Human Capital: Page 55
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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 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Hart-Scott-Rodino Act: Not Just about M&A Activity
Many executives are aware that the Hart-Scott-Rodino (HSR) Act may pose barriers to a potential merger or acquisition. Among other things, the HSR Act generally requires a corporation to provide advance written notice to the Federal Trade Commission (FTC) and Department of Justice (DoJ) before bu...
By Andrew Liazos • Feb. 13, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Feds’ 401(k) Annuity Proposals: Baby Steps
Proposed new rules aimed at giving 401(k) plan participants more options to invest in annuities providing a guaranteed lifetime income stream may prompt some plan sponsors to offer such investments. But the proposals laid out jointly by the Labor and Treasury departments on February 2 don’t go ne...
By David McCann • Feb. 10, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending February 10
Sunoco Inc. has promoted CFO Brian MacDonald to the posts of president and CEO, effective March 1. In those roles, he replaces Lynn Elsenhans, who will remain chairman of Sunoco Inc. and Sunoco Logistics Partners LP until the company’s annual meeting in May. MacDonald will replace her in those po...
By Joan Urdang • Feb. 10, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How Leaders Kill Meaning at Work
As a senior executive, you may think you know what Job No. 1 is: developing a killer strategy. In fact, that is only Job 1a. You have a second, equally important task. Call it Job 1b: enabling the ongoing engagement and everyday progress of the people in the trenches of your organization who stri...
By Steven Kramer and Teresa Amabile • Feb. 8, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Switch to Nonprofit Offers CFO Less Pressure, But It’s Still No Vacation
In the second of two articles about CFOs who have made the shift from public companies to not-for profit associations, Bob McLean tells the story of his transition. After a long finance career at both public and private companies, McLean has been CFO of Promotional Products Association Internatio...
By David McCann • Feb. 6, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Out of the Fire, into Nonprofit
Public-company CFOs are on the edge all the time. There is daily, scalding scrutiny from shareholders, Wall Street, banks, customers, the chief executive, the board, their staffs, and even their own consciences. At the same time, many talk about “the rush,” the acute excitement of pulling the str...
By David McCann • Feb. 5, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending February 3
Scott Goldenberg has been promoted to the top finance spot at retailer The TJX Cos. He has been executive vice president, finance, since 2009.ATK, a defense and aerospace firm, has appointed Neal Cohen finance chief, effective February 13. Formerly, he was president and chief operating officer of...
By Joan Urdang • Feb. 2, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Facebook CFO: “Wicked Smart,” But No Ego
Facebook may have revealed a large number of risk factors in Wednesday’s S-1 filing for its initial public offering. But one thing it almost surely won’t have to worry about is its CFO messing up the deal.Those who know David Ebersman, 42, could hardly be more effusive in their praise of his lead...
By David McCann • Feb. 2, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Why You Fired the New Guy
We’ve all been there. When you were looking for, say, a new controller or financial-reporting chief, you did the search the right way and even hired slowly. You took your time, sourced a bunch of candidates, went through a three-stage interview process, and then started over when you decided you ...
By Kris Dunn • Feb. 2, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The New Talent Mix
It’s not news that today’s CFOs are more strategically oriented than many of their predecessors. But they are now trying to bring more of that analytical mind-set to their staffs, by adding more financial analysts than other types of finance positions.Compared with just two or three years ago, ne...
By David McCann • Feb. 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
HP’s Interesting Times
In its most recent 10-K filing, computer giant Hewlett-Packard lists among its business risks the “development of cloud-based solutions,” which would require the company to “transition to an environment characterized by cloud-based computing and software being delivered as a service.”“Transition”...
By David Rosenbaum • Feb. 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
In the Family Way
From childhood, Stew Leonard Jr. was groomed to take over his father’s Connecticut-based dairy and retail grocery business. He started by unloading trucks and stocking shelves and moved into management roles after graduating from college with an accounting degree. After a stint away at business s...
By Alix Stuart • Feb. 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Focus on Business, Not IT
I think David Rosenbaum covers the subject of the CFO-CIO relationship quite well in “CFOs and CIOs: Can We Talk?” (December 2011). History shows the IT function to be far too technology-centric and not business-centric enough. The career path for people in IT is within IT, across enterprises, in...
By CFO Readers • Feb. 1, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
For McDonald’s, Workers over 60 Are Precious Inventory
You know the principles of inventory optimization when it comes to raw materials, finished and unfinished goods, etc. You and your leaders understand the “80-20” rule – that 80% of the impact of inventory optimization occurs in the most pivotal 20% of inventory items. You don’t ignore the other 8...
By John Boudreau • Jan. 26, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending January 27
Transportation firm CSX Corp. has promoted Fredrik Eliasson to lead the finance function. He succeeds Oscar Munoz, who has been promoted to chief operating officer. Most recently, Eliasson was vice president of sales and marketing for the company’s fertilizer and chemicals division.John Mulligan ...
By Joan Urdang • Jan. 26, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Is Finance a Business Intelligence Customer Or Owner?
Using cloud computing for Business Intelligence (BI) promises to improve the quality and increase the speed of data-based decision making by tackling two historic BI pain points: the lack of ubiquitous access to data, and too many ill-matched, difficult-to-integrate data silos that inhibit compos...
By Beth Russell • Jan. 26, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A CFO & His Firm Fight for Disabled Veterans
The grace under pressure that’s essential for executing sensitive military missions is also a valuable trait for Cal Quinn in his civilian professional life, where he is CFO of Drexel Hamilton, a small but fast-growing institutional equity broker-dealer.Quinn, who served in specialized combat rol...
By David McCann • Jan. 25, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Acting as One: The Collective Leadership Approach
The ambition of organizational behavior can be stated simply as the ability to act “As One”: to effectively engage an organization’s people, purpose, and productivity. Many of the economic, political, and social challenges now confronting our society are variations of the same collective-action d...
By James Quigley • Jan. 24, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending January 20
Mark Rubash has resigned from the top finance spot at Shutterfly Inc., effective February 24. President and CEO Jeff Housenbold and chief accounting officer Brian Manca will take over for Rubash while a search for his replacement is under way.Marketing services and technology firm Acxiom Corp. ha...
By Joan Urdang • Jan. 20, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Fiduciary Proposal Puts CFOs’ Liability in Question
A U.S. Department of Labor proposal that critics worried would increase costs for participants of corporate retirement plans might have actually reduced the personal liability of some CFOs. A reproposed version of the rule, expected to be unveiled this year, will change the definition of “fiducia...
By Joseph S. Adams • Jan. 19, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Walgreen-Express Scripts War Could Cut Drug Costs
An epic pricing battle between Walgreen, the nation’s largest drugstore chain, and Express Scripts, arguably the second-biggest pharmacy benefits manager (PBM), has narrowed the size of pharmacy networks for thousands of corporate health-plan sponsors. And it could set the stage for more such win...
By David McCann • Jan. 18, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending January 13
Al Drewes has been named finance chief of The Sun Products Corp. He joins the household-products provider from Pepsi Bottling Group Inc., where he also was CFO.Discovery Communications Inc. has appointed Andrew Warren to lead the finance function, effective March 26. He takes over from Brad Singe...
By Joan Urdang • Jan. 13, 2012 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Stamp Out Irrational Health Choices
Research about behavioral economics can be extremely useful in designing and communicating employee benefit plans. Many organizations have already adapted behavioral-economic principles to improve how their employees use their defined contribution retirement plans. Many health decisions that shou...
By Christopher Goldsmith • Jan. 11, 2012
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