John Casper has resigned from his position as vice president of finance and chief financial officer (CFO) of Ultralife Corporation, a battery and power company. Philip Fain, Ultralife’s vice president of business development, will serve as CFO on an interim basis while it conducts a search for a new vice president of finance and CFO.
Fain began his career as a certified public accountant (CPA) and consultant with Arthur Anderson & Co, after which he joined Bausch & Lomb where he served in various management and executive positions including roles in corporate accounting, financial reporting and corporate audit functions. He became vice president and controller for B&L’s US sunglass business and served as senior vice president of finance for the global eyewear business, where he provided worldwide financial, information technology and business development leadership for this business, which included the Ray-Ban brand.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.