CFO Moves this week include:
|Barnes & Noble, Inc.||DaVita HealthCare Partners Inc.||Becton, Dickinson and Company|
|United States Steel Corporation||Lantheus Medical Imaging||Tellabs|
|Kindred Healthcare, Inc.||First Interstate BancSystem, Inc.||Stepan Company|
|Berkshire Hills Bancorp, Inc.||Kinex Pharmaceuticals||TIBCO Software Inc.|
|Arch Therapeutics, Inc.||Warren Resources, Inc.||MedSys Group|
|MTBC||Geeknet, Inc.||Tapjoy, Inc.|
|KLA-Tencor Corporation||NordAq Energy Inc.||Spherix Incorporated|
|Performance Marketing Brands||AGY Holding Corp.||CHS Inc.|
|The Laclede Group, Inc.||STWA, Inc.||Compass Diversified Holdings|
|Broadcasting Board of Governors||Energy Focus, Inc.||Einstein Noah Restaurant Group, Inc.|
|Hunter Resources Corporation||AIP Aerospace||immixGroup, Inc.|
|Houston American Energy Corp.||GreenHunter Resources, Inc.||American Community Development Group, Inc.|
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Barnes & Noble, Inc. (NYSE: BKS) announced that Michael P. Huseby has been appointed Chief Executive Officer of NOOK Media LLC and President of Barnes & Noble, Inc. Mr. Huseby joined Barnes & Noble as Chief Financial Officer in March 2012. Prior to joining Barnes & Noble, he most recently served as Executive Vice President and Chief Financial Officer of Cablevision Systems Corporation. Mr. Huseby also served in leadership positions at Charter Communications, Inc., as well as AT&T Broadband. The Company announced that Allen Lindstrom, Vice President and the Company’s Corporate Controller, has been promoted to Chief Financial Officer of Barnes & Noble, Inc. Mr. Lindstrom joined Barnes & Noble in November 2007 as Vice President, Corporate Controller. Prior to joining Barnes & Noble, Mr. Lindstrom was Chief Financial Officer at Liberty Travel, Inc. Kanuj Malhotra, Vice President of Corporate Development, has been promoted to Chief Financial Officer of NOOK Media LLC. Mr. Malhotra joined NOOK Media in May 2012 and in his role as Vice President of Corporate Development has been responsible for developing strategic priorities for growth and profitability. He was previously Senior Vice President and Chief Financial Officer at Affinion International.
DaVita HealthCare Partners Inc. (NYSE: DVA) announced that Garry E. Menzel, Ph.D., is to join the company in mid-September and become its Chief Financial Officer. He will start as Senior Vice President, Finance, and begin officially serving as the Chief Financial Officer the day after the company files its Quarterly Report on Form 10-Q for the quarter ended September 30, 2013. Menzel was most recently held the positions of Chief Operating Officer and Chief Financial Officer at Regulus Therapeutics Inc. Prior to joining Regulus in 2008, he had a 14-year career on Wall Street where he was a Managing Director and Global Head of Life Sciences for Credit Suisse and a Managing Director and Global Head of Biotechnology for Goldman Sachs. Menzel also spent several years as a strategy consultant for Bain & Company. Jim Hilger, who has served as Interim Chief Financial Officer since 2012, and Acting Chief Financial Officer from 2007 to 2008, will continue in his role as the company’s Chief Accounting Officer, a position he has held since 2010.
BD (Becton, Dickinson and Company) (NYSE: BDX) announced the appointment of Christopher Reidy as Chief Financial Officer and Executive Vice President of Administration. Mr. Reidy joins BD from ADP Corporation, where he served as Corporate Vice President and CFO for six years. Prior to ADP, Mr. Reidy’s more than 30 years of experience includes serving as CFO at NBA Properties, Inc.; Vice President, Controller & Chief Accounting Officer and division CFO roles at AT&T Corporation; and Audit Partner at Deloitte & Touche. Suketu (“Suky”) Upadhyay, who has been serving as Acting Chief Financial Officer since November 2012, will have expanded responsibilities across BD’s finance organization and will serve as the Company’s principal accounting officer in his new role as Senior Vice President, Finance.
United States Steel Corporation (NYSE: X) announced that Executive Vice President and Chief Financial Officer Gretchen R. Haggerty has informed the company of her plan to retire in 2013 after 37 years with the company, including a decade as its chief financial officer. Haggerty began her career with U. S. Steel in the company’s tax division in 1976. In 1991, she was elected vice president and treasurer of USX Corporation, becoming the first female executive in the company’s history. In 1998, she was named vice president – accounting and finance for U. S. Steel and assumed the position of senior vice president and controller in January 2002. In May 2002, she was elected senior vice president and treasurer, and in March 2003, she was promoted to executive vice president, treasurer and chief financial officer. In October 2004, she relinquished the title of treasurer and has continued as executive vice president and chief financial officer. Additionally, Haggerty is chairman of the United States Steel and Carnegie Pension Fund and is a member of the Investment Committee of the fund. She serves on the board of directors of USG Corporation, the Strategic Investment Fund, the Pennsylvania Business Council and the United Way of Allegheny County. Last month, she completed her term as president of The Duquesne Club, the first female president in the club’s history.
Lantheus Medical Imaging, Inc. announced that Jeffrey E. Young, Chief Financial Officer, is leaving the Company to take a new position. John Golubieski will serve as the Company’s interim Chief Financial Officer. Mr. Golubieski most recently served from July 2011 to October 2012 as Chief Financial Officer of Fougera Pharmaceuticals, Inc. Prior to joining Fougera, from October 2005 to June 2011, Mr. Golubieski served as Senior Vice President — Financial Planning and Analysis of King Pharmaceuticals, Inc. From August 1989 until October 2005, Mr. Golubieski served in a number of capacities of increasing responsibility at Bristol-Myers Squibb Company.
Tellabs (NASDAQ: TLAB) appointed Lawrence A. (Larry) Rieger its acting chief financial officer (CFO). Rieger succeeds Tom Minichiello, who resigned to become chief financial officer at Westell. As a partner with Crowe Horwath LLP, Rieger has worked closely with Tellabs since 2003. At Crowe Horwath since 2002, Rieger previously served as the managing partner and CEO of Crowe Horwath Global Risk Consulting Service.
Kindred Healthcare, Inc. (NYSE:KND) announced that Richard A. Lechleiter, Executive Vice President and Chief Financial Officer, will retire from the Company effective January 15, 2014.
First Interstate BancSystem, Inc. (NASDAQ:FIBK) announced the appointment of Kevin P. Riley as Executive Vice President and Chief Financial Officer, effective August 15, 2013. Riley will replace Executive Vice President and Chief Financial Officer Terrill R. Moore, who is retiring as Chief Financial Officer, on August 15, 2013. Riley most recently served as Executive Vice President and Chief Financial Officer of Berkshire Hills Bancorp, since 2007. Prior to 2007, he served in various executive-level positions with KeyCorp.
Stepan Company (NYSE: SCL) announced that Scott D. Beamer has joined Stepan Company and will become Vice President, Chief Financial Officer succeeding James E. Hurlbutt who plans to retire after 31 years with the Company. Mr. Beamer joins Stepan after a 16 year career at PPG Industries, Inc., most recently as Assistant Corporate Controller. Prior to that position, Scott was Chief Financial Officer of the European Region for PPG, after progressing through a variety of positions of increasing responsibility. Mr. Beamer will assume the position of Vice President & Chief Financial Officer on August 15, 2013
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) the parent company of Berkshire Bank, announced that Kevin P. Riley, Executive Vice President and Chief Financial Officer, will be resigning to pursue another opportunity. Mario L. Solari, CPA, Audit and Accounting Partner, Financial Institutions Group at Whittlesey & Hadley, P.C., has been retained to provide interim oversight for the Chief Financial Officer position. Mr. Solari has 28 years of experience in public accounting, primarily with PricewaterhouseCoopers LLP, and has been serving as a consultant to Berkshire since 2012.
Kinex Pharmaceuticals has appointed Flint D. Besecker to its Executive Team as Chief Financial Officer and Executive Vice President. Flint has been an investor and Board Director of Kinex since 2011. Mr. Besecker currently runs Firestone Asset Management He is also Vice Chairman of the Board of Ameris Acquisitions, LLC a private Nashville Tennessee hospital company. His previous roles included CEO of the Center for Hospice and Palliative Care, Founder of Care Investment Trust, founder of CIT Healthcare, Managing Director of GE Healthcare Financial Services and Chief Risk Officer of Heller Healthcare.
TIBCO Software Inc. (NASDAQ: TIBX) announced that Matt Langdon, TIBCO’s senior vice president, strategic operations, has been appointed to the position of chief financial officer. Mr. Langdon joined TIBCO in 2003 and most recently was responsible for corporate development, investor relations, marketing, and the TIBCO Loyalty Lab business. Before joining TIBCO, Mr. Langdon worked in product management at Siebel Systems, investment management at an affiliate of Bass Brothers Enterprises, and investment banking at Donaldson, Lufkin & Jenrette.
Arch Therapeutics, Inc. (OTC: ARTH) announced that it has appointed Alan Barber as CFO. Mr. Barber was appointed as the Chief Financial Officer of the Company effective June 26, 2013, and has served as the Chief Financial Officer of Arch Biosurgery, Inc. (“ABS”) since August 2008. Since September 2005, he has been and continues to be an independent consultant on financial matters. Prior to that, Mr. Barber was the Chief Financial Officer for a number of technology and life science start-up companies including Biotrove, Inc. from April 2004 to September 2005, Omnisonics Medical Technologies, Inc. from October 2001 to April 2004, Innovation Chain, Inc. from October 2000 to September 2001, MyWay.com from December 1999 to October 2000, Medical Foods, Inc. from November 1997 to October 1999 and Ergo Science, Inc. from October 1993 to November 1997. Previously, Mr. Barber was a Partner with the international accounting firm of PricewaterhouseCoopers (formerly Coopers & Lybrand) from July 1979 to October 1993, where he was elected as a Partner in the firm in July 1986.
Warren Resources, Inc. (NASDAQ: WRES) announced the promotion of Timothy A. Larkin to Executive Vice President-Mergers and Acquisitions and Stewart P. Skelly to Vice President and Chief Financial Officer. Mr. Larkin has served as Warren’s Chief Financial Officer since 1995 and was appointed as an Executive Vice President in March 2004. Mr. Skelly has served as Warren’s Corporate Controller since 2002 and was appointed as a Vice President in March 2004. From 2000 to 2002, he served as the company’s Assistant Controller.
MedSys Group announced the designation of Nancy A. Ellefson as Chief Financial Officer. Prior to joining MedSys, Ellefson served as CFO of Preferred Restaurant Services and APEX Restaurant Group, Vice President of Finance for Furr’s Restaurant Group and Pizza Inn, Controller for numerous public and privately held companies, as well as a financial analyst with two major healthcare systems, Barnes Hospital and Presbyterian Hospital of Dallas.
MTBC announced that Bill Korn has joined its executive team as chief financial officer. Bill served as CFO and COO of INFONXX, an Inc. 500 company, and spent ten years as CFO of Antenna Software, a leader in enterprise mobility, which was ranked as the fastest growing business in New Jersey in 2006. He was also the President of Telelogue – a speech recognition startup – and currently serves on SnapOne’s Advisory Board.
Geeknet, Inc. (NASDAQ: GKNT), the parent company of online retailer ThinkGeek.com, announced the appointment of Julie Pangelinan as Chief Financial Officer, effective August 12, 2013. Pangelinan was most recently Chief Financial Officer of Interstate Hotels and Resorts, Inc. and Sunrise Senior Living, Inc. Prior to joining Sunrise, Pangelinan worked for Marriott International, Inc. as vice president, accounting policy.
Tapjoy, Inc. announced that Matthew Service joined the company as Chief Financial Officer. Service, was Chief Operating Officer and Chief Financial Officer titles at blinkx plc . Prior to blinkx, Service worked at Autonomy, Inc. and Regent Pacific Management Corporation.
KLA-Tencor Corporation (NASDAQ: KLAC) announced that Bren Higgins has been appointed executive vice president and chief financial officer (CFO) of the company. Higgins will assume the CFO duties the day after KLA-Tencor files its Annual Report on Form 10-K for the fiscal year ended June 30, 2013 with the Securities and Exchange Commission. Mark Dentinger, who had notified the company of his intent to resign as CFO, will continue to serve as KLA-Tencor’s CFO through the filing date of the company’s fiscal year 2013 Form 10-K. Higgins has been vice president of corporate finance since January 2012, and as senior director of corporate finance from August 2011 to January 2012. Before that, he served as KLA-Tencor’s senior director of financial planning and analysis from August 2008 to August 2011. Higgins has also held various financial and investor relations positions since joining the company in 1999, including multiple product division controller assignments and serving as group controller for KLA-Tencor’s Wafer Inspection and Lithography Groups from 2006 to 2008.
NordAq Energy Inc. announced that it has appointed Paul L. Devine, currently Chief Financial Officer (CFO) to the role of Chief Executive.
Spherix Incorporated announced that Robert Clayton resigned from his position as the Company’s Chief Financial Officer, Treasurer and Corporate Secretary and all positions held with the Company’s subsidiaries.
Performance Marketing Brands announced the appointment of David Oppenheimer as Chief Financial Officer. Most recently, Oppenheimer served as CFO for ServiceSource (NASDAQ: SREV). Companies he worked with in the past include Digital Impact, Mindjet, Hands-On Mobile, Autodesk, AlliedSignal, and United Airlines.
AGY Holding Corp. and KAGY Holding Company, Inc., the direct parent company of AGY announced that Jay Ferguson has been named Chief Financial Officer of each of the Companies on a permanent basis. He has been serving as our Interim Chief Financial Officer for the past 14 months. Mr. Ferguson has over 30 years of experience, including 20 years with General Electric and 9 years serving various portfolio companies of private-equity-owned organizations.
CHS Inc. (NASDAQ: CHSCP) announced it has named veteran food industry financial leader Timothy Skidmore as its new executive vice president and chief financial officer, effective Aug. 19, 2013. Skidmore most recently was vice president, financial planning and analysis at Campbell Soup Company. Previously, Skidmore served as vice president of finance and strategy for Campbell North America, Campbell’s largest operating division. Skidmore will succeed David Kastelic, CHS executive vice president and chief financial officer, who in January announced his retirement effective Sept. 3, 2013. Prior to joining Campbell, Skidmore spent 15 years at DuPont Co.
The Laclede Group, Inc. (NYSE: LG) following last week’s announcement that Executive Vice President and Chief Financial Officer Mark D. Waltermire will retire at the end of the current fiscal year, September 30, named Steven P. Rasche as senior vice president and chief financial officer effective October 1. Mr. Rasche is currently the chief financial officer for Laclede Gas Company and senior vice president of finance and accounting for The Laclede Group. Mr. Rasche has nearly 30 years financial management and executive leadership experience and joined Laclede in 2009 from TLC Vision Corporation, where he held the position of chief financial officer. Prior to TLC Vision, he was a senior vice president and chief financial officer of Public Safety Equipment, Inc.
STWA, Inc. (OTC: ZERO) announced that Mark Stubbs has been elected to its Board of Directors. Mr. Stubbs will also serve as Chair of STWA’s Audit Committee. Mr. Stubbs currently serves as Chief Financial Officer for London Stock Exchange listed BBA Aviation’s Aftermarket Services Division. Prior to joining BBA in 2012, Mr. Stubbs served as Chief Financial Officer and Interim Chief Executive Officer for CallWave, Inc. From 2005 to 2006, Mr. Stubbs was Chief Financial Officer of Sound ID. Prior to Sound ID, Mr. Stubbs held a number of executive positions including Vice President Global Supply Chain and Vice President and Managing Director EMEA (Europe, Middle East and Africa) at Somera, Inc. Previously, Mr. Stubbs held a number of financial management positions at Kinko’s Inc.
Compass Diversified Holdings (NYSE: CODI) announced that Ryan J. Faulkingham, Director of Financial Reporting, has been promoted to Chief Financial Officer (CFO) effective November 30, 2013. He will succeed James J. Bottiglieri, who will retire as of the same date. Mr. Bottiglieri has served as CFO since CODI’s inception in 2005 and will remain a member of the Company’s Board of Directors. Prior to joining CODI in 2008, Mr. Faulkingham served as a Vice President at Merrill Lynch & Co. From 2003 to 2006, he was Manager, Accounting and External Reporting at WebMD Health Corp.
Broadcasting Board of Governors announced that Leslie Hyland has been named Chief Financial Officer and will start work July 29. Since 2011, Hyland has served as the Director of Audit and Risk Management at The Australian National University in Canberra, Australia. Previously, she was the Director of Financial Policy with the U.S. Department of Energy. From 2006 to 2009, Hyland was the Director of Financial Management for the National Aeronautics and Space Administration (NASA). Her credentials include leadership roles in finance and accounting for the International Trade Administration, and the U.S. Department of State in Washington, Tokyo and Kiev.
Energy Focus, Inc. (OTC: EFOI) announced the promotion of Frank Lamanna as Chief Financial Officer. Mr. Lamanna joined Energy Focus in 2008 as Corporate Controller. Prior to his role at Energy Focus, Mr. Lamanna served as Corporate Controller for Technical Consumer Products and as Chief Financial Officer of Avalon Holdings Corporation. Lammana replaces Mark J. Plush.
Magnum Hunter Resources Corporation (NYSE: MHR.PRC) announced that the Company has appointed Joseph C. Daches as Senior Vice President and Chief Financial Officer (CFO) effective July 22, 2013. Ronald Ormand, the Company’s current Chief Financial Officer, will continue with the Company as Executive Vice President-Finance and assume an additional role as Head of Capital Markets. Prior to joining Magnum Hunter, Mr. Daches served as Executive Vice President and Chief Accounting Officer of Energy & Exploration Partners, Inc. since September 2012 and became a Director of that company in April 2013. He previously served as Partner and Managing Director of the Willis Consulting Group, LLC, from January 2012 to September 2012 and from October 2003 to December 2011, Mr. Daches served as the Director of E&P Advisory Services at Sirius Solutions, LLC.
AIP Aerospace announced the appointment of Steve Littauer as Chief Financial Officer. Littauer most recently served as VP – Finance for Eaton Aerospace. Previously, Littauer worked for Smiths Aerospace Group (later GE Aviation) as Vice President of Finance and Contracts. He has also worked on the Space Shuttle program earlier in his career with Thiokol Corporation, managing Contracts and Finance.
immixGroup, Inc. announced the appointment of Noel N. Samuel as its Chief Financial Officer. Mr. Samuel served most recently as Co-Founder and Chief Financial Officer (CFO) of Spear Incorporated. Before Spear Incorporated, Mr. Samuel was the CFO of Dell’s public services business unit. He also served as the CFO, a member of the executive team, and a corporate officer of PSGS, a wholly owned subsidiary of Perot Systems Corporation.
Houston American Energy Corp. (NYSE: HUSA) announced the resignation of James “Jay” Jacobs as Chief Financial Officer. Mr. Jacobs indicated that he had been offered, and accepted, a position as Vice President – Corporate and Business Development at a larger oil and gas company.
GreenHunter Resources, Inc. (NYSE: GRH) announced that its current Vice President and Chief Financial Officer, David Krueger, will retire upon the filing of the Company’s Form 10-Q for the 2nd quarter ending June 30, 2013. Mr. Krueger will also assist the Company in effecting a smooth transition to a new CFO.
American Community Development Group, Inc. (OTC: ACYD) appointed Alan Bailey as its new Chief Financial Officer to replace the outgoing David Gray. In connection with entrepreneurial opportunities in Asia, Alan is an operating partner of Transworld Capital Group. Previously, Alan was a Senior Financial Executive with Paramount Pictures for 35 years, including being its Senior Vice President and Treasurer.