CFO

Crowley names Jenny Fuss its new CFO

Crowley has named Jenny Fuss as its chief financial officer, leading all of the company’s financial strategies and operations.

With more than 20 years of experience as an executive for global institutions, Fuss comes to the Crowley senior leadership team with extensive expertise in management and analysis using data-driven strategies to increaseprofitability and financial effectiveness.

“Jenny’s financial expertise and people-first approach to leadership will help drive high performance,...

https://www.marinelog.com/news/crowley-names-jenny-fuss-its-new-cfo/

Transflo continues management restructuring with new CFO

Supply chain digital ecosystem Transflo announced Wednesday it has added software-as-a-service veteran Cameron Eastman as CFO to help position the company for its next stage of product development.

In December, Transflo received a minority equity investment from Bregal Sagemount with aspirations to “accelerate [its] go-to-market engine” and “move forward with a more aggressive M&A [mergers and acquisitions] strategy,” according to Phil Yates, partner at the growth-focused equity firm.

Ever since,...

https://www.freightwaves.com/news/transflo-continues-management-restructuring-with-new-cfo

Heavy.AI CEO: Use AI to solve business problems, but not all problems

AI use in the supply chain

Rising inflation and booming consumer demand have CFOs feeling good about their companies’ financial health, but there is a toll that is being extracted. A September 2021 Deloitte survey found that over 60% of CFOs expected that year’s sales to be reduced because of the supply chain disruptions that occurred.

And it has only gotten worse since then. That same survey indicated that 40% of CFOs said supply chain shortages or delays had raised costs by 5% or more.

As a result, more companies are...

https://www.freightwaves.com/news/heavyai-ceo-use-ai-to-solve-business-problems-but-not-all-problems

Yellow’s interim CFO assumes role permanently

CFO Dan Olivier has logged more than 25 years at Yellow and YRC

Less-than-truckload carrier Yellow Corp. announced Monday that interim CFO Dan Olivier will hold the position on a permanent basis effective immediately.

Olivier assumed CFO duties last October, following the resignation of Jamie Pierson. Pierson ran Yellow’s (NASDAQ: YELL) books when it obtained a $700 million CARES Act loan in July 2020. That loan has been highly scrutinized since by members of Congress and remains an item of interest in an ongoing probe.

A recent filing shows shares received...

https://www.freightwaves.com/news/yellows-interim-cfo-assumes-role-permanently