CFO Shane Tackett believes airfares have peaked and calls it a good thing for the industry amid the potential for a passenger pullback if the economy contracts.
As if finance chiefs didn’t have enough on their plates before the pandemic, surging shipping costs, freight logjams and factory disruptions in China over the past few years have laid bare their need to adapt and step up their involvement in boosting supply-chain resilience.
Chipotle Mexican Grill Inc.’s shares hit an all-time high this week after the company reported first-quarter results that beat analysts’ expectations. The burrito chain is benefiting from the success of a new TikTok-inspired menu item, falling avocado prices and strong consumer demand. A Q&A with CFO Jack Hartung.
Executives are watching the Federal Reserve’s latest policy meeting for clues on its inflation-fighting campaign and the potential for a so-called hard landing that could cramp consumer spending on everything from airline tickets and cars to furniture and snacks.
Increased corporate activism and a desire for ‘wartime’ finance chiefs with experience during downturns are driving companies to beef up hiring practices.
Lyft tapped a new chief financial officer from financial-services firm Charles Schwab in the ride-hailing company’s latest C-suite shift as it works through layoffs and a weaker-than-expected earnings forecast.
As investors and regulators seek more information on companies’ country-by-country levies, tax officers cite high costs, challenges in data collection.