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CFO Moves – week ending January 25, 2019

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CFO Moves this week include:

Alfresco Amneal Pharmaceuticals, Inc. Vertex Pharmaceuticals Incorporated
PTC NextEra Energy, Inc. Vanguard Charitable
Big Blue Swim School Cabaletta Bio, Inc. Dash Financial Technologies
Craig Hospital Parkway Acquisition Corp. Intelligent Systems Corporation
AmeriGas Propane, Inc. Vanderbilt Financial Group OpenX
Biocoat, Inc. TechCare Corp. Mace Security International, Inc.
Apollomics, Inc. Innovex Downhole Solutions

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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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Steve Buonaiuto

Alfresco [SAN MATEO, Calif.] announced the appointment of Steve Buonaiuto as Chief Financial Officer (CFO). Buonaiuto was most recently CFO of Digital Guardian. Before Digital Guardian, Buonaiuto served as CFO and Chief Operations Officer (COO) at Sparta Systems. Prior to Sparta Systems, Steve held several leadership roles at CA Technologies, including senior vice president of product development and marketing operations, CFO of EMEA, and CFO of global services. Steve also worked at Oracle as their VP of North America consulting operations. Buonaiuto succeeds Carlton Baab, who was CFO from May 2013 to January 2019.

Amneal Pharmaceuticals, Inc. [BRIDGEWATER, N.J.] (NYSE: AMRX) announced that it has appointed Todd P. Branning as Senior Vice President and Chief Financial Officer. Mr. Branning succeeds Bryan Reasons, who will remain with the company through the end of February 2019. Most recently, he served as Senior Vice President, Chief Financial Officer, for Teva Pharmaceuticals’ Global Generic Medicines division. Prior to joining Teva in 2016, he served as Vice President, Finance, for Allergan plc. Mr. Branning has also served in financial leadership roles at PricewaterhouseCoopers, PPG Industries, Inc. and Merck & Co., Inc.

Vertex Pharmaceuticals Incorporated [BOSTON] (NASDAQ: VRTX) announced that Ian Smith has been terminated as Chief Operating Officer and interim Chief Financial Officer (CFO). Paul Silva, Senior Vice President and the Company’s Corporate Controller and Chief Accounting Officer since 2008, has been appointed interim CFO.

PTC [BOSTON] (NASDAQ: PTC) announced that Andrew Miller, executive vice president and chief financial officer, plans to retire in Fiscal 2019. To ensure an orderly transition, Miller, who joined PTC four-years ago, will remain in his current role until a successor is in place.

NextEra Energy, Inc. [JUNO BEACH, Fla.] (NYSE: NEE) announced that Rebecca Kujawa, currently vice president, business management, NextEra Energy Resources, will succeed John Ketchum as executive vice president and CFO of NextEra Energy. Kujawa joined NextEra Energy in February 2007 and has held a number of key roles throughout the enterprise, serving as vice president of business management for the Midwest and international region for NextEra Energy Resources and, prior to that, serving as director of investor relations for NextEra Energy. Prior to joining the company, Kujawa worked as senior vice president, research, for Stanford Group Company and senior equity analyst for Avalon Research Group. She started her career as an equity derivatives sales trader for Goldman Sachs & Co. in New York. Kujawa will also become a member of the board of directors of NextEra Energy Partners. This appointment will be effective March 1, 2019.

Vanguard Charitable [MALVERN, Pa.] announced that Mark Froehlich joined the organization as chief financial officer (CFO). Mark is joining Vanguard Charitable after serving in the same role at The Philadelphia Foundation. Previously, Mark managed the accounting and financial reporting functions for William Penn Foundation.

Big Blue Swim School [CHICAGO] named Kevin Bostick as CFO. Bostick is formerly of 365 Data Centers, 365 Parent, LLC, JP Morgan and KPMG.

Cabaletta Bio, Inc. [RADNOR, Pa.] appointed Anup Marda as Chief Financial Officer. Marda was most recently Vice President and Head of Global Corporate Financial Planning & Analysis of Bristol-Myers Squibb (BMS). Previously, Mr. Marda spent four years in leadership roles supporting R&D. He was also head of Finance, R&D Portfolio Management, World-wide Commercial and Global Medical. Mr. Marda was also the Assistant Treasurer, Head of Capital Markets as well as Executive Director, Finance of the U.S. Immunoscience business.

Scott Patrick

Dash Financial Technologies [New York] announced the addition of Scott Patrick as Chief Financial Officer. Patrick joins Dash from Brunswick Group, where he served as a Partner, specializing in M&A transactions, IPOs and investor relations matters. Prior to Brunswick, Mr. Patrick was a Managing Director in the Financial Technology Group at investment bank GCA Advisors, and before that he spent over 10 years at Evercore Partners, most recently serving as Head of Payments Investment Banking. He began his career at Morgan Stanley, where he worked for over 12 years, including in roles in M&A and as the firm’s lead equity research analyst covering the Financial Technology industry.

Craig Hospital [ENGLEWOOD, Colo.] announced that it has appointed Daniel Frank as its new Chief Financial Officer. Dan will be replacing Julie Keegan, who is retiring in March after serving Craig for the past 13 years as CFO. Dan’s most recent position was CFO of Centura Health’s Longmont United Hospital. Previous to his role at Longmont United Hospital, Dan served as the Director of Accounting and Reimbursement for Exempla Healthcare in Wheat Ridge, Colorado.

Parkway Acquisition Corp. [FLOYD, Va.] (OTCQX: PKKW), the parent company of Skyline National Bank, announced that Lori Vaught has been promoted to Executive Vice President and Chief Financial Officer of Skyline National Bank and Parkway Acquisition Corp. Lori has been with the bank since 2002 – most recently serving as Controller. Ms. Vaught’s promotion follows Blake Edward‘s appointment as President & CEO of Skyline on January 1.

Intelligent Systems Corporation [NORCROSS, Ga.] (NYSE American: INS) announced that Karen Reynolds, the Company’s Chief Financial Officer, Vice President and Corporate Secretary, plans to depart the company to explore leadership opportunities outside of Intelligent Systems. The board has elevated Matt White to the position of Chief Financial Officer, Vice President and Corporate Secretary. Matt is currently serving as VP Finance and CFO of CoreCard Software, the main operating subsidiary of Intelligent Systems and he will continue to serve in that role. Prior to joining CoreCard Software Matt held various accounting and financial reporting positions at Humana and, most recently, Equifax.

AmeriGas Propane, Inc. [VALLEY FORGE, Pa.], the general partner of AmeriGas Partners, L.P. (NYSE: APU), has named Ann P. Kelly to the position of Vice President – Finance and Chief Financial Officer, effective February 11, 2019. Ms. Kelly will succeed Ted J. Jastrzebski, who, as previously announced, has been serving as the principal financial officer of AmeriGas on an interim basis. Mr. Jastrzebski will continue to serve as Chief Financial Officer of UGI Corporation (NYSE: UGI), the parent of the General Partner. Since March 2018, Ms. Kelly has served as UGI Corporation’s Vice President, Chief Accounting Officer and Corporate Controller. She also served as UGI Corporation’s Assistant Treasurer from 2016 to 2018. Ms. Kelly joined UGI Utilities, Inc., a wholly-owned subsidiary of UGI Corporation, in 2014, where she served as its Controller and Principal Accounting Officer. Prior to joining the organization, Ms. Kelly held the position of Chief Financial Officer of JGM, Inc., and served as Senior Vice President – Finance for Preferred Sands. She also held roles of increasing responsibility in finance and accounting at Exelon Generation, PECO, Radnor Holdings, Price Waterhouse and Dean Witter.

Vanderbilt Financial Group [WOODBURY, N.Y.] announced the promotion of Megan Plapp to the position of Chief Financial Officer. Megan has been a member of the Vanderbilt team since 2017. Prior to joining Vanderbilt, Megan worked in the Finance and Accounting departments at Peyser & Alexander Management, Gersh Management Services, and West Hills Day Camp, and was a small business owner for seven years in Patchogue, NY.

OpenX [LOS ANGELES] announced the appointment of Rob Leff as the company’s Chief Financial Officer.  Leff has spent the majority of the last decade as the CFO of Fandango.

Steven Bell

Biocoat, Inc. [HORSHAM, Pa.] announced that Steven Bell has joined the company as Chief Financial Officer (CFO). For the past several years, Steve has acted as a consultant providing outsourced CFO services for various middle market companies. Prior to launching his consulting practice, and for the majority of his professional career, Steve has held senior executive positions as a chief financial officer for middle market, public and privately held companies, including ReSearch Pharmaceutical Services, CareScience and The MRC Group.

TechCare Corp. [NEW YORK] (OTCQB: TECR) announced that it appointed Tali Dinar, as its new Chief Financial Officer. Before joining TechCare, Dinar served as Chief Financial Officer of MICT Inc., Enertec Systems (2001) Ltd. and Micronet Ltd.

Mace Security International, Inc. [CLEVELAND] (OTCQX: MACE) named Mark Barrus as Senior VP and Chief Financial Officer. Barrus held leadership roles at Covia Holdings Corp., a publicly traded company (CVIA, formerly FMSA), NACCO Industries (NC), and KPMG LLP.

Apollomics, Inc. [FOSTER CITY, Calif. and HANGZHOU, China] announced the appointment of Wilson W. Cheung as Executive Vice President and Chief Financial Officer.  Prior to Apollomics, Mr. Cheung was CFO of KBP BioSciences, and an Independent Director of SciClone Pharmaceuticals International Limited. Previously, he served in various positions at Velti plc. Prior to Velti, Mr. Cheung served as CFO at AXT, Inc.

Innovex Downhole Solutions [HOUSTON] announced the appointment of Kendal Reed as Chief Financial Officer. Kendal previously served as Vice President at Intervale Capital.


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