CFO Moves – week ending September 19, 2014

CFO Moves this week include:

Microsoft Corp. RadioShack Corporation Proformative
AMD Arizona Coyotes Recyclebank
Kadant Inc. OvaScience NOXXON Pharma
Rowan Companies plc SRA International, Inc. RMG Networks Holding Corporation
Vantage Data Centers Harleysville Savings Financial Corporation Spredfast
Retrophin, Inc. Airlines for America Ruder Finn, Inc.
Build-A-Bear Workshop, Inc SED International Holdings, Inc. Sparton Corporation
Exterran Holdings, Inc. Bankrate, Inc. Antares Pharma, Inc.
Rubicon Technology Inc. RAMP Keysight Technologies, Inc.
TerraForm Power, Inc. Merchants Bancshares, Inc. Asset International, Inc.
Nuclea Biotechnologies, 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 s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.

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Microsoft Corp. (NASDAQ: MSFT) announced that Teri List-Stoll, executive vice president and chief financial officer of Kraft Foods Group Inc. was appointed to the company’s board of directors and will join the board effective Oct. 1, 2014. List-Stoll is executive vice president and chief financial officer for Kraft Foods Group, Inc. Before joining Kraft, she served as senior vice president and treasurer at Procter & Gamble. Previously, over the course of a nearly 20-year career at Proctor & Gamble, she held finance leadership roles across a diverse range of areas including business unit management, supply chain, sales, accounting, and financial planning and analysis. She serves on the board of Danaher Corp. and as a trustee of the Financial Accounting Foundation. List-Stoll will be joining the audit committee.

RadioShack Corporation (NYSE: RSH) announced the appointment of Holly F. Etlin as interim chief financial officer, replacing John Feray.  Mr. Feray resigned, citing personal reasons. Ms. Etlin, a managing director of AlixPartners and long-time RadioShack advisor, served as RadioShack’s interim CFO from July 2013 to February 2014.

Proformative announced the appointment of former Oracle EVP and CFO Jeffrey E. Epstein to its advisory board. Epstein currently serves as operating partner for Bessemer Venture Partners. Prior to joining Oracle, Epstein served as chief financial officer of several public and private companies, including DoubleClick, King World Productions and Nielsen’s Media Measurement and Information Group. Earlier in his career, he was an investment banker at The First Boston Corporation. Epstein also serves on the boards of directors of Kaiser Permanente, The Priceline Group, Shutterstock and Global Eagle Entertainment. Epstein joins Oracle SVP of Finance and Treasury Dr. Eric Ball, and CFOs Stuart Brown of RedRobin and Daniel Carter of BevMo! on the advisory board.Joseph Householder

AMD (NYSE: AMD) announced the appointment of Joseph A. Householder to its board of directors along with positions on the board’s Audit and Finance, and Nominating and Corporate Governance committees. Householder currently serves as executive vice president and chief financial officer of Sempra Energy. Householder has been with at Sempra Energy for 13 years, in addition to his former leadership roles at PricewaterhouseCoopers and Unocal Corporation. He currently serves on the board of directors of multiple wholly- or majority-owned subsidiaries of Sempra Energy, including the Southern California Gas Company, San Diego Gas & Electric and Infraestructura Energetica Nova (IEnova), along with holding a position on the board of directors of the not-for-profit San Diego Regional Economic Development Corporation.

The Arizona Coyotes hired Gregg Olson to be the chief financial officer. Olson formerly served as CFO for the San Jose Sharks and the Portland Trail Blazers. Olson replaced Avik Dey. Dey previous left to work in Toronto with the Canadian Pension Plan Investment Board

Recyclebank announced that Katherine Butkevich has been appointed Chief Financial Officer. Most recently, Butkevich served as CFO of the National Association of Professional Women (NAPW). Before her time at the NAPW, Butkevich held leadership positions at the private equity firm Emigrant Capital and certain of its portfolio companies, GE Capital, North Fork Bancorp and KPMG.

Kadant Inc. (NYSE: KAI) announced that Thomas M. O’Brien, Executive Vice President and Chief Financial Officer (CFO), will retire from the Company at the end of June 2015.

OvaScience (NASDAQ: OVAS) announced the appointment of Jeffrey Young to Chief Financial Officer. Mr. Young joins OvaScience from Transmedics, Inc., where he served as Chief Financial Officer and Treasurer. Prior to serving as CFO of Transmedics, Mr. Young was CFO and Treasurer at Lantheus Medical Imaging, Inc. Before Lantheus, Mr. Young served as Chief Accounting Officer, Vice President of Finance and Treasurer at Critical Therapeutics. Earlier in his career, Mr. Young held finance roles at PerkinElmer, Inc. and PricewaterhouseCoopers.

NOXXON Pharma has appointed Don Munozto the newly created position of Chief Financial Officer. Before joining NOXXON Pharma, Don was Head of Investment Banking at Summer Street Research Partners. Prior to that, Don led the medical technology investment banking practices at Cowen & Company and Leerink Swann. He also spent approximately 10 years in the healthcare investment banking group at Alex Brown & Sons and its successor, Deutsche Bank Securities.

Rowan Companies plc (NYSE: RDC) announced that J. Kevin Bartol, Executive Vice President, Chief Financial Officer & Treasurer, has decided to leave the Company to pursue other opportunities.  Mr. Bartol will continue to serve until a successor is chosen and a smooth transition is completed.

SRA International, Inc. announced the appointment of David Keffer as the company’s Executive Vice President (EVP) and Chief Financial Officer (CFO). Keffer joined the company’s Financial Planning & Analysis team in 2003.  He served as Director of Investor Relations and Vice President from 2006 to 2009 before gaining experience as a Strategic Acquisition Executive in SRA’s Corporate Growth organization.  From 2011 to 2013, Keffer was the CFO of SRA’s National Security Sector, and has since served as the company’s Corporate Controller. Keffer began his career at Navigant Consulting and Maden Tech Consulting.

RMG Networks Holding Corporation (NASDAQ: RMGN) announced that William G. Cole has notified the board of directors that for personal health reasons he intends to retire as Executive Vice President, Chief Financial Officer and Principal Accounting Officer effective November 28, 2014.

Vantage Data Centers announced the appointment of David Renner as Senior Vice President and Chief Financial Officer. Mr. Renner’s prior experience includes serving as CFO of Elo Touch Solutions, Inc. from 2010 to 2014, as well as CFO of Optium Corporation from 2001 to 2009. He previously served in variety of finance and accounting roles at JDS Uniphase Corporation over an 11-year period. Patrick Davis, who previously served as the CFO, will be leaving Vantage following a transition period. Shane Michalak

Harleysville Savings Financial Corporation (OTC: HARL), holding company for Harleysville Savings Bank (the “Bank”), announced that Brendan J. McGill will assume the role of President and Chief Operating Officer. The position of Chief Financial Officer, formerly held by Mr. McGill, will be assumed by M. Shane Michalak. These new positions are for both the Company and the Bank. With over 20 years of banking experience, Mr. McGill joined the Company’s wholly owned subsidiary, Harleysville Savings Bank in September, 1999 as Senior Vice President, Chief Financial Officer and Treasurer. In January, 2014 Mr. McGill was elected as a director of the Bank and the Company. Mr. Michalak joined the Bank in September 2002, and has served as Vice President, Controller and Treasurer.

Spredfast announced the appointment of Tim Barker as Chief Financial Officer. Most recently, Tim served as the CFO and Treasurer for RealPage, Inc. (NYSE: RP). Tim joined RealPage in 2005. Prior to RealPage, Tim was the CFO of etalk, which was acquired by Autonomy. Earlier in his career, Tim held executive finance and accounting roles at companies including Sourcecorp, Arthur Andersen LLP, and Sunbelt National Mortgage Corporation.

Retrophin, Inc. (NASDAQ: RTRX) announced that Marc Panoff has decided to leave his role as Chief Financial Officer (CFO) to pursue other career opportunities. Mr. Panoff will continue overseeing financial operations until a CFO replacement is in place.

Airlines for America announced the promotion of current Chief Financial Officer, Paul Archambeault, to Senior Vice President, Chief Financial and Operating Officer. Archambeault joined A4A in 1991, and has held various roles of increasing responsibility throughout multiple disciplines within the association.

Ruder Finn, Inc. announced that it has hired Peggy Walsh as its Global Chief Financial Officer. Peggy is coming to Ruder Finn from Ketchum, where she spent 15 years, most recently serving as Senior Vice President and Director of Finance and Operations.

Build-A-Bear Workshop, Inc. (NYSE: BBW) announced the appointment of Voin Todorovic as the Company’s new Chief Financial Officer. Todorovic was most recently employed at Wolverine World Wide, Inc. as the head of finance and operations for its Lifestyle Group. Prior to his tenure at Wolverine World Wide he held positions of increasing responsibility at Payless Shoe Source and Collective Brands. Todorovic will assume the Chief Financial Officer responsibilities from Tina Klocke, who had been serving as both the Company’s Chief Financial Officer and Chief Operating Officer. Klocke will remain with the Company through the first quarter of 2015 and will retain her position as Chief Operating Officer during this time.

SED International Holdings, Inc. (OTC: SEDN) announced the appointment of Juan Orlando Bravo as the Company’s Chief Financial Officer. From 2010-2014, he was at The Brink’s Company where he served as Vice President and Chief Financial Officer of the Latin America region. Prior to joining Brink’s, Orlando served as Finance Director of Lexmark International’s Latin America region. Before Lexmark, he held various financial management and leadership roles at various multinational companies such as 3Com and Perkin Elmer. He started his career at KPMG Peat Marwick.

Sparton Corporation (NYSE: SPA) announced that Don Pearson has been appointed as the Company’s new Chief Financial Officer. Mr. Pearson most recently served as Senior Vice President and Chief Financial Officer of AMCOL International Corporation. Prior to joining AMCOL, Mr. Pearson was Vice President of Finance for the North American business unit of UPM-Kymmene Corporation. Earlier in his career, Mr. Pearson held financial leadership roles with Information Resources, Inc. (IRI), and a North American business unit of Tate & Lyle PLC. Mr. Pearson started his career with Coopers & Lybrand in Chicago. Mr. Pearson replaces Mark Schlei who is leaving Sparton to pursue other career opportunities.

Exterran Holdings, Inc. (NYSE: EXH) announced the appointment of Jon C. Biro as Senior Vice President and Chief Financial Officer. Biro most recently served as Executive Vice President and Chief Financial Officer of Consolidated Graphics, Inc. Prior to joining Consolidated Graphics in 2008, Biro held several executive positions with ICO, Inc. He was Chief Financial Officer and Treasurer of ICO from 2002 to 2008 and served as its Interim Chief Executive Officer from July 2003 to February 2004. Biro was also a member of the ICO board of directors from 2003 to 2008. Prior to being named Chief Financial Officer of ICO, Inc., Biro served as ICO’s Senior Vice President, Chief Accounting Officer and Treasurer. He began his career with ICO in 1994, as Controller. Prior to his employment with ICO, Biro was employed by PriceWaterhouse Coopers LLP.

Bankrate, Inc. (NYSE: RATE) announced the appointment of Steven D. Barnhart, as interim Chief Financial Officer.  He succeeds Edward J. DiMaria, Senior Vice President and Bankrate’s current Chief Financial Officer.  Mr. Barnhart was most recently Senior Vice President and Chief Financial Officer of Sears Hometown and Outlet Stores. Prior to that, he was CFO at Bally Total Fitness. From 2003 to 2009, Mr. Barnhart served in various executive leadership roles at Orbitz Worldwide, including Chief Financial Officer, President and then Chief Executive Officer. From 1990 to 2003, Mr. Barnhart served in various finance and strategy roles for PepsiCo, and as Finance Director, Southeast Business Unit, The Pepsi Bottling Group. Mr. Barnhart currently serves as the lead Independent Director on the Board of USA Technologies. Mr. DiMaria has resigned his position as Chief Financial Officer of Bankrate. He will remain a Senior Vice President of Bankrate.

Antares Pharma, Inc. (NASDAQ: ATRS) announced that Robert F. Apple has been promoted to Chief Operating Officer. Until the role of CFO is filled, Mr. Apple will continue to serve as the Company’s Chief Financial Officer as he has since he joined Antares Pharma in 2006. Mr. Apple joined the Company in February 2006 as Senior Vice President and Chief Financial Officer and was promoted to Executive Vice President, Chief Financial Officer and President of the Parenteral Products Group in 2008. Prior to joining the Company, Mr. Apple served as Chief Operating and Financial Officer at InKine Pharmaceutical Company, Inc. (“InKine”) from 2003 to 2005, and Chief Financial Officer from 1997 to 2002.

Rubicon Technology Inc. (NASDAQ: RBCN) announced that it has appointed William Weissman, currently CFO, as interim CEO.

RAMP announced that it has hired Bob Orlando as its new Chief Financial Officer. Prior to joining RAMP, Bob was a CFO and VP of Finance at CallMiner, Inc. He’s also been a CFO and VP of Finance at Camiant, Inc., Switchboard and Mathsoft.

Keysight Technologies, Inc., the spinoff electronic measurement company of Agilent Technologies, announced plans to appoint Charles J. Dockendorffto its board of directors. Dockendorff is executive vice president and chief financial officer of Covidien plc. He has held the position at Covidien and its predecessor, Tyco Healthcare, since 1995. Dockendorff joined Kendall Healthcare Products in 1989 as controller. He previously, held leadership positions at Epsco, Inc. and Infrared Industries. Dockendorff also worked as an accountant at Arthur Young & Company (now Ernst & Young) and the General Motors Corporation. Keysight expects Dockendorff’s appointment to become effective concurrently with, or shortly before, the completion of the Keysight spinoff, currently targeted for November 2014.

TerraForm Power, Inc. (NASDAQ: TERP) announced that Alejandro “Alex” Hernandez has been appointed as its Executive Vice President and Chief Financial Officer, effective on September 29, 2014, his start date with the company. Prior to joining TerraForm Power, Mr. Hernandez was Managing Director in the Investment Banking Division of Goldman, Sachs & Co. Mr. Hernandez joined Goldman Sachs in August 2005 and was named Managing Director in November 2012. Mr. Hernandez replaces Mr. Sanjeev Kumar, who will return to EverStream Energy Capital Management in San Francisco, California to continue to work with SunEdison and TerraForm Power on joint projects and strategic initiatives.

Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, announced that Janet P. Spitler, Merchants Bancshares, Inc. Chief Financial Officer and Treasurer, is resigning effective December 31, 2014 to pursue other professional interests.

Asset International, Inc. announced that it has hired Carolyn Ullerick as the company’s Chief Financial Officer. Ullerick was most recently the Global Chief Financial Officer for Reed Elsevier’s LexisNexis Group. In addition to her time as CFO at LexisNexis Group, Ullerick was Chief Financial Officer for Frito-Lay, Canada and VP-Finance for Southam Newspaper Group.

Nuclea Biotechnologies, Inc. announced the hiring of their new Chief Financial Officer (CFO), Bern Whitney. Whitney is currently a partner at FLG Partners, a leading CFO advisory firm, and has served on both public company and private entity boards.

CFO Moves – week ending September 12, 2014

CFO Moves this week include:

Coach, Inc. Baker Hughes Incorporated Avon Products, Inc.
hhgregg Inc. The Dow Chemical Company Hanger, Inc.
Summit Hotel Properties Recommind Cardinal Health
Saia Inc. First Advantage International Paper Company
diaDexus, Inc. Bankwell Financial Group XZERES Corp.
VigiLanz MemberSuite, Inc. QNB Bank
HMS Holdings Corp. U.S. Auto Parts Network, Inc. Wunderman New York
SCAN Health Plan Creative Associates International Itron, Inc.
NTN Buzztime, Inc. NBTY, Inc. MOCON, Inc.
Acucela Inc. Glovista Investments LLC Cyprium Partners
Riverbed Technology PRGX Global, Inc. KCG Holdings, Inc.
Rocket Fuel Inc.

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Should you have any CFO Moves to report, please email us.

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 s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.

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Coach, Inc. (NYSE:COH) announced the appointment of Gebhard Rainer, as President and Chief Operating Officer, effective September 29, 2014. Mr. Rainer joins Coach from Hyatt Hotels Corporation, where he most recently held the position of Executive Vice President and Chief Financial Officer. Previously, Mr. Rainer served as Managing Director for Hyatt International Europe, Africa and Middle East (EAME) LLC from January 2007 to August 2012. Mr. Rainer is filling a position that has been vacant since September 2013.

Baker Hughes Incorporated (NYSE: BHI) announced that Kimberly A. Ross, has been appointed Senior Vice President and Chief Financial Officer (CFO) effective October 22, 2014. Ross currently serves as Executive Vice President and CFO of Avon Products, Inc. She served as Executive Vice President and CFO of Royal Ahold N.V. from 2007 to 2011 and held various other finance positions at Royal Ahold from 2001 to 2007. Peter Ragauss will continue with the Company serving as Senior Vice President and CFO until Kimberly assumes those responsibilities on October 22, 2014.

Avon Products, Inc. (NYSE: AVP) announced that Kimberly Ross, Executive Vice President and Chief Financial Officer, has resigned effective October 2, 2014. Ms. Ross joined Avon in 2011. Robert Loughran, Vice President and Corporate Controller, will be appointed Avon’s acting Chief Financial Officer. Mr. Loughran has been with Avon for 10 years, serving as Vice President and Controller since 2012. He joined the company as Assistant Controller in 2004. Prior to Avon, Mr. Loughran spent 15 years in various financial reporting and accounting positions at public companies, and in public accounting roles at PricewaterhouseCoopers LLP and Deloitte & Touche LLP.

hhgregg Inc. (NYSE: HGG) announced the hiring of Robert J. Riesbeck as Chief Financial Officer. Most recently, Mr. Riesbeck served as Operations Executive/Group CFO at Sun Capital Partners. Before joining Sun Capital, Mr. Riesbeck was CFO of Marsh Supermarkets, a Sun Capital portfolio company. Prior to this, Mr. Riesbeck was CFO of American Golf Corporation and also previously held business-unit CFO roles at Nike, Inc. Mr. Riesbeck began his career with Grant Thornton LLP.

The Dow Chemical Company (NYSE: DOW) announced that Chief Financial Officer William H. (Bill) Weideman has elected to retire from the Company, following 38 years of service with Dow. The Board of Directors has elected Howard I. Ungerleider to succeed him as chief financial officer, and his appointment will become effective October 1, 2014. Ungerleider joined Dow in 1990. In 2006, he was appointed North American commercial vice president for Dow’s Basic Plastics business portfolio. From 2008 to 2011, Ungerleider served as vice president of Investor Relations. He was named president for Dow’s Performance Plastics Division in 2011, and in 2012 was named executive vice president of Dow’s Advanced Materials Division, and joined Dow’s senior-most executive team. Thomas Kiraly

Hanger, Inc. (NYSE: HGR) announced that Thomas Kiraly, former Executive Vice President, Chief Financial Officer, and Treasurer of Sheridan Healthcare, will join Hanger as Executive Vice President on Oct. 1 and will become Chief Financial Officer during the fourth quarter 2014.  Mr. Kiraly will work closely with incumbent CFO George McHenry until Mr. Kiraly assumes the role of CFO later this year.  As previously announced, Mr. McHenry will retire on Dec. 31, 2014. Prior to Hanger, Mr. Kiraly served as the EVP, CFO, and Treasurer of Sheridan Healthcare, Inc. From 1999 to 2011, as EVP, CFO, and Treasurer of Concentra, Inc. From 1988 to 1999, he was EVP and CFO of BRC Holdings, Inc.

Summit Hotel Properties (NYSE: INN) announced that Greg A. Dowell has been appointed Executive Vice President, Chief Financial Officer and Treasurer effective October 1, 2014. Mr. Dowell will succeed Paul Ruiz, who has served as interim Chief Financial Officer since May of 2014. Mr. Ruiz will continue to serve in his present position as Vice President and Chief Accounting Officer. Most recently, Dowell held the position of Senior Executive Vice President and Chief Operating Officer at American Campus Communities (NYSE: ACC). Prior to joining ACC in 2001, Dowell spent ten years in progressive capacities with Century Development where he began as an accountant and ultimately served as Senior Vice President of Management Services over the student housing portfolio.

Recommind announced that it has appointed Bernard Huger to the position of Chief Financial Officer. Huger was previously Chief Financial Officer of MuleSoft. He previously served as Vice President of Investment Banking at J.P. Morgan. Prior to his tenure at J.P. Morgan, he served as a Vice President at Stifel Nicolaus.Mike Kaufmann

Cardinal Health announced that Michael C. Kaufmann has been named chief financial officer of the company effective Nov. 11, 2014. This follows the previously announced planned retirement of current Chief Financial Officer Jeffrey W. Henderson.  Kaufmann has served in the role of chief executive officer of Cardinal Health’s Pharmaceutical segment since 2009.  He joined Cardinal Health in 1990 and held a number of senior operational, sales and finance positions. Kaufmann is a member of the executive committee of the boards of the Healthcare Distribution Management Association and the National Association of Chain Drug Stores, and a trustee at Ohio Northern University.

Saia Inc. (NASDAQ: SAIA) announced that Fritz Holzgrefe has been named the company’s new chief financial officer (CFO). Holzgrefe most recently served as the vice president of business development for a Georgia subsidiary of one of the world’s leading agricultural processors. Prior to that, he served as the same company’s vice president and CFO. Jim Darby, Saia’s CFO of 14 years, will remain with the company through Sept. 30 to facilitate the transition.

First Advantage, a Symphony Technology Group (STG) company, announced that Michael S. Duffey has joined as Chief Financial Officer (CFO). Previously, Duffey spent 10 years as CFO at market information firm Symphony IRI, another STG business. Duffey has also held executive finance positions at a broad range companies, including Covansys Corporation, APW and M.A. Hanna Company.

International Paper Company (NYSE: IP) announced the election of Ray G. Young to its board of directors effective October 1, 2014. Mr. Young has been the senior vice president and chief financial officer of Archer Daniels Midland Company (ADM) since 2010. Prior to joining ADM, Young served as vice president of international operations in China at General Motors Company (GM), as well as executive vice president and chief financial officer of GM.

diaDexus, Inc. (OTC: DDXS) announced that Jean Viret, Ph.D., chief financial officer, will be leaving the company effective September 19, 2014 to pursue an opportunity outside of the company.

Bankwell Financial Group, the holding company for Bankwell Bank, announced that Michael Brandt joined the Company’s Board. Mr. Brandt is Senior Vice President and Chief Financial Officer at Prudential Retirement, a division of Prudential Financial. Mr. Brandt was previously Senior Managing Director and Chief Financial Officer at GE Capital Commercial Finance and Region Head and Chief Operating Officer, Americas at Babcock & Brown.

XZERES Corp. (OTC: XPWR) has appointed R. Michael Williams as chief financial officer, succeeding Steven Shum who has been appointed chief operating officer and who will remain a company director. Williams previously served as CFO of Dr. Bott. Prior to Dr. Bott, he was vice president of finance at Sonetics Corporation. He has also served as CFO of Silver Eagle Manufacturing Co. Before Silver Eagle, Williams was vice president of finance at HemCon Medical Technologies. Earlier in his career, he held controller positions at FEI Company, TRM Corporation, Williams Controls Industries, Gerber Legendary Blades Division of Fiskars, and Del Monte Foods.

VigiLanz announced the appointment of Patrick Spangler as Chief Financial Officer. Before joining VigiLanz, he served as Chief Financial Officer of Healthland, Inc. Prior to his tenure at Healthland, he served as SVP and CFO for Epocrates, a public company purchased by athenahealth. He also served as SVP and CFO of ev3, Inc., a public company purchased by Covidien. Prior to ev3 he served in various capacities at Medtronic Inc. Mr. Spangler also serves on the Board of Directors of Urologix Inc. (NASDAQ: ULGX).

MemberSuite, Inc. announced it has brought on John Hutchinson as Chief Financial Officer. Previously he was CFO of CCH Small Firm Services.

QNB Bank has named Janice McCracken as Chief Financial Officer.  McCracken previously served as CFO for Noah Bank and National Penn Bank.

HMS Holdings Corp. (NASDAQ: HMSY) announced that Jeffrey S. Sherman will serve as Executive Vice President, Chief Financial Officer and Treasurer. Jeff Sherman joins HMS from AccentCare, where he served as EVP/CFO. Sherman previously was EVP/CFO of publicly traded LifePoint Hospitals Inc. His healthcare experience also includes senior finance positions at Tenet Healthcare Corporation.

U.S. Auto Parts Network, Inc. (NASDAQ: PRTS) announced the resignation of David G. Robson as its Chief Financial Officer. Michael Yoshida, the Company’s current Controller, will assume the responsibilities as Principal Accounting Officer and Interim Chief Financial Officer. Mr. Yoshida has served as the Controller of the Company since 2009. From August 2005 until August 2009, Mr. Yoshida served as the Vice President Finance and Controller for Hot Topic, Inc. and as the Senior Director of Finance and Controller for Bristol Farms from December 1998 until August 2005. Mr. Yoshida served as Chief Financial Officer, Vice President Finance at Farmers Market from May 1995 to December 1998.  From 1984 to 1995, Mr. Yoshida held various accounting and finance positions with Ralphs Grocery Company and Irvine Ranch Farmers Market.

Wunderman New York named Dan Wadleigh aboard as chief financial officer. Dan Wadleigh brings over 15 years of sound financial and operational strategies within the marketing services industry to Wunderman.  Wadleigh joins Wunderman from Landor where he served as chief financial officer.

SCAN Health Plan announced the appointment of Vinod Mohan as the company’s new chief financial officer. Most recently Mohan served as regional chief financial officer/Medicare and Medicare Advantage plans for UnitedHealth Group Inc./United Healthcare. Immediately prior, Mohan served as chief financial officer for Sutter Health Plus and before that chief financial officer/vice president, consumer business for WellPoint.

Creative Associates International announced that Oswaldo Holguin will join as Chief Financial Officer. Holguin served as Deputy Chief Financial Officer at Management Systems International and was Finance and Administration Director at Chemonics International, where he also held other key financial posts.

Itron, Inc. (NASDAQ: ITRI) announced that W. Mark Schmitz has been appointed executive vice president (EVP) and chief financial officer (CFO). Schmitz most recently served as the CFO of Alghanim Industries. He previously served as CFO at several other global corporations, including The Goodyear Tire and Rubber Co., Tyco International Limited’s Worldwide Fire and Security Segment and Plug Power Inc. In addition, he held a number of financial leadership roles at General Motors over 25 years. Schmitz succeeds Steven Helmbrechtas Itron’s CFO. Helmbrecht will remain with Itron through December 31, 2014 to facilitate a smooth transition.

NTN Buzztime, Inc. (NYSE: NTN) announced that Kendra Berger has resigned as the Company’s Chief Financial Officer, and will continue to provide transition and support services through December 31, 2014.  Sandra Gurrola, the Company’s current Controller, will be promoted to Vice President of Finance and serve as the principal accounting officer for financial reporting purposes.  Ms. Gurrola joined the Company in November of 2009 as the Director of Accounting and has continued to escalate in her role and responsibilities since that time.

NBTY, Inc., and its parent company, Alphabet Holding Company, Inc., announced the appointment of Dipak Golechha as their Chief Financial Officer. Mr. Golechha comes to NBTY and Alphabet Holding from Chobani, where he served as Chief Financial Officer. Previously, Mr. Golechha spent nearly two decades at Procter & Gamble, where he was Chief Financial Officer of Global Feminine Health & Hygiene and Chief Financial Officer of Global Snacks.

MOCON, Inc. (NASDAQ: MOCO) announced that Darrell Lee will retire as vice president, treasurer and CFO at the beginning of October 2014, after nearly ten years with the company. Elissa Lindsoe, former CFO of Galil Medical Ltd., has been appointed vice president, treasurer and CFO effective October 6, 2014. Prior to her tenure at Galil, she served as CFO for two publicly traded companies: Urologix, Inc. and Indentix Incorporated.

Acucela Inc. announced that its Chief Financial Officer (CFO), David Lowrance, will be leaving the Company for family reasons. Brian O’Callaghan, who currently sits on Acucela’s Board of Directors, and has been appointed to become the company’s new President and Chief Operating Officer (COO), will also assume the role of Interim CFO. Brian O’Callaghan has served on the Company’s Board of Directors since September 2013. He was most recently Chairman and CEO of Sonrgy Inc. Previous to Sonrgy, Mr. O’Callaghan served as President and Chief Executive Officer of Sangart Inc. and as a member of Sangart’s Board of Directors. Mr. O’Callaghan has also held the position of Chief Commercial Officer at NPS Pharmaceuticals, Inc., and as General Manager of two global divisions of Covance Inc.,

Glovista Investments LLC announced the appointments of Christy Espinal as the firm’s Chief Financial Officer. Prior to joining Glovista, Christy was the Controller and FINOP for MYD Market Inc. Prior to that, Christy was Assistant Controller for Proxima Alfa Investments (USA) LLC. Prior to Proxima, Christy was Senior Internal Auditor for Sony Corporation of America and previously part of the Assurance and Advisory practice of Deloitte & Touche LLP. Ted Laufik

Cyprium Partners announced the hiring of Ted Laufik as its new Chief Financial Officer and Chief Compliance Officer. Mr. Laufik will replace Dennis Wagner, who plans to retire on October 31st. Ted is a senior finance professional with more than 25 years of finance, strategy, investor relations and compliance experience, including with one of the country’s leading private equity and venture capital firms.

Riverbed Technology (NASDAQ: RVBD) announced the appointment of Steffan Tomlinson to its board of directors. Mr. Tomlinson currently serves as Chief Financial Officer of Palo Alto Networks. Mr. Tomlinson has held the chief financial officer position at a number of technology companies, including Aruba Networks from 2005 to 2011.

PRGX Global, Inc. (NASDAQ: PRGX) announced that Robert B. Lee, the Company’s Chief Financial Officer, Controller and Treasurer, will retire from the Company on December 31, 2014. In connection with Mr. Lee’s pending retirement, Peter Limeri has been named Senior Vice President – Finance, effective September 11, 2014. The Board of Directors of the Company intends to appoint Mr. Limeri as the Company’s Chief Financial Officer later this year. Peter Limeri has over 25 years of financial experience, including his previous service with PRGX as Chief Financial Officer from February 2006 until May 2009. Mr. Limeri’s previous experience also includes serving as President and Chief Executive Officer of LCG, LLC, and service as President and Chief Financial Officer of Physiotherapy Associates.

KCG Holdings, Inc. (NYSE: KCG) announced the departure of Steve Bisgay, Chief Financial Officer.  Sean Galvin, Chief Accounting Officer, will serve as KCG’s Interim CFO. Mr. Galvin led the accounting team at Knight Capital before taking the lead accounting role at KCG.

Rocket Fuel Inc. (NASDAQ: FUEL) announced that J. Peter Bardwick, Chief Financial Officer, has given notice of his intention to resign as CFO to pursue other opportunities closer to his home and family. Mr. Bardwick will continue to serve as CFO until the end of the Company’s third fiscal quarter of 2014 and will continue with Rocket Fuel in a consulting capacity thereafter. Beginning on October 1, 2014, Ms. Bela Pandya, the Company’s Vice President of Finance, will serve as interim CFO.

CFO Moves – week ending September 5, 2014

CFO Moves this week include:

Amazon.com, Inc. The Hershey Company DigitalGlobe
Novotus Summit Healthcare REIT, Inc. Intevac, Inc.
EXIGER Command Center, Inc. Ironwood Pharmaceuticals, Inc.
Millennial Media Epizyme, Inc. Cloud Peak Energy Inc.
LGS Innovations WageWorks, Inc. Tokai Pharmaceuticals, Inc.
Novatel Wireless, Inc. First Mountain Bank Pendrell Corporation
Big Fish Washington Real Estate Investment Trust BuyAutoParts.com
RuiYi, Inc. TSS, Inc. StationDigital Corporation
OGE Energy Corp. WPCS International Incorporated Plug Power Inc.

Would you like to receive our weekly CFO Moves directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

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 s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.

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Amazon.com, Inc. (NASDAQ: AMZN) announced that Thomas J. Szkutak, Senior Vice President and Chief Financial Officer, will retire from the company in June 2015. Mr. Szkutak has been Amazon’s CFO since joining the company in October 2002. Brian T. Olsavsky, Vice President of Finance for the company’s global consumer business, will succeed Mr. Szkutak as CFO. Mr. Olsavsky joined Amazon in April 2002 as Vice President of Finance. He has held numerous financial leadership roles across Amazon with global responsibility. Prior to joining Amazon, he was employed by Fisher Scientific International for 7 years in a variety of financial and business management roles.

The Hershey Company (NYSE: HSY) announced that David W. Tacka, Senior Vice President and Chief Financial Officer, intends to retire from the company at the end of the year.

DigitalGlobe (NYSE: DGI) announced that Fred Graffam will become Interim Chief Financial Officer for the company, effective Sept. 3, 2014. He assumes responsibility for financial operations as the company continues its search for a successor to departing CFO, Yancey L. Spruill. Spruill’s departure was announced previously on May 1, 2014. Graffam has served as the company’s Vice President of Financial Planning & Analysis since July 2013. Prior to joining DigitalGlobe, Graffam served as Senior VP of Finance – North America and Asia Pacific for Level 3 Communications from 2012 to July 2013. Before serving at Level 3, Graffam spent 17 years with Comcast Corporation, serving as Senior VP of Comcast’s Beltway Region from 2008 to 2011 and as Senior VP-Finance, West Division from 2002 to 2008. He began his career in public accounting with Deloitte.Penny Lozano

Novotus announced that Penny Lozano joined Novotus as the Chief Financial Officer. Prior to joining Novotus, Lozano served as a consultant (CPA) in addition to serving as the CFO or Controller at various organizations including Planet Hollywood, Jupiter USA and Earthmark Companies.

Summit Healthcare REIT, Inc. announced that Elizabeth A. Pagliarini has been appointed Chief Financial Officer effective September 1, 2014. Ms. Pagliarini joined Summit in June 2014 as its Controller. Since 2008, Ms. Pagliarini has served as a principal at The Elizabeth Group. From 2005 to 2008, Ms. Pagliarini served as chief financial officer and chief compliance officer of an investment bank. Prior to that, she founded a boutique investment bank and registered broker-dealer, and served as chief executive officer and chairwoman of a Nasdaq-listed investment brokerage subsidiary. Ms. Pagliarini replaces the interim chief financial officer, Dominic J. Petrucci, who has returned his focus to his commercial real estate investment and consulting company.

Intevac, Inc. (NASDAQ: IVAC) announced that Jeffrey S. Andreson, chief financial officer (CFO), has advised the company of his resignation, effective September 19, 2014, in order to become the CFO of a publicly-traded company in the semiconductor capital equipment industry. Charles B. Eddy, who served as the company’s CFO from its founding in 1991 until his retirement in 2007, will be interim CFO while the company conducts its search for a permanent successor.

EXIGER announced the appointment of Ronald A. Collins as Managing Director and Chief Financial Officer. Mr. Collins joins EXIGER from Update, Inc., a leading provider of outsourced discovery, legal staffing and litigation support, where he was Chief Financial Officer. Prior to Update, Mr. Collins was a managing partner at Augusta Columbia Capital. Mr. Collins has also held senior leadership roles at Altegrity, where he served most recently as treasurer and, prior to that, as its head of mergers & acquisitions. Prior to Altegrity, he was on the investment teams of numerous private equity firms including: Providence Equity Partners, Spectrum Equity Investors and CVC Capital Partners; and was an investment banker with Lehman Brothers.

Command Center, Inc. (OTC: CCNI) has appointed company director Jeff Wilson as chief financial officer. He previously served as CFO of Acumatica, and Microvison. Prior to Microvision, he held senior finance and accounting positions with Siemens Medical Systems, and earlier in his career Wilson served as a manager at PricewaterhouseCoopers. With the appointment of Wilson, Ralph Peterson, who has served as principal accounting officer on an interim basis since August of 2013, has retired from the company.

Ironwood Pharmaceuticals, Inc. (NASDAQ: IRWD) announced the appointment of Thomas Graney as chief financial officer (CFO) and senior vice president of finance and corporate strategy. Michael Higgins, who was CFO and chief operating officer (COO) of Ironwood, has decided to leave the company but plans to remain as COO through December 2014 to ensure a smooth transition. Prior to joining Ironwood, Mr. Graney spent 20 years working with J&J and its affiliates, most recently serving for four years as worldwide vice president of finance and CFO of Ethicon.

Millennial Media (NYSE: MM) announced the appointment of Andrew Jeanneret as Executive Vice President and Chief Financial Officer. Jeanneret has served as the Company’s Senior Vice President of Accounting and Chief Accounting Officer since 2011. Prior to joining Millennial Media, he served as Chief Financial Officer at Dialysis Corporation of America. Jeanneret has also held senior level finance and accounting roles at Guilford Pharmaceuticals and Life Technologies. He began his career with Coopers & Lybrand, LLP.

Epizyme, Inc. (NASDAQ: EPZM) announced that Jason Rhodes, President and Chief Financial Officer, has resigned from the company, effective September 30, 2014. Mr. Rhodes, who has served on Epizyme’s leadership team since 2010, will be joining a venture capital firm.

Cloud Peak Energy Inc. (NYSE: CLD) announced that its current Executive Vice President and Chief Financial Officer, Michael Barrett, is planning to relocate his family back to Australia and is expected to resign from Cloud Peak Energy by the end of the first quarter of 2015. Barrett has served as Cloud Peak Energy’s Executive Vice President and Chief Financial Officer since September 2008. The company also announced that it expects to promote Heath Hill, currently Cloud Peak Energy’s Vice President and Chief Accounting Officer, to serve as Executive Vice President and Chief Financial Officer following Barrett’s departure. Hill has served as the company’s Vice President and Chief Accounting Officer since September 2010. Previously, he served in various capacities with PricewaterhouseCoopers LLP from September 1998 to September 2010.

LGS Innovations announced the appointment of John Fitzgerald as Executive Vice President and Chief Financial Officer (CFO). Mr. Fitzgerald recently served eight years as the Chief Accounting Officer for ManTech International Corporation. Prior to joining LGS, Mr. Fitzgerald provided finance and accounting services to several companies owned by private equity firms. Other positions previously held include Vice President and Chief Accounting Officer of DynCorp and Vice President and Controller at Litton/PRC Inc.

WageWorks, Inc. (NYSE: WAGE) announced that Colm Callan has been appointed the Company’s Chief Financial Officer (CFO). Mr. Callan most recently served as CFO of the Product and Technology division of PayPal, an eBay Inc. (NASDAQ: EBAY) company. Prior to his position at PayPal, Mr. Callan was a Senior Director of Corporate Development at eBay Inc. He also brings almost a decade of technology investment banking experience from his roles at Credit Suisse, Morgan Stanley, and Merrill Lynch.

Tokai Pharmaceuticals, Inc. announced the appointment of Lee Kalowski as chief financial officer. Prior to joining Tokai, Mr. Kalowski served as vice president, global biotechnology equity research at Credit Suisse. Prior to joining Credit Suisse, he worked in mergers and acquisitions in the pharmaceutical division of Johnson & Johnson, and in global pharmaceutical equity research at Sanford C. Bernstein and Prudential Equity Group.

Novatel Wireless, Inc. (NASDAQ: NVTL) announced that the Company has appointed Michael Newman as Executive Vice President and Chief Financial Officer. Prior to joining the Company, Mr. Newman served in senior executive level positions at Websense, Inc. over an eleven-year span from 2002 to 2013. From 2011 to 2013, he served as Chief Financial Officer, and from 2002-2011 he served in a variety of capacities, including General Counsel and Chief Administrative Officer. Prior to his time with Websense, Mr. Newman handled securities and corporate development matters in the legal department for Gateway, Inc. Tom Allen, who has served as the Company’s Interim Chief Financial Officer since June 2014, will continue to provide consulting services to the Company, including transition assistance to Mr. Newman in his new role as CFO.

First Mountain Bank (OTC: FMBP) announced that Dennis R. Saunders, President and Chief Financial Officer (CFO), will be retiring as of December 31, 2014.

Pendrell Corporation (NASDAQ: PCO) announced that Steve Ednie has been appointed vice president and chief financial officer. He spent a decade at Clearwire Corporation, where he most recently served as chief accounting officer.  Previously, he was director of tax for Expedia and chief tax officer for XO Communications.  Big Fish CFO Bob Chamberlain

Big Fish announced that it has appointed Robert J. Chamberlain as chief financial officer. For the last two decades, Chamberlain has been a senior financial executive for rapidly growing technology companies.  He was CFO of PopCap Games as well as at F5 Networks. Additionally, Chamberlain has held senior financial positions at Audience Science, Watchguard Technologies, Onyx Software and Getty Images.  Chamberlain began his career at KPMG.

Washington Real Estate Investment Trust (NYSE: WRE) announced that Bill Camp, the Company’s Executive Vice President (EVP) and Chief Financial Officer (CFO), will step down as CFO to pursue other opportunities.

BuyAutoParts.com announced that Chris Struempler has been appointed Chief Financial Officer. Prior to joining BuyAutoParts.com, Chris was Senior Finance Director for JC Penny’s Digital Commerce.  Before JC Penney, Struempler worked for Amazon.com for 6 years in Financial Leadership roles within Merchant Services, Worldwide Operations, and as VP & Treasurer for Amazon Capital Services.  Prior to Amazon, Struempler worked at Procter & Gamble for 9 years where he held various financial leadership positions.

RuiYi, Inc. announced the appointment of Mark Saad as chief financial officer (CFO). Mr. Saad was most recently CFO at Cytori Therapeutics for the past ten years. Prior to Cytori, Mr. Saad served as executive director in the Investment Banking Department at UBS, where he was both a calling officer and chief operating officer of the market leading Global Healthcare Group.

TSS, Inc. (OTC: TSSI) announced that it has appointed John K. Penver as Chief Financial Officer. Mr. Penver has been acting as the Interim Chief Financial Officer of TSS since July 2, 2014. Mr. Penver was the Chief Financial Officer of Fallbrook Technologies, Inc, from November 2012 until February 2014. From February 2005 until October 2012, Mr. Penver was the Vice President of Finance, Chief Financial Officer and Company Secretary of Active Power, Inc. Mr. Penver has also held a number of senior financial leadership positions, including with Silicon Gaming, Inc., Factory Logic, Inc. and Deloitte & Touche LLP in the United States and Australia.

StationDigital Corporation (OTC: SDIG) announced the appointment of Steve Marr to the role of Chief Financial Officer (CFO). Prior to joining StationDigital Corporation, Mr. Marr was the business unit director and CFO engagement director for Stone Carlie. He also was the corporate controller for a global automobile components manufacturer, and finance director of a $750M printing and electronic media company.OGE Energy Corp Steve Merrill 2014

OGE Energy Corp. (NYSE: OGE) announced that the promotion of Sean Trauschke to President. Trauschke is currently the President of the subsidiary Oklahoma Gas and Electric Company as well as Chief Financial Officer of OGE Energy. In addition Steve Merrill has been named Chief Financial Officer of both entities. Merrill has previously served in various senior roles at OGE Energy as well as Chief Financial Officer and Chief Operating Officer of Enogex, one of the predecessor companies to Enable Midstream Partners, LLC. Trauschke joined OGE Energy Corp. in 2009 as Chief Financial Officer. He was named president of OG&E, the utility, in 2013. Merrill joined Enogex, a gas transportation company formerly a subsidiary of OGE Energy, in 2007. He transferred to OG&E as Vice President of Human Resources in 2009 and then returned to Enogex as CFO in 2012.

WPCS International Incorporated (NASDAQ: WPCS) announced the appointment of David Horin as its new Chief Financial Officer (“CFO”). Mr. Horin is currently a Managing Partner of Chord Advisors, LLC. From 2008 to June 2012, Mr. Horin was the Chief Financial Officer of Rodman & Renshaw Capital Group, Inc. From 2003 to 2008, Mr. Horin was the Managing Director of Accounting Policy and Financial Reporting at Jefferies Group, Inc. Prior to his employment at Jefferies Group, Inc., from 2000 to 2003, Mr. Horin was a Senior Manager in KPMG’s Department of Professional Practice in New York.

Plug Power Inc. (NASDAQ: PLUG) announced that Chris Hutter has been appointed Chief Financial Officer (CFO), effective November 6, 2014. Mr. Hutter will take over responsibilities for Dave Waldek who has served at Plug Power as interim CFO since April of 2013. Most recently, he was Executive Vice President and CFO of PowerSecure International, Inc. (NYSE: POWR). Prior to PowerSecure International, Mr. Hutter served as National Vice President of Finance, Treasurer, Investor Relations and Assistant Secretary at ADVO, Inc.

CFO Moves – week ending August 29, 2014

CFO Moves this week include:

Starwood Hotels & Resorts Worldwide, Inc. Bacardi Limited HeartFlow, Inc.
WiTricity ArborGen Atigeo
Pharmaceutical Product Development, LLC Centaur Guernsey L.P. Inc. MRV Communications
McDermott International, Inc. Cascade Integrated Services Republic Services, Inc.
EndoChoice CME Group Inc. American Driveline Systems, Inc.
Forward Industries, Inc. Western Digital Corp. Mortgage Contracting Services
Public Interest Registry GoodData Skytap
Kenandy, Inc. LanzaTech IZEA, Inc.
Chase Corporation Era Group Inc. Beam Suntory Inc.,
Globalstar, Inc. InvenSense, Inc.

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Should you have any CFO Moves to report, please email us.

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 s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.

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Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced that Thomas B. Mangas has been named Executive Vice President, Chief Financial Officer, effective September 29, 2014. Mangas most recently served as Executive Vice President and Chief Executive Officer of Armstrong Floor Products, a division of Armstrong World Industries, Inc. From 2010 to 2013, he was Senior Vice President and Chief Financial Officer of the parent company, Armstrong World Industries, Inc. Previously, he spent 20 years at The Procter & Gamble Company in increasingly senior finance and accounting positions.Kevin McNamara

Bacardi Limited announced the appointment of Kevin F. McNamara as Bacardi Limited Senior Vice President and Chief Financial Officer (CFO). Mr. McNamara succeeds Joseph J. Schena who left the company for another opportunity. Mr. McNamara most recently served as Corporate Controller for Bacardi. Mr. McNamara joined Bacardi in March of 2013. Prior to Bacardi, Mr. McNamara served as Executive Vice President, Chief Financial and Administration Officer for Centerplate, Inc. He also served in various finance leadership roles at Procter & Gamble and its subsidiaries.

HeartFlow, Inc. announced the appointment Baird Radford as chief financial officer. Prior to joining HeartFlow, Mr. Radford served as vice president of finance at Intuitive Surgical, Inc. Prior to Intuitive Surgical, Mr. Radford held various positions at eBay, Inc., including vice president of finance for Marketplaces Europe, as well as vice president, corporate controller, and chief accounting officer. Mr. Radford also worked in the audit practice of PricewaterhouseCoopers LLP.

WiTricity announced that it has named Donald R. Peck as Chief Financial Officer (CFO). Joanne Bryce, WiTricity’s current CFO, will remain with the company in a key consulting role. Peck most recently served as EVP, CFO and Treasurer of Lojack Corporation. Prior to his role at LoJack, Peck served as Executive Vice President, Chief Financial Officer and Treasurer at Satcon Technology Corporation. He also spent time as Executive Vice President, Chief Financial Officer and Treasurer at Egenera, Inc. and The First Marblehead Corporation.

ArborGen announced that John M. Radak has been named chief financial officer (CFO). Radak most recently served as the CFO of Skinit, Inc. Prior to that he was the vice president of finance and chief accounting officer for Invitrogen Corporation before joining Quidel Corporation as chief financial officer.

Atigeo announced that Scott Mahan has joined as Chief Financial Officer. Most recently Mahan served as SVP Operations and CFO at BSQUARE. Prior to that, Mahan also held roles at Xylo, Qpass, Sequel Technology, Spry, Paccar and Ernst & Young.

Pharmaceutical Product Development, LLC announced the appointment of Robert Hureauas executive vice president and chief financial officer. Hureau begins his new role on Sept. 23. Hureau joined PPD from Centaur Guernsey L.P. Inc., where he served as executive vice president and CFO. Previously, he held a series of senior leadership positions of increasing responsibility, including senior vice president and CFO at Sensata Technologies N.V. and vice president of finance with The Jean Coutu Group (PJC) U.S.A., Inc., chain of retail pharmacies. In addition, Hureau’s experience includes financial leadership responsibilities with Ocean Spray Cranberries, Inc., and other companies in the consumer sector.

Centaur Guernsey L.P. Inc. announced that Robert Hureau, Executive Vice President and Chief Financial Officer for Centaur and each of its operating subsidiaries Kinetic Concepts, Inc., LifeCell Corporation and Systagenix Wound Management, Limited, has notified the Company that he will be resigning to pursue another career opportunity. Mr. Hureau will continue in his current role until September 23, 2014. Following Mr. Hureau’s departure, Brian Busenlehner, Vice President, Corporate Controller, will serve as interim Chief Financial Officer. Mr. Busenlehner has served as Vice President, Controller since 2007.

MRV Communications (NASDAQ: MRVC) announced it named Mark J. Bonney as its executive vice president and chief financial officer. Mr. Bonney, who has been serving as a director of MRV since April 2013, replaced Stephen Garcia as the Company’s CFO. Mr. Bonney has been on the MRV board of directors since April 2013. He also has served as the president and CEO of On Board Advisors, LLC since January 2013. From March 2010 to December 2012, Mr. Bonney was EVP and CFO of Direct Brands, Inc. From 2005 to 2008, he was EVP and CFO of American Bank Note Holographics, Inc. Mr. Bonney is currently a director of Sigma Designs, Inc., where he has served since August 2012, and of Zix Corporation, where he has served since January 2013.

McDermott International, Inc. (NYSE: MDR) announced that Stuart Spence has been appointed Executive Vice President and Chief Financial Officer following the departure of Perry L. Elders, Senior Vice President and Chief Financial Officer. Immediately prior to joining McDermott, Mr. Spence served as Vice President, Artificial Lift for Halliburton Company. Previously, he served as Senior Director, Strategy and Marketing for Halliburton’s Completion and Production Division. Mr. Spence joined Halliburton following Halliburton’s acquisition of Global Oilfield Services Inc. in November 2011. He served as Executive Vice President and Chief Financial Officer of Global Oilfield Services from 2008 to 2011 and as Executive Vice President, Strategy, in 2011 in connection with the sale to Halliburton. His prior experience also includes positions of increasing financial and management responsibility at: Green Rock Energy, LLC; and Vetco International Ltd. (holding company for Aibel Ltd. and Vetco Gray, Inc.).

Cascade Integrated Services announced that it has promoted Bill Banham to CFO. Banham joined the company in 2012 as vice president of business and finance.

Republic Services, Inc. (NYSE: RSG) announced that Charles F. “Chuck” Serianni has been named executive vice president and chief financial officer. Mr. Serianni has been with Republic for 17 years and has held senior field and corporate finance positions of increasing responsibility, including senior vice president and chief accounting officer. Mr. Serianni succeeds Glenn A. Culpepper who has left the Company to pursue other opportunities. Serianni has held progressively more responsible positions, including senior vice president and chief accounting officer and vice president, controller for West Region operations. Prior to Republic, Serianni held finance positions at Sunglass Hut International, Inc. and Deloitte & Touche.

EndoChoice announced that David Gill has joined the company as Chief Financial Officer. David Gill has been the CFO of four public companies and led the IPO’s of Interland, CTI and NxStage.

CME Group (NASDAQ: CME) announced that it has promoted John Pietrowicz to Senior Managing Director and Chief Financial Officer as James E. Parisi, who has held that role since 2004, will retire from the company on December 31.  Pietrowicz, who has been with the company since 2003 and has been serving most recently as Senior Managing Director, Corporate Development & Finance and Deputy CFO, will move into the CFO role effective upon Parisi’s resignation.

American Driveline Systems, Inc. announced that it has appointed Jim Gregory as CFO of the company, and its subsidiary corporations AAMCO Transmissions Inc., Cottman Transmission Systems, LLC, and Global Powertrain Systems, Inc. Jim Gregory officially joins the company as the chief financial officer (CFO) after four months of serving as the interim CFO. Previously, Gregory served as a Principal on American Capital’s private equity team. During his nine-year tenure at American Capital, he served on the Board of Directors for businesses across a variety of industries including American Driveline Systems, Inc. since 2009. Prior to his work at American Capital, Gregory was an investment banker specializing in mergers & acquisitions at Edgeview Partners.

Forward Industries, Inc. (NASDAQ: FORD) announced that it has terminated the employment of James McKenna as Chief Financial Officer, Treasurer and Assistant Secretary of the Company. Forward has engaged Financial Consulting Strategies LLC to provide the services of an interim financial director.

Western Digital Corp. (NASDAQ: WDC) announced that chief financial officer Tim Leyden is retiring after 24 years of distinguished service at the company. He is being succeeded by Olivier Leonetti, who has served as vice president, finance at Amgen Inc. from 2011, after having previously spent 14 years in global finance leadership positions at Dell Inc. Leyden will remain with the company through January 2015 in a transition role and advisory capacity to ensure a smooth transition. The changes are effective as of September 8, 2014.

Mortgage Contracting Services has named Bart R. Vincent as the company’s chief financial officer.Marc Saitta Public Interest Registry

Public Interest Registry announced the hiring of Marc Saitta as chief financial officer. Saitta joins Public Interest Registry from the American Association of Motor Vehicle Administrators where he served as chief financial officer. He previously served in executive financial roles at Hanley Wood, Vois Inc., Smithsonian Business Ventures, America Online and Ogden Corporation.

GoodDataannounced the appointment of Pete Godbole as Chief Financial Officer. Pete joins GoodData from VMWare, where he served as Chief Financial Officer for the End User Computing Business.

Skytap announced the appointment of Frank Colich as Chief Financial Officer (CFO). Colich was previously the CFO of 3TIER. Prior to that, Colich spent nearly a decade in financial and operations leadership roles at Frontier Geosciences. Stephen Cumming

Kenandy, Inc. announced that Stephen Cumming has been appointed Chief Financial Officer. Previously, Cumming served as CFO at Atmel Corporation. He also served as vice president of business finance for Fairchild Semiconductor. He additionally served in roles at National Semiconductor.

LanzaTech announced the appointment of Gregg Clevenger as Chief Financial Officer. Clevenger was most recently Executive Vice President and CFO of GXS Corporation. Mr. Clevenger has more than 25 years of international finance experience having served as CFO and board director of both privately held and public companies across the technology and telecoms sectors and as an investment banker at Goldman Sachs and Morgan Stanley in New York, Hong Kong and Singapore.LeAnn Hitchcock

IZEA, Inc. (OTC: IZEA) announced the appointment of LeAnn Hitchcock as Chief Financial Officer. Ms. Hitchcock began working with IZEA as a consultant in November 2011. She was named IZEA’s interim CFO in June 2013. Prior to working with IZEA, Ms. Hitchcock worked as the Chief Financial Officer of NBI Juiceworks in 2010 and in 2009 as the SEC Compliance Officer of Workstream Inc. From 2002 to 2009, Ms. Hitchcock worked at Galaxy Nutritional Foods as its Chief Financial Officer and later its SEC Compliance Officer. In 1997, Ms. Hitchcock became the Chief Financial Officer of FoodMaster International.

Chase Corporation (NYSE: CCF) announced the appointment of Kenneth J. Feroldi as Treasurer and Chief Financial Officer. Ken is currently Director of Finance for Chase and was previously Vice President – Finance, Chief Financial Officer and Treasurer of NEPTCO, Inc. from 1992 until 2012 when NEPTCO was acquired by Chase.

Era Group Inc. (NYSE: ERA) announced that the Board has named Christopher S. Bradshaw, Era’s Executive Vice President and Chief Financial Officer, as Acting Chief Executive Officer while the Board identifies a permanent Chief Executive Officer. Mr. Bradshaw will also retain his duties as Chief Financial Officer. Bradshaw has served as Executive Vice President and Chief Financial Officer at Era Group since October 2012.

Beam Suntory Inc. announced the appointment of Mauricio Restrepo as the company’s Chief Financial Officer.  Restrepo will join Beam Suntory from SABMiller, where he currently serves as Regional Finance Director for the brewer’s European business.  He has previously been the company’s CFO – Latin America, and CFO of its Grupo Empresarial Bavaria subsidiary based in Colombia.  Prior to entering the beverage alcohol business, Restrepo held commercial and finance positions of increasing responsibility at Random House, South American automaker SOFASA, and JP Morgan.  Restrepo will join Beam Suntory early in the fourth quarter.

Globalstar, Inc. (NYSE: GSAT) announced the Company has promoted Rebecca Clary to Vice President and Chief Financial Officer. Ms. Clary joined Globalstar in September 2010 and has most recently held the positions of Chief Accounting Officer since January 2013 and Corporate Controller since August 2012.

InvenSense (NYSE: INVN) announced that Alan Krock will depart InvenSense to pursue other opportunities. Krock will assist with the transition and serve as a special advisor through Oct. 31, 2014. Mark P. Dentinger succeeds Krock as InvenSense’ vice president and chief financial officer. Dentinger was most recently executive vice president and chief financial officer of KLA-Tencor Corporation. Before joining KLA-Tencor, Dentinger was executive vice president and chief financial officer of BEA Systems, Inc. until the company was acquired.

CFO Moves – week ending August 22, 2014

CFO Moves this week include:

Dropbox DISH Network VMware, Inc.
DreamWorks Animation YapStone Omni Bio Pharmaceutical, Inc.
AXT, Inc. Highwoods Properties, Inc. Vector Capital
Popeyes Louisiana Kitchen, Inc. Kirkland’s, Inc. Pure Storage
Pan-American Life Insurance Group Health Net, Inc. Extended Stay America, Inc.
Cytori Therapeutics ABILITY Network Inc. Westwood Holdings Group, Inc.
Allergan, Inc. ServiceSource Ahmann-Martin
REI VirtualScopics, Inc. SEACOMP, Inc.
ENER-CORE, Inc. Healthcare Trust of America, Inc. CYREN
Z Trim Holdings, Inc. NorthStar Anesthesia WaferGen Bio-systems, Inc.
Quri Inc. StudioNow ClearStory Data
Holloman Energy Corporation IntelliCell BioSciences, Inc. The Safariland Group
Outrigger Enterprises Group Aaron’s, Inc.

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Should you have any CFO Moves to report, please email us.

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 s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.

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Dropbox announced the appointment of Bob Mylod to its Board of Directors. Bob previously served as Vice Chairman and CFO of Priceline. In addition to providing strategic counsel, Bob will serve as Chairman of our Audit Committee to oversee our financial reporting and risk management. Steve Swain

DISH Network (NASDAQ: DISH) announced that Robert Olson, DISH’s executive vice president and CFO, will retire from the company Oct. 15. Steve Swain, senior vice president of Programming, will succeed Olson as CFO. Prior to his appointment as senior vice president of Programming, Swain served as vice president of Corporate Financial Planning and Analysis for DISH. Prior to DISH, Swain spent more than 15 years working in the telecommunications sector, most recently at CenturyLink, formerly Qwest Communications. There he served in multiple leadership roles across Finance, including corporate financial planning and analysis, treasury, and investor relations, as well as in Network Engineering.

VMware, Inc. announced that Jonathan Chadwick will be assuming an expanded role as chief financial officer and chief operating officer for VMware. DreamWorks New Chief Financial Officer Fazal Merchant

DreamWorks Animation (NASDAQ: DWA) announced that Fazal Merchant is joining as the company’s Chief Financial Officer.  Merchant joins DreamWorks following current CFO Lew Coleman’s shift earlier this month to the role of Vice Chairman.  Merchant will officially start on September 15, 2014. Merchant comes to DreamWorks Animation from DIRECTV, where he was most recently SVP and CFO of DIRECTV Latin America; until April 2014, Merchant also held the title of SVP, Treasurer & Corporate Development.  Prior to joining DIRECTV in July 2012, Merchant was a managing director and group head at the Royal Bank of Scotland.   Prior to that, he was a managing director in the Investment Banking Division of Barclays Capital, where he spent seven years advising clients on strategy, financing, and risk solutions. Merchant also spent nine years at Ford Motor Company in various treasury and finance management positions across functions in the U.S. and Europe.

YapStone announced John Malnar as Vice President and Chief Financial Officer. Malnar joins YapStone from PayPros, which was acquired by Global Payments Inc., where he most recently served as Chief Financial Officer. Prior to joining PayPros, Malnar spent more than ten years at Focus Strategies, BlackRock, Merrill Lynch and JP Morgan.

Omni Bio Pharmaceutical, Inc. (PINK: OMBP) announced the appointment of Jack Riccardi as its Chief Financial Officer. Mr. Riccardi was formerly CFO of ADial Pharmaceuticals and served most recently as CFO and Partner at Green Street Ventures. Mr. Riccardi’s appointment will become effective on September 1, 2014. Prior to his role at Green Street Ventures, Mr. Riccardi served as Chief Financial Officer, Treasurer and Secretary of ADial Pharmaceuticals. He also served as Chief Financial Officer of Modern Visuals. Mr. Riccardi spent eight years at General Motors (GM), last serving as Director, Strategic Planning.

AXT, Inc. (NASDAQ: AXTI) announced that it has appointed Gary L. Fischer vice president and chief financial officer. In 1993, he joined ISSI, as chief financial officer. In 2005, Fischer joined eRide. The company was acquired in 2009. Fischer continued with eRide as a consultant into 2014 and expanded his consulting practice.

Highwoods Properties, Inc. (NYSE: HIW) announced that Terry L. Stevens, Senior Vice President and Chief Financial Officer, will retire at the end of September. Stevens will be succeeded by Mark F. Mulhern who currently serves on the Company’s Board of Directors, and is currently the CFO of Dallas-based Exco Resources, Inc. (NYSE: XCO). Mulhern joined Exco as executive vice president and chief financial officer in April 2013. Prior to Exco, he served as senior vice president and chief financial officer of Progress Energy, Inc. from September 2008 until its merger with Duke Energy Corporation (NYSE: DUK) in July 2012. He joined Progress Energy in 1996 as vice president and controller and served in a number of roles at Progress Energy, including vice president of strategic planning, senior vice president of finance and president of Progress Ventures. Before joining Progress Energy, Mulhern was the chief financial officer at Hydra Co Enterprises. Mulhern has served on the Company’s Board of Directors since January 2012. Mulhern will step down as a director prior to joining the Company.

Vector Capital welcomes Jim Murray as Chief Financial Officer. Murray joins Vector after 14 years at Blum Capital, where he was the Chief Financial Officer and Chief Administrative Officer. Prior to that Jim worked at California Federal Bank, Coopers & Lybrand, and Kenneth Leventhal & Company where he specialized in tax matters.

Popeyes Louisiana Kitchen, Inc. (NASDAQ:PLKI) announced that William P. Matt will be joining the Popeyes executive team as Chief Financial Officer. Mr. Matt most recently served as Chief Operating Officer of La Senza Global, an arm of L Brands Inc., based in Columbus, Ohio. Mr. Matt also served as Chief Financial Officer of Victoria Secret Direct while at L Brands, Inc. Prior to his 14 years with L Brands, Mr. Matt spent nine years at PepsiCo/KFC, culminating as Vice President, Planning.

Kirkland’s, Inc. (NASDAQ: KIRK) announced that W. Michael Madden, the Company’s Senior Vice President and Chief Financial Officer, has been promoted to President and Chief Operating Officer. Kirkland’s expects Mr. Madden to assume the role of Chief Executive Officer after a period of orderly transition. Mr. Madden will remain the company’s principal financial officer pursuant to S.E.C requirements.

Pure Storage named Tim Riitters chief financial officer. Riitters joins Pure Storage on August 26 from Google, where he spent 10 years in finance. Previous to Google, he held leadership positions at both Siebel Systems and Deloitte.Carlos Mickan

Pan-American Life Insurance Group announced the appointment of Carlos F. Mickan to the company’s Board of Directors. Mr. Mickan currently oversees all financial operations as the Executive Vice President and Chief Financial Officer of Pan-American Life and will continue in that role. Mr. Mickan has been a member of the senior management team at Pan-American Life since June 2005. Prior to joining Pan-American Life, Mr. Mickan served as senior vice president and CFO of Principal International Inc., the International Division of Principal Financial Group.

Health Net, Inc. (NYSE: HNT) announced that James Woys has been named executive vice president, chief financial and operating officer, and interim treasurer, effective September 2, 2014. Woys has been executive vice president and chief operating officer since November 2007. Previously Woys served as acting chief financial officer from November 2006 through October 2007. The company announced that Joseph C. Capezza, currently executive vice president, chief financial officer and treasurer, will retire as CFO.

Extended Stay America, Inc. (NYSE: STAY) announced that Lisa Palmer has been appointed to its Board of Directors as an independent director. Lisa Palmer is currently Executive Vice President and Chief Financial Officer for Regency Centers (NYSE: REG). Ms. Palmer joined Regency in 1996 and served as its Senior Vice President from 2003 until 2013. Previously, Ms. Palmer worked with Accenture as a consultant and as a financial analyst at General Electric.

Cytori Therapeutics (NASDAQ: CYTX) announced that Tiago Girão has been appointed Vice President of Finance and Chief Financial Officer (CFO), with an effective start date of September 2, 2014. Mr. Girão joins Cytori Therapeutics as Vice President of Finance and CFO from NuVasive, Inc. where he recently served as International Controller. Prior to his International Controller role, he served as Director, Financial Reporting, where he managed a team responsible for all corporate technical accounting and SEC related matters. Prior to joining NuVasive, Mr. Girão served as Senior Manager, Assurance at KPMG, Cytori’s independent audit firm and was responsible for Cytori’s account for six years. Prior to joining KPMG, Mr. Girão was a senior accountant for Ernst & Young in Brazil. Mr. Girão is a certified public accountant with 14 years experience in the accounting, finance and reporting for U.S. public companies and substantial experience in global finance and operations. Cytori announced that former CFO Mark Saad had accepted another opportunity and would be leaving the Company. Mr. Saad will remain as a consultant to Cytori for a period of time and will continue to support the new VP Finance and CFO as well as the management team during the transition period.Bob Barbieri

ABILITY Network Inc. announced that Robert Barbieri has joined the organization as Chief Financial Officer (CFO). Prior to joining ABILITY, Barbieri served as CFO at Converge One. He is also a member of Century Park Capital’s Executive Council. Barbieri’s experience includes serving as Executive Vice President (EVP) and Chief Financial and Performance Officer at Lawson Software. Barbieri was also EVP and CFO at TriZetto; CFO at Textura; CFO at Apogee Enterprises; and a senior executive with Air Products.

Westwood Holdings Group, Inc. (NYSE: WHG) announced the appointment of Jennipher Mattson as Westwood’s Chief Financial Officer. Prior to joining Westwood, she served as Executive Vice President, Chief Financial Officer and Treasurer of CEC Entertainment, Inc. Earlier in her career, she spent 15 years with KPMG LLP, serving as Audit Partner from 2006 to 2010.

Allergan, Inc. (NYSE: AGN) announced that Jim Hindman has been named Executive Vice President, Finance and Business Development, Chief Financial Officer. Mr. Hindman succeeds Jeff Edwards, who after 21 years of service to Allergan, including nine years in the Chief Financial Officer role, has decided to step down from the position due to family commitments. Mr. Edwards will remain employed by Allergan in a non-executive officer capacity to facilitate a smooth transition. Mr. Hindman joined Allergan in 1984 and has served as Senior Vice President, Treasury, Risk and Investor Relations since 2002. Prior to that, he served in a variety of finance positions, including Senior Vice President, Finance and Controller, Assistant Corporate Controller and Vice President, Financial Planning and Analysis. Mr. Hindman also serves as President of The Allergan Foundation. Before joining Allergan, Mr. Hindman worked at Deloitte, Haskins and Sells.

ServiceSource (NASDAQ: SREV) announced the appointment of Chief Financial Officer, Ashley Fieglein Johnson, as Acting CEO as it searches for its next CEO. Prior to ServiceSource, Ms. Johnson founded GreenAtom. Ms. Johnson spent several years with General Atlantic. Before General Atlantic, Ms. Johnson led international business development for Ariba and worked in both venture investing and investment banking for the technology corporate finance division of Morgan Stanley.

Ahmann-Martin announced that Jennipher Mattson has joined as Chief Financial Officer. Mattson previously spent 9 years contributing to the long-term advancement of the world’s leading medical technology company, where she served as Regional Finance Leader of Cardiac and Vascular Group Sales.

REI promoted Eric Artz, chief financial officer (CFO), to the additional role of chief operating officer (COO). He will retain the CFO role. Artz joined REI in 2012 as CFO. He was most recently CFO at Urban Outfitters and spent many years with VF Outdoor and VF Contemporary Brands in both financial and operational roles.

VirtualScopics, Inc. (NASDAQ: VSCP) announced that James Groff has been named chief financial officer.  Mr. Groff has held the role of acting chief financial officer since August 2013.  He joined VirtualScopics in January 2006 as an accounting manager and was promoted to controller in February 2013. He has been acting chief financial officer since 2013. Josh Nelson

SEACOMP, Inc. announced that Josh Nelson has joined as Chief Operating Officer and Chief Financial Officer. Nelson previously held consulting CFO positions for numerous businesses across multiple industries. He also spent time as a Controller providing accounting guidance and analysis at a global electronics manufacturing company. Nelson began his career as a Senior Design Engineer for Boeing in 1996.

ENER-CORE, Inc. (OTC: ENCR) announced it named Domonic J. (DJ) Carney as its chief financial officer. Most recently, Mr. Carney was an independent consultant. He has previous experience at T3 Motion and Composite Technology Corporation. Mr. Carney started his career at Deloitte & Touche.

Healthcare Trust of America, Inc. (NYSE: HTA) announced that Kellie S. Pruitt, Chief Financial Officer, Secretary and Treasurer of HTA has notified the Company of her intentions to retire. Ms. Pruitt will remain with the Company through September 30, 2014 and, thereafter, will serve in an advisory capacity until December 31, 2014 to ensure a smooth transition. Effective September 1, 2014, HTA has appointed Robert A. Milligan as Chief Financial Officer, Secretary and Treasurer. Mr. Milligan currently serves as the Company’s Executive Vice President of Corporate Finance and Capital Markets and has been with the Company since 2012. Prior to HTA, Mr. Milligan served in various corporate finance and capital markets roles with Bank of America Merrill Lynch and General Electric.

CYREN (NASDAQ: CYRN) announced the appointment of Michael Myshrall to the permanent role of Chief Financial Officer. Myshrall has served as interim CFO since March. Myshrall joined CYREN in January 2011 as vice president of corporate development and recently served as vice president of financial planning and analysis.  Prior to joining CYREN, he focused on technology strategy, financial advisory and mergers and acquisitions, first with Mercator Capital and more recently with Trilos Ventures. Myshrall previously held various roles with Nortel, Newbridge Networks, Corvis, and Civcom.

Z Trim Holdings, Inc. (OTC: ZTHO) announced that it has promoted Controller, John Elo, to Chief Financial Officer. Prior to joining the company in 2012, Mr. Elo spent over 25 years in corporate finance management at prominent food manufacturing, retail sales and financial services firms. Mr. Elo will take over from current CFO and Chief Legal Officer, Brian Chaiken, who is returning to Florida with his family.Jeremiah Radandt

NorthStar Anesthesia has appointed Jeremiah Radandt chief financial officer. Most recently he served as chief financial officer for Primary Children’s Hospital, a unit of Intermountain Healthcare. Prior to Intermountain he served as the vice president of strategy and chief financial officer for a key business unit of HealthMarkets, Inc. Radandt also spent several years as a consultant with Bain & Company.

WaferGen Bio-systems, Inc. (OTC: WGBS) announced the appointment of Michael Henighan as Chief Financial Officer. Prior to joining WaferGen, Mr. Henighan was a founder and Chief Financial Officer of Aplegen, Inc. since early 2011. From 1997 to 2011, Mr. Henighan served as Chief Financial Officer or Corporate Controller at three publicly-traded healthcare companies including Alpha Innotech, Inc., HemoSense, Inc., and Cholestech Corp.  Prior to 1997, he also held senior management positions with Solectron, Applied Biosystems, and Motorola.

Quri Inc. announced the appointment of Quri’s new chief financial officer, Selim Freiha. Previously, Selim was chief financial officer for PayPal’s cross-border trade efforts at eBay.

StudioNow announced the appointment of Rob Tanner as its new Chief Financial Officer. Tanner has a diverse background in financial management, investment banking, mergers and acquisitions and business strategy within both Fortune 1000 and growth-stage companies.

ClearStory Data announced that Jim Buckley joined the company as chief financial officer. Prior to ClearStory, he oversaw MobileIron’s growth through their IPO and was Airespace’s CFO during Cisco Systems’ acquisition of the company. He also served as CFO with CyberSource Corporation (was on NASDAQ before being acquired by Visa) and Cygnus Solutions that was integrated into Red Hat.

Holloman Energy Corporation (OTC: HENC) announced the resignation of Robert Wesolek, and appointment of Gina Serkasevich as Chief Financial Officer. Gina Serkasevich joined Holloman Energy as its Financial Controller in June 2013. In addition, since July 2013, she has served as U.S. Controller for EFLO Energy, Inc. Ms. Serkasevich joined Holloman Corporation in June 2012, and also continues to act as its Director of Finance. Prior to 2012, Ms. Serkasevich worked in the Oil and Gas Tanker Transportation industry as a Regional Financial Manager for AET Inc. Limited (2011-2012), as a Financial Consultant for OSG Ship Management, Inc. (NYSE-OSG) (2009-2011) and as a Financial Controller/CFO for Stena Bulk LLC (1998-2008).

IntelliCell BioSciences, Inc. (OTC: SVFC) announced that it has added John Huber III as interim Chief Financial Officer. Mr. John Huber III is a managing partner at Mango & Huber CPAs in Westfield, New Jersey and has been a practicing CPA in the New York/New Jersey metropolitan area for the last 30 years. His firm has provided outsourced CFO services for several SEC companies over the last 10 years.

The Safariland Group announced the appointment of Scott F. Harris as Chief Financial Officer (“CFO”). Harris joins the Company after spending the past 14 years at Delphi Automotive PLC. Most recently, Harris was Vice President, Finance and CFO for Delphi Thermal Systems, an operating segment of that company. Before assuming the CFO position in 2007, he was the Finance Director of the Delphi Diesel business based in Paris, France and a Director of the Corporate Controller’s Staff in Troy, Michigan. Prior to joining Delphi, Harris held several financial leadership positions with Honeywell including assignments in Morristown, New Jersey; Tulsa, Oklahoma; and Luxembourg. Michael Regan

Outrigger Enterprises Group announced the appointment of Michael Regan as executive vice president and chief financial officer. Regan most recently served as the hold separate manager on behalf of the Federal Trade Commission, operating the Lumiere Place Casino and Hotel in St. Louis, Missouri, where he was responsible for all assets and the total operation of the property while ownership changed hands as a result of a merger. Regan also has served as a member of the board of directors of Rite Aid Corporation and their audit committee since 2007 and its lead director since 2011. Prior positions have included chief financial officer for Indianapolis Downs LLC; and CFO, SVP finance and planning and VP finance and planning for The St. Joe Company. Regan also worked for 17 years at Harrah’s Entertainment/The Promus Companies (the owner/operator of the Embassy Suites, Hampton Inn and Homewood Suite Hotel brands) as vice president corporate controller; vice president finance, Harrah’s Division; controller, Harrah’s Tahoe; and manager strategic planning, Harrah’s Division.

Aaron’s, Inc. (NYSE: AAN) announced that it has appointed Gilbert L. Danielson, Executive Vice President and Chief Financial Officer, as interim Chief Executive Officer, effective August 31, 2014. Gil has been the Chief Financial Officer at Aaron’s, Inc. since 1990 and its Executive Vice President since 1998. Mr. Danielson served as Vice President of Finance at Aaron’s, Inc. from 1990 to 1998. He has more than 20 years of experience as an Officer and a Director of Aaron’s, Inc. Mr. Danielson served as a Director of Servidyne, Inc. (formerly known as Abrams Industries Inc.) from 2000 to 2011.

CFO Moves – week ending August 15, 2014

CFO Moves this week include:

Zoetis Inc. Spectrum Brands Holdings, Inc. Newell Rubbermaid
Dollar General Corporation Jo-Ann Fabric and Craft Stores LRES
Cohu, Inc. Nuverra Environmental Solutions Energizer Holdings, Inc.
Satellite Logistics Group Kush Bottles ITC Holdings Corp.
GI Partners Accelerize New Media Inc. Detechtion Technologies
Real Mex Restaurants Auxilium Pharmaceuticals, Inc. United Fiber & Data, LLC
Millennial Media, Inc. Kindred Biosciences, Inc. EZCORP, Inc.
Adamas Pharmaceuticals, Inc. Tesoro Corporation CMS Bancorp, 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 s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.

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Zoetis Inc. (NYSE: ZTS) announced the appointment of Paul Herendeen as its new Executive Vice President and Chief Financial Officer (EVP & CFO). Herendeen will begin in his role at Zoetis on Sept. 2, 2014. Herendeen replaces former EVP and CFO Rick Passov, who left the company in April. Glenn David, Senior Vice President of Finance Operations, has been serving as Acting CFO in the interim. David will remain at Zoetis and be an integral part of Herendeen’s leadership team. From 2005 to 2013, Herendeen served as CFO at Warner Chilcott, which was acquired by Actavis in 2013. He joined Warner Chilcott after four years as EVP and CFO of MedPointe. He had been Warner Chilcott’s CFO from 1998 until 2000, joining the company after representing one of its lead investors on Warner Chilcott’s Board of Directors. From 1989 to 1998, Herendeen spent nine years as a principal investor at both Dominion Income Management and Cornerstone Partners. He also spent the early part of his career in banking and public accounting, having held various positions with the investment banking group of Oppenheimer & Company, the capital markets group of Continental Bank Corporation, and as a senior auditor with Arthur Andersen & Company.

Spectrum Brands Holdings, Inc. (NYSE: SPB) announced that Douglas L. Martin will join the Company on September 1 as Executive Vice President and Chief Financial Officer. Mr. Martin replaces Tony Genito who announced plans in April to leave Spectrum Brands by the end of 2014 to return with his family to the Southeast. Mr. Martin comes to Spectrum Brands from Newell Rubbermaid, where he had been Executive Vice President and Chief Financial Officer since 2012 as part of a 27-year career with the company. Prior to serving as CFO, Mr. Martin held a number of key financial leadership positions, including Deputy Chief Financial Officer, Vice President of Finance – Consumer Group, Vice President of Finance – Office Products Group, Vice President and Treasurer, and Vice President, Tax. Mr. Martin began his career with KPMG LLP.

Newell Rubbermaid (NYSE: NWL) announced that Doug Martin, Executive Vice President and Chief Financial Officer, has resigned from the company effective August 31, 2014 to accept a senior leadership position with another company. John Stipancich , the company’s Executive Vice President, General Counsel, Corporate Secretary and EMEA Leader, has been named the company’s Interim Chief Financial Officer. Prior to joining Newell Rubbermaid, Mr. Stipancich held executive positions with Evenflo Co., Inc. and Borden, Inc., both former Kohlberg Kravis Roberts & Co. portfolio companies. He started his legal career as an associate with the international law firm of Squire Patton Boggs.

Dollar General Corporation (NYSE: DG) announced the appointment of Paula A. Price, to its board of directors. Price, who has been designated an audit committee financial expert, will serve on the audit committee of Dollar General’s board. Price has been Senior Lecturer at Harvard Business School in the Accounting and Management Unit since July 2014. She was Executive Vice President and Chief Financial Officer of Ahold USA from May 2009 until January 2014. Before joining Ahold, she was the Senior Vice President, Controller and Chief Accounting Officer at CVS Caremark Corporation from July 2006 until August 2008. Earlier in her career, Price served as the Chief Financial Officer for the Institutional Trust Services division of JPMorgan Chase and held several other senior management positions in the U.S. and the U.K. in the financial services and consumer packaged goods industries. A certified public accountant, she began her career at Arthur Andersen & Co. Price currently serves as a director of Accenture and Western Digital Corporation. She previously served as a director of Charming Shoppes, Inc.

Jo-Ann Fabric and Craft Stores announced that Jim Kerr, the Company’s Executive Vice President and Chief Financial Officer, will serve as Interim Chief Executive Officer of the Company, while continuing in his current role as CFO.

LRES has promoted Susheel Mantha to chief financial officer. Before accepting the role of CFO, Mantha served as a controller in the accounting department at LRES. Prior to joining LRES, she served as divisional controller for a large industrial services company.

Cohu, Inc. (NASDAQ: COHU) announced that Andrew M. Caggia has been elected to the Cohu Board of Directors. Mr. Caggia has more than 35 years of financial management experience and from 2000 until his retirement in 2006 served as Senior Vice President and Chief Financial Officer of Standard Microsystems Corporation. Prior to SMSC, Mr. Caggia held senior financial management positions at General Instrument/General Semiconductor and began his career at SCM Corporation. Mr. Caggia also served as a director of SMSC from 2001 until its acquisition by Microchip Technology, Inc. in 2012.

Nuverra Environmental Solutions (NYSE: NES) announced that it has appointed Tod C. Holmes, former Executive Vice President and Chief Financial Officer of Republic Services, Inc., to serve as an independent director of the Company and a member of the Board’s Audit Committee. Prior to joining the Nuverra Board, Mr. Holmes served as Executive Vice President and Chief Financial Officer of Republic Services, Inc. (NYSE: RSG) from December 2008 until January 2013. Prior to Mr. Holmes being named Senior Vice President and Chief Financial Officer of Republic Services in August 1998, he served as Vice President of Finance for the Solid Waste Group of Republic Industries, Inc. (now AutoNation). In the nearly three decades prior to joining Republic Industries, Mr. Holmes held management and executive-level positions with numerous companies, including Browning Ferris Industries, Inc., Compagnie Generale de Geophysique, and KPMG.

Energizer Holdings, Inc. (NYSE: ENR) announced the Company’s leadership transition plan for the finance organization.  Dan Sescleifer, who has served as Energizer’s Chief Financial Officer since 2001, has informed the Company that he intends to depart following completion of the previously announced separation of Energizer’s Personal Care and Household Products businesses.  Mr. Sescleifer will continue to serve as Energizer’s CFO through the completion of the separation, which is expected to occur by July 1, 2015. Sandy Sheldon, who serves as the Company’s Vice President, Finance, has been named Chief Financial Officer of the Personal Care business.  Brian Hamm, who serves as the Company’s Controller and Chief Accounting Officer, has been named Chief Financial Officer of the Household Products business.  These appointments will be effective upon completion of the planned separation. Ms. Sheldon has been the Vice President, Finance of the Company since 2006 and in positions of increasing responsibility within Energizer prior to that date.  Prior to joining Energizer, she served as Manager, Internal Audit of Ralston Purina from 1986 to 1993 and as an auditor with PriceWaterhouseCoopers.  Mr. Hamm has been the Chief Accounting Officer, Vice President and Controller of the Company since 2013.  He served as Vice President, Global Business Transformation from 2012 to 2013.  Mr. Hamm joined Energizer in 2008 and served as its Vice President of Global Finance – Energizer Household Products from 2009 to 2012. Prior to joining Energizer, he served as a Vice President of Domestic Planning at PepsiAmericas.  Michael Ritchey

Satellite Logistics Group announced that Michael Ritchey has joined the company as Chief Financial Officer. Over the past 18 years, he has held a variety of positions at Reyes Holdings, LLC.  Most recently, he served as vice president of finance there. Ritchey succeeds outgoing CFO Diane Mohr who celebrated twelve years of service with SLG in March. Mohr will be retained in a consulting capacity through the end of the year to ensure a smooth transition.

Kush Bottles announced today the hiring of Chris Martin as the company’s new Chief Financial Officer. Martin most recently served as Director of Accounting, North America, at Billabong. Martin also worked for Haskell & White for almost ten years.

ITC Holdings Corp. (NYSE: ITC) announced that Rejji P. Hayes has been named as a senior vice president and the company’s permanent chief financial officer.  Mr. Hayes will also continue in the role of treasurer.  Mr. Hayes joined ITC in February 2012 as its vice president of finance and treasurer. Previously, he was assistant treasurer and director, Corporate Finance and Financial Strategy at Exelon Corporation in Chicago. He also served as vice president, Mergers and Acquisitions at Lazard Freres & Co. LLC.

GI Partners announced that Roy Kelvin has joined the firm as Chief Financial Officer. Prior to joining GI Partners, Mr. Kelvin served as the Chief Financial Officer of Vector Capital. Prior to Vector, he served as Chief Financial Officer of the New York-based private equity firm Zephyr Management. He also worked in senior finance and operations roles in the private equity and emerging markets divisions of Wasserstein Perella. Cary Anderson, GI’s previous Chief Financial Officer, is leaving the firm to pursue other opportunities.

Accelerize New Media Inc. (OTC: ACLZ), owner and operator of CAKE, announced the appointment of Michael Lin to the position of Chief Financial Officer. Mr. Lin joined the Accelerize in June of 2013 as Vice President of Finance. Mr. Lin has served as CFO at several technology and software related companies including Uniloc USA, Inc. and its subsidiary Blue Cava. He served as Vice President of Finance and a member of the board of directors of Fast Search and Transfer (“FAST”). In 2008 he worked to help complete the sale of FAST to Microsoft for $1.2 billion.

Detechtion Technologies announced that Jorge Ordonez has joined the company as Chief Financial Officer. Previously Jorge was CFO for Energy Solutions International. Before ESI, Jorge was Finance Director for ION Geophysical.

Real Mex Restaurants announced that Laurie Lawhorne has been appointed Chief Financial Officer. Prior to joining Real Mex, Ms. Lawhorne served as Senior Vice President, Chief Financial Officer and Treasurer for Captain D’s LLC and Grandy’s LLC. From 2009 to 2011 Ms. Lawhorne worked at Hudson Advisors, LLC, where she held the titles of VP of Capital and Corporate Planning as well as VP of Asset Management. From 1992 to 2009 she held a number of roles at Yum! Brands, Inc, including Director of Field Finance at Pizza Hut, Director of Financial Planning and Analysis at Yum! Restaurants International and Manager of Tax at Taco Bell.

Auxilium Pharmaceuticals, Inc. (NASDAQ: AUXL) announced that Andrew Saik was appointed Chief Financial Officer. Mr. Saik was most recently Senior Vice President, Finance and Treasurer at Endo Health Solutions. Prior to Endo, Mr. Saik served in senior financial management roles at Valeant Pharmaceuticals International, most recently as its Senior Vice President, Finance. Previously at Valeant, he was Chief Financial Officer of the Specialty Pharmaceuticals Division. Earlier in his career, Mr. Saik was a finance manager and analyst at Nexgenix, Inc. and the Atlantic Richfield Corporation.

United Fiber & Data, LLC has hired Brian Mass as acting CFO. Prior to joining United Fiber & Data, he was a founding partner of Ascent. Before Ascent, Mr. Mass was a director in Citigroup’s Global Technology Investment Banking Group. Prior to Citigroup, Mr. Mass was an analyst for Rho Ventures.

Millennial Media, Inc. (NYSE: MM) appointed Michael Barrett, the Company’s President and Chief Executive Officer, as the principal financial officer of the Company.

Kindred Biosciences, Inc. (NASDAQ: KIN) announced that Steve Galliker will be retiring as Chief Financial Officer of the company.

EZCORP, Inc. (NASDAQ: EZPW) announced the appointment of Mark E. Kuchenrither as President and Chief Executive Officer. Mr. Kuchenrither, who has been serving as Interim President and Chief Executive Officer since July will assume the President and Chief Executive Officer role.  Until the Company hires a new Chief Financial Officer, Mr. Kuchenrither will continue to serve in that role as well.

Adamas Pharmaceuticals, Inc. (NASDAQ: ADMS) announced that William (Bill) J. Dawson has been named Chief Financial Officer, replacing Anthony (Tony) Rimac. Mr. Dawson was most recently a consultant to a number of companies, including Adamas. Previously he served as Chief Financial Officer at Catalyst Biosciences, Inc., from 2010 to 2012. Prior to Catalyst, he was Vice President of Finance and Chief Financial Officer of Cerus Corporation, from 2004 to 2009. Mr. Dawson also spent over 25 years in senior financial positions at several companies, including McKesson Corporation and Volpe Brown Whelan & Company LLC. He has also served on the board of directors of McGrath RentCorp since 1998 and Wellington Trust Company, a subsidiary of Wellington Management Company, LLP, since 2001.

Tesoro Corporation (NYSE: TSO) announced that Steven Sterin joined Tesoro as Executive Vice President and Chief Financial Officer. Scott Spendlove, who has served as the Company’s Chief Financial Officer since May 2010 is leaving the Company to pursue other interests. Steven joins Tesoro from Celanese Corporation, , where he held financial leadership positions of increasing scope, including service as Senior Vice President, Chief Financial Officer for the last seven years. Previously, Steven worked for Reichhold, Inc., and Price Waterhouse LLP.

CMS Bancorp, Inc. (NASDAQ: CMSB) announced the death of Stephen E. Dowd, its Chief Financial Officer (“CFO”). In the interim, the President and CEO, Mr. John E. Ritacco, will assume the functions of the CFO position on a temporary basis and delegate as appropriate until a permanent CFO or Acting CFO is appointed.

CFO Moves – week ending August 8, 2014

CFO Moves this week include:

Tesla Motors Inc. SolarCity Corporation The Madison Square Garden Company
Owens Corning Walgreens USA Truck, Inc.
Anthelio Healthcare Solutions Inc Accretive Health, Inc. Michael Baker International
LRES Lanyon First Internet Bancorp
EdR Scivantage Intersections Inc.
Sensient Technologies Corporation PTC Apothecary Products Incorporated
CafePress Inc. Michelman OncoGenex Pharmaceuticals, Inc.
loanDepot, LLC Sabine Oil & Gas LLC Noble House Hotels & Resorts
comScore SunEdison, Inc. Lift Brands
Koppers Holdings Inc. Blue Line Protection Group, Inc. XO Communications
Theravance, Inc. Panera Bread Company Socialware
WISErg Corporation

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Should you have any CFO Moves to report, please email us.

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 s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.

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Tesla (NASDAQ: TSLA) announced that Robyn Denholm, Executive Vice President, Chief Financial and Operations Officer at Juniper Networks, Inc., has been appointed to its board of directors. Denholm has also been appointed to chair the company’s Audit Committee and be a member of the Compensation and Nominating and Corporate Governance committees. These roles were previously filled by Brad Buss, who is vacating his committee positions upon joining SolarCity as its Chief Financial Officer. Buss will remain a member of Tesla’s board and will provide valuable continuity from his experience since joining the board in 2009. Denholm joined Juniper in 2007. She joined Juniper from Sun Microsystems, where she served as Senior Vice President, Corporate Strategic Planning. Denholm began her career in Australia, serving in various finance assignments for Toyota Motor Corporation and Arthur Andersen and Company.

SolarCity Corporation (NASDAQ: SCTY) has appointed Brad Buss as chief financial officer. Buss served Cypress Semiconductor as chief financial officer from August 2005 to June 2014. Prior to joining Cypress, Buss served as vice president of finance at Altera Corp., and prior to that, as CFO of Wyle Electronics’ Atlas Services Division. Buss also served as a member of Cisco Systems’ worldwide sales finance team, and as chief financial officer at Zaffire Inc. Mr. Buss is currently a member of the board of directors and audit committee chairman for both Tesla Motors and Cafepress.Sean Creamer

The Madison Square Garden Company (NASDAQ: MSG) announced that Sean Creamer has been named executive vice president and chief financial officer, effective September 1, 2014.  Mr. Creamer joins MSG following Bob Pollichino‘s announced planned retirement as executive vice president and chief financial officer. Mr. Pollichino will continue as chief financial officer until Mr. Creamer officially joins the company on September 1. Mr. Pollichino will then remain as an executive vice president with the company until his retirement later this year, after which he will continue to be available to advise MSG as a consultant for 12 months. Before joining MSG, Mr. Creamer spent nine years at Arbitron Inc., most recently serving as president and chief executive officer. Prior to this, he held the position of chief operating officer. Mr. Creamer joined Arbitron in August 2005 as executive vice president, Finance and Planning. Later that year he was named the company’s chief financial officer, a position he held until 2010, when he became executive vice president of the Company’s radio and cross-platform services and operations.  Mr. Creamer is also a former member of Arbitron’s board of directors. Prior to joining Arbitron, Mr. Creamer was senior vice president and chief financial officer of Laureate Education, Inc. Previously, Mr. Creamer held a number of financial positions with increasing responsibility at Mobil Corporation (now Exxon Mobil Corporation) and Price Waterhouse (now PriceWaterhouseCoopers).

Owens Corning (NYSE: OC) announced that Maryann T. Seaman, Executive Vice President and Chief Financial Officer, FMC Technologies, Inc., has been elected to the company’s Board of Directors. She joined the company in 1986 and has served as Senior Vice President and CFO, Vice President, Deputy Chief Financial Officer and Treasurer as well as Vice President of Administration. She also served as the Secretary to the Compensation and the Nominating and Governance Committees of the Board of Directors for FMC Technologies.Timothy McLevish

Walgreens (NYSE: WAG) announced the appointment of Timothy McLevish as Walgreens executive vice president and chief financial officer. McLevish comes to Walgreens from Kraft Foods Group, Inc. where he most recently served as executive vice president and chief financial officer. Prior to Kraft, he served in chief financial officer roles for Ingersoll-Rand, and Mead Corporation. McLevish also served in a leadership role at Zellerbach Paper Company, where he was vice president and general manager. McLevish succeeds Wade D. Miquelon, executive vice president, chief financial officer and president of international for Walgreens.

USA Truck, Inc. (NASDAQ: USAK) announced that Clifton R. Beckham has notified the Company of his plan to proceed with his resignation as Executive Vice President and Chief Financial Officer, effective September 30, 2014, to pursue new career opportunities.

Anthelio Healthcare Solutions Inc. announced the appointment of Jeff Robertson as CFO. Jeff succeeds Mark Falkenberg, who will remain with the company through the end of August. Most recently, Jeff was Senior VP at The Brock Group. Jeff has also served as Senior VP and Chief Accounting Officer for Safety-Kleen. He has also worked for Verizon Wireless, KPMG, and PWC.

Accretive Health, Inc. (OTC: ACHI) announced that it has appointed Peter Csapo, former chief financial officer and area senior vice president for VHA, Inc., as senior vice president, chief financial officer and treasurer. Csapo succeeds Sean Orr, who has served as senior vice president and chief financial officer of Accretive Health since August 2013. Orr will remain with the company, moving into a new role as SVP of finance. Prior to VHA, Csapo worked at McKesson Health Solutions as chief financial officer and vice president, customer operations. He joined McKesson in 1998, where he advanced through multiple corporate and divisional leadership roles during his 13-year tenure. Csapo also worked at Honeywell International, Inc., in finance and enterprise resource planning (ERP) systems. He began his career at the headquarters of Sears, Roebuck and Co. in audit and SEC financial reporting.

Michael Baker International announced that it has appointed Brian A. Lutes as Executive Vice President and Chief Financial Officer. Brian Arsenault, who had assumed the duties of Chief Financial Officer of the company on an interim basis since January 2014, will continue to serve the company as a Vice President in its Finance Group, and will assist Mr. Lutes as he transitions into his new role. Mr. Lutes recently served as Vice President and Chief Financial Officer of Sypris Solutions. He began his career with the General Electric Company where he spent 15 years and is a graduate of their Manufacturing Leadership Curriculum and Corporate Audit Staff.

LRES has named Don Mask, formerly LRES’ chief financial officer (CFO), as chief administration officer (CAO). Prior to joining LRES, Mask held executive level positions at several national companies that provide services for universities.

Lanyon announced John Mills has joined the company as its Chief Financial Officer. Mr. Mills most recently led financial operations as Chief Financial Officer for Infogroup. From 2005 to 2010, he was CFO for Travelocity and from 2011 to 2013, he was SVP and Treasurer of Sabre Holdings. He also held roles in finance, strategy, and operations for Atlantic Richfield Corporation and Shell Oil Company.

First Internet Bancorp (NASDAQ: INBK), parent company of First Internet Bank of Indiana, announced that Kenneth Lovik has been named the Company’s new Senior Vice President and Chief Financial Officer, effective August 18, 2014. He will succeed Kay Whitaker, SVP and Chief Financial Officer. Mr. Lovik comes to First Internet Bancorp following four years at First Financial Bancorp. Prior to that, Mr. Lovik worked in investment banking, providing financial advisory services to financial institutions.

EdR (NYSE: EDR) announced that Bill Brewer has joined the company as executive vice president and chief financial officer. Mr. Brewer has spent five years as executive vice president and chief financial officer for Sedgwick Claims Management Services, Inc. Prior to joining Sedgwick, Mr. Brewer was with PricewaterhouseCoopers (PwC) for 24 years. Drew Koester, who successfully led the EdR financial group as its interim principal financial officer and treasurer, will continue to be an integral part of EdR’s leadership team.

Scivantage announced the appointment of James (Jim) Corr as Executive Vice President and Chief Financial Officer. Prior to joining Scivantage, he spent eight years as the Controller, Chief Financial Officer and Chief Administrative Officer at Pershing-affiliated Albridge Solutions. Prior to Albridge Solutions, Corr held senior financial positions at firms in public accounting and private industry.

Intersections Inc. (NASDAQ: INTX) announced that Ronald L. Barden has been named the company’s Chief Financial Officer effective September 2, 2014. Mr. Barden will replace John G. Scanlon, who will be leaving the company in September 2014. Most recently, Barden served as Chief Financial Officer of N1Health LLC. Mr. Barden spent ten years in public accounting at Deloitte & Touche and Ernst & Young. Previously he served on the Board of Directors of Heilig-Meyers Company as Managing Director of Reorganization and Senior Vice President & Controller.

Sensient Technologies Corporation (NYSE: SXT) announced that Dick Hobbs will retire from his role as Senior Vice President and Chief Financial Officer in February 2015 and that he will be succeeded by Stephen Rolfs, Sensient’s current Senior Vice President, Administration. Mr. Hobbs has been Sensient’s Chief Financial Officer since July 2000. He joined the Company in 1973. Stephen Rolfs joined Sensient in 1997. Prior to assuming his current role as Senior Vice President, Administration, Mr. Rolfs was Sensient’s Controller and Chief Accounting Officer. He has also served as Sensient’s Treasurer and its Vice President, Corporate Development. Prior to joining Sensient, he was employed by Brown-Forman Corporation, as a financial analyst and as Assistant Vice President. From 1986 to 1991 Mr. Rolfs worked as a CPA for the public accounting firm of Ernst & Young.

PTC (NASDAQ: PTC) announced that CFO Jeff Glidden has notified the Company of his intention to retire in FY’15. To ensure a smooth transition, Mr. Glidden will remain in his current role until his replacement has been selected.

Apothecary Products Incorporated announced the appointment of Darran Spence as CFO. Prior to joining Apothecary as CFO, Darran Spence worked as a consultant with River Rock Partners. While at River Rock, she also provided interim CFO support for consumer product companies. Spence also served as CFO for Airborne and The ADS Group, and her earlier career includes progressive finance leadership roles at CNS, General Mills, and The Pillsbury Company.

CafePress Inc. (NASDAQ: PRSS) announced that Garett Jackson, current Interim Chief Financial Officer, has been named Chief Financial Officer.Jeff Rodgers

Michelman hired Jeff Rodgers as the company’s new CFO. Mr. Rodgers has held senior leadership and C-suite positions at companies including Aurora Casket Company, Panini, Crane Co., and General Electric.

OncoGenex Pharmaceuticals, Inc. (NASDAQ: OGXI) announced the appointment of John A. Bencich as Vice President and Chief Financial Officer (CFO). Prior to his recent appointment at OncoGenex, John served as CFO of Integrated Diagnostics Inc. Before joining Integrated Diagnostics in 2012, John was CFO of Allozyne. Earlier he served as the vice president, CFO and treasurer of Trubion Pharmaceuticals. Prior to his role at Trubion, he was the director of finance and corporate controller for Onyx Software Corporation. John started his career at Ernst & Young LLP. Jon Frojen

loanDepot, LLC announced the appointment of Jon Frojen as chief financial officer for the company. Frojen most recently served as chief financial officer for Cetera Financial Group.  Prior to joining Cetera, Frojen was managing director at Milestone Advisors.  Prior to that, Frojen served as senior vice president and chief financial officer at Indymac Commercial Lending Corp, as chief financial officer for ReMAE Mortgage Corporation, and vice president and treasurer for both Long Beach Mortgage Company and Avco Financial Services.

Sabine Oil & Gas LLC announced that Shane M. Bayless, the Company’s Executive Vice President and Chief Financial Officer, will be leaving the Company to pursue other opportunities. Bayless will step down effective with the closing of the previously announced merger with Forest Oil Corporation. Bayless has served as Sabine’s CFO since its inception in 2007.  Patricia Handjaja

Noble House Hotels & Resorts announced the appointment of Patricia Handjaja to Chief Financial Officer. Handjaja gained her hotel and resort knowledge starting as a corporate accountant for Noble House in 2001. From there, she went on to hold titles including director of finance and accounting, and VP of finance, accounting and tax.

comScore (NASDAQ: SCOR) announced that Mel Wesley will be joining the company as Chief Financial Officer, effective August 29th. He will step into the position following current CFO Kenneth Tarpey‘s retirement from comScore later this month. Most recently, he served as CFO of Mandiant Corporation. Prior to Mandiant, he spent over eight years at OPNET Technologies, where he was Senior Vice President and CFO. He also served as Corporate Controller for OPNET from June 2004 through November 2004. Previously Mr. Wesley also served as Corporate Controller for SteelCloud, Inc. and as Assistant Controller for Learning Tree International, Inc..

SunEdison, Inc.(NYSE: SUNE) announced that the Company’s Board of Directors has appointed former Vice Chairman and Chief Financial Officer of The Procter & Gamble Company, Clayton C. Daley, Jr., as a new independent member of the Board and as a member of the Audit Committee. Mr. Daley currently serves on the Board of Directors and is Chairman of the Audit Committee and a member of the Compensation and Option Committee of Starwood Hotels & Resorts Worldwide, Inc., and serves on the Board of Directors of Foster Wheeler AG.  Previously, he served as Chairman of the Audit Committee and a member of the Compensation and Executive Development and Governance and Nominating Committees of Nucor Corporation.

Lift Brands announced that Paul Carbone, the CFO of Dunkin’ Brands, the parent company of Dunkin’ Donuts and Baskin Robbins, has joined the board of directors of the company.

Koppers Holdings Inc. (NYSE: KOP) announced the appointment of Michael J. Zugay as Chief Financial Officer effective August 18, 2014. Mr. Zugay was Co-Chief Executive Officer and Chief Financial Officer for Michael Baker Corporation from 2012 to 2014 and was Chief Financial Officer for Michael Baker from 2009-2014. Prior to that time, he spent 14 years with iGATE Corporation, where he held various positions, including Senior Vice President and Chief Financial Officer from 2001 to 2008. The Chief Financial Officer position for Koppers is currently held by Leroy M. Ball, who was elected Chief Operating Officer for Koppers in May 2014.

Blue Line Protection Group, Inc. (OTC: BLPG) announced that it has appointed Patrick Deparini as the Company’s Chief Financial Officer. Mr. Deparini has been acting in the capacity of interim controller of Blue Line Protection Group since March of this year. He has served as an officer or director of numerous privately held corporations over the past 15 years, including FX Global Technologies, Inc., Nascent Group, Inc. and Rise Records, Inc.

XO Communications announced that Phong Le has been appointed as chief financial officer. Mr. Le joins XO after serving as vice president of financial planning and analysis for NII Holdings. Most recently, he was vice president, strategy and business operations in Nextel Brazil. Before NII, Mr. Le spent 12 years at Deloitte Consulting.

Theravance, Inc. (NASDAQ: THRX) announced that it has appointed Michael W. Aguiar as President and Chief Executive Officer of the Company effective August 15, 2014 and as a member of the Board of Directors effective immediately. Mr. Aguiar plans to continue to serve as Theravance’s Senior Vice President and Chief Financial Officer until his replacement is identified and appointed. From 2002 to 2005, Mr. Aguiar served as Vice President of Finance at Gilead Sciences, Inc. Prior to Gilead Sciences, Inc., Mr. Aguiar served as Vice President of Finance at Immunex Corporation and at Honeywell International in a variety of positions, including, most recently Chief Financial Officer and Vice President, Finance for Honeywell Electronic Materials SBU.

Panera Bread Company (NASDAQ: PNRA) announced that Roger Matthews, Executive Vice President and Chief Financial Officer, has resigned his position to pursue other opportunities. Effective August 6, 2014, Bill Moreton, the Executive Vice Chairman of the Company, will serve as Interim Chief Financial Officer. Bill Moreton has previously held the positions of Chief Executive Officer, Co-Chief Executive Officer and Chief Financial Officer of Panera Bread. Roger Matthews will transition his remaining duties through the end of August.

Socialware announced Sharon Kincl has joined the company’s leadership team as chief financial officer. Kincl comes to Socialware from PeakColo Holdings, Inc., where she served as treasurer and vice president of finance. Prior to joining PeakColo Holdings, Inc., Kincl was treasurer and vice president of finance at Vico Software, Inc. Prior to that, Kincl served as chief financial officer of Fetter Logic, Inc., Persona, Inc., and Intelliquest Information Group, Inc.

WISErg Corporation named Jonathan Alford as chief finance officer (CFO). Most recently, he served as a strategic consultant focused on developing competitive strategies and financial structures for thriving technology companies.

Karyopharm Therapeutics Inc. (NASDAQ: KPTI) appointed Justin Renz as Executive Vice President and Chief Financial Officer. Prior to joining the Company, Mr. Renz served as Executive Vice President, Chief Financial Officer & Treasurer of Zalicus Inc. (formerly CombinatoRx, Inc.) from March 2012 to July 2014, as Senior Vice President, Chief Financial Officer & Treasurer from July 2009 to February 2012 and as Vice President, Finance & Treasurer from September 2006 to June 2009.  From August 2005 to September 2006, Mr. Renz was Director, Accounting and Financial Operations at EMD Serono, Inc. From 2002 to 2005, he was Senior Director, Global Accounting and Finance at Coley Pharmaceutical Group, and has also held financial and accounting positions at ArQule, Inc., Millipore Corporation and Arthur Andersen LLP.

CFO Moves – week ending August 1, 2014

CFO Moves this week include:

Silicon Image, Inc. HCA Christopher & Banks Corporation
Cynosure, Inc. Physiotherapy Associates Rapid Pathogen Screening, Inc.
Zags Univita Health Kaufman Lynn Construction
Engineering Services Network, Inc. Dyadic International, Inc. ArbiterSports
Garden Fresh Restaurant Corp. WhiteHorse Finance, Inc. Titan America
NTE Energy Pilgrim Quality Solutions Acrow Bridge
WPX Energy Teakwood Capital American Energy – Permian Basin, LLC
Send Word Now Diamond Hill Investment Group, Inc. IAP Worldwide Services, Inc.
World Business Lenders GulfSlope Energy FTI Consulting, Inc.
Clean Diesel Technologies, 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 s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.

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Silicon Image(NASDAQ: SIMG) announced the appointment of Raymond Cook as Chief Financial Officer. Mr. Cook joins Silicon Image from STEC (recently acquired by HGST, a wholly owned subsidiary of Western Digital) where he served as Executive Vice President and Chief Financial Officer for the last five years. Prior to STEC, Mr. Cook held several executive positions including Vice President Finance & Corporate Controller of Mindspeed Technologies, Inc., Executive Director of Accounting and External Reporting for Conexant Systems, Inc., and Director of Accounting for Rockwell Semiconductor Systems.Chris Taylor

HCA (NYSE: HCA) announced that Chris Taylor has been named President of Parallon. Taylor has served as Chief Financial Officer of Parallon, an HCA subsidiary, since 2012, and he has served as interim President of Parallon since November 2013. Before becoming CFO of Parallon, Taylor served as CFO of HCA’s TriStar Division.

Christopher & Banks Corporation (NYSE: CBK) announced that Peter G. Michielutti has been promoted to Executive Vice President, Chief Operating Officer and Chief Financial Officer. Mr. Michielutti joined the Company in April 2012 as Senior Vice President, Chief Financial Officer.Tim Baker

Cynosure, Inc. (NASDAQ: CYNO) announced that the Board of Directors has promoted Executive Vice President, Chief Operating Officer and Chief Financial Officer Timothy W. Baker to President of the Company.  Baker will continue to serve as CFO and will take the title of President. Before joining Cynosure, Baker served as Vice President, Finance at Stryker Biotech, a division of medical products and services provider Stryker Corporation. From July 2000 to June 2003, Baker served as President and Chief Financial Officer at Photoelectron Corp. From January 1996 to July 2000, he served as Chief Financial Officer and Vice President of Operations at Radionics, Inc.

Physiotherapy Associates announced that Paul Solomon is assuming the role as the company’s Chief Financial Officer. Prior to joining Physiotherapy Associates, Paul was Chief Financial Officer of Solstas Lab Partners. Paul departed Solstas in March 2014 subsequent to the successful sale of the company to Quest Diagnostics.Peter Grady

Rapid Pathogen Screening, Inc. announced that Peter Grady has joined RPS as Chief Financial Officer (CFO). Prior to joining RPS, he was the finance leader of Becton Dickinson’s Biosciences business unit.

Zags (formerly Insurance Global Operations (IGO)) announced the expansion of its executive team with the addition of Gary Traynor as Chief Financial Officer (CFO). Prior to joining Zags he most recently served as CFO at BA Insight. Traynor also served as the COO and CFO of Blue Flame Data, Inc.; and as CFO of Portero. Earlier in his career he was VP of Technology Investment Banking at Morgan Stanley and Associate of Financial Sponsor Banking at Bear Stearns.

Univita Health announced the appointment of Ray Coto as Chief Financial Officer. Prior to joining Univita, Coto served as Chief Operating Officer at Simply Healthcare. Previously, he held senior leadership roles at UnitedHealthcare in Florida, including Chief Financial Officer and Executive Vice President for Neighborhood Health Partnership. Coto has also served as the Vice President of Business Operations at Baptist Health South Florida and held a senior leadership role Deloitte & Touche, LLP in South Florida.

Kaufman Lynn Construction announced that Douglas Simms has joined the company as Chief Financial Officer. Prior to joining Kaufman Lynn Construction, Simms served as CFO of Golden Sands General Contractors and previously was the CFO of Balfour Beatty Construction’s Florida division. Engineering Services Network Inc ESN Dan Shapiro

Engineering Services Network, Inc. (ESN) announced that Dan Shapiro, formerly executive vice president and COO, has been appointed Chief Financial Officer. Mr. Shapiro joined ESN in 1998. Mr. Shapiro spent time as a Tax manager for COMSAT and a controller for NMP, Inc. before moving into the DoD arena.

Dyadic International, Inc. (OTC: DYAI) announced the appointment of Thomas “Tom” Dubinski as Vice President and Chief Financial Officer. Tom succeeds Michael Faby. From 2012 to 2014, Tom served as a management consultant at CFO Solutions. Tom previously served as Finance Officer for Walgreens Infusion Services, and he has also held other senior positions within Walgreens corporate finance from 2007 to 2011. Prior to Walgreens, Tom was Director of Finance for Novartis Medical Nutrition from 2005 to 2006 and Chief Financial Officer of Metal Technology Solutions, from 2002 to 2004. Tom is also an 18 year veteran of Abbott Laboratories, where he had senior finance leadership roles from 1984 to 2002.ArbiterSports CFO Brenda Rees

ArbiterSports announced Brenda Rees will join the ArbiterSports executive team as the company’s Chief Financial Officer (CFO). Before joining ArbiterSports, Brenda worked as a CFO for Memorial Hospital of Carbon County, Internal Audit Manager for the Catholic Healthcare Audit Network and Accounting Instructor at the University of Nebraska. Rees replaces Ellen Hodgson, who announced her retirement.

Garden Fresh Restaurant Corp. announced that its Board of Directors has appointed John Morberg as its chief executive officer. Mr. Morberg has served as the company’s interim chief executive officer since May 6, 2014 and as chief financial officer and general counsel since January 2007.

WhiteHorse Finance, Inc. (NASDAQ: WHF) announced that William D. Markert has joined the Company as Chief Operating Officer. William D. Markert most recently served as Chief Financial Officer of Securus Technologies, Inc.

Titan America announced that Bill Zarkalis will serve as Chief Executive Officer for Titan America. Bill joins from parent organization Titan Cement SA, where he served as Group Chief Financial Officer since 2010 and Executive Director of Business Development and Strategic Planning prior to that. Before joining Titan, Zarkalis served in a variety of executive positions with Dow Chemical, including Global Vice President of Dow Automotive, Global Business Director of Specialty Plastics and Elastomers, and Global Business Director of Synthetic Latex.

NTE Energy appointedJosh Levine as chief financial officer. Levine was most recently vice president of project development at Energy Management, Inc. Prior to Energy Management, Inc., Levine was a key member of the project development team at American Renewables. Levine brings additional financial, economic and development experience from companies including Tamarack Energy, Haley & Aldrich and Industrial Economics. David Pincus

Pilgrim Quality Solutions announced the appointment of David Pincus to Chief Financial Officer. Prior to joining Pilgrim, Mr. Pincus was the Chief Financial Officer at LIQUENT. He previously was Vice President of Finance at Optobionics. He also served as Chief Financial Officer of ABN AMRO Private Equity.

Acrow Bridge announced the appointment of Robert Russo to chief financial officer (CFO). Russo joined Acrow from Harsco Infrastructure Group, part of Harsco Corporation, where he was Division President, North America. Previously, his responsibilities included serving as general manager and CFO of Xylum Corporation; Vice President, Finance, North America at Fisher Scientific International; and Group Controller/Assistant Corporate Controller at The Pullman Company. Russo started his career at Peat, Marwick (now KPMG).

WPX Energy (NYSE: WPX) named J. Kevin Vann as Senior Vice President and Chief Financial Officer. Vann had been serving in both roles on an interim basis since March. He was with WPX during its spinoff, having served as the company’s controller since 2006 and also as its chief accounting officer.

Teakwood Capital announced the appointment of Bob Mosteller as Managing Director of Finance and Chief Financial Officer. Prior to Teakwood, as CFO with Silver Creek Ventures.

American Energy – Permian Basin, LLC (AEPB), an affiliate of American Energy Partners, LP (AELP), announced it has named Jeffrey L. Mobley as the company’s Chief Financial Officer. Mobley most recently served as Senior Vice President – Major Acquisitions for AELP. Previously he served as Senior Vice President – Investor Relations and Research for Chesapeake Energy Corporation and also worked in Equity Research for Raymond James & Associates and in Investment Banking for Prudential Securities and ABN AMRO. He began his career in the energy sector at Enron Capital & Trade Resources in the Producer Finance and Equity Investments groups.

Send Word Now announced the appointment of Christine Dye as the company’s new Chief Financial Officer (CFO). Prior to joining Send Word Now, Dye worked for Citrix Online, the online services division of Citrix Systems, Inc. Most recently, she served as Finance Director and part of the leadership team for GoToAssist™. Dye also spent three years inside the company’s Audio Conferencing division. Before Citrix, Dye worked as Controller for Vapps, an audio conferencing start-up which was acquired by Citrix, and spent ten years as CFO for Answer America, LLC, a national telecommunications company.

Diamond Hill Investment Group, Inc. (NASDAQ: DHIL) announced that Jim Laird will step down as Chief Financial Officer effective December 31, 2014. Mr. Laird will continue as a member of the Diamond Hill Investment Group board of directors and as Secretary. Tom Line, currently Managing Director of Finance, will assume the role of Chief Financial Officer on January 1, 2015. Mr. Line joined Diamond Hill in April 2014.

IAP Worldwide Services, Inc. announced the addition of Terry DeRosa as Executive Vice President and Chief Financial Officer. DeRosa most recently served as the CFO of Kestrel Enterprises, Inc. which was acquired by the Boeing Company in 2008. Prior to Boeing, he was the President of DRS Technologies, Inc. Electronic Systems group.

World Business Lenders (WBL) announced that it appointed Robert Gula as Managing Director and Chief Financial Officer. Gula’s predecessor in this role, Donald Epstein, will continue as the company’s Chief Administrative Officer. Gula joins WBL after more than seven years at Deutsche Bank where he was the Global Finance Director/CFO of Residential Mortgages and Chief Operating Officer of Global Valuations.  Before that, Gula was the Controller of MortgageIT Holdings, Inc. At Chase Home Finance, a subsidiary of J.P. Morgan Chase, he spent almost six years in senior financial positions and, at the time of his departure, was Senior Vice President of Financial Planning and Analysis.  In the decade leading up to these roles, Gula served The Dime Savings Bank of New York, The Federal Home Loan Bank of New York and Carteret Savings Bank in various capacities in the finance and accounting functions.

GulfSlope Energy (OTC: GSPE) announced that John H. Malanga has been appointed by the Company’s Board of Directors to the position of Vice President and Chief Financial Officer. Mr. Malanga will assume the CFO position from John Seitz. Mr. Malanga is an industry veteran with approximately 20 years of energy finance experience having worked as an investment banker with various boutique firms including Weisser, Johnson & Co., Sanders Morris Harris Inc., and Jefferies & Co.

FTI Consulting, Inc. (NYSE: FCN) announced the election of David M. Johnson as Chief Financial Officer. Mr. Johnson will commence his employment on August 25, 2014. David M. Johnson will succeed Roger D. Carlile as the Company’s Chief Financial Officer. Mr. Johnson began his career in investment banking at Merrill Lynch, where he spent 12 years. From 1998 to 2001, Mr. Johnson served as Chief Financial Officer of the former Cendant Corporation. From 2001 to 2008, Mr. Johnson served as Executive Vice President and Chief Financial Officer of The Hartford Financial Services Group, Inc. From 2008 to 2010, Mr. Johnson was Executive Vice President and Chief Financial Officer of Federal National Mortgage Association (“Fannie Mae”), a role he was asked to assume shortly after Fannie Mae was placed in government conservatorship. From November 2011 to March 2012, Mr. Johnson was self-employed as an independent contractor. In April 2013, Mr. Johnson became the Executive Vice President and Chief Financial Officer of Athene Holding Ltd., a role he will remain in through August 20, 2014.

Clean Diesel Technologies, Inc. (NASDAQ: CDTI) announced that it has promoted David E. Shea to Chief Financial Officer. Mr. Shea served as CDTi’s Vice President of Finance, Treasurer and Corporate Controller, joined the Company in 2005 and has served in numerous leadership and senior executive capacities. Mr. Shea replaces Nikhil A. Mehta, who will leave the Company to pursue other opportunities.

CFO Moves – week ending July 25, 2014

CFO Moves this week include:

Rite Aid Corporation Roundy’s, Inc. Music In Schools Today
NJOY xMatters, inc. Extended Stay America, Inc.
TVGN eASIC Corporation Ascena Retail Group, Inc.
Athene Holding Ltd. Invacare Corporation NEWSCYCLE Solutions
AuraSense Therapeutics Gigamon Inc. Hunt Consolidated, Inc.
Zynex, Inc. VIA Motors MuleSoft
EZCORP, Inc. Layne Christensen Company BSQUARE Corporation
Life Time Fitness, Inc. Ethan Allen Interiors Inc. Digital First Media
Infogroup

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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 s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.

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Rite Aid Corporation (NYSE: RAD) announced that Darren Karst is joining Rite Aid as executive vice president and chief financial officer, effective Aug. 20. Karst succeeds Frank Vitrano, who has announced he will retire in September, 2015. Until then, Vitrano retains the chief administrative officer responsibilities. Karst joins Rite Aid from Roundy’s, Inc. where he has been the executive vice president, chief financial officer and assistant secretary since 2002. Prior to that, Karst was a partner at the Yucaipa Companies, a private equity investment firm. He also held executive financial positions within several Yucaipa portfolio companies, including Chicago-based Dominick’s, where he served as the chief financial officer and a director.

Roundy’s, Inc. (NYSE: RNDY) announced that Darren Karst, Roundy’s Executive Vice President and Chief Financial Officer will be leaving the company to join Rite Aid Corporation as its Executive Vice President and Chief Financial Officer. Karst will remain with Roundy’s through August 9, 2014. Michael Turzenski, currently Roundy’s Group Vice President and Chief Accounting Officer, has been appointed Group Vice President, Chief Financial Officer. Mr. Karst has served as the Company’s Executive Vice President and Chief Financial Officer since June 2002. Mr. Turzenski has served as Group Vice President, Chief Accounting Officer since February 2012. Mr. Turzenski joined Roundy’s in 2007 as Vice President, Controller.

Music In Schools Today (MUST) announced the appointment of Arista Networks chief financial officer Kelyn Brannon as board chair. Brannon is a 20-year veteran in financial services and former CFO of Amazon’s international division. MUST is also proud to announce that their newest board member, Steve DiNardo, vice president of sales and market manager for Entercom Communications in San Francisco, is taking on the role of CFO.

NJOY announced the appointment of John Bax as the company’s chief financial officer (CFO). Mr. Bax was most recently the CFO of LivingSocial. Prior to LivingSocial, he was the CFO of RecycleBank. He also served as Vice President of Planning and Analysis for Wal-Mart Stores and CFO of Walmart.com.

xMatters, inc. announced the appointment of Mark Westover as chief financial officer (CFO). Prior to joining xMatters, Westover served as senior vice president of corporate development and finance at LiveOps. He also served as vice president of corporate development at Sybase, which went on to be acquired by SAP.

Extended Stay America, Inc. (NYSE: STAY) announced that Peter Crage, Chief Financial Officer since 2011, has notified the Company of his intentions to leave for personal reasons as of July 31, 2014. Jonathan Halkyard has been appointed Interim Chief Financial Officer effective August 1, 2014. Mr. Halkyard will continue in his current role as Chief Operating Officer during this interim period. Mr. Halkyard has been with STAY for nearly a year and served as the Chief Financial Officer of both NV Energy and Caesars Entertainment Corporation prior to his arrival. Debra Wichser

TVGN, a CBS Corporation (NYSE: CBS.A and CBS) and Lionsgate (NYSE: LGF) partnership, announced thatDebra Wichser has been appointed Chief Financial Officer. Most recently, Wichser served as Vice President, Corporate Development for CBS Corporation in New York. Previously at CBS, Wichser served as Vice President, Investor Relations. Prior to CBS, Wichser was Director, Investor Relations for Viacom. Earlier in her career, she worked as an associate at Morgan Stanley’s Investment Banking division. She also held strategic analyst positions at 20th Century Fox and the Walt Disney Company.

eASIC Corporation announced the appointment of Richard Deranleau as the company’s Chief Financial Officer and Senior Vice President of Finance. Mr. Deranleau was recently SVP, Finance and CFO for a North American operating company of Fujitsu, Ltd. and was previously CFO of Brocade Communications Systems, Inc. Mr. Deranleau was also Vice President of Finance at Polycom, Inc.

Ascena Retail Group, Inc. (NASDAQ: ASNA) announced that Dirk Montgomery, Executive Vice President and Chief Financial Officer since January of 2013, has accepted a position with a healthcare-related company based in Florida. Mr. Montgomery has agreed to remain through the end of the summer. Randy Pearce, a member of Ascena’s Board of Directors, Chair of the Audit Committee, and former Chief Financial Officer of Regis Corporation from 1998 to 2011, will increase his involvement in the stewardship of the Company’s finance department during the transition.

Athene Holding Ltd.announced it has promoted Brenda Cushing to Chief Financial Officer of Athene. Ms. Cushing assumes the role held by David Johnson, who is stepping down as CFO of Athene to accept a position as CFO of a public company located closer to his home and family in Washington D.C. Ms. Cushing currently serves as CFO of Athene USA, a role she has held since Athene’s acquisition of Aviva USA in 2013. Ms. Cushing served as CFO of Aviva USA prior to its acquisition by Athene and also held senior finance roles within AmerUs, a publicly traded company which was acquired by Aviva PLC in 2006. Mr. Johnson will continue his service as CFO of Athene until August 20, 2014, when Ms. Cushing will assume his responsibilities.

Invacare Corporation (NYSE: IVC) announced that Robert K. Gudbranson, Invacare’s Senior Vice President and Chief Financial Officer, has been named interim President and Chief Executive Officer, while retaining his role as the Company’s Chief Financial Officer. Mr. Gudbranson has served as Invacare’s Senior Vice President and Chief Financial Officer since 2008. Prior to that, Mr. Gudbranson was Vice President of Strategic Planning and Acquisitions for Lincoln Electric Holdings, Inc. Prior to joining Lincoln Electric, he held various financial roles of increasing responsibility for Invacare including: Director, Business Development and Investor Relations; Assistant Treasurer; and European Finance Director.

NEWSCYCLE Solutions announced the appointment of Lynn Danko as its new chief financial officer. Danko joins the NEWSCYCLE executive team from Ecolab, Inc. where she served as vice president of finance for technology. She held the role of CFO at Amcom Software, and spent over seven years with Lawson Software. Danko served in various finance leadership roles at Lawson, including international controller in Stockholm, Sweden and leading global strategic planning in St. Paul, MN.

AuraSense Therapeutics announced that David Snyder has joined AuraSense Therapeutics’ executive leadership team as chief financial officer. Prior to joining AuraSense Therapeutics, Mr. Snyder was Executive Vice President and Chief Financial Officer of Cellular Dynamics International Inc. He previously served as senior vice president of finance, site vice president and chief financial officer of Roche NimbleGen from 2007 to 2008. From 2006 to 2007, he served as vice president and chief financial officer of NimbleGen Systems, Inc. Prior to NimbleGen, Mr. Snyder held various leadership positions in software, real estate, and diversified manufacturing industries. He has served as a director of Invenra, Inc. since 2012. He has also served on the Board of Trustees of Ottawa University since 2012.

Gigamon Inc. (NYSE: GIMO) announced the appointment of Mike Burns as chief financial officer. Before joining Gigamon, Burns served as chief financial officer of Volterra Semiconductor.  Prior to Volterra, Burns spent fifteen years at Intel Corporation where he held several senior financial positions.

Hunt Consolidated, Inc. announced the addition of Brant Meleski as the new Chief Financial Officer of Hunt Utility Services.  Mr. Meleski will also serve as the Chief Financial Officer of InfraREIT, LLC. Brant Meleski comes to Hunt Utility Services from Bank of America Merrill Lynch (BAML), where he served as Managing Director of Energy and Power Investment Banking. Brant has extensive experience working with Hunt and its affiliates on its power and infrastructure growth ambitions.  Meleski will be succeeding Greg Wilks, who will now serve as CFO of Sharyland Utilities, L.P. Meleski will join in early September.

Zynex, Inc. (OTC: ZYXI) announced the appointment of Brian Alleman as its new chief financial officer. Mr. Alleman most recently served as managing director at Alleman & Associates. Anthony Scalese, serving CFO of Zynex, has resigned to pursue other opportunities.

VIA Motors announced that it has appointed Wayne Oliver, Jr. as Chief Financial Officer. Prior to this appointment, Oliver served as former CFO & VP Administration of Minth Americas. Prior to Minth, Mr. Oliver was CFO & VP Business Systems at Meridian Lightweight Technologies, Inc. Mr. Oliver also served as VP Operations Finance for Meridian Automotive Systems, Inc.

MuleSoft announced that it has appointed Steve Collins to its board of directors. Steve comes to MuleSoft from his previous role as CFO of ExactTarget. Prior to ExactTarget, he served as senior vice president and CFO of NAVTEQ Corporation. He has also held financial leadership positions at The Walt Disney Company, co-founded a technology-focused venture capital firm, and is an acting board member for several leading technology-focused startups.

EZCORP, Inc. (NASDAQ: EZPW) announced that Mark Kuchenrither, Chief Financial Officer of EZCORP, has been appointed interim Chief Executive Officer and President Mr. Kuchenrither will remain Chief Financial Officer. Mr. Kuchenrither joined EZCORP as Senior Vice President, Strategic Development in March 2010. In May 2012, Mark was promoted to Executive Vice President and in October of the same year, he assumed the additional role of Chief Financial Officer. He recently assumed operational responsibility for EZCORP’s Financial Services business. Prior to joining EZCORP, Mark served as Vice President of Operations for private equity firm Sun Capital Partners where he was responsible for overseeing 10 portfolio companies with an emphasis on profit improvement. Mark has also held executive leadership positions at Arch Aluminum & Glass Co. and Peavey Electronics Corporation.

Layne Christensen Company (NASDAQ: LAYN) announced that Andrew Atchison has been named Interim Chief Financial Officer, effective August 1, 2014. Mr. Atchison will succeed James R. Easter, who resigned from Layne effective August 1, 2014 to pursue other interests. Mr. Atchison returns to Layne after having served as Controller from 1997 to June 2012, and assisting with various accounting functions during the Company’s relocation to The Woodlands until July 2013. Since that time, Mr. Atchison has provided financial and accounting consulting services to other companies. Prior to joining Layne, Mr. Atchison had a 12-year career at Deloitte and Touche.

BSQUARE Corporation (NASDAQ: BSQR) announced that Scott C. Mahan, Senior Vice President, Operations and Chief Financial Officer, has tendered his resignation, effective August 15, 2014, in order to accept a position with another company.

Life Time Fitness, Inc. appointed Eric J. Buss to serve as Executive Vice President and Chief Financial Officer. Mr. Buss was previously appointed Executive Vice President and Interim Chief Financial Officer, effective March 2, 2014.

Ethan Allen Interiors Inc. announced that Corey Whitely, currently Executive Vice President, Administration, Treasurer and interim Chief Financial Officer, has been appointed Chief Financial Officer. Corey Whitely joined the Company in 1988 and has previously served as Executive Vice President, Operations since October 2007 and Executive Vice President of our subsidiary, Ethan Allen Operations, Inc., since 2005.

Digital First Media announced Barbara Bennett, Chief Financial Officer of Digital First Media, is leaving the company at the end of the month. SVP and Chief Accounting Officer, Michael Koren, who has been with the Company and MediaNews Group since 2001, has been appointed Chief Financial Officer. Prior to being appointed SVP & CAO of the company, Michael Koren was VP and Controller since joining the company. Prior to MediaNews Group, Michael spent the first 11 years of his career with the CPA firm Ernst & Young.

Infogroup announced John Hofmann was named to its executive leadership team as Chief Financial Officer. Hofmann comes to Infogroup from Silver Lake Sumeru. Prior to joining Silver Lake, Hofmann was Vice President at GTCR Golder Rauner. Previously, Hofmann was at McKinsey & Company. He also served on the boards of Syniverse Technologies, Medseek and National Processing Company.

CFO Moves – week ending July 18, 2014

CFO Moves this week include:

The Western Union Company The Bill & Melinda Gates Foundation dick clark productions
The Gymboree Corporation Corning Incorporated LTCG
LNB Bancorp, Inc. Alfresco Software Occidental Petroleum Corporation
Ultra Petroleum Corp. Jenne, Inc. Frank’s International N.V.
CTS Engines BookingPal Sensity Systems
John L. Scott Real Estate ACADIA Pharmaceuticals Inc. Top Image Systems, Ltd
Repligen Corporation Iteris, Inc. Ballantyne Strong, Inc.
Meredian Inc. The Doe Fund American Fast Freight, Inc.
Zions Bancorporation Say Media Northern Trust

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Should you have any CFO Moves to report, please email us.

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 s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.

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The Western Union Company (NYSE: WU) announced following an extensive global search, the appointment of Raj K. Agrawal as Executive Vice President and Chief Financial Officer. Agrawal most recently served as Western Union Executive Vice President and Interim Chief Financial Officer, after previously holding the position of President of Western Union Business Solutions from 2011 through 2013. Agrawal joined Western Union in 2006 as Treasurer and also has served as Senior Vice President of Finance for Europe, Middle East, Africa and Asia Pacific. Prior to joining Western Union, Agrawal held senior financial roles at Deluxe Corporation and General Mills, and he began his career at General Motors and later the Chrysler Corporation.

The Bill & Melinda Gates Foundation announced that Chief Financial Officer Dick Henriques has decided to leave the foundation after four years of leadership. Jim Bromley, currently the foundation’s Managing Director, Financial Planning and Global Programs Operations, was announced as the new Chief Financial Officer. Bromley has held a variety of roles within the foundation’s finance and program operations teams and prior to joining the foundation in 2008 served as a consultant and the Executive Vice President and President of Nordstrom Inc. Catalog and Internet Divisions.Amy Thurlow

dick clark productions announced that Amy Thurlow, has been named Chief Operating Officer and Chief Financial Officer. Thurlow most recently served as Chief Financial Officer and Executive Vice President of Sales Strategy for TV Guide Network, a CBS/Lionsgate partnership, based in New York and Los Angeles. Prior to serving as CFO and EVP, she held several positions within the company, including Senior Vice President, Sales Strategy and Planning. Earlier in Thurlow’s career, she joined NBC Universal as Manager of Corporate Staff Finance in 1998 and worked her way up to Finance Director of Film and TV Distribution. She began her career at the General Electric Corporation.

The Gymboree Corporation announced that Evan Price gave notice of his resignation as the chief financial and principal accounting officer of the company. Lynda Gustafson has agreed to act as the Company’s interim Chief Financial Officer. Ms. Gustafson served as the Company’s Vice President, Corporate Controller from February 2005 through June 2014 and has been serving as a Senior Advisor to the Company since June 2014. Ms. Gustafson joined the Company in August 2001 as the Corporate Controller and was promoted to Vice President, Corporate Controller in February 2005. From January 2012 until January 2013, Ms. Gustafson also served as the Company’s interim Chief Financial Officer.

Corning Incorporated (NYSE: GLW) appointed Donald W. Blair, executive vice president and chief financial officer for NIKE, Inc. (NYSE: NKE), to Corning’s Board of Directors. Blair will serve on the board’s finance and audit committees. Blair has served as NIKE, Inc.’s CFO since 1999. Previously, he spent 14 years at PepsiCo, Inc. in a number of senior executive-level corporate and operating unit financial assignments, including CFO roles for PepsiCo Japan (based in Tokyo) and Pepsi-Cola International’s Asia Division (based in Hong Kong).

LTCG announced the appointment of Dean Miller as Chief Financial Officer. Prior to joining LTCG, Dean Miller served in various roles at AIG, including Deputy Chief Financial Officer for the global life operations and as the Chief Business and Finance Transformation Officer. Dean had previously worked for Swiss Re in senior leadership roles including Chief Executive Officer for their U.K. run-off life insurance segment and Chief Financial Officer of their global life insurance segment. He was also a partner at Ernst & Young.

LNB Bancorp, Inc. (NASDAQ: LNBB) announced that Gary J. Elek, Executive Vice President and Chief Financial Officer, informed the company of his decision to retire from his employment with the Company in early 2015. In connection with his retirement, Mr. Elek will step down from his position as Chief Financial Officer of the Company effective as of July 28, 2014, after which Mr. Elek will remain employed with the Company and transition the balance of his responsibilities over his remaining time until his planned retirement early next year. Effective July 28, 2014, the Company will appoint James H. Nicholson as Senior Vice President and Chief Financial Officer of the Company. Prior to joining the Company, Mr. Nicholson most recently served, from October 2013 to July 2014, as a Senior Financial Advisor for F.N.B. Corporation. From November 2009 to October 2013, Mr. Nicholson served as Executive Vice President and Chief Financial Officer of PVF Capital Corp., prior to its acquisition by FNB. From 2006 to 2009, Mr. Nicholson served as Regional President and Regional Operating Officer for Huntington National Bank.Bruce Felt

Alfresco Software welcomed Bruce Felt, a highly-regarded Silicon Valley CFO, to its Board. Felt is expected to lead Alfresco’s Audit Committee, a subcommittee of the Board that is responsible for the financial operations of the company. Most recently, he served in roles at Auction.com and SuccessFactors, Inc. Prior to Auction.com, Bruce spent six years as CFO at SuccessFactors, Inc. Prior to joining SuccessFactors, Bruce was CFO of several other leading software companies including LANDesk Software, Integral Development Corp. and FullTime Software. He was also a founder, CFO and Director of Sales at Renaissance Software. Bruce currently serves as a Board Member of Hightail Inc. (formerly YouSendIt), Yodlee, and Answers.com.

Occidental Petroleum Corporation (NYSE: OXY) announced the appointment of Marshall D. (Mark) Smith as Senior Executive Vice President and Chief Financial Officer for its subsidiary, California Resources Corporation. Following its separation from Occidental, California Resources Corporation will be an independent company. Mr. Smith was most recently Senior Vice President and Chief Financial Officer at Ultra Petroleum. Mr. Smith served as Vice President of Upstream Business Development at Constellation Energy from 2004 to 2005. He was Vice President of Business Development at J.M. Huber Energy from 2002 to 2004, and Chief Financial Officer of Gulf Liquids, Inc., from 2001 to 2002.

Ultra Petroleum Corp. (NYSE: UPL) announced that its Board of Directors is promoting Garland R. Shaw to Senior Vice President and Chief Financial Officer, effective August 1, 2014, and that Marshall (Mark) D. Smith, the current Senior Vice President and Chief Financial Officer, is resigning to accept a new position at a larger company. Since joining Ultra Petroleum in 2006 as Corporate Controller, and was promoted to the executive leadership team as Vice President and Controller in 2013.

Jenne, Inc. announced that Anthony R. Grilli has joined the company as chief financial officer. Prior to joining Jenne, Tony served as director of financial reporting and analysis, North American Architectural Coatings for PPG Industries. He previously worked in finance and accounting positions with Penton Media, Premier Farnell Corporation and KPMG.

Frank’s International N.V. (NYSE: FI) appointed John Sinders as interim Chief Financial Officer (CFO). Mr. Sinders succeeds Mark Margavio who is stepping down from the CFO position but will remain with the Company to assist in the transition of his responsibilities. Mr. Sinders joined the Company in 2013. In addition to the interim CFO role, he will continue as Executive Vice President, Administration. Mr. Sinders has over 25 years of experience working with management teams within the energy industry.

CTS Engines announced the hiring of Peter J. Iannone as Chief Financial Officer. Mr. Iannone has held a numerous executive management positions in several industries.Stephen Ananias

BookingPal announced that Stephen Ananias has joined the team as Chief Operating Officer. Stephen joins the company from Mindspeed Technologies, Inc., where he served as Senior Vice President and Chief Financial Officer. Prior to that, he served at Broadcom for more than 11 years in various finance positions of increasing responsibility, most recently as Controller, Broadband Communications Group, a semiconductor division of Broadcom.

Sensity Systems announced the appointment of Phil Rehkemper as Vice President and Chief Financial Officer (CFO). Most recently, he was the CFO for API Technologies Corp. Previously, Rehkemper served on the management team for International Rectifier as its Vice President of Finance; was CFO and Vice President of Finance at Alliance Fiber Optic Products; and held finance executive positions at Calient Networks and Hewlett-Packard.Phil McBride

John L. Scott Real Estate announce that Chief Financial Officer, Phil McBride, has been appointed Chief Operations Officer. As the new Chief Operating Officer, McBride’s responsibility of the company’s finances will remain unchanged.

ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) announced the appointment of Stephen Davis as Executive Vice President, Chief Financial Officer and Chief Business Officer. Mr. Davis most recently served as Executive Vice President and Chief Operating Officer at Heron Therapeutics, Inc., which he joined in 2013. Previously, Mr. Davis served as Executive Vice President and Chief Operating Officer at Ardea Biosciences, Inc. from 2010 to 2013. Prior to joining Ardea, Mr. Davis served in numerous executive roles at Neurogen Corporation from 1994 to 2010, including Chief Financial Officer, Chief Operating Officer, and Chief Executive Officer. Mr. Davis currently serves on the Board of Directors of Heron Therapeutics and Synageva BioPharma Corp.

Top Image Systems, Ltd. (NASDAQ: TISA) announced that Lyron L. Bentovim, member of the TIS Board of Directors since 2008 and most recently serving as COO and CFO of nIT, has agreed to accept appointment to the CFO position to replace Gili Shalita, the company’s CFO since 2008, who will pursue other career opportunities. Mr. Bentovim will cease to be a member of the TIS Board of Directors and assume his position as CFO effective 1st August, 2014. Prior to his last position at nIT, Mr. Bentovim served as Managing Director and COO/CFO at Cabrillo Advisors and as COO/CFO for Sunrise Telecom Inc.  Prior to these position, for some years he held the position of Managing Director of Skiritai Capital LLC.

Repligen Corporation announced that Jon K. Snodgres has been named its Chief Financial Officer. Mr. Snodgres joins Repligen from his CFO role at Maquet Cardiovascular. Mr. Snodgres previously spent eight years with Thermo Fisher Scientific where he was Vice President of Finance for the Laboratory Products Group. Mr. Snodgres joined Maquet Cardiovascular as CFO in 2009. Mr. Snodgres has also served as Vice President of Financial Operations for Newport Corporation. He began his career in finance at AlliedSignal/Honeywell International.

Iteris, Inc. (NYSE: ITI) announced that Chuck McBride has resigned from the position of vice president of finance and chief financial officer of the company. Mr. McBride served as the company’s CFO for seven months, from his original appointment in December 2013. Craig Christensen has agreed to assume the role of interim CFO. Mr. Christensen has served as the company’s vice president and controller since April 2012. Prior to joining Iteris, Christensen served as the corporate controller and director of finance and accounting at SM&A, from 2007 through April 2012.

Ballantyne Strong, Inc. (NYSE: BTN) announced that Nathan D. Legband has been appointed Chief Financial Officer, effective September 2, 2014. Mr. Legband, who has served as Corporate Controller for Ballantyne Strong since June 2012, will replace Mary A. Carstens, who will be retiring on September 2, 2014. Mr. Legband joined Ballantyne Strong as Corporate Controller in June 2012. Prior to joining Ballantyne Strong, Mr. Legband served in a number of finance department positions for West Corporation from 2008-2012.

Meredian Inc. announced that John A. Dowdy, III has joined their team as the newly appointed Chief Financial Officer. Prior to joining the Meredian team, Dowdy served in various financial and accounting positions at Yandex. During his tenure at Yandex, Dowdy was the Chief Accounting Officer from January 2008 until April 2012 and the Vice President of Finance for its international business from April 2012-2014.

The Doe Fund announced the appointment of Ernest L. Duncan, Jr.to the post of Chief Financial Officer. Mr. Duncan most recently served as Chief Financial and Operating Officer at the Vera Institute of Justice with previous tenures at the Museum of African American History in Detroit and the Smithsonian Institute in Washington, D.C. Mr. Duncan joins The Doe Fund in August 2014.

American Fast Freight, Inc. announced that Debra L. Lorge will join the Company as a Vice President, Chief Financial Officer and Treasurer. Ms. Lorge worked for a numbers of years for Ernst & Young Seattle, King Broadcasting Company and as the CFO for National Mobile Television.

Zions Bancorporation (NASDAQ: ZION) today announced that Edward F. Murphy has been elected to its board of directors. Mr. Murphy served as Chief Financial Officer of the Federal Reserve Bank of New York and Executive Vice President of its Corporate Group from 2005 through 2013. He had previously served as Executive Vice President and CFO of the retail division of JPMorgan Chase & Co. from 2002 through 2004, and in several positions with JPMorgan & Co. from 1983 through 2002, including as Chief Operating Officer of its Asia Pacific Region, and five years as the firm’s Global Audit Director.

Say Media announced Dianne Dubois has joined as Chief Financial Officer. Dubois has been a consulting CFO for the past 4 years, working with a variety of emerging and medium-size growth businesses in the technology, media, cleantech and biotech sectors. She has also been the CFO/COO of Olivia, CFO at Looksmart and eTrade North America, and has held senior finance positions at Disney, WellPoint, and PIMCO.

Northern Trust (NASDAQ: NTRS) announced that Michael G. O’Grady, Chief Financial Officer, will become President of Corporate & Institutional Services. S. Biff Bowman, Executive Vice President, Human Resources, will be named Chief Financial Officer.