CFO Moves this week include:
|Vendavo||LoJack Corporation||dELiA*s, Inc.|
|Untangle, Inc.||TIER REIT, Inc.||BIND Therapeutics, Inc.|
|Kyruus||Patent Properties, Inc.||Polycom, Inc.|
|Travel Channel||Heatwurx, Inc.||American Midstream Partners, LP|
|Exosome Diagnostics||Siluria Technologies||Broadridge Financial Solutions, Inc.|
|This Technology Inc.||Summit Hotel Properties, Inc.||OCI Resources LP|
|ObserveIT||Enzo Biochem, Inc.||Mack-Cali Realty Corporation|
|Islet Sciences, Inc.||Destination XL Group, Inc.||The Mosaic Company|
|Medical Action Industries Inc.||AK Steel||TESARO, Inc.|
|AutoGenomics, Inc.||Cellectar Biosciences, Inc.||Promise Healthcare|
|99 Cents Only Stores LLC||Ignyta, Inc.||iEntertainment Network 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.
Vendavo announced that Christine Russell has joined the company as chief financial officer. Most recently, Russell was CFO at EAG. Prior to EAG, Russell held executive leadership positions at Virage Logic (Synopsys), Outerbay Technologies (HP), Ceva and Cygnus Solutions (Red Hat). Additionally, she held senior financial positions at Xerox and Measurex (Honeywell). Under her leadership, Silicon Valley firms Persistence Software and Valence Technology completed successful IPOs.
LoJack Corporation (NASDAQ: LOJN) announced that Executive Vice President and Chief Financial Officer Donald R. Peck is leaving the Company to pursue new opportunities. Effective immediately, Casey Delaney, LoJack’s Vice President and Controller since April 2011, will serve as Acting CFO until a full-time replacement is named. Before joining LoJack, Delaney worked as Corporate Controller of WB Mason Company from October 2008 to April 2011, and during her tenure served as Acting CFO for a 12-month period. Before joining WB Mason, Delaney served as the Director of US Accounting at Computershare LTD from August 2007 to October 2008 and from April 1992 to August 2007 served in various finance positions at Houghton Mifflin. From 1989 to 1992, Delaney worked as a CPA for Deloitte & Touche in Boston.
Untangle, Inc. announced the appointment of Jonathan Spira as Chief Financial Officer. Jonathan has served as chief financial officer blnkx plc, Kapow Technologies, Packethop, Atrenta, ePeople, and Autonomy Corp. Before serving as a CFO, Mr. Spira held senior finance and planning positions at The Walt Disney Co., PepsiCo Inc. and Nestle Food Company and worked as a consultant in Peat Marwick’s Merger & Acquisition practice.
TIER REIT, Inc. announced that it has hired Dallas E. Lucas to serve as its chief financial officer. Mr. Lucas served most recently as chief financial officer of Intrawest ULC. Prior to joining the Intrawest team, Mr. Lucas was a founding partner of Pacshore Partners, and formerly served as chief executive officer, president and director at Pacific Office Properties Trust, Inc. and as executive vice president and chief financial officer of Maguire Properties, Inc.
BIND Therapeutics, Inc. (NASDAQ: BIND) elected Charles A. Rowland, Jr., most recently the Vice President and Chief Financial Officer of ViroPharma Incorporated, to its Board of Directors. He served as the Vice President and Chief Financial Officer of ViroPharma Incorporated until it was acquired by Shire plc in January 2014. Prior to joining ViroPharma in 2008, Mr. Rowland was the Executive Vice President and Chief Financial Officer, as well as the interim Co-Chief Executive Officer, for Endo Pharmaceuticals Inc., where he served from 2006 to 2008. From 2004 to 2006, Mr. Rowland was the Senior Vice President and Chief Financial Officer of Biovail Corporation. Mr. Rowland previously held positions of increasing responsibility at Breakaway Technologies, Inc., Pharmacia Corporation, Novartis AG and Bristol-Myers Squibb Co.
Kyruus announced that Edmond Furlong has joined the company as its Chief Financial Officer. Mr. Furlong previously served as the Chief Operating Officer and Chief Financial Officer of Exa Corporation. Prior to Exa, Mr. Furlong served as Senior Vice President at Fidelity Strategic Investments in Boston.
Patent Properties, Inc. (OTC: PPRO) announced the appointment of Kara Jenny as its Chief Financial Officer. Ms. Jenny joins Patent Properties from Fashion to Figure, where she was CFO. Prior to Fashion to Figure, Ms. Jenny spent over 13 years at Bluefly. Ms. Jenny served as Bluefly’s CFO for five years and had previously served as Vice President of Finance prior to her promotion to CFO. Ms. Jenny began her career at Arthur Andersen LLP.
Polycom, Inc. (NASDAQ: PLCM) announced that Laura Durr has been appointed Chief Financial Officer. This follows Durr’s appointment to Interim CFO in March 2014, following a 10-year career with Polycom. For the past nine years, Durr has served as Polycom’s principal accounting officer, a role that will remain part of her new position as Polycom’s CFO. Prior to joining Polycom, Durr held executive positions in Finance and Administration at QuickSilver Technology, C Speed Corporation and Lucent Technologies. She spent six years at Price Waterhouse LLP.
Travel Channel, owned and operated by Scripps Networks Interactive (NYSE:SNI), announced that Kellie Goldstein has been named senior vice president and chief financial officer. Goldstein joins Scripps Networks from Thomson Reuters where she served as chief financial officer for the Middle East, Africa and Russia territories. While at Thomson Reuters, she also held lead finance positions in several emerging and international markets.
Heatwurx, Inc. (OTC: HUWX) and its subsidiary Dr. Pave has named Alexander Kramer as chief financial officer. Kramer starts June 10, 2014. Kramer will be replacing outgoing CFO Allen Dodge. Prior to joining Heatwurx, Kramer was a director at Millennium Capital, vice president of Finance & Accounting for VSI California, and headed the Trade Finance Group for American Honda Motor Co, all of which are based in Southern California. Additionally, he was CFO of the UWD Group in Tacoma, Wash., and was vice president international at the World Trade Center Association in Los Angeles. Currently, Alex sits on the boards of several non-profits including The International Visitors Council of Los Angeles.
American Midstream Partners, LP (NYSE: AMID) announced the appointment of Rose M. Robeson to the board of directors of its general partner. Ms. Robeson will serve as an independent director and as a member of the Audit and Compensation committees. Ms. Robeson most recently served as Senior Vice President and Chief Financial Officer of DCP Midstream GP, LLC, the General Partner of DCP Midstream Partners LP, from 2012 to 2014. Ms. Robeson also served as Group Vice President and Chief Financial Officer of DCP Midstream LLC from 2002 to 2012. Prior to her appointment as CFO of DCP Midstream LLC, Ms. Robeson was the Vice President and Treasurer at DCP, and previously served as Vice President and Treasurer at Kinder Morgan as well as in a number of finance and accounting positions at Total Petroleum (North America) Ltd.
Exosome Diagnostics announced that William J. Kelly has been appointed as its chief financial officer. For the past six years, Mr. Kelly worked at RepliGen Corporation, where he was the company’s principal financial officer for more than five of those years, serving as either chief accounting officer or chief financial officer since 2008. From 2001 to 2008, Mr. Kelly was corporate controller of Haemonetics Corporation.
Siluria Technologies announced the appointment of Jeffrey P. Wood to Executive Vice President and Chief Financial Officer effective June 9, 2014. Wood will join Siluria from Eagle Rock Energy Partners, where he served as Senior Vice President and Chief Financial Officer. Prior to Eagle Rock, Wood spent 11 years at Lehman Brothers Holdings Inc. in a number of investment banking and investment management positions. Wood started his career in public accounting with Price Waterhouse LLP.
Broadridge Financial Solutions, Inc. (NYSE: BR) announced that James M. Young has been appointed the company’s Chief Financial Officer and Corporate Vice President effective June 23, 2014. He joins Broadridge after serving in senior finance roles at Visa Inc. where he has worked since 2006. Most recently, Mr. Young served as Senior Vice President, Finance and was responsible for global financial planning and analysis for Visa’s businesses in North America, Latin America, Asia Pacific, Central Europe, the Middle East and Africa. Previously, he served as the Head of Corporate Finance. Prior to joining Visa, Mr. Young was a finance executive at Arena Solutions and Grand Central Communications. Mr. Young replaces Dan Sheldon, who left the company in April 2014 after serving as its Chief Financial Officer since the company became an independent public company in 2007.
This Technology Inc. announced that Peter Faubert joined as chief financial officer. Faubert comes to This Technology following leadership roles with a broad range of technology companies, including most recently as CFO with Vision Government Solutions, Inc. Previously, he served as CFO and acting COO for MocoSpace and Turbine, Inc., and corporate controller and chief accounting officer at Viisage Technology. Faubert began his career as a consultant with PricewaterhouseCoopers LLP and Deloitte & Touche LLP.
Summit Hotel Properties, Inc. (NYSE: INN) announced the appointment of Chief Accounting Officer, Paul Ruiz as interim Chief Financial Officer. Mr. Ruiz will assume the responsibilities from Stuart Becker, who has resigned. Mr. Ruiz joined Summit Hotel Properties in May 2014. Most recently, Mr. Ruiz was the Director of Global Corporate Accounting for Freescale Semiconductor, Inc. He began his career with PricewaterhouseCoopers.
OCI Resources LP (NYSE: OCIR) announced the appointment of Kevin L. Kremke as chief financial officer. Choungho “Charles” Kim, the current chief financial officer for OCI Resources, has accepted a position as chief financial officer of OCI Energy LLC. Most recently, Kremke served as vice president, finance and strategic planning for Cheniere Energy, Inc. Prior to joining Cheniere, he served as vice president, energy structuring and supply for Spark Energy. Kremke brings additional financial leadership experience from Reliant Energy and NiSource Inc.
ObserveIT has appointed Peter Biro to head the company’s finance team as Chief Financial Officer. Mr. Biro joins ObserveIT from Restaurant Sciences (acquired by GuestMetrics LLC), where he served as vice president of business and corporate development. Prior to Restaurant Sciences, Mr. Biro served as an entrepreneur-in-residence at General Catalyst Partners, and as chief operating officer of publicly-traded online marketing company Lyris Inc. He also founded The Cowper Group, a management consultancy focused on mergers and acquisitions in IT infrastructure and service companies.
Enzo Biochem, Inc. (NYSE: ENZ) announced the appointment of James M. O’Brien as Senior Vice President, Finance. Most recently Mr. O’Brien was Vice President and Corporate Controller for Actavis, plc. Previously, he held senior level finance positions with Nycomed US, Aptuit, Inc., Purdue Pharma LLP and Bristol Myers Squibb Company. Mr. O’Brien began his career with PricewaterhouseCoopers LLP. Mr. O’Brien replaces Andrew Crescenzo.
Mack-Cali Realty Corporation (NYSE: CLI) announced that it has appointed Anthony Krug as chief financial officer of the Company. Mr. Krug previously served as acting chief financial officer and chief accounting officer.
Islet Sciences, Inc. (OTC: ISLT) announced the appointment of Steven Delmar as Chief Financial Officer. Mr. Delmar served most recently as Director of Business Operations at Computer Sciences Corporation (CSC). Prior to his role at CSC, Mr. Delmar served as Chief Financial Officer of Integrity Management Consulting. He also served as Senior Vice President and Chief Financial Officer of ACE*COMM Corporation. Mr. Delmar spent 22 years at Microlog Corporation, including 15 years as an executive officer, serving most recently as Chief Financial Officer.
Destination XL Group, Inc. (NASDAQ: DXLG) announced that Peter H. Stratton, Jr. has been appointed to the position of senior vice president, chief financial officer (CFO) and treasurer. Stratton replaces John E. Kyees, who was serving as interim CFO. Stratton has been serving as Destination XL’s senior vice president of finance, corporate controller, and chief accounting officer since September 2009. He joined the Company in June 2009 as vice president of finance. From May 2007 to June 2009, he served as senior director of corporate accounting at BearingPoint, Inc. Prior to May 2007, he held various finance and accounting leadership positions at Legal Sea Foods, Inc., Shaw’s Supermarkets, Inc., and Cintas Corporation.
The Mosaic Company (NYSE: MOS) announced that has named Lawrence W. Stranghoener as Interim CEO. Mr. Stranghoener has served as Mosaic’s Executive Vice President and Chief Financial Officer since the company’s formation in 2004. Mosaic also announced that Mr. Stranghoener intends to retire at the end of 2014 and that the Board has named Richard L. Mack, Executive Vice President and Chief Financial Officer effective June 1, 2014. Upon Mr. Prokopanko’s return, Mr. Stranghoener will serve as Executive Vice President – Strategy and Business Development until his retirement date and will focus on ensuring a smooth transition of his CFO duties to Mr. Mack. Mr. Mack is currently Executive Vice President, General Counsel and Corporate Secretary and has served as Mosaic’s General Counsel since the company’s launch in 2004. In the decade prior to Mosaic’s formation, he served in various capacities at Cargill, Incorporated.
Medical Action Industries Inc. (NASDAQ: MDCI) appointed Brian Baker to serve as Chief Financial Officer of the Company. Mr. Baker will continue to serve as the Company’s Principal Accounting Officer. Mr. Baker has previously served as the Company’s Vice President of Finance and Principal Accounting Officer from July 2013 until May 2014, as the Company’s Corporate Controller from October 2011 until July 2013, as the Company’s Director of Financial Reporting from May 2005 until October 2011, and in various other accounting roles from January 2003 until May 2005. Mr. Baker previously was a senior accountant at Grant Thornton LLP.
AK Steel (NYSE: AKS) announced the promotion of Roger K. Newport to the role of Senior Vice President, Finance and Chief Financial Officer. Mr. Newport was previously Vice President, Finance and Chief Financial Officer. Mr. Newport started his career with the company in 1985 in the accounting department. He advanced through a number of increasingly responsible finance, sales and marketing positions at the company’s corporate headquarters and Middletown Works. He was named AK Steel’s Controller in 2001, adding responsibilities as Chief Accounting Officer in 2004. He was named Vice President, Business Planning and Development in 2010 and Vice President, Finance and Chief Financial Officer in 2012.
TESARO, Inc. (NASDAQ: TSRO) announced the appointment of Tim Pearson as Chief Financial Officer. Mr. Pearson was most recently Executive Vice President and Chief Financial Officer of Catalyst Health Solutions, Inc. Previously, Mr. Pearson served in a number of financial executive roles at MedImmune, the biologics division of AstraZeneca, including the positions of Executive Vice President and Chief Financial Officer, Vice President of Finance, and Treasurer.
AutoGenomics, Inc. announced that it has named Salvatore V. Alberti as Chief Financial Officer. He has held roles as Chief Financial Officer, Corporate Controller, Senior Director of SEC Reporting, and International Controller and has held senior financial management positions with BeyondTrust Software, Solera Holdings, ActivIdentity and Linear Technology Corporation.
Cellectar Biosciences, Inc. (OTC: CLRB) announced the appointment of Chad J. Kolean as chief financial officer. Mr. Kolean replaces Joanne M. Protano as chief financial officer. Mr. Kolean most recently served as CFO for Pioneer Surgical Technology, Inc. From 2010 until its merger in 2011 with Accuray, Inc., Mr. Kolean served as corporate controller for Tomotherapy, Inc. From 2001 through 2008, Mr. Kolean held multiple leadership positions of increasing responsibility at Metavante Corporation. He brings additional financial and operational leadership experience from companies including Snap-On Inc., Herman Miller and Kaydon Corporation. Mr. Kolean began his career at Arthur Andersen LLP.
Promise Healthcare announced the appointment of James Hopwood as Chief Financial Officer.
99 Cents Only Stores LLC announced that Christopher A. Laurence has been appointed as Interim Chief Financial Officer, Treasurer and Secretary. Mr. Laurence replaces Frank Schools, who has resigned to pursue other opportunities. Mr. Laurence joins 99¢ Only Stores from ThreeSixty Group Ltd. In his 12-year tenure with ThreeSixty Group, Mr. Laurence held a variety of key positions including President and Chief Operating Officer, Executive Vice President, Operations and Finance, and Chief Financial Officer. Prior to ThreeSixty Group, Mr. Laurence spent 10 years at Brentwood Associates, where he was a General Partner. Mr. Laurence began his career in Morgan Stanley’s investment banking group.
Ignyta, Inc. (NASDAQ: RXDX) announced today that Jacob Chacko has been appointed as Chief Financial Officer, assuming responsibility for the role from Zachary Hornby, who has been appointed to the newly-created role of Chief Operating Officer. Dr. Chacko joins Ignyta from TPG Capital, where he served as a Vice President focused primarily on healthcare and digital media since August 2008. He served on the boards of directors of RentPath and EnvisionRx, was an advisor to the Audit Committee of Par Pharmaceutical, and was a board observer to IMS Health and Quintiles Transnational. Prior to this, Dr. Chacko was an Associate serving healthcare clients at the management consulting firm McKinsey & Company.
iEntertainment Network Inc.(OTC: IENT) announced that David Terry has joined as Chief Financial Officer (CFO). Mr. Terry is currently the Managing Principle of Gorham Associates of Pawley’s Island, SC. Gorham Associates is business strategy consulting company providing interim CEO, CFO, COO, and business development services.