AETHOS Consulting Group · 13 Aug
The CFO is typically the second most important role in a public company behind the CEO. That is clearly the case in the gaming industry. As most industry leaders know, AETHOS conducts a study of gaming CEO pay each year, so we decided to look at the state of CFO pay as well. Our analysis included 33 public gaming companies, that includes operators and manufacturers. The data represents CFO total direct compensation, including base salary, short and long-term incentives and other pay, reported in percentile format and includes cuts at the 25th, 50th and 75th percentiles for each component of compensation. The raw data is provided here.
AETHOS Consulting Group · 6 Apr
GDPR. Four letters of the alphabet that are proving to represent one of the biggest challenges facing businesses in 2018. The General Data Protection Regulation (GDPR) comes into effect on 25th May across the European Union, including the UK, and impacts any organisation that operates within the EU that processes data of EU citizens wherever they may be in the world. How organisations hold, store and process personal data will now be subject to higher and more consistent scrutiny - with potentially significant penalty for non-compliance. AETHOS Consulting Group's London Managing Director Chris Mumford emphasizes that much attention is already given to how customer data is handled under GDPR, especially in the hospitality sector where hotels process a high volume of personal information and payment data. "GDPR not only impacts how a business interacts with its external customers but also how it manages data internally with regard to its employees. In an industry such as hospitality where the labour force is so often highly diverse and comprised of multiple nationalities, most organisations will be affected by GDPR."
AETHOS Consulting Group · 15 Dec
With just weeks left in the 2017 calendar year, AETHOS Consulting Group in London, New York and Los Angeles have gathered their thoughts and will boldly share their predictions, concerns and issues for the coming year, and while AETHOS executives focus on issues relative to their respective parts of the globe, issues naturally transcend and impact our industry worldwide.
AETHOS Consulting Group · 3 Nov
Approximately a month ago, following Ritz Carlton's previous announcement about moving into the cruise line sector, I contemplated the issues that must have been discussed in the board room prior to committing to such an endeavor. It stirred my thinking about a company's transition into a new business area that requires new skill sets and a firm's transformation from a company culture perspective to accommodate and welcome a new talent pool into its realms.