CFO Moves this week include:
|Motorola Solutions, Inc.||ProQuest||Revelry Brands|
|Uroplasty, Inc.||Valmont Industries, Inc.||Bonanza Creek Energy, Inc.|
|Unifi, Inc.||Dendreon Corporation||First Financial Northwest, Inc.|
|PURE Bioscience||Golden State Warriors||Cambridge International, Inc.|
|Health Insurance Innovations, Inc.||Fraternity Community Bancorp, Inc.||Roofing Supply Group, LLC|
|Electric Cloud||Pinnacle Engines||LIG Assets, Inc.|
|Adherex Technologies Inc.||United Stationers Inc.||United States Steel Corporation|
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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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Motorola Solutions, Inc. (NYSE: MSI) announced that Gino A. Bonanotte has been named acting chief financial officer. Bonanotte will replace Ed Fitzpatrick, who will be leaving the company. Bonanotte, previously corporate vice president overseeing financial operations for the company’s sales and product operations organization, joined Motorola in 1988 and has held a number of key global financial leadership positions in his 25 years with the company, He served on the board of directors for Vertex and other joint ventures in Latin America.
ProQuest promoted Jonathan Collins to Chief Financial Officer. Mr. Collins has been interim CFO since May. Mr. Collins joined ProQuest in 2010 as Vice President of Global Financial Operations. Prior to joining ProQuest, he was the Executive Director of Financial Operations for the North American and Asian businesses at International Automotive Components (IAC). Prior to that role, Mr. Collins spent five years with Lear in various financial roles in offices throughout the world. Before joining Lear, Jonathan was a financial analyst with Accenture.
Revelry Brands announced today that it has named Seth Beers as Chief Financial Officer. Prior to joining Revelry, Beers was CFO and COO at PACT Apparel. Previously, he was an investment banker in the consumer products sector at Banc of America Securities and Green, Manning and Bunch. Beers is an active angel investor for early-stage consumer businesses.
Uroplasty, Inc. (NASDAQ: UPI) announced the appointment of Brett A. Reynolds as Senior Vice President and Chief Financial Officer. He joins Uroplasty following 10 years in senior positions, including Chief Financial Officer, with Synovis Life Technologies. Prior to Synovis, Mr. Reynolds served in executive financial positions at Chiquita Processed Foods, Arthur Andersen and Deloitte & Touche.
Valmont Industries, Inc. (NYSE: VMI) reported that Richard P. Heyse, the Company’s Executive Vice President, Chief Financial Officer and Treasurer has left the Company for personal reasons. Terry J. McClain, who previously served as Senior Vice President, Chief Financial Officer and Treasurer, has been named as Interim CFO and will assume the responsibilities of principal financial officer until a permanent CFO has been selected.
Bonanza Creek Energy, Inc. (NYSE: BCEI) announced that William J. Cassidy has been hired to serve as the Company’s Executive Vice President and Chief Financial Officer. Most recently, Mr. Cassidy served as the Global Head of Corporate Finance and Treasury for Puma Energy. From 2009-2013, Mr. Cassidy was a Principal at RPA Capital, LLC. He has served as a director of Oasis Petroleum since 2010 and as a director of GasValpo, SA, from 2008 until 2012. From 2008 to 2009, Mr. Cassidy worked as Chief Financial Officer of USDCM, LLC. From 1995 until 2008, Mr. Cassidy served in a variety of investment banking roles, including Head of Exploration and Production Investment Banking at Barclays Capital, Principal of the Energy and Power Investment Banking division at Banc of America Securities and Vice President at JPMorgan Chase.
Unifi, Inc. (NYSE: UFI) announced that Ronald L. Smith resigned as the Vice President and Chief Financial Officer of the company to pursue other opportunities. The company appointed James M. Otterberg, the Registrant’s Chief Accounting Officer, as interim Chief Financial Officer. Mr. Otterberg will continue in his role as the Registrant’s principal accounting officer, a role he has held since October 26, 2011.
Dendreon Corporation (NASDAQ: DNDN) announced that Gregory T. Schiffman, Executive Vice President, Chief Financial Officer and Treasurer, plans on leaving the company effective December 31, 2013. Gregory R. Cox, currently Vice President, Finance, assumes the role of Interim Chief Financial Officer of the Company. As Interim Chief Financial Officer, Mr. Cox will be the Company’s principal financial officer as well as its principal accounting officer, the role he currently assumes. Mr. Cox joined the Company in November, 2005 and has served as the Company’s Vice President, Finance for the past five years. On February 7, 2006, Mr. Cox was designated the principal accounting officer of the Company. Prior to joining the Company, from 1999 to September, 2005, Mr. Cox was the Vice President and Treasurer of Corixa Corporation, and from 1995 to 1999 was Corixa’s Controller.
First Financial Northwest, Inc. (NASDAQ: FFNW) announced that Richard P. Jacobson had been appointed as Chief Financial Officer of the Company and its financial institution subsidiary, First Savings Bank Northwest. In July 2013, Mr. Jacobson was appointed Chief Administrative Officer of the Company and Chief Operating Officer of the Bank. Mr. Jacobson’s expanded role is in response to the departure of Kari A. Stenslie, Vice President and Chief Financial Officer of the Company and the Bank since February 2008. Ms. Stenslie has decided to leave the Company and the Bank effective September 15, 2013, to pursue other interests.
The Golden State Warriors named Jennifer Cabalquinto as the team’s Chief Financial Officer (CFO). Marty Glick, the Warriors’ current CFO, will remain with the organization as a Special Advisor to Ownership. Most recently, Cabalquinto served as Vice President and Chief Financial Officer for Universal Studios Hollywood since 2007. Cabalquinto joined NBC Universal as part of the Telemundo acquisition. At the time of the acquisition, she served as Vice President and Chief Financial Officer for the Telemundo Station Group in Miami, Florida. Before joining Telemundo, Jennifer worked for Ernst and Young, Royal Caribbean Cruise Lines and Future Tech International in auditing, financial planning and reporting and controllership roles.
Cambridge International, Inc. announced the appointment of John Belza as Chief Financial Officer of the company. Belza’s most recently was Chief Financial Officer of Carat Security Group. Prior to Carat Security Group, he had been serving as the Executive Director of Finance, Global Operations and Product Development of Hill-Rom Company. From 2003 to 2005, he served as the Vice President, Corporate Procurement of Fifth Third Bancorp. Prior thereto at General Electric Company, from 1997 to 2002, he served in a number of positions including as Executive Brand Manager, Financial Planning and Analysis, GE Aircraft Engines.
Health Insurance Innovations, Inc. (NASDAQ: HIIQ) announced the appointment of Paul Gabos to its Board of Directors. Mr. Gabos was most recently Chief Financial Officer of Lincare Holdings Inc. until the company’s acquisition in August 2012 by Linde Group AG. Mr. Gabos replaces Garry Raeckers on the Board who remains in the position of Chief Operating Officer. Since 2002, Mr. Gabos has served as a member of the Board of Directors of MEDNAX, Inc. (NYSE:MD), where he serves as Audit Committee Chairman and a member of the Executive Committee of the Board. He is also a member of the Board of Directors of privately-held Life Line Screening Holdings, LLC. Prior to Lincare, Mr. Gabos was a merger and acquisition specialist with Dean Witter Reynolds Inc. and also worked for Coopers & Lybrand.
Fraternity Community Bancorp, Inc. (OTC: FRTR) announced the promotion of Michelle Miller to Chief Financial Officer. Mrs. Miller has been with the Company for ten years and five months, and previously held the title of Controller.
Roofing Supply Group, LLC announced the appointment of Shaun Mara as the company’s new Chief Financial Officer. Mr. Mara joins from Dean Foods, where he was CFO. He was also formerly with Wm. Wrigley Jr. Company and The Gillette Company where he held various positions in the US and Western Europe including Senior VP of Finance, Corporate Controller and Chief Accounting Officer.
Electric Cloud announced that Steven Vattuone has joined the company as Chief Financial Officer. Vattuone joins Electric Cloud from Grass Valley USA, LLC, where he served as the interim Chief Financial Officer and Vice President of Finance. Prior to that, Vattuone was the Chief Financial Officer at Composite Software, a leader in data virtualization solutions. He also held previous positions as Vice President, Finance and Corporate Controller at Micromuse, Corporate Controller at Rovi Corporation (formerly Macrovision), Vice President of Finance at Organic, Inc., and Corporate Controller at Brio Software.
Pinnacle Engines named Jonathan Michael as its first Chief Financial Officer (CFO). He joins Pinnacle Engines from Solexel where he served as CFO. Prior to Solexel, Jonathan was CFO at mobile phone innovator Sonim Technologies. Previously he held CFO positions at Solyndra, Tak Imaging, and IXI Mobile. He got his start in operations and finance positions at Fairchild Semiconductors and National Semiconductor.
LIG Assets, Inc. (OTC: LIGA) announced that it has hired Richard W. Barber to become its interim, full-time, in house Chief Financial Officer. The position is expected to become permanent. Mr. Barber has extensive CFO experience at companies such as Bank of America Investment Services, Inc., Computer Clearing Services and Global Asset Management, Inc. Other notable major firms that Mr. Barber has worked for include J.P. Morgan, and Ernst & Young.
Adherex Technologies Inc. (OTC: ADHXF) announced that Robert Andrade has resigned as Chief Financial Officer and a director of the Company. Krysia Lynes, who has solid accounting background and has worked for Adherex since July 2010, will assume the role of Chief Financial Officer on an interim basis.
United Stationers Inc. (NASDAQ: USTR) announced that Fareed Khan, senior vice president and chief financial officer, has decided to leave the company to accept a position with another firm. The company also announced that Todd Shelton has been appointed to senior vice president and chief financial officer. Mr. Shelton is currently president of United Stationers Supply and has held several key business and financial leadership roles during his 12 years at United Stationers.
United States Steel Corporation (NYSE: X) announced that David B. Burritt will succeed Gretchen R. Haggerty as executive vice president and chief financial officer. Burritt, who served as chief financial officer and vice president of global finance and strategic services for Caterpillar Inc. from 2004 to 2010, will start effective Sept. 1. Haggerty will retire effective Aug. 31. Burritt currently serves on the board of directors for Lockheed Martin (NYSE: LMT) and Global Brass and Copper (NYSE: BRSS).
Cardno recently hired Michael Landry to fill a new Chief Financial Officer position within their Americas Region. Mr. Landry brings with him 24 years of experience, including working as an investment banker and as a senior executive with CH2M Hill and The Shaw Group.