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> Barry McCarthy, who served as CFO at Spotify as well as at Netflix, will take over as CEO, the company said Tuesday. A bean counter at the helm? Ok, they ar
by outworlder 5y ago
> Barry McCarthy, who served as CFO at Spotify as well as at Netflix, will take over as CEO, the company said Tuesday.
A bean counter at the helm?
Ok, they are done.
- curiousllama 5y agoTo be fair, their failings were almost entirely a result of bad financial projections, resulting in an unstable balance sheet for an otherwise-solid business
- vandorjw 5y agoThen why not keep the CEO, and replace the CFO? CEO needs to provide vision based on the financial projection from the CFO.
- missedthecue 5y agoBecause the buck doesn't stop at the CFO
- joegahona 5y agoWill the CFO-turned-CEO hire another CFO? Two people at the helm who essentially do math all day doesn’t sound very inspiring.
- refulgentis 5y agoThat's an absurd representation of many things.
- baby-yoda 5y agotidying up the finances for an eventual acquisition. as far as shareholders are concerned, looking as good as possible on paper is priority #1.
- WheatM 5y ago
- missedthecue 5y agoThey already have a great product. What they don't have is a great balance sheet and income statement. Seems like a bean counter is what they need at the moment.