Coty Inc.’s finance chief plans to slash the cosmetics giant’s debt further, a move aimed at reassuring investors that the company is on track with its turnaround.
Hershey Seeks Growth, Synergies From Pretzel Deals
Hershey Co. expects to grow its business and find some cost synergies, particularly in areas such as sourcing of ingredients and machinery, with its recent acquisitions of two snack makers, Chief Financial Officer Steve Voskuil said.
Twitter CFO Says Investing in Crypto ‘Doesn’t Make Sense Right Now’
Investing some of Twitter Inc.’s corporate cash in crypto assets such as bitcoin “doesn’t make sense right now,” Chief Financial Officer Ned Segal said in an interview Monday.
GE’s CFO Plays Key Role in Company’s Three-Way Split
General Electric Co.’s plan to split into three public companies puts its Chief Financial Officer Carolina Dybeck Happe in a core position to shape the new businesses by dividing up the conglomerate’s cash, debt and obligations such as pension liabilities.
Companies Lobby Against Democrats’ Interest-Deduction Limits
A tax provision under consideration in Congress that is designed to get multinational businesses to pay more U.S. taxes could lead companies to move borrowing and investment offshore, some corporate executives and tax professionals say.
Ford Motor Offers $2.5 Billion Green Bond to Investors
Ford Motor Co. on Monday offered a $2.5 billion unsecured green bond to investors, a first for the car maker that comes days after it launched its sustainable-financing framework and said it would buy back higher-priced debt.
Ford Offers to Buy Back Bonds as It Works to Overhaul Balance Sheet
Ford Motor Co. said it would buy back up to $5 billion in high-priced debt, a move that comes as finance chief John Lawler works to overhaul the car maker’s balance sheet and improve its credit rating.
ByteDance CFO Is Stepping Down to Focus on TikTok
TikTok owner ByteDance Ltd. said Chief Financial Officer Shou Zi Chew will step down from that role to focus on his position as chief executive of the popular video-sharing platform, a move that comes as ByteDance is reorganizing its business.
Biden Stock Buyback Tax: What to Know About the Latest Proposal
The Biden administration is floating a 1% excise tax on corporate stock buybacks.
Square Inc.’s CFO Talks Bitcoin, Afterpay and Cash App
For Square, bitcoin is the leading contender to be the internet’s native currency and the company is positioning its business accordingly, CFO Amrita Ahuja told me for The Wall Street Journal.