CFO Moves this week include:
Watts Water Technologies, Inc. | The Madison Square Garden Company | The Henry Ford |
Amneal Pharmaceuticals LLC | Frontier Utilities, LLC | Sterling Infosystems |
Nintex | Gravitant | Boart Longyear Limited |
Emulex Corporation | Spherix Incorporated | Kite Pharma, Inc. |
AutoNation, Inc. | Bunge North America | Capital Insurance Group |
Evolution Petroleum Corporation | Velti plc | Agree Realty Corporation |
Blyth, Inc. | Marinus Pharmaceuticals, Inc. | Pericom Semiconductor Corporation |
AmeraMex International, Inc. | Telx | New Relic |
Planet Payment, Inc. | Reterro, Inc. | Town Sports International Holdings, Inc. |
EmployBridge | Littelfuse, Inc. | Torrington Savings Bank |
Amgen | JBT Corporation | Infinity Augmented Reality, Inc. |
Algeco/Scotsman Holding S.à r.l. | International Commercial Television, Inc. | The Hignell Companies |
Fred’s Inc. | Global Geophysical Services, Inc. |
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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Stanton Chase International). Samuel can be reached by email at s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.
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Watts Water Technologies, Inc. (NYSE: WTS) announced that the Board of Directors has named Dean P. Freeman, currently the Company’s Executive Vice President and Chief Financial Officer, as interim President and Chief Executive Officer. Freeman joined the Company in October 2012 and was appointed Executive Vice President and Chief Financial Officer in November 2012. Mr. Freeman previously served as Senior Vice President of Finance and Treasurer of Flowserve Corporation from October 2009 to October 2011. Also while at Flowserve, Mr. Freeman served as Vice President, Finance and Chief Financial Officer of the Flowserve Pump Division from 2006 to October 2009. Prior to Flowserve, Mr. Freeman served as Chief Financial Officer, Europe for The Stanley Works Corporation. Mr. Freeman also served in financial executive and management roles of progressive responsibility with United Technologies Corporation and SPX Corporation.
The Madison Square Garden Company (NASDAQ: MSG) announced that Bob Pollichino will retire as executive vice president and chief financial officer in the fall of 2014. Until then, Mr. Pollichino will continue with the company, while assisting with the search for his successor, which the company is commencing. After his retirement, Mr. Pollichino will continue to advise MSG as an active consultant for 12 months.
The Henry Ford has promoted Brent Ott to Chief Financial Officer. Ott has served as manager of financial strategy and analysis for The Henry Ford since 2011. Ott started his career with The Henry Ford in 2000 and began working in the finance department in 2005 as financial analyst for the institution.
Amneal Pharmaceuticals LLC announced that Rochelle Fuhrmann has joined the fast-growing generics manufacturer as Chief Financial Officer. Ms. Fuhrmann was most recently Senior Vice President, Finance at Warner Chilcott plc. Prior to Warner Chilcott, Ms. Fuhrmann held various positions in finance, corporate accounting, and investor relations at AT&T Inc. She began her career at Coopers & Lybrand LLC (now PriceWaterhouseCoopers) in Boston.
Frontier Utilities, LLC announced that Chris Weaver has joined its executive team as Chief Financial Officer. Mr. Weaver joins Frontier Utilities from AP Gas & Electric LLC where he was Controller and then Chief Financial Officer before becoming Chief Executive Officer. Prior to AP Gas & Electric, he spent several years with Deloitte where he managed audit services to utility and power generation clients.
Sterling Infosystems announced Daniel P. O’Brien as its new Chief Financial Officer. Before joining Sterling, O’Brien spent much of his career in the telecommunications industry as CFO of Hawaiian Telcom Holdco, a former Verizon subsidiary, and Global Crossing, a subsidiary of Level 3. Earlier in his career, he led the initial public offering of Genuity Corporation as its Chief Financial Officer. He also served as CFO for GTE Corporation, taking a leading role in its merger with Bell Atlantic. This merger led to the formation of Verizon. Most recently, O’Brien served as CFO of Jackson Hewitt.
Nintex announced that Eric Johnson has joined the company as chief financial officer. Johnson comes to Nintex from Jive Software, where he served as vice president of finance. Prior to joining Jive, Johnson spent seven years at Serena Software, holding financial and operational leadership positions, including director of finance and accounting for the Americas and Asia Pacific and vice president of worldwide sales operations. Johnson also held finance positions with Sequent Computer Systems, which was acquired by IBM, and with InFocus.
Gravitant® announced it has hired Ken Kieley as its Chief Financial Officer. Prior to joining Gravitant, Ken was Senior Vice President of Finance at RetailMeNot. Prior to RetailMeNot, Ken was CFO of a number of networking and software companies including Uplogix, Wayport (which was acquired by AT&T) and Netsolve (which he led to a successful IPO and subsequent sale to Cisco).
Boart Longyear Limited (ASX: BLY) announced that Jeffrey Olsen will be joining the Company as its Chief Financial Officer effective April 1, 2014, replacing Jay Clement who was Acting CFO. Jeff has served as Chief Commercial Officer for Rio Tinto’s Iron & Titanium business since 2010. Prior to that time, he was Chief Financial Officer for Rio Tinto’s Borax and Minerals divisions for approximately eight years and held other financial roles at Rio Tinto for another six years earlier in his career. Jeff’s experience also includes financial roles at General Chemical Corporation and Xerox Corporation in the United States.
Emulex Corporation (NYSE: ELX) announced the appointment of Kyle B. Wescoat as Senior Vice President (SVP) and Chief Financial Officer (CFO). In addition, Wescoat has also assumed the role of Emulex Treasurer. Wescoat comes to Emulex with more than 25 years of CFO experience in a variety of well-regarded private and public companies, including Orange County companies VIZIO, VANS, and most recently, Skullcandy.
Spherix Incorporated (SPEX) announced that it has appointed Richard Cohen as its Chief Financial Officer. Mr. Cohen joins Spherix after spending three years with CorMedix Inc., where he served as President, and a member of its board. Mr. Cohen was also a member of the board of directors of Dune Energy Inc. from 2008-2012 and served as a director and Chairman of the Audit Committee of Rodman and Renshaw from 2008 to 2012. Mr. Cohen replaces Michael Pollack who was serving as Interim Chief Financial Officer of Spherix.
Kite Pharma, Inc. announced the appointment of Cynthia M. Butitta to the newly created position of Executive Vice President and Chief Financial Officer. Prior to joining Kite, Ms. Butitta served as Senior Vice President, Chief Financial Officer of NextWave Pharmaceuticals. Previously, she was Chief Financial Officer and Chief Operating Officer of Telik, Inc. Previously, she served as Vice President of Finance and Administration and Chief Financial Officer for Connetics, Inc.
AutoNation, Inc. (NYSE: AN) announced that Cheryl Scully, Vice President and Treasurer of the Company, was appointed interim Chief Financial Officer while the Company conducts a search for a new Chief Financial Officer. Mike Short, the Company’s Chief Financial Officer, left the Company.
Bunge North America, the North American operating arm of Bunge Limited (NYSE: BG) announced that it has promoted George Allard to vice president and chief financial officer. Allard replaces Todd Bastean who was promoted to chief executive officer for Bunge North America effective June 1, 2013. Allard joined Bunge in 2004 as treasurer of Bunge North America. He then served as chief financial officer for the company’s Canadian operations and for Bunge Latin America before returning to Bunge North America where he served as head of North America’s milling operations before moving to his most recent role as vice president and general manager of North America’s oils business.
Capital Insurance Group® (CIG) announced the appointment of Davis “Gray” Tyndall as Vice President and Chief Financial Officer, effective January 1. Tyndall will succeed retiring VP and CFO Bob Erickson. Tyndall joined CIG in 2008 as the Accounting Manager, later attaining the position of Controller and Assistant Treasurer in 2011. Prior to joining CIG, he served as the Controller and Human Resource Manager for Public Risk Underwriters.
Evolution Petroleum Corporation (NYSE MKT: EPM) announced that Vice President, Chief Financial Officer and Treasurer, Sterling McDonald, who will turn 65 in 2014, has informed the Company of his intention to retire pending his replacement. Mr. McDonald has served as CFO and Treasurer since 2003 and was the second employee hired by the Company.
Velti plc announced that Jeff Ross has resigned his position as chief financial officer.
Agree Realty Corporation (NYSE: ADC) announced the appointment of Brian R. Dickman as Chief Financial Officer and Secretary, effective on February 11, 2014. Alan D. Maximiuk, the Company’s current Chief Financial Officer, will remain with the Company as Vice President, Finance & Accounting. Dickman most recently served as a Director in the Real Estate Investment Banking Group at RBC Capital Markets. Mr. Dickman previously held similar positions at Lehman Brothers and Barclays.
Blyth, Inc. (NYSE: BTH) announced that William C. Looney has been named Chief Financial Officer of PartyLite, its direct seller of candles and accessories for the home. Mr. Looney joined PartyLite in 2003 as Vice President, Worldwide Finance and, in September of 2008, was promoted to Senior Vice President, Worldwide Finance. Prior to joining PartyLite, Looney was the U.S. Controller for Serono, Inc. He also held a number of senior finance positions with The Gillette Company from 1990 to 2002.
Marinus Pharmaceuticals, Inc. announced the election of Edward F. Smith to serve as Chief Financial Officer. He was previously Chief Financial Officer of PolyMedix, Inc. and held positions of increasing responsibility at InKine Pharmaceutical, until its acquisition by Salix Pharmaceuticals, and in public accounting, most recently in the audit practice at Deloitte.
Pericom Semiconductor Corporation (NASDAQ: PSEM) announced that it has appointed James B. Boyd to the position of Senior Vice President and Chief Financial Officer. Mr. Boyd spent three years as chief financial officer for Silicon Storage Technology. Prior to that, Mr. Boyd spent seven years as chief financial officer of ESS Technology. Earlier, he was chief financial officer for Gatefield Corporation.
AmeraMex International, Inc. (PINK: AMMX) named Kevin Atkin as its chief financial officer and a member of its board of directors. Mr. Atkin has been working with AmeraMex International as a financial consultant since September 2013. Before joining AmeraMex International, Atkin was the president of Strategic Partners Global Solutions, LLC. He began his career in 1986 with Bank of America. Prior to Strategic Partners Global Solutions, he held the positions of financial director, CFO and general manager, COO and treasurer and director of finance and operations for a number of companies with locations on the West Coast.
Telx® announced that John Abbot has joined the company as Chief Financial Officer. Abbot joins Telx from Insight Communications, where he served as Executive Vice President and CFO. After working with Insight on its IPO as a banker, he joined the company as CFO in 2004. Prior to Insight, John worked for 12 years as an investment banker at Morgan Stanley and Goldman Sachs.
New Relic announced that Sarah Friar, Chief Financial Officer and Operations Lead at Square, has joined the software analytics company’s Board of Directors. Friar also held held roles at salesforce.com, Goldman Sachs and McKinsey & Company.
Planet Payment, Inc. (NASDAQ: PLPM) announced that the Company has appointed Robert J. Cox as Chief Operating Officer of the Company. Mr. Cox will also continue in his role as Chief Financial Officer. Mr. Cox has served as Senior Vice President, Chief Financial Officer and Treasurer since November 2009 and will continue to serve in such roles following his appointment as Chief Operating Officer. From June 2009 to November 2009, Mr. Cox served as the Chief Financial Officer of Harris Interactive, Inc. From 2001 to May 2009, Mr. Cox served as the Chief Financial Officer of DealerTrack Holdings, Inc. He began his career as a Certified Public Accountant in the audit practice at KPMG LLP.
Reterro, Inc. announced that Martin Gardner has joined the Company’s executive leadership team as its Chief Financial Officer. Mr. Gardner most recently served as Corporate Controller for Erickson Air-Crane Incorporated. Prior to his tenure at Erickson, Mr. Gardner served as Vice President of Finance for McCormick and Schmick’s Management Group. He also held senior financial management positions in the semiconductor industry with Lexar, Inc., and Mattson Technology, Inc.
Town Sports International Holdings, Inc. (NASDAQ: CLUB) announced the promotion of Daniel Gallagher from Chief Financial Officer to President and Chief Operating Officer. Mr. Gallagher will continue to serve as Chief Financial Officer until the Company appoints a successor. Mr. Gallagher joined the Company in 1999 and has served as Chief Financial Officer of the Company since March 2008.
EmployBridge announced the appointment of Shawn Poole to the role of President and Chief Financial Officer. Mr. Poole joined Career Blazers, the predecessor of EmployBridge, in July 1999 and served as Executive Vice President, Chief Financial and Accounting Officer and Secretary. Prior to joining Career Blazers, Poole was the Managing Director and Chief Financial Officer of Randstad North America. Additionally, he has held positions as Executive Vice President, Chief Financial Officer, Secretary and Treasurer of American Studios Inc. and Senior Vice President and Chief Financial Officer of Carolina Freight Corporation.
Littelfuse, Inc. (NASDAQ: LFUS) announced that Philip G. Franklin has been promoted to Senior Vice President and Chief Financial Officer.
Torrington Savings Bank announced that Lesa A. Vanotti, previously Vice President and Controller of the Bank, has taken over the role of Senior Vice President and Chief Financial Officer. Ms. Vanotti has worked at Torrington Savings Bank since 1996 when she joined the bank as an Accounting Assistant. She has held various roles since then, including her most recent post as Vice President and Controller.
Amgen (NASDAQ: AMGN) announced that Jonathan M. Peacock, executive vice president and chief financial officer, is leaving Amgen to pursue broader career opportunities. Peacock is expected to remain employed with the company until May to assist with the transition. Michael A. Kelly, an 11-year Amgen veteran, has been named acting CFO. Since joining Amgen in 2003, he has served in a number of executive finance assignments, including five years as chief accounting officer and more recently as CFO for international commercial operations. Prior to joining Amgen, Kelly had finance roles at Tanox, Biogen and Monsanto Life Sciences.
JBT Corporation (NYSE: JBT) announced that Brian A. Deck will join the Company as Vice President and Chief Financial Officer effective February 3, 2014. Ron Mambu, the Company’s current Vice President and Chief Financial Officer, had earlier announced his intent to retire and will remain with the Company through March to ensure a smooth transition. Deck will join JBT upon departing as Chief Financial Officer of National Material L.P. Prior to National Material, Brian was Vice President of Finance and Treasurer at Ryerson Inc. Prior to his service with Ryerson, Brian had increasing responsibilities with GE Capital, Bank One (now JPMorgan Chase & Co.), and Cole Taylor Bank.
Infinity Augmented Reality, Inc. (OTC: ALSO) announced that it has hired Ortal Zanzuri as its new CFO. Ms. Zanzuri comes from her most recent position as Corporate Controller for Pointer Telocation Ltd. In addition to her role at Pointer Telocation, Ms. Zanzuri served as controller at Retalix Ltd (RTLX). She also served as a Senior Accountant at Ernst & Young, and honed her craft as a trainee at Deloitte Brightman Almagor. Prior to entering into the world of finance, Ms. Zanzuri served four years with the Israeli Air Force. Ms. Zanzuri is replacing former CFO, Josh Yifat.
Algeco/Scotsman Holding S.à r.l. announced that Stephen Bishop will be appointed Executive Vice President and Chief Financial Officer of Algeco Scotsman effective as of January 15, 2014. It is anticipated that he will also be elected to Algeco Scotsman’s Board of Managers soon after such date. Mr. Bishop will succeed Thomas Kloster who will resign as Chief Financial Officer and from the Board of Managers effective as of January 15, 2014, to pursue other opportunities. Mr. Bishop was most recently CFO and COO of SeaCube Container Leasing Ltd. Prior to joining SeaCube, Mr. Bishop was CFO and EVP of Greatwide Logistics Services from 2007 to 2009, GeoLogistics Corp. from 2004 to 2007 and NetJets, Inc. from 1998 to 2004.
International Commercial Television, Inc. (OTC: ICTL) announced that our Board of Directors has appointed Ryan LeBon as Chief Financial Officer of the Company. LeBon joined the Company in June of 2013 as the Company’s Director of Financial Reporting. Prior to joining the Company, Mr. LeBon had over nine years of experience with Deloitte & Touche LLP, as an Audit Manager primarily serving SEC registrants, and as a Controller with General Electric. Richard Ransom, the previous Chief Financial Officer, continues as President of the Company.
The Hignell Companies has named Mike Rossman as the new Chief Financial Officer. Mike Rossman has been serving as the Director of Project and Investor Development for the past 18 months. After 9 years of service at The Hignell Companies, current CFO Vito Mule’ will be leaving the company for another opportunity.
Fred’s Inc. (NASDAQ: FRED) announced that it is promoting Jerry Shore to the position of Chief Operating Officer. Shore also will continue his responsibilities as Chief Financial Officer.
Global Geophysical Services, Inc. (NYSE: GGS) announced the appointments of Mathew Verghese to the position of Executive Vice President and Chief Operating Officer and Sean Gore to the position of Senior Vice President and Chief Financial Officer. Mr. Verghese has served as the Company’s Senior Vice President and Chief Financial Officer since he joined Global in March 2009. Succeeding Mr. Verghese in the role of Senior Vice President and Chief Financial Officer is Sean Gore who most recently served as the Company’s Vice President, Corporate Development and Treasurer. Mr. Gore joined Global in October 2012. Before joining Global, Mr. Gore served as Chief Financial Officer for Aperio Energy Partners, LLC. During the period from 2005 through 2010, Mr. Gore was Vice President, Strategy and Development for U.S. Concrete. From 1995 through 2004, Mr. Gore served in various financial and operational capacities with Petroleum Geo-Services ASA, where in his last role he served as the Vice President Corporate Controller & Business Development.