CFO Moves this week include: Augme Technologies, Artificial Lift Company, Cannella Response Television, Rex Energy Corporation, The Navigators Group, AEL Financial, Midwest Energy Emissions, GreenRoad, Mitek Systems, Hanmi Bank, Keane, Ikaria, Ramtron International, Zale, Hart Energy, Infor, Cumberland Pharmaceuticals, Saratoga Resources, Accuride, Bulk TV & Internet, Surgical Care Affiliates, Ralcorp Holdings, ASD, Phillips Plastics, MPG Office Trust
Augme Technologies, Inc. (OTCBB: AUGT) announced that Ed Jordan has resigned his position as Chief Financial Officer of the Company to pursue other opportunities. The Company has appointed Tom Virgin, Chief Financial Officer of recently acquired Hipcricket, as his successor. Mr. Virgin’s most recent position, before joining Hipcricket, was as Executive Vice President and CFO for Talyst Inc. Immediately before joining Talyst, Tom was CFO and Vice President of Finance and Administration at WizKids. Tom joined the company in 2001, and in 2003 he had a major role in directing its sale to the Topps Co. Mr. Virgin spent more than 16 years (1983 to 1999) at Seafirst Bank (now Bank of America), where he was Senior Vice President and Controller. From there, he stepped into his first CFO role at T&W Financial Services Corporation, a commercial leasing company (1999 to early 2000). He subsequently served as interim CFO for two software companies, ThinkShare (in 2000) and Versidata Systems (2000 – 2001).
Artificial Lift Company (ALC) has appointed Andrew Puhala as vice president and CFO. Prior to his appointment at ALC, Puhala worked at Baker Hughes Inc. for 15 years serving in different roles in the United States, London and Dubai. Most recently, he served as vice president of finance for Corporate Development, based in Houston.
Cannella Response Television announced that Michael Gart has joined the company as chief financial officer.
Gart will succeed Guy Theune, who will retire at the end of the year. Gart joins Cannella from Tribune Media Services, where he served as CFO and senior vice president of finance since 2004.
Rex Energy Corporation (NASDAQ: REXX) announced the promotion of Thomas C. Stabley to Chief Executive Officer (CEO) from Chief Financial Officer. Thomas Stabley was a co-founder of Rex Energy in 2004 as CFO and made significant contributions to its initial public offering in 2007. Prior to his career at Rex Energy, Mr. Stabley was Vice President of Accounting for Shaner Hotels where he worked with Rex Energy’s Chairman, Mr. Lance T. Shaner.
The Navigators Group, Inc. (NASDAQ: NAVG) announced the retirement of Francis W. McDonnell as Senior Vice President & Chief Financial Officer effective as of October 31, 2011. Ciro DeFalco, the Company’s Senior Vice President, Finance, will serve as the Company’s interim Chief Financial Officer.
AEL Financial announced the addition of executive Ed Pacewicz as new Chief Financial Officer. Pacewicz is a former executive of Comdisco, Inc. His key positions included Senior Vice President and Treasurer, Vice President of Finance, and International Controller. His most recent executive role was as CFO at BFG Technologies, Inc., a high technology distribution company.
Midwest Energy Emissions Corp. has appointed Rich Gross as Chief Financial Officer. Prior to his position with S&G Manufacturing Group, Mr. Gross held the position of Associate Vice President of Business Development at JMAC, Inc., as well as the role of Controller for the Columbus Blue Jackets during its transition from a developmental stage enterprise into a full member of the National Hockey League.
GreenRoad announced the appointment of Bill Wathen joins as chief financial officer. Over the past several years, Wathen has worked as consulting chief financial officer for start-ups including Azul Systems, Membase, (now Couchbase), RemarQ Communities, Allegis, and Instill (now iTradeNetwork). Previously, Wathen was the CFO of Shasta Networks until it was sold to Nortel Networks for $340M. Earlier in his career, Wathen was the director of finance for the Applications Product Group of Lotus Development, which he joined upon Lotus’ acquisition of Approach Software in 1993, where he was vice president of finance and operations. Prior to Approach, he held various financial management positions at Claris Corporation, NeXT, and Apple.
Mitek Systems, Inc. (NASDAQ: MITK) announced that Russell C. Clark has been appointed Chief Financial Officer. Most recently, Clark served as Senior Vice President, Finance at Epicor Software, a leading global provider of enterprise business software solutions for midmarket-sized companies. He also provided financial leadership for a successful turnaround as Chief Accounting Officer at Peregrine Systems, and served as Vice President Finance at FICO (formerly Fair Isaac Corporation), and as Senior Vice President, Finance at HNC Software.
Hanmi Financial Corporation (NASDAQ: HAFC), the holding company for Hanmi Bank, announced that Lonny D. Robinson has joined its executive management team as Interim Chief Financial Officer of Hanmi Financial Corporation and Hanmi Bank. Mr. Robinson will serve as Interim Chief Financial Officer pending final bank regulatory approval. Mr. Robinson succeeds Brian Cho, who is retiring as Executive Vice President and Chief Financial Officer. Mr. Cho’s retirement is unrelated to the financial condition or financial reporting of Hanmi or the Bank. Mr. Robinson has previously served as chief financial officer for a number of community banks throughout the United States, most notably as CFO for Center Financial for three years.
Keane announced that financial veteran Thomas P. Hess has been named Executive Vice President and Chief Financial Officer. Prior to joining Keane, Hess spent eight years in the pharmaceutical industry, most recently as the Senior Vice President of Finance and Chief Financial Officer at Yaupon Therapeutics, Inc., a privately held, specialty pharmaceutical company based in Philadelphia, Pa. Before joining the pharmaceutical industry, Hess served as a Controller for an international avionics supplier and a manufacturer of semiconductor assembly equipment.
Ikaria, Inc. announced that Tasos G. Konidaris has joined the Company as Senior Vice President and Chief Financial Officer (CFO). Mr. Konidaris succeeds Craig Tooman, who left the Company in early 2011 to pursue other interests. Mr. Konidaris has over 20 years of global financial and operational experience, most recently with Dun & Bradstreet (D&B) Corporation, where he was Senior Vice President and CFO since 2007. Prior to joining D&B, Tasos served as Group Vice President at Schering Plough Corporation, which was acquired by Merck & Co. in 2010. He was also Vice President and CFO of North America and Global Business Management at Pharmacia Corporation in 2003, where he played a significant role in the integration of the global pharmaceutical groups of Pharmacia and Pfizer Inc.
Ramtron International Corporation (NASDAQ: RMTR) announced that Mark R. Kent resigned from his position as chief financial officer to pursue other opportunities. The Company has named Gery E. Richards, Ramtron’s controller, to serve as interim chief financial officer.
Zale Corporation (NYSE: ZLC) announced that Thomas A. Haubenstricker has been named Senior Vice President, Chief Financial Officer of the Company. Mr. Haubenstricker joins Zale from Turnberry Advisors where he served as a Managing Director since January 2010. Prior to that, Mr. Haubenstricker spent 24 years at Electronic Data Systems (EDS, later acquired by Hewlett-Packard) in various finance and strategy leadership roles including Co-Chief Financial Officer, Vice President and Chief Financial Officer, EMEA Region, and Vice President, Finance for the combined Hewlett-Packard and EDS Business Services Group.
Hart Energy promoted Senior Vice President and Chief Financial Officer Kevin Higgins to President and Chief Operating Officer. Kevin Higgins joined Hart Energy as Chief Financial Officer during the 2004 buyout from Chemical Week, where he had served as CFO since 1992.
Infor named Kevin Samuelson chief financial officer. Samuelson replaces retiring CFO Raj Rajaji, who will remain with Infor for six months to ensure a smooth transition. Before joining Infor, Samuelson held equity research positions at Robertson Stephens and Bank of America Securities.
Cumberland Pharmaceuticals Inc. (NASDAQ: CPIX) announced that Rick S. Greene, a long-time financial advisor to the Company, has been appointed Chief Financial Officer. He has served as Interim Vice President, Finance & Accounting since April of this year. Mr. Greene previously served as Chief Financial Officer at Surgical Alliance Corporation, a specialty hospital company, and Director of Financial Operations at Phycor, Inc., a publicly-held physician management company.
Saratoga Resources (NYSE Amex: SARA) has appointed Michael O. Aldridge as executive vice president and chief financial officer. Aldridge has served as a financial consultant to the energy industry since 2009. From 2000 to 2008, he served in various executive roles with Petroquest, including executive vice president, CFO, and treasurer. Prior to that, he spent seven years with Ocean Energy, where he served as controller and later as vice president of corporate communications. Saratoga also announced the resignation of Edward Hebert as vice president – finance and chief accounting officer.
Accuride Corporation (NYSE: ACW) announced that James H. (Jim) Woodward, Jr., Senior Vice President / Finance and Chief Financial Officer, has resigned his position to pursue other interests and opportunities. In order to ensure continuity, Accuride Vice President and Chief Accounting Officer Gregory A. Risch will serve as Interim CFO. Woodward joined Accuride in March 2009 as Interim Senior Vice President and Chief Financial Officer and was appointed permanent CFO in May 2010. Risch has served in a variety capacities in Accuride’s Finance function since joining the company in 1994, including Chief Accounting Officer, Director of Financial Planning and Reporting, and Assistant Controller.
Bulk TV & Internet announced the addition of Chief Financial Officer (CFO) Malcolm Clarke to their management team. Most recently, Clarke held the position of CFO for Hosted Solutions, a Raleigh, NC-based data center operator and managed services provider. Prior to his role at Hosted Solutions, Clarke was the CFO at Railinc, a privately held software development and Software as a Service (SAAS) provider to the transportation industry. In addition, Clarke has held executive-level finance positions at Analex, Global Mail, VISTA Information Technologies as well as Science Applications International Corporation (SAIC), all located in Virginia.
Surgical Care Affiliates (SCA) announced that Pete Clemens has joined the company as Executive Vice President & Chief Financial Officer. He served previously as Chief Financial Officer of Caremark, a national prescription benefit management company that was merged with CVS in 2007.
Ralcorp Holdings, Inc. (NYSE: RAH) announced that Robert Vitale will serve as Chief Financial Officer of Post Holdings in conjunction with the previously announced separation of Ralcorp and the Post cereal business. Mr. Vitale will join Post effective November 1, 2011. Mr. Vitale has served as President and CEO of AHM Financial Group, LLC, a diversified provider of insurance brokerage and wealth management services, since 2006. Previously, Mr. Vitale was Chairman and majority shareholder of The Bargain Shop, Inc., a Toronto-based deep value retail chain with sales of approximately $250 million. Prior to The Bargain Shop, he was a partner at Westgate Group, LLC, a consumer-oriented private equity firm based in St. Louis. Mr. Vitale previously managed the Corporate Finance Department at Boatmen’s Bancshares, Inc., where he arranged numerous forms of multi-tiered financing arrangements.
ASD Inc. announced the appointment of Thomas Beck as the company’s Chief Financial Officer. A long-time ASD board member, Beck brings with him more than 35 years of experience in the management, advisory, financial and operations fields. Beck is the founding member of Swan Capital, LLC, a specialty investment bank, and Eagle Advisors, LLC, a finance and accounting contract services firm.
Phillips Plastics announced the appointment of E. Gary Willenbrecht to the position of Vice President and Chief Financial Officer. Willenbrecht assumes this role from Tom Schinella, current Vice President and Chief Financial Officer. Willenbrecht previously served as Vice President Finance, Global Operations & Planning for Beckman Coulter, Inc. Prior to joining Beckman Coulter, Willenbrecht was Corporate Finance Manager for Nabisco Canada.
MPG Office Trust, Inc. (NYSE: MPG) announced it has amended the employment agreement for Shant Koumriqian, Executive Vice President and Chief Financial Officer, providing for Mr. Koumriqian’s departure from the Company on March 31, 2012. Mr. Koumriqian is expected to remain with Company until that time.
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