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CFOZone Experts

Opinions and views from expert CFOZone members.

Tag >> CFOs
Sep 14
2011

CFOs lower plans to boost finance, accounting jobs

Posted by Stephen Taub in Robert HalfhiringFinanceCFOsCFOCareers/ManagementAccounting

Stephen Taub

Here is yet another reminder that job growth will continue to be slow for a period of time.

A survey by Robert Half found that an equal percentage of chief financial officers expect to boost hiring full-time accounting and finance professionals as those who plan to reduce their job ranks.

May 20
2011

CFOs finally may stop sitting on all that cash

Posted by annearf in expansionDealsCFOsCash

annearf

CFOs around the world are feeling good--good enough to start spending some money.

But they're going to do so carefully.

Apr 15
2011

Bank of America names new CFO

Posted by Stephen Taub in chief risk officerchief financial officerCFOsCFOCareers/Management

Stephen Taub

Bank of America named Bruce Thompson chief financial officer. He replaces Chuck Noski, who will become vice chairman of the banking giant.

Thompson will succeed Noski as CFO by the end of the second quarter. 

Mar 25
2011

Time and technology worry CFOs the most

Posted by annearf in time managementTechnologyfinancial executivesCFOscareer/management

annearf

What do CFOs worry about the most?  What's their biggest challenge?

The answer: time management and keeping up with changing technology, according to a study from Robert Half Management Resources.

Mar 18
2011

Manufacturing CFOs report skill shortage

Posted by Stephen Taub in research and developmentmanufacturinghealth insuranceCFOsCareers/Managementcapital expenditurescapex

Stephen Taub
U.S. manufacturers are planning to boost hiring and capital expenditures this year. However, they warned they may not bring on as many people as they would like to. Why?

They are having trouble finding qualified candidates. They say there is a shortage of skilled machine operators and welders.

Manufacturers are also concerned about the increase in health insurance costs.

Feb 14
2011

Manufacturing CFOs upbeat and downbeat

Posted by Stephen Taub in RiskCFOsCashCareers/ManagementBank of America Merrill Lynch

Stephen Taub

Chief financial officers at manufacturing companies seem a little schizophrenic these days.

On the one hand, despite daily signs of an improving economy less than a majority (45 percent) are actually forecasting expansion for their industry in 2011. What's more, this is down sharply from the 59 percent reported last year, according to Bank of America Merrill Lynch's recently released 2011 CFO Outlook.

Feb 02
2011

CFOs more upbeat these days

Posted by Stephen Taub in RiskFinancial Executives InternationalCFOsCFOCashCareers/ManagementBaruch College's Zicklin School of Business

Stephen Taub

Chief Financial Officers are more optimistic than they were three months ago.

According to the latest survey of CFOs conducted by Financial Executives International (FEI) and Baruch College's Zicklin School of Business, an index measuring CFO optimism for the US economy rose more than 10 points and the outlook for CFOs' own companies' also increased nearly four points.

Nov 18
2010

Majority of mid-market CFOs say they are hiring

Posted by Stephen Taub in jobsGeneral ElectricGE CapitalCFOsCashCareers/Managementcapital expenditures

Stephen Taub

Chief financial officers of middle-market companies are generally upbeat about the economy and their hiring plans.

Nearly half (47 percent) of the CFOs who participated in GE Capital's quarterly survey said they expect the US economy to be stable while another 37 percent said it is "improving" over the near term. This suggests little chance for a double-dip recession in the months ahead, GE Capital asserts.

Nov 04
2010

Large company CFOs grow more pessimistic

Posted by Stephen Taub in surveys, RiskpessimismDeloitteCFOs

Stephen Taub

CFOs at large companies are much more pessimistic than they were just three months ago.

According to yet another new survey of chief financial officer sentiment, just 47 percent said they are more optimistic about their company's prospects and 36 percent are less optimistic. Last quarter, nearly two-thirds said they were more optimistic and only 17 percent were less optimistic.

Nov 01
2010

Majority of smaller company CFOs plan to hire

Posted by Stephen Taub in unemployment ratehiringFEICFOsCashCareers/ManagementBaruch College's Zicklin School of Business

Stephen Taub

More than half of chief financial officers at smaller companies say they plan to hire additional workers in the near future.

According to the latest quarterly survey of CFOs conducted by Financial Executives International (FEI) and Baruch College's Zicklin School of Business, 56.5 percent of CFOs said they plan to hire more people in the next six months. A little more than 28 percent said they have no hiring plans while the rest said it is too soon to determine.

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