David FitzPatrick is retiring as CFO of Tyco at year-end to pursue other interests, after three years in the job. He will be replaced on March 7 by Christopher Coughlin, who was previously chief operating officer and CFO at advertising company The Interpublic Group. He has also served as the finance chief of Pharmacia, Nabisco Holdings and Sterling Winthrop.
At Metro-Goldwyn-Mayer meanwhile, Daniel Taylor will be promoted from executive vice president and CFO to president upon completion of the company’s imminent sale to the coalition of Providence Equity Partners, Texas Pacific, DLJ Merchant Banking, Sony and Comcast.
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