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As CFOs take on more operational roles within the C-suite, one of the most important moves is to move beyond the realm of finance and become powerful storytellers. Veteran finance leader Lisa Cummins Darchinos recommends that CFOs hone their communication skills. She currently serves as CFO of Ayar Labs, a semiconductor unicorn based in San Jose, California and backed by NVIDIA, AMD, and Intel. She is a veteran executive with over 25 years of experience in the financial industry, from startups to large enterprises, including Penguin Computing and Oracle, and has played a key role in helping Ayar Labs raise…

You are making multimillion-dollar decisions off your numbers every month: pricing, hiring, capital spending, acquisitions. The uncomfortable reality in most midmarket companies is that those numbers are less reliable than you assume. Jennifer Barnes has seen this dynamic play out across more than 300 companies. As CEO of fractional accounting firm Optima Office, she spends her days making sense of books that looked fine from the outside but told a very different story underneath. “Many CEOs think they’re doing okay because they have some cash in the bank,” she says. “But when we actually dig into the financials, there’s often…

While searching for a new director, board members at an S&P 500 company recognized the need to bring in AI expertise. The only question is: what kind of expertise do you have? Did you want a P&L leader who has successfully scaled AI products, or someone with experience leading employees through complex technology transformations? As the corporate world continues to bet big on artificial intelligence, boards are adding AI expertise at unprecedented levels. In fact, 38% of directors say deploying AI across the business is a top priority this year, and 42% say technology adaptation and integration will be a…

Making financial decisions is an everyday task that all business owners and C-Suite leaders must take on at a near constant pace—often without up-to-date information. But Anita Koimur thinks that is all poised to change. Koimur is the COO and co-founder of LiveFlow, a VC-backed start up automating manual financial reporting, mainly month-end close. She discusses the journey to build a financial automation platform, and how making the right decisions regarding your money leads to better team management, a more cohesive work culture and easier prioritization of your customers’ needs. Listen by clicking below. The Q&A, lightly trimmed and edited…

Michael Kemeter is one of the most versatile and daring extreme athletes of his generation. A world-class slackliner, highliner, climber, base jumper, and former elite pistol shooter, his career spans multiple world records and some of the most imaginative feats in modern adventure sports. Born in southern Austria, he walked the High Line as exposed as the 3,770 meter route across the Grossglockner River, establishing record-breaking waterline distances of 222 meters and later 250 meters, often crossing the line thousands of feet above ground without a safety belt. What makes Kemeter extraordinary is not just the athletic audacity, but the…

What is the core competency of a truly strategic CFO? Adaptability. said Charlotte Colhoun, group CFO of Vista Global, a Dubai-based business airline that includes New York-based VistaJet USA. Mr. Colhoun began his career at PwC and quickly rose through the ranks before joining Vista Global in 2018. Attracted by the company's ambitions and the opportunity to enter the new field of aviation, he initially focused on group strategic finance and was appointed Group CFO in November 2022. As Group CFO, Colhoun leads the Group's finance function, a vast and diverse team of 300 finance professionals spread across the globe.…

If the business strategy changes, the board of directors must also change – Corporate Director Skip to content As market conditions change rapidly, an open-minded approach to board composition and business strategy is critical. Here's what the board should consider: Privacy protection. We have enhanced our privacy policy to better protect you. This policy includes the use of cookies to give you the best online experience and provide essential functionality of our services. By clicking “Close” or continuing to use our website, you agree to our Privacy Policy. Click here for our privacy policy. accept Privacy and Cookie…

The neuroscience of better board decision-making – Corporate Directors Skip to content Is your board struggling to make top-quality decisions? Experts at the Corporate Board Directors Forum in Scottsdale say your biology is to blame. If you do three simple things, your situation will improve dramatically and immediately. Privacy protection. We have enhanced our privacy policy to better protect you. This policy includes the use of cookies to give you the best online experience and provide essential functionality of our services. By clicking “Close” or continuing to use our website, you agree to our Privacy Policy. Click here…

Those calling for an end to quarterly earnings reports argue that the change will help companies focus on long-term goals rather than short-term priorities. But the focus on short-termism does not come from reporting requirements. It comes from investors and analysts who monitor company performance in real time and use continuous data, private engagement, and proxy influence to make decisions long before results are released. With or without quarterly reporting, companies need to focus on establishing and maintaining a compelling value story, a comprehensive stock story based on market positioning, a value creation plan, and management accountability if they want…

In an evolving business environment, companies frequently engage in mergers and acquisitions to strengthen their competitiveness and create value. For companies making acquisitions, questions often arise about how the results of the acquired business should impact ongoing performance-based long-term incentive (LTI) compensation. For serial acquirers, performance-based LTI goals can explicitly include a defined level of inorganic growth. In these cases, the hurdles for adjustment are high, and adjustment is often not guaranteed. Companies with infrequent acquisitions need to ensure fair treatment of ongoing performance-based LTI compensation. Remuneration committees typically seek to ensure that: Management is not prevented from pursuing acquisitions;…