Human Capital: Page 54
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Less Offshoring Won’t Mean More Onshoring, Experts Say
U.S. and European-based companies will soon begin to offshore fewer business-services jobs to India, China, and other regions. Why? Not because they’re keeping those jobs onshore, as many hope, researchers at The Hackett Group, a global strategic business advisory firm, predict.By 2016, U.S. and...
By Marielle Segarra • March 27, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Do Your HR Leaders Spend Enough Time on Strategic Partnership?
Human-resources professionals often lament that they spend too little time acting as strategic partners in their organizations. But many observers have noted that the corporate appetite for HR to fill a strategic role is not the only factor. Rather, they argue, HR people themselves are devoting t...
By John Boudreau • March 27, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 23
Gordon Brothers Group has named John Kelliher to head finance. He succeeds Robert Paglia, who was appointed chief operating officer at the advisory, investment, and restructuring company last summer. Most recently, Kelliher was CFO of Twin Rivers Technologies Holdings Inc.Charles Boynton has been...
By Joan Urdang • March 22, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Houston, You May Have a Problem
If you’re a CFO in Houston and need to fill out your accounting staff, you may have a problem. Houston is the best city in the country for accounting and finance professionals, from accounts-payable clerks up through senior accounting managers, to find work, because of the plentiful supply of ope...
By David McCann • March 21, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Is New Barnes & Noble CFO Heading from Frying Pan to Fire?
Michael Huseby, who resigned his seven-year CFO post at Cablevision Systems last June, has landed in another finance hot seat, at transformation-minded bookseller Barnes & Noble.Huseby took over on March 13 from interim CFO Allen Lindstrom, who took the post when previous finance chief Joseph...
By David McCann • March 20, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
DoL Gets Tough on Retirement-Plan Enforcement
The Department of Labor’s Employee Benefits Security Administration (EBSA) has significantly raised its enforcement efforts against plan advisers and sponsors. In 2011 the EBSA closed 3,472 civil cases that brought in nearly $1.39 billion. It also closed 302 criminal cases that resulted in 129 in...
By Jeff Mamorsky • March 19, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Health Reform Throws Finance, HR into Same Foxhole
Health-care reform has been a catalyst for bringing finance and human-resources together to analyze potential effects on the organization. There are uncertainties around reform, such as whether the Supreme Court will uphold the individual mandate and how this fall’s elections will turn out, but t...
By David McCann • March 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 16
Barnes & Noble Inc. has named Michael Huseby to lead the finance function. Formerly, he was CFO of Cablevision Systems Corp.Investment-management company Eaton Vance Corp. has promoted Laurie Hylton to the top finance spot. She takes over from Robert Whelan, who has resigned. Hylton had been ...
By Joan Urdang • March 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Is My Overseas Supplier Protecting Children or Exploiting Them?
Reports of dreadful working conditions at FoxConn. Claims that cotton suppliers of Victoria’s Secret employ children. A new California law will force more than 3,000 manufacturers and retail chains to report on efforts to keep human trafficking and slave labor out of global supply chains.The issu...
By Vincent Ryan • March 15, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Crocs’ Success Is No Crock
Crocs, the company that makes the shoes on which almost everyone has an opinion, passed a milestone in 2011 by squeaking past the $1 billion revenue mark, according to the firm’s annual report filed last month. To CFO Jeff Lasher, the achievement was most definitely part of a journey, not a desti...
By Vincent Ryan and David McCann • March 13, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
For CFOs, There’s No Place Like Home
The turnover rate among large-company CFOs ticked up slightly in 2011 but remained well below its 2008 peak, according to research by recruiting firm Heidrick & Struggles.Perhaps counterintuitively, turnover among finance chiefs tends to be higher when the economy is performing well. In 2008,...
By David McCann • March 9, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Williams-Sonoma CFO Surprises Street with Departure
To the surprise of analysts, longtime CFO Sharon McCollam left Williams-Sonoma this week after 12 years with the cookware and house-furnishings retailer. The company made the announcement just hours before its fourth-quarter earnings call in which it reported a profitable quarter and year.McColla...
By Sarah Johnson • March 8, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 9
Sharon McCollam has retired as CFO and COO of Williams-Sonoma Inc. Corporate controller and treasurer Julie Whalen has been named acting CFO. Spirit Airlines Inc. has named Edward Christie III to lead the finance function, effective next month. He will take over from David Lancelot, who is leavin...
By Joan Urdang • March 8, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Want Health-care Reform to Go Away? Don’t Hold Your Breath
No matter what corporations are doing — or not yet doing — to get ready for new health-care reform provisions scheduled to take effect from 2014 through 2018, the fate of the law hinges on an upcoming Supreme Court ruling and this fall’s general election.CFOs’ interest in how those events will in...
By David McCann • March 8, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Heads Off to Google for a Secret Mission
Vanessa Wittman, CFO of Marsh & McLennan Cos. since 2008, is bidding for some heightened action with a move to fast-and-furious Google. But just what will she be doing there? So far, it’s a closely kept secret. She’ll be leaving Marsh & McLennan at the end of this month, but her starting ...
By David McCann • March 7, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Companies May Win This Drug War
An epic pricing battle between Walgreen, the nation’s largest drugstore chain, and Express Scripts, among the country’s largest pharmacy benefit managers (PBMs), has narrowed the pharmacy-network options available to thousands of corporate health-plan sponsors. Even as they grapple with the impli...
By David McCann • March 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
To Be Continued?
Say this much for disasters: they’re educational. Some, like Y2K, may offer useful lessons in overreaction. Others, like 9/11, may remain largely incomprehensible. But most, from Hurricane Andrew to the crisis surrounding Japan’s Fukushima nuclear plant, have pushed companies to develop better re...
By Yasmin Ghahremani • March 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 2
The Allstate Corp. has promoted Don Civgin, who has been CFO since 2009, to the post of president, Allstate Financial. He will be succeeded by Steve Shebik, who has been at the company for the past 16 years in a variety of senior financial roles.Paul Jacobson has been promoted to the top finance ...
By Joan Urdang • March 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Keeping Cool in the Hot Seat
The CFO’s role has expanded in recent years, perhaps most notably in the area of risk management. Finance chiefs frequently took charge of assessing and guarding against risk during the financial crisis, and as the economy has slowly recovered, few have relinquished the task. More than half of th...
By Kate O'Sullivan • March 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Adobe Remolds Itself
When a company claims to be “changing the world through digital experiences,” it had better be prepared to change along with it, and few can argue with Adobe Systems’s history of evolving at Internet speed. Founded 30 years ago with the goal of helping creative professionals render into print wha...
By Scott Leibs • March 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Steve Jobs, Reconsidered
I finished reading Walter Isaacson’s biography of Steve Jobs over Christmas break and I can’t stop thinking about it.The book disturbed me. I love Apple products; I wanted to admire Steve Jobs. But I don’t.Great leaders don’t call people names. They don’t treat a person like a prince one day and ...
By Susan Cramm • Feb. 29, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs Will Determine the Future of the CIO
Has any executive position gone under the microscope as often as the CIO’s? Do we read articles on the future of the CFO or COO or the head of HR? Maybe a few, but the CIO’s role has been poked and prodded and manhandled since the early 1980s when the position first came into existence.Perhaps we...
By Martha Heller • Feb. 28, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Human Capital in the Cloud
The world of finance and business is abuzz with the potential for the online “cloud” of computing capabilities and data to fundamentally alter commerce and the rules of competition. Most business leaders are at least evaluating the cloud’s impact on consumer research and data security, as well as...
By John Boudreau • Feb. 27, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending February 24
Jeffrey Vanneste will become head of finance at Lear Corp., effective March 15. Previously at Lear for more than 15 years in various roles including vice president of finance, European operations, Vanneste rejoins the company after serving as CFO of International Automotive Components Group.Chiqu...
By Joan Urdang • Feb. 23, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending February 17
Finance chief Michael DiCandilo has left pharmaceutical-services firm AmerisourceBergen Corp. A search is under way for his replacement; in the meantime, corporate controller Tim Guttman will become acting CFO.Gaming-machine designer and manufacturer International Game Technology has appointed Jo...
By Joan Urdang • Feb. 16, 2012
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