Articles

CFO Moves - Week Ending September 26, 2014

Johnson Controls announced that R. Bruce McDonald, most recently the company’s executive vice president and chief financial officer, has been named executive vice president and vice chairman. McDonald joined Johnson Controls in 2001. He was...
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The IRS Makes it Official: There is No Such Thing as a Free Lunch

Will the taxman to take a bite out of your employee perks? For a certain sort of young employee—the kind who's come up through fast-paced, hard-driving technology companies—the notion of brown-bagging it to the office or heading out to a...
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CFO Moves - Week Ending September 19, 2014

AMD (NYSE: AMD) announced the appointment of Joseph A. Householder to its board of directors along with positions on the board’s Audit and Finance, and Nominating and Corporate Governance committees. Householder currently serves as...
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Medical Benefits: Fully Fund or Self-Insure - What’s Right for Your Company?

The quality of an employer’s benefits package often determines whether a job candidate will join a company or not. It can also be a key factor in keeping existing employees happy. Without a doubt, the most desired benefit is health insurance. In a 2013...
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CFO Moves - Week Ending September 12, 2014

Hanger, Inc. (NYSE: HGR) announced that Thomas Kiraly, former Executive Vice President, Chief Financial Officer, and Treasurer of Sheridan Healthcare, will join Hanger as Executive Vice President on Oct. 1 and will become Chief Financial Officer...
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CFO Moves - Week Ending September 5, 2014

Novotus announced that Penny Lozano joined Novotus as the Chief Financial Officer. Prior to joining Novotus, Lozano served as a consultant (CPA) in addition to serving as the CFO or Controller at various organizations including Planet Hollywood...
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CFO Moves - Week Ending August 29, 2014

Bacardi Limited announced the appointment of Kevin F. McNamara as Bacardi Limited Senior Vice President and Chief Financial Officer (CFO). Mr. McNamara succeeds Joseph J. Schenawho left the company for another opportunity. Mr. McNamara...
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Playing Office Politics - Minus the Backstabbing

At some point in their career, everyone feels the sting of someone else’s strategic quest to gain an advantage. Last year, an anonymous CFO sought help from the Proformative community when a fellow C-suite occupant was seeking out ways to trash the CFO...
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CFO Moves - Week Ending August 22, 2014

DISH Network (NASDAQ: DISH) announced that Robert Olson, DISH’s executive vice president and CFO, will retire from the company Oct. 15. Steve Swain, senior vice president of Programming, will succeed Olson as CFO. Prior to his appointment...
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The Pitfalls of Loyalty

Is employee loyalty dead?  These days, it’s tempting to consider loyalty a dated concept, a relic of a long-gone hierarchical organizational structure, but the truth is loyalty is as viable and beneficial as it was 25, 50, or even 100, years ago....
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CFO Moves - Week Ending August 15, 2014

Satellite Logistics Group announced that Michael Ritchey has joined the company as Chief Financial Officer. Over the past 18 years, he has held a variety of positions at Reyes Holdings, LLC.  Most recently, he served as vice president of...
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The Cost of Hiring the Wrong Person

Recruitment can be a costly business, particularly if things go wrong. One way to put a figure on it is to consider the number of people who leave an organization – or are fired – during their first year.  PricewaterhouseCoopers (PwC) has a...
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CFO Moves - Week Ending August 8, 2014

The Madison Square Garden Company (NASDAQ: MSG) announced that Sean Creamer has been named executive vice president and chief financial officer, effective September 1, 2014.  Mr. Creamer joins MSG following Bob Pollichino‘s...
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Interim CFOs: The Rise of the Chief Flexible Officer

Every day, Tom Coffey wakes up at 6 a.m., works for a few hours and then hits the golf course. “I worked around the clock for 30 years, I’ve earned this,” says Coffey, 61, who has worked as a part-time CFO since 2005. Before then, Coffey was...
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CFO Moves - Week Ending August 1, 2014

HCA (NYSE: HCA) announced that Chris Taylor has been named President of Parallon. Taylor has served as Chief Financial Officer of Parallon, an HCA subsidiary, since 2012, and he has served as interim President of Parallon since November...
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