Human Capital: Page 63
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending May 6
John Morphy plans to retire as CFO, treasurer, and secretary of human-resources and payroll services provider Paychex Inc. at the end of the year. Efrain Rivera, a former CFO of Bausch & Lomb, has been named CFO and treasurer, effective June 1.Footwear manufacturer Crocs Inc. has promoted Jef...
By Joan Urdang • May 6, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
When No One Is Looking
When living in my home state of Texas, one becomes acutely aware of what’s known as the “Code of the West.” No written version of the code has ever been found, but the unwritten one served as guidance for winning respect (and surviving) out West. As John Wayne famously said, “A man’s got to have ...
By Bud Kulesza • May 5, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
When No One Is Looking
When living in my home state of Texas, one becomes acutely aware of what’s known as the “Code of the West.” No written version of the code has ever been found, but the unwritten one served as guidance for winning respect (and surviving) out West. As John Wayne famously said, “A man’s got to have ...
By Bud Kulesza • May 5, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Sense of Disclosure
CFOs at small and midsize companies should monitor new 401(k) plan disclosure requirements. There are several new or forthcoming rules, and one in particular — ERISA Section 404 (a)(5) — could cause headaches. Plan fiduciaries have new obligations that carry substantial penalties and are likely t...
By David McCann • May 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
“This Is a Mega-Event.”
In a year that has thus far seen an earthquake in New Zealand; flooding in Brisbane, Australia; and a stunning combination of earthquakes, a tsunami, and nuclear-radiation leakage in Japan, insurance-industry CFOs have even more cause than usual to alert their clients to risk-management strategie...
By Kate O'Sullivan • May 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Talent for Talent
Mario Ellis is ready for a change. As director of compensation and HR systems for the University of Chicago Medical Center, which employs 6,300 people, Ellis wants more flexibility than his ERP-based goal-setting and performance-evaluation system currently provides. He envisions replacing it with...
By Kim Girard • May 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Sense of Disclosure
CFOs at small and midsize companies should monitor new 401(k) plan disclosure requirements. There are several new or forthcoming rules, and one in particular — ERISA Section 404 (a)(5) — could cause headaches. Plan fiduciaries have new obligations that carry substantial penalties and are likely t...
By David McCann • May 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Rematch
CFO’s 2011 401(k) Buyer’s Guide is available as an Excel spreadsheet, with an addendum offered in PDF format. To download the files, click below.Survey Results (Excel spreadsheet)Addendum (PDF)Richard Kelecy wasn’t expecting employees to cheer the news in 2009 that WRScompass, an environmenta...
By David McCann • May 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Attention Deficit
Steve Abely, CFO of Abound Solar, a privately held solar-module manufacturer, is the very model of a strategic CFO. Is he about to pay a price for his recent success?Abound Solar secured a $400 million loan guarantee from the U.S. Department of Energy last December and raised $110 million in equi...
By Sarah Johnson • May 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
“This Is a Mega-Event.”
In a year that has thus far seen an earthquake in New Zealand; flooding in Brisbane, Australia; and a stunning combination of earthquakes, a tsunami, and nuclear-radiation leakage in Japan, insurance-industry CFOs have even more cause than usual to alert their clients to risk-management strategie...
By Kate O'Sullivan • May 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Rematch
CFO’s 2011 401(k) Buyer’s Guide is available as an Excel spreadsheet, with an addendum offered in PDF format. To download the files, click below.Survey Results (Excel spreadsheet)Addendum (PDF)Richard Kelecy wasn’t expecting employees to cheer the news in 2009 that WRScompass, an environmental cl...
By David McCann • May 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending April 29
President Safra Catz will add CFO to her title at Oracle Corp. She replaces Jeff Epstein, who has resigned. Catz has been at the firm since 1999 and has been president since 2004. She also held the top finance spot once before, from 2005 to 2008.Greg Frost has announced that he will resign as hea...
By Joan Urdang • April 29, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending April 29
President Safra Catz will add CFO to her title at Oracle Corp. She replaces Jeff Epstein, who has resigned. Catz has been at the firm since 1999 and has been president since 2004. She also held the top finance spot once before, from 2005 to 2008.Greg Frost has announced that he will resign as hea...
By Joan Urdang • April 29, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Four “I’s” of Talent Management
As is true in many other professions, finance staffers climb the corporate ladder by excelling at skills that don’t exactly match what they’ll need when they reach the top. A case in point is talent management. Although this skill has value at rungs along the way, it becomes ever more crucial as ...
By David McCann • April 26, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Four “I’s” of Talent Management
As is true in many other professions, finance staffers climb the corporate ladder by excelling at skills that don’t exactly match what they’ll need when they reach the top. A case in point is talent management. Although this skill has value at rungs along the way, it becomes ever more crucial as ...
By David McCann • April 26, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Resolving the 401(k) Fiduciary Dilemma
Some CFOs are questioning how long they can continue to act as retirement-plan fiduciaries in light of their personal liability, but balancing conflicts of interest that can lead to being sued is not impossible.The United States is the only country in the world where employers sponsoring retireme...
By Jeff Mamorsky • April 25, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Resolving the 401(k) Fiduciary Dilemma
Some CFOs are questioning how long they can continue to act as retirement-plan fiduciaries in light of their personal liability, but balancing conflicts of interest that can lead to being sued is not impossible.The United States is the only country in the world where employers sponsoring retireme...
By Jeff Mamorsky • April 25, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending April 22
Lee Shavel has been named to lead the finance function at Nasdaq OMX Group, effective May 23. He replaces principal accounting officer and controller Ronald Hassen, who has been serving as interim CFO. Most recently, Shavel was Americas head of financial institutions investment banking at Bank of...
By Joan Urdang • April 22, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending April 22
Lee Shavel has been named to lead the finance function at Nasdaq OMX Group, effective May 23. He replaces principal accounting officer and controller Ronald Hassen, who has been serving as interim CFO. Most recently, Shavel was Americas head of financial institutions investment banking at Bank of...
By Joan Urdang • April 22, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Gone but Not Forgotten
For a number of years after online job boards came along in the late 1990s, a big part of their appeal to employers was their low cost for executive recruiting compared with using headhunters. But now that they’ve proliferated to the point of being very “noisy” — the number of résumés to sift thr...
By David McCann • April 19, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Gone but Not Forgotten
For a number of years after online job boards came along in the late 1990s, a big part of their appeal to employers was their low cost for executive recruiting compared with using headhunters. But now that they’ve proliferated to the point of being very “noisy” — the number of résumés to sift thr...
By David McCann • April 19, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending April 15
Payment processor Heartland Payment Systems Inc. has named Maria Rueda as its new finance chief. In that role, she replaces president and CFO Robert H.B. Baldwin Jr., who will remain president. Rueda is a former CFO of ING Direct.Bob Cotton has been promoted to CFO at financial-services company N...
By Joan Urdang • April 15, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending April 15
Payment processor Heartland Payment Systems Inc. has named Maria Rueda as its new finance chief. In that role, she replaces president and CFO Robert H.B. Baldwin Jr., who will remain president. Rueda is a former CFO of ING Direct.Bob Cotton has been promoted to CFO at financial-services company N...
By Joan Urdang • April 15, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Queen of Soul’s Ode to CFOs
Could Aretha Franklin have been singing from a CFO’s perspective in her hit song “Respect”? Even if we give everything we have, and don’t “do you wrong,” as the lyrics go, many of us feel shortchanged on respect. But don’t forget: effort doesn’t entitle you to respect. Results do.And not just res...
By Bud Kulesza • April 11, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
The Queen of Soul’s Ode to CFOs
Could Aretha Franklin have been singing from a CFO’s perspective in her hit song “Respect”? Even if we give everything we have, and don’t “do you wrong,” as the lyrics go, many of us feel shortchanged on respect. But don’t forget: effort doesn’t entitle you to respect. Results do.And not just res...
By Bud Kulesza • April 11, 2011
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