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Alex Zank on Muck Rack

Alex Zank

Verified
Milwaukee
As seen in: CFO Brew, Morning Brew, The Country Today, Fortune, Flipboard, The Minnesota Star Tribune, WISN-TV (Milwaukee, WI), La Crosse Tribune, Winona Daily News, Athletic Business, The Journal Record, BizTimes Milwaukee, GMToday.com and
Dad | Reporter at @MorningBrew @CFOBrew | I also tweet frequently about Milwaukee and Wisconsin | #GoPackGo
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Articles

These CFOs put the ‘strategy’ in strategic acquisitions

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By Alex Zank Verified
| CFO Brew Verified
Organizations look to acquisitions as an effective way to make a strategic pivot—and we don’t need to tell CFOs this, but there’s no shortage of reasons to embark on a strategic transformation right now. The increasingly strategic remit of the CFO includes devising and executing the strategy side of such acquisitions, according to finance executives who spoke with CFO Brew.
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Public companies look to auditors on regulatory changes, AI disclosures

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By Alex Zank Verified
| CFO Brew Verified
More public companies are getting proactive on regulatory changes that could impact capital markets and are more focused on AI-related risks, according to the Center for Audit Quality’s (CAQ) latest Audit Partner Pulse survey released on Wednesday. The spring survey, fielded in May, garnered 589 responses from audit partners.
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Massive AI capex shift sends IBM revenues tumbling

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By Alex Zank Verified
| CFO Brew Verified
One CFO’s capex shift is another CFO’s sales shortfall. It seems IBM is a victim of companies’ shifting capex budgets amid the AI arms race. In what the Wall Street Journal described as a “rare profit warning,” IBM CEO Arvind Krishna told investors in a letter on Tuesday that the company performed worse than expected in its second quarter. Preliminary Q2 results show IBM recorded revenue of $17.2 billion, worse than the $17.9 billion analysts had projected, according to Bloomberg.
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