Feb. 5 - Merck CFO promoted to CEO | Pricing metric helped company survive COVID-19

Merck CFO promoted to CEO; Study: States cut corporate taxes despite pandemic-induced shortfalls; L Brands CFO of 14 years to retire; Victoria's Secret sale could be next; Former WageWorks CEO, CFO fined for improperly recognizing revenue View online | Signup | Forward

Daily Dive Feb.​ 5,​ 2021 | Today's news and insights for finance leaders   BROUGHT TO YOU BY — Auditoria Accounting Bots - Should I Fear Them? Free Webinar: Optimize your cloud ERP, improve cash performance, and efficiently scale shared services with AI and modern automation techniques. Register now!   CFO's pricing metric helped SaaS company get through COVID-19 Smart pricing allowed process management software provider Cherwell to get the most from its subscribers while new business languished. Merck CFO promoted to CEO Frazier, who's retiring after a three-decade career at Merck, will hand the reins to CFO Robert Davis at the end of June. Study: States cut corporate taxes despite pandemic-induced shortfalls A plunge in tax revenue caused by the downturn in 2020 did not discourage several states from trimming corporate income taxes. Sponsored Content by Incorta How CFOs can make faster, better-informed decisions Learn how data analytics platforms can unlock the true potential of business data. Download the eBook. L Brands CFO of 14 years to retire; Victoria's Secret sale could be next Stuart Burgdoerfer will oversee the separation of the retail giant's lingerie business from Bath & Body Works before he leaves in August, the company said. Former WageWorks CEO, CFO fined for improperly recognizing revenue The penalty includes clawbacks of the executives’ incentive-based compensation. Amazon CFO allays investor concerns regarding Bezos, Jassy On an earnings call Tuesday, Brian Olsavsky assured investors CEO Jeff Bezos is "not leaving" the company, and will maintain his hand in decision-making as executive board chairman. Deep Dive SEC to take harder line on financial reporting, attorneys say COVID-19 and ESG disclosures, information controls and SPACs could receive increased scrutiny, along with accuracy of filings as part of Biden’s SEC approach.  Read more news FEATURED RESOURCE In this playbook, explore the case for outsourcing sales and use tax returns, including: Advantages of outsourcing sales and use tax returns How finance departments are controlling costs Benefits of migrating certain functions to the cloud Download Now From Our Library Playbook 5 Critical Areas That CFOs Need to Focus on in 2021 CCH Tagetik Playbook The Business Case for Outsourcing Sales and Use Tax Returns Vertex Playbook 5 Ways the CIO and CFO Can Align for SaaS Management Success Cleanshelf View all resources What We're Reading Forbes Growth-Minded CFOs Weigh The Costs Of Forecasting Rigor The New York Times Bank of England Tells Banks to Negative Interest Rates The Wall Street Journal 23andMe to Go Public With Richard Branson-Backed SPAC Forbes Gold In Your Closet: The Startup Helping Patagonia And Levi’s Cash In On The Resale Boom Suggest a story we should read Upcoming Events 3 Ways Finance Leaders Align Cash Flow Forecasting and Strategic Planning Feb. 10, 2021 - Feb. 10, 2021 | Webinar 2pm ET CFO Roles are Forever Changed: Former Oracle CFO Tells You What You Need to Know Feb. 11, 2021 - Feb. 11, 2021 | Webinar 2pm ET CFO Now: Breakthrough Speed for Breakout Value Feb. 17, 2021 - Feb. 17, 2021 | Webinar 11am ET How Modern Finance Leaders Drive Growth and Value Feb. 22, 2021 - Feb. 22, 2021 | Webinar 12pm ET How Finance Leaders Employ AI to Improve Contract Compliance Feb. 23, 2021 - Feb. 23, 2021 | Webinar 2pm ET Dive Into a Topic Strategy & operations Financial reporting Compliance Technology Treasury Risk management Leadership Share CFO Dive: Daily Dive with others and get rewarded. You've referred 0 readers. To become an official Dive Insider, just successfully refer 10 contacts to CFO Dive: Daily Dive. Here's your link to share: https://www.cfodive.com/signup/insiders/?signup_referred_by=5f93078d7aa51972095c9316

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