Financial Executives International in the News
(May 26, 2011) Earlier this month, FEI President and CEO Marie Hollein was quoted an FT.com article on the growing trend of chief financial officers transitioning into the role of CEO. In the article, entitled “Finance Directors Step On To Centre Stage,” Hollein commented that “a CFO is now much more like a partner with the CEO than at a lower place in the hierarchy.” Read the full article, which also appeared in print in the UK edition of the Financial Times, here.
We also want to spotlight a few other mentions of FEI in mainstream media over the past few months. We encourage you to regularly visit FEI’s press room, which is updated periodically with news releases and media coverage that spotlight our organization:
· Marie Hollein was interviewed by Dow Jones Newswires in early spring for an article discussing how companies are exploring ways to finance their operations abroad with debt denominated in local currencies in order to try to hedge against exchange-rate movements. The article includes commentary from Hollein on the complexity of this strategy.
· Marie Hollein was quoted in a Compliance Week article on the debate surrounding over the counter derivatives, which ran in April.
· A FEI study conducted by the Committee on Corporate Reporting (CCR) was referenced in a Thomson Reuters article regarding the usefulness of XBRL, which appeared on May 2.
· On May 5, FEI and Baruch College released findings of the Q1 2011 CFO Outlook Survey, which polls CFOs of public and private businesses in the U.S. and Europe (Italy and France) on their economic and business confidence and a number of timely issues. Media coverage has appeared in BNA Daily Report for Executives and CFO World.
· On May 19, FEI released its fifth annual Executive Compensation Study. Stay tuned for additional updates on media coverage.