#cfo

CFO Michael Baron Maguire sold 13,000 shares worth $651,690 on 1/26.

What is your interpretation of the statement by CFO at kickoff —

“For every employee the bonus structure will shift to reflect the overall company performance”

How is this different from previous years? Just an excuse to water down already meager bonuses?

The cuts will come from the CFO structure. GL takes the reigns in March. It gives them a perfect excuse to "clear house" because there is a new coach for the team. Just in time for May investor day. He will "see all the inefficiencies that the old CFO couldn't" and wants to make an impact so I will put my $5 on this bet right now.

I don't get it, how is Dave Zinsner still CFO at Intel? This guy miss managed Intel Finances for the last 4+ years and yet he is still there! I don't get it. His latest comment is about miss reading (or underestimated) Server demand is just mind blowing.

This guy should of been kicked out back in December 2024, yet he is still here. Is the board filled with a bunch of circus clowns or something!.

If integration is the strategy at Phillips 66, then the CFO is where that strategy either becomes measurable—or quietly unravels.

Under K3vin Mitchell, management has repeatedly emphasized the company’s commercial strength and trading activity as a differentiator—pointing to optimization, integration across assets, and value capture across the system. In public forums, Mitchell has framed this capability as a reason to maintain the current structure and as a contributor to long-term shareholder returns.

But the outcomes raise a fundamental question: if trading and commercial capability are truly differentiated, why does volatility keep increasing rather than declining?

Quarter after quarter, refining and commercial swings dominate results. Earnings remain highly sensitive to market moves, even as leadership points to trading activity as a source of advantage. At some point, “commercial optimization” stops sounding like a stabilizer and starts sounding like an explanation for risk that isn’t being actively constrained.

This matters because volatility is not an abstract concept—it is a capital allocation choice. Expanding trading activity without demonstrably reducing enterprise-level swings suggests either:
• the activity is adding risk rather than offsetting it, or
• leadership is comfortable with volatility that contradicts the integration narrative

Neither interpretation supports the company’s positioning as a diversified, disciplined platform.

The issue is compounded by management style.

Effective CFOs in complex organizations are not passive coordinators. They force clarity, resolve conflicts between segments, and actively develop leaders who can manage portfolio-level trade-offs. Here, leadership appears distant and conflict-avoidant. Hard questions linger unanswered. Exposure choices persist by default.

That combination—embracing volatility while avoiding confrontation—is dangerous in a company this complex.

Commercial trading can be a real advantage. But if it doesn’t visibly improve and smooth results, reduce dependence on refining swings, or produce superior risk-adjusted returns, it isn’t a differentiator—it’s just activity that comes at added expense.

A CFO doesn’t earn credibility by describing capability. They earn it by shaping outcomes.

Right now, Phillips 66 is getting more volatility than its strategy implies—and less leadership pressure than its complexity demands.

William H. Rogers Jr.: Chairman and Chief Executive Officer.
Jennifer S. Banner: Executive Director, University of Tennessee Haslam College of Business.
K. David Boyer Jr.: CEO, GlobalWatch Technologies Inc..
Dallas S. Clement: President & CFO, Cox Enterprises.
Linnie M. Haynesworth: Retired Sector VP, Northrop Grumman Corporation.
Donna S. Morea: CEO, Adesso Group, LLC.
Charles A. Patton: Manager, Patton Holdings, LLC.
Jonathan Pruzan: Co-President, Pretium Partners (joined May 2025).
Agnes Bundy Scanlan: President, The Cambridge Group LLC.

Any further updates on CEO or CFO looking at the pension and removing it or changing the program?

We are getting a new CFO over here at Converse. How was DS at Nike? Looks like he ran Procurement. Good experiences? Good culture? Bad experiences? Need the details before he ramps us here so know what to expect. Only thing I heard so far was he got rid of people when he joined and the org did not have much direction from him with a lot of people having left or trying to leave. I only know one Procurement person that is over there still so giving the benefit of the doubt maybe he inherited a bad gig?

Need some info before meeting him…

MOC CFO replaced after just 2 years! Atleast it’s nice to see our competitors actually keeping their leadership accountable!

In a surprising move, our CEO has appointed a new hotshot CFO with a global business background, replacing a seasoned executive with years of experience at MPC and MPLX. This change could be a response to performance concerns or may signal a significant shift in company strategic direction. If the latter is true, it raises the question: Could more long-standing MPC/MPLX employees face a similar fate in 2026?

MF has been in position and seen through this entire DEBACLE! Frankly, I take offense with him sitting on stage presenting 101 corporate Finance - we all went to college and understand how it works. Do your job and EXPLAIN the changes we are making to navigate this storm and improve.

Under MF, our stock price has TANKED… not a great outcome for a CFO.

WAKE UP NIKE BoD !!

We had a very very bizarre product team meeting where people kept licking AJays boots and got lectured on completely random and unrelated subjects. When topics on strategy and company health were arose, very very strange and veiled answers were provided by the CFO.

Did you all see the email the other day? I cannot keep up with the changes anymore. I also heard of a shakeup for the HMS people. Top heavy folks leaving over there and huge re-org changes. I have never seen a company like this!

This is a surprise. I wonder what will happen to Finance. I heard a lot of NYC jobs are going to lower cost locations.

https://finance.yahoo.com/news/citi-cfo-mason-to-step-down-after-ceo-frasers-power-consolidation-135104516.html

Mirlanda Out as Xerox Appoints New CFO from Lexmark.
https://tonernews.com/forums/topic/mirlanda-out-as-xerox-appoints-new-cfo-from-lexmark/

are you surprised or not

n/m

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?

Optum's getting yet another CFO as the leadership revolving door keeps spinning. What can you all tell us about old Benny Boy?

thank you for your attention to this matter!
https://seekingalpha.com/news/4507696-unitedhealths-optum-unit-cfo-depart

Seriously, how bad were things???

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.

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.

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.

how is the new cfo doing 6 months in. Seems like the heavy lifting was done before she arived. update would be nice right about now.is she worth $700k.

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

Are we getting a handle on our activist investor? Looks like we have a new SVP under the CFO.

https://www.businessinsider.com/sap-cfo-ai-make-more-software-fewer-people-2025-9

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%.

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.

CEO Chris Winfrey and CFO Jessica Fisher in big trouble. Read the article on Broadband Breakfast online.

Obviously MarkB is gone and James is interim.
BUT, not too long ago Madhu was ousted and Chad Westlake started and left in what seems like a quarter (maybe 6 months).
Is there a CFO?
Who is running the company?

Could have sworn that Bain would have kept him. Brutal. Wonder what his exit package is? Who is next?

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?

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 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?

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.