Nov 22, 2024 · Ken Cook | Wendy's . Fast-food chain Wendy's hired Ken Cook as finance chief, effective Dec. 2. For the last 20 years, Cook has worked at United Parcel Service, most recently as head of FP&A. In earlier roles at UPS, he was chief financial officer for its U.S. Domestic segment, held leadership roles in investor relations and treasury and spent more than three years as the CFO of South Asia.

Jan 23, 2024 · Archer Daniels Midland (ADM) announced it has placed its CFO, Vikram Luthar, under administrative leave, effective immediately, following an investigation into the food processing company’s accounting practices. Ismael Roig, who has served at the company for the past five years, most recently as president of Europe, Middle East, and Africa (EMEA), has been named interim CFO amid the ...

Oct 8, 2024 · This challenge will intensify as the workforce evolves, with a new generation of finance leaders stepping in. FEI reports that 64% of millennial finance professionals prefer specialized financial software over traditional spreadsheets for tasks like budgeting, forecasting, and analytics. The real challenge isn't just the limitations of spreadsheets — it's about transforming your ability to ...

Jan 3, 2025 · The company’s CFO and co-founder, Jeff Klimkowski, who was an investment banker before forming DUDE Wipes with his roommates, has been proactive in keeping the finance function flexible. With lots of confidence and momentum going into 2025, Klimkowski and his team aim to better leverage data in 2025 and address evolving consumer demands, retailer relationships, assortment configurations and ...

May 1, 2024 · Chemours announced its CFO Jonathan Lock has resigned from all positions within the company, according to an SEC 8-K filing on April 23. The resignation comes in the aftermath of the company announcing that Lock, former CEO Mark Newman, and principal accounting officer Camela Wisel, had been placed on administrative leave and were found to have engaged in unethical financial practices.

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Sep 5, 2024 · Welcome to The 6 a.m. CFO, where finance chiefs share how they jump-start their days and engage with the tasks that are in front of them. Today, Workday’s CFO, Zane Rowe, shares his morning routine, the concept of a personal “board of directors” and his favorite app.

Jul 8, 2020 · It has been years since businesses filed for Chapter 11 bankruptcy protection at the pace they are today. According to data from Epiq Systems, commercial Chapter 11 filings were up 48% in May compared with one year ago, with a total of 724 new petitions.

Oct 18, 2024 · John R. Tyson, the former CFO of Tyson Foods and fourth-generation heir to the company, was found guilty of driving while intoxicated and careless driving in Arkansas on Oct. 17. Tyson was fined less than $1,000 and ordered to complete 32 hours of community service, according to a district court docket.A 90-day jail sentence was suspended. Tyson was initially suspended as CFO after a June ...

Sep 18, 2024 · The American Institute of CPAs (AICPA) and the National Association of State Boards of Accountancy (NASBA) proposed a “competency-driven experience pathway” to CPA licensure to address a growing talent shortage impacting finance teams across industries. The proposal tries to address concerns over the 150-credit hour requirement, a factor that has been criticized as a deterrent to young ...