Human Capital: Page 51
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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: PSEG’s Caroline Dorsa
Name: Caroline DorsaTitle: CFOCompany: PSEGWhat path did you take to the CFO seat at PSEG?I joined Merck in 1987. I was in finance for 18 of the 21 years I was there. I started in finance, stayed 5 years, spent 2 years in marketing finance, then went into the treasurer’s role and stayed in that r...
By Kate O'Sullivan • July 24, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Snapshot: Marathon Oil’s Janet Clark
Name: Janet ClarkTitle: CFOCompany: Marathon OilWhat is your best piece of advice for aspiring CFOs?It’s critical for aspiring CFOs to have a deep, fundamental understanding of their business and industry. This entails thinking broadly, studying industry peers and what drives success at other com...
By Kate O'Sullivan • July 23, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Snapshot: Aon’s Christa Davies
Name: Christa DaviesTitle: CFOCompany: AonWhen did you know you wanted to be a CFO? When did you start to pursue that path?When I was young, I was always intrigued by math and physics because I saw them as tools in logically solving problems. I majored in mechanical engineering with a specializat...
By Kate O'Sullivan • July 23, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Snapshot: Accenture’s Pamela Craig
Name: Pamela CraigTitle: CFOCompany: AccentureWhat is your best piece of advice for aspiring CFOs?Be very curious about all that is happening in the global economy and your industry, all the way through to your organization, including the people in it. This helps build a mind set that the work yo...
By Kate O'Sullivan • July 23, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Snapshot: Fannie Mae’s Susan McFarland
Name: Susan McFarlandTitle: CFOCompany: Fannie MaeTo see a video of Susan McFarland discussing her approach to developing finance talent, click here.When did you know you wanted to be a CFO? When did you start to actively pursue that path?It’s certainly not something I would have anticipated when...
By Kate O'Sullivan • July 23, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Drug-Benefits War Heats Up
Three months after the Federal Trade Commission finally approved the merger of Express Scripts and Medco, the country’s two largest pharmacy benefits managers, another PBM combination this month made fewer headlines and will affect fewer health-plan sponsors.Everything is relative, though. While ...
By David McCann • July 23, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Snapshot: Surviving the WorldCom Meltdown
Name: Victoria HarkerTitle: CFOCompany: GannettWhen did you know you wanted to be a CFO? When did you start to actively pursue that path?I didn’t. I had been developed through a wide array of management-training rotations at MCI (IT, network engineering, and marketing operations, as well as finan...
By Kate O'Sullivan • July 23, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 20
Tracey Travis announced her resignation from Ralph Lauren Corp. earlier this week to pursue other interests. Those interests became apparent when Estee Lauder Cos. named Travis as its new financial chief. She replaces retiring finance head Richard Kunes.Glassware manufacturer Libbey Inc. has anno...
By Bonnie Evans • July 20, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Walgreen, Express Scripts End War
The bitter pricing clash between Walgreen, the country’s largest pharmacy, and Express Scripts, now the largest pharmacy benefits manager (PBM) following its acquisition of Medco this year, ended with Walgreen capitulating, an industry analyst tells CFO. And one likely result, he says, will be a ...
By David McCann • July 19, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Wins Six Publishing Awards
CFO took six American Society of Business Publication Editors Northeast Regional Awards at a banquet in New York City last night. Five of the awards were for design, specifically honoring Robert Lesser, CFO’s art/design director.Lesser received two gold, two silver, and one bronze award for graph...
By CFO Editorial Staff • July 19, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
GM Plucks CFO from Rival for Europe Post
The next CFO of General Motors’s loss-making European business, Opel, will be Michael Lohscheller, a German native who for the past four years has headed finance at Volkswagen Group of America.Lohscheller’s appointment is part of a management shakeup that comes a week after Karl-Friedrich Stracke...
By Andrew Sawers • July 18, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Managing the Strategy Journey
Back in 2009, as the senior-management teams at many companies were just beginning to emerge from the bunkers to which they’d retreated during the peak of the financial crisis, McKinsey Quarterly wrote an article whose premise was that pervasive, ongoing uncertainty meant companies needed to get ...
By Lowell Bryan and Chris Bradley • July 18, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
New Threat to Personal Use of Corporate Jets?
Determining how to report perquisites has long been a bedeviling matter for public companies. It is not uncommon that more time is spent figuring out how to report perquisites than addressing any other matter on the summary compensation table.Even though “perks” are a relatively small portion of ...
By Andrew Liazos • July 17, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Business Apps Software Co. Fills CFO Slot
Progress Software Corp., a Bedford, Massachusetts-based business-software company, named Melissa Cruz to serve as its CFO and senior vice president, finance and administration, effective today. She fills a position that has been open since Charles Wagner, the previous CFO, left the company at the...
By CFO Editorial Staff • July 16, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Ahold CFO Dances as Fast as She Can
Paula Price isn’t afraid of learning something new. The previous job for the CFO of $25 billion grocery-store company Ahold USA was controller and chief accounting officer for another retailer, but one in a much different niche: pharmacy chain CVS Caremark. Before that, she was finance chief for ...
By David McCann • July 13, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 13
Federal Realty Investment Trust has named James Taylor to lead the finance function, effective August 15. He replaces Andrew Blocher, who is expected to stay on at the trust through next February. Previously, Taylor was senior managing director and head of real estate investment banking at Eastdi...
By Joan Urdang • July 13, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs Outpace CEOs on Pay Hikes
CFOs at large companies enjoyed greater compensation increases than their bosses for a second consecutive year in 2011, though the hikes were minuscule compared with the huge gains reaped the previous year, according to an analysis by Compensation Advisory Partners.The review included the 64 publ...
By David McCann • July 10, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Conference Board Sees Flat Summer Hiring
The Conference Board Employment Trends Index (ETI) dipped to 107.47 in June, down from the revised figure of 108.23 in May. The June figure, though, is 5.6% higher than it was a year ago.“The Employment Trends Index has been flat since February, suggesting that slow employment growth is likely to...
By CFO Editorial Staff • July 9, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Court Decision on Health Care to Trigger Compliance Frenzy
Now that the Affordable Care Act (ACA) has survived its constitutional challenge, companies will markedly ramp up the implementation of its provisions in the coming months.Significant regulations will continue to be issued, including those related to employers’ “pay or play” decision (i.e., wheth...
By Jeff Mamorsky • July 6, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 6
Finance chief Artie Minson Jr. has been promoted to chief operating officer at AOL. A search for his successor is under way, and Minson will remain CFO until the post is filled.Arthur Koch is resigning as CFO and executive vice president, finance, at specialty pharmaceutical firm Impax Laboratori...
By Joan Urdang • July 5, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 29
Clearwater Paper Corp. has named John Hertz CFO and senior vice president, finance, effective August 6. He succeeds interim CFO Jonathan Hunter, who will return to his post as controller. Formerly, Hertz was CFO of Novellus Systems Inc.Michael Bauer has been promoted to lead the finance function ...
By Joan Urdang • June 28, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Should You Be on a Board?
If you’re a CFO and think you might want to serve on a board of directors at another company, the first thing you should know is that the odds are stacked against you. Collectively, the 669 CFOs of Fortune 500 and S&P 500 companies — presumably the finance chiefs most appealing as board membe...
By David McCann • June 27, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Can You ‘Day Trade’ Talent to Hedge Risk?
A VUCA (volatile, unpredictable, complex, and ambiguous) environment will be the norm for the foreseeable future. That poses an interesting comparison between the way organizations hedge financial risk and how they might use human capital as a hedge.A diverse portfolio of investments includes som...
By John Boudreau • June 25, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Perched on a Precipice
The 2010 Patient Protection and Affordable Care Act, the centerpiece legislation of the Obama Administration, is vulnerable to dismantlement. Now in the hands of the U.S. Supreme Court, which is exploring the constitutionality of the law’s “individual mandate” requiring U.S. residents to purchase...
By Russ Banham • June 25, 2012
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