CFO

Syria Is Burning, but Still a Better Place to Invest Than Greece

Syria's ongoing civil war has claimed more than 28,000 lives, left 1.5 million people homeless, and sent 500,000 Syrians into exile. But as far as CFOs are concerned, it's still a better place for foreign investment than debt-battered, austerity-riven Greece.

Carlyle Group CFO Leaves Company as It Plans IPO

Peter Nachtwey, CFO of Carlyle Group, is leaving the private equity company as it plans an IPO. "Pete decided to pursue a great new opportunity for him, which we understand will be announced soon," Carlyle spokesman Christopher Ullman said, according to Bloomberg News. "We thank him for his service to Carlyle and wish him continued success."

Walgreen CFO Charged with Drunk Driving ... Again

Walgreen Chief Financial Officer Wade Miquelon was arrested on drunk driving charges last month -- his second such arrest in a little more than a year. The drugstore chain calls it a personal matter, but when it comes to executives, when does personal irresponsibility become a corporate problem?

Fraud Files: When 'Immaterial' Errors Hide Real Problems

When companies use the word "immaterial" to describe errors or irregularities in their previously reported numbers, what they're trying to say is that their mistakes involved such small amounts that they don't really matter. Too often, though, that's not really the case.

Verizon CFO John Killian to Retire at End of This Year

Verizon Communications (VZ) said that CFO John F. Killian will retire near the end of this year. No successor was named. Killian, 55, has been at the company for 31 years. He is retiring to spend more time with his family, the company said in a statement.

No Jobs Yet: Execs See Little Hiring Until Next Year

Chief financial officers at U.S. companies are increasingly pessimistic about the job market over the next six to 12 months: Results from two independent surveys say most firms don%u2019t plan to do any significant hiring until 2011 or beyond.