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USA | CFO Moves – week ending May 18, 2018


Tracking CFO Movement Across Canada.



AlixPartners [NEW YORK] announced the appointment of Lisa Carnoy as its Chief Financial Officer. Lisa joins AlixPartners after 23 years of leadership experience at Bank of America Merrill Lynch, most recently as the Division Executive for the Northeast at U.S. Trust, the private bank within Bank of America, and as NYC Market President for Bank of America. Prior to her move to Wealth Management, she served as head of Global Capital Markets and head of Global Equity and Equity-Linked Capital Markets for Bank of America Merrill Lynch. She replaces Ken Hiltz, who was serving as interim CFO. Ken will continue to play a leadership role at AlixPartners, returning to his position as a Managing Director with the firm’s Turnaround and Restructuring practice.

United Airlines [CHICAGO] (NYSE: UAL) announced Gerry Laderman has been named acting chief financial officer. He succeeds Andrew Levy, who has decided to leave United. Laderman currently serves as senior vice president of finance, procurement and treasurer and as a member of the senior executive leadership team.

MetLife, Inc. [NEW YORK] (NYSE: MET) announced that Bill O’Donnell has been named executive vice president and chief financial officer (CFO) for the U.S., succeeding Marlene Debel who was recently named executive vice president and head of the Retirement & Income Solutions business. O’Donnell currently serves as executive vice president and MetLife’s chief accounting officer (CAO). Prior to becoming CAO, he served as head of financial management reporting, CFO for MetLife’s Global Employee Benefits, and head of financial planning and projection for Latin America.

The Securities and Exchange Commission [Washington D.C.] announced that Caryn E. Kauffman has been named the agency’s Chief Financial Officer (CFO). Ms. Kauffman has served as Acting CFO since February 2017. Ms. Kauffman previously served as Deputy Chief Financial Officer since 2013. She first joined the SEC in 2011, in the role of Chief Accounting Officer. Before joining the SEC, Ms. Kauffman spent twelve years in the audit practice of PricewaterhouseCoopers LLP.

ON24 [SAN FRANCISCO] announced Ian Halifax has joined the company as its Chief Financial Officer. Halifax most recently served as the CFO of Tintri. He also served as CFO at Wind River Systems. Halifax also served as a public-company CFO at Micromuse and Macrovision (now TiVO).

Houzz Inc. [PALO ALTO, Calif.] announced that Richard Wong has joined the company as its first Chief Financial Officer. Wong joins Houzz after nearly eight years at LinkedIn, where he served as the company’s Vice President of Finance and played an instrumental part in building out and running the FP&A, treasury, investor relations, procurement and sales compensations teams. He was also deeply involved in the company’s IPO, earnings announcements, and M&A activities. Previously, Wong worked at Yahoo! Inc., Banc of America Securities, Lucent Technologies and JP Morgan.

West Corporation [OMAHA, Neb.] announced that Nancy Disman, the Company’s Chief Administrative Officer (“CAO”), will transition into the role of Chief Financial Officer and hold both titles. Ms. Disman joined West in November 2017 as the CAO and has overseen the Company’s finance and human resources departments as well as West’s strategic transformation program office. Disman has held many key leadership roles and has been involved in many significant transactions over the past several years. Most recently, she served as both Chief Administrative Officer and Chief Financial Officer of TSYS’ Merchant Services Segment. Prior to TSYS, Ms. Disman served as Chief Financial Officer at TransFirst. She also served as Chief Financial Officer and Chief Operating Officer of Cynergy Data Corporation after 11 years at First Data Corporation in various leadership positions, including Chief Financial Officer of the Merchant Services Segment. West’s current Chief Financial Officer, Jan Madsen, will retire in the second half of 2018, and will transition the CFO role to Ms. Disman over the next several months.

xMatters [SAN RAMON, Calif.] announced the promotion of Kendra Niedziejko to Chief Financial Officer. Niedziejko had previously served as the company’s Vice President of Finance since October 2014, and has over 20 years of experience in building high-growth technology companies. Prior to joining xMatters, Niedziejko played a pivotal role in completing IPOs at both E-LOAN and OpenTable.

Dune Medical Devices [ALPHARETTA, Ga.] appointed Alan Bond as Chief Financial Officer. Bond joins the Dune Atlanta office after years with McKesson and Given Imaging.

Blue Apron Holdings, Inc. [NEW YORK] (NYSE: APRN) announced the appointment of Tim Bensley as Chief Financial Officer, with an expected start date of May 21. Bensley most recently served as CFO of Acosta, Inc. Prior to joining Acosta, Bensley spent 29 years at PepsiCo, Inc. Starting at the Frito-Lay North America division, he progressed over five years through various roles in supply chain operations. Bensley spent the next 15 years in various finance leadership positions at Frito-Lay North America, heading the FP&A, Supply Chain Finance and Sales Finance organizations before being promoted to CFO of Frito-Lay Canada in 2005. In 2007, he moved to PepsiCo’s headquarters in Purchase, NY to lead the Corporate Strategy Group and was appointed CFO of Pepsi-Cola North America in 2008. In 2010, Bensley was promoted to CFO of PepsiCo Americas Foods. He was appointed Senior Vice President of PepsiCo Global Transformation in 2012.

Modere [SPRINGVILLE, UTAH] announced the advancement of Shane Ware to Chief Financial Officer. Having served with the Company for 10 years in various roles of progressive responsibility, Shane was most recently Vice President of Finance for the Japan market. Prior to Modere, Ware worked at PricewaterhouseCoopers.

Biothera Pharmaceuticals, Inc. [EAGAN, Minn.] announced the appointment of Andrew D.C. LaFrence as Senior Vice President and Chief Financial Officer, effective May 29. LaFrence succeeds interim Chief Financial Officer Steve Karel, who will continue to serve on Biothera’s board of directors. Previously, LaFrence was Vice President Finance, Information Systems and Chief Financial Officer at Surmodics, Inc. for five years. Prior to Surmodics, he served as Chief Financial Officer for CNS Therapeutics. Mr. LaFrence was an audit partner at KPMG LLP where he focused on supporting venture-backed, high-growth medical technology, pharmaceutical, biotech and clean tech private and public companies. He has served on the Biothera Holding Corporation Board of Directors since 2011, including as Chairman of the Audit Committee. In connection with his appointment as Chief Financial Officer, Mr. LaFrence has resigned from his positions on the Boards of Directors of Biothera Pharmaceuticals, Inc. and Biothera Holding Corporation.

Surmodics, Inc. [EDEN PRAIRIE, Minn.] (NASDAQ: SRDX) announced Andrew LaFrence will resign as Chief Financial Officer (CFO) effective May 25, 2018. Following LaFrence’s departure, Timothy J. Arens, Vice President of Corporate Development and Strategy, will serve as interim CFO. Arens has served in his current role since February 2013. He joined Surmodics in February 2007 as Director, Business Development, was named Senior Director and General Manager of the in vitro diagnostics business unit in October 2010 and promoted to Vice President of Finance and interim CFO in August 2011.

PRGX Global, Inc. [ATLANTA] (NASDAQ: PRGX) announced that IT has appointed Deborah (Debbie) Schleicher as Chief Financial Officer, Treasurer and Controller, effective May 21, 2018. Peter Limeri, the Company’s current Chief Financial Officer, Treasurer and Controller, will remain with the Company until the end of June, 2018. Schleicher served as the Chief Financial Officer of IronPlanet, Inc. Prior to IronPlanet, Ms. Schleicher’s experience was in public accounting, most recently as the National Partner in Charge of Tax and Finance Optimization & Global Compliance and Reporting for Grant Thornton LLP. Ms. Schleicher began her career with, and later became a partner at, Arthur Andersen LLP.

Unitas Global [LOS ANGELES] announced the appointment of Bob Pollan as its Chief Financial Officer. Prior to joining Unitas Global as COO, Pollan has held executive roles within major public companies, investment companies, and technology companies such as Universal Access, Mobility Technologies, and Procurian.

Century Bridge Capital [DALLAS and BEIJING] announced that Tully Wyatt has joined the firm as Chief Financial Officer. Wyatt will be replacing Jim McCoy who announced his retirement earlier this year. Wyatt brings more than 12 years of private equity experience to Century Bridge having previously provided accounting, finance and transaction advisory services to middle market private equity firms as well as being active in the day-to-day management of portfolio companies, including treasury, risk management, operational planning, financial forecasting, and board-level reporting.

Clinical Innovations [SALT LAKE CITY] announced the hiring of Michael Behling as its new chief financial officer. He joined Clinical Innovations as interim chief financial officer in February. Before joining Clinical Innovations, Behling served in CFO and chief accounting officer roles at Lasko Products, Light Wave Dental, and Imaging Advantage. Earlier in his career, he led the financial operations of Harris Broadcast (now Imagine Communications and GatesAir), Isola Group, Nivisys Industries, and LINE-X.

Town and Country Bank [SPRINGFIELD, Ill.] announced Doug Cheatham has joined the bank as Executive Vice President (EVP) and Chief Financial Officer (CFO). Doug comes to Town and Country from Old Second Bancorp located in Aurora, IL where he was EVP and CFO for 18 years. Prior to that, Doug had an 18-year career at Merchants Bancorp, Inc., also in Aurora, where he advanced to EVP and CFO in 1993.

Aldevron [FARGO, N.D.] announced that Marc Wolff has been named Chief Financial Officer. Most recently he served as Executive Vice President and Chief Financial Officer at Sancilio Pharmaceuticals Company, Inc. Prior to joining Sancilio Pharmaceuticals Company, Inc., Mr. Wolff served as Chief Financial Officer of JHP Pharmaceuticals, LLC. Prior to then, Mr. Wolff served in leadership roles in general management and finance at ReSearch Pharmaceutical Services, Catalent, and Cardinal Health.

Trevi Therapeutics, Inc. [NEW HAVEN, Conn.] announced that it has named Christopher J. Seiter as its Chief Financial Officer. Seiter most recently served as Chief Financial Officer of Millendo Therapeutics from October 2016 to April 2018. Prior to transitioning to an operational role, Mr. Seiter spent 23 years as an investment banker, most recently as a Managing Director and Head of Life Sciences Investment Banking at Bank of America Merrill Lynch. Mr. Seiter also served in the U.S. Navy as a Nuclear Submarine Officer for five years.

Detechtion Technologies [HOUSTON] announced that Tammy Tapp-Gentry has joined the company as Chief Financial Officer. Previously, Tammy was CFO for Rand Group. Before Rand Group, Tammy was the Finance Director for Pinnacle Foods Group LLC.

Powell Industries, Inc. [HOUSTON] (NASDAQ: POWL) announced that Don R. Madison, Executive Vice President and Chief Financial and Administrative Officer, plans to retire at the end of the fiscal year, after more than 17 years with the Company. Mr. Madison joined Powell in October 2001 as Vice President and Chief Financial Officer, and has served as Executive Vice President and Chief Financial and Administrative Officer since February 2007.

Clearwater Compliance [NASHVILLE, Tenn.] announced that Baxter Lee has been named chief financial officer. Current CFO, Mary Chaput, will transition into an advisory role and will continue to serve as a director on Clearwater’s Board. Lee is an established healthcare and technology executive who has held various positions across banking, private equity, and mergers and acquisitions.

Universal Technical Institute, Inc. [SCOTTSDALE, Ariz.] (NYSE: UTI) announced that Scott Yessner assumed the role of interim chief financial officer of the company. Yessner succeeds Bryce Peterson, who has left the company by mutual agreement to pursue other interests. Yessner will provide his services through an agreement between the Company and Tatum, a professional services company. Yessner is with Tatum, a Ranstad company, where he currently leads a consulting practice that specializes in helping publicly traded companies generate earnings and value transformation through strategy, business re-engineering and corporate development. Previously, Yessner was group CFO, Wealth and Corporate Banking with MUFG Union Bank and had CFO executive responsibility for accounting, SEC and regulatory reporting, treasury, strategy/M&A, FP&A, capital/external stakeholder management and governance. In addition, he was group CFO for Wells Fargo Advisors / Wachovia Securities. He has also held financial leadership roles at Jackson National Life Insurance Company, The Balance Sheet Company and Countrywide Financial Corporation.

The Linux Foundation [SAN FRANCISCO] announced Lisbeth McNabb is joining the organization as Chief Financial Officer (CFO) and Chief Operating Officer (COO). McNabb previously led teams at large organizations such as Match.com and PepsiCo. Her professional background includes 20+ years in innovation in growth and emerging stage businesses at Illuminate Education, founder DigiWorksCorp and w2wlink, American Airlines, AT&T and Sodexo. Lisbeth is a board of director, audit chair of Nexstar Media Group.

QDOBA Mexican Eats [SAN DIEGO] named Susan Daggett as Chief Financial Officer, following its March 2018 acquisition by funds managed by affiliates of Apollo Global Management, LLC from Jack in the Box Inc. Daggett has more than two decades of financial experience in the restaurant industry, most recently at Noodles & Company, where she served as interim Chief Financial Officer since June 2017 and Vice President of Finance since August 2016. She also held executive roles at Pinnacle Restaurant Group, Inc., Einstein Noah Restaurant Group, Inc., and Arby’s Inc. Mr. Guilbault’s appointment as Chief Executive Officer is effective immediately. Ms. Daggett is expected to join QDOBA on May 23, 2018.

Lumeon [BOSTON] announced its first C-Suite hire in the United States with the appointment of John Freeman as its Chief Financial Officer (CFO). Since 2011, Mr. Freeman was employed at tonneson + co. Prior to his time at tonneson + co, Mr. Freeman served as a partner at Adler, Blanchard & Freeman LLP.

W. R. Grace & Co. [COLUMBIA, Md.] (NYSE: GRA) announced that by mutual agreement Thomas E. Blaser, Senior Vice President and Chief Financial Officer, will resign from the company effective May 31, 2018 to pursue other interests. Following Blaser’s resignation, William C. Dockman, Vice President and Controller, will assume the role of interim Chief Financial Officer along with his current duties. Dockman has been the company’s Vice President and Controller and Chief Accounting Officer since 2012.

Sezzle [SAN FRANCISCO] announced that they have added Karen Hartje as Chief Financial Officer. Hartje comes to Sezzle as a veteran of the online payments and financial technology industries, and a proven track record of successful growth stimulation and strategic executive leadership. She was the early finance leader at Bluestem Brands.

Internap Corporation [RESTON, Va.] (NASDAQ: INAP) announced that Robert M. Dennerlein is stepping down as Chief Financial Officer to pursue other opportunities, effective June 30, 2018.

Laboratory for Advanced Medicine (LAM) [IRVINE, Calif.] announced that the Company has appointed Richard Brand as its Chief Financial Officer. Mr. Brand joins LAM from BeyondSpring, where he served as Chief Financial Officer. Prior to BeyondSpring, he served as Acting CFO at KenCast. Over the years, Mr. Brand has also served in a variety of other roles with increasing importance at Prospect Capital, Robertson Stephens, Deutsche Bank and Merrill Lynch.

Deluxe Entertainment Services Group [LOS ANGELES] announced the appointment of Eric Cummins as Chief Financial Officer. Cummins was previously CFO of Harland Financial Solutions, a MacAndrews & Forbes Company. then to Vista Equity Partners. Cummins also spent almost 15 years at Honeywell in executive management roles across finance, operations and general management.

JAGGAER [RESEARCH TRIANGLE, N.C.] appointed Vic Chynoweth as the company’s first Global Chief Financial Officer. Chynoweth was most recently at Planview, Inc., where he led finance for a global enterprise software company.

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

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Monday, May 28th 2018
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