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CFO Moves - week ending June 1, 2012


CFO Moves this week include:



Deere & Company (NYSE: DE) announced that Rajesh Kalathur has been appointed Senior Vice President and Chief Financial Officer. He will replace James M. Field, previously SVP and CFO, who has been appointed President, Agriculture & Turf Division – Americas, Australia and the Global Harvesting and Turf Platforms.

Vista Gold Corp. (NYSE: MKT) announced the appointment of John F. (“Jack”) Engele as Sr. Vice President – Chief Financial Officer (“CFO”) of the Corporation. Terri Eggert, Interim Chief Financial Officer, will continue with the Corporation for a short period to ensure a smooth transition. Most recently Mr. Engele was the Sr. Vice President – CFO of Electrum Ltd. Previously, Mr. Engele served as the CFO of AngloGold Ashanti, North America and Vice President Finance – CFO of Queenstake Resources Ltd. Mr. Engele also has prior experience with Vista, having served as the Corporation’s Vice President Finance – CFO from 2001-2003.

Informative Graphics announced that it has hired Jay Mayne as its new CFO and Vice President of Operations to replace the previous CFO who retired in April after 18 years with the company. Before joining IGC, he was Director of Finance at Viasoft, Inc.

Applied Minerals, Inc. (OTC: AMNL) announced the appointment of Nat Krishnamurti as the Company’s Chief Financial Officer. Mr. Krishnamurti replaces the Company’s Interim Chief Financial Officer, Chris Carney, who will assume the role of Vice President for Business Development and Corporate Strategy. Mr. Krishnamurti was previously employed by inVentiv Health, Inc. During his 11-year tenure at inVentiv, Mr. Krishnamurti served as VP – Accounting and Reporting, Chief Accounting Officer, VP – Corporate Finance, and Director – Treasury, Consolidations and Financial Reporting.

IceWEB Storage Corporation (OBB: IWEB) announced the appointment of CFO Mark Lucky as interim COO in the wake of the sudden passing of IceWEB’s former CEO John Signorello.

Navarre (NASDAQ: NAVR) announced that it has appointed Diane D. Lapp as its Chief Financial Officer. Lapp has been with Navarre since 2003. She has been serving as Interim Chief Financial Officer since October 2011 and was previously Vice President of Finance since May 2005. Prior to joining Navarre she was the Corporate Controller for Crystal Farms, a division of Michael Foods, from 1999 to 2003.

Brown Shoe Company, Inc. (NYSE: BWS) announced that Russ Hammer has been named chief financial officer of the company, replacing Mark Hood as of June 11, 2012. Hood will assist with the transition of duties. Hammer most recently served as chief financial officer of Orbitz Worldwide. Prior to that role, he was chief financial officer of Crocs, Inc. Hammer began his career at Motorola, Inc., where he held a variety of senior executive positions, including chief financial officer of the company’s Connected Home Solutions business, chief audit officer, chief financial officer of the Asia Cellular Subscriber business, and chief financial officer of the Global Paging Subscriber business.

Orbitz Worldwide (NYSE: OWW) announced that Russell Hammer resigned as the company’s Senior VP and CFO. The company appointed David Belmont as Interim CFO and Principal Financial Officer. Prior to being appointed Interim Chief Financial Officer, Mr. Belmont has served as the Company’s Group Vice President, Financial Planning & Analysis since April 2010. Before then, Mr. Belmont was the Company’s Vice President, Business Planning from January 2005 to April 2010. Before joining the Company, Mr. Belmont served as Director, Corporate Planning at Cendant from March 2003 to January 2005, and in several corporate planning, investor relations and financial analyst positions at Galileo International between September 1993 and March 2003.

Motricity (NASDAQ: MOTR) named Nathan Fong as its chief financial officer. Interim chief financial officer Stephen Cordial, a partner with Tatum LLC, will stay on with Motricity through a brief transition. Fong joins Motricity from Atrinsic, Inc., where he served as chief financial officer and interim chief executive officer. Prior to joining Atrinsic, Fong served as executive vice president and chief financial officer of The Orchard Enterprise, Inc. Fong has also served as chief financial officer of Rodale International, and Discovery Networks International, a leading media and entertainment company. Earlier in his career, he was divisional vice president of finance at Twentieth Century Fox International.

SmartHeat Inc. (NASDAQ: HEAT) announced the resignation of Ms. Zhijuan Guo, Chief Financial Officer.

The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) announced the appointment of John D. Austin as the company’s CFO. Mr. Austin was previously the Company’s audit committee chairperson and has stepped down from that role.

NCR Corporation (NYSE: NCR) announced the election of Kurt Kuehn to the company’s board of directors. Kuehn is the chief financial officer at UPS. Kuehn and Oppenheimer will serve on the Audit Committee. Prior to his appointment as CFO of UPS in 2008, Kuehn was senior vice president Worldwide Sales and Marketing. Kuehn was UPS’s first vice president of Investor Relations. Since he joined UPS as a driver in 1977, Kuehn’s UPS career has included leadership roles in sales and marketing, engineering, operations, and strategic cost planning.

VentriPoint Diagnostics Ltd. (OTC: VPTDF) announced that it has appointed Christine Deaton as the Company’s Chief Financial Officer and Corporate Secretary. Prior to VentriPoint, Chris held the position of Finance Director at Lexblog, and Accounting Manager, at SourceCode Technology Holdings. She most recently has worked with Pharmacy OneSource in a financial consulting capacity. The Company has accepted the resignation of John Gebhart who was Interim CFO.

Baby All Corp. (OBB: BABA) announced the appointment of Bruce Hall as Chief Executive Officer and Chief Financial Officer. From May 2003 to present, Mr. Hall has been the principal of his own CFO consulting and advisory firm. Since July 2008, Mr. Hall has been the chief financial officer and a director of Triland International, Inc. Since March 2006, Mr. Hall has been the chief financial officer and a director of Nortia Capital Partners, Inc. From March 2006 to April 2009, Mr. Hall was the chief financial officer and a director of Knight Energy Corp.

MSCI Inc. (NYSE: MSCI) announced that David M. Obstler, Chief Financial Officer, is leaving the Company to pursue other interests. The Board of Directors has appointed Robert Qutub to serve as MSCI’s new Chief Financial Officer. As part of an orderly transition, this appointment will be effective immediately after the filing of MSCI’s Quarterly Report on Form 10-Q for the period ending June 30, 2012. Mr. Obstler has agreed to continue as an employee of MSCI until August 31, 2012. Mr. Qutub has been at Bank of America since 1994 and has served in several senior finance positions with his most recent role as Chief Financial Officer of Consumer and Business Banking. Over his career at Bank of America, Mr. Qutub has been the Chief Financial Officer for Global Banking and Markets, Global Sales and Trading, the Merrill Lynch Transition, Global Wealth, Investment Management, Corporate Infrastructure, and Technology. He also served on Bank of America’s Global Corporate Diversity and Inclusion Counsel as well as numerous external advisory boards.

HEICO Corporation (NYSE: HEI.A) announced that as part of its management succession plans, Thomas S. Irwin, HEICO’s Executive Vice President, Chief Financial Officer and Treasurer will be promoted to Senior Executive Vice President, and will continue as a member of the Office of the Chief Executive Officer and the Board of Directors of the Company’s principal subsidiaries. In addition the Company announced that Carlos L. Macau has been appointed Executive Vice President – Chief Financial Officer and Treasurer. Mr. Macau joins HEICO from the international public accounting firm of Deloitte & Touche LLP where he served as Audit Partner and has 22 years of financial and accounting experience serving a number of public and private manufacturing and service clients in a broad range of industries. His client responsibilities included serving as HEICO’s lead client services partner for five years. The Company also announced that Steven M. Walker, currently HEICO’s Corporate Controller, will be promoted to Chief Accounting Officer in addition to his duties as Assistant Treasurer. Mr. Walker has served as our Corporate Controller and Assistant Treasurer since joining HEICO in 2002. Previously, Mr. Walker held various financial positions at Royal Caribbean Cruises Ltd. and AMR Corporation.

Shale-Inland Holdings announced today that Darrell Jean has been named Executive Vice President, Chief Financial Officer. Darrell previously served as CFO of Mueller Water Products, as CFO of Morton Metalcraft as well as in the positions of corporate controller, VP of business development and financial analyst for Fortune 100 companies and privately held businesses.

Atmos Energy Corporation (NYSE: ATO) said that Fred E. Meisenheimer will retire as senior vice president and chief financial officer on October 1, 2012, and that Bret J. Eckert, who is joining the company on June 4 as a senior vice president, will succeed him.

Tri-County Financial Corporation (OBB: TCFC) has named William J. Pasenelli as President, effective May 7, 2012 to succeed Michael Middleton as President. Mr. Middleton will remain Chairman and CEO of Tri-County Financial Corporation. Before his latest appointment, Mr. Pasenelli served as President and Chief Financial Officer of Community Bank of Tri-County. He joined the Bank in 2000. Previously, Mr. Pasenelli had been the Chief Financial Officer of Acacia Federal Savings Bank in Annandale, Virginia.

Tigrent Inc. announced the appointment of Anthony C. Humpage to the Company’s Board of Directors. Mr. Humpage will also serve on the Company’s Audit and Compensation Committees. Mr. Humpage is Chief Financial Officer of the Rich Dad Company, which licenses its Rich Dad(TM) brand to Tigrent for financial education programs. Mr. Humpage was previously Executive Vice President and Chief Financial Officer of Government Liquidation, from 1998 to 2011.

Care Investment Trust Inc. (OTC: CVTR) announced the resignation of Steven M. Sherwyn as Chief Financial Officer and Treasurer of the Company effective as of June 23, 2012.

Kohlberg Capital Corporation (NASDAQ: KCAP) announced the appointment of Edward U. Gilpin as its Chief Financial Officer, succeeding Michael I. Wirth. Most recently, Ted was the Chief Financial Officer at Associated Renewable Inc. From 2008 to 2011, he was the Chief Financial Officer at Ram Holdings Ltd., and prior to that he was the Chief Financial Officer at ACA Capital Holdings, Inc., from 2000 until 2008.

Valerus announced that Eric T. Kalamaras has been appointed as the company’s chief financial officer replacing Todd Rimmer, who is leaving to pursue other opportunities. Kalamaras most recently served as executive vice president and CFO for Delphi Midstream and served as executive vice president and CFO for Atlas Pipeline. Prior to those roles he worked in senior financial leadership positions at Wells Fargo and Bank of America Merrill Lynch.

Walter Energy Inc. (TSX: WLT) announced that it has hired William “Bill” Harvey as its Chief Financial Officer, effective July 9, 2012. Mr. Harvey was previously Senior Vice President and Chief Financial Officer of Resolute Forest Products Inc. (formerly AbitibiBowater Inc.). Mr. Harvey will succeed Robert Kerley, who is serving as Interim Principal Financial Officer and who will continue to serve as Walter Energy’s Vice President, Corporate Controller and Chief Accounting Officer.

Lawrence Livermore National Laboratory has selected Kathy Baker as Chief Financial Officer (CFO). Baker has served in numerous senior operational management roles at the Laboratory, including Work for Others Division manager, deputy controller, controller, and most recently in addition to controller, acting associate director for the Planning and Financial Services Directorate. Prior to joining the Laboratory in 2001, she served as the business manager of the energy and environmental management group at Science Applications International Corporation (SAIC) from 1995-2001; and as the project control, contract administrator and contracting officer at Pacific Northwest National Laboratory from 1984-1995.

The International AIDS Vaccine Initiative (IAVI) announced the appointment of Louis Schwartz as Chief Financial Officer. Prior to joining IAVI, he served as Vice President for Finance and Administration at American Jewish World Service (AJWS). He also previously served as Chief Financial Officer of Neighborhood Housing Services of NYC, Inc. Prior to that, Schwartz held various positions in finance at one of the largest Russian investment banks, Troika Dialog, and in commercial banking in Moscow and New York City. Schwartz is a member of the CFO Roundtable and the Bridgestar New York Non-Profit CFO Network, and sits on the Board of Directors of several nonprofit organizations.

Copyright
www.cfomoves.com

Samuel Dergel - The CFO Expert.

Should you have any CFO Moves to report, please email us.
cfomoves@dergelcfo.com

Vendredi 8 Juin 2012
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