Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Original Mad Dog who wrote (11804)	7/31/2002 10:53:43 AM
From: Oral Roberts	Read Replies (1) \| Respond to of 17639

You folks down there don't take very kindly to people running their vans into stairways where people are sitting do they.

To: Original Mad Dog who wrote (11804)	7/31/2002 10:55:33 AM
From: Neenny	Read Replies (1) \| Respond to of 17639

If youngsters think that one can is a serving size, then a six pack must before really old people. I am staying young, for at least another day!! Or at least younger than you!!! I was going to reply the other day to Gypsees about that age 40 comment.

To: Original Mad Dog who wrote (11804)	7/31/2002 4:15:35 PM
From: Jorj X Mckie	Respond to of 17639

CFO departures accelerate in July upi.com From the Business & Economics Desk Published 7/31/2002 2:21 PM CHICAGO, July 31 (UPI) -- Scrutiny of corporate accounting practices apparently is taking its toll on chief financial officers, with the average tenure dropping to just 1.44 years in the job before departure, the executive outplacement firm Challenger, Gray & Christmas reported Wednesday. In July, 42 CFOs left their positions, bringing to 238 the number who have left so far this year. The CFO departures represented a 16 percent increase over June and 8 percent above July 2001. Meanwhile, chief executive officer departures -- although more numerous at 50 -- were 21 percent lower than in June and nearly even with the year-earlier figure. So far this year, 428 CEOs have left their posts, with an average tenure of 5.25 years. "With extraordinary emphasis being placed on corporate accounting practices, it would not be surprising if monthly CFO departures outnumbered CEO departures at some point this year," Challenger CEO John A. Challenger said. "Highly regarded CFOs will be in big demand. At the same time, they are under increased pressure to ensure that the company's financials are strong while meeting new government reporting requirements and investor scrutiny. These factors will likely combine to result in higher turnover." Technology, financial and consumer goods firms saw the highest turnover in CFOs, recording six each. Among CEOs, the service industry had the highest number of departures (eight), followed by the technology and financial industries, with seven each. Copyright © 2002 United Press International