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

USA | CFO Moves – week ending March 3, 2017

Tracking CFO Movement Across Canada.

DTI Management [ALEXANDRIA, Va.] announced the appointment of Rey del Valle as its new Chief Financial Officer. Mr. del Valle comes to DTI after serving as the SVP of Finance at AXS Ticketing. Prior to AXS, from 2011 through 2015, Mr. del Valle was Ticketmaster’s SVP of Finance for eCommerce and Technology. In addition to AXS and Ticketmaster, Mr. del Valle has also held financial leadership roles with Guitar Center, MTV Networks, and The Walt Disney Company.

Aware, Inc. [BEDFORD, Mass.] (NASDAQ: AWRE) announced that Richard P. Moberg has resigned, as co-Chief Executive Officer and co-President and Chief Financial Officer and Treasurer of Aware citing a desire to retire. Mr. Moberg will continue to serve as a member of the Board of Directors of Aware.

BIOLASE, Inc. [IRVINE, Calif.] (NASDAQ: BIOL) announced it has appointed Mark J. Nelson as its Senior Vice President and Chief Financial Officer. He replaces David C. Dreyer, who resigned to pursue other opportunities. Most recently, since December 2015, Mr. Nelson served as the Chief Financial Officer and Chief Operating Officer for Beyond Meat. Prior to his tenure at Beyond Meat, from April 2013 to November 2015, Mr. Nelson served as Chief Financial Officer and Treasurer of Farmer Brothers Co. Mr. Nelson spent the majority of his career in financial and operational positions of increasing responsibility with companies including Plant Controller at C.R. Bard, Inc.; Finance Director at Thermo Fisher Scientific, Inc.; and as Chief Accounting Officer at Newport Corporation. Previously, he was Vice President and General Manager. Mr. Nelson began his career as a Financial Management Program trainee with the General Electric Company.

StreamLink Software [CLEVELAND] named Fred Binstock as chief financial officer. Most recently, Binstock served as managing partner of Fred R Binstock & Associates. Previously, Binstock was the CFO and treasurer of TOA Technologies. Prior to that, he served as CFO of Radisphere.

DineEquity, Inc. [GLENDALE, Calif.] (NYSE: DIN) announced that it has accepted the resignation of its Chief Financial Officer, Thomas W. Emrey. Greggory H. Kalvin, DineEquity’s Senior Vice President, Corporate Controller, will assume the role of interim CFO until a permanent successor to Mr. Emrey is named.

Global Payments Inc. [ATLANTA] (NYSE: GPN) announced the promotion of Cameron M. Bready to Senior Executive Vice President and Chief Financial Officer. Bready joined Global Payments in June 2014 as Executive Vice President and Chief Financial Officer.

Waste Management Inc. [HOUSTON] (NYSE: WM) appointed Devina A. Rankin, formerly vice president, treasurer and acting chief financial officer, to the position of senior vice president, chief financial officer and treasurer. Rankin joined the Company in 2002 and has held a number of corporate finance positions of increasing responsibility during her tenure, including assistant treasurer and treasurer. She began her career at Arthur Andersen, a public accounting firm, in 1999.

ProQuest [ANN ARBOR, Mich.] announced that Robert VanHees has joined the company as Senior Vice President and Chief Financial Officer. Mr. VanHees joins ProQuest from JLL Partners, where he was an Operating Partner for five years. Prior to that, he served as CFO of the Learning Care Group. Earlier in his career, he was CFO for Corporate Express North America and Corporate Express Europe, served as a Controller, and held several roles in financial planning and analysis, treasury, and audit functions.

Hannover Life Reassurance Company of America [ORLANDO, Fla.] announced promotion within the company and the retirement of David Wheat. Prior to joining Hannover Re US, David was CFO at ING Americas, which followed 17 years with EY, ending as a partner in its US insurance practice. Clint Thompson is promoted to executive vice president and CFO. Clint has been the Chief Risk Officer for Hannover Re US since 2011. Before joining Hannover Re US, Clint served as a Senior Risk Officer for AEGON.

PAREXEL International Corporation [BOSTON] (NASDAQ: PRXL) announced the appointment of Simon Harford as Senior Vice President and Chief Financial Officer. Mr. Harford joins PAREXEL from GlaxoSmithKline plc (GSK), where he most recently served as Senior Vice President, Finance. Prior to joining GSK, Mr. Harford served as Group Vice President and Controller for Avon Products, Inc. Additionally, he spent two decades with Eli Lilly and Company in various finance leadership roles across Europe and in Indianapolis, most notably as Head of Investor Relations and as Vice President and Controller.

KeyImpact Sales & Systems, Inc. [ODENTON, Md.] announced the appointment of Colin Quinn as Chief Financial Officer. Colin has served in various operational and financial leadership roles in several major companies including McMaster-Carr Supply Company and True Value Company. Previously, Colin was Vice President of Finance for US Foods, Inc. and most recently Vice President of Finance at Little Lady Foods.

Sangamo Therapeutics, Inc. [RICHMOND, Calif.] (NASDAQ: SGMO) announced the appointment of Kathy Yi as senior vice president and chief financial officer, to succeed current executive vice president and chief financial officer H. Ward Wolff, who will be retiring from the company. Ms. Yi most recently served as Head of Finance for Novartis Pharmaceuticals’ Global Inhalation Technical Research & Development group. Prior to Novartis, Ms. Yi held financial management positions of increasing seniority at Life Technologies Corp., from 2007 to 2014, including Finance Leader, Corporate FP&A. Earlier, she held various positions in finance at Intel Corp, from 2001 to 2007.

Pandora [OAKLAND, Calif.] (NYSE:P) announced that Naveen Chopra has joined the company as chief financial officer. Chopra joined TiVo in 2003 and most recently served as the company’s interim chief executive officer from January 2016 until its acquisition by Rovi Corporation in September 2016. From 2012 to 2016, Chopra served as chief financial officer and senior vice president of corporate development and strategy.

Athenex [BUFFALO, N.Y.] announced that J. Nick Riehle has agreed to serve as Chief Financial Officer of the company upon approval of the Company’s Board of Directors. Mr. Riehle served as Chief Financial Officer of Chelsea Therapeutics from its inception in 2004 until 2014 when it was sold to Lundbeck. Mr. Riehle previously served as the Chief Financial Officer of HAHT Commerce from 1996 to 2003, and held numerous senior finance and marketing roles at Nortel Networks from 1979 to 1996.

WuXi NextCODE [SHANGHAI, CAMBRIDGE, Mass. and REYKJAVIK, Iceland] announced that senior vice presidents John Long has been named chief financial officer. John Long has served as WuXi AppTec’s senior vice president of finance since 2013. Prior to joining WuXi AppTec, John served in senior roles at Willis Group, Tyco International and Lucent Technologies.

EastGroup Properties [JACKSON, Miss.] (NYSE: EGP) announced that N. Keith McKey, its Executive Vice President and Chief Financial Officer, will retire. Mr. McKey has been an officer of the Company since 1983, and has been Chief Financial Officer since 1993. The Board of Directors has appointed Brent W. Wood, presently the Senior Vice President and head of the Company’s regional office in Houston, Texas, to become Executive Vice President and Chief Financial Officer effective on Mr. McKey’s retirement. Mr. Wood has been with the Company since 1996 and his first position with the Company was Assistant Controller, before he moved into operational roles.

Choice Hotels International, Inc. [ROCKVILLE, Md.] (NYSE: CHH) has appointed Dominic E. Dragisich to the position of chief financial officer. Dragisich joins Choice from XO Communications where he served as CFO. He has held key finance and operational positions at Marriott International, NII Holdings and Deloitte Consulting.

ALLETE Inc. [DULUTH, Minn.] (NYSE: ALE) announced that Bob Adams assumes the role of Chief Financial Officer. He succeeds Steve DeVinck, who announced his plan to retire in the spring of 2017. Adams joined the company in 1987 as a financial analyst. He was named chief risk officer and vice president of business development in 2008, promoted to vice president of energy-centric businesses in 2014 and added the title of senior vice president of energy-centric businesses in 2015. The role of CFO is familiar to Adams, having served in that capacity in the past for Minnesota Power and Split Rock Energy.

LendingUSA [SHERMAN OAKS, Calif.] announced that Ron Oertell, former CFO of Lakeview Holdings, has joined the company as its new Chief Financial Officer. Mr. Oertell served as Chief Financial Officer for Airo Wireless. Mr. Oertell was also a Managing Director for Park Street Management, where Mr. Oertell was CFO from the initial venture capital round up through the sale of the company.

New York REIT, Inc. [NEW YORK] (NYSE: NYRT) announced that John Garilli will be appointed as the Company’s Chief Financial Officer, Treasurer and Secretary. He replaces Nicholas Radesca, will resign as Interim Chief Financial Officer, Treasurer and Secretary of NYRT.

DDR Corp. [BEACHWOOD, Ohio] (NYSE: DDR) announced that Matthew Ostrower joined as Executive Vice President, Chief Financial Officer, and Treasurer. Matthew Ostrower served as Executive Vice President, Chief Financial Officer and Treasurer of Equity One from March 2015 to March 2017. Prior to joining Equity One, Mr. Ostrower held several roles at Morgan Stanley, including Associate Director of European Research and head of U.S. REIT Equity Research. Mr. Ostrower was also a member of the Board of Directors of Ramco-Gershenson Properties Trust from 2010 to February 2015.

U.S. Legal Support Inc. [HOUSTON] announced the appointment of Kellen S. Smith as Vice President and Chief Financial Officer. Prior to joining U.S. Legal Support, Kellen was a Consultant with Accenture’s Pricing and Profitability strategy group.

Synchronoss Technologies, Inc. [BRIDGEWATER, N.J.] (NASDAQ: SNCR) announced that John Frederick has been appointed Synchronoss’ Chief Financial Officer. Before joining the company, Mr. Frederick was Executive Vice President, Chief Administrative and Financial Officer of Avid Technologies. Prior to Avid, Mr. Frederick was Corporate Executive Vice President and Chief Financial Officer of Open Solutions, Inc., which was acquired in January 2013 by Fiserv, Inc. Prior to Open Solutions Inc., Mr. Frederick served as Senior Vice President and Chief Financial Officer of SafeNet, Inc.

eGain [SUNNYVALE, CA] (NASDAQ: EGAN) announced the appointment of Christine Russell, CFO of UniPixel, Inc., to its board of directors. Ms. Russell is currently Chief Financial Officer of UniPixel, Inc. and a director and audit committee chair of QuickLogic Corporation. Prior to joining UniPixel in 2015, she previously served as CFO for a number of technology companies including Vendavo, EAG, Virage Logic, and OuterBay Technologies.

Cesca Therapeutics Inc. [Rancho Cordova, California] announced that the company and Michael Bruch, Chief Financial Officer, mutually agreed to terminate his employment effective March 10, 2017. Jeff Cauble has been appointed Principal Financial Officer and Principal Accounting Officer, effective March 10, 2017. Mr. Cauble has been employed with the Company since 2010 and has served as Accounting Manager, Assistant Controller and Director of Finance. Mr. Cauble has over 19 years of accounting experience in various financial and managerial roles for Diamond Foods Inc. (DMND) and E.&J. Gallo Winery.

RLHC (Red Lion Hotels Corporation) [SPOKANE, Wash.] (NYSE: RLH) announced the appointment of Douglas L. Ludwig as its new Executive Vice President, Chief Financial Officer and Treasurer. Mr. Ludwig will succeed interim Chief Financial Officer, David Wright, who will resume his role as the company’s Vice President of Accounting, Tax & External Reporting on Mr. Ludwig’s start date. Mr. Ludwig was most recently Chief Financial Officer with Baha Mar Resorts Limited, for the past ten years. Mr. Ludwig served for over twenty years in various accounting, financial and strategic roles at Four Seasons Hotels Inc., including 13 years as Chief Financial Officer. Mr. Ludwig’s career began with KPMG where he advanced to senior audit manager prior to joining Four Seasons in 1984.

Morningstar, Inc. [CHICAGO] (NASDAQ: MORN) announced that Stéphane Biehler, chief financial officer, notified the company that he is resigning from his position effective March 10, 2017, to join a Chicago-based trading firm. Morningstar has appointed Kunal Kapoor, the company’s chief executive officer, as interim chief financial officer effective March 10, 2017.

Inspira Financial Inc. [BOCA RATON, FLORIDA] (TSX-V: LND) announced Mike Olson as Chief Financial Officer (“CFO”). Mr. Olson was previously CFO of a healthcare related startup, a Controller for PCH Treatment Centers and a Controller for a medical laboratory (which was successfully acquired by LabCorp). He began his Finance career at The Walt Disney Company.

NVISION Eye Centers [ALISO VIEJO, Calif.] announced the appointment of Gregory Cunniff to Chief Financial Officer. Prior to joining NVISION, Cunniff served as Chief Financial Officer of GrandCare Health Services. Previous to his work in home healthcare, Cunniff was Chief Executive Officer of Oxford Surgical Specialties. Cunniff also served as Executive Vice President and Chief Financial Officer at Surgical Care Affiliates (SCAI) and was co-founder and Chief Financial Officer of National Surgical Care prior to its acquisition by AmSurg (AMSG).

Integer Holdings Corporation [FRISCO, Texas] (NYSE: ITGR) announced that Gary Haire is joining the Company and will be appointed Executive Vice President and Chief Financial Officer. Mr. Haire is currently the chief financial officer of Rexel North America, a large business unit of Rexel, a public company based in France. From 2013 to 2014, he served as chief financial officer of Shale Inland Holdings, a privately owned, PE-backed company. From 1995 to 2003 and from 2003 to 2012, he held numerous financial leadership roles at HJ Heinz Company and Tyco International, respectively. Mr. Haire started his career with KPMG. The Company previously announced the planned retirement of Michael Dinkins, executive vice president and chief financial officer. Mr. Dinkins’ last day with the Company will be in early March. Tom Mazza, vice president, corporate controller and treasurer, will assume the additional role of interim chief financial officer until Mr. Haire joins the Company in early May. Mr. Mazza previously served as the company’s CFO from 2005 to 2012.

Samuel Dergel - The CFO Expert.
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