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CFO Moves – week ending October 25, 2019

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CFO Moves this week include:

CarMax, Inc. Arkose Labs Alaska Communications
AngioDynamics, Inc. Databricks EFG Companies
Oncorus, Inc. Sernova Corp. Raytheon Company
First Financial Bankshares, Inc. Amgen Resideo Technologies, Inc.
THINK Surgical, Inc. Obalon Therapeutics, Inc. Schmitt Industries, Inc.
Catalyte Federal Home Loan Bank of Atlanta Old Point Financial Corporation
Inxeption CRITICALSTART Varian
Snapsheet A&R Logistics First Community 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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Enrique Mayor-Mora

CarMax, Inc. [RICHMOND, VA] (NYSE: KMX) announced that Enrique Mayor-Mora, who has served as CarMax’s treasurer since 2016, will be promoted to senior vice president and CFO. Tom Reedy, who has served as CFO since 2010 and as executive vice president since 2012, will become executive vice president of finance. Mayor-Mora will continue to report to Reedy. Mayor-Mora joined CarMax in 2011 as vice president of finance and in 2016 moved into the treasurer role. Prior to joining CarMax, he served as vice president of financial planning and analysis and investor relations at Denny’s Corporation from 2005 to 2011. He also served in financial positions of increasing responsibility at Gap, Inc. from 2001 to 2005.

Arkose Labs [SAN FRANCISCO] recently hired Sam Francis as Chief Financial Officer. Francis brings more than 25 years of experience providing financial leadership, raising capital and managing both buy-side and sell-side M&A transactions.

Alaska Communications [ANCHORAGE, AK] (NASDAQ: ALSK) named Laurie Butcher chief financial officer. Butcher joined Alaska Communications in 1997, and has served as senior vice president of finance since October 2015 and principal financial and accounting officer since November 2015. Butcher’s prior roles include controller for Teamsters Local 959 and public accounting at Price Waterhouse and Deloitte & Touche.

AngioDynamics, Inc. [LATHAM, NY] (NASDAQ: ANGO) announced that Michael C. Greiner, Executive Vice President and Chief Financial Officer (CFO) will be departing the Company. Stephen A. Trowbridge, Senior Vice President and General Counsel, will assume the role of interim Chief Financial Officer in addition to his current responsibilities.

Databricks [SAN FRANCISCO] announced the appointment of Dave Conte as Chief Financial Officer. Conte was Splunk’s CFO for the last eight years. Prior to Splunk, he was the CFO at Opsware. Conte has also served as a member of the board of directors at Anaplan since 2016.

EFG Companies [DALLAS] announced that Neha Parikh assumes the role of Chief Financial Officer. Neha’s managerial and consulting experience spans companies like GoDaddy, ADP, Verint, Cox Enterprises and AT&T, where she served in various capacities ranging from Executive Director to Business Unit CFO.

Oncorus, Inc. [CAMBRIDGE, MA] announced the appointment of John McCabe as Chief Financial Officer (CFO). Prior to joining Oncorus, McCabe served as CFO of Flex Pharma, Inc., which is now known as Salarius Pharmaceuticals, Inc. Prior to joining Flex Pharma in 2014, McCabe served as Vice President and Chief Accounting Officer with ARIAD Pharmaceuticals, Inc. from 2013 to 2014, which was acquired by Takeda Pharmaceuticals, Ltd., and is now part of Takeda Oncology Company. Previously, McCabe served as Vice President and Corporate Controller at Charles River Associates from 2009 to 2013. McCabe also previously served as Director and Strategic Business Unit Controller at Biogen. McCabe began his career at Arthur Andersen & Co., and he later held financial positions at Performance Technologies, Inc. and IP.com.

Sernova Corp. [LONDON AND ONTARIO, CA] (TSX-V: SVA, OTCQB: SEOVF) announced that David Swetlow has joined as Chief Financial Officer. Swetlow held various senior management, board, and advisory roles for companies, including multiple TSX and Nasdaq listed biotech companies amongst them QLT Inc. and Protox Therapeutics Inc. Swetlow replaced Sernova’s outgoing CFO, Sean Hodgins.

Toby O’Brien

Raytheon Company [WALTHAM, MA] (NYSE: RTN) announced that Anthony “Toby” O’Brien was named chief financial officer for the future Raytheon Technologies Corporation. He currently serves as vice president and chief financial officer of Raytheon Company. Prior to his current position, O’Brien was vice president of finance and chief financial officer for Raytheon IDS. He has also served as Raytheon vice president of finance, CFO of Raytheon Aircraft Company and has held other senior finance positions across Raytheon. O’Brien joined Raytheon in 1986.

First Financial Bankshares, Inc. [ABILENE, TX] (NASDAQ: FFIN) announced that J. Bruce Hildebrand intends to retire in August 2020 as Executive Vice President and Chief Financial Officer.

Amgen [THOUSAND OAKS, CA] (NASDAQ: AMGN) announced the planned retirement of David W. Meline, who has served as the company’s executive vice president and chief financial officer (CFO) since 2014. The company also announced that Peter H. Griffith has joined Amgen as executive vice president, Finance, and will be Meline’s successor as CFO as of Jan. 1, 2020. Griffith joins Amgen from Sherwood Canyon Group, LLC, where he served as president. Previously, he retired from EY (formerly Ernst & Young), after a distinguished career there, including almost 22 years as a partner. Most recently, Griffith served as EY’s Global Vice Chair, Corporate Development. He previously served as EY’s Global Managing Partner, Finance and Corporate Development and, before that, as Global Managing Partner, Operations and Finance. Prior to EY, he was Managing Director and Head of Investment Banking at Wedbush Securities.

Resideo Technologies, Inc.  [AUSTIN, TX] (NYSE: REZI) announced that Robert (Bob) Ryder has been named interim chief financial officer, effective Nov. 7, 2019. Bob will succeed Joseph Ragan, who is leaving the company on Nov. 6, 2019, to pursue other opportunities. Ryder previously served as CFO of Constellation Brands.

THINK Surgical, Inc. [FREMONT, CA] announced the appointment of Paul Weiner as Chief Financial Officer (CFO). Most recently, Weiner served as Chief Financial Officer and Senior Vice President of Conformis, Inc. Prior to joining Conformis, Weiner spent 18 years at Palomar Medical Technologies, Inc., where he served as Chief Financial Officer and Senior Vice President among other positions during his tenure.

Obalon Therapeutics, Inc. [SAN DIEGO] (NASDAQ: OBLN) announced that William J. Plovanic has been promoted to President and Chief Executive Officer, from his prior position of President and Chief Financial Officer. In conjunction with this change, Nooshin Hussainy, previously Vice President of Finance, has been promoted to the position of Chief Financial Officer. Hussainy has been with Obalon since 2011, most recently serving as Vice President of Finance and Corporate Controller. Ms. Hussainy is a seasoned financial professional with over 18 years’ experience serving as a Corporate Controller or Assistant Controller with companies including GenMark Diagnostics, ACTIVE Network, DexCom, and Thermolase Corporation.

Schmitt Industries, Inc. [PORTLAND, OR] (NASDAQ: SMIT) announced the appointment of Regina (“Gina”) Walker as Chief Financial Officer (“CFO”) of the Company. Prior to joining Schmitt, Walker served as CFO of TEC Equipment, Inc. Walker will work closely with Ann Ferguson, who previously submitted her resignation, effective November 30, 2019, to ensure a smooth transition.

Catalyte [BALTIMORE] announced that Vivek Khanna has joined Catalyte as Chief Financial Officer (CFO). Most recently Khanna was CFO of Discovery Communications’ U.S. operations. He has also served as a trusted advisor to management teams while at Goldman Sachs, Bank of America and Deloitte.

Federal Home Loan Bank of Atlanta [ATLANTA] announced the appointment of Haig Kazazian to Chief Financial Officer, effective November 1, 2019. Kazazian was most recently FHLBank Atlanta’s Treasurer, a position he has held since June 1, 2013. Prior to that, he served as First Vice President in the Financial Management Division. Kazazian joined the Bank as a credit analyst in 1992, and later earned promotions to manager of National Accounts and Product Development in 2001, manager of National Accounts and Capital Markets Trading in 2009, and manager of Treasury Analysis and National Accounts Sales and Trading in 2011.

Elizabeth T. Beale

Old Point Financial Corporation [HAMPTON, Va.] (NASDAQ: OPOF) announced that Elizabeth T. Beale has been appointed Senior Vice President and Chief Financial Officer and Executive Vice President and Chief Financial Officer of Old Point National Bank. Beale has served as Old Point’s Interim Chief Financial Officer since July of this year. Beale joined Old Point in April 2018 as Senior Vice President and Chief Accounting Officer following Old Point’s acquisition of Citizens National Bank. She served as Executive Vice President and Chief Financial Officer at Citizens National Bank for 15 years and prior to that as Corporate Accountant for 4 years at James River Bankshares, Inc.

Inxeption [BRISBANE, CA] announced that Faisal Chughtai has joined Inxeption as the chief financial officer. Faisal was most recently an executive vice president at Web.com and prior to that, he was a senior investment banker at J.P.Morgan and RBC Capital Markets.

Andrew Kaufman

CRITICALSTART [PLANO, Texas] announced the appointment of Andrew Kaufman as its first Chief Financial Officer. Most recently, he served as CFO of STRAIT. Prior to that, Kaufman served as vice president of finance for Armor Defense. Earlier in his career, he held various accounting and financial roles at PeopleMatter, Blackbaud, Aprima Medical Software and Enterprise Holdings.

Varian [PALO ALTO, CA] (NYSE: VAR) announced that effective December 1, 2019 , Gary E. Bischoping, Jr. , currently senior vice president, Finance & chief finance officer, will take on a new role as president, Interventional Oncology Solutions; J. Michael Bruff, currently senior vice president, Finance and Investor Relations, will succeed Bischoping as senior vice president, Finance & chief finance officer. Bruff joined Varian two years ago. Prior to joining Varian, Bruff held a series of senior international and domestic roles, including business segment CFO, and roles in financial planning, accounting and internal audit at Dell Technologies. He also held leadership positions in corporate reporting at MCI Telecommunications and served as vice president, Services Accounting and Finance at CA, Inc.

Snapsheet [CHICAGO] announced the appointment of Susan Sell to Chief Financial Officer. Most recently, she served as CFO for PRA Business Events. Prior to PRA, Sell served as CFO at Fieldglass. Prior to Fieldglass, Sell held senior finance positions at Rewards Network and Technology Solutions Company.

A&R Logistics [LOUISVILLE, KY] named Taimur Sharih as its new Senior Vice President, Chief Financial Officer. Sharih succeeds Tony Lenhart, who now leads A&R’s corporate development function.

Donald “Shawn” Jordan

First Community Corporation [LEXINGTON, S.C.] (NASDAQ: FCCO), the holding company for First Community Bank, announced that Chief Financial Officer, Joseph G. “Joe” Sawyer, will retire on December 31, 2019. Donald “Shawn” Jordan has been selected as First Community’s new Chief Financial Officer and will assume this position upon the retirement of Mr. Sawyer. Jordan’s most recent role was with IBERIABANK, where he served as Senior Vice President and Manager of Corporate Analytics.  Prior to joining IBERIABANK, Jordan worked with AloStar Bank of Commerce where he served as Executive Vice President and Chief Financial Officer. Jordan will join the company on November 12, 2019 to provide time with Mr. Sawyer and ensure a smooth transition of the Chief Financial Officer responsibilities.


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