Finyear: New Finance & Blocktech Daily News

Vendredi 25 Mai 2012

CFO Moves – week ending May 18, 2012

CFO Moves this week include:

Twilio announced the hire of Lee Kirkpatrick as CFO. Kirkpatrick comes to Twilio from Say Media Inc., where he was Chief Financial Officer. Prior to Say Media Inc., he held a number of leadership positions at Ofoto, The Kodak Gallery and Reuters America Inc.

Apex Companies, LLC has named Donald D. Olinger its Chief Financial Officer (CFO). Most recently he was the CFO of Power Loft LLC and managing partner of a private consulting firm. Olinger’s additional senior level management experience includes executive positions with Host Hotels and Resorts and MeriStar Hospitality Corporation.

AllianceBernstein L.P. announced the appointment of John C. Weisenseel as Chief Financial Officer. Weisenseel joins the firm from The McGraw-Hill Companies, where he most recently served as Senior Vice President and Chief Financial Officer of Standard & Poor’s since 2007. Prior to Standard & Poor’s, Weisenseel was McGraw-Hill’s Senior Vice President and Corporate Treasurer. He has also served as Vice President and Corporate Treasurer for Barnes & Noble, Inc., and in a variety of derivatives trading and financial positions at Citigroup. Edward J. Farrell, who has served as Interim Chief Financial Officer since February 2011, will return full-time to his responsibilities as AllianceBernstein’s Corporate Controller and Chief Accounting Officer.

Global Franchise Group announced the appointment of its new Chief Financial Officer, Lewis Loeb. Loeb was previously Chief Financial Officer and Treasurer at McAlister’s Corp. for almost fifteen years. Before that he was Vice President and Controller at Delchamps, Inc. for over ten years.

MobileBits Holdings Corp. (OBB: MBIT) announced that Jim Burk joined the company as Chief Financial Officer. Most recently, Mr. Burk served as CFO of Nero AG,, Palace Entertainment Holdings, Inc., and previously held operating and financial positions with NBC Universal Studios. Mike_Smith

McCormick and Company, Inc. (NYSE: MKC) announced that Michael R. Smith has been appointed Chief Financial Officer and Vice President Finance for Europe, Middle East and Africa (EMEA). Mr. Smith joined McCormick in 1991. Most recently he was Vice President Treasury and Investor Relations. Previously, he served as Vice President Finance and Administration of U.S. Consumer Products, Vice President Finance for the U.S. Industrial Group, Director of Corporate Accounting, Corporate Financial Planning Manager and Plant Controller for McCormick’s Hunt Valley, Maryland Plant. Paul_Saleh,_CSC_Vice_President_and_Chief_Financial_Officer

CSC (NYSE: CSC) announced the appointment of Paul Saleh to vice president and chief financial officer. He previously held the position of senior vice president and chief financial officer at Gannett. Prior to his tenure as CFO at Gannett Co., he served as CFO for leading brands including Walt Disney International and Sprint Nextel. Upon leaving Sprint Nextel in 2008, Saleh launched Menza Partners. Saleh succeeds Michael J. Mancuso, who announced his retirement in February 2012.

Gannett Co., Inc. (NYSE: GCI) announced that senior vice president and chief financial officer Paul Saleh has resigned to accept a position with a Fortune 200 company. Effective immediately, Michael Hart, vice president and treasurer, will serve as interim principal financial officer until a permanent CFO is appointed.

Francesca’s Holdings Corporation (NASDAQ: FRAN) announced that it has terminated for cause the employment of Chief Financial Officer Gene Morphis, based on an investigation by the Board of Directors with the assistance of outside counsel, which has found that he improperly communicated Company information through social media. Cynthia Thomassee, Francesca’s Controller since 2007 and Vice President of Accounting since 2010, will serve as Interim Chief Financial Officer.

The McGraw-Hill Companies (NYSE: MHP) announced that Patrick Milano, currently Executive Vice President and Director of the Program Management Office of the Corporation’s Growth and Value Plan, has been appointed to the new position of Chief Financial Officer and Chief Administrative Officer of McGraw-Hill Education.

Kinematics Manufacturing, Inc. appointed Glenn Hines as Chief Financial Officer. Prior to joining Kinematics, Mr. Hines was CFO at multiple companies in the high-tech industry, including Desa, LLC, Saturn Group, Inc., and Allen Rogers, Ltd.

Shopatron announced the appointment of Dave Morrison as its Chief Financial Officer. Before joining Shopatron, Morrison served as CFO at Previously, he spent four years as CFO at Heller Ehrman. Morrison was also the CFO of Consolidated Freightways.

Identropy announced the addition of Carl Aloi as Chief Financial Officer. Prior to Identropy, Carl was Chief Operating Officer at the American Thoracic Society. Before that, Carl served as Vice President of Finance for AppLabs Technologies. Prior to that, Carl served as Controller for several technology companies after beginning his career at Kelly, Lee, and Company CPA Firm.

Reply! Inc. announced the appointment of David White as Chief Financial Officer. Prior to joining Reply!, David was CFO of SolarCity. Before Solar City, he served at Hands-On Mobile. Following a stint as CFO, he was appointed CEO. David’s extensive financial management career also includes serving as vice president of finance for Chiron Corporation; vice president of finance for Cable & Wireless; and vice president of finance and chief accounting officer at Digital Island. Previous CFO Sam Veazey will remain with the company in the role of Executive Vice President, Finance.

Outrigger Enterprises Group announced the appointment of Hans S. Weger to the position of chief financial officer (CFO). Weger replaces former CFO Melvyn Wilinsky, who retired in December 2011 after 19 years with Outrigger. Weger served as chief financial officer, executive vice president and treasurer of LaSalle Hotel Properties from August 1998 to January 2011. In addition to CFO, Weger served as principal accounting officer throughout his employment at LaSalle. Before joining LaSalle Hotel Properties, Weger served as vice president and treasurer for La Quinta Inns, Inc. From 1992 to 1997, he served in various management roles with Harrah’s Entertainment, Inc. Since April 2011, Weger has been an independent director at STAG Industrial, Inc..

Adobe Systems Incorporated (NASDAQ: ABDE) announced the addition of Frank Calderoni as Board Member. Mr. Calderoni is executive vice president and chief financial officer of Cisco. Calderoni joined Cisco in 2004 from QLogic Corporation where he was senior vice president and chief financial officer. Prior to that, he was senior vice president, Finance and Administration and chief financial officer for SanDisk Corporation. Before joining SanDisk, Calderoni spent 21 years at IBM, where he became vice president and held controller responsibilities for several divisions within the company.

IntegenX Inc. announced the appointment of David V. Smith as Chief Operating Officer. Most recently, he was Executive Vice President and Chief Financial Officer of Thoratec Corporation. Prior to joining Thoratec in 2006, Mr. Smith served as Vice President and Chief Financial Officer of Chiron Corporation, a company he joined in 1999. At Chiron, he held a number of increasingly responsible positions including Vice President, Principal Accounting Officer and Controller, and Vice President of Finance. Prior to Chiron, Mr. Smith served as the Vice President of Finance and Chief Financial Officer at Anergen Incorporated from 1997 to 1999. From 1988 to 1997, Mr. Smith served in various financial management positions with Genentech, Inc., both in the United States and Europe. He previously held finance positions at Syntex Corporation and IBM Corporation. Mr. Smith is currently chair of the Audit Committee and a Director of OncoGenex Pharmaceuticals, Inc. and was previously chair of the Audit Committee and a Director of Perlegen Sciences, Inc.

MEMC Electronic Materials, Inc. (NYSE: WFR) announced that it will transition the Chief Financial Officer role to Brian Wuebbels from the company’s current CFO, Mark Murphy. Mr. Murphy resigned as MEMC’s Chief Financial Officer, to return to Praxair, Inc. to become President, Praxair Surface Technologies. Mr. Wuebbels has been appointed to the position of Executive Vice President and Chief Financial Officer succeeding Murphy effective the same date. Mr. Wuebbels has been with MEMC since 2007, most recently as Vice President and General Manager – Balance of System Products. At MEMC, he has also served as Vice President, Solar Wafer Manufacturing, Vice President of Financial Planning and Analysis, and Vice President Operations Finance. Before joining MEMC, Wuebbels was Vice President and CFO of Honeywell’s Sensing and Controls Business. Prior to Honeywell, Mr. Wuebbels spent 10 years at the General Electric Company in various senior finance and operations roles in multiple businesses around the world.

Crexendo, Inc. (AMEX: EXE) announced that Jon Erickson has resigned from the position of Chief Financial Officer (CFO). Mr. Erickson will remain with the company in a transition period through the end of June 2012. He will continue as a consultant through the end of October 2012 to assist with the transition. The Company has appointed Ron Vincent as its CFO. Mr. Vincent was recently hired as VP of Finance for Crexendo. Prior to that, Mr. Vincent was an audit senior manager for Ernst & Young, LLP.

The McClatchy Company (NYSE: MNI) named Elaine Lintecum as vice president, finance and chief financial officer. Lintecum has served as McClatchy’s treasurer since 2002 and spent the last 24 years in McClatchy’s corporate finance department holding a variety of key positions, including financial analyst, investor relations manager and assistant treasurer. She was McClatchy’s financial reporting specialist for U.S. Securities and Exchange Commission filings. Lintecum will retain the duties of treasurer in her new position. Lintecum replaces Patrick J. Talamantes, who today becomes McClatchy’s president and chief executive.

Aconex announced that Steve Recht has been appointed to the position of Chief Financial Officer (CFO). Mr. Recht held senior financial and operations roles at noteworthy private and public companies, including Shutterfly and NetGravity Corporation.

Michaels Stores, Inc. announced that its Board of Directors has established an interim Office of the Chief Executive Officer to provide ongoing leadership and continuity for the business in the absence of current CEO John Menzer who is on medical leave. The Office of the CEO will be filled by Lew Klessel, Managing Director with Bain Capital Partners, LLC, and Charles “Chuck” Sonsteby, the Company’s Chief Administrative Officer and Chief Financial Officer. Messrs. Klessel and Sonsteby will temporarily assume the responsibilities of the CEO and will report directly to the Board of Directors.

Strategic Products and Services (SPS) announced the addition of John R. McGovern as Chief Financial Officer (CFO). McGovern joins SPS from Glowpoint Inc. where he served as Executive Vice President and Chief Financial Officer. He began his career with Avaya, Lucent Technologies and AT&T. He is a member of the Board of Directors for Affinity Federal Credit Union and serves as Chairman of their Supervisory Committee.

University of Virginia announced the upcoming retirement of its Vice President and Chief Financial Officer Yoke San L. Reynolds.

Gale Force Petroleum Inc. (OTC: GFPMF) announced today that hiring of Guillaume Dumas as its Interim Chief Financial Officer. Antoinette Lizzi, who stepped down from the position of Chief Financial Officer, will continue serving the Company as a consultant. Guillaume Dumas, also currently a Director of the Company, is a member of the Quebec bar and has over 20 years experience in financial reporting, mergers and acquisitions, private equity and asset-based lending.

Command Center, Inc. (OTC: CCNI) announced the appointment of Dan Jackson as the company’s Chief Financial Officer. Mr. Jackson recently served as Executive VP, CFO of Red Lion Hotels Corporation. Mr. Jackson replaces Ralph E. Peterson, who had served as transitional CFO since December 2011 and will continue to serve as a director on Command’s board. From January 2005 to June 2006, Mr. Jackson served as Executive VP, CFO of Knowledge Learning Corporation. Previously Mr. Jackson had served in various financial/executive positions at KinderCare since March 1997, including the position of Executive VP, CFO from November 2002 to January 2005.

First Financial Service Corporation (NASDAQ: FFKY) and its subsidiary, First Federal Savings Bank of Elizabethtown, announced that Frank Perez joins the Company and the Bank as Executive Vice President and Chief Financial Officer. Most recently, Mr. Perez served three years as Chief Financial Officer and Investment Relations Officer for publicly traded Tennessee Commerce Bancorp, Inc. and its subsidiary, Tennessee Commerce Bank in Franklin, Tennessee. Prior to that he served as the Chief Financial Officer for Cumberland Bank & Trust in Clarksville, Tennessee.

Bertram Capital announced the promotion of Ingrid Swenson to Partner and Managing Director. Ms. Swenson, the Chief Financial Officer at Bertram, has been with the firm since its inception in 2006. In addition to her finance and administration responsibilities, Ms. Swenson serves as the firm’s Chief Compliance Officer, ensuring Bertram is at the forefront in instituting proper controls and maintaining compliance with all required industry regulations. Most recently, Ingrid and her team designed and rolled-out a comprehensive internal compliance program, coinciding with the firm’s registration with the SEC as a Registered Investment Advisor. Prior to Bertram, Ms. Swenson was Controller of Mayfield Fund. Previous to Mayfield Fund, Ingrid was a Senior Manager at PricewaterhouseCoopers in its Life Science and Venture Capital practice. Ingrid currently serves on the board of directors of the West Coast Chapter of the Private Equity Chief Financial Officer Association and is a member of the American Society of Women Accountants.

Lantheus MI Holdings, Inc., parent company of Lantheus Medical Imaging, Inc. announced the appointment of Samuel R. Leno as a member of its Board of Directors. Mr. Leno will also serve as the Chairman of the Audit Committee of the Board. He most recently held the positions of Executive Vice President and Chief Operations Officer at Boston Scientific. He previously served as Executive Vice President, Finance and Information Systems and Chief Financial Officer. He retired from Boston Scientific in December 2011. Prior to joining Boston Scientific, Mr. Leno served as Executive Vice President, Finance and Corporate Services and Chief Financial Officer at Zimmer Holdings, Inc. Mr. Leno previously held a number of financial leadership positions at Arrow Electronics, Inc., Corporate Express, Inc., Coram Healthcare and Baxter International, Inc. Mr. Leno recently served on the Board of Directors and as a member of the Audit Committee of TomoTherapy, Inc., and is also a member of the Advisory Board of the Harvard Business School Healthcare Initiative.

Key Technology, Inc. (NASDAQ: KTEC) announced that John J. Ehren has been selected to succeed David M. Camp as President and Chief Executive Officer of the Company, who has advised the Company that he is resigning from all positions with the Company and the Board of Directors. In addition to Ehren’s election to President and CEO, he has been appointed to serve as a member of the Company’s Board of Directors. Ehren has served Key Technology as Executive Vice President and COO/CFO since December 2011. He joined the Company in 2008 as Senior Vice President and Chief Financial Officer. During 2009, he additionally served as General Manager of SYMETIX(R), the Company’s pharmaceutical division. During 2010, he additionally assumed the duties of the Senior Vice President of Global Operations for a significant portion of the year. Prior to joining Key, Ehren was with Planar Systems, Inc. where he served in several officer positions, including Vice President of Global Operations, Vice President of Finance, Corporate Controller and Treasurer. Johnson_Brion

The Hartford Financial Services Group Inc. (NYSE: HIG) has promoted Brion Johnson to the position of chief investment officer and president of Hartford Investment Management Company. Johnson succeeds Hugh Whelan, who was named the acting head of Hartford Investment Management Company following the departure of the previous leader. Whelan will retire from the firm following a transition period, as was his ultimate intent when he assumed the interim leadership role. Johnson was Hartford Investment Management Company’s chief financial officer and head of strategy and development. Prior to joining The Hartford, Johnson served as executive vice president and head of portfolio management for PPM America, Inc., the North American subsidiary of London-based Prudential, plc. Johnson also held management positions at the Kemper Corporation and Jackson National Life Insurance Company.

First National Community Bancorp, Inc. (OTC: FNCB), the parent company of Dunmore-based First National Community Bank, announced that Edward J. Lipkus has notified the Board of Directors of his resignation as Executive Vice President and Chief Financial Officer. Mr. Lipkus, who joined FNCB in September 2010, is leaving to pursue other opportunities.

American Eagle Outfitters, Inc. (NYSE: AEO) announced that its chief financial officer, Joan Hilson, is stepping down. Effective immediately, Scott Hurd, AEO’s vice president and controller, will lead day-to-day management of the finance team, and assume the roles of interim principal accounting officer and interim principal financial officer until a successor is appointed.

iGo, Inc. (NASDAQ: IGOI) announced that Darryl Baker has resigned from his position as Vice President and Chief Financial Officer in order to pursue other opportunities.



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