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USA | CFO Moves – week ending September 20, 27, 2013


Tracking CFO movement across the USA.



CFO Moves – week ending September 20, 2013

Simply Hired announced the appointment of Shelly Schaffer as Executive Vice President and Chief Financial Officer. Before joining Simply Hired, Schaffer served as Executive Vice President and Chief Financial Officer at Support.com. Prior to Support.com, she served as Vice President of Corporate Operations Finance at Yahoo! Inc. Schaffer also worked as an executive at Mercury Interactive in a number of finance roles of increasing responsibility from September 2003 to December 2006 during which period it was acquired by Hewlett Packard. These roles included Vice President of Strategic Finance and Treasury and Vice President of Financial Planning and Analysis. Earlier in her career, Schaffer held a range of senior finance roles with The Coca Cola Company, Nestle Beverage Company and Cosine Communications. Troy Alstead

Starbucks Corporation (NASDAQ: SBUX) announced that Troy Alstead, chief financial officer and chief administrative officer, has been promoted to chief financial officer and group president, Global Business Services. Alstead joined Starbucks in January 1992 when it was a privately held company with just over 100 stores.

Lionsgate announced that its Chief Financial Officer, James Keegan, has announced his retirement effective October 1, 2013. The Company has asked him to remain as a consultant until January 3, 2014 to assist with the transition to his successor. James W. Barge has been named Chief Financial Officer effective October 1. Barge served as Executive Vice President and Chief Financial Officer of Viacom Inc. from 2010-2012 and Executive Vice President, Controller, Tax and Treasury, from 2008-2010. He previously had a 13-year tenure at Time Warner, ultimately serving as Time Warner Senior Vice President, Controller and Chief Accounting Officer. Prior to his tenure at Viacom and Time Warner, Barge spent 13 years at Ernst & Young, where he rose to the positions of industry leader of the Consumer Products Group and Regional Partner.

Norfolk Southern Corp. (NYSE: NSC) announced that Marta R. Stewart has been named executive vice president and chief financial officer, effective Nov. 1. Stewart succeeds John P. Rathbone, who will retire Nov.1, after a 32-year career in the finance and administrative divisions at Norfolk Southern. Stewart joined Norfolk Southern in 1983 and served in several finance positions before being named vice president and controller in 2003 and then vice president and treasurer in 2009.

NVIDIA (NASDAQ: NVDA) announced that it has named Colette Kress as executive vice president and chief financial officer. Kress most recently served for three years as senior vice president and chief financial officer at Cisco’s Business Technology and Operations Finance organization. Previously, she spent 13 years at Microsoft, including four years as chief financial officer of the Server and Tools division, and held senior roles in corporate planning and finance. Prior to that, she served at Texas Instruments in a variety of finance positions.

Ralph Lauren Corporation (NYSE: RL) announced that Christopher Peterson, currently Senior Vice President (SVP) and Chief Financial Officer (CFO), will become Executive Vice President and Chief Administrative Officer (CAO) in addition to his role as CFO. Mr. Peterson has been SVP and CFO of the Company since September 2012. Before joining Ralph Lauren, Mr. Peterson spent 20 years at The Procter & Gamble Company in several senior corporate and operational roles. Most recently, he was CFO of its Global Household Care division.

Lipocine Inc. (OTC: LPCN) announced that Morgan Brown has joined the Company as Executive Vice President and Chief Financial Officer (“CFO”). Most recently, Mr. Brown was the CFO at Innovus Pharmaceuticals, Inc. Previously Mr. Brown was the CFO of World Heart Corporation and Lifetree Clinical Research and the Vice President, Finance and Treasurer of NPS Pharmaceuticals, Inc. Before NPS Pharmaceuticals Mr. Brown was a Senior Manager at KPMG LLP.

PCTEL, Inc. (NASDAQ: PCTI) announced that John Schoen, PCTEL’s current and long-time CFO, has been promoted to Senior Vice President and CFO. Schoen has served as the company’s CFO since November 2001. Schoen began his career in public accounting at Ernst and Young before spending nearly 20 years at Motorola, where he held both financial and operational positions. He served as Safco Technology’s CFO and maintained those responsibilities after Agilent’s acquisition of Safco.

Flurry announced the appointment of Bob Komin as its Chief Financial Officer. Bob has held several executive positions, most recently as CFO at Ticketfly, and previously as COO and CFO at Linden Labs, CFO at Solexel, CFO at Tellme Networks (acquired by Microsoft) and prior to that as VP of Finance and Treasurer at Convergys and Cincinnati Bell.

InVivo Therapeutics Holdings Corp. announced that Gregory D. Perry has been appointed as interim CFO, commencing September 23, 2013. Mr. Perry was most recently the Executive Vice President and CFO of Immunogen, Inc. Prior to joining Immunogen, Mr. Perry served as CFO of Elixir Pharmaceuticals, Inc. from 2007 to 2009. Prior to Elixir, he was CFO of Domantis Ltd., which was acquired by GlaxoSmithKline in 2006. Previously, Mr. Perry was Senior Vice President and CFO of Transkaryotic Therapies, Inc. until its acquisition by Shire plc in 2005. Mr. Perry is currently a member of the Board of Directors of Advanced Cell Technology, Inc.

Greenbelt Resources Corporation (OTC: GRCO) announced the appointment of Joseph Pivinski to the executive team as interim chief financial officer. Joe served previously as CFO and senior vice president at NASDAQ-listed Consolidated Water Co., Ltd., and as vice president of finance and CFO for Oriole Homes Corp. Joe has also held various similar C-level and board positions with other public and private companies, including the U.S. subsidiary of Adecco.

Hot Mama’s Foods, Inc. (OTC: HOTF) announced that William Kenealy has joined as Chief Financial Officer (CFO). From 2010 to 2013, Bill was Chief Financial Officer of Compact Industries, Inc. Prior to that, Bill worked at Reserve Brands, Inc. as Senior Vice-President and CFO from 2007 to 2009. From 2006 to 2007 he was a consultant/interim CFO for public and privately held operating companies and private equity firms.

Washington Trust Bancorp, Inc. (NASDAQ: WASH), the publicly-owned holding company of The Washington Trust Company, announced David V. Devault has been promoted to Vice Chairman, Secretary and Chief Financial Officer.

Sterling Construction Company, Inc. (NASDAQ: STRL) announced that Thomas R. Wright has been named Executive Vice President and Chief Financial Officer effective September 25, 2013 and that Kevan Blair will assume the role of Senior Vice President of Corporate Finance following his stint as interim CFO. Mr. Wright was most recently Chief Financial Officer of Toronto-based St Marys/CBM, which he joined in 2011. Between 2006 and 2010, Mr. Wright was with Boart Longyear. He began his career at Boart as Vice President of Global Products and Manufacturing, and was later promoted to Vice President, Financial Planning and Analysis, Mergers and Acquisitions, Investor Relations, Strategic Planning and Corporate Communication. Before joining Boart, Mr. Wright was Director of Corporate Financial Planning and Analysis for a leading North American quick-serve restaurant company, Wendy’s International. Earlier in his career, Mr. Wright held increasingly responsible positions in the finance areas of Bank One Corporation (now JP Morgan Chase Company) and Allied Signal Incorporated (now Honeywell International Inc.).Paul Read

Ingram Micro Inc. (NYSE: IM) announced the appointment of Paul Read as president and chief operating officer, effective Sept. 30, 2013. Read, who joined the Ingram Micro board of directors last September, has resigned his role as a member effective immediately. From June 1995 to June 2013, Read was with Flextronics Inc. serving most recently as chief financial officer and executive vice president. Previously he served as the company’s executive vice president of finance for worldwide operations. Prior to joining Flextronics in 1995, he held various senior financial positions in the United Kingdom with Allied Steel and Wire, STI Telecommunications and Associated British Foods.

LogicSource announced the appointment of Greg Hunt, Chief Financial Officer and Treasurer of Apollo Investment Corporation, to its Board of Directors.

LLBH Private Wealth Management, LLC announced the appointment of Jeff Fuhrman as its Chief Operating Officer and Chief Financial Officer. Most recently, Fuhrman spent nearly a decade as President and Chief Operating Officer of IMG Artists. Previously, Fuhrman was President and CFO of Gemini Voice Solutions, and earlier in his career, was an investment banker with Salomon Smith Barney.

Emulex Corporation (NYSE: ELX) announced that Michael J. Rockenbach, the Corporation’s executive vice president (EVP), chief financial officer (CFO) and corporate secretary, will be departing effective December 31, 2013. Mike Rockenbach joined Emulex in 1991, and has served as executive vice president and chief financial officer since 1997.

Billtrust announced the addition of Ed Jordan as the company’s new Chief Financial Officer. Jordan spent the last 25 years helping private equity-backed firms prepare for future investor opportunities. Among his many successes, Jordan led the acquisition of mobile barcode technology company JAGTAG Inc. as that company’s CEO; he also served as CFO of ITXC Corporation and Dialogic Inc., where he guided those two companies’ IPOs.

ConvergeOne welcomed Jeffrey Nachbor as its new Chief Financial Officer. Nachbor comes to ConvergeOne from Leap Wireless, where he was Senior Vice President of Operational Finance and Chief Accounting Officer. His previous positions include Senior Vice President of Finance and Controller at H&R Block, CFO and Treasurer at Sharper Image Corporation, and Senior Vice President and Corporate Controller at Staples, Inc., among others.

GAIN Capital Holdings, Inc. (NYSE: GCAP) announced the appointment of Jason Emerson as its Chief Financial Officer (CFO), effective October 1, 2013. Mr. Emerson was most recently Managing Director and Business Manager of KCG Holding’s Global Execution Services division. Previously, he served as KCG’s Director of Financial Operations. Prior to KCG, Mr. Emerson held financial and operational positions at Instinet, Merrill Lynch and PricewaterhouseCoopers. GAIN’s interim CFO, Daryl Carlough, will be leaving the company to pursue other opportunities. William Hernandez

Northrop Grumman Corporation (NYSE: NOC) announced that it has elected William H. Hernandez to its board of directors. Hernandez served as senior vice president, Finance, and chief financial officer of PPG Industries, Inc., a manufacturer of chemical and industrial products, until his retirement in 2009. Prior to that, he was PPG’s corporate controller from 1990 to 1994. Hernandez previously held a number of positions with Borg-Warner Corporation and Ford Motor Company. He is a member of the board of directors of Albemarle Corporation, Black Box Corporation and USG Corporation.

Commercial Vehicle Group, Inc. (NASDAQ: CVGI) announced that its Chief Financial Officer, Chad Utrup, is resigning to pursue an outside opportunity. Mr. Utrup will remain active with the company until Friday, November 1 to ensure a smooth transition. Mr. Utrup began his CVG career in 1998.

KaloBios Pharmaceuticals, Inc. (NASDAQ: KBIO) announced that Herb C. Cross will join the company as of September 23, 2013, and transition into the Chief Financial Officer role in coordination with Jeffrey H. Cooper, the company’s current CFO. The company expects this transition will be completed in the October-November time frame. Mr. Cross was previously Chief Financial Officer of Affymax. Before becoming CFO of Affymax, he served as the company’s Vice President, Finance. Mr. Cross previously served as Vice President, Finance for Facet Biotech Corporation. Before joining Facet, he was corporate controller at PDL BioPharma. Before that, he held positions of increasing responsibility, including Vice President, Finance, at Neoforma, Inc.

Magellan Midstream Partners, L.P. (NYSE: MMP) announced that its chief financial officer, John Chandler, has provided notice that he intends to leave the partnership effective March 31, 2014.

SWS Group, Inc. (NYSE: SWS) announced that Executive Vice President, Chief Financial Officer and Treasurer Stacy M. Hodges has submitted her resignation effective September 30, 2013, to accept an executive position with a North Texas financial services company.

Trevena, Inc. announced the appointment of Roberto Cuca as senior vice president and chief financial officer. Most recently, he served as Treasurer and Senior Vice President, Finance at Endo Health Solutions Inc. Before that, he was Director, Corporate and Business Development, at moksha8 Pharmaceuticals, Inc. Mr. Cuca also worked at JPMorgan Chase & Co. as an equity analyst covering U.S. pharmaceutical companies.

Five Star Products, Inc. is pleased to announce that Frederic E. Rubin has joined the company’s leadership team as Chief Financial Officer. Before joining Five Star Products, Inc., he served as Managing Director of Sandhopper, LLC, and previously as Chief Financial Officer at the Judlau Companies.

Axcelis Technologies, Inc. (NASDAQ: ACLS) announced the appointment of Kevin J. Brewer as executive vice president and chief financial officer. Mr. Brewer, has served as the company’s interim CFO since July.

Children’s Hospitals and Clinics of Minnesota welcomes K. Alec Mahmood as its new chief financial officer. Mahmood succeeds Jerry Massman, who recently retired. Most recently, Mahmood spent five years as the chief financial officer for HealthMarkets. Prior to joining HealthMarkets, he was the chief financial officer and chief operating officer of the Medicaid division at Coventry Health Care. He has also held leadership positions at Ardent Health Services, Kaiser Permanente and Health Net.

PENSCO announced that Carol Foster, has been named Chief Financial Officer. Most recently, Foster was the founder of CLF Advisor. Earlier in her career, she worked for Pantheon Ventures, Calera Capital, Merrill Lynch, Goldman Sachs and Accenture. PENSCO also announced that Chris Radich, formerly the CFO of PENSCO, has been named Chief Risk Officer, a new executive level position at the company. Earlier in his career, Radich worked for RCM Capital Management, Bank of America and Ernst & Young.Richard Silverman

DeliverLean announced that Richard Silverman was recently named Chief Financial Officer. In his prior position, he served as the CFO of The Fresh Diet, Inc. For more than 15 years, Richard ran his own consulting firm. Mr. Silverman also owned and operated a specialty auto parts distributorship in Miami, FL. Prior to building his consultancy business, Richard served as the CFO of Bolivia’s third largest private mining company.

Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) appointed Philip S. Devine as chief financial officer. Devine, who has been working as a consultant for Odyssey since August 1, 2013, succeeds Michael J. Holmes, whose intention to retire was reported in January. Prior to joining Odyssey, Devine served as CFO of a number of publicly-traded companies with operations in Europe and the United States. Most recently, he worked as a financial consultant via Decofi sprl and as the CFO of two biotechnology companies, MDxHealth and Tibotec-Virco (sold to Johnson & Johnson).

GoHealth announced that Robert R. Millard has joined the company as Chief Financial Officer. He succeeds Mike Ahern, who was named GoHealth’s Chief Accounting Officer. Millard most recently served as CFO at Angie’s List, Inc. He was a member of the executive team that took the company public in November 2011. Prior to that role, Millard served as CFO at two other publicly traded companies.

Cordia Bancorp Inc. (NASDAQ: BVA), parent of Bank of Virginia, announced the hiring of Mark A. Severson as Executive Vice President and Chief Financial Officer of the Company and the Bank. Mr. Severson was most recently Chief Financial Officer and Treasurer of Chemung Financial Corporation in Elmira, NY. Before that he served as Chief Financial Officer of FNB United Corp. in Asheboro, NC from 2007 to 2011, Chief Financial Officer of Camco Financial Corporation in Cambridge, OH from 2001 to 2007, Chief Financial Officer of FCNB Corp. in Frederick, MD from 1990 to 2001, and Vice President of Union Planters Bank in Memphis, TN from 1984 to 1989.

Tenex Health announced that Chief Financial Officer, Dr. Rom Papadopoulos will be resigning as CFO and a member of the board of directors as of September 30, 2013. Dr. Papadopoulos will be returning to his position as Managing Director of Intuitus Group. Ivan Mijatovic, Chairman of the company’s Board of Directors, will assume responsibilities as interim CFO and oversee financial operations until a permanent CFO has been identified.

Baxano Surgical, Inc. (NASDAQ: BAXS) announced that Joe Slattery, Executive Vice President and Chief Financial Officer, has resigned effective September 27, 2013 to pursue another business opportunity. Tim Shannon, Vice President of Finance, has been appointed Interim Chief Financial Officer effective September 27, 2013. Tim Shannon joined Baxano Surgical in 2013. Previously, he was Vice President of Financial Reporting at Talecris Biotherapeutics and Chief Financial Officer and Treasurer at Harris Wholesale. He began his career at PricewaterhouseCoopers. Christopher Dunleavy

VHA Inc. has named Christopher Dunleavy as chief financial officer of enterprise operations. Since 2004, he has been the chief financial officer for USMD predecessor entities and executive vice president and chief financial officer for USMD Holdings since July 2011. Prior to that, Dunleavy served three years as chief financial officer for Baylor Heart and Vascular Hospital, LLP. In addition, Dunleavy was senior director of strategic planning for Sodexho Marriott Services, and provided consulting services to other companies. He also worked at Mariner Post Acute Network as vice president of finance.

Advanced Cannabis Solutions, Inc. (OTC: CANN) has appointed Christopher H. Taylor as Chief Financial Officer. Mr. Taylor’s previous experience includes gaming audit experience with Deloitte & Touche, the management of the Colorado Lottery budget as the Chief Budget Officer, the financial management of Colorado Casino Resorts, Inc., a publicly traded casino company, as CFO, and 12 years of public accounting experience as owner of his own CPA firm.Lars Luedeman

Barton Malow Company announced the promotion of Lars Luedeman to Vice President and Chief Financial Officer. Lars joined Barton Malow in 2012 as Director of Finance & Strategy. Prior to joining Barton Malow, Lars worked for Grant Thornton as Director, Corporate Advisory Services.

STRONG, LLC announced Billy Sanford as the new Vice President/Chief Financial Officer.

Severstal North America announced the appointments of Chief Financial Officer, Olga Petrova, and Deputy Chief Financial Officer, Michael Tuomey. Petrova joins Severstal North America’s executive team from parent company OAO Severstal, where she was the Head of the Business Planning and Controlling Department since 2011. Her previous roles included various high-level financial positions in international offices of Shell Exploration and Production, Schlumberger and PepsiCo. At SNA, Petrova will be responsible for all aspects of financial strategy, planning and reporting, as well as forecasting, budget management and cost benefit analysis. Petrova succeeds Interim CFO Michael Tuomey, who is appointed Deputy Chief Financial Officer. Tuomey has been with Severstal and its predecessor companies for 28 years in various senior-level finance positions, most recently Director, Corporate Accounting and Controlling.

myoscience, inc. announced the addition of Peter Osborne to the team as chief financial officer (CFO). Osborne has over 25 years of experience in high growth public and private companies, most notably with Hansen Medical and VNUS Medical Technologies, and most recently with SentreHEART, Inc.

CFO Moves – week ending September 27, 2013

Rimini Street, Inc. announced that Jack L. Acosta has been appointed to its Board of Directors as an Independent Director and Chairman of the Audit Committee. Acosta currently serves on several technology company boards, with his most recent operational role serving as chief financial officer at Portal Software, Inc. (now part of Oracle). Prior to that, he served as executive vice president and chief financial officer for Sybase, Inc. (now part of SAP). Prior to these roles, Acosta served as vice president, engineering services, integration and business management for Sybase. He also served as president, COO, and a director of Tanon Manufacturing, Inc. Earlier, Acosta held various management positions at Ungermann-Bass, Inc., Atari, Inc., Diablo Systems, Inc., and Ford Motor Company. Brad Hall

Carlson announced that it has elected Brad Hall as chief financial officer (CFO) and treasurer. Hall has been serving as interim CFO since August 2012. Hall has been with Carlson for 12 years, since 1998, and prior to assuming the interim CFO duties, was responsible for the Company’s treasury, strategic planning, investment analysis and risk management activities. Previously, he served in financial planning and analysis, accounting and internal audit roles within Carlson.

Dialogic Inc. (OTC: DLGC) announced the appointment of Robert M. Dennerlein as Executive Vice President, Finance and Chief Financial Officer. Mr. Dennerlein comes to Dialogic after serving as chief financial officer at Raritan, Inc. and earlier as CFO at Globix. Bob also held senior management and finance operations roles with OpNext and Agere Systems.

Sotheby’s (NYSE: BID) announced that William S. Sheridan, Executive Vice President and Chief Financial Officer, is leaving the Company after 17 years of service. Patrick S. McClymont, a partner and managing director at Goldman, Sachs & Co., was named to succeed Mr. Sheridan, effective October 7. Mr. Sheridan was a long-time partner at the accounting and consulting firm Deloitte & Touche LLP prior to coming to Sotheby’s in 1996 as CFO. Mr. Sheridan will remain with Sotheby’s through the end of 2013 to support the CFO transition. Mr. McClymont joins Sotheby’s from Goldman, Sachs & Co., where he has been a partner and managing director in the Investment Banking Division.

Cincinnati Bell Inc. (NYSE: CBB) announced that Leigh R. Fox will succeed Kurt A. Freyberger as the company’s chief financial officer, effective October 1, 2013. Mr. Fox joined Cincinnati Bell in July 2001 and has held multiple finance and accounting roles including network and operations, six sigma process improvement, and product development. Mr. Fox most recently served as the company’s senior vice president of finance before being announced as the company’s chief administrative officer earlier this year. Mr. Fox succeeds Kurt A. Freyberger, who is resigning from the company effective September 30, 2013, to pursue new opportunities.

Hertz Global Holdings, Inc. (NYSE: HTZ) announced that its Senior Executive Vice President and Chief Financial Officer, Elyse Douglas, has decided for personal reasons to step down from her current role, effective October 1, 2013. Ms. Douglas will stay with the company through December 31, 2013, helping the Company complete several strategic projects and assisting in the transition of her responsibilities to her successor. David J. Rosenberg, currently the Chief Financial Officer of Hertz International, Ltd. will serve as the Company’s CFO on an interim basis while internal and external candidates are considered to fill the CFO position. Before assuming his current role as CFO of Hertz International in 2011, he was Controller, Global Reporting, Policies and Procedures for the Company from 2009 – 2011. Prior to that, he held senior financial positions at Ralph Lauren Corporation (Vice President and Corporate Assistant Controller from 2006-2009), Coty, Inc. (Vice President and Corporate Assistant Controller from 2001 -2006) and Nabisco (Director, Financial Planning and Analysis during 2000 – 2001). Mr. Rosenberg started his career at Coopers & Lybrand.

Allconnect, Inc. announced that Michael Picchi has joined the company as Chief Financial Officer. Picchi comes to Allconnect from TPI Composites, where he served as CFO. Prior to TPI Composites, Picchi served as CFO, International President and Board Member at Comverge. He served as Comverge’s CFO during the company’s successful IPO in 2007. Picchi, who began his career in accounting at Coopers & Lybrand, LLP, also worked in finance for publicly traded companies AirGate PCS, Randstad and PRG-Schultz International.

ForeverGreen Worldwide Corporation (OTC: FVRG) announced that they have hired a new CFO, Jack B. Eldridge. Jack was director of finance/international controller for Neways International for 10 years. In addition, Jack has extensive international experience with several large companies, including Novell and Rio Tinto.

Agios Pharmaceuticals, Inc. (NASDAQ: AGIO) announced the addition of Paul J. Clancy, executive vice president and chief financial officer at Biogen Idec, to the company’s board of directors. Mr. Clancy has served as the executive vice president and chief financial officer at Biogen Idec since August 2007. He also served as senior vice president of finance. Prior to the merger of Biogen and Idec, Mr. Clancy was the vice president of portfolio management at Biogen Inc. He joined the company in 2001 as vice president of U.S. marketing. Before Biogen Inc., Mr. Clancy spent 13 years at PepsiCo, serving in a variety of financial and general management positions, including vice president and general manager of their Great West Business Unit.

AFEX announced the appointment of Richard Verasamy as Chief Financial Officer. Before joining AFEX, Richard was the Chief Financial Officer and Chief Risk Officer for Jameson Bank. Prior to this, Richard held various roles with Travelex including CFO of the Americas and subsequently the Global Finance Director for Travelex’s Commercial FX Division.

Accellent Inc., a wholly owned subsidiary of Accellent Holdings Corp., announced the promotion of Jeremy Friedman from Chief Financial Officer to President and Chief Operating Officer for the Cardio & Vascular business. Mr. Friedman will remain an Executive Vice President of Accellent. Prior to joining Accellent in 2007, Mr. Friedman worked at Flextronics where he held a number of senior executive positions including Chief Operating Officer of Flextronics Network Services. With the appointment of Mr. Friedman to his new role Richard Johnson is appointed Interim Chief Financial Officer for Accellent. Mr. Johnson will also serve as the Company’s principal financial officer and principal accounting officer. Mr. Johnson joined Accellent in February 2013 as Vice President, Chief Accounting Officer. Prior to joining Accellent, Mr. Johnson held senior level Accounting and Finance positions at A123 Systems, GT Advanced Technologies and Ocean Spray Cranberries.

Merkle announced the appointment of Jean Holder to executive vice president and chief financial officer. Holder was most recently as the senior vice president of operations at Quintiles. Prior to Quintiles, Holder spent more than 25 years in a variety of financial and operational positions at Accenture.

United Security Bancshares, Inc. (NASDAQ: USBI) announced that First United Security Bank has hired Thomas S. Elley as Executive Vice President, Chief Financial Officer, Treasurer, and Assistant Secretary of FUSB. Mr. Elley will also serve as Vice President, Chief Financial Officer, Principal Accounting Officer, Treasurer, and Assistant Secretary of USBI. Mr. Elley is expected to join the Company on October 15, 2013 and will assume as of that date the duties and responsibilities of Robert D. Steen, the current Executive Vice President, Chief Financial Officer, Treasurer, and Assistant Secretary of FUSB and Vice President, Chief Financial Officer, Principal Accounting Officer, Treasurer, and Assistant Secretary of USBI. Mr. Steen plans to retire on December 31, 2013. Mr. Elley’s most recent position was Vice President, Accounting Policy Manager and Line of Business Controller with Regions Financial Corporation in Birmingham. Prior to joining Regions, he served for more than 10 years as Senior Manager for Deloitte & Touche LLP. Mr. Steen will assist Mr. Elley in the transition of roles and will remain on staff as Executive Vice President of FUSB and Vice President of USBI until his retirement. Mr. Steen has been the Executive Vice President, Chief Financial Officer of FUSB since 1997. He has also served as Vice President, Chief Financial Officer, and Principal Accounting Officer of USBI since 2003. Mr. Steen currently serves as a director of Acceptance Loan Company, Inc. and as secretary of FUSB Reinsurance, Inc. Mr. Steen started his banking career with First Bank and Trust of Grove Hill, Alabama in 1983 as Executive Vice President. First Bank and Trust was merged with and into United Security Bank in 1997.

Pet Supplies Plus announced that Dan Boose has been named Chief Financial Officer, effective immediately. Mr. Boose joins PSP after spending 13 years at The Sports Authority, Inc., where he most recently served as the Senior Vice President for Finance and Accounting and was a member of the senior leadership team. Prior to The Sports Authority, Mr. Boose held financial roles at Brinker International, Rent-A-Center, and Kraft General Foods. Mr. Boose began his career at Deloitte and is a certified public accountant.

Hooper Holmes (NYSE: HH) announced that it has appointed Tom Collins as Chief Financial Officer. Prior to his promotion, Mr. Collins served as the Senior Vice President of Operations for Hooper Holmes’ Portamedic division. From January 2005 until March 2010, Mr. Collins was a Principal and Owner of Preferred Finance Partners (PFP). Prior to joining PFP, Mr. Collins served in various capacities with the accounting and consulting firms Grant Thornton and PricewaterhouseCoopers. Mr. Collins’ appointment follows the resignation of Michael J. Shea, who served as the Company’s Chief Financial Officer since May 2006.

TOMI Environmental Solutions, Inc. (OTC: TOMZ) announced the appointment of Christopher Chipman as Chief Financial Officer. Mr. Chipman has more than fifteen (15) years’ experience in the financial services field and has served as Chief Financial Officer of two companies, one being public.

MedData, Inc. announced the appointment of Stephen Ghiglieri as Chief Financial Officer. Prior to MedData, Stephen served as the executive vice president, chief operating officer and chief financial officer for NeurogesX, Inc., and has served in various financial and corporate secretary leadership roles over the course of his career with Hansen Medical, Inc., Avolent, Inc., Andromedia, Inc., Oacis Healthcare Systems, Inc., Oclassen Pharmaceuticals, Inc. and PricewaterhouseCoopers, LLP.

Einstein Noah Restaurant Group, Inc. (NASDAQ: BAGL) announced the appointment of John Coletta as Chief Financial Officer, effective October 21, 2013. Mr. Coletta will assume the position formerly held by Manny Hilario, who was appointed Chief Operations Officer in July. Mr. Coletta currently holds the position of Chief Financial Officer at Quiznos, where he also served as President of the Food Division. Mr. Coletta’s prior roles include Chief Financial Officer at Real Goods Solar; Chief Financial Officer/President at Cartridge World; and Chief Financial Officer/Chief Administrative Officer at Rock Bottom Restaurants, Inc.

Four Springs Capital Trust (FSCT), a private real estate investment trust, announced that John Warch has joined the company as its Chief Financial Officer. Prior to joining FSCT, Mr. Warch served as the Senior Vice President and Chief Accounting Officer of CapLease, Inc.

Scale Computing announced that Tim Harvey has joined as chief financial officer. Harvey joined the company from Angie’s List, where he was the chief financial officer of the company. Before that, he was vice president of planning at WebEx. He also held senior finance roles at other high-tech companies such as VERITAS and SGI.

SafeStitch Medical, Inc. (OTC: SFES), which recently merged with TransEnterix, Inc., announced that it has appointed Joseph P. Slattery to serve as its Executive Vice President and Chief Financial Officer, effective October 2, 2013. Mr. Slattery most recently served as Executive Vice President and Chief Financial Officer of Baxano Surgical, Inc. Previously, he served as Chief Financial Officer and Senior Vice President of Finance and Information Systems of Digene Corporation. Mr. Slattery currently serves on the board of directors of CVRx, Inc. and Exosome Diagnostics.

Evolv Inc. announced that Steven Love has joined the senior team as chief financial officer. Love was previously chief financial officer at mBlox. Prior to mBlox, Love played instrumental global finance roles at a number of other Silicon Valley companies, including Informatica, Portal Software (acquired by Oracle) and Connetics (acquired by GlaxoSmithKline).

Western Digital Corp. (NASDAQ: WDC) announced that chief financial officer Wolfgang Nickl is resigning effective Nov. 17, 2013 to become chief financial officer at ASML Holding N.V. (ASML) in the Netherlands. Nickl has served as Western Digital’s chief financial officer since August 2010. Prior to that time, Nickl served in other positions within the company’s finance and operations groups. Nickl will continue to direct WDC’s worldwide finance activities until his departure date.

American DG Energy Inc. (NYSE: ADGE) announced that Anthony S. Loumidis has resigned from his position as Chief Financial Officer, Secretary and Treasurer to pursue other professional opportunities. Mr. Loumidis has been the Company’s Chief Financial Officer since 2004 and Secretary and Treasurer since 2001.Charles Divita

Florida Blue announced the appointment of Charles “Chuck” Divita, III as senior vice president and chief financial officer of Florida Blue, effective Jan. 1, 2014. Effective immediately, Divita will become a member of the Florida Blue executive management team and the operating committee. Divita joined Florida Blue in 2011 as chief accounting officer. Prior to joining Florida Blue in 2011, Divita served as the chief financial officer for FPIC Insurance Group, Inc. Divita has also held leadership positions at Employers Mutual, as its President and CEO and Prudential Financial in operations and risk management roles, having begun his career in public accounting at Arthur Andersen, LLP. He serves on the Board of Directors of the Florida Blue Foundation, Availity, LLC, OptaComp Insurance Company, Diversified Service Options and Teach for America. He also serves on the Finance Committee of the Florida Chamber of Commerce. Divita replaces Chris Doerr, executive vice president and chief financial officer, who will be retiring at the end of the year after serving Florida Blue more than 18 years.

Meta Financial Group, Inc. (NASDAQ: CASH) announced the appointment of Glen Herrick as Chief Financial Officer. Glen Herrick, currently Senior Vice President of Finance and Investment Management has been promoted to Executive Vice President and Chief Financial Officer. Mr. Herrick joined the Company earlier this year following 19 years of various finance, accounting and risk management roles at Wells Fargo, including serving as CFO of Wells Fargo’s student loan division. Mr. Herrick replaces Dave Leedom, who will remain with the Company in a part-time role.

Sparta Systems, Inc. announced that it has appointed Steven Ford as Chief Financial Officer. Prior to his role at Sparta Systems, Ford was CFO at TradeCard. Previous to TradeCard, Ford was the Executive Vice President and CFO for Innodata Isogen. Ford also has held leadership positions at Kroll and Equifax.

Zetta.net announced that Kevin J. Laughlin has joined the company as chief financial officer (CFO). Laughlin joins Zetta.net from Sensa Products, where he was CFO. Prior to his position at Sensa, Laughlin held CFO positions with All Covered, and International Network Services. Laughlin has also served as corporate controller at Electronics for Imaging, Inc.

AV Homes, Inc. (NASDAQ: AVHI) announced that Michael S. Burnett has been appointed to the Company’s new position of Executive Vice President and Chief Financial Officer. Mr. Burnett currently serves as Group Vice President, Finance, Treasury and Investor Relations for JDA Software Group, Inc. Previously, he served as Chief Financial Officer for American Traffic Solutions, Inc. He also served as Senior Vice President and Treasurer, and held various financial roles for Allied Waste Industries, Inc. Mr. Burnett began his career as a certified public accountant with Arthur Andersen LLP.

Knoll, Inc. (NYSE:KNL) named Craig B. Spray its new Senior Vice President and Chief Financial Officer. Mr. Spray succeeds Barry McCabe who in April 2013 announced his desire to retire after twenty-two years at Knoll. Mr. McCabe will remain with the Company as Executive Vice President to assist with a transition period ending no later than February 28, 2014. Prior to joining Knoll, Mr. Spray served as Executive Vice President and Chief Financial Officer of MasterBrand Cabinets, Inc., subsidiary of Fortune Brands Home & Security, Inc. Prior to joining Fortune Brands, Mr. Spray held various finance positions at Ford Motor Company; he has also served in Europe and the United States as a U.S. Navy project engineer.

24/7 Mid-Atlantic Network, LLC announced that it has appointed Ron Kolson as Chief Executive Officer. Kolson initially joined 24/7 in October 2012 as Chief Financial Officer and Vice President of Administration.

Cubist Pharmaceuticals, Inc. (NASDAQ: CBST) announced the appointment of Kenneth J. Martin to its Board of Directors. Mr. Martin served as the Chief Financial Officer and Vice Chairman of Wyeth (formerly American Home Products) from 2000 to 2007, before retiring in 2007. Mr. Martin joined American Home Products in 1984 and held the positions of Senior Vice President of Finance, Executive Vice President and President for American Home Food Products. He also served in a variety of senior roles for Whitehall-Robins Healthcare, and became the Company’s President in 1997. In 1998 he was named Senior Vice President and Chief Financial Officer of Wyeth-Ayerst Pharmaceuticals, and in 2000 he was named Wyeth’s Senior Vice President and Chief Financial Officer. Since 2007, Mr. Martin has served as a member of the Board of Directors of WABCO Holdings, Inc. He previously served as a member of the board of directors of Talecris Biotherapeutics Holdings Corp from 2007 to 2011.

SMT announced that the company has named Steve Thompson as its chief financial officer. Prior to joining SMT, Thompson served for 10 years as CFO of Noel Group, LLC. Additionally, he has held CFO positions with several other companies in the software and contract manufacturing industries and in public accounting.

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

Mardi 8 Octobre 2013
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