Human Capital: Page 61
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFO vs. CIO: Endgame in the Cloud
A May survey of 344 senior financial executives revealed that in 45% of organizations, the CFO “makes or leads IT investment strategy.” According to the study, by Gartner and Financial Executives International, this represents a trend toward growing CFO IT leadership — driven, perhaps, by the fac...
By David Rosenbaum • June 28, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Man of the People
For some CFOs, human-capital issues are like gnats: something to just swat out of the way in order to focus on the next financing deal or presentation to investors. For Keith Taylor, human capital is an elephant.Taylor is the new finance chief of Lyris, a $40 million publicly held provider of e-m...
By David McCann • June 27, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Man of the People
For some CFOs, human-capital issues are like gnats: something to just swat out of the way in order to focus on the next financing deal or presentation to investors. For Keith Taylor, human capital is an elephant.Taylor is the new finance chief of Lyris, a $40 million publicly held provider of e-m...
By David McCann • June 27, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 24
Susan McFarland has been tapped as the next CFO of Fannie Mae, effective July 11. Previously, she was principal accounting officer and executive vice president, finance, at Capital One Financial Corp.Cargill Inc. has promoted finance chief David MacLennan to the posts of president and chief opera...
By Joan Urdang • June 24, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Expect to Pay Higher Pension Premiums
Companies that offer defined-benefit pension plans to employees will likely see their premiums rise again. The prospect has been suggested in the ongoing discussions on Capitol Hill over the U.S. government’s financial problems.“Unfortunately, since the PBGC’s deficit is going up, [companies’] pr...
By Sarah Johnson • June 24, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 24
Susan McFarland has been tapped as the next CFO of Fannie Mae, effective July 11. Previously, she was principal accounting officer and executive vice president, finance, at Capital One Financial Corp.Cargill Inc. has promoted finance chief David MacLennan to the posts of president and chief opera...
By Joan Urdang • June 24, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Women CFOs: Still at 9%
When it comes to women in CFO roles at Fortune 500 companies, the faces may change, but the overall number stays essentially constant. As of June 1, there were 45 female finance chiefs in the Fortune 500 (see listing below). That’s just one more than in 2010 and 2009, for a percentage of 9%.Ten w...
By Marielle Segarra • June 22, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Women CFOs: Still at 9%
When it comes to women in CFO roles at Fortune 500 companies, the faces may change, but the overall number stays essentially constant. As of June 1, there were 45 female finance chiefs in the Fortune 500 (see listing below). That’s just one more than in 2010 and 2009, for a percentage of 9%.Ten w...
By Marielle Segarra • June 22, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Nowhere to Hide on Hidden 401(k) Fees
Under ERISA, CFOs and other retirement-plan fiduciaries are required to understand the fees and expenses charged and the services provided to the plan. While ERISA does not specify a permissible level of fees, the Section 404(a) fiduciary rules require that fees charged to a plan be “reasonable.”...
By Jeff Mamorsky • June 20, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 17
Executive vice president Gregg Seibert has added to his responsibilities by taking on the top finance spot at Cablevision Systems Corp. He succeeds Michael Huseby, who has resigned but is expected to stay on through July 1 to help with the transition. Seibert has been at the company since 2009; b...
By Joan Urdang • June 17, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
States Vie for Their Share of Equity Comp
If you want to cash in equity-compensation awards and are thinking about moving or retiring to a state with no personal income tax, such as Florida, better hurry: your window of opportunity to pull off the great escape may be closing.State tax authorities generally have a clear right to tax defer...
By David McCann • June 17, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 17
Executive vice president Gregg Seibert has added to his responsibilities by taking on the top finance spot at Cablevision Systems Corp. He succeeds Michael Huseby, who has resigned but is expected to stay on through July 1 to help with the transition. Seibert has been at the company since 2009; b...
By Joan Urdang • June 17, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
States Vie for Their Share of Equity Comp
If you want to cash in equity-compensation awards and are thinking about moving or retiring to a state with no personal income tax, such as Florida, better hurry: your window of opportunity to pull off the great escape may be closing.State tax authorities generally have a clear right to tax defer...
By David McCann • June 17, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Five Tips for Writing an Effective Résumé
In today’s fiercely competitive job market, it’s harder than ever to stand out from the crowd. One way CFOs can do so is to make their résumés stand out. Just as corporate data must be corralled and organized, so a finance chief’s résumé should be shaped into a single, consistent story, experts s...
By Marielle Segarra • June 14, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Five Tips for Writing an Effective Résumé
In today’s fiercely competitive job market, it’s harder than ever to stand out from the crowd. One way CFOs can do so is to make their résumés stand out. Just as corporate data must be corralled and organized, so a finance chief’s résumé should be shaped into a single, consistent story, experts s...
By Marielle Segarra • June 14, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Ghost of Enron Wreaks New Havoc on Exec Pay
It’s reasonable to expect that directors and senior management at many public companies will be considering changes to executive pay packages in the coming months. As of June 6, there were more than 30 public companies with failed “say-on-pay” votes and several others with significant levels of n...
By Andrew Liazos • June 13, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 10
Peter Hunt has been named to lead the finance function at Virgin America, effective July 11. He will succeed Holly Nelson, who is leaving the company. Previously, Hunt was CFO of Pinnacle Airlines.Ally Financial Inc. (formerly GMAC Inc.) has appointed James Mackey CFO. Mackey, who has been at the...
By Joan Urdang • June 10, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 10
Peter Hunt has been named to lead the finance function at Virgin America, effective July 11. He will succeed Holly Nelson, who is leaving the company. Previously, Hunt was CFO of Pinnacle Airlines.Ally Financial Inc. (formerly GMAC Inc.) has appointed James Mackey CFO. Mackey, who has been at the...
By Joan Urdang • June 10, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Healthy Returns from Wellness Programs
Many CFOs are asked to move mountains. Andy Hunziger, CFO of Lincoln Industries, is asked to climb them — once, sometimes twice a year.The mountain-climbing expeditions, part of the $100 million company’s wellness program, are just one of the ways Lincoln CEO Marc LeBaron makes his direct reports...
By Alix Stuart • June 9, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Healthy Returns from Wellness Programs
Many CFOs are asked to move mountains. Andy Hunziger, CFO of Lincoln Industries, is asked to climb them — once, sometimes twice a year.The mountain-climbing expeditions, part of the $100 million company’s wellness program, are just one of the ways Lincoln CEO Marc LeBaron makes his direct reports...
By Alix Stuart • June 9, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
For CFOs, a Small Step Toward CEO Pay
CFOs made a lot more money in 2010 than in the previous year, and their pay grew at a faster rate than that of their bosses. But the gap between CFO and CEO compensation remains so vast that even a solid annual gain for the finance leaders did virtually nothing to close it.Those conclusions can b...
By David McCann • June 7, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Myth of the Open Door
Almost everyone, it seems, is pulled in many directions at work these days, but none more so than CFOs, who are left with little room for building much-needed relationships with their staff. We tend to spend significant time with other C-suiters, especially the CEO, as we strive to make certain t...
By Bud Kulesza • June 7, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Myth of the Open Door
Almost everyone, it seems, is pulled in many directions at work these days, but none more so than CFOs, who are left with little room for building much-needed relationships with their staff. We tend to spend significant time with other C-suiters, especially the CEO, as we strive to make certain t...
By Bud Kulesza • June 7, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
For CFOs, a Small Step Toward CEO Pay
CFOs made a lot more money in 2010 than in the previous year, and their pay grew at a faster rate than that of their bosses. But the gap between CFO and CEO compensation remains so vast that even a solid annual gain for the finance leaders did virtually nothing to close it.Those conclusions can b...
By David McCann • June 7, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending June 3
Irene Esteves will be the new finance chief at Time Warner Cable Inc. She takes over from Robert Marcus, who was promoted to the roles of president and chief operating officer last year but also stayed on as CFO until his replacement could be found. Most recently, Esteves headed finance at XL Gro...
By Joan Urdang • June 3, 2011