Clothing retailers are improving their profit margins by keeping their inventory low and offering fewer end-of-season markdowns.
Willis Towers Watson Names New CFO as It Rebuilds Leadership Team
Willis Towers Watson rehired a former executive to be its finance chief as the insurance broker works to chart a new path after its merger with rival Aon fell apart due to antitrust concerns.
Walgreens Boots Hires New CFO for Its U.S. Business
Walgreens Boots Alliance Inc. recruited a former Walmart Inc. executive to manage the finances of its U.S. business, which generates the bulk of the pharmacy chain’s revenue.
Healthcare Services Group Settles SEC Charges Alleging It Inflated EPS
Healthcare Services Group agreed to pay $6 million to settle SEC charges that it inflated its earnings per share to meet analyst estimates.
FactSet Recruits Finance Veteran as CFO
FactSet Research Systems Inc. hired a finance veteran as its next chief financial officer, a move that comes as the information provider looks to expand its business.
Finance Chiefs Work to Navigate Higher Costs, Transportation Woes
Finance chiefs are revising their product portfolios and packaging to reduce the impact of higher costs and supply disruptions on their businesses.
Baseball Is Back, but Boston Red Sox’s CFO Is Watching Delta Variant Closely
“We have never allowed ourselves to celebrate victory” over Covid-19, said Tim Zue, who developed more than 20 scenario plans for the Red Sox when the pandemic took hold last year.
Lockheed Launches CFO Search After Ken Possenriede Departs Suddenly
Aerospace and defense giant Lockheed Martin Corp. named a longtime company veteran to take over as acting chief financial officer following the sudden exit of its current CFO.
Stanley Black & Decker to Mandate Masks for U.S. Employees Starting Friday, CFO Says
Tool maker Stanley Black & Decker Inc. will require its U.S. employees to wear masks regardless of their vaccination status starting Friday, but won’t mandate inoculations for fear workers might quit or strike, the company’s finance chief said.
Duolingo Allows Employees to Sell a Portion of Their Shares Early
Language-learning platform Duolingo Inc. joined a group of companies that have allowed their employees to sell a portion of their shares soon after going public, easing the typical six-month lockup, its finance chief said.