Tag: CFO

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  • Economy and US CFOs

    US CFOs see plenty of troubles ahead in the economy

    The Chief financial officers (CFOs) at some of North America’s largest corporations are feeling down about the immediate future of the economy. Deloitte’s first quarter CFO Signals survey shows outlook for revenue, earnings, capital spending and domestic hiring all declined to the lowest level since 4Q 2012. “One difference this quarter seems to be CFOs’ […]

  • Deloitte CFO Survey

    CFOs are still positive about 2016 but their confidence is trending down

    Despite the oil downturn, trouble in China, and a strengthening US dollar that has hurt US retail numbers and manufacturers, Chief Financial Officers in the United States are still touting a relatively positive attitude for 2016. “Overall, there seems to be a belief among many that North America (and the US in particular) can continue to […]

  • John Rainey Paypal CFO

    United Airlines CFO John Rainey Jumps Ship And Joins Paypal

    United Airlines has lost Chief Financial Officer John Rainey. The company’s CFO joined United three years ago, a time when United paid down its highest-interest debt and tripled its profit to $1.19 billion last quarter. Paypal Holdings Inc. and United Continental Holdings Inc. verified the move on Tuesday. Replacing John Rainey at United is Treasurer […]

  • Sprint Names new COO

    Sprint Names Tarek Robbiati As New CFO As Executive Shake-Ups Heat Up

    Sprint Corp is ditching Chief Financial Officer Joseph Euteneuer amid a major executive shakeup. Replacing Mr. Euteneuer is Tarek Robbiati. Robbiati, who will join in late August, stepped down as chief executive of Australian financial services provider FlexiGroup Ltd in June. He also served as the deputy CFO of Telstra Corp Ltd, Australia’s leading telecoms company, […]

  • Snapchat Revenue

    Snapchat’s revenue in 2015 show signs of a $19 billion company

    Snapchat, the ephemeral photo, video and messaging app, is finally starting to make some real money.  With this new money in the bank, they are also looking for someone to manage it all. According to multiple sources following the company, Snapchat is targeting around $50 million in revenue this year.  This marks a nice yearly earnings considering it […]

  • University CFO and future of public education in America

    College CFOs Give Bleak Outlook On The Future Of Their Institutions

    Chief Financial Officers (CFOs) at half of the major universities in the United States have revealed uncertainty about their institution’s financial future according to Inside Higher Ed and Gallup’s fifth annual survey of college and university business officers. In the study, nearly one-third of private non-profit CFOs believes their institutions may have to shut down in […]