Human Capital: Page 59
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Starwood Studies Abroad
Space, as Captain James T. Kirk told us on Star Trek, is the final frontier. But to global businesses here on Earth in the early 21st century, all frontiers pale in comparison to China. Success there requires a nuanced understanding of the local marketplace, cultural perspectives, and approaches ...
By Donna M. Airoldi • Sept. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending September 2
Sonus Networks Inc. has named Maurice Castonguay CFO. He succeeds Wayne Pastore, who has headed finance since April 2010. Previously, Castonguay was CFO of BigBand Networks Inc.Gray Benoist, finance chief and senior vice president, finance, of networking, cable, and connectivity products designe...
By Joan Urdang • Sept. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
That Rising Feeling
Remember the summer of 2008? On the brink of the financial crisis, all anyone could talk about was the price of gas. The market meltdown and recession brought an end to those conversations and provided some relief from the steady upward climb of commodity prices (although clearly raising a slew o...
By Kate O'Sullivan • Sept. 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO Pay: Short on Sweet
After a recent survey showed 40% of finance executives said they did not get raises last year, we decided to conduct our own poll. Could those grim results possibly be the reality?Yes, our readers said, it is that grim and more. An even greater percentage — 50% — of the more than 125 respondents ...
By Alix Stuart • Aug. 31, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Risk and HR Managers: No Talking!
With risk management having bloomed, for many companies, into an essential competency over the past decade, it only makes sense that enterprise risk managers would eventually begin spooning human-capital risk onto their plates. And that is happening — but very slowly, with relatively few yet digg...
By David McCann • Aug. 30, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Finance Job Market Shrugs Off Fragile Economy
The U.S. debt downgrade, the stock market’s recent swoon, and the overall tepid rate of economic recovery haven’t, at least yet, done much to alter hiring trends for finance and accounting staff.Demand for such talent remains high relative to supply, says Andrew Reina, managing director of staffi...
By David McCann • Aug. 26, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending August 26
Finance chief Roy Templin plans to retire from Whirlpool Corp. in April of next year. Templin, who has been CFO since 2004, will be replaced by Larry Venturelli, now chief accounting officer, corporate controller, and CFO of Whirlpool International. NRG Energy Inc. has named Kirkland Andrews to h...
By Joan Urdang • Aug. 25, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Farewell, Friend
Unlike such CFOs as GE’s Keith Sherin or Goldman’s David Viniar, Ron Box was hardly a household name in finance circles. For 17 years, until passing away on August 10, he headed finance for Joe Money Machinery, a small, regional construction-equipment dealer based in Alabama.But he was on the top...
By David McCann • Aug. 25, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Evolving Wisdom on Health-Plan Design
Many large employers are acting now to implement, or move toward implementing, some elements of the Affordable Care Act (ACA) that will not be required until 2014 or later, suggests the latest report on health-plan design changes by the National Business Group on Health.In some cases, the moves a...
By David McCann • Aug. 24, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Pinpointing Your Pivotal Talent
When it comes to financial assets, organization systems inherently make an important distinction between “what’s important” and “what’s pivotal.” Yet organizations are far less consistent in making that distinction when it comes to their talent.In financial analysis, there is a clear distinction ...
By John Boudreau • Aug. 23, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Knowledge Management in a New Context
One of us — Carla — wrote her first book on how to implement knowledge management (KM), If Only We Knew What We Know, in 1998, when the discipline was less than a decade old.What a difference a decade makes. Witness September 11th, the Iraq and Afghanistan wars, the rise of China as a superpower,...
By Cindy Hubert and Carla O'Dell • Aug. 22, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs Dive into Human Capital
CFOs are spending more time outside the finance department, according to a recent survey conducted for Robert Half Management Resources, an accounting and finance recruiter. Of the 1,400 CFOs surveyed, 27% said they had become more involved in operations over the past three years, while 19% saw t...
By Marielle Segarra • Aug. 19, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending August 19
Sears Holdings Corp. has appointed Robert Schriesheim to the top finance spot. He previously headed finance at Hewitt Associates. Dorvin Lively has been appointed CFO and chief administrative officer at RadioShack Corp. Most recently, he was CFO of Ace Hardware Corp., a post he had held since 200...
By Joan Urdang • Aug. 18, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Risks of Retaliation
As if companies weren’t facing enough risks these days, there’s a new one to add to the list: retaliation claims. Over the past 10 years, employee retaliation charges have skyrocketed: charges filed with the Equal Employment Opportunity Commission (EEOC) increased nearly 70% from 2000 to 2010, fr...
By Marielle Segarra • Aug. 18, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Be Ready for New State Taxes on Equity Comp
It is increasingly common for executives to provide services in more than one state after receiving an equity compensation award, whether it be stock options, stock appreciation rights, restricted stock, or restricted stock units. These awards often vest over 3 to 5 years, and stock options typic...
By Andrew Liazos • Aug. 15, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending August 12
Lear Corp. has promoted CFO Matt Simoncini to the posts of president and CEO, effective September 1. He will replace Bob Rossiter, who will stay on as an adviser until May 2012. Robert Paglia has been promoted from finance chief and chief administrative officer to chief operating officer at Gordo...
By Joan Urdang • Aug. 12, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Be an Innovative CFO
“We need to be more innovative!” goes the rallying cry. “We need to think outside the box!” exhorts the CEO. In today’s market, with growth hard to come by, most companies are frantically seeking new ideas. And many finance chiefs, who are trained to follow rules and regulations and are often spe...
By Kate O'Sullivan • Aug. 12, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Make the Best Choice in a Storm
CFOs are often confronted with situations requiring quick and decisive action. From changing market conditions to urgent business issues, like matching a competitive offer or making an acquisition, CFOs are frequently called into action with limited information and little time to respond. Making...
By Bud Kulesza • Aug. 9, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A CFO Gets Ready for Takeoff
Virgin Galactic, the space-tourism company scheduled to start sending commercial flights 62 miles above Earth next year, has completed its CFO search by hiring Ken Sunshine, a veteran aerospace-industry finance executive.Sunshine has been CFO of the National Institute of Aerospace, Aurora Flight ...
By David McCann • Aug. 9, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending August 5
Landscape-maintenance equipment provider The Toro Co. has named Renee Peterson CFO and vice president, finance, effective August 22. She takes over from Stephen Wolfe, who is retiring. Previously, Peterson was vice president, finance and planning, for the automotive and truck divisions of Eaton C...
By Joan Urdang • Aug. 4, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Do Finance Practices Hinder Optimal Hiring?
Consider how your organization would react to the following situation: You are recovering from the economic downturn, and your strategic forecasts suggest growing demand for your products and services in the long run, but cost control remains important.Your strategic planning includes both financ...
By John Boudreau • Aug. 2, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 29
Financial-services firm Comerica Inc. has named Karen Parkhill as a vice chairman; she will also become finance chief after the company files its 10-Q for the third quarter. As CFO she will replace Elizabeth Acton, who plans to retire in April. Previously, Parkhill was CFO of the commercial banki...
By Joan Urdang • July 29, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Farewell to Brand-Name Drugs
Companies on the leading edge of effective health-care cost management are paring down prescription-drug outlays by ceasing coverage for brand-name drugs when there are legitimate over-the-counter substitutes.For drug categories as diverse as antacids, antidepressants, hypnotics, and cholesterol ...
By David McCann • July 28, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Is Your Change-in-Control Protection Safe?
Tax gross-ups provided to public-company executives under “golden-parachute” deals payable upon a change in control have recently come under heavy attack. Some large investors have submitted shareholder resolutions to ban this type of gross-up, and Institutional Shareholder Services considers it ...
By Andrew Liazos • July 25, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 22
Head of finance John Shroyer will leave Alliant Techsystems Inc. after it reports its first-quarter earnings on August 4. Effective August 8, controller Tom Sexton will serve as interim CFO at the defense, aerospace, and commercial-products firm until a permanent successor to Shroyer is found.Bus...
By CFO Readers and Joan Urdang • July 22, 2011
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