Cfo | featured news

Sheryl Sandberg's explosive "Lean In" — a muscular manifesto on the gender inequities of the professional world — is being published within weeks of the 50th anniversary of Betty Friedan's "The Feminine Mystique." It's a convergence destined to invite disparaging comparisons, to prompt people to holler about how they knew Betty Friedan and that Sheryl Sandberg, chief operating officer of Facebook and one of the most powerful women in the tech world, is no Betty Friedan.

Big increases in pay-TV prices—the result of rising programming costs—are set to be the "new norm," DirecTV's CFO Patrick Doyle said at an investor conference. "It behooves the industry to try to match up a little better with [programming] cost increases," Mr. Doyle told the Deutsche Bank investor conference. DirecTV, the second-largest pay-TV provider in the U.S., said last month it expects programming costs per subscriber to increase 8% in 2013. The satellite operator raised prices it charged consumers 4.5% at the start of this year.

The Indian joint venture of Wal-Mart Stores Inc has suspended its chief financial officer and other employees as it investigates alleged violations of U.S. anti-bribery laws, a development that could hamper India's efforts to open its domestic supermarket sector to foreign investment.

AOL promoted its chief financial officer, Artie Minson, Jr., to the newly created role of chief operating officer as part of a reorganization of the company's operations.

Co-founded in 2009 by Twitter cofounder Jack Dorsey, Square enables people to accept credit card payments on iPhone, iPad or Android devices... In a move that positions the company for a potential initial public offering, Square has hired former Goldman Sachs and Salesforce.com executive Sarah Friar as chief financial officer.

GM said Monday it had hired Chris Liddell, the chief financial officer of Microsoft, as its new finance chief, filling a key position with the automaker's highest-profile hire since its July bankruptcy.

James Davis, the former financial officer for Texas billionaire Sir Allen Stanford, pleads guilty to fraud and conspiracy charges.

Twitter has hired Alexander Macgillivray, Google's associate general counsel for Product and IP, as their new General Counsel, we've confirmed.

Harley-Davidson said Chief Financial Officer Tom Bergmann is leaving the company to seek other career opportunities.

General Motors Corp. will not make a $1 billion debt payment due June 1, its CFO, Ray Young, told reporters on Wednesday. Instead, it is hoping to complete a debt-for-equity exchange or be forced to resort to bankruptcy.

GM's stock plummeted on the news.