The new job of finance lies in getting business unit growth and treasury controls in sync
By Richard Gamble|September 01, 2005 at 08:00 PM
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Scott Kaplan holds down two jobs, carries two titles, answers to two bosses, but has only one employer and receives only one paycheck. What explains this somewhat unconventional arrangement? Kaplan works for the corporate treasury at Prudential Financial Inc. and one of his bosses–the primary one–is Chuck Chaplin. Prudential’s treasurer since 1995, Chaplin was in charge of implementing a new vision of how treasury could play a strategic role after Prudential went public in 2001, and that vision meant that Kaplan as well as many of his counterparts would have to wear two hats.
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