Human Capital: Page 18
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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 -
CFOs On the Move: Week Ending April 1
Stephanie PopeBoeing Commercial Airplanes CFO Stephanie Pope has been promoted to president and CEO of Boeing Global Services. In her two decades working at Boeing, Pope has held a number of leadership positions, including chief financial officer of Boeing Global Services and vice president of ...
By Lauren Muskett • April 1, 2022 -
CFOs: Unfilled Jobs Negatively Affecting Revenue, Operations
If allocating more budget to employee wages and benefits solved the problem of a lack of qualified workers to fill open positions, companies might be able to outlast a tight labor market. But what if a company still can't fill open jobs and has so many unfilled jobs that its operations and revenu...
By Vincent Ryan • March 31, 2022 -
CFOs On the Move: Week Ending March 25
Luka MucicSAP’s chief financial officer Luka Mucic is leaving the company. SAP has started the search for his successor, and Mucic will continue as CFO until March 31, 2023. Mucic is the third CFO in the software company’s 50-year history. Mucic started his career at SAP in 1996 in the corporat...
By Lauren Muskett • March 25, 2022 -
To the New or Aspiring CFO
When a first-time CFO or a CFO new to an organization takes the reins, they should be prepared to face challenges beyond spreadsheets and income statements. In many ways, the CFO serves as a “consigliere” to the CEO, an indispensable adviser and right-hand man or woman. An effective CFO takes ful...
By Greg Milano • March 23, 2022 -
CFOs On the Move: Week Ending March 18
Katie AndersonNeiman Marcus Group named Katie Anderson as the luxury retailer’s new chief financial officer, effective April 4. Anderson joins the company from retailer Guess?, where she is finance chief. She previously held chief financial officer roles at restaurant chain California Pizza Ki...
By Lauren Muskett • March 18, 2022 -
How CFOs Can Win the Struggle for Talent
The C-suite is worried. According to Grant Thornton’s survey of nearly 250 senior finance leaders, 68% of respondents believed their organization would see a talent shortage this year. More than half (53%) expected that shortage would affect their business. Tim GlowaThe concerns are valid: 2021...
By Tim Glowa and Sharon Whittle • March 17, 2022 -
CFOs On the Move: Week Ending March 11
Brice HillChip equipment maker Applied Materials hired Brice Hill as its new CFO. Hill joins the company from semiconductor company Xilinx, where he was chief financial officer during its $50 billion acquisition by Advanced Micro Devices. He previously worked at Intel for more than two decades,...
By Lauren Muskett • March 11, 2022 -
Weekly Stat: Coaxing Women to Rejoin the Labor Force
Nonfarm U.S payrolls bulked up in February, increasing by 678,000. The Bureau of Labor Statistics also raised the payroll numbers for December 2021 and January 2022 by a combined 92,000. With more children at in-person school, women made up about half of the payroll adds in the nonfarm numbers. B...
By Vincent Ryan • March 7, 2022 -
CFOs On the Move: Week Ending March 4
Sinead GormanShell promoted Sinead Gorman to chief financial officer, effective April 1. Gorman is currently executive vice president of finance in the oil and gas company’s global Upstream business. She started her career as a civil engineer before beginning a finance career when she joined Shel...
By Lauren Muskett • March 4, 2022 -
CFOs On the Move: Week Ending February 25
Jeff D'OnofrioCafeMedia hired Jeff D'Onofrio as its first finance chief. D'Onofrio joins the ad management service from Tumblr, where he spent eight years as CFO, COO, and finally as chief executive officer. Before that, his career spanned live streaming, social media, advertising, and commerce i...
By Lauren Muskett • Feb. 25, 2022 -
Remote Teams Thrive on Trust and Connections
Global and multinational organizations have always faced the remote work challenge. If your team is distributed across the world, how could you not? The complexity of leading a global work team, in which members come from two or more national or cultural backgrounds, is even higher. The same g...
By Steve McNally • Feb. 23, 2022 -
CFOs On the Move: Week Ending February 18
Tina HultkvistTina Hultkvist will take over as chief financial officer of Volvo Group on March 15. Hultkvist joined the company in 1998 and is currently senior vice president of group reporting, tax, and control. Hultkvist succeeds Jan Ytterberg, who will step down as group CFO and continue as a ...
By Lauren Muskett • Feb. 18, 2022