CFO Moves this week include:
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Everspin Technologies, Inc. [CHANDLER, AZ] (NASDAQ: MRAM) announced that Daniel Berenbaum is joining the company as Chief Financial Officer (CFO). Berenbaum will be relocating to Arizona from Singapore and will start at Everspin on July 15th. Berenbaum joins Everspin from GLOBALFOUNDRIES, where he has held executive finance positions since 2013. He was most recently Asia/Pacific CFO. Previously, he spent a decade on Wall Street in analyst and leadership roles. His earlier experience includes seven years in various technical and management roles at Applied Materials, as well as five years as a nuclear power-trained surface line officer in the United States Navy. Berenbaum is replacing Matt Tenorio who has acted as interim CFO since January. Tenorio will remain as Everspin’s Corporate Controller.
Praxis Precision Medicines [CAMBRIDGE, MA] announced the promotion of Stuart Chaffee, Ph.D., to chief financial officer. Dr. Chaffee previously served as chief business officer of Praxis since the company’s founding. Prior to Praxis, Dr. Chaffee was an entrepreneur-in-residence with Atlas Venture where he co-founded Kymera Therapeutics. He previously held several senior-level roles in finance, business development, program leadership and corporate strategy at Biogen, and served as an associate at Leerink Partners. Earlier in his career he led several oncology and neurology programs at Amgen.
American Financial Group, Inc. [CINCINNATI] (NYSE: AFG) announced that it has accepted the resignation of Joseph E. (Jeff) Consolino, AFG’s Executive Vice President and CFO. Consolino will be leaving AFG to pursue another opportunity in the insurance industry. In connection with this transition, Consolino stepped down from AFG’s Board of Directors.
Neovia Logistics [IRVING, TX] announced Craig Holmes was named Chief Financial Officer. Holmes joins Neovia from Global Power Equipment Group where he was CFO and also served as interim President and co-CEO. Prior to Global Power, Craig held CFO and senior leadership positions at Goodman Networks, Digital Generation, and Quickoffice.
Syniverse [TAMPA, FL] announced it has appointed Andrew Davies as chief financial and administrative officer (CFAO). He replaces Simeon Irvine, who served as interim chief financial officer (CFO) and who will continue with Syniverse as its chief transformation officer. Davies most recently served Sprint as its CFO from July 2018 until the closing of its merger with T-Mobile USA. Prior to joining Sprint, Davies served as Group CFO for Amsterdam-based VEON. Before joining VEON, Davies spent more than a decade with Vodafone Group holding various financial leadership positions in Japan, Turkey, and India, in addition to his appointment as CFO of Verizon Wireless in the U.S. He started his career with KPMG in Cardiff, Wales, before serving in elevated senior finance roles with GE, Honeywell, and the Caudwell Group in both the U.K. and the U.S.
Team Cymru [ORLANDO, FL] announced the appointment of Darren Bounds as its Chief Financial Officer. Prior to joining Team Cymru, Bounds served as Director in the Technology & Services Investment Banking team at Robert W. Baird & Co. Prior to Baird, he served as Vice President of Credit Suisse in the Mergers & Acquisitions Group. Bounds began his career as a Navy SEAL.
Tradeshift [SAN FRANCISCO, CA] announced that Carrie Dolan has joined the company as Chief Financial Officer (CFO). Dolan joins from Metromile. Prior to Metromile, Dolan was the CFO of Lending Club. Earlier in her career, Dolan was senior vice president and treasurer for Charles Schwab and CFO for the Schwab Bank. She also held various financial positions at Chevron and launched the Chevron Credit Bank.
8×8, Inc. [CAMPBELL, CA] (NYSE: EGHT) announced the appointment of Samuel (Sam) Wilson to Executive Vice President and Chief Financial Officer. Wilson succeeds Steven Gatoff. Wilson joined 8×8 in September 2017, most recently serving as Chief Customer Officer and Managing Director of EMEA. Prior to that, Wilson served as Senior Vice President, responsible for global eCommerce and small business, as well as U.S. mid-market sales. Previously, Wilson was at MobileIron.
Veeva Systems [PLEASANTON, CA] (NYSE: VEEV) announced that Brent Bowman will become the company’s next chief financial officer. Bowman will assume the role of CFO after a transition period of approximately 90 days with current CFO Tim Cabral, who previously announced his intent to retire and assume a new role as an advisor to Veeva.
A-LIGN [TAMPA, FL] announced it has appointed Michael Branca as Chief Financial Officer (CFO). During the past two decades, Branca has served as CFO at five private equity-owned companies: Community Brands (formerly Ministry Brands), YourMembership, SafeNet, Inc., Numara Software, Inc. and Trak Communications.
EpicentRx, Inc. [TORREY PINES, CA] announced the appointment of Dr. Franck Brinkhaus as President in addition to his current role as Chief Financial Officer. Brinkhaus has nearly three decades of biotechnology and pharmaceutical finance experience as a Life Sciences Investment Banker.
Tenacore LLC [SANTA ANA, CA] named Barbara Bitzer as chief financial officer. Bitzer most recently served as chief accounting officer and senior controller for Foundation Building Materials, Inc. She also served as vice president and controller for both Calumet Specialty Products, L.P. and Remy International.
LeaseAccelerator Services, LLC [RESTON, VA] announced that Keith Haas has joined the company as its new chief financial officer. He will succeed David McCullough, who has served as LeaseAccelerator’s CFO since 2014. Haas previously served as the vice president of finance for GeoEye. Prior to GeoEye, Keith served as a key financial leader for K12 Inc.
My Alarm Center [NEWTOWN SQUARE, PA] announced the appointment of a new CFO with the promotion of Evan Flamm, currently SVP of Finance, to the role of Chief Financial Officer. Flamm joined My Alarm Center in mid 2019 as Senior Vice President of Finance. Prior to joining My Alarm Center, Evan worked at Connect America as Vice President of Corporate Finance and Strategic Planning, as well as IT strategy consulting at IBM.
Nesco Holdings, Inc. [FORT WAYNE, IN] (NYSE: NSCO) announced that Joshua A. Boone will be joining Nesco as Chief Financial Officer. Prior to joining Nesco, Boone was Executive Vice President and Chief Financial Officer of Patrick Industries, Inc. He has additional experience as Chief Financial Officer for Pretzels, Inc. and served in several leadership positions in finance and accounting at Brunswick Corporation.
Green Growth Brands Inc. [COLUMBUS, OH] (CSE: GGB, OTCQB: GGBXF) announced that Brian Logan is stepping down as Chief Financial Officer, effective July 15, 2020. Logan has served as Chief Financial Officer of the Company since January 2019.
LHC Group, Inc. [LAFAYETTE, LA] (NASDAQ: LHCG) announced the promotion of Joshua Proffitt from CFO to president and the hiring of Robert Williams as the company’s new chief financial officer, effective July 13, 2020. Williams was most recently with ChenMed, where he served as vice president of strategic financial operations since 2017. Prior to ChenMed, Williams held various financial leadership positions including chief financial officer with Altegra Health, vice president of finance with Blue Cross Blue Shield of Michigan, chief financial officer of Active Health Management, and several roles at Barclays PLC including director of business intelligence with Barclays Wealth and chief financial officer with Barclaycard Global Operations and Transformation. Prior to Barclays, he spent 10 years of his career with American Express Company in various financial roles and responsibilities.
Security Federal Corporation [AIKEN, SC] (OTCBB: SFDL), the holding company for Security Federal Bank, announced, effective June 30, 2020, Jessica T. Cummins will be resigning as Chief Financial Officer of the Company and the Bank, positions she has held since June 2014. Subsequent to her resignation, Cummins will continue to serve on the Company’s and Bank’s Boards of Directors. The Company also announced that Darrell Rains has been promoted to Chief Financial Officer of the Company and the Bank effective June 30, 2020. Rains served as Executive Vice President and Chief Financial Officer of Southeastern Bank Financial Corporation and Georgia Bank & Trust Company, Augusta, Georgia and successors from October 2005 to March 2017. Rains served as Executive Vice President- Regional Financial Officer for Regions Bank from 1998 to 2005. From 1989 to 1998, Mr. Rains served as Executive Vice President and Chief Financial Officer for Palfed, Inc. and subsidiaries, including Palmetto Federal Savings Bank of South Carolina, FSB.
Plus Products Inc. [SAN MATEO, CA] (CSE: PLUS, OTCQX: PLPRF) announced that the Company’s Chief Financial Officer, Jon Paul, will be retiring at the end of this month, and current Vice President of Finance, Nate Pearson, has been identified as his successor. Pearson is expected to be officially appointed on or around July 1, 2020. Following his time at Ernst & Young, Pearson worked at Tesla Motors as a Senior Financial Analyst and at Lagunitas as the Director of Financial Planning and Analysis, before ultimately joining PLUS in his role as Vice President of Finance.
Summit Therapeutics plc [Oxford, United Kingdom and Cambridge, MA] (NASDAQ: SMMT) announced that Michael Donaldson has been appointed as Chief Financial Officer. Donaldson joins Summit from Goldfinch Bio, Inc., where he led finance and accounting as Vice President, Finance, and Corporate Controller. Previously, he served as Vice President, Finance, Corporate Controller and Assistant Treasurer at ARIAD Pharmaceuticals, Inc. Prior to that, he was the Corporate Controller for Hittite Microwave Corporation. Donaldson spent the first 11 years of his career at PricewaterhouseCoopers.
Versique Search and Consulting [MINNEAPOLIS] announced the promotion of Erik Fortier to Chief Financial Officer. Fortier joined Versique as Vice President of Finance in May 2019 and brings more than 17 years of diverse Corporate Finance experience in various companies, both public and private in the staffing, retail, hospitality, aerospace, technology, and financial services industries.
The Southern Education Foundation (SEF) [ATLANTA] announced that Leighton O’Sullivan joined SEF as chief financial officer on April 1. Prior to that, he was the chief financial officer at IFS Group. His previous experience includes serving as associate vice president and controller at Clark Atlanta University and controller and director of accounting services at Yeshiva University.
Wolfe LLC [PITTSBURGH] announced the hiring of Lee Ann Prosky-Carter as new Chief Financial Officer. Prosky-Carter has years of finance and accounting experience working with such notable companies as HM Health Solutions, Summa Technologies, and Siemens.
Advanced Group [CHICAGO] named Joseph Scott as Chief Financial Officer. Scott most recently served as the Senior Vice President, Strategic Finance of PAREXEL where he provided divisional CFO leadership. Prior to his role at PAREXEL, Scott held senior finance and accounting roles at Monster, Thomson Reuters, and EMC.
TILT Holdings Inc. [CAMBRIDGE, MA] (CSE: TILT, OTCQB: TLLTF) announced that TILT’s Chief Financial Officer (“CFO”), David Caloia, departed the Company. Brad Hoch, Controller at the Company’s Jupiter Research, LLC business unit, will assume responsibilities as the interim TILT CFO and Corporate Controller. Prior to joining TILT, Hoch served as Division Controller at American Traffic Solutions, Inc. He brings over twenty years of experience in a number of enterprises including TPI Composites Inc. and Gateway Inc.
Ardelyx [FREMONT, CA] (NASDAQ: ARDX) announced the appointment of Justin Renz to the position of Chief Financial Officer. Renz most recently served as the president and chief financial officer of Correvio Pharma. Prior to Correvio, Renz was executive vice president, chief financial officer and treasurer of Karyopharm Pharmaceuticals. Before Karyopharm, Renz was executive vice president and chief financial officer at Zalicus Inc. (formerly CombinatoRx, Inc.), which he joined in 2006. Earlier in his career, Renz held numerous positions of increasing responsibility at ArQule, Inc. and Millipore Corporation. Mr. Renz began his career with Arthur Andersen LLP in 1993.
Global Franchise Group (GFG) [ATLANTA] named Sam Patterson as their new Chief Financial Officer. Patterson comes to GFG from FOCUS Brands where he served as Senior Vice President of Accounting. Before his time with FOCUS, he was Senior Vice President & Corporate Controller for Movie Gallery/Hollywood Video, Vice President and Corporate Controller for Republic National Cabinet Corporation, and Corporate Controller for Wolverine Tube, Inc.
Eastside Distilling, Inc. [PORTLAND, OR] (NASDAQ: EAST) announced that Geoffrey Gwin will step down from his role as a member of the Company’s board and will be appointed Eastside’s Chief Financial Officer. Gwin joined the Eastside board of directors in August 2019. Until March 2020, Gwin was most recently a Member of Quad Capital Management Advisors, LLC and the Managing Member of Group G Capital Partners, LLC. Gwin is a Board Observer of SMArtX Advisory Solutions, Inc. Gwin formed Group G Capital Partners, LLC in 2003 and had continuously managed its related strategies as its Chief Investment Officer. Gwin has held positions at Symphony Asset Management, BHF-BANK Aktiengesellschaft, and Citibank, Inc. over the last two decades. Gwin replaces G. Stuart Schreiner, who was the Company’s Interim Chief Financial Officer.