CFO Moves this week include:
|Humana Inc.||Wells Fargo & Company||JP Energy Partners|
|SomaLogic, Inc.||Synchronoss Technologies, Inc.||OPKO Health, Inc.|
|GlycoMimetics, Inc.||TriplePoint Venture Growth BDC Corp.||Juno Therapeutics|
|Localytics||Scientific Games Corporation||Vectren Corporation|
|Wireless Ronin Technologies, Inc.||Cypress Semiconductor Corp.||Wave Systems Corp.|
|Mexican Restaurants, Inc.||Atlantic Metro Communications, Inc.||Medivation, Inc.|
|Sierra Monitor Corporation||Dynamic Materials Corporation||University of Phoenix|
|University of Michigan||Caliber Imaging & Diagnostics||Quantum Retail Technology, Inc.|
|3D Systems Corporation||CDI Corp.||Sebring Software, Inc.|
|1st Constitution Bancorp||Nationstar Mortgage Holdings Inc.||Amarantus Bioscience Holdings, Inc.|
|Xenetic Biosciences, Inc.||Cafepress Inc.||Frozen Food Gift Group, 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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Humana Inc. (NYSE: HUM) announced that it has appointed Brian A. Kane as Senior Vice President and Chief Financial Officer effective June 2014. Kane brings extensive financial and strategic perspective to the CFO role, driven primarily by his significant investment banking experience at Goldman, Sachs & Co. Steve McCulley is currently serving as Interim Chief Financial Officer and will continue in his role as Chief Accounting Officer when Kane joins the company.
Wells Fargo & Company (NYSE: WFC) announced that Timothy J. Sloan, the company’s current chief financial officer and a senior executive vice president, will become head of the Wholesale Banking group, effective May 15, 2014. John R. Shrewsberry, current head of Wells Fargo Securities and an executive vice president, will succeed Sloan as chief financial officer and become a senior executive vice president, also effective May 15, 2014. Sloan has served as chief financial officer since 2011. Previously, he was Wells Fargo’s chief administrative officer and prior to that spent 22 years in the Wholesale Banking group including serving as head of Commercial Banking, Commercial Real Estate and Specialized Financial Services. Shrewsberry is currently head of Wells Fargo Securities, and has led related businesses since 2006. Prior to assuming this position, Shrewsberry served as head of Wells Fargo Commercial Capital, the successor to a commercial finance company he co-founded that became part of Wells Fargo in 2001. He currently is a member of the market risk committee, the enterprise risk management committee, and the firm’s management committee. Previously, he worked at Goldman Sachs and Credit Suisse First Boston in principal finance.
JP Energy Partners, LP announced the appointment of Patrick Welch as the company’s Executive Vice President and Chief Financial Officer. Mr. Welch has been serving as the interim Chief Financial Officer for the company since November of last year. Most recently he served as a Managing Director at Opportune LLP. Mr. Welch previously served as Chief Financial Officer for Atlantic Power Corporation, and for a privately-held renewable energy development and construction company. Prior to Atlantic Power Corporation, Mr. Welch was Vice President and Controller of DCP Midstream and DCP Midstream Partners. Before DCP Midstream, Mr. Welch held various positions with Dynegy, Inc. including Vice President and Controller of Dynegy Generation and Assistant Corporate Controller.
SomaLogic, Inc. announced that Dan Muehl has joined the company as Chief Financial Officer (CFO). Prior to joining SomaLogic, Dan was CFO of bio-industrial company OPX Biotechnologies; vice president of finance at bio-pharmaceutical company Pharmion (prior to its acquisition by Celgene); CFO at biotechnology company Repligen Corporation; CFO at medical device manufacturer Physiometrix Inc.; and CFO and chief operating officer at Number Nine Visual Technology. Dan began his career in public accounting at Ernst & Young. Dan is taking over the CFO position from Scott Kothlow, who has chosen to step away from the role in order to focus on other business needs at SomaLogic.
Synchronoss Technologies, Inc. (NASDAQ: SNCR) announced the appointment of Karen L. Rosenberger to Chief Financial Officer, Executive Vice President and Treasurer. Prior to taking this position, Ms. Rosenberger served as the Senior Vice President and Chief Accounting Officer of Synchronoss since January 2012. Preceding this role, Ms. Rosenberger has held various senior level positions within the Finance organization from December of 2000. Before joining Synchronoss, Ms. Rosenberger held management positions with Medical Broadcasting Company and CoreTech Consulting Group. Ms. Rosenberger succeeds Lawrence Irving, who has been with the company since 2001. Mr. Irving will remain an employee of the company and provide advisory services until his retirement at the end of 2014.
OPKO Health, Inc. (NYSE: OPK) announced the appointment of Adam Logal as Senior Vice President, Chief Financial Officer. Mr. Logal, currently Vice President, Finance, Chief Accounting Officer and Treasurer, succeeds Juan F. Rodriguez, who will continue to provide services to OPKO as a consultant while he pursues personal business interests.
GlycoMimetics, Inc. (NASDAQ: GLYC) announced the addition of Timothy Pearson to its Board of Directors. Mr. Pearson most recently held the position of Chief Financial Officer, Executive Vice President and Treasurer at Catalyst Health Solutions. MedImmune, the global biologics business for AstraZeneca PLC. Prior to MedImmune, Mr. Pearson held various financial roles of increasing responsibility at Integrated Health Services, CIGNA Insurance and First National Bank of Maryland.
TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) announced that it has named Harold Zagunis as its chief financial officer. Mr. Zagunis also will continue to serve as the chief financial officer of TriplePoint Capital LLC, TPVG’s sponsor. Pursuant to the previously announced transition plan, Mr. Zagunis replaces Harold Spencer, who had been serving as the Company’s interim chief financial officer in connection with the Company’s initial public offering. Prior to joining TriplePoint Capital, Mr. Zagunis served as a managing director of Redwood Trust, Inc. Before serving in that role, he held a number of other senior positions at Redwood Trust, including chief risk officer and chief financial officer, from 1995 to 2011. From 1986 until 1995, Mr. Zagunis was the vice president of finance for Landmark Land Company, Inc.
Juno Therapeutics announced that Steve Harr, M.D., will join the company as its Chief Financial Officer and Head of Corporate Development. Harr currently serves as Managing Director and Head of Biotechnology Investment Banking at Morgan Stanley. Prior to his investment banking role at Morgan Stanley, Harr was the firm’s biotech research analyst and co-head of global healthcare research. He joins Juno after 12 years with Morgan Stanley. Prior to Morgan Stanley, Harr worked as a research analyst at Robertson Stephens.
Localytics announced that David Stack has joined the company as chief financial officer. Stack previously served as chief financial officer for HubSpot. Prior to HubSpot, Stack was vice president of finance for EMC and vice president of finance for RSA Security.
Scientific Games Corporation (NASDAQ: SGMS) announced that Scott D. Schweinfurth has been promoted to Executive Vice President and Chief Financial Officer of the Company. He replaces Jeffrey S. Lipkin. Scott spent 13 years as WMS’ Executive Vice President, Chief Financial Officer and Treasurer. From 1995 until joining WMS in 2000, he served as Senior Vice President, Chief Financial Officer and Treasurer of Bally Technologies. Previously, he had been at Ernst & Young for 18 years, serving the last six years as an audit partner.
Vectren Corporation (NYSE: VVC) announced that Jerome (Jerry) Benkert, Vectren’s executive vice president and chief financial officer, announced his intentions to transition from his chief financial officer (CFO) responsibilities and toward his full retirement, which is currently expected during the second quarter of 2015. Benkert will become executive vice president and chief administrative officer. Susan Hardwick will become senior vice president and CFO. Hardwick has served as Vectren’s senior vice president of finance since August 2013 and prior to this role was the company’s vice president and controller.
Wireless Ronin Technologies, Inc. (OTC: RNIN) has appointed John Walpuck as its Chief Operating Officer and Chief Financial Officer. Mr. Walpuck will succeed Darin McAreavey, who resigned as Chief Financial Officer. Mr. Walpuck has served as an executive officer for publicly traded and privately held companies ranging in size from $25,000 in startup capital to over $20 billion in revenue.
Cypress Semiconductor Corp. (NASDAQ: CY) announced that Brad Buss, Executive Vice President and Chief Financial Officer, is retiring from Cypress after eight years of service. He will remain EVP and CFO through June 1, 2014, after which Thad Trent, currently Vice President of Finance, will assume the role of EVP and CFO. Buss will then continue on a part-time basis, assisting in the transition through September 1, 2014, after which he will become a non-employee advisor to the Board and the CEO through April 30, 2015. Trent joined Cypress in 2005 and has been Vice President of Finance since 2010.
Wave Systems Corp. (NASDAQ: WAVX) announced the appointment of Walter A. Shephard as Chief Financial Officer (CFO), succeeding Gerard Feeney. Mr. Shephard was most recently as Chief Financial Officer of Luminus Devices. Prior to Luminus Devices, Mr. Shephard served as CFO, Vice President of Finance and Treasurer of Zygo Corporation. Previously, he was Vice President and CFO for GenRad Inc.
Mexican Restaurants, Inc. (MRI) announced the appointment of Lawrence Neumann as Chief Financial Officer. Lawrence Neumann is currently the Chief Financial Officer of Williston Holding Company (WHC). WHC had recently acquired approximately 80% of MRI.
Atlantic Metro Communications, Inc. announced the appointment of Roy Ceccato as acting Chief Financial Officer of the Company. Mr. Ceccato started with Atlantic Metro in January 2013, as the principal financial representative on the Company’s outside Advisory Committee.
Medivation, Inc. (NASDAQ: MDVN) announced the appointment of Rick Bierly as chief financial officer. As previously announced, after more than 10 years as Medivation’s chief business and financial officer, Patrick Machado is retiring from his position. Rick Bierly brings to Medivation over 30 years’ experience in finance roles at Glaxo-SmithKline, Aventis, Centocor and Johnson & Johnson. Among these roles were biotechnology CFO, diagnostics CFO, Treasurer, External Reporting director, head of shared services and operational finance roles in support of sales, marketing, supply chain and R&D. He began his career in public accounting at Ernst & Young (EY).
Sierra Monitor Corporation (OTC: SRMC) announced that it has named Tamara S. Allen as the company’s chief financial officer. In addition to assuming the title and responsibilities of the company’s chief financial officer, Ms. Allen will continue to serve as Sierra Monitor’s Human Resources manager. Ms. Allen joined Sierra Monitor Corporation as accounting manager in January 1996, and was appointed controller in March 2005. Prior to joining Sierra Monitor, Ms. Allen held various accounting positions with increasing responsibility at Philips Semiconductors.
Dynamic Materials Corporation (NASDAQ: BOOM) announced the appointment of Michael Kuta as chief financial officer. Kuta joins the Company from The Lubrizol Corporation. Kuta assumes the CFO position from Rick Santa who has been named senior vice president of business development. Kuta most recently served as corporate controller.
University of Phoenix announced that it has named Timothy P. Slottow as the new president of the University. Slottow currently serves as executive vice president and chief financial officer at the University of Michigan. He will assume office at University of Phoenix on June 20, 2014. Prior to his work at the University of Michigan, Slottow oversaw strategic business planning and finance at Amtrak in Washington, D.C.; served as director of policy and planning for the City of Seattle; and was a manager at Accenture (formerly Andersen Consulting).
University of Michigan announced that Executive Vice President and Chief Financial Officer Timothy P. Slottow was announced as the next president of the University of Phoenix. Douglas L. Strong, chief executive officer of U-M Hospitals and Health Centers, has been appointed interim executive vice president and chief financial officer. Strong previously served as associate vice president for Health System finance and chief financial officer of the Hospitals and Health Centers.
Caliber Imaging & Diagnostics (OTC: LCDX), formerly Lucid, Inc., has named Richard C. Christopher as Chief Financial Officer. Mr. Christopher replaces Richard J. Pulsifer. Mr. Christopher served for eight years as Chief Financial Officer of DUSA Pharmaceuticals, Inc., until its sale to Sun Pharmaceuticals Industries Limited in 2012. Mr. Christopher arrived at DUSA in 2000 and held a series of positions of increasing responsibility before assuming the CFO role in January 2005.
Quantum Retail Technology Inc. announced that Kevin Davidson has joined the company as its Chief Financial Officer. Davidson joins Quantum after serving as CEO of Critical Perfusion from 2012 to 2014. Previously he held C-level positions with BioDrain Medical Inc., OrthoRehab Inc., and was a Managing Director at Arthur Andersen LLP.
3D Systems Corporation (NYSE: DDD) announced that Damon Gregoire, the Company’s Senior Vice President and Chief Financial Officer, will continue to serve the Company as its Senior Vice President and Chief Financial Officer through the date of the Company’s hiring of the his successor, at which time he will transition to the role of Executive Vice President of Mergers & Acquisitions of the Company.
CDI Corp. (NYSE: CDI) announced that Executive Vice President and CFO Robert Larney, has agreed to serve as the interim president and CEO. Once a candidate is selected and is in place Larney will return to the duties as CFO for the company. Larney joined CDI in 2011, previously serving as Senior Vice President and Chief Financial Officer of Tekni-Plex, Inc. He has also been Chief Financial Officer for Foamex International, Inc., Executive Vice President and CFO of the Americas for Rieter Automotive Systems, and CFO for the Lutron Electronics, Inc.
Sebring Software, Inc. (OTC: SMXI) announced that Alan Barberio resigned as the Company’s Chief Financial Officer. Larry Colton, who was serving as the Company’s Vice President of Finance, has been appointed the Company’s Chief Financial Officer. Mr. Colton has five years as CFO for a company in the automotive claims industry from 2005-2010.
1st Constitution Bancorp (NASDAQ: FCCY) appointed Stephen J. Gilhooly as the Company’s Senior Vice President, Chief Financial Officer and Treasurer. Joseph M. Reardon, the Company’s Senior Vice President and Treasurer, served as the Company’s principal financial officer prior to Mr. Gilhooly’s appointment. In connection with Mr. Gilhooly’s appointment, Mr. Reardon relinquished his positions at the Company but will continue as Senior Vice President of 1st Constitution Bank, a wholly-owned subsidiary of the Company (the “Bank”). Prior to his appointment with the Company, Mr. Gilhooly served as the Bank’s Senior Vice President and Chief Financial Officer. Prior to joining the Bank, Mr. Gilhooly most recently served as Senior Vice President and Treasurer of Florida Community Bank Weston, Florida from May 2011 to May 2013. Prior to joining Florida Community Bank Mr. Gilhooly served as Executive Vice President and Treasurer of the banking subsidiaries of Capital Bank Financial Corporation since September 2010. Prior to its acquisition by CBF, Mr. Gilhooly was Executive Vice President, Treasurer and Chief Financial Officer of TIB Financial Corp. from 2006 to 2010. Prior to joining TIB, Mr. Gilhooly worked for 15 years with Advest, Inc. as Director in the company’s Financial Institutions Group.
Nationstar Mortgage Holdings Inc. (NYSE: NSM) announced that David Hisey, Nationstar’s current Chief Financial Officer, will be assuming the newly-created position of Chief Strategy and External Affairs Officer. Prior to joining Nationstar, Mr. Hisey held various executive roles at Fannie Mae, including Deputy Chief Financial Officer, during his seven year tenure. Robert Stiles will expand his responsibilities and assume the Chief Financial Officer role at Nationstar. Mr. Stiles is the current Chief Financial Officer of Solutionstar, a wholly-owned subsidiary of Nationstar. Previously, Mr. Stiles served as the Chief Financial Officer for Altisource Portfolio Solutions, for three years. Before joining Altisource, Mr. Stiles was the Director & Controller for Centerline Capital. Mr. Stiles has also held senior financial leadership positions with Viacom, Time Warner and KPMG.
Amarantus Bioscience Holdings, Inc. (OTC: AMBS) announced the appointment of Robert Farrell as Chief Financial Officer. Marc Faerber will continue with Amarantus in his new role as Corporate Controller and Vice President of Financial Operations. Mr. Farrell served as Chief Financial Officer of Titan Pharmaceuticals from 1996 to 2008, and as President and CEO from 2008 to 2010. Mr. Farrell most recently served as CFO at Sanovas, Inc. Mr. Farrell previously served as CFO, Corporate Group Vice President and General Counsel at Fresenius USA and Fresenius Medical Care. Mr. Farrell also previously served as the CFO for the Institute for One World Health in San Francisco and currently serves on the Board of Directors of Prime Genomics, Inc.
Xenetic Biosciences, Inc. (OTC: XBIO) appointed Darlene Deptula-Hicks to serve as a member of the board of directors. Since June 2012, Ms. Deptula-Hicks has served as Executive VP and Chief Financial Officer of Microline Surgical, Inc. From 2006 to 2011, Ms. Deptula-Hicks was the Executive VP, Chief Financial Officer, Treasurer and Secretary of ICAD, Inc.
CafePress Inc. (NASDAQ: PRSS) announced that Garett Jackson assumed the position of interim Chief Financial Officer. Prior to becoming Interim Chief Financial Officer, Mr. Jackson served as our Chief Information Officer starting in June 2013. Before joining CafePress, Mr. Jackson served as Chief Financial Officer of National Patient Account Services, Inc. (NPAS), from February 2003 to June 2013.
Frozen Food Gift Group, Inc. (OTC: FROZ) appointed Alexander Kramer to serve as Chief Financial Officer. Mr. Kramer recently joined parent APT.