Human Capital: Page 21
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Exxon Turns to Outsider Mikells as New CFO
Kathryn Mikells Exxon Mobil has named former United Airlines CFO Kathryn Mikells to lead its finance team, making her the first woman and outsider to join its management committee.Her appointment as CFO and senior vice president comes three months after activist investor Engine No. 1 led a shakeu...
By Matthew Heller • July 20, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Boeing Names Former GE Exec Brian West as CFO
Brian West Boeing has named Brian West, a former General Electric executive and colleague of CEO Dave Calhoun, to lead its finance department.West will succeed Greg Smith, who is retiring next month after helping steer Boeing through the twin crises of the 737 Max grounding and the coronavirus pa...
By Matthew Heller • July 1, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
JPMorgan Unveils New Health Care Venture
Three months after abandoning a joint venture with Amazon and Berkshire Hathaway, JPMorgan Chase is taking another swing at disrupting corporate health care.The banking giant announced Thursday it had formed a new business unit, Morgan Health, that will focus initially on employees covered under ...
By Matthew Heller • May 20, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
New SEC Enforcement Chief Alex Oh Resigns
Alex Oh Alex Oh, the new head of the U.S. Securities and Exchange Commission’s enforcement unit, has stepped down after only a few days on the job.The SEC announced Oh’s resignation on Wednesday, citing only “personal reasons.” SEC Chair Gary Gensler had appointed her director of the Division of ...
By Matthew Heller • April 29, 2021 -
CFO Editorial Staff
Boeing CFO Smith to Retire After 10 Years
Greg Smith In a surprise move, Boeing said Tuesday that CFO Greg Smith had decided to retire after helping guide the company through the twin crises of the 737 Max grounding and the coronavirus pandemic.Smith, a 30-year Boeing veteran, had occupied the CFO seat for a decade, taking over as interi...
By Matthew Heller • April 21, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Uber to Switch to ‘Hybrid’ Work Model in September
Uber has become the latest big tech firm to announce employees will work on site and remotely when its offices reopen, saying a “hybrid model” will promote productivity and workplace camaraderie.The rideshare company said that starting in September, employees can work from home up to two days a w...
By Matthew Heller • April 15, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Raytheon Names Neil Mitchill as New CFO
Raytheon Technologies has appointed former United Technologies executive Neil Mitchill to succeed Anthony “Toby” O’Brien as CFO a year after the two companies merged to create an aerospace and defense behemoth.Raytheon said Mitchill’s appointment was effective April 7 and O’Brien, who had served ...
By Matthew Heller • April 12, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Corteva Names Dave Anderson as New CFO
Veteran finance executive Dave Anderson is joining Corteva as its new CFO, adding the agribusiness company to a résumé that also includes Nielsen, Honeywell, and ITT Industries.Anderson’s appointment comes weeks after Corteva averted a proxy fight with Starboard Value LP by agreeing to give the a...
By Matthew Heller • April 7, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
JCPenney Offloads $2.8 Billion in Pension Liabilities
JCPenney has completed a transfer of pension risk to annuities provider Athene Holdings that ensures the bankrupt retailer’s retired employees will continue to receive their benefits.Under the terms of the deal, JCPenney transferred $2.8 billion in pension obligations for roughly 30,000 participa...
By Matthew Heller • April 2, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
John Murphy to Retire as Adobe CFO
John Murphy Adobe CFO John Murphy is stepping down after three years of guiding the software maker’s finances.Adobe said Tuesday that Murphy, 52, will retire this year “to spend more time with family and friends and focus on philanthropy” and it will be evaluating internal and external candidates...
By Matthew Heller • March 24, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Ex-GE CFO Miller Named Cargill Finance Chief
Jamie Miller Agribusiness giant Cargill has named its first female CFO, appointing former General Electric executive Jamie Miller to succeed David Dines.Miller also broke the glass ceiling at GE, serving as its first female finance chief from November 2017 to February 2020. She had joined the com...
By Matthew Heller • March 16, 2021 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Heineken to Replace Laurence Debroux as CFO
Harold van der Broek Heineken NV is replacing its CFO in another move to shake up top management as it focuses on its pandemic recovery plan.The world’s second-largest beer maker said Monday that Laurence Debroux will step down next month after six years as CFO and be succeeded by Harold van der ...
By Matthew Heller • March 8, 2021 -
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
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