CFO Moves this week include:
|Campbell Soup Company||Dell||ZoomInfo®|
|Alcoa||Triumph Group, Inc.||BMG North America|
|National Dentex||XL Hybrids, Inc.||Gateway Mortgage Group|
|Matrix Systems||Advanced Cell Technology||MemorialCare Health System|
|Epic Sciences||FirstLight Fiber||Reed’s, Inc.|
|Silver Airways||Concert Pharmaceuticals, Inc.||Mt. Macrina Manor|
|Waterstone Financial, Inc.||FTI Consulting, Inc.||Post University|
|JTH Holding, Inc.||Inteliquent, Inc.||Link Staffing Services|
|LawLogix Group, Inc.|
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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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Campbell Soup Company (NYSE: CPB) announced that B. Craig Owens, Chief Financial Officer and Chief Administrative Officer since 2008, has informed the company of his decision to retire on May 1, 2014. Anthony P. DiSilvestro, Senior Vice President – Finance, has been appointed to succeed Owens as Senior Vice President and Chief Financial Officer, effective on that date. Since joining Campbell in 1996, DiSilvestro has held a wide range of senior roles in the Finance organization and in the company’s principal business divisions, including Treasurer; Controller; Vice President – Finance for Campbell North America; Vice President – Corporate Development and Strategic Planning; and Vice President and Managing Director of Campbell International. He also serves as the senior financial officer for Campbell North America, the company’s largest division. Before joining Campbell, he served in various senior financial roles at Scott Paper Company and as Chief Financial Officer of Mölnlycke A.B. Health Care.
Dell announced the appointment of Thomas W. Sweet as senior vice president and chief financial officer of Dell. Mr. Sweet, currently vice president, corporate controller and chief accounting officer, succeeds Brian Gladden, who has served as senior vice president and chief financial officer of Dell since 2008. Mr. Gladden, who has chosen to pursue career interests outside of Dell, will remain at the company through the end of February.
ZoomInfo® appointed Paul Boulanger as its new chief financial officer (CFO) and vice president of operations. Prior to joining ZoomInfo, Boulanger was head of operations and emerging platforms at Nokia within the Global App Store. Boulanger also held the role of global CFO of Monster Worldwide Technologies. Prior to that, Boulanger was vice president of mergers and acquisitions for Monster Worldwide.
Alcoa (NYSE: AA) announced that its Board of Directors has elected Carol L. Roberts a director of the Company and member of the Audit Committee of the Board. Ms. Roberts is Senior Vice President and Chief Financial Officer of International Paper Company (IP). Before being named CFO in 2011, Ms. Roberts led IP’s largest business, the Industrial Packaging Group. She also was Vice President of People Development for three years. Ms. Roberts began her career with IP in 1981 as an associate engineer at the company’s Mobile, Alabama mill.
Triumph Group, Inc. (NYSE: TGI) announced that M. David Kornblatt, Executive Vice President and Chief Financial Officer, will transition from that position next month to become the company’s Director of Corporate Development. He will be succeeded as Chief Financial Officer by Jeffrey L. McRae, currently President of Triumph Aerostructures – Vought Aircraft Division. Most recently, Mr. McRae was named President of Triumph Aerostructures – Vought Aircraft Division in October, 2013, having previously served as President of Triumph Aerostructures – Vought Integrated Programs Division and Chief Financial Officer for Triumph Aerostructures – Vought Aircraft Division, a position he had assumed upon the completion of Triumph’s acquisition of Vought Aircraft Industries, Inc. in June 2010. Prior to the acquisition, Mr. McRae had served as Vought’s Vice President of Business Operations. Prior to joining Vought, Mr. McRae spent 20 years with BAE Systems (formerly United Defense) and its legacy companies, most recently as interim President and General Manager for the Armament Systems Division (ASD). During his career, he held a series of financial management positions, including Director of Finance for ASD, Chief Financial Officer for joint ventures in Turkey and Saudi Arabia, Director of a payroll and benefits shared services center, and Plant Controller for a production facility. Mr. McRae began his career with KPMG.
BMG has appointed Joe Gillen as Chief Financial Officer of BMG North America, based in New York. Gillen joins from Universal Music Group’s Capitol Music Division (formerly EMI Music North America) where he was appointed SVP Finance in 2007. Previously, he served as VP Finance of Capitol & Virgin Records which he joined in 2004 after a number of senior finance positions at Sony Music Entertainment US.
National Dentex named Mark Brockelman Vice President/Chief Financial Officer. Prior to joining NDX, Brockelman served as the Senior Vice President/Chief Financial and Administrative Officer of the Miami Dolphins and Sun Life Stadium for the past three years. He also served as the Chief Financial Officer at eScreen, Inc. He also served for four years as the Executive Vice President and Chief Financial Officer at Ascend Media LLC. He previously spent five years at American Media, Inc. (AMI). Mark was AMI’s Vice President of Finance and Chief Accounting Officer.
XL Hybrids, Inc. announced it has made a key addition to its executive team with the appointment of Neal C. Isaacson as chief financial officer. Previously, Isaacson served as CFO at Open Blue, Ze-gen and EnerNOC. Isaacson has also served as CFO of Ucentric Systems, and was founder, CFO and director of Cignal Global Communications, Inc.
Gateway Mortgage Group announced Alan Ferree as its new President. Ferree joined Gateway in 2010 as Chief Financial Officer. Replacing Ferree as CFO is Patrick McGowan. Mr. McGowan’s career spans 17 years where he held senior level executive positions for Texas Capital Bank, Centex Home Equity Corporation, Highlands Bank and most recently he was EVP and CFO for Collin Bank.
Matrix Systems has named Kelly Cain as the company’s Chief Financial officer. Prior to joining Matrix Systems, Cain served as Vice President, Sales Operations for Robert Bosch Tool Corp. Previously, she was Chief Financial Officer at CST/berger. During her career, she also held Controller positions at Affiliated Computer Services, Netifice Communications and Remington Medical.
Advanced Cell Technology (OTC: ACTC) announced that Gary Rabin will leave the Chief Executive Officer position. The board has appointed the Company’s CFO and Executive Vice President of Corporate Development, Edward Myles, as interim President.
MemorialCare Health System in Southern California named Karen Testman as its new Chief Financial Officer. Testman, with more than 20 years of health care experience, was most recently MemorialCare’s Senior Vice President of Financial Operations, becoming the Chief Financial Officer (CFO) in late 2013. Since joining MemorialCare in 1998, she has been the CFO at Orange Coast Memorial Medical Center in Fountain Valley and Saddleback Memorial Medical Center in Laguna Hills and San Clemente. Prior to leadership roles at MemorialCare, she spent five years in public accounting as an auditor and began her career as a registered nurse.
Epic Sciences announced the appointment of Michael Rodriguez as chief financial officer. Prior to joining Epic Sciences, Mr. Rodriguez served as chief operating officer of Clarient Diagnostic Services. Prior to his promotion to COO, he served as CFO, facilitating its sale to GE Healthcare. Prior to Clarient, Mr. Rodriguez served as senior vice president and chief financial officer of Endocare, executive vice president and chief financial officer of Directfit, and senior financial capacities for Tickets.com, and EDiX Corporation.
FirstLight Fiber announced the appointment of Gary Kraemer as its new Chief Financial Officer and Senior Vice President. Mr. Kraemer will assume the CFO role previously held by Sean Socha. After three successful years as CFO for FirstLight, Mr. Socha is relocating back to his hometown to care for his extended family. Prior to FirstLight, Mr. Kraemer was the Vice President and CFO of Fidelis Security Systems from 2008 through its recent acquisition by General Dynamics. Mr. Kraemer’s experience includes Senior Finance and CFO positions with multiple growing technology companies, including Data General, Bay Networks, Sandburst Corporation and Moldflow. Mr. Kraemer began his career at Price Waterhouse.
Concert Pharmaceuticals, Inc. announced the appointment of Ryan Daws as Chief Financial Officer. Prior to joining Concert he was a Director in the Healthcare Investment Banking Group from 2010 to 2013 at Stifel, Nicolaus & Company, Inc. From 1999 to 2010, he served in positions of increasing responsibility within the Healthcare Investment Banking Group of Cowen and Company, LLC.
Mt. Macrina Manor in Uniontown, Pa. has hired Edward Rutledge as chief financial officer. Formerly, Rutledge held the role of chief financial officer at Centre Crest Nursing Home, a 240-bed facility in Bellefonte, Pa. He previously was the regional controller for Grane Healthcare Company in Pittsburgh, Pa. Rutledge also served as fiscal director for Washington County Health Center in Washington, Pa.
FTI Consulting, Inc. (NYSE: FCN) announced that the appointment of Nicholas C. Fanandakis as a director of the Company. Mr. Fanandakis is the Executive Vice President and Chief Financial Officer of E. I. du Pont de Nemours and Company (“DuPont”), assuming that position in November 2009. Prior to becoming Chief Financial Officer in November 2009, he served as Group Vice President of DuPont Applied BioSciences from 2008 to 2009. He also served as Vice President and General Manager of DuPont Chemical Solutions Enterprise from 2003 until February 2007 when he was named Vice President of DuPont Corporate Plans. Mr. Fanandakis joined DuPont in 1979.
Post University announced that Richard Volk, has been named Chief Financial Officer of the University. Scott Allen, who has served as CFO since 2011 and has held a number of other essential positions at Post for the last 15 years, has assumed the role of Chief Administrative Officer. Prior to joining Post, Mr. Volk served as the Vice President of Budgeting, Planning, and Analysis at Grand Canyon University. He also spent five years in the U.S. Navy and worked in various senior financial roles in the telecommunications industry.
JTH Holding, Inc. (NASDAQ: TAX), the parent company of Liberty Tax Service, announced that Kathleen Donovan will assume the position of Chief Financial Officer (CFO). As previously announced, the Company is restructuring the CFO position and Ms. Donovan’s hiring completes that process. Mark Baumgartner, the Company’s current CFO, will continue in his role of Chief Executive Officer of the Company’s JTH Financial subsidiary as planned. Ms. Donovan has over 30 years of financial experience including 12 years as a CFO, most recently with Catapult Learning, LLC. Previously, she served as the CFO for Medquist, Inc. and Dendrite International and also held various finance positions with Unisys.
Inteliquent, Inc. (NASDAQ: IQNT) announced that Kurt Abkemeier has been appointed Chief Financial Officer and Executive Vice President. Eric Carlson, Inteliquent’s interim principal financial officer and interim principal accounting officer from August 2013 until Mr. Abkemeier’s appointment, will continue to serve as Inteliquent’s Controller. Prior to joining Inteliquent, Mr. Abkemeier served as the Vice President of Finance and Treasurer of Cbeyond, Inc. from 2005 to 2012. Prior to Cbeyond, Inc., Mr. Abkemeier was the Director of Finance and Strategic Planning at AirGate PCS, Inc. Mr. Abkemeier also held various senior management positions within telecommunications-related companies and was a senior sell-side research analyst at J.P. Morgan & Co. analyzing telecommunications companies.
Link Staffing Services announced that Former Chief Financial Officer for the organization, Greg Mabry was named President of following the retirement of former president Frank Mastalski on December 31. Mabry took over as President on Wednesday, January 1 according to a company spokesperson. Mabry has spent the past two-and-a-half years as CFO for Link Staffing. Prior to his service with Link Staffing, he served as Treasurer for MMI Products and as CFO for Merchant Metals, a division of CRH Oldcastle. His background includes additional financial leadership roles in other notable organizations such as International Paper Company, Mitchell Energy and Development Corp., and Conoco Chemicals Company.