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NINA TRENTMANN

Financial Journalist

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Finance Chiefs Are Still Trying to Replace Excel With New Tools

July 21, 2021// by Nina Trentmann

Finance chiefs are still trying to get employees to move away from Microsoft Excel, the ubiquitous spreadsheet program loved and loathed by accounting professionals.

Filed Under: Uncategorized

Exxon Turns to Company Outsider to Fill CFO Role

July 19, 2021// by Nina Trentmann

Exxon hired a company outsider to lead its finances, a move that comes as the energy giant faces investor pressure to take more steps to transition away from fossil fuels.

Filed Under: Uncategorized

Levi’s CFO Looks to Bring Down Debt Further as Business Recovers

July 19, 2021// by Nina Trentmann

Levi’s is working to pay down the debt that the jeans maker took on during the onset of the pandemic, joining other publicly traded companies that have reduced their financial obligations.

Filed Under: Uncategorized

ZoomInfo Technologies Using New Financing to Help Pay for AI Startup

July 13, 2021// by Nina Trentmann

Business-intelligence platform ZoomInfo Technologies Inc. raised about $500 million in debt and plans to use some of the funds to buy an artificial-intelligence startup, a deal that comes on the heels of a record-breaking first half of the year for mergers and acquisitions involving U.S. companies.

Filed Under: Uncategorized

What Some CFOs Are Doing to Fight Inflation

July 12, 2021// by Nina Trentmann

Finance chiefs across industries are facing higher costs as the economic rebound drives up demand for raw materials, components, energy and transportation. Wages are also on the rise, adding to the expenses executives need to cover.

From increasing product prices to cutting costs, CFOs have various tools they can use to curb the impact of inflation. Here are some options.

Filed Under: Uncategorized

Bang & Olufsen CFO Sets Price Range for Purchases of Microchips

July 7, 2021// by Nina Trentmann

Bang & Olufsen’s CFO has a new responsibility: Setting the price range for what the company is willing to pay for semiconductors, a tactic aimed at securing supply in a tight market.

Filed Under: Uncategorized

Companies Cutting Office Space Predict Long-Term Savings

July 5, 2021// by Nina Trentmann

Companies expect to reap millions of dollars in savings in the years ahead as they scale back on office space after the coronavirus pandemic emptied workplaces around the country. However, some are paying in the short term for their decision to downsize.

Filed Under: Uncategorized

Cash-Laden Companies Are on a Mergers and Acquisitions Spree

July 4, 2021// by Nina Trentmann

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.

Filed Under: Uncategorized

Boeing’s New CFO Faces Tough Decisions on How to Reduce Debt

July 4, 2021// by Nina Trentmann

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.

Filed Under: Uncategorized

Chewy CFO Says Broader Product Range Bearing Fruit in Higher Earnings

June 24, 2021// by Nina Trentmann

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.

Filed Under: Uncategorized

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