Human Capital: Page 65
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 11
Rick Lindner, finance chief at AT&T since 2004, will retire on June 1. He will be succeeded by John Stephens, who has been at the company for 19 years and has been controller since 2001.Vice chairman and CFO Chris Liddell has announced he is resigning from General Motors, effective April 1. L...
By Joan Urdang • March 11, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Companies May Rethink Same-Sex Benefits
A recent decision by the Obama Administration means that many companies may want to rethink their stance on providing health benefits to an employee’s same-sex partner.On February 23, Attorney General Eric Holder sent a letter to Congress announcing that the Obama Administration will no longer de...
By John Martini • March 10, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Companies May Rethink Same-Sex Benefits
A recent decision by the Obama Administration means that many companies may want to rethink their stance on providing health benefits to an employee’s same-sex partner.On February 23, Attorney General Eric Holder sent a letter to Congress announcing that the Obama Administration will no longer de...
By John Martini • March 10, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 4
Goodwill Industries International has promoted Jeffrey McCaw to the top finance spot. He has been controller for more than six years.Michael Devine III is retiring as head of finance at Coach Inc. A search is under way for a replacement for Devine, who is expected to remain at the company until A...
By Joan Urdang • March 4, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Pay Freezes Are Melting
If your employees’ salaries are still frozen or reduced from where they were in the premeltdown days, your company is behind the times.A noticeable thawing is in progress, according to new research from Towers Watson. Among 381 U.S. organizations that were surveyed, only 9% have frozen salaries f...
By David McCann • March 4, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending March 4
Goodwill Industries International has promoted Jeffrey McCaw to the top finance spot. He has been controller for more than six years.Michael Devine III is retiring as head of finance at Coach Inc. A search is under way for a replacement for Devine, who is expected to remain at the company until A...
By Joan Urdang • March 4, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Pay Freezes Are Melting
If your employees’ salaries are still frozen or reduced from where they were in the premeltdown days, your company is behind the times.A noticeable thawing is in progress, according to new research from Towers Watson. Among 381 U.S. organizations that were surveyed, only 9% have frozen salaries f...
By David McCann • March 4, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
GM’s Chris Liddell Takes Stock
Editor’s note: On March 10, after this interview was conducted, General Motors announced that Chris Liddell will leave the company on April 1. He will be succeeded by Daniel Ammann, currently GM’s vice president, finance, and treasurer.In December, Chris Liddell not only celebrated his one-year a...
By Scott Leibs • March 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Hire Education
For the first time since early 2008, finance chiefs are hiring. In the most recent Duke University/CFO Magazine Global Business Outlook Survey, our long-running quarterly study of finance executives around the world, CFOs reported that they planned to increase their full-time workforces by 2% on ...
By Kate O'Sullivan • March 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
GM’s Chris Liddell Takes Stock
Editor’s note: On March 10, after this interview was conducted, General Motors announced that Chris Liddell will leave the company on April 1. He will be succeeded by Daniel Ammann, currently GM’s vice president, finance, and treasurer.In December, Chris Liddell not only celebrated his one-year a...
By Scott Leibs • March 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Hire Education
For the first time since early 2008, finance chiefs are hiring. In the most recent Duke University/CFO Magazine Global Business Outlook Survey, our long-running quarterly study of finance executives around the world, CFOs reported that they planned to increase their full-time workforces by 2% on ...
By Kate O'Sullivan • March 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
To the “Three R’s” Add One More: Writhing
It may rank as the most curious dichotomy wrought by the recession: at a time when millions of people remain unemployed, many companies are having a hard time filling key open positions. What gives?Call it the technical-skills gap. With businesses increasingly turning to more-sophisticated automa...
By David McCann • March 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
“Buybacks Set the Bar.”
Like many companies these days, Aon, the $8 billion risk-management, insurance, and human-resources consulting firm, has lots of excess cash. Unlike many, however, it knows exactly how it wants to allocate it: to buy back shares.To be sure, the company isn’t completely single-minded about buyback...
By David Katz • March 1, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending February 25
Sara Lee Corp. has announced that Mark Garvey will lead the finance function. He has been interim CFO since May.Brenda Galgano has been named finance chief at The Vitamin Shoppe, effective April 4. She is currently CFO and treasurer of The Great Atlantic & Pacific Tea Co. (A&P).CFO John W...
By Joan Urdang • Feb. 25, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending February 25
Sara Lee Corp. has announced that Mark Garvey will lead the finance function. He has been interim CFO since May.Brenda Galgano has been named finance chief at The Vitamin Shoppe, effective April 4. She is currently CFO and treasurer of The Great Atlantic & Pacific Tea Co. (A&P).CFO John W...
By Joan Urdang • Feb. 25, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
New 401(k) Obligations Heaped on CFOs
In the second half of 2010, the Department of Labor (DoL) issued several proposed or final regulations regarding disclosures of retirement-plan fees and investment-related information that will be effective, or are expected to be, by the beginning of 2012. These rules impose new responsibilities ...
By John Martini • Feb. 23, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
New 401(k) Obligations Heaped on CFOs
In the second half of 2010, the Department of Labor (DoL) issued several proposed or final regulations regarding disclosures of retirement-plan fees and investment-related information that will be effective, or are expected to be, by the beginning of 2012. These rules impose new responsibilities ...
By John Martini • Feb. 23, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Preferred Way to Cut Drug Costs
A relatively new but little-used approach to structuring prescription-drug benefits plans could save self-insured companies up to 13% of such plans’ costs, research by consulting firm Milliman indicates.The strategy revolves around using a preferred network of pharmacies rather than allowing acce...
By David McCann • Feb. 22, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Preferred Way to Cut Drug Costs
A relatively new but little-used approach to structuring prescription-drug benefits plans could save self-insured companies up to 13% of such plans’ costs, research by consulting firm Milliman indicates.The strategy revolves around using a preferred network of pharmacies rather than allowing acce...
By David McCann • Feb. 22, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending February 18
The Carlyle Group has appointed Adena Friedman managing director and CFO, effective March 28. She will join the asset-management firm from NASDAQ OMX Group, where she holds the top finance spot.Mark Wise has been selected to lead the finance function at Tango Management Consulting LLC. He comes t...
By Joan Urdang • Feb. 18, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending February 18
The Carlyle Group has appointed Adena Friedman managing director and CFO, effective March 28. She will join the asset-management firm from NASDAQ OMX Group, where she holds the top finance spot.Mark Wise has been selected to lead the finance function at Tango Management Consulting LLC. He comes t...
By Joan Urdang • Feb. 18, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Will New Rules Nudge Up 401(k) Costs?
The cost of 401(k) plans could be poised for an uptick, thanks to proposed legislation in Congress that would require more disclosure from plan providers and sponsors.Sponsored by three U.S. senators, the bill would require 401(k) plans to annually disclose an “annuity equivalent.” This would sho...
By David McCann • Feb. 18, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Will New Rules Nudge Up 401(k) Costs?
The cost of 401(k) plans could be poised for an uptick, thanks to proposed legislation in Congress that would require more disclosure from plan providers and sponsors.Sponsored by three U.S. senators, the bill would require 401(k) plans to annually disclose an “annuity equivalent.” This would sho...
By David McCann • Feb. 18, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Health Coverage: All in the Family
The Patient Protection and Affordable Care Act generally requires companies to expand health-care coverage; namely, to employees’ adult children up to age 26 who were not previously eligible. But some firms are making their lists and checking them twice before signing off on extending more benefi...
By Alix Stuart • Feb. 17, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Health Coverage: All in the Family
The Patient Protection and Affordable Care Act generally requires companies to expand health-care coverage; namely, to employees’ adult children up to age 26 who were not previously eligible. But some firms are making their lists and checking them twice before signing off on extending more benefi...
By Alix Stuart • Feb. 17, 2011
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