L Brands named finance chiefs for its Victoria’s Secret and Bath & Body Works businesses ahead of the planned separation into two publicly traded companies later this year.
EBay Hires JetBlue CFO to Lead Its Finances
EBay is turning to the finance chief of JetBlue Airways to oversee its finances, ending a search that began over a year ago.
AT&T Stock Pares Gains After Discovery Deal
AT&T’s shares declined and bond prices rose Monday after the telecommunications firm and Discovery said they plan to combine their media assets into a new publicly traded company.
Companies Weigh Price Increases, Other Options as Costs Rise
Finance chiefs across industries are facing a classic problem that comes with economic growth: rising costs of raw materials, energy and transportation. Company executives now have to decide how to offset these increases to protect margins and whether or not to pass the extra costs on to customers.
Daimler CFO Works to Separate Accounts, Debts and People Ahead of Truck Unit Spinoff
Daimler’s finance chief is divvying up the car maker’s books, debts and finance workers ahead of the spinoff of the company’s trucks business later this year.
Animal-Health Company Zoetis Promotes CFO to Expanded Role
Zoetis elevated finance chief Glenn David to an expanded role in which he will manage businesses that generate a significant portion of the company’s revenue.
PayPal Wants More Customers to Pay Using Crypto Assets
PayPal is looking to expand its lucrative business of enabling customers to pay merchants with crypto assets, but doesn’t yet plan to invest in these assets.
Puma Promotes Insider to CFO as Company Projects Growth
Puma SE made a company veteran its next chief financial officer as the German sportswear maker looks to benefit from a reopening of the economy in some parts of the world.
Clorox’s Move to Provide Adjusted EPS Raises Concerns
Clorox’s decision to break out adjusted EPS has drawn the ire of some analysts who criticized the change as potentially misleading.
Discovery Breaks Out Streaming Unit’s Performance Metrics to Showcase Transformation
Discovery’s finance chief is watching metrics old and new as he tracks the company’s shift from linear television toward streaming.