Fuel Systems Solutions, a designer, manufacturer and supplier of alternative fuel components and systems, has hired Pietro Bersani as chief financial officer (CFO). He replaces Matthew Beale, president, CFO and secretary, who will become co-president of Fuel Systems and head of IMPCO operations with primary responsibility for North America.
Bersani joins the company from a career in finance accounting with Deloitte & Touche and Arthur Andersen, where he served in senior managerial positions focusing on mergers and acquisitions, initial public offerings (IPOs), risk management and performance enhancement. His industry expertise includes automotive components and the airline and railroad transportation segments. He is a certified public accountant (CPA) in the US, and also a certified public auditor and a chartered certified accountant (CCA) in Italy with significant expertise in IAS/FRS. He earned a BA and MA in Business Economics from L Bocconi University, Italy.
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.