Office Depot Inc., the $15 million office supply chain based in Delray Beach, Fla., announced the departure of executive vice president and CFO Patricia A. McKay.
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...
Annuities have rarely been the investment option of choice for most, but a couple of new products could let 401(k) participants reap some of the benefits of an investment that guarantees payouts for life
First, it was FAS 133 and now it is fair valuation rules. But despite this raft of regulation making derivatives usage even dicier than it was already, companies do not seem to be throwing in the towel.
The Financial Accounting Standards Board (FASB) is considering requiring corporations to provide more details about pension plan allocations, including alternative investments. FASB says it is responding to shareholder demands for more transparency so they can better gauge portfolio risks.
The Financial Accounting Standards Board (FASB) is considering requiring corporations to provide more details about pension plan allocations, including alternative investments. FASB says it is responding to shareholder demands for more transparency so they can better gauge portfolio risks.