CFO turnover reached new heights early this year, in sharp contrast to relatively stable rates for most of 2007. Resignations and retirements were up 15% in January and February from a year earlier, according to data compiled by Liberum Research. Some 110 CFOs resigned or retired in the first two...
As more companies recognize the need to set up a treasury shop in China, the expectation is for a war over the limited pool of bilingual university graduates and seasoned executives with the right skills
Exelon, the Chicago-based, $15.6 billion electric utility, has promoted corporate controller Matthew F. Hilzinger to senior vice president and CFO. Hilzinger, 44, succeeds John Young, who has accepted the CEO position with Energy Futures Holdings (formerly TXU). Hilzinger has served as controller since joining Exelon in 2002. Prior to Energy...
Sprint Nextel, the $41 billion provider of wireless and wireline communications services, with headquarters based in Reston, Va., named senior vice president and controller, William G. Arendt, acting CFO Arendt, 50, replaces Paul Saleh, who left the company January 25.
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Three CFOs from some of the largest and most high profile companies around--Citigroup, Home Depot and Intel--share their thoughts on how finance can help steer a company's strategy through rough economic waters