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

USA | CFO Moves – week ending September 8, 2017

Tracking CFO Movement Across Canada.


Kraft Heinz [PITTSBURGH & CHICAGO] (NASDAQ: KHC) announced the appointment of Paulo Basilio, currently Executive Vice President and Chief Financial Officer, as Zone President of the United States business, and David Knopf, currently Vice President and Category Head of the Planters business, as Executive Vice President and Chief Financial Officer. Mr. Knopf joined Kraft Heinz in July 2015, initially serving as Vice President of Finance, Head of Global Budget & Business Planning, Zero-Based Budgeting, and Financial & Strategic Planning. Prior to that, Mr. Knopf held various roles at 3G Capital from 2013 to 2015. Previously, he held positions at Onex Partners and Goldman Sachs. Mr. Knopf has been a partner of 3G Capital since 2015.

U.S. Concrete, Inc. [EULESS, Texas] (NASDAQ: USCR) announced that it has hired financial executive John E. Kunz to join the executive team as Senior Vice President and Chief Financial Officer. Mr. Kunz was most recently the Vice President, Corporate Controller and Principal Accounting Officer of Tenneco, Inc. Previously, he was the company’s Vice President, Treasurer and Tax. He also held positions in the finance departments at Great Lakes Chemical Corporation, Weirton Steel Corporation and KPMG LLP.

Abercrombie & Fitch Co. [NEW ALBANY, Ohio] (NYSE: ANF) announced the appointment of Scott D. Lipesky as senior vice president and chief financial officer, effective October 2, 2017. Lipesky will report to Abercrombie & Fitch Co.’s Executive Vice President and Chief Operating Officer, Joanne C. Crevoiserat, who continued to serve as CFO after her promotion to COO effective February 1, 2017. Lipesky joins the company from American Signature Inc., a privately-held home furnishings company, where he was CFO. He began his career at PricewaterhouseCoopers, where he qualified as a CPA. His experience includes roles as corporate finance director with FTI Consulting, a global financial services advisory firm, director of corporate business development with The Goodyear Tire & Rubber Company, and nine years with Abercrombie & Fitch Co., in a variety of finance roles, including CFO of the company’s Hollister brand.

Vertex Pharmaceuticals Incorporated [BOSTON] (NASDAQ: VRTX) announced the appointment of Tom Graney to the role of Senior Vice President and Chief Financial Officer (CFO). Mr. Graney most recently served as CFO and Senior Vice President of Finance and Corporate Strategy at Ironwood Pharmaceuticals. Prior to joining Ironwood in 2014, he worked at Johnson & Johnson for approximately 20 years in both the U.S. and abroad, most recently serving as Worldwide VP of Finance and CFO for Ethicon Surgical Care.

Unifi, Inc. [GREENSBORO, N.C.] (NYSE: UFI) announced the appointment of Jeffrey C. Ackerman as executive vice president and chief financial officer. Ackerman has served in executive roles for The Fresh Market, Sealy Corporation, Dade Behring, and PepsiCo’s Frito-Lay.

PATTERSON-UTI ENERGY, INC. [HOUSTON] (NASDAQ: PTEN) announced that C. Andrew Smith, will join Patterson-UTI as Chief Financial Officer. Mr. Smith most recently served as Executive Vice President and Chief Financial Officer of Kirby Corporation from January 2014 to September 2017. He also previously held executive financial leadership roles with Natco Group, Global Industries and Benthic Geotech. Mr. Smith began his accounting career with PwC and is a Certified Public Accountant in the State of Texas.

Paylocity Holding Corporation [ARLINGTON HEIGHTS, Ill.] (NASDAQ: PCTY) announced that Toby Williams has joined Paylocity as Chief Financial Officer. Williams most recently served as Chief Product and Strategy Officer at Ellucian. Prior to joining Ellucian in 2011, Williams was Director of Corporate Development at Paychex, from 2006 to 2011. Prior to Paychex, Williams worked in investment banking at Citigroup and as a corporate attorney.

Compass Datacenters [DALLAS] has named Jared Day as President and Chief Financial Officer (CFO). Day joins Compass Datacenters from Armor Defense, Inc., where he was President and previously served as CFO and COO.

Thycotic [WASHINGTON] announced Nick Margarites as its new chief financial officer. Margarites previously served as CFO of Metalogix. Margarites previously spent 11 years at Sourcefire, holding vice president of finance and chief accounting officer positions.

Ironwood Pharmaceuticals, Inc. [CAMBRIDGE, Mass.] (NASDAQ: IRWD) announced that Tom Graney, chief financial officer (CFO) and senior vice president, finance and corporate strategy will leave the company. Gina Consylman, Ironwood’s vice president of finance and chief accounting officer, will serve as the company’s interim chief financial officer.

OpenLegacy [RESTON, VA] announced the appointment of Chief Financial Officer Ron Rabinowitz. During his 15 year career at Procter and Gamble (P&G), Ron gained experience in various local, regional, and global management roles. OpenLegacy will benefit from his leadership as the CEO of a P&G company.

Soleno Therapeutics, Inc. [REDWOOD CITY, Calif.] (NASDAQ: SLNO) announced that David O’Toole, the Company’s Chief Financial Officer (CFO), will transition from Soleno in mid-September to pursue other opportunities. Soleno has appointed Jonathan R. Wolter, as interim Chief Financial Officer. Mr. Wolter is a principal of FLG Partners. He has been a partner at FLG Partners since August 2004. Prior to joining FLG, Mr. Wolter served as Chief Financial Officer of KPMG Consulting, Latin America, and International Controller with KPMG Consulting, and has held senior financial management positions with several companies, including Exponent and First Republic Bancorp.

Green Plains Inc. [OMAHA, Neb.] (NASDAQ: GPRE) announced that Jerry Peters will retire as chief financial officer from Green Plains and Green Plains Partners LP. John Neppl has been named to succeed Mr. Peters upon his retirement. Mr. Peters will continue to be a member of the board of directors of Green Plains Holdings LLC. John most recently served as chief financial officer of The Gavilon Group, LLC. Previously, Neppl held senior financial management positions at ConAgra Foods, Inc., including senior financial officer of ConAgra Trade Group and Commercial Products division as well as assistant corporate controller. Prior to ConAgra, Neppl was corporate controller at Guarantee Life Companies. He began his career as an auditor with Deloitte & Touche.

Hospitality Staffing Solutions [ATLANTA] announced the appointment of Vincent J. Lombardo as Chief Financial Officer. Since 2011, he served as CFO of two staffing companies, SNI Companies and MDT Personnel, LLC. Prior to that he was CFO at TRAKAmerica, Capstone Tropical Holdings, Inc., and Ablest, Inc. He also served in executive financial positions with Fleetpride Inc., General Binding Corporation, and Interlake Material Handling, Inc.

On The Border Mexican Grill & Cantina® [DALLAS] announced the addition of Tom Pennison as the company’s new Chief Financial Officer. Prior to joining On The Border, Pennison served as CFO for both Del Frisco’s Restaurant Group as well as Ruth’s Hospitality Group.

Zagster [CAMBRIDGE, Mass.] announced the hiring of Nicholas Malone as Chief Financial Officer. Malone most recently served as Chief Administrative Officer and Treasurer of Wayfair. He was also Wayfair’s CFO for more than 8 years, and in 2013, the Boston Business Journal honored Nick with its CFO of the Year Award.

Opiant Pharmaceuticals, Inc. [SANTA MONICA, Calif.] (NASDAQ: OPNT) announced the appointment of David O’Toole as Opiant’s Chief Financial Officer. Mr. O’Toole, most recently served as CFO at Soleno Therapeutics, Inc. Mr. O’Toole will succeed Kevin Pollack, Opiant’s outgoing Chief Financial Officer. Prior to Soleno Therapeutics, Inc., Mr. O’Toole served as CFO at Codexis, Inc. from 2012 to 2014 and Response Genetics, Inc. from 2010 to 2012. Prior to that, from 2008 to 2009, Mr. O’Toole served as CFO at Abraxis BioScience, Inc. Prior to his CFO experience, Mr. O’Toole spent 24 years in public accounting, including 16 years with the accounting firm of Deloitte & Touche LLP (12 years as a partner), and began his career with eight years at the accounting firm of Arthur Andersen.

Eccrine Systems, Inc. [CINCINNATI] announced that Rick Egan has transitioned from CFO to President & COO. Mr. Egan will continue to manage the company’s financial area until a new CFO has been recruited.

Forterra, Inc. [IRVING, Texas] (NASDAQ: FRTA) announced the appointment of Charlie Brown as Executive Vice President and Chief Financial Officer. He will succeed Matt Brown, who has resigned from the Company. Charlie Brown previously served as Chief Financial Officer of Oldcastle Materials Company. Mr. Brown joined Oldcastle Materials as Vice President of Finance in 2003 and was promoted to Senior Vice President of Finance in 2007 and Chief Financial Officer in 2008. Prior to Oldcastle Materials, he held various finance and senior management roles of increasing responsibility at Vulcan Materials from 1996 to 2003 and at PPG Industries from 1990 to 1996.

Revenue Analytics [ATLANTA] announced that Tom Savini has joined the company as Chief Financial Officer. Prior to joining Revenue Analytics, Savini served in executive leadership roles in the Atlanta technology community. Most recently, he was the CFO for Damballa, Inc. Prior to Damballa, Tom was CFO for AirDefense, Inc. Before AirDefense, Tom served in operational and financial leadership roles at Movaz Networks, Inc. Earlier in his career, Savini held positions at corporate and investment banking institutions.

Lakeview Health [JACKSONVILLE, FL] announce George Merhi has joined the organization as its chief financial officer. Merhi has held several key executive positions in the industries of healthcare, retail and franchise finance and contract food and beverage. He most recently served as chief financial officer for a company providing outpatient physical therapy.

Hope Bancorp, Inc. [LOS ANGELES] (NASDAQ: HOPE) announced the planned retirement of Douglas J. Goddard, Executive Vice President and Chief Financial Officer of the Company. Alex Ko, currently Executive Vice President and Chief Financial Officer of the Bank, will assume the same position at the Company following Goddard’s retirement. Alex Ko was named Executive Vice President and Chief Financial Officer of Bank of Hope in May, 2017. Formerly, he served as Executive Vice President, Chief Financial Strategist and Deputy Chief Financial Officer of Bank of Hope. Previously, he served as Executive Vice President and Chief Financial Officer of Wilshire Bancorp, Inc. and Wilshire Bank from April 2010 through July 2016, after having joined Wilshire in April 2008 as Senior Vice President and Chief Financial Officer.

Eos Energy Storage [NEW YORK] announced that David Henry joins as Chief Financial Officer. Henry previously served as Executive Vice President, CFO and Treasurer of American Superconductor Corporation. He has also held finance roles at AMI Superconductor and Fairchild Semiconductor Corporation.

LKQ Corporation [CHICAGO] (NASDAQ: LKQ) has appointed Varun Laroyia as Executive Vice President and Chief Financial Officer. Mr. Laroyia has been the Chief Financial Officer of CBRE’s Global Workplace Solutions (GWS) business since 2015, following CBRE’s acquisition of the GWS business from Johnson Controls Inc. (“JCI”), where he was the Chief Financial Officer and Vice President of Information Technology since 2013. From 2006 to 2013, Mr. Laroyia held various positions at JCI including Group Vice President of Global Audit and Vice President of Finance and Administration for its Building Efficiency business across Europe and Africa. From 2000 to 2006, Mr. Laroyia held various positions at Gateway, Inc., including Vice President and Controller based in the U.S. and Finance Director for the United Kingdom and Ireland. Prior to Gateway, he was with General Electric in the U.S. and then GE Capital in London where he served as a Manager of European Corporate Development. Mr. Laroyia started his career at KPMG in London.

Bravo Brio Restaurant Group, Inc. [COLUMBUS, Ohio] (NASDAQ: BBRG) announced that James J. O’Connor, the Company’s Executive Vice President, Chief Financial Officer, Treasurer and Secretary, has resigned from his position.

Pfenex Inc. [SAN DIEGO] (NYSE MKT: PFNX) announced that Dr. Paul Wagner, Chief Financial Officer, is leaving the Company effective October 13, 2017 to assume another position in industry.

Learning Care Group, Inc. [Novi, Mich.] announced that Douglas R. Baker is joining the organization as Chief Financial Officer, effective Sept. 29, 2017. Baker succeeds Mark Bierley, who held the CFO role since May 2012 and maintained interim CFO responsibilities after being named President and Chief Operating Officer at the beginning of the company’s 2017 fiscal year. Previously, Baker served as Executive Vice President, Chief Operating Officer and Chief Financial Officer at Discovery Networks International (DNI), a division of Discovery Communications. He joined Discovery Communications in 2005 as Senior Vice President and CFO for Discovery Commerce. He went on to serve as Senior Vice President and CFO for Emerging Networks, New Media and Business Development and as Executive Vice President and CFO for DNI before assuming his most recent role. Prior to that, Baker served in a variety of financial, operating and strategic leadership roles within Hallmark Cards and The Picture People, a strategic retail venture of Hallmark.

Jensyn Acquisition Corp. [FREEHOLD, N.J.] (NASDAQ: JSYN) announced that it has appointed James D. (JD) Gardner as its Treasurer and Chief Financial Officer. Mr. Gardner replaces Rebecca Irish, who resigned her positions as Treasurer, Chief Financial Officer and Director of the Company. Recently Mr. Gardner served as a managing partner in a venture capital fund as its financial officer, and served as CEO or CFO of several public and private companies in the wireless data, web-based services, broadband switched Ethernet and security (video surveillance) industries.

Cota, Inc. [NEW YORK] announced that Thomas L. Gallucci has joined as Chief Financial Officer. Most recently, Gallucci was a Managing Director at Cain Brothers where he focused on strategic advisory and M&A services within the healthcare sector. Prior to Cain Brothers, Gallucci spent the bulk of his career at Merrill Lynch and Lazard Capital Markets as an equity research analyst focused on healthcare services. He started in healthcare equity research in 1995 at Credit Suisse First Boston and was with Bear Stearns from 1996 to 1999. Prior to that, he worked at Ernst & Young.

VideoAmp [SANTA MONICA, CA] announced the appointment of Tom Schmitt as the company’s Chief Financial Officer. Prior to VideoAmp, Schmitt served as COO and CFO at FreeWheel.TV. Prior to FreeWheel.TV, Schmitt was a VP of Finance, Products & Technology at Salesforce.


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

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