CFO Moves this week include:
|Silicon Labs||Orbitz Worldwide||Owens & Minor, Inc.|
|American Water Works Company Inc.||Higher One Holdings, Inc.||Digital Intelligence Systems, LLC|
|ASSIA, Inc.||OncoSec Medical Inc.||SnapOne, Inc.|
|CMS Energy||Mueller Industries, Inc.||NVR, Inc.|
|Altair||Shore Bancshares, Inc.||Tenex Health, Inc.|
|Mandiant||DecisionPoint™ Systems, Inc.||EnteroMedics Inc.|
|Sallie Mae||GTJ REIT, INC.||Newmont Mining Corporation|
|Portland General Electric Company||iBio, Inc.||Ignite Restaurant Group|
|Hancock Fabrics, Inc.||Staffing 360 Solutions, Inc.||InZon Corporation|
|Sunstone Hotel Investors, Inc||Kaman Corp.||Exopack Holding Corp.|
|CCA Industries, Inc|
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Silicon Labs (NASDAQ: SLAB) announced that the company’s CFO, Paul Walsh, is leaving Silicon Labs for another opportunity outside of the semiconductor industry. Silicon Labs’ former CFO and current board member, Bill Bock, will be returning to the management team as the interim CFO. Mr. Bock joined Silicon Labs’ board of directors in 2000 and then left the board when he was appointed CFO in 2006. He retired from Silicon Labs’ management team in 2011 and was invited to rejoin the board at that time. Mr. Bock currently serves on a number of public and private company boards of directors including Entropic Communications. He served as president and chief executive officer of DAZEL Corporation. Prior to DAZEL, Mr. Bock served as executive vice president and chief operating officer of Tivoli Systems. Prior to joining Tivoli, Mr. Bock successfully completed an IPO at Convex Computer Corporation as CFO in 1986 and then became senior vice president of sales in 1991. Mr. Bock also spent nine years in various finance roles at Texas Instruments including vice president and controller of TI’s data systems group.
Orbitz Worldwide (NYSE: OWW) announced the appointment of Mike Randolfi as the company’s CFO, effective March 11. Mike joins Orbitz Worldwide from Delta Air Lines, where he currently serves as senior vice president and controller. David Belmont, who has served as interim CFO, will return to his position as group vice president, financial planning and analysis.
Owens & Minor, Inc. (NYSE: OMI) announced the appointment of Richard A. (Randy) Meier as Executive Vice President & Chief Financial Officer of Owens & Minor, Inc. From 2010 to 2012, Meier served as Executive Vice President & Chief Financial Officer of Teleflex, Inc. Before joining Teleflex, he served as President & Chief Operating Officer of Advanced Medical Optics, Inc., from 2007 to 2009. Meier joined Advanced Medical Optics as Corporate Vice President & Chief Financial Officer in 2002 and continuously served as chief financial officer while simultaneously serving in a variety of finance and operations roles between 2002 and 2007. Meier also worked for Valeant Pharmaceuticals, Inc., formerly ICN Pharmaceuticals, Inc., from 1998 to 2002, where he served as Executive Vice President, Executive Vice President & Chief Financial Officer, and as Treasurer. Meier will take over for Michael W. Lowry, who briefly served as Interim Chief Financial Officer & Interim Chief Accounting Officer of Owens & Minor, from February 7, 2013, until March 1, 2013. Lowry, 51, who has worked at Owens & Minor since 1988, will resume his role as Operating Vice President, Treasurer of Owens & Minor. Meier serves on the board of BioMarin Pharmaceuticals, Inc. (NASD: BMRN), and also on the board of Staar Surgical, Inc. (NASD: STAA).
American Water Works Company Inc. (NYSE: AWK) announced that effective April 1, 2013, Susan N. Story will become its chief financial officer. Story is succeeding Ellen Wolf, who announced her retirement in January 2013. She is currently executive vice president of Southern Company. Previously, Story served as president and CEO of Gulf Power Company, a Florida subsidiary of Southern Company. She is also an independent director of Raymond James Financial.
Higher One Holdings, Inc. (NYSE: ONE) announced that Christopher W. Wolf will join Higher One Holdings, Inc. as Chief Financial Officer, effective March 5, 2013. In a previous role, Wolf served as Executive Vice President and CFO of Acxiom Corporation. He most recently served as CFO of First Advantage Background Screening. Over the last two decades, Wolf has held executive and senior advisory positions with Catalina Marketing Corporation and Boulder Brands Inc., among others.
Digital Intelligence Systems, LLC (DISYS) appointed Thomas A. Fink as DISYS’ Chief Financial Officer (CFO). Tom was the first CFO for CapitalSource Inc. Prior to CapitalSource, Tom spent 12 years in the aviation industry where he rose to become the Treasurer and then VP of Purchasing for US Airways.
ASSIA, Inc. announced the appointment of Jim Wheat as chief financial officer, replacing retiring CFO, Ray Ostby. Prior to joining ASSIA, Wheat served as CFO of SGI for four years. As CFO of Rackable Systems he was part of the senior-management team that acquired SGI. Before joining Rackable Systems, Wheat served as vice president and corporate controller at Lam Research.
SnapOne, Inc. announced that technology executive Bill Korn has joined the company as Chief Financial Officer. Korn’s was CFO of Antenna Software, Inc. He also served as President of Telelogue and as CFO and COO at INFONXX.
CMS Energy (NYSE: CMS) announced that Laura H. Wright, former senior vice president of finance and chief financial officer of Southwest Airlines, has been elected to CMS Energy’s Board of Directors. Wright also is joining the Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy. Wright will serve on the Audit Committee and Finance Committee for both Boards.
Mueller Industries, Inc. (NYSE: MLI) announced that Jeffrey A. Martin was appointed Chief Financial Officer and Treasurer. Mr. Martin has served as Interim Chief Financial Officer since October 2012. Immediately prior to his appointment as Interim Chief Financial Officer, Mr. Martin served as Vice President of Corporate Development.
NVR, Inc. (NYSE: NVR) announced that Dennis M. Seremet has retired. Mr. Seremet’s intention to retire was initially announced in May 2012. Daniel D. Malzahn assumed the role of Chief Financial Officer. Mr. Malzahn has been with NVR since 1994, most recently as Vice President of Business Planning and Investor Relations.
Altair announced the appointment of veteran financial executive Howard Morof as the company’s chief financial officer. Morof has served on the Altair board of directors for the past two years. Morof joins Altair after five years as chief financial officer of North American Bancard. Previously, he held chief financial officer roles at FMF Capital, and Broder Bros . Co., after serving as a partner at Morof Sheplow Weinstein CPAs.
Shore Bancshares, Inc. (NASDAQ: SHBI) announced that George S. Rapp has joined the bank holding company as Vice President and Chief Financial Officer. Mr. Rapp will become Chief Financial Officer of the holding company as Susan E. Leaverton transitions to a new primary role as the Chief Financial Officer of its lead subsidiary, The Talbot Bank of Easton, Maryland. Mr. Rapp served as the Chief Financial Officer and one of the four executive founders at World Currency USA in Marlton, NJ. From 2005 to 2010, Mr. Rapp was the Chief Financial Officer at Harleysville National Corporation in Harleysville, PA.
Tenex Health, Inc. announced that it has appointed Rom Papadopoulos, M.D. as Chief Financial Officer of the Company. He will also continue to serve as a member of the company’s Board of Directors. He most recently served as Managing Partner of Intuitus Group LLC.
Mandiant announced the addition of Mel Wesley as Chief Financial Officer. Mel Wesley joins Mandiant after eight years in a leadership role at OPNET Technologies, where he served most recently as senior vice president and chief financial officer until OPNET’s acquisition by Riverbed Technology in December 2012. Prior to OPNET, Mel served as corporate controller for SteelCloud, Inc. Earlier in his career, Mel worked as assistant controller for Learning Tree International, Inc..
DecisionPoint™ Systems, Inc. (OTC: DPSI) announced the appointment of the veteran financial executive Dave Goodman as Chief Financial Officer. Mr. Goodman replaces Interim CFO Paul Ross. Mr. Goodman was from 2010 to 2012 the Chief Operating Officer and Chief Financial Officer of New York-based Mercury Capital Advisors. Prior to his tenure at Mercury, Mr. Goodman was Executive Vice President and Chief Financial Officer from 2008 to 2010 of privately held New York-based Golden Source Holdings. From 2006 to 2008, he was Chief Financial Officer of a publicly traded developer and publisher of mobile games, Superscape Group PLC, based in San Clemente, CA. From 2002 through 2006, Mr. Goodman was International Finance Director and Senior Vice President Finance, for Christie’s International PLC. Previous senior financial positions were with Saddle River NJ-based Franklin Health/Personal Path Systems, SONY Music Entertainment in New York, and Milbank Tweed Hadley & McCloy.
EnteroMedics Inc. (NASDAQ: ETRM) announced that Senior Vice President and Chief Financial Officer Greg S. Lea has been appointed Chief Operating Officer. Gregory S. Lea has served as EnteroMedics’ Senior Vice President and Chief Financial Officer since May, 2007. Prior to joining the Company, Mr. Lea served as Chief Financial Officer of Pemstar Inc. from July 2002 through January 2007 when it was acquired by Benchmark Electronics, Inc. Mr. Lea also served as a director of Pemstar from April 2001 through January 2007 and held the position of Corporate Controller from April 2002 through July 2002. From 1993 to April 2002, Mr. Lea served as a corporate Vice President for Jostens Corporation, serving most recently as corporate Vice President, Business Ventures. Prior to that, Mr. Lea held several financial management and administrative positions at IBM Corporation from 1974 to 1993 and was President and a director of the Ability Building Center, Inc. from 1981 to 1993.
Sallie Mae (NASDAQ: SLM), formally SLM Corporation, announced that Joseph A. DePaulo has been named to the new position of Executive Vice President, Banking and Finance. Most recently, Mr. DePaulo served as Sallie Mae’s Executive Vice President & Chief Marketing Officer, a position he has held since joining Sallie Mae in 2009. Mr. DePaulo will succeed Jonathan C. Clark as the company’s principal financial officer. Mr. Clark joined Sallie Mae in 2008 as Senior Vice President, Corporate Finance and was appointed Executive Vice President & Chief Financial Officer in January 2011. Mr. Clark will depart the company at the end of March.
Newmont Mining Corporation (NYSE: NEM)) is conducting a search for a Chief Financial Officer to succeed Russell Ball (currently serving as Chief Financial Officer). Mr. Ball will continue to serve as Chief Financial Officer for an undetermined period of time as the Company conducts the employment search, and will then depart the Company at a date to be determined in the future.
Portland General Electric Company (NYSE: POR) appointed Maria M. Pope as the Company’s Senior Vice President of Generation, Power Supply Operations and Resource Planning. The appointment is effective March 1, 2013. Ms. Pope, has been an employee of PGE since January 2009 and has served as Senior Vice President of Finance, Chief Financial Officer and Treasurer from January 2009 to the present. Prior to joining PGE, Ms. Pope served as Vice President and Chief Financial Officer for Mentor Graphics Corporation, since July 2007. Prior to joining Mentor Graphics, Ms. Pope was Vice President and General Manager, Wood Products Division of Pope & Talbot, Inc, a pulp and wood products company, from December 2003 to April 2007. Ms. Pope served as a member of PGE’s Board of Directors from January 2006 to December 2008. During her tenure on the PGE board, she served as a member of the Audit Committee and Finance Committee. The company also appointed James F. Lobdell as the Company’s Senior Vice President of Finance, Chief Financial Officer and Treasurer. The appointment is effective March 1, 2013.
iBio, Inc. (NYSE: IBIO) appointed Scott Kain to serve as Chief Financial Officer of the Company; Douglas Beck, his predecessor as Chief Financial Officer, became a senior adviser. Mr. Kain most recently served as the Associate Director of Financial Reporting at Enzon Pharmaceuticals, Inc., a NASDAQ listed company, where he was employed since 2011. Prior to joining Enzon, Mr. Kain was employed from 2005 to 2010 at Sopherion Therapeutics LLC, where he started as Manager of Financial Reporting and ended as Director of Clinical Supply Chain.
Ignite Restaurant Group (NASDAQ: IRG) announced that Michael J. Dixon has been promoted to President and Chief Financial Officer of Ignite Restaurant Group, Inc. He was named Chief Financial Officer of Ignite Restaurant Group in January of this year.
Hancock Fabrics, Inc. (OTC: HKFI) has appointed James B. Brown, the Executive Vice President and Chief Financial Officer of the Company. Prior to Mr. Brown commencing employment with the Company, Mr. Brown was employed by Fred’s, Inc., in Memphis, where he served as Senior Vice President, Finance from November 2011 to February 2013, being promoted from his earlier positions of Vice President, Planning and Analysis which he held from June 2008 to November 2011 and Assistant Controller, which he held from February 2006 to May 2008. Prior to Fred’s, Mr. Brown was Senior Accounting Manager for Pinnacle Airlines, Inc., Corporate Controller for Rotable Asset Management, LLC, Corporate Controller for Transform Pharmaceuticals, Inc. and Assistant Controller for Dragon Systems, Inc. Mr. Brown started his Accounting career with Feeley & Driscoll, P.C., a public accounting firm in Boston, MA, and is a U.S. Marine Veteran and served in Operation Desert Storm. Larry D. Fair, the Company’s interim Chief Financial Officer, has tendered his resignation as the Chief Financial Officer, effective upon Mr. Brown’s commencing employment with the Company.
Staffing 360 Solutions, Inc. announced that Adam Wasserman resigned. The company appointed David Horin as Chief Financial Officer the Company. Mr. Horin is currently the President of Chord Advisors, LLC, an advisory firm that provides targeted financial solutions to public (small-cap and mid-cap) and private small and mid-sized companies and Chief Financial Officer of TRIG Acquisition 1, Inc. From March 2008 to June 2012, Mr. Horin was the Chief Financial Officer of Rodman & Renshaw Capital Group, Inc. From March 2003 through March 2008, Mr. Horin was the Managing Director of Accounting Policy and Financial Reporting at Jefferies Group, Inc,,
InZon Corporation (OTC: IZON) announced that Chun Ka Tsun resigned as a member of the Board of Directors and as the Chief Financial Officer of the Company.
Sunstone Hotel Investors, Inc. (NYSE: SHO) announced that John Arabia has been promoted from EVP of Corporate Strategy & Chief Financial Officer to President. The company also announced that Bryan Giglia has been promoted from SVP Finance to SVP and Chief Financial Officer. Mr. Giglia joined Sunstone in March of 2004 and has served as a key leader in Sunstone’s finance department for nine years.
Kaman Corp. (NYSE: KAMN) announced that Scott E. Kuechle has been appointed to the Board of Directors. Kuechle was the Executive Vice President and Chief Financial Officer of Goodrich Corporation until its acquisition by United Technologies Corporation in 2012. He had been with Goodrich in increasingly senior positions since 1983. He is also a member of the boards of directors of Wesco Aircraft Holdings, Inc., Esterline Corporation and Crisis Assistance Ministries of Charlotte, North Carolina.
Exopack Holding Corp. announced the appointment of Michael E. Alger as Chief Financial Officer of the Company. Mr. Alger has been employed by Sun Capital since October 2007, and currently serves as a Group CFO at Sun Capital. Mr. Alger was elected to the Company’s Board of Directors in October 2007 and currently serves as the Chairman of the Company’s Audit Committee. Mr. Alger also served as a director of Accuride Corporation from August 2009 to February 2010 and as a director of Real Mex Restaurants, Inc. from February 2008 to November 2008 and from April 2010 to October 2010. Prior to joining Sun Capital, Mr. Alger also served as the Chief Financial Officer for Indalex Aluminum Solutions from 2000 to 2007.