CFO Moves this week include:
|World Bank Group||Warner Music Group Corp.|
|TiVo Inc.||Freddie Mac||Velti|
|Regional Management Corp.||ARAG||Solera Networks|
|CytoDyn Inc.||Celator Pharmaceuticals||Republic Services, Inc.|
|FirstEnergy Corp.||Cloud Silver Lining (CSL)||Univest Corporation of Pennsylvania|
|Laredo Petroleum Holdings, Inc.||Walker & Dunlop, Inc.||Diono®|
|UDR, Inc.||Pall Corporation||Prospect Global Resources, Inc.|
|Eco-Trade Corp.||Teladoc||FleetPride, Inc.|
|Adaptive Planning||Frontier Communications Corporation||Infraredx, Inc.|
|Direct Insite||Consol Energy Inc.||Park National Corporation|
|Girl Scouts of California’s Central Coast||Gentherm Incorporated||Alliant Energy Corporation|
|Universal Truckload Services, Inc.||SurModics, Inc.|
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Twitter announced that Ali Rowghani has been named as chief operating officer (previously chief financial officer) and named Mike Gupta as chief financial officer. Before joining Twitter, Rowghani was CFO at Pixar, and Gupta held the CFO role at Zynga.
World Bank Group announced the appointment of Bertrand Badré as Managing Director for Finance and Chief Financial Officer. Badré, a French national, is currently serving as the Group Chief Financial Officer at Société Générale. Prior to joining Société Générale, Badré served as the Chief Financial Officer of Crédit Agricole SA from July 2007 to July 2011. He has also been Managing Director of Lazard and an advisor to President Chirac. Badré began his career in 1989 as Assistant Group Controller for BFI-Ibexsa, now part of Avnet. From 1995 to 1999, in the Ministry of Finance he was charged with several control, audit and consultancy missions for the French National Audit Office. In that capacity he was seconded to the World Bank in Togo in 1997. Badré later joined Lazard in London as Assistant Director in the Corporate Finance Division, and then went up the ranks becoming Vice President and later Director in Lazard’s New York office. From 2004 to July 2007, he served as Partner and Managing Director of Lazard in Paris. Badré has also served as a Director on a number of boards, including the Supervisory Board of Eurazeo between 2010 and 2012, Haulotte Group since 2005, various boards of the leading French regional daily Newspaper Group Ouest France,and represented Crédit Agricole and Société Générale on the board of a number of their subsidiaries. The appointment will be effective March 1, 2013.
Warner Music Group Corp. (NYSE: WMG) announced that Rob Wiesenthal has been appointed Chief Operating Officer/Corporate, Warner Music Group, a new position, effective January 1, 2013. Wiesenthal joins WMG from Sony Corporation where he has served in various leadership roles including Executive Vice President & Chief Financial Officer of Sony Corporation of America; Executive Vice President, Chief Strategy Officer, Sony Entertainment Inc.; and Group Executive, Sony Corporation. He was also a member of Sony Pictures Entertainment’s Operating Committee and sat on the Board of Directors for Sony Music Entertainment and Sony Ericsson.
TiVo Inc. (NASDAQ: TIVO) announced the promotion of Naveen Chopra to Chief Financial Officer (CFO). Mr. Chopra will succeed Anna Brunelle, who has resigned and after a transition period will be leaving TiVo to pursue other opportunities. Naveen Chopra is being promoted from Senior Vice President of Corporate Development and Strategy. Mr. Chopra joined TiVo in 2003, and previously worked for Moxi, Microsoft/Web TV and several start-ups.
Freddie Mac (OTC: FMCC) announced that its chief financial officer, Ross J. Kari , has informed the company of his intent to retire in the second half of 2013.
Velti (NASDAQ: VELT) announced the appointment of Jeff Ross as the company’s Chief Financial Officer. Ross joins Velti from Sybase, where he has been Chief Financial Officer since 2007 and was before Chief Accounting Officer and Corporate Controller, until its acquisition by SAP. Wilson Cheung, Velti’s current Chief Financial Officer, will remain with Velti and transition into a new role in its fast-growing Asian markets.
Regional Management Corp. (NYSE: RM) announced that it has appointed Donald (“Don”) Thomas as its new Chief Financial Officer. Previous CFO Robert D. Barry will remain with the Company to assist with the transition process and will officially retire from the Company on January 15, 2013. Mr. Thomas was most recently CFO of TMX Finance since 2010. Prior to TMX Finance, Mr. Thomas spent 17 years at 7-Eleven, Inc. in various positions, including interim CFO, Vice President, Controller and Chief Accounting Officer. He has also held positions at The Trane Company and Deloitte & Touche LLP.
Solera Networks announced that it has appointed Ken Saunders as chief financial officer. Saunders, who previously served as vice president of finance for Solera since July 2012. Prior to joining Solera Networks, Saunders served as senior vice president at S K Hart Management. Previous to Solera Networks, Saunders was CFO of Blue Line Advisors — a New York-based investment company — while also serving as interim-CFO for two of the company’s portfolio operating firms. Saunders’ career also includes positions at TNS Media Intelligence and the National Football League, including three years as COO/CFO of NFL Europe.
CytoDyn Inc. (OTC: CYDY) announced the appointment of Michael D. Mulholland as the company’s new Chief Financial Officer, Treasurer and Corporate Secretary. Prior to joining CytoDyn, Mr. Mulholland served as Chief Financial Officer of several other public companies, most recently Nautilus, Inc.
Celator Pharmaceuticals announced the appointment of industry veteran Fred M. Powell as chief financial officer. Powell joins Celator from OraPharma, Inc.. Prior to joining OraPharma, he was the chief financial officer of BMP Sunstone Corporation. Powell also held top finance and administration positions at Eximias Pharmaceutical Corporation, Innaphase Corporation, and ERT (formerly EResearch Technology).
Republic Services, Inc. (NYSE: RSG) announced that Glenn A. Culpepper has been named executive vice president and chief financial officer. Culpepper will succeed Tod C. Holmes, who last April announced his intention to retire in 2013. Culpepper joins Republic from Summit Materials, where he has been CFO for the last two years. Prior to that, Culpepper spent 21 years at CRH PLC, including two years as its principal financial officer and member of its board of directors, and 13 years as the CFO of its North American operations, Oldcastle Materials.
FirstEnergy Corp. (NYSE: FE) announced that Mark T. Clark , executive vice president and chief financial officer (CFO), will become executive vice president, Finance and Strategy, and James F. Pearson , senior vice president and treasurer, will become senior vice president and CFO. Clark joined the company in 1976, and has held positions as treasurer, division manager, director of Marketing, vice president of Business Development and senior vice president of Strategic Planning and Operations. He was elected to his current position in 2009. Pearson has been with the company since 1976 and has served in numerous financial positions, including group controller for FirstEnergy Solutions, FirstEnergy’s competitive subsidiary, and the Strategic Planning and Operations group. He has been treasurer since 2005 and was elected to his current position earlier this year.
Cloud Silver Lining (CSL) announced the appointment of Tom Heise to the post of Chief Financial Officer. Heise is co-founder and a member of the Board of Directors of Pristine Consulting. Prior to founding Pristine, Heise co-founded and served as President of RiveNet.com.
Univest Corporation of Pennsylvania (NASDAQ: UVSP), parent company of Univest Bank and Trust Co. and its insurance, investments and equipment financing subsidiaries, named Michael S. Keim as executive vice president and chief financial officer for Univest Corporation and Univest Bank and Trust Co., effective January 1, 2013. Keim joined Univest Bank and Trust Co. in 2008 and most recently held the position of senior vice president, Mortgage Banking. Prior to joining Univest, he was a self-employed consultant working with a private equity firm to develop and implement a bank acquisition strategy. Keim also spent 14 years working for GMAC Residential where he had varied responsibilities including senior vice president and managing director of Consumer Lending, chief financial officer and executive vice president and chief operating officer of GMAC Bank.
Laredo Petroleum Holdings, Inc. (NYSE: LPI) announced that its Board of Directors has appointed Richard C. Buterbaugh Executive Vice President and Chief Financial Officer of the Company. W. Mark Womble, who has served as Senior Vice President and Chief Financial Officer of Laredo since 2007, will retire the end of March 2013. Buterbaugh has served as Senior Vice President – Investor Relations of the Company since June 2012. Prior to joining Laredo, Buterbaugh served as Vice President of Corporate Planning for Kerr-McGee Corporation until its merger with Anadarko Petroleum and as Vice President of Investor Relations for Quicksilver Resources, Inc.
Walker & Dunlop, Inc. (NYSE: WD) announced that Deborah A. Wilson will step down as Executive Vice President, Chief Financial Officer and Treasurer effective March 31, 2013. Ms. Wilson will stay on through the completed audit of the Company’s 2012 financial statements and filing of the 2012 Form 10-K with the SEC.
Diono®announced the appointment of Darrell Jenkinson as Chief Financial Officer. Before joining Diono as CFO, Darrell held the position of Corporate Controller at Distant Lands Coffee in Renton, Washington for fourteen years.
UDR, Inc. (NYSE: UDR) that Tom Herzog will join the Company as Chief Financial Officer (“CFO”) and Senior Vice President effective January 1, 2013. Prior to accepting the CFO position at UDR, Mr. Herzog served as CFO at Amstar, a Denver-based real estate investment company. Mr. Herzog’s experience in the public REIT sector includes serving as CFO for two S&P 500 companies, HCP, Inc. (2009-2011) and AIMCO (2005-2009). Prior to his CFO experience, Mr. Herzog held the position of Chief Accounting Officer at AIMCO (2004-2005), served as an executive with GE Real Estate for four years, and prior to this, served in multiple capacities at the accounting firm Deloitte & Touche for 10 years.
Pall Corporation (NYSE: PLL) announced that Lisa McDermott, Chief Financial Officer and Treasurer, will be leaving the Company effective March 10, 2013, in order to pursue other interests.
Prospect Global Resources, Inc. (NASDAQ: PGRX) announced the appointment of Damon G. Barber as Chief Financial Officer. Mr. Barber is former Chief Executive Officer of CST Mining Group Limited. During this time, Mr. Barber also served as Chairman of Marcobre S.A.C., a joint venture between CST and Korea Resources Corporation and LS Nikko. Prior to joining CST, Mr. Barber was a Managing Director at Deutsche Bank and served as the Head of Deutsche Bank’s Metals and Mining investment banking practice in Asia-Pacific. Mr. Barber also spent more than 11 years at Credit Suisse, including almost 10 years as an investment banker in Credit Suisse’s Energy Group.
Eco-Trade Corp. (OTC: BOPT) announced that John Pinsent has been appointed to the Company’s Board of Directors and as the Company’s CFO. Mr. Pinsent has held Director, Audit Committee and Chair positions for numerous publicly-listed companies including Liberty Mines Inc., Hyduke Energy Services, Synodon Inc., Innovotech Inc., and Enterprise Oilfield Group.
Teladoc announced the appointment of Mark Hirschhorn as executive vice president and chief financial officer. Hirschhorn most recently served as CFO of RCS and Media Monitors. Hirschhorn’s experience also includes financial leadership roles at RSL Communications, Deltathree Communications and Deloitte LLP.
FleetPride, Inc. announced that it has appointed Jeff Liaw as Chief Financial Officer. Liaw comes to FleetPride after seven years as a principal with TPG, which recently invested in FleetPride. Prior to TPG, he was an associate at Bain Capital, a private equity investment firm. Liaw serves or has served on private and public company boards of directors, including American Tire Distributors, Armstrong World Industries, Energy Future Holdings (formerly TXU), Graphic Packaging, and Oncor Electric Delivery.
Adaptive Planning announced the appointment of David Pefley as its Chief Financial Officer. Pefley brings solid experience in CFO and senior financial leadership roles at large, global, high-growth software and technology companies including Aspect Development, KLA-Tencor, National Semiconductor, Yield Dynamics, Virtutech (acquired by Intel), and Daisy Systems.
Frontier Communications Corporation (NASDAQ: FTR) announced that John M. Jureller will join the company, succeeding Don Shassian, Executive Vice President and Chief Financial Officer who has announced his resignation. From 2008 through 2012, Mr. Jureller was Senior Vice President, Finance and Operations for the Resources Group of General Atlantic LLC. Before this, he was Chief Financial Officer of WestPoint International, Inc. From 2003 through 2006, Mr. Jureller was with ALIXPARTNERS LLC. Previously, he was Chief Financial Officer of Trans-Resources, Inc; Senior Vice President, Corporate Development at Gartner, Inc.; and Senior Vice President, Finance and Corporate Development at Caribiner International, Inc. Early in his career, Mr. Jureller held increasingly senior financial roles at PepsiCo World Trading Company, Inc., Emcor Group, Inc., and General Electric Capital Corporation. Mr. Jureller began his career in finance at Bankers Trust Company. He is a member of the White Plains Hospital Board Finance Committee in White Plains, New York.
Infraredx, Inc. announced the appointment of Michael Guarasci as chief financial officer. Mr. Guarasci joins Infraredx from Indus Capital Partners LLC, where he was chief operating officer. Prior to Indus, Mr. Guarasci held leadership positions at the Credit Suisse U.S. Asset Management division, serving as a managing director and chief financial officer.
Direct Insite (OTC: DIRI) announced that the Company has appointed Jeff Yesner to the positions of Chief Financial Officer, Secretary and Treasurer. Mr. Yesner replaces Sandra Wallace, who resigned as Vice President Finance, Acting Chief Financial Officer, Secretary and Treasurer. Prior to joining Direct Insite, Mr. Yesner was a consultant with Steven Douglas Associates, working as an interim chief financial officer for a consumer products manufacturer and distributor. Mr. Yesner was previously Chief Financial Officer of Options Media Group Holdings and its wholly-owned subsidiary Phoneguard, Chief Accounting Officer of Medical Staffing Network Holdings, Manager of Financial Reporting for Time Warner, and U.S. Controller and Director of Financial Reporting for Agency.com.
CONSOL Energy Inc. (NYSE: CNX) announced that William J. Lyons, Executive Vice President and Chief Financial Officer will retire on March 1, 2013. After his retirement, the Company expects that Mr. Lyons will remain a consultant to the Company through December 31, 2013. On December 14, 2012, the Board elected David M. Khani, the Company’s Vice President-Finance, to serve as the Company’s Chief Financial Officer effective upon the retirement of Mr. Lyons on March 1, 2013, and at which time he will become an executive officer of the Company. Mr. Khani has been the Company’s Vice President-Finance since July 20, 2011. From February 2007 to July 2011, Mr. Khani was the Director and then the Co-Director of Research at FBR Capital Markets & Co. Prior to that time, Mr. Khani served as the Managing Director and Co-Group Head of FBR’s Energy and Natural Resources Group.
Park National Corporation (NYSE: PRK) announced the retirement of its Chief Financial Officer John W. Kozak. While it was previously reported that Mr. Kozak would retire in April 2013, Mr. Kozak has been pleased with the transition of the Chief Financial Officer duties and decided that he was ready to retire from both Park and The Park National Bank. Park’s Chief Accounting Officer Brady T. Burt will succeed Kozak.
Girl Scouts of California’s Central Coast announced the appointment of Nancy Tillie as Chief Financial Officer. Tillie most recently held the position of CFO/COO for the Cabrillo Economic Development Corporation, and prior to that, she served as CFO for the Council on Alcoholism and Drug Abuse.
Gentherm Incorporated (NASDAQ: THRM) announced that senior automotive finance and operations executive Lewis Booth has been named to its Board of Directors, effective January 1, 2013. Booth is the former Executive Vice President and Chief Financial Officer (CFO) of Ford Motor Company, a position he held for over three years until his retirement from the company in April of this year. During his 34-year career at Ford, he served in increasingly responsible management positions. In May 2011, Booth joined the Board of Directors of Rolls-Royce Holdings and is Chairman of the Audit Committee. He joined the Board of Mondelez International in October 2012 and is a member of the Audit Committee. Booth will serve as a member of Gentherm’s Audit and Nominating Committees.
Alliant Energy Corporation (NYSE: LNT) announced the promotion of Thomas Hansonto Senior Vice President and Chief Financial Officer. Tom Hanson was most recently Vice President and CFO.
Universal Truckload Services, Inc. (NASDAQ: UACL) announced that it has appointed David Crittenden as Chief Financial Officer. Bob Sigler , Universal’s previous CFO, will serve as Executive Vice President. Mr. Crittenden joined LINC as its CFO in August 2006. Prior to joining LINC in 2006, Mr. Crittenden was a vice president of MSX International, Inc. He has held development positions at MascoTech, Deloitte Consulting and Corporate Capital Group.
SurModics, Inc. (NASDAQ: SRDX) announced the appointment of Andy LaFrence as the company’s Vice President of Finance and Chief Financial Officer, effective February 12, 2013. LaFrence will succeed Timothy Arens, who currently serves as interim Chief Financial Officer. Arens will remain with the company and will transition into the role of Vice President of Corporate Development and Strategy. LaFrence most recently served as Chief Financial Officer of CNS Therapeutics, which was recently acquired by Covidien. Prior to that, he was an audit partner at KPMG.