CFO Moves this week include:
|Genpact Limited||RTI International Metals, Inc.||Groupon, Inc.|
|Hillenbrand, Inc.||Kolltan Pharmaceuticals||Ruby Tuesday, Inc.|
|Greenbelt Resources Corporation||Health Care REIT, Inc.||PIXIA Corp.|
|API Technologies Corp.||Cinemark Holdings, Inc.||Pernix Therapeutics Holdings, Inc.|
|Great Lakes Dredge & Dock Corporation||Cordoba Corporation||Cirque Energy, Inc.|
|MFC Industrial Ltd.||MTS Systems Corporation||Virobay, Inc.|
|Pilot Chemical Company||Innovari||Data Intensity|
|Eisai Inc.||Landauer, Inc.||CRAiLAR Technologies Inc.|
|SAVO Group||Spotlight Innovation, Inc.||Sibling Group Holdings, Inc.|
|Nutroganics, Inc.||Novatel Wireless, Inc.||Bank First|
|Epic Health Services, Inc.||Chico’s FAS, Inc.||Energy Recovery Inc.|
|Bob Evans Farms, Inc.||Cytec Industries Inc.|
Would you like to receive our weekly CFO Moves directly in your email? Click the SIGN ME UP! button on the right of the blog page.
Should you have any CFO Moves to report, please email us.
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.
+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +
Genpact Limited (NYSE: G) announced that Edward J. Fitzpatrick has been appointed chief financial officer effective July 15, 2014. Fitzpatrick most recently served as the CFO of Motorola Solutions Inc. He succeeds Mohit Bhatia, who has served as Genpact CFO since 2010. Bhatia will remain with the company in the position of SVP, Internal Transformation reporting to the CEO and will assist Fitzpatrick in the transition. Fitzpatrick joined Motorola in 2000 and served as chief financial officer from February 2009 to August 2013. Prior to Motorola’s acquisition of General Instrument Corporation, Fitzpatrick was part of the finance team at General Instrument. He began his career at Price Waterhouse.
RTI International Metals, Inc. (NYSE: RTI) announced that effective July 1, 2014, Michael G. McAuley joins RTI as Senior Vice President and Chief Financial Officer. Current Senior Vice President Bill Hull becomes RTI’s first Chief Risk Officer after seven years as the company’s CFO. From 2004 to 2012 McAuley held positions including Vice President and Treasurer, and Vice President and Segment Controller at Goodrich Corporation, acquired by United Technologies Corporation in July 2012. Prior to joining Goodrich, McAuley spent more than 16 years at Air Products and Chemicals, Inc., in corporate and divisional financial management positions that included investor relations, controller, financial analyst and auditor.
Groupon, Inc. (NASDAQ: GRPN) announced the appointment of Ann Ziegler as an independent director. Ms. Ziegler will be a member of the firm’s Compensation and Nominating and Corporate Governance Committees. Ms. Ziegler is Senior Vice President and Chief Financial Officer of CDW, Inc. She joined CDW in 2008. Prior to joining CDW, Ms. Ziegler held a number of executive positions with Sara Lee, including finance, strategy and general management roles in both United States and international businesses. She also serves on the board of directors of Hanesbrands, Inc.
Hillenbrand, Inc. (NYSE: HI) announced that Kristina A. Cerniglia will be joining the company as its Senior Vice President and Chief Financial Officer (CFO). Cerniglia will start with the Company in early August. Cerniglia most recently served as Vice President, Corporate Controller at Stanley Black & Decker. Prior to Stanley Black & Decker, Cerniglia spent nine years at United Technologies Corporation in various financial roles of increasing responsibility.
Kolltan Pharmaceuticals appointed Jane Henderson to the newly established position of Senior Vice President, Chief Financial and Business Officer. In addition to her role at Kolltan, Ms. Henderson currently serves on the Board of Directors of Eleven Biotherapeutics. Prior to joining Kolltan, she served as Vice President, Business Development at ISTA Pharmaceuticals, Inc. Previously, Ms. Henderson was Executive Vice President, Chief Financial Officer and Chief Business Officer of Panacos Pharmaceuticals and served in similar roles at Axerion Therapeutics. Prior to these corporate positions, she held senior investment banking positions for close to two decades in the health care groups of HSBC Securities, CIBC World Markets, Lehman Brothers and Salomon Brothers.
Ruby Tuesday, Inc. (NYSE: RT) announced that Jill Golder has been promoted to Executive Vice President and Chief Financial Officer, succeeding Michael Moore who announced his retirement. Ms. Golder joined Ruby Tuesday on April 15, 2013 as Senior Vice President, Finance, initially leading Financial Planning and Analysis, and Marketing Analytics, and assumed leadership of Information Technology and Investor Relations during the last year. Prior to joining Ruby Tuesday, she was the Chief Financial Officer for Cooper’s Hawk Winery & Restaurants. Ms. Golder spent 23 years at Darden Restaurants holding progressively responsible positions in finance. During her last 10 years with Darden, Ms. Golder held the position of Senior Vice President, Finance, leading finance for brands including Olive Garden, Red Lobster, and the Specialty Restaurant Group.
Health Care REIT, Inc. (NYSE: HCN) announced that Geoffrey G. Meyers has been appointed to its Board of Directors and will serve on the Compensation, Investment and Planning Committees. Mr. Meyers has more than 30 years of health care industry experience, having most recently served as Chief Financial Officer, Executive Vice President and Treasurer of HCR Manor Care, Inc. From 1998 until his retirement in 2006, Mr. Meyers served as Chief Financial Officer for HCR Manor Care, Inc. Prior to his work at HCR Manor Care, Mr. Meyers served as CFO of the Health Care Division of Owens-Illinois, Inc. Mr. Meyers is currently a member of the Board of Directors of HCA. He is also Chairman of the Board of Directors of PharMerica.
PIXIA Corp. announced Bill Santo as their new Chief Financial Officer. Bill served as CEO of Firepond. He also served as Founder and CEO of InfoCellular. Prior to joining PIXIA Corp., Bill served as Managing Director at Sanders Morris Harris Group, CIO of Madison Williams and Company (an SMHG investment) and Managing Director at IFG Capital Management.
API Technologies Corp. (NASDAQ: ATNY) announced that Claudio Mannarino, Senior Vice President, has been promoted to Senior Vice President and Chief Financial Officer, replacing Phil Rehkemper who resigned his position as CFO to accept another position. Mr. Rehkemper has served as CFO since April 2012. Mr. Rehkemper has agreed to remain with the Company until July 3, 2014 to assist in the CFO transition. Mr. Mannarino has been with API since 2000 and has over 20 years of finance and professional accounting experience. Prior to his current role as Senior Vice President, Mr. Mannarino served various senior-level management roles throughout the Company’s finance organization. Before joining API Technologies, Mr. Mannarino served as Controller for two divisions of Transcontinental, Inc.
Cinemark Holdings, Inc. (NYSE: CNK) announced Sean Gamble has been appointed as the company’s Executive Vice President and Chief Financial Officer and will join the team effective August 25th. Mr. Gamble will succeed Robert Copple, who was promoted to President and Chief Operating Officer in January. Mr. Gamble joins Cinemark after five years at NBCUniversal where he served as Executive Vice President and Chief Financial Officer and was responsible for Universal Picture’s global financial operations. Prior to joining NBCUniversal, Mr. Gamble held several senior level positions with the General Electric Company.
Pernix Therapeutics Holdings, Inc. (NASDAQ: PTX) announced the appointment of Sanjay Patel as Chief Financial Officer. Mr. Patel brings to Pernix over 15 years of investment banking, institutional investment and public policy experience. Mr. Patel has assisted specialty pharmaceutical and healthcare companies raise more than $7 billion in initial public offerings, follow-on offerings, debt offerings and private placements. He has served as a financial advisor on a variety of mergers, acquisitions and strategic alliances. While on the buyside at a $5bn fund, Mr. Patel was responsible for a global portfolio of generic and specialty pharmaceutical holdings. He also worked with the William J. Clinton Foundation and the Global Fund to negotiate and implement long-term supply agreements for HIV and malaria drugs throughout the developing world.
Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) announced that Mark Marinko has been appointed Senior Vice President and Chief Financial Officer. Mr. Marinko joins the Company to fill the role vacated in April 2014 and held in interim by the Vice President and Controller, Katherine Hayes. Mr. Marinko starts at Great Lakes with a strong background in operations and finance working for TransUnion, LLC through August 2013. Mr. Marinko was most recently President of the Consumer Services division at TransUnion. Prior to his position as president, Mr. Marinko has been in increasing accounting and financial roles as Controller and Vice President of Finance at TransUnion since 1996. Prior to TransUnion, Mr. Marinko served as controller of Official Airline Guides.
Cordoba Corporation announced the appointment of its Managing Partner and Chief Financial Officer, Maria Mehranian, to the Dean’s Leadership Board of the College of Engineering at California Polytechnic State University, Pomona. Ms. Mehranian will draw on her expertise in water engineering, planning, and policy that she has gained over 27 years at Cordoba Corp. and at the Los Angeles Regional Water Quality Control Board, where she has served since 2008. She served as the chair of the Board from February 2012 to February 2014.
Cirque Energy, Inc. (OTC: EWRL) announced the appointment of David W. Morgan as Chief Financial Officer. Mr. Morgan is a veteran of the technology industry with extensive experience as a CFO. Roger Silverthorn, the Company’s current CFO, is assuming the newly-created position of Vice President of Business Development. Mr. Morgan has over 30 years of management experience with several technology companies, including 15 years’ experience as a CFO.
MFC Industrial Ltd. (NYSE: MIL) announced that Samuel Morrow has been appointed Chief Financial Officer of the Company. Mr. Morrow replaces James Carter, who will continue with the Company as Vice President, Finance. Mr. Morrow is the Deputy Chief Executive Officer of the Company.
MTS Systems Corporation (NASDAQ: MTSC) announced the planned retirement of Sue Knight, Senior Vice President and Chief Financial Officer, and the appointment of Jeff Oldenkamp, currently the Vice President of Finance for the MTS Test business, as her successor. Sue will retire at the end of calendar year 2014, at which time Jeff will assume the CFO role. Prior to joining MTS in January of 2014, Mr. Oldenkamp was the Americas Operations Chief Financial Officer and Vice President of Finance for Nilfisk-Advance, Inc. He also has held various financial leadership positions at Emerson Electric, Inc., including Chief Financial Officer and Vice President of Finance for Rosemount Flow Division.
Virobay, Inc. announced the appointment of James Welch as Chief Financial Officer. Prior to joining Virobay, Mr. Welch was Chief Financial Officer at AcelRx Pharmaceuticals. Previously, Mr. Welch was Chief Financial Officer at Cerimon Pharmaceuticals. Before Cerimon, Mr. Welch was Chief Financial Officer at Rigel Pharmaceuticals. Earlier in his career, Mr. Welch was Chief Financial Officer of Biocircuits Corporation, and held various financial and operational management positions at technology firms in Silicon Valley, including NeXT Computer and Avantek.
Pilot Chemical Company announced that David Waizmann has been promoted to Chief Financial Officer, a new position within the company. Waizmann was previously Director of Finance and Accounting. Waizmann joined Pilot in December 2005 as Controller. Prior to joining Pilot, he worked for Reynolds & Reynolds/Relizon/Workflow One for over eight years.
Innovari announced its appointment of Judd Rabb as Chief Financial Officer. Most recently, Rabb was CFO and vice president of administration for SolarBridge Technologies, Inc. Rabb also served as the CFO and vice president of finance for Illumitex, Inc., CFO and vice president of finance for ColdWatt, Inc. (acquired by Flextronics), and corporate controller for Green Mountain Energy Company.
Data Intensity announced the addition of Kevin Shone as Chief Financial Officer. He was previously Chief Financial Officer and Treasurer for privately held and publicly traded companies, including NextG Networks and Unica Corporation. He also held various back-office leadership roles at Cognos, Inc., including Vice President of Global Field Finance and Administration.
Eisai Inc., the U.S. pharmaceutical subsidiary of Eisai Co., Ltd., announced the appointment of Barry Lederman to the position of Vice President and Chief Financial Officer (CFO). Prior to joining Eisai, he served as CFO at Wedgewood Pharmacy, Nycomed US Inc., and Qualitrol Company LLC (an independent subsidiary of Danaher Corporation). He also spent 10 years at Hoffmann-La Roche Inc. in positions of increasing responsibility within Finance, culminating in his appointment as Senior Vice President – Head of Business Analysis and Controlling at Roche Centralized Diagnostics, headquartered in Mannheim, Germany.
Landauer, Inc. (NYSE: LDR) announced that Mark Zorko has been named Interim Chief Financial Officer of the company. Mr. Zorko will replace Michael K. Burke, who has left the company to pursue other interests. Mr. Zorko has served as Senior Financial Advisor of the Company since April 2014. Prior to that time, Mr. Zorko served as the Chief Financial Officer of Steel Excel, Inc. (“SXCL”) until May 2013. He also served as the President and Chief Executive Officer of SXCL’s subsidiary Well Services Ltd. (“WSL”) in 2012 and Chief Financial Officer of DGT Holdings Corp. (“DGTC”) from 2006 through 2012. SXCL, WSL and DGTC are all affiliated with Steel Partners Holding, L.P. From 2000 to 2010, Mr. Zorko was a Partner at Tatum, LLC. His prior experience also includes serving as the corporate controller for Zenith Data Systems Corporation and finance manager positions with Honeywell, Inc. Mr. Zorko is on the Board of Directors of MFRI, Inc., where he chairs the Audit Committee and serves on the Compensation and Nominations/Governance Committees. He is also on the Audit Committee for Opportunity Int’l, a microfinance bank, and on the Finance Committee for the Alexian Brothers Health System.
CRAiLAR Technologies Inc. (OTC: CRLRF) announced that Klaus Flock, currently CFO of adidas Group America, has agreed to join the Company’s Board of Directors. Mr. Flock is an 18-year veteran with adidas Group AG, where he has held numerous executive level positions for the company throughout Europe, Asia and North America. Upon returning from Indonesia in 2006, where he was Managing Director of adidasIndonesia, he was appointed CFO of TaylorMade-adidas Golf until late 2011. Since that time, he has held the position of CFO for adidas Group America.
SAVO Group announced that former ExactTarget CFO Steve Collins has joined the company’s board of directors. Steve, will serve on SAVO’s audit committee Steve was also recently appointed to the Board of Ifbyphone. Before ExactTarget, he served as senior vice president and CFO of NAVTEQ Corporation in Chicago. Collins previously held a number of financial leadership positions at The Walt Disney Company and co-founded a technology-focused venture capital firm.
Spotlight Innovation, Inc. (OTC: STLT) announced that Dr. David Hostelley has been named Chief Financial Officer of the Company. Dr. Hostelley has spent twenty years as a consultant in the health field. During his more than twenty years in business he has served as CEO, CFO and board member of several publicly traded companies.
Sibling Group Holdings, Inc. (OTC: SIBE) announced that it has hired Angelle M. Judice as Chief Financial Officer (“CFO”). Ms. Judice was most recently Corporate Controller for Education Management, Inc., at their Blue Cliff College operation in Baton Rouge, Louisiana. Prior to that assignment she was employed by Provost, Salter, Harper & Alford, LLC, a Baton Rouge, Louisiana audit and tax firm, starting in 2011. Prior to working in their tax and audit sections, she held senior accounting and finance positions in the media industry, including two years with the Louisiana Radio network, and ten years with WAFB-TV, a CBS affiliate and part of the RAYCOM Media Network.
Nutroganics, Inc. (PINK: NUTT) announced that Douglas Scott has joined Nutroganics as its CFO. Mr. Scott is a business executive with a 22 year career of financial management and C-level leadership across a range of industries. Mr. Scott’s international experience includes the Middle East, Europe, and Asia, specifically Singapore, where he was CFO of Nortel Networks Asian operations. Most recently, Mr. Scott was the senior financial executive at a Middle East based government services organization with a roll-up strategy led by many former Veridian Systems executives. Doug has also served on the Boards of Wireless operators in Asia as well as not-for-profits and the University of Texas (Dallas Campus) School of Accounting.
Novatel Wireless, Inc. (NASDAQ: NVTL) announced that the Board of Directors has appointed Tom Allen as Interim Chief Financial Officer. Prior to joining the Company, Tom Allen served as Executive Vice President, Chief Operating and Chief Financial Officer for Outdoor Channel Holdings, Inc. In 1997, Mr. Allen co-founded ACME Communications, where he continues to serve on its board of directors and served as its Chief Financial Officer until 2010. Throughout his career, Mr. Allen has held executive positions at major broadcasting and entertainment firms including Chief Operating Officer and Chief Financial Officer for Virgin Interactive Entertainment and Chief Financial Officer of the Fox Broadcasting Company. He has also served as board director for public and private companies.
Bank First (OTC: BFNC) announced the addition of Kevin LeMahieu as Chief Financial Officer to their team. LeMahieu will join the organization in August 2014. Since 2004, he has served as Director and Senior Manager in the Sheboygan office at CliftonLarsonAllen LLP.
Epic Health Services, Inc. announced that David Hagey has joined the company as Chief Financial Officer. Hagey comes to Epic Health Services from IntegraCare, where he was Executive Vice President and Chief Financial Officer from 2008 to 2011 and President in 2011. In the fall of 2012, Kindred Healthcare acquired IntegraCare, and Hagey continued through the acquisition serving as Division Vice President of Kindred at Home (a division of Kindred Healthcare), until joining Epic Health Services. Prior to joining IntegraCare, he served as the Chief Financial Officer of Accuro Healthcare Solutions, and as Vice President and Controller of U.S. Operations for United Surgical Partners.
Chico’s FAS, Inc. (NYSE: CHS) announced that its Board of Directors has appointed Todd E. Vogensen as the Company’s new Senior Vice President, Chief Financial Officer, replacing Pamela Knous, who has left the organization to pursue other interests. Prior to his appointment as CFO, Mr. Vogensen had been the Company’s Senior Vice President, Finance. Mr. Vogensen has served Chico’s FAS, Inc. in numerous roles over the last 5 years, leading to his current position as CFO. Mr. Vogensen joined Chico’s FAS, Inc. in October 2009 as Vice President of Planning and Strategy, followed by the role of Vice President of Investor Relations before his promotion to Senior Vice President, Finance. Previously, Mr. Vogensen held multiple positions of increasing scope and responsibility with Michaels Stores, Inc. from January 2005 to October 2009, including Corporate Controller and Vice President of Merchandising and Marketing Finance. Before joining Michaels, Mr. Vogensen served as Assistant Corporate Controller of Gap, Inc. from 2003 to 2005. Mr. Vogensen has also held multiple Finance management positions at Hewlett Packard Company, and he practiced as an Audit Manager and CPA with PricewaterhouseCoopers LLP.
Energy Recovery Inc. announced that it has promoted Joel Gay to Chief Financial Officer, replacing Alex Buehler, who will be leaving to pursue the next step in his career. Joel joined Energy Recovery in January 2012 and has held several positions at the company, including most recently serving as Vice President of Finance since June 2013. Prior to joining Energy Recovery, Joel was the CFO of the largest division of Aegion Corp.
Bob Evans Farms, Inc. (NASDAQ: BOBE) announced the appointment of Mark Hood as Chief Financial Officer of the Company. Most recently, Mr. Hood served as Senior Vice President and Chief Financial Officer of the Brown Shoe Company (NYSE: BWS), from 2006 to 2012. Previously, he served as Senior Vice President and Chief Financial Officer with Panera Bread Company, from 2003 to 2006, after joining that company in 2002. His prior experience includes two decades of service with May Department Stores Company, Inc., Saks Holdings, Inc., and U.S. Loyalty Corporation, in various financial and administrative senior management roles.
Cytec Industries Inc. (NYSE: CYT) announced that its Board of Directors has elected Daniel G. Darazsdi to the position of Vice President and Chief Financial Officer of the Company effective August 4, 2014. Mr. David Drillock, Cytec’s current VP and CFO, announced in February 2014 his intent to retire by the end of the year. Prior to joining Cytec, he had been Chief Financial Officer from 2007 to 2014 of Pharmaceutical Product Development, LLC. Prior to this position, Mr. Darazsdi worked at Honeywell International for 25 years in numerous senior financial positions including Vice President and Chief Financial Officer of finance transformation and operations, Chief Financial Officer of the company’s global Specialty Materials business, VP of Finance and Information Technology for Asia Pacific and a variety of other leadership roles.