CFO Moves this week include:
|Abercrombie & Fitch Co.||W. P. Carey Inc.||Ingredion Incorporated|
|Asbury Automotive Group, Inc.||Prosper Marketplace||Think Finance, Inc.|
|ELAP Services LLC||Brainshark, Inc||DataStax|
|PharMerica Corporation||Liaison Technologies||Brightmark Energy, LLC|
|Rimini Street, Inc.||SafeGuard World International||HBR Consulting LLC|
|TCP International Holdings Ltd.||Natera Inc.||FireEye, Inc.|
|CorMedix Inc.||Fortune Brands Home & Security, Inc.||Regis Corporation|
|NMI Holdings, Inc.|
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Abercrombie & Fitch Co. [New Albany, Ohio] (NYSE: ANF) announced that Joanne Crevoiserat, Executive Vice President and Chief Financial Officer, has been promoted to Chief Operating Officer while continuing in her current roles. Ms. Crevoiserat has been Executive Vice President and Chief Financial Officer of Abercrombie & Fitch since May 2014 and a member of the Office of the Chairman since October 2015. Prior to joining Abercrombie & Fitch, she served in a number of senior management roles at Kohl’s Inc. including Executive Vice President of Finance and Executive Vice President of Merchandise Planning and Allocation. Prior to her time with Kohl’s, Ms. Crevoiserat held senior finance positions with Wal-Mart Stores and May Department Stores, including Chief Financial Officer of the Filene’s, Foley’s and Famous-Barr brands.
W. P. Carey Inc. [NEW YORK] (NYSE: WPC) announced that ToniAnn Sanzone has been promoted to Chief Financial Officer. Ms. Sanzone has been serving as interim CFO of W. P. Carey Inc. since October of 2016, having served as Chief Accounting Officer since 2015. Ms. Sanzone joined W. P. Carey in April 2013 as Global Corporate Controller, prior to which she served as the Corporate Controller at iStar Financial Inc., where she held various senior accounting positions from 2006 to 2013.
Ingredion Incorporated [WESTCHESTER, Ill.] (NYSE: INGR) announced that Jack Fortnum, CFO and executive vice president, plans to retire on June 30, 2017 after 33 years with the company. Jim Gray, Ingredion vice president corporate finance, will be become executive vice president and CFO effective March 1, when Fortnum will move into a senior advisory role until his retirement. Gray joined Ingredion in 2014 as vice president finance North America. Prior to Ingredion, he spent 12 years at PepsiCo, Inc. in senior finance and strategy positions, including three years as Gatorade division CFO and vice president finance PepsiCo.
Asbury Automotive Group, Inc. [DULUTH, Ga.] (NYSE: ABG) announced that Keith Style provided notice of his intention to resign from the position of Senior Vice President and Chief Financial Officer of the Company. The Company also announced that William Stax, Corporate Controller and Chief Accounting Officer of the Company, was appointed interim Principal Financial Officer while the Company conducts a search for a new Chief Financial Officer.
Prosper Marketplace [SAN FRANCISCO] announced it has appointed Usama Ashraf as Chief Financial Officer. Ashraf has held senior leadership positions at prominent financial services companies, most recently as Deputy Chief Financial Officer and Treasurer at Annaly Capital Management and Corporate Treasurer at USAA. Prior to joining USAA, Ashraf spent 13 years in the Treasury and Corporate M&A departments of CIT Group, most recently serving as Deputy Treasurer. Previously, he worked in the Investment Banking Division of Salomon Smith Barney/Citigroup.
Think Finance, Inc. [ADDISON, Texas] announced the appointment of Barney Briggs as the company’s Chief Financial Officer. Briggs recently served as CFO for the International Global Consumer Technology Group at Citigroup. He has also held a number of other roles at Citigroup, including as Senior Vice President of the American Airlines AAdvantage co-branded cards business, CFO of Citi’s Travel & Business Strategic Unit, and Vice President of Citi’s Private Label Oil Planning & Control unit. Briggs has also worked as CFO for Barclays Bank Delaware, as well as for venture backed start-up companies.
ELAP Services LLC [WAYNE, Pa.] announced that it has appointed Mike Burnett as chief financial officer. Mr. Burnett previously served as chief financial officer for PDR. He also was CFO of MediMedia USA. Mr. Burnett also held financial positions at IMS International in the United Kingdom.
Brainshark, Inc. [WALTHAM, Mass.] welcomed Dermot O’Grady as its new chief financial officer. O’Grady replaces former CFO Mike McEachern, a 16-year Brainshark veteran and founding member of the management team Prior to joining Brainshark. O’Grady previously served as CFO at Xkoto, and Convoq.
DataStax [SANTA CLARA, CA] announced the appointment of Robert O’Donovan as chief financial officer. He replaces former chief financial officer Dennis Wolf. O’Donovan joins DataStax from Pivotal, Inc. Prior to Pivotal, O’Donovan was vice president of sales productivity and enablement at Dell/EMC in Sydney, Australia. O’Donovan has held various positions at Dell/EMC in the Asia Pacific/Japan region including senior director of business operations and CFO, and was also CFO at Dell/EMC in the UK and Australia/New Zealand.
Abpro [WOBURN, Massachusetts] announced the appointment of Adam Mostafa as Chief Financial Officer. Mr. Mostafa was Managing Director in the Healthcare Investment Banking group at Cantor Fitzgerald. Prior to Cantor, Mr. Mostafa was with Needham & Company, CRT Capital Group and Citigroup as a member of their Healthcare Investment Banking groups. Mr. Mostafa spent a number of years at AQR Capital Management.
Zephyr [NEWARK, Calif.] welcomed Robb Ellis as the new chief financial officer. Ellis has spent over 20 years building and leading finance teams in global companies with significant complexity and operating scale.
Zenoss Inc. [AUSTIN, Texas] announced Michael Lovell as the company’s new chief financial officer. Lovell was previously CFO at Lifesize. Prior to serving as CFO of Lifesize, Lovell was vice president of finance at Surgient. He also served as CFO and vice president of operations of NewportWorks. Prior to that, he was CFO of Grassroots Enterprise.
PharMerica Corporation [LOUISVILLE, Ky.] (NYSE: PMC) announced the appointment of Robert E. Dries as Executive Vice President and Chief Financial Officer. From 1996 to 2016, Mr. Dries held several senior positions at Omnicare Inc., most recently serving as Senior Vice President, Financial Operations from 2012 to 2016. Mr. Dries began his career at KPMG.
Liaison Technologies [ATLANTA] announced that Joost Rutten has joined the team as chief financial officer. Rutten was previously the CFO at SAP SuccessFactors. Before taking the helm at SAP SuccessFactors, Rutten spent several years at SAP Ariba in both international and domestic roles. In 2014, he was named global Head of Finance and Division CFO at SAP SuccessFactors. Prior to his work at SAP, Rutten co-founded an independent corporate and capital advisory firm. Before that, he spent two years with AlpInvest Partners, and nearly three years with the Amsterdam-based ABN AMRO Bank NV.
Brightmark Energy, LLC [SAN FRANCISCO] announced the addition of Scott Healy as Senior Vice President and Chief Financial officer. Previously he has had senior level management responsibility for building renewable energy businesses.
Rimini Street, Inc. [LAS VEGAS] announced the appointment of Thomas Sabol as senior vice president and chief financial officer (CFO). Sabol replaces the Company’s previous CFO, Doug Zorn, who retired at the end of 2016. Prior to his most recent work as a management consultant providing M&A, CFO support and strategic planning assistance to several companies, Sabol served as CFO for Comverse, Inc., now Xura, Inc. He was also responsible for information security, supply chain management and procurement, and supported the successful sale of Comverse’s billing business to Amdocs Limited in July 2015. Prior to Comverse, Sabol was the CFO of Hypercom Corporation. Sabol also served as CFO and COO of Plexus Corp. Earlier in his career, Sabol served as vice president and general auditor for Kemper Corporation, and began his career with Coopers & Lybrand.
SafeGuard World International [AUSTIN, Texas] announced the addition of Ryan Schooler as Chief Financial Officer (CFO). He replaces former CFO Tony Lloyd. Mr. Schooler most recently served as CFO of Fox Service Company. Previously he held senior executive positions, including CFO of Alchemy Systems, Austin Capital Management, and Jardine Foods.
HBR Consulting LLC [CHICAGO] announced that Kathryn (Kathy) Carr has joined the company as Chief Financial Officer. Carr brings more than 20 years of financial strategy experience to HBR, including 18 years at Baker McKenzie, an international law firm. At Baker McKenzie, Carr served as a key strategic partner. Most recently, Carr served as senior vice president and finance director at Golin.
TCP International Holdings Ltd. [AURORA, Ohio] (OTC: TCPIF) announced Zachary Guzy as Chief Financial Officer. He has been serving as Interim Chief Financial Officer for the Company since October 3, 2016. Guzy was Global Corporate Controller for the Company from June 2012 until his appointment as Interim CFO in October 2016.
Natera Inc. [SAN CARLOS, Calif.] (NASDAQ: NTRA) announced the appointment of Mike Brophy as Natera’s new chief financial officer. Mr. Brophy replaces Herman (“Herm”) Rosenman, who joined the Company’s board of directors following his three-year tenure as Natera’s current CFO, a position he held since January 2014. Mr. Brophy has served as Natera’s senior vice president of Finance and Investor Relations since September 2016, and served as the Company’s vice president of Corporate Development and Investor Relations since September 2015. Prior to joining Natera, he served as an executive director and as a vice president in the investment banking division of Morgan Stanley.
FireEye, Inc. [MILPITAS, CA] (NASDAQ: FEYE) announced that Mike Berry, FireEye chief financial officer since 2015, is leaving FireEye to pursue another opportunity, and Frank Verdecanna, FireEye senior vice president of finance and chief accounting officer, has been appointed executive vice president and chief financial officer. Prior to joining FireEye in 2012 as the company’s vice president of finance, Verdecanna served as chief financial officer of Apptera, and iPass. Verdecanna began his career as a CPA in public accounting with Coopers and Lybrand.
CorMedix Inc. [BEDMINSTER, NJ] (NYSE MKT: CRMD) announced that Robert W. Cook was appointed Chief Financial Officer. Mr. Cook most recently served as Chief Financial Officer of Bioblast Pharma Ltd. His prior pharma experience includes appointments at Strata Skin Sciences, as well as Immune Pharmaceuticals and its predecessor EpiCept Corporation, including one year as Interim President and CEO of EpiCept. Previously, he served as CFO of Pharmos Corporation. Mr. Cook began his career in financial services at Chase Manhattan and he also held a position as a Vice President in the Healthcare Group at General Electric Capital Commercial Finance.
Fortune Brands Home & Security, Inc. [DEERFIELD, Ill.] (NYSE: FBHS) announced that chief financial officer Lee Wyatt has elected to retire at the end of 2017 when he turns 65. Consistent with the Company’s succession planning process, Patrick Hallinan will succeed Wyatt when he steps down at year end. Hallinan recently accepted the position of senior vice president of finance at Fortune Brands to begin the transition. For the past three years, he served as chief financial officer of the plumbing segment. He previously served as vice president of finance at Beam Inc. and as vice president of finance at MasterBrand Cabinets for three years. Hallinan began his career as a consultant at Booz Allen Hamilton.
Regis Corporation [Minneapolis, MN] The Board of Directors of Regis Corporation appointed Michael C. Pomeroy as Interim Chief Financial Officer and principal financial officer. Mr. Pomeroy serves as a Senior Director with Huron Consulting Services LLC. Mr. Pomeroy began his career at GE. He progressed from the Corporate Audit Staff through several finance leadership roles. His last assignment with GE before leaving for Kodak was as the Chief Financial Officer of GE Aircraft Engine Europe. During his tenure at Kodak, Mr. Pomeroy held Chief Financial Officer roles for four out of the five of the company’s multi-billion dollar divisions. Mr. Pomeroy’s final role with Kodak was co-leading the carve-out of the Medical X-ray business into a stand-alone privately held entity, becoming Chief Financial Officer and a Board Director. Mr. Pomeroy then went on to other private equity Chief Financial Officer and advisory roles, including serving as Chief Financial Officer of Palladium Energy, from 2012-2013 and Advisor, the Carlyle Group, a multinational private equity firm, from 2014-2015. He joined Huron in June 2015. Mr. Pomeroy’s Finance leadership experiences included the following industries: Industrial/Manufacturing, Transportation, Aviation, Energy, Healthcare, Consumer Retail, Distribution, and more.
NMI Holdings, Inc. [EMERYVILLE, CA] (NASDAQ: NMIH) announced that Glenn Farrell, executive vice president and chief financial officer, plans to retire on July 31, 2017. Adam Pollitzer, formerly of J.P Morgan Securities LLC, has been named to succeed Mr. Farrell as the company’s next executive vice president and chief financial officer effective May 2, 2017. Adam Pollitzer was most recently a managing director in J.P. Morgan’s Corporate and Investment Banking division. He served in multiple leadership positions during his 15-year tenure at J.P. Morgan.