CFO Moves – week ending November 21, 2014

CFO Moves this week include:

The Dow Chemical Company The Wet Seal, Inc. Keurig Green Mountain, Inc.,
Wyndham Worldwide Gannett Co., Inc. A. H. Belo Corporation
Shire plc Wesco Aircraft Holdings, Inc. Essia Health
Wood Group Compass Minerals Central Maine & Quebec Railway
National Disease Research Interchange (NDRI) Cengage Learning Trinity Pharma
GigOptix, Inc. Pluribus Networks Antares Pharma, Inc.
The AES Corporation MSC Industrial Direct Co., Inc. Genco Shipping & Trading Limited
COR Medical Technologies Anterios, Inc. The California Integrated Data Exchange
Seres Health, Inc. First Republic Bank Retrophin, Inc.
Healthland Undertone Kalibrate
Videology Micron Technology, Inc. First Financial Bancorp
Darden Restaurants, Inc. The Children’s Place, Inc. Quest Solution, Inc.
Advanced Energy Industries, Inc.

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

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

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

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

The Dow Chemical Company (NYSE: DOW) announced the addition of Mark Loughridge, former Chief Financial Officer of IBM, to its Board of Directors, effective January 1, 2015. Mark Loughridge was named IBM’s Senior Vice President and Chief Financial Officer in May 2004. He was given the additional responsibility for Enterprise Transformation in July 2010 to lead IBM’s ongoing integration and transformation as well as continue in his role as CFO. Loughridge retired from this position in December 2013 after 36 years with IBM. He joined the company in 1977, where he started as a development engineer in the Office Products Division in Lexington, KY. Loughridge serves on the Board of Directors of The Vanguard Group. He is also a member of the Council on Chicago Booth.

The Wet Seal, Inc. (NASDAQ: WTSL) announced that Thomas R. Hillebrandt will assume the role of Interim Chief Financial Officer, effective December 1, 2014, concurrent with the previously announced resignation of Steven H. Benrubi, the Company’s current Chief Financial Officer. Mr. Hillebrandt has served as Vice President and Corporate Controller at Wet Seal since September 2013. Previously, he served as Vice President of Finance/IT for The Territory Ahead, a multi-channel apparel retailer. Mr. Hillebrandt also previously served as Chief Financial Officer for Deckers Outdoor Corporation, Corporate Controller and Chief Accounting Officer of K2 Inc., and Chief Financial Officer of Fotoball USA, Inc. In addition, he served as Chief Financial Officer for several privately held internet and technology firms.

Keurig Green Mountain, Inc. (NASDAQ: GMCR) announced that Frances G. Rathke will be leaving the Company in 2015 after 11 years of service. To facilitate a successful transition, Ms. Rathke will continue to serve as Chief Financial Officer and Treasurer until a replacement is appointed, at which time, Ms. Rathke will serve in the new role of Strategic Advisor to the CEO. She will stay in this latter role no later than September 26, 2015.Gail Mandel

Wyndham Worldwide (NYSE: WYN) has promoted Gail Mandel to President and CEO of Wyndham Exchange & Rentals. Mandel had previously been serving as both Chief Operating Officer and Chief Financial Officer of Wyndham Exchange and Rentals since March. Mandel has held a variety of financial and business leadership roles in the hospitality divisions of HFS Incorporated, Cendant Corporation, and Wyndham Worldwide.

Gannett Co., Inc. (NYSE: GCI) announced that Alison (Ali) Engel, formerly senior vice president, chief financial officer and treasurer of A. H. Belo Corporation, has been named vice president of finance. Engel served A. H. Belo since its spin-off in 2008 from Belo Corp. Engel joined Belo Corp. in 2003 as director/Accounting operations. She served as corporate controller from February 2005 to December 2005 and as vice president/Corporate Controller from January 2006 to July 2008. Engel has more than 19 years of financial management experience at diversified multi-unit business organizations and PricewaterhouseCoopers.

A. H. Belo Corporation (NYSE: AHC) announced that Alison K. Engel (Ali), senior vice president, Chief Financial Officer and Treasurer, will depart at the end of 2014 to pursue another senior level financial role in the media industry.

Shire plc (NASDAQ: SHPG) mentioned that as previously announced, James Bowling, Interim Chief Financial Officer (CFO), will be leaving Shire. James’ departure date will now be February 28, 2015.  Jeff Poulton, Head of Investor Relations, will assume the role of interim CFO effective January 1, 2015. Jeff Poulton joined Shire in 2003 and has held leadership positions in finance supporting the neuroscience, gastrointestinal and rare disease business units. Prior to joining Shire, Jeff spent time at Cinergy Corp. and PPG Industries in a variety of corporate finance and business development roles.

Wesco Aircraft Holdings, Inc. (NYSE: WAIR) announced that Gregory A. Hann, executive vice president and chief financial officer, has informed the company’s board of directors of his intention to retire, effective March 31, 2015. To ensure an orderly transition, Mr. Hann will continue to serve as Wesco Aircraft’s chief financial officer until a replacement can be found, and will remain an employee of the company until March 31, 2015. Thereafter, Mr. Hann will serve as a consultant to the company for one year.

Essia Health announced that Anita Pramoda, CEO of TangramCare and former chief financial officer of Epic Systems Corporation, has been appointed to the company’s board of directors, and William Moore has joined as chief financial officer. Pramoda currently serves as co-founder and CEO of TangramCare. She was recently chief financial officer at Epic Systems Corporation. She serves as an executive advisor at Technology Crossover Ventures, and is on the boards at Allscripts and Dignity Health Foundation. Prior to joining Essia Health, Moore served as the chief financial officer of 4medica. He has held a number of senior leadership finance roles, including interim chief financial officer and vice president of finance for Mood Media. He served as vice president of finance at Platinum Equity.WOOD GROUP PSN DAVID KEMP

Wood Group announced that Alan Semple, chief financial officer (CFO) has advised the board that he intends to retire and step down from his current role and from the board at the company’s annual general meeting in May 2015, at which time he will have held senior financial roles with Wood Group for over 19 years. Alan has been CFO and a member of the board since 2000. David Kemp, CFO of Wood Group PSN will succeed Alan and will join the board as an executive director following the 2015 annual general meeting. To ensure effective management of this change, David will assume the role of deputy CFO from 1 January 2015. David Kemp joined Wood Group as CFO of Wood Group PSN in 2013.  Prior to joining Wood Group, David filled executive roles at Trap Oil Group, Technip, Simmons and Company International and Hess Corporation working across Finance, M&A and Operations.

Compass Minerals (NYSE: CMP) announced that Matthew J. Foulston will join the company as chief financial officer effective Dec. 2, 2014. Foulston comes to Compass Minerals from Navistar International in Chicago where he was the senior vice president of operations and corporate finance. Previously, he was the vice president and chief financial officer at Navistar Truck. He also served as senior vice president and chief financial officer at Mazda North America and held several leadership positions at Ford Motor Company in Germany, the U.K. and the U.S. In July of this year, Compass Minerals announced that current CFO Rodney Underdown, would be leaving the company by the end of 2014 and would assist with the transition to a new CFO.

Central Maine & Quebec Railway has appointed Harold Tynes as chief financial officer. He succeeds Sachi Mishra. Mr. Tynes has more than 30 years of management and financial leadership experience with a range of firms including the Blackstone Group, the Riverside Company, AEA Investors and Fortress Investments. He was vice president and controller and later VP financial services and treasurer at RailAmerica from 2007 through 2011 and president of RailAmerica’s Atlas Railroad Construction affiliate from 2011 to 2013. He also served as corporate controller at Great Lakes Transportation from 2002-2004. Most recently, Mr. Tynes was chief financial officer at Swanson Industries, Inc., Morgantown, West Virginia.

National Disease Research Interchange (NDRI) announced that Jessica F. Mulholland, chief financial officer and controller for eXude, Inc. has been appointed to the Board of Directors for a three-year term.

Cengage Learning announced that John Leahy has been appointed Chief Financial Officer. John most recently served as Executive Vice President and Chief Financial Officer of Care.com. Previously, John served as Executive Vice President and Chief Financial Officer of iRobot, and as Executive Vice President and Chief Financial Officer for Keane, Inc. He spent the first part of his career with PepsiCo in a variety of domestic and international management assignments over 17-years, including Vice President, Global Strategic Planning and M&A. Dennis Morgan

Trinity Pharma announced the appointment of Dennis Morgan as the company’s chief financial officer. Morgan previously served as the CFO of Acquia. Prior to Acquia, Morgan was the CFO at Buddy Media. Before beginning his tenure as a CFO, Morgan was Vice President of Corporate Finance at Yahoo!.

GigOptix, Inc. (NYSE: GIG) announced the appointment of Darren Ma as Vice President and Chief Financial Officer. Mr. Ma, who joined GigOptix from the position of Controller of the Power Management and High Reliability and Systems Innovation business units with Semtech Corporation, replaces Curt Sacks who has separated from the company to pursue other interests. Prior to Semtech, Mr. Ma served in numerous finance roles at Intel, where he began his career, and senior finance and financial planning and

Pluribus Networks announced the appointment of George de Urioste as chief financial officer. De Urioste comes to Pluribus with more than 30 years of experience as CFO, COO, board director and advisor with companies such as Marvell, Ricoh, Remedy, Bridgelux, Vendavo and Arrayent.

Antares Pharma, Inc. (NASDAQ: ATRS) announced the appointment of James E. Fickenscher to the position of Senior Vice President, Chief Financial Officer. Most recently, Mr. Fickenscher served as Chief Financial Officer of Auxilium Pharmaceuticals, Inc. from May 2005 until August 2014. From January 2000 until April 2004, Mr. Fickenscher served as Senior Vice President, Chief Financial Officer of Aventis Behring L.L.C., a wholly owned subsidiary of Aventis, predecessor to Sanofi S.A. Mr. Fickenscher joined Aventis Behring L.L.C. in 1995 as Vice President, Business Development and Strategic Planning and, from that time until 2000, also held the positions of General Manager, Japan and Vice President & General Manager, Hemophilia Business Unit. Prior to Aventis Behring L.L.C., Mr. Fickenscher worked at Rhone-Poulenc Rorer, predecessor to Sanofi S.A., in its Collegeville, Pennsylvania and Paris, France offices and at Deloitte & Touche LLP.

The AES Corporation (NYSE: AES) announced that Bernerd Da Santos, who currently serves as Chief Financial Officer, Global Finance Operations, will serve as Acting Chief Operating Officer effective December 1, 2014. Since joining AES in 2000, Mr. Da Santos has held several positions, including Managing Director of Finance for Latin America, Chief Financial Officer of Latin America and Africa and Chief Financial Officer of Global Utilities.

MSC Industrial Direct Co., Inc. (NYSE: MSM) announced that Jeff Kaczka, Executive Vice President and Chief Financial Officer, plans to retire from the Company. Mr. Kaczka will continue in his current role until such time as a new Chief Financial Officer has been appointed.

Genco Shipping & Trading Limited (OTC: GSKNF) announced that John C. Wobensmith, the Company’s Chief Financial Officer, has been appointed as President effective December 19, 2014. Mr. Wobensmith has over twenty years of experience in the shipping industry and has served as Genco’s Chief Financial Officer since April 2005. Since 2010, he held the roles of President, Chief Financial Officer, Principal Accounting Officer, Secretary and Treasurer of Baltic Trading Limited, a subsidiary of the Company. Prior to joining Genco, he was Senior Vice President with American Marine Advisors, Inc. Mr. Wobensmith worked in the international maritime lending group of The First National Bank of Maryland from 1993 through 2000, serving as a Vice President from 1998. The Company also announced today that Apostolos Zafolias has been appointed as Chief Financial Officer effective the same date as Mr. Wobensmith’s appointment as President. Mr. Zafolias joined the company in May 2005 and has served as Genco’s Executive Vice President of Finance since July 2013. Before being appointed Executive Vice President of Finance, Mr. Zafolias held various finance leadership positions at the Company. Richard Agee

COR Medical Technologies announced the appointment of Richard N. Agee as its President and Chief Financial Officer. Prior to joining COR Medical Technologies, Richard was a Principal at Stoneworth Financial, a Houston-based investment banking firm. Richard was also Chief Financial Officer and Executive Vice President at AR Group.

Anterios, Inc. announced that it has hired Fabian Tenenbaum to serve as its Chief Financial Officer and Chief Business Officer.  Prior to joining Anterios, Mr. Tenenbaum was the CEO of Iluminage Beauty, a Unilever joint-venture company. From 2011 to 2013, he co-founded and then served as CEO of Syneron Beauty until the company was spun-off to Unilever. From 2007 to 2011, Mr. Tenenbaum was Executive Vice President and CFO for Syneron-Candela. Prior to Syneron, Mr. Tenenbaum held executive leadership positions with several life-science companies including Radiancy and Sunlight Medical. He also served on the Board of Directors for Rakuto Bio Technologies Ltd. and Fluorinex Active Ltd.

The California Integrated Data Exchange (Cal INDEX) announced the appointment of Greg LeClaire joins as chief financial officer from Aetna Inc.’s Healthagen division, where he served as chief financial officer for three companies, including Medicity, Inc., HDMS, Inc. and Population Health IT. Prior to his role within Aetna Inc.’s Healthagen division, he served as chief financial officer for ClearOne Communications, Inc., and for Utah Medical Products, Inc.

Seres Health, Inc. announced that Eric Shaff has joined Seres as its Chief Financial Officer. Prior to joining Seres, Mr. Shaff was Vice President, Corporate Finance at Momenta Pharmaceuticals. Prior to Momenta, Mr. Shaff was Vice President, Finance of Genzyme’s Rare Genetic Disease Division and held several positions at Genzyme in Business Unit Finance and Corporate Finance as well as Corporate Development. Previously, Mr. Shaff worked in Corporate Finance at Pfizer, and worked in investment banking for Broadview International (now Jefferies Broadview).

First Republic Bank (NYSE: FRC) announced that Mike Roffler, Deputy Chief Financial Officer for the past five years, has been named Executive Vice President, Chief Financial Officer effective Jan. 1, 2015. Roffler succeeds Willis Newton, who has served as CFO of First Republic for the past 26 years. Roffler joined First Republic in 2009. Prior to joining First Republic, Roffler worked for 16 years in the audit practice at KPMG and became a Partner in 2004.

Retrophin, Inc. (NASDAQ: RTRX) announced the appointment of Laura M. Clague as Senior Vice President and Chief Financial Officer. Ms. Clague is replacing Marc Panoff, who will remain for a mutually agreed upon transition period. Most recently, she served as Chief Financial Officer of the San Diego and Ohio operations of Amylin Pharmaceuticals, Inc., after its acquisition by Bristol-Myers Squibb and subsequent divestiture to AstraZeneca. Prior to the acquisition by Bristol-Myers Squibb, Ms. Clague was the Vice President, Corporate Controller and Principal Accounting Officer of Amylin for 10 years. During this time, she also served as the Chief Financial Officer of Amylin’s collaboration with Eli Lilly and Company. Earlier in her career, Ms. Clague held financial roles at Sony Electronics, Inc., Cubic Corporation and KPMG. She currently serves on the board of directors of LRAD Corporation.

Healthland announced the addition of Todd Laddusaw as Chief Financial Officer. Most recently, Laddusaw was CFO of MicroEdge LLC. Previously, he was a finance director in the United Health Group system, and has extensive finance experience with industry leaders Thomson Reuters, PricewaterhouseCoopers, and KPMG Peat Marwick.

Undertone announced the appointments of Mark Attarian as Chief Financial Officer. Prior to joining Undertone, Attarian served as a partner at Tatum, where he co-led the New England Technology and Private Equity practice groups.

Kalibrate announced that Gregg Budoi has joined the executive management team as CFO and executive vice president. Budoi joins Kalibrate from EZ Energy USA, Inc. (“EZ Energy”), where he was CEO and president. Prior to EZ Energy, Budoi was managing director and partner of Barnes Wendling Corporate Finance, LLC, a financial advisory firm created through the merger of Budoi & Company, Inc. and Barnes Wendling CPAs accounting firm. From 1997 to 2002, Budoi was CFO for Dairy Mart Convenience Stores, Inc.

Videology announced that it has elevated current CFO Scott Macleod to the position of President, and hired Kenneth Tarpey, former CFO of comScore, Inc. to fill the role left vacant by Macleod’s promotion.  Prior to joining comScore, Tarpey was CFO of ObjectVideo, Inc. Prior to ObjectVideo, he was CFO of several technology companies including Ai Metrix, Proxicom, NatSystems, and SQA.  Earlier in his career, Tarpey served as a senior manager at PricewaterhouseCoopers.

Micron Technology, Inc. (NASDAQ: MU) announced that Ronald C. Foster, Chief Financial Officer (CFO) and Vice President of Finance, will retire from Micron next year. Mr. Foster has served as CFO of Micron since his appointment in April 2008.

First Financial Bancorp (NASDAQ: FFBC) announced that Tony Stollings has been promoted to President and Chief Operating Officer for First Financial Bancorp. Stollings previously served as Chief Financial Officer. John Gavigan has been promoted to Senior Vice President and Chief Financial Officer for the company. Stollings joined First Financial in 2006 as Controller and Chief Accounting Officer.  He was named Chief Risk Officer in 2011, and then was appointed Chief Financial Officer in 2013. Gavigan joined First Financial in 2008 as the Assistant Controller. He was promoted to Controller in 2011.

Darden Restaurants, Inc. (NYSE: DRI) announced that Brad Richmond, Chief Financial Officer for the past eight years, announced his intention to retire after 32 years with the company.  His retirement will be effective at the end of March 2015 or sooner if a successor is appointed.

The Children’s Place, Inc. (NASDAQ: PLCE) announced the appointment of Anurup Pruthi as Senior Vice President and Chief Financial Officer. Mr. Pruthi joins from Reliance Industries, Ltd in Mumbai, India, where he served as Chief Financial Officer. Prior to Reliance Industries, Mr. Pruthi served as Chief Executive Officer of the Future Group business consulting and services company; Chief Financial Officer, Global Merchandising and Supply Chain at Burberry PLC; Chief Operating Officer and Chief Financial Officer for Mexx Europe Holding, a subsidiary of Liz Claiborne, Inc.; and Group Finance Director for Liz Claiborne, Inc.

Quest Solution, Inc. (OTC: QUES) announced it has named Scot Ross as its new Chief Financial Officer, effective on the closing of the transaction with Bar Code Specialties, Inc. (BCS), which was previously announced. Mr. Ross presently serves as Executive Vice-President and CFO for BCS. Ross will also be joining the Board of Directors for The Company. Mr. Ross began his career in public accounting as a CPA and was an Audit Manager with Arthur Andersen in Orange County, California and left the firm in 1989 to join The Severin Group (the worldwide manufacturer and distributor of Gucci Timepieces) as the Worldwide Corporate Controller. In 1992, he joined a venture capital financed technology company, CDB Infotek, as its Vice President, Chief Financial Officer, and Director before engineering the sale of the business to a division of Equifax Corporation in 1996. From 1997 to 2000, Mr. Ross worked as the Vice President and CFO with Fresh Start Bakeries, Inc. and co-engineered a MBO/LBO from Campbell’s Soup Company. From 2000-2002, he served as President and CEO of E-Commerce Exchange and later sold this business to iPMT Technologies. From 2002-2007 he was the CFO of M-Audio, a digital audio and music recording company that was sold to Avid Technologies in 2004. From 2007-2010 he served as contract CFO to a variety of companies and has worked with BCS from 2011-present.

Advanced Energy Industries, Inc. (NASDAQ: AEIS) announced that Danny Herron, EVP and Chief Financial Officer, will step down after a transition period to pursue other opportunities.

CFO Moves – week ending November 14, 2014

CFO Moves this week include:

Craft Brew Alliance, Inc. Armored AutoGroup Inc. Boku
Jacobs Engineering Group Inc. Main Street Capital Corporation Books-A-Million, Inc.
Sidewinder Drilling Inc. NexBank Capital, Inc. ION Geophysical Corporation
Chromatin, Inc. Bone Biologics, Corp. Finjan Holdings, Inc.
Oxis International, Inc. Lionstone Investments Axion Power International, Inc.
Rowan Companies plc Hercules Offshore, Inc. Care.com
Brightcove Inc. Caesars Entertainment Corporation Bomgar
Acelity L.P. Inc. Social Reality, Inc. Awarepoint Corporation
bluebird bio, Inc. Clarabridge, Inc. Raven Industries, Inc.
Hanmi Financial Corporation Escalade, Incorporated

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

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

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

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Craft Brew Alliance, Inc. (NASDAQ: BREW) announced that Mark D. Moreland, chief financial officer, will transition out of the CFO role effective December 31, 2014 and will assist the Company in a consultant capacity through the middle of 2015. Mr. Moreland has served as the principal financial officer of the Company since 2008. He initially joined Widmer Brothers Brewing as CFO in April 2008 in preparation for the merger of Widmer Brothers and Redhook and has served as CBA’s chief financial officer since the merger in July 2008. Before joining the company, Mr. Moreland was Executive Vice President and Chief Financial Officer of Knowledge Learning Corporation and held various senior-level finance positions, including interim CFO, with Movie Gallery, Inc. and Hollywood Entertainment Corporation, which Movie Gallery acquired in 2005. Mr. Moreland will continue to direct the company’s finance organization through the end of the year. Beginning January 1, 2015, he will serve as a senior consultant to assist in the CFO transition through May 31, 2015.

Armored AutoGroup Inc. announced the appointment of Michael K. Bauersfeld as Chief Financial Officer. Andy Bolt, Armored AutoGroup’s current CFO, is leaving the Company for personal reasons. Before assuming his current role, Mr. Bauersfeld was Vice President & Corporate Controller at Sun Products from September 2008 to February 2014. During that period, he also served as Interim Chief Financial Officer from July 2011 to January 2012. Before joining Sun Products, he spent four years at Elizabeth Arden, Inc., where he served in a variety of financial roles, including Vice President & Corporate Controller and, earlier, Vice President and Director of Finance for the company’s Prestige Selling Business Unit and Global Marketing department. Before joining Elizabeth Arden, he held roles including Director of Financial Reporting at Memry Corporation, Director of Financial Reporting at Remington Products Company, and Manager of Financial Reporting and consolidations for Playtex Apparel, Inc.

Boku named mopay co-founder Christian Hinrichs as the company’s new Chief Financial Officer. This announcement comes on the heels of Boku’s recent acquisition of mopay. Prior to mopay, Christian also worked as a Project Manager at Roland Berger & Partner, and has experience working with companies such as Commerzbank, Dresdner Bank and Delbrück & Co, Privatbankiers.

Jacobs Engineering Group Inc. (NYSE: JEC) announced that Kevin Berryman is joining the company as Executive Vice President (EVP) and Chief Financial Officer (CFO). Mr. Berryman will assume his new role effective January 5, 2015. For the past five years Mr. Berryman has served as EVP and CFO at International Flavors and Fragrances Inc. Prior to that, he spent 25 years at Nestlé in a number of finance roles including treasury, mergers & acquisitions, strategic planning, and control. Recent roles at Nestlé included Senior Vice President and Controller of the Nestlé Group, and CFO of Nestlé Purina, where he supported the integration of Nestlé’s largest acquisition, Ralston Purina, into the Nestlé operations. In September, Jacobs announced the planned retirement of its EVP Finance and Administration John Prosser, who has been with the company for 40 years. Mr. Prosser will continue at Jacobs until the end of January 2015 to work with Mr. Berryman on the transition of his role.

Main Street Capital Corporation (NYSE: MAIN) announced that it has promoted Dwayne L. Hyzak to Chief Operating Officer and Senior Managing Director and Brent D. Smith to Chief Financial Officer and Treasurer. Mr. Hyzak has served as Main Street’s Chief Financial Officer and Senior Managing Director since 2011 and as its Treasurer since 2012.  Mr. Hyzak also serves as a member of Main Street’s investment committee.  Previously, he served as Main Street’s Senior Vice President-Finance since 2011, as one of its Senior Vice Presidents since 2007 and was a co-founder of Main Street.  Mr. Hyzak joined Main Street’s predecessor funds in 2002 and has been affiliated with the Main Street group in leadership roles since 2000. Mr. Smith has served as Main Street’s Senior Vice President-Finance since August 2014.  Previously he served as the Executive Vice-President, Chief Financial Officer and Treasurer of a publicly traded energy services company from 2010 through June 2014 and in various finance and accounting roles at the company from 2005 through 2010.

Books-A-Million, Inc. (NASDAQ: BAMM) announced the appointment of Ronald J. Domanico as a member of the Board and a member of the Audit Committee of the Board. Mr. Domanico will stand for re-election at the Company’s annual meeting of stockholders in 2015. Mr. Domanico is recently retired from HD Supply (“HDS”), where he served as Senior Vice President and Chief Financial Officer. While at HDS, Mr. Domanico played a key role in the company’s successful IPO in 2013. Prior to HDS, Mr. Domanico was Senior Vice President, Chief Financial Officer, and a member of the board of directors of Caraustar Industries, Inc. from 2002 to 2009. Prior to Caraustar, Mr. Domanico held various senior financial management positions, most notably Senior Vice President and Chief Financial Officer of Nabisco International.

Sidewinder Drilling Inc. announced the promotion of J. Anthony Gallegos to President of the Company.  Mr. Gallegos currently serves as Chief Financial Officer, a role he will keep in addition to his new responsibilities as President. Mr. Gallegos was a founder of Sidewinder and has served as Senior Vice President & CFO since the Company’s inception. From April 2006 through September 2010, Mr. Gallegos held the position of Vice President of Business Development for Scorpion Offshore, acquired by Seadrill Ltd. in 2010.  Prior to joining Scorpion Offshore, he held operational, marketing, corporate planning and management positions with Atwood Oceanics, Transocean and Ensco.

NexBank Capital, Inc. announced that Kenneth R. Hanks, Executive Vice President and Chief Financial Officer, electively retired from the company, effective October 31, 2014. He was succeeded by Craig S. Korbuly, who most recently served as Senior Vice President and Chief Accounting Officer of NexBank Capital, Inc. Previously, Mr. Korbuly was an Audit Principal with Payne & Smith LLC. Mr. Korbuly’s career also includes director and senior audit roles with McGladery & Pullen LLP, Fisk & Robinson P.C., and Bailey Vaught Robertson & Company.

ION Geophysical Corporation (NYSE: IO) announced the resignation of its Senior Vice President and Chief Financial Officer, Greg Heinlein, who is leaving the Company to pursue other interests.  ION has named Steve Bate as its Executive Vice President and Chief Financial Officer.  Mr. Bate was previously Executive Vice President and Chief Operating Officer of ION’s Systems division. Mr. Bate joined ION in 2005 as Chief Financial Officer for the Company’s Solutions business.  In 2007, he became Senior Vice President of ION’s Sensor business, and in 2009, his role broadened to include leadership of ION’s Land Imaging Systems division.  Following the formation in March 2010 of INOVA Geophysical, ION’s joint venture with BGP, Mr. Bate was appointed INOVA’s first President and Chief Executive Officer and served in that role for two and a half years. In 2013, Mr. Bate was named Executive Vice President and Chief Operating Officer of ION’s Systems division. Prior to joining ION, Mr. Bate was President of a residential construction company and founded his own consulting business to help lead organizations through change.

Chromatin, Inc. announced that Troy Randolph has joined the company as its Chief Financial Officer. After serving as an Officer in the U.S. Army, Troy began a corporate career at General Electric where he spent 10 years in roles of growing responsibility, starting with GE’s Appliance division and subsequently becoming a member of the GE Corporate Audit Staff, after which he joined the finance team at GE Healthcare. From there he served as CFO of GE Nuclear’s Global Laser Enrichment Program. After leaving GE, Troy transitioned into private equity owned businesses, serving as the VP of Finance/CFO for Guilford Performance Textiles, an automotive textile manufacturer and a portfolio company of Cerberus Capital. While at Guilford, Troy was a key leader in the company’s successful sale and integration into Lear Corporation. Most recently, Troy was the CFO of Nautic Global, a private equity backed recreational boat manufacturer, and fourth largest domestic producer of pleasure craft.

Bon Biologics, Corp. has appointed Deina Walsh as Chief Financial Officer. Ms. Walsh is the owner and founder of DHW, CPA, PLLC a firm specializing in audits of publicly held entities, Sarbanes-Oxley Compliance, internal audit and internal control systems, and audits of privately held entities. She was previously a partner at EFP Rotenberg, LLP.

Finjan Holdings, Inc. (NASDAQ: FNJN) announced that Michael D. Noonan has been appointed the Company’s Chief Financial Officer (CFO) and Treasurer replacing Shimon Steinmetz. Mr. Steinmetz has decided not to renew his contract with the Company and to explore other pursuits. He will remain with the Company to ensure a seamless transition. Michael served as CFO and a member of the Board of Directors of Sky Petroleum Inc.  Previously, Michael served as a senior director in the finance department responsible for investor relations, human resources, and mergers and acquisitions at Forgent Networks.

Oxis International, Inc. announced the appointment of Steven Weldon as Chief Financial Officer, Chief Accounting Officer and member of the Board of Directors. Andrew Bruce

Lionstone Investments announced the appointment of Andrew J. Bruce as chief financial officer. Mr. Bruce served most recently as the CFO for two public non-listed REITs advised by Behringer Harvard, a real estate investment firm. He also headed the capital markets group for the Behringer platform from 2006 to 2012. Between 1994 and early 2006, Mr. Bruce worked for AMLI Residential Properties Trust in Dallas and Chicago, beginning his career there as a property accountant and later working as a corporate accountant.

Axion Power International, Inc. (NASDAQ: AXPW) announced that executive Charles R. Trego has been appointed the Company’s permanent Chief Financial Officer. Trego, who is also a member of the Company’s Board of Directors. Trego previously served as the Company’s CFO from April, 2010 to July, 2013, has been serving as a consultant in the role of interim CFO since March 2014 when he took over for Stephen Graham, who resigned. Trego was formerly Executive Vice President and Chief Financial Officer of Minrad International, which was acquired by India’s Piramal Healthcare in early 2009. Prior to that, from 2005 to 2008, he was Senior Vice President and Chief Financial Officer of Hardinge Inc., and from 2003 to 2005 he was Chief Financial Officer and Treasurer of  Latham International. Rowan Companies plc Butz

Rowan Companies plc (NYSE: RDC) announced the appointment of Stephen M. Butz as Executive Vice President, Chief Financial Officer and Treasurer, effective December 1, 2014.  Mr. Butz joins the Company from Hercules Offshore, Inc., where for the past nine years he has served in various corporate development, treasury and finance functions, most recently as Executive Vice President and Chief Financial Officer.  Mr. Butz will take over from Kevin Bartol, whose resignation was previously announced and is effective as of November 30, 2014.

Hercules Offshore, Inc. (NASDAQ: HERO) announced that it has promoted Troy L. Carson to Senior Vice President and Chief Financial Officer, effective November 21, 2014. Mr. Carson­ replaces Stephen M. Butz, who resigned as the Company’s Executive Vice President and Chief Financial Officer effective November 21, 2014, to join Rowan Companies plc as Executive Vice President, Chief Financial Officer and Treasurer.  Mr. Carson is currently serving as Senior Vice President and Chief Accounting Officer.  He joined the Company as Vice President and Corporate Controller in March 2007, was appointed to Principal Accounting Officer in July 2008, and was named Chief Accounting Officer in May 2010.

Care.com (NYSE: CRCM) announced that Ian Duncan Robertson, most recently Chief Financial Officer of OpenTable, has been appointed to the Company’s Board of Directors, effective as of November 5, 2014.  Mr. Robertson also will serve as Chairman of the Board’s Audit Committee.  Mr. Robertson was Chief Financial Officer (CFO) of OpenTable from August 2011 to October 2014.  Previously, he co-founded and served as CFO of SnapStick, a mobile app company, and before that served as CFO of Aricent, from 2005 to 2009.  Mr. Robertson has also held leadership and financial roles at Flextronics, Sensory, Orbit Semiconductor, and Deloitte & Touche.  The Company also announced that Steven Cakebread stepped down from the Company’s Board and as its Chairman of the Audit Committee effective as of November 5, 2014.

Brightcove Inc. (NASDAQ: BCOV) announced the appointment of Kevin R. Rhodes as EVP & Chief Financial Officer. Mr. Rhodes is expected to assume his position with the Company on December 1, 2014. Chris Stagno, Brightcove’s Chief Accounting Officer, was named Interim Chief Financial Officer earlier this year and will resume his primary role once the transition is complete. Most recently, Mr. Rhodes served for over five years as the EVP & Chief Financial Officer of PlumChoice, Inc.. Prior to joining PlumChoice, he served as the Chief Financial Officer of Edgewater Technology, Inc. Mr. Rhodes held other senior financial management positions with Eliassen Group, Inc. and Waste Management, Inc.

Caesars Entertainment Corporation (NASDAQ: CZR) announced the appointment of Eric Hession, the company’s senior vice president and treasurer, as Chief Financial Officer, effective January 1, 2015. Hession will succeed Donald Colvin, who is retiring from the company effective December 31, 2014. He joined the company in 2002 after four years with Merck & Co. Bruce Duner

Bomgar announced that Bruce Duner has joined the company as Chief Financial Officer. Duner joins Bomgar most recently from Surgical Information Systems (SIS), where he was Senior Vice President and Chief Financial Officer. Duner previously served as Senior Vice President and Chief Accounting Officer at Mariner Health Care. Prior to Mariner, Duner served as Senior Vice President and Chief Financial Officer for Wonderware.

Acelity L.P. Inc. announced the appointment of Thomas Casey as Executive Vice President and Chief Financial Officer. Most recently, Tom served as Executive Vice President and CFO at Clear Channel. Prior to this role, Tom was Executive Vice President at Washington Mutual. Previous to this, Tom served as Senior Vice President and CFO for GE Financial Assurance.

Social Reality, Inc. (OTC: SCRI) announced the appointment of Carrie McQueen as Chief Financial Officer. Ms. McQueen most recently served as Chief Financial Officer of LifeVantage Corporation. Prior to LifeVantage, Ms. McQueen served as Chief Financial Officer for Adventrx Pharmaceuticals. She also served as Vice President Finance for V-Enable, Inc. (now xAd), and for Websense Inc. (WBSN, now private).

Awarepoint Corporation announced the promotion of Tim Roche, formerly the company’s chief financial officer, to the position of chief executive officer. Roche has served as chief financial officer of Awarepoint since November 2011. Prior to Awarepoint, Tim was the co-founder, president and chief executive officer of MDdatacor, Inc.

bluebird bio, Inc. (NASDAQ: BLUE) announced that James M. DeTore is joining the company as its Chief Financial Officer and Treasurer. Mr. DeTore joins the company from Ironwood Pharmaceuticals Inc., where he served as Vice President of Corporate Finance and as the Corporate Controller at Ironwood’s predecessor company, Microbia, Inc. Prior to that, he spent a number of years at Genzyme Corporation in a variety of divisional and corporate financial positions.

Clarabridge, Inc. announced that BroadSoft CFO Jim Tholen has been appointed to its Board of Directors. Tholen currently serves on the Board of Directors and as chairman of the Audit Committee for Millennial Media (NYSE: MM), and on the Board of Directors of Spectra Logic. He also served as CFO and chief strategy officer for CareerBuilder.com. Tholen was also CFO and COO at NetSec, Inc., a managed security services company acquired by MCI (now Verizon Business).

Raven Industries, Inc. (NASDAQ: RAVN) announced that Steven E. Brazones will join the company as its Chief Financial Officer (CFO), effective December 1, 2014. Brazones succeeds Thomas Iacarella who will remain with the company and work with Brazones to ensure a smooth transition. From 2002 to 2014, Brazones held a variety of positions with H.B. Fuller Company. Most recently, he served as the Company’s Americas finance director. Previously, he served as the assistant treasurer and the director of investor relations. Prior to his tenure with H.B. Fuller, Brazones held various roles at Northwestern Growth.

Hanmi Financial Corporation (NASDAQ: HAFC), the holding company for Hanmi Bank announced that Michael W. McCall has been appointed Executive Vice President & Chief Financial Officer (“CFO”), effective November 12, 2014. Most recently, Mr. McCall served as Senior Vice President and Principal Accounting Officer at BBCN Bank. Prior to BBCN Bank, he held numerous leadership positions in the banking sector.

Escalade, Incorporated (NASDAQ: ESCA) announced that Stephen R. Wawrin will assume the additional duties as Escalade’s Vice President, Finance and Chief Financial Officer. Since 2008, Mr. Wawrin has served as Vice President –Finance and Administration for Escalade’s Sporting Goods business. He joined Escalade in 2005, and previously served as Corporate Controller for Escalade, Inc. Mr. Wawrin will succeed Deborah J. Meinert, Escalade’s current Vice President Finance, Chief Financial Officer, and Secretary.

CFO Moves – week ending November 7, 2014

CFO Moves this week include:

Reckitt Benckiser Pharmaceuticals Inc. Summer Infant, Inc. RetailMeNot, Inc.
McCormick & Company, Incorporated Church & Dwight Co., Inc. Rand Logistics, Inc.
First Choice Healthcare Solutions, Inc. EPIC Insurance Brokers and Consultants Salix Pharmaceuticals, Ltd.
Anytime Fitness, LLC Insulet Corporation Great Basin Scientific, Inc.
Employers Holdings, Inc. Pharmavite LLC Transgenomic, Inc.
N-Play Unitas Global BioRhythm
Appliance Recycling Centers of America, Inc. Tenable Network Security®, Inc. Nextility
Enbridge Energy Partners, L.P. Nuverra Environmental Solutions 3D Systems Corporation
WellCare Health Plans, Inc. First Citizens BancShares Sente, Inc.
JAMS Nevada Gold & Casinos, Inc. Dex Media, Inc.
Global Eagle Entertainment Inc. The Bay Area Discovery Museum

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

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

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

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Reckitt Benckiser Pharmaceuticals Inc. announced the appointment of Cary J. Claiborne as Chief Financial Officer. Prior to his appointment at Reckitt Benckiser Pharmaceuticals, Cary served as Chief Financial Officer of Sucampo Pharmaceuticals Inc. Previously, Cary held senior positions at New Generation Biofuels, Osiris Therapeutics, Constellation Energy, Home Depot Corporation, MCI and General Electric.

Summer Infant, Inc. (NASDAQ: SUMR) announced that William E. Mote, Jr. has been appointed as the Company’s new Chief Financial Officer effective November 10. Mote will replace Paul Francese, who will be leaving the Company after a transition period. Prior to joining Summer Infant, Mr. Mote was Chief Financial Officer for The Poarch Band of Creek Indians. From 2010 to 2012, he was Executive Vice President of Finance at JAKKS Pacific, Inc. Before that, he was Vice President and Corporate Controller at Easton-Bell Sports, from 2005 to 2010. Mr. Mote spent five years working in various global finance positions with increasing responsibility at Hewlett-Packard Company beginning in 2000.

RetailMeNot, Inc. (NASDAQ: SALE) announced that Douglas C. Jeffries has decided to step down as Chief Financial Officer effective November 30, 2014 to return to his home on the west coast. Louis J. Agnese, the Company’s General Counsel and Secretary, will serve as interim CFO until a permanent replacement has been found. Mr. Agnese joined RetailMeNot as General Counsel in 2011 and previously worked as a corporate attorney at DLA Piper and Akin Gump Strauss Hauer & Feld.Mike-Smith

McCormick & Company, Incorporated (NYSE: MKC) announced the appointment of Mike Smith to the role of Senior Vice President Finance – Capital Markets and Chief Financial Officer (CFO) North America. Mr. Smith joined McCormick in 1991 and has held multiple roles of increasing responsibility, including the Director of Corporate Accounting, Vice President of Finance for U.S. Industrial, Vice President of Finance and Administration for U.S. Consumer, Vice President Treasury & Investor Relations and most recently, CFO and Vice President Finance Europe, Middle East and Africa.  Prior to McCormick, Mr. Smith began his career in public accounting with Coopers & Lybrand.

Church & Dwight Co., Inc. (NYSE: CHD) announced that Matthew T. Farrell has been promoted to the roles of Chief Operating Officer / Chief Financial Officer from his current CFO role.

Rand Logistics, Inc. (NASDAQ: RLOG) announced that Chief Financial Officer Joseph McHugh has notified the Company of his intent to retire in calendar year 2015.

First Choice Healthcare Solutions, Inc. (OTC: FCHS) announced the appointment of Gary D. Pickett as the Company’s new Chief Financial Officer, Secretary and Treasurer, replacing Donald A. Bittar who has chosen to formally retire. Bittar will continue to serve as a valued member of the Company’s Board of Directors. Prior to joining First Choice, Pickett served as a senior financial executive at Bovie Medical Corporation; beginning first as Controller in March 2006 and elevating to Chief Financial Officer in October 2006. Previous to Bovie, he was Director of Financial Systems at Progress Energy Services (now Duke Energy) and Vice President and Controller of Progress Rail Services, a former subsidiary of Progress Energy acquired by Caterpillar, Inc. in 2006. Karman Chan

EPIC Insurance Brokers and Consultants announced that Karman Chan has joined the firm as Chief Financial Officer (CFO). EPIC’s current CFO, Michael Gonthier, will transition to a new EPIC position as Chief Administrative Officer (CAO). Chan was CFO of the Large Groups Business Unit at Blue Shield of California. She also spent six year with Charles Schwab and Co., Inc. in a range of positions including Vice President of Corporate Planning and Analysis. Prior to Joining EPIC, Chan was most recently CFO and Turnaround Officer at Pacific Pulmonary Services in Novato, CA.

Salix Pharmaceuticals, Ltd. (NASDAQ: SLXP) announced the appointment of Timothy J. Creech as Acting Chief Financial Officer of the Company. He succeeds Adam C. Derbyshire, who resigned his position at the Company. Mr. Creech, who joined the Company in 2007, has most recently been serving as the Company’s Senior Vice President, Finance and Administrative Services. Mr. Creech has over 30 years of accounting and financial experience, including approximately 10 years at KPMG LLP and over 20 years in positions of significant responsibility at publicly traded companies.Anytime Fitness LLC John Pindred

Anytime Fitness, LLC has appointed John Pindred as its new Chief Financial Officer.  Pindred will also serve as CFO for Waxing the City Worldwide, LLC. Pindred joins Anytime Fitness after serving as Chief Financial Officer and Chief Administrative Officer for Family Christian, a national specialty retail chain.

Insulet Corporation (NASDAQ: PODD) announced the promotion of Allison Dorval to Chief Financial Officer. Ms. Dorval, who had been serving as the Company’s Vice President, Controller since 2008, succeeds Brian Roberts, who has chosen to resign as Chief Financial Officer.  Prior to joining Insulet, Ms. Dorval served as Assistant Controller of iBasis, Inc. From 2005 to 2008, Ms. Dorval served as Director, Corporate Finance of Digitas.

Great Basin Scientific, Inc. (NASDAQ: GBSN) announced that Jeffrey Rona has been appointed as the Company’s Chief Financial Officer (CFO). Most recently, he has served as a financial consultant to Great Basin since 2012 in his role as the managing director of Rona Capital, LLC. From 2006 to 2011, Mr. Rona was the Chief Business Officer of GlobeImmune. Prior to joining GlobeImmune, Mr. Rona was Vice President of Corporate Development for Corgentech, Inc., following the merger between Corgentech and AlgoRx Pharmaceuticals in 2005. Mr. Rona was in the investment banking department at UBS Warburg from 2000 to 2002. Prior to this, he was Director of Finance and Corporate Development at Antigenics Inc., now Agenus. Mr. Rona began his career in 1990 with Coopers and Lybrand and its wholly-owned subsidiary, Coopers & Lybrand Securities, where he held positions with increasing responsibility.

Employers Holdings, Inc. (NYSE: EIG) announced the appointment of Terry Eleftheriou as its executive vice president, chief financial officer. Eleftheriou recently served as principal of Aeolus Capital Partners. Prior to Aeolus Capital, Eleftheriou served as executive vice president and group chief financial officer of Scottish Re Group Ltd. Prior to Scottish Re, Eleftheriou was a group finance executive with XL Group Ltd. Eleftheriou also served in senior positions with Sage Insurance Group and American General Corporation and spent 15 years with Ernst & Young LLP. Eleftheriou replaces William E. (Ric) Yocke, who in April of 2014, informed the Company of his decision to retire as of June 30, 2015.

Pharmavite LLC announced it has appointed Nitin Deshpande as chief financial officer. Previously Nitin spent two decades at Procter and Gamble (P&G), where he held several global leadership positions, including chief financial officer for several P&G regions including South Korea and Northeast Asia, and later became chief financial officer for P&G’s global hair colorants business. Most recently, Nitin was the senior vice president of finance at Elizabeth Arden, Inc.

Transgenomic, Inc. (NASDAQ: TBIO) announced that Mark Colonnese, the Chief Financial Officer and Executive Vice President of Transgenomic, resigned from the Company effective October 30, 2014. Paul Kinnon, Transgenomic’s President and Chief Executive Officer, will assume the role of Interim Chief Financial Officer. Additionally, Leon Richards, Transgenomic’s Corporate Controller, will take on additional responsibilities as Chief Accounting Officer for Transgenomic. Mr. Richards joined the financial group at Transgenomic in 2012. Previously, he served as Corporate Controller and Chief Accounting Officer at Baldwin Technology Company, Inc. Earlier in his career Mr. Richards was Director of Financial Reporting and Control at Ciba Specialty Chemicals (now BASF), and he also held positions of increasing responsibility in the financial group at Hercules, Inc. (now Ashland Chemical). Mr. Richards started his career in public accounting at KPMG.

N-Play has named John Marshall as the company’s Chief Operating Officer. He will also assume the role of Chief Financial Officer. Marshall’s business background includes previous executive roles at Fidelity National Information Services (FIS), Home123 Corporation, and EquiCredit Corp.

Unitas Global announced the addition of Rachel Williams to its senior executive team as Chief Financial Officer. Prior to joining Unitas Global, she was an outsourced CFO to several technology start-ups. Additionally, she spent several years as the CFO for a Native American Tribe with successful gaming operations. Ms. Williams also founded a SaaS-based technology company, Wigot.

BioRhythm has named Anthony Razzano as its new CEO, chairman of the board and chief financial officer. Razzano has been a member of BioRhythm’s board of directors and consultant to the company since September 2012. Prior to joining BioRhythm, Razzano served as Managing Principal of Razzano Consulting, LLC. Razzano is also a certified National Football League Contract Advisor.

Appliance Recycling Centers of America, Inc. (NASDAQ: ARCI) announced that Jeffrey Cammerrer, the company’s chief financial officer (CFO), will be leaving to take a position with a private equity owned firm in the health care industry. Cammerrer will step down as CFO effective November 21, 2014, but will continue to assist the company with various matters to support an orderly transition through the first quarter of 2015. Cammerrer started with the company in July 2008 as corporate controller and was promoted to CFO in October 2012. Effective November 22, 2014, Mark Eisenschenk, president and chief executive officer, will serve as the company’s acting CFO and principal accounting officer.Steve Vintz

Tenable Network Security®, Inc. has appointed Steve Vintz as chief financial officer. Vintz most recently served as executive vice president and chief financial officer of Vocus Inc., from 2001 until its sale in June 2014. Previously, Vintz was vice president of strategic planning and analysis at Snyder Communications.

Nextility announced the hire of Joyce Ferris as its Chief Financial Officer (CFO). Ms. Ferris joins Nextility from Blue Hill Partners, where she was the Founder and a Managing Partner. Ms. Ferris served as a member of Nextility’s board before joining the company as CFO.

Enbridge Energy Partners, L.P. (Partnership) (NYSE: EEP) and Enbridge Energy Management, L.L.C. (EEM) (NYSE: EEQ) announced the resignation of Terrance L. McGill from the boards of directors of EEM and Enbridge Energy Company, Inc. (EECI), the general partner of the Partnership. John Whelen, executive vice president and chief financial officer for Enbridge Inc., was elected to replace Mr. McGill on the boards of directors of each of EEM and EECI. Terry will continue as an officer of the General Partner and EEM and will focus his time and energy on his role as President and Chief Commercial Officer, and Director, of Midcoast Energy Partners, L.P. Previously Enbridge’s Senior Vice President and Controller, Mr. Whelen has retained executive leadership for Enbridge’s financial reporting function, while assuming responsibility for Enbridge’s tax and treasury functions. Mr. Whelen has been part of the Enbridge team since 1992, when he assumed the Manager of Treasury role at Consumers Gas (now Enbridge Gas Distribution). Since that time, he has held a series of executive positions with increasing responsibility, including treasury, risk management, corporate planning and development and financial reporting. Mr. Whelen served as the chief financial officer, and then president, of Enbridge Income Fund.

Nuverra Environmental Solutions (NYSE: NES) announced that Executive Vice President and Chief Financial Officer Jay C. Parkinson is leaving the Company to pursue other opportunities.  Mr. Parkinson will remain with the Company through March 31, 2015 to assist with an orderly transition. Christopher Chisholm, Nuverra’s current Executive Vice President and Chief Accounting Officer, has been appointed interim CFO.  Before joining Nuverra in 2011, Mr. Chisholm was EVP and CFO of Envirogen Technologies, Inc., and a predecessor company from 2008-2011. Prior to that position, he served as EVP and CFO of Veolia Water North America, LLC, and served in various executive management capacities for U.S. Filter.

3D Systems Corporation (NYSE: DDD) announced that it has named plans to name Ted Hull as its Chief Financial Officer, effective November 11, 2014, succeeding Damon Gregoire, who will transition to the role of Executive Vice President, Mergers and Acquisitions. Hull joins 3D Systems in the interim as Executive Vice President, Finance before assuming the role of Chief Financial Officer. Most recently Ted served as Executive Vice-President and Chief Financial Officer of Fusion-io until its purchase by SanDisk Corporation. Before that, Hull spent six years at Cisco as its Vice President, Finance. Amongst his other roles, Hull served as Vice President Finance and Chief Financial Officer of Maxtor and had a distinguished seventeen-year career at IBM.

WellCare Health Plans, Inc. (NYSE: WCG) announced that Thomas L. Tran resigned as the Senior Vice President and Chief Financial Officer of the Company, effective November 14, 2014. The company appointed Andrew Asher as its Senior Vice President and Chief Financial Officer, effective upon the resignation of Mr. Tran. Mr. Asher joined the Company in August 2014 as a Senior Vice President. Prior to joining the Company, Mr. Asher had served as Chief Finance Officer, Local & Regional Businesses of Aetna Inc., since May 2013. Prior to that, Mr. Asher served with Coventry Health Care, Inc., from May 1998 to May 2013, when it was acquired by Aetna, most recently as Senior Vice President, Corporate Finance. Craig Nix

First Citizens BancShares announced that Craig L. Nix has been elected by the company’s board of directors to serve as chief financial officer of BancShares and its First Citizens Bank subsidiary. Nix replaces Glenn D. McCoy who retired as CFO. It was previously announced that McCoy would retire at a date following the Oct. 1 merger of First Citizens Bancorporation of South Carolina into BancShares and that Nix would become CFO. Nix previously served as executive vice president and chief financial officer of Bancorporation from 2001 until its merger into Bancshares. At the time of the merger, Nix became vice president of finance for BancShares and executive vice president of finance for First Citizens Bank of North Carolina. He will continue to serve as CFO of First Citizens Bank and Trust Company of South Carolina until it merges into First Citizens Bank of North Carolina, which is expected in early 2015. Nix joined First Citizens of South Carolina in 1999 as senior vice president and controller.

Sente, Inc. announced the appointment of Michael Brower to Chief Financial Officer. Most recently, Michael served as Chief Financial and Operations Officer at LifeSaver. Prior to LifeSaver, he served as Chief Financial and Operations Officer at Gunar Optiks. Additionally, he served on the executive team at leading brands Spy Optic and Odyssey Golf.

JAMS announced the addition of Kevin McDonnell as Senior Vice President and Chief Financial Officer.

Nevada Gold & Casinos, Inc. (NYSE: UWN) announced that James J. Kohn has resigned as Chief Financial Officer and Secretary of the Company. James D. Meier, a seasoned financial and casino industry executive has joined the Company as Vice President, Chief Financial Officer and Secretary. Mr. Meier had been employed by Full House Resorts, Inc. since 2004, serving in executive positions most recently as Vice President of Strategic Planning and Financial Analysis and previously as Chief Financial Officer and initially as Controller.

Dex Media, Inc. (NASDAQ: DXM) announced the appointment of Paul Rouse, Chief Financial Officer & Treasurer. Rouse joined Dex Media from Apple and Eve, LLC, where he served as the chief financial officer. Before joining Apple and Eve, Rouse was the vice president of finance, corporate and business development, and treasurer of Yellowbook, Inc.

Global Eagle Entertainment Inc. (NASDAQ: ENT) has promoted Michael Zemetra to Chief Financial Officer. Previously, Zemetra served as Chief Accounting Officer and Controller at Global Eagle Entertainment (“GEE”) since June of 2013. Prior to joining GEE, Mr. Zemetra worked at Demand Media, Inc. (“Demand”). While at Demand, Mr. Zemetra was instrumental in taking Demand public in 2011 and served in various financial roles, including as Senior Vice President and Chief Accounting Officer. From 2000 to early 2008, Mr. Zemetra held financial roles for a variety of media, mobile and biotechnology start-up companies such as Helio, Inc, Clearant, Inc., JAMDAT Mobile, Inc., and eCompanies, LLC. From 1995 to 2000, Mr. Zemetra worked for PricewatershouseCoopers, LLC.

The Bay Area Discovery Museum announced the appointment of Michelle Martinez as its newest Chief Financial Officer.

CFO Moves – week ending October 31, 2014

CFO Moves this week include:

Hill-Rom LoJack Corporation FORMA Therapeutics
The Freeman Company HARMAN International Industries, Incorporated COTA, Inc.
SL Green Realty Corp. Fred’s Inc. Intevac, Inc.
Clean Energy Fuels Corp. Realty Income Corporation Behringer Harvard Opportunity REIT II, Inc.
Elemica Powerstorm Capital Corp. Renaissance RX
Tallwave BSQUARE Corporation CF Industries Holdings, Inc.
Genius Brands International, Inc. Thrift Books LLC Xoom Corporation
Farmers Capital Bank Corporation American Realty Capital Properties, Inc. Black Hills Corp.
Air Line Pilots Association, International (ALPA)

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

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

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

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Hill-Rom (NYSE: HRC) announced the appointment of Steven J. Strobel as Senior Vice President and Chief Financial Officer (CFO). Before joining Hill-Rom, Strobel was Chief Financial Officer of BlueStar Energy.  Prior to BlueStar, Strobel served as Treasurer and Corporate Controller at Motorola, and in the same positions at Owens Corning.  Before that, he worked at Kraft Foods and American Hospital Supply Corporation.  Most recently, Strobel was President of McGough Road Advisors, a corporate finance consulting firm.  Strobel serves on the Board of Directors of Newell Rubbermaid Inc., where he chairs the Audit Committee.

LoJack Corporation (NASDAQ: LOJN) announced the appointment of Kenneth L. Dumas as Chief Financial Officer, effective November 10, 2014.  Casey Delaney, who became Acting CFO in May 2014, will remain LoJack’s Vice President and Controller. Prior to joining LoJack, Dumas served as CFO and Treasurer at Chase Corporation. Before becoming Chase’s CFO in 2007, Dumas served the company as Director of Finance and Corporate Controller. From 1993 to 2003 he worked for PricewaterhouseCoopers LLP, where his positions included Senior Manager in the firm’s Assurance Practice. Helen Boudreau

FORMA Therapeutics announced that Helen M. Boudreau has been appointed to the position of Chief Financial Officer. For the past six years, Helen has served at Novartis, most recently as Chief Financial Officer, Novartis Corporation. Previously, Helen served as Vice President, Investor Relations and was the Global Chief Financial Officer for Novartis Oncology. Prior to joining Novartis, Helen held various leadership positions for 10 years at Pfizer, where she last served as Vice President, Finance for the Customer Business Unit and Commercial Operations. Previously at Pfizer, Helen spent eight years in R&D in roles of increasing responsibility for Global R&D Finance, Research Finance and Procurement, Financial Planning & Strategic Analysis, and Strategic Management. Before joining the pharmaceutical sector, Helen gained expertise in strategic planning in the restaurant division of PepsiCo/YUM Brands, was an Engagement Manager at McKinsey & Co and was a Commercial Banking Officer at Bank of America.

The Freeman Company announced that Renee J. Hornbaker, chief financial officer at Stream Energy, has been named to Freeman’s Board of Directors. Hornbaker also belongs to the Boards of the Eastman Chemical Company and Tri-Global Energy, as well as serving as president of the National Association of Corporate Directors and as a member of the Executive Committee of the Dallas chapter of Women Corporate Directors.

HARMAN International Industries, Incorporated (NYSE: HAR) named Sandra E. Rowland, currently HARMAN’s Vice President, Corporate Development and Investor Relations, as Executive Vice President and Chief Financial Officer, effective January 1, 2015. Rowland succeeds Herbert Parker, who has been named to the newly-created role of Executive Vice President, Operational Excellence, responsible for Information Technology, Internal Audit, Mergers & Acquisitions and special projects. Rowland joined HARMAN in 2012 to lead Investor Relations. In 2013, she also took on the responsibility of Corporate Development, which included Strategy and Mergers & Acquisitions. Prior to HARMAN, Rowland served in positions of increasing responsibility at Eastman Kodak Company, including Controller of the Consumer Segment, Director of Corporate Financial Planning and Analysis, Assistant Treasurer, Director of Investor Relations, and Chief Financial Officer of the Commercial Segment. Before joining Kodak, Rowland advised technology companies within the Audit and Business Advisory practice of PricewaterhouseCoopers LLP.

COTA, Inc. announced the appointment of Brian LaRock as the Company’s Chief Financial Officer (CFO). LaRock joins COTA following his role as CFO of NewsCred, Inc. Prior to NewsCred, Inc., LaRock served as COO/CFO of Big Lead Sports and CFO of 5min Media, Inc.

SL Green Realty Corp. (NYSE: SLG) announced that Matthew J. DiLiberto has been named the Company’s Chief Financial Officer (CFO), effective Jan. 1, 2015, when the employment agreement of the current CFO, James Mead, expires. Mr. Mead will be leaving to pursue other professional interests. Mr. DiLiberto has been with SL Green since 2004. Prior to this promotion, he has been the Company’s Chief Accounting Officer and Treasurer. Before joining the Company, he served for four years as a Controller and Director of Information Management for Chelsea Property Group, which is now a division of Simon Property Group. He previously held positions at Vornado Realty Trust and at Coopers and Lybrand, LLP, the predecessor to PricewaterhouseCoopers, LLP.

Fred’s Inc. (NASDAQ: FRED) announced that it has named Jerry A. Shore Chief Executive Officer of the Company. Shore has served as the Company’s Executive Vice President and Chief Financial Officer for more than 14 years and assumed the additional title of Chief Operating Officer in January of this year.

Intevac, Inc. (NASDAQ:IVAC) announced that James P. Moniz joined the Company. Mr. Moniz will succeed Charles Eddy as the Company’s Chief Financial Officer, Treasurer and Secretary on November 12, 2014. James Moniz was Chief Financial Officer of Nanometrics, Inc., where he served from 2009 until his retirement in 2011. Mr. Moniz has returned from his retirement to take the CFO position at Intevac. Prior to Nanometrics, Mr. Moniz was the Chief Financial Officer of Photon Dynamics. From 2000 until 2008, Mr. Moniz was the Chief Financial Officer of Nextest Systems Corporation. Prior to Nextest, Mr. Moniz held senior financial management positions at Millennia Vision Corporation, Lockheed Martin Corporation, Loral Corporation and Varian Associates.

Clean Energy Fuels Corp. (NASDAQ: CLNE) announced that Robert Vreeland has been appointed Chief Financial Officer. Mr. Vreeland served as Vice President of Finance and Accounting at Clean Energy from 2012 to 2014. Before joining Clean Energy, he was a consultant at RV CPA Services, PLLC. From January 1997 to May 2009, Mr. Vreeland held various finance and accounting positions at Hypercom, including Interim CFO; Senior Vice President and Corporate Controller; Senior Vice President, Operations; and Vice President of Financial Planning and Analysis. Prior to joining Hypercom, he spent twelve years at Coopers & Lybrand. Mr. Vreeland is replacing Richard Wheeler who served as Clean Energy’s CFO from 2002 to 2014.

Realty Income Corporation (NYSE: O) announced that Stephen E. Sterrett, Senior Executive Vice President and Chief Financial Officer of Simon Property Group, Inc. has joined Realty Income’s Board of Directors. Mr. Sterrett has served as Senior Executive Vice President at Simon since 2011, and Chief Financial Officer since 2000. Mr. Sterrett joined Simon in 1988 and became Senior Vice President and Treasurer in 1993. Simon has previously announced that Mr. Sterrett intends to retire from his current position at Simon.

Behringer announced today that Jason Hall has been elected as chief financial officer of Behringer Harvard Opportunity REIT II, Inc. by the company’s board of directors. Hall will continue to serve as senior vice president and chief accounting officer of Behringer Harvard Opportunity REIT II, Inc. (“the company”), positions he has held since September 2013. With his election to CFO, Hall became the company’s principal financial officer. He began his tenure with the company in January 2005 as an SEC reporting manager. Before joining Behringer, Hall served from 2000 to 2004 in various accounting positions including two years as corporate controller for Aegis Communications Group, Inc. From 1991 to 2000, Hall was corporate controller of a private distribution company for five years and also spent three years in public accounting.Keith Schneck

Elemica announced the addition of Keith D. Schneck as Chief Financial Officer. Keith’s recent experience includes roles as EVP and CFO at eRESEARCH TECHNOLOGY (ERT). He was also CFO of Neoware.

Powerstorm Capital Corp. (OTC: PTSO) announced that they have appointed Kirstin L. Gooldy as Chief Financial Officer. Prior to joining Powerstorm Capital’s management team, Ms. Gooldy served as Controller at GAEA GROUP and Senior Vice President of DiBari Group a leading specialty finance group. Ms. Gooldy was also one of the founding members of a premier Telecommunications Company and has held the positions of Director of Finance, Treasury and Investor Relations. Renaissance RX Thierry Amat Headshot

Renaissance RX announced that Thierry Amat has joined as its executive vice president and chief financial officer (CFO). Prior to joining Renaissance RX, Amat was the senior vice-president and CFO of Remedi SeniorCare. Amat was CFO of Aptuit between 2008 and 2012. Between 2005 and 2008, Amat was the CFO of SODEXHO INC. Prior to SODEXHO INC., Amat spent 19 years in a number of capacities at Sanofi.

Tallwave announced that Vickie Wittie has been appointed as the company’s chief financial officer. Wittie’s extensive background includes previous CFO positions at Unicorn Media, Limelight Networks, Cocoon Capital and Gateway Data Sciences Corporation.

BSQUARE Corporation (NASDAQ: BSQR) announced Marty Heimbigner as Chief Financial Officer of the company. Prior to Bsquare, Mr. Heimbigner was a partner at Pacific CFO Group, LLC. He has held other senior partner or financial leadership positions at companies including Tatum, LLC, City Bank, Demand Media, Intelligent Results, Airbiquity Inc., Washington Energy Company, and KPMG.

CF Industries Holdings, Inc. (NYSE: CF) announced that its Board of Directors has elected Theresa E. Wagler as an independent director of the company. Ms. Wagler has been chief financial officer and executive vice president of Steel Dynamics, Inc. since 2007 and 2009, respectively. She also serves as Steel Dynamics’ principal accounting officer. Ms. Wagler has held various positions of increasing responsibility since joining Steel Dynamics in 1998. Prior to joining Steel Dynamics, she served as assistant corporate controller for Fort Wayne National Bank and as a certified public accountant with Ernst & Young LLP.Rebecca Hershinger

Genius Brands International, Inc. (OTC: GNUS) have appointed Rebecca Hershinger as Chief Financial Officer. Hershinger began working with GBI in early 2014 through CFO Advisory Services, Inc. She previously served as CFO of the publicly traded start-up SpectrumDNA, Inc. Additionally, for six years, Hershinger held finance and corporate development positions at Metro-Goldwyn-Mayer, Inc.

Thrift Books LLC announced the addition of Deni Day to serve as Chief Financial Officer. Most recently Day was the Director of Finance, eCommerce at Walgreens. Prior to Walgreens, Day was Manager in the Assurance group at McGladrey & Pullen.

Xoom Corporation (NASDAQ: XOOM) announced that Ryno Blignaut has decided to resign as Xoom’s CFO, effective December 1, 2014. Matt Hibbard, currently VP of Finance, will take over as CFO.

Farmers Capital Bank Corporation appointed Mark A. Hampton to be the Company’s Executive Vice President and Chief Financial Officer effective January 1, 2015. While Mr. Hampton will replace C. Douglas Carpenter as Chief Financial Officer, Mr. Carpenter will serve as Executive Vice President, Finance until next summer when he anticipates retiring. Mr. Hampton has concentrated on financial and regulatory reporting for significantly all of his years since joining the Company in 1997, and was most recently named Senior Vice President in 2012.

American Realty Capital Properties, Inc. (NASDAQ: ARCP) announced that Michael Sodo has been named Chief Financial Officer of the Company, replacing Brian Block. Mr. Sodo previously served as Senior Vice President, Director of Financial Reporting and Treasury. Mr. Sodo joined ARCP from Capital Automotive where he served in a number of roles of increasing seniority, most recently as SVP, Director of Financial Reporting and Treasurer. Mr. Block has resigned.

Black Hills Corp. (NYSE: BKH) announced that Anthony Cleberg, executive vice president and chief financial officer, will retire at the end of March 2015. Richard Kinzley, the company’s vice president and controller, will be appointed senior vice president and chief financial officer effective Jan. 1, 2015. Kinzley is a 15-year veteran of the company who has served in roles of increasing responsibility in the finance, accounting, and corporate strategy and development areas. Prior to assuming his current role in February 2013, Kinzley was vice president of strategic planning and corporate development.

Air Line Pilots Association, International (ALPA) announced that Elizabeth Robinson, PhD, has been appointed as director of Finance and chief financial officer (CFO). Robinson comes to ALPA from the National Aeronautics and Space Administration (NASA), where she held the position of CFO since 2009. Prior to her role at NASA, Beth served as assistant director for Budget at the Office of Management and Budget and deputy director at the Congressional Budget Office.

CFO Moves – week ending October 24, 2014

CFO Moves this week include:

ClickSoftware Technologies Ltd. Avery Dennison Corporation NewMarket Corporation
Invoca NinthDecimal RRD International
SunCoke Energy, Inc. TrialScope Western World Insurance Group
Value Place Medbox, Inc. Wilsonart
Tandon Digital Inc. Harsco Corporation Raptor Pharmaceutical Corp.
Avionté Diversified Communications

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

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

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

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

ClickSoftware Technologies Ltd. (NASDAQ: CKSW) announced that Joel Jeselsohn has been appointed Chief Financial Officer of the Company, effective November 1st, 2014. He will be succeeding Shmuel Arvatz, who is departing the Company. Mr. Jeselsohn, previously the Company’s Vice President Finance and Operations of the Americas, has been with the Company since 2003 and has served in various financial and business roles.Mitchell Butier

Avery Dennison Corporation (NYSE: AVY) announced that it has appointed Mitchell R. Butier as president and chief operating officer, effective November 1. Mr. Butier has been the company’s senior vice president and chief financial officer since June 2010, and will continue to serve as CFO until a successor is named. Butier joined Avery Dennison from PricewaterhouseCoopers in 2000. Prior to being named senior vice president and chief financial officer, he served from 2007 to 2010 as corporate vice president, global finance, and chief accounting officer. Prior to 2007, he held other senior leadership roles across the company.

NewMarket Corporation (NYSE: NEU) announced that David A. Fiorenza, Vice President and Chief Financial Officer, intends to retire on March 1, 2015. David became the Chief Financial Officer of the company in 2011, having previously served as the Principal Financial Officer since 2000 and as Vice President and Treasurer of the company since 1997. He joined the company in 1974 as a computer programmer in the Baton Rouge, Louisiana office. Brian D. Paliotti will succeed David as Vice President and Chief Financial Officer of NewMarket Corporation on January 1, 2015. At such time, David will continue to serve as a Vice President of NewMarket and assist in the transition until his retirement. Mr. Paliotti joined NewMarket in 2008 as Financial Officer for Afton Chemical Corporation, NewMarket’s largest subsidiary, and was subsequently appointed Vice President, Finance, NewMarket Services Corporation, on May 1, 2013. Prior to joining NewMarket, Brian worked at United Technologies and the Eastman Kodak Company in various finance positions.

Invoca announced that Cynthia Stephens has joined Invoca’s leadership team as chief financial officer. Stephens was most recently SVP and CFO of Harvest Power. Prior to Harvest Power, she held various executive positions, including CFO for Infoseek. Stephens brings additional financial leadership experience from companies such as OpenView Venture Partners, CodeGear/Borland Software, Pharsight, Calico Commerce, and Fractal Design. Jeff Stephens

NinthDecimal announced Jeff Stephens has joined the company as chief financial officer. Stephens joins NinthDecimal following his role as as CFO at inPowered. His previous experience includes working as the senior vice president, finance and administration, at QuinStreet. He also served as CFO for hi5 Networks.

RRD International announced the addition of Brian R. Gallagher to the executive team. Gallagher joins RRD as senior vice president and chief financial officer. Brian Gallagher’s previous experience includes positions at Merck & Company, Therakos, a Johnson & Johnson company, and Adolor Corporation. Most recently, Gallagher was vice president of finance for Optimer Pharmaceuticals.Fay West

SunCoke Energy, Inc. (NYSE: SXC) and SunCoke Energy Partners, L.P. (NYSE: SXCP) announced that Fay West has been promoted to Senior Vice President and Chief Financial Officer of both companies. Mark E. Newman, Senior Vice President and Chief Financial Officer, has accepted the position of Senior Vice President and Chief Financial Officer of DuPont’s new Performance Chemicals Company. Ms. West currently is the Company’s Vice President and Controller, a position she has held since February 2011. In July 2012, she was appointed Vice President and Controller of SunCoke Energy Partners GP LLC, the general partner of SunCoke Energy Partners, L.P., the Company’s publicly traded master limited partnership subsidiary. Previously, Ms. West was Assistant Controller at United Continental Holdings, Inc. from April 2010 to January 2011. She was Vice President, Accounting and Financial Reporting for PepsiAmericas, Inc. from December 2006 through March 2010 and Director of Financial Reporting from December 2005 to December 2006. Ms. West was Vice President and Controller of GATX Rail Company from 2001 to 2005 and Assistant Controller of GATX Corporation from 2000 to 2001.

TrialScope announced that it has appointed Richard Aguinaldo as Chief Financial Officer. Prior to joining TrialScope, Aguinaldo served as CFO for Activu Corporation. Before joining Activu, Aguinaldo was Finance Director at ShoreTel, Inc. Previous to ShoreTel, Aguinaldo was the VP, Finance and Controller for M5 Networks, Inc. for eight years.

Western World Insurance Group announced that Robert J. Livingston, the current Chief Operating and Chief Financial Officer, who has been with Western World for 37 years, will assume the role of President and Chief Executive Officer. Bob Livingston first became an officer of Western World Insurance Group in 1980 when he was elected Assistant Treasurer, and has held positions of increasing responsibility before being elected to his current position in 2010.

Value Place announced the appointment of Stuart Becker to Executive Vice President and Chief Financial Officer. Becker brings with him four years of experience serving as a CFO at Summit Hotel Properties Inc. Before his tenure at Summit, Becker spent three years as partner and CFO of Summit Green Tiger, LLC.

Medbox, Inc. (OTC: MDBX) announced the appointment of Doug Mitchell as its Chief Financial Officer. Mr. Mitchell is replacing Thomas Iwanski who served Medbox as a part time CFO, and resigned to facilitate the continued development of the company with the addition of a full time CFO. Mr. Mitchell’s previous positions have included CFO for Chicago Pizza & Brewery, Inc., now renamed BJ’s Restaurants, Inc.; V.P. Finance for Borland Software Corporation; and CFO for Commerce Energy Group, Inc. He also served as interim CFO for eTelecare Global Solutions, Inc.

Wilsonart announced the appointment of Jeffrey S. Lee to the role of Chief Financial Officer. Lee joins Wilsonart from Contech Engineered Solutions, where he served as CFO for seven years. Prior to Contech, Lee spent 12 years with Eaton Corporation, where he held various domestic and international financial roles of increasing responsibility.

Tandon Digital Inc. announced Thomas Dulek as Chief Financial Officer. Mr. Dulek joins Tandon Digital with over 30 years of experience as a senior leader in public accounting. Tom’s broad range of clients has included private and public companies both domestic and international. Most recently, Mr. Dulek has operated a sole accounting and finance advisory practice in the greater Los Angeles area.

Harsco Corporation (NYSE: HSC) announced the appointment of Peter F. Minan as Chief Financial Officer, effective November 11, 2014. Mr. Minan joins Harsco with experience from a nearly 30-year career with KPMG, where his roles included National Managing Partner, U.S. Audit Practice, and Partner in Charge, Washington/Baltimore Audit Practice. Named a partner in the firm in 1993, Pete also served as global lead partner for several multinational Fortune 500 industrial and consumer audit clients. His most recent role was VP Enterprise Risk Management and Internal Audit with Computer Sciences Corporation.

Raptor Pharmaceutical Corp. (NASDAQ: RPTP) announced that Georgia Erbez, Chief Financial Officer since September 2012, will be leaving the company to pursue other opportunities. Frank Lanza has been appointed as interim Principal Financial and Accounting Officer. Mr. Lanza has served as the company’s Controller since February 2013.

Avionté announced that Mark H. Young was hired as Chief Financial Officer (CFO). Before joining the team at Avionté, Young held the role of General Counsel and Chairman of the Board at MentorMate, LLC. He also spent four years at Blue Rock Advisors as their Chief Financial Officer and General Counsel and nearly 12 years at Personnel Decisions International Corporation (PDI).

CFO Moves – week ending October 17, 2014

CFO Moves this week include:

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

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

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

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

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

CFO Moves – week ending October 10, 2014

CFO Moves this week include:

Yext J. C. Penney Company, Inc. Post Holdings, Inc.
Avvo, Inc. Theravance, Inc. Behringer Harvard Opportunity REIT I, Inc.
WealthEngine Mondelez International Ultrasolar Technology
Freeman VeriStor Systems 8×8, Inc.
Aasonn, LLC Oiltanking Partners, L.P. Logicalis
Lumos Networks Corp. B/E Aerospace, Inc. Solazyme, Inc.
Asure Software Sucampo Pharmaceuticals, Inc. Doral Financial Corporation
Myriad Genetics, Inc. Sizmek Inc.

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

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

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

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Yext announced that Steve Cakebread is joining the Yext team as Chief Financial Officer. Cakebread was Chief Financial Officer of Salesforce.com from 2002 to 2009, in addition to serving as the President and Chief Strategy Officer. More recently Cakebread served as Chief Financial Officer of Pandora Media Inc. He previously held senior management roles at Autodesk, Silicon Graphics World Trade, and Hewlett Packard.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

CFO Moves – week ending October 3, 2014

CFO Moves this week include:

Autodesk, Inc. GLG EMC Corporation
VF Corporation CEC Entertainment, Inc. Mercer
Munich Re NewLink Genetics Corporation Charles River Associates
Graphic Packaging Holding Company Press Ganey Wingstop Restaurants, Inc.
Eline Entertainment Group, Inc. ACE Life Magnetic
American Apparel, Inc. Atlas Venture NXT-ID, Inc.
Unwired Planet, Inc. Mountain High Acquisitions Corp. TOMI™ Environmental Solutions, Inc.
CNB Sysorex Global Holdings Corp. Merchants Bancshares, Inc.
The Wet Seal, Inc. Krispy Kreme Doughnuts, Inc. Turner Broadcasting System, Inc.
Voya Investment Management New Gulf Resources, LLC Panolam Industries International
KJT Group Windstream Fibrocell Science, Inc.

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

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

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

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Autodesk, Inc. (NASDAQ:ADSK) announced R. Scott Herren will join the company as senior vice president and chief financial officer, effective November 1, 2014. Herren, who is currently serving as senior vice president of finance at Citrix. Herren has spent the past 14 years at Citrix. Prior to his current role, Herren held a variety of leadership roles at Citrix including vice president and managing director for EMEA and vice president and general manager of the company’s virtualization systems group. Before joining Citrix in 2000, he spent 16 years in senior strategy and financial positions at FedEx and IBM.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

CFO Moves – week ending September 26, 2014

CFO Moves this week include:

Revlon Johnson Controls FinancialForce.com
Omnicom Group Inc. State Compensation Insurance Fund Ventas, Inc.
Willis Group Argan, Inc. LENSAR Inc.
Airgain, Inc. Overture SUNZ Insurance Company
GlobeOne Columbia Laboratories, Inc. Visible World
Ixia USA Truck, Inc. Eventus Solutions Group
Kurion, Inc. SPI Solar Ceragon Networks Ltd.
sPower A. M. Castle & Co. BioNitrogen Holdings Corp.
Silvaco, Inc. Graco Inc. Garden Fresh Restaurant Corp.
Symmetry Wells-Gardner Electronics Corporation American Railcar Industries, Inc.
EveryWare Global, Inc.

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

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

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

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Revlon, Inc. appointed Roberto Simon as its Executive Vice President and Chief Financial Officer. Mr. Simon’s election as Revlon’s EVP & CFO fills the vacancy in that position created by the departure from the Company of its former Executive Vice President, Chief Financial Officer and Chief Administrative Officer, Lawrence Alletto. Previously, Mr. Simon served as the Company’s Senior Vice President, Global Finance since joining the Company in October 2013 as part of the Company’s acquisition of The Colomer Group Participations, S.L., including serving as the Company’s Global Business Process Owner, SAP, since February 2014. Prior to joining the Company and since 2002, Mr. Simon served in various senior finance positions of increasing responsibility at The Colomer Group, including most recently serving as The Colomer Group’s Chief Financial Officer since October 2011.Johnson Controls Brian Stief

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Symmetry appointed Andy Breton as Chief Financial Officer.

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

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

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

CFO Moves – week ending September 19, 2014

CFO Moves this week include:

Microsoft Corp. RadioShack Corporation Proformative
AMD Arizona Coyotes Recyclebank
Kadant Inc. OvaScience NOXXON Pharma
Rowan Companies plc SRA International, Inc. RMG Networks Holding Corporation
Vantage Data Centers Harleysville Savings Financial Corporation Spredfast
Retrophin, Inc. Airlines for America Ruder Finn, Inc.
Build-A-Bear Workshop, Inc SED International Holdings, Inc. Sparton Corporation
Exterran Holdings, Inc. Bankrate, Inc. Antares Pharma, Inc.
Rubicon Technology Inc. RAMP Keysight Technologies, Inc.
TerraForm Power, Inc. Merchants Bancshares, Inc. Asset International, Inc.
Nuclea Biotechnologies, Inc.

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

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

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

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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