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Jet Airways CFO Amit Agarwal Resigns

Tuesday, May 14, 2019, 10:36 AM

Jet Airways said that its deputy chief executive and CFO Amit Agarwal has resigned. The airline said that Mr Agarwal stepped down due to personal reasons. Shares in Jet Airways declined more than 12% early on Tuesday. Mr Agarwal's resignation comes at a time the airline is struggling with a debt of more than $1.2-billion, and owes money to lessors, suppliers, pilots and oil-companies.
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Ford names Amazon veteran Tim Stone as CFO

Friday, March 22, 2019, 4:58 PM

American multinational automaker Ford has named 20-year Amazon veteran Tim Stone as its next Chief Financial Officer (CFO), the first external hire in around 70 years. Ford's present CFO Bob Shanks will retire at the end of 2019 after having served for around 42 years. Stone had served various roles at Amazon, before joining Snap as CFO in May 2018.
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Huawei CFO Granted Bail in Canada, Trump Says Might Intervene

Wednesday, December 12, 2018, 12:04 PM

A top executive of Chinese telecoms giant Huawei Technologies Co was granted bail by a Canadian court, 10 days after her arrest in Vancouver at the request of US authorities sparked a diplomatic dispute. Meng Wanzhou, Huawei's CFO and the daughter of its founder, faces US claims that she misled multinational banks about Iran-linked transactions, putting the banks at risk of violating US sanctions.

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