Paulo Basilio, who will take over from Sept. 1, will be replacing David Knopf, who will return to Brazilian private equity firm 3G Capital as a partner. Kraft Heinz Co has named Paulo Basilio as its next chief financial officer… Read More ›
Chief Financial Officer
Newell Brands Inc appoints Ravi Saligram as its Chief Executive
Newell Brands Inc is currently led by its CFO Christopher Peterson, who was appointed as its CEO on an interim basis. On Tuesday, according to a report by the Wall Street Journal, U.S. household goods maker Newell Brands Inc, has… Read More ›
Etihad Airways appoints Andrew Macfarlane as the group’s CFO
Etihad’s former CFO, Mark Powers had resigned in April with Adam Boukadidam; Etihad’s finance executive replaced Powers on an interim basis. On Monday, a spokesman for Etihad Airways disclosed, the airlines has appointed Andrew Macfarlane as the group’s CFO. Mark… Read More ›
Canada rejects suggestion of halting Meng Wanzhou’s extradition to the United States
Meng Wanzhou’s extradition to the United States has clearly touched a nerve for Beijing. Although Huawei keeps chanting the mantra that it is not tied to the Chinese government, Beijing’s violent reactions however are indicative otherwise. Canada’s Foreign Minister Chrystia… Read More ›
Volkswagen sets aside $6.16 billion for contingent liabilities arising out of emission scandal
The diesel emission cheating scandal has so far cost Volkswagen 30 billion euros. Volkswagen’s Chief Financial Officer (CFO) disclosed, the carmaker has provisioned $6.16 billion (5.5 billion euros) in contingent liabilities in order to cover the cost of potential liabilities… Read More ›
HSBC’s internal investigation uncovers Huawei’s financial ties to Iran and Syria
This is the first time HSBC’s internal probe has been made publicly available. As per an internal probe by HSBC Holdings PLC into Huawei Technologies’ dealings with a suspected front company in Iran found that China’s Huawei maintained close financial… Read More ›
Lloyds Bank hires Morgan Stanley’s banker William Chalmers as its CFO
William Chalmers will be replacing outgoing CFO George Culmer, scheduled to leave in June. On Friday, Britain’s biggest mortgage lender Lloyds Banking Group stated, it has has hired William Chalmers, a senior banker at Morgan Stanley, as its new chief… Read More ›
Activision Blizzard Inc appoints Dennis Durkin as its CFO
In the coming days, Netflix is likely to announce Spencer Neumann as its CFO. The top level change at Activision Blizzard Inc could be because of Netflix’s poaching. Gaming giant Activision Blizzard Inc has appointed Dennis Durkin as its chief… Read More ›
Thyssenkrupp names Johannes Dietsch as its CFO
Johannes Dietsch played a pivotal role in Bayer, as its CFO, in arranging the funding for the $63 billion takeover of Monsanto. On Friday, Germany’s Thyssenkrupp stated, it would propose to name former Bayer finance chief Johannes Dietsch as its… Read More ›
Lockheed Martin Corp names Kenneth Possenriede as its CFO
Kenneth Possenriede will be replacing Bruce Tanner who is set to retire in mid-2019. U.S. defense contractor Lockheed Martin Corp has announced, Kenneth Possenriede will be replacing Bruce Tanner as its chief financial officer. Tanner is likely to retire in… Read More ›
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