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CFO – XtremeCuztoms

Tag: CFO

Tyson Heir and CFO Settles Trespassing, Intoxication Charges

Tyson Foods Chief Financial Officer John R. Tyson—a great-grandson of the company’s founder—has settled public intoxication and criminal trespassing charges filed against him after he broke into a stranger’s home and fell asleep on her bed. Tyson pleaded guilty to both misdemeanors in a district court in Fayetteville, Arkansas, on Tuesday, according to the Fayetteville…


Instead of Panicking, Deal With Your Student Loans Like a CFO Would

By Henri Steenkamp Today’s students and new graduates are saddled with years upon years of student-loan debt. This type of debt can be difficult for anyone to pay back in a timely, responsible manner, even in the best of times. In fact, many professionals well into their careers continue to struggle with balancing the checkbook and…


Renault CFO Delbos Steps Down to Steer Its Mobilize EV Brand

PARIS—Clotilde Delbos will step down as Renault’s chief finance officer, she told analysts on Friday, to focus on leading the group’s Mobilize unit. After six years as finance chief Delbos will be replaced by Thierry Pieton, her deputy, from March 1. “Clotilde Delbos will mainly focus on her role as CEO of the Mobilize brand…


Nestle Proposes Apple CFO for Election to Its Board

ZURICH—Food group Nestle said on Thursday it was proposing Luca Maestri, chief financial officer at Apple, and Chris Leong, chief marketing officer at Schneider Electric, for election to its board of directors. The elections will take place at the company’s annual general meeting on April 7. Ann M. Veneman will retire from the board, and…


Alibaba Appoints New CFO, Reshuffles E-commerce Businesses

HONG KONG—China’s largest e-commerce group Alibaba said Monday it is appointing a new chief financial officer and reorganizing its e-commerce businesses amid a regulatory crackdown in the technology industry. The company said in a statement Monday that Toby Xu will succeed Maggie Wu as its new CFO from April 1, 2022. Xu joined Alibaba from…


Walmart Veteran Biggs to Step Down as CFO Next Year

Walmart Inc. said on Monday longtime executive Brett Biggs will step down from his role as chief financial officer of the world’s largest retailer next year. Biggs, the finance chief since 2015, helped oversee a period of rapid change at Walmart as the brick-and-mortar retailer launched and expanded a number of initiatives to help fend…


Pfizer CFO D’Amelio to Retire After 15 Years at Company

Pfizer Inc. said on Wednesday Chief Financial Officer Frank D’Amelio, 63, would retire after nearly 15 years at the company. The drugmaker has started an external search for the successor of D’Amelio, who also served as executive vice president of global supply. During his tenure, Pfizer slimmed down its business through sales to focus on…


Bank of Ireland Blames Irish Pay Cap as CFO Announces Departure

DUBLIN—Bank of Ireland blamed state-imposed curbs on bankers pay and bonuses for the announcement on Monday that Chief Financial Officer Myles O’Grady would leave the bank for a role outside the financial sector. Ireland capped executive pay at 500,000 euros ($552,300) a year during the euro zone’s costliest banking rescue more than a decade ago….


US Resumes Talks With Huawei CFO on Resolving Criminal Charges: Globe and Mail

The U.S Department of Justice (DOJ) is in talks with Huawei and its Chief Financial Officer Meng Wanzhou’s lawyers about an agreement that could allow her to return to China, the Globe and Mail reported on Friday, citing Canadian sources. Meng was arrested at Vancouver International Airport in December 2018 on a warrant from the United…


GM CFO Sees ‘More Stable’ Chip Supplies in 2022, Reaffirms 2021 Outlook

DETROIT—General Motors Co. Chief Financial Officer Paul Jacobson reaffirmed the automaker’s 2021 profit outlook and said the company expects a “more stable year” in 2022 for semiconductor supplies. Jacobson said during a conference call with investors that GM still expects to deliver pre-tax profits for 2021 in the range of $11.5 billion to $13.5 billion…