CFO Moves this week include:
Best Buy Co., Inc.
|Dorsey & Whitney LLP||The Phoenix Companies, Inc.|
|Federal Signal Corporation||
Aviv REIT, Inc.
|BD (Becton, Dickinson and Company)||
True Temper Sports
Black Box Corporation
Era Group Inc.
|Mesa Laboratories, Inc.||
The Progressive Corporation
Josephine Mining Corp.
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Best Buy Co., Inc. (NYSE: BBY) announced that Jim Muehlbauer, executive vice president and chief financial officer, will be leaving the company. He will continue to support the company through the end of the 2013 fiscal year.
Dorsey & Whitney LLP announced that it has named Richard E. F. Holdrup as its new Chief Financial Officer. Mr. Holdrup was most recently as Chief Financial and Administrative Officer of San Francisco-based Howard Rice Nemerovski Canady Falk & Rabkin, P.C., which became part of Arnold & Porter LLP earlier this year. Mr. Holdrup previously served as CFO of the Heller Ehrman and Squire, Sanders law firms. Prior to working in the legal services industry, Mr. Holdrup held several senior financial executive positions in the consumer products industry over a period of 19 years.
The Phoenix Companies, Inc. (NYSE: PNX) announced that Peter A. Hofmann, Phoenix’s current chief financial officer and treasurer, will become executive vice president, Strategy and Business Development, a newly created position. Mr. Hofmann joined Phoenix in 2001 as a vice president to establish the investor relations function and prepare the company for its initial public offering. He was named chief financial officer in 2007. The company also announced that Bonnie J. Malley will be promoted to chief financial officer. Ms. Malley is currently executive vice president and chief administrative officer. Ms. Malley joined Phoenix in 1985 as a staff auditor and served in increasingly senior accounting and finance positions, including chief accounting officer.
NanoBio Corporation announced the promotion of David Peralta to chief executive officer. Mr. Peralta, who previously served as the company’s chief operating and financial officer, replaces James R. Baker, Jr. M.D., who recently joined Merck & Co. as the senior vice president, head global vaccine franchise. Mr. Peralta joined NanoBio in February 2006. Previously, Mr. Peralta served as vice president and chief financial officer for Arbortext, Inc. Prior to joining Arbortext, Mr. Peralta was chief financial officer of Mechanical Dynamics, Inc.
Invodo announced that the company appointed John Whitmarsh to the newly-created position of Chief Financial Officer. Prior to joining Invodo, Whitmarsh was the CFO of Message One Inc. Whitmarsh has also held CFO roles at Misys Healthcare Transaction Services, Digital Motorworks Inc. and Century Payments.
MFRI, Inc. (NASDAQ: MFRI) announced that Michael D. Bennett, Chief Financial Officer (“CFO”), Secretary and Treasurer of the Company, will step down as CFO. Mr. Bennett will continue as Secretary and Treasurer of the Company. During the transition period, the Company has retained Gerald O’Connor to serve as Interim CFO. In addition to his recent experience providing CFO-level consulting services, Mr. O’Connor was Senior Vice President – Finance and Strategic Planning at NICOR, Inc. from 2004 through 2011.
Trustwave announced the appointment of William “Bill” G. Barker III as Chief Financial Officer. Barker most recently served as Senior Vice President and Chief Financial Officer of Federal Signal Corporation. Prior to that role, he served as Senior Vice President and Chief Financial Officer at the Sun-Times Media Group, Inc. Barker has also held senior finance positions at Pepsico, Inc. and The Quaker Oats Company.
Federal Signal Corporation (NYSE: FSS) announced the appointment of Braden Waverley as the interim chief financial officer of the Company. Mr. Waverley will replace Bill Barker, who is departing the Company to join Trustwave as its chief financial officer. Prior to joining Federal Signal in a consulting capacity last year, Mr. Waverley served as Executive Chairman of CombineNet, Inc. and was an investor and advisor to multiple, early stage companies. Mr. Waverley has over twenty years of operations and general management experience, including global executive management responsibilities with Dell Inc. and Motorola, Inc
Active Power (NASDAQ: ACPW) announced Steven Fife has joined the company as vice president of Finance and will be appointed CFO on Oct. 31, 2012. John Penver, current CFO, will step down at that time. Prior to Active Power, Fife served as interim CFO of the Women’s Initiative for Self Employment. From 2007-2010, Fife served as executive vice president and CFO of LECG Corp. Prior to LECG Corp., Fife held a number of executive and senior finance roles for publicly held companies including Gilead Sciences, Inc. AMKOR Technologies, Inc., JDS Uniphase, Corp., and Optical Coating Laboratory, Inc.,
Aviv REIT, Inc. announced that Steven J. Insoft, formerly Chief Operating Officer, Chief Financial Officer and Treasurer, has been named President and Chief Operating Officer. Mr. Insoft has been with Aviv since 2005. The company also announced that James H. Lyman, formerly Senior Vice President, Finance and Capital Markets, has been named Chief Financial Officer and Treasurer. Mr. Lyman joined Aviv in early 2012. Prior to joining Aviv, Mr. Lyman was Chief Financial Officer for Urban Shopping Centers, Inc. and Strategic Hotel Capital, Inc. He was also a senior executive at Duke Realty, Inc. and a real estate investment banker at Merrill Lynch & Co.
BD (Becton, Dickinson and Company) (NYSE: BDX) announced that David V. Elkins, Executive Vice President and Chief Financial Officer, has informed the Company of his plans to pursue an entrepreneurial opportunity at Round Rock Research, LLC, a technology licensing company, serving as its CFO. He will leave BD in November following the Company’s release of full fiscal year 2012 results on November 7, 2012. Suketu Upadhyay, currently Senior Vice President and Controller, has been named as interim Chief Financial Officer, effective November 9, 2012. Prior to his current role, Mr. Upadhyay served as the chief financial officer for BD’s international operations. Before joining BD in 2010, he held senior-level finance positions with Johnson & Johnson and AstraZeneca.
Nabsys, Inc. announced Peter Lewis as chief financial officer. Prior to joining Nabsys, he served as vice president of Finance and Administration at Bioscale, Inc. Mr. Lewis previously served as vice president of Finance and Administration at Affymetrix following the acquisition of Genetic MicroSystems, where he was chief financial officer. He has also held senior level positions at First Boston Pharma, Instron Corporation and Perkin-Elmer.
XRS Corporation (NASDAQ: XRSC) announced the promotion of Michael Weber to chief financial officer effective immediately. Most recently, Weber served as XRS’ vice president of finance. Prior to joining XRS, Weber held the role of director of compliance and external reporting, controller at CNS, Inc. from 2001 to 2007. From 1999 to 2001, he held several key financial roles at Schwan’s Sales Enterprises, Inc.
Eliza Corporation announced the appointment of Mark Beucler to Chief Financial Officer. Prior to joining Eliza, Beucler held senior executive roles including Senior Vice President, CFO, and Vice President, General Manager in global companies including Keystone Dental, Haemonetics Corp., Lifeline Systems, which was acquired by Philips Healthcare, Thomson Financial, The Gillette Company and Deloitte & Touche.
True Temper Sports announced that Vice President of Finance Joe Lyons has been named the company’s Chief Financial Officer. Prior to joining the company, Lyons held positions at Gate Gourmet and Glimpso, LLC, following a six year career in public accounting with PricewaterhouseCoopers.
Black Box Corporation (NASDAQ: BBOX) announced it has appointed Michael McAndrew as President and Chief Operating Officer. As previously announced, Mr. McAndrew will become the Company’s Chief Executive Officer and join the Board of Directors on April 1, 2013. Prior to this recent appointment, Mr. McAndrew served as the Company’s Executive Vice President, Chief Financial Officer, Treasurer and Secretary. In addition to Mr. McAndrew’s appointment, the Board appointed Timothy C. Huffmyer as Vice President, Chief Financial Officer, Treasurer and Secretary. Mr. Huffmyer previously served as Director of Finance.
Thoratec Corporation (NASDAQ: THOR) announced that its Board of Directors has appointed Taylor C. Harris to the position of Vice President and Chief Financial Officer. Mr. Harris joined Thoratec in 2010 as Senior Director of Investor Relations and Business Development. Prior to joining Thoratec, Mr. Harris worked at JPMorgan Chase & Co. for over a decade in several capacities, including as a Vice President in the firm’s Healthcare Investment Banking and Equity Research departments.
Era Group Inc. announced that Christopher S. Bradshaw will join the company as Executive Vice President and Chief Financial Officer. Mr. Bradshaw joins Era from U.S. Capital Advisors LLC, a financial advisory firm where he served as Managing Partner and Chief Financial Officer. Prior to co-founding U.S. Capital Advisors, he worked in the energy investment banking groups at UBS Investment Bank, Morgan Stanley and PaineWebber & Co.
Mesa Laboratories, Inc. (NASDAQ: MLAB) announced that Steven W. Peterson , Vice President and Chief Financial Officer of Mesa Laboratories, Inc., notified the Company of his intention to retire effective as of the close of business on November 30 , 2012. In connection with Mr. Peterson’s pending retirement, on October 29, 2012 , John V. Sakys will join the Company as an Executive Vice President. Immediately after Mr. Peterson’s retirement, the Board of Directors of the Company intends to appoint Mr. Sakys as the Company’s Chief Financial Officer. Mr. Sakys was most recently with The Berry Company, LLC. Mr. Sakys held several positions with The Berry Company, and its predecessor company, Local Insight Regatta Holdings, Inc., most recently as its Vice President and Chief Accounting Officer. Prior to The Berry Company, from 2001 to 2009, Mr. Sakys was the Vice President and Chief Financial Officer of Isonics Corporation.
The Progressive Corporation announced that the Board of Directors elected Jeffrey D. Kelly to fill a vacancy on the Company’s Board for a term ending on the date of the Company’s Annual Meeting of Shareholders in 2013. Mr. Kelly is the Executive Vice President and Chief Financial Officer of RenaissanceRe Holdings, Ltd. Prior to joining RenaissanceRe, Mr. Kelly served as Chief Financial Officer of National City Corporation (“NCC”) from 2000 until his retirement from NCC in 2008, and as Vice Chairman of NCC from 2004 until his retirement. Mr. Kelly also served previously as a member of Progressive’s Board of Directors from 2000 until his resignation in August 2009.
Josephine Mining Corp. announced that it has appointed Matthew J. Colbert as Chief Financial Officer (“CFO”), replacing Michelle Carbon who was serving as interim CFO. Mr. Colbert currently serves as the Chief Financial Officer and Director of Gold Crest Mines, Inc., and was previously the Chief Financial Officer and Director of Lifestream Technologies, Inc.