CFOS CFO role
CFOS CFO role
CFOS CFO role
News summary

The Community Foundation of Orange and Sullivan (CFOS) has undergone a leadership transition, with Chris Corallo stepping in as the new board chairman after Rich Shapiro's successful tenure, during which CFOS distributed $8 million in grants and grew its assets to $57.5 million. Meanwhile, the trend of on-demand pay is gaining traction across various industries, with companies like Tesco and McDonald's offering workers early access to earned wages, aiming to improve employee retention and financial security amidst a cost-of-living crisis. Additionally, the role of Chief Financial Officers (CFOs) is facing increasing ambiguity, with conflicting expectations regarding digital transformation and leadership responsibilities, as highlighted by a study from Monash University. CFOs often struggle to balance their dual roles as financial controllers and strategic partners, which can complicate their ability to meet organizational demands. As organizations consider investing in generative AI technologies, there is a consensus that the time for investment is now to avoid competitive disadvantage, particularly in enhancing operational efficiency. This multifaceted landscape reveals the evolving nature of leadership and financial management in today's business environment.

Story Coverage
Bias Distribution
100% Center
Information Sources
07fd0e62-c9b3-40d6-8df3-b4bd500c5667
Center 100%
Coverage Details
Total News Sources
1
Left
0
Center
1
Right
0
Unrated
0
Last Updated
41 days ago
Bias Distribution
100% Center

Open Story Timeline

Story timeline 1Story timeline 2Story timeline 3Story timeline 4Story timeline 5Story timeline 6Story timeline 7Story timeline 8Story timeline 9Story timeline 10Story timeline 11Story timeline 12Story timeline 13Story timeline 14

Analyze and predict the
development of events

Related News
Daily Index

Negative

20Serious

Neutral

Optimistic

Positive

Ask VT AI
Story Coverage

Related Topics

Subscribe

Stay in the know

Get the latest news, exclusive insights, and curated content delivered straight to your inbox.

Related News
Recommended News