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Disney to restructure finance team: CFO memo

CFO Dive

In a memo to employees from CFO Christine McCarthy that was later leaked, she outlined plans for changes to the structure of the company’s financial team, according to a Business Insider report.

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FASB update nixes separate accounting for troubled debt restructurings

CFO Dive

As an alternative to calculating TDR, creditors that have implemented current expected credit losses (CECL) standards are to disclose their restructurings for distressed borrowers.

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CERIL Report Reviews Cross-Border Effects in European Preventive Restructuring

Corporate Finance Lab

The independent think tank Conference on European Restructuring and Insolvency Law (CERIL) has published its latest Statement and Report 2022-2 on Cross-Border Effects in European Preventive Restructuring. Cross-Border Dimensions of Preventive Restructuring Proceedings. In January 2022, CERIL commenced a new project led by Prof.

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Bed Bath & Beyond CFO ties bankruptcy to e-commerce ‘reluctance’

CFO Dive

Restructuring expert Holly Etlin, named Bed Bath & Beyond’s interim finance chief in February, stepped into the roles of CFO and chief restructuring officer Saturday.

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Restructuring Compensation And Roles To Align For Growth

CFO News Room

So, now, help us understand how this evolved and where the challenges had come as this was evolving that got you to the point that you had to do some restructuring to make it this. How And Why Cean And His Partners Restructured Roles And Compensation [56:07]. Michael: So, I understand the structure now as it exists today for the firm.

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Disney to cut back streaming content as subscriber count slumps, CFO says

CFO Dive

Disney’s restructured content strategy comes as the company faces legal battles, a changing entertainment environment and the impact of AI.

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Vera Bradley replaces CFO, plans more job cuts

CFO Dive

The seller of women’s handbags is planning to cut as many as two dozen jobs as part of a corporate restructuring initiative targeting $12 million in incremental cost reductions.

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