Human Capital: Page 42


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    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
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    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
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    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 June 20, 2013
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    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 June 18, 2013
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    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
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    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 June 13, 2013
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    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 June 11, 2013
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    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
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    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
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    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
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    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 June 3, 2013
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    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
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    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 May 31, 2013
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    Feds Deal a Blow to Wellness Programs

    Final regulations for operating wellness programs in compliance with the Affordable Care Act, issued on Wednesday, could increase companies’ costs and dilute the value they aim to get from the most rigorous programs.“Outcome-based” wellness programs, which require participants to attain or mainta...

    By May 30, 2013
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    For Performance, 401(k) Plans Can’t Touch Pensions

    Pension plans have almost always outperformed 401(k) plans, but the gap in 2011 was the greatest it’s been since the mid-1990s, according to a new report from consulting firm Towers Watson. Employers are motivated to see that their workers are prepared for retirement so as to enable a smooth tran...

    By May 28, 2013
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    CFOs on the Move: Week Ending May 24

    Specialty food retailer The Fresh Market, Inc. appointed Jeffrey Ackerman to head finance, effective June 3. He replaces Lisa Klinger, who resigned last November to take a post with a private equity-backed apparel retailer. Ackerman was most recently CFO at bedding manufacturer Sealy Corp.KeyCorp...

    By May 24, 2013
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    The Story Trumps the Data

    “Big Data” is all the rage in management generally and in the human-capital-analytics field specifically. Rapid consideration of big data among human-resources software and service providers, and the aggregation of HR services such as recruitment, succession planning, employee assessment, surveys...

    By John Boudreau • May 24, 2013
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    More Clawbacks Likely in Store

    CFOs of publicly held companies could be in greater danger these days of having their bonus and incentive pay clawed back, judging by signals from the Securities and Exchange Commission.At issue is the definition of “misconduct.” Section 304(a) of the Sarbanes-Oxley Act of 2002 requires clawbacks...

    By May 23, 2013
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    CFOs on the Move: Week Ending May 17

    Vice president of finance Thomas McCarthy has been promoted to CFO at Cigna Corp., effective July 12. He takes over from Ralph Nicoletti, who is leaving the insurer.IT-products distributor Intcomex Inc. has named Juan Riojas to the top finance spot, effective after the company files its Form 10-Q...

    By Joan Urdang • May 17, 2013
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    The IT Talent Problem

    Way back in 2000, just before the dot-com bust, I wrote a weekly column for CIO magazine, and I spent months covering “the technology workforce crisis.” The big issue was the cap that the U.S. government had put on H‑1B visas and the strong need that companies had for developers and other technol...

    By Martha Heller • May 17, 2013
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    BYOD: You’re Doing it Wrong

    It wasn’t all that long ago that the trend known as BYOD (bring-your-own-device) hit the business world by storm, as vendors and customers alike touted its perceived benefits. Those included lowered spending for capital equipment and an increase in productivity from allowing employees to use tech...

    By Taylor Provost • May 15, 2013
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    A Powerful Stock-Price Predictor

    A new study provides perhaps the strongest evidence to date that certain human-capital metrics can predict a company’s performance in the stock markets.The research was nothing if not robust. Through extensive use of regression analysis, it tested the relationships between a set of human-capital ...

    By May 15, 2013
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    What Kind of HR Automation Do You Need?

    This is the second of five articles in a special report looking at the buying of HR technology from a CFO’s point of view. Also included are: Why Upgrade Your HR Systems?; Making a Mess of People-System Purchases, which explores pitfalls to avoid; HR Tech Vendors: Who’s Out There?; and Anatomy of...

    By May 14, 2013
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    Making a Mess of People-System Purchases

    This is the third of five articles in a special report looking at the buying of HR technology from a CFO’s point of view. Also included are Why Upgrade Your HR Systems?; What Kind of HR Automation Do You Need?; HR Tech Vendors: Who’s Out There?; and Anatomy of a Buying Decision, one CFO’s journey...

    By May 14, 2013
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    HR Tech Vendors: Who’s Out There?

    This is the fourth of five articles in a special report looking at the buying of HR technology from a CFO’s point of view. Also included are Why Upgrade Your HR Systems?; What Kind of HR Automation Do You Need?; Making a Mess of People-System Purchases, which explores pitfalls to avoid; and Anato...

    By Taylor Provost • May 14, 2013