Human Capital: Page 52
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 8
Scientific-instrument provider Bruker named Charles Wagner Jr. to the top finance spot. He replaces William Knight, who will remain a member of the senior management team. Wagner, a member of the board of directors at Bruker since 2010, is a former CFO and executive vice president of finance and ...
By Joan Urdang • June 7, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Why We Need More IT Leadership, Not Less
Have you heard the latest? The CFO is the new CIO. In some companies, CFOs are assuming responsibility for IT. These companies have decided that IT development and delivery can be decentralized across the various business units and functions. The CFO, they believe, can provide the necessary c...
By Susan Cramm • June 4, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Chasing Venus: Why CFOs Should Care about People Metrics
Tomorrow, June 5, brings us an event that won’t happen again for more than 100 years: a “transit of Venus,” which occurs when that planet passes directly between the Sun and the Earth, seen as a small disc moving across the image of the Sun. The transits occur in pairs, eight years apart; the las...
By John Boudreau • June 4, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 1
Investment-decision support provider MSCI Inc. has named Robert Qutub to head finance, effective after the company files its next Form 10-Q. He succeeds David Obstler, who will leave the company on August 31. Formerly, Qutub was CFO of consumer and business banking at Bank of America.Carlos Macau...
By Joan Urdang • May 31, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Mystery Solved: CFO Lands at Google Mobile Unit
A mystery that’s been wafting about for three months was finally solved this week when Google named Vanessa Wittman CFO of its new mobile-technology division.Wittman announced her impending resignation from Marsh & McLennan Cos. on February 29 and said she’d be moving to Google. But neither s...
By David McCann • May 24, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending May 25
Gregory Macfarlane has been appointed to the top finance spot at H&R Block Inc. He succeeds Jeff Brown, who will become chief accounting and risk officer. Macfarlane is a former CFO of Ceridian Corp.Retailer American Eagle Outfitters Inc. has announced that finance chief Joan Hilson is leavin...
By Joan Urdang • May 24, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Company Could Pay for CFO’s Misguided Tweets
The company that fired its CFO last week over his social-media postings may not have let itself off the hook by doing so. Despite the company’s claim that it was unaware of the finance chief’s activities until May 11, it still may face a Securities and Exchange Commission enforcement action.On at...
By David McCann • May 22, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Beware the Tax Traps of Wellness Programs
These days, it seems that every major employer maintains some form of wellness program. The goal of these programs is simple: encourage employees to make healthier lifestyle choices and thereby control health-care costs. But wellness programs confront myriad legal restrictions. Employers are gene...
By Gary Quintiere and Elizabeth Drake • May 21, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Top 10 Trends in Executive Job Market
Top corporate executives looking to switch jobs may have a more fruitful market to draw from during the next year, according to ExecuNet, a senior-executive networking group with more than 250,000 members.In ExecuNet’s just-released annual report on the executive job market, which identifies the ...
By David McCann • May 21, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
What Makes a CFO Great?
What qualities typify excellence in a finance chief?Technical capability? It’s “completely irrelevant,” Ian Tyler, chief executive officer of Balfour Beatty, told an audience of well-qualified CFOs from England and Wales. “That is a commodity that you can buy. I’m not saying that it’s not importa...
By Andrew Sawers • May 18, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending May 18
John Weisenseel has been named finance chief of investment-management company AllianceBernstein LP. He succeeds interim CFO Edward Farrell, who will return to his posts as corporate controller and chief accounting officer. Previously, Weisenseel was CFO of Standard & Poor’s.CSC has named Paul...
By Joan Urdang • May 18, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Less Offshoring Won’t Mean More Onshoring
U.S. and European companies will soon begin to offshore fewer business-services jobs, say researchers at The Hackett Group. But that doesn’t mean more jobs will be brought back onshore.Those companies will simply start to “run out of jobs that can be moved offshore” by 2016, explains Michel Janss...
By Marielle Segarra • May 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Technically Speaking
With topics ranging from cloud computing to social-media strategy to data security, technology concerns are in the news daily. They’re also on the finance chief’s mind, according to CFO’s latest Deep Dive Survey, which asked more than 200 senior finance executives about their top technology conce...
By Kate O'Sullivan • May 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
To Get Ahead, Go in Reverse
The usual direction of innovation is from rich countries to emerging markets: design a product for the former, then export it (often a cheaper, no-frills version) to the latter. But authors Vijay Govindarajan and Chris Trimble of Dartmouth College’s Tuck School of Business argue that multinationa...
By CFO Editorial Staff • May 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Apologizing for Bad News? Be Careful with the Video
On April 20, 2010, BP’s Deepwater Horizon drilling rig exploded, killing 11 workers and spilling millions of gallons of oil into the Gulf of Mexico. On June 3, 2010, BP chief executive Tony Hayward went on YouTube, promising to “make this right.” By the end of July, Hayward had been fired.Perhaps...
By David Rosenbaum • May 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Time’s Up on 401(k) Fee-Disclosure Compliance
The July 1 deadline for compliance with the Department of Labor’s 401(k) and 403(b) fee-disclosure regulations is fast approaching. Reviewing related information is part of an employer’s fiduciary responsibility to prudently administer plan funds and service providers and make sure fees paid by t...
By Jeff Mamorsky • May 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Too Much Data, Too Little Judgment
Financial planning and analysis (FP&A) teams that want as much data at their fingertips as possible yet insist on using only “perfect” data in their analyses are unlikely to provide the kind of actionable insight many CFOs seek from those teams, a new report suggests.The desired level of insi...
By David McCann • May 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Too Much Data, Not Enough Insight
Thanks for the timely caution in “Putting People First” (April). It’s now dangerously easy to gather reams of data and crunch it through newer, more powerful tools as we rush to keep up with the newest technology offerings. This generates plenty of information, but we need people with insight at ...
By CFO Readers • May 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Take a Chance on Yourself
Success in the working world often hinges on knowing when it’s time to move on. You’ve worked hard for a given company, learned a lot, made many contributions — but the thrill is gone, and you want to advance in your career. So you take a chance on a new opportunity, trusting that the skills that...
By Scott Leibs • May 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Risk Takers, Career Makers
Like their male counterparts, female CFOs have taken many paths to the top spot. Some have come straight up through finance, while others moved over from operations. Some have been at the same company for decades, and others have forged their way through several companies in pursuit of new challe...
By Alix Stuart • May 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Dell Training Program Is Here and There
Most Fortune 100 companies have substantial formal programs for educating their top finance talent, and Dell is no exception. But the technology giant may have a slight edge, thanks in part to its use of a simple tactic that is nonetheless uncommon for such programs.Almost all companies Dell’s si...
By David McCann • May 11, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending May 11
J.C. Penney Co. has appointed Ken Hannah to lead the finance function. Most recently, he was president of solar energy at MEMC Electronic Materials; before that, he was CFO of that company.CFO Hermann Waldemer has decided to take early retirement from Philip Morris International Inc., effective J...
By Joan Urdang • May 10, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
New Lufthansa CFO Is Airline’s First Woman Exec Board Member
German airline Lufthansa has named Simone Menne as CFO, effective July 1. She is the first woman named to the executive board of the German airline and is currently the only woman CFO in the German DAX-30 stock market index. For the past two years, Menne, 51, has been CFO of British Midland, the ...
By Andrew Sawers • May 8, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Ford’s Risky Pension Gambit
Ford Motor Co.’s recent announcement of a new pension-payout option for retirees may help accomplish the company’s goal of strengthening its balance sheet. But over the years, could that come at a cost to Ford’s bottom line?The automaker says it will offer 90,000 retirees and former employees the...
By David McCann • May 8, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How Do Your HR Metrics Compare to Your Competitors’?
Spurred by the newly proposed standard for the disclosure of human-capital metrics, Automatic Data Processing (ADP) is gearing up to provide clients with something they’ve been requesting for years: benchmark information on its huge customer base.The human-resources outsourcing provider’s plan co...
By David McCann • May 3, 2012
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