Human Capital: Page 190

  • 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

    Olympic Gold

    OLYMPIC GOLDWith just over five months until Utah’s 2002 Winter Olympic Games begin, the Salt Lake Organizing Committee (SLOC) is passing its trials with flying colors. Since February, when the CFO mantle was passed from Fraser Bullock (who remains as COO) to 34-year-old Brett Hopkins:* Microsoft...

    By CFO Editorial Staff • Sept. 1, 2001
  • 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

    Good Work: Best Workplaces for Finance Professionals, 2001

    When Lisa Drake is recruiting on campuses, her 21-year career in the Cargill Inc. finance department evokes skepticism among students. “They think you must be leftovers if you’ve been with a company that long,” she says. With the notion of corporate family often considered an oxymoron, and employ...

    By Roy Harris • Sept. 1, 2001
  • 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

    Big Changes At Big Lots

    Managers at Big Lots, Inc. a Columbus, Oh.-based closeout retailer, appointed Jeffrey G. Naylor senior vice president and chief financial officer. Naylor will report to Albert J. Bell, vice chairman and chief administrative officer. On May 30, Big Lots officials said CFO Mark Shapiro was leaving ...

    By Jennifer Caplan • Aug. 31, 2001
  • 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

    Valuation Evaluation

    Q: We operate under an LLC form. We are in the service business and need to finance our startup accounts receivable. The owner of the LLC is contemplating giving an interest in the LLC for a cash infusion to finance the accounts receivable. The annual sales are $15 million and the accounts receiv...

    By CFO Editorial Staff • Aug. 31, 2001
  • 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

    Optic Allusion: New CFOs at Network Specialists

    Managers at Tibco Software Inc. promoted Christopher O’Meara to the CFO post. O’Meara was appointed acting CFO of the Palo Alto, Calif.-based software maker in April. Before joining Tibco in 1997 as vice president of finance, O’Meara spent ten years at Adaptec, where he served as the company’s vi...

    By Lisa Yoon • Aug. 30, 2001
  • 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

    A CFO’s Journey from Celestial to StarTek

    When David Rosenthal was a kid, he must have wanted to be an astronaut.Meaning? Well, Rosenthal has just been named the new CFO at business- support services company StarTek Inc., replacing Dennis Swenson, who is retiring. Prior to coming on board at StarTek, he was chief financial officer at Bou...

    By Lisa Yoon • Aug. 29, 2001
  • 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

    Shot in the Arm: Equidyne Gets New CFO

    The board of Equidyne Corp. named Jeffery Weinress to the CFO post. Weinress joins the San Diego-based maker of needle-free drug-injection devices from Ligos Corp., where he was CFO. He replaces Michael Pieniazek, who will continue to serve as a director.Weinress’s 25-year career includes stints ...

    By Lisa Yoon • Aug. 28, 2001
  • 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 Job Seeker’s Bill of Rights

    What exactly are an executive’s rights when dealing with an executive search firm?What does the process entail? How long will it take? What will the search firm expect from you? Most important, what are your rights and obligations during the process?In retained executive search, consultants endea...

    By CFO Editorial Staff • Aug. 27, 2001
  • 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

    Oil Patch Vet Moves to Penn Virginia

    Radnor, Pa.-based Penn Virginia Corp., a natural gas producer, named Frank Pici chief financial officer. He will replace James Idiaquez, who is retiring.Pici is a veteran of the energy business. Most recently he served as CFO at Mariner Energy Inc., a privately held, Houston-based oil and gas exp...

    By Jennifer Caplan • Aug. 27, 2001
  • 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

    Janus Capital Appoints New Finance Chief

    Managers at Denver-based mutual fund giant Janus Capital Corp., added a star to its executive roster. Loren Starr, a former manager at rival Putnam Investments, was tapped chief financial officer. The position at Janus, which is a division of Stilwell Financial Inc., had been vacant since Septemb...

    By Jennifer Caplan • Aug. 24, 2001
  • 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

    One Man’s Junk…

    Q: We are contemplating the purchase of equipment and receivables from a creditor group under a Chapter 11 bankruptcy in the state of Tennessee. Our Texas based C corporation would borrow some funds and use equity for the balance to purchase assets for approximately $3 million dollars.I have seve...

    By CFO Editorial Staff • Aug. 24, 2001
  • 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

    Japan Said to Ban 401(k)s from Boosting Company Stock

    Rules on Japan’s new 401(k)-type pension scheme that would ban companies from promoting their own shares and bonds in order to push up prices have been drawn up by the country’s labor ministry, Reuters reports.The news service quoted the Nihon Keizai Shimbun, a Japanese business daily, as saying ...

    By CFO Editorial Staff • Aug. 23, 2001
  • 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

    HealthSouth Promotes CFO and Controller

    Salt Lake City-based Groen Brothers Aviation, Inc., a developer of commercially-viable gyroplanes, a hybrid aircraft, announced today that Robin H. H. Wilson joined the company as chief financial officer and head of business development. He will also become a member of the company’s board of dire...

    By Jennifer Caplan • Aug. 23, 2001
  • 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

    Three More CFOs Now ”Pursuing Other Opportunities”

    Boston-based Brown & Company Securities Corporation, a wholly-owned discount online brokerage arm of global financial services firm J.P. Morgan Chase & Co., appointed Karen Vernamonti chief financial officer. Vernamonti joins Brown & Company from rival CSFBdirect, where she was CFO an...

    By Jennifer Caplan • Aug. 22, 2001
  • 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

    Most Unforgettable Character? Reader’s Digest Hires New CFO

    Managers at Pleasantville, N.Y., based publisher, Reader’s Digest Association Inc., replaced chief financial officer, George Scimone, with Michael S. Geltzeiler. Geltzeiler will oversee all of the global financial operations at Reader’s Digest. A representataive of the publishing company told Reu...

    By Jennifer Caplan • Aug. 21, 2001
  • 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

    Homeseekers.com Cleans House

    Some former officers ofHomeseekers.com Inc. are looking for new places to dwell. The online real-estate company said CFO Dennis P. Gauger resigned, along with CEO John Giaimo and board member Bradley N. Rotter. According to a company statement, these changes are part of Homeseekers.com’s “ongoing...

    By Lisa Yoon • Aug. 20, 2001
  • 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

    US Air Officials Have $45 Million Incentive to Quit

    Dow Jones CustomClips Copyright 2000 Dow Jones & Company, Inc. (Copyright (c) 2001, Dow Jones & Company, Inc.)Come Oct. 12, the three top executives of US Airways Group Inc. will have 30 days to consider quitting and receiving a total of $45 million in “liquidated damages” and retirement ...

    By CFO Editorial Staff • Aug. 20, 2001
  • 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

    Thinking Inside the Box

    Surprise! Fast-food chain operator Jack in the Box Inc. named John F. Hoffner to the posts of EVP and CFO. No stranger to chain-store management, Hoffner joins the San Diego-based company from Cost Plus Inc., where he was EVP of administration and CFO. He has also held senior-level stints at Swee...

    By Lisa Yoon • Aug. 17, 2001
  • 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

    Off the Hook?

    Q: Our company is considering changing to a 401(k) that allows for self-direction by participants of funds. The trustees believe this will relieve them of fiduciary responsibility. Does it?M.S.SeattleA: Self-directed accounts, or brokerage links, are becoming very popular options in defined contr...

    By CFO Editorial Staff • Aug. 17, 2001
  • 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

    America West Upgrading Its Former CFO?

    It appears W. Douglas Parker will be moving over to the left seat at America West Holding Corp. The Wall Street Journal reports that CEO William Franke is expected to recommend one-time CFO Parker for the top post at the holding company and its America West Airlines subsidiary. If approved, the a...

    By Lisa Yoon • Aug. 16, 2001
  • 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

    At Close Range

    Apparently, managers at Edgewater Technology didn’t get overly concerned in December when employee Michael McDermott berated workers in the company’s accounting department. McDermott, a software engineer and tester at the Wakefield, Mass.-based ecommerce consultancy and systems integrator, was re...

    By John Edwards • Aug. 15, 2001
  • 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

    Apple CFO on Board at 3Com?

    Bingo! Littlefield Corp. has a winner. Management at the Austin, Tex.-based bingo-hall operator promoted Kathy Scanlon to CFO and chief administrative officer. Scanlon was previously the company’s controller. Prior to working at Littlefield, Scanlon served as CFO at Southwest Recreational Industr...

    By Lisa Yoon • Aug. 15, 2001
  • 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

    HearMe No More

    HearMe Out: Linda Palmor stepped down as CFO of voice- over IP technology company HearMe. According to a company statement, Palmor’s resignation, along with that of CEO Rob Csongor, is part of a “wind down process.” Translation: the company is being shuttered. According to Csongor, “the deepening...

    By Lisa Yoon • Aug. 14, 2001
  • 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

    Substitute Teacher

    IBM Corp. faced a difficult problem teaching nonfinance personnel about finance recently. A new sales methodology being introduced to its 5,000 far-flung global sales managers involved some basic finance concepts— like cost justification and payment options—that were unfamiliar to them. And the W...

    By Lisa Yoon • Aug. 14, 2001
  • 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

    Feeling the Crunch

    No more granola for Mary Beth Lewis. The CFO at Wild Oats Markets Inc. apparently resigned from the job three weeks ago — although management at the natural foods retailer did not make the news public until Friday. Lewis’s resignation comes after the company reported a $3.4 million pro-forma loss...

    By CFO Editorial Staff • Aug. 13, 2001