CFO Moves this week include:
|The Hershey Company||Chiquita Brands||CNBC|
|Vonage Holdings Corp.||Nutrisystem||Avid|
|Health Revenue Assurance Holdings Inc.||EnerNOC, Inc.||MicroVision, Inc.|
|K12 Inc.||The RealReal||Cox Enterprises, Inc.|
|Visible Technologies||Lumeta Corporation||CoverMyMeds, LLC|
|WebiMax||Global Partners LP||Datawatch Corporation|
|Vringo, Inc.||The Children’s Place Retail Stores, Inc.||Naugatuck Valley Financial Corporation|
|JGWPT Holdings LLC||Viewster||Safeguard Scientifics, Inc.|
|Kastle Systems International||Kirby Corporation||Champions Oncology, Inc.|
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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO Specialist with Stanton Chase International). Samuel can be reached by email at email@example.com or by phone at +1 (415) 738-2070.
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The Hershey Company (NYSE: HSY) announced that Humberto P. Alfonso, will become President, International. Alfonso currently serves as Hershey’s Chief Financial Officer and Chief Administrative Officer. The company also announced that David W. Tacka, will become Senior Vice President, Chief Financial Officer. Tacka has held senior executive positions within the company, including Chief Accounting Officer.
Chiquita Brands (NYSE: CQB) announced the appointment of Rick Frier as the company’s senior vice president and chief financial officer. He will assume his new position immediately upon the filing of the company’s first quarter financial report and will serve as senior vice president, finance, until that time. He succeeds Brian W. Kocher who, as previously announced, will become chief operating officer (COO) for Chiquita. Prior to joining Chiquita, he served as director, executive vice president and chief financial officer of Catalina Marketing Corp. Before joining Catalina, he served as director, chief financial officer and chief operating officer of Mattress Discounters Inc., a Bain Capital portfolio company
CNBC announced that KC Sullivan has been appointed President & Managing Director, CNBC International, effective 8 May 2013. Sullivan joined CNBC in August 2009 as Senior Vice President and Chief Financial Officer responsible for leading the finance operation globally for CNBC. Prior to joining CNBC, Sullivan served as Global Supply Chain Finance Manager for GE Healthcare Medical Diagnostics. Sullivan joined GE’s Corporate Audit Staff in 2002. Since October 2012 he has been the CFO of the NBC News Group.
Vonage Holdings Corp. (NYSE: VG) announced the appointment of David T. Pearson as Chief Financial Officer and Treasurer. Mr. Pearson joins Vonage from Deutsche Bank, where he spent more than nine years as a Managing Director and was Global Media & Telecom Group Head. Prior to joining Deutsche Bank, he worked at Goldman, Sachs & Co. for nine years, leaving as a Managing Director in the firm’s Technology, Media & Telecommunications practice.
Nutrisystem (NASDAQ: NTRI) announced that Michael P. Monahan will join the company as Chief Financial Officer effective May 22, 2013. Since 2009 Mr. Monahan has served as Chief Financial Officer of PetroChoice Holdings, Inc. His appointment as Nutrisystem’s CFO represents a return to the company for Mr. Monahan, who served as Nutrisystem’s Vice President of Finance from 2006 to 2009 prior to joining PetroChoice.
Avid (NASDAQ: AVID) announced that John Frederick has become Avid’s executive vice president, chief financial officer and chief administrative officer. Before joining Avid as chief of staff in February 2013, Mr. Frederick was corporate executive vice president and chief financial officer of Open Solutions, Inc., which was acquired in January 2013 by Fiserv, Inc. Ken Sexton will transition from his role as executive vice president, chief financial officer and chief administrative officer to become a consultant with the company. Earlier in his career, Mr. Frederick served as senior vice president and CFO of SafeNet, Inc. Additionally, he held a variety of senior financial, business planning, and analysis roles at organizations including AlliedSignal, now Honeywell, Time Warner – Six Flags, Sunbeam Corporation, and Legrand North America.
Health Revenue Assurance Holdings Inc. (OTC: HRAA) announced the addition of Evan McKeown as Chief Financial Officer (“CFO”). Prior to joining HRAA, Mr. McKeown worked at several companies that include: Perry Baromedical, National Healing Corporation, and Applied Digital.
EnerNOC, Inc. (NASDAQ: ENOC) announced the appointment of Neil Moses as the company’s Chief Financial Officer. Moses spent seven years at PTC, which he joined in 2003 as Executive Vice President and Chief Financial Officer. Following PTC, Moses served as Dunkin’ Brands’ Chief Financial Officer. Prior to PTC, Moses served as executive vice president and chief financial officer at Axcelis Technologies.
MicroVision, Inc. (NASDAQ: MVIS) announced the appointment of Stephen P. Holt, Chief Financial Officer. Holt most recently served as Chief Financial Officer at PixelOptics.
K12 Inc. (NYSE: LRN) announced that Harry T. Hawks, Executive Vice President and Chief Financial Officer, has informed the Board of his plans to leave the Company before the end of the fiscal year. Mr. Hawks joined K12 in 2010 with extensive corporate finance and development experience.
The RealReal announced the appointment of Matthew Gustke as Chief Financial Officer. Gustke joins The RealReal from StubHub, an eBay company, where he was CFO and head of strategy. Prior to StubHub, he spent 9 years at eBay in a variety of roles including investor relations, international finance and CFO for eBay SENE markets.
Cox Enterprises, Inc. announced that Jimmy W. Hayes, president and CEO since 2008, will retire from Cox in April, 2014 as part of the company’s long-term, succession plan. Effective May 1, John M. Dyer will be named chief operating officer of Cox Enterprises and will succeed Hayes as president and chief executive officer upon Hayes’ retirement next year. A 36-year Cox veteran, Dyer currently serves as executive vice president and chief financial officer of Cox Enterprises, a position he has held since 2008. He is a member of the Cox Enterprises board of directors. Douglas E. Franklin will succeed Dyer to become executive vice president and chief financial officer of Cox Enterprises, effective May 1. Franklin currently serves as president of Cox Media Group, a position he has held since 2011.
Visible Technologies announced the appointment of Laurie Cansler as Chief Financial Officer. Previously she was CFO at Likewise Software, Inc. Prior to her tenure at Likewise, Cansler was an analyst with Brueggerman and Johnson, and spent 11 years at AT&T where she was a Director on the Corporate Finance Team.
Lumeta Corporation announced that Kathy Kinnamon has joined as Chief Financial Officer. Kathy comes from AEP Networks where she successfully completed the sale of AEP Networks to Ultra Electronics Holdings, Plc in September 2011.
CoverMyMeds, LLC announced that Theodore W. Frank has been named chief financial officer (CFO). Prior to CoverMyMeds, Frank was COO/CFO of SparkBase. Before SparkBase, Frank was a venture partner for JumpStart.
Global Partners LP (NYSE: GLP) announced the retirement, effective June 30, 2013, of Thomas J. Hollister as Chief Financial Officer, Chief Operating Officer and Director. The company has promoted Treasurer Daphne H. Foster to CFO. Foster joined Global in 2007 and was elected Treasurer in 2010. Her experience in the petroleum products industry includes several years as a Vice President in the Energy and Utilities Division of Bank of Boston. She started her banking career in 1982 at Bank of Boston and later joined Citizens Financial Group, where she oversaw the Loan Officer Development Program.
Datawatch Corporation (NASDAQ: DWCH) announced the appointment of James Eliason as Chief Financial Officer and Treasurer. Most recently he served as CFO of Qvidian Corporation. From 2008 to 2011, he served as CFO of Desktone, Inc. From 2004 to 2008, he served as CFO of Empirix, Inc.
Vringo, Inc. (NYSE: VRNG) announced that Anastasia Nyrkovskaya will join the Company as the Chief Financial Officer on May 6, 2013. Ellen Cohl will remain Vringo’s Principal Accounting Officer through the filing of the Company’s quarterly report for the first quarter of 2013 on Form 10-Q on or before May 15, 2013. Ms. Nyrkovskaya has over fifteen years of accounting experience, and most recently served as Vice President and Assistant Global Controller at NBCUniversal. Previously, she was Vice President, Corporate Finance and Business Development, where she structured M&A transactions and partnerships.
The Children’s Place Retail Stores, Inc. (NASDAQ: PLCE) announced that Michael Scarpa, Chief Financial Officer, has also been appointed Chief Operating Officer, effective immediately. Prior to joining The Children’s Place, Mr. Scarpa had more than 30 years of financial and operational management experience, most recently as Chief Operating Officer and Chief Financial Officer of The Talbots, Inc. Prior to Talbots, Mr. Scarpa was Chief Operating Officer of Liz Claiborne, Inc.
Naugatuck Valley Financial Corporation (NASDAQ: NVSL), the holding company for Naugatuck Valley Savings and Loan (the “Bank” or “Naugatuck Valley”), announced the appointment of James Hastings as Chief Financial Officer of both the Company and the Bank. Thomas Van Lenten had been serving as Interim Chief Financial Officer of both the Company and the Bank. Mr. Hastings will also serve as an Executive Vice President of both the Company and the Bank. Mr. Hastings joins Naugatuck Valley from Southern Community Financial Corporation, the holding company for Southern Community Bank and Trust (Winston Salem, North Carolina), where he served as Chief Financial Officer. Earlier in his career he served as President and Chief Executive Officer of Federal Savings Bank (Dover, New Hampshire), Senior Vice President and Director of Mortgage Banking of Cape Cod Five Cents Savings Bank (Orleans, Massachusetts), Chief Financial Officer and Treasurer of Heritage Financial Corporation (Seattle, Washington), Vice President – Finance, Real Estate Group of Seafirst Corporation (Seattle, Washington), and Controller of Seafirst Community Banking Corporation (Seattle, Washington).
JGWPT Holdings LLC, the holding entity for the J.G. Wentworth and Peachtree Financial Solutions companies, announced the appointment of John R. Schwab as Executive Vice President and Chief Financial Officer. John comes to JGWPT Holdings from Expert Global Solutions, Inc., formally NCO Group, Inc., from 2004 until 2012 where he held senior positions including Executive Vice President and Chief Financial Officer and Executive Vice President of Corporate Strategy.
Viewster appointed Helen Biggart as CFO. Biggart previously worked at Touch Clarity. Before this, Helen worked at GE Capital Europe in the corporate acquisitions team and then moved to the private equity group.
Safeguard Scientifics, Inc. (NYSE:SFE) announced that Jeffrey B. McGroarty, who joined the Company in 2005 as Vice President and Corporate Controller, was named Senior Vice President and Chief Financial Officer. Mr. McGroarty succeeds Stephen T. Zarrilli who was named President and Chief Executive Officer of Safeguard in November 2012. Prior to joining Safeguard in December 2005, Mr. McGroarty was interim Controller at Cephalon, Inc. Before that, he was Vice President, Financial Planning and Analysis at Exide Technologies.
Kastle Systems International announced that they have appointed Steve Yevich as their Chief Financial Officer (CFO). Yevich previously served as the ranking finance executive with Brink’s Home Security, becoming Executive Vice President and Chief Financial Officer for Brink’s Home Security Holdings, Inc. until it was acquired by Tyco International in 2010.
Kirby Corporation (NYSE: KEX) announced that Joe Pyne, Kirby’s Chairman and Chief Executive Officer, announced that he has decided to step down as Chief Executive Officer early next year. The company plans that David Grzebinski, Kirby’s current Executive Vice President and Chief Financial Officer. Will be the new CEO at that time.
Champions Oncology, Inc. announced that its Chief Financial Officer and Executive Vice President, Gary G. Gemignani, informed the company of his intention to resign. Mr. Gemignani has agreed to remain as the Company’s Chief Financial Officer for a transition period while the Company searches for a new Chief Financial Officer.
Avantair, Inc. announced that Bret A. Holmes was appointed Chief Financial Officer of the Company. Prior to joining the Company, Mr. Holmes was the Chief Financial Officer at Eleets Transportation Co., Inc. and related entities from June 2009 through December 2012. Mr. Holmes served as Chief Financial Officer for Aslan Development from March 2006 to June 2009 and Chief Financial Officer at Watson Custom Home Builders from October 2004 to March 2006.