CFO Moves this week include:
|Twitter, Inc.||Autodesk, Inc.||Salesforce.com|
|Cooper Tire & Rubber Company||American Express Global Business Travel||Bank of Bird-in-Hand|
|Silicor Materials, Inc.||Tile Shop Holdings, Inc.||j2 Global, Inc.|
|Elkay Manufacturing||Grandparents.com, Inc.||Gilt|
|GlobalLogic||Nanomix Inc.||The First Marblehead Corporation|
|Signet Jewelers Limited||Cellular Dynamics International, Inc.||Bear State Financial, Inc.|
|Foundation Healthcare, 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 email@example.com or by phone at +1 (415) 738-2070.
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Twitter, Inc. announced that Mike Gupta, Chief Financial Officer, will be assuming the role of Senior Vice President, Strategic Investments within the next 30 days. Twitter’s board of directors has appointed Anthony Noto as its Chief Financial Officer (“CFO”) to replace Mr. Gupta effective as of a date within the next 30 days. Mr. Noto served as a Managing Director in the Technology, Media and Telecom Investment Banking Group at Goldman, Sachs & Co. from October 2010 to June 2014. Mr. Noto served as Co-Head of Goldman Sachs’ Technology, Media and Telecom Investment Banking group from September 2011 to May 2014. From February 2008 to September 2010, Mr. Noto served as the CFO of the National Football League. From May 1999 to January 2008, Mr. Noto served in various roles at Goldman Sachs, including as the Internet and Media Equity Research Analyst and the head of the Communication, Media and Entertainment Equity Research Team.
Autodesk, Inc. (NASDAQ: ADSK) announced the resignation of Mark Hawkins, the company’s executive vice president and chief financial officer. After more than five years at Autodesk, Hawkins is leaving the design and engineering software leader at the end of July to become chief financial officer at salesforce.com.
Salesforce.com (NYSE: CRM) announced that Mark Hawkins will join the company as Chief Financial Officer, effective August 1, 2014. Hawkins joins salesforce.com from Autodesk, Inc., where he served as CFO and executive vice president since 2009. He has more than 30 years of experience with leading companies including Autodesk, Logitech, Dell, and Hewlett-Packard. Current salesforce.com CFO Graham Smith, whose planned retirement was announced earlier this year, will remain employed full-time by the company as an advisor until March 31, 2015, to ensure a seamless transition. Smith has been salesforce.com’s CFO since 2008. Prior to joining Autodesk, Hawkins was CFO and senior vice president of finance & IT at Logitech International SA. From 2000 and 2006, Hawkins held various finance roles at Dell Inc., where he served as vice president of finance for the company’s multibillion-dollar Worldwide Procurement and Logistics organization, and vice president of finance for Dell’s U.S. Home Segment. Prior to Dell, Hawkins spent nearly 19 years at HP where he held a variety of finance and business management roles. Hawkins serves on the Board of Directors of Plex Systems. He was previously a member of the Board of Directors of BMC Software from 2010 until BMC was taken private in 2013.
Cooper Tire & Rubber Company (NYSE: CTB) announced that Chief Financial Officer (CFO) Brad Hughes has been appointed President—International Operations. In the near-term, Hughes will continue to serve as CFO in addition to his new position while Cooper conducts an executive search for his successor in the CFO role. Hughes joined Cooper in 2009 as Vice President and Chief Financial Officer. Formerly a 23-year employee of Ford Motor Company in Dearborn, Mich., Hughes previously worked as Global Product Development Controller for Ford in Dearborn; as Finance Director for Ford’s South America Operations in Sao Paulo, Brazil; as Director of European Business Strategy and Implementation in Cologne, Germany; as European Manufacturing Controller, also in Cologne; and in other corporate finance and treasury positions. Prior to joining Ford, Hughes worked for Fruehauf Finance Corp.
American Express Global Business Travel has named Norma Corio as Chief Financial Officer. Most recently, Ms. Corio served as Co-President and a Managing Director of Miller Buckfire. Prior to joining Miller Buckfire, Ms. Corio spent 30 years working at JPMorgan Chase & Co., most recently serving as Head of the Special Investments Group. In August 2008, Ms. Corio was appointed Treasurer of JPMorgan Chase. Previously, she was Head of Restructuring in the firm’s Investment Banking division. Ms. Corio also held positions in corporate finance and lending, investor relations, and credit and risk management.
Bank of Bird-in-Hand announced that Lori A. Maley was appointed Interim President and Chief Executive Officer. In addition, she will continue to serve as Executive Vice President and Chief Financial Officer.
Silicor Materials, Inc. has appointed Craig Wellen as its new Chief Financial Officer. Wellen previously served as CFO of smart grid solutions provider BPL Global, Ltd. Prior to BPL Global, Wellen served as an energy-focused investment banker including as one of the founding partners of Greentech Capital Advisors, as well as a senior investment banker at Citigroup and Societe Generale.
Tile Shop Holdings, Inc. (NASDAQ: TTS) announced the appointment of Kirk Geadelmann as its new Chief Financial Officer. Mr. Geadelmann will transition into the role on August 12, 2014, succeeding CFO Timothy C. Clayton, who has resigned his position to accept an executive position with another company. Mr. Clayton will remain with the Company until mid-August to ensure a smooth transition of responsibilities. Prior to joining the Company, Mr. Geadelmann worked for 14 years at Best Buy, Inc., most recently serving as the corporate and international controller. Prior to Best Buy, he held roles with BMC Manufacturing, Arthur Andersen, Allianz Insurance and Coopers & Lybrand, where he earned his CPA certification.
j2 Global, Inc. (NASDAQ: JCOM) announced that j2 Global’s current President and former CFO, R. Scott Turicchi, will assume the role of Chief Financial Officer effective with Kathleen Griggs’ departure from her position as Chief Financial Officer and Treasurer of j2 Global on August 8, 2014, for personal reasons.
Elkay Manufacturing announced that John M. Pendergast will be joining the company as Chief Financial Officer, effective July 14, 2014. Prior to joining Elkay, John was with Broan-NuTone Group, where he has served as Group Senior Vice President and Chief Financial Officer since 2001. Prior to Broan-NuTone Group, he served as Chief Financial Officer for eBizMix, a division of Hallmark Cards, eFunds /Deluxe Data, a division of Deluxe Checks and Amity Leather Products.
Grandparents.com, Inc. (OTC: GPCM) announced that Joseph Bernstein, Co-CEO, CFO, Treasurer and Director, has retired from the Company. The company has hired Riaz Latifullah as its new Chief Financial Officer. Mr. Latifullah joins Grandparents.com from AARP. He most recently served as Director of Brand Operations at AARP and previously served as Vice President, Financial Management & Operations for AARP Services (AARP’s for-profit subsidiary). Prior to joining AARP, Mr. Latifullah was General Manager of TV on the Web, an Internet video company; a government relations representative for the U.S. Merchant Marine Academy Alumni Foundation; and an Investment Banking Associate at Ryan, Lee & Co.
Gilt announced the appointment of Adrianne Shapira to the company’s Board of Directors. Ms. Shapira has served as the Chief Financial Officer of David Yurman since 2012. Prior to joining David Yurman, Ms. Shapira had a 13-year tenure at Goldman Sachs, where she was Managing Director in Global Investment Research covering the Broadlines Retail sector.
GlobalLogic announced that Anna Brunelle has joined the company as CFO. Ms. Brunelle will be based at GlobalLogic headquarters in San Jose. Ms. Brunelle spent eight years at TiVo, the last five as CFO. Prior to that, Ms. Brunelle worked at BroadVision as VP of Finance and also completed two successful IPOs with Roxio and Sunrise Telecom.
Nanomix Inc. announced the appointment of Brian Jung as Vice President of Finance and Chief Financial Officer. Mr. Jung’s 20 years of financial and healthcare experience includes roles as Chief Business Development Officer at Alameda Hospital and Chief Financial Officer at Cal eConnect as well as management level financial positions with Kaiser Permanente, Blue Shield of California, United Behavioral Health, and McKesson HBOC.
The First Marblehead Corporation (NYSE: FMD) announced that Alan Breitman will be joining the Company’s leadership team as Chief Financial Officer, Chief Accounting Officer and Managing Director, effective August 4, 2014. Mr. Breitman will be joining the Company from Corporate Fuel Advisors, LLC, where he has served as a Managing Director since 2006. Previously, he held various executive positions, including Chief Financial Officer at the privately held Metro Lights Advertising, LLC from 2001 to 2006 and Chief Financial Officer at the privately held TechSpace, Inc. from 2000 to 2001. Earlier, he served as Vice President Finance and Accounting and Treasurer at the publicly traded Registrer.com, Inc.
Signet Jewelers Limited (NYSE: SIG) announced that Ronald Ristau resigned from his position as Chief Financial Officer, effective July 31, 2014, and Michele Santana, currently Signet’s Senior Vice President and Controller, has been promoted to Chief Financial Officer Designate. Ms. Santana will succeed Mr. Ristau as Chief Financial Officer of Signet following his departure. Ms. Santana joined Signet in 2010 and has served as Senior Vice President and Controller since that time. Prior to joining Signet, Ms. Santana held key leadership positions at KPMG LLP.
Cellular Dynamics International, Inc. announced that David S. Snyder gave notice of his resignation as Executive Vice President and Chief Financial Officer of the Company, effective July 10, 2014. The Company has accepted Mr. Snyder’s resignation and appointed Timothy D. Daley as Vice President and Interim Chief Financial Officer of the Company (“CFO”). Mr. Daley has been a consultant to the Company since 2009, providing assistance to the Company with its preparation for its initial public offering in July, 2013 and with its financial reporting as a public company. Since 2004, he has provided part-time and interim CFO/Controller and SEC reporting services to several organizations through his firm Timothy Daley CPA LLC of which he is the sole principal. From 1998 to 2004 he held various finance positions, including Treasurer and Controller, at Sonic Foundry, Inc.
Bear State Financial, Inc. appointed Sherri R. Billings, formerly Executive Vice President and Chief Financial Officer of the Company, to serve as Executive Vice President and Chief Accounting Officer of the Company. Ms. Billings will continue to serve as the principal accounting officer of the Company. The Company appointed Matt Machen as Executive Vice President and Chief Financial Officer of the Company. Mr. Machen will serve as the Company’s principal financial officer. Mr. Machen joined the Company’s banking subsidiary, First Federal Bank, in 2011 as a Senior Vice President and has served as a Regional President of First Federal Bank since 2012. Prior to joining First Federal Bank, Mr. Machen worked for First Security Bank from 2005 to 2011 primarily serving as a Vice President.
Foundation Healthcare, Inc. (OTC: FDNH) announced the appointment of Hubert King to the position of Chief Financial Officer. Mr. King, previously served as Vice President and Chief Financial Officer of SoutheastHEALTH. Mr. King’s career includes other positions as Chief Financial Officer of hospitals and healthcare systems as well as public company experience as Vice President of a publically traded hospital services company with over $125 million in revenues.