CFO

📰 Preferred Shares: Kyndryl CFO Q&A, Duke-Fed hints at Trump-induced CFO confidence, Intuit CFO's morning, Enron's odd return This week's newsletter features data from the latest CFO survey done by Duke University - The Fuqua School of Business, a Q&A with Kyndryl's CFO David Wyshner, a new edition of The 6 a.m. CFO Series with Intuit's finance chief Sandeep Aujla, speculation around Connor Gaydos' new venture and more. Read this week's edition of Preferred Shares here:

CFOs need to align their company priorities and financial bandwidth when selecting new office or facility locations or engaging in expansion discussions. "CFOs must pay close attention to local tax incentives, which can have a direct impact on a company’s operating costs, profitability and long-term financial outlook," writes Todd Carpenter of Baker Tilly US. "Governments often offer tax incentives to encourage business investment in certain areas and help economic and community development." https://lnkd.in/eyx-hchV

The president-elect’s recent appointments of Paul Atkins and David Sacks make the possibilities of AI overhaul and bitcoin as a reserve currency legitimate. As the U.S. federal debt continues to climb to unprecedented highs, President-elect Donald Trump’s appointment of Paul Atkins as director of the SEC and David Sacks as cryptocurrency and AI czar are moves that could significantly impact the U.S. economic landscape. https://lnkd.in/e_-ZdcAf

Kyndryl's CFO David Wyshner discusses the importance of a good CFO-CEO relationship, the positive impact of a new ERP system and how to set up strong internal financial controls. "In my career, I’ve been fortunate enough to work for a number of great CEOs who, at some point in their career, were CFOs," said Wyshner. "Although all CFOs don’t think alike, we think about things in similar ways. That approach and understanding in developing business acumen helps you get things done efficiently." https://lnkd.in/eKq7nB9W

As the AI hype continues, finance leaders should evaluate the technology with a dose of skepticism. While chip developers thrive, those creating AI products appear to be racing to the bottom. Many industry tradeshows are now saturated with AI offerings, and the knowledge gap between developers, sales teams and marketers has led to AI solutions being created without clear use cases seemingly for the sake of branding. Sound familiar? https://lnkd.in/eiqcme5W

Etsy hires an Eventbrite leader as CFO, Bumble’s finance chief to step down and Dollar Tree’s chief financial officer to resign. ▪️Lanny Baker is named CFO of Etsy ▪️Bumble Inc.'s CFO Anu Subramanian announced her resignation ▪️Jeffrey Davis is leaving Dollar Tree Stores ▪️Macrina K. is named CFO of Figure ▪️Humana names Celeste Mellet as finance chief ▪️Samara Strycker is promoted to CFO of International Read this week's edition of CFOs On the Move here: https://lnkd.in/eQbD4QUc

Sandeep Aujla of Intuit discusses how he embraces change, his favorite pastime of spending time on the racetrack and the importance of investing in your team and your employees. "I start work around 6 a.m. and typically focus on pre-reads and preparing for the day’s meetings and discussions," said Aujla. "My kids typically come down for breakfast around 7:30 a.m., so I ensure that I hang out with them before they leave for school. As for work meetings, I rarely start before 9 a.m. unless it is something critical. Spending time preparing for the day helps me reflect on what key items we need to discuss and address in each meeting." https://lnkd.in/eCen8MQg

Concerns about monetary policy and economic health have decreased, but political climate and labor quality concerns have risen as CFOs prepare for a new U.S. presidential administration. CFO confidence in the economy is growing as the U.S. prepares for a second Trump administration. According to the latest CFO survey by Duke University - The Fuqua School of Business and the Federal Reserve Bank of Richmond and Federal Reserve Bank of Atlanta, CFO optimism regarding the economy rose to 65.9 out of 100, a five-point increase from the Q3 report. https://lnkd.in/dkuafiG5

CFOs from Workday, Kohl's, Intuit, Williams-Sonoma, Inc., Walmart, The Walt Disney Company, Topgolf Callaway Brands, CAVA, DraftKings Inc., Krispy Kreme and Honda provided insight on recent earnings calls. Read interesting takes from Zane Rowe, Jill Timm, Sandeep Aujla, Jeff Howie, John David Rainey, Hugh Johnston, Brian Lynch, Tricia Tolivar, Alan Ellingson, Jeremiah Ashukian and Eiji Fujimura in the latest edition of the CFOs Earnings Dispatch: https://lnkd.in/eHEs-8qb

The former energy trading company whose accounting fraud forced its shutdown in 2001 has announced an ambiguously ambitious rebrand aimed at solving the global energy crisis. However, there’s a catch. Buried in the terms and conditions of Enron’s new site is a disclaimer: “The information on the website is First Amendment-protected parody, represents performance art, and is for entertainment purposes only.” https://lnkd.in/esNkiHxq