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Pitney Bowes replaces CFO after only months in seat

CFO Dive

Editors picks Stringer via Getty Images Deep Dive 7 CFO tips for thriving despite ‘perma-crisis’ turmoil “Foundational rules for risk management have been fundamentally altered forever,” the former CEO of the Institute of Internal Auditors said. You can unsubscribe at anytime. million, according to the SEC filing.

CFO
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Bankrupt Wolfspeed taps new CFO

CFO Dive

The CFO appointment comes shortly after the Durham, North Carolina-based company filed for Chapter 11 bankruptcy on June 30 as part of a restructuring plan aimed at reducing its debt and strengthening its capital structure, according to a press release at the time. billion with the restructuring. “In You can unsubscribe at anytime.

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Peloton to shrink workforce by 6% in cost-cutting effort

CFO Dive

Joe Raedle via Getty Images Dive Brief: Peloton is launching a cost restructuring plan that will involve reducing its global workforce, the fitness company said Thursday. You can unsubscribe at anytime. Published Aug. Sign up A valid email address is required. Please select at least one newsletter. Registered in England and Wales.

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Modernising finance reporting in support of ESG

Future CFO

To thrive in this evolving regulatory landscape, CFOs must expand their function’s operating models beyond financial statements and construct a more holistic view of their organisation’s sources of value — one that measures and monetises financial and nonfinancial capital. Clearly, CFOs and the finance function have a big role to play here.

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A Practical Guide for the New CFO

CFO Talks

Construct Reliable Control Systems: Ensuring the integrity of financial systems and controls is crucial. Understand and Mitigate Risks: A CFO must have a comprehensive understanding of the various risks the company faces, including operational, financial, and strategic risks.

CFO
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Central Banker Report Cards 2024: Asia-Pacific

Global Finance

This system is anchored in an improving governance ecosystem focused on risk management and internal controls under the umbrella of ESG-focused structures. “As The Asian Development Bank forecasts GDP growth at 5% for this year, driven by reduced growth in construction and services. for the consumer sector and 46.7%

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Chapter 11 Watch: Hastings Can’t Find A Date, Kmart Finds The Rumor Mill

PYMNTS

John Lennon and Paul McCartney sang that they got by with a little help from their friends, and when retailers are teetering on the brink of bankruptcy, the backing of a financially sound ally can mean the difference between restructuring and liquidation.