Human Capital: Page 25

  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Hard Evidence the CFO Role Is Getting Tougher?

    Most CFOs likely would agree that the job has only gotten tougher in recent years. While that’s a subjective viewpoint, a new analysis may offer some objective evidence for the statement.Using publicly available information, KPMG studied the backgrounds and experience of the CFOs at 100 technolog...

    By • April 1, 2019
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    CFOs on the Move: Week Ending March 15

    Zachary Kirkhorn has been appointed to lead the finance function at Tesla. Kirkhorn, who takes over from Deepak Ahuja, joined the company in 2010 and had been vice president of finance, financial planning, and business operations since December.Kathleen Winters has been named to fill the top fina...

    By Joan Urdang • March 15, 2019
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    4th Quarter Dealt a Heavy Blow To Pension Plans

    It was looking like a banner year for large pension plan sponsors through most of 2018. But it was not to be.For the companies that sponsor the 20 largest U.S. pensions plans, the aggregate funded ratio — the actuarial value of current assets divided by the actuarial value of future liabilities —...

    By • March 12, 2019
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Are We Long — Or Short — On Talent?

    CEOs and HR leaders [and CFOs] worried about the viability of their talent strategy may be excused an occasional sleepless night. After all, there’s a closetful of bogeymen to pick from as disruptive technologies such as digitization, automation, and artificial intelligence combine with demograph...

    By • March 6, 2019
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Legal Training Makes a Difference for Health-care CFO

    Almost anyone could get a career boost, as well as benefit their employer, through continuing education. It holds true even for top executives.But “continuing education” can mean anything from an online personal enrichment course to rigorous multi-year training programs. While most executives cou...

    By • March 5, 2019
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    SurveyMonkey CFO to Retire After 10 Years

    SurveyMonkey announced the retirement of CFO Tim Maly on Wednesday as it reported better-than-expected quarterly sales.Maly guided SurveyMonkey, which provides digital survey tools and data analytics to business customers and individual users, through its initial public offering in September. The...

    By Matthew Heller • Feb. 14, 2019
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Former AIG Finance Chief Joins Health Insurance Start-up

    Is this a big step down, or an exciting new opportunity? Sid Sankaran, who in December was replaced as CFO of insurance giant American International Group, has signed on to run finance at the much smaller Oscar Health, the company announced on Wednesday. Sankaran is slated to start his new job on...

    By • Feb. 7, 2019
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Trump Taps Treasury Official as World Bank Head

    President Donald Trump has named David Malpass, a Treasury official who has been critical of the World Bank’s lending policies, as the U.S. candidate to lead the bank.The World Bank is accepting names until March 14 and plans to create a shortlist of up to three candidates for interviews. An Amer...

    By Matthew Heller • Feb. 7, 2019
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Female Pay Discount Doesn’t Go to the Very Top

    Gender-based disparity in compensation tends to be present even in the top executive ranks — but in some surprising ways.Among smaller S&P 1500 companies, male and female CFOs earn about the same pay (including base salary, annual incentive target, and long-term-incentive grant values), accor...

    By • Jan. 30, 2019
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    PBGC to Oversee Sears Pension Plans

    This story was corrected to fix a mistake in the stated dollar size of Sears’ pension plan assets.The federal pension insurance fund is preparing to assume responsibility for Sears’ two pension plans in the wake of the retailer’s bankruptcy.The Pension Benefit Guaranty Corp. said it was stepping ...

    By Matthew Heller • Jan. 22, 2019
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    CFOs on the Move: Week Ending Jan. 4

    Spencer Neumann was appointed to the top finance spot at Netflix. He replaces David Wells, who headed finance since 2010. Neumann led the finance function at Activision Blizzard since 2017 before being terminated by the company. Dennis Durkin, who had been CFO at Activision from 2012 until 2017 b...

    By Joan Urdang • Jan. 4, 2019
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Finance Function 2019: Fewer Functionaries, More Strategists

    If one wished to forecast how the corporate finance function will evolve in 2019, what might that look like? Here is our view.At most companies today, finance operates in a typical pyramidal hierarchy, with a thin layer of leadership at the top, a middle-management layer, and at the bottom a “fin...

    By CEO, Metapraxis, and Simon Bittlestone • Jan. 2, 2019
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Human Capital Reporting Standards Finally Arrive

    [This article has been revised from its original version to remove an unintentional conflation of ESG initiatives put forward by two separate organizations, the Sustainability Accounting Standards Board and the Global Reporting Initiative.]A lengthy global effort to create standards for reporting...

    By • Dec. 18, 2018
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    5 Health Care Trends for CFOs to Watch in 2019

    As dynamic changes continue to ripple through the health care marketplace, senior finance executives will want to keep an eye on the several emerging trends relevant to planning their health care strategies for 2020 and future years.They won’t just want to monitor how the changes in health care w...

    By Brian Marcotte and National Business Group on Health • Dec. 14, 2018
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    The New CFO Mandate: Prioritize, Transform, Repeat

    If you wanted to validate the old adage that the only constant in life is change, results of the latest McKinsey Global Survey suggest you need not look any further than the CFO role.In the two years since our previous survey on the topic, CFOs say the number of functions reporting to them has ri...

    By Priyanka Prakash, and Ishaan Seth, McKinsey & Co., Kapil Chandra, and Ankur Agrawal • Dec. 13, 2018
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Pace of CEO Departures Spikes in 2018

    A boiling cocktail of business turmoil and uncertainty has contributed to more U.S. CEOs leaving their posts in 2018 than in any year since 2008, when the Great Recession dawned.And by year-end, the number of such departures is virtually certain to surpass the 1,361 chief executives who left thei...

    By • Dec. 12, 2018
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Arrest of Huawei CFO Fans US-China Tensions

    The CFO of Chinese telecom giant Huawei has been arrested in Canada at the request of the United States, fanning fears of a further escalation in tensions between the Trump administration and Beijing.The arrest of Meng Wanzhou, the daughter of Huawei founder Ren Zhengfei, in Vancouver has drawn p...

    By Matthew Heller • Dec. 6, 2018
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Breaking Bad

    Not every day does the CEO of a large public company contentedly smoke marijuana on a podcast (which was also recorded on video), shortly after tweeting he has secured funding to take the business private, blindsiding the board of directors. But this is Elon Musk after all, the Johnny Depp of CEO...

    By Russ Banham • Dec. 3, 2018
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    FLIR CFO Makes a Difference with a Lean Approach

    When James Cannon joined FLIR Systems as its chief executive in June 2017, he immediately stated that making the company more diverse was a key goal. Five months later, he hired Carol Lowe to be FLIR’s new CFO.Lowe herself embraces diversity and believes becoming a high-ranking woman in a male-do...

    By • Nov. 28, 2018
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Finance Chiefs Must Lead Organizational Innovation

    When The Depository Trust & Clearing Corp. (DTCC) began a few years ago to explore using blockchain technology to transform how we serve the global financial markets, I initially focused on cost, benefits, and value creation. As the company’s CFO, that was my job.But over time, I recognized t...

    By The Depository Trust & Clearing Corp., Susan Cosgrove, and CFO • Nov. 26, 2018
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    J.Crew CEO Exits After 16 Months on Job

    J.Crew CEO James Brett stepped into a fashion legend’s shoes 16 months ago. Now he is stepping down after apparently clashing with his predecessor over his ambitious plan to turn around the ailing retailer.The Wall Street Journal, citing people familiar with the matter, said Brett had clashed wit...

    By Matthew Heller • Nov. 19, 2018
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    PBGC Deficit Shrinks by One-Third to $51.4B

    The overall financial health of the Pension Benefit Guaranty Corp. improved in fiscal 2018 but its multiemployer program continues to head toward insolvency, likely by the end of 2025.In its annual report, the PBGC said its overall deficit narrowed to $51.4 billion as of Sept. 30 from $76 billion...

    By Matthew Heller • Nov. 19, 2018
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    For Manufacturers, Skills Gap Keeps Widening

    The generally buzzing economy is great for most companies. But it contributes to a thorny issue for manufacturers: the specter of having to turn down business because there aren’t enough job candidates with the right skills.Of course, job shortages are not new to that industry, especially in rece...

    By • Nov. 16, 2018
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Controllers: Focus on Culture and Diversity Is Essential

    NEW YORK — Controllers from four power-hitting companies sat on a stage on Tuesday afternoon, speaking to a crowd of several hundred peers.What did they talk about — implementing the new revenue recognition and lease accounting standards? How their companies are balancing the presentation of GAAP...

    By • Nov. 14, 2018
  • Coworkers sitting around laptop at office table
    Image attribution tooltip
    Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
    Image attribution tooltip

    Labor Shortage Hits Foxconn’s U.S. Plant Project

    The tight U.S. labor market may be complicating Taiwanese electronics giant Foxconn’s much-heralded plan to build a factory in Wisconsin.According to The Wall Street Journal, Foxconn has been looking to transfer some of its Chinese workforce to staff the plant due to a shortage of qualified local...

    By Matthew Heller • Nov. 7, 2018