America, acquiring 10 million new shares. The infusion is intended to smooth operations of the e‑commerce and label businesses, which posted $19 million revenue and a $12 million net loss in...
BDx Data Centers has closed a $320 million loan facility led by Bank Permata, BCA and KB Bank to fund its Indonesia expansion. The financing will support the AI‑focused CGK3 campus in Jakarta, upgrade high‑voltage power at the CGK4 and CGK5 sites,...
Trustmark announced that longtime finance chief Thomas Owens will become chief operating officer on May 1, while industry veteran Joseph Bond will take over as chief financial officer. Owens, a 13‑year Trustmark veteran, previously served as CFO since 2021, overseeing capital...
