Taking on the Fight Against COVID-Induced ARDS | Ivor Macleod, CFO, Athersys
Finance leader Ivor Macleod has over three decades of finance experience across all aspects of the life sciences. Along the way, he has held senior finance leadership positions at Merck & Co., F. Hoffmann–La Roche, and Boehringer Mannheim Therapeutics. Prior to joining Athersys last January, he was chief financial officer and chief compliance officer at Eisai…
When COVID Is an Accelerant | Jeff Epstein, Operating Partner, Bessemer Venture Partners
While COVID-19 and shelter-in-place ordinances continue to upend the go-to market strategies and sales projections of most companies, not all industries are being adversely affected. We recently asked Jeff Epstein, former CFO of Oracle and DoubleClick and currently an operating partner of Bessemer Venture Partners, whether certain industries will recover more quickly than others from…
A Value Proposition Gains Added Luster | Dave Jones, CFO, Vroom
When automobile dealerships began to close under shelter-in-place orders in March, online car seller Vroom saw an initial drop-off in customer demand. However, by mid- to late April, things had begun to change as more consumers began visiting Vroom’s online marketplace and making purchases from the safety of their home. This demand uptick led Vroom…
Keeping Employees Top-of-Mind | Jon Nguyen, CFO, Kyriba
Having last year surpassed the milestone of $100 million in annual recurring revenue, technology company Kyriba entered 2020 prepared to open a new growth chapter—one that is expected to include both organic growth as well as acquisitions. “Right now, we are at a different stage of growth. We are at this interesting point where what…
Rethinking Your Office Space | Michael Borreca, CFO, LYNX Franchising
As CFO of a business that includes a franchise network of 8,000 sanitizing services businesses across the country, Michael Borreca has lines of sight into the sales of disinfectant and electrostatic sprayers that make him better informed than most CFOs, perhaps, when it comes to monitoring the country’s return to work. In addition to the…
Realizing the Strategic Advantage of “Remote” | John Cappadona, CFO, School of Rock
The way John Cappadona sees it, School of Rock—the company that he joined as CFO back in March 2019—just became another business. “We are deriving 100 percent of our revenue right now from something that did not exist 2 months ago. We were an in-person education business. We had to pivot immediately to deliver a…
A Once-in-a-Lifetime Event for CFOs | Amir Jafari, CFO, Reputation.com
“We’re in a world that is highly abnormal. There’s a ‘sense of pause’ that’s been created. For me, this is a unique opportunity because when the world is standing still, we have the ability right now to validate our vision,” explains CFO Amir Jafari of Reputation.com. For Jafari, the current environment demands that finance listen…
While Deemed “Essential Businesses,” Home Builders Look Beyond 2020 for Recovery | Hilla Sferruzza, CFO, Meritage Homes
Years from now, when Hilla Sferruzza recalls her initial actions to buffer the impact of COVID-19 on home builder Meritage Homes Corp. (NYSE: MTH) of Scottsdale, Arizona, she will likely not forget the seemingly endless calls that she placed to land sellers across the country. “It’s not like I’m calling a manufacturer and telling them to…
When Averages No Longer Matter | Mohit Daswani, CFO, ThoughtSpot
When Mohit Daswani stepped into the CFO office of Sunnyvale, Calif.-based ThoughtSpot this past January, he ascended to something more than just another finance leadership position inside a SaaS start-up. Daswani, who was previously the head of finance and strategy at payments company Square, Inc., was joining a special class of CFOs distinguished by their…
Your Business & Covid 19 | Tod Nestor, CFO, Energy Focus
CFOTL: When it comes to the Corona virus, what steps are you taking to prepare and manage your business going forward? Nestor: We so happen to have a fair amount of our product sourced out of China. So we’ve been thinking about this for quite some time. The impact of it, basically since the country…
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