EnerSys, a manufacturer, marketer and distributor of industrial batteries, has announced that Michael Philion, executive vice president of finance and chief financial officer (CFO), will retire.
Michael Schmidtlein, EnerSys’ vice president and corporate controller, will serve as CFO on an interim basis while an internal and external search is conducted. Schmidtlein joined EnerSys in 1995 and has served as the company’s chief accounting officer since 2005. He is a certified public accountant (CPA) and received his BSc in accounting from the University of Missouri.
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.