Articles

Creating a budget could actually be a disadvantage for a firm.

Should Companies Eliminate Budgets?

Companies that limit their spending based on outdated facts and figures may risk losing business to their competitors. But that is exactly what companies do every time they go through the traditional, annual budgeting process. They make predictions about the...
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CFO Moves - Week Ending February 7, 2014

Glassdoor, announced the appointment of Adam C. Spiegel as chief financial officer. Prior to Glassdoor, Spiegel served as CFO of RPX Corporation. Spiegel also previously served as CFO for two early-stage life science companies. Earlier in his career...
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What Recruiters Want to Hear from CFO Candidates

Sam Kain, now CFO of Cunningham-Limp Co., was once taken aback by a recruiter’s question. The Robert Half recruiter had asked Kain what a previous supervisor would say about him, but since that supervisor had later been fired, Kain instead talked about...
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CFO Moves - Week Ending January 31, 2014

Parmenter Realty Partners hired Jeffrey B. Granoff as Chief Financial Officer. Granoff comes from Clairvue Capital Partners where he was a Principal. Before that, Granoff held positions at Prudential Real Estate Investors (“PREI”),...
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CFOs’ Top Concerns in 2014

The year has barely begun and CFOs are yet again facing a barrage of issues and challenges. Here’s a rundown of what issues are most irking the position in 2014 and what CFOs plan to do about them. Health Care Strike a conversation with any CFO these...
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CFO Moves - Week Ending January 24, 2014

Dell announced the appointment of Thomas W. Sweet as senior vice president and chief financial officer of Dell. Mr. Sweet, currently vice president, corporate controller and chief accounting officer, succeeds Brian Gladden, who has served...
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CFO Moves - Week Ending January 17, 2014

Susquehanna Bancshares, Inc. (NASDAQ: SUSQ) announced that Executive Vice President and Treasurer Michael W. Harrington also assumed the role of Chief Financial Officer following the retirement of Drew K. Hostetter from the role of...
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What's Next for the CFO? Broader Reach, Big Picture Thinking

Easter Seals New Jersey CFO Cheryl Marks Young and her finance team applied technology to create a weekly trend line for its behavioral health services program several years ago.  The data helped solve some curious questions. While all the previous data...
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CFO Moves - Week ending January 10, 2014

The Henry Ford has promoted Brent Ott to Chief Financial Officer. Ott has served as manager of financial strategy and analysis for The Henry Ford since 2011. Ott started his career with The Henry Ford in 2000 and began working in the finance...
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Why CFOs Shouldn’t Ignore Big Data

“Big data” is all the rage. It has been for a couple of years now as tech giants and consulting firms have truly embraced the term and use it to persuade companies that they need to harness all the information they have at their fingerprints but...
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CFO Moves - Week Ending January 3, 2014

KMG Chemicals, Inc. (NYSE: KMG) announced that Malinda Passmore has been named vice president and chief financial officer. Passmore will join KMG on January 27, 2014. Most recently, Passmore was chief financial officer of Country Fresh. Prior...
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Trading Places: How to Carry Over Your Finance Skills to Another Industry

Robert Rostan wanted something different. He was the director of financial reporting at Sonic Automotive, an $8 billion public specialty retailer, but in 2006, he joined his brother’s company, Training the Street (TTS) a corporate training provider for...
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CFO Moves - Week Ending December 27, 2013

hhgregg Inc. (NYSE: HGG) announced that the company has accepted the resignation of Jeremy J. Aguilar as the Chief Financial Officer (Principal Financial and Accounting Officer) and Secretary of the Company, effective January 31, 2014. Mr....
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CFO Moves - Week Ending December 20, 2013

Puppet Labs announced that Bill Koefoed will join Puppet Labs as CFO. Prior to joining Puppet Labs, Koefoed was CFO of the Skype Division of Microsoft. Prior to Skype, Koefoed was general manager of investor relations for Microsoft. Prior to...
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Can Finance Afford to Ignore “Corporate Culture?” Why the Answer Is No

Six years ago, Atlantic Wireless, which operates U.S. Cellular retail stores, officially established a set of core values: fun, integrity, respect, and relentlessness. Even as the years passed and Atlantic grew from 20 employees and 4 stores to 70 employees...
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