CFO Moves this week include:
|American Express Company||McKesson Corporation||James Hardie|
|Skullcandy, Inc.||Savient Pharmaceuticals, Inc.||TriZetto Corporation|
|FieldPoint Petroleum Corporation||INTTRA||Clinical Research Advantage, Inc.|
|Altamira Technologies Corporation||EPIRUS Biopharmaceuticals, Inc.||Convergent Revenue Cycle Management, Inc.|
|SOASTA®, Inc.||Galectin Therapeutics||Redfin|
|Axcelis Technologies, Inc.||Tribune Company||The J. Craig Venter Institute|
|F & M Bank Corp.||Northrop Grumman Corporation||Citizens Property Insurance|
|SandRidge Energy, Inc.||Quantum Foods, LLC||Oiltanking Partners, L.P.|
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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Stanton Chase International). Samuel can be reached by email at firstname.lastname@example.org or by phone at +1 (415) 738-2070.
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American Express Company (NYSE: AXP) announced the appointment of Jeffrey C. Campbell as executive vice president and chief financial officer. Mr. Campbell will succeed Daniel T. Henry who as previously announced, will retire later this year after a distinguished 23-year career with American Express. Mr. Campbell will join American Express next month as executive vice president, Finance. He will assume CFO duties in early August after the company completes its financial filings for the second quarter. Mr. Campbell joins American Express from McKesson Corporation, where he was executive vice president and chief financial officer. Mr. Campbell joined McKesson as CFO in 2003. Before joining McKesson, Mr. Campbell served as chief financial officer of AMR Corporation and its subsidiary, American Airlines. He joined AMR in 1990 and progressed through a range of senior management roles, including head of European operations based in London for several years. He was named CFO in 2002. He is a member of the board of directors of Hexcel Corporation and the San Francisco Chamber of Commerce.
McKesson Corporation (NYSE: MCK) announced that Jeffrey C. Campbell, executive vice president and chief financial officer, will leave the company at the end of June to become the chief financial officer of American Express Company. Campbell has served McKesson as CFO since 2003. Until Campbell’s permanent replacement has been named, Nigel A. Rees, vice president and controller, will assume the role of interim chief financial officer. A 12-year McKesson veteran, Rees previously served as senior vice president of finance at Adecco, SA. He also has held senior finance leadership roles with Tandem Computers, Inc., International Microcomputer Software, Inc., and Challenge Dairy Products, Inc.
James Hardie Industries plc announced that its Chief Financial Officer (CFO), Russell Chenu, has indicated his intention to retire from executive duties in 2013. Mr. Chenu joined James Hardie as Interim Chief Financial Officer in October 2004 and was appointed CFO in February 2005. The company also announced today the appointment of Matthew Marsh as the company’s new CFO who will be based out of Chicago. Matthew will commence his new role from 24 June, 2013. After a 16-year career at General Electric Company (GE), Matthew was most recently as CFO of GE Healthcare’s IT business. Matthew’s prior roles include appointments as CFO for GE’s US Healthcare Systems and U.S. Diagnostic Imaging businesses. Prior to those appointments Matthew travelled globally with the GE Audit Staff gaining experience in several industries and geographies, and graduated from GE’s Financial Management Program (FMP).
Skullcandy, Inc. (NASDAQ: SKUL) announced the commencement of a search for a new Chief Financial Officer following Kyle Wescoat’s decision to resign in order to pursue opportunities closer to his home in Southern California. Mr. Wescoat will remain with the Company through approximately September 2013 while it searches for his successor.
Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) announced that it has formed an Office of the President, including John P. Hamill, who will serve as Co-President and Chief Financial Officer. Savient also announced that Louis Ferrari, President, Chief Executive Officer, and Director, is leaving the Company to pursue other interests, and the Office of the President will succeed Mr. Ferrari in his executive role.
TriZetto Corporation announced the appointment of Douglas E. Barnett as Chief Financial Officer (“CFO”). Mr. Barnett joins TriZetto from AlixPartners LLP where he was Managing Director, Chief Administrative Officer and CFO. Prior to joining AlixPartners in 2007, he was Senior Vice President and CFO at UGS Corporation. Mr. Barnett also previously served as CFO of Colfax Corporation and Giddings & Lewis, Inc. Prior to that he held finance roles at First Boston Corporation, Van Kampen Merritt, Inc., and Price Waterhouse.
FieldPoint Petroleum Corporation (NYSE: FPP) announced that its Board of Directors has appointed Philip H. Roberson to serve as COO/CFO. Prior to joining FieldPoint, Mr. Roberson was a founder of AEG Operating LLC. Previously, he served as a Director of Energy Investment Banking with Tejas Securities, Inc. Until it was acquired by Tejas Securities, Mr. Roberson was an Equity Analyst with Arabella Securities, LLC.
INTTRA appointed Gary Ito as Chief Financial Officer. Mr. Ito began his career at Nortel, where for 18 years he held a variety of finance and general management positions in both North America and Asia. In 2004, he joined Quadrem as CFO, which resulted in Quadrem’s successful sale to Ariba in 2010. Following the sale, Mr. Ito remained at Ariba serving as the Customer Management Organization division’s CFO and head of operations.
Clinical Research Advantage, Inc. announced the addition of Craig J. Smith as the company’s Chief Financial Officer. Smith was most recently as the Chief Financial Officer of EmpowHER. Smith replaces former CFO Jim Vesely, who was promoted to Executive Vice President of Contracting.
Altamira Technologies Corporation, the result of a merger between Near Infinity Corporation and Invertix Corporation, announced that Bryan Judd will be the CFO at the merged entity. Mr. Judd assumed the role of Chief Financial Officer of Invertix in 2006. He also serves as Secretary and Treasurer of the Altamira Board.
EPIRUS Biopharmaceuticals, Inc. announced the appointment of Thomas Shea as Chief Financial Officer (CFO). Most recently, he served as CFO and Treasurer of Euthymics Bioscience, Neurovance Inc, and EBI Life Sciences, three privately held, affiliated companies. Previously, he spent 6 years as CFO of Tolerx, Inc. He also served as CFO of Cubist Pharmaceuticals, Inc., and in a variety of senior finance roles at ImmuLogic Pharmaceutical Corp.
SOASTA®, Inc. announced Bryan LeBlanc has joined the SOASTA board of directors and will also serve as chair of the audit committee. LeBlanc, SOASTA’s first independent board member, currently holds the position of chief Financial officer (CFO) of Jive Software, Inc. Previously he was a key member of Mercury Interactive’s executive team, leading to the acquisition by Hewlett-Packard.
Galectin Therapeutics (NASDAQ: GALT) announced the appointment of Jack W. Callicutt to the position of Chief Financial Officer, effective July 1, 2013. Jack replaces Thomas McGauley who was acting CFO for the past 14 months. Mr. Callicutt was most recently CFO for REACH Health, Inc. Previous positions include CFO of Vystar Corporation. Previous experiences also include CFO roles at private companies including IVOX and Tikvah Therapeutics, and at Coratus Genetics.
Redfin announced that Chris Nielsen has joined the company as chief financial officer. Most recently, Chris was the chief financial officer and chief operating officer of Zappos.com. He started at Amazon.com in 2003, where he led highly successful retail business segments such as the home and garden store. Prior to Amazon, he worked at business consulting firms Bain & Co. and Accenture.
Axcelis Technologies, Inc. (NASDAQ: ACLS) announced that CFO Jay Zager will be retiring from the company at the end of August, 2013. Effective July 1, 2013 Kevin Brewer will become executive vice president and interim chief financial officer, continuing his role as executive vice president, global operations. Zager will retain the title of executive vice president, finance until his retirement to facilitate a transition as the company conducts an external search for a chief financial officer. Brewer joined Axcelis in 1999, initially as director of operations, becoming a vice president in 2002. Prior to joining Axcelis, Brewer was director of operations, Business Jets, at Raytheon Aircraft Company. He also held various management positions in operations and strategic planning in Raytheon Company’s Electronic Systems and Missile Systems groups.
Tribune Company announced the appointment of Steven Berns as its Executive Vice President/Chief Financial Officer. He joins the company from Revlon, Inc. where he served in a similar capacity beginning in May 2009. Tribune also announced that Chandler Bigelow, who has served as the company’s CFO since 2008, has been appointed to the newly-created position of Executive Vice President/Chief Business Strategies and Operations Officer. Prior to serving as CFO at Revlon, Berns held a variety of executive finance positions, serving as Chief Financial Officer at Tradeweb, LLC, and at MDC Partners, where he was also President and Chief Financial Officer. From August 1999 to September 2004, Berns was SVP/Treasurer for The Interpublic Group of Companies, Inc.
The J. Craig Venter Institute announced that Harold “Hal” Davies has joined the organization as Chief Financial Officer. For the past 8 years he was the Chief Financial Officer at the Donald Danforth Plant Science Center. Prior to this he was Corporate Controller for Alper Ink Group LLC. He also worked as the Director of Financial Planning and Analysis at Huttig Building Products from 1988 to 1998.
F & M Bank Corp. (OTC: FMBM), parent company of Farmers & Merchants Bank (“F & M Bank”), announced that Carrie Comer was promoted to Senior Vice President and Chief Financial Officer.
Northrop Grumman Corporation (NYSE: NOC) has appointed Nimish Doshi, vice president, business management and chief financial officer for the company’s Technical Services sector, effective July 29. Doshi replaces Dave Harvey, who has announced his intention to retire after 33 years of service. Doshi most recently served as vice president, business management for the Integrated Logistics and Modernization division. He joined Northrop Grumman in 1997 and has held a number of increasingly responsible leadership positions in business management. Prior to joining Northrop Grumman, he worked for Computer Sciences Corporation.
Citizens Property Insurance Corporation announced that its Chief Financial Officer, Sharon Binnun, has accepted a position in the private sector and will resign her post effective July 5. Binnun was a former insurance regulator who became Citizens CFO in 2007.
SandRidge Energy, Inc. (NYSE: SD) announced that it has promoted James Bennett to CEO and president from his role as President & CFO. Bennett has served as chief financial officer of SandRidge since January 2011 and was promoted to president in March 2013. Prior to joining SandRidge he was managing director for White Deer Energy. From 2006 to December 2009, Bennett was employed by GSO Capital Partners. His prior experience also includes serving as chief financial officer of Aquilex Services Corp. and as an investment banker in the energy group of Donaldson, Lufkin & Jenrette (now Credit Suisse). He started his career at NationsBank. He has served on the board of directors of the general partner of Cheniere Energy Partners L.P. and PostRock Energy Corporation.
Quantum Foods, LLC announced that it has Herman Brons as Chief Financial Officer. Brons held increasing levels of responsibility in his 17 years with CSM, including CFO of significant operating divisions in the United States. Prior to CSM, Brons worked for eight years as an auditor at KPMG in New York and the Netherlands.
Oiltanking Partners, L.P. (NYSE: OILT) announced the appointment of Jonathan Z. Ackerman as Vice President and Chief Financial Officer (“CFO”), effective July 1, 2013. Kenneth F. Owen, the Partnership’s current CFO, has been named Terminal Manager of the Partnership’s expanding Houston complex and will be responsible for managing the profit center. Mr. Ackerman previously was with UBS Investment Bank, where he was most recently Managing Director, Mergers & Acquisitions and Co-Head, Strategic Solutions Group. Prior to joining UBS in 2006, Mr. Ackerman served as Senior Counsel to President George W. Bush’s Advisory Panel on Federal Tax Reform. Prior to that, Mr. Ackerman was an adviser in the US Treasury Department’s Office of Tax Policy.
Graphcom, Inc. has announced that David Campbell has joined the company as Chief Financial Officer. David Campbell comes to Graphcom with more than 10 years of experience in banking as a marketing manager at Susquehanna Bank, commercial relationship manager at Tower Bank, and relationship manager at F&M Trust.