Human Capital: Page

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    A Lesson in Self-Reliance

    Want to save money on health-care insurance? Try this strategy: stop buying it.While self-insurance is nothing new to large companies — some 90% of those with more than 5,000 employees have been doing it for years — a growing number of smaller companies are self-insuring to cut costs. According t...

    By Alix Stuart • July 14, 2010
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    Women CFOs Holding Steady

    A recent count of women holding CFO positions at the nation’s largest companies shows that — drumroll, please — almost nothing has changed since last year. There are currently 44 female CFOs among the Fortune 500 companies, the same number as counted in 2009 but a slight improvement over the 38 c...

    By Alix Stuart • July 13, 2010
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    CFOs on the Move: Week Ending July 9

    C.J. Daley has resigned as finance chief of asset-management firm Legg Mason Inc. Terrence Murphy, chief operating officer of affiliate ClearBridge Advisors, has been appointed interim CFO. Murphy was CFO of Citigroup Asset Management before it was acquired by Legg Mason in 2005.EDGAR Online Inc....

    By Joan Urdang • July 9, 2010
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    Notes from a Job Search: Rating Your Contacts

    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 fourth installment of a series, Starr offers an unconventional way...

    By Gary Starr • July 8, 2010
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    Good News for Retirement Plan Sponsors

    Two new pieces of legislation hammered out at the end of June give retirement-plan sponsors two new reasons to breathe a sigh of relief.One, related to 401(k)s, is contained in the Dodd-Frank Wall Street Reform and Consumer Protection Act, the compromise version of financial-reform legislation th...

    By Alix Stuart • July 7, 2010
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    CFOs on the Move: Week Ending July 2

    Asset-management firm W.P. Stewart & Co. has appointed Mark Bergen as managing director-CFO and chief operating officer. He replaces managing director-CFO Susan Leber and managing director-COO Rocco Macri, who will be leaving the company. Most recently, Bergen was CFO and COO of AG Asset Mana...

    By Joan Urdang • July 2, 2010
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    The USO’s Show Must Go On

    For nearly 70 years, the United Service Organizations (USO) has entertained the troops, with shows featuring celebrities from Bob Hope and Marilyn Monroe to Robin Williams and Scarlett Johansson. But the congressionally chartered nonprofit supports the U.S. military in many other ways. Today ther...

    By Alix Stuart • July 2, 2010
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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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    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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    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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    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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    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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    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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    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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    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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    “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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    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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    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