Human Capital: Page 23
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Red Hat Fires CFO Over Workplace Standards
Red Hat CFO Eric Shander, who helped steer the open-source software company through its $34 billion acquisition by IBM, has been dismissed for violating workplace standards.Shander’s termination, which was reported Friday by the Raleigh (N.C.) News & Observer, came three months after Red Hat ...
By Matthew Heller • Oct. 11, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Target Names SVP Michael Fiddelke as CFO
After a nine-month search, Target has named an insider, Michael Fiddelke, to succeed Cathy Smith as CFO.Fiddelke has more than 15 years of service at Target, most recently as senior vice president of operations, leading initiatives involving merchandising, supply chain, stores, and guest experien...
By Matthew Heller • Oct. 10, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
GE Freezes Pensions to Reduce Deficit, Debt
General Electric said Monday it will freeze pensions for about 20,000 salaried employees and take other pension-related steps as part of its restructuring plan to reduce debt.The measures are expected to reduce GE’s pension deficit by approximately $5 billion to $8 billion and industrial net debt...
By Matthew Heller • Oct. 7, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
EBay CFO Schenkel Steps in After CEO Resigns
EBay CFO Scott Schenkel is taking over as chief executive after Devin Wenig resigned, citing disagreement with the board over the direction of the online marketplace.Wenig’s departure comes nearly seven months after eBay’s board announced a strategic portfolio review, including its StubHub busine...
By Matthew Heller • Sept. 25, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Overstock Names New CEO, Acting Finance Chief
Jonathan Johnson Overstock, the e-commerce giant that has been reeling from the abrupt departure of its controversial founder, on Monday made its interim CEO the permanent chief and named a new acting CFO.Jonathan Johnson had been serving as interim CEO since founder Patrick Byrne resigned from O...
By Matthew Heller • Sept. 23, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Beyond Discounts: A New Approach to Health Plan Financial Analysis
Larger employers that self-fund their group medical plans have historically selected their health plan administrators based on the available provider network, the discounts applied to in-network services, and the competitiveness of the administrative fee.Access to in-network providers is evaluate...
By David McCann • Sept. 20, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
GM Strike Ripples Out to Suppliers on Day 4
The strike against General Motors entered its fourth day on Thursday amid signs that the dispute is affecting suppliers.The company and the United Auto Workers union met again to negotiate a new contract, with the strike by nearly 50,000 hourly workers having spread across 31 factories and 21 oth...
By Matthew Heller • Sept. 19, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Campbell Soup Hires Chobani’s CFO
Mick Beekhuizen, who’s been CFO of Greek yogurt maker Chobani since early 2016, will jump to a different food business next month as the new finance chief at Campbell Soup, effective Sept. 30.Anthony DiSilvestro, a 23-year Campbell employee who’s been at the finance helm for five and a half years...
By David McCann • Aug. 29, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Are Companies Paying Too Much for New Talent?
Workers generally expect a significant bump in pay when they voluntarily switch employers. Employers understand that. But do job candidates’ expectations regarding the size of the pay hike align with what companies are actually offering?No, according to recent research by Gartner. In fact, U.S. c...
By David McCann • Aug. 27, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Job Openings Are About to Spike
Are you ready to take the next step?According to a 2016 study by Spencer Stuart, the average retirement age for a Fortune 500 CFO was a shade over 58 at that time. My much more informal study of the most recent Fortune list pegs the current average age of those companies’ CFOs at approximately 56...
By John Touey • Aug. 14, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
UPS Hires PepsiCo’s Brian Newman as CFO
Brian Newman United Parcel Service has appointed PepsiCo executive Brian Newman as CFO in the latest hiring of an outsider at a pivotal time for the shipping giant.Newman, currently executive vice president of finance and operations for PepsiCo’s Latin America region, will step into his new role ...
By Matthew Heller • Aug. 13, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Best Delta 8 Gummies
If you have ever used marijuana and liked it, chances are you have tried Delta gummy bear candies. These candy bars are made with Delta8 tetrahydrocannabinol, also known as Delta 8. They were originally designed to help people sleep better at night. Now, scientists have found that these candies m...
By David McCann • Aug. 13, 2019 -
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5 Key Principles of Business Ethics
This may come as no surprise, but a new survey of corporate ethics and compliance managers indicates that companies are trying hard to get their employees to behave in an ethical manner.Change is happening quickly, it seems. In the survey, which polled 480 such managers, 55% of them said their or...
By David McCann • Aug. 1, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
House to Vote for Repeal of ACA’s ‘Cadillac Tax’
The House of Representatives is scheduled to vote late this afternoon on a repeal of the much-reviled “Cadillac tax” provision of the Affordable Care Act.The repeal is widely expected to pass with ease, reflecting broad bipartisan support for jettisoning the tax, a 40% excise tax on the value of ...
By David McCann • July 17, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CBO Gives Mixed Verdict on $15 Minimum Wage
Raising the federal minimum wage to $15 per hour would boost the income of 17 million workers but could also lead to the loss of 1.3 million jobs, according to the Congressional Budget Office.House Democrats have introduced a bill that would gradually raise the federal minimum wage to $15 per hou...
By Matthew Heller • July 9, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Cardinal Health CFO Leaves for Dentsply Job
Cardinal Health CFO Jorge Gomez is leaving the drug distribution company after 13 years and will join dental products maker Dentsply Sirona as its finance chief.Gomez’s departure from Cardinal follows another tough quarter for Cardinal, which, like other drug distributors, has been struggling wit...
By Matthew Heller • July 8, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
VC Industry Makes Slow Progress on Diversity
Venture capital has unquestionably driven economic growth over the past few decades. To what extent isn’t perfectly clear, but it’s a type of financing that appeals to hordes of innovative, forward-looking companies.However, the VC industry is arguably somewhat out of step with the times with res...
By David McCann • July 8, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
IMF’s Christine Lagarde Named as New ECB Chief
Christine Lagarde The European Council has nominated IMF chief Christine Lagarde as the new president of the European Central Bank, giving a self-confessed economic outsider the challenge of helping stimulate the eurozone economy.If confirmed by European leaders, Lagarde would be the first woman ...
By Matthew Heller • July 5, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
What Are the Top Health Benefits Priorities for 2020?
Employers and plan sponsors face no shortage of policy and compliance issues to consider when finalizing 2020 health and fringe benefit offerings, contribution strategies, vendor terms, plan operations, and employee communications.An array of recent and potential changes from Congress, federal re...
By David McCann • June 27, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Yum Brands Names PepsiCo’s Chris Turner CFO
Chris Turner The parent company of KFC, Pizza Hut, and Taco Bell has hired PepsiCo executive Chris Turner as its new CFO, citing his experience with “iconic consumer-oriented companies.”Yum Brands said Wednesday that Turner, 44, will join the company on Aug. 8, assuming global responsibility for ...
By Matthew Heller • June 27, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Retail Veteran Ramsden Named Big Lots CFO
Discount retailer Big Lots has named former Abercrombie & Fitch CFO Jonathan Ramsden as its new finance chief, replacing Timothy Johnson.Ramsden’s appointment marks his return to the retail business after stepping down as Abercrombie’s chief operating officer in June 2016. He has spent the pa...
By Matthew Heller • June 25, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A ‘Strong Travel Culture’ Pays Off for Companies
Business travel costs should, of course, be managed. But CFOs who care foremost about managing the expense may not be aligned on travel priorities with a majority of leaders throughout their organizations.Harvard Business Review Analytic Services surveyed 587 executives and managers who indicated...
By David McCann • June 21, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CEO Departures Hit a 17-Year High in 2019
CEOs are leaving their posts in 2019 at a rate not seen in at least 17 years, according to data from outplacement and executive coaching firm Challenger, Gray & Christmas.The firm says it tracks CEO changes at public, private, and government/nonprofit entities that have been operating for at ...
By David McCann • June 13, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Effective CFOs Don’t Try to ‘Do Everything Better’
CFOs at large enterprises are underinvested in key activities and spend about one day per week on the wrong activities, according to Gartner.To ascertain what the most effective CFOs do differently with their time, relationships, and teams, Gartner conducted more than 100 interviews with finance ...
By David McCann • June 12, 2019 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
ABM Industries Nears End of Five-Year Transition
“We’ve just got to get organized!” pleaded comedic actor Jonathan Winters in the 1966 film, “The Russians Are Coming, the Russians Are Coming.”It’s not the official motto of ABM Industries, but maybe it should be. For four years the company has been engaged in an exhaustive, three-phase effort to...
By David McCann • June 4, 2019
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