Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, Fintech, DeFi, Blockchain, Web 3 News

CFO Moves – week ending August 31, 2012

CFO Moves this week include:


Southwest Airlines (NYSE: LUV) announced that its Senior Vice President of Finance and Chief Financial Officer, Laura Wright, has advised the Company of her decision to retire and that Tammy Romo has been named to succeed Wright as Senior Vice President of Finance and Chief Financial Officer. Romo has been serving Southwest as Senior Vice President of Planning. She joined Southwest in 1991 as Manager of Financial Reporting and has previously served as Director of Investor Relations, Vice President – Treasurer, Vice President – Controller, and Vice President of Financial Planning. Prior to joining Southwest, Romo was an audit manager at Coopers & Lybrand, LLP. The leadership changes will be effective Sept. 20, 2012. Wright will remain with the Company through yearend to assist with the transition. As CFO, Romo will retain her leadership over the Financial Planning and Analysis, and Strategic Planning functions from her current role.

Pandora Media, Inc. (NYSE: P) announced that its Chief Financial Officer, Steven Cakebread, will be leaving the Company later this year. Mr. Cakebread agreed to remain with the Company through December 2012 if needed. Ingram Micro

Ingram Micro Inc. (NYSE: IM) announced that Paul Read, chief financial officer and executive vice president for Flextronics will serve as an independent director, and was appointed to serve as a member of the Audit and the Human Resources Committees. Read has served as chief financial officer and executive vice president for Flextronics since June 30, 2008. Previously he served as the company’s executive vice president of Finance for Worldwide Operations. Prior to joining Flextronics in 1995, he held various senior financial positions in the United Kingdom with Allied Steel and Wire, STI Telecommunications and Associated British Foods. (LOGO)

DentalPlans.com announced it has appointed Robert Solarana as the company’s Chief Financial Officer (CFO). Solarana most recently served as the CFO with The Fragrance Outlet, Inc. His prior work experience includes various financial roles at Burger King Corp., GE Equity, and Ernst & Young LLP

First National Community Bancorp, Inc. (OTC: FNCB), the parent company of Dunmore-based First National Community Bank, announced the appointment of James M. Bone Jr. as its Executive Vice President and Chief Financial Officer. A 26-year veteran of the Company, Mr. Bone most recently served as Executive Vice President, Information Technology & Operations, a position into which he was promoted in April 2011. He joined First National Community Bank in 1986 as an Internal Auditor and has since held positions of progressive responsibility across the Company, including Loan Administration/Compliance Division Manager, Commercial Lender, Branch Administrator, Administrative Services Division Manager and Information Technology and Operations Unit Manager/Chief Information Officer. Prior to his tenure with First National Community Bank, Mr. Bone served as an accountant with J.H. Williams & Co. of Kingston, Pennsylvania. Mr. Bone succeeds Edward J. Lipkus as Chief Financial Officer.

QinetiQ North America announced the appointment of Gary Slack as executive vice president and chief financial officer. Prior to joining QNA, Slack spent 13 years with BAE Systems, serving most recently as the president of the company’s U.S. Combat Systems business. Prior to joining BAE Systems, Slack was the director of group finance for TRW’s Systems and Information Technology Group. He has also held positions at BDM International, Inc., Honeywell Federal Systems, Inc. and the Virginia Department of Taxation.

NeoMedia Technologies, Inc. announced Jeff Huitt as its newly appointed Chief Financial Officer. Huitt replaces Colonel Barry S. Baer who has been NeoMedia’s part time CFO since February 2012. Colonel Baer will continue to be NeoMedia’s Corporate Secretary. Huitt’s experience includes Orion Consulting, where he spent the last nine years as Principal and Consultant. Prior to Orion Consulting, Huitt acted as CFO at XsunX, Inc., Parking Stripes Advertising, Diamondback Tactical, iSherpa Capital and AirCover Network Solutions.

Dynacq Healthcare Inc. (NASDAQ: DYII) has placed CFO Philip Chan on administrative leave, pending an investigation.

Life Partners Holdings, Inc. (NASDAQ: LPHI) announced the termination of Scott Dubs as Chief Financial Officer. The company had hired Mr. Dubs as of August 20, 2012. The CFO position has been vacant since the departure of Mr. David Martin, who had served as our CFO since 2008.

Ralph Lauren Corporation(NYSE: RL) announced the appointment of Christopher H. Peterson as Senior Vice President and Chief Financial Officer. Over the last 20 years, Mr. Peterson has held several successively senior corporate and operational roles throughout The Procter & Gamble Company, most recently as Chief Financial Officer of its Global Household Care division. Mr. Peterson began his career in Smith Barney’s investment banking division.

Monarch Financial Holdings, Inc. (NASDAQ: MNRK), the parent company of Monarch Bank and Monarch Mortgage, announced the appointment of James Miller as as Senior Vice President and Chief Financial Officer for Monarch Mortgage. Jim has served in various capacities over his 30-year banking career, most recently overseeing the Retail and Small Business Operations at Fulton Bank. LS9

LS9, Inc. announced that Jon Foster has joined the Company as its Chief Financial Officer (CFO). Mr. Foster He was previously CFO and Executive Vice President of Corporate Development at Atempo, Inc. Prior to Atempo, he was CFO of Keymage, Inc., and before that was Senior Vice President, Corporate Development at publicly traded 8×8, Inc. Prior to moving to the Silicon Valley, Mr. Foster served as a deputy director in the White House Office of Science and Technology Policy and before that worked at the law firm of Crowell & Moring. He is currently on the Board of Directors of the California Clean Energy Fund, a Commissioner of the Palo Alto Utilities Advisory Commission and on the National Advisory Council for Environmental Entrepreneurs (E2).

Orrstown Financial Services, Inc. (NASDAQ: ORRF) announced that David P. Boyle has joined Orrstown Bank as EVP / Chief Financial Officer. Mr. Boyle worked as an accountant for four years following graduation before entering the banking field in 1990 as Vice President, Controller at Wayne Bancorp, Inc., in Wooster, Ohio. As his career progressed at Wayne Bancorp, Inc., Mr. Boyle was named Chief Financial Officer in 1995; President, Chief Operating Officer in 1999; and Chairman, President and Chief Executive Officer in 2001. Wayne Bancorp, Inc. was acquired by National City in 2004 and later PNC Financial Services. His most recent position was Executive Vice President, Chief Performance Officer.

Columbia Banking System and Columbia Bank (NASDAQ: COLB) announced today that Clint E. Stein has been promoted to Executive Vice President and Chief Financial Officer. Mr. Stein joined Columbia in 2005 as Senior Vice President and Chief Accounting Officer. He has served as Acting Chief Financial Officer since May 10, 2012, upon the retirement of Gary R. Schminkey. Prior to Columbia, Mr. Stein was Senior Vice President and Chief Financial Officer for Albina Community Bank in Portland, Oregon.

Novetta Solutions announced the appointment of Richard Sawchak as its new Chief Financial Officer (CFO). Mr. Sawchak comes to Novetta from Shafer Corporation, where he served as Executive Vice President and CFO. Prior to that, Mr. Sawchak served as Senior Vice President and CFO of Paradigm Solutions.

SumTotal Systems, Inc. announced the appointment of Jeff Laborde as its new chief financial officer. Most recently, Laborde was a managing director at Goldman, Sachs & Co. in the Technology, Media & Telecom Group based in San Francisco. Previously, Laborde was a member of the Credit Suisse First Boston Technology Group, also in San Francisco, and of Arthur Anderson’s Enterprise Audit Group in of Washington, D.C.

BankUnited (NYSE: BKU) announced that the company’s Chief Financial Officer, Douglas Pauls, will reach the end of his employment agreement on September 1, 2012. He has agreed to stay on in that role until February 28, 2013, when he will be replaced by Leslie Lunak, currently BankUnited’s Executive Vice President and Chief Accounting Officer. Ms. Lunak joined BankUnited in 2010.

Change Healthcare announced that it has hired William Seibels as chief financial officer. Most recently, he served as senior vice president of finance at Onlife Health. Prior to this, Seibels served as senior vice president of Guardian Home Care Holdings.

KJT Group announced that Michaela Gascon has been appointed Chief Financial Officer. Gascon is a founding researcher at KJT Group. Gascon will continue to serve as Research Director where she leads a healthcare market research team and a portfolio of medical product, healthcare services and pharmaceutical clients conducting domestic and global strategic business insight projects.

Save Mart Supermarkets announced the appointment of Greg Hill as Chief Financial Officer (CFO). Hill began his professional career with Price Waterhouse LLP. He has spent the past 14 years serving on executive leadership teams for both private and public companies, primarily as CFO, but also in General Manager and CEO positions.

Paragon Technologies, Inc. (OTC: PGNT) announced the appointment of Jacob Cherian as Chief Financial Officer, replacing Interim CFO, James D. Floyd, effective immediately. Prior to joining the Company, Mr. Cherian held positions as Chief Financial Officer, Corporate Controller, Group Financial Controller, and various other senior accounting positions. Prior experiences include Corporate Controller of Measurement Specialties Inc. and SL Industries Inc., Chief Financial Officer of GES Global Energy Services, Inc. and AK Stamping/Globe Manufacturing. Most recently, Mr. Cherian served as Controller and VP of Performance Management at FloDesign Wind Turbine Corp.

Mardi 11 Septembre 2012




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