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USA | CFO Moves – week ending January 20, 2017


Tracking CFO Movement Across Canada.



Lowe’s Companies, Inc. [MOORESVILLE, N.C.] (NYSE: LOW) announced that Marshall A. Croom has been promoted to the position of chief financial officer. Croom succeeds Robert F. (Bob) Hull Jr., who announced plans to retire after 17 years with the company. Croom joined Lowe’s in 1997, following a successful 11-year career with Ernst & Young, including two years in the firm’s national tax department.

Disney|ABC Television announced that Robert Langer has been named executive vice president and chief financial officer. Langer replaces Peter Seymour, who, after 20 successful years with the company, announced his plans to depart the group last November. Prior to this announcement, Robert Langer served as The Walt Disney Company’s country manager for Germany, Switzerland & Austria (GSA). Langer joined Disney in 1999 as director, Business Development, Global Licensing. In 2007 he was appointed chief financial officer for the global Disney Consumer Products (DCP) division. He was appointed general manager for DCP EMEA in 2009, responsible for DCP’s merchandise, publishing and The Disney Store’s business in Europe. Previous positions within Disney include roles at Walt Disney Parks and Resorts, where he served as chief financial officer, Disneyland Resort and chief financial officer, Global Segment Operations. Before coming to Disney, he worked at The Boston Consulting Group and ART Concerts Company, located in Munich, Germany.

AIP Aerospace [SANTA ANA, Calif.] announced the appointment of Jonathon Levine as Executive Vice President and Chief Financial Officer. Most recently, he was Chief Financial and Administration Officer at Dayco. Prior to Dayco, Jonathon was the Chief Financial Officer for GKN Aerospace North America. He also spent 12 years at Tomkins PLC, including 4 years as CFO of Gates Corporation, and held senior financial positions at BAE Systems and Courtaulds Textiles.

Jaunt Inc. [PALO ALTO, Calif.] announced that it has appointed Fabrice Cantou as Chief Financial Officer. Cantou was recently the CFO of Dailymotion.

Motif Bio plc [NEW YORK] (NASDAQ: MTFB) announced that Robert Dickey IV has been appointed as Chief Financial Officer. He replaces Pete Meyers, who is retiring. Prior to joining Motif Bio, he was CFO at Tyme Technologies Inc. Robert previously held senior leadership positions at NeoStem, Inc., Hemispherx Biopharma Inc., Stemcyte Inc., Locus Pharmaceuticals Inc. and Protarga Inc. Mr. Dickey began his career as an Investment Banker at Lehman Brothers and Legg Mason Wood Walker Inc.

Atmos Energy Corporation [DALLAS] (NYSE: ATO) announced that Christopher T. Forsythe, Vice President and Controller, has been promoted by the Board of Directors to Senior Vice President and CFO. He replaces Bret J. Eckert, who is retiring. Forsythe joined Atmos Energy in June 2003 and was promoted to Director of Financial Reporting in September 2003, having previously worked as a Senior Audit Manager for PricewaterhouseCoopers LLP. He was promoted to his current position in 2009.

CSS Industries, Inc. [PLYMOUTH MEETING, Pa.] (NYSE: CSS) announced that John M. Roselli will join the organization as its new Chief Financial Officer. David F. McHugh, who has served as interim Chief Financial Officer, will return to his prior position as the Company’s Vice President – Finance. Mr. Roselli has served in various senior financial positions with TE Connectivity and its former parent company Tyco International (“Tyco”), most recently serving as TE’s Vice President of Finance/Chief Financial Officer for its global Sensor Solutions business unit. Prior to his most recent position, John had similar financial leadership roles for TE’s Data Communications and Global Distribution business units. John began his tenure at Tyco as Director of Investor Relations and later served as TE’s Vice President of Investor Relations following TE’s spinoff from Tyco. Prior to Tyco/TE, John spent six years at Citigroup as an associate equity analyst.

HNI Corporation [MUSCATINE, Iowa] (NYSE: HNI) announced that Kurt A. Tjaden who has served as Chief Financial Officer of HNI Corporation since August 2008 has been appointed President, HNI International. Mr. Tjaden will continue as a Senior Vice President. Prior to joining HNI Corporation, Mr. Tjaden had significant experience working in Asia for Whirlpool, Gateway, and Procter & Gamble. Marshall H. Bridges has been appointed Vice President and Chief Financial Officer of HNI Corporation, reporting to Mr. Askren. Mr. Bridges joined HNI Corporation in 2001, and has served as Vice President Investor Relations and Treasurer, HNI Corporation; Vice President, Finance, Allsteel; and Vice President, Finance, Contract Furniture Group.

North State Bank [RALEIGH, N.C.] announced that Senior Vice President Stacy R. Reedy has been named chief financial officer, having most recently served as general auditor and chief risk officer. Reedy started her banking career in the mid-2000s as an audit manager for Dixon Hughes Goodman LLP.

JazzHR [PITTSBURGH] announced the appointment of Brit Hutchins to the role of chief financial officer. Hutchins is the former CFO of Boston-based CrowdComfort. Prior to CrowdComfort, Hutchins held similar positions at several other startups, including Aras Corporation and VISTAGY.

PPG [PITTSBURGH] (NYSE: PPG) announced that its board of directors has elected Vincent J. Morales to serve as senior vice president and chief financial officer. Morales is replacing Frank S. Sklarsky as CFO, who has announced his retirement. Morales will also join PPG’s executive and operating committees. Morales joined PPG in 1985 and advanced through various finance roles of increasing responsibility in the company’s Corporate Controller’s function, shared financial service center, plants and business units.

BJ Services [TOMBALL, Texas] announced Evelyn M. Angelle has joined the Company as Executive Vice President and Chief Financial Officer. Most recently, Ms. Angelle spent 12 years at Halliburton working in various senior roles, including Senior Vice President of Global Supply Chain, Chief Accounting Officer and Vice President of Investor Relations. Before Halliburton, Ms. Angelle spent 15 years in Ernst & Young LLP’s audit practice.

Old Point National Bank [HAMPTON, Va.] announced that Laurie Grabow, Executive Vice President and Chief Financial Officer has stated her intent to retire in the summer of 2017. Laurie worked in different areas of the bank throughout her career, starting in 1986 as Assistant Vice President of Operations. In 1995, she was named Audit Director and in 2000, Chief Financial Officer. Laurie also serves as the Chief Financial Officer and Senior Vice President of Old Point Financial Corporation.

HYPERLOOP ONE [LOS ANGELES] announced the promotion of Brent Callinicos to Chief Operating Officer and Chief Financial Officer of the company. Prior to joining the company, Mr. Callinicos served as the Chief Financial Officer at Uber Technologies from 2013 to 2015. Prior to Uber, Callinicos was VP, Treasurer and Chief Accountant at Google from 2007 to 2013. He also ran Google’s green energy investment portfolio. He held various roles at Microsoft from 1992 to 2007, where most recently he was CFO of the Platforms and Services Division. He also served as Microsoft’s Treasurer from 2000-2004. Callinicos also sits on the boards of Baidu, PVH and Rubicon Global.

ServiceMaster Global Holdings, Inc. [MEMPHIS, Tenn.] (NYSE: SERV) announced that Alan Haughie, its senior vice president and chief financial officer, will retire from the company in March. He’ll be succeeded by Anthony (Tony) DiLucente. DiLucente comes to ServiceMaster from HDT Global, a comprehensive provider of mobility solutions for military and government applications, where he served as executive vice president and chief financial officer since 2011. DiLucente’s background also includes executive positions with Honeywell International, Johns Manville and Masonite Inc.

ARC Group, Inc. [JACKSONVILLE, Fla.] (OTC: ARCK) announced that the Company’s Board of Directors appointed Seenu G. Kasturi to serve as President and CFO, and as the Chairman of the Board of Directors. Kasturi replaces Daniel Slone as CFO, a position Slone has held since 2013. Kasturi has served as the President and CEO of Blue Victory Holdings, Inc. Prior to that, Kasturi founded K&L Investment Realty.

SmartZip Analytics, Inc. [PLEASANTON, Calif.] announced that Scott Baumgartner has joined the company as its first Chief Financial Officer. Baumgartner’s career history includes a 14-year stint at CallidusCloud. Most recently, Baumgartner was the Vice President of Finance at Accela. He started his finance career at KPMG and has also held leadership roles at Read-Rite Corp and Merant Software.

FirstCare Health Plans [AUSTIN, Texas] announced the appointment of Jeff Rayl as the organization’s new chief financial officer (CFO). He joined FirstCare in 2009.

iRobot Corp. [BEDFORD, Mass.] (NASDAQ: IRBT) announced the addition of Elisha Finney, executive vice president and chief financial officer at Varian Medical Systems (NYSE: VAR), to its board of directors. Ms. Finney’s joined Varian in 1988 and was named vice president of finance and CFO in April, 1999. In January, 2005, she was promoted to senior vice president. Ms. Finney was named executive vice president of Varian in February, 2012. She recently announced her intention to retire from Varian when a successor is named, which is expected to occur during the fiscal year 2017. Ms. Finney also serves on the board of directors at ICU Medical and previously served as a board member at Altera Corporation, Thoratec and Laserscope.

AVANT [CHICAGO] announced that Brendan Taylor assumed the role of chief financial officer. Brendan joins AVANT from CVM Solutions.

Royal Cup Coffee & Tea [BIRMINGHAM, Ala.] announced that William L. (Chip) Wann Jr. joined the company as chief financial officer. Wann most recently served as chief operating officer and chief financial officer of Mspark. Prior to his time at Mspark, he served as senior vice president of financial operations for the home health division of Amedisys, Inc. Wann also served as executive vice president and chief financial officer of Surgical Care Affiliates (SCA). Prior to his time at SCA, Wann served as vice president and chief financial officer of Protective Life Corporation. Additionally, Wann previously served as vice president of investor relations and corporate finance for Protective Life. He started his career in the Birmingham office of Ernst & Young, LLP.

Servotronics, Inc. [ELMA, N.Y.] (NYSE MKT: SVT) announced the hiring of industry veteran Lisa Bencel as Chief Financial Officer. After leaving GE as a Manager of Finance, she held several executive positions with increasing financial leadership responsibilities including Business Controller at AlliedSignal (now Honeywell), Vice President of Finance, Business Planning & Control at Ericsson, Vice President of Finance at L-3 Communication’s Space & Navigation division, and Controller at Raytheon Technical Services Company. Prior to joining Servotronics, Ms. Bencel was the Global Controller and Treasurer at the privately held information services company kgb.

Crestone Capital, LLC [BOULDER, Colo.] announced that Hull K. McKinnon has joined firm as its new Chief Financial Officer (CFO) and Partner. Mr. McKinnon joins Crestone from the venture capital firm Altira Group, where he served as General Partner and previously CFO. Mr. McKinnon assumes leadership of Crestone’s CFO responsibilities from Doug Bonnette, who has spent the past 18 years at Crestone and is transitioning into retirement after a nearly 40-year career. Mr. Bonnette will join the Crestone board of advisors and will remain with Crestone in an Of Counsel role.

Lenox Park Solutions [NEW YORK] announced the hiring of Christopher L. Finley as its Chief of Finance & Operations. Prior to his new role at Lenox Park, Christopher was an investment banker at Deutsche Bank Securities and Morgan Stanley. He was also an analyst for Oaktree Capital Management’s long-short Emerging Markets hedge fund. He was previously a member of Lenox Park’s advisory board.

PagerDuty [SAN FRANCISCO] announced the appointment of Steven Gatoff as chief financial officer. Before joining PagerDuty, Gatoff led Rapid7. Gatoff also held financial executive roles at United Online, Sterling Commerce and VeriSign. He began his career in investment banking.

Bank of Hawaii [HONOLULU] announced that Kent T. Lucien, vice chair, currently Bank of Hawaii’s chief financial officer, will become chief strategy officer. Dean Y. Shigemura, senior executive vice president, will be promoted from controller to chief financial officer, succeeding Kent T. Lucien. These appointments are effective March 1. Prior to joining Bank of Hawaii as a member of its Managing Committee as vice chair and chief financial officer in 2008, Lucien served on the bank’s board of directors from 2006. Lucien’s previous experience includes serving as chief executive officer of operations and chief financial officer at C. Brewer & Co. Ltd., a Hawaii corporation with operations in agriculture, food processing, industrial services and real estate. Lucien previously served on the board of Wailuku Water Co. and Maui Land & Pineapple Inc., where he served as Audit Committee Chair. Shigemura has been a member of Bank of Hawaii’s Managing Committee since 2008. Shigemura began his career at Bank of Hawaii in 1999 as vice president and investments officer. He was promoted to senior vice president in 2002, and was named executive vice president and bank treasurer the following year. In 2014, Shigemura was promoted to controller. Prior to Bank of Hawaii, he worked as vice president and financial analyst for The Shidler Group.

Animal Supply Company (ASC) [IRVING, TX] welcomed Trisha Rosado as its new Chief Financial Officer. Most recently, Trisha was CFO at Flavors Holding, Inc and held senior finance positions at Sara Lee and US Foods. She will work closely with, and support, Ken Fish, as he transitions from Chief Financial Officer to Executive Vice President Corporate Development.

Medicenna BioPharma Inc. [HOUSTON and VANCOUVER], a wholly owned subsidiary of Medicenna Therapeutics, Inc. announced that it has appointed Elizabeth Williams as Chief Financial Officer. Prior to joining Medicenna, Ms. Williams was the Vice President of Finance and Administration at Aptose Biosciences Inc. (previously Lorus Therapeutics Inc.). While at Aptose, she held several positions, including Acting Chief Financial Officer.


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

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