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A recent survey shows that 92% of top executives and CFOs surveyed feel pressured to show ROI on investment in artificial intelligence. 76% of those that responded say their organization don't have the expertise in house to know how their AI operates. Read more here!

https://www.cfodive.com/news/92-cfos-top-finance-staff-pressure-show-roi-ai-avalara/825828/

92% of CFOs, top finance staff feel pressure to show ROI from AI: survey Half of survey respondents said their AI agents have yielded only limited measurable ROI, according to Avalara.

Are you ready to fuel your business's growth journey? Our strategic CFO services are designed to empower organizations to reach new heights. With expert financial insights and tailored strategies, we help businesses navigate the complexities of financial management and drive sustainable growth.

Healthcare firm ViaQuest filed a civil suit with embezzlement charges that alleges its former CEO and CFO used company funds to for personal expenses such as football tickets and memberships. Read more here!

https://www.cfodive.com/news/viaquest-names-new-ceo-cfo-sues-prior-execs-embezzlement/825214/

ViaQuest sues ex-CEO, former CFO for embezzlement The healthcare firm alleges in a civil suit that its ex-CEO and former CFO tapped company funds for personal expenses including club memberships and football tickets.

As tariff refunds are on the horizon Pepsi CFO says they will help offset inflation. The CFO says the refund will give the company a needed boost as they manage shifting consumer spending patterns and higher costs. Read more here!

https://www.cfodive.com/news/pepsico-cfo-says-tariff-refunds-will-help-offset-inflation/825005/

PepsiCo CFO says tariff refund will help offset inflation “We do expect some more pressure on the business from a commodity standpoint,” CFO Steve Schmitt said on an earnings call.

Some say the economy is strong. Many businesses and families would tell you it doesn't feel that way.

In our latest article, we take a closer look at what's driving the disconnect in 2026 and why so many are still feeling financial pressure.

Read more: https://www.bovellfinancial.com/blog.php?id=28

What are you seeing in your business or industry?

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According to Monster's 2026 workplace experience rankings, the Finance industry ranked 8 in the top 15. The profession scored high in categories such as workplace culture and career outlook. Work life balance was recorded as the weakest area. Read more here!

https://www.cfodive.com/news/finance-careers-rank-in-monsters-top-8-job-satisfaction/824634/

Happy 4th of July from your friends at Bovell Financial! As we celebrate this day of independence, let's reflect on values of freedom and unity. Wishing you all a safe and joyful holiday!

As Nike continues its turnaround strategy, they reported flat sales for the last quarter of 2026. The company cites declining sales in China, the pressure consumers feel from inflation, and war as contributing factors. Oil prices and evolving tariff practices are expected to keep sales flat in the coming year. Read more here!

https://www.cfodive.com/news/nike-flags-sales-china-weakness-turnaround-efforts/824259/

Nike flags sales, China weakness amid turnaround efforts Nike’s turnaround strategy continues to face challenges as inflationary pressures and other headwinds contributed to flat sales for the quarter.

Nike is beginning a new era of financial leadership bringing on Pfizer's CFO Dave Denton, granting him a $7.3 million new hire bonus. This comes amongst Nike's strategy to increase margins and keep up with steep competition in the sports apparel market. Read more here!

https://www.cfodive.com/news/nike-lands-pfizer-cfo-73m-new-hire-cash-award-compensation/823694/

Nike lands Pfizer CFO with $7.3M ‘new hire’ cash award The sports apparel giant is turning to new financial leadership as it looks to make more progress with its “Win Now” turnaround strategy. 

Wishing everyone a reflective and meaningful Juneteenth! It is a time to celebrate freedom, culture, and resilience.

Your friends at Bovell Financial