Human Capital: Page 203

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    First Dot-Com Union Election Postponed (Updated)

    So much for unionizing dot-coms…at least for awhile. The first union representation election at an Internet company was put on hold on Monday after union reps filed new unfair labor practice charges against Etown.com.The impetus for the charges: Etown.com management told employees that there is t...

    By Craig Schneider • Jan. 9, 2001
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    CFO Search Launched at 7-Eleven

    Burning the Midnight Oil:7- Eleven CFO, Ezra Shashoua announced his resignation. He’s planning to take the CFO post at NationsRent Inc., a construction equipment and rental company. Dallas-based 7-Eleven said it is currently searching for a CFO to replace Shashoua, who joined the company as an at...

    By Jennifer Caplan • Jan. 9, 2001
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    A New CFO Checks in at Cendant

    No Vacancies:Cendant Corp. the world’s largest hotel franchiser announced it would name Kevin M. Sheehan, president of corporate and business affairs at Avis Group Holdings Inc., as CFO following the completion of the company’s acquisition of Avis, the rental car chain. Duncan H. Croft will serve...

    By Jennifer Caplan • Jan. 8, 2001
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    Compelling Choices (updated)

    Meanwhile, on Planet Earth: Internet media company Space.com said CFO John Ferrara will add the role of acting COO in a management reshuffle as the New York-based company, devoted to space- related content, works toward profitability. The company also laid off nine workers, adding to the 22 layof...

    By Lisa Yoon • Jan. 5, 2001
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    Today’s CFOs on the Move

    Penney Pincher: Plano, Tex.-based retailer J.C. Penney Inc. named Robert Cavanaugh as its new CFO. Cavanaugh, who was CFO of the company’s Eckerd drugstore chain, succeeds Donald McKay, who retired.iVillage People: Online women’s network iVillage Inc. named Scott Levine to the CFO post on a perma...

    By Lisa Yoon • Jan. 4, 2001
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    Today’s CFOs on the Move:

    Forget Long Distance, Call 911:Long- distance telephone services wholesaler VDC Communications Inc. said chairman and CEO Frederick A. Moran and CFO Clayton F. Moran have resigned to maximize cost cuts. The cuts, implemented as a result of mounting losses and an inability to raise cash, include a...

    By Lisa Yoon • Jan. 3, 2001
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    Today’s CFOs on the Move:

    The End of the Edwardian Era: With the March retirement of St. Louis-based A.G. Edwards Inc. chairman and CEO Benjamin F. Edwards III come several management changes, including a new CFO. Robert L. Proost, who serves as corporate VP, CFO, director of administration, and chairman of A.G. Edwards T...

    By Lisa Yoon • Jan. 2, 2001
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    Cisco Mulls Changes to its Option Strategy

    It’s a dilemma shared by many companies these days, especially victims of the tech meltdown. How do you motivate employees who have seen their companies’ stock price fall well below the strike price on their options?Many companies disdain re-pricing the options, both from a public relations as we...

    By Craig Schneider • Jan. 2, 2001
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    Prodigal CFOs

    It’s déjà vu all over again at InFocus Corp.: CFO Michael Yonker has rejoined the company after three years as CFO of Wieden + Kennedy, a privately held advertising agency.Yonker left InFocus, he says, to spend more time with his children, who were then of high school age. Now he’s heading back f...

    By CFO Editorial Staff • Jan. 1, 2001
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    India’s Most Wanted IT Talent

    It’s a long flight from California’s Silicon Valley to the heart of India’s high-tech corridor. By the time US corporate headhunters emerge at Bangalore’s airport, they’re red-eyed from jet lag and daunted by the heat, the chaos, and the task ahead.They should be, because their job just got a lit...

    By Steven Crane • Jan. 1, 2001
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    Guess? What

    Following in the footsteps of the former CFOs of Nordstrom Inc., Old Navy, and Williams-Sonoma Inc., Brian Fleming, CFO of Los Angeles-based apparel maker Guess? Inc., has found that the retail industry is not quite his style.Fleming’s departure came a day after the company officially hired its f...

    By CFO Asia Staff • Jan. 1, 2001
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    What It Says about a Firm

    iVillage: six CFOs in five years. Delta Air Lines: four in four years. Hastings Entertainment: four in two years. Why all the churn atop corporate finance departments?In Delta’s case, at least, two CFOs (Warren Jenson, now at Amazon.com, and Ed West, now at Internet Capital Group) were lured away...

    By Carol Lippert Gray • Jan. 1, 2001
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    Today’s CFOs on the Move:

    The Friendly CFO: Los Angeles-based Harvey Entertainment Co., which licenses characters for use in movies, TV shows and merchandise, announced that its chief financial officer, Glenn Weisberg resigned and will continue to work with the company on a part-time basis as general counsel. Harvey Class...

    By Jennifer Caplan • Dec. 28, 2000
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    CFOs on the Move

    Netignations: Network Associates Inc., the Santa Clara, Calif.-based software and computer-network security company, announced today that its three top executives have resigned, including chief financial officer Prabhat Goyal, chief executive officer William Larson, and president Peter Watkins. N...

    By Jennifer Caplan • Dec. 27, 2000
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    Today’s CFOs on the Move

    Jumpin’ Juno: Internet services provider Juno Online Services announced on December 24 that Rick Eaton, its CFO, plans to resign to pursue other opportunities. Eaton will leave the company in the first quarter, after the completion of Juno’s 2000 financial statements. The New York- based company ...

    By Jennifer Caplan • Dec. 26, 2000
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    Today’s CFOs on the Move:

    At the Office: Avery Dennison Corp. promoted Daniel O’Bryant to the role of SVP and CFO of the Pasadena, Calif.-based office products company. He succeeds Robert M. Calderoni, who recently announced he was leaving to join Ariba Inc. O’Bryant was most recently general manager of Avery Dennison’s N...

    By Joseph McCafferty • Dec. 22, 2000
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    Today’s CFOs on the Move:

    Too Early for a Gold Watch? Fort Worth-based, PawnMart, Inc., a specialty finance and retail company, announced that Robert W. Schleizer has been appointed SVP and CFO. Schleizer will assume the responsibilities previously held on an interim basis by Monty Standifer. Schleizer has over 20 years o...

    By Michelle Gabrielle • Dec. 21, 2000
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    Today’s CFOs on the Move:

    Potomac Power:Potomac Electric Power Co. named Andrew Williams as its SVP and CFO, effective January 1. The Washington-based utility company said that Williams, currently group VP of transmission and marketing, will succeed Dennis Wraase, who had served as president and CFO since earlier this yea...

    By Michelle Gabrielle • Dec. 20, 2000
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    Today’s CFOs on the Move: (Updated)

    Burning News:Consol Energy Inc., a coal producer in Pittsburgh, Penn., announced that it named William Lyons CFO, effective December 1. Lyons, who has worked for Consol since 1976, most recently as controller and VP, was also named SVP. He replaces Michael Nemser who resigned from his position as...

    By Michelle Gabrielle • Dec. 19, 2000
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    Dot-Com Union Organizer Schedules Election

    In less than one month, a little-known Internet company may make an Amazon-size impact on the entire industry if its voters vote to unionize. Earlier this month, customer service employees of Etown.com, a San Francisco-based electronics product review Web site owned by Collaborative Media, filed ...

    By Craig Schneider • Dec. 18, 2000
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    Today’s CFOs on the Move:

    Quick Find: Web search company, AltaVista, named Bret England as its CFO, one week after its former CFO Ken Barber, said he would retire by year-end. The Palo Alto, Calif.-based company also announced that it will reorganize into two units: consumer search and business solutions services.Check In...

    By Michelle Gabrielle • Dec. 18, 2000
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    E-Learning: The Absent Professors

    In another time Dave Lehman would be in another place — and spending a lot more of his employer’s money. Eager to master the subtleties of Microsoft Office, the popular suite of word processing and business applications, Lehman enrolled in a continuing education class. Until recently, Lehman’s go...

    By Randy Myers • Dec. 15, 2000
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    Today’s CFOs on the Move:

    Back To Bricks:Seth Bressman, CFO at K2 Digital, Inc. said he will leave the New York-based interactive shop by year’s end to pursue an opportunity in human resources. Gary Brown, the company’s current COO, will handle his finance responsibilities. Bressman joins a retreat of executives from the ...

    By Michelle Gabrielle • Dec. 15, 2000
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    Today’s CFOs on the Move: (Updated)

    A Kiss Is But A Kiss: U.S. chocolate maker, Hershey Foods Corp., named Frank Cerminara as CFO. Cerminara joined the Hershey, Pa.-based company 28 years ago as a budget analyst. He will now assume the role of treasurer and will remain a VP of the company. Hershey said William Christ had taken the ...

    By Michelle Gabrielle • Dec. 14, 2000
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    Today’s CFOs on the Move:

    A Devine Choice: General Motors Corp. will name former Ford Motor Co. CFO John Devine as its new CFO. Devine, 56, will succeed J. Michael Losh, who retired effective Sept. 1. Devine left Ford in September 1999 following a management shake-up, saying he wanted “wider responsibilities” elsewhere. S...

    By Michelle Gabrielle • Dec. 13, 2000