Word: cfo
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CLEANING HOUSE In his 2004 plea bargain, ex--Enron CFO Andrew Fastow forfeited $29 million, including his Galveston, Texas, home, which the feds sold for $595,000 last year...
...thought I was being a hero for Enron." ANDREW FASTOW, former Enron CFO testifying against former chief executives Jeffrey Skilling and Kenneth Lay, on why he took part in secretive transactions that inflated the company's earnings?and padded his own bank account...
...have more listings at the high end, with salaries up at $325,000. We have CFO positions and some small- company CEO openings that pay $100,000. Of course, that's not to suggest that the counterpart of Jack Welch is going job hunting online...
...fast riser at AT&T and its Lucent spin-off. In 2000 he joined an optics firm called OMM Inc. that tanked with the telecom sector in 2003. Stints with a venture-capital firm and optical- component maker Bookham Inc. followed. Burke's former boss Phil Chapman, now CFO with Peregrine Semiconductor Corp. in San Diego, calls him "fearless." Fearlessness will serve Burke well now. "You don't want to be partnering with a customer who expects this to be simple," says another of Burke's former bosses, John Hughes...
...creativity are Lars Nygaard's two favorite words. Last month the Dane became the CEO of Spanair, Spain's fast-expanding No. 2 airline. Top of his agenda: "Breaking down walls. I want to change the culture in our company," says Nygaard, 39, who was formerly Spanair's CFO. "Where I come from, things are less hierarchical." Nygaard comes from Spanair's parent, the Scandinavian carrier SAS, where he got his start. With his open-plan management and quick response to new ideas, he says, Spanair can thrive in a tough market: "We have a cost structure comparable...