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.
Tesla Has Won Over Equity Investors but Not Ratings Firms
Tesla Inc. has won over equity investors, but it still has work to do to convince ratings firms.
CFOs Plump Salaries, Perks to Land Elusive New Employees
Finance chiefs are boosting salaries and recruitment spending, offering more in the way of perks and expanding their equity plans as they joust to attract—and retain—workers.
GM CFO Plans Long-Term as Car Maker Works to Transform Its Business
General Motors Co.’s finance chief is working to build out the company’s forecasting and planning capabilities to help the car maker achieve its long-term goals and better explain its business transformation to investors.
Lordstown Motors Recruits Adam Kroll as Financial Chief
Lordstown Motors Corp. has hired a new finance chief, a move that comes as the electric-truck startup works to evaluate new financing options and bring its first pickup to market.
Stripe Finance Chief Helps Steer Payment Processor’s Growth
A year into her role as finance chief of Stripe Inc., Dhivya Suryadevara is working to build out the payment processor’s finance team, strengthen its reporting capabilities and invest in its business, leaning on some of the insights she gained during her years at General Motors Co.
Covestro CFO Targets Higher Profit Margins After Reorganizing Business
Covestro AG’s finance chief is working to boost the specialty chemicals maker’s margins, review its performance metrics and offset higher raw material and energy costs.
Some CFOs Say Higher Corporate Taxes Could Lead to Lower Investments
Companies are preparing for another round of corporate-tax increases under a new administration, reframing their forecasting models to account for the impact of higher taxes on cash flows, spending and their overseas businesses.