Articles about Cfo

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Google dangles $70m before new CFO to lure her from Wall Street

It took a $70m golden hello to entice Ruth Porat – Google's new chief financial officer – away from her role at Morgan Stanley. According to a filing with the US Securities and Exchange Commission, the material terms of Ruth Porat's offer letter included not only an annual base salary of $650,000, but also a set of three …
Uber surge pricing during Sydney seige

Cab for Callinicos! Uber's CFO moves on after just two years

Brent Callinicos is to step down as CFO of Uber after two years at the ride-sharing company in order to spend more time with his family. In an email published by the WSJ, CEO Travis Kalanick offered a laudatory eulogy dressed up as a HR memo for investors: "Almost two years ago, I brought on one of the great financial …

Apple finance overlord Oppenheimer: I love Apple, but I gotta get this pilot licence. See ya

Apple's chief bean counter Peter Oppenheimer – the man who has been a constant during Apple's dark pre-iPod days and amid the meteoric rise since – is to call it a day at the end of September. The Cupertino finance lord manages all the grey aspects of the colourful tech vendor's biz including treasury, information systems, …
Paul Kunert, 4 Mar 2014

Redstone's chief bean counter resigns as biz slowly dismantles itself

Networks integrator Redstone has revealed that its chief bean counter, Peter Hallett, has resigned in the wake of the demerger with its managed services arm. Back in February, Redstone confirmed plans to spin off its network managed services biz into a newly incorporated firm, Redcentric, a process that completed in April with …
Paul Kunert, 28 Jun 2013

2e2 investors pull in bigshot beancounters to pore over books

2e2's financial backers have brought several seasoned beancounters into the debt-laden business, The Channel can reveal. Sources told us that Lynn Mawdsley has gone in as CFO to replace the previous group FD Simon Burt. She describes herself on LinkedIn as a "turnaround director". It is also believed that Simon Poulton, who …
Paul Kunert, 10 Jan 2013
The Register breaking news

Morse! Shoved! Out of! Yahoo! Beneath! Giant! Golden! Parachute!

Yahoo's sacked chief financial officer Tim Morse is going to get a nice little package for his "termination without cause". Morse, who briefly stood in as interim CEO after ex-chief Carol Bartz got the boot, was himself shown the door by ex-Googler and current top dog Marissa Mayer in September and immediately replaced by …
The Register breaking news

Yahoo! boss! boots! out! CFO! and! Google! kisses! up! for! future! search! deal!

It's easy for Google chairman Eric Schmidt to be playful about a future search deal with Yahoo! now that ex-Chocolate Factory Golden Girl Marissa Mayer is at the helm of the Purple Palace. Schmidt apparently hinted at just such a search pact on Tuesday. At present, Yahoo!'s search is powered by Microsoft's Bing – but there's …
Kelly Fiveash, 26 Sep 2012
The Register breaking news

Apple denies reported plan to deep-six CFO Oppenheimer

Apple has reportedly been fishing around for a new chief finance officer, even though the iPhone and Mac vendor has strongly denied it is mulling a replacement for its current top bean counter. According to Bloomberg, which cites sources familiar with the situation, Apple asked Blackstone Group's finance boss Laurence Tosi to …
Kelly Fiveash, 7 Jan 2011
The Register breaking news

Microsoft loses top beancounter

Microsoft is saying goodbye to its chief beancounter, Chris Liddell, after four and a half years in the post. CFO Liddell leaves at the end of the year and will be replaced by Peter Klein - currently CFO of Microsoft's business division. Klein worked in corporate finance before joining Microsoft. Steve Ballmer said Liddell …
John Oates, 25 Nov 2009
The Register breaking news

SpinVox: Enter the Dragon!

To Marlow, where SpinVox today hosted a demonstration for journalists of its technology to convert voice messages to text: two groups of four journalists, to be precise. For a full report on the demo, see this report. Not long after the presentation had got underway, the door opened and in came the chief executive and co- …
The Register breaking news

Motorola's ex-CFO files whistleblower suit

Who'd a thunk it? Behind Motorola's gloomy Q4 earnings report and corresponding sacking of its financial chief, Paul Liska, there was a tale of alleged treachery and intrigue. Liska claimed in a court filing unsealed Thursday that his firing was a retaliation for warning the company's board of directors that Motorola's ailing …
Austin Modine, 11 Apr 2009

DRAM boom-lite coming

DRAM manufacturer Elpida hopes the DRAM market will be healthier next year when a severe two year slump ends. Elpida, Japan's only DRAM vendor, made a $144m operating loss in its first fiscal 2009 quarter which finished at the end of June. It thinks it will post another thumping $144m operating loss for its second fiscal 2009 …
Chris Mellor, 12 Sep 2008
The Register breaking news

Google ends marathon search for new financial chief

Google has finally found a new chief financial officer, ending a nearly year-long search to replace its current CFO, George Reyes. The ad broker tapped telecommunications executive Patrick Pichette. He'll start punching the clock at Google on August 1 and take the CFO chair August 12. Pichette was previously the president of …
Austin Modine, 26 Jun 2008
Google

Whither Google's new CFO?

Back in August, Google told the world that CFO George Reyes would retire from the company once someone could be found to replace him. Well, almost nine months have passed, and there's no replacement. In the official press release that announced Reyes' retirement plans, the company said that it expected to find a replacement by …
Cade Metz, 21 May 2008
Dell

Dell and Rackable's CFOs a-go-go

Dell-y Don Carty Dell's finance chief Don Carty will step down next month, ending his short stint of overseeing the books during the computer maker's internal accounting probe. He will be replaced June 13 by Brian Gladden, former CEO of SABIC Innovative Plastics Holdings — a spinoff of General Electric Plastics. Gladden …
Austin Modine, 19 May 2008
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BestBuy blasts into UK with Carphone Warehouse buy

Carphone Warehouse is selling a 50 per cent stake in its mobile phone retail business to US electronics retailer BestBuy, setting the stage for a heavyweight fight in the UK's retail electronics market. The deal will bring CPW £1.1bn in cash, enough to sort out its debt problems and could leave enough in the till to buy …
John Oates, 8 May 2008
graph up

Juniper names Sun exec as CFO

Juniper Networks has tapped former Sun executive, Robyn Denholm, as chief financial officer today, filling a hole left by a management shuffle due to a stock options investigation. The CFO spot has been vacant at Juniper since Robert Dykes handed in his resignation in March as a part of the shakeup. Dykes has since become CEO …
Austin Modine, 14 Aug 2007

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