CFO Moves – week ending June 28, 2013

CFO Moves this week include:

Ansell Limited Innophos Holdings, Inc. Las Vegas Sands Corp.
Navistar International Corporation U.S. Cellular Lux Capital
Tessera Technologies, Inc. Liquidia Technologies TSG Consumer Partners LLC
Okta Zenoss Inc. Qvidian
SandRidge Energy, Inc. NxStage Medical, Inc. The National Marrow Donor Program
MediaBrix Milestone Apartments REIT Navarre Corp.
Applied Micro Circuits Corporation Hinshaw & Culbertson LLP Novavax, Inc.
ProPhotonix Limited Cogniance Imtra
Gordon Silver, LLC Ingram Content Group Leedo Cabinetry
Neebo, Inc. Cross Match Technologies, Inc. Image Sensing Systems, Inc.
Respect Your Universe, Inc. Westell Technologies, Inc. Tellabs
Fibrocell Science, Inc. Flux Power® Holdings, Inc. Directravel Holdings Inc.
Tengasco, 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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Ansell Limited announced that it has named Neil I. Salmon as Chief Financial Officer (CFO).  Mr. Salmon will take on the role effective July 15, 2013. Salmon replaces Francois Le Jeune who was acting CFO. Mr. Salmon is a native of the United Kingdom where he spent the first years of his career with Imperial Chemical Industries (ICI), serving in operational finance leadership positions across various ICI regions and business units in the UK, South Africa, the United States and Singapore.  Most recently, Mr. Salmon was the CFO of Innophos Holdings.

Innophos Holdings, Inc. (NASDAQ: IPHS) announced that Neil I. Salmon, Vice President and Chief Financial Officer, will be leaving the Company to assume the position of Chief Financial Officer at Ansell Limited. Mr. Salmon will remain CFO of Innophos until July 15, 2013 to help ensure a smooth transition. Mark Feuerbach, Vice President, Investor Relations, Treasury, Financial Planning & Analysis, will assume the CFO role on an interim basis. Mark has extensive knowledge of the industry with 24 years of experience and served as Innophos’ CFO on two prior occasions.

Las Vegas Sands Corp. announced that effective July 31, 2013, Kenneth J. Kay will no longer serve as the Executive Vice President and Chief Financial Officer.

Navistar International Corporation (NYSE: NAV) announced that Andrew J. (A. J.) Cederoth, the company’s executive vice president and chief financial officer (CFO), will be leaving Navistar at the end of the month as part of a planned transition to a new CFO. Cederoth has served as the company’s CFO since September 2009. James M. Moran, Navistar senior vice president and treasurer, will oversee the company’s financial operations and functions on an interim basis.

U.S. Cellular (NYSE: USM) announced that it has appointed Kenneth R. Meyers president and chief executive officer (CEO). Meyers has been executive vice president and chief financial officer (CFO) of Telephone and Data Systems, Inc. (NYSE: TDS). Meyers joined U.S. Cellular in 1987 and held several senior management positions, including executive vice president and CFO. Meyers became executive vice president and CFO of TDS in 2007.Karen Eliadis

Lux Capital announced that Karen Eliadis has joined the firm as its Chief Financial Officer (CFO). Karen was most recently the Chief Financial Officer of BlueRun Ventures. She was previously Director of Finance of Sofinnova Ventures. Before joining Sofinnova, Karen was Managing Director, Finance for a private equity firm and held senior finance positions at several large organizations. Karen is actively involved in the venture community, leading as chair and board member of VCBC, and serving on several committees of the NVCA CFO Task Force. In July, Karen will join the board of the West Coast Chapter of the Private Equity CFO Association.

Tessera Technologies, Inc. (NASDAQ:TSRA) announced the appointment of John Allen as acting chief financial officer (“CFO”). Allen succeeds C. Richard Neely, Jr., whose tenure as the Company’s executive vice president and CFO ended. Allen has served as senior vice president and corporate controller for the Company since December 2012. Before that, Allen served as vice president, corporate controller and chief accounting officer of Corsair Components, Inc. from July 2010 to December 2012. From January 2004 to June 2010, Allen served as corporate controller and as CFO of Leadis Technology, Inc. Allen has also served in finance and accounting roles for a number of other publicly-traded technology companies, including Advanced Micro Devices, Xilinx, and Asyst Technologies.

Liquidia Technologies announced that Timothy Albury has been named the company’s Chief Financial Officer (CFO). Mr. Albury joins Liquidia from Osmotica Pharmaceutical Corp.

TSG Consumer Partners LLC announced the appointment of R. Wallace Wertsch as Chief Financial Officer and Chief Compliance Officer. Wertsch joins TSG Consumer Partners after a thirty-five year career at Deloitte, LLP where he served as a senior partner in their tax practice.

Okta announced the appointment of Bill Losch as its first chief financial officer. Prior to Okta, Losch served as CFO at MobiTV, Inc. Losch also served as the chief accounting officer at DreamWorks Animation, SKG, Inc., as vice president of finance and chief accounting officer at Yahoo! Inc., and has held various leadership positions at Universal Studios, Inc. and KPMG.

Zenoss Inc. announced that John Whitmarsh has joined the company as Chief Financial Officer (CFO). Whitmarsh’s past experience includes being the CFO at MessageOne Inc. Whitmarsh also held CFO roles at Misys Healthcare Transaction Services, Digital Motorworks, Inc., Century Payments, and Invodo, Inc. He is a CPA and began his career in audit, tax and corporate transactions with international CPA firm KPMG.

Qvidian announced that D. Tyler Drolet has joined as Chief Financial Officer. Prior to Qvidian, Tyler held CFO and senior financial positions with Active Endpoints (acquired by Informatica), BlueShift Technologies (acquired by Brooks Automation) and Groove Networks (acquired by Microsoft) and earlier experience with Internet and instrument companies. He also currently serves on the Board of Directors of the North Shore Technology Council.

SandRidge Energy, Inc. (NYSE: SD) announced the appointment of Eddie LeBlanc to the role of Executive Vice President and Chief Financial Officer.  Mr. LeBlanc will fill the role of CFO that was vacated when James Bennett was recently named Chief Executive Officer and President. Mr. LeBlanc served as Chief Financial Officer at each of East Resources Inc. (2010 – 2013), Oklahoma City-based PostRock Energy Corporation (2009 – 2010), Ascent Energy Company (2003 – 2007), Range Resources Corporation (2000 – 2003), and Coho Energy, Inc. (1995 – 1999).

NxStage Medical, Inc. (NASDAQ: NXTM) announced that Matthew W. Towse has been appointed Senior Vice President and Chief Financial Officer, and Robert S. Brown, former Senior Vice President and Chief Financial Officer, has been named President of NxStage Kidney Care, Inc. Mr. Towse served as Vice President and Chief Financial Officer of Vette Corp. from 2006 until its acquisition by a strategic buyer in 2012. From 2003 to 2005, he served as Senior Vice President and Chief Financial Officer of Fairchild Semiconductor International, Inc.  Previously, Mr. Towse served as Fairchild’s Vice President and Corporate Treasurer from 1997 to 2003, and held various financial management positions with National Semiconductor from 1991 to 1997 before becoming part of the team that spun-out Fairchild from National. Most recently, he served as an Interim CFO with Tatum, LLC.

The National Marrow Donor Program® and Be The Match® announced that Amy Ronneberg will be joining the organization on July 15 as chief financial officer (CFO). Ronneberg was most recently executive vice president, CFO and chief operating officer (COO) of North American Membership Group, a private equity-owned media company. Previously, Ronneberg spent 12 years at Capella University.

MediaBrix announced the appointment of Glen Sussman as the company’s Chief Financial Officer. Prior to joining MediaBrix, Sussman served as a CFO consultant and Board Advisor to various technology start-ups in New York and San Francisco. Prior, he was the CFO of Double Fusion. Before Double Fusion, Sussman was CFO and COO of GameTrust which was acquired by Real Networks in 2007. He currently serves as Board Advisor to technology ventures, including Adamant Technologies and Klick Push, and is a Partner at UpVentures, a New York real estate and investment firm.

Milestone Apartments REIT (TSX: MST.UN) announced the appointment of Ryan Newberry as Chief Financial Officer, effective August 15, 2013. Mr. Newberry will succeed outgoing CFO, Chris Phillips, who will remain with Milestone until September 30, 2013, to ensure a seamless transition. Mr. Newberry was formerly Assistant Vice President, Finance, at The Republic Group.

Navarre Corp. (NASDAQ: NAVR) has appointed Terry J. Tuttle as chief financial officer. Terry joins Navarre after serving as a partner in the accounting firm of Weston & Tuttle. He previously served as COO Troll Communications. Prior to Troll, Tuttle served as CFO Bell Sports. He has also served in various senior financial positions for two NYSE companies, as well as CFO of McMullen Argus Publishing (a division of PRIMEDIA) and vice president of finance for The Petersen Companies. Tuttle will succeed Diane Lapp, who is resigning due to the upcoming relocation of Navarre’s corporate headquarters from Minneapolis to Dallas.

Applied Micro Circuits Corporation (NASDAQ: AMCC) announced the retirement of Robert G. Gargus, Chief Financial Officer. Shiva Natarajan, Chief Accounting Officer and Controller, will serve as Interim CFO. Gargus has served as AppliedMicro’s Chief Financial Officer for the last 8 years.

Hinshaw & Culbertson LLP announced that Robert P. Johnson has joined the firm as its Chief Financial Officer (CFO). Mr. Johnson comes to Hinshaw from the law firm of Locke Lord LLP, where he was CFO since 2008. Prior to his time with Locke Lord, Mr. Johnson held various senior level controller roles with Accenture, in Chicago, from 1997 – 2008. Before that, he was International Controller with Liquid Carbonic Industries Corp. from 1991 – 1997, and a Tax Senior Manager with Price Waterhouse from 1984 – 1991.

Novavax, Inc. (NASDAQ: NVAX) announced the appointment of Barclay A. “Buck” Phillips to the position of Senior Vice President and Chief Financial Officer. Prior to joining Novavax, Mr. Phillips was Senior Vice President and Chief Financial Officer of Micromet, Inc. which was acquired by Amgen in 2012. Previously, he was Managing Director of Vector Fund Management and a Biotechnology Analyst and Director of Venture Investments at Invesco Funds Group, Inc.

ProPhotonix Limited (OTC:STKR) announced that Philip Feeley, Corporate Controller, has been appointed acting Chief Financial Officer. Prior to that, Mr. Feeley was controller for GE, General Eastern Instruments from 1994 – 2004.

Cogniance announced Marty McFarland as Chief Financial Officer. Before joining Cogniance, Marty was CFO for three years of PacketMotion. Prior to that Marty served for three years as CFO of Kasenna, and before that, he was Corporate Controller of Harmonic. He also served as CFO of CAD Solutions, and held financial management positions at Phoenix Technologies, Western Digital and National Semiconductor. Jeff Vancura

Imtra announced the hire of Jeff Vancura to be the company’s next Chief Financial Officer (CFO). Mr. Vancura has held similar roles for Double E Company, TPI Composites and Mettler-Toledo Thornton. Mr. Vancura was selected following an extensive search after Ned Rogerson, Imtra’s CFO for over twenty-three years, announced he would retire.

Gordon Silver, LLC announced that Andrew S. Zimmerman has joined the firm as Chief Financial Officer, and will be located in Las Vegas. Prior to joining the firm, Zimmerman was the Chief Financial Officer and minority shareholder of Mission Industries. Zimmerman also served as the CFO of Palace Casinos in Biloxi, Mississippi and Galaxy Gaming, Inc.

Ingram Content Group announced that Brian Dauphin, Senior Vice President of Ingram’s Lightning Source Inc., will become the company’s Chief Financial Officer on July 1. Mr. Dauphin will succeed Frank A. Kerrigan, who has served as Ingram’s CFO since 1996. Mr. Kerrigan has announced his intent to retire next year. Effective July 1, he will become Senior Vice President, for a transition period. Mr. Dauphin is currently the Senior Vice President of Ingram’s Lightning Source Inc. Mr. Dauphin joined Ingram in 1999 as Controller for Lightning Source. He was appointed Vice President and Controller of Lightning Source in 2003, Senior Vice President for Finance in 2004, and Senior VP Finance for Ingram Content Group in 2012. Before joining Ingram, Mr. Dauphin was the co-founder and CFO of Carelink Health Partners.

Leedo Cabinetry announced that Howard Maymon has joined Leedo as Chief Financial Officer (CFO). Howard was most recently CFO and interim CEO of ACProducts, Inc. (dba Armstrong Cabinets Products). Former CFO, Jonathan Risch, has assumed the newly created role of Chief Commercial Officer (CCO).

Neebo, Inc. (OTC: NEEB), beneficial owner of Nebraska Book Company, Inc., announced that its Chief Financial Officer, Alexi Wellman, is no longer with the Company. The Company expects to fill the CFO role within the next 30 days.Joseph Kuhn

Cross Match Technologies, Inc. announced today that Joseph Kuhn has joined the company as chief financial officer. Mr. Kuhn joins Cross Match from IntelliDyne, LLC, where he was executive vice president and chief financial officer. Previously he served as CFO at several leading venture- or private equity-backed businesses, including NextPoint Networks, and Mobile 365, Inc., and at publicly-held OPNET Technologies, Inc.

Image Sensing Systems, Inc. (NASDAQ: ISNS) announced that it has named Dale E. Parker as its Chief Operating Officer, Chief Financial Officer and Treasurer. Parker will continue to serve on the Image Sensing Systems board. Parker replaces Gregory R. L. Smith, who has resigned his position with Image Sensing Systems. Parker has served on the board of directors of HickoryTech Corporation, since 2006, and has chaired that corporation’s board since January 2011. He served as interim chief financial officer of Ener1, Inc., from 2011 until 2012. Previously he served in numerous chief financial officer and vice president roles for manufacturing companies.

Respect Your Universe, Inc. announced that it has appointed James R. Nowodworski as its Chief Financial Officer of RYU, effective July 23, 2013. Mr. Nowodworski was Chief Financial Officer of Lucy Activewear, Inc. Mr. Nowodworski will replace Aaron Loreth, who resigned as Chief Financial Officer.

Westell Technologies, Inc. (NASDAQ: WSTL) announced the appointment of Tom Minichiello as the company’s new Senior Vice President and Chief Financial Officer. Mr. Minichiello most recently served as acting Chief Financial Officer for Tellabs. Since joining Tellabs in 2001, he also held the roles of Vice President of Finance and Chief Accounting Officer, interim Chief Financial Officer, Vice President of Financial Operations, Vice President of Finance for North America, Director of Finance for all of Tellabs’ product divisions, and Controller for the optical networking group. Prior to joining Tellabs, Minichiello served in various financial leadership roles at Andrew Corporation. He also held a variety of financial management positions at Phelps Dodge Corporation and United Technologies. Minichiello began his career in the finance organization at Sterling Drug.

Tellabs (NASDAQ: TLAB) announced that Tom Minichiello, acting chief financial officer, is resigning from Tellabs effective July 12, to become chief financial officer at Westell. Minichiello had served as Tellabs’ acting CFO since May. He joined Tellabs in 2001. Tellabs’ external search for a new chief financial officer is under way.

Fibrocell Science, Inc. (NYSE: FCSC) announced that Declan Daly, Chief Operating Officer and Chief Financial Officer, will resign to reside in Ireland full time. Fibrocell has initiated an executive search to replace Daly with a Chief Financial Officer who will be based in Fibrocell’s Exton, PA facility. Daly will remain with the Company through November 2013 to assure a smooth transition to a successor.

Flux Power® Holdings, Inc. (OTC: FLUX) announced that Chris Anthony has tendered his resignation as Chief Executive Officer and President. Flux Power’s CFO, Ron Dutt, has been named interim Chief Executive Officer.

Directravel Holdings Inc. has hired John Coffman as Chief Financial Officer. Coffman was previously with Carlson Wagonlit Travel where, in his role of Vice President of Global Mergers and Acquisitions, he was responsible in part for the successful integration of TQ3Navigant, where he was Chief Accounting Officer

Tengasco, Inc. (NYSE: TGC) announced that Michael J. Rugen, the Company’s Chief Financial Officer, has been appointed to act Chief Executive Officer on an interim basis until such time as a new Chief Executive Officer may be named.

CFO Moves – week ending June 21, 2013

CFO Moves this week include:

American Express Company McKesson Corporation James Hardie
Skullcandy, Inc. Savient Pharmaceuticals, Inc. TriZetto Corporation
FieldPoint Petroleum Corporation INTTRA Clinical Research Advantage, Inc.
Altamira Technologies Corporation EPIRUS Biopharmaceuticals, Inc. Convergent Revenue Cycle Management, Inc.
SOASTA®, Inc. Galectin Therapeutics Redfin
Axcelis Technologies, Inc. Tribune Company The J. Craig Venter Institute
F & M Bank Corp. Northrop Grumman Corporation Citizens Property Insurance
SandRidge Energy, Inc. Quantum Foods, LLC Oiltanking Partners, L.P.
Graphcom, 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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American Express Company (NYSE: AXP) announced the appointment of Jeffrey C. Campbell as executive vice president and chief financial officer. Mr. Campbell will succeed Daniel T. Henry who as previously announced, will retire later this year after a distinguished 23-year career with American Express. Mr. Campbell will join American Express next month as executive vice president, Finance. He will assume CFO duties in early August after the company completes its financial filings for the second quarter. Mr. Campbell joins American Express from McKesson Corporation, where he was executive vice president and chief financial officer. Mr. Campbell joined McKesson as CFO in 2003. Before joining McKesson, Mr. Campbell served as chief financial officer of AMR Corporation and its subsidiary, American Airlines. He joined AMR in 1990 and progressed through a range of senior management roles, including head of European operations based in London for several years. He was named CFO in 2002. He is a member of the board of directors of Hexcel Corporation and the San Francisco Chamber of Commerce.

McKesson Corporation (NYSE: MCK) announced that Jeffrey C. Campbell, executive vice president and chief financial officer, will leave the company at the end of June to become the chief financial officer of American Express Company. Campbell has served McKesson as CFO since 2003. Until Campbell’s permanent replacement has been named, Nigel A. Rees, vice president and controller, will assume the role of interim chief financial officer. A 12-year McKesson veteran, Rees previously served as senior vice president of finance at Adecco, SA. He also has held senior finance leadership roles with Tandem Computers, Inc., International Microcomputer Software, Inc., and Challenge Dairy Products, Inc.

James Hardie Industries plc announced that its Chief Financial Officer (CFO), Russell Chenu, has indicated his intention to retire from executive duties in 2013. Mr. Chenu joined James Hardie as Interim Chief Financial Officer in October 2004 and was appointed CFO in February 2005. The company also announced today the appointment of Matthew Marsh as the company’s new CFO who will be based out of Chicago. Matthew will commence his new role from 24 June, 2013. After a 16-year career at General Electric Company (GE), Matthew was most recently as CFO of GE Healthcare’s IT business. Matthew’s prior roles include appointments as CFO for GE’s US Healthcare Systems and U.S. Diagnostic Imaging businesses. Prior to those appointments Matthew travelled globally with the GE Audit Staff gaining experience in several industries and geographies, and graduated from GE’s Financial Management Program (FMP).

Skullcandy, Inc. (NASDAQ: SKUL) announced the commencement of a search for a new Chief Financial Officer following Kyle Wescoat’s decision to resign in order to pursue opportunities closer to his home in Southern California. Mr. Wescoat will remain with the Company through approximately September 2013 while it searches for his successor.

Savient Pharmaceuticals, Inc. (NASDAQ: SVNT) announced that it has formed an Office of the President, including John P. Hamill, who will serve as Co-President and Chief Financial Officer.  Savient also announced that Louis Ferrari, President, Chief Executive Officer, and Director, is leaving the Company to pursue other interests, and the Office of the President will succeed Mr. Ferrari in his executive role.

TriZetto Corporation announced the appointment of Douglas E. Barnett as Chief Financial Officer (“CFO”). Mr. Barnett joins TriZetto from AlixPartners LLP where he was Managing Director, Chief Administrative Officer and CFO. Prior to joining AlixPartners in 2007, he was Senior Vice President and CFO at UGS Corporation. Mr. Barnett also previously served as CFO of Colfax Corporation and Giddings & Lewis, Inc. Prior to that he held finance roles at First Boston Corporation, Van Kampen Merritt, Inc., and Price Waterhouse.

FieldPoint Petroleum Corporation (NYSE: FPP) announced that its Board of Directors has appointed Philip H. Roberson to serve as COO/CFO. Prior to joining FieldPoint, Mr. Roberson was a founder of AEG Operating LLC. Previously, he served as a Director of Energy Investment Banking with Tejas Securities, Inc. Until it was acquired by Tejas Securities, Mr. Roberson was an Equity Analyst with Arabella Securities, LLC.

INTTRA appointed Gary Ito as Chief Financial Officer. Mr. Ito began his career at Nortel, where for 18 years he held a variety of finance and general management positions in both North America and Asia. In 2004, he joined Quadrem as CFO, which resulted in Quadrem’s successful sale to Ariba in 2010. Following the sale, Mr. Ito remained at Ariba serving as the Customer Management Organization division’s CFO and head of operations.

Clinical Research Advantage, Inc. announced the addition of Craig J. Smith as the company’s Chief Financial Officer. Smith was most recently as the Chief Financial Officer of EmpowHER. Smith replaces former CFO Jim Vesely, who was promoted to Executive Vice President of Contracting.

Altamira Technologies Corporation, the result of a merger between Near Infinity Corporation and Invertix Corporation, announced that Bryan Judd will be the CFO at the merged entity. Mr. Judd assumed the role of Chief Financial Officer of Invertix in 2006. He also serves as Secretary and Treasurer of the Altamira Board.

EPIRUS Biopharmaceuticals, Inc. announced the appointment of Thomas Shea as Chief Financial Officer (CFO). Most recently, he served as CFO and Treasurer of Euthymics Bioscience, Neurovance Inc, and EBI Life Sciences, three privately held, affiliated companies. Previously, he spent 6 years as CFO of Tolerx, Inc. He also served as CFO of Cubist Pharmaceuticals, Inc., and in a variety of senior finance roles at ImmuLogic Pharmaceutical Corp.

Convergent Revenue Cycle Management, Inc. announced John Frenzel as Chief Financial Officer. Frenzel joins Convergent as CFO from Conifer Health Solutions.

SOASTA®, Inc. announced Bryan LeBlanc has joined the SOASTA board of directors and will also serve as chair of the audit committee. LeBlanc, SOASTA’s first independent board member, currently holds the position of chief Financial officer (CFO) of Jive Software, Inc. Previously he was a key member of Mercury Interactive’s executive team, leading to the acquisition by Hewlett-Packard.

Galectin Therapeutics (NASDAQ: GALT) announced the appointment of Jack W. Callicutt to the position of Chief Financial Officer, effective July 1, 2013. Jack replaces Thomas McGauley who was acting CFO for the past 14 months. Mr. Callicutt was most recently CFO for REACH Health, Inc. Previous positions include CFO of Vystar Corporation. Previous experiences also include CFO roles at private companies including IVOX and Tikvah Therapeutics, and at Coratus Genetics. Chris Nielsen

Redfin announced that Chris Nielsen has joined the company as chief financial officer. Most recently, Chris was the chief financial officer and chief operating officer of Zappos.com. He started at Amazon.com in 2003, where he led highly successful retail business segments such as the home and garden store. Prior to Amazon, he worked at business consulting firms Bain & Co. and Accenture.

Axcelis Technologies, Inc. (NASDAQ: ACLS) announced that CFO Jay Zager will be retiring from the company at the end of August, 2013. Effective July 1, 2013 Kevin Brewer will become executive vice president and interim chief financial officer, continuing his role as executive vice president, global operations. Zager will retain the title of executive vice president, finance until his retirement to facilitate a transition as the company conducts an external search for a chief financial officer. Brewer joined Axcelis in 1999, initially as director of operations, becoming a vice president in 2002.  Prior to joining Axcelis, Brewer was director of operations, Business Jets, at Raytheon Aircraft Company.  He also held various management positions in operations and strategic planning in Raytheon Company’s Electronic Systems and Missile Systems groups.  Steven Berns

Tribune Company announced the appointment of Steven Berns as its Executive Vice President/Chief Financial Officer.  He joins the company from Revlon, Inc. where he served in a similar capacity beginning in May 2009.  Tribune also announced that Chandler Bigelow, who has served as the company’s CFO since 2008, has been appointed to the newly-created position of Executive Vice President/Chief Business Strategies and Operations Officer.  Prior to serving as CFO at Revlon, Berns held a variety of executive finance positions, serving as Chief Financial Officer at Tradeweb, LLC, and at MDC Partners, where he was also President and Chief Financial Officer.  From August 1999 to September 2004, Berns was SVP/Treasurer for The Interpublic Group of Companies, Inc.

The J. Craig Venter Institute announced that Harold “Hal” Davies has joined the organization as Chief Financial Officer. For the past 8 years he was the Chief Financial Officer at the Donald Danforth Plant Science Center. Prior to this he was Corporate Controller for Alper Ink Group LLC.  He also worked as the Director of Financial Planning and Analysis at Huttig Building Products from 1988 to 1998.

F & M Bank Corp. (OTC: FMBM), parent company of Farmers & Merchants Bank (“F & M Bank”), announced that Carrie Comer was promoted to Senior Vice President and Chief Financial Officer. Nimish Doshi

Northrop Grumman Corporation (NYSE: NOC) has appointed Nimish Doshi, vice president, business management and chief financial officer for the company’s Technical Services sector, effective July 29.  Doshi replaces Dave Harvey, who has announced his intention to retire after 33 years of service. Doshi most recently served as vice president, business management for the Integrated Logistics and Modernization division. He joined Northrop Grumman in 1997 and has held a number of increasingly responsible leadership positions in business management. Prior to joining Northrop Grumman, he worked for Computer Sciences Corporation.

Citizens Property Insurance Corporation announced that its Chief Financial Officer, Sharon Binnun, has accepted a position in the private sector and will resign her post effective July 5. Binnun was a former insurance regulator who became Citizens CFO in 2007.

SandRidge Energy, Inc. (NYSE: SD) announced that it has promoted James Bennett to CEO and president from his role as President & CFO. Bennett has served as chief financial officer of SandRidge since January 2011 and was promoted to president in March 2013. Prior to joining SandRidge he was managing director for White Deer Energy. From 2006 to December 2009, Bennett was employed by GSO Capital Partners. His prior experience also includes serving as chief financial officer of Aquilex Services Corp. and as an investment banker in the energy group of Donaldson, Lufkin & Jenrette (now Credit Suisse). He started his career at NationsBank. He has served on the board of directors of the general partner of Cheniere Energy Partners L.P. and PostRock Energy Corporation.

Quantum Foods, LLC announced that it has Herman Brons as Chief Financial Officer. Brons held increasing levels of responsibility in his 17 years with CSM, including CFO of significant operating divisions in the United States. Prior to CSM, Brons worked for eight years as an auditor at KPMG in New York and the Netherlands.

Oiltanking Partners, L.P. (NYSE: OILT) announced the appointment of Jonathan Z. Ackerman as Vice President and Chief Financial Officer (“CFO”), effective July 1, 2013.  Kenneth F. Owen, the Partnership’s current CFO, has been named Terminal Manager of the Partnership’s expanding Houston complex and will be responsible for managing the profit center.  Mr. Ackerman previously was with UBS Investment Bank, where he was most recently Managing Director, Mergers & Acquisitions and Co-Head, Strategic Solutions Group.  Prior to joining UBS in 2006, Mr. Ackerman served as Senior Counsel to President George W. Bush’s Advisory Panel on Federal Tax Reform. Prior to that, Mr. Ackerman was an adviser in the US Treasury Department’s Office of Tax Policy.

Graphcom, Inc. has announced that David Campbell has joined the company as Chief Financial Officer. David Campbell comes to Graphcom with more than 10 years of experience in banking as a marketing manager at Susquehanna Bank, commercial relationship manager at Tower Bank, and relationship manager at F&M Trust.

CFO Moves – week ending June 14, 2013

CFO Moves this week include:

GE AMR Corporation News Corporation
Diamond Foods, Inc. SunPower Corporation Lincor Solutions
Heartland Financial USA, Inc. DriveCam, Inc. Meru Networks, Inc.
Health Solutions Actian Corporation Lavastorm Analytics
Conductor Nautilus, Inc. Cerecor Inc.
PAREXEL International Corporation Interline Brands, Inc. Simon Worldwide, Inc.
AL International, Inc. VirtualScopics, Inc. Uranium Resources, Inc.
Snagajob RF Industries, Ltd. Anthera Pharmaceuticals, Inc.
Uroplasty, 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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GE (NYSE: GE) announced the appointment of Keith Sherin as chairman and CEO of GE Capital, succeeding Mike Neal, who is retiring. It was also announced that GE Capital CFO Jeff Bornstein will succeed Sherin as CFO of GE. The appointments are effective July 1, 2013. Sherin has been GE’s CFO for 14 years, and a vice chairman since 2007. Sherin has been senior vice president and GE’s CFO since 1998. He joined GE in 1981 through the GE Financial Management Program and has held senior financial positions in GE businesses including Aviation, Plastics and Medical Systems. Jeff Bornstein is currently a senior vice president and CFO of GE Capital, a role he has held since 2008. He joined GE in 1989 through the GE Financial Management Program and has held senior financial positions in Aviation, Plastics, and Commercial Finance.

AMR Corporation (OTCQB: AAMRQ), the parent company of American Airlines, Inc., and US Airways Group, Inc. (NYSE: LCC) announced that Derek Kerr will be appointed Chief Financial Officer of the new American Airlines after the closing of the companies’ expected merger. Kerr will join the new American from US Airways.John Nallen

News Corporation (NASDAQ: NWS, NWSA) announced that its veteran Chief Financial Officer David DeVoe will retire at the end of this fiscal year. Mr. DeVoe will maintain his seat on the Company’s Board of Directors, on which he has served since 1990, and remain a senior advisor to the Company. John Nallen has been appointed Senior Executive Vice President and Chief Financial Officer of the Company, which will be re-named 21st Century Fox and hold News Corporation’s media and entertainment businesses following its separation on June 28 into two independent, publicly traded companies. Mr. Nallen’s appointment is effective July 1, 2013. Mr. Nallen has served as Deputy Chief Financial Officer and an Executive Vice President of News Corporation since 2001, having joined the company in 1995. Mr. Nallen joined News Corporation in 1995 after 16 years at Arthur Andersen, where he became a CPA and a partner leading its Media Industry Practice.

Diamond Foods, Inc. (NASDAQ: DMND) announced the appointment of Raymond P. Silcock as Executive Vice President and Chief Financial Officer. Mr. Silcock replaces Michael Murphy, who has served as Interim Chief Financial Officer since February 8, 2012. Mr. Silcock was most recently Chief Financial Officer of the Great Atlantic & Pacific Tea Company. Prior to holding that position, Mr. Silcock served as the Chief Financial Officer of several publicly and privately-held companies in the food and beverage industry, including UST Inc., Swift & Company and Delimex Holdings. Mr. Silcock was also Chief Financial Officer of Cott Corporation for seven years. Mr. Silcock is a member of the Board of Directors of Pinnacle Foods Corporation.

SunPower Corporation appointed Catherine Lesjak as a member of the Board. Ms. Lesjak has served as executive vice president and chief financial officer of Hewlett Packard Company (“HP”) since January 1, 2007. Ms. Lesjak served as interim chief executive officer of HP from August 2010 through October 2010.

Lincor Solutions announced that Robert Brown has been appointed Chief Financial Officer. Prior to joining Lincor, Bob most recently served as CFO for Clinically Home, LLC. Previously, he was as CFO for Sequoia Healthcare, Inc. He was also CFO, Treasurer and Secretary Bob of Passport Health Communications and Vice-President and Controller of Therapeutic Antibodies.

Heartland Financial USA, Inc. (NASDAQ: HTLF) announced that John K. Schmidt, the company’s executive vice president, chief financial officer and chief operating officer will leave the company in July 2013. Schmidt, 54, will join A.Y. McDonald Industries, Inc. as chief financial officer. Schmidt has served Heartland for 28 years, with 22 years as CFO and five years in the dual role of president of Dubuque Bank and Trust and CFO of Heartland. He will continue to serve as a member of the Dubuque Bank and Trust and Heartland boards of directors. Senior Vice President David L. Horstmann, an 8-year Heartland employee and member of the company’s Finance team will assume the role of interim CFO. Paul Pucino

DriveCam, Inc. announced the appointment of Paul J. Pucino as executive vice president and chief financial officer. Mr. Pucino was previously the executive vice president and CFO of THQ Inc. Previously, he served as the EVP and CFO of Classmates Media Corporation. From 2005 to 2007, Mr. Pucino was CFO at Digital Insight. He also held progressively responsible finance positions at Galileo International, Tekelec, and Dean Witter, Discover & Co. William Ruff, who has served as DriveCam’s CFO since 2009, will take on new responsibilities at the company as he transitions to the role of senior vice president, Finance.

Meru Networks, Inc. (NASDAQ: MERU) announced that its board of directors has appointed Brian R. McDonald, as Chief Financial Officer. Mr. McDonald has served as CFO in a number of rapidly growing Silicon Valley technology companies, including both publicly traded and private companies, such as eASIC, Inc., Advanced Analogic Technologies, Monolithic Power Systems and Elantec Semiconductor, Inc.   Mr. McDonald succeeds Brett White, who has resigned his position as CFO.Caroline Worrall

Health Solutions announced that Caroline Worrall has been hired as its new Chief Financial Officer (CFO).  Prior to joining Health Solutions, Ms. Worrall spent seven years working with MEDVAL, first as a consultant, then as the CFO and COO. Previously, she held CFO positions at BreakAway, Ltd., and Reactive NanoTechnologies.

Actian Corporation announced that it has appointed Steven Springsteel as its Chief Financial Officer (CFO). Most recently, Springsteel served as CFO and Chief Operating Officer for Liquid Robotics, Inc. Prior to that he was CFO for MarkLogic, maker of an enterprise NoSQL database, and he has also served as Entrepreneur-in-Residence for U.S. Venture Partners. Springsteel also held president and CEO positions at software firms including Chordiant Software, Verity and Sagent Technology.

Lavastorm Analytics announced it has named Lacey Brandt its new chief financial officer. Prior to joining Lavastorm, she was CFO of JumpTap. Before JumpTap, she served as CFO of Spotfire, and she was CFO of eXcelon.

Conductor announced the appointment of Jim Caci as Chief Financial Officer (CFO). Most recently as the CFO of AvePoint.

Nautilus, Inc. (NYSE: NLS) reported that Linda Pearce, Chief Financial Officer, has resigned to pursue other interests. Ms. Pearce’s resignation is effective July 2, 2013. Ms. Pearce, a resident of Oregon who has been employed at Nautilus since August 2012, will assume the position of Chief Financial Officer for Tillamook County Creamery Association, a large dairy cooperative located in Tillamook, Oregon.

Cerecor Inc. announced the appointment of Federica F. O’Brien as Chief Financial Officer. Ms. O’Brien joins Cerecor from Cervilenz Inc, where she was Chief Financial Officer and Chief Operating Officer. Previously, Ms. O’Brien was Chief Financial Officer of privately-held Cardiokine Inc.. During 2004, Ms. O’Brien was integral to the IPO at Barrier Therapeutics, where she served as Controller. Earlier in her career, she was Chief Financial Officer of Infonautics, Inc, and began her career in public accounting, most recently at Coopers & Lybrand (PWC).

PAREXEL International Corporation (NASDAQ: PRXL) announced that Ingo Bank has been appointed Senior Vice President and will become Chief Financial Officer on September 1, after fiscal year-end audited financial statements are filed.  He joins PAREXEL on July 8 from Royal Philips, where he served as Chief Financial Officer and Executive Vice President of Philips Healthcare.  Mr. Bank will be based at the Company’s corporate headquarters in Waltham, Massachusetts. Mr. Bank succeeds outgoing CFO James F. Winschel, Jr., who will remain at PAREXEL as Senior Vice President and Chief Financial Officer until September 1, after which he will serve as Executive Vice President until he retires in 2014.  Before joining PAREXEL International, Mr. Bank spent 18 years with Royal Philips, holding numerous senior global finance positions. He was the Chief Audit Executive of Royal Philips, was appointed into CFO roles to build and transform the LCD business for Philips in Japan and China, managed mergers and acquisitions, and served as CFO of the global Philips Lamps business.

Interline Brands, Inc. announced the appointment of John K. Bakewell as the Company’s new Chief Financial Officer. Most recently, Mr. Bakewell served as the Executive Vice President and Chief Financial Officer of RegionalCare Hospital Partners. Previously, Mr. Bakewell held the same position with Wright Medical Group. Mr. Bakewell also served as Chief Financial Officer of Altra Energy Technologies, Cyberonics, Inc. and Zeos International.

Simon Worldwide, Inc. (OTC: SWWI) approved the nomination of Anthony M. Espiritu to serve as Chief Financial Officer of the Company. Mr. Espiritu, 43, has served as Controller of the Company since 2004. The office of Chief Financial Officer was previously held by Greg Mays. Mr. Mays continues to serve as Chief Executive Officer of Simon. Earlier in his career, Mr. Espiritu served as Financial Reporting Manager at Simon and held auditing positions at Deloitte & Touche and Transamerica Corporation.

AL International, Inc. (OTC: YGYI) appointed William Thompson to serve on its board of directors as an independent director. Mr. Thompson was also appointed to the Company’s Audit Committee. Mr. Thompson currently serves as the Chief Financial Officer of Broadcast Company of the Americas. He served as Corporate Controller for the Company from 2011 to 2013 and for Breach Security, a developer of web application firewalls, from 2007 to 2010. Prior to 2007, Mr. Thompson as Divisional Controller for Mediaspan Group and Chief Financial Officer of Triathlon Broadcasting Company.

VirtualScopics, Inc. (NASDAQ:  VSCP) announced that Molly Henderson, its Chief Business and Financial Officer, Sr. Vice President notified the company of her intention to resign from the company effective August 31st, 2013 due to the relocation of her family to Europe.  Ms. Henderson will continue in her current role until August 31, 2013.

Uranium Resources, Inc. (NASDAQ: URRE) announced that Jeffrey L. Vigil was appointed Vice President and Chief Financial Officer. Mr. Vigil, who most recently was Senior Vice President and Chief Accounting Officer at Energy Fuels Inc., succeeds Thomas H. Ehrlich, who resigned to pursue other interests. During his tenure at Energy Fuels, Mr. Vigil held various financial positions including CFO between 2009 and 2012. From 1996 to 2007, Mr. Vigil served as CFO for Koala Corporation.

Snagajob announced that Keith Haas has joined the company, succeeding Dave Bosher as Snagajob’s next chief financial officer. Haas most recently served as the vice president of finance for GeoEye. Prior to GeoEye, Haas served as a key financial leader for K12. Bosher is leaving to focus on helping other early-stage companies.

RF Industries, Ltd. appointed Mark Turfler as the Company’s new Acting Chief Financial Officer and Corporate Secretary. Howard Hill, the Company’s Chief Executive Officer who acted as the Company’s interim Chief Financial Officer and Corporate Secretary pending the appointment of a new Chief Financial Officer, resigned as the interim Chief Financial Officer. Mr. Turfler joined the Company in January 2013 as its Controller. Prior to joining the Company, Mr. Turfler worked in senior accounting/finance positions at Ligand Pharmaceuticals, Inc. from 2006 to 2009, at Cylene Pharmaceuticals, Inc. from 2010 to 2011, and as an independent financial/accounting consultant from 2012 until he joined the Company in January 2013.

Anthera Pharmaceuticals, Inc. (NASDAQ: ANTH) announced the appointment of May Liu as its Senior Vice President, Finance and Administration.  Ms. Liu has served as the Company’s Vice President, Finance since January 2011.  Prior to that, she served as Anthera’s Corporate Controller since October 2007.  Ms. Liu joined the Company as Director of Finance in April 2007.  Prior to that, Ms. Liu served as SEC Reporting and Technical Accounting Manager at Renovis, Inc., from October 2005 to March 2007.  Effective June 30th, 2013 Anthera’s Chief Business Officer and Chief Financial Officer, Christopher Lowe will leave the company to pursue entrepreneurial opportunities.

Uroplasty, Inc. (NASDAQ: UPI) announced it has placed Mahedi Jiwani, its Chief Financial Officer, on administrative leave pending completion of the internal control review.

CFO Moves – week ending June 7, 2013

CFO Moves this week include:

John Wiley & Sons, Inc. H.J. Heinz Company State Street Corporation
Commonwealth Financial Network LMI Spectrum Pharmaceuticals
Veracode, Inc. WhitePages Gigya
WindPower Innovations, Inc. M*Modal Fruition Partners
Working Solutions Numerex Corp Infusionsoft
QVC Unwired Planet Scholarship America, Inc.
Phillips Edison–ARC Shopping Center REIT Inc. DST Systems, Inc. PTC Therapeutics, Inc.
UniTek Global Services, Inc. CBS Corporation QlikTech
GulfMark Offshore, Inc. Eagle Materials Inc. Salinas Valley Memorial Healthcare System
San Francisco State University Core Molding Technologies, Inc. PATH
Carlile Transportation Systems, Inc. Brightway Insurance The Austin Diagnostic Clinic
MeetMe, Inc. Intermolecular, Inc. Lenco Mobile Inc.
Compuware Corporation

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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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John Wiley & Sons, Inc. (NYSE: JWa, JWb) named John Kritzmacher, former CFO of Lucent Technologies and Global Crossing, as Executive Vice President and Chief Financial Officer, effective July 1, 2013. As previously announced, Ellis Cousens, Wiley’s current CFO and Chief Operations Officer, will retire at the end of fiscal year 2014. In his prior CFO positions, Mr. Kritzmacher played an integral role in Lucent’s restructuring and 2006 merger with Alcatel. Following the Alcatel-Lucent merger, he was named Chief Operating Officer of the $5 billion Alcatel-Lucent services division, before joining Global Crossing as Chief Financial Officer. Prior to the Alcatel-Lucent merger, he spent over twenty years in various operating, marketing, and finance roles with AT&T and Lucent, including Senior Vice President and Corporate Controller of Lucent from 2001 to 2006. He recently served as Senior Vice President, Business Operations and Organization Planning, at WebMD.

H.J. Heinz Company announced that Paulo Basilio has become Chief Financial Officer of Heinz, effective immediately. Mr. Basilio is a partner at 3G Capital. Previously, he served as CEO of America Latina Logistica (ALL) from 2010 to September 2012, after having served as ALL’s COO, CFO, Commercial Officer and Analyst. Michael Bell

State Street Corporation (NYSE: STT) announced that it has named Michael W. Bell as executive vice president and member of its Management Committee. Bell will assume the role of chief financial officer in August, following the planned retirement of Edward J. Resch (previously announced in November 2012) who has served in the role for eleven years. Bell most recently served as chief financial officer of Manulife Financial Corporation. Prior to Manulife, Bell held senior executive roles spanning a 24-year career at Cigna Corporation including seven years as chief financial officer of the corporation and two years as president of Cigna Group Insurance.

Commonwealth Financial Network announced that Managing Principal, Chief Financial Officer Rich Hunter has been appointed to President and Chief Operating Officer. Lori Becker

LMI named Lori L. Becker as its new Chief Financial Officer. Becker arrives in the role following the announced retirement of Anthony Provenzano, who served as LMI’s CFO for the past 24 years. Becker comes to LMI from Akima, LLC, where she was Vice President, Corporate Controller. Prior to her work with Akima, she performed the same duties with Vangent, Inc., and served as CFO for Deltek Systems, Inc., where she was a finalist for the Northern Virginia Technology Council’s “CFO of the Year” award.

Spectrum Pharmaceuticals (NASDAQ: SPPI) announced the appointment of Kurt Gustafson as the Company’s Executive Vice President, Chief Financial Officer, and Principal Accounting Officer. Spectrum also announced today that Brett Scott, who formerly held the positions of Senior Vice President and Acting Chief Financial Officer and served as the Company’s Principal Accounting Officer, transitioned to the new role of Senior Vice President of Finance and will report directly to Mr. Gustafson. Prior to joining Spectrum, Mr. Gustafson served as Vice President and Chief Financial Officer at Halozyme Therapeutics, Inc. Before Halozyme, Mr. Gustafson worked at Amgen for over 18 years most recently as Vice President, Finance. During his tenure at Amgen, Mr. Gustafson also served as CFO of Amgen International and resided in Zug, Switzerland.

Veracode, Inc. announced that Ed Goldfinger has been appointed CFO. Most recently Goldfinger was the CFO for Boston-based Zipcar. Prior to Zipcar, Goldfinger was the CFO at Spotfire. Prior to Spotfire, he was at Empirix, where Mr. Goldfinger was CFO and then CEO.

WhitePages announced that Jason Eglit has joined its executive team as chief financial officer. Jason most recently served as principal at Bayside (H.I.G.) Capital. Prior to H.I.G., Jason served as senior vice president of finance and operations at AdvancePath Academics, of which he was also co-founder. Jason began his career at Bain & Company.

Gigya announced that it has hired Paul Farmer as Chief Financial Officer. Prior to joining Gigya, Farmer was CFO for Silver Tail Systems, which was acquired by EMC/RSA, and CFO for Narus, Inc., which was acquired by The Boeing Company.

WindPower Innovations, Inc. (PINK: WPNV) announced it has appointed Kelly J. Anderson, as its Chief Financial Officer effective June 29, 2013. Concurrent with her appointment as WindPower Innovation’s Chief Financial Officer Ms. Anderson is also serving since 2012 as the Corporate Controller of Fisker Automotive, Inc., and served on the Board of Directors, Audit Committee Chair, and on the Compensation Committee of the Psychic Friends Network, Inc. from 2012 through May 2013. Prior to joining Fisker Automotive, Ms. Anderson served from 2008 to 2012, first as Executive Vice President, then Chief Financial Officer and finally as President of T3 Motion, Inc. Ms. Anderson also has experience as a financial executive with larger companies such as Experian, and as Chief Accounting officer of Triple Net Properties where she was an officer of such publicly traded entities as G REIT, Inc., NNN 2002 Value Fund, and NNN 2003 Value Fund.

M*Modal announced that Ron Scarboro, Chief Financial Officer, is appointed Chief Operating Officer of M*Modal. He replaces Amy Amick, who has decided to leave the company. David Woodworth, currently Vice President, Finance, will assume the role of Acting CFO.

Fruition Partners announced the appointment of Dave Chandler as Chief Financial Officer (CFO). Most recently, Mr. Chandler was responsible for finance, legal and operational functions as Senior Vice President of Finance and Operations at Razorfish. Prior to Razorfish, Mr. Chandler was corporate controller and head of financial planning and analysis at Diamond Management and Technology Consultants. He began his career with Andersen Consulting and the investment bank Smith Barney Shearson.

Working Solutions said it has named Thomas Kim chief financial officer. Tom joins Working Solutions from Dallas-based MHT Partners. Prior to becoming a principal at MHT, Tom served as a management consultant with the Boston Consulting Group and as an investment banker with Citigroup IBD.

Numerex Corp. (NASDAQ: NMRX) announced that Alan Catherall, Chief Financial Officer (CFO) for over 10 years, will assume responsibilities of Executive Vice-President of Corporate Development. The company also announced that Richard (Rick) Flynt has been appointed as CFO. Rick joins Numerex most recently from Immucor Inc. where he served as its CFO. He joined Immucor in December 2007. Prior to Immucor, Rick held positions of increasing responsibility in financial leadership at Exide Technologies, GTS Energy and Per-Se Technologies.

Infusionsoft announced the addition of Brent Stumme as the company’s chief financial officer. Stumme previously served as CFO of LoopNet. Prior to that, he spent time as the vice president corporate controller for CalMat. Stumme also oversaw the accounting processes for the international operations of the Disney Consumer Products Division, and had managed financial planning and accounting functions for a division of Coca-Cola Enterprises.

QVC announced the appointment of Ted Jastrzebski to the position of Chief Financial Officer.  Most recently he served as Senior Vice President and President of Hershey Americas. Jastrzebski started his career and spent 14 years at Procter & Gamble, where he held various financial management positions. He also served as Vice President and CFO at Project HOPE, and Senior Vice President and CFO at CARE. Jastrzebski succeeds Dan O’Connell, a 25-year QVC veteran. QVC announced in August 2012 O’Connell’s plan to retire in Spring 2013. His official retirement date was May 31, 2013.

Unwired Planet, Inc. (NASDAQ: UPIP) announced that Eric Vetter, chief financial officer, will be promoted to president and will also continue in his capacity as chief administrative officer and chief financial officer.

Scholarship America, Inc. announced that Richard S. (Rick) Greene has joined the organization as Chief Financial Officer. Greene was most recently Chief Financial Officer for APR Energy PLC. Prior to his position at APR Energy, Greene held CFO positions at Deluxe Corporation  and TYCO International/Covalence Specialty Materials Corp.

Phillips Edison–ARC Shopping Center REIT Inc. announced that Devin I. Murphy has joined the Company as its Chief Financial Officer, Treasurer and Secretary. Prior to joining Phillips Edison-ARC, Mr. Murphy was Vice Chairman of Investment Banking at Morgan Stanley. In 2004, Mr. Murphy joined Deutsche Bank (DB) Securities, Inc. as Global Head of Real Estate Investment Banking. Prior to rejoining Morgan Stanley in 2009, Mr. Murphy became a Managing Partner of Coventry Real Estate Advisors. Mr. Murphy is an Advisory Director of Hawkeye Partners, a real estate private equity firm headquartered in Austin, Texas, and Trigate Capital, a real estate private equity firm headquartered in Dallas. He is a member of the Urban Land Institute, the Pension Real Estate Association and the National Association of Real Estate Investment Trusts.

DST Systems, Inc. (NYSE: DST) announced that Kenneth V. Hager, Vice President, Chief Financial Officer and Treasurer, plans to retire after 29 years of service to the Company, of which he has served for 25 years as CFO.  Mr. Hager will continue in his current role until a successor is appointed.

PTC Therapeutics, Inc. announced the appointment of Shane Kovacs as Chief Financial Officer. Prior to joining PTC, Mr. Kovacs served as Managing Director, Health Care Investment Banking at Credit Suisse. He joined Credit Suisse in 2004 and held various positions of increasing responsibility. Prior to Credit Suisse, Mr. Kovacs worked in investment banking at National Bank Financial in Toronto.

UniTek Global Services, Inc. (NASDAQ: UNTK) announced the appointment of Andrew J. Herning as the Company’s Chief Financial Officer. Kenneth J. Cichocki, who joined the Company as Interim Chief Financial Officer on April 15, 2013, will assist Mr. Herning as needed in order to ensure an orderly transition. Mr. Herning joins UniTek from AS America, Inc. (American Standard Brands) where he most recently served as interim CFO. Before being named interim CFO in 2012, he held senior-level positions leading the finance function for American Standard’s Fixtures and Chinaware business units, and previously served as the Global Controller of American Standard Companies’ bath and kitchen division. Prior to American Standard, Mr. Herning spent 11 years at KPMG LLP and Arthur Andersen LLP providing audit and advisory services.

CBS Corporation (NYSE: CBS.A and CBS) announced that Joseph Ianniello has been named Chief Operating Officer. Ianniello was named Chief Financial Officer of CBS Corporation in 2009. Before that, he served as Deputy Chief Financial Officer.  Prior to that, Ianniello served as Senior Vice President, Chief Development Officer and Treasurer. Before the separation of CBS and Viacom Inc., Ianniello held several key roles at Viacom, including Senior Vice President and Treasurer (2005) and Vice President of Corporate Development (2000-2005).

QlikTech (NASDAQ: QLIK) announced that Tim MacCarrick will become its Chief Financial Officer (CFO) effective July 1, 2013. MacCarrick’s background includes both chief financial officer and chief operating officer positions at Fortune 1000 companies, including Crane Co. (NYSE: CR), where he was corporate vice president and CFO, and Xerox (NYSE: XRX), where he served in a variety of financial executive positions over a 20-year period, including corporate vice president and vice president finance, Xerox North America; and CFO, Xerox Europe. He most recently served as chief operating officer, global vendor finance for De Lage Landen International B.V., a global financing business with a portfolio of over $30 billion across 35 countries. Bill Sorenson, QlikTech’s current CFO, who in February, 2013 announced his plan to exit the Company, will work with MacCarrick to ensure a smooth transition.

GulfMark Offshore, Inc. (NYSE: GLF) announced that it has appointed James (Jay) M. Mitchell as Executive Vice President and Chief Financial Officer (CFO). Mr. Mitchell replaces Quintin Kneen who, as previously announced, assumed the role of President and Chief Executive Officer (CEO). Mr. Mitchell’s most recent experience was as CEO of the privately held Flex Energy. Previously, Mr. Mitchell worked as Senior Vice President & CFO of T-3 Energy Services.

Eagle Materials Inc.  (NYSE: EXP) announced that it has appointed Martin M. Ellen to its Board of Directors. Mr. Ellen is Chief Financial Officer and Executive Vice President at Dr Pepper Snapple Group, Inc., where he has worked for three years. Prior to his work with Dr Pepper Snapple Group, Mr. Ellen served for almost eight years as the Chief Financial Officer and Senior Vice President – Finance of Snap-on Inc.Augustine Lopez

Salinas Valley Memorial Healthcare System (SVMHS) has named Augustine Lopez as Chief Financial Officer (CFO). Lopez joins SVMHS from Southern California where he was CFO for San Gabriel Valley Medical Center, owned by AHMC Healthcare, Inc.  Lopez has held several CFO positions including: Redlands Community Hospital, Alvarado Hospital Medical Center, West Penn Hospital & Allegheny General Hospital and Greater El Monte Community Hospital. Lopez replaces Robert Dvorak who came out of retirement to serve as interim CFO for two years.

San Francisco State University announced the appointment of Ronald Cortez as Vice President for Administration and Finance and Chief Financial Officer. Cortez currently serves as the associate vice chancellor for administrative services at the University of California, Santa Barbara, a position he has held since 2008. He previously worked for fourteen years for Santa Barbara County, the last three as deputy county executive officer. He will begin his tenure at SF State on July 2, taking over from Nancy Hayes, who in 2011 was appointed to the position on an interim basis after serving as dean of the College of Business for six years.

Core Molding Technologies, Inc. (NYSE: CMT) announced that it has begun efforts to replace its Chief Financial Officer, Herman F. Dick, Jr., who informed the Company of his intention to leave his current position in the next few months in order to join the ministry. Dick joined the Company in 1999 and has been Core’s Chief Financial Officer since 2002.Olivia Polius

PATH announced that Olivia Polius will join its executive team as chief financial officer. Most recently, Ms. Polius served as deputy director, global program services, at the Bill & Melinda Gates Foundation. Prior to this, Ms. Polius worked in numerous senior level financial positions at Attachmate. Prior to her work at Attachmate, Ms. Polius held financial management positions at WRQ Software Europe, Bsquare Corporation, Arthur Andersen, and as an independent financial consultant for start-up companies.

Carlile Transportation Systems, Inc. announced that Terry B. Smith, Chief Financial Officer and Treasurer, informed the Company of his plan to retire.

Brightway Insurance named Robert “Bob” Taylor as the company’s new chief financial officer. Prior to accepting the position at Brightway, Taylor was the president and CFO leader at ExpressTax (a wholly-owned subsidiary of H&R Block) and the CFO of Universal Tax Systems. John Ratcliff

The Austin Diagnostic Clinic (ADC) announced that John Ratcliff has joined the group as Chief Financial Officer. Mr. Ratcliff succeeds Patrick Jupe, who served the clinic for 27 years before his retirement in April 2013. Mr. Ratcliff recently served as chief financial officer of physician services for the Baptist Health System in San Antonio overseeing a group of 130 physicians. His previous experience includes practice management for HeartPlace in Dallas, TX; followed by a position at Seton in Austin, TX; and he served as chief financial officer at Kings Daughters Clinic in Temple, TX for nine years.

MeetMe, Inc. (NYSE: MEET) appointed Jean Clifton to its Board of Directors. Ms. Clifton will serve on the Audit Committee of the Board. Ms. Clifton is the Chief Financial Officer of Dial Global, Inc., a position she has held since June 25, 2012. From July 1986 through June 2006, Ms. Clifton worked for Journal Register Company (JRC) and its predecessor companies, in various capacities in the U.S. and Europe, including President and Chief Operating Officer (2005-06) and Executive Vice President, Chief Financial Officer and Treasurer from 1989 to 2005. After leaving JRC, Ms. Clifton founded Platinum Strategic Partners, a financial and operations consulting firm. Ms. Clifton has held Chief Financial Officer/Chief Accounting Officer positions at Readers’ Digest and three MidOcean Partners portfolio companies.

Intermolecular, Inc. (NASDAQ: IMI) announced that Peter Eidelman, the principal financial and accounting officer, notified the Company that he will resign from his position as the Chief Financial Officer of the Company to pursue other interests. Mr. Eidelman’s resignation will be effective August 2, 2013. In order to facilitate an orderly transition, the Company also announced that Reed Birnbaum, the Company’s Vice President of Finance and Corporate Controller will upon the Effective Date assume the duties of the Company’s principal financial and accounting officer on an interim basis until such time as the Company appoints a new Chief Financial Officer. Mr. Birnbaum was formerly Corporate Controller at Better Place, Inc., BigBand Networks, Inc., and Cellon International and began his career with KPMG LLP.

Lenco Mobile Inc. (OTC: LNCM) announced that Doug Durst was appointed to the position of Chief Financial Officer. Before joining the Company, Mr. Durst was the CFO at Visible Technologies, a partner at Tatum, the CFO/COO at Africa Ten Enterprise, President/CFO at Chase Innovations, and was the Director of Business Performance at Microsoft.

Compuware Corporation (NASDAQ: CPWR) announced that Laura Fournier, the Executive Vice President and Chief Financial Officer, retired from the Company. Joseph Angileri, the Company’s President and Chief Operating Officer, has been appointed by the Board to serve as the Company’s Chief Financial Officer. Mr. Angileri, 55, joined the Company in June 2011 as President and Chief Operating Officer. Prior to joining the Company, Mr. Angileri had more than 26 years of professional experience with Deloitte LLP, including more than 20 years as a partner there, most recently as Managing Partner of the Michigan region.

CFO Moves – week ending May 31, 2013

CFO Moves this week include:

Sterling Construction Company, Inc. HealthEdge Daegis Inc.
SFL Data RLJ Entertainment Inc. Endo Health Solutions Inc.
Kid Brands, Inc. Eating Recovery Center Sienna Labs
Shango URS Corporation Metcam
TuneIn Wabash National Corporation Magnolia River
Innovus Pharmaceuticals, Inc. Oakland Zoo MicroPlanet Technology Corp.
PetroShale Inc. Horizon Technology, LLC Hudson Global, Inc.
O’Donnell Strategic Industrial REIT, Inc. SciClone Pharmaceuticals, Inc. Nephros, Inc.
ZIOPHARM Oncology, Inc. Pizza Inn Holdings, Inc. US Ecology, Inc.
Tilly’s, Inc. Westell Technologies, Inc. Arista 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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Sterling Construction Company, Inc. (NASDAQ: STRL) announced that Executive Vice President, Chief Financial Officer, Chief Accounting Officer, Controller and Treasurer, Elizabeth D. Brumley has resigned to pursue other professional opportunities. Kevan Blair, CFO of Sterling’s Utah-based subsidiary, Ralph L. Wadsworth Construction Company (“RLW”), has been named Chief Financial Officer, Chief Accounting Officer and Treasurer on an interim basis. Before joining RLW in December 2004, Mr. Blair held senior-level finance positions with Daw Technologies, Inc., including CFO of Daw Incorporated. Matt Hughes

HealthEdge announced the appointment of Matt Hughes to the role of Chief Financial Officer. Before his appointment at HealthEdge, Matt was Chief Financial Officer at Click4Care. Prior to Click4Care, Matt was the Chief Financial Officer of DeCrane Aerospace. Matt has also held senior financial leadership roles at companies including Frontstep, The GolfWorks and MPW Industrial Services.

Daegis Inc. (NASDAQ: DAEG) announced the appointment of Susan K. Conner as Chief Financial Officer (“CFO”). Ms. Conner has served as the CFO at Pegasus Solutions, Inc., and Zix Corporation. She has most recently been working as an independent advisor to privately-held companies on a variety of transactional and financial leadership engagements.

SFL Data has hired Ryan Svoboda as its Chief Financial Officer. Prior to joining SFL Data, Svoboda was a managing partner of DZH Phillips.

RLJ Entertainment Inc. (NASDAQ: RLJE) announced that it has named Drew Wilson as its Chief Financial Officer. Mr. Wilson is succeeding John Avagliano, who has left RLJ Entertainment to pursue other opportunities. Mr. Wilson most recently served as Senior Vice President and Chief Financial Officer for the Discovery Communication’s Digital, Commerce and Education divisions. Mr. Wilson previously was Vice President and Controller of the International Networks division of Discovery Communications. Prior to Discovery, Mr. Wilson served as Director of Corporate Accounting and Reporting for Host Marriott Corporation.

Endo Health Solutions Inc. (NASDAQ: ENDP) announced that Alan G. Levin, Executive Vice President & Chief Financial Officer, will be leaving the Company.  Mr. Levin will continue in his current role until the fall, while a search is conducted for his successor.

Kid Brands, Inc. (NYSE: KID) announced that the Company has appointed James Christl as Senior Vice President and Chief Financial Officer. Guy Paglinco has resigned from his position as Chief Financial Officer to pursue other opportunities. Prior to joining Kid Brands, Mr. Christl served for six years in two divisional Chief Financial Officer positions at Warnaco Group, most recently of Heritage Brands. From 2003 to 2007, he held the position of Chief Financial Officer of a $400 million division of Technicolor, SA.

Eating Recovery Center announced that it has named Len Dryer as its new chief financial officer. Throughout his 30-year career in financial administration at Children’s Hospital Colorado, Dryer served in several roles, including staff accountant, supervisor of accounting, controller, and most recently, senior vice president/chief financial officer.

Sienna Labs announced that Steve Loomis has joined the company as Chief Financial Officer. Loomis has served as the Chief Financial Officer for SkinMedica, Inc. from May 2010 until it’s acquisition by Allergan in December 2012. From 1996 to February 2010, Mr. Loomis served as Vice President of Finance, Chief Financial Officer and Corporate Secretary for CardioDynamics International Corporation, and in 2008, Mr. Loomis was appointed to the additional role of Vice President of Operations. From 1993 until 1996, he served as Director of Financial Reporting at Kinko’s Inc. From 1988 to 1993, Mr. Loomis was Chief Financial Officer for Terminal Data Corporation.

Shango announced the appointment of Robert W. Fay to the position of Chief Financial Officer. Prior to joining Shango, Mr. Fay has financially advised several companies including locally-based Let’s Gel, and has held the role of CFO for several technology companies, including Austin startups TeraVicta Technologies and Movero Technology. His previous roles have also included EVP/CFO for BridgePoint Technical Manufacturing, among others, following his 15 years as a corporate financial officer at Harris Corporation and 2 years as CFO of Cirrus Logic.

URS Corporation (NYSE: URS) announced that H. Thomas Hicks, currently Vice President and Chief Financial Officer, has been promoted to Executive Vice President. He will continue to serve as Chief Financial Officer. Mr. Hicks has been the Chief Financial Officer and Vice President of URS since March 2006. He served as Vice President of finance at URS from September 2005 to March 2006. Prior to joining URS, he served as Managing Director at Merrill Lynch Investment Banking from September 1997 to September 2005 . Prior to joining Merrill Lynch in 1997, Mr. Hicks served as Vice President of Corporate Development, at Litton Industries. From 1978 to 1994, he was Vice President, Finance and Administration at Science Applications International Corporation and also served as its Corporate Vice President of Finance and Corporate Vice President of Mergers and Acquisitions.Steve Honnold

Metcam Inc. announced that Steve Honnold will serve as Metcam’s first full-time CFO. Prior to joining Metcam, Honnold served as Vice President of Finance for Ricoh Americas Corp.

TuneIn announced that it has selected Axel Martinez as its chief financial officer. Axel Martinez was formerly the assistant treasurer – head of capital markets at Google Inc.

Wabash National Corporation (NYSE: WNC) announced that Mark Weber, who has served as Wabash National’s Senior Vice President – Chief Financial Officer and Treasurer since August 2009, has been named Senior Vice President – Group President of the Diversified Products Group business segment. Jeff Taylor has been appointed Vice President – Acting Chief Financial Officer and Treasurer for Wabash National Corporation. Previously with King Pharmaceuticals in Bristol, Tenn., Taylor joined Wabash National in July of 2012 as Vice President of Finance and Investor Relations. He has also been named as an Executive Officer of the company.

Magnolia River announced that Heath McCleskey has joined Magnolia River as Chief Financial Officer. Before joining Magnolia River, Heath served as CFO for an international wholesale distribution company for nearly six years. Prior to that, he was a senior manager for a regional certified public accounting firm, Warren Averett.

Innovus Pharmaceuticals, Inc. (OTC: INNV) announced that Morgan Brown has joined the Company as Executive Vice President and Chief Financial Officer. Mr. Brown served in a similar capacity at World Heart Corporation, a NASDAQ-listed public medical device company, from 2009 until 2012 when World Heart Corporation was acquired by Heartware International Inc. Since the date of the acquisition, Mr. Brown has been consulting for Heartware International Inc. Prior to Mr. Brown’s employment with World Heart Corporation, Mr. Brown worked at Lifetree Clinical Research where he was Chief Financial Officer and Senior Vice President. Previously, he worked for NPS Pharmaceuticals Inc. from 2000 to 2007, where he served as Vice President Finance and Treasurer.

Oakland Zoo announced the promotion of Nik Dehejia, Director, Strategic Initiatives to Chief Financial Officer. Nik Dehejia joined Oakland Zoo in the fall of 2006 as Director, Strategic Initiatives. Nik started his career in international and environmental public policy at the World Resources Institute and the World Bank and in corporate responsibility at Business for Social Responsibility in San Francisco. He later held responsibilities for licensing and merchandising at Levi Strauss & Co.

MicroPlanet Technology Corp. (PINK: MCTYF) appointed Edward Garth as the Company’s Chief Financial Officer.

PetroShale Inc. (TSX-V: PSH) announced the appointment of Tristan Farel as CFO. Mr. Farel has more than eleven years of experience in the oil and gas industry including five years as an auditor for Hein & Associates, LLP, three years with Resolute Energy Corporation as Financial Reporting Manager and three years as a consultant to both private and public oil companies in the US, Canada, and Australia. Debbi Anders

Horizon Technology appointed Debbi Anders as Chief Financial Officer. Anders joined Horizon in October 2011 as the Vice President of Finance.

Hudson Global, Inc. (NASDAQ: HSON) announced the appointment of Stephen A. Nolan as Executive Vice President and Chief Financial Officer (CFO). Most recently, Mr. Nolan served as CFO of Adecco Group North America, a division of Adecco S.A. Mr. Nolan succeeds Mary Jane Raymond, who has served as Executive Vice President and CFO of Hudson since 2005, and has decided to resign to pursue other opportunities. Previously, Mr. Nolan served as CFO North America for DHL Global Forwarding, a $1.5 billion logistics company. Prior to that he served in a variety of finance and strategic development roles, including 15 years at Reckitt Benckiser Inc.

O’Donnell Strategic Industrial REIT, Inc. announced that Christopher S. Cameron resigned from his position as Chief Financial Officer, Treasurer and Secretary. The Company appointed Douglas D. O’Donnell as Chief Financial Officer, Treasurer and Secretary.

SciClone Pharmaceuticals, Inc. (NASDAQ: SCLN) announced that Gary Titus, Chief Financial Officer and Senior Vice President, Finance of the Company, has tendered his resignation letter. Friedhelm Blobel, currently the Company’s President and Chief Executive Officer, will additionally serve as interim acting Chief Financial Officer of the Company until the Company appoints a new Chief Financial Officer.

Nephros, Inc. (OTC: NEPH) announced that Gerald J. Kochanski, Chief Financial Officer, Treasurer and Corporate Secretary, resigned effective June 15, 2013.

ZIOPHARM Oncology, Inc. (NASDAQ: ZIOP) announced the departure of Jason A. Amello, the Company’s Executive Vice President and Chief Financial Officer and Treasurer. Kevin G. Lafond, the Company’s current Corporate Controller, has been appointed as the Company’s Vice President – Finance, Chief Accounting Officer and Treasurer and shall also serve as the Company’s principal financial officer. Mr. Lafond has served as the Company’s Corporate Controller since he joined the Company in February 2009. Prior to joining the Company, Mr. Lafond served as Controller of Helicos Biosciences Corporation, from February 2007 to October 2008.

Pizza Inn Holdings, Inc. (NASDAQ: PZZI) announced that Jerome L. Trojan, III submitted his resignation as Chief Financial Officer and Secretary.

US Ecology, Inc. (NASDAQ: ECOL) announced the appointment of Eric L. Gerratt as Executive Vice President, Chief Financial Officer and Treasurer. Eric was promoted to Vice President, Acting Chief Financial Officer and Chief Accounting Officer in October 2012. Eric joined the Company in August 2007 as Vice President and Controller. Eric previously held financial and accounting management positions at SUPERVALU, Inc., Albertson’s, Inc. and PricewaterhouseCoopers LLP.

Tilly’s, Inc. (NYSE: TLYS) announced that Bill Langsdorf, the Company’s Senior Vice President and Chief Financial Officer, plans to retire later this year. Mr. Langsdorf plans to remain CFO until his successor is in place.

Westell Technologies, Inc. (NASDAQ: WSTL) appointed Amy T. Forster as the Company’s interim Chief Financial Officer. Brian S. Cooper, former Senior Vice President, Chief Financial Officer, Treasurer and Secretary of the Company, resigned. Ms. Forster has served as the Company’s Vice President and Corporate Controller since April 1, 2012, and has also served as its Principal Accounting Officer since 2007. She previously served as the Company’s Senior Vice President and Chief Accounting Officer from 2009 until 2012, and as Chief Financial Officer, Treasurer and Secretary from 2007 to 2009. Ms. Forster initially joined the Company in 1994 and, except for a brief period in which she served as Managing Director of Finance and Controller of Claymore Securities, Inc. Prior to joining the Company, Ms. Forster served as Controller for Syntronic Instruments, Inc.

Arista Power, Inc. (OTC: ASPW) appointed Molly Hedges as Chief Financial Officer. Ms. Hedges previously served as the Company’s Vice President of Finance, Controller and Corporate Secretary, and as the Company’s Principal Financial Officer and Principal Accounting Officer. In addition to being the Company’s Chief Financial Officer, Ms. Hedges will continue as the Company’s Controller, Corporate Secretary, Principal Financial Officer and Principal Accounting Officer. Prior to joining the Company, Ms. Hedges had been previously employed as Vice President of Finance and Controller at Ultralife Corporation. Ms. Hedges joined Ultralife in 2000.

CFO Moves – week ending May 24, 2013

CFO Moves this week include:

Tellabs The Fresh Market, Inc. Silicon Labs
Huntington Bancshares Incorporated KeyCorp Advanced Cell Technology, Inc.
Affymetrix, Inc. Danlaw, Inc. Host Hotels & Resorts, Inc.
Flexion Therapeutics, Inc. Hampshire Group, Limited AudienceScience
Westcon Group Gentex Corporation Strata-X Energy Ltd.
Pinnacle Entertainment 2nd Watch, Inc. Atmel® Corporation
Colorescience Santeon Group Inc. Halozyme Therapeutics, Inc.
Giga-tronics Incorporated Adena Health System Parkridge East Hospital
SaLaurMor Capital LP Altorfer Inc. FCi Federal
County of Orange, California

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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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Tellabs (NASDAQ: TLAB) announced that Andrew B. Szafran, executive vice president and chief financial officer, has resigned from Tellabs for personal reasons. Tom Minichiello, Tellabs vice president, finance and chief accounting officer, will serve as acting CFO.

The Fresh Market, Inc. (NASDAQ: TFM) announced the appointment of Jeffrey Ackerman as its Executive Vice President and Chief Financial Officer effective June 3. Mr. Ackerman most recently served as Executive Vice President and Chief Financial Officer at Sealy Corporation. Prior to Sealy, Mr. Ackerman was Vice President, Finance with Dade Behring, Inc. and held a variety of finance roles at the Frito-Lay branded snack division of PepsiCo Inc.

Silicon Labs (NASDAQ: SLAB) announced that the company’s interim CFO and board member, Bill Bock, will be returning to the management team on a permanent basis as president. John Hollister, the company’s vice president of business development, will be promoted to senior vice president and CFO, replacing Mr. Bock in that role. The changes will be effective June 30. Mr. Bock joined Silicon Labs’ board of directors in 2000 and was appointed CFO in 2006. He retired from Silicon Labs’ management team in 2011, returning as interim CFO in early 2013. Before joining Silicon Labs, he was president and chief executive officer of DAZEL Corporation. Prior to DAZEL, Mr. Bock served as executive vice president and chief operating officer of Tivoli Systems and CFO and senior vice president of sales of Convex Computer Corporation. He also spent nine years in various finance roles at Texas Instruments including vice president and controller of TI’s data systems group. Mr. Hollister joined Silicon Labs in 2004 and rose rapidly through the finance organization to become director of finance, worldwide operations in 2005. In 2007, Mr. Hollister became managing director of the Asia operations team and was ultimately promoted to vice president of manufacturing and Asia operations where he served until 2012 when he relocated back to the US and became vice president of business development. Mr. Hollister’s experience includes vice president of finance at Cicada Semiconductor, and various finance positions at Cirrus Logic, Veritas DGC, 3-D Geophysical and PricewaterhouseCoopers LLP.

Huntington Bancshares Incorporated (NASDAQ: HBAN) announced that Dave Anderson was named interim chief financial officer (CFO). Anderson, currently controller, has served with the bank since 2009 and has over 30 years of experience in senior level financial leadership positions, including 14 years as the corporate controller of Citizens Financial Group. Don Kimble, CFO since 2004, is leaving to join a financial institution with a national footprint.

KeyCorp (NYSE: KEY) announced that Donald R. Kimble will join the company as its Chief Financial Officer effective June 3, 2013. During his nine year career at Huntington Bancshares Incorporated, Mr. Kimble served as Chief Financial Officer. Prior to joining Huntington, Mr. Kimble was the executive vice president of finance and controller for AmSouth Bancorporation. Prior to that, Mr. Kimble was with Bank One for 13 years, serving in various accounting and subsidiary chief financial officer positions.

Advanced Cell Technology, Inc. (OTC: ACTC) announced the appointment of Edward “Ted” Myles as Chief Financial Officer and Executive Vice President of Corporate Development. Mr. Myles comes to ACT from PrimeraDx where he served as Chief Financial Officer and Vice President of Operations. Prior to joining PrimeraDx, Mr. Myles was the Chief Financial Officer and Senior Vice President of Pressure BioSciences. Earlier in his career, Mr. Myles held financial positions with EMD Pharmaceuticals (a subsidiary of Merck KGaA), SG Cowen Securities Corporation, Boston Biomedica and PriceWaterhouseCoopers.

Affymetrix, Inc. (NASDAQ: AFFX) announced it has appointed Gavin Wood to the position of Executive Vice President and Chief Financial Officer. Mr. Wood joined Affymetrix in 2006 and served most recently as VP Finance, International Controller based in the United Kingdom. Tim Barabe, the current CFO, is expected to retire from Affymetrix effective June 28, 2013.

Danlaw, Inc. announced the appointment of Jim Street as its new Chief Financial Officer (CFO).  Before joining the company, Street was the VP of Finance for ALTe.  Street served in senior financial management positions with Ford Motor Company, Mazda Motors (USA) and BBK, Inc.

Host Hotels & Resorts, Inc. (NYSE: HST) announced that Gregory J. Larson , its current executive vice president, corporate strategy, has become the chief financial officer of the Company.  Mr. Larson, who has been with the Company since 1993, has overseen corporate strategy since 2007, assumed leadership of dispositions in 2011 and has led the investor relations department since 2000.  Previously, he served as senior vice president responsible for treasury and corporate finance.  Larry K. Harvey , who re-joined the Company in February 2003 and has acted as chief financial officer since 2007, will remain with the Company until the third quarter.  He will continue to serve as an executive vice president reporting  to our chief executive officer, W. Edward Walter and assist in the transition of the duties to the new chief financial officer.

Flexion Therapeutics, Inc. announced the addition of Frederick W. Driscoll to its management team as chief financial officer. Prior to joining Flexion, Mr. Driscoll was chief financial officer for Novavax (NASDAQ: NVAX). Prior to Novavax, Mr. Driscoll served as chief financial officer and subsequently chief executive officer of publicly-traded Genelabs, chief financial officer of private company Astraris and chief executive officer of OXiGENE.

Hampshire Group, Limited (OTC: HAMP) announced the appointment of Trey Darwin as Chief Financial Officer. Prior to joining the Company, he served as the Director and Vice President of Finance at Haggar Clothing Company.

AudienceScience announced that Robert Chamberlain has been named Chief Financial Officer. He most recently served as Chief Financial Officer of PopCap Games, Inc., from August 2009 through September 2011. He has served as the CFO of various technology companies including F5 Networks, Onyx Software Corporation, and WatchGuard Corporation.

Westcon Group announced Chief Financial Officer John O’Malley will leave the Company to pursue other business opportunities. O’Malley served as Chief Financial Officer since 1999 and was given the additional title of Executive Vice President in 2006. Westcon also announced that John DiRico will act as interim Chief Financial Officer.

Gentex Corporation (NASDAQ: GNTX) reported that Steve Dykman, the Company’s Chief Financial Officer and Vice President – Finance, departed from those roles with the Company effective as of May 17, 2013. The company named Steve Downing, previously the Company’s Vice President-Commercial Management, to succeed Mr. Dykman as the Company’s Chief Financial Officer and Vice President-Finance.

Strata-X Energy Ltd. (TSX-V: SXE) announced the appointment of David L. Hettich as Chief Financial Officer (“CFO”) of the Company. Prior to joining Strata-X as CFO, David Hettich provided consulting services to the Company in a variety of positions including Controller and Land Manager. The appointment of Mr. Hettich as CFO of the Company and the resignation of the Company’s prior CFO, Timothy Bradley, is part of a planned transition by Strata-X’s Board of Directors. The resignation of Mr. Bradley as CFO was accepted by Strata-X’s Board of Directors as of the date of this press release. Mr. Bradley will remain on the Board as a non-executive Director.

Pinnacle Entertainment (NYSE: PNK) announced that Carlos Ruisanchez has been promoted to President & Chief Financial Officer. Ruisanchez previously held the position of Executive Vice President & Chief Financial Officer. Ruisanchez has been with the Company since August 2008.Brett Turner

2nd Watch, Inc. announced the appointment of Brett Turner as the company’s chief financial officer. Most recently Turner was co-founder, chief operating officer and chief financial officer of Demand Energy. Prior to Demand Energy, Turner served as vice president of finance at World Wide Packets (WWP). Turner has also served at Amazon.com, Teledesic, and theglobe.com.

Atmel Corporation (NASDAQ: ATML) announced that Steve Skaggs has been appointed as the company’s permanent Senior Vice President & Chief Financial Officer. Mr. Skaggs had been serving as interim Chief Financial Officer since April 2, 2013. Mr. Skaggs joined Atmel in 2010. He worked previously at Lattice Semiconductor, where he served as President and CEO and also as CFO. Prior to Lattice, Mr. Skaggs was employed by Bain & Company.

Colorescience announced the appointment of Steve P. Loomis as Chief Financial Officer.  Peter worked at SkinMedica as CFO. Prior to joining SkinMedica, Mr. Loomis was CFO and Vice President of Operations at CardioDynamics International Corporation for fourteen years. Previously, he was the Director of Financial reporting at Kinko’s World Headquarters, a worldwide business service provider. Prior to that, he was Vice President, CFO and Treasurer of Terminal Data Corporation.

Santeon Group Inc. (OTC: SANT) announced the appointment of Mark Guirgis to the position of Executive Vice President and Chief Financial Officer. Mr. Guirgis had been serving as acting Chief Financial Officer since September 2011. Prior to joining Santeon, Mr. Guirgis served as Vice President, Planning & Analysis and Corporate Treasurer at Primus Telecommunications from 1998 to 2011.

Halozyme Therapeutics, Inc. (NASDAQ: HALO) announced the appointment of David A. Ramsay as Chief Financial Officer.  Mr. Ramsay was most recently Vice President, Corporate Development at Halozyme. Mr. Ramsay joined Halozyme in 2003 as Chief Financial Officer before serving as Vice President, Corporate Development. Prior to Halozyme, he served in various financial roles including Vice President, Chief Financial Officer of Lathian Systems.  Prior to Lathian, Mr. Ramsay was Vice President, Treasurer of ICN Pharmaceuticals, now called Valeant Pharmaceuticals International.  Mr. Ramsay joined Valeant from ARCO, where he spent four years in various financial roles, most recently serving as Manager, Financial Planning & Analysis for the company’s Retail Marketing division.

Giga-tronics Incorporated (NASDAQ: GIGA) reported that Steve Lance has joined Giga-tronics Incorporated as the Vice President of Finance and was appointed Chief Financial Officer. He was previously the Vice President of Finance at Taulia and before that was the Vice President of Finance and Administration at Sugar CRM. Prior to 2005, Mr. Lance held financial management positions at Sum-Total Systems, ADAC Laboratories Inc., Phoenix Technologies and KLA-Tencor. Mr. Lance will replace Frank Romejko, who will be leaving the Company due to a scheduled retirement at the end of June 2013.

Adena Health System announced that Kevin M. Murphy has joined the company as its Chief Financial Officer (CFO). Murphy most recently served as Senior Vice President & CFO for Hurley Medical Center. Murphy also served as Vice President of Finance/CFO for the Middletown Regional Health System. Amy Wheeler

Parkridge East Hospital announced that Amy Wheeler is joining the administrative team as Chief Financial Officer (CFO). Wheeler comes to the Parkridge system on June 3 from a position as Controller of HCA’s TriStar Centennial Medical Center in Nashville. Wheeler began her career with HCA after graduating from Trevecca Nazarene University in Nashville. She has been with the company for the past nine years, serving as Senior Internal Auditor at HCA’s corporate office before assuming the role of Assistant Controller at TriStar Centennial.  She has served as Controller of TriStar Centennial since 2009.

SaLaurMor Capital LP announced that Anat Leon has joined the firm as its Chief Financial Officer. Anat comes to SaLaurMor from ISP Financial Trading. Prior to ISP, Anat was Chief Financial Officer at The Dragon Variation Fund, LP. Anat has also worked at Sage Capital Growth, Inc.

Altorfer Inc. announced that Corey Nuehring has been elected to the position of vice president of financial services and chief financial officer (CFO). Nuehring previously served as Altorfer Inc.’s corporate controller for 11 years. Bill Milligan

FCi Federal announced it has added Bill Milligan as Vice President of Business Operations and Chief Financial Officer.  Mr. Milligan was Vice President and CFO for 10 years at High Performance Technologies (HPTi).  Before that, Mr. Milligan was Vice President and CFO of MRJ Technology Solutions.

County of Orange, California announced the selection of Frank Kim to serve as the County’s Chief Financial Officer (CFO). Kim, who has been the County’s Budget Director for more than five years, will succeed Bob Franz as CFO. Since joining the County in 1995, Kim has served in a number of capacities with agencies including the County Executive Office, Auditor-Controller Department, OC Waste & Recycling and the Probation Department.

CFO Moves – week ending May 17, 2013

CFO Moves this week include:

Jones Lang LaSalle Duke Realty Corporation PetSmart, Inc.
Cigna Corporation Kemper Corporation Liberty Global, Inc.
Verastem, Inc. Susquehanna Bancshares, Inc. Brixmor Property Group
Hudson Valley Holding Corp. Far East Energy Corporation Cruise Lines International Association (CLIA)
Trimble MediaShift, Inc. Tickets.com
Krux CytoSorbents Corporation Mad Catz Interactive, Inc.
Chimera Investment Corporation TriMas Corporation Aspen Group, Inc.
One Call Care Management Intcomex, Inc. NanoViricides, Inc.
Royal Caribbean Cruises Ltd. Streamline Health Solutions, Inc. Fortress International Group, Inc.
Drummond Company, Inc. E5 and AISG HSN, Inc.
truDERMA Edwards Lifesciences Corporation QLogic Corp.
SPY Inc. Fulton Financial Corporation

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

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Stanton Chase International). Samuel can be reached by email at s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.

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Jones Lang LaSalle (NYSE: JLL) has named Christie B. Kelly Chief Financial Officer, effective July 1, 2013. She replaces Lauralee Martin, who has maintained the CFO role since becoming Chief Executive Officer for the Americas business in January. Most recently, Kelly served as Executive Vice President and Chief Financial Officer of Duke Realty Corporation (NYSE: DRE). She previously held the position of Senior Vice President of the Global Real Estate Group at Lehman Brothers.

Duke Realty Corporation (NYSE: DRE) announced today that Christie B. Kelly resigned as Chief Financial Officer of the company to accept an opportunity to serve as the Chief Financial Officer of Jones Lang LaSalle Incorporated. Mark A. Denien, Senior Vice President and Chief Accounting Officer has been appointed to serve as Chief Financial Officer. Mark joined Duke Realty in 2005 as Senior Vice President, Administration and was promoted a year later to Senior Vice President and Chief Accounting Officer. Before joining Duke Realty, Mr. Denien was a partner with KMPG in Indianapolis, where he worked for 16 years and was involved with Duke Realty for many of those years.

PetSmart, Inc. (NASDAQ: PETM) has named Carrie Teffner to the position of senior vice president and chief financial officer. Teffner most recently served as executive vice president and chief financial officer at Weber-Stephen Products LLC. Before joining Weber-Stephen Products, Teffner served as the chief financial officer for The Timberland Company. From 1988 to 2009, Teffner worked for the Sara Lee Corporation in leadership roles for several divisions, including senior vice president and chief financial officer, Sara Lee International Household and Body Care; senior vice president and chief financial officer, Sara Lee Foodservice; and senior vice president, financial planning and analysis and treasurer, Sara Lee Corporate.

Cigna Corporation (NYSE: CI) announced that Thomas A. McCarthy, currently Vice President of Finance, will succeed Ralph J. Nicoletti, who has elected to leave the company for personal reasons, as Executive Vice President and Chief Financial Officer. McCarthy will draw from many years of experience and success at Cigna. He has held a variety of roles, most recently responsible for Cigna’s strategy, corporate development, treasury, tax and run-off reinsurance operations. Additionally, he served as interim Chief Financial Officer from September 2010 to May 2011.

Kemper Corporation (NYSE: KMPR) announced that Elizabeth “Libbie” Bock will join Kemper as the Chief Financial Officer for its Property & Casualty Group. Bock brings with her more than 11 years of experience in financial leadership roles, most recently with Experian. For seven years, she held various financial leadership positions at The Hartford. Prior to that, she was a Senior Consultant with Towers Perrin. Bock has also served as Coordinator for International Affairs, in the Office of the Governor for the Mie Prefectural Government in Japan.

Liberty Global, Inc. (NASDAQ: LBTYA, LBTYB and LBTYK) announce that it will appoint Robert Dunn, currently Managing Director (“MD”) of UPC Netherlands, to the position of Chief Financial Officer (“CFO”) of Virgin Media (NASDAQ: VMED; LSE: VMED) upon the closing of that acquisition. He will succeed Eamonn O’Hare who has decided to leave the company to pursue new opportunities. Mr. Dunn has held several senior management positions with Liberty Global over the last 13 years, including MD, UPC Ireland for five years, and CFO of Liberty’s European cable division. Robert has been MD of UPC Netherlands B.V. since January, 2011. He previously served as MD of UPC Ireland B.V. from 2006 and was MD of Finance & Accounting of UPC Polska LLC (UPC). He joined UPC in May 2000 and served as CFO of UPC Distribution from January 2001. He earlier served as Group Controller of Impress Packaging Group B.V. from May 1997 to May 2000. Robert has been Director of UPC Polska LLC since June 2000.

Verastem, Inc. (NASDAQ: VSTM) announced the appointment of John “Jack” Green as Chief Financial Officer. Mr. Green was the former Chief Financial Officer of GTC Biotherapeutics (formerly Genzyme Transgenics Corporation).

Susquehanna Bancshares, Inc. (NASDAQ: SUSQ) announced that Executive Vice President and Chief Financial Officer Drew K. Hostetter will retire on December 31, 2013, concluding an 18-year tenure as the company’s CFO. Upon Hostetter’s retirement, Michael W. Harrington, who joined Susquehanna last year as Executive Vice President and Treasurer, will take on the role of Chief Financial Officer. Harrington, who has more than 25 years of experience in the financial services industry, joined Susquehanna’s executive leadership team in June 2012 after serving in various leadership positions at First Niagara Financial Group, including Chief Financial Officer and Treasurer.

Brixmor Property Group announced the appointment of Michael V. Pappagallo as President & Chief Financial Officer.  Mr. Pappagallo most recently served as Chief Operating Officer of Kimco Realty Corporation (NYSE: KIM). Prior to assuming the role of COO, he served as Kimco’s Chief Financial Officer from 1997 through 2010. Prior to his time at Kimco, Mr. Pappagallo served as Chief Financial Officer of G.E. Capital’s Commercial Real Estate Financing business, and held various other financial and business development positions, and as a Senior Manager in the audit group of KPMG, LLP.

Hudson Valley Holding Corp. (NYSE: HVB) named Michael J. Indiveri to serve as Executive Vice President and Chief Financial Officer. Prior to joining Hudson Valley, Indiveri provided independent financial and accounting consulting services to a community bank with nearly $1 billion in assets.  From 2007 to 2011, he was Executive Vice President and CFO of Amalgamated.  From 1997 until 2007, Indiveri served as Executive Vice President and CFO and a member of the Board of Directors of Yonkers’ City & Suburban Federal Savings Bank. Indiveri has also served as CFO of New York Federal Savings Bank and Savings Bank of Rockland County, spent seven years in the corporate finance group at Chase Manhattan Bank, and began his banking career at City Federal Savings Bank in 1977.  In addition, he is Chairman of the Audit Committee and a member of the Governance and Nominating Committee at Retail Opportunity Investments Corporation, a NASDAQ listed company, where he has served as a member of the board of directors since the real estate investment trust’s (REIT) inception in 2007. Indiveri replaces interim CFO Andrew J. Reinhart , who returns to his previous role as Hudson Valley’s Controller and Assistant Treasurer.

Far East Energy Corporation (OTC: FEEC) announced that Jennifer D. Whitley has been appointed as Chief Financial Officer to succeed Bruce N. Huff .  Ms. Whitley has served as the interim Chief Financial Officer of the Company since February 2013 and Director of Finance of the Company since January 2011.  Prior to joining the Company, Ms. Whitley served as the Chief Financial Officer of Zero Emission Energy Plants Ltd, from 2008 to 2010.  From 2006 to 2008, Ms. Whitley served as the Finance Director of Global Energy Development PLC. Previously, Ms. Whitley worked at Harken Energy Corporation and on the audit staff of Ernst & Young LLP.

Cruise Lines International Association (CLIA) announced that it has named Thomas Fischetti to the position of chief financial officer.  Prior to joining CLIA, Fischetti served as chief financial officer and senior vice president at the International Association of Amusement Parks and Attractions (IAAPA).  William Gee who has been serving as CLIA’s interim CFO will continue as a consultant to CLIA working directly with Fischetti.

Trimble (NASDAQ: TRMB) announced that its chief financial officer, Rajat Bahri, has accepted a new opportunity with a private, venture-backed Silicon Valley technology company. Julie Shepard, vice president of finance and chief accounting officer, will act as interim CFO.

MediaShift, Inc. (OTC: MSHF) announced the appointment of Rick Baran as Chief Financial Officer. Baran joins MediaShift from Clear Channel Media and Entertainment, where he served as Executive Vice President and CFO. Previously, Baran was EVP and CFO for CBS TV Stations. Earlier Baran was CFO of Tyco International. He also spent a decade at GE, holding numerous financial leadership positions. Current CFO David Eastman will continue in his post until June 3, and will continue to serve as an advisor to MediaShift.

Tickets.com announced the addition of Cristine Hurley in the role of Chief Financial Officer. Hurley’s CV includes the role of Vice President, Team Finance for the National Basketball Association. Prior to the NBA, she was the Chief Financial Officer for the Los Angeles Dodgers Major League Baseball franchise. Most recently Hurley was a Partner at Pro Forma Advisors.

Krux announced the addition of David Ron as chief financial officer. Prior to joining Krux, Mr. Ron ran his own consulting firm, providing outsourced CFO and investing services including serving as director, investment banking – digital media for Centaur Partners. Previously, he was CFO and VP Finance for Market6; VP Finance at Rapt — and later part of the Microsoft finance integration team following its acquisition; CFO at Global Sight Corp.; CFO at TV Interactive Corp.; and treasurer for Metaphor Computer Systems (later acquired by IBM).

CytoSorbents Corporation (OTC:CTSO) announced the appointment of Kathleen P. Bloch as its Chief Financial Officer. Most recently, she was Chief Financial Officer of Laureate Biopharmaceutical Services, Inc. Previously, Ms. Bloch was Chief Operating Officer and CFO of PC Group, Inc. Prior to that, Ms. Bloch was CFO of Silver Line Building Products Corporation for seven years. Previously, Ms. Bloch was CFO of ERD Waste Corporation.

Mad Catz Interactive, Inc. (NYSE: MCZ) announced that its Chief Financial Officer, Allyson Evans, has announced her intention to resign from her position in order to spend more time with her family. Ms. Evans has agreed to remain in her position until the appointment of her successor and will assist the Company with the transition.

Chimera Investment Corporation (NYSE: CIM) announced that Robert Colligan has been appointed its Chief Financial Officer. Mr. Colligan joins Fixed Income Discount Advisory Company (“FIDAC”), the external manager of Chimera, as a Managing Director from Starwood Capital Group where he was the Controller for the last five years. Prior to Starwood Capital Group, from 2002 to 2008 Mr. Colligan was a Managing Director at Bear Stearns and from 1999 to 2002 a Vice President at Merrill Lynch in financial reporting, strategy and investor relations roles. A. Alexandra Denahan resigned from her position as Chimera’s Chief Financial Officer, but will continue to serve as Chimera’s principal financial officer and principal accounting officer.Mark Zeffiro

TriMas Corporation (NASDAQ: TRS) announced that A. Mark Zeffiro, TriMas’ chief financial officer, has recently been promoted to executive vice president and chief financial officer. Zeffiro joined TriMas Corporation in June 2008 as chief financial officer, and has 25 years of financial, operational and business leadership experience with companies such as Black & Decker and General Electric Company. Before joining TriMas, He was vice president of finance for the Global Consumer Product Group at Black & Decker.

Aspen Group, Inc. (OTC: ASPU) announced that Michael Matte will be joining the company as Chief Financial Officer. Most recently, Matte has been the Chief Financial Officer for MeetMe, Inc. Aspen’s former CFO David Garrity has been appointed EVP, Corporate Development.

One Call Care Management (OCCM) announced that Kevin English joined the executive management team as Chief Financial Officer. Prior to his appointment at OCCM, English served as Chief Sourcing Officer at PSS World Medical, Inc (PSSI). Prior to that, he served as Senior Vice President, Finance. Also during his long tenure with PSSI, Kevin served as Chief Financial Officer for Diagnostic Imaging, a former subsidiary of PSSI that was divested in November 2002.

Intcomex, Inc. announced the appointment of Juan Carlos Riojas as the Company’s Chief Financial Officer. The Company appoints Mr. Riojas as permanent successor to Jose I. Ortega, who has been serving as Interim Chief Financial Officer and Secretary of the Company since May 2012. The Company also announced the appointment of Jose I. Ortega, as the Company’s first Chief Accounting Officer. Mr. Riojas most recently served as the Chief Financial Officer of PepsiCo Foods Central America and Caribbean. Prior to 2000, Mr. Riojas served as the Chief Financial Officer of Compañia Industrial de Parras. Prior thereto, Mr. Riojas held the positions of Vice President of Corporate Banking for Société Général in Dallas, Texas and Treasury and Investor Relations Manager for Coca-Cola FEMSA.

NanoViricides, Inc. (OTC: NNVC) announced that it has retained Ms. Meeta Vyas as interim CFO. Meeta was CEO of Signature Brands, Inc. Later, she was CEO of the World-Wide Fund for Nature – India (WWF-India) and then as a Vice President of the National Audubon Society (USA).

Royal Caribbean Cruises Ltd. (NYSE: RCL) announced that Brian Rice, Vice Chairman and CFO of Royal Caribbean Cruises Ltd., will transition his CFO responsibilities to Jason Liberty as he prepares for his retirement in the spring of 2014.  Rice has been with Royal Caribbean for more than 20 years, serving as CFO since 2006 and Vice Chairman since 2012. Jason Liberty has been named the new CFO, effective immediately, and will continue to report to Rice. Liberty joined Royal Caribbean in 2005 and most recently served as Senior Vice President, Strategy and Finance.

Streamline Health Solutions, Inc. (NASDAQ: STRM) announced that Nicholas A. Meeks, Vice President of Financial Planning has been promoted to Senior Vice President and Chief Financial Officer. Prior to Streamline, Mr. Meeks was Director of Financial Planning and Analysis at Chamberlin Edmonds & Associates, acquired by Emdeon, Inc.  Subsequent to the acquisition, he became head of finance for Provider Payment Integrity, an operating subsidiary of Emdeon. Meeks replaces Steve Murdock, who has served as Streamline’s CFO for the past two years.  ”

Fortress International Group, Inc. (OTC: FIGI) announced that it has appointed Maura A. McNerney as Chief Financial Officer. Ms. McNerney replaces Ken Schwarz , who resigned as CFO for personal reasons. Mr. Schwarz will remain with the company in another role through August 2013. Ms. McNerney was previously Vice President, Chief Financial Officer and Treasurer of Hampshire Group, Limited (OTC: HAMP). Ms. McNerney returned to Hampshire in August 2011 after leaving to pursue other interests in July 2009. During her time away from Hampshire, she served as Vice-President, Corporate Controller of Centerplate and then Chief Financial Officer of Spartan Foods of America. During her original five year tenure at Hampshire, she served in several roles, including Vice-President of Accounting and Reporting and Chief Accounting Officer.

Drummond Company, Inc. announces that Jack Stilwell, Executive Vice President and Chief Financial Officer of Drummond Company, Inc., has decided to transition from full time employment to a reduced schedule effective July 31, 2013.

E5 and AISG, a leading cloud and managed service provider, announced the addition of Rusty Hagenbuch as Chief Financial Officer. Mr. Hagenbuch was most recently Regional Operations Director at VPS Convenience Store Group. Prior to VPS, he was Division Manager for Mapco Express with various divisional responsibilities. Prior to Mapco Express, Mr. Hagenbuch was a Financial Advisor at American Express.

HSN, Inc. (NASDAQ: HSNI) announced the promotion of Judy Schmeling to Chief Operating Officer and Chief Financial Officer. Ms. Schmeling has served as HSNi’s Executive Vice President and Chief Financial Officer since 2001. Ms. Schmeling joined the company in 1994 as Director of Investor Relations and Treasury. She was promoted to Vice President of Strategic Planning and Analysis in 1998, to Senior Vice President of Finance in 1999, to Executive Vice President and Chief Financial Officer in 2001, and to Chief Financial Officer of HSNi when the company went public in 2008. She serves on the Board of Directors for Constellation Brands, Inc and the advisory board of FM Global. HSNi also announced the promotion of two senior finance executives, Michael J. Attinella and Patrick Vonderhaar, both reporting to Ms. Schmeling. Mr. Attinella was appointed Chief Financial Officer of HSN and Chief Accounting Officer of HSNi. He joined HSN in 2001 and most recently served as Senior Vice President, Chief Accounting Officer and Corporate Controller of HSNi. Mr. Vonderhaar was elevated from Vice President and Corporate Controller to Chief Financial Officer for Cornerstone Brands.

truDERMA announced that Bryan O’Connell has been appointed Chief Financial Officer. Prior to joining truDERMA, O’Connell spent time in several different industries as CFO for both domestic and international companies.

Edwards Lifesciences Corporation (NYSE: EW) announced that Thomas M. Abate, the company’s chief financial officer, plans to retire later this year. Abate plans to remain CFO until his successor is in place. Abate became Edwards’ CFO in January 2006. Previously, he was the company’s vice president and controller, a position he had held since Edwards became an independent company. In the 18 years prior, Abate was with Baxter in other finance-related positions.

QLogic Corp. (NASDAQ: QLGC) announced that Simon Biddiscombe has resigned his positions as president and chief executive officer and also as a director in order to pursue other opportunities. The Board has appointed CFO Jean Hu as CEO on an interim basis. Hu currently serves a senior vice president and chief financial officer. She will retain her CFO responsibilities during the interim period.

SPY Inc. (OTC: XSPY) announced that its Chief Financial Officer, Michael D. Angel, has announced his intention to resign from his position in order to facilitate a return to his permanent home in the Bay Area. Mr. Angel has indicated his willingness to be available to the Company as a full time interim CFO consultant until the appointment of a successor CFO in order to assist the Company with the transition.

Fulton Financial Corporation (NASDAQ: FULT) announced that Charles J. Nugent, senior executive vice president and chief financial officer (CFO), has informed the corporation of his plan to retire, effective December 31, 2013.

CFO Moves – week ending May 10, 2013

CFO Moves this week include:

Microsoft Corp. American Express The Wendy’s Company
GoDaddy KeyCorp Citrix Systems, Inc.
FelCor Lodging Trust Incorporated WANdisco Direxion
Terreno Realty Corporation Saba AAR Corp.
Citizens Community Bank NGL Energy Partners LP Retrophin, Inc.
Coeur d’Alene Mines Corporation Eli Lilly and Company Comstock Resources, Inc.
Egalet Ltd. Pegasus Solutions Hampshire Group, Limited
Camden Property Trust Appirio Parker Drilling Company
Siemens Enterprise Communications Healthcare Corporation of America magicJack VocalTec Ltd.
BlackRock, Inc. Acorn Energy, Inc. Ambient Corporation
SeaChange International Riverbed Technology, Inc. Midas Medici Group Holdings, Inc.
Applied Nanotech Holdings, Inc. Layne Christensen Company Vornado Realty Trust
Serena Software, Inc. Steele Resources Corporation Checkpoint Systems, Inc.
Oleen Pinnacle Healthcare Consulting Calvin B. Taylor Bankshares, Inc. WebMD Health Corp.
Craig Wireless Systems Ltd.

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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. announced that Amy Hood was named Microsoft chief financial officer, succeeding outgoing CFO Peter Klein who will remain at Microsoft through the end of June to ensure a smooth transition. Hood joined Microsoft in December 2002 and currently serves as CFO of MBD. Previously, Hood served as chief of staff in the Server and Tools group, then ran the strategy and business development team in MBD before becoming CFO of the division in January 2010. Before joining Microsoft as a part of the investor relations group, she worked at Goldman Sachs in various roles including investment banking and capital markets groups.

American Express (NYSE: AXP) announced that its Chief Financial Officer, Dan Henry, has announced his planned retirement. Mr. Henry plans to stay with the company as CFO until his successor is in place. Todd Penegor

The Wendy’s Company (NASDAQ: WEN) announced that Todd Penegor, most recently President of the Kellogg Company’s U.S. Snacks Division, will join Wendy’s in June. Following a transition period, Penegor will succeed Steve Hare as Senior Vice President and Chief Financial Officer on September 1 and Hare will retire from the Company.  Penegor has been Vice President, Kellogg Company, and President of the $4 billion in sales U.S. Snacks division for the past 4½ years. He was also a member of Kellogg’s North America leadership team and is the executive sponsor of the Kellogg African American Resource Group.  Penegor joined Kellogg in 2000 as Senior Director, Global Financial Strategy and Planning. He was promoted to Vice President, Finance, Corporate Financial Planning in 2001. In February 2002, he was promoted to VP and CFO, Kellogg USA and in May 2002, was appointed VP and CFO for Kellogg’s Snacks. In 2007, he was promoted to VP and CFO for Kellogg Europe. Prior to joining Kellogg, Penegor spent 12 years with Ford Motor Company in various positions, including strategy, M&A, the controller’s office and treasury.

GoDaddy announced its new Chief Operating Officer and Chief Financial Officer Scott Wagner. Wagner was a KKR Capstone Member and the leader of KKR’s portfolio operations team in North America, who stepped in as GoDaddy’s interim CEO last summer. Wagner began working with GoDaddy a short time after KKR, Silver Lake Partners and Technology Crossover Ventures made strategic investments in the company in 2011.

KeyCorp (NYSE: KEY) announced that Jeffrey B. Weeden, Chief Financial Officer, has informed the Company of his plan to retire after nearly 11 years in the role.

Citrix Systems, Inc. (NASDAQ: CTXS) announced the appointment of a new director, Robert (Bob) D. Daleo, who served as vice chairman of Thomson Reuters Corporation in 2012 and as executive vice president and chief financial officer from November 1998 to January 2011, to its board of directors. Daleo began his career with Thomson in 1994 when he joined Thomson Newspapers as senior vice president and chief financial officer. Beginning in 1996, he served as chief operating officer of Thomson Newspapers, and was responsible for a significant portion of its U.S. operations. In 1997, he was appointed senior vice president of Thomson Corporation responsible for finance, operations, business development and strategy. Prior to joining The Thomson Corporation, he held various financial and operations positions with McGraw-Hill and Automatic Data Processing. Daleo is also a member of the board of directors for Equifax, is chairman of the Fordham University Board of Trustees, and is Chairman of the New Jersey Community Development Corporation.Michael Hughes

FelCor Lodging Trust Incorporated (NYSE: FCH) announced the appointment of Michael C. Hughes as Senior Vice President, Chief Financial Officer and Treasurer, effective July 1, 2013. Mr. Hughes succeeds Andrew J. Welch, who is leaving the company after 15 years of service. Mr. Welch will remain with FelCor through December 31, 2013 to facilitate the transition. Before undertaking his new role, Mr. Hughes served as FelCor’s Senior Vice President, Finance and Treasurer. He joined the company in 2006 as Vice President, Finance and assumed additional responsibilities as the company’s Treasurer in 2009. Mr. Hughes has more than 15 years of experience in finance, having also served as the Vice President of Corporate Finance for Wyndham International, Inc. (which he joined in 2002) and as a business consultant with Maverick Management LLC.

WANdisco (LSE: WAND) announces the appointment of Paul Harrison as the Company’s new Chief Financial Officer. Mr Harrison, who will be based in California, joins WANdisco from The Sage Group plc. Mr Harrison joined Sage in 1997 from Price Waterhouse to become Group Financial Controller. He joined the Board of Sage in April 2000 as Chief Financial Officer. In May 2007, he was appointed to the Board of Hays plc as a Non-Executive Director and, in November 2011, became its Senior Independent non-executive director. Mr Harrison’s appointment will take effect from 1 September 2013.

Direxion announced that Patrick Rudnick has been appointed Chief Financial Officer of Direxion. Mr. Rudnick was most recently a Vice President in the Fund Administration division of U.S. Bancorp Fund Services. Mr. Rudnick began his career as a Fund Accountant at U.S. Bancorp. Mr. Rudnick served as an Audit Manager with PricewaterhouseCoopers before rejoining U.S. Bancorp in 2006.

Terreno Realty Corporation (NYSE: TRNO) announced the promotion of Jaime J. Cannon to Chief Financial Officer. Mr. Cannon joined Terreno Realty Corporation in March 2010 and currently serves as Senior Vice President overseeing finance and accounting. Prior to joining Terreno Realty Corporation, he worked at AMB Property Corporation (now Prologis), from 2003 to 2010 in various capacities, most recently as Vice President, Treasury.

Saba (OTC: SABA) announced the appointment of Mark W. Robinson as Chief Financial Officer. Saba anticipates that Mr. Robinson will assume his new position with the Company on or prior to June 3, 2013. He joins Saba after spending nearly five years with Calypso Technology, Inc., where he served as Chief Financial Officer. Prior to joining Calypso Technology, Inc., he served as Chief Financial Officer of Discus Dental. He was previously Chief Financial Officer of Q Comm International. He also served in several other management roles at companies including Prometrix/KLA-Tencor and Hewlett Packard Corporation.

AAR Corp. (NYSE: AIR) announced that John Fortson will join the Company on July 1, 2013, as Vice President of Finance. Fortson will then become Vice President, Chief Financial Officer and Treasurer on July 19, 2013, or as soon as possible following the filing of the Company’s Form 10-K for its fiscal year ending May 31, 2013. Mr. Fortson joins the Company from Bank of America Merrill Lynch, where he held the position of Managing Director, Investment Banking. Fortson joined Merrill Lynch in 1998 and was promoted to Managing Director in 2007.  Prior to joining Merrill Lynch, Fortson served for seven years as an infantry officer in the U.S. Army, with his final assignment as a company commander in the storied 82d Airborne Division, Fort Bragg, N.C.Vera Primm

Citizens Community Bank (OTC: CZYB) announced the addition of Vera H. Primm as its new Chief Financial Officer. She succeeds James R. Black following his promotion to Bank President and CEO last November. Primm previously served as Chief Financial Officer at Bank of Virginia, Peoples Bank of Virginia and F&M Bank.

NGL Energy Partners LP (NYSE:NGL) announced that Atanas H. Atanasov has been appointed Chief Financial Officer. Most recently Mr. Atanasov was the Senior Vice President of Finance and Treasurer. Prior to joining NGL Energy Partners in November 2011, Atanasov spent 9 years at GE Capital both in lending and leveraged equity. Prior to GE Capital, he was with the Williams Company.

Retrophin, Inc. (OTC: RTRX) announced that it has named Marc L. Panoff as Chief Financial Officer and Chief Accounting Officer. Most recently, Mr. Panoff was a Senior Partner and Vice President of Finance at GroupM North America. Previously, he was Chief Financial Officer of Neurologix Inc. and Nephros, Inc. Earlier in his career, he was Corporate Controller for Medicis Pharmaceutical Corporation.

Coeur d’Alene Mines Corporation (NYSE: CDE) announced that Peter C. Mitchell has been appointed to Senior Vice President and Chief Financial Officer effective June 3, 2013. Mr. Mitchell has served as Chief Financial Officer of Taseko Mines Limited since September 2008. Previously, Mr. Mitchell has served as President of Florida Career College; President and Chief Executive Officer of Vatterott Educational Centers, Inc.; Vice Chairman and Chief Financial Officer of Von Hoffmann Corporation; Senior Vice President and Chief Financial Officer of Crown Packaging Ltd.; and Vice President and Chief Financial Officer of Paperboard Industries Corporation.

Eli Lilly and Company (NYSE: LLY) announced that John C. Lechleiter, Ph.D., chairman, president, and chief executive officer, will be taking a medical leave of absence. Derica W. Rice, executive vice president, Global Services and chief financial officer, will assume the additional role of acting chief executive officer during Lechleiter’s leave.  Rice has more than 22 years of service with Eli Lilly and Company, including leadership roles in finance and general management. He became chief financial officer in 2006 and assumed leadership of the company’s global services organization in 2010.

Comstock Resources, Inc. (NYSE: CRK) announced the appointment of Roland O. Burns as President.  Mr. Burns has been with Comstock since 1991.  Mr. Burns will retain his responsibilities as Chief Financial Officer.

Egalet Ltd. announced the appointment of Stan Musial as chief financial officer (CFO). Stan most recently spent six years as vice president of finance and administration, chief financial officer, treasurer and secretary of Prism Pharmaceuticals, which was successfully sold to Baxter Healthcare in 2011.  Prior to joining Prism he held the position of vice president, finance, and CFO for Strategic Diagnostics, Inc.  He began his career with KPMG LLP. Temple Weiss

Pegasus Solutions has named Temple Weiss chief financial officer. Most recently, Weiss served as executive vice president and chief financial officer of ACE Cash Express, Inc. in Irving, Tex. Prior to that, he was with LQ Management and La Quinta Corporation for more than 10 years. At La Quinta Corporation, he held various finance positions, ultimately serving as vice president, development. With LQ Management, he held the role of executive vice president, development and acquisitions, and later, executive vice president and chief financial officer. He began his career with Bristol Hotels & Resorts in Dallas.

Hampshire Group, Limited (OTC: HAMP) announced that Maura McNerney Langley, Hampshire’s Chief Financial Officer, has resigned to pursue another opportunity.

Camden Property Trust (NYSE: CPT) announced the appointment of Alexander J. Jessett as Chief Financial Officer. Mr. Jessett succeeds Dennis M. Steen, who is retiring after serving as Camden’s Chief Financial Officer since 2003. Mr. Jessett joined Camden’s Finance department in 1999 and has served as Senior Vice President – Finance and Treasurer since 2009.

Appirio announced the appointment of Jeff Epstein to its Board of Directors. Jeff will chair Appirio’s Audit Committee and is the company’s second independent board director. Jeff brings more than 25 years of financial expertise to Appirio, and is currently an operating partner at Bessemer Venture Partners. He serves on multiple boards, including priceline.com, Kaiser Permanente and Shutterstock. Jeff most recently served as executive vice president and chief financial officer of Oracle. Earlier, Jeff Epstein was executive vice president and chief financial officer of DoubleClick.Chris Weber

Parker Drilling Company (NYSE: PKD) announced that Christopher T. (Chris) Weber has been selected as senior vice president and chief financial officer.  Mr. Weber most recently served as vice president and treasurer of Ensco plc.

Siemens Enterprise Communications announced Mark Greenquist has joined the company in the role of Chief Financial Officer. Greenquist joins Siemens Enterprise Communications from Telcordia Technologies, Inc., where he served as President and Chief Executive Officer, and, previously, as CFO. Greenquist has a track record of success in senior financial positions at Symbol Technologies, Agere Systems and General Motors Europe. Greenquist takes over from Ray Leclercq, who had served as CFO in an interim capacity. Leclercq will remain with Siemens Enterprise Communications leading internal transformation programs, as well as his role within the Gores Group, Siemens Enterprise Communications’ principal shareholder.

Healthcare Corporation of America (OTC: SWCAL) has named Yoram Bibring its chief financial officer, effective June 3. Mr. Bibring was most recently at financial-software company Fundtech from 2001 through 2012. Prior to joining Fundtech, Mr. Bibring was CFO at ViryaNet.

magicJack VocalTec Ltd. (NASDAQ: CALL) announced that Jose Gordo has been appointed Chief Financial Officer. Mr. Gordo joined magicJack in early 2013. In 2011, he co-founded Southcap Partners. Prior to that, Mr. Gordo was a Managing Director of a private equity firm and was a partner at the national law firm of Akerman Senterfitt. Peter Russo, magicJack’s former Chief Financial Officer, is remaining with the company as a consultant.

BlackRock, Inc. (NYSE: BLK) announced Ann Marie Petach transitioned from the role of Chief Financial Officer and joined the Company’s BlackRock Solutions® group as Senior Managing Director in the Client Solutions business and that Gary S. Shedlin became Chief Financial Officer of the Company.

Acorn Energy, Inc. (NASDAQ: ACFN) announced that Joe Musanti has been named President and CEO of GridSense™. Mr. Musanti was named COO/CFO of GridSense in January 2013, following his resignation from the Acorn Energy Board of Directors, where he served from September 2007 until December 2012. He previously served in various positions including President, General Manager and CFO of Main Tape.  Prior to that, Mr. Musanti was Vice President Finance of Rheometric Scientific, Inc.

Ambient Corporation (NASDAQ: AMBT) announced that Mark Fidler has resigned from the positions of Chief Financial Officer, Treasurer and Vice President in order to pursue other opportunities.  The company appointed Stacey Fitzgerald as the Company’s Chief Financial Officer. Ms. Fitzgerald has been Controller of the Company since July 9, 2012.  Prior to joining Ambient, from February to June 2012, Ms. Fitzgerald worked as an independent consultant at Accounting Management Solutions. From February 1998 to December 2006, she served as Vice President of Finance, as well as other senior finance positions at RSA Security.

SeaChange International (NASDAQ: SEAC) announced that Michael Bornak has resigned as Chief Financial Officer, effective May 31, 2013, to accept a position at another publicly traded company. Effective June 1, 2013, Anthony Dias, SeaChange’s Chief Accounting Officer, has been promoted to Senior Vice President and will serve as interim Chief Financial Officer. Mr. Dias joined SeaChange in 2007 as Vice President of Finance and Corporate Controller. He became Chief Accounting Officer in 2012. Previously, he served as Corporate Controller at LeMaitre Vascular, Inc. and also held various senior finance positions with Candela Corporation, Globalware, Inc. and Aldiscon, Inc.

Riverbed Technology, Inc. (NASDAQ: RVBD) appointed Ernest E. Maddock as Executive Vice President and Chief Financial Officer. Mr. Maddock will serve as Riverbed’s Principal Financial Officer and Principal Accounting Officer. As previously announced, Randy S. Gottfried resigned as Chief Operating Officer and Chief Financial Officer (including Principal Financial and Accounting Officer) of Riverbed. Mr. Maddock had previously served as Senior Vice President and Chief Financial Officer of Lam Research Corporation. From October 2003 to September 2008, Mr. Maddock served as Senior Vice President of Global Operations of Lam Research.

Midas Medici Group Holdings, Inc. (OTC: MMED) announced that Johnson Kachidza resigned as President and Chief Financial Officer of the Company. Mr. Kachidza will continue to serve as a member of the Company’s board of directors. On an interim basis, to help facilitate the transition and assist the Company until a new Chief Financial Officer is identified, board member and Audit Committee Chairman Hank Torbert will serve as a consultant to the Company.

Applied Nanotech Holdings, Inc. (OTC: APNT) announced that it is seeking a new CEO, to replace Doug Baker. Mr. Baker will remain the company’s Chief Financial Officer.

Layne Christensen Company (NASDAQ: LAYN) announced that James R. Easter has been named Chief Financial Officer. Mr. Easter most recently served as Chief Financial Officer of SEH Offshore Ventures. In 2010, he accepted the position of Chief Financial Officer at Seahawk Drilling. The following year, Mr. Easter was appointed President and CEO of Seahawk. From 2002-2008, Mr. Easter was Vice President of Finance and Treasurer, and then Vice President of Corporate Development and Strategic Planning at McDermott International. Prior this, Mr. Easter was Vice President, Transaction Development and Support, at Reliant Energy Solutions, Inc., part of Reliant Energy.

Vornado Realty Trust (NYSE:VNO) announced that Joseph Macnow has been appointed as the Company’s Chief Administrative Officer, in addition to continuing his role as Executive Vice President – Finance.  Mr. Macnow served as Vornado’s Executive Vice President – Finance and Administration and Chief Financial Officer since 1985. The Company also announced today that Stephen W. Theriot has been appointed as the Company’s Chief Financial Officer (principal financial officer and principal accounting officer).  Prior to joining the Company, Mr. Theriot had been a partner of Deloitte & Touche LLP–having been with Deloitte & Touche LLP since 1986.  Mr. Theriot most recently served as the Managing Partner of Deloitte’s Northeast real estate practice.

Serena Software, Inc. announced that Joseph Passarello’s employment as Senior Vice President, Finance and Chief Financial Officer of Serena terminated. The company also announced that Edward Malysz was appointed as Serena’s acting chief financial officer and principal accounting officer. Mr. Malysz joined Serena in April 2006 as Senior Vice President, General Counsel and Secretary. Mr. Malysz served as Vice President, Legal of Symantec Corporation, a security and storage software company, from July 2005 to April 2006. From April 2002 to July 2005, Mr. Malysz served in various legal roles at VERITAS Software Corporation, including Vice President, Corporate Legal Services. From June 1999 through October 2001, Mr. Malysz served in a variety of roles with E-Stamp Corporation, including Acting Chief Financial Officer and General Counsel. From July 1993 to June 1999, Mr. Malysz held various legal positions with Silicon Graphics, Inc.

Steele Resources Corporation (OTC: SELR) announced that John J. Ryan resigned as the Company’s Chief Financial Officer and as a member of the Board of Directors.

Checkpoint Systems, Inc. (NYSE: CKP) announced the appointment of Jeff Richard as Executive Vice President and Chief Financial Officer. Mr. Richard will replace Raymond D. Andrews who is retiring from Checkpoint on July 31, 2013. Mr. Richard most recently served as Executive Vice President and Chief Financial Officer at Safety-Kleen Systems, Inc. from 2010 to 2013. From 2006 to 2010, Mr. Richard served as Chief Operating Officer and Chief Financial Officer at Pavestone Company. Previously, Mr. Richard was Vice President of Financial Planning & Analysis at Electronic Data Systems Corp. and Chief Financial Officer and Vice President of Americas Operations at Jacuzzi Brands, Inc. Earlier in his career he worked in a variety of financial positions at Tyco International Ltd., ultimately serving as Chief Financial Officer for Tyco’s $2.2 billion Plastics & Adhesives segment.

Oleen Pinnacle Healthcare Consulting announced that Mark Baer has joined as Chief Financial Officer. Prior to joining Oleen Pinnacle, Baer led payroll administration and corporate tax for Allied Wireless Communications Corporation. Baer’s experience also includes tax and accounting leadership roles at Verizon Wireless, Alltel Corporation and Alltel Information Services.

Calvin B. Taylor Bankshares, Inc. (OTC: TYCB) and its wholly-owned subsidiary, Calvin B. Taylor Banking Company of Berlin, Maryland (the “Bank”), appointed M. Dean Lewis  as Principal Financial Officer and Treasurer of the Company, and Chief Financial Officer and Assistant Vice President  of the Bank.  Mr. Lewis succeeds William H. Mitchell who retired from the positions of Principal Financial Officer and Treasurer of the Company, and Chief Financial Officer of the Bank.  Mr. Mitchell will remain a Vice President of the Company and Executive Vice President of the Bank, and was appointed as Chief Operating Officer of the Bank, a newly created position. Mr. Lewis joined the Bank in December 2011 as Financial Officer.  Prior to joining the Bank, Mr. Lewis was employed by the public accounting firm PricewaterhouseCoopers LLP from 2002 to 2010 and served clients in various industries including banking, and most recently held the position of Tax Director.  From 2010 to 2011, Mr. Lewis was the Controller of MaTech Solutions, Inc.

WebMD Health Corp. (NASDAQ: WBMD) announced that the Board had appointed Peter Anevski to serve as Executive Vice President and Chief Financial Officer. Mr. Anevski has served in senior finance and operations roles at WebMD and its predecessor companies for 14 years, most recently as Senior Vice President, Finance for more than five years. Mr. Anevski succeeded Anthony Vuolo, who remains a member of senior management of WebMD, serving as Senior Vice President, focusing on strategic projects.

Craig Wireless Systems Ltd. (TSX: CWG) reported that its Chief Financial Officer, Murray Bamforth’s contract will not be renewed and that Mr. Bamforth will be leaving Craig Wireless effective July 15, 2013.

CFO Moves – week ending May 3, 2013

CFO Moves this week include:

Time Warner Cable Comcast Corporation Yodlee
BioTime, Inc. PDL BioPharma, Inc. Cyalume Technologies Holdings, Inc.
Clean Power Finance bebe stores, inc. AmeriGas Propane Inc.
GEO Semiconductor Inc. Bulova Technologies Group, Inc. ENSERVCO Corporation
FacilitySource Community Trust Bancorp, Inc. SBT Bancorp, Inc.
UQM Technologies, Inc. AdCare Health Systems, Inc. Schedulicity, Inc.
Capital Group Holdings, Inc. FreightCar America, Inc. K12 Inc.
Contec Holdings, Ltd. DICK’s Sporting Goods, Inc. Brand USA
SnapLogic Callidus Software Inc. CVS Caremark Corporation
CKX Lands, 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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Time Warner Cable announced that Arthur T. Minson, Jr. has been named Executive Vice President and Chief Financial Officer. The company also announced that Irene M. Esteves will be leaving the company. Mr. Minson rejoins Time Warner Cable from AOL Inc., where he served since 2009 in a number of senior management roles, including Chief Operating Officer and Chief Financial and Administrative Officer. Mr. Minson joined Time Warner Cable in 2006 as Senior Vice President of Finance and became Executive Vice President and Deputy CFO in 2007. Prior to that, Mr. Minson was Senior Vice President, Corporate Finance and Development at AOL. He’s also held senior finance positions at AMC Networks (formerly Rainbow Media Holdings, Inc.) and Time Warner Inc.

Comcast Corporation (NASDAQ: CMCSA, CMCSK) announced that it has promoted Cathy Avgiris to Chief Financial Officer of Comcast Cable, effective July 1, 2013. Ms. Avgiris is a 21-year Comcast veteran. She succeeds Dave Scott, who is retiring after twenty years with the Company. Prior to joining Comcast in 1992, Ms. Avgiris spent 11 years in finance, serving as Chief Financial Officer of Drexel Industries, Inc., a publicly held company, and as an Audit Manager with Deloitte & Touche.

Yodlee announced that Mike Armsby has been appointed Chief Financial Officer (CFO). Marc Blouin, who has served as interim CFO since October, will transition into his new role as Senior Vice President of Finance. Mike Armsby joins Yodlee after serving as CFO for View, Inc. – formerly Soladigm. Armsby’s professional experience spans 20 years and includes positions at Price Waterhouse, Bain & Company, Synopsys and the position of CFO for PowerLight.

BioTime, Inc. (NYSE: BTX) announced that its Senior Vice President and Chief Operating Officer, Robert W. Peabody, will reassume the additional role of Chief Financial Officer. BioTime’s current Chief Financial Officer, Peter S. Garcia, has resigned his position with BioTime and its subsidiaries effective May 10, 2013. Mr. Peabody previously served as BioTime’s Chief Financial Officer in 2010 and 2011. His experience includes public accounting with Ernst & Young, and as a financial executive for a Fortune 500 specialty chemical manufacturer, and as Vice President of a public biotechnology company.

PDL BioPharma, Inc. (NASDAQ: PDLI) announced that the Company has appointed Peter S. Garcia to the position of vice president, chief financial officer (CFO) and acting chief accounting officer. Mr. Garcia joins PDL from BioTime, Inc. (NYSE: BTX) where he served as CFO since 2011. Between the years of 1996 and 2011, Mr. Garcia was CFO of six biotech and high-tech companies, including Marina Biotech, Nanosys, Nuvelo, Novacept, IntraBiotics Pharmaceuticals and Dendreon Corporation. From 1990 to 1996, he was a finance executive with Amgen.

Cyalume Technologies Holdings, Inc. (OTC: CYLU) announced that it has appointed Michael J. Pellicci as the Company’s Chief Financial Officer. Mr. Pellicci will succeed Michael Bielonko, who will assume the responsibilities of Vice President of Finance. Pellicci most recently held the positions of President, Chief Executive Officer and Chairman of Tropical Shipping and Construction Company Limited. He joined Tropical in March 2006 as its Chief Financial Officer. Prior to Tropical, he was Senior Vice President – Finance and Planning, Treasurer & Chief Accounting Officer at Seabulk International, Inc. Previously, he held several financial positions including Director of Corporate Finance and Corporate Controller at Caraustar Industries, Inc.

Clean Power Finance announced the appointment of Michael Pope as chief financial officer (CFO). Before joining the company, Michael was the COO and CFO of MarketTools.com. Prior to MarketTools.com, Michael served as VP for the office of the CEO of BearingPoint and as president and COO of Network General, which was acquired by NetScout Systems. Before that, he was president and CEO of DigitalThink, EVP and CFO of Dionex, and a bank examiner at the New York Federal Reserve.

bebe stores, inc. (NASDAQ: BEBE) announced that it has promoted Liyuan Woo to the position of Chief Financial Officer (“CFO”). Ms. Woo, who currently serves as the Company’s Principal Accounting Officer and Vice President-Corporate Controller, has been with bebe stores since 2010. As CFO, Ms. Woo will succeed Walter J. Parks, Chief Operating Officer (“COO”) and Chief Financial Officer, who is departing the Company effective May 3, 2013. Prior to joining bebe, Ms. Woo held a Senior Manager position with the accounting firm Deloitte & Touche, LLP in its Mergers and Acquisitions Transaction Services Group.

AmeriGas Propane Inc., general partner of AmeriGas Partners, L.P. (NYSE:APU) announced that Hugh J. Gallagher has been elected vice president – finance and chief financial officer of AmeriGas Propane, Inc. Mr. Gallagher will also continue to serve as treasurer of UGI Corporation and AmeriGas until a successor is named to that position. Mr. Gallagher will succeed John Iannarelli, who previously announced his intention to leave the company. Mr. Gallagher joined UGI Corporation in 1990 and has served both UGI and AmeriGas in various finance, accounting and operations roles including treasurer, director of treasury services and investor relations, director – business development and director – financial planning and analysis.

GEO Semiconductor Inc. announced that Eric Erdman has been appointed Chief Financial Officer. Mr. Erdman most recently served as CFO at ViXS Systems Inc., and previously served as CFO and interim CEO at Genesis Microchip as well as CFO at Silicon Optix Messrs.

Bulova Technologies Group, Inc. (OTC: BLVT) announced that C. William Colburn resigned as Chief Financial Officer of the Company. William McMillen was appointed to serve as the Chief Financial Officer of the Company.

ENSERVCO Corporation (OTCQB: ENSV) announced Robert Devers has been appointed chief financial officer. Devers most recently was an independent consultant to public companies in the mining and beverage distribution industries. From 2007 to 2011 he served as chief financial officer of Silver Bull Resources. Devers also served as senior director of financial analysis and internal audit of The Broe Companies Inc. Devers assumes the CFO role from Rick Kasch, who has been serving dual roles as both president and CFO since July 2011. Kasch will continue in his role as president.

FacilitySource announced the appointments of Amy Bobbitt to the role of Chief Financial Officer. Bobbitt, formerly a manager at Deloitte, has held multiple senior leadership positions over the past 20 years, including that of CFO at Cranial Technologies, Inc., COMSYS IT Partners, Inc., and Pima Capital Development Company, as well as the Corporate Controller position at Amkor Technologies and Rockford Corporation.

Community Trust Bancorp, Inc. (NASDAQ:CTBI) announced that Kevin J. Stumbo has been promoted to the position of Chief Financial Officer. In addition, Mr. Stumbo serves as Executive Vice President and Treasurer of Community Trust Bancorp, Inc., Executive Vice President of Community Trust Bank, Inc., and Vice President of Community Trust and Investment Company. Mr. Stumbo has been with Community Trust for more than 18 years. During that time, his positions have included General Accounting Manager and Controller. Prior to working for Community Trust, Mr. Stumbo was CFO of Our Lady of the Way Hospital and CFO of First Guaranty Bank.

SBT Bancorp, Inc. (OTC: SBTB), the holding company for The Simsbury Bank & Trust Company, announced today that Executive Vice President and Chief Financial Officer, Anthony F. Bisceglio has informed the company of his plans to retire in 2014.

UQM Technologies, Inc. (NYSE: UQM) announced that it has appointed David I. Rosenthal as Treasurer and Chief Financial Officer. Mr. Rosenthal was a director and served as Interim President and Chief Executive Officer of Cyanotech Corporation. Prior to that Mr. Rosenthal served as Chief Financial Officer for Sanz, Inc. and Hickory Farms, portfolio companies of the private-equity firm Sun Capital Partners. Earlier in his career, Mr. Rosenthal served as the Chief Financial Officer of publicly-traded companies including Spectralink Corporation, Startek, Inc., Celestial Seasonings and Hauser, Inc. Mr. Rosenthal will replace Donald A. French, who is retiring after 25 years as the Company’s Chief Financial Officer.

AdCare Health Systems, Inc. (NYSE: ADK) announced that Ronald W. Fleming will join AdCare’s senior management team as Chief Financial Officer. Most recently Mr. Fleming held the position of CFO for the largest oncology physician practice in Georgia.  Prior to that, he was CFO of a skilled nursing startup. The bulk of Mr. Fleming’s experience was as Vice President, Controller and Chief Accounting Officer of Mariner Health Care, Inc.

Schedulicity, Inc. announced the appointment of Joshua Spitzer as CEO. Spitzer previously served as Schedulicity’s COO and CFO.

Capital Group Holdings, Inc. (OTC: CGHC) announced the appointment of Thomas P. Meola as acting Chief Financial Officer and Director of the Company. Mr. Meola is a certified public accountant in Arizona and is the managing member of Tailor Made Business Solutions PLLC (TMBS). Prior to his appointment at Capital Group, Mr. Meola was Vice President of Financial Operations for Vulcan, Inc., between 2006 and 2010. From 2000 to 2004 Mr. Meola served as Senior Vice President of Financial Systems and Global Purchasing for MasterCard International. Prior to MasterCard, Mr. Meola was Vice President of Finance and Corporate Controller of Bowne & Co.

FreightCar America, Inc. (NASDAQ: RAIL) announced the appointment of current Chief Financial Officer Joseph (Joe) E. McNeely to the position of President and Chief Operating Officer. Mr. McNeely has extensive railcar industry experience and has held the position of Vice President of Finance, Chief Financial Officer and Treasurer since 2010. Mr. McNeely joined FreightCar America in 2010 from Mitsui Rail Capital, LLC., where he was Vice President Sales and Marketing. Previously, Mr. McNeely held positions at GATX Corporation, including Vice President Finance for GATX Rail.

K12 Inc. (NYSE: LRN) announced that James Rhyu become Executive Vice President and Chief Financial Officer in early June. Mr. Rhyu joins K12 from Match.com, where he has served as Chief Financial Officer and Chief Administrative Officer since 2011. Prior to his roles at Match.com, Mr. Rhyu was a Senior Vice President of Finance at Dow Jones & Company. Previously, Mr. Rhyu served for three years as the Corporate Controller of Sirius XM Radio Inc. and its predecessor company, XM Satellite Radio, as well as serving in the same role for Graftech International.

Contec Holdings, Ltd. announced the appointment of Jochen Vogt as its new Chief Financial Officer. Prior to joining Contec, Mr. Vogt served as Vice President Operations Finance at Verifone (NYSE:PAY). Prior to that time, Mr. Vogt served in a number of Controller and finance positions at Sanmina-SCI, and Nortel Networks.

DICK’s Sporting Goods, Inc. (NYSE: DKS) announced that Andre J. Hawaux will join the company in June, 2013 as Executive Vice President–Finance, Administration and Chief Financial Officer. Mr. Hawaux was most recently as President, Consumer Foods at ConAgra Foods, Inc.. Previously, he served as ConAgra Foods’ Executive Vice President, Chief Financial Officer from 2006 to 2009. Prior to ConAgra Foods, Mr. Hawaux served as general manager of a large U.S. division of PepsiAmericas and previously served as Chief Financial Officer for Pepsi-Cola North America and Pepsi International’s China business unit. Mr. Hawaux succeeds Timothy Kullman, who is retiring as previously announced.

Brand USA announced Donald Richardson has joined the organization as chief financial officer.  A former partner with KPMG, Richardson was responsible for spearheading service delivery to several non-Department of Defense (DoD) U.S. government agencies, including the Executive Office of the President, the Office of Personnel Management (OPM), the Sergeant at Arms of the Senate, the Pension Benefit Guaranty Corporation, and the Department of Agriculture. Following the spinoff of KPMG to BearingPoint, Richardson served as managing director and partner.  Richardson currently serves on the boards of the DC Public Library Foundation, the YMCA of Metropolitan Washington, the District of Columbia Urban League Finance Committee, and the Shiloh Baptist Church.

SnapLogic announced the appointment of Spencer Punter as chief financial officer. Punter joined SnapLogic from Capital Dynamics where he was managing director, head of US venture capital and responsible for oversight of the firm’s West Coast office. Previously, he held venture capital investment positions with Bay Partners, Bowman Capital and Integral Capital Partners. Earlier in his career, he worked in the technology investment banking group at Morgan Stanley. Punter was also co-founder and chief executive of ApexMD.

Callidus Software Inc. (NASDAQ: CALD) announced the appointment of Bob L. Corey to serve as Senior Vice President, Chief Financial Officer, effective as of May 31, 2013. Prior to joining the Company, Mr. Corey served as the chief financial officer of FrontRange Solutions USA Inc. since May 2012. Prior to FrontRange, he served in various roles at Extreme Networks, Inc. from July 2009 to March 2011, ultimately as interim chief executive officer and executive vice president and chief financial officer. Prior to Extreme Networks, Mr. Corey held a variety of executive positions, including executive vice president and chief financial officer, at Thor Technologies, Inc. from May 2003 to January 2006. Mr. Corey currently serves as a member of the board of directors and as chairman of the audit committee for Apigee Corporation. Mr. Corey is replacing Ronald J. Fior, who has served as the Company’s Senior Vice President, Finance & Operations and Chief Financial Officer for the past ten years.

CVS Caremark Corporation (NYSE: CVS) announced that Laird K. Daniels, formerly Senior Vice President – Controller and Chief Accounting Officer, has assumed the role of Senior Vice President – International Operations and Business Development. In his new role Mr. Daniels will report directly to the Registrant’s President and Chief Executive Officer. The Company also announced that David M. Denton, the Registrant’s Executive Vice President and Chief Financial Officer, has assumed the additional roles of Controller and Chief Accounting Officer.

CKX Lands, Inc. (NYSE : CKX) announced that Brian R. Jones was elected Chief Executive Officer and President of CKX Lands, Inc. Mr. Jones also serves as Chief Financial Officer and Treasurer of CKX Lands, Inc. and has served in this capacity since 2006. Mr. Jones is a certified public accountant and certified fraud examiner and managing member of Brian R. Jones CPA, LLC

CFO Moves – week ending April 26, 2013

CFO Moves this week include:

The Hershey Company Chiquita Brands CNBC
Vonage Holdings Corp. Nutrisystem Avid
Health Revenue Assurance Holdings Inc. EnerNOC, Inc. MicroVision, Inc.
K12 Inc. The RealReal Cox Enterprises, Inc.
Visible Technologies Lumeta Corporation CoverMyMeds, LLC
WebiMax Global Partners LP Datawatch Corporation
Vringo, Inc. The Children’s Place Retail Stores, Inc. Naugatuck Valley Financial Corporation
JGWPT Holdings LLC Viewster Safeguard Scientifics, Inc.
Kastle Systems International Kirby Corporation Champions Oncology, Inc.
Avantair, Inc.

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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO Specialist with Stanton Chase International). Samuel can be reached by email at s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.

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The Hershey Company (NYSE: HSY) announced that Humberto P. Alfonso, will become President, International. Alfonso currently serves as Hershey’s Chief Financial Officer and Chief Administrative Officer. The company also announced that David W. Tacka, will become Senior Vice President, Chief Financial Officer. Tacka has held senior executive positions within the company, including Chief Accounting Officer.

Chiquita Brands (NYSE: CQB) announced the appointment of Rick Frier as the company’s senior vice president and chief financial officer.  He will assume his new position immediately upon the filing of the company’s first quarter financial report and will serve as senior vice president, finance, until that time.  He succeeds Brian W. Kocher who, as previously announced, will become chief operating officer (COO) for Chiquita. Prior to joining Chiquita, he served as director, executive vice president and chief financial officer of Catalina Marketing Corp. Before joining Catalina, he served as director, chief financial officer and chief operating officer of Mattress Discounters Inc., a Bain Capital portfolio company

CNBC announced that KC Sullivan has been appointed President & Managing Director, CNBC International, effective 8 May 2013. Sullivan joined CNBC in August 2009 as Senior Vice President and Chief Financial Officer responsible for leading the finance operation globally for CNBC. Prior to joining CNBC, Sullivan served as Global Supply Chain Finance Manager for GE Healthcare Medical Diagnostics. Sullivan joined GE’s Corporate Audit Staff in 2002. Since October 2012 he has been the CFO of the NBC News Group.

Vonage Holdings Corp. (NYSE: VG) announced the appointment of David T. Pearson as Chief Financial Officer and Treasurer. Mr. Pearson joins Vonage from Deutsche Bank, where he spent more than nine years as a Managing Director and was Global Media & Telecom Group Head. Prior to joining Deutsche Bank, he worked at Goldman, Sachs & Co. for nine years, leaving as a Managing Director in the firm’s Technology, Media & Telecommunications practice.

Nutrisystem (NASDAQ: NTRI) announced that Michael P. Monahan will join the company as Chief Financial Officer effective May 22, 2013. Since 2009 Mr. Monahan has served as Chief Financial Officer of PetroChoice Holdings, Inc. His appointment as Nutrisystem’s CFO represents a return to the company for Mr. Monahan, who served as Nutrisystem’s Vice President of Finance from 2006 to 2009 prior to joining PetroChoice.

Avid (NASDAQ: AVID) announced that John Frederick has become Avid’s executive vice president, chief financial officer and chief administrative officer. Before joining Avid as chief of staff in February 2013, Mr. Frederick was corporate executive vice president and chief financial officer of Open Solutions, Inc., which was acquired in January 2013 by Fiserv, Inc. Ken Sexton will transition from his role as executive vice president, chief financial officer and chief administrative officer to become a consultant with the company. Earlier in his career, Mr. Frederick served as senior vice president and CFO of SafeNet, Inc. Additionally, he held a variety of senior financial, business planning, and analysis roles at organizations including AlliedSignal, now Honeywell, Time Warner – Six Flags, Sunbeam Corporation, and Legrand North America.

Health Revenue Assurance Holdings Inc. (OTC: HRAA) announced the addition of Evan McKeown as Chief Financial Officer (“CFO”). Prior to joining HRAA, Mr. McKeown worked at several companies that include: Perry Baromedical, National Healing Corporation, and Applied Digital.

EnerNOC, Inc. (NASDAQ: ENOC) announced the appointment of Neil Moses as the company’s Chief Financial Officer. Moses spent seven years at PTC, which he joined in 2003 as Executive Vice President and Chief Financial Officer. Following PTC, Moses served as Dunkin’ Brands’ Chief Financial Officer. Prior to PTC, Moses served as executive vice president and chief financial officer at Axcelis Technologies.

MicroVision, Inc. (NASDAQ: MVIS) announced the appointment of Stephen P. Holt, Chief Financial Officer. Holt most recently served as Chief Financial Officer at PixelOptics.

K12 Inc. (NYSE: LRN) announced that Harry T. Hawks, Executive Vice President and Chief Financial Officer, has informed the Board of his plans to leave the Company before the end of the fiscal year. Mr. Hawks joined K12 in 2010 with extensive corporate finance and development experience.

The RealReal announced the appointment of Matthew Gustke as Chief Financial Officer. Gustke joins The RealReal from StubHub, an eBay company, where he was CFO and head of strategy. Prior to StubHub, he spent 9 years at eBay in a variety of roles including investor relations, international finance and CFO for eBay SENE markets.

Cox Enterprises, Inc. announced that Jimmy W. Hayes, president and CEO since 2008, will retire from Cox in April, 2014 as part of the company’s long-term, succession plan. Effective May 1, John M. Dyer will be named chief operating officer of Cox Enterprises and will succeed Hayes as president and chief executive officer upon Hayes’ retirement next year. A 36-year Cox veteran, Dyer currently serves as executive vice president and chief financial officer of Cox Enterprises, a position he has held since 2008. He is a member of the Cox Enterprises board of directors. Douglas E. Franklin will succeed Dyer to become executive vice president and chief financial officer of Cox Enterprises, effective May 1.  Franklin currently serves as president of Cox Media Group, a position he has held since 2011.

Visible Technologies announced the appointment of Laurie Cansler as Chief Financial Officer. Previously she was CFO at Likewise Software, Inc. Prior to her tenure at Likewise, Cansler was an analyst with Brueggerman and Johnson, and spent 11 years at AT&T where she was a Director on the Corporate Finance Team.

Lumeta Corporation announced that Kathy Kinnamon has joined as Chief Financial Officer. Kathy comes from AEP Networks where she successfully completed the sale of AEP Networks to Ultra Electronics Holdings, Plc in September 2011.

CoverMyMeds, LLC announced that Theodore W. Frank has been named chief financial officer (CFO). Prior to CoverMyMeds, Frank was COO/CFO of SparkBase. Before SparkBase, Frank was a venture partner for JumpStart.

WebiMax announced the appointment of Michael Gurzo as Chief Financial Officer. Gurzo comes to WebiMax after spending more than four years as the CFO of Dancker, Sellew & Douglas.

Global Partners LP (NYSE: GLP) announced the retirement, effective June 30, 2013, of Thomas J. Hollister as Chief Financial Officer, Chief Operating Officer and Director. The company has promoted Treasurer Daphne H. Foster to CFO. Foster joined Global in 2007 and was elected Treasurer in 2010. Her experience in the petroleum products industry includes several years as a Vice President in the Energy and Utilities Division of Bank of Boston. She started her banking career in 1982 at Bank of Boston and later joined Citizens Financial Group, where she oversaw the Loan Officer Development Program.

Datawatch Corporation (NASDAQ: DWCH) announced the appointment of James Eliason as Chief Financial Officer and Treasurer.  Most recently he served as CFO of Qvidian Corporation.  From 2008 to 2011, he served as CFO of Desktone, Inc.  From 2004 to 2008, he served as CFO of Empirix, Inc.

Vringo, Inc. (NYSE: VRNG) announced that Anastasia Nyrkovskaya will join the Company as the Chief Financial Officer on May 6, 2013. Ellen Cohl will remain Vringo’s Principal Accounting Officer through the filing of the Company’s quarterly report for the first quarter of 2013 on Form 10-Q on or before May 15, 2013. Ms. Nyrkovskaya has over fifteen years of accounting experience, and most recently served as Vice President and Assistant Global Controller at NBCUniversal. Previously, she was Vice President, Corporate Finance and Business Development, where she structured M&A transactions and partnerships.

The Children’s Place Retail Stores, Inc. (NASDAQ: PLCE) announced that Michael Scarpa, Chief Financial Officer, has also been appointed Chief Operating Officer, effective immediately. Prior to joining The Children’s Place, Mr. Scarpa had more than 30 years of financial and operational management experience, most recently as Chief Operating Officer and Chief Financial Officer of The Talbots, Inc. Prior to Talbots, Mr. Scarpa was Chief Operating Officer of Liz Claiborne, Inc.

Naugatuck Valley Financial Corporation (NASDAQ: NVSL), the holding company for Naugatuck Valley Savings and Loan (the “Bank” or “Naugatuck Valley”), announced the appointment of James Hastings as Chief Financial Officer of both the Company and the Bank. Thomas Van Lenten had been serving as Interim Chief Financial Officer of both the Company and the Bank. Mr. Hastings will also serve as an Executive Vice President of both the Company and the Bank. Mr. Hastings joins Naugatuck Valley from Southern Community Financial Corporation, the holding company for Southern Community Bank and Trust (Winston Salem, North Carolina), where he served as Chief Financial Officer. Earlier in his career he served as President and Chief Executive Officer of Federal Savings Bank (Dover, New Hampshire), Senior Vice President and Director of Mortgage Banking of Cape Cod Five Cents Savings Bank (Orleans, Massachusetts), Chief Financial Officer and Treasurer of Heritage Financial Corporation (Seattle, Washington), Vice President – Finance, Real Estate Group of Seafirst Corporation (Seattle, Washington), and Controller of Seafirst Community Banking Corporation (Seattle, Washington).

JGWPT Holdings LLC, the holding entity for the J.G. Wentworth and Peachtree Financial Solutions companies, announced the appointment of John R. Schwab as Executive Vice President and Chief Financial Officer. John comes to JGWPT Holdings from Expert Global Solutions, Inc., formally NCO Group, Inc., from 2004 until 2012 where he held senior positions including Executive Vice President and Chief Financial Officer and Executive Vice President of Corporate Strategy.

Viewster appointed Helen Biggart as CFO. Biggart previously worked at Touch Clarity. Before this, Helen worked at GE Capital Europe in the corporate acquisitions team and then moved to the private equity group.

Safeguard Scientifics, Inc. (NYSE:SFE) announced that Jeffrey B. McGroarty, who joined the Company in 2005 as Vice President and Corporate Controller, was named Senior Vice President and Chief Financial Officer. Mr. McGroarty succeeds Stephen T. Zarrilli who was named President and Chief Executive Officer of Safeguard in November 2012. Prior to joining Safeguard in December 2005, Mr. McGroarty was interim Controller at Cephalon, Inc. Before that, he was Vice President, Financial Planning and Analysis at Exide Technologies.

Kastle Systems International announced that they have appointed Steve Yevich as their Chief Financial Officer (CFO). Yevich previously served as the ranking finance executive with Brink’s Home Security, becoming Executive Vice President and Chief Financial Officer for Brink’s Home Security Holdings, Inc. until it was acquired by Tyco International in 2010.

Kirby Corporation (NYSE: KEX) announced that Joe Pyne, Kirby’s Chairman and Chief Executive Officer, announced that he has decided to step down as Chief Executive Officer early next year. The company plans that David Grzebinski, Kirby’s current Executive Vice President and Chief Financial Officer. Will be the new CEO at that time.

Champions Oncology, Inc. announced that its Chief Financial Officer and Executive Vice President, Gary G. Gemignani, informed the company of his intention to resign. Mr. Gemignani has agreed to remain as the Company’s Chief Financial Officer for a transition period while the Company searches for a new Chief Financial Officer.

Avantair, Inc. announced that Bret A. Holmes was appointed Chief Financial Officer of the Company. Prior to joining the Company, Mr. Holmes was the Chief Financial Officer at Eleets Transportation Co., Inc. and related entities from June 2009 through December 2012. Mr. Holmes served as Chief Financial Officer for Aslan Development from March 2006 to June 2009 and Chief Financial Officer at Watson Custom Home Builders from October 2004 to March 2006.