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.
CFOs Hesitate to Invest in, Handle Bitcoin Due to Volatility
CFOs say the swings in the price of bitcoin could have negative effects on their balance sheets and question whether the practical uses of cryptocurrencies are worth the risk.
Eli Lilly Doesn’t Plan to Claw Back Past Pay From Former CFO
Eli Lilly & Co. said it won’t try to claw back past pay from newly departed finance chief Joshua Smiley, but moved to take away his 2020 bonus and other incentive compensation following years of rule tightening around executive conduct and recuperation of funds at the drugmaker.