5 Stories

Ex-CFO Who Slammed Chick-fil-A Lives on Food Stamps

Adam Smith is emotional, apologetic about his video

(Newser) - Things haven't gone too well for the former CFO who criticized Chick-fil-A in a video he posted on YouTube . Unable to find lasting work, 37-year-old Adam Smith is living on food stamps with his wife and four kids in the RV they call home, he tells ABC News . "... More »

Freddie Mac CFO Found Dead in Apparent Suicide

(Newser) - Acting Freddie Mac CFO David Kellerman was found dead this morning in what appears to have been a suicide, the Washington Post reports. Kellerman, 41, joined Freddie Mac as an analyst in 1992. He was promoted to CFO when the government took over Freddie last fall, but the company, which... More »

Ford CFO Says He'll Step Down

Longtime exec retires after grabbing timely loan ahead of crisis

(Newser) - Ford CFO Don Leclair will retire at the end of the month after 32 years with the company, the struggling automaker said today. Leclair has drawn praise for snagging $25 billion in loans for the company before the credit markets dried up, a move that may ensure Ford’s survival... More »

Comcast to Pay Founder After Death

Heirs will receive paychecks for 5 years; wife gets benefits for life

(Newser) - Death won't stop Comcast's founder from being paid: A deal signed last week ensures that his heirs will receive checks for five years after Ralph J. Roberts, 87, dies, the AP reports. They will also get unpaid funds from his annual performance-based bonus, and his wife will receive health and... More »

Danone Swallows Up Numico

Paris-based company spits up $16.8B for big-boy serving of baby food market

(Newser) - French food corp Groupe Danone put in a $16.8B cash offer to buy baby food magnate Royal Numico—at just under $75 a share, a 38% premium over last week's closing price. The acquisition will make Danone an industry leader in the baby food market and should be finalized... More »

5 Stories