The Target veteran who has been running the retailer’s finances since 2019 is planning further investments in its stores to hold on to sales gains made during the pandemic.
Royal Caribbean CFO to Bolster Liquidity, Could Pay Down Debt After Share Sale
Royal Caribbean’s CFO plans to use the proceeds from a $1.5 billion share sale to boost the cruise operator’s liquidity and, potentially, to reduce its debt.
Companies Zoom In on Small Shareholders Amid Retail Trading Frenzy
The recent surge of small investors into some companies’ stocks is pushing investor relations departments to seek ways of engaging with their new shareholders.
GameStop’s New Mission: Level Up to Its Lofty Share Price
The run-up in GameStop’s share price this week is adding pressure on the company to deliver a turnaround that can be embraced by more than meme-stock believers.
Autodesk Names New CFO as It Looks to Do More Deals
Software firm Autodesk has poached the finance chief of SurveyMonkey to fill its void for the role of chief financial officer.
German Regulator Steps Down, EY Changes Leadership Following Wirecard Scandal
The Wirecard scandal is leading to more exits, with the head of Germany’s accounting regulator stepping down and auditor Ernst & Young naming a new leadership team in the country.
GameStop CFO Was Forced Out as Activist Investor Pushes New Strategy
GameStop’s finance chief was forced out of his role as activist investor Ryan Cohen pushes for a digital transformation of the ailing videogame retailer, people familiar with the matter said.
GameStop CFO Resigns Weeks After Reddit-Fueled Stock-Market Frenzy
GameStop’s finance chief is leaving weeks after a social-media-led frenzy sent the company’s share price soaring, only for it to fall afterward.
Companies Put the Best Face on Covid-19’s Financial Impact
About a year into the pandemic, some companies continue to use accounting cosmetics to add gloss to their financial results.
CFOs on the Hunt for Acquisitions Face High Prices, Strong Competition
Finance chiefs in pursuit of mergers and acquisitions are facing high asking prices and strong competition from other dealmakers, leading some of them to seize the opportunity while others are holding off.