CFO – News Stories About CFO - Page 1

Former Trump CFO Pleads Guilty to Perjury

UPDATED

Apr 10, 2024 8:59 AM CDT

Former Trump CFO Gets Second Jail Term

Allen Weisselberg will serve 5 months in prison for perjury in his boss' civil fraud trial

(Newser) - Allen Weisselberg, a retired executive in Donald Trump's real estate empire, received his expected sentence of five months in jail Wednesday for lying under oath during the civil fraud lawsuit brought against Trump in New York. Weisselberg pleaded guilty last month to two counts of perjury in connection with...

Bed Bath & Beyond's CFO Dies
in Fall From Skyscraper

Sep 4, 2022 3:30 PM CDT

Bed Bath & Beyond's CFO Dies in Fall From Skyscraper

Gustavo Arnal had detailed troubled company's cutbacks Wednesday to investors

(Newser) - The chief financial officer of the embattled retail chain Bed Bath & Beyond died Friday in what New York City police said seems to have been a suicide. The body of Gustavo Arnal, 52, was found near the skyscraper where he lived, the New York Times reports, and police said...

Moderna Ousts Exec After One Day, Will Pay Him $700K

Moderna's New CFO Was
Ousted After One Day

May 12, 2022 1:57 PM CDT

Moderna's New CFO Was Ousted After One Day

Jorge Gomez will get $700K severance package

(Newser) - Moderna says David Meline, its former finance chief, will be returning to the role after an extremely short retirement. His successor, Jorge Gomez, became the vaccine maker's chief financial officer on Monday. He left the company on Tuesday after his former employer, dental products maker Dentsply Sirona, disclosed that...

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

Mar 28, 2015 2:08 PM CDT

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 . "...

Freddie Mac CFO Found Dead in Apparent Suicide

Apr 22, 2009 8:16 AM CDT

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...

Ford CFO
Says He'll
Step Down

Oct 10, 2008 12:41 PM CDT

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...

Comcast to
Pay Founder
After Death

Dec 29, 2007 12:17 PM CST

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...

Danone Swallows Up Numico

Jul 9, 2007 5:41 PM CDT

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...