The CFO: a new showperson?

“How cool is this week?” No, it´s not a loud beginning for a company-wide sales meeting. It’s the way in which Brett Biggs, CFO of Walmart, began his presentation at the annual shareholders meeting in Bentonville, Arkansas, a few days ago. His was not a dry, financials-driven PowerPoint presentation, but a show with a script that was something between a pep talk and a report to the board, leaning much more to the former than to the latter. He then told a personal story, to a stadium filled with 14,000 employees and shareholders. Less than a year ago, Biggs said, management gave investors details of a new financial framework based on three key elements which define how Walmart measures success: […]

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The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]