Daily News: January 6, 2014

Role of CFO Changes When a Private Equity Firm Buys a Company

In an article post on its website, CFO.com notes that when a private equity firm buys a company, they often cut costs, lay off employees and hire new managers.

However, the expectation of a resident CFO in such a situation will ultimately depend of the health of the company, CFO says.

CFO interviewed several CFOs for the article and provides insights into what the experience is likely to be for an incumbent CFO depending on the premise for an acquisition by a private equity firm.

To link to the CFO.com article, click here.