Human Capital: Page 67
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Leaning on the Staff
Editor’s note: This is the first in a series of monthly columns on the topic of finance leadership by Bud Kulesza, dean emeritus of the Institute of Management Accountants’s Leadership Academy and a former CFO.While delayed at an airport recently, I noticed that airlines handled schedule disrupti...
By Bud Kulesza • Jan. 11, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Leaning on the Staff
Editor’s note: This is the first in a series of monthly columns on the topic of finance leadership by Bud Kulesza, dean emeritus of the Institute of Management Accountants’s Leadership Academy and a former CFO.While delayed at an airport recently, I noticed that airlines handled schedule disrupti...
By Bud Kulesza • Jan. 11, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending January 7
Online travel company Orbitz Worldwide Inc. has named Russ Hammer to lead finance. He joins the firm from Crocs Inc., where he also served as CFO. Hammer takes over from Marsha Williams, who announced last June that she planned to retire.Dirk Eller has been promoted to CFO of Clear Channel Intern...
By Joan Urdang • Jan. 7, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending January 7
Online travel company Orbitz Worldwide Inc. has named Russ Hammer to lead finance. He joins the firm from Crocs Inc., where he also served as CFO. Hammer takes over from Marsha Williams, who announced last June that she planned to retire.Dirk Eller has been promoted to CFO of Clear Channel Intern...
By Joan Urdang • Jan. 7, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Partners in Risk
While finance chiefs are likely to have occasional conversations with their risk and employee-benefits managers, the relationship tends to be arm’s length. Once they confirm that their organizations are well protected against physical damage and financial ruin, many CFOs send corporate insurance ...
By David Katz • Jan. 7, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Partners in Risk
While finance chiefs are likely to have occasional conversations with their risk and employee-benefits managers, the relationship tends to be arm’s length. Once they confirm that their organizations are well protected against physical damage and financial ruin, many CFOs send corporate insurance ...
By David Katz • Jan. 7, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Best of 2010: Careers
Buddy, can you spare a job? That was the prevailing theme of CFO’s careers coverage in 2010, as millions of unemployed Americans sought work, while many companies downsized or froze their payrolls. Indeed, in one of our most widely read stories of this or any other year (“The Incredible Shrinking...
By CFO Editorial Staff • Jan. 3, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Best of 2010: Careers
Buddy, can you spare a job? That was the prevailing theme of CFO’s careers coverage in 2010, as millions of unemployed Americans sought work, while many companies downsized or froze their payrolls. Indeed, in one of our most widely read stories of this or any other year (“The Incredible Shrinking...
By CFO Editorial Staff • Jan. 3, 2011 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 31
David DiStaso has been promoted to the top finance spot at iStar Financial Inc. He has been chief accounting officer since 2008 and principal financial officer since April. DiStaso is also a former CFO of the consumer finance division of CIT Group Inc.Financial-research provider Value Line Inc. h...
By Joan Urdang • Dec. 30, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Recoverer’s Recovery
In times of slow growth like the present, efficiency itself can be a growth industry. Few finance chiefs are in a better position to understand the need to make the most out of their companies’ operations than Bob Lee, CFO of PRGX Global.There are two main reasons for this. One is that PRGX is in...
By David Katz • Dec. 30, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 31
David DiStaso has been promoted to the top finance spot at iStar Financial Inc. He has been chief accounting officer since 2008 and principal financial officer since April. DiStaso is also a former CFO of the consumer finance division of CIT Group Inc.Financial-research provider Value Line Inc. h...
By Joan Urdang • Dec. 30, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Recoverer’s Recovery
In times of slow growth like the present, efficiency itself can be a growth industry. Few finance chiefs are in a better position to understand the need to make the most out of their companies’ operations than Bob Lee, CFO of PRGX Global.There are two main reasons for this. One is that PRGX is in...
By David Katz • Dec. 30, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Best of 2010: Employee Benefits
Companies and employees continued to worry about their pension plans and 401(k)s in 2010, given funding shortfalls and the uncertain economic outlook. But it was health-care reform that dominated the benefits landscape, and CFO’s coverage, this year.Signed into law last March and mandating medica...
By CFO Editorial Staff • Dec. 29, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Best of 2010: Employee Benefits
Companies and employees continued to worry about their pension plans and 401(k)s in 2010, given funding shortfalls and the uncertain economic outlook. But it was health-care reform that dominated the benefits landscape, and CFO’s coverage, this year.Signed into law last March and mandating medica...
By CFO Editorial Staff • Dec. 29, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 24
E*TRADE Financial Corp. has promoted corporate controller Matthew Audette to lead the finance function. He takes over from Bruce Nolop, who is retiring at the end of the year but will remain as an adviser through the first quarter of 2011.Randal Freitag has been promoted to the top finance spot a...
By Joan Urdang • Dec. 23, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 24
E*TRADE Financial Corp. has promoted corporate controller Matthew Audette to lead the finance function. He takes over from Bruce Nolop, who is retiring at the end of the year but will remain as an adviser through the first quarter of 2011.Randal Freitag has been promoted to the top finance spot a...
By Joan Urdang • Dec. 23, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
401(k) Participants Shun Company Stock
The share of 401(k) assets allocated to company stock fell in 2009 for the 11th consecutive year, according to a new study by the Employee Benefits Research Institute (EBRI).That share was 9% of total assets in all plans, including those that didn’t offer the plan sponsor’s stock as an investment...
By David McCann • Dec. 21, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
401(k) Participants Shun Company Stock
The share of 401(k) assets allocated to company stock fell in 2009 for the 11th consecutive year, according to a new study by the Employee Benefits Research Institute (EBRI).That share was 9% of total assets in all plans, including those that didn’t offer the plan sponsor’s stock as an investment...
By David McCann • Dec. 21, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 17
Asset-management company Legg Mason Inc. has named Peter Nachtwey CFO. Most recently, he headed finance at The Carlyle Group.Time Warner Cable Inc. has promoted Robert Marcus to the roles of president and chief operating officer. Marcus, who has been at the company since 2005 and was named financ...
By Joan Urdang • Dec. 17, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 17
Asset-management company Legg Mason Inc. has named Peter Nachtwey CFO. Most recently, he headed finance at The Carlyle Group.Time Warner Cable Inc. has promoted Robert Marcus to the roles of president and chief operating officer. Marcus, who has been at the company since 2005 and was named financ...
By Joan Urdang • Dec. 17, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
It’s the Customer, Stupid
For finance chiefs with designs on the chief executive’s chair, serving a stint in operations is often a prerequisite. But the lack of an important quality may be blocking many CFOs from successfully doing so, in the view of one former CFO-turned-CEO.That quality is empathy for customers, and for...
By David McCann • Dec. 15, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
It’s the Customer, Stupid
For finance chiefs with designs on the chief executive’s chair, serving a stint in operations is often a prerequisite. But the lack of an important quality may be blocking many CFOs from successfully doing so, in the view of one former CFO-turned-CEO.That quality is empathy for customers, and for...
By David McCann • Dec. 15, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 10
David Wells, vice president of financial planning and analysis at Netflix Inc., has been promoted to finance chief. He replaces Barry McCarthy, who is leaving the company after serving as CFO since 1999.Reynolds American Inc. has announced that Mark Peters, vice president of finance at RAI Servic...
By Joan Urdang • Dec. 10, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending December 10
David Wells, vice president of financial planning and analysis at Netflix Inc., has been promoted to finance chief. He replaces Barry McCarthy, who is leaving the company after serving as CFO since 1999.Reynolds American Inc. has announced that Mark Peters, vice president of finance at RAI Servic...
By Joan Urdang • Dec. 10, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Surprising Rise in Health Costs
U.S. companies should hope their collective forecast for health-care costs in 2011 is more accurate than the one they made for this year.A 6.9% spike in per-employee costs — the biggest since 2004 — caught many by surprise, as the expected increase of less than 6% was left in the dust, according ...
By David McCann • Dec. 6, 2010
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