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Why hire a CFO from Renault's leadership during major fraud and a $12B loss from joint venture ?

So really, the best option we had for a CFO was someone from Renault-Nissan's Excom during the time of a massive financial corporate fraud committed by Carlos Ghosn, and involved in a $12B loss to Renault from their essentially failed joint venture with Nissan?

That's the best we've got? What is it with Geoff wanting to bring on either his cronies, people bound to fail (e.g. Amazon, Walmart, GE) or c-suite colleagues from failed experiments?


This is bad news

Better tighten those seatbelts folks, because sudden CFO exit is always a red flag for costs and strategy changes. CFO departures always raise questions about future capital plans, which may pressure management to cut costs, restructure teams, or slow projects that affect jobs. In other words, we're sc--wed. This will especially affect those in finance, project controls, or field roles, so make sure you prepare for the worst.


And that's why Yvonne was let go

No chance a competent CFO would sign off on these new projections.

They assume the absolute best case market scenarios with no room for error or a down turn in AI spending.

They're also entirely unneeded ad the company continues to meet or exceed market expectations.

Jeff is doing all he can to hit that $200 mark. Seems the rumors were true about him being out if he doesn't make it.


How long before we can expect to start seeing changes?

I'm sure the new CEO will want to put his stamp on things as soon as possible, but I doubt he'll want to rock the boat too much from the get go. I'd like to see him start cleaning house on day one but I realize that's too much to expect. But I also hope he doesn't wait for too long.


New CFO

OpenText Corporation (NASDAQ:OTEX) has named Steve Rai as executive vice president and chief financial officer, effective October 6, 2025.
Rai previously served as CFO of BlackBerry Limited (BB).

Blackberry … hum. I will let you guys guess


Layoffs confirmed today

Decade and a half at xrx and someone in a private conversation confirmed (at least in their role within the service delivery organization) names are already on lists and submitted to VPs within said organizations.

CFO also mentioned "difficult decisions" being made... my guess is another 15%.


gof yourself Wissam

Thanks for dedicating your life to ntap. I just got here and am going to sc--w you without even buying you dinner. thanks for your pto, what used to be an amazing place to work is now awful. Your awesome Wissam, gfyourself from everyone at ntap that made this company great.


Moving Finance job overseas

CFO just announced that we are going to cut US finance jobs (both voluntary and CPM) to increase HC in lower cost center like Costa Rica. And apparently only targeting to US finance employees. How is that ok especially when the company took government fund (source from our paycheck) to increase OVERSEAS jobs?


Pre-Market news #Avaya #CFO Retired Brace for post-market News today..

Kiernan McGrath Retires 11/7/22

Becky Roof Interim CFO

Shafali Shah, New Strategic Role (focus on Strategic Initiatives, not Admin

Vito Caravale appears to be stepping up as Top General Counsel (This site previously claimed his last day would be Oct 3)

First PRE-MARKET Announcement since Avaya began to unravel on May 10th. Does this mean we should brace for what news is coming next regarding the debt restructuring and plan moving forward?

Not just in core depts

Not just our engineering team bro. It’s an Over staffed US finance and accounting department with many directors and VPs draining companies resources. Many inexperienced people with so called fake ‘director’ experience and title have no credibility but have managed to bluff their way through the interview process. There is no pyramid structure. Is anyone highlighting this to CFO and HR? Why not give opportunities to our internal finance talent from the India team that has shown loyalty to the company for many years? Why this obsessing over external talent even when they don’t bring any relevant experience? Why not keep the costly US overhead cost structure low?


CFO (In)Competence?

How is Qualcomm the only company I've heard of that actually is LOSING OUT on the new corporate tax credits recently put into place, according to the CFO?

Maybe the accounting department isn't so great at their jobs. Of course, it's probably difficult to understand the US tax laws when you don't even work in country, I'm sure.