Raffi Basmadjian
Head of Group Cash Management & Treasury IT
France Telecom

Over the last year, Basmadjian oversaw a revamp of FranceTelecom's cash management and treasury structure that included cashpooling for 210 entities, netting for 197 and a treasury and cashmanagement shared service center that serves 77 units. Thecompany's payment factory is due to be rolled out in 2012.

Jörg B. Bermüller
Head of Cash & Risk Management
Merck KGaA

As German pharmaceutical company Merck KGaA–not to be confusedwith Merck & Co. in the U.S.–made a steady stream ofacquisitions in recent years, including the purchase of Millipore,Bermüller was responsible for the smooth integration oftreasury tasks, including implementing a risk management system andexpanding the payment factory.

Gary Bischoping Jr.
Treasurer & VP
Dell

Bischoping led a transformation of Dell's global treasuryoperations that standardized and automated processes and movedtreasury from multiple platforms to just one. The effort, whichincluded streamlining bank connectivity via SWIFT, provided Dellwith real-time visibility into cash, liquidity and risk.

Brent Callinicos
Treasurer & VP
Google

Callinicos and his team continue to automate Google's treasuryfunctions. Recent initiatives include expanding the paymentsinfrastructure to non-treasury payment and automating the reportingsystem. Meanwhile, Callinicos has taken on added responsibility forthe company's worldwide accounting and tax.

Nick Cyprus
Controller, Chief Accounting Officer & VP
General Motors

As the auto company's controller since 2006, Cyprus hasredesigned the controller's organization, staffed it withworld-class talent and developed training programs to meetaccountants' continuing education requirements and train them inkey high-risk areas.

Peter Dorey
Manager, Global Treasury Operations
Talisman Energy

Dorey is leading a program to enhance the Canadian oil and gasexploration and production company's global treasury operations byimplementing multicurrency notional cash pooling, centralizedforecasting and FX management and enhanced technology.

Robert Falzon
Treasurer & SVP
Prudential Financial

Falzon developed a more risk-sensitive capital managementframework to evaluate Prudential's alternatives for redeployingcapital, which results in greater capital flexibility. Theframework includes a dynamic capital protection plan thatidentifies emerging stress scenarios.

Jorge Gomez
CFO, Pharmaceutical Division
Cardinal Health

Prior to being named to his current position earlier this year,Gomez served as Cardinal Health's treasurer. In that position, heled risk management efforts that strengthened the balance sheet andresulted in several credit rating upgrades. He also played a keyrole in the $5 billion spin-off of the medical devices unit.

Tessa Hilado
SVP, Finance & Treasurer
Pepsico

Hilado has upgraded PepsiCo's cash and debt managementcapabilities and provided leadership in the redesign of thedefined-benefit pension plan, as well as the design and executionof a systematic hedging program. She also led funding efforts for anumber of the company's acquisitions, including the $7.8 billiontransaction for its bottlers.

James Hodge
SVP, Corporate Controller & Treasurer
CA Technologies

Hodge led efforts to reduce leverage by more than $1 billion,which resulted in a ratings increase to investment grade(BBB+/Baa2) from speculative. He also centralized CA's global cashmanagement by using netting and both physical and notional cashpools.

Richard Lautch
Treasurer & VP
Starbucks

Lautch has played a key role as the coffee chain remodeled itsfinancial structure by adding debt, via a commercial paper programand bond issuance, implementing a dividend and getting rid ofunderperforming stores.

Teri List-Stoll
SVP & Treasurer
Procter & Gamble

As P&G's treasurer since 2009, List-Stoll completed the $2.7billion divestiture of the Pringles business, and oversaw a $1billion issue of 10-year notes at a record-low 2.38% yield, as wellas the formation of a healthcare joint venture with TevaPharmaceuticals.

François Masquelier
Head of Treasury & SVP, Corporate Finance
RTL Group

At Europe's largest TV, radio and production company, Masquelierhas implemented a group-wide reporting process for internalcontrols, developed a governance risk and compliance tool, andfocused on setting up full straight-through processing across thecompany's treasury systems.

Mark McDonough
Treasurer & VP
Merck & Co.

McDonough and the Merck treasury team were early adopters of ISO20022 XML messaging and SEPA credit transfers, using them toimplement a standard cash management process and global interfacefor payments and collections. The solution yielded savings byincreasing cash visibility, enhancing yields and cutting bankcharges.

Anita Patterson
Director of Treasury Services
Cox Enterprises

Patterson provides strategic direction on all treasury issuesfor the media company, including managing banking arrangements andensuring Patriot Act compliance. She also serves as vice chairmanand a member of the board for the Association for FinancialProfessionals.

Catherine Portman
VP, Treasury
Juniper Networks

Portman led efforts that resulted in Juniper's obtaining aninvestment-grade rating from both Moody's and Standard &Poor's, followed by the company's first public debt offering. Andher analysis of Juniper's global counterparty risk enabled thecompany to take steps to reduce its potential exposure.

George Zinn
Treasurer & Corporate VP
Microsoft

In 2011, Microsoft took home the overall Alexander HamiltonAward for the fourth time, as Zinn and his team continue to come upwith solutions that address significant treasury issues, such ascash visibility and risk tracking.

See the 2011 list of the 100 Most Influential People inFinance here.