Dow Jones & Company has appointed Kevin Halpin as executive vice president (EVP) and chief financial officer (CFO). Halpin succeeds Stephen Daintith, who is leaving to pursue a new opportunity after nearly six years at News Corp, including three years at Dow Jones.
Halpin will lead all finance functions and help set and support the strategic priorities for the news and business information company. He will be responsible for business unit finance, procurement, tax, audit, administrative services and facilities. His appointment is effective 15 October 2010, and he will report to Dow Jones chief executive officer (CEO) Les Hinton.
Halpin comes to Dow Jones from its corporate parent News Corp, where he served as senior vice president-finance for the past two years and as vice president-finance from 2000 to 2008. At News Corp, Halpin was responsible for various corporate activities, including evaluating merger, acquisition and divestiture opportunities. He has been involved in a number of significant transactions, including being actively involved in the purchase of Dow Jones in 2007 and, most recently, the proposed BSkyB transaction.
Earlier in his career, Halpin held positions with responsibility for financial planning and analysis, financial reporting and controls and treasury capital markets. He received his undergraduate degree from Georgetown University, a MBA from Villanova University and is a certified public accountant (CPA).
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.