Human Capital: Page 41
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Going Private: Tougher than Going Public?
At the time of this writing, with Dell Inc. embroiled in a high-stakes tug-of-war over ownership of the company and the situation changing daily (and even hourly – a shareholder vote scheduled for this morning was abruptly postponed until July 24), I’m thinking of the challenges in store for Dell...
By David McCann • July 18, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 12
Finance chief Gretchen Haggerty, who joined U.S. Steel Corp. in 1976 and has been CFO since 2003, plans to retire this year. A search is under way for her successor.Michael Huseby, who has headed finance at Barnes & Noble Inc. since March of last year, has been named president of the company ...
By Joan Urdang • July 12, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Divestitures Can Spawn Costly Human-Capital Errors
A recent surge in divestitures underscores a tendency among both buyers and sellers in such deals to underplay certain human-capital elements during pre-deal preparation, a new Ernst & Young (E&Y) report suggests.Many of the most recent notable companies shedding businesses have spun them...
By David McCann • July 12, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Pension Advisers Talk Like CFOs
CFOs have an edge if they can talk about finance in a way that’s meaningful to key stakeholders who aren’t finance people, like some board members and investors. And when they’re on the receiving end of communications they’re like anyone else: they’re more responsive when the communicators speak ...
By David McCann • July 10, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Obamacare Delay Poses Legal Risk to Employers
Companies with many low-wage, part-time workers may be sighing with relief after the controversial one-year delay announced last week for the employer-mandate provisions of the Affordable Care Act (ACA). But some of those same companies could be on a path to employee-relations and legal troubles ...
By David McCann • July 9, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 5
Westell Technologies Inc. has named Tom Minichiello to lead the finance function. He joins the firm from Tellabs, where he was acting CFO.Kenneth Kay is stepping down as finance chief of Las Vegas Sands Corp., effective July 31, but will remain a consultant. The company plans a search for his suc...
By Joan Urdang • July 5, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Companies Jumpy over Upcoming Obamacare Provisions
Almost half of large and midsized U.S. employers have made or are considering changes to their workforce strategies specifically in response to provisions of the Affordable Care Act (ACA) that have yet to take effect next, new research by Towers Watson finds.Most of the changes would be to so-cal...
By David McCann • July 2, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 28
Walter Borst has been named to the top finance spot at holding company Navistar International Corp., effective August 1. He replaces Andrew Cederoth, whom the company previously said would be leaving. Borst joins the firm from General Motors, where he was chairman, president and CEO of GM Asset M...
By Joan Urdang • June 28, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Is R&D Spending Ready to Blow?
Companies are poised on the cusp of a transition from the cost-saving and cash-hoarding mode many have been in since 2008, to a more innovative mindset marked by a willingness to resume spending on research and development. CFOs will be point people for executing that transition.So says David Axs...
By David McCann • June 27, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Same-Sex Marriage Ruling: How Costly?
Today’s Supreme Court ruling that the Defense of Marriage Act (DOMA) is unconstitutional will raise benefits costs for many employers. But the impact is expected to be modest and certainly won’t be at a level that could be considered material.DOMA, enacted in 1996, defined marriage as “a legal un...
By David McCann • June 26, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Cure for Poor Human Capital Decisions?
There is a large amount of scientifically supported research about workplace behavior, but few managers are aware of it. That’s a problem, because knowing the research could allow leaders to make better human-capital decisions. The same problem afflicts the medical profession, but there are hopef...
By John Boudreau • June 25, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How the Right CEO/CFO Mix Sparked Growth
Being successful in the C-suite requires lots of skills, and of them, finding the right partnership between the chief executive officer and the CFO is a prescription for growth, said the two people who fill those roles at HSNi. “I clearly recognize that I could not be successful in this role with...
By Kathy Hoffelder • June 25, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Ancient Art of Storytelling
Chances are, your business spends more money on sales and marketing than any other part of your P&L. I know it’s true for almost all high-tech companies, some of which spend nearly 50 percent of revenue on sales. So as a senior executive, what can you do to either reduce the cost of sales or ...
By Timothy Chou • June 21, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 21
John Nallen has been promoted to finance chief at the media and entertainment division of News Corp., which will be known as 21st Century Fox after it separates from the company’s publishing division, which will continue to be known as News Corp. Nallen has been deputy CFO of News Corp. since 200...
By Joan Urdang • June 21, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Liddell: No More CFO-ing for Me
Storied CFO Chris Liddell isn’t quite sure what his next career move is going to be. He does know what it’s not going to be.“It’s very unlikely that you’ll see me in a traditional CFO role again,” Liddell, 53, told CFO on Tuesday. “Been there, done that. I’ve had three fantastic ones in a row, an...
By David McCann • June 20, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Gender Pay Gap: Not as Wide as You Think
It’s not surprising to learn that female CFOs earn less money than their male counterparts. But the difference, a new study suggests, may be mostly illusory.PayScale, an online service that provides comparative compensation data for hundreds of job titles based on millions of profiles contributed...
By David McCann • June 18, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 14
Keith Sherin, who has been CFO of General Electric since 1998, has been named chairman and CEO of GE Capital, effective July 1. In his new role, Sherin replaces Mike Neal, who is retiring. Jeff Bronstein, who heads finance at GE Capital, will take over for Sherin as CFO of GE.Paulo Basilio has be...
By Joan Urdang • June 14, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Deferred Comp More Popular than Ever
More companies are offering deferred-compensation programs for high-earning executives, and participation in the plans is increasing. Among the Fortune 500 companies, 422 now have such plans, estimates Robert Barbetti, head of compensation advisory for J.P. Morgan Private Bank, a unit of JPMorgan...
By David McCann • June 13, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Data Digging Catches Employees Red-Handed
Cases of Jack Daniels, and other potent potables, tend to disappear in the liquor business. “Booze runs away, it has legs,” said Kevin Manion, CFO of Young’s Market Company, at a conference last week. “When I was in the bakery industry it was donuts.”Not that Young’s Market, a $3 billion wine and...
By Vincent Ryan • June 11, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 7
Michael Bell has been named executive vice president of State Street Corp. and will become finance chief in August upon the retirement of Edward Resch. Bell joins State Street from Manulife Financial Corp., where he also held the top finance spot.CBS Corp. has promoted Joseph Ianniello to chief o...
By Joan Urdang • June 7, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Recruiting Analytical Talent Requires Cultural Change
San Francisco — Data analytics is en vogue among businesses lately, as companies try to derive more value from the vast amounts of data they have been collecting. But businesses must hire the right people before they can dig into that data, said Anne Robinson, Verizon Wireless’ director of supply...
By Taylor Provost • June 6, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
It’s All in the Game
For GameStop, the world’s largest video-game retailer, the competitive landscape may seem like a corporate version of “Mortal Kombat.” Formidable foes loom, from big-box chains like Wal-Mart and Best Buy to Internet retailers and distributors like Amazon and Steam. The latter threat is particular...
By Edward Teach • June 5, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Seeking CFOs with Vision — and More
The evolution of CFOs from mere numbers-crunchers to strategic visionaries has been going on for decades. But even today most corporate executives think the finance chiefs at their companies would generate more value if they improved their performance in something other than strategic acumen (see...
By David McCann • June 3, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Why CFOs Fail in Moves to Small Companies
Over the past 15 years, I have helped place a good number of CFOs in new jobs. Many have made successful transitions — from industry to industry, from public to private companies and back — as well as adapted to wildly different cultures from company to company.But in my experience, there is one ...
By John Touey • June 3, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending May 31
The Wendy’s Company announced that Todd Penegor, most recently president of the Kellogg Company’s U.S. Snacks Division, will become its new CFO on Sept. 1. He will succeed Steve Hare, who is retiring.Daegis Inc., an information-management company, announced the appointment of Susan Connor to head...
By David McCann • May 31, 2013
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