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CFO Moves – week ending September 9, 2016

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CFO Moves this week include:

Verizon Communications Inc. Delek US Holdings, Inc. Liberty Media Corporation
Baldwin & Lyons, Inc. SproutLoud Finesse Solutions, Inc.
IDEX CORPORATION Double Eagle Energy Holdings II PRG
Eco-Site, Inc. MakeOffices Crown Bioscience
Adams Resources & Energy, Inc. Skyworks Solutions, Inc. Deluxe Corporation
Communications Systems, Inc. Stoneridge, Inc. Innovus Pharmaceuticals, Inc.
Metamason, Inc Ferro Corporation Command Center, Inc.
Orchids Paper Products Company Lithium Technologies Digital Turbine, Inc.
Point Inside Rodan & Fields, LLC Coastal Banking Company Inc.
The Cooper Companies, Inc.

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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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CommutAir [NORTH OLMSTED, Ohio] announced that it had named Sean Frick as its new Chief Financial Officer.  He will replace Missy Kelsen, who will retire in the first Quarter of 2017. Frick comes to CommutAir after serving at ATA Airlines, World Airways and North American Airlines. Frick also led the Airline Marketing team at Bombardier Aerospace.

TaskUs [SANTA MONICA, Calif.] announced the hiring of Chief Financial Officer Balaji Sekar. Previously, Sekar held senior finance leadership roles at Sutherland Global Services, Sutherland Healthcare Solutions, and most recently at PatientSafe Solutions.

Kyle Messman

Kyle Messman

Velocify [LOS ANGELES] has hired Kyle Messman as chief financial officer. Messman most recently served as the CFO at Telogis, which sold to Verizon in August of this year. Messman previously handled corporate financial planning for a major semiconductor manufacturer. Messman has also spent several years as an investment banker.

Arcadia Biosciences, Inc. [DAVIS, Calif.] (NASDAQ: RKDA) announced that Matthew T. Plavan will join the company’s executive team as chief financial officer. Most recently, Plavan served in multiple executive capacities, including CFO, COO and CEO with Cesca Therapeutics, Inc. Prior to Cesca, Plavan served as CFO with venture and private equity-backed technology companies, including Strion Air, Inc. and Reason, Inc. He also held executive finance positions with McKesson Corporation and audit and advisory management positions with Ernst & Young.

Immersion Corp. [SAN JOSE, Calif.] (NASDAQ: IMMR) announced the appointment of Nancy Erba as Chief Financial Officer. Ms. Erba was most recently Vice President of Finance, Corporate Financial Planning and Analysis at Seagate. During her 22-year tenure with Seagate, Ms. Erba held Vice President positions in Corporate Development, Business Operations and Planning, and Finance. Prior to joining Seagate, she was a Treasury Analyst at Borland International.

iCapital Network [NEW YORK] announced that Tom Iacono joins the firm as Chief Financial Officer. Mr. Iacono joins iCapital from General Electric where he spent 12 years in key financial leadership and transaction advisory roles in the GE Energy Financial Services, GE Corporate Aircraft and GE Capital Aviation Services divisions. Previously Mr. Iacono was CFO of Fortress Transportation and Infrastructure Fund and a Senior Manager at Deloitte.

EnteroMedics Inc. [ST. PAUL, Minn.] (NASDAQ: ETRM) announced the appointment of Scott Youngstrom as Chief Financial Officer and Chief Compliance Officer.  Scott will succeed Greg Lea, EnteroMedics’ current Chief Financial Officer and Chief Compliance Officer, who will be retiring from the Company. Mr. Youngstrom most recently served as Chief Financial Officer and Vice President, Finance at Galil Medical. Prior to Galil Medical, from 2009-2014, Mr. Youngstrom served as Vice President, Chief Operating Officer, and Chief Financial Officer at DGIMED Ortho, Inc. Mr. Youngstrom has previously served as Chief Financial Officer and Vice President, Finance with Anulex Technologies, Enpath Medical, Compex Technologies, Acist Medical Systems, and Cardiotronics. Mr. Youngstrom serves on the Board of Directors of InnoVision, Inc.

Allena Pharmaceuticals, Inc. [NEWTON, Mass.] announced that Edward Wholihan has joined the company as Chief Financial Officer. Mr. Wholihan most recently served as CFO of Medical Specialties Distributors. Prior to MSD, he was the CFO of Generation Health. He also served as CFO and Vice President of Business Development for Inovise Medical. Early in his career, he spent seven years with McKinsey & Company.

BETA Healthcare Group [ALAMO, Calif.] announced that Daniel J. Sevilla, Jr. has been named Vice President of Finance and Chief Financial Officer. Sevilla most recently served as Chief Financial Officer for the State Compensation Insurance Fund. He also served as Vice President of Financial & Operational Planning & Analysis for CSAA, as well as Senior Vice President of Financial Services and Operations for Fireman’s Fund Insurance Company.

DJO Global, Inc. [SAN DIEGO] announced the appointment of Mike Eklund as Chief Operating Officer and Chief Financial Officer. Mr. Eklund joins DJO Global from Dell where he last served as the Senior Vice President, Dell / EMC Value Creation and Integration Management Office. Prior to his latest role, he served as Chief Financial Officer of Dell’s Client Solutions Business Unit and Global Operations organization. Previously, Mr. Eklund served as Vice President of Strategy, Business Planning and Operations for Dell’s Enterprise Solutions Group. Mr. Eklund began his career in public accounting as a staff accountant in tax and audit, followed by a two year stint in the oil and gas industry.

PaxVax, Inc. [REDWOOD CITY, Calif.] announced the appointment of Philip K. Moody as Chief Financial Officer. Mr. Moody joins PaxVax from BTG PLC, where he served as the Chief Financial Officer for the North American sector. Prior to this role, Mr. Moody was Founder, Board Member and Chief Executive Officer for DOLORANA, Inc. Mr. Moody has also held senior finance roles in a number of public and private companies, including Chiron, where served as Vice President, Finance and Operations.

LifePoint Health, Inc. [BRENTWOOD, Tenn.] (NASDAQ: LPNT) announced the appointment of Michael S. Coggin as Chief Financial Officer. Coggin, who has served as Chief Accounting Officer of the Company since 2008, succeeds Leif Murphy, currently Chief Financial Officer, who is leaving the Company to pursue another opportunity. Michael S. Coggin has served as Senior Vice President and Chief Accounting Officer for LifePoint since December 2008. Mike previously served as Chief Financial Officer of Specialty Care Services Group. Prior to that, he was a senior vice president in the finance, accounting and internal audit groups of Renal Care Group, Inc. from April 2004 until its acquisition by Fresenius Medical Care AG & Co. KGaA in March 2006. He began his professional career as an auditor with KPMG Peat Marwick.

Hudson Technologies, Inc. [PEARL RIVER, N.Y.] (NASDAQ: HDSN) announced the appointment of Nat Krishnamurti as Chief Financial Officer. Mr. Krishnamurti was previously employed at PricewaterhouseCoopers LLP. Early in his industry experience, over an 11-year tenure, Mr. Krishnamurti held positions of increasing responsibility, including VP, Corporate Finance and Chief Accounting Officer, at inVentiv Heath, Inc. Subsequently, Mr. Krishnamurti served as Chief Financial Officer of two smaller, publicly-traded companies, Applied Minerals, Inc. and most recently at Interpace Diagnostics Group, Inc.

Francis Barker

Francis Barker

Questex [NEWTON, MA] announced the appointment of Francis B. Barker as chief financial officer. Barker’s previous corporate leadership positons include chief financial officer at Alta Colleges Inc., co-founder of Information Services Group and senior vice president for strategy & corporate development at Dex Media. He continues as a board member at Allazo Health. Barker’s investing roles have included managing director for media and information investments at The Carlyle Group. Barker began his career as an investment banker in the media and information sector at Morgan Stanley.

Skorpios Technologies, Inc. [ALBUQUERQUE, N.M.]  announced the addition of Brian R. Griffiths as chief financial officer. Most recently, Griffiths was a senior managing director at Guggenheim Partners, working with companies across the technology industry. Prior to that, he was a managing director at Credit Suisse in New York and London.

Xerox [NORWALK, Conn.] (NYSE: XRX) announced that Brian Webb-Walsh will serve as chief financial officer of Conduent Incorporated. Webb-Walsh is currently the CFO for Xerox Services. Previously he led the finance function for the company’s government healthcare and health enterprise businesses.

Ferro Corporation [Mayfield Heights, Ohio] announced the appointment of Benjamin Schlater as Chief Financial Officer. Mr. Schlater has served as the Company’s Vice President, Corporate Development and Strategy since September 2015.  Prior to joining the Company, Mr. Schlater was Treasurer and head of corporate development, strategic and financial planning and risk management at Veyance Technologies from August 2007 to May 2015.  Prior to Veyance, Mr. Schlater was a Managing Director at FTI Consulting, and prior to FTI Consulting, Mr. Schlater was a manager at PricewaterhouseCoopers.

Tower International, Inc. [LIVONIA, Mich.] (NYSE: TOWR) announced that Jeffrey Kersten will succeed James Gouin as Executive Vice President and Chief Financial Officer. Mr. Gouin has been appointed as President, and as CEO effective January 1, 2017. Mr. Kersten, joined Tower in 1997.  He has been the Company’s Senior Vice President and Corporate Controller since 2007; in 2014, he added responsibility for Business Development.  Prior to joining Tower, Mr. Kersten worked seven years at Arthur Andersen.

 


CFO Moves – week ending September 16, 2016

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CFO Moves this week include:

Tiffany & Co. JetBlue Airways Corp. Frontier Communications Corporation
Prestige Brands Holdings, Inc. Lending Club iPayment Holdings, Inc.
Hawkins, Inc. Amkor Technology, Inc. OneSource Virtual
American Trucking Associations Acelity L.P. Inc. Visualant, Inc.
Cynosure, Inc. North State Misonix, Inc.
Ruby Tuesday, Inc. Caligor Real Industry, Inc.
Regis Corporation Drawbridge Lumber Liquidators
RedBrick Health Timberline Resources Corporation SC3
Integer Holdings Corporation Mill Steel Co. iRobot Corp.

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.

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Tiffany & Co. [NEW YORK] (NYSE: TIF) has appointed Mark Erceg to become its next executive vice president and chief financial officer. Previously, Mr. Erceg has been employed at Canadian Pacific Railway Limited, where he has served as executive vice president and chief financial officer since May 2015. From 2010 – 2015, he was the chief financial officer for Masonite International Corporation. He began his career at The Procter & Gamble Company in 1992.

JetBlue Airways Corp. [NEW YORK] (NASDAQ: JBLU) announced that Mark Powers, executive vice president and chief financial officer, will retire from the CFO role. He will remain an advisor to the company for one year. Jim Leddy, JetBlue’s senior vice president and treasurer, will serve as CFO on an interim basis.

Perley McBride

Perley McBride

Frontier Communications Corporation [NORWALK, Conn.] (NASDAQ: FTR) announced that R. Perley McBride will join the Company, and will become Executive Vice President and Chief Financial Officer following a transition period. Mr. McBride will succeed John Jureller, who is stepping down to pursue other opportunities. Mr. McBride was most recently CFO at Cable & Wireless Communications Plc. Prior to joining Frontier, Perley McBride was the Chief Financial Officer of Cable & Wireless Communications Plc until its May 2016 acquisition by Liberty Global plc. Previously, Mr. McBride served as Chief Financial Officer at Leap Wireless International, from December 2012 through May 2014. Prior to Leap Wireless, he served as Executive Vice President of Finance at The Weather Company, between 2010 and 2012. He served in several senior financial management roles at Frontier between 1999 and 2010, and also between 1994 and 1997.

Prestige Brands Holdings, Inc. [TARRYTOWN, N.Y.] (NYSE: PBH) announced the appointment of Christine “Chris” Sacco to the position of Chief Financial Officer for the Company. Ms. Sacco joins Prestige following eight years at Boulder Brands, Inc. where she served as Chief Financial Officer for the last four years. Prior to Boulder, for five years she held positions of increasing financial responsibility with Alpharma, Inc., where she last held the position of Vice President, Treasurer.

Thomas Casey

Thomas Casey

Lending Club [SAN FRANCISCO] (NYSE: LC) announced that Thomas W. Casey will join as Chief Financial Officer. He replaces Brad Coleman, who will remain in his role as Principal Accounting Officer and Corporate Controller reporting into Tom Casey. Casey joins Lending Club most recently from Acelity, where he was Executive Vice President and CFO, and has more than two decades of senior financial services leadership experience at GE Capital, Washington Mutual, JP Morgan Chase, and Citicorp.

iPayment Holdings, Inc. [NEW YORK] announced the appointment of Robert Purcell as the company’s Chief Financial Officer (CFO). Purcell will assume the position of CFO upon the departure of Mark Monaco, the company’s current CFO, in November 2016. Purcell joined iPayment in 2012, and currently serves as the company’s Senior Vice President, Finance and Chief Accounting Officer. He has held numerous executive leadership positions throughout his career, most recently with Intuit, Inc., where he served as Vice President Finance, Intuit Financial Services. Purcell also served as Executive Director, Finance-Global Operations at Amgen, Inc. and was Audit Senior, Business Assurance and Advisory Services at Deloitte & Touche.

Hawkins, Inc. [MINNEAPOLIS] (NASDAQ: HWKN) announced that Kathleen P. Pepski, Vice President, Chief Financial Officer and Treasurer plans to retire. Pepski joined Hawkins in February 2008 as its Chief Financial Officer, Vice President and Treasurer.  She served as Secretary from February 2008 to November 2008.

Amkor Technology, Inc. [TEMPE, Ariz.] (NASDAQ: AMKR) announced that Megan Faust, Amkor’s Senior Vice President, Corporate Controller since 2013, has been appointed Corporate Vice President and Chief Financial Officer. Ms. Faust succeeds Joanne Solomon, who has left the Company to pursue other opportunities. Ms. Faust joined Amkor in 2005. Prior to joining Amkor, Ms. Faust served as an auditor with KPMG, LLP for 10 years.

OneSource Virtual [DALLAS] announced the appointment of John D. Bax as its new chief financial officer (CFO). Bax succeeds OSV’s current CFO Melinda Lawrence, who recently made the decision to resign in order to pursue other opportunities. Bax served as VP planning & analysis for Wal-Mart Stores, and has experience as well with Ernst & Young.

American Trucking Associations [ARLINGTON, Va.] announced that Rusty Duckworth has been promoted to the position of chief financial officer. Duckworth has worked for ATA since 1999 in a variety of roles in the accounting and finance department, most recently as senior vice president and controller.

Acelity L.P. Inc. [SAN ANTONIO] announced that Tom Casey, Executive Vice President and Chief Financial Officer for Acelity, has resigned from his role at Acelity. Todd Wyatt, Vice President, Global Corporate Finance, will serve as interim CFO while Acelity conducts the formal process of identifying Casey’s successor. Wyatt joined the company in 2004 and has previously served as Vice President, Global Corporate Finance.

Visualant, Inc. [SEATTLE] (OTCQB: VSUL) announced that it has appointed Jeff Wilson as Chief Financial Officer. Wilson brings over 12 years of experience at MicroVision, a Redmond. In addition, he previously served as Chief Financial Officer of Command Center, and Acumatica. Earlier in his career, he held senior finance and accounting positions with Siemens Medical Systems, and served as a manager at PricewaterhouseCoopers.

Stephen J. Webber

Stephen J. Webber

Cynosure, Inc. [WESTFORD, Mass.] (NASDAQ: CYNO) announced that Stephen J. Webber will join the Company as Executive Vice President. Mr. Webber will then become Chief Financial Officer and Chief Accounting Officer.  He will succeed Timothy W. Baker, who in May announced his planned retirement from Cynosure to pursue philanthropic interests. Mr. Webber joins Cynosure from Virtustream, where he was Chief Financial Officer since 2015. He previously served in multiple financial leadership roles at EMC Corporation, Virtustream’s former parent. From 2012 to 2015, Mr. Webber was Senior Vice President of Finance and Operations at EMC. During a 19-year career at EMC, Mr. Webber was promoted to leadership positions of increasing responsibility, including corporate finance, international finance, sales finance and operations for Latin America and business partner roles supporting the Enterprise Software Division and Global Services. Before that, he spent four years at Deloitte & Touche LLP in Boston.

North State [HIGH POINT, N.C.] announced that Jon Cage, vice president and chief financial officer, will retire after a 33-year career with the company. Mr. Cage will be succeeded by Scott Toth, who has been appointed vice president and chief financial officer. Mr. Toth, who joined North State in 2013, is currently director of finance & business analysis. Prior to joining North State, Mr. Toth held various management positions, including CFO, for companies repositioning themselves within the automotive, transportation and senior living industries. The companies included Arvin Industries, FedEx and Pennybyrn at Maryfield (Maryfield, Inc.). Mr. Toth began his career at Coopers & Lybrand in 1986.

Misonix, Inc. [FARMINGDALE, N.Y.] (NASDAQ: MSON) announced that it appointed Joseph Dwyer as interim Chief Financial Officer.

Ruby Tuesday, Inc. [MARYVILLE, TN] (NYSE: RT) announced the appointment of Sue Briley as Chief Financial Officer. Ms. Briley has been serving as interim Chief Financial Officer since June 2016 and prior to that, had been Vice President of Finance since joining Ruby Tuesday in July 2014.

Alex Shvartsburg

Alex Shvartsburg

Caligor [SECAUCUS, N.J.] announced that it has appointed Alex Shvartsburg as Chief Financial Officer and Chief Operating Officer. Most recently, Mr. Shvartsburg served as Vice President of Finance – Genetic, Medical and Applied Sciences Division (GSD) at Thermo Fisher Scientific. Before that, he was head of Life Technologies Corporate Development Finance Group. He began his career with Johnson and Johnson, progressing in roles of increasing responsibility.

Real Industry, Inc. [SHERMAN OAKS, Calif.] (NASDAQ: RELY) announced that it has appointed Michael Hobey as Executive Vice President and Chief Financial Officer of the Company, succeeding Kyle Ross who had been appointed as President, Interim Chief Executive Officer and Chief Investment Officer. Mr. Hobey has served as the Chief Financial Officer of the Company’s indirect wholly owned subsidiary, Real Alloy Holding, Inc., since the business’ acquisition in February 2015. Prior to joining Real Alloy, Mr. Hobey served as Chief Financial Officer of the predecessor entity known as Global Recycling & Specification Alloys at Aleris International, Inc. (“Aleris”). Mr. Hobey joined Aleris in June 2006, serving as Vice President, Corporate Development, through July 2009 when he was named Vice President and Treasurer. Before joining Aleris, he served as Vice President in the Investment Banking Division at Citigroup Global Markets and held various positions with McDonnell Douglas and Boeing immediately following college.

Regis Corporation [Minneapolis, MN] announced that Steven Spiegel gave notice of his intention to resign from his position as Chief Financial Officer. Eric Bakken, current Chief Administrative Officer and General Counsel, will become Interim CFO upon Mr. Spiegel’s departure.

Matthew Gallatin

Matthew Gallatin

Drawbridge [San Mateo, CA] announced the appointment of Matthew Gallatin as the company’s first Chief Financial Officer. Gallatin most recently served as CFO of OneLogin, and previously as CFO of ShareThis. Gallatin has also held executive roles at Brand.net, Yahoo, and Merrill Lynch.

Lumber Liquidators [TOANO, Va.] (NYSE: LL) announced that Martin “Marty” Agard will join the Company as Chief Financial Officer. Interim CFO Greg Whirley will remain with the Company in his role as Senior Vice President, Finance. Mr. Agard joins Lumber Liquidators from Kohler Company, where he most recently served as Chief Financial Officer. Prior to his role at Kohler, Mr. Agard held finance, treasury and controller roles at Georgia Pacific Corporation, as well as financial roles at Procter & Gamble and Eastman Kodak.

RedBrick Health [MINNEAPOLIS, MN] announced that Todd Laddusaw is joining its leadership team as chief financial officer. Mr. Laddusaw will oversee the company’s financial strategy and operations as RedBrick continues to grow and expand opportunities to help its clients improve engagement, well-being and performance across diverse populations. Mr. Laddusaw joins RedBrick from Healthland, Inc., where he was CFO. Prior to Healthland, he served as chief financial officer at Microedge, LL. Mr. Laddusaw has also held financial leadership positions at UnitedHealth Group, Thomson Reuters, PricewaterhouseCoopers and KPMG.

Timberline Resources Corporation [COEUR D’ALENE, IDAHO] (OTCQB: TLRS) announced the appointment of Randal Hardy as Timberline’s Chief Financial Officer and Corporate Secretary. From August 2007 to January 2016, Mr. Hardy served as Timberline’s Chief Financial Officer. Prior to joining Timberline, Mr. Hardy served in executive roles at a start-up gold exploration company, a private custom minting firm, and a historic silver mining company. Since January 2016, he has continued to perform Timberline’s CFO responsibilities as a consultant.

SC3 [ALEXANDRIA, VA] has expanded its leadership ranks by promoting David Clark to the role of Chief Financial Officer (CFO). Clark joined SC3 in 2015, serving as the company’s Vice President of Business Operations. Prior to joining SC3, he was the Vice President, Financial Planning and Analysis for ASRC Federal. He also served in increasing roles of responsibilities in various finance and business operations leadership roles in his 13-year career at Lockheed Martin.

Integer Holdings Corporation [FRISCO, Texas] announced that Michael Dinkins, executive vice president and chief financial officer, plans to leave the Company. Mr. Dinkins served on the Greatbatch Board of Directors from 2008-2012. In 2012, he transitioned from a Director into the CFO role.

Mill Steel Co. [GRAND RAPIDS, Mich.] announced the appointment of Marc Rabitoy as Chief Financial Officer (CFO) and partner. Rabitoy was most recently the Field Finance Managing Director of the Consumer Packaged Goods division at Ryder Integrated Logistics, Inc. Prior to that, he was promoted to Vice President of Finance for Total Logistics Control, LLC (TLC).

Andrew Miller

Andrew Miller

iRobot Corp. [BEDFORD, Mass.] (NASDAQ: IRBT) announced the addition of Andrew Miller, executive vice president and chief financial officer at PTC, to its board of directors increasing its size to nine members. Prior to PTC, Miller served as vice president and chief financial officer of Cepheid. He has also served in financial leadership roles at Autodesk, MarketFirst Software, Cadence Design Systems, and Silicon Graphics.

CFO Moves – week ending September 23, 2016

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CFO Moves this week include:

Smartsheet Inteliquent, Inc. W. P. Carey Inc.
The Hanover Insurance Group, Inc. SecurityScorecard QuickBase Inc.
Medsphere Systems Corporation Performance Food Group Company ForeScout Technologies, Inc.
Plexure W2O Group Kemper Corporation
Trecora Resources EasyVista Inc Duck Creek Technologies
Quorum Principal Financial Group® Rambus Inc.
ALTIVIA Intel Corporation eRelevance Corp.
Metropolitan Commercial Bank Organogenesis Inc Benefitfocus, Inc.
Stewart & Stevenson LLC Blancco Technology Group CreativeDrive
Simpler Trading Pinnacle Advanced Reliability Technologies Urban Airship
Kleo Pharmaceuticals Inc Snyder’s-Lance, Inc. Rapid Micro Biosystems

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.

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Jennifer Ceran

Jennifer Ceran

Smartsheet [BELLEVUE, Wash.] announced the addition of Jennifer Ceran as the company’s chief financial officer. Ceran, who most recently served as CFO of Quotient Technology Inc., previously was the VP of Finance at Box and Ebay/PayPal, and prior to that was Director of Corporate Finance at Cisco.

Inteliquent, Inc. [CHICAGO] announced that Kurt Abkemeier has resigned as the Company’s Chief Financial Officer in order to pursue another career opportunity.

W. P. Carey Inc. [NEW YORK] (NYSE: WPC) announced today that its Chief Financial Officer, Hisham Kader, is resigning from the position. Ms. Toni Ann Sanzone has been appointed interim CFO of W. P. Carey Inc., having served as its Chief Accounting Officer since 2015. Ms. Sanzone joined W. P. Carey in April 2013 as Global Corporate Controller. Prior to joining W. P. Carey, Ms. Sanzone served as the Corporate Controller at iStar Financial Inc., where she held various senior accounting positions from 2006 to 2013.

Jeffrey M. Farber

Jeffrey M. Farber

The Hanover Insurance Group, Inc. [WORCESTER, Mass.] (NYSE: THG) announced that Jeffrey M. Farber has been appointed executive vice president and chief financial officer. Farber joins The Hanover after five years with American International Group (AIG), where he served as the organization’s deputy chief financial officer and as chief risk officer. Prior to AIG, Farber served as chief financial officer of GAMCO Investors, Inc. Previously, he held senior accounting and finance roles at The Bear Stearns Companies, Inc., most recently as senior managing director, controller and senior vice president. He began his career at Deloitte & Touche LLP, rising to partner in the firm.

SecurityScorecard [NEW YORK] announced that Bill Siegel has been appointed Chief Financial Officer. Siegel was previously the Head of NASDAQ Private Market following Nasdaq’s acquisition of SecondMarket, where he was CEO.

QuickBase Inc. [CAMBRIDGE, Mass.] announced that Matt Hoogerland will become its Chief Financial Officer (CFO). Hoogerland will succeed William Markley, who served as QuickBase’s Interim CFO. Previously, Matt was CFO of Ozburn-Hessey Logistics. In addition to his role as CFO of OHL, Hoogerland held several senior finance management positions at Brady Corporation and Metavante Corporation. He also served in a number of progressive finance roles at Grande Cheese Company, Ford Motor Company, and First Chicago NBD.

Medsphere Systems Corporation [CARLSBAD, Calif.] announced that Rita Schaefer has been named chief financial officer (CFO). Schaefer was previously CFO for ChartLogic. Schaefer joined ChartLogic in 2000, later becoming chief financial officer. Earlier in her career, she owned a company that provided accounting and consulting services to medical practices and clinics.

Performance Food Group Company [RICHMOND, Va.] (NYSE: PFGC) announced that Tom Ondrof will join PFG as Executive Vice President & Chief Financial Officer. Ondrof succeeds Bob Evans, who is retiring after serving as CFO for seven years. Ondrof joins PFG following a 24-year career with Compass Group North America. During his tenure he served as Director of Financial Planning (1991-1996), Corporate Controller (1996-1999) and Chief Financial Officer (1999-2010). He was named Chief Strategy Officer in 2010 before serving in his most recent position of Chief Development Officer from 2013-2015.

James Beer

James Beer

ForeScout Technologies, Inc. [SAN JOSE, CA] announced the appointment of James Beer to its Board of Directors. Beer currently serves as Executive Vice President and Chief Financial Officer of McKesson Corporation. Prior to joining McKesson, Beer served as Executive Vice President and Chief Financial Officer of Symantec Corp. and as Chief Financial Officer of AMR Corp. and American Airlines.

Plexure [SAN FRANCISCO, CA] announced that it has appointed Andrew Dalziel as chief financial officer. Dalziel joins Plexure having led financial operations for several high-growth companies. His previous roles include serving as CFO of CricHQ, financial controller for Z Energy, head of International Finance for Telecom New Zealand, financial controller for Barclays and senior tax consultant for PwC.

W2O Group [SAN FRANCISCO] announced the appointment of Richard Neave as Chief Financial Officer (CFO). Neave is replacing Tony Esposito, who has been CFO since 2008 and who will continue to consult for the firm in the near term as he starts his own financial advisory practice. Neave joins from Huntsworth Health where he was global CFO. Prior to Huntsworth, he held top financial positions at Ogilvy, Medialink and Edelman.

Kemper Corporation [CHICAGO] (NYSE: KMPR) announced that James “Jim” J. McKinney will join the company in November as Senior Vice President and Chief Financial Officer. McKinney replaces Frank J. Sodaro, who will serve as a senior advisor to the company through the end of 2016. During the transition period, Richard Roeske, Kemper’s Vice President and Chief Accounting Officer, will serve as interim Chief Financial Officer. In his most recent role, McKinney served as Chief Financial Officer for the Banc of California. Prior to joining Banc of California, McKinney was Principal Accounting Officer and Global Corporate Controller for International Lease Finance Corporation (IFLC), a division of AIG. In addition, McKinney worked for RBS Citizens Asset Finance, where he held several senior finance and analytical roles. In his early career, he worked for KPMG, ServiceGas and the Federal Reserve Bank of Chicago.

Trecora Resources [SUGAR LAND, Texas] (NYSE: TREC) announced that Sami Ahmad will be appointed to the position of Chief Financial Officer, replacing Connie Cook.  Ms. Cook will remain as Treasurer and Secretary with the added title of Vice President of Accounting and Compliance.  Mr. Ahmad joins Trecora from Armada Water Assets, Inc. where he was Chief Financial Officer and served on the Board of Directors. Prior to joining Armada Water Assets in 2013, which he helped build from formation, he served as Chief Financial Officer for Southwest Water Company, and as Vice President and Treasurer for Exterran.  Earlier Mr. Ahmad worked for LyondellBasell Industries and Lyondell Chemical Company from 1998 to 2009, where his positions included Director, Corporate Development; Assistant Treasurer, Corporate Finance; and Director, Investor Relations.  From 1991 through 1998 he held various positions with ARCO Chemical Company.

Vincent Migayrou

Vincent Migayrou

EasyVista Inc. [NEW YORK] announced that Vincent Migayrou has joined EasyVista to assume the role of Chief Financial Officer. Migayrou joins EasyVista with more than 30 years of experience in CFO positions for large IT companies (SAP, CGI-Logica and Open Text) and fast growth venture-backed IT businesses (Bewan, Alter Way).

Duck Creek Technologies [COLUMBIA, S.C.] announced Vincent Chippari will join their executive team as its chief financial officer. Mr. Chippari was most recently the managing director and CFO of Interactive Data Corporation. His previous positions include serving as CFO of two private-equity backed pre-IPO technology businesses, FleetMatics Group and NameMedia, Inc., chief strategy officer of Thomson Healthcare, and executive VP and CFO of Information Holdings Inc.

Jordan Copland

Jordan Copland

Quorum [HOUSTON] announced the appointment of Jordan Copland as executive vice president and chief financial officer. Copland succeeds Rick Piacenti. Copland joins Quorum from Omnitracs, LLC, where he held the position of chief financial officer. Before joining Omnitracs, LLC, Copland held CFO positions at Harbor Freight Tools, and GSI Commerce. He also served previously in a host of senior finance and business development positions during his nine-year tenure at The Walt Disney Company.

Deanna Strable-Soethout

Deanna Strable-Soethout

Principal Financial Group® [DES MOINES, Iowa] announced that, in preparation for the retirement of current chief financial officer and executive vice president Terry J. Lillis in April 2017, Deanna D. Strable-Soethout (Strable) will assume the role of chief financial officer effective February 14, 2017. In addition, she is promoted to executive vice president of Principal®. She will retain her current position as president of United States Insurance Solutions until her successor is named. In 2015, Strable was named president of the United States Insurance Solutions. Strable joined the company in 1990 as an actuarial assistant. She was appointed actuarial associate in 1992, senior actuarial associate in 1994 and named officer in 1995. In 1999, Strable was promoted to second vice president, and then vice president in 2002. She was named senior vice president in 2005 before assuming her current position in 2015. In addition to her role within Principal, Strable currently serves as chair of the Board of Directors for LIMRA LOMA Global (LL Global, Inc) and is a member of the Board of Trustees for Simpson College. She also serves on various committees for United Way of Central Iowa and the American Council of Life Insurers (ACLI).

Rambus Inc. [Sunnyvale, CA] (NASDAQ: RMBS) announced that Rahul Mathur has accepted the position of senior vice president and chief financial officer. Prior to joining Rambus, Mr. Mathur served as senior vice president of finance at Cypress Semiconductor. Prior to that, Rahul served as vice president of finance at Spansion (later acquired by Cypress). Rahul has previously worked at numerous technology companies such as NetSuite and KLA-Tencor, and started his career as a consultant with Arthur Andersen.

ALTIVIA [HOUSTON] announced that Frank J. Hayes will join the company as Chief Financial Officer. Hayes will replace the company’s current CFO, Fred Stahelin, who is retiring after 16 years of service with the company. Hayes’ previous assignments at DuPont have included chief financial officer for DuPont Sustainable Solutions, global finance manager for DuPont Building Innovations, and global finance and planning manager for DuPont Fluoropolymers, all based in Wilmington, Delaware.  Hayes also spent four years in Singapore as a finance manager for the Dow-DuPont Elastomers Joint Venture.  Earlier in his career, Hayes worked as a line manufacturing supervisor at DuPont’s Coatings Plant in Moberly, Missouri.

Intel Corporation [SANTA CLARA, Calif.] (NASDAQ: INTC) announced the appointment of Robert “Bob” H. Swan as executive vice president and chief financial officer. He replaces Stacy Smith, who is taking a broader role within Intel leading manufacturing, sales and operations. Smith served nine years as Intel’s CFO. Swan joins Intel from growth equity firm General Atlantic where he served as an operating partner. Prior to General Atlantic, he served nine years as the CFO of eBay Inc. Before that, he was CFO at Electronic Data Systems Corp and at TRW Inc. He also served as CFO, COO and CEO of Webvan Group Inc. Prior to that, Bob served in a number of senior finance roles at General Electric.

Andy Peoples

Andy Peoples

eRelevance Corp. [AUSTIN, Texas] announced the appointment of Andrew (Andy) Peoples as Chief Financial Officer. Andy’s most recent post was CFO at Bulldog Solutions. Prior to Bulldog Solutions, Andy held various accounting positions at PriceWaterhouseCoopers, Michael Angelo Gourmet Foods, National Instruments, and Britestream Networks.

Sangeeta Kishore

Sangeeta Kishore

Metropolitan Commercial Bank [NEW YORK] announced that Sangeeta Kishore has joined the Bank’s management team as Executive Vice President and Chief Financial Officer. Prior to joining Metropolitan Commercial Bank, Ms. Kishore served as the Senior Executive Vice President, Chief Financial Officer and Senior Risk Officer at Kish Bank. She also served as the President and CEO of Hanover Community Bank.

Organogenesis Inc. [CANTON, Mass.] announced that Tim Cunningham has been appointed Chief Financial Officer. Cunningham has helped to build and develop multiple successful technology companies through their entire growth lifecycles – including Infinium Software and GFI Software.  Earlier in his career, Cunningham was with KPMG in New York.

Benefitfocus, Inc. [CHARLESTON, S.C.] (NASDAQ: BNFT) announced that Jeffrey Laborde has been appointed chief financial officer. Laborde has previously served as chief financial officer at both Infor, Inc., and SumTotal Systems. Prior to SumTotal, Laborde served as a managing director in the San Francisco office of Goldman, Sachs & Co. in its Technology, Media & Telecom Group. Laborde has also led teams for Credit Suisse First Boston’s Technology Group and prior to that, was staff and senior auditor of Arthur Andersen LLP’s Audit and Business Advisory – Enterprise Group.

Stewart & Stevenson LLC [HOUSTON] announced the appointment of Jack L. Pieper to the position of Chief Financial Officer. Jack is currently serving as the Company’s Chief Accounting Officer.

Blancco Technology Group [ATLANTA and LONDON] (LON: BLTG) announced it has appointed Keith Butcher as its Chief Financial Officer. Butcher will also join the Board of Directors in October 2016. He replaces the company’s longtime CFO, Jog Dhody, will resign from the company and the Board. Butcher has held CFO roles at several techology and e-commerce companies, including PaySafe Group, Flomerics and DataCash Group.

CreativeDrive [NEW YORK] announced that Louis-Philippe Cavallo has been named CFO. For the past year Cavallo was corporate controller at Dataminr. Prior to Dataminr, Cavallo was managing partner/controller of GroupM where he joined after seven years at Havas North America as CFO and head of Shared Services. Earlier in his career he was with JCDecaux, working first in Paris as International Controller and then in New York as Controller.

Kiersten Saathoff

Kiersten Saathoff

Simpler Trading [AUSTIN, Texas] announced the appointment of Kiersten Saathoff as Chief Financial Officer. Kiersten Saathoff was previously the Manager of Finance and Business Operations for Yorktown Technologies. Saathoff was also Strategic Advisor for Rocketmiles, and served on the Advisory Board of Bumbershooot Ventures. After receiving her MPA from the University of Texas at Austin, she went on to hold financial and management consulting positions at PricewaterhouseCoopers and Navigant.

Pinnacle Advanced Reliability Technologies [PASADENA, TX] announced the appointment of Stephen T. Powers as Chief Financial Officer. Prior to joining PinnacleART, Powers served as Vice President of Corporate Development – Canyon Offshore at Helix Energy Solutions Group. Powers has served in a variety of finance and accounting roles of increasing responsibility at PwC Consulting, Koch Capital Markets, Aggreko and Rosetta Resources.

Urban Airship [PORTLAND, OR] announced Scott Allen as CFO. Previously, Scott served as the CFO of Intermedia. Prior to Intermedia, Scott was vice president and CFO of Citrix Online. Prior to Citrix, Scott held a variety of positions in finance at ADP, culminating as vice president and general manager.

Kleo Pharmaceuticals Inc. [NEW HAVEN, CT] announced the appointment of Roy Prieb as Chief Operating Officer and Chief Financial Officer effective immediately. Mr. Prieb will also serve on the company’s Board of Directors. He is a co-founder of Kleo Pharmaceuticals. Roy Prieb has helped launch, fund, and grow several digital ventures including Saaspire, Kellogg Media Group, Qiosk.com, and JibJab.com. Earlier in his career, Mr. Prieb was a consultant with The Boston Consulting Group.

Snyder’s-Lance, Inc. [CHARLOTTE, N.C.] announced the appointment of Alexander Pease as Executive Vice President and Chief Financial Officer. This follows the planned retirement of Rick Puckett as Chief Financial Officer. Mr. Puckett remain with the Company in a consulting role for a period of time to ensure a smooth transition. Mr. Pease joins the Company from McKinsey & Co. Mr. Pease spent a total of ten years with McKinsey & Co. in various roles, including tenures prior to and subsequent to his role at EnPro. From 2011 to 2015, Mr. Pease held the position of Senior Vice President and Chief Financial Officer of EnPro Industries (NPO).

Rapid Micro Biosystems [LOWELL, Mass.] announced the addition of Richard Kollender as Chief Business Officer and Chief Financial Officer. Mr. Kollender was most recently,a Managing Partner of Quaker Partners, and served as an active Chairman or Board Member of more than a dozen private and publicly traded companies, including Rapid Micro Biosystems.  Previously, he held positions in sales, marketing, global business development, and venture capital at GlaxoSmithKline (GSK) and its corporate venture arm, S.R. One.  Mr. Kollender began his career as a Certified Public Accountant initially with KPMG, and subsequently with Rudolph, Palitz.

CFO Moves – week ending September 30, 2016

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CFO Moves this week include:

Citizens Financial Group, Inc. State Street Corporation American Eagle Outfitters
Progress Falling Colors Technology SolarCity Corporation
Beepi, Inc. WebMD Health Corp. AgroFresh Solutions, Inc.
Drew Industries Incorporated Nebraska Book Holdings, Inc. ALLETE
Sentry Data Systems MapAnything, Inc. Williams Companies, Inc.
Alliant Energy Corporation TechTarget, Inc. Pacific Life Insurance Company
Sovrn Unified Grocers, Inc. Gladstone Commercial Corporation
International Speedway Corporation PayNearMe Inc Sonendo®, Inc
EPIC Fuels

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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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Citizens Financial Group, Inc. [PROVIDENCE, R.I.] (NYSE: CFG) announced that Chief Financial Officer Eric Aboaf is departing to become CFO of State Street Corporation. Aboaf has been CFO since April 2015. Former Citizens Financial Group CFO John Fawcett, who retired in April 2015 after the Citizens initial public offering, will come out of retirement and serve as interim CFO, subject to regulatory approval, post Aboaf’s departure until a successor has been found.

State Street Corporation [BOSTON] (NYSE: STT) announced that Eric Aboaf will join State Street as executive vice president and a member of its Management Committee. Aboaf will succeed Mike Bell as chief financial officer in March 2017. Aboaf joins State Street from Citizens Financial Group where he was CFO. Prior to this role he was with Citigroup for 12 years, most recently as global treasurer. Prior to that, he was CFO of Citigroup’s institutional client group.

American Eagle Outfitters [PITTSBURGH] (NYSE: AEO) announced that Bob Madore has been appointed Executive Vice President and Chief Financial Officer. Bob Madore served as the Chief Financial Officer of Ralph Lauren Corporation from April 2015 to September 2016. Prior to that role, he held a number of key financial and operational roles at the Ralph Lauren Corporation, including Senior Vice President of Corporate Finance from December 2010 to March 2015, and Senior Vice President of Operations and Chief Financial Officer of its retail division from 2004 to December 2010. Before joining Ralph Lauren, Bob was Chief Financial Officer for New York & Company from 2003 to 2004, and served as Chief Operating Officer and Chief Financial Officer of FutureBrand, from 2001 to 2003. Before that, he held various executive management positions at Nine West Group, Inc. from 1995 through 2000. Bob began his career in 1987 at Deloitte & Touche until 1995.

Progress [BEDFORD, Mass.] (NASDAQ: PRGS) announced the appointment of Kurt J. Abkemeier as its new chief financial officer. Abkemeier succeeds Chris E. Perkins. Prior to joining Progress, from January 2014 to September 2016, Abkemeier served as Chief Financial Officer and Executive Vice President of Inteliquent, Inc. Previously, Abkemeier served as the Vice President of Finance and Treasurer of Cbeyond, Inc. from 2005 to 2012. Abkemeier has also held various senior management positions within telecommunications-related companies and was a senior sell-side research analyst at J.P. Morgan & Co.

Falling Colors Technology [SANTA FE, N.M.] announced that Leon David Lopez has been named the company’s Chief Financial Officer. Lopez joined the firm of Waddell & Reed, Inc., as a Financial Advisor. In 2009, Lopez accepted a position as a Financial Advisor and Insurance Agent with New York Life. In 2010, Lopez took a position with the Christus St Vincent Sobering Center/Care Connection, then one with the Christus St Vincent Department of Community Health. Following his work with Christus St Vincent, Leon Lopez worked for the State of New Mexico Behavioral Health Services Division (BHSD) as their Quality Improvement Manager. In 2014, Lopez was promoted to Deputy Director of Finance and Contracts, as well as Chief Financial Officer of the Behavioral Health Collaborative.

SolarCity Corporation [SAN MATEO, Calif,] (NASDAQ: SCTY) announced that it has promoted Executive Vice President of Global Capital Markets Radford Small to the role of Chief Financial Officer. He replaces President Tanguy Serra, who will be leaving the company. Mr. Small originally joined SolarCity from Goldman, Sachs & Co. where he was a Managing Director and Chief Operating Officer for the Clean Technology and Renewables group.

David Faugno

David Faugno

Beepi, Inc. [MOUNTAIN VIEW, Calif.] announced it hired David Faugno as its chief financial officer. Faugno joins Beepi from Barracuda Networks where he led as CFO for a decade.

WebMD Health Corp. [NEW YORK] (NASDAQ: WBMD) announced that the Board of Directors has appointed Blake DeSimone, its Senior Vice President of Finance, as its Chief Financial Officer.  Mr. DeSimone succeeds Peter Anevski who is leaving the Company. Mr. DeSimone joined WebMD as its Senior Vice President of Finance in June 2015. Prior to joining WebMD, Mr. DeSimone was Chief Financial Officer of D+M Holdings. Prior to that, he was President and CFO of Advogent Group, Inc. He also served in other executive roles at Cardinal Health and Boron Lepore & Associates, Inc.  Mr. DeSimone started his career in Arthur Andersen’s Assurance Practice.

AgroFresh Solutions, Inc. [PHILADELPHIA] (NASDAQ: AGFS) announced that chief financial officer Margo Loebl will be leaving the company to pursue other professional interests.  She will be replaced by Katherine Harper. Most recently, Ms. Harper was the CFO of Tronox. Prior to joining Tronox, she served as a Product Group Chief Financial and Business Development Officer within the Rio Tinto Group.  Her early career spanned financial positions of increasing responsibility for such organizations as Gulbrandsen Group, General Chemical Corporation, Security Bureau and Westinghouse Electric Corporation.

Drew Industries Incorporated [ELKHART, Ind.] (NYSE: DW) announced that David M. Smith, Chief Financial Officer, will be leaving the Company to pursue other opportunities.  Mr. Smith joined the Company as Chief Financial Officer in September 2015.  The Company also announced that it has named Brian Hall as interim Chief Financial Officer.  Mr. Hall will serve in this role until the Board elects Mr. Smith’s replacement.  Mr. Hall joined the Company in March 2013, and has served as Corporate Controller since June 2013.  Prior to joining the Company, he spent more than 16 years in public accounting, most recently as a Senior Manager at Crowe Horwath LLP.

Jay Amond

Jay Amond

Nebraska Book Holdings, Inc. [LINCOLN, Neb.] (OTC PINK: NEEB) welcomed Jay Amond as chief financial officer. Amond was recently senior vice president and chief financial officer with Follett Higher Education Group, Inc. for almost 9 years. In addition, Amond spent many years in the retail sector in various financial executive roles.

ALLETE [DULUTH, Minn.] (NYSE: ALE) announced the retirement of Chief Financial Officer Steve DeVinck. DeVinck will remain at the company until spring 2017. DeVinck joined ALLETE in 1997 after fourteen years with the U.S. operations of Enbridge, Inc. where he held the position of chief accountant. He was promoted to assistant controller in 1999, named director, non-utility business development in 2004, and served as ALLETE controller from 2006 to 2013 before assuming the CFO role.

Tom Tran

Tom Tran

Sentry Data Systems [DEERFIELD BEACH, Fla.] announced Tom Tran as the organization’s Chief Financial Officer and Chief Operating Officer. Tran has been with Sentry since May 2016, recently accepted the position of CFO and COO. Prior to Sentry, Tran served for more than six years as CFO of WellCare Health Plans. Prior to that, Tran was president, COO and CFO of CareGuide, Inc. He also served as CFO of Uniprise, Inc. Tran has also served as CFO of ConnectiCare, Inc., as well as Blue Cross Blue Shield of Massachusetts, and as Vice President of Finance and Controller for CIGNA HealthCare.

MapAnything, Inc. [CHARLOTTE, N.C.] announced Chris Rosbrook has joined as Chief Financial Officer. Previously, he was Managing Director at Piper Jaffray Companies. Prior to that, he spent nine years at Edgeview Partners. Rosbrook started his career with a computer-aided-engineering software startup.

Williams Companies, Inc. [TULSA, Okla.] (NYSE: WMB) announced that Peter Ragauss, former Chief Financial Officer of Baker Hughes and current Board director at Apache Corporation, have been appointed to the Williams Board of Directors. Mr. Ragauss retired from Baker Hughes in November 2014 after serving eight years as Senior Vice President and Chief Financial Officer. He joined the Board of Directors of Apache Corporation in December 2014. From 2003 to 2006, prior to joining Baker Hughes, Mr. Ragauss was controller, Refining and Marketing, for BP Plc. From 2000 to 2003, he was chief executive officer for Air BP. From 1998 to 2000, he was assistant to group chief executive for BP Amoco. Earlier in his career, from 1996 to 1998, Mr. Ragauss served as vice president of Finance for El Paso Energy International. He held positions of increasing responsibility at Tenneco Inc. from 1993 to 1996, and Kidder, Peabody & Co. Incorporated from 1987 to 1993.

Alliant Energy Corporation [MADISON, Wis.] (NYSE: LNT) announced that Senior Vice President and Chief Financial Officer Tom Hanson will retire from the company. Alliant Energy has named Robert Durian as Vice President, Chief Financial Officer and Treasurer. Robert has been with the company since 1992 and has held a variety of leadership roles. He was named Controller in 2010, Chief Accounting Officer in 2011 and Vice President in 2015. He was named Treasurer earlier this year.

TechTarget, Inc. [NEWTON, Mass.] (NASDAQ: TTGT) announced that Chief Financial Officer and Treasurer, Janice O’Reilly has resigned. She will remain with the Company until December 31, 2016 to assist with the recruitment and transition to a new Chief Financial Officer. O’Reilly has been with TechTarget since June 2011.

Pacific Life Insurance Company [NEWPORT BEACH, Calif.] announced that Adrian Griggs, currently executive vice president and chief financial officer has been appointed chief operating officer. Darryl Button will join Pacific Life from Aegon N.V. to serve as chief financial officer. Mr. Button has been with Aegon N.V. since 1999, serving in an executive role for the past 11 years, including as CFO and a member of the executive board.

Sovrn [BOULDER, Colo.] announced the addition of Tim Connor to its Board of Directors. Tim is currently the CFO of Code42. Immediately prior to joining Code42, Tim was CFO at Datalogix.

Christine Neal

Christine Neal

Unified Grocers, Inc. [LOS ANGELES] announced that Executive Vice President, Chief Financial Officer Michael F. Henn is retiring. Christine Neal will be promoted to the position of Executive Vice President, Chief Financial Officer and Treasurer. Neal joined Unified in 2003, and in her previous roles she was responsible for Finance, Treasury, Strategic Planning and Human Resources. Prior to the joining the Company, Neal served for several years as a financial consultant to Unified. She also served as Chief Financial Officer for the California Restaurant Association, and was Controller for Gelson’s Markets. Neal began her career at the Cincinnati office of Arthur Young & Company, where she worked for eight years as an accountant and audit manager.

Gladstone Commercial Corporation [McLean, VA] (NASDAQ: GOOD) reported that Danielle Jones, has resigned her position as Chief Financial Officer.

International Speedway Corporation [DAYTONA BEACH, Fla.] (NASDAQ: ISCA) announced that Executive Vice President, Chief Financial Officer and Treasurer Daniel W. Houser will retire.  Mr. Houser will be succeeded by Gregory S. Motto.  Mr. Motto currently serves as the Company’s Vice President, Finance and Accounting and Controller. Mr. Motto has been with ISC since 2000. He was promoted to Vice President in April 2015 and has served as Controller for the Company since 2008.  During his time with ISC, Motto has served in a number of roles of increasing responsibility within the finance and accounting functions including Financial Analyst, Assistant Controller and Director of Strategic Planning.

Kristina Campbell

Kristina Campbell

PayNearMe Inc. [SUNNYVALE, CA] appointed Kristina Campbell as its Chief Financial Officer. Prior to joining PayNearMe Inc., Campbell served as the General Manager of GoBank.

Sonendo Inc. [LAGUNA HILLS, Calif.] announced the appointment of John (Jack) Glenn as Chief Financial Officer. Before joining Sonendo, Glenn most recently served as Chief Financial Officer of Armetheon Corporation. Prior to this, Glenn served as Chief Financial Officer of Solta Medical. Previously Glenn served as Chief Financial Officer at Cholestech, and also served as Chief Financial Officer at Invivo Corporation.

Marla Beckham

Marla Beckham

EPIC Fuels [IRVING, TX] announced the appointment of Marla Beckham as the company’s new Chief Financial Officer. Beckham joins EPIC Fuels from Atlantic Aviation. Prior to her tenure at the FBO network, Marla worked in the oil, gas and power industries in various finance positions at TXU Energy and Shell Trading North America Gas & Power. Marla also worked for accounting firm Deloitte & Touche.

CFO Moves – week ending October 7, 2016

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CFO Moves this week include:

Zynga Inc. Big Switch Networks Cytovance® Biologics, Inc.
Claire’s Stores, Inc Advance Auto Parts, Inc. Wayside Technology Group Inc.
Acorda Therapeutics, Inc. Florida East Coast Industries Taro Pharmaceutical Industries Ltd.
Armstrong Flooring, Inc. Healthcare Associates of Texas LLC Participant Media
Truett-Hurst, Inc StorageCraft® Technology Corp. DICK’S Sporting Goods, Inc.
A. Schulman, Inc. (Nasdaq: SHLM TriNet Group, Inc. Relayware
Encina Solutions, LLC Savage Premier Commercial Bancorp
Dynatronics Corporation Eagle Bulk Shipping Inc. Bar Harbor Bankshares
DAS Group of Companies Blue Cross Blue Shield of Massachusetts Track Group, Inc.
MPLX LP Lion Biotechnologies, Inc. Kareo

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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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Gerard Griffin

Gerard Griffin

Zynga Inc. [SAN FRANCISCO] (NASDAQ: ZNGA) announced that the Company has appointed Gerard Griffin as Chief Financial Officer. Before joining Zynga, Griffin spent more than 10 years at Electronic Arts, Inc. Most recently, he served as Senior Vice President of Finance where he was the finance leader for EA’s Studios, Marketing and Publishing organizations. Before that, he spent more than six years in Geneva, Switzerland as Vice President and Chief Financial Officer for EA International. Prior to joining EA, Griffin held a number of senior finance roles domestically and internationally at technology and media companies, including NBC and Primedia, as well as in public accounting with KPMG.

Big Switch Networks [SANTA CLARA, CA] announced it has appointed Wendell Laidley as Chief Financial Officer. Laidley was previously VP of Finance, Investor Relations and Treasury at AppDynamics.

Cytovance Biologics, Inc. [OKLAHOMA CITY, OK] announced the appointment of Jenny Chen to Chief Financial Officer. Prior to joining Cytovance, she was the Corporate Controller for Maxcess International.

Claire’s Stores, Inc. [HOFFMAN ESTATES, Ill] announced the appointment of Scott Huckins, as its Executive Vice President and Chief Financial Officer. Scott joins Claire’s from Sears Holdings where he served as Vice President, Treasurer and President for Sears Re for the last four years. Prior to that role, he served as Vice President, Treasury, Tax and Investor Relations for RSC Holdings, Inc. Scott has also served in a variety of key executive roles while at Koch Industries for seven years including Chief Financial Officer for their Capital Markets Division as well as President and CEO for Koch Financial Products, LLC.

Advance Auto Parts, Inc. [ROANOKE, Va.] (NYSE: AAP) announced it has appointed Tom Okray as Executive Vice President, Chief Financial Officer. Mr. Okray will succeed Mike Norona, who will remain with the Company in an advisory role until the end of the year. Most recently, Mr. Okray served as Vice President, Finance, Global Customer Fulfillment at Amazon. Prior to joining Amazon, Mr. Okray spent the majority of his career at General Motors (GM) in a variety of finance and supply chain related roles. He was most CFO, Global Product Development, Purchasing & Supply Chain. Prior to that, he held a variety of finance roles supporting GM’s operations, vehicle development, supplier and partner base around the world.

Wayside Technology Group Inc. [EATONTOWN, NJ] (NASDAQ: WSTG) announced that Michael Vesey will join as Vice President and Chief Financial Officer. Most recently he served as Vice President of SEC Reporting for OTG Management, Inc., from January to September 2016. Prior to that, Mr. Vesey served as Senior Vice President and Chief Financial Officer from 2011 to 2015, and Vice President Corporate Controller from 2006 to 2011, for Majesco Entertainment Company. He began his career with the accounting firm KPMG.

Acorda Therapeutics, Inc. [ARDSLEY, N.Y.] (NASDAQ: ACOR) announced that Chief Financial Officer Michael Rogers has left the company. Andrew Hindman, Acorda’s Chief Business Development Officer, has assumed responsibility for Financial Planning and Analysis and Investor Relations. Mr. Rogers will serve as a consultant to the Company through the end of the year as part of this transition.

Florida East Coast Industries [CORAL GABLES, Fla.] announced the hiring of M. Bruce Snyder as Chief Financial Officer (CFO). Snyder most recently served as Senior Vice President of Finance and Accounting for Related Companies. He also held leadership positions with global mining leader Rio Tinto including Chief Financial Officer of Rio Tinto Palabora Mining Company and Chief Financial Officer of Rio Tinto Minerals. His career has also included executive positions with the St. Joe Company, CarrAmerica Realty, and Charles E. Smith Cos.

Taro Pharmaceutical Industries Ltd. [HAWTHORNE, N.Y.] (NYSE: TARO) announced the appointment of Mariano Balaguer as Vice President, CFO and Chief Accounting Officer. Mr. Balaguer has nearly 20 years of senior management experience in finance with global companies such as Novartis Consumer Health, Nestle and most recently, the Global Strategic Portfolio Division of Henry Schein.

Armstrong Flooring, Inc. [LANCASTER, Pa.] (NYSE: AFI) announced the appointment of Michael W. Malone to its board of directors. The board also appointed Mr. Malone to its Audit Committee. Mr. Malone served more than 30 years at Polaris Industries Inc., most recently as Vice President, Finance and Chief Financial Officer from January 1997 through July 2015, retiring from the company in March 2016. From January 1997 to January 2010, he also served as Corporate Secretary of Polaris. Mr. Malone was Vice President and Treasurer of Polaris from December 1994 to January 1997 and was Chief Financial Officer and Treasurer of the predecessor company of Polaris from January 1993 to December 1994. He joined Polaris in 1984 after four years with Arthur Andersen LLP. Since 2011, Mr. Malone has served as a member of the board of directors of Don Stevens LLC.

 

Healthcare Associates of Texas LLC [DALLAS] announced that Jeffrey M. Vines has joined the company as chief financial officer. Vines was previously with Adeptus Health Inc., where he served as vice president of finance and corporate controller.

Andy Kim

Andy Kim

Participant Media [LOS ANGELES] has named Andy Kim its Chief Financial Officer. Kim will replace long-time veteran CFO Bob Murphy, who spent nine years at the company. Kim joins Participant from The Weinstein Company, where he has worked since 2005, and served as CFO since 2010. Prior to his tenure at TWC, Kim was Sr. Vice President, Finance, at Miramax Films and Assistant Vice President at Marsh (subsidiary of Marsh & McLennan Companies).

Truett-Hurst, Inc. [HEALDSBURG, Calif.] (NASDAQ: THST) announced the appointment of Evan B. Meyer as Chief Financial Officer, replacing Paul Forgue. Mr. Meyer recently served as the Chief Financial Officer of Avantel SAS. Prior to Avantel, he was the Chief Financial Officer of PaymentOne Corporation in Campbell, California from 2005 to 2015.  Prior to that, he served as Vice President of Finance and Administration at PaymentOne Corporation, from 2000 to 2004.  From 1994 to 1998, he served as Senior Manager and Principal Consultant at Pricewaterhouse Coopers LLP in San Francisco, California.

StorageCraft Technology Corp. [DRAPER, Utah] announced that Matthew Crumley is its new chief financial officer. Prior to joining StorageCraft, Crumley spent six years at inContact, Inc. prior to that, Crumley spent five years at Overstock as the director of accounting and SEC reporting and seven years as the manager of business assurance at PricewaterhouseCoopers.

DICK’S Sporting Goods, Inc. [PITTSBURGH] (NYSE: DKS) announced that Lee J. Belitsky has been appointed Executive Vice President, Chief Financial Officer. Mr. Belitsky assumes the responsibilities from André Hawaux, the Company’s Executive Vice President, Chief Operating Officer, who has served as the principal financial officer on an interim basis since August 2016. Mr. Hawaux will continue to serve as Chief Operating Officer. Mr. Belitsky joined DICK’S as Vice President, Controller in 1997 and was appointed Treasurer in 2005. Since that time, he has held a number of leadership positions, including Senior Vice President, Distribution/Transportation; Senior Vice President, Store Operations and Distribution/Transportation; Senior Vice President, Strategic Planning and Analysis and Treasury Services; Senior Vice President, Chief Risk and Compliance Officer; and Senior Vice President, Product Development. Most recently, Mr. Belitsky served as Executive Vice President, Product Development and Merchandise Planning, Allocation and Replenishment. Prior to DICK’S, Mr. Belitsky served as Chief Financial Officer for Domain, Inc., from 1993-1997. Prior to that, he spent over seven years with Morse Shoes, Inc., where he rose to Vice President, Controller and Treasurer, and nearly four years in audit at KPMG.

A. Schulman, Inc. [AKRON, Ohio] (NASDAQ: SHLM) announced that John W. Richardson has joined the Company initially as Executive Vice President – Finance. He will succeed Joseph J. Levanduski as Chief Financial Officer on November 1, 2016 to ensure a seamless transition of financial responsibilities. Richardson most recently served as chief financial officer at Qwest Communications International in 2008, having joined the company in 2003 as senior vice president & controller and also serving as chief accounting officer. He had previously served in progressively senior financial roles at Goodyear Tire & Rubber Company, including vice president – corporate finance and chief accounting officer, and as chairman and general manager of the company’s British subsidiary, spanning a 35-year career at Goodyear. Richardson retired from Goodyear in 2002.

TriNet Group, Inc. [SAN LEANDRO, Calif.] (NYSE: TNET) announced that its Vice President and Chief Financial Officer, Bill Porter, plans to retire from the company after six years of service.

Relayware [JERSEY CITY, N.J. & OXFORD, England] announced that Jennifer Fleissner has been appointed as chief financial officer. Having served as the CFO at four companies prior, Fleissner comes to Relayware from Archive Systems and Soleil Securities.

Encina Solutions, LLC [CORAL GABLES, Fla.] announced the appointment of Charles Costenbader to the position of President and Chief Financial Officer. Mr. Costenbader brings strong international experience during his work in Shanghai, China as the Chief Operating Officer of Synthesis Energy Systems, Inc. He serves as a member of the Board of Directors for several energy companies in the United States.

Savage [SALT LAKE CITY] announced that Kimo Esplin, Executive Vice President and Chief Financial Officer at Huntsman Corporation, will be joining the Company’s Board of Directors. Prior to his appointment as Huntsman Corporation’s Chief Financial Officer in 1999, Mr. Esplin served as Huntsman’s Treasurer from 1994 to 1999. He was previously a Vice President in the Investment Banking Division of Bankers Trust Company. Mr. Esplin also serves as a Director of Nutraceutical International Corporation.

Premier Commercial Bancorp [HILLSBORO, OR] (OTC PINK: PRCB) announced that it has hired Jason Wessling, as the new Chief Financial Officer for the Company and its wholly owned subsidiary, Premier Community Bank. He replaces the Company’s prior Chief Financial Officer of eight years, Bob Ekblad, who has transitioned to the role of Executive Vice President and Chief Operating Officer. Mr. Wessling was a former three year employee of Premier Community Bank.

Dynatronics Corporation [COTTONWOOD HEIGHTS, Utah] (NASDAQ: DYNT) announced the appointment of David A. Wirthlin as Chief Financial Officer (CFO).  Wirthlin will succeed Terry M. Atkinson, who will continue with Dynatronics as Director of Accounting. For 12 years, Wirthlin was Chief Financial Officer of ArmorWorks Enterprises, LLC, from June 2004 until January 2016.  Most recently, Wirthlin worked for ArmorWorks as a consultant on a contract basis.  Mr. Wirthlin previously served as Chief Financial Officer for Integrated Information Systems, Inc. and SkyMall, Inc.  He also brings seven years of public accounting and consulting experience from his time at Arthur Andersen in San Francisco and Salt Lake City.

Eagle Bulk Shipping Inc. [STAMFORD, Conn.] (NASDAQ: EGLE) announced that Frank De Costanzo will join the Company as Chief Financial Officer and Secretary. Mr. De Costanzo succeeds Adir Katzav who has decided to step down to pursue other professional opportunities. Mr. De Costanzo most recently served as Senior Vice President and Chief Financial Officer of the Catalyst Paper Corporation.  Mr. De Costanzo also previously served as Vice President and Global Treasurer at Kinross Gold Corporation. Earlier in his career, Mr. De Costanzo served in positions of increasing responsibility at Pitney Bowes Inc., including Assistant Treasurer, Director of Internal Audit and Finance Director, International, for Pitney Bowes Software.  He also worked at The Dai-Ichi Kangyo Bank and Union Bank of Switzerland.

Josephine Iannelli

Josephine Iannelli

Bar Harbor Bankshares [Bar Harbor, Maine] appointed Josephine Iannelli as Executive Vice President, Chief Financial Officer and Treasurer of the Company and the Bank. She replaces the Company’s Interim Chief Financial Officer Bradford Kopp. Prior to this appointment, Ms. Iannelli served as Senior Executive Vice President, Chief Financial Officer of Berkshire Hills Bancorp, Inc. (“Berkshire”), having previously served Berkshire as Executive Vice President, Chief Financial Officer since January 2014. She was the principal financial and accounting officer of Berkshire, having joined as Senior Vice President, Chief Accounting Officer in March 2013. Previously, Ms. Iannelli had senior accounting policy responsibilities at several banks, including PNC Financial, National City Corporation and KeyCorp.

DAS Group of Companies [NEW YORK] announced the promotion of Robert B. Lorfink to global chief financial officer. Prior to this promotion, Lorfink was DAS CFO of the Americas and immediately preceding that, he was president and COO of Ketchum.

Blue Cross Blue Shield of Massachusetts [BOSTON] has named Andreana Santangelo as Executive Vice President and Chief Financial Officer. Santangelo replaces Allen Maltz who will retire at the end of 2016. Before joining Blue Cross, Santangelo held various leadership roles at CIGNA. She is a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries. Santangelo is also a member of the board of directors at Junior Achievement of Northern New England.

 

Track Group, Inc. [SALT LAKE CITY] (OTCQX: TRCK), announced that Mark Attarian informed the Company of his intention to resign from his position as Chief Financial Officer. Mr. Attarian joined the Company as Chief Administrative Officer on July 11, 2016, and was appointed Chief Financial Officer on September 12, 2016.

MPLX LP [FINDLAY, Ohio] (NYSE: MPLX) announced that Pamela K.M. Beall, MPLX executive vice president of Corporate Planning and Strategy, has been named executive vice president and chief financial officer of MPLX GP LLC. Beall replaces Nancy K. Buese, who is retiring to pursue other opportunities. Beall brings substantial financial experience to the CFO role, as her career has included numerous finance, accounting and commercial roles at Marathon Petroleum Corp. (NYSE: MPC) and MPLX.

Lion Biotechnologies, Inc. [NEW YORK, NY] (NASDAQ: LBIO) announced the appointment of Gregory T. Schiffman as Chief Financial Officer of the company. Most recently, Mr. Schiffman was Executive Vice President and CFO of StemCells, Inc. Prior to StemCells, Mr. Schiffman was the Executive Vice President and CFO of Dendreon Corporation. Before entering the healthcare industry, Mr. Schiffman held roles of increasing responsibility during his eleven year term with Hewlett Packard, including serving as controller of its European personal computer manufacturing and distribution operations in Grenoble, France, and as manufacturing manager and controller of its Netmetrix Division.

Kareo [IRVINE, CA] announced the hiring of Gregg Waldon as the company’s new chief financial officer. Prior to Kareo, Waldon spent seven years as the CFO at RedBrick Health. Gregg also spent three years at SoftBrands, seven years at Stellent, and seven years at GalaGen.

5 Years. 5,000 subscribers.

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5 years of CFO Moves.cfomoves5003

Every single Monday morning.

Since September 16, 2011.

And now, we have surpassed 5,000 subscribers who receive our weekly update by email. These are 5,000 people who have requested to join the list and continue to get our update every Monday morning.

If you are a subscriber, I would like to personally thank each and every one of you for signing up, staying subscribed, sharing these reports with others, and appreciating being in the know.

If you are not a subscriber yet, you too can be in the know –  sign up on the right side of the blog page.

I will admit that managing this blog has not been easy. It has taken a significant investment to ensure that you receive this update every Monday morning.

If you appreciate receiving this blog, let me know and let others know.

To all my CFOs, thank you.

Wishing you continued success,

Samuel

CFO Moves – week ending October 14, 2016

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CFO Moves this week include:

JLL International Paper S&P Global
Icon Media Direct Kissner Group Holdings LP NGDATA™
International Flavors & Fragrances Inc. Voya Financial, Inc. CALIBRE Systems, Inc.
Buffalo Wild Wings, Inc. The Howard Hughes Corporation® Kleinfelder
NICE Vendini Patheon N.V.
Black Stone Minerals, L.P. Western Area Power Administration Sanchez Energy Corporation

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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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Suellen Ravanas

Suellen Ravanas

JLL (NYSE: JLL) announced the appointment of Suellen Ravanas as Chief Financial Officer, Americas. Ravanas comes from Publicis Groupe, where she held the role of North American Chief Financial Officer for all creative agencies, including Leo Burnett, Saatchi & Saatchi and Publicis. She previously was North American CFO of Leo Burnett. Prior to Leo Burnett, Ravanas spent seven years at PepsiCo in finance and corporate strategy roles across the Tropicana, Gatorade and Quaker Oats brands. Prior to PepsiCo, she was a principal consultant for eight years with A.T. Kearney in the United States and Europe.

International Paper [MEMPHIS, Tenn.] (NYSE: IP) announced Carol L. Roberts, Senior Vice President and Chief Financial Officer, will retire. She has been serving as chief financial officer since 2011. Glenn R. Landau has been named Senior Vice President, Finance, and will become the Company’s Chief Financial Officer. Landau joined International Paper in 1991 and held positions of increasing responsibility within the Company. Landau served as vice president, Investor Relations, from 2011 to 2013.  In April 2013, he was named president, IP Latin America, and became a Senior Vice President in November 2014.

Ewout Steenbergen

Ewout Steenbergen

S&P Global [NEW YORK] (NYSE: SPGI) announced that Ewout Steenbergen has been appointed Executive Vice President and Chief Financial Officer. He replaces Rob MacKay, who has served as Interim Chief Financial Officer since August. Mr. Steenbergen will join S&P Global from Voya Financial, Inc., where he serves as Executive Vice President and Chief Financial Officer, a position he has held since 2010. Prior to his role as Voya’s CFO, Mr. Steenbergen was CFO and Chief Risk Officer for ING Asia-Pacific and held a number of management roles for ING Group, including serving as regional general manager in Hong Kong and as a Chief Executive Officer of RVS. He has also held other international roles such as CEO of ING’s Retail Business in the Czech and Slovak Republics and CEO of ING Nationale-Nederlanden Slovak Republic.

Seth Klein

Seth Klein

Icon Media Direct [LOS ANGELES, CA] announced the addition of Seth Klein as the company’s Chief Financial Officer / Chief Operations Officer. Previously, Klein consulted for Cargomatic, and was the CFO of StyleHaul. Previously, he spent six years at IAC as the VP of Finance for the emerging business and media segment and CFO of CityGrid Media. In addition, he has served in various finance roles at companies such as News Corp, DirecTV and the New York Times.

Kissner Group Holdings LP [OVERLAND PARK, Kan.] announced that it has appointed Michael Lenox to the position of Chief Financial Officer. He replaces outgoing Chief Financial Officer Michael Poole.  Mr. Lenox most recently served as Vice President of Finance and Chief Accounting Officer of USA Compression Partners, LP. He has also served as Vice President and Chief Accounting Officer of Inergy, LP, and held senior roles at Ernst & Young in its Assurance and Advisory Services department.

Resonant Inc. [GOLETA, Calif.] (NASDAQ: RESN) announced that its board has appointed Jeff Killian as Chief Financial Officer. Mr. Kilian will succeed Interim CFO Ross Goolsby. Since 2010, Mr. Killian was Chief Financial Officer at Cascade Microtech, Inc. Prior to that, Mr. Killian held several positions of increasing responsibility at TriQuint Semiconductor, Inc. over an 11 year span, as well as US Bank for 20 years.

NGDATA™ [NEW YORK] announced the appointment of Didier Van der Coelden as Chief Financial Officer (CFO). In his previous position, he served as founder of CONFI-dence, an advisory service. Prior to that, Van der Coelden served as CFO of Capco.

International Flavors & Fragrances Inc. [NEW YORK] (NYSE: IFF) announced that Richard O’Leary, the Company’s current Senior Vice President, Controller and Chief Accounting Officer, has been appointed Executive Vice President and Chief Financial Officer. This announcement comes as Alison A. Cornell, Executive Vice President and Chief Financial Officer, will be leaving the company to pursue other opportunities. Most recently, since July 2015, Mr. O’Leary has served as Senior Vice President, Controller and Chief Accounting Officer. Previously, he served as IFF’s Interim Chief Financial Officer from November 2014 to July 2015; Vice President and Corporate Controller from May 2009 to November 2014; Interim Chief Financial Officer from July 2008 to May 2009; and Vice President, Corporate Development from July 2007 to May 2009. Before joining IFF, Mr. O’Leary spent 21 years at International Paper Company where he held finance leadership roles of increasing responsibility with assignments in Brazil, Belgium, France and the United States. Prior to International Paper Company, Rich was a Senior Auditor with Arthur Young & Co.

Michael S. Smith

Michael S. Smith

Voya Financial, Inc. [NEW YORK] (NYSE: VOYA), announced that Michael S. Smith has been named chief financial officer (CFO).  Smith will continue to serve on Voya’s Executive Committee. Smith succeeds Ewout Steenbergen, who has served as CFO of Voya since 2010 and has decided to depart the firm. Smith, who joined Voya in 2009, has previously served as CEO of Insurance Solutions at Voya. Smith has also served as Voya’s chief risk officer (CRO) and, prior to that, held the roles of CEO, CFO and CRO for Voya’s Annuities business. Prior to joining Voya, Smith held several leadership positions at Lincoln Financial Group, where he ultimately served as head of profitability and risk management of the company’s retirement solutions business.  He also served as CFO & CRO of Lincoln Lifeand Annuities, from 2004 to 2006, and as CFO for Lincoln Financial Distributors, from 2003 to 2004.

CALIBRE Systems, Inc. [ALEXANDRIA, Va.] announced that Jeffrey E. Giangiuli has been promoted to Senior Executive Vice President & Chief Financial Officer from Executive Vice President & Chief Operations Officer. Mr. Giangiuli will also serve as CALIBRE’s Corporate Treasurer and Secretary. He is assuming these corporate roles upon the announced retirement of Jack Mutarelli.

Buffalo Wild Wings, Inc. [MINNEAPOLIS] (NASDAQ: BWLD) announced the appointment of Harmit Singh, executive vice president and chief financial officer of Levi Strauss & Co., will join the Company’s Board. Prior to joining Levi Strauss & Co. in January 2013, Mr. Singh served as chief financial officer of Hyatt Hotels Corporation. Before Hyatt Hotels Corporation, Mr. Singh held various global leadership roles at Yum! Brand foods, including chief financial officer of Pizza Hut.

Howard Hughes Corporation [DALLAS] (NYSE: HHC) announced that David R. O’Reilly has been appointed to serve as the company’s Chief Financial Officer. O’Reilly replaces Andrew Richardson. O’Reilly served as Executive Vice President, Chief Investment Officer of Parkway Properties, Inc. from November 2011 through October 2014 and Chief Financial Officer since August 2012. He served as the Company’s Interim Chief Financial Officer from May 2012 through August 2012. Previously, O’Reilly served as Executive Vice President of Banyan Street Capital, from August 2011 through October 2011 and as director of Capital Markets for Eola Capital LLC from August 2009 through May 2011. He served in the investment banking industry as Senior Vice President of Barclays Capital Inc. from September 2008 through June 2009 and in a similar capacity for Lehman Brothers from August 2001 through September 2008.

Kleinfelder [SAN DIEGO] announced that John A. Murphy has been named Executive Vice President and Chief Financial Officer of the firm. Prior to joining Kleinfelder he served as the President and Chief Executive Officer for the Europe, Middle East, India, and Africa (EMEIA) division of WSP|Parsons Brinckerhoff. He has also served as Executive Vice President and CFO of Parsons Brinckerhoff, Chief Executive Officer of the Irving Transportation Group and Executive Vice President and Finance Director for the E&C Division of Kvaerner ASA in London.

NICE [PARAMUS, N.J.] (NASDAQ: NICE) announced that Beth Gaspich, CFO of NICE Actimize, the Company’s financial crime and compliance business unit, has been promoted to the position of Chief Financial Officer at NICE. Ms. Gaspich has been the CFO of NICE Actimize since September 2011. Prior to joining NICE, Ms. Gaspich served as the CFO of Archive Systems, and previous to that role she was a founding member of the RiskMetrics Group.

Michael Farrow

Michael Farrow

Vendini [SAN FRANCISCO] announced that Michael Farrow has been appointed CFO and head of Finance at Vendini. Michael was most recently CFO at PipelineRx. Prior to joining PipelineRx in 2014, he was CFO of CloudMade. From 2009 to 2011, Michael was CFO of NetShelter Technology Media. Farrow started his career in the entertainment industry working for several media companies including Time Warner and Viacom.

Patheon N.V. [DURHAM, N.C.] (NYSE: PTHN) announced that its executive vice president and chief financial officer, Stuart Grant, plans to retire.

Black Stone Minerals, L.P. [HOUSTON] (NYSE: BSM) announced today that Marc Carroll will retire as Senior Vice President and Chief Financial Officer. Marc has been with Black Stone for the past 12 years.

Dennis Sullivan

Dennis Sullivan

Western Area Power Administration [LAKEWOOD, Colorado] announced that Dennis Sullivan has been named Acting Senior Vice President and Chief Financial Officer. Sullivan has been the Chief Strategy Integrator for WAPA since February 2015. He spent 14 years in the Department of Defense and 10 years as a management consultant.

Sanchez Energy Corporation [HOUSTON] (NYSE: SN) announced it has appointed Howard Thill as Executive Vice President and Chief Financial Officer. Prior to joining Sanchez Energy, Thill served as Senior Vice President of Communications and Investor Relations at Devon Energy. Prior to Devon, Thill served as Vice President of Corporate, Government and Investor Relations at Marathon Oil Corp.  He began his career with Phillips Petroleum Company in 1982 as a drilling fluids engineer and subsequently held positions of increasing responsibility in natural gas operations, federal and international tax, international finance and business development before moving to investor relations.

CFO Moves – week ending October 21, 2016

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CFO Moves this week include:

Time Inc. WESCO International, Inc. Sears Holdings
Endo International plc Bambeco, Inc ITT Inc.
Myers Industries, Inc. Dynatrace Sungevity, Inc.
Cox Media Group SiteSpect, Inc. Enevate Corporation
Tronox Limited FCI Berlin Packaging
AutoGravity KaloBios Pharmaceuticals, Inc. Penn National Gaming, Inc.
Cognosante Voyager Therapeutics, Inc. POET Technologies Inc.
New Age Beverages 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.

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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.

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Time Inc. [NEW YORK] (NYSE: TIME) announced that Jeff Bairstow, EVP and CFO, will depart the company after a transition. He will remain as EVP and CFO until November 7, 2016. Thereafter, he will stay on in an advisory capacity until March 1, 2017, to ensure a smooth transition of his responsibilities. Sue D’Emic, SVP, Controller, will succeed Bairstow as EVP and CFO.

WESCO International, Inc. [PITTSBURGH] (NYSE: WCC) announced the appointment of David S. (Dave) Schulz as its Senior Vice President and Chief Financial Officer. After 15 years in financial leadership roles with Procter & Gamble and the J. M. Smucker Company, David joined Armstrong World Industries in 2011 as Vice President – Finance of the Armstrong Building Products division.  He was named Senior Vice President and Chief Financial Officer in 2013.  Most recently, Mr. Schulz was the Senior Vice President and Chief Operating Officer of Armstrong Flooring, Inc. Mr. Schulz began his career as an officer in the United States Marine Corps.

Sears Holdings [HOFFMAN ESTATES, Ill.] (NASDAQ: SHLD) announced that Jason Hollar has been promoted to chief financial officer.  The company previously announced in May that Robert A. Schriesheim would be departing from his position with the company. Mr. Hollar, 43, joined Sears Holdings in October 2014 as senior vice president. Prior to joining Sears Holdings, Mr. Hollar was at Delphi Automotive, where he served as Vice President and Corporate Controller. Prior to Delphi, Jason spent the bulk of his career at Navistar International.

Endo International plc [DUBLIN & Malvern, PA] (NASDAQ: ENDP) (TSX: ENL) announced that Suketu Upadhyay, Executive Vice President and Chief Financial Officer, is leaving the Company. Blaise Coleman, Endo’s Senior Vice President of Global Finance Operations, will serve as Interim Chief Financial Officer.

Chuck Cioffi

Chuck Cioffi

Bambeco, Inc. [BALTIMORE, MD] announced the appointment of Charles Cioffi as both the company’s Chief Financial Officer and its Chief Operating Officer. Prior to joining Bambeco, Cioffi served as SVP, COO and CFO of The Robert Allen Group, Inc. Prior to that, Cioffi held the role of VP, Chief Performance Officer for HDA, Inc. He began his career at Ernst & Young in its Entrepreneurial Services practice.

ITT Inc. [WHITE PLAINS, N.Y.] (NYSE: ITT) announced that it has elected Nicholas C. Fanandakis to its Board of Directors. Fanandakis is the Executive Vice President and Chief Financial Officer of E.I. du Pont de Nemours and Co. (DuPont). Fanandakis formerly served as Group Vice President of DuPont Applied BioSciences and Vice President of Corporate Plans, as well as in a variety of operational, marketing and product management roles in the Petrochemicals, Chemical & Pigments, Specialty Chemicals and Industrial Solutions areas.

Myers Industries, Inc. [AKRON, Ohio] (NYSE: MYE) announced that Matteo Anversa has been appointed as Executive Vice President, CFO and Corporate Secretary. Mr. Anversa joins Myers from Fiat Chrysler Automobiles N.V. where he was Vice President, Group FP&A. Mr. Anversa began his business career with General Electric Corporation and held various leadership roles during his 16-year tenure including CFO, GE Appliances, Consumer Home Services; CFO, GE Consumer & Industrial, Asia Pacific; and most recently CFO, GE Gas Engines. Mr. Anversa joined Fiat Chrysler in 2013 as the CFO, Ferrari SpA. He subsequently moved to Fiat Chrysler as Vice President, Group FP&A in 2015.

Dynatrace [BOSTON] announced the expansion of its leadership team with the appointment of Kevin Burns as chief financial officer. Prior to Dynatrace, Olesen served as senior vice president and general manager of cloud solutions at Splunk. He also led at McAfee and the software-as-a-service business at HP. Burns has experience in technology organizations, including as CFO of iCAD, Inc. and AMICAS, Inc.

Drew Hamer

Drew Hamer

Sungevity, Inc. [OAKLAND, Calif.]  announced the appointment of Drew Hamer to the role of Chief Financial Officer. Mr. Hamer joins Sungevity from ON24 where he served as Chief Financial Officer. Prior to that, Mr. Hamer was Chief Financial Officer of Keynote Systems, Inc.

Brett Fennell

Brett Fennell

Cox Media Group [ATLANTA] is promoting Brett Fennell, currently CMG’s Chief Financial Officer (CFO), to CFO & Executive VP of National Ad Platforms, which includes CoxReps, Gamut and Videa. Before joining CMG, Fennell was VP of Financial Planning and Analysis (FP&A) at Manheim. His other Cox career highlights include Assistant Vice President of FP&A at Cox Enterprises, Director of Commercial Operations at Cox Communications, and Director of FP&A at Cox Communications.

SiteSpect, Inc. [BOSTON] announced that Mike Earley has been named the company’s Chief Financial Officer (CFO).

Enevate Corporation [IRVINE, Calif.] announces that Sameer V. Rao has joined the company as its Chief Financial Officer. Sameer comes to Enevate from MaxLinear Inc. where he was a finance executive. In addition to his most recent role at MaxLinear, Sameer served as a financial leader responsible for the Operations and Manufacturing finance functions for Broadcom Corporation. While there, he also served as product and program manager for the Power Management unit of the Mobile and Wireless Group. Prior to his roles at Broadcom, he served as a management consultant at PRTM. He began his career as a highly respected technical team member on several successful engineering projects at Rockwell International and Conexant Systems.

Tronox Limited [STAMFORD, Conn.] (NYSE: TROX) announced that it has named Timothy C. Carlson as senior vice president and chief financial officer. Carlson will also serve as a company officer and as a member of the Tronox executive management team. Carlson most recently served as the chief financial officer of Precision Valve Corporation. He joined the company in July 2015. From September 2007 to May 2014, Carlson was the executive vice president, chief financial officer, and treasurer of ATMI, Inc. Earlier in his career Carlson held a series of finance, strategic planning, and auditing roles at various divisions of Campbell Soup Company.

FCI [CHANTILLY, Va.] announced that Daniel Muse has joined FCI as Chief Financial Officer (CFO). Prior to joining FCI, Mr. Muse worked as Chief Financial Officer at Sevatec, Inc.

Berlin Packaging [CHICAGO] announced that Steven M. Spiegel has joined the company as Chief Financial Officer. He replaces Neil Schwab, who served as Berlin’s CFO for 16 years until retiring this year. Spiegel comes to Berlin Packaging from Regis Corporation, where he spent almost four years as Chief Financial Officer. Prior to joining Regis, Spiegel spent seven years as Vice President of Finance at Alberto-Culver and Unilever. Spiegel also spent ten years in executive finance posts at several private-equity sponsored businesses in the consumer packaged goods industry, five years at Continental Grain Company, and seven years at Deloitte & Touche, most recently as an Audit Manager.

Lukas Wickart

Lukas Wickart

AutoGravity [IRVINE, Calif.] announced the appointment of Lukas Wickart as Chief Financial Officer. Prior to joining AutoGravity, he worked at Surf Airlines as vice president of corporate strategy and finance. Before Surf Airlines, he served as project leader at The Boston Consulting Group.

KaloBios Pharmaceuticals, Inc. [Brisbane, CA] has appointed David L. Tousley as interim Chief Financial Officer of the Company. Mr. Tousley replaces Dean “Kip” Witter III, who has ceased to serve as the Company’s interim Chief Financial Officer. Mr. Tousley has served as an independent consultant to the Company since May 2016. Prior to his work with the Company, Mr. Tousley served as acting Chief Financial Officer and then Executive Vice President and Chief Financial Officer of pharmaceutical company DARA Biosciences, Inc. from March 2012 through DARA’s acquisition by Midatech Pharma PLC in December 2015, and as Executive Vice President and Chief Financial Officer of DARA’s successor Midatech Pharma US Inc. from December 2015 through March 2016. Mr. Tousley also served as Secretary, Treasurer and Chief Financial Officer of PediatRx, Inc. from July 2010 until October 2012 and as Principal of Stratium Consulting Services, from 2007 through March 2013. Previously, Mr. Tousley served as Executive Vice President and Chief Financial Officer of airPharma, LLC and held senior management positions at PediaMed Pharmaceuticals, Inc., AVAX Technologies, Inc. and Pasteur Meriux Connaught.

Penn National Gaming, Inc. [WYOMISSING, Pa.] (NASDAQ: PENN) announced the appointment of William J. (“B.J.”) Fair, as Executive Vice President and Chief Financial Officer. Mr. Fair has served as the Company’s Executive Vice President, Chief Development Officer since 2014. Mr. Fair’s appointment follows today’s announced retirement at the end of this year of Saul V. Reibstein, who has served as Penn National’s CFO since December 2013. Mr. Reibstein will assume a transitional role with Penn National through mid-2017 to ensure a seamless transfer of his CFO responsibilities to Mr. Fair. Prior to joining Penn National, B.J. Fair served for 30 years in executive management positions in the hospitality industry, including American Skiing Company, Universal Studios and Disney Development Company. Mr. Fair previously served as President and Chief Executive Officer of American Skiing Company. Prior to American Skiing, Mr. Fair was President and Director of Universal Studios Port Aventura. Mr. Fair also served in executive management roles with the Universal Creative Division of Universal Studios and with the Disney Development Company.

Cognosante [MCLEAN, VA] announced that its Chief Financial Officer (CFO), Aaron Daniels, will retire at the end of October. In a planned transition, Cognosante’s Chief Accounting Officer, Tom Hohman, will succeed Aaron as CFO. Tom joined the company in June 2015. Aaron will remain involved with the company on an ongoing basis in an advisory capacity, allowing for a deliberate and seamless transition. Prior to joining Cognosante, Tom served as CFO of Compressus, Inc. He previously served as founding CFO of the Public Company Accounting Oversight Board.

Voyager Therapeutics, Inc. [CAMBRIDGE, Mass.] (NASDAQ: VYGR) announced a transition process for Jeff Goater, Voyager’s chief financial officer, who has advised the Company of his plans to pursue other career opportunities.

POET Technologies Inc. [SAN JOSE, Calif.] (OTCQX: POETF) (TSX: PTK) announced that Thomas R. Mika has been appointed Chief Financial Officer. Mika replaces Kevin Barnes, who will remain with the Company as Corporate Controller and Treasurer. Mika currently serves as the Chairman of the Board of Rennova Health, the successor company to CollabRx and its predecessor, Tegal Corporation. Since 2005, he has been the President and CEO, and at times the Acting Chief Financial Officer of CollabRx and Tegal, retaining those positions following its merger with Rennova Health in November 2015. Previously, Mika co-founded IMTEC, taking on the role of CEO in several ventures. Earlier in his career, Mika was a managing consultant with Cresap, McCormick & Paget and a policy analyst for the National Science Foundation.

New Age Beverages Corporation [DENVER, CO] announced that Charles “Chuck” Ence has been promoted to the role of Chief Financial Officer for New Age Beverages Corporation. For the past 13 years, Mr. Ence served as the Chief Financial Officer and part owner for New Age Beverages, LLC, until its acquisition by Bucha, Inc. on June 30, 2016. Prior to New Age, Chuck was a senior executive, Planning Manager and Director of Finance for Quantum Corp. Following Quantum he served as a Director of Finance and Investor Relations at On Command Corp. Mr. Ence began his career at PepsiCo. During his 12 years at Pepsi, Mr. Ence served as a financial analyst, planning supervisor, planning and analysis manager and ultimately controller.


CFO Moves – week ending October 28, 2016

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CFO Moves this week include:

The Sherwin-Williams Company Nordstrom Gigamon Inc.
Rocket Fuel, Inc. ALLETE, Inc. MagneGas Corporation
Oaktree Capital Group, LLC USA Truck, Inc. The Mountain
Source Support Services Systems Planning and Analysis, Inc. TruWest
Energy Hunter Resources, Inc. Cliffs Natural Resources Inc. NetBrain Technologies Inc
Newmont Mining Corporation Varian Medical Systems Magnum Hunter Resources Corporation
Demandbase MISSION EXCO Resources, Inc.
DataGravity PlanSource Black Stone Minerals, L.P.
AltheaDx, Inc Buffalo Wild Wings, Inc. Stratix
Viega LLC Aerojet Rocketdyne Holdings, Inc. Sientra, Inc.
Gladstone Commercial Corporation MINDBODY, Inc. Diversified Restaurant Holdings, Inc.
ITUS Corporation Agilysys, Inc. Ellie Mae
Diplomat Pharmacy, Inc.

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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.

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Al Mistysyn

Al Mistysyn

Sherwin-Williams Company [CLEVELAND] (NYSE: SHW) announced that its Board of Directors has elected Allen J. Mistysyn to serve as Senior Vice President – Finance and Chief Financial Officer. Mr. Mistysyn has served as Sherwin-Williams’ Senior Vice President – Corporate Controller since October 2014 and will assume the CFO duties currently held by Sean P. Hennessy. Mr. Hennessy will remain with the Company in the role of Senior Vice President – Corporate Planning, Development and Administration. Mr. Mistysyn has held a variety of operational and corporate finance leadership positions since joining Sherwin-Williams in June 1990. Prior to his appointment as Senior Vice President – Corporate Controller, he served as Vice President – Corporate Controller from May 2010 to October 2014. Mr. Mistysyn also served as Vice President – Assistant Corporate Controller from August 2009 to May 2010, Vice President – Controller, Paint and Coatings Division from November 2006 to August 2009, and Vice President – Controller, Consumer Division from February 2003 to November 2006. Additionally, Mr. Mistysyn served in various roles in our Paint Stores Group and Product Finishes Division.

Nordstrom [SEATTLE] announced that Executive Vice President and Chief Financial Officer Mike Koppel has shared his plans to retire from the company in spring 2017. Koppel joined Nordstrom in 1999 and has been the company’s Chief Financial Officer since 2001.

Gigamon Inc. [SANTA CLARA, Calif.] (NYSE: GIMO) announced that Rex S. Jackson is joining the company as chief financial officer. Rex previously served as CFO for four public companies including Rocket Fuel, JDS Uniphase, Symyx and Synopsys. He replaces Mike Burns, Gigamon’s CFO since July 2014.

Rocket Fuel, Inc. [REDWOOD CITY, Calif.] (NASDAQ: FUEL) announced that Stephen Snyder will join the company as its Chief Financial Officer. Mr. Snyder takes over from interim CFO Henrik Gerdes, who will resume his role as Vice President, Corporate Controller and Treasurer. Mr. Snyder previously served as CFO for Trilliant. Prior to that, he spent eight years at Adobe Systems, most recently as VP of Finance in the office of the CFO and before that as VP and GM for Adobe’s Channel Sales business. He also spent 13 years with Hewlett Packard in a series of increasingly senior global finance roles.

ALLETE, Inc. [DULUTH, Minn.] (NYSE: ALE) Chief Risk Officer and Senior Vice President of Energy-Centric Businesses Bob Adams has been promoted to ALLETE Chief Financial Officer. He will replace current CFO Steve DeVinck, who recently announced his intention to retire in the spring of 2017. Adams joined the Duluth-based 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.

Scott Mahoney

Scott Mahoney

MagneGas Corporation [TAMPA, Florida] (NASDAQ: MNGA) announced the appointment of Scott Mahoney to the positions of Chief Financial Officer and Secretary of the Company. Luisa Ingargiola, the Company’s current CFO, will remain on the Board of Directors and will remain actively involved in operations and capital markets activities for the Company. Prior to joining MagneGas, Mr. Mahoney served as Chief Financial Officer of Phoenix Group Metals, LLC. He has also served as Chief Financial Officer of several oil and gas companies and as Vice-President of JP Morgan Chase.

Oaktree Capital Group, LLC [LOS ANGELES] (NYSE: OAK) announced that David Kirchheimer has decided to retire as Oaktree’s Chief Financial Officer and member of its Board of Directors. He will transition to serving as an Advisory Partner for the firm. Daniel Levin, Managing Director, Head of Corporate Finance and Chief Product Officer, will assume the role of Chief Financial Officer. Prior to joining Oaktree in 2011, Mr. Levin was a Vice President in the Investment Banking Division at Goldman, Sachs & Co.

USA Truck, Inc. [VAN BUREN, Ark.] (NASDAQ: USAK) announced the appointment of James D. Reed as chief financial officer. Mr. Reed joins USA Truck from Interstate Distributor Company, where he served as CFO of Interstate and as president of its subsidiary Interstate Distributor Logistics. Mr. Reed joined Interstate in 2012 and served for a time as its senior vice president, sales. Prior to joining Interstate, Mr. Reed was senior director, finance and division CFO for EMC Corporation. Mr. Reed began his career with Intel Corporation in 1997.

Will Wescott

Will Wescott

The Mountain [KEENE, N.H.] has announced that Will Wescott has joined the company as Chief Financial Officer.

Steve Snyder

Steve Snyder

Source Support Services [LAWRENCEVILLE, Ga.] announced it has appointed Steve Snyder as its new chief financial officer. Snyder started his career with accounting firm KPMG. He then accumulated nearly 20 years of experience as the CFO of several public and private high-tech companies: Digi International; Gearworks, Inc.; X-IO Technologies, and Ancor Communications.

Systems Planning and Analysis, Inc. [ALEXANDRIA, Va.] has named Alan R. Stewart Senior Vice President and Chief Financial Officer. Prior to joining SPA, Mr. Stewart was the CFO for Vistronix. Before that, Mr. Stewart served as the CFO for Oceus Networks and ICF International.

TruWest [CLEVELAND] announced the hiring of new Chief Financial Officer Brent R. Leslie. Mr. Leslie joins TruWest from the Port of Cleveland. Mr. Leslie began his career at professional services firm PricewaterHouseCoopers LLP in Washington, DC.

Energy Hunter Resources, Inc. [DALLAS] announced that its Board of Directors has appointed Roger Burks as Interim Chief Financial Officer. Roger Burks is currently executive managing director and CEO of WG Consulting, LLC. He has experience from over 20 years with Deloitte & Touche and 14 years as a senior executive in the energy industry.

Cliffs Natural Resources Inc. [CLEVELAND] (NYSE: CLF) announced that it has appointed Eric M. Rychel to its Board of Directors. Mr. Rychel is Executive Vice President, Chief Financial Officer and Treasurer of Aleris Corporation. He joined Aleris in 2012. Mr. Rychel was a managing director in the Industrials Group at Barclays Capital, Inc. between 2010 and 2012. Prior to that, Mr. Rychel was a managing director at Deutsche Bank Securities, Inc., from 1998 to 2009. Mr. Rychel began his career as an analyst at LSG Advisors.

NetBrain Technologies Inc. [BURLINGTON, Mass.] announced the addition of Jeffery Basile as Chief Financial Officer. Previously, Jeff served as Chief Financial Officer for PeopleFluent. Jeff began his career as senior auditor at Coopers & Lybrand and held the positions of Corporate Controller and Vice President of Finance at high-tech companies including Starent Networks, Viisage Technology, and Aspect Software.

Newmont Mining Corporation [DENVER] (NYSE: NEM) has appointed Nancy K. Buese to succeed Laurie Brlas as Executive Vice President and Chief Financial Officer (CFO) as part of a planned transition. Ms. Buese most recently served as Executive Vice President and CFO for MPLX. Prior to MPLX’s acquisition of MarkWest Energy Partners in 2015, Ms. Buese served for 11 years as Executive Vice President and Chief Financial Officer of MarkWest. Ms. Buese also is a former Partner with Ernst & Young.

Varian Medical Systems [PALO ALTO, Calif.] (NYSE: VAR) announced that Elisha W. Finney has informed the company of her intention to retire as executive vice president and chief financial officer.

Magnum Hunter Resources Corporation [IRVING, TX] announced that the Company has appointed Michael R. Koy as Executive Vice President and Chief Financial Officer. Prior to joining Magnum Hunter, Mr. Koy served as Chief Executive Officer of Denali Energy, LLC since 2014. Prior to his service at Denali Energy, Mr. Koy held several positions at EdgeMarc Energy, LLC. Mr. Koy served in various midstream and business development leadership roles at EdgeMarc Energy, prior to his appointment as its Chief Executive Officer. Mr. Koy began his career at BP in 1995. After a brief time with Maersk Oil in Copenhagen, Denmark, Mr. Koy joined Talisman Energy Inc. in 2009 as Vice President – Commercial for the North America Organization.

Demandbase [SAN FRANCISCO] announced that Tony Russo has joined the company as Chief Financial Officer. Before joining Demandbase, he served as CFO at Moovweb, and Efficient Frontier.

MISSION [NEW YORK] announced the promotion of Michael Abbott to Chief Operating Officer and Chief Financial Officer. Prior to joining MISSION, Abbott was the Chief Operating Officer for Specialized Bicycle Components. Previously, he served as Chief Operating Officer and Chief Financial Officer for Burton Snowboards.

EXCO Resources, Inc. [DALLAS] (NYSE: XCO) announced that Tyler Farquharson, EXCO’s current Vice President of Strategic Planning, will become EXCO’s acting Chief Financial Officer and Treasurer, following the departure of Chris Peracchi, EXCO’s current Vice President, acting Chief Financial Officer and Treasurer. Mr. Farquharson will continue to serve as EXCO’s Vice President of Strategic Planning.

DataGravity [NASHUA, N.H.] announced that Becky Zehr has joined the executive team as chief financial officer. Zehr has held numerous executive leadership positions at emerging companies including OneCloud Software, GTxcel and Exagrid.

PlanSource [ORLANDO, Fla.] announced that Michael Cooper has joined the company as Chief Financial Officer. Prior to joining PlanSource, Michael served as a senior executive at Filtration Group and CFO at several companies such as Con-Air Industries, Empower Software Solutions, Connextions, and PSS World-Medical. Michael began his financial career at Ernst & Young.

Black Stone Minerals, L.P. [HOUSTON] (NYSE: BSM) announced that Jeffrey P. Wood will assume the role of Senior Vice President and Chief Financial Officer following the previously announced departure of Marc Carroll. Mr. Wood was most recently Executive Vice President and Chief Financial Officer of Siluria Technologies, Inc. Prior to Siluria, Mr. Wood was Senior Vice President and Chief Financial Officer of Eagle Rock Energy Partners. Prior to Eagle Rock, Mr. Wood spent 11 years at Lehman Brothers Holdings, Inc. Mr. Wood started his career in public accounting with Price Waterhouse LLP.

AltheaDx, Inc. [SAN DIEGO] announced the appointment of Andrew Jackson as Chief Financial Officer. Prior to joining AltheaDx, Mr. Jackson was Chief Financial Officer and Principal Accounting Officer of Celladon Corporation. Prior to Celladon, Mr. Jackson held senior finance positions at various life science and technology companies.

Buffalo Wild Wings, Inc. [MINNEAPOLIS] (NASDAQ: BWLD), announced the appointment of Alexander (Alex) H. Ware as executive vice president and chief financial officer (CFO). Prior to joining Buffalo Wild Wings, Ware served as executive chairman of MStar Holding Corp. From 2010 to 2015, Ware served as executive vice president (EVP) of strategic development and senior advisor for the Pohlad Companies. From 2005 until its sale in 2010, he served as EVP and chief financial officer of PepsiAmericas. Previously, Ware served PepsiAmericas as senior vice president, worldwide planning and corporate development. He began his Pepsi career in 1994 and held several progressive roles with PepsiCo, including strategic planning, mergers and acquisitions, and field finance operations. Prior to PepsiCo, Ware was a management consultant with Booz, Allen and Hamilton. Ware began his career in banking with Manufacturers Hanover Trust (now JP Morgan Chase).

Stratix [NORCROSS, Ga.] announced that Jim McCormick will join the company as chief financial officer. McCormick was previously chief financial officer for Silverpop. A certified public accountant and former strategic management consultant with Accenture, McCormick was also chief financial officer for Harbinger and for Knology.

Viega LLC [BROOMFIELD, CO] announced John Sullivan as its new chief financial officer. Prior to joining to Viega, Sullivan worked as the vice president of finance for Applied Water Systems and CFO of Flow Control divisions at Xylem, a director of financial planning and analysis at Vertex Pharmaceuticals Inc. and a director of finance at Tufts Health Plan.

Paul Lundstrom

Paul Lundstrom

Aerojet Rocketdyne Holdings, Inc. [SACRAMENTO, Calif.] (NYSE: AJRD) announced that Paul R. Lundstrom will join the company as vice president of Finance and chief financial officer. Lundstrom previously spent 19 years with United Technologies Corporation (UTC), most recently serving as vice president of Investor Relations. In prior positions with UTC, Lundstrom was vice president of finance and CFO for the Building & Industrial Systems and Climate, Controls & Security businesses in Asia. He also served as vice president of finance and CFO for Carrier’s commercial HVAC business in North America. Before moving to Carrier in 2006, Lundstrom served in a variety of finance leadership positions for UTC’s aerospace and defense business, Hamilton Sundstrand.

Sientra, Inc. [SANTA BARBARA, Calif.] (NASDAQ: SIEN)  announced that Patrick F. Williams has been appointed Chief Financial Officer, Senior Vice President, and Treasurer. He succeeds Matthew Pigeon, who is stepping down from his role as Chief Financial Officer and Senior Vice President. Most recently, Mr. Williams served as Senior Vice President and Chief Financial Officer at ZELTIQ Aesthetics. Mr. Williams was at ZELTIQ for approximately four years. Prior to ZELTIQ, Mr. Williams served as Vice President of Strategy and Investor Relations, and Vice President of Finance and Investor Relations at NuVasive. Mr. Williams  currently serves on the Board of Directors of Miramar Labs.

Gladstone Commercial Corporation [MCLEAN, Va.] (NASDAQ: GOOD) announced that Michael Sodo has been appointed Chief Financial Officer. Mr. Sodo most recently served as a CFO, Treasurer and Executive Vice President of VEREIT from October 2014 through October 2015.  Mr. Sodo, a Certified Public Accountant, started his career at KPMG in the audit function before spending 11 years at Capital Automotive where he rose to Senior Vice President of Financial Reporting and Treasurer.

MINDBODY, Inc. [SAN LUIS OBISPO, Calif.] (NASDAQ: MB) announced the appointment of Cipora Herman to its Board of Directors. Herman served as Chief Financial Officer for the National Football League’s San Francisco 49ers for four seasons. Prior to joining the 49ers, Herman served as Treasurer and Vice President of Finance at Facebook. Before Facebook, Herman served as Vice President of Finance and Treasurer for Yahoo! and has held finance and banking positions at Siebel Systems (acquired by Oracle), Hewlett-Packard Co., Agilent Technologies and Goldman Sachs.

Diversified Restaurant Holdings, Inc. [SOUTHFIELD, Mich.] (NASDAQ: SAUC) announced that Phyllis A. Knight has joined Diversified Restaurant Holdings as Chief Financial Officer and Treasurer. Ms. Knight most recently served as EVP and CFO of Polar Corporation. Prior to that Ms. Knight spent eleven years at Champion Enterprises, Inc. and Champion Enterprises Holdings, LLC, the bulk of which as EVP and CFO.

ITUS Corporation [LOS ANGELES, CA] (NASDAQ: ITUS), announced that Michael Catelani has joined the company as its new Chief Financial Officer. Mr. Catelani replaces Henry Herms, who will retire at the end of December after 21 years with the company. Previously, Mike cofounded Tacere Therapeutics, Inc., and served as its Chairman, President & Chief Financial Officer until its sale. Prior to Tacere, Mike served on the Board of Directors and was the Chief Financial Officer of Benitec Biopharma Limited. Mike was Vice President and Chief Financial Officer at Axon Instruments. Previously, he was the Vice President of Finance for Media Arts Group, Inc. Mike has also worked with several early stage start-ups and has served as a contract CFO to a number of established businesses in the biotech field.

Agilysys, Inc. [ALPHARETTA, Ga.] (NASDAQ: AGYS) announced that Chief Financial Officer Janine Seebeck has notified the Company that she is resigning from her position. Tony Pritchett, the Company’s Senior Director of Operations, will serve as Interim CFO until the appointment of a permanent successor. Mr. Pritchett is a certified public accountant who joined Agilysys in 2012 as Controller of the Retail Solutions Group and has subsequently served as the Company’s Controller as well as in his current role as Senior Director of Operations.

Ellie Mae [PLEASANTON, Calif.] (NYSE: ELLI) announced that its CFO, Ed Luce has announced his intention to retire. Matt LaVay, senior vice president of finance, will become CFO. Mr. LaVay joined Ellie Mae in 2012. Prior to joining Ellie Mae, Matt held senior finance positions with Taleo Corporation, Scientific Learning Corporation, Salesforce.com, PeopleSoft, Inc. and Arthur Andersen LLP.

Diplomat Pharmacy, Inc. [FLINT, Mich.] (NYSE: DPLO) announced that Sean Whelan will step down from his role as chief financial officer and a director on Diplomat’s Board of Directors. Robin Johnson, vice president of finance and chief financial officer of Diplomat’s Specialty Infusion Division, will take on an expanded leadership role until a formal replacement has been appointed.

CFO Moves – week ending November 4, 2016

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CFO Moves this week include:

General Cable Corporation Gap Inc. Symantec Corp.
NRG Yield, Inc. Rapid7, Inc. ADT
Krause Holdings Financial Engines TreeHouse Foods, Inc.
Compass Minerals Rentech, Inc. Savara Pharmaceuticals
Actian Corporation Lucid Energy Group Venafi
Exterran Corporation CyrusOne Sheppard Pratt Health System
Selective Insurance Group, Inc. Healthways Momenta Pharmaceuticals, Inc.
ManTech International Corporation Galena Biopharma, Inc. Seed

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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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General Cable Corporation [HIGHLAND HEIGHTS, Ky.] (NYSE: BGC) announced the appointment of Matti Masanovich as Chief Financial Officer and Senior Vice President. Matti was recently at Delphi Automotive PLC where he was Vice President, Finance. Prior to that, Matti held executive roles across finance disciplines including audit, FP&A, shared services and accounting at companies such as Dura Automotive, Emcon Technologies, Collins & Aikman, Federal-Mogul, and ProBuild Holdings. Matti began his career with PricewaterhouseCoopers.

Gap Inc. [SAN FRANCISCO] (NYSE: GPS) announced that executive vice president and chief financial officer Sabrina Simmons will be leaving the company. Since joining Gap Inc. in 2001, Simmons has progressed through positions of increasing responsibility from vice president and treasurer to executive vice president. Simmons has served as the company’s CFO since late 2007.

Symantec Corp. [MOUNTAIN VIEW, Calif.] (NASDAQ: SYMC) announced that Thomas Seifert, Executive Vice President and Chief Financial Officer, has informed the Board of Directors of his plans to step down as CFO at the end of the month. Symantec’s Board of Directors has appointed Nick Noviello, formerly CFO of Blue Coat, as Executive Vice President and CFO. Nick Noviello joined Symantec as chief integration officer in August 2016, following its acquisition of Blue Coat. Prior to joining Symantec, Mr. Noviello served as CFO of Blue Coat. Previously, Mr. Noviello was executive vice president, finance and operations, and CFO for NetApp, from January 2012 through December 2015. From January 2008 until January 2012, Mr. Noviello held a variety of progressing finance positions at NetApp, including Controller and Global Controller. Prior to joining NetApp, he spent eight years at Honeywell International, where he was CFO of two global business units. Mr. Noviello started his career at PricewaterhouseCoopers.

NRG Yield, Inc. [PRINCETON, N.J.] (NYSE: NYLD, NYLD.A) announced the appointment of Chad Plotkin as Senior Vice President and Chief Financial Officer. Chad Plotkin succeeds Kirkland B. Andrews, who will continue in his role as a member of the Board of Directors of NRG Yield and the Chief Financial Officer of NRG Yield’s parent company, NRG Energy, Inc. Chad Plotkin has been employed by NRG Energy, Inc. for over nine years while most recently serving as Senior Vice President, Finance and Strategy for NRG Yield. Prior to leading Finance and Strategy for NRG Yield, Plotkin held numerous roles with NRG Energy, Inc., including as Vice President, Investor Relations, Vice President of Finance, and Vice President, Strategy, Mergers & Acquisitions.

Rapid7, Inc. [BOSTON] (NASDAQ: RPD) announced that it has appointed Judy Bruner to its Board of Directors. She has also joined the board’s audit committee. Ms. Bruner served as executive vice president and chief financial officer of SanDisk Corporation from June 2004 until the company’s acquisition by Western Digital Corporation earlier this year. Previously, she was senior vice president and chief financial officer of Palm, Inc., from September 1999 until June 2004. She also held financial management positions at 3Com Corporation, Ridge Computers, and Hewlett-Packard Company.

ADT [BOCA RATON, Fla.] announced that Jeff Likosar has joined the company as its Chief Financial Officer. Likosar joins ADT from Gardner Denver where he served as the CFO. Previous to Gardner Denver, Jeff held various roles at Dell, including Vice President of Financial Planning and Analysis, and Vice President of Operations Finance. Jeff began his career at GE in their Appliances business in Louisville, Kentucky. He soon became a leader in the organization and, throughout his 15-year tenure, he also held leadership roles in GE Plastics and GE Aircraft Engines.

Jonathan Hall

Jonathan Hall

Krause Holdings [West Des Moines, Iowa] announced that it has hired Jonathan Hall as Chief Financial Officer. Jonathan has held previous positions as the Vice President, CFO for Walmart Services, CFO, Supply Chain for Coca Cola Enterprises, and CFO for Sara Lee Bakery, Retail.

Financial Engines [SUNNYVALE, Calif.] (NASDAQ: FNGN) announced that Ray Sims plans to retire as chief financial officer in 2017.

TreeHouse Foods, Inc. [OAK BROOK, Ill.] (NYSE: THS) announced that its Board of Directors has appointed Matthew J. Foulston Executive Vice President and Chief Financial Officer.  Mr. Foulston was most recently Chief Financial Officer of Compass Minerals International, Inc. Prior to joining Compass Minerals in December 2014, Mr. Foulston was Senior Vice President of Operations and Corporate Finance at Navistar International and Vice President and Chief Financial Officer at Navistar Truck.  He previously held senior leadership positions at Mazda North America and Ford Motor Company in Germany, the United Kingdom and the United States.

Compass Minerals [OVERLAND PARK, Kan.] (NYSE: CMP) announced that its chief financial officer, Matthew Foulston, is departing the company. Current vice president and corporate controller, John Craft, has been named interim chief financial officer while the company conducts the process to identify a full-time successor. Prior to joining Compass Minerals, Craft served as chief financial officer at Delphi Connection Systems-Americas. He has also held finance leadership positions at FCI Corporation and D&M Holdings, Inc. Craft was with Ford Motor Company for 20 years, where he held numerous finance and accounting positions with increasing responsibility.

Rentech, Inc. [WASHINGTON] (NASDAQ: RTK) announced that Paul Summers has been appointed as chief financial officer. Mr. Summers will replace Jeffrey Spain, who is leaving the company. Mr. Summers served as Rentech’s vice president and treasurer immediately prior to his appointment as chief financial officer. Mr. Summers has held various finance related roles at Rentech since 2006. Prior to joining Rentech, Mr. Summers worked in investment banking. His past employers include the investment banking divisions of Salomon Smith Barney and Citigroup, Inc. as well as Allied Capital Corporation.

Savara Pharmaceuticals [AUSTIN, Texas] announced the company has appointed David L. Lowrance as its chief financial officer. Prior to joining Savara, Mr. Lowrance served at the CFO for Edgemont Pharmaceuticals. Prior to Edgemont, he served as the CFO and Secretary of Acucela Inc. From 2003 to 2011, Mr. Lowrance was vice president and CFO of Cumberland Pharmaceuticals Inc.

Actian Corporation [PALO ALTO, Calif.] announced that Gregg Hampton will assume the role of Chief Financial Officer. Gregg Hampton will step into the role of Chief Financial Officer, having served the same role at Blue Coat Systems since August 2013. Prior to the CFO role, Hampton served as Vice President of Business Operations for Blue Coat. Before joining Blue Coat, he served in various roles at HP, including General Manager of Enterprise Software and Vice President of Finance. Hampton also joined HP through its acquisition of Mercury Interactive, where he served as Vice President of Internal Audit/Global Compliance and Corporate Controller.

Ryan Moss

Ryan Moss

Lucid Energy Group [DALLAS] announced that Ryan Moss has joined the company’s leadership team as executive vice president and chief financial officer. Before he joined Lucid Mr. Moss was a partner at Perella Weinberg Partners. Prior to joining Perella Weinberg in 2013, Mr. Moss worked for Morgan Stanley’s Investment Banking Division in Houston. He joined Morgan Stanley in 2006 to co-found the midstream effort. Prior to Morgan Stanley, Mr. Moss was a member of the Energy Group at UBS Investment Bank.

Venafi [SALT LAKE CITY] announced Francois Delepine has joined the company as Chief Financial Officer (CFO). Before joining Venafi, Delepine was the CFO of Trimble Navigation. Prior to that, Delepine served as Global Business Unit CFO of VMware. Delepine has also held senior finance positions at Google, Hyperion and Apple.

Exterran Corporation [HOUSTON] (NYSE: EXTN) announced the appointment of David A. Barta as Senior Vice President and Chief Financial Officer Designate. He will succeed Jon C. Biro, who resigned as Chief Financial Officer. From 2013 until joining Exterran, Mr. Barta served as Senior Vice President and Chief Financial Officer at Accudyne Industries. Prior to Accudyne, Mr. Barta served as Chief Financial Officer of Cooper Industries for two years. He joined Cooper from Regal Beloit Corporation, where he served as Chief Financial Officer for six years. Mr. Barta previously spent nine years at Newell Rubbermaid, Inc., where he held various finance roles of increasing responsibility.

CyrusOne [DALLAS] (NASDAQ: CONE) announced that its Chief Financial Officer, Gregory R. Andrews, will be leaving the Company and will be succeeded by Diane M. Morefield. Ms. Morefield served as Executive Vice President and Chief Financial Officer of Strategic Hotels & Resorts. Ms. Morefield currently serves as a board member and the audit chair for Spirit Realty Capital. Prior to joining Strategic Hotels, Ms. Morefield served in a variety of financial, operating and investor relations roles for leading real estate organizations. She was the Chief Financial Officer of Equity International. Before that, Ms. Morefield was a senior officer with Equity Office Properties Trust. In addition, she spent her early career in real estate banking with Barclays Bank.

Ray Dziesinski

Ray Dziesinski

Sheppard Pratt Health System [BALTIMORE] announced the appointment of Ray Dziesinski as vice president and chief financial officer (CFO). He replaces Former CFO Gerald Noll. Dziesinski joins Sheppard Pratt Health System from Vanderbilt University Medical Center, where he served as chief financial officer of clinical services. Previously, Dziesinski was CFO and chief treasury officer for Children’s Medical Center of Dallas. Dziesinski also served as the director of the health industries advisory practice at PricewaterhouseCoopers (PwC), and has held roles on several boards including the Healthcare Financial Management Association (HFMA) Texas Chapter and the Georgia Nurses Association/Foundation.

Selective Insurance Group, Inc. [BRANCHVILLE, N.J.] (NASDAQ: SIGI) announced the appointment of Mark A. Wilcox as Executive Vice President and Chief Financial Officer. Mr. Wilcox succeeds Dale A. Thatcher, who retired after 16 years as Selective’s CFO. Mr. Wilcox currently serves as Senior Vice President, Corporate Controller and Chief Accounting Officer of RenaissanceRe Holdings Ltd. Mr. Wilcox previously held senior financial positions at PriceWaterhouseCoopers LLP and Bank of America Corporation.

Healthways [NASHVILLE, Tenn.] (NASDAQ: HWAY) announced that Glenn Hargreaves, the Company’s longtime Chief Accounting Officer, has been appointed by the Healthways Board of Directors as interim CFO. Mr. Hargreaves succeeds Robert E. Dries, who resigned as Chief Financial Officer. Mr. Hargreaves joined Healthways in 2005, serving initially as Director of Tax before becoming Controller in 2011 and Chief Accounting Officer in 2012.  Prior to joining Healthways, he held tax leadership positions at publicly traded U.S. Oncology and Quorum Health Group, as well as spending five years with KPMG.

Momenta Pharmaceuticals, Inc. [CAMBRIDGE, Mass.] (NASDAQ: MNTA) announced the appointment of Scott M. Storer as Senior Vice President and Chief Financial Officer. Mr. Storer will replace Momenta’s current Chief Financial Officer, Rick Shea, who will be retiring. Prior to joining Momenta, Mr. Storer was Senior Vice President, Finance at Baxalta, Inc. following its spin-out from Baxter International in July 2015. Previously, Mr. Storer held several positions with Baxter, most recently serving as Vice President of BioScience Finance. Before that he held positions of increasing responsibility at several of Baxter’s international finance divisions. Mr. Storer began his work at Baxter as a financial analyst in 1997.

ManTech International Corporation [HERNDON, Va.] (NASDAQ: MANT) announced that Kevin M. Phillips has been promoted to president and chief operating officer (COO). Phillips has served as ManTech’s chief financial officer (CFO) since 2005. Prior to CFO, Phillips served as corporate vice president, assistant to the chairman, and chief of staff. ManTech also announced that current Senior Vice President and Deputy CFO Judith L. Bjornaas will be promoted to CFO. Bjornaas has over 30 years of experience in defense contracting and previously served as both treasurer and CFO at NCI Information Systems.

Galena Biopharma, Inc. [SAN RAMON, Calif.] (NASDAQ: GALE) announced that Stephen F. Ghiglieri has been appointed as the Company’s Executive Vice President and Chief Financial Officer. Prior to Galena Biopharma, Mr. Ghiglieri served as CFO of MedData Inc.  Previously, he spent nearly 10 years at NeurogesX, ending his tenure as the Company’s Executive Vice President, Chief Operating Officer, and CFO.  Prior to that he served as the CFO of Hansen Medical, Inc.  He also held senior level finance positions at two other healthcare companies: Oacis Healthcare Systems, Inc., and Oclassen Pharmaceuticals, Inc.  Additionally, he was also the CFO and Corporate Secretary for two technology software companies: Avolent, Inc., and Andromedia, Inc. Mr. Ghiglieri began his career as an audit manager of PricewaterhouseCoopers, LLP.

JR Thompson

JR Thompson

Seed [ARLINGTON, Texas] announced that John Richard “J.R.” Thompson has been named as the Company’s Chief Financial Officer. He joins from the Harsco Corporation, where Thompson held internal audit, regional finance manager and business unit controller roles.

CFO Moves – week ending November 11, 2016

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CFO Moves this week include:

Twitter, Inc. Kohl’s Department Stores CA Technologies
Bankwell Mosaic EverString
Miller Industries, Inc. TCS Education System Exact Sciences Corp.
RiskLens, Inc AmWINS Group, Inc Science Applications International Corp.
ScanSource, Inc. Gibraltar Industries, Inc. Quantum3D, Inc
Overseas Shipholding Group, Inc. iCAD Align Technology, Inc.
JRjr33, Inc. Lion Biotechnologies, Inc. AltiGen Communications, Inc.
Builders FirstSource, Inc.

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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.

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Twitter, Inc. [SAN FRANCISCO] (NYSE: TWTR) announced that Anthony Noto who has served as the Company’s Chief Financial Officer since July, 2014, has been named COO.

Kohl’s Department Stores [MENOMONEE FALLS, Wis.] (NYSE: KSS) announced that its chief financial officer, Wesley S. McDonald, intends to retire after 14 years of service with the company.

CA Technologies [NEW YORK] (NASDAQ: CA) announced that Kieran J. McGrath has been appointed executive vice president and chief financial officer. McGrath joined CA Technologies in 2014 as corporate controller and served in that role until being named interim-CFO in July 2016. Prior to that, McGrath spent more than 30 years at IBM.

Bankwell [NEW CANAAN, Conn.] appointed Penko Ivanov as Executive Vice President, Chief Financial Officer at Bankwell Financial Group and its subsidiary, Bankwell Bank. Mr. Ivanov’s recent roles includes CFO for the US Operations of Doral Bank, and CFO of Darien Rowayton Bank. He began his career with Ernst & Young and held various accounting/finance positions at PepsiCo, GE Capital and Bridgewater Associates.

Mosaic [OAKLAND, Calif.] announced that the company has appointed Steve Controulis as Chief Financial Officer. Prior to joining Mosaic, Controulis spent 11 years as CFO of Triton Container International Limited. He also held roles at GE Capital, Heller Financial and The First National Bank of Chicago.

EverString [SAN MATEO, CA] announced the addition of Scott Broomfield as CFO. Scott Broomfield joins EverString from Xactly, most recently serving as CMO. Before that, he was CFO of Xactly. He was also the General Manager of Xactly’s emerging SMB business. Additionally, Scott has held leadership positions at Sand Hill Management Partners, Gupta Technologies, and was a managing director at Hickey and Hill.

Miller Industries, Inc. [CHATTANOOGA, Tenn.] (NYSE: MLR) announced that J. Vincent Mish, its Executive Vice President, Chief Financial Officer and Treasurer, will retire, after more than 25 years of service to the Company. The Company also announced that the Board of Directors has elected Deborah Whitmire to succeed Mr. Mish as the Executive Vice President, Chief Financial Officer and Treasurer of the Company. Ms. Whitmire currently serves as Vice President and Corporate Controller of the Company, a position she has held since January 2014.  She has served in various positions of increasing responsibility and leadership in the Company’s finance department since 1996.

TCS Education System [CHICAGO] announced that Mehul Patel has been appointed CFO. Patel joined TCS in early 2015 as associate vice president of financial planning and analysis. Prior to his tenure with TCS, Patel held roles in financial management with Discover Financial Services, in operations strategy with Enova Financial, and in strategy and operations analysis at Deloitte Consulting.

Jeff Elliott

Jeff Elliott

Exact Sciences Corp. [MADISON, Wis.] (NASDAQ: EXAS) announced the appointment of Jeff Elliott as chief financial officer. Mr. Elliott, a former senior research analyst at Robert W. Baird & Co., joined Exact Sciences as vice president, business development and strategy, in June 2016. Previously in his career, Mr. Elliott worked in various positions at Walgreens and Cap Gemini Ernst & Young.

RiskLens, Inc. [RESTON, Va.] announced the appointments of Dave Sutor to Chief Financial Officer. Barrow joins RiskLens from companies like Symantec, and Eloqua prior to its acquisition by Oracle.

AmWINS Group, Inc. [CHARLOTTE, N.C.] announced that Darin K. Stafford has joined AmWINS as its Chief Financial Officer, succeeding Scott M. Purviance. Mr. Stafford joins AmWINS from Remington Outdoor Company where, since 2009, he has served as Vice President, Corporate Controller. Before joining Remington, Mr. Stafford worked at PricewaterhouseCoopers for 15 years.

Science Applications International Corp. [MCLEAN, Va.] (NYSE: SAIC) announced the appointment of Charles A. Mathis as executive vice president and chief financial officer. Interim CFO Maria M. Bishop will resume her duties as corporate controller. Mathis joins SAIC from ScanSource Inc., where he was executive vice president and CFO since 2012. Prior to joining ScanSource, Mathis was executive vice president and CFO for Force Protection Inc. He was also the CFO for Fort Worth-based EFW, Inc., the U.S.-based subsidiary of the Israeli defense contractor, Elbit Systems.

ScanSource, Inc. [GREENVILLE, SC] (NASDAQ: SCSC) announced that Charles A. Mathis, chief financial officer, has advised the company of his intent to resign. Mr. Mathis has served as the Company’s executive vice president and chief financial officer since December 2012. The company also announced that Gerald Lyons will serve as the Company’s interim chief financial officer. Mr. Lyons had been serving as the Company’s senior vice president, corporate controller and principal accounting officer. Mr. Lyons joined the Company in April 2007.

Gibraltar Industries, Inc. [BUFFALO, N.Y.] (NASDAQ: ROCK) announced that Chief Financial Officer Kenneth W. Smith intends to retire from the Company in 2017.

Quantum3D, Inc. [MILPITAS, Calif.] announced that Ron Haskins has been appointed as CFO for Quantum3D Group, the parent company of Quantum3D, Inc. Prior to joining Quantum3D, Ron Haskins was the VP Workplace and Corporate Services for Logitech. He also served as VP Finance WW Sales & Marketing, VP Finance Products Group and in several other senior finance functions in the US as well as Europe with Logitech. Ron’s previous experience includes over 25 years in senior financial management at Dell, NEC, GTE Government Systems and Shell Oil.

Overseas Shipholding Group, Inc. [NEW YORK] (NYSE: OSG) announced that Jeffrey D. Pribor will join International Seaways as chief financial officer. Mr. Pribor was Global Head of Maritime Investment Banking at Jefferies & Company, Inc. Previously, he was Executive Vice President and Chief Financial Officer of General Maritime Corporation, from September 2004 to February 2013. Prior to General Maritime, from 2002 to 2004, Mr. Pribor was Managing Director and President of DnB NOR Markets, Inc. From 2001 to 2002, Mr. Pribor was Managing Director and Group Head of Transportation Banking at ABN AMRO, Inc. From 1996 to 2001, Mr. Pribor was Managing Director and Sector Head of Transportation and Logistics investment banking for ING Barings.

iCAD [NASHUA, N.H.] (NASDAQ: ICAD) announced that Richard C. Christopher has been appointed Executive Vice President and Chief Financial Officer. Upon Mr. Christopher’s joining of the Company, interim Chief Financial Officer R. Scott Areglado, will resume his role as Vice President and Corporate Controller. Mr. Christopher currently serves as Chief Financial and Operating Officer of Caliber Imaging & Diagnostics, Inc. He joined Caliber I.D. as Chief Financial Officer in 2014 when it was a publicly-traded company and was appointed to the Chief Operating Officer position in 2015. Prior to this, Mr. Christopher was Vice President, Finance and Chief Financial Officer of DUSA Pharmaceuticals, Inc. He joined DUSA in 2000 and held a series of positions of increasing responsibility, including serving as Chief Financial Officer from 2005.

Align Technology, Inc. [SAN JOSE, CA] (NASDAQ: ALGN) announced the retirement of David L. White who will step down as CFO. Mr. White will work closely with newly appointed CFO John F. Morici to ensure a smooth transition. White has served as Align’s CFO since 2013. John F. Morici was an executive at NBC Universal for the past nine years where he held several senior management positions in its Universal Pictures Home Entertainment U.S. and Canadian business, including chief financial officer, chief operating officer, and most recently, executive vice president and managing director. Prior to NBC Universal, Morici spent eight years in senior financial management positions at GE Healthcare, including CFO for its Diagnostic Imaging and Global Products units.

 

JRjr33, Inc. [DALLAS] [NYSE MKT: JRJR] is pleased to announce the appointment of John P. Walker as Chief Financial Officer. Christopher Brooks, who held the position, has resigned.

Lion Biotechnologies, Inc. [SAN CARLOS, CA] (NASDAQ: LBIO) announced that Greg Schiffman was appointed Chief Financial Officer (CFO). Prior to joining Lion Biotechnologies, Mr. Schiffman was Executive Vice President and CFO of StemCells, Inc. Prior to that he served as Executive Vice President and CFO of Dendreon Corporation.

AltiGen Communications, Inc. [SAN JOSE, CA] (OTCQX: ATGN) announced that Philip M. McDermott plans to retire in the Spring of 2017. Mr. McDermott joined the Company in 1999 and has served as Chief Financial Officer since then.

Builders FirstSource, Inc. [DALLAS] (NASDAQ: BLDR) announced that Peter Jackson has been named Senior Vice President and Chief Financial Officer. He will replace Chad Crow as CFO, allowing Mr. Crow to focus on his role as President and Chief Operating Officer. Mr. Jackson joins Builders FirstSource from Lennox International, Inc., where he served in various senior financial roles, most recently VP and CFO – Refrigeration Segment.  Prior to that, Mr. Jackson was Vice President, Finance – FP&A and M&A with responsibility for Lennox’s Corporate Planning and Business Development. He served as Lennox’s Residential Heating & Cooling Segment CFO from 2007-2013. Before joining Lennox, Mr. Jackson served in multiple financial leadership positions at SPX Corporation, General Electric and Gerber Scientific.

CFO Moves – week ending November 18, 2016

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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.

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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.

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.

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.

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.

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.

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.

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

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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

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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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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.

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.

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.

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

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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

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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.

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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.

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

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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

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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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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.

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.

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

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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

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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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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.

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.

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.

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.

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.

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

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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.

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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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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.

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.

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.

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

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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.

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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.

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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.

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

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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

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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.

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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.

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

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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.

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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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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.

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.

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.

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.

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.

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.

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.

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