Emerson, a manufacturing and technology company, has appointed Frank Dellaquila as senior vice president and chief financial officer (CFO). He succeeds Walter Galvin, vice chairman and CFO, who has served as CFO for 17 years. Galvin will remain as vice chairman, and Dellaquila will join the office of the chief executive (OCE) and report to David Farr, chairman, chief executive officer (CEO) and president.
Dellaquila, who had been a senior vice president of finance and Emerson’s controller since 2009, joined Emerson in 1991 as vice president and treasurer. He held that position until 2000 when he became senior vice president of finance and CFO for Emerson’s Motors and Appliance Components business. In 2004, Dellaquila was named senior vice president of acquisitions and development for Emerson until his promotion to senior vice president of finance and controller.
Dellaquila earned a bachelor’s degree in accounting from Fordham University and a master’s degree in business administration from Columbia University.
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.