Funding & Investment

Citigroup’s CFO John Gerspach in Hot Water

John Gerspach, CFO of Citigroup, was the topic of much conversation during a recent episode of CNBC’s “Halftime Report.” Analyst Mike Mayo has been tracking the CFO’s progress ever since Gerspach was brought on board as CFO in 2009. After the show aired, many were forced to recall the time in 2013 when Citigroup was …

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McDonald’s CFO Bensen Talks New Product Launches, Stocks Rise

From losing the title of “Fast Food King” to lawsuits alleging wage-stealing violations, McDonald’s has faced many challenges the last few years. Now that the restaurant chain has missed sales forecasts for the last two months, the situation is looking particularly grim. Still, McDonald’s leaders haven’t lost that lovin’ feeling for the brand, working diligently …

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Home Depot CFO: Housing Market to Impact Company Growth

Despite impressive growth since 2010, Home Depot CFO Carol Tomé warns that slowing housing market growth coupled with the falling prices of raw materials could hurt company growth by a minimum of two percentage points. On Tuesday, February 25, 2014, Home Depot announced a 21 percent increase of 47 cents per share over the prior …

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CFOs Focus on Retirement Benefits after International Paper Settlement

Late last year, employees of International Paper Co. were victorious in their 7-year long battle with the company regarding 401(k) claims. International Paper Co. agreed to settle for $30 million, bringing relief to the 10 employees involved in the lawsuit. In the history of retirement plan disputes, International Paper Co.’s settlement is believed to be …

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What is Making CFOs Lose Sleep?

Being a CFO in today’s marketplace has never been more difficult; the mounting pressures and rapidly changing pace of technology are just two factors which contribute to making the job of CFO increasingly more challenging. Making it even harder still are the shifting global economics of an interconnected world, and anxiety over choosing the right …

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