Dean Foods, a US food and beverage company, announced that Jack Callahan will resign his role as executive vice president (EVP) and chief financial officer (CFO) to accept a similar position as CFO of another publicly traded company.
Shaun Mara will succeed Callahan upon his departure on 30 November 2010. Mara, who currently serves as senior vice president (SVP) and chief accounting officer (CAO), has been with the company since June of 2010.
Mara most recently served as SVP of finance for the Wm Wrigley Jr Company, a subsidiary of Mars, where he had responsibility for corporate reporting, global finance, and post-merger integration functions. Prior to the acquisition of Wrigley by Mars, Mara also served as corporate controller and CAO and oversaw all accounting, SEC financial filings, and Sarbanes-Oxley compliance matters.
Prior to joining Wrigley, Mara held senior corporate finance positions with Gillette. He also has past experience with Staples and KPMG.
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.