CFO Moves this week include:
|Macy’s, Inc.||DigitalGlobe, Inc.||Intrawest Resorts Holdings, Inc.|
|Krispy Kreme Doughnuts, Inc.||Texas Roadhouse, Inc.||Hawaiian Airlines|
|The Huntzinger Management Group, Inc.||The Schwan Food Company||Cimarron Energy, Inc.|
|SpareFoot||Corner Bakery Café||TigerLogic Corporation|
|The Providence Service Corporation||Unilife Corporation||AMRI|
|Unum Therapeutics||TriMas Corporation||99¢ Only Stores|
|Gazillion, Inc.||Oryzon Genomics SA||1to1 Card|
|Barney & Barney Insurance Services LLC||Electronic Cigarettes International Group, Ltd.||Frisbie Memorial Hospital|
|TD Ameritrade||Investors Bancorp, Inc.||USA Compression Partners, LP|
|RealNetworks, Inc.||United States Commodity Funds LLC||Credit Karma|
|Coveris S.A.||Talent Rover||Volt Information Sciences, Inc.|
|Home Financial Bancorp||Wipro Limited||Lee Enterprises, Incorporated|
|PROS®||Northwest Natural Gas Company||Taulia|
|NEMUS Bioscience, 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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Macy’s, Inc. (NYSE:M) announced that Leslie D. Hale, executive vice president, chief financial officer and treasurer of RLJ Lodging Trust, has been elected to the board of directors. Hale was promoted in April 2013 to executive vice president, chief financial officer and treasurer of RLJ Lodging Trust. Previously, she was RLJ’s chief financial officer and senior vice president for real estate and finance. Hale joined Bethesda, MD-based RLJ in 2005 after a successful career at GE Capital Corporation, a division of General Electric. She served in roles of increasing responsibility including vice president in the mergers and acquisitions group of GE Commercial Finance and associate director for GE Real Estate in its Strategic Capital Group. In addition to her experience at GE, Hale served as an investment banker at Goldman, Sachs & Co.
DigitalGlobe, Inc. (NYSE: DGI) announced that Gary W. Ferrera will become the company’s Executive Vice President and Chief Financial Officer by March 9, 2015. Fred Graffam, who has served as Interim Chief Financial Officer since September 2014, will remain in that role through that time. Graffam will resume full-time responsibility for DigitalGlobe’s Financial Planning & Analysis function when Ferrera joins the company. Ferrera joins DigitalGlobe with extensive experience as a public-company CFO at multiple firms. Most recently, he served as CFO at Denver-based Intrawest Resort Holdings. Prior to joining Intrawest, Ferrera was CFO of Madison, Wis.-based Great Wolf Resorts, and before that, served as CFO of Colorado-based National CineMedia. Earlier in his career, he served in investment banking roles at Citigroup and Bear Stearns, with the latter both in the U.S. and the United Kingdom. Additionally, he served as an international tax consultant with Arthur Andersen. Ferrera currently serves on the board of directors of Colorado Public Radio.
Intrawest Resorts Holdings, Inc. (NYSE: SNOW) announced the promotion of Travis Mayer to the position of Executive Vice President, Chief Financial Officer and Treasurer. Gary W. Ferrera has given his resignation in order to pursue another opportunity. Mr. Mayer joined Intrawest in 2007 and has served as Executive Vice President, Operations & Business Development since January 2014. Mr. Mayer has held various positions at Intrawest including Senior Vice President, Finance & Business Development, and Vice President, Financial Planning & Analysis. Mr. Mayer started his career with Intrawest at the Company’s Steamboat resort. Prior to joining Intrawest, Mr. Mayer was a member of the U.S. Ski Team for eight years and represented the United States at two Olympic Games, earning a silver medal in the 2002 Olympics.
Krispy Kreme Doughnuts, Inc. (NYSE: KKD) announced that Price Cooper will be joining Krispy Kreme as Executive Vice President later this month. Mr. Cooper will be appointed Chief Financial Officer following the Company’s filing of its Annual Report on Form 10-K in early April. Mr. Cooper will succeed Douglas R. Muir, who has served as Chief Financial Officer since June 2007 and who announced his retirement plans last year. Mr. Cooper previously served as chief financial officer of Texas Roadhouse, Inc. and prior to that was employed by Ruby Tuesday, Inc.
Texas Roadhouse, Inc. (NASDAQ: TXRH) announced that Price Cooper, Chief Financial Officer, has resigned to take on an expanded Chief Financial Officer position for Krispy Kreme Doughnuts, Inc. Cooper joined Texas Roadhouse in 2006 and was promoted to CFO in August of 2011. Texas Roadhouse also announced that in addition to his role as president, Scott Colosi will also serve as CFO in the interim. Colosi served as CFO of Texas Roadhouse from 2002 until his promotion to president in 2011.
Hawaiian Airlines, a subsidiary of Hawaiian Holdings, Inc. (NASDAQ: HA), has appointed Shannon Okinaka to the position of senior vice president and interim chief financial officer, filling a vacancy left by the departure of CFO Scott Topping. Okinaka has served as vice president – controller of Hawaiian Airlines since 2011. She joined the company as a senior director in charge of Sarbanes-Oxley compliance and special projects. Prior to joining Hawaiian Airlines, Okinaka worked for Hawaiian Electric Co. and Coopers & Lybrand/PricewaterhouseCoopers.
The Huntzinger Management Group, Inc. announced the appointment of David DiChiara as Chief Financial Officer. DiChiara joined HMG in 2010 and quickly progressed upward to the position of Controller. Prior to that, he worked for Chrysler Financial Mid-Atlantic and Northeast Business Centers, as a Dealer Relations Manager and Credit Analyst, respectively. DiChiara also developed Frozen Capital Analysis programming software utilized by a multinational company to explore and repurpose idle investment assets.
The Schwan Food Company announced that Robin Galloway has joined as its executive vice president of finance and chief financial officer. She most recently served as chief financial officer for Wells Enterprises, Inc., and has held leadership positions with companies such as Dean Foods, Restaurants Unlimited and Johnson Controls, Inc. Galloway is succeeding Executive Vice President and Chief Financial Officer Jim Dollive, who will be retiring from The Schwan Food Company after an accomplished 30-plus-year career in the food industry.
Cimarron Energy, Inc. announced that it has named Richard J. Wilkie as the company’s Chief Financial Officer. Mr. Wilkie was most recently a partner in the Houston law office of Akin Gump where he specialized in mergers and acquisitions, joint ventures, and financial and securities transactions.
SpareFoot announced that Mel Tang has joined the company as Chief Financial Officer. Most recently, Tang was CFO at Demand Media Inc. Tang joined Demand Media shortly after it was founded in 2006 and was promoted to CFO in August 2012. Previously, Tang was an investment banker at UBS Investment Bank and at Donaldson, Lufkin & Jenrette.
Corner Bakery Cafe announced the appointment of Salil Bapat as Chief Financial Officer (CFO). Bapat most recently served as CFO for YUM Brands’ Latin America and Caribbean region, one of many positions he has held during his 20 years of restaurant, franchise and finance experience. He previously supported YUM Brands in Thailand and South Korea in progressively larger CFO roles. Prior to his international assignments, Salil led the Financial Planning and Analysis, Development, Capital Planning and Business Analysis groups for the brand.
TigerLogic Corporation (NASDAQ: TIGR) announced Roger Rowe‘s appointment as the company’s new Chief Financial Officer. Mr. Rowe was most recently CFO at Agilyx Corporation. Mr. Rowe has also served as Director of Investor Relations and Financial Planning and Analysis at TriQuint Semiconductor, Inc., and as CFO at other technology companies including Merchandising Technologies, Inc., InFocus Corporation and Preview Systems.
Unilife Corporation (NASDAQ: UNIS) announced the appointment of David Hastings as Chief Financial Officer. Mr. Hastings will be joining the Company on February 23rd. Mr. Hastings most recently served as Chief Financial Officer at Incyte Corporation between 2003 and 2014. During his 30 year career, including 15 years as a CFO in the biopharmaceutical industry, Mr. Hastings has held senior financial leadership roles at companies such as ArQule, Inc., Genzyme (now a wholly owned subsidiary of Sanofi), and PriceWaterhouseCoopers. Dennis Pyers, who has been with Unilife since 2010 will continue to serve as interim CFO until February 23rd, 2015, and will then remain at Unilife as Senior Vice-President and Controller reporting to Mr. Hastings.
AMRI (NASDAQ: AMRI) announced that Michael M. Nolan, senior vice president and chief financial officer, will be departing AMRI. The company also announced that Felicia Ladin will join the company in the same role, effective February 4, 2015. Ladin has spent the majority of her career in the pharmaceutical industry, most recently as Senior Vice President, CFO, Global Specialty Medicines at Teva Pharmaceuticals, USA. Between 2008 and 2014, Ms. Ladin held positions of increasing responsibility directing Teva’s financial planning and analysis operations, and from 2002 to 2008 was tax director for the U.S.
Unum Therapeutics announced that it has named Christiana Stamoulis as its Chief Financial Officer and Head of Corporate Development. Most recently, Ms. Stamoulis was the Senior Vice President and Head of Corporate Strategy and Business Development at Vertex Pharmaceuticals. Prior to Vertex, she was a Managing Director in Citigroup’s Investment Banking division and a senior investment banker at Goldman, Sachs & Co’s Healthcare Investment Banking Group, where she spent the majority of her investment banking career. She currently serves as a director of the Board of Hologic.
TriMas Corporation (NASDAQ: TRS) announced Bob Zalupski as the new chief financial officer of TriMas Corporation. Bob currently serves as TriMas’ vice president of finance, corporate development and treasurer. Bob joined TriMas in 2002 and has more than 30 years of business and financial management experience. From 1996 to 2002, he was a partner at Arthur Andersen. Prior to 1996, he held positions of increasing responsibility within the audit practice of Andersen. As previously announced, Dave Wathen will remain president and chief executive officer of TriMas Corporation. Mark Zeffiro, the previous executive vice president and chief financial officer of TriMas, will serve as president and chief executive officer of the new spin-off entity upon completion of the transaction. On an interim basis, Zeffiro has been named group president of Cequent, and will continue to report directly to Wathen, with the Cequent leaders reporting to him.
99¢ Only Stores announced that it has appointed Brad Lukow as Chief Financial Officer. Chris Laurence, who has served as Interim CFO since May 2014, will remain with 99¢ Only to provide oversight to the Company’s key strategic initiatives and to facilitate the transition. Mr. Lukow joins 99¢ Only Stores following a 20-year career at Shoppers Drug Mart Corporation where he served most recently as Executive Vice President and Chief Financial Officer since 2009. Mr. Lukow was a key member of the management team as the company grew its store network to 1,253 Shoppers Drug Mart/Pharmaprix stores across Canada. Prior to Shoppers, Mr. Lukow served in various roles at Loblaw, including financial reporting, budgeting and planning, taxation and internal audit from 1990 until 1994.
Gazillion, Inc. announced Eric Garay has joined the leadership team as Chief Financial Officer. Mr. Garay joins Gazillion after 11 years at Electronic Arts, where he held roles as Chief Financial Officer for Maxis, the EA Play Label and The Sims Label and most recently managed the finance and accounting function for Maxis, World-Wide Customer Experience, and the Global Shared Services organization. Prior to EA, Mr. Garay served as Director of Finance and Accounting at Business.com and was a Senior Consultant in the Strategy Finance & Economics group at Arthur Andersen.
Oryzon Genomics SA announced the appointment of Gregory L. Weaver as Executive Vice President and Chief Financial Officer. Weaver has served as CFO of several public biotech companies in the US, most recently Fibrocell Science. Previous to Fibrocell, Weaver was CFO at Celsion Corp, Poniard Pharmaceuticals and Sirna Therapeutics. He also currently serves as non executive director of Egalet Corporation and Atossa Genetics. Oryzon’s Enric Rello will remain as CFO in Spain and will continue as part of Oryzon’s senior management team to support the Company’s financial operations in Spain.
1to1 Card announced that Daniel P. Grotto has joined the company as member of the company’s advisory board and Chief Financial Officer. Mr. Grotto’s distinguished track record of success includes his position as President of Prepaid Solutions, Inc., formerly owned by West Suburban Bank. Prior to the sale, Mr. Grotto was a senior executive of West Suburban Bank in Chicago, Illinois for almost nine years, serving as a strategist advising the President, CEO and the board of directors. Additional roles included his position as Managing Director for PNC Capital Markets and Managing Director at ABN AMRO Capital markets. He has also served as a Senior Corporate Finance Consultant and Managing Director within the Corporate Finance Group at Harris Trust and Savings Bank/Bank of Montreal.
Barney & Barney Insurance Services LLC, a division of Marsh & McLennan Agency LLC, announced that Steven Berk has joined the firm as its new Chief Financial Officer. Berk joined Marsh in 1980 and has held a number of different leadership positions, including 24 years serving as either a divisional or regional CFO. Berk assumes CFO responsibilities from Hal Dunning, who has served as both CFO and Chief Operating Officer of Barney & Barney since 2003. Dunning will continue to run the day-to-day operations of the firm as COO.
Electronic Cigarettes International Group, Ltd. (OTC: ECIG) announced the hiring of Phil Anderson will be joining as the Company’s new Chief Financial Officer. Prior to joining ECIG, Phil worked with the Pinnacle Family Office, a Dallas-based family office investment fund which is an investor in ECIG. Prior to Pinnacle, Phil was the director of research at SIAR Capital, a family office focused on investing in small-cap growth companies and was also a research analyst at C.E. Unterberg, and Ladenburg Thalmann.
Frisbie Memorial Hospital has appointed John Marzinzik as the hospital’s new President & CEO. Marzinzik has served as Senior Vice President & CFO at Frisbie Memorial Hospital since 1993. Marzinzik was Director of Billing & Information Systems at North Adams Regional Hospital in North Adams, Massachusetts and Vice President of Finance and Facilities at Exeter Hospital in Exeter, NH. He has also served as Comptroller for Katherine Shaw Bethea Hospital in Dixon, Illinois.
TD Ameritrade (NYSE: AMTD) announced that after 16 years with the Company, nine as executive vice president and chief financial officer, Bill Gerber will retire at the end of fiscal 2015. He started with TD Ameritrade in 1999 as director of finance and was promoted to CFO in 2006.
Investors Bancorp, Inc. (NASDAQ: ISBC) announced that Sean Burke will join Investors Bancorp, Inc. and Investors Bank as Senior Vice President and Chief Financial Officer. Mr. Burke has worked in investment banking since 2000, most recently as Managing Director and Head of U.S. Depository Institutions for RBC Capital Markets in New York.
USA Compression Partners, LP (NYSE: USAC) announced that Matthew C. Liuzzi has assumed the role of Chief Financial Officer. Matt has served as SVP – Strategic Development since joining the Partnership in April 2013. Prior to joining the Partnership, he was a Director in the Global Natural Resources Group at Barclays and prior to that at Lehman Brothers. The Partnership accepted the resignation of former Chief Financial Officer Joseph “Jody” Tusa, Jr., for personal reasons.
RealNetworks, Inc. (NASDAQ: RNWK) announced the appointment of Marjorie Thomas as Chief Financial Officer and Treasurer effective February 4, 2015. Ms. Thomas’ career spans nearly 30 years and includes senior finance roles at Intuit, Sony, and Hewlett-Packard. Most recently, she served as VP of Corporate Finance and Treasurer for Intuit. Prior to Intuit, Ms. Thomas served as SVP, Finance and Corporate Controller of Sony Electronics where she was a member of the Sony Electronics Executive Committee. Before that, Ms. Thomas spent 20 years at Hewlett-Packard in several senior leadership positions. She began her career as a CPA at Arthur Andersen. Ms. Thomas succeeds Tim Wan, who joined RealNetworks in 2000 and has served as Chief Financial Officer and Treasurer since April 2012.
United States Commodity Funds LLC (“USCF”) announced that Howard Mah has indicated his intention to resign. In order to provide an orderly transition, Mr. Mah has agreed to stay and remain as a Management Director and the Chief Financial Officer (Principal Accounting Officer) of USCF until the earlier of a suitable replacement is accepted by the Board of Directors of USCF or close of business July 15, 2015.
Credit Karma announced that it has appointed Joseph Kauffman, previously CFO of TAL Education Group, as its first-ever Chief Financial Officer. Before TAL, Kauffman led strategic investment for NYSE-listed New Oriental Education & Technology Group and held various management leadership roles at The Coca-Cola Company.
Coveris S.A. announced the recent installation of Richard Passov to it’s board of directors. Mr. Passov most recently served as Chief Financial Officer for Zoetis Inc. His work history includes serving as Treasurer for Pfizer, Inc. and Assistant Treasurer for Intel Corporation.
Talent Rover announced that Michael Lehman, former CFO of Sun Microsystems, has joined the Talent Rover Advisory Board and has invested in the company. A private investor and current board member at MGIC, Solera Holdings, MapR and the University of Wisconsin Foundation, Lehman joins Talent Rover with extensive experience as a chief financial officer for high tech companies. Over the past few years, Lehman has directed the IPO readiness of two companies that are now publicly traded: Arista Networks and Palo Alto Networks. Prior to entering the startup world, Lehman achieved recognition at Sun Microsystems, where he served two stretches as CFO after joining the company in 1987.
Volt Information Sciences, Inc. (NYSE-MKT: VISI) announced that James Whitney Mayhew, Senior Vice President and Chief Financial Officer, has decided to step down from his position for personal reasons. Mr. Whitney will be leaving Volt after a 60-day transition period ending March 20, 2015.
Home Financial Bancorp (OTC: HWEN) the holding company for Our Community Bank based in Spencer, Indiana regrets to announce that Gary M. Monnett (“Mike”), the Company’s Executive Vice President and Chief Financial Officer passed away unexpectedly on January 7, 2014. His duties will be assumed on an interim basis by Cross Financial Services until a successor is found. Cross Financial Services is based in Franklin, Indiana and provides a variety of financial services to community banks.
Wipro Limited (NYSE: WIT) announced that Suresh Senapaty, the current Chief Financial Officer and Executive Director, will retire on March 31, 2015, completing a distinguished career spanning over three decades with the company. Jatin Dalal, Senior Vice President – Finance will take over the role of CFO, effective April 1, 2015. Jatin Dalal joined Wipro in 2002. He has been instrumental in setting up of Wividus – the company’s shared services division besides strengthening the company’s Financial Planning & Analysis and Investor Relations functions.
Lee Enterprises, Incorporated (NYSE: LEE) announced that Carl G. Schmidt, vice president, chief financial officer and treasurer, has informed the company that he plans to retire July 1. Schmidt joined Lee in 2001. He previously was senior vice president and chief financial officer, secretary and treasurer of Johnson Outdoors, a publicly traded component of the SC Johnson group of companies, which he joined in 1994. He began his career in 1978 as a certified public accountant at the Big Four accounting firm of KPMG LLP, in Milwaukee, Wisconsin. After a series of promotions, he became a partner in 1988.
PROS® (NYSE: PRO) announced Stefan B. Schulz will join the company as its new Executive Vice President and Chief Financial Officer. Schulz is expected to begin in his new role on or before March 16, 2015. He replaces Charles H. Murphy, who, as previously announced in February 2014, is retiring from PROS after 16 years with the company. For the past three years, Schulz has served as Chief Financial Officer at Digital River, Inc. He previously spent six years with Lawson Software. Schulz also worked for 12 years at BMC Software, where he held several leadership roles, the last as vice president, global revenue operations. Schulz began his career with Arthur Andersen & Co.
Northwest Natural Gas Company announced that Stephen P. Feltz, Senior Vice President and Chief Financial Officer, plans to retire from the Company during 2015. The Company is in the process of identifying Mr. Feltz’s successor. Mr. Feltz plans to remain in his position until his successor is engaged.
Taulia announced the hiring of its Chief Financial Officer, Rik Thorbecke. Thorbecke previously served as CFO for Meltwater Group. Thorbecke has served as Chief Financial Officer, Chief Strategy Officer and in other senior leadership roles at a range of Silicon Valley companies including Meltwater Group, Plastic Logic, Electronic Arts, Levi Strauss & Co. and Equinix. Additionally, he was a partner at PricewaterhouseCoopers for more than 17 years.
NEMUS Bioscience, Inc. (OTC: NMUS) announced the appointment of Thomas (Tom) A. George, current Chief Financial Officer of Deckers Brands, to its Board of Directors. Mr. George will also be responsible for chairing the Company’s audit committee. Mr. George joined Deckers Brands as Chief Financial Officer in September 2009. Prior to Deckers, Mr. George was with Ophthonix, Inc. where he served as Chief Financial Officer since February 2005. Prior to Ophthonix, Mr. George spent more than seven years as Chief Financial Officer for publicly held Oakley, Inc., now a division of Luxottica Group S.p.A. Earlier in his career, Mr. George held positions at Loral Corporation, International Totalizator Systems, Remec Corporation and Coopers and Lybrand.
AmnioLife Corporation announced it has appointed Andrew S. Hoover as its Chief Financial Officer. Prior to joining AmnioLife Mr. Hoover worked at Square 1 Bank. He has also previously held positions at RS Investments and Oak Value Capital Management.