CFO Moves this week include:
|New York Life||McKesson Corporation||Symantec Corp.|
|Ally Financial Inc.||Freddie Mac||The St. Joe Company|
|DJO Global, Inc.||Nystrom Inc.||Demandbase, Inc.|
|Contango ORE, Inc.||Intcomex, Inc.||Loton, Corp.|
|Riskonnect||Walter Investment Management Corp.||SWS Group, Inc.|
|Lucas Energy, Inc.||Commercial Vehicle Group, Inc.||Capstone Financial Group, Inc.|
|Doral Financial Corporation||Altair Nanotechnologies, Inc.||ePrize|
|Micrel, Inc.||Ooyala||AXT, Inc.|
|Heartland Payment Systems, Inc.||Applied Micro Circuits Corporation||Intermolecular, Inc.|
|Smithfield Foods, Inc.||Aldersgate United Methodist Retirement Community||GlyEco, Inc.|
|Meeting Professionals International||Adept Technology, Inc.||TransCard LLC|
|VGTel, Inc.||SpectraScience, 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 firstname.lastname@example.org or by phone at +1 (415) 738-2070.
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New York Life’s Investments Group announced the appointment of David G. Bedard as senior managing director and chief financial officer. Mr. Bedard worked for New York Life from 2007-2010, first as CFO for New York Life Investments and subsequently for the U.S. Life Insurance and Agency Division. He joins the company most recently from ING U.S., where he was president of the Annuities Business. Mr. Bedard’s previous experience includes heading The Hartford’s Global Annuities Runoff Organization and serving as CFO for its largest division, the U.S. Wealth Management Group. He has also held senior roles for Massachusetts Mutual Life Insurance Company and Coopers & Lybrand LLP, where he became a partner.
McKesson Corporation (NYSE: MCK) announced that James A. Beer will join the company as executive vice president and chief financial officer on October 9, 2013. Beer replaces Jeff C. Campbell, who left the company in June 2013 to become chief financial officer of American Express Company. Beer will also join McKesson’s executive committee. Beer comes to McKesson from Symantec Corporation where he served as executive vice president and chief financial officer. Prior to Symantec, Beer was chief financial officer of AMR Corporation and American Airlines, AMR’s principal subsidiary. In his 15 years at American Airlines, Beer held a variety of management positions in finance and operations, including leading the airline’s European and Asia Pacific businesses.
Symantec Corp. (NASDAQ: SYMC) today announced that James Beer, the company’s executive vice president and chief financial officer, will leave the company to become the chief financial officer of McKesson Corporation. Beer has served Symantec as CFO since 2006. Andrew “Drew” Del Matto, Symantec’s senior vice president and chief accounting officer, will serve as the company’s acting chief financial officer, while the company considers both internal and external candidates for the CFO role. During his eight years at the company, Del Matto has served as the company’s corporate treasurer and vice president of finance business operations leading corporate financial planning and analysis and revenue operations. He previously held senior finance leadership roles with Inktomi Corporation and SGI Corporation. Del Matto began his career as a CPA in public accounting with KPMG LLP.
Ally Financial Inc. announced that Christopher Halmy, currently corporate treasurer, has been named chief financial officer, effective Nov. 8, 2013. He succeeds James Mackey, CFO, who will depart Ally for another career opportunity on Nov. 8, 2013. Halmy joined Ally in 2009 as the structured funding executive and was named corporate treasurer in 2011. Prior to joining Ally, Halmy served in a number of treasury positions at Bank of America, and prior to that, he held treasury, finance and accounting positions at MBNA America, N.A., Merrill Lynch & Co., JP Morgan & Co. and Deloitte & Touche.
Freddie Mac (OTC: FMCC) announced that James G. Mackey is joining the company as Executive Vice President and Chief Financial Officer. Mackey will be joining Freddie Mac the week of November 11 from his most recent leadership position as Executive Vice President and Chief Financial Officer of Ally Financial. Upon Mackey’s arrival, current Freddie Mac Executive Vice President and CFO Ross J. Kari will proceed with his previously announced plans to retire from the company. Prior to joining Ally in 2009, Mackey served as CFO for the Corporate Investments, Corporate Treasury and Private Equity divisions at Bank of America. Earlier in his tenure at Bank of America, he held a variety of roles within the company, including serving as managing director within the Global Structured Products Group. Mackey began his career in 1992 at PricewaterhouseCoopers LLP.
The St. Joe Company (NYSE: JOE) announced that Marek Bakun is joining the Company as Chief Financial Officer (CFO) effective October 7. Mr. Bakun is replacing Tom Hoyer who has held the position since March 2012. Mr. Bakun comes to St. Joe from Orleans Homebuilders, Inc., in Bensalem, Penn., where he served as Chief Financial Officer and Treasurer since February 2011. Prior to that, he served as CFO and Treasurer for Mattamy Homes Corporation with responsibility for financial controls in its five U.S. markets. He began his career as an auditor and joined Morrison Homes in 1999, holding numerous positions. In August 2006 he was promoted to Vice President and Chief Financial Officer. When Morrison Homes merged with Taylor Woodrow in 2007, Mr. Bakun continued as CFO for the U.S. and Canadian operations until 2008 when he joined Mattamy Homes Corporation.
DJO Global, Inc. announced that Vickie Capps, executive vice president and chief financial officer, will be leaving the company at the end of the year to pursue other business opportunities. Ms. Capps will remain active as the chief financial officer of the Company until December 31, 2013.
Nystrom Inc. announced that Gretchen Kelly was named chief financial officer. In addition to her role at Nystrom, Kelly serves on the Construction Financial Management Association (CFMA) Executive Committee, chairs the ICCIFP Test Administration Committee and is treasurer of the Twin Cities Chapter of CFMA. Prior to joining Nystrom, Gretchen was a partner and client service manager for HLB Tautges Redpath, a firm specializing in tax and accounting for the construction and real estate industries.
Demandbase, Inc. announced that Brian Barnum has joined its executive team as Chief Financial Officer. Prior to joining Demandbase, Barnum served as the CFO and COO at the Rubicon Project, and prior to that had been the COO and CFO of Business.com, where he oversaw the acquisition of the company by RH Donnelley (now Dex One Corp). After the merger, Barnum was named President of RH Donnelley Interactive. Barnum was previously CFO of Rent.com. Before Rent.com, Barnum had been the CFO of Transaction Network Services.
Contango ORE, Inc. (PINK: CTGO) announced that they named Leah Gaines as Vice President, Chief Financial Officer, Chief Accounting Officer, Treasurer and Secretary. The appointment of Ms. Gaines follows the resignation of Sergio Castro and Yaroslava Makalskaya as a result of the merger between Contango Oil and Gas Company and Crimson Exploration Inc. Mr. Sergio Castro and Ms. Yaroslava Makalskaya are also officers of Contango Oil and Gas Company where they will have increased responsibilities after the merger. Ms. Gaines also serves as Vice President and Chief Financial Officer of Juneau Exploration, LP, since October 2010. Prior to joining Juneau Exploration, she served as the Controller for Beryl Oil and Gas, LP and Beryl Resources LP from July 2007 to December 2009. From April 2006 to July 2007, Ms. Gaines held the position of Financial Reporting Manager at SPN Resources, a division of Superior Energy Services, Inc. From 2003 to 2006, Ms. Gaines worked as a Senior Financial Reporting Accountant at Hilcorp Energy Company. Ms. Gaines was as a Principal Accountant at El Paso Corporation from 2001 to 2003. Prior to that Ms. Gaines worked at Deloitte and Touche, LLP for three years where she was a Senior Auditor.
Intcomex, Inc. announced the appointment of Humberto Lopez as the Company’s Chief Financial Officer, effective immediately following the filing of the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2013. Mr. Lopez most recently served as Chief Operating Officer and Chief Financial Officer of Trade Street Residential, Inc., and Chief Operating, Financial and Compliance Officer of Trade Street Capital, LLC, from 2011. Mr. Lopez was Senior Executive Vice President of BankUnited from 2009 to 2010 and Chief Financial Officer of BankUnited Financial Corporation for over 10 years, from 1999 to 2009. Mr. Lopez also served at Barnett Banks, Inc., from 1986 until its acquisition by Bank of America in 1998, as its Chief Financial Officer, Regional Financial Manager, Regional Controller and Audit Manager. Mr. Lopez worked as an accountant with KPMG, LLP and Ernst & Young, LLP.
Loton, Corp. announced that Barry Regenstein has been appointed Interim Chief Financial Officer. Mr. Regenstein most recently served as President and Chief Financial Officer of Command Security Corporation. Previously, he was Senior Vice President and Chief Financial Officer for GlobeGround North America.
Riskonnect announced the appointment of Patrick (Pat) M. Henn as Chief Financial Officer. Henn served as Chief Financial Officer for Starcite, Inc. Prior to Starcite, Henn was Chief Financial Officer of Astadia. Previous to that, Henn held senior finance roles at both publicly and privately held organizations.
SWS Group, Inc. (NYSE: SWS) announced that Senior Vice President of Finance and Investor Relations, J. Michael Edge, has been appointed as the Company’s interim Chief Financial Officer and Treasurer. Mr. Edge joined SWS Group in 2000 and brings substantial finance and accounting experience to his new role. He succeeds Stacy M. Hodges, whose previously announced resignation became effective on September 30, 2013. SWS Group has initiated a search process to fill the Chief Financial Officer position on a permanent basis. During his 13 years with SWS Group, Mr. Edge held the positions of internal auditor and financial analyst before being named Director of Finance and Investor Relations in 2009 and Senior Vice President of Finance and Investor Relations in 2011. He began his career in the financial industry with Bank One as an Assistant Vice President, Senior Risk Analyst.
Lucas Energy, Inc. (NYSE: LEI) announced that William J. Dale, Chief Financial Officer, is leaving the Company to pursue other interests. Mr. Dale resigned as Chief Financial Officer, Treasurer and Secretary of the Company effective immediately. Anthony C. Schnur, Lucas’s Chief Executive Officer and former Chief Financial Officer, will immediately assume Mr. Dale’s duties.
Commercial Vehicle Group, Inc. (NASDAQ: CVGI) announced that that C. Timothy Trenary has been appointed Executive Vice President and Chief Financial Officer. Most recently, Tim was the Executive Vice President and Chief Financial Officer of ProBuild Holdings LLC. Prior to that he was the Senior Vice President & Chief Financial Officer of EMCON Technologies Holdings Limited, and prior to that the Vice President & Chief Financial Officer of DURA Automotive Systems, Inc.
Doral Financial Corporation (NYSE: DRL) announced the appointment of David Hooston, a highly experienced financial services professional, as Chief Financial Officer and Executive Vice President. Prior to joining Doral, Mr. Hooston was Managing Partner of Granite Bay Partners, LLC during 2013 and from 2007 to 2009. From 2009 to 2012, Mr. Hooston was Chief Financial Officer of HomeStreet, Inc. (NASDAQ: HMST). From 1995 to 2007, he held several senior management responsibilities at Placer Sierra Bancshares (a California-based bank holding company), including President and Chief Operating Officer and Chief Financial Officer.
Altair Nanotechnologies, Inc. (NASDAQ: ALTI) announced the appointment of Paula Conroy as the company’s Chief Financial Officer. Ms. Conroy joins Altairnano from Blue Bar Consulting, LLC. Prior to her tenure at Blue Bar Consulting, Ms. Conroy held several CFO positions spanning both public and private entities.
ePrize announced that Chris Locke has joined the company as Chief Financial Officer. Locke most recently served as CFO at SingleHop. Prior to SingleHop, he was the CFO of Rewards Network for more than seven years. Locke has held CFO, COO, CIO and strategic planning positions at several other startups and privately held corporations.
Micrel, Inc. (NASDAQ: MCRL) announced that it has named Robert DeBarr as the Company’s new Chief Financial Officer and Vice President of Finance & Human Resources. Mr. DeBarr replaces Ray Wallin who announced his intent to leave Micrel in August 2013. Prior to joining Micrel, Mr. DeBarr was with Texas Instruments Incorporated as a financial executive with responsibility for integrating the acquisition of National Semiconductor Corporation which became effective in September 2011. He served as the Treasurer of National Semiconductor for more than six years prior to his position at Texas Instruments. Before this, he served in a variety of positions for more than twenty years at National Semiconductor including Corporate Controller and Chief Accounting Officer. Mr. DeBarr has also served as Chairman of the Board of PremierOne Credit Union since January 2013 and previously served as the Chairman of the Board for National1st Credit Union, 1997 to 2012.
Ooyala announced that David Wilson has been appointed chief financial officer. Wilson brings more than 12 years of CFO experience, including chief financial officer positions at DirecTV Broadband Inc. and Triumph Communications, a subsidiary of DirecTV. In addition, Wilson spent seven years as executive vice president and chief financial officer at wireless and wireline data networks leader Alaska Communications Systems.
AXT, Inc. (NASDAQ: AXTI) announced that Raymond A. Low, vice president and chief financial officer, will be resigning his position with AXT to pursue another executive opportunity, effective Oct. 14, 2013.
Heartland Payment Systems, Inc. announced that Maria Rueda resigned as Chief Financial Officer.
Applied Micro Circuits Corporation (NASDAQ: AMCC) announced it has appointed Douglas T. Ahrens to serve as Vice President and Chief Financial Officer. Mr. Ahrens’ employment with AppliedMicro is scheduled to commence October 17, 2013. Mr. Ahrens most recently served as the Vice President of Finance at Maxim Integrated in San Jose, California. Mr. Ahrens joined Maxim Integrated in 2001 as Director, Business Unit Finance. He was promoted multiple times during his tenure at Maxim before assuming his role as the Vice President of Finance. Before Maxim, Mr. Ahrens spent six years with Intel Corporation in a number of financial roles, ultimately serving as Worldwide Revenue Finance Manager in the Sales & Marketing Group.
Intermolecular, Inc. (NASDAQ: IMI) announced that it has named C. Richard (Rick) Neely, Jr. as the company’s chief financial officer (CFO) and senior vice president. He replaces Reed Birnbaum, Intermolecular’s vice president of finance and corporate controller, and acting principal financial and accounting officer. Mr. Neely was previously the CFO of Tessera Technologies. Before that, he was CFO and vice president of supply chain at Livescribe. Mr. Neely also served as CFO at Monolithic Power Systems, and CFO at NuCORE Technology. Earlier in his career, he held a variety of senior financial management positions at Synopsys and Advanced Micro Devices. He served on the board of Aviza Technology, a semiconductor equipment supplier, for several years as chairman of the Audit Committee.
Smithfield Foods, Inc. announced the promotion of Kenneth M. Sullivan to chief financial officer. Mr. Sullivan served as senior vice president of finance and chief accounting officer. He joined Smithfield in 2003 as vice president of internal audit, became chief accounting officer in 2007, and in 2010 became vice president of finance and chief accounting officer. Prior to joining Smithfield, Mr. Sullivan spent twelve years at large public accounting and consulting firms, serving a variety of clients in the manufacturing, technology and government contracting sectors.
Aldersgate United Methodist Retirement Community welcomes Luther (Luke) Short as Chief Financial Officer. Prior to joining Aldersgate, Short served as Chief Financial Officer for Epworth Villa, a retirement community located in Oklahoma City, Okla. He has also served as Controller for Medford Leas, a retirement community in Medford, N.J. and as Vice President of Finance at Peninsula United Methodist Homes, a multi-site continuing care retirement community in Hockessin, Del.
GlyEco, Inc. (OTC: GLYE) appointed Alicia Williams Young as chief financial officer. Ms. Williams has served as the Company’s interim principal financial officer since January. As Secretary, Controller and VP of Internal Operations, she has managed the Company’s financial and accounting processes since 2008. Previously, Ms. Williams served as the Director of Internal Operations of Global Recycling Technologies until the completion of its merger with GlyEco. She previously worked as a Senior Systems Analyst/Data Lead at Intel Corporation.
Meeting Professionals International (MPI) announced the selection of Daniel Gilmartin as its new chief financial officer. Gilmartin began his financial career with Price Waterhouse, where he spent eight years in the New York office and worked as a senior audit manager. For the past few decades, he has held senior leadership positions with publicly traded and privately owned companies, including General Host Corporation where he served as president and COO of Franks Nursery – which grew from 50 to 270 stores during his 15 year tenure; Color Tile Inc., and American Blind and Wallpaper Factory, Inc. Gilmartin also served on the board of directors for both Color Tile and American Blind and Wallpaper Factory. Most recently, he held the positions of COO and CFO for Doors In Motion, LLC.
Adept Technology, Inc. (NASDAQ: ADEP) announced that Seth Halio has been named as Chief Financial Officer. Prior to joining Adept, Seth held senior level finance positions including CFO at LED Engin, Inc., Novariant, Inc., Diamond Foods, Inc., and Spectra-Physics, Inc.
TransCard LLC announced the addition of Mark Patterson as Chief Financial and Operating Officer. Most recently, Patterson served as the Executive Vice President and Chief Financial Officer for a large group of insurance companies operating within the retail, wholesale, admitted carrier, brokerage and off-shore reinsurance space.
VGTel, Inc. (OTC: VGTL) announced that Neil Fogel has been appointed to the Company’s position of Chief Financial Officer. Mr. Fogel currently serves as principal of Neil Fogel, CPA. Previously, he served as Controller for Databit, Inc. He also served as Director of Finance for Data Systems & Software, Inc., and Controller for Ecomat, Inc.
SpectraScience, Inc. (OTC: SCIE) announced that its has appointed Lowell Giffhorn as the Company’s new Chief Financial Officer. Mr. Giffhorn has more than 30 years of experience with public companies, including serving as CFO for Sym-Tek Systems, Inc., Patriot Scientific Inc., Imagenetix, Inc., and Brendan Technologies, Inc.