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Eli Lilly CFO resigns over misconduct in workplace

HR Digest

Anat Ashkenazi, previously senior vice president, controller and chief financial officer of Lilly Research Laboratories, has been named as his successor and will now be the next CFO. Smiley was appointed the CFO in 2018. billion in revenues, a 10% increase versus 2019 despite the pandemic. Ashkenazi joined Eli Lilly in 2001.

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Moderna CFO Exits A Day After Taking Charge With His Annual Pay

HR Digest

Moderna CFO Jorge Gomez had assumed the position just one day prior, almost a month after leaving a dental company. While Moderna looks for a replacement, his recently retired predecessor, David Meline, will continue to work as the CFO. The biotechnology company announced Gomez’s appointment as the new Moderna CFO on April 11.

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3 Telltale Signs It’s Time to Rethink Your Executive Team

Leading Blog

However, following several acquisitions in 2018 and 2019 and rapid growth during the pandemic, he defined a new set of goals that required a higher degree of coordination and centralization in his team. As one anonymous Fortune 500 CEO shared: My CFO started well. As Darrell explained: I am planning to centralize a few things.

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Beyond the Transaction: How to Make Business Shifts Successful

CEO Insider

Consider this: Dealogic reports there were 175 Initial Public Offerings (IPOs) in 2019, while 47 firms were taken private. I’ve been a CFO at […]. And deals involving public companies being taken private by domestic private equity sponsors increased more than 27 percent over 2018.

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Overpaid CEOs a Huge Red Flag for Company Stability, Shareholder Advocacy Group Says

HR Digest

More than half of shareholders rejected CEO pay packages at 16 companies last year, up from ten in 2020 and seven in 2019. GlobalData , a data analytics and consultancy company, said in January that the number of job advertisements for CEO, CHRO, and CFO posts increased by 35% in 2021 compared to 2020.

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The Big Shift: Demand for Future Work Skills in 2021

HR Digest

Formal studies completed their data set in 2019 and we were certain there was a shift by 4 th quarter of 2020. Hire a Chief Future Officer (CFO). To accommodate the escalating speed of change and plans for the future, hire a new type of CFO. We are in between two bookends, before the pandemic and after the pandemic.

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Accenture to lay-off 25,000 low performers

HR Digest

Accenture CFO KC McClure stated that “when emerged out of the last financial crisis, Accenture invested in market share, and as we look into a long term future, we will have a tremendous opportunity for all over the long term by staying closer to our clients.” In 2019, the company earned revenues of a whopping $43.2