CFO Moves this week include:
|BG Staffing, Inc||Dexter + Chaney||Quaker Chemical Corporation|
|Control4 Corporation||AgroFresh Solutions, Inc.||Adare Pharmaceuticals, Inc.|
|ServRx, Inc.||ATL Technology||MSA Safety Incorporated|
|Drew Industries Incorporated||sPower||VerTech Solutions Group|
|Sedgwick Claims Management Services, Inc.||Monogram Residential Trust, Inc.||Eyelation|
|Intrepid Aviation||Coalfire||Cobalt International Energy, Inc.|
|Health Catalyst||Kennametal Inc.||Appcelerator|
|Synergy Resources Corporation||Lydall, Inc.||Envysion|
|Namely||First Banks, 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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BG Staffing, Inc. (NYSE MKT: BGSF) [Plano, TX] announced the appointment of Dan Hollenbach as its Chief Financial Officer. Hollenbach has experience both as Chief Financial Officer and as Operating Division Director. Previous company experience includes four years with Robert Half Management Resources and six years of financial leadership with Global Employment Solutions.
Dexter + Chaney [Seattle, WA] announced the appointment of Brian Rice as the company’s new Chief Financial Officer. Rice replaces retiring CFO John Ulacia, who is retiring after 20 years. Rice was previously the CFO/COO at LexBlog. Prior to LexBlog, he served as the Chief Financial Officer at NetMotion Wireless. Rice began his career in public accounting with Ernst & Young.
Quaker Chemical Corporation (NYSE: KWR) [Conshohocken, PA] announced that Margaret M. Loebl has resigned from her position as Vice President, Chief Financial Officer and Treasurer of Quaker effective September 18, 2015. Ms. Loebl has accepted the position of Executive Vice President and Chief Financial Officer at AgroFresh Solutions (NASDAQ: AGFS), a specialty solutions company based in Philadelphia.
Control4 Corporation (NASDAQ: CTRL) [Salt Lake City, UT] announced the appointment of Mark Novakovich as its new Chief Financial Officer. Mr. Novakovich has been with Control4 since 2004. Dan Strong, who had served as the company’s CFO since January 2008, will be pursuing an opportunity with a privately held company in the healthcare industry and will transition to a part-time advisory role on September 30th. For the last several years Mark has been responsible for all of Control4’s finance and accounting operations, as well as its tax, treasury, order management, and internal control activities. Prior to Control4, Mr. Novakovich held several senior finance positions including Chief Financial Officer at Lineo; and Corporate Controller at I-Link. Mark began his career in public accounting at Coopers & Lybrand (now PricewaterhouseCoopers).
AgroFresh Solutions, Inc. (NASDAQ: AGFS, AGFSW) [Philadelphia, PA] announced that it has appointed Margaret M. (Margo) Loebl to serve as Executive Vice President and Chief Financial Officer, effective September 21, 2015. Stuart Gleichenhaus, who serves as interim CFO, will stay on as an advisor to Ms. Loebl to ensure a smooth transition. Ms. Loebl most recently served as Vice President, Chief Financial Officer & Treasurer of Quaker Chemical Company. Prior to this, Ms. Loebl worked as a consultant for Constellium. Before Constellium, her professional experience included: Corporate VP, CFO and Treasurer for TechTeam Global; Group Vice President of Finance for Archer Daniels Midland Company; VP, Corporate Finance for Nike, Inc.; and various progressive financial positions for over 13 years at General Motors.
Adare Pharmaceuticals, Inc. [Princeton, NJ], formerly Aptalis Pharmaceutical Technologies, announced that Joseph (Joe) Del Buono has joined as Vice President, Finance and Chief Financial Officer has join in the company. Del Buono joins from Adare Aphena Pharma Solutions, where he served as Corporate Vice President, Chief Financial Officer since 2011. Previously, he worked in a number of upscale financial positions at Alpharma / King Pharmaceuticals, Sun Chemical and Schering-Plough.
ServRx, Inc. [Scottsdale, AZ] announced the appointment of Mark L. Smith to the position of Chief Financial Officer (“CFO”). Mr. Smith joins ServRx from his former position as the CFO of iTech Broker, Inc. Previously, Mr. Smith was CFO for Village Estates Corporation. He spent nearly 10 years as CFO at Avesis Incorporated.
ATL Technology [Springville, UT] has named David Gens CFO of the company. Prior to joining ATL Technology, he served as senior financial officer in three of Seattle’s fastest growing companies, including RPI, Zango (now Blinkx), and Global Seafoods.
MSA Safety Incorporated (NYSE: MSA) [Pittsburgh, PA] announced that its Chief Financial Officer, Stacy McMahan, has resigned effective September 25, 2015, to accept the position of CFO at a public medical device and life sciences company. MSA Senior Vice President Kerry Bove has been appointed interim CFO. Ms. McMahan joined MSA in 2012 as Senior Vice President of Finance, and in 2013 she was elected Chief Financial Officer and Treasurer.
Drew Industries Incorporated (NYSE: DW) [Elkhart, IN] announced that David M. Smith will be joining the Company as Chief Financial Officer, succeeding Joseph S. Giordano III, who served in that role since 2008. Smith has served for the past ten years as Senior Vice President and Chief Financial Officer of Key Safety Systems, Inc. (KSS).
sPower [Salt Lake City, UT] announced the appointment of David Shipley as its Chief Financial Officer effective August 24th, 2015. Shipley takes over as CFO after spending the last several months as sPower’s Senior Vice President of Structured Finance. Bob Wowk, sPower’s interim CFO, will be moving on to other ventures but will continue to assist with the transition. Shipley joined sPower in February 2015 from Jones Lang LaSalle (NYSE: JLL) where he was a Managing Director in the Capital Markets division. Prior to JLL, Shipley was a founding member of Enfinity America Corporation and spent five years as its CFO and Executive Vice President.
Sedgwick Claims Management Services, Inc. [Memphis, TN] announced that veteran finance executive Henry Lyons has been named the company’s chief financial officer. Most recently Lyons was CFO of APMEX, Inc. He has also served in financial leadership roles at corporations including Gain Capital, ACI Worldwide, GE Healthcare, W.R. Grace & Co. and Ernst & Young.
Monogram Residential Trust, Inc. [Plano, TX] (NYSE: MORE) announced the appointment of Dan Swanstrom as Executive Vice President and Chief Financial Officer-Elect, effective on October 26, 2015. Swanstrom will succeed Howard Garfield, who will remain with the Company as Senior Vice President – Planning, Treasurer, Chief Accounting Officer, and Assistant Secretary. Mr. Swanstrom joins Monogram following a successful nine-year career at Morgan Stanley, most recently serving as Executive Director in the Real Estate Investment Banking Group.
Eyelation [Tinley Park, IL] announced that Brian Rady has joined Eyelation as Chief Financial Officer. Brian Rady was a co-founder of Redbox and served as the financial leader for the business for the first six years.
Intrepid Aviation [Stamford, CT] is pleased to announce that Olaf Sachau, the company’s Chief Financial Officer, has been appointed Chief Executive Officer. Prior to joining Intrepid, Mr. Sachau had previously been in senior management roles with Amentum Capital and HSH Nordbank. At the same time, Intrepid also announced the promotion of Mike Lungariello to Chief Financial Officer, effective immediately. Mr. Lungariello joined Intrepid in 2012 and serves as the company’s Senior Vice President and Global Controller.
Coalfire [Louisville, CO] announced Steve Deitsch has joined the company’s executive leadership team as chief financial officer. Prior to joining Coalfire, Deitsch was CFO of Lanx Inc., which was acquired by Biomet, Inc. late in 2013. Deitsch then became CFO of Biomet’s Spine, Bone Healing and Microfixation businesses. Before Lanx and Biomet, he held various executive finance roles at Zimmer Holdings, Inc., leading all finance and accounting functions for Zimmer’s European business. At
Cobalt International Energy, Inc. (NYSE: CIE) [Houston, TX] announced that Shannon (Shane) E. Young, III will join Cobalt as Chief Financial Officer and Executive Vice President. Mr. Young is currently Senior Vice President & Chief Financial Officer for Talos Energy LLC. He replaces John P. Wilkirson, who has indicated his desire to pursue other interests. These changes are effective September 1, 2015. In addition to his current role, Mr. Young has over 20 years’ experience as an Investment Banker at Goldman Sachs, Morgan Stanley, and Salomon Brothers.
Health Catalyst [Salt Lake City, UT] announced the upcoming appointment of Dan Strong as Chief Financial Officer effective October 1, 2015. Strong has served for over seven years as Chief Financial Officer (CFO) of Control4. Current Health Catalyst CFO Jeff Selander will become the company’s Chief People Officer. Prior to joining Control4, Strong spent five years as the CFO at iBAHN. Before iBAHN, he worked for 14 years at Iomega Corporation as vice president of financial planning and analysis, vice president and corporate controller, and interim CFO. Strong has also held executive-level corporate finance positions at Campus Pipeline, Inc., and Pro Image Corp.
Kennametal Inc. (NYSE: KMT) [Latrobe, PA] announced that it has appointed Jan Kees van Gaalen to the position of vice president and chief financial officer effective September 1, 2015. Jan Kees van Gaalen replaces Martha Fusco who has served as interim chief financial officer since February 2015. Ms. Fusco will continue in her role as vice president and corporate controller. Prior to joining Kennametal, he was executive vice president and chief financial officer at Dresser-Rand Group Inc. Previously, he held several financial leadership positions including vice president and treasurer for Baker Hughes, Inc. and vice president finance and chief financial officer for PT Vale Inco TBK (formerly PT Inco TBK), in Jakarta, Indonesia.
Appcelerator [Mountain View, CA] announced it has appointed Spencer Punter as chief financial officer and chief operating officer. Punter most recently served as CFO of SnapLogic, a cloud app and data integration company. Prior to SnapLogic, he was a Managing Director at Capital Dynamics. He began his career in technology investment banking at Morgan Stanley, and has served as a venture capitalist for Integral Capital Partners and as a General Partner for Bowman Capital. In addition to SnapLogic, he served as an executive for two other venture-backed companies, Aztek Networks and ApexMD.
Synergy Resources Corporation (NYSE MKT: SYRG) [Platteville, CO] announced it has hired James P. Henderson as Executive Vice President Finance and Chief Financial Officer. Mr. Henderson is the former CFO of Kodiak Oil and Gas Corp. Prior to Mr. Henderson’s time at Kodiak, he spent 17 years at Western Gas Resources and its successor, Anadarko Petroleum Corp.
Lydall, Inc. (NYSE: LDL) [Manchester, CT] announced that Scott M. Deakin has been appointed Executive Vice President and Chief Financial Officer of Lydall, Inc., effective September 8, 2015. Mr. Deakin will be joining Lydall from his position as the Executive Vice President and Chief Financial Officer of Ensign-Bickford Industries, Inc.. Prior to Ensign-Bickford, Mr. Deakin served as a strategy and operations consultant, and held financial leadership and general manager roles with leading diversified companies, including Eaton Corporation and Barnes Group Inc.
Envysion [Superior, CO] announced it has hired Calvin K. Quan as its CFO. Most recently Quan was CFO at Providence Corporate Development Company in Littleton, Colorado and President and CFO at Miller Heiman, Inc. Before that, he held senior financial and operations roles at a number of technology and Internet companies, including Verio and Nortel Networks. He is currently a board member at RO Innovation. Quan replaces Michelle Shewchuk, who helped recruit him to the company upon her retirement.
First Banks, Inc. (NYSE: FBSPrA) [St. Louis, MO], parent company of First Bank, announced that Lisa K. Vansickle, formerly the Company’s Executive Vice President and Chief Financial Officer, has been promoted to the position of Executive Vice President, Chief Administrative Officer and Chief Risk Officer. Ms. Vansickle initially joined the Company in 1997 and has served in roles of increasing responsibility including Director of Internal Audit and Controller prior to her election as Chief Financial Officer in 2007. The company also announced that Michael J. Normile, previously the Company’s Senior Vice President and Controller, will succeed Ms. Vansickle as Executive Vice President and Chief Financial Officer. Mr. Normile joined the Company in 2007 and, as a key member of the finance team, was promoted to Controller in 2008. Immediately prior to joining the Company, Mr. Normile was a Director at McGladrey & Pullen LLP (now known as McGladrey LLP) after beginning his career with KPMG LLP in St. Louis, Missouri where he last served as a Senior Manager.