Human Capital: Page 204

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    Today’s CFOs on the Move:

    Energize This: Charlotte, N.C.- based Duke Energy Corp. named Robert P. Brace EVP and CFO. Brace, 50, joins Duke from British Telecommunications Plc (BT) in London, where he served as group finance director. He replaces Richard Osborne, who was named the multinational energy supplier’s chief risk...

    By Michelle Gabrielle • Dec. 12, 2000
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    Today’s CFOs on the Move:

    Handing Over the Controls: W. Michael Barnes announced that he would retire as CFO of Rockwell International Corp. , after the company completes its spinoff of its Rockwell Collins avionics and communications business. Vice president of finance for Rockwell Automation Michael Bless will succeed B...

    By Joseph McCafferty • Dec. 11, 2000
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    Today’s CFOs on the Move:

    Rawlings Sports a new CFO: William L. Lacey was named VP and CFO of Rawlings Sporting Goods Co. of Fenton, Mo. He succeeds Michael Luetkemeyer who resigned in September. Lacey spent 13 years with sporting goods rival DP Fitness Inc.Serving Financial Services: Sanchez Computer Associates Inc. name...

    By Joseph McCafferty • Dec. 8, 2000
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    E-Commerce: Dot-coms Navigate Holiday Traffic

    Looks like this season’s holiday traffic won’t just be on the roads. This month, cyberspace will be jam-packed, with over 55 million visitors to Internet retail sites—up from 14 million in the same period last year, says Sean Kaldor, vice president of Internet commerce of NetRatings, a Milpitas, ...

    By Michelle Gabrielle • Dec. 7, 2000
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    Today’s CFOs on the Move

    Ken Barber is searching for some different scenery. The CFO and acting CEO of Internet search engine Alta Vista Co. is retiring at the end of the year. Bret England, who has been acting CFO, will assume the CFO title permanently at the Palo Alto-based firm owned by CMGI Inc..George P. Scanlon is ...

    By Lisa Yoon • Dec. 7, 2000
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    Today’s CFOs on the Move

    VMware Inc. is serving up a new CFO. Mike Everett joins the Palo Alto, Calif.-based server software developer from Netro Corp., where he was executive VP and CFO.Laurence P. Birch is the solution for Technology Solutions Co. He joins the Chicago-based E-business consulting and systems integration...

    By Lisa Yoon • Dec. 6, 2000
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    $10 Billion BT Deal Caps Telecom Borrowing Spree

    In the last big hurrah of the corporate bond market for this year, British Telecommunications (BT) sold $10 billion of global bonds in four parts this morning. The deal is one of the largest ever to hit the corporate bond market, and is the largest dollar offering ever in that market.In June, Deu...

    By Ed Zwirn and David Katz • Dec. 5, 2000
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    Today’s CFOs on the Move: (Update)

    Finis: It’s really the end for Land’s End Inc. executive VP and CFO Stephen “Chip” Orum, who will retire in early spring. Orum made $375,000 last year and exercised $1.5 million in options. The Dodgeville, Wis.-based Internet and catalogue retailer has not named Orum’s successor, but it did appoi...

    By Lisa Yoon • Dec. 5, 2000
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    Today’s CFOs on the Move

    Betsy Rafael has had her last supper as SVP and CFO of Silicon Graphics Inc. Effective immediately, she is the the executive VP and CFO of San Jose, Calif.-based Aspect Communications Corp., which makes customer relationship management portals.The Missing Link: Lake Forest, Calif.-based FutureLin...

    By Lisa Yoon • Dec. 5, 2000
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    Coke Employees Demand Equality

    The $192 million settlement between Coca-Cola Co. and its salaried African American employees is the largest ever in a racial discrimination case, exceeding the $176 million racial discrimination judgement against Texaco Inc. in 1997. But it may not hold the record for long. “The number of lawsui...

    By Michelle Gabrielle • Dec. 5, 2000
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    Today’s CFOs on the Move

    Alan Bozian will be working banker’s hours soon. He resigned as CFO of E- commerce service provider SmartServ Online Inc. to join Safra National Bank of New York, where he will be senior executive VP, CFO, and global treasurer. Stamford, Conn.- based SmartServ has launched a search for his replac...

    By Lisa Yoon • Dec. 4, 2000
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    Today’s CFOs on the Move

    Maytag Corp. finally got around to doing a load. The Newton, Iowa-based household appliance maker promoted Steven H. Wood to the posts of executive VP and CFO, after being without a permanent finance chief all year. Wood previously served as the company’s VP of financial reporting and audit. It a...

    By Lisa Yoon • Dec. 1, 2000
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    The E-team

    Several weeks ago, Raymond Pawlicki, vice president and chief information officer of Novartis Pharmaceuticals Corp., was preparing for a meeting of the IT steering committee at which the company’s CEO, CFO, and heads of sales and marketing would be briefed on the company’s major IT projects. As h...

    By Scott Leibs • Dec. 1, 2000
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    Hit or Miss

    Southwest Airlines Co. CEO Herb Kelleher is renowned for his iconoclastic approach to management: He’s been known to ask prospective pilots to drop their pants during job interviews, to test their sense of humor. But his company takes employee relations very seriously. In fact, the airline’s empl...

    By Meg Glinska • Dec. 1, 2000
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    From Fire to Fry-o-lator

    CFO John Tate, 50, is leaving San Francisco­ based Williams-Sonoma Inc. for a sweeter deal at Krispy Kreme Doughnuts Inc. in Winston- Salem, N.C.“Most of us have been touched by this magical brand at some time in our lives,” said Tate in a press release. “The opportunity to participate with this ...

    By CFO Editorial Staff • Dec. 1, 2000
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    School for CFOs

    How does GE do it? As the recognized leader in corporate finance training, how does Jack Welch’s $112 billion conglomerate manage to funnel all its young talent up through the ranks?Certainly, Crotonville, the famed General Electric Co. training center in Ossining, New York, is the epicenter of s...

    By Alix Stuart • Dec. 1, 2000
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    Where Have All the CPAs Gone?

    Like a river after a drought hits at its source, the flow of newly minted certified public accountants is thinning. The shortage has reduced Corporate America’s options for filling entry-level finance posts, and has led the Big Five and other bastions of the accounting profession to find ways to ...

    By Kris Frieswick • Dec. 1, 2000
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    Hanging On To Employees

    The dreaded phone call from a headhunter comes. It’s for one of your most highly skilled employees. “But wait,” you want to say, as the worker heads for the door, “are you aware of all the benefits you’re getting from this company?”To get a step up on just such an eventuality, Texas Instruments (...

    By David Katz • Nov. 30, 2000
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    Today’s CFOs on the Move

    Ariba, Ariba! E-commerce service provider Ariba Inc. got its new CFO from the office-supply closet. It appointed Robert Calderoni to the top finance gig. Calderoni, who was CFO of label- maker Avery Dennison Corp., succeeds Ariba co-founder Edward Kinsey, who plans to retire from the Mountain Vie...

    By Lisa Yoon • Nov. 30, 2000
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    Today’s CFOs on the Move (Update)

    Macro-Strategy: Back in March, Vienna, Va.-based business software maker MicroStrategy Inc. suffered an investor- relations nightmare when it had to restate earnings for three years as losses. In order to rebuild credibility with investors, the firm announced two executive promotions and a newly-...

    By Lisa Yoon • Nov. 29, 2000
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    Today’s CFOs on the Move

    What’s in store for Canadian department store company Hudson’s Bay Co.? A new CFO search, for one. Gary Lukassen is retiring as executive VP and CFO next year. Lukassen started out at the company, which is Canada’s oldest corporation, in 1975 as a controller in the company’s real estate division....

    By Lisa Yoon • Nov. 28, 2000
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    Today’s CFOs on the Move:

    Now You’re Talking: Robert G. McFarlane was named executive VP and CFO of Canadian telecommunications firm Telus Corp. McFarlane was previously executive VP, CFO, and secretary treasurer of Clearnet Communications Inc. before it was acquired by Telus.Dan Crow is having a lot of fun at home entert...

    By Lisa Yoon • Nov. 27, 2000
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    Today’s CFOs on the Move

    The Chemistry is Gone: William McCarthy is retiring as VP and CFO of chemical company Cabot Microelectronics Corp. McCarthy will stay with the Aurora, Ill.-based firm until it finds his successor.Clothes Call: W. Lee Capps III was named VP of finance and CFO of apparel maker Kellwood Co. He succe...

    By Lisa Yoon • Nov. 22, 2000
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    Today’s CFOs on the Move:

    The Logical Choice: Bryon Look was named executive VP and CFO of communications chip maker LSI Logic Corp. He succeeds Douglas Norby, who left the Milipitas, Calif.-based company to become CFO of privately-held Novalux Inc.. He will remain on LSI Logic’s board. Last year, Norby’s compensation was...

    By Lisa Yoon • Nov. 21, 2000
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    Today’s CFOs on the Move

    Tire-d of it All? Bridgestone/Firestone CFO and treasurer Tetsuo Ando retired, amid the massive tire recall. Akira Nozawa, treasurer of parent company Bridgestone Corp., will take over. Last month the Nashville, Tenn.-based tire company named a new chief executive, John Lampe to help guide the co...

    By Lisa Yoon • Nov. 20, 2000