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CFOs On the Move: Week Ending March 24
Ally Financial, NFL, Papa Johns, Overair, LastPass, Curbio, Hinge Health, Momnt, Sealed Air, Infobip
By
Lauren Muskett
| March 24, 2023
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CFOs On the Move: Week Ending March 24
Ally Financial, NFL, Papa Johns, Overair, LastPass, Curbio, Hinge Health, Momnt, Sealed Air, Infobip
By
Lauren Muskett
| March 24, 2023
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Q&A
Lamborghini CFO Paolo Poma: Luxury Auto Growth, Finance, and Competency to Execute
The luxury car manufacturer's finance chief discusses sustainability efforts, dealing with labor issues, and how to be a lifelong learner.
By
Adam Zaki
| March 23, 2023
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Risk & Compliance
Nikola Fined $125M for Investor Fraud
The SEC says the electric vehicle maker misled investors about key aspects of its business, including its technology and a partnership with General Motors.
By
Matthew Heller
| December 21, 2021
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Sustainability
Biden Orders Federal Carbon-Free Push
The White House plan sets a 2050 target date for the federal government to be carbon-neutral, with an all-electric vehicle fleet by 2035.
By
Matthew Heller
| December 8, 2021
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Supply Chain
Why Tesla Appears to Be Feeling the Pinch Of Supply Chain Constraints
Fourth-quarter production numbers may show whether the impact will stretch beyond new models and begin to hurt the production of existing models.
By
Vincent Ryan
| November 15, 2021
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IPOs
Rivian to Raise $11.9B From Mega-IPO
The startup's valuation "highlights the belief on Wall Street that the fast-growing electric vehicle market is still a wide-open field."
By
Matthew Heller
| November 10, 2021
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Credit & Capital
Ford to Repurchase $5B in High-Yield Bonds
“We think it’s the time to aggressively restructure the balance sheet, lower our interest costs, and really clear the decks for 2022 and beyond."
By
Matthew Heller
| November 4, 2021
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Predictive Analytics
CFO Q&A: Power Surge
Charging network company Volta lays a foundation for the mass adoption of all-electric vehicles.
By
Vincent Ryan
| August 4, 2021
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Financial Performance
Tesla Beats $1B, Posts Record Profit in Q2
Tesla was profitable without regulatory credits, which it sells to rival automakers, for the first time since the end of 2019.
By
Matthew Heller
| July 27, 2021
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Strategy
GM Anticipates Up to $3B Hit from Chip Shortage, Inflation
At the same time, the automaker raised its planned spending on electric and autonomous vehicles to $35 billion through 2025.
By
Lauren Muskett
| June 17, 2021
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Risk & Compliance
EV Startup Faces SEC Investigation
The investigation follows a string of executive departures and the loss of a key automotive deal.
By
Lauren Muskett
| May 18, 2021
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Technology
Italian Watchdog Fines Google in Antitrust Case
The Italian Competition Authority said Google abused its dominant market position by excluding a third-party app from Android Auto.
By
Matthew Heller
| May 13, 2021
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M&A
Lordstown Motors Responds to Short Seller
A Hindenburg Research report alleged that the truckmaker's product orders "appear largely fictitious and [are] used as a prop to raise capital."
By
Vincent Ryan
| March 12, 2021
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Risk & Compliance
How the Biden Administration Could Benefit EV Players in the U.S.
The incoming administration's focus on environmental issues and reducing the domestic carbon footprint will likely have a dramatic impact, says one analyst.
By
Vincent Ryan
| November 24, 2020
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Risk & Compliance
Feds Subpoena Nikola as Part of Fraud Probe
The electric vehicle maker has been under scrutiny since a short-seller accused it of misleading investors about its technology.
By
Matthew Heller
| November 11, 2020
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People
GM Names Delta Executive Paul Jacobson as CFO
“Jacobson is an important hire for GM as it enters into new ventures and continues to restructure its business operations toward all-electric vehicles."
By
Matthew Heller
| November 2, 2020
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