CFO role - News, Features, and Slideshows

News

• Rex Minerals appoints CFO as it gears up for business transformation

  Rex Minerals (ASX: RXM) has appointed a new CFO as part of a business shake-up designed to transform the company’s focus from exploration to developing and mining.

• MyNetFone appoints first dedicated CFO

  ASX-listed voice-over-IP phone and Internet services, MyNetFone Limited (ASX:MNF) has appointed Matthew Gepp as its first dedicated CFO, following rapid growth across the business.

• Leveraging technology to meet broader finance objectives

  The role of the CFO is changing, and rapidly. While the CFO has always played a critical role in successful businesses, over the last few years that role has expanded beyond traditional finance disciplines to increasingly include broader business strategy and transformation initiatives.

• Zurich Insurance rocked by CFO’s suicide

  The CFO of Zurich Insurance, Pierre Wauthier, who committed suicide last week, wrote about his relationship with chairman, Josef Ackermann, in a suicide note, the company confirmed on Friday.

• Mirvac poaches new CFO from Goodman Fielder

  Goodman Fielder (ASX:GFF) is on the hunt for a new chief financial officer after Shane Gannon announced he will quit the post to become the new CFO of property giant, Mirvac Group (ASX:MGR).

• CFO: MYOB’s investment in cloud drives business growth

  For CFO of accounting software provider MYOB, Richard Moore, cloud is more than just a buzz word; it means business. With software services access and delivery increasingly moving online, the vendor jumped on the opportunity and doubled the company’s new product registrations within six months.

• One in two CFOs don't see IT as a competitive differentiator: IDC

  Half of CFOs view their organisation’s IT function as a cost centre and don’t see technology as a competitive differentiator in business, according to IDC's latest research.

• Fonterra changes senior management

  Fonterra Co-operative Group has named Lukas Paravicini as chief financial officer, replacing Jonathan Mason who retires at the end of September.

• Finance chiefs and the digital revolution

  Thinking back on it, conversations with CFOs in the 1990s never addressed the issues of technology other than the significant costs it was having on their businesses. There was certainly no mention of the strategic value or the role it would play in the development of business models and processes.

• Using BPO to face upcoming challenges

  In this day and age, finance executives find themselves swimming in turbulent waters, forced to navigate major disruptions from macroeconomic shifts, regulatory uncertainty and other hard-to-predict events. To stay afloat, they need to be able to operate smarter in an environment that has become increasingly complex and volatile.

• An equal among peers: Juniper Networks global CFO, Robyn Denholm

  CFOs are as equally responsible as their c-suite peers for leading strategy and representing their organisation at an external and internal level, Juniper Network’s CFO claims.

• CFOs increasing usage of temp staff, says Robert Half

  CFOs have increased their use of interim and temporary staff, showing the continued necessity UK businesses have to engage temporary resource to help augment permanent headcount, according to new research by Robert Half UK.

• G4S elevates CFO to the top post

  As private security firm G4S' CEO Nick Buckles prepares to step down and retire from the company as a director on 31 May, the current CFO Ashley Almanza has been elevated to the top job effective June 1.

• CFOs are becoming more strategic: Report

  The role of the CFO has become more strategic over the last three years and is one which can drive change across the whole organisation, a new survey claims.

• Amy Hood named Microsoft CFO

  Microsoft has named Amy Hood as its group CFO in an internal promotion, announced late on Thursday.