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Intuit Selects Its New CFO

PYMNTS

23) that Michelle Clatterbuck, current senior vice president of finance for Intuit’s consumer tax group, and current acting finance leader for Intuit’s small business group, will assume the role of Intuit CFO starting Feb. We are fortunate to have benefitted from Neil’s leadership for more than a decade.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

When mobile phone company Danger Inc was created in the heady days of 2000 with execs from Apple, Phillips, and WebTV, it looked like a leadership dream team. Date: November 30, 2006. Date: February 6, 2006. In 2006, it was the most-visited website in the US, even beating out Google. Date: April 15, 2008. Price: $500M.

Google 76
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11 Lessons From Startup Chapter 11s

CB Insights

The company announced it was effectively ceasing operations immediately and filing for Chapter 11 bankruptcy, putting more than 1,100 people out of work overnight. In January 2019, Munchery abruptly ceased all operations, as it informed customers via email. By September 2011, Solyndra’s business model had fallen apart.

Apple 78
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

Rishi Shah and Shradha Agarwal founded healthcare information startup Outcome Health in 2006 while the pair were still studying at Illinois’ Northwestern University. In January 2018, Outcome settled all pending lawsuits by the company’s investors on the condition that Shah and Agarwal step down from their leadership positions.

Fraud 78
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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

Buffett successfully lobbied the leadership of Coca-Cola — the largest position in Buffett’s portfolio, with his ownership share coming in at 6.2% — to cut back on “excessive” executive compensation plans. Berkshire Hathaway bought See’s, and by 1982, it was up to producing $13M after taxes on just $20M in net tangible assets.

Omaha 78