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USA | CFO Moves – week ending February 1, 2013


Tracking CFO movement across the USA.



CFO Moves – week ending February 1, 2013

CFO Moves this week include:

Aetna (NYSE: AET) announced that Joseph M. Zubretsky, senior executive vice president and chief financial officer, will lead National Businesses, a new organization that includes Aetna’s National Accounts business, as well as Aetna’s emerging businesses, including Accountable Care Solutions, ActiveHealth Solutions, Medicity and iTriage. As part of the planned management transition, Zubretsky will be succeeded in his role as chief financial officer by Shawn M. Guertin. Guertin has most recently been Aetna’s head of Business Segment Finance, where he managed the finance organizations of all of Aetna’s businesses. Prior to joining Aetna in 2011, Guertin served for nearly five years as executive vice president, chief financial officer and treasurer of Coventry Health Care, Inc.

Capital One Financial Corporation (NYSE: COF) announced that Stephen S. Crawford joined the company as Chief Financial Officer Designate. In May, Crawford will succeed Chief Financial Officer Gary L. Perlin, who, after a decade of leadership at Capital One, has decided to retire. Perlin will remain in his position as CFO and a member of Capital One’s Executive Committee through May 24, 2013 at which time Crawford will transition into the CFO role. Perlin will continue to work with Capital One as a Senior Advisor to the CEO through February 1, 2014. Crawford joins Capital One from Centerview Partners where he was partner and co-founder. Crawford has been an advisor to Capital One on a broad range of strategic and financial matters which will help ensure continuity and a smooth transition for the CFO role. Prior to launching Centerview, Crawford spent nearly 20 years in various positions at Morgan Stanley, including serving as Chief Financial Officer, Chief Administrative Officer, and Chief Strategic Officer.

The Scotts Miracle-Gro Company (NYSE: SMG) announced that Dave Evans has resigned as chief financial officer and executive vice president and has accepted a similar role with Columbus-based Battelle.

Flotek Industries, Inc. (NYSE: FTK) announced that Richard Walton has been appointed Chief Financial Officer on an interim basis. Mr. Walton also replaces Johnna Kokenge , Flotek’s Chief Accounting Officer, who is leaving the Company to pursue other professional interests. Mr. Walton will assume Ms. Kokenge’s accounting officer duties. Mr. Walton’s public accounting career spans over three decades including 20 years as an audit partner in the Houston office of KPMG. Following his retirement from KPMG LLP, he has served as a financial consultant to public companies, including financial reporting consulting for Flotek since 2010. He currently serves as Chairman of the Board of Houston Hospice, Chairman of the Finance Committee at DePelchin Children’s Center and as a member of the Board of Trustees of the Retina Research Foundation.

One Source Networks announced that Jim Tipton has joined the company as Chief Financial Officer. Prior to One Source Networks, Tipton was Controller for Xtreme Power, Inc. Before his tenure at Xtreme, Tipton served as Managing Director of Finance at nGenera Corporation (now Moxie Software). Tipton was also Chief Financial Officer and Senior Vice President at OnFiber Communications. Tipton began his career at Price Waterhouse, LLP (now PricewaterhouseCoopers, LLP), where he was Audit Manager of the Technology Practice Group. Other roles and responsibilities he has held include Controller for ConnectSouth Communications, Inc. and Corporate Controller for DuPont Photomasks (now Toppan Photomasks).

Condusiv Technologies, formerly Diskeeper Corporation, announced it has named Frederic T. Boyer as Senior Vice President and Chief Financial Officer. Prior to joining Condusiv, Boyer served as CFO of DataDirect Networks; Optical Communication Products; Qualstar Corporation; Accelerated Networks; and Fibermux Corporation.

Dejour Energy Inc. (NYSE: DEJ) announced that David Matheson has joined the Company as CFO. Matheson previously served as CFO and then as President of Equatorial Energy Ltd. In addition, Mr. Matheson was the founder, President and CEO of Java Petroleum Corporation. Mr. Matheson replaces Mathew Wong.

Aurora Algae announced the appointment of Bill Roeschlein to the position of Chief Financial Officer. Mr. Roeschlein joins Aurora Algae from Trident Microsystems, where he served as a CFO consultant. Prior to that, he was CFO of Power Integrations, as well as CFO of Selectica, Inc. Bill began his career in the audit practice of Coopers & Lybrand, and has lived and worked in Japan as an expatriate finance director for Asyst Technologies.

First Defiance Financial Corp. (NASDAQ: FDEF) announced that the CEO of the company, William Small announced his plans to retire from his management role effective December 31, 2013. As a result, effective January 1, 2014, Donald P. Hileman, currently Executive Vice President and Chief Financial Officer, will assume the role of President and CEO of First Defiance.

Innotrac Corporation (NASDAQ: INOC) has named Chrissy Herren interim Chief Accounting Officer while it searches for a new Chief Financial Officer to replace George Hare, who was released on January 24, 2013. Ms. Herren has been with the company since 1991 and has served as the company’s controller since 2002. She also served as the company’s interim Chief Accounting Officer from January, 2005 through May, 2007.Steve Hankins

Globe Express Services announced that Steve Hankins has joined the company as Executive Vice President, Chief Financial Officer and Chief Information Officer. Mr. Hankins has successfully managed all aspects of Finance and IT during his 21 year career with Tyson Foods. Prior to becoming CFO of Tyson Foods, Mr. Hankins served the company as CIO.

Promisec announced it has appointed John Reilly as chief financial officer. Prior to joining Promisec, Reilly served as controller for both Kalido Inc., and ManageSoft Inc. He was also controller at Phonetic Systems.

Clarity Health announced the appointment of Jeff Groh as chief financial officer (CFO) and senior vice president (SVP) of operations. Groh was most recently CFO of Vertafore. Earlier in his career, Groh served as CFO for Harland Financial Solutions, in addition he previously held executive positions at large public companies including General Electric, Bank One and BISYS, Inc.

Rubicon Project named Todd Tappin as COO/CFO. Prior to Rubicon Project, Tappin was the CEO of SocialVibe. Before SocialVibe, Tappin was the founding CFO of Overture, Inc.

QlikTech (NASDAQ: QLIK) announced it has appointed Palo Alto Networks’ CFO Steffan Tomlinson to its Board of Directors. Steffan will also be a member of QlikTech’s Audit Committee. Tomlinson joined Palo Alto Networks in February 2012. From 2005 to 2011, he served as CFO of Aruba Networks. From 2000 to 2005, he was the first non-founder employee and, ultimately, CFO of Peribit Networks. Prior to Peribit, Tomlinson was the director of financial planning and analysis at Excite@Home, and has also held various finance and financial analyst positions at Oracle.

Aerohive Networks announced Gordon C. Brooks has joined as chief financial officer. Brooks joins as Aerohive’s CFO from his position as CFO at Blue Coat Systems. Prior to Blue Coat, Gordon served as vice president of corporate finance at VMware, following his role as chief financial officer for Spikesource. Previously, Gordon worked in senior finance positions at several high tech companies, including BEA Systems, Inc., Microsoft and WebTV Networks.

MFRI, Inc. (NASDAQ: MFRI) announced the appointment of Karl J. Schmidt as Vice President — Chief Financial Officer and Chief Accounting Officer of the Company. Mr. Schmidt’s recent Chief Financial Officer positions include Atkore International and Sauer-Danfoss. Prior to these assignments he held positions of increasing responsibility during his 24 years with Frankfurt, Germany, based Degussa-Huels Group.

Align Technology, Inc. (NASDAQ: ALGN) announced that Kenneth B. Arola will step down as vice president, finance and chief financial officer effective March 4, 2013 and will remain an employee of the Company through June 28, 2013. Mr. Arola has served as Align’s chief financial officer since 2007; prior to that, he was vice president, finance and corporate controller at Align for two years. Roger E. George, Align’s vice president, corporate and legal affairs and general counsel, will serve as interim CFO — and work with Mr. Arola to ensure a smooth transition. Mr. George has served in his current role at Align since 2002; prior to that, he was CFO and vice president of finance and legal affairs for SkyStream Networks and a partner at Wilson Sonsini Goodrich & Rosati.

Qualcomm Incorporated (NASDAQ: QCOM) announced that William (Bill) Keitel has decided to retire as Qualcomm executive vice president and chief financial officer. George S. Davis , currently executive vice president and chief financial officer of Applied Materials, Inc., will replace Mr. Keitel effective March 11, 2013. Keitel will continue as chief financial officer until that time, and will then assist with the transition and serve as special advisor to the CEO for the remainder of the calendar year. Davis is also a member of The Wall Street Journal CFO Network, The Conference Board Council of Financial Executives, The Applied Materials Foundation board and was a longstanding member of the board of trustees for the San Jose Repertory Theatre.

Applied Materials, Inc. (NASDAQ: AMAT) announced that George S. Davis, Executive Vice President and Chief Financial Officer will be departing the company, effective March 8, 2013. Alex Mendez

Mount Sinai Medical Center announced that Alex Mendez has been promoted to Executive Vice President of Operations and Chief Financial Officer. Mendez, who joined Mount Sinai’s executive team in late 2001, previously served as the hospital’s Senior Vice President and Chief Financial Officer. Mendez entered the healthcare field in 1992 at Kendall Regional Medical Center, HCA, and quickly moved up the ranks to become the Chief Financial Officer in 1995, and adding the Chief Operating Officer duties in 1998. Mendez later joined Cedars Medical Center, HCA, before coming to Mount Sinai in November 2001.

Douglas Jeffries

WhaleShark Media, Inc. announced that it has appointed Douglas Jeffries as its Chief Financial Officer. Most recently, Doug was Executive Vice President & Chief Financial Officer of Taleo. Prior to Taleo, Doug was Senior Vice President and Chief Financial Officer at Palm, Inc. Previously, he was Vice President of Finance and Chief Accounting Officer at eBay.

Synteract hired Keith Kelson as chief financial officer. Prior to this position, Kelson served as executive vice president and chief financial officer for Insight Health Services Holdings Corporation. Prior to that, Kelson served as chief financial officer at Securus Technologies.

RockTenn (NYSE: RKT) announced that Steven Voorhees has been elected President and Chief Operating Officer. Voorhees joined RockTenn as Executive Vice President and Chief Financial Officer in 2000 and added the responsibilities of Chief Administrative Officer in 2008.

Northfield Bancorp, Inc. (NASDAQ: NFBK) the holding company for Northfield Bank, announced that Steven M. Klein will be appointed President of the Company and Northfield Bank and William R. Jacobs will be promoted to Chief Financial Officer of both entities. Mr. Klein joined the Company in 2005 and has served as Chief Financial Officer since that time. He was also named Chief Operating Officer in March 2011 and will retain that title. Mr. Jacobs has served as Controller since joining the Company in 2006. In 2012, Mr. Jacobs was named Principal Accounting Officer.

Meritor, Inc. (NYSE: MTOR) announced that Jay Craig, previously vice president and chief financial officer, has been appointed senior vice president and president of Meritor’s Commercial Truck & Industrial segment. Replacing Craig in his role of chief financial officer is Kevin Nowlan, Meritor’s vice president and controller since 2010. Prior to that, Nowlan held roles including Treasurer and vice president of Shared Services at the company.

PolyMedix, Inc. (OTC: PYMX) announced that Nicholas Landekic’s employment as president and chief executive officer ceased. The company appointed Edward F. Smith as acting president and chief executive officer. Smith has served as Vice President, Finance, Chief Financial Officer and Secretary of PolyMedix, Inc. since January 2006. From 2000 to 2005, he was Executive Director of Finance at InKine Pharmaceutical Company, Inc. From 1993 to 1999, Mr. Smith held various positions of increasing responsibility in public accounting, most recently at Deloitte & Touche LLP.

Calavo Growers, Inc. (NASDAQ: CVGW) appointed Michael A. DiGregorio to fill the board position vacated by Mr. Alva Snider, who passed away in May 2012. A CPA by background, Mr. DiGregorio has been CFO of public and private companies, and also as president of two large organizations. 13 of those years were spent working with private equity groups.

Black Elk Energy Offshore Operations, LLC appointed Gary Barton as its interim Chief Financial Officer. Mr. Barton currently serves as a Senior Director with Alvarez & Marsal North America, LLC (“A&M”) in Houston, Texas, a position he has held since April 2008. Prior to joining A&M, Mr. Barton was a Senior Managing Director at FTI Consulting, Inc. from August 2002 to March 2008 and held various positions at PricewaterhouseCoopers LLP, including Partner, from 1990 to 2002.

CHS Inc. (NASDAQ: CHSCP) announced that David Kastelic notified that he intends to retire from his position of Executive Vice President and Chief Financial Officer effective September 3, 2013, concluding a 20-year career with the Company.

Sutro Biopharma announced the appointment of Edward C. Albini as chief financial officer. Mr. Albini joins Sutro from Itero Biopharmaceuticals where he was chief financial officer. Prior to joining Itero, he was chief financial officer at Novacea. Earlier, Mr. Albini was the chief financial officer of Lynx Therapeutics. He worked for more than 14 years in various financial management positions at Genentech, including director of finance for international operations and director of financial planning and analysis.

American Media, Inc. announced the appointment of David R. Hughes to the Board of Directors. Mr. Hughes currently serves as Corporate Executive Vice President, Chief Financial Officer and Corporate Secretary of Trump Entertainment Resorts, Inc. which he joined in November 2010. Mr. Hughes was previously employed by MTR Gaming Group, Inc. where he was Corporate Executive Vice President and Chief Financial Officer from May 2008 through November 2010 and held positions of increasing responsibility, including Corporate Executive Vice President Strategic Operations and Chief Operating Officer, from 2003 to 2008.

Rafter announced that it has appointed Charles Ferer as the company’s chief financial officer (CFO). Prior to joining Rafter, Ferer served executive roles at a number of high-growth technology companies, including serving as the CFO of SolarCity, and president of EchoFirst. Prior to his experiences in the solar industry, Ferer held several senior posts at Fortune 100 corporations such as PepsiCo, Transamerica and the GAP.

Answers announced the appointment of Matt Derdeyn as Chief Financial Officer (CFO). Prior to joining Answers, Derdeyn served as Senior Vice President, Corporate Finance at Charter Communications. He also held leadership and finance roles at Mediacom Communications, Credit Suisse and Donaldson, Lufkin & Jenrette.

UQM Technologies, Inc. (NYSE: UQM) announced that Treasurer and Chief Financial Officer Donald A. French, plans to retire on July 31, 2013. Mr. French joined the company in 1987 and has served as the Chief Financial Officer over most of his 25 year tenure.

Primary Energy Recycling Corporation (TSX: PRI) announced that V. Michael Alverson, Primary Energy Recycling’s Chief Financial Officer, has decided to retire later this year and, as a result, will step down from his position effective February 1, 2013. Mr. Joseph Powell has been promoted to Executive Vice President and Chief Financial Officer (CFO). Mr. Powell was most recently the Company’s Vice President and Chief Accounting Officer (CAO) and has been involved with Primary Energy Recycling since its 2005 initial public offering as a direct employee, and under the prior Management Agreement structure.

Brooks Automation, Inc. (NASDAQ: BRKS) announced that Martin S. Headley, Executive Vice President and Chief Financial Officer has given notice of his intention to retire.

3DIcon Corporation (OTC: TDCP) appointed Ronald Robinson to serve as the Company’s Chief Financial Officer. Accordingly, the Company decided not to renew its agreement with Christopher T. Dunstan pursuant to which Mr. Dunstan served as the Company’s Interim Chief Financial Officer. Mr. Robinson was a partner in three large local CPA firms spanning the last forty years, the latest of which was Sutton Robinson Freeman & Co., PC, from 1999 through 2010. He has been an SEC compliance and accounting consultant for 3DIcon Corporation since 2010.

TTM Technologies, Inc. (NASDAQ: TTMI) announced that Steven Richards, the company’s Executive Vice President and Chief Financial Officer has resigned from the company to pursue other interests. The company also announced that Todd Schull has been appointed Executive Vice President, effective February 20, 2013 and will assume the role of Executive Vice President and Chief Financial Officer of TTM Technologies, Inc., effective March 2, 2013. Mr. Schull joins TTM Technologies from Sanmina Corporation, where he served as Senior Vice President of Finance and Corporate Controller. Prior to joining Sanmina, Mr. Schull was Corporate Controller of Ultratech from 2003 to 2005. He started his career with Deloitte LLP and then held leadership positions with Verbatim Corporation, Solectron Corporation, Tidal Software, Repeater Technologies, and VA Linux.

Central Federal Corporation (NASDAQ: CFBK) and CFBank announced that Therese Ann Liutkus submitted her resignation as Treasurer and Chief Financial Officer.

Midway Gold Corp. (NYSE: MDW) announced that Fritz Schaudies, the Company’s CFO, will be resigning from Midway. He will remain in his current position until a suitable replacement has been found and the transition has been made. Matthew Anderson

Mark G. Anderson Consultants (“MGAC“) announced that Matthew P. Anderson has been promoted to Chief Financial Officer. Anderson previously served as the Corporate Controller for the company. Anderson has been a member of the MGAC team since 2005.

Cubic Corporation (NYSE: CUB) announced that it has named William W. Boyle as Chief Executive Officer. Mr. Boyle, formerly the Executive Vice President and Chief Financial Officer, had also been serving as Interim President and CEO since the passing of the company’s founder and former CEO, Walter J. Zable, in June 2012. Mr. Boyle joined Cubic Corporation as Chief Financial Officer in 1983. The Board also promoted John “Jay” D. Thomas to the position of Executive Vice President and Chief Financial Officer. Mr. Thomas has been Senior Vice President Finance and Corporate Development since June 2012. He was Vice President Finance since 1994 and also Vice President Corporate Development since 2008. He has held a variety of corporate management positions with the Company since 1980.

Infor, Inc. announced that it has appointed Jay Hopkins as Interim Chief Financial Officer. Mr. Hopkins will replace Kevin Samuelson who, as previously reported on December 27, 2012, has notified the Company that he intends to resign from his position as Chief Financial Officer to pursue other opportunities. Mr. Hopkins has served as the Company’s Senior Vice President, Controller and Chief Accounting Officer from February 2009 to date. Before joining the Company, Mr. Hopkins served as Vice-President and Controller at MicroStrategy, Inc. from January 2008 to January 2009. Prior to MicroStrategy, Inc., Mr. Hopkins served as Worldwide Controller at the Internet Security Systems, Business Unit of IBM from October 2006 to December 2007, and Vice-President, Corporate Controller, and Chief Accounting Officer at Internet Security Systems, Inc. from January 2006 to October 2006.

Saga Energy, Inc. (OTC: SAGA) announced that Dading Soetarso resigned from his position as Chief Financial Officer. Ricardo Hsu has been appointed the Chief Financial Officer. Ricardo Hsu has served as the Chief Financial Officer of Kingstar S.A. since August 2004. He served as the Chief Financial Officer of Network Fueling Corporation from January 2002 to July 2004. Mr. Hsu also served as the Chief Financial Officer of Zelcom Industries, Inc. from October 1998 to December 2001.

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

Mardi 5 Mars 2013
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