Reuters – The former finance chief of Beazer Homes USA has agreed to reimburse the company for over $1.4 million that he earned in bonus payments and stock sale profits when the Atlanta-based homebuilder was committing accounting fraud, the SEC announced on Tuesday.
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Read More »Reuters – Nasdaq OMX Group Inc named a Bank of America Merrill Lynch investment banker as chief financial officer on Thursday, bringing in a seasoned dealmaker as it pursues a takeover bid of NYSE Euronext .
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Read More »Reuters – U.S. market regulators on Friday sued the former chief financial officer of a multibillion-dollar hedge fund founded by Daniel Zwirn, accusing him of improperly transferring $870 million between the fund’s accounts.
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Read More »Freddie Mac Acting Chief Financial Officer David Kellermann, 41, was found dead early today in the basement of his home in a Washington suburb, police said.
According to poice, the death is still under investigation. Early reports indicated Kellermann’s wife reported a suicide. The medical examiner’s office said it’s conducting an autopsy, and the results may be released as soon as today.
David Kellermann was named acting chief financial officer in September 2008. As acting chief financial officer, Kellermann is responsible for the company’s financial controls, financial reporting, tax, capital oversight, and compliance with the requirements of Sarbanes-Oxley. He also oversees the company’s annual budgeting and financial planning processes.
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