CFO Moves this week include:
|Kodak||Wynn Resorts, Limited||Celgene Corporation|
|Career Education Corporation||Neos Therapeutics, Inc.||Novatel Wireless, Inc.|
|Civergy, Inc.||Kony, Inc.||Harvest Power|
|ZaZa Energy Corporation||WhiteHorse Finance, Inc.||Code42|
|Apollo Medical Holdings, Inc.||RF Surgical Systems Inc.||APT Group, Inc.|
|Global Payments Inc.||ITC Holdings Corp.||AMC Health|
|Avalanche Biotechnologies, Inc.||Nasuni||Gordon Brothers Group|
|IEC Electronics Corp.||Acquia||CFEngine, Inc.,|
|MuleSoft||MYOS Corporation||Ocwen Financial Corporation|
|Vocera Communications, Inc.||Neural ID|
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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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Kodak (NYSE: KODK) announced that John N. McMullen has been named Executive Vice President and Chief Financial Officer, effective June 15, 2014. McMullen held a series of senior financial roles during a 32-year career with HP and predecessor companies, Compaq Computer and Digital Equipment Corporation. His positions included Senior Vice President of Finance and Corporate Treasurer of HP, Chief Financial Officer of HP’s Imaging and Printing Group, Vice President of Finance and Strategy for Compaq’s Worldwide Sales and Services Group, Compaq’s Director of Investor Relations, and Controller of DEC’s Worldwide Products Division. Since 2011, McMullen also has been a member of the Board of Directors and Audit Committee Chair of Vocera Communications. He succeeds Rebecca A. Roof who has, since September 2012, served as Kodak’s interim Chief Financial Officer while remaining a Managing Director of AlixPartners LLP, which advised the company during its complex and successful Chapter 11 reorganization.
Wynn Resorts, Limited appointed Stephen Cooteyas the Company’s Chief Financial Officer, Senior Vice President and Treasurer. Mr. Cootey has served as the Company’s Treasurer since February 2014, and as the Company’s Senior Vice President – Finance from January 2014 to May 2014. Prior to joining the Company, Mr. Cootey served as Senior Vice President – Corporate Finance for Las Vegas Sands Corporation from March 2012 to December 2013, and Vice President – Corporate Finance from October 2009 to March 2012. From June 2004 to October 2009, Mr. Cootey was Partner and Senior Research Analyst with Prides Capital, LLC.
Celgene Corporation (NASDAQ: CELG) announced that Jacqualyn Fouse, PhD, is promoted from the CFO role to President Hematology & Oncology and that Peter Kellogg will join Celgene as Executive Vice President, Chief Financial Officer (CFO). Peter will join Celgene on July 1, 2014, and will become CFO effective August 1st. He is an industry veteran having most recently served as CFO and Executive Vice President at Merck & Co, Inc. Prior to Merck, Peter was CFO and Executive Vice President of Finance at Biogen Idec Inc.
Career Education Corporation (NASDAQ: CECO) announced the appointment of Reid E. Simpson as Senior Vice President and Chief Financial Officer. He replaces Colleen O’Sullivan who is leaving the organization, but will remain available for consultation to Mr. Simpson through the end of June to ensure a smooth transition. Before joining Career Education, Mr. Simpson was Senior Vice President and Chief Financial Officer of the then NASDAQ-listed Asset Acceptance Capital Corp. and was instrumental in the sale of the company to Encore Capital Group in 2013. Mr. Simpson’s career includes a variety of senior financial leadership roles in both publically- and privately-held businesses, including CFO positions at Aircell (now Gogo Inc.), eCollege (then a NASDAQ-listed provider of value-added services to the post-secondary and K-12 education markets) and CCC Information Services Inc. He also worked at The Signature Group, Delphi Information Systems Inc. and spent 16 years with The Dun & Bradstreet Corporation. During the past seven years, Mr. Simpson was a Board member and Audit Committee member for Helix Education, Inc. (formerly named Datamark Inc.)
Neos Therapeutics, Inc. announced the appointment of Richard I. Eisenstadt to the role of Chief Financial Officer. Before joining Neos Therapeutics, he served as Chief Financial Officer of ArborGen Inc. Prior to ArborGen, Mr. Eisenstadt was Vice President of Finance and Chief Financial Officer of Tranzyme Pharma. Prior to joining Tranzyme, Mr. Eisenstadt served as Director of Finance at Cogent Neuroscience, and held financial leadership positions at Nimbus CD International and Genicom Corporation.
Novatel Wireless, Inc. (NASDAQ: NVTL) announced that chief financial officer, Kenneth Leddon, has decided to leave the company effective May 31, 2014. Mr. Leddon has accepted a chief financial officer position with another company.
Civergy, Inc. announced that Dan Hollenbach has been appointed Chief Financial Officer. Prior to joining Civergy, Dan led the consulting practice in Colorado for Robert Half Management Resources, and was VP of Finance and CFO for Global Employment Holdings. Previously, he served as the Controller and CFO of Imprimis Group.
Kony, Inc. announced the appointment of John R. Joyce as chief financial officer (CFO) and vice chairman. Joyce served in a variety of senior posts during his 30-year career at IBM, which included successful stints as CFO, head of IBM Global Services and head of IBM’s Asia-Pacific operations. Following IBM, Joyce served as managing director at SilverLake, and most recently served as the vice chairman and CFO of Silver Spring Networks. Joyce continues to serve as vice chairman.
Harvest Power announced that it has named Christian G. Kasper as Executive Vice President and Chief Financial Officer. Kasper comes to Harvest Power from The Princeton Review, Inc., where he served as Executive Vice President and Chief Financial Officer. Chris has previously served as CFO for three companies where he partnered with leading private equity and venture capital firms including Bain Capital Ventures, Thomas H. Lee Partners, and Aurora Capital Group.
ZaZa Energy Corporation (NASDAQ: ZAZA) announced that Paul F. Jansen, currently the Company’s Chief Accounting Officer (CAO), assumed the position of Chief Financial Officer (CFO). Prior to joining the Company in March 2013, Mr. Jansen was Controller and CAO for Crimson Exploration Inc., which merged with Contango Oil & Gas Company last year. Previously, he worked for PricewaterhouseCoopers LLP. Mr. Jansen replaces Ian H. Fay. Mr. Fay will continue to serve as an outside strategic advisor to ZaZa, the role he played for ZaZa and other companies prior to assuming the position of CFO.
WhiteHorse Finance, Inc. (NASDAQ: WHF) announced that its Board of Directors has promoted Gerhard Lombard to the position of Chief Financial Officer and Treasurer, effective June 15, 2014. Alastair Merrick, WhiteHorse Finance’s current Chief Financial Officer and Treasurer, will be stepping down in order to pursue other opportunities. Mr. Merrick will remain with the Company as a consultant until December 31, 2014 to ensure an orderly transition. Gerhard Lombard currently serves as WhiteHorse Finance’s Controller. He joined the Company in September 2012 prior to the Company’s December IPO. Previously, Mr. Lombard was Group Controller for Churchill Financial Group from 2007 until joining WhiteHorse Finance. Earlier in his career, he spent approximately 11 years at Ernst & Young LLP, rising to the level of Senior Manager.
Code42 announced the appointment of Jason Bristow as its chief financial officer (CFO). Bristow joins Code42 from Amazon.com, where he served as vice president and treasurer. Prior to his time with Amazon, Bristow held senior financial roles at General Electric, both domestically and internationally.
Apollo Medical Holdings, Inc. (OTC: AMEH) announced the appointment of Mitchell R. Creem as Chief Financial Officer. Mr. Creem is a seasoned healthcare executive with more than 30 years of experience as both a CEO and CFO including: CEO for Keck Hospital of USC and USC Norris Cancer Hospital; CFO for UCLA Medical Center; CFO for Beth Israel Deaconess Medical Center; CFO for Tufts Medical Center. Mr. Creem replaces Kyle Francis, former CFO and Executive Vice President.
RF Surgical Systems Inc. announced the appointment of Ron Wangerin as CFO. Wangerin has over 25 years of diverse financial experience, including 10 years as CFO of ViaSat, Inc.; two years as CFO with NexusData, Inc.; three years as CFO with Hughes/Raytheon Training LLC, a subsidiary of Raytheon Company, and nine years with Deloitte & Touche LLP.
APT Group, Inc. announced the resignation of Chief Financial Officer Alexander Kramer, who is leaving to pursue an opportunity in another industry out of state. Mr. Kramer’s resignation is effective May 30, 2014. William Maher, SVP Corporate and Legal Affairs, will step in as interim-CFO.
Global Payments Inc. (NYSE: GPN) announced the promotion of David E. Mangum to President and Chief Operating Officer. Mangum joined Global Payments in 2008 as Executive Vice President and Chief Financial Officer and was promoted to Senior Executive Vice President and Chief Financial Officer in 2011. He will assume his new role on June 30, 2014. Cameron M. Bready has accepted the role of Executive Vice President and Chief Financial Officer of Global Payments, also effective June 30, 2014. Since 2011, he served as Executive Vice President and Chief Financial Officer for ITC Holdings Corp. Bready joined ITC Holdings in April 2009 as Senior Vice President, Chief Financial Officer and Treasurer.
ITC Holdings Corp. (NYSE: ITC) announced that Cameron M. Bready , executive vice president and CFO, will resign from the company effective June 20, 2014 to accept a senior leadership position with a technology firm based in Atlanta, Ga. Rejji P. Hayes, the current vice president of Finance and Treasurer of ITC, has been named the company’s interim CFO.
AMC Health announced that Walter D. Hosp has been appointed to the newly created position of Chief Financial Officer, starting on July 7, 2014. Mr. Hosp currently serves as a Director and Chair of the Audit Committee for the Trustwave Holdings, Inc. Board and was formerly on the boards of Bostwick Laboratories, Inc., Hexcel Corporation and the United Way of Westchester and Putnam Counties where he served as Chairman of the Board. Hosp comes to AMC Health after serving seven years as Executive Vice President, CFO and Chief Administrative Officer of HMS Holdings Corporation. Previously, Mr. Hosp spent five years as Vice President and Treasurer of Medco Health Solutions, Inc. (now Express Scripts). His extensive resume also includes six years as CFO and President of the Business Support Center at CIBA Specialty Chemicals Corporation (now BASF Corporation), as well as six years as Vice President and Treasurer of CIBA-Geigy Corporation (now Novartis Corporation).
Avalanche Biotechnologies, Inc. announced the appointment of Linda C. Bain as Chief Financial Officer. Prior to joining Avalanche, Ms. Bain was Chief Accounting Officer, Vice President of Finance and Business Operations, and Treasurer at bluebird bio in Cambridge, Massachusetts. Preceding her tenure at bluebird bio, Ms. Bain was at Genzyme Corporation, where she held multiple roles, including Vice President of Finance, Global Manufacturing & Operations and Vice President of Finance of Genzyme Genetics. Previously, she held various senior leadership positions in finance at Fidelity Investments, AstraZeneca Pharmaceuticals and positions in audit at Deloitte & Touche.
Nasuni announced that Steve Boulanger, who previously served as chief financial officer at Care.com, has joined the company to serve as its CFO. Before joining Nasuni as CFO, Boulanger managed the corporate finance and accounting functions for six years at Care.com. Prior to Care.com Boulanger held similar positions at Tagsys RFID Group; OpenPages, Inc. (acquired by IBM); Cimaron Communications (acquired by AMCC); and FASTech Integration, Inc. (acquired by Brooks Automation).
Gordon Brothers Group announced that Michael P. Muldowney has joined the firm as Chief Financial Officer. Prior to joining Gordon Brothers Group, Mr. Muldowney was the Founder and Chief Executive Officer of Foxford Capital. Prior to this role, he served as Interim Chief Executive Officer, Executive Vice President and Chief Financial Officer of global education leader, Houghton Mifflin Harcourt. Earlier in his career, Mr. Muldowney held various positions including President, at Nextera Enterprises, Partner at Oliver Wyman, (formerly Mercer Management Consulting) and various management positions at Marsh & McLennan Companies.
IEC Electronics Corp. (NYSE: IEC) announced the promotion of Michael T. Williams to Vice President, Finance and Chief Financial Officer. Effective June 1, 2014 Mr. Williams will replace Vincent A. Leo, who will return to Insero & Company, the CPA consulting firm at which he is a principal. Mr. Williams previously served in a number operations and finance roles during his career at Bausch & Lomb Incorporated. Before that, Mike was a financial analyst with Harris Corporation.
Acquia announced the appointment of software industry veteran Bill Sorenson as chief financial officer. Sorenson was previously the CFO of Qlik Technologies. Sorenson also led finance operations for companies as CFO at EMI Music Publishing and the Bertlesmann eCommerce Group, which funded Napster, as well as at several early stage start ups. Prior to that he served as senior VP of global finance at News Corporation.
CFEngine, Inc. announced the appointment of Eoin O’Connor to the post of Chief Financial Officer. Eoin brings diverse industry experience and skillset having successfully led various finance functions at large enterprises such as Oracle and Siebel Systems, as well as at early stage startup companies. Eoin began his career at KPMG, and has spent 25 years in leadership roles across both finance and operations functions. Most recently he was at ON24 and Space-Time Insight Inc.
MuleSoft announced that it has appointed Matt Langdon as chief financial officer. Matt most recently served as CFO of TIBCO Software Inc. In his 11-year tenure with TIBCO, he held key leadership positions, including senior vice president of strategic operations, CMO, vice president of corporate development and director of sales enablement. His earlier career experience includes positions in product management at Siebel Systems, investment management at an affiliate of Bass Brothers Enterprises, and investment banking at Donaldson, Lufkin & Jenrette.
MYOS Corporation (OTC: MYOS) announced the appointment of Joseph C. DosSantos, as Chief Financial Officer. Mr. DosSantos joins MYOS from Actavis plc, where he served as Executive Director, Finance Operations. Previously, he served as Vice President, Corporate Controller, of Alvogen. Mr. DosSantos has also served as Senior Director, Assistant Corporate Controller at Celgene Corporation. Additionally he has held positions of increasing responsibilities at Cytec Industries and National Starch & Chemical.
Ocwen Financial Corporation appointed Michael R. Bourque, Jr. as Executive Vice President and Chief Financial Officer, effective June 2, 2014. The Board appointed our Executive Vice President and Chief Financial Officer, John V. Britti, as Executive Vice President and Chief Investment Officer of Ocwen, effective as of June 2, 2014. Prior to joining Ocwen, Mr. Bourque spent fifteen years in various financial leadership positions in the General Electric Company, spanning both GE’s industrial businesses as well as GE Capital. Most recently, from 2013 to April 2014, Mr. Bourque served as Chief Financial Officer for GE Distributed Power, a business within GE Power & Water. Prior to that he served in other CFO, financial planning and analysis and internal audit roles at General Electric.
Vocera Communications, Inc. (NYSE: VCRA) announced that its chief financial officer, William Zerella, plans to leave the company on June 6, 2014. Mr. Zerella will become CFO of a consumer wearable devices company in Silicon Valley.
Neural ID announced the appointment of Will Frederick as Chief Financial Officer. He joins Neural ID from Entelos, where he served as Chief Financial Officer. Prior to Entelos, Mr. Frederick’s nearly 25 years of experience includes serving as CFO of the Global Communications Solutions division at Avaya Inc, as well as CFO roles at NovaRay Medical, Pharsight Corp., and Versata Inc.