CFO Pulse News and Headlines
CFO Pulse News and Headlines
UPS CFO Brian Dykes announced the company will freeze its dividend in 2026, ending expectations of a raise. The logistics giant is currently paying out 80%‑90% of net income, well above its long‑term 50%‑60% target. A sharp reduction in Amazon‑related revenue—about $5 billion—combined with fleet upgrades and a transition of Ground Saver to the USPS is compressing margins. Management expects operating margins to rebound later in 2026 as automation and higher‑margin services take hold.
Denison Mines Corp. posted Q4 2025 revenue of $899,530, up 10.43% year‑over‑year and $96,510 above estimates, while earnings per share slipped to a loss of $0.02, missing consensus by $0.01. CEO David Cates announced that the Phoenix ISR uranium mine secured...
Electra Battery Materials announced the restart of construction on its Ontario cobalt sulfate refinery, approving a US$73 million budget and securing US$82 million in financing, including US$20 million from the U.S. Department of War and US$28 million from Canadian government sources. The company completed...
The Dallas Mavericks announced the hiring of Chicago Bulls veteran Kieran Kelliher as chief financial officer. Kelliher, a CPA with a master’s in accounting and nine years at Deloitte, spent 12 years with the Bulls, overseeing the 2020 NBA All‑Star...
Traeger awarded discretionary cash bonuses of $956,250 to CEO Jeremy Andrus and $270,938 to CFO Michael Hord, even though the 2025 annual cash incentive program targets were not met. The bonuses are intended to retain senior leadership as the outdoor‑cooking...
Colonna’s Shipyard has appointed Brian Waterfield as chief financial officer, effective March 30, 2026. Waterfield joins after more than nine years at BDO, where he served as assurance director focusing on government contracts, nonprofits, and construction. He will oversee accounting and support...
Finance leaders are increasingly hampered by a manual, spreadsheet‑heavy financial close that drags on for weeks and diverts senior talent to reconciliation work. The article argues that this bottleneck erodes data quality, controls, and strategic insight, especially as reporting demands...
Former Freddie Mac CEO Donald Layton argues that the government‑sponsored enterprises (GSEs) can achieve capital reform faster by lowering minimum capital standards and using the 2018 Enterprise Regulatory Capital Framework (ECRF) as a template. He cites the Trump administration's executive order...
Group reporting and consolidation have become essential to CFO credibility as organizations grow in complexity. Finance teams still rely on fragmented, period‑driven processes that deliver insights too late for effective decision‑making. The playbook advocates moving to continuous, connected consolidation, providing...
Unity reported first‑quarter revenue of $505‑$508 million, comfortably beating its $480‑$490 million guidance, and forecast adjusted EBITDA up to $135 million, a 58% year‑over‑year increase. The company announced it will shut down the IronSource Ads Network by April 30 2026 and is actively seeking a...
Asda posted total sales of £21 billion (≈ $26.3 billion) for 2025, a 3.3% year‑on‑year decline. Adjusted EBITDA after rent fell 33.1% to £764 million (≈ $955 million), while net debt shrank by £500 million (≈ $625 million) to £3.1 billion (≈ $3.9 billion). The retailer highlighted progress on its Formula for...
A wave of CFO appointments swept multiple industries this week, with Kieran Kelliher joining the Dallas Mavericks, Lee Quackenbush moving to indoor‑farming operator Cox Farms, and Brittany Cerwin promoted at Middleby. Nu Skin named Chelsea Lantz interim CFO, while Phyllis...
Wellhub, formerly Gympass, secured $85 million Series F financing in 2023, valuing the corporate wellness platform at $2.4 billion and earning unicorn status. The company now serves nearly 40,000 corporate clients and, after partnering with Anytime Fitness, operates the largest U.S. fitness network...
The Quito Group, owner of ECS, Global GSA, CargoTech and other logistics firms, completed a refinancing of its €250 million ($275 million) debt and secured a new €70 million ($77 million) investment facility. The fresh capital will fund digitalisation, infrastructure upgrades and the rollout...
Wolfspeed Inc. raised $475.9 million through a $379 million 3.5% convertible senior secured note offering and $96.9 million of equity and pre‑funded warrants. The proceeds were used to redeem $475.9 million of its 2030 senior secured notes, slashing the outstanding balance by 43%. The...
Vantiva reported estimated 2025 results showing a 7% drop in sales to €1.736 bn (about $1.9 bn), driven mainly by a weaker dollar and a steep decline in its Video segment. Adjusted EBITDA surged 33% to €145 mn (≈$157 mn), reflecting cost efficiencies and...
Air India Express lifted its borrowing limit by 25% to ₹17,500 crore (≈ $2.1 billion) to fund near‑term operations after FY25 losses surged to ₹5,822 crore (≈ $702 million) despite a 26% revenue rise. Debt climbed 61% to ₹10,087 crore (≈ $1.2 billion), now exceeding the airline’s ₹16,033 crore (≈ $1.9 billion)...
Sanuwave Health reported record Q4 and full‑year 2025 results, with quarterly revenue of $13.4 million—a 29.7 percent increase—and annual revenue of $44.1 million, up 35 percent from 2024. Gross margin slipped to 74.7 percent in Q4 due to a $486 k inventory write‑off, while adjusted EBITDA...
Veritone reported preliminary Q4 2025 revenue of $18.1 million to $30.0 million and a GAAP net loss ranging from $25.1 million to $37.0 million. The company highlighted a strategic multi‑year agreement with Oracle to run its AI solutions on Oracle Cloud Infrastructure, aiming to...
Fastned announced that long‑time CFO Victor van Dijk will leave the executive board to become Vice President of Strategy, joining the leadership team directly below the board. In his new role, van Dijk will shape the company’s long‑term vision, equity...
ArcelorMittal Nippon Steel India announced that CFO Amit Harlalka will assume the role of CEO on July 1, succeeding Dilip Oommen, who retires after a 22‑year tenure. Oommen, 68, will remain on the board and serve as Vice‑Chairman of ArcelorMittal India, preserving...
Pony AI reported its first profitable quarter, posting a net income of $75.5 million for the three months ended December. The company’s full‑year loss shrank 72 % to $76.8 million, while revenue grew 20 % to $90 million. The profit stemmed primarily from an early‑stage...
Planet 13 Holdings held its Q4 2025 earnings call on March 25, 2026, presenting both quarterly and full‑year financial results. Co‑CEOs Larry Scheffler and Robert Groesbeck led the discussion, with interim CFO Steve McLean providing financial commentary. The company reminded participants that forward‑looking...
Marchex, Inc. held its Q4 2025 earnings conference call on March 25 2026, delivering both GAAP and non‑GAAP financial results for the quarter and full year. The leadership team—including COO Francis Feeney, Executive Chairman Russell Horowitz, President Troy Hartless, and CFO Brian Nagle—walked investors through the numbers...
Robinhood announced a promotion grant of restricted stock units worth $18 million for CFO Shiv Verma, alongside a salary increase to $600,000 and a higher bonus target of 75% of base pay. The compensation changes were disclosed a day before the...
Robinhood's board approved a $1.5 billion share repurchase, adding $1.1 billion of incremental capacity to prior authorizations. The program follows a $1 billion buyback launched in May 2024 and a $500 million addition in April 2025. To date, Robinhood has repurchased over 25 million shares at about...
Communications platform-as-a-service provider Nebula announced Eric Dodd as its new chief financial officer. Dodd, a chartered accountant with Deloitte and former CFO of K3 BTG and Attraqt, brings over 15 years of finance, HR, legal, and compliance experience to the growth‑stage...
Baozun Inc. reported unaudited Q4 and FY 2025 results, showing modest top‑line growth of 5.9% and 5.6% respectively, while profitability surged. Adjusted operating profit rose 91% YoY in the quarter and non‑GAAP net income jumped 249% to $22.8 million. The Brand Management...
Observe Medical ASA reported an 80% increase in its last‑twelve‑month quarterly sales. The company unveiled the UnoMeter Safeti Max, extending the UnoMeter brand across its distributor network. Sales now cover 46 countries, and the addressable market has expanded from roughly...
Asos reported a roughly 50% jump in adjusted EBITDA for the half‑year to March 1, driven by tighter cost control, higher gross margins and a lower returns rate, even after accounting for US tariff impacts. Gross margin rose 330 basis points...
Oil States International announced that President and CEO Cindy Taylor will retire on May 1, 2026 after more than 25 years at the helm, with CFO Lloyd Hajdik slated to succeed her. Taylor will stay on as a consultant through October 2026 to...
Skeena Resources Limited released its fourth‑quarter and full‑year 2025 financial results, reaffirming that the Eskay Creek gold‑silver project in British Columbia is fully permitted and now under construction. The company targets initial production and positive cash flow in the second...
PXP Energy Corp. will exchange roughly ₱561 million (≈ $10 million) of loans for 561 million new common shares in its subsidiary Forum Exploration, Inc., raising Forum Energy Philippines’ ownership to 91.65% from 66.67%. The conversion is intended to shore up Forum Exploration’s balance...
Perma‑Fix Environmental Services held its fourth‑quarter and fiscal 2025 earnings call on March 24, 2026, releasing the company’s Q4 and full‑year financial results. CEO Mark Duff and CFO Ben Naccarato presented the numbers and outlined strategic initiatives, while emphasizing the firm’s role...
Vantage Data Centers announced the appointment of Scott Beasley as its global chief financial officer, overseeing finance, accounting, capital markets, procurement, and corporate development. Beasley, based in Denver, brings extensive experience from leading Frontier Communications through a $12 billion fiber investment...
Aditya Birla Fashion & Retail announced a comprehensive leadership reshuffle, appointing Suraj Bahirwani as CEO‑designate of Pantaloons effective April 1, 2026, with full CEO duties beginning October 1, 2026. Current CEO Sangeeta Tanwani will transition to an advisory role until...
Founders rarely realize they need a CFO until financial complexity outpaces simple bookkeeping. At that inflection point, a fractional CFO delivers senior‑level expertise, turning raw data into strategic decisions that safeguard cash flow and guide growth. By contextualising metrics against...
HF Foods Group reported Q4 2025 net revenue of $1.23 billion, up 2.2% year‑over‑year, while adjusted EBITDA increased 6.9% to $45 million. The company completed an enterprise‑resource‑planning rollout across all distribution centers, re‑categorizing SKUs and fixing IT control deficiencies. Facility upgrades in...
Kandal M Venture Limited reported a 17% revenue decline to $7.9 million for the six months ended September 30 2025, driven primarily by higher U.S. import tariffs and related discounts. Gross profit fell 34.7% and margin slipped to 18.7% as material and labor...
Electronic Arts is courting investors for a $15 billion debt package that will fund its acquisition by a consortium of private‑equity firms. The financing proposal emphasizes roughly $700 million in annual cost‑saving synergies that the new owners expect to recognize as earnings....
WeRide announced full‑year 2025 revenue of $97.9 million, a 90% increase year‑over‑year, driven by a 310% surge in product sales and a 210% jump in robotaxi revenue. The company’s robotaxi fleet expanded to 1,125 vehicles operating in 12 countries, while gross...
Pyxis Oncology announced completion of target enrollment for its Phase 1 MICVO monotherapy study in recurrent/metastatic head and neck cancer, enrolling roughly 40 patients. Interim CEO Thomas Civik highlighted promising early efficacy, with a 46% objective response rate as monotherapy and a...
Metro Pacific Investments Corp (MPIC) raised its 2026 capital expenditure budget to over ₱200 billion, up from roughly ₱190 billion in 2025, driven primarily by large‑scale renewable‑energy projects such as Meralco’s SP New Energy Corp and the Terra Solar farm, slated to...
Flipkart announced that Group CFO Sriram Venkataraman will step down after a decade, remaining temporarily to aid transition. Marketplace CFO Ravi Iyer will assume interim oversight of the finance function. The change aligns with Flipkart’s accelerated preparations for a domestic...
Schupan announced the appointment of Mandy Lovelady as its new chief financial officer. Lovelady arrives from Perrigo, where she most recently served as CFO of the International division in Dublin. She brings more than two decades of experience in financial...
Private equity‑backed companies are hunting CFOs who go beyond traditional finance stewardship. Recruiters cite four non‑negotiables: acting as an operational copilot, possessing advanced AI expertise, being transaction‑ready, and showing a strong backbone. With roughly 21,000 PE‑backed firms in the U.S....
The article explains the “jock tax,” a multi‑state income‑sourcing rule that taxes athletes based on the number of duty days spent in each jurisdiction. It uses Sam Darnold’s $249,000 California tax bill after the Super Bowl to illustrate how the...
Flipkart announced that Group CFO Sriram Venkataraman will step down, with a transition period before Ravi Iyer, currently CFO of the core marketplace, assumes the broader finance leadership. The move comes as the Walmart‑owned e‑commerce platform intensifies preparations for a...
Ledger has appointed John Andrews, former Circle capital‑markets head, as its new chief financial officer. The hire coincides with the launch of a multi‑million‑dollar New York office, intended to serve as a hub for Ledger Enterprise’s institutional push. Andrews’ 25‑plus years...
Flipkart announced that Group CFO Sriram Venkataraman will step down, with a transition period overseen by current CFO Ravi Iyer. The company simultaneously appointed Nishant Verman as Senior Vice President of Corporate Development and Partnerships, bringing back his experience from...
