CFO Moves this week include:
|AECOM||The Madison Square Garden Company||Crocs, Inc.|
|CSX||Express Scripts Holding Company||Cvent, Inc.|
|Gold Resource Corporation||NORMA Group||Merrill Corporation|
|Perceptron, Inc.||The Hain Celestial Group, Inc.||Sotera Defense Solutions|
|Docker Inc.||Verso Corporation||General Atlantic|
|Coronal Group LLC||Sparton Corporation||Denali Therapeutics Inc.|
|Array BioPharma||Monotype Imaging Holdings Inc.||InDemand Interpreting|
|Astro Pak Corporation||SALESWARP||Calysta, Inc.|
|FireEye, Inc.||Great Lakes Aviation, Ltd.||Vita Coco|
|GAIN Capital Holdings, Inc.|
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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Stanton Chase). Samuel can be reached by email at email@example.com or by phone at +1 (415) 738-2070.
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AECOM (NYSE: ACM) [LOS ANGELES] announced the appointment of W. Troy Rudd as executive vice president and chief financial officer, effective Oct. 5. Rudd, a senior vice president concurrently serving as treasurer; chief operating officer, Design Consulting Services (DCS) Americas; and chief financial officer, DCS Global, assumes the CFO role held by AECOM President Stephen M. Kadenacy, who has served as CFO since 2011. Prior to joining AECOM, Rudd was a partner for 10 years with KPMG, where he held leadership roles and served many of the firm’s most-valued clients.
The Madison Square Garden Company (NYSE: MSG) [New York, NY] announced that following the spin-off of MSG Networks Inc., which is expected to occur on September 30, 2015, Bret Richter will join the company as chief financial officer. Mr. Richter is joining MSG Networks Inc. from Cablevision Systems Corporation, where he has been serving as executive vice president of corporate finance and development. Mr. Richter previously served as senior vice president of financial strategy and development at Cablevision. Before joining Cablevision in 2005, he served as president of The Richter Consulting Group, Inc., a privately held advisory firm that provided consulting services to early stage media companies. Prior to that, he served as senior vice president of finance at NTL Incorporated (a predecessor of Virgin Media), where he took on progressively senior roles, including managing all of NTL’s finance activities as its acting chief financial officer. Mr. Richter was also a member of the media investment banking advisory team at Salomon Brothers Inc.
Crocs, Inc. (NASDAQ: CROX) [NIWOT, Colo.] announced that Jeff Lasher, senior vice president and chief financial officer, is leaving the company to pursue other interests. Lasher, who joined Crocs in 2009 and was named chief financial officer in 2011, will remain with the company through early November. Mr. Lasher plans to join West Marine, Inc. as chief financial officer in November. Mike Smith, senior vice president for finance, has been named interim chief financial officer effective October 1st and will work closely with Lasher during a transition period. Smith joined Crocs earlier this year after a long career in finance, including several chief financial officer roles. Smith spent nearly two years as division senior vice president for finance at Wolverine Worldwide and, prior to its acquisition, Collective Brands Performance & Lifestyle Group, which included the Sperry Top-Sider, Saucony, Keds and Stride Rite brands.
CSX [JACKSONVILLE, Fla.] announced that Fredrik J. Eliasson has been appointed Executive Vice President and Chief Sales and Marketing Officer from his previous position as Executive Vice President and Chief Financial Officer. Frank A. Lonegro has been appointed Executive Vice President and Chief Financial Officer from his previous position as Vice President-Service Design. Eliasson was appointed as Executive Vice President and Chief Financial Officer in 2012. He previously served in key Sales and Marketing and Finance leadership roles, including as vice president of the chemicals and fertilizer business, vice president of emerging markets, vice president of commercial finance, and vice president of financial planning and analysis. He joined the company in 1995. Lonegro was most recently as vice president-service design and before that president of CSX Technology, vice president-mechanical, vice president-internal audit and associate general counsel. He joined the company in 1999.
Express Scripts Holding Company (NASDAQ: ESRX) [ST. LOUIS] announced Eric Slusser has joined the company as Executive Vice President and Chief Financial Officer. Mr. Slusser was most recently Chief Financial Officer of Gentiva Health Services, Inc. Prior to joining Gentiva in 2009, Mr. Slusser held executive roles with Centene Corporation, including serving as Executive Vice President and Chief Financial Officer, Executive Vice President of International Development, and Treasurer. Mr. Slusser also served as Executive Vice President of Finance and Chief Accounting Officer of Cardinal Health, Inc. Prior to his career in healthcare, Mr. Slusser, who is a certified public accountant, spent 10 years in a variety of finance roles within the telecommunications industry, and 12 years in public accounting. Jim Havel, the company’s former interim Chief Financial Officer, will continue with Express Scripts as Executive Vice President of Finance for an indeterminate period of time to assist with the transition.
Cvent, Inc. (NYSE: CVT) [TYSONS CORNER, Va.] announced that it has appointed Cynthia Russo as Executive Vice President and Chief Financial Officer, effective September 28, 2015. Most recently, she was Executive Vice President and CFO of publicly-traded MICROS Systems. During her 19 years at MICROS, she served in a variety of senior finance roles of increasing responsibility, from Director of Financial Reporting to Senior Vice President, Corporate Controller, and ultimately to CFO, which she served as for the last five years until MICROS’ acquisition by Oracle in September, 2014.
Gold Resource Corporation (NYSE MKT: GORO) [COLORADO SPRINGS, CO] announced the appointment of John Labate as the Company’s Chief Financial Officer (CFO). Mr. Labate has been serving as the Company’s interim CFO since May 11, 2015. His extensive resource industry experience includes previously serving as CFO for Golden Star Resources Ltd., Constellation Copper Corporation and Crown Resources Corporation.
NORMA Group [AUBURN HILLS, Mich.] announced that Roger Goldbaum has been named chief financial officer and vice president of finance for the Americas Region. Prior to joining NORMA, Goldbaum had been CFO for Willbanks Energy Logistics and previously had served in senior management positions at Visteon and Ford Motor Company.
Merrill Corporation [ST. PAUL, Minn.] has named Tom Donnelly as the company’s new Chief Financial Officer (CFO). Donnelly replaces Bob Nazarian, who is retiring after serving Merrill Corporation for the past 15 years as its CFO. Donnelly joins Merrill from Minneapolis–based OptiMine, where he has served as a director and chief executive officer since 2014. Prior to joining OptiMine, Donnelly led Digital River, where, from 2005 to 2013, he served as the CFO, and later as chief operating officer and president. Donnelly also served as the CFO and later as president and chief operating officer of Net Perceptions, Inc. He has held several other finance and transaction–related positions at technology and financial services companies.
Perceptron, Inc. (NASDAQ: PRCP) [PLYMOUTH, MI] appointed Dave Watza to serve as Senior Vice President and Chief Financial Officer of the Company, effective October 5, 2015. Mr. Watza joins Perceptron from TriMas Corporation, most recently as Vice President of Corporate Development and Treasury. Dave joined TriMas in 2005, holding positions of increasing responsibility and professional growth including Vice President Finance, Business Planning & Analytics; division Finance Officer for Cequent APEA in Australia; and division Finance Officer and Vice President of Finance for Cequent Performance Products.
The Hain Celestial Group, Inc. (NASDAQ: HAIN) [LAKE SUCCESS, N.Y.] announced the appointment of Pasquale (“Pat”) Conte as Executive Vice President and Chief Financial Officer. Stephen J. Smith, who has served as Hain Celestial’s Chief Financial Officer will remain with the Company through September 30, 2015 to ensure an orderly transition. In October, 2014 Pat was named Senior Vice President, Finance and Treasurer, having joined Hain Celestial in July, 2009 after acting as a financial consultant to the Company previously. Pat previously worked at Colgate-Palmolive Company, NYNEX Corporation and Arthur Anderson, LLP. Prior to joining Hain Celestial, he worked at Motorola, Inc. (formerly Symbol Technologies, Inc.) in a series of financial roles of increasing responsibilities including Tax Director, Vice President and Controller and ultimately, Chief Financial Officer.
Sotera Defense Solutions [HERNDON, Va.] announced that John C. Pitsenberger has been named Executive Vice President and Chief Financial Officer. Pitsenberger was Sotera’s Corporate Controller for the past two years. Prior to joining Sotera, Mr. Pitsenberger was the Vice President and Corporate Controller for PAE through 2013. Earlier in his career he has held various accounting, finance, and planning positions at companies including Iron Bow Technologies, Apptis, Deltek, and American Management Systems (now CGI) from 1998 to 2012.
Docker Inc. announced that former Twitter executive Mike Gupta has joined Docker as its new chief financial officer (CFO). Docker has appointed former CFO Eric Bardin to the newly-created role of senior vice president (SVP) of finance and business operations. Before joining Docker, Gupta was SVP of strategic investments at Twitter, where he ran Twitter Ventures. Before taking on this role, he served as Twitter’s CFO, during which he led the company through its very successful IPO. Prior to joining Twitter, Gupta was SVP, finance and treasurer at Zynga, Inc. Prior to that, Gupta spent eight years at Yahoo! Inc. in a variety of financial roles, most recently as SVP of corporate development, finance and treasury.
Verso Corporation (NYSE: VRS) [MEMPHIS, TN] announced that Allen Campbell will become its Senior Vice President and Chief Financial Officer effective upon the commencement of his employment with Verso on September 21, 2015. Campbell has over 30 years of financial leadership experience in industrial manufacturing, including 10 years as the chief financial officer of Cooper-Standard Holdings Inc. (NYSE), the parent company of Cooper-Standard Automotive Inc. At Cooper Standard, Campbell has been the Executive Vice President and Chief Infrastructure Officer since March 2015, and he previously served as the Executive Vice President and Chief Financial Officer from 2005 to March 2015 and in other financial and corporate leadership roles of increasing responsibility from 1998 to 2004. He previously worked at The Dow Chemical Company from 1980 to 1998 in various financial and accounting positions.
General Atlantic [PALO ALTO and NEW YORK] announced today that Robert Swan, former Chief Financial Officer of eBay, Inc., has joined General Atlantic as an Operating Partner. Mr. Swan will be part of the firm’s Resources Group. He will be based in General Atlantic’s Palo Alto office. Mr. Swan joins General Atlantic from eBay where he served since 2006 as Senior Vice President, Finance, and Chief Financial Officer. Prior to eBay, Mr. Swan served as Chief Financial Officer at Electronic Data Systems Corp., TRW, Inc., and Webvan Group, Inc. Mr. Swan began his career at General Electric, serving for 15 years in numerous senior finance roles including as divisional Chief Financial Officer for GE Transportation Systems, GE Healthcare Europe, and GE Lighting. He serves as a member of the board of directors for eBay and Applied Materials, Inc.
Coronal Group LLC [GLENDALE, Calif.] announced that Philip R. Leiber has joined the team as Chief Financial Officer. Before joining Coronal, Mr. Leiber served as the CFO of the Los Angeles Department of Water and Power. Prior to that he was CFO at Seattle City Light.
Sparton Corporation (NYSE: SPA) [SCHAUMBURG, Ill.] announced that Joseph G. McCormack has been appointed as the Company’s new Chief Financial Officer. Mr. McCormack most recently joined Sparton as a Senior Financial Consultant in June of 2015. Previously, he served as the Chief Financial Officer of Ingenient Technologies Inc. Mr. McCormack was also a partner with Ernst & Young LLP.
Denali Therapeutics Inc. [SOUTH SAN FRANCISCO] announced that Steve E. Krognes will join the company as Chief Financial Officer effective October 1, 2015. Mr. Krognes joins Denali from Genentech, where he has served as CFO and as a member of the Genentech Executive Committee since 2009. Prior to that, he led Roche’s global Mergers & Acquisition team for five years and served on its global finance leadership team. Mr. Krognes has also worked as an investment banker at Goldman Sachs, management consultant at McKinsey & Company and as a venture capitalist in Scandinavia.
Array BioPharma (NASDAQ: ARRY) [BOULDER, Colo.] announced that it has appointed Patricia Henahan to the position of Chief Financial Officer. Prior to joining Array, Ms. Henahan was Vice President of Finance for Hospira’s U.S. pharmaceutical-focused business. Prior to her role at Hospira, Ms. Henahan was Chief Financial Officer of iPR Pharmaceuticals, Inc., AstraZeneca Group, from 2009 to 2013. From 2002 to 2009, Ms. Henahan provided financial leadership to the R&D organizations of AstraZeneca, MedImmune and Eli Lilly.
Monotype Imaging Holdings Inc. (NASDAQ: TYPE) [WOBURN, Mass.] announced it has hired Joseph Hill as the company’s new chief financial officer (CFO) and executive vice president. Hill succeeds Scott Landers, who will remain as Monotype’s Chief Operating Officer (COO) and is expected to be appointed CEO on January 1, 2016. Hill most recently worked at Metabolix, Inc. where he had worked since 2008 as senior vice president, CFO and treasurer. Prior, he served as senior vice president and CFO of AMICAS. Hill has also served as CFO at Dirig Software, Maconomy Corporation, Datamedic Corporation and Marcam Corporation.
InDemand Interpreting [SEATTLE] announced that Bob Nakahara has joined InDemand as the company’s new Chief Financial Officer. Previously Bob Nakahara was the Chief Financial Officer for the Washington Health Benefit Exchange. Prior to that position, he was the Chief Financial Officer for Qliance Medical Management, Inc. He was a partner at Tatum Consulting, LLC, the CFO for MedManage Systems, Inc. and the Senior Vice President/CFO of PREMERA Blue Cross of Washington and Alaska. Bob is also serving his seventh consecutive three-year term as a trustee on the Washington State Investment Board.
Astro Pak Corporation [COSTA MESA, Calif.] announced the appointment of Todd Dean as Chief Financial Officer. Prior to joining Astro Pak, Mr. Dean served in leadership roles in both the private and non-profit sectors. These roles have included working as a CPA with KPMG, Director of Finance for LG&E Energy, Chief Operating Officer of HomeWord, and Executive Pastor of Coast Hills Community Church. Todd served on the Astro Pak Board of Directors for the past 10 years.
SALESWARP [BALTIMORE] announced that Henry Sage has joined the company’s leadership team as Chief Financial Officer. Henry was most recently CFO and General Manager of Operations at eBizNET Solutions.
Calysta, Inc. [MENLO PARK, Calif.] named Ted Hull as Chief Financial Officer and Vice President, Finance. Mr. Hull joins Calysta from posts as Executive Vice President and Chief Financial Officer for 3-D Systems and Fusion-io, and six years as Vice President, Finance at Cisco. Previously, Mr. Hull served as CFO at Isola and as Vice President, Finance and CFO for Maxtor.
FireEye, Inc. (NASDAQ: FEYE) [MILPITAS, CA] announced that Michael Berry has been appointed senior vice president and chief financial officer. Berry is expected to join the company on September 21. Berry most recently served as executive vice president and chief financial officer of Informatica Corporation. Berry earlier led finance and other operations for a number of technology companies, including IO, SolarWinds, and i2 Technologies. FireEye also announced that Deepak Ahuja, Tesla’s first CFO, has joined the FireEye board of directors. Prior to joining Tesla, Ahuja had 15 years of global automotive finance experience at Ford, where he held various leadership positions. Berry will replace Frank Verdecanna, who will conclude his service as interim chief financial officer and continue to serve as FireEye’s vice president of finance.
Great Lakes Aviation, Ltd. [Cheyenne, WY] announced that Michael O. Matthews resigned from his position as Vice President and Chief Financial Officer. Stan Gadek was appointed Vice President and Chief Financial Officer of the Company. In 2013, Mr. Gadek founded, and continues to serve as principal of, TreadStohne Group, LLC, a management consulting and turnaround advisory services business which has provided consulting services to the Company. From 2008-2013 he was the President and Chief Executive Officer of Sun Country Airlines, a Minnesota-based airline.
Vita Coco® [NEW YORK] announced that Armando Amselem joined as Global Chief Financial Officer (CFO), a newly created role. Before joining Vita Coco, Armando spent 20 years at PepsiCo and was most recently General Manager of Tropicana North America. Prior to that, he was General Manager for PepsiCo France. During his accomplished tenure with PepsiCo, Armando held senior financial, strategic planning and management roles in North America, Latin America, France, Switzerland and the UK, including the roles of CFO of PepsiCo France from 2001-05 and Vice President of Strategic Planning and M&A for PepsiCo Europe from 2006-07. Jose Carvalho has the new title and role of Americas CFO and General Manager, Canada. He will continue to be based in New York and oversee the brand’s financial operations in North America and diversify his role by simultaneously managing Vita Coco’s growing Canada business. Jose originally joined Vita Coco in 2010 as CFO.
GAIN Capital Holdings, Inc. (NYSE: GCAP) [BEDMINSTER, N.J] announced that Nigel Rose has been named Executive Vice President and Chief Financial Officer effective October 1, 2015. Mr. Rose, who is currently GAIN’s Group Finance Director, has served as the Chief Financial Officer of City Index Holdings, Inc. since 2010. GAIN acquired City Index on April 1, 2015. Mr. Rose will succeed Jason Emerson, currently Executive Vice President and Chief Financial Officer, who will be leaving the firm to pursue other interests. Prior to City Index, Mr. Rose served as Finance Director for over nine years at Blue Square, which was acquired by Rank Gaming Group plc. Prior to his time at Rank Gaming, Nigel held various senior positions in telecoms, media and broking.