Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, Fintech, DeFi, Blockchain, Web 3 News

USA | CFO Moves – week ending February 17, 2017

Tracking CFO Movement Across Canada.

Hallmark Cards, Inc. [KANSAS CITY] announced that Sharon L. McCollam, former executive vice president and chief administrative and chief financial officer of Best Buy Co., Inc., and former executive vice president and chief operating and chief financial officer of Williams-Sonoma Inc., has been elected to the board of directors. McCollam today serves as a member of the board of directors of and Sutter Health.

Vera Bradley, Inc. [Roanoke, Indiana] announced that Kevin Sierks, Executive Vice President and Chief Financial Officer of Vera Bradley, will be leaving the Company. John Enwright, Vice President of Financial Planning and Analysis, will assume the position of Interim Chief Financial Officer. Enwright joined the Company in 2014 and held various financial positions of increasing responsibility at Tiffany & Co. for the fifteen years prior to joining Vera Bradley.

Cognex Corporation [NATICK, Mass.] (NASDAQ: CGNX) has announced the retirement of Richard A. Morin, Executive Vice President of Finance and Administration and Chief Financial Officer, after 18 years with the company. John J. Curran, Cognex’s Senior Vice President of Finance, will succeed Mr. Morin as CFO. Mr. Morin will continue with the company as Secretary of Cognex’s Board of Directors. Mr. Curran joined Cognex in September 2016 after a 21-year career at EMC Corporation, where he most recently served as Senior Vice President of Finance and Corporate Controller. Prior to that, he was Interim CFO for Pivotal, Inc.

Freeman [DALLAS] announced that Phil Rehkemper has been named executive vice president and chief financial officer of the company. Prior to joining Freeman, Rehkemper was chief financial officer for Sensity Systems. Previously, Rehkemper served as the CFO for API Technologies Corp. and was on the management team for International Rectifier as its vice president of finance, was CFO and vice president of finance at Alliance Fiber Optic Products, and was the corporate controller at Calient Networks. Rehkemper also provided financial leadership for Hewlett Packard.

QuickLogic Corporation [SUNNYVALE, CA] (NASDAQ: QUIK) has promoted Sue Cheung to chief financial officer in addition to vice president of finance. Sue Cheung joined QuickLogic in 2007, and has assumed increasing responsibility for the financial management of the company. Most recently, Dr. Cheung was promoted to Vice President of Finance and Chief Accounting Officer in August 2016 after having served as Principal Accounting Officer since May 2015. Prior to joining QuickLogic, Dr. Cheung was a Senior Manager of SEC Reporting and Technical Accounting at Dell SonicWALL from 2006 to 2007 and was the Senior Accounting Manager at VeriFone System, Inc. from 2005 to 2006. Prior to 2005, Dr. Cheung held various senior accounting and financial management roles in both publicly traded and privately held companies. Dr. Cheung began her career with PricewaterhouseCoopers (PWC) where she served as an auditor and as a tax consultant.

Wood Partners [ATLANTA] announced that Matt Trammell has been named its new Chief Financial Officer. Trammell has worked for Wood Partners for over eight years, where he most recently served as Senior Vice President of Finance and Asset Management.

Carlisle Companies Incorporated [SCOTTSDALE, Ariz.] (NYSE: CSL) announced the appointment of Robert M. Roche as Vice President and Chief Financial Officer. He replaces Steven J. Ford, who will continue to serve as Vice President, Secretary and General Counsel of the Company and retain responsibility for managing the Company’s investor relations. Mr. Roche joins Carlisle from Johnson Controls plc where he most recently served as JCI/Tyco Merger Integration Lead. Mr. Roche joined Tyco in 2003 and has held several senior operating and finance positions including Senior Vice President of Finance, Senior Vice President and Chief Operating Officer and Senior Vice President, Corporate Audit Services.

Persado [NEW YORK, NY] announced the appointment of Grigoris Kouteris as Chief Financial Officer. Mr. Kouteris was most recently at Upstream, as Upstream’s Managing Director since 2012. Other positions he held at Upstream, which he joined in 2006, included business development, global account management, and commercial operations. Before that at strategy consulting firm Mars & Co. He was also senior consultant at the European Tech Labs of Accenture.

Hawaiian Electric Industries, Inc. [HONOLULU] (NYSE: HE) announced that James A. Ajello, HEI’s Executive Vice President and Chief Financial Officer (CFO), will retire. HEI has named Gregory C. Hazelton, HEI’s Senior Vice President, Finance, as his successor. Ajello will join the board of directors of HEI subsidiary American Savings Bank, F.S.B. (American). Hazelton, has over 25 years’ experience in the power and utility sector commencing with an eight-year career at Portland General Electric as a CPA in a variety of financial roles. Hazelton spent more than 12 years at leading global investment banking firms, including as Managing Director in the Global Power & Utilities Group of UBS Investment Bank. Prior to returning to HEI in October 2016, Hazelton served as Senior Vice President, CFO and Treasurer for Northwest Natural Gas Company.

Xignite [SAN MATEO, Calif.] announced that former Microsoft executive Mark Rowe has joined the company as its Chief Financial Officer (CFO). Prior to joining Xignite, Rowe was Interim CFO and Vice President, Finance and Operations at 3D Robotics. Previously Rowe spent over ten years at Microsoft in various senior finance leadership roles. Most recently he was Senior Director, Finance Business Intelligence. Prior to Microsoft, Rowe was CFO at Myrio Corporation, and Corporate Controller at

Nephros, Inc. [RIVER EDGE, NJ] (OTCQB: NEPH) announced that it had hired Andrew Astor as Chief Financial Officer. Mr. Astor was most recently President and Chief Financial Officer at Open Source Consulting Group. Previously, he was a Managing Director at Synechron, from 2013 to 2015. From 2009 to 2013, he served as Vice President at Asurion. Mr. Astor was co-founder of the software company EnterpriseDB, and served as its CEO from 2004 to 2008. Mr. Astor was Vice President, Strategic Solutions at webMethods, from 2002 to 2004. Mr. Astor was Vice President of Transactional Products at Dun & Bradstreet from 1998 to 2001. Prior to 1998, Mr. Astor held various roles at American Management Systems, SHL/MCI Systemhouse, and Ernst & Young.

JBG Companies [CHEVY CHASE, Md.] announced that Stephen W. Theriot will serve as Chief Financial Officer of JBG SMITH Properties. Mr. Theriot has served as Chief Financial Officer of Vornado Realty Trust since 2013. Prior to joining Vornado, Mr. Theriot had been a partner of Deloitte & Touche LLP, most recently serving as the Managing Partner of Deloitte’s Northeast real estate practice. He joined Deloitte in 1986 and for many years was Vornado’s lead outside auditor.

Vornado Realty Trust [New York, New York] announced that Joseph Macnow, Vornado’s Executive Vice President – Finance and Chief Administrative Officer and its long-time Chief Financial Officer prior to 2013, will become Chief Financial Officer on an interim basis, following the departure of Stephen W. Theriot, Vornado’s Chief Financial Officer since 2013.

STX Entertainment [BURBANK, Calif.] announced the appointment of Andrew Warren as Chief Financial Officer. Warren comes to STX from Discovery Communications where he served as Senior Executive Vice President and Chief Financial Officer. Previously, he was CFO of Liz Clairborne, Inc. and held senior executive positions at General Electric, and he led all finance activities at the NBC Network, Studios, CNBC, MSNBC, USA, SciFi and Bravo. Warren began his career in the Financial Management Program at GE.

Terex Corporation [WESTPORT, Conn.] (NYSE: TEX) announced that John D. Sheehan will succeed Kevin Bradley as Senior Vice President and Chief Financial Officer. Mr. Sheehan most recently served as Executive Vice President and Chief Financial Officer of Mylan, Inc., from 2010 through April 1, 2016. Prior to joining Mylan, Mr. Sheehan worked in a variety of financial positions at Delphi Corporation. During his last two years at Delphi he served as Chief Financial Officer. Additionally, Mr. Sheehan’s experience includes 20 years with KPMG LLP where he was an Audit Engagement Partner.

Fasten [BOSTON, MA] announced the addition of David Piperno as Chief Financial Officer. Piperno spent the past three years as vice president of strategy and finance at Zipcar. He joined Zipcar from its parent company Avis Budget Group where he served as vice president and corporate controller. Prior to Avis Budget, he spent more than a decade in senior positions at AIG and Deloitte in finance, risk management and mergers and acquisitions.

Exeter Finance Corp. [IRVING, Texas] announced the appointment of company veteran Brad Nall to Chief Financial Officer. Nall joined Exeter Finance Corp. in July 2012 and has over 25 years of experience in the consumer finance industry. Prior to Exeter, he spent 12 years at Citi’s auto finance and personal loan businesses in various finance roles.

BitSight [CAMBRIDGE, Mass.] announced that Brian Cohen joins BitSight as the company’s first Chief Financial Officer. Prior to joining BitSight, Cohen served as CFO of DigitalOcean.

Synchronoss Technologies, Inc. [Bridgewater, New Jersey] announced that Karen L. Rosenberger was resigning as the Company’s Executive Vice President, Chief Financial Officer and Treasurer. The Company has initiated an external search for a full time successor as Chief Financial Officer.

Adgero Biopharmaceuticals Holdings, Inc. [PRINCETON, NJ] announced that it has appointed Jane M. Maida as Chief Financial Officer and Vice President of Finance. Ms. Maida joins the Adgero team from her most recent role as Chief Financial Officer of Signum Biosciences, Inc. While at Signum Biosciences, Inc., she also served as the CFO for its subsidiaries, Signum Dermalogix, Inc. and Signum Nutralogix, Inc. Prior to that, Ms. Maida served as the CFO of Abeille Pharmaceuticals, Inc. Ms. Maida also served as CFO and Chief Accounting Officer at Physiome Sciences, Inc. Prior to that, she served as Vice President of Finance and Chief Accounting Officer of Cytogen Corporation. Other positions Ms. Maida has held include Chief Financial and Information Officer at Mustard Seed, and Director of Finance at The Liposome Company, Inc.

NeuLion, Inc. [PLAINVIEW, NY] (TSX: NLN) announced that Tim Alavathil is taking on the role of Chief Financial Officer, replacing Trevor Renfield, who resigned from the position. Mr. Alavathil previously held the position of Chief Accounting Officer since June 2016 and prior to that was Senior Vice President, Finance of the Company since November 2014. Mr. Alavathil also held the position Director, Financial Reporting and Accounting from September 2005 to October 2014.

Frank’s International N.V. [HOUSTON] (NYSE: FI) announced that Jeffrey Bird, Frank’s Executive Vice President and Chief Financial Officer will leave the Company. The Company’s Board of Supervisory Directors has named Kyle McClure, the Company’s Senior Vice President of Finance and Treasurer, as Interim Chief Financial Officer.

Identiv Inc. [FREMONT, Calif.] (NASDAQ: INVE) announced that Sandra Wallach has been appointed Chief Financial Officer. Sandra Wallach follows Steven Finney, who has been serving as Interim CFO since November 2015. Prior to joining Identiv, Ms. Wallach was the VP Finance for MiaSole, as well as CFO for subsidiary Global Solar. Prior to that, she served as CFO of San Francisco-based UBM Tech, a subsidiary of UBM LLC, and VP Finance at Juniper Networks (from 2008 – 2011) as well as holding different financial management positions with Intuit (2003 – 2007). Before joining Intuit, Ms. Wallach served as CFO of General Electric’s (GE) Industrial Systems, Drives & Controls division. Previously, she held a range of financial and management positions since joining GE in 1986.

TPC Group [HOUSTON] announced the appointment of Bart de Jong as Senior Vice President and Chief Financial Officer (CFO) of the Company. Mr. de Jong has been working with the Company for the past 10 months on a consulting basis. Mr. de Jong began his career in auditing with KPMG, then held various accounting and internal audit positions at ExxonMobil. He spent the majority of his career with LyondellBasell and predecessor companies, with a wide range of experiences and responsibilities in strategic planning, finance, corporate development and human resources. During his time at LyondellBasell, Mr. de Jong served as President of a number of divisions, including inorganic chemicals and fuels, as well as leading LyondellBasell’s Americas businesses and operations. Early in his career, he also served as CFO of a startup technology company.

Samuel Dergel - The CFO Expert.
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