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CFO Moves – week ending March 29, 2019

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CFO Moves this week include:

J. C. Penney Company Vitamin Shoppe, Inc. Ryder System, Inc.
OneMain Holdings, Inc. Albany International Corp. CIM Commercial Trust Corporation
The ONE Group Hospitality, Inc. Quanterix Corporation Texas American Resources Company
Magellan Midstream Partners, L.P. Razberi Technologies PGT Innovations, Inc.
Lexington Realty Trust Apple Hospitality REIT Inc. Air T, Inc.
SynTech Bioenergy Curator Solutions CytomX Therapeutics Inc.
SurchX Modo Labs Insmed Incorporated
Blind Squirrel Entertainment Rippe & Kingston Arcus Biosciences, Inc.
Provectus

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NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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J. C. Penney Company, Inc. [PLANO, Texas] (NYSE: JCP) announced that Bill Wafford has been named executive vice president, chief financial officer, effective April 8. He succeeds Michael Fung, interim chief financial officer, who will remain with the Company through the end of April to allow for a seamless leadership transition. Wafford most recently served as executive vice president, chief financial officer for The Vitamin Shoppe. He joined The Vitamin Shoppe in 2017 as senior vice president overseeing strategy, finance, international operations and business development. Prior to The Vitamin Shoppe, Wafford served as a partner in the advisory practice group of KPMG following a five-year career at Walgreens Boots Alliance. Before Walgreens, Wafford held multiple finance-related positions with Archstone Consulting, Bank of America and at Target Corporation.

Vitamin Shoppe, Inc. [SECAUCUS, NJ] (NYSE: VSI) announced that Bill Wafford resigned from his current position as Executive Vice President – Chief Financial Officer of the Company, effective April 5, 2019, in order to take a position as Chief Financial Officer at J. C. Penney Company, Inc. In connection with Mr. Wafford’s resignation, the Company will name Charles Knight as the Company’s Interim Chief Financial Officer. Knight currently serves as the Company’s Senior Vice President – Chief Accounting Officer. Prior to joining the Company, Mr. Knight was employed at Toys “R” Us, Inc. since 1990, and has held positions of increasing responsibility, most recently as Senior Vice President-Corporate Controller (2010-2018).  Prior to joining Toys “R” Us, he was a Senior Accountant at Deloitte & Touche LLP from 1986.

Scott T. Parker

Ryder System, Inc. [MIAMI, FL] (NYSE: R) announced the appointment of Scott T. Parker as executive vice president (EVP) and chief financial officer (CFO). Parker succeeds Art A. Garcia who announced his retirement in September 2018. He will join Ryder on April 5, 2019. Since November 2015, Mr. Parker served as EVP and CFO for OneMainFinancial. Prior to his most recent role at OneMain, Mr. Parker served as the CFO for commercial finance company CIT Group Inc. from July 2010 to October 2015. Prior to joining CIT, he served as CFO from 2006 to 2008 and chief operating officer from mid-2008 to 2010 for Cerberus Operations & Advisory Company, an affiliate of private investment firm Cerberus Capital Management. Mr. Parker also spent more than 15 years in leadership roles within the industrial and financial services businesses at General Electric Company, including CFO of GE Capital Solutions from 2005 to 2006.

OneMain Holdings, Inc. [BALTIMORE, MD] (NYSE: OMF) announced that Scott T. Parker, its Chief Financial Officer (CFO) since 2015, will be leaving the company. Micah Conrad, currently OneMain’s Deputy CFO, will become Acting CFO. Prior to Springleaf’s acquisition of OneMain Financial, Conrad was CFO of OneMain, then a subsidiary of Citigroup starting in 2013. In addition to having served as Deputy CFO, Conrad was and will remain CFO of Springleaf Finance Corporation, OneMain’s unsecured bond issuing subsidiary. Prior to his time at OneMain, Conrad was a managing director at Citigroup and served in a variety of senior finance roles within Citi Holdings, Global Wealth Management and Institutional Clients Group.“Micah is an integral member of the executive team and brings extensive finance, capital markets and operational expertise to this role,”Shulman said. “His experience with our company and in previous senior roles in the financial services industry will help OneMain continue to produce great results.”

Albany International Corp. [ROCHESTER, NH] (NYSE: AIN) announced that it appointed Stephen M. Nolan as Chief Financial Officer and Treasurer to succeed John Cozzolino, effective April 1, 2019. Nolan most recently serving as CFO for Esterline, where he co-led the recently completed sale of Esterline to TransDigm Group Incorporated. Mr. Nolan had served as CFO of Esterline since February 2018. Prior to this role, he was the Chief Financial Officer for Vista Outdoor, Inc., and worked on the formation and spin-off of Vista Outdoor from its aerospace and defense parent company Alliant Techsystems (ATK) in 2015, as well as the related merger between ATK and Orbital Sciences to create Orbital ATK. Prior to that time, Mr. Nolan worked in a number of strategic and operational management roles within ATK, including Senior Vice President for Strategy and Business Development and several business unit leadership positions. Earlier in his career, Mr. Nolan served for five years in corporate development and strategy roles at Raytheon Company and five years as a strategy consultant at McKinsey & Company.

CIM Commercial Trust Corporation [DALLAS, TX] (NASDAQ & TASE: CMCT) announced that it appointed David Thompson as its Chief Executive Officer (“CEO”) and Nathan DeBacker as its Chief Financial Officer (“CFO”). Thompson previously served as CIM Commercial Trust’s CFO since 2014 and is a Principal and the CFO of CIM Group. DeBacker is a Senior Vice President and the CFO of CCO Capital, LLC, a subsidiary of CIM Group.

The ONE Group Hospitality, Inc. [NEW YORK, NY] (NASDAQ: STKS) announced the appointment of Tyler Loy as Chief Financial Officer effective April 1, 2019. Linda Siluk, who is serving as Interim Chief Financial Officer, has been named to the newly created position of Chief Administrative Officer effective April 1, 2019. Loy has served as Vice President of Strategy at The ONE Group since September 2018. Prior, he was the Vice President of Finance for PacificBells. Mr. Loy began his career in operations at McCormick and Schmick’s Seafood Restaurants later moving into corporate finance. Between 2011 and 2016, he held various positions of increasing responsibility at Einstein Noah Restaurant Group in corporate finance, marketing, operations and strategy, serving most recently as Vice President of Catering.

Amol Chaubal

Quanterix Corporation [LEXINGTON, MA] (NASDAQ: QTRX) announced that it has named Amol Chaubal to the position of Chief Financial Officer (CFO), effective April 12, 2019. Amol replaces Joseph Driscoll, who is stepping down from his current role as CFO. Amol joins from Smith & Nephew, where he serves as CFO of Global Operations. Prior to his time at Smith & Nephew, Amol served as corporate vice president and head of finance for PAREXEL’s CRS business. He has also held various roles at Novartis, including CFO North America – Vaccines & Diagnostics as well as international roles across Switzerland, Canada and the United States.

Texas American Resources Company [AUSTIN, TX] announced that Ben M. Ellis has been appointed as Chief Financial Officer. Ellis most recently as Chief Financial Officer for Travis Peak Resources, LLC. Ellis also spent nearly five years at BP Corporation North American Inc. (BP). Prior to BP, Ellis spent five years at Merrill Lynch.

Magellan Midstream Partners, L.P. [TULSA, OK] (NYSE: MMP) announced that Aaron Milford has been promoted to chief operating officer effective May 1. Milford previously served as chief financial officer for Magellan. He has spent his entire career with Magellan or its predecessors. The partnership’s former vice president of finance and treasurer, Jeff Holman, will be promoted to chief financial officer also effective May 1. Holman has been with Magellan since its inception and has served in his most recent role since 2010 and other senior-level finance positions prior to that.

Razberi Technologies [FARMERS BRANCH, TX] announced that Jerry Trojan has joined as its chief financial officer. Trojan joins Razberi from Syncrolite LLC, where he served as CEO and previously CFO. Before that, he was the CFO of RAVE Restaurant Group Inc. His experience also includes CFO positions at two other publicly traded companies and several private equity backed companies.

PGT Innovations, Inc. [VENICE, FL] (NYSE: PGTI) announced the appointment of Sherri Baker as Senior Vice President and Chief Financial Officer, effective April 8, 2019. Baker succeeds Brad West, who is assuming the newly created position of Senior Vice President of Corporate Development and Treasurer. Prior to joining PGT Innovations, Baker served as Vice President, Commercial Finance, for Dean Foods Company. Earlier, Baker served as Vice President of Investor Relations, Strategy and Corporate Finance, as well as Vice President of Finance, Logistics, forDean Foods. Prior to Dean Foods, Baker spent 13 years at Frito-Lay, a subsidiary of PepsiCo, in a succession of finance and accounting roles.

Lexington Realty Trust [NEW YORK, NY] (NYSE: LXP) named Beth Boulerice its chief financial officer and treasurer. She succeeds Patrick Carroll, who was appointed as the company’s chief risk officer. Prior to joining Lexington in 2007, Ms. Boulerice was the Chief Accounting Officer at Newkirk Realty Trust and held various accounting roles at First Winthrop Corporation.

Apple Hospitality REIT Inc. [RICHMOND, VA] (NYSE: APLE) said that Chief Financial Officer Bryan Peery plans to retire in the first quarter of 2020. Peery intends to remain with the company over the next year to ensure a smooth transition.

Air T [MAIDEN, NC] announced that Brett Reynolds, Senior Vice President and Chief Financial Officer, informed the Company that he expects to resign his employment with the Company on or about April 12, 2019 to accept a position at another company.

Garrett Pettingell

SynTech Bioenergy [ENGLEWOOD, CO] appointed Garrett Pettingell as Chief Financial Officer. Pettingell has more than 20 years of work experience as a CEO and CFO of public and private companies in the United States and in Europe. Pettingell started his career with Bank of Austria in Moscow, Russia, rising to Head of Corporate Banking. In 2002, Pettingell engineered the spin-out of Apptix Inc. from TeleComputing. He was also CEO of Blue Frog Solutions.

Curator Solutions [HERNDON, VA] added David Cooper as Chief Financial Officer (CFO). Cooper was CFO of Dean & Company Strategy Consultants, Inc., in which he served as CFO for a number of affiliated startups that either had successful exists or grew to be mature operating businesses.

CytomX Therapeutics, Inc [SOUTH SAN FRANCISCO, CA] (NASDAQ: CTMX) announced that its Chief Financial Officer, Debanjan Ray, will be stepping down from the Company, effective May 15, 2019, to become the Chief Executive Officer of a newly-formed private biotechnology company.

SurchX [PHOENIX, AZ] announced the appointment of Jared Peck as Chief Financial Officer. Peck comes to SurchX from Swift Transportation, where he spent 14 years in finance and leadership roles.

Jacquelyn Barry Hamilton

Modo [CAMBRIDGE, MA] announced that Jacquelyn Barry Hamilton has joined the leadership team as the company’s Chief Financial Officer. Hamilton has most recently served as the CFO for NetCracker. Previously, Hamilton served for 4 Years as the Global Technology Division CFO for Monster Worldwide, and was also the CFO of Corporate Software, companies, which was acquired by Level 3 Communications during her tenure. At Level 3, Hamilton focused on M&A and post-merger integration activities.

Insmed Incorporated [BRIDGEWATER, N.J.] (NASDAQ: INSM) announced that Paolo Tombesi, Chief Financial Officer, will be leaving the company effective June 2, 2019.

Blind Squirrel Entertainment [LOS ANGELES] hired Steve Sardegna as its Chief Financial Officer. Previous to joining Blind Squirrel Entertainment, Sardegna served as Chief Operating Officer and Chief Financial Officer at various companies. Prior to that, he was Executive Vice President, Chief Financial Officer and Co-founder for fifteen years at Foundation 9 Entertainment. Before co-founding Foundation 9 Entertainment, Steve held various financial executive roles for both startup and global organizations, including Vulcan Programming; Virgin Interactive Entertainment; and KPMG.

Rippe & Kingston [CINCINNATI] announced the appointment of Sarah Huber as chief financial officer (CFO). Huber joins Rippe & Kingston from the Futbol Club Cincinnati (FC Cincinnati) where she was the senior vice president and chief financial officer.

Arcus Biosciences, Inc. [HAYWARD, Calif.] (NYSE: RCUS) announced the appointment of Rekha Hemrajani as Chief Operating and Financial Officer. Ms. Hemrajani joins Arcus from FLX Bio where she was Chief Operating Officer. Prior to FLX Bio, Ms. Hemrajani was Chief Financial Officer and Senior Vice President of Business and Financial Operations at 3-V Biosciences. Previously, Ms. Hemrajani was Vice President, Head of Licensing and Mergers and Acquisitions at Onyx Pharmaceuticals and Vice President of Business Development at Exelixis. Ms. Hemrajani began her career in investment banking at firms such as Credit Suisse First Boston and Lehman Brothers, where she focused on the biopharmaceutical and healthcare sector.

Provectus [KNOXVILLE, TN] (OTCQB: PVCT) announced the appointment of Heather Raines as the Company’s Chief Financial Officer (CFO). Mrs. Raines had previously served as Provectus’ Controller since 2017, and now replaces the Company’s interim CFO. From 2007 to 2015, Mrs. Raines served as Controller of the Oak Ridge, Tennessee location of AMETEK, Inc. Following AMETEK, from 2015 to 2017, she served as Vice President of Finance for BDry Waterproofing and Foundation Repair.


CFO Moves – week ending April 5, 2019

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CFO Moves this week include:

Hibbett Sports, Inc. Cognex Corporation BetterGIS
Applied Insight Sonos Intel Corporation
Bio-Rad Laboratories, Inc. Seibels Personalis, Inc.
Alcon Vertex Pharmaceuticals Incorporated Akoya Biosciences, Inc.
C.H. Robinson Worldwide, Inc. The Church Pension Group (CPG) ACADIA Pharmaceuticals Inc.
Qualcomm Incorporated Alexander & Baldwin FGL Holdings
Karma Automotive Ontario International Airport ORBCOMM Inc.
Teradyne, Inc. Cavco Industries, Inc. SP Plus Corporation
VendEngine Financial Institutions, Inc. Generation NEXT Franchise Brands
Pacific West Bank Jet Edge Stoneweg U.S. LLC

Would you like to receive our weekly CFO Moves directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Hibbett Sports, Inc. [BIRMINGHAM, AL] (NASDAQ/GS: HIBB) announced that Scott J. Bowman, Senior Vice President and Chief Financial Officer, is resigning effective April 26, 2019, to pursue another opportunity.

Cognex Corporation [NATICK, MA] (NASDAQ: CGNX) announced that Senior Vice President of Finance & Administration and Chief Financial Officer John J. Curran will resign from Cognex, effective May 3, 2019.

BetterGIS [NOVATO, CA] announced that James Rodisch has been named Chief Financial Officer and a member of the company’s executive management team. Most recently, Rodisch was Vice President of Finance and Administration at the Center of Sustainable Energy. Prior to that, Rodisch was Assistant Dean, Academic Affairs, at DeVry University. Earlier in his career, he was President/COO for Abington Health Alliance Inc. His past experience also included executive positions at University of Phoenix, CompassLearning and Rady’s Children Hospital in San Diego.

Applied Insight [ASHBURN, VA] announced Mehdi Cherqaoui as CFO. Cherqaoui formerly was CFO and COO of Phacil and earlier held senior finance and M&A roles with PAE, URS, PwC and KPMG.

Sonos [SANTA BARBARA, CA] (NASDAQ: SONO) announced that Brittany Bagley will join the company’s executive management team as its new Chief Financial Officer, effective April 22, 2019. Bagley replaces current CFO Mike Giannetto who will retire in June. Bagley was previously a Managing Director at global investment firm KKR & Co., where she has held various roles on the technology, media, and telecom (TMT) private equity team since 2007. Bagley was a member of KKR’s original Sonos investment team in 2012 and has served on the Sonos Board for the past two years. In anticipation of assuming her new role, Bagley is stepping down from the Sonos Board of Directors. Bagley has served as a Director on the boards of Sonos, Savant, Transphorm and WebMD. Prior to joining KKR, Bagley was an analyst at The Goldman Sachs Group, Inc.

Intel Corporation [SANTA CLARA, CA] announced the appointment of George S. Davis as executive vice president and chief financial officer (CFO). Davis joins Intel from Qualcomm Inc., where he served as executive vice president and CFO since March 2013. Prior to Qualcomm, Davis served six years as CFO for Applied Materials.

Bio-Rad Laboratories, Inc. [HERCULES, CA] (NYSE: BIO and BIOb) announced the appointment of Ilan Daskal as Executive Vice President and Chief Financial Officer. Daskal comes to Bio-Rad from Lumileds, where he served as Chief Financial Officer. He has over 25 years of experience in senior financial roles and has held several CFO positions at both public and private companies that include International Rectifier Corporation and Infineon.

Brad Gipson

Seibels [COLUMBIA, SC] announced the appointment of Brad Gipson to Chief Financial Officer and Treasurer. Most recently, Gipson was Chief Property Actuary at Gulfstream Property and Casualty Insurance and business process services (BPS) client of Seibels. Prior to Gulfstream, Mr. Gipson served as CFO of Enumclaw Insurance Group. Mr. Gipson also worked at Farmers Insurance and 20th Century Insurance Company.

Personalis, Inc. [MENLO PARK, CA] announced the appointment of Aaron Tachibana as Chief Financial Officer. Most recently, Mr. Tachibana served as Chief Financial Officer of Lumentum Holdings Inc. and led the finance organization following Lumentum’s spin out from JDS Uniphase Corp. Prior to joining Lumentum, Mr. Tachibana was Vice President of Finance at JDS Uniphase (which changed its name to Viavi Solutions Inc. in connection with the spin out of Lumentum).

Alcon [FORT WORTH, TX], a division of Novartis, announced that Timothy C. Stonesifer will join the company as its new Senior Vice President and Chief Financial Officer (CFO), in conjunction with the company’s April 9 spinoff from Novartis. David Murray, Alcon’s current CFO, has decided for family reasons to return to Europe and remain with Novartis, where he has served in various finance leadership roles since 2001. Tim was most recently with Hewlett Packard Enterprises (HPE), where he served as Executive Vice President and CFO. Prior to his time at HPE, Tim spent 3 years in Shanghai, China, as the CFO of General Motors International Operations and also spent 18 years at General Electric in a variety of finance roles.

Vertex Pharmaceuticals Incorporated [BOSTON, MA] (NASDAQ: VRTX) announced the appointment of Charles (Charlie) Wagner as Executive Vice President and Chief Financial Officer (CFO). Wagner replaces interim CFO, Paul Silva, who will continue in his role as Corporate Controller. Wagner joins Vertex from Ortho Clinical Diagnostics, Inc., where he served as CFO and EVP, Finance. Prior to this, Wagner served as CFO for publicly- traded Bruker Corporation, Progress Software Corporation and Millipore Corporation. In addition to his corporate finance roles, Mr. Wagner served as an advisor at Bain & Company and Coopers & Lybrand.

Akoya Biosciences, Inc. [MENLO PARK, CA] announced the appointment of Joseph Driscoll as Chief Financial Officer. Driscoll most recently served as CFO at Quanterix Corporation. He also served as CFO at several other public and private companies, including Verscend, Inc., PC Connection, Inc., Summer Infant, Inc., ACT Electronics, Inc., and Safety 1st, Inc. In addition, Mr. Driscoll held senior management positions at Staples, Inc., and he started his career as an Audit Manager of KPMG Peat Marwick.

C.H. Robinson Worldwide, Inc. [EDEN PRAIRIE, MN] (NASDAQ: CHRW) announced that Scott Hagen, Corporate Controller, will also serve as Interim Chief Financial Officer.

Ellen Taggart

The Church Pension Group (CPG) [NEW YORK, NY] announced the appointment of Ellen Taggart as Executive Vice President, Chief Financial Officer (CFO), and Treasurer. She replaces former CFO Dan Kasle, who retired after 17 years of service to CPG. Prior to her appointment, Ms. Taggart served as Senior Vice President, Strategic Planning and Project Management of CPG. Before CPG, she served as a Senior Vice President of Finance and CFO at Dun & Bradstreet, where she worked for 17 years.

Elena Ridloff

ACADIA Pharmaceuticals Inc. [SAN DIEGO, CA] (NASDAQ: ACAD) announced the promotion of Elena Ridloff to Executive Vice President, Chief Financial Officer. Ms. Ridloff joined ACADIA Pharmaceuticals in April 2018 as Senior Vice President, Investor Relations and has served as the company’s Interim Chief Financial Officer since October 2018. Prior to joining ACADIA, she was Vice President, Investor Relations at Alexion Pharmaceuticals and served as a member of the Operating Committee. Additionally, Ms. Ridloff was Chief Executive Officer and Managing Member of BIOVISIO. She was also a Managing Director at Maverick Capital.

Qualcomm Incorporated [SAN DIEGO, CA] (NASDAQ: QCOM) announced that George Davis has decided to leave the company after a six-year tenure, during which he served as CFO and was a member of Qualcomm’s Executive Committee. The company appointed David Wise, SVP and Treasurer, as interim CFO during the search for a permanent replacement. Wise joined Qualcomm in 1997 and has held a variety of roles in Finance, and Corporate Development and Strategy since that time. He has been part of the senior finance leadership team for more than 12 years. Wise is currently Senior Vice President and Treasurer. Previously, Wise led Strategy and Corporate Development for Qualcomm’s non-semiconductor businesses and ran Corporate Finance for several years overseeing Qualcomm’s overall financial planning and analysis.

Alexander & Baldwin [HONOLULU, HI] (NYSE: ALEX) named Brett A. Brown as executive vice president and chief financial officer, effective May 8. Brown will succeed Diana Laing, who will continue as interim chief financial officer through May 7. Brown comes to A&B from PREP Property Group, where he currently serves as chief financial officer and treasurer. Prior to that, Brown served as executive vice president, chief financial officer and treasurer for IRC Retail Centers/Inland Real Estate Corporation. He also held financial and executive leadership positions with Great Lakes REIT and its predecessor, Equity Partners Ltd.

FGL Holdings [DES MOINES, Iowa] (NYSE: FG) announced that Dennis Vigneau, the Company’s Chief Financial Officer (CFO), has decided to retire from F&G at the end of 2019.

Ashoka Achuthan

Karma Automotive [COSTA MESA, CA] announced Ashoka Achuthan as Chief Financial Officer (CFO). Achuthan comes to Karma from Westport Fuel Systems Inc., where he was CFO and a senior advisor since 2013. Prior to Westport, Achuthan spent 23 years at Siemens AG in Asia, Europe and North America, where his last position was Executive Vice President and Chief Financial Officer. He served in similar CFO roles at Cooper Industries Inc., ATC Technology Corp., and Coda Automotive.

John Schubert

Ontario International Airport Authority  [ONTARIO, CA] named John M. Schubert chief financial officer. Schubert had been senior director of finance for the Tucson Airport Authority for the past decade.

ORBCOMM Inc. [ROCHELLE PARK, NJ] (NASDAQ: ORBC) announced the promotion of Dean Milcos to Executive Vice President and Chief Financial Officer, upon the resignation of Mike Ford, who previously held that position. Milcos joined ORBCOMM in 2013 and most recently served as ORBCOMM’s Senior Vice President and Chief Accounting Officer since 2013 and Interim Chief Financial Officer from May to September 2018. Prior to joining ORBCOMM, Mr. Milcos served in various accounting roles at Medco Health Solutions, most recently serving as Vice President, SEC Reporting, Technical Accounting and Controls from 2008 to 2013.

Teradyne, Inc. [NORTH READING, MA] (NASDAQ: TER) announced that Sanjay Mehta will join the company on April 25, 2019 as Vice President and Chief Financial Officer, replacing Gregory Beecher who announced his planned retirement earlier this year. Mehta joins Teradyne from Qualcomm where he served in senior financial and leadership roles in Qualcomm’s semiconductor group (QCT), including segment Chief Financial Officer from 2010 to 2015. Most recently, he was Senior Vice President and General Manager of the Compute and XR Business from 2018 and President of QCT China from 2016 to 2018. Prior to joining Qualcomm in 2004, he held several progressive finance and marketing roles at Nortel Networks. Mr. Mehta started his career in 1992 at Price Waterhouse Canada and qualified as a Chartered Accountant in 1995.

SP Plus Corporation [CHICAGO, IL] (NASDAQ: SP) announced that Vance Johnston, Chief Financial Officer, will be leaving the company, effective April 18, 2019, to pursue another opportunity. Kristopher Roy, the Company’s Senior Vice President and Corporate Controller, will serve as interim Chief Financial Officer and principal financial officer of the Company. Mr. Roy will continue to serve as the Company’s principal accounting officer. Roy joined the Company in 2013 as the Company’s Vice President, Assistant Controller and has served as the Company’s Vice President and Corporate Controller from August 2014 to July 2015. Prior to that, Mr. Roy was the Global Director of Accounting, Consolidation and Financial Systems at CNH Industrial N.V. and its predecessor. Prior to that, Mr. Roy spent 12 years with Ernst & Young, LLP.

Michelle Romano

VendEngine [BRENTWOOD, TN] announced the addition of Michelle Romano as chief financial officer. Prior to joining VendEngine, Romano was a tax accountant at Davis, Brown and Company.

Financial Institutions, Inc. [WARSAW, NY] (NASDAQ: FISI), parent company of Five Star Bank, SDN Insurance Agency, LLC, Courier Capital, LLC, and HNP Capital, LLC, announced that Justin K. Bigham was named Executive Vice President, Chief Financial Officer and Treasurer. Kevin B. Klotzbach, former Chief Financial Officer and Treasurer for the Company, was named Executive Vice President, Senior Financial Advisor. Mr. Klotzbach will remain with the Company through December 31, 2019, to ensure a successful transition.

Generation Next Franchise Brands [SAN DIEGO, CA] (OTCQB: VEND) announced Ryan Polk as Chief Financial Officer and Chief Operating Officer of the Company. Polk began working for Generation Next as a consultant in early January. Polk replaces Art Budman as CFO who is leaving the Company. Before joining the Company, Polk served as the CFO and COO of Cellpoint Corporation. The previous six years, he filled executive roles in the portfolio companies owned by LDI, a family office based in Indianapolis. Polk also served as the Vice President Corporate FP&A for Brightpoint, prior to its sale to Ingram Micro.

Jason Wessling

Pacific West Bank [WEST LINN, ORE.] (OTCPK: PWBO) announced today that Jason Wessling has joined Pacific West Bank as its Chief Financial Officer. Mr Wessling’s recent executive role was serving as Chief Financial Officer of Premier Community Bank in Hillsboro, Oregon. Prior experience includes three years at Moss Adams, a regional accounting firm. Prior to Moss Adams, Mr. Wessling spent eight years at both a large regional bank and a local community bank in the Portland metro market.

Jet Edge [VAN NUYS, CA] hired their new Chief Financial Officer, Michael Sanders. Sanders comes to Jet Edge from the consumer product and fashion industries. He started his career at Ernst & Young in their mergers and acquisitions division.

Robert J. Brehl

Stoneweg U.S. LLC [ST. PETERSBURG, FLA.] announced the promotion of Robert J. Brehl to Chief Financial Officer. Rob joined Stoneweg U.S., LLC in April 2018 as the Vice President of Finance. Rob began his career at a “Big Four” public accounting firm before joining a seniors housing owner/management company and then a real estate investment trust as a finance and accounting executive.

CFO Moves – week ending April 12, 2019

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CFO Moves this week include:

MACOM Technology Solutions Holdings, Inc. Blueknight Energy Partners, L.P. Akili Interactive
GoGuardian Majesco Cognex Corporation
Graybar Allbridge Palladin Consumer Retail Partners, LLC
Global Knowledge Canterbury Park Holding Corporation Ostrow Reisin Berk & Abrams, Ltd. (ORBA)
Silver Bullet Water Treatment Alico, Inc. Hallmark Financial Services, Inc.
PinnacleART Sportsman’s Warehouse Holdings, Inc. Unifi Software Inc
CPS Technologies Corp. C&A Industries Inc. Curion Insights
BackOffice Associates Aceable Plus Products Inc.
Ventura Foods Anritsu Corporation The Hennessey Group
Drexel Hamilton Grow Capital ClickBank
Owens-Illinois

Would you like to receive our weekly CFO Moves directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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MACOM Technology Solutions Holdings, Inc. [LOWELL, MA] (NASDAQ: MTSI) announced that Robert McMullan, Senior Vice President and Chief Financial Officer (CFO), has submitted his resignation. The company also announced Conor Hegarty, Vice President of Financial Planning and Analysis has been appointed to the role of principal financial officer and principal accounting officer. Mr. Hegarty has been with MACOM for 22 years and has served as Vice President, Financial Planning and Analysis of MACOM, since August 2016. Previously, he served as Senior International Finance Director from March 2011 to August 2016.

Blueknight Energy Partners, L.P. [OKLAHOMA CITY, OK] (NASDAQ: BKEP, NASDAQ: BKEPP) named Andrew Woodward as the new Chief Financial Officer. Woodward will begin his new role on April 29. Prior to joining Blueknight Energy Partners, Woodward served as Vice President, Finance and Treasurer of Andeavor Logistics. Before his appointment, Woodward led investor relations for ANDX and started his career with Andeavor, now Marathon Petroleum. Woodward also served as Vice President at RBC Capital Markets within its energy investment banking group.

Santosh Shanbhag

Akili Interactive [IRVING, TX] announced the addition of Santosh Shanbhag as Chief Financial Officer. Prior to joining Akili, Shanbhag held senior finance leadership roles at Vertex Pharmaceuticals, most recently as Vice President and Head of International Finance and Accounting. Prior to Vertex, Shanbhag served in positions of increasing responsibility at Capgemini Consulting and Texas Instruments.

GoGuardian [EL SEGUNDO, CA] announced that Mike Jonas has joined its executive team as Chief Financial Officer (CFO). Jonas most recently served as the CFO of ThriftBooks. Prior to that position, Mr. Jonas was at Microsoft for 14 years where he held various senior financial and operational roles across the company in corporate finance and Microsoft Office and Bing business units.

Majesco [MORRISTOWN, NJ] (NASDAQ: MJCO) announced the appointment of Wayne Locke as Chief Financial Officer (CFO). Wayne joins the company from Capgemini, where he was responsible for financial and operational consulting services for insurance organizations. Prior to that he was the President of WEL Consulting LLC firm. Over the course of his career, he worked with companies including AIG, Deloitte Consulting, GE Capital, BNY and Swiss Re.

Cognex Corp. [NATICK, MA] (NASDAQ: CGNX) said its senior vice president of finance and administration and chief financial officer, John Curran, will resign, effective May 3.

Scott Clifford

Graybar [CLAYTON, MO] announced the appointment of Randall R. Harwood to Senior Vice President and Chief Strategy Officer and Scott S. Clifford to Senior Vice President and Chief Financial Officer, effective June 1, 2019. Harwood currently serves as Graybar’s Senior Vice President and Chief Financial Officer, a position he has held since 2013. Harwood has more than 40 years with Graybar and has a strong track record of leadership in both field and corporate executive roles. Clifford currently serves as Senior Vice President – Supply Chain Management, a position he has held since 2015. In his 25 years with Graybar, Clifford has successfully held senior leadership roles in finance, IT, strategy and supply chain management. As he moves into his new position as Chief Financial Officer, he will continue to lead Graybar’s IT and supply chain organizations. Both Harwood and Clifford also serve on Graybar’s board of directors.

Allbridge [RALEIGH, NC] announced that Mike Schaffer has joined as Chief Financial Officer (CFO). Most recently, Schaffer was the CFO for SICOM Systems, Inc. Prior to SICOM, Schaffer held multiple executive level positions including CFO for Scala; CFO and Founder of Annexus Mobile Solutions; and Sr. Vice President for GE Capital.

Palladin Consumer Retail Partners [BOSTON, MA] announced the recent hire of a new Chief Financial Officer & Chief Compliance Officer, Mary Courtney-O’Sullivan. John Lawrence has transitioned from CFO & CCO to Finance Partner. Most recently, Mary was Vice President of Finance and Assistant Treasurer at Advent International. Prior to Advent, Mary worked at The Bank of New York Mellon and PriceWaterhouseCoopers.

Global Knowledge [CARY, NC] appointed William Garrett as executive vice president and chief financial officer. Garrett joins Global Knowledge from his most recent position as CFO with Hybrid Enterprises.

Canterbury Park Holding Corporation [SHAKOPEE, MN] (NASDAQ: CPHC) announced that Robert M. Wolf has resigned as the Company’s Chief Financial Officer and Senior Vice President of Finance, effective April 19, 2019, to accept a position at NXC Imaging. Canterbury Park Chief Executive Officer and President Randy Sampson will serve as Interim CFO until a successor is found.

Cara Sample

Ostrow Reisin Berk & Abrams, Ltd. (ORBA) [CHICAGO, IL] announced the appointment of Cara Sample as Chief Financial Officer. She has more than 14 years of experience in both public and corporate accounting.

Silver Bullet Water Treatment [DENVER, CO], LLC announced that it has chosen Bradley “Brad” Walsh as the organization’s chief executive officer and board member. Brad previously served as Silver Bullet’s chief operating officer and chief financial officer. Brad joined Silver Bullet Water Treatment in January 2016. He started his career in 1993 and has worked for multiple Fortune 500 companies.

Alico, Inc. [FORT MYERS, FL] (NASDAQ: ALCO) Effective July 1, 2019, John E. Kiernan, who has served as Alico’s Chief Financial Officer for the last four years, will become Chief Executive Officer. Richard Rallo, who has served as Alico’s Chief Accounting Officer for the last two years, will succeed Mr. Kiernan as Chief Financial Officer. Before joining Alico, Mr. Kiernan was the CFO of Greenwich Associates, and held senior roles with Global Crossing, Misys plc, IBM and Bear Stearns. Mr. Rallo was previously employed as COO and CFO at American Medical Alert Corp., CFO at Tradewell, Inc., and Controller at Connoisseur Communications Partners LP.

Hallmark Financial Services, Inc. [FORT WORTH, TX] (NASDAQ: HALL) announced the appointment of Jeffrey Passmore as Chief Financial Officer. Passmore was promoted from his most recent position as Chief Accounting Officer for Hallmark Financial. He joined the company in 2002 and brings over 25 years of experience in finance and accounting leadership in the insurance industry.

PinnacleART [PASADENA, TX] announced the appointment of Andrew Susman as Chief Financial Officer (CFO). Prior to joining PinnacleART, Susman served as Vice President Upstream Financial Planning & Analysis at BP Upstream. Susman has over 18 years of experience in the energy sector and has held a variety of finance roles, including Deepwater Area Planning & Commercial Manager; Director, Portfolio Upstream; and E&P Portfolio Advisor.

Robert Julian

Sportsman’s Warehouse Holdings, Inc. [MIDVALE, UT] (NASDAQ: SPWH) announced the appointment of Robert K. Julian as Chief Financial Officer (“CFO”), effective April 24, 2019. Kevan Talbot will continue to serve as Chief Financial Officer until the effective date of Mr. Julian’s appointment and will then assist in the transition of responsibilities to Mr. Julian until a date to be determined between Mr. Talbot and the Company. Julian most recently served as Executive Vice President, Chief Financial Officer and Treasurer for Deluxe Entertainment Services Group from July 2017 to June 2018. Prior to that, Mr. Julian served as Senior Vice President and Chief Financial Officer for Callaway Golf Company from May 2015 to April 2017, and as Executive Vice President and Chief Financial Officer for Lydall Inc. from October 2012 to May 2015. Previously in his career, Julian held senior financial roles at Rockwell International, Honeywell, Cisco Systems, and Fisher Scientific.

Unifi Software [SAN MATEO, CA] announced that Intekhab Nazeer has joined as Chief Financial Officer. Prior to joining Unifi, Nazeer was the COO and CFO at Tribal Planet. Nazeer started his career with HCL group. He served as global finance head for Solix Group before holding leadership positions at Platfora (acquired by Workday), Greenplum (acquired by EMC), Appcelerator (acquired by Axway) and Pelikan Technologies.

CPS Technologies Corporation [NORTON, MA] (NASDAQ: CPSH) announced that Charles K. Griffith Jr. will be joining CPS as Chief Financial Officer upon the retirement of Ralph Norwood. Griffith’s appointment as CFO will be effective May 6, 2019. Griffith was most recently the CFO of SPRI Clinical Trials Global, LLC. Prior to joining SPRI, Mr. Griffith was the Vice President-Finance at Vertex Distribution (previously known as Pawtucket Fasteners and Bell Fasteners). He was at Vertex for 27 years.

Mike Morgan

C&A Industries Inc. [OMAHA, NE] announced the hiring of Mike Morgan as Chief Financial Officer. Prior to joining C&A, he served as Sr. Vice President of Finance with West Corporation; Chief Financial Officer with Streck; Chief Financial Officer with DRM, Inc.; and as Vice President of Finance with First Data. Morgan began his finance career with accounting firm Seim Johnson.

Curion Insights [CHICAGO, IL] announced that Mike Garibaldi has been named COO/CFO.

Melanie Payne

BackOffice Associates [SOUTH HARWICH, MA] announced that it has named Melanie Payne as its new Chief Financial Officer. In Payne’s most recent role, she served as Vice President of Strategy and Operations at Dell. Prior to this role, Payne served as Chief Audit Executive and as Senior Director of Global Services Operations and Strategy at EMC Corporation.

Justin Kvasnicka

Aceable [AUSTIN, TX] announced the hiring of Justin Kvasnicka as Chief Financial Officer. Prior to joining Aceable, Kvasnicka spent over five years at RetailMeNot, Inc. where he served as Vice President, Corporate & Business Development, as well as the CFO of the company’s Gift Card segment. He also worked at Capital Southwest Corporation, and at J.P. Morgan, where he was an Investment Banking Analyst.

Plus Products Inc. [SAN MATEO, CA] (“PLUS” or the “Company”) (CSE: PLUS) (OTCQB: PLPRF) announced that Jon Paul has been appointed as PLUS’ Chief Financial Officer. The Company also announces that Craig Heimark has resigned as the Chief Financial Officer and has been appointed as the Chief Strategy Officer, and will remain as Chairman, Secretary and a Director.

Ventura Foods [BREA, CA] announced that Erika Noonburg-Morgan joined the company as Chief Financial Officer on March 11. She joins Ventura Foods from Coca-Cola Beverages Florida. Noonburg-Morgan was a senior member of the leadership team responsible for starting the business and driving the organization’s financial, commercial and operations strategy.

Anritsu Corporation [MORGAN HILL, CA] announced that it has named Donn Mulder President and Chief Financial Officer of Anritsu Company, the United States subsidiary of Anritsu Corporation. Mulder succeeds Toru Wakinaga who held this position, as well as responsibility for the overall sales operations in the Anritsu Americas Sales Region, since September 2017. Mulder joined Anritsu as Product Marketing Manager in 1992, and has served as a Senior Vice President and General Manager of Anritsu Company since 2005.

The Hennessey Group [MIDLAND, TX] appointed Kayce Hyatt to the position of chief financial officer. Kayce joined The Hennessey Group in 2016 as the business manager. In 2017, Kayce became the vice president of operations until her recent promotion to chief financial officer.

Drexel Hamilton [NEW YORK, NY] announced Fred Schwark will be the new Chief Financial Officer. Most recently Fred served as the CFO at CRH Americas Materials.

Grow Capital [HENDERSON, NV] (OTCPK: GRWC) appointed Trevor Hall to serve as Chief Financial Officer (“CFO”) of the Company effective now through December 31, 2019. Hall succeeds Wayne Zallen, the Company’s current CFO, who welcomes Hall into the position and who will remain with the Company as Chairman of the Company’s Board of Directors. Hall has served as the Managing Partner of Hall & Associates since 2007.

ClickBank [BOISE, ID], announced Ryan Vestal as Chief Financial Officer. Vestal has nearly two decades of experience beginning with KPMG and moving into ascending roles with leading Boise-based companies including KTVB News Group, Bodybuilding.com and most recently as the CFO of Vacasa.

Owens-Illinois [PERRYSBURG, OH] (NYSE: OI) announced that John Haudrich has been appointed Senior Vice President and Chief Financial Officer, as Jan Bertsch has elected to step down and retire after serving as CFO since November 2015. Most recently, Haudrich served as Senior Vice President and Chief Strategy and Integration Officer at O-I.

CFO Moves – week ending April 19, 2019

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CFO Moves this week include:

Western Digital Corp. PRIDE Industries JPMorgan Chase & Co.
Pier 1 Imports, Inc. deepwatch, Inc. Ensysce Biosciences Inc.
KSQ Therapeutics One Madison Corporation J.Jill, Inc.
SunTrust Banks Inc. Georgia Power CenterPoint Energy, Inc.
Tweddle Group OpenWorks The Millennia Companies
The Hershey Company Funko, Inc. StoneMor Partners L.P.
InCloudCounsel CMI/Compas Unisys
Rennova Health, Inc

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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Western Digital Corp. [SAN JOSE, CA] (NASDAQ: WDC) announced the appointment of Robert Eulau as executive vice president and chief financial officer (CFO). Eulau will formally take over the CFO role from Mark Long on May 9, 2019, who will be leaving the company in June 2019. Eulau was most recently CEO at Sanmina Corporation where he previously served for eight years as CFO. Previously, Eulau held chief financial officer positions at Alien Technology Corporation and Rambus Incorporated, and held a number of financial leadership roles at Hewlett-Packard Company.

Everett Crane

PRIDE Industries [ROSEVILLE, CA] announced the appointment of Everett Crane as Chief Financial Officer. Everett Crane is succeeding Jeff Dern, who was promoted to President of PRIDE Industries in 2018. In his prior position, Crane served as the CFO of the Young Automotive Group in Layton, UT.

JPMorgan Chase & Co. [NEW YORK, NY] (NYSE:JPM) announced that Jennifer Piepszak, currently Chief Executive Officer of its Card Services business, will become Chief Financial Officer for the company and a member of its Operating Committee, effective May 1, 2019. Ms. Piepszak succeeds Marianne Lake, who will become Chief Executive Officer of Consumer Lending, which includes Card Services, Home Lending and Auto Finance. Prior to heading Card Services, Ms. Piepszak served as CEO of the firm’s Business Banking unit, and prior to that she held a variety of other senior roles, including CFO of Mortgage Banking and Controller of Mortgage Banking and Retail Financial Services. She joined JPMorgan Chase in 1994 and held a variety of roles in the Corporate & Investment Bank as well.

Pier 1 Imports, Inc. [FORT WORTH, TX] (NYSE: PIR) announced that Deborah Rieger-Paganis will assume the role of Interim Chief Financial Officer. Her appointment follows Nancy Walsh’s departure from the Company. Ms. Rieger-Paganis is employed as a managing director at global consulting firm AlixPartners, where she has served as both an advisor and interim Chief Financial Officer to a range of companies, including Aritzia, Toms Shoes, Harris Interactive and Cirque du Soleil. Earlier in her career, she served as senior vice president of financial planning and analysis at MasterCard and as vice president of finance at Ann Taylor.

deepwatch, Inc. [DENVER & ST. PETERSBURG, Fla.] announced that Ron Peele has joined as Chief Financial Officer (CFO). Peele was CFO at Revolution Health, AOL Greenhouse and EZ Communications. He held leadership roles at AOL/Time Warner Ventures and has served on the Boards of RedClinic, Surefire Local and InfuSystem. Reskusic was VP, Controller at Vivisimo which was acquired by IBM and more recently at Fidelis Cybersecurity. He also held finance leadership roles at Kastle Systems and RealNetworks.

Ensysce Biosciences Inc. [SAN DIEGO, CA] announced that Kurt Schmidt has been appointed as the Company’s Chief Financial Officer. Schmidt recently held positions at healthcare companies MDxHealth and Agendia where he was CFO.

Doug Pagan

KSQ Therapeutics [CAMBRIDGE, MA] announced the appointment of Douglas Pagán as Chief Financial Officer. Prior to joining KSQ, Mr. Pagán was Chief Financial Officer of Paratek Pharmaceuticals. Prior to Paratek, Mr. Pagán served as Vice President, Finance at Acceleron Pharma Inc. Prior to working at Acceleron, he served in strategic and financial management roles at Biogen Idec and Bristol-Myers Squibb. Previously, Mr. Pagán worked in healthcare investment banking at J.P. Morgan, as well as pharmaceutical operational roles at Johnson & Johnson.

One Madison Corporation [NEW YORK, NY] (NYSE: OMAD, OMAD.U, OMAD.WS) and Ranpak Corp. today announced the appointment of Trent Meyerhoefer as Senior Vice President and Chief Financial Officer (“CFO”), effective as of, and contingent on, the consummation of the business combination between One Madison and Ranpak, which is expected to occur in the second quarter of 2019. Meyerhoefer comes to the Company following a 24-year career at Eaton Corporation, where he served most recently as Senior Vice President and Treasurer. During his time at Eaton, Mr. Meyerhoefer also served as Vice President and Assistant Treasurer; Director, Capital Markets; Director, Corporate Planning; Director, Business Development; and Manager, Strategic Planning. Prior to joining Eaton, he was a Senior Consultant at Accenture Ltd. (then doing business as Andersen Consulting).

J.Jill, Inc. [QUINCY, MA] (NYSE: JILL) announced the appointment of Mark Webb as Executive Vice President, Chief Financial Officer, effective May 1, 2019. The company had previously announced that Chief Financial and Operating Officer Dave Biese will be leaving the company on April 30, 2019. Most recently, Mr. Webb was Senior Vice President, Chief Financial Planning & Analysis and Treasury Officer at Hudson’s Bay Company. He previously was with Gap, Inc. from 1995 through 2017 in multiple leadership roles including Senior Vice President, Chief Financial Officer, Gap Brand and Intermix.

SunTrust Banks Inc. [ATLANTA, GA] (STIS), said CFO Allison Dukes plans to resign following the closing of the bank’s planned merger with BB&T Corp. Ms. Dukes will remain in her current role until the merger is closed and will continue to have a key role in integration planning.

David Poroch

Georgia Power [ATLANTA, GA] appointed David Poroch as executive vice president, chief financial officer and treasurer. Poroch began his career with Southern Company in 2012 as vice president and chief audit executive for Southern Company Services. Most recently, he has served as Georgia Power vice president and comptroller since 2014. Prior to joining Southern Company, he was a partner with Deloitte & Touche LLP.

Xia Liu

CenterPoint Energy, Inc. [HOUSTON, TX] (NYSE: CNP) announced the appointment of Xia Liu as executive vice president and chief financial officer. Liu joins CenterPoint Energy from The Southern Company and its subsidiary companies where she held roles of increasing responsibility over the past 20 years. Most recently, Liu served as executive vice president, chief financial officer and treasurer of Georgia Power Company. Prior to this role, Liu was vice president, chief financial officer and treasurer for Gulf Power Company. She also served as senior vice president of finance and treasurer for Southern Company.

Archie Meyers

Tweddle Group [CLINTON TOWNSHIP, Mich.] named Archie Meyers new Chief Financial Officer (CFO). He previously served as CFO for Metal Powder Products, LLC and Revere Plastics Systems, LLC.

Bryan McMahon

OpenWorks [PHOENIX] welcomed Bryan McMahon as its new Chief Financial Officer.

 

Jim Brady

The Millenia Companies [CLEVELAND, OH] announced Jim Brady as chief financial officer (CFO). Brady is succeeding John W. McGinty, who is remaining with the organization. Most recently, Brady served as vice president of financial planning and analysis for Forest City Realty Trust and as chief financial officer of the residential and commercial group for Forest City Enterprises.

Steve Voskuil

The Hershey Company [HERSHEY, PA] (NYSE: HSY) announced the appointment of Steve Voskuil as Senior Vice President, Chief Financial Officer. Voskuil will join Hershey on May 13. Voskuil joins Hershey from Avanos Medical, where he has served as Chief Financial Officer since 2014. He previously served as a senior finance executive at Kimberly-Clark. Voskuil succeeds Patricia Little, who, as previously announced, will retire in May.

Funko, Inc. [EVERETT, WA] (NASDAQ: FNKO) announced that Russell Nickel, the Company’s Chief Financial Officer since 2013, intends to leave the Company at the end of 2019.

StoneMor Partners L.P. [TREVOSE, PA] (NYSE: STON), announced that Garry P. Herdler has been appointed Senior Vice-President and Chief Financial Officer. Mr. Herdler will succeed Mark Miller, who is retiring from the Partnership. Most recently, Herdler was the Chief Financial Officer of QuadReal Property Group. Prior to his CFO role at QuadReal, Mr. Herdler was a Senior Director in the Private Equity Performance Improvement Group of Alvarez & Marsal Consultants in New York. Previously, Mr. Herdler acted as a financial consultant and CFO for various private equity-owned companies, responsible for operational improvements, business integration and turnarounds. He also has nearly ten years of investment banking experience in leveraged finance and equities with Deutsche Bank Securities/Bankers Trust and CIBC World Markets, primarily in New York, where he completed transactions in several industries, including deathcare.

InCloudCounsel [SAN FRANCISCO, CA] announced the hire of Jeff Bohl as its Chief Financial Officer. Jeff joins InCloudCounsel from H.I.G. Capital, where he served as Managing Director. Prior to H.I.G. Capital, he worked as an investment banker in JPMorgan’s technology division.

CMI/Compas [KING OF PRUSSIA, PA], part of WPP (NYSE: WPP) announced that John Donovan, has been promoted to President, Compas. He was formerly Chief Financial Officer. James Woodland has been appointed Chief Strategy and Financial Officer. He was formerly Chief Operating Officer.

Unisys Corporation [BLUE BELL, PA] (NYSE: UIS) announced that Chief Financial Officer (CFO) Inder M. Singh has decided to resign from the company effective April 26 to serve as CFO with another company. Unisys has appointed Mike Thomson, corporate controller and principal accounting officer, as interim CFO. Thomson joined Unisys in December 2015. Prior to joining Unisys, Thomson served as principal accounting officer and controller of Towers Watson & Company, and has worked in various accounting and financial reporting roles for more than 25 years across a diverse set of business operations.

Rennova Health, Inc. [WEST PALM BEACH, FL] (OTC: RNVA, RNVAW) announced that it has appointed Jonathan Immordino to the position of Chief Financial Officer (CFO). Immordino has held senior level healthcare executive roles in finance and operations for the past 20 years in both public and privately held companies, including seven years as Chief Financial Officer at Saint John’s Episcopal Hospital, NY. Prior to his appointment with Rennova, Mr. Immordino was interim CFO at MRI Network/Susan B. Allen Memorial Hospital.

CFO Moves – week ending April 27, 2019

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CFO Moves this week include:

Hibbett Sports, Inc. OneMain Holdings, Inc. Gordian
PTC Imperva, Inc. Park West Gallery
Performance Trust Capital Partners Bitvore Insurance Auto Auctions, Inc.
VITAS Healthcare Kraton Corporation Private Bancorp of America, Inc.
VIQ Solutions Inc. Adverum Biotechnologies, Inc. Jobcase
Veritas Farms, Inc. Sunstates Security Travelex
Cipherloc American Jewish University Skyn ICELAND

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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Hibbett Sports, Inc. [BIRMINGHAM, Alabama] (NASDAQ/GS: HIBB) announced that Christine Skold is temporarily joining the Company as Interim Chief Financial Officer effective April 26, 2019, succeeding Scott Bowman, whose resignation was announced previously. Skold served 15 years with retail company Tractor Supply Company, holding several progressive positions in accounting. She additionally held the positions of Vice President Internal Audit and Vice President Strategy and Continuous Improvement, with her final position at Tractor Supply Company being Vice President, Investor Relations and Corporate Communications. Previously, Ms. Skold was Assistant Controller at Moll Industries and worked eight years at Arthur Andersen, LLP.

OneMain Holdings, Inc. [NEW YORK] (NYSE: OMF) announced the appointment of Micah Conrad as the company’s Chief Financial Officer (CFO). Conrad previously served as the company’s Acting CFO. Before being appointed Acting CFO last month, Conrad served as OneMain’s Deputy CFO after Springleaf’s acquisition of OneMain Financial from Citigroup in 2015. Conrad was CFO of OneMain before the acquisition. Prior to his time at OneMain, Conrad was a managing director at Citigroup and served in a variety of senior finance roles within Citi Holdings, Global Wealth Management and Institutional Clients Group.

Gordian [GREENVILLE, SC] announced that Kate Morgan joined Gordian’s Executive Team as Chief Financial Officer. Kate joins Gordian after serving as the Vice President of Finance at Veeder-Root, a sister company also owned by Fortive. Prior to joining the Fortive family, Kate held a variety of finance positions at Eaton and the UTC/Carrier Corporation.

PTC [BOSTON, Massachusetts] (NASDAQ: PTC) announced the appointment of Kristian Talvitie as Executive Vice President and Chief Financial Officer (CFO), effective May 15, 2019. Talvitie previously worked at PTC from 2008 to 2016. From 2002 to 2008, Talvitie worked at electronics contract manufacturer Plexus in roles as market sector vice president, leading sales and business development, and vice president of corporate marketing. He joined PTC in 2008 and served in various executive finance roles. He left PTC in 2016 to become CFO at SaaS and subscription company Sovos, and in 2018 joined software company Syncsort as CFO. Talvitie replaces Andrew Miller, who announced in January 2019 his intention to retire by the end of fiscal 2019.

Imperva, Inc. [REDWOOD SHORES, California] announced the appointment of Jim Dildine as chief financial officer. Prior to joining Imperva, he held key financial leadership roles at Blue Coat Systems and Symantec’s Enterprise Security division, where he served for the past two and a half years.

Performance Trust Capital Partners, LLC [CHICAGO, Illinois] announced that Jason Carver joined as Chief Financial Officer. Most recently, he served as Vice President and Chief Financial Officer for the Global Trading division of FIS.

Bill Ruehle

Bitvore [IRVINE, California] announced it has named Bill Ruehle as CFO. Ruehle became CFO of Silicon Valley-based SynOptics Communications led the merger with Wellfleet that created Bay Networks. Following that, he joined Broadcom Corporation. Since leaving Broadcom, Ruehle has worked with a number of tech companies through his own advisory business. Most recently, he was CFO of ClariPhy through its successful sale to Inphi Corporation. Since that transaction he has been a member of the Board of Inphi.

Insurance Auto Auctions, Inc. (IAA), [WESTCHESTER, Illinois] a business unit of KAR Auction Services (NYSE: KAR), announced the appointment of Vance Johnston as chief financial officer. Most recently, Johnston served as chief financial officer for SP Plus Corporation. Prior to SP Plus, Johnston was chief financial officer for Furniture Brands International and held various positions at leading companies, such as Miami Jewish Health Systems, Royal Caribbean International, Burger King and OfficeMax. He started his career at Ernst & Young in the firm’s audit division.

VITAS® Healthcare [MIAMI, Florida] appointed Jeffrey M. Kreger as executive vice president (EVP) and chief financial officer (CFO). Kreger succeeds President and CFO David Wester who announced his retirement in early 2019 after a 22-year career at VITAS.

Kraton Corporation [HOUSTON, Texas] (NYSE: KRA) announced that it has appointed Atanas H. Atanasov to serve as the Company’s Senior Vice President and Chief Financial Officer, effective May 6, 2019. Mr. Atanasov will assume the Chief Financial Officer role from Christopher H. Russell, the Company’s Chief Accounting Officer, who has also served as Interim Chief Financial Officer since November 2018. Atanasov most recently served as a Chief Financial Officer of Empire Petroleum Partners, LLC. Prior to joining Empire Petroleum Partners LLC in 2016, he served as Executive Vice President, Chief Financial Officer and Treasurer of NGL Energy Partners. Mr. Atanasov also spent nine years with GE Capital in various finance roles of increasing responsibility.

Private Bancorp of America, Inc. [LA JOLLA, California] (OTCQX: PBAM) announced that Richard Pimentel will become the Chief Financial Officer of CalPrivate Bank effective May 1, 2019.

VIQ Solutions Inc. [PHOENIX, Arizona] (TSX-V: VQS) announced the appointment of Alexie Edwards as Chief Financial Officer, following the upcoming retirement of George Kempff. For the past six years he was Vice President Finance at Jonas Software. Jonas Software is one of the largest software divisions of Constellation Software.

Adverum Biotechnologies, Inc. [MENLO PARK, California] (NASDAQ: ADVM) announced the appointment of Thomas Leung as chief financial officer. Leung was most recently vice president, business operations at Counsyl, which was recently acquired by Myriad Genetics. Previously, he was a vice president at TPG Capital in San Francisco and Hong Kong. Leung began his career in investment banking at Morgan Stanley.

Beth Clymer

Jobcase [BOSTON, Massachusetts] announced the appointment of Beth Clymer as the company’s Chief Financial Officer effective May 2019. Clymer was most recently an Operating Partner at Bain Capital Private Equity. Prior to joining Bain Capital Private Equity, Clymber was a consultant at the Parthenon Group.

Veritas Farms, Inc. [FORT LAUDERDALE, Florida] (OTCQB: VFRM) announced the appointment of Michael D. Pelletier as its Chief Financial Officer. Pelletier was most recently Chief Financial Officer of Inter-Continental Cigar Corp. (ICCC) for over 20 years, from 1997 until joining the Company. Prior to his long career in the cigar industry, Mr. Pelletier held other senior accounting and finance roles, including Assistant Controller of Gold Coast Media, from 1995 to 1997, and Controller – Southeast of Hunter Douglas, Inc., from 1990 to 1995. Earlier in his career, Mr. Pelletier spent more than 4 years with Pelletier & Veal CPA’s.

CBRE Group, Inc. [LOS ANGELES, CA], (NYSE: CBRE) announced that Leah C. Stearns will join the company as Chief Financial Officer (CFO). Ms. Stearns, who assumes her new role on May 15, was previously Senior Vice President and CFO for American Tower Corporation’s U.S. division. Stearns’ appointment enables Jim Groch to focus full time on his responsibilities as the company’s Global Group President and Chief Investment Officer. Stearns also previously served as Chief Executive Officer of American Tower’s EMEA division. American Tower.

Robert Thurman

Sunstates Security [RALEIGH, North Carolina] announced the promotion of Robert Thurman from Vice President of Finance to Chief Financial Officer (CFO).

TRAVELEX [LOS ANGELES, CA] announced the hiring of Subodh Karnad to the North American management team as Chief Financial Officer. Most recently he was the CFO for Nokia’s emerging consumer product business unit. Prior to Nokia, Subodh led Finance for PayPal’s Global Product and Technology function. Prior to PayPal, Subodh was Vice President of Finance at VISA, this after spending several years in his early career across various finance roles at PayPal and Wells Fargo.

Cipherloc Corporation [AUSTIN, TX] (OTCQB: CLOK) announced the appointment of James Sullivan as Chief Financial Officer. Sullivan previously served as CFO of two Nasdaq-listed companies: MoSys Inc. and 8×8, Inc. He also served as CFO of Apptera, Inc.

American Jewish University [LOS ANGELES, CA] announced the appointment of Adrian Breitfeld as the university’s next Vice President of Finance and Administration/Chief Financial Officer effective June 1st. Breitfeld is currently the Chief Financial Officer of the Jewish Community Center of San Francisco. During his career, Breitfeld also held the position of Controller at the Jewish Community Federation of San Francisco, the Peninsula, Marin and Sonoma Counties, as well as a five-year stint as Controller of Jewish Family Service of Greater Los Angeles. Breitfeld will succeed Zofia Yalovsky who is retiring after 22 years of service to AJU as Executive Vice President and Chief Financial, Administration and Technology Officer.

Skyn ICELAND [NEW YORK] announced the appointment of Linda Esposito to the position of Chief Financial Officer (CFO). Esposito’s most recent roles were Senior Vice President Finance at L’Oréal Paris and Chief Financial Officer of Kiehl’s. Prior to her role at L’Oréal Paris, Ms. Esposito was the SVP, Finance at IT Cosmetics.

CFO Moves – week ending May 3, 2019

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CFO Moves this week include:

Kellogg Co. Synchrony Financial RLI Corp.
ServiceNow, Inc. Splunk Inc. American Water Works Company, Inc.
Cherwell Software, LLC Repare Therapeutics Inc. Gilead Sciences, Inc.
Netsmart Inscripta MSCI Inc.
Trinseo Arm Kindbody
PicMonkey Ryan Companies US, Inc. Consolidated Container Company
Ramaco Resources, Inc. Kewaunee Scientific Corporation Immunic, Inc.
Keweenaw Land Association Ltd. Assembly Biosciences, Inc. Stericycle, Inc.
Premera Blue Cross Landstar, Inc. Globe Photos, Inc.
OG DNA Genetics Inc. Veracode Applied Therapeutics
ORIS Intelligence ABLE Equipment Rental Inc. Mobicard, Inc.
Freightcar America, Inc. Allegiant Talos Energy Inc.
B-Stock Shenandoah Telecommunications Company Twinlab Consolidated Holdings, Inc.

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NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Kellogg Co. [BATTLE CREEK, MI] (NYSE: K) announced that its Chief Financial Officer, Fareed Khan, is leaving the Company on July 1. He will be succeeded by Amit Banati, who is currently President, Kellogg Asia Pacific, Africa & Middle East (“AMEA”). Banati joined Kellogg in March, 2012, as President Asia Pacific, and his responsibilities expanded into the broader AMEA region in July, 2018. Prior to Kellogg, he began his career in finance at Procter & Gamble, before moving to Cadbury Schweppes, where he was the chief financial officer of Cadbury Schweppes Asia Pacific. Thereafter, he served in a variety of general management roles at Cadbury Schweppes, Kraft Foods and Mondelez.

Synchrony Financial [STAMFORD, CT] (NYSE: SYF) announced that Brian Doubles has been promoted to from CFO to President. Brian Wenzel, Synchrony’s Deputy Chief Financial Officer, was promoted to succeed Doubles as Synchrony’s Chief Financial Officer. Doubles is a 21-year veteran of Synchrony (which includes the period prior to its separation from GE in 2014) and has served as Chief Financial Officer since 2009.

RLI Corp. [PEORIA, IL] (NYSE: RLI) announced the planned retirement of Senior Vice President & Chief Financial Officer, Thomas L. Brown, on July 1, 2019, after eight years of service with the company. Todd W. Bryant, Vice President, Finance & Controller, has been promoted to Chief Financial Officer and will succeed Brown when he retires in July. Bryant joined RLI in 1993 and held various positions in the accounting department before becoming Vice President, Finance & Controller in 2009. Prior to joining RLI, Bryant worked at Arthur Andersen & Co. He brings 25 years of insurance industry experience to his new role.

ServiceNow [SANTA CLARA, CA] (NYSE: NOW) announced that Chief Financial Officer Mike Scarpelli plans to leave the company in the third quarter of 2019, following the release of the company’s second quarter earnings.

Jason Child

Splunk Inc. [SAN FRANCISCO, CA] (NASDAQ: SPLK) announced it has appointed Jason Child as senior vice president and chief financial officer (CFO). Child will succeed Dave Conte, who announced his retirement in November 2018 after more than eight years as CFO at Splunk. Child has served as CFO at Opendoor since 2017. He previously served as CFO at Jawbone from 2015 to 2016; and CFO at Groupon, Inc. from 2010 to 2015. Child also helped Amazon scale the global finance team in a variety of leadership roles around the world from 1999 to 2010.

American Water Works Company, Inc. [CAMDEN, NJ] (NYSE: AWK) announced that executive vice president and chief financial officer Linda Sullivan plans to retire on August 1. Susan Hardwick will join the company on June 3 and will succeed Sullivan as CFO on July 1, ensuring an orderly transition of the position. Hardwick will join the company on June 3 and become CFO on July 1. Most recently, Hardwick served as executive vice president and chief financial officer of Vectren, which was recently sold to CenterPoint Energy.

Gary Golden

Cherwell Software, LLC [COLORADO SPRINGS, CO] announced that Gary Golden has been appointed Chief Financial Officer (CFO.) Golden joins Cherwell after serving as CFO of Bottle Rocket. Prior to Bottle Rocket, Golden had other CFO roles, including for Westec Intelligent Surveillance and for Sabre’s European region. He has also held senior leadership positions in corporate development, administration, business operations and law.

Repare Therapeutics Inc. [CAMBRIDGE, MA] announced that it appointed Katina Dorton as Executive Vice President and Chief Financial Officer. Prior to joining Repare, Ms. Dorton was Chief Financial Officer of Avrobio. Prior to Avro, Katina was Chief Financial Officer of Immatics Biotechnologies. Katina was a Managing Director at Morgan Stanley and a Managing Director at Needham & Co. She practiced law as an M&A and securities law attorney at Sullivan & Cromwell prior to her investment banking career. Katina currently serves as Lead Director at US Ecology.

Gilead Sciences, Inc. [FOSTER CITY, CA] (NASDAQ: GILD) announced that Robin Washington, Executive Vice President (EVP) and Chief Financial Officer (CFO), plans to retire from her role, effective March 1, 2020. Ms. Washington will continue as EVP and CFO while the company works to identify a successor. Should a CFO be named before March 1, 2020, Ms. Washington has agreed to remain in an advisory capacity through the completion of the company’s reporting of 2019 financial results to ensure a smooth transition.

Netsmart [OVERLAND PARK, KS] announced that Kevin Kaufman has been promoted to Chief Financial Officer (CFO) following the retirement of current CFO Tony Ritz. Kaufman, who previously served as Chief Business Officer, has worked closely with Ritz for the last several years. Ritz will continue to serve as a strategic advisor to the company and ensure a successful transition.

Inscripta [BOULDER, CO] announced the appointment of Ron McGrath as Chief Financial Officer. Before joining Inscripta, Mr. McGrath held a variety of leadership roles during his 13 years at Illumina, Inc. Before joining Illumina, he held financial leadership roles at Memec, LLC, and dj Orthopedics, LLC.

Linda S. Huber

MSCI Inc. [NEW YORK, NY] (NYSE: MSCI) announced that Linda S. Huber has been appointed Chief Financial Officer and Treasurer and will become a member of MSCI’s Executive Committee, effective May 6, 2019. Andrew C. Wiechmann, who has been serving as the Company’s Interim Chief Financial Officer and Treasurer, will assume the newly-created position of Chief Strategy Officer. Huber previously served as the Executive Vice President and Chief Financial Officer of Moody’s Corporation from May 2005 to June 2018. Prior to joining Moody’s, she served in several increasingly senior roles in financial services, having served as Executive Vice President and Chief Financial Officer at U.S. Trust Company, a subsidiary of Charles Schwab & Company, Inc.; Managing Director at Freeman & Co.; Vice President of Corporate Strategy and Development and Assistant Treasurer at PepsiCo.; Vice President of the Energy Investment Banking Group at Bankers Trust Co.; and an Associate in the Natural Resources Group at The First Boston Corp. She also held the rank of Captain in the U.S. Army, where she served from 1980 to 1984.

David Stasse

Trinseo [BERWYN, PA] (NYSE: TSE) named David Stasse as Executive Vice President and Chief Financial Officer of the Company, effective July 1. He also will join the Executive Leadership Team. Stasse will replace Barry Niziolek, EVP and CFO, who earlier this year announced his plans to retire, which also will be effective July 1. Stasse joined Trinseo in 2013 from Freescale Semiconductor Inc. (Nasdaq: NXPI), where he served as Vice President and Treasurer 2008-2013 and previously Assistant Treasurer from 2006. Stasse previously served as First Vice President, Debt Capital Markets, at MBNA Corporation, and as Treasury Manager of SPX Corporation (NYSE: SPW). He held numerous financial leadership positions from 1998 to 2004 at Honeywell International (NYSE: HON), last serving as Director of Corporate Finance.

Arm [CAMBRIDGE, MA] announced the appointment of Inder M. Singh as executive vice president and chief financial officer (CFO). Singh joins Arm from Unisys, which he joined in March 2016 and served as senior vice president and CFO. Prior to Unisys, Singh was managing director, technology, media and communications at SunTrust Bank. Singh also held financial leadership roles at Comcast Corporation, Cisco Systems and AT&T/Lucent Technologies and has a decade of experience as an equity analyst.

Kindbody [NEW YORK, NY] announced that Debbie Markowitz joined as Chief Financial Officer. Markowitz most recently served as Chief Financial Officer of leading direct-to-consumer fintech company Acorns and has worked previously in the same role at Exhale Spa.

PicMonkey [SEATTLE, WA] announced it has appointed Pearl Chan as chief financial officer. Pearl’s background includes senior finance roles at NetMotion Software, Cheezburger, Isilon Systems, Metawave, PhyCom and Sierra On-Line.

Lisa Kro

Ryan Companies US, Inc. [MINNEAPOLIS, MN] announced that they have named Lisa Kro Chief Financial and Administrative Officer (CAO/CFO). Kro will fill the CAO/CFO position that was vacated last May when Brian Murray was named CEO. Kro most recently was the co-founder and managing partner of Mill City Capital in Minneapolis.

Consolidated Container Company [ATLANTA, GA] announced the appointment of Patrick Lynch as the company’s Chief Financial Officer. Lynch will work with CCC’s current CFO, Richard Sehring, through 2019 to assure a smooth transition. Mr. Lynch was most recently the CFO & EVP at Darling Ingredients. Patrick also spent 20 years at Interface where he assumed progressive responsibility in the finance organization, including CFO & SVP for 15 years of his tenure.

Ramaco Resources, Inc. [LEXINGTON, KY] (NASDAQ: METC) announced the appointment of Jeremy Sussman as Chief Financial Officer of the Company. Randall Atkins, the Company’s Executive Chairman who has also been serving as the Company’s Chief Financial Officer since July 1, 2018, will step down as Chief Financial Officer effective upon Mr. Sussman’s appointment. Mr. Atkins will continue to serve as the Company’s Executive Chairman. Most recently, Sussman served as Managing Director – Mining and Metals at Clarksons Platou Securities. Sussman has worked at Clarksons since April 2013. Prior to that Mr. Sussman had worked as a research analyst focusing on the coal space in a variety of other sell-side and buy-side firms.

Kewaunee Scientific Corporation [STATESVILLE, NC] (NASDAQ: KEQU) announced that Donald T. Gardner III has joined the Company as Vice President of Finance and Chief Financial Officer. Thomas D. Hull III, who had continued to serve as Kewaunee’s Chief Financial Officer following his recent promotion, will continue as the Company’s President and Chief Executive Officer. Most recently, Mr. Gardner was Vice President, Financial Planning & Analysis of Victra. Prior to that he was the Chief Financial Officer of Component Sourcing International.

Immunic, Inc. [SAN DIEGO, California] (NASDAQ: IMUX) announced the appointment of Tamara A. Seymour as its Interim Chief Financial Officer. Ms. Seymour is a corporate finance veteran with three decades of experience in the biotech and life sciences industries. From 2014 to 2017, she served as Chief Financial Officer of Signal Genetics Inc. (now miRagen Therapeutics, Inc.). From 2010 to 2014, Ms. Seymour served as Chief Financial Officer of Hemaquest Pharmaceuticals, Inc. From 2001 to 2009, Ms. Seymour served as Chief Financial Officer of Favrille, Inc. (now MMR Global, Inc.). Earlier in her career, Ms. Seymour consulted as Chief Financial Officer for a number of biotechnology companies and served for more than eight years in various positions, including audit manager, with Deloitte LLP and PricewaterhouseCoopers LLP. She is currently a member of the board of directors and audit committee chair of Beacon Discovery, Inc.

Keweenaw Land Association, Limited [IRONWOOD, MI] (OTC US: KEWL) announced that Claudio Nicoletta, Chief Financial Officer, will be leaving the company, effective May 10, 2019, due to personal reasons and to pursue another opportunity.

Assembly Biosciences, Inc. [SAN FRANCISCO, CA] (NASDAQ: ASMB) announced the the departure of Graham Cooper, Chief Financial Officer and Chief Operating Officer. Michael Samar, Assembly’s Vice President Finance and Business Operations, has been appointed to serve as principal accounting officer and has assumed certain of Mr. Cooper’s responsibilities.

Stericycle, Inc. [LAKE FOREST, IL] (NASDAQ: SRCL) announced that Janet H. Zelenka has been appointed Executive Vice President and Chief Financial Officer, effective June 1, 2019. Zelenka joins Stericycle after 15 years with Essendant Inc., most recently serving as Chief Financial Officer until the company’s acquisition by Sycamore Partners earlier this year. Prior to Essendant, Ms. Zelenka spent 16 years at SBC/Ameritech (AT&T) in a range of IT, financial, and operational roles. As previously announced, Daniel V. Ginnetti, Stericycle’s current CFO, will transition to become Executive Vice President of International when Ms. Zelenka joins the Company.

Michael Trzupek

Premera Blue Cross [MOUNTLAKE TERRACE, WA] announced the hiring of Michael Trzupek as Chief Financial Officer. Trzupek comes to Premera from Providence St. Joseph Health System, where he served as Group Vice President. Prior, he was a corporate finance General Manager at Microsoft, focused on business planning for the company’s hardware products, including Xbox and Surface. He started his financial career at Intel.

LandStar, Inc. [RALEIGH, NC] (OTCPK: LDSR), the parent company of Data443™ Risk Mitigation, Inc. announced the appointment of Steven Dawson to the position of Chief Financial Officer. Dawson has over eighteen years of experience in corporate finance, treasury, financial planning and analysis, tax, strategic planning and risk management along with a deep appreciation for Data443’s commitment to driving innovation in the data security space. Prior to joining Data443, he provided strategic CFO and high-level consulting services for clients across a variety of industries. Dawson also served as the Senior Vice President of Global Finance for Vinventions, LLC, as well as the Corporate Controller for Charles & Colvard, Ltd., and several other finance leadership positions with publicly-traded companies earlier in his career.

Globe Photos, Inc. [LAS VEGAS, NV] (OTCQB: GBPT) appointed Evan Bedell as chief financial officer. Bedell succeeds Shamar Tobias, who will continue as company controller. Bedell was previously the founder and CEO of View Capital. Prior to View Capital, he was co-founder and COO of Silver Pacific Advisors. He earlier served as vice president for the investment banking division of Lehman Brothers. Before Lehman, he was a global manager at KPMG Consulting.

OG DNA Genetics [LOS ANGELES, CA] announced that John Walpuck will be joining the executive team as the Company’s Chief Financial Officer. Prior to joining DNA, Mr. Walpuck served as Chief Financial Officer and Chief Operating Officer of Creative Realities, Inc.

Veracode [BURLINGTON, MA] announced that David Forlizzi has been named Chief Financial Officer. Forlizzi was previously the Chief Financial Officer at Infovista for 11 years.

Applied Therapeutics, Inc [NEW YORK, NY] announced the appointment of Mark Vignola, PhD, as Chief Financial Officer. Prior to joining Applied Therapeutics, Dr. Vignola was Head of Corporate Development & Investor Relations at Intercept Pharmaceuticals. Prior to joining Intercept in 2015, he was an equity research associate at Needham & Company.

ORIS Intelligence [COLUMBUS, OH], announced the appointment of George Troutman to Chief Financial Officer. Troutman is a seasoned technology executive with over 30 years of corporate accounting and management experience, and previously served as CFO of Pinnacle Data Systems, Inc., Pathlore Software Corporation, and Manta Media, Inc.

Thomas Caldaroni

ABLE Equipment Rental Inc. [DEER PARK, NY] announced the appointment of Thomas Caldaroni as Chief Financial Officer. Tom has held several key leadership roles with operational and financial responsibilities for large Fortune 500 companies (including Terex), as well as smaller to medium sized enterprises.

Mobicard Inc. [CAMBRIDGE, MA] (OTC: PTOP) is pleased to announce the appointment of Anthony Mirabito as its Chief Financial Officer and Chief Operating Officer. Mirabito replaces former CFO James Bento.

FreightCar America, Inc.[CHICAGO, IL] (NASDAQ: RAIL) announced that it has appointed Christopher (Chris) J. Eppel as Vice President, Finance, Chief Financial Officer and Treasurer. Eppel will succeed Matthew Kohnke, who has left the Company to pursue new business opportunities. Eppel joins the Company from the AZEK Company, where he has served as Executive Vice President and Chief Financial Officer since November 2015. Prior to joining AZEK, Mr. Eppel served as Vice President and Chief Financial Officer of Allied Specialty Vehicles (now REV Group, Inc.) from 2013 to 2015, and as Corporate Controller and Vice President of Perrigo Company plc from 2006 to 2013. His other work experience includes finance and business development roles at Danaher Corporation and Honeywell International Inc.

Allegiant [LAS VEGAS, NV] (NASDAQ: ALGT) announced that Gregory Anderson has been appointed to serve as executive vice president and chief financial officer. He will also continue as the company’s principal accounting officer, a role he has served since January, 2015. Anderson, who joined Allegiant’s accounting department in 2010, has served as the company’s senior vice president, treasury since January, 2017. Prior to joining Allegiant, he worked in corporate accounting for U.S. Airways. Scott Sheldon, who has served as Allegiant’s chief financial officer since 2010, will continue to serve in his role of executive vice president and chief operating officer.

Talos Energy Inc. [HOUSTON, TX] (NYSE: TALO) announced the appointment of Shannon E. Young, III as Executive Vice President and Chief Financial Officer of Talos, effective May 16, 2019. Michael L. Harding, II, currently Executive Vice President, Chief Financial Officer, Chief Accounting Officer and Treasurer, will continue to serve as the Chief Accounting Officer of the Company on an interim basis for a mutually agreed period. Prior to joining Talos, Young served as Vice President and Chief Financial Officer of Sheridan Production Company, LLC since 2016. Before joining Sheridan, Mr. Young served as Executive Vice President and Chief Financial Officer of Cobalt International Energy, Inc. from September 2015 to July 2016. Prior to joining Cobalt, Mr. Young served as Senior Vice President and Chief Financial Officer of Talos Energy LLC from December 2014 to September 2015. Prior to joining Talos Energy LLC, Mr. Young served as a Managing Director at Goldman, Sachs & Co. from July 2010 to December 2014, and was previously an investment banker at Morgan Stanley from August 1998 to July 2010.

B-Stock [BELMONT, CA] announced the addition of Marcus Shen, as CFO. Before joining B-Stock, Shen was CFO and Head of Operations of Content Analytics. Prior to that, he spent over five years at Yahoo!, where he was Vice President of Corporate Development. In his time at Yahoo!, Shen led or worked on deals and integrations across media, commerce, data, and marketing software, including Alibaba, Yahoo! Japan, Flickr, Interclick, Hortonworks, Dialpad, and others. Shen is also an advisor to KKR & Co, a global investment firm.

Shenandoah Telecommunications Company [EDINBURG, VA] (NASDAQ: SHEN) announced that Senior Vice President-Finance and Chief Financial Officer James F. Woodward will be resigning from the Company. Woodward will remain in his position until June 28, 2019 to assist in the orderly transition of his responsibilities. Mr. Woodward joined Shentel in 2017, following a period of rapid growth for the Company.

Twinlab Consolidated Holdings, Inc. [BOCA RATON, FL] (OTCPK: TLCC) has promoted senior vice president of finance, Carla Goffstein to chief financial officer (CFO). For the past seven months she has been serving as the company’s interim CFO, following Al Gever’s term. Goffstein joined Twinlab in January 2018, after a 22-year career with Procter & Gamble serving in different financial management roles and most recently serving as their associate director of finance for global business services.

CFO Moves – week ending May 10, 2019

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CFO Moves this week include:

Centrify Pulmonx Corporation SailPoint Technologies Holdings, Inc.
BitPay Coca-Cola Beverages Florida, LLC Office Properties Income Trust
Five Star Senior Living Inc. Rani Therapeutics Digi International
MDC Partners Inc. The National Capital Bank of Washington Aflac Incorporated
ChannelAdvisor Corporation Empire National Bank W. R. Grace & Co.
Green Plains Inc.; Green Plains Partners LP Bobit Business Media California BanCorp
FRP Holdings, Inc. Revolution Lighting Technologies, Inc. iCAD, Inc.
Saia, Inc. C. H. Fenstermaker & Associates, L.L.C Amerisure Mutual Insurance Company
DFO Global Performance Commerce Harness NBT Bancorp Inc.
Hitachi Vantara The Home Depot Image Sensing Systems, Inc.

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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Mark Oldemeyer

Centrify [SANTA CLARA, CA] announced the company has hired Mark Oldemeyer as its new Chief Financial Officer (CFO). Mr. Oldemeyer steps into the role previously held by current Centrify CEO, Tim Steinkopf. Oldemeyer joins Centrify from PowerSchool where he served as CFO.

Pulmonx Corporation [REDWOOD CITY, CA] announced the hiring of Derrick Sung as its Chief Financial Officer. Prior to joining Pulmonx, Derrick was Executive Vice President, Strategy & Corporate Development at iRhythm Technologies, Inc. Prior to iRhythm, Derrick spent seven years on Wall Street as the senior equity research analyst covering the medical device sector for Sanford C. Bernstein & Company. Previously, Derrick was Director of Marketing and Business Development in Boston Scientific Corp.’s Neuromodulation Division; a management consultant at the Boston Consulting Group; and he started his career as an R&D engineer designing heart catheters for Guidant Corporation, now a part of Abbott Vascular.

SailPoint Technologies Holdings, Inc. [AUSTIN, TX] (NYSE: SAIL) announced that Cam McMartin will transition from Chief Financial Officer to Chief Operating Officer. Jason Ream will join the organization as incoming Chief Financial Officer, effective June 10, 2019. Ream most recently served as CFO for Mitratech, Relativity and SolarWinds.

BitPay [ATLANTA, GA] announced it has hired Glen Braganza as its Chief Financial Officer. Braganza joins from Worldpay US where he served as Chief Financial Officer. Before Worldpay, Mr. Braganza spent most of his career executing Mergers & Acquisitions for financial services organizations, initially working at Lloyds Banking Group in the UK and then joining Jefferies & Co in London.

Duane Still

Coca-Cola Beverages Florida, LLC [TAMPA, FL] has named Duane Still as Chief Financial Officer (CFO). Still joins Coke Florida having recently served as the Chief Financial Officer/Senior Vice President of Finance at CSM Bakery Solutions. Prior to his role at CSM, he completed a thirty-year career in the Coca-Cola system with experience in various CFO roles. He held roles as the CFO for Coca-Cola North America, Coca-Cola Refreshments and for Coca-Cola International.

Office Properties Income Trust [NEWTON, MA] (NASDAQ: OPI) announced that Matthew C. Brown has been appointed as Chief Financial Officer and Treasurer effective June 1, 2019. Brown joined The RMR Group in 2007 and is responsible for accounting and finance matters affecting RMR and its managed companies, where he directs property accounting and a majority of the RMR accounting department. Prior to joining RMR in 2007, Mr. Brown worked in the audit practice of Wolf & Company, P.C. Brown succeeds Jeffrey C. Leer, who has been appointed as Executive Vice President, Chief Financial Officer and Treasurer of Five Star Senior Living Inc., effective June 1, 2019. Brown also will be promoted to Senior Vice President of RMR effective June 1, 2019. Office Properties Income Trust is managed by the operating subsidiary of The RMR Group Inc. (NASDAQ: RMR).

Five Star Senior Living Inc. [NEWTON, MA] (NASDAQ: FVE) announced that Jeffrey C. Leer has been appointed as Executive Vice President, Chief Financial Officer and Treasurer, effective June 1, 2019. Mr. Leer joined The RMR Group in 2013 and is currently Chief Financial Officer and Treasurer of Office Properties Income Trust, and Senior Vice President of RMR. Previously, Mr. Leer served in various RMR accounting leadership functions with a primary focus on operations. Prior to joining RMR, Mr. Leer held accounting and finance positions at several multi-national public companies, including Dell Technologies, Whole Foods Market and Boston Scientific as well as practiced for several years in public accounting. Leer succeeds Richard A. Doyle, Jr. who is stepping down as Executive Vice President, Chief Financial Officer and Treasurer, effective May 31, 2019. To ensure a smooth transition, Mr. Doyle’s separation agreement provides that he will remain a non-officer employee of Five Star and RMR following May 31, 2019 and until December 31, 2019. Mr. Doyle has been with Five Star most recently since 2016 and previously served as Chief Financial Officer and Treasurer of Senior Housing Properties Trust from 2007 to 2016.

Rani Therapeutics [SAN JOSE, CA] announced that Svai Sanford has joined the company as its first Chief Financial Officer. Sanford brings more than two decades of experience as a finance and operations executive at companies including SFJ Pharmaceuticals, VIVUS Inc. and Elan Pharmaceuticals (acquired by Perrigo Co.).

Digi International  [HOPKINS, MN] (NASDAQ: DGII) announced the appointment of James “Jamie” J. Loch to the role of Senior Vice President, Chief Financial Officer (CFO) and Treasurer of the company. Loch is the former Senior Vice President and CFO of Nilfisk, Inc. Previously, Loch served as CFO (Americas) for Honeywell Building Solutions, a division of Honeywell International. Loch replaces Brian Ballenger, Interim Treasurer and Acting Principal Financial Officer and Principal Accounting Officer, who will resume his role as Vice President of Finance and Accounting.

MDC Partners Inc. [NEW YORK, NY] announced that Frank Lanuto will take on the role of Executive Vice President and Chief Financial Officer, replacing outgoing CFO David Doft.  Most recently, he was Vice President, Corporate Controller at Movado Group, Inc. Prior to joining Movado Group, he served as Chief Financial Officer at Ranstad USA. Previously, Lanuto spent over 15 years overseeing global financial functions and operations activities in the advertising, marketing and media services industries, most recently serving as Executive Vice President and Chief Financial Officer at Initiative Media Worldwide. He also led Publicis Healthcare Communications as Chief Financial Officer, after integrating the acquisition of Bcom3 Group, Inc., and he served as the Chief Operating Officer and Chief Financial Officer of Rapp Collins Worldwide in New York, part of Omnicom.

Randal J. Rabe

The National Capital Bank of Washington (NCB) [WASHINGTON, DC] announced that Randal J. Rabe has been appointed Executive Vice President, Chief Financial Officer. Rabe joins NCB’s executive management team with over 30 years of financial accounting and financial services experience in a number of senior level management positions with community banks in Michigan and Georgia.

Aflac Incorporated [COLUMBUS, GA] (NYSE: AFL) announced that Steven K. Beaver has been named senior vice president; chief financial officer, Aflac U.S. Beaver joined Aflac in 2012 as vice president of Corporate Tax. He was promoted to deputy chief accounting officer in 2015, responsible for overseeing Aflac’s SEC and statutory financial reporting, treasury services and tax functions. In January 2017, he was named senior vice president of Global Strategic Projects, responsible for overseeing the conversion of Aflac’s Japan branch to a subsidiary and monitoring the U.S. tax reform. In 2018, Beaver was named senior vice president of corporate financial planning and analysis.  Prior to joining Aflac he was vice president of Corporate Tax for Nationwide.

ChannelAdvisor Corporation [RESEARCH TRIANGLE PARK, NC] (NYSE: ECOM) announced the retirement of Chief Financial Officer, Mark Cook. The Board of Directors has appointed Richard Cornetta, ChannelAdvisor’s Vice President, Finance and Chief Accounting Officer to succeed Cook as Chief Financial Officer.  Cornetta joined ChannelAdvisor in 2013 as Corporate Controller and has served as Vice President, Finance and Chief Accounting Officer since 2015.  Prior to joining ChannelAdvisor, Mr. Cornetta served in financial leadership positions at Dex Media, Inc. and UST Inc. and began his professional career with Ernst & Young.

Empire Bancorp, Inc. [ISLANDIA, NY] (OTCQX: EMPK), the parent holding company of Empire National Bank, announced that Chief Financial Officer Janet T. Verneuille plans to depart the company to explore other opportunities, effective May 17, 2019.  President Thomas M. Buonaiuto will assume the role of Chief Financial Officer on an interim basis. Before becoming President of Empire Bancorp and Empire National Bank, Mr. Buonaiuto served as Chief Financial Officer of Union State Bank, and prior thereto, as Chief Financial Officer of Long Island Commercial Bank, and its holding company Long Island Financial Corp.  He began his business career as an audit manager for KPMG.

William C. Dockman

W. R. Grace & Co. [COLUMBIA, MD] (NYSE: GRA) announced that it appointed William C. Dockman as Senior Vice President and Chief Financial Officer. Dockman had been serving as interim CFO since May 2018. Dockman most recently was Vice President, Controller, and Chief Accounting Officer. Previously, he served as Chief Financial Officer of Advanced Refining Technologies (ART), Grace’s joint venture with Chevron, and before that as Director, Financial Planning and Analysis. Prior to joining Grace in 1999, Mr. Dockman held finance leadership roles at MedStar Health, KPMG, and the University of Maryland Medical System.

Green Plains Inc. [OMAHA, NE] (NASDAQ: GPRE) announced that Patrich Simpkins, Chief Development Officer, will take over as Chief Financial Officer of Green Plains and Green Plains Partners LP (NASDAQ: GPP). Mr. Simpkins promotion to Chief Financial Officer comes as current CFO John Neppl, has been appointed Executive Vice President and Chief Financial Officer of Bunge Limited. Simpkins has served as Chief Development Officer since October 2014, previously serving as Chief Risk Officer from October 2014 through August 2016 and as Executive Vice President of Finance and Treasurer from May 2012 to October 2014.  Prior to joining Green Plains, Mr. Simpkins held a number of senior management positions with SensorLogic, Inc., TXU Corporation, Duke Energy Corporation, and Louis Dreyfus Energy.

Bobit Business Media [TORRANCE, CA] announced that Anthony Shepherd has joined the company as its Chief Financial Officer.  Shepherd joins Bobit from Cal Net Technology Group where he also served as CFO.  Prior to being CFO of Cal Net Technology, Shepherd held similar positions in various industries including IT Services, Manufacturing, Value-Added Distribution, and High-Tech Equipment.  Shepherd started his career with Price Waterhouse specializing in forensic accounting in the firm’s Corporate Recovery group.

California BanCorp [OAKLAND, CA] (OTCQX: CALB), the holding company for California Bank of Commerce, named Thomas A. Sa as its next Chief Financial Officer and Chief Operating Officer effective May 20, 2019. Current Chief Financial Officer Randall Greenfield, who has served at the Bank since its inception in 2007, will continue through an interim transition period prior to his retirement. Sa most recently served as Chief Risk Officer at Western Alliance Bank. Sa was the founding Chief Financial Officer for Bridge Bank, NA and its holding company, Bridge Capital Holdings. Previously, Sa served in senior financial management roles in banking, leasing and software companies.

FRP Holdings, Inc. [JACKSONVILLE, FL] (NASDAQ: FRPH) announced that John D. Milton, Jr. is stepping aside as Chief Financial Officer and Treasurer and the Board has elected John D. Baker III to be the new CFO and Treasurer. Mr. Milton will remain as Executive Vice-President, Secretary and General Counsel. Baker started his employment with the company in 2012 prior to the spin-off as a management trainee dispatching fuel trucks.  In 2013, he transitioned to the finance department as an analyst.

Revolution Lighting Technologies, Inc. [STAMFORD, CT] (NASDAQ: RVLT) announced that James DePalma, a director and the Chief Financial Officer of the Company, resigned for personal reasons. In the interim, Robert V. LaPenta, Chairman, CEO and President of the Company, will assume Mr. DePalma’s duties as principal financial officer and principal accounting officer until the Company identifies an interim or permanent chief financial officer.

iCAD, Inc. [NASHUA, NH] (NASDAQ: ICAD) appointed R. Scott Areglado as Chief Financial Officer. Areglado has served as interim Chief Financial Officer since December 2018.  Prior to this, he was Vice President and Corporate Controller from May 2011, and previously held the role of interim Chief Financial Officer from September 2016 to November 2016. From 2005 to 2010, Mr. Areglado served as Vice President and Controller at AMICAS, Inc.

Saia, Inc. [JOHNS CREEK, GA] (NASDAQ: SAIA) announced that Rob Chambers has been named the company’s new Vice President and Chief Financial Officer (CFO). Chambers most recently served as the Vice President of Commercial Finance for Americold Logistics LLC. Prior to that, he served in financial leadership roles with Ceva Logistics following a tenure at KPMG. Fritz Holzgrefe, Saia’s CFO since 2014, will continue in his role as Saia’s President and COO.

Matthew P. Manning

C. H. Fenstermaker & Associates, L.L.C. [LAFAYETTE, LA] appointed Matthew P. Manning as Chief Financial Officer. Most recently, Manning served as Treasurer & Director of Planning for Waitr, Inc. Prior to joining Waitr, Mr. Manning held various positions at Stone Energy Corporation including Controller, Finance Manager, Planning Team Lead and Internal Audit Manager during his ten years with the company.

Amerisure Mutual Insurance Company [FARMINGTON HILLS, MI] announced the hire of its new chief financial officer (CFO) and treasurer, Robert Bateman,. Current CFO and treasurer Matthew Simon is retiring after 21 years of service. Bateman joins Amerisure after holding the role of CFO with Infinity Property & Casualty Corporation. Prior to that, he served as CFO at Country Financial. Bateman also held numerous leadership roles at The Hartford — including the CFO of the company’s commercial insurance businesses, before becoming corporate controller.

DFO Global Performance Commerce [NEW YORK, NY] announced the appointment of Ramona C. Hark as its Chief Financial Officer (CFO). Hark most recently served as the Vice President of Financial Operations and Chief of Staff at Cylance. Prior to her time at Cylance, Ms. Hark was the Vice President of Accounting at Alien Vault.

Harness [SAN FRANCISCO, CA] announced that John Bonney has joined as Chief Financial Officer. Bonney most recently was the CFO at Mapbox as well as FinancialForce. Prior to that, he was the Division CFO of the Cloud Business unit at SAP. Bonney joined SAP from Ariba as a senior finance executive.

NBT Bancorp Inc. [NORWICH, NY] (NASDAQ: NBTB) announced that, Michael J. Chewens is stepping down from his position as Chief Financial Officer effective December 31, 2019 and will be retiring from the Company on March 31, 2020. Mr. Chewens will continue in his role as Chief Financial Officer until December 31, 2019 and then will remain with the Company during a transition period until his retirement date.

Hitachi Vantara [SANTA CLARA, CA], a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), announced it has appointed Catriona Fallon as chief financial officer. Most recently, Fallon was the CFO of Silver Spring Networks during a time of significant business growth and led the company through its 2018 acquisition by Itron, later serving as the acquired company’s general manager. Previously, Fallon held senior finance leadership roles at major high-tech brands including Hewlett-Packard Company, Cognizant Technology Solutions and Marin Software Incorporated. Fallon began her career as a consultant at McKinsey & Company and spent several years as an equity analyst at Piper Jaffray & Company and Citigroup.

The Home Depot [ATLANTA, GA] announced that Carol Tomé, Chief Financial Officer and executive vice president of Corporate Services, has decided to retire on August 31, 2019 after 24 years of service to the company. The company also announced that Richard McPhail, senior vice president of Finance Control and Administration, will be promoted to executive vice president and Chief Financial Officer following Carol’s retirement.  Since joining the company in 2005, Richard has held a number of roles of increasing responsibility within the finance organization including director of Strategic Business Development, vice president of Strategic Business Development, and senior vice president of Finance.

Image Sensing Systems, Inc. (NASDAQ: ISNS) today announced that Ted Johnson resigned as its Interim Chief Financial Officer.  The Board of Directors has appointed Frank G. Hallowell as Chief Financial Officer. Hallowell most recently served as CFO at Wipaire Inc. Prior to Wipaire, Mr. Hallowell served in senior financial positions at several organizations including Logic PD, Inc., Harland Clarke Corporation, Pearson Plc, ExpressPoint Technology Services, and BellSouth Corporation.

CFO Moves – week ending May 17, 2019

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CFO Moves this week include:

United Surgical Partners International Park City Group, Inc. AVITA Medical
Clarify Health Solutions, Inc. Cepton Technologies, Inc. ICD
RiceBran Technologies Clayco Goettl Air Conditioning & Plumbing
AudioEye, Inc. Nuvectra Corporation HighPoint Global
Vitality Biopharma, Inc NV5 Global, Inc. The Crowley Company
The National Trust Community Investment Corporation (NTCIC) Netskope New American Funding
Bugcrowd ExteNet Systems Heska Corporation
TPI Composites, Inc.

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Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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United Surgical Partners International [DALLAS, TX] (USPI), a subsidiary of Tenet Healthcare (NYSE: THC), announced that Owen Morris has joined as Chief Financial Officer of USPI. Morris succeeds Jason Cagle, who departed USPI earlier this month. Prior to joining USPI, Morris served as Managing Director and head of the Healthcare Real Estate practice at Goldman, Sachs & Co. He held various leadership positions at Goldman Sachs during his tenure of more than 11 years.

Park City Group, Inc. [SALT LAKE CITY, UT] (NASDAQ: PCYG) announced Todd Mitchell, who has served as the Company’s Chief Financial Officer since September 2015, accepted another opportunity that will allow him to spend more time closer to home in New York. Park City appointed John Merrill, its Senior Vice President of Finance since May 2018 and former CFO of Park City Group from August 2006 – July 2010, as Mitchell’s successor. Prior to rejoining Park City in 2018, Merrill served as CFO and Managing Member of 360 Touch Advertising, a startup, from 2016 to 2018 and as CFO of Track Group, Inc. from 2014 to 2016. Previously, he was a mergers and acquisitions consultant for UnitedHealth Group. Merrill has held a variety of financial roles within public and private organizations including, Clear Channel (nka iHeart Media), IMG, and Sports Authority. Merrill began his career with KPMG.

AVITA Medical [VALENCIA, CA] (ASX: AVH, OTCQX: AVMXY) announced that Dale A. Sander is resigning as Chief Financial Officer (CFO) to spend more time with his family on the east coast. Tim Rooney, AVITA’s Chief Administrative Officer, will assume the role of interim CFO. Tim previously served as CFO for AVITA from 2012 to 2017 before assuming his current role. Rooney joined AVITA Medical as CFO and Chief Operating Officer in 2012, leading various key executive roles including interim CEO from 2013 to 2015. Prior to AVITA, Mr. Rooney was an executive at PDI Enterprises, Inc., where he served as CFO/COO.

Clarify Health Solutions, Inc. [SAN FRANCISCO, CA] announced that William Atkins has joined the company as Chief Financial Officer (CFO). Most recently, Atkins was Chief Financial Officer of Airobotics. Prior to Airobotics, he was Executive Vice President and Chief Financial Officer of Calix. He has also held CFO positions at Rivada Networks and at Intelsat. Earlier in his career, he was a senior investment banker at Morgan Stanley.

Cepton Technologies, Inc. [SAN JOSE, CA] announced the appointment of Bob Brown as Chief Financial Officer (CFO). Brown joins Cepton from Velodyne LiDAR, where he was CFO. Prior to that he served as the CFO and Executive Vice President at VeriSilicon Holdings Co. and Vice President, Business Development at Cadence Design Systems. Brown previously held various finance roles within organizations including LSI Corporation, formerly LSI Logic, GetThere and Hewlett-Packard.

ICD [SAN FRANCISCO, CA] hired Dave Roach as Chief Financial Officer (CFO).  Roach most recently served as SVP and CFO for McKesson Technology. Prior to McKesson, Mr. Roach worked in finance at AtomShockwave.com, Macromedia, and Sybase, and as an economic consultant at Ernst & Young.

RiceBran Technologies [THE WOODLANDS, TX] announced the appointment of Todd Mitchell to the position of Chief Financial Officer and Secretary effective July 1, 2019. Mitchell will succeed Dennis Dykes, who informed the Company he will be stepping down from those positions on June 30, 2019, to pursue other business opportunities. Mitchell will serve as Executive Vice President of the Company beginning on May 28, 2019 and Chief Financial Officer and Secretary effective as of July 1, 2019. Prior to joining RiceBran Technologies, Mr. Mitchell served as CFO of Park City Group beginning in September of 2015.  Todd also served as the Director of Research for Brean Capital LLC.

James Havel

Clayco [CHICAGO, IL] announced that James M. Havel has been named Executive Vice President and Chief Financial Officer of Clayco Enterprise.  In this role, Havel will work directly with Tony Schofield, who remains CFO of the individual Clayco businesses.  Before joining Clayco, Havel served as EVP, Chief Financial Officer of Express Scripts and Major Brands Holdings.  Havel also spent more than 34 years with Ernst & Young LLP, where he began his career in 1976.  During his time with Ernst & Young LLP, Havel served as an audit partner and in a number of firm leadership roles, including as managing partner of the St Louis office.  Havel is a member of the board of directors of Enterprise Financial Services Corp.

Kim Miramontes

Goettl Air Conditioning & Plumbing [LAS VEGAS, NV] announced that it has selected Kim Miramontes as its new Chief Financial Officer (CFO). Miramontes’ background includes having provided financial and operational leadership to some of the world’s largest gaming and resort brands, including Wyndham, MGM Grand and SHFL Entertainment.

AudioEye, Inc. [TUCSON, AZ] (NASDAQ: AEYE) announced that Sach Barot joined its executive leadership team as the company’s Chief Financial Officer (CFO). Barot most recently served as CFO, Global Operations for Dun & Bradstreet Corporation (D&B). Barot began his career at D&B in 2002 as a Financial Analyst and held roles with progressive responsibility, culminating with the position of CFO, Global Operations.

Nuvectra Corporation [PLANO, TX] (NASDAQ: NVTR) announced that Walter Z. Berger has resigned as Nuvectra’s Chief Operating Officer and Chief Financial Officer to pursue another business opportunity. The company appointed Jennifer Kosharek, the Company’s current Vice President, Controller and Principal Accounting Officer, as interim Chief Financial Officer. Kosharek joined Nuvectra in January 2016 as Executive Director, Corporate Controller, and was appointed Vice President, Controller and Principal Accounting Officer, in June 2018. Prior to joining Nuvectra, Ms. Kosharek was the Corporate Controller and subsequently served as the Chief Financial Officer and Vice President of Finance at Interphase Corporation from 2011 to 2015. Preceding her position at Interphase, Kosharek served as Senior Accountant – External Reporting and later as Accounting Manager at Sabre Holding from 2008 to 2011. She began her career at Grant Thornton, LLP.

Jim Bottorff

HighPoint Global [HERNDON, VA] announced the appointment of Jim Bottorff as Chief Financial Officer. Bottorff most recently served as the Chief Financial Officer of North America for Idemia. Prior to that, Bottorff spent twelve years as the Division CFO for the Federal and Civilian Division at General Dynamics Information Technology. He also held management roles at Anteon before it was acquired by General Dynamics, including Sr. VP of Financial Operations, Director of Financial Planning and Analysis, and Director of Pricing.

Vitality Biopharma, Inc. [LOS ANGELES, CA] announced the promotion of current Controller and Counsel Richard McKilligan to CFO and Counsel. McKilligan has been promoted to Chief Financial Officer and will continue to serve as Counsel and Secretary.  He joined Vitality in April 2012 as Controller, Counsel and Secretary.  Mr. McKilligan is also a director of Bristol Investment Fund, Ltd.  He served as Chief Financial Officer, General Counsel and Secretary of Research Solutions, Inc. from 2007 to 2011 and Chief Compliance Officer and Counsel to Bristol Capital Advisors, LLC from 2006 to 2008.  He was an associate with Morgan, Lewis & Bockius, LLP in their New York and London offices from 2000 until January 2006 and an associate with Hunton Andrews Kurth, LLP in their New York office from 1998 to 2000.

NV5 Global, Inc. [HOLLYWOOD, FL] (NASDAQ: NVEE) announced the appointment of Edward Codispoti as Chief Financial Officer (CFO) of NV5, effective June 6, 2019. Mr. Codispoti succeeds current NV5 CFO Michael Rama. Since 2017, Mr. Codispoti has served as CFO of Ilumno Holdings. From 2011 to 2016, Mr. Codispoti served as CFO of TradeStation, Inc. He served as Chief Accounting Officer of TradeStation from 2010 to 2011 and Corporate Controller and Vice President of Accounting from 2007 to 2010. From 2003 to 2007, Mr. Codispoti served as Vice President of Financial Reporting at Kos Pharmaceuticals, Inc. From 1997 to 1999, he served as Assistant Controller. Mr. Codispoti began his career as an Auditor at Arthur Andersen, LLP.

Jeffrey Manwiller

The Crowley Company [FREDERICK, MD] announced that Jeffrey Manwiller joined as its chief financial officer. Previously, Manwiller was a partner at Cherry Bekaert LLP.

Kenneth L. Fischbach

The National Trust Community Investment Corporation (NTCIC) [WASHINGTON, DC] welcomed Kenneth L. Fischbach as its new Chief Financial Officer & Executive Vice President. Fischbach joins NTCIC most recently from Fannie Mae where he served as Vice President in Finance. In addition to his role at Fannie Mae, Mr. Fischbach has held leadership positions including Senior Vice President, Treasury & Capital Markets for Sallie Mae, Managing Director, Treasury, Investor Relations and Corporate Communications for Residential Capital, LLC,/GMAC and Senior Vice President of Global Credit and Financial Institutions Management for MBNA/Bank of America.

Netskope [SANTA CLARA, Calif.] announced the appointment of Andrew “Drew” Del Matto to Chief Financial Officer (CFO). Del Matto was most recently CFO for Citrix Systems.  Prior to Citrix, Del Matto served as CFO of Fortinet. Prior to Fortinet, Del Matto served in various financial leadership roles at Symantec for almost a decade, leaving as acting CFO. Del Matto has also held senior finance leadership roles with Inktomi Corporation and SGI Corporation, and began his career as a certified public accountant (CPA) with KPMG LLP.

New American Funding [TUSTIN, Calif.] announced that they have hired Scott Frommert as CFO.

Bugcrowd [SAN FRANCISCO, CA] announced the appointment of Mark O’Connor as chief financial officer. Prior to Bugcrowd, O’Connor served as CFO of Appirio, and held executive financial and operational positions at Nuance Communications, BeVocal (acquired by Nuance), Appshop, and Broadword Communications.

ExteNet Systems [CHICAGO, ILLINOIS] announced it has appointed Garth Williams as Executive Vice President and Chief Financial Officer. For the past six years, Williams served as the Chief Financial Officer and Chief Administrative Officer for Kroll. Previously, he served at American Tower Corporation in various senior finance roles including Investor Relations, International Reporting and Treasury. He began his career as an investment banker at Morgan Stanley and worked in their Melbourne, Hong Kong and New York offices. Williams succeeds Dan Timm, who has been with the company for nearly nine years.

Heska Corporation [LOVELAND, Colo.] (NASDAQ: HSKA) announced the promotion of Catherine Grassman from Vice President and Chief Accounting Officer to Executive Vice President, Chief Financial Officer. Grassman was appointed Heska’s Vice President and Chief Accounting Officer December 2017, having previously served as the Company’s Corporate Controller since January of 2017.  Prior to joining Heska, Ms. Grassman spent more than 15 years with PricewaterhouseCoopers, LLP as a senior manager in the audit practice, with later success as Corporate Controller of a private-equity backed company.

TPI Composites, Inc. [SCOTTSDALE, Ariz.] (NASDAQ: TPIC) announced that it has promoted William Siwek to President, effective May 8, 2019, and appointed Bryan Schumaker as Chief Financial Officer. Siwek was previously TPI’s Chief Financial Officer, beginning in August 2013, Prior to joining TPI, Schumaker served in various financial roles at First Solar, Inc. from April 2008 to May 2019, most recently as its Chief Accounting Officer from July 2015 to May 2019, as well as the Chief Financial Officer of 8point3 Energy Partners, a publicly-traded limited partnership formed by First Solar and Sunpower Corporation to own, operate and acquire solar energy generation projects from July 2016 to July 2018. Prior to working at First Solar, Bryan spent over five years at Swift Transportation in various finance roles, including as Corporate Controller. Bryan also has worked in public accounting at KPMG and at a BDO alliance firm in various roles.


CFO Moves – week ending May 24, 2019

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CFO Moves this week include:

Schindler Elevator Corporation Unum Group Empire State Realty Trust, Inc.
Legacy Education Alliance, Inc. Munich Re Life US Kymeta
Snap Inc. DentaQuest DNAnexus, Inc.
GeoStabilization International Lannett Company, Inc. Speakap
Western Industries Plastic Products LLC Vitamin Shoppe, Inc. Socket Mobile, Inc.
Towerstream Enfission Finjan Holdings, Inc.
Skyword Colony Bankcorp, Inc. Cure Pharmaceutical
Cantel Medical Corp. Oracle Elevator AKHAN Semiconductor
L&R Distributors Pine Brook RentPath
Bertram Capital First Sound Bank Canterbury Park
Centage Corporation

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Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Schindler Elevator Corporation [MORRISTOWN, NJ] announced that Sneh Virdi has joined the company as Chief Financial Officer for its US Operations. Ms. Virdi joins Schindler from Legrand, where she was Vice President Finance, Electrical Wiring Systems, North and Central America. Prior to Legrand, she held various positions with United Technologies.

Unum Group [CHATTANOOGA, TN] (NYSE: UNM) announced that John F. “Jack” McGarry, executive vice president and chief financial officer since 2015, will retire from the company effective October 31, 2019. Steven A. Zabel, president of Unum’s closed block of business, will assume the role of executive vice president and chief financial officer effective July 1, at which time McGarry will move into a role supporting a smooth transition until his retirement. Zabel joined Unum in 2013 as senior vice president and chief risk officer. He became president of Unum’s closed block of business in 2015. He began his career with Ernst & Young as an auditor of life and health insurance companies, then moved to Americo Life where he was responsible for financial reporting. Later he spent more than 9 years with Genworth Financial in senior finance roles, including chief financial officer for insurance products.

Empire State Realty Trust, Inc. [NEW YORK, NY] (NYSE: ESRT) announced that David A. Karp will be stepping down from his role as Executive Vice President and Chief Financial Officer for personal reasons, effective August 1, 2019. In accordance with the Company’s bylaws, Andrew J. Prentice, Chief Accounting Officer and Treasurer, will serve as acting chief financial officer while the Company conducts a search for a permanent successor.

Legacy Education Alliance, Inc. [CAPE CORAL, FL] (OTCQB: LEAI) announced it has appointed Michael English as its Interim Chief Financial Officer (“ICFO”). Mr. English succeeds Christian A.J. Baeza, former Senior Vice President and Chief Financial Officer, whose employment with the Company terminated on May 20, 2019. Since October 2016 through April 2019, English served in a variety of CFO and CFO consulting roles including, CFO advisory partner at Aventine Hill Partners, Alternate Health Corp., and Peak Health Corp. From July 2011 to July 2016, he served as CFO for Zix Corporation and Controller from June 2007 to June 2011. Prior to that, Mr. English was Vice President of Finance for Advanced Fiber Communications from March 2004 through June 2005, and Vice President of Finance for Marconi, PLC from June 1999 to February 2004. Previously, he served as Division Controller for the Access Division of RELTEC Corporation, Division Controller at Rockwell Automation and Division Controller at Reliance Electric Company.

Munich Re Life US [NEW YORK, NY] announced that Quentin Marsh has been appointed Chief Financial Officer, US Life and Health. Marsh most recently was Vice President in the Global Financial Solutions unit of Reinsurance Group of America (RGA). Marsh began his career at EY, in the company’s Global Insurance Center and progressed through successive leadership positions before joining RGA in 2012.

Kymeta [REDMOND, Washington] announced that Walter Z. Berger has been hired as President, Chief Financial Officer (CFO), and Chief Operating Officer (COO). Berger most recently served as COO and CFO of Nuvectra, Before joining Nuvectra, he served in senior executive positions at AppDynamics, which was acquired by Cisco. He also held senior executive positions at SoftLayer, which was acquired by IBM, and Leap Wireless. Additionally, he has held several executive operating, financial, and general leadership roles in various industry verticals.

Derek Andersen

Snap Inc. [SANTA MONICA, CA] (NYSE: SNAP) announced the appointment of Derek Andersen, currently Snap’s Vice President of Finance, as Chief Financial Officer. Mr. Andersen will take over the responsibilities of interim CFO Lara Sweet. Snap also announced the appointment of Lara Sweet as Chief People Officer. In this new role, Ms. Sweet will continue as Chief Accounting Officer until a replacement is named. Andersen has served as Snap’s Vice President of Finance since July 2018. Andersen was previously employed at Amazon.com, Inc., serving in a variety of roles over seven years, most recently as Vice President of Finance supporting Amazon’s digital video business. Andersen also previously served in roles at Fox Interactive Media, including as Senior Vice President, Finance and Business Operations for IGN, and as Vice President, Finance.

Akhil Sharma

DentaQuest [BOSTON, MA] announced that Akhil Sharma recently became Executive Vice President, Chief Financial Officer. Before joining DentaQuest, Sharma was Co-President and CFO of North American Dental Group. Prior to that, he was the President and CFO of Enlivant. He also spent eight years with Fortress Investment Group, primarily focusing on their senior living private equity investments. Sharma started his career in investment banking at Lazard.

DNAnexus, Inc. [MOUNTAIN VIEW, CA] announced the appointment of Scott Gibson as Chief Financial Officer. Prior to joining DNAnexus, Gibson served as CFO at Conviva. Previously, he was CFO at several semiconductor, semiconductor equipment, and networking companies.

GeoStabilization International (“GSI”) [DENVER, CO] announced the appointment of Chris Howard as Chief Financial Officer. Howard was most recently Vice President, Finance at Accudyne, with financial oversight for the Sundyne division. Prior to Accudyne, he spent five years in senior financial positions at Technip FMC plc, ultimately serving as Finance Director for the Surface International business. Previously, Howard held senior finance roles at Stanley Black & Decker, Inc. and Precision Castparts Corporation, among other leading industrial companies.

Lannett Company, Inc. [PHILADELPHIA, PA] (NYSE: LCI) announced that the company’s chief financial officer (CFO), Martin Galvan, will retire on August 30, 2019, following the planned submission of the company’s Form 10-K for fiscal year 2019. Galvan will continue in his role as CFO until then and thereafter serve as a consultant, as necessary.

Speakap [NEW YORK, NY] announced the addition of Ralph De Kleermaeker, who will serve as the company’s Chief Financial Officer. De Kleermaeker most recently served as CFO and COO at Bynder. Prior to Bynder, Ralph was active in private equity for a period of 8 years.

Western Industries Plastic Products LLC [WINFIELD, KS] announced the appointment of Gage Hotchkiss as Chief Financial Officer. Hotchkiss most recently served with Alpha Guardian as Director Manufacturing FP&A and prior to that he was with Sensata Technologies for two years as Director of Finance.  From 2006 to 2016 he served in a series of senior finance roles with CoActive Technologies, most recently as Controller.

Vitamin Shoppe, Inc. [SECAUCUS, NJ] (NYSE: VSI) announced that Charles Knight has been appointed Executive Vice President – Chief Financial Officer (CFO). Knight was most recently Interim Chief Financial Officer for The Vitamin Shoppe, a role he assumed on April 8, 2019.  He joined The Vitamin Shoppe in July 2018 as Senior Vice President – Chief Accounting Officer and Corporate Controller.  Prior to joining the Vitamin Shoppe, Mr. Knight was most recently Senior Vice President-Corporate Controller (2010-2018) at Toys “R” Us, Inc.  He was employed at Toys “R” Us for approximately 28 years, starting as Special Project Analyst in 1990, and held positions of increasing responsibility, including Vice President Controller Toysrus.com (2001-2002), Vice President of Toys “R” US Corporate Accounting (2002-2004), Vice President Corporate Controller, Toys “R” Us, Inc. (2004-2010).  Prior to joining Toys “R” Us, he was a Senior Accountant at Deloitte & Touche LLP starting in 1986.

Socket Mobile, Inc. [NEWARK, CA] (NASDAQ: SCKT) announced that Lynn Zhao has been appointed to the position of Vice President of Finance and Administration, Secretary and Chief Financial Officer.  Ms. Zhao has served as the Company’s Controller since January 2015 and was appointed as Vice President and Controller in September 2017. Ms. Zhao previously served as the Company’s General Accounting Manager from December 2000 through January 2015.

Towerstream Corporation [MIDDLETOWN, RI] (OTCQB:TWER) announced that John “Jack” Macdonald, Chief Financial Officer, has resigned effective June 7, 2019, to pursue another career opportunity.

Enfission LLC [RESTON, VA],  a joint venture of Lightbridge Corporation (NASDAQ: LTBR) and Framatome, announced the appointment of Eugene Dongweck as Chief Financial Officer. Prior to joining Enfission, Mr. Dongweck held a variety of senior roles at Framatome, and currently serves as Manager of Financial Planning and Analysis. Previously, Mr. Dongweck served as Audit Manager and Senior Accountant at Deloitte.

Finjan Holdings, Inc. [EAST PALO ALTO, CA] (NASDAQ: FNJN) announced that Jevan Anderson will join the company on June 3, 2019 as Chief Financial Officer, replacing Michael Noonan who is departing to explore new pursuits. Anderson recently was Senior Vice President, Corporate Advisory for Jones Lang LaSalle Incorporated (JLL). Prior to JLL, Jevan spent 10 years as a Managing Director and Co-Head of Technology Mergers & Acquisitions for Wells Fargo and RBC Capital Markets. Prior to his 17 year investment banking career, Jevan held roles in management consulting, strategic planning, corporate development and investor relations.

Roger Blanchette

Skyword [BOSTON, MA] announced it has appointed Roger Blanchette as Senior Vice President and Chief Financial Officer. Blanchette joins Skyword from NuoDB, a database cloud provider, where he served as Chief Financial Officer. Blanchette was also the Chief Financial Officer of Ektron. Blanchette also has served as CFO at medical device companies, Dune Medical and Cadent. Prior to Cadent, he was CFO of DataSynapse. Blanchette succeeds Tyler Hoffman who has served as Chief Financial Officer of Skyword since 2010.

Colony Bankcorp, Inc. [FITZGERALD, GA] (NASDAQ: CBAN) announced that Terry L. Hester, Executive Vice President, Chief Financial Officer and Secretary of the Company, has informed the Company that he intends to retire on December 31, 2019, after 42 years of service to Colony. Anticipating his decision, Colony has completed an executive search and has named Tracie Youngblood as Hester’s successor. Youngblood is expected to join the Company in mid-June 2019. Youngblood was most recently Senior Vice President and Controller of Fidelity Bank in Atlanta, which is being acquired by Ameris Bank. She has held similar positions with Square 1 Bank in Durham, North Carolina, and Ameris Bank in Moultrie, Georgia, and Georgian Bank in Atlanta.

CURE Pharmaceutical [OXNARD, CA] (OTC: CURR) announced the addition of Michael Redard, who will serve as CURE’s Chief Financial Officer. Prior to CURE, Redard held CFO, vice president and general manager positions with several venture capital and private equity-backed companies, including Inogen, Medical Analysis Systems (acquired by Thermo Fisher Scientific), CDTi Advanced Materials and Abrisa Technologies.

Cantel Medical Corp. [LITTLE FALLS, N.J.] (NYSE: CMD) announced that Peter Clifford has been promoted to Executive Vice President and Chief Operating Officer. As part of this change in leadership, Shaun Blakeman has been appointed as Senior Vice President and Chief Financial Officer. Most recently, Clifford served as Executive Vice President and Chief Financial Officer for the Company. As a result of Mr. Clifford’s promotion, Blakeman will take on the role of SVP and Chief Financial Officer. Blakeman worked for Cantel from 2016 to 2018 as VP of Finance for Cantel’s Medical division. Most recently, Shaun was Senior Finance Director at Medtronic. Prior to working at Cantel, he held leadership roles with increasing responsibility for almost five years at IDEX Corporation.

Oracle Elevator [TAMPA, Fla.] announced that Rick Morris joined the company as Chief Financial Officer. Rick’s background includes five years of consulting as Interim CFO to various companies across the US and England preceded by 12 years as CFO to private equity backed companies in multiple industries. Earlier in his career he held senior finance roles in large multinational companies where he lived and worked in the US, Europe and Asia.

AKHAN Semiconductor [CHICAGO] announced that Robert Mohr will join AKHAN in the role of Chief Financial Officer. Mohr joins AKHAN from his current role of Consultant at CFO Express International.

L&R Distributors [BROOKLYN, N.Y.] hired Craig Zumbo as Chief Financial Officer. His expereince includes Senior Vice President of Finance at Drive Devilbiss Healthcare.

Pine Brook [NEW YORK] announced that Joseph Kopilak has joined the firm as chief financial officer. He is also the chief compliance officer and a partner of the firm. Prior to joining Pine Brook, Kopilak was CFO and CCO of Roundtable Investment Partners/Truvvo Partners. Previously, he spent six years at J.P. Morgan, most recently as the CFO of J.P. Morgan Partners Global Investors fund.

RentPath [ATLANTA] announced that Richard (Rick) Martin, who most recently served as CFO of Symphony Health Solutions, replaces Kim Payne as Chief Financial Officer of RentPath. Martin also held the CFO role at Delta Career Education Corporation. Martin previously served as CFO of several other private-equity-backed companies including DecisionOne Corporation, General Fiber Corporation and Strategic Distribution, Inc. Prior roles include Vice President Finance, Treasurer, Principal Accounting Officer for Maxxim Medical, Inc. and Vice President Finance, Treasurer, Secretary (and interim CFO) for Pameco Corporation.

Ivy Ono

Bertram Capital [FOSTER CITY, Calif.] announced the promotion of Ivy Ono to Chief Financial Officer. Ono, previously the Controller at Bertram, has been with the firm for more than 10 years. Bertram also announced the retirement of Partner and Managing Director Ingrid Swenson, effective June 3, 2019.  Ms. Swenson served as both Chief Financial Officer and Chief Compliance Officer for the firm. Ono joined Bertram in 2008 as the firm’s Assistant Controller.  Prior to Bertram, Ms. Ono was a Manager at PricewaterhouseCoopers in the Investment Management audit practice. Previous to PricewaterhouseCoopers, she was at Novogradac and Company, LLP where she focused on audit and tax work for real estate investments.

First Sound Bank [SEATTLE] (OTCBB: FSWA) announced that Debby K. McDaniel has joined the bank as Executive Vice President and Chief Financial Officer.  McDaniel most recently served as CFO of The Bank of Washington. Before her time at The Bank of Washington she was with Mission Bank in Bakersfield, California where she served in the capacity of Senior Vice President of Operations and Information Technology. Prior to her time at Mission Bank, she was with Eastside Commercial Bank in Bellevue as Executive Vice President and Chief Financial Officer/Chief Operating Officer.  In addition, she previously served as the CFO of NCW Community Bank in Wenatchee.

Canterbury Park [SHAKOPEE, Minn.] (NASDAQ: CPHC) announced the hiring of Randy J. Dehmer as Chief Financial Officer. Dehmer returns to Canterbury Park where he was employed from 2007 to 2013, serving as controller from March 2012 to August 2013. Dehmer will be leaving a position as financial controller at Clearfield, Inc. to join Canterbury on May 30, 2019. Dehmer began his career at Ernst & Young, serving there as senior accountant until he first joined Canterbury Park.

Centage Corporation [NATICK, Mass.] announced that Jason Lin has joined as chief financial officer. Lin takes over from John Orlando, who recently announced his retirement from the company where he served over 15 years as CFO and executive vice president. Prior to joining Centage, Lin held financial leadership positions at Zoominfo, Monster Worldwide, IkaSystems and TripAdvisor.

CFO Moves – week ending May 31, 2019

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CFO Moves this week include:

CF Industries Holdings, Inc. MACOM Technology Solutions Holdings, Inc. OrthoLite
Bento for Business Ametros TFF Pharmaceuticals, Inc.
Harrison Poultry D.A. Davidson Companies Buchanan & Edwards Inc.
StorONE Semma Therapeutics, Inc. Blue Canyon Technologies
Regulatory DataCorp, Inc. Pelican Products, Inc. Intelsat
Fluor Corporation LyondellBasell Emmaus Life Sciences, Inc.
Protagonist Therapeutics, Inc. Vistra Energy Corp. Sirnaomics, Inc.
Conn’s, Inc. Neology, Inc. Lamar Advertising Company
Capsule8 Crestline Hotels & Resorts TrueCar, Inc.
Stay Alfred Frank’s International N.V. CSX Corporation
Navigating Cancer Dentsply Sirona Inc. Cipherloc Corporation
Liquidia Technologies, Inc. DiamondRock Hospitality Company

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Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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CF Industries Holdings, Inc. [DEERFIELD, IL] (NYSE: CF) announced that Dennis P. Kelleher, senior vice president and chief financial officer, has informed the company he will retire from CF effective September 1, 2019. Christopher D. Bohn, senior vice president, manufacturing and distribution, has been selected to succeed Kelleher as chief financial officer effective September 1, 2019. Bohn has held roles of increasing responsibility at CF including senior vice president, supply chain, and vice president, corporate planning. Prior to joining CF, Bohn served as chief financial officer for Hess Print Solutions. Earlier in his career, he was vice president, global financial planning and analysis for Merisant Worldwide, Inc.

MACOM Technology Solutions Holdings, Inc. [LOWELL, MA] (NASDAQ: MTSI), announced the appointment of John F. Kober as Senior Vice President and Chief Financial Officer. Kober has over 25 years of accounting and finance experience, and has served as MACOM’s Vice President and Corporate Controller since 2015. Prior to that, he served as Vice President, Corporate Controller and Treasurer at CIRCOR International Inc.

OrthoLite [AMHERST, MA] announced the hiring of Milton Brice as Chief Financial Officer. Brice has previous experience in managing emerging markets both in Asia and South America with The Hershey Company. He also held international and domestic positions with brands such as DICK’s Sporting Goods, Nike and Under Armour, among others.

Bento for Business [CHICAGO & SAN FRANCISCO] announced the appointment of Paula Bachman as Chief Financial Officer. Bachman comes to Bento from Networked Insights.

Nicole Sauk

Ametros [WILMINGTON, MA] has promoted Nicole Sauk to Chief Financial Officer. Sauk joined Ametros in 2014; most recently she served as the Senior Vice President of Finance and Operations.

TFF Pharmaceuticals, Inc. [AUSTIN, TX] announced the appointment of Kirk Coleman as Chief Financial Officer. Since 2012, Mr. Coleman has also served as an executive officer of Steelhead Capital Management, LLC, and Bios Partners, LP. From 1998 to 2008, he was Treasurer for EFO Holdings, LP.

Jamie Vincent

Harrison Poultry [BETHLEHEM, GA] announced James I. Vincent has joined as Executive Vice President and Chief Financial Officer (CFO). Before joining Harrison Poultry, Vincent was the Controller for Wayne Farms LLC. Before joining Wayne Farms, Vincent spent ten years at ChoicePoint, Inc. in positions of increasing responsibility, including serving as VP and CFO of the company’s Government Services Segment and of its Public Records Group. Before joining ChoicePoint, Vincent was with Equifax, Inc. for five years, and before that spent five years with Arther Andersen LLP.

D.A. Davidson Companies [SEATTLE] announced that Scott Witeby has been named the company’s chief financial officer and a member of D.A. Davidson’s executive leadership team. Witeby joins D.A. Davidson from Lincoln Financial Group, where he served as CFO of Lincoln Financial Network, Lincoln’s retail wealth management business. He previously held senior finance roles during 10 years with LPL Financial, and began his career as a public accountant with Ernst & Young. Witeby replaces Tom Nelson, who has announced his plan to retire in 2020. Nelson has served as the firm’s CFO since 2001.

Buchanan & Edwards Inc. [WASHINGTON] announced that it has appointed Carter Wood as chief financial officer. Most recently, Wood was director of financial reporting for Cognosante. Earlier, Wood served as CFO with Buchanan & Edwards from 2010 to 2015. Prior positions include director of accounting for CGI and working as a public accountant and senior auditor with Deloitte.

StorONE [NEW YORK] named Gil Vassoly as its new CFO. Vassoly comes to StorONE from Gibbs International Inc., where he served as the COO and CFO. Prior to Gibbs International, he served as a principal The Gore Group. Previously, Vassoly worked in a variety of management and executive positions within KLA and was an audit manager at PriceWaterhouseCoopers.

Semma Therapeutics, Inc. [CAMBRIDGE, MA] announced that it has expanded its leadership team with the addition of Mary Kay Fenton as Chief Financial Officer. Fenton most recently was Executive Vice President and Chief Financial Officer of Achillion Pharmaceuticals. Prior to joining Achillion, Fenton was with PricewaterCoopers LLP.

Blue Canyon Technologies [BOULDER, CO] announced the appointment of Sam Francis as Chief Financial Officer (CFO). Prior to AVL he was a principal at Tatum, LLC.

Regulatory DataCorp, Inc. [KING OF PRUSSIA, PA] announced the hiring of Fabrizio Ferronato as Chief Financial Officer. Ferronato joined RDC following two years as the Chief Financial Officer at BridgeTower Media and numerous finance leadership roles at Thomson Reuters.

George Platisa

Pelican Products, Inc. [TORRANCE, CA] announced that George Platisa has been hired as Chief Financial Officer. Platisa has worked at companies such as Belkin International, Price Waterhouse, Walt Disney Company, Broadband Sports, and Ascent Media Corporation.

Intelsat [LUXEMBOURG & MCLEAN, VIRGINIA],(NYSE: I) announced the appointment of David M. Tolley as Executive Vice President and Chief Financial Officer. Tolley most recently served as the Chief Financial Officer of OneWeb. Prior to OneWeb, Tolley served as a Senior Managing Director in the Private Equity Group at Blackstone, where during this period he was Chairman of the Board of Directors of NewSkies Satellites N.V. Prior to Blackstone, he was a Vice President at Morgan Stanley in the Investment Banking Division. Tolley currently serves on the board of directors of ExteNet Systems and the Smithsonian National Air and Space Museum. Tolley replaces Jacques Kerrest, the retiring CFO.

Michael Steuert

Fluor Corporation [IRVING, TX] (NYSE: FLR) announced that D. Michael Steuert has been appointed chief financial officer (CFO) , succeeding Bruce Stanski, who will support the office of the chief executive officer (CEO) focused on analyzing the company’s investments and joint ventures in line with the previously announced strategic review. Steuert served as Fluor’s CFO from 2001 to 2012. Prior to his previous stint at Fluor, Steuert served as SVP and CFO of Litton Industries, and as CFO of GenCorp, Inc. from 1990 to 1999. He was formerly a member of the National Financial Executives Institute and the Carnegie Mellon Council on finance.

LyondellBasell [HOUSTON and LONDON] (NYSE: LYB) announced that Thomas Aebischer, executive vice president and chief financial officer, has announced his intention to retire at the end of 2019. Aebischer joined LyondellBasell in January 2016.

Emmaus Life Sciences, Inc. [TORRANCE, CA] announced the appointment of Joseph “Jay” C. Sherwood III to succeed Kurt Kruger as Chief Financial Officer. Kruger will stay on as a consultant to the company. Mr. Sherwood has over 30 years of investment banking experience, most recently as the Los Angeles Partner at G.C. Andersen Partners, LLC. Prior to joining G.C. Andersen Partners, Mr. Sherwood was Senior Managing Director at McGladrey Capital Markets. Prior to McGladrey, he was Senior Managing Director at FTI Capital Advisors, a subsidiary of FTI Consulting, Inc.

Protagonist Therapeutics, Inc. [NEWARK, CA] (NASDAQ: PTGX) announced the appointment of Don Kalkofen as Chief Financial Officer. Prior to joining the Protagonist Therapeutics team, Kalkofen served in an advisory role as Senior Advisor, Finance, to the Company. Kalkofen has had an extensive consulting career and held positions including the Chief Financial Officer at App Annie; Assistant Controller at Align Technology; Vice President of Finance at Simplifier Corporation and Chief Financial Officer of Innovative Bank. Earlier in his career, Mr. Kalkofen served as the Chief Financial Officer for West Coast Bancorp, Pinnacle Bank and DecisionPoint Applications. He started his career at PricewaterhouseCoopers.

Vistra Energy Corp. [IRVING, TX] (NYSE: VST) announced the appointment of David A. Campbell as executive vice president and chief financial officer. Campbell replaces outgoing CFO, J. William “Bill” Holden, who has announced his resignation to pursue other opportunities. Campbell previously worked for Vistra’s predecessor companies. Campbell most recently served as the president and chief executive officer of InfraREIT, Inc., from August 2014 through May 2019. Prior to his role at InfraREIT, he was president and chief operating officer of Bluescape Resources. Campbell also previously served as chief executive officer of Luminant when it was a subsidiary of Vistra’s predecessor parent company, Energy Future Holdings. He originally joined TXU Corp., the predecessor to EFH, in 2004 as executive vice president of corporate planning, strategy, and risk, and became chief financial officer of TXU in 2006. Prior to joining TXU, Mr. Campbell was a principal in the Dallas office of McKinsey & Company.

Sirnaomics, Inc. [GAITHERSBURG, MD] announced the appointment of Allan L. Shaw as the company’s Chief Financial Officer (CFO). Shaw currently serves on the board of directors of Vivus Inc., as well as being involved with a portfolio of healthcare activities. Previously Mr. Shaw took Syndax Pharmaceuticals, Inc. public as its Chief Financial Officer and also served as Managing Director of Alvarez & Marsal, and led their biopharmaceutical consulting practice.  Mr. Shaw has also served as the Chief Financial Officer of Serono S.A., NewLead Holdings Ltd. and Viatel, Inc.

Conn’s, Inc. [WOODLANDS, TX] (NASDAQ: CONN) announced that Lee Wright has been named Executive Vice President and Chief Operating Officer. Wright joined Conn’s in June 2016 as the Company’s Chief Financial Officer. George Bchara was promoted to Chief Financial Officer. Bchara joined Conn’s as Vice President and Chief Accounting Officer in December 2016. Prior to joining the Company, he served as Senior Vice President and Chief Accounting Officer of BankUnited, from March 2013 to December 2016, and served as Vice President and Loan Controller from June 2011 to February 2013. Prior to BankUnited, Bchara was a Manager with the global professional services firm, PwC, where he worked from January 2007 until May 2011.

Neology, Inc. [SAN DIEGO] announced the appointment of Charles Padgett as Chief Financial Officer and Member of its Board of Directors. Prior to joining Neology, Padgett was the Chief Financial Officer for Verimatrix, Inc. Padgett has held executive positions at Kofax, EMC, Captiva, Boeing, Wireless Facilities, Inc., The Walter Group and KPMG.

Lamar Advertising Company [BATON ROUGE, LA] (NASDAQ: LAMR) announced that Jay Johnson has been appointed Chief Financial Officer effective October 1, 2019. Johnson has served as Executive Vice President and Chief Financial Officer of DiamondRock Hospitality Company (NYSE: DRH) since April 2018. Prior to joining DiamondRock, Mr. Johnson served as Senior Vice President and Treasurer at Host Hotels & Resorts (NYSE: HST). Johnson will succeed Keith Istre, who announced in January his intent to retire from Lamar on December 31, 2019. Istre will become Chief Financial Officer Emeritus on October 1, 2019. Prior to Host Hotels & Resorts, Johnson served in a variety of banking roles at KeyBank Real Estate Capital and Bank of America. Prior to those roles, he was in the management consulting practice of Deloitte & Touche LLP, the investment banking group at Prudential Securities and the industrial markets trading division of Enron Corporation.

Capsule8 [NEW YORK] announced the appointment of Scott Kenerly as Chief Financial Officer (CFO). Kenerly joins from Argyle Executive Forum, LLC, where he most recently served as the firm’s CEO. Previously, Scott had successful tenures at several companies, including with ThreatGRID, Inc. (acquired by Cisco Systems, Inc.).

Ed Hoganson

Crestline Hotels & Resorts [FAIRFAX, VA] announced the appointment of Edward Hoganson as Executive Vice President, Chief Financial Officer & Chief Investment Officer for the Company.  Ed rejoins Crestline from Hospitality Investors Trust, Inc. (HIT) where he served as Chief Financial Officer and Treasurer. Ed began his career with Deloitte & Touche before joining Marriott International where he held various finance positions.

Noel B. Watson

TrueCar, Inc. [SANTA MONICA, CA] (NASDAQ: TRUE) announced that Noel B. Watson has been appointed EVP and Chief Financial Officer. Watson joins TrueCar after spending the last thirteen years with TripAdvisor, where his current role is VP Finance & Chief Accounting Officer. Watson began his career as a CPA at Arthur Andersen and subsequently held management positions at ArrAy Inc. and Way Systems prior to joining TripAdvisor in 2006.

Steve Helmbrecht

Stay Alfred [SPOKANE, WA] announced the addition of Steve Helmbrecht as President and CFO. Helmbrecht is former CFO of Itron, Inc.

Frank’s International N.V. [HOUSTON] (NYSE: FI) announced that Melissa Cougle has been named Chief Financial Officer (“CFO”). She succeeds Kyle McClure, who has decided to leave the Company to pursue other opportunities. Cougle most recently served as CFO of National Energy Services Reunited (NESR). She previously worked 13 years for Ensco plc (ESV), where she held multiple senior positions in treasury, capital management, finance and administration, corporate accounting, internal audit, management reporting and financial systems. Cougle began her career in the audit and consulting practices of Arthur Andersen LLP which became Protiviti.

CSX Corporation [JACKSONVILLE, FL] (NASDAQ: CSX) announced the departure of executive vice president and chief financial officer, Frank A. Lonegro. The company appointed Kevin Boone as interim chief financial officer. Boone joined CSX in September 2017 as vice president of corporate affairs and chief investor relations officer and most recently was vice president of marketing and strategy. Boone has held various positions in organizations such as Janus Capital, Morgan Stanley, Merrill Lynch and Ernst & Young.

Dentsply Sirona Inc. [CHARLOTTE, N.C.] (NASDAQ: XRAY) announced that Nicholas W. Alexos, the Company’s Executive Vice President and Chief Financial Officer, will be leaving the Company in connection with the relocation of its headquarters.

Cipherloc Corporation [AUSTIN, TX] (OTCQB: CLOK) announced the appointment of Gino J. Mauriello as Chief Financial Officer. Mauriello replaces Jim Sullivan, who resigned as CFO. Mauriello has run his own CPA firm since 2003. He previously served as a Director and CFO for Cipherloc during 2016 and 2017. He is currently Cipherloc’s controller.

Liquidia Technologies, Inc. [RESEARCH TRIANGLE PARK, N.C.] (NASDAQ: LQDA) announced the appointment of Dr. Richard D. Katz as Chief Financial Officer (CFO). Most recently, he served as CFO at Argos Therapeutics.  Prior to his time at Argos, Dr. Katz served as CFO at several biopharmaceutical companies including Viamet Pharmaceuticals and Icagen, Inc. Dr. Katz had worked as a vice president in the healthcare group of the investment banking division of Goldman, Sachs & Company.

DiamondRock Hospitality Company [BETHESDA, Md.] (NYSE: DRH) announced that Executive Vice President & Chief Financial Officer, Jay Johnson, will be stepping down from his role effective August 31, 2019, in order to assume the position of Chief Financial Officer of Lamar Advertising Company. Johnson has served as DiamondRock’s Chief Financial Officer since April 1, 2018.

CFO Moves – week ending June 7, 2019

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CFO Moves this week include:

Bristol-Myers Squibb Co. Ducommun Inc. Horizon Global Corporation
Discover Financial Services Clearwater Analytics Outset Medical
Progenity, Inc. BigTime Software, Inc. Kount
CareCloud Sigilon Therapeutics Synovus Financial Corp.
QBE North America Hilco Global Ideal Image MedSpa
The Chemours Company Farmers Insurance Timbers Resorts
ApprioHealth Account Control Technology Holdings Inc. Excel Orthopedic Physical Therapy
Hireology Eisai Inc. Telestax
The Greenbrier Companies Cornerstone Building Brands, Inc. Sun Basket
Shopoff Realty Investments Amyris, Inc. Dixie Brands Inc.
SurveyMonkey

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Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Bristol-Myers Squibb Company (NYSE: BMY) announced that upon completion of the company’s pending merger with Celgene Corporation (NASDAQ: CELG), David Elkins, who is currently the Chief Financial Officer of Celgene, will be appointed the company’s Executive Vice President and Chief Financial Officer. Elkins has a long career in finance, including roles of increasing responsibility at Johnson & Johnson and AstraZeneca and as the Chief Financial Officer of Becton Dickinson. Upon appointment, Elkins will be replacing current CFO, Charles Bancroft who will continue with the company as Executive Lead for Integration, until he retires from the company during 2020 after 35 years of service.

Ducommun Inc. [Santa Ana, California] announced that Douglas L. Groves departed the Company and ceased to serve as Vice President, Chief Financial Officer and Treasurer. In connection with Mr. Groves’ departure, Christopher Wampler, who currently serves as Vice President, Controller and Chief Accounting Officer of the Company, was appointed as the Company’s Interim Chief Financial Officer and Interim Treasurer. Wampler has served as the Company’s Vice President, Controller and Chief Accounting Officer since 2016. Wampler was Vice President and Assistant Controller for several of the Company’s subsidiaries from 2013 to 2015. Wampler was previously the Controller of Just Fabulous, Inc., from 2012 to 2013, and the Division Controller of the A.O. Smith Electrical Products Co. from 2004 to 2012. In addition to serving as interim Chief Financial Officer and Treasurer, Mr. Wampler will continue to serve as Vice President, Controller and Chief Accounting Officer.

Horizon Global Corporation [TROY, MI] (NYSE: HZN) announced it has named Jamie G. Pierson as Chief Financial Officer, effective June 10, 2019. Prior to joining Horizon Global, Pierson served as CFO of PrimeSource Building Products, Inc. Prior to that, he was CFO of YRC Worldwide Inc. Prior to joining YRC Worldwide, he served as Managing Director at Alvarez & Marsal. The Company also announced that Barry Steele, who had been serving as CFO for Horizon Global since February 18, 2019, will be leaving the Company for personal reasons.

Discover Financial Services [RIVERWOODS, IL] (NYSE: DFS) announced that R. Mark Graf, executive vice president and chief financial officer, has informed the company of his intent to retire in 2020. Graf will remain in his current role until a successor is appointed.  to ensure that management and the Board of Directors have the appropriate time to evaluate a full slate of candidates for the company’s next CFO. Graf will participate in the process and will remain an employee of the company until early 2020 to ensure a smooth transition for this critical role.

Clearwater Analytics [BOISE, ID] announced today that Jim Cox has joined as Chief Financial Officer to oversee the company’s global financial operations. Previously, he served as CFO of Glassdoor. Prior to Glassdoor, Jim served as CFO at Lithium Technologies and Advent Software. Earlier in his career, Jim held management positions at the multinational firms UTStarcom and PricewaterhouseCoopers in Ohio, California, and New Zealand.

Outset Medical [SAN JOSE, CA] announced the appointment of Rebecca Chambers as Chief Financial Officer. Chambers joins Outset from Illumina, where she led numerous financial functions including treasury, clinical financial planning and analysis and investor relations (IR). Prior to Illumina, she led IR and corporate communications at Myriad Genetics, as well as various roles at Life Technologies, now part of Thermo Fisher Scientific, Bank of America Merrill Lynch, and Millennium Pharmaceuticals, now Takeda Pharmaceuticals. “

Progenity, Inc. [SAN DIEGO] announced the hire of Eric d’Esparbes as Senior Vice President and Chief Financial Officer (CFO). Most recently, he was the CFO and interim Principal Executive Officer of Innoviva, Inc. Prior to this, he held leadership positions as CFO for Joule Unlimited, Vice President of Finance for global energy company, AEI, Inc., and CFO for Meiya Power Company (now CNG New Energy).

BigTime Software, Inc. [CHICAGO & BOSTON,] announced the addition of Peter Dedes as Chief Financial Officer. Prior to joining Big Time, Dedes was the Chief Financial Officer at Hireology.

Scott Klossner

Kount [BOISE, ID] announced that Scott Klossner has been appointed as Chief Financial Officer. Previously, Klossner served as CFO for Backcountry.com.

Noel Marsden

CareCloud [MIAMI] announced the appointment of Noel Marsden as Chief Financial Officer. Before joining CareCloud, Marsden was SVP, Treasurer & Head of Finance for Logic, Halo and Flex Services at Brightstar Corp. Prior to Brightstar, he held executive roles in finance and treasury at Syneos Health Clinical Solutions, Brightpoint and Aearo Technologies.

Sigilon Therapeutics [CAMBRIDGE, MA] announced the hiring of Glenn Reicin as Chief Financial Officer. Reicin previously served as President and Founder of Greyrock Biomedical Advisors. Prior to Greyrock, Mr. Reicin was a Managing Director at Skyline Ventures. Reicin also worked as Managing Director at Morgan Stanley, heading their Healthcare Equity Research team.

Synovus Financial Corp. [COLUMBUS, GA] (NYSE: SNV) announced the appointment of Jamie Gregory as executive vice president and chief financial officer (CFO), effective June 24. He currently serves as executive vice president and head of corporate financial strategy for Regions Financial Corporation. Gregory succeeds Kevin Blair, who has served as acting CFO since December 2018, when he was appointed chief operating officer of Synovus. Gregory joined Regions in 2009 and served as chief investment officer, assistant treasurer, head of corporate development and profitability, and head of finance and corporate development before being named head of corporate financial strategy earlier this year. Before joining Regions, Gregory was with Wachovia for 10 years, where he held a number of corporate investment and portfolio management positions.

QBE North America [NEW YORK] announced the appointment of Kris Hill as President, Alternative Markets, effective immediately. Hill joined QBE in January 2017 as Chief Financial Officer. Christopher McGrath, Senior Vice President, Financial Planning and Analysis will serve as interim Chief Financial Officer. Prior to joining QBE, McGrath most recently served as Director of Finance for Multinational and Commercial Claims/Operations at AIG after having served as the Global CFO for AIG’s Specialty business worldwide. Before that, he served in various finance leadership roles of increasing responsibility at AIG as well as Aon, Deloitte & Touche and Arthur Andersen.

Ernie Fiorante

Hilco Global [NORTHBROOK, IL] announced that Ernest (Ernie) M. Fiorante has been appointed the new Chief Financial Officer.  Fiorante will be taking over this role from John Chen, who has been managing these duties in addition to his responsibilities as Chief Operating Officer. Since 2016, Fiorante served as Chief Financial Officer at The Inland Real Estate Group LLC. Prior to joining Inland, Mr. Fiorante spent over 20 years holding positions of increasing responsibility at Jones Lang Lasalle Inc., and ultimately serving as JLL’s CFO for the Americas.

Ideal Image MedSpa [TAMPA, FL] announced that Adam Greenberg joined the company as Chief Financial Officer (CFO). Greenberg comes to Ideal Image from Weight Watchers International, where he was the Senior Vice President, Head of US Finance and North America Supply Chain.

The Chemours Company [WILMINGTON, DE] (NYSE: CC) announced the promotion of Mark Newman to the newly created role of chief operating officer. Newman previously served as the company’s chief financial officer. Vice president of business finance and treasurer Sameer Ralhan has been promoted to the position of senior vice president, chief financial officer and treasurer.  Ralhan joined Chemours in November 2014 from Goldman Sachs & Co. where he was a managing director in the Global Natural Resources Group.  He began his career as a chemical engineer and brings chemical industry operating experience from his time at Aspen Technology, Inc.

Thomas Noh

Farmers Insurance [WOODLAND HILLS, CA] announced Thomas Noh, who joined Farmers in 1996, as the new chief financial officer of the Farmers Insurance Exchanges, three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders. Noh is replacing Ron Myhan who is retiring after nearly 40 years of service with Farmers.  Noh has held a number of positions in Finance, having started as a specialist in the accounting department. His most recent position was head of Claims Analytics and Exchange Finance Strategy. Prior to joining Farmers, he worked at Executive Life, Transamerica and Allianz. Noh also served in the United States Army Reserve, retiring as a Lieutenant Colonel, after 24 years as a finance and civil affairs officer.

Sean McLaughlin

Timbers Resorts [WINTER PARK, FL] announced the appointment of Sean McLaughlin as the company’s new Chief Financial Officer. He joins Timbers Resorts from SunGate Capital, LLC, a single-family private equity and investment office where he served as the Chief Investment Officer.  Prior to SunGate Capital, McLaughlin served for ten years as the Chief Investment Officer at CNL Holdings, LLC. In addition to his role at CNL, Mr. McLaughlin simultaneously served the company’s founder in overseeing the activities of JDS Holdings, his private family office. Prior to joining CNL, Mr. McLaughlin served as a Principal for Lockheed Martin Corporation. Before moving to Florida, Sean served as a Global Director for A.T. Kearney, and as the chief financial officer for ActiveSky. Sean started his career at PricewaterhouseCoopers.

ApprioHealth [WASHINGTON] announced the appointment of Dinesh Pai as chief financial officer (CFO). Pai most recently served as vice president of finance for Bon Secours Medical Group Virginia. His vast professional experience includes financial leadership positions at Novant Health, Lehigh Valley Physician Group (LVPG) and other organizations.

Matthew Stauffer

Account Control Technology Holdings Inc. [WOODLAND HILLS, CA] announced the promotion of Matthew Stauffer to Chief Financial Officer (CFO). Stauffer’s career spans more than 25 years, including the last 20 years in financial leadership positions within Convergent’s (an ACT Holdings company) healthcare division. Stauffer joined Convergent in 1999 as Controller over the Peoria, IL, healthcare office. In 2005, Matt was promoted to Director of Finance. Matt was then promoted to SVP Finance and Strategy in 2016.

Excel Orthopedic Physical Therapy [HACKENSACK, NJ] announced that George Merhi has joined the organization as its Chief Financial Officer. Merhi most recently served as chief financial officer for a company providing patient care in the behavioral health industry. Prior to that, he was chief financial officer for a company providing outpatient physical therapy.

Hireology [CHICAGO] announced it has appointed Kevin Knapp as Chief Financial Officer. Knapp previously served as Chief Financial Officer at CareerBuilder LLC for 14 years during which time he also added the Chief Operating Officer title for the final two years. Prior to joining CareerBuilder, Knapp was part of the original leadership team that launched Cars.com, and served as its Vice President of Strategy and Operations. Knapp began his career with KPMG.

Patrick Coyle

Eisai Inc. [WOODCLIFF LAKE, N.J.], the U.S. pharmaceutical subsidiary of Eisai Co., Ltd., announced the appointment of Patrick Coyle as Vice President and Chief Financial Officer (CFO). Before joining Eisai, he served as Vice President, Financial Planning and Analysis at INSMED Inc. Previously, he held positions of increasing responsibility in the Finance departments at Novartis, Bayer HealthCare Pharmaceuticals, Sun Chemical and Computer Horizons Corporation.

Patrick Bonnaure

Telestax [AUSTIN, Texas] announced that Patrick Bonnaure has joined the company as Chief Financial Officer.  Bonnaure brings nearly 20 years of experience in financial operations and leadership for SaaS companies, including TrustRadius

The Greenbrier Companies, Inc. [LAKE OSWEGO, Ore.] (NYSE: GBX) announced that its Senior Vice President and Acting Chief Financial Officer, Adrian Downes, has been appointed Chief Financial Officer.  Before joining Greenbrier in 2013 as its Chief Accounting Officer, he was Executive Vice President and Chief Financial Officer for Knowledge Universe.  Downes previously held various senior financial executive positions of progressively increasing responsibility for Fortune 200 publicly held organizations including SUPERVALU, Albertson’s, Gap, Inc. and Pacific Telesis.  He began his career in public accounting at PricewaterhouseCoopers.

Cornerstone Building Brands, Inc. [CARY, N.C.] (the “Company”) (NYSE: CNR) announced that it appointed Jeffrey S. Lee as Executive Vice President and Chief Financial Officer, effective June 17, 2019. Lee will assume the role from Executive Vice President and Chief Financial Officer Shawn K. Poe, who announced his retirement earlier this year. Mr. Lee currently holds the position of Vice President and Chief Financial Officer of Wilsonart International Holdings LLC.

Sun Basket [SAN FRANCISCO] announced the hire of Chief Financial Officer (CFO), Marc FriendMost recently, Friend was the Chief Financial Officer of PubNub. Before his time at PubNub, Marc was the Chief Operating Officer at Initio. Before his operating roles, Marc was a General Partner at Summit Partners, where Marc led their venture investing practice. Prior to Summit, Marc was a General Partner at US Venture Partners.

Shopoff Realty Investments [IRVINE, Calif.] announced that the company has appointed Edward Morrell as its new chief financial officer. Morrell joined Shopoff Realty Investments in August 2016 and has served as the company’s vice president of financial reporting. Prior to joining Shopoff in 2016, he most recently served as controller for Kairos Investment Management. Previous to this position, Morrell served as controller for LBA Realty.

Amyris, Inc. [EMERYVILLE, Calif.] (NASDAQ: AMRS) announced the appointment of Kathleen Valiasek, formerly Chief Financial Officer, to Chief Business Officer. The company also announced today that it has appointed Jonathan Wolter as Interim CFO. Since 2004 Wolter has served as a partner with FLG Partners where he has been retained as CFO by the boards of multiple public and private companies. Prior to joining FLG, Wolter was International Controller with KPMG Consulting where he also served as CFO of the firm’s Latin America operations. Previously, he held CFO and controller roles with public and private companies and also served as senior audit manager with Arthur Andersen & Co.

Dixie Brands Inc. [DENVER] (CSE: DIXI.U, OTC: DXBRF) announced that Greg Robbins will join the Company as Chief Financial Officer effective June 24th. Mr. Robbins most recently served as Vice President of Finance at the U.S. headquarters of leading energy drinks manufacturer Red Bull.  He held increasingly senior financial management roles at Red Bull North America for more than a decade, culminating in the VP Finance position from 2013-2019. From 2000-2008, Robbins held several financial management positions at multinational communications company Nokia Mobile Phones, including Global Controller, Enterprise Solutions Sales and Marketing. He spent the first six years of his career with Ernst & Young LLP. James Feehan, who has served as Dixie’s Interim CFO since September 2018, will remain with the Company to facilitate an orderly transition.

Debbie Clifford

SurveyMonkey [SAN MATEO, Calif.] (NASDAQ: SVMK) announced that Debbie Clifford will join its leadership team on July 8 as chief financial officer.  Clifford spent the past 13 years in several finance positions at design software company Autodesk, most recently serving as vice president of financial planning and analysis. Prior to Autodesk, she held positions at Virage, Inc. and Ernst & Young. Clifford serves on the boards of Harmonic, and GeoHazards International.

CFO Moves – week ending June 14, 2019

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CFO Moves this week include:

Interpublic Group of Companies Inc. Cherry Hill Mortgage Investment Corporation Keen Decision Systems
Ouster Charah Solutions, Inc. Alliance HealthCare Services, Inc.
Frontier Communications Corporation RRA Capital Payer Compass
One Network Enterprises Thommen Medical USA Kareo
Purple Land Management Revolution Lighting Technologies, Inc. Unum Therapeutics Inc.
MJ Holdings Inc. Pacific Financial Corporation Altimmune, Inc.
IBC Advanced Alloys Corp. Noble Iron Inc. Federal Home Loan Bank of Des Moines
NV5 Global, Inc. Spark Energy, Inc. Vector
Genesco Inc. Renew Financial GreenLight Biosciences, Inc.
Quanex Building Products Corporation Verus International, Inc. Veeam Software

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Ellen Johnson

Interpublic Group [New York] (NYSE: IPG) announced that Frank Mergenthaler, Executive Vice President and Chief Financial Officer, has elected to retire effective December 31, 2019. Mr. Mergenthaler will continue with the company in an advisory role through March 31, 2020. Mr. Mergenthaler became IPG’s Chief Financial Officer in August 2005. The company also announced that Ellen Johnson, currently the company’s Senior Vice President of Finance and Treasurer, and Global Chief Financial Officer of IPG Mediabrands, will succeed Mr. Mergenthaler, to become Interpublic’s Executive Vice President and Chief Financial Officer on January 1, 2020. Ms. Johnson joined IPG’s treasury group in 2000, and prior to that, held senior finance leadership roles at Revlon.

Cherry Hill Mortgage Investment Corporation [FARMINGDALE, NJ] (NYSE: CHMI) announced the promotion of Michael Hutchby to Chief Financial Officer, from Controller. Hutchby succeeds Martin Levine, who will remain in his role as President of Aurora Financial Group, Inc., Cherry Hill’s wholly-owned mortgage servicing subsidiary. Prior to joining Cherry Hill, Hutchby was Vice President of Capital Markets for Freedom Mortgage Corporation, specializing in M&A, corporate development and capital raising. Before Freedom Mortgage, he held multiple positions within the investment banking and financial consulting sectors at Sterne, Agee & Leach, Madison Place Partners and Bank of America Merrill Lynch. Hutchby worked at Sungard Energy Systems (SES) as a Senior Consultant, Product Manager and Quality Assurance Specialist, managing the development, deployment and support of complex energy commodities trading and risk analysis systems.

Keen Decision Systems [DURHAM, NC] announced Ellen Grantham has been named the company’s Chief Financial Officer (CFO). Prior to joining Keen Decision Systems, Grantham served as CFO of K4Connect.

Ouster [SAN FRANCISCO] announced that it has appointed Oliver Hutaff as its first Chief Financial Officer. Hutaff was previously COO/CFO at Electric Imp from 2013 to 2019 and CFO at Roku Inc. from 2010 to 2012.

Charah Solutions, Inc. [LOUISVILLE, KY] (NYSE: CHRA) announced the appointment of Roger D. Shannon as Chief Financial Officer (CFO) and Treasurer, effective June 17, 2019. Current Interim CFO and Treasurer, Nicholas Jacoby, will remain with the Company as Vice President of Finance. Shannon joins Charah Solutions from ADTRAN, where he held various roles including CFO, Senior Vice President of Finance, Treasurer and Head of Corporate Development since 2015. Prior to his time at ADTRAN, Shannon served as CFO and Treasurer for Steel Technologies for more than nine years. Earlier in his career, he performed a variety of senior finance roles at Brown-Forman and British American Tobacco, as well as accounting positions at Vulcan Materials Company, Lexmark International and KPMG.

Alliance HealthCare Services, Inc. [IRVINE, CA] announced the appointment of Bill Larkin as Executive Vice President & Chief Financial Officer. Larkin takes on the chief financial officer role from Rhonda Longmore-Grund, who was promoted to chief executive officer in November of 2018. Over the last ten years, Bill has served as chief financial officer of both public and privately held companies at Fuel Systems Solutions, Westport Innovations and SouthWest Dealer Services Inc.

Frontier Communications Corporation [NORWALK, CT] (NASDAQ: FTR) announced that Sheldon Bruha has been named permanent Chief Financial Officer, effective June 3, 2019. Bruha joined Frontier in February 2018 as Senior Vice President and Treasurer and had been serving as interim Chief Financial Officer since September 1, 2018. Prior to joining Frontier, Bruha’s career in global finance included positions at CDI Corp. and senior financial positions heading corporate finance, treasury, tax, and investor relations for Cable & Wireless Communications in Miami and London. He started his financial career at Lehman Brothers, and held senior investment banking positions in its New York and London offices, focusing on the telecommunications industry.

RRA Capital [PHOENIX] named Bill Stasiulatis as Chief Financial Officer. Stasiulatis joins RRA Capital after 20 years at Torchlight Investors, where he served as a Partner and Portfolio Manager, as well as a member of the Board of Directors, Operating Committee, and Investment Committee.

Payer Compass [PLANO, TX] announced the appointment of Matthew Thompson as Chief Financial Officer. Thompson most recently served as CFO of HealthSmart Holdings. Prior to that, he served as CFO of American CareSource Holdings, Inc. He also held financial management positions with Tyler Technologies, Inc. and started his career with Ernst & Young LLP.

One Network Enterprises [DALLAS, Texas] announced that Robert Curry has been named chief financial officer (CFO). Prior to joining One Network, Robert served as Managing Director for vcfo. Previously, he held CFO and COO positions with a variety of companies, such as ThinkTank, Inc., ProofHQ Limited, Adgile, Inc., and HRSmart, Inc. He started his career as an auditor and tax accountant with Ernst & Young.

Thommen Medical USA [CLEVELAND, Ohio] announced that Joe Galea has joined as Chief Financial Officer, Vice President of Finance and Operations.  Galea was most recently the Corporate Controller of a durable medical equipment company in the Cleveland area.

Kareo [IRVINE, CA]announced the appointment of David Justus to chief financial officer. Prior to joining Kareo, Justus served as CFO of Avetta. Prior to that, he was CFO of The Retail Equation.

Gregg Taylor

Purple Land Management [FORT WORTH, TX] announced the addition of Gregg Taylor as Chief Financial Officer (CFO). Most recently, Taylor served as Vice President, Chief Accounting Officer and Treasurer for Energy Alloys. He also served as Vice President of Finance and Chief Accounting Officer for GSE Environmental.

Revolution Lighting Technologies, Inc. [STAMFORD, CT] (NASDAQ: RVLT) announced that Joan Nano has agreed to serve as the Company’s Chief Financial Officer, effective as of June 14, 2019. Nano has served as a financial consultant to the Company since March 27, 2019. Prior to joining the Company, Ms. Nano served as Managing Director of Finance Solutions, LLC, since 2008. From 2001 to 2007, Nano served as the Vice President, Controller and Chief Accounting Officer at Crane Co.

Unum Therapeutics Inc. [CAMBRIDGE, MA] (NASDAQ: UMRX) announced that Matthew Osborne will be joining as Chief Financial Officer, effective June 24, 2019. Most recently, he was vice president of corporate affairs, communications and investor relations at Voyager Therapeutics, and he also served as global head of investor relations at Shire plc (now Takeda) during its acquisitions of Baxalta Inc. and Dyax Corp., vice president of corporate communications and investor relations at Synageva BioPharma from its public inception through its acquisition by Alexion Pharmaceuticals, and investor relations at Vertex Pharmaceuticals as part of an Institutional Investor highly-ranked investor relations team. He also worked on Wall Street at Lazard Capital Markets and Leerink Swann (now SVB Leerink).

MJ Holdings Inc. [LAS VEGAS, NV] (OTC: MJNE) appointed Laurence Ruhe as its new Chief Financial Officer.  Ruhe joins MJ Holdings with over 30 years of finance experience, most recently as the CFO of Freedom Leaf. Ruhe previously held senior finance positions at BMM International, Progressive Gaming and Konami Gaming. Mr. Ruhe has also worked in international banking, including positions at Wells Fargo, Deutsche Bank and Banca CRT. Ruhe is replacing Rocky Wheeler who resigned from the Company at the end of May.

Pacific Financial Corporation [ABERDEEN, Washington] (OTCQB: PFLC), the holding company for Bank of the Pacific, announced that Douglas Biddle will retire from his position as Executive Vice President and Chief Financial Officer, effective August 31, 2019.

Altimmune, Inc. [GAITHERSBURG, MD] (NASDAQ: ALT) announced it has appointed Will Brown as Chief Financial Officer. Brown has been serving as the Acting Chief Financial Officer since May 2018. Brown has been a consultant to several private and public companies in a variety of accounting and tax matters both independently and as the managing partner of Redmont CPAs. Prior to his consulting role, he was an audit manager at PwC and a Division Controller at Rheem.

IBC Advanced Alloys Corp. [FRANKLIN, Indiana] (TSX-V: IB, OTCQB: IAALF) announced the appointment of Toni Wendel to the position of Chief Financial Officer (“CFO”) and Corporate Secretary.  Ms. Wendel has served as IBC’s Corporate Controller since December of 2018, and replaces James Taylor, who has served as IBC’s Interim CFO since January of 2018.  Before serving as IBC’s Corporate Controller, Ms. Wendel served as Chief Financial Officer and Corporate Treasurer for North American operations for PMG Corp., a joint venture of the powder metal divisions of Plansee and Mitsubishi Materials Global.  Prior to that, she spent 15 years in various positions overseeing the finance activities of Diamet Corporation, a wholly owned subsidiary of Mitsubishi Materials.

Noble Iron Inc. [SAN FRANCISCO] (TSX-V: NIR) announced the appointment of Mariam Chaudhry as the company’s Chief Financial Officer. Mariam joined Noble Iron as a Controller in November 2018, and previously worked in senior finance roles at companies in business process outsourcing, digital media, real estate and property management.

Federal Home Loan Bank of Des Moines [DES MOINES, IA] announced the promotion of Joelyn Jensen-Marren who was named Chief Financial Officer (CFO). The change in leadership follows an announcement made earlier this year that Joseph E. Amato, executive vice president and CFO, will be leaving the Bank. Jensen-Marren has been a part of the FHLB Des Moines team for the last 20 years. Her previous responsibilities included supporting the mortgage lending and other needs of members, including risk management. She began her tenure with the Bank as a Senior Risk Analyst and has experience in market risk, financial risk and most recently portfolio strategy.

NV5 Global, Inc. [HOLLYWOOD, FL] (NASDAQ: NVEE) announced the appointment of Edward Codispoti as Chief Financial Officer (CFO).

Spark Energy, Inc. [HOUSTON, TX] (NASDAQ: SPKE) announced the appointment of James G. Jones II as Chief Financial Officer of the Company, following Mr. Jones’ resignation from Spark’s Board. He will also assume the role of Spark’s Chief Risk Officer. Jones and has served on Spark’s Board and chaired the Audit Committee and Special Committee since our IPO in 2014..

Stephanie Koster

Vector [TUCSON, AZ] announced Stephanie Koster will join the team as Chief Financial Officer (CFO). Koster joins Vector from Blue Origin where she spent nearly seven years as Director and Treasurer of its domestic and international affiliates. Koster has also held senior leadership roles at The Boeing Company.

Mel Tucker

Genesco Inc. [NASHVILLE, TN] (NYSE: GCO) announced that it has appointed Mel Tucker senior vice president of finance and chief financial officer, effective June 24, 2019.  Tucker succeeds Mimi E. Vaughn, who recently was promoted to chief operating officer.  Most recently, Tucker served as chief financial officer of New York-based Century 21 Department Stores. In addition, he was chief financial officer at Bass Pro Shops, senior vice president of finance with PetSmart, and vice president of financial planning and analysis with Circuit City.  He began his career with Home Depot where he held various progressively more responsible corporate accounting and finance positions from 1990 to 2005, including vice president of finance.

Renew Financial [OAKLAND, CA] announced that Mary Kathryn Lynch, who was previously serving as Renew Financial’s Executive Vice President of Finance, was officially named Chief Financial Officer (CFO). Lynch spent ten years in the clean energy industry, working with organizations such as Sunrun and VoteSolar. Prior to that, she worked at UBS Investment Bank, Credit Suisse and Deutsche Bank, as well as other institutions.

GreenLight Biosciences, Inc. [MEDFORD, MA] welcomes Susan Keefe as chief financial officer. Most recently, she served as financial consultant to a range of life science companies with Danforth Advisors. For five years, Susan worked with Aushon Biosystems, Inc., as vice president of finance and administration and corporate treasurer. Her experience also includes roles at SeraCare Life Sciences, Inc., Procter & Gamble, and PwC.

Quanex Building Products Corporation [HOUSTON, TX] (NYSE: NX) announced that Scott M. Zuehlke, the Company’s current Vice President – Investor Relations and Treasurer, has been named interim Chief Financial Officer, replacing Brent L. Korb.

Verus International, Inc. [GAITHERSBURG, MD] (OTC: VRUS) announced that Christopher Cutchens has been appointed as the Company’s Chief Financial Officer. Most recently, Chris served as the Managing Partner of Cutchens Group, LLC, and Chief Operating Officer and Chief Financial Officer of DirectView Holdings, Inc. In addition, Chris has served in various leadership positions at private companies, including: Executive Vice President, Chief Operating Officer and Financial Officer of MidAmerica Administrative & Retirement Solutions, LLC; and Executive Vice President and Chief Financial Officer of Aspire Financial Services, LLC. Chris has also held various leadership positions at public companies, including: Corporate Controller of Watsco, Inc.; and Director of Corporate Accounting and Financial Reporting at MarineMax, Inc.

Chuck Garner

Veeam® Software [BAAR, Switzerland and ATLANTA, Georgia] announced that it has appointed Charles O. Garner as its new Chief Financial Officer (CFO).  Before joining Veeam, Mr. Garner served as the CFO of Blackhawk Network. Mr. Garner’s experience includes having served as: the CFO and later the Chief Strategy and Transformation Officer of MedAssets; a management consultant with Bain & Company; and, in software design and business development roles at American Management Systems (now CGI).

CFO Moves – week ending June 21, 2019

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CFO Moves this week include:

Sealed Air Corporation Marathon Petroleum Corp. Meritage Midstream
Baretz+Brunelle Zimmer Biomet Holdings, Inc. Distribution Realty Group
Waldrop Engineering Digital Guardian Tapestry, Inc.
EXUMA Biotechnology Williams Lea Favor
Neato Robotics Falcon Minerals Corporation F-star Therapeutics Ltd
NEO Tech HBC TTN Fleet Solutions
Navy Federal Credit Union WASH Multifamily Laundry Systems Modernize
Monotype Imaging Holdings Inc. NovaBay® Pharmaceuticals, Inc. Air T, Inc.
Berry Companies, Inc.

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Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Sealed Air Corporation [CHARLOTTE, N.C.] (NYSE: SEE) announced it has appointed James M. Sullivan as Chief Financial Officer. Sullivan most recently served as the Executive Vice President and CFO of Joy Global from 2012 to 2017. He previously served as the CFO of Solutia from 2004 until its acquisition by Eastman Chemical Company in 2012. Prior to that, Sullivan spent five years as Solutia’s Vice President and Controller. He currently serves on the Board of Directors of Jason Industries. The Company also announced that its Board of Directors has terminated the employment of William G. Stiehl as Chief Financial Officer for cause.

Marathon Petroleum Corp. [FINDLAY, Ohio] (NYSE: MPC) announced that Donald C. Templin, currently MPC’s president of Refining, Marketing and Supply, has been appointed executive vice president and chief financial officer, effective July 1. Templin replaces Timothy T. Griffith as chief financial officer, after Griffith was appointed president of MPC subsidiary Speedway LLC. Templin joined the company as senior vice president and chief financial officer in 2011, and also became chief financial officer of MPLX GP LLC in 2012. Since 2015, he has led segments of MPC’s commercial business, most recently serving as president of Refining, Marketing and Supply since 2018, and as President of MPLX GP LLC from 2016 to 2017.

Matthew DeNezza

Meritage Midstream [DENVER] announced that Matthew DeNezza has joined the company as chief financial officer. DeNezza joined Meritage after serving approximately six years as chief financial officer at Eclipse Resources Corporation. Prior to Eclipse, he served in the Global Natural Resources Group at Deutsche Bank Securities.

Anthony Tramontana

Baretz+Brunelle [NEW YORK] announced the hiring of Anthony Tramontana as its chief financial officer. Tramontana most recently was worldwide controller at WPP Coretech, a business unit of the publicly owned agency holding company WPP. Tramontana began his career at the international accounting and consulting firm BDO (Seidman) and later became executive vice president at Havas Health.

Zimmer Biomet Holdings, Inc. [WARSAW, Ind.] (NYSE: ZBH) announced that Daniel P. Florin will be retiring as Executive Vice President and Chief Financial Officer of the Company, effective July 1, 2019. Suketu (Suky) Upadhyay has been appointed to succeed Mr. Florin. Upadhyay currently serves as Senior Vice President, Global Financial Operations of Bristol-Myers Squibb. Prior to that, he served as Executive Vice President, Chief Financial Officer at Endo International. In addition, Mr. Upadhyay previously held leadership positions at Becton Dickinson & Company as Controller and Chief Accounting Officer and as Interim Chief Financial Officer. He has also held leadership roles with Johnson & Johnson and AstraZeneca.

Distribution Realty Group (DRG) [NASHVILLE, TENN.] announced that Nichole Ocepek has joined the firm as Chief Financial Officer. Prior to joining DRG, Ms. Ocepek began her career in public accounting with RSM McGladrey before moving on to become the CFO of the Arena Football League. Most recently, Nichole was the CFO/Co-Founder of Loom Decor, which was sold in 2018.

Kevin J. Deardorff

Waldrop Engineering [BONITA SPRINGS, FLA.] announced the addition of Kevin J. Deardorff as Chief Financial Officer to the team. Kevin has more than 17 years of professional experience working with developers, contractors, and professional consultants throughout the state of Florida.

Digital Guardian [WALTHAM, Mass.] announced the appointment of Susan Walker as Chief Financial Officer (CFO). Walker joins from Telestream, where she held dual roles as CFO and chief operating officer. Before that, she served CFO/finance roles at Avention, Aspen Aerogels and Novell.

Joanne C. Crevoiserat

Tapestry, Inc. [NEW YORK] (NYSE: TPR) announced the appointment of Joanne C. Crevoiserat, as Chief Financial Officer, effective August 1, 2019. Crevoiserat joins from Abercrombie & Fitch Co., where she served as Executive Vice President and Chief Operating Officer from February 2017 to June 2019. She joined Abercrombie & Fitch in May 2014 as Chief Financial Officer. Prior to joining Abercrombie & Fitch, she served in a number of senior management roles at Kohl’s Inc. including Executive Vice President of Finance and Executive Vice President of Merchandise Planning and Allocation. Prior to her time with Kohl’s, Ms. Crevoiserat held senior finance positions with Wal-Mart Stores and May Department Stores, including Chief Financial Officer of the Filene’s, Foley’s and Famous-Barr Brands. Ms. Crevoiserat replaces Kevin Wills, who departed from Tapestry in February 2019. Andrea Shaw Resnick, who has held the position of Interim CFO since that time, will continue as Global Head of Investor Relations and Corporate Communications.

EXUMA Biotechnology [SHANGHAI & WEST PALM BEACH, Fla.] announced the expansion of its leadership team with the appointment of James Samuels as Chief Financial Officer. Most recently, he served as the CFO of Vetsource. Previously, he served as the CFO of Fusheng Industrial. Additionally, he has held various CFO roles at Johnson & Johnson operating companies in Asia-Pacific in the areas of medical devices, diagnostics and pharmaceuticals. Prior to leaving Johnson & Johnson, Samuels served as CFO of Xian-Janssen, Johnson & Johnson’s pharmaceutical joint-venture in China.

Williams Lea [NEW YORK] announced the appointment of Dan O’Brien as Chief Financial Officer. O’Brien most recently served as Global CFO for Sterling Talent Solutions.  Prior to Sterling, he held CFO roles with Jackson Hewett, Hawaiian Telecom, Global Crossing, Genuity Corporation and GTE.

Favor [AUSTIN, Texas] announced the promotion of Steven Pho to president from chief financial officer and chief operating officer.

Neato Robotics [NEWARK, Calif.] announced the appointment of Bruce McAllister as the new CFO. Previously, McAllister held leadership positions at Zepp International (acquired by Huami), Evergreen Data Systems, Parts Distribution Services (acquired by GPC) and Sensiba San Filippo, LLP as a CPA and consultant.  McAllister has been acting Interim Chief Financial Officer at Neato since March 2019.

Falcon Minerals Corporation [NEW YORK] (NASDAQ: FLMN, FLMNW) announced that the Company has appointed Bryan C. Gunderson as its Chief Financial Officer. Mr. Gunderson most recently served as Executive Vice President – Finance of Nine Point Energy. Prior to Nine Point Energy, Mr. Gunderson served as Vice President of the Office of the CEO of Triangle Petroleum. Gunderson also previously served as an Associate in the Energy Financial Services division of General Electric and as a Financial Analyst in the Global Upstream division of Chevron. Jeffrey F. Brotman, the Company’s current Chief Financial Officer, Chief Legal Officer and Secretary, has stepped down as Chief Financial Officer and will continue to serve as the Company’s Chief Legal Officer and Secretary.

F-star Therapeutics Ltd. [CAMBRIDGE, England & CAMBRIDGE, Mass.] announced the appointment of Darlene Deptula-Hicks as Chief Financial Officer (CFO), succeeding Tolga Hassan, who is appointed to serve as F-star’s Chief Operating Officer. Deptula-Hicks joins F-star from Northern Biologics, Inc. Previously, Darlene held CFO positions across both private and publicly listed US companies, including Pieris Pharmaceuticals Inc., Microline Surgical Inc. and T2 Biosystems Inc.

NEO Tech [CHATSWORTH, Calif.] announced the appointment of David Martin joins the NEO Tech organization as its new Chief Financial Officer. Martin previously served as CFO for Dimensional Fund Advisors, Janus Capital Group, and several additional banking roles and brings over 30 years of experience to the position.

HBC [TORONTO & NEW YORK] (TSX: HBC) announced that its Chief Financial Officer Ed Record will be taking a medical leave of absence. In his absence, the company has appointed Becky Roof as Interim CFO. Roof is currently a managing director at the global consulting firm AlixPartners, LLP.

TTN Fleet Solutions [ARGYLE, Texas] , announced the hiring of Todd Neiberger as Chief Financial Officer. Prior to joining TTN, Neiberger served for seven years as Chief Financial Officer of Magpul Industries. Prior to Magpul Industries, Todd was the Chief Financial Officer of Kroll Factual Data for 16 years.

Debbie Freeman

Navy Federal Credit Union [VIENNA, Va.] announced that Debbie Freeman has been named chief financial officer. Freeman started her career at Navy Federal nearly 20 years ago. Most recently, Freeman served as senior VP for financial operations, and before that she served in a variety of positions including senior financial accountant, assistant vice president of credit card lending and vice president of corporate accounting.

Arthur J. Long

WASH Multifamily Laundry Systems [EL SEGUNDO, Calif.] announced the appointment of Arthur J. (AJ) Long as chief financial officer (CFO). Prior to joining WASH, Long held several executive leadership roles with companies such as Pricewaterhouse Coopers, Mitchell International, Qualcomm Incorporated, Sprint Corporation and General Dynamics. Most recently, he was Chief Financial Officer at Kellermeyer Bergensons Services.

Bob Bearden

Modernize [AUSTIN, Texas] appointed Bob Bearden as Chief Financial Officer.

Monotype Imaging Holdings Inc. [WOBURN, Mass.] (NASDAQ: TYPE) announced that Anthony Callini will step down effective July 1, 2019, as Executive Vice President and Chief Financial Officer to serve as Chief Financial Officer at a private company. Christopher Brooks, Monotype’s Senior Vice President, Finance will assume the role of Chief Financial Officer on an interim basis. Brooks, Senior Vice President, has served as the Company’s Vice President, Finance and Investor Relations since 2016, as the Company’s Senior Director, Financial Planning and Analysis and Investor Relations from 2015 to 2016, as the Company’s Director, Financial Planning and Analysis from 2008 to 2014, and as the Company’s Financial Planning and Analysis Manager from 2005 to 2008.

NovaBay® Pharmaceuticals, Inc. [EMERYVILLE, Calif.] (NYSE American: NBY) announced the appointment of Jason Raleigh as Chief Financial Officer. Raleigh has served as interim CFO since March 2019. Raleigh has been with NovaBay for more than three years and has nearly 20 years of financial experience.

Air T, Inc. [MINNEAPOLIS and DENVER] (NASDAQ: AIRT) announced that it has appointed Brian Ochocki as Chief Financial Officer and Principal Financial Officer, effective July 8, 2019. Ochocki previously served for seven years in various finance positions at Northwest Airlines, Inc. before working with Holiday Companies for 13 years in both finance and operational roles.  Prior to these positions, Mr. Ochocki was at Goldman, Sachs & Co. and KPMG.

Greg Joerg

Berry Companies, Inc. [WICHITA, Kan.] announced the addition of Greg Joerg to the position of Chief Financial Officer. Joerg most recently owned his own consulting firm. Prior to consulting, Joerg served a combined total of 20 years at Koch Industries, Koch Business Solutions, Flint Hills Resources, and Koch Materials.

CFO Moves – week ending June 28, 2019

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CFO Moves this week include:

Roadrunner Transportation Systems, Inc. CSS Industries, Inc. InsideSales.com
Williams Industrial Services Group Inc. Yum! Brands, Inc. InvenTrust Properties Corp.
HSBC North America Holdings Inc. GAN Integrity Apple Hospitality REIT, Inc.
Merchant Investment Management CureMatch Elios Therapeutics, LLC
Big Lots, Inc. PDL BioPharma, Inc. Shutterstock, Inc.
Vista Gold Corp. Hemispherx Biopharma, Inc. Globus Medical
Independent Bank Corporation Energy Focus, Inc. Trevena Inc.
Teladoc Health, Inc. Integra LifeSciences Holdings Corporation Shenandoah Telecommunications Company
Innovate Biopharmaceuticals, Inc Morae Global Corporation Market Force Information
Ouster Robomart Impel NeuroPharma
Orrstown Financial Services, Inc. Leaf Home Solutions Dyadic International, Inc.
Artivest ComplySci MSA Security

Would you like to receive our weekly CFO Moves directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Roadrunner Transportation Systems, Inc. [DOWNERS GROVE, IL] (NYSE: RRTS) announced that Terence R. Rogers, Executive Vice President and Chief Financial Officer, is resigning from the company effective at the end of August.

CSS Industries, Inc. [PLYMOUTH MEETING, PA] (NYSE: CSS) announced the resignation of Keith W. Pfeil as the Company’s Chief Financial Officer, effective August 2, 2019. Mr. Pfeil is leaving the Company to become the chief financial officer for a larger, publicly traded company in the medical device industry.

InsideSales.com [SILICON SLOPES, UT] announced the appointment of John Markovich as Chief Financial Officer. Prior to joining InsideSales.com, Markovich was the CFO of OmniGuide Holdings, Inc. and previously held CFO positions at Veritone, Inc., NanoH2O, Inc., EMCORE Corporation, Pictos Technologies, Optical Coating Laboratories, and AutoByTel.com.

Williams Industrial Services Group Inc. [ATLANTA, GEORGIA] (OTCQX: WLMS) announced that its chief financial officer, Tim Howsman, has retired to spend more time with his family at home in Arkansas. Tracy Pagliara, President and CEO, has been appointed interim Chief Financial Officer. Pagliara began his career in public accounting. During the last 20 years, he has been an officer for multiple public companies, including his service in various executive roles with the Company since April 2010. He also currently serves as a director for the Company and Westwater Resources (NASDAQ: WWR), where he is a member of its Audit, Compensation and Nominating and Corporate Governance Committees.

Chris Turner

Yum! Brands, Inc. [LOUISVILLE, KY] (NYSE: YUM)  announced that Chris Turner will join the Company as Chief Financial Officer, effective August 8, 2019. Turner joins Yum! Brands from PepsiCo, where he most recently served as Senior Vice President and General Manager leading PepsiCo’s retail and ecommerce businesses with Walmart in the U.S. and more than 25 countries and across PepsiCo’s brands in the beverage, snack and nutrition categories. Prior to leading PepsiCo’s Walmart business, Turner served as Senior Vice President of Transformation for PepsiCo’s Frito-Lay North America business. Previously, he led the long-term strategic planning processes related to growth acceleration, category expansion and M&A as Senior Vice President of Strategy for Frito-Lay. Chris previously spent more than 13 years at McKinsey & Company, where he served as a Partner in the firm’s Dallas office.

Daniel J. Busch

InvenTrust Properties Corp. [DOWNERS GROVE, IL] announced that Daniel J. Busch has been appointed Executive Vice President, Chief Financial Officer and Treasurer, effective September 3, 2019. Adam M. Jaworski, who has served as the Company’s Interim Principal Financial Officer since August 2018, will continue in his role as Senior Vice President, Chief Accounting Officer. Busch most recently served as Managing Director, Retail at Green Street Advisors. Prior to serving as Managing Director, Mr. Busch served in increasingly senior roles at Green Street. Previously, Mr. Busch served as an equity research analyst at Telsey Advisory Group and worked in a corporate capacity at Petco Animal Supplies Inc.

HSBC North America Holdings Inc. [NEW YORK] announced the appointment of Kavita Mahtani as Chief Financial Officer. The appointment is effective Oct. 1, 2019. Mahtani joins HSBC from Citigroup, where she has most recently served as Head of Asset and Liability Management for Citi Corporate Treasury. She has held a number of significant strategic roles at Citigroup, including Chief Financial Officer, Global Corporate & Investment Banking; Global Head of Financial Planning and Analysis; and Director, Investor Relations. Before joining Citigroup in 2006, she held key roles at Merrill Lynch and Morgan Stanley.

Marty Meyer

GAN Integrity [NEW YORK] announced Marty Meyer as its new Chief Financial Officer (CFO). Meyer joins GAN Integrity after serving as CFO at Sailthru. Meyer additionally served as CFO at Shapeways, President at Corero Network Security, and as Vice President and COO at ExtendMedia Corporation.

Apple Hospitality REIT, Inc. [RICHMOND, VA] (NYSE: APLE) announced the appointment of Rachael Rothman to the position of Executive Vice President and Chief Financial Officer for the Company. Rothman will succeed Bryan Peery as Executive Vice President and Chief Financial Officer. As previously announced, Mr. Peery plans to retire from the Company in the first quarter of 2020. Mr. Peery will continue as Executive Vice President and, effective July 1, 2019, will become Chief Accounting Officer for the Company. Rothman most recently served as Senior Vice President, Investor Relations and Strategy for Playa Hotels & Resorts N.V. From 2010 until 2018, Ms. Rothman served as a Senior Analyst for Susquehanna International Group, LLP (“SIG”). Prior to joining SIG, she held several positions of increasing responsibility within Merrill Lynch & Co., Inc. covering various public lodging, restaurant and gaming companies. Ms. Rothman’s career began in the lodging industry, where she held various roles in hotel operations, including general manager.

Merchant Investment Management [NEW YORK] announced that Amit Grover will join the private partnership as Chief Financial Officer. Grover has 20 years of experience in the financial services industry during which he has held various management positions at firms including Dynasty Financial Partners, Morgan Stanley, Smith Barney and Citibank.

CureMatch [SAN DIEGO] announced that Katie Breitenbach has joined as chief financial officer. Breitenbach has held positions as CFO, VP of finance, and director of finance.

Elios Therapeutics, LLC [AUSTIN, TX] announced the appointment of Phillip Johnson as chief financial officer. Johnson joins Elios after having served as an executive and consultant for a number of publicly traded, privately held, private equity and pre-IPO companies. Prior to consulting, Mr. Johnson served as chief financial officer for Xeris Pharmaceuticals. Prior to Xeris, Mr. Johnson was vice president and corporate controller at ArthroCare Corporation. Earlier in his career, he served in several key finance and leadership roles at Maverick Tube Corporation, SAVI, LLC and Primary Webworks.

Big Lots, Inc. [COLUMBUS, OH] (NYSE: BIG) announced that Jonathan Ramsden has been appointed Executive Vice President, Chief Financial and Administrative Officer, effective August 5, 2019. Ramsden will succeed Timothy A. Johnson, who will transition away from his roles effective August 5, 2019, to pursue other opportunities. Ramsden spent over seven years with Abercrombie & Fitch Co., joining as Chief Financial Officer in 2008 and later serving as the company’s Chief Operating Officer. Prior to A&F, he spent ten years as Chief Financial Officer of TBWA Worldwide, a global marketing services group, after having served as Controller of TBWA’s parent, the Omnicom Group Inc.

PDL BioPharma, Inc. [INCLINE VILLAGE, NV] (NASDAQ: PDLI) announced the resignation of Chief Financial Officer, Peter Garcia, who will be leaving the Company effective August 15, 2019.

Shutterstock, Inc. [NEW YORK] (NYSE: SSTK) announced that Co-Chief Operating Officer and Chief Financial Officer Steven Berns will depart from his roles at Shutterstock to pursue other opportunities. The Company’s Chief Accounting Officer, Steve Ciardiello has been appointed to the role of interim Chief Financial Officer.

Vista Gold Corp. [DENVER, COLORADO] (TSX & NYSE American: VGZ) announced the appointment of Douglas Tobler as Chief Financial Officer of the Company. He succeeds Jack Engele, who is retiring as Sr. Vice President and Chief Financial Officer, following 6 ½ years of service with the Company. Tobler most recently was CFO of Lydian International. Prior to Lydian, Tobler was CFO of Alacer Gold Corp.

Hemispherx Biopharma, Inc. [OCALA, Fla.] (NYSE American: HEB) announced that Adam Pascale is retiring from the position of Chief Financial Officer after nearly a quarter century with the company. Pascale joined Hemispherx in 1995 as an accounting manager, rising to the position of Chief Accounting Officer before being named CFO in 2016.

Globus Medical [AUDUBON, PA] (NYSE: GMED) announced the appointment of Keith W. Pfeil as its Senior Vice President and Chief Financial Officer effective August 19, 2019. Pfeil joins Globus Medical after almost 16 years at CSS Industries, most recently as Executive Vice President and Chief Financial Officer.

Independent Bank Corporation [GRAND RAPIDS, MI] (NASDAQ: IBCP), the holding company of Independent Bank, announced that Robert Shuster, the Executive Vice President and Chief Financial Officer of the Corporation and the Bank, has notified the organization of his intention to retire on or about Jan. 31, 2020. Mr. Shuster has served as the Chief Financial Officer since May 2001 and prior to that served as the President and CEO of a subsidiary bank of the Corporation from September 1999 to May 2001.  Mr. Shuster first joined Independent Bank Corporation in September 1999, when the Corporation acquired Mutual Savings Bank, where he had served as President and CEO since November 1994.

Energy Focus, Inc. [SOLON, OH] (NASDAQ: EFOI) announced that Tod A. Nestor joined the company as its President, Chief Financial Officer and Secretary. From 2017 to 2018, Mr. Nestor served as Executive Vice President and Chief Financial Officer of Alumni Ventures Group. Between 2013 and 2016, Mr. Nestor served as the Chief Financial Officer of Merchants Automotive Group, Inc. Previously, Mr. Nestor also served as Senior Vice President and Chief Financial Officer of The Penn Traffic Company, and Chief Financial Officer for Fairway Holdings Corp. Earlier in his career, Nestor held other senior leadership roles across a wide array of functions in large organizations such as American Eagle Outfitters, HJ Heinz, and WR Grace.

Trevena Inc. [CHESTERBROOK, PA] (NASDAQ: TRVN) announced the appointment of Barry Shin as Chief Financial Officer. Shin was previously Managing Director in the Healthcare Investment Banking Group at Mizuho Securities.  Prior to joining Mizuho Securities, he was a Managing Director in Guggenheim Securities’ Healthcare Investment Banking Group from 2012 to 2017.  From 2005 to 2012, he served in positions of increasing responsibility within the Healthcare Investment Banking Group of Piper Jaffray.  From 2001 to 2005, he advised healthcare and technology companies in financing and M&A transactions as a corporate attorney.

Mala Murthy

Teladoc Health, Inc. [PURCHASE, NY] (NYSE: TDOC) announced that it has named Mala Murthy as chief financial officer. Most recently, Murthy was CFO of the Global Commercial Services Segment of American Express. Prior to that, she held various leadership positions with PepsiCo, most notably leading high growth business units with oversight of financial planning and analysis, corporate and international treasury, and corporate strategy.

Carrie Anderson

Integra LifeSciences Holdings Corporation [PLAINSBORO, N.J.] announced the promotion of Glenn Coleman to the newly-created role of chief operating officer (COO) and appointed Carrie Anderson as chief financial officer (CFO). Coleman most recently served as CFO and corporate vice president, responsible for Integra’s international business.  In this role, Mr. Coleman oversaw accounting and financial reporting, budgeting, internal audit, tax, treasury, investor relations and IT while also leading our international business.  Prior to joining Integra as CFO in 2014, Glenn spent 25 years in financial management positions of increasing responsibility with leading global businesses, including Curtiss-Wright and Alcatel-Lucent. Anderson most recently served as chief accounting officer and corporate controller at Dover Corporation. In addition, she served as chief financial officer for two of Dover’s multi-billion dollar segments.  Prior to Dover Corporation, Ms. Anderson spent over a decade at Aptiv (formerly Delphi), serving in various finance functions, including capital planning and investor relations, and ultimately, global segment chief financial officer.  She began her career with General Motors in 1991.

Shenandoah Telecommunications Company (Shentel) [EDINBURG, VA] (NASDAQ: SHEN) announced that Jim Volk has joined the Company as Senior Vice President and Chief Financial Officer.  Volk most recently served as Vice President, Finance and Investor Relations of Uniti Group Inc., from 2016 to 2018.  Prior to joining Uniti, he served as Chief Financial Officer of multiple public and private telecommunications companies, including PEG Bandwidth from 2012 to 2016, Hargray Communications Group from 2010 to 2012, and UbiquiTel Inc. from 2001 to 2006.  He previously held senior finance positions with AT&T (formerly Cingular Wireless and SBC Wireless) and Comcast. Volk began his professional career as a Senior Accountant with Deloitte.

Ed Sitar

Innovate Biopharmaceuticals, Inc [RALEIGH, NC] (NASDAQ: INNT) announced the appointment of Ed Sitar as its Chief Financial Officer. Most recently, Sitar was the chief financial officer of Ammon Labs and Cancer Genetics. He previously has served as the financial leader for a variety of other healthcare companies, including ActiveHealth Management and Cadent Holdings.

Morae Global Corporation [HOUSTON, TEXAS] announced James Rojas has been named Chief Operating Officer and Chief Financial Officer. Rojas spent the first 15 years of his career as a consultant and transitioned into senior leadership roles at companies, including Huron Consulting Group, HBR, US Foodservice and Stop & Shop and Giant grocery chains.

John Scott

Market Force Information [PEACHTREE CORNERS, GA] announced that it has appointed John Scott as its Chief Financial Officer. Scott was most recently the CFO for Network Twentyone International.

Ouster [SAN FRANCISCO] announced that it has appointed Oliver Hutaff as its first Chief Financial Officer.  Hutaff was previously COO/CFO at Electric Imp from 2013 to 2019 and CFO at Roku Inc. from 2010 to 2012.

Edward Kinsey

Robomart [MILPITAS, Calif.] announced the addition of Edward P. Kinsey to the role of CFO. Kinsey is a serial entrepreneur and senior executive. He was the co-founding CFO of e-commerce giant Ariba. Kinsey most recently served on the Advisory Board of Docusign.

Impel NeuroPharma [SEATTLE] announced the appointment of John Leaman as the Company’s Chief Financial Officer. Leaman most recently served as the Chief Financial Officer and Head of Corporate Development at Selecta Biosciences. His prior appointments include serving as Head of Corporate Development at InfaCare Pharmaceutical Corp., Chief Financial Officer of Medgenics Inc., and senior roles at Shire plc. and Devon Park Bioventures. John began his career serving a range of life sciences companies as an Associate Principal at McKinsey & Company.

Orrstown Financial Services, Inc. [SHIPPENSBURG, PA] (NASDAQ: ORRF), the parent company of Orrstown Bank and Wheatland Advisors, Inc., announced that Thomas R. Brugger will join the Company and the Bank as Executive Vice President and Chief Financial Officer effective July 15, 2019. Most recently, Brugger served as the Chief Financial Officer of Sun National Bank and, prior to his approximately six year tenure at Sun National, served as CFO of Customers Bank, following 15 years as EVP/Corporate Treasurer of Sovereign Bank (now Santander).

Chris Nagel

Leaf Home Solutions [HUDSON, Ohio] announced the appointment of Christopher Nagel as Chief Financial Officer. Nagel joins Leaf Home Solutions from Fairmount Santrol, where he served as Chief Financial Officer. Larry Napolitan, who has been CFO since 2016, will remain at Leaf Home Solutions under the newly created position of Vice President of Finance.

Dyadic International, Inc. [JUPITER, FL] (NASDAQ: DYAI) announced the appointment of Ping Rawson to Chief Financial Officer. Ms. Rawson was previously the Chief Accounting Officer of Dyadic and joined the Company in 2016. Prior to joining Dyadic, Ms. Rawson has served in a variety of finance and accounting management roles in several publicly-traded companies.

Karl Jaeger

Artivest [NEW YORK and SAN DIEGO] announced the appointment of Karl Jaeger as Chief Financial Officer. Prior to joining Artivest, Jaeger was CFO of Strategic Insight. He previously served as CFO of Fundtech, and as CFO and Chief Operating Officer of Wall Street Systems. Earlier in his career, he spent 14 years with Thomson Financial (now Thompson Reuters), where he last served as Senior Vice President of Finance and Business Development.

ComplySci [NEW YORK] named Bill Fahrbach as Chief Financial Officer. Prior to joining ComplySci, Fahrbach held the CFO position at Watermark, Workwave and Mobile Commons. He also served as Senior Director of Corporate Development and Product Operations for Oragenics, Inc.

MSA Security [NEW YORK] announced that former Chief Financial Officer, Michael Kennedy, has been named Chief Administrative Officer. Dean Gels has been appointed as Chief Financial Officer. Prior to joining MSA, Gels most recently served as CFO at OVH US. Prior to OVH, he served as the Vice President of Corporate Development at Borderfree.

CFO Moves – week ending July 5, 2019

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CFO Moves this week include:

Monarch Private Capital Ameresco, Inc. Viela Bio
L3Harris Technologies Terns Pharmaceuticals, Inc. Commercial Metals Company
DISH Network Corporation Kirkland’s, Inc. Alleghany Corporation
Neuronetics Greenfields Petroleum Corporation TRI Pointe Group Inc.
Penn Virginia Corporation Francesca’s Holdings Corporation LDM Global
Corporate Spending Innovations Bridgeline Digital, Inc. MTX Group
InvestCloud

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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Ian Chomat

Monarch Private Capital (MPC) [ATLANTA] announced that Ian Chomat has been promoted to Chief Financial Officer for the organization. Chomat moves into the role after serving as the Controller. Prior to joining MPC, Chomat worked as Controller for a company which specialized in the development, construction, and syndication of low income housing tax credits. He’s held various positions including Chief Financial Officer and was a consultant for both privately held and publicly traded companies. Chomat’s career began in public accounting where he practiced both tax and assurance services for privately held companies.

Ameresco, Inc. [FRAMINGHAM, MA] (NYSE: AMRC) announced that Doran Hole will join the company as its Chief Financial Officer, effective July 29, 2019. Mark Chiplock, who has served as interim CFO since October 1, 2018, will continue to serve as Vice President, Corporate Controller and Chief Accounting Officer and will act as the company’s principal accounting officer. Previously, Mr. Hole served as the Chief Executive Officer, North America and Group Vice President, Strategy, at ReneSola Ltd. He has served in the North American CEO role since 2017, and previously was the company’s US CFO. Prior to ReneSola, Mr. Hole was the CFO at solar developer Pristine Sun. He spent the first two decades of his career in various senior finance and capital markets roles on Wall Street. At Deutsche Bank, he served as a Director in the Global Structuring, Illiquid and Corporate Credit Group. He was a Director in the Financial Engineering group at ING Capital and also served as an Associate Director in the Corporate and Structured Finance Division at Macquarie Corporate Finance. Earlier in his career, Mr. Hole worked at Coopers & Lybrand, L.L.P. and Bear, Stearns & Co., Inc.

Mitchell Chan

Viela Bio [GAITHERSBURG, MD] announced the appointment of Mitchell Chan as Chief Financial Officer. Previously, Chan served as Viela’s Vice President, Head of Finance & Corporate Strategy. Prior to joining Viela in 2018, he served as Director of Investor Relations for AstraZeneca, North America. Previously, Mr. Chan held various roles of increasing responsibility at Genentech-Roche, including in BioOncology Commercial Finance, R&D Finance, and Mergers & Acquisitions.

Jay Malave

L3Harris Technologies [MELBOURNE, FL] (NYSE: LHX) named Jesus “Jay” Malave, Jr. as Senior Vice President and Chief Financial Officer. Malave was elected CFO of the new L3Harris following the close of the merger between L3 and Harris, and succeeds former L3 and Harris CFOs, Ralph D’Ambrosio and Rahul Ghai, who have decided for personal reasons to pursue new opportunities. Malave joins L3Harris from United Technologies Corporation, where he spent more than 20 years in roles of increasing responsibility, including VP & CFO of the UTC Aerospace Systems business; VP, Financial Planning & Treasury at Hamilton Sundstrand; four years as VP, Investor Relations; and most recently as VP & CFO of the Carrier business segment.  .

Ankang Li

Terns Pharmaceuticals, Inc. [FOSTER CITY, California & SHANGHAI] announced the appointment of Ankang Li as Chief Financial Officer. Prior to joining Terns, Dr. Li was the Executive Director of Healthcare Investment Banking at Goldman Sachs, where he was responsible for Asia ex-Japan investment banking and led many high-profile IPOs for biotechnology and other healthcare clients. Before that, Dr. Li was a Director at the Asia Pacific Innovation Hub at Merck (known as MSD outside the U.S. and Canada), overseeing business development and licensing transactions in the region. Dr. Li also worked at both Davis Polk and Ropes & Gray, advising clients on capital markets and M&A transactions. Early in his career, he conducted biomedical research at the Salk Institute.

Commercial Metals Company [IRVING, TX] (NYSE: CMC) announced that Mary A. Lindsey has announced her retirement as Senior Vice President and Chief Financial Officer of the Company effective as of August 31, 2019. Lindsey joined the Company in September 2009 as Vice President-Tax. She was appointed Vice President-Tax and Investor Relations in June 2015, Vice President and Chief Financial Officer in January 2016 and Senior Vice President and Chief Financial Officer in September 2017. The Company also announced that effective September 1, 2019, Paul J. Lawrence will assume the role of Vice President and Chief Financial Officer for the Company. Lawrence joined the Company in February 2016 as Vice President of Finance. He was appointed Vice President of Finance and Treasurer in September 2016 and his role was expanded to include Financial Planning and Analysis in January 2017. Prior to joining the Company, from 2003 to 2016, Mr. Lawrence worked for both Gerdau Long Steel North America, , and Gerdau Ameristeel Corporation, where he held a variety of financial roles, including Assistant Vice President and Corporate Controller, and Deputy Corporate Controller. From 1998 to 2002, Mr. Lawrence held several financial positions with Co-Steel Inc., which was acquired by Gerdau SA.

DISH Network [ENGLEWOOD, CO] promoted Paul W. Orban to Executive Vice President and Chief Financial Officer. Orban, a 23-year veteran of DISH, had served as the company’s Senior Vice President, Chief Accounting Officer, Principal Financial Officer and Controller. Orban joined DISH in 1996 as a member of the financial reporting team. He has since held various leadership positions with increasing responsibility including Director of Accounting and Vice President of Accounting. In 2006, Orban was named Senior Vice President and Corporate Controller for DISH. He also served as Senior Vice President and Corporate Controller at EchoStar Corporation from 2008 to 2012. Before joining DISH, Paul was an auditor at Arthur Andersen LLP. A CPA, Paul holds his Bachelor of Science in Accounting from the University of Colorado.

Kirkland’s, Inc. [NASHVILLE, TN] (NASDAQ: KIRK) announced that it has named Nicole Strain as Executive Vice President and Chief Financial Officer. She has served as Kirkland’s Interim Chief Financial Officer since May 2017. Prior to her appointment as Interim Chief Financial Officer, Strain served as Controller from November 2016 to April 2017. Prior to joining Kirkland’s, she served as the Vice President of Finance and Principal Accounting Officer for Logan’s Roadhouse, Inc., from 2005 through July 2015. While at Logan’s, she also served as the Interim Chief Financial Officer and Principal Financial Officer.

Alleghany Corporation [NEW YORK] (NYSE:Y) today announced that Jack Sennott has been appointed Chairman, Chief Executive Officer and President of Alleghany’s wholly-owned subsidiary, CapSpecialty, Inc. Sennott previously served as Senior Vice President and chief financial officer of Alleghany. Kerry Jacobs has been appointed Senior Vice President and chief financial officer of Alleghany. Ms. Jacobs previously served as Alleghany’s Vice President of Finance and Chief Risk Officer.

Neuronetics , Inc. [MALVERN, PA] (NASDAQ: STIM) announced that Stephen Furlong will become its new Chief Financial Officer and Secretary, replacing Peter Donato, who will be leaving the Company after a transition period. Mr. Furlong will assume the role of CFO and Secretary effective July 22, 2019. Furlong most recently served as Senior Vice President of Finance and Corporate Secretary at Metabolon. Prior to joining Metabolon, Furlong served as Chief Financial Officer of Rapid Micro Biosystems. Before joining Rapid Micro Biosystems, Mr. Furlong spent 14 years at Hologic, where he held a number of roles of increasing responsibility, most recently Senior Vice President, Finance and Sales Administration. Additionally, Mr. Furlong held positions at Safety 1st, Stratus Computer Inc., and Raytheon Company.

Greenfields Petroleum Corporation [HOUSTON, Texas] (TSX VENTURE: GNF) announces the appointment of a new Chief Financial Officer and Treasurer. Jose Perez-Bello, who has served as the Senior Vice President, Chief Financial Officer and Treasurer of Greenfields since June 2017 and a director of the Company since 2018, stepped down from these roles with the Company.  Sanjay Swarup has been appointed as Chief Financial Officer and Treasurer. Swarup is based in London, and is also Chief Executive Officer of SKS Business Services Limited, an accounting and audit group that specializes in providing an outsourced finance function to small and mid-size companies in diverse sectors, unlisted or listed in the UK and Canada.  Swarup has worked in the planning department of the Exploration and Production division of BP plc at their head office in London.

Glenn Keeler

TRI Pointe Group [IRVINE, Calif.] (NYSE: TPH) announced that Mike Grubbs, co-founder, chief financial officer and treasurer, will retire on January 1, 2020, concluding a 32-year career in homebuilding and real estate finance. Grubbs will be succeeded by Glenn Keeler, current chief accounting officer, also effective January 1, 2020. Keeler joined TRI Pointe in 2013 as corporate controller, and was named chief accounting officer in 2014. Keeler started his career at Ernst & Young LLP and previously held executive finance roles with other publicly traded companies prior to joining TRI Pointe Group.

Penn Virginia Corporation [HOUSTON, Texas] (NASDAQ: PVAC) announced that Steven A. Hartman, Senior Vice President, Chief Financial Officer and Treasurer (“CFO”), will be stepping down from his role.

Francesca’s Holdings Corporation [HOUSTON, TX] (NASDAQ: FRAN) announced that Kelly Dilts, Executive Vice President and Chief Financial Officer, has informed the Company of her plans to resign from her position effective July 19, 2019 to pursue another opportunity. The Company has named Cindy Thomassee, currently serving as Senior Vice President and Chief Accounting Officer, to assume the role of Executive Vice President and Chief Financial Officer. Cindy joined the Company in December 2007 after serving as the Controller at LRG Furniture, LLC, a retail subsidiary of Bassett Furniture Industries, for over 8 years.  She also previously served as the Company’s Interim Chief Financial Officer from May 2012 to March 2013 and from December 2015 to April 2016.

LDM Global [DENVER, Colorado] today announced Vivek Sharma as its new Chief Financial Officer. Sharma worked for PwC, Citigroup, Tele 2 and Digicel.

Corporate Spending Innovations [BONITA SPRINGS, FL] (CSI) announced the appointment of Olivier Raguis as the Chief Financial Officer. Raguis joins CSI in continuity of his extensive experience as Chief Financial Officer of several Edenred business units since 2010.

Bridgeline Digital, Inc. [BURLINGTON, MA] (NASDAQ: BLIN) announced the appointment of Mark G. Downey as Executive Vice President, Chief Financial Officer and Treasurer of the Company(“CFO”). Downey comes to Bridgeline with more than 25 years of finance and operations experience and has held CFO and COO positions at several public and privately held companies. Mark began his career as a CPA with Coopers & Lybrand. Downey will succeed Carole Tyner, who has served as Bridgeline’s Chief Financial Officer since September 2018.

MTX Group [FRISCO, TX], Inc announced the addition of Christina Bailey as their Chief Financial Officer. Prior to joining MTX, she was appointed as the CFO of Humphreys & Partners Architects.

InvestCloud [LOS ANGELES] appointed Rebeca Sanchez Sarmiento as its Chief Financial Officer. Sanchez Sarmiento joins the firm from ATTOM Data Solutions, where she served as CFO. Sanchez Sarmiento has held a variety of senior finance roles within Smart & Final, Deutsche Bank, and Citigroup.


CFO Moves – week ending July 12, 2019

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CFO Moves this week include:

Alnylam Pharmaceuticals, Inc. MiX Telematics Annexon Biosciences
Bsquare Corporation United Rheumatology Ceros
Aflac Global Investments Ampio Pharmaceuticals, Inc. Procore Technologies, Inc.
Windhaven Insurance IDEAYA Biosciences, Inc. Benefitfocus, Inc.
CNB Financial TrackX Holdings Inc. Annovis Bio, Inc.
Better Choice Company, Inc. ICU Medical, Inc. Dentsply Sirona Inc.
Telenav ReversingLabs US, Inc. Fareportal
Surterra Wellness Q-Centrix Guaranteed Rate
Conviva Clearlake Capital Group CareerBuilder
EIP Pharma, Inc.

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NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Alnylam Pharmaceuticals, Inc. [CAMBRIDGE, MA] (NASDAQ: ALNY) announced that Jeff Poulton joined the Company on July 11, 2019 and has been appointed Executive Vice President and Chief Financial Officer (CFO), effective August 13, 2019. Jeff will join Alnylam with nearly 25 years of experience, including serving as Executive Vice President and CFO of Shire plc. Manmeet S. Soni has decided to resign to pursue other interests; he will continue as CFO of Alnylam through August 12, 2019 providing a smooth transition. Prior to Poulton’s CFO role at Shire he held a variety of financial roles and also served in a general management capacity while leading Shire’s rare disease commercial operations in North America, Latin America, and Asia Pacific. Prior to his fifteen-year tenure at Shire, Jeff led corporate finance and business development initiatives in both the energy and materials manufacturing sectors, in financial leadership positions at Cinergy Corp and PPG industries. He also served as a U.S. Navy Commissioned Officer. Poulton is a member of the Board of Directors of EIP Pharmaceuticals.

MiX Telematics [BOCA RATON, FL] (NYSE: MIXT, JSE: MIX) announced the appointment of John Granara as Chief Financial Officer (“CFO”) and Executive Vice President. Granara will succeed Paul Dell, who has filled the role of interim CFO since early 2017. Mr. Dell will continue at MiX Telematics in an alternative senior role. Most recently, Granara held the position of CFO at Ameresco  Prior to that he was VP Finance and Chief Accounting Officer at GT Advanced Technologies.

Annexon Biosciences [SOUTH SAN FRANCISCO, CA] announced the addition of Jennifer Lew as Chief Financial Officer. Most recently, Lew served as Chief Financial Officer of Aduro Biotech. Ms. Lew previously held various finance leadership roles at Dynavax Technologies Corporation, and she began her career at Ernst & Young.

Bsquare Corporation  [BELLEVUE, WASHINGTON] (NASDAQ: BSQR) announced that Peter Biere, CFO, will resign from his position following a transition period that will include the appointment of a new CFO. Mr. Biere, who has served as CFO since December 2016, will continue as CFO until his replacement is identified and on-boarded.

Patrick J. Murphy

United Rheumatology [HAUPPAUGE, NY] announced the appointment of Patrick Murphy as Chief Financial Officer. Patrick most recently served as the CFO at CleanSlate Centers. Prior to CleanSlate Centers, Patrick was one of the Founders at Women’s Health USA. He held numerous positions including Chief Financial Officer, Chief Operating Officer and President. He was also a Founder, Chief Financial Officer and Chief Administrative Officer of Evolution1. Earlier in his career he had various roles at Value Health and Arthur Andersen.

Ceros [NEW YORK] announced the hire of Rob Bender as Chief Financial Officer. Rob most recently served as Chief Executive Officer at Salute Safety. Prior to Salute Safety Systems, Rob spent 15 years as the CFO of financial technology company Axioma. Before Axioma, Rob led mergers & acquisitions for Primedia Enthusiast Group. He also worked in product management and consulting roles at Deloitte Consulting and W.L. Gore & Associates. http://ceros.com

Aflac Global Investments [NEW YORK] announced that it has hired Stephen Scott as managing director; chief financial officer. With more than 20 years of industry experience, Scott most recently served as chief financial officer for BNY Mellon Investment Management. Prior to that, he served as BNY Mellon Investment Management’s Global Head of FP&A. Scott previously held positions with UBS and Lloyds Treasury Group.

Ampio Pharmaceuticals, Inc. [ENGLEWOOD, CO] (NYSE American: AMPE) announced that Dan Stokely has been appointed as Chief Financial Officer. Most recently, since 2012, Dan served as Executive Vice President and Chief Financial Officer of Sentynl Therapeutics, which was sold to Cadila Healthcare Ltd. in January 2017. From 2004 to 2012, Dan served as Vice President of Finance and Chief Accounting Officer of Victory Pharma. Dan served as the Corporate Controller and Chief Accounting Officer for Wireless Facilities, Inc. (currently Kratos Defense & Security Solutions). From 1994 to 2001, Dan served as Corporate Controller of Dura Pharmaceuticals.

Procore Technologies, Inc. [CARPINTERIA, CA] announced the appointment of Paul Lyandres as Chief Financial Officer. Lyandres joined Procore in 2014. Prior to joining the Procore team, Lyandres was as an investor at Bessemer Venture Partners.

Windhaven® Insurance [MIAMI, FL] and The Hearth Insurance Group™ announced that Susan Wollenberg has been selected to serve as Chief Financial Officer for the companies. Wollenberg has been a member of the Board Directors at Windhaven since its founding in the early 2000s. Wollenberg served at Spencer Capital Holdings; Personalized Brokerage Services, an Allianz subsidiary; and E.W. Blanch. She also held leadership roles in Financial Planning and Business Development at Kansas City Southern and GE Insurance. Wollenberg began her career as a Certified Public Accountant at Deloitte.

IDEAYA Biosciences, Inc. [SOUTH SAN FRANCISCO, CA] (NASDAQ: IDYA) announced the promotion of Paul A. Stone as Chief Financial Officer. Paul previously served as Senior Vice President, General Counsel and Head of Operations. Prior to joining IDEAYA, Paul was with 5AM Ventures in various capacities including as Partner, General Counsel, and Chief Operating Officer, and held early management and operating roles in companies launched at 5AM Ventures, including IDEAYA Biosciences (NASDAQ: IDYA), Homology Medicines, Cidara Therapeutics, and Entrada Therapeutics. Paul earlier served in management roles at Ethos Pharmaceuticals, Ilypsa (acquired by Amgen), and Symyx Technologies.

Benefitfocus, Inc. [CHARLESTON, SC] (NASDAQ: BNFT) announced the appointment of Stephen M. Swad as Chief Financial Officer (CFO). Swad, who will be joining the Company on July 22nd.  He is a current member of the Benefitfocus Board of Directors and since 2013 has served on the Audit, Compensation, and Nominating and Governance Committees, as well as Chair of the Compensation Committee. He joins the company from Vox Media, where he has served as CFO since January 2016. Prior to Vox Media, from February 2012 until April 2015, Swad was President, Chief Executive Officer (CEO) and a director of Rosetta Stone. He formerly served as Rosetta Stone’s CFO beginning in November 2010. Prior to joining Rosetta Stone, Swad was the Executive Vice President and CFO of Comverse Technology, Inc. Swad has held various senior financial management positions at AOL, Inc. (now part of Oath Inc.), Turner Broadcasting and Time Warner. He was a partner at KPMG LLP and also served as the Deputy Chief Accountant of the Securities and Exchange Commission. Swad previously served on the Board of Eloqua, before it was purchased by Oracle.

Tito Lima

CNB Financial [CLEARFIELD, PA] announced the appointment of Tito L. Lima to the position of Executive Vice President and Chief Financial Officer of CNB Financial Corporation and CNB Bank. Throughout the years he has held various positions in New York, Boston, Pittsburgh, Lancaster and Butler, and has served in roles as a Senior Executive or Chief Financial Officer since 2002 in financial institutions.

TrackX Holdings Inc. [DENVER, Colorado] (TSX-V: TKX; OTC: TKXHF) announced that John Katzenberg has joined the TrackX team as Chief Financial Officer. Most recently, John was the Chief Financial Officer of Johnson Storage & Moving Company. Prior to joining Johnson, he led all accounting and finance activities for Corporex Colorado. Previously, John was a Managing Director and one of the founding members of the private equity coverage group in the investment bank at Citigroup. Katzenberg is replacing Gene McConnell as CFO.

Annovis Bio, Inc. [BERWYN, PA] announced that Jeffrey McGroarty has been appointed the Company’s Chief Financial Officer. Prior to joining Annovis, Jeff was Senior Vice President and Chief Financial Officer of Safeguard Scientifics. Before joining Safeguard, Jeff served in a variety of financial roles with a number of publicly traded companies, including Cephalon and Exide Technologies. Jeff started his career with PricewaterhouseCoopers.

Better Choice Company, Inc. [NEW YORK] (OTCQB: BTTR) announced the appointment of Andreas Schulmeyer as its Chief Financial Officer. Schulmeyer previously served in CFO roles at both WalMart and PepsiCo. Schulmeyer previously served as CFO – Global e-Commerce and CFO – Asia, at Walmart. Additionally, he was former CFO, China Beverages, at PepsiCo. Schulmeyer joins Better Choice from his private consulting business, Faultline Solutions LLC.

ICU Medical, Inc. [SAN CLEMENTE, CA] (NASDAQ: ICUI) announced that Scott E. Lamb, its Chief Financial Officer and Treasurer, has informed the Company of his intention to retire from the Company effective after filing the FY2019 10-K, following over 16 years of service with the Company. After retirement as CFO, Mr. Lamb will serve in an advisory role to ensure a smooth transition of responsibilities. Following the change, current Corporate Vice President, Brian Bonnell will be promoted to Chief Financial Officer and Treasurer. Brian Bonnell joined ICU Medical in 2018 and is currently responsible for the Treasury and Tax functions. Prior to joining ICU, Mr. Bonnell was Treasurer and Head of FP&A for Alere Inc. from 2015 until its acquisition by Abbott. Prior to Alere, Mr. Bonnell spent seven years at CareFusion Corporation, as both SVP of Tax and Treasury and as VP of Finance for Medical Systems. Prior to its spin-off of CareFusion, Mr. Bonnell spent seven years in a variety of Finance roles for Cardinal Health. Mr. Bonnell started his career in 1995 and spent seven years in the audit practice of Arthur Andersen LLP.

Dentsply Sirona Inc. [CHARLOTTE, NC] (NASDAQ: XRAY) announced the appointment of Jorge M. Gomez as Chief Financial Officer. Gomez served as Chief Financial Officer of Cardinal Health since January 2018.  Prior to that, Jorge was Chief Financial Officer of the Medical and Pharmaceutical segments, and Treasurer and Corporate Controller at Cardinal Health.  Before joining Cardinal Health, Jorge held multiple executive and leadership roles at General Motors and the Smurfit-Kappa Group.

Telenav [SANTA CLARA, CA] (NASDAQ: TNAV) selected Adeel Manzoor to become the company’s Chief Financial Officer. Manzoor comes to Telenav after serving as Chief Financial Officer & Vice President of Storage & Big Data; Chief Financial Officer & Vice President of Mission Critical Systems & High Performance Compute and as Chief Financial Officer & Vice President of Converged Infrastructure for HPE (Hewlett Packard Enterprise] . Manzoor succeeds Fuad Ahmad, who has served as Telenav’s consulting interim CFO since January 2019. Ahmad, a partner of consulting firm FLG Partners, LLC, plans to continue to provide financial consulting services to the company until the end of September for transition purposes. Prior to joining HP, Manzoor worked for Big Four accounting and professional services firm Ernst & Young LLP in the assurance and advisory practice.

ReversingLabs US, Inc. [CAMBRIDGE, MA] named Angiras Koorapaty its Chief Financial Officer. Koorapaty brings more than 25 years of experience collaborating with senior management teams and boards, leading finance and administration at many startup and growth stage technology companies with substantial international operations, including Visual IQ, (acquired by The Nielsen Company), NitroSecurity (acquired by Intel/McAfee), Core Security Technologies, Webhire (acquired by Kenexa Corp./IBM), and Corechange (acquired by Open Text Corp.).

Fareportal [NEW YORK] announced that following the retirement of Ken West, the previous Chief Financial Officer, the Company announced Glenn Cusano as his successor. Cusano is a veteran of the Airline business with over 16 years of service at JetBlue Airways. In his most recent role with the airline, he served as their Senior Vice President of Finance and Treasury.

Fareed Khan

Surterra Wellness [ATLANTA] announced the expansion of its senior leadership team with the appointment of Fareed Khan as Chief Financial Officer (CFO). Khan joins Surterra from the Kellogg Company where he was CFO. Khan previously served as Division CEO of a multi-billion-dollar revenue operating unit at USG Corporation after 12 years of steady ascent through key operating roles at the company. Early in his career, Khan was a management consultant at McKinsey & Company. James Whitcomb, who has served as CFO of Surterra since helping launch the company in 2016, will become Executive Director of Corporate Development.

Q-Centrix [CHICAGO] announced today the addition of Todd Seiffer as its Chief Financial and Operations Officer. Before arriving at Q-Centrix, Seiffer spent more than four years as Chief Financial Officer of Businessolver. His previous roles include Senior Vice President of Finance and Treasurer at Allscripts Healthcare Solutions, Inc., in Chicago.

Suk Shah

Guaranteed Rate [CHICAGO] has hired Suk Shah as its Chief Financial Officer. Shah joins the Guaranteed Rate team from his former position of nearly five years at a high-growth financial technology company. Before that, Suk was the CFO of the US and Canadian divisions of a Global Commercial Bank. Shah began his career with General Electric and spent over eight years with the company in various finance and operating roles.

Conviva [FOSTER CITY, Calif.] announced the addition of Greg Ayers as CFO. Greg’s career has included finance leadership that led to 8 IPOs and multiple M&A deals.

symplr  [SANTA MONICA, Calif. and HOUSTON] announced that Jordan Copland has joined as Chief Financial Officer. Tres Thompson, who previously served as symplr’s COO and CFO, will focus on the COO role going forward. Most recently, Copland served as CFO and EVP of Finance and Operations at Quorum Business Solutions and, prior to that, was CFO at Omnitracs. Earlier in his career, Mr. Copland served as Vice President of Finance and Planning at Disney Consumer Products, and he served as Executive Vice President and CFO, and as EVP – Strategic Development, at GSI Commerce.

Chet Kwasniak

CareerBuilder [CHICAGO] announced the appointment of Chet Kwasniak as Chief Financial Officer. Kwasniak most recently served as Chief Financial Officer at MW Industries. Prior to that, Kwasniak was Chief Financial Officer of Clear Channel Outdoor Americas.

EIP Pharma, Inc. [CAMBRIDGE, MA] announced the appointment of Noel Donnelly as CFO. onnelly joins EIP Pharma from Takeda Pharmaceuticals. Prior to joining EIP, Noel spent the last seven years within Shire, recently acquired by Takeda Pharmaceuticals. Before moving into R&D, Noel held a number of positions of increasing responsibility within the Finance organization in areas such as Commercial, Technical Operations, and ultimately as the Head of R&D Finance at Shire HGT. Prior to that Noel worked for twelve years in financial planning and analysis in financial services and industrial companies.

CFO Moves – week ending July 19, 2019

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CFO Moves this week include:

JPI Pier 1 Imports, Inc. Stimwave Technologies
Vacasa Whiting Petroleum Corporation Regional Management Corp.
Mercedes-Benz USA NCI Information Systems, Inc. Lithia Motors, Inc.
Cross River Bank ThriftBooks Pacific Oak Capital, LLC
Windsor Advantage, LLC FARO TrialCard Incorporated
Pappas Capital Immunic, Inc. Agile Therapeutics, Inc.
Legacy Housing Corporation EVO Transportation & Energy Services Anthony & Sylvan Pools
MasterControl Exactus, Inc. Eargo
Logically FMG Suite Kymera Therapeutics
Harvard Bioscience, Inc. Valley National Bank Compeat
Glooko Willamette Valley Vineyards Micron Solutions, Inc.

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Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Chris Clayton

JPI [IRVING, TX] announced Chris Clayton as the company’s new chief financial officer. Clayton comes to JPI from Forest City Realty Trust, where he most recently served as the company’s executive vice president, head of capital markets and treasurer.

Pier 1 Imports, Inc. [FORT WORTH, TX] (NYSE: PIR) announced the appointment of Robert Riesbeck as Executive Vice President and Chief Financial Officer. Riesbeck succeeds Deborah Rieger-Paganis, who has served as Interim Chief Financial Officer since April 2019. Diemoz most recently served as Chief Executive Officer of Crate & Barrel and previously held the role of Chief Development Officer at Restoration Hardware as well as leadership positions at Williams-Sonoma, The Gap, Inc. and MEXX.

Stimwave Technologies [POMPANO BEACH, FL] announced the appointment of James M. Rallo as the company’s chief financial officer (CFO). Rallo previous role was president and CFO of Liquidity Services, Inc. Prior to that, Rallo served as CFO, treasurer and chief administrative officer of Sleep Services of America, Inc. and as an investment banker in the healthcare group at Deutsche Bank.

Jim Grube

Vacasa [PORTLAND, OR] added Jim Grube as Chief Financial Officer (CFO). Grube most recently served as CFO for online pet retailer, Chewy. Prior to Chewy, Grube served for six years as Hilton’s SVP of Finance and FP&A.

Whiting Petroleum Corporation [DENVER] (NYSE: WLL) announced that Correne S. Loeffler has been named Chief Financial Officer effective August 1, 2019. Loeffler previously served as Vice President, Finance and Treasurer for Callon Petroleum Company, from April 2017 to July 2019. She also served as Interim Chief Financial Officer of Callon Petroleum Company from June 2017 to December 2017. Prior to that, Ms. Loeffler was Executive Director with JPMorgan Securities, LLC where she was employed in the Corporate Client Bank Group from 2006 to 2017. She also was an Associate in Bank of America’s Global Corporate & Investment Bank from 2005 to 2006 and a Consultant at Accenture from 1999 to 2003.

Regional Management Corp. [GREENVILLE, SC] (NYSE: RM) announced that it has appointed Robert (“Rob”) W. Beck as its new Executive Vice President and Chief Financial Officer. His predecessor, Don Thomas, will remain with Regional to assist with a smooth and orderly transition before officially retiring from the Company on August 31, 2019. Most recently, Beck was Executive Vice President and Chief Operating Officer of the Leukemia and Lymphoma Society. Prior to that, he was Chief Operating Officer of Citibank’s US Retail Bank, after previously serving as Chief Financial Officer of Citibank’s US Consumer and Commercial Bank.

Mercedes-Benz USA (MBUSA) [ATLANTA] appointed Christian Struwe to the position of vice president & CFO. Struwe replaces Harald Henn who left the company for a position with Mercedes-Benz UK. Struwe’s most recent post was director of controlling for Mercedes-Benz Cars in Stuttgart, Germany. Struwe started his career in the associate program with Daimler in Berlin in 1997. After several stations in operations at Juiz de Fora (Brazil) and corporate controlling at MBUSI (Tuscaloosa, Alabama), he assumed responsibility for production strategy and the key account Mercedes-Benz within corporate strategy in Stuttgart. In 2005, he was appointed CFO of Mercedes-Benz high performance engines in Brixworth (UK) and returned to Stuttgart 4 years later to take over the responsibility for development controlling powertrain, subsequently in 2012 becoming director controlling RD & material cost MBC. In 2016, he was placed in charge of controlling RD and funding MBC.

NCI Information Systems, Inc. (NCI) [RESTON, VA] announced Charles (Chuck) Hicks Jr. has joined the company as executive vice president, chief financial officer and treasurer. Before joining NCI, Hicks served as the CFO for Cresa Global, Inc. Prior to this, he was executive vice president for strategic growth, chief operating officer and CFO for SC3, which is now part of General Dynamics Information Technology. He also served in executive leadership roles at ASRC Federal, SAIC and USIS. Hicks’ career also includes having worked at Ernst & Young and serving in the U.S. Navy.

Lithia Motors, Inc. [MEDFORD, OR] (NYSE: LAD) announced that Tina Miller has been promoted to Senior Vice-President, Chief Financial Officer. Miller has held a variety of accounting, financial and audit leadership roles of increasing responsibility at Lithia for nearly 15 years. Most recently she served as Chief Accounting Officer and interim Principal Financial Officer.

Cross River Bank [FORT LEE, NJ] announced that it has appointed Melissa Ballenger as its Executive Vice President and Chief Financial Officer, effective immediately. Ballenger joins Cross River from State Street Corporation, where she served as Executive Vice President, Chief Financial Officer of Europe, Middle East and Africa (EMEA). Prior to that, Ms. Ballenger served as Executive Vice President and Chief Financial Officer for Santander Bank, N.A., before becoming EVP, Chief Business Control Officer for Santander US. Previously, she held senior leadership positions in other public companies, including EVP, Deputy Chief Financial Officer for TD Bank, N.A.; Controller and Principal Accounting Officer at MasterCard Worldwide and at Washington Mutual Bank; and senior financial positions at Freddie Mac. Ms. Ballenger began her career with Arthur Andersen in Washington, D.C., rising to audit manager serving institutions in a variety of industries.

ThriftBooks [SEATTLE] hired Ross Mignoli as the company’s chief financial officer. Mignoli is a former partner at Arthur Andersen. He has also served as CFO of Performance Driven Brands.

Pacific Oak Capital, LLC [IRVINE, CA] announced the appointment of Michael Bender as chief financial officer. Prior to joining Pacific Oak Capital, Bender served in a similar capacity with Spirit Realty Capital, Inc., and Kamal Osman Jamjoom, LLC. Bender began his finance career as a senior audit manager at Deloitte & Touche, LLP.

Windsor Advantage [CHICAGO] announced the appointment of Jeff Nogle as Chief Financial Officer. Previously, he was Director of Risk Management. Prior to joining Windsor, Jeff worked for Charles River Associates.

FARO [LAKE MARY, FL] (NASDAQ: FARO) announced that Allen Muhich has been appointed Chief Financial Officer of the Company, effective July 26, 2019. Muhich joins FARO from Electro Scientific Industries, where he served as Chief Financial Officer. Muhich was previously of ID Experts, Smarsh, Inc. and Radisys Corporation. Mr. Muhich was also Vice President of Finance and Corporate Controller at Merix Corporation. Prior to that Mr. Muhich spent 15 years in financial management in the office printing business at Tektronix, Inc. and Xerox Corporation. Muhich will succeed Robert Seidel, who has served as FARO’s Chief Financial Officer since December 2016 and who will continue to serve as Chief Financial Officer of the Company until July 25, 2019 and then will continue as a FARO employee for a transition period.

TrialCard Incorporated [MORRISVILLE, NC] announced the appointment of Karen L. Russell as Chief Financial Officer (CFO). Russell will assume the role from Interim CFO Mark Bogovich. Russell most recently served as CFO for Evidera. Prior to that, she enjoyed a long and distinguished career in finance at GSK, where her last role was VP, Finance for the Respiratory Business Unit, US Pharma.

Pappas Capital [RESEARCH TRIANGLE PARK, NC] announced that Matthew Boyer has been named Chief Financial Officer, succeeding Ford Worthy who will continue with the firm as a Partner and Senior Advisor. Boyer joined Pappas Capital as Controller in 2013 and has served as Director of Finance since 2017. Previously, he held finance and accounting positions at PricewaterhouseCoopers, Fidelity Investments and State Street Global Advisors.

Immunic, Inc. [SAN DIEGO] (NASDAQ: IMUX) announced the appointment of Sanjay S. Patel as Chief Financial Officer. Patel replaces Tamara A. Seymour, who has served as the company’s Interim Chief Financial Officer since April 26, 2019. From 2014 to 2016, Patel served as Chief Financial Officer of Pernix Therapeutics Holdings, Inc. From 2009 to 2014, Mr. Patel was Managing Director, Healthcare Investment Banking at Cantor Fitzgerald. From 2008 to 2009, Mr. Patel worked with the William J. Clinton Foundation as Manager, Global Malaria Program, Drug Access Team. Prior to that, from 2007 to 2008, Mr. Patel was Vice President, Global Healthcare Investment Banking at Cowen and Company. Mr. Patel spent the prior five years as a Financial Analyst at Sectoral Asset Management. His entry into investment banking began in 1998 at UBS Warburg, where he served for three years as Associate Director, Global Healthcare Group.

Agile Therapeutics, Inc. [PRINCETON, N.J.] (NASDAQ: AGRX) announced the appointment of Dennis P. Reilly as Chief Financial Officer effective August 5, 2019. Most recently, from 2017 to 2019, he served as Chief Financial and Operations Officer of Invisible Sentinel, Inc.  From 2009 to 2017, Mr. Reilly was the Chief Financial Officer of NeoStrata Company, Inc. Prior to that, from 2005 to 2008, he served as the Chief Financial Officer, and prior to that role as Controller, of Barrier Therapeutics, Inc. Reilly was the Corporate Controller at the Medicines Company from 2002 to 2005.

Legacy Housing Corporation [BEDFORD, TX] (NASDAQ: LEGH) announced that Cornelius (Cork) Van Den Handel has been appointed as its new Chief Financial Officer and Corporate Treasurer. Van Den Handel most recently served as the Managing Principal of Vector Enterprises, LLC. Mr. Van Den Handel was previously CFO of three different companies, including Aviall, Inc. Van Den Handel replaces Jeff Burt, who, as part of the management reorganization, will remain with Legacy as the Chief Accounting Officer.

EVO Transportation & Energy Services [PEORIA, AZ] (OTC Pink: EVOA) appointed Eugene Putnam as chief financial officer, succeeding Michael Zientek. Most recently, Putnam served as an advisor to a major private equity firm performing due diligence on a potential acquisition. Previously, Putnam was president and CFO at Universal Technical Institute. Prior to Putnam’s role at Universal Technical Institute, he served in several executive and senior leadership roles for notable banking institutions, including Aegis Mortgage, Coastal Securities, Sterling Bancshares, SunTrust Bank, and Crestar Financial.

Matthew Chiappa

Anthony & Sylvan Pools [DOYLESTOWN, PA] announced that it has hired Matthew Chiappa as its Chief Financial Officer. Chiappa will be taking the financial reins from Martin Iles, Anthony & Sylvan’s Chief Financial Officer since 2007. Chiappa was most recently the CFO at Preferred Sands, where he held various financial roles during his 10-year tenure, including Vice President of Finance and Business Operations.

Michelle Tanner

MasterControl [SALT LAKE CITY, UT] announced that Michelle Tanner will assume the role of CFO for the organization. Most recently, she held executive positions with InsideSales and Venafi.

Exactus Inc. [DELRAY BEACH, Fla.] (OTCQB: EXDI) announced that Kenneth E. Puzder has been appointed Chief Financial Officer. Prior to joining Exactus as a Board Member in January 2019, Mr. Puzder served as Chief Financial Officer of Ceed2Med, LLC. Prior to 2018, he served as a Co-Founder, Managing Member, and CFO of the Lukens Group, LLC. From January of 2007 to December of 2017, Mr. Puzder was president of his own consulting firm, Kenneth E. Puzder Consulting. From July of 2003 through December of 2006, he served in various positions with the Arby’s Restaurant Group (“ARG”) family of companies, including: Chief Financial Officer of AFA Service Corporation (a sister company to ARG), VP of Accounting and Finance for Arby’s Restaurant Group, Inc., and Regional Controller for RTM, Inc. (a subsidiary of ARG). From August of 2000 through April of 2003, Mr. Puzder served as Controller of Panera Bread Company. From January of 1999 through August of 2000, he served as Vice President and Secretary of the Linder Funds, a series of mutual funds. Prior to serving that position, from March of 1998 through August of 2000, he was Financial Operations Principal and Assistant Secretary of Lindner Asset Management, the asset management firm for the Linder Funds. From February of 1996 until March of 1998, he was an audit manager with KPMG Peat Marwick, LLP.

Eargo [SAN JOSE, CA] announced the hiring of Adam Laponis as CFO. Laponis joins Eargo from Tesla, Inc., where he served as VP, WW FP&A and Business Operations. Laponis was also previously VP Finance, CFO Cardiovascular Care at Cardinal Health, and Senior Director of Finance at Johnson & Johnson.

Karl Noone

Logically [PORTLAND, MAINE] named Karl Noone as its Chief Financial Officer. Previously, Noone was the SVP and Corporate Controller for Global Capacity. Prior to Global Capacity, Karl held financial executive positions with several technology companies including, Atlantic Tele-Network, Digitas, Lightbridge, CentrePath and CMGI.

Russ Clark

FMG Suite [SAN DIEGO] announced the appointment of Russ Clark as its new Chief Financial Officer. Most recently he held CFO positions with Certona and Mitek Systems.

Kymera Therapeutics [CAMBRIDGE, MA] announced that Bruce Jacobs has joined as Chief Financial Officer. Jacobs previously was Managing Partner for Westfield Capital Management. Jacobs was also a Director with Alex Brown & Sons/Deutsche Bank and part of the health care investment banking group and the equity research team.

Harvard Bioscience, Inc. [HOLLISTON, MA] (NASDAQ: HBIO) announced that Michael Rossi has been named Chief Financial Officer. Rossi most recently served as Chief Financial Officer of Laborie Medical Technologies. Prior to serving as Chief Financial Officer of Laborie Medical Technologies, he served as Chief Financial Officer of Medical Specialties Distributors. Prior to that role, Rossi held finance roles of increasing responsibility at various public companies, including Haemonetics Corporation, The Princeton Review, Inc., American Tower Corporation, Sonus Networks and Manufacturers’ Services Limited.

Valley National Bank [NEW YORK, NY] (NASDAQ: VLY), the holding company for Valley National Bank, announced the appointment of Michael D. Hagedorn to Senior Executive Vice President, Chief Financial Officer (CFO) effective August 10, 2019.  Hagedorn is succeeding former CFO, Alan Eskow, who as previously announced will take on a Senior Advisory role at the Bank. Most recently, Hagedorn served as President and Chief Executive Officer of UMB Bank and Vice Chairman of UMB Financial Corporation in Kansas City, Missouri for over four years.  Previously, he served as Chief Financial Officer for UMB Financial Corporation since 2005.  Prior to UMB Financial, Hagedorn held various positions of increasing responsibility with Norwest Bank and Wells Fargo.

Compeat [AUSTIN, TX] announced the appointment of Paul Willson as Chief Financial Officer. Before joining Compeat, Willson served in senior financial planning and analysis roles at Evity, BMC Software, Convio, Blackbaud, and most recently as Senior Vice President Financial Planning & Analysis and Treasurer of Bazaarvoice. Willson will succeed Kerry Carney, who served as CFO of Compeat since 2016.

Glooko [MOUNTAIN VIEW, CA] announced the appointment of Stephen Lien as Chief Financial Officer. Lien comes to Glooko having served most recently as CFO of PipelineRx. Prior to PipelineRx, Lien successfully served as CFO at several other companies, including Smart Tuition and SmartCare. Prior to that, as CFO of Skrill Limited—Moneybookers, Inc,

Willamette Valley Vineyards [SALEM, Oregon] (NASDAQ: WVVI) announced that Chief Financial Officer Rich Goward has notified the Company of his intention to retire from his role as CFO of Willamette Valley Vineyards by the end of 2019.

Micron Solutions, Inc. [FITCHBURG, MA] (NYSE American: MICR) announced the appointment of Wayne M. Coll as its Chief Financial Officer. Coll previously served as Chief Financial Officer in various companies in the medical device industry, including National Dentex Corporation, Modern Dental Laboratory USA and Keystone Dental, Inc.

CFO Moves – week ending July 26, 2019

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CFO Moves this week include:

SYSPRO Strava Giant Oak
Brighthouse Financial, Inc. Best Buy IRI®
National Technical Systems REGO Restaurant Group Eos Energy Storage
VTS Tortoise Epizyme, Inc.
Guest Services, Inc. MGIC Investment Corporation Obsidian Therapeutics
Santander CAN Capital AutoNation, Inc.
Spectacular Solar, Inc. ascena retail group, inc. 3Gtms
ZIOPHARM Oncology Inc Funko, Inc. Hickory Farms
Idera Pharmaceuticals, Inc. NES Financial Access Healthcare
IWCO Direct Enservco Corporation VERA
Lakeland Industries, Inc. Envision Solar International, Inc. ARC Group, Inc.
Remark Holdings, Inc. Aptean Inc. High Brew Coffee

Would you like to receive our weekly CFO Moves directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Piero Broccardo

SYSPRO [COSTA MESA, CA] announced that Piero Broccardo has joined SYSPRO USA as Chief Financial Officer (CFO), North America. Piero comes to SYSPRO as CFO from MavenLink. Prior to MavenLink, Piero spent six years as CFO at Accurate Background.

Strava [SAN FRANCISCO] announced the appointment of Christine Park as Chief Financial Officer. Prior to joining Strava, Christine was Chief Operating Officer at Goodwater Capital and COO and CFO at Chloe + Isabel in New York City.

Giant Oak [ARLINGTON, VA] announced the appointment of Chief Financial Officer, Karelle Joun.  Prior to joining Giant Oak, Joun served as Vice President of Finance for TrackMaven, which was recently acquired by Skyword, and as Senior Director of Finance for Telarix, acquired by Vista Equity Partners.

Brighthouse Financial, Inc. [CHARLOTTE, NC] (NASDAQ: BHF) announced that Edward (Ed) Spehar will join Brighthouse Financial on July 29, 2019 and will assume the position of executive vice president and chief financial officer, effective August 12, 2019. Spehar will succeed Conor Murphy, who was named interim chief financial officer in February 2019. Murphy will continue as the Company’s executive vice president and chief operating officer. Spehar joins Brighthouse Financial from MetLife, where he most recently served as treasurer. Prior to his role as treasurer, Spehar was chief financial officer of MetLife’s Europe, Middle East and Africa segment, where he was responsible for all financial management matters for the segment. Previously, he was head of investor relations for MetLife. Spehar joined MetLife from Bank of America Merrill Lynch, where he was a sell-side equity research analyst focused on the insurance industry.

Best Buy Co., Inc. [MINNEAPOLIS] (NYSE: BBY) announced that Matt Bilunas, the company’s Senior Vice President of Enterprise and Merchandise Finance, has been promoted to Chief Financial Officer. Bilunas fills the role that was previously held by Best Buy Chief Executive Officer Corie Barry. Bilunas joined Best Buy in 2006 as a Director of Territory Finance based in the Los Angeles area. He later served as a Director of International Finance, Senior Director of Enterprise Finance, Vice President of E-commerce and Marketing Finance and Vice President of Merchandise, E-commerce, Marketing and Re-commerce Finance. Prior to Best Buy, Bilunas worked at Carlson Companies, NRG Energy, Inc., Bandag, Inc. and KPMG.

Mike Eklund

IRI® [CHICAGO] announced the appointment of Mike Eklund as chief financial officer. Eklund joins IRI from DJO Global. Prior to DJO Global, Eklund had a 20-year career with Dell Technologies, where he last served as the senior vice president of the Dell/EMC Value Creation and Integration Management Office. He also held the role of chief financial officer of Dell’s Client Solutions Business Unit and Global Operations organization. He also served as vice president of Strategy, Business Planning and Operations for Dell’s Enterprise Solutions Group. Eklund began his career in public accounting as a staff accountant in tax and audit, followed by a two-year stint in the oil and gas industry in a variety of staff accounting and finance roles. He succeeds Brian Coderre, who has served as acting CFO and will continue to serve as IRI’s North American CFO.

Sid Nayar

National Technical Systems, Inc. (NTS) [ANAHEIM, CA] announced that Sid Nayar has joined NTS as Chief Financial Officer (“CFO”). Nayar joins NTS after serving as CFO at Nautilus. Prior to Nautilus, Nayar held positions of Senior Vice President of Finance and CFO at Congoleum Corporation.

Tom Kurrikoff

REGO Restaurant Group [DENVER] announced that former TGI Fridays Chief Financial Officer Tom Kurrikoff has been named Chief Financial Officer. Prior to TGI Fridays he was SVP at Blockbuster Inc., Pizza Hut Inc. and Burger King Corp,

Eos Energy Storage [EDISON, NJ] announced Mack Treece as Chief Financial Officer. Prior to Eos, Mack was the CEO of Viridity Energy Solutions, Inc. as well as COO and CFO of Viridity,

VTS [NEW YORK] announced the appointment of Bob Bies as Chief Financial Officer (CFO). Bies joins VTS from Syncsort where he served as CFO for over two years. Prior to Syncsort, Bies served as CFO at Cannondale Investments, Inc., post-exit advisor at Microsoft, executive vice president and CFO at Greenfield Online, Inc., and CFO at JGI. Bies began his career at Deloitte in New York City.

Tortoise [LEAWOOD, Kansas] has named Senior Managing Director Michelle Kelly Johnston as Chief Financial Officer. Johnston joined Tortoise in 2006 and most recently served as Tortoise’s Chief Strategy Officer. Prior to joining Tortoise, Johnston was an investment banker for Goldman, Sachs & Co. in its industrial and natural resources group in Chicago and its financial institutions group in New York.

Epizyme, Inc. [CAMBRIDGE, MA] (NASDAQ: EPZM) announced the appointment of Paolo Tombesi as chief financial officer, effective August 2019. Tombesi most recently served as the chief financial officer at Insmed, Incorporated. Prior to his role at Insmed, Incorporated, Tombesi served as the chief financial and administration officer at Novartis Pharmaceuticals Corporation in the U.S. He joined Novartis in 2006 as chief financial officer, Europe, oncology, and held several positions of increasing responsibility, including serving as managing director and chief financial officer of Novartis Japan. Prior to joining Novartis, Tombesi held various financial positions with Bristol-Myers Squibb, including senior finance director, EMEA. He also previously held various positions with Unilever NV and Johnson & Johnson.

Guest Services, Inc. [FAIRFAX, VA] announced the appointment of Daniel Stoltzfus as the Chief Financial Officer (CFO). Previously, as Chief Financial Officer of Fundation Group LLC.

MGIC Investment Corporation [MILWAUKEE] (NYSE: MTG) announced that Timothy Mattke, formerly Executive Vice President and Chief Financial Officer, has been appointed CEO and to the board of directors. Nathaniel Colson, former Vice President – Finance, has been appointed to the role of Executive Vice President and Chief Financial Officer. Mattke has been with the company since 2006. He served as Executive Vice President and Chief Financial Officer since 2014 and as Controller from 2009-2014. Previously, Mattke held other positions within the company’s accounting and finance departments. Before joining the company, Mattke was an Audit Manager with PricewaterhouseCoopers LLP. Colson has been with the company since 2014. He served as Vice President– Finance since 2019 and previously as Assistant Treasurer and other positions within the company’s finance and risk departments. Before joining the company, Colson was a Senior Audit Manager with PricewaterhouseCoopers LLP.

Obsidian Therapeutics [CAMBRIDGE, MA] announced the appointment of Ryan Daws as Chief Financial Officer and Head of Business Development. Daws most recently served as a Managing Director in the Healthcare Investment Banking Group at Robert W. Baird & Co. with a focus on life sciences companies. Prior to Baird, Mr. Daws was the Chief Financial Officer of Concert Pharmaceuticals, Inc. Prior to that, Mr. Daws was a life science-focused investment banker at Stifel and Cowen.

Juan Carlos Alvarez

Santander Holdings USA, Inc. (Santander US) [BOSTON] and Santander Consumer USA Holdings Inc. (SC)  (NYSE: SC) announced that Juan Carlos “JC” Alvarez will become Santander US and SBNA CFO, effective Sept. 16, 2019. Alvarez currently serves as the CFO at SC, a role he has held since 2017. Alvarez succeeds Duke Dayal in his capacity as Santander US CFO. Fahmi Karam, SC’s Head of Pricing and Analytics, will succeed Alvarez as CFO of SC, effective Sept. 16, 2019. Karam will continue to lead the Pricing and Analytics group in addition to his new role.

CAN Capital [KENNESAW, GA] announced the hiring of John McNeill as its new Chief Financial Officer (CFO). McNeill joins CAN from Ocwen Financial Corporation where he served as Senior Vice President of Servicing Finance, Treasury and Investor Relations. Before that, he served as Vice President of Finance and Treasurer at Home Loan Servicing Solutions, and has also worked in various financial capacities at WestRock and KPMG.

AutoNation, Inc. [FORT LAUDERDALE, Fla.,] (NYSE: AN) announced that Cheryl Miller, AutoNation’s Chief Financial Officer, has been appointed Chief Executive Officer and President. The Company also announced that Christopher Cade, Senior Vice President and Chief Accounting Officer, has been appointed interim Chief Financial Officer.

Spectacular Solar, Inc. [RAHWAY, NJ] (OTCPK: SPSO) announced that Antonio Perez has joined the company as Chief Financial Officer. Perez served previously as Financial Controller and Director at Stressbar Systems International LLC and prior to that as Chief Operating Officer at World T.V. Entertainment.

ascena retail group, inc. [MAHWAH, NJ] (NASDAQ: ASNA) announced that Dan Lamadrid, SVP, Finance and Chief Accounting Officer, has been promoted to Executive Vice President and Chief Financial Officer, effective August 4, 2019, replacing Robb Giammatteo, who informed the company that he intends to leave ascena at the end of August.  Lamadrid joined ascena in 2017 as SVP, Finance and Chief Accounting Officer, after serving as SVP, Chief Accounting Officer at Vitamin Shoppes and VP/Controller at Ralph Lauren.  Prior to these roles, Mr. Lamadrid held finance leadership roles at Hartz Mountain Corporation and Toys R Us after starting his career in public accounting.

3Gtms [SHELTON, CT] announced that Jeff Ritter has been named chief financial officer. His prior experience includes serving as chief financial officer of TMW Systems for more than 15 years. Prior to TMW, Ritter held positions with KPMG Peat Marwick, and ITS, Inc., and ASAP, Inc.

Ziopharm Oncology, Inc. [BOSTON] (NASDAQ: ZIOP) announced that Satyavrat “Sath” Shukla has been appointed as the Company’s Chief Financial Officer. Shukla most recently was Vice President and global Head of Corporate Finance for Vertex Pharmaceuticals. Prior to Vertex, Shukla was a Principal at Cornerstone Research. Prior to Cornerstone, he worked for finance consulting firms LECG and Putnam, Hayes & Bartlett.

Funko, Inc. [EVERETT, Washington] (NASDAQ: FNKO) announced the appointment of Jennifer Fall Jung as Chief Financial Officer, effective August 13, 2019. Fall Jung will succeed Russell Nickel, whose planned departure was previously announced on April 16, 2019. During her tenure at Gap, Inc., Ms. Fall Jung also served in several roles at Old Navy, including Chief Financial Officer and Senior Vice President of Old Navy Global and Head of International. Other previous roles include Chief Financial Officer and Senior Vice President of Gap North America and Chief Financial Officer and Vice President of Strategy and Real Estate for Gap, Inc. Outlet.

Hickory Farms [CHICAGO, None] announced that Kevin Rule has been named the company’s new Chief Financial Officer (CFO). Before joining Hickory Farms, Kevin served as Vice President Finance & Controller, Business Unit Chief Financial Officer for the North American Division of Consumer Paint at the Sherwin-Williams Company. From 2015-2017 he held the role of Senior Director and Head of Finance, North America Consumer Paint for the Valspar Corporation. Prior to Valspar, Kevin spent 17 years at Kraft Foods where he held a variety of financial positions that supported multiple verticals including manufacturing and supply chain, in addition to corporate financial planning and analysis.

Idera Pharmaceuticals, Inc. [EXTON, PA] (NASDAQ: IDRA) announced the and the promotion of John J. Kirby to Chief Financial Officer. Kirby has led Idera’s finance department as Principal Financial Officer and Principal Accounting Officer since October 2018.  Kirby has been the Company’s Vice President of Finance since July 2018.  Before joining Idera in 2015, Mr. Kirby served as Assistant Controller at Endo Pharmaceuticals.  Prior to joining Endo, Mr. Kirby served as Vice President, Chief Accounting Officer and Corporate Controller at ViroPharma Incorporated. Mr. Kirby began his career at KPMG, LLP and served as a Regional Audit Director at AstraZeneca Pharmaceuticals prior to joining ViroPharma.

John Hart

NES Financial [SAN JOSE, CA] announced the appointment of John Hart as Chief Financial Officer. His prior experience includes senior management assignments at Varian, Apple and Dell.

Doug Hansen

Access Healthcare [DALLAS] announced that Doug Hansen has been appointed as Chief Financial Officer. Hansen has vast experience in these roles with a portfolio such as MedSynergies, Inc (now a part of Optum, a division under United Healthcare), Accelion Health, and Dell (formerly known as Perot Systems), under the Healthcare division.

IWCO Direct [CHANHASSEN, MN] announced the retirement of its long-time president and chief financial officer, Joe Morrison. Jake Hertel has been promoted to executive vice president and CFO. He previously held the position of vice president of finance and joined IWCO Direct in 2007 as manager, financial planning and analysis.

Enservco Corporation [DENVER, CO] (NYSE American: ENSV) announced the appointment of Marjorie Hargrave as Chief Financial Officer. Hargrave succeeds Dustin Bradford, who will remain with the Company to assist in the transition prior to pursuing other interests. Hargrave is the former Chief Financial Officer of CTAP, LLC.  Prior to CTAP, Hargrave was Chief Financial Officer of High Sierra Energy, LP.  Prior assignments include VP of Finance at Black Hills Corporation, Finance Consultant with Xcel Energy, Vice President Investment Banking with Merrill Lynch, Financial Analyst with Commercial Union Capital, and Portfolio Administrator and Research Analyst with Franklin Research & Development.

VERA [PALO ALTO, CA] announced that Bill Gadala is joining as Chief Financial Officer. Most recently, Gadala was the VP of Financial Planning and Analysis at Innovative Interfaces. Prior to that, he led the FP&A team through the IPO of FXalliance, and led the integration of the Finance function at Softek and Internet Security Systems while at IBM.

Lakeland Industries, Inc. [RONKONKOMA, NY] (NASDAQ: LAKE) announced the appointment of Allen E. Dillard to the position of Chief Financial Officer, effective August 12, 2019. Mr. Dillard replaces Teri W. Hunt who resigned on May 10, 2019. For the past 4 years Dillard served as Chief Financial Officer of Digium, Inc. For the preceding 12 years, he held the position of Chief Executive Officer of Mobular Technologies, having been promoted from COO while also serving as a member of its Board of Directors. Earlier, he served as Treasurer and Director of Corporate Communications at Wolverine Tube, Inc. (WLV). Previously he served as Corporate Vice President, Treasurer and Chief Financial Officer of Nichols Research Corporation.

Envision Solar International, Inc. [SAN DIEGO] (NASDAQ: EVSI) announced that Katherine H. McDermott has joined the executive team as chief financial officer. Prior to her appointment at Envision Solar, she was the chief financial officer for Steico Industries, a subsidiary of global aerospace company Senior plc. Prior to that, she served for 10 years as chief financial officer for LRAD Corporation. She also served in leadership positions in the financial departments of National Pen, Lantronix, Inc., Bausch & Lomb and with a component division of General Motors.

ARC Group, Inc. [JACKSONVILLE, FL] (OTCQB: RLLY) announced the appointment of Alex Andre as Chief Financial Officer. Mr. Andre will also be appointed as General Counsel once licensing and registration requirements are completed in the state of Florida. Prior to joining ARC Group, Mr. Andre served as the Co-Founder and Co-Manager of THS Ventures, LLC. He also served as a financial, legal and business consultant for a variety of public and private companies, including ARC Group. Prior to that, Mr. Andre served as the Chief Financial Officer, and later Chief Executive Officer, of HMS, LLC. During his career, Mr. Andre served as the Chief Financial Officer and General Counsel for a national healthcare membership company, and served as the Chief Financial Officer and General Counsel for a biotech company that he co-founded. Earlier in his career, Mr. Andre served as a corporate and securities attorney for the international law firms of Sullivan & Worcester LLP and Duane Morris LLP, and served as an accountant for KPMG LLP.

Remark Holdings, Inc. [LAS VEGAS] (NASDAQ: MARK) announced that Alison Davidson, the Company’s Interim Chief Financial Officer (“CFO”), will step down on August 2, 2019. Ms. Davidson will be relocating to the East Coast with her family and will therefore pursue other endeavors. The Company also announced that it is in the final stages of the CFO search process and expects to name a new CFO soon.

Aptean Inc. [ALPHARETTA, GA] announced the appointment of Kevin McAdams as its new Chief Financial Officer. Most recently, McAdams served as the CFO of Premiere Global Services Inc. (PGi). Throughout his tenure at PGi, he also held roles including Senior Vice President of Global Financial Planning and Analysis, Corporate Controller and CFO for North America. McAdams has over 30 years of experience in business analysis, accounting, financial planning and financial management. McAdams began his career with KPMG, followed by leadership roles at Verizon Wireless, McKesson Corporation, MedQuest Associates and PGi.

High Brew Coffee [AUSTIN, TX] hired Bill Blankemeier as Chief Financial Officer. Previously, Blankemeier worked at companies including Serenova, Periscope Holdings and NurturMe.

CFO Moves – week ending August 2, 2019

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CFO Moves this week include:

Lyra Therapeutics, Inc. Bidtellect Fisher & Paykel
ExtraHop Somos, Inc. One Technologies, LLC
Ygrene Energy Fund CHS Inc. Quovant
ShiftPixy, Inc. Infinera Corporation Northrop Grumman Corporation
DigitalOcean Revature AML RightSource
BioLabs NuCurrent SKOUT CYBERSECURITY
Turning Point Therapeutics, Inc. GE Maxim Integrated Investor Relations
Exide Technologies Regulus Therapeutics Inc. SME
Lannett Company, Inc. Kentik Curvature
MATH Venture Partners

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NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Don Elsey

Lyra Therapeutics, Inc. [WATERTOWN, MA] announced that Don Elsey will join as the company’s Chief Financial Officer. Elsey most recently was Chief Financial Officer of Senseonics, Inc. Previously, he served as Chief Financial Officer of Regado Biosciences Corporation, and of LifeCell Corporation. Elsey was Chief Financial Officer of Emergent Biosolutions Corporation. Earlier in his career, he held senior financial positions at BioVeris Corporation, Igen, Inc. and PE Corporation (Applera). Elsey currently serves on the boards of directors of OpGen, Inc. and RegeneRx Biopharmaceuticals, Inc.

Jack McClunn

Bidtellect [DELRAY BEACH, FL] announced the appointment of Jack McClunn as the company’s Chief Financial Officer. Before joining Bidtellect, Jack served as CFO of Tilting Point Media, before which he served as CFO of DoubleVerify for five years. Prior to DoubleVerify, McClunn held CFO positions at SelectMinds Inc., later acquired by Oracle Corporation; and SpaFinder Inc.

Fraser Allan

Fisher & Paykel [COSTA MESA, CA] announced the appointment of Fraser Allan as Chief Financial Officer. Allan joined Fisher & Paykel in April 2017 and most recently has been serving as the Chief Financial Officer in New Zealand. Prior to Fisher & Paykel, Allan held several finance roles at companies such as KPMG and Spark New Zealand Limited.

ExtraHop [SEATTLE] announced the appointment of Bill Ruckelshaus as its Chief Financial Officer (CFO). Previously, Ruckelshaus  was CEO and President at Blucora. Prior to Blucora, Ruckelshaus held CFO and COO positions with companies including Expedia and AudienceScience. His experience also includes leadership roles at financial institutions including Credit Suisse and Prudential.

Rachael Methal

Somos, Inc. [EAST BRUNSWICK, N.J.] announced the hiring of Rachael Methal as its Senior Vice President and Chief Financial Officer. Methal most recently served as the Chief Financial Officer at ClickPay.

Gayle Anderson

One Technologies, LLC [DALLAS] announces the appointment of Gayle Anderson as Chief Financial Officer. Anderson spent six years at Match.com, where she served as executive vice president of corporate development, CFO, and vice president of global finance. She also worked at DigiWorksCorp, Dallas Zoo Management, International Rectifier Corp., and The Walt Disney Co.

Ygrene Energy Fund [PETALUMA, CA] announced the appointment of Greg Saunders as Chief Financial Officer. Saunders joins Ygrene from CleanFund Commercial PACE Capital Inc.  where he served as CleanFund’s Chief Executive and Financial Officer. Previously, Saunders served in CFO and COO roles at publicly traded and venture-backed specialty finance companies, most recently as the Chief Financial Officer at Project Frog Inc., and Tioga Energy Inc. Saunders succeeds Tim Condon, who is retiring.

CHS Inc. [ST. PAUL, MN] (NASDAQ: CHSCP) announced that Tim Skidmore, executive vice president and chief financial officer, is retiring effective December 31, 2019.

Quovant [NASHVILLE, TN] announced that Scott Craighead has joined as chief financial officer and brings more than 20 years of professional experience in public and privately owned entities.

ShiftPixy, Inc. [IRVINE, CA] (NASDAQ: PIXY) announced the hiring of Domonic “DJ” Carney as chief financial officer, replacing Patrice Launay who is leaving the company. Over the course of his impressive career, since serving as senior auditor at Deloitte & Touche in the early 1990s, Carney has twice served as Chief Financial Officer and has worked with an impressive group of public and private companies, from large corporations to high-growth startups spanning the high technology, contract manufacturing, advanced materials, and energy sectors.

Infinera Corporation [SUNNYVALE, CA] (NASDAQ: INFN) announced the appointment of Nancy Erba as Senior Vice President, Strategic Finance, and her subsequent appointment as Infinera’s new Chief Financial Officer (CFO), effective August 26, 2019. Erba will replace Brad Feller. Erba was CFO for Immersion Corporation. Prior to Immersion, she held numerous global leadership positions spanning functions and markets at Seagate Technology. These roles included Vice President, Financial Planning and Analysis, Division CFO and Vice President of Finance for Strategic Growth Initiatives, and Division CFO and Vice President of Finance of the Consumer Solutions Division.

Northrop Grumman Corporation [FALLS CHURCH, VA] (NYSE: NOC) appointed Todd Ernst, vice president of investor relations, reporting to Ken Bedingfield, corporate vice president and chief financial officer. Ernst succeeds Steve Movius, who will continue to serve as corporate vice president and treasurer until his planned retirement in early 2020. Prior to joining Northrop Grumman, Ernst served as vice president of investor relations at GE. Previously, he was vice president of corporate development at Raytheon, and led investor relations for seven years. Ernst joined Raytheon in 2010 as director, competitive assessment for corporate strategy. Ernst has also held senior positions at Balyasny Asset Management and Neuberger Berman.

DigitalOcean [NEW YORK] announced that it has appointed Bill Sorenson as its new Chief Financial Officer, who will help scale the company’s global finance organization. Most recently, Sorenson was the CFO at Enernoc. Previously, Sorenson served for five years as the CFO of Qlik.

Revature [RESTON, VA] announced the hiring of Arjun Ganesan as Chief Financial Officer. Before joining Revature, Ganesan spent nearly 15 years at ITG, as the Global Head of Corporate Development, Strategy and Financial Planning & Analysis.

AML RightSource [CLEVELAND] announced the appointment of Todd Ayers as Chief Financial Officer. Ayers previously was Vice President of Finance.

John R. Freeman

BioLabs [CAMBRIDGE, MA] announced that John R. Freeman joined as Chief Financial Officer. Freeman was most recently as CFO of the Lumeon. He also led the Boston office of Tonneson + Co.

NuCurrent [CHICAGO] announced the appointment of Stephen G. Wasko as its chief financial officer. Wasko led Illinois Superconductor Technology Corporation, where he was the founding CFO of a company. Wasko also served as CFO for Nanosphere, Inc. Wasko recently served as President/COO/CFO of ViMedicus, Inc.; as CFO and head of business development for Perceptual Robotics, Inc.; and as President/COO of Molecular Diagnostics, Inc.

SKOUT CYBERSECURITY [NEW YORK] announced it has appointed Don O’Neill as its new Chief Financial Officer. Most recently, he was Senior Vice President of Operations at Datto Inc. O’Neill also previously served as Datto’s Controller and interim CFO and played a leadership role during Vista Equity’s acquisition of the company and its subsequent merger with Autotask.

Turning Point Therapeutics, Inc. [SAN DIEGO] (NASDAQ: TPTX) named Yi Larson as executive vice president and chief financial officer, effective Aug. 26. Larson joins the company from Goldman Sachs & Co. where she worked for more than 12 years and most recently served as managing director of Healthcare Investment Banking.

GE [BOSTON] (NYSE: GE) announced that GE Senior Vice President and Chief Financial Officer Jamie S. Miller will transition from her role as CFO. Ms. Miller joined GE in 2008 as Vice President, Controller and Chief Accounting Officer. She went on to become GE’s Chief Information Officer. After two and a half years in that role, she became the President and CEO of GE Transportation. Ms. Miller was appointed SVP and Chief Financial Officer of GE in October 2017.

Maxim Integrated Products, Inc. [SAN JOSE, CA] (NASDAQ: MXIM) announced that Brian C. White will join Maxim on August 12, 2019. He will be appointed chief financial officer (CFO) after the filing of Maxim’s fiscal year 2019 Annual Report, estimated to be filed on August 16. Maxim Integrated’s current CFO, Bruce Kiddoo, will serve in an advisory role through October 2, 2019, after which he will retire to support non-profit causes. Most recently, White was the CFO at Integrated Device Technology (IDT) for almost six years. Prior to his role as CFO, he served as IDT’s vice president of finance and treasurer for six years. Additionally, Mr. White has held a variety of financial and operational management positions at companies including Hitachi GST, IBM and Deloitte.

Lou Martinez

Exide Technologies [Milton, GA] announced the appointment of Lou Martinez as Executive Vice President and Chief Financial Officer. Martinez succeeds Tony Genito, who is retiring from Exide. Martinez joined Exide in 2005 and most recently held the position of Chief Accounting Officer and Corporate Controller. Prior to that, Mr. Martinez served as Corporate Controller for AirGate PCS, Cotelligent and Aegis Communications Group.

Regulus Therapeutics Inc. [LA JOLLA, CA] (NASDAQ: RGLS) announced the appointment of Cris Calsada as its new Chief Financial Officer effective August 30, 2019. Calsada joins Regulus from Sanifit where she has served as Chief Financial Officer since December 2017. Prior to her employment with Sanifit, Ms. Calsada was self-employed as a finance consultant to various life sciences companies. From 2004 until its acquisition in 2015, she served in positions of increasing responsibility with Ambrx, most recently serving as its Chief Operating Officer and Vice President of Finance. Prior to Ambrx, she worked for Sony Online Entertainment as its Executive Director of Finance and Controller.

Craig Connop

SME [SOUTHFIELD, Mich.] announced the hiring of Craig Connop as its new Chief Financial Officer. Most recently, Connop served as the Vice President of Finance at Stoneridge Control Devices. Previously, Craig was the CFO and VP of Finance and IT at GKN Driveline Americas.

Lannett Company, Inc. [PHILADELPHIA] (NYSE: LCI) announced the appointment of John Kozlowski as chief financial officer (CFO), effective August 31, 2019. He succeeds Martin Galvan, who, as previously announced, will retire on August 30, 2019, following the planned submission of the company’s Form 10-K for fiscal year 2019. Kozlowski presently serves as the company’s chief of staff and strategy officer. Prior to joining Lannett, Kozlowski held senior finance positions with Finisar Australia (formerly Optium Australia) and Optium Corporation.

Kentik [SAN FRANCISCO] announced the appointment of Alfred Yu as chief financial officer. Yu joins Kentik with over 20 years of experience, including senior positions at Bill.com and Evernote.

Curvature [CHARLOTTE, NC] announced the appointment of Sreekant Kasibhatta as the company’s new CFO. Previously, Kasibhatta served as CFO for RGIS. Prior to that, Kasibhatta held roles of increasing scope and seniority during 14 years at Tyco International. He also served as VP and CFO of Tyco’s Growth Markets. Additionally, Kasibhatta was the VP and CFO of Tyco Integrated Security, formerly ADT Commercial, a division of Tyco’s North American Installation & Services.

MATH Venture Partners [CHICAGO] announced the addition of Josh Leavitt as its Chief Financial Officer. Previously, Josh was a Market President for Green Thumb Industries and the Co-Founder & CEO of Zoku Technologies. Prior to that, from 2007 to 2016, Josh was the CFO of a Chicago-based hedge fund.

CFO Moves – week ending August 9, 2019

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CFO Moves this week include:

Eventbrite Yelp SG360°
Leggett & Platt CrossCountry Consulting GigCapital
Veridocs Enfusion Standex International Corporation
SQZ Biotechnologies Rite-Solutions Codexis
ShootProof, Sheppard Pratt Health System insitro
American Oncology Network Rodin Therapeutics BioVentrix
ZOOM+Care Vectrus Allegheny Technologies Incorporated
DiamondRock Hospitality Company Aprea Therapeutics Sonic Foundry
ReShape Lifesciences Promises Behavioral Health Heavenly Rx

Would you like to receive our weekly CFO Moves directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Eventbrite [SAN FRANCISCO] (NYSE: EB) announced the appointment of Lanny Baker as Chief Financial Officer, effective September 3, 2019. Baker will succeed Randy Befumo, who has held key executive roles with Eventbrite since 2013 and served as Eventbrite’s Chief Financial Officer since 2016. Befumo will move into the role of Chief Strategy Officer for the company. Baker joins Eventbrite from Yelp, where he was Chief Financial Officer. Prior to joining Yelp, he served as Chief Executive Officer of ZipRealty and Chief Financial Officer for Monster Worldwide. Baker has also served as a Board director for public companies including HomeAway, XO Group and Leaf Group.

Yelp Inc. [SAN FRANCISCO] (NYSE: YELP) announced that Charles “Lanny” Baker will step down as Chief Financial Officer of Yelp, effective September 2, 2019, in order to accept an executive position at another company. Finance Vice President James Miln will become interim Chief Financial Officer upon Baker’s departure. Miln currently leads Financial Planning and Analysis at Yelp, brings to the role more than a decade of leadership experience spanning companies including eBay, Yahoo!, and Unilever.

Don Eldert

SG360° [WHEELING, Ill.] announced that Don Eldert is joining the company and its Board of Directors as executive vice president and chief financial officer. Prior to joining SG360°, Eldert held a dual role as EVP, COO-CFO of Frontline Tooling Solutions. Eldert’s previous roles also include president and co-CEO of Micronics Industrial Filtration, EVP and CFO of ASG, CFO of Atlas Materials Testing, and other senior-level financial and operational leadership positions in Fortune 200 companies such as Bayer AG and FMC.

Leggett & Platt [CARTHAGE, Mo.] announced that Jeffrey L. Tate will join the Company as Executive Vice President and Chief Financial Officer effective September 3, 2019. Jeff brings 27 years of senior-level finance, operating, and general management experience with The Dow Chemical Company. In his most recent role, Jeff served as Vice President and Business CFO for Dow’s largest operating segment, Packaging & Specialty Plastics. In prior roles, Jeff served as Chief Audit Executive leading Dow’s global Internal Audit/Investigation activities and was also Director of Investor Relations.

Amy Seibel

CrossCountry Consulting [MCLEAN, VA.] announced that Amy Seibel has been appointed Chief Financial Officer. Seibel most recently served as the Chief Financial Officer of Knowland. Prior to her role at Knowland, Ms. Seibel served as CFO at BIA Digital Partners, and for many years as business unit CFO at JPMorgan Chase Vastera. Ms. Seibel began her career in the technology audit practice at Arthur Andersen LLP.

GigCapital, Inc. [PALO ALTO, Calif.] (NYSE: GIG, GIG.U, GIG.RT, and GIG.WS) announced that Brad Weightman has been appointed to the position of Chief Financial Officer. Weightman replaces Tara McDonough who is departing the company at her personal choice to pursue other interests. Most recently, Weightman was Senior Business Controller at Integrated Device Technology, Inc. (IDT), prior to IDT being acquired by Renesas Electronics Corp. Previously, Weightman was Corporate Controller at GigPeak Inc., formerly GigOptix, prior to GigPeak being acquired by IDT. Additionally, Brad has held various finance and accounting positions at Echelon Corporation, as well as large corporations such as AMD and Xerox.

Veridocs Inc. [MINNEAPOLIS] announced that Andrea Oprosko has been promoted to Chief Financial Officer (CFO). Andrea has been with the company for nine years.

Enfusion [CHICAGO] announced the appointment of Steve Dorton as Chief Financial Officer. Most recently, he served as CFO at Quinnox and held leadership roles prior at Invision Capital, NAVTEQ and the Walt Disney Company.

Standex International Corporation [SALEM, N.H.] (NYSE: SXI) announced that Chief Financial Officer Thomas DeByle is being promoted to Chief Operating Officer, a newly created position in the Company.  DeByle will be succeeded by Ademir Sarcevic. Sarcevic will be joining Standex from Pentair plc where he has been serving as its Senior Vice President and Chief Accounting Officer. These appointments are effective September 9, 2019. Previously, Mr. Sarcevic held several senior financial roles at Pentair plc including Chief Accounting Officer and Chief Financial Officer for the Pentair Valves and Controls segment.  Prior to that, he worked in several finance, controllership and audit roles at Eisai Inc. and Tyco International.

SQZ Biotechnologies [WATERTOWN, Mass.] announced the appointment of Teri Loxam as chief financial officer. Loxam most recently served as senior vice president of investor relations and global communications at Merck & Co. Prior to Merck, Ms. Loxam served as vice president of investor relations at IMAX Corporation. Ms. Loxam also spent eleven years at Bristol-Myers Squibb, where she held positions of increasing responsibility across strategic planning and portfolio management, treasury and investor relations.

Rite-Solutions [MIDDLETOWN, R.I.] promoted Chad Seelig to the position of Chief Financial Officer (CFO). Seelig most recently as the company’s Corporate Finance and Administration Manager. Before joining Rite-Solutions, Mr. Seelig was a Financial Officer at the Naval Undersea Warfare Center (NUWC). He was also a Senior Financial Analyst at SAIC for eight years prior to NUWC.

Codexis, Inc. [REDWOOD CITY, Calif.] (NASDAQ: CDXS) announced the appointment of Ross Taylor as Senior Vice President and Chief Financial Officer. Codexis CFO Gordon Sangster will remain with the company through the end of August, at which time he will retire. Taylor served as CFO at Abaxis, Inc. from 2015 through the sale of the company to Zoetis in July 2018. Prior to his position as CFO, Mr. Taylor was Vice President of Business Development and Investor Relations at Abaxis. Previously, Mr. Taylor served for more than 20 years in equity research at various Wall Street firms including CL King & Associates, UBS, and Smith Barney.

ShootProof [ATLANTA] announced the appointment of Lisa Hyde as its chief financial officer. Hyde joins ShootProof from Bluefin. During nearly four years with the company, she held roles of SVP of Operations and VP of Financial Planning and Control. Prior to Bluefin, Hyde served as SVP of Finance and Accounting at Veracity Payment Solutions and previously held executive finance and operations positions at Elavon.

Kelly Savoca

Sheppard Pratt Health System [BALTIMORE] announced the appointment of Kelly Savoca as its new vice president and chief financial officer. Savoca has developed her career at Sheppard Pratt over the last 16 years, serving as a controller and financial analyst before taking the role of CFO. Previously, Savoca worked in wealth management and accounting at Legg Mason.

insitro [SOUTH SAN FRANCISCO] announced Mary M. Rozenman, Ph.D., has joined as the company’s chief financial officer and chief business officer. Prior to joining the insitro team, she served as the senior vice president of corporate development and strategy at Aimmune Therapeutics. Before Aimmune, Dr. Rozenman was a vice president at Longitude Capital, where she focused on biotechnology investments and participated in multiple therapeutics investments and boards of directors, including observing on Aimmune’s board. Dr. Rozenman was also previously a junior partner at McKinsey & Company, focused on pharmaceuticals and corporate finance. Her scientific work has been published in premier scientific journals, and she is a named inventor on several patents.

American Oncology Network, LLC (AON) [Fort Myers, FLA.] has named Nathan H. Walcker as Chief Financial Officer. Prior to joining AON, Walcker was a member of Bank of America Merrill Lynch’s healthcare investment banking group.

Rodin Therapeutics [BOSTON] announced the appointment of Ajim Tamboli as chief financial officer. Tamboli comes to Rodin from Asymmetry Capital Management where he was focused on life sciences investing. He previously was a partner at Endurant Capital Management, which he co-founded and spun out from Columbia Management. Earlier in his career, Tamboli led coverage of multiple biopharma companies and executed dozens of IPOs and follow-on offerings as an equity analyst at Lehman Brothers. He also worked as a biotech and healthcare analyst at Credit Suisse and Lazard Freres.

BioVentrix, Inc. [SAN RAMON, Calif.] announced the appointment of William Abbott as Chief Financial Officer. Abbott has been a CFO for 15 years for companies such as Hancock Jaffe, Apollo Medical, and Cardiogenesis, and prior to that served in various VP of Finance/Accounting roles for another 15 years.

ZOOM+Care [PORTLAND, Ore.] announced that Kyle Dean has joined the company as Chief Financial Officer. Dean previously held the position of Chief Financial Officer at the Portland Bottling Company.

Vectrus, Inc. [COLORADO SPRINGS, Colo.] (NYSE: VEC) announced that Susan Lynch has been appointed senior vice president and chief financial officer.  Lynch was most recently executive vice president and chief financial officer for Sungard Availability Services (Sungard AS). Before joining Sungard AS, Lynch was executive vice president and chief financial officer for Hitachi Data Systems (now Hitachi Vantara). Prior to Hitachi Data Systems, Lynch served as vice president and chief financial officer for Raytheon Technical Services Company. Prior to Raytheon, she held a broad range of senior management roles at Honeywell International including Assistant Corporate Controller, Global Business Services; Director of Business, Analysis and Planning; and CFO for the Latin American region.

Allegheny Technologies Incorporated [PITTSBURGH] (NYSE: ATI) announced that Patrick J. DeCourcy, who has served as the Company’s Senior Vice President, Finance and Chief Financial Officer since 2013, intends to retire on March 31, 2020.

DiamondRock Hospitality Company [BETHESDA, Md.] (NYSE: DRH) announced the appointment of Jeffrey J. Donnelly as Executive Vice President & Chief Financial Officer effective August 19, 2019. Prior to joining the Company, Mr. Donnelly was the Managing Director of Equity Research at Wells Fargo Securities. Prior to Wells Fargo, Mr. Donnelly was Assistant Vice President at AEW Capital Management.

Aprea Therapeutics [BOSTON and STOCKHOLM] announced the appointment of Scott Coiante as Senior Vice President and Chief Financial Officer. Scott Coiante joins Aprea from Agile Therapeutics, where he was Senior Vice President and Chief Financial Officer.  Prior to joining Agile, he was from 2002 Vice President of Finance and Treasurer at Medarex, Inc.

Sonic Foundry [MADISON, Wisconsin] announced Chief Financial Officer Ken Minor will retire effective Oct. 1 after 22 years with the company. Minor will continue to serve as a consultant for Sonic Foundry as Interim Chief Financial Officer until a transition of his duties are complete and will continue as a Senior Financial Advisor through Sept. 30, 2020.

ReShape Lifesciences Inc. [SAN CLEMENTE, CA] (OTCQB: RSLS) announced Scott Youngstrom will resign as Chief Financial Officer effective October 1, 2019.

John P. Hart

Promises Behavioral Health [NASHVILLE, Tenn.] announced that John P. Hart has joined the Company as Chief Financial Officer. Hart has more than 25 years of experience as a senior financial executive including more than 15 years in the healthcare industry. His previous positions include Senior Vice President, CFO and Treasurer at National Surgical Healthcare and Senior Vice President of Finance at Surgery Partners as well as Corporate Controller and Chief Accounting Officer at NovaMed.

Heavenly Rx Ltd. [FORT LAUDERDALE, FL] announced Bill Wolz as Chief Financial Officer. Prior to joining HeavenlyRx, Bill served as the CFO of Vision Group Holdings, the CFO and Chief Operating Officer of Shoes for Crews, and CFO of Pabst Brewing Company. Bill has also held senior leadership roles with Aon Hewitt, RR Donnelley and AT&T.

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