Only 34% of firms deploy safeguards against generative AI threats: Splunk; Coca-Cola exec to take Diageo CFO seat; Peloton cuts jobs, searches for new CEO amid financial turmoil; SEC hits Trump Media auditor with $12M fine
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Diageo is tapping Coca-Cola alum Nik Jhangiani for its CFO as the Guinness maker battles slumping sales in the face of changing consumer tastes and spending trends.
“We made some very tough decisions, and while we firmly believe these actions are the right thing to do for the business, cuts like this are painful,” CFO Liz Coddington said.
Digital transformation remains a top priority for CFOs even as many are taking a measured approach when it comes to deciding what new technologies it makes sense to fund. Learn more in this Trendline.
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