The Reader’s Digest Association, a global media and direct marketing company, has named Paul Tomkins as executive vice president (EVP) and chief financial officer (CFO). Tomkins succeeds and will report to Tom Williams, who was named president and chief executive officer (CEO) in April.
A seasoned financial expert, Tomkins joins RDA from AT&T, most recently serving as vice president controller for AT&T Business Solutions. Since 1997, he had also been responsible for managing the unit’s financial and reporting processes, as well as internal controls and change management processes both for AT&T business and consumer services, with indirect accountability for board, SEC and investor relations reporting for these two units. He was also a member of the AT&T business Sarbanes-Oxley (SOX) steering committee.
Previously, Tomkins was the head of accounting policy and external reporting at AT&T. He also served as the international CFO/controller for AT&T global business communication systems (currently Avaya) where he led the deployment of financial systems and processes to support growth outside the US.
Tomkins began his career in public accounting at Wiss and Company, where he was a senior accountant before leaving to become a division controller at Plant Industries. Tomkins holds an MBA from Seton Hall University, and is a certified public accountant (CPA). He is a member of the American Institute of CPAs and the NJ Society of CPAs, and is a member of the Seton Hall University Leadership Development Council.
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.