Oracle’s new CFO netted  million in stock after layoffs. Employee says ‘algorithm’ first targeted workers with stock options

Oracle’s new CFO netted $26 million in stock after layoffs. Employee says ‘algorithm’ first targeted workers with stock options

Days after Oracle laid off 30,000 employees via 6 a.m. email (as Moneywise previously reported), the company announced its next big move: hiring a new CFO with a $26 million stock package. Meanwhile, some laid-off workers have raised questions on LinkedIn and job forums about how Oracle chose who to lay off; one 30-year veteran…

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Former CFO of ‘smart window’ maker View must face SEC case, US judge rules

Former CFO of ‘smart window’ maker View must face SEC case, US judge rules

By Jonathan Stempel (Reuters) -View’s former chief financial officer must face allegations by the U.S. Securities and Exchange Commission that he negligently allowed the “smart window” maker to understate the cost of replacing defective windows, a federal judge ruled. In a decision late Monday, U.S. District Judge Beth Labson Freeman in San Jose, California, rejected…

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CSX names Boone as CFO and Kenney as COO

CSX names Boone as CFO and Kenney as COO

CSX (CSX) announced executive leadership changes designed to strengthen the company’s strategic focus and advance its long-term growth objectives. Effective immediately, Kevin Boone has been named executive vice president and chief financial officer and chief financial officer, replacing Sean Pelkey, who left the company. Maryclare Kenney has been promoted to Senior Vice President and Chief…

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