Human Capital: Page 57
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 30
Anil Amlani will become head of finance at ultrasound manufacturer SonoSite Inc., effective January 2. He succeeds Marcus Smith, who has resigned as CFO and treasurer, also effective January 2. Amlani is now president and CEO of SonoSite subsidiary VisualSonics.Online real estate company Move Inc...
By Joan Urdang • Dec. 30, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Best of 2011: Employee Benefits
The health-care benefits arena spent much of 2011 on hold, with uncertainty prevailing over how regulations would be written for the reform law that was enacted the previous year.And with arguments over the law’s constitutionality almost certainly headed for a Supreme Court showdown in 2012, many...
By CFO Editorial Staff • Dec. 28, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 23
Michael Cazer is the new finance chief at Alticor, parent company of Amway. He is a former president of the European division of Brink’s Co., and a former CFO of GE Security as well as GE Consumer and Industrial Europe at General Electric.Retailer Harry & David has named Michael Schwindle to ...
By Joan Urdang • Dec. 23, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Banks Favor Companies with Women CFOs?
Companies with female CFOs secure lower bank-loan prices, according to a new study from Rensselaer Polytechnic Institute (RPI). The research looked at a sample of companies from the S&P 1500 over more than 10 years and found that firms where a woman was CFO scored 11% lower bank-loan prices t...
By Marielle Segarra • Dec. 22, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Oiling the Leadership Machine at GE
Peter Mondani isn’t a CFO, but his to-do list couldn’t be much longer if he were. As vice president of financial leadership development and human resources at General Electric, his bailiwick seems almost infinite.He’s responsible for recruiting, assessing, and developing future finance leaders. A...
By David McCann • Dec. 16, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 16
Timothy Wiggins has been named CFO and treasurer of DeVry Inc., effective January 3. He takes over from Richard Gunst, who had announced he was retiring. Wiggins has been CFO of Tellabs since 2003.Eugene Midlock is retiring as head of finance at medical-device manufacturer The Cooper Cos. He will...
By Joan Urdang • Dec. 16, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Execs to Cash In Despite Market Woes
Are companies in denial when it comes to executives’ annual bonuses for 2011? Judge for yourself.Among 265 companies that participated in a newly released Towers Watson survey, 42% said their shareholders’ total returns were lower this year than in 2010. No surprise there, given the stock markets...
By David McCann • Dec. 9, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 9
Real estate investment trust Douglas Emmett Inc. has named CFO William Kamer to be its next chief investment officer, effective January 1. Principal accounting officer Theodore Guth will succeed Kamer in the top finance spot.Finance chief David Sommers has been promoted to executive vice chairman...
By Joan Urdang • Dec. 9, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Vertex Tops EVA Momentum Ranking for Q3 2011
Vertex Pharmaceuticals, a Cambridge, Massachusetts, biotech company, had the best profitability performance of any nonfinancial company in the United States over the four quarters ended in September. Vertex vaulted from near the bottom of the CFO EVA Momentum Ranking in the second quarter to numb...
By Al Ehrbar • Dec. 9, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Year-End Business Reviews: Why Wait Until Then?
One calendar year closes; another must be prepared for. You and your staff would be most efficient and effective throughout the year by evaluating your company’s successes and weaknesses on a continual basis, but most finance organizations don’t take the time to do it.Most companies enforce an in...
By Bud Kulesza • Dec. 5, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 2
Flowserve Corp. has appointed Michael Taff to be its new finance chief; he will join the firm early next year. Previously, he was CFO of The Babcock & Wilcox Co.Tom Seaver has been named to lead the finance function at retailer Trans World Entertainment Corp. He succeeds John Sullivan, who ha...
By Joan Urdang • Dec. 2, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Beyond the IPO
In one respect, Steve Sordello is like many senior executives in Silicon Valley: he landed a C-level job at a dot-com at an age (31) that would be considered young if not downright precocious in any other industry, when he became CFO at publicly traded search-engine company Ask Jeeves in 2001.But...
By David McCann • Dec. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Lifting the Lid on 401(k) Fees
“Never do anything you wouldn’t want seen in a Macy’s window.” That old saw comes to mind as 401(k)-plan sponsors prepare to prominently display the fees charged by their plans. Many are no doubt worrying whether plan participants will view those costs as unreasonable, or even as a cruel April Fo...
By Russ Banham • Dec. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Gearing Up
The view from CFO Ed Rapp’s seventh-floor office at Caterpillar headquarters in Peoria, Illinois, looks pretty sweet these days. The iconic manufacturer of dozers, graders, and other earth-moving equipment is on track to post record profits and revenues this year — sales should hit somewhere arou...
By Randy Myers • Dec. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Hang On to That High Performer!
Many CFOs aren’t fully comfortable with or interested in dabbling in human resources, but most place high value on retaining the top talent in their own finance organizations. Understanding the patterns of employee departures can help executives satisfy that need.In these days of fewer job moveme...
By David McCann • Nov. 30, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Survival in the World of Radical Talent Management
For individuals and companies alike, survival often depends on understanding the limits of their experience and recognizing when fundamental assumptions need to change.Some vivid examples are recounted in the book Deep Survival: Who Lives, Who Dies and Why, by Laurence Gonzales (W.W. Norton &...
By John Boudreau • Nov. 28, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending November 25
Mick Lopez has been named to the top finance spot at technology and innovation services company Aricent Group. He succeeds David Freedman, who is leaving the firm. Lopez is a former vice president of corporate finance and operations at Cisco Systems.Duke Manufacturing Co. has announced that Larry...
By Joan Urdang • Nov. 23, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Health Cost Hikes Moderate, But….
Employers have been trying to get health-benefits costs under control for years, but against the backdrop of uncertainty created by health-care reform, those efforts are accelerating and getting more urgent.That’s so even though growth in the average total health benefit cost per employee, which ...
By David McCann • Nov. 22, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Data Management Imperative
Who’s responsible for the data you need in order to give your organization an accurate snapshot of where it is and how it’s performing, as well as actionable insight that will help it achieve its goals?This question, and its answer, are critical in today’s increasingly data-rich business environm...
By David Rosenbaum • Nov. 22, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Avoid Tax Penalties on Deferred Comp
It’s that time when everyone is thinking about what needs to get done before the end of the year. One item to add to the list is reviewing the administrative operation of the company’s nonqualified deferred-compensation plans during the past year. No matter how good your plan administration is, e...
By Andrew Liazos • Nov. 21, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending November 18
Christopher Hix will become finance chief of chemical firm OM Group, effective January 3. He replaces Kenneth Haber, who had announced he would retire at the end of the year. Previously, Hix was CFO at Robbins & Myers Inc.Cloud-computing company Rackspace Hosting has promoted Karl Pichler to ...
By Joan Urdang • Nov. 18, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Train Workers to ‘Get’ the Business
A picture may be worth not just a thousand words, but a sizable chunk of cash as well, Dallas/Fort Worth International Airport has found.All of the key financial metrics the airport tracks have improved for five years running, says DFW finance chief Christopher Poinsatte. He attributes that large...
By David McCann • Nov. 18, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Time to Put HR under a Microscope?
Shifts in business and social norms are putting pressure on C-suite executives to take a new look at their human-resources functions. So suggests Michael Gregoire, CEO of Taleo, a vendor of human-resources technology.One change that has emerged quickly over the past couple years is a spike in the...
By David McCann • Nov. 17, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Supremes Fired Up over Health-Care Case
As we predicted in prior articles, on November 14 the Supreme Court decided to hear legal challenges to the Patient Protection and Affordable Care Act, commonly referred to as health-care reform or Obamacare. The central issue in the case involves the constitutionality of the individual mandate; ...
By Jeff Mamorsky • Nov. 16, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending November 11
Echelon Corp. has named Bill Slakey to the top finance spot. He replaces Oliver Stanfield, who is retiring but will remain at the energy control networking firm to aid in the transition. Previously, Slakey was CFO of several public and private companies, including Handspring Inc., Extreme Network...
By Joan Urdang • Nov. 11, 2011
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