And, small molecule pharmaceutical developer Myrexis ( MYRX) said its board has appointed interim CEO and CFO Robert Lollini to take the CEO post permanently.
And because the structure carries compensation-related consequences, both the CEO and CFO need to champion it.
And to protest the new strategy, Recovery's CEO and CFO resigned, urging Recovery to file for bankruptcy.
With that in mind, the CEO and CFO should have been more clear about the nature of the payments.
And make sure to get buy-in from the stakeholders, such as the CIO, CEO, CFO, and the board of directors.
You are the CEO, CFO, and every other capital letter combination there is, as well as middle management and the hourly help.
My own bank CEO and CFO told me it was the most hostile banking environment that they had operated in their lifetimes.
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After presenting a detailed transition plan, both the CEO and CFO trusted that he was committed to a smooth changeover and were able to wish him well.
In particular, the Department of Justice could bring Sarbanes-Oxley Section 302 claims against the Lehman CEO and CFO who signed their annual and quarterly internal control certifications.
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Senior executive positions like CEO, CFO, CHRO, etc.
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"Every CEO, CFO and legal counsel in America who is involved with a company that has been backdating stock options ought to be quaking at the moment, " says Robert Howell, a finance professor at Dartmouth.
In February, Royal Dutch Shell announced that it was freezing executive pay for its top executives (CEO and CFO) and going forward would include sustainable development as a significant part of its performance-based bonuses.
Faithful readers of Faces In The News remember the former CEO and CFO team already face racketeering charges lodged last year by New York prosecutors, who also pressed lesser charges against former Tyco general counsel Mark Belnick .
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Dear CIO: For the past couple of years, your CEO and CFO have been threatening to bring down the sky unless you and your team began rebalancing the ratio of IT spending away from costly and low-value infrastructure and legacy baggage and toward customer-facing growth opportunities.
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Or, it may lead to the conclusion that the available dollars are better spent in tracking carbon through the supply chain (or that we need to go back and ask the CEO and CFO for more money to get an accurate view of our carbon footprint across both internal operations and the supply chain and how they affect each other).
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Here the alleged rogue employees included the chairman of the board, the CEO and the CFO.
At Nomura, analysts confirmed their bullish ratings after meeting with Citi CEO Vikram Pandit and CFO Jon Gerspach a few weeks ago.
The earnings call is underway, with CEO Larry Page, CFO Patrick Pichette, and senior VP and Chief Business Officer Nikesh Arora.
Sales are slow, margins are low, and, in April, the company fired CEO Frank Dunn , CFO Douglas Beatty and controller Michael Gollogly .
And earlier this week an analyst group was scheduled to visit with management in Seattle and CEO Erik Prusch and CFO Hope Cochran were suddenly unavailable for the meetings.
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The Plano, Texas, company had reported before the market opened on the past two occasions, with each followed by detailed remarks from new CEO Ron Johnson and CFO Ken Hannah at a Manhattan meeting for analysts and investors.
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Bank of AmericaState Attorney General of New York Andrew Cuomo filed a civil complaint against the country's biggest bank, Bank of America, and its former CEO Kenneth Lewis and CFO Joe Price, for fraudulently misleading the United States government as well as its shareholders.
According the Bay Citizen story, Zynga CEO Mark Pincus and CFO David Wehner told Mayor Edwin Lee that unless they get the tax break, they will turn their 270, 000 square foot office into a call center and move their corporate offices and programmers to the Valley.
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It would be very unusual to have a CEO leave soon after a CFO departure.
The SEC announced that it would pursue charges against Lay, former CEO Jeffrey Skilling, CFO Andrew Fastow and other high-ranking employees.
This raises questions about internal confrontations between subordinates and the CFO, between the CFO and the CEO, and between employees related to other frauds.
It was in 2005 that Attorney General Eliot Spitzer sued both AIG and recently departed CEO Hank Greenberg and his CFO, Howard Smith, charging reinsurance fraud among other things.
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