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USA | CFO Moves – week ending September 2, 2016


Tracking CFO Movement Across Canada.



Verizon Communications Inc. [NEW YORK] (NYSE, NASDAQ: VZ) announced that Francis J. (Fran) Shammo plans to retire at the end of 2016 after 27 years with the company. Verizon’s Board of Directors appointed Matthew D. (Matt) Ellis to succeed Shammo as executive vice president and CFO. Prior to Ellis’ current role, he was senior vice president and treasurer for Verizon. Ellis joined Verizon in 2013, after having spent 15 years at Tyson Foods, Inc. in a variety of roles. At Tyson, he was vice president and treasurer. From 2007 through 2010, Ellis was vice president – Finance. From 2005 to 2007, Ellis was vice president – Country Manager. Previously, Ellis worked in England for Dixons Stores Group PLC and Coopers & Lybrand, where he qualified as a Chartered Accountant.

Delek US Holdings, Inc. [BRENTWOOD, Tenn.] (NYSE: DK) announced that Executive Vice President and Chief Financial Officer Assi Ginzburg has decided to resign his role as chief financial officer.

Liberty Media Corporation [ENGLEWOOD, Colo.] (NASDAQ: LSXMA, LSXMB, LSXMK, BATRA, BATRK, LMCA, LMCK) announced that Mark D. Carleton has been appointed to the position of Chief Financial Officer. Prior to joining Liberty Media’s predecessors, Mr. Carleton served as a partner in the accounting firm of KPMG.

Baldwin & Lyons, Inc. [Carmel, Indiana] (NASDAQ: BWINA) (NASDAQ: BWINB) announced that William C. Vens has been appointed Chief Financial Officer of the Company. Mr. Vens joined the Company in June 2014 as Managing Director of Finance and after that served as Vice President of Strategy and Planning from June 2016 to the present. Prior to joining the Company, Mr. Vens served in Merrill Lynch & Co.’s investment banking division from 2002 to 2011.


SproutLoud [Sunrise, FL] announced that David Spinola has been tapped as Chief Financial Officer. Prior to joining SproutLoud, David spent 10 at leading private equity firms, including Code Hennessy & Simmons, Brockway Moran & Partners, and Millpond Equity Partners. David also previously served as Chief Financial Officer at Academy Medical, LLC. He began his career in the Mergers & Acquisitions Group at Salomon Smith Barney.

Finesse Solutions, Inc. [SANTA CLARA, Calif.] announced the appointment of Sara Kaur as chief financial officer. Ms. Kaur has served as vice president of finance since July 2015 and was recently promoted. Prior to joining Finesse, Ms. Kaur was finance director and international controller for Kulicke & Soffa. She has held senior accounting positions at Ameresco Inc., Microsemi Corporation and Varian Inc. Over the course of her career, Ms. Kaur has also consulted at Google, Symantec Corporation and Hercules Capital.

IDEX CORPORATION [LAKE FOREST, Ill.] (NYSE:IEX) announced that Michael J. Yates has been appointed interim Chief Financial Officer of the Company. Mr. Yates has been at IDEX for 11 years and has served as Vice President and Chief Accounting Officer since 2010. Prior to that, he was Vice President and Controller for five years. Mr. Yates held positions with PriceWaterhouse Coopers and KPMG for 17 years prior to joining IDEX.

Double Eagle Energy Holdings II [FORT WORTH, Texas] announced that Richard A. Burnett has joined the Company to serve as its Chief Financial Officer. Mr. Burnett was most recently with EXCO Resources, Inc. from 2013-2016, where he served as Vice President and Chief Financial Officer. Mr. Burnett was previously a partner at KPMG LLP where he spent 12 years primarily serving the oil and gas industry. He began his career at Arthur Andersen LLP.

PRG [NEW YORK] announced the appointment of Joseph T. Cirillo as its Chief Financial Officer. Prior to joining PRG, Cirillo was Vice President, Controller and Chief Accounting Officer at Blyth, Inc. Previously he held the role of Vice President, Reporting & Planning at Blyth, Inc.

Eco-Site, Inc. [DURHAM, N.C.] announced that former chief operating officer/chief financial officer of CalStar Products, Inc. Jack Barry has been appointed as chief financial officer.


MakeOffices [WASHINGTON] announced the addition of Brian Bharwani as chief financial officer. He joins MakeOffices from Clarabridge, where he was vice president of financial planning and analysis.

Crown Bioscience [SANTA CLARA, Calif.] announced that Ms. Eva Ho has been appointed Chief Financial Officer. Ho will take on Mr. Bing Zhu’s previous role, who has now been appointed Chief Operating Officer.

Adams Resources & Energy, Inc. [HOUSTON] (NYSE MKT: AE) announced that Richard B. Abshire, Executive Vice President, Chief Financial Officer and Treasurer, is retiring. Sharon C. Davis, the Company’s current Executive Vice President, Chief Operating Officer and Chief Accounting Officer will assume the duties of Chief Financial Officer and Treasurer on an interim basis.

Skyworks Solutions, Inc. [IRVINE, Calif.] (NASDAQ: SWKS) announced that Kris Sennesael has joined Skyworks as senior vice president and chief financial officer. Sennesael most recently served as chief financial officer for Enphase Energy. Prior to Enphase, Sennesael was chief financial officer at Standard Microsystems, and previously, he held increasingly responsible financial positions at ON, AMI Semiconductor and Alcatel Microelectronics.

Deluxe Corporation [ST. PAUL, Minn.] (NYSE: DLX) announced that Edward A. Merritt will assume the role of Chief Financial Officer on an interim basis, effective upon the departure of Terry Peterson, who has resigned to take a similar position at a larger company. Merritt has been Treasurer and Vice President of Investor Relations of Deluxe since joining Deluxe in August 2013, a position he will continue to hold. From August 2007 to August 2013, he was the Vice President of Treasury, Investor Relations & Corporate Development for Digital River, Inc. Prior to joining Digital River, he spent over 20 years in the retailing industry with the JCPenney Company, Inc.

Communications Systems, Inc. [MINNETONKA, Minn.] (NASDAQ: JCS) announced the appointment of Mark Fandrich as the Company’s Chief Financial Officer. Mr. Fandrich succeeds Edwin C. Freeman, who has assumed the position of Treasurer and Vice President of Corporate Development. Mr. Fandrich served as Vice President of Finance for the Company’s Suttle business unit since July 2015. From 2005 to 2015, he was Corporate Controller of The Bergquist Company. From 2000 to 2005, Mr. Fandrich served as Director of Finance of Larex Inc. From 1984 to 2000, Mr. Fandrich served in finance and accounting roles at several private and public companies and as a tax accountant for Arthur Andersen & Co.

Stoneridge, Inc. [WARREN, Ohio] (NYSE: SRI) announced that Robert R. Krakowiak has been appointed Chief Financial Officer and Treasurer. He succeeds George E. Strickler, who will remain with the Company as Executive Vice President. Since 2012, Krakowiak has been Vice President, Treasury and Investor Relations, for Visteon Corporation. Prior to that, he served in a number of senior financial roles during his seven years at Owens Corning, including Vice President of Finance for Owens Corning’s Composite Solutions Business and Vice President and Controller of Roofing and Asphalt. In addition, he spent three years as Vice President and Treasurer for Oxford Automotive Inc. He was also a Divisional Vice President of Finance at Kmart. Krakowiak began his career at the Ford Motor Company Electronics Division as a product design engineer.

Innovus Pharmaceuticals, Inc. [SAN DIEGO] (OTCQB Venture Market: INNV) announced that Robert Hoffman will join the management team as Executive Vice President and Chief Financial Officer. Most recently, Mr. Hoffman was Chief Financial Officer of AnaptysBio, Inc. He was part of the founding management team of Arena Pharmaceuticals, Inc., in 1997, serving as Senior Vice President, Finance and Chief Financial Officer until 2015. He also served as Chief Financial Officer for Polaris Group, from March 2011 to August 2011. Mr. Hoffman is a member of the board of directors of CombiMatrix Corporation, Kura Oncology, Inc., and MabVax Therapeutics Holdings, Inc. He also was a member of the Financial Accounting Standards Board’sSmall Business Advisory Committee until 2015 and is a member of the steering committee of the Association of Bioscience Financial Officers.

Metamason, Inc. [SAN FRANCISCO, CA] announced that Cliff Sarkin has tendered his resignation as Chief Operating Officer and Chief Financial Officer. Les Karpas, Chief Executive Officer of Metamason, will assume responsibility for Mr. Sarkin’s duties on an interim basis.

Ferro Corporation [CLEVELAND] (NYSE: FOE) announced Benjamin Schlater, who has served as Ferro’s Vice President, Corporate Development and Strategy since September 2015, has been named Vice President and Chief Financial Officer, succeeding Jeffrey Rutherford, who stepped down from the position. Mr. Schlater joined Ferro in September 2015. His experience includes serving as treasurer and head of corporate development, strategic and financial planning, and risk management at Veyance Technologies. Prior to Veyance, he was a managing director at FTI Consulting. Prior to that, he was a manager at PricewaterhouseCoopers in its corporate finance practice.

Command Center, Inc. [DENVER] (OTCQB: CCNI) has appointed Colette Pieper to the position of chief financial officer. She replaces Jeff Wilson, whose tenure as CFO ended on September 1. Pieper joins Command Center after serving from 2012 to 2016 as CFO of Life Partners Holdings. From 2006 to 2012, Pieper was an executive director and accounting/financial director for USAA. From 2003 to 2005, she served as CFO of Clark American Checks and from 2000 to 2003 served as vice president and CFO of Checks In The Mail, Inc.

Orchids Paper Products Company [PRYOR, Okla.] (NYSE: Mkt: “TIS”) announced that Rodney D. Gloss will join the Company as Chief Financial Officer. Prior to joining the Company, Mr. Gloss served between 2011 and 2016 as Vice President and Chief Financial Officer of Atna Resources Ltd. In 2010 and 2011, Mr. Gloss served as Corporate Controller of Alacer Gold Corporation. Prior to 2010, Mr. Gloss served in senior financial positions with Intrepid Potash, Inc., and Timminco Ltd.


Lithium Technologies [SAN FRANCISCO] announced Jim Cox as its new senior vice president and chief financial officer. He succeeds Mark Culhane. Cox joins Lithium from Advent Software, where he held the title of executive vice president and CFO. Prior to joining Advent, Cox held various roles at UTStarcom Inc and PricewaterhouseCooper.

Digital Turbine, Inc. [AUSTIN, Texas] (NASDAQ: APPS) announced the appointment of Barrett Garrison as Chief Financial Officer, replacing Andrew Schleimer. Garrison previously served as Vice President and then Chief Financial Officer of NetSpend Corporation. Subsequent to NetSpend, Mr. Garrison was Chief Financial Officer of Competitor Group. Mr. Garrison was the Financial Controller of Dell Financial Services, from 2007 to 2008.

Point Inside [BELLEVUE, WA] announced the addition of Brandon Ferguson as CFO. Prior to Point Inside, Brandon Ferguson worked as CFO and director of operations for PicMonkey. He has also served as an advisor for numerous Seattle startups.

Rodan & Fields, LLC [SAN FRANCISCO] announced the appointment of Chris Newman as Chief Financial Officer (CFO). Most recently, Mr. Newman was Chief Operating Officer of Serena & Lily. Prior to joining Serena & Lily, Mr. Newman served as CFO, Executive Vice President and Head of Development at Orchard Supply Hardware and served as its Principal Accounting Officer. Prior to that, he served as the CFO, Senior Vice President and Secretary of Restoration Hardware Holdings, Inc., and Vice President and Chief Financial Officer, Store Operations at Limited Brands, Inc., where he also held various executive positions. He has held various financial positions at PepsiCo, Incorporated. Mr. Newman began his career at J.P. Morgan.

Coastal Banking Company Inc. [BEAUFORT, SC] (OTCQX: CBCO) announced that its board of directors has elected Thomas J. Flournoy executive vice president and chief financial officer.

Cooper Companies, Inc. [PLEASANTON, Calif.] (NYSE: COO) announced that Gregory W. Matz, senior vice president, chief financial officer and chief risk officer, plans to retire from the company in early 2017 after more than six years of service to the company. As part of his planned transition, Mr. Matz intends to remain in his current role through fiscal year end October 31, 2016, and then act in an advisory capacity until March 2017 to ensure a smooth transition. Albert G. White, III will succeed Mr. Matz as chief financial officer. Mr. White will assume this role in addition to his current responsibilities as executive vice president and chief strategy officer of Cooper Companies, which includes responsibility for leading CooperSurgical.

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