CFO Moves this week include:
|Ansell Limited||Innophos Holdings, Inc.||Las Vegas Sands Corp.|
|Navistar International Corporation||U.S. Cellular||Lux Capital|
|Tessera Technologies, Inc.||Liquidia Technologies||TSG Consumer Partners LLC|
|SandRidge Energy, Inc.||NxStage Medical, Inc.||The National Marrow Donor Program|
|MediaBrix||Milestone Apartments REIT||Navarre Corp.|
|Applied Micro Circuits Corporation||Hinshaw & Culbertson LLP||Novavax, Inc.|
|Gordon Silver, LLC||Ingram Content Group||Leedo Cabinetry|
|Neebo, Inc.||Cross Match Technologies, Inc.||Image Sensing Systems, Inc.|
|Respect Your Universe, Inc.||Westell Technologies, Inc.||Tellabs|
|Fibrocell Science, Inc.||Flux Power® Holdings, Inc.||Directravel 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 International). Samuel can be reached by email at firstname.lastname@example.org or by phone at +1 (415) 738-2070.
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Ansell Limited announced that it has named Neil I. Salmon as Chief Financial Officer (CFO). Mr. Salmon will take on the role effective July 15, 2013. Salmon replaces Francois Le Jeune who was acting CFO. Mr. Salmon is a native of the United Kingdom where he spent the first years of his career with Imperial Chemical Industries (ICI), serving in operational finance leadership positions across various ICI regions and business units in the UK, South Africa, the United States and Singapore. Most recently, Mr. Salmon was the CFO of Innophos Holdings.
Innophos Holdings, Inc. (NASDAQ: IPHS) announced that Neil I. Salmon, Vice President and Chief Financial Officer, will be leaving the Company to assume the position of Chief Financial Officer at Ansell Limited. Mr. Salmon will remain CFO of Innophos until July 15, 2013 to help ensure a smooth transition. Mark Feuerbach, Vice President, Investor Relations, Treasury, Financial Planning & Analysis, will assume the CFO role on an interim basis. Mark has extensive knowledge of the industry with 24 years of experience and served as Innophos’ CFO on two prior occasions.
Las Vegas Sands Corp. announced that effective July 31, 2013, Kenneth J. Kay will no longer serve as the Executive Vice President and Chief Financial Officer.
Navistar International Corporation (NYSE: NAV) announced that Andrew J. (A. J.) Cederoth, the company’s executive vice president and chief financial officer (CFO), will be leaving Navistar at the end of the month as part of a planned transition to a new CFO. Cederoth has served as the company’s CFO since September 2009. James M. Moran, Navistar senior vice president and treasurer, will oversee the company’s financial operations and functions on an interim basis.
U.S. Cellular (NYSE: USM) announced that it has appointed Kenneth R. Meyers president and chief executive officer (CEO). Meyers has been executive vice president and chief financial officer (CFO) of Telephone and Data Systems, Inc. (NYSE: TDS). Meyers joined U.S. Cellular in 1987 and held several senior management positions, including executive vice president and CFO. Meyers became executive vice president and CFO of TDS in 2007.
Lux Capital announced that Karen Eliadis has joined the firm as its Chief Financial Officer (CFO). Karen was most recently the Chief Financial Officer of BlueRun Ventures. She was previously Director of Finance of Sofinnova Ventures. Before joining Sofinnova, Karen was Managing Director, Finance for a private equity firm and held senior finance positions at several large organizations. Karen is actively involved in the venture community, leading as chair and board member of VCBC, and serving on several committees of the NVCA CFO Task Force. In July, Karen will join the board of the West Coast Chapter of the Private Equity CFO Association.
Tessera Technologies, Inc. (NASDAQ:TSRA) announced the appointment of John Allen as acting chief financial officer (“CFO”). Allen succeeds C. Richard Neely, Jr., whose tenure as the Company’s executive vice president and CFO ended. Allen has served as senior vice president and corporate controller for the Company since December 2012. Before that, Allen served as vice president, corporate controller and chief accounting officer of Corsair Components, Inc. from July 2010 to December 2012. From January 2004 to June 2010, Allen served as corporate controller and as CFO of Leadis Technology, Inc. Allen has also served in finance and accounting roles for a number of other publicly-traded technology companies, including Advanced Micro Devices, Xilinx, and Asyst Technologies.
TSG Consumer Partners LLC announced the appointment of R. Wallace Wertsch as Chief Financial Officer and Chief Compliance Officer. Wertsch joins TSG Consumer Partners after a thirty-five year career at Deloitte, LLP where he served as a senior partner in their tax practice.
Okta announced the appointment of Bill Losch as its first chief financial officer. Prior to Okta, Losch served as CFO at MobiTV, Inc. Losch also served as the chief accounting officer at DreamWorks Animation, SKG, Inc., as vice president of finance and chief accounting officer at Yahoo! Inc., and has held various leadership positions at Universal Studios, Inc. and KPMG.
Zenoss Inc. announced that John Whitmarsh has joined the company as Chief Financial Officer (CFO). Whitmarsh’s past experience includes being the CFO at MessageOne Inc. Whitmarsh also held CFO roles at Misys Healthcare Transaction Services, Digital Motorworks, Inc., Century Payments, and Invodo, Inc. He is a CPA and began his career in audit, tax and corporate transactions with international CPA firm KPMG.
Qvidian announced that D. Tyler Drolet has joined as Chief Financial Officer. Prior to Qvidian, Tyler held CFO and senior financial positions with Active Endpoints (acquired by Informatica), BlueShift Technologies (acquired by Brooks Automation) and Groove Networks (acquired by Microsoft) and earlier experience with Internet and instrument companies. He also currently serves on the Board of Directors of the North Shore Technology Council.
SandRidge Energy, Inc. (NYSE: SD) announced the appointment of Eddie LeBlanc to the role of Executive Vice President and Chief Financial Officer. Mr. LeBlanc will fill the role of CFO that was vacated when James Bennett was recently named Chief Executive Officer and President. Mr. LeBlanc served as Chief Financial Officer at each of East Resources Inc. (2010 – 2013), Oklahoma City-based PostRock Energy Corporation (2009 – 2010), Ascent Energy Company (2003 – 2007), Range Resources Corporation (2000 – 2003), and Coho Energy, Inc. (1995 – 1999).
NxStage Medical, Inc. (NASDAQ: NXTM) announced that Matthew W. Towse has been appointed Senior Vice President and Chief Financial Officer, and Robert S. Brown, former Senior Vice President and Chief Financial Officer, has been named President of NxStage Kidney Care, Inc. Mr. Towse served as Vice President and Chief Financial Officer of Vette Corp. from 2006 until its acquisition by a strategic buyer in 2012. From 2003 to 2005, he served as Senior Vice President and Chief Financial Officer of Fairchild Semiconductor International, Inc. Previously, Mr. Towse served as Fairchild’s Vice President and Corporate Treasurer from 1997 to 2003, and held various financial management positions with National Semiconductor from 1991 to 1997 before becoming part of the team that spun-out Fairchild from National. Most recently, he served as an Interim CFO with Tatum, LLC.
The National Marrow Donor Program® and Be The Match® announced that Amy Ronneberg will be joining the organization on July 15 as chief financial officer (CFO). Ronneberg was most recently executive vice president, CFO and chief operating officer (COO) of North American Membership Group, a private equity-owned media company. Previously, Ronneberg spent 12 years at Capella University.
MediaBrix announced the appointment of Glen Sussman as the company’s Chief Financial Officer. Prior to joining MediaBrix, Sussman served as a CFO consultant and Board Advisor to various technology start-ups in New York and San Francisco. Prior, he was the CFO of Double Fusion. Before Double Fusion, Sussman was CFO and COO of GameTrust which was acquired by Real Networks in 2007. He currently serves as Board Advisor to technology ventures, including Adamant Technologies and Klick Push, and is a Partner at UpVentures, a New York real estate and investment firm.
Milestone Apartments REIT (TSX: MST.UN) announced the appointment of Ryan Newberry as Chief Financial Officer, effective August 15, 2013. Mr. Newberry will succeed outgoing CFO, Chris Phillips, who will remain with Milestone until September 30, 2013, to ensure a seamless transition. Mr. Newberry was formerly Assistant Vice President, Finance, at The Republic Group.
Navarre Corp. (NASDAQ: NAVR) has appointed Terry J. Tuttle as chief financial officer. Terry joins Navarre after serving as a partner in the accounting firm of Weston & Tuttle. He previously served as COO Troll Communications. Prior to Troll, Tuttle served as CFO Bell Sports. He has also served in various senior financial positions for two NYSE companies, as well as CFO of McMullen Argus Publishing (a division of PRIMEDIA) and vice president of finance for The Petersen Companies. Tuttle will succeed Diane Lapp, who is resigning due to the upcoming relocation of Navarre’s corporate headquarters from Minneapolis to Dallas.
Applied Micro Circuits Corporation (NASDAQ: AMCC) announced the retirement of Robert G. Gargus, Chief Financial Officer. Shiva Natarajan, Chief Accounting Officer and Controller, will serve as Interim CFO. Gargus has served as AppliedMicro’s Chief Financial Officer for the last 8 years.
Hinshaw & Culbertson LLP announced that Robert P. Johnson has joined the firm as its Chief Financial Officer (CFO). Mr. Johnson comes to Hinshaw from the law firm of Locke Lord LLP, where he was CFO since 2008. Prior to his time with Locke Lord, Mr. Johnson held various senior level controller roles with Accenture, in Chicago, from 1997 – 2008. Before that, he was International Controller with Liquid Carbonic Industries Corp. from 1991 – 1997, and a Tax Senior Manager with Price Waterhouse from 1984 – 1991.
Novavax, Inc. (NASDAQ: NVAX) announced the appointment of Barclay A. “Buck” Phillips to the position of Senior Vice President and Chief Financial Officer. Prior to joining Novavax, Mr. Phillips was Senior Vice President and Chief Financial Officer of Micromet, Inc. which was acquired by Amgen in 2012. Previously, he was Managing Director of Vector Fund Management and a Biotechnology Analyst and Director of Venture Investments at Invesco Funds Group, Inc.
ProPhotonix Limited (OTC:STKR) announced that Philip Feeley, Corporate Controller, has been appointed acting Chief Financial Officer. Prior to that, Mr. Feeley was controller for GE, General Eastern Instruments from 1994 – 2004.
Cogniance announced Marty McFarland as Chief Financial Officer. Before joining Cogniance, Marty was CFO for three years of PacketMotion. Prior to that Marty served for three years as CFO of Kasenna, and before that, he was Corporate Controller of Harmonic. He also served as CFO of CAD Solutions, and held financial management positions at Phoenix Technologies, Western Digital and National Semiconductor.
Imtra announced the hire of Jeff Vancura to be the company’s next Chief Financial Officer (CFO). Mr. Vancura has held similar roles for Double E Company, TPI Composites and Mettler-Toledo Thornton. Mr. Vancura was selected following an extensive search after Ned Rogerson, Imtra’s CFO for over twenty-three years, announced he would retire.
Gordon Silver, LLC announced that Andrew S. Zimmerman has joined the firm as Chief Financial Officer, and will be located in Las Vegas. Prior to joining the firm, Zimmerman was the Chief Financial Officer and minority shareholder of Mission Industries. Zimmerman also served as the CFO of Palace Casinos in Biloxi, Mississippi and Galaxy Gaming, Inc.
Ingram Content Group announced that Brian Dauphin, Senior Vice President of Ingram’s Lightning Source Inc., will become the company’s Chief Financial Officer on July 1. Mr. Dauphin will succeed Frank A. Kerrigan, who has served as Ingram’s CFO since 1996. Mr. Kerrigan has announced his intent to retire next year. Effective July 1, he will become Senior Vice President, for a transition period. Mr. Dauphin is currently the Senior Vice President of Ingram’s Lightning Source Inc. Mr. Dauphin joined Ingram in 1999 as Controller for Lightning Source. He was appointed Vice President and Controller of Lightning Source in 2003, Senior Vice President for Finance in 2004, and Senior VP Finance for Ingram Content Group in 2012. Before joining Ingram, Mr. Dauphin was the co-founder and CFO of Carelink Health Partners.
Leedo Cabinetry announced that Howard Maymon has joined Leedo as Chief Financial Officer (CFO). Howard was most recently CFO and interim CEO of ACProducts, Inc. (dba Armstrong Cabinets Products). Former CFO, Jonathan Risch, has assumed the newly created role of Chief Commercial Officer (CCO).
Neebo, Inc. (OTC: NEEB), beneficial owner of Nebraska Book Company, Inc., announced that its Chief Financial Officer, Alexi Wellman, is no longer with the Company. The Company expects to fill the CFO role within the next 30 days.
Cross Match Technologies, Inc. announced today that Joseph Kuhn has joined the company as chief financial officer. Mr. Kuhn joins Cross Match from IntelliDyne, LLC, where he was executive vice president and chief financial officer. Previously he served as CFO at several leading venture- or private equity-backed businesses, including NextPoint Networks, and Mobile 365, Inc., and at publicly-held OPNET Technologies, Inc.
Image Sensing Systems, Inc. (NASDAQ: ISNS) announced that it has named Dale E. Parker as its Chief Operating Officer, Chief Financial Officer and Treasurer. Parker will continue to serve on the Image Sensing Systems board. Parker replaces Gregory R. L. Smith, who has resigned his position with Image Sensing Systems. Parker has served on the board of directors of HickoryTech Corporation, since 2006, and has chaired that corporation’s board since January 2011. He served as interim chief financial officer of Ener1, Inc., from 2011 until 2012. Previously he served in numerous chief financial officer and vice president roles for manufacturing companies.
Respect Your Universe, Inc. announced that it has appointed James R. Nowodworski as its Chief Financial Officer of RYU, effective July 23, 2013. Mr. Nowodworski was Chief Financial Officer of Lucy Activewear, Inc. Mr. Nowodworski will replace Aaron Loreth, who resigned as Chief Financial Officer.
Westell Technologies, Inc. (NASDAQ: WSTL) announced the appointment of Tom Minichiello as the company’s new Senior Vice President and Chief Financial Officer. Mr. Minichiello most recently served as acting Chief Financial Officer for Tellabs. Since joining Tellabs in 2001, he also held the roles of Vice President of Finance and Chief Accounting Officer, interim Chief Financial Officer, Vice President of Financial Operations, Vice President of Finance for North America, Director of Finance for all of Tellabs’ product divisions, and Controller for the optical networking group. Prior to joining Tellabs, Minichiello served in various financial leadership roles at Andrew Corporation. He also held a variety of financial management positions at Phelps Dodge Corporation and United Technologies. Minichiello began his career in the finance organization at Sterling Drug.
Tellabs (NASDAQ: TLAB) announced that Tom Minichiello, acting chief financial officer, is resigning from Tellabs effective July 12, to become chief financial officer at Westell. Minichiello had served as Tellabs’ acting CFO since May. He joined Tellabs in 2001. Tellabs’ external search for a new chief financial officer is under way.
Fibrocell Science, Inc. (NYSE: FCSC) announced that Declan Daly, Chief Operating Officer and Chief Financial Officer, will resign to reside in Ireland full time. Fibrocell has initiated an executive search to replace Daly with a Chief Financial Officer who will be based in Fibrocell’s Exton, PA facility. Daly will remain with the Company through November 2013 to assure a smooth transition to a successor.
Flux Power® Holdings, Inc. (OTC: FLUX) announced that Chris Anthony has tendered his resignation as Chief Executive Officer and President. Flux Power’s CFO, Ron Dutt, has been named interim Chief Executive Officer.
Directravel Holdings Inc. has hired John Coffman as Chief Financial Officer. Coffman was previously with Carlson Wagonlit Travel where, in his role of Vice President of Global Mergers and Acquisitions, he was responsible in part for the successful integration of TQ3Navigant, where he was Chief Accounting Officer
Tengasco, Inc. (NYSE: TGC) announced that Michael J. Rugen, the Company’s Chief Financial Officer, has been appointed to act Chief Executive Officer on an interim basis until such time as a new Chief Executive Officer may be named.