This episode features an interview with Enrique Calderon, former Assistant Treasurer at Fluor, a global engineering construction company with a revenue of $15.7B in 2020 and ranked 181 among the Fortune 500. 

Enrique has spent an impressive 45 years in Treasury.  Prior to his 14 years as Assistant Treasurer at Fluor, Enrique spent 29 years working for AT&T or its divested companies, where he took on an assignment in a joint venture with Telefonica in Spain and became regional treasurer for Latin America and later for Europe, the Middle East and Africa.  

On this episode, Enrique talks about what it was like adopting the Euro at a massive organization, how important it is to understand liquidity whether or not your company is flush with cash, and shares some valuable advice on getting promoted.

Quotes

“When the treasurer was a man, we used to say cash is king. And when the treasurer was a woman, we used to say cash is queen.  But cash is the most important thing that you can have in a corporation.  Even better than profits at times, you have to make sure that you have cash flow and that you can meet your needs.”

Time Stamps

*[10:35] Tips on getting promoted

*[15:46] Growing diversity in Corporate America

*[21:45] Introducing the Euro in a massive organization

*[23:56] Look for ways you can reuse skills from previous positions

*[26:27] Why even healtthy companies should understand cash flow

Sponsor

The Invisible Vault is powered by the team at Kyriba, the global leader in cloud treasury and finance solutions, empowering CFOs and their teams to transform how they activate liquidity as a dynamic, real-time vehicle for growth and value creation. To learn more visit www.kyriba.com

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