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FTX’s first interim report since bankruptcy reveals massive failures in management, finance and security
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The new management team of FTX, led by John Ray, issued their long-awaited interim report on the state of the exchange and its sister firm, hedge fund Alameda Research. The severity and scale of the failures it outlines helps to explain why it took nearly five months to the day for the first report to be filed. “The Debtors have had to overcome unusual obstacles due to the FTX Group’s…
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Buncombe County Finance Office gets new interim director
Buncombe County’s Finance Division, which oversees the accounting for the around $580 million fiscal yr 2023 spending budget, just lately lost its director to one more county, and a longtime Buncombe County staff has stepped up to temporarily hold the posture. Don Warn, 53, who was the Buncombe County finance director due to the fact November 2018, just lately remaining Buncombe County to go to Guilford County, wherever he began on Feb. 13, according to a Guilford County information release. He was creating a salary of $161,785.44, according to a public information ask for. Mason Scott, 34, was hand-picked by Alert as his short-term successor. He was appointed by the…
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Interim finance director named in Coventry after director leaves | Kent County Daily Times
COVENTRY — On the heels of the town finance director’s resignation, and in the midst of an investigation into the city manager’s managing of municipal finances, an interim finance director has been named in Coventry. Ed Warzycha, who has at the time once again stepped in as Coventry’s interim town manager, has tapped Robert Civetti for the posture, powerful today. “He’s heading to be able to bounce in and get started from working day a single,” Warzycha said final 7 days, “and that is what we need.” Warzycha, who labored as the town’s IT director and then as its administrative officer before retiring, also served for approximately three years as…
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CITY FINANCE | Interim Director Departure Extends Finance Department Challenges | The South Pasadenan
Photo: Esteban Lopez | SouthPasadenan.com News | South Pasadena Metropolis Corridor South Pasadena Interim Finance Director Maida Alcantara, who has served in that place for only 3 months, unexpectedly still left the job late past thirty day period, the Town acknowledged late Friday. Alcantara, the 3rd interim to serve for the duration of the City’s two-and-fifty percent year look for for a long lasting director, is a previous California municipal worker who functions for MV Cheng & Associates, a contracting agency the Metropolis hired final 12 months to give temporary finance companies. On Wednesday, the city council will be asked to approve a $199,500 modification to the MV Cheng deal…
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