According to an intrepid survey by Accountemps that investigated what stresses out CFOs, balancing work and life responsibilities was listed as the biggest drag. This beat out office politics, keeping up with accounting and finance regulations, higher workloads, and a "challenging commute." Maybe all these men and women wouldn't be so stressed if more of them had the chance to unwind at a nice country club. Just a suggestion. [Accountemps]
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Quote of the Day: From ‘Rockstar’ CFO to Mowing Lawns | 04.12.10
“Before the fraud broke, people would ask me what I did before I retired and I’d say I was founder and former CFO of HealthSouth. But today when people ask me what I did before I retired I kind of look away and say I was an accountant and hope they don’t ask me any other questions.”
~ Aaron Beam, former CFO of HealthSouth and current lawn-care business owner, at the University of Texas-Dallas Fraud Summit, earlier this month.
Your Chinese Company CFO Resignation Du Jour: Duoyuan Global Water Inc.
It could be that Stephen Park really is pursuing another professional opportunity but most people (and by that I mean investors) don’t believe that story.
Duoyuan Global Water Inc. (DGW) said Chief Financial Officer Stephen C. Park would resign from the China-based water treatment equipment supplier to pursue another professional opportunity. Park will remain with the company until the completion of a third party review or until June 30, whichever is earlier. Duoyuan said it is in the process of selecting an international search firm to assist in appointing a successor. The company’s American depositary shares slid 7.3% to $3.70 in after-hours trading.
Duoyuan Global Water CFO To Resign [Dow Jones]
Research: A Majority of CFOs Face Significant Talent Shortage and Burnout of Existing Staff
It’s not even worth coming up with a smarmy clickbait headline for this press release […]