Human Capital

Tax

Tax on Nonprofits Could Snare Companies, Too

A new excise tax on executive pay at tax-exempt entities may also apply to their affiliated for-profit companies, IRS guidance suggests.

David McCann
June 11, 2019
People

CFOs on the Move: Week Ending June 7

Farmers Insurance Exchanges, TPI Composites, ProMedica, SailPoint Technologies Holdings, Discover Financial, Cantel Medical, CF Industries Holdings
Profiles

ABM Industries Nears End of Five-Year Transition

The company's "2020 Vision" plan, involving a new go-to-market strategy, new operational efficiencies, and key technology upgrades, is in the home stretch.
Automation

How to Modernize the Treasury Department

To add value and move beyond their focus on processing, treasury departments must win management buy-in, automate, and reach out to other functions.
People

Bricker to Step Down as SEC Chief Accountant

Wes Bricker's three-year tenure will end in June, with his deputy Sagar Teotia taking over as acting chief accountant.
Banking & Capital Markets

Sears Owner Seeks to Opt Out of Severance Payments

Eddie Lampert had promised to pay $43 million to former workers.
Leadership

Automate Leadership, Not Leaders

Artificial intelligence can't do the job of a leader, but it can help leaders do their jobs better.
People

CFOs on the Move: Week Ending May 31

Radisson Hotel Group, Fluor, GameStop, The Securities and Exchange Commission, CSX, Joe & The Juice, TrueCar, Ametros, Bento, Capsule8, Starry
Retirement Plans

Why Terminating a Pension Plan May Be Unaffordable

Not only is it expensive to buy annuities to fund existing retiree benefits, but financial statement issues also may stymie plan terminations.
People

Frank Lonergo Steps Down as CSX Finance Chief

Vice president of marketing Kevin Boone will fill Lonergo's shoes while the railroad operator searches for a new CFO.
Compensation

Do Clawbacks Cause as Many Problems as They Prevent?

While penalties for erroneous financial reporting may spur achievement, they also may lead executives to cover up their mistakes, study suggests.
Revenue Recognition

Unclear IR Communications Sent Share Price Tumbling

New CFO at Talend works to overcome investor concerns about the software firm's altered business model and revenue recognition issues.
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