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- 1
Levi Strauss & Co. has hired away Skechers' chief financial officer, the company's latest leadership change as the jeansmaker reshapes its executive team. The move pairs a longtime footwear-industry finance veteran with the iconic denim brand. The appointment was reported by Retail Dive, drawing attention across the retail sector, where CFO moves are closely watched for signals about strategic direction.
- 2Travel company CFO says business travel is taking off▼Why this travel company CFO says business travel is taking off
A chief financial officer at a travel company says business travel demand is accelerating, pointing to a recovery in corporate trip bookings. The comments suggest companies are resuming travel after years of budget cuts and remote meetings, a positive signal for airlines, hotels and the wider travel industry.
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Private equity firms are rethinking their ESG strategies as the political and regulatory environment around sustainable investing grows increasingly hostile. A report by Private Funds CFO highlights how the industry is pivoting, softening or reframing environmental, social and governance commitments to navigate backlash, particularly in the United States, while trying to preserve value for investors.
- 4SEC charges fund adviser with fraud tied to SpaceX IPO●SEC charges private fund adviser with alleged fraud before SpaceX IPO
The Securities and Exchange Commission has charged a private fund adviser with alleged fraud involving claims of pre-IPO access to SpaceX shares. The regulator says investors were misled in connection with the offering, according to CFO Dive. The case highlights growing scrutiny of the market for pre-IPO stakes in high-profile private companies like SpaceX.
- 5Microsoft gaming chief says Xbox is not for sale▼‘Xbox is not for sale’ says Microsoft’s gaming chief Asha Sharma. | Image: The Verge, Microsoft Xbox CEO Asha Sharma has
Asha Sharma, Microsoft's gaming chief, has denied reports that the company is considering selling off its Xbox business, stating plainly that 'Xbox is not for sale'. The comments follow a June report by The Information claiming Microsoft CEO Satya Nadella and the company's CFO had discussed options for the gaming division. Sharma's denial is aimed at shutting down speculation about the console brand's future within Microsoft.