CFOs On the Move: Week Ending July 31

Debi Chirichella

Hearst named Debi Chirichella as interim president of its journal team. Chirichella has been the journal group’s finance main because 2011. She will take in excess of for Troy Young, who resigned just after allegations of workplace misconduct. Young grew to become president of the journal team in 2018. Right before that, he led the company’s digital functions for five years. Right before becoming a member of Hearst, Chirichella invested seven years at rival Condé Nast, where by she served in various govt positions, such as main functioning officer at Condé Nast Electronic, COO of the Fairchild Style

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How CFOs Can Push Past Fear to Resilience and Resurgence

As COVID-19 took maintain of the global financial system, most CFOs went straight into crisis management manner.  The focus was vigilant monitoring of cash balances and running several state of affairs strategies to guarantee adequate liquidity in the shorter term. Now, a several months into the pandemic and ensuing economic uncertainty, it is time to start shifting our focus past fear and reactive cash-conservation tactics to resilience and, ultimately, to resurgence.

Below are 7 ways to help you and your group make the changeover.

Maintain your gross margins.
  • Whilst it can be tempting to cut charges to obtain quantity, protecting 
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CFOs On the Move: Week Ending July 10

Kristina Salen

Kristina Salen will turn into finance main at World Wrestling Entertainment (WWE) on August 3. Salen served as the 1st CFO of on the web marketplace Etsy, exactly where she grew the organization from $895 million in gross revenue to $3 billion in four yrs and led and executed the company’s IPO. Salen beforehand held CFO and COO roles at Moda Operandi and Translation Enterprises/United Masters, and managed global media and telecom cash with Fidelity Investments. Before in her profession, she served in fiscal analyst positions with Oppenheimer Capital, Merrill Lynch Investment decision Professionals, and Lazard

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CFOs On the Move: Week Ending June 19

Sonia Jain

Cars and has appointed Sonia Jain as finance main, successful July 6. Jain joins the firm from the online video rental and streaming firm Redbox where by she served as CFO. Prior to Redbox, Sonia was vice president of finance and treasurer with Outerwall. She was beforehand an expense banker at Morgan Stanley and a advisor at McKinsey & Co. Jain normally takes about for Jandy Tomy, who has served as interim CFO considering the fact that January. Tomy will resume her treasurer posture as nicely as other finance tasks for the firm.

D. Anthony Scaglione will

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Judge Rules Huawei CFO’s Extradition Case Can Go Forward

A decide in Canada has dominated that the U.S. extradition situation in opposition to senior Huawei Technologies executive Meng Wanzhou can proceed since the allegations in opposition to Meng constitutes a crime in Canada.

Meng, the daughter of Huawei’s founder Ren Zhengfei and main economical officer of the firm, was arrested in December 2018 at Vancouver Global Airport. She was indicted in January 2019 amid allegations that a Huawei-affiliated firm, Skycom Tech, offered telecommunications devices to Iran in violation of U.S. sanctions.

Meng was also accused of fraud for misrepresenting Huawei’s enterprise in Iran to the U.S. government and many

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