CFO Moves this week include:
|ClearSign Combustion Corporation||The Cheesecake Factory Incorporated||Saba|
|PATTERSON-UTI ENERGY, INC.||Roll-Kraft||Inseego Corp.|
|AXIS Capital Holdings Limited||Mohr Partners, Inc.||Analytic Partners|
|Alnylam Pharmaceuticals, Inc.||Violin Memory®, Inc.||Ygrene Energy Fund|
|Silicon Valley Bank||SelectHealth||Agility Health, Inc.|
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ClearSign Combustion Corporation [SEATTLE] (NASDAQ: CLIR announced today that James N. Harmon, its Chief Financial Officer, Treasurer, and Secretary, submitted his resignation which is effective on May 11, 2017. Brian G. Fike, ClearSign’s Controller, will assume Mr. Harmon’s duties until a permanent successor is appointed. Mr. Fike joined the Company in January 2016 after a 15 year career at Darigold, Inc., where he transitioned from Plant Controller to Accounting and Finance Manager to Strategy Manager and to Regional Controller. Prior to his career at Darigold, Mr. Fike held similar positions in the specialty foods and industrial automation industries and served eight years in the U.S. Naval Reserve.
The Cheesecake Factory Incorporated [CALABASAS HILLS, Calif.] (NASDAQ: CAKE) announced that Executive Vice President and Chief Financial Officer W. Douglas Benn will retire from the Company on July 7, 2017. He will be succeeded by Matthew Clark, who most recently served as Senior Vice President, Finance and Strategy. Earlier in his career, he held a number of finance positions of increasing responsibility at Groupe Danone, Kinko’s and The Walt Disney Company.
Saba [REDWOOD SHORES, Calif. and OTTAWA, Ontario] announced the expansion of its executive team to include key leaders of Halogen Software. Pete Low, former Chief Financial Officer at Halogen, has been named Saba’s CFO. Prior to Halogen, Pete was a Managing Partner at Axis Capital Corporation. He was actively involved in the strategic direction of many of the firm’s portfolio companies, serving as either Chief Financial Officer or a Director for many of them. Prior to founding Axis, Pete was a Senior Tax Manager at Deloitte LLP.
PATTERSON-UTI ENERGY, INC. [HOUSTON] (NASDAQ: PTEN) announced that John E. Vollmer III, Executive Vice President – Corporate Development, Chief Financial Officer and Treasurer, has notified the Company of his decision to retire after nearly 20 years of distinguished service.
Roll-Kraft [MENTOR, OH] announced the appointment of Frank Mercuri as Chief Financial Officer. Mercuri comes to Roll-Kraft with 20 years of experience in various accounting and finance positions, including Chief Financial Officer and Controller for Ericson Manufacturing, Vocon Design, and Brulant, Inc. Richard Lazar, former Chief Financial Officer, has moved into the position of Director of Finance – Special Projects. He has been with Roll-Kraft for 35 years.
Inseego Corp. [SAN DIEGO] (NASDAQ: INSG) announced that Michael Newman, Chief Financial Officer, has decided to resign from his position effective May 15, 2017 for family and personal reasons. He will serve in an advisory role to assist in the conclusion of the Company’s sale of its MiFi business and the transition to a new permanent CFO. Mr. Newman will be replaced by Interim CFO Tom Allen. Mr. Allen previously served as Interim CFO for Inseego’s predecessor company, Novatel Wireless, from June 2014 to September 2014, when Mr. Allen transitioned the CFO role to Mr. Newman.
AXIS Capital Holdings Limited [PEMBROKE, Bermuda & NEW YORK] (NYSE: AXS) announced that Chief Financial Officer Joseph Henry will retire at the conclusion of 2017, following an accomplished career that included the past five years as CFO at AXIS. The Company announced that current AXIS Insurance Chief Operating Officer Peter Vogt will become CFO, effective January 1, 2018. Mr. Vogt will be appointed Deputy CFO in July with the transition process to occur through the end of the year. Mr. Vogt has been a senior leader within the AXIS organization since 2010. In addition to his role as AXIS Insurance COO since 2013, Mr. Vogt had previously served for more than two years as CFO and COO of AXIS’ Accident & Health business unit. Mr. Vogt joined AXIS from Penn Mutual Life Insurance Company where he served as Chief Financial Officer. Prior to Penn Mutual, he served as Chief Financial Officer of CIGNA’s Group Insurance business. He started his career at Hartford Life Insurance Company where, over nearly 14 years, he held a series of actuarial roles and eventually led sales, marketing and product development for its corporate retirement business.
Mohr Partners, Inc. (MPI) [DALLAS, TEXAS] hired Eric A. Karl to serve as Chief Financial Officer (CFO). He has more than 30 years of experience leading finance organizations, ten years with General Electric and 15 years as CFO or board member of private and public companies. Most recently he was CFO of 1A Smart Start.
Analytic Partners [NEW YORK] announced the addition of Marcia Awobuluyi as Chief Financial Officer. Awobuluyi was most recently on the leadership team at Tower Legal, where she has served the last eight years as their EVP, Chief Operating Officer. Marcia has also held senior leadership roles at Laurus Capital Management, 24 Seven and Immersant.
Avizia [RESTON, Va.] announced the appointment of Joseph M. Quinn as its chief financial officer. Quinn comes to Avizia with two decades of experience as a CFO and vice president of finance for several high-profile companies, including 14 years at AOL. Quinn comes to Avizia from comScore Inc.
GenomeDx Biosciences [SAN DIEGO] announced the appointment of Michael Rodriguez as the company’s chief financial officer. Prior to joining GenomeDx, Mr. Rodriguez served as an advisor and chief financial officer of Crossover Health. Before Crossover Health, he was chief financial officer at Epic Sciences, Inc. Earlier, Mr. Rodriguez served as chief operating officer of Clarient Diagnostic Services, a GE Healthcare molecular diagnostics and laboratory services company. Prior to Clarient, Mr. Rodriguez served in a variety of financial leadership roles in public and private companies spanning medical devices, healthcare information technology and business services.
InCrowd [BOSTON] named Rob Lubash as its new chief financial officer (CFO). Previously, Lubash was CFO at Provant, in addition to Mobiquity and OutStart. Lubash has also served as a controller at ServiceSoft and Infinium.
Alnylam Pharmaceuticals, Inc. [CAMBRIDGE, Mass.] (NASDAQ: ALNY) announced the appointment of Manmeet S. Soni, as Chief Financial Officer. Manmeet is the former Chief Financial Officer and Treasurer of ARIAD Pharmaceuticals, Inc. Before joining ARIAD Pharmaceuticals, Inc., Manmeet worked at Pharmacyclics, Inc., where he served most recently as Chief Financial Officer and Treasurer. Mr. Soni also played a vital role in the acquisition of Pharmacyclics, Inc. by Abbvie, Inc. for $21 billion. Previously, Mr. Soni worked at ZELTIQ Aesthetics Inc., and PricewaterhouseCoopers San Jose, in the Life Science and Venture Capital Group. Prior to that, he worked at PricewaterhouseCoopers, India. Mr. Soni is currently a board member and audit committee chair at Genoscience Pharma.
Violin Memory®, Inc. [SANTA CLARA, Calif.] announced that James P. Curley has been appointed chief financial officer, effective April 24, 2017. Prior to joining Violin®, Jim was chief financial officer of and led LeapFrog Enterprises, Inc., Gymboree Corporation, and Huffman Koos, Inc. through the companies’ initial public offerings. He was also CEO of Nano-Tex, Inc., and led the company’s financial turnaround, additional capital raising and eventual sale to Crypton, Inc. Jim served for four years as a captain in the United States Air Force at the Pentagon in Washington D.C.
Ygrene Energy Fund [PETALUMA, Calif.] announced that Tim Condon has joined the company’s leadership team as Chief Financial Officer. Most recently, he was the co-founder and CFO of Pacific Point Services and prior to that he founded LEAP Financial. Condon began his career as CPA at Price Waterhouse Coopers and later held a variety of financial management roles at Bally Corporation and Marriott Corporation.
Silicon Valley Bank [SANTA CLARA, Calif.] announced that Michael Descheneaux, SVB Financial Group’s (NASDAQ: SIVB) Chief Financial Officer, has been promoted to president of Silicon Valley Bank and Daniel Beck, former CFO of Bank of the West, will become SVB Financial Group’s CFO, effective June 5, 2017. As CFO, Descheneaux has been responsible for all finance, treasury and accounting functions for the company since 2007. In addition, he oversaw the company’s $3 billion investment arm, SVB Capital, served on the Board of Directors for the company’s joint venture bank in China. Beck joins SVB Financial Group from Bancwest Corp. where he was CFO and Treasurer and a member of the executive management committee. Previously, he was CFO of Bank of the West and the bank’s controller. Prior to joining Bancwest, Beck held financial positions at Wells Fargo and Freddie Mac and worked at Deloitte & Touche and E*Trade Financial Corporation earlier in his career.
SelectHealth [MURRAY, UT] announced that Thomas Risse has been named Vice President and Chief Financial Officer. Since 2009, he has been serving as the Chief Financial Officer for the Hawaii region of Kaiser Permanente. From 2003 to 2009, Thomas worked for Providence Health & Services in Olympia, Washington, where he served as Chief Financial Officer of the Southwest Washington region. Prior to that, he held finance roles with several organizations in California, including Children’s Hospital of Orange County, Health Net, and Daniel Freeman Hospitals.
Agility Health, Inc. [GRAND RAPIDS, MICHIGAN] (TSX-V: AHI) announced the appointment of Patrick J. Reid as Chief Financial Officer of the Company. Reid will succeed Gene Miyamoto, who has been serving as interim CFO since July 2016. Reid comes to Agility Health with more than 20 years of finance experience having held CFO positions at several organizations. Reid was most recently Vice President, Physician Services at Mary Free Bed Rehabilitation Hospital. Prior to that, Reid was Chief Executive Officer/Chief Financial Officer at Orthopaedic Associates of Michigan, P.C.