Businesses spent $1.74 trillion on mergers and acquisitions involving U.S. companies during the first six months of the year—the highest amount in more than four decades—as finance chiefs tapped into cheap funding options to acquire technologies, services and other assets.
Boeing’s New CFO Faces Tough Decisions on How to Reduce Debt
Boeing Co.’s new finance chief, a former General Electric Co. manager with close ties to the plane maker’s chief executive, faces tough choices around how to bring down the company’s debt.
Chewy CFO Says Broader Product Range Bearing Fruit in Higher Earnings
Chewy Inc.’s finance chief said recent efforts to expand the pet retailer’s product range are paying off in the form of higher revenue and profit margins.
Stanley Black & Decker CFO Looking for Partnerships With Battery, Chip Makers
Stanley Black & Decker Inc.’s finance chief is spending more time and money trying to strike partnerships with battery and chip manufacturers to help ease the pressure on the tool maker’s supply chain.
Arby’s Owner Promotes Executive From Its Dunkin’ Unit to CFO
Inspire Brands Inc., the owner of Arby’s, Buffalo Wild Wings and other restaurant chains, has tapped the chief financial officer of its Dunkin’ Brands business to manage the group’s finances.
Airbnb Adapts to the Post-Pandemic Traveler—and Host
A rebound in business, and treehouses in your search results: Airbnb’s finance chief told me what’s new at the travel company.
Smucker CFO Weighs Additional Price Hikes if Inflation Exceeds Forecasts
J.M. Smucker Co. is looking at another round of potential price increases on top of hikes planned for July if inflation outpaces the food maker’s current forecasts.
Banks to Companies: No More Deposits, Please
Awash in deposits over the course of the pandemic, some banks are now encouraging their corporate clients to spend the cash on their businesses or move it elsewhere.
Shake Shack Names New CFO
Burger chain Shake Shack Inc. has hired former equity analyst Katherine Fogertey as its next finance chief following the departure of Tara Comonte, who left to serve as chief executive at another company.
CFOs of AT&T, Salesforce and Estée Lauder on Crisis Management
Chief financial officers at AT&T, Salesforce and Estée Lauder discuss how this past year of crisis management produced new ways to assure business continuity and the key insights CFOs can take away.