Johnson & Johnson CFO: Pandemic lesson drove $40B deal’s fast pace; Palo Alto revenue surges amid ‘unprecedented’ cyberthreats; ‘Cash is king’ carries new weight in high-rate, SVB era; Retail sales fall, adding to signs economy cooling after hot Q3 growth
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The finance chief has long been more than a routine number-cruncher. For Gen Z, the route to the CFO chair will likely better reflect the role’s complexity.
The higher cost of capital has executives doubling down on cash by incentivizing customers to pay sooner and holding inventory reins tighter, according to panelists at the MIT Sloan CFO Summit.
“CFOs want to be sure they can trust the technology, and part of that trust is understanding how it works and where it fits” within the finance function, Gartner’s Marco Steecker said.
The cost of cybercrime is projected to reach $8 trillion in 2023. Learn how to stay ahead of today’s biggest cyber security risks with modern payment fraud protection in our latest webinar.
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