CFO Moves this week include:
|Major League Baseball||Velcro Industries||Callaway Golf Company|
|Reynolds American Inc.||Halliburton Company||The Permanente Federation|
|Synaptics Inc.||Satori Capital||Bemis Company, Inc.|
|Materion Corporation||AmeriMerchant||Cintas Corporation|
|Avalon Holdings Corporation||Cooper Tire & Rubber Company||Surgical Specialties, Inc.|
|Daniel’s Jewelers||Basho Technologies||Era Group Inc.|
|ARCA biopharma, Inc.||Proto Labs, Inc.||Royce & Associates, LLC|
|LogRhythm||Frank’s International N.V.||Powervation Ltd|
|Goodman Networks Incorporated||Razer™||Bellicum Pharmaceuticals, Inc.|
|Genesco Inc.||Aspen Insurance Holdings Limited||Lombard Medical, Inc.|
|Pope Resources||Synopsys, Inc.||Seven Arts Entertainment Inc.|
|Batu Biologics||PCTEL, Inc.||Sandspring Resources Ltd.|
|The Duluth Seaway Port Authority||Wunderlich|
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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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Major League Baseball announced that Jonathan Mariner, currently Executive Vice President, Finance & Chief Financial Officer, will become MLB’s Chief Investment Officer. Bob Starkey of Starkey Sports Consulting, will become MLB’s Chief Financial Officer & Senior Advisor. Since 1991, Starkey has advised MLB on industry economic matters, such as its debt-service rule, revenue sharing system and other aspects of collective bargaining. Starkey has consulted with various professional sports franchises and has worked on several new stadium projects, including all aspects of the development of Target Field in his hometown of Minneapolis.
Velcro Industries announced that Fraser Cameron, formerly Chief Financial Officer, has been appointed President and Chief Executive Officer. Cameron joined Velcro Industries in 2010 as Chief Financial Officer and MD of Velcro Holdings B.V. Prior to joining Velcro Industries, Cameron worked for Macquarie Capital in its private equity group. He began his career at the management consultancy, McKinsey & Company.
Callaway Golf Company (NYSE: ELY) reported that Bradley J. Holiday, Senior Executive Vice President and Chief Financial Officer, has announced his plans to retire in 2015. The Company plans to conduct a search for his successor in early 2015. Mr. Holiday has served as the Company’s Chief Financial Officer since August 2000.
Reynolds American Inc. (NYSE: RAI) announced that Andrew D. Gilchrist, executive vice president, will be promoted to executive vice president and chief financial officer effective March 1, 2015. Thomas R. Adams, the company’s current executive vice president and chief financial officer, will begin transitioning the CFO role to Gilchrist in January, ensuring a smooth transition for Gilchrist as he steps into the role in March. Thereafter, Adams plans to retire from RAI. Adams has served as RAI’s CFO since 2008, and also serves as chief information officer of RAI Services Company. Gilchrist will assume that responsibility as well in March. Gilchrist served as president and chief commercial officer of R.J. Reynolds Tobacco Company from January 2011 until October 2014. Prior to that, Gilchrist served as executive vice president and CFO of R.J. Reynolds and chief information officer of RAI Services Company. He joined Brown & Williamson Tobacco Corp. in 1997, and held a number of management positions at both Brown & Williamson and British American Tobacco before joining Reynolds American and its operating companies as part of the business combination in 2004.
Halliburton Company (NYSE: HAL) announced its has appointed Executive Vice President and Chief Financial Officer Mark McCollum to the new role of Executive Vice President and Chief Integration Officer. In this capacity, he will serve as head of the Joint Integration Team that Halliburton and Baker Hughes Incorporated (NYSE: BHI) are assembling in connection with Halliburton’s pending acquisition of Baker Hughes. Christian Garcia, Senior Vice President and Chief Accounting Officer, will become Senior Vice President of Finance and assume Mr. McCollum’s CFO responsibilities on an interim basis. It is anticipated that Mr. McCollum will resume his CFO duties at the conclusion of the two companies’ integration. The new roles are effective January 1, 2015.
The Permanente Federation announced that Claire Tamo has joined as chief financial officer. Prior to joining the Federation, Tamo served as senior vice president of Finance and Support Services for University HealthCare Alliance, the medical foundation created for Stanford Hospital and Clinics in 2010. Additionally, Tamo spent 15 years at Sutter Health in finance leadership roles for medical foundations, home health/hospice, corporate information technology and hospital affiliates. Earlier in her career, Tamo served as a business consultant at Kaiser Permanente.
Satori Capital announced that Willie Houston, who most recently served as senior director of financial operations at TPG, has joined the firm as chief financial officer. Prior to joining TPG, Mr. Houston was a member of Ernst & Young’s business advisory services team. Mr. Houston has significant operational experience, including positions with BNSF Railway, Lockheed Martin, and AT&T earlier in his career.
Bemis Company, Inc. (NYSE: BMS) announced that it has elected Michael B. Clauer to the position of Vice President and Chief Financial Officer. Clauer joins Bemis from BWAY Corporation, a supplier of metal and rigid plastic containers, where he had been Executive Vice President and Chief Financial Officer since 2009. Before joining BWAY, he held a number of positions with increasing responsibility at Apogee Enterprises, Inc., including Chief Financial Officer, Executive Vice President of Operations, and President of several business units. Previously, Clauer served as Chief Financial Officer at Open Port Technology and at Budget Group Inc. and also held various financial positions at PepsiCo.
Materion Corporation (NYSE: MTRN) announced that Senior Vice President, Finance and Chief Financial Officer John D. Grampa plans to retire from the Company prior to the end of 2015, following 17 years of service with Materion. The Company’s Board of Directors has appointed Joseph P. Kelley to succeed him as Vice President, Finance and Chief Financial Officer, and his appointment will be effective January 1, 2015. Mr. Kelley has served as Vice President, Finance, a position he assumed in October 2013. Mr. Kelley joined Materion in December 2011 as Vice President, Finance for the Advanced Materials Group. Prior to joining Materion, Mr. Kelley had been Vice President of Planning and Investor Relations at PolyOne Corporation in Avon Lake, Ohio. Earlier, he served in progressively responsible financial management positions in North America and Europe with Lincoln Electric, CNH Global NV, Lante Corporation and PwC.
AmeriMerchant announced that William Franey has joined the company as Chief Financial Officer (CFO). Prior to joining AmeriMerchant, Franey served as Vice President of Finance at NYSE Euronext (New York Stock Exchange), a global operator of financial market and trading solutions. Previously, Franey was Corporate Controller at NYFIX Inc. (acquired by NYSE Euronext in November 2009), and Controller at Tullett Prebon.
Cintas Corporation (NASDAQ: CTAS) announced that Senior Vice President of Finance and Chief Financial Officer, William C. Gale will retire on January 31, 2015. Gale will be replaced at that time by J. Michael Hansen, currently Vice President and Treasurer. Hansen joined Cintas’ Finance Department in 1995 and has held numerous positions across the corporation including Operations General Manager and Corporate Controller. He has served as Vice President and Treasurer since 2010. Prior to joining Cintas, Hansen worked at Ernst & Young and Rockwell International.
Avalon Holdings Corporation (NYSE: AWX) announced that Bryan P. Saksa has been hired as Treasurer and Chief Financial Officer replacing Timothy C. Coxson. Mr. Saksa previously held financial accounting and reporting positions at Myers Industries, Inc. and TransDigm Group, Inc.
Cooper Tire & Rubber Company (NYSE: CTB) announced that it has appointed Ginger M. Jones to the position of Vice President and Chief Financial Officer. Jones succeeds Brad Hughes, who in July of this year was appointed President of the company’s International Operations. Jones joins Cooper from Plexus Corp. At Plexus, Jones served as Chief Financial Officer for seven years, having been named Vice President and Chief Financial Officer in 2007 and advancing to Senior Vice President and Chief Financial Officer in 2011. Prior to joining Plexus, she was with Banta Corporation for five years as its Vice President and Corporate Controller. Before Banta, Jones was Director of Finance for the Drive Logic Division of CCC Information Services Group, Inc., and was Chief Financial Officer for Choice Parts, LLC, a joint venture between ADP and The Reynolds and Reynolds Company. Earlier in her career, Jones held other accounting and financial positions with Reynolds and Reynolds, O-Cedar Brands, Inc. and Deloitte & Touche. Jones is a member of the board of directors of Libbey Inc., and is currently serving on the compensation committee and as chair of the audit committee.
Surgical Specialties, Inc. announced that Daniel (Dan) Sutherby has joined as Chief Financial Officer (CFO). Most recently he spent 6 years at IQuum. Prior to IQuum, Dan was CFO of Abiomed, Inc. Prior to Abiomed, Dan spent approximately 8 years at PerkinElmer, Inc. in a variety of senior corporate and operational finance roles as well as investor relations and corporate communications.
Daniel’s Jewelers announced that Joseph Donaghy has joined the company as its new Chief Financial Officer. Prior to joining Daniel’s, Mr. Donaghy served as Executive Vice President, Chief Administrative Officer, Chief Financial Officer, and member of the Board of Directors of Ultra Jewelers, prior to and immediately after the acquisition of Ultra Jewelers by the Signet Group. Prior to Ultra, Mr. Donaghy served in senior operating positions at Friedman Jewelers and Chief Financial Officer of Crescent Jewelers.
Basho Technologies announced that Amy Kelleran Pelly has joined the company as chief financial officer. Most recently she was the CFO and VP of business operations at Doxo. Prior to that, Pelly was the CFO at Gist where she was a key member of the team, which sold Gist to Blackberry in 2011. Earlier, Pelly was the CFO of Tegic (subsidiary of AOL acquired by Nuance), VP of finance and business operations of AOL’s wireless division, CFO of Wildseed (acquired by AOL) and held multiple financial management roles, including interim-CFO, during her eight-year tenure at Onyx Software, which went public in 1999.
Era Group Inc. (NYSE: ERA) announced that it has appointed Christopher S. Bradshaw as Chief Executive Officer. Mr. Bradshaw has been serving as Acting CEO since August 2014 and has served as the company’s Chief Financial Officer since October 2012.
ARCA biopharma, Inc. (NASDAQ: ABIO) announced that Patrick Wheeler, ARCA’s Chief Financial Officer, has notified ARCA of his intent to leave the company in order to pursue other career opportunities after having served ARCA for 9 years.
Proto Labs, Inc. (NYSE: PRLB) announced the appointment of John A. Way as its Chief Financial Officer. He replaces Jack Judd who announced in July 2014 his intention to retire as CFO by year-end. Mr. Way was most recently the Chief Financial Officer of Univita. Prior to that, he was the CFO of Virtual Radiologic. Mr. Way also worked in senior financial positions at several divisions within UnitedHealth Group. He was the CFO of Optum Collaborative Care. During his tenure at United Health, Mr. Way also served as the CFO of SecureHorizons, OptumHealth, and was a director in the corporate development group.
Royce & Associates, LLC announced that Peter K. Hoglund joined the firm as Principal, Chief Financial Officer, and Chief Administrative Officer. Mr. Hoglund spent nearly 20 years with The Munder Funds in Birmingham MI, serving most recently as Managing Director and Chief Financial Officer. He began his career at Munder as a portfolio manager.
LogRhythm announced that Todd Headley, the former chief financial officer of Sourcefire, has been appointed to the LogRhythm board of directors. Headley served as an executive at Sourcefire from 2003 until its acquisition by Cisco in October of 2013. From 1992 to 2003, Headley held key financial management positions in four venture-backed technology start-ups, each of which was ultimately acquired: Riverbed Technologies, Roadshow, BioNetrix and POMS.
Frank’s International N.V. (NYSE: FI) announced that Jeffrey J. Bird has been appointed the Company’s Executive Vice President and Chief Financial Officer. He was most recently Chief Financial Officer for Ascend Performance Materials in Houston. Before joining Ascend, Mr. Bird served in a variety of accounting and finance roles primarily in the industrial manufacturing sector, including serving as a division Chief Financial Officer at Danaher Corporation and Oshkosh Corporation. John Sinders, who temporarily assumed the role of interim Chief Financial Officer in July 2014, will continue to serve as Executive Vice President, Administration.
Powervation Ltd. announced that it has appointed Rick Santos as its new Vice President and Chief Financial Officer. Most recently Rick served as Vice President and CFO of Validity Sensors, Inc. Rick has also held CFO and senior financial management positions with a variety of other technology companies, including, Intel Corporation, VxTel (acquired by Intel), Exar Corporation, and Fundamental Software.
Goodman Networks Incorporated announced the appointment of Craig E. Holmes as its new chief financial officer. Mr. Holmes assumes the CFO role from interim CFO Geoff Miller. Holmes joins Goodman from Sizmek, Inc. & Digital Generation, Inc., where he served as executive vice president and chief financial officer. Prior to his role at Sizmek, Inc. and Digital Generation, Inc., Holmes served as the CFO at Quickoffice Inc. In addition, he previously was CFO at Intervoice and at EXCEL Communications. Mr. Holmes currently serves as a member of the board of directors and chairman of the Audit Committee at Independent Bank Group, and as a member of the board of directors of Hobi International, Inc.
Razer announced that Gideon Yu has joined its board of directors. Gideon Yu is the co-owner and former president of the San Francisco 49ers. Prior to the 49ers, he was a general partner at Khosla Ventures, where he led the firm’s investment in Jack Dorsey’s Square and was the founding outside board member. Previously, Mr. Yu served as the chief financial officer of both Facebook and YouTube, the first two internet companies to achieve one billion active users. He also served as the treasurer and senior vice president of Finance for Yahoo.
Bellicum Pharmaceuticals, Inc. announced that Alan Musso has been appointed as Chief Financial Officer and Treasurer. He was most recently Senior Vice President, Finance and Administration, CFO and Treasurer, at Targacept, Inc. Prior to being CFO at Targacept, Inc., he began his career working in the public accounting field at KPMG and later held positions of increasing responsibility with Pfizer.
Genesco Inc. (NYSE: GCO) announced that James S. Gulmi, senior vice president and chief financial officer, has made the decision to retire from the role of chief financial officer at the end of its current fiscal year. Gulmi, who has served as Genesco’s chief financial officer since 1986, and who joined the Company in 1971, is expected to continue as senior advisor to the Company for at least the next year. He will be succeeded as chief financial officer by Mimi E. Vaughn, the Company’s current senior vice president – strategy and shared services. Prior to joining the Company, Vaughn was executive vice president of business development and marketing and acting chief financial officer for Link2Gov Corporation in Nashville. From 1993 to 1999, she was a consultant at McKinsey & Company, based in Atlanta. Before joining McKinsey, Vaughn held corporate finance positions at Goldman, Sachs & Company, Wasserstein Perella & Company, Inc., and Drexel Burnham Lambert.
Aspen Insurance Holdings Limited (NYSE: AHL) announced that Scott Kirk has been promoted to the position of Group Chief Financial Officer of the Company. Scott Kirk succeeds John Worth, who will be leaving Aspen. Scott Kirk joined Aspen as the Group Financial Controller in 2007 and then assumed the role of Group Head of Finance in 2009, until becoming the CFO of Aspen’s insurance business, Aspen Insurance, in 2011. Before joining Aspen, Scott spent seven years in senior finance positions in various insurance companies.
Lombard Medical, Inc. (NASDAQ: EVAR) announced the appointment of William J. Kullback as chief financial officer (CFO). His experience includes CFO positions at medical technology companies ActivStyle, Inc., Angeion Corporation, IntriCon Corporation and MedSource Technologies, Inc. Most recently, he served as partner, chief financial officer and chief compliance officer of Integris, LLC. Mr. Kullback replaces exiting CFO Ian Ardill.
Pope Resources (NASDAQ: POPE) announced the appointment of Thomas M. Ringo as the Partnership’s permanent Chief Executive Officer and member of the Board of Directors. Mr. Ringo has been serving as the interim Chief Executive Officer since May 31, 2014 and has served as the Partnership’s Chief Financial Officer since 2000. He has been a member of the Partnership’s management since 1989.
Synopsys, Inc. (NASDAQ: SNPS) announced that Brian Beattie has been promoted to executive vice president, business operations and chief administrative officer. Trac Pham, Synopsys’ vice president of corporate finance, has been appointed chief financial officer. Pham joined Synopsys as vice president of financial planning and strategy in 2006 and for the past two years has also been responsible for the tax and treasury organizations.
Seven Arts Entertainment Inc. (OTC: SAPX) announced the appointment of Rachel Boulds as the Company’s new Chief Financial Officer. Prior to joining the Company, Ms. Boulds has been engaged in private practice as an accountant and consultant. From August 2004 through July 2009, she was employed as an audit senior for HJ & Associates, LLC. From 2003 through 2004, Ms. Boulds was employed as an audit senior for Mohler, Nixon and Williams. From September 2001, through July 2003, Ms. Boulds worked as an ABAS associate for PriceWaterhouseCoopers. From April 2000 through February 2001, she was employed an eCommerce accountant for the Walt Disney Group’s GO.com division. The Company also announced the resignation of Robert La Salle, its former Chief Financial Officer.
Batu Biologics announced the appointment of Gerry Berg as Chief Financial Officer. Mr. Berg has served a number of public companies as their Chief Executive Officer, President, Chief Financial Officer or as a financial consultant. He has also served on the Board of Directors for a number of public companies.
PCTEL, Inc. (NASDAQ: PCTI) announced that Jay Sinder has been elected to the company’s Board of Directors. Mr. Sinder has served as the CFO of Focal Communications as well executive and senior positions at Telephone and Data Systems, IBM, MCI, Ameritech and several venture-backed companies.
Sandspring Resources Ltd. (TSX-V: SSP) announced that Robert Suttie has accepted appointment as the Company’s part-time Chief Financial Officer serving on a contractual basis. Mr. Suttie has more than sixteen years of experience, ten of which were in public accounting prior to his current association with the MSSI Accounting and Reporting Services, which is part of the Marrelli Group of Companies. Mr. Suttie also serves as Chief Financial Officer to a number of junior mining companies listed on the TSX and TSX Venture exchanges. The Company further announces that Scott Issel has resigned as Chief Financial Officer of Sandspring to pursue other interests.
The Duluth Seaway Port Authority named a new Chief Financial Officer, Kevin Beardsley. Beardsley succeeds John Kubow, who is retiring after a 28-year career with the Port Authority. Most recently, Beardsley has been part of the management team at Midwest Energy Resources Co. in Superior, Wis., serving as the company’s manager of financial services since 2008.
Wunderlich announced that Stacy M. Hodges has been named Chief Financial Officer of Wunderlich Investment Company, the holding company for Wunderlich Securities. Ms. Hodges has 20 years of financial services industry experience, primarily with Dallas-based Southwest Securities, in addition to a background in public accounting. Hodges joined Southwest Securities in 1994 as controller, following nine years in public accounting with KMPG LLP. In 2002, she became Executive Vice President and Chief Accounting Officer of Southwest, a position she held for eight years before being promoted to CFO. Hodges left Southwest in late 2013 when she was named Executive Vice President and Chief Accounting Officer for Nationstar Mortgage.