Human Capital: Page 21
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
GameStop Stock Soars After CFO Resigns
GameStop shares soared again on Wednesday after the troubled retailer said CFO Jim Bell is resigning after less than two years of trying to help guide it out of dire financial straits.The announcement of Bell’s departure came about a month after a trading frenzy fueled by retail investors sent Ga...
By Matthew Heller • Feb. 24, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Rolls-Royce Hires Former Deloitte Partner as CFO
Rolls-Royce, which has been struggling to weather the historic aerospace downturn resulting from the coronavirus pandemic, has named former Deloitte partner Panos Kakoullis as its new chief financial officer.Kakoullis will succeed Stephen Daintith in May, joining a company that according to The T...
By Matthew Heller • Feb. 16, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
United Airlines CEO Backs Vaccine Mandate for Workers
United Airlines may become one of the first companies to require employees to be vaccinated against the coronavirus. “The worst thing that I believe I will ever do in my career is the letters that I have written to the surviving family members of co-workers that we have lost to the coronavirus,” ...
By Matthew Heller • Jan. 22, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Biden to Name Gary Gensler as SEC Chairman
President-elect Joe Biden will reportedly name former commodities regulator Gary Gensler to head the U.S. Securities and Exchange Commission, an appointment that could mean a sharp shift toward tougher regulation of Wall Street.Reuters cited two sources familiar with the matter in reporting that ...
By Matthew Heller • Jan. 13, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Amazon-Backed Health Venture to Shut Down
Amazon, Berkshire Hathaway, and JPMorgan Chase are shutting down the Haven joint venture that they formed three years ago to reduce their health care costs.As CNBC reports, the announcement in January 2018 that the three companies had teamed up “to tackle one of the biggest problems facing corpor...
By Matthew Heller • Jan. 5, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Biden to Tap Brian Deese as Top Economic Aide
President-elect Joe Biden has settled on Brian Deese, a senior Obama administration official with Wall Street ties and climate policy expertise, as his top economic adviser.According to Axios, Biden plans to tap Deese, 42, as director of the National Economic Council, bringing him back to the Whi...
By Matthew Heller • Nov. 30, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
SEC Proposes Equity Pay for Tech Firm Gig Workers
The U.S. Securities and Exchange Commission has proposed rule changes that would allow tech firms to pay gig workers up to 15% of their annual compensation in equity rather than cash.The changes would apply for a five-year trial period to Rule 701, which permits companies to issue securities as a...
By Matthew Heller • Nov. 25, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Biden to Name Ex-Fed Chair Yellen to Lead Treasury
Former Fed Chair Janet Yellen President-elect Joe Biden is expected to nominate former Federal Reserve Chair Janet Yellen as his Treasury Secretary, a historic choice for leading his economic response to the coronavirus pandemic.Yellen would be the first woman to head the Treasury Department, fol...
By Matthew Heller • Nov. 24, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Apple Rebukes Supplier for Labor Code Violations
Apple has suspended future business with Taiwan’s Pegatron after discovering improper labor practices at Chinese factories operated by the second-largest iPhone assembler.Apple’s move to put Pegatron on probation, announced Monday, is a “rare rebuke” for a high-profile supplier and underscores th...
By Matthew Heller • Nov. 9, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Weekly Jobless Claims Fall Slightly to 840,000
The number of Americans who applied for jobless benefits last week fell less than expected as the pace of the labor market’s recovery from the coronavirus pandemic continues to slow.The Labor Department said initial jobless claims filed through state programs slid to 840,000 in the week ended Oct...
By Matthew Heller • Oct. 8, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Health Benefit Costs Seen Rising 8.1% in 2021
Employer-sponsored health care benefit costs are expected to increase more than 8% globally next year as workers get treatment they had deferred due to the coronavirus pandemic, according to a Willis Towers Watson report.Amid the pandemic, the consulting firm’s 2021 Global Medical Trends Survey f...
By Matthew Heller • Oct. 6, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Ford Targets White-Collar Job Cuts in U.S.
Ford Motor said Wednesday it is offering voluntary buyouts to white-collar employees in the U.S. as it continues to pivot toward new technologies including all-electric vehicles.The automaker hopes to trim at least 1,400 salaried workers through the buyouts, a Ford spokesman told CNBC. It has bee...
By Matthew Heller • Sept. 2, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
9 Tips for Hiring and Retention During the Crisis
Since February, senior executives have increasingly been asking how the pandemic, and now the presumed recession, will affect hiring in 2020.The answer is that it will vary. In any time of economic distress, not every industry slows down. While some companies lay off people, others hire them. As ...
By Lisa Rangel • March 24, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Companies Help Hourly Workers Get Through COVID-19
It’s the kind of feel-good story that is now emerging fairly often in the time of COVID-19: A large majority of companies are lending a helping hand to their hourly employees.In a Gartner survey of 200 CFOs conducted on March 17, 81% of the respondents said they intend to offer benefits to their ...
By David McCann • March 24, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Crisis Management: The Overlooked Leadership Skill
No one thinks much about a certain leadership quality — until the you-know-what hits the fan.The quality I’m referring to is crisis management.Thankfully, true crises are relatively rare occurrences. They are the black swans of leadership.We’ve done nearly 70 million assessments of executives, so...
By David McCann • March 17, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Wells Fargo Cancels Ex-CEO’s $15M Stock Award
Former Wells Fargo CEO Tim Sloan has lost a $15 million stock bonus he received while he was attempting to restore the bank’s fortunes in the wake of its fake-accounts scandal.Wells Fargo disclosed Monday in a regulatory filing that it had clawed back the February 2019 award, saying it was condit...
By Matthew Heller • March 17, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Coronavirus Relief Bill Faces Holdup in Senate
A bill to ease the financial burden from the coronavirus has passed the House but may face opposition from senators concerned about its paid sick leave provisions.The Families First Coronavirus Response Act — which passed the House on a 363-40-1 vote on Saturday — had yet to be delivered to the S...
By Matthew Heller • March 16, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Toyota Taps Younger Generation With New CFO
Kenta Kon Toyota Motor Corp. has named Kenta Kon as its next CFO as part of a management reorganization aimed at making the company more nimble amid sweeping changes in the auto industry.Kon, 51, will add the CFO duties to his existing portfolio as chief officer of Toyota’s accounting group. He w...
By Matthew Heller • March 4, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Silicon Valley CFOs Decry Some Local Issues
The exorbitant costs and long commuting times that prevail in the San Francisco Bay area are plaguing operations for Silicon Valley companies, according to local finance chiefs.Morning traffic on Highway 101 in Silicon Valley Among 144 CFOs polled by the San Jose chapter of Financial Executives I...
By David McCann • March 3, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
U.S. Supreme Court Sides With ERISA Plaintiff
The U.S. Supreme Court rejected a timeliness challenge to an ERISA class action against Intel, potentially making it easier for retirement plan beneficiaries to sue administrators for investing plan funds imprudently.The plaintiff in the case, former Intel engineer Christopher Sulyma, alleged Int...
By Matthew Heller • Feb. 27, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Why Are More U.S. CEOs from South Asia than East Asia?
In just the past three months, executives with Indian heritages have been announced as the new CEOs of Alphabet, IBM, and WeWork.The appointments were notable because Asians have historically been underrepresented in leadership positions in the United States, despite being on average better-educa...
By David McCann • Feb. 21, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Political Fires Are Distracting Many U.S. Workers: Gartner
America’s polarized political climate appears to be significantly affecting employee productivity, according to research by Gartner.Among 500 employees nationwide surveyed in February, 47% reported that debate surrounding the 2020 elections is impacting their ability to get work done.A third (33%...
By David McCann • Feb. 19, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Want to Be a CFO? Consider Some Numeric Body Art
There are all kinds of ways to get on an upwardly mobile track that may culminate in a CFO appointment.Even getting a tattoo.Just ask Dave Raszeja. He’s got one on his right arm that sports the first 100 digits of pi.Dave Raszeja “Getting the pi tattoo was probably one of my better career moves,”...
By David McCann • Feb. 13, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Northrop Names Former CSRA Exec as CFO
David Keffer Northrop Grumman has named veteran finance executive David Keffer as its new CFO, replacing Kenneth Bedingfield.Keffer has most recently been a general partner at investment firm Blue Delta Capital Partners after previously serving as CFO at CSRA and its predecessor company SRA Inter...
By Matthew Heller • Feb. 6, 2020 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Have Virtual Workers? Here’s What to Tell Them
You see them in coffee shops, restaurants, and bookstores — anyplace with Wi-Fi, power outlets, and a decent chair. Two percent battery life is the kiss of death, second only to loud noises, which send them scurrying like Dracula from light, clutching their laptops and pressing their smartphones ...
By David McCann • Feb. 5, 2020
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