Cobra Electronics, a designer of mobile communications and navigation products, has announced that Michael Smith has resigned as senior vice president (SVP) and chief financial officer (CFO), effective 31 January 2011. Bob Ben, vice president and corporate controller, has been appointed as interim CFO while Cobra launches a search for a permanent replacement.
Smith has accepted a position as chief operating officer (COO) of a privately-held company in the specialty apparel industry.
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.