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.|
|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|
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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Stanton Chase International). Samuel can be reached by email at firstname.lastname@example.org or by phone at +1 (415) 738-2070.
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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.
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.
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.
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 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.
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.
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.
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.