Human Capital: Page

  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Under Pressure

    Grouchy, impatient, no attention span, and a temper that can flare up unexpectedly. No doubt CFOs have seen plenty of the tell-tale symptoms of stressed-out staff, and probably even suffer personally on occasion. Let’s face it, stress levels in finance departments have always been high, especiall...

    By Rhymer Rigby • Feb. 20, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    CFOs on the Move

    Mary Winston has been named CFO and executive vice president of Scholastic Corp., the publishing company. She succeeds Kevin McEnery, the occupant of those posts since l995, who resigned “to pursue new career opportunities with the potential for broader opportunity,” according to the company Most...

    By Stephen Taub • Feb. 13, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Now Hiring

    After more than two years of gloom, things are looking up in the corporate-finance job market. CFOs are more cheerful about 2004—and their companies’ hiring plans at last are beginning to show it.Recent studies have tended to bear out the December 2003 installment of CFO’s quarterly Global Confid...

    By Kate O'Sullivan • Feb. 13, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Airline Executives See Big Pay Cuts

    As the economy continues to perk up, chances are that executive pay will rise accordingly. The one temporary exception: airline-industry executives.The reason for the dour outlook for those senior managers is that Congress capped their pay last April when it agreed to provide the industry with $2...

    By Stephen Taub • Feb. 11, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Incredible Shrinking Retirement Benefits

    More than 4 in 10 employers offering defined benefit pensions said they have converted to hybrid plans, according to a recent survey from Towers Perrin. Another 29 percent have eliminated defined benefit pensions for new hires, and 27 percent have reduced or frozen their defined benefit plans.Med...

    By Stephen Taub • Feb. 9, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    CFOs on the Move

    Apple Computer announced that Fred D. Anderson will retire as executive vice president and CFO on June 1. He will be replaced by Peter Oppenheimer, Apple’s senior vice president of finance and corporate controller. The company added that it intends to appoint Anderson to its board of directors up...

    By Stephen Taub • Feb. 6, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    The Medicare Reform Effect

    As health-care costs increased, many companies cut back on the medical benefits they offer to their retirees. So when President Bush signed the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 into law in December, some claimed the legislation would mean the end of such bene...

    By Joan Urdang • Feb. 6, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    CFO Whistle-Blower Is Vindicated

    In a ruling posted late last week, U.S. Department of Labor Administrative Law Judge Stephen Purcell ordered the Bank of Floyd (Virginia) and holding company Cardinal Bankshares Corp. to rehire, with back pay, former chief financial officer David Welch, according to the Roanoke Times.Cardinal fir...

    By Stephen Taub • Feb. 5, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Are Salespeople Out to Sell Themselves?

    As more and more companies are signaling a desire to spend more money on good and services, the employees responsible for winning the business for your company may not be there when you need them.According to CareerBuilder.com, 43 percent of sales professionals will be actively looking for a bett...

    By Stephen Taub • Feb. 3, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    For Whom the Bell Toils

    The Boeing Co.’s new CFO, James A. Bell, is stepping into a bit of a maelstrom, at the center of which lies the $21.5 billion KC-767A tanker leasing deal with the U.S. Air Force.The deal is currently in a state of official limbo while the Pentagon, the U.S. Attorney’s Office in Northern Virginia,...

    By CFO Editorial Staff • Feb. 1, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    CFOs on the Move

    The TJX Cos. Inc. named Jeffrey Naylor executive vice president, chief financial officer, effective February 2, 2004. Current CFO Donald Campbell assumes the newly created position of executive vice president, chief administrative and business development officer.Naylor joins TJX from closeout re...

    By Stephen Taub • Jan. 30, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Body-Language Tactics That Sway Interviewers

    Before a job interview, do you peruse magazines or review prepared notes? When the meeting begins, do you wait to be told where to sit or choose your own chair? And do you give passionately expressive or carefully controlled responses?In each of these instances, your body language speaks volumes ...

    By Eugene Raudsepp • Jan. 30, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Disney Finance Chief Receives Big Raise

    Thomas Staggs, chief financial officer of Walt Disney Co., received a healthy raise last year.His salary climbed 26 percent to nearly $842,000, while his bonus jumped by a third to a cool $1 million, according to the company’s proxy. He also received $450,000 in stock units, up $25,000 from the t...

    By Stephen Taub • Jan. 29, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Tribal Knowledge

    Some career moves are worth the gamble. Just ask James LaPorte, who recently left his job as the CFO of a public oil company to become the director of finance for the Little River Casino Resort.In LaPorte’s new role at the Manistee, Michigan, tribal gaming facility, he’s discovered to his surpris...

    By Craig Schneider • Jan. 23, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Control(ler) Issues

    Complying with Sarbanes-Oxley is taking quite a toll on corporate finance staffs these days—particularly on controllers. “When my controller is going home for dinner and then coming back to work, there’s something wrong,” says Scott Youngstrom, CFO of Compex Technologies, a New Brighton, Minnesot...

    By Kate O'Sullivan • Jan. 9, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Bold New World

    Lester Thurow is all about thinking big. In his new book, Fortune Favors the Bold: What We Must Do to Build a New and Lasting Prosperity, the economics professor at MIT’s Sloan School of Management argues that the United States is in danger of being left behind as the global economy trudges forwa...

    By CFO Editorial Staff • Jan. 5, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Recommended Reading: Top Stories of 2003

    “Recommended Reading” is a resource for financial executives, chosen by financial executives. The list below features the 100 articles that were most in demand by our readers during 2003 — original articles from CFO.com, stories drawn from the pages of CFO magazine, as well as articles from CFO E...

    By CFO Editorial Staff • Jan. 4, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Opportunity Disintegrates

    Jeff Clarke recently found out what Mick Jagger has known for a long time: you can’t always get what you want. The former CFO of Compaq Computer Corp. resigned from his post at Hewlett-Packard Co., which merged with Compaq in 2002, when it became obvious to him that he was not going to get the CF...

    By CFO Editorial Staff • Jan. 1, 2004
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Executive M.B.A. Grads Decide to Look Elsewhere

    In 2001, Charles Bryant, 43, began an executive M.B.A. program at Southern Methodist University’s Cox School of Business and his employer, E-commerce-applications company BroadVision Inc., agreed to chip in part of the $63,000 tab.But the Redwood City, Calif.-based employer laid off Mr. Bryant fr...

    By Perri Capell • Dec. 26, 2003
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Top Finance Officers Must Be ”Squeaky Clean”

    Ted Martin is the founder and chief executive officer of Martin Partners LLC, an executive-search firm in Chicago.How have requirements changed for chief financial officers in the wake of corporate accounting scandals?The new recruiting requirements are tied to what’s going to happen at the board...

    By Perri Capell • Dec. 12, 2003
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Back on Course

    For every big-name CFO whose name disgraced the evening news in recent years, many more law-abiding finance folks have sullied their reputations in subtle ways.The causes are usually mundane — yet often the person in question simply doesn’t recognize the problem, or doesn’t believe that anything ...

    By Lisa Yoon • Dec. 5, 2003
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Subject to Failure

    As the mutual-fund probe widens, 401(k) plan sponsors are taking a hard look at an industry long regarded as a reliable workhorse for individual retirement plans. That image has taken quite a beating since September 3, when New York State Attorney General Eliot Spitzer announced a $40 million set...

    By Linda Corman • Dec. 1, 2003
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Rosie Accounting?

    Allegations of improper accounting are still popping up—and in some unlikely places. The most recent flap stems from Rosie O’Donnell’s fight with the publisher of her discontinued Rosie magazine, Gruner + Jahr USA. The former talk-show host alleged in a lawsuit that the publishing company used im...

    By CFO Editorial Staff • Dec. 1, 2003
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Embracing Change

    In case you haven’t noticed, times are tough for finance executives. In public companies nowadays, those in the top finance chair shouldn’t count on staying for long. Just under 25 percent of current Fortune 500 CFOs have stayed more than five years at one company, according to a March study cond...

    By Kate O'Sullivan • Dec. 1, 2003
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Rethinking Cash Balance Plans

    Cash balance plans, a hybrid of traditional defined benefit pension plans and defined contribution 401(k) plans, lately seem to offer more risks than benefits — among them, increased funding obligations, a damaging court ruling on age discrimination, and pending Congressional action to curb conve...

    By Craig Schneider • Nov. 19, 2003