CFO Moves this week include:
|The Hain Celestial Group, Inc.||Elizabeth Arden, Inc.||AccentCare|
|LifePoint Hospitals, Inc.||IO||SolarWinds, Inc.|
|Host Analytics||RingCentral, Inc.||Annaly Capital Management, Inc.|
|Voltari Corporation||GreenHunter Resources, Inc.||Opus Bank|
|TetraLogic Pharmaceuticals||NeoStem, Inc.||InVivo Therapeutics Holdings Corp.|
|Targeted Medical Pharma, Inc.||Govplace||Midway Gold Corp.|
|USAA Real Estate Co.||First Sound Bank||Interstate Hotels & Resorts|
|Interactions Corporation||American Restaurant Concepts, Inc.||BUMP Network|
|Angie’s List||Rita’s Italian Ice||Joyent|
|Applied DNA Sciences, Inc.||Internet America, Inc.||INetU|
|Omnitek Engineering Corporation||Webroot||Aerie Pharmaceuticals, Inc.|
|Micrel, Inc.||Spirit AeroSystems, 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 email@example.com or by phone at +1 (415) 738-2070.
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The Hain Celestial Group, Inc. (NASDAQ: HAIN) announced the appointment of Stephen J. Smith as Executive Vice President and Chief Financial Officer, effective September 3, 2013. The planned retirement of Ira J. Lamel as Chief Financial Officer, effective August 31, 2013, was previously announced on September 5, 2012. Stephen Smith was most recently Executive Vice President and Chief Financial Officer of Elizabeth Arden, Inc. since 2001. Prior to joining Elizabeth Arden, he was a Partner at PricewaterhouseCoopers LLP and its predecessor, Coopers & Lybrand LLP.
Elizabeth Arden, Inc. (NASDAQ: RDEN) announced that Stephen J. Smith has resigned as the Company’s Executive Vice President and Chief Financial Officer in order to accept a position as Executive Vice President and Chief Financial Officer with The Hain Celestial Group, Inc. Mr. Smith will remain with the Company through September 1, 2013.
AccentCare announced the appointment of Jeffrey S. Sherman as chief financial officer, effective September 16, 2013. Mr. Sherman was most recently the executive vice president and chief financial officer of LifePoint Hospitals (NASDAQ: LPNT). Prior to joining LifePoint in April 2009, Mr. Sherman served as vice president and treasurer of Tenet Healthcare. From 1990 to 2009, he worked in a variety of capacities at Tenet and its predecessor company.
LifePoint Hospitals, Inc. (NASDAQ: LPNT) announced that Leif Murphy has been appointed chief financial officer, effective September 14, 2013. Murphy succeeds Jeffrey S. Sherman, who is leaving the Company. Before joining LifePoint in 2011, he served as president and chief executive officer of DSI Renal, Inc. Prior to DSI, he was senior vice president and treasurer at Caremark, Inc. He has also held leadership roles at Renal Care Group, Inc., National Nephrology Associates, Inc. and HealthSouth Corporation.
IO announced that Michael Berry has joined the company as Chief Financial Officer. Mr. Berry joins IO from SolarWinds where he was Executive Vice President and CFO. Prior to SolarWinds, Mr. Berry was CFO at i2. Prior to his CFO experience, Mr. Berry served in various executive roles at The Reynolds and Reynolds Company, most recently as Senior Vice President of Solutions Management, Development and Operations. He has also held executive management positions at Comdata Corporation and Travelers Express Co. (now MoneyGram International). Mr. Berry is currently a Member of the Board of Directors and Audit Committee Chairman for Rapid7.
SolarWinds, Inc. (NYSE: SWI) announced that Michael Berry, executive vice president and Chief Financial Officer, will leave the company to take a CFO position at a high tech growth company. Berry will remain CFO of SolarWinds through October 1, 2013, while transitioning his role. Effective October 1, 2013, Jason Ream, currently vice president of Growth Strategy, will be named Executive Vice President, Finance and CFO. Mr. Ream joined SolarWinds in April 2009 as Vice President, Business Development and Investor Relations. Since then, Mr. Ream served in an operational role as Vice President, Tools leading the integration of DameWare, which was acquired by SolarWinds in December 2011. Prior to joining SolarWinds, Mr. Ream worked for J.P. Morgan as an Executive Director in investment banking from July 2006 to January 2009. From July 1999 to July 2006, he held various roles in investment banking at UBS, Piper Jaffray and Credit Suisse First Boston.
Host Analytics announced the appointment of Ian Halifax as Chief Financial Officer. Most recently, Ian was CFO at Grass Valley. Prior to that, he spent four years as CFO at Wind River Systems. He was also CFO at Micromuse. He was also CFO at Macrovision. In the early part of his career, he held numerous finance positions at technology companies including Sun Microsystems and Wang Labs, as well as spending time at KPMG.
RingCentral, Inc. announced the appointment of Clyde R. Hosein as Executive Vice President and Chief Financial Officer. Prior to joining RingCentral, Mr. Hosein served as Chief Financial Officer for Marvell Technology Group. Mr. Hosein also served as Marvell’s Interim Chief Operating Officer from 2008 to 2010. Prior to joining Marvell he served as Chief Financial Officer for Integrated Device Technologies, Advanced Interconnect Technologies and Candescent Technologies. Mr. Hosein began his career with IBM Corporation, where he held positions in engineering, operations and finance
Annaly Capital Management, Inc. (NYSE: NLY) announced that it has appointed Glenn A. Votek as Chief Financial Officer of the Company. Mr. Votek was previously the Company’s Chief Administrative Officer. The company’s Chief Financial Officer, Kathryn F. Fagan, has decided to retire. Mr. Votek joined the Company in May 2013 from CIT Group where he was an Executive Vice President and Treasurer since 1999 and President of Consumer Finance since 2012. He also previously served as Chairman of the Board of CIT Bank. Mr. Votek joined CIT in November 1999 following its acquisition of Newcourt Credit Group, at which time he was appointed Treasurer. Prior to the acquisition, he was the Treasurer of Newcourt Credit Corp. and AT&T Capital Corporation. Mr. Votek has also held various treasury and financial management positions within AT&T Corporation, Amerada Hess Corporation and Westinghouse Credit Corporation.
Voltari Corporation (NASDAQ: VLTC) announced the hiring of John Breeman as Chief Financial Officer. Prior to joining Voltari, Breeman served as CFO of Mojiva, Inc. During the years preceding his role at Mojiva, Breeman worked for many firms providing strategic and financial oversight, as well as leading Corporate Development teams at IDT, AT&T and Siemens Corporation.
GreenHunter Resources, Inc. (NYSE: GRH) announced that the Company has appointed Ronald (“Ron”) McClung as its new Senior Vice President and Chief Financial Officer effective September 1, 2013. Mr. McClung initiated his career as an audit manager while at public accounting firms KPMG and Robinson, Burdette, Martin & Cowan, LLP, and as a Corporate Controller while at Key Energy Services, Inc. and as a Chief Financial Officer at Basic Energy Services, Inc. Most recently, Mr. McClung has served as Corporate Controller for Patterson-UTI Energy, Inc.
Opus Bank announced that Thea K. Stuedli, Opus’ Executive Vice President, Chief Financial Officer, has resigned from the Bank, effective August 30, 2013. Additionally, Opus announced that Nicole M. Carrillo, Opus’ Senior Vice President, Chief Accounting Officer since January 2011, has been appointed to the position of Executive Vice President, Chief Financial Officer, effective August 30, 2013, as well as appointed a member of the Bank’s seven person Executive Committee. Ms. Carrillo will also become a member of the Board of Directors of the Opus Community Foundation. Prior to joining Opus Bank, Ms. Carrillo worked in the financial services practice of the KPMG LLP Los Angeles office since 2001, having most recently served as an Audit Senior Manager.
TetraLogic Pharmaceuticals announced the appointment of Pete A. Meyers as Chief Financial Officer. Mr. Meyers was most recently Managing Director, Co-Head of Global Health Care Investment Banking at Deutsche Bank Securities Inc. He joined Deutsche Bank in 2005 after serving six years with Credit Suisse First Boston LLC where he was a Managing Director in Health Care Investment Banking specializing in the biotechnology and pharmaceutical sectors. Prior to that, he worked at Dillon, Read & Co., specializing in health care mergers and acquisitions.
NeoStem, Inc. (NASDAQ: NBS) announced today the appointment of Robert Dickey IV as Chief Financial Officer. Larry May, the Company’s long-time CFO, is assuming the newly-created position of Vice President, Strategic Initiatives. Mr. Dickey is joining NeoStem from Hemispherx Biopharma, Inc. where he served as Senior Vice President. Prior to Hemispherx , Mr. Dickey was Senior Vice President, Chief Financial Officer and Business Unit Manager at StemCyte, Inc. Other management experience includes leadership positions at Protarga, Inc., and Locus Pharmaceuticals. Previously, he spent 18 years as an investment banker, 14 of those at Lehman Brothers, with a background split between M&A and capital markets transactions across a variety of industries.
InVivo Therapeutics Holdings Corp. (OTC: NVIV) announced that Francis M. Reynolds has resigned from his positions as Chairman, CEO and CFO of the company due to his medical condition. The Board has appointed Sean Moran, the company’s Director of Finance, as acting CFO.
Targeted Medical Pharma, Inc. (OTC: TRGM) announced the appointment of William B. Horne as the company’s Chief Financial Officer. Horne previously held the position of CFO at various companies, including OptimisCorp, a privately held healthcare technology company, and Patient Safety Technologies, Inc. He also held supervisory positions at Price Waterhouse, LLP.
Govplace announced the appointment of Mark A. Serway as Chief Financial Officer of the company. Mr. Serway joins Govplace after spending five years with Akima, LLC., where he served as Senior Vice President, Chief Financial Officer. Prior to joining Akima, LLC., he served as Chief Financial Officer of Employment Enterprises, Inc. and Paradigm Solutions Corporation. He also served in senior financial leadership positions with Lockheed Martin IT and Getronics Government Solutions.
USAA Real Estate Co. has named Jim Hime as the company’s new chief financial officer, effective September 1, 2013. Mr. Hime joins USAA Real Estate Company from the Abu Dhabi Investment Authority (“ADIA”) where he was employed for three years as Chief Financial Officer of the Real Estate and Infrastructure Department. Before joining ADIA, Mr. Hime was with the Lionstone Group. Earlier, Mr. Hime was co-founder and managing director of Hawkeye Partners, and served as senior vice president and head of capital markets at Hines Interests. Before joining the real estate sector, Hime spent 20 years at Baker & Botts, where he became a partner and was responsible for opening the firm’s New York office.
First Sound Bank (OTCBB: FSWA) announced that Phyllis Nomura has joined as executive vice president and chief financial officer. She most recently served as executive vice president and chief financial officer for Core Business Bank. Nomura began her career in 1994 with Deloitte before joining the banking sector. Over the succeeding years, Nomura served in various accounting and finance, operations and regulatory leadership roles for First Security Bank of Washington, Viking Bank, Washington Mutual and Core Business Bank.
Interstate Hotels & Resorts announced the appointment of Carrie McIntyre as chief financial officer. She most recently served as the Company’s executive vice president and treasurer. Early in her career, McIntyre worked in corporate controller and senior accountant positions for a technology company and accounting firm, leading to her position as vice president and corporate controller at MeriStar Hotels & Resorts.
Interactions Corporation announced that Edward Durkin has joined the company as Chief Financial Officer. Durkin most recently served as Chief Executive Officer and President of Tactical Communications Group, LLC (“TCG”). Prior to TCG, Durkin served as CFO and Vice President of Incipient. He also served as CFO of Sockeye Networks, Open Market, Radview Software, Starburst Communications, and served as Director of Finance and Administration at CrossComm Corporation. Initially, Durkin spent 10 years with Ernst & Young LLP. Durkin has also served on the Board of Directors and as the Audit Committee Financial Expert for Community Bancorp Inc. prior to its acquisition by Citizens Financial Group, as has also served on the Board of Directors at Incipient, TCG and Cast Navigation.
American Restaurant Concepts, Inc. (OTC: ANPZ), operator and franchisor of the award-winning Dick’s Wings & Grill® restaurants, announced that it has appointed Daniel Slone to serve as the new Chief Financial Officer of the Company. He currently serves as the Controller of Blue Victory Holdings. Before Blue Victory, Mr. Slone served as the Director of Operations of LCS Corrections Services. Prior to that, he acquired more than seven years of franchising experience with Pop-A-Lock, initially serving as the Vice President and Director of Franchise Operations for the company and later serving as the Chief Financial Officer for the company’s largest franchisee.
BUMP Network is proud to announce that Gregg Parise has joined the company as its new President and CFO. Parise was hired away from Hambrecht & Quist as the Senior Vice President and co-manager of the equity trading department at Raymond James in St. Petersburg, FL.
Angie’s List (NASDAQ: ANGI) announces that Thomas R. Fox will join the company as Chief Financial Officer. Prior to Angie’s List, Mr. Fox served as Senior Director, Business Planning and Operations for Nokia. Mr. Fox came to Nokia through its acquisition of NAVTEQ. Mr. Fox was a 10 year member of NAVTEQ’s leadership team serving in various roles including financial planning and analysis, investor relations and product management. Prior to NAVTEQ, Mr. Fox served in investment banking and asset management roles. Mr. Fox will assume his responsibilities at Angie’s List effective September 24th.
Rita’s Italian Ice announced the appointment of John Dombroski, who has been named Senior Vice President and Chief Financial Officer of the company. Most recently, Dombroski served as Chief Financial Officer of Sancoa, and previously held senior finance positions with Hasbro, and Campbell Soup.
Joyent announced the appointment of Brett Newsome as the company’s Chief Financial Officer. Most recently, Brett served as the Chief Financial Officer for GoGrid. Prior to GoGrid, Brett was the Vice President of Finance for UltraDNS, which was acquired by Neustar.
Applied DNA Sciences, Inc. (OTC: APDN) announced that Karol Kain Gray will join the company as Chief Financial Officer. Ms. Gray comes to the company from the University of North Carolina, Chapel Hill, where she was Vice Chancellor for Finance and Administration. Ms. Gray served as the Executive Vice President/Treasurer of the Chapel Hill Foundation Real Estate Holdings, Inc., Treasurer of The University of North Carolina at Chapel Hill Investment Fund, Inc. (CHIF), Treasurer of The University of North Carolina at Chapel Hill Foundation, Inc., and Secretary/Treasurer of UNC Management Company. Ms. Gray also sits on the Board of Directors of Chapel Hill/Carrboro Chamber of Commerce, MBA @UBC LLC, UNC Press Board of Governors, and UNC Health Care System. Her previous position was at the University at Stony Brook, where she worked her way up steadily as a financial analyst, chief accountant, controller, Vice President for Finance and Administration and the Chief Financial Officer. Since August 2011, Ms. Gray has been a Director, Chairman of the Audit Committee and Member of the Compensation Committee, for APDN. Ms. Gray succeeds Kurt Jensen who resigned effective today to pursue other interests. In addition to serving as President and CEO, Dr. James Hayward will serve as interim CFO until October 7, 2013, when Ms. Gray’s appointment as CFO becomes effective.
Internet America, Inc. (OTC: GEEK) announced the appointment of Randall J. (Randy) Frapart as Chief Financial Officer and Chief Accounting Officer. Mr. Frapart replaces William E. (Billy) Ladin, who resigned from these positions and continues as Chairman and Chief Executive Officer. Mr. Frapart also currently serves as the Chief Financial Officer of US Dataworks, Inc., a position held since July 2009. Prior to that, Mr. Frapart served as President of Albeck Financial Services, Inc., a pre-audit accounting firm. Before that, Randy was CFO of Plumgood Food. Formerly, Randy served as CFO of publicly traded HyperFeed Technologies, after being CFO/CEO of Cyvent Technologies. Mr. Frapart began his professional career working 12 years with KPMG in Chicago.
INetU announced that Tim O’Keefe has been hired as Chief Financial Officer. O’Keefe started his career at KPMG, followed by various financial executive positions with publicly held companies as well as start-up organizations. Most recently, he served as CFO for DBSi International Inc.
Omnitek Engineering Corporation (OTC: OMTK) announced the promotion of Alicia Rolfe to chief financial officer from controller, succeeding Janice Quigley who elected to retire from her position. Prior to joining Omnitek, Rolfe served as head of financial reporting for Rancho Trade, Inc. Earlier in her career, she served as a staff accountant for ZD Market Intelligence, a subsidiary of Ziff-Davis, Inc.
Webroot announced that John Post, former vice president of finance, has been named chief financial officer. Before joining Webroot, he was vice president of tax at DISH Network and Echostar Corporation. Prior to that, he was tax director at Molson Coors Brewing Company, and has also held management roles at First Data Corporation and Deloitte Tax LLP.
Aerie Pharmaceuticals, Inc. announced that Murray Goldberg has been appointed to the Company’s Board of Directors. Mr. Goldberg has served as Chief Financial Officer of Regeneron Pharmaceuticals, Inc. since 1995. Prior to joining Regeneron, Mr. Goldberg was Vice President, Finance, Treasurer, Chief Financial Officer and a Director of the private biotechnology company PharmaGenics, Inc. Previously, Mr. Goldberg was Managing Director, Structured Finance Group at the Chase Manhattan Bank, N.A., and prior to this, he served in various managerial positions in finance and corporate development at American Cyanamid Company.
Spirit AeroSystems, Inc. (NYSE: SPR) announced that Phil Anderson has been named senior vice president of Defense and Contracts. Sanjay Kapoor has agreed to join the company as senior vice president and chief financial officer, succeeding Anderson in that position. Kapoor has served as the chief financial officer at divisions within the Raytheon Company and United Technologies Corporation. Mr. Kapoor most recently served as vice president, Integrated Air & Missile Defense, Integrated Defense Systems, Raytheon.