Premium
Ginkgo Bioworks Appoints Steven Coen as Chief Financial Officer
Ginkgo Bioworks announced that its Chief Financial Officer, Mark Dmytruk, will step down from his role to pursue an opportunity at another organization. Steven Coen, the current Chief Accounting Officer, will assume the role of CFO effective upon Dmytruk’s departure. Coen joined Ginkgo on May 1, 2023, bringing over 30 years of experience in public accounting and corporate finance...
Premium
Gartner Urges CFOs to Shift from Guardians to Catalysts Amid Uncertainty...
CFOs must rethink their traditional identity to effectively address complex financial challenges and drive sustainable growth, according to Gartner, Inc. Speaking at the Gartner CFO & Finance Executive Conference 2025 in National Harbor, analysts Mallory Bulman and Clement Christensen emphasized the need for finance leaders to shift from the conventional "Guardian CFO" persona to a more forward-focused "Catalyst CFO" approach...
Premium
McKinsey’s 2025 Private Markets Report Highlights Resilience Amid Mixed 2024 Conditions
McKinsey’s Global Private Markets Review 2025 highlights a mixed year for private markets in 2024, with fundraising declining across all major asset classes. Private equity fundraising dropped 24%, while real estate fundraising reached its lowest level since 2012. Despite this, capital deployment grew by double digits, supported by a more stable financing environment that encouraged increased deal activity...
Premium
Hinge Health Announces Launch of Initial Public Offering
Hinge Health announced the launch of its initial public offering of Class A common stock. The company filed a registration statement with the U.S. Securities and Exchange Commission to offer a total of 13,666,000 shares, with 8,522,528 offered by Hinge Health and 5,143,472 by certain selling stockholders. The selling stockholders may also grant underwriters a 30-day option to purchase up to an additional 2,049,900 shares...
Premium
U.S. Banks Hoard Cash Amid Sluggish Loan Growth in Q1 2025
U.S. commercial banks reported significant balance sheet growth in the first quarter of 2025, with total assets reaching $24.54 trillion, a $436.88 billion increase from year-end 2024, the highest level in a decade. However, this expansion did not translate into strong loan growth. Only 14.2% of the asset increase went into lending, with total loans rising just 0.5% on aggregate...
Premium
HCLFoundation Expands Grant Funding to Strengthen Water and Biodiversity Efforts in...
HCLTech, through its HCLFoundation, has significantly increased its commitment to rural development with a 45% increase in the annual outlay for its HCLTech Grant initiative. The new ₹24 crore funding aims to support innovative projects by NGOs across India, with a focus on critical water sustainability and biodiversity conservation...
Premium
Mattel Names Paul Ruh as CFO to Support Strategic Growth
Mattel has appointed Paul Ruh as Chief Financial Officer, following the retirement of Anthony DiSilvestro. Ruh will report directly to Ynon Kreiz, Chairman and CEO of Mattel. With over three decades of experience in finance, Ruh brings a strong background in managing and growing consumer brands. He most recently served as CFO at Kenvue, where he played a central role in the company’s separation from Johnson & Johnson and its public debut...
Premium
ConocoPhillips CFO Bill Bullock to Retire; Andy O’Brien Named Successor
ConocoPhillips has announced the upcoming retirement of W.L. (Bill) Bullock, Executive Vice President and Chief Financial Officer, effective June 1, 2025. After 39 years with the company, Bullock will be succeeded by Andy O’Brien, who currently serves as Senior Vice President of Strategy, Commercial, Sustainability, and Technology. O’Brien will assume the CFO responsibilities while maintaining his current roles...
Premium
Empower Expands Retirement Plan Access to Private Market Investments
Empower, the retirement services provider in the U.S., has launched a new initiative to include private market investments in defined contribution retirement plans. In partnership with leading firms such as Apollo, Franklin Templeton, Goldman Sachs, and PIMCO, the program allows participants to invest in private equity, private credit, and private real estate through collective investment trusts (CITs)...
Premium
Kenvue Appoints Amit Banati as CFO
Kenvue has appointed Amit Banati as its new Chief Financial Officer, following a comprehensive search process. Banati will oversee the company’s Finance and Strategy functions, taking over from Paul Ruh, who will remain briefly to support a smooth transition. With more than 30 years of experience in the consumer products sector, Banati brings a strong record of delivering profitable growth and managing large-scale business transformations...
Popular Articles
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...