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

USA | CFO Moves – week ending March 24, 2017

Tracking CFO Movement Across Canada.

Dunkin’ Brands Group, Inc. [CANTON, Mass.] (NASDAQ: DNKN), the parent company of Dunkin’ Donuts and Baskin-Robbins, announced that Paul Carbone, Dunkin’ Brands Chief Financial Officer, is leaving the Company. Kate Jaspon, Dunkin’ Brands Vice President, Finance and Treasurer, has been appointed to serve as interim CFO upon his departure. Ms. Jaspon joined Dunkin’ Brands as Assistant Controller in 2005. She was later promoted to Vice President, Controller and Corporate Treasurer, and since 2014 has held the title of Vice President, Finance and Treasury. Ms. Jaspon came to Dunkin’ Brands from KPMG LLP.

Avery Dennison Corporation [GLENDALE, Calif.] (NYSE: AVY) announced that its board of directors has elected Gregory S. Lovins as vice president and interim chief financial officer. Lovins succeeds Anne L. Bramman, senior vice president and chief financial officer. Mr. Lovins has been the company’s vice president and treasurer since August 2016, and will continue to serve as treasurer. He was previously vice president, global finance, Materials Group from January 2011 to August 2016 and, prior to that, held positions of increasing responsibility across the company.

Marin Software Incorporated [SAN FRANCISCO, CA] (NYSE: MRIN) announced that Brad Kinnish has been appointed VP of Finance and Acting Chief Financial Officer, replacing Catriona Fallon. Mr. Kinnish joins Marin Software from Deutsche Bank, where he served as Managing Director in the Technology Investment Banking group since 2010. Prior to Deutsche Bank, Mr. Kinnish spent four years at Thomas Weisel Partners as Director of Software Investment Banking. Previously, Mr. Kinnish was an Associate in the Technology Investment Banking group at Credit Suisse, and started his career at Ernst & Young as a CPA.

Sienna Biopharmaceuticals, Inc. [WESTLAKE VILLAGE, Calif.] announced that Richard Peterson will join the company as Chief Financial Officer. Peterson succeeds John Smither, who is retiring at the end of April but will continue to serve Sienna in an advisory capacity. Peterson joins Sienna from Novan, Inc., where he served as Chief Financial Officer. Previously, he was the Chief Financial Officer and Treasurer of Medicis Pharmaceutical Corporation until 2012.

Gibraltar Industries, Inc. [BUFFALO, N.Y.] (NASDAQ: ROCK) announced the appointment of Timothy Murphy as Chief Financial Officer. Mr. Murphy will succeed Kenneth Smith, who had previously announced his intention to retire. Mr. Murphy is currently Vice President, Treasurer and Secretary at Gibraltar. He joined Gibraltar in 2004 as Director of Financial Reporting. He then held senior positions in the Treasury Operations department, and has been Vice President and Secretary of the Company since 2012, and Treasurer since 2013. Prior to joining Gibraltar, Mr. Murphy was Senior Manager at KPMG.

North American Partners in Anesthesia [MELVILLE, N.Y.] announced John Bugos has joined the organizations as its new Chief Financial Officer. Prior to joining NAPA, Mr. Bugos was Chief Financial Officer of HCA International Ltd.

Wecast Network, Inc. [NEW YORK] (NASDAQ: WCST) announced that its Board of Directors unanimously appointed Simon Wang as Chief Financial Officer (“CFO”) and principal accounting officer of the Company. Mr. Wang takes over the CFO role from Mr. Yi Xu, the Company’s current Chief Operating Officer, who also held the role of interim CFO of the Company for a short period while the search for a permanent CFO was occurring. Mr. Wang began his career at Deloitte China. Mr. Wang was most recently at, where he led the finance, accounting and treasury divisions. Prior to that, Mr. Wang worked at Vipshop where he served as a finance director.

South American Gold Corp [LAS VEGAS, NV] (OTC PINK: SAGD) announced the appointment of its new Executive Vice-President and Chief Financial Officer, Joseph (Jody) Hanks.

National Instruments [AUSTIN, Texas] (NASDAQ: NATI) announced Karen Rapp is joining NI as its new chief financial officer (CFO). Most recently, she was senior vice president of Corporate Development at NXP Semiconductor. Prior to her current role at NXP, Rapp served as the vice president and chief information officer at Freescale Semiconductor. Rapp held a variety of positions while at Motorola/Freescale in the business units, corporate accounting, the supply chain, sales and marketing.

TASER International, Inc. [SCOTTSDALE, Ariz.] (NASDAQ: TASR) announced the appointment of Jawad Ahsan as Chief Financial Officer (CFO). Ahsan joins TASER and Axon’s management team after serving as CFO for Market Track since May 2014. Before joining Market Track, Ahsan spent 13 years in various roles at General Electric (GE). He joined GE Healthcare in 2010 after four years serving as Risk Manager for the Widebody Engine Programs for GE Aviation and as VP, Financial Planning & Analysis for GE Capital. Ahsan became CFO of Clinical Business Solutions, after serving as CFO for Healthcare Knowledge & Connectivity Solutions. Prior to those appointments, Ahsan worked with GE’s internal Corporate Audit Staff.

Nationstar Mortgage Holdings Inc. [DALLAS] (NYSE: NSM) announced that Amar R. Patel, former Nationstar Executive Vice President of Portfolio Investments, has been appointed as Executive Vice President and interim Chief Financial Officer (“CFO”). Mr. Patel’s appointment follows Robert Stiles’ departure from the company as Executive Vice President and CFO. Mr. Patel initially joined Nationstar in 2006. From 2006 to 2016, Mr. Patel served in multiple roles within the company and was elected Executive Vice President of Portfolio Investments in 2011. From 1993 to 2006, Mr. Patel held various management positions at Capstead Mortgage Corporation, last serving as Senior Vice President Asset and Liability Management.

Entercom Communications Corp. [BALA CYNWYD, Pa.] (NYSE: ETM) announced that it has appointed Richard J. Schmaeling as Executive Vice President and Chief Financial Officer. Mr. Schmaeling will succeed Steve Fisher, who will be stepping down. Mr. Fisher will continue to assist with the CBS Radio integration through January 2018. Mr. Schmaeling held the role of CFO at LIN Media, from 2008 until its acquisition by Media General in December 2014. Prior to joining LIN Media, Mr. Schmaeling served as Vice President, Finance at Dow Jones. Most recently, Mr. Schmaeling served as CFO at Travel Leaders Group.

VERTS Mediterranean Grill [NEW YORK] announced Andreas Sossong as Chief Financial Officer. Sossong has dedicated his career to management consulting, most recently at Oliver Wyman.

SUNZ Holdings [BRADENTON, Fla.] announced the appointment of Michael W. Grandstaff to the position of Chief Financial Officer and Executive Vice President of SUNZ Holdings, and Chief Financial Officer of SUNZ Insurance Company. Before joining SUNZ, Grandstaff was an Executive Vice President for a workers’ compensation insurance service provider.

Par Pacific Holdings, Inc. [HOUSTON] (NYSE MKT: PARR) announced the appointment of Will Monteleone as Chief Financial Officer. Mr. Monteleone succeeds Chris Micklas, who is leaving Par Pacific to spend time with his family. Mr. Monteleone began his career with Bank of America. He was then a member of Sam Zell’s investment firm Equity Group Investments. Mr. Monteleone is currently Senior Vice President of Mergers and Acquisitions and Business Development.

American Tire Distributors, Inc. [CHARLOTTE, N.C.] announced the hiring of Bill Williams as its new Chief Financial Officer. Mr. Williams has served as a senior executive and strategic partner in finance, management consulting, and operations at Fortune 500 companies. For the past ten years Mr. Williams served as CFO Engagement Partner at Tatum, Randstad Holdings, NV, including serving as ATD’s interim financial executive advisor since September 2016. During his career, Mr. Williams has served in financial executive and advisory roles at multiple companies including IBM, Martin Brower LLC, AlliedSignal, Steelcase, Kraft Foods, and Stern Stewart & Co.

DAQRI [LOS ANGELES] has named Robert Brass as its Chief Financial Officer. Most recently, he was at Morgan Stanley where he was the Managing Director of their Semiconductors and Emerging Electronics Investment Banking Team.

PAVmed Inc. [NEW YORK] (NASDAQ: PAVM, PAVMW), announced that it has appointed Dennis M. McGrath as its new Executive Vice President and Chief Financial Officer. Since 2000, Mr. McGrath has served in multiple executive leadership roles at PhotoMedex, Inc., most recently as President and Chief Financial Officer. Prior to his most recent role as President and CFO of PhotoMedex, which he resumed after a corporate merger in 2011, Mr. McGrath served as CEO of PhotoMedex from 2009 to 2011 and as CFO/VP-Finance and Administration from 2000 through 2009. Prior to PhotoMedex, he served as COO of Internet Practice, the largest division for AnswerThink Consulting Group. Prior to that, he was CFO of Think New Ideas, Inc. Mr. McGrath also served as CFO/EVP of TriSpan, Inc.

Knopp Biosciences LLC [PITTSBURGH] announced the appointment of Shane Kovacs to its Board of Managers, effective immediately. Kovacs has served as Executive Vice President and Chief Financial Officer of PTC Therapeutics since May 2013. Prior to joining PTC in 2013, Mr. Kovacs served as Managing Director, Health Care Investment Banking at Credit Suisse. He joined Credit Suisse in 2004 from an investment banking position at National Bank Financial in Toronto.

The Harry and Jeanette Weinberg Foundation [BALTIMORE] has named Craig Mellendick as the new Chief Financial Officer (CFO) for the Foundation. He assumes, and expands upon, duties previously executed by Barry I. Schloss, who concluded his role as the CFO for the Foundation, but continues to serve as an external trustee. Prior to joining the Weinberg Foundation, Mellendick was the Chief Financial Officer and Chief Administrative Officer of Enterprise Community. He has also held accounting and finance positions with General Growth Properties and The Rouse Company. In addition, Mellendick has performed audit and consulting services for KPMG.

Bedford Technology [WORTHINGTON, Minn.] announced Dan Greve as the new CFO. Greve comes from Newport Laboratories, where he successfully served as CFO, then continued as director of business operations until he joined Bedford Technology.

Clarivate Analytics [PHILADELPHIA] announced the appointment of Richard Hanks as Chief Financial Officer. Over the prior four years, Hanks was CFO at BDP International. Previously, he held executive finance and business leadership roles at Infogroup, Dow Jones, Factiva and GSK.

Ocular Therapeutix, Inc. [Bedford, MA] announced that W. Bradford Smith notified the Company of his resignation from his position as Chief Financial Officer. James Fortune, the Company’s Chief Operating Officer, will assume the roles of principal financial officer and principal accounting officer on an interim basis. Mr. Fortune has served as the Company’s Chief Operating Officer since 2008. Mr. Fortune also served as the Chief Operating Officer of Augmenix, Inc. from 2008 to April 2014 and of AccessClosure, Inc. from 2008 to 2010. Prior to joining the Company, Mr. Fortune served as the Chief Operating Officer of Confluent Surgical, Inc. Previously, he held various senior management roles with the orthopedic and neurosurgical divisions of Johnson & Johnson.

Conatus Pharmaceuticals Inc. [San Diego, CA] appointed Steven J. Mento as the Company’s acting Principal Financial Officer. He replaces former CFO, Charles J. Cashion. Dr. Mento will continue to serve as the Company’s President and Chief Executive Officer.

Blackhawk Network Holdings, Inc. [Pleasanton, CA] announced that Jerry Ulrich, Chief Financial Officer of the Company, notified the Company of his intent to retire by the end of 2017 after eleven years of service to the Company.

U.S. Concrete, Inc. [EULESS, TX] (NASDAQ: USCR) announced that Joseph C. Tusa, Jr., Senior Vice President and Chief Financial Officer, will resign from the Company for personal reasons.

Wedbush Securities [LOS ANGELES, CA] announced the appointment of David Weaver as its Executive Vice President and Chief Financial Officer. He joined Wedbush as a consultant in 2016. David has over two decades of operations and accounting experience, including Director, Fund Accounting with Globeop Financial Services; Vice President at Deutsche Bank Fund Services; and as CAO and CFO with Refco Group, LLC.

Twinlab Consolidated Holdings, Inc. [BOCA RATON, Fla.] (OTC: TLCC) announced the appointment of Alan S. Gever as chief financial officer and chief operating officer. Mr. Gever was most recently chief financial officer of Spice Chain Corporation. He began his career in finance at Nabisco, and held a broad range of management positions with responsibility for manufacturing operations, financial planning, accounting, supply chain management and M&A. He was also corporate vice president of global procurement and general manager and chief financial officer of the Nabisco Refrigerated Foods Company. Additionally, Mr. Gever was chief financial officer of both Ultimate Juice (Naked Juice) and Boulder Brands (Smart Balance) and built a successful management consulting practice.

Tyme Technologies, Inc. [NEW YORK] (OTC: TYMI), announced that Ben Taylor has been appointed President and Chief Financial Officer. Mr. Taylor joins Tyme from Barclays Capital Inc., where he has been the Head of Commercial Pharma since February 2016. Prior to Barclays, Mr. Taylor spent 10 years at Goldman, Sachs & Co. in various positions of increasing responsibility, most recently as Head of Emerging Pharma. In addition to investment banking, he also spent two years at a medical diagnostic start-up leading finance and business development functions.

Samuel Dergel - The CFO Expert.
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