CFO Moves this week include:
|Actifio||Forest Oil Corporation||Famous Brands International|
|KaloBios Pharmaceuticals, Inc.||Time Inc.||The Charles & Colvard, Ltd.|
|Arkadium||Universal Insurance Holdings, Inc.||The Depository Trust & Clearing Corporation|
|Merz North America||Potlatch Corporation||Columbia Property Trust|
|Virtual Bridges, Inc.||Bankers Financial Corporation||Donuts Inc.|
|Duke Energy||Affinity Solutions, Inc.||ARC Group Worldwide, Inc.|
|News America Marketing||Tengion, Inc.||Tronox Limited|
|Agilysys, Inc.||Sunrun||SPY® Inc.|
|Hunt Companies||Indianapolis Museum of Art||LiveRamp|
|NextDocs||Alas Aviation Corp.||1st Financial Services Corporation|
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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 email@example.com or by phone at +1 (415) 738-2070.
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Forest Oil Corporation (NYSE: FST) announced that Victor A. Wind, currently Forest’s Senior Vice President, Chief Accounting Officer, Corporate Controller and Treasurer, has been promoted to the position of Executive Vice President, Chief Financial Officer and Treasurer effective August 24, 2013. Mr. Wind started his career in public accounting in 1995, later served in various management positions, including Director of Financial Reporting and Controller, at Evergreen Resources, Inc. from July 2001 through December 2004, and joined Forest as Controller – Financial Accounting in January 2005. Michael N. Kennedy, Forest’s current Executive Vice President and Chief Financial Officer, has resigned his position, effective August 23, 2013, to pursue other opportunities in the oil and gas industry.
Famous Brands International, the parent company of TCBY Yogurt and Mrs. Fields Cookies, announced that it has appointed Michael Chao to the position of Chief Financial Officer. Michael has been serving as Vice President of Finance, Treasury, and Investor Relations at Vail Resorts, Inc. He began his career with KPMG (1996-1999) and then joined InterTrust Technologies (1999-2001). From 2001 to 2006, Mr. Chao held numerous accounting and finance roles with eBay Inc.
KaloBios Pharmaceuticals, Inc. (NASDAQ: KBIO) announced the retirement of Jeffrey H. Cooper, the company’s Chief Financial Officer, effective as of December 31, 2013. Mr. Cooper joined KaloBios in July 2012 as Chief Financial Officer. He was previously Senior Vice President and Chief Financial Officer of BioMarin Pharmaceutical, Inc., a publicly traded pharmaceutical company. At BioMarin, Mr. Cooper started in 2003 as Vice President, Controller, and then served as its Chief Financial Officer from 2005 to May 2012.
Time Inc. named Jeffrey J. Bairstow Executive Vice President and Chief Financial Officer. Mr. Bairstow will succeed Howard Averill, who is transitioning into his new role as Executive Vice President and Chief Financial Officer of Time Warner. Mr. Bairstow joins Time Inc. from Digital First Media (DFM), where he was President. Before the formation of DFM and his appointment as President, Mr. Bairstow spent a year as Chief Financial Officer of Journal Register Company. He was Executive Vice President and Chief Financial Officer of CCBR-Synarc, Inc., where he also served as President of its Global Imaging Division. Earlier, he spent two years as Executive Vice President and Chief Financial Officer for Dendrite International, Inc. Previously, he spent several years at Health Net, Inc. in a number of roles, including President of the Government and Specialty Services Division and Executive Vice President and Chief Financial Officer of Health Net-California. He earlier served as President of America Service Group and RelayHealth. He began his career at Ernst & Young.
The Charles & Colvard, Ltd. (NASDAQ: CTHR) announced that Kyle Macemore has been appointed senior vice president, chief financial officer and treasurer of the company. Mr. Macemore replaces Timothy L. Krist, who is no longer with the company effective August 5, 2013. Prior to joining Charles & Colvard, he served as the vice president and chief financial officer of Global Signaling Solutions for Tekelec. Macemore also served as chief financial officer of the Americas Storage Division for IBM.
Arkadium announced Jordan Fox as the company’s new chief financial officer. Fox joins the company from Accordion Partners, a full-spectrum boutique financial consulting firm, where he served as Vice President. At Accordion, Fox served as interim CFO for a digital media company. Prior to Accordion, Fox worked for renowned organizations including Sigma Capital Management, UBS Investment Bank, Home Box Office, ContentFilm and Goldman Sachs.
Universal Insurance Holdings, Inc. (NYSE: UVE) announced that it has elected Frank Wilcox, formerly vice president – finance, as the Company’s chief financial officer and principal accounting officer effective October 1, 2013. Mr. Wilcox will also serve as the chief financial officer of the Company’s wholly-owned subsidiaries Universal Property & Casualty Insurance Company (UPCIC) and American Platinum Property and Casualty Insurance Company (APPCIC). Mr. Wilcox succeeds George De Heer, who resigned as chief financial officer and principal accounting officer of the Company and its wholly-owned insurance subsidiaries, UPCIC and APPCIC, effective September 30, 2013, for personal reasons. Mr. Wilcox has served as the Company’s vice president – finance since January 2011. Prior to joining the Company, Mr. Wilcox was director, consolidation and SEC reporting at Burger King Corporation from 2006 to 2011. From 2000 to 2006, he served as senior vice president, controller at BankUnited.
The Depository Trust & Clearing Corporation (DTCC) announced Ellen Fine Levine has been appointed Executive Client Officer, a new position for the company. Ms. Levine is currently DTCC’s Chief Financial Officer. Susan Tysk-Cosgrove was named Chief Financial Officer, succeeding Ms. Levine. Ms. Cosgrove is currently General Manager, Settlement & Asset Services.
Merz North America (U.S. affiliate of Merz Pharma Group) announced the appointment of John Donofrio as Chief Financial Officer and Head of Business Development – North America. Prior to joining Merz, Donofrio served as Vice President, Stiefel Global Finance for Stiefel, a GSK company. Prior to this role, Donofrio was an integral member of the Stiefel Integration Core Team leading global integration activities within the finance organization.
Potlatch Corporation (NASDAQ: PCH) announced that Jerald W. Richards has been named Vice President and Chief Financial Officer effective September 1, 2013. He replaces Eric Cremers who was recently promoted to President and Chief Operating Officer for Potlatch. Richards joins Potlatch from Weyerhaeuser Company, where he had been employed since 2002, most recently as Chief Accounting Officer.
Columbia Property Trust announced the appointment of James A. Fleming to the position of Executive Vice President and Chief Financial Officer. Fleming served most recently as Executive Vice President and CFO for Schottenstein Property Group. Previously, at Cousins Properties, Inc., Fleming served in various executive capacities, including as Executive Vice President and CFO from 2004 to 2010, and earlier, as Senior Vice President, General Counsel, and Secretary from 2001 to 2004. Fleming currently serves on the Board of Directors of NASDAQ-listed Carmike Cinemas, Inc. Fleming is a former founding partner of the Atlanta law firm Fleming & Ray (now Ray & Sherman) and former managing partner at Long, Aldridge & Norman (now McKenna Long & Aldridge).
Virtual Bridges, Inc. announced the appointment of Dirk Luthro as chief financial officer. Luthro most recently served as CFO of Alereon. Prior to Alereon, Luthro held roles as vice president of finance at Applied Science Fiction and finance capital manager at Intel Corporation. He began his career as a business analyst at Merrill Lynch.
Bankers Financial Corporation (BFC) announced the appointment of James E. Tait as Chief Financial Officer and a member of the BFC Board of Directors. He most recently served as Chief Financial Officer of Alterra Insurance US, the domestic insurance operations of Alterra Capital Holdings Limited. His previous work includes 25 years with Coopers & Lybrand, including as managing partner of the Midstates Region office in Chicago and service as an executive officer and board member of several insurance companies and consulting organizations.
Donuts Inc. said that Jeff deCillia has joined the company as Chief Financial Officer. Kevin Wilson, the company’s founding CFO will remain with Donuts as Vice President of Finance. deCillia most recently served as CFO of INRIX, Inc. His previous experience includes CFO roles with PivotLink Corp., Captaris (later acquired by OpenText) and Cartia (acquired by Amazon).
Duke Energy (NYSE: DUK) named Steve K. Young executive vice president and chief financial officer to replace Lynn J. Good, who became president and chief executive officer. Young has served as vice president, controller and chief accounting officer since 2005, and continued to hold that position after the close of the merger between Duke Energy and Progress Energy in July 2012.
Affinity Solutions, Inc. announced that Gary Starr has joined as Chief Financial Officer (CFO). Starr has held senior finance positions in firms including Time Inc., Archstone Consulting, Martha Stewart Living, and Newsweek, serving the latter three as the firms’ Chief Financial Officer.
ARC Group Worldwide, Inc. (NASDAQ: ARCW) announced the appointment of Eddie Neely as a new director on the Board. Mr. Neely shall serve on the Board’s Audit Committee and Compensation Committee. Mr. Neely will also serve as the Company’s designated Audit Committee Financial Expert. Most recently, Mr. Neely served as an executive at Alpha Natural Resources, Inc. (NYSE: ANR), holding positions as the CFO and Chief Risk Officer. Before joining ANR, Mr. Neely was CFO of Whites Fresh Food, Inc. He also served as Controller for Hunt Assisted Living, LLC, and Director of Accounting for The Brink’s Company and held various accounting and finance positions with Pittston and its subsidiaries prior to that.
Veracity Hospitality announced the appointment of Mukund (Mac) Rao as Chief Financial Officer. Rao has spent the last 26 of his 35-year career in hospitality finance and accounting. Positions included: Director of Finance for KeyLime Cove, a role he will continue to fill; Regional Controller for eight Waterford Hotels; and Controller for several different internationally branded hotels and resorts including Radisson, Holiday Inn, Sheraton, and Hilton.
RichRelevance announced the appointment of Zach Koekemoer as Chief Financial Officer. Prior to joining RichRelevance, Koekemoer was the Chief Financial Officer at iPlay (acquired by iWin). Prior to iPlay, Koekemoer served as Chief Financial Officer at Industrial Origami. He previously served as Vice President of Finance at WageWorks. He has also held senior financial positions at @Road (acquired by Trimble Navigation) and Artisan Components (acquired by ARM Holdings).
Audubon has promoted David Robison from Vice President of Finance to the new position of Chief Financial Officer (CFO). Robison began his career at Audubon in 2011 as Corporate Controller. He has more than eleven years of diversified accounting leadership experience gained in his tenure with one of the prestigious Big Four accounting firms, as well as from serving as controller in petroleum-related companies.
News America Marketing announced that Chris Blanco has been promoted to Executive Vice President, Chief Financial Officer. Prior to his appointment to Chief Financial Officer, Blanco held the title of Vice President, Controller for eight years. He joined News America Marketing in 1999.
Tengion, Inc. (OTC: TNGN) announced the promotion of A. Brian Davis to Chief Financial Officer and Senior Vice President, Finance. Mr. Davis has served as Chief Financial Officer of Tengion since joining the Company in 2010. Prior to joining Tengion, Mr. Davis served 15 years at Neose Technologies, Inc., where he advanced from Controller to Senior Vice President, Finance and CFO.
Tronox Limited (NYSE: TROX) announced that it has named Katherine C. Harper as senior vice president and chief financial officer. Harper will join Tronox on September 16, 2013. Harper served as the chief financial and business development officer of Rio Tinto’s diamonds and minerals group. Earlier in her career she worked for 12 years in senior finance posts with the Gulbrandsen Group, and the General Chemical Corporation. She began her career as a financial analyst within the power systems group of the Westinghouse Electric Corporation.
Agilysys, Inc. (NASDAQ: AGYS) announced the promotion of Janine Seebeck, to the role of senior vice president, chief financial officer and treasurer. Ms. Seebeck succeeds Robert Ellis, who served as chief operating officer and chief financial officer, and whose departure from Agilysys was also announced today. Ms. Seebeck has served as the Company’s vice president and controller since November 2011. She joined Agilysys from Premiere Global Services, Inc., where she most recently served as Vice President of Finance, Asia Pacific. She also served as Premiere’s vice president and corporate controller from 2002 to 2008. Previously, she served as a senior associate at PricewaterhouseCoopers.
Sunrun announced that Anne Brennan joins as Chief Financial Officer. Brennan most recently served as CFO of Unwired Planet, formerly Openwave Systems. Prior to her role as CFO, she served in various executive roles within the company. Before joining Openwave, Brennan had a long career with Racal Electronics in the United Kingdom.
SPY Inc. (OTC: XSPY) announced that Jim McGinty will assume the role of CFO. For the last 13 years, McGinty served as Chief Financial Officer at Hot Topic, Inc. McGinty replaces Michael Angel, the former CFO.
Hunt Companies announced the appointment of Clay Parker as Executive Vice President and Chief Financial Officer. He succeeds William Kell, who is retiring after 10 years in that position. Mr. Parker served as a Chief Financial Officer for more than eight years. Mr. Parker was previously Executive Vice President and Chief Financial Officer for Prometheus Real Estate Group. Prior to joining Prometheus, Clay worked at JPI for over 10 years in various executive leadership positions including 4 years as Executive Vice President and Chief Financial Officer for the eastern division in McLean, Virginia and 3 and ½ years as Executive Vice President of Financial Services at the home office of JPI.
Indianapolis Museum of Art announced that Jeremiah “Jerry” Wise has been named the Museum’s Chief Financial Officer following an extensive search. He will begin at the IMA September 9. Wise comes to the IMA from the Indianapolis Airport Authority, where he served as Treasurer and Director of New Business Development. Prior to his work at the Indianapolis Airport Authority, Wise worked for the Indiana Public Finance Office and as an economic consultant for a private firm in Chicago.
LiveRamp announced that Bryan Morris has joined LiveRamp as their new Chief Financial Officer. Bryan joined from Ooyala, where he was VP Finance. Prior to Ooyala, he was VP Finance at HyperRoll (acquired by Oracle) from 2005 to 2007.
NextDocs announced that William G. Levering III has been appointed as the company’s Chief Financial Officer (CFO). Levering most recently served as Executive Vice President and Chief Financial Officer at Voxware, Inc. and in the same position at Princeton Softech Inc. Earlier in his career, Levering served as Corporate Controller and then as Chief Financial Officer at AXS-One Inc.
Alas Aviation Corp. announced that Frank Dreschler, President, Chief Executive Officer, Treasurer and Chief Financial Officer of the Company, resigned from these positions. The company appointed Warrick Morgan as Chief Financial Officer. Prior to joining the Company, Mr. Morgan has worked at Atlanta M& A Advisors, LLC. He served in interim CFO and Controller positions at client companies since 1998. He was Controller at Consolidated Credit Group and Assistant to the CFO at American Nursing Homes, Inc.
1st Financial Services Corporation announced that Holly L. Schreiber informed the company of her decision to resign her positions of Executive Vice President, Chief Financial Officer, and Treasurer of the Company and its wholly owned subsidiary, Mountain 1st Bank & Trust Company.