IDG News Service -
Name: Michael Durney
Age: 48
Education: State University of New York at Oswego
Company headquarters: New York City
Revenue: Approximately US$127 million for mercantile 2010
Countries of operation: U.S., U.K., Singapore, Dubai, Australia
Number of employees: About 320
Number of send reports: 6
Where did you beginning in financial and what practice led you to the work you have today?
I proposed my post-college vocation in open accounting at Arthur Young Company before it was Ernst Young, to give you a few thought of how long ago that was. we proposed there in the mid-'80s and we was there for about five-and-a-half years. And then we had the chance to take a work with one of my clients, that was Univision, back in its infirm days.
From a vocation trail standpoint, we similar to to do not similar things, so after we worked at Univision for about 6 years we had a course of CFO jobs at comparatively tiny companies for about two years each. Then, we had an chance to be a CFO of this Internet portal firm called EarthWeb. That developed in to Dice Holdings.
Who was an successful team leader for you and what lessons did they learn you about administration and leadership?
I regard may the many successful person post-public accounting was the CFO of Univision [George Blank], who was my initial team leader after we left open accounting. He gave me the chance to expand a purpose that was combined for me. we became the administrator of the entire Univision company.
From an experience standpoint, his type was to let me do what we thought was correct with really little send impasse from him. From a care style, we regard it entangled me in carrying out a lot of things we wouldn't have instead had the chance to do.
What are the greatest challenges confronting CFOs today?
I regard for the business -- and this may be somewhat not similar for other spaces -- but the business is carrying out flattering good in this environment, so we see the greatest dare for us currently is where to deposit to keep flourishing and where to deposit possibly geographically or in new straight opportunities. we regard in a lot of respects it's simpler for CFOs to succeed in downturns since you can only say no to a lot of things. Here, we have a lot of opportunities and it's harder for me to confirm where to put the resources.
More generally, law [is a dare for CFOs]. There's the Dodd-Frank bill, there's Sarbanes-Oxley, there's the health-care reform. There are general manners -- there are not similar manners for carrying out business in not similar places. we regard one of the greatest challenges is handling all of those.
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