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CFOs On the Move: Week Ending July 1
McDonald’s, Dollar Tree, GoFundMe, Stride, Otis, Intrusion, Monogram Health, Mass Luminosity
By
Lauren Muskett
| July 1, 2022
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Technology
Xerox Bows to Virus, Drops HP Takeover Fight
The market values of both companies have declined since the coronavirus pandemic intensified.
By
Matthew Heller
| April 1, 2020
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Strategy
HP to Shed up to 9,000 Jobs in Restructuring
The company is regrouping as it faces a decline in the printing business that was once its biggest moneymaker.
By
Matthew Heller
| October 4, 2019
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Technology
HP to Acquire Samsung Printer Unit for $1B
With the deal, HP is hoping to boost its profile in multifunction printers for businesses amid shrinking consumer demand.
By
Matthew Heller
| September 12, 2016
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Technology
Chinese Group to Acquire Lexmark for $3.6B
The printer company had been exploring strategic alternatives as it struggled with the digitalization of the workplace.
By
Katie Kuehner-Hebert
| April 21, 2016
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Technology
HP Sales Down on Weak Printer, PC Revenue
The company plans to lay off 3,000 workers this year, producing $300 million in savings by 2017.
By
Katie Kuehner-Hebert
| February 25, 2016
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Turnarounds
Lexmark Cuts Jobs, Explores Alternatives
Some positions are being moved to low-cost countries and Lexmark expects to generate about $67 million in savings in 2016 and more in subsequent years.
By
Matthew Heller
| February 23, 2016
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Technology
HP Earnings Signal Challenges Ahead of Breakup
PC revenues fell 13% and printer revenue was down 9% in the second quarter.
By
Matthew Heller
| August 21, 2015
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Technology
The CFO’s Role in Business Transformation
The CFO of Ricoh Americas analyzes the business transformation of the company as it changes its identity from a hardware supplier to a services provider.
By
Gary Crowe
| August 11, 2015
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