CFO Moves – week ending May 24, 2013

CFO Moves this week include:

Tellabs The Fresh Market, Inc. Silicon Labs
Huntington Bancshares Incorporated KeyCorp Advanced Cell Technology, Inc.
Affymetrix, Inc. Danlaw, Inc. Host Hotels & Resorts, Inc.
Flexion Therapeutics, Inc. Hampshire Group, Limited AudienceScience
Westcon Group Gentex Corporation Strata-X Energy Ltd.
Pinnacle Entertainment 2nd Watch, Inc. Atmel® Corporation
Colorescience Santeon Group Inc. Halozyme Therapeutics, Inc.
Giga-tronics Incorporated Adena Health System Parkridge East Hospital
SaLaurMor Capital LP Altorfer Inc. FCi Federal
County of Orange, California

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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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Tellabs (NASDAQ: TLAB) announced that Andrew B. Szafran, executive vice president and chief financial officer, has resigned from Tellabs for personal reasons. Tom Minichiello, Tellabs vice president, finance and chief accounting officer, will serve as acting CFO.

The Fresh Market, Inc. (NASDAQ: TFM) announced the appointment of Jeffrey Ackerman as its Executive Vice President and Chief Financial Officer effective June 3. Mr. Ackerman most recently served as Executive Vice President and Chief Financial Officer at Sealy Corporation. Prior to Sealy, Mr. Ackerman was Vice President, Finance with Dade Behring, Inc. and held a variety of finance roles at the Frito-Lay branded snack division of PepsiCo Inc.

Silicon Labs (NASDAQ: SLAB) announced that the company’s interim CFO and board member, Bill Bock, will be returning to the management team on a permanent basis as president. John Hollister, the company’s vice president of business development, will be promoted to senior vice president and CFO, replacing Mr. Bock in that role. The changes will be effective June 30. Mr. Bock joined Silicon Labs’ board of directors in 2000 and was appointed CFO in 2006. He retired from Silicon Labs’ management team in 2011, returning as interim CFO in early 2013. Before joining Silicon Labs, he was president and chief executive officer of DAZEL Corporation. Prior to DAZEL, Mr. Bock served as executive vice president and chief operating officer of Tivoli Systems and CFO and senior vice president of sales of Convex Computer Corporation. He also spent nine years in various finance roles at Texas Instruments including vice president and controller of TI’s data systems group. Mr. Hollister joined Silicon Labs in 2004 and rose rapidly through the finance organization to become director of finance, worldwide operations in 2005. In 2007, Mr. Hollister became managing director of the Asia operations team and was ultimately promoted to vice president of manufacturing and Asia operations where he served until 2012 when he relocated back to the US and became vice president of business development. Mr. Hollister’s experience includes vice president of finance at Cicada Semiconductor, and various finance positions at Cirrus Logic, Veritas DGC, 3-D Geophysical and PricewaterhouseCoopers LLP.

Huntington Bancshares Incorporated (NASDAQ: HBAN) announced that Dave Anderson was named interim chief financial officer (CFO). Anderson, currently controller, has served with the bank since 2009 and has over 30 years of experience in senior level financial leadership positions, including 14 years as the corporate controller of Citizens Financial Group. Don Kimble, CFO since 2004, is leaving to join a financial institution with a national footprint.

KeyCorp (NYSE: KEY) announced that Donald R. Kimble will join the company as its Chief Financial Officer effective June 3, 2013. During his nine year career at Huntington Bancshares Incorporated, Mr. Kimble served as Chief Financial Officer. Prior to joining Huntington, Mr. Kimble was the executive vice president of finance and controller for AmSouth Bancorporation. Prior to that, Mr. Kimble was with Bank One for 13 years, serving in various accounting and subsidiary chief financial officer positions.

Advanced Cell Technology, Inc. (OTC: ACTC) announced the appointment of Edward “Ted” Myles as Chief Financial Officer and Executive Vice President of Corporate Development. Mr. Myles comes to ACT from PrimeraDx where he served as Chief Financial Officer and Vice President of Operations. Prior to joining PrimeraDx, Mr. Myles was the Chief Financial Officer and Senior Vice President of Pressure BioSciences. Earlier in his career, Mr. Myles held financial positions with EMD Pharmaceuticals (a subsidiary of Merck KGaA), SG Cowen Securities Corporation, Boston Biomedica and PriceWaterhouseCoopers.

Affymetrix, Inc. (NASDAQ: AFFX) announced it has appointed Gavin Wood to the position of Executive Vice President and Chief Financial Officer. Mr. Wood joined Affymetrix in 2006 and served most recently as VP Finance, International Controller based in the United Kingdom. Tim Barabe, the current CFO, is expected to retire from Affymetrix effective June 28, 2013.

Danlaw, Inc. announced the appointment of Jim Street as its new Chief Financial Officer (CFO).  Before joining the company, Street was the VP of Finance for ALTe.  Street served in senior financial management positions with Ford Motor Company, Mazda Motors (USA) and BBK, Inc.

Host Hotels & Resorts, Inc. (NYSE: HST) announced that Gregory J. Larson , its current executive vice president, corporate strategy, has become the chief financial officer of the Company.  Mr. Larson, who has been with the Company since 1993, has overseen corporate strategy since 2007, assumed leadership of dispositions in 2011 and has led the investor relations department since 2000.  Previously, he served as senior vice president responsible for treasury and corporate finance.  Larry K. Harvey , who re-joined the Company in February 2003 and has acted as chief financial officer since 2007, will remain with the Company until the third quarter.  He will continue to serve as an executive vice president reporting  to our chief executive officer, W. Edward Walter and assist in the transition of the duties to the new chief financial officer.

Flexion Therapeutics, Inc. announced the addition of Frederick W. Driscoll to its management team as chief financial officer. Prior to joining Flexion, Mr. Driscoll was chief financial officer for Novavax (NASDAQ: NVAX). Prior to Novavax, Mr. Driscoll served as chief financial officer and subsequently chief executive officer of publicly-traded Genelabs, chief financial officer of private company Astraris and chief executive officer of OXiGENE.

Hampshire Group, Limited (OTC: HAMP) announced the appointment of Trey Darwin as Chief Financial Officer. Prior to joining the Company, he served as the Director and Vice President of Finance at Haggar Clothing Company.

AudienceScience announced that Robert Chamberlain has been named Chief Financial Officer. He most recently served as Chief Financial Officer of PopCap Games, Inc., from August 2009 through September 2011. He has served as the CFO of various technology companies including F5 Networks, Onyx Software Corporation, and WatchGuard Corporation.

Westcon Group announced Chief Financial Officer John O’Malley will leave the Company to pursue other business opportunities. O’Malley served as Chief Financial Officer since 1999 and was given the additional title of Executive Vice President in 2006. Westcon also announced that John DiRico will act as interim Chief Financial Officer.

Gentex Corporation (NASDAQ: GNTX) reported that Steve Dykman, the Company’s Chief Financial Officer and Vice President – Finance, departed from those roles with the Company effective as of May 17, 2013. The company named Steve Downing, previously the Company’s Vice President-Commercial Management, to succeed Mr. Dykman as the Company’s Chief Financial Officer and Vice President-Finance.

Strata-X Energy Ltd. (TSX-V: SXE) announced the appointment of David L. Hettich as Chief Financial Officer (“CFO”) of the Company. Prior to joining Strata-X as CFO, David Hettich provided consulting services to the Company in a variety of positions including Controller and Land Manager. The appointment of Mr. Hettich as CFO of the Company and the resignation of the Company’s prior CFO, Timothy Bradley, is part of a planned transition by Strata-X’s Board of Directors. The resignation of Mr. Bradley as CFO was accepted by Strata-X’s Board of Directors as of the date of this press release. Mr. Bradley will remain on the Board as a non-executive Director.

Pinnacle Entertainment (NYSE: PNK) announced that Carlos Ruisanchez has been promoted to President & Chief Financial Officer. Ruisanchez previously held the position of Executive Vice President & Chief Financial Officer. Ruisanchez has been with the Company since August 2008.Brett Turner

2nd Watch, Inc. announced the appointment of Brett Turner as the company’s chief financial officer. Most recently Turner was co-founder, chief operating officer and chief financial officer of Demand Energy. Prior to Demand Energy, Turner served as vice president of finance at World Wide Packets (WWP). Turner has also served at Amazon.com, Teledesic, and theglobe.com.

Atmel Corporation (NASDAQ: ATML) announced that Steve Skaggs has been appointed as the company’s permanent Senior Vice President & Chief Financial Officer. Mr. Skaggs had been serving as interim Chief Financial Officer since April 2, 2013. Mr. Skaggs joined Atmel in 2010. He worked previously at Lattice Semiconductor, where he served as President and CEO and also as CFO. Prior to Lattice, Mr. Skaggs was employed by Bain & Company.

Colorescience announced the appointment of Steve P. Loomis as Chief Financial Officer.  Peter worked at SkinMedica as CFO. Prior to joining SkinMedica, Mr. Loomis was CFO and Vice President of Operations at CardioDynamics International Corporation for fourteen years. Previously, he was the Director of Financial reporting at Kinko’s World Headquarters, a worldwide business service provider. Prior to that, he was Vice President, CFO and Treasurer of Terminal Data Corporation.

Santeon Group Inc. (OTC: SANT) announced the appointment of Mark Guirgis to the position of Executive Vice President and Chief Financial Officer. Mr. Guirgis had been serving as acting Chief Financial Officer since September 2011. Prior to joining Santeon, Mr. Guirgis served as Vice President, Planning & Analysis and Corporate Treasurer at Primus Telecommunications from 1998 to 2011.

Halozyme Therapeutics, Inc. (NASDAQ: HALO) announced the appointment of David A. Ramsay as Chief Financial Officer.  Mr. Ramsay was most recently Vice President, Corporate Development at Halozyme. Mr. Ramsay joined Halozyme in 2003 as Chief Financial Officer before serving as Vice President, Corporate Development. Prior to Halozyme, he served in various financial roles including Vice President, Chief Financial Officer of Lathian Systems.  Prior to Lathian, Mr. Ramsay was Vice President, Treasurer of ICN Pharmaceuticals, now called Valeant Pharmaceuticals International.  Mr. Ramsay joined Valeant from ARCO, where he spent four years in various financial roles, most recently serving as Manager, Financial Planning & Analysis for the company’s Retail Marketing division.

Giga-tronics Incorporated (NASDAQ: GIGA) reported that Steve Lance has joined Giga-tronics Incorporated as the Vice President of Finance and was appointed Chief Financial Officer. He was previously the Vice President of Finance at Taulia and before that was the Vice President of Finance and Administration at Sugar CRM. Prior to 2005, Mr. Lance held financial management positions at Sum-Total Systems, ADAC Laboratories Inc., Phoenix Technologies and KLA-Tencor. Mr. Lance will replace Frank Romejko, who will be leaving the Company due to a scheduled retirement at the end of June 2013.

Adena Health System announced that Kevin M. Murphy has joined the company as its Chief Financial Officer (CFO). Murphy most recently served as Senior Vice President & CFO for Hurley Medical Center. Murphy also served as Vice President of Finance/CFO for the Middletown Regional Health System. Amy Wheeler

Parkridge East Hospital announced that Amy Wheeler is joining the administrative team as Chief Financial Officer (CFO). Wheeler comes to the Parkridge system on June 3 from a position as Controller of HCA’s TriStar Centennial Medical Center in Nashville. Wheeler began her career with HCA after graduating from Trevecca Nazarene University in Nashville. She has been with the company for the past nine years, serving as Senior Internal Auditor at HCA’s corporate office before assuming the role of Assistant Controller at TriStar Centennial.  She has served as Controller of TriStar Centennial since 2009.

SaLaurMor Capital LP announced that Anat Leon has joined the firm as its Chief Financial Officer. Anat comes to SaLaurMor from ISP Financial Trading. Prior to ISP, Anat was Chief Financial Officer at The Dragon Variation Fund, LP. Anat has also worked at Sage Capital Growth, Inc.

Altorfer Inc. announced that Corey Nuehring has been elected to the position of vice president of financial services and chief financial officer (CFO). Nuehring previously served as Altorfer Inc.’s corporate controller for 11 years. Bill Milligan

FCi Federal announced it has added Bill Milligan as Vice President of Business Operations and Chief Financial Officer.  Mr. Milligan was Vice President and CFO for 10 years at High Performance Technologies (HPTi).  Before that, Mr. Milligan was Vice President and CFO of MRJ Technology Solutions.

County of Orange, California announced the selection of Frank Kim to serve as the County’s Chief Financial Officer (CFO). Kim, who has been the County’s Budget Director for more than five years, will succeed Bob Franz as CFO. Since joining the County in 1995, Kim has served in a number of capacities with agencies including the County Executive Office, Auditor-Controller Department, OC Waste & Recycling and the Probation Department.