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

USA | CFO Moves – week ending December 16, 2016

Tracking CFO Movement Across Canada.

Purch [NEW YORK] announced the appointment of Andy Goldstein as Chief Financial Officer. Most recently, Andy served as executive vice president and CFO of the New Jersey Devils, Philadelphia 76ers, and the Prudential Center Arena. Andy has held positions as EVP/CFO at InterMedia Outdoors, Inc., VP/CFO at Primedia Inc., and Director of Business Affairs at Sesame

Citizens Financial Group, Inc. [PROVIDENCE, R.I.] (NYSE: CFG) announced the appointment of John F. Woods as Executive Vice President and Chief Financial Officer. Woods will succeed interim CFO John Fawcett. Woods joins Citizens from Mitsubishi UFJ Financial Group, Inc. (MUFG), where he has served as CFO of the Americas since 2013. Prior to that, he served as Vice Chairman and CFO for the predecessor company of MUFG Union Bank, N.A. Woods also has held senior finance leadership roles at JPMorgan Chase and the Federal Home Loan Mortgage Corporation.

Mitsubishi UFJ Financial Group, Inc. [NEW YORK] announced the appointment of Johannes H. “Johs” Worsoe as Chief Financial Officer of MUFG Americas Holdings Corporation and its banking subsidiary MUFG Union Bank, N.A. Mr. Worsoe succeeds former MUFG Americas Chief Financial Officer John F. Woods, who is leaving the company. Mr. Worsoe joined the company in 2001 and most recently served as Head of Investment Banking & Markets (IB&M). Prior to his most recent role as head of IB&M, Mr. Worsoe was Chief Administrative Officer for the Americas for The Bank of Tokyo-Mitsubishi UFJ. Ltd. Mr. Worsoe also served as Senior Executive Vice President and Head of Global and Wealth Markets for the former UnionBanCal Corporation and its former primary subsidiary, Union Bank N.A. Prior to 2001, when he joined legacy Union Bank, Mr. Worsoe held various investment banking and capital markets roles in Denmark, Spain and the U.S.

FTD Companies, Inc. [DOWNERS GROVE, Ill.] (NASDAQ: FTD) announced Stephen Tucker has been appointed Executive Vice President. Mr. Tucker also will succeed Becky Sheehan as FTD’s Chief Financial Officer. Mr. Tucker most recently served as Senior Vice President of Financial Operations at AT&T. Prior to AT&T’s acquisition of DIRECTV, Mr. Tucker served in many roles within DIRECTV, including SVP Financial Operations, Field Services, Supply Chain, Service and Repair, and Protection Plan teams, and SVP of Business Operations and Chief Financial Officer for DIRECTV Sports Networks. Prior to joining DIRECTV, Mr. Tucker served as Chief Financial Officer of FUN Technologies. Earlier in his career, Mr. Tucker spent 16 years with KPMG.

Avid [BURLINGTON, Mass.] (NASDAQ: AVID) announced that Brian E. Agle will become Avid’s Senior Vice President and Chief Financial Officer. He replaces Ilan Sidi, who served as interim Chief Financial Officer, and will resume his role as the Vice President of Human Resources for the company. Before joining Avid, Mr. Agle served as an Operating Advisor at Francisco Partners. Prior to joining Francisco Partners, Agle served as Chief Financial Officer at Rocket Software. Before joining Rocket, he was Senior Vice President and Chief Financial Officer for Activant Solutions. Previously, Mr. Agle spent 14 years at Novell Inc. where he operated in several financial leadership roles including Vice President, CFO of Global Field Operations. Mr. Agle began his career with Ernst & Young.

Allegiance Bancshares, Inc. [HOUSTON] (NASDAQ: ABTX) announced Paul P. Egge has been appointed Executive Vice President and Chief Financial Officer of both Allegiance Bank and Allegiance Bancshares, Inc. Steven F. Retzloff, Chairman of Allegiance Bank and President of Allegiance Bancshares, Inc., will relinquish his interim Chief Financial Officer position. Most recently, Mr. Egge served as Senior Vice President, Director of Capital Planning and Corporate Development at Cadence Bank. Prior to joining Cadence, Mr. Egge served in various roles of increasing responsibility at Robert W. Baird & Co. Incorporated (“Baird”), Ryan Beck & Company, and FBR & Co.

Inventus Power [WOODRIDGE, IL] announced it named Michael Foy as chief financial officer. Prior to joining Inventus Power as CFO in November 2016, Mr. Foy held various roles of increasing responsibility at Cisco Systems and was most recently vice president finance, CFO Americas. Before joining Cisco, Michael worked at Scientific-Atlanta, 3Com, U.S. Robotics, Abbott Laboratories and KPMG.

PointRight [BOSTON] announced the appointment of Michael Laureno as Chief Financial Officer. Prior to joining PointRight, Laureno served as a strategic CFO.

Strategic Insight [NEW YORK & LONDON] announced the appointment of Karl Jaeger as Chief Financial Officer. Most recently, Mr. Jaeger was Chief Financial Officer, Global Transaction Banking Solutions at D+H Corporation and, before that, CFO at FundTech. Prior to FundTech, Mr. Jaeger was CFO at Wall Street Systems, the treasury and FX trading software company.

Quantopian [BOSTON] has hired Marc Volpe as Chief Financial Officer. Before joining Quantopian, Mr. Volpe worked for three years as the Chief Financial Officer of Fort Warren Capital Management, LP. He also served as the Chief Compliance Officer at Regiment Capital, and was a manager in the audit practice at PricewaterhouseCoopers, where he began his career in 1997.

Vapor Corp. [HOLLYWOOD, Fla.] (OTC Pink: VPCO) announced the Company has appointed John A. Ollet to serve as the Company’s new Chief Financial Officer. Mr. Ollet previously served as Executive Vice President-Finance for Systemax, Inc. North America Technology Division from 2006 to 2016. His prior chief financial officer experience also includes serving as Vice President and Chief Financial Officer of Arrow Cargo Holdings, Inc., and VP Finance/CFO – The Americas – Cargo Division, KLM Royal Dutch Airlines.

1-Page Limited [SAN FRANCISCO, CA] announced it has hired Peter Kent as Chief Operating Officer and Chief Financial Officer. During the last ten years, Mr. Kent has been the CEO & CFO of Liquid Holdings Group, Inc., the Managing Partner of Eladian Partners LLC and the COO & CFO of Automated Trading Desk.

Pitney Bowes [STAMFORD, Conn.] announced that Stanley J. Sutula III has been named Executive Vice President and Chief Financial Officer (CFO). Mr. Sutula succeeds Michael Monahan, who will continue with Pitney Bowes as Chief Operating Officer. Mr. Sutula joins Pitney Bowes from IBM, where he was Vice President and Controller. Mr. Sutula joined IBM in 1998, and has held several leadership positions in the United States and in Europe in accounting and financial strategy. Most recently, Sutula was Vice President and Controller at IBM.

Voxello [CORALVILLE, Iowa] announced that Richard Wieland was appointed as a new member of the Company’s Board of Directors. Mr. Wieland will also serve as the interim Chief Financial Officer. Most recently, Rich was Executive Vice President and Chief Financial officer of Unilife Corporation. Prior to Unilife he spent six years at two biotech companies in the drug discovery and development field. Previous to that Rich had P&L responsibility for two healthcare companies and was a member of the Board of Directors at Option Care Inc. His first CFO position was with LyphoMed Inc. Rich began his career at Procter & Gamble Company in Cincinnati, OH.

Harte Hanks [SAN ANTONIO, TX] (NYSE: HHS) announced that its Executive Vice President and Chief Financial Officer, Doug Shepard, has resigned from the company. Mr. Shepard served as the company’s EVP and CFO since 2007. While the company conducts a formal search for his replacement, Robert Munden, the company’s EVP and General Counsel, will serve as interim CFO.

Ayla Networks [SANTA CLARA, Calif.] has named Tom Clark as chief financial officer. Prior to joining Ayla, he was CFO at Openwave Messaging Inc. Before Openwave, he was director of finance operations for Marlin Equity Partners. Earlier, he served as CFO and managed the worldwide finance operations of CollabNet. Before CollabNet, he worked for seven years at ProBusiness Services. Clark began his career with KPMG LLP.

TruStar Energy [WHITE PLAINS, N.Y.] announced that it has hired John Snell as its Chief Financial Officer. Snell spent the last 13 years with accounting firm Moss Adams, serving in various audit, consulting, accounting, operations and finance rolls. Most notably, he was named a partner in the firm in 2014.

Red Robin Gourmet Burgers, Inc. [GREENWOOD VILLAGE, Colo.] (NASDAQ: RRGB) announced the appointment of Guy J. Constant as executive vice president and chief financial officer. Prior to joining Red Robin, Mr. Constant served as chief financial officer, executive vice president of Finance and treasurer for Rent-A-Center, Inc. He previously served in various executive roles at Brinker International, Inc. including executive vice president and chief financial officer, president of the Chili’s Global Restaurant Division, senior vice president and vice president of Finance and senior director of Executive Compensation. Before his executive tenure at Brinker, he served in various marketing, finance and human resources roles of increasing scope and responsibility at AMR Corporation.

Tailored Brands, Inc. [FREMONT, Calif.] (NYSE: TLRD) announced the appointment of Jack Calandra as executive vice president, chief financial officer and treasurer. Mr. Calandra succeeds current CFO, Jon Kimmins, who will be leaving to pursue other interests. Mr. Calandra joins Tailored Brands from The Gap, Inc. where he was most recently senior vice president, corporate finance and investor relations. His career at The Gap, Inc. included roles as CFO of Banana Republic Global division and CFO of Gap Direct. Prior to joining The Gap, Inc., Mr. Calandra served 11 years at Unilever’s North America Division.

CPI Card Group [LITTLETON, Colo.] (NASDDAQ: PMTS, TSX: PNT) announced the appointment of Lillian Etzkorn as its Chief Financial Officer, succeeding David Brush who will be ending his service as CFO. Mr. Brush will continue in an advisory capacity to the Company. Ms. Etzkorn joins CPI Card Group from Dana Incorporated, where she served as Vice President, Treasurer since 2011. Prior to Dana Incorporated, Ms. Etzkorn spent nineteen years in financial positions of increasing responsibility at Ford Motor Company.

Zephyr [NEWARK, Calif.] announced Robb Ellis as Chief Financial Officer. Before joining the team, Ellis was recently at Greenway Health and Agilysys.

Nimbix [RICHARDSON, Texas] announced the appointment of Stacy Repult as Chief Financial Officer. Most recently, Repult was Vice President of Finance for Omnitracs. Previously, she held the Managing Director position at SLR Consulting Group.

Justworks [NEW YORK, NY] announced the appointment of Michael Greten as chief financial officer. Before joining Justworks, Greten was vice president of Finance & Accounting at iCIMS, Inc. Prior to that, as controller and treasurer of RiskMetrics Group. Earlier roles included AIG and Chase.

Spire Capital Partners [NEW YORK] announced the addition of Mariana Lamson, as CFO. Mariana Lamson has extensive leadership experience in financial roles with KPMG, Goldman Sachs, Harrison Tenney & Associates, and most recently as a divisional CFO for Heartland Payment Systems.

Farmer Bros. Co. [FT. WORTH, Texas] (NASDAQ: FARM) announced the resignation of Isaac Johnston, Treasurer and Chief Financial Officer.

Neighbors Health, LLC [HOUSTON] has named Tensie Homan Axton its Chief Financial Officer (CFO). As the Office Managing Partner of KPMG LLP, Axton was the partner in charge of Transaction Services. Before that she was the Chief Operating Officer of Pinnacle Medical Holdings, LLC.

Employers Holdings, Inc. [RENO, Nev.] (NYSE: EIG) announced the appointment of Michael S. Paquette as its executive vice president, chief financial officer. Paquette previously served as executive vice president, chief financial officer of Montpelier Re Holdings Ltd. from 2008 to 2015 and chief financial officer of Blue Capital Reinsurance Holdings Ltd. from its inception in 2012 to 2015. Prior to joining Montpelier in 2007, Paquette spent 18 years with White Mountains Insurance Group, Ltd., and its subsidiaries, in various capacities including senior vice president, controller and 4 years with KPMG as an auditor.

Track Group, Inc. [SALT LAKE CITY] (OTCQX: TRCK) announced Peter Poli is joining the Company as its new Chief Financial Officer. Mr. Poli joins Track Group after serving as the CFO for over 11 years with Grand Banks Yachts Limited. Prior to Grand Banks Yachts Limited, Mr. Poli held various positions of increasing responsibility in finance at Dean Witter Reynolds, Inc. and Morgan Stanley Online,, and I-Works, Inc.

Darling Ingredients Inc. [IRVING, Texas] (NYSE: DAR) announced that Patrick C. Lynch will become its Executive Vice President – Chief Administrative Officer. Mr. Lynch will report to John O. Muse, the Company’s Executive Vice President – Chief Financial Officer. Mr. Muse has indicated his intent to retire as the Company’s Chief Financial Officer in early March 2017, at which time Mr. Lynch will become the Company’s Executive Vice President – Chief Financial Officer. Mr. Lynch has served as the Chief Financial Officer of Interface, Inc., since 2001, and has been a Senior Vice President since 2007. Prior to 2001, he served in various financial leadership positions at Interface since joining the company in 1996, including Assistant Vice President and Corporate Controller. From 1992 to 1996, Mr. Lynch was a Senior Accountant with BDO Seidman, LLP.

Cliffs Natural Resources Inc. [CLEVELAND] (NYSE: CLF) announced Timothy K. Flanagan has been named Executive Vice President, Chief Financial Officer & Treasurer. Mr. Flanagan is currently Vice President, Corporate Controller, Treasurer and Chief Accounting Officer. He also previously served as the Assistant Controller and Director of Internal Audit. Prior to his tenure at Cliffs, Mr. Flanagan spent eight years at Arthur Andersen and Protiviti, respectively.

Och-Ziff Capital Management Group LLC [NEW YORK] (NYSE: OZM) announced that Alesia J. Haas has been named Chief Financial Officer. Och-Ziff also announced that current CFO, Joel Frank has decided to retire. Ms. Haas previously served as CFO and Head of Strategy for OneWest Bank, N.A. Her prior experience includes senior finance, investment and strategy roles with Merrill Lynch and General Electric.

Connecture, Inc. [BROOKFIELD, Wis.] (NASDAQ: CNXR) announced that James P. Purko, Chief Financial Officer, will be leaving the Company.

Avangate [ATLANTA, GA] announced the appointment of Gregor Morela to the position of Chief Financial Officer. He was most recently the CFO for Linq3 Technologies LLC. Prior to Linq3, Morela held various Vice President of Finance and Controllership roles at Landis+Gyr; CDC Corporation; and Serologicals Corporation. Morela started his career in public accounting at PricewaterhouseCoopers (PwC) in Ljubljana, Slovenia.

Intellia Therapeutics, Inc. [CAMBRIDGE, Mass.] (NASDAQ: NTLA) has appointed Graeme Bell as its Chief Financial Officer. Mr. Bell succeeds Sapna Srivastava, who is transitioning to a senior advisory role within Intellia. Mr. Bell joins Intellia from his role as Chief Financial Officer at Anacor Pharmaceuticals, Inc. Prior to Anacor, Mr. Bell spent more than 20 years at Merck & Co, Inc., where he held numerous finance and accounting senior-level positions including: CFO of U.S. operations, Controller, Global Pharmaceutical Franchises, CFO United Kingdom subsidiary, and head of investor relations.

KBR, Inc. [HOUSTON, TX] (NYSE: KBR) announced that Mark Sopp will join the company as Chief Financial Officer (CFO). Current CFO Brian Ferraioli has decided to retire. From 2005 to 2015, Sopp served as CFO and Executive Vice President for Leidos Holdings. Previously, Sopp served in various executive positions with Titan Corporation.

The Palisades Group, LLC [LOS ANGELES] announced the promotion of Sally Kawana to Chief Financial Officer of the Company. Ms. Kawana most recently served as Palisades’ Head of Capital Markets and Transaction Management since 2013. Ms. Kawana, prior to Palisades, was a Senior Vice President in the Representations and Warranties Group at Bank of America. Prior to Bank of America, Ms. Kawana was a Managing Director in Bear Stearns’ Mortgage and Asset-Backed Securities Group. Prior to Bear Stearns, Ms. Kawana worked in KPMG’s Financial Services Audit and Structured Finance Consulting practices.

Samuel Dergel - The CFO Expert.
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