Human Capital: Page 206

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    COLUMN: Xenakis on Technology (10/31/00)

    Xenakis on Technology will appear each week in CFO.com, covering technology topics of interest to financial executives. John Xenakis has been in the computer industry for over 30 years and a technology journalist for 20 years. From 1992 to March, 2000, he was Technology Editor of CFO Magazine and...

    By John Xenakis • Oct. 31, 2000
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    Today’s CFOs on the Move:

    Entre vous: Thomas Prescott Russo was named CFO of EntreMed Inc., a Rockville, Md.-based biotech firm. The former CFO of Electronic Trading Solutions Inc. replaces R. Nelson Campbell, who resigned. Campbell was CFO of EntreMed since 1997. He made $189,000 last year.In Cahoots: John Fallini was na...

    By Lisa Yoon • Oct. 31, 2000
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    Today’s CFOs on the Move:

    It’s Checkout Time for Kenneth Weber. He’s resigned as CFO of John Q. Hammons Hotels Inc., the hotel builder with brands such as Embassy Suites and Marriott, to pursue other interests. The Springfield, Mo.-based company will begin a search for his successor immediately. Weber made $333,000 last y...

    By Lisa Yoon • Oct. 30, 2000
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    Today’s CFOs on the Move:

    The Recovery Room: Profit Recovery Group International Inc. announced that CFO Scott Colabuono resigned along with COO Michael Lustig. Donald E. Ellis will take over the chief financial duties at the Atlanta-based recovery audit and cost- containment services provider. Ellis was CFO of PRG from 1...

    By Joseph McCafferty • Oct. 27, 2000
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    Career Moves:Is Lucent CFO Hopkins the Next to Go?

    Lucent Technologies finally pointed its fingers, publicly, at the chief source of its sliding success: chairman and chief executive, Richard McGinn. This recent “ousting” of McGinn now leads one to wonder: Who will be next? Afterall, when a CEO gets canned the CFO is frequently soon to follow.Mir...

    By Michelle Gabrielle • Oct. 26, 2000
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    Today’s CFOs on the Move

    We Hope You Enjoy Your Flight: UAL Corp. announced the creation of its venture arm, United New Ventures. Its management team includes United Airlines executive VP and CFO Doug Hacker, who will president of United New Ventures. Hacker will retain his current CFO post at the Chicago-based airline.“...

    By Lisa Yoon • Oct. 26, 2000
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    Today’s CFOs on the Move:

    “Jeeves, what gives?” Emeryville, Calif.-based search engine AskJeeves Inc. announced the resignation of CFO Tom Low, who joined the company in April. The Internet company said he resigned to pursue other interests. President Adam Klein will handle financial responsibilities until the company fin...

    By Lisa Yoon • Oct. 25, 2000
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    Today’s CFOs on the Move:(Updated)

    DUSA Pharmaceuticals Inc. hopes its new CFO John Mattern will keep it healthy. The Wilmington, Mass.-based biopharmaceutical company promoted Mattern from VP of finance. The CFO duties were previously performed by president and CEO D. Geoffrey Shulman.Richard A. Heddleson is putting on his red an...

    By Lisa Yoon • Oct. 24, 2000
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    Benefits: Be Careful Whom You Fire

    Alert to senior executives: Don’t fire employees just before their stock options vest. And be careful about the promises you make in your personnel policies, even if they’re the most humane ones in the world.Those are the cautionary notes employers can glean from the Oct. 5 California Supreme Cou...

    By David Katz • Oct. 24, 2000
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    What Did Chevron Pay at Texaco’s Pump?

    Not all mergers are created equal. Consider Chevron’s announcement last week that it will buy Texaco for $35 billion. The deal’s status as the third largest merger in the oil and gas industry’s history was sure to grab headlines, but several industry analysts have drilled into the numbers at the ...

    By Craig Schneider • Oct. 24, 2000
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    Today’s CFOs on the Move:

    L. Jean Dunn is clearing his mind for hid new job at mental-healthcare-programs developer PMR Corp. He was appointed CFO of PMR and its subsidiary, InfoScriber Corp. Dunn, who Joins PMR from Elemental Software, which was acquired by Web- publisher Macromedia, is the San Diego-based company’s firs...

    By Lisa Yoon • Oct. 23, 2000
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    Today’s CFOs on the Move:

    Emergency Landing: Lockheed Martin announced the appointment of CFO Robert J. Stevens as successor to president and COO Louis R. Hughes. Hughes, who joined the Bethesda, Md.-based aerospace and defense firm in April, resigned for personal and family reasons. Stevens will continue as CFO until a r...

    By Joseph McCafferty • Oct. 20, 2000
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    Today’s CFOs on the Move:

    David V. Singer is enjoying Coca- Cola. The CFO of Coca-Cola Bottling Co. Consolidated was promoted to executive VP. He will keep his CFO title. Singer made almost $442,000 including bonuses last year at the Charlotte, N.C.-based Coke bottler. The announcement came along with the appointment of W...

    By Lisa Yoon • Oct. 19, 2000
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    Today’s CFOs on the Move:

    Power to the People: PeopleSoft Inc. named Kevin Parker to the CFO post. The news came as the company announced a healthy third- quarter profit, compared to a loss a year ago. Parker succeeds Steve Hill, who was promoted to SVP of business development at the Pleasanton, Calif., business- manageme...

    By Lisa Yoon • Oct. 18, 2000
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    Show Me the Money

    Now that Internet companies have woken up and smelled the toast burning, it seems that one thing they’re starting to realize is the importance of paying people cash. That’s according to a recent survey by PricewaterhouseCoopers LLP’s human resources consultancy, Unifi Network, which found that In...

    By Lisa Yoon • Oct. 18, 2000
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    Today’s CFOs on the Move:

    HisJob.com: Robert L. Gray was named CFO of Myjobs.com, an online career fair. According to the Chicago- based company, Gray previously held senior finance jobs at two unnamed middle-market public companies. Gray is the company’s first CFO.Keeper of the House: Anthony S. Cleberg is the new CFO of...

    By Lisa Yoon • Oct. 17, 2000
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    Death, Taxes and H&R Block

    Each year, 14% of all Americans hire H&R Block to file their tax returns. This means 86% don’t.So, CFO and executive vice president Frank J. Controneo thinks Block has figured out a way to sign up many of the people who don’t use his services. And in the process, the company can finally solve...

    By David Katz • Oct. 17, 2000
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    How to Tap India’s Cheap IT Labor

    If Columbus found the elusive spice route to India today, he’d still discover a little piece of America. This is because U.S. companies are increasingly colonizing in southern cities such as Bangalore and Hyderabad, seeking salvation from a tight IT labor market and developing the next Silicon Va...

    By Craig Schneider • Oct. 17, 2000
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    Today’s CFOs on the Move:

    Getting ready to rumble: America Online and Time Warner today announced the finance organization of the soon-to-be merged company, AOL Time Warner: John LaBarca, senior vice president, financial operations. LaBarca’s responsibilities will include merger integration tracking, internal audit and pu...

    By Lisa Yoon • Oct. 16, 2000
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    Today’s CFOs on the Move:

    Individual Investor Group said that Gregory Barton will assume the duties of finance chief in addition to his current responsibilities as VP of business development and legal affairs. He is replacing David Allen, who is leaving the New York City-based financial media company, along with president...

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

    Let it Ripp: Joseph A. Ripp, former EVP and CFO of Time Warner, was named CFO of America Online, following the completion of the planned merger of the media giants. Ripp will replace J. Michael Kelly, who was previously named CFO of AOL Time Warner, the merged company’s new name.Before becoming e...

    By Lisa Yoon • Oct. 12, 2000
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    Stock Options: No Ifs, Calls, or Puts?

    With stock option grants increasingly seen as a magic elixir for motivating employees, keeping the cost from hurting shareholders has required more and more financial alchemy. The latest trick? As they buy shares in the open market to soak up the dilution from option grants, more and more compani...

    By Virginia Munger Kahn • Oct. 12, 2000
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    Career Moves: How to be a Survivor

    How does life in the executive suite differ from the TV reality show “Survivor”? In the corporate world, when a CEO gets voted off the island, or even ships out voluntarily, the CFO typically gets dumped, too. Indeed, Heidrick & Struggles International Inc. calculates that more than 70 percen...

    By Alix Stuart • Oct. 12, 2000
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    Recruiting: President to Sign H-1B Visa Bill

    A White House spokesman assured CFO.com that President Clinton is prepared to sign into a law an increase in the ceiling for H-1B visas, a step that’s been a key priority for high-tech companies in a tight labor market. The bill sailed through Congress last week, but in the past, the President ha...

    By Craig Schneider • Oct. 12, 2000
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    Bracing for the Start of Earnings Season

    Okay nervous nellies. Are you ready? After several weeks of market rocking earnings warnings, the real numbers begin rolling in today. These results will have a huge impact on how the overall stock market performs over the next few months and how receptive investors will be to new issues of stock...

    By Stephen Taub • Oct. 10, 2000