Florida CFO Jimmy Patronis will run for Matt Gaetz’s former House seat
Florida Chief Financial Officer Jimmy Patronis plans to run for U.S. Congress, according to a resignation letter circulating online. In a letter to Sunshine State Governor Ron DeSantis and Florida Secretary of State Cory Byrd, Patronis wrote: “This letter confirms that I am resigning from my role as Chief Financial Officer of the State of […]
Walmart CFO says some prices might rise if Trump's tariffs take effect
A Walmart executive warned that President-elect Donald Trump's plan to raise import tariffs could cause the retail giant to raise prices on goods in its stores. “We never want to raise prices,” said John David Rainey, the company's chief financial officer. Interview with CNBC on tuesday. “Our model is everyday low prices, but there will […]
Discover CFO: Cautious Consumers Cause Slide in Card Volume – PYMNTS.com
discover financial servicesthird quarter of income result evidence provided it is acquisition by capital one Things are going well. There is a growing sense of caution regarding the consumer situation, and many households are looking for ways to consolidate their debts. Interim CEO michael shepherd “Capital One continues to lead merger-related activities and the filing […]
Tyson Foods names permanent replacement for CFO John R. Tyson
Tyson Foods Inc. on Thursday named in-house executive Kurt Calaway as its chief financial officer, replacing John R. Tyson, who was suspended in June after being arrested and charged by police in Arkansas with drunk driving and careless driving. Calaway has been with the company since 2006 and most recently served as interim CFO, and […]
Apple to replace CFO Luca Maestri in ‘planned succession’ on Jan. 1
Apple has announced that its longtime chief financial officer, Luca Maestri, will step down from his role on January 1. Kevan Parekh, Maestri's top vice president and an 11-year veteran of Apple, will succeed Maestri as CFO in what the company describes as a “planned succession” move. Maestri, 60, will stay on in a reduced […]
RBC countersues former CFO Ahn, claims breach of code of conduct – Yahoo Canada Finance
By Nivedita Bal TORONTO (Reuters) – Royal Bank of Canada filed a counterclaim on Friday against its ousted chief financial officer Nadine Ang, detailing the findings of an internal investigation into her close relationship with a subordinate and alleging she violated the bank’s code of conduct. Ahn filed a lawsuit last week against RBC for […]
Florida CFO Jimmy Patronis Orders Halt to Contracts with News Censorship Groups Like NewsGuard
Florida’s Chief Financial Officer Jimmy Patronis has ordered the state’s Department of Financial Services to stop contracting with entities involved in news censorship and blacklisting activities, including media censorship agency NewsGuard. “Florida rejects censorship! Today I banned @FLDFS from working with censorship and blacklisting groups like NewsGuard. These groups issue ‘credibility ratings’ to news sources […]
Former NRA CFO Given 10-Year Ban on Money Management in NY
Former NRA Chief Financial Officer Wilson Phillips was banned Tuesday for 10 years from managing funds at the New York nonprofit. Associated Press report Earlier this year, Phillips said:[bankrolling] The lavish lifestyle of the NRA’s longtime CEO Wayne Lapierre.” The 10-year ban on managing the funds is the result of an agreement with the state, […]
Tyson Foods CFO arrested, receives suspension from company
See what’s clicking on FoxBusiness.com John R. Tyson has been suspended from his job as chief financial officer of Tyson Foods Inc. due to new legal troubles following his arrest Thursday morning. The 34-year-old “We are aware that Tyson Foods Chief Financial Officer John Randall Tyson has been arrested on suspicion of drunk driving,” the […]
CFO of Detroit riverfront revitalization project charged with embezzling $40M
The man who for many years managed the finances of the organization that transformed Detroit’s riverfront into a popular tourist attraction was indicted Wednesday on charges of embezzling tens of millions of dollars. According to a criminal complaint unsealed in federal court, William Smith routinely used the money he received from the Detroit Riverfront Conservancy […]