Jim Cline never aspired to be a CEO. After serving as finance chief for more than seven years at Trex, a publicly held maker of wood-alternative outdoor decks and railings, he ascended to the top executive role in August of this year. But, at 66, it was Cline’s unbiased appraisal of the business’s needs, and not ambition, that drove him to take the job. Read more.
Sid Sankaran, the AIG’s chief risk officer, will take on the CFO role after AIG files its 10-K for 2015 early next year. Also, John Doyle, head of commercial insurance, will be replaced by Rob Schimek, a former CFO of that unit who currently is chief executive of the Americas. Read more.
More financial information than you think – find it at CFO. Enjoy today’s roundup.
But Mary Jo White cautions that recent PCAOB inspections have found “significant deficiencies” and audit committees may be taking on too much work.
Intuit CFO Neil Williams dissects the three broad components of capital allocation strategy.
The moves come amid pressure from activist investor Carl Icahn, but analysts question the departure of finance chief David Herzog.
A few years after outdoor deck provider Trex went through an epic transformation, the CFO who helped lead the change now has the title he never sought.
“Walmart Pay” is the latest manifestation of an ongoing transformation of the shopping experience.
Members of Congress have tried for years to remove the sunset date on the 1998 ban, which has required a number of extensions.
Uber classifies drivers as independent contractors rather than employees.
But the unemployment claims didn’t affect sentiment that the U.S. Federal Reserve will raise interest rates next week.
Get more financial insights inside the CFO library.