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CFO Moves – week ending December 14, 2018

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CFO Moves this week include:

Avon Lockheed Martin Gentherm
Myers Industries, Inc. Bellicum Pharmaceuticals, Inc. Owens & Minor, Inc.
Coeur Mining, Inc. TeamSupport Mr. Cooper Group Inc.
Alder BioPharmaceuticals, Inc. Casa Systems, Inc. The Madison Square Garden Company
Spirit AeroSystems Oil-Dri Corporation of America Visioneering Technologies
Nkarta Therapeutics Summit Midstream Partners, LP Sonoma Pharmaceuticals, Inc.
GlobalTranz Enterprises, Inc. Wizeline Act-On Software
Axalta Coating Systems Ltd. PAS Global LLC Midas
Westmoreland Coal Company Freed-Hardeman University Kenwal Steel Corp.
Franklin Financial Network, Inc. Esquire Financial Holdings, Inc. Medallia, Inc.
Cromedy Construction Corporation

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

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

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Gustavo Arnal

Avon [LONDON] (NYSE: AVP) announced that Gustavo Arnal has been appointed Executive Vice President and Chief Financial Officer, effective during Spring 2019. Jamie Wilson, Avon’s current Chief Financial Officer, has chosen to step down. Gustavo joins from Walgreens Boots Alliance (WBA), where he has served as Senior Vice President, CFO of International Divisions and Global Functions. Prior to WBA, Mr. Arnal worked for over 20 years with Procter & Gamble (P&G). His responsibilities at P&G included Vice President, CFO India, Middle East and Africa. He was Vice President, CFO of Global Fabric & Home Care. Mr. Arnal was CFO of Global Personal Beauty Care. He was the Finance Director of P&G’s worldwide Financial Planning & Analysis department. Earlier, Mr. Arnal was CFO for all of P&G’s categories in Brazil and was Finance Manager in Mexico for Health and Beauty Care products.

Lockheed Martin [BETHESDA, Md.] appointed Kenneth R. Possenriede as executive vice president and chief financial officer, succeeding Bruce L. Tanner, who intends to retire in mid-2019. Possenriede’s appointment is effective Feb. 11, 2019. Possenriede is currently vice president of Finance and Program Management at Aeronautics. Prior to his current role, Possenriede was vice president and treasurer for Lockheed Martin from 2011 to 2016. Previously, he served as vice president of Finance and Business Operations for the corporation’s former Electronic Systems business area; vice president of Finance and Business Operations for Space; and vice president of Finance and Business Management for the prior Mission Systems and Solutions (MS2) line of business. He also served as chief financial officer for Lockheed Martin United Kingdom and from 2001 to 2003 Possenriede was seconded as Interim CEO and EVP CFO at Exostar.

Gentherm [NORTHVILLE, Mich.] (NASDAQ: THRM) announced that Matteo Anversa will join the Company’s leadership team as Executive Vice President, Chief Financial Officer and Treasurer on January 1, 2019. Anversa succeeds Barry Steele as Gentherm’s CFO. Steele will step down as the Company’s Vice-President of Finance, Chief Financial Officer and Treasurer effective upon Anversa’s start date. Steele will provide transition services through February 15, 2019. Anversa joins Gentherm from Myers Industries, Inc. where he was Executive Vice President, CFO since December 2016. Prior to Myers Industries, he was the Vice President, Group FP&A for Fiat Chrysler Automobiles N.V. since April 2015. He joined FCA in 2013 as the CFO for Ferrari SpA. Anversa began his career with General Electric Corporation where he held various leadership roles during his 16-year tenure, including CFO, GE Gas Engines; Global FP&A Manager, GE Transportation; and CFO, GE Consumer & Industrial, Asia Pacific.

Myers Industries, Inc. (NYSE: MYE) [AKRON, Ohio] announced that Kevin Brackman, former Chief Accounting Officer of the Company, has been promoted to Executive Vice President and Chief Financial Officer. Mr. Brackman succeeds Matteo Anversa, who is leaving the Company to accept another professional opportunity. Brackman began his career at Coopers & Lybrand LLP in its audit group before moving to Chiquita Brands International. While at Chiquita, Mr. Brackman held various finance and operational roles for more than 10 years. Prior to joining Myers, Mr. Brackman spent six years at Ingersoll Rand, where he oversaw the technical accounting and financial reporting group and later the financial planning and analysis division. Mr. Brackman joined Myers Industries as Vice President, Corporate Controller in 2015 and was promoted to Chief Accounting Officer in 2017.

Atabak Mokari

Bellicum Pharmaceuticals, Inc. [HOUSTON] (NASDAQ: BLCM) announced the appointment of Atabak Mokari as Chief Financial Officer. Mr. Mokari joins Bellicum from IRIDEX Corporation where he served as Chief Financial Officer and VP Corporate Development. Prior to that, Mr. Mokari served as a senior healthcare investment banker at Wells Fargo Securities from September 2013 to July 2016, at UBS from September 2009 to July 2013, and at Credit Suisse from July 2005 to February 2009. Earlier in his career, Mr. Mokari served as an analyst at private equity firm Olympus Partners, and investment banking firm Bowles Hollowell Conner & Co.

Owens & Minor, Inc. [RICHMOND, Va.] (NYSE: OMI) announced the appointment of Robert K. Snead as Executive Vice President & Chief Financial Officer. Snead has served as Interim Chief Financial Officer since June 2018. Snead joined Owens & Minor in 2010 as Vice President of Corporate Development. Snead also served as Treasurer of the company. Most recently, Snead served Owens & Minor as Group Vice President, Finance for the Global Solutions Strategic Business Unit. Before joining Owens & Minor, Snead served as a director in the mergers and acquisitions group of Barclays Capital in New York.

Coeur Mining, Inc. [CHICAGO] (NYSE: CDE) announced the appointment of Thomas S. Whelan as Senior Vice President (“SVP”) and Chief Financial Officer (“CFO”), effective January 1, 2019. Mr. Whelan will succeed Peter C. Mitchell, who has served as SVP and CFO since 2013. Prior to joining Coeur, Mr. Whelan served as CFO of Arizona Mining Inc. from September 2017 to August 2018, when the company was acquired from South32 Limited. Previously, Mr. Whelan served as CFO for Nevsun Resources Ltd. from January 2014 to August 2017.

TeamSupport [DALLAS] announced that Corbin Baumel has joined the company as Chief Financial Officer. Prior to joining TeamSupport, he served in key financial leadership positions at high-growth companies, most recently as Vice President of Finance at RealPage, Inc., where he served as Divisional CFO of the company’s Asset Optimization business after engineering the acquisition of Axiometrics, where he served as CFO. Before that, Baumel held critical leadership roles at Platinum Training, Ecova, and LPB Energy Management.

Christopher Marshall

Mr. Cooper Group Inc. [DALLAS] (NASDAQ: COOP) announced the appointment of Christopher Marshall as Vice Chairman, a newly created officer position, effective January 2, 2019 and as Chief Financial Officer, effective immediately following the filing of the company’s Annual Report on Form 10-K for fiscal year 2018. Marshall most recently served as co-founder and CFO of Capital Bank Financial Corp. since 2009. Previously, Marshall served as Chief Restructuring Officer and Senior Advisor to the CEO at GMAC, Inc. and as CFO at Fifth Third Bancorp. Prior to that, Marshall was a member of the management operating committee at Bank of America and held key leadership roles including CFO of the Consumer Products Group and Chief Operating Officer of the Global Consumer and Small Business Bank. Marshall will succeed Amar Patel, who has been serving as interim CFO since March 2017.

Alder BioPharmaceuticals, Inc. [BOTHELL, Wash.] (NASDAQ: ALDR) announced the appointment of Carlos Campoy as Chief Financial Officer. Campoy served as Vice President of Finance, International at Allergan plc. Prior to joining Allergan, Campoy had an 18-year tenure at Eli Lilly and Company, where he held a number of senior financial leadership positions including Chief Financial Officer, Eli Lilly Japan K.K.  He also served as U.S. Senior Director of Finance and Chief Financial Officer for the U.S. Specialty sales and marketing team.  He most recently served as Partner of Think Forwards.

Casa Systems, Inc. [ANDOVER, Mass.] (NASDAQ: CASA) announced that it has appointed Maurizio Nicolelli as its Chief Financial Officer, beginning in January 2019. Before joining Casa Systems, Nicolelli served as Principal and Chief Financial Officer of FactSet Research Systems Inc. since October 2009. Nicolelli joined FactSet and its finance group in 1996 as the Senior Accountant and served as its Chief Accountant from 1999 to 2001. From 2002-2009, he served as Comptroller and Vice President. Prior to joining FactSet, he was employed at PricewaterhouseCoopers LLP.

The Madison Square Garden Company [NEW YORK] (NYSE: MSG) announced that Victoria Mink, the Company’s current Executive Vice President of Finance, will succeed Donna Coleman as Executive Vice President and Chief Financial Officer. Ms. Coleman will retire as Chief Financial Officer as of January 1 and remain with the Company through March to assist with the transition. Before her appointment as Chief Financial Officer, Ms. Mink served briefly as MSG’s Executive Vice President of Finance, where she worked closely with Ms. Coleman. Prior to this, Ms. Mink served as Senior Vice President and Chief Accounting Officer for seven years – first for Cablevision Systems Corporation, which was then bought by Altice USA in 2016, where Ms. Mink continued in her role until joining MSG in October 2018. Ms. Mink joined Cablevision in November 1997 and served in a variety of accounting and finance roles. Before joining Cablevision, Ms. Mink was an audit manager with KPMG LLP.

Jose Ignacio Garcia

Spirit AeroSystems (NYSE: SPR) [WICHITA, Kan.] announced that Jose Ignacio Garcia will join the company as Senior Vice President and Chief Financial Officer effective Jan. 9, 2019. Garcia will succeed Spirit’s current Chief Financial Officer, Sanjay Kapoor, who announced previously his plans to retire in the first quarter of 2019, following a transition period. Garcia’s experience includes CFO roles at GE Energy, GE Latin America, and most recently as VP and CFO of GE Renewable Energy, based in Paris.

Oil-Dri Corporation of America [CHICAGO] (NYSE: ODC) announced that Susan M. Kreh has been appointed Chief Financial Officer. Ms. Kreh was previously with Johnson Controls International plc, where she served as Chief Financial Officer and VP, Information Technology, of the Power Solutions business, from 2010 to 2017 and Corporate Controller from 2007 to 2010. Prior to Johnson Controls, Ms. Kreh served in finance and operational leadership roles at PPG Industries, Inc. from 1985 to 2007, including Treasurer, General Manager of the global optical materials business and Director, Financial Services and Support of the specialty chemicals business. Ms. Kreh serves on the Board of Directors of TAPCO, Inc.

Visioneering Technologies [ATLANTA] (ASX: VTI) announced that it has named Brian D. Lane as its Chief Financial Officer (CFO). Most recently he served as CFO with OnePath. Previously, he was Controller of PRGX. Lane began his career with Ernst & Young, LLP.

Nkarta Therapeutics [SOUTH SAN FRANCISCO, Calif.] announced that Matthew Plunkett has joined as senior vice president and chief financial officer. Dr. Plunkett was most recently chief financial and business officer of Medeor Therapeutics. Prior to Medeor, from September 2012 to August 2017 he held positions as chief business officer and executive vice president, Corporate Development at CTI BioPharma. He was chief financial officer of the California Institute for Regenerative Medicine from November 2011 to August 2012. Dr. Plunkett was the vice president and chief financial officer of iPierian, Inc. from July 2009 to April 2011. From December 2000 to July 2009, Dr. Plunkett held positions at Oppenheimer & Co. and its U.S. predecessor, CIBC World Markets Corp., including serving as managing director, head of West Coast Biotechnology from December 2008 to July 2009, and executive director, head of West Coast Biotechnology from January 2008 to December 2008.

Summit Midstream Partners, LP [THE WOODLANDS, Texas] announced that Matthew Harrison, the Executive Vice President and Chief Financial Officer of Summit Midstream Partners, LLC and Summit Midstream GP, LLC will be departing the Company to pursue other interests. Mr. Harrison’s employment with the Company will terminate effective January 4, 2019. Summit Investments announced that it is promoting Marc Stratton to Executive Vice President and Chief Financial Officer of the Company.  Mr. Stratton joined Summit Investments as a founding member in 2009 and has held various senior management roles at the Company including, since 2015, Senior Vice President of Finance, Treasurer and Head of Investor Relations.

Sonoma Pharmaceuticals, Inc. [PETALUMA, Calif.] (NASDAQ: SNOA) announced that Frederick (Bubba) Sandford as Sonoma’s Chief Executive Officer and Interim Chief Financial Officer. Most recently, Mr. Sandford transformed Command Center, Inc. Sonoma also announced that Bob Miller resigned from his position as CFO.

GlobalTranz Enterprises, Inc. [PHOENIX] announced the promotion of Lara Stell to CFO. Stell joined GlobalTranz as VP of finance in October of 2014. Prior to GlobalTranz, she worked with Krug at Swift Transportation and Clear Channel Outdoor. Earlier in her career she was an audit professional at PwC.

Wizeline [SAN FRANCISCO] announced the appointment of Anthony Conte as Chief Financial Officer. Conte joins the Company from EPAM Systems, where he previously served as CFO, SVP, and Treasurer.

Act-On Software [PORTLAND, Ore.] announced Roger Rowe as its new Chief Financial Officer. Prior to joining Act-On, he served as Principal of RR CFO Services where he provided fractional CFO Services to multiple growth focused companies. Mr. Rowe previously worked as CEO and CFO for TigerLogic Corporation and held CFO positions with other companies such as Agilyx, as well as at technology companies including Merchandising Technologies, Inc., InFocus Corporation, and Preview Systems.

Axalta Coating Systems Ltd. [PHILADELPHIA] (NYSE: AXTA) announced that it has named Sean Lannon as Chief Financial Officer on a permanent basis. He had been serving as Vice President and Interim Chief Financial Officer since October 2018. Before that, he served as Vice President, Corporate Finance and Global Controller of Axalta since 2016, and was Vice President and Global Controller from 2013 until that promotion. He was previously Vice President, Global Controller of Trinseo. Before joining Trinseo in 2011, he was the Senior Manager, Financial Reporting at Endo Pharmaceuticals.

PAS Global LLC [HOUSTON] announced the appointment of Tim Taylor as Chief Financial Officer. Most recently, Tim was at Paradigm, an Emerson company, where he held various leadership roles including Vice President of Finance and Vice President of Sales Management.

Midas [CAPITAL HEIGHTS, Md.] announced the hiring of Pierre-Luc Chicoine as Chief Financial Officer. Chicoine assumed his role in early fall. Chicoine came to Midas from Canam Steel Corporation, where he was Controller for the Heavy Business Unit.

Westmoreland Coal Company [ENGLEWOOD, Colo.] (OTCMKTS: WLBAQ) announced that Gary Kohn has informed Westmoreland that, for personal reasons, he is resigning from his position as chief financial officer effective January 4, 2019.

Jeff Loyd

Freed-Hardeman University [HENDERSON, TENN.]  announced the hiring of Jeff Loyd as the university’s chief financial officer. Loyd will begin his new role Jan. 14, 2019. Loyd has worked in financial leadership positions with American Axle Manufacturing, Coca-Cola, Hertz Corporation, Alcoa/Kawneer, Inc. and Wal-Mart Stores, Inc.

Laura Kowalchik

Kenwal Steel Corp. [DEARBORN, Mich.] announced that Laura Kowalchik has been named CFO. Kowalchik replaces Frank Jerneycic, who retires from Kenwal at the end of this year after 10 years of service. Kowalchik most recently served as CFO of Urban Science. She previously served as vice president, corporate controller, and chief accounting officer of Kaydon Corp., and Dura Automotive Systems LLC, where she held the same title.

Franklin Financial Network, Inc. [FRANKLIN, Tenn.] (NYSE: FSB), the parent company of Franklin Synergy Bank, announced the promotion of Chris Black to Executive Vice President, Chief Financial Officer of Franklin Financial Network and Franklin Synergy Bank. Black joined the Company on November 16, 2018, as Executive Vice President, Strategy. The Company also announced that Sarah Meyerrose, who is stepping down as Chief Financial Officer, intends to retire from the Company on January 15th. Before joining Franklin Financial Network, Black most recently served as Senior Vice President and CFO, Banking, for Nashville-based FirstBank, having joined FirstBank in May 2016. Previously, Black worked in the investment management and investment research industries, specializing in the banking sector while at Merrill Lynch & Co. and ISI Group, both based in New York City. Prior to working in the private sector, Black served for over nine years as an Officer and pilot in the United States Air Force.

Esquire Financial Holdings, Inc. [JERICHO, N.Y.] (NASDAQ: ESQ) announced that it has hired Michael Lacapria as its new Chief Financial Officer and Senior Vice President. Most recently, Mr. Lacapria served as the Chief Financial Officer of Deutsche Bank Trust Corporation.  From 2014 to 2016, Mr. Lacapria served in various positions at Cantor Fitzgerald, including as a Director and head of the accounting and finance function for Cantor Commercial Real Estate.  From 2000 to 2014, Mr. Lacapria served in various management capacities for KPMG’s financial services group in New York.

Medallia, Inc. [SAN MATEO, Calif.] hired Roxanne Oulman as Chief Financial Officer. During her 25-year career in finance, Oulman served in leadership roles at CallidusCloud, Thoratec and Zomax. She currently serves on the Board of Directors at CalAmp as an Audit Committee member. Oulman replaces former CFO Mike Kourey.

Cromedy Construction Corporation [PHILADELPHIA] announced that Joseph T. Waninger has been appointed Chief Financial Officer. Waninger joined CCC on December 3rd, 2018.


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