As companies get ready to host another round of remote annual meetings, some of them are increasing opportunities for shareholders to interact with management.
Whirlpool CFO Faces Higher Costs as Component Shortages Force Production Line Shifts
Whirlpool’s finance chief is looking to offset cost increases caused by a shortage of microchips and plastic, which is forcing the appliance maker to switch over its production lines more frequently.
Boeing CFO Guided Aircraft Maker Through 737 MAX Crisis
Boeing’s finance chief Greg Smith served as a steady hand during the aircraft manufacturer’s recent years of tumult. Finding a successor after his unexpected departure might be tough.
Expedia CFO Plans a Bigger Marketing Budget
Expedia’s finance chief plans to spend more on marketing while keeping overall costs under control as the online travel company looks to benefit from the resurgence in domestic travel.
What CEOs, CFOs Are Saying About the Prospects of Higher Taxes
Executives at American companies are bracing for higher taxes following the unveiling of President Biden’s $2.3 trillion infrastructure plan, which is proposing to raise the corporate tax rate to 28% from 21%, and increase taxes on companies’ foreign earnings. Here is what chief executives and chief financial officers are saying about the tax plan.
Dell CFO Looks to Use VMware Proceeds to Bring Down Debt
Dell Technologies Inc.’s plan to spin off its stake in software-giant VMware Inc. will help its finance chief shrink the personal-computer maker’s mountain of debt.
Levi’s CFO Plans to Increase Capital Spending on Digital Initiatives
Levi Strauss & Co.’s finance chief is ramping up the jeans maker’s capital spending, aiming to spend two-thirds of it on digital initiatives to aid the company’s recovery from the effects of the coronavirus pandemic.
After Wirecard, Germany’s Proposed Audit Overhaul Worries Finance Executives
Auditors and finance chiefs of some of Germany’s biggest businesses are worried that a new regulatory proposal intended to improve audit quality in the wake of the Wirecard scandal will lead to higher costs and less competition.
General Mills CFO Looks to Reduce External Manufacturing Once Demand Levels Off
General Mills Inc.’s finance chief plans to reduce the food maker’s reliance on costly contract manufacturing once pandemic-driven demand for its products tapers off.
Corteva Names Finance Veteran to CFO Role
Corteva Inc. has hired a veteran finance executive as its new chief financial officer, weeks after the agricultural products company averted a potential proxy fight with an activist investor.