CFO Moves this week include:
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letgo [NEW YORK] announced that it has hired Rahim Lakhani as its first Chief Financial Officer (CFO). Lakhani was most recently Chief Operating Officer and CFO at OfferPad. Prior to that he was CFO, India/Southeast Asia at Anheuser-Busch InBev, and a Vice President at Deutsche Bank.
Oyster Point Pharma, Inc. [PRINCETON, NJ] announced the appointment of Dan Lochner as its Chief Financial Officer. Lochner joins Oyster Point Pharma after spending nearly 15 years, most recently as a Managing Director, at Goldman Sachs asset management focused on healthcare equity investing and fund management.
Northern Trust Corporation [CHICAGO] (NASDAQ: NTRS) announced that Chief Financial Officer S. Biff Bowman will step down from his role as CFO effective January 1, 2020, and retire from Northern Trust on February 28, 2020. Jason Tyler, currently Chief Financial Officer of Northern Trust’s Wealth Management business, will succeed Bowman as Chief Financial Officer for the Corporation and serve as a member of the Management Group, effective January 1, 2020. Tyler, who joined Northern Trust in 2011, has served in prior roles including Global Head of the Institutional Group at Northern Trust Asset Management, and Global Head of Corporate Strategy. Tyler joined Northern Trust from Ariel Investments, where he served as Senior Vice President and Director of Research Operations. Previously, he worked as First Vice President and Manager in Corporate Planning at Bank One/American National Bank in Chicago.
Alexion Pharmaceuticals, Inc. [BOSTON] (NASDAQ: ALXN) announced plans for the transition of Executive Vice President and Chief Financial Officer Paul Clancy later this year. He will be succeeded by Aradhana Sarin, M.D., who is currently the Chief Strategy and Business Officer. Clancy will remain at Alexion and continue to serve as a senior advisor through the middle of 2020. Dr. Sarin has been with Alexion since November 2017. She is currently a member of Alexion’s executive committee, serving as Executive Vice President, Chief Strategy and Business Officer, and was previously Senior Vice President, Business Development and Corporate Strategy. Sarin had more than 20 years of experience at global financial institutions prior to joining Alexion.
Faire [SAN FRANCISCO] announced that Lauren Cooks Levitan has been appointed as the company’s first Chief Financial Officer. Prior to joining Faire, Lauren was most recently the CFO at Fanatics. She has served on the board of directors (Audit Committee member) for e.l.f. Beauty, Inc. (NYSE: ELF) since 2016.
Union Bank [GREENVILLE, NC] (OTCQX: UBNC) announced that Scott C. (Mac) McLean will be promoted to Chief Financial Officer (CFO) for Union Bank effective November 1, 2019. Doyle Thigpen has served as the Bank’s CFO for the past 21 years, since it was founded in 1998, and will retire as CFO on that same date. Thigpen will assume a part-time role with the Bank, effective November 1, 2019. McLean has over 20 years of experience in the financial services industry, including as a regulator with the Federal Reserve Bank of Richmond and as CFO for two other community banks.
DermTech, Inc. [LA JOLLA, CA] (NASDAQ: DMTK) announced that Kevin Sun has been appointed as Chief Financial Officer, Treasurer and Secretary. From 2008 to 2018, Mr. Sun served in various executive and management roles for DexCom, Inc., including most recently as Vice President, Corporate Controller and Treasury, Interim Chief Financial Officer, and Vice President, Finance. Prior to DexCom, Mr. Sun held various roles of increasing responsibility at Biosite Incorporated.
Foghorn Therapeutics Inc. [CAMBRIDGE, MA] announced the appointment of Allan Reine, M.D., as Chief Financial Officer. Dr. Reine joins Foghorn from Pieris Pharmaceuticals where he has served since August 2017 as its Chief Financial Officer. Prior to that he was a healthcare portfolio manager at Lombard Odier Asset Management from 2012 through early 2017. Before joining Lombard Odier, Dr. Reine served as a healthcare portfolio manager at various funds, including SAC Capital Advisors and Alexandra Investment Management. Dr. Reine began his career in 2001 at CIBC World Markets where he worked in both biotechnology investment banking and biotechnology equity research.
Celonis [NEW YORK CITY & MUNICH] announced that Guido Torrini will join as its Chief Financial Officer. Torrini most recently held roles at Gympass, where he was CFO and Groupon, where he advanced his role to become General Manager of the Groupon+ business unit after serving as CFO for Global Commercial Finance. Earlier in his career, Torrini has held leadership positions across the US and EMEA at both Dell and Cisco.
Carrols Restaurant Group, Inc. [SYRACUSE, NY] (NASDAQ: TAST) announced that it has named Timothy “Tim” J. LaLonde as interim Chief Financial Officer, interim Treasurer, and interim Vice President. LaLonde was most recently the Chief Financial Officer at Dinosaur Restaurants, LLC from 2017 until earlier this year. Previously, he was Vice President, Controller at Carrols from 1997 until 2017. Earlier in his career, he was Controller at Fay’s Incorporated, from 1992 to 1997, and Senior Audit Manager at the accounting firm Deloitte & Touché LLP, where he was employed since 1978.
Calumet Specialty Products Partners, L.P. [INDIANAPOLIS] (NASDAQ: CLMT) announced that West Griffin, the Company’s Chief Financial Officer (CFO) since January 2017, will be leaving his role as CFO by the end of the year.
Goodwill Industries International (GII) [ROCKVILLE, Md.] announced that Marla Jackson has been named as chief financial officer (CFO), effective October 4. Jackson has served in various leadership capacities, including CEO and CFO, for local Goodwill® organizations. Since April 2019, she has served as director of consultative services for GII, overseeing a number of operational consultations, including CARF accreditation and assurance for the 158 community-based nonprofit Goodwill organizations throughout the United States and Canada. Prior to GII, she ran her own consulting company, leading contract work for several Goodwill organizations, such as Goodwill of Central Missouri and Eastern Kansas (Kansas City, MO). Before that, she was senior vice president and CFO for Goodwill of Central and Northern Arizona (Phoenix) from 2016 – 2017. She was also president and CEO of Goodwill Industries of San Antonio (TX). In addition, she was CFO and COO of Goodwill Industries of the Valleys (Roanoke, VA). Prior to joining Goodwill, she held various CFO positions at Danaher Corporation, Sandvik AB/Tamrock OY and Ingersoll Rand. Jackson replaces Jeffrey McCaw, former CFO for GII. McCaw has a 14-year tenure with GII, having served as the CFO for nine years and as controller for six years prior to that.
ALTR Created Diamonds [NEW YORK] has bolstered its leadership team with the addition of Richard J. Whitby as chief financial officer. Whitby joins ALTR following more than a decade with De Beers, including six years as CFO for the company’s Diamond Trading Company group sales operations.
Waterton [CHICAGO] announced the hiring of Tara Marszewski as its new chief financial officer (CFO). She will replace Doug Denyer, who will remain with the company for the next six to eight weeks to ensure a smooth transition prior to his planned retirement. Prior to joining Waterton, Marszewski was CFO of Brookfield Properties’ retail group. She was previously chief accounting officer of General Growth Properties, Inc. (GGP), which later merged with Brookfield, and prior to that spent 10 years in the real estate audit practice at KPMG.
NTN Buzztime, Inc. [CARLSBAD, CA] (NYSE American: NTN) announced that CFO Allen Wolff will serve as interim CEO while the board conducts a search for a permanent CEO. Wolff joined Buzztime in 2014 as Chief Financial Officer. Most recently, he was the Chief Financial Strategist at PlumDiggity. Allen started PlumDiggity after various roles in high growth companies, including PaySimple, which he co-founded in 2005.
Rokt [NEW YORK] appointed Holly Lim as the company’s first Chief Financial Officer. Lim joins Rokt from CFO positions at TuneIn and SoundCloud, and previously served as Group Finance Lead/Operations and Strategy at Google’s Advanced Technologies and Projects (ATAP) group.
SeaWorld Entertainment, Inc. [ORLANDO, FL] (NYSE: SEAS) announced that Marc Swanson, who serves as Chief Financial Officer, has been appointed interim Chief Executive Officer. Elizabeth Castro Gulacsy, who serves as Chief Accounting Officer, has been appointed interim Chief Financial Officer. Gulacsy will retain her role as Chief Accounting Officer. Swanson has most recently served as Chief Financial Officer and Treasurer of the Company since August 2017. Prior to that Mr. Swanson served as Chief Accounting Officer since 2012 and served as interim Chief Financial Officer from June 2015 until September 2015 and as interim Chief Financial Officer and Treasurer from August 1, 2017 until his permanent appointment later that same month. Previously, he was Vice President, Performance Management and Corporate Controller of SeaWorld Parks & Entertainment from 2011 to 2012, the Corporate Controller of Busch Entertainment Corporation from 2008 to 2011 and the Vice President of Finance of Sesame Place from 2004 to 2008. Gulacsy has most recently served as Chief Accounting Officer of the Company since August 2017. Gulacsy also served as Corporate Vice President, Financial Reporting, a position she was promoted to in 2016 after serving as Director, Financial Reporting from 2013 to 2016. Prior to joining SeaWorld, Ms. Gulacsy served from 2011 to 2013 as Chief Accounting Officer and Corporate Controller for Cross Country Healthcare, Inc., where she also served as Director of Corporate Accounting from 2006 to 2011, and Assistant Controller from 2002 to 2006. Prior to that time, Ms. Gulacsy was an Audit Manager for Ernst & Young LLP.
Modern Aviation [NEW YORK] announced that it has appointed Daniel Reinheimer as Chief Financial Officer. Prior to Modern Aviation, Reinheimer worked as the CFO of asTech. Prior to that, Reinheimer was the CFO for Hawaii Gas, a company owned by Macquarie Infrastructure Group (NYSE:MIC), and Atlantic Aviation, a FBO services company with approximately 70 FBOs, also owned by MIC. Previously, as CFO of Dental One. Additional leadership roles at Level 3 and Frontier Communications round out Reinheimer’s successful career experience.
Unisys Corporation [BLUE BELL, PA] (NYSE: UIS) announced the appointment of Mike Thomson as permanent chief financial officer (CFO). Thomson, who joined Unisys in December 2015 as corporate controller and principal accounting officer, was named interim CFO in April 2019.
Otis Elevator Co. [FARMINGTON, Conn.] announced the appointment of Rahul Ghai as Chief Financial Officer. Ghai most recently served as senior vice president and CFO of Harris Corporation. Prior to Harris, he served in executive-level finance roles at Aetna and United Technologies Corp.
Nuvectra Corporation [PLANO, TX] (NASDAQ: NVTR) announced the appointment of Jennifer Kosharek as Chief Financial Officer. Kosharek will assume the role of Chief Financial Officer after having served as the Company’s interim Chief Financial Officer since May 2019. Kosharek joined Nuvectra in January 2016 as Executive Director, Corporate Controller, and was appointed Vice President, Controller and Principal Accounting Officer, in June 2018. Prior to joining Nuvectra, Ms. Kosharek was the Corporate Controller and subsequently served as the Chief Financial Officer and Vice President of Finance at Interphase Corporation from 2011 to 2015. Preceding her position at Interphase, she served as Senior Accountant – External Reporting and later as Accounting Manager at Sabre Holdings from 2008 to 2011. She began her career at Grant Thornton, LLP.
StoneMor Partners L.P. [TREVOSE, PA] (NYSE: STON) announced it has elevated Chief Accounting Officer Jeffrey DiGiovanni to Senior Vice President and Chief Financial Officer, combining the roles of Chief Accounting and Chief Financial Officer. DiGiovanni replaces Garry Herdler, who will transition to a consulting role with the Partnership through the end of the year. DiGiovanni, prior to joining StoneMor, was Managing Director at a leading accounting and transaction advisory firm with offices in Philadelphia, New York City and Princeton, N.J.
IZEA Worldwide, Inc. [Orlando, Florida] (NASDAQ: IZEA) announced the appointment of Justin Andrews as Chief Financial Officer. Andrews previously served as Vice President of Finance, acting as the division CFO for multiple portfolios of ESW Capital (Trilogy), since 2018. Prior to his role at ESW Capital (Trilogy) he served as Director of Finance for Mobi Corp., which was later acquired by BSM Technologies, a publicly traded SaaS Geotab company. Prior to joining Mobi Corp., Mr. Andrews served as Head of Finance for Vantage Administration Services and United Payment Services.
DISQO [LOS ANGELES] announced the appointment of Jean-Philippe Durrios as its Chief Financial Officer (CFO) and Chief Operating Officer (COO). Most recently, Durrios served as VP of Strategic Finance & Operations at ServiceTitan. He also held positions as SVP of Global Operations at MarketShare and VP of International Marketing Services at Neustar. Earlier in his career, Durrios was a Business Manager for Yahoo.
Pressure BioSciences, Inc. [South Easton, MA] (OTCQB: PBIO) announced that Daniel J. Shea has joined the Company as Sr. Vice President and Chief Financial Officer (“CFO”). Since January 2017, Shea has operated Woodcliff Advisors LLC. Through Woodcliff, Shea personally filled CFO roles at public and private companies in the financial services and technology industries. From 1998 to 2016, he was a Senior Vice President at Affiliated Managers Group, Inc.
Katerra [MENLO PARK, CA] announced that Matthew Marsh has been appointed as chief financial officer. Marsh is replacing Joanne Solomon, who is leaving the company to pursue new opportunities. Marsh brings more than two decades of international financial management to his role at Katerra, including a 16-year career at General Electric Company. Prior to Katerra, Marsh was CFO and executive vice president for James Hardie Industries.
athenahealth, Inc. [WATERTOWN, MA] announced that Luis Borgen has joined the company as Chief Financial Officer (CFO). Luis most recently served as CFO for Vistaprint. Borgen has 22 years of experience in finance, serving as CFO for nine of those years. Prior to his work at Vistaprint, he served as CFO of DAVIDsTEA, Inc. Earlier in his career, Borgen served as CFO of DaVita, and held senior finance leadership roles at Staples, Inc.
Stereotaxis, Inc. [ST. LOUIS, MO] (NYSE American: STXS) announced that Kimberly Peery has been appointed Chief Financial Officer, effective October 1, 2019. Martin Stammer, who has served as Chief Financial Officer since 2013, has accepted a position as the CFO of a large professional services firm headquartered in the St. Louis area and will resign from the Company, effective September 30, 2019. Peery joined Stereotaxis in 2003 and currently serves as Vice President of Finance. Prior to Stereotaxis she served as a controller at various private companies.
Protective Insurance Corporation [CARMEL, Indiana] (NASDAQ: PTVCA, PTVCB) announced John Barnett as the Company’s Chief Financial Officer, effective September 30, 2019. Barnett has most recently served as Chief Financial Officer and Executive Vice President of First Acceptance Corporation, since October 2018 and served as Senior Vice President, Finance from May 2007 to March 2013. Barnett served as Vice President, Finance of Broadcast Music, Inc. from March 2013 to October 2018 and has served in various other management and manufacturing roles during his career, including as Senior Manager, Planning and Analysis of Anheuser-Busch Companies from 1999 to 2007.
Staffing 360 Solutions, Inc. [NEW YORK] (NASDAQ: STAF) announced that David Faiman, Chief Financial Officer (CFO), will be leaving the Company by December 31, 2019 and will assist in the orderly transition of his CFO responsibilities.
A-Mark Precious Metals [EL SEGUNDO, CA], Inc. (NASDAQ: AMRK) appointed Executive Vice President, Controller and Assistant Secretary Kathleen Simpson-Taylor as Chief Financial Officer (CFO), effective September 30, 2019. Simpson-Taylor will replace Cary Dickson, who has served as CFO of A-Mark since November 2015. Simpson-Taylor was appointed Executive Vice President, Controller and Assistant Secretary in November 2017, after serving as Vice President, Controller and Assistant Secretary since January 2016. Prior to A-Mark, Simpson-Taylor held various executive positions at Mattel, Inc. from 2000 to 2015, including Vice President, Mattel Division Finance and Vice President, USA Finance, and served as a member of the Board of Directors of the Mattel Federal Credit Union from 2002 to 2004.
Pixelworks, Inc. [SAN JOSE, CA] (NASDAQ: PXLW) announced the appointment of Elias N. Nader as chief financial officer. Nader succeeds Steven L. Moore, who previously held the role for more than 12 years. Moore will remain engaged as a consultant to the Company through February 2020 to assist with the transition. Nader most recently served as the interim president and CEO of Sigma Designs, Inc. He also served as the company’s chief financial officer during his tenure at the company, in addition to being appointed to the Board of Directors of Sigma Designs in early 2018. Before joining Sigma Designs, Nader was the chief financial officer for Imperial Holding as well as a financial consultant to several global companies in Europe and the Middle East. He previously held positions as corporate controller of Dionex Corporation, which was acquired by Thermo-Fisher, and vice president of finance at InterWave Communications, which was acquired by Alvarion, Inc., as well as served in a number of roles with leading companies such as Adaptive Broadband, Price Waterhouse Coopers (PWC), VeriFone and Seagate. Nader currently serves as a member of the audit committee on the Board of Directors of LMP Motors, based in Florida. From 2016 to 2018, he was a member of the audit committee on the Board of Directors of YuMe, Inc., which was acquired by RhytmOne.
Burlington Stores, Inc. [BURLINGTON, NJ] (NYSE: BURL) announced that Marc Katz has resigned as the Company’s Chief Financial Officer/Principal, to pursue other professional opportunities. John Crimmins, Executive Vice President, Finance and Chief Accounting Officer has been appointed interim Chief Financial Officer. Crimmins has been with the Company since 2011, most recently serving as Executive Vice President, Finance and Chief Accounting Officer. Before joining Burlington Stores, Mr. Crimmins held various roles at The Timberland Company including Chief Financial Officer, and Corporate Controller and Chief Accounting Officer from 2002 to 2009.
RTB House [NEW YORK,] announced that Aleksander Baryś has been selected to serve as Chief Financial Officer and as a board member. Baryś joins RTB House from Boryszew S.A., where he served as chief financial officer and board member. Prior to holding that position, from 2009 to 2016, he was associated with the CIECH Group and held the following positions: head of finance and accounting (2009-2014), president of the management board of the Soda Deutschland CIECH Group (2014-2016), group management director of CIECH S.A. and a member of the supervisory boards of CIECH Group companies (2016). In addition, from 2003 to 2008, Baryś was a financial controller for Basell Orlen Polyolefins Sp.z o.o. and deputy director for Unipetrol at PKN ORLEN S.A, part of PKN ORLEN Capital Group.
Xilinx, Inc. [SAN JOSE, CA] (NASDAQ: XLNX) announced that Lorenzo Flores, Executive Vice President and Chief Financial Officer, is stepping down from his position to pursue another executive opportunity. Flores plans to leave Xilinx following the company’s second quarter fiscal year 2020 earnings on October 23, to ensure a smooth transition.
Standard Motor Products, Inc. [NEW YORK] (NYSE: SMP) announced that Nathan Iles has been named the Chief Financial Officer of the Company. As previously announced, Jim Burke, who served as CFO since 1999, has been promoted to Chief Operating Officer and will assist in the transition of CFO duties to Mr. Iles. Iles most recently served as Vice President and Chief Financial Officer at UCI International Holdings. Throughout his eight years with UCI, Mr. Iles held various leadership roles including Chief Financial Officer of UCI’s ASC/Airtex subsidiary and Vice President Corporate Finance. Prior to that time, Mr. Iles served in other finance positions at Sears Holdings Corporation and Deloitte & Touche.
PREIT [PHILADELPHIA] (NYSE: PEI) announced its intention to promote Mario C. Ventresca, Jr., Executive Vice President – Operations, to Executive Vice President and Chief Financial Officer. He will replace current Executive Vice President and Chief Financial Officer Bob McCadden who will leave the Company effective December 31, 2019. Ventresca spent the first ten years of his career in accounting and finance positions. He joined PREIT in 1994 and currently serves as Executive Vice President of Operations overseeing the Company’s Leasing, Asset and Property Management functions.
AIM ImmunoTech Inc. [OCALA, FL] (NYSE American: AIM) named Ellen Lintal as its new Chief Financial Officer. Lintal succeeds Adam Pascale, who stepped down after more than two decades with the company. Lintal joined the company – then named Hemispherx Biopharma Inc. – in 2018 as Vice President of Finance & Control, before being promoted to Chief Accounting Officer earlier this year. Before joining AIM ImmunoTech, Lintal spent a decade at an international non-profit organization, serving as Chief Financial Officer and SVP of Finance & Control. Her more than 25-year career also includes public company accounting experience at Corning Inc., Carlisle Companies and AGY.