Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, DeFi, Blockchain News

USA | CFO Moves – week ending April 11, 18, 2014

Tracking CFO movement across the USA.

USA | CFO Moves – week ending April 18, 2014

Sallie Mae (NASDAQ: SLM), formally SLM Corporation, announced the appointment of Steven McGarry as executive vice president and chief financial officer of the future holding company of Sallie Mae Bank. The appointment will take effect upon the separation of the consumer banking and loan management, servicing and asset recovery businesses. Most recently, Mr. McGarry was senior vice president, corporate finance. He joined the company’s corporate finance team in 1997. Prior to joining Sallie Mae, Mr. McGarry held treasury positions with Toronto Dominion Bank in both London and New York.

Chase Corporation announced that Kenneth L. Dumas, its Chief Financial Officer & Treasurer has decided to leave the Company at the end of its fiscal year to pursue new opportunities. Mr. Dumas will remain in his role until September 1, 2014 in order to help complete key projects and provide a smooth transition.

The Scotts Miracle-Gro Company (NYSE: SMG) announced that its Board of Directors has named Randy Coleman as executive vice president and chief financial officer. Coleman replaces Larry Hilsheimer, who has left the Company and is pursuing other opportunities. Coleman was most recently senior vice president of operating finance as well as enterprise performance analytics. He joined Scotts Miracle-Gro in 1999. He started as assistant controller of the Ortho business unit. He later acted as director of financial planning and analysis and held several finance leadership roles.

Loomis, Sayles & Company, an affiliate of Natixis Global Asset Management, announced that chief financial officer Kevin Charleston has been promoted to president. Kevin will continue as CFO, a title he has held since 2000. Kevin began his investment industry career in 1988 and joined Loomis Sayles in 2000 from Nvest Companies, L.P., where he was manager of financial operations. He joined Nvest Companies as a senior financial analyst in 1993, was appointed assistant treasurer and manager of financial planning in 1995, and promoted to senior vice president and treasurer in 1996. Kevin began his career at the Boston Company, first as a senior financial analyst and later as manager of the financial planning and cost accounting departments.

Cannabis-Rx (OTC: CANA) announced the appointment of Munjit S. Johal as Treasurer and Chief Financial Officer. Mr. Johal began his career in 1981 serving as Senior Analytical Manager for the Office of Thrift Supervision (OTS), a federal agency under the Department of the Treasury (formerly Federal Home Loan Bank Board, the 11th District). Since 1990, Mr. Johal has served as a financial officer of various companies including Pacific Heritage Bank as Executive Vice President. While in banking, Mr. Johal served as Chief Financial Officer of Secured Diversified Investment, Ltd from 2002 to January 2009 and Davi Skin, Inc. from March 2007 to May 2010. Since October 20, 2006, Mr. Johal has been the Chief Financial Officer of SearchCore (formerly General Cannabis, Inc.). Additionally, Mr. Johal serves as Controller of High Tower Capital, Inc., a position he has held since 2007.

TransTech Pharma, LLC announced that Stephen L. Holcombe, who previously served as the Company’s Senior Vice President and Chief Financial Officer, has been appointed to serve as the President of TransTech and its sister company High Point Pharmaceuticals, LLC. Mr. Holcombe will also continue his duties as Chief Financial Officer.

Health Care REIT, Inc. (NYSE: HCN) announced that Thomas J. DeRosa, a Director of the company and former Vice Chairman and Chief Financial Officer of The Rouse Company, has been appointed Chief Executive Officer. Mr. DeRosa will continue to serve as a Director of the company. Jeffrey H. Donahue, who was HCN’s independent Lead Director, has been appointed Chairman of the Board, thereby separating the Chairman and CEO roles. Mr. DeRosa previously held various positions at Deutsche Bank and Alex. Brown & Sons, including Global Co-Head of the Health Care Investment Banking Group of Deutsche Bank and Managing Director in the Real Estate Investment Banking Group of Alex. Brown & Sons. In addition to the HCN Board, he currently serves as a director of Empire State Realty Trust, CBL & Associates Properties, Inc., and Value Retail PLC. Mr. DeRosa is a former director of Dover Corporation, a former trustee of Georgetown University and a former member of the Health Advisory Board of the Johns Hopkins Bloomberg School of Public Health. Mr. Donahue is the former President and CEO of The Enterprise Social Investment Corporation, a leading U.S. real estate investment services company. Previously, Mr. Donahue was Executive Vice President and Chief Financial Officer at The Rouse Company. In addition to the HCN Board, Mr. Donahue also serves on the boards of Bentall Kennedy, and The National Development Company. Mr. Donahue also served for over 20 years on the boards of five T. Rowe Price entities including, most recently, the T. Rowe Price Savings Bank.

Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, announced that H. Melville Hope, III, the company’s senior vice president and chief financial officer, will leave the company effective May 23, 2014, to pursue other opportunities.

Washington Employers announced the hire of Tom Chudecke as Chief Financial Officer.

DSW Inc. (NYSE: DSW) announced the appointment of Mary Meixelsperger as Chief Financial Officer effective May 1. Ms. Meixelsperger replaces Douglas Probst, who is retiring from DSW Inc. on the same day. Ms. Meixelsperger joins DSW Inc. from Shopko Stores, where she held the roles of Chief Financial Officer, Controller and Treasurer for the last nine years. Prior to Shopko, Ms. Meixelsperger was the Chief Financial Officer for two non-profit organizations between 1993-2004 and was the Chief Financial Officer for Worldmark Group, a private equity firm between 1986-1991.

People’s United Financial, Inc. (NASDAQ: PBCT) announced that Chief Financial Officer Kirk Walters is transitioning out of his role as Chief Financial Officer of People’s United Bank for family reasons. David Rosato, who has served as Treasurer since 2007, will succeed Walters as Chief Financial Officer of the bank. Walters will continue to serve as Chief Financial Officer of People’s United Financial, Inc., the bank’s holding company, through December 31, 2014, when Rosato is expected to assume that position. Walters will remain an executive officer, transitioning as of January 1, 2015 to the role of Senior Executive Vice resident, Corporate Development and Strategic Planning. He will also remain a member of the Board of Directors of the company and the bank.

Cantel Medical Corp. (NYSE: CMN) announced that its Senior Vice President, Chief Financial Officer and Treasurer, Craig Sheldon, will retire after 20 years with the Company in January 2015.

Movement Mortgage named Laura Bowles Chief Financial Officer. Most recently, Bowles served as Director and Head of Consumer and Small Business Lending Products for Citibank’s Consumer and Commercial Bank. Previously, at Bank of America, she managed credit, market and operational risk. Prior to that, she was a Chief Financial Officer at Wachovia for Consumer and Commercial Deposits, Consumer Lending Products, and the Distribution Channels.

GNS Healthcare is pleased to announce that Mark Pottle has joined the company’s executive team as Chief Financial Officer. Prior to joining GNS Healthcare, Mark was the CFO at N-of-One. Previously, Mark served as CFO for UnitedHealth Group’s Optum Insight – Accountable Care Business Unit. Prior to that he held executive positions as Vice President of Finance and Vice President of Business Operations at healthcare IT company Picis.

Vee24 announced the appointment of John DiBartolomeo as Chief Financial Officer. DiBartolomeo was most recently CFO for Axceler, which was acquired by Metalogix Software, Inc. in 2013. Prior to Axceler, DiBartolomeo held senior financial and operations positions in numerous public and private high technology companies including Apparent Networks, Softricity (acquired by Microsoft), Basis Technology, Interlynx Technology (acquired by ProAct Technologies) and Intermec Technologies.

Brightstar Corp. announced that, effective immediately, Vincent Donargo has joined the company as Executive Vice President and Chief Financial Officer. Donargo was previously the Executive Vice President of Integration, Financial Planning and Analysis (FP&A) and Finance Transformation at Ingram Micro, Inc. Prior to Ingram Micro’s acquisition of Brightpoint, Inc., Donargo served as Brightpoint Executive Vice President, CFO and Treasurer.

EPIC (Edgewood Partners Insurance Center) announced that Michael Gonthier has joined the firm as Chief Financial Officer. EPIC’s current CFO, Elaine Andrian, will now focus on merger and acquisition strategy and diligence as the firm continues to expand nationally. Prior to joining EPIC, Gonthier served as Senior Vice President and Chief Operating Officer since 2008 for Crump Insurance Services. Gonthier also held the titles of Vice President, Finance Division CFO for BISYS Insurance Service from 2003 to 2007 and Vice President, Corporate Service for BISYS Group, Inc. from 1999 to 2003.

Ascendant Solutions, Inc. (PINK: ASDS) announced that Mark S. Heil will assume the role of President and Chief Financial Officer of the Company. Heil has been the Vice President-Finance and Chief Financial Officer of Ascendant and certain of its subsidiaries since 2007. Heil has also been President of Ascendant’s healthcare subsidiary, Dougherty’s Holdings, Inc., and currently serves on the Board of Directors of Dougherty’s Holdings. Prior to joining Ascendant, Heil served as an executive consultant with Tatum LLC. He previously held various chief financial officer positions at The Loomis Agency, and at American Excelsior Company. In addition, he held the position of Chief Operating Officer of American Excelsior’s Earth Science Division during his tenure with the firm. Heil began his career in the audit division of KPMG.

Medivation, Inc. (NASDAQ: MDVN) announced that Patrick Machado has been appointed to the Company’s board of directors. Mr. Machado recently retired from his role as chief financial and business officer, and will formally retire from Medivation on April 18, 2014. Mr. Machado previously served as Medivation’s chief business officer since December 2009 and its chief financial officer since December 2004. From 1998 until 2001, Mr. Machado was employed by ProDuct Health, Inc., as vice president, chief financial officer and general counsel (1998-2000) and as senior vice president and chief financial officer (2000-2001). From 2001 until 2002, Mr. Machado served as a consultant to Cytyc Corporation to assist with transitional matters related to Cytyc Corporation’s acquisition of ProDuct Health, Inc.

Surna Inc.(OTC: SRNA) announced it has appointed Douglas McKinnon to Executive Vice President and Chief Financial Officer. Mr. McKinnon has served as Surna’s senior financial consultant since February. His 30 years’ professional experience includes C-level positions in both private and public sectors, including Chairman and CEO of an American Stock Exchange traded company, VP of a NASDAQ-traded company and CFO of several publicly held US, Canadian and Australian companies. As CFO, Mr. McKinnon succeeds Robert Clarke who has resigned to pursue other interests. announced that Kevin Samuelson has joined the company as chief financial officer. Most recently, Samuelson was chief operating officer at Prior to, Samuelson worked for more than a decade at Infor.

Spindle, Inc. (OTC: SPDL) announced it has appointed Christopher J. Meinerz as chief financial officer and chief compliance officer. Prior to joining Spindle, Meinerz served as chief financial officer and chief compliance officer at Next Generation Insurance Group (NGI). Before his tenure at NGI, Meinerz was executive vice president of finance and treasury for DDi Corp. In addition, he served as global vice president of finance for eTelecare.

nGage Labs, Inc. announced that Dave Alberty has joined the company as Chief Financial Officer (CFO). Mr. Alberty was most recently SVP and Global Controller of TriVita, Inc. Prior to his position at TriVita, he held financial leadership positions including most recently Group SVP and Chief Accounting Officer at JDA Software and International Controller at Viasoft.

EnerNOC, Inc. (NASDAQ: ENOC) announced that Chief Financial Officer Neil Moses has been appointed Chief Operating Officer. Moses has nearly 30 years of experience in financial operations and management in the retail and technology sectors, including seven years at PTC, which he joined in 2003 as Executive Vice President and Chief Financial Officer. Following PTC, Moses served as Dunkin’ Brands’ Chief Financial Officer and led the company’s successful initial public offering in 2011.

The Retirement Services Division of Massachusetts Mutual Life Insurance Company (MassMutual) announced that Bill Silvanic, current Senior Vice President and Chief Financial Officer of the Retirement Services division, will lead the Product organization. Keith McDonagh, Senior Vice President, will replace Mr. Silvanic as head of Finance for Retirement Services.

CVR Partners (NYSE: UAN) announced that Mark A. Pytosh has been named president and chief executive officer of the partnership’s general partner, CVR GP, LLC, effective May 5, 2014. He will be based at the partnership’s headquarters in Sugar Land. Pytosh was appointed as a director of CVR GP in June 2011. He will continue to serve as a director and the chairman of the environmental, health and safety committee. Pytosh most recently served as executive vice president and chief financial officer for Tervita Corporation (formerly known as CCS Corporation). From 2006 to 2010, Pytosh served as senior vice president and chief financial officer for Covanta Energy Corporation. Prior to Covanta, he served as executive vice president from 2004 to 2006, and chief financial officer from 2005 to 2006, for Waste Services, Inc. From 2000 to 2004, Pytosh was a managing director in investment banking at Lehman Brothers where he led the firm’s global industrial group. Prior to joining Lehman Brothers, he was managing director at Donaldson, Lufkin & Jenrette where he led the firm’s environmental services and automotive industry groups.

USA | CFO Moves – week ending April 11, 2014

Honeywell (NYSE: HON) announced that Tom Szlosek becomes Senior Vice President and CFO. Tom was previously Vice President of Corporate Finance, and prior to that served as Vice President and CFO of Automation and Control Solutions. Dave Anderson, Senior Vice President and CFO, will retire after a decade of outstanding service at Honeywell.

Zynga Inc. (NASDAQ: ZNGA) announced that the Company has appointed David Lee as Chief Financial Officer and Chief Accounting Officer. Lee succeeds CFO and CAO Mark Vranesh who will be leaving the company. Lee will be working with Vranesh over the next month to ensure a seamless transition of responsibilities. Lee most recently served as Senior Vice President of Enterprise Finance for Best Buy. Before joining Best Buy, Lee spent more than eight years at Del Monte Foods where he held several leadership positions across finance and general management including Senior Vice President of Strategy, Senior Vice President of Consumer Products, Vice President of Strategic Planning and Business Development, Vice President of Finance for Consumer Products and Vice President of Sales FP&A. Before Del Monte Foods, Lee served as the Director of Strategic Planning at PG&E Corporation for three years. He also spent time creating and implementing consumer growth plans at the Leo Burnett Company, McKinsey & Company, Enterprise Venture Capital and Pacific Venture Capital.

Abercrombie & Fitch Co. (NYSE: ANF) announced that Joanne C. Crevoiserat has been named Executive Vice President and Chief Financial Officer of the company, a position she is expected to take up in May, 2014. Since 2007, Ms. Crevoiserat has served in a number of senior management roles at Kohl’s Inc., most recently as Executive Vice President of Finance and prior to that, as Executive Vice President of Merchandise Planning and Allocation. Prior to Kohl’s, Ms. Crevoiserat held senior finance positions with Wal-Mart Stores and May Department Stores, including serving as CFO of the Filene’s, Foley’s, and Famous-Barr brands.

AppNexus announced that Jonathan Hsu, who served as CEO of 24/7 Media, will become CFO and COO. Hsu was most recently CEO of Recyclebank. Hsu also worked as an investment banker at JP Morgan.

CCA (NYSE: CXW) announced that David Garfinkle, who currently serves as the Company’s Vice President of Finance and Controller, has been selected by the Board of Directors to succeed Todd Mullenger as the Company’s Chief Financial Officer effective May 1, 2014. Mullenger has decided to step down as CFO, but will remain with the Company for a two-year period to assist in the transition and to assist in various projects. Garfinkle joined CCA as Vice President, Finance in February 2001. From 1996 to 2001, Garfinkle served as Vice President and Controller for Bradley Real Estate, Inc. Prior to joining Bradley Real Estate, Garfinkle was a Senior Manager at KPMG Peat Marwick, LLP in Boston, Massachusetts for seven years.

The Progressive Corporation (NYSE: PGR) announced that Brian Domeck, the Company’s Chief Financial Officer (CFO), intends to retire after the Company’s Annual Meeting of Shareholders in May 2015. Mr. Domeck will continue to serve as CFO through early 2015, when the Company’s 2014 financial statements will be finalized and certified. The Company also announced that John Sauerland is expected to become CFO in early 2015 when Mr. Domeck steps down. Until that time, Mr. Sauerland will continue in his current role as President of the Company’s Personal Lines Group, while preparing to assume the CFO’s responsibilities.

Heritage Global Partners, Inc., a subsidiary of Heritage Global Inc. (OTCQB: HGBL), announced today that Scott A. West has been named Chief Financial Officer. Mr. West began his financial accounting and business management career in 1991 at Ernst & Young LLP. From 2001 to 2014, Mr. West held Senior and Executive financial and business management positions at various public and private equity funded technology companies, including international and Fortune 500 companies.

Versatile Systems Inc. (TSX-V: VV) announced that it has appointed Vicki Turjan as chief financial officer. Turjan replaces Kelley Boyer, previous interim chief financial officer. Turjan has been with Versatile Systems, Inc. since 2000 serving both as the company’s director of finance and vice president of finance and administration. Prior to joining Versatile, she held multiple challenging executive management positions in the television industry including roles with Hearst Argyle Corporation. Her experience also includes financial roles in the manufacturing sector.

Coors Credit Union announced that Amy Phillips has been named chief financial officer. Phillips, joined the credit union March 31. Phillips has more than 25 years’ experience in the financial services industry, including work with Internationale Nederlanden Groep (ING), CoBank, and United Western Bank. Most recently, she served as an executive at FIMAC Solutions.

Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) announced that William Steckel, Chief Financial Officer, is leaving the Company to accept a senior management position with a privately held company. Concurrently, Vice President and Controller Katherine M. Hayes has been appointed interim CFO. The transition is effective April 24, 2014. Ms. Hayes joined Great Lakes in January 2006 and has increased her level of responsibility since then. She was the Treasurer of the Company from March 2011 until she was named Vice President and Controller in November 2013.

EMQ FamiliesFirst announced that Jason D. Gurahoo has joined as its new Chief Financial Officer. Jason has held senior and executive level positions at Amdahl Corporation, Fujitsu Technology Solutions, Inc., and Fujitsu IT Holdings, Inc. He most recently served as CFO at Child Development Inc.

Cureatr Inc. announced the appointment of Carl Byers to its Board of Directors. Carl was on the founding team at athenahealth, Inc., where he served as Chief Financial Officer from 1997 to 2010. He currently holds the position of Venture Partner at Fidelity Biosciences, a venture capital fund.

Leucadia National Corporation (NYSE: LUK) announced that Joseph A. Orlando, its Chief Financial Officer, intends to retire by August 31, 2014.

Employers Holdings, Inc. (NYSE: EIG) announced that William E. (Ric) Yocke, executive vice president and chief financial officer, informed the company of his decision to retire as of June 30, 2015.

Agencyport Software has appointed Jeanette Tweed to the position of CFO. After launching her career as an auditor at Deloitte, Tweed spent nine years at The Boston Consulting Group (BCG) where she was responsible for worldwide financial reporting. Tweed went on to hold executive financial positions at several technology-based companies, including OnForce, CCBN, and Knowledge Impact.

Atara Biotherapeutics, Inc. announced that it has appointed Matthew K. Fust as a director. Mr. Fust most recently served for five years as executive vice president and chief financial officer of Onyx Pharmaceuticals. Prior to Onyx, Fust spent more than five years as senior vice president and chief financial officer of Jazz Pharmaceuticals, and prior to that he was CFO at Perlegen Sciences and ALZA Corporation. Fust currently serves as a board member and audit committee chair at Rockville, MacroGenics, Sunesis Pharmaceuticals, and Ultragenyx Pharmaceutical.

Hart InterCivic has hired Julie Mathis to be its Chief Financial Officer. Julie was most recently serving as Vice President of Finance at Dell. Previously, she held positions at Arthur Andersen and at Century Telephone Company.

Heartland Payment Systems (NYSE: HPY) announced that Samir Zabaneh has joined as Chief Financial Officer (CFO). Prior to joining Heartland, Samir served as Chief Financial and Strategy Officer as well as Chief Operating Officer for Moneris Solutions Corporation. Prior to joining Moneris, Samir also held various leadership roles with Fortress Investment Group, Q9 Networks, Inc., CIT/Newcourt Capital, Inc., PwC, and Ernst & Young.

Genocea Biosciences, Inc. (NASDAQ: GNCA) announced the appointment of Jonathan Poole to the position of chief financial officer. Prior to joining Genocea, Mr. Poole was senior vice president of finance for pipeline and technical operations at Shire plc. Mr. Poole previously served for three years as divisional CFO of Shire HGT. He began his career in the UK in investment banking at UBS Warburg and ING Barings and also worked as an investment manager for Avanti Capital Plc.

MELA Sciences, Inc. (NASDAQ: MELA) appointed Robert W. Cook as Chief Financial Officer. Mr. Cook was most recently the SVP and CFO of Immune Pharmaceuticals Inc., following its merger with EpiCept Corporation. Mr. Cook spent nine years as SVP and CFO at EpiCept. He had previously served for six years as EVP and CFO of Pharmos Corporation.

First Commonwealth Financial Corporation (NYSE: FCF) announced the hiring of James R. Reske as Executive Vice President and Chief Financial Officer. Prior to joining First Commonwealth, Mr. Reske served as Executive Vice President, Chief Financial Officer, and Treasurer at United Community Financial Corporation in Youngstown, Ohio. Mr. Reske’s financial services career includes investment banking roles within the Financial Institutions Groups at Keybanc Capital Markets, Inc. in Cleveland, Ohio and at Morgan Stanley & Company in New York. The naming of James Reske as Executive Vice President and Chief Financial Officer follows the November 2013 announcement of the planned retirement of Robert E. Rout.

Kareo Inc. announced that it has hired Tom Patterson as Chief Financial Officer. Tom Patterson joins Kareo after two years as CFO of Teletrac. Prior to Teletrac, Tom spent over nine years with Quest Software in various roles, including VP of Finance. Prior to Quest Software, Tom spent over six years in various finance and operational leadership roles at Citrix Systems.

Santander Holdings USA, Inc. announced the appointments of Jerry Plush as chief financial officer. Prior to joining Santander, Jerry Plush was most recently president and chief operating officer of Waterbury, Connecticut-based Webster Bank, where he had also served as CFO and chief risk officer. Plush has been active in community organizations, serving on the board of trustees of the Connecticut Public Broadcasting Network and as chairman of Junior Achievement of Southwest New England.

Plex announced Mark Hawkins’ appointment to its board of directors. Hawkins is executive vice president and chief financial officer of Autodesk, Inc., a position he has held since 2009. Prior to joining Autodesk, Hawkins was CFO and senior vice president of finance and IT at Logitech International SA. Hawkins was also a vice president of finance for Dell, and spent more than 18 years at Hewlett-Packard, including a role on the board of directors for HP’s Japan and Shanghai Analytical Joint Ventures. From 2010 through 2013, Hawkins served on the board of directors for BMC Software.

Hanger, Inc. (NYSE: HGR) announced that George McHenry, Executive Vice President, Secretary, and Chief Financial Officer (CFO), will retire from the Company effective December 31, 2014.

Decision Resources Group announced that Anup Gupta has joined the Company as EVP Strategy, M&A, and CFO. Mr. Gupta was most recently Chief Strategy Officer at PAREXEL. Before his role at PAREXEL, Mr. Gupta was Vice President, Financial Planning and Treasurer at Cambrex. He has also been Senior Vice President of Mergers and Acquisitions and CEO of the Professional Services Group of Singapore-based Planet One and Managing Director, Operations for Scient, an e-business innovation company. He also worked for The Boston Consulting Group and Accenture.

DiaMedica (TSX-V: DMA) announced the appointment of John Savage as the Company’s Chief Financial Officer. Prior to joining DiaMedica, Mr. Savage was Director of Corporate Accounting at UnitedHealth Group. Previously, Mr. Savage was with Best Buy and Golf Galaxy (acquired by Dick’s Sporting Goods), where he held increasingly progressive responsibilities. Mr. Savage began his career with Deloitte & Touche LLP.

Samuel Dergel - The CFO Expert.
Should you have any CFO Moves to report, please email us.

Lisez gratuitement chaque jour (5j/7) le quotidien Finyear.
Recevez chaque matin par mail la newsletter Finyear, une sélection quotidienne des meilleures infos et expertises de la finance d’entreprise.
Lien direct pour vous abonner :

Lisez gratuitement chaque mois :
- le magazine digital Finyear sur
- la lettre digitale "Le Directeur Financier" sur
- la lettre digitale "Le Trésorier" sur
- la lettre digitale "Le Credit Manager" sur
- la lettre digitale "Le Capital Investisseur" sur

Lundi 28 Avril 2014