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Yahoo CEO could reap $44 million if she leaves after sale Sep 10th
SAN FRANCISCO – Yahoo CEO Marissa Mayer stands to collect a $44 million severance package if she leaves after Verizon completes its purchase of the once-mighty internet company.
Mayer hasn’t announced plans to leave, but industry observers say she’s unlikely to stay after the $4.8 .... More »
Unifor members approve new four-year labour agreement with Ford - The Globe and Mail + MORE Nov 7th
CBC.caUnifor members approve new four-year labour agreement with FordThe Globe and MailWorkers at Ford Motor Co. of Canada Ltd. have approved a new contract with the company, wrapping up 2016 contract negotiations between Unifor and the Canadian units of the Detroit Three auto makers. Unifor members.... More »
Year-end tax and financial planning considerations + MORE Oct 16th
As the year-end approaches, there may be planning strategies to consider. In some cases, there may be a sense of urgency. In other cases, it may just be a good time to start preparing for the year ahead. Let’s review some of these strategies, including making contributions to registered accounts, .... More »
What happens when your landlord misses mortgage payments? Jun 11th
You held up your end of the bargain and paid your rent on time—only to learn your landlord failed to keep up with mortgage payments and the home may need to be sold. Panic sets in, as you don’t know if you can continue to call this place your home. Experts say there are a number of ways thi.... More »
Facebook stock drops after company warns Apple’s privacy changes to have bigger Q3 impact - TechCrunch Sep 22nd
Facebook stock drops after company warns Apple’s privacy changes to have bigger Q3 impact TechCrunchFacebook says it underreported ad performance due to Apple's iPhone privacy update CNBCFacebook says privacy changes in iOS continue to impact its ad business 9to5Ma.... More »
Carrick best reads: When taking a pay cut makes sense
– theglobeandmail.com
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick
90 days – 1.75%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2014-12-19. Click on the link above to get more details or apply online.
4.5 year – 2.50%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-06-13. Click on the link above to get more details or apply online.
Fairfax Financial, Canadian Pacific, Canadian National and Restaurant Brands are some stocks we’re eyeing Tuesday.
Gildan Activewear CFO steps down in order to take same position at Kraft Foods Group
– canadianbusiness.com
NEW YORK, N.Y. – Gildan Activewear Inc.’s chief financial officer, James Kehoe, has resigned after about a month with the Montreal-based clothing company in order to take the same position at his former employer, Kraft Foods Group Inc.
Kehoe, who also served as executive vice-president and chief administrative officer at Gildan (TSX:GIL), had joined the company in January.
He had an approximately 25-year career at Kraft in finance and operations and is rejoining the food company after it announced last week that Teri List-Stoll would be stepping down from the CFO post at month’s end.
“While the timing of this change is not ideal, the opportunity with Kraft is something I could not pass up given my extensive history with the company and its people,” Kehoe said in a statement. Kraft’s products include Velveeta and Miracle Whip.
Laurence G. Sellyn, who had served as Gildan’s CFO, chief administrative officer and executive vice-president before Kehoe’s appointment, will resume the positions while the company looks for a replacement…
Kehoe, who also served as executive vice-president and chief administrative officer at Gildan (TSX:GIL), had joined the company in January.
He had an approximately 25-year career at Kraft in finance and operations and is rejoining the food company after it announced last week that Teri List-Stoll would be stepping down from the CFO post at month’s end.
“While the timing of this change is not ideal, the opportunity with Kraft is something I could not pass up given my extensive history with the company and its people,” Kehoe said in a statement. Kraft’s products include Velveeta and Miracle Whip.
Laurence G. Sellyn, who had served as Gildan’s CFO, chief administrative officer and executive vice-president before Kehoe’s appointment, will resume the positions while the company looks for a replacement…


