CFO Moves this week include: RecoverCare, Coeur d’Alene Mines, Miller Energy Resources, Xcel Energy, CardioDx, Mesa Energy Holdings, DataDirect Networks, Tii Network Technologies, Lyris, MGM, Pragmatics, DCT Industrial Trust, MedCath Corporation, K Road Power, Express Inc., Vasomedical, Greeley and Hansen, Spine Pain Management, Simpson Manufacturing Co., The Hershey Company, Eastern Virginia Bankshares, Swipely, Altair Nanotechnologies, Mattson Technology, DDi Corp., Dunkin’ Brands Group, Mechanical Technology, XO Communications
RecoverCare LLC announced the appointments of Kevin S. Boyle Sr. as Chief Financial Officer (CFO). Prior to joining RecoverCare, Boyle was CFO for SPT Inc. Previously, he held senior management positions at American Commercial Lines, Great Lakes Transportation and Seabulk International.
Coeur d’Alene Mines Corporation (NYSE: CDE) announced the appointment of Frank L. Hanagarne Jr., as its new Chief Financial Officer and Senior Vice President. Mr. Hanagarne was most recently Chief Operating Officer of Valcambi, SA, a precious metal refiner in Switzerland, in which Newmont Mining Corporation has an equity interest. Prior to his appointment as operations head of Valcambi in early 2011, Mr. Hanagarne was a Director of Corporate Development for Newmont.
Miller Energy Resources (NYSE: MILL) announced that Dave Voyticky, Miller’s President, will take on the additional responsibilities as acting CFO.
Xcel Energy (NYSE: XEL) has named Teresa S. Madden senior vice president and chief financial officer. Formerly vice president and controller, Madden has held a variety of positions with Xcel Energy and its predecessor company, Public Service Co. of Colorado. Madden succeeds David M. Sparby, who now holds the position of senior vice president and group president, with responsibility for the four operating companies that comprise Xcel Energy: Northern States Power Co.-Minnesota, NSP-Wisconsin, Public Service Co. of Colorado; and Southwestern Public Service Co. Jeff Savage, formerly senior director, Financial Reporting, Corporate and Technical Accounting, replaces Madden as vice president and controller.
CardioDx announced the hire of Andrew L. Guggenhime as the company’s chief financial officer. Mr. Guggenhime has more than 10 years of CFO experience, including nine years as a public company CFO. Most recently he served as CFO for Calistoga Pharmaceuticals, Inc., a privately held biotechnology company acquired in April 2011 by Gilead Sciences. Prior to Calistoga, Guggenhime served as senior vice president and chief financial officer for Facet Biotech Corporation, a publicly held company acquired by Abbott Laboratories in April 2010, and CFO for publicly held PDL BioPharma, Inc., a biopharmaceutical company, and Neoforma, Inc., a provider of supply chain management solutions for the health care industry.
DataDirect Networks (DDN) announced the appointment of Christopher O’Meara as Chief Financial Officer. O’Meara joins DDN with more than 20 years of experience leading both public and private high-growth companies in the software and technology industries. O’Meara previously served as CFO of several organizations, including Tibco Software, Adaptec Inc., and Siperian Inc. Earlier in his career, O’Meara was Vice President and Treasurer of Adaptec.
Tii Network Technologies, Inc. (UTD: TIII) announced the appointment of Stacey L. Moran as Vice President – Finance, Chief Financial Officer, Secretary and Treasurer. Most recently, Ms. Moran served as Executive Vice President and Chief Financial Officer of Suffolk County National Bank where she also held various financial and accounting positions. Prior thereto, Ms. Moran served as Corporate Controller at Excel Technology, Inc., a designer, developer, and manufacturer of lasers used in scientific and industrial applications.
MGM appointed Dene B. Stratton to the post of Chief Financial Officer. Stratton most recently served as CFO for internet start-up, TRC Media (Ireland) Limited. Stratton spent nearly two decades at the Walt Disney Company, most recently serving as Chief Financial Officer, Jetix Europe. He held several posts during his tenure at the Company including Senior Vice President, Planning and Control for ABC; Senior Vice President and General Manager for DIC Entertainment; Vice President, Business Development for Walt Disney Television International in Asia Pacific; and Vice President, Finance, European Controller, Walt Disney Studios Europe, among others.
Pragmatics announced the appointment of Steven Bracci as Chief Financial Officer (CFO). Bracci served as the Chief Financial Officer and Treasurer for Nortel Government Solutions, Inc., which was acquired by Avaya, Inc., in 2009. Bracci was most recently Executive Vice President of Finance and Assistant Treasurer of Avaya Government Solutions Inc.
DCT Industrial Trust Inc. (NYSE: DCT) announced the appointment of Matthew T. Murphy as Chief Financial Officer. Matt previously served as the Company’s Executive Vice President and Treasurer, and has been with DCT Industrial or an affiliate since 2003. Prior to joining the Company, he worked for Pritzker Residential, LLC, where he served as Vice President and Controller. Before this, Matt served in various positions with Security Capital Group and its affiliates, including Archstone Smith Trust and ProLogis.
MedCath Corporation (NASDAQ: MDTH) announced that Art Parker will become Chief Executive Officer after serving as Chief Financial Officer, and MedCath Controller Lora Ramsey will become the new Chief Financial Officer. Parker joined MedCath in 2001 after serving in various positions with Bank of America, and he became Executive Vice President and CFO in 2009. Ramsey has served as served as MedCath’s Vice President – Controller since 2006.
K Road Power (“K Road”) announced that Carl Weatherley-White, Managing Director and Global Head of Energy Structured Finance at Barclays Capital, is joining the company’s as Chief Financial Officer. Prior to Barclays, Mr. Weatherley-White was Managing Director and Global Head of Project Finance at Lehman Brothers, which he joined in 2005 from Credit Suisse.
Express, Inc. (NYSE: EXPR) announced that it has promoted Matthew C. Moellering to the position of Chief Operating Officer and appointed D. Paul Dascoli as Chief Financial Officer. Moellering was previously Chief Administration Officer & Chief Financial Officer. Prior to Moellering’s role as Chief Administration Officer & Chief Financial Officer, he held a number of senior finance positions including Chief Financial Officer since he joined Express in 2006. Before joining Express, he served in various financial positions with Limited Brands and Procter & Gamble. Dascoli’s extensive experience includes close to 30 years in a series of financial leadership positions with VF Corporation, Thomasville Furniture Industries, Revlon and PepsiCo. He most recently served as Chief Financial Officer for VF Jeanswear Limited Partnership. He also serves on the board of Stanley Furniture Company, Inc and is the Chairman of their Audit Committee.
Vasomedical, Inc. appointed Michael J. Beecher, as its Chief Financial Officer. Jonathan P. Newton, our previous Chief Financial Officer, will now assume the role of Vice President of Finance and Controller. Prior to joining Vasomedical, Mr. Beecher was Chief Financial Officer of Direct Insite Corp. Prior to his position at Direct Insite, Mr. Beecher was Chief Financial Officer and Treasurer of FiberCore, Inc. From 1989 to 1995 he was Vice-President Administration and Finance at the University of Bridgeport.
Greeley and Hansen announced that Theresa Grace has joined the firm as Executive Vice President & Chief Financial Officer (CFO). Grace most recently served as Vice President of Internal Audit at Heidrick & Struggles International. Prior to that, she was Chief Financial Officer of Gardner, Carton & Douglas, a private law firm with over 800 employees, where she managed all financial operations of the firm.
Spine Pain Management, Inc. (OTCBB: SPIN) announced that John Bergeron, who has held the position of Director and Chairman of the Audit Committee, will now assume a more active role in the company by filling its newly formed Chief Financial Officer position. Mr. Bergeron has been a Director of SPIN since July 2010. He currently serves as President of Jolpeg Inc., worked as Controller of Christian Brothers Automotive Corporation and served as Divisional Controller of Able Manufacturing, a division of NCI Group, Inc. Prior to that, Mr. Bergeron worked as controller and accounting manager of various Internet Companies and private firms.
Simpson Manufacturing Co., Inc. (NYSE: SSD) announced that Karen Colonias will assume the role as President and CEO of Simpson Manufacturing Co., Inc. Colonias most recently held the position of CFO.
The Hershey Company (NYSE: HSY) announced that Bert Alfonso has been named Executive Vice President, Chief Financial Officer and Chief Administrative Officer. Alfonso, who joined Hershey in 2006, was named Senior Vice President, Chief Financial Officer, in 2007.
Eastern Virginia Bankshares, Inc. (NASDAQ: EVBS) and its wholly-owned subsidiary EVB (the “Bank”), announced that after receiving approval from federal and state banking authorities J. Adam Sothen has been appointed Chief Financial Officer and principal accounting officer of the Company and Executive Vice President and Chief Financial Officer of the Bank. Mr. Sothen will succeed Douglas C. Haskett, II who resigned. Mr. Sothen has served as Vice President and Corporate Controller since joining the Bank in 2010, and will continue to serve as Corporate Controller. From 2004 to 2010, Mr. Sothen served as Vice President and Controller for Bank of the Commonwealth in Norfolk, Virginia.
Swipely announced that it has appointed Joe Pignato as Chief Financial Officer. Prior to joining Swipely, he served in a variety of senior financial and operational positions including Chief Financial Officer at a NASDAQ-listed company and in leadership roles at venture capital funds with over $3B under management including Prism Ventures and Charles River Ventures.
Altair Nanotechnologies Inc. (NASDAQ: ALTI) announced that Stephen B. Huang had been appointed Vice President and Chief Financial Officer, replacing John Fallini. Huang is a seasoned financial executive with 18 years of experience with U.S. companies, ranging from controller to CFO.
Mattson Technology, Inc. (NASDAQ: MTSN) announced that the board of directors has appointed J. Michael Dodson as executive vice president and chief financial officer (CFO), replacing Andrew Moring who will remain with the company through the end of 2011. Dodson served as senior vice president (SVP) and CFO of DDi Corp. from 2010 until joining Mattson Technology. From 2006 to 2009, he was SVP and CFO of eTelecare Global Solutions, Inc. Dodson earlier served as SVP/CFO for Electro Scientific Industries, Inc., and Speedfam-IPEC, Inc. and as vice president and chief accounting officer (CAO) for Novellus Systems, Inc.
DDi Corp. (NASDAQ: DDIC) announced that J. Michael Dodson has resigned as Senior Vice President and Chief Financial Officer of the Company. Wayne Slomsky, currently DDi’s Vice President and Chief Accounting Officer, has been appointed as Interim Chief Financial Officer and will assume Mr. Dodson’s responsibilities.
Dunkin’ Brands Group, Inc. (NASDAQ: DNKN), the parent company of Dunkin’ Donuts and Baskin-Robbins, announced that following the departure of Neal Yanofsky, Dunkin’ Brands International President, Neil Moses, Dunkin’ Brands Chief Financial Officer, will assume responsibility for Baskin-Robbins International.
Mechanical Technology, Incorporated (OTC: MKTY) announced the appointment of Rick Jones as its Chief Financial Officer. Since joining MTI in 1993, Mr. Jones has served in a number of senior positions throughout the organization including Vice-President of Finance of Operations and, since June 2009, Corporate Secretary and Acting Chief Financial Officer. Prior to his employment with MTI, Mr. Jones served as Controller for both Hobbs Management Corporation and Galesi Management Corporation.
XO Communications announced that it has appointed Laura W. Thomas, XO’s Chief Financial Officer, to lead the company as interim Chief Executive Officer. Ms. Thomas will also retain responsibility for the company’s financial leadership as chief financial officer at this time. Ms. Thomas is an industry veteran, having served as XO’s CFO since June 2009; prior to that she was the company’s vice president of finance from 2000 through 2009. Before joining XO, Laura held executive positions in finance with Concert Communications and MCI.
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