CFO Moves this week include: Lantronix, Delcath Systems, Atna Resources, Two Harbors Investment Corp., Verdezyne, American Electric Technologies, VeriSign, Katzen Eye Group, Vocera Communications, Kynetic, VW Credit, Glam Media, Ralcorp Holdings, MobileHelp, Manning & Napier Advisors, Staples, Aribex, Northgate Capital, Central Pacific Financial Corp., Avedro, International Stem Cell, IntegraMed America, Single Touch Systems, Thomson Reuters, Dialogic, Kansas Masonic Home, Rotary International, Rocket Fuel, The New Jersey Meadowlands Commission, Agilysys, Midmark Corp., Central Montana Resources
Lantronix (NASDAQ: LTRX) announced that it has appointed Jeremy Whitaker as Chief Financial Officer, replacing Interim Chief Financial Officer Jim Kerrigan. Whitaker returns to Lantronix after serving briefly as Vice President, Corporate Controller at Mindspeed Technologies (NASDAQ: MSPD). Prior to Mindspeed, Whitaker served as Vice President of Finance and Accounting for Lantronix from August 2005 to January 2011. Prior to Lantronix, Whitaker held vice president and director level finance and accounting positions with two publicly-traded companies.
Delcath Systems, Inc. (UTD: DCTH) announced the appointment of Graham G. Miao to the position of Executive Vice President, Chief Financial Officer (CFO). Concurrent with this appointment, David McDonald, Delcath’s CFO since 2009, will assume the newly created role of Executive Vice President, Business Development. Mr. Miao joins Delcath from Dun & Bradstreet Corporation, where he served as Chief of Staff of the Global CFO Organization and member of the Financial Leadership team since 2009. Previously, Mr. Miao was Executive Vice President & CFO of Pagoda Pharmaceuticals. Prior to joining Pagoda, Mr. Miao was Vice President of Strategic Planning & Financial Analysis at Symrise Inc. Mr. Miao was also Senior Director for Global Primary Care and Global Medical Affairs at Schering-Plough Corporation, serving as the division-CFO for the company’s $3 billion primary care pharmaceuticals franchise. Prior to his time at Schering-Plough, Mr. Miao was at Pharmacia Corporation, serving as Director-Head of Finance for Pharmacia’s $1.3 billion Global Oncology franchise.
Atna Resources Ltd. (OTCBB: ATNAF) announced that Rod Gloss has joined Atna’s management team as Vice President and Chief Financial Officer. effective October 3, 2011. Rod has served as Corporate Controller for Alacer Gold; VP, Chief Accounting Officer, and Corporate Controller for Intrepid Potash; and CFO, VP, Controller, and Director of Treasury for Timminco Ltd.
Two Harbors Investment Corp. (NYSE: TWO) announced the appointment of Brad Farrell as Chief Financial Officer and Treasurer, effective January 1, 2012. Two Harbors’ current CFO, Jeffrey Stolt, shall remain in his role until that date and thereafter continue to serve as Partner and Chief Financial Officer of Pine River Capital Management L.P., the parent of PRCM Advisers LLC, Two Harbors’ external manager. Prior to joining Two Harbors, Mr. Farrell was Vice President and Executive Director of External Reporting at GMAC ResCap, a diversified real estate finance company, and prior to that, held positions of increasing responsibility at XL Capital, Ltd., a global insurance underwriter.
Verdezyne, Inc. announced the appointment of Brian Conn as Chief Financial Officer (CFO) and Steve Jackson as Chief Operations Officer (COO). Mr. Conn was formerly CFO of MicroIslet, Inc., and prior to that served as CFO/VP Finance of Chemicon International and Serologicals Corporation. Mr. Jackson, who has served as Verdezyne’s CFO and COO since 2008 and has more than 20 years finance and operations experience serving both mid-cap public companies and small start-ups.
American Electric Technologies, Inc. (UTD: AETI) announced that Frances Powell Hawes, has joined the company as senior vice president and chief financial officer. Ms. Hawes was most recently interim CFO of Sterling Chemicals, Inc. Prior to that she served as CFO for NCI Building Systems (NCS). Ms. Hawes was previously CFO for Grant Prideco, Inc. (formerly GRP). Ms. Hawes is currently a member of the board of directors of Express Energy Services, LLC and is also a board member of the Houston chapter of Financial Executives International.
VeriSign, Inc. (NASDAQ: VRSN) announced that the company has appointed John Calys to the position of chief financial officer (CFO), on an interim basis, effective immediately. Calys has been serving as Verisign’s vice president and controller since December 2010, and will continue in these roles. Prior to joining Verisign, Calys served as the vice president and controller of XO Holdings, Inc. He also served as vice president and assistant treasurer of Sprint Nextel Corporation, and vice president and assistant controller of Nextel Communications, Inc.
Katzen Eye Group announced that Melissa J. Pitchford has joined the practice as Chief Financial Officer. Pitchford was Shareholder at Timonium-based accounting and consulting firm, Katz, Abosch, Windesheim, Gershman & Freedman, P.A. Additionally, she served as Chair for the Medical Practice Services Group of Katz Abosch.
Vocera Communications, Inc. announced that William Zerella is joining the firm as Chief Financial Officer, replacing Martin Silver, who stepped down for medical reasons. Zerella brings over 30 years of financial experience in both private and public companies. For the past five years, he was the CFO and VP-Finance and Administration at Force10 Networks, which was recently acquired by Dell.
Kynetic announced that Michael R. Conn has joined the company as its Chief Financial Officer (CFO). Conn’s appointment as CFO marks a reunion his with business partner Michael G. Rubin, founder and CEO of Kynetic. Conn was Rubin’s first hire at GSI Commerce in 1999. Prior to Kynetic, Conn served as CFO for GSI Commerce since January 2006. He held various other positions at GSI Commerce, including strategic planning, sales and corporate development from 1999 to 2006.
VW Credit Inc. promoted Andrew Stuart to the position of President and CEO of VW Credit, Inc., effective January 2012. Stuart will succeed Kevin Kelly, 65, the current President and CEO who will retire in January. Stuart has been Executive Vice President and CFO for VW Credit, Inc. since 2008 and brings over 20 years of experience in the automotive industry in the U.S. and Canada. In addition to product management and regional sales management experience with the VW Brand, Stuart has held several leadership roles in VCI, including Director, Sales and Marketing in the U.S. and Canada. Stuart also led Bentley Motors Inc. in the U.S. as CEO from 2004 to 2007. With the promotion of Stuart to President and CEO, Volker Reichhardt, 44, will become Executive Vice President and CFO. Reichhardt will join VW Credit, Inc. from Volkswagen Financial Services AG, where he currently serves as Head of Controlling for the International FS Group and leads the Corporate Strategy Office in Braunschweig. Prior to his current roles, Reichhardt had been Assistant to the CEO, Head of Controlling, Risk and IT for Volkswagen Dogus Finansmani in Turkey, and International Fleet Manager for Volkswagen Financial Services AG. Reichhardt will begin his new role on January 1, 2012.
Glam Media, Inc. announced that Jeanne Seeley, former senior executive at Apple, has been appointed Executive Vice President and Chief Financial Officer. Seeley has served as CFO of publicly traded technology companies such as Quantum Corporation, Palm Source, Access CO Ltd, and Occam Networks. She also spent more than 16 years at Apple in a variety of finance roles, including that of Corporate Controller and Chief Accounting Officer, served as a member of the Apple executive team and helped grow the company from a small business to a Fortune 100 company with revenues of over $11 Billion. Bruce Jaffe, Glam Media’s former CFO and EVP of Corporate Development, will transition to focusing on strategy and corporate development.
Ralcorp Holdings, Inc. (NYSE: RAH) announced that its Corporate Vice President and Chief Accounting Officer, Thomas G. Granneman, has announced plans to retire from the company effective December 31, 2011. As part of an orderly succession process, Ralcorp’s board of directors has elected Scott Monette to the newly-created position of Corporate Vice President and Chief Financial Officer, effective upon Mr. Granneman’s retirement. Following Mr. Granneman’s retirement, Mr. Monette will assume all of Mr. Granneman’s responsibilities in addition to his current responsibilities. Scott Monette, Corporate Vice President, Treasurer and Corporate Development Officer, joined Ralcorp in 2001, serving as Corporate Vice President and Treasurer until February 2010. Prior to joining Ralcorp, Mr. Monette served as Chief Investment Officer-Benefit Plans with Hallmark Cards, Inc. in Kansas City.
MobileHelp announced Joel Richardson has been named Chief Financial Officer. Prior to joining MobileHelp, Mr. Richardson was responsible for developing and maintaining the accounting infrastructure and financial systems of AlertSite, a leading web performance and transaction monitoring company.
Manning & Napier Advisors, Inc. announced that James Mikolaichik has recently joined the firm as Chief Financial Officer. Prior to joining, Jim served most recently as the Executive Vice President and Head of Strategy at Old Mutual Asset Management in Boston, Massachusetts, where he worked in various roles since 2004.
Staples, Inc. (NASDAQ: SPLS) announced the promotion of Christine Komola to Chief Financial Officer effective February 1, 2012. Christine will report to John Mahoney, Staples’ Vice Chairman. The responsibilities of the Chief Financial Officer will transition to Christine over the next year. Christine joined Staples in 1997 and has served in various leadership roles including Vice President, Planning and Control; Chief Financial Officer of Staples.com; Vice President, General Merchandise Manager, Furniture & Wholesale, and her most recent role as Senior Vice President and Corporate Controller with responsibility for the company’s global financial operations
Aribex has appointed Ken Kaufman as president and chief financial officer. Since 2009, Kaufman served as the part-time CFO for Aribex through CFOWise, a company he founded in 2006 that provides CFO services on a contract basis.
Northgate Capital, LLC announced it has hired Mo Virani as chief financial officer and chief operating officer. Prior to joining Northgate, Virani spent 12 years at Mohr Davidow, where he worked as the administrative general partner responsible for all company operations and limited partner relations. Previously, Virani was with Softbank Corp/Ziff Davis, where he was most recently CFO of ZD Events Inc., a division of Ziff Davis. He has also held senior finance positions with Sun Microsystems and Hewlett-Packard, working both within and outside of the United States.
Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank (“CPB”) announced the appointment of Denis K. Isono as Executive Vice President and Chief Financial Officer (CFO). Isono replaces Larry D. Rodriguez, who will remain with the Company until November 30, 2011 and will be retained by the Bank as a consultant thereafter. Isono has 39 years of experience in banking and financial management and has been with the Company since 2002, currently as Executive Vice President and Chief Operations Officer. He previously served as Controller and later as Operations Group Manager of Bank of Hawaii Corporation and its bank subsidiary and held prior financial management positions at Ernst & Young and City Bank. He is active in the community, serving on the executive committees of the Sheraton Hawaii Bowl and the Hawaiian Airlines Diamond Head Classic, as well as a trustee for Mid-Pacific Institute and a member of the Hawaii Business Roundtable.
Avedro, Inc. announced C. Evan Ballantyne as Chief Financial Officer. Prior to this role, Mr. Ballantyne served as Executive Vice President, Chief Financial Officer of Clinical Data, Inc., a biopharmaceutical company which was acquired in April 2011 by Forest Laboratories, Inc. for $1.3 billion. Prior to his roles at Clinical Data, Ballantyne was Chief Financial Officer of ZymeQuest, Inc., a medical technology company based in Beverly, Massachusetts. He also served as the Chief Financial Officer of Knowledge Impact. Ballantyne was Vice President and Chief Operating Officer for ACNielsen Corporation and held the Chief Financial Officer position as well for 2 years.
International Stem Cell Corporation (OBB: ISCO) announced that it has named Linh Nguyen as Chief Financial Officer, replacing Ray Wood. Previously she served as Chief Financial Officer and Corporate Secretary for International Lottery & Totalizator Systems, Inc. (“ILTS”). Prior to being named CFO, Ms. Nguyen held various other roles at ILTS, including Director of Finance and Finance Manager. Earlier in her career, Ms. Nguyen held accounting and financial management positions with Phamatech, Inc., Osmonics, Academic Communication Associates, Inc., and AMN Healthcare Services, Inc.
IntegraMed America, Inc. (NASDAQ: INMD) announced it has promoted Vice President, Finance, Timothy Sheehan to the position of Senior Vice President and Chief Financial Officer. Mr. Sheehan had been named Interim CFO of IntegraMed effective January 1, 2011. Tim Sheehan joined IntegraMed as Vice President, Finance in January 2010. Tim previously served as CFO and Director of Scale Finance LLC, a North Carolina based provider of outsourced CFO and capital raising services to emerging growth companies. Tim’s prior role was as Vice President, Corporate Development at MINRAD International, an AMEX-traded manufacturer of medical devices and specialty pharmaceuticals.
Single Touch Systems Inc. (OBB:SITO) announced the appointment of John Quinn as Chief Financial Officer. Mr. Quinn was most recently Principal of ParenteBeard, LLC, an accounting and consulting firm. Prior to joining ParenteBeard in 2010, Mr. Quinn was the New York based Chief Financial Officer of Financial Dynamics, a financial communications and investor relations consultancy. From 1997-2004 Mr. Quinn was a partner at Scarpati Quinn & Hennessey, LLP. For the eight years prior, he was senior manager of M&A and tax at Saatchi & Saatchi, the global advertising and marketing giant.
Thomson Reuters (NYSE: TRI), announced that Robert D. Daleo, chief financial officer, has informed the Board of his intention to retire in July 2012. Mr. Daleo has served as CFO since 1998. The company announced that Stephane Bello, currently chief financial officer of the Professional division, will succeed him as chief financial officer of Thomson Reuters, effective January 1, 2012, and Mr. Daleo will then serve as vice chairman of the company until his retirement.
Dialogic Inc. (NASDAQ: DLGC) has named John T. Hanson as the company’s new Executive Vice President and Chief Financial Officer. Mr. Hanson comes to Dialogic with over 25 years of management experience at both publicly traded and privately held companies, including 12 years in the telecommunications industry. He most recently served as chief financial officer at One Communications Corp and before that held senior management positions at Motorola and Worldport Communications. Jean Gagnon, who has been with the company for over ten years, most recently as acting CFO since February 2011, will work to complete a smooth transition for the next several weeks and will then leave to pursue other opportunities.
Kansas Masonic Home has named Kevin Cronkleton, as its new chief financial officer. He replaces Frank Rajewski, who was director of finance. Cronkleton comes to the 17-acre senior living community from the Summit, a specialty hospital in Hutchinson, where he was assistant administrator and financial officer. He also has worked in CFO and other management positions at Hospital Management Consulting in Kansas City. St. Luke Hospital and Living Center in Marion, Via Christi Regional Medical Center in Wichita and Texas Health Harris Methodist Hospital in Arlington, Texas.
Rotary International has named Lori O. Carlson as its new chief financial officer. Carlson comes to Rotary International World Headquarters with experience from Hospira, Inc., where she was corporate vice president and treasurer, and Abbott Laboratories, where she held several positions, including assistant treasurer and treasurer for international operations. She replaces Peter J. DeBerge, recently promoted to the position of deputy general secretary.
Rocket Fuel Inc. announced that it has named Peter Bardwick as CFO. He joins Rocket Fuel from online brokerage Zecco, where he served as CFO. A former investment banker, he also has a wealth of hands-on operational experience, having served as CEO, CFO, COO and board member of a number of leading Internet, media, and data companies.
The New Jersey Meadowlands Commission announced that Frank Elenio is taking over as chief financial officer for the agency. Elenio follows Irfan Bora, who retired in July after serving as the NJMC’s CFO for 28 years. Elenio has public sector experience as the CFO of Ridgefield. He also has served as CFO for Go America, a wireless Internet company, and Wilshire Enterprises, a real estate firm.
Agilysys, Inc. (NASDAQ: AGYS) announced that Robert R. “Robb” Ellis has been named chief financial officer of the Company. Ellis was most recently with Radiant Systems, Inc., where he managed a global team as vice president, accounting and financial operations/principal accounting officer from 2007 until its acquisition by NCR Corporation in August 2011. He joined Radiant Systems as corporate controller in 2003. Ellis replaces Henry Bond.
Midmark Corp. announced Robert “Bob” Morris would join as chief financial officer. Morris had been serving as vice president of finance at Michigan-based BorgWarner Drivetrain Systems. He also brings 23 years of financial and managerial experience from Michelman and Arthur Andersen and Co.
Central Montana Resources LLC has hired Chris Williford as the company’s new chief financial officer. He comes to the company after working 18 years as the executive vice president and chief financial officer at Abraxas Petroleum Corp. (NASDAQ: AXAS).
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