Search

The article profiles Alison Cornell, chief financial officer (CFO) for public drug development services company Covance Inc. of Princeton, New Jersey. She graduated from Rutgers University with a degree in psychology in 1983 and earned her Master of Business Administration (MBA) from Rutgers in 1998. She started her professional career at AT&T where she met her husband and assumed a financial executive post until 2003. She joined Covance in 2004 and won several management awards since 2006.

The article highlights the success of finance executives at charitable organizations. Global Impact Chief Finance Officer (CFO) Stanley Bergman identifies three aspects of the organization that appealed to him and he points out the importance of strategic planning and sound objectives in the nonprofit sector. Associated Builders & Contractors Inc. CFO Jason Daisey and National Beer Wholesalers Association CFO Kimberly McKinnish discuss the financial and logistic challenges in the sector.

The article reports on the performance of the U.S. corporate bond market in 2012. It notes that as of mid-October 2012, public companies have already issued a total of 1.182 trillion U.S. dollars worth of corporate bonds. The author states that it is the third time that bond issuance topped 1 trillion U.S. dollars. According to the author, this growth resulted from the announcement by the Federal Reserve that it would keep interest rates low until 2015.

The article discusses the emerging trend in the hiring of chief finance officers (CFO). The author explains that companies are looking outside for their CFO, seeking operational or manufacturing experience needed by the company. According to Jeremy C. Hanson, managing partner of the North American Financial Officers Practice at Heidrick & Struggles, it is an evolutionary step as companies look for CFOs that can transition into new chief executive officer (CEO) roles.

The article discusses the organizational role of the chief information security officer (CISO) in mitigating the risk of cybersecurity incidents including its formal reporting relationship with the chief financial officer (CFO), and its unique technology role.

The article focuses on a study by accounting and consulting firm BDO USA LLP on the pay gains for chief financial officers (CFOs) in 2015. Topics covered include the gap between CFO pay and chief executive officer (CEO) pay, the expected increase in CFO pay in healthcare and the growth in long-term incentive plans that affect short-term bonus payouts. Also mentioned is the pay received by CFOs based on the organization's overall performance.

An interview with Jason Gonsalves, chief financial officer of global payment services company Cambridge Mercantile Group, is presented. Gonsalves makes a brief comparison between his past job at the Bank of Montreal as chief financial officer for technology and his new role at Cambridge. He mentions his part-time teaching job for post graduate level at a university. He also discusses the current issues faced by financial executives and some suggestions on how to address such issues.

An interview with Kevin Cook, chief financial officer (CFO) of Booz Allen Hamilton, is presented wherein he talks about the challenges he will be facing as CFO. When asked what he is doing during the transition period while waiting to step up as CFO, Cook said he is looking at what he is currently doing and transitioning that to the senior leaders that work for him. When asked if he gave any mandates or missions with the CFO role, he said no mandates.

The article features some government treasurers who were elected for higher office in the U.S. They include former county treasurer and chief investment officer Dan Kildee who won as Michigan Congressman and former state treasurers Jack Markell and Tom Carper who become Delaware Governor and U.S. Senator, respectively. It discusses how the treasurers' past responsibilities have helped them get elected and given them keen insights on how to prioritize, compromise and improvise on key issues.

The article presents a summary of a presentation made at the 2012 Association for Financial Professionals (AFP) Annual Conference, that forecasts modest gross domestic product (GDP) gains in 2013 for China while Japan is projected to see almost none. According to the author, the three keys to global economic growth in 2013 are the scale of deceleration in China, the efficacy of the management of the eurozone crisis, and the U.S. fiscal and monetary policy.

The article discusses the steps taken by world banking authorities and government leaders in connection to the European debt crisis which include crisis monitoring, cash sweeping and asset insurance. It states that flaws in the protection of depositors in European banks were exposed when Greece threatened to leave the European Union. It also states that flexibility is the solution in riding out the current crisis in Europe.

The article profiles Adrienne Urban, treasurer and vice president at Miami-based World Fuel Services Corp. (WFSC). Topics discussed include her reputation for being competitive during her participation in sports events, involvement in the activities of her family and her profession and her preferred television programs. Also mentioned is the value-added customer service of WFSC to remain competitive in the global fuel logistics industry.

An interview with Katria N. Kowal, Certified Treasury Professional (CTP), is presented. When asked about her notable accomplishments during her early years, Kowal talks about being a first generation bi-lingual Ukrainian-American, becoming a semi-professional dancer with the Voloshky Ukrainian Dance Ensemble, and meeting and marrying her husband. Kowal shares how she got her first treasury job and her career development, the key issues in treasury, and her proudest professional accomplishments.

An interview with June M. Johnson, director of Finance and Treasury of Z Capital Partners LLC, is presented. She shares that she got her first job in treasury when she applied for a benefits position in the treasury department after two years of being an auditor. She mentions that taking on a double duty work for accounting and treasury provided her with an extensive experience. The economy, according to her, is still a huge issue due to more post-recession rules and regulations.

An interview with Johanne Gauthier, director of treasury and corporate finance at the CSL Group Inc., is presented. She recounts how she ended up at her first job in treasury. She identifies the challenges she has dealt with and the issues faced by treasurers. She describes what financial professionals would have in an ideal world.

An interview with Republican Representative Lynn Jenkins from Kansas is presented. She describes her early career in finance and the type of work she was doing. She talks about how her experience as treasurer helped prepare her for her current role as representative. She offers advice to finance professionals who are considering a move to the government sector.

An interview with Anthony Scaglione, senior vice president of merger and acquisition (M&A) and corporate treasurer at ABM Industries Inc. in New York, is presented. He discusses his first job in accounting at a local company and then at global accounting firm KPMG. He comments about a memorable career event at C.A. Technologies, the significant challenges he has dealt with, and the most important issues facing contemporary treasurers.

An interview with Henry Schein, Inc. vice president and treasurer Ferdinand Jahnel is presented. Jahnel recalls his professional career at transport-related engineering company MAN group in its corporate finance department. He also cites his passion for classic Porsches, and owns a 1972 911T and 1984 928S.

An interview with Jeff Johnson, treasurer and vice-president of investor relations at Deluxe Corp., is presented. He offers a background of his career in treasury and his high school and university education. He refers to the downturn of the financial market during the Great Recession as one of the most significant challenges he dealt with. He discusses the significance of the balance of risk and return and streamlining of cash management operations across business units and countries.