Human Capital: Page 38
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 David McCann • July 2, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 David McCann • June 30, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 David McCann • June 25, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
‘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 David McCann • May 6, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 David McCann • May 2, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Gaining Altitude
Mark Powers has no trouble remembering the exact date when his career in the airline business began: September 23, 1983. That was when he joined Continental Airlines, the same day the carrier filed for Chapter 11 bankruptcy protection. “There’s nothing like learning the importance of cash when yo...
By Edward Teach • March 31, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
China Airports Dominate World’s Best
For all you CFO world travelers out there (and we know that’s a lot of you): great news. We have a list in hand of the best airports across the globe, courtesy of airport ranking agency Skytrax, with a hat tip to Forbes. Skytrax grades the airports based on a long list of factors, including publi...
By Marielle Segarra • March 27, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ended March 21
Tiffany & Co. has selected Ralph Nicoletti to head finance, effective April 2. He succeeds CFO and chief operating officer James Fernandez, who plans to retire in July. Most recently, Nicoletti held the top finance spot at Cigna.Bedding manufacturer and retailer Select Comfort has named David...
By Joan Urdang • March 21, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Is Health-Care Reform Really Hurting Companies’ Performance?
Was all the griping by finance executives over added costs imposed by the Affordable Care Act just a bunch of hot air? Apparently their human-resources leaders think so.Among 723 respondents (mostly HR leaders) to a January survey by Mercer, results of which were revealed in a Wednesday webcast, ...
By David McCann • March 13, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Do Performance Incentives Backfire?
In a previous career incarnation when I supervised people, I exhibited several behaviors that weren’t covered in Management 101. I treated each person differently, tried to make friends with everyone, tolerated insubordination, gave perversely glowing reviews to mediocre performers and delegated ...
By David McCann • Feb. 28, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How CFOs Have Fun, Part 2
This is the second of two stories spotlighting CFOs and their hobbies. Read the first one here.Paul Blubaugh has been torn between music and business since he was a kid. He started out in college as a business major but quickly switched to guitar performance. But upon receiving bachelor’s and mas...
By David McCann • Feb. 21, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
TV & Movie Productions Face Obamacare Nightmare
The Obama Administration’s February 10 announcement of another delay in the employer mandate under the Affordable Care Act did little to assuage the ACA-related cost concerns of the movie and television production industry.Companies with between 50 and 99 full-time-equivalent employees (FTEs) are...
By David McCann • Feb. 13, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Dell CFO Brian Gladden Resigns, Eyes a CEO Chair
Dell finance chief Brian Gladden has resigned, reportedly to become CEO at a different, as-yet-unnamed company. He has previous CEO experience, with Sabic Innovative Plastics Holding, formerly GE Plastics. Gladden had worked at General Electric for more than 20 years in a variety of divisional fi...
By David McCann • Jan. 28, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How Worker Value Is Like Customer Value
CFOs and human resources leaders managing a workforce might have something to learn from a modern gauge of customer value.Following the lead of the software industry, where high customer value derives from long-term subscribers who generate substantial, recurring revenue, many companies today try...
By David McCann • Jan. 28, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Five CFOs Who ‘Engineered’ a Finance Career
A search in the S&P Capital IQ database, for sitting CFOs with undergraduate degrees in engineering, returns 1,466 results. No, there’s not a mistaken extra digit in there.Some portion of those are duplicates — people who run finance for multiple entities under one corporate umbrella, for exa...
By David McCann • Jan. 24, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Start Managing Your Career Before It Manages You
If you have been in your current CFO seat for more than four years, you will most likely be making a job change this year (or early next).Regardless of your tenure, you want to be the one calling the shots in this transition — not your new CEO or the board — and you don’t want to be held hostage ...
By John Touey • Jan. 16, 2014 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
General Motors Hoists Company Insider to CFO
General Motors Co. has elevated corporate “insider” Chuck Stevens to CFO of the company from his prior post as finance chief of GM North America, The Wall Street Journal reported Tuesday.Stevens succeeds Dan Ammann, who was named president today. John Stapleton, currently CFO of GM global manufa...
By David Katz • Jan. 15, 2014
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