CFO Moves this week include:
|Sallie Mae||Chase Corporation||Scotts Miracle-Gro Company|
|Loomis, Sayles & Company||Cannabis-Rx||TransTech Pharma, LLC|
|Health Care REIT, Inc.||Popeyes Louisiana Kitchen, Inc.||Washington Employers|
|DSW Inc.||People’s United Financial, Inc.||Cantel Medical Corp.|
|Movement Mortgage||GNS Healthcare||Vee24|
|Brightstar Corp.||EPIC (Edgewood Partners Insurance Center)||Ascendant Solutions, Inc.|
|Medivation, Inc.||Surna Inc.||InsideSales.com|
|Spindle, Inc.||nGage Labs, Inc.||EnerNOC, 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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Sallie Mae (NASDAQ: SLM), formally SLM Corporation, announced the appointment of Steven McGarry as executive vice president and chief financial officer of the future holding company of Sallie Mae Bank. The appointment will take effect upon the separation of the consumer banking and loan management, servicing and asset recovery businesses. Most recently, Mr. McGarry was senior vice president, corporate finance. He joined the company’s corporate finance team in 1997. Prior to joining Sallie Mae, Mr. McGarry held treasury positions with Toronto Dominion Bank in both London and New York.
Chase Corporation announced that Kenneth L. Dumas, its Chief Financial Officer & Treasurer has decided to leave the Company at the end of its fiscal year to pursue new opportunities. Mr. Dumas will remain in his role until September 1, 2014 in order to help complete key projects and provide a smooth transition.
The Scotts Miracle-Gro Company (NYSE: SMG) announced that its Board of Directors has named Randy Coleman as executive vice president and chief financial officer. Coleman replaces Larry Hilsheimer, who has left the Company and is pursuing other opportunities. Coleman was most recently senior vice president of operating finance as well as enterprise performance analytics. He joined Scotts Miracle-Gro in 1999. He started as assistant controller of the Ortho business unit. He later acted as director of financial planning and analysis and held several finance leadership roles.
Loomis, Sayles & Company, an affiliate of Natixis Global Asset Management, announced that chief financial officer Kevin Charleston has been promoted to president. Kevin will continue as CFO, a title he has held since 2000. Kevin began his investment industry career in 1988 and joined Loomis Sayles in 2000 from Nvest Companies, L.P., where he was manager of financial operations. He joined Nvest Companies as a senior financial analyst in 1993, was appointed assistant treasurer and manager of financial planning in 1995, and promoted to senior vice president and treasurer in 1996. Kevin began his career at the Boston Company, first as a senior financial analyst and later as manager of the financial planning and cost accounting departments.
Cannabis-Rx (OTC: CANA) announced the appointment of Munjit S. Johal as Treasurer and Chief Financial Officer. Mr. Johal began his career in 1981 serving as Senior Analytical Manager for the Office of Thrift Supervision (OTS), a federal agency under the Department of the Treasury (formerly Federal Home Loan Bank Board, the 11th District). Since 1990, Mr. Johal has served as a financial officer of various companies including Pacific Heritage Bank as Executive Vice President. While in banking, Mr. Johal served as Chief Financial Officer of Secured Diversified Investment, Ltd from 2002 to January 2009 and Davi Skin, Inc. from March 2007 to May 2010. Since October 20, 2006, Mr. Johal has been the Chief Financial Officer of SearchCore (formerly General Cannabis, Inc.). Additionally, Mr. Johal serves as Controller of High Tower Capital, Inc., a position he has held since 2007.
TransTech Pharma, LLC announced that Stephen L. Holcombe, who previously served as the Company’s Senior Vice President and Chief Financial Officer, has been appointed to serve as the President of TransTech and its sister company High Point Pharmaceuticals, LLC. Mr. Holcombe will also continue his duties as Chief Financial Officer.
Health Care REIT, Inc. (NYSE: HCN) announced that Thomas J. DeRosa, a Director of the company and former Vice Chairman and Chief Financial Officer of The Rouse Company, has been appointed Chief Executive Officer. Mr. DeRosa will continue to serve as a Director of the company. Jeffrey H. Donahue, who was HCN’s independent Lead Director, has been appointed Chairman of the Board, thereby separating the Chairman and CEO roles. Mr. DeRosa previously held various positions at Deutsche Bank and Alex. Brown & Sons, including Global Co-Head of the Health Care Investment Banking Group of Deutsche Bank and Managing Director in the Real Estate Investment Banking Group of Alex. Brown & Sons. In addition to the HCN Board, he currently serves as a director of Empire State Realty Trust, CBL & Associates Properties, Inc., and Value Retail PLC. Mr. DeRosa is a former director of Dover Corporation, a former trustee of Georgetown University and a former member of the Health Advisory Board of the Johns Hopkins Bloomberg School of Public Health. Mr. Donahue is the former President and CEO of The Enterprise Social Investment Corporation, a leading U.S. real estate investment services company. Previously, Mr. Donahue was Executive Vice President and Chief Financial Officer at The Rouse Company. In addition to the HCN Board, Mr. Donahue also serves on the boards of Bentall Kennedy, and The National Development Company. Mr. Donahue also served for over 20 years on the boards of five T. Rowe Price entities including, most recently, the T. Rowe Price Savings Bank.
Popeyes Louisiana Kitchen, Inc. (NASDAQ: PLKI), the franchisor and operator of Popeyes® restaurants, announced that H. Melville Hope, III, the company’s senior vice president and chief financial officer, will leave the company effective May 23, 2014, to pursue other opportunities.
DSW Inc. (NYSE: DSW) announced the appointment of Mary Meixelsperger as Chief Financial Officer effective May 1. Ms. Meixelsperger replaces Douglas Probst, who is retiring from DSW Inc. on the same day. Ms. Meixelsperger joins DSW Inc. from Shopko Stores, where she held the roles of Chief Financial Officer, Controller and Treasurer for the last nine years. Prior to Shopko, Ms. Meixelsperger was the Chief Financial Officer for two non-profit organizations between 1993-2004 and was the Chief Financial Officer for Worldmark Group, a private equity firm between 1986-1991.
People’s United Financial, Inc. (NASDAQ: PBCT) announced that Chief Financial Officer Kirk Walters is transitioning out of his role as Chief Financial Officer of People’s United Bank for family reasons. David Rosato, who has served as Treasurer since 2007, will succeed Walters as Chief Financial Officer of the bank. Walters will continue to serve as Chief Financial Officer of People’s United Financial, Inc., the bank’s holding company, through December 31, 2014, when Rosato is expected to assume that position. Walters will remain an executive officer, transitioning as of January 1, 2015 to the role of Senior Executive Vice resident, Corporate Development and Strategic Planning. He will also remain a member of the Board of Directors of the company and the bank.
Movement Mortgage named Laura Bowles Chief Financial Officer. Most recently, Bowles served as Director and Head of Consumer and Small Business Lending Products for Citibank’s Consumer and Commercial Bank. Previously, at Bank of America, she managed credit, market and operational risk. Prior to that, she was a Chief Financial Officer at Wachovia for Consumer and Commercial Deposits, Consumer Lending Products, and the Distribution Channels.
GNS Healthcare is pleased to announce that Mark Pottle has joined the company’s executive team as Chief Financial Officer. Prior to joining GNS Healthcare, Mark was the CFO at N-of-One. Previously, Mark served as CFO for UnitedHealth Group’s Optum Insight – Accountable Care Business Unit. Prior to that he held executive positions as Vice President of Finance and Vice President of Business Operations at healthcare IT company Picis.
Vee24 announced the appointment of John DiBartolomeo as Chief Financial Officer. DiBartolomeo was most recently CFO for Axceler, which was acquired by Metalogix Software, Inc. in 2013. Prior to Axceler, DiBartolomeo held senior financial and operations positions in numerous public and private high technology companies including Apparent Networks, Softricity (acquired by Microsoft), Basis Technology, Interlynx Technology (acquired by ProAct Technologies) and Intermec Technologies.
Brightstar Corp. announced that, effective immediately, Vincent Donargo has joined the company as Executive Vice President and Chief Financial Officer. Donargo was previously the Executive Vice President of Integration, Financial Planning and Analysis (FP&A) and Finance Transformation at Ingram Micro, Inc. Prior to Ingram Micro’s acquisition of Brightpoint, Inc., Donargo served as Brightpoint Executive Vice President, CFO and Treasurer.
EPIC (Edgewood Partners Insurance Center) announced that Michael Gonthier has joined the firm as Chief Financial Officer. EPIC’s current CFO, Elaine Andrian, will now focus on merger and acquisition strategy and diligence as the firm continues to expand nationally. Prior to joining EPIC, Gonthier served as Senior Vice President and Chief Operating Officer since 2008 for Crump Insurance Services. Gonthier also held the titles of Vice President, Finance Division CFO for BISYS Insurance Service from 2003 to 2007 and Vice President, Corporate Service for BISYS Group, Inc. from 1999 to 2003.
Ascendant Solutions, Inc. (PINK: ASDS) announced that Mark S. Heil will assume the role of President and Chief Financial Officer of the Company. Heil has been the Vice President-Finance and Chief Financial Officer of Ascendant and certain of its subsidiaries since 2007. Heil has also been President of Ascendant’s healthcare subsidiary, Dougherty’s Holdings, Inc., and currently serves on the Board of Directors of Dougherty’s Holdings. Prior to joining Ascendant, Heil served as an executive consultant with Tatum LLC. He previously held various chief financial officer positions at The Loomis Agency, and at American Excelsior Company. In addition, he held the position of Chief Operating Officer of American Excelsior’s Earth Science Division during his tenure with the firm. Heil began his career in the audit division of KPMG.
Medivation, Inc. (NASDAQ: MDVN) announced that Patrick Machado has been appointed to the Company’s board of directors. Mr. Machado recently retired from his role as chief financial and business officer, and will formally retire from Medivation on April 18, 2014. Mr. Machado previously served as Medivation’s chief business officer since December 2009 and its chief financial officer since December 2004. From 1998 until 2001, Mr. Machado was employed by ProDuct Health, Inc., as vice president, chief financial officer and general counsel (1998-2000) and as senior vice president and chief financial officer (2000-2001). From 2001 until 2002, Mr. Machado served as a consultant to Cytyc Corporation to assist with transitional matters related to Cytyc Corporation’s acquisition of ProDuct Health, Inc.
Surna Inc.(OTC: SRNA) announced it has appointed Douglas McKinnon to Executive Vice President and Chief Financial Officer. Mr. McKinnon has served as Surna’s senior financial consultant since February. His 30 years’ professional experience includes C-level positions in both private and public sectors, including Chairman and CEO of an American Stock Exchange traded company, VP of a NASDAQ-traded company and CFO of several publicly held US, Canadian and Australian companies. As CFO, Mr. McKinnon succeeds Robert Clarke who has resigned to pursue other interests.
InsideSales.com announced that Kevin Samuelson has joined the company as chief financial officer. Most recently, Samuelson was chief operating officer at Backcountry.com. Prior to Backcountry.com, Samuelson worked for more than a decade at Infor.
Spindle, Inc. (OTC: SPDL) announced it has appointed Christopher J. Meinerz as chief financial officer and chief compliance officer. Prior to joining Spindle, Meinerz served as chief financial officer and chief compliance officer at Next Generation Insurance Group (NGI). Before his tenure at NGI, Meinerz was executive vice president of finance and treasury for DDi Corp. In addition, he served as global vice president of finance for eTelecare.
nGage Labs, Inc. announced that Dave Alberty has joined the company as Chief Financial Officer (CFO). Mr. Alberty was most recently SVP and Global Controller of TriVita, Inc. Prior to his position at TriVita, he held financial leadership positions including most recently Group SVP and Chief Accounting Officer at JDA Software and International Controller at Viasoft.
EnerNOC, Inc. (NASDAQ: ENOC) announced that Chief Financial Officer Neil Moses has been appointed Chief Operating Officer. Moses has nearly 30 years of experience in financial operations and management in the retail and technology sectors, including seven years at PTC, which he joined in 2003 as Executive Vice President and Chief Financial Officer. Following PTC, Moses served as Dunkin’ Brands’ Chief Financial Officer and led the company’s successful initial public offering in 2011.
The Retirement Services Division of Massachusetts Mutual Life Insurance Company (MassMutual) announced that Bill Silvanic, current Senior Vice President and Chief Financial Officer of the Retirement Services division, will lead the Product organization. Keith McDonagh, Senior Vice President, will replace Mr. Silvanic as head of Finance for Retirement Services.
CVR Partners (NYSE: UAN) announced that Mark A. Pytosh has been named president and chief executive officer of the partnership’s general partner, CVR GP, LLC, effective May 5, 2014. He will be based at the partnership’s headquarters in Sugar Land. Pytosh was appointed as a director of CVR GP in June 2011. He will continue to serve as a director and the chairman of the environmental, health and safety committee. Pytosh most recently served as executive vice president and chief financial officer for Tervita Corporation (formerly known as CCS Corporation). From 2006 to 2010, Pytosh served as senior vice president and chief financial officer for Covanta Energy Corporation. Prior to Covanta, he served as executive vice president from 2004 to 2006, and chief financial officer from 2005 to 2006, for Waste Services, Inc. From 2000 to 2004, Pytosh was a managing director in investment banking at Lehman Brothers where he led the firm’s global industrial group. Prior to joining Lehman Brothers, he was managing director at Donaldson, Lufkin & Jenrette where he led the firm’s environmental services and automotive industry groups.