CFO Moves this week include:
|American Water Works Company Inc.||Southern California Edison Company||Beats Electronics LLC|
|FMC Technologies||DJO Global, Inc.||Trust Company of America|
|HMS Holdings Corp||Andrews Federal Credit Union||General Employment Enterprises, Inc.|
|SafeNet, Inc.||BioNano Genomics||Brandywine Realty Trust|
|FARO Technologies, Inc.||Seaborn Networks||Sibling Group Holdings, Inc.|
|TNCI Operating Company LLC||1st Capital Bank||Saratoga Investment Corp.|
|Hologic, Inc.||RadiumOne||ValueVision Media, Inc.|
|Mediabistro Inc.||Baxano Surgical, Inc.||Callon Petroleum Company|
|Genius Brands International, 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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American Water Works Company Inc. (NYSE: AWK) announced that effective May 9, 2014, Linda G. Sullivan will become its senior vice president and chief financial officer. Sullivan is succeeding Susan Story, who will become American Water’s president and chief executive officer at the company’s annual meeting scheduled for May 9, 2014. Sullivan will join American Water on April 28, 2014 and will serve in an interim role to ensure a smooth transition to her new role as CFO as Story moves into her new CEO role. Sullivan has been CFO of Southern California Edison since 2009 and took on additional responsibility for operational support activities in 2012. Prior to becoming CFO, Sullivan was vice president and controller of both Edison International and Southern California Edison for five years. Sullivan was assistant controller of Edison International from 2001 through 2005. Prior to 2001, Sullivan held a variety of lead financial roles at a number of Edison International’s competitive businesses, including retail subsidiaries providing home security, energy efficiency, and operations and maintenance services; and a research and development start-up focused on distributed generation, smart grid technologies, solar rooftop installations and electric vehicle charging stations. From 1991 to 1996, Sullivan performed finance and accounting functions at the corporate level and within an operating business unit at the utility. Before starting her career at Edison International, Sullivan was a senior auditor with Arthur Andersen, LLP, for three years. Sullivan is the chair of the finance committee on the board of Crystal Stairs, Inc., a non-profit organization, and a member of the board of Executive Services Corps, serving nonprofits throughout southern California.
Southern California Edison Company (“SCE”) announced the resignation of Linda G. Sullivan from her position as chief financial officer of SCE to assume a position with another company. SCE Senior Vice President Stuart R. Hemphill has been appointed to serve as acting chief financial officer. Ms. Sullivan’s resignation and Mr. Hemphill’s appointment will become effective March 31, 2014. Mr. Hemphill has been SCE Senior Vice President for Power Supply since January 2011 and will retain his current position. He served as SCE Senior Vice President for Power Procurement from July 2009 to December 2010 and Vice President for Renewable and Alternative Power from March 2008 to June 2009. He joined SCE in 1987 as an engineer and has held various management positions.
Beats Electronics LLC announced that An De Vooght has been appointed Executive Vice President and Chief Financial Officer. Ms. De Vooght joins Beats after a 16 year career at Red Bull, where she was CFO of North America. Ms. De Vooght was most recently Vice President of Internal Audit. Prior to joining Red Bull, Ms. De Vooght held senior positions at Sony Cinema Products Corporation (SDDS) and Price Waterhouse.
FMC Technologies (NYSE: FTI) announced that Maryann T. Seaman has been appointed Executive Vice President. Seaman, who is the company’s Chief Financial Officer, has been with FMC Technologies for 28 years and has held a variety of financial, administrative and operational positions.
DJO Global, Inc. announced the appointment of Susan Crawford as the Company’s new Chief Financial Officer, effective March 31, 2014. Ms. Crawford joins DJO Global from Life Technologies Corporation, where she most recently served in a global leadership role as Vice President of Business Transformation. Life Technologies was acquired in February 2014, by Thermo Fisher Scientific for approximately $13.6 billion in equity value. Prior to that role, Ms. Crawford served as Vice President of Corporate Finance Planning and Analysis. Prior to joining Life Technologies in 2005, Ms. Crawford held CFO positions at companies including RealNames and POWERTV, as well as Head of Investor Relations and Financial Planning at Covad Communications.
Trust Company of America announced the appointment of Debbie Wapensky to the position of Chief Financial Officer. Debbie most recently served as Executive Vice President and CFO of Vectra Bank Colorado. She was recognized by the Denver Business Journal as CFO of the Year in 2008. Prior to Vectra Bank, Debbie served in senior positions at a variety of leading financial and technology companies. She began her career with Bank of America where she was a Vice President in the Corporate Development and Strategic Planning Department, supporting the CFO and other Group Executive Vice Presidents.
HMS Holdings Corp. (NASDAQ: HMSY) announced that Walter Hosp, Chief Financial Officer, will step down in June after seven years with the company to pursue other opportunities. Mr. Hosp has agreed to continue in his role through June 6, 2014 to ensure a smooth transition.
Andrews Federal Credit Union announced that it has named Todd Olszowy as its Chief Financial Officer. Prior to joining Andrews Federal Credit Union, Mr. Olszowy served as Vice President of Finance at Water and Power Community Credit Union. He has also held positions as CFO of the Financial Service Centers Cooperative (FSCC), as well as corporate controller of Crestline Funding Corporation, a mortgage banking company.
General Employment Enterprises, Inc. (NYSE MKT: JOB) announced that it has appointed Andrew Norstrud, its Chief Financial Officer, to the position of Chief Executive Officer, effective March 7, 2014. Mr. Norstrud has been the Chief Financial Officer since March 2013 and having assumed the responsibilities of Principle Executive Officer in November of 2013.
SafeNet, Inc. announced that Jon McCabe has been appointed to the position of Chief Financial Officer (CFO). He succeeds Mike Branca, who has left the company to pursue other opportunities. Mr. McCabe joined SafeNet in 2010, as vice president of financial planning and analysis. Prior to joining SafeNet, Jon held a similar financial role at McAfee, Inc., as well as various accounting, finance, and business operations roles at Verizon and Genuity prior to McAfee.
BioNano Genomics announced the appointment of Joel Jung as chief financial officer. Before joining BioNano Genomics, Mr. Jung was CFO of Agraquest, Inc. Prior to his role with Agraquest, Mr. Jung was CFO and treasurer of Celera Corporation. Previous to Celera, he held several executive financial positions with Chiron Corporation including vice president of Finance for the Blood Testing Division, and vice president and corporate treasurer.
Brandywine Realty Trust (NYSE: BDN) announced the appointment of Thomas E. Wirth as Executive Vice President and Chief Financial Officer of the Company in replacement of Howard M. Sipzner. Since December 2009, Mr. Wirth served the Company as Executive Vice President, Portfolio Management and Investments. From 2004 until 2009, Mr. Wirth served as President (2007-2009) and Chief Financial Officer of Feldman Mall Properties. From 1997 to 2004, he served first as the Vice President of Finance and later as Chief Financial Officer of SL Green Realty Corporation. Mr. Wirth has also served as Vice President of Financial Reporting and Analysis for Greenwich, Connecticut-based United Waste System, Inc., and spent ten years with Ernst & Young LLP in various positions, including Senior Manager.
FARO Technologies, Inc. (NASDAQ: FARO) announced that Peter G. Abram has been appointed Senior Vice President and Chief Financial Officer, effective March 31, 2014. Mr. Abram will replace Keith S. Bair as part of a planned transition in financial leadership. Mr. Bair will leave the Company to pursue other opportunities after the completion of a transition period. Mr. Abram was most recently with inVentiv Health Clinical LLC, serving as Chief Financial Officer, Phase II-IV, and previously held senior management positions at Styron LLC and MDS, Inc. following a number of advancing positions at PerkinElmer, Inc. and General Electric Capital. In addition to roles in financial leadership, Mr. Abram also served as Director of Global Sales Operations for PerkinElmer’s Life and Analytical Sciences division and gained significant international experience with Aeroquip-Vickers, Inc., spending two years living in Singapore.
Seaborn Networks announced that Roger Kuebel has been named Chief Financial Officer. Roger has previously worked extensively in the wholesale carrier and submarine cable industry with other members of Seaborn’s management team. The majority of Roger’s 25-year career has been in senior finance positions for some of the largest telecom companies, including Global Crossing, Genuity and GTE.
Sibling Group Holdings, Inc. (OTC: SIBE) announced that it has appointed Maurine Findley as its new Chief Financial Officer (CFO). Ms. Findley will also be joining the Sibling Group Board of Directors. Most recently she was CFO for Education Management, Inc. Immediately before that situation she was the CFO for Tall Oak Learning, LLC. Prior to that she held senior management and Board Member positions in a number of higher education and related educational operations groups including a nine years as Controller, then Treasurer for Corinthian Colleges. She has also held senior finance positions in publicly traded manufacturing and software development situations.
TNCI Operating Company LLC announced Bill Farwell as its new Chief Financial Officer. Over his expansive career, Farwell has worked for a mixture of companies including, Total Call International, VOCE Wireless, Spotlight Health and The Walt Disney Company. He has served as CFO for the last 10 years in the telecommunications industry.
1st Capital Bank (OTC: FISB) announced the hire of Michael J. Winiarski as the Bank’s Executive Vice President and Chief Financial Officer. Mr. Winiarski has more than thirty years of experience in the financial services industry, with this appointment’s being Mr. Winiarski’s fourth as a Chief Financial Officer for a commercial bank.
Saratoga Investment Corp. (NYSE: SAR) appointed Henri J. Steenkamp to serve as the Company’s Interim Chief Financial Officer and Interim Chief Compliance Officer. Mr. Steenkamp had served as the Chief Financial Officer of MF Global Holdings Ltd. from April 2011. Prior to that, Mr. Steenkamp held the position of Chief Accounting Officer and Global Controller at MF Global for four years. He joined MF Global, then Man Financial, in 2006 as Vice President of External Reporting and Accounting Policy. After MF Global filed for bankruptcy protection in October 2011, he continued to serve as Chief Financial Officer through January 2013. Before joining MF Global, Mr. Steenkamp spent eight years with PricewaterhouseCoopers (“PwC”), including four years in Transaction Services in its New York office. He spent four years with PwC in South Africa.
United Online, Inc. (NASDAQ: UNTD) announced that Neil P. Edwards, Executive Vice President and Chief Financial Officer terminated his employment with the Company. The Company appointed Michelle D. Stalick, the Company’s Senior Vice President and Corporate Controller, as the Company’s Chief Accounting Officer and Interim Chief Financial Officer. Ms. Stalick has been the Company’s Senior Vice President, Corporate Controller since October 2013, and prior to that, she was the Company’s Vice President, Corporate Controller since June 2012. Prior to that, she served as the Company’s Vice President, Financial Reporting from October 2008 to May 2012. She joined the Company in September 2002 as its Financial Reporting and Audit Manager, and served as its Director, Financial Reporting from August 2005 to September 2007. Prior to joining the Company, Ms. Stalick was a senior audit associate with PricewaterhouseCoopers LLP.
Hologic, Inc. (NASDAQ: HOLX) announced that Glenn Muir, Executive Vice President, Finance and Administration and Chief Financial Officer, will retire. Mr. Muir, who joined Hologic in October 1988 and has served as CFO since 1992 and Executive Vice President since 2000, will remain with Hologic through November 30, 2014 to help ensure a smooth transition.
RadiumOne announced the appointment of Anna Baird to its leadership team as Chief Financial Officer. Baird joins RadiumOne from Say Media where she was the Chief Financial Officer and Head of Operations and has previous experience as Managing Partner at Connor Group, Senior Vice President at McAfee and over 17 years at KPMG in Silicon Valley.
ValueVision Media, Inc. (NASDAQ: VVTV) announced the appointment of Lowell W. Robinson to its Board of Directors. Mr. Robinson served as the Chief Financial Officer and Chief Operating Officer of MIVA, Inc., an online advertising network, from August 2007 through March 2009. He joined MIVA in 2006 as Chief Financial Officer and Chief Administrative Officer. He had previously served as the President of LWR Advisors from 2002 to 2006 and as the Chief Financial Officer and Chief Administrative Officer at HotJobs.com from 2000 to 2002. He previously held senior financial positions at Advo, Inc., Citigroup Inc. and Kraft Foods, Inc. Mr. Robinson also serves as a director of The Jones Group and has served on the Board of Directors of Local.com Corporation from 2011 to 2012, the Board of Advisors for the University of Wisconsin School of Business from 2006 to 2010, the Board of Directors of International Wire Group, Inc., from 2003 to 2009, and the Board of Directors of Independent Wireless One, Diversified Investment Advisors and Edison Schools Inc. He is a member of the Smithsonian Libraries Advisory Board and the Board of the Metropolitan Opera Guild.
Mediabistro Inc. (NASDAQ: MBIS) announced that Donald O’Neill, Jr. notified the company that he is resigning as Vice President and Chief Financial Officer in order to pursue other career opportunities. Mr. O’Neill’s resignation will become effective on a date to be determined in April 2014.
Baxano Surgical, Inc. (NASDAQ: BAXS) announced that Tim Shannon has been appointed Chief Financial Officer. Tim Shannon joined Baxano Surgical in 2013 and has served as Interim Chief Financial Officer since September 2013. Previously, he was Vice President of Financial Reporting at Talecris Biotherapeutics and Chief Financial Officer and Treasurer at Harris Wholesale. He began his career at PricewaterhouseCoopers.
Callon Petroleum Company (NYSE: CPE) announced that, as part of a planned management transition, Joseph C. Gatto, Jr., Senior Vice President, Corporate Finance, has been appointed Chief Financial Officer and Treasurer, effective March 31, 2014. Mr. Gatto has served as Callon’s Senior Vice President, Corporate Finance since April 2012. Prior to joining the Company, Mr. Gatto was founder and Principal of MarchWire Capital, LLC. Previously, he served as a Managing Director at both Merrill Lynch & Co. and Barclays Capital. Bob Weatherly, who has served as a Director since 1994 and as Chief Financial Officer since 2006, will continue to serve as Corporate Secretary and Chief Administrative Officer.
Genius Brands International, Inc. (OTC: GNUS) appointed Richard Staves as its interim Chief Financial Officer. Mr. Staves previously served as the Chief Financial Officer of A Squared Entertainment LLC, which was acquired by the Company on November 15, 2013, from January 2011 to November 2011 and from June 2012 and November 2013. Richard Staves has served as the President of Cherry Creek Wealth Management since November 2013 and from January 2010 to October 2013 was the owner of Cambridge Financial Services. Prior to this position, Mr. Staves was a Senior Wealth Advisor for Wells Fargo Wealth Management Group from April 2008 to December 2009. Jeanene Morgan resigned from her position as Chief Financial Officer of the Company.