Human Capital: Page 37


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    CFOs on the Move: Week Ending Oct. 17

    Courtney Leimkuhler Marsh, a wholly owned subsidiary of Marsh & McLennan, has named Courtney Leimkuhler finance chief, effective March 1. She will take over from Paul Malvasio, who will retire. Leimkuhler has headed finance at the U.S. and Canada division of Marsh since December.Jim Bell has ...

    By Joan Urdang • Oct. 17, 2014
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    CFOs on the Move: Week Ending Oct. 3

    Pascal Desroches Pascal Desroches has been selected to lead the finance function at Turner Broadcasting System, effective Jan. 1. He had been controller at the firm’s parent company, Time Warner.Revlon has promoted Roberto Simon to the top finance spot. He replaces Lawrence Alletto, who is leavin...

    By Joan Urdang • Oct. 3, 2014
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    Jobs Added in September Keep the Economy Rolling

    Another sign of gathering strength for the U.S. economy came with the latest jobs report from Automatic Data Processing, which says 213,000 workers were added to private-sector payrolls in September.That was 8,000 more new jobs for the month than the median forecast by 41 economists surveyed by B...

    By Iris Dorbian • Oct. 1, 2014
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    How to Collect Employee Data Respectfully

    For companies to remain competitive, using data and analytics for key business decisions is essential. But it can be tricky when the decision involves your own employees and you need to collect data from them to be fully informed.How to you obtain the information on use of time, activities, manag...

    By Iris Dorbian • Sept. 24, 2014
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    Minimum Wage Hike Poses Economic Harm, Say CFOs

    The campaign led by President Barack Obama to raise the minimum wage is not getting much support from CFOs, as many claim it would hurt their businesses more than help them.According to results from the September Duke University/CFO Business Outlook Survey, top financial executives contend that a...

    By Iris Dorbian • Sept. 24, 2014
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    Employee Surveillance: More Harm than Good?

    There’s no question that camera surveillance of workers very often changes their behavior. Myriad studies confirm it can reduce employee theft, for example.On the other hand, it can stifle innovation and healthy risk-taking. In an article published on the HBR Blog Network, author Ethan Bernstein ...

    By Iris Dorbian • Sept. 16, 2014
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    A CFO Will Revolutionize the Advertising Industry

    One executive recruiter is predicting that a CFO will lead the advertising industry to a new model of doing business.Jay Haines Jay Haines, CEO of Grace Blue, contributed an article to Forbes in which he wrote that advertising’s “legacy model” isn’t codnducive to efficient decision-making. But fa...

    By Iris Dorbian • Aug. 28, 2014
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    CFO Turnover Dips, Reversing Three-Year Trend

    The twice-yearly “volatility report” from executive recruiting firm Crist | Kolder Associates is a highlight for observers of CFO meanderings, and the newest edition once again fails to disappoint.The biggest news, if you will, is that CFO turnover at large companies has bent downward this year t...

    By Aug. 27, 2014
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    Stress-Free Vacationing 101

    Whether you’re a CEO, a senior manager, an accountant or even an entry-level AP coordinator, taking a regular vacation is not only therapeutic but necessary. Yet for professionals used to a constant bombardment of stimuli, the idea of allowing one’s brain to not get its daily workout is easier sa...

    By Iris Dorbian • Aug. 14, 2014
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    No Heat in July Retail Sales Numbers

    Consumers went into hibernation during a long icy winter, but where are they now that the sun is out? Despite positive signs that the economy is on the mend, consumers didn’t do much shopping in July, even with discounts offered by such popular retailers as Macy’s, says Bloomberg.U.S. retail sale...

    By Iris Dorbian • Aug. 13, 2014
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    Recession’s Aftershocks Linger for U.S. Households

    The economy might be on the mend since the recession upended it starting in late 2007, but some are still feeling the aftereffects of the economic downturn. In a study released last week by the Federal Reserve, which examined the economic well-being of U.S. households, more than 60% of respondent...

    By Iris Dorbian • Aug. 11, 2014
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    Are You Looking for the Right Data Scientist?

    As the use of data analytics grows increasingly sophisticated and nuanced, it might be incumbent for your firm to hire a “data scientist,” someone who can sift through and interpret complex data sets. Such people are in high demand, and they are commanding large salaries. But before you hire one,...

    By Iris Dorbian • Aug. 6, 2014
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    Walgreen Shuffles CFOs: Miquelon Out, McLevish In

    Drug store chain Walgreen is shaking up its financial leadership. The firm has replaced CFO Wade Miquelon with Timothy McLevish, a former finance chief at Kraft Foods Group. No reason was given for the change, although Walgreen said the split was “amicable,” reports the Chicago Tribune.Former Wal...

    By Iris Dorbian • Aug. 5, 2014
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    You’re About to Get Fired When …

    It can be tempting for some senior executives to think that because of their tenure and position in the corporate hierarchy they are immune to company layoffs. Not only is this a fallacy but this false sense of security will only add to a senior manager or executive feeling especially blindsided ...

    By Iris Dorbian • July 22, 2014
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    PBS CFO Finds More Opportunities to Manage: Video

    When Barbara Landes was vice president of business planning at AOL Broadband, PBS tried to poach her. She turned them down (several times). Her role at AOL was constantly changing, and she kept getting the chance to start new projects, like AOL’s personal finance channel and its first broadband s...

    By Marielle Segarra • July 21, 2014
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    Will Chief Marketing Officers and CFOs Ever Get in Sync?

    In the past few years companies have placed a greater priority on marketing, branding and marketplace positioning. As a result, the chief marketing officer (CMO) has assumed a role of elevated importance, one whose contributions are inextricably linked to the company’s bottom line.What this means...

    By Iris Dorbian • July 16, 2014
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    CFOs on the Move: Week Ending July 11

    Former Microsoft CFO Peter Klein has resigned from the top finance spot at William Morris Endeavor Entertainment after just six months on the job. The talent agency said in a statement that he resigned for “personal reasons,” but multiple published reports suggested that his departure was related...

    By Joan Urdang • July 11, 2014
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    Twitter Lands a CFO with Star Power

    Longtime Goldman Sachs technology analyst and partner Anthony Noto was scheduled to start this month as senior managing director of hedge fund Coatue Management. Instead, he called an audible.Anthony Noto at TechCrunch Disrupt NY, a technology-industry conference, in May 2013. Noto, who was CFO o...

    By July 2, 2014
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    To Get a Bigger Job, Help Market Your Stock

    Adena Friedman, now back home at Nasdaq OMX Group after three years running finance for private-equity powerhouse Carlyle Group, isn’t a CFO anymore. She previously filled that role at the stock exchange for a year and a half, capping her initial, 18-year iteration there.Adena Friedman Now presid...

    By June 30, 2014
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    Global Benefits Spending Is a Mystery to Multinationals

    Ably managing the costs of employee benefits on a global scale remains elusive for most big, multinational companies. Only 22 percent of 492 global and regional benefits managers for such firms who responded to a recent Towers Watson survey said they have timely and comprehensive access to aggreg...

    By June 25, 2014
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    High Workers’ Comp Drug Use in Two States Indicates Burgeoning Costs

    Finance chiefs at companies with facilities in New York and Louisiana now have a clear indication of how to cut workers’ compensation costs and better manage workplace injuries: find ways to cut down on the prescribing and use of narcotics to kill pain. In those two states, the amount of narcotic...

    By David Katz • May 14, 2014
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    ‘Pleasant Myths’ Designed to Aid Recruiting: A Net Negative?

    CFOs may be making huge strides in the strategic realm, but the top calling for many remains the same as ever: good soldiership. The chief strategist usually is, after all, the CEO, who needs the finance chief’s support in pursuing important strategic agendas.A common one, even if not the most im...

    By May 6, 2014
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    Will Employer Health Insurance Go Away? Don’t Bet On It

    First, Barack Obama famously declared with regard to effects of the Affordable Care Act on individuals, “If you like your employer-sponsored health insurance plan, you can keep it.” That didn’t turn out to be quite true.Then came a few years’ worth of predictions by expert observers that few comp...

    By May 2, 2014
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    Should You Pay Your Employees to Quit?

    You may have heard that Amazon is offering to pay its hourly employees $5,000 to quit their jobs. The company says that when someone doesn’t really want to be there, it’s not healthy for the company or the employee.CEO Jeff Bezos told of the program in a letter to shareholders. The offer comes on...

    By John Boudreau • April 25, 2014
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    Inside the Wolf’s Den

    Bo knows fraud — Richard “Bo” Dietl, that is. He’s a former New York City Police detective who now runs a Manhattan-based private detection firm, Beau Dietl & Associates. (No, that’s not a misprint; Dietl explains that “Beau” is “more sophisticated” than “Bo.”) Among his high-profile clients:...

    By Josh Hyatt • April 10, 2014