Campbell’s Names Todd Cunfer as Chief Financial Officer
The Campbell’s Company announced the appointment of Todd Cunfer as Executive Vice President and Chief Financial Officer. Cunfer will report to President and CEO Mick Beekhuizen and become a Member of the company’s Operating Committee and Executive Officer team. Beekhuizen stated, “With more than two decades of food industry experience, he brings the expertise and perspective we need at this moment...
PepsiCo Appoints Steve Schmitt as its New Chief Financial Officer
PepsiCo has appointed Steve Schmitt as Executive Vice President and Chief Financial Officer, effective November 10, 2025, following the planned retirement of Jamie Caulfield after more than 30 years with the company. Caulfield will remain CFO until Schmitt assumes the role and will serve in an advisory capacity through May 15, 2026, assisting with the transition...
Influx of Retirement Funds Could Drive Daily Pricing in Private Markets
KKR’s Head of Client Services, Eric Mogelof, has warned that an influx of retirement money into private markets could push asset managers to calculate portfolio values with unprecedented frequency. Private equity assets, traditionally reserved for institutional investors, are usually locked up with valuations determined monthly or quarterly...
BillionToOne Files for U.S. IPO to Raise $100M
BillionToOne, a molecular diagnostics company specializing in prenatal and tumor testing, has submitted an IPO application to the U.S. Securities and Exchange Commission (SEC), planning to raise $100 million. Founded in 2016 and headquartered in Menlo Park, California, the company develops diagnostic products using its single-molecule next-generation sequencing platform...
PwC Launches The Human Skills Project to Build Workforce Resilience and...
PwC has unveiled The Human Skills Project, a three-year initiative designed to strengthen the skills that help people and communities thrive alongside rapid advances in technology. The firm aims to contribute 1 million service hours and reach 250,000 learners through mentoring, volunteering, and community programs focused on empathy, creativity, and collaboration...
Fifth Third Buys Comerica in $10.9B All-Stock Deal
Fifth Third Bancorp announced that it has signed a definitive agreement to acquire Comerica Incorporated in an all-stock deal valued at approximately $10.9 billion. The transaction will create the 9th largest U.S. bank with roughly $288 billion in assets and is expected to be immediately accretive to shareholders while delivering peer-leading efficiency and profitability metrics...
OpenText Names Steve Rai as Executive Vice President and Chief Financial...
OpenText Corporation has appointed Steve Rai as Executive Vice President and Chief Financial Officer. Rai, who brings over 30 years of international finance experience, joins the company from BlackBerry Limited, where he served as CFO and led major financial and operational transformations during the firm’s restructuring...
Stellantis Appoints Joao Laranjo as Chief Financial Officer
Stellantis N.V. has appointed Joao Laranjo as Chief Financial Officer, succeeding Doug Ostermann. With more than two decades of experience in finance, auditing, and the automotive sector, Laranjo brings strong expertise in financial strategy, planning, and operational management across diverse markets...
Private Markets Expansion Drives Steep Rise in Data Costs, Substantive Research...
Substantive Research has reported a sharp escalation in market data costs as private credit and leveraged finance markets continue to expand rapidly. The firm’s latest market data pricing study, which now benchmarks 41 vendors, a 95% increase from 2024, shows that private markets, particularly private credit with over $3 trillion in assets under management, are fueling a surge in demand for accurate and transparent data...
SEC Approves Texas Stock Exchange as First New U.S. Market in...
The U.S. Securities and Exchange Commission has approved the Texas Stock Exchange (TXSE) as a national securities exchange, marking the first fully integrated U.S. exchange in decades and the only one headquartered in Texas. Founded by James H. Lee, TXSE aims to offer trading services, corporate listings, and exchange-traded products (ETPs) starting in 2026...
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Hertz Appoints Scott M. Haralson as Chief Financial Officer
Hertz Global Holdings, a prominent global rental car company, has announced the appointment of Scott M. Haralson as Chief Financial Officer. "His deep expertise in financial management and leveraging the capital markets to drive business transformation will be invaluable to Hertz as we rotate our fleet, deliver operational excellence, build greater cost discipline and undertake other key initiatives to improve our financial performance", stated Hertz CEO Gil West...
Navan Appoints Amy Butte as Chief Financial Officer
Navan, the comprehensive super app simplifying travel and expense management, announced the appointment of Amy Butte as Chief Financial Officer effective June, 2024. Butte, who joined Navan's Board of Directors in April 2024, has resigned from her role as Audit Committee Chair to assume this executive position...