CFO Moves this week include:
|Hyatt Hotels Corporation||Xero Limited||Ubiquiti Networks, Inc.|
|Amobee||Wesco Aircraft Holdings, Inc.||NanoLumens|
|Globus Medical, Inc.||Ligand Pharmaceuticals Incorporated||Energy Recovery Inc.|
|Infinity Property and Casualty Corporation||The Scoular Company||Medidata|
|Tropicana Entertainment Inc.||Perceptron, Inc.||Prestige Brands Holdings, Inc.|
|AVEO Oncology||MobileIron||BBVA Compass|
|Inventergy Global, Inc.||Craft Brew Alliance, Inc.||Greenberg Strategy|
|National Oilwell Varco, Inc.||Flaherty & Crumrine Preferred Income Fund Incorporated||The LGL Group, Inc.|
|Reading International, Inc.||Abila||Presidio Partners|
|Allergen Research Corporation||Nu-Med Plus, Inc.||Tilly’s, Inc.|
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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Stanton Chase). Samuel can be reached by email at firstname.lastname@example.org or by phone at +1 (415) 738-2070.
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Hyatt Hotels Corporation (NYSE: H) announced the selection of Atish Shah as Senior Vice President, Interim Chief Financial Officer, pending the company’s selection of a permanent Chief Financial Officer. Mr. Shah currently serves as Senior Vice President – Strategy, Financial Planning & Analysis and Investor Relations. Prior to joining Hyatt in 2009, Mr. Shah served as a portfolio manager of a hospitality real estate private equity fund at Lowe Enterprises. Prior to that, he worked for Hilton Hotels Corporation in a variety of finance roles, including feasibility, planning, investment analysis, and investor relations. Prior to Hilton, Mr. Shah was an associate in the hospitality consulting practice of Coopers & Lybrand, LLP.
Xero Limited (NZX/ASX: XRO) announced that Douglas Jeffries, who recently joined Xero’s global leadership team as Chief Financial Officer, will step down to pursue opportunities headquartered in the San Francisco Bay area. Ross Jenkins will reassume the role of CFO.
Ubiquiti Networks, Inc. (NASDAQ: UBNT) announced that Craig L. Foster, the Company’s Chief Financial Officer and member of the Company’s Board of Directors, has resigned to accept a position with another company. Hartley Nisenbaum, Executive Vice President of Operations and Legal Affairs, has been appointed as the Company’s interim Chief Financial Officer. Mr. Foster’s duties as principal financial officer and principal accounting officer will be performed on an interim basis by Rohit Chakravarthy, Vice President of Finance and Corporate Controller, who has also been appointed as the Company’s Chief Accounting Officer.
Wesco Aircraft Holdings, Inc. (NYSE: WAIR) announced that it has appointed Richard J. Weller as executive vice president and chief financial officer, effective May 4, 2015. Mr. Weller succeeds Gregory A. Hann, who retired on March 31, 2015. K. Lynn Mackison, who is serving as acting chief financial officer in the interim period, will continue as vice president and global controller, a position she has held with the company since January 2015. Mr. Weller was previously vice president and global controller for Ingersoll-Rand plc. Mr. Weller also served as vice president of finance and chief financial officer of the Securities Technologies sector (now Allegion plc) at Ingersoll-Rand. Prior to this, Mr. Weller held senior-level financial and general management positions at Textron Inc.
NanoLumens announced the appointment of Cathy Steiner to the position of Chief Financial Officer. Before joining NanoLumens, Steiner served as Chief Financial Officer for AcuityAds. Before that she was Managing Director for Nucleus GC. Prior leadership positions include heading up Healthcare Investment Banking for CIBC World Markets and Yorkton Securities.
Globus Medical, Inc. (NYSE: GMED) appointed Daniel T. Scavilla as its Senior Vice President and Chief Financial Officer effective May 4, 2015. Mr. Scavilla joins Globus after a 28-year career with Johnson & Johnson (JNJ). For the last three years he was CFO, Global Vice President Finance & Business Operations at JNJ’s Vision Care Division. Prior to that Dan spent 5 years as CFO and Worldwide Vice President Finance of the Advanced Sterilization Products branch of JNJ. Dan held positions of increasing responsibility in finance at several JNJ divisions including McNeil Consumer Healthcare and Centocor Biologics.
Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) announced the appointment of Melanie J. Herman as interim Chief Financial Officer, effective May 21st. Ms. Herman currently serves as Ligand’s Director of Accounting and Chief Accounting Officer. She succeeds Nishan de Silva, who has accepted the position of President and Chief Operating Officer at a privately held therapeutics-focused gene editing company and who has notified Ligand of his resignation, to be effective next month. Ms. Herman joined Ligand in January 2011 as the Company’s Controller, and was named Director of Accounting in March 2014 and Chief Accounting Officer in April 2014. Previously she was Controller at CyDex Pharmaceuticals, Inc. from 2009 to 2011, Assistant Controller and Accounting Manager at Entertainment Properties Trust from 2004 to 2009 and Senior Accountant at KPMG, LLP from 2001 to 2004.
Energy Recovery Inc. (NASDAQ: ERII) announced that it has appointed Joel Gay as Chief Executive Officer and as a member of its Board of Directors. Mr. Gay has served as Energy Recovery’s Chief Financial Officer since June 2014. He joined Energy Recovery in January 2012 and has held several positions at the Company. Prior to this, Mr. Gay held various roles at the Aegion Corporation (NASDAQ:AEGN), most notably as the CFO of its largest division (North America). Mr. Gay has also held several positions within the Service Master Corporation and began his career in entrepreneurial finance. Mr. Gay also serves on the board of GDG Constructors as an Executive Director and Chair of the Audit Committee.
Infinity Property and Casualty Corporation (NASDAQ: IPCC) announced that Roger Smith, the company’s Executive Vice President and Chief Financial Officer, plans to retire at the end of August of this year. Mr. Smith has served as Infinity’s Chief Financial Officer since the company went public in 2003.
The Scoular Company announced that Richard A. (“Rick”) Cogdill has been appointed its Chief Financial Officer. Prior to joining Scoular, Cogdill had an extensive career in finance and agribusiness that included 18 years with poultry producer Pilgrim’s Pride. At Pilgrim’s, Cogdill served in a number of senior leadership positions, including Executive Vice President, Chief Financial Officer, Secretary, and Treasurer. Cogdill began his career as a CPA with Ernst & Young, LLC in Dallas.
Medidata (NASDAQ: MDSO) announced that Rouven Bergmann is joining the company as Chief Financial Officer effective Monday, May 18, 2015. Bergmann was previously Chief Financial Officer of SAP North America. Since joining SAP in 2005, Bergmann has served as chief operating officer for SAP’s global R&D organization, as well as in key leadership roles in Waldorf, Germany; Bangalore, India; and Palo Alto. Cory Douglas, Medidata’s current Chief Financial Officer, will pursue opportunities outside of Medidata by mutual agreement upon Bergmann’s start.
Tropicana Entertainment Inc. announced it has hired Theresa (Terry) Glebocki as the Company’s new Chief Financial Officer. Prior to joining Tropicana Entertainment Inc., Ms. Glebocki worked for Revel Entertainment Group, LLC since 2007 overseeing both the development and financial operations and since 2013 serving as Revel’s Senior Vice President, Chief Financial Officer and Treasurer. Prior to joining Revel, Ms. Glebocki served in various senior financial management positions for the Trump Atlantic City casino properties between 1991 and 2007, and as an auditor and assistant controller for Bally’s Grand between 1987 and 1991. Prior to joining the gaming industry, Ms. Glebocki was a senior auditor for Deloitte & Touche.
Prestige Brands Holdings, Inc. (NYSE: PBH) announced that Ron Lombardi, Chief Financial Officer, has been appointed to become President and Chief Executive Officer upon retirement of the current CEO on June 1, 2015. Mr. Lombardi joined Prestige in December 2010. His experience includes five years as CFO and Chief Operating Officer for Cannondale Sports Group/Dorel Recreation and Leisure. He has also held leadership positions in finance at Gerber Scientific and at Emerson Electric.
AVEO Oncology (NASDAQ: AVEO) announced the appointment of Keith S. Ehrlich to the position of chief financial officer. Mr. Ehrlich most recently served as Chief Financial Officer of Synta Pharmaceuticals. Prior to Synta, Mr. Ehrlich served in various senior finance and audit roles, including Chief Financial Officer of Argentys, Dyax and OraVax, Director of Finance of Vertex Pharmaceuticals and senior audit manager with PricewaterhouseCoopers, LLP.
BBVA Compass announced that Kirk Pressley will become its new chief financial officer after Angel Reglero leaves the post to help lead a newly created Spain unit of parent company BBVA. Pressley currently serves as corporate controller for BBVA Compass, a role he’s held since 2003.
Craft Brew Alliance, Inc. (“CBA”) (NASDAQ: BREW) announced the appointment of Joe Vanderstelt as Chief Financial Officer. Vanderstelt served as Senior Director, Finance & Planning for MillerCoors. From 2008 to 2010, Vanderstelt served as Senior Director, Marketing Finance, supporting all U.S. business units during the inception of MillerCoors. Prior to that, he was Director, Marketing Finance of Miller Brewing Company from 2006 to 2008. From 2001 to 2006, he served in several management roles for Miller Brewing Company, including General Manager of two business units in California and Nevada from 2004 to 2006. Previously, he was General Manager at Vanderplow Distributing Company.
Greenberg Strategy announced that Sebastian Desio, a former SVP at Ogilvy PR, has joined Greenberg as Chief Financial Officer. Desio moves to Greenberg from his own financial consultancy, and from running Ogilvy PR’s Western Region finance team for 8 years. Prior to Ogilvy PR, Desio held finance roles at Porter Novelli and Ketchum.
National Oilwell Varco, Inc. (NYSE: NOV) announced that Jeremy D. Thigpen has informed the Company of his resignation as Senior Vice President and Chief Financial Officer, in order to become Chief Executive Officer of Transocean. Scott K. Duff, NOV’s Vice President and Chief Accounting Officer has been named as Interim Chief Financial Officer. Mr. Duff held accounting positions at KPMG, Ernst & Young, and SBC before joining National-Oilwell in 2004. Mr. Duff has served as National Oilwell Varco’s Vice President and Chief Accounting Officer since 2014 and had previously served as the Company’s Vice President of Internal Audit since 2005.
Flaherty & Crumrine Preferred Income Fund Incorporated (NYSE: PFD) and Flaherty & Crumrine Preferred Income Opportunity Fund Incorporated (NYSE: PFO) appointed R. Eric Chadwick as Chief Executive Officer and President and Bradford S. Stone as Chief Financial Officer and Vice President. Mr. Chadwick had previously served as Chief Financial Officer and Vice President of PFD and PFO since 2004. Mr. Stone replaces Mr. Chadwick as the principal financial officer of each fund. Mr. Stone had previously served as a Vice President and Assistant Treasurer of PFD and PFO since 2003.
The LGL Group, Inc. (NYSE MKT: LGL) announced that Patti A. Smith has been promoted to Chief Financial Officer. Ms. Smith previously served as the Company’s Director of Financial Reporting and Human Resources. Prior to joining the Company, she held positions of increasing responsibility with CNL Financial Group, Inc., CNL Hotels and Resorts, Inc. and Harris Interactive Inc.
Reading International, Inc. (NASDAQ: RDI) announced the appointment of Devasis (“Dev”) Ghose as its Chief Financial Officer and Treasurer, effective May 11, 2015. Mr. Ghose served as Executive Vice President & Chief Financial Officer and in a number of senior finance roles for 25 years with three NYSE-listed companies: Shurgard Storage Centers, Inc., Skilled Healthcare Group and HCP, Inc., and as Managing Director-International for Green Street Advisors. Earlier, Mr. Ghose worked for 10 years for PricewaterhouseCoopers in the US & KPMG in the UK. Mr. Ghose will be assuming the role previously held by Andrzej Matyczynski, who will be continuing as a corporate advisor and then retiring in April 2016.
Abila announced Jeff Cross has been named chief financial officer. Prior to joining Abila, Cross served in a successful consulting role with DigitalGlobe. Cross also served as senior vice president for the Americas Operations at TravelClick. Before TravelClick, Cross was at Hoover’s, where he started as Controller and worked his way through the ranks to include serving as chief financial officer of D&B’s Small Business Group, as well as chief operating officer of Hoover’s.
Presidio Partners, formerly CMEA Capital, announced the appointment of Lee Pantuso as Chief Financial Officer. Pantuso began her career in public accounting with Arthur Andersen and has held a number of positions, including CFO of NeoCarta Ventures, CFO of Big Data analysis start-up Cataphora, and CFO of online sports pick platform company PicksPal.
Allergen Research Corporation (ARC) announced that Warren DeSouza has joined ARC as Chief Financial Officer, and Kathryn “Kate” Falberg has joined the ARC Board of Directors as Chair of the Audit Committee. Mr. DeSouza most recently served as Vice President, Finance, at Onyx Pharmaceuticals. Prior to Onyx, Mr. DeSouza held a senior role in assurance at Deloitte & Touche LLP, and he began his career with more than a decade in assurance at Arthur Andersen LLP. Ms. Falberg currently serves as a Director and Chair of the Audit committee for publicly traded biotechnology companies Medivation, Inc., and Halozyme Therapeutics, where she is also Chairman of the Board, and privately held aTyr Pharma. She previously served on the boards of Ariosa Diagnostics, QLT, VISX, Fresh Del Monte and Human Genome Sciences. She was also previously Chief Financial Officer of Jazz Pharmaceuticals. Earlier in her career she held several senior financial roles at Amgen, including SVP, Strategy, and CFO.
Nu-Med Plus, Inc. (OTC: NUMD) announced the selection of Mark Christensen as their Chief financial Officer. Mr. Christensen has several years of experience with the international accounting firm KPMG Peat Marwick and as a partner in Bushman, Miyasaki & Associates and Stewart & Christensen, LLC.
Tilly’s, Inc. (NYSE: TLYS) announced that Chief Financial Officer Jennifer Ehrhardt intends to resign from Tilly’s to relocate closer to her family and pursue other professional interests. Ms. Ehrhardt will continue to serve as Tilly’s Chief Financial Officer for an interim period expected to end in June 2015, and will help with the transition process.
DigitalOcean announced it has hired Brian Cohen as the company’s first chief financial officer. Bringing more than 25 years of experience as CFO, Cohen has a proven history of scaling various high-growth technology companies.
OpGen, Inc. announced the appointment of Timothy C. Dec as interim chief financial officer. Prior to joining OpGen, Mr. Dec served as Senior Vice President and Chief Financial Officer for Clubwidesports, LLC, from January 2014 to April 2015. From August 2007 to December 2012, Mr. Dec was Senior Vice President and Chief Financial Officer of Fortress International Group, Inc.