HR Digest

FEBRUARY 10, 2021

announced that its chief financial officer Josh Smiley had resigned over his involvement with an employee in the firm. Anat Ashkenazi, previously senior vice president, controller and chief financial officer of Lilly Research Laboratories, has been named as his successor and will now be the next CFO.

CFO 52

CFO Chief Financial Officer Chief Executive Officer Strategic Planning 52

Chart Your Course

JANUARY 13, 2017

Chief Financial Officer. You need a numbers guy to navigate your company to financial success. If the movies are true, the ideal is a tie wearing, straight arrow that lives for financial statements. If your CFO is doing something financially shady, SOX says that he is either doing it with you or to you.

CFO 100

CFO Chief Financial Officer Team Ethics 100

Strategy Driven

JULY 21, 2020

Accountants deal with statistical data, such as financial records, costs, and profits. This title demands a deep understanding of finance, and it requires, at the least, a four-year bachelor’s degree in accounting. Chief Financial Officer (CFO). JOB OPPORTUNITIES IN ACCOUNTING CAREER. Controller.

CFO 66

CFO Career Chief Financial Officer Finance 66

Strategy Driven

MARCH 20, 2021

It’s usually the job of a bank’s chief financial officer (CFO), chief risk officer (CRO), or chief technology officer (CTO) to oversee tech implementation. Or, they may be skeptical about whether it’s worth the cost, or the risk to a high-stakes profession such as finance.

Technology 70

Technology Chief Financial Officer Banking Chief Technology Officer 70

CEO Insider

FEBRUARY 17, 2021

Yet, despite the unprecedented level of challenges and change, a large proportion of finance leaders are strongly optimistic for the future. […].

CFO 105

CFO Course Licensing Finance 105

Strategy Driven

OCTOBER 26, 2016

At the time we launched my second business, Sigma Communications, and its flagship magazine, The National Register of Commercial Real Estate , the biggest issue facing chief financial officers and real estate executives was their surplus real estate. Capital was extremely scarce, and interest rates were extraordinarily high.

Real Estate 50

Real Estate Chief Financial Officer Business Model Magazine 50

Deming Institute

JANUARY 9, 2017

At Berkshire, managers can focus on running their businesses: They are not subjected to meetings at headquarters nor financing worries nor Wall Street harassment. Many large investments at our railroad and utility operations are also made with an eye to payoffs well down the road. …. How to Stop Short-Term Thinking at America’s Companies.

Short-term 28

Short-term Long-term Deming Management 28

Harvard Business Review

JULY 25, 2016

What receives far less attention is that, more and more in our increasingly complex, volatile, and fully-globalized business world, the effectiveness of such action depends on a powerful partnership between the Chief Financial Officer (CFO) and the General Counsel (GC).

CFO 8

CFO Chief Financial Officer Compliance Due Diligence 8

Harvard Business Review

JULY 11, 2013

At the annual conference of the Association of Certified Fraud Examiners late last month, former Enron Chief Financial Officer Andrew Fastow, who served six years in prison for his part in Enron''s deceptions, offered an explanation. Were the rating agencies aware of Enron''s oft-maligned financing structures?

Price 8

Price Credit Rating Finance Chief Financial Officer 8

Harvard Business Review

MAY 1, 2012

Andrew Fastow, the former chief financial officer of Enron, recently completed a six-year prison sentence for his part in the scandalous deception that hid Enron's financial troubles from investors. In fact, it may have exacerbated the problem. Are these deals true risk transfers or are they cosmetic?

Chief Financial Officer 11

Chief Financial Officer Finance Banking Class 11

Harvard Business Review

JUNE 8, 2018

In our recent HBR article , we argued that financial statements fail to capture the value created by modern digital companies. Since then, we interviewed several chief financial officers (CFOs) of leading technology companies and senior analysts of investment banks who follow technology companies.

Report 8

Report GAAP Net Present Value CFO 8

Harvard Business Review

SEPTEMBER 29, 2011

For example, Tim Sheahan, Chief Financial Officer for a large division of a multi-national corporation, aspires to become CFO of a Fortune 100 company in the future. At meetings of the corporation's finance managers, Tim makes a point to spend time with lower-level staff members to establish a personal bond.

Execution 14

Execution Team Chief Financial Officer Finance 14

Harvard Business Review

JUNE 22, 2017

When the opportunity came up to become CEO at the hospital where I was, the case that I made was that if we took care of the patients and families well, if the business was serving the patients and families and the doctors and the nurses, the finances would follow. The finances of a children’s hospital are not easy.

CEO 8

CEO System Innovation Chief Financial Officer 8

Harvard Business Review

AUGUST 6, 2014

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. On the finance and deal side, we also felt a strong kinship with Tsai.

Chief Financial Officer 10

Chief Financial Officer Operations Learning-by-Doing IPO 10

Harvard Business Review

NOVEMBER 30, 2018

If you want to be a chief financial officer (CFO), identify five CFOs who you admire or who are well regarded in your industry. During your call, ask them, “What are the key functional experiences [not necessarily jobs] that you believe will produce the highest-quality [general manager, IT architect, finance director]?

Career 8

Career Chief Financial Officer Supply Chain Chief Information Officer 8

Harvard Business Review

OCTOBER 10, 2013

The chief financial officer (CFO) role rose to prominence in the mid -1980’s as pressures for value management and more transparent investor relations gained traction. Over the past 30 years, most companies have added new C-level roles in response to changing business environments.

Chief Financial Officer 8

Chief Financial Officer Information Technology Metrics CFO 8

Harvard Business Review

SEPTEMBER 14, 2016

A few years ago I was working with a global company that was trying to engage Chief Financial Officers. But when we talked to CFOs, what they really wanted to know was how the company managed its own finances across so many geographies. When told of this request, the company’s response was “Really?

CIO 8

CIO Chief Financial Officer White Paper Learning-by-Doing 8

Harvard Business Review

AUGUST 3, 2018

In a recent HBR article , we claimed that modern digital companies such as Uber, Facebook, and Alphabet play an increasingly important role in the economy, but their financial statements fail to capture company’s main value drivers. Based on these insights, we now propose a new blueprint for financial reporting of digital companies.

Report 8

Report GAAP Company Proposal 8

Harvard Business Review

OCTOBER 17, 2012

The Wall Street Journal reported this week that chief financial officers are getting chucked off their companies' boards right and left as part of the push for more independent directors. At least, that's my reading of the voluminous academic research on the topic. Yet the anti-insider movement rolls on unchecked.

Chief Financial Officer 8

Chief Financial Officer Banking Long-term Short-term 8

Harvard Business Review

MARCH 10, 2011

This is the key finding of the Current Trends in Estimating and Applying the Cost of Capital research released this week by the Association for Financial Professionals, a trade group of 16,000 corporate treasury and finance practitioners. Download this pdf for an executive summary, or login here for the full report.)

Cost of Capital 13

Cost of Capital CAPM Cost Discounted Cash Flow 13