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New Google CFO could get USD 70 mln in 2 yrs

2015-03-27 09:01:00| Telecompaper Headlines

(Telecompaper) Google said in a regulatory filing that it could be paying newly appointed CFO Ruth Porat a base salary of USD 650,000 a one time bonus of USD 5 million after one year, plus a USD 25 million new hire grant and a USD 40 million biennial grant. The total comes to more than USD 70 million over the next two years. Porat will join Google on 26 May. Google paid outgoing CFO Patrick Pichette, who announced his retirement earlier this month, USD 62.2 million for the three years through 2013, Recode reported. Google said it wanted to stop annual cash bonuses for senior vice presidents next year and shift to a system that includes annual base salary and biennial equity grants.

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Verizon's online video service revenue may depend on ads: CFO

2015-03-27 04:36:37| Telecom - Topix.net

Verizon Communications Inc may rely largely on advertising for revenue from its upcoming online video service, Chief Financial Officer Fran Shammo said in an interview. This could set the No.

Tags: service online video ads

Verizon's online video service revenue may depend on ads: CFO

2015-03-26 23:22:17| IT Services - Topix.net

Verizon Communications Inc may rely largely on advertising for revenue from its upcoming online video service, Chief Financial Officer Fran Shammo said in an interview. This could set the No.

Tags: service online video ads

Kadant Names Michael McKenney Sr. VP & CFO, Succeeds Thomas O'Brien

2015-03-26 18:52:26| Paper - Topix.net

March 26, 2015 - Kadant Inc. announced that Michael J. McKenney has been named Senior Vice President and Chief Financial Officer effective June 30, 2015, succeeding Thomas M. O'Brien, whose planned retirement as Chief Financial Officer was announced in September 2014. McKenney, 53, is currently the Company's Vice President, Finance and Chief Accounting Officer, and will be succeeded by Deborah S. Selwood, 46, who has been named Vice President and Chief Accounting Officer effective June 30, 2015.

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