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Bed Bath & Beyond, Coinbase, Virgin Orbit and more

CFO News Room

The move came after its earnings call, in which leadership said the company had bigger losses than expected. Regeneron Pharmaceuticals — The stock was up 2.9%, a day after the shares dropped about 7.7% The cuts come after Coinbase laid off 18% of its workforce in June as crypto prices, and its stock, dwindled.

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1057: Building Strategic Value: Inside the Finance Engine Room | Georgy Egorov, CFO, ZeroAvia

CFO Thought Leader

Although the life sciences firms blend of knowledge-driven resources and AI placed it at the forefront of drug discovery innovation, Egorov identified a critical vulnerability: the companys model depended too heavily on a small set of major pharmaceutical customers, leaving its growth in the hands of external decision-makers.

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920: When Leadership Calls | Erin Colgan, CFO, Sensei Bio

CFO Thought Leader

Thus it was for Erin Colgan, who in July 2020—after having invested 9 years within the finance rank-and-file of pharma giant Vertex Pharmaceuticals and 8 years with PWC—opted to become the 20th employee of a promising biotech start-up.

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5 Excel-heavy Pain Points still Dragging down finance teams in 2025

The Finance Weekly

A finance director at a large niche pharmaceutical company told us: “We have a lot of manual processes and inputting and that type of stuff which I am trying to get away from. One company we spoke to–a $110M equipment leasing firm–has been looking for a way out of this Excel mess for three years.

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Members Spotlight: Professor Ian Kruger

CFO Talks

I was appointed at Unisa School for Business Leadership to teach MBL Financial Management in 2008, after that I did my CFO(SA) as it was related. Share your favorite leadership lesson. Kruger has held various influential roles across South Africa and internationally, shaping the finance, academic, and investment landscapes. Enjoy life.

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Uber Buys Dubai Ride-Hailing Unicorn Careem For $3.1B

PYMNTS

This transaction brings together Uber’s global leadership and technical expertise with Careem’s regional technology infrastructure and proven ability to develop innovative local solutions,” Uber said in a statement to the news outlet. Careem has 33 million customers and 1.2

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Transcenta announces the appointment of Daniel Weng as CFO

Future CFO

As a member of the executive leadership team, Weng will be fully responsible for the company's financial strategy, performance reporting, capital markets activities, and investor relations, according to the firm. Prior to Transcenta, he served as the vice president and Head of finance at Hong Kong-listed CStone Pharmaceuticals.

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