American Eagle Outfitters (AEO), a global specialty retailer, has announced that its chief financial officer (CFO), Joan Hilson, is stepping down. An active search for a successor is currently underway. Hilson will work with the company through the end of July 2012 to ensure an orderly transition.
Scott Hurd, AEO’s vice president and controller, will lead day-to-day management of the finance team, and assume the roles of interim principal accounting officer and interim principal financial officer until a successor is appointed.
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.