Ex-Porsche CFO Charged with Fraud

Ex-Porsche CFO Charged with Fraud
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Earlier this year, news broke that Volkswagen had plans to to do a full takeover of Porsche, which VW owned 49.9-percent of. But now the former CFO of Porsche, Holger Haerter, is one of three people being charged with fraud in Germany over Porsche’s intent to supposedly acquire VW. According to investors, Porsche had denied… Continue Reading...

GM CEO Chris Liddell Steps Down, Replaced By Treasurer Dan Ammann

GM CEO Chris Liddell Steps Down, Replaced By Treasurer Dan Ammann
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After 14 months on the job and one IPO, General Motors CFO Chris Liddell is stepping down, and will be replaced by treasurer Dan Ammann. Liddell was viewed as a potential successor to CEO Dan Akerson, but said he wants to move on from his CFO position, after having previously holding the title at Microsoft… Continue Reading...