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CFO Leadership Council Highlights Our First 10 DEI Ascend Honorees

CFO Leadership

The CFO Leadership Council proudly highlights our very first ten Diversity, Equity, and Inclusion Ascend Honorees! The Ascend program is an opportunity for Senior Finance Executives from underrepresented groups to join The CFO Leadership Council. Meet Our First 10 Ascend Honorees. Joy Harper, Cloud Finance, Google.

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MiB: Jenny Johnson, Franklin Templeton CEO 

Barry Ritholtz

Johnson joined the firm in 1988 and held leadership roles in all its major divisions before becoming CEO in February 2020. When you have a momentum market [like now] and you have five companies that take their 25% of the index, a professional manager gets nervous by that type of concentration, say the S&P 500. trillion globally.

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MiB: Jenny Johnson, Franklin Templeton CEO 

Barry Ritholtz

Johnson joined the firm in 1988 and held leadership roles in all its major divisions before becoming CEO in February 2020. When you have a momentum market [like now] and you have five companies that take their 25% of the index, a professional manager gets nervous by that type of concentration, say the S&P 500. trillion globally.

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UK Department Store Group Debenhams Requests Five-Month Rent Freeze

PYMNTS

The group also recently asked for a drop in business rates and rent in relation to its balance sheet restructuring, which could potentially involve a process that would turn 100 million pounds ($122.4 The chain went through two insolvency events in 2019, and it expects the virus to adversely affect trading. million) of debt into equity.

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Cash in times of crises: Lessons from 2020-2022

Future CFO

The Group also completed a successful restructuring which helped to strengthen its financial and cash position,” she added. She also cited regaining financial institutions’ confidence in the Group post-restructuring as another challenge. “This was addressed through the institution of daily cash monitoring and management.

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991: Transforming Investment Wisdom Into Management Strategy | Jeff Bray, CFO, Semperis

CFO Thought Leader

This principle of concentrated effort not only transformed his approach to investment management but also became a guiding principle throughout his career, which includes his latest stint as CFO of Semperis, a leading cybersecurity firm.

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Transcript: Maria Vassalou

Barry Ritholtz

But to me, at the same time, I was finding this concentration on passive investing also problematic because passive investing works when the markets are efficient, and the markets are efficient when there is enough trading happening for new information to be incorporated in the prices. So stock-picking will be a really important component.