Fushi Copperweld, a manufacturer of copper-clad bimetallic wire, has appointed Craig Studwell as chief financial officer (CFO). Studwell will be responsible for all aspects of the company’s financial operations and will also work closely with the executive management team to develop opportunities to continue the growth trajectory of the company. Wenbing Christopher Wang, who has served as interim CFO since 3 March 2010, will continue his role as president and director.
Studwell brings over 35 years of experience in banking and corporate finance in the US, Asia, and Europe. He previously served as senior vice president (SVP) and CFO of Paramount Petroleum Company, an independent refiner and marketer of asphalt, gasoline, diesel, military fuels and petroleum feed stocks, where he oversaw corporate accounting, treasury, and corporate finance. Previously, he served as SVP, finance and planning for Pacific Millennium Corporation, a multinational corporation engaged in pulp and paper distribution, paper manufacturing, and investments where he worked extensively in China, Hong Kong, and Asia, overseeing the firm’s treasury, corporate finance and accounting activities.
Prior to that, Studwell held senior level management positions with commercial banking institutions in Los Angeles, New York, and Milan. He holds a BSc in Finance from New York 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.