Human Capital: Page 61
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Think (Again)
On a drizzly day in late May, IBM CFO Mark Loughridge welcomes a visitor to the company’s Armonk, New York, headquarters by offering him a printed PowerPoint deck. Nothing new in that — executives of all stripes, and particularly in finance, like to work from a script.What is different, however, ...
By Scott Leibs • July 15, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Spies Like You?
The days when a company could simply un-friend social media — hiding it behind a firewall so employees couldn’t access it — are disappearing faster than yesterday’s “Trending Now” topics on Twitter.With an estimated 70% of social-media use coming from mobile devices like smartphones, and new onli...
By Josh Hyatt • July 15, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
“You Take Risks and You Own Them.”
For the right kind of finance executive, the lure of a CFO post at a private-equity portfolio company is easy to see: a potential equity stake that could mushroom in value upon a successful exit, an opportunity to make a big impact, and, for some, the chance to escape the glaring spotlight at a p...
By David McCann • July 15, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Taking the Next Step
When it comes to gender diversity in finance, there is no other way to put it: women’s progress toward the top echelons has stalled. Although women make up 56% of undergraduate accounting majors and 36% of all MBAs, they fill just 9% of CFO roles at large companies, a percentage that has remained...
By Marielle Segarra • July 15, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 15
Biotechnology firm Avila Therapeutics Inc. has appointed Andrew Hirsch to be its first finance chief. He comes to the company from Biogen Idec, where he was vice president of corporate strategy and M&A.Darian Hong has been tapped for the top finance spot at software-as-a-service provider Lead...
By Joan Urdang • July 15, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
“Yeah, I Worked for Lehman, But …“
How do you find a new, high-level finance job if your previous employer is an albatross around your neck? What about if you’re on the hiring side, looking to fill a key staff position — should you err on the side of caution and not consider a person from an albatross company? The somewhat contrad...
By David McCann • July 13, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
“Yeah, I Worked for Lehman, But …”
How do you find a new, high-level finance job if your previous employer is an albatross around your neck? What about if you’re on the hiring side, looking to fill a key staff position — should you err on the side of caution and not consider a person from an albatross company? The somewhat contrad...
By David McCann • July 13, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 8
Hyperdynamics Corp. has named Paul Reinbolt to head finance, effective August 8. He is retiring from Marathon Oil Corp., where he has worked since 1980, most recently as vice president-finance and treasurer.Joel Wine has been named CFO and treasurer of Alexander & Baldwin Inc., effective Sept...
By Joan Urdang • July 8, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 8
Hyperdynamics Corp. has named Paul Reinbolt to head finance, effective August 8. He is retiring from Marathon Oil Corp., where he has worked since 1980, most recently as vice president-finance and treasurer.Joel Wine has been named CFO and treasurer of Alexander & Baldwin Inc., effective Sept...
By Joan Urdang • July 8, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Mentor Your Boss, the CEO
At a recent Institute of Management Accountants conference, Rich Beyer, chairman and CEO of Freescale Semiconductor, gave a presentation titled, “Financial Executives as True Business Partners.” The topic is not new to CFOs. But what made the presentation beyond the norm was its focus on the rela...
By Bud Kulesza • July 7, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
How to Mentor Your Boss, the CEO
At a recent Institute of Management Accountants conference, Rich Beyer, chairman and CEO of Freescale Semiconductor, gave a presentation titled, “Financial Executives as True Business Partners.” The topic is not new to CFOs. But what made the presentation beyond the norm was its focus on the rela...
By Bud Kulesza • July 7, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Enemy Number One: The Clock
CFOs face plenty of hindrances in trying to get their job done right: office politics, sluggish staff members, and a never-ending set of new regulations demanding compliance, to name a few. Which one is most vexing, though?In a recent survey, CFO asked more than 300 finance executives at small an...
By Alix Stuart • July 6, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Accountants Have a Pay Party
After two straight years when average pay increases for corporate accountants trailed the inflation rate, a healthy gain was recorded in 2010, according to the annual salary survey by the Institute of Management Accountants.The IMA’s membership is diverse: 20% senior executives, 37% directors or ...
By David McCann • July 5, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 1
Clint Freeland has been appointed to the top finance spot at Dynegy Inc. He joins the power company from NRG Energy, where he was senior vice president, strategy & financial structure.Storage area network company Virtual Instruments has named George Harrington CFO. He is a former vice preside...
By Joan Urdang • July 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending July 1
Clint Freeland has been appointed to the top finance spot at Dynegy Inc. He joins the power company from NRG Energy, where he was senior vice president, strategy & financial structure.Storage area network company Virtual Instruments has named George Harrington CFO. He is a former vice preside...
By Joan Urdang • July 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Employee Perks Stage a Comeback
National employment figures may be rather stagnant — annoyingly so, if you’d like to see some improvement in the economy — but the market for top-level talent appears to be loosening considerably. There are loads of signs, including a recent survey by The Corporate Executive Board that found 25% ...
By David McCann • June 30, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Employee Perks Stage a Comeback
National employment figures may be rather stagnant — annoyingly so, if you’d like to see some improvement in the economy — but the market for top-level talent appears to be loosening considerably. There are loads of signs, including a recent survey by The Corporate Executive Board that found 25% ...
By David McCann • June 30, 2011 -
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
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