CFO Moves – week ending February 7, 2014

CFO Moves this week include:

Techne Corporation Glassdoor Vera Bradley, Inc.
uShip Kindred Healthcare, Inc. Cytec Industries Inc.
VeriTeQ Corporation Broadridge Financial Solutions, Inc. Behan Communications, Inc.
Questcor Pharmaceuticals, Inc. Double Eagle Petroleum Co. Breitling Energy Corporation
GoPro Strategic Products and Services WCCT Global
Craig Wireless Systems Ltd. Emdeon Inc. Bristow Group Inc.
Cross Country Pipeline Supply Co., Inc. CSG International, Inc. Greenbriar Capital Corp.
CVSL Inc. STAG Industrial, Inc. Waterstone Financial, Inc.
Patient Home Monitoring (PHM) MetaPower International, Inc. Eagle Bancorp Montana, Inc.
Nymox Pharmaceutical 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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Techne Corporation (NASDAQ: TECH) announced the appointment of James T. Hippel as Chief Financial Officer (CFO) effective April 1, 2014. Mr. Hippel replaces Greg Melsen who resigned effective February 3, 2014 and who served as Techne’s VP Finance/CFO since December 2004. Since May 2012, Mr. Hippel has served as Senior Vice President and CFO for Mirion Technologies, Inc.  Prior to Mirion, Mr. Hippel served as Vice President, Finance at Thermo Fisher Scientific, Inc.  Mr. Hippel’s experience also includes nine years of progressive financial leadership at Honeywell International, within its Aerospace Segment. Adam Spiegel

Glassdoor, announced the appointment of Adam C. Spiegel as chief financial officer. Prior to Glassdoor, Spiegel served as CFO of RPX Corporation. Spiegel also previously served as CFO for two early-stage life science companies. Earlier in his career, he was an investment banker.

Vera Bradley, Inc. (NASDAQ: VRA) announced that Kevin J. Sierks has been promoted to Executive Vice President, Chief Financial Officer. Sierks joined Vera Bradley in 2011 as Vice President, Controller and Chief Accounting Officer and was appointed interim Chief Financial Officer in January 2013. In the ten years prior to joining the Company, Sierks worked in the medical device industry in finance and accounting positions of increasing responsibility, including Vice President and Corporate Controller of Biomet and Director of Accounting and U.S. Shared Services at Boston Scientific Corporation.

uShip announced that Bob Bearden has joined the company as Chief Financial Officer (CFO). Over the past 20 years, Bearden has served as CFO of Hotels.com, Expedia.com Global Operations, Travelocity.com and IntentMedia.com. He has also held a senior finance position at truckloadsusa.com and a corporate development role at SABRE.

Kindred Healthcare, Inc. (NYSE: KND) announced the appointment of Stephen D. Farber as Executive Vice President, Chief Financial Officer. Mr. Farber succeeds Richard A. Lechleiter, whose previously announced retirement from the Company was effective January 15, 2014. Mr. Farber has more than 20 years of healthcare experience, including serving as Chief Financial Officer for Tenet Healthcare Corp. Most recently Mr. Farber led the successful financial restructuring of Rural Metro, and has been involved in various private equity efforts, including as a healthcare executive-in-residence with Warburg Pincus. Mr. Farber was founder and Chief Executive Officer of Connance, Inc. Mr. Farber began his career as an investment banker with J.P. Morgan and Donaldson, Lufkin & Jenrette.

Cytec Industries Inc. (NYSE: CYT) announced that David M. Drillock, Vice President and Chief Financial Officer, has announced his intention to retire from Cytec effective December 31, 2014, completing a 36 year career with Cytec and its predecessor.

VeriTeQ Corporation (OTC: VTEQ) announced that is has appointed Michael Krawitz its Chief Legal and Financial Officer. The Company’s previous Chief Financial Officer, Lorraine Breece, will remain with the Company in a different capacity. Mr. Krawitz was most recently the Chief Executive Officer of Pear Energy.

Broadridge Financial Solutions, Inc. (NYSE: BR)  announced that Chief Financial Officer Dan Sheldon, after returning from a leave of absence, has stepped down from his position. Mr. Sheldon will remain with the Company in an advisory role through April 11, 2014 to assist with the transition. During Mr. Sheldon’s leave, Michael Liberatore, who until recently served as Chief Operating Officer of Broadridge’s Mutual Fund and Retirement Solutions Group, assumed the role of Acting Principal Financial Officer, and David Lisa, who currently serves as Broadridge’s Corporate Controller, assumed the role of Acting Principal Accounting Officer.  Both Mr. Liberatore and Mr. Lisa will continue to serve in these roles during the transition.

Behan Communications, Inc. announced that Kathy Messina has been promoted to the newly created position of Chief Financial Officer.

Questcor Pharmaceuticals, Inc. (NASDAQ: QCOR) announced the appointment of Rajesh (Raj) Asarpota as the Company’s new Chief Financial Officer.  Michael H. Mulroy, the Company’s current CFO, will become Executive Vice President, Strategic Affairs and General Counsel. Mr. Asarpota joins Questcor from Life Technologies Corporation, where he most recently served in a global leadership role as Vice President, Finance.

Double Eagle Petroleum Co. (NASDAQ: DBLE) announced the appointment of Adam Fenster as Chief Financial Officer (“CFO”).  Mr. Fenster has served as CFO for several companies, most recently for a downstream fuel marketer.  He has provided consulting services in the areas of finance and accounting to several E&P companies, including Antero Resources Corporation, Synergy Resources Corporation, and DCP Midstream, LP.

Breitling Energy Corporation (OTC: BECC) appointed Judson F. Hoover as the Company’s Chief Financial Officer. Since January 1, 2014, Mr. Hoover has been employed by the Company on an interim basis to provide financial and other services to the Company. From December 2004 to March 2007, Mr. Hoover served as CFO for Ness Energy International. From June 2007 to June 2009, he served as Controller for Union Drilling, Inc.

GoPro announced that Jack Lazar has been appointed as the company’s Chief Financial Officer.  Mr. Lazar joins GoPro after serving as Senior Vice President of Corporate Development and General Manager from 2011 to 2013 at Qualcomm Atheros, a subsidiary of Qualcomm, Inc. Previously, he held various executive positions including Senior Vice President Corporate Development, Chief Financial Officer and Secretary at Atheros Communications from 2003 until it was acquired by Qualcomm in 2011.  Prior to this, he served as Executive Vice President and Chief Financial Officer of NetRatings, Inc.  Earlier, he served as Chief Financial Officer and Secretary of Apptitude, Inc. and as Controller and Principal Financial and Accounting Officer for Electronics Imaging. He also serves on the board of directors and audit committees of Silicon Laboratories and TubeMogul.

Strategic Products and Services (SPS) announced that Andrew C. Reiben has joined the company as Chief Financial Officer (CFO). Prior to joining SPS, Reiben served as CFO for Sterling Infosystems, Inc. Reiben also served as CFO for ATC Healthcare, Inc. Reiben’s further experience includes executive leadership roles at CapeSuccess Inc., COMFORCE, and Daystar-Robinson.

WCCT Global announced that Dave Peters joins the executive team as Chief Financial Officer. He joins WCCT Global after being with inVentiv Health where he held several senior positions, including CFO of the CRO segment and Sr. VP of Commercial and Corporate Development. Mr. Peters also was part of ICON Clinical Research for approximately 15 years in a number of roles most recently as Sr. VP of Global Finance.

Craig Wireless Systems Ltd. (TSX-V: CWG) announced that it has appointed Richard Coningham as its Chief Financial Officer. Mr. Coningham has over 15 years of experience in various senior financial roles gained within both publicly listed and privately held organizations.

Emdeon Inc. announced the appointment of Randy P. Giles as Executive Vice President, Finance. After a two month transition period, Emdeon’s current Chief Financial Officer, Bob A. Newport, Jr., will be leaving Emdeon to pursue other interests.  Following Mr. Newport’s departure, Mr. Giles will assume the Chief Financial Officer role. Mr. Giles comes to Emdeon from Coventry Health Care, Inc., where he was Executive Vice President, Chief Financial Officer and Treasurer. Prior to Coventry, Mr. Giles held numerous executive positions over a 14 year period for UnitedHealthcare, a subsidiary of UnitedHealth Group, Inc., including Market CEO and Division/Region CFO for markets in the southern half of the United States.

Bristow Group Inc. (NYSE: BRS) announced that following the retirement on July 31, 2014 of the current President and Chief Executive Officer, Jonathan E. Baliff, Bristow’s Senior Vice President and Chief Financial Officer, will take over that role. Mr. Baliff joined Bristow as Senior Vice President and Chief Financial Officer in 2010.  Previously, he was Executive Vice President, Strategy at NRG Energy Inc. Before joining NRG in 2008, he spent 12 years with Credit Suisse, most recently as Managing Director for the Global Energy Group. Mr. Baliff began his career serving on active duty as an aviator in the U.S. Air Force for eight years from 1985 to 1993.

Cross Country Pipeline Supply Co., Inc. announced it has named Dave D’Angelo as its Chief Financial Officer. Mr. D’Angelo most recently served as controller for Advantage Rent-A-Car. Prior to joining Advantage Rent-A-Car he served as President and Operating Partner with DPD Consulting and SNK Capital LLC. From 1996 to 2010 he held a number of executive financial positions with Hertz Equipment Rental Corp and Hertz Rent-A-Car, including Vice President and Controller of Hertz Equipment Rental Corp from 1998 through 2010.

CSG International, Inc. (NASDAQ: CSGS) announced that David Barnes has joined the CSG International Board of Directors as an independent, Class II board member. Barnes currently serves as the Chief Financial Officer for MWH Global. He brings close to 30 years’ experience in finance and strategic development at companies such as Western Union Company, Radio Shack, Coors Brewing and YUM Brands.

Greenbriar Capital Corp. (OTC: GEBRF) announced the appointment of Kirsten Tompkins as Chairman of its new Financial Advisory Board.  Kirsten’s former position of CFO is awarded to Lisa Dea. Previously, Ms. Dea was the Vice President, Finance and Chief Financial Officer of Silvermex Resources Inc.  Prior to Silvermex, Lisa was the VP Finance and CFO of Polaris Minerals Corporation.

CVSL Inc. (OTC: CVSL) announced that Richard Holt has been named vice president of finance and controller. Mr. Holt has for the past two and a half years served as chief financial officer at Agel Enterprises, which became part of CVSL last September.  He previously spent five years as corporate controller for Raser Technologies, Inc. in Provo, Utah.

STAG Industrial, Inc. (NYSE: STAG) announced that Gregory W. Sullivan, Chief Financial Officer and Executive Vice President of the Company since its initial public offering in 2011, has notified the Company of his intention not to renew his contract at its expiration on April 20, 2014. While Mr. Sullivan has resigned from his position as CFO effective April 21, 2014, he will remain engaged by the Company as its Senior Financial Advisor for one year to ensure a smooth transition.

Waterstone Financial, Inc. (NASDAQ: WSBF) and its wholly owned subsidiary WaterStone Bank SSB (“Waterstone”) announced that Allan Hosack has been appointed Senior Vice President and Chief Financial Officer. Hosack joins Waterstone after working for ten years at Marshall & Ilsley/BMO Harris, where he was most recently the CFO of their Wealth Management and Global Asset Management divisions. Hosack previously served as Director of Planning/Restructuring at Marshall & Ilsley Corporation and Union Planters Bank.  He started his career with the accounting firms KPMG and Ernst & Young.

Patient Home Monitoring (PHM) (TSX-V: PHM) announced that it has appointed Andrew Folmer to the position of Chief Financial Officer. Mr. Folmer has 30 years of experience in finance, including previous work as a CFO, and 15 years of experience in the healthcare industry.

MetaPower International, Inc. (OTC: MTPR) announced the appointment of Stephen C. Ivy to be the Company’s Chief Financial Officer. Mr. Ivy previously served as Vice President of Finance since the Company’s founding in 1996.

Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), the holding company of American Federal Savings Bank, announced that Laura F. Clark is joining Eagle Bancorp as its new Chief Financial Officer, effective March 3, 2014. Formerly, Ms. Clark was Senior Vice President and CFO of the Bank of Bozeman. Her experience spans over 30 years and includes a variety of executive positions with First National Bancorp, Bankers Resource Center, Security Bank, Bank of Montana System and Montana Bancsystem.

Nymox Pharmaceutical Corporation (NASDAQ: NYMX) announced the appointment of Andre Monette as Chief Financial Officer of the Company. Mr. Monette served for seventeen years as Vice President of Finance and Administration for the North American subsidiary of Lombard Odier Group. Prior to joining Nymox he provided corporate consulting services in financial reporting. Mr. Monette replaces departing CFO, Roy Wolvin.

CFO Moves – week ending January 31, 2014

CFO Moves this week include:

Starbucks Coffee Company Elizabeth Arden, Inc. Virgin America
Pinnacle Foods Inc. Abercrombie & Fitch Co. Booz Allen Hamilton
Financial Accounting Standards Advisory Council Riedon Mid-Atlantic Management Corporation
California Republic Bank Papa Murphy’s International Parmenter Realty Partners
Ameriana Bancorp Gilead Sciences, Inc. Clinkle Corporation
Walter Investment Management Corp. Arborwell Metamark Genetics, Inc.
Ross Stores, Inc. Plex Evolution Petroleum Corporation
Titan International, Inc. Fidelity & Guaranty Life Berkshire Hills Bancorp, Inc.
Sorbent Therapeutics, Inc. ClearDATA Networks, Inc. Datapipe
DynaResource, Inc. Vuclip Liberty Coal Energy, Corp.
Tintri, Inc. Harris Teeter Supermarkets, Inc. United Online, Inc.
AGTC Natera Inc. Destination XL Group, Inc.
IID Paul Mueller Company The National Soccer Coaches Association of America (NSCAA)
Sports Authority Inc. Home Care Medical, Inc Applied Predictive Technologies
Stemedica Cell Technologies, Inc. UMB 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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Starbucks Coffee Company (NASDAQ: SBUX) announced that Troy Alstead will be promoted to the newly created position of chief operating officer (coo). Alstead previously served as Starbucks chief financial officer and group president, Global Business Services. Alstead joined Starbucks in 1992. Starbucks senior vice president of Corporate Finance, Scott Maw, will be promoted to executive vice president and chief financial officer. He joined Starbucks as global controller in 2011 and brings more than two decades of finance leadership experience to his new role. Prior to Starbucks, Maw served as cfo of SeaBright Insurance and as cfo of the Consumer Banking division at JPMorgan Chase. He has also held various finance leadership positions at GE and the Retail Banking division of Washington Mutual.

Elizabeth Arden, Inc. (NASDAQ: RDEN) announced the appointment of Rod R. Little as Executive Vice President and Chief Financial Officer effective April 1, 2014. Mr. Little joins Elizabeth Arden, Inc. from Procter & Gamble where, since 2009, he has served as Chief Financial Officer for P&G’s Global Salon Professional division. Prior to that, Mr. Little was the finance leader for P&G’s North America Salon Professional division. He joined P&G in 1997, after serving in the U.S. Air Force for five years.

Virgin America announced that Intel Corp. Executive Vice President and Chief Financial Officer Stacy J. Smith will join the Company’s Board of Directors. Smith currently serves as Intel’s Executive Vice President and Chief Financial Officer.   In addition to his Finance and Information Technology responsibilities, Smith previously also held executive positions in Sales and Marketing at Intel.  Smith joined Intel after receiving his MBA in Finance from the University of Texas in 1988.

Pinnacle Foods Inc. (NYSE: PF) announced the appointment of Jane H. Nielsen, Executive Vice President and Chief Financial Officer of Coach, Inc. (NYSE: COH), to its Board of Directors, effective March 10, 2014.  Ms. Nielsen will be appointed to the Board’s Audit Committee and Compensation Committee. Ms. Nielsen has been EVP & CFO of Coach since 2011.  Prior to that, Ms. Nielsen was Senior Vice President and CFO of PepsiCo Americas, Beverages and Global Nutrition Group, and also held the positions of Vice President of Strategy and Vice President of Investor Relations for PepsiCo.  Ms. Nielsen also held executive management positions in Finance and Strategic Planning at Pepsi Bottling Group.  She began her career in banking in 1986 at CS First Boston Corporation and later worked at global strategy consulting firm Marakon Associates.

Abercrombie & Fitch Co. (NYSE: ANF) announced the promotion of Jonathan E. Ramsden, currently the Company’s Executive Vice President and Chief Financial Officer, to the position of Chief Operating Officer (“COO”), a new role at the Company. Mr. Ramsden has been with Abercrombie & Fitch since December 2008. He previously served as Chief Financial Officer of TBWA Worldwide.

Booz Allen Hamilton Holding Corporation (NYSE: BAH), the parent company of management and technology consulting firm Booz Allen Hamilton Inc., announced that Kevin L. Cook has been named Chief Financial Officer and Treasurer, effective July 1, 2014. The current Chief Financial and Administrative Officer, Samuel R. Strickland, will retire effective June 30, 2014. Cook joined the firm initially in 1986 and returned in 2003 after spending 7 years as senior vice president of client development for JAMIS Software. At Booz Allen, Cook is currently Senior Vice President and Corporate Controller. During his tenure with the firm, he has also managed Booz Allen’s shared services operations.

Financial Accounting Standards Advisory Council (FASAC) has appointed Steven E. Buller, managing director and former chief financial officer of BlackRock, Inc., , has been appointed chairman. His term begins on February 1, 2014, and concludes on December 31, 2015. Mr. Buller succeeds Charles H. Noski, retired vice chairman of Bank of America, whose term as FASAC chairman concluded on December 31, 2013. Mr. Buller will retire from BlackRock, Inc. in early February 2014, after nine years with the firm. He currently is a member of the Standing Advisory Group of the PCAOB. Prior to joining BlackRock, Inc., Mr. Buller was a senior partner at Ernst & Young, serving as its U.S. and global director of asset management services from 1988 to 2005.

Riedon announced the hiring of Greg Wood as the new Senior VP and General Manager. Greg’s most recent manufacturing position was as President and CEO of Surfx Technologies. Prior to Surfx, Greg was the President, CEO, and CFO of Emergent Respiratory Products. In an earlier position, Greg was President and CFO of American Microwave Technology.

Mid-Atlantic Management Corporation, an Associa company, announced the promotion of Patti Baker to Chief Financial Officer. Baker began at Mid-Atlantic as an accounting assistant in 2005, was promoted to staff accountant in 2006. After leaving briefly in 2008, she returned to work for Mid-Atlantic in 2010, again as staff accountant. Before her latest promotion, Baker served as director of financial services for two years.

California Republic Bank (OTC: CRPB) announced the hiring of Mark Olson as its new CFO. The Bancorp also announced that its current CFO, Andy Reid, will stay on as its Chief Accountant and report directly to Mr. Olson going forward. Most recently he served as the CFO of Heritage Oaks Bank in Paso Robles. Prior to that Mr. Olson was the CFO of Santa Barbara Bank & Trust. Prior to Santa Barbara Bank & Trust, Mr. Olson served as Finance Director at Goldman Sachs Bank, USA. He also served as Controller and then later CFO of Westcorp, a holding company for Western Financial Bank and WFS Financial. Mr. Olson began his career at Ernst and Young in 1988 before joining Westcorp.

Papa Murphy’s International announced that Mark Hutchens will join the Company as Chief Financial Officer. Most recently, he served as Vice President, Chief Financial Officer – International for Bloomin’ Brands, Inc. Mr. Hutchens also served on the Boards of Directors for Bloomin’ Brands’ joint venture businesses in China and Brazil. Prior to his role at Bloomin’ Brands, Mr. Hutchens was employed at Office Depot, where he served as Senior Vice President, Controller and Chief Accounting Officer from 2008 to 2012, also having responsibility for shared services and procurement from 2010 to 2012. From 2006 to 2008, Mr. Hutchens served as Senior Vice President Finance, International Division. During that period, Mr. Hutchens served on the Board of Directors of the company’s joint venture in Mexico and Central America. Before joining Office Depot, Mr. Hutchens spent 10 years at YUM! Brands in roles of increasing responsibility, most recently as Assistant Treasurer – Corporate Finance. He was General Auditor from 2003 to 2005 and worked at YUM! Restaurants International from 2002 to 2003 as Director, Mergers and Acquisitions. From 1997 to 2002, he worked in various headquarters finance roles, including Financial Planning and Analysis and Treasury. He began his YUM! Brands career at KFC Corporation in 1996.Prior to joining YUM! Brands, Mr. Hutchens held a variety of roles of increasing responsibility from 1989 to 1996 within the Finance Staff and Product Development functions at Ford Motor Company.Jeffrey Granoff

Parmenter Realty Partners hired Jeffrey B. Granoff as Chief Financial Officer. Granoff comes from Clairvue Capital Partners where he was a Principal. Before that, Granoff held positions at Prudential Real Estate Investors (“PREI”), Arcapita, Inc., and Morgan Stanley in New York and Asia.

Ameriana Bancorp (NASDAQ: ASBI), the holding company for Ameriana Bank, announced that John J. Letter has been promoted to Executive Vice President – Treasurer and Chief Financial Officer.

Gilead Sciences, Inc. (NASDAQ: GILD) announced that Robin Washington, Chief Financial Officer (CFO), has been promoted to Executive Vice President. Ms. Washington joined Gilead in 2008 as Senior Vice President and CFO. Prior to joining Gilead, Ms. Washington was Chief Financial Officer of Hyperion Solutions, which was acquired by Oracle Corporation in March 2007. She previously served in a number of executive positions with PeopleSoft, most recently in the role of Senior Vice President and Corporate Controller. Ms. Washington is a member of the Board of Directors of Honeywell International, the Board of Directors of Salesforce.com and the Board of Visitors, Graziadio School of Business and Management, Pepperdine University. Mike Liberatore

Clinkle Corporation announced the appointment of Mike Liberatore as chief financial officer. Liberatore joins the company from PayPal, where he served as senior director of large enterprise finance and the North America financial planning and analysis (FP&A) group. Earlier, Liberatore was based in Singapore and served as senior director of finance for Asia-Pacific. Before PayPal, Liberatore worked at eBay in several roles, including director of corporate FP&A. Previously, Liberatore held a variety of financial positions at Adobe Systems, Intel Corporation, and Hewlett-Packard.

Walter Investment Management Corp. (NYSE: WAC) announced that Gary Tillett has been hired as the Company’s Executive Vice President and Chief Financial Officer effective after the filing of the Company’s Form 10-K for 2013. Most recently Mr. Tillett led the New York Metro Transaction Services Practice for PricewaterhouseCoopers. Prior to joining the Transaction Services Practice, Mr. Tillett worked in the audit practice for eighteen years serving both publicly traded and privately held clients in the financial services sector.  Brad Carson

Arborwell announced the addition of Brad Carson to the company’s executive team as Chief Financial Officer. Carson has over twenty years in financial management for companies including PABCO Building Products, LLC, and most recently for Allied Propane Service, Inc.

Metamark Genetics, Inc. announced the appointment of Jonathan Lieber as Senior Vice President and Chief Financial Officer. Mr. Lieber brings to Metamark more than a decade of experience as the chief financial officer of emerging life-sciences companies including, Repligen Corporation, Xcellerex (acquired by GE Healthcare), and Altus Pharmaceuticals. Prior to serving as a CFO, Mr. Lieber worked as an investment banker for 10 years.

Ross Stores, Inc. (NASDAQ: ROST) announced that Michael Hartshorn is being promoted to Chief Financial Officer, retaining his Senior Vice President title, effective February 2, 2014. Michael Hartshorn has been Senior Vice President and Deputy Chief Financial Officer of Ross Stores since January 2012. Prior to this, he was Group Vice President, Finance and Treasurer from March 2011 to January 2012 and Vice President, Finance and Treasurer from April 2006 to March 2011. From 2002 to 2006, he served in various management roles in the Ross IT and supply chain organizations. He initially joined the Company in 2000 as Director and Assistant Controller. Mr. Hartshorn began his career at the public accounting firm of Coopers & Lybrand where he spent three years in their audit practice, followed by seven years in various financial roles at the May Department Stores Company.

Plex announced the appointment of Don Clarke to the position of Chief Financial Officer. Most recently, Clarke was CFO at Eloqua. Clarke currently sits on the board of DataRPM.

Evolution Petroleum Corporation (NYSE MKT: EPM) announced that Randall Keys is joining the management team and is expected to be elected by the Board of Directors to the positions of Senior Vice President, Chief Financial Officer and Treasurer following the filing of the Company’s 10-Q for the quarter ended December 31, 2013 and the effectiveness of Sterling McDonald‘s previously announced retirement. Randy will also be elected to the position of Executive Vice President of NGS Technologies, a wholly owned subsidiary of Evolution Petroleum. He previously served as Chief Financial Officer for publicly traded Far East Energy Corp, BPZ Energy, Inc., Core Laboratories N.V. and 3DX Technologies, Inc., and as Treasurer of Norcen Explorer, Inc. Randy also managed financial reporting for Santa Fe Energy and Adobe Resources.

Titan International, Inc. (NYSE: TWI) has promoted Paul Reitz from his current position as Chief Financial Officer of Titan International to the open position of President of Titan International, Inc. The board also approved the appointment of John Hrudicka as Chief Financial Officer of Titan International. Mr. Hrudicka has been the presiding CFO at Elkay Manufacturing since 2010 after joining as Vice President-Finance in 2006. He has spent his 27 year career spanning several industries, working for Motorola, 3Com and Baxter Healthcare in both finance and operations executive leadership roles.

Fidelity & Guaranty Life (NYSE: FGL) announced that Dennis R. Vigneau, the former Chief Financial Officer and Senior Vice President of Kemper Corporation, has joined the Company as Senior Vice President and will assume the position of Chief Financial Officer, effective February 12, 2014. At that time, Wendy JB Young, currently Senior Vice President, Chief Financial Officer, will become Chief Risk Officer for the Company, assuming this role from John O’Shaughnessy, who will continue to serve in his capacity as Senior Vice President and Chief Actuary. Dennis R. Vigneau served as the Chief Financial Officer and Senior Vice President of Kemper Corporation (formerly Unitrin Inc.) from November 2010 to March 15, 2013. Previously, he served as a senior financial executive of American Life Insurance Company, formerly a unit of AIG; as Senior Vice President and Chief Financial Officer of the Retirement and Protection Segment of Genworth Financial and Vice President, Financial Planning for Genworth Financial Holding.

Berkshire Hills Bancorp, Inc. (NYSE: BHLB) announced that it has appointed Josephine Iannelli Executive Vice President, Chief Financial Officer. Ms. Iannelli has served as Berkshire’s Senior Vice President, Principal Accounting Officer and has participated in financial oversight since July 2013. Ms. Iannelli joined Berkshire as Senior Vice President, Chief Accounting Officer in March 2013. She has 20 years of financial and banking experience beginning with KPMG Peat Marwick, LLP and then KeyCorp. She joined National City Corporation in 2002 leading the accounting policy group and served in various roles at the bank up through their acquisition and integration into PNC Financial Services Group, ultimately advancing to the position of Senior Vice President, Loan Purchase Accounting. Since 2010, she had been providing independent accounting consulting services, specializing in finance reengineering and mergers and acquisitions for top ten national banks.

Sorbent Therapeutics, Inc. announced that Tom O’Neil has joined the company as Chief Financial Officer. Previously, Mr. O’Neil was Vice President, Finance & Administration for ChemGenex Pharmaceuticals. Before ChemGenex, he was Vice President, Finance & Administration for Nodality and HX Diagnostics. Prior to that, Mr. O’Neil held several finance roles at Monogram Biosciences, Inc.

ClearDATA Networks, Inc. announced that cloud computing veteran Aaron Barfoot has joined the company as Chief Financial Officer. Previously, Mr. Barfoot was the vice president of finance for Rackspace Hosting. Prior to his term at Rackspace, Mr. Barfoot held senior positions responsible for business and financial planning and analysis with USAA, Transocean Offshore, and Continental Airlines.

Datapipe announced the appointment of Ed O’Hara as the company’s new Chief Financial Officer. Prior to joining Datapipe, O’Hara served as the CFO of Sidera Networks. Previously, O’Hara was the CFO of the Residential and Business Services segment of RCN Corporation. He also has previously held senior-level positions with Putnam Investments and Arthur Andersen.

DynaResource, Inc. (OTC: DYNR) announced the appointment of David S. Hall to the position of Executive Vice-President and Chief Financial Officer of DynaUSA. Mr. Hall was formerly the owner and CEO of the Hall Group CPA’s, in Dallas, Texas, which served as the public auditing firm for DynaUSA since 2004. Mr. Hall’s appointment as Vice President-CFO is expected to commence April 1, 2014. Charles E. Smith, current CFO of DynaUSA, will remain with the Company as corporate secretary, and a member of the Company’s Board of Directors.

Vuclip announced that Apurva Desai has been appointed the company’s new Chief Financial Officer. Desai was most recently Vice-President of Finance for Exponential Interactive. Previously, Desai held leadership roles in finance at Glu Mobile, Yahoo!, and Intel Corporation for over a decade. Desai began his career with Ernst & Young.

Liberty Coal Energy, Corp. (OTC: LBTG) announced the resignation of Its President, and the appointment of CFO Robert T. Malasek to the position of Interim President and CEO. Mr. Malasek joined the company in April of 2011.

Tintri, Inc. announced the appointment of Ian Halifax as Chief Financial Officer. Most recently, Ian was CFO at Host Analytics. Ian also served as CFO at Wind River Systems. Ian also served as a public-company CFO at Micromuse and Macrovision. In the early part of his career, he held finance positions at Sun Microsystems and KPMG.

Harris Teeter Supermarkets, Inc. (NYSE: HTSI) announced the resignation of John Woodlief, Executive Vice President, who has served as Chief Financial Officer since 1999. Prior to that time, he served as managing partner of the PricewaterhouseCoopers Carolinas offices.

United Online, Inc. (NASDAQ: UNTD) announced that Neil P. Edwards, the Company’s Executive Vice President and Chief Financial Officer, will terminate his employment with the company effective as of March 7, 2014 or, if later, the day after the date on which the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 is filed (the “Effective Date”) and he will resign from all of his positions with the Company, including as an officer of the Company.

AGTC announced the appointment of Larry Bullock to the position of Chief Financial Officer. Most recently, Mr. Bullock was Chief Financial Officer and Corporate Secretary at BioMimetic Therapeutics, Inc. From 1996 to 2003, he was with Ribozyme Pharmaceuticals, where he served as Chief Financial Officer. Previously, Mr. Bullock served as Chief Financial Officer at La Jolla Pharmaceuticals, Inc., and as Chief Financial Officer and a Founding Partner of Natural Products, Inc.

Natera Inc. announced the appointment of Herman “Herm” Rosenman to the position of chief financial officer. Mr. Rosenman has served as a member of the company’s board of directors since 2013. He will join the company on Feb. 10, 2014. Mr. Rosenman was most recently the senior vice president of finance and chief financial officer of Gen-Probe Inc. Prior to joining Gen-Probe, he was president and chief executive officer of Ultra Acquisition Corp., and president and chief executive officer of RadNet Management Inc. Before this, he was the chief financial officer of Rexene Corp. Prior to Rexene, Mr. Rosenman was a partner at Coopers & Lybrand (now PricewaterhouseCoopers LLP), where he served numerous Fortune 1000 clients, principally in the pharmaceuticals and telecommunications industries. Mr. Rosenman currently serves as chairman of the audit committees of Oxford Immunotec Ltd., Medistem Inc. and VIVUS Inc., where he is also a member of their compensation committees. In addition, he is a member of the advisory board for Scripps Clinics/Green Hospital in San Diego.

Destination XL Group, Inc. (NASDAQ: DXLG) announced the resignation of its Executive Vice President, Chief Operating and Chief Financial Officer, Dennis Hernreich, and the appointment of Board Member John E. Kyees as Interim Chief Financial Officer. Kyees, who has served on the Destination XL Board of Directors since 2010, was CFO of Urban Outfitters from 2003 until his retirement in 2010, and has served as a senior financial executive at several other prominent retailers.

IID announced the addition of Ben King as the company’s first ever CFO. Ben King most recently was the CFO and COO at PhaseOne Communications. Prior to PhaseOne, King held leadership roles at the Fox Broadcasting Company Digital Group and PricewaterhouseCoopers LLP.

Paul Mueller Company (OTC: MUEL) announced that Marcelino Rodriguez, Chief Financial Officer, will be leaving the company effective February 20, 2014 to become the Controller & Chief Accounting Officer of KMG Chemicals. Mr. Rodriguez joined Paul Mueller Company in 2011 to serve as CFO. Prior to joining Paul Mueller Company, he was the CFO for Lhoist North America. He also served as the Controller for Jose Cuervo International, Controller for the operations division of RG Barry, and held various positions within Harte-Hanks Communications.

The National Soccer Coaches Association of America (NSCAA) has welcomed Greg Hubbard as its new Chief Financial Officer. Hubbard replaces the Association’s first ever CFO, Tammy Reder. Hubbard has 18 years of experience with not-for-profit organizations to the position. Before starting with the Association in December, he spent nearly seven years as CFO with Lyric Opera of Kansas City. Prior to his time at Lyric Opera, Hubbard was the director of finance at the Mid-America Arts Alliance, a federally-funded regional arts organization, with which he spent four years. He also brings experience as a controller at the Douglas County Housing Authority and an audit manager at various audit firms.

Sports Authority Inc. announced that Jeremy Aguilar will join as its CFO. Aguilar comes to the post from Indianapolis-based appliance and electronics retailer HHGregg Inc., where he has been CFO. Aguilar replaces current CFO and chief administrative officer Tom Hendrickson, who has been with the company for 21 years and is retiring. Ann Fabry

Home Care Medical, Inc. announced the promotion of Ann Fabry to Chief Financial Officer and Vice President of Finance and Operations. Hired as Manager of Finance and promoted to Director in 2010, Fabry has been with Home Care Medical since 2002. Her prior work experience includes Supervisor of Financial Reporting at Compcare Health Services.

Applied Predictive Technologies (APT) announced that Jeff Babka will join the company as Chief Financial Officer. Mr. Babka comes to APT from Vibrant Media where he held positions of Chief Financial and Administrative Officer and Chief Operating Officer. Prior to his work at Vibrant, Mr. Babka was CFO of Sophos. Previously, Mr. Babka served as SVP and CFO of NeuStar, Inc.

Stemedica Cell Technologies, Inc. announced that Craig W. Carlson has been appointed the Company’s Chief Financial Officer effective March, 2014. Craig was the Senior Vice President, Chief Financial Officer and Secretary at Talon Therapeutics. He served a similar role as Senior Vice President, Chief Financial and Operating Officer as well as Managing Director U.K. for Cygnus Inc.

UMB Financial Corporation appointed Brian J. Walker as Chief Financial Officer and Chief Accounting Officer. Mr. Walker has served as the Company’s Chief Accounting Officer since June 2007. On January 28, 2014, the Company’s immediate past Chief Financial Officer, Michael D. Hagedorn, was appointed as the President and Chief Executive Officer of the Company’s subsidiary, UMB Bank, N.A., effective January 31, 2014 and will also retain his title as Vice Chairman of the Company.

CFO Moves – week ending January 24, 2014

CFO Moves this week include:

Campbell Soup Company Dell ZoomInfo®
Alcoa Triumph Group, Inc. BMG North America
National Dentex XL Hybrids, Inc. Gateway Mortgage Group
Matrix Systems Advanced Cell Technology MemorialCare Health System
Epic Sciences FirstLight Fiber Reed’s, Inc.
Silver Airways Concert Pharmaceuticals, Inc. Mt. Macrina Manor
Waterstone Financial, Inc. FTI Consulting, Inc. Post University
JTH Holding, Inc. Inteliquent, Inc. Link Staffing Services
LawLogix Group, 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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Campbell Soup Company (NYSE: CPB) announced that B. Craig Owens, Chief Financial Officer and Chief Administrative Officer since 2008, has informed the company of his decision to retire on May 1, 2014. Anthony P. DiSilvestro, Senior Vice President – Finance, has been appointed to succeed Owens as Senior Vice President and Chief Financial Officer, effective on that date. Since joining Campbell in 1996, DiSilvestro has held a wide range of senior roles in the Finance organization and in the company’s principal business divisions, including Treasurer; Controller; Vice President – Finance for Campbell North America; Vice President – Corporate Development and Strategic Planning; and Vice President and Managing Director of Campbell International. He also serves as the senior financial officer for Campbell North America, the company’s largest division. Before joining Campbell, he served in various senior financial roles at Scott Paper Company and as Chief Financial Officer of Mölnlycke A.B. Health Care.Thomas W. Sweet

Dell announced the appointment of Thomas W. Sweet as senior vice president and chief financial officer of Dell. Mr. Sweet, currently vice president, corporate controller and chief accounting officer, succeeds Brian Gladden, who has served as senior vice president and chief financial officer of Dell since 2008. Mr. Gladden, who has chosen to pursue career interests outside of Dell, will remain at the company through the end of February.

ZoomInfo® appointed Paul Boulanger as its new chief financial officer (CFO) and vice president of operations. Prior to joining ZoomInfo, Boulanger was head of operations and emerging platforms at Nokia within the Global App Store. Boulanger also held the role of global CFO of Monster Worldwide Technologies. Prior to that, Boulanger was vice president of mergers and acquisitions for Monster Worldwide. Carol Roberts

Alcoa (NYSE: AA) announced that its Board of Directors has elected Carol L. Roberts a director of the Company and member of the Audit Committee of the Board. Ms. Roberts is Senior Vice President and Chief Financial Officer of International Paper Company (IP). Before being named CFO in 2011, Ms. Roberts led IP’s largest business, the Industrial Packaging Group. She also was Vice President of People Development for three years. Ms. Roberts began her career with IP in 1981 as an associate engineer at the company’s Mobile, Alabama mill.

Triumph Group, Inc. (NYSE: TGI) announced that M. David Kornblatt, Executive Vice President and Chief Financial Officer, will transition from that position next month to become the company’s Director of Corporate Development. He will be succeeded as Chief Financial Officer by Jeffrey L. McRae, currently President of Triumph Aerostructures – Vought Aircraft Division. Most recently, Mr. McRae was named President of Triumph Aerostructures – Vought Aircraft Division in October, 2013, having previously served as President of Triumph Aerostructures – Vought Integrated Programs Division and Chief Financial Officer for Triumph Aerostructures – Vought Aircraft Division, a position he had assumed upon the completion of Triumph’s acquisition of Vought Aircraft Industries, Inc. in June 2010. Prior to the acquisition, Mr. McRae had served as Vought’s Vice President of Business Operations. Prior to joining Vought, Mr. McRae spent 20 years with BAE Systems (formerly United Defense) and its legacy companies, most recently as interim President and General Manager for the Armament Systems Division (ASD). During his career, he held a series of financial management positions, including Director of Finance for ASD, Chief Financial Officer for joint ventures in Turkey and Saudi Arabia, Director of a payroll and benefits shared services center, and Plant Controller for a production facility. Mr. McRae began his career with KPMG.Joe Gillen

BMG has appointed Joe Gillen as Chief Financial Officer of BMG North America, based in New York. Gillen joins from Universal Music Group’s Capitol Music Division (formerly EMI Music North America) where he was appointed SVP Finance in 2007. Previously, he served as VP Finance of Capitol & Virgin Records which he joined in 2004 after a number of senior finance positions at Sony Music Entertainment US.

National Dentex named Mark Brockelman Vice President/Chief Financial Officer. Prior to joining NDX, Brockelman served as the Senior Vice President/Chief Financial and Administrative Officer of the Miami Dolphins and Sun Life Stadium for the past three years. He also served as the Chief Financial Officer at eScreen, Inc. He also served for four years as the Executive Vice President and Chief Financial Officer at Ascend Media LLC. He previously spent five years at American Media, Inc. (AMI). Mark was AMI’s Vice President of Finance and Chief Accounting Officer.

XL Hybrids, Inc. announced it has made a key addition to its executive team with the appointment of Neal C. Isaacson as chief financial officer. Previously, Isaacson served as CFO at Open Blue, Ze-gen and EnerNOC. Isaacson has also served as CFO of Ucentric Systems, and was founder, CFO and director of Cignal Global Communications, Inc.

Gateway Mortgage Group announced Alan Ferree as its new President. Ferree joined Gateway in 2010 as Chief Financial Officer. Replacing Ferree as CFO is Patrick McGowan. Mr. McGowan’s career spans 17 years where he held senior level executive positions for Texas Capital Bank, Centex Home Equity Corporation, Highlands Bank and most recently he was EVP and CFO for Collin Bank.

Matrix Systems has named Kelly Cain as the company’s Chief Financial officer. Prior to joining Matrix Systems, Cain served as Vice President, Sales Operations for Robert Bosch Tool Corp. Previously, she was Chief Financial Officer at CST/berger. During her career, she also held Controller positions at Affiliated Computer Services, Netifice Communications and Remington Medical.

Advanced Cell Technology (OTC: ACTC) announced that Gary Rabin will leave the Chief Executive Officer position. The board has appointed the Company’s CFO and Executive Vice President of Corporate Development, Edward Myles, as interim President.

MemorialCare Health System in Southern California named Karen Testman as its new Chief Financial Officer. Testman, with more than 20 years of health care experience, was most recently MemorialCare’s Senior Vice President of Financial Operations, becoming the Chief Financial Officer (CFO) in late 2013. Since joining MemorialCare in 1998, she has been the CFO at Orange Coast Memorial Medical Center in Fountain Valley and Saddleback Memorial Medical Center in Laguna Hills and San Clemente. Prior to leadership roles at MemorialCare, she spent five years in public accounting as an auditor and began her career as a registered nurse.

Epic Sciences announced the appointment of Michael Rodriguez as chief financial officer. Prior to joining Epic Sciences, Mr. Rodriguez served as chief operating officer of Clarient Diagnostic Services.  Prior to his promotion to COO, he served as CFO, facilitating its sale to GE Healthcare. Prior to Clarient, Mr. Rodriguez served as senior vice president and chief financial officer of Endocare, executive vice president and chief financial officer of Directfit, and senior financial capacities for Tickets.com, and EDiX Corporation.

FirstLight Fiber announced the appointment of Gary Kraemer as its new Chief Financial Officer and Senior Vice President. Mr. Kraemer will assume the CFO role previously held by Sean Socha. After three successful years as CFO for FirstLight, Mr. Socha is relocating back to his hometown to care for his extended family. Prior to FirstLight, Mr. Kraemer was the Vice President and CFO of Fidelis Security Systems from 2008 through its recent acquisition by General Dynamics. Mr. Kraemer’s experience includes Senior Finance and CFO positions with multiple growing technology companies, including Data General, Bay Networks, Sandburst Corporation and Moldflow. Mr. Kraemer began his career at Price Waterhouse.

Reed’s, Inc. (NYSE MKT: REED) announced that its current CFO, James Linesch will be leaving at the end of the month.

Silver Airways named Sami Teittinen as its new Chief Financial Officer. Most recently he served as a CFO for BBA Aviation Flight Support.

Concert Pharmaceuticals, Inc. announced the appointment of Ryan Daws as Chief Financial Officer. Prior to joining Concert he was a Director in the Healthcare Investment Banking Group from 2010 to 2013 at Stifel, Nicolaus & Company, Inc. From 1999 to 2010, he served in positions of increasing responsibility within the Healthcare Investment Banking Group of Cowen and Company, LLC.

Mt. Macrina Manor in Uniontown, Pa. has hired Edward Rutledge as chief financial officer. Formerly, Rutledge held the role of chief financial officer at Centre Crest Nursing Home, a 240-bed facility in Bellefonte, Pa. He previously was the regional controller for Grane Healthcare Company in Pittsburgh, Pa. Rutledge also served as fiscal director for Washington County Health Center in Washington, Pa.

Waterstone Financial, Inc. (NASDAQ: WSBF) announced that Richard C. Larson, the Company’s Chief Financial Officer, has announced his resignation, effective February 7, 2014.

FTI Consulting, Inc. (NYSE: FCN) announced that the appointment of Nicholas C. Fanandakis as a director of the Company. Mr. Fanandakis is the Executive Vice President and Chief Financial Officer of E. I. du Pont de Nemours and Company (“DuPont”), assuming that position in November 2009. Prior to becoming Chief Financial Officer in November 2009, he served as Group Vice President of DuPont Applied BioSciences from 2008 to 2009. He also served as Vice President and General Manager of DuPont Chemical Solutions Enterprise from 2003 until February 2007 when he was named Vice President of DuPont Corporate Plans. Mr. Fanandakis joined DuPont in 1979.

Post University announced that Richard Volk, has been named Chief Financial Officer of the University. Scott Allen, who has served as CFO since 2011 and has held a number of other essential positions at Post for the last 15 years, has assumed the role of Chief Administrative Officer. Prior to joining Post, Mr. Volk served as the Vice President of Budgeting, Planning, and Analysis at Grand Canyon University. He also spent five years in the U.S. Navy and worked in various senior financial roles in the telecommunications industry.

JTH Holding, Inc. (NASDAQ: TAX), the parent company of Liberty Tax Service, announced that Kathleen Donovan will assume the position of Chief Financial Officer (CFO). As previously announced, the Company is restructuring the CFO position and Ms. Donovan’s hiring completes that process. Mark Baumgartner, the Company’s current CFO, will continue in his role of Chief Executive Officer of the Company’s JTH Financial subsidiary as planned. Ms. Donovan has over 30 years of financial experience including 12 years as a CFO, most recently with Catapult Learning, LLC. Previously, she served as the CFO for Medquist, Inc. and Dendrite International and also held various finance positions with Unisys.

Inteliquent, Inc. (NASDAQ: IQNT) announced that Kurt Abkemeier has been appointed Chief Financial Officer and Executive Vice President. Eric Carlson, Inteliquent’s interim principal financial officer and interim principal accounting officer from August 2013 until Mr. Abkemeier’s appointment, will continue to serve as Inteliquent’s Controller. Prior to joining Inteliquent, Mr. Abkemeier served as the Vice President of Finance and Treasurer of Cbeyond, Inc. from 2005 to 2012. Prior to Cbeyond, Inc., Mr. Abkemeier was the Director of Finance and Strategic Planning at AirGate PCS, Inc. Mr. Abkemeier also held various senior management positions within telecommunications-related companies and was a senior sell-side research analyst at J.P. Morgan & Co. analyzing telecommunications companies.

Link Staffing Services announced that Former Chief Financial Officer for the organization, Greg Mabry was named President of following the retirement of former president Frank Mastalski on December 31. Mabry took over as President on Wednesday, January 1 according to a company spokesperson. Mabry has spent the past two-and-a-half years as CFO for Link Staffing. Prior to his service with Link Staffing, he served as Treasurer for MMI Products and as CFO for Merchant Metals, a division of CRH Oldcastle. His background includes additional financial leadership roles in other notable organizations such as International Paper Company, Mitchell Energy and Development Corp., and Conoco Chemicals Company.

LawLogix Group, Inc. announced the appointment of Chris Scoggin as Chief Financial Officer. Mr. Scoggin joins LawLogix from Blue Group Media, where he served as Chief Financial Officer.

CFO Moves – week ending January 17, 2014

CFO Moves this week include:

General Motors Express Scripts Holding Company RadioShack Corporation
Freescale Semiconductor, Ltd. ZeOmega, Inc. Bartech
Rightside Quaker Steak & Lube® STV
FAL Foods USA Inc. Cardinal Energy Group, Inc. Infinera
Hacker Group USMD Holdings, Inc. Medallia
Cat Auction Services Devon Energy Corporation CallFire
Advanced Content Services, Inc. Electronics For Imaging, Inc. Heritage Oaks Bancorp
GT Advanced Technologies Inc. Susquehanna Bancshares, Inc. Excelsior Mining Corp.
CymaBay Therapeutics, Inc. SMTP, Inc. Agility Health, 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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General Motors Co. (NYSE: GM) named Chuck Stevens as executive vice president and chief financial officer, effective Jan. 15. He replaces Dan Ammann, who becomes company president on Jan. 15. Stevens was previously CFO of GM North America. Stevens became CFO of GM North America in January 2010. He was also interim CFO of GM South America from December 2011 to January 2013.Stevens previously held leadership positions in China, Singapore, Indonesia and Thailand. He began his career at Buick Motor Division in 1983. John Stapleton, currently CFO of GM Global Manufacturing, will replace Stevens as CFO of North America. Stapleton has more than 24 years of financial experience at GM.

Express Scripts Holding Company (NASDAQ: ESRX) announced that Cathy R. Smith will join the company as Executive Vice President and Chief Financial Officer, effective February 10, 2014. She will join Express Scripts from Walmart, where she has been executive vice president of strategy and chief financial officer for Walmart International since February 2010. Before joining Walmart, she was executive vice president and chief financial officer at GameStop. Prior to GameStop, she held executive vice president and chief financial officer roles at Centex Corp., and Kennametal.

RadioShack Corporation (NYSE: RSH) announced the appointment of John W. Feray as its new Executive Vice President and Chief Financial Officer effective February 6, 2014. Mr. Feray joins RadioShack from Dollar General Corporation, where he has been Senior Vice President-Finance and Strategy since 2008. Prior to joining Dollar General, Feray served as Senior Vice President and Chief Financial Officer of First American Payment Systems. Before that he spent several years as Senior Vice President and Chief Financial Officer of Haggar Corporation. RadioShack’s Interim CFO Holly Etlin will continue to work with the Company as a member of the AlixPartners team advising the company on its operational turnaround.

Freescale Semiconductor, Ltd. (NYSE: FSL) announced that it has launched a formal process to identify a successor to Alan Campbell, chief financial officer, who has announced his decision to retire from the company. Campbell will continue in his role as CFO during the transition. Campbell joined Motorola in 1979 and became the chief financial officer of its Semiconductor Products Sector in 2000.

ZeOmega, Inc. announced that Steve Lerch has joined the ZeOmega team as senior vice president and chief financial officer for the company. Lerch joins ZeOmega from MedeAnalytics, where he was senior vice president and general manager for the company’s Provider Solutions Business Unit. He had served initially as chief financial officer for MedeAnalytics. Lerch began his career in public accounting and was a business assurance partner with Coopers & Lybrand, now PricewaterhouseCoopers. Prior to joining MedeAnalytics, he worked with three publicly-held companies, serving as chief revenue officer for Inuvo, the EVP, CFO and COO for Workstream, and the EVP, CFO, and COO for Rewards Network.

Bartech announced that James (Jim) Hanrahan, has been appointed executive vice president and chief financial officer (CFO). Most recently, Hanrahan served as executive vice president and general manager for a division of CDI Corporation. Hanrahan started his professional career as an engineer for UOP Process Division of Allied Signal/Honeywell.

Rightside, the domain name services division of Demand Media (NYSE: DMD), announced the recent appointment of Tracy Knox as Chief Financial Officer (CFO). Most recently, Knox was CFO for private equity-backed A Place for Mom, Inc. During her career, Knox served as the CFO of Drugstore.com. Prior to joining Drugstore.com, Knox worked for Western Wireless International as the Director of International Accounting where she managed the company’s global financial operations.

Quaker Steak & Lube®announced that Frederick Dreibholz, current chief financial officer, has been named interim chief executive officer. Dreibholz replaces John Longstreet who is stepping down as chief executive officer.  After serving on the board of directors since 2004, Longstreet became chief executive officer in 2010. Dreibholz joined Quaker Steak & Lube® in November 2012 as chief financial officer.  Prior to The Lube®, Dreibholz held the position of chief financial officer for several restaurant groups, including Flik International, Champps Entertainment and Souper Salad.

STV announced that Thomas W. Butcher has joined as chief financial officer. Prior to joining STV, he was the chief financial officer and treasurer of a privately-held civil engineering firm. Butcher began his career with the global accounting firm Ernst & Young, LLP. Butcher is replacing Peter W. Knipe, who retired from STV as CFO after 34 years with the firm. Knipe will continue to consult with the firm and will remain a member of STV’s Board of Directors.

FAL Foods USA Inc. appointed Corey M. Aronin as Chief Financial Officer. Most recently he served as the CFO to an international manufacturer of frozen baked desserts.

Cardinal Energy Group, Inc. (OTC: CEGX) announced that it has appointed John Jordan as Chief Financial Officer for the Company. Mr. Jordan will replace Daniel Troendly who has resigned due to health reasons. Mr. Jordan spent over 36 years with Unocal Corporation and its successor Chevron Corporation in various assignments within the Comptroller’s Department.

Infinera (NASDAQ: INFN) announced the appointment of Brad Feller as Senior Vice President of Finance. He joins Infinera following more than five years in senior finance positions at Marvell Technology Group. Mr. Feller most recently served as Marvell’s interim chief financial officer. It was also announced that effective March 1, 2014, Mr. Feller will become Infinera’s CFO, replacing Ita Brennan, who previously announced her resignation effective February 28, 2014. Ms. Brennan will continue to direct Infinera’s finance activities as CFO until her departure date. Prior to Marvell, Mr. Feller served as the corporate controller of Integrated Device Technology and in various roles at Ernst & Young LLP in the high technology.

Hacker Group announced that Richard Jacroux has been named its new Chief Financial Officer (CFO). Jacroux has held CFO positions since 2006, at Cole & Weber, Inc, Light Doctor, LLC, and most recently at Digital Kitchen LLC.

USMD Holdings, Inc. (NASDAQ: USMD) announced that Carolyn Jones has been appointed Chief Financial Officer and Executive Vice President. Prior to becoming CFO of USMD and joining the USMD executive management team, Jones served as USMD interim CFO. Previously, Jones was affiliated with the Tatum division of Ranstand Professionals US, LP. During her time there, she completed assignments as interim vice president of Financial Planning & Analysis for Tenet Healthcare and interim CFO of the Dallas Independent School District. Prior to her time with Tatum, Jones served as co-founder of Jones & Co., a financial consulting firm. She also has experience serving as vice president of Financial Planning & Analysis for PacificCare of California. Additionally, Jones has held financial and accounting positions with PriceWaterhouseCoopers and First Interstate Bank.

Medallia® announced the appointment of Chris Watts as Chief Financial Officer. Watts joins Medallia from Workday where he was vice president of finance. Prior to Workday, Watts held management and executive-level finance positions in Europe and the U.S. at eBay, Commerce One, PricewaterhouseCoopers, and VUDU.

Cat Auction Services (CAS) announced that Gary Trettel, previously its Chief Financial Officer and General Manager, will take over as the company’s new President and CEO. Prior to joining CAS in 2010, Trettel spent 11 years with Mohawk Moving & Storage-United Van Lines, serving as its controller, EVP and then finally the President and CEO, before leaving in 2010.

Devon Energy Corporation (NYSE: DVN) announced that Thomas L. Mitchell will be joining the company as executive vice president and chief financial officer. Most recently, after playing an instrumental role in taking Midstates Petroleum Company public, Mitchell served as vice president, CFO and as a director of Midstates. From 2006 to 2011, he served as senior vice president and chief financial officer of Noble Corporation. Prior to joining Noble, he was employed by Apache Corporation for 18 years in various financial and commercial roles. In a related move, Devon’s incumbent CFO, Jeff Agosta, is leaving to pursue other interests.

CallFire announced that Charles Hilliard has been named to its board of directors. Hilliard was the former president and CFO of Demand Media, advisor to DropBox, and CFO of United Online, Inc. (NASDAQ: UNTD) and NetZero.

Advanced Content Services, Inc. (OTC: ADCS) announced that Jim DiPrima is currently serving as the company’s CFO. Mr. DiPrima has served as chief executive officer of MBD Midwest. Mr. DiPrima has approximately 18 years working in various positions with public traded companies.

Electronics For Imaging, Inc. (NASDAQ: EFII) announced the appointment of David Reeder as Chief Financial Officer. Reeder most recently held the position of VP, Finance of Cisco’s System’s Enterprise Networking Division. Prior to that role, Reeder served at Broadcom Corporation as Vice President & Managing Director, Asian Operations, after serving as Controller for Broadcom’s U.S. Manufacturing and Operations. Before joining Broadcom Reeder held various financial and operational positions with Texas Instruments. Marc Olin, who has served as the Company’s Interim Chief Financial Officer since September, 2013, has been appointed to the newly created role of Chief Operating Officer. Marc Olin joined EFI in 2003 when the Company acquired PrintCafe, where he was CEO and Co-Founder.

Heritage Oaks Bancorp, the holding company for Heritage Oaks Bank (NASDAQ: HEOP) announced that the Company’s and the Bank’s Executive Vice President and Chief Financial Officer, Mark Olson, has tendered his resignation effective January 31, 2014. In the interim, Simone Lagomarsino, an experienced financial services executive who has previously served as a chief financial officer at other institutions, will assume Mr. Olson’s duties and she will serve as President, Chief Executive Officer and Interim Chief Financial Officer.

GT Advanced Technologies Inc. (NASDAQ: GTAT) announced a chief financial officer transition. CFO Richard Gaynor resigned, effective March 6, 2014, to accept a new position with a portfolio company of New Mountain Capital LLC, a private equity firm. The company also announced the appointment of Raja Bal as vice president, corporate controller and chief accounting officer. Bal will succeed Gaynor as CFO of GT on March 7. Bal was at Skyworks Solutions Inc. for the last 12 years and served as corporate controller and in a number of other senior finance positions, including director of corporate development with responsibility for strategic planning and mergers and acquisitions. Bal previously held positions with Lucent Technologies and Ernst and Young. Michael Harrington

Susquehanna Bancshares, Inc. (NASDAQ: SUSQ) announced that Executive Vice President and Treasurer Michael W. Harrington also assumed the role of Chief Financial Officer following the retirement of Drew K. Hostetter from the role of CFO at the end of 2013.

Excelsior Mining Corp. (OTC: EXMGF) announced the appointment of Sonya Atwal as Chief Financial Officer of the Company. Ms. Atwal previously served as Chief Financial Officer of Excelsior from 2007 to 2011 and as Corporate Secretary from 2009 to 2010. She has also acted as Chief Financial Officer and Controller with numerous other public and private companies. Ms. Atwal replaces Samuel Yik as Chief Financial Officer.

CymaBay Therapeutics, Inc. announced that Sujal Shah has been appointed Chief Financial Officer. Mr. Shah served as a consultant and acting Chief Financial Officer since June 2012. Prior to joining CymaBay, Mr. Shah served as Director, Health Care Investment Banking at Citigroup from 2010 to 2012. From 2004 to 2010, Mr. Shah was employed with Credit-Suisse, last serving in the capacity as Vice President, Health Care Investment Banking.

SMTP, Inc. (OTC: SMTP) announced the appointment of Lewis Moorehead as SMTP’s new Chief Financial Officer. Most recently, Mr. Moorehead was VP of Finance and Principal Accounting Officer of Limelight Networks. Previously, Mr. Moorehead was VP and Chief Accounting Officer of eTelecare Global Solutions. Mr. Moorehead began his career at PricewaterhouseCoopers, and after nine years of service he joined American Express as Vice President and Controller.

Agility Health, Inc. (TSX-V: AHI) announced that Adam Kinder has been appointed as the Company’s interim Chief Financial Officer. Mr. Kinder is replacing Michael Valdes, who has resigned as the Company’s Chief Financial Officer to pursue other interests. Mr. Kinder has been serving as Agility Health’s Director, Accounting and Finance. Prior to accepting his position with Agility Health, Mr. Kinder worked for Crowe Horwath, LLP.

CFO Moves – week ending January 10, 2014

CFO Moves this week include:

Watts Water Technologies, Inc. The Madison Square Garden Company The Henry Ford
Amneal Pharmaceuticals LLC Frontier Utilities, LLC Sterling Infosystems
Nintex Gravitant Boart Longyear Limited
Emulex Corporation Spherix Incorporated Kite Pharma, Inc.
AutoNation, Inc. Bunge North America Capital Insurance Group
Evolution Petroleum Corporation Velti plc Agree Realty Corporation
Blyth, Inc. Marinus Pharmaceuticals, Inc. Pericom Semiconductor Corporation
AmeraMex International, Inc. Telx New Relic
Planet Payment, Inc. Reterro, Inc. Town Sports International Holdings, Inc.
EmployBridge Littelfuse, Inc. Torrington Savings Bank
Amgen JBT Corporation Infinity Augmented Reality, Inc.
Algeco/Scotsman Holding S.à r.l. International Commercial Television, Inc. The Hignell Companies
Fred’s Inc. Global Geophysical Services, 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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Watts Water Technologies, Inc. (NYSE: WTS) announced that the Board of Directors has named Dean P. Freeman, currently the Company’s Executive Vice President and Chief Financial Officer, as interim President and Chief Executive Officer. Freeman joined the Company in October 2012 and was appointed Executive Vice President and Chief Financial Officer in November 2012. Mr. Freeman previously served as Senior Vice President of Finance and Treasurer of Flowserve Corporation from October 2009 to October 2011. Also while at Flowserve, Mr. Freeman served as Vice President, Finance and Chief Financial Officer of the Flowserve Pump Division from 2006 to October 2009. Prior to Flowserve, Mr. Freeman served as Chief Financial Officer, Europe for The Stanley Works Corporation. Mr. Freeman also served in financial executive and management roles of progressive responsibility with United Technologies Corporation and SPX Corporation.

The Madison Square Garden Company (NASDAQ: MSG) announced that Bob Pollichino will retire as executive vice president and chief financial officer in the fall of 2014. Until then, Mr. Pollichino will continue with the company, while assisting with the search for his successor, which the company is commencing. After his retirement, Mr. Pollichino will continue to advise MSG as an active consultant for 12 months. Brent Ott

The Henry Ford has promoted Brent Ott to Chief Financial Officer. Ott has served as manager of financial strategy and analysis for The Henry Ford since 2011. Ott started his career with The Henry Ford in 2000 and began working in the finance department in 2005 as financial analyst for the institution.

Amneal Pharmaceuticals LLC announced that Rochelle Fuhrmann has joined the fast-growing generics manufacturer as Chief Financial Officer. Ms. Fuhrmann was most recently Senior Vice President, Finance at Warner Chilcott plc. Prior to Warner Chilcott, Ms. Fuhrmann held various positions in finance, corporate accounting, and investor relations at AT&T Inc. She began her career at Coopers & Lybrand LLC (now PriceWaterhouseCoopers) in Boston.

Frontier Utilities, LLC announced that Chris Weaver has joined its executive team as Chief Financial Officer. Mr. Weaver joins Frontier Utilities from AP Gas & Electric LLC where he was Controller and then Chief Financial Officer before becoming Chief Executive Officer. Prior to AP Gas & Electric, he spent several years with Deloitte where he managed audit services to utility and power generation clients.

Sterling Infosystems announced Daniel P. O’Brien as its new Chief Financial Officer. Before joining Sterling, O’Brien spent much of his career in the telecommunications industry as CFO of Hawaiian Telcom Holdco, a former Verizon subsidiary, and Global Crossing, a subsidiary of Level 3. Earlier in his career, he led the initial public offering of Genuity Corporation as its Chief Financial Officer. He also served as CFO for GTE Corporation, taking a leading role in its merger with Bell Atlantic. This merger led to the formation of Verizon. Most recently, O’Brien served as CFO of Jackson Hewitt.

Nintex announced that Eric Johnson has joined the company as chief financial officer. Johnson comes to Nintex from Jive Software, where he served as vice president of finance. Prior to joining Jive, Johnson spent seven years at Serena Software, holding financial and operational leadership positions, including director of finance and accounting for the Americas and Asia Pacific and vice president of worldwide sales operations. Johnson also held finance positions with Sequent Computer Systems, which was acquired by IBM, and with InFocus.Ken Kieley

Gravitant® announced it has hired Ken Kieley as its Chief Financial Officer. Prior to joining Gravitant, Ken was Senior Vice President of Finance at RetailMeNot. Prior to RetailMeNot, Ken was CFO of a number of networking and software companies including Uplogix, Wayport (which was acquired by AT&T) and Netsolve (which he led to a successful IPO and subsequent sale to Cisco).

Boart Longyear Limited (ASX: BLY) announced that Jeffrey Olsen will be joining the Company as its Chief Financial Officer effective April 1, 2014, replacing Jay Clement who was Acting CFO. Jeff has served as Chief Commercial Officer for Rio Tinto’s Iron & Titanium business since 2010. Prior to that time, he was Chief Financial Officer for Rio Tinto’s Borax and Minerals divisions for approximately eight years and held other financial roles at Rio Tinto for another six years earlier in his career. Jeff’s experience also includes financial roles at General Chemical Corporation and Xerox Corporation in the United States.

Emulex Corporation (NYSE: ELX) announced the appointment of Kyle B. Wescoat as Senior Vice President (SVP) and Chief Financial Officer (CFO). In addition, Wescoat has also assumed the role of Emulex Treasurer. Wescoat comes to Emulex with more than 25 years of CFO experience in a variety of well-regarded private and public companies, including Orange County companies VIZIO, VANS, and most recently, Skullcandy.

Spherix Incorporated (SPEX) announced that it has appointed Richard Cohen as its Chief Financial Officer. Mr. Cohen joins Spherix after spending three years with CorMedix Inc., where he served as President, and a member of its board.  Mr. Cohen was also a member of the board of directors of Dune Energy Inc. from 2008-2012 and served as a director and Chairman of the Audit Committee of Rodman and Renshaw from 2008 to 2012.  Mr. Cohen replaces Michael Pollack who was serving as Interim Chief Financial Officer of Spherix.

Kite Pharma, Inc. announced the appointment of Cynthia M. Butitta to the newly created position of Executive Vice President and Chief Financial Officer.  Prior to joining Kite, Ms. Butitta served as Senior Vice President, Chief Financial Officer of NextWave Pharmaceuticals. Previously, she was Chief Financial Officer and Chief Operating Officer of Telik, Inc.  Previously, she served as Vice President of Finance and Administration and Chief Financial Officer for Connetics, Inc.

AutoNation, Inc. (NYSE: AN) announced that Cheryl Scully, Vice President and Treasurer of the Company, was appointed interim Chief Financial Officer while the Company conducts a search for a new Chief Financial Officer.  Mike Short, the Company’s Chief Financial Officer, left the Company.

Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG) announced that it has promoted George Allard to vice president and chief financial officer.  Allard replaces Todd Bastean who was promoted to chief executive officer for Bunge North America effective June 1, 2013. Allard joined Bunge in 2004 as treasurer of Bunge North America.  He then served as chief financial officer for the company’s Canadian operations and for Bunge Latin America before returning to Bunge North America where he served as head of North America’s milling operations before moving to his most recent role as vice president and general manager of North America’s oils business.

Capital Insurance Group® (CIG) announced the appointment of Davis “Gray” Tyndall as Vice President and Chief Financial Officer, effective January 1. Tyndall will succeed retiring VP and CFO Bob Erickson. Tyndall joined CIG in 2008 as the Accounting Manager, later attaining the position of Controller and Assistant Treasurer in 2011. Prior to joining CIG, he served as the Controller and Human Resource Manager for Public Risk Underwriters.

Evolution Petroleum Corporation (NYSE MKT: EPM) announced that Vice President, Chief Financial Officer and Treasurer, Sterling McDonald, who will turn 65 in 2014, has informed the Company of his intention to retire pending his replacement. Mr. McDonald has served as CFO and Treasurer since 2003 and was the second employee hired by the Company.

Velti plc announced that Jeff Ross has resigned his position as chief financial officer.

Agree Realty Corporation (NYSE: ADC) announced the appointment of Brian R. Dickman as Chief Financial Officer and Secretary, effective on February 11, 2014.  Alan D. Maximiuk, the Company’s current Chief Financial Officer, will remain with the Company as Vice President, Finance & Accounting. Dickman most recently served as a Director in the Real Estate Investment Banking Group at RBC Capital Markets.  Mr. Dickman previously held similar positions at Lehman Brothers and Barclays.

Blyth, Inc. (NYSE: BTH) announced that William C. Looney has been named Chief Financial Officer of PartyLite, its direct seller of candles and accessories for the home. Mr. Looney joined PartyLite in 2003 as Vice President, Worldwide Finance and, in September of 2008, was promoted to Senior Vice President, Worldwide Finance.  Prior to joining PartyLite, Looney was the U.S. Controller for Serono, Inc.  He also held a number of senior finance positions with The Gillette Company from 1990 to 2002.

Marinus Pharmaceuticals, Inc. announced the election of Edward F. Smith to serve as Chief Financial Officer. He was previously Chief Financial Officer of PolyMedix, Inc. and held positions of increasing responsibility at InKine Pharmaceutical, until its acquisition by Salix Pharmaceuticals, and in public accounting, most recently in the audit practice at Deloitte.

Pericom Semiconductor Corporation (NASDAQ: PSEM) announced that it has appointed James B. Boyd to the position of Senior Vice President and Chief Financial Officer.  Mr. Boyd spent three years as chief financial officer for Silicon Storage Technology. Prior to that, Mr. Boyd spent seven years as chief financial officer of ESS Technology. Earlier, he was chief financial officer for Gatefield Corporation.

AmeraMex International, Inc. (PINK: AMMX) named Kevin Atkin as its chief financial officer and a member of its board of directors. Mr. Atkin has been working with AmeraMex International as a financial consultant since September 2013. Before joining AmeraMex International, Atkin was the president of Strategic Partners Global Solutions, LLC. He began his career in 1986 with Bank of America. Prior to Strategic Partners Global Solutions, he held the positions of financial director, CFO and general manager, COO and treasurer and director of finance and operations for a number of companies with locations on the West Coast.

Telx® announced that John Abbot has joined the company as Chief Financial Officer. Abbot joins Telx from Insight Communications, where he served as Executive Vice President and CFO. After working with Insight on its IPO as a banker, he joined the company as CFO in 2004. Prior to Insight, John worked for 12 years as an investment banker at Morgan Stanley and Goldman Sachs.

New Relic announced that Sarah Friar, Chief Financial Officer and Operations Lead at Square, has joined the software analytics company’s Board of Directors. Friar also held held roles at salesforce.com, Goldman Sachs and McKinsey & Company.

Planet Payment, Inc. (NASDAQ: PLPM) announced that the Company has appointed Robert J. Cox as Chief Operating Officer of the Company. Mr. Cox will also continue in his role as Chief Financial Officer. Mr. Cox has served as Senior Vice President, Chief Financial Officer and Treasurer since November 2009 and will continue to serve in such roles following his appointment as Chief Operating Officer. From June 2009 to November 2009, Mr. Cox served as the Chief Financial Officer of Harris Interactive, Inc. From 2001 to May 2009, Mr. Cox served as the Chief Financial Officer of DealerTrack Holdings, Inc. He began his career as a Certified Public Accountant in the audit practice at KPMG LLP.

Reterro, Inc. announced that Martin Gardner has joined the Company’s executive leadership team as its Chief Financial Officer. Mr. Gardner most recently served as Corporate Controller for Erickson Air-Crane Incorporated.  Prior to his tenure at Erickson, Mr. Gardner served as Vice President of Finance for McCormick and Schmick’s Management Group.  He also held senior financial management positions in the semiconductor industry with Lexar, Inc., and Mattson Technology, Inc.

Town Sports International Holdings, Inc. (NASDAQ: CLUB) announced the promotion of Daniel Gallagher from Chief Financial Officer to President and Chief Operating Officer. Mr. Gallagher will continue to serve as Chief Financial Officer until the Company appoints a successor. Mr. Gallagher joined the Company in 1999 and has served as Chief Financial Officer of the Company since March 2008.Shawn Poole

EmployBridge announced the appointment of Shawn Poole to the role of President and Chief Financial Officer. Mr. Poole joined Career Blazers, the predecessor of EmployBridge, in July 1999 and served as Executive Vice President, Chief Financial and Accounting Officer and Secretary.  Prior to joining Career Blazers, Poole was the Managing Director and Chief Financial Officer of Randstad North America.  Additionally, he has held positions as Executive Vice President, Chief Financial Officer, Secretary and Treasurer of American Studios Inc. and Senior Vice President and Chief Financial Officer of Carolina Freight Corporation.

Littelfuse, Inc. (NASDAQ: LFUS) announced that Philip G. Franklin has been promoted to Senior Vice President and Chief Financial Officer.Lesa Vanotti

Torrington Savings Bank announced that Lesa A. Vanotti, previously Vice President and Controller of the Bank, has taken over the role of Senior Vice President and Chief Financial Officer. Ms. Vanotti has worked at Torrington Savings Bank since 1996 when she joined the bank as an Accounting Assistant.  She has held various roles since then, including her most recent post as Vice President and Controller.

Amgen (NASDAQ: AMGN) announced that Jonathan M. Peacock, executive vice president and chief financial officer, is leaving Amgen to pursue broader career opportunities.  Peacock is expected to remain employed with the company until May to assist with the transition. Michael A. Kelly, an 11-year Amgen veteran, has been named acting CFO. Since joining Amgen in 2003, he has served in a number of executive finance assignments, including five years as chief accounting officer and more recently as CFO for international commercial operations.  Prior to joining Amgen, Kelly had finance roles at Tanox, Biogen and Monsanto Life Sciences.

JBT Corporation (NYSE: JBT) announced that Brian A. Deck will join the Company as Vice President and Chief Financial Officer effective February 3, 2014.  Ron Mambu, the Company’s current Vice President and Chief Financial Officer, had earlier announced his intent to retire and will remain with the Company through March to ensure a smooth transition. Deck will join JBT upon departing as Chief Financial Officer of National Material L.P. Prior to National Material, Brian was Vice President of Finance and Treasurer at Ryerson Inc. Prior to his service with Ryerson, Brian had increasing responsibilities with GE Capital, Bank One (now JPMorgan Chase & Co.), and Cole Taylor Bank.

Infinity Augmented Reality, Inc. (OTC: ALSO) announced that it has hired Ortal Zanzuri as its new CFO. Ms. Zanzuri comes from her most recent position as Corporate Controller for Pointer Telocation Ltd. In addition to her role at Pointer Telocation, Ms. Zanzuri served as controller at Retalix Ltd (RTLX). She also served as a Senior Accountant at Ernst & Young, and honed her craft as a trainee at Deloitte Brightman Almagor. Prior to entering into the world of finance, Ms. Zanzuri served four years with the Israeli Air Force. Ms. Zanzuri is replacing former CFO, Josh Yifat.

Algeco/Scotsman Holding S.à r.l. announced that Stephen Bishop will be appointed Executive Vice President and Chief Financial Officer of Algeco Scotsman effective as of January 15, 2014. It is anticipated that he will also be elected to Algeco Scotsman’s Board of Managers soon after such date. Mr. Bishop will succeed Thomas Kloster who will resign as Chief Financial Officer and from the Board of Managers effective as of January 15, 2014, to pursue other opportunities. Mr. Bishop was most recently CFO and COO of SeaCube Container Leasing Ltd. Prior to joining SeaCube, Mr. Bishop was CFO and EVP of Greatwide Logistics Services from 2007 to 2009, GeoLogistics Corp. from 2004 to 2007 and NetJets, Inc. from 1998 to 2004.

International Commercial Television, Inc. (OTC: ICTL) announced that our Board of Directors has appointed Ryan LeBon as Chief Financial Officer of the Company. LeBon joined the Company in June of 2013 as the Company’s Director of Financial Reporting. Prior to joining the Company, Mr. LeBon had over nine years of experience with Deloitte & Touche LLP, as an Audit Manager primarily serving SEC registrants, and as a Controller with General Electric. Richard Ransom, the previous Chief Financial Officer, continues as President of the Company. Mike Rossman

The Hignell Companies has named Mike Rossman as the new Chief Financial Officer. Mike Rossman has been serving as the Director of Project and Investor Development for the past 18 months. After 9 years of service at The Hignell Companies, current CFO Vito Mule’ will be leaving the company for another opportunity.

Fred’s Inc. (NASDAQ: FRED) announced that it is promoting Jerry Shore to the position of Chief Operating Officer. Shore also will continue his responsibilities as Chief Financial Officer.

Global Geophysical Services, Inc. (NYSE: GGS) announced the appointments of Mathew Verghese to the position of Executive Vice President and Chief Operating Officer and Sean Gore to the position of Senior Vice President and Chief Financial Officer. Mr. Verghese has served as the Company’s Senior Vice President and Chief Financial Officer since he joined Global in March 2009. Succeeding Mr. Verghese in the role of Senior Vice President and Chief Financial Officer is Sean Gore who most recently served as the Company’s Vice President, Corporate Development and Treasurer. Mr. Gore joined Global in October 2012. Before joining Global, Mr. Gore served as Chief Financial Officer for Aperio Energy Partners, LLC. During the period from 2005 through 2010, Mr. Gore was Vice President, Strategy and Development for U.S. Concrete. From 1995 through 2004, Mr. Gore served in various financial and operational capacities with Petroleum Geo-Services ASA, where in his last role he served as the Vice President Corporate Controller & Business Development.

CFO Moves – week ending January 3, 2014

CFO Moves this week include:

KMG Chemicals, Inc. ImmunoGen, Inc. MELA Sciences, Inc.
Eleven Biotherapeutics Techne Corporation Tessera Technologies, Inc.
PICS Auditing, LLC SoFi (Social Finance, Inc.) Activu Corporation
Sheppard Mullin Richter & Hampton LLP Cellular Biomedicine Group 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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +Malinda Passmore

KMG Chemicals, Inc. (NYSE: KMG) announced that Malinda Passmore has been named vice president and chief financial officer. Passmore will join KMG on January 27, 2014. Most recently, Passmore was chief financial officer of Country Fresh. Prior to her position as CFO of Country Fresh, Passmore was senior vice president finance for Archipelago Learning.

ImmunoGen, Inc. (NASDAQ: IMGN) announced the appointment of David Johnston as Executive Vice President and Chief Financial Officer. Mr. Johnston joins ImmunoGen from AVEO Pharmaceuticals Inc., where he was the CFO. Prior to joining AVEO in 2007, Mr. Johnston was Senior Vice President of Finance, Corporate Planning and Analysis at Genzyme Corporation and, before that, the VP Finance and CFO of Genzyme Biosurgery.

MELA Sciences, Inc. (NASDAQ: MELA) announced the resignation of Richard I. Steinhart, SVP Finance and Chief Financial Officer. Mr. Steinhart has served as MELA’s CFO since 2006.

Eleven Biotherapeutics announced the appointment of Gregory D. Perry as Chief Financial and Business Officer, and Daniel S. Lynch as Chairman of the company’s board of directors. Prior to joining Eleven Biotherapeutics, Gregory D. Perry served as Interim Chief Financial Officer of InVivo Therapeutics (NVIV). Prior to InVivo, Mr. Perry was Executive Vice President and Chief Financial Officer of Immunogen, Inc. (IMGN) from 2009 to 2013, where he led the company’s strategic transition from a platform technology company to a product development company. Prior to Immunogen, Mr. Perry served as Chief Financial Officer (CFO) of Elixir Pharmaceuticals. He served as CFO of Domantis, Ltd. until its acquisition by GlaxoSmithKline in 2006, and as CFO of Transkaryotic Therapies, Inc. (TKT) until its acquisition by Shire plc in 2005. Before joining Transkaryotic Therapies in 2003, Mr. Perry served in financial management positions of increasing responsibility at PerkinElmer, Inc., Honeywell and GE’s European medical systems business unit. Daniel S. Lynch spent nearly five years at ImClone Systems, serving as chief executive officer and chief financial officer. As CFO, Dan led negotiations to form the major partnership between ImClone and Bristol-Myers Squibb. Earlier in his career, he served in various financial positions at Bristol-Myers Squibb over a 15-year tenure. He served on the board of directors and the audit committee of U.S. Oncology, Inc. for five years until December, 2010, when it was acquired by McKesson. More recently Dan was Executive Chairman of the board for Avila Therapeutics and Stromedix. In addition to Eleven Biotherapeutics, Dan is currently a member of the board of directors for BIND Therapeutics, bluebird bio, Blueprint Medicines, Nimbus Discovery and RaNA Therapeutics.

Techne Corporation (NASDAQ: TECH) announced that Gregory J. Melsen will resign from his position as Chief Financial Officer, effective February 3, 2014, to pursue other opportunities.  Mr. Melsen has served as Techne’s Chief Financial Officer since 2004.

Tessera Technologies, Inc. (NASDAQ: TSRA) announced the appointment of Robert J. Andersen as the Company’s executive vice president and chief financial officer (CFO). John Allen, who had served as the Company’s acting CFO since June 2013, returned to his prior position as the Company’s senior vice president and corporate controller. Andersen most recently served from June 2011 to July 2013 as the CFO and executive vice president of G2 Holdings Corp. d/b/a Components Direct, which was acquired by Avnet, Inc. in April 2013. From September 2008 to June 2011, Andersen served first as vice president of finance and then as CFO at Phoenix Technologies Ltd., and was acquired by an affiliate of Marlin Equity Partners in November 2010. Prior to his time at Phoenix Technologies, Andersen served in various senior financial roles at Wind River Systems, Inc., and NextOffice, Inc.

PICS Auditing, LLC announced that Peter B. Harker has joined the company as Chief Financial Officer. Peter served as CFO at QTC (acquired by Lockheed Martin) for four years. Prior to QTC, Mr. Harker served as CFO at LogicalApps (acquired by Oracle), Medidata Solutions, and Optum Software.

SoFi (Social Finance, Inc.) announced its Chief Financial Officer Nino Fanlo is expanding his role at the company to take on the additional responsibilities of Chief Operating Officer. Nino Fanlo joined SoFi in June of 2012 as CFO. Fanlo was formerly the Chief Executive Officer of KKR Financial and Executive Vice President and Treasurer of Wells Fargo.

Activu Corporation announced the appointment of Richard Aguinaldo as the company’s new Chief Financial Officer. Most recently, Aguinaldo was a Finance Director at ShoreTel, Inc. Prior to ShoreTel, he was the VP, Finance and Controller for M5 Networks, Inc., before it was acquired by ShoreTel. Aguinaldo has also previously held finance positions at Metropolitan Telecommunications (Mettel), Espernet.com and RCG Information Technology.

Sheppard Mullin Richter & Hampton LLP announced that Ted Tinson has joined as Chief Operating Officer. Tinson joins from Dentons, where he served as the Chief Financial Officer for, and also carried out many of the COO functions, Dentons’ U.S. and Asia-Pacific regions. Tinson replaces Sheppard Mullin’s executive director Bob Zuber, who is retiring after 17 years with the firm.

Cellular Biomedicine Group Inc. (OTC: CBMG) announced the appointment of Bizuo (Tony) Liu as Chief Financial Officer and Board Secretary and the election of Nadir Patel as Independent Director, Chairman of the Audit Committee of the board of directors of CBMG. Most recently Mr. Liu served as Corporate Vice President at Alibaba Group, responsible for Alibaba’s overseas investments. He was also Chief Financial Officer for HiChina, a subsidiary of Alibaba. Prior to joining Alibaba, Mr. Liu spent 19 years at Microsoft Corporation where he served in a variety of finance leadership roles. Prior to becoming CBMG’s Chief Financial Officer, Mr. Liu had been serving as an Independent Director and Chairman of the Audit Committee for CBMG since March 2013. CBMG’s current Chief Financial Officer and Board Secretary, Andrew Chan, will move to the exciting new role of Senior Vice President of Corporate Business Development.Mr. Patel is currently Assistant Deputy Minister, Corporate Planning, Finance and Information Technology, and Chief Financial Officer for Canada’s Department of Foreign Affairs, Trade and Development. Previously Mr. Patel served as Canada’s Consul General in Shanghai, promoting trade and investment between Canada and China. Mr. Patel also serves on the Board of Governors of the International Development Research Centre (and on its Audit and Finance Committee), as well as the Ottawa Advisory Board of Wilfrid Laurier University’s School of Business and Economics.

CFO Moves – week ending December 27, 2013

CFO Moves this week include:

hhgregg Inc. NeoPhotonics Corporation William Morris Endeavor Entertainment
Pacific Financial Corporation Mountainview Energy Ltd. Hangover Joe’s Holding Corporation
Direct Insite Identive

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hhgregg Inc. (NYSE: HGG) announced that the company has accepted the resignation of Jeremy J. Aguilar as the Chief Financial Officer (Principal Financial and Accounting Officer) and Secretary of the Company, effective January 31, 2014. Mr. Aguilar is leaving to pursue a similar role at another Company. In the interim, Andrew S. Giesler, Senior Vice President, Finance, has been appointed by the Board to serve as interim Chief Financial Officer (Principal Financial and Accounting Officer) and Secretary effective January 31, 2014 until a new Chief Financial Officer and Secretary is appointed. Mr. Giesler has served the Company in several roles since joining the Company in May 2007, including Senior Vice President, Finance, Vice President, Finance, Vice President, Controller and Director of Finance and Investor Relations.

NeoPhotonics Corporation (NYSE:NPTN) announced the appointment of Ray Wallin as the Company’s Senior Vice President and Chief Financial Officer. Wallin most recently served as Chief Financial Officer of Micrel, Inc. Prior to his role at Micrel, Ray served as CFO of Neterion. In a prior role, he was Chief Financial Officer and Senior Vice President at Sipex Corporation. Prior to Sipex, Wallin was Chief Financial Officer of iWatt and Kendin and held senior finance positions with Cirrus Logic. Wallin is succeeding Cal Hoagland who has been NeoPhotonics’ interim Chief Financial Officer since September 2013.

William Morris Endeavor Entertainment announced the appointment of Peter Klein as Chief Financial Officer, effective immediately. Mr. Klein spent 11 years at Microsoft Corporation, where he most recently served as the company’s CFO from November 2009 to June 2013.  Prior to becoming CFO at the corporate level, he was CFO of the Server and Tools Division and CFO of the Microsoft Business Division.  Before joining Microsoft, Mr. Klein spent 13 years in corporate finance at high-growth companies including McCaw Cellular Communications, Orca Bay Capital and Homegrocer.com.

Pacific Financial Corporation (OTC: PFLC) announced that Denise Portmann has been named President and Chief Executive Officer of Bank of the Pacific. Denise was named Executive Vice President and Chief Financial Officer of Bank of the Pacific in 2004 and has served as Treasurer for the Company since 2001, and will continue to do so until a replacement is found.

Mountainview Energy Ltd. (TSX-V: MVW) announced that Brent Osmond has been appointed Vice President, Finance and Chief Financial Officer of the Company. Mr. Osmond has previous oil and gas CFO experience through his positions with TerraMer Inc. and Nytis Exploration Company Inc. Mr. Osmond replaces Angelique Hatch, who will provide consulting services to Mountainview and assist with the transition.

Hangover Joe’s Holding Corporation (OTC: HJOE) announced that Mike Jaynes has decided to relinquish the CEO role to Matthew Veal, who is also the Company’s Chief Financial Officer, but will retain his role as company Chairman. Mr. Veal recently was Vice President and Treasurer of Integrated Freight Corporation. Over his career, he has held co-founder roles for publicly traded Evolucia Lighting, Neogenomics, as well as Heritage O&G Corp.

Direct Insite (OTC: DIRI) announced that the Company has appointed Lowell Rush to the positions of Chief Financial Officer, Secretary and Treasurer. Mr. Rush has been the Acting Chief Financial Officer of Direct Insite since October 4, 2013. Prior to joining Direct Insite, he held positions as Chief Operating Officer of Cosmetic Dermatology, Inc., CFO of Bijoux Terner, LLC; and CFO of Little Switzerland, Inc., in addition to various financial management roles at Sunglass Hut International, Burger King Corp. and Knight-Ridder, Inc.

Identive (NASDAQ: INVE) announced that Brian Nelson has been appointed chief financial officer and secretary of the company. Nelson is based replaces David Wear, who will remain with the company as vice president, special projects. Prior to joining the company, Nelson was chief financial officer of idOnDemand, which was acquired by Identive in May 2011. Prior to idOnDemand, he served as vice president of finance and CFO of Kleer Corporation. His previous positions also include vice president of finance for Silicon Access Networks and for PlanetRx, corporate controller for LinkExchange (acquired by Microsoft) and various other technology start-ups, and he was an audit manager with KPMG LLP in Silicon Valley.

CFO Moves – week ending December 20, 2013

CFO Moves this week include:

Puppet Labs

Fortinet

Symantec Corp.

FrontRange

Reply.com

PACCAR Inc.

Paymetric, Inc

Allegheny Technologies Incorporated

InVivo Therapeutics Holdings Corp.

American Public Education, Inc.

DuJour Media Group

Seminole Energy Services, LLC

Esposito Securities, LLC

Total Safety

Gas Natural Inc.

Aviall, Inc.

Seven Seas Water Corporation

Hillenbrand, Inc.

Comprehensive Care Corporation

ViaCyte, Inc.

PayScale, Inc.

Versartis

UIC Technical Services, LLC (UICTS)

Kirby Corporation

Vulcan Materials Company

NuStar Energy L.P.

naviHealth

InTown Suites

DHS Technologies LLC

M/A-COM Technology Solutions Holdings, Inc.

Tigrent Inc.

Canvas

Spectra Energy Corp.

Universal Funding Corporation

Renewable NRG Systems

Bancorp of New Jersey, Inc.

Affinion Group, 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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +Bill Koefoed

Puppet Labs announced that Bill Koefoed will join Puppet Labs as CFO. Prior to joining Puppet Labs, Koefoed was CFO of the Skype Division of Microsoft. Prior to Skype, Koefoed was general manager of investor relations for Microsoft. Prior to investor relations, Koefoed was general manager of finance and strategy for Microsoft IT. Koefoed joined Microsoft from Hewlett-Packard, where he led the strategy & planning team for customer & sales operations. Prior to joining HP, Koefoed was a managing director for PricewaterhouseCoopers Consulting, where he was instrumental in the planning and execution of the HP/Compaq and IBM/PwC merger integrations as well as the Agilent and Palm spin-offs.

Fortinet (NASDAQ: FTNT) announced the appointment of Andrew "Drew" Del Matto as the company’s Chief Financial Officer (CFO).  Mr. Del Matto most recently served as Symantec’s acting Chief Financial Officer as well as Senior Vice President and Chief Accounting Officer. During his nine years at the company, Del Matto also served as Symantec’s Corporate Treasurer and Vice President of Finance Business Operations. He previously held senior finance leadership roles with Inktomi Corporation and SGI Corporation. Del Matto began his career as a CPA in public accounting with KPMG LLP.

Symantec Corp. (NASDAQ: SYMC) announced that it has appointed Don Rath, vice president of global tax, as interim CFO and CAO effective January 2, 2014. He assumes this role following the departure of Andrew "Drew" Del Matto, Symantec’s current acting CFO and CAO, who will leave the company on December 31 to become CFO of Fortinet. Rath joined Symantec in August 2012 and previously held senior tax and finance roles with Synopsys, Chiron and Veritas. A CPA in California, he practiced for nine years with Ernst & Young LLP. Kevin Thompson

FrontRange announced the appointment of Kevin Thompson as CFO. Before joining FrontRange, Thompson was the CFO of Vitria Technology, Inc. Prior to his tenure at Vitria, Thompson served as the CFO of Entrisphere, Inc.

PACCAR Inc. (NASDAQ: PCAR) announced that it has elected Robert J. Christensen as president and chief financial officer (CFO), effective April 27, 2014. Mr. Christensen has worked at PACCAR for 30 years and is currently executive vice president and chief financial officer. Sharmila Patel

Reply.com announced that Sharmila Patel has joined the company’s leadership team as its Chief Financial Officer. Sharmila started her career in the UK, working at Intel and Chase Manhattan Bank in a variety of finance roles before she moved to the USA. In 2000, Sharmila joined Kaiser Permanente, CA. where she held various leadership roles including Executive Director of IT Finance. Most recently, she served three years as VP of Finance at Yahoo! Inc., where she supported the global technology organizations. Prior to Yahoo!, Sharmila spent 3+ years as VP of Finance at First Data supporting multiple global technology and infrastructure divisions.

Paymetric, Inc. announced that Gil Friedman has been appointed the company’s Chief Financial Officer. Most recently, he spent five years with NexTraq, a Francisco Partners company, where he was Executive Vice President and CFO. His background also includes senior level roles with Amdocs and Polycom.

Allegheny Technologies Incorporated (NYSE: ATI) announced that Patrick J. DeCourcy has been named Senior Vice President, Finance and Chief Financial Officer. Mr. DeCourcy had been serving as Interim Chief Financial Officer since July 15, 2013. DeCourcy began his career with ATI in 1988 in ATI’s flat-rolled products operations where he held various finance leadership positions with increasing responsibilities. In 1998, he was named Controller of ATI’s flat-rolled products business. In 2000, he was named Vice President, Finance and Administration of ATI’s specialty materials nickel-based and titanium-based alloys business. In 2011, he became involved in assisting with the integration of ATI’s high performance forged and cast products business following ATI’s acquisition of the Ladish Co. Prior to being named Interim Chief Financial Officer in July 2013, he provided assistance to ATI’s executive management with the business integration of the company’s Flat-Rolled Products Segment Hot-Rolling and Processing Facility (HRPF) strategic investment.

InVivo Therapeutics Holdings Corp. (OTC: NVIV) announced the appointment of Steven McAllister as Interim Chief Financial Officer, effective December 31, 2013. He replaces Gregory Perry, who, as previously announced, will leave December 30, 2013 to join another local biotechnology company as its Chief Financial and Business Officer. Mr. McAllister served as Vice President, Finance and Administration for Biomet Spine and Bone Healing Technologies from 2007 – 2013. From 1999 – 2007 he served in several capacities, including Director of Finance, Worldwide Operations, for Depuy Inc, and from 1984 – 1999 he worked in several capacities at Howmedica, a Pfizer subsidiary that was sold to Stryker in 1998.

American Public Education, Inc. (NASDAQ: APEI) – parent company of American Public University System (APUS) and Hondros College, Nursing Programs – announced Richard W. Sunderland, Jr. is to succeed Mr. Wilkins as APEI’s CFO. Effective January 1, 2014, Harry T. Wilkins, the Company’s current executive vice president and chief financial officer, will become CEO of National Education Seminars, which operates Hondros College, Nursing Programs. In addition, Mr. Wilkins will serve as APEI’s executive vice president and chief development officer. Mr. Sunderland, currently the APUS senior vice president of finance, has been appointed to succeed Mr. Wilkins as executive vice president and chief financial officer of APEI and APUS. Mr. Wilkins joined APUS in January 2007 as CFO, after having served on the APEI Board of Directors since December 2004 and the APUS Board of Trustees since January 2005. Mr. Wilkins’ career experience also includes financial and operational leadership as the former chief financial officer and chief operating officer of Strayer Education, Inc. In addition, Mr. Wilkins previously served in other financial, executive and business development roles at the accounting firms Wooden & Benson and Deloitte & Touche. Prior to joining APUS, Mr. Sunderland served as the chief financial officer of NovaSom, Inc., from 2008 to 2010. In addition, Mr. Sunderland served as chief financial officer of Active Day, Inc. between 2005 and 2008, and in various roles, including as controller, senior vice president and chief financial officer, at NeighborCare, Inc. from 1993 to 2004.

DuJour Media Group announced that Dominic Butera has joined the company as Chief Financial Officer. Butera was previously CFO of Travora Media, a venture-backed vertical ad network. Before that, Butera was with Barry Diller’s IAC/InterActiveCorp where he served for five years as CFO of IAC Search and Media ("SAM").  SAM’s major properties included Ask.com, Dictionary.com, Evite.com, iWon.com, Excite.com, Mindspark and IAC Advertising Solutions. Earlier in his career, Butera held senior financial roles at Computerland, 3DO, IDG Books, Intermap Technologies, Innoventry, and Ocular Sciences.  Butera began his career as a CPA with KPMG.

Seminole Energy Services, LLC announced that Dan Hawk was named Executive Vice President and Chief Financial Officer. Most recently, Hawk served as executive vice president and chief financial officer for Davis Petroleum. Prior to Davis, he served as vice president and treasurer for Burlington Resources, Inc. Before Burlington, Hawk served as vice president and treasurer for Vastar as well as in various leadership positions with Apache Corporation, Mark Producing, Getty Oil and Texaco. 

Esposito Securities, LLC announced the hiring of their new Chief Financial Officer, Doug Townsend. Doug has held positions at Jackson National Life Distributors LLC, Curian Capital LLC, Curian Clearing LLC, NatCity Investments Inc. and Raffensperger, Hughes & Co.

Total Safety announced the appointment of Clinton W. Roeder as Chief Financial Officer ("CFO").  Mr. Roeder assumes CFO responsibilities from Dennis Turnipseed who has left the Company to pursue a new professional opportunity. Mr. Roeder joins Total Safety from Vopak where he served as CFO of Vopak Americas.  Prior to this position, Mr. Roeder served as CFO of Vopak North America.  Previously, Mr. Roeder served in various financial and General Manager roles at Centrica (Direct Energy).

Gas Natural Inc. (NYSE MKT: EGAS) announced that James E. Sprague will join Gas Natural as Vice President and Chief Financial Officer effective May 1, 2014. Thomas J. Smith, the Company’s current Vice President and Chief Financial Officer, previously announced his plans to retire and will continue in his current role and ensure a smooth transition.  James E. Sprague will join Gas Natural upon departing as a Managing Partner with Walthall, Drake & Wallace LLP CPAs ("Walthall") in Cleveland, OH.  Mr. Sprague joined Walthall in 1987, was admitted as a Partner in 1994, and has specialized in the Oil & Gas Industry throughout his career. 

Aviall, Inc., a wholly-owned subsidiary of The Boeing Company, has named John Meersman as its new chief financial officer (CFO). Meersman was previously the senior director of corporate and strategic development for The Boeing Company. Meersman joined Boeing in 1985 and has held positions in Finance, International Business, Contracts, Pricing and Estimating. Lee Muller

Seven Seas Water Corporation announced that Lee Muller has joined the company as Senior Vice President, Chief Financial Officer and a member of the Executive Committee. Mr. Muller joins Seven Seas Water from ContourGlobal where he was Executive Vice President and Chief Financial Officer.  Prior to ContourGlobal, Mr. Muller was an investment banker with Goldman Sachs.

Hillenbrand, Inc. (NYSE: HI) announced that Cynthia Lucchese, Senior Vice President and Chief Financial Officer, will be leaving the company effective March 31, 2014 in order to pursue other professional opportunities

Comprehensive Care Corporation (OTC: CHCR) announced that CompCare appointed Kyle Chastain to serve as Acting Chief Financial Officer (CFO) to fill the vacancy created with the departure of the Company’s former CFO.  Mr. Chastain has served as Director of Finance, Regional Controller or Business Process Consultant for several publicly traded companies, including International Paper; Siemens Westinghouse; Illinois Tool Works; Mosaic; and Schwarz Partners. 

ViaCyte, Inc. announced today that Mark G. Foletta has been appointed to its Board of Directors. Mr. Foletta was most recently senior vice president and Chief Financial Officer at Amylin Pharmaceuticals, Inc.  He joined Amylin in 2000 and served through its acquisition by Bristol-Myers Squibb for approximately $7 billion in August 2012.  Prior to Amylin, Mr. Foletta worked 14 years at Intermark, Inc./Triton Group Ltd. where he served as senior vice president, Chief Financial Officer and Corporate Secretary. 

PayScale, Inc. announced the appointment of Mark Klebanoff as Chief Financial Officer. Most recently, he was CFO at Appature. In addition, Klebanoff held the CFO position at All Star Directories, Daptiv, M:Metrics, AccessLine, RealNetworks and Industrial Systems.

Versartis, Inc. announced the appointment of Joshua T. Brumm as its first Chief Financial Officer. Mr. Brumm was most recently Executive Vice President of Finance at Pharmacyclics Inc. Previously, as Chief Financial Officer and Senior Vice President for ZELTIQ Aesthetics, Inc. Prior to joining ZELTIQ, Mr. Brumm served as Director of Finance at Proteolix, Inc. Earlier in his career, Mr. Brumm held the positions of Investment Banking Associate as a member of the West Coast Healthcare Team at Citigroup Global Markets, Inc. and as an Investment Banking Analyst for the West Coast Healthcare Team at Morgan Stanley.

UIC Technical Services, LLC (UICTS) and its Bowhead subsidiaries (commonly known as Bowhead) are pleased to announce the addition of Michele Rambo as the company’s new Senior Director of Financial Strategy / CFO. Michele has spent most of her career working in the government services industry.

Kirby Corporation elected David W. Grzebinski President and Chief Operating Officer.  Mr. Grzebinski is currently Executive Vice President and Chief Financial Officer of the Company, and will also remain Chief Financial Officer of the Company. Mr. Grzebinski has served as Chairman of Kirby Offshore Marine, LLC since February 2012 and as Executive Vice President and Chief Financial Officer of the Company since March 2010, after joining the Company in February 2010.  Prior to joining the Company, he served in various administrative positions since 1988 with FMC Technologies Inc., including Controller, Energy Services, Treasurer, and Director of Global SAP and Industry Relations.  Prior to joining FMC, he was employed by Dow Chemical Company.

Vulcan Materials Company (NYSE: VMC) announced that John McPherson, previously Senior Vice President of Vulcan’s East Region, has been promoted to the position of Executive Vice President and Chief Financial Officer. Dan Sansone, previously Executive Vice President and Chief Financial Officer, has been named to the position of Executive Vice President – Strategy. Mr. Sansone plans to retire from the Company at the end of 2014. John McPherson served most recently as Senior Vice President of the Company’s East Region. Mr. McPherson joined the Company in 2011 as Senior Vice President, Strategic Planning and Business Development. Prior to coming to Vulcan, he was a senior partner of McKinsey & Company, the global management consulting firm. He held a variety of senior management positions over a 17-year career that included leadership of McKinsey’s Americas Organization Practice and its Dallas office. Before joining McKinsey, Mr. McPherson worked with Goldman Sachs in New York and Hong Kong. Dan Sansone served as Chief Financial Officer of Vulcan Materials Company since 2005, and as Executive Vice President and CFO since 2011. Tom Shoaf

NuStar Energy L.P. (NYSE: NS) announced that Steve Blank, Executive Vice President and CFO of NuStar Energy L.P. and NuStar GP Holdings, plans to retire from the company effective December 31, 2013. The company’s board of directors has selected Tom Shoaf, NuStar’s Controller, to serve as Executive Vice President and Chief Financial Officer upon Blank’s retirement. Prior to becoming NuStar’s Controller eight years ago, Shoaf served in positions of increasing responsibility with Valero Energy Corporation, eventually becoming Director of Finance.

naviHealth announced the addition of Karey Witty as the company’s executive vice president and chief financial officer. During his career, Witty has served in several executive management roles for leading healthcare services organizations, including CFO for HealthSpring Inc., as well as CFO for Centene Corporation.

InTown Suites announced that Dennis Cassel, current Chief Financial Officer, will assume leadership of the company in the additional role of President as of January 1, 2014. Mr. Cassel has served as a member of InTown Suites leadership team for almost nine years overseeing the Company’s finances. 

DHS Technologies LLC announced the appointment of Nelson Weinstein, who has served as Chief Accounting Officer since 2005, as the Company’s Chief Financial Officer. Prior to joining DHS, Mr. Weinstein operated his own consultancy. From 1991-2001, Mr. Weinstein served as CFO and COO of Milton Merl & Associates, Inc.

M/A-COM Technology Solutions Holdings, Inc. (NASDAQ: MTSI) (MACO) announced the appointment of Robert J. McMullan as its Chief Financial Officer, effective January 2, 2014. Mr. McMullan will succeed Conrad Gagnon, who has resigned effective as of the same date to pursue other career and personal interests. Prior to his recent CEO and advisory positions, Mr. McMullan played an integral role in the growth of GlobespanVirata and its integration with Conexant Systems following their merger. He later led HCL Expense Management Services Inc., a subsidiary of HCL Technologies, a $2 billion IT company.

Tigrent Inc. (OTC: TIGE) announced that Marc Scholvinck had been appointed to the Company’s Board of Directors. Mr. Scholvinck will serve as Chairman of the Company’s Audit Committee. Until April 2013, Mr. Scholvinck was Managing Partner and Chief Financial Officer of Blum Capital Partners. He is a former Director of Suntron Corporation, Monroc, Inc. and Willig Freight Lines.

Canvas announced that Marc Rubin has joined the company as Chief Financial Officer. Marc has served as Chief Financial Officer and Chief Accounting Officer at several well-known and successful fast growth technology companies in the Mid-Atlantic region, including Sequoia Software, Sourcefire, and Rovion. Prior to working with emerging businesses, Marc worked in finance and accounting management positions at Black & Decker and London Fog. Most recently, Marc was the founding partner of ArcPoint Partners, providing outsourced finance, accounting, and HR services to tech startups across New York, Silicon Valley, and the Mid-Atlantic.

Spectra Energy Corp. (NYSE: SE) announced that Laura Sayavedra, who previously has served as chief financial officer, Spectra Energy Partners, and in various other leadership roles, including vice president, strategy, will become vice president and treasurer.

Universal Funding Corporation announced the appointment of Kenneth Mayer as Chief Financial Officer. Most recently Mayer served as controller for Essential Metals Corporation. From 2005 until 2010, Mayer served as CFO at Native American Services Corp. Mayer brings additional financial leadership experience from companies including Mikunda Cotrell & Company, Agrium US, and the Alaska Department of Revenue.

Renewable NRG Systems has promoted Justin Wheating, chief financial officer, to the role of president. Wheating joined Renewable NRG Systems in 2009. Wheating previously held executive positions at MacGregor Golf, Burton Snowboards, and Dynastar Skis. Prior to Renewable NRG Systems, Wheating was the chief operating officer and chief financial officer at Simon Pearce.

Bancorp of New Jersey, Inc. (NYSE MKT:BKJ), the holding company of Bank of New Jersey, today announced the appointment of Richard Capone as Senior Vice President and Chief Financial Officer of the Company and the Bank. Mr. Capone has served as a Senior Vice President and the Controller of the Bank since August 2009.

Affinion Group, Inc. announced that Mark Gibbens, the Company’s Chief Financial Officer, is leaving Affinion before the end of the year and that Gregory Miller, currently Senior Vice President Financial Planning and Divisional Operations at the Madison Square Garden Company, will rejoin Affinion as its Executive Vice President and CFO effective January 20th.  Mr. Miller has more than 11 years of previous experience with the Company, most recently as the Chief Financial Officer for Affinion North America. Mr. Miller joined Affinion in 1999 and through 2011. In 2011, Mr. Miller left Affinion to join the Madison Square Garden Company. Prior to joining Affinion, Mr. Miller worked as a staff accountant at Coopers & Lybrand and had financial reporting and/or analytical roles with the Coca-Cola Bottling Company of New York as well as Citizens Communications. 

CFO Moves – week ending December 13, 2013

CFO Moves this week include:

General Motors FedEx Corporation Marvell
RTI International Metals, Inc. Baker Hughes Incorporated American Water Works Company Inc.
Rare Element Resources Ltd. ClearView® Audio Waters Corporation
MAXIMUS ABM Par Petroleum Corporation
Vivint Solar DST Systems, Inc. ValueOptions®, Inc.
Relmada Therapeutics Inc. Blackstone Mortgage Trust, Inc. Asbury Automotive Group, Inc.
Hyperdynamics Corp. Bankers Financial Corporation (BFC) Chef™
Apollo Residential Mortgage, Inc. Findly AllDigital Inc.
Nortech Systems Incorporated Johnny Rockets Ocean Power Technologies, Inc.
HD Supply Holdings, Inc. Oil States International, Inc. Federal-Mogul Corporation
Supply Chain Services Movable Ink Care.com
Hardinge 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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General Motors (NYSE: GM) announced that Dan Ammann, executive vice president and chief financial officer, was named company president. Ammann joined GM in 2010. Ammann will retain CFO responsibilities at least through the release of the company’s fourth quarter and full-year 2013 results in early February 2014. His replacement as CFO will be named later.

FedEx Corporation elected Kimberly Jabal as a director. The Board also appointed Ms. Jabal as a member of its Information Technology Oversight Committee. Ms. Jabal currently is the chief financial officer and oversees the legal and human resources functions at Path, Inc., a privately-held social networking company. Prior to joining Path in March 2013, she served as vice president of finance at Lytro, Inc. She served in various capacities at Google from 2003 to 2011, including as director of engineering finance, director of investor relations and director of online sales finance. Prior to Google, Ms. Jabal spent two years at Goldman Sachs in technology investment banking.

Marvell (NASDAQ: MRVL) announced the appointment of Michael Rashkin as Interim Chief Financial Officer. Mr. Rashkin has been with the Company since 1999 and prior to this appointment served in a variety of roles in the finance organization including in VP of Tax, VP of Strategic Development and President of the Marvell Charitable Fund. Mr. Rashkin also served as Interim Chief Financial Officer of Marvell from July 2007 to January 2008.

RTI International Metals, Inc. (NYSE: RTI) announced the election of Arthur B. Winkleblack to its Board of Directors. Mr. Winkleblack will serve on the Audit Committee of the Board. His term as an independent director will begin immediately. Winkleblack’s experience includes service as Executive Vice President and Chief Financial Officer of H.J. Heinz Company from January 2002 through June 2013. Earlier in his career, Winkleblack held senior finance roles at companies including Six Flags Entertainment, AlliedSignal and PepsiCo. He is currently a member of the Board of Directors and Audit Committee of Church & Dwight Co., Inc.

Baker Hughes Incorporated (NYSE: BHI) announced that the Company’s Senior Vice President and Chief Financial Officer, Peter A. Ragauss, intends to retire by the end of next year.

American Water Works Company Inc. (NYSE: AWK) announced that Jeff Sterba will retire from his role as president and chief executive officer of American Water at the Company’s annual meeting, scheduled for May 9, 2014. At that time, American Water’s current senior vice president and chief financial officer Susan N. Story will succeed Sterba as president and CEO. Before joining American Water, Story served as executive vice president of Southern Company. In that role she was also president and CEO of Southern Company Services. A seasoned utility executive, Story also served as president and CEO of Gulf Power Company, a Florida subsidiary of Southern Company, and as Southern Company’s executive vice president of Engineering and Construction Services. Story began her career at Southern Company as a nuclear power plant engineer. Story is an independent director of Raymond James Financial (RJF), having served on the board since 2008.

Rare Element Resources Ltd. (NYSE MKT: REE) announced that Paul H. Zink, former president of International Royalty Corporation and Eurasian Capital and a previous board member of the Company, has been appointed Senior Vice President and Chief Financial Officer. David P. Suleski, the Company’s Chief Financial Officer since 2011, ceased serving in that role. Mr. Zink most recently served as Chief Executive Officer and Chief Investment Officer for Americas Bullion Royalty Corp. Prior to that, he was President of Eurasian Capital, the royalty and merchant banking division of Eurasian Minerals Inc. He also served as president and a director of International Royalty Corporation, prior to its sale to Royal Gold in 2010.

ClearView® Audio appointed Gregory S. Galliford to the position of chief financial officer. Galliford has served as CFO of two technology firms and was a senior financial analyst at the Hewlett Packard Company.

Waters Corporation (NYSE: WAT) announced that John Ornell, its Chief Financial Officer, has communicated his intention to transition to a reduced workload and resign as the Company’s Chief Financial Officer effective February 1, 2014. Mr. Ornell will then continue to serve the Company in an advisory capacity on a part-time basis. The Board of Directors of the Company has elected Eugene G. Cassis, who currently serves as Corporate Vice President of Worldwide Business Development and Investor Relations, to serve as the Company’s interim Chief Financial Officer effective February 1, 2014. Mr. Cassis has been with Waters Corporation for 33 years. In addition to his significant experience in business development and investor relations, Gene has held several senior positions within Waters including President of Nihon Waters K.K., Tokyo, Japan and Liquid Chromatography – Mass Spectrometry (LC-MS) Business Unit Manager.

MAXIMUS (NYSE: MMS) announced that David N. Walker plans to retire from his role as Chief Financial Officer and Treasurer of. Mr. Walker plans to continue on as a full-time employee to ensure a successful transition until approximately December 2014, whereupon he will assume a part-time support role to the Chief Executive Officer.

ABM (NYSE: ABM) announced that its board of directors elected Stephen Kadenacy, executive vice president and chief financial officer of AECOM Technology Corporation (NYSE: ACM), as an independent director. In addition, he was appointed to the audit committee.

Par Petroleum Corporation (OTC: PARR) announced that Chris Micklas has been named the company’s Chief Financial Officer. Most recently, he served as a senior executive within BG Group Plc’s Chief Operating Office and Global Liquefied Natural Gas business as Finance Director. He has also held senior roles, including Finance Director of U.S. Downstream, at Shell Oil Company. Micklas’ earlier career included various finance positions at General Electric Company.

Vivint Solar named Dana Russell as chief financial officer. His experience includes the merger agreement between Novell and Attachmate, and a patent cooperation agreement with Microsoft. Prior to joining Vivint Solar, Russell was the chief financial officer of software company Allegiance, as well as senior vice president and chief financial officer of Novell from 2005 to 2011.

DST Systems, Inc. (NYSE: DST) announced that it has appointed Gregg Wm. Givens to serve as Vice President, Chief Financial Officer and Treasurer, effective Jan. 1, 2014. He succeeds Kenneth V. Hager, who will retire from DST Systems as planned after 29 years of service to the Company. Mr. Givens has been with DST since 1996. He has served as Vice President and Chief Accounting Officer for the past 14 years.

ValueOptions®, Inc. announced that Douglas Thompson has been named the company’s Executive Vice President and Chief Financial Officer. Thompson replaces Scott Tabakin who is retiring at the end of the year. Upon joining ValueOptions as Senior Vice President of Decision Support and Treasurer in 2012, Thompson served as head of Financial Planning and Decision Support. Prior to joining ValueOptions, Thompson previous work included being Vice President of Financial Planning and Analysis with HealthSpring and Vice President of Financial Planning with Bravo Health.

Relmada Therapeutics Inc. announced that Douglas J. Beck joined the company as its Chief Financial Officer.  Mr. Beck serves on the SEC Practice Committee and the Chief Financial Officers Committee for the New York State Society of CPAs.  He also has significant prior experience in public accounting including at both Andersen LLP and Eisner Amper LLP. From May 2011 to February 2013 Mr. Beck served as CFO at iBio Inc.  Previously, in 2005 he was appointed CFO of Lev Pharmaceuticals, Inc.

Blackstone Mortgage Trust, Inc. (NYSE: BXMT) announced that Paul D. Quinlan, a Managing Director in the finance division of Blackstone, has been appointed Chief Financial Officer of the Company. Mr. Quinlan will succeed Geoffrey Jervis, who, as previously announced by the Company, has resigned to pursue other opportunities. Mr. Quinlan, age 36, will also serve as the CFO of Blackstone’s Real Estate Debt Strategies group. Mr. Quinlan most recently served as Blackstone’s Head of Financial Planning & Business Development. Mr. Quinlan was also the CFO for Blackstone Advisory Partners L.P., encompassing Blackstone’s Advisory, Restructuring & Reorganization and Capital Markets businesses. From 2004 until joining Blackstone in 2010, Mr. Quinlan worked as a Director in the Global Principal Investments Group at Bank of America Merrill Lynch. Prior to this, Mr. Quinlan worked in investment banking at Merrill Lynch and PricewaterhouseCoopers Securities.

Asbury Automotive Group, Inc. (NYSE: ABG) announced, as part of its long-term executive succession planning process, that Senior Vice President and Chief Financial Officer Scott Krenz will retire from the position of Chief Financial Officer, effective December 31, 2013. Current Vice President of Finance Keith Style has been appointed to succeed Scott Krenz as Chief Financial Officer effective January 1, 2014. Keith Style joined the Company in October 2003, and has held several positions during his time with Asbury, having served as Vice President of Finance since November 2008. Prior to his appointment as Vice President of Finance, he served as the Company’s Vice President of Investor Relations, Director of Budgeting & Forecasting, and Assistant Controller.

Hyperdynamics Corp. (NYSE: HDY) announced that it has appointed David Wesson as its new Vice President and Chief Financial Officer. Mr. Wesson, who currently serves as the Company’s Controller, will assume this new role effective January 1.  He succeeds Paul Reinbolt, who will step down from the CFO position at the end of December. Mr. Wesson joined Hyperdynamics in April 2010.  He began his career in the energy industry with Tenneco Oil E&P and spent seven years in various oil and gas accounting assignments there. Subsequently, he joined Swift Energy Company in 1988 and served 21 years in various financial positions, including serving as its Controller from January 2001 to December 2009.

Bankers Financial Corporation (BFC) announced the appointment of Anna C. Arena as Chief Financial Officer. Arena comes to BFC from her role as CFO/Controller of Liberty Mutual.

Chef™ (formerly Opscode) announced that Curt Anderson joins as CFO, having most recently served as CFO for Microsoft’s Manufacturing and Supply Chain Division. He also spent time at Microsoft as CFO of Server and Tools division. Prior to Microsoft, he led a variety of marketing and finance initiatives at Amazon.com.

Apollo Residential Mortgage, Inc. (NYSE: AMTG) announced the Board of Directors appointed Teresa Covello to the positions of Chief Financial Officer, Secretary and Treasurer of the Company effective January 1, 2014. Ms. Covello will assume these titles from Stuart Rothstein, who will step down from these positions effective January 1, 2014 and will retain his role as a member of the investment committee of ARM Manager, LLC (the “Manager”), the external manager of the Company. Ms. Covello currently serves as the Controller of the Manager, a position she has held since she joined Apollo Global Management, LLC (together with its subsidiaries, “Apollo”), the indirect parent of the Manager, in 2012. From 2003 through 2011, Ms. Covello was the Senior Vice President, Chief Accounting Officer and Treasurer of MFA Financial, Inc., a residential mortgage REIT she joined in 2001. Prior to MFA Financial, Ms. Covello was a financial consultant, concentrating in investment banking within the financial services sector and from 1990 through 2000, she held progressive positions with JSB Financial, Inc. Barak Ben-Gal

Findly, a Symphony Technology Group (STG) company, announced that Barak Ben-Gal has joined the company as its new CFO. He began his role in November. Prior to joining Findly, he served as CFO of solar energy company, Sunrun. Ben-Gal previously worked for Support.com, where he led the company’s finance-related operations as controller and vice president of Finance. He also held the position of senior director of Change Management for Yahoo’s Finance Transformation Office.

AllDigital Inc. (OTC: ADGL) announced the addition of a new member to its executive team — Barbara Crofts, CFO. Crofts most recently served as CFO for three middle-market companies, including Loma Linda University Medical Center’s Murrieta Campus construction phase.

Nortech Systems Incorporated (NASDAQ: NSYS) announced that on January 1, Nortech’s current director of finance Paula Graff will be promoted to vice president and chief financial officer. Before joining Nortech Systems, Graff was a consultant with Experis, a division of Manpower, Inc. Previously, she gained extensive finance experience with Munsingwear, Ecolab and The Toro Company.

Johnny Rockets announced Chad Hope as Chief Financial Officer (CFO). Prior to his position with Johnny Rockets, Hope served as CFO of FSC Franchise Co, LLC, franchisor of Beef ‘O’ Brady’s Family Sports Pubs and Brass Tap Craft Beer and Wine Bars. Hope began his career in the Atlanta, Georgia office of Ernst & Young (E&Y). He went on to Fiesta Brands, Inc. as Corporate Controller. In 2009, Hope became the International Controller of Focus Brands, Inc., a multinational franchisor of six QSR concepts, including Auntie Anne’s, Cinnabon and Moe’s Southwest Grill.

HD Supply Holdings, Inc. (NASDAQ: HDS) announced that Evan Levitt has been appointed to serve as Senior Vice President and Chief Financial Officer of HD Supply. Ron Domanico, the current CFO of HD Supply will resign from his position effective upon Mr. Levitt’s appointment. Mr. Domanico will remain employed with HD Supply through April 17, 2014 to assist with the transition, at which time he will retire. Mr. Levitt has served as Vice President and Corporate Controller of HD Supply since 2007 when he joined the Company from The Home Depot, where he was the assistant controller and director of financial reporting from 2004 to 2007. Upon assuming his duties as CFO, Mr. Levitt will continue to serve as HD Supply’s principal accounting officer.

Ocean Power Technologies, Inc. (NASDAQ: OPTT) announced the appointment of Mark A. Featherstone as Chief Financial Officer. Prior to joining OPT, Mr. Featherstone spent over ten years at Quaker Chemical Corporation, most recently as Vice President, CFO and Treasurer. Prior to Quaker, Mr. Featherstone spent several years at both Coty, and Scott Paper, now part of Kimberly-Clark Corporation, in a series of financial and accounting positions of increasing responsibility.

Oil States International, Inc. (NYSE: OIS) announced the appointment of Lloyd A. Hajdik as Senior Vice President, Chief Financial Officer and Treasurer, along with the promotion of Bradley J. Dodson to Executive Vice President, Accommodations. Bradley Dodson, who previously held the position of Senior Vice President, Chief Financial Officer and Treasurer of Oil States, will serve as our Executive Vice President, Accommodations until the completion of the proposed spin-off of the Accommodations business, at which point he will serve as President and Chief Executive Officer of the new public company. Mr. Hajdik most recently held the position of Senior Vice President-Finance and Chief Accounting Officer at Helix Energy Solutions. Prior to joining Helix in 2003, Mr. Hajdik served in a variety of accounting and finance-related roles of increasing responsibility with Houston-based companies, including NL Industries, Inc., Compaq Computer Corporation (now Hewlett Packard), Halliburton’s Baroid Drilling Fluids and Zonal Isolation product and service lines, Cliffs Drilling Company and Shell Oil Company.

Federal-Mogul Corporation (NASDAQ: FDML) announced the appointment of Rajesh Shah as senior vice president and chief financial officer. Shah previously worked at X-Rite, where he was executive vice president and CFO. Prior to that, he held various executive-level positions in finance at several automotive companies, including Cadence Innovation, LLC; Remy International, Inc.; Collins & Aikman; UT Automotive; Varity Corporation; and Kelsey Hayes Group.

Supply Chain Services announced the promotion of Randy Gallatin to the new position of Chief Financial Officer. Gallatin served as the company’s Controller since early 2009. Prior to joining Supply Chain Services, Gallatin was controller for Gunderson Construction.

Movable Ink announced the appointment of Ali Byrd as Chief Financial Officer. Prior to joining Movable Ink, Byrd served as Senior Vice President at SecondMarket. Previous to his role at SecondMarket, Byrd was a Vice President at LimeWire. Earlier in his career, Byrd was an investment banker at Lehman Brothers and before that, he spent nearly a decade at Microsoft. Steven Cakebread

Care.com announced that Steven Cakebread has been appointed to the Company’s Board of Directors where his duties will include Chairman of the Audit Committee. Mr. Cakebread currently serves as Chief Administrative Officer and Chief Financial Officer of D-Wave Systems Inc.  He previously served as the Chief Financial Officer of Pandora Media Inc. from March 2010 to January 2013.  Prior to joining Pandora, Mr. Cakebread was President and Chief Strategy Officer of Salesforce.com, and served as Executive Vice President and Chief Financial Officer of Salesforce.com from May 2002 to February 2008.  Before joining Salesforce.com, Mr. Cakebread spent five years at Autodesk, where he served as Senior Vice President and Chief Financial Officer.  From April 1992 to April 1997, he was Vice President of Finance for Silicon Graphics World Trade.  Mr. Cakebread held various finance and senior management roles at Hewlett Packard in the United States and Asia from 1974 to 1992.

Hardinge Inc. (NASDAQ: HDNG) announced that it has appointed Douglas J. Malone as Vice President & Chief Financial Officer. Mr. Malone joined Hardinge in 2008 as Corporate Controller. Prior to joining Hardinge, he served as Senior Vice President Financial Planning and Analysis for Financial Institutions’ Five Star Bank from 2005 to 2008 and previous to that as Senior Vice President Finance and Operations for a former subsidiary bank of the company.

CFO Moves – week ending December 6, 2013

CFO Moves this week include:

The Hertz Corporation Office Depot, Inc. Fusion-io
Coty Inc. Marvell WWE
Qualstar Corporation Brookline Bancorp, Inc. TransCentra
Midway Gold Corp. Iteris, Inc. MedSynergies, Inc.
Transplace AAI-CML ALLETE
Real Mex Restaurants Sysmex America, Inc. Broadridge Financial Solutions, Inc.
Chobani, Inc. Hill-Rom Holdings, Inc. Gas Natural Inc.
Double Eagle Petroleum Co. Boston Therapeutics, Inc. Delivery Agent, Inc.
Covanta Holding Corporation AVEO Pharmaceuticals, Inc. RainDance Technologies, Inc.
Melinta Therapeutics Precision Health Media Visterra, Inc
Hemispherx Biopharma, Inc. Dyn Edwards Lifesciences 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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The Hertz Corporation (NYSE: HTZ) announced that Thomas (Tom) C. Kennedy has been appointed Senior Executive Vice President and Chief Financial Officer.   David J. Rosenberg, who has been serving as interim Chief Financial Officer since October 1, 2013, will assist Mr. Kennedy during a transition period, before taking on another senior role in the Company’s Finance area. Mr. Kennedy has been serving as Executive Vice President and Chief Financial Officer of Hilton Worldwide, Inc. since 2008.  From 2003 through 2007, Mr. Kennedy served as Executive Vice President and Chief Financial Officer for the Vanguard Car Rental Group (National Car Rental and Alamo Rent-A-Car brands). From 1992 through 2003, Mr. Kennedy worked for Northwest Airlines, Inc. in numerous roles with increasing management responsibility, primarily in the company’s financial areas, including serving two years as the financial controller for Asia based in Tokyo, Japan.  Mr. Kennedy was Senior Vice President and Controller when he left Northwest for Vanguard in 2003.

Office Depot, Inc. (NYSE: ODP), a company formed by the merger of Office Depot and OfficeMax, announced the appointment of Stephen Hare as Executive Vice President and Chief Financial Officer. Hare replaces Co-CFO Mike Newman, who has retired from the Company, and interim Co-CFO Deb O’Connor, who has returned to her position as Senior Vice President, Finance and Co-Chief Accounting Officer. Hare comes to Office Depot, Inc. from The Wendy’s Company where he served as Senior Vice President and Chief Financial Officer from 2011 until September 2013. Hare was Senior Vice President and Chief Financial Officer of Wendy’s/Arby’s Group, Inc. from 2008 through 2011. Previously, he served as Chief Financial Officer of Arby’s Restaurant Group, Inc. Prior to his senior management positions with The Wendy’s Company, Wendy’s/Arby’s Group, Inc., and Arby’s Restaurant Group, Inc., Hare was Executive Vice President of Cadmus Communications Corp. and the President of Publisher Services Group, a division of Cadmus, from 2003 to 2006. He served as Executive Vice President and Chief Financial Officer of Cadmus from 2001 to 2003. From 1996 to 2001, Hare was Executive Vice President and Chief Financial Officer of AMF Bowling Worldwide, where he also was a member of the Board of Directors. From 1990 to 1996, he was Senior Vice President and Chief Financial Officer of James River Corp.Ted Hull

Fusion-io (NYSE: FIO) announced that Ted Hull, previously vice president of finance at Cisco since 2007, has joined Fusion-io as executive vice president and chief financial officer.  Prior to Cisco, Hull served as CFO at Isola, as well as vice president of finance and then CFO at Maxtor, and as vice president of finance at Exodus Communications. He also served as division controller in the IBM SSD division, in addition to other senior financial roles at IBM during his seventeen-year tenure at the company.

Coty Inc. (NYSE: COTY) announced the appointment of Patrice de Talhouet as CFO effective early 2014. He will replace Sergio Pedreiro who will stay on at Coty through March 2014 to provide a seamless transition for Mr. de Talhouet. He was Corporate Finance Officer Americas and a member of the finance executive committee for Mars, Inc.. The five years prior he served as CFO Europe for Mars Global Chocolate. Before joining Mars, Inc., Mr. de Talhouet spent more than a decade in senior finance positions for Alcatel-Lucent. He started his career at Societe Generale bank where he spent four years.

Marvell (NASDAQ: MRVL) announced that Brad D. Feller, Marvell’s Interim Chief Financial Officer, has advised Marvell of his intention to resign from his position to pursue other opportunities. Mr. Feller’s resignation is effective as of December 10, 2013.

WWE (NYSE: WWE) announced that George Barrios, formerly Chief Financial Officer, has been promoted to Chief Strategy and Financial Officer.

Qualstar Corporation (NASDAQ: QBAK) announced the departure of Philip Varley, the Company’s Chief Financial Officer, and the hiring of Louann Negrete as the Company’s new Chief Financial Officer. For the past 2 years Ms. Negrete was the Director of Corporate Accounting for LINE 6, Inc. Prior to Line 6 she was the Corporate Controller for 6 years at Interlink Electronics, Inc. She also served for 6 years as the Corporate Controller for publicly traded Biosource International, Inc. ”

Brookline Bancorp, Inc. (NASDAQ: BRKL) announced that Julie A. Gerschick, Brookline Bancorp’s Chief Financial Officer and Treasurer, has resigned effective December 31, 2013 to pursue other business interests.

TransCentra has named Mike McCloskey chief financial officer. Prior to joining TransCentra, McCloskey was CFO for Atlanta-based Parkmobile USA, Inc. McCloskey previously held several senior level finance positions with organizations including Harland Clarke.

Midway Gold Corp. (NYSE: MDW) announced the appointment of Brad Blacketor to the Midway team as Chief Financial Officer. Prior to joining Midway, Brad was CFO of Gold Resource Corporation, CFO of Bear Creek Mining Corporation and CFO of Metallica Resources Inc. for 11 years. Brad is also a Director and Chairman of the Audit Committee for Kaminak Gold Corporation.

Iteris, Inc. (NYSE: ITI) appointed Walter “Chuck” McBride as chief financial officer. Mr. McBride joins Iteris after serving as the CFO for SRS Labs, Inc. from 2011 to 2012. Prior to SRS, Mr. McBride served as a CFO for various publicly traded technology products and services companies, including Capstone Turbine, First Consulting Group, and Emulex Corporation. He has also served in various senior financial positions for private companies, such as CFO of Synthetic Genomics and CFO of Kistler Aerospace Corporation.

MedSynergies, Inc. announced the company has named Doug Hansen as its new chief financial officer. Most recently, he was CFO for Accelion Health and for the health care division of Perot Systems, now Dell.

Transplace announced the appointment of Tony Cossentino as chief financial officer (CFO). He has served as chief financial officer at several logistics companies, including AmeriCold Logistics, Arnold Logistics, and most recently, Environmental Logistics Services. Cossentino replaced Steve Crowther, who joined Transplace in 2007.

AAI-CML, a new company created upon the merger of AAIPharma Services, Corp. (“AAI”) and Cambridge Major Laboratories, Inc. (“CML”) announced the appointment of Eric Evans as the Chief Financial Officer (CFO) of the merged company. The merged company is a portfolio company of American Capital, Ltd. (NASDAQ: ACAS). Evans was most recently the chief financial officer of AAIPharma Services, Corp. Prior to AAIPharma, Evans was chief financial officer and executive vice president of Patheon, Inc. and vice president and controller for Novartis Pharmaceuticals. He was also chief financial officer for the U.S. division of Sandoz.Steve DeVinck

ALLETE (NYSE: ALE) announced that Controller and Vice President of Business Support Steve DeVinck has been promoted to Chief Financial Officer, effective March 3, 2014. He will replace current CFO Mark Schober, who announced his intention to retire last August. DeVinck joined ALLETE in 1997 after working fourteen years with the U.S. operations of Enbridge Inc., where he held the position of chief accountant and various other leadership roles in accounting and tax. He was promoted to assistant controller at ALLETE in 1999, and in 2004 he was named director-non-utility business development. DeVinck has been ALLETE controller for the past seven years. In 2009, he assumed the additional role of vice president of business support.

Real Mex Restaurants announced the appointment of Blake Barnett to Chief Financial Officer. Barnett joins Real Mex Restaurants from Kraco Enterprises, where he served as Chief Financial Officer since 2012. Prior to Kraco, Blake was Principal Consultant at B&B Consulting for two years. Before B&B Consulting, Blake served as Chief Financial Officer at Ambassadors International (AMIE) and from 2007-2008. Blake also has extensive experience in the food and restaurant business, having served as Chief Financial Officer at Albertsons from 2004-2006 and Divisional Chief Executive Officer for YUM Brands from 2002-2004.

Sysmex America, Inc. announced that Alex Garini has been named Chief Financial Officer. Most recently, Garini served as Vice President, Finance for Siemens Healthcare – North America.  Prior to that, he was Senior Director, Controller – FP&A / Risk Management and Compliance Officer for Siemens Medical Solutions Inc. Garini started at Siemens Brasil, Ltda. in 1990 working in their Marketing and Finance departments in Brazil and Germany and moved through roles of increasing responsibility.  In 1999, he became Chief Financial Officer for Siemens Building Technologies’ Latin American region.  At Siemens, Garini also served as Head of Strategic Projects – Corporate Finance for the Building Technologies business and Director of Finance II – Sales & Risk Management for the IT Solutions and Services division. From 1996 to 1999, Garini left Siemens to work in finance leadership positions at Cerberus Pyrotronics and R.R. Donnelley where he was part of their mergers and acquisitions leadership team in Brazil.

Broadridge Financial Solutions, Inc. (NYSE: BR) announced that Chief Financial Officer Dan Sheldon is taking a temporary medical leave of absence. Michael Liberatore will assume the role of Acting Principal Financial Officer and David Lisa will serve as Acting Principal Accounting Officer until Mr. Sheldon returns. Mr. Liberatore currently serves as chief operating officer of Broadridge’s Mutual Fund and Retirement Solutions Group, prior to which he was chief financial officer of the Investor Communication Solutions business. Mr. Lisa currently serves as Broadridge’s corporate controller.Dipak Golechha

Chobani, Inc. has named Dipak Golechha Chief Financial Officer. Golechha joins Chobani after 18 years at Procter & Gamble, where he held a variety of finance, operational and management positions, including CFO of the Global Snacks Division.

Hill-Rom Holdings, Inc. (NYSE: HRC) announced the appointment of James “Jay” Saccaro as Senior Vice President and Chief Financial Officer.  He will join Hill-Rom on December 30.  Saccaro joins Hill-Rom from Baxter International, Inc., where he held positions of increasing responsibility over his 11-year career.  He most recently served as Vice President and Global Franchise Head of Specialty Pharmaceuticals.  From 2011-2013, Saccaro served as Corporate Vice President and Treasurer and, before that, was the Vice President of Finance for Baxter’s Europe, Middle East and Africa business.

Gas Natural Inc. (NYSE: EGAS) announced that Thomas J. Smith, Vice President and Chief Financial Officer, has announced his plans to retire after a distinguished career of over 50 years, including ten years of service with Gas Natural and its predecessor companies.  Mr. Smith has served in his current role since November 2007.  Mr. Smith will continue in his role until a replacement is found and a seamless transition is completed.

Double Eagle Petroleum Co. (NASDAQ: DBLE) announced that Kurtis Hooley, the Company’s Chief Operating Officer, assumed the position of Chief Financial Officer upon the resignation of the prior Chief Financial Officer in August 2013.  The Company believes that it needs to engage a new Chief Financial Officer so that Mr. Hooley can focus on operations.  Mr. Hooley will work with the Chief Executive Officer of the Company in identifying and hiring his successor as Chief Financial Officer.

Boston Therapeutics, Inc. (OTC: BTHE) appointed S. Colin Neill to its Board of Directors. Mr. Neill replaces Carl Lueders as chair of the Company’s Audit Committee. Mr. Lueders left the Board to spend more time with his new business venture.  Mr. Neill was, most recently, President and Chief Financial Officer of Pharmos Corporation. Mr. Neill has held the Chief Financial Officer position at several companies, including publicly held Pharmos and ClinTrials Research, as well as Axonyx and BTR Inc., a U.S. subsidiary of BTR plc. In addition, the Company named Anthony D. Squeglia as Chief Financial Officer. From 2007 to 2012, Mr. Squeglia was the Chief Financial Officer for Galectin Therapeutics and its predecessor company Pro-Pharmaceuticals. Before that, he held executive management positions at several technology companies, including ATT, ITT and Unisys.

Delivery Agent, Inc. announced the appointment of Michael Novelly as chief financial officer. Prior to Delivery Agent, Novelly was the CFO of Discover Books. Previously, he was vice president of financial planning & analysis, and served a 3-month term as interim CFO at Dolby Laboratories. He also served as CFO for media conglomerate Polygram Television. Additionally, Novelly was responsible for financial planning, analysis, reporting, budgeting and forecasting for Time Warner.

Covanta Holding Corporation (NYSE: CVA) announced that Bradford J. Helgeson will assume the position of Executive Vice President and Chief Financial Officer. Mr. Helgeson has been Covanta’s Vice President and Treasurer since 2007, and previously held senior financial positions at Waste Services, Inc., and worked in investment banking with Lehman Brothers and Donaldson, Lufkin & Jenrette. He will replace Sanjiv Khattri, who will be actively assisting in the transition.

AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO) announced that David Johnston, the Company’s Chief Financial Officer, provided notice of his intention to resign from the Company effective as of December 30, 2013 to pursue a new career opportunity. Tuan Ha-Ngoc, AVEO’s President and Chief Executive Officer, will assume the role of principal financial officer until a replacement Chief Financial Officer is appointed.

RainDance Technologies, Inc. announced that Alfred G. (Alf) Merriweather has joined the company as Chief Financial Officer. Merriweather most recently served as CFO of Verinata Health prior to its acquisition by Illumina. Previously he served as CFO and in senior executive positions with several leading life science and clinical diagnostics companies, including Celera Corporation and Monogram Biosciences.

Melinta Therapeutics announced the appointment of Paul Estrem to the role of chief financial officer. Paul Estrem held several senior positions at Baxter International prior to joining Melinta. Most recently, Mr. Estrem was vice president of integration for Baxter’s Medical Products. Earlier in his tenure, Mr. Estrem served as CFO of the same Baxter’s Medical Products; CFO and vice president of strategy in Baxter Medication Delivery, a division that later became Baxter’s Medical Products; CFO of Baxter Bioscience, a specialty therapeutics division; and CFO of Baxter Ltd, a subsidiary based in Tokyo, Japan.

Precision Health Media has named Richard O’Connor as its first Chief Financial Officer. Richard was previously Co-Founder and CFO of Prime Visibility Media Group. He was previously a principal at Nakita Capital Partners and held key financial positions at Universal Domestic Television and Warner Bros, Domestic TV Distribution.

Visterra, Inc. announced that David Arkowitz has joined the company as Chief Operating Officer and Chief Financial Officer. Most recently, Mr. Arkowitz was at Mascoma Corporation since 2011 where he served as Chief Financial Officer and General Manager, Mascoma Grain Tech. Prior to joining Mascoma, he was Chief Financial Officer and Chief Business Officer of AMAG Pharmaceuticals from 2007 to 2011. Prior to his tenure at AMAG, he served as Chief Financial Officer of Idenix Pharmaceuticals from 2003 to 2007. Previously, he spent more than thirteen years at Merck & Co. including as Vice President and Controller of the U.S. sales and marketing division and as Controller of the global research and development division. Mr. Arkowitz served on the board of directors of Aegerion Pharmaceuticals and ImpactRx.

Hemispherx Biopharma, Inc. (NYSE: HEB) announced that the Board has appointed Thomas Equels as the new Chief Financial Officer. Mr. Equels currently serves as Executive Vice Chairman, Secretary and General Counsel of Hemispherx.

Versatile Systems Inc. (TSX-V: VV) announced that Kelly M. Boyer has been appointed as the Company’s Interim Chief Financial Officer. Kelly M. Boyer will replace Fraser Atkinson. Since 2010, Ms. Boyer has served as President of Kelly Boyer & Associates, Inc. Prior to beginning her consulting practice, Ms. Boyer served in various senior finance roles in companies, both public and private, in various industries including mining, manufacturing, pharmaceuticals and oil and gas.

Dyn announced the hiring of Timothy O’Toole as the company’s Chief Financial Officer (CFO). O’Toole was most recently CFO of Boston-based Rapid7, Inc. Prior to joining Rapid7, O’Toole was the CFO of Mzinga, LLC. He was also Vice President of Finance at BladeLogic Inc.

Edwards Lifesciences Corporation (NYSE: EW) announced it has chosen Scott B. Ullem as the company’s next corporate vice president, chief financial officer (CFO). Ullem will succeed Thomas M. Abate, who announced in May his planned retirement. Ullem joins Edwards from Bemis Company, Inc., where he served as vice president and CFO since 2010. He was previously vice president of finance for the company. Prior to joining Bemis, Ullem held positions of increasing responsibility in the investment banking divisions of both The Goldman Sachs Group, Inc., and Bank of America Corporation.