Human Capital: Page 70
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Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Waiting, Wondering, Worrying
In 2007, Phoenix-based Goodmans Interior Structures, one of the Southwest’s largest office-furniture retailers, booked record sales “well in excess” of $100 million, according to CFO Douglas Klein. Asked about annual revenue for this year, Klein says, “We’ll end up half that size.”Things are toug...
By Randy Myers • Nov. 1, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Waiting, Wondering, Worrying
In 2007, Phoenix-based Goodmans Interior Structures, one of the Southwest’s largest office-furniture retailers, booked record sales “well in excess” of $100 million, according to CFO Douglas Klein. Asked about annual revenue for this year, Klein says, “We’ll end up half that size.”Things are toug...
By Randy Myers • Nov. 1, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
“The Key Is to Outperform Your Competitors.”
Over the past two years, Diane Morefield has proven that she has the “REIT” stuff. As CFO of Strategic Hotels & Resorts, she navigates the complex financial waters of a publicly traded real estate investment trust focused on the high end of the hospitality market. It is a segment that thrives...
By Marie Leone • Nov. 1, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Cold, Cruel World
Oh, the irony: just two years ago we described a robust seller’s market for finance talent, with CFOs seemingly able to write their own ticket — and rewrite it any time they chose.Today, even the best-qualified finance executives will find that a job search is anything but a walk in the park. Few...
By Josh Hyatt and Alix Stuart • Nov. 1, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending October 29
Patrick Dupuis has been named to lead the finance function at PayPal. Most recently, he was global CFO at Sitel.Douglas Jeffries is the new finance chief at Taleo Corp. He joins the firm from Palm Inc., where he also served as CFO.Kroll has appointed Donald Buzinkai to head finance. He comes to t...
By Joan Urdang • Oct. 29, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending October 29
Patrick Dupuis has been named to lead the finance function at PayPal. Most recently, he was global CFO at Sitel.Douglas Jeffries is the new finance chief at Taleo Corp. He joins the firm from Palm Inc., where he also served as CFO.Kroll has appointed Donald Buzinkai to head finance. He comes to t...
By Joan Urdang • Oct. 29, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
In Finance Team Building, Xerox Copied No One
The centerpiece of Xerox’s year has been February’s $6.4 billion acquisition of business-process-outsourcer Affiliated Computer Services (ACS), helping reposition the copier icon as a technology and services giant. But major groundwork was laid through a finance reorganization and team-building e...
By Roy Harris • Oct. 25, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending October 22
Bookseller Borders Group Inc. has named Scott Henry to the top finance spot. Previously, he was president of consultancy S.D. Henry Strategic Services LLC.Tod Spornhauer will resign as CFO of restaurant owner and operator Bob Evans Farms Inc. on January 3. Spornhauer, who joined the company in 19...
By Joan Urdang • Oct. 22, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending October 22
Bookseller Borders Group Inc. has named Scott Henry to the top finance spot. Previously, he was president of consultancy S.D. Henry Strategic Services LLC.Tod Spornhauer will resign as CFO of restaurant owner and operator Bob Evans Farms Inc. on January 3. Spornhauer, who joined the company in 19...
By Joan Urdang • Oct. 22, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Job Hunting: Should You Tell Your Boss?
Earlier this year, Shirley Wiliani, CFO of Menemsha Development Group, a privately held commercial construction company based in southern California, decided it was time to start looking for a new job. After helping the company triple its revenue during the past four years, she felt she had accom...
By Alix Stuart • Oct. 20, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Job Hunting: Should You Tell Your Boss?
Earlier this year, Shirley Wiliani, CFO of Menemsha Development Group, a privately held commercial construction company based in southern California, decided it was time to start looking for a new job. After helping the company triple its revenue during the past four years, she felt she had accom...
By Alix Stuart • Oct. 20, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Medtronic Keeps Innovation on Pace
Medical devices account for 6% of worldwide health-care spending, and Minneapolis-based Medtronic is the behemoth of this $200 billion-plus market. The 40,000 employee company has $4 billion in annual cash flow and number-one market share in many of its product areas — not just in its well-known ...
By Vincent Ryan • Oct. 19, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Medtronic Keeps Innovation on Pace
Medical devices account for 6% of worldwide health-care spending, and Minneapolis-based Medtronic is the behemoth of this $200 billion-plus market. The 40,000 employee company has $4 billion in annual cash flow and number-one market share in many of its product areas — not just in its well-known ...
By Vincent Ryan • Oct. 19, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A CFO for Governor?
In 2002, immersed in a 29-year accounting career in the private sector, Kim Wallin was nominated from the floor and elected by popular vote as president-elect of the Institute of Management Accountants — the first time such a thing had happened in the association’s then-83-year history. (The IMA’...
By David Katz • Oct. 15, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending October 15
Antoinette McCorvey has been promoted to finance chief at Eastman Kodak Co., effective November 5. McCorvey, currently director of investor relations, will succeed Frank Sklarsky, who has resigned to become CFO of Tyco International Ltd.Genworth Financial Inc. has named finance chief Patrick Kell...
By Joan Urdang • Oct. 15, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending October 15
Antoinette McCorvey has been promoted to finance chief at Eastman Kodak Co., effective November 5. McCorvey, currently director of investor relations, will succeed Frank Sklarsky, who has resigned to become CFO of Tyco International Ltd.Genworth Financial Inc. has named finance chief Patrick Kell...
By Joan Urdang • Oct. 15, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A CFO for Governor?
In 2002, immersed in a 29-year accounting career in the private sector, Kim Wallin was nominated from the floor and elected by popular vote as president-elect of the Institute of Management Accountants — the first time such a thing had happened in the association’s then-83-year history. (The IMA’...
By David Katz • Oct. 15, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending October 8
Jeff Sheets has been promoted to senior vice president, finance, and CFO of ConocoPhillips Co. Sheets, who had been senior vice president, commercial and planning & strategy, succeeds Sigmund Cornelius, who announced he would retire at the end of the year.Market-research company Harris Intera...
By Joan Urdang • Oct. 8, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending October 8
Jeff Sheets has been promoted to senior vice president, finance, and CFO of ConocoPhillips Co. Sheets, who had been senior vice president, commercial and planning & strategy, succeeds Sigmund Cornelius, who announced he would retire at the end of the year.Market-research company Harris Intera...
By Joan Urdang • Oct. 8, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A CFO Pleads His Case in Stem Cell Debate
A recent court ruling that briefly halted federal funding for embryonic stem cell research is the kind of external, uncontrollable event that can induce heartburn in a CFO in the regenerative-medicine industry.Cytori Therapeutics, which sells a device that gathers stem cells from human fat tissue...
By David McCann • Oct. 6, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
After Eight Years at FASB, Herz Looks Back
On September 30, Robert Herz stepped down as chairman of the Financial Accounting Standards Board, leaving board member Leslie Seidman as acting chairman. Neither FASB nor Herz would comment on why he retired after more than eight years in the job, but it probably wasn’t due to any lack of popula...
By Alix Stuart • Oct. 4, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
Have Illness, Will Travel?
Two years ago, Bob Ihrie, senior vice president of employee rewards and services for home-goods retailer Lowe’s, decided to investigate “medical tourism” as a potential way to reduce health-care costs. The basic idea: have employees travel to places like Costa Rica or Singapore for certain surger...
By Alix Stuart • Oct. 1, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
CFOs on the Move: Week Ending October 1
Dow Jones & Co. has named Kevin Halpin as its new finance chief, effective October 15. He takes over from Stephen Daintith, who is leaving the company. Halpin joins Dow Jones from its parent company, News Corp., where he was senior vice president of finance.Charles Holley will become head of ...
By Joan Urdang • Oct. 1, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
“I Hate CFOs Who Always Say No.”
Clothing and gear manufacturer Patagonia has always relished the challenge of a hard climb. Since its founding in 1975 by legendary outdoorsman and environmentalist Yvon Chouinard, the company has pursued a dual mission: to make a profit even as it “uses business to inspire solutions to the envir...
By Marie Leone • Oct. 1, 2010 -
Dantes, Edmond. "Man and Woman Sitting on Chair Using Laptop" [Photograph]. Retrieved from Pexels.
A Matter of Perception
There is no question that executive compensation is a delicate topic these days, one that is garnering both intense regulatory scrutiny and increased shareholder control. But it appears that boards of directors may have found a clever way to appease both the public and their executives. According...
By Russ Banham • Oct. 1, 2010
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