Bankrate (RATE) Places on CreditWatch Negative by S&P
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Bankrate (RATE) SEC Investigation and CFO Resignation 'Raises Questions' - RBC Capital
September 15, 2014 1:05 PM EDTRBC Capital analyst Rohit Kulkarni weighed in on Bankrate (NYSE: RATE) amid news on an SEC investigation and the CFO resignation, which he said 'raises questions'.
Kulkarni said the best thing to do at this point is wait and see. "We cannot... More
Bankrate (RATE) Names Interim CFO; Announces SEC Non-Formal Investigation
September 15, 2014 7:02 AM EDTBankrate (NYSE: RATE) announced the appointment of Steven D. Barnhart, as interim Chief Financial Officer, effective immediately.
He succeeds Edward J. DiMaria, Senior Vice President and Bankrate's current Chief Financial Officer. Mr. Barnhart was most recently Senior Vice President and Chief Financial Officer of Sears Hometown and Outlet Stores. Prior to that, he was CFO at Bally Total Fitness, where he oversaw the finance and technology functions. From 2003 to 2009, Mr. Barnhart served in various executive leadership roles at Orbitz Worldwide, including Chief Financial Officer, President and then Chief Executive Officer. From 1990 to 2003, Mr.... More
