Human Capital: Page 72

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    Unvested Stock Options: Left Behind?

    What would prompt a longtime, well-respected CFO to sue his former employer after being let go?In Mark Sullivan’s case, it’s unvested stock options.In a complaint filed in June in a Massachusetts court, the former EVP and division CFO for privately held Fidelity Investments contends that the mutu...

    By Alix Stuart • July 1, 2010
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    Can Innovation Curb Rising Health Costs?

    The fact that the Patient Protection and Affordable Care Act provides health-care coverage to 30 million uninsured Americans is undeniably a good thing, agreed three experts during a panel discussion at the CFO Core Concerns conference in Baltimore on Monday. But the law comes at a price, they no...

    By Marie Leone • June 30, 2010
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    Reform Bill Mandates Say on Pay

    While the Dodd-Frank Wall Street Reform and Consumer Protection Act is mostly about reforming banks and other companies in the financial-services industry, there are some dramatic new mandates for public companies across all industries buried deep in the 2,000-plus page document.Offering sharehol...

    By Alix Stuart • June 29, 2010
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    CFOs on the Move: Week Ending June 25

    Michael Cavanagh, CFO of JPMorgan Chase & Co., will become CEO of the firm’s Treasury & Securities Services business. He replaces Heidi Miller, who will become president of the international division. Doug Braunstein, currently head of Investment Banking, Americas, will take over from Cav...

    By Joan Urdang • June 25, 2010
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    Notes from a Job Search: Creative Ways to Market Yourself

    With so many people caught between jobs these days, CFO asked Gary Starr, a CPA and MBA who was most recently CFO at a $70 million professional-service firm, to write about his current experience looking for a new position. In the third installment of a series, Starr looks at ways for job hunters...

    By Gary Starr • June 23, 2010
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    The Happy Meal Syndrome

    Could McDonald’s Happy Meals be contributing to your employees’ discontent?Aside from any health issues that might be associated with consuming burgers and fries, could the array of options for what goes into a Happy Meal — fries or apple slices? soda or fruit juice? cheese or no cheese? — be fee...

    By Alix Stuart • June 22, 2010
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    An Unplugged Vacation? Not for CFOs

    Ron Fior, CFO of San Jose, California-based Callidus Software, recently took two vacation days to visit family in Canada over a long weekend. But while he made it to Canada, mentally he was still in California for much of his stay, thanks to the hours he spent on work e-mails. “The reality of the...

    By Alix Stuart • June 18, 2010
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    CFOs on the Move: Week Ending June 18

    Barter company International Monetary Systems Ltd. has named David Powell CFO and treasurer. Previously, he was finance and operations manager for US Bancorp’s insurance subsidiaries.Unilife Corp. has named R. Richard Wieland as its finance chief, taking over from Dan Calvert, who is relocating t...

    By Joan Urdang • June 18, 2010
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    Health Costs: Sharing the Pain

    Companies are shifting more responsibility for the rising costs of health care to employees, according to a recent study by PricewaterhouseCoopers. More than 40% of the 700 companies surveyed intend to increase employee contributions for health-insurance coverage, while an equivalent number plan ...

    By Alix Stuart • June 16, 2010
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    CFOs on the Move: Week Ending June 11

    Viacom Inc. CFO Thomas Dooley has been promoted to chief operating officer, a newly created post. Dooley, who will continue as CFO until his replacement is found, also served as chief administrative officer at the entertainment company.Online travel company Orbitz Worldwide Inc. has announced tha...

    By Joan Urdang • June 11, 2010
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    Notes from a Job Search: Staying Motivated

    With so many people caught between jobs these days, CFO asked Gary Starr, a CPA and MBA who most recently headed finance at a professional-service firm, to write about his current experience looking for a new position. In the second installment of a series, Starr advises how to structure the sear...

    By Gary Starr • June 11, 2010
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    Luke Skywalker, Supply-Chain Hero

    Hit hard by the economic downturn, participants from all parts of Corporate America — manufacturers, distributors, retailers, and customers — have been humbled. That has fostered a wave of sympathy, information sharing, and pricing cooperation among participants not so eager to play nice before, ...

    By David Katz • June 11, 2010
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    CFOs on the Move: Week Ending June 4

    Bruce Jaffe is the new finance chief at Glam Media Inc. He had served as corporate vice president of corporate development at Microsoft.DocuSign Inc., an electronic-signature platform provider, has named Mike Dinsdale to the top finance spot. He is a former CFO of Lithium.Brian Posner will lead t...

    By Joan Urdang • June 4, 2010
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    Best (and Worst) Overseas Assignments

    As companies become more and more global, it’s increasingly important for rising finance executives to have experience living overseas. For those who have the opportunity to work abroad, though, there’s good reason to be choosy. An annual look by Mercer at the quality of life in more than 200 cit...

    By Alix Stuart • June 4, 2010
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    How to Turn Off Your Customers

    Looking to help your company reinvigorate sales? It may be helpful to learn what your sales reps should not do. In a survey of more than 1,200 companies in the United States and Europe, McKinsey & Co. sought to learn which sales-rep practices are most destructive to B2B company-customer relat...

    By CFO Editorial Staff • June 1, 2010
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    “This Is the Era of Smarter Medicine.”

    Richard Rubino began college with an interest in dentistry, but ended up in quite a different part of the world of medicine. As the CFO of Medco Health Solutions, the country’s largest pharmacy-benefits manager, Rubino helps to provide prescription medications to approximately 65 million people. ...

    By Alix Stuart • June 1, 2010
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    CFOs on the Move: Week Ending May 28

    Jeff Kaminski will become head of finance at homebuilder KB Home, effective June 7. Most recently, he was CFO of Federal-Mogul Corp.Qliance Medical Management Inc. has named Robert Nakahara to lead finance. He comes to the firm from financial-consulting company Tatum LLC, where he was a partner.M...

    By Joan Urdang • May 28, 2010
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    Notes from a Job Search: Starting Up

    Finance executives have access to plenty of generic job-search advice, but peer-to-peer counsel remains invaluable. With so many people caught between jobs these days, CFO asked Gary Starr, a CPA and MBA who most recently headed finance at a professional-service firm, to write about his current e...

    By Gary Starr • May 26, 2010
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    When Disaster Is Your Job

    The devastating earthquakes in Haiti and Chile earlier this year brought new attention to disaster relief and the nonprofit agencies that provide it. One of the largest such agencies is World Vision, a Christian humanitarian organization. Last year its U.S. branch spent over $1 billion in more th...

    By Alix Stuart • May 25, 2010
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    Health-Reform Costs Become Clearer

    Piece by piece, CFOs are getting a clearer understanding of how health-care reform will affect their costs. According to a recent survey by Mercer, 41% of companies expect to see their annual costs increase by 2% or less when the Patient Protection and Affordable Care Act’s most immediate provisi...

    By Alix Stuart • May 24, 2010
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    CFOs on the Move: Week Ending May 21

    Todd Graber is the new finance chief at Pink OTC Markets Inc. Previously, he was CFO at Quadriserv.CFO Marcel Smits will step in as interim CEO at Sara Lee Corp. while Brenda Barnes takes a temporary leave of absence for medical reasons. Smits came to the company in October from Dutch telecommuni...

    By Joan Urdang • May 21, 2010
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    What Makes a CEO Successful?

    For finance chiefs who have their sights trained on the corner office and want to develop their skill-sets accordingly, here’s a provocative notion: treating people with respect and being a good listener may not be all that important to becoming a successful CEO.That seems to be the case at priva...

    By Alix Stuart • May 19, 2010
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    CFOs on the Move: Week Ending May 14

    McAfee Inc. has named Jonathan Chadwick to lead the finance function, effective June 14. He takes over at the security-technology company from Rocky Pimentel, who announced in February that he would retire. Chadwick comes to the firm from Cisco Systems Inc., where he most recently was CFO, Global...

    By Joan Urdang • May 14, 2010
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    How to Get Beer Across the Border

    Before April 30, Heineken USA was the exclusive importer for FEMSA, a Mexican brewer noted for a portfolio of popular beers. At that point the company’s Dutch parent, Heineken, officially acquired FEMSA, thereby becoming the owner of the portfolio and its crown jewel: Dos Equis, one of the hottes...

    By David Katz and Vincent Ryan • May 14, 2010
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    CFOs on the Move: Week Ending May 7

    As part of a corporate restructuring, group president Ed Rapp will add the role of finance chief to his position at Caterpillar Inc. He replaces Dave Burritt, who will retire on June 1 after more than 32 years at Caterpillar.David O’Toole has been appointed to head finance at Response Genetics In...

    By Joan Urdang • May 7, 2010