Robert J. Darretta, the chief financial officer at health care products maker
Johnson & Johnson, has decided to retire after a career spanning 38 years.
Darretta will retire as chief financial officer and vice chairman of the
board in early 2007.
He will be replaced by Dominic J. Caruso, the current vice president of group
finance, on the 1 January.
Caruso joined the company in 1999 through the acquisition of Centocor and has
been leading the group finance organization since 2005.
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements
Charles Tilley's departure from CIMA leaves the accounting world quieter, but his institute with an exciting foundation