Quantcast
Viewing all 281 articles
Browse latest View live

CFO Moves – week ending November 18, 2016

CFO Moves this week include:

Golden Entertainment, Inc. NatureSweet Tomatoes Helios and Matheson Analytics
Asterias Biotherapeutics, Inc. Millendo Therapeutics, Inc. NN, Inc.
Gap Inc. Cambridge Bancorp PeoplesBank
Zebra Technologies Corporation Entercom Communications Corp. Ping Identity
WCA Waste Corporation RealD Huntsman Corporation
Molson Coors Brewing Company Drew Industries Incorporated Lamb Weston Holdings, Inc.
Black Box Corporation Royal Financial, Inc. Callidus Software Inc.
Evolve BioSystems, Inc Snap Interactive, Inc. Alarm.com
Midland States Bancorp, Inc. Digital Map Products IBC Advanced Alloys Corp.
Actuant Corporation DSW Inc.

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.

NEW: 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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Golden Entertainment, Inc. [LAS VEGAS] (NASDAQ: GDEN) announced that Charles Protell will be named Executive Vice President, Chief Strategy Officer and Chief Financial Officer of the Company. Mr. Protell most recently was a Managing Director of Investment Banking for Macquarie Capital. Prior to Macquarie Capital, he held similar investment banking positions with REGAL Capital Advisors, Credit Suisse, Deutsche Bank, and CIBC World Markets. In addition, Gary Vecchiarelli will be joining Golden Entertainment as Senior Vice President of Finance and Accounting. Mr. Vecchiarelli has over 15 years of professional experience in various senior accounting and finance roles. Since 2012, Mr. Vecchiarelli has acted as Chief Financial Officer of Galaxy Gaming. Prior to Galaxy Gaming, Mr. Vecchiarelli served in numerous public accounting roles, including with firms such as BDO USA, LLP, McGladrey & Pullen, LLP and Crawford, Pimentel & Co., Inc. Golden Entertainment’s current Chief Financial Officer, Matthew Flandermeyer, is leaving the Company on November 28, 2016, to pursue family business opportunities. Mr. Protell will begin his employment with the Company by December 1, 2016, and Mr. Vecchiarelli will begin his employment with the Company by January 3, 2017.

Image may be NSFW.
Clik here to view.
Bo Meissner

Bo Meissner

NatureSweet Tomatoes [SAN ANTONIO] announced Bo Meissner as its new chief financial officer. Prior to his time at NatureSweet, Meissner also served in a broad range of finance and accounting roles at Procter & Gamble in the U.S, Canada, and Europe. He also worked at Dr. Pepper Snapple where he was the commercial finance leader, and head of finance.

Helios and Matheson Analytics [MIAMI & NEW YORK] (NASDAQ: HMNY) announced that it is welcoming its new Chief Financial Officer, Stuart Benson. Prior to that, Benson served as CFO of the Sundance Channel. Benson also held leadership positions at Showtime Networks and DeLaurentiis Entertainment Group. He is currently a Board Member of the Media Financial Management Association.

Asterias Biotherapeutics, Inc. [FREMONT, Calif.] (NYSE MKT: AST) announced the appointment of Ryan Chavez to the position of Chief Financial Officer. Mr. Chavez will also retain the title of General Counsel. Mr. Chavez joined Asterias in July 2016 as its Executive Vice President of Finance and General Counsel. Prior to joining Asterias, Mr. Chavez was Vice President and General Counsel of Mallinckrodt’s Autoimmune and Rare Disease Division. Before joining Mallinckrodt in August 2014, he served as Associate General Counsel at Questcor. Prior to joining Questcor in October 2012, he worked at the law firms of Stradling, Yocca, Carlson & Rauth and Rutan & Tucker. Previously, Mr. Chavez served in various financial roles at General Electric Co.

Millendo Therapeutics, Inc. [ANN ARBOR, Mich.] announced the appointment of Christopher J. Seiter as its Chief Financial Officer. Prior to joining Millendo, Mr. Seiter served as a Managing Director at Bank of America Merrill Lynch in the firm’s healthcare investment banking group. During his 17-year tenure there, Chris held various roles of increasing responsibility, including Head of Life Sciences Investment Banking. Prior to that, Mr. Seiter worked in the healthcare investment banking groups at UBS, Dillon Read and Kidder Peabody. Before his career in investment banking, Mr. Seiter served in the U.S. Navy as a nuclear submarine officer for five years.

NN Inc. [JOHNSON CITY, Tenn.] (NASDAQ: NNBR) announced that Thomas C. Burwell, Jr. has been promoted to senior vice president, and chief financial officer. Mr. Burwell, 47, joined NN in September 2005 as corporate controller. In 2011 he was promoted to vice president, chief accounting officer and corporate controller. Prior to joining NN, Mr. Burwell held various positions at Coats Viyella, PLC from 1997 to 2005, ultimately becoming the vice president of finance for the U.S. industrial division.

Gap Inc. [SAN FRANCISCO] (NYSE: GPS) announced the appointment of Teri List-Stoll as executive vice president and chief financial officer. List-Stoll will succeed Sabrina Simmons. Most recently, List-Stoll held the position of executive vice president and chief financial officer for Dick’s Sporting Goods, Inc. Previously, she served in senior finance roles, including chief financial officer for Kraft Foods Group, Inc. List-Stoll spent almost two decades growing her career at The Procter & Gamble Company, where she ultimately served as senior vice president and treasurer. She began her career at Deloitte & Touche LLP.

Image may be NSFW.
Clik here to view.
Michael F. Carotenuto

Michael F. Carotenuto

Cambridge Bancorp [CAMBRIDGE, Mass.] announced that Michael F. Carotenuto has been appointed the company’s Chief Financial Officer. Mr. Carotenuto will succeed Albert R. Rietheimer, who served as Executive Vice President, Chief Financial Officer since 2005. Mr. Carotenuto most recently served as Senior Vice President, Director of Treasury and Internal Reporting at Belmont Savings Bank since 2011. Prior to that he worked at People’s United Financial, Inc. as an Accounting Policies Advisor and was on the Risk Advisory Services staff at Ernst & Young, LLP.

Image may be NSFW.
Clik here to view.
Charles T. Field

Charles Field

PeoplesBank [YORK, Pa.] announced that Charles T. Field has joined the company as Senior Vice President and Chief Financial Officer. Mr. Field will also serve as Treasurer of the Bank’s holding company, Codorus Valley Bancorp, Inc. Most recently, Mr. Field was employed by East River Bank in Philadelphia as Senior Vice President and Chief Financial Officer.  Prior to that, he was employed in the same role by The Westchester Bank.

Image may be NSFW.
Clik here to view.
Olivier Leonetti

Olivier Leonetti

Zebra Technologies Corporation [LINCOLNSHIRE, Ill.] (NASDAQ: ZBRA) announced the appointment of Olivier Leonetti as Chief Financial Officer. He succeeds Michael C. Smiley, who is stepping down. Most recently, Mr. Leonetti served as Chief Financial Officer at Western Digital Corporation. Prior to Western Digital, Mr. Leonetti served as Vice President, Finance – Global Commercial Organization at Amgen, Inc.

Entercom Communications Corp. [BALA CYNWYD, Pa.] (NYSE: ETM) announced that Steve Fisher will be stepping down as Executive Vice President and Chief Financial Officer of the Company. Thereafter, Mr. Fisher will provide consultative services to the Company. Mr. Fisher, has served as the Company’s Executive Vice President and Chief Financial Officer since 1998.

Ping Identity [DENVER] announced the appointment of Raj Dani as Chief Financial Officer. Dani joins Ping from AVI-SPL, where he was CFO. Prior to AVI-SPL, he held leadership financial positions at Flextronics, Jabil Circuit and TeleTech.

WCA Waste Corporation [HOUSTON] announced that it has appointed Dianna Cervantes to the position of Chief Financial Officer. Cervantes joins WCA after serving as Vice President and Chief Accounting Officer of Rockwater Energy Solutions.

RealD [BEVERLY HILLS, Calif.] announced that Jeff Spain has joined the company as Chief Financial Officer. Most recently, he served as CFO at Rentech Inc.

Huntsman Corporation [THE WOODLANDS, Texas] (NYSE: HUN) announced the appointment of Sean Douglas to Executive Vice President and Chief Financial Officer. He replaces J. Kimo Esplin, who was promoted to Executive Vice President, Strategy and Investment, and has been the company’s CFO for 17 years. Mr. Douglas joined the Company in 1990 and has held several positions, most recently Vice President, Corporate Development and Treasurer.

Image may be NSFW.
Clik here to view.
Tracey Joubert

Tracey Joubert

Molson Coors Brewing Company [DENVER & MONTREAL] (NYSE: TAP; TSX: TPX) announced that Tracey Joubert, current Chief Financial Officer of the Company’s US business, has been appointed as Molson Coors’ new Chief Financial Officer. He replaces Mauricio Restrepo has resigned from his position as Chief Financial Officer of Molson Coors Brewing Company. Joubert has served as Executive Vice President and Chief Financial Officer for MillerCoors since 2012. Previously, she was Vice President of finance, planning & analysis and controller for MillerCoors and before that as Director of finance and group services at Miller Brewing Company. She came to Miller from SAB Limited in Johannesburg, South Africa, where she served as financial manager, technical accounting, and was later promoted to financial manager, finance services. Prior to joining SAB Limited, she was financial manager at Barloworld, Ltd. and articled at KPMG South Africa.

Drew Industries Incorporated [ELKHART, Ind.] (NYSE: DW) announced that it has named Brian Hall as Chief Financial Officer. Mr. Hall has served as the Company’s interim CFO since September 26, 2016, replacing David M. Smith. Mr. Hall joined the Company in March 2013, and has served as Corporate Controller since June 2013, and interim Chief Financial Officer since September 2016.  Prior to joining the Company, he spent more than 16 years in public accounting, most recently as a Senior Manager at Crowe Horwath LLP.

Lamb Weston Holdings, Inc. [EAGLE, Idaho] (NYSE: LW) announced that Robert McNutt has been appointed senior vice president and chief financial officer. McNutt currently is the chief financial officer at Expera Specialty Solutions, LLC. Prior to that he was the chief financial officer for Greif, Inc. Before joining Greif, McNutt served as chief financial officer at Boise, Inc., and spent 22 years in roles of increasing responsibility at Boise Cascade.

Black Box Corporation [PITTSBURGH] (NASDAQ: BBOX) announced that Anthony J. Massetti has joined the Company as its Senior Vice President, Chief Financial Officer and Treasurer. He replaces Timothy C. Huffmyer will remain with the Company as Vice President, Finance. Mr. Massetti was previously the Senior Vice President and Chief Financial Officer for Avaya. Prior to joining Avaya, he was the SVP and Chief Financial Officer of NCR Corporation. Prior to joining NCR, Mr. Massetti was CFO for QLogic Corporation and served as Vice President, Finance for SanDisk Corporation. He started his career with IBM Corporation.

Royal Financial, Inc. [CHICAGO] (OTCQX: RYFL) announced that Jodi A. Ojeda will resign as the Chief Financial Officer (“CFO”) of the Company and Bank for personal reasons. The Company also announced that Leonard Szwajkowski, President and CEO of the Company and Bank since 2007, will be appointed Interim Chief Financial Officer of the Company and Bank. Mr. Szwajkowski previously served as CFO and Interim CFO from 2006 to January 3, 2008.

Callidus Software Inc. [DUBLIN, CA] (NASDAQ: CALD) announced that Chief Financial Officer Bob L. Corey will retire. He will be succeeded by Roxanne Oulman, who was the company’s Senior Vice President of Finance and Accounting.

Evolve BioSystems, Inc. [DAVIS, CA] announce that Susan Vandegrift has joined the executive team as Chief Financial Officer.

Image may be NSFW.
Clik here to view.
Judy Krandel

Judy Krandel

Snap Interactive, Inc. [NEW YORK, NY] (OTCQB: STVI) announced that Judy F. Krandel has been appointed as the Company’s Chief Financial Officer. Ms. Krandel replaces Alex Harrington, who had been serving as interim Chief Financial Officer and fulfilling the duties of principal financial officer and principal accounting officer since March 15, 2014. Mr. Harrington will continue to serve as the Chief Executive Officer of the Company. Prior to joining Snap, Ms. Krandel served as a portfolio manager at the Juniper Investment Company. Ms. Krandel joined Juniper in 2011 as Portfolio Manager for the Juniper Public Fund. Before that, Ms. Krandel was a Portfolio Manager at Alpine Woods. Prior to that, she was a Portfolio Manager from 2001 to 2009 at First New York Securities, LLC.

Alarm.com [TYSONS, Va.] (NASDAQ: ALRM) announced that Steve Valenzuela has been named Chief Financial Officer (CFO). Mr. Valenzuela joins Alarm.com from SugarCRM, where he served as CFO since January of 2015. He has served as CFO of five different software enterprises including Apigee Corporation and served as the Vice President of Finance and Operations for the Mobile Platforms Group at Citrix following its acquisition of Zenprise, where he was CFO. Earlier in his career Mr. Valenzuela held financial management positions with Tandem Computers, Atari and Intel.

Midland States Bancorp, Inc. [EFFINGHAM, Ill.] (NASDAQ: MSBI) announced that Kevin L. Thompson has been appointed to the position of Chief Financial Officer of the holding company and the bank. Mr. Thompson succeeds Jeffrey G. Ludwig in the CFO role, which follows Mr. Ludwig’s promotion to President of Midland States Bank in February 2016. Mr. Ludwig is also Executive Vice President of the holding company. Kevin Thompson joins Midland from Zions Bancorporation, where he served as Senior Vice President, Corporate Finance since 2014. Prior to joining Zions, Mr. Thompson worked for American Express from 2006 to 2014.

Digital Map Products [IRVINE, CA] announced the addition of Tom Patterson as Chief Financial Officer. Patterson’s past experiences include executive and senior finance roles at software companies including: Kareo, Teletrac Navman, Quest Software, and Citrix.

IBC Advanced Alloys Corp. [FRANKLIN, INDIANA] (TSX VENTURE: IB) (OTCQB: IAALF) announced that David Anderson, the Company’s current Vice President of Finance, has been appointed as Chief Financial Officer, replacing Simon Anderson, who has joined the Company’s Board of Directors. David Anderson worked at IBC and its predecessor company since 2007, serving in a variety of accounting, human resources, and information technology roles.

Actuant Corporation [MILWAUKEE] (NYSE: ATU) announced that Rick Dillon will join the Company and become the Executive Vice President and Chief Financial Officer of Actuant. He replaces Andrew Lampereur, the Company’s current Executive Vice President and Chief Financial Officer. Mr. Dillon is currently Executive Vice President and Chief Financial Officer of Century Aluminum Co. Mr. Dillon has been Executive Vice President and Chief Financial Officer of Century Aluminum Co. since 2014. Prior to Joy he served as Vice President-Business Planning and Analysis and Vice President-Controller and Chief Accounting Officer at Newell Brands, and Vice President-Controller and Chief Accounting Officer at Briggs & Stratton Corporation. Mr. Dillon began his career at Arthur Andersen LLP.

DSW Inc. [COLUMBUS, Ohio] (NYSE: DSW) announced the appointment of Jared Poff, Senior Vice President to Chief Financial Officer. DSW Inc. promoted Jared Poff to Senior Vice President, Finance, and interim Chief Financial Officer, on June 6, 2016. Since joining DSW on January, 2015, Mr. Poff served as Vice President of Finance, Business Development, and Treasurer of DSW. Prior to joining DSW, Mr. Poff served as Vice President, Treasurer at Big Lots, Inc. since February 2004.


CFO Moves – week ending November 25, 2016

CFO Moves this week include:

Westmoreland Coal Company Puppet Veracyte, Inc.
Snyder Langston Collagen Matrix, Inc TWO MEN AND A TRUCK
Queue Associates, Inc Miller Diversified

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.

NEW: 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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Westmoreland Coal Company [ENGLEWOOD, Colo.] (NASDAQ: WLB) announced that its Chief Financial Officer and Treasurer, Jason Veenstra, has decided to resign from Westmoreland. Gary Kohn, currently Vice President of Investor Relations, will serve as Interim Chief Financial Officer and Treasurer. Kohn joined Westmoreland in April 2016. He previously help positions in companies including First Data, Western Union, Ciber and Intrepid Potash.

Puppet [Portland, OR] announced that it has appointed Mark Iserloth as chief financial officer (CFO). Prior to joining Puppet, Mark was CFO at STATS, LLC. Prior to joining STATS he held CFO positions at Mattersight, Trustwave and Initiate Systems.

Image may be NSFW.
Clik here to view.
Keith Kennedy

Keith Kennedy

Veracyte, Inc. [SOUTH SAN FRANCISCO, Calif.] (NASDAQ: VCYT) announced the appointment of Keith Kennedy as chief financial officer. He will succeed Shelly Guyer, who is retiring. Mr. Kennedy joins after seving president and chief executive officer of MCG Capital. He led MCG Capital’s successful sale to PennantPark Floating Rate Capital Ltd. in 2015 and consulted for PennantPark Investment Advisors, LLC after the sale. Mr. Kennedy previously served as MCG’s chief financial officer, chief accounting officer and treasurer. Prior to MCG, Mr. Kennedy served as a healthcare executive-in-residence at Arlington Capital Partners and a managing director at GE Capital. Prior to GE Capital, Mr. Kennedy worked for Ernst & Young LLP and served as an officer in the U.S. Air Force.

Snyder Langston [IRVINE, Calif.] announced it has named Gary Campanaro as Chief Financial Officer. He replaces Paul Pfeiffer who has served as CFO for 19 years, and is retiring. Campanaro led the Financial Services Group of CBRE and was CFO for the civil engineering firm, The Keith Companies. In addition to his career with KPMG, he served as CFO for restaurant companies with extensive multi-state real estate locations.

Image may be NSFW.
Clik here to view.
Oystein Valberg

Oystein Valberg

Collagen Matrix, Inc. [OAKLAND, N.J.] announced the appointment of Oystein Valberg as its Chief Financial Officer. Most recently, he served as CFO and Vice President of Finance, Strategy and Business Development for Medtronic’s Surgical Technology business unit. Prior to Mr. Valberg’s tenure at Medtronic, he served as an Analyst with US Bankcorp, and as an Auditor for Grant Thornton where he earned his CPA.

TWO MEN AND A TRUCK® [LANSING, Mich.] announced Brant Hartle as its new CFO. He replaces former CFO and current CEO, Jeff Wesley. Hartle began his career as an audit manager at Andrews Hooper & Pavlik PLC, before becoming the CFO at SCW Agency Group, Inc. Hartle then transitioned into a role as an insurance agency operations consultant for The Doctors Company. Hartle became a co-founder and CFO of Rentr.com in the fall of 2015.

Queue Associates, Inc. [NEW YORK, NEW YORK] announced that Paul J Regan will serve as the Chief Financial Officer. Jim Murdocco who was responsible for the Chief Operating Officer tasks is retired after 12 years of loyal service to Queue Associates. Early in his career, Paul worked at Grant Thornton LLP Assurance services. In 2003 Mr. Regan joined Industrial Cooling Corporation, as its Chief Financial Officer. Mr. Regan then served with LS Power Development Group. In addition, he served as the Director of Budget and Finance at State of NJ-DCA SRD.

Image may be NSFW.
Clik here to view.
Jay Morgan

Jay Morgan

Miller Diversified [MAUMEE, OH] announced that Jay Morgan has joined the Company as its Chief Financial Officer. Prior to joining Miller Diversified, Jay was a Senior Vice President at Welltower Inc. Jay re-joined Welltower as Vice President of Acute Care Investments in 2006, after serving as an investment analyst for the company from 1996 to 2000. Prior to rejoining Welltower, Jay served as an Associate and Vice President in the real estate investment banking group at Lehman Brothers.

CFO Moves – week ending December 2, 2016

CFO Moves this week include:

Avon Products, Inc. Sprint Texas Instruments
Neiman Marcus Group eSilicon Corporation Constellis
root9B Technologies Couchbase Stem, Inc
MB Bancorp, Inc. Bank of Glen Burnie PDC Energy, Inc.
U.S. LBM Holdings, LLC Dialpad Sailthru
AbleTo, Inc. Advanced Onion DialogTech 
Rapid7, Inc. HSN, Inc. Corporate Capital Trust 
InsideSales.com

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.

NEW: 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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Avon Products, Inc. [NEW YORK] (NYSE: AVP) announced the appointment of Jamie Wilson as Executive Vice President and Chief Financial Officer. He replaces Avon’s current Chief Financial Officer and Chief Operating Officer, James Scully. Prior to joining Avon, Mr. Wilson served as CFO of SABMiller. Prior to SABMiller, Mr. Wilson was Strategy and Projects Director at Scottish & Newcastle. Additionally, Mr. Wilson spent several years at Highland Distillers, where he held a variety of positions, most notably Group Finance Director. Mr. Wilson began his professional career at Deloitte Haskins & Sells.

Image may be NSFW.
Clik here to view.
Patrick Doyle

Patrick Doyle

Sprint [OVERLAND PARK, Kan.] (NYSE: S) announced its board of directors has elected Patrick T. (“Pat”) Doyle to the board. Mr. Doyle will chair the Audit Committee. Mr. Doyle most recently served as DirecTV’s Chief Financial Officer and Executive Vice President, Finance. After joining the company in 1992, Mr. Doyle held a variety of positions in finance and accounting at DirecTV until he retired following the company’s acquisition by AT&T in July of 2015.

Texas Instruments [DALLAS] (NASDAQ: TXN) announced that Rafael Lizardi will become the company’s next chief financial officer. Lizardi follows current Chief Financial Officer Kevin March, who has been in the role for 13 years. Lizardi joined TI in 2001 and was named vice president in 2010. Prior to joining TI, Lizardi was a captain in the U.S. Army Corps of Engineers.

Neiman Marcus Group [DALLAS, TX] announced that Michael Fung will serve as Interim Chief Financial Officer and Chief Operating Officer of Neiman Marcus Group.  This position was previously held by Donald T. Grimes. Most recently, Mr. Fung served as Interim Chief Financial Officer and Treasurer for 99 Cents Only Stores and currently serves on its board. Prior to that, Michael spent 11 years at Wal-Mart Stores Inc., retiring in 2012.  During his tenure, he served as Chief Financial Officer for Walmart U.S and SVP, Global Procurement and Internal Audit. Earlier in his career, he held leadership and executive-level positions at Sensient Technologies, Vanstar Corporation, Bass Pros Shops, Beatrice Companies, and Deloitte & Touche.

eSilicon Corporation [SAN JOSE, Calif.] announced that Philippe Morali has been appointed as the new CFO. Prior to eSilicon, he served as CFO for Quantenna Communications, Inc. Prior to that, he served as vice president finance & corporate treasurer at Micron Technology, Inc. Mr. Morali has also held leadership positions at SanDisk Corporation; Palm, Inc.; and 3Com Corporation. He started his career at Hewlett-Packard.

Constellis [RESTON, VA] announced that it has hired Barry Broadus as its new chief financial officer. Prior to joining Constellis, Barry served as CFO for Alion Science and Technology.

root9B Technologies [NEW YORK] (OTCQB: RTNB) announced that William L. Hoke has been appointed Chief Financial Officer. For the last 8 years, Mr. Hoke served as Chief Financial Officer of Road Machinery, Inc. Prior to this, he served as Vice President, Finance and Interim Chief Financial Officer for Mesa Air Group; North American Vice President at Insight Enterprises; and Vice President, Finance and Interim CFO at Telespectrum Worldwide. Mr. Hoke began his career at Deloitte & Touche.

Couchbase [MOUNTAIN VIEW, Calif.] announced the appointment of Greg Henry as Senior Vice President and Chief Financial Officer. He replaces Sujan Jain, Couchbase’s CFO since 2014. Henry most recently led ServiceNow. Prior to ServiceNow, Henry held various senior executive financial positions at GE Healthcare, culminating as CFO of the Healthcare IT unit.

Stem, Inc. [MILLBRAE, Calif.] announced Bill Bush as its new Chief Financial Officer. Prior to joining Stem, he served as the CFO of Borrego Solar Systems, Inc. Earlier, Bush was CFO of Solar Semiconductor Inc. Bush was also a founder of Buzzsaw.com, and he spent seven years in public accounting with Ernst & Young and PricewaterhouseCoopers.

MB Bancorp, Inc. [FOREST HILL, Md.] (OTCBB: MBCQ) announced that it has appointed John Wright as Executive Vice President and Chief Financial Officer of the Company and the Bank.

Bank of Glen Burnie [GLEN BURNIE, MD] announced that Chief Financial Officer John Wright is departing, to pursue other opportunities. President and Chief Executive Officer (CEO), John D. Long, will serve as interim CFO while a search is conducted for a permanent CFO.

PDC Energy, Inc. [DENVER] (NASDAQ: PDCE) announced the appointment of David Honeyfield to the position of Chief Financial Officer and Senior Vice President. Mr. Honeyfield was most recently Vice President and Chief Financial Officer for Jonah Energy in Denver.  His previous experience includes six years at Intrepid Potash, where his last role was President and Chief Financial Officer. Previously, he served in various leadership roles including Chief Financial Officer at SM Energy, Controller and Chief Accounting Officer at Cimarex Energy/Key Production Company, and Senior Audit Manager at Arthur Andersen.

U.S. LBM Holdings, LLC [BUFFALO GROVE, Ill.] has named Patrick McGuiness executive vice president and chief financial officer of the company. He succeeds CFO Rick Kolaczweski who retired. Most recently, McGuiness was executive vice president and CFO with Houston-based Landmark Aviation. Prior to his time with Landmark, McGuiness was senior vice president and CFO for Tiffany & Co.

Dialpad [SAN FRANCISCO] announced that Steve Love has been named the company’s first Chief Financial Officer. Most recently, Love was the CFO for Mblox. Prior to Mblox, Love was the CFO for Evolv. Before Evolv, Love held senior and executive financial management positions at Informatica and Portal Software. Love began his career at EY.

Sailthru [NEW YORK] welcomes Marty Meyer as its new Chief Financial Officer. Prior to joining Sailthru, Marty was the chief financial officer at Shapeways. His previous roles include president at Corero Network Security, and as vice president and COO for ExtendMedia Corporation.

AbleTo, Inc. [NEW YORK] announced that Clifford A. Farren, Jr. joined the company as Chief Financial Officer. Mr. Farren joins AbleTo following his role at QuintilesIMS, where he served as Vice President of Finance for the United States Business Unit. Prior to serving at QuintilesIMS, Mr. Farren served in senior and C-level financial leadership roles at QualityHealth and TargetRx.

Advanced Onion [MONTEREY, Calif.] announced Cindy Tank as their new Chief Financial Officer.

DialogTech [CHICAGO] announced Bob Burns as their Chief Financial Officer (CFO). Burns joins DialogTech from HERE where he was the divisional CFO. Prior to taking the role as CFO in 2011, he held roles of increasing responsibility in NAVTEQ’s finance organization. Earlier in his career, Burns worked at Motorola.

Rapid7, Inc. [Boston, MA] (NASDAQ: RPD) announced the appointment of Jeff Kalowski as the Company’s chief financial officer (CFO). He replaces Steven Gatoff, who joined Rapid7 at the beginning of 2013, and announced his planned departure in August 2016. Mr. Kalowski’s most recent position was CFO at Imprivata. Prior to joining Rapid7, Mr. Kalowski served as CFO of Imprivata since 2007, and took the Company public in June 2014. His previous CFO roles include ProfitLogic, Inc.; and Torrent Systems. Previously, he held CFO positions at Looking Glass Technologies, Beyond Incorporated, Magna Computer Corporation, and Cadmus Computer Corporation. He also held a role as audit manager at the accounting firm Price Waterhouse.

HSN, Inc. [ST. PETERSBURG, Fla.] (NASDAQ: HSNI) announced today that Rod Little will join the company as chief financial officer. Mr. Little will succeed Judy Schmeling, who was named president of HSNi operating division Cornerstone Brands. Mr. Little comes to HSNi having served as chief financial officer for Elizabeth Arden, Inc. as well as a variety of leadership positions with Procter & Gamble.

Corporate Capital Trust and Corporate Capital Trust II [Orlando, Fl.] have appointed Chirag Bhavsar as their chief operating and chief financial officer. He replaces former president and chief financial officer, Steve Shackelford, who has left to become CEO of Redeemer City to City, after being with the company for over 20 years.

InsideSales.com [SILICON SLOPES, UT] announced that Alan Black has joined the company as chief financial officer. Most recently, Black was senior vice president and chief financial officer at Zendesk. Prior to Zendesk, Black was the president and CEO of Intelliden.

CFO Moves – week ending December 9, 2016

CFO Moves this week include:

Xerox Colgate-Palmolive Company Libbey Inc
Waters Corporation OCC Bunge Limited
InVivo Therapeutics Holdings Corp.  Adams Resources & Energy, Inc. Wireless Telecom Group, Inc.
Illumina, Inc. Titan International, Inc nCino
CECO Environmental Corp. OpenX Calyxt, Inc.
Overseas Shipholding Group, Inc. UDR, Inc. PAR Technology Corporation
Bsquare Renova™ Therapeutics Verscend Technologies, Inc.
Vistra Energy Emma Rent-A-Center, Inc.
Sensient Technologies PriMed Management Consulting Services, Inc., MusclePharm Corporation

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.

NEW: 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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Image may be NSFW.
Clik here to view.

William F. Osbourn, Jr.

Xerox [NORWALK, Conn.] (NYSE: XRX) announced that William F. Osbourn, Jr. will serve as chief financial officer of Xerox Corporation. Osbourn joins Xerox following a 13 year career at Time Warner Cable (TWC) which culminated with him serving as co-CFO. Osbourn also served as the controller and chief accounting officer, for eight years. Before joining Time Warner, Osbourn spent 14 years at PricewaterhouseCoopers LLP and was admitted to partnership in 2000. Xerox also announced that Leslie Varon, who has served as CFO since October 2015, will retire following the completion of the separation and after ensuring a smooth transition.

Colgate-Palmolive Company [NEW YORK] announced that Charles A. Bancroft, Executive Vice President, Chief Financial Officer and Global Business Operations of Bristol-Myers Squibb Company, has been elected to the Company’s Board of Directors. Mr. Bancroft joined Bristol-Myers Squibb in 1984 and has since held positions of increasing responsibility. Mr. Bancroft was appointed Chief Financial Officer in 2010 and has served in his current role since 2016. Prior to joining Bristol-Myers Squibb, Mr. Bancroft was an auditor with KPMG.

Libbey Inc. [TOLEDO, Ohio] (NYSE MKT: LBY) announced that Sherry Buck, vice president, chief financial officer, will be leaving the Company, to pursue another professional opportunity. In the interim period, Mrs. Buck’s former duties will be assumed by Ronni Smith, vice president, corporate controller. Ronni Smith joined Libbey in May 2006 as the assistant corporate controller and was appointed vice president, corporate controller in 2012. Prior to joining Libbey, she was an accounting supervisor at Ford Motor Company.

Waters Corporation [MILFORD, Mass.] (NYSE: WAT) announced Sherry Buck as its Senior Vice President and Chief Financial Officer. Ms. Buck replaces Eugene G. Cassis, Waters Corporation CFO since February 2014, who will transition to a senior advisory role. Sherry was CFO of Libbey Inc. for more than four years. Prior to joining Libbey, Ms. Buck spent nearly 20 years at Whirlpool Corporation in a number of leadership roles, including CFO, Global Product and Enterprise Cost Leadership, and Vice President, U.S. Finance.

OCC [CHICAGO] announced that Amy Shelly has been named Senior Vice President and Chief Financial Officer. She replaces Kim McGarry. Prior to joining OCC, Shelly was the interim Chief Financial Officer for a private equity portfolio company in 2016. From 2015 to 2016 she was a project manager for CF Industries. In 2014 Shelly was the interim Chief Financial Officer for Volant Holding LLC. From 2008 to 2014 Shelly was Chief Financial Officer for Optiver U.S. LLC.

Bunge Limited [WHITE PLAINS, N.Y.] (NYSE: BG) announced the appointment of Thomas Boehlert as EVP – Chief Financial Officer. He succeeds Drew Burke, who is retiring. Boehlert was Chief Executive Officer, President and a Director of First Nickel Inc. from 2011-2015. Prior to that, he was Chief Financial Officer for Kinross Gold Corporation, and served as Chief Financial Officer for several energy companies including Texas Genco, Direct Energy and Sithe Energies, Inc. Previously, Boehlert spent 14 years in investment banking with Credit Suisse. He started his career as an auditor at a KPMG predecessor firm in 1983.

InVivo Therapeutics Holdings Corp. [CAMBRIDGE, Mass.] announced the resignation of Steven McAllister from the position of Chief Financial Officer. In connection with his departure, the Company has appointed Melanie Morel-Ferris to assume the responsibilities and title of interim Chief Financial Officer. Ms. Morel-Ferris has served as the Company’s Controller since May, 2016. Prior to joining InVivo, Ms. Morel-Ferris served as the Corporate Controller of Astrodyne TDI, from July 2014 to May 2016. Prior to that, Ms. Morel-Ferris served as the Associate Director of Corporate Accounting of ARIAD Pharmaceuticals, Inc., from January 2014 to July 2014, and as a Senior Accounting Manager at ARIAD from January 2011 to December 2013. Ms. Morel-Ferris began her career at Deloitte.

Adams Resources & Energy, Inc. [HOUSTON] (NYSE MKT: AE) announced the election of Josh C. Anders as Executive Vice President, Chief Financial Officer and Treasurer of the Company. Sharon C. Davis will resign from her position as interim Chief Financial Officer and Treasurer of the Company and will continue in her position as Executive Vice President, Chief Operating Officer and Chief Accounting Officer of the Company. Mr. Anders served as Vice President, Controller and principal accounting officer for Southwestern Energy Company from 2012 through 2016 and held various finance and accounting positions of increasing responsibility from 2010 through 2012 with Southwestern Energy Company. Immediately prior to joining Southwestern Energy Company, from 2007 to 2009, he was Vice President, Business Development and Treasurer of Beryl Oil and Gas LP. Prior to that, he held various accounting and finance managerial positions with Pogo Producing Company.

Wireless Telecom Group, Inc. [PARSIPPANY, N.J.] (NYSE MKT: WTT) announced that Michael Kandell is joining the Company as its new Chief Financial Officer. Mr. Kandell will succeed Robert Censullo, who has served as Wireless Telecom Group’s CFO for five years Michael joins Wireless Telecom Group from Avaya, Inc. where he was Senior Director of Accounting. Prior to Avaya, Mr. Kandell worked at Precision Partners, Inc. for 3 years and at Ernst & Young LLP in New Jersey for 7 years.

Image may be NSFW.
Clik here to view.

Sam Samad

Illumina, Inc. [SAN DIEGO] (NASDAQ: ILMN) announced the appointment of Sam A. Samad, Senior Vice President and Chief Financial Officer. Sam was previously Senior Vice President and Chief Financial Officer for the pharmaceutical segment, and Vice President, Healthcare Supply Chain Services. He also previously held finance roles at Eli Lilly and PepsiCo Inc.

Titan International, Inc. [QUINCY, Ill.] has approved the transition of James M. Froisland from his current position as Interim Chief Financial Officer to Chief Financial Officer. Mr. Froisland was appointed as Interim Chief Financial Officer in May 2016. Mr. Froisland has experience as a Chief Financial Officer, Chief Information Officer, Chief Operating Officer, Corporate Secretary, Consultant and Board Member for domestic and international public and private equity owned companies, including Westell Technologies, Inc., InfuSystems Holdings, Inc., Material Sciences Corporation, and Burns International Services Corporation. He also held financial leadership positions at Anixter International, Inc., Budget Rent a Car Corporation, Allsteel, Inc., and The Pillsbury Company. He began his career at KPMG LLP and is a Certified Public Accountant.

nCino [WILMINGTON, N.C.] announced that Jeff Babka has joined the company as chief financial officer. Prior to joining nCino, Babka was a venture partner at Insight Venture Partners. Previously, he was CFO of Applied Predictive Technologies. Before that, from 2005 through 2009, Babka served as CFO of NeuStar, Inc.

CECO Environmental Corp. [CINCINNATI] (NASDAQ: CECE) announced the appointment of Matthew Eckl as Chief Financial Officer. He replaces Edward Prajzner, the Company’s current Chief Financial Officer, who will serve in the new role as Executive Vice President of Corporate Development. Mr. Eckl currently serves as the Vice President, Finance – Energy Group at Gardner Denver, Inc. Mr. Eckl joined Gardner Denver in 2012. Prior to joining Gardner Denver, Mr. Eckl served from 2002 until 2012.

OpenX [LOS ANGELES & NEW YORK] announced the appointment of Eric W. Muhlheim as chief financial officer. Eric was most recently chief financial officer of Helix Education, Inc. Prior to Helix, Eric served as chief financial officer of Altius Education, and before that in various leadership roles spanning 16 years at The Walt Disney Company.

Calyxt, Inc. [ST. PAUL, Minn.] announced the appointment of Bryan Corkal to the new role of Chief Financial Officer at Calyxt. Mr. Corkal joins Calyxt from Monsanto, where he spent over 17 years in a variety of key financial roles. Most recently, he served as North America and Latin America North Supply Chain Finance Lead. Mr. Corkal’s prior roles included serving as Director of Investor Relations, before which he was the CFO for the Latin America North region for Monsanto in Mexico City.

Overseas Shipholding Group, Inc. [TAMPA, Fla.] (NYSE: OSG) announced that Christopher Wolf will become the Senior Vice President and Chief Financial Officer, taking over from Rick F. Oricchio. From December 1 to December 29, Mr. Wolf will serve as the Chief Financial Officer of OSG’s subsidiary, Overseas Bulk Ships, Inc. Mr. Wolf has experience as a Chief Financial Officer, having served in this role at several companies, including most recently at Higher One Holdings, Inc., where he worked from 2013 to 2016. Earlier in his career, Mr. Wolf was a Chief Financial Officer at Acxiom Corporation and Catalina Marketing.

 

UDR, Inc. [DENVER] (NYSE: UDR) announced the appointment of Joseph D. Fisher as Chief Financial Officer. Mr. Fisher succeeds Tom Herzog, who resigned as Chief Financial Officer in June 2016. Mr. Fisher has been a member of the Deutsche Asset Management real estate securities team since 2007 most recently serving as Co-Head of the Americas and Co-Lead Portfolio Manager. Prior to that he was in real estate private equity within Deutsche Asset Management as an Associate in the Structured Debt Investments Group from April 2005 to June 2007, and as a Portfolio Analyst in the Portfolio Management Group from May 2004 to June 2006. From June 2003 to May 2004 he was an Asset Management Analyst at Principal Real Estate Investors.

PAR Technology Corporation [NEW HARTFORD, N.Y.] (NYSE: PAR) announced the appointment of Bryan Menar as its new Chief Financial Officer. Menar joins PAR from Chobani, LLC. where he was Vice President Financial Planning & Analysis. Menar has also had senior finance level roles at JC Jones & Associates, Goldman Sachs & Co., and Ernst & Young LLP.

Bsquare [BELLEVUE, Wash.] (NASDAQ: BSQR) announced that Peter Biere will join the company as Chief Financial Officer. Mr. Biere has spent eight years as CFO of two NASDAQ listed companies, Zones and Lumera.

Image may be NSFW.
Clik here to view.

Catherine Bovenizer

Renova™ Therapeutics [SAN DIEGO] announced that Catherine Bovenizer is joining the company as Chief Financial Officer. Most recently, Ms. Bovenizer was the Vice President of Finance and Chief Accounting Officer at Apricus Biosciences.

Verscend Technologies, Inc. [WALTHAM, Mass.] announced that Joe Driscoll has joined the company as chief financial officer. Prior to joining Verscend, Driscoll was the CFO of PC Connection, Inc. Before his time at PC Connection, Driscoll held CFO and senior finance positions at Summer Infant, Inc.; ACT Electronics; Staples, Inc.; and Safety 1st.

Vistra Energy [DALLAS] (OTCQX: VSTE) announced the appointment of J. William “Bill” Holden as executive vice president and chief financial officer. Mr. Holden previously held numerous roles over 20 years at GenOn Energy, Inc./Mirant Corporation, culminating as the company’s executive vice president and chief financial officer. He also held key treasury, risk, operational, development and international positions during his GenOn/Mirant tenure. Holden started his career with Southern Company in 1985 and held various corporate finance roles over almost a decade. His experience also includes, most recently, serving as executive vice president and senior advisor at The Taffrail Group, LLC.

Emma [NASHVILLE, Tenn.] announced the hiring of Wellford Dillard as chief financial officer. Prior to Emma, Dillard also served as the CFO at multiple venture capital-backed companies, including Social Tables, VideoBlocks and GetWellNetwork.

 

Rent-A-Center Inc. [Plano, Texas] announced that Guy J. Constant resigned his position as Executive Vice President – Finance, Chief Financial Officer and Treasurer of Rent-A-Center, Inc. Maureen B. Short, the Company’s current Senior Vice President – Finance, Investor Relations and Treasury, will serve as Interim Chief Financial Officer.

Sensient Technologies [MILWAUKEE] announced the election of Scott Morrison to its Board of Directors. Mr. Morrison is Senior Vice President and Chief Financial Officer of Ball Corporation. Prior to joining Ball Corporation, Mr. Morrison held a number of senior corporate banking roles at Bank One, First Chicago and NBD Bank, Detroit.

PriMed Management Consulting Services, Inc. [SAN RAMON, Calif.] announced that Tim Richards will assume responsibilities as chief financial officer, succeeding long-time CFO, Rick Messman. Richards most recently served as an Executive Director of Finance at Kaiser Permanente. Prior to joining Kaiser Permanente, Richards was an Audit Manager at KPMG.

MusclePharm Corporation [DENVER] (OTCQB: MSLP) announced the appointment of Peter C. Lynch as the Company’s new Chief Financial Officer, Principal Financial Officer and Principal Accounting Officer. Mr. Lynch has held financial leadership positions at several large corporations that include Kärcher North America, Inc., Honeywell International Inc. and Gates Corp.

CFO Moves – week ending December 16, 2016

CFO Moves this week include:

Purch Citizens Financial Group, Inc. Mitsubishi UFJ Financial Group, Inc. 
FTD Companies, Inc.  Avid® Allegiance Bancshares, Inc.
Inventus Power PointRight Quantopian
Vapor Corp. 1-Page Limited  Pitney Bowes
Voxello Harte Hanks Ayla Networks
TruStar Energy Red Robin Gourmet Burgers, Inc. Tailored Brands, Inc.
CPI Card Group Zephyr Nimbix
Justworks Spire Capital Partners Farmer Bros. Co.
Neighbors Health, LLC Employers Holdings, Inc. Track Group, Inc.
Darling Ingredients Inc. Cliffs Natural Resources Inc. Och-Ziff Capital Management Group LLC
Connecture, Inc. Avangate Intellia Therapeutics, Inc.
KBR, Inc. The Palisades Group, 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.

NEW: 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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Image may be NSFW.
Clik here to view.

Andy Goldstein

Purch [NEW YORK] announced the appointment of Andy Goldstein as Chief Financial Officer. Most recently, Andy served as executive vice president and CFO of the New Jersey Devils, Philadelphia 76ers, and the Prudential Center Arena. Andy has held positions as EVP/CFO at InterMedia Outdoors, Inc., VP/CFO at Primedia Inc., and Director of Business Affairs at Sesame Street.com.

Image may be NSFW.
Clik here to view.

John F. Woods

Citizens Financial Group, Inc. [PROVIDENCE, R.I.] (NYSE: CFG) announced the appointment of John F. Woods as Executive Vice President and Chief Financial Officer. Woods will succeed interim CFO John Fawcett. Woods joins Citizens from Mitsubishi UFJ Financial Group, Inc. (MUFG), where he has served as CFO of the Americas since 2013. Prior to that, he served as Vice Chairman and CFO for the predecessor company of MUFG Union Bank, N.A. Woods also has held senior finance leadership roles at JPMorgan Chase and the Federal Home Loan Mortgage Corporation.

Mitsubishi UFJ Financial Group, Inc. [NEW YORK] announced the appointment of Johannes H. “Johs” Worsoe as Chief Financial Officer of MUFG Americas Holdings Corporation and its banking subsidiary MUFG Union Bank, N.A. Mr. Worsoe succeeds former MUFG Americas Chief Financial Officer John F. Woods, who is leaving the company. Mr. Worsoe joined the company in 2001 and most recently served as Head of Investment Banking & Markets (IB&M). Prior to his most recent role as head of IB&M, Mr. Worsoe was Chief Administrative Officer for the Americas for The Bank of Tokyo-Mitsubishi UFJ. Ltd. Mr. Worsoe also served as Senior Executive Vice President and Head of Global and Wealth Markets for the former UnionBanCal Corporation and its former primary subsidiary, Union Bank N.A. Prior to 2001, when he joined legacy Union Bank, Mr. Worsoe held various investment banking and capital markets roles in Denmark, Spain and the U.S.

FTD Companies, Inc. [DOWNERS GROVE, Ill.] (NASDAQ: FTD) announced Stephen Tucker has been appointed Executive Vice President. Mr. Tucker also will succeed Becky Sheehan as FTD’s Chief Financial Officer. Mr. Tucker most recently served as Senior Vice President of Financial Operations at AT&T. Prior to AT&T’s acquisition of DIRECTV, Mr. Tucker served in many roles within DIRECTV, including SVP Financial Operations, Field Services, Supply Chain, Service and Repair, and Protection Plan teams, and SVP of Business Operations and Chief Financial Officer for DIRECTV Sports Networks. Prior to joining DIRECTV, Mr. Tucker served as Chief Financial Officer of FUN Technologies. Earlier in his career, Mr. Tucker spent 16 years with KPMG.

Avid [BURLINGTON, Mass.] (NASDAQ: AVID) announced that Brian E. Agle will become Avid’s Senior Vice President and Chief Financial Officer. He replaces Ilan Sidi, who served as interim Chief Financial Officer, and will resume his role as the Vice President of Human Resources for the company. Before joining Avid, Mr. Agle served as an Operating Advisor at Francisco Partners. Prior to joining Francisco Partners, Agle served as Chief Financial Officer at Rocket Software. Before joining Rocket, he was Senior Vice President and Chief Financial Officer for Activant Solutions. Previously, Mr. Agle spent 14 years at Novell Inc. where he operated in several financial leadership roles including Vice President, CFO of Global Field Operations. Mr. Agle began his career with Ernst & Young.

Allegiance Bancshares, Inc. [HOUSTON] (NASDAQ: ABTX) announced Paul P. Egge has been appointed Executive Vice President and Chief Financial Officer of both Allegiance Bank and Allegiance Bancshares, Inc. Steven F. Retzloff, Chairman of Allegiance Bank and President of Allegiance Bancshares, Inc., will relinquish his interim Chief Financial Officer position. Most recently, Mr. Egge served as Senior Vice President, Director of Capital Planning and Corporate Development at Cadence Bank. Prior to joining Cadence, Mr. Egge served in various roles of increasing responsibility at Robert W. Baird & Co. Incorporated (“Baird”), Ryan Beck & Company, and FBR & Co.

Image may be NSFW.
Clik here to view.

Michael Foy

Inventus Power [WOODRIDGE, IL] announced it named Michael Foy as chief financial officer. Prior to joining Inventus Power as CFO in November 2016, Mr. Foy held various roles of increasing responsibility at Cisco Systems and was most recently vice president finance, CFO Americas. Before joining Cisco, Michael worked at Scientific-Atlanta, 3Com, U.S. Robotics, Abbott Laboratories and KPMG.

PointRight [BOSTON] announced the appointment of Michael Laureno as Chief Financial Officer. Prior to joining PointRight, Laureno served as a strategic CFO.

Strategic Insight [NEW YORK & LONDON] announced the appointment of Karl Jaeger as Chief Financial Officer. Most recently, Mr. Jaeger was Chief Financial Officer, Global Transaction Banking Solutions at D+H Corporation and, before that, CFO at FundTech. Prior to FundTech, Mr. Jaeger was CFO at Wall Street Systems, the treasury and FX trading software company.

Quantopian [BOSTON] has hired Marc Volpe as Chief Financial Officer. Before joining Quantopian, Mr. Volpe worked for three years as the Chief Financial Officer of Fort Warren Capital Management, LP. He also served as the Chief Compliance Officer at Regiment Capital, and was a manager in the audit practice at PricewaterhouseCoopers, where he began his career in 1997.

Vapor Corp. [HOLLYWOOD, Fla.] (OTC Pink: VPCO) announced the Company has appointed John A. Ollet to serve as the Company’s new Chief Financial Officer. Mr. Ollet previously served as Executive Vice President-Finance for Systemax, Inc. North America Technology Division from 2006 to 2016. His prior chief financial officer experience also includes serving as Vice President and Chief Financial Officer of Arrow Cargo Holdings, Inc., and VP Finance/CFO – The Americas – Cargo Division, KLM Royal Dutch Airlines.

1-Page Limited [SAN FRANCISCO, CA] announced it has hired Peter Kent as Chief Operating Officer and Chief Financial Officer. During the last ten years, Mr. Kent has been the CEO & CFO of Liquid Holdings Group, Inc., the Managing Partner of Eladian Partners LLC and the COO & CFO of Automated Trading Desk.

Image may be NSFW.
Clik here to view.
Stanley J. Sutula III

Stanley J. Sutula III

Pitney Bowes [STAMFORD, Conn.] announced that Stanley J. Sutula III has been named Executive Vice President and Chief Financial Officer (CFO). Mr. Sutula succeeds Michael Monahan, who will continue with Pitney Bowes as Chief Operating Officer. Mr. Sutula joins Pitney Bowes from IBM, where he was Vice President and Controller. Mr. Sutula joined IBM in 1998, and has held several leadership positions in the United States and in Europe in accounting and financial strategy. Most recently, Sutula was Vice President and Controller at IBM.

Voxello [CORALVILLE, Iowa] announced that Richard Wieland was appointed as a new member of the Company’s Board of Directors. Mr. Wieland will also serve as the interim Chief Financial Officer. Most recently, Rich was Executive Vice President and Chief Financial officer of Unilife Corporation. Prior to Unilife he spent six years at two biotech companies in the drug discovery and development field. Previous to that Rich had P&L responsibility for two healthcare companies and was a member of the Board of Directors at Option Care Inc. His first CFO position was with LyphoMed Inc. Rich began his career at Procter & Gamble Company in Cincinnati, OH.

Harte Hanks [SAN ANTONIO, TX] (NYSE: HHS) announced that its Executive Vice President and Chief Financial Officer, Doug Shepard, has resigned from the company. Mr. Shepard served as the company’s EVP and CFO since 2007. While the company conducts a formal search for his replacement, Robert Munden, the company’s EVP and General Counsel, will serve as interim CFO.

Ayla Networks [SANTA CLARA, Calif.] has named Tom Clark as chief financial officer. Prior to joining Ayla, he was CFO at Openwave Messaging Inc. Before Openwave, he was director of finance operations for Marlin Equity Partners. Earlier, he served as CFO and managed the worldwide finance operations of CollabNet. Before CollabNet, he worked for seven years at ProBusiness Services. Clark began his career with KPMG LLP.

TruStar Energy [WHITE PLAINS, N.Y.] announced that it has hired John Snell as its Chief Financial Officer. Snell spent the last 13 years with accounting firm Moss Adams, serving in various audit, consulting, accounting, operations and finance rolls. Most notably, he was named a partner in the firm in 2014.

Red Robin Gourmet Burgers, Inc. [GREENWOOD VILLAGE, Colo.] (NASDAQ: RRGB) announced the appointment of Guy J. Constant as executive vice president and chief financial officer. Prior to joining Red Robin, Mr. Constant served as chief financial officer, executive vice president of Finance and treasurer for Rent-A-Center, Inc. He previously served in various executive roles at Brinker International, Inc. including executive vice president and chief financial officer, president of the Chili’s Global Restaurant Division, senior vice president and vice president of Finance and senior director of Executive Compensation. Before his executive tenure at Brinker, he served in various marketing, finance and human resources roles of increasing scope and responsibility at AMR Corporation.

Tailored Brands, Inc. [FREMONT, Calif.] (NYSE: TLRD) announced the appointment of Jack Calandra as executive vice president, chief financial officer and treasurer. Mr. Calandra succeeds current CFO, Jon Kimmins, who will be leaving to pursue other interests. Mr. Calandra joins Tailored Brands from The Gap, Inc. where he was most recently senior vice president, corporate finance and investor relations. His career at The Gap, Inc. included roles as CFO of Banana Republic Global division and CFO of Gap Direct. Prior to joining The Gap, Inc., Mr. Calandra served 11 years at Unilever’s North America Division.

CPI Card Group [LITTLETON, Colo.] (NASDDAQ: PMTS, TSX: PNT) announced the appointment of Lillian Etzkorn as its Chief Financial Officer, succeeding David Brush who will be ending his service as CFO. Mr. Brush will continue in an advisory capacity to the Company. Ms. Etzkorn joins CPI Card Group from Dana Incorporated, where she served as Vice President, Treasurer since 2011. Prior to Dana Incorporated, Ms. Etzkorn spent nineteen years in financial positions of increasing responsibility at Ford Motor Company.

Zephyr [NEWARK, Calif.] announced Robb Ellis as Chief Financial Officer. Before joining the team, Ellis was recently at Greenway Health and Agilysys.

Nimbix [RICHARDSON, Texas] announced the appointment of Stacy Repult as Chief Financial Officer. Most recently, Repult was Vice President of Finance for Omnitracs. Previously, she held the Managing Director position at SLR Consulting Group.

Justworks [NEW YORK, NY] announced the appointment of Michael Greten as chief financial officer. Before joining Justworks, Greten was vice president of Finance & Accounting at iCIMS, Inc. Prior to that, as controller and treasurer of RiskMetrics Group. Earlier roles included AIG and Chase.

Spire Capital Partners [NEW YORK] announced the addition of Mariana Lamson, as CFO. Mariana Lamson has extensive leadership experience in financial roles with KPMG, Goldman Sachs, Harrison Tenney & Associates, and most recently as a divisional CFO for Heartland Payment Systems.

Farmer Bros. Co. [FT. WORTH, Texas] (NASDAQ: FARM) announced the resignation of Isaac Johnston, Treasurer and Chief Financial Officer.

Neighbors Health, LLC [HOUSTON] has named Tensie Homan Axton its Chief Financial Officer (CFO). As the Office Managing Partner of KPMG LLP, Axton was the partner in charge of Transaction Services. Before that she was the Chief Operating Officer of Pinnacle Medical Holdings, LLC.

Employers Holdings, Inc. [RENO, Nev.] (NYSE: EIG) announced the appointment of Michael S. Paquette as its executive vice president, chief financial officer. Paquette previously served as executive vice president, chief financial officer of Montpelier Re Holdings Ltd. from 2008 to 2015 and chief financial officer of Blue Capital Reinsurance Holdings Ltd. from its inception in 2012 to 2015. Prior to joining Montpelier in 2007, Paquette spent 18 years with White Mountains Insurance Group, Ltd., and its subsidiaries, in various capacities including senior vice president, controller and 4 years with KPMG as an auditor.

Track Group, Inc. [SALT LAKE CITY] (OTCQX: TRCK) announced Peter Poli is joining the Company as its new Chief Financial Officer. Mr. Poli joins Track Group after serving as the CFO for over 11 years with Grand Banks Yachts Limited. Prior to Grand Banks Yachts Limited, Mr. Poli held various positions of increasing responsibility in finance at Dean Witter Reynolds, Inc. and Morgan Stanley Online, FTD.com, and I-Works, Inc.

Darling Ingredients Inc. [IRVING, Texas] (NYSE: DAR) announced that Patrick C. Lynch will become its Executive Vice President – Chief Administrative Officer.  Mr. Lynch will report to John O. Muse, the Company’s Executive Vice President – Chief Financial Officer.  Mr. Muse has indicated his intent to retire as the Company’s Chief Financial Officer in early March 2017, at which time Mr. Lynch will become the Company’s Executive Vice President – Chief Financial Officer. Mr. Lynch has served as the Chief Financial Officer of Interface, Inc., since 2001, and has been a Senior Vice President since 2007. Prior to 2001, he served in various financial leadership positions at Interface since joining the company in 1996, including Assistant Vice President and Corporate Controller.  From 1992 to 1996, Mr. Lynch was a Senior Accountant with BDO Seidman, LLP.

Image may be NSFW.
Clik here to view.

Timothy K. Flanagan

Cliffs Natural Resources Inc. [CLEVELAND] (NYSE: CLF)  announced Timothy K. Flanagan has been named Executive Vice President, Chief Financial Officer & Treasurer. Mr. Flanagan is currently Vice President, Corporate Controller, Treasurer and Chief Accounting Officer. He also previously served as the Assistant Controller and Director of Internal Audit. Prior to his tenure at Cliffs, Mr. Flanagan spent eight years at Arthur Andersen and Protiviti, respectively.

Och-Ziff Capital Management Group LLC [NEW YORK] (NYSE: OZM) announced that Alesia J. Haas has been named Chief Financial Officer. Och-Ziff also announced that current CFO, Joel Frank has decided to retire. Ms. Haas previously served as CFO and Head of Strategy for OneWest Bank, N.A. Her prior experience includes senior finance, investment and strategy roles with Merrill Lynch and General Electric.

Connecture, Inc. [BROOKFIELD, Wis.] (NASDAQ: CNXR) announced that James P. Purko, Chief Financial Officer, will be leaving the Company.

Image may be NSFW.
Clik here to view.

Gregor Morela

Avangate [ATLANTA, GA] announced the appointment of Gregor Morela to the position of Chief Financial Officer. He was most recently the CFO for Linq3 Technologies LLC. Prior to Linq3, Morela held various Vice President of Finance and Controllership roles at Landis+Gyr; CDC Corporation; and Serologicals Corporation. Morela started his career in public accounting at PricewaterhouseCoopers (PwC) in Ljubljana, Slovenia.

Intellia Therapeutics, Inc. [CAMBRIDGE, Mass.] (NASDAQ: NTLA) has appointed Graeme Bell as its Chief Financial Officer. Mr. Bell succeeds Sapna Srivastava, who is transitioning to a senior advisory role within Intellia. Mr. Bell joins Intellia from his role as Chief Financial Officer at Anacor Pharmaceuticals, Inc. Prior to Anacor, Mr. Bell spent more than 20 years at Merck & Co, Inc., where he held numerous finance and accounting senior-level positions including: CFO of U.S. operations, Controller, Global Pharmaceutical Franchises, CFO United Kingdom subsidiary, and head of investor relations.

KBR, Inc. [HOUSTON, TX] (NYSE: KBR) announced that Mark Sopp will join the company as Chief Financial Officer (CFO). Current CFO Brian Ferraioli has decided to retire. From 2005 to 2015, Sopp served as CFO and Executive Vice President for Leidos Holdings. Previously, Sopp served in various executive positions with Titan Corporation.

The Palisades Group, LLC [LOS ANGELES] announced the promotion of Sally Kawana to Chief Financial Officer of the Company. Ms. Kawana most recently served as Palisades’ Head of Capital Markets and Transaction Management since 2013. Ms. Kawana, prior to Palisades, was a Senior Vice President in the Representations and Warranties Group at Bank of America. Prior to Bank of America, Ms. Kawana was a Managing Director in Bear Stearns’ Mortgage and Asset-Backed Securities Group. Prior to Bear Stearns, Ms. Kawana worked in KPMG’s Financial Services Audit and Structured Finance Consulting practices.

CFO Moves – week ending December 30, 2016

CFO Moves this week include:

Red Hat, Inc. Juniper Pharmaceuticals, Inc. AeroVironment, Inc.
Alexion Pharmaceuticals, Inc. United Community Bancorp Graham Holdings Company
CalAmp Neurocrine Biosciences, Inc. MassRoots, Inc.
National Instruments Fuze TriLumina
TechTarget, Inc. InterGen QBE North America
Stratasys Ltd. Farmer Bros. Co. Spin Games LLC
Amedisys, Inc. First Midwest Bancorp, Inc.

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.

NEW: 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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Red Hat, Inc. [RALEIGH, N.C.] (NYSE: RHT) announced that Frank Calderoni has notified Red Hat of his decision to step down as Executive Vice President, Operations and Chief Financial Officer of Red Hat. Upon Mr. Calderoni’s resignation in January, Red Hat intends to appoint Eric Shander, Vice President, Finance and Accounting and our principal accounting officer, to act as the CFO of Red Hat, pending a decision on a permanent replacement.

Image may be NSFW.
Clik here to view.

Jeffrey Young

Juniper Pharmaceuticals, Inc. [BOSTON] (NASDAQ: JNP) announced the appointment of Jeffrey Young as Chief Financial Officer, Treasurer and Secretary. Mr. Young will succeed George O. Elston, the Company’s outgoing Chief Financial Officer, Treasurer and Secretary. Mr. Young most recently served as Chief Financial Officer and Treasurer of OvaScience. He was previously the Chief Financial Officer and Treasurer of Transmedics. Before that, Mr. Young served as Chief Financial Officer and Treasurer at Lantheus Medical Imaging. He joined Lantheus from Critical Therapeutics, where he was Chief Accounting Officer. Early in his career, he worked in various finance roles at PerkinElmer, Inc., and PriceWaterhouseCoopers LLP.

AeroVironment, Inc. [MONROVIA, Calif.] (NASDAQ: AVAV) announced the appointment of Teresa Covington as chief financial officer. Covington will succeed Raymond Cook, who is resigning as senior vice president and chief financial officer due to medical reasons. Teresa joined AeroVironment in 2011. She served as the company’s interim chief financial officer from February 5, 2015 to July 7, 2015. Prior to joining AeroVironment, Covington served as senior vice president and chief financial officer at Line 6.

Alexion Pharmaceuticals, Inc. [NEW HAVEN, Conn.] (NASDAQ: ALXN) announced that David J. Anderson, the former Senior Vice President and Chief Financial Officer of Honeywell for 11 years, has joined the Company as Chief Financial Officer. Mr. Anderson succeeds Vikas Sinha, who has left Alexion. Most recently, Mr. Anderson was the Senior Vice President and Chief Financial Officer of Honeywell International from 2003-2014. Prior to joining Honeywell, Mr. Anderson was Senior Vice President and Chief Financial Officer of ITT Industries. Prior to joining ITT Industries, Mr. Anderson worked at Newport News Shipbuilding, where he was Senior Vice President and Chief Financial Officer. Previously, he also held senior financial positions with RJR Nabisco and The Quaker Oats Company.

United Community Bancorp [LAWRENCEBURG, Ind.] (NASDAQ: UCBA) announced that Vicki March, the Company’s and the Bank’s Chief Financial Officer, Senior Vice President of Finance and Treasurer, is resigning. The Company also announced that the Boards of Directors of the Company and the Bank have appointed David Z. Rosen to serve as the Company’s Chief Financial Officer following Ms. March’s departure. Mr. Rosen currently serves as the Bank’s Chief Risk Officer, a role in which he will continue to serve when he becomes Chief Financial Officer. Mr. Rosen has been United Community Bank’s Chief Risk Officer since 2014. Prior to that time, he was Chief Financial Officer of The Merchant’s Bank and Trust Company since 2010. From 2005 until 2010, Mr. Rosen served as an Audit Supervisor of financial institutions for two public accounting firms.

Graham Holdings Company [ARLINGTON, Va.] (NYSE: GHC) has announced that senior vice president-finance and chief financial officer, Hal S. Jones will retire from the Company. Wallace R. Cooney has been named to succeed Jones. Wallace R. Cooney has served as the chief accounting officer since 2008. Cooney led the accounting and tax functions at The Washington Post Company. Cooney joined The Washington Post Company in 2001 as controller. From 1997 to 2001, he was director of consolidation accounting and financial reporting at Gannett Co., Inc. He began his career with Price Waterhouse in 1985, serving three years in The Hague, The Netherlands, from 1991 to 1994 and as a senior manager from 1994 to 1997.

CalAmp [IRVINE, Calif.] (NASDAQ: CAMP) announced that its Executive Vice President, Chief Financial Officer and Corporate Secretary, Rick Vitelle, plans to retire from the company after sixteen years of service. Mr. Vitelle will remain as CFO until his successor is found, to ensure an orderly and seamless transition. Mr. Vitelle has served as the Chief Financial Officer of CalAmp since 2001. Prior to joining CalAmp, Mr. Vitelle served as Vice President of Finance and Administration and CFO of SMTEK International Inc. (formerly known as DDL Electronics Inc.). Earlier in his career, Mr. Vitelle served as a Senior Manager with PricewaterhouseCoopers.

Neurocrine Biosciences, Inc. [SAN DIEGO] (NASDAQ: NBIX) announced today that Timothy P. Coughlin will be stepping down from his position as Chief Financial Officer. Mr. Coughlin has agreed to continue with the Company through 2017 to facilitate a smooth transition of responsibilities.

Image may be NSFW.
Clik here to view.

Robert “Bob” Pullar

MassRoots, Inc. [DENVER] (OTC: MSRT) announced Robert “Bob” Pullar as Chief Financial Officer. Since November 2006, Mr. Pullar has served as Managing Director of Axis Private Equity Group, LLC.

National Instruments [AUSTIN, Texas] (NASDAQ: NATI) announced the appointment of John Roiko as interim chief financial officer (CFO). Roiko will report to Alex Davern, NI’s current chief operating officer and CFO, who will soon become chief executive officer of the company. Prior to joining NI, Roiko worked as a product line controller for the defense division at Honeywell before moving to Emerson Process Management as the North America accounting manager. He then pursued start-up opportunities as the CFO for Columbia Scientific and director of accounting for Arrowsmith Technologies. Roiko joined NI in 1998 and served as NI’s worldwide corporate controller prior to being appointed vice president of finance in 2008.

Fuze [CAMBRIDGE, Mass.] announced it has strengthened its leadership team with the appointment of Brian Day as Chief Financial Officer. Day was most recently at Apperian where he served first as CFO and then President and CEO of the firm. Prior to Apperian, Day held senior leadership roles at Goal.com, Gomez, Inc., and Octave Communications, Inc., among others. He began his career with Fleet Financial Group as a Vice President in the bank’s structured finance group.

TriLumina [ALBUQUERQUE, N.M.] announced the appointment of John B. Kennedy as its Chief Financial Officer. John previously served as Chief Financial Officer of Sprocket Media, Inc. in Pasadena, California as well as SolarBridge Technologies, Inc. Prior to SolarBridge, Kennedy was VP of Finance and Administration for Primarion, Inc. He has also served as Director of Finance at ValueClick, Inc., as well as senior finance and executive positions at Hotpaper.com, Inc., CBR Systems, Inc. and GameTek, Inc.

TechTarget, Inc. [NEWTON, Mass.] (NASDAQ: TTGT) announced the appointment of Daniel Noreck as Chief Financial Officer and Treasurer for the Company. Noreck was previously the CFO and Treasurer of Providence and Worcester Railroad Company, Inc.

InterGen [BURLINGTON, Mass.] announced that Gregory A. Pratt has succeeded Marc T. Stewart as chief financial officer. Stewart has announced that he will leave the company in early January. Pratt has been with InterGen for 21 years leading the company’s strategy and corporate development activities globally since 2008. Previously, he was managing director of InterGen Australia and vice president of corporate development. Prior to joining InterGen, he was a part of J. Makowski Company’s corporate finance department. In addition, Pratt was a member of PaineWebber’s investment banking division in New York.

Image may be NSFW.
Clik here to view.

Kris L. Hill

QBE North America [NEW YORK] announced the appointment of Kris L. Hill as Chief Financial Officer. Ms. Hill will also serve as a member of the QBE North America Executive Management Board. Ms. Hill succeeds Richard Dziadzio, who served as Chief Financial Officer from July 2013 to July 2016. Ms. Hill most recently served as Executive Vice President, Field Operations, at Liberty Mutual, Surety, after having served for nearly four years as Senior Vice President, Chief Financial Officer, Liberty Mutual, Surety, and three years as Senior Vice President, Chief Financial Officer at Liberty Mutual Safeco Insurance. She previously held several positions of increasing responsibility in accounting, finance and operations at Safeco Corporation, Northstar Communications, and Aetna Life & Casualty.

Stratasys Ltd. [MINNEAPOLIS & REHOVOT, Israel] (NASDAQ: SSYS) announced the appointment of Lilach Payorski, currently Stratasys’ Senior Vice President of Corporate Finance, to Chief Financial Officer, succeeding Erez Simha in this role. Following 5 years of service, Mr. Simha, CFO & COO of Stratasys, has recently informed the Company of his desire to step down as of year-end. Mr. Simha will remain with the Company to provide operational and financial support to Management as required. Payorski joined Stratasys in December 2012. Payorksi has served in various finance leadership roles over the past 10 years, in positions at PMC Sierra, CheckPoint Software Technologies and Wind River Systems. Earlier in her career, she served as a CPA with Ernst & Young LLP both in Israel and later in Palo Alto, CA.

Farmer Bros. Co. [FORT WORTH, Texas] (NASDAQ: FARM) announced the resignation of Isaac Johnston, Treasurer and Chief Financial Officer.

Spin Games LLC [RENO, NV] announced that it has appointed Kunal Mishra President and Chief Financial Officer, succeeding founder Kent Young who as Chief Executive Officer will continue to focus on the company’s strategic objectives. Most recently Kunal served as Managing Partner of Hayabusa Portfolio LLC. His previous industry roles include serving as General Manager for JCM’s Global Asia Pacific division. Prior to JCM, Kunal served as Vice President of Product Management and Marketing for Cadillac Jack.

Amedisys, Inc. [BATON ROUGE, La.] (NASDAQ: AMED) announced that Gary D. Willis will join the Company as Chief Financial Officer, and Ronald A. LaBorde will continue in his role as Vice Chairman until his retirement on April 2, 2017. Most recently, Willis served as Executive Vice President and Chief Financial Officer for Capella Healthcare Inc. Prior to Capella Healthcare, Willis served as Chief Financial Officer for Martin Ventures. Willis has also served as Senior Vice President and Chief Accounting Officer for Vanguard Health Systems, Inc.; and Senior Vice President and Chief Accounting Officer for LifePoint, Health, Inc.

First Midwest Bancorp, Inc. [ITASCA, Ill.] (NASDAQ NGS: FMBI) announced the appointment of Patrick S. Barrett as the Executive Vice President and Chief Financial Officer of both the Company and First Midwest Bank. At that time, Mr. Barrett will assume the duties held by Paul F. Clemens, who currently serves as the Company’s and First Midwest Bank’s Chief Financial Officer. Earlier this year, the Company announced Mr. Clemens’ intention to retire in 2017 when he will turn age 65. Mr. Barrett joins First Midwest from Fulton Financial Corporation, where he served as Senior Executive Vice President and Chief Financial Officer since 2014. Mr. Barrett held multiple roles with SunTrust Bank in the three years prior to joining Fulton Financial, ending his career at SunTrust as Chief Financial Officer of its Wholesale Bank from 2011 to 2013. Prior to joining SunTrust, Mr. Barrett served in a variety of senior financial roles with JPMorgan Chase & Co., including Managing Director of investor relations.  Previously, Mr. Barrett was an audit partner with Deloitte Touche Tohmatsu.

CFO Moves – week ending January 6, 2017

CFO Moves this week include:

DaVita Inc. Shake Shack Inc. Credico North America
Alevo Calumet Specialty Products Partners, L.P. T. Rowe Price Group
Checkmarx Coach, Inc. C&A Industries
IDEX CORPORATION Monotype Imaging Holdings Inc. Gorman-Rupp Company
Catapult Learning, Inc. Enesco, LLC Mattersight Corporation
Winnebago Industries, Inc. Zogenix, Inc. Ascent Capital Group Inc.
Live Ventures Incorporated Amyris, Inc. Cambrex Corporation
Connecture, Inc. Voyager Therapeutics, Inc. Monro Muffler Brake, Inc.

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.

NEW: 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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

DaVita Inc. [DENVER] (NYSE: DVA) announced that Joel Ackerman will join the company and will become its chief financial officer. He replaces Jim Hilger, who has served as the company’s interim chief financial officer since 2015, and will continue in his role as chief accounting officer, a position he has held since 2010. Ackerman is chief executive officer and a board member at Champions Oncology, and has been in that role since 2010. Prior to Champions Oncology, Ackerman was at Warburg Pincus from 1993 to 2008, where he was a partner and headed up the healthcare services group. Ackerman has served on the board of directors of Kindred Healthcare since 2008, and served on the board of directors of Coventry Health Care.  He is also chair of the One Acre Fund.

Shake Shack Inc. [NEW YORK] (NYSE: SHAK) announced that Jeff Uttz will retire as Chief Financial Officer.

Image may be NSFW.
Clik here to view.

Nate Arnett

Credico North America [CHICAGO] has named Nate Arnett its new chief financial officer for Credico USA and Credico Marketing in Canada. Prior to joining Credico, Arnett worked as an external auditor at PricewaterhouseCoopers and spent the majority of his career at Alvarez & Marsal.

Alevo [CONCORD, N.C.] announced the appointment of Peter Heintzelman as Group Chief Financial Officer. Heintzelman joins from T5 Oil & Gas, where he was CFO. His previous experience includes Head of Energy roles with Standard Bank, and senior management positions at Halliburton and Enron.

Calumet Specialty Products Partners, L.P. [INDIANAPOLIS] (NASDAQ: CLMT) has named D. West Griffin as the Partnership’s Executive Vice President & Chief Financial Officer (CFO). He replaces Patrick Murray, the Company’s former Chief Financial Officer, who will serve in the new position of VP & Chief Accounting Officer at Calumet.   Mr. Griffin joins Calumet from Energy XXI, where he was one of the three founders and also served as Chief Financial Officer from 2005 to 2014. Prior to joining Energy XXI, Mr. Griffin served as CFO at Alon USA, and as CFO of InterGen North America. Mr. Griffin began his career as an investment banker, working for both BT Securities and UBS.

T. Rowe Price Group [BALTIMORE] (NASDAQ-GS: TROW) announced that Kenneth V. Moreland, its chief financial officer (CFO), will retire in 2017 after 13 years at the firm and nearly 40 years of accounting, finance, and broad management experience. The firm will begin the search for a new CFO immediately. Prior to joining T. Rowe Price in March, 2004, Ken was a senior vice president, chief financial officer and director with RTKL Associates, Inc. Prior to that, he was a Client Service Partner for Coopers & Lybrand. Additionally, he completed a two-year accounting fellowship with the Securities and Exchange Commission. He currently serves on the Boards of Directors of the Baltimore Development Corporation, University of Maryland Medical Systems, and Messiah College.

Checkmarx [NEW YORK] today announced Shmuel Arvatz as the company’s new chief financial officer (CFO). Before joining Checkmarx, Mr. Arvatz was the CFO of Allot Communications. Additionally, Mr. Arvatz gained extensive experience as the CFO of ClickSoftware. He also served as CFO and executive vice president of Tecnomatix Technologies Ltd.

Coach, Inc. [NEW YORK] (NYSE: COH) announced the appointment of Kevin G. Wills as Chief Financial Officer. Mr. Wills joins Coach from AlixPartners LLP, where he has served as Managing Director and Chief Financial Officer since March 2014. Prior to AlixPartners, Mr. Wills was Executive Vice President and Chief Financial Officer of Saks Incorporated, owner of the Saks Fifth Avenue, Saks.com and Off 5th franchises, where he worked for nearly 16 years in various finance, strategic-planning, administration and operations positions. Before joining Saks Inc., Mr. Wills served as Vice President and Controller for Tennessee Valley Authority. Mr. Wills started his career in 1988 as a Business Assurance Manager for Coopers and Lybrand (now known as PwC). In addition, Mr. Wills is currently Chairman of the Board of Healthways, Inc., where he has been a Director since 2012.

C&A Industries [OMAHA, NE] announced the hiring of Fred Froehlich as chief financial officer. Froehlich began his career in public accounting with Ernst & Young. Prior to joining C&A, he held various senior leadership positions with global companies.

IDEX CORPORATION [LAKE FOREST, Ill.] (NYSE: IEX) announced that William K. Grogan has been appointed Senior Vice President and Chief Financial Officer of the Company. He replaces Michael J. Yates, who has served as the Company’s Interim Chief Financial Officer since September 2016, and will resume his position as Vice President and Chief Accounting Officer. Mr. Grogan has been at IDEX for five years and has served as Vice President of Finance, Operations since 2015. Prior to that, he was Chief Financial Officer for the Company’s Health and Science Technologies and Fire, Safety and Diversified Technologies segments from 2012 to 2015. Before joining IDEX Corporation, Mr. Grogan most recently served as Director of Finance, Store Operations at Walgreen Company from 2011 to 2012.

Monotype Imaging Holdings Inc. [WOBURN, Mass.] (NASDAQ: TYPE) announced it has appointed Anthony Callini as the company’s new Chief Financial Officer and Executive Vice President. He succeeds President and CEO Scott Landers, who was serving as interim Chief Financial Officer. Prior to joining Monotype, Callini served from 2013 to 2016 as the Senior Vice President of Finance at Avid Technologies. From 2004 to 2013, Callini held a number of financial leadership positions at Open Solutions, Inc., most recently as the Senior Vice President – Finance and Treasurer. Prior to Open Solutions, Callini held financial leadership positions with Ernst & Young LLP and Arthur Andersen LLP.

The Gorman-Rupp Company [MANSFIELD, Ohio] (NYSE MKT: GRC) has appointed James C. Kerr to the position of Chief Financial Officer. Mr. Kerr joined the company in July 2016 as Vice President of Finance. Previously he served as Executive Vice President and Chief Financial Officer of Jo-Ann Stores, Inc. Mr. Kerr was with Jo-Ann Stores, Inc. for the prior 17 years.

Catapult Learning, Inc. [CAMDEN, N.J.] announced the hiring of Chris Catalano as Chief Financial Officer. Prior to joining Catapult Learning, Catalano served notably, from 2009 to 2014, as Chairman and CEO of the School of Rock. Catalano also spent five years as CFO and Chief Investment Officer of McDonald’s Ventures.

Enesco, LLC [ITASCA, Ill.] announced the appointment of Anthony G. Testolin as its Chief Financial Officer. Most recently, he held the positions of Chief Accounting Officer and Interim Chief Financial Officer for the Company. Mr. Testolin joined Enesco in 2005 as Corporate Controller and was promoted to Chief Accounting Officer later that same year. He assumed the additional responsibility of Interim Chief Financial Officer in May 2016. Prior to joining Enesco, Mr. Testolin held the positions of divisional Chief Financial Officer for a graphic arts company. He also was a Corporate Controller for a horticultural company. Mr. Testolin’s career began when he was an Audit and Financial Consulting Manager at Arthur Andersen in Chicago.

Mattersight Corporation [CHICAGO, IL] (NASDAQ: MATR) announced that David Mullen has joined the company as its Senior Vice President and Chief Financial Officer. Mr. Mullen is currently on the Mattersight Board of Directors, and will remain on the board while serving as Chief Financial Officer. Mr. Mullen is the former Executive Vice President and Chief Financial Officer of Navteq Corporation, having held that position from December 2002 to January 2010. Prior to joining Navteq, he served as President and Chief Financial Officer of Allscripts Healthcare Solutions, Inc. Prior to joining Allscripts, Mr. Mullen was CFO of Enterprise Systems, and prior to that, CFO of CCC Information Services.

Winnebago Industries, Inc. [FOREST CITY, IA] (NYSE: WGO) announced the appointment of Richard D. Moss to its Board of Directors. Moss is currently the Chief Financial Officer of Hanesbrands Inc. Moss has served as CFO since 2011. Since joining HanesBrands in 2006, he has also held the positions of Chief Treasury and Tax Officer and Treasurer. Prior to joining HanesBrands, Moss served as CFO of Chattem, Inc. He was also previously Vice President and Treasurer of Sealy Corporation and Group Treasurer for Ansaldo STS.

Zogenix, Inc. [EMERYVILLE, Calif.] (NASDAQ: ZGNX) announced that Ann D. Rhoads, Executive Vice President, Chief Financial Officer, Treasurer and Secretary, will depart Zogenix following a transition period. Michael P. Smith, most recently Chief Financial Officer at Raptor Pharmaceutical Corp., has been appointed to fill the position.  Most recently, Mr. Smith served as Chief Financial Officer of Raptor. Prior to Raptor, Mr. Smith served as Chief Financial and Business Advisor at Catalyst Biosciences from May 2012 to January 2015. Previously, he was Vice President of Business Development at iPierian, Inc., and from June 2006 to July 2009, he served as Head of Business Development and Chief Financial Officer of Memory Pharmaceuticals Corporation.

Ascent Capital Group Inc. (NASDAQ: ASCMA) announced that Michael Meyers, Chief Financial Officer of Ascent and its wholly owned subsidiary, MONI, has announced his intention to retire from the Company by year end. Mr. Meyers has served as Chief Financial Officer of MONI since 1996 and has served as Chief Financial Officer of Ascent since it acquired MONI in 2010. Mr. Meyers joined MONI in July, 1996.

Live Ventures Incorporated [LAS VEGAS] announced the appointment of Virland A. Johnson as its chief financial officer. Prior to joining Live Ventures, he served as senior director of revenue at Scottsdale. Prior to that, he held various financial positions throughout the Scottsdale area, including Cultural Experiences Abroad, Inc., Chamberlain Group, Inc. and Fender Musical Instruments. In addition, he has held operational positions at Keisler Enterprises, Inc., where he served as president, Unitech Industries, where he served as CEO, Innovative Environmental Products, Inc., where he served as chief operating officer and at Cultural Experiences Abroad, where he also served as executive vice president of operations.

Amyris, Inc. [EMERYVILLE, Calif.] (NASDAQ: AMRS), announced the appointment of Kathleen Valiasek as Chief Financial Officer. She replaces Raffi Asadorian, who has resigned to pursue a new opportunity. Prior to joining Amyris, Valiasek was Founder and Chief Executive Officer of Lenox Group, Inc. Prior to that, she served in key venture capital, real estate development and accounting roles.

Cambrex Corporation [East Rutherford, NJ] (NYSE: CBM) announced the hiring of Tom Vadaketh as Executive Vice President and Chief Financial Officer. Greg Sargen, CFO at Cambrex, will transition to a newly-created role, Executive Vice President, Corporate Development and Strategy. Mr. Vadaketh was most recently the CFO of the Crosby Group. Prior to that, he spent nine years in a variety of increasingly senior financial positions at Tyco International. In his last role at Tyco, he served as Vice President, Finance, Corporate Financial Planning & Analysis and CFO of Global Products. Prior to his time at Tyco, Mr. Vadaketh spent 15 years in a variety of senior financial roles at Proctor & Gamble. Tom started his career at Deloitte and Touche in the United Kingdom.

Connecture, Inc. [BROOKFIELD, Wis.] (NASDAQ: CNXR) announced that Vincent Estrada has joined the Company as Chief Financial Officer (CFO). Estrada joins Connecture from HealthMEDX, LLC, where he served as CFO and Executive Vice President of Business Development.

Voyager Therapeutics, Inc. [CAMBRIDGE, Mass.] (NASDAQ: VYGR) announced the appointment of Jane Pritchett Henderson as senior vice president and chief financial officer. Ms. Henderson most recently served as chief financial and business officer of Kolltan Pharmaceuticals, Inc., having joined the biopharmaceutical company in 2013.  Previously, Ms. Henderson served as vice president, business development of ISTA Pharmaceuticals, Inc., from June 2010 to June 2012. Prior to ISTA Pharmaceuticals, Ms. Henderson also served as the chief financial officer and head of business development at Axerion Pharmaceuticals, Inc., and as chief financial officer and chief business officer of Panacos Pharmaceuticals, Inc. Ms. Henderson currently serves on the Board of Directors of Eleven Biotherapeutics, Inc.

Monro Muffler Brake, Inc. [ROCHESTER, N.Y.] (NASDAQ: MNRO) announced that Brian J. D’Ambrosia has been appointed the Company’s Chief Financial Officer. Mr. D’Ambrosia succeeds Catherine D’Amico, a long-term veteran of Monro, who will remain with the Company as Director of Special Projects at least through August 2018. Most recently, Mr. D’Ambrosia served as Vice President of Finance and Chief Accounting Officer. Prior to joining Monro, Mr. D’Ambrosia’s roles included nearly three years as Regional Controller of Robbins & Meyers and five years at Birds Eye Foods, including in the position of Controller. Mr. D’Ambrosia also held the role of Chief Financial Officer of sports entertainment company, Rochester Sports Group and spent nearly six years at Deloitte & Touche, including in the role of Audit Manager.

CFO Moves – week ending January 13, 2017

CFO Moves this week include:

Kellogg Company US Foods Holding Corp. Rocky Brands, Inc.
Universal Corporation Cars.com Mill Creek Residential
Pareteum Corporation MetricStream Appvion, Inc.
PaySimple AnaptysBio, Inc Rockwell Automation Inc.
AC Lordi Retail Solutions, Inc. Agari
Bluestem Group Inc. Providence Medical Technology, Inc. BIOLASE, Inc.
Global Net Lease, Inc. Huron American Campus Communities
RealBiz Media Group, Inc. Progyny

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.

NEW: 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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Kellogg Company [BATTLE CREEK, Mich.] (NYSE: K) announced that Fareed Khan will join the company and will be named as Chief Financial Officer (CFO) and Principal Financial Officer. Khan will succeed current CFO Ron Dissinger, who will remain with the company in 2017 to ensure an orderly transition. Khan joins Kellogg from US Foods Holding Corp. where he has held the CFO position since 2013. Prior to US Foods, Khan served as Senior Vice President and CFO at United Stationers and spent 12 years at USG Corporation in a variety of roles, including Executive Vice President of Finance and Strategy, President and CEO of USG Building Systems, and Executive Vice President of Sales and Marketing.  Khan’s experience also includes several years at McKinsey & Company as a management consultant in the U.S. and Europe.

US Foods Holding Corp. [ROSEMONT, Ill.] (NYSE: USFD) announced that Dirk J. Locascio will assume the role of Chief Financial Officer. Locascio replaces Fareed Khan who is leaving. Locascio has served in a variety of finance and accounting leadership roles with the company since 2009. He currently serves as Senior Vice President, Financial Accounting and Analysis. Prior to joining US Foods, Locascio held senior finance roles with United Airlines and in public accounting with Arthur Andersen LLP.

Rocky Brands, Inc. [NELSONVILLE, Ohio] (NASDAQ: RCKY) announced that Mike Staude, Vice President of Finance, has been appointed Interim Chief Financial Officer following the resignation of James E. McDonald as Executive Vice President and Chief Financial Officer of the Company. Mr. Staude joined the Company in August 2007 and has served as Senior Vice President of Finance since January 2015. Prior to that, he served as Vice President of Accounting from January 2010 until January 2015 and as Director of Accounting from August 2007 until January 2010.

Universal Corporation [RICHMOND, Va.] (NYSE: UVV), announced that Senior Vice President and Chief Financial Officer David C. Moore will be on a temporary medical leave of absence. During the leave of absence, other executive officers of the Company will assume Mr. Moore’s management duties while remaining in their current positions.  George C. Freeman III, Chairman, President, and Chief Executive Officer, will also act as the Company’s principal financial officer.

Cars.com [CHICAGO] announced the appointment of Becky A. Sheehan as the company’s chief financial officer. Sheehan joins Cars.com from her role as executive vice president and chief financial officer for FTD Companies, Inc., where she also served as a member of the office of the chief executive officer. In addition to her public company experience as a CFO, Sheehan spent 19 years in public accounting, most recently as an audit partner with Deloitte LLP. At Deloitte, she served as the leader of the Manufacturing and Consumer audit practice for the Chicago office. Prior to joining Deloitte, she was a partner with Arthur Andersen.

Mill Creek Residential [DALLAS] announced the hiring of David L. Reynolds as Chief Financial Officer. Prior to joining Mill Creek, Reynolds worked in real estate private equity for 14 years, most recently at Five Mile Capital Partners (FMCP). Reynolds also spent 14 years in real estate investment banking at UBS Warburg and its predecessor companies, Kidder Peabody and PaineWebber, beginning as an associate and ultimately achieving the position of managing director. Reynolds started his career at Arthur Andersen in its audit division.

Pareteum Corporation [NEW YORK] (NYSE MKT: TEUM) announced the appointment of Ted O’Donnell as Chief Financial Officer. Prior to joining Pareteum Corporation, Mr. O’Donnell served as CFO of Ameri100.

MetricStream [PALO ALTO, Calif.] announced the appointment of Steve Springsteel as Chief Financial Officer (CFO). Mr. Springsteel joins MetricStream from Actian, where he was CFO. Prior to that, he was CFO for MarkLogic, and he also served as Entrepreneur-in-Residence for U.S. Venture Partners. Springsteel also held President and CEO positions at software firms including Chordiant Software, Verity and Sagent Technology.

Appvion, Inc. [APPLETON, Wis.] announced that Carl J. Laurino has been elected to its board of directors. Laurino served as senior vice president and chief financial officer of The Manitowoc Company, Inc. from 2004 until June 2016. He joined Manitowoc in January 2000 as assistant treasurer. In 2001, Laurino was appointed treasurer and served in that capacity until his promotion to senior vice president and chief financial officer in May 2004. Prior to his joining Manitowoc, Laurino worked for 15 years in commercial banking in a variety of management and executive positions with Firstar Bank Wisconsin, Associated Bank, N.A., and Norwest Bank.

PaySimple [DENVER] has announced that Marc Thompson has joined the team as Chief Financial Officer. Most recently, Marc was Co-Head of Investment Banking at Oppenheimer & Co. Prior to Oppenheimer, he was a Managing Director at CIBC Capital Partners.

AnaptysBio, Inc. [SAN DIEGO] announced the appointment of Dominic Piscitelli as chief financial officer. Prior to joining AnaptysBio, Mr. Piscitelli served as vice president of finance, strategy and investor relations at Medivation, Inc. Between 2011 and 2012, Mr. Piscitelli served as senior director of collaborations and operations finance at Astellas Pharmaceuticals. From 2001 to 2011, Mr. Piscitelli served in various roles of increasing responsibility culminating as the vice president, treasury & management finance at OSI Pharmaceuticals, Inc.

Image may be NSFW.
Clik here to view.

Patrick Goris

Rockwell Automation Inc. [MILWAUKEE] (NYSE: ROK) has named Patrick Goris senior vice president and chief financial officer. Goris succeeds Theodore Crandall, who has been appointed senior vice president, Control Products & Solutions (CP&S). Goris currently serves as Rockwell Automation’s vice president, investor relations and vice president, finance, of the Architecture & Software segment. He has held roles of increasing responsibility within finance since joining Rockwell Automation in 2006. He has over 20 years of experience, including 10 years with Graphic Packaging International before joining Rockwell Automation.

AC Lordi [MALVERN, Pa.] announced that Steve Gambone has been named Chief Financial and Administrative Officer (CFAO). Gambone has served as interim controller/CFO for numerous organizations. Prior to joining AC Lordi, he was CFO for a private company, as well as controller for an international manufacturing company.

Retail Solutions, Inc. [MOUNTAIN VIEW, Calif.] names John Neale as Chief Financial Officer. Prior to joining RSi, Neale was CFO for ClearCare.

Agari [SAN MATEO, CA] announced that Raymond Lim has joined the company as chief financial officer. He brings expertise from his experience at Jigsaw. Lim was most recently the chief financial officer for Rafter. Prior to this, he was chief financial officer for Saisei Networks, and Badgeville.

Bluestem Group Inc. [EDEN PRAIRIE, Minn.] (OTC: BGRP) announced the intention of its Chief Financial Officer, Mark Wagener, to retire. Mr. Wagener will remain with Bluestem until July 3, 2017 to help ensure an orderly transition to his successor.

Providence Medical Technology, Inc. [WALNUT CREEK, Calif.] announced the hiring of Gregory S. Curhan as Chief Financial Officer and SVP of Corporate Development. Prior to joining Providence Medical Technology Mr. Curhan served as a founder and past President of Merriman Curhan Ford.

BIOLASE, Inc. [IRVINE, Calif.] (NASDAQ: BIOL) announced that Senior Vice President and Chief Financial Officer David C. Dreyer has decided to resign for personal reasons. The Company is conducting a search for a new Chief Financial Officer. Until a replacement is named, Dreyer’s day to day finance responsibilities will be handled by its long-tenured Finance leadership.

Global Net Lease, Inc. [NEW YORK] (NYSE: GNL) announced that its board of directors has appointed Nicholas Radesca to serve as GNL’s chief financial officer, treasurer and secretary. Mr. Radesca is replacing Timothy Salvemini, who will be leaving GNL to pursue other opportunities.

Huron [CHICAGO] (NASDAQ: HURN) announced Gordon J. Mountford will step down as leader of the healthcare practice, and John D. Kelly has been promoted to Executive Vice President and Chief Financial Officer. Kelly has held a variety of roles at Huron since he joined the firm in 2006. He served as Treasurer and Chief Accounting Officer of Huron since his appointments in 2016 and 2015, respectively. Prior to his role as Chief Accounting Officer, Kelly served as Controller and Assistant Controller. Prior to joining the Corporate team, he was a Director in Huron’s Disputes and Investigations practice. Kelly joined Huron from Deloitte & Touche.

American Campus Communities [AUSTIN, Texas] (NYSE: ACC) announced that Jon Graf will step down as Chief Financial Officer. Graf joined the company in 2004; initially serving as Corporate Controller, being promoted to Chief Accounting Officer in 2005, and ultimately serving as Chief Financial Officer since 2007. Daniel Perry, EVP of Corporate Finance & Capital Markets, will be promoted to Chief Financial Officer. Perry joined the company in 2005 from Citigroup.

RealBiz Media Group, Inc. [NEW YORK, NY] (OTC: RBIZ) announced that the Company named Mark B. Lucky as its acting Chief Financial Officer (CFO). Recently, he served as a consultant to RealBiz, NuState Energy Holdings, Inc., Intelligent Living America, Inc., and Ronn Motor Group, Inc., and was CFO for IceWeb Inc. from March 2007 to May 2014. During his career, he was also employed at Axys Pharmaceuticals, Inc., The Walt Disney Company, PriceWaterhouseCoopers, LLC, and KPMG.

Progyny [NEW YORK] announced the appointment of former WebMD CFO, Peter Anevski, as its Chief Financial Officer and Chief Operating Officer. Pete joined WebMD in 1999 and served as senior management in a number of finance and operations roles, becoming the company’s CFO in 2013. Prior to joining WebMD, Pete was in corporate accounting at Toys “R” Us and a CPA with Wiss &Co, LLP.


CFO Moves – week ending January 20, 2017

CFO Moves this week include:

Lowe’s Companies, Inc. Disney|ABC Television AIP Aerospace
Jaunt Inc. Motif Bio plc Atmos Energy Corporation
CSS Industries, Inc. HNI Corporation North State Bank
JazzHR PPG BJ Services
Old Point National Bank HYPERLOOP ONE ServiceMaster Global Holdings, Inc.
ARC Group, Inc. SmartZip Analytics, Inc. FirstCare Health Plans
iRobot Corp. AVANT Royal Cup Coffee & Tea
Servotronics, Inc. Crestone Capital, LLC Lenox Park Solutions
PagerDuty Bank of Hawaii Animal Supply Company
Medicenna BioPharma Inc.

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Image may be NSFW.
Clik here to view.

Marshall A. Croom

Lowe’s Companies, Inc. [MOORESVILLE, N.C.] (NYSE: LOW) announced that Marshall A. Croom has been promoted to the position of chief financial officer. Croom succeeds Robert F. (Bob) Hull Jr., who announced plans to retire after 17 years with the company. Croom joined Lowe’s in 1997, following a successful 11-year career with Ernst & Young, including two years in the firm’s national tax department.

Image may be NSFW.
Clik here to view.

Robert Langer

Disney|ABC Television announced that Robert Langer has been named executive vice president and chief financial officer. Langer replaces Peter Seymour, who, after 20 successful years with the company, announced his plans to depart the group last November. Prior to this announcement, Robert Langer served as The Walt Disney Company’s country manager for Germany, Switzerland & Austria (GSA). Langer joined Disney in 1999 as director, Business Development, Global Licensing. In 2007 he was appointed chief financial officer for the global Disney Consumer Products (DCP) division. He was appointed general manager for DCP EMEA in 2009, responsible for DCP’s merchandise, publishing and The Disney Store’s business in Europe. Previous positions within Disney include roles at Walt Disney Parks and Resorts, where he served as chief financial officer, Disneyland Resort and chief financial officer, Global Segment Operations. Before coming to Disney, he worked at The Boston Consulting Group and ART Concerts Company, located in Munich, Germany.

Image may be NSFW.
Clik here to view.

Jonathon Levine

AIP Aerospace [SANTA ANA, Calif.] announced the appointment of Jonathon Levine as Executive Vice President and Chief Financial Officer. Most recently, he was Chief Financial and Administration Officer at Dayco. Prior to Dayco, Jonathon was the Chief Financial Officer for GKN Aerospace North America. He also spent 12 years at Tomkins PLC, including 4 years as CFO of Gates Corporation, and held senior financial positions at BAE Systems and Courtaulds Textiles.

Jaunt Inc. [PALO ALTO, Calif.] announced that it has appointed Fabrice Cantou as Chief Financial Officer. Cantou was recently the CFO of Dailymotion.

Motif Bio plc [NEW YORK] (NASDAQ: MTFB) announced that Robert Dickey IV has been appointed as Chief Financial Officer. He replaces Pete Meyers, who is retiring. Prior to joining Motif Bio, he was CFO at Tyme Technologies Inc. Robert previously held senior leadership positions at NeoStem, Inc., Hemispherx Biopharma Inc., Stemcyte Inc., Locus Pharmaceuticals Inc. and Protarga Inc. Mr. Dickey began his career as an Investment Banker at Lehman Brothers and Legg Mason Wood Walker Inc.

Atmos Energy Corporation [DALLAS] (NYSE: ATO) announced that Christopher T. Forsythe, Vice President and Controller, has been promoted by the Board of Directors to Senior Vice President and CFO. He replaces Bret J. Eckert, who is retiring. Forsythe joined Atmos Energy in June 2003 and was promoted to Director of Financial Reporting in September 2003, having previously worked as a Senior Audit Manager for PricewaterhouseCoopers LLP. He was promoted to his current position in 2009.

CSS Industries, Inc. [PLYMOUTH MEETING, Pa.] (NYSE: CSS) announced that John M. Roselli will join the organization as its new Chief Financial Officer. David F. McHugh, who has served as interim Chief Financial Officer, will return to his prior position as the Company’s Vice President – Finance. Mr. Roselli has served in various senior financial positions with TE Connectivity and its former parent company Tyco International (“Tyco”), most recently serving as TE’s Vice President of Finance/Chief Financial Officer for its global Sensor Solutions business unit. Prior to his most recent position, John had similar financial leadership roles for TE’s Data Communications and Global Distribution business units. John began his tenure at Tyco as Director of Investor Relations and later served as TE’s Vice President of Investor Relations following TE’s spinoff from Tyco. Prior to Tyco/TE, John spent six years at Citigroup as an associate equity analyst.

HNI Corporation [MUSCATINE, Iowa] (NYSE: HNI) announced that Kurt A. Tjaden who has served as Chief Financial Officer of HNI Corporation since August 2008 has been appointed President, HNI International. Mr. Tjaden will continue as a Senior Vice President. Prior to joining HNI Corporation, Mr. Tjaden had significant experience working in Asia for Whirlpool, Gateway, and Procter & Gamble.  Marshall H. Bridges has been appointed Vice President and Chief Financial Officer of HNI Corporation, reporting to Mr. Askren. Mr. Bridges joined HNI Corporation in 2001, and has served as Vice President Investor Relations and Treasurer, HNI Corporation; Vice President, Finance, Allsteel; and Vice President, Finance, Contract Furniture Group.

Image may be NSFW.
Clik here to view.

Stacy R. Reedy

North State Bank [RALEIGH, N.C.] announced that Senior Vice President Stacy R. Reedy has been named chief financial officer, having most recently served as general auditor and chief risk officer. Reedy started her banking career in the mid-2000s as an audit manager for Dixon Hughes Goodman LLP.

JazzHR [PITTSBURGH] announced the appointment of Brit Hutchins to the role of chief financial officer. Hutchins is the former CFO of Boston-based CrowdComfort. Prior to CrowdComfort, Hutchins held similar positions at several other startups, including Aras Corporation and VISTAGY.

Image may be NSFW.
Clik here to view.

Vincent J. Morales

PPG [PITTSBURGH] (NYSE: PPG) announced that its board of directors has elected Vincent J. Morales to serve as senior vice president and chief financial officer. Morales is replacing Frank S. Sklarsky as CFO, who has announced his retirement. Morales will also join PPG’s executive and operating committees. Morales joined PPG in 1985 and advanced through various finance roles of increasing responsibility in the company’s Corporate Controller’s function, shared financial service center, plants and business units.

BJ Services [TOMBALL, Texas] announced Evelyn M. Angelle has joined the Company as Executive Vice President and Chief Financial Officer. Most recently, Ms. Angelle spent 12 years at Halliburton working in various senior roles, including Senior Vice President of Global Supply Chain, Chief Accounting Officer and Vice President of Investor Relations. Before Halliburton, Ms. Angelle spent 15 years in Ernst & Young LLP’s audit practice.

Old Point National Bank [HAMPTON, Va.] announced that Laurie Grabow, Executive Vice President and Chief Financial Officer has stated her intent to retire in the summer of 2017. Laurie worked in different areas of the bank throughout her career, starting in 1986 as Assistant Vice President of Operations.  In 1995, she was named Audit Director and in 2000, Chief Financial Officer.  Laurie also serves as the Chief Financial Officer and Senior Vice President of Old Point Financial Corporation.

HYPERLOOP ONE [LOS ANGELES] announced the promotion of Brent Callinicos to Chief Operating Officer and Chief Financial Officer of the company. Prior to joining the company, Mr. Callinicos served as the Chief Financial Officer at Uber Technologies from 2013 to 2015. Prior to Uber, Callinicos was VP, Treasurer and Chief Accountant at Google from 2007 to 2013. He also ran Google’s green energy investment portfolio. He held various roles at Microsoft from 1992 to 2007, where most recently he was CFO of the Platforms and Services Division. He also served as Microsoft’s Treasurer from 2000-2004. Callinicos also sits on the boards of Baidu, PVH and Rubicon Global.

ServiceMaster Global Holdings, Inc. [MEMPHIS, Tenn.] (NYSE: SERV) announced that Alan Haughie, its senior vice president and chief financial officer, will retire from the company in March. He’ll be succeeded by Anthony (Tony) DiLucente. DiLucente comes to ServiceMaster from HDT Global, a comprehensive provider of mobility solutions for military and government applications, where he served as executive vice president and chief financial officer since 2011. DiLucente’s background also includes executive positions with Honeywell International, Johns Manville and Masonite Inc.

ARC Group, Inc. [JACKSONVILLE, Fla.] (OTC: ARCK) announced that the Company’s Board of Directors appointed Seenu G. Kasturi to serve as President and CFO, and as the Chairman of the Board of Directors.  Kasturi replaces Daniel Slone as CFO, a position Slone has held since 2013. Kasturi has served as the President and CEO of Blue Victory Holdings, Inc. Prior to that, Kasturi founded K&L Investment Realty.

SmartZip Analytics, Inc. [PLEASANTON, Calif.] announced that Scott Baumgartner has joined the company as its first Chief Financial Officer. Baumgartner’s career history includes a 14-year stint at CallidusCloud. Most recently, Baumgartner was the Vice President of Finance at Accela. He started his finance career at KPMG and has also held leadership roles at Read-Rite Corp and Merant Software.

FirstCare Health Plans [AUSTIN, Texas] announced the appointment of Jeff Rayl as the organization’s new chief financial officer (CFO). He joined FirstCare in 2009.

iRobot Corp. [BEDFORD, Mass.] (NASDAQ: IRBT) announced the addition of Elisha Finney, executive vice president and chief financial officer at Varian Medical Systems (NYSE: VAR), to its board of directors. Ms. Finney’s joined Varian in 1988 and was named vice president of finance and CFO in April, 1999. In January, 2005, she was promoted to senior vice president. Ms. Finney was named executive vice president of Varian in February, 2012. She recently announced her intention to retire from Varian when a successor is named, which is expected to occur during the fiscal year 2017. Ms. Finney also serves on the board of directors at ICU Medical and previously served as a board member at Altera Corporation, Thoratec and Laserscope.

AVANT [CHICAGO] announced that Brendan Taylor assumed the role of chief financial officer. Brendan joins AVANT from CVM Solutions.

Royal Cup Coffee & Tea [BIRMINGHAM, Ala.] announced that William L. (Chip) Wann Jr. joined the company as chief financial officer. Wann most recently served as chief operating officer and chief financial officer of Mspark. Prior to his time at Mspark, he served as senior vice president of financial operations for the home health division of Amedisys, Inc. Wann also served as executive vice president and chief financial officer of Surgical Care Affiliates (SCA). Prior to his time at SCA, Wann served as vice president and chief financial officer of Protective Life Corporation. Additionally, Wann previously served as vice president of investor relations and corporate finance for Protective Life. He started his career in the Birmingham office of Ernst & Young, LLP.

Servotronics, Inc. [ELMA, N.Y.] (NYSE MKT: SVT) announced the hiring of industry veteran Lisa Bencel as Chief Financial Officer. After leaving GE as a Manager of Finance, she held several executive positions with increasing financial leadership responsibilities including Business Controller at AlliedSignal (now Honeywell), Vice President of Finance, Business Planning & Control at Ericsson, Vice President of Finance at L-3 Communication’s Space & Navigation division, and Controller at Raytheon Technical Services Company. Prior to joining Servotronics, Ms. Bencel was the Global Controller and Treasurer at the privately held information services company kgb.

Crestone Capital, LLC [BOULDER, Colo.] announced that Hull K. McKinnon has joined firm as its new Chief Financial Officer (CFO) and Partner. Mr. McKinnon joins Crestone from the venture capital firm Altira Group, where he served as General Partner and previously CFO. Mr. McKinnon assumes leadership of Crestone’s CFO responsibilities from Doug Bonnette, who has spent the past 18 years at Crestone and is transitioning into retirement after a nearly 40-year career. Mr. Bonnette will join the Crestone board of advisors and will remain with Crestone in an Of Counsel role.

Lenox Park Solutions [NEW YORK] announced the hiring of Christopher L. Finley as its Chief of Finance & Operations. Prior to his new role at Lenox Park, Christopher was an investment banker at Deutsche Bank Securities and Morgan Stanley. He was also an analyst for Oaktree Capital Management’s long-short Emerging Markets hedge fund. He was previously a member of Lenox Park’s advisory board.

Image may be NSFW.
Clik here to view.

Steven Gatoff

PagerDuty [SAN FRANCISCO] announced the appointment of Steven Gatoff as chief financial officer. Before joining PagerDuty, Gatoff led Rapid7. Gatoff also held financial executive roles at United Online, Sterling Commerce and VeriSign. He began his career in investment banking.

Bank of Hawaii [HONOLULU] announced that Kent T. Lucien, vice chair, currently Bank of Hawaii’s chief financial officer, will become chief strategy officer. Dean Y. Shigemura, senior executive vice president, will be promoted from controller to chief financial officer, succeeding Kent T. Lucien. These appointments are effective March 1. Prior to joining Bank of Hawaii as a member of its Managing Committee as vice chair and chief financial officer in 2008, Lucien served on the bank’s board of directors from 2006. Lucien’s previous experience includes serving as chief executive officer of operations and chief financial officer at C. Brewer & Co. Ltd., a Hawaii corporation with operations in agriculture, food processing, industrial services and real estate. Lucien previously served on the board of Wailuku Water Co. and Maui Land & Pineapple Inc., where he served as Audit Committee Chair. Shigemura has been a member of Bank of Hawaii’s Managing Committee since 2008. Shigemura began his career at Bank of Hawaii in 1999 as vice president and investments officer. He was promoted to senior vice president in 2002, and was named executive vice president and bank treasurer the following year. In 2014, Shigemura was promoted to controller. Prior to Bank of Hawaii, he worked as vice president and financial analyst for The Shidler Group.

Image may be NSFW.
Clik here to view.

Trisha Rosado

Animal Supply Company (ASC) [IRVING, TX] welcomed Trisha Rosado as its new Chief Financial Officer. Most recently, Trisha was CFO at Flavors Holding, Inc and held senior finance positions at Sara Lee and US Foods. She will work closely with, and support, Ken Fish, as he transitions from Chief Financial Officer to Executive Vice President Corporate Development.

Medicenna BioPharma Inc. [HOUSTON and VANCOUVER], a wholly owned subsidiary of Medicenna Therapeutics, Inc. announced that it has appointed Elizabeth Williams as Chief Financial Officer. Prior to joining Medicenna, Ms. Williams was the Vice President of Finance and Administration at Aptose Biosciences Inc. (previously Lorus Therapeutics Inc.). While at Aptose, she held several positions, including Acting Chief Financial Officer.

CFO Moves – week ending January 27, 2017

CFO Moves this week include:

American Technion Society SugarCRM® Inc Charles Schwab Corporation
Seacoast Banking Corporation of Florida Differential Brands Group Inc. OptiNose
Harpoon Therapeutics, Inc Lilis Energy, Inc. Viceroy Hotel Group
i2i Population Health American Integrity Trading Technologies International, Inc.
Art Van Furniture HCP Boku
Amendia, Inc First Bancshares, Inc StoneMor Partners L.P.
Black Box Corporation Minerals Technologies Inc Aurora Spine Corporation
Independence Health Group MonoSol 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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Image may be NSFW.
Clik here to view.

Michael Waxman-Lenz

American Technion Society [NEW YORK] announced it has hired Michael Waxman-Lenz as Senior Vice President, Finance. Before joining the ATS, Mr. Waxman-Lenz was most recently at Undertone, a subsidiary of Perion, based in New York and Tel Aviv, serving as CFO. Prior to Perion, Mr. Waxman-Lenz co-founded International Education Advantage. He also served at American Greetings Corporation for a decade in various executive capacities.

SugarCRM® Inc. [CUPERTINO, CA] announced that Karen Willem has joined the company as chief financial officer (CFO). Willem joins SugarCRM from LILEE Systems, where she was CFO. Prior to LILEE, Willem also served as the CFO at iPass, and Xsigo Systems. Willem has also held executive positions at Openwave Systems, Cassatt Corporation and Brio Software.

Image may be NSFW.
Clik here to view.

Peter Crawford

The Charles Schwab Corporation [SAN FRANCISCO] (NYSE: SCHW) announced that Peter Crawford, Schwab’s executive vice president of finance and a 16-year veteran of the company, will succeed Joseph R. Martinetto as the company’s chief financial officer. Mr. Crawford was appointed executive vice president of finance in July 2015. He joined Schwab in 2001 after serving at McKinsey & Company, where he was an engagement manager. He also served as chief of staff to Chairman Charles Schwab.

Seacoast Banking Corporation of Florida [STUART, Fla.] (NASDAQ: SBCF) announced that Charles M. (Chuck) Shaffer, executive vice president, has been appointed chief financial officer and head of strategy. Shaffer joined Seacoast in 1998 as a financial analyst, has led the Community Banking Group as executive vice president since October 2013. Previously, he served as senior vice president and controller from 2005 to October 2013.

Differential Brands Group Inc. [LOS ANGELES] (NASDAQ: DFBG) announced that Bob Ross has been appointed Chief Financial Officer, replacing Hamish Sandhu. More recently, Mr. Ross served as Chief Financial Officer of Nasty Gal, Inc. Prior to that, he held the Chief Financial Officer Position at Ideeli Inc. Previously, for more than 12 years, Mr. Ross held various financial and operational executive roles at Urban Outfitters.

OptiNose [YARDLEY, Pa.] announced the appointment of Keith A. Goldan as Chief Financial Officer (CFO). Goldan is an experienced CFO of private and public biopharma companies including Fibrocell, NuPathe, PuriCore (now Realm Therapeutics) and Biosyn. Goldan’s experience also includes a variety of roles with ViroPharma; Century Capital Associates; and the Healthcare & Life Sciences Practice of KPMG.

Harpoon Therapeutics, Inc. [BRISBANE, Calif.] announced the appointment of William E. Picht, Jr. as chief financial officer. Most recently, he served as chief financial officer for Pearl Therapeutics. Previously, he held finance roles at Nektar Therapeutics, including head of R&D finance. Mr. Picht also conducted finance and market analytics at Syntex.

Lilis Energy, Inc. [DENVER] (OTCQB: LLEX) announced the appointment of Joseph C. Daches as its new Executive Vice President, Chief Financial Officer and Treasurer. Prior to joining Lilis Energy Inc., Mr. Daches held the position of CFO at Magnum Hunter Resources and was appointed Co-CEO by the new Board of Directors.

Viceroy Hotel Group [LOS ANGELES] has chosen Jeff Smith to fill the role of Chief Financial Officer. Since May 2014, Smith has served as Senior Vice President of Finance at VHG. Prior to joining VHG, he worked for Intercontinental Hotels Group, holding roles as Director of Finance and Director of FP&A for the Americas Region.

i2i Population Health [SANTA ROSA, CALIFORNIA] has named Cary McNamara as chief financial officer. He joins i2i from EDO Interactive. He served in the same capacity at Agilum Healthcare Intelligence. Prior to joining Agilum, Mr. McNamara was an associate at Court Square Capital. Before joining Court Square, he was at Goldman, Sachs & Co.

Image may be NSFW.
Clik here to view.

Cory Brown

American Integrity [TAMPA, Fla.] announced that Cory Brown has been selected as its Chief Financial Officer. Most recently, he served as Chief Financial Officer of Medmal Direct Insurance Company. Cory’s experience also includes his role as CFO at Total Captive Solutions. Additionally, Cory held positions with the Office of the Commissioner of Insurance in Georgia.

Image may be NSFW.
Clik here to view.

Michael Kraines

Trading Technologies International, Inc. [CHICAGO] announced that Michael Kraines has been appointed Chief Financial Officer. Prior to joining TT, Mr. Kraines spent 25 years as an investment banker. Mr. Kraines joins TT from Sandler O’Neill + Partners, as a Managing Director since 2004. Previously Mr. Kraines was a Managing Director in the Financial Institutions group with Wasserstein Perella & Co. since 1992, and prior to that he practiced as a venture capital attorney with Kirkland & Ellis LLP.

Image may be NSFW.
Clik here to view.

David Ladd

Art Van Furniture [WARREN, Mich.] announced that David Ladd has joined as Vice President—Chief Financial Officer (CFO). Ladd joins Art Van Furniture from an executive leadership position with Sears. He started as an auditor for K-Mart and progressed throughout the Sears organization with several divisional vice president – finance roles, including home services, automotive, supply chain and corporate.  Most recently, Ladd served as the vice president—finance, retail stores.

HCP [IRVINE, Calif.] (NYSE: HCP) announced that Peter Scott will join the company as Executive Vice President and CFO.  Mr. Scott succeeds Tom Herzog who was appointed Chief Executive Officer in January 2017. Mr. Scott joins HCP following a 15-year career in real estate investment banking.  He currently serves as a Managing Director in the Real Estate Banking group at Barclays. Mr. Scott also has held investment banking positions with Credit Suisse and Lehman Brothers.

Image may be NSFW.
Clik here to view.

Gillian Davies

Boku [SAN FRANCISCO] announced the appointment of Gillian Davies as Chief Financial Officer. Ms Davies joins Boku from Banner Managed Communication, part of Adare Group, where she served as interim Finance Director. Prior to this role, Ms Davies spent 11 years as Group Finance Director of London listed 4imprint Group plc.

Image may be NSFW.
Clik here to view.

Steven F. McAllister

Amendia, Inc. [MARIETTA, GA] announced the appointment of Steven F. McAllister as Executive Vice President and Chief Financial Officer. Steve began his career at Howmedica, Inc. where he served in various finance, IT, and business planning leadership roles at DePuy Spine, Biomet Spine and Bone Healing, and, most recently, InVivo Therapeutics Corporation. At InVivo Therapeutics, Steve served as Chief Financial Officer. Prior to that, Steve spent six years at Biomet as the Vice President of Finance and Administration for the Spine and Bone Healing Technologies division.

Business First Bancshares, Inc. [BATON ROUGE, La.] announced that Gregory Robertson has been named Chief Financial Officer of Business First Bancshares and Business First Bank. Mr. Robertson has been with Business First over 5 years and brings more than 20 years of diverse experience in commercial and retail banking, serving most recently as the bank’s chief banking officer.

StoneMor Partners L.P. [TREVOSE, Pa.] (NYSE: STON) announced that Sean P. McGrath resigned as Chief Financial Officer.

Black Box Corporation [PITTSBURGH] (NASDAQ: BBOX) announced that Anthony J. Massetti has informed the Company of his decision to resign as its Senior Vice President, Chief Financial Officer and Treasurer.

Minerals Technologies Inc. [NEW YORK] (NYSE: MTX) announced that it has elected Matthew E. Garth Senior Vice President, Finance and Treasury, and Chief Financial Officer. Mr. Garth will become an officer of the company and a member of the executive management committee. Mr. Garth joins Minerals Technologies from Arconic Inc. Over a 14-year period at Alcoa, Mr. Garth held various positions of increasing responsibility, including Chief Financial Officer. His most recent position at Arconic was Vice President, Financial Planning & Analysis and Investor Relations. In 2010 and 2011, Mr. Garth served as Vice President, Finance, and Chief Financial Officer for Alcoa’s North American Rolled Products business. From 2011 to 2013, he was Vice President, Finance, and Chief Financial Officer of Alcoa Global Packaging. Earlier in his career, he worked at Thomson Financial in New York.

Aurora Spine Corporation [CARLSBAD, CALIFORNIA]  (TSX VENTURE: ASG) announced the appointment of Sarina Mason as their Chief Financial Officer. She replaces Former CFO Eric Fronk, who has resigned from the Company. Prior to joining Aurora Spine, Ms. Mason was Director of Accounting & Finance at International Stem Cell Corp. Ms. Mason began her career with Ernst and Young.

Independence Health Group [PHILADELPHIA, PA] announced the appointment of Gregory E. Deavens as chief financial officer. Deavens succeeds Alan Krigstein who served as executive vice president, chief financial officer, and treasurer for IHG. Deavens was previously employed by MassMutual Financial Group from 2006 to 2016, where he most recently served as the company’s senior vice president and corporate controller. Prior to that, he served as senior vice president and chief financial officer for MassMutual’s U.S. Insurance Group. His earlier experience includes financial leadership roles with New York Life Insurance Company, CIGNA, GE Capital, and PriceWaterhouse. Deavens currently serves on the board of directors for Hartford Healthcare. He is also a board member for The Executive Leadership Council and The Amistad Center for Art & Culture.

MonoSol Rx [WARREN, N.J.] announced the appointment of John T. Maxwell as its Chief Financial Officer. Prior to joining MonoSol Rx, Mr. Maxwell served as Chief Financial Officer of WIL Research Company from 2008 until its sale to Charles River Laboratories in April 2016. From 2000-2006, he served as SVP-Finance & Administration at PanAmSat. Mr. Maxwell began his career at Ernst & Young where he spent two of his seven years in the National / New York technical accounting office.

CFO Moves – week ending February 3, 2017

CFO Moves this week include:

Abercrombie & Fitch Co. W. P. Carey Inc. Ingredion Incorporated
Asbury Automotive Group, Inc. Prosper Marketplace Think Finance, Inc.
ELAP Services LLC Brainshark, Inc DataStax
Abpro Zephyr Zenoss Inc.
PharMerica Corporation Liaison Technologies Brightmark Energy, LLC
Rimini Street, Inc. SafeGuard World International HBR Consulting LLC
TCP International Holdings Ltd. Natera Inc. FireEye, Inc.
CorMedix Inc. Fortune Brands Home & Security, Inc. Regis Corporation
NMI Holdings, Inc.

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Abercrombie & Fitch Co. [New Albany, Ohio] (NYSE: ANF) announced that Joanne Crevoiserat, Executive Vice President and Chief Financial Officer, has been promoted to Chief Operating Officer while continuing in her current roles. Ms. Crevoiserat has been Executive Vice President and Chief Financial Officer of Abercrombie & Fitch since May 2014 and a member of the Office of the Chairman since October 2015. 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.

Image may be NSFW.
Clik here to view.

ToniAnn Sanzone

W. P. Carey Inc. [NEW YORK] (NYSE: WPC) announced that ToniAnn Sanzone has been promoted to Chief Financial Officer. Ms. Sanzone has been serving as interim CFO of W. P. Carey Inc. since October of 2016, having served as Chief Accounting Officer since 2015. Ms. Sanzone joined W. P. Carey in April 2013 as Global Corporate Controller, prior to which she served as the Corporate Controller at iStar Financial Inc., where she held various senior accounting positions from 2006 to 2013.

Ingredion Incorporated [WESTCHESTER, Ill.] (NYSE: INGR) announced that Jack Fortnum, CFO and executive vice president, plans to retire on June 30, 2017 after 33 years with the company. Jim Gray, Ingredion vice president corporate finance, will be become executive vice president and CFO effective March 1, when Fortnum will move into a senior advisory role until his retirement. Gray joined Ingredion in 2014 as vice president finance North America. Prior to Ingredion, he spent 12 years at PepsiCo, Inc. in senior finance and strategy positions, including three years as Gatorade division CFO and vice president finance PepsiCo.

Asbury Automotive Group, Inc. [DULUTH, Ga.] (NYSE: ABG) announced that Keith Style provided notice of his intention to resign from the position of Senior Vice President and Chief Financial Officer of the Company. The Company also announced that William Stax, Corporate Controller and Chief Accounting Officer of the Company, was appointed interim Principal Financial Officer while the Company conducts a search for a new Chief Financial Officer.

Prosper Marketplace [SAN FRANCISCO] announced it has appointed Usama Ashraf as Chief Financial Officer. Ashraf has held senior leadership positions at prominent financial services companies, most recently as Deputy Chief Financial Officer and Treasurer at Annaly Capital Management and Corporate Treasurer at USAA. Prior to joining USAA, Ashraf spent 13 years in the Treasury and Corporate M&A departments of CIT Group, most recently serving as Deputy Treasurer. Previously, he worked in the Investment Banking Division of Salomon Smith Barney/Citigroup.

Think Finance, Inc. [ADDISON, Texas] announced the appointment of Barney Briggs as the company’s Chief Financial Officer. Briggs recently served as CFO for the International Global Consumer Technology Group at Citigroup. He has also held a number of other roles at Citigroup, including as Senior Vice President of the American Airlines AAdvantage co-branded cards business, CFO of Citi’s Travel & Business Strategic Unit, and Vice President of Citi’s Private Label Oil Planning & Control unit. Briggs has also worked as CFO for Barclays Bank Delaware, as well as for venture backed start-up companies.

Image may be NSFW.
Clik here to view.

J. Patrick Foley

ELAP Services LLC [WAYNE, Pa.] announced that it has appointed Mike Burnett as chief financial officer. Mr. Burnett previously served as chief financial officer for PDR.  He also was CFO of MediMedia USA. Mr. Burnett also held financial positions at IMS International in the United Kingdom.

Brainshark, Inc. [WALTHAM, Mass.] welcomed Dermot O’Grady as its new chief financial officer. O’Grady replaces former CFO Mike McEachern, a 16-year Brainshark veteran and founding member of the management team Prior to joining Brainshark. O’Grady previously served as CFO at Xkoto, and Convoq.

DataStax [SANTA CLARA, CA] announced the appointment of Robert O’Donovan as chief financial officer. He replaces former chief financial officer Dennis Wolf. O’Donovan joins DataStax from Pivotal, Inc. Prior to Pivotal, O’Donovan was vice president of sales productivity and enablement at Dell/EMC in Sydney, Australia. O’Donovan has held various positions at Dell/EMC in the Asia Pacific/Japan region including senior director of business operations and CFO, and was also CFO at Dell/EMC in the UK and Australia/New Zealand.

Abpro [WOBURN, Massachusetts] announced the appointment of Adam Mostafa as Chief Financial Officer. Mr. Mostafa was Managing Director in the Healthcare Investment Banking group at Cantor Fitzgerald. Prior to Cantor, Mr. Mostafa was with Needham & Company, CRT Capital Group and Citigroup as a member of their Healthcare Investment Banking groups. Mr. Mostafa spent a number of years at AQR Capital Management.

Zephyr [NEWARK, Calif.] welcomed Robb Ellis as the new chief financial officer. Ellis has spent over 20 years building and leading finance teams in global companies with significant complexity and operating scale.

Image may be NSFW.
Clik here to view.

Michael Lovell

Zenoss Inc. [AUSTIN, Texas] announced Michael Lovell as the company’s new chief financial officer. Lovell was previously CFO at Lifesize. Prior to serving as CFO of Lifesize, Lovell was vice president of finance at Surgient. He also served as CFO and vice president of operations of NewportWorks. Prior to that, he was CFO of Grassroots Enterprise.

PharMerica Corporation [LOUISVILLE, Ky.] (NYSE: PMC) announced the appointment of Robert E. Dries as Executive Vice President and Chief Financial Officer. From 1996 to 2016, Mr. Dries held several senior positions at Omnicare Inc., most recently serving as Senior Vice President, Financial Operations from 2012 to 2016. Mr. Dries began his career at KPMG.

Liaison Technologies [ATLANTA] announced that Joost Rutten has joined the team as chief financial officer. Rutten was previously the CFO at SAP SuccessFactors. Before taking the helm at SAP SuccessFactors, Rutten spent several years at SAP Ariba in both international and domestic roles. In 2014, he was named global Head of Finance and Division CFO at SAP SuccessFactors. Prior to his work at SAP, Rutten co-founded an independent corporate and capital advisory firm. Before that, he spent two years with AlpInvest Partners, and nearly three years with the Amsterdam-based ABN AMRO Bank NV.

Brightmark Energy, LLC [SAN FRANCISCO] announced the addition of Scott Healy as Senior Vice President and Chief Financial officer. Previously he has had senior level management responsibility for building renewable energy businesses.

Image may be NSFW.
Clik here to view.

Thomas Sabol

Rimini Street, Inc. [LAS VEGAS] announced the appointment of Thomas Sabol as senior vice president and chief financial officer (CFO). Sabol replaces the Company’s previous CFO, Doug Zorn, who retired at the end of 2016. Prior to his most recent work as a management consultant providing M&A, CFO support and strategic planning assistance to several companies, Sabol served as CFO for Comverse, Inc., now Xura, Inc. He was also responsible for information security, supply chain management and procurement, and supported the successful sale of Comverse’s billing business to Amdocs Limited in July 2015. Prior to Comverse, Sabol was the CFO of Hypercom Corporation. Sabol also served as CFO and COO of Plexus Corp. Earlier in his career, Sabol served as vice president and general auditor for Kemper Corporation, and began his career with Coopers & Lybrand.

SafeGuard World International [AUSTIN, Texas] announced the addition of Ryan Schooler as Chief Financial Officer (CFO). He replaces former CFO Tony Lloyd. Mr. Schooler most recently served as CFO of Fox Service Company. Previously he held senior executive positions, including CFO of Alchemy Systems, Austin Capital Management, and Jardine Foods.

HBR Consulting LLC [CHICAGO] announced that Kathryn (Kathy) Carr has joined the company as Chief Financial Officer. Carr brings more than 20 years of financial strategy experience to HBR, including 18 years at Baker McKenzie, an international law firm. At Baker McKenzie, Carr served as a key strategic partner. Most recently, Carr served as senior vice president and finance director at Golin.

TCP International Holdings Ltd. [AURORA, Ohio] (OTC: TCPIF) announced Zachary Guzy as Chief Financial Officer. He has been serving as Interim Chief Financial Officer for the Company since October 3, 2016. Guzy was Global Corporate Controller for the Company from June 2012 until his appointment as Interim CFO in October 2016.

Natera Inc. [SAN CARLOS, Calif.] (NASDAQ: NTRA) announced the appointment of Mike Brophy as Natera’s new chief financial officer. Mr. Brophy replaces Herman (“Herm”) Rosenman, who joined the Company’s board of directors following his three-year tenure as Natera’s current CFO, a position he held since January 2014. Mr. Brophy has served as Natera’s senior vice president of Finance and Investor Relations since September 2016, and served as the Company’s vice president of Corporate Development and Investor Relations since September 2015. Prior to joining Natera, he served as an executive director and as a vice president in the investment banking division of Morgan Stanley.

FireEye, Inc. [MILPITAS, CA] (NASDAQ: FEYE) announced that Mike Berry, FireEye chief financial officer since 2015, is leaving FireEye to pursue another opportunity, and Frank Verdecanna, FireEye senior vice president of finance and chief accounting officer, has been appointed executive vice president and chief financial officer. Prior to joining FireEye in 2012 as the company’s vice president of finance, Verdecanna served as chief financial officer of Apptera, and iPass. Verdecanna began his career as a CPA in public accounting with Coopers and Lybrand.

CorMedix Inc. [BEDMINSTER, NJ] (NYSE MKT: CRMD) announced that Robert W. Cook was appointed Chief Financial Officer. Mr. Cook most recently served as Chief Financial Officer of Bioblast Pharma Ltd. His prior pharma experience includes appointments at Strata Skin Sciences, as well as Immune Pharmaceuticals and its predecessor EpiCept Corporation, including one year as Interim President and CEO of EpiCept. Previously, he served as CFO of Pharmos Corporation. Mr. Cook began his career in financial services at Chase Manhattan and he also held a position as a Vice President in the Healthcare Group at General Electric Capital Commercial Finance.

Fortune Brands Home & Security, Inc. [DEERFIELD, Ill.] (NYSE: FBHS) announced that chief financial officer Lee Wyatt has elected to retire at the end of 2017 when he turns 65. Consistent with the Company’s succession planning process, Patrick Hallinan will succeed Wyatt when he steps down at year end. Hallinan recently accepted the position of senior vice president of finance at Fortune Brands to begin the transition. For the past three years, he served as chief financial officer of the plumbing segment. He previously served as vice president of finance at Beam Inc. and as vice president of finance at MasterBrand Cabinets for three years. Hallinan began his career as a consultant at Booz Allen Hamilton.

Regis Corporation [Minneapolis, MN] The Board of Directors of Regis Corporation appointed Michael C. Pomeroy as Interim Chief Financial Officer and principal financial officer. Mr. Pomeroy serves as a Senior Director with Huron Consulting Services LLC. Mr. Pomeroy began his career at GE. He progressed from the Corporate Audit Staff through several finance leadership roles. His last assignment with GE before leaving for Kodak was as the Chief Financial Officer of GE Aircraft Engine Europe. During his tenure at Kodak, Mr. Pomeroy held Chief Financial Officer roles for four out of the five of the company’s multi-billion dollar divisions. Mr. Pomeroy’s final role with Kodak was co-leading the carve-out of the Medical X-ray business into a stand-alone privately held entity, becoming Chief Financial Officer and a Board Director. Mr. Pomeroy then went on to other private equity Chief Financial Officer and advisory roles, including serving as Chief Financial Officer of Palladium Energy, from 2012-2013 and Advisor, the Carlyle Group, a multinational private equity firm, from 2014-2015. He joined Huron in June 2015. Mr. Pomeroy’s Finance leadership experiences included the following industries: Industrial/Manufacturing, Transportation, Aviation, Energy, Healthcare, Consumer Retail, Distribution, and more.

NMI Holdings, Inc. [EMERYVILLE, CA] (NASDAQ: NMIH) announced that Glenn Farrell, executive vice president and chief financial officer, plans to retire on July 31, 2017. Adam Pollitzer, formerly of J.P Morgan Securities LLC, has been named to succeed Mr. Farrell as the company’s next executive vice president and chief financial officer effective May 2, 2017. Adam Pollitzer was most recently a managing director in J.P. Morgan’s Corporate and Investment Banking division. He served in multiple leadership positions during his 15-year tenure at J.P. Morgan.

CFO Moves – week ending February 10, 2017

CFO Moves this week include:

Perry Ellis International, Inc. Zscaler TBWA\WorldHealth
BankMobile Rocky Brands, Inc. DATIS HR Cloud, Inc.
Hunt Consolidated, Inc. WePay Nobilis Health Corp.
Old Second Bancorp, Inc. Emerus Holdings Inc. Aspect Software
AvidXchange Surface Oncology Fazoli’s
Zeta Global Glaukos Corporation Patch of Land
Arrow Financial Corporation Syndax Pharmaceuticals, Inc. EyeGate Pharmaceuticals, Inc.
Integral Technologies, Inc. Horace Mann Educators Corporation Pieris Pharmaceuticals, Inc.
Tandy Leather Factory, Inc.

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Perry Ellis International, Inc. [MIAMI] (NASDAQ: PERY) announced the appointment of David Rattner as Chief Financial Officer. David brings over 20 years of financial experience from Elizabeth Arden, most recently serving as VP Finance and Corporate Controller. CFO Anita Britt announced her retirement from the company effective March 31, 2017.

Zscaler [SAN JOSE, CA] announced the appointment of Remo Canessa to the position of Chief Financial Officer. Canessa’s 30-year career includes 11 years as CFO at Infoblox, and three years as CFO at NetScreen Technologies. He currently sits on the Board of Aerohive.

TBWA\WorldHealth [NEW YORK] announced the appointment of Brian Carr to the position of Chief Financial Officer. Most recently, Carr served as Chief Financial Officer for TBWA\Chiat\Day, New York. Carr first joined TBWA in 2004 as Associate Director of Finance, and in 2010, he was promoted to the position of Latin American Controller/Chief Financial Officer of TBWA Latin America. Prior to joining TBWA, Carr earned financial leadership roles at Time Warner, KPMG LLP, and Arthur Andersen LLP.

Image may be NSFW.
Clik here to view.

Warren Taylor

BankMobile [NEW YORK], a division of Customers Bank, named Warren Taylor as Chief Financial Officer. He will also retain his current positions of President of Customer Engagement, Chief of Staff and Head of Banking. He was previously President of the BankMobile Division of Customers Bank, Director of Consumer Lending, and EVP/President of Community Banking at Customers Bank. Prior to joining Customers Bank, he spent 20 years at Sovereign Bank, and acted as the Division President. Before Sovereign, Taylor was CEO of the first bank to sell to Sovereign. 

Rocky Brands, Inc. [NELSONVILLE, Ohio] (NASDAQ: RCKY) announced that Mike Staude, who was appointed interim Chief Financial Officer on January 12, 2017, is leaving the Company effective February 17, 2017 to pursue other interests.

DATIS HR Cloud, Inc. [TAMPA, FL] announced the hire of Karen Gittens as the new Chief Financial Officer. Gittens previously held the title of CFO at CareSync. Prior to joining CareSync, Gittens held positions at Deloitte & Touche as a Public Accountant, CCS Medical as a Corporate Controller, and Pristine, LLC. as the CFO.

Hunt Consolidated, Inc. [DALLAS] announced that after 34 years of service to the company, Don Robillard is retiring as chief financial officer of the Hunt organization. Jamie Beggs will succeed Robillard as senior vice president and chief financial officer of Hunt Consolidated, Inc. Although Robillard is retiring, he will remain with the organization as CEO and chairman of ES Xplore, LLC. Previously, Beggs worked for Celanese Corporation where she held a number of finance and business related positions over the last 10 years, including vice president and treasurer and chief financial officer of their Materials Solutions division. After graduation, she was hired by PricewaterhouseCoopers where she became a certified public accountant and served primarily oil and gas audit clients. Subsequently, she relocated to Dallas to work for the Public Company Accounting Oversight Board before joining Celanese.

WePay [REDWOOD CITY, CA] announced the appointment of Mark H. Resnick as Chief Financial Officer. Most recently, he served as CFO and COO of Vindicia thru its acquisition by Amdocs. Previously, he served in C-level roles at Transera and Coremetrics, the latter which was acquired by IBM.

Nobilis Health Corp. [HOUSTON] (NYSE MKT: HLTH) announced the appointment of David Young as its Chief Financial Officer.  Most recently, Mr. Young served as Senior Vice President/Division CFO of St. Jude Medical Inc.’s Americas Division.  Prior to St. Jude, Mr. Young served as Vice President of Finance at Thermo Fisher Scientific.  Prior to his role at Thermo Fisher Scientific, Mr. Young was Vice President of Finance at Cardinal Health. Mr. Young will succeed Kenny Klein, who will remain at Nobilis in a finance leadership role focusing on the company’s Hospital Division.

Old Second Bancorp, Inc. [AURORA, Ill.] (NASDAQ: OSBC), parent company of Old Second National Bank, announced that J. Douglas Cheatham, Executive Vice President, Chief Financial Officer and a member of the Board of Directors, will retire from the Company and the Board, effective March 15, 2017.

Emerus Holdings Inc. [HOUSTON] announced that George Attmore has been named chief financial officer. He most recently served as CFO at CareSpot Express Healthcare. Previously, he served as senior financial officer at DSI Renal Inc. Prior to that position, Attmore worked at Archon as leader for the healthcare middle market lending and investing platform. He has also held senior-level positions as a healthcare leader with GE Capital Corp. and as an accountant with Ernst & Young LLP.

Image may be NSFW.
Clik here to view.

Gregg Clevenger

Aspect Software [PHOENIX] announced that Gregg Clevenger has joined the company as its Executive Vice President and Chief Financial Officer. Clevenger comes to Aspect most recently from NanoSteel. Prior to NanoSteel he was CFO of GXS Corporation. Clevenger has more than 25 years of international finance experience having served as CFO and board director of both privately held and public companies across multiple industries including telecom and technology services, cleantech, and life and materials sciences. Prior to his career as CFO, Clevenger was an investment banker at Goldman Sachs, Morgan Stanley and Argent Group in New York, Hong Kong and Singapore.

AvidXchange [CHARLOTTE, N.C.] announced the addition of Joel Wilhite as Chief Financial Officer (CFO). Most recently, Joel was the CFO at Quantros. Prior to Quantros, Joel was the Senior Vice President of Finance for BenefitFocus, and the CFO for the International division of Blackbaud. He began his career as an auditor at KPMG.

Surface Oncology [CAMBRIDGE, Mass.] announced the appointment of Jeff Goater as its Chief Business Officer. He joins Surface from Voyager Therapeutics, where he was Chief Financial Officer. Prior to Voyager, he spent nearly a decade on Wall Street, most recently as a Managing Director at Evercore Partners. In addition, he brings several years of biotechnology business development leadership experience.

Fazoli’s [LEXINGTON, Ky.] announced the appointment of David Hasler as chief financial officer. Hasler spent the past 10 years in finance roles with Wal-Mart, most recently as senior director of global treasury. Prior to his 10 years at Wal-Mart, Hasler served in similar roles at The Body Shop International plc, Limited Brands and Procter & Gamble.

Zeta Global [NEW YORK]  announced the appointment of Jarrod Yahes as the company’s new Chief Financial Officer. Mr. Yahes is a former senior finance executive at EXL Service Holdings, and previously served as the CFO of Jackson Hewitt,

Glaukos Corporation [SAN CLEMENTE, Calif.] (NYSE: GKOS) announced that Joseph E. Gilliam will join the company as Chief Financial Officer and Senior Vice President, Corporate Development in May 2017. Mr. Gilliam will replace the company’s current Chief Financial Officer Richard Harrison, who is retiring later in 2017. Mr. Gilliam joins Glaukos from J.P. Morgan, where he was Managing Director in the Healthcare Investment Banking Group and focused on the life sciences industry, including the medical technology, diagnostics and biotechnology sectors. Since 2000, Mr. Gilliam has held various positions of increasing responsibility at J.P. Morgan, Chase Manhattan and The Beacon Group, prior to these firms being combined in 2001.

Patch of Land [LOS ANGELES] hired Min Lee as CFO. Lee joins from Credit Suisse, where he was a director in the Real Estate, Gaming and Lodging team.

Arrow Financial Corporation [GLENS FALLS, N.Y.] (NasdaqGS: AROW) announced that Terry R. Goodemote has indicated his intention to retire from the Company. Goodemote joined the Company in 1992 and has served as Executive Vice President and Chief Financial Officer of Arrow and as Senior Executive Vice President and Chief Financial Officer of Arrow’s lead subsidiary, Glens Falls National Bank and Trust Company.

Syndax Pharmaceuticals, Inc. [WALTHAM, Mass.] announced that Richard P. Shea is stepping down from his position on the Syndax Board of Directors and is joining the Company as Chief Financial Officer. Mr. Shea has more than 30 years of experience in a range of financial and advisory roles in the biotechnology industry, most recently serving as Senior Vice President and Chief Financial Officer of Momenta Pharmaceuticals, Inc. as well as the chair of the Audit Committee of Syndax’s Board of Directors. Before being named Senior Vice President and Chief Financial Officer of Momenta in July 2007, Mr. Shea served as its Vice President and Chief Financial Officer since October 2003. Prior to joining Momenta, he served as Chief Operating Officer and Chief Financial Officer of Variagenics Inc., that was merged with Hyseq Pharmaceuticals Inc., and as Vice President, Finance of Genetics Institute, Inc., which was acquired by Wyeth Pharmaceuticals, Inc., which was then acquired by Pfizer, Inc. Allan L. Shaw, Chief Financial Officer, is leaving the Company to pursue other opportunities.

EyeGate Pharmaceuticals, Inc. [WALTHAM, Mass.] (NASDAQ: EYEG) announced the promotion of Sarah Romano, Corporate Controller, who has been named Interim Chief Financial Officer. Sarah Romano joined EyeGate Pharmaceuticals as Corporate Controller in 2016. Prior to joining EyeGate, Ms. Romano served as Assistant Controller at TechTarget and Corporate Controller at Bowdoin Group. Previously, she held financial reporting positions of increasing responsibility at SoundBite Communications until its acquisition by Genesys in 2013, and was a Senior Financial Reporting Analyst at Cognex Corporation. Ms. Romano began her career as an Auditor in the Boston office of PricewaterhouseCoopers.

Integral Technologies, Inc. [EVANSVILLE, Ind.] (OTC: ITKG) announced the appointment of Eli Dusenbury as Chief Financial Officer (“CFO”).  Mr. Dusenbury is succeeding W. Bartlett Snell who resigned from the company at the end of his agreement.  Mr. Dusenbury is currently the Controller for the Company.

Horace Mann Educators Corporation [SPRINGFIELD, IL] (NYSE: HMN) announced that its Executive Vice President and Chief Financial Officer, Dwayne D. Hallman, passed away following brief hospitalization. On Jan. 30, 2017, Horace Mann announced Mr. Hallman was on medical leave following a severe medical incident, and they named Bret A. Conklin acting Chief Financial Officer.

Pieris Pharmaceuticals, Inc. [BOSTON, MA] (NASDAQ: PIRS) announced that Darlene Deptula-Hicks has submitted her resignation to pursue other interests. While the Company conducts an executive search for a permanent successor, Lance Thibault of Danforth Advisors, is assuming the role of Acting Chief Financial Officer.

Tandy Leather Factory, Inc. [ FORT WORTH, Texas] (NASDAQ: TLF) announced that Tina L. Castillo has been promoted to Chief Financial Officer and Treasurer of the Company. Ms. Castillo replaces Shannon L. Greene who had been serving as the Company’s Chief Financial Officer and Treasurer since her appointment to those positions in May 2000.  Since February 2016, Ms. Greene has also been serving as the Company’s Chief Executive Officer.  Ms. Greene will continue in her role as the Company’s Chief Executive Officer. Ms. Castillo has served as TLF’s Controller since February 2016.  Prior to joining TLF, Ms. Castillo has served in various senior financial leadership roles since 2009, including as Chief Financial Officer at another publicly traded company based in Fort Worth.  Ms. Castillo began her career in 1994 in the audit practice group at Ernst & Young LLP.

CFO Moves – week ending February 17, 2017

CFO Moves this week include:

Hallmark Cards, Inc. Vera Bradley, Inc. Cognex Corporation
Freeman QuickLogic Corporation Wood Partners
Carlisle Companies Incorporated Persado Hawaiian Electric Industries, Inc.
Xignite Nephros, Inc. The JBG Companies
Vornado Realty Trust STX Entertainment Terex Corporation
Fasten Exeter Finance Corp BitSight
Synchronoss Technologies, Inc. Adgero Biopharmaceuticals Holdings, Inc. NeuLion, Inc.
Frank’s International N.V. Identiv, Inc. TPC Group

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Image may be NSFW.
Clik here to view.

Sharon McCollam

Hallmark Cards, Inc. [KANSAS CITY] announced that Sharon L. McCollam, former executive vice president and chief administrative and chief financial officer of Best Buy Co., Inc., and former executive vice president and chief operating and chief financial officer of Williams-Sonoma Inc., has been elected to the board of directors. McCollam today serves as a member of the board of directors of Art.com and Sutter Health.

Vera Bradley, Inc. [Roanoke, Indiana] announced that Kevin Sierks, Executive Vice President and Chief Financial Officer of Vera Bradley, will be leaving the Company. John Enwright, Vice President of Financial Planning and Analysis, will assume the position of Interim Chief Financial Officer.  Enwright joined the Company in 2014 and held various financial positions of increasing responsibility at Tiffany & Co. for the fifteen years prior to joining Vera Bradley.

Cognex Corporation [NATICK, Mass.] (NASDAQ: CGNX) has announced the retirement of Richard A. Morin, Executive Vice President of Finance and Administration and Chief Financial Officer, after 18 years with the company. John J. Curran, Cognex’s Senior Vice President of Finance, will succeed Mr. Morin as CFO. Mr. Morin will continue with the company as Secretary of Cognex’s Board of Directors. Mr. Curran joined Cognex in September 2016 after a 21-year career at EMC Corporation, where he most recently served as Senior Vice President of Finance and Corporate Controller. Prior to that, he was Interim CFO for Pivotal, Inc.

Freeman [DALLAS] announced that Phil Rehkemper has been named executive vice president and chief financial officer of the company. Prior to joining Freeman, Rehkemper was chief financial officer for Sensity Systems. Previously, Rehkemper served as the CFO for API Technologies Corp. and was on the management team for International Rectifier as its vice president of finance, was CFO and vice president of finance at Alliance Fiber Optic Products, and was the corporate controller at Calient Networks. Rehkemper also provided financial leadership for Hewlett Packard.

QuickLogic Corporation [SUNNYVALE, CA] (NASDAQ: QUIK) has promoted Sue Cheung to chief financial officer in addition to vice president of finance. Sue Cheung joined QuickLogic in 2007, and has assumed increasing responsibility for the financial management of the company. Most recently, Dr. Cheung was promoted to Vice President of Finance and Chief Accounting Officer in August 2016 after having served as Principal Accounting Officer since May 2015. Prior to joining QuickLogic, Dr. Cheung was a Senior Manager of SEC Reporting and Technical Accounting at Dell SonicWALL from 2006 to 2007 and was the Senior Accounting Manager at VeriFone System, Inc. from 2005 to 2006. Prior to 2005, Dr. Cheung held various senior accounting and financial management roles in both publicly traded and privately held companies. Dr. Cheung began her career with PricewaterhouseCoopers (PWC) where she served as an auditor and as a tax consultant.

Wood Partners [ATLANTA] announced that Matt Trammell has been named its new Chief Financial Officer. Trammell has worked for Wood Partners for over eight years, where he most recently served as Senior Vice President of Finance and Asset Management.

Carlisle Companies Incorporated [SCOTTSDALE, Ariz.] (NYSE: CSL) announced the appointment of Robert M. Roche as Vice President and Chief Financial Officer. He replaces Steven J. Ford, who will continue to serve as Vice President, Secretary and General Counsel of the Company and retain responsibility for managing the Company’s investor relations. Mr. Roche joins Carlisle from Johnson Controls plc where he most recently served as JCI/Tyco Merger Integration Lead. Mr. Roche joined Tyco in 2003 and has held several senior operating and finance positions including Senior Vice President of Finance, Senior Vice President and Chief Operating Officer and Senior Vice President, Corporate Audit Services.

Persado [NEW YORK, NY] announced the appointment of Grigoris Kouteris as Chief Financial Officer. Mr. Kouteris was most recently at Upstream, as Upstream’s Managing Director since 2012. Other positions he held at Upstream, which he joined in 2006, included business development, global account management, and commercial operations. Before that at strategy consulting firm Mars & Co. He was also senior consultant at the European Tech Labs of Accenture.

Hawaiian Electric Industries, Inc. [HONOLULU] (NYSE: HE) announced that James A. Ajello, HEI’s Executive Vice President and Chief Financial Officer (CFO), will retire.  HEI has named Gregory C. Hazelton, HEI’s Senior Vice President, Finance, as his successor. Ajello will join the board of directors of HEI subsidiary American Savings Bank, F.S.B. (American). Hazelton, has over 25 years’ experience in the power and utility sector commencing with an eight-year career at Portland General Electric as a CPA in a variety of financial roles. Hazelton spent more than 12 years at leading global investment banking firms, including as Managing Director in the Global Power & Utilities Group of UBS Investment Bank. Prior to returning to HEI in October 2016, Hazelton served as Senior Vice President, CFO and Treasurer for Northwest Natural Gas Company.

Xignite [SAN MATEO, Calif.] announced that former Microsoft executive Mark Rowe has joined the company as its Chief Financial Officer (CFO). Prior to joining Xignite, Rowe was Interim CFO and Vice President, Finance and Operations at 3D Robotics. Previously Rowe spent over ten years at Microsoft in various senior finance leadership roles. Most recently he was Senior Director, Finance Business Intelligence. Prior to Microsoft, Rowe was CFO at Myrio Corporation, and Corporate Controller at Amazon.com.

Nephros, Inc. [RIVER EDGE, NJ] (OTCQB: NEPH) announced that it had hired Andrew Astor as Chief Financial Officer. Mr. Astor was most recently President and Chief Financial Officer at Open Source Consulting Group. Previously, he was a Managing Director at Synechron, from 2013 to 2015. From 2009 to 2013, he served as Vice President at Asurion. Mr. Astor was co-founder of the software company EnterpriseDB, and served as its CEO from 2004 to 2008. Mr. Astor was Vice President, Strategic Solutions at webMethods, from 2002 to 2004. Mr. Astor was Vice President of Transactional Products at Dun & Bradstreet from 1998 to 2001. Prior to 1998, Mr. Astor held various roles at American Management Systems, SHL/MCI Systemhouse, and Ernst & Young.

JBG Companies [CHEVY CHASE, Md.] announced that Stephen W. Theriot will serve as Chief Financial Officer of JBG SMITH Properties. Mr. Theriot has served as Chief Financial Officer of Vornado Realty Trust since 2013. Prior to joining Vornado, Mr. Theriot had been a partner of Deloitte & Touche LLP, most recently serving as the Managing Partner of Deloitte’s Northeast real estate practice. He joined Deloitte in 1986 and for many years was Vornado’s lead outside auditor.

Vornado Realty Trust [New York, New York] announced that Joseph Macnow, Vornado’s Executive Vice President – Finance and Chief Administrative Officer and its long-time Chief Financial Officer prior to 2013, will become Chief Financial Officer on an interim basis, following the departure of Stephen W. Theriot, Vornado’s Chief Financial Officer since 2013.

STX Entertainment [BURBANK, Calif.] announced the appointment of Andrew Warren as Chief Financial Officer. Warren comes to STX from Discovery Communications where he served as Senior Executive Vice President and Chief Financial Officer. Previously, he was CFO of Liz Clairborne, Inc. and held senior executive positions at General Electric,  and he led all finance activities at the NBC Network, Studios, CNBC, MSNBC, USA, SciFi and Bravo. Warren began his career in the Financial Management Program at GE.

Terex Corporation [WESTPORT, Conn.] (NYSE: TEX) announced that John D. Sheehan will succeed Kevin Bradley as Senior Vice President and Chief Financial Officer. Mr. Sheehan most recently served as Executive Vice President and Chief Financial Officer of Mylan, Inc., from 2010 through April 1, 2016. Prior to joining Mylan, Mr. Sheehan worked in a variety of financial positions at Delphi Corporation. During his last two years at Delphi he served as Chief Financial Officer. Additionally, Mr. Sheehan’s experience includes 20 years with KPMG LLP where he was an Audit Engagement Partner.

 

Fasten [BOSTON, MA] announced the addition of David Piperno as Chief Financial Officer. Piperno spent the past three years as vice president of strategy and finance at Zipcar. He joined Zipcar from its parent company Avis Budget Group where he served as vice president and corporate controller. Prior to Avis Budget, he spent more than a decade in senior positions at AIG and Deloitte in finance, risk management and mergers and acquisitions.

Exeter Finance Corp. [IRVING, Texas] announced the appointment of company veteran Brad Nall to Chief Financial Officer. Nall joined Exeter Finance Corp. in July 2012 and has over 25 years of experience in the consumer finance industry. Prior to Exeter, he spent 12 years at Citi’s auto finance and personal loan businesses in various finance roles.

BitSight [CAMBRIDGE, Mass.] announced that Brian Cohen joins BitSight as the company’s first Chief Financial Officer. Prior to joining BitSight, Cohen served as CFO of DigitalOcean.

Synchronoss Technologies, Inc. [Bridgewater, New Jersey] announced that Karen L. Rosenberger was resigning as the Company’s Executive Vice President, Chief Financial Officer and Treasurer. The Company has initiated an external search for a full time successor as Chief Financial Officer.

Adgero Biopharmaceuticals Holdings, Inc. [PRINCETON, NJ] announced that it has appointed Jane M. Maida as Chief Financial Officer and Vice President of Finance. Ms. Maida joins the Adgero team from her most recent role as Chief Financial Officer of Signum Biosciences, Inc. While at Signum Biosciences, Inc., she also served as the CFO for its subsidiaries, Signum Dermalogix, Inc. and Signum Nutralogix, Inc. Prior to that, Ms. Maida served as the CFO of Abeille Pharmaceuticals, Inc. Ms. Maida also served as CFO and Chief Accounting Officer at Physiome Sciences, Inc. Prior to that, she served as Vice President of Finance and Chief Accounting Officer of Cytogen Corporation. Other positions Ms. Maida has held include Chief Financial and Information Officer at Mustard Seed, and Director of Finance at The Liposome Company, Inc.

NeuLion, Inc. [PLAINVIEW, NY] (TSX: NLN) announced that Tim Alavathil is taking on the role of Chief Financial Officer, replacing Trevor Renfield, who resigned from the position. Mr. Alavathil previously held the position of Chief Accounting Officer since June 2016 and prior to that was Senior Vice President, Finance of the Company since November 2014. Mr. Alavathil also held the position Director, Financial Reporting and Accounting from September 2005 to October 2014.

Frank’s International N.V. [HOUSTON] (NYSE: FI) announced that Jeffrey Bird, Frank’s Executive Vice President and Chief Financial Officer will leave the Company.  The Company’s Board of Supervisory Directors has named Kyle McClure, the Company’s Senior Vice President of Finance and Treasurer, as Interim Chief Financial Officer.

Identiv Inc. [FREMONT, Calif.] (NASDAQ: INVE) announced that Sandra Wallach has been appointed Chief Financial Officer. Sandra Wallach follows Steven Finney, who has been serving as Interim CFO since November 2015. Prior to joining Identiv, Ms. Wallach was the VP Finance for MiaSole, as well as CFO for subsidiary Global Solar. Prior to that, she served as CFO of San Francisco-based UBM Tech, a subsidiary of UBM LLC, and VP Finance at Juniper Networks (from 2008 – 2011) as well as holding different financial management positions with Intuit (2003 – 2007). Before joining Intuit, Ms. Wallach served as CFO of General Electric’s (GE) Industrial Systems, Drives & Controls division. Previously, she held a range of financial and management positions since joining GE in 1986.

Image may be NSFW.
Clik here to view.

Bart de Jong

TPC Group [HOUSTON] announced the appointment of Bart de Jong as Senior Vice President and Chief Financial Officer (CFO) of the Company. Mr. de Jong has been working with the Company for the past 10 months on a consulting basis. Mr. de Jong began his career in auditing with KPMG, then held various accounting and internal audit positions at ExxonMobil. He spent the majority of his career with LyondellBasell and predecessor companies, with a wide range of experiences and responsibilities in strategic planning, finance, corporate development and human resources. During his time at LyondellBasell, Mr. de Jong served as President of a number of divisions, including inorganic chemicals and fuels, as well as leading LyondellBasell’s Americas businesses and operations. Early in his career, he also served as CFO of a startup technology company.

CFO Moves – week ending February 24, 2017

CFO Moves this week include:

Tesla JetBlue Marathon Oil Corporation
Wynn Resorts Cigna Corporation Flowserve Corporation
News Corp Questionmark Rubicon Project
BorrowersFirst Massage Envy Community Health Systems, Inc.
meQuilibrium QTS Realty Trust RAIT Financial Trust
Genesys Manitowoc Foodservice, Inc. PebblePost
Community West Bancshares Navient Global Eagle Entertainment Inc.
Endocyte, Inc. LifeVantage Corporation  Appirio

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Tesla [Palo Alto, California] announced that CFO Jason Wheeler has decided to leave the company in April to pursue opportunities in public policy. Jason will be replaced by Deepak Ahuja, who was Tesla’s first CFO and worked for the company for more than seven years before stepping away in 2015. Deepak will formally take over as CFO in early March, with Jason remaining at Tesla through early April to ensure a smooth transition.

JetBlue [NEW YORK] (NASDAQ: JBLU) announced that it has promoted Steve Priest to executive vice president and chief financial officer. Priest joined JetBlue in 2015 and in his most recent role was responsible for JetBlue’s strategic sourcing efforts and for fleet and engine strategy. Prior to JetBlue, Priest held positions of increasing responsibility at British Airways from 1996 to 2015. Most recently, he served as senior vice president, North Atlantic joint business. He served as regional vice president, controller for Western Europe, Latin America, and Caribbean and as chief financial officer for BA Ground Handling Services. Priest will succeed Jim Leddy, who served as interim chief financial officer since November.

Marathon Oil Corporation [HOUSTON] (NYSE: MRO) announced that Dane Whitehead has been appointed executive vice president and chief financial officer, with an anticipated effective date of March 6. Whitehead most recently served as executive vice president and CFO of both EP Energy Corp. and EP Energy LLC since May 2012. He was senior vice president of Strategy and Enterprise Business Development and a member of El Paso Corporation’s executive committee from 2009 to 2012. He joined El Paso Exploration & Production Company as senior vice president and CFO in 2006. Prior to that, Whitehead was vice president, controller and chief accounting officer of Burlington Resources Inc., and formerly senior vice president and CFO of Burlington Resources Canada. On the effective date of Whitehead’s appointment, Patrick J. Wagner, interim chief financial officer, will return to his leadership role as senior vice president – Corporate Development and Strategy.

Wynn Resorts [LAS VEGAS] announced the appointment of Craig S. Billings to the executive team as Chief Financial Officer. He has held leadership positions at Aristocrat Leisure Limited, including Chief Digital Officer and Managing Director of Strategy and Business Development, and at International Game Technology. Mr. Billings was also an executive in the Investment Banking Division of Goldman Sachs and he began his career in the audit practice of Deloitte & Touche. He will replace Stephen Cootey, who will be departing the company to pursue other interests.

Cigna Corporation [BLOOMFIELD, Conn.] (NYSE: CI) announced that Eric Palmer, who becomes Deputy Chief Financial Officer, will join the ELT as Cigna’s CFO this summer upon the retirement of current CFO Tom McCarthy. Eric currently serves as Chief Financial Officer for Cigna’s global health, Cigna-HealthSpring, employer-based health care, group and supplemental insurance businesses. Previously, he was the Business Financial Officer for U.S. health care and U.S. commercial markets. Eric has been with Cigna for 20 years.

Flowserve Corporation [DALLAS] (NYSE: FLS) announced that John E. (Jay) Roueche III, Flowserve’s vice president, investor relations and treasurer, assumes the role of interim chief financial officer. Mr. Roueche’s appointment follows Karyn Ovelmen’s departure from the company as executive vice president and chief financial officer. Jay Roueche has served as vice president, investor relations and treasurer, since October 2012. He previously served as vice president, investor relations and treasurer, of McDermott International, Inc. from August 2010 until October 2012. From April 2006 to August 2012, he served as vice president, investor relations and corporate communications of McDermott International, Inc. In the preceding years, he served in progressive accounting and finance roles, including with Pennzoil-Quaker State Company, Pennzoil Company and Shell Oil Company.

News Corp [NEW YORK] (NASDAQ: NWS) announced that Bedi A. Singh will be departing as Chief Financial Officer effective March 1st. Susan Panuccio, currently Chief Financial Officer of News Corp Australia, will become the new CFO of the company. Following his departure, Mr. Singh intends to pursue new opportunities; however he has agreed to serve as a senior advisor to News Corp on its digital property interests in India, reporting to Mr. Robert Thomson, Chief Executive, and will also join the advisory board of Move, Inc., which operates realtor.com®. Susan Panuccio has been CFO for News Corp Australia since September, 2013. She previously served at News International in several positions, including CFO. She began her career as a Senior Accountant at KPMG Australia.

Questionmark [TRUMBULL, Conn.] hired Mike Aspinall as Chief Financial Officer (CFO). Mike is a seasoned executive with extensive experience overseeing finance for growth organizations, most recently serving as Group Finance Director at Parity Group PLC. Mike started his career at Arthur Andersen, and most recently served as Group Finance Director at Parity Group. Mike will also take a seat on the board.

Rubicon Project [LOS ANGELES] (NYSE: RUBI) announced the appointment of David Day as Chief Financial Officer of the company. Day previously served as Rubicon Project’s interim CFO since May 2016 and has been the company’s Chief Accounting Officer since joining the Company in March 2013. Before joining Rubicon Project, Day was most recently Chief Accounting Officer at ReachLocal, and was previously Senior Vice President of Finance at Overture and at Yahoo Search Marketing. Day was also co-founder of SignJammar, and was Vice President of Finance for Spot Runner. Prior to that he had approximately 12 years of public accounting experience with PricewaterhouseCoopers and Arthur Andersen, including three years in PwC’s Frankfurt, Germany office.

Image may be NSFW.
Clik here to view.

Gavan Goss

BorrowersFirst [AUSTIN, Texas] appointed Gavan Goss as Chief Financial Officer. Before joining BorrowersFirst, Gavan spent 13 years at Dell Financial Services (DFS). Gavan has also held senior leadership positions at Associates First Capital, Consero Global, and Articulate Labs.

Massage Envy [SCOTTSDALE, Ariz.] named Paul Malek chief financial officer. Malek comes to Massage Envy after eight years as chief financial officer for Cadence Education. Before that, he was vice president, finance with Troon Golf. Malek spent nine years in public accounting.

Community Health Systems, Inc. [FRANKLIN, Tenn.] (NYSE: CYH) announced that W. Larry Cash, President of Financial Services and Chief Financial Officer, will retire from his executive management position and the Company’s Board of Directors on May 16, 2017. Cash has served as the Company’s Chief Financial Officer since joining the organization in September 1997 and was elected to the Board in 2001. Thomas J. Aaron, who currently serves as Senior Vice President–Finance at Community Health Systems, will be appointed Chief Financial Officer immediately following Cash’s retirement. Aaron joined Community Health Systems in November 2016 after a 32-year career at Deloitte & Touche LLP. Aaron retired from Deloitte in October 2016 after serving as Tennessee Managing Partner and leading teams for many of the firm’s largest national healthcare provider and payer clients, including Community Health Systems, Inc., most recently in 2013.

meQuilibrium [BOSTON] announced the appointment of Tom Brennan as chief financial officer. Brennan held C-level positions at GOSHIDO and OPENAIR. He most recently served as chief financial officer of behavioral health care provider AbleTo.

QTS Realty Trust [OVERLAND PARK, Kan.] (NYSE: QTS) announced that it has named Jeffrey Berson as Chief Financial Officer and Bill Schafer as EVP – Finance and Accounting, effective April 3, 2017. Berson has served as QTS’ Chief Investment Officer since 2013. Berson will succeed Schafer as QTS’ Chief Financial Officer. As part of the succession planning process, Schafer will transition to the new role of Executive Vice President – Finance.

RAIT Financial Trust [PHILADELPHIA] (NYSE: RAS) announced that Paul W. Kopsky, Jr. will become RAIT’s new Chief Financial Officer (“CFO”) and Treasurer, succeeding James J. Sebra. Prior to joining RAIT, Mr. Kopsky was Executive Vice President and Chief Operating Officer for Hunt Companies, Inc. since 2013. He was Managing Director for Jefferies & Company, LLC in the investment banking project finance group from 2011 to 2013. Prior to that, Mr. Kopsky has served in various executive finance/accounting leadership roles for companies including Capmark Financial Group, RGA, Nationwide Insurance Group, Lincoln Financial Group and Conning/Swiss Re. Mr. Kopsky began his career with KPMG where he spent over 10 years.

Genesys [SAN FRANCISCO] appointed Larry Katz as its new chief financial officer. Prior to joining Genesys, Katz held a variety of senior executive leadership positions at JP Morgan Chase, including chief administrative officer for the Chase Merchant Services division and CFO for the JP Morgan Treasury Services division.

Manitowoc Foodservice, Inc. [NEW PORT RICHEY, Fla.] (NYSE: MFS) which is changing its name to Welbilt, Inc. effective March 6th, announced John O. Stewart, Senior Vice President and Chief Financial Officer will retire by the end of April 2017. Stewart joined MFS/Welbilt in 2015 when it was a subsidiary of the Manitowoc Company to oversee the spin-off from the former parent.

PebblePost [NEW YORK] announced the appointment of Marita Scarfi as Chief Financial Officer. Most recently, Scarfi served as CFO at 72andSunny. For 16 years, she also served in a variety of roles at creative digital agency Organic, including CFO, COO to CEO.

Community West Bancshares [GOLETA, Calif.] (NASDAQ: CWBC), parent company of Community West Bank (Bank), announced that Charles (Chick) G. Baltuskonis plans to retire in July 2017.  Prior to his retirement, he will step down as Executive Vice President and Chief Financial Officer.

Navient [WILMINGTON, Del.] (NASDAQ: NAVI) announced that Christian Lown will join the company as executive vice president and chief financial officer, effective March 27, 2017. Somsak Chivavibul, current CFO, will spearhead the launch of a new enterprise-wide decision management center. Most recently, Lown was an investment banker at Morgan Stanley for over 10 years, where he was a managing director in the financial institutions group, serving as co-head of the banks, diversified finance and financial technology practices in North America. Before moving to Morgan Stanley, Lown was an investment banker at UBS and Credit Suisse, and was an equity analyst in Asia for Credit Lyonnais Securities Asia.

Global Eagle Entertainment Inc. [LOS ANGELES] (NASDAQ: ENT) announced that Tom Severson, Executive Vice President & Chief Financial Officer, resigned, effective February 20, 2017. The Board has initiated a CFO search to consider candidates for the position. In the interim, Jeff Leddy, CEO, will serve as the Company’s principal financial officer.

Endocyte, Inc. [WEST LAFAYETTE, Ind.] (NASDAQ: ECYT) announced that Michael T. Andriole has been appointed as chief financial officer. Mr. Andriole has more than 20 years of experience in a range of financial, strategic and corporate development roles, including 16 years at Eli Lilly and Company, most recently as Vice President, Corporate Business Development.

LifeVantage Corporation [SALT LAKE CITY] (NASDAQ: LFVN) announced the appointment of Gary Koos as Interim Chief Financial Officer, replacing Mark Jaggi. Most recently, Mr. Koos served as Head of Finance of the PCT division of Comet Technology Inc. Previously Mr. Koos served as President, CEO and CFO for Worldwide Energy and Manufacturing USA Inc., from 2011 to 2013. Mr. Koos also previously served in several senior financial and operation executive roles including both public and private company experience.

Appirio [Indianapolis, IN], a Wipro company announced that Krishnan Subramanian, Vice President of Finance at Wipro, is now the Chief Financial Officer.

CFO Moves – week ending March 3, 2017

CFO Moves this week include:

DTI Management Aware, Inc. BIOLASE, Inc.
StreamLink Software DineEquity, Inc Global Payments Inc.
Waste Management Inc ProQuest Hannover Life Reassurance Company of America
PAREXEL International Corporation KeyImpact Sales & Systems, Inc. Sangamo Therapeutics, Inc
Pandora Athenex WuXi NextCODE
EastGroup Properties Choice Hotels International, Inc. ALLETE Inc.
LendingUSA New York REIT, Inc. DDR Corp.
U.S. Legal Support Inc Synchronoss Technologies, Inc. eGain
Cesca Therapeutics Inc. RLHC (Red Lion Hotels Corporation) Morningstar, Inc.
Inspira Financial Inc. NVISION Eye Centers Integer Holdings Corporation

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Image may be NSFW.
Clik here to view.

Rey Del Valle

DTI Management [ALEXANDRIA, Va.] announced the appointment of Rey del Valle as its new Chief Financial Officer. Mr. del Valle comes to DTI after serving as the SVP of Finance at AXS Ticketing. Prior to AXS, from 2011 through 2015, Mr. del Valle was Ticketmaster’s SVP of Finance for eCommerce and Technology. In addition to AXS and Ticketmaster, Mr. del Valle has also held financial leadership roles with Guitar Center, MTV Networks, and The Walt Disney Company.

Aware, Inc. [BEDFORD, Mass.] (NASDAQ: AWRE) announced that Richard P. Moberg has resigned, as co-Chief Executive Officer and co-President and Chief Financial Officer and Treasurer of Aware citing a desire to retire.  Mr. Moberg will continue to serve as a member of the Board of Directors of Aware.

BIOLASE, Inc. [IRVINE, Calif.] (NASDAQ: BIOL) announced it has appointed Mark J. Nelson as its Senior Vice President and Chief Financial Officer. He replaces David C. Dreyer, who resigned to pursue other opportunities. Most recently, since December 2015, Mr. Nelson served as the Chief Financial Officer and Chief Operating Officer for Beyond Meat. Prior to his tenure at Beyond Meat, from April 2013 to November 2015, Mr. Nelson served as Chief Financial Officer and Treasurer of Farmer Brothers Co. Mr. Nelson spent the majority of his career in financial and operational positions of increasing responsibility with companies including Plant Controller at C.R. Bard, Inc.; Finance Director at Thermo Fisher Scientific, Inc.; and as Chief Accounting Officer at Newport Corporation. Previously, he was Vice President and General Manager. Mr. Nelson began his career as a Financial Management Program trainee with the General Electric Company.

StreamLink Software [CLEVELAND] named Fred Binstock as chief financial officer. Most recently, Binstock served as managing partner of Fred R Binstock & Associates. Previously, Binstock was the CFO and treasurer of TOA Technologies. Prior to that, he served as CFO of Radisphere.

DineEquity, Inc. [GLENDALE, Calif.] (NYSE: DIN) announced that it has accepted the resignation of its Chief Financial Officer, Thomas W. Emrey. Greggory H. Kalvin, DineEquity’s Senior Vice President, Corporate Controller, will assume the role of interim CFO until a permanent successor to Mr. Emrey is named.

Global Payments Inc. [ATLANTA] (NYSE: GPN) announced the promotion of Cameron M. Bready to Senior Executive Vice President and Chief Financial Officer. Bready joined Global Payments in June 2014 as Executive Vice President and Chief Financial Officer.

Waste Management Inc. [HOUSTON] (NYSE: WM) appointed Devina A. Rankin, formerly vice president, treasurer and acting chief financial officer, to the position of senior vice president, chief financial officer and treasurer. Rankin joined the Company in 2002 and has held a number of corporate finance positions of increasing responsibility during her tenure, including assistant treasurer and treasurer. She began her career at Arthur Andersen, a public accounting firm, in 1999.

ProQuest [ANN ARBOR, Mich.] announced that Robert VanHees has joined the company as Senior Vice President and Chief Financial Officer. Mr. VanHees joins ProQuest from JLL Partners, where he was an Operating Partner for five years. Prior to that, he served as CFO of the Learning Care Group. Earlier in his career, he was CFO for Corporate Express North America and Corporate Express Europe, served as a Controller, and held several roles in financial planning and analysis, treasury, and audit functions.

Hannover Life Reassurance Company of America [ORLANDO, Fla.] announced promotion within the company and the retirement of David Wheat. Prior to joining Hannover Re US, David was CFO at ING Americas, which followed 17 years with EY, ending as a partner in its US insurance practice. Clint Thompson is promoted to executive vice president and CFO. Clint has been the Chief Risk Officer for Hannover Re US since 2011. Before joining Hannover Re US, Clint served as a Senior Risk Officer for AEGON.

PAREXEL International Corporation [BOSTON] (NASDAQ: PRXL) announced the appointment of Simon Harford as Senior Vice President and Chief Financial Officer. Mr. Harford joins PAREXEL from GlaxoSmithKline plc (GSK), where he most recently served as Senior Vice President, Finance. Prior to joining GSK, Mr. Harford served as Group Vice President and Controller for Avon Products, Inc. Additionally, he spent two decades with Eli Lilly and Company in various finance leadership roles across Europe and in Indianapolis, most notably as Head of Investor Relations and as Vice President and Controller.

KeyImpact Sales & Systems, Inc. [ODENTON, Md.]  announced the appointment of Colin Quinn as Chief Financial Officer. Colin has served in various operational and financial leadership roles in several major companies including McMaster-Carr Supply Company and True Value Company. Previously, Colin was Vice President of Finance for US Foods, Inc. and most recently Vice President of Finance at Little Lady Foods.

Sangamo Therapeutics, Inc. [RICHMOND, Calif.] (NASDAQ: SGMO) announced the appointment of Kathy Yi as senior vice president and chief financial officer, to succeed current executive vice president and chief financial officer H. Ward Wolff, who will be retiring from the company. Ms. Yi most recently served as Head of Finance for Novartis Pharmaceuticals’ Global Inhalation Technical Research & Development group. Prior to Novartis, Ms. Yi held financial management positions of increasing seniority at Life Technologies Corp., from 2007 to 2014, including Finance Leader, Corporate FP&A. Earlier, she held various positions in finance at Intel Corp, from 2001 to 2007.

Pandora [OAKLAND, Calif.] (NYSE:P) announced that Naveen Chopra has joined the company as chief financial officer. Chopra joined TiVo in 2003 and most recently served as the company’s interim chief executive officer from January 2016 until its acquisition by Rovi Corporation in September 2016. From 2012 to 2016, Chopra served as chief financial officer and senior vice president of corporate development and strategy.

Athenex [BUFFALO, N.Y.] announced that J. Nick Riehle has agreed to serve as Chief Financial Officer of the company upon approval of the Company’s Board of Directors. Mr. Riehle served as Chief Financial Officer of Chelsea Therapeutics from its inception in 2004 until 2014 when it was sold to Lundbeck. Mr. Riehle previously served as the Chief Financial Officer of HAHT Commerce from 1996 to 2003, and held numerous senior finance and marketing roles at Nortel Networks from 1979 to 1996.

Image may be NSFW.
Clik here to view.

John Long

WuXi NextCODE [SHANGHAI, CAMBRIDGE, Mass. and REYKJAVIK, Iceland] announced that senior vice presidents John Long has been named chief financial officer. John Long has served as WuXi AppTec’s senior vice president of finance since 2013. Prior to joining WuXi AppTec, John served in senior roles at Willis Group, Tyco International and Lucent Technologies.

EastGroup Properties [JACKSON, Miss.] (NYSE: EGP) announced that N. Keith McKey, its Executive Vice President and Chief Financial Officer, will retire. Mr. McKey has been an officer of the Company since 1983, and has been Chief Financial Officer since 1993. The Board of Directors has appointed Brent W. Wood, presently the Senior Vice President and head of the Company’s regional office in Houston, Texas, to become Executive Vice President and Chief Financial Officer effective on Mr. McKey’s retirement.  Mr. Wood has been with the Company since 1996 and his first position with the Company was Assistant Controller, before he moved into operational roles.

Choice Hotels International, Inc. [ROCKVILLE, Md.] (NYSE: CHH) has appointed Dominic E. Dragisich to the position of chief financial officer. Dragisich joins Choice from XO Communications where he served as CFO. He has held key finance and operational positions at Marriott International, NII Holdings and Deloitte Consulting.

ALLETE Inc. [DULUTH, Minn.] (NYSE: ALE)  announced that Bob Adams assumes the role of Chief Financial Officer. He succeeds Steve DeVinck, who announced his plan to retire in the spring of 2017. Adams joined the company in 1987 as a financial analyst. He was named chief risk officer and vice president of business development in 2008, promoted to vice president of energy-centric businesses in 2014 and added the title of senior vice president of energy-centric businesses in 2015. The role of CFO is familiar to Adams, having served in that capacity in the past for Minnesota Power and Split Rock Energy.

LendingUSA [SHERMAN OAKS, Calif.] announced that Ron Oertell, former CFO of Lakeview Holdings, has joined the company as its new Chief Financial Officer. Mr. Oertell served as Chief Financial Officer for Airo Wireless. Mr. Oertell was also a Managing Director for Park Street Management, where Mr. Oertell was CFO from the initial venture capital round up through the sale of the company.

New York REIT, Inc. [NEW YORK] (NYSE: NYRT) announced that John Garilli will be appointed as the Company’s Chief Financial Officer, Treasurer and Secretary. He replaces Nicholas Radesca, will resign as Interim Chief Financial Officer, Treasurer and Secretary of NYRT.

DDR Corp. [BEACHWOOD, Ohio] (NYSE: DDR) announced that Matthew Ostrower joined as Executive Vice President, Chief Financial Officer, and Treasurer. Matthew Ostrower served as Executive Vice President, Chief Financial Officer and Treasurer of Equity One from March 2015 to March 2017. Prior to joining Equity One, Mr. Ostrower held several roles at Morgan Stanley, including Associate Director of European Research and head of U.S. REIT Equity Research.  Mr. Ostrower was also a member of the Board of Directors of Ramco-Gershenson Properties Trust from 2010 to February 2015.

Image may be NSFW.
Clik here to view.

Kellen S. Smith

U.S. Legal Support Inc. [HOUSTON] announced the appointment of Kellen S. Smith as Vice President and Chief Financial Officer. Prior to joining U.S. Legal Support, Kellen was a Consultant with Accenture’s Pricing and Profitability strategy group.

Synchronoss Technologies, Inc. [BRIDGEWATER, N.J.] (NASDAQ: SNCR) announced that John Frederick has been appointed Synchronoss’ Chief Financial Officer. Before joining the company, Mr. Frederick was Executive Vice President, Chief Administrative and Financial Officer of Avid Technologies. Prior to Avid, Mr. Frederick was Corporate Executive Vice President and Chief Financial Officer of Open Solutions, Inc., which was acquired in January 2013 by Fiserv, Inc. Prior to Open Solutions Inc., Mr. Frederick served as Senior Vice President and Chief Financial Officer of SafeNet, Inc.

eGain [SUNNYVALE, CA] (NASDAQ: EGAN) announced the appointment of Christine Russell, CFO of UniPixel, Inc., to its board of directors. Ms. Russell is currently Chief Financial Officer of UniPixel, Inc. and a director and audit committee chair of QuickLogic Corporation. Prior to joining UniPixel in 2015, she previously served as CFO for a number of technology companies including Vendavo, EAG, Virage Logic, and OuterBay Technologies.

Cesca Therapeutics Inc. [Rancho Cordova, California] announced that the company and Michael Bruch, Chief Financial Officer, mutually agreed to terminate his employment effective March 10, 2017. Jeff Cauble has been appointed Principal Financial Officer and Principal Accounting Officer, effective March 10, 2017. Mr. Cauble has been employed with the Company since 2010 and has served as Accounting Manager, Assistant Controller and Director of Finance. Mr. Cauble has over 19 years of accounting experience in various financial and managerial roles for Diamond Foods Inc. (DMND) and E.&J. Gallo Winery.

RLHC (Red Lion Hotels Corporation) [SPOKANE, Wash.] (NYSE: RLH) announced the appointment of Douglas L. Ludwig as its new Executive Vice President, Chief Financial Officer and Treasurer. Mr. Ludwig will succeed interim Chief Financial Officer, David Wright, who will resume his role as the company’s Vice President of Accounting, Tax & External Reporting on Mr. Ludwig’s start date. Mr. Ludwig was most recently Chief Financial Officer with Baha Mar Resorts Limited, for the past ten years. Mr. Ludwig served for over twenty years in various accounting, financial and strategic roles at Four Seasons Hotels Inc., including 13 years as Chief Financial Officer. Mr. Ludwig’s career began with KPMG where he advanced to senior audit manager prior to joining Four Seasons in 1984.

Morningstar, Inc. [CHICAGO] (NASDAQ: MORN) announced that Stéphane Biehler, chief financial officer, notified the company that he is resigning from his position effective March 10, 2017, to join a Chicago-based trading firm. Morningstar has appointed Kunal Kapoor, the company’s chief executive officer, as interim chief financial officer effective March 10, 2017.

Inspira Financial Inc. [BOCA RATON, FLORIDA] (TSX-V: LND) announced Mike Olson as Chief Financial Officer (“CFO”). Mr. Olson was previously CFO of a healthcare related startup, a Controller for PCH Treatment Centers and a Controller for a medical laboratory (which was successfully acquired by LabCorp). He began his Finance career at The Walt Disney Company.

NVISION Eye Centers [ALISO VIEJO, Calif.] announced the appointment of Gregory Cunniff to Chief Financial Officer. Prior to joining NVISION, Cunniff served as Chief Financial Officer of GrandCare Health Services. Previous to his work in home healthcare, Cunniff was Chief Executive Officer of Oxford Surgical Specialties. Cunniff also served as Executive Vice President and Chief Financial Officer at Surgical Care Affiliates (SCAI) and was co-founder and Chief Financial Officer of National Surgical Care prior to its acquisition by AmSurg (AMSG).

Integer Holdings Corporation [FRISCO, Texas] (NYSE: ITGR) announced that Gary Haire is joining the Company and will be appointed Executive Vice President and Chief Financial Officer. Mr. Haire is currently the chief financial officer of Rexel North America, a large business unit of Rexel, a public company based in France. From 2013 to 2014, he served as chief financial officer of Shale Inland Holdings, a privately owned, PE-backed company. From 1995 to 2003 and from 2003 to 2012, he held numerous financial leadership roles at HJ Heinz Company and Tyco International, respectively. Mr. Haire started his career with KPMG. The Company previously announced the planned retirement of Michael Dinkins, executive vice president and chief financial officer. Mr. Dinkins’ last day with the Company will be in early March. Tom Mazza, vice president, corporate controller and treasurer, will assume the additional role of interim chief financial officer until Mr. Haire joins the Company in early May. Mr. Mazza previously served as the company’s CFO from 2005 to 2012.


CFO Moves – week ending March 10, 2017

CFO Moves this week include:

Halliburton Company Sabra Dipping Company Zuora, Inc
Zerto Infutor Aqua-Chem
Stratix Ossia Nu Skin Enterprises, Inc.
True Nature Holding, Inc. Spredfast William Mills Agency
Tocagen Inc Grow Condos, Inc. Nexus Systems
Avionos Continuum JAFRA Cosmetics International, Inc
Rocky Brands, Inc. Kit Check Inbenta
PlanetRisk Janeiro Digital Dril-Quip, Inc.
First Foods Group, Inc. BancorpSouth, Inc. Influence Health
Sucampo Pharmaceuticals, Inc. Tractor Supply Company Alphatec Spine, Inc.
Beverly Hills Group Inc. AMMO, Inc.

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Halliburton Company [HOUSTON] (NYSE: HAL) announced that Chief Financial Officer Mark McCollum has left the Company to become Chief Executive Officer at Weatherford International plc (NYSE: WFT). Halliburton Executive Vice President and General Counsel, Robb L. Voyles, has been named interim CFO. Halliburton has engaged an executive search firm to conduct a comprehensive search for its next CFO. The Company also announced the promotion of Lyn Beaty to senior vice president of Finance.

Sabra Dipping Company [WHITE PLAINS, N.Y.] has appointed Paula Fitzgerald as Chief Financial Officer. Fitzgerald joins Sabra with nearly ten years of experience at PepsiCo, which jointly owns Sabra with The Strauss Group. At PepsiCo, she held key financial leadership roles including most recently Senior Director, Walmart Sales Finance for PepsiCo North America Beverages. Previously, she was Senior Director, Brand & Innovation Finance. Prior to working at PepsiCo, she served as Finance Director for Pfizer’s Consumer Healthcare Strategy and Business Development team.

Zuora, Inc. [San Mateo, Calif.] announced that Ken Goldman, chief financial officer at Yahoo, has joined Zuora’s board of directors as an independent director. Prior to joining Yahoo, he was the CFO of Fortinet Inc., and before that he was Executive Vice President and CFO of Dexterra, Inc. Goldman also served as Senior Vice President, Finance and Administration, and CFO of Siebel Systems, Inc. Goldman currently serves on the boards of directors of GoPro, Inc., NXP Semiconductors N.V., TriNet Group Inc., and Yahoo Japan Corporation. He is a member of the Standing Advisory Group of the Public Company Accounting Oversight Board.

Zerto [BOSTON] announced the appointment of Ken Goldman, chief financial officer at Yahoo!, to its board of directors. Prior to Yahoo!, Ken served as CFO for Fortinet, Siebel Systems, Excite@Home, Sybase and Cypress Semiconductor. He has also served on the boards of directors of multiple tech companies including GoPro, NXP Semiconductors N.V., TriNet Group, Yahoo Japan Corporation, and he recently joined Zuora’s board of directors. Mr. Goldman is also a member of the Standing Advisory Group of the Public Company Accounting Oversight Board.

Infutor [Oakbrook Terrace, Ill.] announced that Drew Plisco has joined as Chief Financial Officer. Prior to joining Infutor, Drew was the vice president of finance at Sage Group plc and previously was responsible for the global financial planning and analysis function at First Advantage.

Aqua-Chem [KNOXVILLE, Tennessee] announced that Christopher Game is joining the Company as the Chief Financial Officer. From 2012 to 2016, Mr. Game was the chief financial officer & chief operating officer of Contour Industries, Inc. From 2008 to 2012, he served as Chief financial officer and chief operating officer of Asia for DelStar Technologies. From 2006 to 2008, he was the Corporate Controller & Director of Business Development and Strategic Planning of American LaFrance. Mr. Game started his career with Behr America in 1996.

Image may be NSFW.
Clik here to view.

Jim Morgan

Stratix [NORCROSS, Ga.] announced that Jim Morgan is joining the executive team as chief financial officer. Morgan comes to Stratix from Cardlytics, where he was the company’s first CFO. Previously, Morgan was CFO for Liaison Technologies. He has also worked at The Walt Disney Company, Goldman Sachs, CafeMedia and nuBridges.

Ossia [BELLEVUE, Wash.] announced that Tim Beard joins as Chief Financial Officer. Tim Beard joins Ossia from the Technology Investment Banking group at Raymond James. Earlier in his career, Tim was a member of the technology group at BofA Merrill Lynch and Deutsche Bank.

Nu Skin Enterprises, Inc. [PROVO, Utah] (NYSE: NUS) announced the appointment of Mark H. Lawrence as chief financial officer. Lawrence will replace Ritch Wood, who will become the chief executive officer of the company. Lawrence recently served as the head of finance for Amazon-Lab126. In addition, he has held senior financial leadership roles at companies Polycom and Brocade as well as Vivint Smart Home.

True Nature Holding, Inc. [ATLANTA, GA] (OTCQB: TNTY) announced the appointment of Susanne Leahy as the Company’s Chief Financial Officer. She replaces Christopher Knauf, who will no longer serve as Chief Financial Officer and will focus solely on serving the Company as Chief Executive Officer. From 2013 – 2016, Susanne Leahy functioned as the Senior Vice President of Finance and Operations at Cinedigm. From 2000-2012, Ms. Leahy worked at New Video Group, where she was VP of Finance & Operations. From 1999-2000 Leahy was General Accounting Manager for Bulgari Corporation of America. From 1996-1999 she was Assistant Manager of Passenger Revenue for British Airways. From 1990-1996 she worked as Assistant Payroll Supervisor for the New York Institute of Technology.

Spredfast [AUSTIN, TX] announced Lynn Atchison has joined the company as chief financial officer. Prior to joining Spredfast, Atchison was the CFO at HomeAway, Inc. Prior to HomeAway, Atchison was the CFO of Infoglide Software and senior vice president and CFO at Hoover’s Online.

William Mills Agency [ATLANTA] announced the promotion of Michael Misoyianis to chief financial officer. Misoyianis has been with William Mills Agency for more than 10 years, most recently serving as vice president of accounting and finance.

Tocagen Inc. [SAN DIEGO] announced the appointment of Mark Foletta as executive vice president and chief financial officer, succeeding Tom Darcy, a company co-founder who is retiring. Mr. Darcy will continue to serve on the company’s board of directors. Mr. Foletta previously served as senior vice president and chief financial officer of Amylin Pharmaceuticals, Inc. through the company’s acquisition by Bristol-Myers Squibb in August 2012. Mr. Foletta currently serves as a board member for several biopharmaceutical companies, including AMN Healthcare, Inc., Regulus Therapeutics Inc. and DexCom, Inc., and chairs each of their audit committees.  Prior to Amylin, Mr. Foletta held roles of increasing responsibility at Intermark, Inc./Triton Group Ltd., including serving as senior vice president, chief financial officer and corporate secretary. Previous to this position he held various roles of increasing responsibility at Ernst & Young, LLP, including serving as audit manager.

Grow Condos, Inc. [EAGLE POINT, OR] (OTCQB: GRWC) announced the appointment of Charles B. Mathews as Corporate Chief Financial Officer. Mr. Mathews has operated as a successful proprietor, Charles B. Mathews, CPA, an accounting and business consulting firm in Phoenix, AZ since 2000. He recently served as Chief Financial Officer for mCig, Inc. and Vitacig, Inc. in addition to his tenure as Executive Vice President and Chief Financial Officer of Quepasa Corporation.  Joann Z. Cleckner resigned as Chief Financial Officer of Grow Condos, Inc. Ms. Cleckner will remain as the Secretary of the Company.

Nexus Systems [FALLS CHURCH, VA] announced that John Bruno has joined the company as Chief Financial Officer. Before joining Nexus Systems, John was CFO at Federated Wireless. Prior to that, John served as CFO of several other high-growth, technology companies, including Torrent Networking Technologies, Inc.

Image may be NSFW.
Clik here to view.

Geoffrey Willison

Avionos [CHICAGO] announced the hire of Jim Sherman as CFO. Prior to Avionos, he served as an audit partner at Ernst & Young.

Continuum [BOSTON] appointed Geoffrey Willison as Chief Financial Officer. Willison is replacing founding CFO Steve Royal, who is retiring after nearly six years with the company. Willison was most recently the CEO at Valore.

JAFRA Cosmetics International, Inc. [LOS ANGELES] announced the addition of James Christl as Chief Financial Officer (CFO). His most recent CFO role was with Cole Haan. Mr. Christl started his career at Deloitte & Touche and is a Certified Public Accountant.

Rocky Brands, Inc. [NELSONVILLE, Ohio] (NASDAQ: RCKY) announced that Thomas Robertson has been appointed Chief Financial Officer of the Company. Mr. Robertson has served as Senior Financial Analyst since joining the Company in September 2016. Prior to that, from July 2015 until September 2016, he was an audit manager with Deloitte & Touche LLP. From September 2008 until July 2015, he held various audit positions with Schneider Downs & Co., Inc.

Image may be NSFW.
Clik here to view.

Kristyn Reed-Salow

Kit Check [WASHINGTON] announced Kristyn Reed-Salow as Chief Financial Officer. Kristyn was CFO of Law.com and RealLegal, and later spent five years as CFO at Mantas, Inc. (now known as Oracle Financial Services Software). Kristyn later became the CFO of Fishbowl. Most recently, Kristyn served as CFO for Framebridge.

Inbenta [SAN MATEO, Calif.] announced the addition of Greg Wookey as Chief Financial Officer. Most recently he served as the SVP of Payments at MINDBODY, Inc. Prior to his SVP role, he served MINDBODY, Inc. as CFO.

Image may be NSFW.
Clik here to view.

Abdul Omar

PlanetRisk [WASHINGTON] announced that Abdul Omar has joined the company as chief financial officer. Most recently, he was the CFO of Orchestro, Inc. Previously, Omar was the vice president of finance for Reston-based Infor Global Solutions. He also served as vice president of finance, controlling and administration for Software AG. Earlier in his career, Omar also held senior financial leadership positions at Enterra Solutions, Lexis Nexis and SAIC.

Janeiro Digital [BOSTON] announced that Ed Davis has joined the company to hold a dual role as Chief Operating Officer and Chief Financial Officer. Prior to joining Janeiro Digital, Ed was COO of Brand Networks, LLC. Previous to Brand Networks, Ed was COO of Federal Street Advisors, and CFO of Arnold Worldwide.

Dril-Quip, Inc. [HOUSTON] (NYSE: DRQ) announced that it has appointed Jeffrey J. Bird as Vice President and Chief Financial Officer. Mr. Bird will succeed Jerry M. Brooks, who has accepted the newly created position of Vice President of Investor Relations. Mr. Bird served as Executive Vice President and Chief Financial Officer of Frank’s International, from December 2014 through February 2017. Prior to joining Frank’s International, Mr. Bird was the Vice President of Finance and Chief Financial Officer of Ascend Performance Materials, since September 2010. Prior to joining Ascend, Mr. Bird served in a variety of accounting and finance roles primarily in the industrial manufacturing sector including serving as a division Chief Financial Officer at Danaher Corporation.

First Foods Group, Inc. [NEW YORK, NY] (OTCQB: FIFG) announced that Mark J. Keeley has been appointed as Chief Financial Officer. Most recently he served as the Chief Financial Officer (CFO) of Bradley, Foster & Sargent, Inc.

BancorpSouth, Inc. [Tupelo, Mississippi] and the BancorpSouth Bank appointed Chris A. Bagley as the interim Chief Financial Officer and Treasurer. Bagley replaces William L. Prater. Mr. Bagley has served as the Company’s President and Chief Operating Officer since August 15, 2014 and will continue to serve in these positions while fulfilling his interim duties.

Image may be NSFW.
Clik here to view.

Dave Morgan

Influence Health [BIRMINGHAM, AL] announced that Dave Morgan takes the helm as CFO. Morgan served as CFO of Greenway Health and held senior finance roles at Allscripts and Eclipsys prior to joining Influence Health. His background also includes serving in controller and vice president of finance roles at Travelport, Worldspan and iXL, and Arthur Andersen.

Sucampo Pharmaceuticals, Inc. [ROCKVILLE, Md.] (NASDAQ: SCMP) announced that Andrew Smith, Chief Financial Officer, will be leaving Sucampo to move back to Europe with his family to pursue professional opportunities there.  He will remain in his CFO role through March 20 and will thereafter assist in the transition of his responsibilities.  Peter Pfreundschuh will become Sucampo’s new Chief Financial Officer, effective on March 20.

Tractor Supply Company [BRENTWOOD, TN] (NASDAQ: TSCO) announced that Kurt D. Barton has been promoted to Senior Vice President, Chief Financial Officer and Treasurer in line with the Company’s management transition plan announced last July. Mr. Barton succeeds Anthony F. Crudele who retired after serving as the Company’s Chief Financial Officer for the past 11 years. Mr. Barton first joined Tractor Supply in 1999 and was promoted to Senior Vice President, Controller earlier this year. He had served as the Company’s Vice President, Controller since 2009. Mr. Barton also served as Director, Internal Audit from 2002 to 2009 and held other leadership roles in accounting during his tenure with the Company.

Alphatec Spine, Inc. [CARLSBAD, Calif.] (NASDAQ: ATEC) announced that it hired Jeffrey G. Black as Executive Vice President and Chief Financial Officer. Mr. Black previously served as the Chief Financial Officer of Applied Proteomics, Inc.  Before joining Applied Proteomics, Mr. Black served as the Chief Financial Officer of AltheaDx, Inc.  Prior to AltheaDx, Mr. Black served as Chief Financial Officer of Verenium Corporation (formerly Diversa Corporation). He currently serves on the Board of Directors of Cellana, Inc.

Beverly Hills Group Inc. [BEVERLY HILLS, CA] (OTC: BHGI) announced that Rudy Kiste has been named as its Chief Financial Officer. More recently, he held positions as Senior Manager with BDO Seidman, in New York and Mexico City. He was also a Director with Edelta Consulting in New York.

AMMO, Inc. [SCOTTSDALE, Ariz.] (OTC: POWW) announced it has appointed Ron Shostack to Chief Financial Officer. In recent years, he has served as the Director of Strategic Planning for a $2 billion rollup in the staffing industry. Prior, his extensive track record of business success features AmeriCare Employers Group, a company he started in November 1992 and grew to $200 million in annual revenue before selling to NovaCare Staffing in 2001.

CFO Moves – week ending March 17, 2017

CFO Moves this week include:

Libbey Inc. Swift Energy Company 5W Public Relations
Teforia Company B&G Foods, Inc. VaaS International Holdings, Inc.
Genstar Capital The Allen Institute Marketplace Home Mortgage
Frontline Education First Sound Bank Seegrid
iPic Entertainment Interface, Inc. Calabrio
Deluxe Corporation PHOENIX Rehabilitation and Health Services, Inc. RiceBran Technologies
Mobile Mini, Inc. Zscaler, Inc. Zinwave
InfoArmor, Inc. Seven Bridges Platform Specialty Products Corporation
Emerson Radio Corp. Roper Technologies, Inc. Koss Corporation
SITO Mobile Ltd. Green Bancorp, Inc. Energy Focus, Inc.
LifeVantage Corporation

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Libbey Inc. [TOLEDO, Ohio] (NYSE MKT: LBY) announced the appointment of James C. (Jim) Burmeister to the position of vice president, chief financial officer. Mr. Burmeister joins Libbey from The Anderson’s, Inc., where he served as vice president, finance and treasurer. Prior to joining The Andersons, Inc., he held roles of increasing responsibility in operations finance with Owens Corning, beginning in 2005 as director, finance of Owens Corning’s cultured stone business and culminating in his role from 2013-2014 as vice president, finance of Owens Corning’s roofing and asphalt division. Earlier in his career, Mr. Burmeister served in a variety of roles with General Electric.

Swift Energy Company [HOUSTON] (OTC: SWTF) announced the appointment of Gleeson Van Riet as Executive Vice President and Chief Financial Officer. Mr. Van Riet succeeds Alton Heckaman, the Company’s current Chief Financial Officer, who previously announced his retirement. Van Riet was previously the Chief Financial Officer of Sanchez Energy Corporation where he held a series of positions of increasing responsibility from April 2013 to March 2016. Mr. Van Riet previously worked as an investment banker with Credit Suisse and Donaldson, Lufkin & Jenrette in London and Los Angeles.

5W Public Relations [NEW YORK] announced that John Ferrari has joined the agency as Senior Vice President of Finance. Previously, Ferrari served as Chief Financial Officer at Hunter Public Relations. Prior to joining Hunter, Ferrari was Senior Vice President of Finance at MWW Group, and spent over fourteen years as a member of its financial team.

Teforia Company [MOUNTAIN VIEW, CA] announced the appointment of Frank Lucero as Chief Financial Officer. Most recently, Lucero served as vice president of finance and operations for Livescribe Inc. Prior to that, Lucero held various positions at notable companies, including Intel, Ernst & Young, and Cisco.

B&G Foods, Inc. [PARSIPPANY, N.J.] (NYSE: BGS) announced that Thomas P. Crimmins, the Company’s Chief Financial Officer, has resigned. The Company has initiated a search for a new Chief Financial Officer and until one is appointed, Amy Chiovari, currently the Company’s Corporate Controller, will serve as Interim Chief Financial Officer.

VaaS International Holdings, Inc. [FORT WORTH, Texas] has added David E. Janek as Senior Vice President and Chief Financial Officer. Janek has held positions as CFO, VP & Corporate Controller, VP & Treasurer and other financial leadership roles at companies such as Federal Signal Corporation and The Heico Companies, LLC. Most recently he was President of Broadwind Energy, Inc.’s gearing business, and previously a Group President of Federal Signal Corporation.

Genstar Capital [SAN FRANCISCO] announced the promotion of Melissa Dickerson to CFO and Managing Director, Operations. Ms. Dickerson joined Genstar in 2004 as the Chief Financial Officer and Managing Director, Operations. Prior to joining Genstar, she was the Controller of American Industrial Partners. Prior to AIP, Ms. Dickerson worked at Deloitte as a Senior Accountant.

The Allen Institute [SEATTLE] announced that Marjorie Thomas, currently Chief Financial Officer at RealNetworks, will join the Institute’s executive team as CFO. Thomas joined RealNetworks in 2015 as CFO and Treasurer. Prior to joining RealNetworks Thomas held senior financial positions at Intuit, Sony Electronics and Hewlett Packard.

Image may be NSFW.
Clik here to view.

Brett Esterberg

Marketplace Home Mortgage [EDINA, Minn.] announced that Brett Esterberg joined the company as Chief Financial Officer.

Image may be NSFW.
Clik here to view.

Paula Olson

Frontline Education [MALVERN, Pa.] has added Paula Olson to its leadership team as Chief Financial Officer. Prior to joining Frontline this January, Olson spent nine years as managing director and head of education technology and services, investment banking at Wells Fargo Securities. Olson’s other experience includes serving as vice president in consumer and retail investment banking at Banc of America Securities and working in an accounting role at Bank of Boston. Olson has also spent time as a Peace Corps volunteer, devoting her time with the Corps in Zimbabwe to business development projects.

First Sound Bank [SEATTLE] (OTCBB: FSWA) announced that Geri Bullard has joined the bank as executive vice president and chief financial officer. Bullard, who began her banking career as a credit analyst in 1994, comes to First Sound Bank after serving as a controller and chief financial officer for community banks in Washington, Idaho and California. She also has served as a bank examiner for the State of Idaho.

Image may be NSFW.
Clik here to view.

Steven Barto

Seegrid [PITTSBURGH] announced it has appointed Steven Barto as the company’s Chief Financial Officer. Most recently, Barto was Executive Vice President and Chief Financial Officer of ITC Global. Prior to ITC Global, Barto was Senior Vice President, General Manager, and Chief Financial Officer of Vocollect. He also served as Chief Financial Officer of BPL Global, Ltd., and previously held executive financial leadership positions at Ericsson, Marconi, and RELTEC. Barto is also a CPA who began his career and worked through Senior Manager at Price Waterhouse.

iPic Entertainment [BOCA RATON, Fla.] announced the appointment of Paul Westra as Chief Financial Officer (CFO). Mr. Westra joins iPic after spending over 20 years as a sell-side analyst covering the restaurant industry, including mostly recently at Stifel Financial. Since 2013, Paul has been a Managing Director at Stifel Financial.

Interface, Inc. [ATLANTA] (NASDAQ: TILE) announced the appointment of Bruce Hausmann as its new Vice President and Chief Financial Officer. Hausmann joins Interface from Aramark Corporation, where he served for the past eight years, most recently as Senior Vice President and Chief Financial Officer for Aramark’s Uniform and Refreshment Services business units. Prior to joining Aramark, he served for seven years at The Walt Disney Company, most recently as Vice President and Segment Controller for the Interactive Media Group.

Calabrio [MINNEAPOLIS, MN] has hired Jenny Kray to serve as Chief Financial Officer. Kray previously served as VP-Finance, Corporate Controller at SPS Commerce. Prior to her role at SPS, she was CFO at Network Instruments.

Deluxe Corporation [ST. PAUL, Minn.] (NYSE: DLX) announced the appointment of Keith A. Bush as Chief Financial Officer. Bush takes over for Edward Merritt, who held the position on an interim basis since September, 2016. Bush joins the Deluxe executive team from American Airlines, where he most recently served as the Senior Vice President of Finance. Bush has worked in the airline industry since 1995, when he joined then Northwest Airlines. He has held varied roles with increasing responsibilities in treasury and financial planning and analysis for Northwest, Delta, US Airways, and American Airlines.

Image may be NSFW.
Clik here to view.

James M. Bargerstock

PHOENIX Rehabilitation and Health Services, Inc. [BLAIRSVILLE, Pa.] announced the recent appointment of James M. Bargerstock as Chief Financial Officer. Prior to joining PHOENIX, he most recently served as Vice President of Accounting and Administration/Chief Financial Officer for SinterMet, LLC.

RiceBran Technologies [SCOTTSDALE, Arizona] (NASDAQ: RIBT; RIBTW) announced the appointment of Brent Rystrom to the position of Chief Financial Officer.  Prior to joining RiceBran Technologies, Mr. Rystrom served as Director of Research for Feltl & Company. Prior to that he was at Piper Jaffray. Since 1997, Mr. Rystrom has also successfully acquired and managed a large portfolio of personal agricultural real estate assets, and from 2011 through 2015, he served on the Customer Advisory Board of AgStar.

Mobile Mini, Inc. [PHOENIX] (NASDAQ GS:MINI) announced that Executive Vice President and Chief Financial Officer, Mark E. Funk, will be stepping down as CFO.

Zscaler, Inc. [SAN JOSE, CA] has appointed four-time CFO Karen Blasing to its board of directors as an independent director and the chair of the board’s audit committee. Blasing currently serves on the boards of Ellie Mae, LogRhythm, and MetricStream. Blasing served as Chief Financial Officer for Guidewire Software, Inc. from July 2009 through March 2015. Ms. Blasing has also served as Chief Financial Officer for Force10 Networks, Nuance Communications, and Counterpane Internet Security. She has held senior finance roles at salesforce.com, Informix Corporation, Oracle Corporation and Syntex Pharmaceuticals.

Image may be NSFW.
Clik here to view.

Mike Russell

Zinwave [DALLAS] announced that it has named Mike Russell as Chief Financial Officer (CFO). Prior to joining Zinwave, Mike was CFO of Future Telecom, and he was previously CFO at Continental Wireless.

Image may be NSFW.
Clik here to view.

Sean Hammond

InfoArmor, Inc. [SCOTTSDALE, AZ] announced the appointment of Sean Hammond as Chief Financial Officer. Hammond succeeds John Schreiber, who assumed the role of Chief Executive Officer. Hammond has held senior financial leadership roles within several companies including Insys Therapeutics, Medicis Pharmaceutical, XM Satellite Radio, and Pegasus Satellite Television. Prior to 2000, he was a senior financial auditor with Deloitte.

Seven Bridges [CAMBRIDGE, Mass.] announced that Mike Falvey has joined the company as Chief Financial Officer. Previous experience include Analysis Group, Ahura Scientific, Aspect Medical Systems, and Millennium Pharmaceuticals. Earlier in his career, Mike held management positions at Fidelity Investments, Digital Equipment Corporation, and General Electric.

Platform Specialty Products Corporation [West Palm Beach, Florida] announced that Sanjiv Khattri had resigned as Platform’s Executive Vice President and Chief Financial Officer. Platform appointed John P. Connolly as its Chief Financial Officer. Mr. Connolly has served as Vice President, Corporate Controller and Chief Accounting Officer of Platform since September 13, 2016. Prior to joining Platform, Mr. Connolly served as Vice President, Controller and Chief Accounting Officer at Xylem Inc., from October 2011 to August 2016. Prior to joining Xylem Inc., Mr. Connolly spent five years at ITT during which time he held key roles as Director, Financial Planning & Analysis, and Director of Accounting. Previously, Mr. Connolly spent 10 years at IBM in roles of increasing responsibility including Manager of Financial Planning & Analysis, Controller of a software division, and Head of Pricing & Licensing Strategy across IBM’s software business, as well as seven years at PricewaterhouseCoopers LLP reaching the level of Manager.

Emerson Radio Corp. [Hackensack, NJ] announced that Michael Binney was appointed as Chief Financial Officer of the Company. He replaces previous CFO Andrew L. Davis. Mr. Binney has been a member of the Board of Directors of the Company since June 2016. Since November 2016, Mr. Binney has also served as an Executive Director and Group Chief Financial Officer of The Grande Holdings Limited (“Grande”). He is a Fellow Member of the Institute of Chartered Accountants in England and Wales, a Fellow Member of the Association of Certified Public Accountants and a Fellow Member of the Hong Kong Institute of Certified Public Accountants. From June 2016 through November 2016, Mr. Binney served as Deputy Chief Executive Officer (Finance Accounting & Company Secretarial) of Grande. From 2010 to March 2016, Mr. Binney served as an Executive Director and Chief Financial Officer of the Vinarco International Group of Companies. Mr. Binney previously served as a non-executive director of Grande from 2009 to 2010, and as an Executive Director of Grande from 2001 to 2009. He also was a member of the Board of Directors of Lafe Corporation Limited, as a non-executive director from 2009 to 2010 and as Executive Director from 2001 until 2009. Mr. Binney was a member of the Board of Directors of the Company from 2005 to 2008. Previous to the above appointments, Mr. Binney worked for over 10 years at major international accounting firms including KPMG and PricewaterhouseCoopers.

Roper Technologies, Inc. [Sarasota, Florida] (NYSE: ROP) announced that Robert Crisci will become Vice President and Chief Financial Officer. Mr. Crisci is currently Vice President, Finance and Investor Relations. Robert Crisci joined Roper in 2013 as Vice President, Finance and Investor Relations. Prior to joining Roper, he served in various roles across investment banking, consulting and finance. His prior experience includes positions at Morgan Keegan, VRA Partners, Devon Value Advisers and Deloitte & Touche.

Koss Corporation [Milwaukee, Wisconsin] announced that David D. Smith, the Executive Vice President and Chief Financial Officer, has informed the Company that he plans to retire. Mr. Smith has served as the Company’s Executive Vice President and Chief Financial Officer since January 2010.

SITO Mobile Ltd. [JERSEY CITY, N.J.] (NASDAQ: SITO) announced that it has named Lawrence Firestone as Interim CFO. He replaces Kurt Streams, who has resigned as CFO.

Green Bancorp, Inc. [HOUSTON] (NASDAQ: GNBC) announced the appointment of Terry Earley as Chief Financial Officer for Green Bancorp. Mr. Earley joins Green Bancorp from Yadkin Financial Corporation where he was the Executive Vice President and Chief Financial Officer. Mr. Earley has served as President and Chief Executive Officer of Rocky Mountain Bank and Rocky Mountain Capital, as CFO of Bancorp of the Southeast, LLC, and as CFO and Chief Operating Officer of RBC Bank (USA). Most recently, Mr. Earley was the Executive Vice President and CFO of Yadkin Financial Corporation.

Energy Focus, Inc. [SOLON, Ohio] (NASDAQ: EFOI) announced the appointment of Michael H. Port, the Company’s Controller and former Interim Chief Financial Officer, as the Company’s Chief Financial Officer and Secretary. He replaces Bradley B. White, who is retiring. Mr. Port has served as Energy Focus’s Controller since July 2015 and as Interim Chief Financial Officer and Secretary from August to December 2016. From 2010 to July 2015, Mr. Port was a consultant with Resources Global Professionals, during which time he specialized in filling roles such as Interim CFO, Controller and Director of External Reporting for industrial and manufacturing customers, including interim Controller of the Company from April to July 2015. Prior to joining Resources Global Professionals, Mr. Port held various senior level executive positions at both private and public companies, including Mork Process, Inc., Oglebay Norton Company, and Hitachi Medical Systems of America. He began his career at Ernst & Young.

LifeVantage Corporation [SALT LAKE CITY] (NASDAQ: LFVN) announced the appointment of Steven R. Fife as Chief Financial Officer. Most recently, Mr. Fife served from 2014 to 2016 as Chief Financial Officer and Chief Operating Officer at Evidera, Inc. Prior to joining Evidera, Inc., Mr Fife’s experience includes serving as Chief Financial Officer for publicly traded companies, including Active Power, Inc. and LECG. In addition, he served in several senior financial roles for Gilead Sciences, Amkor Technologies and JDS Uniphase. He also served as Interim Chief Financial Officer for a non-profit organization, Women’s Initiative for Self Employment.  Mr. Fife began his accounting and finance career with Deloitte & Touche.

CFO Moves – week ending March 24, 2017

CFO Moves this week include:

Dunkin’ Brands Group, Inc. Avery Dennison Corporation Marin Software Incorporated
Sienna Biopharmaceuticals, Inc. Gibraltar Industries, Inc. North American Partners in Anesthesia 
Wecast Network, Inc. South American Gold Corp National Instruments
TASER International, Inc. Nationstar Mortgage Holdings Inc. Entercom Communications Corp.
VERTS Mediterranean Grill SUNZ Holdings Par Pacific Holdings, Inc.
American Tire Distributors, Inc. DAQRI PAVmed Inc.
Knopp Biosciences LLC The Harry and Jeanette Weinberg Foundation Bedford Technology
Clarivate Analytics Ocular Therapeutix, Inc. Conatus Pharmaceuticals Inc.
Blackhawk Network Holdings, Inc. U.S. Concrete, Inc. Wedbush
Twinlab Consolidated Holdings, Inc. Tyme Technologies, Inc.

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Image may be NSFW.
Clik here to view.

Kate Jaspon

Dunkin’ Brands Group, Inc. [CANTON, Mass.] (NASDAQ: DNKN), the parent company of Dunkin’ Donuts and Baskin-Robbins, announced that Paul Carbone, Dunkin’ Brands Chief Financial Officer, is leaving the Company. Kate Jaspon, Dunkin’ Brands Vice President, Finance and Treasurer, has been appointed to serve as interim CFO upon his departure. Ms. Jaspon joined Dunkin’ Brands as Assistant Controller in 2005. She was later promoted to Vice President, Controller and Corporate Treasurer, and since 2014 has held the title of Vice President, Finance and Treasury. Ms. Jaspon came to Dunkin’ Brands from KPMG LLP.

Avery Dennison Corporation [GLENDALE, Calif.] (NYSE: AVY) announced that its board of directors has elected Gregory S. Lovins as vice president and interim chief financial officer. Lovins succeeds Anne L. Bramman, senior vice president and chief financial officer. Mr. Lovins has been the company’s vice president and treasurer since August 2016, and will continue to serve as treasurer. He was previously vice president, global finance, Materials Group from January 2011 to August 2016 and, prior to that, held positions of increasing responsibility across the company.

Marin Software Incorporated [SAN FRANCISCO, CA] (NYSE: MRIN) announced that Brad Kinnish has been appointed VP of Finance and Acting Chief Financial Officer, replacing Catriona Fallon. Mr. Kinnish joins Marin Software from Deutsche Bank, where he served as Managing Director in the Technology Investment Banking group since 2010. Prior to Deutsche Bank, Mr. Kinnish spent four years at Thomas Weisel Partners as Director of Software Investment Banking. Previously, Mr. Kinnish was an Associate in the Technology Investment Banking group at Credit Suisse, and started his career at Ernst & Young as a CPA.

Sienna Biopharmaceuticals, Inc. [WESTLAKE VILLAGE, Calif.] announced that Richard Peterson will join the company as Chief Financial Officer. Peterson succeeds John Smither, who is retiring at the end of April but will continue to serve Sienna in an advisory capacity. Peterson joins Sienna from Novan, Inc., where he served as Chief Financial Officer. Previously, he was the Chief Financial Officer and Treasurer of Medicis Pharmaceutical Corporation until 2012.

Gibraltar Industries, Inc. [BUFFALO, N.Y.] (NASDAQ: ROCK) announced the appointment of Timothy Murphy as Chief Financial Officer. Mr. Murphy will succeed Kenneth Smith, who had previously announced his intention to retire. Mr. Murphy is currently Vice President, Treasurer and Secretary at Gibraltar. He joined Gibraltar in 2004 as Director of Financial Reporting. He then held senior positions in the Treasury Operations department, and has been Vice President and Secretary of the Company since 2012, and Treasurer since 2013. Prior to joining Gibraltar, Mr. Murphy was Senior Manager at KPMG.

Image may be NSFW.
Clik here to view.

John Bugos

North American Partners in Anesthesia [MELVILLE, N.Y.] announced John Bugos has joined the organizations as its new Chief Financial Officer. Prior to joining NAPA, Mr. Bugos was Chief Financial Officer of HCA International Ltd.

Wecast Network, Inc. [NEW YORK] (NASDAQ: WCST) announced that its Board of Directors unanimously appointed Simon Wang as Chief Financial Officer (“CFO”) and principal accounting officer of the Company. Mr. Wang takes over the CFO role from Mr. Yi Xu, the Company’s current Chief Operating Officer, who also held the role of interim CFO of the Company for a short period while the search for a permanent CFO was occurring. Mr. Wang began his career at Deloitte China. Mr. Wang was most recently at BeiBei.com, where he led the finance, accounting and treasury divisions. Prior to that, Mr. Wang worked at Vipshop where he served as a finance director.

South American Gold Corp [LAS VEGAS, NV] (OTC PINK: SAGD) announced the appointment of its new Executive Vice-President and Chief Financial Officer, Joseph (Jody) Hanks.

National Instruments [AUSTIN, Texas] (NASDAQ: NATI) announced Karen Rapp is joining NI as its new chief financial officer (CFO). Most recently, she was senior vice president of Corporate Development at NXP Semiconductor. Prior to her current role at NXP, Rapp served as the vice president and chief information officer at Freescale Semiconductor. Rapp held a variety of positions while at Motorola/Freescale in the business units, corporate accounting, the supply chain, sales and marketing.

Image may be NSFW.
Clik here to view.

Jawad Ahsan

TASER International, Inc. [SCOTTSDALE, Ariz.] (NASDAQ: TASR) announced the appointment of Jawad Ahsan as Chief Financial Officer (CFO). Ahsan joins TASER and Axon’s management team after serving as CFO for Market Track since May 2014. Before joining Market Track, Ahsan spent 13 years in various roles at General Electric (GE). He joined GE Healthcare in 2010 after four years serving as Risk Manager for the Widebody Engine Programs for GE Aviation and as VP, Financial Planning & Analysis for GE Capital. Ahsan became CFO of Clinical Business Solutions, after serving as CFO for Healthcare Knowledge & Connectivity Solutions. Prior to those appointments, Ahsan worked with GE’s internal Corporate Audit Staff.

Nationstar Mortgage Holdings Inc. [DALLAS] (NYSE: NSM) announced that Amar R. Patel, former Nationstar Executive Vice President of Portfolio Investments, has been appointed as Executive Vice President and interim Chief Financial Officer (“CFO”). Mr. Patel’s appointment follows Robert Stiles departure from the company as Executive Vice President and CFO. Mr. Patel initially joined Nationstar in 2006. From 2006 to 2016, Mr. Patel served in multiple roles within the company and was elected Executive Vice President of Portfolio Investments in 2011. From 1993 to 2006, Mr. Patel held various management positions at Capstead Mortgage Corporation, last serving as Senior Vice President Asset and Liability Management.

Entercom Communications Corp. [BALA CYNWYD, Pa.] (NYSE: ETM) announced that it has appointed Richard J. Schmaeling as Executive Vice President and Chief Financial Officer. Mr. Schmaeling will succeed Steve Fisher, who will be stepping down. Mr. Fisher will continue to assist with the CBS Radio integration through January 2018. Mr. Schmaeling held the role of CFO at LIN Media, from 2008 until its acquisition by Media General in December 2014. Prior to joining LIN Media, Mr. Schmaeling served as Vice President, Finance at Dow Jones. Most recently, Mr. Schmaeling served as CFO at Travel Leaders Group.

VERTS Mediterranean Grill [NEW YORK] announced Andreas Sossong as Chief Financial Officer. Sossong has dedicated his career to management consulting, most recently at Oliver Wyman.

SUNZ Holdings [BRADENTON, Fla.] announced the appointment of Michael W. Grandstaff to the position of Chief Financial Officer and Executive Vice President of SUNZ Holdings, and Chief Financial Officer of SUNZ Insurance Company. Before joining SUNZ, Grandstaff was an Executive Vice President for a workers’ compensation insurance service provider.

Par Pacific Holdings, Inc. [HOUSTON] (NYSE MKT: PARR) announced the appointment of Will Monteleone as Chief Financial Officer. Mr. Monteleone succeeds Chris Micklas, who is leaving Par Pacific to spend time with his family. Mr. Monteleone began his career with Bank of America. He was then a member of Sam Zell’s investment firm Equity Group Investments. Mr. Monteleone is currently Senior Vice President of Mergers and Acquisitions and Business Development.

American Tire Distributors, Inc. [CHARLOTTE, N.C.] announced the hiring of Bill Williams as its new Chief Financial Officer. Mr. Williams has served as a senior executive and strategic partner in finance, management consulting, and operations at Fortune 500 companies. For the past ten years Mr. Williams served as CFO Engagement Partner at Tatum, Randstad Holdings, NV, including serving as ATD’s interim financial executive advisor since September 2016. During his career, Mr. Williams has served in financial executive and advisory roles at multiple companies including IBM, Martin Brower LLC, AlliedSignal, Steelcase, Kraft Foods, and Stern Stewart & Co.

DAQRI [LOS ANGELES] has named Robert Brass as its Chief Financial Officer. Most recently, he was at Morgan Stanley where he was the Managing Director of their Semiconductors and Emerging Electronics Investment Banking Team.

PAVmed Inc. [NEW YORK] (NASDAQ: PAVM, PAVMW), announced that it has appointed Dennis M. McGrath as its new Executive Vice President and Chief Financial Officer. Since 2000, Mr. McGrath has served in multiple executive leadership roles at PhotoMedex, Inc., most recently as President and Chief Financial Officer. Prior to his most recent role as President and CFO of PhotoMedex, which he resumed after a corporate merger in 2011, Mr. McGrath served as CEO of PhotoMedex from 2009 to 2011 and as CFO/VP-Finance and Administration from 2000 through 2009. Prior to PhotoMedex, he served as COO of Internet Practice, the largest division for AnswerThink Consulting Group. Prior to that, he was CFO of Think New Ideas, Inc. Mr. McGrath also served as CFO/EVP of TriSpan, Inc.

Knopp Biosciences LLC [PITTSBURGH] announced the appointment of Shane Kovacs to its Board of Managers, effective immediately. Kovacs has served as Executive Vice President and Chief Financial Officer of PTC Therapeutics since May 2013. Prior to joining PTC in 2013, Mr. Kovacs served as Managing Director, Health Care Investment Banking at Credit Suisse. He joined Credit Suisse in 2004 from an investment banking position at National Bank Financial in Toronto.

The Harry and Jeanette Weinberg Foundation [BALTIMORE] has named Craig Mellendick as the new Chief Financial Officer (CFO) for the Foundation. He assumes, and expands upon, duties previously executed by Barry I. Schloss, who concluded his role as the CFO for the Foundation, but continues to serve as an external trustee. Prior to joining the Weinberg Foundation, Mellendick was the Chief Financial Officer and Chief Administrative Officer of Enterprise Community. He has also held accounting and finance positions with   General Growth Properties and The Rouse Company. In addition, Mellendick has performed audit and consulting services for KPMG.

Bedford Technology [WORTHINGTON, Minn.] announced Dan Greve as the new CFO. Greve comes from Newport Laboratories, where he successfully served as CFO, then continued as director of business operations until he joined Bedford Technology.

Image may be NSFW.
Clik here to view.

Richard Hanks

Clarivate Analytics [PHILADELPHIA] announced the appointment of Richard Hanks as Chief Financial Officer. Over the prior four years, Hanks was CFO at BDP International. Previously, he held executive finance and business leadership roles at Infogroup, Dow Jones, Factiva and GSK.

Ocular Therapeutix, Inc. [Bedford, MA] announced that W. Bradford Smith notified the Company of his resignation from his position as Chief Financial Officer. James Fortune, the Company’s Chief Operating Officer, will assume the roles of principal financial officer and principal accounting officer on an interim basis. Mr. Fortune has served as the Company’s Chief Operating Officer since 2008. Mr. Fortune also served as the Chief Operating Officer of Augmenix, Inc. from 2008 to April 2014 and of AccessClosure, Inc. from 2008 to 2010.  Prior to joining the Company, Mr. Fortune served as the Chief Operating Officer of Confluent Surgical, Inc. Previously, he held various senior management roles with the orthopedic and neurosurgical divisions of Johnson & Johnson.

Conatus Pharmaceuticals Inc. [San Diego, CA] appointed Steven J. Mento as the Company’s acting Principal Financial Officer. He replaces former CFO, Charles J. Cashion. Dr. Mento will continue to serve as the Company’s President and Chief Executive Officer.

Blackhawk Network Holdings, Inc. [Pleasanton, CA] announced that Jerry Ulrich, Chief Financial Officer of the Company, notified the Company of his intent to retire by the end of 2017 after eleven years of service to the Company.

U.S. Concrete, Inc. [EULESS, TX] (NASDAQ: USCR) announced that Joseph C. Tusa, Jr., Senior Vice President and Chief Financial Officer, will resign from the Company for personal reasons.

Wedbush Securities [LOS ANGELES, CA] announced the appointment of David Weaver as its Executive Vice President and Chief Financial Officer. He joined Wedbush as a consultant in 2016. David has over two decades of operations and accounting experience, including Director, Fund Accounting with Globeop Financial Services; Vice President at Deutsche Bank Fund Services; and as CAO and CFO with Refco Group, LLC.

Twinlab Consolidated Holdings, Inc. [BOCA RATON, Fla.] (OTC: TLCC) announced the appointment of Alan S. Gever as chief financial officer and chief operating officer. Mr. Gever was most recently chief financial officer of Spice Chain Corporation. He began his career in finance at Nabisco, and held a broad range of management positions with responsibility for manufacturing operations, financial planning, accounting, supply chain management and M&A. He was also corporate vice president of global procurement and general manager and chief financial officer of the Nabisco Refrigerated Foods Company. Additionally, Mr. Gever was chief financial officer of both Ultimate Juice (Naked Juice) and Boulder Brands (Smart Balance) and built a successful management consulting practice.

Tyme Technologies, Inc. [NEW YORK] (OTC: TYMI), announced that Ben Taylor has been appointed President and Chief Financial Officer. Mr. Taylor joins Tyme from Barclays Capital Inc., where he has been the Head of Commercial Pharma since February 2016. Prior to Barclays, Mr. Taylor spent 10 years at Goldman, Sachs & Co. in various positions of increasing responsibility, most recently as Head of Emerging Pharma. In addition to investment banking, he also spent two years at a medical diagnostic start-up leading finance and business development functions.

CFO Moves – week ending March 31, 2017

CFO Moves this week include:

Silver Spring Networks, Inc. Ominto, Inc. The Crosby Group
Oconee Federal Financial Corp Clune Construction Marsh & McLennan Companies, Inc.
Intermedix PHH Corporation Intermolecular, Inc.
Progress World Finer Foods InVivo Therapeutics Holdings Corp.
Account Control Technology Holdings, Inc. BECU HomeStreet, Inc.
Jernigan Capital, Inc. Compass Minerals Asana Partners
Itron, Inc. USA Technologies, Inc. Spok Holdings, Inc.
Kansas City Life Insurance Company Federal Signal Corporation Bridgevine Inc.
Edison Interactive Ballantyne Strong, Inc. USA Compression Partners, LP
Westmoreland Coal Company National Instruments Corporation Calix, Inc.
EPAM Systems, Inc. Glen Burnie Bancorp

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Image may be NSFW.
Clik here to view.

Catriona Fallon

Silver Spring Networks, Inc. [SAN JOSE, Calif.] (NYSE: SSNI) announced that Catriona Fallon has joined the company as Chief Financial Officer. Fallon joins Silver Spring from Marin Software, where she was Executive Vice President and CFO. Prior to Marin Software, Fallon held strategic financial roles for Cognizant and Hewlett-Packard Company. Previously, Fallon was a research analyst for Citigroup Investment Research and Piper Jaffray & Company.

Ominto, Inc. [BOCA RATON, Fla.] (NASDAQ: OMNT) announced that Raoul Quijada has been promoted to Chief Financial Officer from Interim Chief Financial Officer. Mr. Quijada joined the company in June 2016. Immediately prior to joining the company, Mr. Quijada worked at Afligo Marketing Services, Inc., where he served as Senior VP of Finance and Operations. From 2005 through 2007, Mr. Quijada was the Senior Director of Finance at Newell Rubbermaid, the Director of Strategic Planning & Analysis from 2003 to 2005, and the Director of Finance-LAC Division from 1998 to 2003. Mr. Quijada started his career at Price Waterhouse Coopers LLP.

Image may be NSFW.
Clik here to view.

Laura Murphy-Wolf

The Crosby Group [TULSA, Okla.] announced the hiring of Laura Murphy-Wolf as Vice President and Chief Financial Officer. Ms. Murphy-Wolf was most recently the CFO of Faro Technologies. Prior to that, she spent six years in a variety of increasingly senior financial positions at Stericycle, Inc., serving ultimately as the Vice President Finance / CFO of Healthcare Compliance Solutions. Prior to her time at Stericycle, Ms. Murphy-Wolf was the Vice President and Chief Financial Officer of Philips Lighting Electronics, North America. Early in her career, Laura spent 15 years in a variety of senior financial roles at Ford Motor Company in the United States and internationally.

Oconee Federal Financial Corp. [SENECA, S.C.] (NASDAQ: OFED) announced that John W. Hobbs has been appointed to the positions of Senior Vice President and Chief Financial Officer of Oconee and Oconee Federal. Mr. Hobbs previously served as the Chief Financial Officer of Greer Bancshares, where he worked beginning in 2011. Mr. Hobbs has served as the Chief Financial Officer for multiple financial institutions and their holding companies located in South Carolina as part of a career that has included nearly 30 years in the banking industry.

Clune Construction [CHICAGO] announced that Tom Nickele has been named as Managing Director, Chief Financial Officer. Nickele has more than 20 years of experience as a Chief Financial Officer and oversees the Accounting/Finance, Human Resources and IT areas for the Company.

Marsh & McLennan Companies, Inc. [NEW YORK] (NYSE: MMC) announced that Keith Walsh has been appointed Chief Financial Officer of the Company’s Risk and Insurance Services (RIS) segment, which includes Marsh and Guy Carpenter. In this role, Mr. Walsh will also serve as Chief Financial Officer of Marsh. Mr. Walsh succeeds Courtney Leimkuhler, who is leaving the Company to pursue an opportunity outside the industry. Ms. Leimkuhler joined MMC in 2013. Since 2012, Mr. Walsh has been MMC’s Global Head of Investor Relations. Prior to joining MMC, Mr. Walsh spent 13 years as an equity research analyst at Citi. He began his career as a research associate at Smith Barney, then a unit of Citigroup.

Image may be NSFW.
Clik here to view.

Kyle Wailes

Intermedix [NASHVILLE, TENN.] announced the appointment of Kyle Wailes as chief financial officer. Wailes started his tenure at Intermedix in 2012 as vice president of strategy, business development and analytics. Prior to his appointment as CFO, Wailes was an executive vice president at Intermedix. Wailes has more than 10 years of experience in the health care industry working at many noteworthy private and public companies such as Thomas Weisel Partners, Altaris Capital Partners and Citigroup. Before joining Intermedix, Wailes was a key member in the health care investment banking division at Citigroup.

PHH Corporation [MOUNT LAUREL, N.J.] (NYSE: PHH) announced that Michael Bogansky, who previously served as Senior Vice President, Controller, has been appointed Chief Financial Officer. He replaces Robert Crowl, who has served as the Company’s Chief Financial Officer since 2012, and has been appointed Chief Operating Officer. Michael Bogansky has served as Senior Vice President and Principal Accounting Officer of PHH since 2014. Mr. Bogansky joined PHH in 2003 as Manager of Financial Reporting and has held roles of increasing responsibility in the accounting and finance functions, including serving as Vice President, Financial Reporting of PHH Mortgage from 2009 to 2010 and serving as the Company’s Vice President and Assistant Controller from 2010 to 2012 and as the Company’s Vice President and Controller since 2012. Prior to joining PHH in 2003, he served as a Senior Auditor with Deloitte & Touche LLP.

Intermolecular, Inc. [SAN JOSE, Calif.] (NASDAQ: IMI) announced that Bill Roeschlein, currently Vice President of Finance and Corporate Controller, has been named Chief Financial Officer following the retirement of Rick Neely. Bill Roeschlein has served as IMI Vice President of Finance since August 2015. Prior to joining IMI, he was CFO at Aurora Algae, Power Integrations and Determine Software, Inc. He also held senior financial management positions at Ultra Clean Technology, Asyst Technologies and Hewlett Packard.

Progress [BEDFORD, Mass.] (NASDAQ: PRGS) announced that Paul Jalbert, chief accounting officer, has been named chief financial officer. Jalbert replaces Kurt Abkemeier, who will leave the company. Jalbert has been chief accounting officer since joining the company in August 2012. Jalbert has experience from companies, including UnitedHealth Group, Picis, Keane, Genuity and Verizon.

 

World Finer Foods [BLOOMFIELD, N.J.] has chosen William Flynn as its Chief Financial Officer. Flynn joins World Finer Foods after 12 years at Sharp Americas, first as vice president and controller, and for the last seven years as senior vice president and chief financial officer. Prior to Sharp, Flynn was international controller at AT&T.

InVivo Therapeutics Holdings Corp. [CAMBRIDGE, Mass.] announced the appointment of Christopher McNulty as Chief Financial Officer. He will be taking over for the interim CFO, Melanie Morel-Ferris, who will remain as the company’s Senior Director, Finance and Controller. Prior to being appointed Chief Financial Officer, Mr. McNulty served at InVivo as Senior Vice President, Business Development and Investor Relations. Prior to joining InVivo, Mr. McNulty served as Senior Director, Business Development of Repligen Corporation. Previously, he served as Director, Corporate Development at Seventh Sense Biosystems.

Image may be NSFW.
Clik here to view.

Maureen Burke

Account Control Technology Holdings, Inc. [WOODLAND HILLS, CALIFORNIA] announced the hire of Maureen Burke as Chief Financial Officer (CFO). Before joining ACT Holdings, Burke held CFO and major financial project management positions at large global companies, including Tatum (a Randstad company), Wilsonart, LLC, Gap, Inc., Sears Holdings Corporation, and Renessen LLC. She also served as Vice President of Finance for Monsanto/NutraSweet. Burke has also worked within Merrill Lynch.

BECU [SEATTLE] announced that Melba Bartels will join the company as chief financial officer. Bartels currently serves as CFO and senior executive vice president at HomeStreet Bank. Before HomeStreet Bank, Bartels spent six years at JPMorgan Chase, serving as CFO of the Auto Finance and Student Lending Division, and senior vice president and finance director for the Auto Finance Division. She held numerous financial leadership positions during 20 years of service at Washington Mutual Bank. Additionally, she spent two years at Ragen Mackenzie Group, Inc., where she served as a sell side equity analyst.

HomeStreet, Inc. [SEATTLE] (NASDAQ: HMST) announced that Melba Bartels, Senior Executive Vice President and Chief Financial Officer, has given notice that she will be leaving the Company to pursue another opportunity in the industry.

Jernigan Capital, Inc. [MEMPHIS, Tenn.] (NYSE: JCAP) announced the promotion of Kelly P. Luttrell to Senior Vice President, Chief Financial Officer and Treasurer. Ms. Luttrell will also serve as Senior Vice President, Chief Financial Officer and Treasurer of the Company’s advisor. Ms. Luttrell succeeds William C. Drummond, who will retire from the Company. Ms. Luttrell served as the Company’s Corporate Controller since September 2015 and added the title Vice President of Financial Reporting in July 2016. Prior to joining the Company, Ms. Luttrell served as Controller and Finance Director of MicroPort Orthopedics, Inc. Prior to joining MicroPort, Ms. Luttrell was in the audit practice at Ernst & Young for 11 years.

Compass Minerals [OVERLAND PARK, Kan.] (NYSE: CMP) announced the appointment of Patrick “Doug” Linehan as the company’s chief financial officer. Linehan joins Compass Minerals having spent the last 17 years at ConAgra Foods, Inc. where he held a variety of finance and accounting leadership positions of increasing responsibility. He most recently served as senior vice president, finance of ConAgra’s consumer brands business. Prior to this role, he served as senior vice president, corporate controller. Linehan began his career at Deloitte LLP in the firm’s accounting and auditing practice.

Image may be NSFW.
Clik here to view.

Micah Holton

Asana Partners [CHARLOTTE, N.C.] announced Micah Holton has joined the company as Chief Financial Officer. Holton previously was Senior Vice President and Chief Accounting Officer of MAA. Holton previously worked with Ernst & Young LLP.

Itron, Inc. [LIBERTY LAKE, Wash.] (NASDAQ: ITRI) announced that Mark Schmitz, the company’s executive vice president and chief financial officer (CFO) since September 2014, will be stepping down from the position. The company has engaged a firm to conduct an external search for qualified candidates to fill the position. During the transition, Robert Farrow, Itron’s current vice president, strategic planning and treasury, will serve as interim CFO of the company until the search for a permanent replacement is complete. Schmitz will remain available for one month to ensure a smooth transition during the first quarter accounting close. Farrow joined Itron in October 2015 with 35 years of finance and treasury experience. Before joining the company, he served as vice president, financial services and treasury and as corporate treasurer for Alghanim Industries, which he joined in June 2009. From 1994 to 2009, Farrow held positions of increasing responsibility in finance and treasury at General Electric, including CFO of GE Hydro.

USA Technologies, Inc. [MALVERN, Pa.] (NASDAQ: USAT) announced that Priyanka Singh has been appointed as the company’s new Chief Financial Officer. She replaces interim CFO, Leland P. Maxwell, who will continue with USAT in a senior finance role. Ms. Singh joins the company from Global Payments Inc. Following the acquisition by Global Payments of Heartland Payment Systems in 2016, Ms. Singh was Vice President, Product Strategy and Innovation and Division CFO for Heartland Commerce. Prior to the acquisition, she spent five years at Heartland Payment Systems, most recently as the Divisional CFO of the Heartland Commerce units and prior thereto as Vice President, Financial Planning and Analysis. Previous to that, she spent several years with General Electric in various leadership roles at both GE Capital and GE Healthcare.

Spok Holdings, Inc. [SPRINGFIELD, Va.] (NASDAQ: SPOK) announced that Michael W. Wallace has joined the Company as its new Chief Financial Officer (CFO). He will succeed Shawn E. Endsley in that position, who will assume the role of Chief Accounting Officer. Wallace joins Spok from Intermedix, where he was Executive Vice President and CFO since August 2013. Prior to that, he served as Senior Vice President and CFO of Radiology Corporation of America. Wallace has also served as an Assistant Chief Accountant in the Securities and Exchange Commission’s (SEC) Division of Enforcement and was a member of the Commission’s Financial Fraud Task Force in Washington, D.C. Prior to being at the SEC, Wallace served as CFO at Inktel Direct, Corp., CELLIT Technologies, Inc., and Kellstrom Industries, Inc. Before joining Kellstrom, Wallace worked at KPMG Peat Marwick, LLP in Miami for more than seven years.

Kansas City Life Insurance Company [KANSAS CITY, Mo.] announced that Tracy W. Knapp, Senior Vice President, Finance and a member of the Board of Directors, has notified the Chairman of his intent to leave the Company and resign from the Board. Mr. Knapp joined Kansas City Life in 1998. He was elected President and CEO of Generations Bank when it was chartered in July 2000 and served in that capacity until its sale in 2006. Mr. Knapp became Senior Vice President, Finance, and the Chief Financial Officer of Kansas City Life in 2002. He was elected to the Board of Directors that same year and has served on the Executive Committee.

Federal Signal Corporation [OAK BROOK, Ill.] (NYSE: FSS) announced that it has promoted Ian A. Hudson to the position of Interim Chief Financial Officer. Mr. Hudson succeeds Brian S. Cooper, CFO since May 2013, who has left the Company to pursue other opportunities. Mr. Cooper has entered into a consulting agreement with the Company and will work with Mr. Hudson to facilitate an orderly transition. Mr. Hudson has served as Vice President and Corporate Controller for the Company since August 2013, and will continue to serve in these capacities. From June 2012 to August 2013, Mr. Hudson served as Groupon Inc.’s Director of Accounting for Latin America and Asia Pacific and prior to that role, he worked at Ernst & Young LLP for 14 years. For several years there, he served as the Senior Audit Manager on the Company’s account.

Bridgevine Inc. [ATLANTA] announced John Pumpelly as its new Chief Financial Officer (CFO). Pumpelly joins Bridgevine from Stratix Corporation, where he served as their CFO. Throughout his career, Pumpelly held positions at key companies that gave him both a strategic and financial lens, including BellSouth, Cbeyond and the home security company, Protection One.

Image may be NSFW.
Clik here to view.

Ron Singh

Edison Interactive [DENVER, CO] announced that Ron Singh will join as CFO. Prior to joining Edison Interactive, he served as Managing Director of Silicon Valley Bank.

Ballantyne Strong, Inc. [Omaha, Nebraska] appointed Lance V. Schulz as Senior Vice President, Chief Financial Officer and Treasurer of the Company. He replaces Ryan M. Burke, who will continue as Corporate Controller for the company. Mr. Schulz served as Managing Director, Accounting for TD Ameritrade Holding Corporation, where he managed accounting, corporate tax and external reporting functions, from 2007 to 2016. Prior to that, he served as Director, External Reporting, for TD Ameritrade Holding Corporation from 2000 to 2007. Mr. Schulz has served as a consultant for publicly-traded and privately-held companies on finance, technical accounting and SEC financial reporting matters since 2016. Prior to TD Ameritrade, he held positions with Werner Enterprises, Inc., including Director of Accounting from 1996 to 2000 and Manager of Financial Reporting from 1994 to 1996. From 1990 to 1994, he was a Senior Associate at Coopers & Lybrand (now known as PricewaterhouseCoopers).

USA Compression Partners, LP [Austin, TX] has appointed G. Tracy Owens as the Vice President of Finance and Chief Accounting Officer of the General Partner and designated Mr. Owens as the principal accounting officer of the Partnership. Prior to his appointment, Mr. Owens, served as Vice President and Chief Accounting Officer of Southcross Energy Partners GP, LLC, the general partner of Southcross Energy Partners, L.P.  (“Southcross”) from August 2015 until December 2016.  Before joining Southcross, Mr. Owens served as Controller for Alon USA Energy, Inc., since 2006. Prior to joining Alon, Mr. Owens served as Controller for Hunt Refining Company from 1996 until 2006 and as Senior Manager at KPMG LLP from 1986 until 1996.

Westmoreland Coal Company [Englewood, CO] (NASDAQ: WLB) announced that Gary Kohn has been promoted to Chief Financial Officer. Kohn has been serving as interim Chief Financial Officer since November 2016. Kohn joined Westmoreland in April 2016 and served as Vice President of Investor Relations and Treasurer until his promotion to Interim Chief Financial Officer in November 2016. Prior to joining Westmoreland, Kohn served in leadership roles in investor relations, treasury and finance at companies including First Data, Western Union, Ciber, and Intrepid Potash.

National Instruments Corporation [Austin, Texas] announced the appointment of Karen Rapp to serve as the Chief Financial Officer. Ms. Rapp joins NI from NXP Semiconductors N.V., where she served as Senior Vice President of Corporate Development since NXP’s acquisition of Freescale Semiconductor (“Freescale”) in December 2015. Ms. Rapp previously served in several positions at Freescale, including Vice President and Chief Information Officer from April 2013 to December 2015 and Director of Operations and Finance, Global Sales and Marketing from April 2010 to April 2013.

Calix, Inc. [PETALUMA, Calif.] (NYSE: CALX) announced that William Atkins, Executive Vice President and Chief Financial Officer, has given notice that he will be leaving the Company to pursue another opportunity in the industry.

EPAM Systems, Inc. [NEWTOWN, Pa.] (NYSE: EPAM) announced that Jason Peterson will join EPAM, and will succeed Anthony Conte as CFO. In his most recent role, Peterson was Vice President of Finance, M&A and Due Diligence. Prior to that, he was CFO of the Emerging Business Accelerator and led the Corporate Financial Planning and Analysis function at Cognizant. Prior to joining Cognizant, Peterson was the CFO for E&C Medical Intelligence, and before that, he served as Vice President of ATI Technologies. He previously held financial roles at Philips Semiconductors and Hewlett-Packard.

Glen Burnie Bancorp [GLEN BURNIE, Md.] (NASDAQ: GLBZ) announced the appointment of Jeffrey D. Harris as Senior Vice President, Chief Financial Officer and Treasurer of the Bank; and Treasurer and Chief Financial Officer of the Bancorp.

CFO Moves – week ending April 7, 2017

CFO Moves this week include:

Sound United Etsy, Inc. Umbel
DLT Solutions Templar Energy LLC NeoPhotonics Corporation
Enclara Pharmacia Ocular Therapeutix, Inc. Growth Coach
STAAR Surgical Company Brinker International, Inc. Renovate America
Burnham Benefits Insurance Services Kateeva Xenetic Biosciences, Inc.
SonicWall HomeStreet, Inc. Varian Medical Systems
PharmScript Homology Medicines, Inc OppLoans
Village Nurseries Wholesale NightstaRx Ltd Flatiron Health
Kaiser Permanente Northern California Minnesota Medical Technologies Corporation MEI Pharma, Inc.
NanoSteel®

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Image may be NSFW.
Clik here to view.

Pete Harper

Sound United [VISTA, Calif.] announced the appointment of Pete Harper as chief financial officer. In addition, Harper will be instated as CFO for DEI Holdings, Inc., parent to Sound United and other well-known brands in consumer electronics, like Viper and Autostart. Prior to joining DEI, Harper served as president and CFO of Twin-Star International. Harper has played many leading roles, including positions as CFO at Scottsdale Insurance, Suntron and Iomega. He also spent 15 years at General Electric in various financial positions.

Etsy, Inc. [BROOKLYN, N.Y.] (NASDAQ: ETSY) announced the appointment of Rachel Glaser as Chief Financial Officer. Rachel succeeds Kristina Salen, who is retiring. Rachel joins Etsy from Leaf Group, where she has served as CFO since 2015. Before that, she was CFO at Move, Inc. Prior to this role she served as Chief Operating and Financial Officer at MyLife.com. Rachel also previously held the role of Senior Vice President, Operations Finance at Yahoo! and began her career at The Walt Disney Company, where she spent nearly 20 years in escalating roles of responsibility on the finance, operations, and technology teams.

Umbel [AUSTIN, TEXAS] announced the appointment of Iser Cukierman as CFO. Cukierman brings 25+ years of financial experience from Cimation, Virtual Bridges, Fiserv and Accenture.

Image may be NSFW.
Clik here to view.

Joe Donohue

DLT Solutions [Herndon, Va.] announced the appointment of Joe Donohue as the company’s new Chief Financial Officer. Prior to joining DLT, Donohue was most recently the Chief Financial Officer and Chief Compliance Officer of Agilex Technologies. His previous roles also include Practice Area Leader and Business Manager at Integic Corp; and Finance Director and Investor Relations Director at Legent Software.

Templar Energy LLC [OKLAHOMA CITY] announced the appointment of Joe Pukaite as Senior Vice President and Chief Financial Officer. Pukaite joins Templar from Freeport-McMoRan Oil & Gas LLC. Pukaite served in increasing roles of importance, most recently as Treasurer from 2013 to 2017. Pukaite began his career in operations as an engineer with Schlumberger.

NeoPhotonics Corporation [SAN JOSE, Calif.] (NYSE: NPTN) announced that Ray Wallin, Chief Financial Officer, will resign from his position and will remain as a consultant to the Company for a three-month transition period. Mr. Wallin has served as the CFO of NeoPhotonics since December 2013.

Enclara Pharmacia [PHILADELPHIA] announced the appointment of Stephen C. Phenneger as chief financial officer. He was previously an operating partner at Cressey & Company. Prior to Cressey & Company, he served as director, Development and FP&A, IdeaSphere, Inc., and senior manager, Transaction Services.

Ocular Therapeutix, Inc. [BEDFORD, Mass.] (NASDAQ: OCUL) announced the appointment of George Migausky as interim Chief Financial Officer. Mr. Migausky replaces Brad Smith who recently relinquished his role as CFO at the Company. Most recently, Mr. Migausky was Executive Vice President and Chief Financial Officer of Dyax Corp. Previously, Mr. Migausky served as the CFO of Wellstat Management Company. Prior to this, he held CFO positions at several companies, including IGEN International, Inc. Mr. Migausky is on the Boards of Dimension Therapeutics, Inc. and Hyperion Catalysis International, and is a trustee at the Massachusetts Ear and Eye Infirmary.

Image may be NSFW.
Clik here to view.

Jonathan Chiodo

Growth Coach [BALTIMORE, MARYLAND] announced that Jonathan Chiodo has joined the company as Chief Financial Officer. Before joining The Growth Coach of Greater Baltimore, Jon was a Middle Market Relationship Banker with M&T Bank.

STAAR Surgical Company [MONROVIA, Calif.] (NASDAQ: STAA) announced that Steve Brown has resigned his position as Chief Financial Officer. Deborah Andrews, currently Chief Accounting Officer, will step in as Interim CFO.  Deborah was formerly CFO of STAAR from 2005 to 2013.

Brinker International, Inc. [DALLAS] (NYSE: EAT) announced the resignation of Executive Vice President (EVP) and Chief Financial Officer (CFO) Tom Edwards, who is retiring. Joe Taylor, a 17-year Brinker veteran who currently serves as Vice President Investor Relations and Treasurer, will assume the role of interim CFO until a permanent successor is named.

Renovate America [SAN DIEGO] announced the appointment of former Freddie Mac executive Paige Wisdom as chief financial officer. Wisdom served as chief enterprise risk officer and executive vice president at Freddie Mac from 2010 to 2015. In addition to her role at Freddie Mac, Wisdom served as CFO for key business units at Bank of America, including Global Business and Financial Services; Business, Lending, and Global Technology; and Service and Fulfillment. Additionally, she has held leadership positions with Bank One Corporation/J.P. Morgan, and UBS/Swiss Bank. Most recently, she was CFO at Exeter Finance Corp.

Image may be NSFW.
Clik here to view.

Steve Vilas

Burnham Benefits Insurance Services [IRVINE, CA] announce the appointment of Steve Vilas as chief financial officer and partner. Prior to joining Burnham, Vilas served as chief operating officer of employee benefits at Edgewood Partners Insurance Center, LLC, and as chief financial officer at both VRT Insurance Services, Inc. and Sitzmann Morris & Lavis.

Kateeva [NEWARK, CA] announced that Stephen (Steve) Going has been appointed Chief Financial Officer (CFO). Going joined Kateeva in October 2016 as Executive Vice President & General Counsel. He retains that role and adds CFO to his new responsibilities. Prior to Kateeva, he was Senior Vice President, General Counsel and Secretary at Planar Systems, Inc. Before joining Planar Systems, Going was Vice President, General Counsel and Secretary at Merix Corporation. Prior to joining Merix, he held the same role at Merant PLC. Prior to Merant, Going was a Partner in the Portland office of Perkins Coie LLP. Going began his career as a Financial Analyst at Chevron Corporation.

Xenetic Biosciences, Inc. [LEXINGTON, Mass.] (NASDAQ: XBIO) announced that it has appointed James F. Parslow as Chief Financial Officer. Prior to joining Xenetic, Mr. Parslow most recently served as Chief Financial Officer, Treasurer and Secretary of World Energy Solutions, Inc., from 2006 until 2015. From 2004 to 2006, Mr. Parslow served as Chief Financial Officer of Spire Corporation.

Image may be NSFW.
Clik here to view.

Ravi Chopra

SonicWall [SANTA CLARA, Calif.] announced that Ravi Chopra has joined the company as the company’s new Chief Financial Officer (CFO). Chopra joins the SonicWall team after 13 years at Juniper Networks where he held a number of financial leadership positions. Most recently, he served as Corporate Vice President of Business Finance. Prior to his time at Juniper Networks, Chopra spent four years at Cisco Systems.

HomeStreet, Inc. [SEATTLE] (NASDAQ: HMST) announced that Mark R. Ruh, the Company’s Senior Vice President, Corporate Development & Strategic Investments, has been appointed by the Company’s Board of Directors to serve as Interim Chief Financial Officer following the previously announced departure of the Company’s current Chief Financial Officer. Mr. Ruh was a Managing Director at Commerce Street Investment Management prior to joining HomeStreet in early 2017. He also served as Chief Financial Officer of Mission Community Bancorp in San Luis Obispo, California from 2011 to 2012 and was a director of Mountain Commerce Bancorp in Knoxville, Tennessee in 2016 and early 2017.

Varian Medical Systems [PALO ALTO, Calif.] (NYSE: VAR) announced it has named Gary E. Bischoping, Jr. of Dell Technologies as Chief Financial Officer. Bischoping will replace Elisha W. Finney who earlier announced her retirement after serving Varian for more than 29 years including more than 18 years as Varian Medical Systems’ first CFO. Bischoping has served Dell for the last 17 years, most recently as CFO of its Client Solutions Group. He previously served as CFO of Dell’s Enterprise Solutions Group & Commercial Business, and Treasurer. He has also held management roles in financial planning & analysis, risk management and commercial financing at Dell. Before joining Dell, Bischoping worked in financial management consulting for Stern Stewart & Company, Xerox and the SK Group.

 

PharmScript [SOMERSET, N.J.] announced the addition of new chief financial officer John McDonough. Prior to joining PharmScript, McDonough held several leadership positions within American Renal Associates, serving first as the chief financial officer, and then the chief operating officer. Previously, McDonough also served in financial leadership roles at DaVita, Palatin Technologies, MedChem Products, and KPMG.

Homology Medicines, Inc. [BEDFORD, Mass.] announced that Brad Smith has been appointed Chief Financial Officer. Prior to joining Homology Medicines, Mr. Smith served as CFO of Ocular Therapeutix, Inc. Previously, Mr. Smith served as CFO of several other healthcare companies, including OmniGuide Surgical, NeuroMetrix, Inc., SYNARC, PatientKeeper, Inc. and Focal, Inc.

OppLoans [CHICAGO] announced the appointment of Shiven Shah to the role of Chief Financial Officer. Shah comes to OppLoans from ABN AMRO Clearing where he served in the role of Chief Financial Officer since 2015. Prior to ABN AMRO, Shah held senior financial leadership positions at PEAK6, Citigroup, and Merrill Lynch.

Village Nurseries Wholesale [ORANGE, Calif.] announced Rick Rehm has been named the company’s new chief financial officer, replacing Wayne Johnson, who is retiring after 16 years of service with the company. Mr. Rehm most recently served at Bank of the West (BOTW) as vice president and senior relationship manager. Prior to working at BOTW Rick worked for Bordier’s Nursery in Irvine as their vice president of finance and CFO. He also served as financial planning manager at West Covina, Eggs West/Bakers Choice and as assistant vice president and loan officer at Orange Production Credit Association of Garden Grove, Calif. In addition, he served on the insurance advisement committee of the California Association of Nurserymen and is a committeeman on the Fresh Produce and Floral Council.

NightstaRx Ltd [BOSTON & LONDON] announced that Senthil Sundaram has joined the company as Chief Financial Officer. Prior to joining Nightstar, Mr. Sundaram was the Vice President and Head of Business and Corporate Development at Intercept Pharmaceuticals, Inc. Prior to joining Intercept, Mr. Sundaram spent 13 years at Lehman Brothers/Barclays, Citigroup and Lazard.

Flatiron Health [NEW YORK] announced that Jason Harinstein, former Senior Vice President of Corporate Development at Groupon, joined the company as Chief Financial Officer and member of the company’s Executive Committee. Since March 2011, Jason served as Groupon’s Senior Vice President of Corporate Development and a member of their senior executive team. Prior to Groupon, Jason was a senior member of the Corporate Development team at Google.

Image may be NSFW.
Clik here to view.

CJ Bhalla

Kaiser Permanente Northern California [OAKLAND, Calif.] announced that senior executive CJ Bhalla has been selected as its new senior vice president and chief financial officer. Bhalla joined Kaiser Permanente in 2006 with successive promotions as chief financial officer of the national information technology unit and vice president, national financial performance and planning. Prior to joining Kaiser Permanente, Bhalla was a senior vice president at Charles Schwab & Co, and held numerous senior management positions at Household International Inc. (now HSBC).

Minnesota Medical Technologies Corporation [STEWARTVILLE, Minn.] announced that David A. Jonas has joined the Company as its Chief Financial Officer (CFO). Mr. Jonas will also serve on the Company’s Board of Directors.

MEI Pharma, Inc. [SAN DIEGO] (NASDAQ: MEIP) announced the appointment of Brian Drazba as Chief Financial Officer. He succeeds Thomas Zech, who has served as the Company’s Chief Financial Officer since June 2010. Mr. Drazba served as Vice President of Finance and Chief Financial Officer of Heron Therapeutics, Inc. from October 2013 to March 2017. From June 2009 to December 2012, he was Vice President of Finance and Chief Accounting Officer for ISTA Pharmaceuticals, Inc. From 1992 to 2009, Mr. Drazba held various positions of increasing responsibility within Insight Health Corp., most recently as Senior Vice President and Chief Accounting Officer. He began his career at Arthur Andersen & Co., a public accounting firm.

Image may be NSFW.
Clik here to view.

Rhonda Landers

NanoSteel® [PROVIDENCE, R.I.] announced that Rhonda Landers has joined the organization as Chief Financial Officer. Ms. Landers comes to NanoSteel most recently from Transas. She held CFO positions at companies such as Globe Wireless, Seawave LCC and Instrumentation Laboratory. Ms. Landers began her career at PriceWaterhouseCoopers.

Viewing all 281 articles
Browse latest View live


<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>