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5 days ago | 
cfo.com | Lauren Muskett
This audio is auto-generated. Please let us know if you have feedback. The following is a guest post from Annie Peabody, a managing director at Alvarez & Marsal Corporate Performance Improvement. Opinions are the author’s own. A difficult economic environment has put pressure on companies to operate in a new era of financial discipline.
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6 days ago | 
cfo.com | Lauren Muskett |Adam Zaki
This audio is auto-generated. Please let us know if you have feedback. The Trial Balance is CFO.com’s weekly preview of stories, stats and events to help you prepare. A Chinese national identified only as Ziwén, 37, was arrested on May 28 in Makati City for allegedly embezzling hundreds of millions of Philippine pesos from a Philippine Offshore Gaming Operator where he served as CFO.
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1 week ago | 
cfo.com | Lauren Muskett
This audio is auto-generated. Please let us know if you have feedback. Due to family reasons, David Fallon will step down as finance chief of Vertiv, a critical digital infrastructure and continuity solutions provider. A search will be launched for Fallon’s successor. Fallon, who has been CFO since 2017, will retire once his successor is named and assumes the role, which is expected in the second half of the year.
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1 week ago | 
cfo.com | Michael Paull |Lauren Muskett
This audio is auto-generated. Please let us know if you have feedback. The following is a guest post from Michael Paull, CFO at The Ahola Corporation. Opinions are the author’s own. Does your marketing team discuss EBITDA in the breakroom? Have you heard HR conferring with IT about last quarter’s margins? Does the operations manager stop by your office to inquire about the revenue forecast? If so, congratulations! You’ve built an engaged, informed team that thrives on transparency.
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2 weeks ago | 
cfo.com | Lauren Muskett
This audio is auto-generated. Please let us know if you have feedback. Jeff Norman was promoted to chief financial officer of Extra Space Storage, effective July 1. Norman has been with the company since 2012 and is currently the senior vice president of capital markets and treasury. Before joining the company, he worked at Zions Bank's National Real Estate Group for over eight years in multiple roles, including as a vice president.
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2 weeks ago | 
cfo.com | Lauren Muskett
This audio is auto-generated. Please let us know if you have feedback. The following is a guest post from Lang Leonard, CFO at StarCompliance. Opinions are the author’s own. The recent guilty plea from crypto exchange OKX for violating U.S. anti-money laundering laws underscores what’s at stake for firms operating without strong compliance frameworks.
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2 weeks ago | 
facilitiesdive.com | Lauren Muskett |Adam Zaki
The Trial Balance is CFO.com’s weekly preview of stories, stats and events to help you prepare. With return-to-office efforts being implemented across the country, new data from Placer.ai indicates that in the U.S., New York City is closest, by far, to pre-pandemic in-office working rates. Nationwide, office visits were 30.7% below April 2019 levels. However, New York City traffic was just 5.5% short of pre-pandemic traffic, the smallest drop in the country.
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2 weeks ago | 
cfo.com | Lauren Muskett
This audio is auto-generated. Please let us know if you have feedback. The following is a guest post from Kate Motonaga, a global CFO, audit chair and board-level risk executive. Opinions are the author’s own. While artificial intelligence continues to grab headlines, the finance function has quietly been managing its own form of machine intelligence for decades. Anyone who has built a forecast under pressure or navigated a last-minute audit request knows what I mean.
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2 weeks ago | 
cfo.com | Lauren Muskett |Adam Zaki
This audio is auto-generated. Please let us know if you have feedback. The Trial Balance is CFO.com’s weekly preview of stories, stats and events to help you prepare. With return-to-office efforts being implemented across the country, new data from Placer.ai indicates that in the U.S., New York City is closest, by far, to pre-pandemic in-office working rates. Nationwide, office visits were 30.7% below April 2019 levels.
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3 weeks ago | 
cfo.com | Lauren Muskett
This audio is auto-generated. Please let us know if you have feedback. Cisco named Mark Patterson as the networking-equipment company’s new finance chief, effective July 27. Patterson joined Cisco in 2000 and is currently executive vice president and chief strategy officer. Before joining Cisco, he led finance and business operations for IPMobile. Earlier in his career, Patterson was a manager at public accounting firm Arthur Andersen, where he focused on high-tech and telecommunications clients.
