Human Capital: Page 45
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A First-time CFO Manages Massive Growth
There’s growth, and there’s growth. The latter is the kind found at Cognizant Technology Solutions, where Karen McLoughlin recently wrapped up her first year in her first CFO job.When McLoughlin first came to work at the technology-services provider 10 years ago, it was not quite a $400 million c...
By David McCann • Feb. 27, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO: Most Dangerous Job in Corporate America
You know the stories well: fat-cat executives caught with their hand in the cookie jar. The prosecution of executives — CFOs in particular — for their role in fraud, insider trading, and securities or other regulatory violations is nothing new.Less well known is the growing number of prosecutions...
By John J. Carney and Francesca M. Harker • Feb. 26, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Finance and HR: Strangers in Each Others’ Lands
Robert Heinlein’s Hugo Award–winning 1962 novel Stranger in a Strange Land features a character called Valentine Michael Smith, the son of astronauts from the first expedition to Mars. After being born and raised in the culture of the Martians, a second expedition 20 years later brings Smith to E...
By John Boudreau • Feb. 25, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending February 22
Daniel Malzahn has been promoted to the top finance spot at homebuilder and mortgage-banking company NVR Inc. He takes over from Dennis Sereme, who has retired. Malzahn has worked at the firm since 1994, most recently as vice president of business planning and investor relations.Medical and surgi...
By Joan Urdang • Feb. 22, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
“It Was the Craziest Thing I’ve Ever Experienced”
This is the second article in a three-part series profiling Carol Sawdye, recently named CFO at PricewaterhouseCoopers. Part 1 focuses on her move 12 years ago from PwC to become finance chief at Skadden Arps Slate Meagher & Flom, the world’s biggest law firm. Part 3 examines her new role at ...
By David McCann • Feb. 21, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
“I Couldn’t Think of Anything I Would Like to Do Less”
This is the first article in a three-part series chronicling Carol Sawdye’s round trip from PricewaterhouseCoopers partner to CFO jobs with the world’s biggest law firm, a major sports league, and, in a homecoming, the accounting firm itself. Without really knowing it, Carol Sawdye found herself ...
By David McCann • Feb. 20, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Managing IT Is a Conflict of Interest for CFOs
The number of information technology leaders reporting to the CFO has increased, rising from 42% in 2011 to 45% in 2012, according to a Gartner study. That compares with 31% who report to the chief executive officer and 9% who report to the chief operating officer. Despite the trend for more and ...
By Andreas Ludwig • Feb. 19, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Don’t Curse the Chit-Chat; Host the Conversation
Would you like to reduce the time your employees spend on Facebook, Twitter, LinkedIn, and other social-networking sites instead of doing their job?Try building your own social network.CFO recently reported that the question of social networking is one of the most discussed topics in company boar...
By Taylor Provost • Feb. 15, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending February 15
Prudential Financial Inc. has promoted Robert Falzon to lead the finance function, effective March 4. He will replace Rich Carbone, who is retiring as CFO after 16 years. Falzon is currently treasurer of the firm, a post he has held since 2009.Asset manager BlackRock Inc. has named Gary Shedlin, ...
By Joan Urdang • Feb. 14, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
AIG: America’s Improved Giant
Americans are often asked by politicians if they are better off now than they were four years ago. Anyone involved with American International Group (AIG), an insurance company felled by the financial crisis, can safely answer “yes” to that question. In just four years it has freed itself from a ...
By Economist Staff • Feb. 11, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Six Social-Media Skills Every Leader Needs
Few domains in business and society have been untouched by the emerging social-media revolution—one that is not even a decade old. Many organizations have been responding to that new reality, realizing the power and the potential of this technology for corporate life: wikis enable more efficient ...
By Sylvain Newton and Roland Deiser • Feb. 11, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
More CFOs Should Be CEOs: Corporate Execs
If you’re a CFO who thinks you’d make a fine CEO one day, you’re not alone — in two senses. Yes, we know, a lot of finance chiefs think they deserve to run the show. But did you know that executives throughout your organization probably think so, too?In a survey performed exclusively for CFO by ...
By David McCann • Feb. 8, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Finance Training Spawns Cash for Big Manufacturer
Companies typically look at training programs as a trade-off: employees are not being productive in their real job during the training, but they’re learning skills that will enhance productivity later.But at least one large company, Fortune 500 manufacturer Stanley Black & Decker (SBD), gener...
By David McCann • Feb. 8, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending February 8
John Ferrara has been appointed to the top finance spot at TheStreet Inc. He is a former chief operating officer of Invmetrics Holdings Inc., and before that was CFO of Edgar-Online Inc.Capital One Financial Corp. has named Stephen Crawford CFO Designate; he will become CFO on May 24 upon the ret...
By Joan Urdang • Feb. 8, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
In the Fast Lane at GM
Arriving in Boston last November, the day before the election, Daniel Ammann has places to go, people to see. The first stop for the senior vice president and CFO of General Motors is Fidelity Investments, which is both an investor and the administrator of GM’s U.S. pension and benefit plans. “We...
By Edward Teach • Feb. 7, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Operations Take Center Stage
When asked, most CFOs will tell you they are involved in operations. But often such involvement is like having a second, lower-paying job: they feel they can’t afford to divert too much focus away from their top breadwinner.Some finance chiefs see things differently, however. Jeff Richard, for ex...
By David McCann • Feb. 7, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Cut $8 Million in Labor Costs
Alegent Creighton Health, a large medical organization with over 100 sites of service — hospitals, clinics, and offices — spread across Nebraska and southwest Iowa, employs 10,000 doctors, nurses, technicians, and other caregivers. Until relatively recently, each Alegent Creighton Health facility...
By Taylor Provost • Feb. 7, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Leaping Ahead
Name: Ray Arthur Position: CFO of LeapFrog Enterprises, an educational toy and entertainment company Previous Positions: EVP and CFO at The Pep Boys — Manny, Moe, & Jack; EVP and CFO at Toys “R” Us; president of Toysrus.com; VP and corporate controller at General Signal; AVP compliance at Ame...
By Marielle Segarra • Feb. 7, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Weighty Delusion Could Hike Health Costs
There’s no question that a healthy workforce is more productive and cheaper than a less healthy one. But employees’ unrealistic self-appraisals may hinder employers’ efforts to nudge them toward healthy behaviors, a new survey suggests.Among nearly 2,900 employees at a wide range of companies wit...
By David McCann • Feb. 7, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Feds Shake Up Private Health-Exchange Market
The Health and Human Services, Labor, and Treasury departments put the kibosh on some uses of health reimbursement arrangements (HRAs) for active employees, under Affordable Care Act (ACA) guidance they jointly issued in late January.Employers establish and fund HRAs for various purposes, often t...
By David McCann • Feb. 7, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Situation Under Control
After two fat years following the recession, Johnson Controls fell on lean times in fiscal 2012. Thanks in part to the impact of foreign exchange, growth tailed off sharply, to 2.7% from 19% and 20.4% in 2011 and 2010, respectively. Still, the Fortune 100 multinational, with businesses in auto pa...
By David McCann • Feb. 7, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Auto Pilots
In Detroit’s long-running feud between car guys and finance guys, the finance guys are seemingly winning at General Motors. CEO Daniel Akerson’s previous job was at The Carlyle Group, a private-equity firm, and he was once CFO of MCI. He has no prior auto-industry experience (though he has run te...
By Edward Teach • Feb. 7, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Six Finance Jobs Ripe for Hiring in 2013
What finance positions in the financial-services industry will be hot in 2013? While economic and political uncertainty held back job growth in 2012, this year hiring activity is expected to be strong in six areas in particular, according to a new report from executive-recruiting firm CTPartners....
By David McCann • Feb. 5, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Insured and the Unsure
“If you like your health-care plan, you can keep your health-care plan.” That was what Barack Obama promised, time and again, to voters nervous about his plans to shake up America’s health-care system. It was an empty promise, a bit like saying: “If you like your husband, I promise he won’t divor...
By Economist Staff • Feb. 4, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Private Exchange Market Gets New Power Player
The emerging field of private health-insurance exchanges through which companies can provide employee health benefits grew by one potentially significant player on Thursday.Extend Health, which consulting firm Towers Watson purchased in 2012 and is the largest competitor in a crowded field of exc...
By David McCann • Feb. 1, 2013
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