The chief financial officer of credit card giant Mastercard says that the company views cryptocurrencies more as an asset class rather than a form of payment. In a new interview with Bloomberg, Master...
Tag: CFO
What Does Mastercard’s CFO Say About Crypto Assets?
Mastercard’s Chief Financial Officer (CFO), Sachin Mehra, believes cryptocurrencies come under the asset grade. These currencies are somewhere far away to be used as a payment tool. The MastercardR...
Crypto Is an Asset Class, Not Payment Instrument, Says Mastercard’s CFO
Sachin Mehra – Chief Financial Officer of Mastercard – believes cryptocurrencies, such as bitcoin and ether, are still too volatile to be classified as an appropriate payment instrument. On the other ...
Starbucks CFO says ‘demand is strong’ as firm rises on Q3 beats
Starbucks Corporation (NASDAQ: SBUX) climbed as the opening bell rang on August 3 as the coffeehouse chain reported a strong earnings quarter. During Q3, the firm noted comparable sales in North Ameri...
Celsius wants to bring on former CFO as adviser for bankruptcy proceedings
Crypto lender Celsius Network has submitted a motion to bring on former CFO Rod Bolger as an advisor to help with its bankruptcy proceedings. A hearing will take place on August 8 to consider the moti...
Bankrupt Crypto Lender Celsius Seeks Help From Former CFO
Celsius’ former chief financial officer earned an annual base salary of $750,000 The bankrupt crypto lender again wants his advice due to his familiarity with Celsius Celsius has filed a motion to ret...
Celsius Network Petitions Court to Consult Former CFO Rod Bolger
Embattled cryptocurrency lending platform Celsius Network has petitioned the US Bankruptcy Court to grant it permission to re-engage Rod Bolger, its former Chief Financial Officer (CFO). The firm high...
Visa tops earnings expectations as CFO sees ‘no evidence of a pullback’ in spending
Visa Inc. topped expectations with its latest results Tuesday and gave an upbeat signal to investors about the resilience of spending volumes in the current macroeconomic climate. Amid increasing unea...
Vauld CFO leaves struggling Asian crypto lender: sources
Vauld CFO Jatin Mazalcar has left the Singapore-based crypto lender after it was forced to halt client withdrawals last week, two sources familiar with the matter told The Block. While Mazalcar left t...
Vauld CFO Resigned From Designation Amidst Market Dip
32 mins ago | 2 mins read Exchange News Jatin Mazalcar left Vauld after the crypto lender stopped withdrawals. Vauld halted all withdrawals on July 4th due to the financial difficulties. Vauld CFO Jat...
Vauld CFO Resigned From Destination Amidst Market Dip
Exchange News Jatin Mazalcar left Vauld after the crypto lender stopped withdrawals. Vauld halted all withdrawals on July 4th due to the financial difficulties. Vauld CFO Jatin Mazalcar ha...
Binance.US Shooting To Go Public With Hire of New CFO, Says Chief Executive
The US branch of the world’s largest crypto exchange by trading volume is hiring a former PayPal executive as its new chief financial officer. In a new blog post, Binance.US is naming Jasmine Lee, a f...
GameStop Sacks CFO, Lays Off Multiple Employees in A Fresh Turnaround Plan
GameStop, the largest video game retailer worldwide based in Texas, US, has sacked its Chief Financial Officer, Mike Recupero, and laid off several employees across departments. The layoffs, which wer...
Binance.US Hires Ex-Paypal CFO Jasmine Lee
Jasmine Lee, a veteran financial expert has joined Binance.US as its new Chief Financial Officer (CFO). The appointment of Lee by Binance.US is primarily centred on tapping her expertise as the former...
GameStop CFO out, layoffs announced, stock drops
GameStop is making significant changes to its workforce, including laying off staff and investing in store managers and field employees, according to an internal memo and a source familiar with the ma...
GameStop fires its CFO and announces layoffs as part of aggressive turnaround plan
GameStop has fired its Chief Financial Officer, Mike Recupero, and is making staff cuts across departments as part of an aggressive turnaround plan, the videogame retailer announced Thursday. Recupero...
Soho China CFO Probed For Insider Trading; Shares Fall 2.8% In Hong Kong
Soho China CEO Zhang Xin, second from right, chats with guests at her newly opened Galaxy Soho … [+] building in Beijing in 2012. Galaxy Soho, a new office, retail and entertainment building, wa...
Compass Mining CEO and CFO resign as company cites ‘multiple setbacks and disappointments’
Compass Mining CEO Whit Gibbs and CFO Jodie Fisher have resigned from their positions. The company addressed “multiple setbacks and disappointments” getting in the way of its ultimate miss...
Compass Mining CEO and CFO resign
The CEO and CFO of Bitcoin Miner Compass Mining have surrendered The company cites ‘multiple setbacks and disappointments The organization said in an explanation that there have been different d...
Compass Mining denies allegations of $1.2M unpaid electricity bill, CEO, CFO resign
Compass Mining, a hosting company offering managed mining services to Bitcoin (BTC) miners, announced that both its CEO and CFO have resigned. The company said it has gone through “multiple setbacks a...
Compass Mining CEO and CFO Resign, Company Cites ‘Setbacks and Disappointments’
Bitcoin hardware mining company Compass Mining announced today the resignation of Chief Executive Officer and co-founder Whitney “Whit” Gibbs and Chief Finance Officer Jodie Fisher. “...
Compass Mining CEO And CFO Abruptly Resign, Company Faces Business Struggles
Compass Mining, a Bitcoin mining hosting and brokerage services firm based in Delaware, US, announced on Tuesday that its CEO, Mr. Whit Gibbs, and CFO, Mr. Jodie Fisher, have resigned effective immedi...
Compass Mining CEO and CFO Resign Amid ‘Setbacks and Disappointments’
“Compass Mining was created to make mining easy and accessible,” said the statement. “The company recognizes that there have been multiple setbacks and disappointments that have detr...
Ford CFO says inflation has erased Mustang Mach-E profits, but isn’t hurting demand
The Mustang Mach-E is Ford’s first new all-electric vehicle under an $11 billion investment plan in electrified vehicles through 2022. Michael Wayland | CNBC Ford Motor‘s CFO said Wednesda...
PTON Stock Up 1.36% in Pre-Market as Peloton Prepares to Welcome New CFO
Peloton has adopted a number of strategies to beat its current bearish business outlook, a move that involves proactive cost-cutting measures and leadership change. American exercise company, known fo...
Why Riot Blockchain its Corporate Operations Head as new CFO?
Even after his retirement from the firm, to take advantage of his expertise in the space Riot is seeking to appoint Current CFO as senior advisor Riot Blockchain has appointed its current head of Corp...
Bitcoin Miner Riot Blockchain Names Its Head of Corporate Operations as New CFO
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