CFO Moves this week include:
|Starbucks Coffee Company||Elizabeth Arden, Inc.||Virgin America|
|Pinnacle Foods Inc.||Abercrombie & Fitch Co.||Booz Allen Hamilton|
|Financial Accounting Standards Advisory Council||Riedon||Mid-Atlantic Management Corporation|
|California Republic Bank||Papa Murphy’s International||Parmenter Realty Partners|
|Ameriana Bancorp||Gilead Sciences, Inc.||Clinkle Corporation|
|Walter Investment Management Corp.||Arborwell||Metamark Genetics, Inc.|
|Ross Stores, Inc.||Plex||Evolution Petroleum Corporation|
|Titan International, Inc.||Fidelity & Guaranty Life||Berkshire Hills Bancorp, Inc.|
|Sorbent Therapeutics, Inc.||ClearDATA Networks, Inc.||Datapipe|
|DynaResource, Inc.||Vuclip||Liberty Coal Energy, Corp.|
|Tintri, Inc.||Harris Teeter Supermarkets, Inc.||United Online, Inc.|
|AGTC||Natera Inc.||Destination XL Group, Inc.|
|IID||Paul Mueller Company||The National Soccer Coaches Association of America (NSCAA)|
|Sports Authority Inc.||Home Care Medical, Inc||Applied Predictive Technologies|
|Stemedica Cell Technologies, Inc.||UMB Financial Corporation|
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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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Starbucks Coffee Company (NASDAQ: SBUX) announced that Troy Alstead will be promoted to the newly created position of chief operating officer (coo). Alstead previously served as Starbucks chief financial officer and group president, Global Business Services. Alstead joined Starbucks in 1992. Starbucks senior vice president of Corporate Finance, Scott Maw, will be promoted to executive vice president and chief financial officer. He joined Starbucks as global controller in 2011 and brings more than two decades of finance leadership experience to his new role. Prior to Starbucks, Maw served as cfo of SeaBright Insurance and as cfo of the Consumer Banking division at JPMorgan Chase. He has also held various finance leadership positions at GE and the Retail Banking division of Washington Mutual.
Elizabeth Arden, Inc. (NASDAQ: RDEN) announced the appointment of Rod R. Little as Executive Vice President and Chief Financial Officer effective April 1, 2014. Mr. Little joins Elizabeth Arden, Inc. from Procter & Gamble where, since 2009, he has served as Chief Financial Officer for P&G’s Global Salon Professional division. Prior to that, Mr. Little was the finance leader for P&G’s North America Salon Professional division. He joined P&G in 1997, after serving in the U.S. Air Force for five years.
Virgin America announced that Intel Corp. Executive Vice President and Chief Financial Officer Stacy J. Smith will join the Company’s Board of Directors. Smith currently serves as Intel’s Executive Vice President and Chief Financial Officer. In addition to his Finance and Information Technology responsibilities, Smith previously also held executive positions in Sales and Marketing at Intel. Smith joined Intel after receiving his MBA in Finance from the University of Texas in 1988.
Pinnacle Foods Inc. (NYSE: PF) announced the appointment of Jane H. Nielsen, Executive Vice President and Chief Financial Officer of Coach, Inc. (NYSE: COH), to its Board of Directors, effective March 10, 2014. Ms. Nielsen will be appointed to the Board’s Audit Committee and Compensation Committee. Ms. Nielsen has been EVP & CFO of Coach since 2011. Prior to that, Ms. Nielsen was Senior Vice President and CFO of PepsiCo Americas, Beverages and Global Nutrition Group, and also held the positions of Vice President of Strategy and Vice President of Investor Relations for PepsiCo. Ms. Nielsen also held executive management positions in Finance and Strategic Planning at Pepsi Bottling Group. She began her career in banking in 1986 at CS First Boston Corporation and later worked at global strategy consulting firm Marakon Associates.
Abercrombie & Fitch Co. (NYSE: ANF) announced the promotion of Jonathan E. Ramsden, currently the Company’s Executive Vice President and Chief Financial Officer, to the position of Chief Operating Officer (“COO”), a new role at the Company. Mr. Ramsden has been with Abercrombie & Fitch since December 2008. He previously served as Chief Financial Officer of TBWA Worldwide.
Booz Allen Hamilton Holding Corporation (NYSE: BAH), the parent company of management and technology consulting firm Booz Allen Hamilton Inc., announced that Kevin L. Cook has been named Chief Financial Officer and Treasurer, effective July 1, 2014. The current Chief Financial and Administrative Officer, Samuel R. Strickland, will retire effective June 30, 2014. Cook joined the firm initially in 1986 and returned in 2003 after spending 7 years as senior vice president of client development for JAMIS Software. At Booz Allen, Cook is currently Senior Vice President and Corporate Controller. During his tenure with the firm, he has also managed Booz Allen’s shared services operations.
Financial Accounting Standards Advisory Council (FASAC) has appointed Steven E. Buller, managing director and former chief financial officer of BlackRock, Inc., , has been appointed chairman. His term begins on February 1, 2014, and concludes on December 31, 2015. Mr. Buller succeeds Charles H. Noski, retired vice chairman of Bank of America, whose term as FASAC chairman concluded on December 31, 2013. Mr. Buller will retire from BlackRock, Inc. in early February 2014, after nine years with the firm. He currently is a member of the Standing Advisory Group of the PCAOB. Prior to joining BlackRock, Inc., Mr. Buller was a senior partner at Ernst & Young, serving as its U.S. and global director of asset management services from 1988 to 2005.
Riedon announced the hiring of Greg Wood as the new Senior VP and General Manager. Greg’s most recent manufacturing position was as President and CEO of Surfx Technologies. Prior to Surfx, Greg was the President, CEO, and CFO of Emergent Respiratory Products. In an earlier position, Greg was President and CFO of American Microwave Technology.
Mid-Atlantic Management Corporation, an Associa company, announced the promotion of Patti Baker to Chief Financial Officer. Baker began at Mid-Atlantic as an accounting assistant in 2005, was promoted to staff accountant in 2006. After leaving briefly in 2008, she returned to work for Mid-Atlantic in 2010, again as staff accountant. Before her latest promotion, Baker served as director of financial services for two years.
California Republic Bank (OTC: CRPB) announced the hiring of Mark Olson as its new CFO. The Bancorp also announced that its current CFO, Andy Reid, will stay on as its Chief Accountant and report directly to Mr. Olson going forward. Most recently he served as the CFO of Heritage Oaks Bank in Paso Robles. Prior to that Mr. Olson was the CFO of Santa Barbara Bank & Trust. Prior to Santa Barbara Bank & Trust, Mr. Olson served as Finance Director at Goldman Sachs Bank, USA. He also served as Controller and then later CFO of Westcorp, a holding company for Western Financial Bank and WFS Financial. Mr. Olson began his career at Ernst and Young in 1988 before joining Westcorp.
Papa Murphy’s International announced that Mark Hutchens will join the Company as Chief Financial Officer. Most recently, he served as Vice President, Chief Financial Officer – International for Bloomin’ Brands, Inc. Mr. Hutchens also served on the Boards of Directors for Bloomin’ Brands’ joint venture businesses in China and Brazil. Prior to his role at Bloomin’ Brands, Mr. Hutchens was employed at Office Depot, where he served as Senior Vice President, Controller and Chief Accounting Officer from 2008 to 2012, also having responsibility for shared services and procurement from 2010 to 2012. From 2006 to 2008, Mr. Hutchens served as Senior Vice President Finance, International Division. During that period, Mr. Hutchens served on the Board of Directors of the company’s joint venture in Mexico and Central America. Before joining Office Depot, Mr. Hutchens spent 10 years at YUM! Brands in roles of increasing responsibility, most recently as Assistant Treasurer – Corporate Finance. He was General Auditor from 2003 to 2005 and worked at YUM! Restaurants International from 2002 to 2003 as Director, Mergers and Acquisitions. From 1997 to 2002, he worked in various headquarters finance roles, including Financial Planning and Analysis and Treasury. He began his YUM! Brands career at KFC Corporation in 1996.Prior to joining YUM! Brands, Mr. Hutchens held a variety of roles of increasing responsibility from 1989 to 1996 within the Finance Staff and Product Development functions at Ford Motor Company.
Parmenter Realty Partners hired Jeffrey B. Granoff as Chief Financial Officer. Granoff comes from Clairvue Capital Partners where he was a Principal. Before that, Granoff held positions at Prudential Real Estate Investors (“PREI”), Arcapita, Inc., and Morgan Stanley in New York and Asia.
Gilead Sciences, Inc. (NASDAQ: GILD) announced that Robin Washington, Chief Financial Officer (CFO), has been promoted to Executive Vice President. Ms. Washington joined Gilead in 2008 as Senior Vice President and CFO. Prior to joining Gilead, Ms. Washington was Chief Financial Officer of Hyperion Solutions, which was acquired by Oracle Corporation in March 2007. She previously served in a number of executive positions with PeopleSoft, most recently in the role of Senior Vice President and Corporate Controller. Ms. Washington is a member of the Board of Directors of Honeywell International, the Board of Directors of Salesforce.com and the Board of Visitors, Graziadio School of Business and Management, Pepperdine University.
Clinkle Corporation announced the appointment of Mike Liberatore as chief financial officer. Liberatore joins the company from PayPal, where he served as senior director of large enterprise finance and the North America financial planning and analysis (FP&A) group. Earlier, Liberatore was based in Singapore and served as senior director of finance for Asia-Pacific. Before PayPal, Liberatore worked at eBay in several roles, including director of corporate FP&A. Previously, Liberatore held a variety of financial positions at Adobe Systems, Intel Corporation, and Hewlett-Packard.
Walter Investment Management Corp. (NYSE: WAC) announced that Gary Tillett has been hired as the Company’s Executive Vice President and Chief Financial Officer effective after the filing of the Company’s Form 10-K for 2013. Most recently Mr. Tillett led the New York Metro Transaction Services Practice for PricewaterhouseCoopers. Prior to joining the Transaction Services Practice, Mr. Tillett worked in the audit practice for eighteen years serving both publicly traded and privately held clients in the financial services sector.
Arborwell announced the addition of Brad Carson to the company’s executive team as Chief Financial Officer. Carson has over twenty years in financial management for companies including PABCO Building Products, LLC, and most recently for Allied Propane Service, Inc.
Metamark Genetics, Inc. announced the appointment of Jonathan Lieber as Senior Vice President and Chief Financial Officer. Mr. Lieber brings to Metamark more than a decade of experience as the chief financial officer of emerging life-sciences companies including, Repligen Corporation, Xcellerex (acquired by GE Healthcare), and Altus Pharmaceuticals. Prior to serving as a CFO, Mr. Lieber worked as an investment banker for 10 years.
Ross Stores, Inc. (NASDAQ: ROST) announced that Michael Hartshorn is being promoted to Chief Financial Officer, retaining his Senior Vice President title, effective February 2, 2014. Michael Hartshorn has been Senior Vice President and Deputy Chief Financial Officer of Ross Stores since January 2012. Prior to this, he was Group Vice President, Finance and Treasurer from March 2011 to January 2012 and Vice President, Finance and Treasurer from April 2006 to March 2011. From 2002 to 2006, he served in various management roles in the Ross IT and supply chain organizations. He initially joined the Company in 2000 as Director and Assistant Controller. Mr. Hartshorn began his career at the public accounting firm of Coopers & Lybrand where he spent three years in their audit practice, followed by seven years in various financial roles at the May Department Stores Company.
Evolution Petroleum Corporation (NYSE MKT: EPM) announced that Randall Keys is joining the management team and is expected to be elected by the Board of Directors to the positions of Senior Vice President, Chief Financial Officer and Treasurer following the filing of the Company’s 10-Q for the quarter ended December 31, 2013 and the effectiveness of Sterling McDonald‘s previously announced retirement. Randy will also be elected to the position of Executive Vice President of NGS Technologies, a wholly owned subsidiary of Evolution Petroleum. He previously served as Chief Financial Officer for publicly traded Far East Energy Corp, BPZ Energy, Inc., Core Laboratories N.V. and 3DX Technologies, Inc., and as Treasurer of Norcen Explorer, Inc. Randy also managed financial reporting for Santa Fe Energy and Adobe Resources.
Titan International, Inc. (NYSE: TWI) has promoted Paul Reitz from his current position as Chief Financial Officer of Titan International to the open position of President of Titan International, Inc. The board also approved the appointment of John Hrudicka as Chief Financial Officer of Titan International. Mr. Hrudicka has been the presiding CFO at Elkay Manufacturing since 2010 after joining as Vice President-Finance in 2006. He has spent his 27 year career spanning several industries, working for Motorola, 3Com and Baxter Healthcare in both finance and operations executive leadership roles.
Fidelity & Guaranty Life (NYSE: FGL) announced that Dennis R. Vigneau, the former Chief Financial Officer and Senior Vice President of Kemper Corporation, has joined the Company as Senior Vice President and will assume the position of Chief Financial Officer, effective February 12, 2014. At that time, Wendy JB Young, currently Senior Vice President, Chief Financial Officer, will become Chief Risk Officer for the Company, assuming this role from John O’Shaughnessy, who will continue to serve in his capacity as Senior Vice President and Chief Actuary. Dennis R. Vigneau served as the Chief Financial Officer and Senior Vice President of Kemper Corporation (formerly Unitrin Inc.) from November 2010 to March 15, 2013. Previously, he served as a senior financial executive of American Life Insurance Company, formerly a unit of AIG; as Senior Vice President and Chief Financial Officer of the Retirement and Protection Segment of Genworth Financial and Vice President, Financial Planning for Genworth Financial Holding.
Berkshire Hills Bancorp, Inc. (NYSE: BHLB) announced that it has appointed Josephine Iannelli Executive Vice President, Chief Financial Officer. Ms. Iannelli has served as Berkshire’s Senior Vice President, Principal Accounting Officer and has participated in financial oversight since July 2013. Ms. Iannelli joined Berkshire as Senior Vice President, Chief Accounting Officer in March 2013. She has 20 years of financial and banking experience beginning with KPMG Peat Marwick, LLP and then KeyCorp. She joined National City Corporation in 2002 leading the accounting policy group and served in various roles at the bank up through their acquisition and integration into PNC Financial Services Group, ultimately advancing to the position of Senior Vice President, Loan Purchase Accounting. Since 2010, she had been providing independent accounting consulting services, specializing in finance reengineering and mergers and acquisitions for top ten national banks.
Sorbent Therapeutics, Inc. announced that Tom O’Neil has joined the company as Chief Financial Officer. Previously, Mr. O’Neil was Vice President, Finance & Administration for ChemGenex Pharmaceuticals. Before ChemGenex, he was Vice President, Finance & Administration for Nodality and HX Diagnostics. Prior to that, Mr. O’Neil held several finance roles at Monogram Biosciences, Inc.
ClearDATA Networks, Inc. announced that cloud computing veteran Aaron Barfoot has joined the company as Chief Financial Officer. Previously, Mr. Barfoot was the vice president of finance for Rackspace Hosting. Prior to his term at Rackspace, Mr. Barfoot held senior positions responsible for business and financial planning and analysis with USAA, Transocean Offshore, and Continental Airlines.
Datapipe announced the appointment of Ed O’Hara as the company’s new Chief Financial Officer. Prior to joining Datapipe, O’Hara served as the CFO of Sidera Networks. Previously, O’Hara was the CFO of the Residential and Business Services segment of RCN Corporation. He also has previously held senior-level positions with Putnam Investments and Arthur Andersen.
DynaResource, Inc. (OTC: DYNR) announced the appointment of David S. Hall to the position of Executive Vice-President and Chief Financial Officer of DynaUSA. Mr. Hall was formerly the owner and CEO of the Hall Group CPA’s, in Dallas, Texas, which served as the public auditing firm for DynaUSA since 2004. Mr. Hall’s appointment as Vice President-CFO is expected to commence April 1, 2014. Charles E. Smith, current CFO of DynaUSA, will remain with the Company as corporate secretary, and a member of the Company’s Board of Directors.
Vuclip announced that Apurva Desai has been appointed the company’s new Chief Financial Officer. Desai was most recently Vice-President of Finance for Exponential Interactive. Previously, Desai held leadership roles in finance at Glu Mobile, Yahoo!, and Intel Corporation for over a decade. Desai began his career with Ernst & Young.
Liberty Coal Energy, Corp. (OTC: LBTG) announced the resignation of Its President, and the appointment of CFO Robert T. Malasek to the position of Interim President and CEO. Mr. Malasek joined the company in April of 2011.
Tintri, Inc. announced the appointment of Ian Halifax as Chief Financial Officer. Most recently, Ian was CFO at Host Analytics. Ian also served as CFO at Wind River Systems. Ian also served as a public-company CFO at Micromuse and Macrovision. In the early part of his career, he held finance positions at Sun Microsystems and KPMG.
Harris Teeter Supermarkets, Inc. (NYSE: HTSI) announced the resignation of John Woodlief, Executive Vice President, who has served as Chief Financial Officer since 1999. Prior to that time, he served as managing partner of the PricewaterhouseCoopers Carolinas offices.
United Online, Inc. (NASDAQ: UNTD) announced that Neil P. Edwards, the Company’s Executive Vice President and Chief Financial Officer, will terminate his employment with the company effective as of March 7, 2014 or, if later, the day after the date on which the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 is filed (the “Effective Date”) and he will resign from all of his positions with the Company, including as an officer of the Company.
AGTC announced the appointment of Larry Bullock to the position of Chief Financial Officer. Most recently, Mr. Bullock was Chief Financial Officer and Corporate Secretary at BioMimetic Therapeutics, Inc. From 1996 to 2003, he was with Ribozyme Pharmaceuticals, where he served as Chief Financial Officer. Previously, Mr. Bullock served as Chief Financial Officer at La Jolla Pharmaceuticals, Inc., and as Chief Financial Officer and a Founding Partner of Natural Products, Inc.
Natera Inc. announced the appointment of Herman “Herm” Rosenman to the position of chief financial officer. Mr. Rosenman has served as a member of the company’s board of directors since 2013. He will join the company on Feb. 10, 2014. Mr. Rosenman was most recently the senior vice president of finance and chief financial officer of Gen-Probe Inc. Prior to joining Gen-Probe, he was president and chief executive officer of Ultra Acquisition Corp., and president and chief executive officer of RadNet Management Inc. Before this, he was the chief financial officer of Rexene Corp. Prior to Rexene, Mr. Rosenman was a partner at Coopers & Lybrand (now PricewaterhouseCoopers LLP), where he served numerous Fortune 1000 clients, principally in the pharmaceuticals and telecommunications industries. Mr. Rosenman currently serves as chairman of the audit committees of Oxford Immunotec Ltd., Medistem Inc. and VIVUS Inc., where he is also a member of their compensation committees. In addition, he is a member of the advisory board for Scripps Clinics/Green Hospital in San Diego.
Destination XL Group, Inc. (NASDAQ: DXLG) announced the resignation of its Executive Vice President, Chief Operating and Chief Financial Officer, Dennis Hernreich, and the appointment of Board Member John E. Kyees as Interim Chief Financial Officer. Kyees, who has served on the Destination XL Board of Directors since 2010, was CFO of Urban Outfitters from 2003 until his retirement in 2010, and has served as a senior financial executive at several other prominent retailers.
IID announced the addition of Ben King as the company’s first ever CFO. Ben King most recently was the CFO and COO at PhaseOne Communications. Prior to PhaseOne, King held leadership roles at the Fox Broadcasting Company Digital Group and PricewaterhouseCoopers LLP.
Paul Mueller Company (OTC: MUEL) announced that Marcelino Rodriguez, Chief Financial Officer, will be leaving the company effective February 20, 2014 to become the Controller & Chief Accounting Officer of KMG Chemicals. Mr. Rodriguez joined Paul Mueller Company in 2011 to serve as CFO. Prior to joining Paul Mueller Company, he was the CFO for Lhoist North America. He also served as the Controller for Jose Cuervo International, Controller for the operations division of RG Barry, and held various positions within Harte-Hanks Communications.
The National Soccer Coaches Association of America (NSCAA) has welcomed Greg Hubbard as its new Chief Financial Officer. Hubbard replaces the Association’s first ever CFO, Tammy Reder. Hubbard has 18 years of experience with not-for-profit organizations to the position. Before starting with the Association in December, he spent nearly seven years as CFO with Lyric Opera of Kansas City. Prior to his time at Lyric Opera, Hubbard was the director of finance at the Mid-America Arts Alliance, a federally-funded regional arts organization, with which he spent four years. He also brings experience as a controller at the Douglas County Housing Authority and an audit manager at various audit firms.
Sports Authority Inc. announced that Jeremy Aguilar will join as its CFO. Aguilar comes to the post from Indianapolis-based appliance and electronics retailer HHGregg Inc., where he has been CFO. Aguilar replaces current CFO and chief administrative officer Tom Hendrickson, who has been with the company for 21 years and is retiring.
Home Care Medical, Inc. announced the promotion of Ann Fabry to Chief Financial Officer and Vice President of Finance and Operations. Hired as Manager of Finance and promoted to Director in 2010, Fabry has been with Home Care Medical since 2002. Her prior work experience includes Supervisor of Financial Reporting at Compcare Health Services.
Applied Predictive Technologies (APT) announced that Jeff Babka will join the company as Chief Financial Officer. Mr. Babka comes to APT from Vibrant Media where he held positions of Chief Financial and Administrative Officer and Chief Operating Officer. Prior to his work at Vibrant, Mr. Babka was CFO of Sophos. Previously, Mr. Babka served as SVP and CFO of NeuStar, Inc.
Stemedica Cell Technologies, Inc. announced that Craig W. Carlson has been appointed the Company’s Chief Financial Officer effective March, 2014. Craig was the Senior Vice President, Chief Financial Officer and Secretary at Talon Therapeutics. He served a similar role as Senior Vice President, Chief Financial and Operating Officer as well as Managing Director U.K. for Cygnus Inc.
UMB Financial Corporation appointed Brian J. Walker as Chief Financial Officer and Chief Accounting Officer. Mr. Walker has served as the Company’s Chief Accounting Officer since June 2007. On January 28, 2014, the Company’s immediate past Chief Financial Officer, Michael D. Hagedorn, was appointed as the President and Chief Executive Officer of the Company’s subsidiary, UMB Bank, N.A., effective January 31, 2014 and will also retain his title as Vice Chairman of the Company.