Delta Air Lines recruited a General Electric executive to lead its finances following the departure of its longtime finance chief last year.
Former ICE CFO Looks Back on Dozens of Deals Made During His Tenure
Scott Hill helped lead dozens of acquisitions during his more than 14 years as finance chief of ICE. I spoke to him about the changing role of the CFO, integrating targets and the impact of Covid-19 on the mortgage market.
L Brands Names CFOs for Victoria’s Secret, Bath & Body Works
L Brands named finance chiefs for its Victoria’s Secret and Bath & Body Works businesses ahead of the planned separation into two publicly traded companies later this year.
EBay Hires JetBlue CFO to Lead Its Finances
EBay is turning to the finance chief of JetBlue Airways to oversee its finances, ending a search that began over a year ago.
AT&T Stock Pares Gains After Discovery Deal
AT&T’s shares declined and bond prices rose Monday after the telecommunications firm and Discovery said they plan to combine their media assets into a new publicly traded company.
Companies Weigh Price Increases, Other Options as Costs Rise
Finance chiefs across industries are facing a classic problem that comes with economic growth: rising costs of raw materials, energy and transportation. Company executives now have to decide how to offset these increases to protect margins and whether or not to pass the extra costs on to customers.
Daimler CFO Works to Separate Accounts, Debts and People Ahead of Truck Unit Spinoff
Daimler’s finance chief is divvying up the car maker’s books, debts and finance workers ahead of the spinoff of the company’s trucks business later this year.
Animal-Health Company Zoetis Promotes CFO to Expanded Role
Zoetis elevated finance chief Glenn David to an expanded role in which he will manage businesses that generate a significant portion of the company’s revenue.
PayPal Wants More Customers to Pay Using Crypto Assets
PayPal is looking to expand its lucrative business of enabling customers to pay merchants with crypto assets, but doesn’t yet plan to invest in these assets.
Puma Promotes Insider to CFO as Company Projects Growth
Puma SE made a company veteran its next chief financial officer as the German sportswear maker looks to benefit from a reopening of the economy in some parts of the world.