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CFO Moves – week ending September 4, 2015

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CFO Moves this week include:

Big Lots, Inc. National Oilwell Varco, Inc. Ripple Labs
The Jewish Community Foundation of Los Angeles Allied Minds Four Oaks Fincorp, Inc.
MobileIron Loomis, Sayles & Company L.P. ShopKeep
ICMA-RC DaVita HealthCare Partners Novitex
itBit Community 1st Bank Aerohive Networks
Continuum Analytics

 

Digital Intelligence Systems, LLC BrightStar Care
Drew Industries Incorporated

 

Aehr Test Systems

 

The Motorsport Aftermarket Group
Cloud Pharmaceuticals, Inc. AMERISAFE, Inc. Perseon Corporation
SourceLink Atlas Energy Group, LLC Bookit.com

 

Priority Health MGP Ingredients, Inc. Vince Holding Corp.
LeoNovus Inc.

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.

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

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Big Lots, Inc. (NYSE: BIG) [Columbus, OH] announced that Timothy Johnson was promoted to Executive Vice President, Chief Administrative Officer and Chief Financial Officer. Mr. Johnson has been with Big Lots for 15 years and held numerous roles with increasing responsibility culminating in his prior role of Executive Vice President, Chief Financial Officer.

National Oilwell Varco, Inc. (NYSE: NOV) [Houston, TX] announced that Jose Bayardo has been named Senior Vice President and Chief Financial Officer. Mr. Bayardo succeeds Scott Duff, Interim Chief Financial Officer. Prior to joining National Oilwell Varco, Mr. Bayardo served as Senior Vice President, Resource and Business Development at Continental Resources, Inc. Prior to Continental, Mr. Bayardo spent nine years with Complete Production Services, Inc., serving in various roles, including the position of Senior Vice President, Chief Financial Officer and Treasurer. Mr. Bayardo also served in several other roles at Complete, including Vice President – Corporate Development and Investor Relations, and Vice President of a subsidiary’s Rocky Mountain and Mid-Continent operations. Prior to joining Complete Production Services, Mr. Bayardo was an investment banker with J.P. Morgan.

Ripple Labs [San Francisco, CA] announced it has appointed Bret Allenbach as the company’s Chief Financial Officer. He is the former CFO of Payments and Risk for PayPal and VP of Finance at Visa. Prior to this, Allenbach held a number of other roles during his nine years with the company, including Senior Director of Global Risk Management, Senior Director of Global Risk Analytics, and Director of the Financial Services Group. Previously, he held a number of leadership positions with Visa during a seven-year tenure, including Vice President of Finance. He has also worked in finance related roles for World Savings and Loan Association, Federal Home Loan Bank of San David CarrollFrancisco, and Pacific Gas and Electric Company.

The Jewish Community Foundation of Los Angeles [Los Angeles, CA] announced the appointment of David Carroll as senior vice president of finance and administration and chief financial officer. Carroll joins The Foundation from Playworks where he served as chief financial officer. Earlier, Carroll held the positions of chief financial officer and chief operating officer for the Community Foundation of Sonoma County for three years. He previously served as director of finance and operations for the California Association of Food Banks. Additionally, Carroll worked as research director for the California Budget Project and finance policy director for the California Association of Public Hospitals.

Allied Minds (LSE: ALM) [Boston, MA] announced that Joseph Pignato is joining its executive management team as Chief Financial Officer. After gaining experience in accounting at PKF Worldwide and Deloitte, Joe developed expertise in the effective deployment of venture capital for early stage companies during his tenure as CFO of Charles River Ventures; as General Partner, Chief Operating Officer and CFO of Prism Ventures; and as a Board Member of the Slater Technology Fund. Joe also served as Director of Finance at Lightbridge and as CFO at Swipely.

Four Oaks Fincorp, Inc. (OTC: FOFN) [Four Oaks, NC] announced Nancy Wise, Executive Vice President, Chief Financial Officer of the Company and the Bank, resigned from her positions. Deanna Hart, the Bank’s Senior Vice President and Controller since January 2014, will serve as acting Chief Financial Officer of the Company and the Bank.

MobileIron (NASDAQ: MOBL) [Mountain View, CA] announced that Simon Biddiscombe has been named Chief Financial Officer. Simon has served as interim CFO since May 2015. Most recently he served as Chief Strategy Officer and previously as Interim Chief Financial Officer at ServiceSource International, Inc. He has also served as Chief Financial Officer and Chief Executive Officer at QLogic Corp. and as Chief Financial Officer at Mindspeed Technologies.

Loomis, Sayles & Company L.P. announced the election of Paul Sherba, chief financial officer, to its Board of Directors. Paul joined Loomis Sayles in 1987 as assistant controller and was later promoted to controller, and more recently, treasurer. Paul was elevated to chief financial officer earlier this year when previous CFO Kevin Charleston was named president and chief executive officer.

John BauleShopKeep [New York, NY] announced the appointment of John Baule as the company’s new CFO. Baule started his career with Peat Marwick and then spent nearly 10 years with Bristol-Myers Squibb. He was also COO and CFO for K12. Most recently, Baule helped to lead ChannelAdvisor through their successful IPO.

ICMA-RCICMA-RC [Washington, DC] announced the appointment of Michael Guarasci as Senior Vice President and Chief Financial Officer. Before joining ICMA-RC, Mr. Guarasci served as Chief Financial Officer of Infraredx, Inc. Prior appointments include Indus Capital Partners LLC, Bear Stearns Asset Management, and Credit Suisse’s U.S. Asset Management division where he held senior financial management roles.

Davita HealthCare Partners (NYSE: DVA) [St. Petersburg, FL] has named Lauren Edgington as chief financial officer (CFO) for HealthCare Partners’ Florida market. Edgington joins DaVita HealthCare Partners from Aetna, where she was regional chief financial officer. Prior to Aetna, Edgington was CFO of UnitedHealth Group’s New York plan. Earlier in her career, Edgington was an analyst at Goldman Sachs.

Novitex [Stamford, CT] announced the appointment of Robert Rooney as Chief Financial Officer. Rooney comes to Novitex from Affinion Group, where he served for more than 10 years in various leadership positions, most recently as Executive Vice President and Chief Operating Officer. Prior, Rooney held leadership roles at Sbarro Inc., Discovery Zone and Imagine Films Entertainment.

itBit [New York, NY] announced the appointment of Kim Petry as Chief Financial Officer. Petry joins itBit from her post as CFO of Global Operations and Technology at Broadridge Financial. Prior to that, she served as the CFO and Vice President of Global Commercial/Corporate Card Payment at American Express. She previously held top corporate finance positions at TIAA-CREF and US Trust Corporation/Schwab Corporation.

Community 1st Bank (OTC: CFBN) [Auburn, CA] announced that Kevin Watson has joined as Executive Vice President and Chief Financial Officer. Mr. Watson’s banking career included service at Calnet Business Bank and Feather River State Bank, serving most of those years as Chief Financial Officer. Most recently, Mr. Watson served at North Valley Bank.

Aerohive Networks (NYSE: HIVE) [Sunnyvale, CA] announced that Gordon Brooks, the company’s CFO and senior vice president, has resigned and that John Ritchie has been appointed CFO and senior vice president. Ritchie’s career in finance has included his most recent role as the CFO of Telerik AD and public company CFO roles at Ubiquiti Networks, Electronics For Imaging and Splash Technology Holdings.

Continuum Analytics [Austin, TX] has announced Randy Russell as CFO. Previous roles include CFO of Haas Outdoors, SVP of Financial Services at ePartners, and founder/CEO of 121 Micro.

Digital Intelligence Systems, LLC [McLean, VA] announced Michael Bolton as the company’s new CFO. Prior to working at DISYS, he held senior financial and operational positions at American Traffic Solutions, ACS, Serco, and Dyncorp.

BrightStar Care [Chicago, IL] announced that Tom Lehr joined as Chief Financial Officer. Prior to BrightStar Care, Lehr was the CFO at Adventures in Advertising Corporation where he was responsible for all financial, legal, vendor relations, systems integration and operational management.

Drew Industries Incorporated (NYSE: DW) [Elkhart, IN] announced that David Smith will be joining the Company as Chief Financial Officer, succeeding Joseph Giordano, who served in that role since 2008. Smith has served for the past ten years as Senior Vice President and Chief Financial Officer of Key Safety Systems, Inc. Prior to his tenure at KSS, he served as Chief Financial Officer at Key Plastics, LLC.

Aehr Test Systems (NASDAQ: AEHR) [Fremont, CA] announced the appointment of Corporate Controller Kenneth Spink as Chief Financial Officer and VP of Finance. He will succeed Gary Larson. Mr. Spink has served at Aehr Test for seven years. He was previously Corporate Accounting Manager at Applied Materials and began his career with accounting firm Deloitte.

The Motorsport Aftermarket Group [Irving, Texas] announced the addition of a new CFO, Rick Walters. Most recently he was CFO of Service King. Prior to Service King, Rick served as a Group CFO at Sun Capital Partners.

Cloud Pharmaceuticals, Inc. [Research Triangle Park, NC] announced the appointment of Lyle Lohmeyer as CFO. Previously, Lohmeyer held financial management positions with companies such as AAIPharma, Qualia Networks, Energy Conversion Systems Holdings, Abaco Mobile and NAVTEQ. He started his career with PricewaterhouseCoopers.

AMERISAFE, Inc. (NASDAQ: AMSF) [DeRidder, LA] appointed Neal Fuller as Executive Vice President and Chief Financial Officer. From 2011 through 2013, Mr. Fuller was a Senior Vice President and Chief Financial Officer of SeaBright Holdings, Inc. From 2010 through 2011, Mr. Fuller served as Senior Vice President and Chief Financial Officer of ICW Group. From 1988 through 2009, Mr. Fuller served in multiple leadership positions ending as Senior Vice President – Finance and Treasurer for Safeco Corporation.

Perseon Corporation (NASDAQ: PRSN) [Salt Lake City, UT] announced that Chief Financial Officer William Barth has advised the Company of his plans to retire.

SourceLink [Chicago, IL] announced the appointment of Don Lewis as Chief Financial Officer. Lewis joined SourceLink in the summer of 2013 as CFO of the SourceLink Carolina location, and has now moved into the Corporate CFO role. Prior to joining SourceLink, Lewis spent 10 years with KPMG serving in the Greenville, SC office and later in their executive offices in NY.

Atlas Energy Group, LLC (NYSE: ATLS) [Philadelphia, PA] announced the appointment of Jeffrey Slotterback as Chief Financial Officer. Mr. Slotterback currently serves as Chief Accounting Officer of both Atlas companies, which has been his position since March 2011. In addition, Mr. Slotterback has served in senior financial management positions at Atlas and Atlas predecessor companies since May 2007. Prior to joining Atlas, Mr. Slotterback was a Senior Auditor at Deloitte and Touche, LLP, where he focused on energy and health care clients.

Bookit.com [Panama City Beach, FL] announced that Jack Fraser has left his role as CFO after only six months at the position.

Michael FreedPriority Health [Grand Rapids, MI] Michael Freed, president and CEO of the Company and Executive Vice President of Priority Health’s parent company, Spectrum Health, has announced that he plans to retire. Freed has led Priority Health as President and CEO since 2012 and has been a board member of the health plan since 1995. From 1995 through 2013, he also served as the Executive Vice President and CFO of the Spectrum Health System.

MGP Ingredients, Inc. (NASDAQ: MGPI) [Atchison, KS] announced that Tom Pigott will join the company as vice president of finance and chief financial officer. Pigott’s most recent position was vice president of finance for the Meal Solutions Division of Kraft Foods Group. Between 1994 and 2009, he held a succession of CFO and other financial leadership positions across a wide number of Kraft operating divisions. From 2010 to 2012, Pigott was vice president of finance for Nestle Pizza Division.

Vince Holding Corp. (NYSE: VNCE) [New York, NY] reported that David Stefko assumed the role of Interim Chief Financial Officer and Treasurer, a position previously held by Mark Brody. Prior to joining the Company, Mr. Stefko held the position of Group CFO at Sun Capital Partners. Prior to joining Sun Capital, he served as SVP, CFO & CAO of Things Remembered.

LeoNovus Inc. (TSX-V: LTV) [Sunnyvale, CA] announced its current board member, Dan Hilton, has been appointed as interim chief financial officer.  David Belgum, the current CFO, is departing the Company.


CFO Moves – week ending September 11, 2015

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CFO Moves this week include:

AECOM The Madison Square Garden Company Crocs, Inc.
CSX Express Scripts Holding Company Cvent, Inc.
Gold Resource Corporation NORMA Group Merrill Corporation
Perceptron, Inc. The Hain Celestial Group, Inc. Sotera Defense Solutions
Docker Inc. Verso Corporation General Atlantic
Coronal Group LLC Sparton Corporation Denali Therapeutics Inc.
Array BioPharma Monotype Imaging Holdings Inc. InDemand Interpreting
Astro Pak Corporation SALESWARP Calysta, Inc.
FireEye, Inc. Great Lakes Aviation, Ltd. Vita Coco
GAIN Capital Holdings, Inc.

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.

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

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AECOM (NYSE: ACM) [LOS ANGELES] announced the appointment of W. Troy Rudd as executive vice president and chief financial officer, effective Oct. 5. Rudd, a senior vice president concurrently serving as treasurer; chief operating officer, Design Consulting Services (DCS) Americas; and chief financial officer, DCS Global, assumes the CFO role held by AECOM President Stephen M. Kadenacy, who has served as CFO since 2011. Prior to joining AECOM, Rudd was a partner for 10 years with KPMG, where he held leadership roles and served many of the firm’s most-valued clients.

The Madison Square Garden Company (NYSE: MSG) [New York, NY] announced that following the spin-off of MSG Networks Inc., which is expected to occur on September 30, 2015, Bret Richter will join the company as chief financial officer. Mr. Richter is joining MSG Networks Inc. from Cablevision Systems Corporation, where he has been serving as executive vice president of corporate finance and development. Mr. Richter previously served as senior vice president of financial strategy and development at Cablevision. Before joining Cablevision in 2005, he served as president of The Richter Consulting Group, Inc., a privately held advisory firm that provided consulting services to early stage media companies. Prior to that, he served as senior vice president of finance at NTL Incorporated (a predecessor of Virgin Media), where he took on progressively senior roles, including managing all of NTL’s finance activities as its acting chief financial officer. Mr. Richter was also a member of the media investment banking advisory team at Salomon Brothers Inc.

Crocs, Inc. (NASDAQ: CROX) [NIWOT, Colo.] announced that Jeff Lasher, senior vice president and chief financial officer, is leaving the company to pursue other interests. Lasher, who joined Crocs in 2009 and was named chief financial officer in 2011, will remain with the company through early November. Mr. Lasher plans to join West Marine, Inc. as chief financial officer in November. Mike Smith, senior vice president for finance, has been named interim chief financial officer effective October 1st and will work closely with Lasher during a transition period. Smith joined Crocs earlier this year after a long career in finance, including several chief financial officer roles. Smith spent nearly two years as division senior vice president for finance at Wolverine Worldwide and, prior to its acquisition, Collective Brands Performance & Lifestyle Group, which included the Sperry Top-Sider, Saucony, Keds and Stride Rite brands.

CSX [JACKSONVILLE, Fla.] announced that Fredrik J. Eliasson has been appointed Executive Vice President and Chief Sales and Marketing Officer from his previous position as Executive Vice President and Chief Financial Officer. Frank A. Lonegro has been appointed Executive Vice President and Chief Financial Officer from his previous position as Vice President-Service Design. Eliasson was appointed as Executive Vice President and Chief Financial Officer in 2012. He previously served in key Sales and Marketing and Finance leadership roles, including as vice president of the chemicals and fertilizer business, vice president of emerging markets, vice president of commercial finance, and vice president of financial planning and analysis. He joined the company in 1995. Lonegro was most recently as vice president-service design and before that president of CSX Technology, vice president-mechanical, vice president-internal audit and associate general counsel. He joined the company in 1999.

Express Scripts Holding Company (NASDAQ: ESRX) [ST. LOUIS] announced Eric Slusser has joined the company as Executive Vice President and Chief Financial Officer. Mr. Slusser was most recently Chief Financial Officer of Gentiva Health Services, Inc. Prior to joining Gentiva in 2009, Mr. Slusser held executive roles with Centene Corporation, including serving as Executive Vice President and Chief Financial Officer, Executive Vice President of International Development, and Treasurer. Mr. Slusser also served as Executive Vice President of Finance and Chief Accounting Officer of Cardinal Health, Inc. Prior to his career in healthcare, Mr. Slusser, who is a certified public accountant, spent 10 years in a variety of finance roles within the telecommunications industry, and 12 years in public accounting. Jim Havel, the company’s former interim Chief Financial Officer, will continue with Express Scripts as Executive Vice President of Finance for an indeterminate period of time to assist with the transition.

Cvent, Inc. (NYSE: CVT) [TYSONS CORNER, Va.] announced that it has appointed Cynthia Russo as Executive Vice President and Chief Financial Officer, effective September 28, 2015. Most recently, she was Executive Vice President and CFO of publicly-traded MICROS Systems. During her 19 years at MICROS, she served in a variety of senior finance roles of increasing responsibility, from Director of Financial Reporting to Senior Vice President, Corporate Controller, and ultimately to CFO, which she served as for the last five years until MICROS’ acquisition by Oracle in September, 2014.

Gold Resource Corporation (NYSE MKT: GORO) [COLORADO SPRINGS, CO] announced the appointment of John Labate as the Company’s Chief Financial Officer (CFO). Mr. Labate has been serving as the Company’s interim CFO since May 11, 2015. His extensive resource industry experience includes previously serving as CFO for Golden Star Resources Ltd., Constellation Copper Corporation and Crown Resources Corporation. Roger Goldbaum

NORMA Group [AUBURN HILLS, Mich.] announced that Roger Goldbaum has been named chief financial officer and vice president of finance for the Americas Region. Prior to joining NORMA, Goldbaum had been CFO for Willbanks Energy Logistics and previously had served in senior management positions at Visteon and Ford Motor Company.

Merrill Corporation [ST. PAUL, Minn.] has named Tom Donnelly as the company’s new Chief Financial Officer (CFO). Donnelly replaces Bob Nazarian, who is retiring after serving Merrill Corporation for the past 15 years as its CFO. Donnelly joins Merrill from Minneapolisbased OptiMine, where he has served as a director and chief executive officer since 2014. Prior to joining OptiMine, Donnelly led Digital River, where, from 2005 to 2013, he served as the CFO, and later as chief operating officer and president. Donnelly also served as the CFO and later as president and chief operating officer of Net Perceptions, Inc. He has held several other finance and transactionrelated positions at technology and financial services companies.

Perceptron, Inc. (NASDAQ: PRCP) [PLYMOUTH, MI] appointed Dave Watza to serve as Senior Vice President and Chief Financial Officer of the Company, effective October 5, 2015. Mr. Watza joins Perceptron from TriMas Corporation, most recently as Vice President of Corporate Development and Treasury. Dave joined TriMas in 2005, holding positions of increasing responsibility and professional growth including Vice President Finance, Business Planning & Analytics; division Finance Officer for Cequent APEA in Australia; and division Finance Officer and Vice President of Finance for Cequent Performance Products.

The Hain Celestial Group, Inc. (NASDAQ:  HAIN) [LAKE SUCCESS, N.Y.] announced the appointment of Pasquale (“Pat”) Conte as Executive Vice President and Chief Financial Officer.  Stephen J. Smith, who has served as Hain Celestial’s Chief Financial Officer will remain with the Company through September 30, 2015 to ensure an orderly transition. In October, 2014 Pat was named Senior Vice President, Finance and Treasurer, having joined Hain Celestial in July, 2009 after acting as a financial consultant to the Company previously. Pat previously worked at Colgate-Palmolive Company, NYNEX Corporation and Arthur Anderson, LLP.  Prior to joining Hain Celestial, he worked at Motorola, Inc. (formerly Symbol Technologies, Inc.) in a series of financial roles of increasing responsibilities including Tax Director, Vice President and Controller and ultimately, Chief Financial Officer.

Sotera Defense Solutions [HERNDON, Va.] announced that John C. Pitsenberger has been named Executive Vice President and Chief Financial Officer. Pitsenberger was Sotera’s Corporate Controller for the past two years. Prior to joining Sotera, Mr. Pitsenberger was the Vice President and Corporate Controller for PAE through 2013. Earlier in his career he has held various accounting, finance, and planning positions at companies including Iron Bow Technologies, Apptis, Deltek, and American Management Systems (now CGI) from 1998 to 2012.

Docker Inc. announced that former Twitter executive Mike Gupta has joined Docker as its new chief financial officer (CFO). Docker has appointed former CFO Eric Bardin to the newly-created role of senior vice president (SVP) of finance and business operations. Before joining Docker, Gupta was SVP of strategic investments at Twitter, where he ran Twitter Ventures. Before taking on this role, he served as Twitter’s CFO, during which he led the company through its very successful IPO. Prior to joining Twitter, Gupta was SVP, finance and treasurer at Zynga, Inc. Prior to that, Gupta spent eight years at Yahoo! Inc. in a variety of financial roles, most recently as SVP of corporate development, finance and treasury.

Verso Corporation (NYSE: VRS) [MEMPHIS, TN] announced that Allen Campbell will become its Senior Vice President and Chief Financial Officer effective upon the commencement of his employment with Verso on September 21, 2015. Campbell has over 30 years of financial leadership experience in industrial manufacturing, including 10 years as the chief financial officer of Cooper-Standard Holdings Inc. (NYSE), the parent company of Cooper-Standard Automotive Inc. At Cooper Standard, Campbell has been the Executive Vice President and Chief Infrastructure Officer since March 2015, and he previously served as the Executive Vice President and Chief Financial Officer from 2005 to March 2015 and in other financial and corporate leadership roles of increasing responsibility from 1998 to 2004. He previously worked at The Dow Chemical Company from 1980 to 1998 in various financial and accounting positions.

General Atlantic [PALO ALTO and NEW YORK] announced today that Robert Swan, former Chief Financial Officer of eBay, Inc., has joined General Atlantic as an Operating Partner. Mr. Swan will be part of the firm’s Resources Group. He will be based in General Atlantic’s Palo Alto office. Mr. Swan joins General Atlantic from eBay where he served since 2006 as Senior Vice President, Finance, and Chief Financial Officer. Prior to eBay, Mr. Swan served as Chief Financial Officer at Electronic Data Systems Corp., TRW, Inc., and Webvan Group, Inc. Mr. Swan began his career at General Electric, serving for 15 years in numerous senior finance roles including as divisional Chief Financial Officer for GE Transportation Systems, GE Healthcare Europe, and GE Lighting. He serves as a member of the board of directors for eBay and Applied Materials, Inc.

Coronal Group LLC [GLENDALE, Calif.] announced that Philip R. Leiber has joined the team as Chief Financial Officer. Before joining Coronal, Mr. Leiber served as the CFO of the Los Angeles Department of Water and Power. Prior to that he was CFO at Seattle City Light.

Sparton Corporation (NYSE: SPA) [SCHAUMBURG, Ill.] announced that Joseph G. McCormack has been appointed as the Company’s new Chief Financial Officer. Mr. McCormack most recently joined Sparton as a Senior Financial Consultant in June of 2015. Previously, he served as the Chief Financial Officer of Ingenient Technologies Inc. Mr. McCormack was also a partner with Ernst & Young LLP.

Denali Therapeutics Inc. [SOUTH SAN FRANCISCO] announced that Steve E. Krognes will join the company as Chief Financial Officer effective October 1, 2015. Mr. Krognes joins Denali from Genentech, where he has served as CFO and as a member of the Genentech Executive Committee since 2009. Prior to that, he led Roche’s global Mergers & Acquisition team for five years and served on its global finance leadership team. Mr. Krognes has also worked as an investment banker at Goldman Sachs, management consultant at McKinsey & Company and as a venture capitalist in Scandinavia.Pat_Henanhan_Array_CFO_090415

Array BioPharma (NASDAQ: ARRY) [BOULDER, Colo.] announced that it has appointed Patricia Henahan to the position of Chief Financial Officer. Prior to joining Array, Ms. Henahan was Vice President of Finance for Hospira’s U.S. pharmaceutical-focused business. Prior to her role at Hospira, Ms. Henahan was Chief Financial Officer of iPR Pharmaceuticals, Inc., AstraZeneca Group, from 2009 to 2013.  From 2002 to 2009, Ms. Henahan provided financial leadership to the R&D organizations of AstraZeneca, MedImmune and Eli Lilly.

Monotype Imaging Holdings Inc. (NASDAQ: TYPE) [WOBURN, Mass.] announced it has hired Joseph Hill as the company’s new chief financial officer (CFO) and executive vice president. Hill succeeds Scott Landers, who will remain as Monotype’s Chief Operating Officer (COO) and is expected to be appointed CEO on January 1, 2016. Hill most recently worked at Metabolix, Inc. where he had worked since 2008 as senior vice president, CFO and treasurer. Prior, he served as senior vice president and CFO of AMICAS. Hill has also served as CFO at Dirig Software, Maconomy Corporation, Datamedic Corporation and Marcam Corporation.

InDemand Interpreting [SEATTLE] announced that Bob Nakahara has joined InDemand as the company’s new Chief Financial Officer. Previously Bob Nakahara was the Chief Financial Officer for the Washington Health Benefit Exchange. Prior to that position, he was the Chief Financial Officer for Qliance Medical Management, Inc. He was a partner at Tatum Consulting, LLC, the CFO for MedManage Systems, Inc. and the Senior Vice President/CFO of PREMERA Blue Cross of Washington and Alaska. Bob is also serving his seventh consecutive three-year term as a trustee on the Washington State Investment Board.Todd Dean

Astro Pak Corporation [COSTA MESA, Calif.] announced the appointment of Todd Dean as Chief Financial Officer. Prior to joining Astro Pak, Mr. Dean served in leadership roles in both the private and non-profit sectors. These roles have included working as a CPA with KPMG, Director of Finance for LG&E Energy, Chief Operating Officer of HomeWord, and Executive Pastor of Coast Hills Community Church. Todd served on the Astro Pak Board of Directors for the past 10 years.

SALESWARP [BALTIMORE] announced that Henry Sage has joined the company’s leadership team as Chief Financial Officer. Henry was most recently CFO and General Manager of Operations at eBizNET Solutions.

Calysta, Inc. [MENLO PARK, Calif.] named Ted Hull as Chief Financial Officer and Vice President, Finance. Mr. Hull joins Calysta from posts as Executive Vice President and Chief Financial Officer for 3-D Systems and Fusion-io, and six years as Vice President, Finance at Cisco. Previously, Mr. Hull served as CFO at Isola and as Vice President, Finance and CFO for Maxtor.

FireEye, Inc. (NASDAQ: FEYE) [MILPITAS, CA] announced that Michael Berry has been appointed senior vice president and chief financial officer. Berry is expected to join the company on September 21. Berry most recently served as executive vice president and chief financial officer of Informatica Corporation. Berry earlier led finance and other operations for a number of technology companies, including IO, SolarWinds, and i2 Technologies. FireEye also announced that Deepak Ahuja, Tesla’s first CFO, has joined the FireEye board of directors. Prior to joining Tesla, Ahuja had 15 years of global automotive finance experience at Ford, where he held various leadership positions. Berry will replace Frank Verdecanna, who will conclude his service as interim chief financial officer and continue to serve as FireEye’s vice president of finance.

Great Lakes Aviation, Ltd. [Cheyenne, WY] announced that Michael O. Matthews resigned from his position as Vice President and Chief Financial Officer. Stan Gadek was appointed Vice President and Chief Financial Officer of the Company. In 2013, Mr. Gadek founded, and continues to serve as principal of, TreadStohne Group, LLC, a management consulting and turnaround advisory services business which has provided consulting services to the Company. From 2008-2013 he was the President and Chief Executive Officer of Sun Country Airlines, a Minnesota-based airline.

Vita Coco® [NEW YORK] announced that Armando Amselem joined as Global Chief Financial Officer (CFO), a newly created role. Before joining Vita Coco, Armando spent 20 years at PepsiCo and was most recently General Manager of Tropicana North America. Prior to that, he was General Manager for PepsiCo France. During his accomplished tenure with PepsiCo, Armando held senior financial, strategic planning and management roles in North America, Latin America, France, Switzerland and the UK, including the roles of CFO of PepsiCo France from 2001-05 and Vice President of Strategic Planning and M&A for PepsiCo Europe from 2006-07. Jose Carvalho has the new title and role of Americas CFO and General Manager, Canada. He will continue to be based in New York and oversee the brand’s financial operations in North America and diversify his role by simultaneously managing Vita Coco’s growing Canada business. Jose originally joined Vita Coco in 2010 as CFO.GAIN Capital Holdings Nigel Rose

GAIN Capital Holdings, Inc. (NYSE: GCAP) [BEDMINSTER, N.J] announced that Nigel Rose has been named Executive Vice President and Chief Financial Officer effective October 1, 2015.  Mr. Rose, who is currently GAIN’s Group Finance Director, has served as the Chief Financial Officer of City Index Holdings, Inc. since 2010. GAIN acquired City Index on April 1, 2015. Mr. Rose will succeed Jason Emerson, currently Executive Vice President and Chief Financial Officer, who will be leaving the firm to pursue other interests. Prior to City Index, Mr. Rose served as Finance Director for over nine years at Blue Square, which was acquired by Rank Gaming Group plc. Prior to his time at Rank Gaming, Nigel held various senior positions in telecoms, media and broking.

CFO Moves – week ending September 18, 2015

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CFO Moves this week include:

Marsh & McLennan Companies, Inc. Adbrain Best Buy Co., Inc.
W. R. Grace & Co. Taubman Centers, Inc. La Quinta Holdings Inc.
Hudson Pacific Properties, Inc. Medytox Solutions, Inc. First Data
Paradigm Resource Management Corporation Auction.com, LLC Osiris Therapeutics, Inc.
CarGurus Crowdtap GlobalLogic
Gordmans Stores, Inc. Oncobiologics, Inc. 8minutenergy Renewables, LLC
Pearl Interactive Network, Inc. United Natural Foods, Inc. Accuray Incorporated
Ticketfly HighTower Stratus Video Interpreting
Jounce Therapeutics, Inc. Makindus, Inc. Invitation Homes
Apartment Investment and Management Company CleanSlate Addiction Treatment Centers ThreatTrack Security
PENSCO PureTech Health plc eMagin Corporation
Novak Brothers Development Ygrene Energy Fund Inc. Playwire Media
Cracker Barrel Old Country Store, Inc. API Technologies Corp. Assess Systems and Chequed.com
Endologix, Inc. Mirna Therapeutics Accuray Incorporated
Exide Technologies iQor Agritek Holdings, Inc.

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.

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

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Marsh & McLennan Companies, Inc. (NYSE: MMC) [NEW YORK] announced the appointment of Mark McGivney as Chief Financial Officer, effective January 1, 2016. Mark most recently served as SVP of Corporate Finance for Marsh & McLennan, and previously as CFO and COO of Mercer, from 2011 to 2014, and CFO of Marsh, from 2007 to 2011. Mr. McGivney succeeds J. Michael Bischoff, who is retiring after having served as Chief Financial Officer since September 2012. John Grobstein

Adbrain [SAN FRANCISCO] announced the appointment of John Grobstein as COO/CFO. John will be based in London. John previous roles included positions as principal in, and CFO/COO of, Blueslice Networks Inc. Prior to Blueslice, John was a VP at AT&T.

Best Buy Co., Inc. [MINNEAPOLIS] announced the appointment of Karen McLoughlin to its Board of Directors. McLoughlin is the chief financial officer at Cognizant Technology Solutions. McLoughlin joined Cognizant in 2003. She has been the chief financial officer since 2012. Prior to joining Cognizant, McLoughlin spent six years at Spherion Corp. (SFN Group which was acquired by Randstad in 2011) and three years at Ryder System Inc., where she held key financial management positions.

W. R. Grace & Co. (NYSE: GRA) [COLUMBIA, Md.] announced that Dean P. Freeman has been hired to be Vice President and Chief Financial Officer of GCP Applied Technologies Inc., the public company expected to be formed by a spin-off in early 2016 of Grace’s Construction Products segment and its Darex Packaging Technologies business. He will be located at the company’s global headquarters in Cambridge, MA. Previously, Freeman was with Watts Water Technologies (NYSE: WTS) in Andover, MA, where he was interim President and Chief Executive Officer after serving as Executive Vice President and Chief Financial Officer. Freeman also held senior finance and treasurer roles with Flowserve Corporation and with The Stanley Works Corporation. Prior roles included financial executive and management positions with United Technologies Corporation and SPX Corporation.Simon Leopold

Taubman Centers, Inc. (NYSE: TCO) [BLOOMFIELD HILLS, Mich.] announced that Lisa A. Payne will transition the company’s chief financial officer role to Treasurer and Executive Vice President, Capital Markets, Simon J. Leopold, effective January 1, 2016. Payne will retain her role as vice chairman of the Board until leaving the company in March 2016. Leopold joined Taubman in 2012. Prior to joining Taubman, Leopold spent 13 years as a managing director in the real estate investment banking groups at Deutsche Bank, KBW and UBS. He has also worked in a variety of urban planning and economic development positions in New York City, including in the Office of the Mayor, the Department of City Planning and the Economic Development Corporation.

La Quinta Holdings Inc. (NYSE: LQ) [IRVING, Texas] appointed Keith Cline, the Chief Financial Officer, as interim President and Chief Executive Officer. Mr. Cline has served as La Quinta’s Executive Vice President and Chief Financial Officer since January 2013. From 2011 to 2013, prior to joining La Quinta, he was Chief Administrative Officer and Chief Financial Officer at Charming Charlie, Inc., and from 2006 to 2011, Mr. Cline was Senior Vice President of Finance at Express, Inc. Mr. Cline began his career at Arthur Andersen & Company and held financial leadership roles at The J.M. Smucker Company, FedEx, Custom Critical, and L Brands, Inc.

Hudson Pacific Properties, Inc. (NYSE: HPP) [LOS ANGELES] announced that Chief Financial Officer Mark Lammas has taken on the additional responsibilities of Chief Operating Officer. Lammas has served as Chief Financial Officer and Treasurer since Hudson Pacific’s initial public offering in 2010. Prior to his current roles at Hudson Pacific, Lammas served as a consultant to the firm’s predecessor, Hudson Capital, LLC. Earlier in his career, Lammas was a senior finance executive for Maguire Properties, Inc. and worked as an attorney for Cox, Castle & Nicholson LLP.

Medytox Solutions, Inc. (OTC: MMMS) [WEST PALM BEACH, FL] announced the appointment of Jason P. Adams to the position of Chief Financial Officer. Previously, Mr. Adams served as CFO of West Central Behavioral Health (WCBH). Prior to his position at WCBH, he held similar positions at Alico, Inc. and the Source Interlink Companies, Inc.

First Data [NEW YORK] announced that Himanshu Patel has been appointed Chief Financial Officer for the company. Patel has served as First Data’s Executive Vice President of Strategy, Planning & Business Development since June 2013. Before joining First Data in mid-2013, Patel was at JPMorgan Chase & Co. for 16 years, most recently as a Managing Director leading strategy for the Chase mortgage banking division. Prior to this, from 2001 to 2011, he was a senior equity analyst for JPMorgan.

Paradigm Resource Management Corporation (OTC: PRDC) [SAN FRANCISCO] announced the appointment of Daniel Otazo as Chief Financial Officer. Mr. Otazo will also assume the position of interim Chief Executive Officer. He worked as a management consultant for PricewaterhouseCoopers in Germany, Switzerland and Spain and assumed senior executive positions in several banks in South and Central America, including Chief Executive Officer, Chief Risk Officer, Chairman of the Investment Committee, and Vice President of Finance and Controlling. Aman Kothari

Auction.com, LLC [IRVINE and SILICON VALLEY, Calif.] announced the hiring of technology finance veteran Aman Kothari as its chief financial officer. Kothari comes to Auction.com after more than 12 years at Yahoo!, where he most recently served as senior vice president, global controller and chief accounting officer. Before Yahoo!, Kothari was a senior manager with PricewaterhouseCoopers.

Osiris Therapeutics, Inc. (NASDAQ: OSIR) [COLUMBIA, Md.] announced the appointment of Gregory Law, to serve as Chief Financial Officer. Mr. Law has been employed with Osiris since 2014 as the Vice President of Finance and Principal Accounting Officer. Prior to joining Osiris in 2014, Mr. Law spent over a decade providing consulting services to public and private companies. Before his consulting career, Mr. Law held a number of increasingly responsible finance positions at various public companies, such as XO Communications, MCI and General Electric.

CarGurus [CAMBRIDGE, Mass.] announced that Jason Trevisan has joined the company as Chief Financial Officer. Prior to joining CarGurus, Trevisan was a General Partner at Polaris Partners.  He previously held various management roles at aQuantive (acquired by Microsoft in 2007) and served as a consultant with Bain & Company.

Crowdtap [NEW YORK] announced the appointment of Justin Squezello to Chief Financial Officer. Squezello is a veteran financial executive in the digital media space, with more than 15 years of experience at About.com, IAC/InterActiveCorp and Ziff Davis Media.

GlobalLogic [SAN JOSE, Calif.] announced that Doug Ahrens has joined the company as Chief Financial Officer. Ahrens comes to GlobalLogic from AppliedMicro, where he served as CFO. Previously, he was vice president of finance at Maxim Integrated.

Gordmans Stores, Inc. (NASDAQ: GMAN) [OMAHA, NE] announced that James B. Brown has been appointed Executive Vice President and Chief Financial Officer. Brown joins Gordmans from Hancock Fabrics, Inc. where he was Chief Financial Officer and Executive Vice President since 2013. Prior to Hancock Fabrics, Mr. Brown spent seven years at Fred’s Inc., in a variety of finance positions of increasing responsibility including Senior Vice President, Finance.

Oncobiologics, Inc. [CRANBURY, N.J.] announced the appointment of Lawrence A. Kenyon as its Chief Financial Officer (CFO). His most recent positions were at Arno Therapeutics, Inc. (Chief Operating Officer and CFO) and Tamir Biotechnology, Inc. (interim President, Chief Executive Officer and CFO). Prior to these positions, Mr. Kenyon served as CFO for Par Pharmaceutical Companies, Inc. Prior to his tenure at Par, Mr. Kenyon was CFO at two publicly traded biopharmaceutical companies, Alfacell Corp. and NeoPharm, Inc.

8minutenergy Renewables, LLC has named Marc Atlas as Chief Financial Officer (CFO). Prior to joining 8minutenergy, Atlas simultaneously served as Vice President of Finance and Director of International Development for Invenergy LLC. Atlas includes previously worked for Charles River Associates and Falconwood. Melissa Metzger

Pearl Interactive Network, Inc. [COLUMBUS, OHIO] hired Melissa Metzger to lead the financial strategy for the company.

United Natural Foods, Inc. (NASDAQ: UNFI) [PROVIDENCE, R.I.] announced that Michael (“Mike”) Zechmeister has been appointed Senior Vice President. He will succeed Mark Shamber as Senior Vice President, Chief Financial Officer and Treasurer, effective mid-October, 2015. Mr. Zechmeister joins the Company from General Mills, Inc. with over 25 years of experience. Over his tenure with General Mills, Inc., he served in a variety of senior finance roles, including most recently as Vice President, Finance, Yoplait USA. In addition, Mr. Zechmeister was Vice President and Treasurer from 2010 to 2012, Vice President, Finance, US Retail Sales, from 2007 to 2010 and Vice President, Finance, Pillsbury Division, from 2005 to 2007.

Accuray Incorporated (NASDAQ: ARAY) [SUNNYVALE, Calif.] announced that Kevin Waters, formerly Senior Vice President, Finance, has been promoted to Chief Financial Officer of the Company.  He succeeds Gregory E. Lichtwardt who retired as Executive Vice President, Operations, and Chief Financial Officer of the Company. Mr. Waters joined Accuray as its Senior Vice President, Finance, in October, 2013.  Prior to joining Accuray, Mr. Waters was employed by Conceptus Inc. as its Corporate Controller from October, 2006 until January, 2008, and most recently as its Vice President, Finance, from January, 2008, until October, 2013.  Mr. Waters began his career at PricewaterhouseCoopers, LLP.

Ticketfly [SAN FRANCISCO] announced the appointment of Derek Yung as its Chief Financial Officer. Previously, he served as CFO to several late-stage companies including Nextag and Tria Beauty.

HighTower [CHICAGO] announced the promotion of Chris Curtis to Chief Financial Officer. Chris Curtis joined HighTower in March as Executive Vice President, Finance & Accounting. Mr. Curtis previously worked for Envestnet. Larry Koehler, HighTower’s previous CFO and founding executive since the company’s inception, assumes the newly created role of Chief Administrative Officer and Vice Chairman. Maureen Huber

Stratus Video Interpreting [TAMPA BAY, Fl.] announced that Maureen Huber joined as CFO.

Jounce Therapeutics, Inc. [CAMBRIDGE, Mass.] announced the appointment of Kim Drapkin to the position of chief financial officer. Prior to joining Jounce, Ms. Drapkin owned a financial consulting firm where she served as the interim chief financial officer for numerous early stage biotechnology companies, including Jounce. Additional clients included Eleven Biotherapeutics, Inc., NinePoint Medical, Inc., Blueprint Medicines Corporation, Warp Drive Bio LLC, Edimer Pharmaceuticals and Voyager Therapeutics, Inc. Previously Ms. Drapkin was chief financial officer at EPIX Pharmaceuticals. Prior to EPIX, Ms. Drapkin was at Millennium Pharmaceuticals where she spent ten years in roles of increasing responsibility within the finance organization. Ms. Drapkin began her career in the technology and life sciences practice at PriceWaterhouseCoopers LLP.

Makindus, Inc. [DOYLESTOWN, Pa.] announced that Michael Celano has been appointed Chief Financial Officer. Mr. Celano has served on the Board of Directors and as audit committee chair for Orasure Technologies, Inc. since 2006. He most recently was appointed to the Board of Directors of Performance Health. Prior to joining Makindus, he served as Chief Financial Officer for Drugscan, Inc. and Kensey Nash Corporation. Previously, Mr. Celano was Chief Financial Officer at BioRexis Pharmaceutical Corporation. Mr. Celano was a partner at Arthur Andersen and KPMG during his 24 years in public accounting, and led the U.S Life Sciences Practice.

Invitation Homes [Dallas, TX] announced it has appointed Ernest “Ernie” Freedman as Executive Vice President and Chief Financial Officer, effective October 14, 2015. Mr. Freedman most recently served as Chief Financial Officer of AIMCO. He experience includes positions with Ernst & Young, General Electric’s Commercial Real Estate Group and HEI Hotels and Resorts. John Schissel, the company’s current CFO, will remain engaged through the transition period.

Apartment Investment and Management Company (“Aimco”) (NYSE: AIV) [DENVER] announced that Ernie Freedman has resigned as Executive Vice President and Chief Financial Officer of Aimco to join Invitation Homes. Paul Beldin, Aimco’s Chief Accounting Officer since 2008, has been promoted to Executive Vice President and Chief Financial Officer. Mr. Freedman will remain with Aimco through October 1 to provide for a smooth transition.

CleanSlate Addiction Treatment Centers [NORTHAMPTON, Mass.] announced that Patrick J. Murphy joined as the company’s new Chief Financial Officer. Before joining CleanSlate, Murphy was one of the Founders at Women’s Health USA. He held numerous positions including Chief Financial Officer, Chief Operating Officer and President. Patrick continues to sit on their Board of Directors.  Murphy was a Founder, Executive Vice President, and Chief Administrative Officer of Evolution1.   Earlier in his career, Murphy was the Assistant Vice President at Value Health. Prior to his position at Value Health, Murphy gained ten years of experience in the insurance and financial services industries at Arthur Andersen.

ThreatTrack Security [RESTON, Va.] appointed Alan Rizek as its Chief Financial Officer. Most recently, Rizek was CFO for MicroLink LLC. Prior to that, he was CFO for Maden Technologies.

PENSCO [SAN FRANCISCO] announced the appointment of Mark Lee as Chief Financial Officer. Mark most recently served as the CFO and managing director of the Stanford Management Company. Before that he was CFO and Senior Vice President of Schwab Institutional and Asset Management. Earlier in his career, Mark held senior positions at Barclays Global Investors, Goldman Sachs, and Hewlett Packard.

PureTech Health plc (LSE: PRTC) [BOSTON] announced that Michael MacLean has been appointed to PureTech’s management team as Chief Financial Officer and Executive Vice President. Michael MacLean joins PureTech from Iron Mountain Inc., where he was Chief Financial Officer of its North American business. Mr. MacLean was Senior Vice President, Finance and Chief Accounting Officer at Biogen. He also was an audit partner at global public accounting firms including KPMG.

eMagin Corporation (NYSE MKT: EMAN) [HOPEWELL JUNCTION, N.Y.] announced that Paul Campbell, CFO, has resigned from the company to pursue other interests. Mr. Campbell is succeeded by Jeffrey P. Lucas. Mr. Lucas most recently served as the CFO of Transfreight Companies.

Novak Brothers Development [GEORGETOWN, TX] announced the appointment of Deborah A Thomas as its new Chief Financial Officer. Deborah A. Thomas comes to Novak Brothers from Marlin Atlantis (Dallas) where she was CFO and a Founding Partner. Prior to Marlin, Ms.Thomas was a Principal at Thomas Consulting (Dallas) where she provided interim CFO duties, serving top management and Boards for private companies, ranging from software technology to telecom companies. She was Vice President for Merrill Lynch Private Capital in Dallas. Prior to that Ms. Thomas worked for Morgan Stanley in New York after earning her CPA while working at Ernst & Young.

Ygrene Energy Fund Inc. [SANTA ROSA, Calif.] announced that Michael Chan has joined the company as CFO. Prior to joining Ygrene, Michael led the treasury and capital markets function at The Cronos Group. Michael also served as CFO of The Chartres Lodging Group.Chris Giomblanco

Playwire Media [DEERFIELD BEACH, Fl.] announced the hiring of Chris Giomblanco as Chief Operating Officer. Giomblanco’s most recent position before joining Playwire was at Triad Retail Media where he joined the company as the founding CFO and grew the role to Chief Financial and Administrative Officer.

Cracker Barrel Old Country Store, Inc. (NASDAQ: CBRL) [LEBANON, Tenn.] announced that its Chief Financial Officer, Lawrence E. Hyatt, plans to retire at the end of the 2016 fiscal year. Hyatt has been CFO since January 2011.

API Technologies Corp. (NASDAQ: ATNY) [ORLANDO, Fl.] announced that Eric F. Seeton has been named Chief Financial Officer. Prior to joining API, Mr. Seeton served as Business Unit Finance Director for Analog Devices. He joined Analog Devices as part of its July 2014 acquisition of Hittite Microwave Corp., where Mr. Seeton served as Hittite’s Director of Finance for three years. Earlier in his career, he served various finance leadership roles at Johnson & Johnson and Procter & Gamble (formerly The Gillette Company). Claudio Mannarino, who has served as Senior Vice President and Chief Financial Officer, will transition to another role at API.Gary Ito

Assess Systems and Chequed.com announced the appointment of Gary Ito as Chief Financial Officer of the newly combined firm. Ito was most recently CFO for Allegro Development Corporation. He previously served as CFO for INTTRA; at Ariba; and CFO of Quadrem. Prior to that, Ito spent nearly 18 years with Nortel.

Endologix, Inc. (NASDAQ: ELGX) [IRVINE, Calif.] announced that it has appointed Vaseem Mahboob to the position of Chief Financial Officer, effective October 15, 2015. Mr. Mahboob succeeds Shelley Thunen, who is resigning as part of the Company’s previously announced CFO transition. Vaseem Mahboob joins Endologix after serving in several financial leadership positions at GE Healthcare. His most recent role was Chief Financial Officer of their Global IT business. Prior to this position he was the Chief Financial Officer of their Eastern and African Emerging Markets. Prior to this role, Mr. Mahboob was Chief Financial Officer of GE Healthcare’s Global Ultrasound Business.  Mr. Mahboob also served as CFO of GE Healthcare’s Global Magnetic Resonance (MRI) Business, along with several other global financial leadership positions.

Mirna Therapeutics [Austin, Texas] announced the appointment of Alan Fuhrman as Chief Financial Officer (CFO). He was most recently the CFO of Ambit Biosciences. Mr. Fuhrman currently serves on the Board of Directors and as Chair of the Audit Committee for Loxo Oncology. He has also served as the CFO at Naviscan, and Sonus Pharmaceuticals.

Exide Technologies [MILTON, Ga.] announced the appointment of Anthony (Tony) Genito as Executive Vice President and Chief Financial Officer. Genito was most recently the Chief Financial Officer at Spectrum Brands Holding Inc. Prior to joining the Company, he held roles of increasing responsibility in Spectrum’s financial organization and held various financial management positions at Schering-Plough Corporation. He began his career with the accounting firm Deloitte & Touche.

iQor [ST. PETERSBURG, Fla.] announced the appointment of David Kaminsky as its Chief Financial Officer. Mr. Kaminsky joins iQor from Vidyo where he served as Chief Financial Officer. Prior to joining Vidyo, David was Executive Vice President and CFO of NTT Data Inc. (a combination of Keane, Inc., Intelligroup, Inc., MISI Inc., Revere Inc. and Vertex Inc.). Before NTT, David was the CFO of Altegrity, Inc. David spent 12 years at GE where he was the CFO of GE Commercial Finances North American Leasing Operations, CFO of GE Commercial Distribution Finance, CFO of GE Information Technology Services Managed Services Business and European Operations.

Agritek Holdings, Inc. (OTCQB: AGTK) [LOS ANGELES, CA] announced that Heather Bush has been appointed by the Board of Directors as the Company’s Chief Financial Officer (CFO) replacing Barry Hollander. Ms. Bush most recently served as Controller of Medimix Specialty Pharmacy and its affiliated pharmaceutical compounding companies, since September 2014. Ms. Bush’s financial experience includes employment at PSS World Medical Inc., from July 2011 until it was acquired by McKesson Corporation in February 2013. The Company was integrated into the McKesson Medical Surgical business unit, at which point she became the Assistant Controller of the Extended Care division until August 2014.

CFO Moves – week ending September 25, 2015

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CFO Moves this week include:

Accuray Incorporated Jet Support Services, Inc. (JSSI) CrowdStrike Inc.
PetSmart, Inc. Tapjoy Carr Properties
Four Oaks Fincorp, Inc. Coherent, Inc. Porter Bancorp, Inc.
Ingleside Colony American Finance Apollo Medical Holdings, Inc.
NeighborFavor, Inc. Strategic Financial Solutions Erie Indemnity Company
Churchill Downs Incorporated PSEG Apollo Residential Mortgage, Inc.
Duke Energy The Advanced Group Infinity Property and Casualty Corporation
Acutus Medical, Inc. HEXXU New Residential Investment Corp.
MicroTech Allegro Commodity Management Dataminr
Scottsdale Insurance Company Dorman Products, Inc. Fairmount Santrol
TAS Environmental iCracked Alteva, Inc.

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Should you have any CFO Moves to report, please email us.

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

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Accuray Incorporated (NASDAQ: ARAY) [SUNNYVALE, Calif.] announced that Kevin Waters, formerly Senior Vice President, Finance, has been promoted to Chief Financial Officer of the Company.  He succeeds Gregory E. Lichtwardt who retired as Executive Vice President, Operations, and Chief Financial Officer of the Company.  Mr. Waters joined Accuray as its Senior Vice President, Finance, in October, 2013.  Prior to joining Accuray, Mr. Waters was employed by Conceptus Inc., as its Corporate Controller from October, 2006 until January, 2008, and most recently as its Vice President, Finance, from January, 2008, until October, 2013.  Mr. Waters began his career at PricewaterhouseCoopers, LLP.Ken Goodman

Jet Support Services, Inc. (JSSI) [CHICAGO] announced that Ken Goodman has joined the company as its new Chief Financial Officer. Mr. Goodman’s financial career began as a Financial Analyst at American Airlines, where he spent more than 6 years in a variety of roles. Subsequently, Mr. Goodman spent 8 years with L Brands. In 2008, Mr. Goodman joined NetJets, a subsidiary of Berkshire Hathaway as Senior Vice President Financial Planning and Analysis.

CrowdStrike Inc. [Irvine, CA] announced that Burt Podbere has been appointed as CrowdStrike’s new Chief Financial Officer (CFO). Prior to joining CrowdStrike, he served as CFO of OpenDNS, which ultimately led to the acquisition by Cisco Systems, Inc. (NASDAQ: CSCO) earlier this year. In 2013, he played a key role in selling Net Optics to Ixia, and in 2011 Podbere helped lead Epocrates through a successful IPO. Podbere is replacing CrowdStrike’s Co-founder and CFO Gregg Marston, who is retiring.

PetSmart, Inc. [PHOENIX] named Rob Anderson to the position of senior vice president and chief financial officer effective October 5, 2015. Anderson most recently served as the chief financial officer for Save-A-Lot. Before joining Save-A-Lot, Mr. Anderson served as the principal accounting officer, controller and executive director of finance for Chipotle Mexican Grill, for five years. From 2003 to 2005, he worked at the Career Education Corporation as the vice president and chief financial officer, American InterContinental University Division. From 1991 to 2003, Mr. Anderson held several leadership positions with the McDonald’s Corporation including senior director/controller, partner brands; director, finance Asia/Pacific/Middle East/Africa division; and director, finance, purchasing and IT for Dubai, UAE and Vienna, Austria.

Tapjoy announced that Matthew Service has been promoted to the dual Matthew Servicerole of Chief Operating Officer and Chief Financial Officer. Previously he served as Tapjoy’s CFO. Service previously held Chief Operating Officer and Chief Financial Officer titles at blinkx plc.

Carr Properties [WASHINGTON, D.C.] announced that John Schissel will join the Company as Chief Financial Officer and President. John previously served as CFO at Carr Properties from 2004 to 2009. After leaving Carr Properties, Mr. Schissel served as the CFO of BRE Properties, and most recently as CFO of Invitation Homes. Prior to his initial tenure at Carr Properties, John worked at Wachovia Securities. Mr. Schissel is currently transitioning his duties at Invitation Homes and is expected to join Carr Properties during the fourth quarter.

Four Oaks Fincorp, Inc. (OTC: FOFN) [FOUR OAKS, N.C.], the holding company for Four Oaks Bank & Trust Company (the “Bank”), announced that Deanna W. Hart has been appointed Executive Vice President and Chief Financial Officer of the Company and the Bank, effective October 1, 2015. Ms. Hart has been serving as the Bank’s Senior Vice President and Controller since January 2014 and acting Chief Financial Officer of the Company and the Bank since September 1, 2015.

Coherent, Inc. (NASDAQ: COHR) [SANTA CLARA, Calif.] announced that Helene Simonet, its Executive Vice President and Chief Financial Officer (“CFO”), has informed the company of her intent to retire effective on February 1, 2016.  James Parsons

Porter Bancorp, Inc. (NASDAQ: PBIB) [LOUISVILLE, Ky.], parent company of PBI Bank, Inc. announced the appointment of James M. Parsons as a board member of Porter Bancorp and PBI Bank. Mr. Parsons is CFO of Ball Homes, LLC. He previously served as President and CEO of ONB Insurance Group and has held various board positions for a variety of companies and charitable organizations, including serving as an advisory board member for two community banks.

Ingleside [WASHINGTON, D.C.] named Timothy L. Myers as its new chief financial officer (CFO). Myers comes to Ingleside after having served eight years as CFO for the Philadelphia-based Kendal Corporation. Prior to Kendal, he spent nearly 10 years as CFO, chief operating officer, and partner for New Life Management and Development of Mount Laurel, N.J. Earlier in his career, he worked a year as director of special projects with Marriott Senior Living Services, and 10 years as a senior manager for KPMG.

Colony American Finance [LOS ANGELES] announced that Christopher Hoeffel has joined the company as Chief Financial Officer. Mr. Hoeffel was most recently a Managing Director at Investcorp, where he was head of Real Estate Debt Investments. He also served as Head of Investment Operations and Investor Relations for Real Estate and Corporate Investments in the US and Europe. He joined Investcorp from JP Morgan / Bear Stearns & Co., where he was a senior managing director and global co-head of Commercial Mortgages and founder of a leading Wall Street lending operation. He is a former president of the Commercial Mortgage Securities Association (now CREFC) and remains on its Board of Governors.

Apollo Medical Holdings, Inc. [GLENDALE, Calif.] announced the resignation of Mitch Creem as Chief Financial Officer and a director. Mitch Creem has been named the CEO of Integrity Healthcare, an entity created by New York-based investment firm BlueMountain Capital Management to manage and operate the Daughters of Charity Health System (“DOCHS”).  William Abbott, ApolloMed’s current Controller and Vice President of Finance, has been named Interim Chief Financial Officer.

NeighborFavor, Inc. [AUSTIN, Texas] announced the appointment of Steven Pho as Chief Financial Officer. Pho was most recently the Senior Vice President of Corporate and Business Development at RetailMeNot, Inc. Prior to RetailMeNot, he served as Vice President of Internet and new media investment banking at Thomas Weisel Partners (now Stifel Nicolaus Weisel) in San Francisco. Previously, he was a member of the technology investment banking group at Houlihan Lokey Howard & Zukin.Salvatore Tirabassi

Strategic Financial Solutions [NEW YORK] named Salvatore Tirabassi as Chief Financial Officer.  Tirabassi spent 15 years as a growth equity investor with M/C Partners and Dolphin Equity Partners. Prior to his private equity career, Salvatore was a strategic marketing consultant at FutureBrand, which was acquired by Interpublic Group.

Erie Indemnity Company (NASDAQ: ERIE) [ERIE, Pa.] announced that Marcia A. Dall, executive vice president and chief financial officer, will depart ERIE on October 9, 2015. Dall has accepted the position of Executive Vice President and Chief Financial Officer (CFO) for Churchill Downs Incorporated. Greg Gutting, ERIE’s current senior vice president, controller, will serve as interim CFO.

Churchill Downs Incorporated (NASDAQ: CHDN) [LOUISVILLE, Ky.] announced the appointment of Marcia A. Dall to serve as the Company’s Executive Vice President & Chief Financial Officer (“CFO”). Dall succeeds Bill Mudd as CFO. Mudd has served as CFO since October 2007 and was promoted to President & CFO of CDI in August 2014. Mudd will remain President of CDI and will add the title of Chief Operating Officer. Dall joins CDI from Erie Indemnity Company (NASDAQ: ERIE), where she served as Executive Vice President and Chief Financial Officer for six years. Prior to joining ERIE in 2009, Dall served as Chief Financial Officer for the Healthcare division at Cigna Corp. Prior to Cigna, she was a corporate officer and the Chief Financial Officer for the International and U.S. Mortgage Insurance Segments of Genworth, a former subsidiary of General Electric. Dall began her career in 1985 in the Financial Management Program at General Electric and held various leadership roles both in finance and operations over her twenty plus tenure with GE.

PSEG [NEWARK, N.J.] announced that Daniel J. Cregg, currently vice-president of finance for PSE&G, was elected by the Board of Directors to be Executive Vice President and Chief Financial Officer for the company effective October 8. He succeeds current CFO, Caroline Dorsa whose previously announced retirement will be effective at that time. Cregg has held the senior financial position at both PSE&G, New Jersey’s largest gas and electric utility, and PSEG Power, a major independent power producer. Cregg joined PSEG in 1991 and has held a variety of financial positions. In 2006, he was named vice president – finance for PSEG Power with critical responsibilities in Power’s development and strategic planning activities. He was named vice president – finance for PSE&G in 2013. Prior to joining PSEG, Cregg spent five years with the accounting and consulting firm of Deloitte and Touche.

Apollo Residential Mortgage, Inc. (“AMTG”) (NYSE: AMTG) [NEW YORK] announced Teresa D. Covello, Chief Financial Officer, Secretary and Treasurer of AMTG, has resigned from the Company to pursue other interests. Ms. Covello will remain in her positions until March 15, 2016.

Duke Energy [CHARLOTTE, N.C.] announced the appointment of former Comcast Corp. vice chairman and chief financial officer Michael Angelakis as a new board member, effective Oct. 1, 2015. Angelakis currently is a senior advisor to Comcast’s executive management committee and deputy chairman of the board for the Federal Reserve Bank of Philadelphia. He also serves as a Babson College trustee. He soon will be chairman and chief executive officer of a new strategic company he’s forming, in partnership with Comcast, that will focus on investing in and operating growth-oriented companies, domestically and internationally. Angelakis served as Comcast’s vice chairman and CFO from 2007 to July 2015. On Duke Energy’s board, he will serve on the finance and risk management committee and the audit committee.Jim Johnson

The Advanced Group [CHICAGO, IL] named Jim Johnson Chief Operating Officer (COO),. He will also continue to serve as CFO. Johnson is a 13-year veteran of the Advanced Group and since 2002 he has served as Chief Financial Officer (CFO). Johnson began his career with Arthur Andersen in 1989. Jim ended his time at Andersen as a Senior Manager in their Enterprise Group before he went to Starbelly.com, which was subsequently acquired by HALO Branded Solutions.

Infinity Property and Casualty Corporation (NASDAQ: IPCC) [BIRMINGHAM, Ala.] announced the appointment of Robert H. Bateman as its new Executive Vice President and Chief Financial Officer effective October 19, 2015.  Mr. Bateman replaces Roger Smith who retired August 31, 2015. Mr. Bateman joins Infinity after serving the previous two years as Executive Vice President and Chief Financial Officer of COUNTRY Financial.  Prior to his current role with COUNTRY, Mr. Bateman served with Hartford Financial Services in various roles, including SVP & Corporate Controller, and with KPMG as Senior Manager, Audit & Advisory Services.

Acutus Medical, Inc. [SAN DIEGO] announced the appointment of John Dahldorf as Chief Financial Officer. Mr. Dahldorf joins Acutus Medical from Volcano Corporation (formerly Volcano Therapeutics Inc.), where he held positions as the Chief Finance Officer, Principal Accounting Officer, General Manager and Secretary since 2003. Mr. Dahldorf also served in executive roles at Digirad Corporation, Arrow Electronics, Inc., and Baxter Healthcare. Ken Dopher

HEXXU [ATLANTA] hired Ken Dopher as Chief Financial Officer. Mr. Dopher formerly served as CFO of Sony Online Entertainment and was also Director of Finance & Operations for The Walt Disney Company.

New Residential Investment Corp. (NYSE: NRZ) [NEW YORK] announced the appointment of Nicola Santoro, Jr. as the Company’s new Chief Financial Officer. Mr. Santoro joins New Residential from FXCM Inc., where he was the Chief Accounting Officer. Prior to his role at FXCM Inc., he was the Chief Financial Officer of Financial Guaranty Insurance Company. Mr. Santoro succeeds Jonathan Brown, who has served as New Residential’s Interim Chief Financial Officer since October 2014. Mr. Brown will remain at New Residential and continue his role as Chief Accounting Officer.

MicroTech [VIENNA, Va.] announced that it has hired David A. Hinson as their Chief Financial Officer and Chief of Mergers & Acquisitions. Mr. Hinson will also head the new MicroTech Financial Services Division. Prior to joining MicroTech, David was an Obama Administration Appointee and served as the National Director of the Department of Commerce Minority Business Development Agency (MBDA). In addition, David was selected to service on the White House Business Council and President’s Interagency Taskforce on Small Business Contracting, among others. Prior to government, Mr. Hinson held various senior level management positions at Wealth Management Network, Envestnet Asset Management, Bank of America and Morgan Stanley.

Allegro Commodity Management [DALLAS] announced that it has named Jon McCabe as Chief Financial Officer. McCabe comes to Allegro from SafeNet. He has also held successful finance and business roles at McAfee, Genuity and Verizon/GTE.

Dataminr [NEW YORK] announced the appointment Julio Pekarovic as Chief Financial Officer in August following his role as VP of Finance at Google from 2002 through 2009; and four years as CFO at Quantcast.David Nelson

Scottsdale Insurance Company [SCOTTSDALE, Ariz.] named David Nelson as the leader of Contract Underwriting. David’s most recent position was CFO for the Scottsdale Insurance Group of Companies, Nationwide Agribusiness and Nationwide National Partners.

Dorman Products, Inc. [Colmar, Pennsylvania] announced that Matthew Kohnke advised the company that he intends to resign from his position as Chief Financial Officer to pursue personal opportunities. Mr. Kohnke’s resignation will be effective February 26, 2016, and he intends to remain with the Company through that date.

Fairmount Santrol (NYSE: FMSA) [CHESTERLAND, Ohio] announced that Christopher L. Nagel will leave his position as Chief Financial Officer and Executive Vice President of Finance effective October 20, 2015, in order to pursue an opportunity in the consumer products industry. Nagel joined Fairmount Santrol as CFO in 2011. Rob Hurmence

TAS Environmental [Fort Worth, Texas] announced the appointment of Rob Hurmence to the position of Chief Financial Officer (CFO). Hurmence has worked with companies including MoneyGram, Zale Corp and EDS.

iCracked [REDWOOD CITY, CA] announced that it has hired David Merenbach as the company’s Chief Financial Officer. Most recently he was Principal Financial Officer at Jawbone. Prior to Jawbone, Merenbach spent 14 years at Intuit where he was VP of Finance. Before that he was with several different startups.

Alteva, Inc. (NYSE MKT: ALTV) [PHILADELPHIA, PA] announced that Brian H. Callahan has resigned his position as Executive Vice President, Chief Financial Officer, Treasurer, and Corporate Secretary of Alteva effective October 9, 2015, to pursue another opportunity. Alteva also announced that it has appointed Andrea E. McHugh as the Interim Chief Financial Officer effective October 9, 2015. Ms. McHugh has been with Alteva since January 2013, most recently as Vice President and Controller.

CFO Moves – week ending October 2, 2015

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CFO Moves this week include:

SunLink Corporation Sun Orchard TheStreet, Inc.
Bridgepoint Education, Inc. Alliant Insurance Services Alvogen
TeamQuest Corporation DoubleDutch Janrain
Spartan Motors, Inc. Liquid Web, Inc. Digium®, Inc.
AAR CORP. Zoe’s Kitchen, Inc. Vail Resorts, Inc.
CyrusOne Ramco-Gershenson Properties Trust Human Longevity, Inc.
Aspen Technology, Inc. Aeglea BioTherapeutics, Inc. Access Integrated Healthcare, LLC
Majesco Entertainment Co Sun BioPharma, Inc. Forestar Group Inc.
VEREIT, Inc. Natural Alternatives International, Inc. The Providence Service Corporation
Atrenne Integrated Solutions Park City Group, Inc. StoneMor Partners L.P.
Farmer Bros. Co. Sunshine Bancorp, Inc. SUPERVALU INC.
NeighborWorks America

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

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SunLink Corporation [SAN RAFAEL, Calif.] announced Ken Schwarz has joined the company as chief financial officer. For the past two years, Schwarz has served as CFO at Sungevity. Prior to joining Sungevity, he was CFO and SVP of Information Systems at Primus Telecommunications Group. Schwarz also previously served as president and CFO of Simplexity, LLC, and held executive roles at Intersections Inc.

Sun Orchard [TEMPE, Ariz.] announced the appointment of Thomas Spielberger as Chief Financial Officer and Peter Maulbeck as Senior Vice President, Strategy & Planning. Tom Spielberger is an experienced CFO who joins Sun Orchard from Quinoa Corporation’s Ancient Harvest brand, where he served as CFO.  Prior to Ancient Harvest, he served as VP, Finance and CFO of Celestial Seasonings and as CFO of the Pliant Corporation. Previously, he was instrumental in the founding of the turnaround focused Gaslight Equity Group under the Development Specialists Inc. umbrella. Earlier experience includes positions of increasing importance in Jordan Industries, where he rose to the position of CFO. Tom began his career as an auditor with Ernst & Young serving as Manager, Mergers and Acquisitions Group before joining Jordan Industries.  Pete Maulbeck previously served as a consultant to Sun Orchard in the capacity of Interim CFO, and prior to that as CFO of AAK, US. His early career was at Peat Marwick as an auditor prior to joining AAK, US where he began as Chief Accounting Officer and advanced to CFO.

TheStreet, Inc. (NASDAQ: TST) [NEW YORK] announced that John C. Ferrara, its Chief Financial Officer, has announced his resignation in order to pursue another career opportunity. The Company also announced that Richard Broitman, the Company’s Chief Accounting Officer, has been appointed as Interim Chief Financial Officer.  Mr. Broitman has served as the Company’s Chief Accounting Officer since June 2009. Mr. Broitman joined the Company as its Controller in July 2000, was appointed Vice President of Finance in October 2007 and was named Acting Chief Accounting Officer in May 2009. Before joining the Company, Mr. Broitman was Controller of Individual Investor Group, was Director of International Royalties for Bertelsmann Music Group and worked in an audit capacity for both Deloitte Touche Tohmatsu (formerly Touche Ross & Co.) and CBS Corporation.

Bridgepoint Education, Inc. (NYSE: BPI) [SAN DIEGO] announced the hiring of Kevin Royal as the company’s new Executive Vice President and Chief Financial Officer. Former Chief Financial Officer Dan Devine will remain with the organization through 2015 to assist with the transition. Most recently, Royal served as Senior Vice President, Chief Financial Officer, Treasurer and Secretary for Maxwell Technologies Inc., where he spent the past six years. From 2005 until 2009, Royal served as Senior Vice President and Chief Financial Officer of Blue Coat Systems, Inc. From 1996 until 2005, he held a series of senior finance positions, culminating with his appointment as Vice President and Chief Financial Officer of Novellus Systems, Inc. Before he joined Novellus, he spent 10 years with Ernst & Young LLP, where he became a certified public accountant.

Alliant Insurance Services [NEWPORT BEACH, Calif.] has named Ilene Anders as its new Chief Financial Officer (CFO). Anders most recently led Alliant’s technology team as CIO. Previously, Anders had served as Alliant’s Vice President of Financial Planning and Analysis following prior positions in investment banking and financial consulting. Anders takes the reins of CFO from Greg Zimmer, who has had dual responsibilities as both President and CFO for many years. This move will now enable Zimmer to focus on his role as President of Alliant.Graham Baker

Alvogen [PINE BROOK, N.J.] announced that Kevin Bain, the Company‘s Chief Financial Officer since 2009 will take on the role of Chief Financial Officer of Alvogen‘s biotech sister company, Alvotech and continue as EVP of Strategic Development at Alvogen. Alvogen also announced that Graham Baker will be appointed as the group‘s new Chief Financial Officer, effective 1 November 2015. Graham joins Alvogen from AstraZeneca, where he has spent the past 20 years of his career, most recently as Vice President of Finance for AstraZeneca’s international business.

TeamQuest Corporation [CLEAR LAKE, Iowa] appointed Clay Anderson as Chief Financial Officer (CFO). Mr. Anderson brings more than 15 years of financial management and corporate development experience to TeamQuest.  Most recently, Anderson was Chief Financial Officer for Enavate Holdings, Inc. Previously, he led all strategic financial initiatives for TriZetto.

DoubleDutch [SAN FRANCISCO] announced the appointment of Brad Roberts as Chief Financial Officer (CFO). Roberts’ latest role was Vice President of Finance at Dropcam. He also worked with Natera (NTRA), Inflection and Synopsys (SNPS).

Janrain [PORTLAND, OR] announced Martin Day as its first chief financial officer. Previously, Day served as general manager at MotoSport.com. Prior to his work with MotoSport.com, Day was the vice president of finance and corporate controller at Digimarc Corp. Day has also held various finance and operations leadership positions with several organizations, including Ascension Software, CSI Digital, and Spinriot.

Spartan Motors, Inc. (NASDAQ: SPAR) [CHARLOTTE, Mich.] announced that Frederick “Rick” Sohm joined Spartan Motors as the Company’s Chief Financial Officer. Sohm succeeds Spartan Motors CFO Lori Wade. Sohm most recently served as the Treasurer of ALTe Technologies. Prior to joining ALTe Technologies in 2014, Sohm was the Chief Financial Officer of Warrior Sports, Inc., a position he held from 2009 to 2014. Sohm’s career spans over 20 years, during which he has held several executive and leadership positions in finance and accounting at world-class companies such as ArvinMeritor, Inc. and DaimlerChrysler Corporation.

Liquid Web, Inc. [LANSING, Mich.] announced the hiring of executive Terry Flood as the company’s new Chief Financial Officer. Flood most recently worked as a principal for Simafore. Prior to his role at Simafore, Flood filled the roles of CFO, COO, and, ultimately, CEO, over the span of his ten years spent with Logicalis. Jim Calandra, who was interim CFO, will remain with the company throughout the year.

Digium®, Inc. [HUNTSVILLE, Ala.] announced Allen Dillard has joined the company as its chief financial officer (CFO). Dillard joins Digium from Mobular Technologies, where he served as CEO. Prior to Mobular Technologies, Dillard served as corporate treasurer and investor relations director at Wolverine Tube, executive vice president and CFO at Phyve Corporation, and corporate vice president and CFO at Nichols Research Corporation. Michael J. Sharp

AAR CORP. (NYSE: AIR) [WOOD DALE, Ill.] announced that Michael J. Sharp has been appointed to serve as the Company’s Chief Financial Officer. Mr. Sharp will replace John C. Fortson who is resigning and relocating to take a CFO position with a non-aviation company. Mr. Sharp is a 19-year veteran of the Company and currently serves as its Vice President, Controller and Chief Accounting Officer. He also served as interim Chief Financial Officer of the Company from October 2012 to July 2013. Prior to joining the Company, Mr. Sharp worked in management positions with Kraft Foods and KPMG LLP.

Zoe’s Kitchen, Inc. (NYSE: ZOES) [PLANO, Texas] announced that Sunil M. Doshi has been named the Company’s Chief Financial Officer. Since May of 2013, he has served as Chief Financial Officer for Fossil Americas, the $1.8 billion division of Fossil Group, Inc. (NASDAQ: FOSL). Mr. Doshi joined Fossil Group in February of 2012 as VP Finance for Fossil Group’s Global Retail Division. Prior to joining Fossil Group, Mr. Doshi served in multiple financial leadership roles from 1999 to 2012 at L Brands Inc. (NYSE: LB), including serving as Vice President, Financial Planning and Analysis, from 2010 to 2012, at Mast Global, L Brands’ internally-owned supply chain arm, and as Vice President, Retail Finance at Bath & Body Works, from 2006 to 2010. He also served in leadership roles at the company’s Victoria’s Secret division and in its Corporate planning and Treasury groups. Prior to L Brands, Mr. Doshi worked at several large, multinational companies, including BP and Ernst & Young.

Vail Resorts, Inc. (NYSE: MTN) [BROOMFIELD, Colo.] announced that Susan Decker has been appointed to the Company’s Board of Directors. Decker, who served as both president and chief financial officer at Yahoo! Inc., currently serves on several boards of directors, including Berkshire Hathaway; Intel Corporation, where she is lead director; and Costco Wholesale. She also serves as an advisor for several venture-backed Internet start-ups and is a trustee of the global non-profit organization, Save the Children.

CyrusOne (NASDAQ: CONE) [DALLAS] announced that its Chief Financial Officer and Administrative Officer, Kimberly H. Sheehy, will be leaving the Company and will be succeeded by Gregory R. Andrews as Chief Financial Officer. Mr. Andrews will join the Company as an Executive Vice President on October 19, 2015, and will be appointed as Chief Financial Officer following the filing of the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2015. In order to assist with the transition of financial reporting responsibilities for the Company, Ms. Sheehy will continue as an employee through December 31, 2015. Thereafter, Ms. Sheehy will serve as a consultant to the Company in connection with the preparation of the Company’s Annual Report on Form 10-K for the year ended December 31, 2015. Most recently, Mr. Andrews served as the Chief Financial Officer of Ramco-Gershenson Properties Trust, a NYSE listed REIT, since 2010. From 2006 to 2009, Mr. Andrews was Chief Financial Officer of Equity One, Inc. From 1997 until 2006, Mr. Andrews was a Principal at Green Street Advisors.

Ramco-Gershenson Properties Trust (NYSE: RPT) [FARMINGTON HILLS, Mich.] announced that Gregory R. Andrews has resigned from his position as Chief Financial Officer and Secretary effective October 16, 2015, in order to pursue other career opportunities. In the interim, Deborah R. Cheek, the Company’s Chief Accounting Officer, will act as the Company’s Principal Accounting Officer and, in this role, will be responsible for all public reporting responsibilities. Additionally, Dennis Gershenson, President and Chief Executive Officer, and John Hendrickson, Chief Operating Officer, will oversee other responsibilities held by Mr. Andrews until a new Chief Financial Officer is named.William A. Roper

Human Longevity, Inc. (HLI) [SAN DIEGO] announced that William A. Roper, Jr. has been appointed Chief Financial Officer.  Roper joins the company full-time after serving as interim CFO. Roper has held a number of executive positions throughout his career, such as 17 years as Executive Vice President of SAIC, Inc. He also served as President and CEO of Verisign, Inc.

Aspen Technology, Inc. (NASDAQ: AZPN) [BEDFORD, Mass.] announced that Karl Johnsen, currently AspenTech’s Vice President and Corporate Controller, has been promoted to Senior Vice President and Chief Financial Officer. Johnsen will succeed Mark Sullivan, who previously announced he will retire from AspenTech at the end of September. Johnsen joined AspenTech in 2013 as Corporate Controller. Prior to joining AspenTech, he served in senior finance positions at a number of public and private technology companies, including Avid Technology, FusionStorm, Glasshouse Technologies, Art Technology Group and NaviSite.

Aeglea BioTherapeutics, Inc. [AUSTIN, Texas] announced the promotion of Charles N. York to chief financial officer from vice president of finance and accounting. Mr. York has been with the company since its inception in 2013, serving first as a consultant before joining as a full-time employee in the summer of 2014. Prior to joining Aeglea, Mr. York served as consulting chief financial officer at Bridgepoint Consulting.

Access Integrated Healthcare, LLC (AIH) [LOS ANGELES] announced that it has named Manel Sweetmore Chief Executive Officer. Sweetmore previously served as AIH’s Chief Financial Offer and Chief Operating Officer. Sweetmore most recently as CFO and SVP Structured Financing at Verenga Solar. He previously served as CFO at California Cryobank, Inc.

Majesco Entertainment Co (NASDAQ: COOL) [SOUTH PLAINFIELD, NJ] announced the appointment of John Stetson as Executive Vice President and Chief Financial Officer.

Sun BioPharma, Inc. (OTC PINK: SNBP) [MINNEAPOLIS, MN] announced the appointment of Scott Kellen as Vice President of Finance and Chief Financial Officer. Mr. Kellen joins Sun BioPharma from Kips Bay Medical, Inc., where he served as Chief Operating Officer and Chief Financial Officer. Previously, Scott served as Director of Finance for Transoma Medical, Inc., Corporate Controller for ev3 Inc. and Senior Audit Manager of Deloitte & Touche, LLP (now Deloitte LLP).

Forestar Group Inc. (NYSE: FOR) [AUSTIN, Texas] announced that Christopher L. Nines, Chief Financial Officer, stepped down September 30, 2015. The Board of Directors has named Charles D. Jehl, Executive Vice President – Oil & Gas, as Chief Financial Officer. Mr. Jehl served as Forestar’s Chief Accounting Officer from 2006 to 2013, and prior to joining Forestar was Chief Operations Officer and Chief Financial Officer of Guaranty Insurance Services, Inc.

VEREIT, Inc. (NYSE: VER) [PHOENIX] announced that Michael J. Bartolotta has been named Executive Vice President, Chief Financial Officer and Treasurer. Mr. Bartolotta most recently served as Executive Vice President and CFO for global real estate services firm Cushman & Wakefield. Michael Sodo, outgoing CFO, will assist with the transition.

Natural Alternatives International, Inc. (“NAI”) (NASDAQ: NAII) [SAN MARCOS, Calif.] announced the promotions of Kenneth Wolf to President and Michael Fortin to Chief Financial Officer. Mr. Wolf has been the Chief Financial Officer and the Treasurer of the Company since February 2008, Secretary of the Company since February 2009 and Chief Operating Officer since June 2010.  Prior to joining NAI, Mr. Wolf held senior financial and managerial positions over the last 25 years primarily with public reporting companies in the consumer goods industry. Mr. Fortin has been NAI’s Director of Accounting and SEC Reporting since April 2008.  Before joining NAI, Mr. Fortin was the Director of Finance for K2 Licensed Products, a subsidiary of Jarden Corporation, a consumer products company specializing in licensed sporting goods, Manager – Financial Accounting Operations for HSBC Auto Finance, a subsidiary of HSBC Bank USA, and an audit senior for Arthur Andersen LLP and KPMG LLP.

The Providence Service Corporation (NASDAQ: PRSC) [TUCSON, Ariz.] announced that it has named David Shackelton as the Company’s new Chief Financial Officer.  Mr. Shackelton has served as Interim Chief Financial Officer since August 2015 and succeeds James M. Lindstrom in this position. David Shackelton joined Providence in February 2014 as Head of Corporate Development and was subsequently appointed Interim Chief Financial Officer. Prior to joining Providence, he was a private equity investment professional at Mill Road Capital and The Blackstone Group.  Mr

Atrenne Integrated Solutions [MINNEAPOLIS] announced the appointment of Robert J. Gold as Senior Vice President and Chief Financial Officer. Prior to joining Atrenne, he was the CFO of Culligan International. Before that, Mr. Gold was the CFO of United Plastics Group and Jolly Gardener, and held senior financial and general management positions within the Danaher Corporation in the U.S. and Europe, as well as other corporations.

Park City Group, Inc. (NASDAQ: PCYG) [SALT LAKE CITY] announced Todd Mitchell will join the company as Chief Financial Officer. Todd most recently served as Director of Research at Brean Capital, LLC where he covered Park City Group.  Ed Clissold, who served as both as CFO and General Counsel. Ed will continue as our General Counsel.

StoneMor Partners L.P. (NYSE: STON) [LEVITTOWN, Pa.] announced that Sean P. McGrath has been appointed Chief Financial Officer & Secretary. Mr. McGrath was most recently as the Chief Financial Officer of Atlas Energy Group, LLC and its subsidiaries. Prior to Atlas, from 2002 to 2005 Mr. McGrath served as Chief Accounting Officer at Sunoco Logistics Partners, L.P. Before that, Mr. McGrath held senior financial roles at Asplundh Tree Expert Co. and Arthur Anderson LLP.

Farmer Bros. Co. (NASDAQ: FARM) [TORRANCE, Calif.] announced the appointment of Isaac N. Johnston, Jr. as Treasurer and Chief Financial Officer. Mr. Johnston served as the Executive Vice President, CFO of Operations and Chief Transformation Officer at United Surgical Partners International, Inc. For over 25 years, Mr. Johnston served at PepsiCo, in several senior leadership roles, including as Senior Vice President of Company Wide Productivity and Advanced Research Commercialization at Frito-Lay North America, Senior Vice President of Procurement at PepsiCo, Senior Vice President Finance at Frito-Lay North America, and Chief Financial Officer of Frito-Lay Canada. The Company’s current Treasurer and CFO, Mark J. Nelson, will step down from the position due to family considerations relating to the Company’s headquarters relocation to Northlake, Texas. John Finley

Sunshine Bancorp, Inc. (NASDAQ: SBCP) [PLANT CITY, Fla.] and Sunshine Bank, announced the appointment of John D. Finley as EVP, chief financial officer of Sunshine Bancorp, Inc. Most recently, he served as Director of Treasury Strategies at Susquehanna Bancshares, Inc. Prior to this, John was Chief Financial Officer at Graystone Tower Bank, Director of Public Finance at Legg Mason Wood Walker, Chief Operating Officer at Messiah Village and Staff Accountant at Ernst & Whinney. Vickie Houllis, current SVP, Chief Financial Officer of Sunshine Bancorp, Inc., will be leaving the Company to pursue other career opportunities.

SUPERVALU INC. announced the appointment of Bruce H. Besanko, SUPERVALU’s Executive Vice President, Chief Financial Officer, to the office of Executive Vice President, Chief Operating Officer and Susan S. Grafton, SUPERVALU’s Senior Vice President, Finance, and Chief Accounting Officer, to the office of Executive Vice President, Chief Financial Officer. Ms. Grafton will retain the responsibilities of chief accounting officer.Leonard Williams

NeighborWorks America [WASHINGTON, DC] announced that it named Leonard Williams chief financial officer. Williams joins NeighborWorks America from Tatum, LLC, a strategic business consulting firm where he was a partner. Prior to Tatum, Williams was the EVP/CFO at PACT. Prior to joining PACT, Williams held a variety of increasingly responsible finance and technology management positions within organizations as diverse as the Graduate Management Admission Council, Quality Telecommunications Systems and Verizon Federal Systems.

CFO Moves – week ending October 9, 2015

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CFO Moves this week include:

Wal-Mart Stores, Inc. TripAdvisor, Inc. Xerox Corporation
Ciphrex Corp The J.G. Wentworth Company® Atlantic Capital Bancshares, Inc.
Goodman Networks Incorporated Fidelis Cybersecurity Selectica, Inc.
Solix Algredients, Inc. Mechanics Bank Knight Insurance Group
Novan Therapeutics CNM LLP Lycera Corp.
Apollo Education Group, Inc. Arcadia Biosciences, Inc. Orion Energy Systems, Inc.
VASCO Data Security International, Inc. Catalina Ducommun Incorporated
Voip-Pal.Com Inc. Caladrius Biosciences, Inc. Allscripts
Aran Insurance Services Group The MIL Corporation Spirit Aeronautics
TerraForm Global, Inc.

 

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

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Wal-Mart Stores, Inc. (NYSE: WMT) [BENTONVILLE, Ark.] announced that Brett Biggs will succeed Charles Holley, who has elected to retire as the company’s chief financial officer. The change will be effective Dec. 31, 2015, and Holley will stay on until Jan. 31, 2016, to help with the transition. Holley has served as Walmart’s executive vice president and chief financial officer since December 2010. Prior to his current role, Biggs served as chief financial officer of Walmart U.S. from January 2012 until January 2014, and as senior vice president, Sam’s Club Operations, from September 2010 until January 2012. Previously, he served in a variety of roles since joining the company in 2000, including senior vice president and chief financial officer of Sam’s Club, senior vice president corporate finance and assistant treasurer, and senior vice president, international strategy and mergers and acquisitions. Before Walmart, Biggs worked at Leggett & Platt, Incorporated on its mergers and acquisitions team. Prior to that, he was an accountant at Phillips Petroleum Company, now ConocoPhillips, and an auditor at Pricewaterhouse LLP, now PricewaterhouseCoopers LLP.

TripAdvisor (NASDAQ: TRIP) [NEEDHAM, Mass.] announced that Ernst Teunissen will join the company as chief financial officer, effective November 9th. Teunissen is currently executive vice president and chief financial officer of Cimpress N.V., f/k/a Vistaprint N.V. He joined Cimpress in 2009 as vice president, corporate strategy. Before joining Cimpress, Teunissen was a founder and director of two corporate finance and management consulting firms: Manifold Partners and ThreeStone Ventures Limited.  Prior to that, he worked in investment banking, as an executive director in Morgan Stanley’s Telecoms and Media Group in London and as a senior associate director for Deutsche Bank in London and Singapore. Teunissen has also been a consultant at Monitor Company. Julie Bradley, the company’s current chief financial officer, has agreed to stay with the company through November 20th in order to assist in the transition.

Xerox Corporation (NYSE: XRX) [NORWALK, Conn.] announced that Chief Financial Officer Kathryn Mikells is stepping down to pursue another professional opportunity. Mikells will remain with Xerox until Oct. 31, 2015 in order to ensure a smooth transition of responsibilities. Leslie Varon, vice president of Investor Relations, will serve as interim chief financial officer.Carrie McQueen

Ciphrex Corp. [SAN DIEGO] announced that Carrie McQueen has joined its executive leadership team as CFO. McQueen started her career as a financial analyst on the early Qualcomm team, then led Websense from startup through their IPO. She has since served as CFO for several fast growing companies, including Social Reality, LifeVantage and Mast Therapeutics. McQueen served as VP Finance and Administration for Websense Inc.

The J.G. Wentworth Company® (NYSE: JGW) [RADNOR, Pa.] announced the appointment of Scott Stevens as its new Executive Vice President and Chief Financial Officer. Mr. Stevens brings wide-ranging experience with companies such as Western Union, Meritor and Ford Motor Company. Most recently, Scott was Treasurer and Chief Risk Officer for the Western Union Company. Prior to Western Union, Scott also spent 19 years with Ford Credit and Ford Motor Company both domestically and internationally.  John Schwab, the Company’s Executive Vice President and Chief Financial Officer, is leaving the company for an opportunity in the automotive finance industry.

Atlantic Capital Bancshares, Inc. [ATLANTA] hired Patrick T. Oakes as Executive Vice President and Chief Financial Officer of Atlantic Capital and its wholly owned subsidiary, Atlantic Capital Bank. Oakes served as CFO at Square 1 Financial, Inc., Durham, North Carolina from 2012 until 2015. He previously was Executive Vice President and Chief Financial Officer of Encore Bancshares, Inc., Houston, Texas and was Senior Vice President and Treasurer for Sterling Bancshares, Inc., Houston, Texas. Oakes succeeds Carol Tiarsmith who has resigned to pursue a new professional opportunity. Tiarsmith served as Atlantic Capital’s Chief Financial Officer since its inception in 2007.

Goodman Networks Incorporated [PLANO, Texas] announced the appointment of Joy L. Brawner as its new Chief Financial Officer.  Ms. Brawner served as Goodman Networks’ Chief Accounting Officer the past two years, and replaces interim CFO Geoff Miller. Prior to joining Goodman Networks, Brawner served as audit partner at McGladrey LLP. Ms. Brawner began her audit career at Arthur Andersen LLP.Richard Darer

Fidelis Cybersecurity [WALTHAM, Mass.] announced the appointment of Richard Darer as Chief Financial Officer (CFO) and Senior Vice President. Most recently, Rick consulted with rising technology companies including Rapid7, Dyn and Everbridge. He was also CFO of Gomez Inc., he led the company’s successful sale to Compuware and before that, he grew Unica Corp fivefold resulting in a successful IPO and later sale to IBM. His career spans finance and operational positions at Computervision and General Electric among others.

Selectica, Inc. (NASDAQ: SLTC) [SAN MATEO, CA] appointed John K. Nolan as Chief Financial Officer. Mr. Nolan was most recently President of the government contractor Quadel Consulting. Prior to Quadel Consulting, Mr. Nolan held executive financial positions at MCI Communications, including Vice President of Corporate Finance. Todd Spartz has resigned as Chief Financial Officer of the Company.

Solix Algredients, Inc. [FORT COLLINS, Colo.] appointed Robert D. Kelly to its board of directors. Mr. Kelly has held a range of senior financial management positions including Chief Financial Officer of SolarCity Corporation; CFO of Calera Corporation; and CFO and Executive Vice President of Calpine Corporation. His financial experience includes various roles with Lloyds Bank PLC and The Bank of Nova Scotia.

Mechanics Bank [WALNUT CREEK, Calif.] announced the appointment of C.J. Johnson as the new Executive Vice President and Chief Financial Officer. He has been with Ford Financial Fund, which recently acquired a majority interest in the bank, and previously, was Senior Vice President and Director of Financial Planning and Analysis for Santa Barbara Bank & Trust. He has a strong background in private equity and investment banking, having also previously worked at private equity firm Flexpoint Ford (not related to Ford Financial Fund). He started his career as an investment banking analyst with Credit Suisse.

Knight Insurance Group [LOS ANGELES] recently appointed David Keum as its Chief Financial Officer. Keum served as Knight’s interim CFO and has previously worked with Knight on a consultancy basis. Prior to working with Knight Insurance Group, Keum was a senior manager at JLK Rosenberger LLP. He began his career at KPMG’s Los Angeles office.

Novan Therapeutics [DURHAM, N.C.] announced the addition of Richard Peterson as the company’s Chief Financial Officer. Peterson joins Novan after a nearly 20-year career at Medicis Pharmaceutical Corporation where he held roles in finance, accounting and business development.  Most recently, Mr. Peterson served as Executive Vice President, Chief Financial Officer and Treasurer of the NYSE-traded company until its acquisition in 2012 by Valeant Pharmaceuticals International.  Prior to joining Medicis, Mr. Peterson was a senior financial auditor with PricewaterhouseCoopers.  He currently serves as a Director at Universal Insurance Holdings, Incorporated.

CNM LLP announced the appointment of Razmig (“Raz”) Bolkorjian as Practice Leader for its Accounting and Transaction Advisory Services and Compliance and Risk Advisory Services practices. Prior to joining CNM, Mr. Bolkorjian was senior vice president and deputy chief financial officer of Cathay Bank in El Monte, CA, a subsidiary of Cathay General Bancorp. Prior to Cathay Bank, he was a senior manager with the audit services practice of KPMG in Los Angeles.

Lycera Corp. [NEW YORK and ANN ARBOR, Mich.] announced the appointment of Alex G. Howarth as Chief Financial Officer. Prior to joining Lycera Corp., Mr. Howarth most recently served as Executive Vice President and Chief Financial Officer of moksha. Previously, Mr. Howarth was Chief Business Officer at Vitae Pharmaceuticals. Prior to this, Mr. Howarth held a variety of senior positions in finance and corporate development at GSK and latterly served as Head, Venture Partnerships.  Before this, Mr. Howarth worked at KPMG, where he qualified as a chartered accountant.

Apollo Education Group, Inc. (NASDAQ: APOL) [PHOENIX] announced the promotion of Gregory Iverson to serve as the company’s chief financial officer, effective October 26, 2015. Mr. Iverson succeeds Joseph D’Amico, who has been serving as interim CFO since May. Greg Iverson, serving as an officer of Apollo Education Group, is currently vice president of finance, chief accounting officer and treasurer. He began his tenure at Apollo in April 2007 as vice president and controller. Prior to joining the organization, he was the director of financial reporting for US Airways, and director and assistant controller at EaglePicher Inc. He began his career in public accounting with Deloitte & Touche and Arthur Andersen.

Arcadia Biosciences, Inc. (NASDAQ: RKDA) [DAVIS, Calif.] announced that chief financial officer Thomas O’Neil will be leaving the company to pursue other professional interests. Steve Brandwein, vice president of finance and administration and a 13-year veteran of the company, will serve as interim CFO. Mr. Brandwein has served as Arcadia’s vice president of finance and administration since the company’s founding in September 2002, and served as the company’s secretary from September 2002 until June 2014. Prior to joining Arcadia, he built a broad base of experience in both the public and private sectors, including work for the Department of Treasury and more than a decade as an executive with Dial Corporation in both the U.S. and Europe.

Orion Energy Systems, Inc. (NASDAQ: OESX) [MANITOWOC, Wis.] announced that it has appointed William T. Hull to Chief Financial Officer. Scott Jensen will remain with the company as Controller/Vice President. Mr. Hull was most recently at RTI International Metals, where he served as Chief Risk Officer, Chief Financial Officer and Chief Accounting Officer. Before joining RTI, he was the Corporate Controller with Stoneridge, Inc. Vasco Data Security International Mark Hoyt

VASCO Data Security International, Inc. (NASDAQ: VDSI) [OAKBROOK TERRACE, Ill.] announced that Mark Hoyt has joined the company. He will serve as Chief Financial Officer, Secretary and Treasurer commencing on the first day immediately following the filing of the Company’s Form 10-Q for the quarter ending September 30, 2015. Cliff Bown, VASCO Executive Vice President and Chief Financial Officer will remain with VASCO in a consulting capacity through his planned retirement in May, 2016. Hoyt has held a number of senior finance positions in the technology field, most recently serving as the Chief Financial Officer of Groupon, Inc. operations in Europe, Middle East and Africa based in Switzerland. Hoyt was promoted by Groupon in 2012 from the position of Vice President of International Financial Operations based in Chicago.

Catalina [ST. PETERSBURG, Fla.] announced that Shelly Schaffer has been appointed Executive Vice President and Chief Financial Officer. Schaffer comes to Catalina from Simply Hired, Inc., where she served as EVP and CFO. Previously she served as EVP and CFO at Support.com; VP of Corporate Operations Finance at Yahoo! Inc.; and in a variety of financial roles of increasing responsibility for Mercury Interactive, which was acquired by Hewlett Packard during her tenure. She has also held financial leadership positions for The Coca Cola Company and the Nestle Beverage Company.

Ducommun Incorporated (NYSE: DCO) [LOS ANGELES] announced that Joseph P. Bellino, vice president, chief financial officer and treasurer, has decided to retire effective December 31, 2015. As part of its long-range succession plan, the Company announced that Douglas L. Groves, currently vice president, controller and chief accounting officer, will succeed Mr. Bellino on January 1, 2016. Mr. Groves joined Ducommun in January 2013 as vice president of accounting and moved into the vice president, controller and chief accounting officer role later that year. He has more than 25 years of management experience, most recently at Beckman Coulter, Inc., where he served as corporate vice president and chief information officer.

Voip-Pal.Com Inc. (OTC Pink: VPLM) [BELLEVUE, Wash.] announced the appointment of D. Barry Lee as Chief Financial Officer. Mr. Lee has over 30 years of experience working with public and private companies.

Caladrius Biosciences, Inc. [Basking Ridge, NJ] promoted Joseph Talamo to Senior Vice President and Chief Financial Officer. Mr. Talamo was the Company’s Vice President, Corporate Controller and Chief Accounting Officer from June 2011 until his promotion to Senior Vice President and Chief Financial Officer. From 1996 to 2010, Mr. Talamo held various senior positions at OSI Pharmaceuticals, Inc., and most recently served as its Vice President and Corporate Controller from 2006 to 2010 and its Corporate Controller from 2002 to 2006. Prior to OSI, Mr. Talamo worked at Bristol-Myers Squibb from 1995 to 1996 in the Financial Reporting and Consolidations Group, and at KPMG from 1993 to 1995 in the Health Care and Life Sciences Audit Group. Robert S. Vaters, the Company’s former President and Chief Financial Officer has resigned.

Allscripts (NASDAQ: MDRX) [CHICAGO] announced that Chief Financial Officer Rick Poulton has been promoted to President. Poulton will maintain the CFO title and responsibilities until a new CFO is appointed.

Aran Insurance Services Group [ROCKVILLE CENTRE, N.Y.] announced that David Carey has been appointed Chief Financial Officer. He will provide group-level oversight of subsidiaries MiniCo Insurance Agency, LLC; HRMP, LLC; and Aran Insurance Underwriters as well as continue in his roles as Chief Financial Officer of HRMP, LLC, and Aran Insurance Underwriters. Mr. Carey joined HRMP, LLC, in 1993 where he has held multiple positions including Senior Staff Accountant, Managing Director and Controller, and Chief Financial Officer.

The MIL Corporation (MIL) [BOWIE, Md.] announced the appointment of William P. Loomis as its newly appointed Chief Financial Officer. Most recently, Loomis served as EVP and CFO of Centennial. In addition, he served as CEO and CFO of FileTek. He began his career with Ernst & Young.John Williamson

Spirit Aeronautics [COLUMBUS, Ohio] announced the appointment of John Williamson as Chief Financial Officer (CFO). Mr. Williamson’s professional experience includes positions as Assistant Director of Accounting for Franklin University, Accounting Software/Business Development Manager for AccuNet/ITS, Franchise Owner of Fryer Management Services and Senior Auditor for Deloitte.

TerraForm Global, Inc. (NASDAQ: GLBL) [BETHESDA, Md.] announced that Alejandro “Alex” Hernandez has been appointed as its Executive Vice President and Chief Financial Officer. Mr. Hernandez will continue in his capacity as EVP and CFO of TerraForm Power, Inc. Mr. Hernandez has served as the CFO of TerraForm Power since September 2014. Previously, Mr. Hernandez was Managing Director in the Investment Banking Division of Goldman, Sachs & Co. Mr. Hernandez replaces Mr. Jeremy Avenier, who will return to SunEdison as Head of SunEdison’s Corporate FP&A function.

CFO Moves – week ending October 16, 2015

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CFO Moves this week include:

Genworth Financial, Inc. Under Armour Blue Apron
Zift Solutions Sino-Global Shipping America, Ltd. Sunspire Health
iSystems, LLC Bovie Medical Corporation Remedy Pharmaceuticals
The Suddath Companies Wimbledon Health Partners Argan, Inc.
i-5 Publishing Sysorex Surgical Affiliates Management Group
Masonite International Corporation Eastside Distilling, Inc. Condor Hospitality Trust, Inc.
Carpenter Technology Corporation Fastenal Company General American Investors Company

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

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Genworth Financial, Inc. (NYSE: GNW) [RICHMOND, Va.] announced that it has named Kelly L. Groh executive vice president and chief financial officer.  She succeeds Martin P. Klein, who resigned to take a senior leadership role at another financial services company. Groh, presently the company’s controller and principal accounting officer, has been with Genworth since prior to its initial public offering in 2004, serving in leadership roles including senior vice president of investment portfolio management, CFO of the company’s previous Retirement and Protection segment and various finance roles for predecessor companies.  Prior to joining the company, Groh was employed by Price Waterhouse Coopers, LLP.

Under Armour (NYSE: UA) [BALTIMORE] announced that Chief Operating Officer and Chief Financial Officer Brad Dickerson will be stepping down to pursue another professional opportunity outside of the athletic performance industry.  Mr. Dickerson has been with Under Armour since 2004, serving as CFO since 2008, and more recently gaining the title of COO in early 2015. Mr. Dickerson will remain with Under Armour until February 2016.

Blue Apron [NEW YORK] announced that Brad Dickerson will join the company as Chief Financial Officer.  Brad is currently the CFO and COO of Under, and will transition to Blue Apron in early 2016. Brad spent the last eleven years at Under Armour, joining initially as its controller and then eventually becoming CFO and then COO.  Prior to that, he was Chief Financial Officer of Macquarie Aviation North America from 2003 to 2004 and Chief Financial Officer of Network Building & Consulting from 1998 to 2003. Along with the hire of Dickerson as CFO, Blue Apron announced today that Julie M.B. Bradley, CFO of TripAdvisor, will join Blue Apron’s Board of Directors.  Bradley also serves on the board of Wayfair and Constant Contact.Nicole Wicker

Zift Solutions [RESEARCH TRIANGLE PARK, NC] announced that Nicole Wicker has joined the company’s executive leadership team as Chief Financial Officer (CFO). Directly prior to joining Zift, Wicker was the CFO of TearScience, from 2011 to 2013. Wicker’s successful career history also includes serving as Interim CFO for Motricity, Controller for SmartPath, Senior Manager for Ernst & Young (EY) as well as contract CFO for a number of companies.

Sino-Global Shipping America, Ltd. (NASDAQ: SINO) [ROSLYN, N.Y.] announced the appointment of Ms. Tuo Pan as the Company’s new Acting Chief Financial Officer (“Acting CFO”). Ms. Pan will replace Anthony S. Chan who served as the Company’s Acting CFO, Director and Executive Vice President since October 31, 2013. Mr. Chan is stepping down only as Acting CFO and will remain on the Board of Directors and retain his position as Executive Vice President. Since 2008, Ms. Pan has overseen the finance and accounting functions of Sino-Global Shipping Australia Pty Ltd. From August 2007 to July 2008, Ms. Pan worked as Project Manager of Baker Tilly China Ltd.

Sunspire Health [LYNDHURST, NJ] named Bryan J. Carey as EVP and CFO. Carey was most recently the President and CFO of 21st Century Oncology. Prior to 21st Century Oncology, Bryan served as Managing Director of Vestar Capital Partners. He also served as a director, consultant, and interim executive, including CEO, COO and/or CFO for various portfolio companies. Bryan also held lead executive roles at Aearo Corporation and Manufacturers Hanover Venture Capital.

iSystems, LLC [BURLINGTON, Vt.], the company behind Evolution HCM, announced the hiring of Theodore I. Les as the company’s Chief Financial Officer.  Mr. Les held executive management positions with renowned Internet pioneer Bolt Beranek & Newman (BBN Corp.) and GTE.  For the past 15 years, Les served as the CFO for technology innovator Cambridge Research & Instrumentation, Inc. (CRi) and Agreements Based Billing market leader MetaTech Corp.

Bovie Medical Corporation (NYSE: BVX) [CLEARWATER, Fla.] announced that it has named Jay Ewers to the position of Chief Financial Officer. Mr. Ewers has served as interim CFO since mid-June of this year and was previously the Company’s Corporate Controller.

Remedy Pharmaceuticals [NEW YORK] announced the appointment of Richard I. Steinhart as Chief Financial Officer. Previously he was employed by MELA Sciences, Inc. as the Company’s Senior Vice President, Finance and Chief Financial Officer, Treasurer and Secretary. Prior to joining MELA, Richard was a Managing Director of Forest Street Capital/SAE Ventures. Prior to that, he was Vice President and Chief Financial Officer of Emisphere Technologies, Inc. Richard’s other experience includes seven years at CW Group, Inc., where he was a General Partner and Chief Financial Officer. He began his career at Price Waterhouse, now known as PricewaterhouseCoopers.

The Suddath Companies [JACKSONVILLE, FLA.] announced that chief financial officer, Jim Barnett, will retire in January 2016, after 41 years of dedicated service. Barnett joined Suddath in 1974 and assumed the CFO position in 2002. Kevin Gannon, chief financial officer for the Suddath operating companies, will assume the role for the parent company following Barnett’s transition.

Wimbledon Health Partners [BOCA RATON, FLORIDA] announced the hire of Ron Levitt as Chief Financial Officer.

Argan, Inc. (NYSE: AGX) [ROCKVILLE, Md.] announced the appointment of David Watson as its new Senior Vice President and Chief Financial Officer, a position held by Board member, Cynthia Flanders since the retirement of the former CFO in late 2014. Ms. Flanders will continue to serve on the Company’s Board of Directors and assist with the transition. Most recently Mr. Watson was the CFO and Treasurer of Gladstone Investment Corporation and Gladstone Capital Corporation. Prior to that he served as Director of Portfolio Accounting of MCG Capital from July 2007 until January 2010.

i-5 Publishing [IRVINE, Calif.] announced the appointment of David Katzoff as chief financial officer. Prior to joining i-5, Katzoff served as vice president of finance at Local Corporation, for 11 years.

Sysorex (NASDAQ: SYRX) [PALO ALTO, Calif.] announced it has named Kevin Harris as Chief Financial Officer. Harris’ most recent role was CFO of Response Genetics. Harris began his financial career at KPMG. He assumes the CFO role from Wendy Loundermon who has served as Sysorex’s interim CFO since January, 2015 and before that as Sysorex’s CFO from 2002 to November, 2014. Loundermon will continue with Sysorex as Vice President of Finance and President of the company’s government services unit.

Surgical Affiliates Management Group [SACRAMENTO, Calif.] announced that it has appointed Theresa Hylen to the position of Chief Financial Officer. In her most recent position, Hylen served as the CFO/Finance Executive for Sutter Medical Foundation, North Division. Prior to that position, Hylen served as CFO for Sutter Amador Hospital. Additional positions within the Sutter organization included Director of Finance for Sutter North Medical Foundation and Finance Director/Accounting Manager for Sutter Medical Foundation. Before joining Sutter, she was a Senior Auditor with Ernst & Young LLP.

Masonite International Corporation (NYSE: DOOR) [TAMPA, Fla.] announced the appointment of Russell Tiejema as Executive Vice President and Chief Financial Officer effective November 2, 2015. Mr. Tiejema is joining Masonite from Lennox International, where he has served as the Vice President of Finance and Chief Financial Officer of LII Residential, the largest reporting segment of Lennox International, since 2013. From 2011 to 2013 he served as the Vice President, Business Analysis & Planning, of Lennox International. Prior to joining Lennox in 2011, he spent 20 years with General Motors in a variety of financial leadership roles across a number of operating units and staffs, including Finance Director for GM Fleet & Commercial and Director of Financial Planning and Analysis.

Eastside Distilling, Inc. (OTCQB: ESDI) [PORTLAND, OR] announced that Steve Shum has been appointed as its Chief Financial Officer (CFO). Prior to joining Eastside, Mr. Shum spent approximately five years as Chief Financial Officer of a publicly-traded global renewable energy company.

Condor Hospitality Trust, Inc. (NASDAQ: CDOR) [Norfolk, NE] announced that Jonathan J. Gantt will join Condor as Senior Vice President and Chief Financial Officer on October 27, 2015.  Mr. Gantt served as Director, Treasury, Capital Markets and M&A of Starwood Hotels & Resorts Worldwide, Inc. from July 2013 to October 2015.  As previously announced, Corrine L. Scarpello, who joined Condor in 2005, and who served as CFO since August 2009, will be leaving the company with the appointment of Mr. Gantt as CFO.

Carpenter Technology Corporation (NYSE: CRS) [WYOMISSING, Pa.] announced that Damon Audia has been named Senior Vice President & Chief Financial Officer (CFO). Tim Lain will resume his position as Vice President, Controller & Chief Accounting Officer. For the last ten years, Damon has been with The Goodyear Tire & Rubber Company. He most recently served as Senior Vice President of Finance for the company’s North America division. He also led the finance group for Goodyear’s Asia Pacific Region business unit while based in Shanghai, China and was Senior Vice President of Corporate Business Development. Earlier in his career with Goodyear, Damon served as the company’s Vice President & Treasurer. His prior experiences include positions with Delphi Corporation and General Motors.

Fastenal Company [Winona, Minnesota] appointed the current CFO, Daniel Florness as the Company’s president and chief executive officer effective January 1, 2016. Mr. Florness has served as the Company’s chief financial officer since June 1996 and as an executive vice president of the Company since December 2002.

General American Investors Company, Inc. [NEW YORK] reported that Henry Schirmer, Senior Vice President and Chief Financial Officer of Unilever North America, has been appointed to the Board of Directors of the Company. Mr. Schirmer has held prior positions at Unilever operations in Germany, United Kingdom, the Netherlands, Austria and Switzerland and several other consumer and industrial organizations.

CFO Moves – week ending October 23, 2015

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CFO Moves this week include:

Phillips 66 Quintiles CIT Group Inc.
Springleaf Holdings, Inc. PG&E Corporation U.S. Legal Support Inc.
Allegro Ophthalmics, LLC Sugar Cane Growers Cooperative of Florida EnterpriseDB
PhyMed Healthcare Group Rexnord Corporation Datablink, Inc.
SynerMed, Inc. Novelis Inc. PowerSecure International, Inc.
Goodrich Petroleum Corporation Helius Medical Technologies, Inc. Calgon Carbon Corporation
Quaker Chemical Corporation Icertis Navigator Energy Services, LLC
Seagate Technology The Hanover Insurance Group, Inc. MYR Group Inc.
University of Rochester Comstock Holding Companies, Inc. Westmoreland Coal Company

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Should you have any CFO Moves to report, please email us.

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

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Phillips 66 [Houston, Texas] reported that Greg G. Maxwell, Executive Vice President, Finance and Chief Financial Officer announced his intention to retire from this position with the Company effective December 31, 2015. The Company appointed Kevin J. Mitchell as Executive Vice President, Finance and Chief Financial Officer of the Company effective January 1, 2016. Mr. Mitchell has served as the Company’s Vice President, Investor Relations, since joining the Company in September 2014. Prior to joining the Company, he served as the General Auditor of ConocoPhillips from May 2010 until September 2014 and Vice President, Exploration and Production – Strategy, Administration and Technical Services from April 2009 until April 2010. Mr. Mitchell joined Conoco in 1991 and held a variety of finance and accounting positions with Conoco and ConocoPhillips, including General Manager of Upstream Finance, Strategy and Planning; Vice President, Finance and Administration for ConocoPhillips Alaska; and Manager of Treasury Services.Kevin Gordon

Quintiles [RESEARCH TRIANGLE PARK, N.C.] announced that Kevin Gordon, currently serving as Executive Vice President, Operations and Chief Financial Officer (CFO), has been promoted to Chief Operating Officer (COO) and that Michael McDonnell is expected to join Quintiles in December 2015 as Executive Vice President, Chief Financial Officer (CFO). Mr. Gordon will continue to serve as Quintiles CFO until Mr. McDonnell joins the company. Mr. McDonnell joins Quintiles from Intelsat, where he has served as CFO since 2008. Previously, McDonnell held CFO positions at MCG Capital Corporation, and EchoStar Communications, formerly known as DISH Network Corporation. Earlier in his career, he was a partner at PricewaterhouseCoopers, LLP. McDonnell also served as a member of the board of directors of Catalyst Health Solutions, Inc.

CIT Group Inc. (NYSE: CIT) [NEW YORK] announced that Scott T. Parker, Executive Vice President and Chief Financial Officer, will leave the Company in November to serve as Executive Vice President and Chief Financial Officer of Springleaf Holdings, Inc. Parker joined CIT in July 2010.

Springleaf Holdings, Inc. (NYSE: LEAF) [EVANSVILLE, Ind.] announced that Scott T. Parker will join the company on or prior to November 15, 2015 as Executive Vice President. He will assume the title of Chief Financial Officer of Springleaf Holdings, Inc. (“Holdings”) on the later of his start date with the Company or the business day following the date on which Holdings files its Form 10-Q for the period ending September 30, 2015. He will be succeeding Minchung (Macrina) Kgil as Chief Financial Officer of Holdings while Ms. Kgil will continue to serve as Chief Financial Officer of the company’s subsidiaries. Parker joins Springleaf from CIT Group, Inc., where he served as Executive Vice President and Chief Financial Officer since 2010. Prior to CIT, Parker served as Chief Operating Officer and Chief Financial Officer of Cerberus Operations and Advisory Company LLC, an affiliate of Cerberus Capital Management, LP. Before joining Cerberus in 2006, he spent 17 years in various financial leadership roles within the industrial and financial services businesses at General Electric Company, most recently as the Chief Financial Officer for GE Capital Solutions. Prior to GE Capital Solutions, Parker was Chief Financial Officer of GE Corporate Financial Services.

PG&E Corporation [SAN FRANCISCO] announced that Kent M. Harvey, senior vice president and chief financial officer has notified the company of his intention to retire in 2016.Vince Ekleberry

U.S. Legal Support Inc. [HOUSTON] announced the appointment of Vince Ekleberry as Senior Vice President and Chief Financial Officer. Prior to joining U.S. Legal Support, Ekleberry was CFO for Professional Directional Enterprises, Inc. Earlier in his career, Ekleberry was CFO of global operations for Wood Group Gas Turbine Services.

Allegro Ophthalmics, LLC [SAN JUAN CAPISTRANO, Calif.] announced that Scott Cooper has joined the company as Chief Financial Officer (CFO) and Vice President of Business Development. Mr. Cooper recently served as the CFO of WaveTec Vision Systems, Inc., joining the company in 2007. Prior to WaveTec, Mr. Cooper was Corporate Controller at IntraLase Corp.Brian R. Lohmann

Sugar Cane Growers Cooperative of Florida [BELLE GLADE, Fla.] announced that Brian R. Lohmann has been named Vice President of Finance, Chief Financial Officer (CFO) and Assistant Secretary-Treasurer of. He succeeds Juan Tellechea in this position upon his retirement on Sept. 30, 2015 after 32 years of service. Lohmann joined the Cooperative in 2008 as supervisor of the accounting department. Prior to joining the Cooperative, Lohmann worked for Pioneer Growers as the Director of Replenishment in managing the Wal-Mart account for the eastern United States. He also owned his own accounting firm in Pahokee and Belle Glade for 16 years.

EnterpriseDB [BEDFORD, MA] announced that Paul Blondin has joined the company as senior vice president and chief financial officer. Before joining the company, Blondin was a managing partner of KickStart Partners, LLC. In the early 2000s, he was the Founder, Executive Chairman of the Board and CEO of Pactolus Communication Software. Prior to this, Blondin held executive positions at various technology companies, including network security company Netect Ltd., Open Development Corporation and Cascade Communications Inc. Blondin has served as a board member or advisor to more than 20 public and private companies. His current directorships include Revitas, Inc. of Philadelphia, PA and Bin1 ATE LLC of Northborough, MA.

PhyMed Healthcare Group [NASHVILLE, Tenn.]  announced that Sam E. Daniel has been named chief financial officer (CFO). Prior to PhyMed, Daniel was CFO of Comprehensive Pharmacy Solutions, and he has also served as CFO at American Pathology Partners. He has also held leadership roles at various laboratory and specialty pharmacy companies throughout his career. Daniel is working with Mark Bogovich, PhyMed’s CFO since 2012, to transition into the new role.

Rexnord Corporation (NYSE: RXN) [MILWAUKEE] announced that Theodore D. Crandall joined the Company’s Board of Directors. Mr. Crandall will also serve on the Audit Committee. Mr. Crandall, currently serves as the Senior Vice President and Chief Financial Officer of Rockwell Automation, Inc., a position he has held since 2007. Prior to that, Mr. Crandall served in various management positions at Rockwell and related companies.

Datablink, Inc. [TYSONS CORNER, Va.] announced it appointed Kurt Haufler as its Chief Financial Officer. Haufler most recently served as CFO of RapidAdvance. Previously, Haufler served as vice president of finance at SkyTerra Communications.  Other previous positions include director of finance at Motient Corporation and leading the financial planning at SMCo, a manufacturing and engineering division of Raytheon.

SynerMed, Inc. [MONTEREY PARK, Calif.]  announced that it has named Timothy J. Spillane as Chief Financial Officer (CFO). Mr. Spillane joins SynerMed from his own advisory firm where he served as a strategic advisor, board member and investor in healthcare services companies and to numerous private equity groups. Previously, Mr. Spillane held the role of Senior Vice President, Corporate Development at Amerigroup Corporation. While at Amerigroup, Mr. Spillane also served as Interim CFO of Amerigroup’s New York Health plan.Steve Pohl

Novelis Inc. [ATLANTA] announced that Steve Pohl, Vice President, Financial Planning & Analysis, has been named Interim Chief Financial Officer. Pohl assumes the CFO duties from Steve Fisher who was promoted to Chief Executive Officer in August. Pohl joined Novelis in 2009 as Vice President of Finance for North America. From 2011 to 2012, he served as Vice President, Global Business Services, and was then named Vice President, Financial Planning & Analysis, in July 2012. Prior to Novelis, Steve spent 28 years with PPG Industries.

PowerSecure International, Inc. (NYSE: POWR) [WAKE FOREST, N.C.] announced that it has appointed Eric Dupont as executive vice president and chief financial officer (CFO). Chris Hutter, who previously served as the company’s CFO and chief operating officer (COO), will continue to serve as the company’s executive vice president and COO. Mr. Dupont was previously executive vice president of finance and administration at PowerSecure.

Goodrich Petroleum Corporation (NYSE: GDP) [HOUSTON] announced that it has hired Joseph T. Leary as its Interim Chief Financial Officer. Mr. Leary has held various executive positions within the energy industry and was formerly the Chief Financial Officer of KCS Energy, Inc. (2003 – 2006), Energy Partners, Ltd. (2007 – 2009) and Tarpon (2011 – 2014).

Helius Medical Technologies, Inc. (OTCQB: HSDT) [NEWTOWN, Pa.] appointed Joyce LaViscount as Chief Financial Officer and Chief Operating Officer. Joyce has extensive experience in finance and operations roles after spending the last 28 years in the pharmaceutical industry, including Endo Pharmaceuticals, Pfizer, Bristol-Myers Squibb and Aptalis. Joyce joins Helius from MediMedia Health where she was CFO and COO. Joyce has been a member of Helius’ Board of Directors since March 2015. Ms. LaViscount fills the vacancy created by the resignation of the Company’s former CFO, Amanda Tseng.

Calgon Carbon Corporation (NYSE: CCC) [PITTSBURGH] announced that current Chief Financial Officer, Steve Schott, has been promoted to Executive Vice President of the newly formed Advanced Materials, Manufacturing, and Equipment (AMME) Division. Replacing Steve Schott as CFO, will be Robert Fortwangler, currently the Vice President of Finance. Fortwangler joined the Calgon Carbon finance group in 2001. In 2008 he was promoted to Director of Finance, and held various positions including manager of planning, assistant controller and assistant treasurer.

Quaker Chemical Corporation (NYSE: KWR) [CONSHOHOCKEN, Pa.] announced that Mary Dean Hall has been appointed as Quaker’s Vice President, Chief Financial Officer and Treasurer, effective November 30, 2015.  Ms. Hall will be joining Quaker from Eastman Chemical Company where since 2009 she was the Vice President and Treasurer.  Prior to that role, Ms. Hall held various senior financial and treasury positions of increasing responsibility with Eastman since 1995.  Before her career at Eastman, she held financial and banking positions with Nalco Chemical and various banks, including Citibank.

Icertis [BELLEVUE, Wash.] announced the appointment of Dan Kaltenbach as the company’s Chief Financial Officer. Kaltenbach comes to Icertis from Blue Box. Before that, he served as the CFO for two global digital marketing agencies, POSSIBLE and ZAAZ. Kaltenbach has also worked in various finance roles at Intel and Starbucks, and co-founded a startup called ServiceStop.com.

Navigator Energy Services, LLC [DALLAS] announced the addition of Jeffrey Allen to its senior leadership team as chief financial officer and senior vice president. Prior to Navigator, Allen spent two years with JP Energy Partners where was a co-founder and the chief financial officer. Additionally, Allen spent three years as a senior vice president and chief financial officer for Lonestar Midstream Partners. He also has done financial consulting work for Marathon Petroleum Corporation and Saudi Aramco.

Seagate Technology (NASDAQ: STX) [CUPERTINO, Calif.] announced that David H. Morton, Jr.  has been promoted to executive vice president and chief financial officer. Patrick O’Malley, Seagate’s current chief financial officer, will remain with the company as executive vice president with responsibility for a broad range of strategic and operational issues. Morton most recently served as Seagate’s senior vice president, treasurer and principal accounting officer responsible for overseeing Seagate’s corporate finance, treasury and accounting activities. He joined Seagate in 1995 and over the last twenty years has held multiple leadership roles in both the US and Asia, each increasing in scope within the Company’s global finance organization including corporate financial planning, revenue consolidation, manufacturing, pricing, and sales operations.

The Hanover Insurance Group, Inc. (NYSE: THG) [WORCESTER, Mass.] announced that David B. Greenfield, the company’s chief financial officer, passed away over the weekend, following a health event late last week. Greenfield joined The Hanover in 2010 and was named executive vice president and chief financial officer in 2011. Prior to joining The Hanover, he served as executive vice president and chief financial officer of AXIS Capital Holdings Limited, a multi-national, publicly-traded insurer based in Bermuda. Previously, he worked at KPMG LLP for 22 years, rising to senior partner of the firm’s financial services practice, global sector leader of the firm’s insurance practice, and a member of its global financial services leadership team. The Hanover’s board of directors has appointed Frederick H. Eppinger, president and chief executive officer at The Hanover, to serve as acting chief financial officer and Warren Barnes, vice president and corporate controller, to serve as acting principal accounting officer.

MYR Group Inc. (NASDAQ: MYRG) [Rolling Meadows, Ill.] announced the appointment of Betty R. Johnson as MYR’s Senior Vice President, Chief Financial Officer and Treasurer. Ms. Johnson has been a member of MYR’s Board of Directors since 2007 and for that time has served on the Board’s Audit and Nominating and Corporate Governance Committees. Effective October 19, 2015, Ms. Johnson resigned from the Board and all Board committees on which she served so that she could commence employment with MYR. Prior to this appointment, Ms. Johnson served as Executive Vice President, Chief Financial Officer and Treasurer of Faith Technologies, Inc. since 2015. From 2009 to 2014, Ms. Johnson served as the Vice President of Global Finance and Chief Financial Officer of Sloan Valve Company. Prior to this, Ms. Johnson was Executive Vice President and Chief Financial Officer with Block and Company, Inc. from 2003 to 2009. From 1999 to 2003, she served as the Vice President Operations/Finance with Encompass Services Corporation. Ms. Johnson served as MYR’s Controller from 1992 to 1998 and Vice President and Controller from 1998 to 1999. In addition, Ms. Johnson has 11 years of experience in various auditing roles within Deloitte and Touche’s construction industry group. Ms. Johnson will replace Paul J. Evans as MYR’s Chief Financial Officer.

University of Rochester [Rochester, NY] announced that Holly G. Crawford has been named the senior vice president for administration and finance, chief financial officer and treasurer. She will begin in the roles on Jan. 15, 2016. Crawford, who is the senior associate vice president for budgets and planning and who has served as deputy to the senior vice president and CFO for eight years, was selected after a national search. She succeeds Ronald Paprocki, who announced his intent to retire on Jan. 15, 2016 after more than 45 years at the University.

Comstock Holding Companies, Inc. (NASDAQ: CHCI) [WASHINGTON & RESTON, Va.] announced that Joseph M. Squeri has been appointed to the Company’s Board of Directors effective immediately. In connection with this appointment, Mr. Squeri will no longer serve as the Company’s Chief Financial Officer effective as of November 25, 2015. Mr. Squeri has accepted a position as Managing Director with SunBridge Capital Management, LLC (“SunBridge”), a private investment management firm supported by the Bainum family, a prominent Washington, DC family with investment interests that include Choice Hotels International (NYSE: CHH) and Comstock. Effective November 25, 2015, Christopher L. Conover will serve as the interim Chief Financial Officer and Principal Financial Officer of the Company in addition to his current role as the Company’s Senior Vice President, Accounting and Finance. Mr. Conover has been the Company’s Senior Vice President, Accounting and Finance since joining the Company in 2012. He was previously with PricewaterhouseCoopers LLP (“PwC”) from 2007 to 2011, serving in their Financial Services Assurance practice.

Westmoreland Coal Company (NasdaqGM: WLB) [Englewood, CO] announced that Kevin A. Paprzycki, the company’s Chief Financial Officer, will become Chief Executive Officer effective as of January 1, 2016. Jason Veenstra, who also joined Westmoreland in April 2014 as part of the Canadian acquisition, has been promoted to Chief Financial Officer, effective as of January 1, 2016. Mr. Paprzycki joined Westmoreland as Controller and Principal Accounting Officer in June 2006 and was named Chief Financial Officer in April 2008. Previously, he served as Chief Financial Officer of Evans and Sutherland Computer Corporation and held senior level positions at Applied Films Corporation, Baker Hughes and Ernst and Young. Mr. Veenstra joined Westmoreland in April 2014 as CFO – Canada. At Sherritt International, he held roles which included Director of Business Development and Chief Financial Officer for the coal division.


CFO Moves – week ending October 30, 2015

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CFO Moves this week include:

Rite Aid Corporation MoneyGram Spectrum Equity
Shutterfly, Inc. TIBCO Software Inc. Huntington Ingalls Industries
Asset Risk Management Lindblad Expeditions Holdings, Inc. VAALCO Energy, Inc.
SnapLogic Enable Midstream Partners, LP ArroHealth
NOWDiagnostics Inc. Hexion Inc. ezCater
Metalogix HomeCare Connect iSqFt
Cesca Therapeutics Inc. Star2Star Communications, LLC Harmonic Inc.
Atlassian DGSE Companies, Inc. Foresight Energy LP
MemorialCare Health System Rogers Corporation Prestige Brands Holdings, Inc.
SGI Uranium Energy Corp. A1 Group Inc.
Flushing Financial Corporation Monster Worldwide, Inc. Frequency Electronics, Inc.
STG, Inc.

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

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Rite Aid Corporation (NYSE: RAD) [CAMP HILL, Pa.] announced that Darren Karst has been promoted to the combined role of senior executive vice president and chief financial officer and chief administrative officer. Karst joined Rite Aid in August, 2014 as the company’s executive vice president and chief financial officer.Lawrence Angelilli

MoneyGram (NASDAQ: MGI) [DALLAS] announced that Lawrence Angelilli has been named executive vice president and chief financial officer, effective Jan. 1, 2016. Angelilli succeeds W. Alexander Holmes, who will assume MoneyGram’s chief executive role on the same date. Mr. Angelilli joined MoneyGram in August 2011 as Senior Vice President, Treasurer. Prior to MoneyGram, he was Director, Underwriting for Hudson Advisors/Lone Star Funds.  From 1998 to 2009, Angelilli was Senior Vice President, Finance at Centex Corporation.  His professional experience also includes tenures with NationsBank Corporation, Chrysler Financial Corporation and The National Bank of Detroit.

Spectrum Equity [BOSTON & SAN FRANCISCO] announced that Brian Regan has joined the firm as Managing Director and Chief Financial Officer. Most recently, Mr. Regan served as Chief Financial Officer at Shutterfly, Inc. Prior to joining Shutterfly in 2012, Mr. Regan served as CFO at Nextag, as well as EVP and CFO of Ticketmaster Entertainment. Earlier in his career, he held finance leadership positions at LendingTree and later Expedia, Inc., where he last served as SVP Finance overseeing Expedia.com, Hotels.com, Hotwire, and TripAdvisor.Mike Pope

Shutterfly, Inc. (NASDAQ: SFLY) [REDWOOD CITY, Calif.] announced it has appointed Mike Pope as senior vice president and chief financial officer. Mr. Pope will become chief financial officer on November 6, 2015. Brian Regan will transition his duties to Mike Pope and remain chief financial officer through November 6, 2015. Mr. Pope joins Shutterfly Inc. from Clean Power Finance, where he served as chief financial officer. He has also held the position of chief operating officer and chief financial officer at MarketTools, vice president at BearingPoint, president and chief operating officer at Network General, president and chief executive officer at DigitalThink, and chief financial officer and chairman of the audit committee at Dionex (acquired by Thermo Scientific).

TIBCO Software Inc. [PALO ALTO, CA] announced it has appointed Tom Berquist as chief financial officer. Berquist career includes roles as CEO of Corel, CFO of Ingres, and most recently, CEO of Saba Software. Prior to that, he spent 10 years on Wall Street with Goldman Sachs, Citigroup, and Piper Jaffrey, and six years at Deloitte.Christopher Kastner

Huntington Ingalls Industries (NYSE: HII) [NEWPORT NEWS, Va.] announced that it has appointed Christopher D. Kastner to succeed Barbara A. Niland as the company’s chief financial officer and corporate vice president, business management, effective with Niland’s retirement on March 1, 2016. Kastner currently serves as corporate vice president and general manager, corporate development. Prior to being named to his current position in August 2012, he served as vice president and CFO for HII’s Ingalls Shipbuilding division. He also served as vice president, business management, and CFO for Northrop Grumman Shipbuilding-Gulf Coast and as vice president, contracts and risk management, for Northrop Grumman Ship Systems. He began his career at Northrop Grumman working on the B-2 program and had various business management positions.

Asset Risk Management (ARM) [HOUSTON] announced it has appointed Michael Christopher as chief financial officer and chief investment officer. Prior to joining ARM, Christopher spent nearly 13 years at ArcLight Capital Partners. Christopher began his career in Citigroup’s Global Energy and Power Group.

Lindblad Expeditions Holdings, Inc. (NASDAQ: LIND) [NEW YORK] announced it has named John McClain as its Chief Financial Officer.  He will join Lindblad on November 10, 2015.   Mr. McClain most recently served as the chief financial officer of The Jones Group Inc. until its sale to Sycamore Partners in April 2014. Prior to Jones, he held senior positions at Avis Budget Group, Inc., Cendant Corporation, Sirius Satellite Radio Inc., ITT Corporation and Arthur Andersen & Co. Current Chief Operating Officer Ian Rogers, who previously also held the CFO title, will continue as COO.

VAALCO Energy, Inc. (NYSE: EGY) [HOUSTON] announced the appointment of Don McCormack as new Chief Financial Officer. He will join VAALCO effective November 1, 2015 as Vice President of Finance and will assume the title of Chief Financial Officer following the filing of the Company’s third quarter 2015 Quarterly Report on Form 10-Q. Most recently, Mr. McCormack was Senior Vice President, Treasurer and Chief Accounting Officer for Rosetta Resources, Inc. from December 2013 until their acquisition by Noble Energy in June 2015. Mr. McCormack joined Rosetta as Vice President and Treasurer in August 2012. Prior to joining Rosetta, he served as Vice President and Chief Accounting Officer for Concho Resources Inc. from 2010 until 2012. Mr. McCormack also served as Controller and Chief Accounting Officer for Red Oak Capital Management LLC from 2007 to 2010. Prior to joining Red Oak Capital Management LLC, Mr. McCormack held various leadership and managerial positions with Burlington Resources and ConocoPhillips. Gregory Hullinger has elected to retire as Chief Financial Officer following the upcoming filing of the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2015.Robert Parker

SnapLogic [SAN MATEO, CA] announced the appointment of Robert J. Parker as chief financial officer. Prior to joining SnapLogic, he held vice president positions in corporate FP&A, M&A and operations at NetApp; and leadership positions in finance and operations at Sun Microsystems, MFS Datanet and Ford Aerospace.

Enable Midstream Partners, LP (NYSE: ENBL) [OKLAHOMA CITY] announced the appointment of Executive Vice President and Chief Financial Officer Rodney (Rod) J. Sailor as President, Chief Executive Officer and member of the Board of Directors effective Jan. 1, 2016. Prior to joining Enable, he served as senior vice president and chief financial officer at WPX Energy. He also served as vice president and treasurer for The Williams Companies where he was instrumental in the formation of two master limited partnerships.

ArroHealth [HAUPPAUGE, N.Y.] announced it has hired healthcare financial expert Walter Hosp as Chief Financial Officer.

NOWDiagnostics Inc. [SPRINGDALE, Ark.] announced the addition of Ann G. Bordelon as Chief Financial Officer/Chief Administrative Officer. Before joining NOWDx, Ann Bordelon spent nearly 13 years with Walmart. During her time she served as Chief Financial Officer for Walmart’s Sam’s Club division and CFO of the Asia region. She also served as Global Chief Audit Executive. Prior to joining Wal-Mart, Bordelon worked for Ernst & Young’s Assurance and Advisory Services Business. She also previously worked for Tyson Foods in a variety of finance and accounting positions.

Hexion Inc. [COLUMBUS, Ohio] announced the planned retirement of William H. Carter, Executive Vice President and Chief Financial Officer, at the end of the year and the appointment of George F. Knight as Executive Vice President and Chief Financial Officer of the Company effective January 1, 2016. Mr. Knight is the current Senior Vice President – Finance and Treasurer for Hexion and has served in that role since 2005. From 1997 to 2005, Mr. Knight served in senior finance roles with, Borden Foods Corporation, Borden Inc., and Borden Chemical Inc. Mr. Knight also previously held international finance leadership positions with Duracell International Inc. and has more than a decade of public accounting experience with Deloitte & Touche.

ezCater [BOSTON] announced that Bob Cruickshank, as Chief Financial Officer. Prior to ezCater, Bob served as CFO at Amazon Robotics (formerly Kiva Systems). Most recently before that, Bob was VP of Finance at Aspen Technology.

Metalogix [WASHINGTON, DC] announced that Nick Margarites has joined the company as Chief Financial Officer. Before joining Metalogix, Margarites held Vice President of Finance and Chief Accounting Officer positions at Sourcefire Inc. Prior to Sourcefire, Nick was Controller of Paratek Microwave Inc.

HomeCare Connect [MAITLAND, Fla.] announced that Gail Kasmir has joined as its Chief Financial Officer. Kasmir has worked with HomeCare Connect on an outsourced CFO basis for the past four years. Most recently, Kasmir owned and managed Forensic, Litigation, and Accounting Consultants, PLLC in Orlando.

iSqFt [CINCINNATI] announced the addition of Phil Hoey as Chief Financial Officer. Hoey has held executive-level positions at various organizations, including NBC, AOL, GE Capital, Epsilon and LexisNexis. Prior to joining iSqFt, he served as CFO for SourceLink.

Cesca Therapeutics Inc. (NASDAQ: KOOL) [RANCHO CORDOVA, Calif.] announced that it has appointed Michael Bruch Chief Financial Officer. Bruch was appointed Interim Chief Financial Officer in May 2015. Prior to that he had served as Controller since joining the Company in 2003. Bruch has over 25 years of experience in various financial and managerial roles including General Electric and Dada Micro Scan (now Siemens Healthcare).John McGovern

Star2Star Communications, LLC [Sarasota, FL] announced that John R. McGovern, currently Executive Vice President of Accounting and Finance, transitioned to the role of Chief Financial Officer. Mr. McGovern has been CFO of publicly traded and private equity backed small to mid-sized companies and has been divisional CFO for multi-billion dollar enterprises.

Harmonic Inc. (NASDAQ: HLIT) [SAN JOSE, Calif.] announced Carolyn Aver, chief financial officer, is leaving the company. Harold “Hal” Covert has been appointed to the position of chief financial officer. Mr. Covert has stepped down from Harmonic’s board to assume the CFO position. He has served as CFO of Lumos Networks, Silicon Image, Openwave and Adobe, and on the board of directors of several public companies including Lumentum, JDS Uniphase and Harmonic. Carolyn Aver is leaving Harmonic to join her husband in running their family winery.Murray Demo

Atlassian [SAN FRANCISCO] announced the appointment of Murray Demo as its new Chief Financial Officer (CFO). Demo replaces Erik Bardman whose departure is related to matters with a past employer and not related to his work at Atlassian. Demo has served on the company’s board of directors for the past four years, and as the audit committee chair. He resigned his board seat to assume the role of CFO. Demo has served as the CFO of Adobe Systems, Dolby Laboratories, LiveOps and Postini. Demo also has served on a number of public and private technology company boards as audit committee chair.

DGSE Companies, Inc. (NYSE MKT: DGSE) [DALLAS] announced that C. Brett Burford has tendered his resignation from the positions of Chief Financial Officer, and Director of DGSE Companies, Inc., to be effective November 4, 2015. Mr. Burford has accepted the position of Chief Financial Officer of Eyemart Express, LLC. Mr. Burford has been Chief Financial Officer of DGSE since August of 2012, and a director of the Company since April 2014. The Company also announced that its Board of Directors has named Nabil J. Lopez, currently the Company’s Senior Vice President and Controller, to replace Mr. Burford in the position of Chief Financial Officer. Mr. Lopez has been with the Company since September of 2012, and prior to DGSE served as Director of Financial Reporting and Internal Controls for Zale Corporation.

Foresight Energy LP (NYSE: FELP) [ST. LOUIS] announced that Oscar Martinez, Foresight’s Senior Vice President and Chief Financial Officer, will resign on November 13. His departure is part of the integration plan that combined the corporate functions of Foresight and Murray Energy Corporation resulting from the partnership formed earlier this year. Foresight also announced that James Murphy, Chief Accounting Officer, will assume the duties of Principal Financial Officer effective November 6.Yair Katz

MemorialCare Health System‘s Long Beach Memorial, Miller Children’s & Women’s Hospital Long Beach and Community Hospital Long Beach [LONG BEACH, Calif.] announced that Yair Katz has been named Chief Financial Officer. Katz was most recently Assistant Vice President and Associate University Controller for University of Southern California (USC), and will fill the position vacated by John Bishop, who became Chief Executive Officer of the three Long Beach hospitals in June.

Rogers Corporation (NYSE: ROG) [ROGERS, Conn.] announced that Vice President of Finance and Chief Financial Officer, David Mathieson, is retiring effective December 31, 2015.

Prestige Brands Holdings, Inc. (NYSE: PBH) [TARRYTOWN, N.Y] announced the appointment of David Marberger to the position of Chief Financial Officer for the Company. Mr. Marberger fills the CFO role formerly held by Ron Lombardi, who was named President and Chief Executive Officer on June 1, 2015. Mr. Marberger joins the company from Godiva Chocolatier, Inc., where he served as Senior Vice President and Chief Financial Officer for seven years. Prior to that, he held positions of increasing financial responsibility with Tasty Baking Company, where he served as Executive Vice President and Chief Financial Officer, and Campbell’s Soup Company, where he last held the position of Vice President, Finance, Food and Beverage Division.

SGI (NASDAQ: SGI) [MILPITAS, CA] announced that Robert J. Nikl, Chief Financial Officer (CFO) and Executive Vice President of Finance, will be retiring from SGI. Mr. Nikl has served as Executive Vice President of Finance and CFO since joining SGI in May of 2012. Nikl will continue in his CFO role until the filing of the company’s quarterly report on SEC Form 10-Q for the fiscal first quarter of 2016, and will serve in an advisory capacity through the end of the calendar year. Concurrently, the company announced the appointment of Mekonnen (Mack) Asrat to the position of Senior Vice President and CFO of SGI. Mr. Asrat currently serves as Vice President, Finance, Corporate Controller and Principal Accounting Officer of SGI and has been with the company since June 2012. Previously, he worked as Senior Director and Corporate Controller at Advantest America as well as at Verigy, Ltd. Prior to that, he held a variety of accounting and financial management roles with Agilent Technologies, Hewlett-Packard and Ernst & Young.

Uranium Energy Corp. (NYSE MKT: UEC) [CORPUS CHRISTI, TX] announced the appointment of Pat Obara, the Company’s current Vice President, Administration, as the Company’s interim Chief Financial Officer. Mr. Obara is replacing Mark Katsumata who is resigning to pursue other interests. Mr. Obara served as the Chief Financial Officer of UEC from August 2006 to January 2011.  Previously, Mr. Obara worked as a consultant to several private companies in the areas of corporate management, finance and administration.  Additionally, Mr. Obara has served as the Chief Financial Officer and a director of various public companies listed on the TSX Venture Exchange where he was involved in the restructuring, organizing and management of these companies which were involved in the resource and technology sectors.

A1 Group Inc. (OTC PINK: AWON) [FT. LAUDERDALE, FL] announced that Timothy Hart, CFO of TBG Holdings, will become CFO of A1 Group Inc.

Flushing Financial Corporation (NASDAQ: FFIC) [UNIONDALE, N.Y.]  the parent holding company for Flushing Bank announced that David Fry will retire as Senior Executive Vice President, Treasurer and Chief Financial Officer, effective February 5, 2016. Mr. Fry joined the Company as Controller in 1998, and has been Chief Financial Officer of the Company and the Bank since July 2004. Susan Cullen, who joined the Company as Executive Vice President and Chief Accounting Officer in 2015, will be named to succeed Mr. Fry as Chief Financial Officer and Treasurer, effective upon his retirement. Ms. Cullen was most recently an EVP/SEC Reporting and Investor Relations Officer at Hudson Valley Bank, which was acquired by Sterling Bancorp. Susan had joined Hudson Valley Bank in 2012 as an EVP/Chief Risk Officer, prior to which she was employed by Grant Thornton LLP as an Audit Partner specializing in financial institutions.

Monster Worldwide, Inc. [Weston, Mass.] announced that James M. Langrock has resigned as Executive Vice President and Chief Financial Officer. Michael B. McGuinness has been appointed as the Company’s Executive Vice President and Chief Financial Officer, effective October 29, 2015. Michael B. McGuinness served as the Company’s Senior Vice President, Chief Accounting Officer and Global Controller from February 2012 to October 2015 and as Vice President and Assistant Global Controller from July 2008 to January 2012. Prior to joining the Company, Mr. McGuinness served as the Director of Corporate Accounting at Verint Systems Inc. from March 2007 to July 2008. Prior to that, he was the Senior Manager of External Reporting and Technical Accounting at Symbol Technologies, Inc., from January 2004 to March 2007, and Manager of Internal Audit from 2002 to 2004.

Frequency Electronics, Inc. (NASDAQ: FEIM) [MITCHEL FIELD, N.Y.] announced that Alan Miller will step down as Secretary, Treasurer and Chief Financial Officer as of December 31, 2015.  From January 1, 2016, Mr. Miller will serve as the Company’s interim CFO until the appointment of a successor CFO.

STG, Inc. [RESTON, Va.] announced the appointment of Charles ‘Chuck’ Cosgrove as Chief Financial Officer (CFO). His appointment is effective from November 6, 2015. Most recently, Mr. Cosgrove was CFO with CRGT, Inc. Prior to his tenure with CRGT, Mr. Cosgrove was CFO of Comtech Mobile Datacom Corporation, and held senior positions with several government-focused public companies, including KBR, Affiliated Computer Services (ACS) and Planning Research Corporation (PRC).

CFO Moves – week ending November 6, 2015

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CFO Moves this week include:

Zynga Inc. Molson Coors Brewing Company 99 Cents Only Stores LLC
Crocs, Inc. PG&E Corporation LyondellBasell
Meadows Behavioral Healthcare The Partnership for Drug-Free Kids Invitae Corporation
NextDecade LLC Pristine Sun Getty Realty Corp.
TPG Specialty Lending, Inc. Tesla The Manitowoc Company, Inc.
Apollo Residential Mortgage, Inc. BioHiTech Global, Inc. Libertate Insurance
Kewaunee Scientific Corporation Brookdale Senior Living Inc. Markwins International
Asterias Biotherapeutics, Inc. WEX Inc. EnerBank USA
Calabrio Corporate Visions, Inc. PureSnax International, Inc.
ABILITY Network Winnick & Company Holly Energy Partners
Biota Pharmaceuticals, Inc. Warren Resources, Inc.

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.

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

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Zynga Inc. (NASDAQ: ZNGA) [SAN FRANCISCO] announced that its Chief Financial Officer David Lee is resigning as CFO and departing the company on December 11, 2015. Michelle Quejado, Zynga’s Chief Accounting Officer, will serve as interim CFO. Quejado joined Zynga in March 2015 as Vice President of Finance and Corporate Controller, and in June was appointed as Zynga’s Chief Accounting Officer. Prior to joining Zynga, Quejado held various financial roles at Lam Research Corporation, between 1999 and 2015, most recently serving as its Assistant Corporate Controller. Before joining Lam Research Corporation, Quejado was as an auditor for the United States Department of Defense from 1989 through 1998.David Heede

Molson Coors Brewing Company (NYSE: TAP; TSX: TPX) [DENVER & MONTREAL] announced that David Heede, currently Chief Financial Officer, Molson Coors Europe (MCE), has been appointed to the role of Chief Financial Officer, Molson Coors, on an interim basis, effective 16 November 2015. As interim Chief Financial Officer, Heede will sit on the Molson Coors Executive Leadership Team (ELT) until completion of the process to select a new permanent successor for Gavin Hattersley, CFO of Molson Coors and CEO of MillerCoors. Heede has held senior leadership positions with Molson Coors in Sales, Strategy, Finance and Procurement across more than 30 years’ experience with the organization. He was Finance Director on the UK Board of Molson Coors before taking up his current role as Chief Financial Officer, Molson Coors Europe, in 2013.

99 Cents Only Stores LLC [CITY OF COMMERCE, Calif.] announced that Felicia Thornton has been appointed as its Chief Financial Officer and Treasurer. Ms. Thornton’s appointment is part of a broader Operating Advisor agreement with Ares Management, L.P., the company’s majority shareholder. Interim CFO Michael Fung will continue in his position as a member of the company’s Board of Directors and will return to his position as head of the Board’s Audit Committee. Ms. Thornton served in senior leadership positions at DSM, Inc., Albertsons, and The Kroger Company. Most recently at DSM, Inc., she served as Co-Chief Executive Officer, President and Chief Operating Officer of the supermarket chain, and prior to that, she was Chief Executive Officer of Knowledge Universe U.S. At Albertsons, she served as Chief Financial Officer for over five years. For eight years prior to that, Ms. Thornton served in a variety of executive strategic and financial roles at Ralphs and Fred Meyer, both of which eventually became part of The Kroger Company, where she continued as Group Vice President responsible for retail operations.

Crocs, Inc. (NASDAQ: CROX) [NIWOT, COLORADO] announced that Carrie Teffner has been named executive vice president, chief financial officer of Crocs, Inc. and is expected to join the company on December 16, 2015. Teffner was appointed to Crocs’ board of directors in June 2015. Prior to joining Crocs’ board of directors, she served as executive vice president and chief financial officer for PetSmart. Prior to her position at PetSmart, Teffner served in the chief financial officer role for Weber-Stephen Products, and for Timberland. Teffner spent the first 21 years of her career in various business and leadership roles for Sara Lee Corporation. Mike Smith will continue to serve as interim CFO until Teffner joins the company in December.Jason Wells

PG&E Corporation [SAN FRANCISCO] announced the appointment of Jason P. Wells as Senior Vice President and Chief Financial Officer, effective January 1, 2016. Wells will succeed Kent Harvey, who is retiring in the first half of 2016 after 33 years with PG&E. To facilitate an effective transition, Wells will assume his new role on January 1, and Harvey will serve as Senior Vice President, Finance, for PG&E Corporation until his retirement. Currently, Wells is Vice President, Business Finance for Pacific Gas and Electric Company. Wells began his career at PricewaterhouseCoopers, LLC, where he led audit teams for a variety of energy and utility clients. In 2007, Wells joined PG&E as the director of technical accounting; he was promoted to senior director of corporate accounting and assistant controller in 2008. Wells was appointed to his current role in October 2011.

LyondellBasell (NYSE: LYB) [HOUSTON and LONDON] announced that Thomas Aebischer has been appointed Executive Vice President and Chief Financial Officer (CFO) effective Jan. 1, 2016. Mr. Aebischer joins LyondellBasell after having served in a variety of positions, including CFO, over a nearly 20-year career with Holcim. Holcim merged with Lafarge in 2015.

Meadows Behavioral Healthcare [WICKENBURG, AZ] announced that Kyle Wescoat has joined the company as its new Chief Financial Officer. He replaces Rick Flaherty who is retiring. Wescoat comes to the Meadows with more than 25 years of CFO experience in a variety of well-regarded public and private companies, including Emulex, VIZIO and Vans. He also has previous experience in the field of behavioral health as the former Executive Vice President and CFO of Aspen Education Group.

The Partnership for Drug-Free Kids [NEW YORK] welcomes Gina Samson as its new Chief Financial Officer. Most recently, Gina was the Director of Finance and Administration for Women Deliver, Inc. She has previously held top finance positions with Comprehensive Development, Inc.; National MS Society, Southern NY Chapter; and Draft – Foote, Cone & Belding.Christine Gorjanc

Invitae Corporation (NYSE: NVTA) [SAN FRANCISCO] announced the appointment of Christine M. Gorjanc to its Board of Directors. Christine currently serves as chief financial officer at NETGEAR, Inc.  Prior to joining NETGEAR as vice president of finance in November 2005, Ms. Gorjanc served as vice president, controller, treasurer, and assistant secretary for Aspect Communications Corporation, from September 1996 through November 2005. From October 1988 through September 1996, she served as the manager of tax for Tandem Computers, Inc. From June 1987 through October 1988, Ms. Gorjanc served as the manager of tax operations for Xidex Corporation.

NextDecade LLC [THE WOODLANDS, Texas] announced that Benjamin Atkins has joined NextDecade as its Chief Financial Officer (CFO). Prior to joining NextDecade, Atkins was a senior vice president with GE Capital for 10 years. Prior to his tenure at GE Capital, he served New York and Boston financial services clients at McKinsey & Co and worked as a risk manager in State Street Corporation’s Securities Finance division.

Pristine Sun [SAN FRANCISCO] announced that it has hired Doran Hole to serve as its new Chief Financial Officer. Mr. Hole comes to Pristine Sun from Deutsche Bank.

Getty Realty Corp. (NYSE: GTY) [JERICHO, N.Y.] announced that Christopher J. Constant, Vice President, Chief Financial Officer and Treasurer, has been selected by the Board of Directors to succeed as President and Chief Executive Officer as of December 31, 2015. Mr. Constant has served Getty in a number of capacities since he joined the Company in November 2010 as Director of Planning and Corporate Development. He was appointed Chief Financial Officer in December 2013 after previously being named Getty’s Treasurer (May 2012) and, more recently, Vice President (May 2013). Mr. Constant joined Getty from Morgan Joseph & Co. Inc. where he served as Vice President in the corporate finance department.

TPG Specialty Lending, Inc. (NYSE: TSLX) [NEW YORK] announced that Ian Simmonds will join the Company as Chief Financial Officer, effective November 30, 2015. Mr. Simmonds will succeed the Company’s Chief Operating Officer, Bob Ollwerther, who has assumed the role of Chief Financial Officer on an interim basis. Before joining TSLX, Mr. Simmonds spent over 10 years at Bank of America Merrill Lynch where he was most recently a Managing Director in the Financial Institutions Group, including as an advisor to TSLX for the past three years in that capacity.

Tesla (NASDAQ: TSLA) [PALO ALTO, CA] announced that Jason Wheeler will be Tesla’s next Chief Financial Officer. Jason joins Tesla after 13 years at Google Inc. where he was Vice President of Finance and led Google’s global finance function. Jason will replace Deepak Ahuja, who announced his intention to retire from Tesla earlier this year. Jason will assume his new role on November 30, 2015, with Deepak remaining at Tesla for the next few months to ensure a smooth transition.

The Manitowoc Company, Inc. (NYSE: MTW) [MANITOWOC, Wis.] announced that John O. Stewart has been appointed chief financial officer of Manitowoc Foodservice, Inc. Most recently, John Stewart was executive vice president, chief financial officer, and chief administrative officer of Hostess Brands, Inc. Prior to that, John was executive vice president and chief financial officer of Dr. Pepper Snapple Group Inc. Earlier in his career, John held various finance roles in North America and Europe in both the food and beverage divisions of Diageo PLC.

Apollo Residential Mortgage, Inc. (NYSE: AMTG) [NEW YORK] announced that it has appointed Gregory W. Hunt to the positions of Chief Financial Officer, Secretary and Treasurer of the Company, effective March 15, 2016. Mr. Hunt will assume these titles from Teresa Covello, who informed the Board of Directors of her resignation in September. Ms. Covello has agreed to work with Mr. Hunt to transition her responsibilities over the next several months. Mr. Hunt currently serves as the Chief Financial Officer and Treasurer of Apollo Investment Corporation (NASDAQ: AINV). Mr. Hunt will continue to serve as CFO and Treasurer of Apollo Investment when he assumes his roles at AMTG. Mr. Hunt began his term as Chief Financial Officer and Treasurer of Apollo Investment in May 2012. Previously, Mr. Hunt was Executive Vice President and Chief Financial Officer for Yankee Candle which he joined in April 2010. Prior to joining Yankee Candle, Mr. Hunt served as the Executive Vice President of Strategic and Commercial Development for Norwegian Cruise Lines from 2007 to 2009. Prior to joining Norwegian Cruise Lines, Mr. Hunt served as Chief Financial Officer and Chief Restructuring Officer of Tweeter Home Entertainment Group, Inc. from 2006 to 2007 and Chief Financial Officer and Co-Chief Executive of Syratech Corporation from 2001 to 2006. Prior to Syratech, Mr. Hunt held several senior financial leadership positions including Chief Financial Officer of NRT Inc., Culligan Water Technologies, Inc. and Samsonite Corporation. Mr. Hunt also serves as a Director of LogicSource, Inc. and as a member of the Board of Advisors for the University of Vermont School of Business.

BioHiTech Global, Inc. (OTC: BHTG) [CHESTNUT RIDGE, N.Y.] announced the appointment of Brian C. Essman as Chief Financial Officer. Essman has over 20 years of financial management experience, starting as a CPA with PricewaterhouseCoopers as a senior manager, followed by a CFO role at a Fidelity Capital (the Private equity arm of Fidelity Investments) portfolio company. He has held various executive level positions from 1997 through 2014 at several Havas operating companies, including most recently, the CEO of Data Communique.

Libertate Insurance [ORLANDO, Fla.] announced the addition of Ray Bailey as Chief Financial Officer. Ray worked for the Brown and Brown organization for eighteen years where he served numerous roles to include Operations Leader and Accounting Leader.

Kewaunee Scientific Corporation (NASDAQ: KEQU) [STATESVILLE, N.C.] announced that Thomas D. Hull III has joined the Company as Vice President of Finance and Chief Financial Officer.  In addition, Mr. Hull has been elected by the Board of Directors to the position of Secretary and Treasurer of the corporation.  Mr. Hull replaces D. Michael Parker, who recently retired from Kewaunee after 25 years of service. Mr. Hull held several management positions with Ernst & Young in Pittsburgh, Pennsylvania and Charlotte, North Carolina from 1998 through 2011.  Since 2011, he has been the Vice President of Finance, Accounting, and Information Technology with ATI Specialty Materials, in Charlotte, North Carolina.

Brookdale Senior Living Inc. (NYSE: BKD) [NASHVILLE, Tenn.] announced that Lucinda (Cindy) Baier will join the Company as its Chief Financial Officer. Ms. Baier is expected to start on December 1, 2015. As previously announced, Mark Ohlendorf, the Company’s President and Chief Financial Officer, will step down as Chief Financial Officer upon Ms. Baier’s joining the Company and will continue to serve in his role as President. Ms. Baier most recently served as Executive Vice President and Chief Financial Officer of Navigant Consulting, Inc. since March 2013.  Prior to that, she was Executive Vice President, Chief Financial Officer and Chief Administrative Officer of Central Parking System, Inc., having previously served as its Senior Vice President and Chief Financial Officer.  Ms. Baier also previously served as Executive Vice President and Chief Financial Officer of Movie Gallery, Inc. and as Chief Financial Officer of World Kitchen, LLC.  In addition, Ms. Baier serves as a member of the Board of Directors and Audit Committee of The Bon-Ton Stores, Inc.Leslie Hernandez

Markwins International [LOS ANGELES] announced the recent appointment of Leslie H. Hernandez, as Chief Financial Officer. Ms. Hernandez was promoted from her previous position as Markwins International Senior Vice President of Finance, a position that she held for the past three years. Prior to that, Ms. Hernandez served for eight years in a similar role for Physicians Formula. During her time at Physicians Formula, Ms. Hernandez also spent a year as Corporate Secretary on the Board of Directors, a role which resolved when the company was acquired by Markwins International in December of 2012.

Asterias Biotherapeutics, Inc. (NYSE MKT: AST) [MENLO PARK, Calif.] announced the appointment of Georgia Erbez to the position of Chief Financial Officer of the Company.  Ms. Erbez joins Asterias after serving as a financial consultant to numerous biotechnology companies and previously serving as Chief Financial Officer, Secretary, and Treasurer of Raptor Pharmaceutical Corp.  Ms. Erbez served as Raptor’s CFO, Secretary, and Treasurer from 2012 to 2014.  Prior to Raptor, Ms. Erbez was a Managing Director, Healthcare Investment Banking at Collins Stewart, a senior level investment banker at Beal Advisors, Jeffries & Company, Inc. and Cowen and Company.  She has also held positions of increasing responsibility at the investment banks Hambrecht & Quist and Alex, Brown & Sons Inc.

WEX Inc. (NYSE: WEX) [SOUTH PORTLAND, Maine] announced that Roberto Simon will be appointed chief financial officer, on or about February 26, 2016. Steve Elder, WEX’s current chief financial officer, will remain with WEX to assume the newly created position of senior vice president, investor relations. Mr. Simon joins WEX from Revlon, Inc., where he most recently served as executive vice president and chief financial officer. Prior to this role, Mr. Simon served as senior vice president, global finance, at Revlon. Mr. Simon joined Revlon as part of the Company’s acquisition of The Colomer Group, where he most recently served as chief financial officer and formerly held global leadership roles managing financial reporting and operations for the Americas, Africa, Ireland, Spain and the United Kingdom. Prior to joining The Colomer Group in 2002, Mr. Simon held various finance and accounting roles, including senior financial consultant at the Michael Page International Group.

EnerBank USA [SALT LAKE CITY] has named Charlie Knadler, current Executive Vice President and CFO of the Bank, as President and CEO to replace the incumbent who will retire at the end of the year. Knadler joined EnerBank in 2004 and has served as Executive Vice President and Chief Financial Officer since 2010. He previously served as Senior Vice President and Chief Credit Officer.

Calabrio [MINNEAPOLIS, MN] hired Theresa McGlothlen to serve as Chief Financial Officer (CFO). She previously served as CFO of Convey Compliance Systems, and prior to that served as CFO of Wizmo Inc.

Corporate Visions, Inc. [PLEASANTON, Calif.]  announced the appointment of Gloria Fan as CFO. Fan most recently served as CFO at ClearEdge Power, Inc. Prior to ClearEdge Power, she spent seven years in the solid-state lighting industry where she was CFO for both Pinecone Energies and Bridgelux. Previously, Fan spent seven years at UTStarcom as VP of finance and global business operations.

PureSnax International, Inc. (OTC PINK: PSNX) [WOODBRIDGE, NJ]  announced the appointment of Mark S. Engler as its new Chief Financial Officer (CFO). Mark began his career with the Internal Revenue Service Agency (IRS) as a Senior Field Revenue Agent. Since leaving the IRS in 1977, Mark has been in private practice using his knowledge and expertise to help his corporate clients navigate the stringent rules and regulations of corporate tax law.John Gappa

ABILITY Network [MINNEAPOLIS] announced that John A. Gappa has joined the organization as Executive Vice President and Chief Financial Officer. Prior to joining ABILITY, Gappa served as the Senior Vice President and CFO for MOM Brands Company. Gappa also served four years as Senior Vice President and CFO of Universal Hospital Services (UHS). Before that, Gappa served for nine years as SVP, CFO and General Manager of Red Line HealthCare Corporation. While at Red Line, Gappa also held the position of General Manager of the company’s Medicare billing division. He also held progressive financial and accounting management positions with The Pillsbury Company over nine years.

Pacific Capital Group and Winnick & Company [LOS ANGELES] announce that after 17 years of service, Gregg Ritchie has decided to retire.

Holly Energy Partners (NYSE: HEP) [DALLAS] announced Rich Voliva, previously Vice President, Corporate Development of Holly Logistic Services, L.L.C., was appointed as Vice President and Chief Financial Officer of HLS. Prior to joining HLS in April 2014, Mr. Voliva worked as an analyst in the institutional investment business in the energy sector, and prior to that as Vice President, Energy Equity Research for Deutsche Bank Securities in New York, NY.

Biota Pharmaceuticals, Inc. (NASDAQ: BOTA) [ATLANTA, GA] announced the appointment of Mark P. Colonnese as Executive Vice President and Chief Financial Officer. Prior to joining Biota, Mark was Chief Financial Officer (CFO) of Stealth BioTherapeutics, Inc. Previously, Mark served as Executive Vice President (EVP) and CFO at Transgenomic. He has also served as EVP, commercial operations and CFO at AtheroGenics. Mark has also held a number of executive and management positions at Schering-Plough Corporation.

Warren Resources, Inc. (NASDAQ: WRES) [DENVER] announced the appointment of Brian Gelman as Interim Chief Financial Officer. Stewart P. Skelly, the current Vice President and Chief Financial Officer, has resigned, in order to pursue other opportunities in connection with the relocation of his family to Ireland. Mr. Gelman served as Warren’s Controller immediately prior to his appointment as Interim CFO and has been with the Company in various financial and accounting roles since 2002. From 1998 to 2002, Mr. Gelman was an audit senior with Eisner LLP.

CFO Moves – week ending November 13, 2015

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CFO Moves this week include:

CUNA Mutual Group Hertz Global Holdings Schweitzer-Mauduit International, Inc.
Bevolution Group Workfront Essendant Inc.
LILEE Systems New Jersey Resources Checkpoint Systems, Inc.
Acadia Realty Trust Regency Centers Corporation Acendre
Banc of California, Inc. Unwired Planet, Inc. HomeServe USA
InterLinc Mortgage Services, LLC Dana Holding Corporation Rogers Corporation
Sterling Construction Company, Inc. Advanced Drainage Systems, Inc. Glassdoor
SYSPRO P+R Architects Roka Bioscience, Inc.
The Middleby Corporation Xplore Technologies Corp. Syntel, Inc.
Analogic Corporation RealMassive MELA Sciences, Inc.
America’s Test Kitchen Azure Midstream Energy, LLC American Gilsonite Company, Inc.
Dynasil Corporation of America WSFS Financial Corporation Pegasystems Inc.
StarTek, Inc.

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

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CUNA Mutual Group [MADISON, Wis.] announced that Tom Merfeld has been named chief financial officer. Merfeld joined the company in 1994 and most recently served as the company’s chief market risk officer. He will replace Alastair Shore who held the role since 2012. Before joining, Merfeld served as the chief financial officer for Savers Life Insurance Company in Kansas City, Mo., as an investment analyst for Franklin Savings Association in Ottawa, Kan., and as an assistant economist for the Federal Reserve Bank in Kansas City, Mo.

Hertz Global Holdings (NYSE: HTZ) [ESTERO, Fla] announced that its Barbara Brasier has joined Hertz Equipment Rental Corporation (HERC) as Senior Vice President and Chief Financial Officer. Brasier was previously Senior Vice President, Tax and Treasury, for Mondelez International, Inc.

Schweitzer-Mauduit International, Inc. (NYSE: SWM) [ALPHARETTA, GA ] announced that Allison Aden has joined the company as Executive Vice President, Finance and Chief Financial Officer. Most recently, Ms. Aden served as Executive Vice President and Chief Financial Officer at Americold. She also held the Chief Financial Officer role at Recall.

Bevolution Group [CHICAGO, Ill] announced the appointment of David Prill as Chief Financial Officer. Mr. Prill has over 20 years of leadership experience and has held positions as Chief Financial Officer in companies such as Mistica Foods, LLC, Quantum Foods, as well as Vice President of Finance LLC in Agri-Best Holdings LLC and Specialty Foods Group, Inc.Pete Childs

Workfront [SILICON SLOPES, Utah] announced Pete Childs joined the company as its new Chief Financial Officer and a member of the executive leadership team. Prior to Workfront, Childs was the Chief Financial Officer at Cvent. Childs also held leadership positions at HCR ManorCare and Towers Watson.

Essendant Inc. (NASDAQ: ESND) [DEERFIELD, Ill] appointed Earl Shanks as Chief Financial Officer. Mr. Shanks currently serves as a director of Verint, and has previously served as the chief financial officer at Convergys Corporation, from 2003 to 2012. Prior to that, Mr. Shanks held various financial leadership roles with NCR Corporation from 2001 to 2003. In addition, Mr. Shanks previously served as the vice president and treasurer of Farley Industries and Fruit of the Loom Inc.

LILEE Systems [SAN JOSE, CA] announced that Karen Willem has joined the company as Chief Financial Officer. Karen joins LILEE Systems from iPass, where she was CFO. Prior to iPass, she was CFO of Xsigo Systems. Karen held executive management positions at Openwave Systems, Cassatt Corporation and Brio Software IPO.

New Jersey Resources (NYSE: NJR) [WALL, N.J.] announced the promotion of Patrick Migliaccio as Senior Vice President and Chief Financial Officer effective January 1, 2016. He joined NJR as Controller of Unregulated Operations in April 2009. He was named Corporate Controller in January 2012 and Treasurer in August 2013. He joined New Jersey Natural Gas (NJNG) as a Management Engineer in 1989, and has held the position of Vice President of Marketing and Energy Efficiency since July 2007. Previously, he also served as Treasurer of NJNG, Vice President of Corporate Strategy and President of NJR Home Services.

Checkpoint Systems, Inc. (NYSE: CKP) [THOROFARE, N.J.] announced the appointment of James M. Lucania as Senior Vice President, Chief Financial Officer and Treasurer. Lucania has been Acting Chief Financial Officer since March 19, 2015. Previously, Mr. Lucania served as Vice President of Finance and Treasurer of the Company since 2012. Prior to joining the Company, he worked at Miller Buckfire, where he served most recently as a Vice President.

Acadia Realty Trust (NYSE:AKR) [RYE, N.Y.] announced that Jon Grisham, the Company’s Senior Vice President and Chief Financial Officer, plans to retire next year in calendar 2016 to launch the next phase of his life, after a successful career spanning 36 years, including service in the United States Navy, public accounting and the last 22 years at Acadia.

Regency Centers Corporation (NYSE:REG) [JACKSONVILLE, Fla.] reorganized its senior executive management team, with Lisa Palmer to serve as President, directing acquisitions and dispositions, in addition to her responsibilities as Chief Financial Officer which shall become effective January 1, 2016. Lisa has performed multiple key roles with the company for nearly 20 years.

Acendre [ARLINGTON, Va.] (formerly known as NGA.NET) announced Josh Steele as Chief Financial Officer, following a highly successful background in scaling mid-cap organizations for the past 20 years. Prior to joining Acendre, Josh served in a number of executive leadership and strategic advisory roles through his consulting practice, Flywheel Associates. Prior to that he served as the Vice President of Financial Planning and Analysis at Rosetta Stone and Vice President of FP&A and Treasurer of MicroStrategy.

Banc of California, Inc. (NYSE: BANC) [IRVINE, Calif.] announced the promotion of James McKinney to Chief Financial Officer. Mr. McKinney previously served as the Company’s Chief Accounting Officer. Before joining the Company, Mr. McKinney served as Vice President, Controller and Principal Accounting Officer at International Lease Finance Corporation (ILFC). Previously he held positions at RBS Asset Finance, KPMG and the Federal Reserve Bank of Chicago.

Unwired Planet, Inc. (NASDAQ: UPIP) [LOS ALTOS, Calif.] announced the appointment of Jim Wheat as chief financial officer. Mr. Wheat joins Unwired Planet from ASSIA, Inc., where he served as chief financial officer since 2013. Prior to serving as CFO at ASSIA, Inc., Mr. Wheat was chief financial officer with Silicon Graphics (formerly Rackable Systems) from 2008-2012. He has more than 30 years of experience with companies such as Lam Research, Raychem Corporation and Honeywell.

HomeServe USA [NORWALK, Conn.] announced the recent appointment of Rich Gannon as Chief Financial Officer. For the past two years Gannon served as Chief Operating Officer for Consumer Reports and prior to that he was the company’s Chief Financial Officer for ten years. Before joining Consumer Reports in 2003, Gannon held a series of senior leadership positions at Gartner Inc., with executive roles including Chief Operating Officer for Research & Advisory Services, North America Chief Financial Officer and Corporate Controller.

InterLinc Mortgage Services, LLC [HOUSTON, TX] announced the appointment of David Scheiderich as Executive Vice President & Chief Financial Officer. Mr. Scheiderich was most recently the Sr. Vice President & Director of Accounting for Houston-based Envoy Mortgage.

Dana Holding Corporation (NYSE: DAN) [MAUMEE, Ohio] has appointed Rodney R. Filcek, Dana’s current senior vice president and chief accounting officer, to serve as interim chief financial officer, in addition to his current role.  His appointment is effective Dec. 1, 2015. Mr. Filcek has served in his current role since May 2011.  From January 2005 to May 2011, he served as Dana’s vice president of finance. Mr. Filcek joined Dana in 1987 as corporate accounting manager for its former commercial credit unit and has served in various financial management positions throughout nearly three decades with the company.

Rogers Corporation (NYSE: ROG) [ROGERS, Conn] announced that Janice Stipp has been appointed the Company’s new Chief Financial Officer. Stipp brings more than 29 years of financial leadership to Rogers, including 10 years in CFO roles, most recently, she served as Executive Vice President, CFO and Treasurer at Tecumseh Products Company. Prior to that, she spent 13 years with General Motors.

Sterling Construction Company, Inc. (NasdaqGS: STRL) [THE WOODLANDS, Texas] announced that Ronald A. Ballschmiede has been named Executive Vice President & Chief Financial Officer. Mr. Ballschmiede brings nearly 40 years of accounting and financial management experience to Sterling, most recently with Chicago Bridge & Iron (NYSE: CBI) where he served as Executive Vice President and Chief Financial Officer from June 2006 to March 2015. Prior to joining CB&I, Ron was a Partner with Deloitte & Touche LLP, joining the firm in 2002. Previously, he had been with Arthur Andersen since 1977, becoming a Partner in 1989.

Advanced Drainage Systems, Inc. (NYSE:WMS) [HILLIARD, Ohio] appointed Scott A. Cottrill as the Company’s Chief Financial Officer. Cottrill most recently held the position of Executive Vice President and Chief Financial Officer at Jeld-Wen. Prior to Jeld-Wen, Mr. Cottrill held various financial and accounting positions with Goodrich Corporation, including from 2005 to 2012 the positions of Vice President, Controller and Chief Accounting Officer.

SYSPRO USA [COSTA MESA, Calif.] hired Doug Garnhart to fill the CFO position.

P+R Architects [LONG BEACH, CA] appointed Ian Denny as CFO. Ian Denny joins P+R from Deltek where he served most recently as Director of Data Services.

Roka Bioscience, Inc. (NASDAQ: ROKA) [WARREN, N.J.] announced the appointment of Lars Boesgaard as Vice President and Chief Financial Officer.  Mr. Boesgaard, who joined Roka in 2009 and currently serves as Vice President, Finance and Controller, succeeds Steven Sobieski. Boesgaard joined Roka in October 2009 as Controller and was promoted to Vice President, Finance in January 2012.  Previously from 2007 to 2009, Mr. Boesgaard served as Vice President, Finance at Insulet Corporation.  From 2004 to 2007, he was Senior Director, Financial Services at Alexion Pharmaceuticals, Inc.  From 2000 to 2004, Mr. Boesgaard served in various financial roles at The Nielsen Company.  From 1995 to 2000, he served in various financial roles at Novo Nordisk A/S.

Xplore Technologies Corp. (NASDAQ: XPLR) [AUSTIN, Texas] announced it has appointed Tom Wilkinson as CFO. Wilkinson has been Xplore’s acting interim CFO since August 2015. Wilkinson was a founding partner of PMB Helin Donovan and left the firm as Managing Partner in December 2013, after twelve years. He left PMB Helin Donovan to become CFO of Amherst Holdings. Prior to co-founding PMB Helin Donovan, Wilkinson worked for Dell and then as CFO of Credit Suisse First Boston subsidiary Calmco Servicing.

Syntel, Inc. (NASDAQ: SYNT) [TROY, Mich] announced the upcoming retirement of the Company’s Chief Financial Officer, Arvind Godbole. Syntel’s General Manager of Finance, Anil Agrawal, will serve as acting CFO while the search for a permanent replacement for Mr. Godbole takes place. Mr. Agrawal joined Syntel in 2001 and served as Head of Finance for Syntel’s India operations from 2007 to 2011, and as Head of Corporate Financial Planning and Analytics since 2012.

Analogic Corporation (NASDAQ: ALOG) [PEABODY, Mass.] announced the appointment of Mark Frost as senior vice president, chief financial officer and treasurer, effective November 30, 2015. Mark comes to Analogic from AngioDynamics where he served as executive vice president and chief financial officer since 2012. Before that, he was senior vice president of administration and chief financial officer of Albany Molecular Research Incorporated. Prior to joining AMRI in 2004, Mark held various financial roles at Smith+Nephew and General Electric.

MELA Sciences, Inc. (NASDAQ:MELA) [HORSHAM, Pa.] announced that Christina L. Allgeier has been promoted to the post of Chief Financial Officer of MELA Sciences, Inc. Ms. Allgeier joined MELA as a result of the recent acquisition of the XTRAC and VTRAC business. Ms. Allgeier has over 15 years of experience in the medical laser field. She replaces Robert Cook.

America’s Test Kitchen [BROOKLINE, MA] announced that Jackie McCauley Ford will join the company on Dec. 1, as Chief Financial Officer. Ford joins America’s Test Kitchen after serving as a Director of Corporate Finance Group, Inc., a financial consulting firm in Boston.

Azure Midstream Energy, LLC (NYSE: AZUR) [DALLAS, TX] announced that Mandy Bush, Azure’s VP of Strategic Planning and Human Resources will be stepping up to be interim CFO, after Eric Kalamaras is stepping down. Mandy has previously served as CFO for Marlin Midstream Partners, LP.

StarTek, Inc. (NYSE: SRT) [GREENWOOD VILLAGE, Colo] appointed Don Norsworthy as senior vice president, chief financial officer and treasurer. Norsworthy succeeds Lisa Weaver. Norsworthy joins STARTEK after serving as CFO and executive vice president of ACCENT Marketing Services, which was acquired by STARTEK in May 2015. Prior to ACCENT, Norsworthy held several CFO positions of CKS Packaging, Integrity Solution Services and Portrait Corporation of America. Norsworthy also served as president and CEO of Protocal Global Solutions.

American Gilsonite Company, Inc. [BONANZA, Utah] announced that Steven Granda succeeds Doug Maughan as CFO. Mr. Granda previously served as CFO at Charter Chemical Company in Houston, Texas, and he served as CFO and Vice President for Business Development at Green Earth Fuels in Houston prior to his time at Charter Chemical.

Dynasil Corporation of America (NASDAQ: DYSL) [NEWTON, Mass] announced Robert J. Bowdring, the Company’s current corporate controller, will assume the CFO position on February 1, 2016, succeeding Thomas C. Leonard. Prior to joining Dynasil, Mr. Bowdring served as the CFO for INVO Bioscience, from 2008 until 2013, where he continues as a member of the Board of Directors. He also served CFO of Cyphermint, Inc. from 2003 to 2008, and as Vice President and Corporate Controller for Lifeline Systems from 1989 to 2003.  Prior to 1989, Mr. Bowdring held positions of increasing responsibility at Remanco, Inc., Warburton’s Inc., Cyborg Corporation, and Technogenics, Inc.

WSFS Financial Corporation (NASDAQ: WSFS) [WILMINGTON, Del.] the parent company of WSFS Bank, announced that Kevin L. Thompson will join the company as Executive Vice President and Chief Financial Officer effective December 7, 2015. Mr. Thompson most recently served as Senior Vice President in Corporate Finance at Zions Bancorporation and prior to that served as Chief Financial Officer and Treasurer of American Express Centurion Bank. Prior to joining American Express Centurion Bank, Mr. Thompson relocated to Buenos Aires, Argentina to serve as the Latin American Controller for AgReserves Inc.

CFO Moves – week ending November 20, 2015

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CFO Moves this week include:

ADTRAN, Inc. Microline Surgical Peoples Bancorp Inc.
Limelight Networks, Inc. Trion Solutions, Inc. BioTime, Inc.
The Priceline Group Shorr Packaging Corp. Seegrid
EndoGastric Solutions NantKwest, Inc. Spectralink Corporation
Scientific Games Corporation Synergy Pharmaceuticals Inc. Bracket
Impossible Foods, Inc. Lantronix, Inc. Clutch
Accuride Corporation The WhiteWave Foods Company Hanmi Financial Corporation
CoStar Group, Inc. Francesca’s Holdings Corporation  

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Should you have any CFO Moves to report, please email us.

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

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ADTRAN, Inc. (NASDAQ: ADTN) [HUNTSVILLE, Ala.] announced it has appointed Roger D. Shannon as its senior vice president of finance and chief financial officer (CFO). Prior to joining ADTRAN, Shannon served as CFO and treasurer at Steel Technologies LLC, a subsidiary of Mitsui & Co., Ltd. and Nucor Corporation since July 2006, also serving as its principal accounting officer. Prior to his nine-year tenure at Steel Technologies, Shannon directed global treasury for Brown-Forman Corporation.

Microline Surgical [Beverly, MA] announced the appointment of Joseph Falcao as Chief Financial Officer. Prior to joining Microline Surgical, Joe worked for several well-known Boston companies including; Cabot Corporation, Dunkin Brands, Invensys, iBasis and McCue.

Peoples Bancorp Inc. (NASDAQ: PEBO) [MARIETTA, Ohio] announced the appointment of John C. Rogers to the position of Executive Vice President, Chief Financial Officer and Treasurer of Peoples and its banking subsidiary, Peoples Bank, National Association (“Peoples Bank”), effective November 30, 2015. Rogers worked most recently for PNC Financial Services Group, Inc. in Pittsburgh, Pennsylvania, from 2001 until October of 2015. He served as Risk Executive from 2011 to 2015. From 2003 to 2011, he served as Executive Vice President and Chief Financial Officer, Retail Business Banking, and from 2001 to 2002 he served as Vice President and Chief Financial Officer, Consumer Lending. Rogers replaces Edward G. Sloane who resigned in order to pursue other career opportunities.

Limelight Networks, Inc. (NASDAQ: LLNW) [TEMPE, Ariz.] announced that Pete Perrone has informed the company of his intent to resign his duties as chief financial officer effective December 4, 2015. Sajid Malhotra, Limelight’s chief strategy officer, has been named interim CFO, effective December 4, 2015. Mr. Malhotra joined the company in April 2014 as the senior vice president in charge of strategy, facilities, investor relations and procurement. He was promoted to chief strategy officer in June 2015.

Trion Solutions, Inc. [TROY, Mich.] has named Andrew W. Kirk as Executive Vice President and Chief Financial Officer. Prior to joining Trion, Kirk served as an advisor to nonprofit firms, and emerging businesses. Kirk previously served as President of the Michigan-based Belle Tire Distributors, Inc.

BioTime, Inc. (NYSE MKT and TASE: BTX) [ALAMEDA, Calif.] announced that the Company’s Board of Directors has appointed Russell Skibsted to the position of Chief Financial Officer, succeeding Robert Peabody. Prior to joining the BioTime team, Russell was CFO at Proove Biosciences. Previously he was Senior Vice President, CFO, and Secretary of Aeolus Pharmaceuticals. He also served as SVP and Chief Business Officer of Spectrum Pharmaceuticals. Earlier in his career, Mr. Skibsted was Partner and CFO at Asset Management Company. 

The Priceline Group (NASDAQ: PCLN) [NORWALK, Conn.] announced that Christa Quarles has been named Chief Executive Officer of OpenTable. Quarles has served as the Chief Financial Officer of OpenTable since May 2015 and as interim CEO since September of 2015 when former CEO Matt Roberts moved into the role of Chairman, OpenTable. Prior to joining OpenTable in 2015, Quarles served as the Chief Business Officer for Nextdoor. Previously, she served as the SVP and General Manager at Disney where she led the Mobile and Social Games divisions within Disney Interactive.

Shorr Packaging Corp. [AURORA, Ill.] announced the promotion of Kevin Vrba to Chief Financial Officer (CFO). Vrba began working at Shorr as the Controller in March 2014.  Prior to that, he held senior finance roles at Coopers Hawk, TopGolf, and Bar Louie, after spending 12 years in public accounting at Crowe Horwath.

Seegrid [PITTSBURGH, Pa.] announced it has appointed Ed Henry to serve as the company’s Chief Financial Officer. He previously served as Chief Financial Officer at Vista Resources, Inc., and as Director of Finance at Thermo Fisher Scientific before joining the company.

EndoGastric Solutions [REDMOND, Wash.] announced that Michael K. Burke has been named Chief Financial Officer. He most recently served as Senior Vice President and Chief Financial Officer of Landauer, Inc. Prior to this, he was the Senior Vice President and Chief Financial Officer of Albany International Corp., and as the Executive Vice President and Chief Financial Officer of Intermagnetics General Corporation.

NantKwest, Inc. (NASDAQ: NK) [CULVER CITY, Calif.] announced the appointment of Angela Wilson as chief financial officer (CFO). Wilson first joined NantKwest in October 2015 as vice president, finance. Previously, Wilson served as vice president, finance and controller for Virgin Galactic. She began her professional career and served for 18 years with Ernst & Young (EY).

Spectralink Corporation [BOULDER, CO] announced that Casey Hofmann has joined the company’s management team as Chief Financial Officer. Prior to joining Spectralink, Casey served as CFO for Sun Capital Partners portfolio company American Recreation Products LLC and its newly formed entity, Exxel Outdoors LLC. Earlier she held various other CFO and financial management positions for technology manufacturing and consumer products companies.

Scientific Games Corporation (NASDAQ: SGMS) [LAS VEGAS] announced that Scott D. Schweinfurth, Executive Vice President, Chief Financial Officer and Corporate Secretary, will be retiring from the Company.

Synergy Pharmaceuticals Inc. (NASDAQ: SGYP) [NEW YORK] announced that Gary Sender has joined the company as Executive Vice President and Chief Financial Officer. Gary Sender previously served as Senior Vice President, Finance, of Shire plc. Prior to joining Shire, he was the founding CFO of Tengion. Before that he spent 15 years in a number of leadership roles within Merck.

Bracket [WAYNE, Pa.] announced the addition of J. Matthew Bond as Chief Financial Officer. Most recently, Matt co-founded and served as the CFO of Aptiv Solutions. Previously, Matt was Executive Vice President and CFO of a global, growth oriented CRO.

Impossible Foods, Inc. [REDWOOD CITY, Calif.] announced today that David Lee will become the company’s new Chief Operating Officer and Chief Financial Officer. Lee served most recently as CFO of Zynga. Prior to that he served as the Senior Vice President of Enterprise Finance for Best Buy. During his eight years at Del Monte, he held several leadership positions across finance and general management including Senior Vice President of Strategy, and earlier served as Senior Vice President of Consumer Products.

Lantronix, Inc. (NASDAQ: LTRX) [IRVINE, CA.] announced that Chief Financial Officer Jeremy Whitaker has been appointed interim chief executive officer of the company. Whitaker will continue to serve as chief financial officer of the company, a position he has held since September 2011. Before joining the company as chief financial officer, he served as vice president, corporate controller at Mindspeed Technologies from January 2011 to September 2011. Prior to that, Whitaker served in a number of finance and accounting roles at Lantronix from August 2005 to January 2011, including as vice president of finance and accounting, senior director of finance, and director of finance and accounting.

Clutch [PHILADELPHIA] recently brought on Mark S. Pollock as the company’s Chief Financial Officer. Prior to joining Clutch, Pollock spent three years with MNG Direct. Prior to that he worked for an array of start-up, growth, and turnaround companies like Portico, Avanceon, and Vertical Alliance.

Accuride Corporation (NYSE: ACW) [EVANSVILLE, Ind.] announced that Michael A. Hajost will join Accuride as Senior Vice President and Chief Financial Officer. Michael previously served as Vice President, Treasury and Investor Relations for Carpenter Technology Corp. Previously, he had served as Vice President, Treasurer JBS Swift & Company of Greeley, Colo. He began his corporate career with Eli Lilly and Company of Indianapolis, Ind., after completing five years of service as an officer in the U.S. Army.

The WhiteWave Foods Company (NYSE: WWAV) [DENVER, Colo.] announced that Chief Financial Officer Kelly Haecker has decided to leave the company effective March 31, 2016, to spend more personal time with his family. Haecker will ensure a smooth transition of his responsibilities to Greg Christenson, who will be promoted to Executive Vice President, Chief Financial Officer of WhiteWave, effective April 1, 2016. Christenson  has served as Senior Vice President and Chief Financial Officer, Americas Foods & Beverages since June 2013. Prior to joining WhiteWave, Christenson was Vice President and Chief Financial Officer of Oberto Brands, from January 2011 to June 2013. Before that Christenson spent 14 years at Kraft Foods, Inc., most recently as Director of Finance, Cheese.

Hanmi Financial Corporation [Delaware] reported that Romolo “Ron” C. Santarosa was appointed Senior Executive Vice President and Chief Financial Officer of the Company and the Bank. Mr. Santarosa has served as Senior Executive Vice President, Corporate Finance and Strategy of the Company and the Bank since June 8, 2015. Most recently, from June 2013 – June 2015, he was Executive Vice President and Chief Operating Officer at Opus Bank. Before that he served as the Senior Executive Vice President, Chief Financial Officer and Chief Operating Officer at First California Financial Group, Inc. and its bank subsidiary, First California Bank, from November 2002 to May 2013.

CoStar Group, Inc. (NASDAQ: CSGP) [Washington, DC] announced the appointment of Scott Wheeler as Chief Financial Officer of the Company effective January 11, 2016. Wheeler, has served in various roles with Experian since 2006, including his most recent role of Chief Financial Officer – Experian North America and Global Technology Services. From 2008 through 2012, Mr. Wheeler served as Chief Financial Officer – Experian North America; Director – SalesShare and Innovation. From 2006 through 2007, Mr. Wheeler served as Chief Financial Officer – Experian Americas. Mr. Wheeler comes to CoStar with thirty years of financial and leadership experience, including ten years with Deloitte & Touche, LLP.

Francesca’s Holdings Corporation (NASDAQ: FRAN) [HOUSTON] announced that its Chief Financial Officer, Mark Vendetti, has resigned. Cindy Thomassee, Francesca’s® current VP of Accounting, has been appointed to the role of Interim CFO.

CFO Moves – week ending November 27, 2015

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CFO Moves this week include:

Politico Owens-Illinois Alcoa
SRS Distribution Calabrio Medea, Inc.
CEC Entertainment, Inc. AK Steel SOCi
LifeMap Solutions Copart, Inc. InvenTrust Properties Corp.
Agree Realty Corporation Prime Risk Partners Lee Company
SolarCity Corporation C Technologies Holdings, Inc. Array BioPharma Inc.
TCF Financial Corporation Imation Corp. Natcore Technology Inc.

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

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Politico (Arlington, VA) named Vinay Mehra as Executive Vice President and Chief Financial Officer. Previously, Mehra served as Chief Financial Officer and Treasurer of the PBS/NPR media organization WGBH. Earlier in his career, Mehra spent eight years in operating roles as a Principal with Zero Stage Capital.  He began his professional career and served for ten years with PwC.

Owens-Illinois (NYSE: OI) [Perrysburg, Ohio] announced the appointment of Jan Bertsch as Senior Vice President and Chief Financial Officer. Most recently, Bertsch served as Executive Vice President and Chief Financial Officer for Sigma-Aldrich. Prior to joining Sigma-Aldrich in 2012, Bertsch was Vice President, Controller and Principal Accounting Officer at BorgWarner. She also spent nearly 30 years at Chrysler LLC and Ford Motor Company in various roles of increasing responsibility in Finance, Treasury and Information Technology. She also serves on the BWX Technologies, Inc. Board of Directors.

Alcoa (NYSE: AA) [NEW YORK] announced William Oplinger, Executive Vice President and Chief Financial Officer of Alcoa, will serve as the Upstream Company’s Chief Financial Officer.

SRS Distribution [McKinney, TX] announced that Jeff Richard was appointed Chief Financial Officer in October 2015. Prior to joining SRS he most recently served as Executive Vice President and Chief Financial Officer at Checkpoint Systems. Before Checkpoint, Jeff was the EVP/CFO of Safety-Kleen Systems from 2010 to 2013. From 2006 to 2010, Mr. Richard served as Chief Operating Officer and Chief Financial Officer at Pavestone Company. Previously, Mr. Richard was Vice President of Financial Planning & Analysis at Electronic Data Systems Corp; and Chief Financial Officer and Vice President of Americas Operations at Jacuzzi, Inc. Earlier in his career he worked as Chief Financial Officer at Tyco International Ltd.

Calabrio [MINNEAPOLIS] hired veteran finance executive Theresa McGlothlen to serve as Chief Financial Officer. She previously served as CFO of Convey Compliance Systems, and prior to that served as CFO of Wizmo Inc.

Medea, Inc. [Pleasanton, CA] announced the appointment of David Largen as Senior Vice President and Chief Financial Officer.  Mr. Largen was most recently with Steelwedge, Inc. where he served as Chief Financial Officer. His background also includes global operational, planning and accounting roles at Salesforce.com, PeopleSoft, Inc. and Ernst & Young, LLP.

CEC Entertainment, Inc. [IRVING, Texas] announced the appointment of Dale Black as Chief Financial Officer. He recently served as CFO of Great Wolf Lodge. Before Great Wolf, Mr. Black’s experience includes CFO roles at Isle of Capri Casinos, Trump Entertainment Resorts, and Argosy Gaming. Mr. Black will replace Temple Weiss, who will be pursuing other opportunities outside CEC.

AK Steel (NYSE: AKS) [WEST CHESTER, Ohio] announced that Jaime Vasquez has been named Vice President, Finance and Chief Financial Officer, effective January 1, 2016. Prior to joining AK Steel, he was Vice President, Chief Financial Officer for the Performance Engineered Products Group of Carpenter Technology Corporation. Mr. Vasquez also previously held positions as:  Vice President, Treasurer and Investor Relations for Pillowtex Corporation; Assistant Treasurer and Investor Relations at Guilford Mills, Inc; Research Analyst for the bank GZ-Vienna; and Credit Analyst in Corporate Banking for Credit Suisse.

SOCi [SAN DIEGO] announced the hiring of Michael Massey as the company’s new Chief Financial Officer. Massey joins SOCi’s having served as Chief Financial Officer for iMatrix. From 1998 until 2009, Massey served as Assistant VP of Operations for Premier Dealer, a subsidiary of public company Great America Insurance. From 1988 until 1998, Massey held a series of senior finance and management positions.

LifeMap Solutions [SAN JOSE, Calif] announced the appointment of Robert W. Peabody as Chief Financial Officer. Mr. Peabody brings over 30 years of early stage company experience to LifeMap Solutions, having participated in the founding of Geron Corporation, Ocata Therapeutics, Inc. and Asterias Therapeutics, Inc.

Copart, Inc. (NASDAQ:CPRT) [DALLAS, TX] announced the appointment of Jeffrey Liaw as Senior Vice President of Finance and Chief Financial Officer, effective January 4, 2016. Mr. Liaw has served as the Chief Financial Officer of FleetPride, Inc., since January 2013. From August 2005 to December 2012, he was a principal of TPG Capital Management, L.P.

InvenTrust Properties Corp. [OAK BROOK, Ill] announced that Michael E. Podboy, current Executive Vice President – Chief Investment Officer of InvenTrust, has been appointed Executive Vice President – Chief Financial Officer, Chief Investment Officer and Treasurer. Mr. Podboy has served in his current role since March 12, 2014.  Prior to joining the company, Mr. Podboy worked in the field of public accounting and was a senior manager in the real estate division for KPMG LLP.

Agree Realty Corporation (NYSE: ADC) [BLOOMFIELD HILLS, Mich.] announced the appointment of Matthew M. Partridge as Executive Vice President, Secretary and Chief Financial Officer, effective January 11, 2016. Mr. Partridge currently serves as Vice President of Finance at Pebblebrook Hotel Trust.  Prior to joining Pebblebrook Hotel Trust, Mr. Partridge held positions at Phillips Edison & Company and at Huron Consulting Group.

Prime Risk Partners [ATLANTA] announced that Robert (Bob) Schneider has joined the company as Executive Vice President and Chief Financial Officer. Bob has held senior financial executive roles, including CFO, at Ascension Insurance, Inc., USI Holdings, Inc., Anthem, Inc. and Acordia, Inc. amongst others.

Lee Company [NASHVILLE, TN] announced the appointment of Rob Ivy as Chief Financial Officer following previous CFO Roy Osborne’s retirement. Ivy comes to Lee Company after serving as CFO of the YMCA of Middle Tennessee since November 2010.

SolarCity Corporation (NASDAQ: SCTY) [SAN MATEO, Calif.] announced that CFO Brad Buss plans to retire in 2016. Buss will remain as CFO through the completion of SolarCity’s financial reporting for the fiscal year 2015—expected in early February—and will remain in an advisory role until later in 2016 to ensure a smooth transition.

Array BioPharma Inc. [Boulder, Colorado] announced that Patricia Henahan notified Array that she will be resigning as Chief Financial Officer of Array, and the company announced the appointment David Horin as interim CFO effective November 19, 2015. Mr. Horin served as Array’s interim Chief Financial Officer from February 2015 until September 2015 and has served as a Managing Partner of Chord since June 2012. From March 2008 to June 2012, Mr. Horin was the Chief Financial Officer of Rodman & Renshaw Capital Group, Inc. From March 2003 through March 2008, Mr. Horin was the Chief Accounting Officer at Jefferies Group, Inc. Prior to his employment at Jefferies Group, Inc., from 2000 to 2003, Mr. Horin was a Senior Manager in KPMG’s Department of Professional Practice in New York (“National Office”).

TCF Financial Corporation (NYSE: TCB) [WAYZATA, Minn.] announced Brian W. Maass, currently treasurer, has been promoted to chief financial officer and treasurer of the corporation. Maass most recently served as executive vice president and treasurer of TCF National Bank as well as treasurer and chief investment officer of the corporation. Prior to joining TCF in 2012, Maass held several accounting and finance leadership roles with Wells Fargo and Company, including senior vice president within corporate treasury.

Imation Corp. [OAKDALE, MINNESOTA] announced the appointment of Barry L. Kasoff the Company’s Chief Restructuring Officer to also serve as the Company’s Interim Chief Financial Officer. Mr. Kasoff was Interim President of Imation from August 19, 2015 to October 14, 2015 at which time he was appointed Chief Restructuring Officer.

Natcore Technology Inc. (TSX-V: NXT; OTCQB: NTCXF) [Rochester, NY] appointed Richard Childs to be interim CFO. In the private sector, he served for six years as Vice President, Director of Finance and Internal Security for Deak-Perera. In the government sector, he has served as a fraud investigator for the Office of the (NJ) Attorney General; the Supervising Accountant for the Essex County (NJ) Division of Accounts and Control; and, most recently, as the Chief of the Union County (NJ) Sheriff’s Department Economic Crime/Inspection Bureau.

CFO Moves – week ending December 4, 2015

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CFO Moves this week include:

Dollar General Corporation J.Crew Group, Inc. Performance Sports Group Ltd
Ingenious Med Douglas Emmett, Inc. MVB Financial Corp
Herio Capital KaloBios Pharmaceuticals, Inc FusionOps
Global Net Lease, Inc MissionHUB Sequa Corporation
Social Solutions Global Aoxing Pharmaceutical Company, Inc C2 Education
Newgistics Evans Bancorp, Inc Warren Resources, Inc
Donaldson Company, Inc Innophos Holdings, Inc Pernix Group, Inc
Artel Video Systems MonoSol Rx

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Should you have any CFO Moves to report, please email us.

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

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Dollar General Corporation (NYSE: DG) [GOODLETTSVILLE, Tenn.] announced the promotion of John W. Garratt to executive vice president and chief financial officer (CFO). Garratt has served as Dollar General’s interim CFO since June 2015 and previously served as its senior vice president of finance and strategy since joining the Company in October 2014. Prior to joining Dollar General in 2014, Garratt held various positions of increasing responsibility in the finance organization of Yum! Brands between May 2004 and October 2014, and held leadership positions in corporate strategy and financial planning. Most recently, he was vice president, finance and division controller for KFC. Prior to Yum! Brands, Garratt served as Plant Controller for Alcoa from April 2002 to May 2004. He also spent three years with General Electric in various financial management roles with increasing responsibility. He started his career at Alcoa where he worked for approximately nine years from May 1990 to March 1999.

J.Crew Group, Inc. [NEW YORK] announced that it has named Michael J. Nicholson President, Chief Operating Officer and Chief Financial Officer, effective January 11, 2016 Mr. Nicholson was Executive Vice President, Chief Operating Officer, Chief Financial Officer and Treasurer of ANN INC. from December 2012 until August 2015.  Previously, from 2007 to 2012, he served as Executive Vice President, Chief Financial Officer and Treasurer of ANN INC. Prior to that, Mr. Nicholson spent seven years at Limited Brands, Inc. holding various executive positions including Executive Vice President, Chief Operating Officer and Chief Financial Officer for Victoria’s Secret Beauty Company.  Earlier in his career, Mr. Nicholson held senior positions at Colgate Palmolive and Altria Group, Inc.

Performance Sports Group Ltd. (NYSE: PSG) [EXETER, NH] announced that it has appointed Mark Vendetti as Chief Financial Officer, effective December 14, 2015. Vendetti will assume CFO responsibilities from Amir Rosenthal, who was named President, PSG Brands in May 2015. Vendetti is currently the CFO of Francesca’s Holdings Corporation. Prior to this, Vendetti held the position of Vice President, Finance for Abercrombie & Fitch from 2009-2013 and served as Senior Vice President for XM Satellite Radio Inc. from 2005-2008. Vendetti began his career with General Electric and held numerous positions of increasing responsibility with The Proctor & Gamble Corporation from 1989-2001, before joining the Sears Credit Division and Citigroup Inc.

Ingenious Med [ATLANTA] has named David Lamm as its new chief financial officer. Before joining Ingenious Med, Lamm was chief financial officer and treasurer of United Allergy Services. He also has held several leadership positions at a number of healthcare enterprises including Kaiser Permanente and McKesson Corporation.

Douglas Emmett, Inc. (NYSE: DEI) [SANTA MONICA, Calif] announced that Mona Gisler, its Chief Accounting Officer, will become its Chief Financial Officer effective January 1, 2016, replacing Theodore Guth who will retire as CFO December 31, 2015. Ms. Gisler joined Douglas Emmett in 2014 after 19 years at Deloitte & Touche LLP, where she was a partner in the real estate group.

MVB Financial Corp. (OTCQB: MVBF) [FAIRMONT, W.Va.] announced the appointment of Donald T. Robinson to the position of Executive Vice President & Chief Financial Officer. Robinson succeeds Bret S. Price to the position of CFO. Prior to joining the company, Robinson served as: a community market president and state commercial lending leader for Huntington Bancshares, Inc. and Executive Vice President and Chief Accounting officer for Linn Energy, Inc.

Herio Capital [NEW YORK] announced Sonny Cheng as its new Chief Financial Officer. Previously he was a key executive in Goldman Sach’s Prime Brokerage and Fund Administration groups. Cheng began his career at Ernst & Young.

KaloBios Pharmaceuticals, Inc. (NASDAQ: KBIO), [SOUTH SAN FRANCISCO, Calif.] announced that Chris Thorn has been appointed interim Chief Financial Officer. Chris Thorn is also Controller of Turing Pharmaceuticals and his previous experience includes being Controller of Kamdon Corp and Audit Manager with KPMG LLP.

FusionOps [MOUNTAIN VIEW, Calif.] announced Travis Adlman as Chief Financial Officer. He joins FusionOps from AnchorFree, where he was CFO. Previously, he led the finance and operational organizations for Kosmix before its successful acquisition by Walmart. Prior to Kosmix, he was the senior executive overseeing finance, operations and legal for Buzzwire and Wallop.

Global Net Lease, Inc. (NYSE: GNL) [NEW YORK] announced that it appointed Timothy Salvemini to serve as chief financial officer, treasurer and secretary. Most recently, from 2014 to 2015, Mr. Salvemini served as chief administrative officer of Rouse Properties, Inc. From 2010 to 2012, Mr. Salvemini was Vice President – Finance and Accounting of Brookfield Asset Management, Inc. 2010, Mr. Salvemini served in various roles at Crystal River Capital Inc.

MissionHUB [SAN FRANCISCO, CA] has appointed Theresa A. Matacia as its Chief Financial Officer. Matacia worked at companies including ADP, Scient, and Declara.

Sequa Corporation [PALM BEACH GARDENS, Fla.] announced the appointment of Keith Howe as its new Chief Financial Officer (CFO). He succeeds Donna Costello, Sequa’s former Chief Financial Officer, who resigned. Howe has served as the top financial leader for several portfolio companies of the Carlyle Group, including Qualicaps, and Vought Aircraft.  Prior to that, he worked for more than 25 years at FMC Corporation and its successor company, United Defense Limited Partnership, in various roles that included General Manager of the Armament Systems division, CFO of the FNSS joint venture in Turkey, Controller of Armament Systems, and Business Manager of the Bradley Fighting Vehicle program.Tricia Benedix

Social Solutions Global [BALTIMORE] announced Tricia Benedix as its new Chief Financial Officer (CFO). Tricia succeeds Steve Egan, who retired 8 years after joining Social Solutions. Tricia was previously CFO of Relias Learning and Mitratech. She also held financial leadership roles at Sunquest Information Systems, Inc., and Misys Healthcare Systems.

Aoxing Pharmaceutical Company, Inc. (NYSE MKT: AXN) [JERSEY CITY, N.J] announced that Wilfred Chow has resigned from his position as the Company’s Chief Financial Officer. Guoan Zhang, Aoxing Pharma’s Senior Vice President for Finance, will assume the position of Chief Financial Officer.

C2 Education [ATLANTA] announced that Martin A. Moore has joined the company as the new Chief Financial Officer (CFO).

Newgistics [AUSTIN, Texas] announced that it has named Ben Wade as Executive Vice President and CFO, effective January 1, 2016. He will be replacing Michael Twomey, who served as CFO and will be retiring at the end of the year. Wade joined Newgistics in 2013 as Vice President and Controller. Before joining Newgistics, Wade founded and served as CFO of ProspX. Earlier in his career, he was finance director at Trilogy, and was an audit manager at PricewaterhouseCoopers.

Evans Bancorp, Inc. (NYSE MKT: EVBN) [Hamburg, NY] announced that it has named John B. Connerton Senior Vice President and Chief Financial Officer.  Mr. Connerton joined Evans in 2002 and was most recently Senior Vice President of Finance, Treasurer and Controller.

Warren Resources, Inc. (NASDAQ: WRES) [Denver, Colorado] announced Frank T. Smith, Jr. has been appointed Senior Vice President and Chief Financial Officer of the Company effective November 25, 2015. Brian Gelman, who served as Interim Chief Financial Officer since November 6, 2015, has stepped down from this role and will continue as Chief Accounting Officer and Controller. Mr. Smith has served as Senior Vice President and Chief Financial Officer of Dune Energy, Inc. since 2007 and as Secretary since January 2012. Prior to his appointment at Dune Energy, Inc., he served as President and Chief Financial Officer of Sonoran Energy, Inc. From 2004 through 2006, Mr. Smith served as Senior Vice President—Finance and Corporate Secretary of Remington Oil and Gas Corp. From June 1997 through 2003, Mr. Smith served as Executive Vice President and Manager of energy lending at the Bank of Texas. From 1990 through 1997, Mr. Smith served as Director in the energy and utilities division of the First National Bank of Boston. Prior to 1990, Mr. Smith held positions of increasing responsibility in the energy banking departments of other major, publicly-traded United States financial institutions.

Donaldson Company, Inc. (NYSE: DCI) [MINNEAPOLIS] announced, effective Dec. 8, 2015. Scott J. Robinson will be joining Donaldson as vice president and chief financial officer. Robinson joins Donaldson from Imation Corporation, where he was most recently the chief financial officer. During his 11 years with Imation, he also served as the investor relations officer, corporate controller and chief accounting officer. Prior to Imation, Robinson held positions at Deluxe Corporation and PricewaterhouseCoopers LLP.

Innophos Holdings, Inc. (NASDAQ: IPHS) [CRANBURY, N.J.] announced that Mark Feuerbach, the Company’s current Vice President, Investor Relations, Treasury, Financial Planning & Analysis, has been appointed Interim Chief Financial Officer. Mr. Feuerbach succeeds Robert Harrer, who is resigning as Chief Financial Officer.

Pernix Group, Inc. (OTCQB: PRXG) [LOMBARD, IL] announced Marco A. Martinez as its newly-appointed Senior Vice President & Chief Financial Officer. Most recently, he spent 18 years at MYR Group Inc., eight of which he served as CFO.

Artel Video Systems [Westford, MA] announced the appointment of David Traverse as vice president of finance and chief financial officer. Prior to joining Artel, Traverse served as vice president of finance at Scratch Wireless Inc. Previously, at AccuRev Inc. Prior to that, he facilitated multiple successful acquisitions at SoundBite Communications.

MonoSol Rx [WARREN, N.J.] announced that the Company has appointed Joanne M. Leonard as Chief Financial Officer. Ms. Leonard was previously COO of Epigenesis Pharmaceuticals where she also served as CFO and Treasurer for nine years. Prior to joining Epigenesis, Ms. Leonard was CFO and Treasurer of Memory Pharmaceuticals and of V.I. Technologies. Early in her career, she was employed eight years with KPMG.

CFO Moves – week ending December 11, 2015

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CFO Moves this week include:

American International Group, Inc. Marriott International, Inc. United Technologies Corp.
Yum! Brands, Inc. Greenway Health Patrick Industries, Inc.
The Medicines Company OTC Markets Group Inc. eBags
Buffalo Wild Wings, Inc. Monster Worldwide, Inc. Frank Miller Lumber
Bluefin Payment Systems Allianz Life Insurance Company of North America Transdermal Delivery Solutions Corporation
Santander Consumer USA Holdings Inc. Associated Capital Group Rentech, Inc.
Evolution Petroleum Corporation RigNet, Inc. Donaldson Company, Inc.
Legacy Education Alliance, Inc. Lantheus Holdings, Inc. Zendesk, Inc.
MSA Galena Biopharma, Inc. Domtar Corporation
Transcat, Inc. UserZoom MedImpact Holdings, Inc.

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Should you have any CFO Moves to report, please email us.

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

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American International Group, Inc. (NYSE: AIG) [NEW YORK] announced that David Herzog will continue as Chief Financial Officer through the filing of AIG’s 2015 Form 10-K. Sid Sankaran will continue as Chief Risk Officer until he becomes Chief Financial Officer.

Marriott International, Inc. (NASDAQ: MAR) [BETHESDA, Md.] announced that Carl Berquist, Marriott’s executive vice president and chief financial officer for the past seven years, will retire as CFO on December 31, 2015, remaining with the company as a special adviser through March 2016.  Leeny Kelly Oberg, a 16-year Marriott veteran, and currently chief financial officer for The Ritz-Carlton Hotel Company, LLC, a wholly-owned subsidiary of Marriott, will become Marriott’s chief financial officer on January 1, 2016, succeeding Mr. Berquist. Leeny Oberg assumed her current position at Ritz-Carlton in 2013. Previously, Ms. Oberg served in a range of financial leadership positions with Marriott.  From 2008 to 2013, she was the company’s senior vice president, corporate and development finance.  From 2006 to 2008, Ms. Oberg served in London as senior vice president, international project finance and asset management for Europe, the Middle East and Africa, and also as the region’s senior finance executive.   Ms. Oberg first joined Marriott as part of its investor relations group in 1999. Prior to joining Marriott, Ms. Oberg held a variety of financial leadership positions with such organizations as Sodexo (previously Sodexo Marriott Services), Sallie Mae, Goldman Sachs and Chase Manhattan Bank.

United Technologies Corp. (NYSE: UTX) [FARMINGTON, Conn.] announced Fredric G. Reynolds, former Chief Financial Officer of CBS Corporation has been elected to UTC’s Board of Directors, effective Jan. 1. Reynolds served as Executive Vice President and Chief Financial Officer of CBS Corporation from January 2006 until his retirement in August 2009. Earlier, he served as President and CEO of Viacom Television Stations group; as Executive Vice President and Chief Financial Officer of Viacom Inc.; as Executive Vice President and Chief Financial Officer of CBS Corp. and its predecessor, Westinghouse Electric Corporation; and at PepsiCo Inc. for 13 years in various financial roles, including Chief Financial Officer. He is currently a director of Hess Corporation and Mondelez International, and previously served on the board of AOL Inc.

Yum! Brands, Inc. (NYSE: YUM) [LOUISVILLE, Ky.] announced that Patrick Grismer, intends to resign as Chief Financial Officer, effective February 19, 2016. Grismer has served as CFO of YUM since 2012. Prior to that, he served in a number of senior finance and planning positions since 2002.

Greenway Health [CARROLLTON, Ga.] appointed Robert R. Ellis as its new chief financial officer. Ellis joined Greenway Health from over two years as a managing director at Vista Equity Partners. Previous to being employed by Vista, he was the senior vice president, chief financial officer, treasurer and chief operating officer at Agilysys. Earlier, Ellis was vice president of accounting and financial operations/principal accounting officer and former corporate controller from 2003-11 at Radiant Systems, along with earlier positions with Deloitte Consulting; Kreischer, Miller & Co.; and Arthur Andersen, LLP.

Patrick Industries, Inc. (NASDAQ: PATK) [ELKHART, Ind.] announced that Andy L. Nemeth, Executive Vice President of Finance and Chief Financial Officer, will assume the position of President, and Joshua A. Boone, Director of Corporate Finance, will assume the position of Chief Financial Officer effective January 1, 2016.  Prior to assuming the position of Executive Vice President of Finance, Secretary-Treasurer and Chief Financial Officer in May 2004, Mr. Nemeth served as Vice President of Finance, Chief Financial Officer, and Secretary-Treasurer from 2003 to 2004, and Secretary-Treasurer and Chief Financial Officer from 2002 to 2003.  Mr. Nemeth joined the Company in 1996. Mr. Boone joined the Company as its Director of Corporate Finance in July 2014.  Prior to his role at Patrick, Mr. Boone served as Chief Financial Officer for Pretzels, Inc.  Prior to his tenure at Pretzels, Inc., he served in several leadership positions in finance and accounting at Brunswick Corporation.

The Medicines Company (NASDAQ: MDCO) [PARSIPPANY, N.J.]  announced that Glenn Sblendorio, President and Chief Financial Officer, will retire from the company effective March 31, 2016. As of January 1, 2016, Mr. Sblendorio will be relinquishing his seat on the Board of Directors and his operational responsibilities will be assumed by others within the company. William O’Connor, Senior Vice President & Chief Accounting Officer, who has been with The Medicines Company since 2006, will succeed Mr. Sblendorio as Chief Financial Officer.

OTC Markets Group Inc. (OTCQX: OTCM) [NEW YORK] announced the appointment of Bea Ordonez as Chief Financial Officer.  Ms. Ordonez most recently served as the Chief Operations Officer (“COO”) and a Managing Director at Convergex Group, where she served for 16 years. Beginning in 1999, Ms. Ordonez served for three years as the Chief Financial Officer at G-Trade Services, later being appointed as G-Trade’s Director of Operations.  Thereafter, she served as Convergex’s COO with oversight over the firm’s global operations.

eBags [DENVER] announced that Scott Henry, Chief Financial Officer at Magic Leap has joined eBags’ Strategic Advisory Board. Prior to Magic Leap, Henry held CFO roles at Beats Music and Beats by Dr. Dre. He joined Beats in 2011 and led the company’s transition from a licensing company to an independent global manufacturer. In early 2014, Henry transitioned to the CFO position at Beats Music. Before Beats, Henry served as CFO at several major companies, including Borders Group and Las Vegas Sands.  Earlier in his career, Henry worked as an investment banker for some of the world’s largest financial institutions including Salomon Brothers, ABN Amro, ING Barings and Prudential Securities.

Buffalo Wild Wings, Inc. (NASDAQ: BWLD) [MINNEAPOLIS] announced that Mary Twinem, executive vice president and chief financial officer, will be retiring on February 29, 2016. Twinem joined Buffalo Wild Wings in 1994.

Monster Worldwide, Inc. (NYSE: MWW) [WESTON, Mass.] announced the appointment of Gillian Munson, Chief Financial Officer, XO Group Inc., to its board of directors. Prior to joining XO Group, Munson served as Managing Director at Allen & Company LLC, from 2007 to 2013. Munson also served as Vice President, Business Development at Symbol Technologies from 2003 to 2007. Prior to joining Symbol, Munson was an Executive Director and Senior Equity Analyst at Morgan Stanley. Munson began her career as a Research Associate at Hambrecht & Quist.

Frank Miller Lumber [UNION CITY, Ind.] has named Steven P. James as president and chief executive officer, and JoEllen Johnston as chief financial officer. In his previous role, James was chief financial officer at Frank Miller Lumber, a position he held for more than three years. In 2012, James came to Frank Miller Lumber from DMAX-Ltd., where he spent approximately three years as CFO. In years prior, James held positions ranging from controller/finance team leader to lead financial analyst. Johnston joined Frank Miller Lumber in 2000 as controller.

Bluefin Payment Systems [ATLANTA] announced the addition of Huib Dekker as CFO and will be succeeding Michael Brady in this position, who is retiring. Mr. Dekker previously served as the CFO of GlobalCollect since 2012. Previous to GlobalCollect, Mr. Dekker held the CFO role at Telfort B.V., Wind- Hellas Telecommunications in Greece and the VoiceCash group of companies, including its bank in Malta.Bill Gaumond

Allianz Life Insurance Company of North America [MINNEAPOLIS] promoted Bill Gaumond to chief financial officer, effective Jan. 1, 2016. Gaumond succeeds Giulio Terzariol, who will join Allianz SE (Allianz Life’s parent company) in Munich to lead Group Planning and Controlling. Gaumond has held several leadership roles with Allianz Life and Allianz SE since 2004. Most recently, he served as senior vice president of Asset Liability and Investment Risk Management. Prior to that, Gaumond was a senior member with Group Planning and Controlling at Allianz SE in Munich. Gaumond also previously held various leadership roles in the Finance division at Allianz Life. He began his career in the audit division of PricewaterhouseCoopers LLC in Minneapolis.

Transdermal Delivery Solutions Corporation (TDSC) [PALM BEACH GARDENS, Fla.] announced that pharmaceutical entrepreneur Edward J. Borkowski has joined its Board of Directors as Chair of the Audit Committee. Borkowski has held the title of Chief Financial Officer for a myriad of multi-billion dollar healthcare organizations such as Mylan, Inc., Carefusion Corporation, ConvaTec, and is currently CFO at Amerigen Pharmaceuticals.

Santander Consumer USA Holdings Inc. (NYSE: SC) [DALLAS] named Ismail “Izzy” Dawood as Chief Financial Officer of the Company. Jennifer Davis, the Company’s Interim Chief Financial Officer since July 2015, will continue to serve as Deputy Chief Financial Officer. Prior to joining the Company, Mr. Dawood served as Executive Vice President and Chief Financial Officer of the Investment Services Division of The Bank of New York Mellon Corporation (“BNY Mellon”). He also served BNY Mellon as Executive Vice President and Director of Investor Relations and Financial Planning and Analysis, and as Senior Vice President and Global Head of Corporate Development and Strategy. Prior to his tenure at BNY Mellon, Mr. Dawood held various senior roles at Wachovia Corporation, including Managing Director of Structured Treasury Activities and Managing Director of Corporate Development.

Associated Capital Group (NYSE: AC) [RYE, N.Y.] announced that Patrick Dennis has been named the Executive Vice President and Chief Financial Officer. Mr. Dennis was formerly the Global Head of Operations/Hedge Fund Administration at JP Morgan Chase and C.F.O – Liquid Markets at Fortress Investment Group. Mr. Dennis was previously a Partner and Chief Financial Officer at Raptor Capital Management, (a spinout from Tudor Investment) and the Chief Financial Offer of Eton Park Capital Management. Prior to Eton Park, Mr. Dennis was a Partner with Ernst & Young, LLP.

Rentech, Inc. (NASDAQ:RTK) [LOS ANGELES] announced that Jeffrey R. Spain has been appointed as chief financial officer of Rentech and the general partner of Rentech Nitrogen Partners, L.P. (NYSE: RNF). Mr. Spain replaces Dan J. Cohrs, who is leaving the companies to pursue other opportunities. Mr. Spain served as Rentech’s senior vice president of finance, accounting and administration for Rentech’s wood fibre group immediately prior to his appointment as CFO. Mr. Spain has held various senior financial and accounting roles at Rentech since 2011, and he most recently played a critical role in the financial turnaround of Fulghum Fibres. His past employers include Credit Suisse First Boston, LeadPoint, Inc. and eNutrition, Inc., and Kimberly-Clark Corporation.

Evolution Petroleum Corporation (NYSE MKT: EPM) [HOUSTON] announced that Randy Keys, the current President and Chief Financial Officer, has been appointed President and Chief Executive Officer. Randy joined the Company in January 2014 as Senior Vice President and CFO and was appointed to the additional position of President in September 2014. David Joe, the current Vice President, Controller, Chief Administrative Officer and Corporate Secretary, has been appointed Senior Vice President, Chief Financial Officer and Treasurer, and will serve as the Principal Financial Officer. David joined the Company in 2005 as Accounting Manager, was promoted to Controller and Corporate Secretary in 2007 and in 2014 was given the additional responsibilities of Vice President and Chief Administrative Officer.

RigNet, Inc. (NASDAQ: RNET) [HOUSTON] announced that Charles E. “Chip” Schneider has been named senior vice president and chief financial officer. He succeeds Marty Jimmerson, who, as previously announced, is leaving at the end of the year. Schneider most recently was vice president and chief financial officer for the Engineering & Construction – Americas division at KBR, Inc. In addition to his role in KBR’s largest business unit, previous roles at KBR have included vice president – finance and treasurer, vice president – corporate development, and interim chief financial officer.

Donaldson Company, Inc. (NYSE: DCI) [MINNEAPOLIS] announced that Scott J. Robinson will be joining Donaldson as vice president and chief financial officer.  Robinson joins Donaldson from Imation Corporation, where he was most recently the chief financial officer. During his 11 years with Imation, he also served as the investor relations officer, corporate controller and chief accounting officer. Prior to Imation, Robinson held positions at Deluxe Corporation and PricewaterhouseCoopers LLP.

Legacy Education Alliance, Inc. (OTCQB: LEAI) [CAPE CORAL, Fla.] appointed Peter W. Harper as an independent director of its Board. Mr. Harper was also appointed as chairman of the Audit Committee. Mr. Harper is currently the President and Chief Financial Officer at Twin-Star International. Prior to joining Twin-Star in 2013, Harper served as CFO at Scottsdale Insurance from 2005 to 2012 and Suntron Corporation from 2000 to 2005. Prior to that he had senior finance positions at Iomega Corporation and General Electric.

Lantheus Holdings, Inc. (NASDAQ: LNTH) [NORTH BILLERICA, Mass.] parent company of Lantheus Medical Imaging, Inc. (“LMI”) announced the appointment of Jack Crowley as interim Chief Financial Officer. Mr. Crowley replaces John Bakewell, who has served as Chief Financial Officer since June 2014 and has resigned from the Company to accept another position. Mr. Crowley joined the Company in September 2010 as Director of Accounting. He was promoted to Vice President of Finance in April 2013 and to Chief Accounting Officer in March 2015. Mr. Crowley joined the Company from Biogen Idec where he served in the roles of Director of Finance and Assistant Corporate Controller and Director of External Reporting. Previously, Mr. Crowley was the Director of Accounting at Fisher Scientific International.

Zendesk, Inc. (NYSE: ZEN) [SAN FRANCISCO] announced that SVP and Chief Financial Officer Alan Black has informed the company and board of directors of his plans to depart the company during 2016. Black, who joined Zendesk in 2011, will continue in his role as Chief Financial Officer until a replacement is identified.

MSA (NYSE: MSA) [PITTSBURGH] appointed Kenneth D. Krause to the position of Vice President, Chief Financial Officer and Treasurer.  In this new role, Mr. Krause, a 10-year veteran of MSA, succeeds interim CFO Kerry Bove, who will resume his normal responsibilities as Senior Vice President and Chief Strategy Officer.  Mr. Bove was appointed to the interim CFO role in August following the departure of Stacy McMahan, who resigned from the company to accept a CFO position at a medical device and life-sciences company. Mr. Krause began his career with MSA in 2006 as Director of Internal Audit.  In 2009 he was promoted to Director of Decision Support. From 2013 to August of this year, Mr. Krause served as Executive Director of Global Finance and Assistant Treasurer. In August he was elected an officer of the company and promoted to the position of Vice President, Strategic Finance and Treasurer.

Galena Biopharma, Inc. (NASDAQ: GALE) [SAN RAMON, Calif.] announced the departure of the Company’s Chief Financial Officer (CFO), Ryan Dunlap, effective December 31, 2015.Domtar Corporation Winston

Domtar Corporation (NYSE: UFS) [FORT MILL, SC] announced the election of Mary A. Winston to its board of directors. From 2012 until August 2015, Ms. Winston served as the Executive Vice President and Chief Financial Officer of Family Dollar Stores, Inc. Before joining Family Dollar, Ms. Winston served as Senior Vice President and Chief Financial Officer of Giant Eagle, Inc.  Prior to that, she served as Executive Vice President and Chief Financial Officer of Scholastic Corporation. Ms. Winston has also held executive-level positions with Visteon Corporation and with Pfizer, Inc. Ms. Winston currently serves on the board of directors and is chair of the audit committee of Dover Corporation. Ms. Winston also serves on the board of directors, the nominating and corporate governance committee and the audit committee of Plexus Corp.

Transcat, Inc. (NASDAQ: TRNS) [ROCHESTER, N.Y.] announced that John J. Zimmer, Senior Vice President of Finance and Chief Financial Officer, will retire from Transcat in 2016. The Company also announced that MichaeI J. Tschiderer has joined Transcat as Vice President of Finance and will succeed Mr. Zimmer as Chief Financial Officer on March 27, 2016.

UserZoom [SAN JOSE, CALIF.] announced that Deborah Eudaley joins UserZoom as Chief Financial Officer. Most recently, Deborah served as CFO & COO at Lyris. Her prior experience includes GoldenGate Software (acquired by Oracle in 2009), Oracle and SGI, as well as several venture and private equity-backed companies.

MedImpact Holdings, Inc. [SAN DIEGO] announced that Dave Wheeler, EVP and Chief Financial Officer has separated from MedImpact. Jim Gollaher, VP of Accounting and Controller, will serve as interim CFO.


CFO Moves – week ending December 18, 2015

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CFO Moves this week include:

The Wendy’s Company Starwood Hotels & Resorts Worldwide, Inc. Diageo
Sotheby’s Tuesday Morning Corporation Exact Sciences Corp.
Green Dot Corporation Jaguar Animal Health, Inc. Iconixx
Dicerna Pharmaceuticals, Inc. Scientific Games Corporation 5miles
Preston Hollow Capital Production Resource Group LLC Senior Housing Properties Trust
Five Star Quality Care, Inc. eFFECTOR Therapeutics, Inc. Mojix, Inc.
Alacare Home Health & Hospice Femasys Inc. CardioDx, Inc.
Third Avenue Management LLC PLUMgrid Grandparents.com, Inc.
Ramco-Gershenson Properties Trust Yuma Energy, Inc. Shiloh Industries
The Boston Beer Company, Inc. Cardtronics Inc. Bit9® + Carbon Black®
SANUWAVE Health, Inc.  

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.

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

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The Wendy’s Company (NASDAQ: WEN) [DUBLIN, Ohio] announced that current Executive Vice President, Chief Financial Officer Todd Penegor has been appointed CEO.

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) [STAMFORD, Conn] announced that Alan M. Schnaid, currently Senior Vice President, Corporate Controller and Principal Accounting Officer of Starwood, will be appointed Chief Financial Officer, replacing Thomas B. Mangas, who was promoted to CEO. Schnaid joined Starwood in 1994 and has been Starwood’s Senior Vice President, Corporate Controller and Principal Accounting Officer since 2005. Prior to that, Schnaid was Senior Vice President and Corporate Controller since 1998 and Vice President and Controller since 1996. Prior to joining Starwood, Schnaid held accounting positions with Mazars and Company, Kenneth Leventhal and Company and Laventhol & Horwath.

Tuesday Morning Corporation (NASDAQ: TUES) [DALLAS, TX] announced that Stacie R. Shirley will join the Company as Executive Vice President, Chief Financial Officer and Treasurer. Prior to joining Neiman Marcus Group, Ms. Shirley served in areas of increasing responsibility at CompUSA, Inc., including Vice President – Finance and Treasurer (1999-2001), Senior Director – Financial Initiatives (1998-1999), Director of Investor Relations (1996-1998), and Regional Accounting Manager (1993-1996).

Diageo [NORWALK, Conn] announced the appointment of Jakob Ripshtein as Chief Financial Officer for Diageo North America, replacing Greg Kryder. Ripshtein began his career with Diageo in 2008 as VP Finance for Canada. In 2010, he moved to London to take on a role as Global Pricing Director for several years before returning to North America as SVP of Finance for Open States. Ripshtein has been President of Diageo Canada since 2014.

Sotheby’s [NEW YORK] has named Dennis M. Weibling its Interim Chief Financial Officer. Mr. Weibling, a member of Sotheby’s Board of Directors since 2006, and the current Chair of the Board’s Audit Committee, succeeds Patrick S. McClymont, who has been Sotheby’s Chief Financial Officer since October 2013. Mr. Weibling has served as the Managing Director of Rally Capital, LLC, since 2004. He served as a board member and Chairman of Telesphere Networks Ltd from 2006 to 2014. From October 1993 to December 2001, Mr. Weibling served as President of Eagle River, Inc. and then as Vice Chairman of Eagle River Investments until November 2003. Beginning in 1995, Mr. Weibling served as a director of Nextel Partners, Inc. and Nextel Communications, Inc.

Exact Sciences Corp. (NASDAQ: EXAS) [MADISON, Wis] announced the appointment of John K. Bakewell as chief financial officer. Most recently, he was CFO at Lantheus Holdings Inc. Bakewell serves as a director of two medical technology companies, including serving as a member of the audit committee of Entellus Medical and as chairman of the audit committee at Keystone Dental.

Green Dot Corporation (NYSE: GDOT) [PASADENA, Calif.] announced that it has named Mark Shifke to the position of Chief Financial Officer. recently, Mr. Shifke served as Managing Director, M&A and Corporate Finance Advisory at J.P. Morgan. Prior to joining JP Morgan in 2007, he was a Vice President at Goldman Sachs in Principal Investing and in M&A Structuring and Advisory. Previously, he served as a Partner at Davis Polk & Wardwell LLP, a law firm and a Principal at KPMG LLP.

Jaguar Animal Health, Inc. (NASDAQ: JAGX) [SAN FRANCISCO] announced the appointment of Karen Wright as chief financial officer, replacing John Kallassy, Jaguar’s former CFO, will continue to serve the Company as chief operating officer. Karen was most recently she was the head of finance for Clene Nanomedicine. She also served as vice president of finance and corporate controller at multiple other private and public companies, including Veracyte and Intermune, which was acquired by Roche.

Iconixx [AUSTIN, Texas] announced the appointment of William J. Getchell as Chief Financial Officer.  He joins Iconixx after having spent several years as Chief Financial Officer at Motion Computing, Inc. and Phunware, Inc.

Dicerna Pharmaceuticals, Inc. (NASDAQ: DRNA) [CAMBRIDGE, Mass] announced the appointment of John “Jack” Green as interim chief financial officer (CFO). He replaces James Dentzer. Concurrently to serving as part-time, interim CFO at Dicerna, Mr. Green will continue in a part-time capacity as CFO of Verastem, Inc. (VSTM). Previously, he served for more than 15 years as CFO of GTC Biotherapeutics (formerly Genzyme Transgenics).

Scientific Games Corporation (NASDAQ: SGMS) [LAS VEGAS] announced the promotion of Michael Quartieri to Executive Vice President, Chief Financial Officer, and Secretary, succeeding Scott Schweinfurth. Michael recently served nine years with Las Vegas Sands Corp., ending his tenure as Senior Vice President, Chief Accounting Officer, and Global Controller. Previously, he had a 13-year tenure at Deloitte & Touche LLP, attaining the position of Director of Audit and Assurance Services.

5miles [DALLAS, TX] has named Garwin Chan as its chief financial officer. Chan previously was a managing director at Founder H Fund, in China. Before that, he was vice president of Bain Capital. Chan began his career as an investment professional at Sankaty Advisors.

Preston Hollow Capital [DALLAS] announced that it has hired Paige Deskin as Chief Financial Officer. Ms. Deskin replaces the retiring Mike Cousins. Before joining PHC, Ms. Deskin was Vice President – Finance with SWK Holdings Corporation (NASDAQ: SWKH). Prior to joining SWK Holdings Corporation, she was Controller of ORIX USA Corporation for eight years. Before entering the private sector, Ms. Deskin was a manager in KPMG’s audit practice.

Production Resource Group LLC [NEW YORK] announced the appointment of Ryan Schroeter as its Chief Financial Officer, replacing Scott Hansen, who had previously served as both Chief Financial Officer and Chief of Asset Strategy, will now focus on the asset side of PRG’s business. Prior to joining PRG, Schroeter was Vice President Corporate Finance at Intrepid Aviation. Before that he held the role of Assistant Treasurer at JetBlue Airways.

Senior Housing Properties Trust (NYSE: SNH) [NEWTON, Mass.] announced the appointment of Richard W. Siedel, Jr. as its Chief Financial Officer and Treasurer, replacing Richard A. Doyle, Jr. Mr. Siedel has been Chief Accounting Officer of Five Star Quality Care, Inc. (NYSE: FVE) since 2014 and previously was Controller of The RMR Group since 2013. Prior to that, Mr. Siedel held various accounting leadership positions, including Corporate Controller, at Sensata Technologies Holdings NV (NYSE: ST) from 2010 to 2013 and as an auditor at Ernst & Young LLP from 2001 to 2010.

Five Star Quality Care, Inc. (NYSE: FVE) [NEWTON, Mass] announced the appointment of Richard A. Doyle, Jr. as its Chief Financial Officer and Treasurer, replacing Paul V. Hoagland. Mr. Doyle has served as Chief Financial Officer and Treasurer of Senior Housing Properties Trust (NYSE: SNH) since 2007. He was previously the Director of Financial Reporting for Five Star beginning in 2005. Prior to that, he was employed by Sun Life Financial in positions involving finance and accounting for 10 years.

eFFECTOR Therapeutics, Inc., [SAN DIEGO] announced that Alana McNulty will be its full-time chief financial officer. Prior to eFFECTOR, Ms. McNulty served as CFO at Lumena Pharmaceuticals, acquired by Shire in 2014, and Excaliard Pharmaceuticals, acquired by Pfizer in 2011. Previously, Ms. McNulty served in a similar capacity at BrainCells and Elitra Pharmaceuticals. Before those roles, she served as General Manager of the Advanced Tissue Sciences/Smith and Nephew JV. She began her career as an Associate at Bear Stearns.

Mojix, Inc. [LOS ANGELES] announced the appointment of Carey Tokirio as Chief Financial Officer. Prior to Apriso, he worked in accounting, auditing, treasury, taxes and operations capacities at several other technology firms, including Critical Path and QAD.

Alacare Home Health & Hospice [BIRMINGHAM, Ala.] has named Corrie Hall as its new Chief Financial Officer. Hall assumes the responsibility as Gene Sykes retires after more than 20 years with Alacare. Before Hall came to Alacare in November 2014, he served as Chief Operating Officer at Kare-In-Home Health in Gulfport, Mississippi, for 10 years and worked at Hattiesburg’s South Mississippi Home Health for 27 years, ultimately becoming a Vice President in Finance.

Femasys Inc. [ATLANTA] announced the appointment of Todd A. Creech as Chief Financial Officer. Mr. Creech previously served as the Chief Financial Officer of ZS Pharma, Inc., from August 2013 until June 2015. Prior to ZS Pharma, Mr. Creech was CFO and Vice President of Business Development at SARcode Bioscience. Prior to SARcode, Mr. Creech was CFO of Sirion Therapeutics. Prior to that Mr. Creech worked with NovaQuest, the investment group within Quintiles, Inc. Prior to his work with NovaQuest, he cofounded Centice, in 2003.

CardioDx, Inc. [REDWOOD CITY, CA] announced the appointment of Timothy Henn as Chief Financial Officer of the company. Prior to joining CardioDx, he served as Chief Financial Officer of Crescendo Biosciences, which was acquired by Myriad Genetics. Henn has also worked in senior finance positions in leading clinical diagnostic and life science companies, including Monogram Biosciences and Incyte Corporation.

Third Avenue Management LLC [NEW YORK] has named Vincent Dugan as Chief Financial Officer and Chief Operating Officer.Marty Bradford

PLUMgrid [SANTA CLARA, CA] announced Marty Bradford as it’s new chief financial officer. Most recently, Bradford served as CFO at Quorum. Previously, Marty was CFO at InMage Systems (acquired by Microsoft) and SeeCommerce (acquired by NCR/Teradata).

Ramco-Gershenson Properties Trust (NYSE: RPT) [FARMINGTON HILLS] announced the appointment of Geoffrey Bedrosian as Chief Financial Officer. Mr. Bedrosian joins Ramco-Gershenson following a successful 20-year career in real estate investment banking, most recently as Managing Director of Global Real Estate and Investment Banking at Deutsche Bank Securities, Inc.

Yuma Energy, Inc. (NYSE MKT: YUMA) [HOUSTON, TX] announced the appointment of James J. Jacobs as Chief Financial Officer, replacing Kirk F. Sprunger. Mr. Jacobs served as Yuma’s Vice President – Corporate and Business Development immediately prior to his appointment as Chief Financial Officer and has been with the Company since 2013. He served as the Chief Financial Officer of Houston America Energy Corp. for seven years prior to joining Yuma in 2013. In 2001, Mr. Jacobs worked as an Energy Analyst at Duke Capital Partners. In 2003, Mr. Jacobs worked as a Vice President of Energy Investment Banking at Sanders Morris Harris. From 2006 through 2013, Mr. Jacobs was the Chief Financial Officer, Treasurer and Secretary at Houston America Energy Corp.

Shiloh Industries (NASDAQ: SHLO) [PLYMOUTH, Mich.] announced that W. Jay Potter has joined the company in the newly created position of senior vice president, chief financial officer. Potter brings over 30 years of financial leadership in complex manufacturing and service businesses.

The Boston Beer Company, Inc. (NYSE: SAM) [Boston, Massachusetts] announced that Frank H. Smalla will be assuming the position of Chief Financial Officer when current Chief Financial Officer William F. Urich steps down from the role in 2016. Mr. Smalla previously worked in various senior financial roles for Kraft Food Groups, Inc. of Northfield, Illinois from 1995 through 2015, most recently as Senior Vice President, Finance of U.S. Business Units, U.S. Sales, Integrated Supply Chain, RDQ and Marketing Services. He held the positions of Senior Vice President of Finance from 2012-2015 and Vice President of Finance from 2010-2012.

Cardtronics Inc. (NASDAQ: CATM) [HOUSTON] announced that Edward H. West will join the Cardtronics team as chief financial officer, succeeding Chris Brewster. West held the role of chief financial officer at three companies – Delta Air Lines, Internet Capital Group and Education Management Corporation. West most recently served as CEO of Education Management. West joined Education Management in 2006 as chief financial officer and became CEO in 2012. Prior to his time there, West joined Internet Capital Group as chief financial officer in 2000. In 2002, West transitioned to Internet Capital Group’s largest subsidiary, ICG Commerce, where he served as chief executive officer until 2006. He also served as chief financial officer at Delta Air Lines from 1999 to 2000, after having joined the company in 1994. West began his career in financial services at SunTrust.

Bit9 + Carbon Black [WALTHAM, Mass] announced the appointment of Mark Sullivan as executive vice president and chief financial officer. Most recently, Sullivan was executive vice president and CFO of AspenTech. Sullivan has more than 25 years of financial management and executive leadership experience, including 14 years with Fidelity Investments, where his positions included executive vice president and CFO for Fidelity Employer Services Compan. Sullivan’s prior positions include chief operating officer for Westerbeke Corporation, consulting manager at Coopers & Lybrand, and financial leadership roles with Analog Devices.

SANUWAVE Health, Inc.  [ALPHARETTA, Ga] announced that Lisa Sundstrom, has been promoted to Chief Financial Officer. Ms. Sundstrom, was formerly interim Chief Financial Officer as of July 2015. Ms. Sundstrom has over 23 years of financial and accounting experience, including the last nine years with SANUWAVE. Her previous positions include senior financial and accounting roles at ADP and Mitsubishi Consumer Electronics.

CFO Moves – week ending December 25, 2015

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CFO Moves this week include:

Under Armour Kelly Services KaloBios Pharmaceuticals, Inc.
The Boston Beer Company, Inc. Pharm-Olam International Ltd. Ameriflight, LLC
Innovatient Solutions, Inc. TierPoint Signostics
Benefitfocus, Inc. Scientific Drilling International

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Should you have any CFO Moves to report, please email us.

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

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Under Armour (NYSE: UA) [BALTIMORE] announced Chip Molloy as its new Chief Financial Officer, replacing Brad Dickerson. Mr. Molloy served as EVP and CFO for PetSmart from 2007 until 2013, where in 2011 he was named Institutional Investor’s CFO of the Year for Specialty Retail. Most recently he served as a Senior Advisor for Atlanta-based private equity firm Roark Capital Group since October 2014 and has served on a number of public company boards of directors.Olivier Thirot

Kelly Services (NASDAQ: KELYA, KELYB) [TROY, MI] announced the appointment of Olivier Thirot as senior vice president and chief financial officer. Mr. Thirot managed several key finance functions at Bacardi Ltd. and L. Raphael, where he served as chief financial officer. Prior to being named acting CFO of Kelly Services, he was senior vice president, corporate controller and chief accounting officer, responsible for the finance functions in Kelly’s EMEA and APAC regions. He joined the Company in 2008.

KaloBios Pharmaceuticals, Inc. [South San Francisco, CA] confirmed that Christopher Thorn, the Company’s Interim Chief Financial Officer announced his resignation. The Company is conducting a nationwide search to fill the CFO position.

The Boston Beer Company, Inc. (NYSE: SAM) [BOSTON, MA] announced that Frank H. Smalla will be joining the Company as Senior Vice President, Finance, replacing William F. Urich. Before joining the company, Mr. Smalla had been Senior Vice President, Finance for Kraft Food Groups, Inc. of Northfield, Illinois since 2012. Prior to that, Mr. Smalla held a number of senior financial positions at Kraft from 1995-2012, including as Vice President of Finance from 2010-2012.Natalie Gassen

Pharm-Olam International Ltd. [HOUSTON] announced the promotion of Natalie Gassen to the position of Chief Financial Officer. Natalie started with Pharm-Olam as the Director of Global Finance and Accounting. Prior to coming to Pharm-Olam, Natalie was the Chief Financial Officer for ApoCell Inc.

Ameriflight, LLC [DALLAS] announced the appointment of David W. Moore as Chief Financial Officer replacing David DeRose. Mr. Moore comes to Ameriflight from Loomis US, where over the past seven years he has held various District and Regional Controller positions. Prior to Loomis, David was CFO of Alliance Systems, LTD. where he served as Vice President of Finance and Controller.

Innovatient Solutions, Inc. [HARTFORD, Conn.] has named Henry Schaffer as chief financial officer. Schaffer was recently executive vice president and CFO for InSite One, Inc. Before that, as a director with Oracle Corporation. He has also served as CFO of OutlookSoft, FitLinxx, The Custom Foot, Exxon and Compaq Computer Corporation.Mary Meduski of Suddenlink

TierPoint [ST. LOUIS] announced that Mary Meduski was promoted to President and Chief Financial Officer. Most recently, Meduski was Executive Vice President and Chief Financial Officer of Suddenlink Communications, recently acquired by the Altice Group. Prior to that she worked at AAT Communications, starting in 2003.

Signostics [KIRKLAND, Wash] announced the appointment of Jeffrey Markwood to the position of Chief Financial Officer (CFO) and Vice President of Administration. In 2009 Mr. Markwood became the Senior Director of Corporate Planning & Finance at Sonosite. Prior to SonoSite, Mr. Markwood spent 9 years at AT&T Wireless as Director of Financial Planning & Development. Mr. Markwood later joined Cyrk, where he spent five years as Controller overseeing the company’s international operations.

Benefitfocus, Inc. (NASDAQ: BNFT) [Charleston, S.C.] announced that Milt Alpern, its Chief Financial Officer, retiring. Mr. Alpern joined Benefitfocus in 2012 from ITA Software, Inc. where he managed the successful sale of the company to Google in 2011.Scientific Drilling Dana Armstrong

Scientific Drilling International [HOUSTON] announced Dana Armstrong as Senior Vice President and Chief Financial Officer. Prior to SDI, Dana was employed at Ion Geophysical Corporation since 2007, most recently serving as VP & Global Treasurer. From 1998 until 2007, Dana was employed with Thermo Fisher Scientific, holding a variety of key senior financial positions.

CFO Moves – week ending January 1, 2016

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CFO Moves this week include:

Citrix Systems, Inc. Anworth Mortgage Asset Corporation Alpha Pro Tech, Ltd.
Prime Meridian Holding Company HRG Group, Inc. LSB Industries, Inc.

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.

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

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Citrix Systems, Inc. [SANTA CLARA, Calif.] (NASDAQ: CTXS) announced the election of Graham Smith, former CFO at Salesforce, to its board of directors. Mr. Smith has served as a director of Splunk since 2011 and was previously the executive vice president and chief financial officer for Salesforce, where he held other senior executive positions beginning in 2007. Prior to Salesforce, he served as chief financial officer at Advent Software. He sits on the boards of MINDBODY, Inc. and Xero, Inc. Mr. Smith, will serve on the Compensation Committee.

Anworth Mortgage Asset Corporation [SANTA MONICA, Calif.] (NYSE: ANH) announced that Thad M. Brown, the Company’s Chief Financial Officer, Treasurer and Secretary, will retire effective December 31, 2015. The Company also announced that Charles J. Siegel has been appointed by the board of directors of the Company to the positions of Chief Financial Officer, Treasurer and Secretary, effective January 1, 2016. Mr. Siegel joined the Company in October 2004 and has served as Senior Vice President-Finance since January 2005 and also as Assistant Secretary since May 2005. Prior to joining the Company, Mr. Siegel served as Chief Financial Officer with various mortgage originators for over 30 years. Mr. Siegel began his career with KPMG.

Alpha Pro Tech, Ltd. [NOGALES, AZ] (NYSE MKT: APT) announced that effective January 4, 2016, Lloyd Hoffman will assume the role of Chief Executive Officer and will also join the Company’s Board of Directors. Colleen McDonald will assume the role of Chief Financial Officer. Mr. Hoffman, who currently serves as CFO, has been with the Company since 1991, two years after the Company was founded. Ms. McDonald, who currently serves as Corporate Controller, has served with the Company for 20 years.

Prime Meridian Holding Co. [TALLAHASSEE, FL] (OTCQX: PMHG) and Prime Meridian Bank have appointed R. Randy Guemple to serve as CFO and principal financial officer, effective Jan. 1, 2016, coinciding with the retirement of their current CFO, Kathleen C. Jones. Guemple is Executive Vice President of PMHG’s whollyowned subsidiary, Prime Meridian Bank, and has served as a member of the Board of Directors of the Company since 2010 and the Board of Directors of the Bank since 2007. He will continue to serve in those capacities. Guemple has worked closely with Jones since July, 2015, as part of the planned transition. Guemple was formerly Executive Vice President, Chief Operating Officer, and Chief Financial Officer of First Bank of Florida in West Palm Beach, Florida where he also served on both the Bank and Holding Company Boards of Directors. He is a member and Past Chairman of the Board of Trustees for the Tallahassee Memorial Healthcare Foundation, Inc. He is a Director Emeritus of Elder Care Services, Inc. and served as the Executive Director of the Leon County Educational Facilities Authority.

HRG Group, Inc. [NEW YORK] appointed George C. Nicholson to the additional position of Acting Chief Financial Officer. Mr. Nicholson’s appointment as Acting Chief Financial Officer will be effective as of January 4, 2015. Prior to such appointment, Mr. Nicholson served as Senior Vice President and Chief Accounting Officer of the Company.

LSB Industries, Inc. [OKLAHOMA CITY] (NYSE: LXU) announced that it has appointed Interim Chief Executive Officer Daniel D. Greenwell as President and Chief Executive Officer. Mr. Greenwell has served as Interim Chief Executive Officer since September 2015. Mr. Greenwell has served as a Partner and Chief Financial Officer of a private equity investment and advisory firm since September 2014. Mr. Greenwell previously served as the Chief Financial Officer and Executive Vice President of Sabre Industries Inc. from April 2013 until May 2014. From January 2012 until March 2013, Mr. Greenwell served as Senior Vice President and Chief Financial Officer of Tronox Limited. Prior to that, Mr. Greenwell served as Senior Vice President and Chief Financial Officer of Terra Industries, Inc., from 2005 until its acquisition by CF Industries Holdings, Inc. in April 2010. He also served on the Board of Directors of Terra Nitrogen Company, L.P., a Master Limited Partnership, from March 2008 until April 2010. Mr. Greenwell has held various executive leadership positions at a number of public companies, including Belden Inc., Zoltek Companies Inc., and Sigma Chemical Company.

CFO: Are You Looking For Career Opportunities?

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As 2015 was coming to an end, CFO Moves reached and surpassed the 3,000 subscriber mark. This means that over 3,000 people receive CFO Moves in their inbox as soon as it is published every Monday morning.

A large number of the people that receive CFO Moves by email and visit the website each week are CFOs and senior finance executives that want to be aware of what is happening in the CFO market. In fact, I receive requests from CFOs who want to know more information about career openings that they see in the weekly CFO Moves report.

CFO Moves has become the “go-to” resource for those who want to be aware of CFO career movement. CFO Moves meets the needs of all of you who want to be in the know about CFO career moves.

With the start of 2016, it’s time to take CFO Moves to the next level.

Introducing CFO Search Report

CFO Search Report continues where CFO Moves leaves off.

CFO Search Report is a monthly CFO-only newsletter that endeavors to report on the CFO career opportunities that are listed each week in CFO Moves, as well as those that are not reported in CFO Moves.

CFO Search Report will rely upon you reporting details about CFO career opportunities you become aware of.

How to Report a CFO Career Opportunity

You can report a CFO career opportunity if you:

  • are a CFO that has been approached for an opportunity;
  • are an executive search firm with a CFO search mandate;
  • represent a company searching for their next CFO; or
  • are otherwise aware of a CFO career opportunity.

To report a CFO Career Opportunity, please click here.

How to Receive the CFO Search Report

CFO Search Report is published monthly and is exclusively for the benefit of Chief Financial Officer and other senior finance executives.

To subscribe to the CFO Search Report, please click here.

Thank you for continuing to be a loyal CFO Moves reader. We look forward to continuing to add value to you in 2016.

Sincerely,

Samuel

CFO Moves – week ending January 8, 2016

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CFO Moves this week include:

RE/MAX Holdings, Inc. RetailMeNot, Inc. Clean Harbors, Inc.
GSE Environmental Oak Valley Bancorp North Highland
TWO MEN AND A TRUCK Evolving Systems, Inc. Compeat
Infoblox Inc. Sage Growth Partners Allison Transmission Holdings Inc.
Hancock Fabrics, Inc. Envision Business Consulting Protective Life Corporation
Ophthotech Corporation Codiak BioSciences Inc. Good Start Genetics, Inc.
eFileCabinet, Inc. BioDuro, LLC NetApp, Inc.
Eldorado Resorts, Inc. Owens Realty Mortgage, Inc. EnerBank USA
eBags SmartSource Computer & Audio Visual Rentals Ice Energy
VECTRA Constellation West Scenic Hudson, Inc.
Blue Coat Systems, Inc. DS Healthcare Group Meritage Homes 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.

Should you have any CFO Moves to report, please email us.

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

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RE/MAX Holdings, Inc.  [DENVER] (NYSE: RMAX)  appointed Karri Callahan, Vice President and Corporate Controller, to the position of CFO, after former CFO and COO Dave Metzger is retiring. Ms. Callahan joined RE/MAX in April 2013 as Senior Manager of SEC Reporting and was promoted to Vice President, Corporate Controller in June 2014. She served as the Company’s Acting Chief Accounting Officer from November 6, 2014 to January 26, 2015 and as Acting Chief Financial Officer from December 31, 2014 through January 26, 2015. Prior to joining RE/MAX, Ms. Callahan worked at Ernst & Young, LLP most recently as Senior Manager since 2008.

RetailMeNot, Inc.  [AUSTIN, Texas] (NASDAQ: SALE) announced that J. Scott Di Valerio was appointed as its chief financial officer, replacing interim CFO Louis Agnese. In 2010, Scott joined Outerwall as the company’s chief financial officer, and served in that role until he was appointed CEO in late 2013. Prior to Outerwall, Scott served as president of the Americas for the Lenovo Group Limited, and he held senior positions at Microsoft Corporation as corporate vice president of Microsoft’s OEM division and as corporate vice president of finance and administration and chief accounting officer. Previously Scott served in management positions at The Walt Disney Company and Mindwave Software Inc., and as a partner at PricewaterhouseCoopers.

Clean Harbors, Inc.  [NORWELL, Mass] (NYSE: CLH) announced the appointment of Michael L. Battles, as Executive Vice President and Chief Financial Officer (CFO), as part of a planned transition. James M. Rutledge, the Company’s CFO since 2005, will remain in his role as Vice Chairman and President. Mr. Battles has served as the Company’s Senior Vice President, Corporate Controller and Chief Accounting Officer since 2013. Prior to Clean Harbors, Mike spent 12 years in a variety of senior financial positions at PerkinElmer Inc.  Most recently, he was Vice President and Chief Financial Officer of PerkinElmer’s Human Health business. Prior to his role in Human Health, he served as Chief Accounting Officer for several years and Acting Chief Financial Officer during a one-year search period. Prior to PerkinElmer, Mike held several positions at Deloitte & Touche LLP from 1990 to 2001.

GSE Environmental [HOUSTON] announced that Thomas Wright will be the company’s new CFO. Thomas was formerly CFO and EVP of Sterling Construction. Previously, Thomas was CFO of St. Mary’s/CBM. Additionally, he has also held senior management positions with Boart Longyear, a drilling services and products manufacturer, Allied Signal, and others.

Oak Valley Bancorp [OAKDALE, CA] (NASDAQ: OVLY)  announced the promotion of Jeff Gall as CFO, replacing Rick McCarty. Jeff has been the Vice President of Finance and Accounting for the Bank since 2006.

North Highland [ATLANTA] welcomes Beth Schiavo to the firm’s executive team as Chief Financial Officer. Previously, Schiavo served as assurance partner at Ernst & Young.

TWO MEN AND A TRUCK [LANSING, Mich] announced the promotion of Jeff Wesley from Chief Financial Officer to Chief Executive Officer.

Evolving Systems, Inc.  [ENGLEWOOD, CO] (NASDAQ: EVOL) announced that Dan Moorhead, formerly Vice President, Finance and Administration, has been promoted to Chief Financial Officer. Previously Mr. Moorhead held various management positions at High Country Club, Convergent Communications and the public accounting firm of Malouff and Co.

Compeat [AUSTIN, Texas] announced that Kerry Carney joined the executive team as the company’s Chief Financial Officer. Mr. Carney joins Compeat from Profiles International.

Infoblox Inc. [SANTA CLARA, Calif.] (NYSE: BLOX) announced that Janesh Moorjani has joined Infoblox as executive vice president and chief financial officer. Moorjani joins Infoblox from VMware. Prior to VMware, Moorjani had a successful finance and sales career at Cisco. Previously, Moorjani worked at Goldman Sachs, rising to vice president in the firm’s merchant banking division in Silicon Valley.Melissa Pitchford

Sage Growth Partners (SGP) [Baltimore, MD] announced the appointment of Melissa Pitchford as the firm’s first Chief Financial Officer (CFO). Prior to joining SGP in 2014, Ms. Pitchford was the CFO of Katzen Eye Group. From 2002-2011, Pitchford earned multiple promotions, shareholder status, and ultimately a position as chair of the medical practice group for KatzAbosch.

Allison Transmission Holdings Inc.  [INDIANAPOLIS] (NYSE: ALSN) announced that David S. Graziosi, currently Chief Financial Officer, has been promoted to the additional role of President. Graziosi joined Allison in November 2007 as Executive Vice President, CFO and Treasurer, shortly after the Company’s sale by General Motors to The Carlyle Group and Onex Corporation. The company begins its search for a new CFO.

Hancock Fabrics, Inc. [BALDWYN, Miss.] (OTC: HKFI)  announced the appointment of Rebecca I. Flick as Executive Vice President and Chief Financial Officer. Ms. Flick currently serves as the Chairman – Finance Committee of the Marcus Autism Center Board of Trustees and is a director of the National Monuments Foundation Board and a member of the University of Tennessee Finance Department Advisory Board. From 2013 to September 2014, she served as Global Vice President – Finance and Treasurer at Recall Corporation, and from 2012 to 2013, she served as Enterprise Vice President – Finance and Treasurer at ServiceMaster Global Holdings, Inc. 2011 to 2012, Ms. Flick served as Senior Vice President and Chief Financial Officer at SecurAmerica, LLC. Prior to that she spent approximately 14 years at The Home Depot, Inc., in various positions, including Vice President – Finance and Treasurer.Colleen Kasch

Envision Business Consulting [DENVER] announced the addition of Colleen Kasch as its first official Chief Financial Officer. Kasch, a CPA, has worked with many mid-sized construction, development, service, architectural, venture capital, and other companies as CFO, Controller, and/or Consultant.

Protective Life Corporation [BIRMINGHAM, Ala.] announced that Steven G. Walker has been named Executive Vice President, Chief Financial Officer and Controller, replacing Richard J. Bielen, who has been named President and Chief Operating Officer of the Company. Walker will continue leading the accounting function at Protective in addition to his position as Chief Financial Officer. Mr. Walker joined Protective Life in 2002 and has served as the Chief Accounting Officer and Controller since 2003.

Ophthotech Corporation [NEW YORK] (NASDAQ: OPHT) announced that Glenn P. Sblendorio, a leading industry veteran, will be joining the Company as Executive Vice President, Chief Operating Officer and Chief Financial Officer, replacing Michael G. Atieh. Mr. Sblendorio is joining Ophthotech from The Medicines Company, where he most recently served as President and Chief Financial Officer. He has held a variety of senior management positions at Hoffmann-LaRoche, Inc., Eyetech Pharmaceuticals Inc. and MPM Capital Advisors, LLC. Mr. Sblendorio has served as a member of the Board of Directors and the Audit Committee Chairman of Ophthotech.

Codiak BioSciences Inc. [CAMBRIDGE, Mass.] announced that Linda Bain will be its first chief financial officer. Linda Bain joined Codiak from Avalanche Biotechnologies where, as chief financial officer, she led a successful IPO and follow-on financing. She previously served as vice president of finance, business operations and treasurer at Bluebird Bio. Ms. Bain has held senior roles at Genzyme Corporation, including vice president of finance, global manufacturing and operations and vice president of finance of Genzyme Genetics. Earlier in her career, she served in senior finance roles at Fidelity Investments and AstraZeneca Pharmaceuticals and as an auditor at Deloitte & Touche.

Good Start Genetics Inc. [CAMBRIDGE, Mass] a commercial-stage molecular genetics information company, announced today that it has appointed Marc Jones to the post of chief financial officer (CFO). Jones joins Good Start Genetics from T2. Previously, Jones served as chief financial officer of Crashlytics, Ivenix and CHiL Semiconductor.

eFileCabinet, Inc. [LEHI, Utah] is pleased to announce Alan Taylor has accepted the position of Chief Financial Officer. Taylor assumes the CFO role previously held by Jeff Coulter, who will now serve as COO of the company. Most recently, Taylor comes from Adaptive Computing Enterprises, and also has experience working with companies like Helius, Novell, Honeywell, Ford Motor Company, and Boeing.

BioDuro, LLC [SAN DIEGO] announced the appointment of Ian R Wisenberg as Chief Financial Officer. Mr. Wisenberg joins the company after having served for the past seven years as Managing Director of BioGlobal Consulting Group where he worked closely with several growth companies including Genalyte, Intrinsic Lifesciences, Excaliard Pharmaceuticals, and more recently Molecular Response and Formex.  Mr. Wisenberg also served as Chief Business Officer for the Biotech Investment Group. From January 2009 to December 2012, Mr. Wisenberg served as Managing Director for ChinaBio Capital Partners.

NetApp, Inc. [SUNNYVALE, CA] (NASDAQ: NTAP) announced that its CFO, Nick Noviello has decided to pursue another opportunity. Jeffrey Bergmann, vice president of corporate finance, will assume the role of interim chief financial officer. Jeffrey Bergmann joined NetApp in June 2009 as vice president of global tax. Since August 2015, Mr. Bergman has served as NetApp’s vice president of corporate finance. From 2003 to 2008, Mr. Bergman was senior vice president, tax and administration at Verisign, Inc. Prior to 2003, Mr. Bergmann was a federal tax partner at KPMG LLP.

Eldorado Resorts, Inc. [RENO, Nev] (NASDAQ: ERI) Chief Financial Officer, Bob Jones, announced his intention to retire, effective March 15, 2016. Tom Reeg, President of Eldorado Resorts Inc., will assume the additional title and responsibilities of Chief Financial Officer upon Mr. Jones’ retirement.

Owens Realty Mortgage, Inc. [WALNUT CREEK, CA] (NYSE MKT: ORM) announced that Bryan Draper, Chief Financial Officer and Treasurer of ORM, has been promoted President and Chief Executive Officer. Melina Platt will be succeeding him as Chief Financial Officer and Treasurer of the Company. Ms. Platt has been the Controller of the manager since May 1998 and was previously a Senior Manager with KPMG in the San Francisco Bay Area practice.Kristen Dittmer

EnerBank USA [SALT LAKE CITY] announced Kristin Dittmer will assume the role of Executive Vice President and Chief Financial Officer, replacing Charlie Knadler, who was promoted President and CEO. Dittmer was previously Executive Vice President of Finance and Credit at EnerBank. She joined EnerBank in 2010 as Senior Vice President and Chief Credit Officer. Previously she served as Chief Credit Officer of BMW Bank of North America. She began her banking career as a Financial Examiner for the Utah Department of Financial Institutions.

eBags [DENVER] announced the appointment of Dan Hogan as the company’s Chief Financial Officer (CFO) and Chief Operating Officer (COO). Hogan joins the company with a solid history of executive leadership. He spent nine years at the Coleman Company where he was CFO and COO. Prior to Coleman, Hogan had senior operations roles at Easton-Bell Sports and World Kitchen, whose brands include Corningware, Corelle, Pyrex, Ecko, and Revere. Earlier in his career, he was Vice President, Finance, at a division of Georgia Pacific as well as at the Fort James Corporation.

SmartSource Computer & Audio Visual Rentals [HAUPPAUGE, N.Y.] announced that Stephen Rupolo, the company’s Chief Financial Officer (CFO), will move to a newly-created position as Vice President – Product Strategy. Rupolo joined SmartSource Rentals as the Corporate Controller in 1987. In 1996, he was named Vice President and in 2004, he was promoted to Senior Vice President and Chief Financial Officer (CFO). Charles Costenbader

Ice Energy [SANTA BARBARA, CA] has hired Charles Costenbader as its new Chief Financial Officer. Costenbader most recently served as Chief Operating Officer of Synthesis Energy Systems, based in Shanghai, China. Prior to that he was Chief Financial Officer. He has 25 years of physical asset operations and commodity risk management experience in the power generation, refining, natural gas storage, biofuels, and renewable energy sectors. This includes 10 years in the Structured Finance Group of GE Capital and energy commodities at Macquarie Bank.

VECTRA [ST. LOUIS] formerly OM Group, Inc., announced that Manavendra Sial has been appointed its Executive Vice President and Chief Financial Officer. Manavendra brings over 20 years of experience from SunEdison, Inc. and General Electric (GE). Most recently, Mr. Sial served as Senior Vice President-Finance and Deputy Chief Financial Officer for SunEdison. Prior to that, he served as Chief Operating Officer for SunEdison’s APAC andSouth Africa business.  Manavendra also held various financial and management positions at GE, most recently as the CFO for GE’s Power Delivery business.

Constellation West [WASHINGTON] announced that Dale Stucke has joined the company as chief financial officer. Stucke is a seasoned finance executive and certified public accountant with more than 25 years of experience with Fortune 500, small and private corporations, including some of the largest leaders in government industry such as BearingPoint, Booz Allen Hamilton, General Dynamics, GTSI Corp., Unisys and, most recently, USIS.

Scenic Hudson [HUDSON VALLEY, N.Y.] has named Jason Camporese of Hopewell Junction as the nonprofit group’s new chief finance officer. Mr. Camporese began his career in public accounting, where he served as an audit manager and senior auditor during a seven-year tenure with firms in New York City and White Plains. After his time in public accounting, Mr. Camporese spent four years as finance director of the New York City-based nonprofit sports and fitness center Asphalt Green.Nick Noviello

Blue Coat Systems, Inc. [SUNNYVALE, CA] introduced new chief financial officer (CFO), Nick Noviello, replacing Gregg Hampton. Noviello has over 20 years of leadership experience in financial and operational roles. At NetApp, which he joined in 2008, and was CFO for the last four years. Prior to joining NetApp, Noviello spent eight years at Honeywell International.

DS Healthcare Group [Pompano Beach, Fla.] Mark Brockelman has joined the company and will oversee all aspects of the financial departments within the organization. Prior to joining DS Healthcare, Brockelman served as the Chief Financial Officer for National Dentex Corporation as well as the Senior Vice President/Chief Financial and Administrative Officer of the Miami Dolphins and SunLife Stadium. He also served as the Chief Financial Officer at eScreen, Inc. Prior experience also includes four years as the Executive Vice President and Chief Financial Officer at Ascend Media LLC. He previously spent five years at American Media, Inc. (AMI). Mark was AMI’s Vice President of Finance and Chief Accounting Officer. In his early career, Brockelman spent seven years at Arthur Andersen LLP in Chicago and West Palm Beach, culminating in his role as a Senior Audit Manager.

Larry Seay

Meritage Homes Corporation [SCOTTSDALE, AZ] (NYSE: MTH) announced that Larry W. Seay, executive vice president and chief financial officer, will retire on March 31, 2016, concluding a 30-year career in homebuilding. Mr. Seay will be succeeded by Hilla Sferruzza, Meritage’s current senior vice president and chief accounting officer. Sferruzza joined Meritage in 2006 to be corporate controller in charge of the company’s accounting and financial reporting functions. She was named chief accounting officer in 2010 and senior vice president in 2013.

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