STV, a leading planning, design, and management services firm with a wide North American footprint, announced on April 10, 2024, that it has appointed Chris Statham as its new Chief Financial Officer. The action is a response to the sizeable expansion that STV is experiencing and is a part of the realization of its 2023-2025 Strategic Plan. Statham will now oversee moving the organization’s strategic goals forward, enhancing financial operations, and implementing the corporate financial strategy to support its fast growth. With STV now having 3,000 employees and its presence in more than 60 offices in North America, the company…
Author: Your TechCFO
The sustainability topic is no longer a buzzword in the business world of today, where it is a strategic imperative for the companies all over the globe. A report released in 2020 showed that sustainable investments have been on the rise at an unprecedented rate, reaching an unbelievable $35.3 trillion in 2020, which is a 15% increase from 2018. This spike illustrates the growing awareness about the financial and societal advantages of adopting sustainable business practices. As financial stewards, the Chief Financial Officers (CFOs) of the organizations are the key factors in the implementation of sustainable finance initiatives. Through the…
Rodrigo Graca Moura has been appointed as the new Chief Financial Officer of Backbase with effect from April 2024. As a highly skilled enterprise software professional with over two decades worth of experience in scaling companies, he brings invaluable financial acumen and business partnership prowess to his role at this pioneering force behind the innovative Engagement Banking Platform. Graca Moura, in his pivotal role as a leader, will assume the responsibility of supervising Backbase’s financial strategy and operations. As the company is set to undergo an accelerated growth phase, he must ensure its fiscal well-being. His primary objectives will encompass…
In a new development, Spotify – the infamous music streaming platform has named Christian Luiga as its Chief Financial Officer. As the ex-CFO and deputy CEO of Swedish defense company, Saab, Mr. Luiga will assume his responsibility at Spotify in the third quarter of the Financial Year 2024 to oversee finance-related matters for the firm.
A well-organized onboarding process is crucial in today’s fast-moving and ever-changing business world. It goes beyond being a mere formality as it serves as a strategic advantage that has the power to greatly impact employee engagement, retention rates, and overall organizational accomplishments. Like an enthralling TV show plotline, smooth onboarding sets the foundation for an immersive experience for new hires by making them feel appreciated, included, and prepared with all necessary information and resources needed from their first day onwards.
GameStop has introduced Daniel Moore as its new CFO as part of a strategic plan to stabilize the company’s leadership through deft financial management and get it back on the right track. The announcement closes the door to Moore’s eight months as an interim CEO, as the gaming retailer is still striving to cope with a difficult retail scene that is marked by depleting sales and managerial changes.
Remember the days of waiting in line at the bank, filling out endless forms, and feeling like an afterthought in the financial services industry? Forget it. The FinTech revolution is in full swing, and 2024 promises to be a year of even more disruption, innovation, and personalization. From AI-powered financial advisors to the rise of the “super app,” get ready for a rollercoaster ride through the fascinating world of technology-driven finance.
Cash flow. It’s the lifeblood of any enterprise, man or woman, or family. But what happens while the rhythm gets off, and your outflows begin to outweigh your inflows? Don’t fear! According to a PWC record, a whopping 82% of agencies inside the US revel in cash flow troubles at some point. The correct information? There is a plethora of techniques you can put into effect to improve cash flow, and this blog will delve into not simply the common processes, but also some hidden gems that may provide you with that extra part. Understanding the Cash…
In a revolutionary decision that has the potential to restructure the financial sector, BlackRock, the biggest asset manager in the world, launched the first tokenized fund ever with its shares issued on the Ethereum public blockchain. The name given to this innovative product is “BlackRock USD Institutional Digital Liquidity Fund” (BUIDL). BUIDL provides qualified investors with the opportunity to earn U.S. dollar yields by subscribing to the Fund through Securitize Markets, LLC.
Cash flow. It’s the lifeblood of any enterprise, man or woman, or family. But what happens while the rhythm gets off, and your outflows begin to outweigh your inflows? Don’t fear! According to a PWC record, a whopping 82% of agencies inside the US revel in cash flow troubles at some point.