Business Strategy

Hootsuite Hires CFO: IPO in the Works

Rumors abound that Open Text exec Sujeet Kini will take the Hootsuite’s CFO position. This comes before the company’s expected IPO in Canada. Kini previously worked for Open Text Corp, one of Canada’s largest public companies. Hootsuite was searching for a CFO for most of the past year, a crucial step to launch an IPO.

Instacart’s Growth is Exploding: First CFO Hired Last Month

Instacart, the grocery delivery start-up company, recently hired its first CFO. The hire comes as a natural progression for the company: the start-up raised $220 million last year and is already valued at $2 billion. Ravi Gupta will be the CFO for the three year old company. Gupta brings his prior experience in finance, corporate …

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How McDonald’s Is Changing Its Fast Food Game

Fast food giant McDonald’s has been flailing as of late; a recent survey revealed that consumers lacked trust in the company compared to other fast-food chains like Chipotle, Panera Bread, and Krispy Kreme. Its financial reports have not fared much better, reporting a 10% drop in quarterly sales in July. How is McDonald’s fighting back? …

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CFO Offers Insight Into Time Warner Merger Failure

Comcast spent millions of dollars and a year and a half convincing regulators to approve an acquisition of Time Warner Cable at an estimated $45 million. While most executives would still be stewing over the wasted effort and cash, Comcast chief financial officer Mike Cavanaugh has another perspective. “In some ways, it’s a shame that …

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