Human Capital: Page 18
-
The Financial Upside of Employee Recognition
Across the U.S., employers are struggling with soaring turnover rates. According to new figures from Gartner, 37.4 million people will voluntarily quit their jobs this year, a quite staggering 20% increase on pre-pandemic levels. The pernicious effects of employees leaving permeate throughout an ...
By Scott Dussault • July 14, 2022 -
CFOs On the Move: Week Ending July 8
Dermot McDonoghDermot McDonogh | BNY MellonDermot McDonogh was named chief financial officer of BNY Mellon, effective February 1, 2023. McDonogh joins the bank from Goldman Sachs, where he was most recently chief operating officer for EMEA and CEO of Goldman Sachs International Bank. He joined ...
By Lauren Muskett • July 8, 2022 -
What Do CEOs Want From Their CFOs?
In 1986 Top Gun was released in theaters. Between the time of its release and its sequel 36 years later, the checklist required by CEOs from their financial wingman or wingwoman has not changed that much. As a CEO, I often talk to others in the same position from different generations. I find the...
By Didi Gurfinkel • July 8, 2022 -
CFOs On the Move: Week Ending July 1
Ian BordenIan Borden | McDonald'sIan Borden was promoted to chief financial officer of McDonald's, effective September 1. Borden, who is currently president of international, joined the fast-food chain in 1994. He has held several roles during his tenure, including CFO for Asia-Pacific, Middle ...
By Lauren Muskett • July 1, 2022 -
CFOs On the Move: Week Ending June 24
Jennifer BiryJennifer Biry | McAfeeMcAfee appointed Jennifer Biry as finance chief. Biry joins the security software company from media company WarnerMedia, where she was named CFO in December 2020. Biry was previously chief financial officer for three of AT&T’s largest business units, AT&a...
By Lauren Muskett • June 24, 2022 -
Health Care Benefits: CFOs Have More Options Than They Think
CFOs are used to seeing the cost of health care benefits for their organization go up each year, typically by a double-digit percentage. If they're lucky, the increase stays in the high single digits.Employers typically absorb these increases and compensate by sometimes decreasing the quality of ...
By Erik Wallace • June 23, 2022 -
A 10-Step Playbook for New PE-Backed CFOs
For the first 100 days to be a success, the plan must focus on measuring, managing, and scaling.
By Hal Polley and Barclay Stanton • June 22, 2022 -
CFOs On the Move: Week Ending June 17
Sam SamadSam Samad | Quest Diagnostics Quest Diagnostics named Sam Samad as CFO, effective July 11. Samad joins the diagnostic information services from gene-sequencing company Illumina, where he has been chief financial officer since 2017. Before that, he held several senior leadership positio...
By Lauren Muskett • June 17, 2022 -
CFOs On the Move: Week Ending June 10
Liz CoddingtonLiz Coddington | PelotonPeloton appointed Liz Coddington as its new CFO, effective June 13. Coddington most recently was vice president of finance for Amazon Web Services. Before that, she held senior leadership roles at B2B and consumer-facing companies, including as CFO of Adara...
By Lauren Muskett • June 10, 2022 -
5 Habits of Top CFOs
Download our whitepaper to discover the technical and behavioral skills needed to lead your business forward.
By CFO Editorial Staff • June 7, 2022 -
7 Core Skills of Great CFOs
As COVID-19 has shifted from a pandemic to an endemic, CFOs are also transitioning — from a reacting-to-crisis mode to one that is strategic and more forward-looking. Finance chiefs are still dealing with COVID-era challenges that include remote workforces, persistent inflation, supply chain snar...
By Sandra Beckwith • June 6, 2022 -
CFOs On the Move: Week Ending June 3
Raj KalathurRaj Kalathur | DeereRaj Kalathur was named chief financial officer of agriculture equipment maker Deere. Kalathur was most recently president of John Deere Financial and chief information officer. He will retain his role for John Deere Financial and have continued oversight of infor...
By Lauren Muskett • June 3, 2022 -
Q&A
Human-Centric Finance: A Conversation with Andrew Hoag and Marshall Cooper
One of the many benefits of the return of in-person events is that you never know what kind of conversations you might find yourself in. While attending the CFO Leadership Conference in May, the CFO team had the opportunity to talk with myriad finance executives to learn all measures of insight. ...
By Andy Burt • June 1, 2022 -
CFOs On the Move: Week Ending May 27
Stefan KramerStefan Kramer | BMW of North America Stefan Kramer will take over as CFO of BMW of North America in September. Kramer is currently CFO of BMW Group Financial Services in the United States. He joined the automaker in 2005 as an in-house consultant responsible for the organizational ...
By Lauren Muskett • May 27, 2022 -
CFOs On the Move: Week Ending May 20
Nnenna NnoliOne Concern, a climate resilience technology company, appointed Nnenna Nnoli as finance chief. Nnoli was most recently vice president, head of financial planning and analysis, at Spotify. She started her finance career at JPMorgan Chase, where she worked for more than 12 years in st...
By Lauren Muskett • May 20, 2022 -
Q&A
Michael Bayer: ‘CFOs Are Storytellers’
"What company do you know that has less data this month than it did last month?" Michael Bayer, CFO of Wasabi Technologies, asked this rhetorical question in response to CFO's inquiry about the business outlook for his company and cloud storage. In preparation for this week's CFO Leadership Counc...
By Andy Burt • May 19, 2022 -
CFOs On the Move: Week Ending May 13
Sonalee ParekhRingCentral appointed Sonalee Parekh as chief financial officer. Parekh joins the company from Hewlett Packard Enterprise, where she was CFO of the company’s communications technology group and led its corporate development and investor relations functions. Before that, she held s...
By Lauren Muskett • May 13, 2022 -
CFOs On the Move: Week Ending May 6
Kate GulliverWayfair promoted Kate Gulliver to finance chief. Gulliver was most recently vice president/chief people officer at the home goods retailer. She joined the company as head of investor relations after a career at Bain Capital as an investor and at McKinsey as a consultant. Gulliver t...
By Lauren Muskett • May 6, 2022 -
Metric of the Month: The Right Mix of New and Long-Serving Employees
Highly-trained, knowledgeable, and well-tenured staff are some of the most critical assets of a business. Long-serving employees know their job inside and out, know processes intimately, and often have deep inter-company relationships that break down silos and foster collaboration. Perry D. ...
By Perry D. Wiggins • May 5, 2022 -
Bearing the Higher Cost of Labor: Weekly Stat
Medical waste disposal and compliance company Stericycle reported first-quarter earnings last week and like many organizations disclosed rising labor costs. The increases came mostly from raising wages for existing employees and paying higher starting salaries, said CFO Janet H. Zelenka.But Steri...
By Vincent Ryan • May 2, 2022 -
CFOs On the Move: Week Ending April 29
Kavita Suthar Redbox’s CFO Kavita Suthar is stepping down as finance chief. Suthar, who became CFO in 2020, joined the company in 2015 and played a key role in the entertainment company's special purpose acquisition company merger and public listing in 2021. Before being named CFO, Suthar held ...
By Lauren Muskett • April 29, 2022 -
CFOs On the Move: Week Ending April 22
Natasha FernandesIMAX promoted Natasha Fernandes to chief financial officer. Fernandes, who has been part of the movie theater chain’s finance team for the last 15 years, was most recently deputy CFO. Her previous roles include corporate treasurer, assistant controller, and director of financia...
By Lauren Muskett • April 22, 2022 -
CFOs On the Move: Week Ending April 14
John Rainey Walmart hired John Rainey as the retail giant’s new finance chief, effective June 6. Rainey works at PayPal, where he is CFO and executive vice president of global customer operations. Before PayPal, Rainey was CFO at United Airlines and spent a combined 18 years between United and ...
By Lauren Muskett • April 14, 2022 -
CFOs On the Move: Week Ending April 8
Travis LeonardTravis Leonard will take over as finance chief of snack company Hostess Brands on May 11. Leonard was previously CFO of the medical segment at Cardinal Health, where he led a global finance organization supporting its medical products, distribution, and services business with $16....
By Lauren Muskett • April 8, 2022 -
The War for Talent: 6 Ways Small Companies Can Compete With Big Businesses
When Workhuman opened its yearly kickoff meeting with virtual entertainment by a group of musically gifted employees, co-workers were blown away by the talent. “Most of us didn’t know there were so many talented musicians in the company,” said Steve Pemberton, chief human resour...
By Sandra Beckwith • April 6, 2022