Kristin Broughton

2 weeks ago | wsj.com | Kristin Broughton

Moylan, who is 74 years old, stands out among public-company CFOs for the 17 years he has spent on the job: The average tenure for CFOs in the Russell 3000 index was about five years in 2024, according to MyLogIQ, a financial data provider. The Wall Street Journal spoke with Moylan about his time at Ciena, and how the company is responding to tariffs. Here’s a condensed and edited transcript. WSJ: You’ve been in your role for 17 years. Why are you leaving now?

3 weeks ago | wsj.com | Kristin Broughton |Dean Seal

Edwards succeeds Adrian Mitchell, who has served as Macy’s chief financial officer since November 2020 and as COO since March 2023. “He played a vital role in steering us through the pandemic,” Tony Spring, the company’s chief executive, said in a press release. Mitchell also modernized the company’s financial operations, Spring said. Macy’s is in the midst of a turnaround under Spring, who took over as CEO last year.

1 month ago | wsj.com | Kristin Broughton

Southwest Airlines is ditching practices that set it apart in the industry, such as free checked bags and open seating. In its finance function, it is getting rid of fuel hedging. Southwest, the discount carrier known for bucking industry trends, is abandoning the strategy because it is too costly, and hasn’t paid off for much of the past decade.

1 month ago | wsj.com | Kristin Broughton |Mark Maurer |Jennifer Williams-Alvarez

Your browser does not support HTML5 video. 0:00Playing0:30 / 2:14Finance executives are stressing the importance of a steady hand in the C-suite and a clear-eyed view of business risks as their companies confront a thicket of unknowns on tariffs and other policy changes under the Trump administration. Chief financial officers discussed the need to provide stability in steering a company’s finances through periods of uncertainty during the Wall Street Journal CFO Network Summit on Thursday.

1 month ago | wsj.com | Colin Kellaher |Kristin Broughton

Smith succeeds Rachel Ruggeri, who has been Starbucks’ CFO since 2021. Ruggeri briefly served as interim chief executive last year after the company ousted Laxman Narasimhan. Ruggeri has held various senior finance and retail positions—mostly at Starbucks—since she joined the company’s accounting team in 2001. Newsletter Sign-upWSJ | CFO JournalThe Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team.