Human Capital: Page 46
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Apple Plucks Xerox CFO
Xerox CFO Luca Maestri told the office-copier company Monday that he was resigning as of February 28 to become Apple’s corporate controller, Xerox reported in an 8-K filing today.As corporate controller, Maestri will work under Apple CFO Peter Oppenheimer. In assuming a role left vacant when Bets...
By CFO Editorial Staff • Jan. 11, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending January 11
Alcoa Inc. has promoted William Oplinger to the top finance spot, effective April 1. He takes over from Charles McLane Jr., who is retiring after 40 years at the company. Currently, Oplinger is chief operating officer of Alcoa’s global primary products division, a post he has held since December ...
By Joan Urdang • Jan. 10, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Worker Delusion Hikes Health-care Costs
For all the discussion about the ROI of wellness programs, there’s no debate that a healthier workforce is more productive and less costly than a less-healthy one. Many factors may hinder employers’ efforts to nudge workers toward healthy behaviors, one being that the workers seem to be delusiona...
By David McCann • Jan. 10, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Fixing a Small-Biz 401(k) Plan
A while back, I came to the realization that our small company’s 401(k) plan was silently robbing our employees of their retirement funds. Our plan, administered via our payroll company and a big-name Wall Street entity, had been selected a few years earlier by our former CFO. I believe she large...
By Will Akerlof • Jan. 8, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Nine Reasons Why Wellness Works
[Editor’s note: This article was edited from the original published version after CFO discovered inadvertent editing errors were made in the article’s “Reason #6.” CFO regrets the errors.][Editor’s note: This article outlines the reasons why wellness programs are thought to more than justify an o...
By Larry S. Chapman • Jan. 4, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Do the Wellness Math Yourselves, CFOs
[Editor’s note: This article exposes some potential flaws in the traditional view of the value provided by wellness programs. Click here for an opposing viewpoint.]Healthy workers are more productive than unhealthy workers, just like workers in some countries are demonstrably more productive than...
By Al Lewis • Jan. 4, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending January 4
Advanced Micro Devices Inc. has named Devinder Kumar to lead the finance function. He had been interim CFO since September, following the resignation of Thomas Seifert.Robert Christensen has been promoted to the top finance spot at truck designer and manufacturer Paccar Inc. Christensen, who star...
By Joan Urdang • Jan. 3, 2013 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 28
Ross Kari, who holds the top finance spot at Freddie Mac, has said he plans to retire in the latter half of next year. He will stay on through a transition period once a replacement has been named.Harmit Singh will become finance chief of Levi Strauss & Co. on January 16. Formerly, he was CFO...
By Joan Urdang • Dec. 28, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Curb Pension Risks
Managing the financial risk associated with pension obligations has become a high priority for many organizations in the current economic environment. The good news is that the recently enacted funding stabilization law, the Moving Ahead for Progress in the 21st Century Act (MAP-21), is helping t...
By Jeff Mamorsky • Dec. 26, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Who Should Manage Contract Risks?
CFOs know the importance of planning and taking the long view, so it’s natural they should have a special interest in preventing and managing risk within the organization, rather than just “mopping up” after a disaster. But before something can be managed, it must be identified and defined, with ...
By Craig Reilly • Dec. 20, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Three Resolutions CFOs Must Make for 2013
Like every year, 2013 will present new challenges. Are you ready? If it turns out the Mayans were wrong, you’ll have to be. Yes, it’s almost that time again: the time for New Year’s resolutions. The idea of making resolutions might bore you, or you might think you don’t have enough time for it. B...
By John Calia • Dec. 17, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Office Space
Like the rest of the executive team at Steelcase, CFO Dave Sylvester works in an open work space, not an office. Occasionally he’ll make a confidential call in one of the shared enclaves, or pace during a conference call at a shared walkstation, a treadmill desk designed by one of the brands with...
By Alix Stuart • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Are These Benefits Hokum, or Helpful?
To stay healthy, people should eat fruits and vegetables, exercise regularly, drink alcohol only in moderation, and smoke not at all. And they definitely should avoid saturating their systems with mercury.Back in 2004, Don Washkewicz, CEO of $13 billion manufacturer Parker Hannifin, had no idea t...
By David McCann • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Healthy Choices
Barely more than two years ago, the term “health-insurance exchange” was just nudging into the corporate lexicon. Today, it’s hot — and not just because of the state and federal exchanges to be created under the Affordable Care Act (ACA).Slated to come online in 2014, the public exchanges will al...
By David McCann • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Stopping Workplace Violence
On an August morning outside the Empire State Building, a man shot and killed a sales executive who worked for his former employer, Hazan Imports. Nine other people were injured in the shoot-out between police and the gunman. In November, an Apple Valley Farms employee gunned down two of his co-w...
By Marielle Segarra • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Work This Way
Name: Brian Kenyon Position: CFO of The Rock & Roll Hall of Fame and Museum Previous Positions: VP of finance and administration at The Rock & Roll Hall of Fame; VP of finance at International Total Services, an aviation staffing company; director of financial analysis at Signature Brands...
By Marielle Segarra • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Back to the Future
Some people live in the past, but Mike Kaelin is preoccupied with the year 2017. That’s because the CFO of RTI International tries to evaluate the company’s finance systems from the perspective of five years from now. “Historically, I wouldn’t say we had that forward-thinking view on things,” say...
By Matt Surka • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Open Minded
At least since the days of Bob Cratchit and his “dismal little cell,” finance staffers have been accustomed to working in adverse environments. Indeed, their ability to do so is practically a point of pride — comfort is for wimps. Some have been conditioned by stints at accounting firms, carrying...
By Edward Teach • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Future of Flash
Judy Bruner thought she had burned her bridges with SanDisk in 1999, when the flash-memory company first offered her the CFO job. Bruner, who was then corporate controller at 3Com, accepted the offer. But 3Com then asked her to become finance chief of its Palm computing subsidiary and spin it off...
By Edward Teach • Dec. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 14
Technology distributor Avnet Inc. has appointed Kevin Moriarty to lead the finance function, effective January 2. He succeeds Ray Sadowski, who announced earlier in the year that he would retire. Moriarty joins the firm from Honeywell International, where he was CFO of the global aerospace unit.V...
By Joan Urdang • Dec. 14, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Downsize a Family Business
For more than 25 years, the family business I ran had a policy to never lay off employees. But finally there came a day when the business was being hammered by imports from China, and the only chance to survive lay in finally breaking the policy. And we needed to reduce not only rank-and-file hea...
By Larry Putterman • Dec. 13, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
“Reckless, Wrong-Headed” Pension Rules Could Savage Europe’s Economy
Employers, business organizations, politicians, and pension experts are lining up to dump criticism on European plans to impose legislation designed for the insurance industry onto company-sponsored pension plans. The proposals could cost British employers a whopping $565 billion (£350 billion, €...
By Andrew Sawers • Dec. 12, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 7
Bedi Singh will become finance chief of the publishing entity of News Corp. after that firm’s proposed separation into two companies: the publishing unit will remain known as News Corp. and the media and entertainment division will become Fox Group. Formerly, Singh was CFO and president, finance ...
By Joan Urdang • Dec. 7, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Meet Your New Tech Leader, Different Than the Old Tech Leader
What is a chief technology officer? More importantly, why should CFOs care? The answer to the first question is multifaceted. The answer to the second question is this: we’ve fully entered the era of cloud, mobility, and Big Data. These are no longer tech trends; they’re facts of life. This me...
By Martha Heller • Dec. 7, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Hiring for Mobile? Join the Club
By 2016, 1 billion consumers will have smartphones, according to research firm Forrester, and the level of engagement with these devices seems to grow every day. Naturally, CFOs would like to reach the potential customers via their medium of choice.Not surprisingly, spending on mobile projects wi...
By Taylor Provost • Dec. 5, 2012
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