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

USA | CFO Moves – week ending September 16, 2016

Tracking CFO Movement Across Canada.

Tiffany & Co. [NEW YORK] (NYSE: TIF) has appointed Mark Erceg to become its next executive vice president and chief financial officer. Previously, Mr. Erceg has been employed at Canadian Pacific Railway Limited, where he has served as executive vice president and chief financial officer since May 2015. From 2010 – 2015, he was the chief financial officer for Masonite International Corporation. He began his career at The Procter & Gamble Company in 1992.

JetBlue Airways Corp. [NEW YORK] (NASDAQ: JBLU) announced that Mark Powers, executive vice president and chief financial officer, will retire from the CFO role. He will remain an advisor to the company for one year. Jim Leddy, JetBlue’s senior vice president and treasurer, will serve as CFO on an interim basis.

Frontier Communications Corporation [NORWALK, Conn.] (NASDAQ: FTR) announced that R. Perley McBride will join the Company, and will become Executive Vice President and Chief Financial Officer following a transition period. Mr. McBride will succeed John Jureller, who is stepping down to pursue other opportunities. Mr. McBride was most recently CFO at Cable & Wireless Communications Plc. Prior to joining Frontier, Perley McBride was the Chief Financial Officer of Cable & Wireless Communications Plc until its May 2016 acquisition by Liberty Global plc. Previously, Mr. McBride served as Chief Financial Officer at Leap Wireless International, from December 2012 through May 2014. Prior to Leap Wireless, he served as Executive Vice President of Finance at The Weather Company, between 2010 and 2012. He served in several senior financial management roles at Frontier between 1999 and 2010, and also between 1994 and 1997.

Prestige Brands Holdings, Inc. [TARRYTOWN, N.Y.] (NYSE: PBH) announced the appointment of Christine “Chris” Sacco to the position of Chief Financial Officer for the Company. Ms. Sacco joins Prestige following eight years at Boulder Brands, Inc. where she served as Chief Financial Officer for the last four years. Prior to Boulder, for five years she held positions of increasing financial responsibility with Alpharma, Inc., where she last held the position of Vice President, Treasurer.

Lending Club [SAN FRANCISCO] (NYSE: LC) announced that Thomas W. Casey will join as Chief Financial Officer. He replaces Brad Coleman, who will remain in his role as Principal Accounting Officer and Corporate Controller reporting into Tom Casey. Casey joins Lending Club most recently from Acelity, where he was Executive Vice President and CFO, and has more than two decades of senior financial services leadership experience at GE Capital, Washington Mutual, JP Morgan Chase, and Citicorp.

iPayment Holdings, Inc. [NEW YORK] announced the appointment of Robert Purcell as the company’s Chief Financial Officer (CFO). Purcell will assume the position of CFO upon the departure of Mark Monaco, the company’s current CFO, in November 2016. Purcell joined iPayment in 2012, and currently serves as the company’s Senior Vice President, Finance and Chief Accounting Officer. He has held numerous executive leadership positions throughout his career, most recently with Intuit, Inc., where he served as Vice President Finance, Intuit Financial Services. Purcell also served as Executive Director, Finance-Global Operations at Amgen, Inc. and was Audit Senior, Business Assurance and Advisory Services at Deloitte & Touche.

Hawkins, Inc. [MINNEAPOLIS] (NASDAQ: HWKN) announced that Kathleen P. Pepski, Vice President, Chief Financial Officer and Treasurer plans to retire. Pepski joined Hawkins in February 2008 as its Chief Financial Officer, Vice President and Treasurer. She served as Secretary from February 2008 to November 2008.

Amkor Technology, Inc. [TEMPE, Ariz.] (NASDAQ: AMKR) announced that Megan Faust, Amkor’s Senior Vice President, Corporate Controller since 2013, has been appointed Corporate Vice President and Chief Financial Officer. Ms. Faust succeeds Joanne Solomon, who has left the Company to pursue other opportunities. Ms. Faust joined Amkor in 2005. Prior to joining Amkor, Ms. Faust served as an auditor with KPMG, LLP for 10 years.

OneSource Virtual [DALLAS] announced the appointment of John D. Bax as its new chief financial officer (CFO). Bax succeeds OSV’s current CFO Melinda Lawrence, who recently made the decision to resign in order to pursue other opportunities. Bax served as VP planning & analysis for Wal-Mart Stores, and has experience as well with Ernst & Young.

American Trucking Associations [ARLINGTON, Va.] announced that Rusty Duckworth has been promoted to the position of chief financial officer. Duckworth has worked for ATA since 1999 in a variety of roles in the accounting and finance department, most recently as senior vice president and controller.

Acelity L.P. Inc. [SAN ANTONIO] announced that Tom Casey, Executive Vice President and Chief Financial Officer for Acelity, has resigned from his role at Acelity. Todd Wyatt, Vice President, Global Corporate Finance, will serve as interim CFO while Acelity conducts the formal process of identifying Casey’s successor. Wyatt joined the company in 2004 and has previously served as Vice President, Global Corporate Finance.

Visualant, Inc. [SEATTLE] (OTCQB: VSUL) announced that it has appointed Jeff Wilson as Chief Financial Officer. Wilson brings over 12 years of experience at MicroVision, a Redmond. In addition, he previously served as Chief Financial Officer of Command Center, and Acumatica. Earlier in his career, he held senior finance and accounting positions with Siemens Medical Systems, and served as a manager at PricewaterhouseCoopers.

Cynosure, Inc. [WESTFORD, Mass.] (NASDAQ: CYNO) announced that Stephen J. Webber will join the Company as Executive Vice President. Mr. Webber will then become Chief Financial Officer and Chief Accounting Officer. He will succeed Timothy W. Baker, who in May announced his planned retirement from Cynosure to pursue philanthropic interests. Mr. Webber joins Cynosure from Virtustream, where he was Chief Financial Officer since 2015. He previously served in multiple financial leadership roles at EMC Corporation, Virtustream’s former parent. From 2012 to 2015, Mr. Webber was Senior Vice President of Finance and Operations at EMC. During a 19-year career at EMC, Mr. Webber was promoted to leadership positions of increasing responsibility, including corporate finance, international finance, sales finance and operations for Latin America and business partner roles supporting the Enterprise Software Division and Global Services. Before that, he spent four years at Deloitte & Touche LLP in Boston.

North State [HIGH POINT, N.C.] announced that Jon Cage, vice president and chief financial officer, will retire after a 33-year career with the company. Mr. Cage will be succeeded by Scott Toth, who has been appointed vice president and chief financial officer. Mr. Toth, who joined North State in 2013, is currently director of finance & business analysis. Prior to joining North State, Mr. Toth held various management positions, including CFO, for companies repositioning themselves within the automotive, transportation and senior living industries. The companies included Arvin Industries, FedEx and Pennybyrn at Maryfield (Maryfield, Inc.). Mr. Toth began his career at Coopers & Lybrand in 1986.

Misonix, Inc. [FARMINGDALE, N.Y.] (NASDAQ: MSON) announced that it appointed Joseph Dwyer as interim Chief Financial Officer.

Ruby Tuesday, Inc. [MARYVILLE, TN] (NYSE: RT) announced the appointment of Sue Briley as Chief Financial Officer. Ms. Briley has been serving as interim Chief Financial Officer since June 2016 and prior to that, had been Vice President of Finance since joining Ruby Tuesday in July 2014.

Caligor [SECAUCUS, N.J.] announced that it has appointed Alex Shvartsburg as Chief Financial Officer and Chief Operating Officer. Most recently, Mr. Shvartsburg served as Vice President of Finance – Genetic, Medical and Applied Sciences Division (GSD) at Thermo Fisher Scientific. Before that, he was head of Life Technologies Corporate Development Finance Group. He began his career with Johnson and Johnson, progressing in roles of increasing responsibility.

Real Industry, Inc. [SHERMAN OAKS, Calif.] (NASDAQ: RELY) announced that it has appointed Michael Hobey as Executive Vice President and Chief Financial Officer of the Company, succeeding Kyle Ross who had been appointed as President, Interim Chief Executive Officer and Chief Investment Officer. Mr. Hobey has served as the Chief Financial Officer of the Company’s indirect wholly owned subsidiary, Real Alloy Holding, Inc., since the business’ acquisition in February 2015. Prior to joining Real Alloy, Mr. Hobey served as Chief Financial Officer of the predecessor entity known as Global Recycling & Specification Alloys at Aleris International, Inc. (“Aleris”). Mr. Hobey joined Aleris in June 2006, serving as Vice President, Corporate Development, through July 2009 when he was named Vice President and Treasurer. Before joining Aleris, he served as Vice President in the Investment Banking Division at Citigroup Global Markets and held various positions with McDonnell Douglas and Boeing immediately following college.

Regis Corporation [Minneapolis, MN] announced that Steven Spiegel gave notice of his intention to resign from his position as Chief Financial Officer. Eric Bakken, current Chief Administrative Officer and General Counsel, will become Interim CFO upon Mr. Spiegel’s departure.

Drawbridge [San Mateo, CA] announced the appointment of Matthew Gallatin as the company’s first Chief Financial Officer. Gallatin most recently served as CFO of OneLogin, and previously as CFO of ShareThis. Gallatin has also held executive roles at, Yahoo, and Merrill Lynch.

Lumber Liquidators [TOANO, Va.] (NYSE: LL) announced that Martin “Marty” Agard will join the Company as Chief Financial Officer. Interim CFO Greg Whirley will remain with the Company in his role as Senior Vice President, Finance. Mr. Agard joins Lumber Liquidators from Kohler Company, where he most recently served as Chief Financial Officer. Prior to his role at Kohler, Mr. Agard held finance, treasury and controller roles at Georgia Pacific Corporation, as well as financial roles at Procter & Gamble and Eastman Kodak.

RedBrick Health [MINNEAPOLIS, MN] announced that Todd Laddusaw is joining its leadership team as chief financial officer. Mr. Laddusaw will oversee the company’s financial strategy and operations as RedBrick continues to grow and expand opportunities to help its clients improve engagement, well-being and performance across diverse populations. Mr. Laddusaw joins RedBrick from Healthland, Inc., where he was CFO. Prior to Healthland, he served as chief financial officer at Microedge, LL. Mr. Laddusaw has also held financial leadership positions at UnitedHealth Group, Thomson Reuters, PricewaterhouseCoopers and KPMG.

Timberline Resources Corporation [COEUR D’ALENE, IDAHO] (OTCQB: TLRS) announced the appointment of Randal Hardy as Timberline’s Chief Financial Officer and Corporate Secretary. From August 2007 to January 2016, Mr. Hardy served as Timberline’s Chief Financial Officer. Prior to joining Timberline, Mr. Hardy served in executive roles at a start-up gold exploration company, a private custom minting firm, and a historic silver mining company. Since January 2016, he has continued to perform Timberline’s CFO responsibilities as a consultant.

SC3 [ALEXANDRIA, VA] has expanded its leadership ranks by promoting David Clark to the role of Chief Financial Officer (CFO). Clark joined SC3 in 2015, serving as the company’s Vice President of Business Operations. Prior to joining SC3, he was the Vice President, Financial Planning and Analysis for ASRC Federal. He also served in increasing roles of responsibilities in various finance and business operations leadership roles in his 13-year career at Lockheed Martin.

Integer Holdings Corporation [FRISCO, Texas] announced that Michael Dinkins, executive vice president and chief financial officer, plans to leave the Company. Mr. Dinkins served on the Greatbatch Board of Directors from 2008-2012. In 2012, he transitioned from a Director into the CFO role.

Mill Steel Co. [GRAND RAPIDS, Mich.] announced the appointment of Marc Rabitoy as Chief Financial Officer (CFO) and partner. Rabitoy was most recently the Field Finance Managing Director of the Consumer Packaged Goods division at Ryder Integrated Logistics, Inc. Prior to that, he was promoted to Vice President of Finance for Total Logistics Control, LLC (TLC).

iRobot Corp. [BEDFORD, Mass.] (NASDAQ: IRBT) announced the addition of Andrew Miller, executive vice president and chief financial officer at PTC, to its board of directors increasing its size to nine members. Prior to PTC, Miller served as vice president and chief financial officer of Cepheid. He has also served in financial leadership roles at Autodesk, MarketFirst Software, Cadence Design Systems, and Silicon Graphics.

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