CFO Moves this week include:
Pepsico, Inc. | Express, Inc. | Zillow Group |
CliQr | Agree Realty Corporation | Harte Hanks |
Sterling Construction Company, Inc. | MongoDB | MSC Industrial Supply Co. |
Office Practicum | Port Logistics Group | Convergex |
Darden Restaurants, Inc. | CorporateRewards | Nobilis Health Corp. |
Pacific Continental Corporation | Fifth Street Finance Corp. | Home BancShares, Inc. |
Conn’s, Inc. | AeroVironment, Inc. | Creative Artists Agency |
TearLab Corporation | InnerWorkings Inc | Revolution Lighting Technologies, Inc. |
Katy Industries, Inc. | PQ Corp. | Penhall Company |
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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Stanton Chase). Samuel can be reached by email at s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.
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PepsiCo, Inc. (NYSE: PEP) announced that Hugh Johnston, executive vice president and chief financial officer, is being named vice chairman. He will continue to serve as CFO, as well as oversee the Quaker Foods North America business and PepsiCo’s global e-commerce organization.
Express, Inc. (NYSE: EXPR) announced that Perry Pericleous, previously Vice President, Finance has been promoted to Senior Vice President, Chief Financial Officer and Treasurer. Mr. Pericleous succeeds Paul Dascoli who has left the Company. Mr. Pericleous is a 15-year veteran of the Company and most recently served as Vice President. Mr. Pericleous began his career at Drug Emporium and Value City Department Stores.
Zillow Group (NASDAQ: Z) announced that CFO Chad Cohen will resign effective Aug. 7, 2015 to pursue other business interests. Cohen will remain as chief financial officer through second quarter earnings and the 10-Q filing.
CliQr announced the appointment of Aidan Cullen as its CFO. He comes to CliQr after serving as a consulting CFO with Kranz & Associates. Previously, he served as CFO at Gigamon, as CFO of Sylantro Systems, and as CFO of Tasman Networks.
Agree Realty Corporation (NYSE: ADC) announced that Brian Dickman has resigned as Chief Financial Officer and Secretary to pursue another business opportunity. The resignation will take effect after a transition period which is expected to end on or around August 4, 2015. Kenneth Howe, former Chief Financial Officer of the Company, has been appointed to serve as interim Chief Financial Officer upon Mr. Dickman’s departure.
Harte Hanks (NYSE: HHS) announced the appointment of Douglas C. Shepard as interim President and Chief Executive Officer. Mr. Shepard, the company’s Chief Financial Officer, succeeds Robert A. Philpott, who has stepped down as President and CEO, as well as from the Company’s Board of Directors, to pursue other interests.
Sterling Construction Company, Inc. (NASDAQ: STRL) announced that Executive Vice President and Chief Financial Officer, Thomas R. Wright has stepped down due to personal reasons, but will remain involved with the company on a consulting basis. Kevan Blair, SVP Corporate Finance, has been named interim Chief Financial Officer.
MongoDB announced that it has appointed Michael Gordon as Chief Financial Officer (CFO). Michael joins MongoDB from Yodle where he served as Chief Operating Officer and CFO. Previously, he served as Managing Director in the Media and Telecom investment banking group at Merrill Lynch. Before Merrill Lynch, Michael worked in brand management at Procter & Gamble.
MSC Industrial Supply Co. (NYSE: MSM) announced that it has named Rustom Jilla to the role of Executive Vice President and Chief Financial Officer, effective July 20. Jilla succeeds Jeff Kaczka, who will be retiring from MSC. Jilla most recently served as CFO for Dematic Group. Prior to Dematic, he spent more than a decade as CFO of Ansell Limited. Earlier in his career, Jilla spent 12 years at The BOC Group where he held various Product Management and Finance leadership roles.
Office Practicum announced that it has named Ellen Purdy as the company’s new Chief Financial Officer, effective July 6th, 2015. Purdy joins Office Practicum with 13 years of CFO experience, most recently with Markel Corporation. Prior to Markel acted as CFO of other private equity backed companies, including SDI Health, IPR International, and Renmatix. Purdy spent the first half of her career at Rohm and Haas where she held various financial, sales and market management positions.
Port Logistics Group announced the appointment of Marty Brogden as Chief Financial Officer. Brogden was most recently the Regional CFO for Agility Logistics. Prior to Agility, Brogden provided interim CFO services to an Oakley, Inc. subsidiary, ABC Window Company, and Accupoll, Inc. Brogden spent the first ten years of his career with what is now a Big 4 public accounting firm.
Convergex announced that Frederick Arnold has joined the firm as Chief Financial Officer. He currently serves as a director of Lehman Brothers Holdings Inc. and Corporate Capital Trust. From 2009 to 2011, Mr. Arnold served as executive vice president and CFO of Capmark Financial Group and from 2006 to 2007, he oversaw the global finance functions of Masonite International as the firm’s executive vice president for finance. From 2000 to 2004, Mr. Arnold held senior financial positions at Willis Group Holdings. He has also had positions at Arnhold & S. Bleichroeder, Smith Barney and Lehman Brothers.
Darden Restaurants, Inc. (NYSE: DRI) announced the appointment of Jeffrey Davis as its Senior Vice President and Chief Financial Officer. Most recently, Davis served as Executive Vice President and Chief Financial Officer for the Walmart U.S. segment of Walmart Stores, Inc. Prior to joining Walmart, Davis was CFO for Lakeland Tours, LLC, CFO for McKesson General Medical, and he held financial leadership positions at the Hillman Co. Davis also spent four years at KPMG Peat Marwick.
CorporateRewards announced that Chris Gobalakrishna has been named Chief Financial Officer. Most recently, Chris served as CFO of Univision Digital. Chris also acted as CFO of Univision Enterprise Development. Before joining Univision Chris led the finance function at Sony Music’s Global Digital Business for seven years.
Nobilis Health Corp. (NYSE: HLTH) announced that it has appointed Kenny Klein to serve as the Company’s Chief Financial Officer. Andy Chen, Nobilis’ outgoing CFO, will assume revenue cycle and development responsibilities with the Company as its Executive Vice President of Finance. Mr. Klein has served as Nobilis’ Chief Accounting Officer since April 2015. Prior to joining Nobilis, Mr. Klein served for over five years as Senior Vice President, Chief Financial Officer and Treasurer of the Menninger Clinic. Mr. Klein began his career in 1988 with KPMG Peat Marwick in the audit practice. After KPMG, Mr. Klein has held various financial leadership positions with Texas Children’s Hospital, Memorial Hermann Healthcare System, Thermo Fisher Scientific, Castle Dental Centers, in addition to previously serving as the Company’s Chief Financial Officer from 2007 to 2010.
Pacific Continental Corporation (NASDAQ: PCBK) announced that Richard R. Sawyer has been named executive vice president and chief financial officer. Mr. Sawyer was the executive vice president and chief financial officer for Tower Financial Corporation and was most recently the vice president for Lifeline Youth and Family Services.
Fifth Street Finance Corp. (NASDAQ: FSC) and Fifth Street Senior Floating Rate Corp. (NASDAQ: FSFR) announced that the Boards of Directors for both FSC and FSFR have promoted Steven M. Noreika to Chief Financial Officer, replacing Richard A. Petrocelli, who will be leaving Fifth Street to pursue other opportunities. Prior to his promotion, Mr. Noreika has been serving as the Chief Accounting Officer of FSAM. Mr. Noreika joined Fifth Street in September 2008 and during his tenure, he has held various finance and accounting positions, including Chief Financial Officer of FSFR from November 2013 to July 2014. Prior to joining Fifth Street, Mr. Noreika spent six years at Time Warner Inc. and prior to that he managed audit and tax engagements at Marcum & Kliegman, LLP (now Marcum LLP).
Home BancShares, Inc. (NASDAQ: HOMB) and its wholly-owned subsidiary, Centennial Bank, announced the election of Brian S. Davis as Chief Financial Officer, Treasurer and Director of Home and Centennial by each respective board of directors, effective July 8, 2015, succeeding Randy E. Mayor, who is retiring from banking after more than sixteen years with the Company. Mr. Davis previously served as Chief Accounting Officer and Investor Relations Officer for the Company.
Conn’s, Inc. announced the appointment of Thomas R. Moran to serve as the Company’s Executive Vice President and Chief Financial Officer, effective as of July 27, 2015. Mr. Moran will succeed the Company’s interim Chief Financial Officer, Mark Haley, who will continue to serve as the Company’s Vice President, Chief Accounting Officer after the Commencement Date. Prior to joining the Company, Mr. Moran served as the Executive Vice President and Chief Financial Officer for West Marine, Inc. Prior to joining West Marine, Mr. Moran served as the Chief Financial Officer of the Wearguard-Crest Division of ARAMARK Corporation.
AeroVironment, Inc. announced that it has appointed Raymond D. Cook as its Senior Vice President and Chief Financial Officer. Mr. Cook replaces Teresa Covington, who has served as our interim Chief Financial Officer since February 2015. Prior to joining the Company, Mr. Cook served as Senior Vice President and Chief Financial Officer of Silicon Image, Inc. from July 2014 to March 2015. Prior to joining Silicon Image, Inc., Mr. Cook served as Chief Financial Officer of STEC, Inc., a computer data storage company, from November 2008 to September 2013. Mr. Cook previously served in various capacities, including as Interim Chief Financial Officer as well as Vice President of Finance and Corporate Controller, with Mindspeed Technologies, Inc. from July 2003 through November 2008.
Creative Artists Agency announced that James Burtson will join the company as Chief Financial Officer. Burtson succeeds outgoing CFO Jeff M. Berry. Burtson most recently served as Senior Vice President of Time Warner, Inc. Prior to re-joining Time Warner in 2002, Burtson worked at Clear Channel Communications, where he served as vice president of strategic development and CFO of the company’s online business. He previously worked for J.P. Morgan & Co. as an investment banker and began his career at Time Warner as a financial analyst in corporate finance and M&A.
TearLab Corporation announced the appointment of Wes Brazell as its Chief Financial Officer. Mr. Brazell will succeed William G. Dumencu who will transition to his new role as an internal consultant of the Company. Most recently, Mr. Brazell served as the Chief Financial Officer of Academic Partnerships, LLC from 2014 to 2015. From 1993 to 2014, Mr. Brazell held various positions at Alcon Laboratories, Inc. Prior to joining Alcon, Mr. Brazell held various positions at KPMG LLP.
InnerWorkings, Inc. (NASDAQ: INWK) announced that Jeffrey P. Pritchett will join the Company as Executive Vice President and Chief Financial Officer, effective August 2015. Mr. Pritchett joins InnerWorkings from Cerberus Operating and Advisory Company, LLC where he has served as a Senior Operating Executive since May 2013 and as Head of the Finance / CFO Practice since early 2015. He also has served as Interim Executive Chairman of the Board of TransCentra, Inc. and as a Board Member of Remington Outdoors Company. Prior to joining COAC, Mr. Pritchett served in various finance and strategy roles at Vertis Communications. Mr. Pritchett also held treasury, strategy and international financial roles of increasing responsibility at Delphi. Ryan Spohn will remain InnerWorkings’ Interim CFO through the completion of the Company’s second quarter filings, at which point he will resume his role as Senior Vice President and Controller.
Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) announced the retirement of Charles Schafer, its President and Chief Financial Officer for the company. In this regard, Chairman and CEO Robert V. LaPenta will assume the role of President in addition to his current responsibilities and James DePalma will become the Chief Financial Officer. James DePalma is currently on the RVLT Board and is Vice Chairman and Senior Managing Partner of Aston Capital. Mr. DePalma’s background includes executive level roles at L-1 Identity Solutions, Viacom, CBS, Westinghouse Electric and PricewaterhouseCoopers.
Katy Industries, Inc. announced the retirement of Jim Shaffer, its Vice President, Chief Financial Officer and Secretary. The Board of Directors has appointed Curt Kroll, its current Vice President, Corporate Controller and Assistant Secretary, to succeed Mr. Shaffer following a transition period. Before joining Katy, Curt’s career included 10 years of public accounting at Deloitte and BKD LLP.
PQ Corp. announced the appointment of Michael C. Crews as Chief Financial Officer (CFO), effective August 1. Crews will replace the retiring Alan McIlroy, a 10-year PQ veteran. During the last seven years, Crews served as Executive Vice President and Chief Financial Officer of Peabody Energy Corp.
Penhall Company announced the appointment of Lynn Schrier-Behler as Chief Financial Officer. Ms. Schrier-Behler will succeed Bruce Lux, who will be leaving the Company to pursue other opportunities. Ms. Schrier-Behler was most recently Managing Director for Laurel Management & Consulting Services LLC. Prior to joining Laurel, Ms. Schrier-Behler was the North American Regional CFO for WS Atkins plc. Before that, Ms. Schrier-Behler was SVP, Finance and CFO for Parsons Transportation Group.