CFO Moves – week ending August 8, 2014

CFO Moves this week include:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

CFO Moves – week ending August 1, 2014

CFO Moves this week include:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

CFO Moves – week ending July 25, 2014

CFO Moves this week include:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

CFO Moves – week ending July 18, 2014

CFO Moves this week include:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

CFO Moves – week ending July 11, 2014

CFO Moves this week include:

Baxter International Inc.

Hill-Rom Holdings Inc.

LLOG Exploration Co., L.L.C.

Cornerstone OnDemand Inc.

Healthx

PAR Technology Corporation

Compass Minerals

Leucadia National Corporation

ContraVir Pharmaceuticals, Inc.

Inland American Lodging Group, Inc.

Gill Holding Company, Inc.

Smartling

Capnia, Inc.

CommonWealth REIT

American Realty Capital Global Trust, Inc.

PCCI

Fiksu

Saia, Inc.

Essence

Arch Therapeutics, Inc.

Gulfport Energy Corporation

DomiKnow

Global Eagle Entertainment

Home Federal Bancorp, Inc. of Louisiana

OFS Capital Corporation

Cosi, 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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Baxter International Inc. (NYSE: BAX) announced that upon completion of the tax-free distribution of the company’s biopharmaceuticals business, Robert J. Hombach, currently chief financial officer for Baxter International Inc., will be appointed chief financial officer and will assume additional operational responsibilities for the independent biopharmaceuticals company. James K. Saccaro will rejoin Baxter August 4, 2014, and will assume the role of chief financial officer of Baxter International Inc., following completion of the transaction in 2015. Hombach joined Baxter in 1989 and has served in a number of finance positions with increasing responsibility in financial planning, manufacturing, operations and treasury. Prior to assuming his current role in 2010, he served as corporate vice president and treasurer. Hombach also served as vice president of finance, Europe, and vice president of corporate planning, where he led several enterprise-wide initiatives and served as a member of the Baxter strategy team. Saccaro joined Baxter in 2002 and held a number of positions of increasing responsibility in both finance and operations for the company’s Medical Products and BioScience businesses. He was elected corporate vice president and treasurer in 2011. Saccaro rejoins Baxter from Hill-Rom Corporation, where he served as senior vice president and chief financial officer. Prior to joining Baxter, Saccaro started his career with the Walt Disney Company in strategic planning.

Hill-Rom Holdings, Inc. announced that Jay Saccaro, Chief Financial Officer of the Corporation, informed the Corporation that he was resigning to accept a position with his previous employer, Baxter International, as CFO-designate of the post-spin-off company. Mr. Saccaro ceased to be the principal financial officer of the Corporation. Michael Macek, the Vice President and Treasurer of the Corporation, assumed the additional duties of Interim Chief Financial Officer and become the principal financial officer of the Corporation pending the search for Mr. Saccaro’s replacement. Mr. Macek was elected Treasurer in March 2011. Prior to such date, he held the position of Executive Director, Treasury for Hill-Rom since 2008, and a series of financial positions with Hill-Rom since 2005. He also served as the Corporation’s Interim Chief Financial Officer from July 2013 through December 2013.

LLOG Exploration Co., L.L.C. announced it has named Philip S. LeJeune as its Chief Financial Officer to replace John Newman who retired after serving as LLOG’s CFO for the last eleven years. Most recently, he held the position of Vice President, Planning & Budgeting at LLOG. During his seventeen years with LLOG, LeJeune has held various positions of increasing responsibility in the marketing, production accounting, A&D, planning and finance departments. Kristina Salen

Cornerstone OnDemand Inc. (NASDAQ: CSOD) announced that Kristina Salen, chief financial officer of online marketplace Etsy, has been elected to Cornerstone OnDemand’s board of directors. Salen has served as chief financial officer of Etsy, an online marketplace, since January 2013. From January 2006 to January 2013, Salen served in several roles at Fidelity Investments.

Healthx announced the appointment of Kathy Kinder as Healthx Chief Financial Officer. Ms. Kinder was the chief financial officer and senior vice president for Consona Corporation, now Aptean.

PAR Technology Corporation (NYSE: PAR) announced that John S. Barsanti has been appointed to the Company’s Board of Directors. Mr. Barsanti is currently Chief Operating Officer for the Roman Catholic Diocese of Syracuse New York. Prior to that Mr. Barsanti held the roles of President of Crane Merchandising Systems, a business segment of Crane Co., and also was Chief Financial Officer of Carlisle Companies Incorporated. During his professional career Mr. Barsanti also held additional positions within Carrier Corporation, in investment management and as a business entrepreneur. Additionally, Mr. Barsanti, who qualifies as a financial expert, was named Chairman of the Audit Committee of PAR’s Board, and will be the presiding director of non-management and independent directors. Mr. Barsanti will also serve as a member of the Nominating/Corporate Governance Committee and as a member of the Company’s Compensation Committee.

Compass Minerals (NYSE: CMP) announced today that Rodney Underdown, Chief Financial Officer, will depart the company on December 31, 2014, to pursue other professional interests.

Leucadia National Corporation (NYSE: LUK) announced that, effective September 1, 2014, Teresa S. Gendron will become Leucadia’s Chief Financial Officer, succeeding Joseph A. Orlando, who is retiring then for health reasons. Ms. Gendron was most recently the Vice President and Controller of Gannett Co., Inc., in which role she was Gannett’s Chief Accounting Officer from 2011. Previously, Ms. Gendron held the same position of Vice President and Controller at NII Holdings, Inc., which she joined as its Finance Director in 1998. Ms. Gendron began her career in accounting at KPMG LLC, which she joined in 1991.

ContraVir Pharmaceuticals, Inc. (OTC: CTRV) announced that William Hornung has joined the Company as its Chief Financial Officer. Prior to becoming CFO at ContraVir, Mr. Hornung held positions of increasing responsibility with PTC Therapeutics Inc., most recently serving as Vice President of Finance. Mr. Hornung also held positions of increasing responsibility with Elan Pharmaceuticals (formerly The Liposome Company) from 1998 through 2002.

Inland American Lodging Group, Inc. (IALG), a wholly owned subsidiary of Inland American Real Estate Trust, Inc., announced that Andrew J. Welch has joined the company as executive vice president and chief financial officer. Previously, Mr. Welch was employed by FelCor Lodging Trust from 1998 through 2013, including as its executive vice president and chief financial officer from 2006 to 2013. Prior to joining FelCor, he served as vice president and treasurer of Bristol Hotel Company from 1997 to 1998. Mr. Welch has also held investment banking positions with Bank of America, N.A. and Citibank, N.A.

Gill Holding Company, Inc. announced that J. Timothy Gargaro has joined the company as its Chief Financial Officer. Most recently, Tim was Chief Financial Officer of Constellation Enterprises, LLC. Tim began his global career at Lear Corporation, holding several senior positions in finance. From there he served as Chief Financial Officer of Delco Remy International. Tim had CFO stints at JL French Automotive, Exide Technologies and Oxford Automotive, Inc.

Smartling announced the appointment of Adi Dehejia as chief financial officer (CFO). Prior to joining Smartling, Dehejia was the CFO for Rhapsody International Inc. Before Rhapsody, Dehejia was a managing director at private equity investment firm Sandler Capital Management. He has also held leadership positions at AirTouch Communications Inc., Hellman & Friedman and Dillon Read & Co.

Capnia, Inc. announced the appointment of David O’Toole as Chief Financial Officer. Prior to joining Capnia, Mr. O’Toole served as Chief Financial Officer at Codexis, Inc. from 2012 to 2014, Response Genetics, Inc. from 2010 to 2012, and Abraxis BioScience, Inc. from 2008 to 2009. Prior to his Chief Financial Officer experience, David spent 16 years with the accounting firm of Deloitte & Touche LLP, including 12 years as a partner.

CommonWealth REIT (NYSE: CWH) announced the appointment of Adam Markman as CommonWealth REIT’s Executive Vice President, Chief Financial Officer and Treasurer. Mr. Markman served as Managing Director of Green Street Advisors, Inc., where he worked from 1994 to 2014. Mr. Markman has also served as a real estate consultant at Kenneth Leventhal & Co. Mr. Markman was a member of Green Street’s Board of Directors, and currently sits on Mark IV Capital’s Board of Directors and the Executive Committee of U.C. Irvine’s Center for Real Estate. 

American Realty Capital Global Trust, Inc. announced that Patrick J. Goulding has been named Chief Financial Officer to succeed Nicholas Radesca. Mr. Goulding joins ARC Global from Morgan Stanley, where he most recently served as a managing director and global head of portfolio management for Morgan Stanley’s real estate platform. Prior to joining Morgan Stanley in 2010, Mr. Goulding served as managing director at Strategic Value Partners.

PCCI announced the appointment of Jarred Mayrosh as Executive Vice President and Chief Financial Officer. Mr. Mayrosh joins PCCI from ORIX Americas. He held prior positions at ORIX as head of alternative investments in ORIX Capital Markets and global investments in ORIX Real Estate Capital. He most recently served as Managing Director in corporate development. Prior to ORIX, Mr. Mayrosh worked at Lehman Brothers in the investment banking group focused on M&A and corporate finance in the technology and industrial sectors.

Fiksu announced it has hired Ken Goldman to be the company’s first Chief Financial Officer. Ken joins Fiksu from Black Duck Software. Goldman was SVP and CFO at Salary.com from 2006 through 2008. Earlier in his career, Goldman held executive positions as Chief Financial Officer at Lodestar Corporation, Student Advantage, MediaMap, Shoplink.com, Liberty International Holdings, and Goldweitz & Company.

Saia, Inc. (NASDAQ: SAIA) announced that Vice President of Finance and Chief Financial Officer (CFO) James Darby plans to retire after a distinguished career spanning more than 30 years, including the past 14 years with Saia.Joe Tomasulo

Essence announced the hiring of Joseph Tomasulo as its global chief financial officer, and the promotion of Mark Nancarrow to global chief operating officer. Previously, Tomasulo was the global CFO for the digital agencies within Publicis Groupe, including DigitasLBi and Razorfish. Nancarrow joined Essence as CFO in 2010 and, in 2013, took on additional duties as COO. With more than 30 years of experience, Nancarrow has worked at myriad companies, including HSBC, where he ran its credit card business in the United Kingdom, and Egg, of which he was the CEO.

Arch Therapeutics, Inc. (OTC: ARTH) has appointed Richard Davis as Chief Financial Officer and Treasurer. Mr. Davis, who has worked as a consultant at Arch since April. The Company’s current Chief Financial Officer and Treasurer, Alan Barber, has resigned from his position and has become an advisor to the Company. Most recently, Mr. Davis has been an advisor to small and mid-size companies assisting them in their accounting, financial reporting, investor and banking needs. Prior to that, he was President, Chief Operating Officer and Chief Financial Officer at NMT Medical, Inc. Prior to that, he was Vice President and Chief Financial Officer at Q-Peak, Inc. Earlier, he worked in a variety of senior level positions at the Coleman Company, The TJX Companies, Inc. and Wang Laboratories.

Gulfport Energy Corporation (NASDAQ: GPOR) announced that Aaron Gaydosik has been appointed to serve as Chief Financial Officer. Most recently, Mr. Gaydosik served as Vice President of Finance at Kodiak Oil & Gas Corp. Prior to joining Kodiak, Mr. Gaydosik served as a Director in the Oil and Gas Group at Credit Suisse. His prior investment banking experience also includes two years in the energy group at Wachovia Securities.

DomiKnow (OTC: DMNO) announced the hiring of Mark White as CFO. Prior to joining DomiKnow, Mr. White was involved in a number of technology, alternative energy, and consumer goods companies including: President of Glen Arbor, Inc., President of Clean America Energy, Inc., Executive Vice President of Sales and Marketing at Hirsh Industries, and Vice President of Sales and Marketing at Design House.

Global Eagle Entertainment (NASDAQ: ENT) announced that it has appointed Dave Davis as Chief Executive Officer and member of the Board of Directors. A veteran of Northwest Airlines and US Airways, Davis was previously the Chief Financial Officer and Chief Operating Officer of Global Eagle Entertainment (GEE). Before his appointment as CEO, Davis served as GEE’s Chief Operating Officer since January 2014, Chief Financial Officer since January 2013, and a board member of Row 44 since 2011. Davis spent a total of nearly nine years at Northwest Airlines, ultimately as EVP and Chief Financial Officer. Other positions held by Davis have included Senior Managing Director of Perseus LLC, Partner and Co-Founder of Bearpath Capital LLC and Chief Financial Officer of Kraton Polymers and US Airways. Davis will continue to serve as Chief Financial Officer until after the filing of GEE’s Quarterly Report on Form 10-Q for the second quarter, at which time Mike Zemetra, currently SVP Finance and Chief Accounting Officer, will be appointed acting CFO.

Home Federal Bancorp, Inc. of Louisiana (the “Company”) (NASDAQ: HFBL) the holding company for Home Federal Bank (“Home Federal” or “HFB”), announced the appointment of Glen Brown as Senior Vice President and Chief Financial Officer of the Company and Home Federal. Most recently, he served 17 years as Vice President and Controller for Teche Federal Bank in New Iberia, Louisiana, the wholly owned subsidiary of Teche Holding Company. Prior to joining Teche, Mr. Brown spent 19 years in various accounting and finance roles with First Federal Bank in Lake Charles, Louisiana. As part of the on-going transition plan reported in December 2012, the Company’s long-time Executive Vice President and CFO, Clyde Patterson will assist Mr. Brown in the transition and continue as Treasurer of the Company until retirement which is targeted for December 31, 2017.

OFS Capital Corporation (NASDAQ: OFS) announced that Jeffrey Cerny has been appointed as Chief Financial Officer and Treasurer. Mr. Cerny has served as a member of the Investment Committee of the external advisor since 2010 and replaces Robert Palmer, who has resigned from his positions as Chief Financial Officer and Treasurer. Mr. Cerny joined OFS Management in 1999 and has been part of its leadership group since 2000. He has been actively involved in the investing and corporate activities of the firm. Prior to that, Mr. Cerny held various positions at Sanwa Business Credit Corporation, American National Bank and Trust Company of Chicago and Charter Bank Group, a multi-bank holding company.

Cosi, Inc. (NASDAQ:  COSI) announced that it has hired Scott Carlock as Chief Financial Officer. Carlock joins Cosi from quick-service restaurant leader Yum! Brands, Inc. where he has been employed for the past 13 years.  He has held several senior finance and accounting roles with Yum! Brands, including Senior Manager of Finance for KFC US, Business Unit Controller and Senior Manager of KFC and Long John Silver, Associate Manager of SEC Reporting, and most recently, Tax Controller and Director. Carlock will replace Bill Koziel, Cosi’s current CFO.  Prior to joining Yum! Brands, Inc., Mr. Carlock served as Corporate Controller of PrintCafe, Inc. From October 1993 to November 2000, Mr. Carlock served in several finance and accounting roles with Mellon Financial Corporation, most recently as Vice President Controller of its eCommerce Group.  From September 1990 to October 1993, Mr. Carlock served as an auditor for KPMG, LLP.

CFO Moves – week ending July 4, 2014

CFO Moves this week include:

Twitter, Inc. Autodesk, Inc. Salesforce.com
Cooper Tire & Rubber Company American Express Global Business Travel Bank of Bird-in-Hand
Silicor Materials, Inc. Tile Shop Holdings, Inc. j2 Global, Inc.
Elkay Manufacturing Grandparents.com, Inc. Gilt
GlobalLogic Nanomix Inc. The First Marblehead Corporation
Signet Jewelers Limited Cellular Dynamics International, Inc. Bear State Financial, Inc.
Foundation Healthcare, 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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Twitter, Inc. announced that Mike Gupta, Chief Financial Officer, will be assuming the role of Senior Vice President, Strategic Investments within the next 30 days. Twitter’s board of directors has appointed Anthony Noto as its Chief Financial Officer (“CFO”) to replace Mr. Gupta effective as of a date within the next 30 days. Mr. Noto served as a Managing Director in the Technology, Media and Telecom Investment Banking Group at Goldman, Sachs & Co. from October 2010 to June 2014. Mr. Noto served as Co-Head of Goldman Sachs’ Technology, Media and Telecom Investment Banking group from September 2011 to May 2014. From February 2008 to September 2010, Mr. Noto served as the CFO of the National Football League. From May 1999 to January 2008, Mr. Noto served in various roles at Goldman Sachs, including as the Internet and Media Equity Research Analyst and the head of the Communication, Media and Entertainment Equity Research Team.

Autodesk, Inc. (NASDAQ: ADSK) announced the resignation of Mark Hawkins, the company’s executive vice president and chief financial officer. After more than five years at Autodesk, Hawkins is leaving the design and engineering software leader at the end of July to become chief financial officer at salesforce.com.

Salesforce.com (NYSE: CRM) announced that Mark Hawkins will join the company as Chief Financial Officer, effective August 1, 2014. Hawkins joins salesforce.com from Autodesk, Inc., where he served as CFO and executive vice president since 2009. He has more than 30 years of experience with leading companies including Autodesk, Logitech, Dell, and Hewlett-Packard. Current salesforce.com CFO Graham Smith, whose planned retirement was announced earlier this year, will remain employed full-time by the company as an advisor until March 31, 2015, to ensure a seamless transition. Smith has been salesforce.com’s CFO since 2008. Prior to joining Autodesk, Hawkins was CFO and senior vice president of finance & IT at Logitech International SA. From 2000 and 2006, Hawkins held various finance roles at Dell Inc., where he served as vice president of finance for the company’s multibillion-dollar Worldwide Procurement and Logistics organization, and vice president of finance for Dell’s U.S. Home Segment. Prior to Dell, Hawkins spent nearly 19 years at HP where he held a variety of finance and business management roles. Hawkins serves on the Board of Directors of Plex Systems. He was previously a member of the Board of Directors of BMC Software from 2010 until BMC was taken private in 2013. Brad Hughes

Cooper Tire & Rubber Company (NYSE: CTB) announced that Chief Financial Officer (CFO) Brad Hughes has been appointed President—International Operations. In the near-term, Hughes will continue to serve as CFO in addition to his new position while Cooper conducts an executive search for his successor in the CFO role. Hughes joined Cooper in 2009 as Vice President and Chief Financial Officer. Formerly a 23-year employee of Ford Motor Company in Dearborn, Mich., Hughes previously worked as Global Product Development Controller for Ford in Dearborn; as Finance Director for Ford’s South America Operations in Sao Paulo, Brazil; as Director of European Business Strategy and Implementation in Cologne, Germany; as European Manufacturing Controller, also in Cologne; and in other corporate finance and treasury positions. Prior to joining Ford, Hughes worked for Fruehauf Finance Corp.

American Express Global Business Travel has named Norma Corio as Chief Financial Officer. Most recently, Ms. Corio served as Co-President and a Managing Director of Miller Buckfire. Prior to joining Miller Buckfire, Ms. Corio spent 30 years working at JPMorgan Chase & Co., most recently serving as Head of the Special Investments Group. In August 2008, Ms. Corio was appointed Treasurer of JPMorgan Chase. Previously, she was Head of Restructuring in the firm’s Investment Banking division. Ms. Corio also held positions in corporate finance and lending, investor relations, and credit and risk management.

Bank of Bird-in-Hand announced that Lori A. Maley was appointed Interim President and Chief Executive Officer. In addition, she will continue to serve as Executive Vice President and Chief Financial Officer.

Silicor Materials, Inc. has appointed Craig Wellen as its new Chief Financial Officer. Wellen previously served as CFO of smart grid solutions provider BPL Global, Ltd. Prior to BPL Global, Wellen served as an energy-focused investment banker including as one of the founding partners of Greentech Capital Advisors, as well as a senior investment banker at Citigroup and Societe Generale.

Tile Shop Holdings, Inc. (NASDAQ: TTS) announced the appointment of Kirk Geadelmann as its new Chief Financial Officer. Mr. Geadelmann will transition into the role on August 12, 2014, succeeding CFO Timothy C. Clayton, who has resigned his position to accept an executive position with another company. Mr. Clayton will remain with the Company until mid-August to ensure a smooth transition of responsibilities. Prior to joining the Company, Mr. Geadelmann worked for 14 years at Best Buy, Inc., most recently serving as the corporate and international controller. Prior to Best Buy, he held roles with BMC Manufacturing, Arthur Andersen, Allianz Insurance and Coopers & Lybrand, where he earned his CPA certification.

j2 Global, Inc. (NASDAQ: JCOM) announced that j2 Global’s current President and former CFO, R. Scott Turicchi, will assume the role of Chief Financial Officer effective with Kathleen Griggs’ departure from her position as Chief Financial Officer and Treasurer of j2 Global on August 8, 2014, for personal reasons. John Pendergast

Elkay Manufacturing announced that John M. Pendergast will be joining the company as Chief Financial Officer, effective July 14, 2014. Prior to joining Elkay, John was with Broan-NuTone Group, where he has served as Group Senior Vice President and Chief Financial Officer since 2001. Prior to Broan-NuTone Group, he served as Chief Financial Officer for eBizMix, a division of Hallmark Cards, eFunds /Deluxe Data, a division of Deluxe Checks and Amity Leather Products.

Grandparents.com, Inc. (OTC: GPCM) announced that Joseph Bernstein, Co-CEO, CFO, Treasurer and Director, has retired from the Company. The company has hired Riaz Latifullah as its new Chief Financial Officer. Mr. Latifullah joins Grandparents.com from AARP. He most recently served as Director of Brand Operations at AARP and previously served as Vice President, Financial Management & Operations for AARP Services (AARP’s for-profit subsidiary). Prior to joining AARP, Mr. Latifullah was General Manager of TV on the Web, an Internet video company; a government relations representative for the U.S. Merchant Marine Academy Alumni Foundation; and an Investment Banking Associate at Ryan, Lee & Co.

Gilt announced the appointment of Adrianne Shapira to the company’s Board of Directors. Ms. Shapira has served as the Chief Financial Officer of David Yurman since 2012. Prior to joining David Yurman, Ms. Shapira had a 13-year tenure at Goldman Sachs, where she was Managing Director in Global Investment Research covering the Broadlines Retail sector.

GlobalLogic announced that Anna Brunelle has joined the company as CFO. Ms. Brunelle will be based at GlobalLogic headquarters in San Jose. Ms. Brunelle spent eight years at TiVo, the last five as CFO. Prior to that, Ms. Brunelle worked at BroadVision as VP of Finance and also completed two successful IPOs with Roxio and Sunrise Telecom.

Nanomix Inc. announced the appointment of Brian Jung as Vice President of Finance and Chief Financial Officer.  Mr. Jung’s 20 years of financial and healthcare experience includes roles as Chief Business Development Officer at Alameda Hospital and Chief Financial Officer at Cal eConnect as well as management level financial positions with Kaiser Permanente, Blue Shield of California, United Behavioral Health, and McKesson HBOC.

The First Marblehead Corporation (NYSE: FMD) announced that Alan Breitman will be joining the Company’s leadership team as Chief Financial Officer, Chief Accounting Officer and Managing Director, effective August 4, 2014. Mr. Breitman will be joining the Company from Corporate Fuel Advisors, LLC, where he has served as a Managing Director since 2006. Previously, he held various executive positions, including Chief Financial Officer at the privately held Metro Lights Advertising, LLC from 2001 to 2006 and Chief Financial Officer at the privately held TechSpace, Inc. from 2000 to 2001. Earlier, he served as Vice President Finance and Accounting and Treasurer at the publicly traded Registrer.com, Inc.

Signet Jewelers Limited (NYSE: SIG) announced that Ronald Ristau resigned from his position as Chief Financial Officer, effective July 31, 2014, and Michele Santana, currently Signet’s Senior Vice President and Controller, has been promoted to Chief Financial Officer Designate. Ms. Santana will succeed Mr. Ristau as Chief Financial Officer of Signet following his departure. Ms. Santana joined Signet in 2010 and has served as Senior Vice President and Controller since that time. Prior to joining Signet, Ms. Santana held key leadership positions at KPMG LLP.

Cellular Dynamics International, Inc. announced that David S. Snyder gave notice of his resignation as Executive Vice President and Chief Financial Officer of the Company, effective July 10, 2014. The Company has accepted Mr. Snyder’s resignation and appointed Timothy D. Daley as Vice President and Interim Chief Financial Officer of the Company (“CFO”). Mr. Daley has been a consultant to the Company since 2009, providing assistance to the Company with its preparation for its initial public offering in July, 2013 and with its financial reporting as a public company. Since 2004, he has provided part-time and interim CFO/Controller and SEC reporting services to several organizations through his firm Timothy Daley CPA LLC of which he is the sole principal. From 1998 to 2004 he held various finance positions, including Treasurer and Controller, at Sonic Foundry, Inc.

Bear State Financial, Inc. appointed Sherri R. Billings, formerly Executive Vice President and Chief Financial Officer of the Company, to serve as Executive Vice President and Chief Accounting Officer of the Company. Ms. Billings will continue to serve as the principal accounting officer of the Company. The Company appointed Matt Machen as Executive Vice President and Chief Financial Officer of the Company. Mr. Machen will serve as the Company’s principal financial officer. Mr. Machen joined the Company’s banking subsidiary, First Federal Bank, in 2011 as a Senior Vice President and has served as a Regional President of First Federal Bank since 2012. Prior to joining First Federal Bank, Mr. Machen worked for First Security Bank from 2005 to 2011 primarily serving as a Vice President.

Foundation Healthcare, Inc. (OTC: FDNH) announced the appointment of Hubert King to the position of Chief Financial Officer. Mr. King, previously served as Vice President and Chief Financial Officer of SoutheastHEALTH. Mr. King’s career includes other positions as Chief Financial Officer of hospitals and healthcare systems as well as public company experience as Vice President of a publically traded hospital services company with over $125 million in revenues.

CFO Moves – week ending June 27, 2014

CFO Moves this week include:

Genpact Limited RTI International Metals, Inc. Groupon, Inc.
Hillenbrand, Inc. Kolltan Pharmaceuticals Ruby Tuesday, Inc.
Greenbelt Resources Corporation Health Care REIT, Inc. PIXIA Corp.
API Technologies Corp. Cinemark Holdings, Inc. Pernix Therapeutics Holdings, Inc.
Great Lakes Dredge & Dock Corporation Cordoba Corporation Cirque Energy, Inc.
MFC Industrial Ltd. MTS Systems Corporation Virobay, Inc.
Pilot Chemical Company Innovari Data Intensity
Eisai Inc. Landauer, Inc. CRAiLAR Technologies Inc.
SAVO Group Spotlight Innovation, Inc. Sibling Group Holdings, Inc.
Nutroganics, Inc. Novatel Wireless, Inc. Bank First
Epic Health Services, Inc. Chico’s FAS, Inc. Energy Recovery Inc.
Bob Evans Farms, Inc. Cytec Industries 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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Genpact Limited (NYSE: G) announced that Edward J. Fitzpatrick has been appointed chief financial officer effective July 15, 2014. Fitzpatrick most recently served as the CFO of Motorola Solutions Inc.  He succeeds Mohit Bhatia, who has served as Genpact CFO since 2010.  Bhatia will remain with the company in the position of SVP, Internal Transformation reporting to the CEO and will assist Fitzpatrick in the transition. Fitzpatrick joined Motorola in 2000 and served as chief financial officer from February 2009 to August 2013. Prior to Motorola’s acquisition of General Instrument Corporation, Fitzpatrick was part of the finance team at General Instrument. He began his career at Price Waterhouse.

RTI International Metals, Inc. (NYSE: RTI) announced that effective July 1, 2014, Michael G. McAuley joins RTI as Senior Vice President and Chief Financial Officer. Current Senior Vice President Bill Hull becomes RTI’s first Chief Risk Officer after seven years as the company’s CFO. From 2004 to 2012 McAuley held positions including Vice President and Treasurer, and Vice President and Segment Controller at Goodrich Corporation, acquired by United Technologies Corporation in July 2012. Prior to joining Goodrich, McAuley spent more than 16 years at Air Products and Chemicals, Inc., in corporate and divisional financial management positions that included investor relations, controller, financial analyst and auditor.

Groupon, Inc. (NASDAQ: GRPN) announced the appointment of Ann Ziegler as an independent director. Ms. Ziegler will be a member of the firm’s Compensation and Nominating and Corporate Governance Committees. Ms. Ziegler is Senior Vice President and Chief Financial Officer of CDW, Inc. She joined CDW in 2008. Prior to joining CDW, Ms. Ziegler held a number of executive positions with Sara Lee, including finance, strategy and general management roles in both United States and international businesses. She also serves on the board of directors of Hanesbrands, Inc. Kristina Cerniglia

Hillenbrand, Inc. (NYSE: HI) announced that Kristina A. Cerniglia will be joining the company as its Senior Vice President and Chief Financial Officer (CFO). Cerniglia will start with the Company in early August. Cerniglia most recently served as Vice President, Corporate Controller at Stanley Black & Decker.  Prior to Stanley Black & Decker, Cerniglia spent nine years at United Technologies Corporation in various financial roles of increasing responsibility.

Kolltan Pharmaceuticals appointed Jane Henderson to the newly established position of Senior Vice President, Chief Financial and Business Officer. In addition to her role at Kolltan, Ms. Henderson currently serves on the Board of Directors of Eleven Biotherapeutics. Prior to joining Kolltan, she served as Vice President, Business Development at ISTA Pharmaceuticals, Inc. Previously, Ms. Henderson was Executive Vice President, Chief Financial Officer and Chief Business Officer of Panacos Pharmaceuticals and served in similar roles at Axerion Therapeutics. Prior to these corporate positions, she held senior investment banking positions for close to two decades in the health care groups of HSBC Securities, CIBC World Markets, Lehman Brothers and Salomon Brothers.

Ruby Tuesday, Inc. (NYSE: RT) announced that Jill Golder has been promoted to Executive Vice President and Chief Financial Officer, succeeding Michael Moore who announced his retirement. Ms. Golder joined Ruby Tuesday on April 15, 2013 as Senior Vice President, Finance, initially leading Financial Planning and Analysis, and Marketing Analytics, and assumed leadership of Information Technology and Investor Relations during the last year. Prior to joining Ruby Tuesday, she was the Chief Financial Officer for Cooper’s Hawk Winery & Restaurants. Ms. Golder spent 23 years at Darden Restaurants holding progressively responsible positions in finance. During her last 10 years with Darden, Ms. Golder held the position of Senior Vice President, Finance, leading finance for brands including Olive Garden, Red Lobster, and the Specialty Restaurant Group.

Greenbelt Resources Corporation (OTC: GRCO) announced the appointment of Joseph Pivinski as Chief Financial Officer. Pivinski has served as interim CFO since July 2013.

Health Care REIT, Inc. (NYSE: HCN) announced that Geoffrey G. Meyers has been appointed to its Board of Directors and will serve on the Compensation, Investment and Planning Committees. Mr. Meyers has more than 30 years of health care industry experience, having most recently served as Chief Financial Officer, Executive Vice President and Treasurer of HCR Manor Care, Inc. From 1998 until his retirement in 2006, Mr. Meyers served as Chief Financial Officer for HCR Manor Care, Inc. Prior to his work at HCR Manor Care, Mr. Meyers served as CFO of the Health Care Division of Owens-Illinois, Inc. Mr. Meyers is currently a member of the Board of Directors of HCA. He is also Chairman of the Board of Directors of PharMerica.

PIXIA Corp. announced Bill Santo as their new Chief Financial Officer. Bill served as CEO of Firepond. He also served as Founder and CEO of InfoCellular. Prior to joining PIXIA Corp., Bill served as Managing Director at Sanders Morris Harris Group, CIO of Madison Williams and Company (an SMHG investment) and Managing Director at IFG Capital Management.

API Technologies Corp. (NASDAQ: ATNY) announced that Claudio Mannarino, Senior Vice President, has been promoted to Senior Vice President and Chief Financial Officer, replacing Phil Rehkemper who resigned his position as CFO to accept another position. Mr. Rehkemper has served as CFO since April 2012. Mr. Rehkemper has agreed to remain with the Company until July 3, 2014 to assist in the CFO transition. Mr. Mannarino has been with API since 2000 and has over 20 years of finance and professional accounting experience. Prior to his current role as Senior Vice President, Mr. Mannarino served various senior-level management roles throughout the Company’s finance organization. Before joining API Technologies, Mr. Mannarino served as Controller for two divisions of Transcontinental, Inc. Sean Gamble

Cinemark Holdings, Inc. (NYSE: CNK) announced Sean Gamble has been appointed as the company’s Executive Vice President and Chief Financial Officer and will join the team effective August 25th. Mr. Gamble will succeed Robert Copple, who was promoted to President and Chief Operating Officer in January. Mr. Gamble joins Cinemark after five years at NBCUniversal where he served as Executive Vice President and Chief Financial Officer and was responsible for Universal Picture’s global financial operations. Prior to joining NBCUniversal, Mr. Gamble held several senior level positions with the General Electric Company.

Pernix Therapeutics Holdings, Inc. (NASDAQ: PTX) announced the appointment of Sanjay Patel as Chief Financial Officer. Mr. Patel brings to Pernix over 15 years of investment banking, institutional investment and public policy experience. Mr. Patel has assisted specialty pharmaceutical and healthcare companies raise more than $7 billion in initial public offerings, follow-on offerings, debt offerings and private placements. He has served as a financial advisor on a variety of mergers, acquisitions and strategic alliances. While on the buyside at a $5bn fund, Mr. Patel was responsible for a global portfolio of generic and specialty pharmaceutical holdings. He also worked with the William J. Clinton Foundation and the Global Fund to negotiate and implement long-term supply agreements for HIV and malaria drugs throughout the developing world.

Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) announced that Mark Marinko has been appointed Senior Vice President and Chief Financial Officer. Mr. Marinko joins the Company to fill the role vacated in April 2014 and held in interim by the Vice President and Controller, Katherine Hayes. Mr. Marinko starts at Great Lakes with a strong background in operations and finance working for TransUnion, LLC through August 2013. Mr. Marinko was most recently President of the Consumer Services division at TransUnion. Prior to his position as president, Mr. Marinko has been in increasing accounting and financial roles as Controller and Vice President of Finance at TransUnion since 1996. Prior to TransUnion, Mr. Marinko served as controller of Official Airline Guides.

Cordoba Corporation announced the appointment of its Managing Partner and Chief Financial Officer, Maria Mehranian, to the Dean’s Leadership Board of the College of Engineering at California Polytechnic State University, Pomona. Ms. Mehranian will draw on her expertise in water engineering, planning, and policy that she has gained over 27 years at Cordoba Corp. and at the Los Angeles Regional Water Quality Control Board, where she has served since 2008. She served as the chair of the Board from February 2012 to February 2014.

Cirque Energy, Inc. (OTC: EWRL) announced the appointment of David W. Morgan as Chief Financial Officer. Mr. Morgan is a veteran of the technology industry with extensive experience as a CFO. Roger Silverthorn, the Company’s current CFO, is assuming the newly-created position of Vice President of Business Development. Mr. Morgan has over 30 years of management experience with several technology companies, including 15 years’ experience as a CFO.

MFC Industrial Ltd. (NYSE: MIL) announced that Samuel Morrow has been appointed Chief Financial Officer of the Company. Mr. Morrow replaces James Carter, who will continue with the Company as Vice President, Finance. Mr. Morrow is the Deputy Chief Executive Officer of the Company.

MTS Systems Corporation (NASDAQ: MTSC) announced the planned retirement of Sue Knight, Senior Vice President and Chief Financial Officer, and the appointment of Jeff Oldenkamp, currently the Vice President of Finance for the MTS Test business, as her successor.  Sue will retire at the end of calendar year 2014, at which time Jeff will assume the CFO role. Prior to joining MTS in January of 2014, Mr. Oldenkamp was the Americas Operations Chief Financial Officer and Vice President of Finance for Nilfisk-Advance, Inc.  He also has held various financial leadership positions at Emerson Electric, Inc., including Chief Financial Officer and Vice President of Finance for Rosemount Flow Division.

Virobay, Inc. announced the appointment of James Welch as Chief Financial Officer. Prior to joining Virobay, Mr. Welch was Chief Financial Officer at AcelRx Pharmaceuticals. Previously, Mr. Welch was Chief Financial Officer at Cerimon Pharmaceuticals. Before Cerimon, Mr. Welch was Chief Financial Officer at Rigel Pharmaceuticals. Earlier in his career, Mr. Welch was Chief Financial Officer of Biocircuits Corporation, and held various financial and operational management positions at technology firms in Silicon Valley, including NeXT Computer and Avantek. David Waizmann

Pilot Chemical Company announced that David Waizmann has been promoted to Chief Financial Officer, a new position within the company. Waizmann was previously Director of Finance and Accounting. Waizmann joined Pilot in December 2005 as Controller. Prior to joining Pilot, he worked for Reynolds & Reynolds/Relizon/Workflow One for over eight years.

Innovari announced its appointment of Judd Rabb as Chief Financial Officer. Most recently, Rabb was CFO and vice president of administration for SolarBridge Technologies, Inc. Rabb also served as the CFO and vice president of finance for Illumitex, Inc., CFO and vice president of finance for ColdWatt, Inc. (acquired by Flextronics), and corporate controller for Green Mountain Energy Company.

Data Intensity announced the addition of Kevin Shone as Chief Financial Officer. He was previously Chief Financial Officer and Treasurer for privately held and publicly traded companies, including NextG Networks and Unica Corporation. He also held various back-office leadership roles at Cognos, Inc., including Vice President of Global Field Finance and Administration.

Eisai Inc., the U.S. pharmaceutical subsidiary of Eisai Co., Ltd., announced the appointment of Barry Lederman to the position of Vice President and Chief Financial Officer (CFO). Prior to joining Eisai, he served as CFO at Wedgewood Pharmacy, Nycomed US Inc., and Qualitrol Company LLC (an independent subsidiary of Danaher Corporation). He also spent 10 years at Hoffmann-La Roche Inc. in positions of increasing responsibility within Finance, culminating in his appointment as Senior Vice President – Head of Business Analysis and Controlling at Roche Centralized Diagnostics, headquartered in Mannheim, Germany.

Landauer, Inc. (NYSE: LDR) announced that Mark Zorko has been named Interim Chief Financial Officer of the company.  Mr. Zorko will replace Michael K. Burke, who has left the company to pursue other interests. Mr. Zorko has served as Senior Financial Advisor of the Company since April 2014.  Prior to that time, Mr. Zorko served as the Chief Financial Officer of Steel Excel, Inc. (“SXCL”) until May 2013. He also served as the President and Chief Executive Officer of SXCL’s subsidiary Well Services Ltd. (“WSL”) in 2012 and Chief Financial Officer of DGT Holdings Corp. (“DGTC”) from 2006 through 2012.  SXCL, WSL and DGTC are all affiliated with Steel Partners Holding, L.P.  From 2000 to 2010, Mr. Zorko was a Partner at Tatum, LLC.  His prior experience also includes serving as the corporate controller for Zenith Data Systems Corporation and finance manager positions with Honeywell, Inc.  Mr. Zorko is on the Board of Directors of MFRI, Inc., where he chairs the Audit Committee and serves on the Compensation and Nominations/Governance Committees. He is also on the Audit Committee for Opportunity Int’l, a microfinance bank, and on the Finance Committee for the Alexian Brothers Health System.

CRAiLAR Technologies Inc. (OTC: CRLRF) announced that Klaus Flock, currently CFO of adidas Group America, has agreed to join the Company’s Board of Directors. Mr. Flock is an 18-year veteran with adidas Group AG, where he has held numerous executive level positions for the company throughout Europe, Asia and North America.  Upon returning from Indonesia in 2006, where he was Managing Director of adidasIndonesia, he was appointed CFO of TaylorMade-adidas Golf until late 2011.  Since that time, he has held the position of CFO for adidas Group America.   Steve Collins

SAVO Group announced that former ExactTarget CFO Steve Collins has joined the company’s board of directors. Steve, will serve on SAVO’s audit committee Steve was also recently appointed to the Board of Ifbyphone. Before ExactTarget, he served as senior vice president and CFO of NAVTEQ Corporation in Chicago. Collins previously held a number of financial leadership positions at The Walt Disney Company and co-founded a technology-focused venture capital firm.

Spotlight Innovation, Inc. (OTC: STLT) announced that Dr. David Hostelley has been named Chief Financial Officer of the Company. Dr. Hostelley has spent twenty years as a consultant in the health field. During his more than twenty years in business he has served as CEO, CFO and board member of several publicly traded companies.

Sibling Group Holdings, Inc. (OTC: SIBE) announced that it has hired Angelle M. Judice as Chief Financial Officer (“CFO”). Ms. Judice was most recently Corporate Controller for Education Management, Inc., at their Blue Cliff College operation in Baton Rouge, Louisiana. Prior to that assignment she was employed by Provost, Salter, Harper & Alford, LLC, a Baton Rouge, Louisiana audit and tax firm, starting in 2011. Prior to working in their tax and audit sections, she held senior accounting and finance positions in the media industry, including two years with the Louisiana Radio network, and ten years with WAFB-TV, a CBS affiliate and part of the RAYCOM Media Network.

Nutroganics, Inc. (PINK: NUTT) announced that Douglas Scott has joined Nutroganics as its CFO. Mr. Scott is a business executive with a 22 year career of financial management and C-level leadership across a range of industries. Mr. Scott’s international experience includes the Middle East, Europe, and Asia, specifically Singapore, where he was CFO of Nortel Networks Asian operations. Most recently, Mr. Scott was the senior financial executive at a Middle East based government services organization with a roll-up strategy led by many former Veridian Systems executives. Doug has also served on the Boards of Wireless operators in Asia as well as not-for-profits and the University of Texas (Dallas Campus) School of Accounting.

Novatel Wireless, Inc. (NASDAQ: NVTL) announced that the Board of Directors has appointed Tom Allen as Interim Chief Financial Officer. Prior to joining the Company, Tom Allen served as Executive Vice President, Chief Operating and Chief Financial Officer for Outdoor Channel Holdings, Inc. In 1997, Mr. Allen co-founded ACME Communications, where he continues to serve on its board of directors and served as its Chief Financial Officer until 2010. Throughout his career, Mr. Allen has held executive positions at major broadcasting and entertainment firms including Chief Operating Officer and Chief Financial Officer for Virgin Interactive Entertainment and Chief Financial Officer of the Fox Broadcasting Company. He has also served as board director for public and private companies.

Bank First (OTC: BFNC) announced the addition of Kevin LeMahieu as Chief Financial Officer to their team. LeMahieu will join the organization in August 2014. Since 2004, he has served as Director and Senior Manager in the Sheboygan office at CliftonLarsonAllen LLP.

Epic Health Services, Inc. announced that David Hagey has joined the company as Chief Financial Officer. Hagey comes to Epic Health Services from IntegraCare, where he was Executive Vice President and Chief Financial Officer from 2008 to 2011 and President in 2011. In the fall of 2012, Kindred Healthcare acquired IntegraCare, and Hagey continued through the acquisition serving as Division Vice President of Kindred at Home (a division of Kindred Healthcare), until joining Epic Health Services. Prior to joining IntegraCare, he served as the Chief Financial Officer of Accuro Healthcare Solutions, and as Vice President and Controller of U.S. Operations for United Surgical Partners.

Chico’s FAS, Inc. (NYSE: CHS) announced that its Board of Directors has appointed Todd E. Vogensen as the Company’s new Senior Vice President, Chief Financial Officer, replacing Pamela Knous, who has left the organization to pursue other interests. Prior to his appointment as CFO, Mr. Vogensen had been the Company’s Senior Vice President, Finance. Mr. Vogensen has served Chico’s FAS, Inc. in numerous roles over the last 5 years, leading to his current position as CFO. Mr. Vogensen joined Chico’s FAS, Inc. in October 2009 as Vice President of Planning and Strategy, followed by the role of Vice President of Investor Relations before his promotion to Senior Vice President, Finance. Previously, Mr. Vogensen held multiple positions of increasing scope and responsibility with Michaels Stores, Inc. from January 2005 to October 2009, including Corporate Controller and Vice President of Merchandising and Marketing Finance. Before joining Michaels, Mr. Vogensen served as Assistant Corporate Controller of Gap, Inc. from 2003 to 2005. Mr. Vogensen has also held multiple Finance management positions at Hewlett Packard Company, and he practiced as an Audit Manager and CPA with PricewaterhouseCoopers LLP.

Energy Recovery Inc. announced that it has promoted Joel Gay to Chief Financial Officer, replacing Alex Buehler, who will be leaving to pursue the next step in his career. Joel joined Energy Recovery in January 2012 and has held several positions at the company, including most recently serving as Vice President of Finance since June 2013. Prior to joining Energy Recovery, Joel was the CFO of the largest division of Aegion Corp.

Bob Evans Farms, Inc. (NASDAQ: BOBE) announced the appointment of Mark Hood as Chief Financial Officer of the Company. Most recently, Mr. Hood served as Senior Vice President and Chief Financial Officer of the Brown Shoe Company (NYSE: BWS), from 2006 to 2012. Previously, he served as Senior Vice President and Chief Financial Officer with Panera Bread Company, from 2003 to 2006, after joining that company in 2002. His prior experience includes two decades of service with May Department Stores Company, Inc., Saks Holdings, Inc., and U.S. Loyalty Corporation, in various financial and administrative senior management roles.

Cytec Industries Inc. (NYSE: CYT) announced that its Board of Directors has elected Daniel G. Darazsdi to the position of Vice President and Chief Financial Officer of the Company effective August 4, 2014.  Mr. David Drillock, Cytec’s current VP and CFO, announced in February 2014 his intent to retire by the end of the year. Prior to joining Cytec, he had been Chief Financial Officer from 2007 to 2014 of Pharmaceutical Product Development, LLC.  Prior to this position, Mr. Darazsdi worked at Honeywell International for 25 years in numerous senior financial positions  including Vice President and Chief Financial Officer of finance transformation and operations, Chief Financial Officer of the company’s global Specialty Materials business, VP of Finance and Information Technology for Asia Pacific and a variety of other leadership roles.

CFO Moves – week ending June 20, 2014

CFO Moves this week include:

Toys“R”Us, Inc. BDO USA, LLP American Apparel, Inc.
Charter Communications, Inc. Diebold, Incorporated InVivo Therapeutics Holdings Corp.
OpenDNS Cal Dive International, Inc. GTIS Partners LP
Couchbase, Inc. Cardax, Inc. WePay
ConvergEx Group Lancaster Colony Corporation Simon Property Group
Highmark Health Practice Fusion CoreLogic
White Lodging Services Vertical Communications Green Innovations Ltd.
RapidMiner Livingston International Adaptive Biotechnologies
Reading International, Inc. Century Aluminum Company Rockwood Holdings, 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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Toys“R”Us, Inc. announced that it has named Michael J. Short as Executive Vice President and Chief Financial Officer. Mr. Short was most recently Executive Vice President and Chief Financial Officer of AutoNation for seven years. Prior to his most recent role at AutoNation, Mr. Short was Executive Vice President and Chief Financial Officer of Universal Orlando. Earlier in his career, he served in a variety of finance roles at Universal Orlando, Joseph E. Seagram & Sons, Inc. and IBM Corporation. Mr. Short succeeds Clay Creasey, who has left the organization after eight years.Lynn Calhoun

BDO USA, LLP announced that Lynn Calhoun has been named the firm’s new chief financial officer. Mr. Calhoun, a partner, was previously the firm’s director of finance. He succeeds Howard Allenberg as CFO. This appointment is effective July 1. Lynn Calhoun joined BDO USA in 1999 and has 30 years of experience in a variety of financial and leadership positions. Prior to joining BDO, he spent 4 years with Deloitte and Touche before assuming roles as CFO and president for a privately-held business from 1987 to 1999.

American Apparel, Inc. (NYSE MKT: APP) announced that it has appointed John Luttrell as Interim Chief Executive Officer. Mr. Luttrell, who has been with American Apparel since February 2011 and currently serves as Executive Vice President and Chief Financial Officer, will continue in those positions as well. Prior to joining American Apparel, Mr. Luttrell served as Executive Vice President and Chief Financial Officer of Old Navy, The Wet Seal and Cost Plus.

Charter Communications, Inc. (NASDAQ: CHTR) and Comcast Corporation (NASDAQ: CMCSA, CMCSK) announced that current Time Warner Cable SVP and Treasurer Matthew Siegel will serve as Chief Financial Officer of “SpinCo,” the new cable company that will be spun off from Comcast upon completion of the Comcast – Time Warner Cable merger and the Comcast – Charter transactions.   Siegel will continue to serve as Time Warner Cable SVP and Treasurer until the closing of the Comcast – Time Warner Cable merger. He joined Time Warner Cable in 2008 from Time Warner Inc., where he was Vice President and Assistant Treasurer.  Prior to joining Time Warner Inc. in 2001, he served as Senior Vice President of Finance and Treasurer of Insight Communications.  Christopher Chapman

Diebold, Incorporated (NYSE: DBD) announced that Christopher A. Chapman has been appointed senior vice president and chief financial officer (CFO). Chapman has nearly 20 years experience at Diebold, and has served in various executive positions within the company’s finance organization. Most recently, he served as vice president, global finance where he was responsible for financial oversight of Diebold’s operations, including North America, Asia Pacific, Europe, Middle East & Africa, Latin America, Brazil, supply chain, manufacturing and product development.  Chapman has been the company’s interim principal financial officer since November 2013.

OpenDNS announced that it has appointed Burt W. Podbere as its new Chief Financial Officer. Podbere most recently served as CFO of networking company Net Optics, which was acquired by Ixia (NASDAQ: XXIA) in December 2013. Podbere managed the successful IPO of Epocrates (NASDAQ: EPOC). Podbere has also held executive management positions at Adterative, Symantec and Amdocs.

InVivo Therapeutics Holdings Corp. announced the appointment of Steven McAllister as Chief Financial Officer. Mr. McAllister has been serving as InVivo’s Interim CFO since December of 2013. Mr. McAllister previously served as Vice President, Finance and Administration for Biomet Spine and Bone Healing Technologies from 2007–2013. Prior to Biomet, Mr. McAllister spent eight years with Johnson & Johnson’s Medical Device and Diagnostics Group, where he served as Director of Finance for the worldwide spine business, and Director of Finance, Worldwide Operations, for Global Orthopedics. From 1984–1999 he worked in several capacities in Pfizer’s medical device business, which was sold to Stryker in 1998.

Cal Dive International, Inc. (NYSE: DVR) announced that Brent D. Smith, the Company’s Chief Financial Officer, voluntarily resigned from the Company to pursue other opportunities. Until a new Chief Financial Officer is named, Quinn J. Hébert, the Company’s Chairman, President and Chief Executive Officer will assume the additional responsibilities of Chief Financial Officer of the Company.

GTIS Partners LP announced it has named Amy Boyle as Managing Director and Chief Financial Officer. She replaces former CFO, Grace Cheng. Prior to joining GTIS Partners, Ms. Boyle served as Chief Financial Officer of three publicly-registered real estate investment trusts advised by American Realty Capital. Previously, she was Chief Financial Officer for the Clarion Lion Properties Fund, Clarion Partners’ flagship real estate fund. While at Clarion, she also held positions in the finance and portfolio management groups. From 2006-2009, Ms. Boyle was Vice President and Controller at GTIS Partners. She began her career as an auditor for Boston-based public accounting firm, Feeley & Driscoll, PC.

Couchbase, Inc. announced the appointment of Sujan Jain as its SVP & Chief Financial Officer. Mr. Jain most recently served as the Senior Vice President and Chief Financial Officer of Model N (NYSE: MODN). Prior to Model N, Mr. Jain served as the Vice President of Finance and General Manager of the software vertical for NetSuite, Inc. (NYSE: N). Mr. Jain has also held Chief Financial Officer positions at Transmeta Corporation and at NanoAmp Solutions. Additionally, he has held several investment banking and operating roles at J.P. Morgan Chase, Lazard and Schlumberger. Mr. Jain is also an advisor to several publicly and privately held high-tech companies.

Cardax, Inc. (OTC: CDXI) announced the appointment of George W. Bickerstaff, former CFO of Novartis Pharma AG as an independent member of its Board of Directors. Mr. Bickerstaff was Chief Financial Officer of Novartis Pharma AG located in Basel, Switzerland and is currently Managing Director of M.M. Dillon, a full service investment bank. Mr. Bickerstaff started his career at General Electric in manufacturing and then moved into finance. He subsequently joined The Dun & Bradstreet Corporation where he held various senior finance positions including Chief Financial Officer of IMS Health.

WePay announced that Steven Pellizzer has been named Chief Financial Officer. Steve’s previous experience includes the role of CFO at CyberSource.

ConvergEx Group announced that Conor McCarthy has joined the firm as Chief Financial Officer.  Most recently, McCarthy was Chief Financial Officer – Americas for global institutional brokerage GFI Group. Previously he held senior roles at Moneyline Telerate (now part of Thomson Reuters), Exco USA (now part of ICAP) and Bankers Trust Company.

Lancaster Colony Corporation (NASDAQ: LANC) announced that John L. Boylan, Treasurer, Vice President, Assistant Secretary and Chief Financial Officer (CFO), has notified the Company’s Board of Directors of his intention to retire on July 1, 2014 after 28 years of service with Lancaster Colony, including 17 years as CFO. Douglas A. Fell, currently Senior Vice President of Finance of T. Marzetti Company, a wholly-owned subsidiary of the Company, will succeed Mr. Boylan as Treasurer, Vice President, Assistant Secretary and CFO, effective July 1, 2014. Mr. Boylan will also remain a member of the Company’s Board of Directors. Mr. Fell joined Lancaster Colony in 1993, and most recently has held various leadership positions within the Company’s food group involving the group’s finance, information technology and operations. Since 2012, he has overseen the food group’s finance and information technology functions. Mr. Fell also served as Lancaster Colony’s Corporate Controller from 1993 to 1996.  Prior to his employment with Lancaster Colony, Mr. Fell was a Senior Audit Manager with Deloitte and Touche.

Simon Property Group, (NYSE: SPG) announced that Andrew Juster will become Chief Financial Officer in early 2015, succeeding retiring CFO Stephen E. Sterrett. Juster has served as Simon’s Treasurer since 2000.

Highmark Health announced that Karen Hanlon, who joined the company in 1997 and has served as the company’s Senior Vice President, Financial Planning & Analysis since 2009, has been named Executive Vice President and Chief Financial Officer.  Ms. Hanlon began her career in public accounting at KPMG Peat Marwick and since joining Highmark, she has held several positions within the finance division.

Practice Fusion announced that Robert Park has joined the company as Chief Financial Officer (CFO). Park joins Practice Fusion from Chegg where he served as the vice president of finance. Prior to Chegg, he held leadership roles in finance and accounting at PayPal, McKesson Corporation, and Ernst & Young.

CoreLogic (NYSE: CLGX) has named Frank Martell its chief operating and financial officer.  Martell has been the Company’s chief financial officer since August 2011. Prior to joining CoreLogic, Martell was president and chief executive officer of the Western Institutional Review Board. He also spent 11 years at ACNielsen where he ultimately held the position of global chief operating officer. In addition to CFO assignments at Advantage Sales and Marketing and Information Services Group; Martell also spent 15 years in a variety of financial leadership roles at the General Electric Company. Bruce Hoffmann

White Lodging Services announced that Bruce Hoffmann has joined White Lodging as senior vice president and chief financial officer. Hoffmann joins White Lodging after being with the Marcus Corporation for more than 15 years where he was most recently its senior director of finance and assistant treasurer. With Marcus Hotels & Resorts, a wholly owned subsidiary of the Marcus Corporation, Hoffmann also held the positions of senior vice president of finance, strategy and planning; vice president of development; vice president of finance and administration; senior director of finance and administration; and division controller.  Hoffmann also spent more than six years at Interstate Hotels where he worked in various corporate and hotel level roles which included exposure to both full and select service hotels in the areas of finance, IT, purchasing and construction management.  Hoffmann started his professional career with Hyatt Hotels where he held several property level finance related positions.

Vertical Communications announced that David Krietzberg has been named the company’s chief financial officer. Krietzberg joins Vertical after serving briefly as chief financial officer of Fulton Communications where he helped facilitate the merger of Vertical and Fulton. Prior to that, Krietzberg worked at Crexendo, where he held the posts of senior vice president and chief administration officer. In addition, Krietzberg served as chief financial officer for both Mitel U.S. and Inter-Tel Technologies. Krietzberg was vice president of finance and treasurer with Executone before its merger with Inter-Tel.

Green Innovations Ltd. (OTC: GNIN) announced it has promoted its Controller, Sugiarto “Awie” Kardiman, to chief financial officer. Mr. Kardiman brings more than 15 years’ experience as a financial executive in the U.S. and global paper industry, and has served as Green Innovations’ Controller since 2013. As CFO, he succeeds Bruce Harmon, Green Innovations Chairman and Co-founder. Mr. Harmon remains Chairman of the Board. Previously, Mr. Kardiman served as Chief Financial Officer of Oasis Brands. Earlier, Mr. Kardiman served as CFO of Paper Excellence Canada.

RapidMiner announced it has appointed Mark Baltier as chief financial officer. Most recently he was chief financial officer of Gizmox. Previously, he was the chief financial officer for StreamBase Systems, which was acquired by TIBCO. Baltier has also served as the CFO of XyEnterprise, Reef Point Systems and Phonetic Systems. His earlier experiences also include key leadership positions at Voicetek, Concord Data Systems and Advanced Video Products.

Livingston International announced the appointment of Sharon Sritong as chief financial officer. Sritong joins Livingston from Computershare, U.S., where she served as the company’s chief financial officer.

Adaptive Biotechnologies announced the appointment of Dean Schorno as Chief Financial Officer. Mr. Schorno enjoyed 13 years of distinguished leadership positions at Genomic Health spanning financial, laboratory, and business operations. Most recently he was CFO for three years at Genomic Health. Before joining Genomic Health, Dean founded and led a CPA and consulting firm.

Reading International, Inc. (NASDAQ: RDI) announced that Andrzej Matyczynski, the company’s chief financial officer, is retiring effective September 1, 2014.

Century Aluminum Company (NASDAQ: CENX) announced that it has appointed Rick T. Dillon as Executive Vice President and Chief Financial Officer. Prior to joining Century, Mr. Dillon served as Vice President of Finance – Surface Mining Group at Joy Global Inc. Mr. Dillon joined Joy Global in 2009 as Vice President – Corporate Controller & Chief Accounting Officer. Prior to that, Mr. Dillon served as Vice President – Business Planning and Analysis for Newell Rubbermaid, Inc. He has also held the Chief Accounting Officer role at Newell Rubbermaid, Inc. and Briggs & Stratton Corporation.

Rockwood Holdings, Inc. (NYSE: ROC) announced that it has appointed Robert J. Zatta as Acting Chief Executive Officer effective July 1, 2014, in addition to his role as Chief Financial Officer. Robert J. Zatta has been Senior Vice President and Chief Financial Officer of Rockwood since April 2001. Prior to joining Rockwood, Mr. Zatta spent 12 years with the Campbell Soup Company, where he held several significant financial management positions, including his latest position as Vice President responsible for Corporate Development and Strategic Planning.

CFO Moves – week ending June 13, 2014

CFO Moves this week include:

Amgen 3M PPL Corporation
The Hartford B/E Aerospace Bioanalytical Systems, Inc.
Rent-A-Center, Inc. Syros Pharmaceuticals Mattress Firm Holding Corp.
Cinedigm Patterson Companies, Inc. NeighborWorks America
BPV Capital Management (BPV) Solstice Biologics LLC Aventine Renewable Energy Holdings Inc.
GroGenesis, Inc. Inventergy Global, Inc. Innocent Inc.
CorVel Corporation Cardinal Health Mentor Capital, Inc.
Myriad Genetics, Inc. Truett-Hurst Inc. GNC Holdings, Inc.
Paragon Technologies, 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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Amgen (NASDAQ: AMGN) announced the appointment of David W. Meline as executive vice president and chief financial officer (CFO), effective July 21, 2014. Meline will succeed Michael A. Kelly, who served as acting CFO since January 2014. Meline joins Amgen from 3M Company, where he most recently served as senior vice president and CFO. Previously, Meline held numerous leadership positions at General Motors. Nicholas Gangestad

3M announced that Nicholas C. Gangestad has been appointed senior vice president and chief financial officer. Nick replaces David W. Meline, who is leaving to become chief financial officer with another large publicly traded company. Gangestad served as corporate controller and chief accounting officer for the past three years. Gangestad’s 27-year 3M career encompasses financial leadership positions across several businesses in multiple geographic regions, including the United States, Asia Pacific, Latin America and Canada.

PPL Corporation (NYSE: PPL) and Riverstone Holdings LLC announced an agreement to combine their merchant power generation businesses into a new stand-alone, publicly traded Independent Power Producer called Talen Energy Corporation. Paul A. Farr, PPL’s executive vice president and Chief Financial Officer, will be Talen Energy’s president and Chief Executive Officer and a director of the new corporation. Vincent Sorgi, currently vice president and controller for PPL, is being named a senior vice president of PPL and its Chief Financial Officer.Christopher Swift

The Hartford (NYSE: HIG) announced that Christopher J. Swift has been appointed chief executive officer of The Hartford and a member of the company’s Board of Directors. The company also appointed Beth A. Bombara to succeed Swift in the chief financial officer role. The appointments are effective July 1, 2014. Swift joined The Hartford in March 2010 and is currently executive vice president and chief financial officer. Previously he held various senior leadership and finance roles at American International Group (AIG). Swift began his career in public accounting at KPMG LLP focused on financial services and was eventually appointed head of the Global Beth BombaraInsurance Industry Practice. Bombara has been president of Talcott Resolution since July 2012 and prior to that served as senior vice president and controller for the company. She joined The Hartford in April 2004. Prior to that, Bombara was a senior manager in Deloitte & Touche LLP’s audit practice and was a partner at Arthur Andersen LLP.

B/E Aerospace (NASDAQ: BEAV) announced the appointment of David J. Anderson to its Board of Directors. Mr. Anderson recently retired from Honeywell International Inc. where he was the Senior Vice President and Chief Financial Officer from 2003 until his retirement in April 2014. Prior to joining Honeywell, Mr. Anderson had senior financial roles at ITT Industries, Inc., Newport News Shipbuilding and RJR Nabisco Holding Corporation.

Bioanalytical Systems, Inc. (NASDAQ:BASI) announced the appointment of Jeffrey Potrzebowski as Chief Financial Officer. Jeffrey Potrzebowski joins BASi after serving since 2006 in various positions of increasing responsibility with Oerlikon Drive Systems, most recently as Chief Financial Officer. Earlier, he was Senior Vice President and Chief Financial Officer of Remy International. Previously, Mr. Potrzebowski was Senior Vice President and Chief Financial Officer of Great Lakes Chemical.

Rent-A-Center, Inc. (NASDAQ: RCII) announced the appointment of Guy J. Constant as Executive Vice President – Finance, Chief Financial Officer and Treasurer. Mr. Constant was previously employed by Brinker International, Inc. and held several key financial positions over his 10-year tenure, most recently serving as Executive Vice President, Chief Financial Officer and President of Global Business Development, from January 2013 until March 2014; Executive Vice President and Chief Financial Officer, from September 2010 to January 2013; Senior Vice President of Finance, from May 2008 to September 2010; Vice President of Strategic Planning, Analysis and Investor Relations, from September 2005 to May 2008; and Senior Director of Compensation, from November 2004 to September 2005. Prior to Brinker, Mr. Constant spent nine years at AMR Corporation, the parent of American Airlines, in various finance positions of increasing scope and responsibility.

Syros Pharmaceuticals announced that Jorge Conde has joined Syros’ executive leadership team as its Chief Financial Officer (CFO) and Chief Product Officer. Prior to joining Syros, Mr. Conde co-founded Knome with George Church, Professor of Genetics at Harvard Medical School. Mr. Conde was most recently CFO at Knome. Prior to Knome, Mr. Conde worked in marketing and operations at MedImmune, the global biologics arm of AstraZeneca. He has worked in the life sciences group at Flagship Ventures and managed the business development function at Helicos Biosciences. Previously, he was an investment banker at Morgan Stanley.

Mattress Firm Holding Corp. (NASDAQ: MFRM) announced the promotion of Alex Weiss to executive vice president and chief financial officer of the Company, effective July 30, 2014. Jim Black will continue to serve as executive vice president and chief financial officer until July 30, 2014, at which point he will transition into the role of senior corporate advisor to Mattress Firm through the end of the current fiscal year. Mr. Weiss joined Mattress Firm in 2013 and is currently serving as the senior vice president of finance. Prior to joining Mattress Firm in 2013, he held positions at Barclays Bank PLC and Lehman Brothers Inc., last serving as Vice President.

Cinedigm (NASDAQ: CIDM) appointed Jeffrey Edell as Chief Financial Officer. Prior to this appointment, Edell was CEO of Edell Ventures. Prior to that, he was CEO of Inferno Entertainment. Previously, Edell was President of DIC Entertainment. Edell has served on the boards of numerous public companies, including MySpace/Intermix Media, Soundelux Entertainment Group and IVC Industries, Inc. He is a member of both The Academy of Motion Picture Arts & Sciences and The Academy of Television Arts and Sciences. He is also Entrepreneur in Residence and Professor at Florida State University’s College of Motion picture Arts.

Patterson Companies, Inc. (NASDAQ: PDCO) announced that R. Stephen Armstrong, executive vice president and CFO, will step down at the end of October 2014, after more than 15 years with the company. Ann B. Gugino, Patterson’s vice president of strategy and planning, has been appointed vice president and CFO effective November 1, 2014. Armstrong will serve as a senior advisor to the company through fiscal year 2016. Gugino has been with Patterson Companies since 2000, serving as the company’s vice president, strategy and planning since 2012. In addition, Gugino has served in several financial and operational management leadership roles within Patterson Dental, including vice president, finance and operations and controller. Before joining Patterson, Gugino was an audit manager with Ernst & Young LLP. She currently serves on the board of directors of Oral Health America and Washburn Children’s Center.

NeighborWorks America announced that it named Thomas Bloom acting Chief Financial Officer. Bloom is currently senior deputy controller for management and chief financial officer for the Office of the Comptroller of the Currency (OCC). He’s held that position since December 2003. The OCC holds a statutory seat on the NeighborWorks America Board of Directors. Prior to being named senior Deputy Controller at the OCC, Bloom was among the senior leadership at the agency and in the U.S. Treasury department, including interim CFO for the Office of Financial Stability. Bloom has decades of experience in financial administration and management, having been assistant secretary for administration and CFO at the U.S. Department of Commerce, CFO at the General Services Administration, and Director of the Defense Finance and Accounting Service.

BPV Capital Management (BPV) announced that it has named Craig Davis to the newly created position of Chief Financial Officer. Prior to BPV, Mr. Davis held a number of senior positions at Proctor & Gamble, including Manager of Global Commodity Risk Management. In addition to P&G, he served in the CFO position at Broyhill Furniture Company and at the MasterCraft Boat Company. Prior to joining BPV, Mr. Davis served as CEO and Managing Principal of GSD Growth Partners.

Solstice Biologics LLC announced that John Borgeson joined as Chief Financial Officer. John Borgeson served as a financial advisor to Solstice since its inception. Mr. Borgeson spent 20 years at Pfizer where he was a member of Pfizer’s Financial Leadership Team and held several financial positions of increasing responsibility. John’s most recent role at Pfizer was Vice President, Finance for Pfizer’s Biotherapeutic and Bioinnovation Center. Since leaving Pfizer in 2010, Mr. Borgeson has helped oversee finance for a variety of private companies, including venBio portfolio companies Labrys Biologics (recently acquired by Teva Pharmaceuticals) and Heart Metabolics Limited. John has also helped oversee finance at venBio. Brian Steenhard

Aventine Renewable Energy Holdings Inc. announced the promotion of Brian Steenhard to the position of chief financial officer. Steenhard joined the company in January 2013. He began his professional career in 1999 as an audit associate with Arthur Andersen. In 2002 Steenhard moved to a management position in financial reporting at Aquila Inc. In 2006 Steenhard joined Hawkeye Energy Holdings LLC as vice president of finance/controller.

GroGenesis, Inc. (OTC: GROG) announced the appointment of Ron Evinou to the position of Chief Financial Officer. Mr. Evinou was most recently CFO for a highly successful John Deere dealer group. Previously (1990 – 2002), he was CEO/CFO of GeoLogistics. Prior to this, he was CFO/GM of National Carpet and he began his career as Chief Accountant of the Reynolds Aluminum Building Materials Division.

Inventergy Global, Inc. (NASDAQ: INVT) announced the appointment of Stephen B. Huang as Chief Financial Officer of Inventergy. Mr. Huang previously served as the CFO for publicly-traded Altair Nanotechnologies, Inc. Prior to his work with Altair, he served as the CFO at Unigen Corporation and Penguin Computing, Inc.

Innocent Inc. (OTC: INCT) announced that it has appointed James Kerr as Chief Financial Officer. Mr. Kerr started his career with a U.S. Bank before moving into mutual funds as a financial analyst and later joined boutique advisory firms in Toronto specializing in forestry, energy, resources and technology. Mr. Kerr has also been a consultant to the Government of Canada, and has held senior positions with publicly traded companies.

CorVel Corporation announced that Scott R. McCloud tendered his resignation as Chief Financial Officer. Mr. McCloud had been with the Company for 19 years, starting in May 1995. Richard Schweppe, the Company’s Director of Finance, will be promoted to the position of Chief Financial Officer. Mr. Schweppe has been with the Company for 26 years, joining the Company as Director of Finance in March 1988. He was promoted to Chief Financial Officer when the Company completed its initial public offering in June 1991. He served in that position until August 2005 when he resigned from that position to become Director of Finance and was replaced by Scott R. McCloud.

Cardinal Health announced that Chief Financial Officer Jeff Henderson will retire following the completion of fiscal year 2015, after a decade in the role.

Mentor Capital, Inc. (OTC: MNTR) announced the appointment of Lori J. Stansfield as company CFO.

Myriad Genetics, Inc. (NASDAQ: MYGN) announced that James Evans, chief financial officer of Myriad, has notified the Company of his intent to retire in order to attend to family health issues. Evans joined Myriad in 1995 as corporate controller and was promoted to vice president of Finance in July of 2005.  In November of 2007, he was named chief financial officer, a position he has held for the last seven years.

Truett-Hurst Inc. (NASDAQ: THST) announced  the appointment of Paul A. Forgue as Chief Financial Officer and Chief Operating Officer. Before joining the Company, Mr. Forgue was a Senior Director of Alvarez & Marsal, where he provided financial and operational leadership including serving as interim CFO in a number of assignments.  Prior to Alvarez & Marsal, Mr. Forgue worked with PricewaterhouseCoopers. Mr. Forgue succeeds James D. Bielenberg who resigned as Chief Financial Officer of the Company to pursue other interests.

GNC Holdings, Inc. (NYSE: GNC) announced that Michael M. Nuzzo – Executive Vice President & Chief Financial Officer – has tendered his resignation in order to accept an executive position at a private equity funded consumer products company. Mr. Nuzzo will remain with the Company at least through July 18, 2014.

Paragon Technologies, Inc. (OTC: PGNT) announced that effective June 30, 2014, Deborah Mertz will also join the Company as Interim CFO of Paragon Technologies. From 2006 to 2013 Ms. Mertz held the position of Assistant Controller of ASSA ABLOY Inc. Americas Division. From 1999 to 2006 Ms. Mertz was the Controller/CFO of Sargent Manufacturing Company.

CFO Moves – week ending June 6, 2014

CFO Moves this week include:

Ulta Beauty A.T. Kearney Gartner, Inc.
Visa Inc. MAXIMUS Bridge Growth Partners, LLC
Intersect ENT, Inc. Unwired Planet CALIBRE Systems, Inc.
Arctic Slope Regional Corporation Proteus Digital Health Rayonier
Freight Handlers, Inc. SmartPay Solutions Bristow Group Inc.
Ampio Pharmaceuticals, Inc. Maxim Healthcare Services, Inc. Auxilium Pharmaceuticals, Inc.
ACCENT Marketing Services LLC Zosano Pharma, Inc. American Energy Partners, LP
Mexican Restaurants, Inc. U-Vend, Inc. NetMotion Wireless
Stericycle, Inc. Balchem Corporation GWG Holdings, 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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Ulta Beauty (NASDAQ:ULTA) announced that Vanessa Wittman, Senior Vice President and Chief Financial Officer of Motorola Mobility, a subsidiary of Google, Inc., has been appointed to its Board of Directors and as a member of its Audit Committee. Prior to joining Motorola Mobility in 2012, Ms. Wittman served for four years as Executive Vice President and Chief Financial Officer of Marsh & McLennan Companies, Inc. She previously held Chief Financial Officer roles at Adelphia Communications, 360networks, and Metricom, Inc. Ms. Wittman has been a director of Sirius XM Holdings Inc. since April 2011, and currently serves as a member of its audit committee. She previously served as a director of Infospace. AT Kearney appoints Christine Laurens CFO

A.T. Kearney has named Christine Laurens its Chief Financial Officer. Laurens began her career with A.T. Kearney in 2002 as Finance Director of Southwest Europe. She most recently served as VP Global Finance. Laurens began her career at Ernst & Young.

Gartner, Inc. (NYSE: IT) announced that Chris Lafond, Gartner’s Chief Financial Officer, will be leaving the Company on June 30th to pursue other opportunities. Craig Safian, Gartner group vice president of global finance, has been named senior vice president and Chief Financial Officer. Mr. Lafond has served as CFO since October 2003. Mr. Safian has been at Gartner since 2002, holding a number of senior roles in the Finance organization including head of Corporate and Divisional Finance, Corporate Development, Strategy, and Pricing. Mr. Safian worked in public accounting and has held finance leadership roles at Bristol-Myers Squibb and Headstrong.

Visa Inc. announced that Byron H. Pollitt, Jr., Chief Financial Officer, has informed the company of his decision to retire as Chief Financial Officer within the next twelve months. Mr. Pollitt has served as Visa’s CFO for the past seven years.

MAXIMUS (NYSE: MMS) announced the appointment of Richard J. Nadeau as Chief Financial Officer and Treasurer. Mr. Nadeau’s appointment is effective June 23, 2014. Mr. Nadeau joins MAXIMUS from SRA International. He spent the last ten years as Chief Financial Officer for three NYSE-listed companies. Previously, Mr. Nadeau spent more than 30 years in public accounting and was a partner with KPMG. Mr. Nadeau replaces David N. Walker, who previously announced his planned retirement and will remain at MAXIMUS until approximately December 2014 to ensure a smooth transition and to serve as a strategic advisor to the Chief Executive Officer. Following his retirement, Mr. Walker will continue in a part-time role.

Bridge Growth Partners, LLC announced that Alison Catchpole, former Chief Financial Officer and Managing Director of Solera Capital LLC, has joined the firm as Vice President of Finance and Controller. Prior to joining Solera, Ms. Catchpole spent eight years at Invesco Private Capital as Vice President of Operations. She began her career as an auditor with PricewaterhouseCoopers.

Intersect ENT, Inc. announced the appointment of Jeryl Hilleman as chief financial officer. Most recently, Ms. Hilleman served as CFO of Ocera Therapeutics. From 2008 to 2012, Ms. Hilleman served as CFO of Amyris, Inc. Prior to Amyris, Ms. Hilleman served as CFO of Symyx Technologies. In addition, Ms. Hilleman led the finance function at two public biotechnology companies, Geron Corporation and Cytel Corporation. Ms. Hilleman is also a member of the board of directors and chair of the audit committee of Xenoport.

Unwired Planet (NASDAQ: UPIP) announced that Dallas Clement was appointed to the company’s board of directors. Mr. Clement is executive vice president and chief financial officer for Cox Automotive. Mr. Clement serves as a director of Airo.

CALIBRE Systems, Inc. announced that John C. Mutarelli has been promoted to Senior Executive Vice President & Chief Financial Officer from Executive Vice President & Chief Operations Officer.

Arctic Slope Regional Corporation (ASRC) announced that Greg Resutek has been named as ASRC Federal’s chief operating officer and acting chief financial officer. Resutek joins ASRC Federal from URS Corporation’s Federal Systems Division.

Proteus Digital Health announced that Steve Fieler joins the executive team as Chief Financial Officer. Fieler was most recently CFO of HP’s software division. Jonathan Symonds CBE, Chairman of HSBC Bank Plc and former CFO of Novartis AG, has been appointed to the company’s Board of Directors.

Rayonier (NYSE: RYN) announced the appointment of Benson K. Woo as Chief Accounting Officer, effective June 9. Following the June 27 separation, Rayonier’s Performance Fibers business will become Rayonier Advanced Materials (NYSE: RYAM). Upon separation, Woo will assume the role of Chief Financial Officer of Rayonier Advanced Materials. Woo was most recently Executive Vice President and Chief Financial Officer of Prestolite Electric. He began his career at General Motors, rising through the ranks over 15 years in a variety of financial roles in Michigan, New York, Canada and Brazil. He later led the financial functions of several leading companies, including Case Corporation, York International Corp., Metris Companies, TriMas Corporation and Tower Automotive.

Freight Handlers, Inc. (FHI) promoted Tal Wall to Chief Financial Officer. Tal Wall joined FHI in 1994 as Controller and advanced through the positions of Vice President of Finance and Chief Administrative Officer. Prior to joining FHI, Tal was controller at C.S. Henry Transfer, Inc.

SmartPay Solutions announced the appointment of Robert Conerly as chief financial officer. Most recently, he was chief financial officer at Melinta Therapeutics (formerly Rib-X Pharmaceuticals), and previously held the same position at Pharmion Corporation. He held management positions at AstraZeneca and PricewaterhouseCoopers.

Bristow Group Inc. (NYSE: BRS) announced that John Briscoe has been appointed to the position of Senior Vice President and Chief Financial Officer. John was most recently as Senior Vice President and Chief Financial Officer of Weatherford International Ltd from March 2012 to September 2013. He joined the company as Chief Accounting Officer in August 2011. Prior to Weatherford, John served as a senior executive at Transocean from 2005 through 2011 in financial roles including Vice President and Controller and Director of Investor Relations. Before joining Transocean in 2005, John held senior financial positions with Ferrellgas Inc. and Dresser Industries. His career also includes seven years of public accounting experience with KPMG and Ernst & Young. Jonathan Baliff, who has served as Bristow’s Senior Vice President and Chief Financial Officer since 2010 and with this appointment will now serve as President until assuming the additional role of Chief Executive Officer on July 31, 2014.

Ampio Pharmaceuticals, Inc. (NYSE MKT: AMPE) announced the appointment of Gregory A. Gould as Chief Financial Officer, Treasurer, and Corporate Secretary.  Mark McGregor, the company’s current CFO, will retire from Ampio Pharmaceuticals following a transition period later this year. Most recently Greg served as the Interim President and Chief Executive Officer and Chief Financial Officer of SeraCare Life Sciences, Inc. Prior to his time at SeraCare, Mr. Gould was the Chief Financial Officer of Atrix Laboratories, Inc. Prior to joining Atrix Greg held positions of increasing responsibility in finance and accounting at Colorado MedTech.  Mr. Gould began his career as an auditor with Arthur Andersen, LLC.  Greg currently serves on the board of directors of CytoDyn, Inc.

Maxim Healthcare Services, Inc. announced the promotion of William “Bill” Butz is now Maxim’s president and Raymond Carbone its chief financial officer. Butz joined Maxim as chief financial officer after successfully serving as CFO and president of Erickson Living. Prior to leading the team at Erickson Living, Bill worked for Allegis Group for 15 years where he held various financial leadership positions, including CFO of Aerotek; Allegis Group’s largest operating company. Ray initially joined Maxim as vice president of finance shortly after Bill’s arrival. Prior to joining Maxim, Ray was the CFO for Major, Lindsey & Africa (MLA), which was acquired by Allegis Group in 2008. Prior to joining MLA, he served as the CFO of Stephen James Associates.

Auxilium Pharmaceuticals, Inc. (NASDAQ: AUXL) announced that James E. Fickenscher, Chief Financial Officer, is leaving the Company to pursue other interests. Mr. Fickenscher will continue in his current role through August 15, 2014.

ACCENT Marketing Services LLC announced it has appointed Don Norsworthy to the role of chief financial officer. Don joins ACCENT from CKS Packaging where he served as chief financial officer and executive vice president. Prior to his role at CKS Packaging, Don served as chief financial officer and executive vice president of Integrity Solutions Services. Don’s career experience includes Protocol Global Solutions, Portrait Corporation of America, National Vision, Inc./Vista EyeCare, Southern Mills, National Spinning and Bibb Company.

Zosano Pharma, Inc. announced the appointment of Winnie W. Tso as Chief Financial Officer. Prior to joining Zosano, Ms. Tso was Vice President, Finance and Corporate Controller of SciClone Pharmaceuticals, Inc. Prior to that, Ms. Tso held vice president and principal accounting officer positions from 2009 to 2013, including at Velti plc. Previously, Ms. Tso held senior finance positions at several publicly traded biopharmaceutical companies, including ARYx Therapeutics, Titan Pharmaceuticals and Genelabs Technologies.

American Energy Partners, LP (AELP) announced it has hired Jeff Agosta as the Chief Financial Officer of American Energy – Utica, LLC (AEU). Agosta most recently served as Chief Financial Officer of Devon Energy Corporation from 2010 to January 2014.  Prior to his role as CFO, Agosta served Devon in various positions of increasing responsibility, including Senior Vice President – Corporate Finance and Treasurer.  He began his career with KPMG and was a manager with D. R. Payne & Associates prior to joining Devon. Ryan A. Turner has assumed new responsibilities as Chief Investment Officer and Chief Financial Officer – Institutional Investments.  Turner most recently served as Vice President – Finance of AELP.  Previously, Turner served as Vice President – Finance & Strategy of Caelus Energy, LLC.  He also served as Vice President – Strategy & Business Development of Dallas-based Kosmos Energy and prior to that was an energy investment banker with Citigroup.

Mexican Restaurants, Inc. (MRI), a subsidiary of Williston Holding Company, Inc. (PINK: WHCA), appointed Douglas Hipskind as chief financial officer. Doug joins MRI after serving as CFO of Lake Street Capital Markets. Prior to Lake Street, he served in marketing and operations roles with investment management firms Whitebox Advisors and Jundt Associates. Prior to that, Doug was a senior manager with KPMG. He also served on the board of directors of Kona Grill from 2003 through 2011.

U-Vend, Inc. (OTC: ITMVD) announced the appointment of Kathleen A. Browne as Chief Financial Officer. Prior to joining U-Vend, Inc., Kathleen was owner of K. Browne Consulting, a financial and accounting advisory firm she founded in 2007. From 2004 through 2007, Browne was Chief Financial Officer of NaturalNano, Inc. From 2001-2004 she was Corporate Controller and Chief Accountant for Paychex, Inc. From 1996-2000, Kathleen was Vice President Finance, Controller and Chief Accounting Officer for W.R. Grace & Co. From 1992-1996, she was Vice President/Director of Finance for Bausch & Lomb.

NetMotion Wireless announced the appointment of Cary Baker as Chief Finance Officer (CFO). Baker previously holding key leadership roles at Clearwire Corporation, Boost Mobile and Sprint.

Stericycle, Inc. (NASDAQ: SRCL) announced that it has selected Daniel V. Ginnetti, currently Stericycle’s Vice President of Corporate Finance, to succeed Frank ten Brink as Chief Financial Officer effective August 1, 2014. Frank ten Brink will continue in his role as Chief Financial Officer through the transition to Mr. Ginnetti, and thereafter, Mr. ten Brink will continue at Stericycle as Senior Vice President, Mergers and Acquisitions. Dan Ginnetti joined Stericycle as Area Vice President of Finance in 2003. In 2004 he was promoted to Area Vice President for Stericycle’s Western, and later, Midwestern business units. Following that, Dan was promoted to Senior Vice President of Operations for the United States and Canada. Prior to joining Stericycle, Mr. Ginnetti held various finance and accounting positions with The Ralph M. Parsons Company, and Ryan Herco Products Corp.

Balchem Corporation (NASDAQ: BCPC) announced the promotion of William A. Backus to the position of Chief Financial Officer (CFO). Mr. Backus joined Balchem in 2006 as Balchem’s Corporate Controller, and in 2011 was given added responsibility when he was promoted to Chief Accounting Officer and Assistant Treasurer. Current CFO, Frank J. Fitzpatrick, will move to a newly established position of Vice President, Administration.

GWG Holdings, Inc. announced the appointment of William Acheson as its new Chief Financial Officer. As part of Acheson’s appointment, the Company’s long-time Chief Financial Officer, Jon Gangelhoff, will move to the position of Chief Operating Officer. Prior to joining the company, Mr. Acheson served as Chief Financial Officer and Senior Vice President of Strategic Development for The Homeownership Preservation Foundation from 2009-2013. Prior to that position, Mr. Acheson served as Managing Director of Global Structured Finance and Investments at Merrill Lynch in London, England from 2007-2008. From 1991 to 2007, Mr. Acheson spent his career at GMAC-RESCAP where he served as Managing Director for a number of business units, concluding his career as Chief Financial Officer for the United Kingdom division (2005 to 2007).