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USA | CFO Moves – week ending February 21, 28, 2014


Tracking CFO movement across the USA.



USA | CFO Moves – week ending February 28, 2014

CBRE Group, Inc. (NYSE: CBG) announced that Jim Groch will serve as Chief Financial Officer and Global Director of Corporate Development and Gil Borok will serve as Deputy Chief Financial Officer and Chief Accounting Officer. Arlin Gaffner, who has served as Chief Accounting Officer, will assume new responsibilities as Chief Financial Officer of the Americas operations.

Salesforce.com (NYSE: CRM) announced that Graham Smith, chief financial officer, has decided to retire in March 2015. Smith has been CFO since March 2008.

Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced the promotion of Eugene A. Castagna, previously the Company’s Chief Financial Officer and Treasurer, to the role of Chief Operating Officer. Susan E. Lattmann, formerly the Company’s Vice President – Finance, has been promoted to Chief Financial Officer and Treasurer. Mr. Castagna has been with the Company since November 1994 and has served as CFO and Treasurer since 2006. Previously, he served as Assistant Treasurer from 2002 to 2006 and as Vice President – Finance from 2000 to 2006. In addition, Mr. Castagna’s duties have included several key operational functions, including primary responsibility for the Company’s integration and growth of its baby product business since the Company’s acquisition of buybuy BABY in 2007, and helping lead the integration efforts following the Company’s 2012 acquisition of Cost Plus World Market. Ms. Lattmann has been with the Company since August 1996. She has been Vice President – Finance since 2006, and previously served as Vice President – Controller from 2001 to 2006 and Controller from 2000 to 2001. Prior to joining the Company, Ms. Lattmann spent six years with the firm of Arthur Andersen.

Nielsen (NYSE: NLSN) announced CFO Brian West’s promotion to the role of Chief Operating Officer. Jamere Jackson, who joins the company from General Electric, has been appointed Chief Financial Officer. West has been Nielsen’s CFO since 2007. Prior to joining Nielsen, he spent 16 years at General Electric where he held senior financial positions in GE businesses including Aviation, Plastics and NBC. He began his career through the GE Financial Management Program in 1991. West succeeds Mitchell Habib who will move to the next phase of his career after a transition period. Jackson spent nearly ten years in senior finance roles at General Electric, including key roles within the Oil & Gas and Aviation businesses. Prior to that he held financial, controller and planning roles with several of Nielsen’s largest clients, including PepsiCo and The Procter & Gamble Company.

American Greetings Corporation announced it has appointed Gregory Steinberg as the Company’s Chief Financial Officer. Mr. Steinberg was most recently the Company’s Corporate Treasurer. The Company’s previous CFO, Stephen J. Smith, recently announced that he is resigning from the Company to accept another employment opportunity.

Principal Financial Group (NYSE: PFG) announced that Terry Lillis is promoted to executive vice president and chief financial officer. Lillis joined The Principal in 1982 as an actuarial student. He held various senior actuarial and management roles through 2000 when he was named chief financial officer – Retirement & Investor Services. He was promoted to senior vice president and chief financial officer for The Principal in 2008. Lillis also serves on the Mercy Medical Center Finance Board Committee, the Simpson College Board of Trustees, the Henry B. Tippie College of Business Advisory Board, and the Diocese of Des Moines and Catholic Charities Finance Council.

Ameriprise Financial, Inc. (NYSE: AMP) announced that Dianne Neal Blixt has been appointed to its board of directors, and will stand for election at the company’s annual meeting of shareholders on April 30, 2014. Ms. Blixt was most recently executive vice president and chief financial officer of Reynolds American Inc. from 2003 to 2007. She held multiple senior finance and accounting roles over a 20-year career with the company. Ms. Blixt is currently a director of Lorillard, Inc., is co-founder and principal of C&D Ventures, and served on North Carolina Governor-Elect Pat McCrory’s budget appropriations advisory team.

Amedisys, Inc. (NASDAQ: AMED) announced that the Board of Directors has named President and Chief Financial Officer Ronald (Ronnie) A. LaBorde Interim CEO. Mr. LaBorde has served Amedisys for two years in the role of President and CFO. He has been a member of the Company’s Board of Directors for 17 years, serving as Lead Director for nine of those years before accepting his management position within the Company.

SG360º announced the hiring of Marcus Bradshaw as its new executive vice president and chief financial officer. Mr. Bradshaw will take over responsibilities from long-time SG360º chief financial officer, Gary Gardner who is retiring after more than 14 years with the company. Mr. Bradshaw joined SG360º from PromoWorks where he was chief financial officer for the consumer engagement services company for the past five years. He has also held executive financial and business strategy positions for Valassis Inc.’s international coupon division NCH and Kraft Foods’ global snack division.

El Camino Hospital announced that it has appointed Iftikhar Hussain as the hospital’s new Chief Financial Officer (CFO). Mr. Hussain will replace interim CFO, Ned Borgstrom, starting in April. Mr. Hussain previously served as the chief financial officer of Mills-Peninsula Health Services in Burlingame, Calif. Prior to his position at Mills-Peninsula Health Services, Mr. Hussain has held include Director of Finance at Alta Bates Summit Medical Center in Oakland, Calif. He also spent five years as the Director of Accounting Services at Mercy Healthcare/Catholic Healthcare West in Sacramento, Calif., and four years at – what was formally known as – Arthur Andersen.

Dana Holding Corporation (NYSE: DAN) announced that R. Bruce McDonald has been appointed to the board of directors. Mr. McDonald is executive vice president and chief financial officer of Johnson Controls Inc. He will serve on the audit and compensation committees of the board. Mr. McDonald joined Johnson Controls in November 2001 as vice president and corporate controller and was promoted to assistant chief financial officer in 2004. He was appointed vice president and chief financial officer in 2005 and named executive vice president in 2006. Mr. McDonald began his career with Ernst & Young. In 1987, he joined Varity Corporation, where he held a variety of operational finance positions in the United Kingdom from 1993 to 1998. In 1998, McDonald was appointed vice president, finance, legal, and IT of Lucas Varity Automotive in Livonia, Mich., which was subsequently acquired by TRW, Inc. He held a variety of financial positions of increasing responsibility at TRW, where he became vice president of finance for TRW Automotive. Mr. McDonald serves as chairman of the board of directors for Columbia St. Mary’s Hospital in Milwaukee, a member of the board of trustees and treasurer for the Milwaukee Art Museum, and a member of the board of directors and treasurer for the United Way of Greater Milwaukee.

Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) announced the promotion of David B. Amy to Executive Vice President and Chief Operating Officer of Sinclair from Executive Vice President and Chief Financial Officer, and names Christopher Ripley as Chief Financial Officer, effective April 2, 2014. Mr. Amy most recently served as Executive Vice President and Chief Financial Officer of Sinclair since 2001. Prior to that, he served as Executive Vice President from 1999 to 2001 and as Vice President and CFO from 1998 to 1999. Prior to that, he served as CFO from 1994 to 1998. In addition, he serves as Secretary of Sinclair Television Group, Inc. Mr. Amy has 30 years of broadcast experience, having joined Sinclair in 1984 as a Business Manager for WPMY (formerly WPTT-TV) in Pittsburgh, Pennsylvania. Mr. Amy serves as a member of the Board of Directors of KDSM, LLC, and The Maryland Science Center. He is also a member of the Board of Managers of Triangle Sign & Service, LLC and Chairman of the Board of Managers of Alarm Funding Associates, LLC. Mr. Ripley most recently and from 2013 served as Founder and Managing Partner of Canor LLC, a boutique media/entertainment advisory firm. From 2001 to 2013, he was a Managing Director at UBS Investment Bank’s Global Media Group and served as Head of the Los Angeles office. From 2000 to 2001, he was a Principal in Prime Ventures LLC. Prior to that and from 1998, Mr. Ripley worked in the investment banking division of Donaldson, Lufkin & Jenrette Securities Corporation.

Valmont Industries, Inc. (NYSE: VMI) announced that Mark C. Jaksich has been appointed Valmont’s Executive Vice President and Chief Financial Officer. Mr. Jaksich will succeed Terry J. McClain as Valmont’s CFO. Mark’s career with Valmont spans 30 years including positions as controller for the international division, director of internal audit and a number of other accounting positions. For the past 14 years, Mark has served as the Company’s Chief Accounting Officer in the role of Vice President and Corporate Controller.

AZZ incorporated (NYSE: AZZ) announced that Dana Perry, senior vice president of finance, chief financial officer and secretary of AZZ, will retire effective May 31, 2014. Paul W. Fehlman has agreed to join the company and will transition into the company’s roles of senior vice president of finance, chief financial officer and secretary of AZZ. He was most recently with Flowserve Corporation in Irving, Texas, serving as Vice President Finance for the Engineered Products Division, and also previously held roles as Vice President Treasurer and Vice President Financial Planning and Analysis and Investor Relations at Flowserve. An AZZ employee for the past 39 years, Mr. Perry is a member of the Company’s Board of Directors and will continue in that capacity for the foreseeable future. Mr. Perry will work closely with Mr. Fehlman to effect a seamless transition.

Investment Professionals Inc. (IPI) announced the promotion of Christine Walters to Chief Financial Officer. Walters joined IPI in 2008, bringing with her over 20 years of accounting experience.

Spartan Motors, Inc. (NASDAQ: SPAR) announced that Lori Wade has been named Chief Financial Officer and Treasurer. Ms. Wade has served as Spartan’s Interim Chief Financial Officer and Treasurer since early 2013. Ms. Wade joined Spartan in February 2008 as the Company’s Executive Director of Finance. Prior to joining Spartan, she spent more than 21 years at Eaton Corporation where she served as Truck Group Worldwide Sarbanes-Oxley Manager and various other controller and financial management positions.

DecisionPoint™ Systems, Inc. (OTC: DPSI) announced that Michael Roe has been promoted to Chief Financial Officer. Mr. Roe was formerly DecisionPoint’s Senior Vice President-Finance and Chief Accounting Officer. He joined DecisionPoint in October 2012. Before joining DecisionPoint, Michael worked as an independent financial consultant from 2011-2012. Prior to that, from 2006-2011, Michael was Chief Accounting Officer, Vice President-Finance for Aliso Viejo, CA-based Metagenics. From 2004-2006, Michael was Chief Financial Officer for Irvine, CA-based Duncan Solutions. He also worked for QLogic Corp. and KPMG LLP.

Computech, Inc. has named Chris Mills as its new Chief Financial Officer/Chief Operating Officer. Prior to working at Computech, he served as President/Chief Financial Officer of CyberCore Technologies. Mills replaces Fran De Venoge as Computech’s Chief Financial Officer. De Venoge retires at the end of February after 10 years of service at Computech.

Guavus announced that Mike Staiger has joined the company as chief financial officer. Mike formerly served as chief financial officer of programmable logic solutions provider Tabula. Prior to joining Tabula, he was executive vice president and chief financial officer of Copper Mountain Networks (NASDAQ: CMTN).

Marrone Bio Innovations, Inc. (NASDAQ: MBII) announced it has hired James B. Boyd as Vice President and Chief Financial Officer (CFO). His background includes over 12 years as a public company CFO including seven years as the CFO of ESS Technology, and three years as the CFO of Silicon Storage Technology. He has also been the CFO of several start-ups including Link-A-Media Devices which was recently successfully sold to Hynix.

Sykes Enterprises, Incorporated (NASDAQ: SYKE) announced that its current Executive Vice President and Chief Financial Officer Mike Kipphut, who has been with the Company since 2000, will be retiring April 15, 2014. John Chapman has been appointed to replace Mike Kipphut as Chief Financial Officer. John has been with SYKES for a total of 12 years. He joined the Company as the VP of Finance, managing the EMEA finance function. In 2011 he added the title of operations to his finance responsibilities.

SP Plus Corporation (NASDAQ: SP) announced that Vance C. Johnston will join the Company as Executive Vice President of Finance. Effective on the first business day following the Company’s filing of its annual report on Form 10-K for 2013 with the SEC in mid-March, Mr. Johnston will assume the positions of Executive Vice President, Chief Financial Officer and Treasurer. Upon Mr. Johnston’s assumption of his duties as CFO, G Marc Baumann, who currently serves as Chief Financial Officer, Treasurer and President of Urban Operations, will become President and Chief Operating Officer of the Company. Mr. Johnston most recently served as Chief Financial Officer and Senior Vice President of Furniture Brands International, Inc. Prior to Furniture Brands, he was Chief Financial Officer for Miami Jewish Health Systems and Vice President, Corporate Strategy at Royal Caribbean Cruises, Ltd. Mr. Johnston has also held various positions in strategy, finance and operations at OfficeMax and Burger King. He began his career at KPMG.

USA | CFO Moves – week ending February 21, 2014

The Coca-Cola Company announced Executive Vice President and Chief Financial Officer Gary P. Fayard will retire in May 2014, after 20 years of service with the Company. The Coca-Cola Company named Kathy N. Waller to succeed Fayard in the role of Chief Financial Officer. Waller currently serves as Vice President, Finance and Controller. She joined the Company in 1987 as a senior accountant in the Accounting Research Department and soon became principal accountant for the Northeast Europe/Africa Group, followed by Marketing Controller for the McDonald’s Group. Since then, she has taken on a number of roles of increasing responsibility, including financial services manager for The Minute Maid Company and Corporate Director of Financial Reporting. In 2004, Waller was named Vice President and Chief of Internal Audit. In 2009, Waller was named Vice President and Controller, a role that was expanded in 2013 to Vice President, Finance and Controller, adding global accountability for Corporate Treasury, Corporate Tax and Finance Capabilities.

Nautilus, Inc. (NYSE: NLS) announced that Sid Nayar has been appointed as the Company’s Chief Financial Officer. Mr. Nayar joins Nautilus from Congoleum Corporation. Mr. Nayar joined Congoleum in 1986 and held increasingly senior accounting and finance positions, including Senior Vice President, Finance and Chief Financial Officer since 1999.

Virgin Galactic announced John S. Rego has joined the company as its new Chief Financial Officer. He joins Virgin Galactic after serving as CFO for AppSense, Inc. He spent nearly eight years as executive vice president, CFO and treasurer for Vonage Holdings Corp. Other experience includes senior leadership positions at Petra Solar, Inc., RCN Corporation and Winstar Communications, among others.

Exterran Holdings, Inc. (NYSE: EXH) announced that the company’s Chief Financial Officer, William M. Austin, has decided to retire effective April 4, 2014. Austin also plans to retire as Senior Vice President and director of Exterran GP LLC, the managing general partner of Exterran Partners (NASDAQ: EXLP), effective as of April 4, 2014.

The Art Institute of Chicago is pleased to announce the appointment of Alison D. Sowden as the organization’s new Executive Vice President and Chief Financial Officer, effective April 28, 2014. Sowden comes to the Art Institute after 24 years at the Huntington Library, Art Collections, and Botanical Gardens in San Marino, California, most recently as the vice president for financial affairs.

Door to Door Organics announced that David P. Maytubby has been named as the company’s chief financial officer (CFO). Maytubby most recently served as CFO of LineRate Systems, Inc.

OpenX Technologies, Inc. announced the appointment of Tom Fuelling as chief financial officer. He joins OpenX from Hulu, the online video service where he served as senior vice president and chief financial officer. Prior to Hulu, Fuelling served as chief financial officer at a number of companies, including Ascent Media Network Services, a Liberty Media company; ARTISTdirect; and Village Roadshow Pictures. Fuelling began his career at PriceWaterhouse where he spent eight years in the entertainment practice.

The MGIS Companies, Inc. announced the appointment of Blaine Moon as chief financial officer.

Kimball International, Inc. (NASDAQ: KBALB) announced the appointment of Robert F. “Bob” Schneider to the Company’s Board of Directors. Mr. Schneider currently serves as Executive Vice President and Chief Financial Officer of Kimball International. He is also a member of the Advisory Board of FM Global Insurance.

Nexant announced that Jonathan Foster has joined the company as chief financial officer. Previously, Foster served as CFO of LS9, Inc. Prior to LS9, he served as CFO and Executive VP of Corporate Development at Atempo, Inc. His previous positions include CFO, Keymage, Inc.; Senior VP, Corporate Development and General Counsel at 8×8, Inc.; and Deputy Director for Management and General Counsel for the White House Office of Science and Technology Policy. Foster is a member of the Board of Directors of the California Clean Energy Fund. He also serves as vice-chair of the utilities commission in Palo Alto, California and is a member of the national advisory council for Environmental Entrepreneurs (E2).

California Dairies, Inc. announced that David Camp has joined its executive team as senior vice president and CFO. Camp was most recently with Roll Global, LLC, where he was the vice president and group controller. His previous experience includes CFO at Technicolor Creative Services, head of internal audit at Novartis, director of internal audit at Kellogg Company, and audit manager at Deloitte & Touche, LLP.

Fresh Healthy Vending International, Inc. (OTC: VEND) announced its appointment of Mark Cole as the company’s chief financial officer. His experience in the private sector includes serving as vice president and corporate controller for Crocs, Inc., and Ashworth, Inc. In addition, he has served as a director for Westbridge Research Group since 2005.

Solid Landings Behavioral Health recently appointed Kevin Gallagher, as new chief financial officer (CFO). He spent the last 10 years serving as CFO and COO of a Los Angeles based international distributor of health and wellness products and has held senior financial executive positions at Nestle USA and Witco Chemical Corp.

2FA, Inc. announced that John O’Donnell has been named Chief Financial Officer (CFO). Prior to joining 2FA, Inc., Mr. O’Donnell served as the CFO and in executive management for numerous healthcare and technology-focused organizations such as: Millcreek of Arkansas, Commonwealth Medical Group, NextCARE, EPIC Healthcare Group, Charter Medical, and Specialty Hospital Group.

Nucor Corporation (NYSE: NUE) announced that Gregory J. Hayes has been elected to the board of directors effective immediately. Mr. Hayes, 53, has served as Senior Vice President and Chief Financial Officer of United Technologies Corporation (“UTC”), since 2008. Mr. Hayes joined UTC through the 1999 merger with Sundstrand Corporation, where he served as Vice President, Finance, for Sundstrand Aerospace. He was then appointed Vice President, Financial Planning and Analysis, for Hamilton Sundstrand. In 2003, he became UTC Vice President and Controller, and was appointed UTC Vice President, Accounting and Controls, in 2004. In 2006, his responsibilities were broadened to include Investor Relations.

Brown & Brown, Inc. (NYSE: BRO) announced the selection of R. Andrew Watts as Executive Vice President, Treasurer and Chief Financial Officer. Mr. Watts, formerly Global Head of Customer Administration for the Financial and Risk Division of Thomson Reuters, will assume the responsibilities of Executive Vice President and Treasurer effective immediately, and will replace the current Chief Financial Officer, Cory Walker, in March 2014, upon Mr. Walker’s previously announced retirement following the filing of the Company’s 2013 Annual Report on Form 10-K. Prior to joining Thomson Reuters, Mr. Watts was Chief Financial Officer and co-Founder of Textera, and before founding Textera, he worked as a Senior Manager with PricewaterhouseCoopers.

Marvell Technology Group Ltd. (NASDAQ: MRVL) announced it has named Michael Rashkin Chief Financial Officer. Mr. Rashkin served as the Interim Chief Financial Officer since December of 2013. Mr. Rashkin has been with the Company since 1999 and prior to this appointment served in a variety of roles in the finance organization including as VP of Tax, VP of Strategic Development and President of the Marvell Charitable Fund. Mr. Rashkin also served as Interim Chief Financial Officer of Marvell from July 2007 to January 2008. Prior to joining Marvell, Mr. Rashkin spent 13 years at Apple, where he served many executive roles, including, General Manager of Asia and Latin America, Director of Marketing for Apple Japan, Director of International Business Development, Director of Taxation, Customs, and Export Licensing, and Director of International Legal.

Integral Technologies, Inc. (OTC: ITKG) announced that Bart Snell has been named the company’s Chief Financial Officer. Snell succeeds outgoing CFO and Integral Co-founder William Ince. Snell began his career with IBM. More notable positions include CFO of IBM Australia and CFO of IBM’s semiconductor operations in Burlington, VT. He worked with an IBM and Apple team to explore joint ventures, and was Director of IBM’s world-wide Software Strategy. After leaving IBM, Mr. Snell founded his consulting company, PowerSource Solutions. Snell is also an experienced Board member, having served on the Boards of Mobile Satellite Ventures, Terrastar, IBM Australia Leasing Inc. and Motient Corporation.

Travel Advantage Network (TAN) announced that David E. Kasten has been appointed chief financial officer. Kasten has more than twenty years of U.S. and international hospitality finance experience with such companies as; Marriott International, Interstate Hotels & Resorts, and Greater China Hospitality.

American Homes 4 Rent (NYSE: AMH) announced that Peter J. Nelson, Chief Financial Officer, will resign his position, following a transition period, to pursue other career interests. Mr. Nelson joined the company as Chief Financial Officer in 2012.

Azure Midstream Energy, LLC announced that it has hired industry veteran Eric T. Kalamaras as Chief Financial Officer (“CFO”). Kalamaras most recently served as Senior Vice President and Chief Financial Officer for Valerus Energy Holdings, L.P. Prior to that, he was CFO for Delphi Midstream Partners which was subsequently sold to Williams Partners, L.P. Kalamaras served in a similar capacity before that for Atlas Pipeline Partners / Atlas Energy, L.P.

Franchise Services of North America Inc. (TSX-V: FSN) announced that David Mitchell has resigned his position as Chief Financial Officer of the Company to pursue other opportunities. The Board of Directors has appointed Ashley Chambliss as Interim Chief Financial Officer. Mrs. Chambliss has served as the Company’s Controller since November 2006 and has previously served as Interim Chief Financial Officer of the Company.

Tech Data Corporation (NASDAQ: TECD) announced the appointments of Charles V. Dannewitz to senior vice president and chief financial officer, the Americas. Dannewitz joined Tech Data in 1995, serving as senior vice president and treasurer since 2003. Prior to joining the company, he was employed by Pricewaterhouse for 13 years.

WellCare Health Plans, Inc. (NYSE: WCG) announced that Tom Tran, senior vice president and chief financial officer (CFO), will be leaving the company. He has agreed to help facilitate a smooth transition to a new CFO and will remain with WellCare until a successor is appointed or until November 30.

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

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