CFO Moves this week include:
|McDonald’s Corporation||Altria Group, Inc.||Walgreens Boots Alliance, Inc.|
|CDI Corp.||Avon Products, Inc.||Northrop Grumman Corporation|
|Kroll Inc.||Chiquita Brands International, Inc.||The Krystal Company|
|Autotask Corporation||AmeraMex International, Inc.||Oncology Services International|
|Aptaris||American Energy Partners, LP||The Advertising Research Foundation|
|Leidos Holdings, Inc.||Convergys Corporation||Deluxe Entertainment Services Group Inc.|
|Cullen/Frost Bankers, Inc.||Cooper-Standard Holdings Inc.||NV5 Holdings, Inc.|
|Medovex Corp.||CenterPoint Energy, Inc.||Sysorex|
|ARC Document Solutions, Inc.||WeGoLook, LLC||Convergence|
|Western Refining Logistics, LP||Northern Tier Energy LP||Ferrellgas Partners, L.P.|
|Art’s Way Manufacturing Co., Inc.||SI Financial Group, 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.
NOTE: CFO Search Report available monthly to CFOs only. Read more here.
CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at firstname.lastname@example.org or by phone at +1 (415) 738-2070.
+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +
McDonald’s Corporation (NYSE: MCD) announced that Pete Bensen, Senior Executive Vice President and Chief Financial Officer, has been promoted to the newly-created role of Chief Administrative Officer. Kevin Ozan, who currently serves as Senior Vice President and Corporate Controller, will succeed Bensen and is promoted to Executive Vice President and Chief Financial Officer.
Altria Group, Inc. (NYSE: MO) announced that Howard A. Willard will become Chief Operating Officer. Mr. Willard currently serves as Chief Financial Officer. Since joining the Altria companies in 1992, he has held leadership positions in numerous business functions of the Altria companies, including Finance, Strategy & Business Development, Sales, Information Services and Corporate Responsibility. William F. (Billy) Gifford, Jr. has been appointed Altria’s Chief Financial Officer, effective March 1, 2015. Mr. Gifford previously served as President and CEO of Philip Morris USA Inc. (PM USA) and currently is Altria’s Senior Vice President, Strategy & Business Development. Since joining the Altria companies in 1994, he has held numerous leadership roles in the Finance and Market Information and Consumer Research business functions.
Walgreens Boots Alliance, Inc. (NASDAQ: WBA) announced the appointment of George Fairweather, formerly group finance director of Alliance Boots, as executive vice president and global chief financial officer, effective 20 February 2015. Fairweather will succeed Timothy McLevish, who served as Walgreens chief financial officer since August 2014 and served as the initial global chief financial officer of the combined companies. McLevish will continue his service to Walgreens Boots Alliance as senior advisor to the chief executive officer for finance, integration and business development. Fairweather was group finance director of Alliance Boots since its formation in July 2006. He joined Alliance UniChem in the same position in 2002 and later led the financial integration during the merger with Boots Group. Previously Fairweather was group finance director of Elementis (joining when it was Harrisons and Crosfield) and before that, group finance director of Dawson International. Earlier in his career, Fairweather worked for Dixons Group in the UK and U.S., Procter & Gamble and KPMG Thomson McLintock.
CDI Corp. (NYSE: CDI) announced that Michael S. Castleman will assume the role of Chief Financial Officer following the filing of the Company’s SEC Form 10-K for 2014 in early March 2015. Robert M. Larney, Chief Financial Officer, will be leaving CDI to pursue other opportunities following the filing of the Company’s SEC Form 10-K for 2014. Castleman is currently EVP, Corporate Development and Operations and will continue to lead corporate development and operational analytics at CDI. Prior to joining CDI, Castleman served as president of Kenmore Craftsman and Diehard brands at Sears Holdings Corporation. He initially joined Kenmore Craftsman and Diehard as chief financial officer. Previously, Castleman founded or co-founded several investment firms, including Lehman Brothers Venture Partners, where he served as managing director and co-head. He has served as a director or board advisor to multiple companies.
Avon Products, Inc. (NYSE: AVP) announced the appointment of James S. Scully as Executive Vice President and Chief Financial Officer. He will begin his role no later than April 1, 2015. Mr. Scully joins Avon after nine years with J. Crew. During his tenure, Mr. Scully served as J. Crew’s Executive Vice President and Chief Financial Officer, Chief Administrative Officer and most recently as Chief Operating Officer. Prior to J. Crew, he served in treasury and strategic and financial planning roles at luxury retailer Saks Incorporated, and in corporate finance and banking roles at Bank of America.
Northrop Grumman Corporation (NYSE: NOC) has appointed Heather M. Crofford vice president and chief financial officer (CFO) for its Enterprise Shared Services (ESS) organization, effective March 9. She replaces Donald E. McHugh, Jr. who has been appointed vice president, business operations director and controller of National Security Technologies LLC, a joint venture in which Northrop Grumman is a partner. Crofford most recently served as the director of business management for the Cyber division within Northrop Grumman’s Information Systems sector. Prior to that, she worked for more than 12 years for the Boeing Company in a number of increasingly responsible financial management positions, most recently as the CFO of the Electronic and Information Solutions division.
Kroll Inc. announced the appointment of Ken Roche as Chief Financial Officer. Most recently, Roche was a principal with Accordion Partners. Prior to Accordion, he was CFO and Lead Financial Consultant for CT Financial Solutions. In addition, Roche has held roles as CFO for Traxis Financial Group, CEO for Orbian Corporation, and Vice President and CFO for General Electric Trade Payable Services. Roche began his career with American Express.
Chiquita Brands International, Inc. announced the appointment of Darcilo Santos, as Chief Financial Officer. Since 2013, Mr. Santos worked at Safra Bank in São Paulo, Brazil, where he held several positions including Risk and Finance Executive, Managing Director and Chief Data Officer. Prior to his work at Safra Bank, Mr. Santos worked for 13 years at Banco Itaú BBA, where he held senior positions in the areas of Risk Management, MIS and Planning and Credit Portfolio Management.
The Krystal Company® announced the appointment of Carl Jakaitis as Chief Financial Officer (CFO) for the Company. Jakaitis most recently served as CFO of McAlister’s Deli. Prior to McAlister’s®, Jakaitis was CFO with Petrus Brands. Before joining Petrus, he ran his own consulting business specializing in part-time CFO assignments. From 1994 to 2004, Jakaitis served as CFO for Church’s Chicken®. His restaurant experience also includes finance roles at Pizza Hut® and Boston Market®.
Autotask Corporation appointed Elmer Lai as Chief Financial Officer. He succeeds Vince Zumbo, who served as Autotask’s CFO for the past four years. Elmer comes to Autotask from HubSpot, where he was Vice President, Chief Accounting Officer. Elmer has also held senior financial management positions at Sonus Networks, Airvana and Razorfish/i-Cube.
AmeraMex International, Inc. (OTC: AMMX) named Tracie Hannick as its chief financial officer replacing Kevin Atkin whose contract was not renewed. Ms. Hannick has been working with AmeraMex International as a tax and financial consultant since 2010. Before joining AmeraMex Tracie was President of Bean Counting Firm for 11 years. Prior to this, Hannick worked in the non-profit sector for seven years.
Aptaris™ appointed William Gilmour as CFO. Most recently, Gilmour was executive vice president and CFO at Saxotech. Prior to Saxotech, Gilmour was CFO then elected as a member of the Board of Directors for Alogent Corporation.
American Energy Partners, LP (AELP) announced that it has hired Jennifer M. Grigsby as the Chief Financial Officer of its affiliates American Energy – Woodford, LLC (AEW) and American Energy – Minerals Holdings, LLC (AEMN). Grigsby previously worked for Chesapeake Energy Corporation for 19 years in increasing roles of importance, including serving as Vice President, Assistant Treasurer and Corporate Secretary from 2006 to 2007; Senior Vice President, Treasurer and Corporate Secretary from 2007 to 2013; and Senior Vice President, Corporate and Strategic Planning from 2013 to 2014. Prior to Chesapeake, Grigsby worked for Commander Aircraft Company and Deloitte & Touche, LLP.
The Advertising Research Foundation (ARF) is pleased to announce that Thomas Higgins has joined as the COO/CFO (Chief Operating and Financial Officer). Prior to joining the ARF Chris Bacon led the global Consumer Insights team at the Gallo Winery. Chris began his career at General Mills, taking on leadership roles of increasing responsibility across advertiser verticals at Pillsbury, Citibank, Pepsi, and Colgate-Palmolive. Prior to joining Gallo, Chris was Global Director of Consumer Insights for the Personal Care Division of Colgate-Palmolive.
Leidos Holdings, Inc. (NYSE: LDOS) announced that Chief Financial Officer Mark Sopp intends to retire from his position later this year, once an orderly transition has occurred, to pursue more time with family and other personal goals. Sopp came to Leidos (formerly SAIC) in 2005 and led the company’s initial public offering in 2006. He also led the finance efforts of the company’s separation into two publicly traded companies in 2013. Sopp joined Leidos after more than 18 years of financial industry leadership.
Convergys Corporation (NYSE: CVG) announced the appointment of Cheryl K. Beebe to its board of directors. Ms. Beebe will serve on the board’s Audit Committee. Ms. Beebe retired in 2014 as Executive Vice President and Chief Financial Officer of Ingredion Incorporated. She served in this role from 2010 to 2014. She previously served as Chief Financial Officer for Ingredion from 2004 to 2014. She also served in several leadership roles at CPC International (now Unilever Bestfoods). Ms. Beebe currently serves on the board of directors of Packaging Corporation of America.
Deluxe Entertainment Services Group Inc. announced the appointment of Neil Davidson as chief financial officer. Davidson joins Deluxe from Bally Technologies, where he served for nearly a decade, most recently as CFO. Before joining Bally Technologies in 2006 as vice president of corporate accounting, he served as vice president of finance for Multimedia Games.
Cullen/Frost Bankers, Inc. announced that Phil Green, who has served as chief financial officer since 1995, will become president of the holding company. Green joined the company in 1980 and held a number of managerial positions in the financial division before serving as chief financial officer from 1995 to 2015. Green is currently on the board of Frost Insurance and also served on the Frost Securities board. Jerry Salinas, who has been treasurer for 18 years, will become chief financial officer. Since joining Frost in 1986, Salinas has held various financial positions within Frost and Cullen/Frost. He was named bank and corporate controller in 1989 and treasurer in 1997.
Cooper-Standard Holdings Inc. (NYSE: CPS), the parent company of Cooper-Standard Automotive Inc., announced the appointments of Allen J. Campbell as executive vice president and chief infrastructure officer with concentration in the Asia-Pacific region, and Matthew W. Hardt as executive vice president and chief financial officer (CFO). Hardt will join Cooper Standard as executive vice president on February 2 and become CFO on March 2 when Campbell transitions to the chief infrastructure officer position stationed in the Asia-Pacific region. Campbell has been with Cooper Standard since 1998, serving in a series of financial and corporate leadership roles of increasing responsibility, including vice president of Asian operations. Prior to joining Cooper Standard, Campbell held various non-automotive, financial and business positions for The Dow Chemical Company for 18 years. Hardt most recently served as senior vice president, finance for the industrial solutions, and before that, the consumer and industrial solutions divisions at TE Connectivity Ltd. (previously Tyco Electronics). He also served as vice president of finance for Tyco’s specialty products group. He previously served in multiple roles of increasing responsibility at General Electric Co., including CFO for a number of the company’s global divisions.
NV5 Holdings, Inc. (NASDAQ: NVEE) announced the appointment of François Tardan to its Board of Directors. From 1998 to 2011, François Tardan served as Executive Vice President and Chief Financial Officer of Bureau Veritas (BV). Before 1998 Mr. Tardan was President and CEO of Fondasol.
Medovex Corp. (NASDAQ: MDVXU) announced that the Board of Directors approved the appointment of Jeffery Wright as the Company’s Chief Financial Officer. Wright replaces Charles Farrahar, who will remain with the Company on a part-time basis as its Secretary. Prior to joining Medovex, Mr. Wright was an audit senior at Ernst & Young within the Assurance Services division. Prior to his career in public accounting, Mr. Wright worked as a trading analyst in the retirement trust services department at Reliance Trust Company.
CenterPoint Energy, Inc. (NYSE: CNP) announced the appointment of William (Bill) D. Rogers as executive vice president of finance and accounting, effective Feb. 9. He will succeed Gary L. Whitlock as executive vice president and chief financial officer, effective March 3. He will also remain on the board of Enable Midstream Partners. Rogers was most recently vice president and treasurer at American Water Works Company, Inc. Previously, he served as chief financial officer for NV Energy, Inc. He had previously served as vice president of finance, risk and tax, as well as corporate treasurer. Before joining NV Energy in June 2005, Rogers was a managing director in capital markets for Merrill Lynch and prior served in a similar role at JPMorgan Chase in New York.
Sysorex (NASDAQ: SYRX) has appointed Wendy Loundermon as its interim Chief Financial Officer. Ms. Loundermon replaces Will Frederick, who has resigned to pursue other interests. Ms. Loundermon joined the Company in 2002 and had been the CFO until October 2014. Prior to her re-appointment as Chief Financial Officer, Ms. Loundermon was serving as the Company’s Vice President of Finance and Secretary and continues to serve as President, Chief Financial Officer and Secretary of its Sysorex Government Services subsidiary.
ARC Document Solutions, Inc. (NYSE: ARC) announced the appointment of Jorge Avalos to succeed John Toth in the role of Chief Financial Officer of ARC at the end of January. Mr. Toth, the company’s current CFO, is leaving the company to pursue other business interests. Jorge Avalos has been ARC’s Chief Accounting Officer and Vice President of Finance since April 2011, having joined the company in June 2006 as the Company’s Director of Finance. He became the Company’s Corporate Controller in December 2006, and Vice President, Corporate Controller in December 2010. Prior to joining the company Mr. Avalos was the controller of Vendare Media Group.
WeGoLook, LLC has been named Kenneth Knoll as Chief Financial Officer. Prior to joining WeGoLook, he was a business consultant and recently guided WeGoLook through an investment round. Knoll served as the Director of Advisory Services at i2E, INC. Knoll has previously worked for ConocoPhillips leading audit teams in domestic and international business unit engagement. Additionally, he founded a service company and operated it for more than a decade before successfully exiting.
Convergence announced that Joseph (Joe) Dello Russo, former Chief Financial Officer and Chief Administrative officer of MFS Investment Management has joined the Firm as a Senior Managing Director. During his professional career, Joe was Chief Financial Officer and Chief Administrative Officer of MFS Investment Management. Prior to MFS, Joe was a senior finance and operations executive (including Director of Mutual Fund Operations and SVP and Controller) at The Boston Company (now owned by Bank of New York/Mellon), and an Audit Manager at Arthur Andersen & Co.
Western Refining Logistics, LP (NYSE: WNRL) announced that Karen B. Davis has resigned as Chief Financial Officer, to join Northern Tier Energy GP LLC, the general partner of Northern Tier Energy LP, and Northern Tier Energy LLC, as Executive Vice President and Chief Financial Officer in March 2015. Gary R. Dalke, Executive Vice President of Western Refining Logistics GP, LLC, the general partner of WNRL, has been named Interim Chief Financial Officer, in addition to his current role as Executive Vice President, until a replacement has been identified. Mr. Dalke previously served as Chief Financial Officer of WNRL since its inception in July 2013.
Northern Tier Energy LP (NYSE: NTI) announced Karen B. Davis will serve as Executive Vice President of Northern Tier Energy LLC and Northern Tier Energy GP LLC, the general partner of Northern Tier Energy LP. The Partnership also announced that Dave Bonczek, Chief Financial Officer of Northern Tier Energy LLC and Northern Tier Energy GP LLC, has elected to step down as Chief Financial Officer effective March 16, 2015. Ms. Davis will assume the additional role of Chief Financial Officer for these entities, effective March 16, 2015. Ms. Davis joins the Company from Western Refining Logistics, LP, where she served as Chief Financial Officer. Previously, Ms. Davis served as Chief Accounting Officer of PBF Energy and PBF Logistics and as Global Controller of Petroplus Holdings.
Ferrellgas Partners, L.P. (NYSE: FGP) announced that Ryan VanWinkle has resigned as Executive Vice President and Chief Financial Officer to pursue other opportunities. Senior Vice President of Finance and Investor Relations Alan Heitmann, a 20-year veteran of the company, has agreed to serve as its Chief Financial Officer.
Art’s Way Manufacturing Co., Inc. (NASDAQ: ARTW) announced that Amber Murra has been promoted to Chief Financial Officer. Prior to this position, Ms. Murra served as the Director of Finance for Art’s Way Manufacturing. Ms. Murra began her career in public accounting at KDV, and has also worked at J.L. Swanson, Chtd and Winnebago Industries.
SI Financial Group, Inc. (NASDAQ: SIFI), the holding company for Savings Institute Bank and Trust Company, announced that Brian J. Hull, Chief Operating Officer and Chief Financial Officer, has announced his retirement effective April 10, 2015. Mr. Hull will be succeeded by Lauren Murphy, who is currently the Senior Vice President and Principal Accounting Officer. Ms. Murphy joined the Bank in 2004 and was named Senior Vice President and Principal Accounting Officer in 2013.