In the ever-changing business world, every year brings in new ideas, new projects as well as new people that make up a company’s organizational structure. For any business owner, it’s important to stay informed as to current events as well as future moves of companies within your industry, should the need to find a CFO arise.
Restructuring the management of a business can happen quickly, and it occurs more often than we think. Three examples of this type of change involve companies Baxter International, Hill-Rom, and AngloGold Ashanti, and these have either just taken place or will in the very near future.
There are going to be several new things happening in Deerfield, Illinois where Baxter International is based. The company will be welcoming back James Saccaro next month as CFO of the company after his departure last December, and sometime next year Robert Hombach will be the CFO of Baxter International’s bio-pharmaceutical business. Last year James Saccaro left to work for Hill-Rom when he decided to set out to find a CFO position, however, he will return to the company as a CFO instead of his original position as treasurer.
Batesville, Indiana is where the medical device maker organization Hill-Rom is located. Since James Saccaro’s departure from the company, Hill-Rom has placed Michael Macek as the interim Chief Financial Officer until a permanent replacement is found. Macek also reportedly served as the business’s interim CFO last year, prior to the hire of James Saccaro which means he has some knowledge of the position. When he is not acting as temporary CFO, he is said to be the company’s treasurer with an annual salary of over $240,000. This would not include the incentive participation program that he was eligible to participate in either.
Gold mining business AngloGold Ashanti recently named Christine Ramon as its new CFO and executive director effective this October. It’s been reported that she will inherit Richard Duffy’s role, who will be stepping down from his job at some point in the near future. Her compensation and total package have not been revealed at this point.
It’s easy to see how shuffling the around of CFOs can provide the opportunity for an organization to fill its own needs, but one of the quickest and easiest ways to find a CFO is to go directly to GoodAccountants.com, with access to thousands of the most qualified candidates around.