CFO Moves – week ending October 17, 2014

CFO Moves this week include:

Marsh B&G Foods, Inc. XL Group plc
Percona Incyte Corporation Kosmos Energy Ltd.
Apache Corporation Moon River Studios, Inc. Corporate Office Properties Trust
Associated Materials, LLC TravelClick MedMen
PDI, Inc. Linear Technology Corporation Rogers Corporation
Invaluable Watts Water Technologies, Inc. MicroSeismic, Inc.
Commonwealth Care of Roanoke, Inc. B2R Finance Kochava
Encore Capital Group, Inc. Schechter Wealth eSurface® Technologies
Red Lion Hotels Corporation State Bank Financial Corporation Birch Communications, Inc.
InterCloud Systems, Inc. US Nuclear Corp

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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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Marsh, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), announced that Courtney Leimkuhler will assume the role of chief financial officer (CFO) effective March 1, 2015. She will succeed CFO Paul Malvasio, who is retiring in March. Ms. Leimkuhler, who has served as CFO of Marsh’s US and Canada Division since December 2013, will continue to be based in New York. Prior to joining Marsh, Ms. Leimkuhler spent nine years at NYSE Euronext. She also spent several years at Goldman Sachs in the equities and principal investing divisions.

B&G Foods, Inc. (NYSE: BGS) announced that it has appointed Robert C. Cantwell as its next President and Chief Executive Officer, effective January 1, 2015. Mr. Cantwell currently serves as B&G Foods’ Executive Vice President of Finance and Chief Financial Officer. Mr. Cantwell joined B&G Foods in 1983 as the Assistant Vice President of Finance. Mr. Cantwell was promoted to his current position in 1991. Prior to joining B&G Foods, Mr. Cantwell spent four years at Deloitte & Touche LLP. Mr. Cantwell has served on the Board of Directors of B&G Foods since 2005.

XL Group plc (NYSE: XL) has named Michael Garceau as its new Chief Financial Officer of its global insurance operations, succeeding Chris Dougherty who now assumes the newly created position of Executive Vice President, Underwriting and Ceded Re.  Mr. Garceau is promoted to the CFO position from his previous position as Chief Operating Officer (COO) of XL Group’s North America Property & Casualty business.

Percona announced the appointment of Will Eglin as chief financial officer. Before joining the team at Percona, Eglin was the CFO at IEM. He has also served as the CEO and CFO of MD Technologies. Eglin also held financial roles in fast-growing private equity-backed businesses, and began his career on the audit staff at KPMG.

Incyte Corporation (NASDAQ: INCY) announced the appointment of David Gryska as Executive Vice President and Chief Financial Officer, effective October 31, 2014. Mr. Gryska will succeed David Hastings, who has served as Incyte’s Executive Vice President and Chief Financial Officer since October 2003. Mr. Hastings, who is leaving the Company to pursue other opportunities. Mr. Gryska brings over 30 years of finance experience to Incyte from his tenures at Celgene and Scios and through his work with a number of publicly traded biotech companies. He is a three time public company Chief Financial Officer and has substantial experience as an audit committee chair.

Kosmos Energy Ltd. (NYSE: KOS) announced that Thomas P. Chambers will join the company as senior vice president and chief financial officer effective November 5, 2014. Greg Dunlevy, who has served as executive vice president and chief financial officer since 2003, will retire from the company at the end of June 2015 as part of a mutually agreed succession plan. Mr. Dunlevy will serve in an advisory role to the chairman and chief executive officer until his retirement to ensure a smooth transition. Mr. Chambers joins Kosmos most recently from Apache Corporation, where he was executive vice president and chief financial officer from November 2010 to February 2014, where he held a variety of leadership roles with his 20 years with the company. Prior to joining Apache, he served in the international business development group at Pennzoil Exploration and Production Company, and held a range of management positions with the BP plc group of companies.

Apache Corporation (NYSE, NASDAQ: APA) announced that Alfonso Leon, executive vice president and chief financial officer, has resigned to pursue other opportunities. Executive Vice President P. Anthony Lannie will serve as interim chief financial officer as the company conducts a search for a new chief financial officer. Prior to joining Apache as general counsel in 2003, Lannie served as president of Kinder Morgan Power Company and president of Coral Energy Canada, a subsidiary of Shell Oil Company.

Moon River Studios, Inc. (PINK: MDNT) announced the appointment of Steven Bahlmann as its new Chief Financial Officer (CFO), Secretary and Treasurer. Prior to joining Moon River Studios, Bahlmann was CFO for Markmann Nutraceuticals, Inc. Markmann was a startup contract nutraceutical manufacturer that Bahlmann co-founded. Prior to that, Bahlmann was CFO for the private equity owned Junior Sports Corporation.

Corporate Office Properties Trust (NYSE: OFC) announced that Stephen E. Riffee, the Company’s Executive Vice President and Chief Financial Officer, will fulfill his employment contract term through March 31, 2015 and then pursue other interests. As part of a planned succession, the Company appointed Anthony Mifsud, Senior Vice President of Finance and Treasurer, to Executive Vice President and Chief Financial Officer, effective April 1, 2015. Mr. Mifsud joined the Company in 2007 and has served as its Senior Vice President, Finance and Treasurer since January 2011. Mr. Mifsud spent fifteen years in various corporate finance functions at The Rouse Company, the last five years of his tenure there serving as its Vice President, Finance.

Associated Materials, LLC announced the appointment of Scott Stephens as Executive Vice President and Chief Financial Officer. Stephens served the past six years as Chief Finance Officer and Treasurer at A.M. Castle (NYSE: CAS). Prior to joining A.M. Castle, Scott was CFO for Lawson Products. Scott was also CFO at Wormser Company an importer and manufacturer of children’s sleepwear. Scott began his career with Ernst and Young and was also Corporate Controller for Old World Industries.

TravelClick announced the appointment of David Obstler as its Chief Financial Officer. Most recently, Mr. Obstler was Chief Financial Officer at OpenLink Financial.  Prior to that, Mr. Obstler was Chief Financial Officer of MSCI Inc.  Mr. Obstler assumed the role after MSCI acquired Risk Metrics in June 2010, where he served as Chief Financial Officer. Prior to MSCI Inc., Mr. Obstler acted as Chief Financial Officer at Pinnacor Inc. In addition, he previously held investment banking roles at JP Morgan & Co., Lehman Brothers and Goldman, Sachs & Co.

MedMen announced the addition of Michael Reifsteck as Chief Financial Officer. Reifsteck recently served as Corporate Controller of Chobani Yogurt.

PDI, Inc. (NASDAQ: PDII) announced the appointment of Graham G. Miao as its new Executive Vice President (EVP) and Chief Financial Officer (CFO). From 2011 to 2014, he was the EVP and CFO and later added additional roles as interim Co-President & Co-CEO of Delcath Systems, Inc. Prior to Delcath, Mr. Miao served as Chief of Staff for the Global CFO organization at Dun & Bradstreet Corporation and EVP and CFO at Pagoda Pharmaceuticals. He has also held various finance positions of increasing responsibility at leading global pharmaceutical and finance companies, including Schering-Plough Corporation, Pharmacia Corporation and J.P. Morgan & Company. Mr. Miao replaces former EVP and CFO Jeffrey Smith.

Linear Technology Corporation (NASDAQ: LLTC) announced that Paul Coghlan, the Company’s Chief Financial Officer, plans to retire at the end of the current fiscal year in July 2015. Donald Zerio, the current Linear Technology Corporate Controller and a thirteen year Linear veteran will be promoted to CFO on June 29, 2015. Mr. Coghlan will continue to work for the Company on a part time consulting basis until June 30, 2016. Mr. Zerio has been Corporate Controller for eleven years and prior to that, International Controller at Linear.

Rogers Corporation (NYSE: ROG) announced that its Board of Directors has appointed Helene Simonet to serve as a member of the Company’s Board. This addition fills a vacancy on the Board due to a recent director retirement. Ms. Simonet will be a member of the Audit Committee. Since April 2002, Ms. Simonet has served as the Executive Vice President and Chief Financial Officer of Coherent, Inc. (NASDAQ: COHR). Prior to joining Coherent in 1999, Ms. Simonet had previously spent more than twenty years in senior finance positions at Raychem Corporation.Bill Burke

Invaluable announced the appointment of Bill Burke as Chief Financial Officer. Most recently, Burke served as Chief Financial Officer at Ensyn Corporation, following more than five years as Chief Financial Officer and Treasurer at SiGe Semiconductor. Before SiGe Semiconductor, Burke held the role of Executive Vice President and Chief Financial Officer at Riverdeep Interactive. Prior to that, Burke held the role of Vice President of Finance at Computron Software.

Watts Water Technologies, Inc. (NYSE: WTS) announced that Dean P. Freeman, its Executive Vice President and Chief Financial Officer, has left the Company. Robert J. Pagano, Jr., the Company’s President and Chief Executive Officer, will be acting as Chief Financial Officer on an interim basis. Rick Luke

MicroSeismic, Inc. announced that Rick Luke has been appointed the company’s new Chief Financial Officer (CFO). Rick succeeds Ron Mogul in this position, who retired this year. Rick has spent more than 30 years in the oil and gas industry and over 10 years in the role of CFO. He comes to MicroSeismic from Seismic Equipment Solutions (SES). Prior to SES, Rick was CFO for Well Dynamics. Rick has also held both domestic and international positions with Halliburton, serving as Vice President Europe/Africa for three years.

Commonwealth Care of Roanoke, Inc. named Stan A. Huffman as their new Chief Financial Officer. Stan served as Chief Executive Officer of a non-profit senior housing and nursing home provider. Prior to becoming the CEO of the company, Stan served as the company’s Chief Financial Officer. Previously, Stan had been the Chief Financial Officer of a privately owned long term care provider in North Carolina with multiple locations in three states, and also served as the company’s president for three years. Stan succeeds Beth Fariss who served as Chief Financial Officer of CCR from its inception in 2001 to 2014. B2R Finance CFO Evan Lorch

B2R Finance has named Evan Lorch its new chief financial officer. Prior to joining B2R, Lorch served as CFO at CoreOne Technologies. He previously served as CFO at the international trading company BIDS Trading LP.

Kochava announced the appointment of Douglas Lieuallen as Chief Financial Officer. Lieuallen joins Kochava from Coldwater Creek where he held multiple finance and accounting management roles, most recently as Senior Director of Treasury Operations. His 20-year career includes financial and accounting leadership positions at the renowned global advertising agency Wieden + Kennedy, Inc. and visual systems integrator Comp View, Inc.

Encore Capital Group, Inc. (NASDAQ: ECPG) announced that Jonathan Clark has been appointed to serve as Chief Financial Officer of Midland Credit Management, Inc., Encore’s domestic operating subsidiary. Clark is expected to succeed Executive Vice President Paul Grinbergas Chief Financial Officer of Encore in February 2015. Clark’s most recent role was Executive Vice President and Chief Financial Officer of SLM Corp., also known as Sallie Mae, from 2008 until 2013. Prior to joining Sallie Mae, Clark served as a Managing Director at Credit Suisse Securities from 2000 to 2007, after having served in various executive roles at Prudential Securities, The First Boston Corporation, and a variety of other companies during his career.

Schechter Wealth announced the appointment of Michael Lee as Chief Financial Officer. Prior to joining Schechter, Michael was Vice President Finance at MXM Health.  Prior to that, he served nearly twenty years as Director of Finance at Carlson Marketing Group’s automotive operations in Troy.

eSurface® Technologies (DBA of EarthOne Circuit Technologies Corporation, a privately-held corporation) announced the appointment of Michael Corrigan as President and Chief Financial Officer. Corrigan, who has served eSurface in an advisory role, now takes on the roles of eSurface President and CFO. Mike Corrigan is currently an advisor to a number of privately-held entities and investors in the entertainment, media and technology sectors. Corrigan was most recently Interim Co-CEO of Sonar Entertainment (formerly RHI Entertainment). He was also a key member of the Board of Managers which oversaw the successful restructuring of Tropicana Entertainment. He has previously held a number of significant positions in the entertainment and media sector, including serving as Senior Executive Vice President and Chief Financial Officer of Metro Goldwyn Mayer Inc. Corrigan was also previously a senior partner in the Entertainment, Media and Communications practice at Price Waterhouse LLP. He is currently a member of the Boards of Directors and Boards of Advisors of a number of privately held entities.Jim Bell

Red Lion Hotels Corporation (NYSE: RLH) announced it has appointed Jim Bell as Executive Vice President and Chief Financial Officer. Bell joins RLHC from Coldwater Creek, where he was most recently Interim President and Chief Executive Officer, having also served as Chief Operating Officer and Chief Financial Officer. Prior to his experience at Coldwater Creek, Bell was Senior Vice President of Finance and Planning for Harry & David Holdings, Inc. Previously, he worked for Gap, Inc. as Senior Director of Finance.

State Bank Financial Corporation (NASDAQ: STBZ) announced that Thomas L. Callicutt, Jr., Executive Vice President and Chief Financial Officer, has informed the Board of Directors of his intention to retire from his employment with the Company and State Bank and Trust Company (the Bank) effective September 30, 2015. Mr. Callicutt will step down from his positions as Chief Financial Officer of the Company and the Bank effective as of January 1, 2015, after which Mr. Callicutt will remain employed with the Company and the Bank as a senior advisor to support the new CFO and transition the balance of his responsibilities over his remaining time until his planned retirement. Effective January 1, 2015, the Company and the Bank will appoint Sheila E. Ray as Executive Vice President and Chief Financial Officer. Prior to joining State Bank, Ms. Ray most recently served as Senior Executive Vice President and Chief Financial Officer of Atlanta Bancorporation, Inc. and Bank of Atlanta, which were merged into the Company and the Bank, respectively, on October 1, 2014. Ms. Ray`s experience includes employment with Wachovia Corporation, First National Bank of Gainesville, Tucker Federal Bank and RBC Centura Bank.

Birch Communications, Inc. announced the appointment of Edward James, senior vice president and chief financial officer, following its acquisition of Cbeyond on July 18, 2014.

InterCloud Systems, Inc. (NASDAQ: ICLD) announced that it has hired Timothy A. Larkin as its new Chief Financial Officer. Prior to joining InterCloud Systems, Mr. Larkin served as Executive Vice President and Chief Financial Officer of Warren Resources, Inc. for 19 years. Dan Sullivan, InterCloud’s CFO for the past three years, will transition to his new role as Chief Accounting Officer.

US Nuclear Corp announced that Rachel Boulds has been appointed to Chief Financial Officer, effective October 31, 2014, and that current CFO, Darian B. Andersen has resigned to pursue interests related to his legal practice. Prior to joining the company, Ms. Boulds has been engaged in private practice as an accountant and consultant. From August 2004 through July 2009, she was employed as an audit senior for HJ & Associates, LLC.

CFO Moves – week ending October 10, 2014

CFO Moves this week include:

Yext J. C. Penney Company, Inc. Post Holdings, Inc.
Avvo, Inc. Theravance, Inc. Behringer Harvard Opportunity REIT I, Inc.
WealthEngine Mondelez International Ultrasolar Technology
Freeman VeriStor Systems 8×8, Inc.
Aasonn, LLC Oiltanking Partners, L.P. Logicalis
Lumos Networks Corp. B/E Aerospace, Inc. Solazyme, Inc.
Asure Software Sucampo Pharmaceuticals, Inc. Doral Financial Corporation
Myriad Genetics, Inc. Sizmek 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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Yext announced that Steve Cakebread is joining the Yext team as Chief Financial Officer. Cakebread was Chief Financial Officer of Salesforce.com from 2002 to 2009, in addition to serving as the President and Chief Strategy Officer. More recently Cakebread served as Chief Financial Officer of Pandora Media Inc. He previously held senior management roles at Autodesk, Silicon Graphics World Trade, and Hewlett Packard.

J. C. Penney Company, Inc. (NYSE: JCP) announced that B. Craig Owens has been elected to its Board of Directors. Mr. Owens recently retired from his post as chief financial officer and chief administrative officer of Campbell Soup Company. Prior to joining Campbell Soup Company, Mr. Owens was executive vice president and CFO of the Delhaize Group. Earlier in his career, he held leadership and senior financial positions with The Coca-Cola Company and Coca-Cola bottlers.

Post Holdings, Inc. (NYSE: POST) announced that Robert V. Vitale has been named President and Chief Executive Officer. Mr. Vitale has served as Post’s Chief Financial Officer since its formation in October 2011. Mr. Vitale has also been named to Post’s Board of Directors.

Avvo, Inc. announced the appointment of Monica Williams as Chief Financial Officer. Monica most recently served as Vice President of Finance & Operations and Chief Financial Officer at Allrecipes.com for seven years.  She previously held several senior finance roles at Getty Images, including positions in financial planning, financial analysis, and treasury.

Theravance, Inc. (NASDAQ: THRX) announced the appointment of Eric d’Esparbes as Senior Vice President and Chief Financial Officer. Most recently Mr. d’Esparbes served as the Chief Financial Officer of Joule Unlimited. Prior to Joule Unlimited, Mr. d’Esparbes was the Vice President, Finance of AEI. Mr. d’Esparbes has also served in senior financial management roles at Meiya Power Company Limited (a former subsidiary of PSEG Global) and Hydro-Québec International.

Behringer Harvard Opportunity REIT I, Inc. announced that Lisa Ross has been elected as chief financial officer. Ross will continue to serve as senior vice president and treasurer, positions that she has held since October 2013 and January 2012, respectively. Ross has been the company’s principal accounting officer since January 2012. She began her tenure with the company in January 2011 as senior controller and director of financial reporting. Before joining Behringer, Ross served from 2006 to 2010 as the controller for a private real estate development project and managed the accounting and reporting for a private family wealth office with investments in real estate, oil and gas, and other financial investments. From 1996 to 2005, Ross was partnership controller for The Hampstead Group. From 1989 to 1995, Ross served in multiple capacities for McNeil Real Estate Management, including partnership controller.

WealthEngine announced the appointment of Dawn Orr as Chief Financial Officer. Dawn has been a member of senior and executive management at companies such as SAGA Software, Legent Corporation and BRIDGEWERX and as a Senior Manager with KPMG. Mondelez International Brian Gladden

Mondelez International (NASDAQ: MDLZ) announced that Brian Gladden is joining the company as Executive Vice President and Chief Financial Officer, effective Dec. 1. He will succeed David Brearton who will assume a new role that focuses primarily on the establishment and launch of the joint venture with D.E Master Blenders 1753 to form Jacobs Douwe Egberts. Brearton will remain CFO through Dec. 1. Gladden’s first day at Mondelez International will be October 13, and he will work closely with Brearton to ensure a smooth transition. Most recently, Gladden was Senior Vice President and CFO of Dell, Inc. Previously, he was the president and CEO of SABIC Innovative Plastics, the successor company to General Electric Company’s Plastics business, after spending almost 20 years in senior financial and operational positions at GE. Brearton will assume his new position as EVP, Strategic Initiatives on Dec. 1. Brearton has been CFO of Mondelez International since it was launched in 2012. He was named CFO of Kraft Foods Inc. the prior year and helped to lead its successful division into two separate companies. Brearton began his career with the company in 1984 in his native Canada. Before being named CFO, he held a series of senior finance roles, including SVP, Finance at Kraft Foods International, and Corporate Controller.

Ultrasolar Technology announced the appointment of Lali Nathan as the CFO. Ms. Nathan brings experience as an Associate Director at Barclays Capital (London/Singapore/Mumbai), VP Finance at Calpine, CFO/VP Finance at US Biodiesel, Oski Energy, Simbol, and recently in the Solar Energy Space, Meridian Energy.

Freeman announced that Julio Ramirez has been named executive vice president and chief financial officer of the company. Prior to joining Freeman, Ramirez was vice president and treasurer, global tax and strategic planning at Molson Coors Brewing Company. He was a former certified public accountant and served as an Audit and Consulting Partner with KPMG.

VeriStor Systems announced that Bob Necessary has been promoted to Chief Financial Officer. He assumes the new role in addition to his current position as VeriStor Capital’s President and CEO. Necessary joined VeriStor in 2010 and has led the inception of VeriStor Capital as the division’s President and CEO. Prior to his positions at VeriStor, Necessary was President of Presidio Technology Capital following previous positions as Vice President of Finance and sales management for the company. Necessary also served in financial management roles for Memorex and in corporate banking for what is now Bank of America.

8×8, Inc. (NASDAQ: EGHT) announced the appointment of Mary Ellen Genovese as Chief Financial Officer. Ms. Genovese replaces Dan Weirich who announced he will be stepping down after ten years of service to accept a position at a privately held company with a cloud service in the big data space. Mr. Weirich will remain in his role through Friday, October 31, 2014. Thereafter, he will continue as an employee with the Company in an advisory capacity through December 31, 2014 to facilitate a smooth transition. Ms. Genovese most recently served as 8×8’s Senior Vice President of Human Resources and, prior to that, was a consultant to the Company and an advisor to the Company’s Board of Directors Compensation Committee. Prior to joining 8×8, from 2008 to 2011, Ms. Genovese served as a consultant to a Fortune 50 global security. From 2004 through 2006, she was the CFO of Savi Technology. Prior to Savi, from 2000 to 2004, Ms. Genovese was Chief Financial Officer at Trimble Navigation. Between 1992 and 2000, Ms. Genovese worked at Trimble in a succession of other increasingly responsible executive positions, including vice president of finance, corporate controller, business unit controller and controller of manufacturing operations.

Aasonn, LLC announced that John Ciardiello has been named Chief Financial Officer. Previously John was CFO of Alma Lasers, Ltd. and has held senior financial roles with CorSolutions Medical, Inc. and Navigant Consulting.

Oiltanking Partners, L.P. (NYSE: OILT) announced that Donna Y. Hymel has been appointed as Chief Financial Officer of the Partnership’s general partner. Ms. Hymel previously served as Controller and principal accounting officer of the Partnership’s general partner since March 2011. She has also served as Controller of Oiltanking Holding Americas, Inc. (“OTA”) since January 2001. Mrs. Hymel joined OTA in April of 1995 as the Controller for Oiltanking Houston L.P. Since that time, she has served as Corporate Secretary and Treasurer for various OTA and Partnership entities. Prior to joining OTA, she worked at BDO USA, LLP from January 1988 to April 1995 as an audit manager. Jonathan Z. Ackerman has resigned as Vice President and Chief Financial Officer.Logicalis US Rich Pirrotta CFO

Logicalis announced the appointment of Rich Pirrotta to the position of Chief Financial Officer (CFO) in the United States.

Lumos Networks Corp. (NASDAQ: LMOS) announced that it has appointed Johan G. Broekhuysen, currently Interim Chief Financial Officer, Chief Accounting Officer and Corporate Controller, to serve as Executive Vice President, Chief Financial Officer and Treasurer. He remains the Company’s Chief Accounting Officer. Mr. Broekhuysen joined the Company in November 2012 as Vice President and Corporate Controller and was appointed Chief Accounting Officer in January 2014 and interim Chief Financial Officer in March 2014. Prior to joining the Company, Mr. Broekhuysen was Senior Vice President, Assistant Treasurer and Corporate Controller of GlobalLogic, Inc., from 2009 to January 2012 and Vice President and Corporate Controller of GlobalLogic, Inc. from 2008 to 2009. Prior to joining GlobalLogic, Inc., Mr. Broekhuysen was Director, Financial Reporting and Consolidation of AOL, LLC, from 2007 to 2008 and Director, Service Revenue Accounting of AOL, LLC from 2004 to 2007.

B/E Aerospace, Inc. (NASDAQ: BEAV) announced the appointments of Joseph T. Lower as Vice President and Chief Financial Officer of B/E Aerospace, Inc. and Michael F. Senft as Vice President, Chief Financial Officer and Treasurer of KLX Inc. Mr. Lower will initially join B/E Aerospace as Vice President, Finance and be appointed Vice President and Chief Financial Officer upon the effectiveness of the separation of KLX Inc. from B/E Aerospace, Inc. Mr. Lower most recently was Vice President of Business Development and Strategy for The Boeing Company, where he spent the last twelve years. Prior to joining Boeing in 2002, among other finance positions, Mr. Lower spent 6 years with Credit Suisse in various investment banking roles including positions in Mergers and Acquisitions, and Corporate Finance. Mr. Lower will be joining B/E Aerospace on November 1, 2014. Mr. Senft most recently was a Managing Director of Moelis & Company. He has been a member of the B/E Aerospace, Inc. Board of Directors since February 2012, a position he will cease to serve on the effective date of the separation of KLX Inc. from B/E Aerospace, Inc. Mr. Senft has over 30 years of experience as an investment banker, including prior roles as Global Head of Leveraged Finance at CIBC, and Global Co-Head of Leveraged Finance at Merrill Lynch. Mr. Senft has served on the Board of Directors of Moly Mines Ltd. and he served on the Board of Directors of Del Monte Foods.

Solazyme, Inc. (NASDAQ: SZYM) announced that former E.I. du Pont de Nemours and Company (DuPont) CFO Gary Pfeiffer has joined the Solazyme Board of Directors. Mr. Pfeiffer has also joined Solazyme’s Audit Committee. Brad Wolfe

Asure Software (NASDAQ: ASUR) announced that Brad Wolfe has been named as the company’s CFO. Most recently, Wolfe spent most of the last 14 years with DCI Group and their related entities, a private equity and investment organization, where he served in consulting, office and executive finance and operational goals for the firm’s subsidiary and portfolio companies to promote their growth and profitability. Before that, he was CFO and EVP at AON Corporation. Asure’s previous CFO, Jennifer Crow, left in June.

Sucampo Pharmaceuticals, Inc. (NASDAQ: SCMP) announced that Cary J. Claiborne, Chief Financial Officer (CFO), is leaving Sucampo to pursue other interests. Mr. Claiborne will continue in his current role through November 7, 2014.

Doral Financial Corporation appointed Nancy Reinhard as Acting Chief Financial Officer. Ms. Reinhard also remains the Principal Accounting Officer of the Company. Ms. Reinhard initially joined the Company as Principal Accounting Officer in July 2012. Prior to joining the Company, Ms. Reinhard served as the Chief Accounting Officer of ING Bank, FSB from 2010 to June 2012 and was the Controller of ING Bank, FSB from 2007 to 2010. During 2007 Ms. Reinhard was Global Controller of the Equipment Services group of General Electric, and during 2006 and 2007 she was Controller of the Trailer Fleet Services and Modular Space group of General Electric. Ms. Reinhard served in various positions from 1995 to 2006 with Bank of America, N.A. (formerly MBNA America Bank, NA), including Financial Reporting Manager (2004 to 2006), Chief Accounting Officer of MBNA Spain (2002 to 2004), Regulatory Reporting Manager (2002) and SEC Reporting Manager (1996 to 2002). David E. Hooston, the Chief Financial Officer of the Company, was placed on paid administrative leave to attend to personal family issues unrelated to his functions as Chief Financial Officer or the financial matters of the Company.

Myriad Genetics, Inc. (NASDAQ: MYGN) announced the appointment of R. Bryan Riggsbee as executive vice president, Chief Financial Officer, and Treasurer. Jim Evans will continue in his role as Chief Financial Officer through the transition to Mr. Riggsbee. Mr. Riggsbee most recently served as the senior vice president, Corporate Finance at Laboratory Corporation of America Holdings. Previously, he served in various finance positions of increasing responsibility at General Electric Company. Mr. Riggsbee began his career in the audit division of KPMG.

Sizmek Inc. (NASDAQ: SZMK) announced that it has appointed Ken Saunders as Chief Financial Officer. Saunders is currently a Partner at Black Dragon Capital, where he serves as CFO of two portfolio companies he helped establish: Fortress Risk Management and Payveris. Prior to those roles, he was CFO of BeyondTrust Software. Saunders joined BeyondTrust from Bazaarvoice, Inc. (NASDAQ: BV), where he became the company’s first CFO. Earlier in his career as CFO, Saunders helped lead Peregrine Systems, Inc., and he was also instrumental at Open Solutions, Inc. Saunders’ longest tenure was with a series of companies that ultimately merged into FICO, where he was CFO.

CFO Moves – week ending October 3, 2014

CFO Moves this week include:

Autodesk, Inc. GLG EMC Corporation
VF Corporation CEC Entertainment, Inc. Mercer
Munich Re NewLink Genetics Corporation Charles River Associates
Graphic Packaging Holding Company Press Ganey Wingstop Restaurants, Inc.
Eline Entertainment Group, Inc. ACE Life Magnetic
American Apparel, Inc. Atlas Venture NXT-ID, Inc.
Unwired Planet, Inc. Mountain High Acquisitions Corp. TOMI™ Environmental Solutions, Inc.
CNB Sysorex Global Holdings Corp. Merchants Bancshares, Inc.
The Wet Seal, Inc. Krispy Kreme Doughnuts, Inc. Turner Broadcasting System, Inc.
Voya Investment Management New Gulf Resources, LLC Panolam Industries International
KJT Group Windstream Fibrocell Science, 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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Autodesk, Inc. (NASDAQ:ADSK) announced R. Scott Herren will join the company as senior vice president and chief financial officer, effective November 1, 2014. Herren, who is currently serving as senior vice president of finance at Citrix. Herren has spent the past 14 years at Citrix. Prior to his current role, Herren held a variety of leadership roles at Citrix including vice president and managing director for EMEA and vice president and general manager of the company’s virtualization systems group. Before joining Citrix in 2000, he spent 16 years in senior strategy and financial positions at FedEx and IBM.

GLG announced that Bart Catalane has joined the firm as Chief Financial Officer. Catalane brings to GLG more than 25 years of experience leading finance for venture- and private equity-backed companies, ranging from Open English to Getty Images and Ziff Davis Media. His previous financial and strategic experience includes positions at Webloyalty Holdings, LIN TV, TMP Worldwide, and Capital Cities/ABC.Zane Rowe

EMC Corporation (NYSE: EMC) announced that Zane Rowe has joined the company as Executive Vice President and Chief Financial Officer. Prior to joining EMC, Rowe had a successful 19-year financial and corporate strategy career first at Continental Airlines where he rose to the role of Executive Vice President and Chief Financial Officer. Following that, he was CFO at United Continental Holdings, Inc. Following United Continental Holdings, Rowe joined Apple where he served as head of North America Sales reporting directly to Apple CEO Tim Cook.

VF Corporation (NYSE: VFC) announced that Senior Vice President & Chief Financial Officer Robert K. Shearer will retire in March 2015, after 28 years with the company. VF named Scott A. Roe, currently Vice President, Controller and Chief Accounting Officer, to succeed Shearer in the role of Chief Financial Officer. Roe joined VF in 1996 as an Audit Manager, and since that time has held multiple positions of increasing responsibility within the company’s Finance organization. In 2012, Roe was promoted to Vice President of Finance for VF Corporation, based in Greensboro, N.C., after serving as Vice President and Chief Financial Officer for VF International, which is headquartered in Switzerland.

CEC Entertainment, Inc., which operates 577 Chuck E. Cheese’s stores, announced that it has appointed Temple Weiss as Chief Financial Officer. Temple recently served as CFO at Pegasus Solutions. Prior to Pegasus Solutions, Temple served as the CFO of ACE Cash Express and as CFO of LQ Management, a private equity portfolio company managing and franchising La Quinta hotels.

Mercer, a wholly-owned subsidiary of Marsh & McLennan Companies (MMC), announced the appointment of Helen Shan as Chief Financial Officer (CFO). Mark McGivney, who served as CFO and COO of Mercer, has been appointed Senior Vice President, Corporate Finance, at MMC. Ms. Shan joined Marsh & McLennan in 2013 with oversight of MMC’s global Treasury operations. Prior to joining MMC, she was Vice President, Treasurer at Pitney Bowes, and previously held senior roles at JPMorgan Securities, including Managing Director, Diversified Industries.

Munich Re announced that Richard Olsen, currently Head of Central Reserving at Munich Re, will become Chief Financial Officer of Munich Re’s U.S. property and casualty reinsurance subsidiary, Munich Reinsurance America, Inc. Olsen will begin in his new role on January 1, 2015 and replaces Steven Levy, who was recently appointed President of Munich Reinsurance America’s Reinsurance Division. Before joining Munich Re in 2009, Olsen spent 21 years with General Re Corporation, most recently as Senior Vice President & Actuary for Cologne Re. Rich

NewLink Genetics Corporation (NASDAQ: NLNK) announced that Jack Henneman has been appointed Executive Vice President and Chief Financial Officer. Mr. Henneman replaces Gordon H. Link, Jr., Chief Financial Officer. Prior to joining NewLink, Mr. Henneman served Integra LifeSciences in various capacities for sixteen years, including as General Counsel and Chief Administrative Officer, and since 2007 as Chief Financial Officer.

Charles River Associates (NASDAQ: CRAI) announced that Wayne D. Mackie has decided to step down from his positions as Executive Vice President, Chief Financial Officer, and Treasurer. The Board has elected Global Leader of Corporate Development and Vice President Chad Holmes to succeed Mr. Mackie. The transition will be effective as of November 10, 2014. Mr. Holmes joined the firm in 2004 as part of the InteCap, Inc. acquisition.

Graphic Packaging Holding Company (NYSE: GPK) announced that Chief Financial Officer Daniel Blount has elected to retire on March 1, 2015, after 16 years of dedicated service with the Company. Stephen Scherger, previously Senior Vice President – Consumer Packaging Division, has been named Senior Vice President – Finance, effective October 1, 2014, as part of the Company’s succession plan.  Scherger will be appointed Chief Financial Officer effective January 1, 2015.   Blount will remain as Special Advisor until March 1, 2015.

Press Ganey announced that Matt Hallgren has been promoted to the role of Chief Financial Officer (CFO). Hallgren has more than 17 years of financial experience, including public accounting at both Arthur Andersen and Deloitte, where he was a manager in the audit practice. Additionally, he held positions at global public companies, including the Boeing Company in the technical accounting group and Heidrick & Struggles International as CAO.

Wingstop Restaurants, Inc. announced the appointment of Michael Mravle as Chief Financial Officer. Mravle joins the Company from Bloomin’ Brands, Inc., where he held several positions, including most recently Group Vice President of Financial Planning & Analysis (FP&A) and U.S. CFO. Prior to holding the position of Group Vice President of FP&A and U.S. CFO at Bloomin’ Brands, Mravle held several other positions, including Vice President of Corporate FP&A for the company, and Vice President of Finance, Carrabba’s Italian Grill. Before that, he was Vice President of Finance – New Concepts, supporting brands including Fleming’s Prime Steakhouse and Wine Bar and Roy’s Hawaiian Fusion. Mravle also spent eight years with McDonald’s Corporation (NYSE: MCD), holding positions of increasing responsibility, including Senior Finance Manager – Global Supply Chain. Mravle will replace Lance Loshelder who will assume the position of Executive Vice President of Finance.

Eline Entertainment Group, Inc. (OTC: EEGI) announced the addition of Rodney Wilkinson as its Chief Financial Officer & General Counsel.

ACE Life, the global life insurance division of ACE Group, announced the appointment of Haik de Jong as Chief Financial Officer. Before joining ACE, he was the Asia Pacific regional chief financial officer for ING. Prior to this role, Mr. de Jong held senior management roles in Europe, Latin America and Asia.

Magnetic announced the addition of Justin Squezello as Chief Financial Officer (CFO). Squezello previously served as the CFO of About.com. Prior to About.com, Justin served a variety of strategic financial leadership roles at IAC for five years. He’s also served finance, business operations and sales analysis roles at Time Inc. and Ziff Davis.

American Apparel, Inc. (NYSE: APP) announced the appointment of Hassan Natha as Executive Vice President and Chief Financial Officer. Mr. Natha replaces John Luttrell as CFO. His experience includes service as Chief Financial Officer at Fisher Communications, Inc. and Jones Soda Company. He also spent ten years at Nike’s Bauer Nike Hockey, Inc. in various finance and executive operations roles. John Luttrell, who had been serving as Interim Chief Executive Officer and Chief Financial Officer, is resigning from the Company.

Atlas Venture announced that Jason Rhodes, President and Chief Financial Officer of Epizyme, is joining the firm’s life sciences investing team as a partner effective October 1, 2014. Rhodes joined Epizyme in 2010 when it was a private, research-stage company. Rhodes also previously served as Vice President of Business Development at Alnylam. Prior to Alnylam, Rhodes was a founder and partner with Fidelity Biosciences, the life sciences venture capital arm of Fidelity Investments.

NXT-ID, Inc. (NASDAQ: NXTD) announced that Vincent S. Miceli has been named the Company’s Vice-President and Chief Financial Officer. Mr. Miceli replaces Gino Pereira as Chief Financial Officer. Mr. Pereira will continue to serve as the Company’s Chief Executive Officer and as a Director. Mr. Miceli was the Vice-President and Chief Financial Officer/Treasurer of Panolam Industries International, Inc. from May 2006 to mid-December 2013. Prior to that, Mr. Miceli was the Chief Financial Officer and Corporate Controller of Opticare Health Systems, Inc. from 2004 to 2006. Prior to 2004, Mr. Miceli held senior accounting positions at Amphenol Corporation and United Technologies, Inc.

Unwired Planet, Inc. (NASDAQ: UPIP) announced that Eric Vetter intends to resign as the company’s president, chief financial officer and chief administrative officer as of November 18, 2014.

Mountain High Acquisitions Corp. (OTC: MYHI) announced the appointment of Richard G. Stifel as the Company’s new CFO and Director. Mr. Stifel has over 30 years of finance, accounting, and operations experience in telecom, trucking, mining, distribution, consumer products, video production, manufacturing, and retail with over 15 years’ experience as a Chief Financial Officer. Richard is the founder (2001) and President of RGS Resources, LLC, a provider of strategic CFO solutions to start-up and mid-sized companies.

TOMI Environmental Solutions, Inc. announced that Nick Jennings has been appointed Chief Financial Officer. Prior to joining TOMI, Mr. Jennings held a senior management position for a prominent Los Angeles-based accounting firm.

CNB, one of the two banking subsidiaries of the Shore Bancshares Inc. (NASDAQ: SHBI) announced that its board of directors has appointed CNB CFO, Edward C. Allen as  president and chief executive officer. Mr. Allen joined CNB as chief financial officer in 2011, and previously served as chief financial officer at Independence Bank.  CNB also announced the appointment of Lynn Payne as the CFO of CNB. Ms. Payne previously served as chief financial officer at Prince George’s Federal Savings Bank.

Sysorex Global Holdings Corp. (NASDAQ: SYRX) announced that Will Frederick has joined the company as Chief Financial Officer effective October 1, 2014. Mr. Frederick replaces Wendy Loundermon who will now serve as VP of Finance. Prior to joining Sysorex, Mr. Frederick served as Chief Financial Officer at Neural ID LLC; Chief Financial Officer of Entelos Holding Corp., which was acquired by Rosa & Co.; VP Finance and CFO Global Communications Solutions at Avaya Inc.; Chief Financial Officer of NovaRay Medical Inc.; and Senior Vice President and Chief Financial Officer at Pharsight Corp., which was acquired by Tripos International. Mr. Frederick also served in senior finance roles at Versata Inc., Clarent Corp. and ACT Networks Inc., prior to their respective acquisitions.

Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, announced that Thomas Meshako has been appointed as Chief Financial Officer and Treasurer effective November 10, 2014. Mr. Meshako comes to the Company from Brookline Bancorp, Inc. where he has served as the Director of Finance for three years. Prior to joining Brookline, Mr. Meshako was Senior Vice President of Operations of Union Bankshares, Inc., and, before then, Senior Vice President, Financial Planning and Analysis, with Chittenden Corporation for nine years.

The Wet Seal, Inc. (NASDAQ: WTSL) announced that the Company’s Chief Financial Officer, Steve Benrubi, has resigned and will remain with the Company through December 1, 2014, to assist with the transition.

Krispy Kreme Doughnuts, Inc. (NYSE: KKD) announced that Chief Financial Officer Douglas R. Muir has notified the Company of his intent to retire in calendar year 2015. Mr. Muir has served as Executive Vice President and Chief Financial Officer since June 2007. He joined Krispy Kreme as Chief Accounting Officer in June 2005 and had been a consultant to the Company since December 2004. Pascal Desroches

Turner Broadcasting System, Inc. (TBS, Inc.) announced that Pascal Desroches has been named executive vice president and chief financial officer, effective Jan. 1, 2015. Desroches was most recently senior vice president and controller of Time Warner Inc. He joined Time Warner in 2001 from KPMG LLP, where he was a partner in the Department of Professional Practice-Assurance & Advisory Services in New York. Previously, Desroches was a Professional Accounting Fellow with the Office of the Chief Accountant at the United States Securities and Exchange Commission (SEC).

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced that Michael A. Bell has joined the firm as chief financial officer. Bell succeeds Daniel Wilcox, who will be retiring at the end of 2014. Bell most recently served, since 2012, as chief financial officer for Hartford Investment Management Company (HIMCO), part of The Hartford. Previously, Bell served as CFO for TheHartford’s Institutional Solutions Group. He also was HIMCO’s chief accounting officer from 2005 to 2008 and director of investment accounting policy, reporting and taxation from 2003 to 2005. Prior to joining The Hartford in 2002, Bell spent 10 years with PricewaterhouseCoopers, LLP and previously was at Arthur Andersen & Co.

New Gulf Resources, LLC announced Danni Morris, former Treasurer of WPX Energy, Inc. will become NGR’s Chief Financial Officer.  Morris replaces Rob Moore, who had been serving a dual role as CFO and Petroleum Engineer and will now become Senior Vice President, Production Operations & Engineering.   Mrs. Morris has a 20 plus year tenure in the energy business having performed most of her career at The Williams Companies, Inc. and WPX Energy in business development and treasury roles.

Panolam Industries International announced the appointment of James “Jim” Stiff to the position of Chief Financial Officer (CFO.) Mr. Stiff most recently served as vice president and CFO for Sonneborn, LLC. Mr. Stiff also held CFO positions at Weichert Relocation Resources, Inc., Ultimate Juice Company and Covington Industries, Inc.

KJT Group announced the appointment of Kimberly DeYoung as Chief Financial Officer. Prior to joining KJT Group, Kimberly served as Financial Analyst, Accounting Manager, Director of Accounting, and most recently Vice President, US Controller at Harris Interactive, Inc.

Windstream (NASDAQ: WIN) announced that Bob Gunderman has been named interim chief financial officer. Gunderman succeeds Tony Thomas, who has been named president of the real estate investment trust (REIT) to be created by the spinoff of certain Windstream telecommunications assets. Gunderman is senior vice president and treasurer for Windstream. He previously served as vice president of financial planning for Windstream. Gunderman was vice president of internal audit for Alltel prior to joining Windstream in 2008. He was a senior accountant with Deloitte and Touche LLP before entering the communications industry in 1996.

Fibrocell Science, Inc. (NASDAQ: FCSC) announced that Gregory Weaver is no longer employed as Chief Financial Officer, Senior Vice President, Treasurer and Corporate Secretary of the Company. The Company appointed Kimberly M. Smith, the Company’s Controller, to serve as Interim Chief Financial Officer, Treasurer and Corporate Secretary. Ms. Smith will continue to serve as the Controller of the Company, a position she has held since January 2014. Prior to joining the Company, Ms. Smith was a financial consultant with AC Lordi Corporation from 2010 to 2013 working exclusively for AC Lordi Corporation’s client, ViroPharma Incorporated. From 2004 to 2010, Ms. Smith was a financial consultant with The Siegfried Group, LLP, representing a variety of clients. Prior to joining The Siegfried Group, LLP, Ms. Smith was a financial analyst for Motorola, Inc. from 2002 to 2004. Ms. Smith began her career as a staff accountant at Ernst & Young LLP from 1998 to 2000 and as a senior accountant from 2000 to 2002.

CFO Moves – week ending September 26, 2014

CFO Moves this week include:

Revlon Johnson Controls FinancialForce.com
Omnicom Group Inc. State Compensation Insurance Fund Ventas, Inc.
Willis Group Argan, Inc. LENSAR Inc.
Airgain, Inc. Overture SUNZ Insurance Company
GlobeOne Columbia Laboratories, Inc. Visible World
Ixia USA Truck, Inc. Eventus Solutions Group
Kurion, Inc. SPI Solar Ceragon Networks Ltd.
sPower A. M. Castle & Co. BioNitrogen Holdings Corp.
Silvaco, Inc. Graco Inc. Garden Fresh Restaurant Corp.
Symmetry Wells-Gardner Electronics Corporation American Railcar Industries, Inc.
EveryWare Global, 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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Revlon, Inc. appointed Roberto Simon as its Executive Vice President and Chief Financial Officer. Mr. Simon’s election as Revlon’s EVP & CFO fills the vacancy in that position created by the departure from the Company of its former Executive Vice President, Chief Financial Officer and Chief Administrative Officer, Lawrence Alletto. Previously, Mr. Simon served as the Company’s Senior Vice President, Global Finance since joining the Company in October 2013 as part of the Company’s acquisition of The Colomer Group Participations, S.L., including serving as the Company’s Global Business Process Owner, SAP, since February 2014. Prior to joining the Company and since 2002, Mr. Simon served in various senior finance positions of increasing responsibility at The Colomer Group, including most recently serving as The Colomer Group’s Chief Financial Officer since October 2011.Johnson Controls Brian Stief

Johnson Controls announced that R. Bruce McDonald, most recently the company’s executive vice president and chief financial officer, has been named executive vice president and vice chairman. McDonald joined Johnson Controls in 2001. He was appointed vice president and chief financial officer in 2005 and named executive vice president in 2006. Prior to Johnson Controls, McDonald held a variety of financial positions of increasing responsibility at Ernst & Young and Varity Corporation, where he held the position of vice president, Finance. Brian Stief has been appointed executive vice president and chief financial officer of Johnson Controls. Stief most recently served as vice president and corporate controller, responsible for global finance functions, financial planning and analysis and corporate taxation. Prior to joining Johnson Controls in 2010, he was a partner at Pricewaterhouse Coopers.

FinancialForce.com announced that John Bonney has joined FinancialForce.com as chief financial officer. Most recently, he served as the global vice president of finance and division CFO of SAP Cloud at SAP. In addition, he has held senior positions at Ariba, Inc. (acquired by SAP in 2012) and ServiceSource.Philip Angelastro

Omnicom Group Inc. (NYSE: OMC) announced that Randall Weisenburger has stepped down as the Company’s Executive Vice President, Chief Financial Officer to return to private equity.  Omnicom’s Board of Directors has appointed Philip Angelastro, currently Omnicom’s Senior Vice President Finance and Controller, as Executive Vice President, Chief Financial Officer. Phil Angelastro has served as Senior Vice President, Finance and Controller for Omnicom since 2002. Mr. Angelastro began his career at Coopers & Lybrand where he became a partner in 1996.  In 1997, he joined the DAS Network of Omnicom as Vice President of Finance and then CFO for the Americas.  In 1999, he was appointed Controller of Omnicom.

State Compensation Insurance Fund has appointed Peter Guastamachio as its Chief Financial Officer (CFO). Guastamachio had been acting CFO since November 2013 and also serves as Chief Investment Officer. Guastamachio joined State Fund in 2009 as State Fund’s Chief Investment Officer. He has more than 30 years experience in the financial world having served as vice president-assistant portfolio manager for Bank of West and held a variety of positions with Argonaut Insurance. Guastamachio also holds a seat on the Board of Directors for the California Insurance Guarantee Association.Robert Probst

Ventas, Inc. (NYSE: VTR) named Robert F. Probst as Executive Vice President and Chief Financial Officer. Probst will assume his position in October and work with retiring Ventas CFO Richard A. Schweinhart through the transition. Probst served as senior vice president and chief financial officer for Beam Inc. from 2008 to 2014. From 2005 to 2008, Probst was vice president of finance, strategy and M&A for Baxter International Inc.’s $4 billion Medication Delivery business. Prior to that, he was with London-based Diageo plc, from 1997 to 2005. Earlier in his career, he was a finance manager for The Pillsbury Company and a commercial lending officer with the Northern Trust Bank.

Willis Group announced that Andrew Barbe has been named Chief Financial Officer. Barbe comes to Willis Group from the energy industry, where he held similar leadership roles. His prior experience includes positions as a Director with a financial advisory firm, several years in the audit practice of PricewaterhouseCoopers, as well as various managerial roles in operations and business development in the healthcare and professional employer industries.

Argan, Inc. (NYSE: AGX) announced that Arthur F. Trudel, Senior Vice President and Chief Financial Officer, will retire as Chief Financial Officer and Senior Vice President in January 2015. Mr. Trudel has been Argan’s CFO since joining the Company in April 2003. Cynthia Flanders, a member of Argan’s board of directors, will succeed Mr. Trudel as CFO. Mr. Trudel will remain an employee of Argan, Inc. functioning as Senior Advisor to Argan’s Chairman and CEO. Peter Mariani

LENSAR Inc. announced the appointment of Peter J. Mariani as Chief Financial Officer. From June 2011 to June 2014 Mariani served as Chief Financial Officer at Hansen Medical. His experience also includes 12 years in senior financial positions with Guidant Corporation. He subsequently served as Chief Financial Officer of two private companies, Harlan Laboratories and BMW Constructors.

Airgain, Inc. announced that Leo Johnson has joined as the Chief Financial Officer. Johnson was working as the interim CFO for nearly two years. Previously, he held several financial positions at Verisign, Inc., including director of finance, a position he held since 2003. From 1998 to 2001, Mr. Johnson served as CFO at Planning Technologies, Inc.

Overture announced the appointment of Greg Anglum as Chief Financial Officer. Anglum recently served as CFO at StrikeIron, Inc.

SUNZ Insurance Company announced that Linda Bishop has been promoted to Chief Financial Officer. Bishop has been serving as the controller for SUNZ since her hiring in 2008.  Prior to joining SUNZ, Bishop spent six years at Kforce, Inc., as a Senior Analyst in the Corporate Planning department, conducting financial planning and analysis.  GlobeOne Phil Valvardi CFO

GlobeOne announced that Philip A. Valvardi has joined the firm with the dual role of Chief Financial Officer and Global Head of Business Development. Valvardi most recently served as the General Manager of the Prepaid Solutions business at Fiserv. He was CEO of Maverick Network Solutions, a company acquired by Fiserv in March 2011. He previously served as President of the MAC Network. He also previously held executive positions in the electronic payments and financial divisions of CoreStates Financial Corp., now part of Wells Fargo Bank.

Columbia Laboratories, Inc. (NASDAQ: CBRX) announced that the Board has named George O. Elston as Chief Financial Officer, effective October 1. He succeeds Jonathan Lloyd Jones, who is stepping down from the role to pursue other opportunities. He joins Columbia from KBI Biopharma where he served as Senior Vice President and CFO. Mr. Elston is also a board member at Celldex Therapeutics, Inc. and chair of the audit committee, in addition to serving as a trustee for the Deutsche Bank DBX ETF Trust. Previously, Mr. Elston served as a senior executive at Optherion, Inc., and Elusys Therapeutics. In addition to these roles, Mr. Elston was the founder and managing partner at Chatham Street Partners.

Visible World announced that Justine Gaeta has joined the company as Chief Financial Officer. Most recently, Gaeta was a member of the management team that sold the Mocean Mobile ad serving platform to PubMatic, Inc. For the five years prior to the sale, Gaeta was the VP Finance for Mojiva Inc., parent of Mocean Mobile. Gaeta began her career at AT&T, where she held increasingly senior positions in mergers and acquisitions, investor relations and corporate planning. Gaeta also served as VP Finance for Phorm, Inc.

Ixia (NASDAQ: XXIA) announced that its board of directors has appointed Brent Novak as its chief financial officer. Brent Novak has served as Ixia’s vice president, finance since 2006. In addition, he has served as acting chief financial officer since March 2014. Prior to joining Ixia in 2004 as senior director of finance, Novak served as director of finance and corporate development at Idealab. Novak began his career in the audit practice of PricewaterhouseCoopers.

USA Truck, Inc. (NASDAQ: USAK) announced the appointment of Michael K. Borrows as chief financial officer. Mr. Borrows held finance and accounting leadership positions of increasing responsibility for 14 years at Kansas City Southern and BNSF Railway. At Kansas City Southern, where his last position was senior vice president and chief accounting officer. Immediately prior to joining USA Truck, he served as senior vice president and managing director at Pollen, Inc. , a technology-based company doing business as C2FO. Prior to C2FO, Mr. Borrows was senior managing partner and chief financial officer of FinEquity Partners LLC. Mr. Borrows replaces Clifton R. Beckham, who, as previously announced, notified the Company in August 2014 of his plan to proceed with his resignation as executive vice president and chief financial officer.Cammie Blais

Eventus Solutions Group announced that current Connect for Health Colorado Chief Financial Officer Cammie Blais will assume the role of Vice President of Customer Engagement. Prior to joining Connect for Health Colorado, Blais served for four years as owner of Bolder Business Solutions. Earlier Blais served for nearly seven years as Director of Operations and Finance at Newstrom-Davis Construction Company and 14 years in operational management positions at the Greenblock Worldwide Corporation and at Mayflower.

Kurion, Inc. announced the appointment of Stephen Wright as chief financial officer. Wright joins Kurion from Materia, Inc. where he was chief operating officer. Previously he served as senior vice president and chief financial officer at AeroVironment Inc. Wright has also held CFO positions at L-3 Prime Wave Communications, Cellotape, Inc., Globalstar L.P., and Adicom Wireless, Inc.

SPI Solar (OTCL: SOPW) announced the appointment of Amy Jing Liu as Chief Financial Officer (principal financial officer) and Senior Vice President, replacing interim CFO Roger Le Yu. Since May 2009, Ms. Liu has served as an independent financial advisor advising primarily mid to late-stage high growth companies. From October 2007 to April 2009, Ms. Liu was the chief financial officer of Hanwha Solarone Co., Ltd. (formerly Solarfun Power Holdings).

Ceragon Networks Ltd. (NASDAQ: CRNT) announced that Doron Arazi has joined the company and will assume the responsibilities of Aviram Steinhart, as executive vice president and chief financial officer, effective November 1, 2014. After this transition period, Mr. Steinhart will be leaving the company for another opportunity. Mr. Arazi is joining from Amdocs Limited, where he recently has been serving as vice president and customer business executive. Prior to joining Amdocs in 2010, as vice president of corporate economics, Mr. Arazi held several leadership roles with high-tech public companies, including three years as chief financial officer of Allot Communications Limited, as well as senior financial and management positions with Verint Systems Group. A certified public accountant (Israel), he began his career in public accounting with Kesselman & Kesselman (PricewaterhouseCoopers).

sPower (Sustainable Power Group) announced the promotion of current CFO, J.I. “Chip” Everest, to President.

A. M. Castle & Co. (NYSE: CAS) announced the appointment of Patrick Anderson as interim Chief Financial Officer.  He succeeds Scott Stephens, who is leaving the Company to pursue other business opportunities.  Mr. Anderson joined A. M. Castle in 2007 as Vice President, Corporate Controller & Chief Accounting Officer.  Prior to joining A.M. Castle, he was a Senior Manager at Deloitte.

BioNitrogen Holdings Corp. (PINK: BION) announced that Bryan Kornegay, its President and CFO, will be taking a leave of absence pending the resolution of a personal business matter unrelated to the company.

Silvaco, Inc. announced that CFO Gary Micchelli has stepped down. Ken Myers will serve as interim CFO.

Graco Inc. (NYSE: GGG) announced that James A. Graner has informed the company of his intention to retire as Chief Financial Officer. Mr. Graner will continue as Chief Financial Officer while a replacement is being identified. The company expects that Mr. Graner’s retirement will become effective in August 2015 and that the new Chief Financial Officer will commence the position at that time.

Garden Fresh Restaurant Corp. announced that David A. Carr is joining the company as Chief Financial Officer. Mr. Carr previously served as Vice President of Finance for Petco Animal Supplies, Inc. Earlier positions with the company include VP of Financial Planning and Analysis, as well as roles in strategic planning, merchandise planning, technology and investor relations. He began his career at PricewaterhouseCoopers LLP in the Financial Advisory Services Consulting Group. Andy Breton

Symmetry appointed Andy Breton as Chief Financial Officer.

Wells-Gardner Electronics Corporation (NYSE MKT: WGA) announced that Executive Vice President, Treasurer and Chief Financial Officer Jim Brace will cease his operating duties effective September 30, 2014 in connection with the recent sale of the LCD business. Renee Zimmerman, currently Wells-Gardner’s Vice President, Corporate Controller & Chief Information Officer, will succeed Mr. Brace as Senior Vice President, Treasurer and Chief Financial Officer on October 1, 2014. Ms. Zimmerman has been with Wells-Gardner since September 2006. Prior to joining the Company, Ms. Zimmerman was Senior Finance Manager at Tellabs Inc. from September 2002 to September 2006 and Cost Accounting Manager at Knowles Electronics, from April 2001 to September 2002, where she and Mr. Brace worked together.

American Railcar Industries, Inc. (NASDAQ: ARII) announced that Dale C. Davies, ARI’s Senior Vice President, Chief Financial Officer and Treasurer, has retired. The Company appointed Umesh Choksi as the Company’s Senior Vice President, Chief Financial Officer and Treasurer. Mr. Choksi has served American Railcar Leasing LLC (ARL) and ACF Industries, LLC in various capacities since 1977, including roles as both CEO and CFO of ARL.

EveryWare Global, Inc. (NASDAQ: EVRY) announced that Joel Mostrom, a Senior Director with Alvarez & Marsal, will be appointed interim Chief Financial Officer, effective on October 3, 2014. Mr. Mostrom will succeed Bernard Peters.

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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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.

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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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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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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.