There was talk of his stepping down from the CFO role in early October.

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An Oracle announcement on Monday declared the resignation of Jeff Epstein and the induction of President Safra Catz to the CFO role, with immediate effect.

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Krawcheck was said to have been unhappy in her role as CFO in recent months, taking flak from investors and analysts for the flailing financial performance of Citi.

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As pressure has mounted to extract shareholder value and keep costs in check, so the strategic role of the CFO has increased in importance.

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Square named CFO Sarah Friar to fill the COO role on an interim basis.

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She became Chase's CFO in 1998 and now serves that same role in the combined company.

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Although not believing Patel's skill-set is right for the changing role of the company's CFO, Synesael noted Level 3's interest in keeping him on indicates its satisfaction with his performance over the last two years.

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Ramsay skipped the personal attacks on Fastow's role as paterfamilias, focusing on the ex-CFO's relations with Lay--who also founded the energy giant.

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He was initially the Chief Financial Officer (CFO) of the company's German mobile subsidiary, later assuming the role of Chief Executive Officer before becoming the Chief Sales and Service Officer of the company's European mobile operations.

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