Human Capital: Page 205

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    Today’s CFOs on the Move:

    AT&T Corp. called on John Adams to take the role of VP and CFO of AT&T Business Services,. He joins AT&T from consultancy Electronic Data Systems Corp., where he was corporate VP and controller.Open Market Inc. is opening its doors to new CFO Edward M. Durkin. He joins the Burlington,...

    By Lisa Yoon • Nov. 17, 2000
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    Today’s CFOs on the Move

    Keeping Us Guessing: Apparel manufacturer Guess? Inc. said CFO Brian Fleming resigned, effective immediately. The company is searching for his replacement. The news comes on the heels of yesterday’s announcement of its new president and COO, Carlos Alberini, former CFO of Footstar Inc. Fleming ma...

    By Lisa Yoon • Nov. 16, 2000
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    The SEC Rules on Auditor Independence

    The Securities and Exchange Commission today voted unanimously to revamp regulations governing audit firms and the standards by which the independence of their work is to be judged. While the regulations are more stringent than the 18-year-old rules they replace, the new rules reflect much of the...

    By Ed Zwirn • Nov. 15, 2000
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    Today’s CFOs on the Move (Update)

    Carlos Alberini is stylin’ and profilin’. The CFO of Footstar Inc. is stepping into a new office at Guess? Inc. He’ll be president and COO of the Los Angeles-based clothing and accessories firm effective December 11. The Mahwah, N.J.-based footwear retailer is searching for his successor. Alberin...

    By Lisa Yoon • Nov. 15, 2000
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    Today’s CFOs on the Move (Update)

    Domestic Bliss: Home-and-family media company Meredith Corp. said Christopher M. Little, SVP and president of Meredith Publishing Group, is retiring effective December 31. He will be succeeded by one-time CFO Stephen M. Lacy, who will also keep his current job as president of Meredith interactive...

    By Lisa Yoon • Nov. 14, 2000
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    Today’s CFOs on the Move (Update)

    “Gentleman, Start Your Engine.” We’re talking to Aurelian Bukatko, who’s been named executive VP and CFO of Oxford Automotive Inc., a Tier 1 OEM automotive supplier. Bukatko joins the Troy, Mich.-based company from Hayes-Lemmerz International, a manufacturer of steel and aluminum parts for automa...

    By Lisa Yoon • Nov. 13, 2000
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    Today’s CFOs on the Move

    “You’re going to like the way your financials look. I guarantee it.” Men’s Wearhouse Inc. appointed Neill P. Davis to SVP, CFO, and treasurer. Davis had been VP and treasurer of the Fremont, Calif.-based men’s-clothing retailer. He joined the firm in 1997.Captain Kirk: Houston-based Duke Energy n...

    By Lisa Yoon • Nov. 10, 2000
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    In Layoffs, Image is Everything

    The technique a company uses in handling layoffs affects its corporate brand, as well as that company’s future ability to attract employees. This is Andersen’s primary finding in a recent survey conducted with Vault Inc.“The survey results show that companies are not handling layoffs well and, in...

    By Stephen Taub • Nov. 9, 2000
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    Today’s CFOs on the Move (Update):

    Top Hat: Linux-software maker Red Hat Inc. promoted VP of operations Kevin Thompson to CFO. Before joining Red Hat last month, Thompson was a partner in the global technology industry group of PricewaterhouseCoopers LLP. He replaces Hal Covert, who left the Research Triangle Park, N.C.-based comp...

    By Lisa Yoon • Nov. 9, 2000
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    Who’s Afraid of a Higher Minimum Wage?

    Congress is once again on the verge of presenting a minimum wage increase to the President, and, not surprisingly, some business interests are up in arms. H.R. 2614, which also contains $245 billion in tax cuts See earlier story on tax bill would raise the minimum wage by $1, to $6.15 per hour, o...

    By Jennifer Caplan and Ed Zwirn • Nov. 9, 2000
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    Employees Still Crave Options

    Has the collapse in Internet and tech stocks soured employees on stock options? Surprisingly, no, according to the fifth annual Strategic Rewards survey from compensation consultant Watson Wyatt Worldwide.Fifty-one percent of the top-performing workers polled in this year’s survey entitled “Strat...

    By Craig Schneider • Nov. 8, 2000
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    Today’s CFOs on the Move (Update)

    Lightnin’ Hopkins: In an effort to bounce back from its recent troubles, which include a 22-percent drop in Q4 profits, telecommunications equipment maker Lucent Technologies Inc. has reorganized the duties of some top executives to mesh its sales and service organizations and quicken the pace of...

    By Lisa Yoon • Nov. 8, 2000
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    Today’s CFOs on the Move:

    Pony Boy: Gerald M. Chaney was named the new CFO of Polo Ralph Lauren Corp.He succeeds Nancy A. Platoni- Poli, who resigned to pursue other interests. Platoni-Poli made $477, 050 last year at the New York-based clothing company. Chaney joins Polo from Kellwood Co., where he was VP of finance and ...

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

    “I’d Rather Be Golfing:” Darl Hatfield will step down as VP and CFO of Adams Golf at the end of the year for health reasons. Former InterWorld Corp. CFO Russell Fleischer will succeed him. Hatfield, who made $197,000 last year, will stay on as part-time consultant at the Plano, Tex.-based firm.A ...

    By Lisa Yoon • Nov. 6, 2000
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    Today’s CFOs on the Move:

    The Price is Not Right: Name-your- own-price Web site Priceline.com said CFO Heidi Miller is leaving “to pursue other opportunities and apply her talents in a more established business environment.” She will be replaced by VP of finance Bob Mylod. The announcement came along with news that the co...

    By Lisa Yoon • Nov. 3, 2000
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    Health Care: Pay it Forward

    The focus may be on rising energy costs lately, but it’s another sector that promises to be at least as much of a pain in employers’ sides next year: health care. Already weary from stiff health care cost increases over the last few years, employers face another year of double-digit price hikes. ...

    By Michelle Gabrielle • Nov. 2, 2000
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    Today’s CFOs on the Move:

    He’s the One: Princeton, N.J.-based OnePath Networks named Mark Scagliuso to the position of VP and CFO. He joins the manufacturer of broadband optical systems and products from Antec Corp., based in Duluth, Ga., were he was VP and chief accounting and information officer.Broadbandit: In other br...

    By Joseph McCafferty • Nov. 2, 2000
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    Keeping 401(k) Contributions Alive

    Disability and retirement may not be concepts that prey on the brains of many denizens of the new economy, where youth rules and serious injuries are relatively few. But a recent IRS ruling enabling a 401(k) plan to buy long-term disability insurance may put the spotlight on a problem Silicon Val...

    By David Katz • Nov. 2, 2000
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    Talking to Each Other

    At its most basic, the Internet is a wonderful way to communicate. Hit that “send” button and off goes the e-mail, trailing attachments, to everybody in the firm and beyond. No wonder companies find it a perfect way to talk to their staff. No wonder it is so useful — but also so dangerous — when ...

    By Economist Staff • Nov. 1, 2000
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    Seniors Apply Themselves

    Move over, Gen- Xers. A new law passed in April allows people age 65 and over to earn as much income as they want without compromising their Social Security benefits, reversing the previous policy of subtracting $1 in benefits for every $3 earned above a threshold amount ($17,000 in 2000). But it...

    By Alix Stuart • Nov. 1, 2000
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    Out of Control(lers)

    Last February, John Dutil left his job as CFO at a small private company to become the corporate controller at bigger, publicly traded TrueTime Inc., a $20.6 million precision time and frequency devices maker. The move was calculated to build his skill set, gain some options, and eventually get p...

    By Alix Stuart • Nov. 1, 2000
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    Troubled Kingdom

    Burger King Corp. is not having its way. Not only did the hamburger giant lose its CEO, Dennis Malamatinas, to Priceline.com in August, but now its CFO, Colin Heggie, has sped away from the drive-thru window to become EVP and finance chief at Fitness Holdings Worldwide, in San Francisco.Burger Ki...

    By CFO Editorial Staff • Nov. 1, 2000
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    Careers: New Economy Jobs Lose Their Luster

    So how’s the job market for chief financial officers these days? All things being equal, it’s still fairly strong, say two executive recruiters. But unlike the irrational exuberance that pervaded late 1999 and early 2000, CFO job candidates can no longer count on gold-plated option packages leadi...

    By Joseph Radigan • Nov. 1, 2000
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    Today’s CFOs on the Move:

    A New Day in Arthur’s World? Beleaguered kids’ TV producer Cinar Corp., which produces the popular animated children’s show Arthur, named George Rossi to SVP and CFO. He joins Cinar from a U.S. unit of Astral Group, where he was president. Before joining Astral, he was CFO of Radiomutuel.With Ros...

    By Lisa Yoon • Nov. 1, 2000
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    Help Wanted (And How)

    Earlier this year, Rep. Dick Gephardt (D­-Mo.) paid a visit to SkillsVillage Inc., a Silicon Valley up-and-comer. Photo ops with dot-coms have become de rigueur for politicians these days, but this was something more: Gephardt was looking for answers to the IT labor shortage, and he hoped the San...

    By Scott Leibs • Nov. 1, 2000