Human Capital: Page 50
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending August 17
Owens Corning has promoted Michael McMurray to the top finance spot. He has been at the company since 2008, and most recently served as vice president and finance leader of its Building Materials Group.Media and marketing research company Arbitron Inc. has named Debra Delman CFO and executive vic...
By Joan Urdang • Aug. 17, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Scourge of Performance Reviews
I don’t like performance reviews, and I’m not alone. Not that they can’t be done well. It’s just that, owing to human nature, they rarely are.Let me count the ways they fall short: (1) Many people, including otherwise good managers, shy away from difficult discussions. (2) The typical numerical g...
By David McCann • Aug. 16, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
To Find Skilled Workers, Go Global
After years of emphasizing worker training and education, emerging markets such as India, China, Brazil, and Eastern Europe now have labor surpluses, and not just of the unskilled whose low wages attracted outsourcing and drove global expansion for a quarter century.Workers in such markets increa...
By Bonnie Evans • Aug. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
New IRS Rule on Business Aircraft Could Cost Companies Big Bucks
The corporate tax impact arising from executives’ personal use of company-owned aircraft, while already bothersome, may get much worse under recently finalized Internal Revenue Service regulations. Proper planning, however, can save companies bundles of cash.Such aircraft usage results in taxable...
By Andrew Liazos and Ruth Wimer • Aug. 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Giant Gift for Pension-Plan Sponsors
CFOs rejoice! Congress has given you an early Christmas present, in the form of legislation known as “Moving Ahead for Progress in the 21st Century” (MAP-21). The law permits employers that sponsor defined-benefit plans to decrease required contributions and improve plan funding attainment percen...
By Jeff Mamorsky • Aug. 13, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Peek Inside a Forensic Fraud Investigation
When Chris Giovino began investigating a U.S. manufacturer, the company knew funds had been embezzled but not how much or who was involved. But during the process, Giovino discovered a systematic fraud, totaling more than $3 million, that was perpetrated by two rather key employees: the chief exe...
By Caroline McDonald • Aug. 13, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending August 10
Peter Seymour has been promoted to executive vice president & chief financial officer of Disney/ABC Television Group, a newly created post. Formerly, he was executive vice president of strategy and research at Disney Media Networks, a role he had held since 2008.ON Semiconductor and its finan...
By Joan Urdang • Aug. 10, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Cloudy Revolution for HR Tech Arena
“The cloud” may be taking over a key operational area sooner than you thought. Although many companies remain skittish about letting software-as-a-service applications manage sensitive data, SaaS is rising fast in the human-resources area to take on long-dominant, perhaps more robust, but surely ...
By David McCann • Aug. 10, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Why Education Can Help Drive Investment Risk
Financial analysts typically consider a variety of factors when choosing regions in which to invest, including price stability, political stability, economic financial stability, and infrastructure quality. But a global analysis of talent markets over the next 10 years, and a massive shift in ins...
By John Boudreau • Aug. 7, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Snapshot: Commercial Metals’s Barbara Smith
Name: Barbara Smith Title: CFOCompany: Commercial Metals Co. (CMC)To see a video of Barbara Smith discussing an important, yet underrated, skill for CFOs, click here.When did you know you wanted to be a CFO?I grew up in an entrepreneurial family and was always interested in the dynamics of family...
By Kate O'Sullivan • Aug. 6, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending August 3
The AES Corp. has named Thomas O’Flynn to lead the finance function, effective September 4. He succeeds interim CFO Mary Wood, who will return to her post as controller. Most recently a senior adviser to the private-equity group at Blackstone, O’Flynn is a former CFO of Public Service Enterprise ...
By Joan Urdang • Aug. 3, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Retirement: A Recalculated Risk
Even employees who have traditional pensions will be working longer than they planned — and their bosses know it. In a recent survey conducted by CFO Research in collaboration with Prudential Financial, about 70% of senior finance executives said they believe their companies’ employees will be fo...
By Josh Hyatt and David W. Owens • Aug. 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
More CEOs Go
CFOs looking for a promotion may take heart from the latest annual survey of CEO succession from consultancy Booz & Co. Last year, the percentage of top bosses who departed the world’s 2,500 largest companies rose to 14.2% — that’s 355 CEOs who moved out — from 11.6% in 2010. The improved out...
By Andrew Sawers • Aug. 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Defensive Maneuvers
The defense industry is preparing for leaner times, thanks to deep cuts in military spending. Starting in fiscal 2012, the Budget Control Act of 2011 will reduce the Pentagon’s budget by $487 billion over the next 10 years. That number could more than double because of “sequestration,” a deficit-...
By Edward Teach • Aug. 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Training at Dell: Here, There, and Everywhere
Most Fortune 100 companies have substantial formal programs for educating their top finance talent, and Dell is no exception. But the Round Rock, Texas-based computer giant may have a slight edge, thanks in part to its use of a simple tactic.Almost all companies of Dell’s size are globalized, and...
By David McCann • Aug. 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
No Dire Straits for Boomers
In regard to the worry over baby boomers leaving the workforce, the institutional-knowledge challenge is being solved in many ways, and is creating less turmoil than projected by many business analysts (“When the Boomers Go,” June). Many people age 50 and over are staying on because they need, or...
By CFO Readers • Aug. 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Is Your Company Bogged Down with ‘Pet’ Risks?
Even a company that is quite thorough in identifying and mitigating the most important risks it faces may spend valuable resources focusing on minor risks, or even nonrisks. The problem involves what some call “pet risks,” or those identified by company managers who wish to assign a perhaps unjus...
By Caroline McDonald • July 31, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Is This Pay Package Good Enough?
Congratulations. You’ve been offered a new CFO job. But there remains the matter of evaluating the pay package.If it’s a great offer, or if it’s a poor one, you can probably decide fairly easily whether you should take it, assuming you’re comfortable with your future colleagues and the new compan...
By David McCann • July 30, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 27
David Turner has been named CFO of KPMG LLP, effective August 1. He takes over from Larry Laughman, who is retiring. Previously, Turner was an executive vice president at Thomson Reuters.MetLife Inc. has appointed John Hele to the top finance spot, effective September 4. He is a former CFO and tr...
By Joan Urdang • July 27, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Snapshot: Kelly Services’s Patricia Little
Name: Patricia LittleTitle: CFOCompany: Kelly Services Inc.When did you know you wanted to be a CFO? When did you start to actively pursue that path?I started to think about and then pursue the CFO track at the midpoint of my career. I decided to broaden my experience base in order to have all th...
By Kate O'Sullivan • July 25, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Snapshot: Erie Insurance’s Marcia Dall
Name: Marcia DallTitle: CFOCompany: Erie InsuranceWhat was your most important career decision?One of the most important earlier career decisions was to join the corporate audit staff at GE. It was such a great training ground, seeing so many different businesses in such a short time frame. You f...
By Kate O'Sullivan • July 25, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Quick Take: BlackRock CFO Ann Marie Petach
Name: Ann Marie PetachTitle: CFOCompany: BlackRockLooking back, what was the most important career decision you made?Continuously being willing to take new and different assignments — it helps you to learn and keeps the job fun and interesting. I have been fortunate to work in the U.S., Brazil, a...
By Kate O'Sullivan • July 25, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Quick Take: Gilead Sciences CFO Robin Washington
Name: Robin WashingtonTitle: CFOCompany: Gilead SciencesWhat is your best piece of advice for aspiring CFOs?My best advice for aspiring CFOs would be to take on challenging assignments that take you out of your comfort zone and give you a diverse set of experiences. Consider assignments that give...
By Kate O'Sullivan • July 25, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Snapshot: TIAA-CREF’s Gina Wilson
Name: Gina WilsonTitle: CFOCompany: TIAA-CREFWhen did you know you wanted to be a CFO? When did you start to actively pursue that path?After two stints as controller — at Transamerica Life Cos. and MetLife — I wanted broader vistas and more exposure to business operations, and ultimately responde...
By Kate O'Sullivan • July 24, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Snapshot: Hertz’s Elyse Douglas
Name: Elyse DouglasTitle: CFOCompany: The Hertz Corp.When did you know you wanted to be a CFO? When did you start to actively pursue that path?Essentially, when I was approached by Hertz CEO Mark Frissora about being the company’s CFO is when I seriously began to consider the position and taking ...
By Kate O'Sullivan • July 24, 2012