Human Capital: Page 27
-
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending May 4
MetLife announced that head of finance John Hele has retired. Treasurer John McCallion, who joined the firm in 2006, has replaced him. It’s expected that Hele will remain a senior adviser to the company until September.Jill Woodworth Greg Lewis has been appointed vice president corporate finance ...
By Joan Urdang • May 4, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Delicate Dance: Improving the CEO-CFO Relationship
Instead of engaging in only the passive role of reporting, chief financial officers are expected to do a lot more: provide data and analysis to the board; help to structure the strategy of the company; and drive financial performance through improved information and decision-making.But to be succ...
By Kerry Maruna • May 4, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Walmart CEO’s Pay Rises 2% to $22.8 Million
Walmart CEO Doug McMillon was paid nearly 1,200 times the salary of the median Walmart worker in 2017, according to the company’s annual proxy statement.McMillon’s total compensation rose 2% last year to $22.8 million, most of it — $15.7 million — coming from stock awards. He also drew a salary o...
By Matthew Heller • April 20, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Coinbase Names Alesia Haas as First CFO
Hedge fund CFO Alesia J. Haas is moving from Wall Street to fintech, becoming the first finance chief at cryptocurrency wallet and exchange firm Coinbase.The current CFO of publicly traded Och-Ziff Capital Management joins a growing list of Wall Street bankers who, as CNBC reports, “have joined c...
By Matthew Heller • April 18, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Companies Near Gender Pay Parity, in a Sense
Tuesday was this year’s “Equal Pay Day,” its date purportedly representing how far into the new year women have to work to catch up with the amount of money men earned in the prior calendar year.Across the country and around the world, women (and some men) wore red clothing to symbolize that wome...
By David McCann • April 11, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Kentucky Senate Passes Workers’ Comp Reform
The Kentucky Legislature is moving toward passing a major overhaul of its workers’ compensation system that would eliminate the guarantee of lifetime benefits for some injured workers.The state’s most substantial workers’ comp reforms in decades have pitted business groups against organized labor...
By Matthew Heller • March 26, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Need a New Finance Job? Get Out and Network
As a senior finance executive with extensive operating experience in the United States, Europe, and Asia, I had always been comfortably ensconced in my job and never had to think about “networking” to look for a new career path.Jeff Patuto That was until recently, after the real estate services c...
By Jeff Patuto • March 22, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
U.S., Coca-Cola Partner on Blockchain Project
In the first blockchain project of its kind, Coca-Cola is teaming up with the U.S. State Department to use the digital ledger technology to help combat forced labor.The new venture aims to create a secure registry for workers and their contracts with Coca-Cola and other multinational corporations...
By Matthew Heller • March 21, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 16
Chemical company FMC Corp. said that Paul Graves, who leads the finance function, will become CEO of its new lithium materials firm, which will be spun off later in the year. FMC treasurer Andrew Sandifer will add the post of CFO, effective May 15. Gilberto Antoniazzi, who heads finance at FMC Ag...
By Joan Urdang • March 16, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Inside the Fight for More Female CFOs
With talk of gender equality in the workplace becoming commonplace, from the red carpet to the Ford production line, female finance executives are also getting in on the conversation. They’re scanning the C-suites of large companies and wondering why so few women are CFOs.Jenna Fisher of Russell ...
By Jenna Fisher • March 13, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 2
Grocery retailer and wholesaler SuperValu has promoted Rob Woseth to the top finance spot. He has been executive vice president, chief strategy officer, since 2013 and interim CFO since July of last year.Julie Swinehart Real estate investment trust Retail Properties of America has promoted Julie ...
By Joan Urdang • March 2, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Most Companies Have No CFO Succession Plan
The corporate finance field is renowned for its discipline, but there’s one area where CFOs display what might appear to be an extraordinary degree of complacency.In a new Korn Ferry survey of 740 finance chiefs, only 34% of them said a succession plan is in place for their role. And 81% of the r...
By David McCann • March 1, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
RPA Is Maturing but Still ‘Scratching the Surface’
A year and a half after CFO took an in-depth look at robotic process automation (RPA), where does the still-youthful technology stand today? To find out, we turned to a career General Electric finance and technology executive who in February cut the cord and signed on for a key role with RPA vend...
By David McCann • Feb. 27, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Be Wary of Promoting Top Sales Reps
For those who thought the Peter Principle was an old wives’ tale, three university professors want to set them straight.A new working paper for the National Bureau of Economic Research finds evidence consistent with the Peter Principle, which holds that companies prioritize current job performanc...
By David McCann • Feb. 26, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Existing Wellness Programs Don’t Impress Workers
The many efforts employers have made in recent years toward improving the health of their work force don’t seem to have impressed the employees very much.There is a significant disconnect at work here. For example, while 56% of surveyed employers said they believed that their well-being programs ...
By David McCann • Feb. 22, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Why You Should ‘Lose the Résumé’ to Land a Job
The now-effective CEO pay ratio rule is just the latest reminder of the divergent employment experiences of top executives versus the rank and file. Among companies that filed their 2018 proxy statements by Feb. 1, CEOs earned an average 140 times more than their median-compensated employees, acc...
By David McCann • Feb. 8, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Trade Policy Jitters Fuel Decline in Solar Jobs
Employment in the U.S. solar industry fell last year for the first time in a decade, with the Trump administration’s protectionist trade policies being partly responsible, according to a new survey.The Solar Foundation, a nonprofit focused on solar energy research and education, said the number o...
By Matthew Heller • Feb. 7, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Three Ways to Bridge the Finance Talent Gap
Chances are, when I’m not at my day job or with my family, you can find me at my favorite Bay Area wine shop. Before you judge, let me clarify that I am part owner of this particular shop.Spending my time there, interacting with people of all ages, has validated something for me: millennials are ...
By Todd McElhatton and Zuora • Jan. 31, 2018 -
Thomas Barwick
10 Habits of Highly Effective CFOs
For many CFOs, the idea of achieving a satisfying work-life balance is something of a fantasy. The hours are long, and the pressure to excel — making certain every big-picture strategy is sound, virtually every detail precisely right — is extreme. Jack McCullough One could point to almost any fin...
By David McCann • Jan. 26, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Starbucks Boosts Pay, Benefits in $250M Move
Starbucks has become the first big name in the food and beverage sector to announce new employee benefits in the wake of the new tax law, with a pay hike and an expanded sick-leave policy among the perks.The world’s largest coffee chain said the Tax Cuts and Jobs Act had “accelerated” its decisio...
By Matthew Heller • Jan. 26, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Papa John’s CFO to Take Jack in the Box Job
In a reshuffle of the finance chief ranks at two of the largest U.S. restaurant companies, Lance Tucker is joining Jack in the Box after seven years as CFO at Papa John’s.Tucker’s tenure at Papa John’s will end in March, when he will replace Jerry Rebel as Jack in the Box’s finance chief. His dep...
By Matthew Heller • Jan. 17, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Humana Puts Tax Savings Into Worker Benefits
Healthcare insurer Humana is offering additional benefits including a minimum wage hike to employees as a result of the new tax law.The GOP tax package reduces the corporate tax rate from 35% to 21%. In response, Humana will raise the minimum hourly rate in the continental U.S. for full- and part...
By Matthew Heller • Jan. 17, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Workplace Class Actions Soared in 2017
The monetary value of the top workplace class-action settlements rose dramatically in 2017, eclipsing the previous high reached two years earlier by almost 10%, according to the latest annual report by law firm Seyfarth Shaw.The top 10 settlements last year had an aggregate value of $2.72 billion...
By David McCann • Jan. 16, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
James Kavanaugh Named IBM Finance Chief
IBM has named James Kavanaugh, a 22-year company veteran, as its new CFO, replacing Martin Schroeter.Kavanaugh moved immediately into his new job after serving for three years as a senior vice president heading IBM’s transformation efforts. He was previously controller from May 2008 to January 20...
By Matthew Heller • Jan. 12, 2018 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
To Make More Money, CEOs Harm Company Value
CEOs are motivated by opportunities to pad their personal bottom lines, even when taking advantage of them can be expected to harm the companies they lead, two new research papers suggest.The studies establish a link between the amount of a CEO’s awarded equity — stock and stock options — that ve...
By David McCann • Jan. 9, 2018
Previous
