Champion Homes Q3 2026 Earnings Reveal $660M Cash, CFO Shift to David McKinstray
Champion Homes reported $657 million in net sales for Q3 2026, a 2% rise, while net income fell 12% to $54 million. The quarter marked the transition from longtime CFO Laurie Hough to David McKinstray, who outlined a new capital‑structure and treasury strategy focused on liquidity and share‑repurchase flexibility.
Highland Copper – Peter Hemstead
Highland Copper Co. Inc announced a series of senior appointments aimed at strengthening its upcoming Copperwood project. Trace Arlaud was named project director, bringing extensive mining development experience. Peter Hemstead will serve as interim chief financial officer while current CFO...
CFO Corner: Asha Bakshani, Lightspeed Commerce
Asha Bakshani, CFO of Lightspeed Commerce since April 2022, guided the Montreal‑based SaaS firm through its 2019 IPO on the Toronto Stock Exchange, cementing a public‑market presence. She emphasizes three finance priorities—strategy and capital allocation, investor relations, and executive partnership—to...
Champion Homes CFO Transition Spotlights $660 M Cash Reserve and $50 M Share Repurchase
Champion Homes reported Q3 2026 net sales of $657 million and net income of $54 million while appointing David McKinstray as its new CFO. Outgoing CFO Laurie Hough and the finance team highlighted a $660 million cash pile, a $50 million share repurchase and...
Exclusive: Pocket FM CFO Anurag Sharma Steps Down
Pocket FM’s chief financial officer, Anurag Sharma, will depart the company after serving less than a year in the role, citing a desire to explore entrepreneurial opportunities. Sharma, who was promoted from VP‑Finance in July 2023, previously worked at Ninjacart,...
FinVolution Q1 2026 Results and $150 Million Share Buyback Signal Capital Discipline
FinVolution Group posted Q1 2026 net revenue of $465 million and net profit of $61 million, then announced a $150 million, two‑year share repurchase program. The moves highlight the CFO’s role in balancing growth, cost discipline and shareholder returns as the firm navigates...
Dye & Durham Installs Steve Waszak as Interim CFO, Names Mary Filippelli Board Chair
Dye & Durham Limited announced Steve Waszak as interim chief financial officer, replacing Sandra Bell, while veteran director Mary Filippelli was named chair of the board. The stock rose 1.92% to C$2.91 (≈$2.15) as the company continues its search for...
Hitachi Payment Services Appoints Adarsh Dikshith as CFO to Accelerate FinTech Growth
Hitachi Payment Services Pvt Ltd announced the appointment of Adarsh Dikshith as chief financial officer. The veteran finance executive brings more than 25 years of experience across SaaS, AI, and payments, positioning the subsidiary for accelerated growth in digital financial...
Axxela Names Moshood Olajide CEO and Yetunde Demuren CFO as Founder Retires
Axxela Limited said its long‑time Group Chief Executive Officer Timothy Ononiwu will retire after nearly ten years, and the board has installed Moshood Olajide as the new GCEO and promoted Yetunde Demuren to CFO. The moves aim to sustain the...
UAMS Posts $16.7 Million Profit, Reverses $15.9 Million Loss in FY24
The University of Arkansas for Medical Sciences (UAMS) posted a $16.7 million profit through April, flipping a $15.9 million loss from the same period last year. CFO Amanda George credited rising clinic visits, surgical cases and transfer rates, while Chancellor C. Lowry...
Lowe's Q1 2026 Sales Edge Up 0.6% as DIY Spending Slumps, CFO Warns Margin Pressure
Lowe's posted a 0.6% rise in comparable sales for Q1 2026 while transaction counts slipped 0.9%, reflecting a shift from big‑ticket DIY projects to smaller repairs. CFO Brandon Sink flagged the trend as a margin‑stress risk, and CEO Marvin Ellison...
EPB Names Mike Kaiser CFO as Greg Eaves Retires After 22 Years
EPB announced that longtime finance chief Greg Eaves will retire on June 1 after 22 years, and vice‑president of finance Mike Kaiser will succeed him as chief financial officer. The transition caps a period in which Eaves helped fund the utility’s...
Manulife Hong Kong & Macau Elevates CFO Wilton Kee to Deputy CEO
Manulife Hong Kong & Macau announced that its 13‑year veteran CFO, Wilton Kee, will also serve as Deputy CEO, expanding his remit beyond finance. The move underscores the insurer’s strategy to blend financial discipline with broader operational leadership.
Sonoco Products' Accounting Chief Resigns, CFO Takes Interim Role Amid Stock Gains
Sonoco Products announced the resignation of its chief accounting officer, with the chief financial officer stepping in on an interim basis. The move comes as the stock trades at $49.37, up 5.7% over the past week and 11.3% year‑to‑date, prompting...
Shemaroo Entertainment Names Ashish Gupta CFO to Drive Finance Turnaround
Shemaroo Entertainment announced the appointment of Ashish Gupta as its new chief financial officer, replacing long‑time CFO Amit Haria. Gupta brings 24 years of cross‑industry finance leadership to steer a turnaround of the media company's balance sheet and growth strategy.
Texas Roadhouse Raises Prices 1.9% as CFO Reports 6.5% Sales Growth
Texas Roadhouse quietly increased menu prices by 1.9% and its CFO, Mike Lenihan, reported a 6.5% rise in comparable sales. The move highlights the chain’s ability to pass inflation costs to diners while maintaining strong traffic and check size.
Portillo’s Names PF Smith Consulting Interim CFO, Pays $14,000 Weekly
Portillo’s Inc. appointed Pamela Smith of PF Smith Consulting as interim chief financial officer on May 20, 2026, under a contract that pays $14,000 per week and runs through July 1, 2026 unless extended. The board launched a global search...
Amgen Names Former Exec Thomas Dittrich CFO as Peter Griffith Retires
Amgen said CFO Peter Griffith will retire on Sept. 1, 2026, and former executive Thomas Dittrich will take over the role. The transition includes a $12.5 million cash and bonus package and comes as the biotech firm pushes a $650 million expansion at its...
Probe Flags Governance Failures at $630B CalPERS, Urges Inspector General
An independent forensic probe of CalPERS, the nation’s largest public pension, uncovered chronic underperformance, excessive fees and governance lapses. The 255‑page report, commissioned by retirees, recommends creating an inspector general with subpoena power to oversee the $630 billion fund.
ESENTIA Raises $2 Billion via Investment‑Grade Bond, Secures Triple‑Agency Ratings
ESENTIA Energy Development closed a $2 bn senior unsecured bond offering, oversubscribed 4.5 times, and earned Baa3/BBB– ratings from Moody’s, S&P and Fitch. The proceeds retire $2.1 bn of project‑level debt and fund a new $600 m revolving credit facility, marking the Mexican...
GameStop Board Seeks Shareholder OK for Up to 400% Dilution
GameStop's board of directors has filed a Schedule 14A asking shareholders to approve an amendment that would increase authorized shares from 448.38 million to as many as 2.5 billion, a potential 400% dilution. The proposal, tied to a performance‑based CEO award and future...
OneStream Unveils Forward Finance Blueprint to Accelerate AI‑Driven CFO Strategies
OneStream introduced the Forward Finance Blueprint, a vendor‑driven framework that equips CFOs with AI‑enabled budgeting, forecasting and finance modernization tools. The playbook, built on five core dimensions, aims to turn AI potential into measurable business outcomes for its 1,800‑plus customers,...
Skillsoft Hires Ron Kisling as CFO Amid Global Knowledge Sale
Skillsoft announced the immediate appointment of Ron Kisling as chief financial officer as the company moves forward with the sale of its Global Knowledge business. The hire is positioned as a catalyst for tighter financial control and accelerated growth in...
L.B. Foster Elevates William Thalman to COO and Names Sean Reilly New CFO Amid Growth Push
L.B. Foster Company named William Thalman, 59, as chief operating officer and promoted Sean Reilly, 53, to chief financial officer effective June 1, 2026. The moves come after the firm posted $160.4 million in Q4 2025 sales and $121.1 million in Q1...
Willamette Valley Vineyards Appoints John Hazlett as CFO Amid 10% Stock Drop
Willamette Valley Vineyards announced John Hazlett as its new chief financial officer, effective immediately. The appointment follows a 10.45% decline in WVVI's Nasdaq price to $2.59, and replaces retiring CFO John Ferry. Hazlett brings more than 20 years of senior...
Climeworks Hires Veteran CFO Stéphan Truchot to Steer $1.1 Bn Financing Push
Climeworks announced that Stéphan Truchot will become chief financial officer on June 1, 2026, bringing a 25‑year finance pedigree that includes a €300 million equity raise and €750 million of debt financing at Amarenco. The hire signals the Swiss carbon‑removal firm’s push to...
Protective Life Names CFO Paul Wells CEO as Rich Bielen Announces 2026 Retirement
Protective Life Corp., a U.S. subsidiary of Daiichi Life Group, announced that CEO Rich Bielen will retire at the close of 2026 and that President and CFO Paul Wells will assume the chief executive role on Jan. 1 2027. The change follows...
Church Mutual Names Former Zurich Exec CFO
Church Mutual Insurance announced Daniel Kim as its new chief financial officer, succeeding Dewey Gantz. Kim joins from Zurich’s Cover‑More unit, where he oversaw performance and planning, and previously served as CFO of Zurich’s Japan property‑and‑casualty business. Gantz will transition...
CFOs On the Move: Week Ending May 22
The week ending May 22 saw a wave of CFO appointments and departures across diverse sectors. Amgen will bring back Thomas Dittrich as chief financial officer, while Thales names former Nissan finance chief Jérémie Papin to its CFO post. Rent the Runway’s CFO...
Google Commits $190 B to AI, Says CFO Ruth Porat at I/O
At the I/O developer conference, Google president and chief investment officer Ruth Porat detailed a $190 billion AI budget for 2026, allocating roughly 40% to data‑center expansion and 60% to custom chips. The pledge underscores a full‑stack strategy that CTOs must...
Ubisoft Targets New Assassin’s Creed, Far Cry, Ghost Recon Releases by 2029 Amid AI Push
Ubisoft announced that new entries in Assassin’s Creed, Far Cry and Ghost Recon will launch by March 2029, while it accelerates investment in a playable generative AI project called Teammates. The French publisher expects a stronger content pipeline in FY2027‑28...
Fuji Electric India Appoints S U Rajlakshmi as CFO, Boosting Finance Leadership
Fuji Electric India announced that S U Rajlakshmi will serve as its new chief financial officer. The veteran finance executive arrives with experience overseeing a $200 million captive centre at Hitachi Energy and a track record of financial transformation across industrial technology firms....
Siemens USA Names Mesut Eken CFO to Drive Growth in Its Largest Market
Siemens USA appointed Mesut Eken as chief financial officer, effective August 1, to steer financial strategy across its biggest market. The move underscores the firm’s focus on disciplined capital stewardship as it accelerates growth in American industry and infrastructure.
Taste Gourmet Group CFO Cheng Chin Wing Resigns, Fung Hoi Yan Named Successor
Taste Gourmet Group Ltd. announced that CFO Cheng Chin Wing will leave the role on May 28 to pursue other opportunities. The board appointed long‑time financial controller Fung Hoi Yan as his replacement, a move that coincides with a modest...
Edelman Financial Engines Names New CFO, Restructures Wealth Planning Team
Edelman Financial Engines (EFE) appointed Steve Gaven as chief financial officer effective June 1, succeeding Suzanne van Staveren. The firm also reorganized its wealth‑planning division into three senior‑leadership pillars—client experience, planner growth, and wealth strategy—appointing Ro Mehrotra, Jason Karmelek and Amin Dabit...
Warner Music COO, Armin Zerza: Music Is Under-Monetized, Under-Digitized, and Ripe for ‘Years of Productivity’
Warner Music COO Armin Zerza, former Activision Blizzard CFO, told the JPMorgan conference that music is under‑monetized and under‑digitized, with significant upside from AI and catalog exploitation. He noted that Warner’s catalog accounts for 65% of streaming revenue and yields...
InMode Appoints Moshik Itzkovich as CFO and Shlomo Nass as Chairman
InMode Ltd. announced that Moshik Itzkovich will serve as chief financial officer and Shlomo Nass will become chairman, effective immediately. The appointments replace Yair Malca and Michael Anghel, respectively, and come as the company’s shares ticked up marginally in pre‑market...
Kaya Names Brijesh Goyal Head of Finance to Drive New Quarter Strategy
Kaya announced that Brijesh Goyal will lead its finance function as Head of Finance, tasked with shaping the company's budgeting and forecasting for the new quarter. The move signals a strategic shift toward tighter cost control and data‑driven decision‑making at...
Philip Morris International Appoints Massimo Andolina as CFO, Effective Aug. 1
Philip Morris International named veteran executive Massimo Andolina as its new Group Chief Financial Officer, effective August 1, 2026. Andolina succeeds Emmanuel Babeau, who will stay on as strategic advisor through March 2027. The move underscores PMI’s focus on scaling its smoke‑free portfolio...
Skillsoft Appoints Ron Kisling as Chief Financial Officer
Skillsoft, an AI‑native skills management platform, announced the immediate appointment of Ron Kisling as its new chief financial officer. Kisling joins as the company advances its post‑sale transformation after agreeing to sell its Global Knowledge business to an Enduring Ventures...
CEC Entertainment Appoints Chris Monroe as EVP and CFO to Steer Growth
CEC Entertainment, the parent of Chuck E. Cheese and Peter Piper Pizza, announced Chris Monroe as its new executive vice president and chief financial officer. Monroe brings more than three decades of finance leadership in restaurants, aviation and defense, most recently as CFO...
Caleres Appoints Dan Karpel as Senior Vice President and CFO, Finalizing Interim Transition
Caleres announced that Dan Karpel, who served as interim CFO since January, is now the permanent senior vice president and chief financial officer. The move follows his return to the shoe company in October 2025 as chief accounting officer and...
Glacier Names Tunc Tezel as Group CFO to Drive Next Phase of Growth
Glacier has appointed Tunc Tezel as its new group chief financial officer, succeeding interim CFO Serkan Cagatay. Tezel brings more than two decades of finance leadership in consumer goods, positioning the ice‑cream maker for accelerated growth and deeper market penetration...
ConsumerDirect Appoints Gary Lu as CFO to Steer Next Growth Phase
ConsumerDirect Inc. announced the appointment of Gary Lu, CPA, as its chief financial officer. Lu brings more than two decades of finance, accounting, and operational experience from public companies, high‑growth fintechs, and Fortune 500 firms. The hire is positioned to support...
Philip Morris Appoints Insider as Group CFO
Philip Morris International named Massimo Andolina, its Europe president, as Group CFO effective Aug. 1, replacing Emmanuel Babeau after a six‑year tenure. Andolina brings 17 years of internal experience and prior roles at Tetra Pak, RJ Reynolds and Procter & Gamble, while Babeau will stay on as...
As Griffith Retires, Dittrich Returns to Amgen, Takes CFO Role
Amgen announced that long‑time executive Thomas Dittrich will rejoin the company as executive vice president on July 1 and assume the chief financial officer role on September 1, succeeding retiring CFO Peter Griffith. Dittrich previously served in various finance positions at Amgen...
Taste Gourmet Group Names Fung Hoi Yan CFO as Cheng Chin Wing Departs
Taste Gourmet Group Ltd. (8371.HK) said Chief Financial Officer Cheng Chin Wing will step down on May 28 to pursue other opportunities. The board appointed long‑time financial controller Fung Hoi Yan as his successor, a move that lifted the stock...
XP Inc. Names Gustavo Alejo CFO Effective Aug 2026
XP Inc. appointed veteran banker Gustavo Alejo as its chief financial officer, effective August 3, 2026, replacing long‑time CFO Victor Mansur. The transition will be overseen by CEO Thiago Maffra as interim CFO, ensuring continuity as XP accelerates its growth...
Inspired Pulls New CFO From Ranks
Inspired Entertainment announced the promotion of its vice‑president of finance, Craig Wilson, to chief financial officer effective May 14, 2026. Wilson, a 41‑year‑old with prior finance roles at Walgreens Boots and Charles River Laboratories, will replace James Richardson, who is exiting after...
Standard Chartered Names Manus Costello Permanent CFO Ahead of Strategy Update
Standard Chartered has confirmed Manus Costello as its permanent Group Chief Financial Officer, ending a months‑long interim period. The appointment comes just before the bank’s group strategy update and alongside the promotion of Tanuj Kapilashrami to Group COO, signaling a...