CFO Moves

Tracking CFO Movement Across the USA

CFO Moves – week ending February 23, 2018

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CFO Moves this week include:

GM Financial AMRI Bruker Corporation
QVC, Inc. UGI Corporation American Zinc Recycling LLC
Invacare Corporation GulfMark Offshore, Inc. ClearDATA
ITS Logistics Ephesoft, Inc. Murphy Oil Corporation
FormFactor, Inc. Forum Energy Technologies, Inc. Campus Life & Style
FirstEnergy Corp. GoodData UCHealth
Barton Malow Company Celanese Corporation Savigent Software, Inc
National Lutheran Communities & Services Giga-tronics Incorporated Otter Media
Nicholas Financial, Inc. Spirit Realty Capital, Inc. Glassdoor
LivePerson, Inc. Lydall, Inc. iCIMS Inc.
Rubrik

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NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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GM Financial [FORT WORTH, TEXAS] announced the retirement of Chris Choate as Chief Financial Officer. Treasurer Susan Sheffield has been named to succeed Choate. Sheffield has served as Executive Vice President and Treasurer since 2014. Prior to her role as Treasurer, Sheffield was SVP of Corporate Finance since 2008. From 2002 to 2008, she led the Structured Finance team. She joined the company in 2001 as VP Investor Relations.

AMRI [WALTHAM, Mass.] announced the appointment of Anthony Mattacchione as senior vice president and chief financial officer. Mr. Mattacchione succeeds Felicia Ladin, who announced her intention to leave AMRI in December 2017. Before joining AMRI, Mr. Mattacchione spent five years at Bruker Corp. where he most recently served as their chief financial officer. Before this, he was senior vice president, corporate finance and accounting. Prior to joining Bruker, Mr. Mattacchione served as chief financial officer of EMD Millipore, from 2010 to 2013. Previously, he was vice president, controller and chief accounting officer of Millipore Corp. between 2006 and 2010. He also held various financial leadership roles during a 16-year career at Gerber Scientific Inc.

Bruker Corporation [BILLERICA, Mass.] (NASDAQ: BRKR) announced that Anthony Mattacchione, Chief Financial Officer (CFO) and Senior Vice President of Bruker, has submitted his resignation. Mr. Mattacchione has informed us that he has accepted a position as Chief Financial Officer of Albany Molecular Research, Inc.

QVC, Inc. [WEST CHESTER, Pa.] announced that Ted Jastrzebski will be stepping down as Chief Financial Officer.

UGI Corporation [VALLEY FORGE, Pa.] (NYSE: UGI) has named Ted Jastrzebski to the position of Chief Financial Officer, an executive officer of the Company. Mr. Jastrzebski joins UGI after serving since 2013 as Executive Vice President and Chief Financial Officer of the QVC Group of Companies. Prior to QVC, Mr. Jastrzebski held senior-level finance and general management leadership positions at international companies and organizations including The Hershey Company (2004-2013), CARE (2002-2004), Project HOPE (1999-2002), and Procter & Gamble (1985-1999). While with Procter & Gamble, Mr. Jastrzebski had leadership assignments in India, Egypt, and Poland.

American Zinc Recycling LLC [PITTSBURGH] announced that it has named Marcelino Rodriguez as its new Chief Financial Officer. Mr. Rodriguez most recently served as Chief Financial Officer of KMG Chemicals.

Invacare Corporation [ELYRIA, Ohio] (NYSE: IVC) announced the appointment of Kathleen P. Leneghan as Senior Vice President and Chief Financial Officer. Ms. Leneghan has been in the role of interim Chief Financial Officer of the company since November 26, 2017. Prior to her promotion, Ms. Leneghan was vice president and corporate controller since 2003. She has been with Invacare for 27 years, serving in various financial roles in both North America and Europe. Prior to joining Invacare, Ms. Leneghan was an audit manager with Ernst & Young LLP.

GulfMark Offshore, Inc. [HOUSTON] (NYSE: GLF) announced that Sam Rubio will be promoted to the position of Chief Financial Officer. Sam will replace James (Jay) M. Mitchell. Mr. Rubio joined GulfMark in 2005 and has continued to earn increasing responsibilities within the organization, currently holding the position of Senior Vice President – Controller and Chief Accounting Officer. Sam became Vice President – Controller and Chief Accounting Officer in 2008 and was promoted to Senior Vice President in 2012.

ClearDATA [AUSTIN, Texas] announced that Dennis Hynson has joined as chief financial officer. Hynson joins ClearDATA from IntelliCyt, where he was CFO and Chief Operating Officer.

ITS Logistics [RENO, Nev.] announced that Jamie Lawson has been elevated to the role of Chief Financial Officer. Lawson started at the company in 2014 as Controller before being promoted to Director of Finance, and now to CFO and a position on the executive team. Lawson started out in the accounting field. She has worked in public accounting for CPA firms in Oklahoma, California and Nevada.

Naren Goel

Ephesoft, Inc. [IRVINE, CALIF.] announced that it has appointed Naren Goel as Chief Financial Officer (CFO).

Murphy Oil Corporation [EL DORADO, Ark.] (NYSE: MUR) announced that David R. Looney has been appointed as Executive Vice President and Chief Financial Officer. Mr. Looney will succeed John W. Eckart who previously announced his intention to retire from the company later this year.

FormFactor, Inc. [LIVERMORE, Calif.] (NASDAQ: FORM) announced that it has appointed Shai Shahar to serve as the Company’s Chief Financial Officer. He replaces the Company’s current Chief Financial Officer, Michael Ludwig, who is retiring. Mr. Shahar is currently serving as the Vice President Finance & Operations of Nova Measuring Instruments. From 2014 to 2016, Mr. Shahar served as Vice President Finance and Corporate Controller of PMC-Sierra, Inc., and served as its Vice President Finance, FP&A, from 2010 to 2014. Mr. Shahar was Chief Financial Officer of Wintegra, Inc., from 2006 to 2010.  From 1997 to 2006, Mr. Shahar worked in progressive roles through senior manager at Ernst & Young.

Forum Energy Technologies, Inc. [HOUSTON] (NYSE: FET) announced that the company has appointed Pablo G. Mercado to serve as Senior Vice President and Chief Financial Officer. James W. Harris, the current Chief Financial Officer, has been leading the Drilling and Subsea segment since September 2017 and will transition full-time to that operating role, serving as Forum’s Executive Vice President – Drilling and Subsea. Pablo joined Forum in 2011 as Vice President, Corporate Development and has held positions with increasing responsibility. Most recently, he served as Senior Vice President – Finance, with oversight of Forum’s corporate development, investor relations, accounting, tax and treasury functions. Prior to joining Forum, he was an investment banker in the Oil and Gas Group of Credit Suisse Securities (USA) LLC.

Campus Life & Style (“CLS”) [NEW YORK] announced that Joseph Hughes has been promoted to the position of Chief Financial Officer. Mr. Hughes previously served as CLS’ Senior Vice President of Financial Planning & Analysis. Prior to joining CLS in 2016, Mr. Hughes served as American Campus Communities’ Vice President of Budgeting & Forecasting, a position he held from 2007 to 2015.

FirstEnergy Corp. [AKRON, Ohio] (NYSE: FE) announced Steven E. Strah as the company’s senior vice president and chief financial officer. Strah, currently senior vice president and president, FirstEnergy Utilities. Strah began his career with The Illuminating Company in 1984 and has specialized in regional operations.  He has been in his current position since 2015.

GoodData [SAN FRANCISCO] has brought on Carol Lee as its new Chief Financial Officer. Prior to joining GoodData, Lee was Vice President of Finance for Konica Minolta Business Solutions, 2011 and 2017.

Dan Rieber

UCHealth [Aurora, CO] announced the appointment of Dan Rieber as chief financial officer. Rieber has been serving as the 9-hospital system’s interim CFO since Fall 2017.

Barton Malow Company [DETROIT] announced Lars Luedeman as Chief Financial Officer. Lars Luedeman joined Barton Malow Company in 2012 as Director of Finance after spending 16 years in the investment banking industry.

Scott Richardson

Celanese Corporation [DALLAS] (NYSE: CE) announced that chief financial officer, Chris Jensen, has tendered his resignation after a successful 12 years with the Company. He will be succeeded as CFO by Scott Richardson, currently Senior Vice President, Engineered Materials. Richardson joined Celanese in 2005 and held a variety of roles at the Company including Vice President and General Manager of Acetyls, and his most recent role as Senior Vice President, Engineered Materials.

Savigent Software, Inc. [MINNEAPOLIS] has named John Mitchell as Chief Financial Officer. Most recently Mitchell served in finance management roles at Hewlett Packard Enterprise (HPE) for 18 years in various business units including Applications and Supply Chain & Operations. Prior to HPE, he was the CFO of Rainier Technology. He started his career as a CPA and audit manager at a national accounting firm.

Richard Mazza

National Lutheran Communities & Services [ROCKVILLE, MD] announced that Richard M. Mazza has joined as Chief Financial Officer. Most recently, Mazza was Managing Director at Solar Renewable Energy, LLC. Prior to that, he spent seven years at Pacific Retirement Services, Inc., where he served in a variety of roles including Senior VP of Development and Chief Accounting Officer. Mazza also spent 17 years at KPMG, holding multiple positions including, Director and Senior Manager of Retirement Housing & Long-term Care Consulting Practice and Manager of Assurance Practice.

Giga-tronics Incorporated [DUBLIN, Calif.] (OTCQB: GIGA) announced the appointment of Dr. Lutz P. Henckels as Executive Vice President and Interim Chief Financial Officer. Dr. Henckels, who joined the Company’s Board of Directors in 2011, is a managing member of Alara Capital AVI II. Dr. Henckels has over 20 years’ experience serving as Chief Executive Officer of both public and private technology companies including, among others, LeCroy Corporation and most recently as Chairman and Chief Executive Officer of HiQ Solar, Inc.

Otter Media [LOS ANGELES] announced that Jennifer Cho has been named chief financial officer. Cho joins Otter with more than 25 years of experience in banking, corporate finance, treasury, corporate development and financial operations. She has held senior leadership positions at AT&T, DIRECTV and Gap Inc. Most recently she served as CFO of AT&T Entertainment Group’s Technology & Operations division.

Nicholas Financial, Inc. [CLEARWATER, Fla.] (NASDAQ: NICK) announced that Chad Steinorth will be rejoining the Company as Vice President and Interim CFO. Mr. Steinorth originally spent 13 years with Nicholas Financial from November 1993 to November 2006, holding several positions including Controller and Vice President of Finance. Since then, Mr. Steinorth ran his own local auto finance company in the Tampa Bay area before selling it in 2016. Mr. Steinorth most recently served as Vice President of Finance at Platinum Auto Finance.

Spirit Realty Capital, Inc. [DALLAS] (NYSE: SRC) announced that the Company would not be renewing its employment agreement with Phil Joseph, Executive Vice President, Chief Financial Officer and Treasurer.

Glassdoor [MILL VALLEY, Calif.] announced James (Jim) S. Cox has joined the company as Chief Financial Officer. Cox joins Glassdoor from Lithium Technologies, where he was CFO. Prior to joining Lithium, Cox was the CFO at Advent Software. Earlier in his career, he worked at UTStarcom and PricewaterhouseCoopers LLP in Ohio, California and New Zealand.

LivePerson, Inc. [New York, New York] announced that it is appointing Christopher Greiner to serve as Chief Financial Officer. Mr. Greiner previously served as Chief Financial Officer and Operating Officer of Inovalon Holdings, Inc., from November 2016 to February 2018. Prior to this combined role, Mr. Greiner served as Inovalon’s Chief Product and Operations Officer, a position he held from May 2013 to November 2016. Prior to joining Inovalon in May 2013, Mr. Greiner served as a Vice President at Computer Sciences Corporation, from November 2012 to April 2013. From April 1999 to November 2012, Mr. Greiner served as the combined Chief Operating Officer and Chief Financial Officer of IBM’s Business Analytics division. Prior to this position, Mr. Greiner was responsible for IBM’s global services business based in Shanghai, China, and Tokyo, Japan. Additionally, Mr. Greiner fulfilled multiple roles in finance and operations both within IBM’s U.S. business and overseas operations in Australia, India, China, Hong Kong, Taiwan, and Singapore.

Lydall, Inc. [MANCHESTER, Conn.] (NYSE: LDL) announced that Randall B. Gonzales, has been appointed Executive Vice President and Chief Financial Officer of Lydall, Inc. Mr. Gonzales will be joining Lydall from his position as Senior Vice President, Chief Financial Officer and Treasurer of Progress Rail Services Corporation. Prior to joining Progress Rail, Mr. Gonzales held financial and operational leadership roles of increasing responsibilities within Nissan Motor Co., Ltd. Prior to that role, he was the Chief Financial Officer for Nissan’s Global Sales & Marketing functions.

iCIMS Inc. [HOLMDEL, N.J.] announced the introduction of Valerie Rainey as chief financial officer (CFO). Rainey previously served as CFO at CMA CGM America, and INTTRA, Inc.

Rubrik [PALO ALTO, Calif.] announced Murray Demo as the company’s Chief Financial Officer. Prior to Rubrik, Demo was CFO at Atlassian. Demo brings decades of experience to Rubrik and has previously served as CFO at Adobe Systems, Postini, LiveOps and Dolby Laboratories.

CFO Moves – week ending February 16, 2018

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CFO Moves this week include:

ImmunoMet Therapeutics SunTrust Banks, Inc. Twilio Inc.
The Motley Fool Holdings, Inc Papa John’s International, Inc. Trinity Industries, Inc.
Gibson Brands, Inc. TowneBank Cell Medica
Catastrophe Solutions International Algeco Scotsman Global Mills Fleet Farm
Ominto, Inc. Globecomm Abaco Systems
Aptinyx Inc Murphy Oil Corporation Deep Green Waste & Recycling, Inc.
Adventist Health Cenveo, Inc. Energy Fuels Inc.
ACETO Corporation Benson Hill Biosystems Blucora, Inc.
Information Technology Procurement Sourcing Edgewell Personal Care Company KMG
Retail Properties of America, Inc. SiFive Patient Home Monitoring Corp.

Would you like to receive our weekly CFO Moves directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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ImmunoMet Therapeutics [HOUSTON] announced the appointment of Allan J. Shaw as Chief Financial Officer. Allan L. Shaw currently serves as a director of VIVUS, Inc. Most recently, Mr. Shaw was the Chief Financial Officer and Treasurer of Syndax Pharmaceuticals, Inc. Mr. Shaw was Managing Director of Alvarez & Marsal LLC. Mr. Shaw’s previous experience includes serving as the Chief Financial Officer of Serono S.A., NewLead Holdings Ltd. and Viatel, Inc. Mr. Shaw was also the founder and Senior Managing Director of Shaw Strategic Capital LLC.

Allison Dukes

SunTrust Banks, Inc. [ATLANTA] (NYSE: STI) announced that Aleem Gillani, chief financial officer, has announced his plans to retire from the company. He will be succeeded by Allison Dukes, currently head of Commercial Banking.

Twilio Inc. [SAN FRANCISCO] (NYSE: TWLO) announced that Lee Kirkpatrick, who has served as Twilio’s Chief Financial Officer since May 2012, has informed the Company and its Board of Directors of his decision to leave the company.

The Motley Fool Holdings, Inc. [ALEXANDRIA, Va.] announced the appointment of Kerra McDonough to Chief Financial Officer. Mrs. McDonough has been a member of The Motley Fool’s finance team for over 18 years and was formerly serving as Chief Performance Officer. Mrs. McDonough is assuming the role from Ollen Douglass, who held the position for 17 years. Mr. Douglass is moving to a newly created role as Managing Director of Motley Fool Ventures. Prior to joining the company in 2000, Mrs. McDonough was a budget analyst for Booz Allen Hamilton.

Papa John’s International, Inc. [Louisville, Kentucky] appointed Steven R. Coke, the Company’s Vice President of Investor Relations and Strategy, to the positions of principal financial and accounting officer of the Company on an interim basis, effective March 2, 2018, the previously announced date of departure of Lance Tucker, the Company’s Chief Financial Officer and Chief Administrative Officer.  The Company has commenced a search for a permanent chief financial officer. Steven R. Coke has served as Vice President, Strategic Planning since January 2015, after serving as Senior Director, Strategy since April 2012 and Senior Director, Restaurant Finance since June 2011.  He has served in various director and manager level positions with increasing responsibility in Finance since joining the company in May 1998.

Trinity Industries, Inc. [DALLAS] (NYSE: TRN) announced that Scott Beasley, currently the Group Chief Financial Officer of Trinity’s Construction, Energy, Marine and Components businesses, has accepted a role as the future Chief Financial Officer of the new infrastructure company upon completion of the spin-off. Mr. Beasley, has served in his current role since 2017. Mr. Beasley joined the Company in 2014 and previously served as Vice President of Corporate Strategic Planning for Trinity Industries. Prior to joining Trinity, Mr. Beasley was an Associate Principal with McKinsey & Company. Previously, he worked at McMaster-Carr Supply Company for several years as an operations manager.

Gibson Brands, Inc. [NASHVILLE, Tenn.] announced that Benson Woo will return to the company as Chief Financial Officer. Mr. Woo spent his early career at General Motors and then moved onto senior financial positions at more entrepreneurial companies.

TowneBank [SUFFOLK, VA] (NASDAQ: TOWN) announced the promotion of William B. Littreal to the position of Senior Executive Vice President and Chief Financial Officer, following the retirement of Clyde E. McFarland, Jr., who has served as CFO since the founding of the company in 1999. Mr. Littreal joined TowneBank in 2008 and has served in several executive roles as the company’s Finance Director from 2008 – 2011, Chief Operating Officer from 2011 – 2016, and in his current role as Chief Strategy Officer and Director of Investor Relations. Mr. Littreal will continue in his investor relations role when he assumes his new post. Prior to joining the company, Mr. Littreal served as Chief Financial Officer of another publicly-held financial institution.

Cell Medica [HOUSTON & LONDON] announced the appointment of Kevin S. Boyle, Sr. as Chief Financial Officer, based in Houston, TX.

Catastrophe Solutions International [ST. LOUIS, MO.] announced that Andy Kipker has joined the company as Chief Financial Officer. Andy spent the last 21 years working for Safelite, where his roles included serving as Controller, Director of Financial Planning and Analysis, AVP of Credit and Client Services, and for the past 14 years as Vice President of Claims Management and Strategic Planning Services.

Algeco Scotsman Global [BALTIMORE] announced that Sunny Thakrar, its former European Chief Financial Officer, has been appointed Group Chief Financial Officer following the concurrent resignation of Stephen Bishop, who had served as the Group’s Chief Financial Officer since 2014.

Mills Fleet Farm [APPLETON, Wis. & BRAINERD, Minn.] announced that Michael Schwindle has been appointed Executive Vice President and Chief Financial Officer (“CFO”). Mr. Schwindle was most recently CFO at Payless Shoe Source, and previously held CFO positions at both Harry & David and Musician’s Friend. He began his career at Deloitte & Touche LLP. He has also held financial and operational leadership roles at Home Depot, Limited Brands, and The Longaberger Company.

Ominto, Inc. [BOCA RATON, Fla.] (NASDAQ: OMNT) announced the appointment of Jim Spielman as Chief Financial Officer. Prior to joining Ominto, Mr. Spielman was the Managing Partner of Sympheron Capital LLC. Prior to Sympheron, Mr. Spielman served as the CFO of Intelligent InSites. Prior to InSites, Mr. Spielman was an M&A and corporate finance investment banker with Houlihan Lokey’s Global Energy Investment Banking Group and Bank of America Securities’ Global Healthcare Investment Banking Group in New York. Earlier in his career, Mr. Spielman spent 10 years in senior roles with Western Digital, Buy.com and Health Care Property Investors. Mr. Spielman started his career as an audit CPA with Arthur Andersen.

Jeff Garte

Globecomm [HAUPPAUGE, N.Y.] announced Jeff Garte has joined their executive team as Chief Financial Officer. Prior to joining Globecomm, he served at Hibernia Networks for nearly four years as the senior vice president of corporate development, managing corporate development, FP&A, and procurement. Before Hibernia, Mr. Garte was VP of FP&A at Sterling Infosystems. He also served as VP of finance at AboveNet, where his responsibilities included corporate development, FP&A, investor relations, project cost management and procurement.

Abaco Systems [HUNTSVILLE, Ala.] announced the appointment of William Read as Chief Financial Officer. Mr. Read joins Abaco from Harmar, where he most recently served as Chief Financial Officer. Mr. Read has also held senior financial positions at BBB Industries, Continental Motors and Teledyne Technologies.

Aptinyx Inc. [EVANSTON, Ill.] announced Ashish Khanna, the company’s chief business officer, has also been appointed its chief financial officer. Mr. Khanna has served as chief business officer of Aptinyx since the company’s inception in 2015. He played a central role in forming and spinning out Aptinyx from its predecessor company, Naurex, as part of a transaction with Allergan. He joined Naurex as vice president of corporate development in 2010. Prior to Aptinyx and Naurex, Mr. Khanna served as director of business development at Vanda Pharmaceuticals. He was formerly a member of the cardiology strategic marketing team at Cordis Corporation. Earlier, he was a strategy consultant with the Palladium Group and with the Strategic Advisory Services practice of Ernst & Young.

Murphy Oil Corporation [EL DORADO, Ark.] (NYSE: MUR) announced that John W. Eckart, Executive Vice President and Chief Financial Officer, has informed the company of his intention to retire, after nearly 28 years of service.

Deep Green Waste & Recycling, Inc. [MARIETTA, Ga.] (OTC: DGWR) announced the addition of Josh Beckham as Chief Financial Officer. Josh has spent the last 8 years overseeing a succession of financial and analytical departments at AT&T.

Adventist Health [ROSEVILLE, Calif.] announced the planned retirement of its senior vice president and chief financial officer (CFO), Jack Wagner, after four years of service to the company. Joe Reppert, a recent internal hire will succeed Mr. Wagner as CFO.

Cenveo, Inc. [STAMFORD, Conn.] (NASDAQ: CVO) announced the appointment of Mark S. Hiltwein as Chief Financial Officer. Mr. Hiltwein succeeds Scott Goodwin, who is departing Cenveo. Mr. Hiltwein rejoins Cenveo from Rand Logistics, Inc., where he served as Chief Financial Officer. Previously, Mr. Hiltwein held several senior positions at Cenveo, including Chief Financial Officer, President of the Envelope Group, and President of Field Sales and Manufacturing.

Energy Fuels Inc. [LAKEWOOD, CO.] (NYSE American: UUUU; TSX: EFR) announced that David C. Frydenlund, the Company’s previous Senior Vice President, General Counsel and Corporate Secretary, has been appointed Chief Financial Officer (“CFO”), General Counsel and Corporate Secretary. Mr. Frydenlund will replace the Company’s current CFO, Daniel G. Zang, who will be leaving the Company. Mr. Frydenlund has worked in the U.S. uranium mining industry since 1997, including as CFO of International Uranium Corporation from 2000-2005.

ACETO Corporation [PORT WASHINGTON, N.Y.] (NASDAQ: ACET) announced that it has appointed Edward J.  Borkowski as Chief Financial Officer. Mr. Borkowski served as CFO at several healthcare companies including Concordia, where he was also a member of the board, Carefusion and Mylan.  He began his career at Arthur Andersen.

Michael Wainscott

Benson Hill Biosystems [ST. LOUIS] announced that Michael Wainscott has joined the organization as Chief Financial Officer. Most recently, Wainscott co-founded and served as Chief Financial Officer for Technology Crops International.  Prior to that, he served as CFO for Kings, Inc., a wholly owned subsidiary of Associated British Foods, plc.

Blucora, Inc. [IRVING, Texas] (NASDAQ: BCOR) announced that Davinder Athwal has been named Chief Financial Officer. Athwal succeeds Eric Emans who has been serving in a consulting role with Blucora since stepping down as CFO in late 2017. Emans will remain in his current consulting role through May 31, 2018 to assist with the transition. Athwal most recently served as Vice President and Chief Financial Officer of UGI International. He was previously UGI Corporation’s Chief Accounting Officer and Chief Risk Officer.  Prior to his roles with UGI, he was the global mergers and acquisitions controller for Nortel Networks and before that worked in various corporate finance roles at IBM Corporation. He began his career with PricewaterhouseCoopers.

Information Technology Procurement Sourcing (ITPS) [PITTSBURGH] announced the appointment of P. Daniel Bunner as Executive Vice President and Chief Financial Officer (CFO).

Edgewell Personal Care Company [ST. LOUIS] (NYSE: EPC) announced the appointment of Rod R. Little as chief financial officer (CFO). Little served most recently as CFO with HSN Inc. and, prior to that, Elizabeth Arden Inc. Earlier in his career, he was CFO for Procter & Gamble’s global salon professional division. He will begin March 5, 2018.

KMG [FORT WORTH, Texas] (NYSE: KMG) announced that Marcelino Rodriguez, Vice President and Chief Financial Officer, will resign in the next few weeks to pursue another opportunity. Monte Green, KMG’s Director of Corporate Development, will assume the additional role of CFO on an interim basis. Prior to KMG, Mr. Green was a senior vice president for Imperial Capital. Mr. Green’s prior career included positions at Lehman Brothers and Bank of America.

Julie Swinehart

Retail Properties of America, Inc. [OAK BROOK, Ill.] (NYSE: RPAI) announced that its has promoted Julie M. Swinehart to serve as the Company’s executive vice president, chief financial officer and treasurer. Ms. Swinehart joined RPAI in June 2008 and held the position of senior vice president and chief accounting officer from July 2015 through February 2018. Before assuming her role as chief accounting officer in 2015, Ms. Swinehart served as the Company’s senior vice president and corporate controller since April 2013 and held various accounting and financial reporting positions since joining the team in 2008. Before joining RPAI, Ms. Swinehart was a manager of external reporting at Equity Office Properties Trust for two years and she spent eight years in public accounting in the audit practices of Arthur Andersen LLP and Deloitte & Touche LLP.

SiFive [SAN MATEO, Calif.] announced the appointment of Shiva Natarajan as chief financial officer. Before joining SiFive, Natarajan was vice president of finance at A10 Networks. Earlier in his career, Natarajan served as vice president, corporate controller, chief accounting officer and interim CFO during his eight years at Applied Micro Circuits Corporation.

Patient Home Monitoring Corp. [CINCINNATI] (TSX-V: PHM) announced it has appointed Hardik Mehta as its new Chief Financial Officer. Mr. Mehta has worked as a finance professional and an investment banker at Silverstone Capital Advisors for nearly ten years.

CFO Moves – week ending February 9, 2018

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CFO Moves this week include:

Heidrick & Struggles Citrix Systems, Inc. Universal Corporation
Walmart Inc. Valero Energy Corporation Cardinal Health
Cardiovascular Systems, Inc. FormFactor, Inc. VictorOps
Airgain, Inc. SandRidge Energy, Inc. City of Hope
Blackboard Inc Cogent Energy Services Southwest Gas Holdings, Inc.
Perion Network Ltd. Broward Health Central Logic
Celmatix Liquidia Technologies, Inc. Omni-ID
Mutualink, Inc Micron Technology, Inc. Heritage Insurance Holdings, Inc.
Corizon Health iboss Slack
Mercury Systems, Inc. T2 Biosystems, Inc. Guess & Co. Corporation

Would you like to receive our weekly CFO Moves directly in your email? Click the SIGN ME UP! button on the right of the blog page.

Should you have any CFO Moves to report, please email us.

NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Mark Harris

Heidrick & Struggles [CHICAGO] (NASDAQ: HSII) announced that Mark R. Harris joins the firm and will succeed Richard W. Pehlke as Chief Financial Officer when Pehlke retires. Harris had been CFO at Hercules Capital. Formerly, Harris was the Senior Managing Director/Head of Asia, Chief Financial Officer and Head of Asset Management of Avenue Capital Group’s Asia funds. Earlier he had been Corporate Financial Controller at Hutchison Telecom. Previously, he had been Vice President – Finance as well as General Manager for both the Financial Shared Services and Human Resources Solutions lines of business at Vsource in Singapore.

Citrix Systems, Inc. [FORT LAUDERDALE, Fla.] (NASDQ: CTXS) announced that Andrew “Drew” Del Matto has been appointed executive vice president and Chief Financial Officer. He will succeed Mark Coyle, who has served as Citrix’s Interim CFO since July 2017. Andrew joins Citrix from Fortinet, where he has been CFO since 2014. He also served as Symantec’s corporate treasurer and vice president of finance business operations. Prior to Symantec, he held senior finance leadership roles with Inktomi Corporation and SGI Corporation.

Universal Corporation [RICHMOND, Va.] (NYSE: UVV) announced that David C. Moore, Senior Vice President and Chief Financial Officer of the company, plans to retire. The Board of Directors has named Johan C. Kroner, currently Senior Vice President, to succeed Mr. Moore as Chief Financial Officer. Mr. Kroner has been with the Company since 1993 and has served in numerous positions of increasing responsibilities in finance and operations, including overseas assignments in England and Italy.

Sarah Friar

Walmart Inc. [BENTONVILLE, Ark.] (NYSE: WMT) announced that it has appointed Sarah Friar, chief financial officer of Square, Inc., as a new independent director to the company’s board. Since July 2012, Friar, 45, has served as CFO of Square, Inc. Prior to that, she served as the Senior Vice President of Finance & Strategy at Salesforce. From July 2000 to April 2011, Friar served in various positions at investment banking company The Goldman Sachs Group, Inc., including Managing Director in the Equity Research Division. Friar currently serves as a member of the board of directors of computer software company Slack, and at New Relic, Inc.

Valero Energy Corporation [SAN ANTONIO] (NYSE: VLO) announced that Michael Ciskowski has decided to retire as the Company’s Executive Vice President and Chief Financial Officer. Valero has appointed Donna Titzman, currently Senior Vice President and Treasurer, as Executive Vice President and Chief Financial Officer. Ms. Titzman was elected as Senior Vice President and Treasurer of Valero in 2013.  Ms. Titzman joined Valero in 1986. She held various leadership positions before being elected as Assistant Treasurer in 1997, Treasurer in 1998, and Vice President and Treasurer in 2001. She has also served as a Director and as the Chief Financial Officer of Valero Energy Partners since September 2013.

Akhil Johri

Cardinal Health [DUBLIN, Ohio] (NYSE: CAH) announced that its board of directors has elected Akhil Johri, Executive Vice President and Chief Financial Officer of United Technologies, to the Cardinal Health board. In addition, Johri has been named to the board’s Audit Committee. Akhil Johri has served as Executive Vice President and Chief Financial Officer of United Technologies since January 1, 2015. Johri returned to United Technologies after serving as Chief Financial Officer for Pall Corporation. Prior to joining Pall Corporation, Johri spent 26 years at United Technologies in various executive positions of increasing responsibility. His most recent role was Vice President of Finance and Chief Financial Officer for UTC Propulsion & Aerospace Systems. Before that, he led UTC’s Investor Relations and Financial Planning & Analysis groups. Johri also had senior financial roles at UTC Fire & Security, and Carrier Corporation, including 12 years in the Asia Pacific region.

Cardiovascular Systems, Inc. [ST. PAUL, Minn.] (NASDAQ: CSII) announced that Jeff Points was named Chief Financial Officer. Points succeeds Larry Betterley as CFO. Prior to CSI, he served as Assistant Controller at Empi. Points also held various leadership positions at CliftonLarsonAllen.

FormFactor, Inc. [LIVERMORE, Calif.] (NADAQ: FORM) announced that its Chief Financial Officer, Michael Ludwig, has notified the company of his plans to retire.

Jim Lejeal

VictorOps [BOULDER, CO] announced the appointment of Jim Lejeal as chief financial officer. Prior to joining VictorOps, Jim served as CFO at Sphero, Inc. His other roles include CFO at Rally Software Development Corp; co-founder and CFO at Raindance Communications Inc.; corporate vice president of finance at ConferTech International; and advisor at Techstars Central LLC.

Airgain, Inc. [SAN DIEGO] (NASDAQ: AIRG) announced the appointment of Anil Doradla as Chief Financial Officer. Doradla will succeed Leo Johnson, who will remain at Airgain as principal financial officer and principal accounting officer. Prior to Airgain, Doradla served as an Equity Research Analyst at William Blair & Company. He also previously worked with the equity research groups at Deutsche Bank and Caris & Company. Prior to working on Wall Street, he held a variety of strategic and engineering roles at SBC Labs and LCC International, Inc.

SandRidge Energy, Inc. [OKLAHOMA CITY] (NYSE: SD) announced that Julian Bott, the Company’s Chief Financial Officer, will depart from the Company. Mike Johnson, the Company’s Chief Accounting Officer, has agreed to serve as Interim Chief Financial Officer.

City of Hope [DUARTE, Calif.] announced the appointment Jennifer Parkhurst as the new chief financial officer. Most recently, Parkhurst served as a partner with PricewaterhouseCoopers (PwC) in San Francisco. Before joining PwC, Parkhurst was a partner at PRTM Management Consultants in Mountain View, California, and held several management roles at Eli Lilly.

(PRNewsfoto/Blackboard Inc.)

Blackboard Inc. [WASHINGTON] announced the appointment of Rick Essex as Chief Financial Officer. Rick joins Blackboard from Survey Sampling International (SSI), where he served as CFO since 2012. Prior to joining SSI, Rick served as a Principal at Providence Equity Partners. Earlier, he held a variety of roles in private equity, investment banking and public accounting with BCI Partners, Dillon Read & Co (now UBS) and Arthur Andersen.

Cogent Energy Services [HOUSTON] announced David Gutierrez as its chief financial officer.

Southwest Gas Holdings, Inc. [LAS VEGAS] (NYSE: SWX) announced that Roy Centrella, Senior Vice President/Chief Financial Officer, has announced his retirement from the company and its subsidiaries. Centrella began his career with Southwest Gas Corporation in 1983, has been Southwest’s Chief Financial Officer since August 2010, and became the Company’s Chief Financial Officer in connection with our holding company reorganization in January 2017. The Company announced that Gregory Peterson will assume the duties of the Company’s principal financial officer and be promoted to Senior Vice President/Chief Financial Officer of both the Company and Southwest. Peterson began his career with Southwest in 1993, has been Southwest’s Vice President/Controller and Chief Accounting Officer since August 2010, and became the Company’s Vice President/Controller and Chief Accounting Officer in January 2017.

Perion Network Ltd. [TEL AVIV & NEW YORK] (NASDAQ: PERI) announced that Ophir Yakovian has tendered his resignation as Perion’s Chief Financial Officer to pursue new professional business opportunities. Maoz Sigron, Perion’s Vice President of Finance and a senior finance executive has been appointed as Perion’s CFO. Mr. Sigron has served in various finance leadership and senior accounting, in positions at Tnuva Dairy Corporation as well as Allot Communications and Stratasys Ltd. Earlier in his career he served as a CPA with PwC.

Paul C. Schwarzkopf

Broward Health [FORT LAUDERDALE, Fla.] has brought on Paul C. Schwarzkopf to assume the role of chief financial officer at Broward Health Medical Center. Schwarzkopf comes to Broward Health from Tenet Healthcare where he most recently served as senior director of regional finance for its Coastal Division. He began at Tenet in 1991 as CFO of the West Boca Medical Center and has also been director of regional finance for Florida. Prior to that, he was with Universal Health Services as controller of Wellington Regional Medical Center and held various positions at HCA Healthcare.

Central Logic [SANDY, Utah] announced that Brian Lanier has joined the company’s senior leadership team. Prior to National MedTrans Network, Lanier served in financial roles at AutoPoint, Service Repair Solutions, American Residential Services, and Ernst & Young.

Celmatix [NEW YORK] announced that Richard Hofbauer has joined its executive team in the role of Chief Operating Officer (COO) and interim Chief Financial Officer (CFO). Prior to Celmatix, Hofbauer was COO at Intersection, Inc., having previously served as a Partner at Control Group. Before that, he was the first employee hired at MortgageIT Holdings (MHL).

Kevin Gordon

Liquidia Technologies, Inc. [RESEARCH TRIANGLE PARK, N.C.] announced the appointment of Kevin Gordon as President and Chief Financial Officer. Most recently, Mr. Gordon served as the Executive Vice President and Chief Operating Officer of Quintiles Transnational Holdings Inc. Prior to that, he served as Executive Vice President and CFO at Quintiles from 2010 to 2015. Before joining Quintiles, Mr. Gordon was Executive Vice President and CFO at Teleflex Incorporated. Mr. Gordon held various management positions with Teleflex, Package Machinery Company and KPMG. He currently serves on the board of Veracyte, Inc.

Omni-ID [ROCHESTER, N.Y.] announced that James Dole has recently retired as the company’s Chief Financial Officer and has been replaced by Mag Saba. Mag Saba joins Omni-ID from American Aerogel Corporation, where he was the Chief Financial Officer. He has held several executive roles at Bausch & Lomb Inc, including CFO positions for their Asia-Pacific, and “America’s” Divisions.

Mutualink, Inc. [WALLINGFORD, Conn.] announced Bill Leimkuhler as Chief Financial Officer. Bill joined Mutualink in November 2017 with over 30 years of experience.

David Zinsner

Micron Technology, Inc. [BOISE, Idaho] (NASDAQ: MU) announced that the company has appointed David Zinsner as senior vice president and chief financial officer. Zinsner succeeds Ernie Maddock, who is retiring from Micron. Zinsner most recently served as president and chief operating officer at Affirmed Networks. Prior to that, Zinsner was senior vice president of finance and chief financial officer for eight years at Analog Devices, and before that, he was senior vice president and chief financial officer for four years at Intersil Corp.

Heritage Insurance Holdings, Inc. [CLEARWATER, Fla.] (NYSE: HRTG) announced that it has appointed Kirk H. Lusk as its Chief Financial Officer. Mr. Lusk will serve as co-Chief Financial Officer with Steven Martindale, the Company’s current Chief Financial Officer. Mr. Martindale’s contract expires on April 28, 2018, and he intends to pursue financial consulting opportunities. Mr. Martindale has agreed to remain involved with the Company and has been appointed to the Company’s Board of Directors. Mr. Lusk joined the Heritage team on November 30, 2017, when the Company acquired NBIC Holdings, Inc. Mr. Lusk served as Chief Financial Officer for NBIC since January 2013. Prior to NBIC, Mr. Lusk served as International Chief Financial Officer of Aetna, Inc., Chief Financial Officer of Alea Group Holdings Bermuda Ltd., and Chief Financial Officer of GE Employers Reinsurance Corporation Global Casualty and GE Capital Auto Warranty Services.

Shalin Shah

Corizon Health [BRENTWOOD, Tenn.] announced Shalin Shah has joined the company as Chief Financial Officer. Shah was most recently the CFO of two prominent St. Thomas Health medical centers – Midtown and West.

iboss [BOSTON] announced that it has hired Christian G. Kasper as Chief Operating Officer and Chief Financial Officer. Prior to joining iboss, Kasper was President and CEO of Harvest Power, Inc. He has also served as CFO of several companies, including The Princeton Review, Inc.

Allen Shim

Slack [SAN FRANCISCO] announced the company is naming long-time employee Allen Shim as the company’s first CFO.

Mercury Systems, Inc. [ANDOVER, Mass.] (NASDAQ: MRCY) announced that Michael D. Ruppert, Mercury’s Executive Vice President, Strategy & Corporate Development, has been named Chief Financial Officer and Treasurer. Mr. Ruppert succeeds Gerald D. Haines, who assumed the role of Mercury’s Chief Financial Officer and Treasurer in 2014 after having joined the company in 2010 as head of Corporate Development. Mr. Ruppert joined Mercury in 2014 as Senior Vice President, Strategy and Corporate Development.

T2 Biosystems, Inc. [LEXINGTON, Mass.] (NASDAQ: TTOO) announced that John Sprague has been named chief financial officer. He replaces Darlene Deptula-Hicks, who is retiring to pursue other opportunities. Mr. Sprague was most recently the chief financial officer at Caliber Imaging & Diagnostics, Inc. Prior to Caliber Imaging & Diagnostics, Mr. John Sprague spent six years working in several financial positions at GE Healthcare, most recently being the chief financial officer of the US & Canada Core Imaging Division, GE Healthcare’s pharmaceutical business supplying contrast, Spect and PET imaging agents to heath care providers. Mr. John Sprague originally came to GE Healthcare through a merger with Xcellerex, Inc. where he was the chief financial officer.

Kenneth Vanden Berg

Guess & Co. Corporation [Durham, North Carolina] announced that Kenneth Vanden Berg has been named Senior Executive Vice-President and Chief Financial Officer. Prior to joining Guess & Co. Corporation, Mr. Vanden Berg was Senior Vice-President of Finance for an international manufacturer and distributor of cosmetics and nutritional products with locations in China, Hong Kong, United Kingdom, Mexico, Canada, Spain and Australia. Mr. Vanden Berg began his career at Arthur Andersen, where he was a Senior Audit Manager for 15 years.

CFO Moves – week ending November 10, 2017

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CFO Moves this week include:

Perry Ellis International, Inc. Comerica Incorporated Zenefits
The E.W. Scripps Company LendUp Stream
B&G Foods, Inc. Cboe Global Markets, Inc. True Talent Advisory
Laureate Education, Inc. ProtectWise Range Resources Corporation
VICI Properties Inc. Equity Prime Mortgage Qualtrics
Aquilon Energy Services Profit Recovery Partners, LLC G1 Therapeutics, Inc.
Regal Beloit Corporation Northeast Bancorp Upwork
North American Risk Services, Inc. Tyson Foods, Inc. AAC Holdings, Inc.
Constellis Zoom Video Communications Spectra7 Microsystems Inc.

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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Perry Ellis International, Inc. [MIAMI] (NASDAQ: PERY) announced the appointment of Jorge Narino as Interim Chief Financial Officer. Mr. Narino is being elevated to the CFO role on an interim basis after serving Perry Ellis for 13 years, including in his current role as Senior Vice President of SEC Financial Reporting.  Prior to joining the Company, Mr. Narino, who has over 25 years of financial management experience, spent 12 years in public accounting. Mr. Narino is succeeding David Rattner, who will be leaving the Company, effective immediately, to pursue other opportunities.

Muneera Carr

Comerica Incorporated [DALLAS] (NYSE: CMA) announced that Executive Vice President and Chief Accounting Officer Muneera S. Carr will be named chief financial officer. Carr will succeed David E. Duprey, executive vice president and chief financial officer, who plans to retire, after a 35-year tenure in the financial services industry. Carr joined Comerica in February 2010 as chief accounting officer and controller and her responsibilities have expanded to include tax, planning and forecasting, and management information systems. In addition, she worked on various financial aspects of Comerica’s Growth in Efficiency and Revenue Initiative (GEAR Up) when the project launched in 2016. Prior to Comerica, Carr held leadership positions at SunTrust Banks, Inc., and Bank of America, in addition to various roles of increasing responsibility at PricewaterhouseCoopers LLP. She also was selected to serve as a Professional Accounting Fellow at the Securities and Exchange Commission.

Zenefits [SAN FRANCISCO] announced the appointment of Shaun Wiley as the company’s chief financial officer. Prior to joining Zenefits, Wiley served as CFO of CoreHR, and as CFO at Torrent Technologies. Wiley spent twelve years in the executive offices at Microsoft. Wiley began his career at Deutsche Bank Capital Markets.

The E.W. Scripps Company [CINCINNATI] (NYSE: SSP) has appointed its chief strategy officer, Lisa Knutson, as executive vice president and chief financial officer. Knutson has been serving as interim CFO since the departure of Tim Wesolowski in early October. Prior to coming to Scripps in 2005, Lisa had worked most of her career at Fifth Third Bank and at Arthur Anderson.

Bill Donnelly

LendUp [San Francisco] announced that Bill Donnelly, former VP of Global Financial Services for Tesla, has joined as its first CFO. Donnelly spent the last four years with Tesla as VP of Global Financial Services. He also served as President of Tesla’s captive finance company, Tesla Finance LLC. Donnelly previously spent a decade with BMW, as CFO and then President of its industrial bank. In addition, Donnelly’s background includes more than 15 years with the credit card, installment loan, and automotive finance divisions of JPMorgan Chase. He was also President and CEO of retail card issuer First Electronic Bank.

Stream [DALLAS] announced the addition of David Faranetta as Executive Vice President and Chief Financial Officer. Previously, Faranetta served as CFO of TXU Energy and electricity generator and wholesaler Luminant. He comes to Stream after serving as Senior Vice President of Planning and Treasury at Dallas-based Vistra Energy.

B&G Foods, Inc. [PARSIPPANY, N.J.] (NYSE: BGS) announced that it is appointing Executive Vice President of Corporate Strategy and Business Development, Bruce C. Wacha, to Executive Vice President of Finance and Chief Financial Officer. Mr. Wacha joined B&G Foods from Amira Nature Foods Ltd. (NYSE: ANFI), where he spent three years as that company’s chief financial officer and executive director of the board of directors. Prior to joining Amira Nature Foods, Mr. Wacha spent more than 15 years at Deutsche Bank Securities, Merrill Lynch and Prudential Securities.

Cboe Global Markets, Inc. [CHICAGO] (NASDAQ: CBOE) announced the planned retirement of its Executive Vice President, Chief Financial Officer (CFO) and Treasurer, Alan Dean, after 38 years of service to the company. Cboe plans to promote Brian Schell, currently Deputy CFO, to Executive Vice President, Chief Financial Officer (CFO) and Treasurer. Dean joined Cboe in 1979 and has served in his current capacity since 1988. Schell joined Cboe as part of the company’s acquisition of Bats Global Markets (Bats) earlier this year. He joined Bats as Senior Vice President and Chief Financial Officer in 2011.

True Talent Advisory [PHILADELPHIA] announced that Korhan Kivanc has joined the firm as its Chief Financial Officer. Korhan previously spent eight years at Heidrick & Struggles, first as the CFO of the Americas division, then as the Global Senior VP of Finance. He most recently served as CFO at The Chartis Group.

Laureate Education, Inc. [BALTIMORE] (NASDAQ: LAUR) announced the appointment of Jean-Jacques Charhon as its new Executive Vice President for Finance and Chief Financial Officer (CFO). Charhon spent eight years with General Electric (GE) in senior financial positions, culminating in his role as CFO of GE Healthcare for the Americas. He was Hewlett Packard’s CFO of Personal Systems, and then COO of its Enterprise Services division. He worked with Novartis with responsibilities as CFO for Consumer Health and as head of financial planning and analysis, and investor relations. Most recently, Charhon was CFO at Purdue Pharma.

ProtectWise [DENVER] announced Adam Cecil has joined the company as Chief Financial Officer (CFO). Most recently, Adam was CFO of CommercialTribe. Prior to that, Cecil was CFO at AlchemyAI.

Range Resources Corporation [FORT WORTH, TEXAS] (NYSE: RRC) announced that Roger S. Manny, the Company’s Chief Financial Officer plans to retire. On that same date, the Company plans to appoint Mark S. Scucchi, currently Vice President – Finance & Treasurer to the position of Senior Vice President – Chief Financial Officer. Mark Scucchi joined Range in 2008. Prior to joining Range, he worked for JPMorgan Securities Inc. Prior to JPMorgan, Mark spent a number of years at Ernst & Young LLP.

VICI Properties Inc. [LAS VEGAS] (OTC: VICI) announced that David Kieske will join the Company as Special Advisor to Ed Pitoniak, Chief Executive Officer. Subject to obtaining customary regulatory approvals, the Company plans for Mr. Kieske to become Executive Vice President and Chief Financial Officer. He will succeed Mary Beth Higgins. Mr. Kieske joins VICI from Wells Fargo Securities / Eastdil Secured where he most recently served as Managing Director in the Real Estate & Lodging Investment Banking Group. Prior to Eastdil, he worked in the Real Estate & Lodging Investment Banking Groups at both Citigroup and Bank of America. Early in his career, he was a senior accountant at Deloitte & Touche and Assistant Vice President & Corporate Controller at TriNet Corporate Realty Trust.

Equity Prime Mortgage [ATLANTA] announced their new Chief Financial Officer, Paul Thomas. He joins us from Westrock Company where he served as Director of Finance. Thomas has worked with companies like Haverty’s Furniture and Church’s Chicken in senior financial leadership roles.

David Faugno

Qualtrics [SALT LAKE CITY and SEATTLE] announced the appointment of veteran financial leader David Faugno as Chief Financial Officer. Faugno served as CFO for over 10 years at Barracuda Networks. In addition to his experience at Barracuda Networks, Faugno served as Senior Director of Corporate Finance – M&A at Cisco Systems, was CFO for Actona Technologies and spent 8 years at AT&T, including as CFO of the EMEA region. In 2013, he was awarded Silicon Valley Business Journal’s CFO of the Year.

Jillian Sheehan

Aquilon Energy Services [LISLE, Ill.] hired Jillian Sheehan as its chief financial officer. Sheehan previously served as CFO of Textura Corporation. She also served as CFO of Raise Marketplace, Inc.

Profit Recovery Partners, LLC [COSTA MESA, Calif.] announced that it has named Paul J. Bottiaux the firm’s Chief Financial Officer. Before joining PRP, he served as Vice President of Finance and CFO for Panasonic Avionics Corporation.

G1 Therapeutics, Inc. [RESEARCH TRIANGLE PARK, N.C.] (NASDAQ: GTHX) announced that Barclay (Buck) Phillips is joining the Company as Chief Financial Officer and Senior Vice President, Corporate Development. In his most recent role, Mr. Phillips served as Senior Vice President, Chief Financial Officer and Treasurer of Novavax, Inc.

Rob Rehard

Regal Beloit Corporation [BELOIT, Wis.] (NYSE: RBC) announced that Charles A. (Chuck) Hinrichs, Vice President and Chief Financial Officer, will retire. Mr. Hinrichs has served as Regal’s Chief Financial Officer since September 2010. The Company also announced that its Board of Directors appointed Robert J. (Rob) Rehard as the new Vice President and Chief Financial Officer. Mr. Rehard, joined Regal in January 2015 as Vice President, Corporate Controller and Principal Accounting Officer. In January 2017, Mr. Rehard was appointed Vice President, Financial Planning & Analysis. Over the last 20 years Mr. Rehard has held leadership roles in the areas of operations accounting, corporate accounting and financial planning & analysis.  Prior to joining Regal, he served in various roles of increasing responsibility with Eaton Corporation, Cooper Industries, Masco Corporation, Emerson Electric and Deloitte & Touche.

Northeast Bancorp [LEWISTON, Maine] (NASDAQ: NBN) announced that J.P. Lapointe has been appointed as the Company’s Chief Financial Officer and Treasurer. Mr. Lapointe will succeed Interim Chief Financial Officer Brian Pinheiro, who will retain his responsibilities as the Company’s Chief Risk Officer. Mr. Lapointe joins the Company directly from Wolf & Company, P.C. where he worked since 2004.

Brian Kinion

Upwork [MOUNTAIN VIEW, Calif.] announced that Brian Kinion has joined the company as Chief Financial Officer. Most recently, Kinion spent time at Marketo as their CFO. Kinion is currently a member of the Board of Directors and serves as the Audit Committee Chair at Marin Software, Inc. Prior to Marketo, Kinion held finance leadership roles at SuccessFactors, CoTherix, Inc., and DigitalThink, among others.

North American Risk Services, Inc. [ORLANDO, Fla.] has hired Andrew Charrette as its new Chief Financial Officer. Andrew began his career in the environmental industry as a Field Cost Accountant. He then moved into the insurance industry, quickly moving up the ranks from a Junior Auditor to the Assistant Vice President of Finance at AmTrust North America.

Tyson Foods, Inc. [SPRINGDALE, Ark.] (NYSE: TSN) announced that Stewart F. Glendinning has been appointed Chief Financial Officer. He replaces Dennis Leatherby, who has served Tyson Foods as Chief Financial Officer since 2008. Glendinning joins Tyson Foods from Molson Coors Brewing Company, where he served as President & CEO, International. He began his career at Molson Coors in 2005 as Chief Financial Officer, UK and subsequently held the positions of Global Chief Financial Officer, President & CEO, UK and President & CEO, Canada. Prior to that, Glendinning served in senior financial positions with The Hackett Group and KPMG.

AAC Holdings, Inc. [BRENTWOOD, Tenn.] (NYSE: AAC) announced that Kirk R. Manz, the company’s Chief Financial Officer, will resign as Chief Financial Officer. Mr. Manz has served as the company’s Chief Financial Officer since joining AAC in January 2012, after serving the company as an independent consultant in 2011. Andrew McWilliams, who currently serves as the company’s Chief Accounting Officer, will be appointed Chief Financial Officer immediately following Manz’s departure. After over a 15-year career with Ernst & Young LLP, Mr. McWilliams joined AAC in August 2014.

Constellis [RESTON, Va.] announced that Deborah Ricci has been appointed as its chief financial officer.  Debbie succeeds Barry Broadus in the CFO role. Prior to her promotion to CFO, Debbie has served as the SVP of Finance and Accounting at Constellis since April 2017, which she joined upon the completion of the acquisition of Centerra Group. Previously, Debbie had served as the CFO of Centerra Group since November 2015. Prior to her CFO role at Centerra, Debbie was the CFO of a leading counterterrorism firm from 2010 to 2015.

Zoom Video Communications [SAN JOSE, CA] announced that it has appointed Kelly Steckelberg as Chief Financial Officer (CFO). Most recently, Steckelberg was CEO of Zoosk, where she previously held positions of CFO and COO. Prior to Zoosk, Steckelberg was the Sr. Director of Consumer Segment Finance of Cisco. Steckelberg has also held various roles in finance at Cisco WebEx, Epiphany, PeopleSoft, and KPMG.

Spectra7 Microsystems Inc. [SAN JOSE, CALIFORNIA] (TSX: SEV) announced that Darren Ma has assumed the Company’s CFO role. Mr. Ma is taking over from David Mier, who is retiring from the Company. Mr. Ma brings over 15 years of finance experience from several semiconductor bellwethers, including Intel and Semtech. His most recent role was CFO of GigPeak.

CFO Moves – week ending April 21, 2017

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CFO Moves this week include:

Red Hat, Inc. Sears Holdings Corporation The ONE Group Hospitality, Inc.
Gogo Birch Communications, Inc Hilco
USA Truck Inc. Devon Energy Corp. Marketo, Inc.
Aries Clean Energy Dash Financial Technologies Hyperdynamics Corporation
First Capital Real Estate Trust Incorporated CampusLogic AAR Corp.
AP Gas & Electric Banker’s Toolbox Pressure BioSciences, Inc.
Powin Energy Corporation Synergy Pharmaceuticals Inc. Growth Acceleration Partners
Q2 Holdings, Inc. HALO Maritime Defense Systems United Community Banks, Inc.
Green Bancorp, Inc. HAVERTYS BioScrip, Inc.
Onit, Inc Royal Financial, Inc. Meridian Waste Solutions, Inc.
VAALCO Energy, Inc. CareDx, Inc. Sorenson Media
Freedom Leaf, Inc.

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NOTE: CFO Search Report available monthly to CFOs only. Read more here.

CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at samuel@dergelcfo.com or by phone at +1 (415) 738-2070.

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Eric Shander

Red Hat, Inc. [RALEIGH, N.C.] (NYSE: RHT) announced that Eric Shander has been named the company’s executive vice president and chief financial officer. Shander most recently served as Red Hat’s acting CFO, and vice president and chief accounting officer. Shander joined Red Hat in 2015. Shander came to Red Hat with more than 25 years of business, accounting, and financial experience at global software and technology companies, including at IBM and Lenovo. At IBM, Shander held several key roles in the company’s finance and operations organizations, including serving as the company’s vice president of Americas IT infrastructure delivery from 2011-2015. Prior to that, he ran IBM’s Finance and Accounting Global Process Services division from 2008-2011. Shander rejoined IBM in 2008 from Lenovo, where he was the company’s vice president and chief accountant. At Lenovo, he led the formation of the global CFO function immediately after the company acquired IBM’s PC business in 2005. Prior to Lenovo, Shander spent nearly 15 years at IBM, where he held a variety of finance and accounting roles.

Sears Holdings Corporation [HOFFMAN ESTATES, Ill.] (NASDAQ: SHLD) announced that Rob Riecker, currently Controller and Head of Capital Market Activities, has been appointed Chief Financial Officer of Sears Holdings. Mr. Riecker joined the Company in 2005 as Assistant Controller and served in various senior positions within the Company’s Finance organization. Mr. Riecker succeeds Jason Hollar, who has resigned from Sears Holdings to pursue another career opportunity.

The ONE Group Hospitality, Inc. [NEW YORK] (NASDAQ: STKS) announced that Samuel (Sam) Goldfinger, Chief Financial Officer (CFO), will be leaving the Company to pursue other opportunities.

Barry Rowan

Gogo [CHICAGO] (NASDAQ: GOGO) announced that Barry Rowan will join the company as an Executive Vice President and will assume the position of Chief Financial Officer (CFO). Rowan joins Gogo from Cool Planet, where he had served as Chief Financial Officer since 2013. Prior to Cool Planet, he served as EVP, CFO and Chief Administrative Officer for Vonage Corporation. Before joining Vonage, Rowan was EVP and CFO of Nextel Partners. Rowan began his career at Hewlett-Packard and held senior leadership positions at Comlinear Corporation and Fluke Corporation.

Birch Communications, Inc. [ATLANTA] announced the appointment of Kevin Dotts as Executive Vice President and Chief Financial Officer. Before joining Birch, Kevin served as Chief Financial Officer of Internap. Before Internap, Kevin was Executive Vice President and Chief Financial Officer at Culligan International in Chicago and EarthLink in Atlanta.  Kevin started his career with financial leadership roles in various domestic and international divisions of GE.

Paul Feehan

Hilco Global [NORTHBROOK, Ill.] announced the appointment of Paul Feehan as Chief Financial Officer at the international financial services holding company. Mr. Feehan will be taking over this role from John Chen, who has been managing these duties in addition to his current responsibilities as Chief Operating Officer which he will continue. Feehan has built an impressive career in financial services at GE Capital since joining in 1987, most recently having served as the Chief Credit Officer for its Corporate Finance unit.

USA Truck Inc. [VAN BUREN, Ark.] (NASDAQ: USAK) announced that Jason Bates has joined its leadership team as Executive Vice President and Chief Financial Officer. Mr. Bates joins USA Truck from Swift Transportation Company, where he had served as Vice President of Finance, Revenue Services and Investor Relations Officer since 2010. Prior to his most recent role at Swift, Mr. Bates served as the company’s Vice President and Assistant Treasurer. Mr. Bates started at Swift in 2003 and previously served in financial leadership roles. Prior to Swift, he served in a variety of finance and accounting leadership roles for Honeywell International.

Devon Energy Corp. [OKLAHOMA CITY] (NYSE: DVN) announced that the company’s board of directors has elected Jeff Ritenour, most recently Devon’s senior vice president of corporate finance, investor relations and treasurer, to the position of executive vice president and chief financial officer. Ritenour has been with Devon since 2001 and has served in his most recent role since 2016. In his 16 years with the company, he has served in numerous leadership positions and in various financial and commercial roles, including senior vice president of investor relations and vice president of acquisitions and divestitures. Before joining Devon, Ritenour was affiliated with Ernst & Young in Dallas, Texas.

Marketo, Inc. [SAN MATEO, Calif.] announced that Mark Miller is joining the company as chief financial officer (CFO). In addition, Marketo’s current CFO Brian Kinion has decided to leave Marketo to pursue other opportunities. Miller brings with him more than 20 years of experience as a finance leader at technology companies, most recently as CFO of ACTIVE Network. Prior to ACTIVE, Miller held the position of executive vice president and CFO of LHP Hospital Group, Inc., and EVP and CFO of Sabre Holdings. During his 10 years with Sabre, he also served as the company’s controller. Miller was previously CFO and vice president of finance at GetThere, which is part of Sabre Travel Network.

Aries Clean Energy [NASHVILLE, Tenn.] announced that Mark N. Witt has joined the executive management team as Chief Financial Officer. Witt has specialized for the 10 years in helping formulate financing and growth solutions for multiple companies as founder and president of Commercial Energy Services in Houston, TX. Prior experience includes financial management positions at British Petroleum, Goldman Sachs, and KPMG.

Dash Financial Technologies [NEW YORK] announced the appointment of Ari House as Chief Financial Officer. Mr. House joins Dash from The Association of Certified Anti-Money Laundering Specialists (ACAMS), where he served as Chief Financial & Corporate Development Officer. Prior to that, Mr. House served as Director of Financial Planning & Analysis / Corporate Development for Fortent. He began his career in Salomon Smith Barney’s corporate finance division.

Hyperdynamics Corporation [HOUSTON] (OTCQX: HDYN) announced that Sergey Alexeev has been promoted to Senior Vice President and Chief Financial Officer of the Company. Mr. Alexeev joined Hyperdynamics in September 2016 as Vice President-Commercial Development on a consulting basis. Prior to joining Hyperdynamics last year, Mr. Alexeev was Chief Operating Officer for Soyuzneftegaz, and earlier was Chief Financial Officer and First Vice President for Rosneft. Earlier, he held executive positions with ABN AMRO Bank and Coopers & Lybrand, both in Moscow.

First Capital Real Estate Trust Incorporated [NEW YORK] announced that Stephen M. Johnson has joined First Capital as Chief Financial Officer. Mr. Johnson joins First Capital from DRW Holdings LLC, where he served as Head of Equity Volatility Trading Asia. Prior to joining DRW, Mr. Johnson served as a Senior Portfolio Manager at Ronin Trading LLC, from February 2014 until March 2015 and at Marquette Partners L.P., between January 2012 and February 2014. From April 2007 to January 2013, Mr. Johnson served as Chief Financial Officer and Managing Partner at Hun Management LLC.

CampusLogic [PHOENIX, AZ] announced the addition of Colleen Shannon as Chief Financial Officer. Most recently she was CFO of Remarkable Health. She began her career as an auditor with Ernst & Young.

AAR Corp. [WOOD DALE, Ill.] (NYSE: AIR) announced that long-time Chief Financial Officer and Vice Chairman Timothy J. Romenesko will be retiring. Romenesko joined AAR in 1981 and performed various financial roles for several AAR operating units before being named Corporate Controller in 1991 and serving as CFO and Treasurer from 1994 to 2006. From 2007 to 2015, he was AAR’s President and Chief Operating Officer. Before returning to the role of CFO in 2016, Romenesko was Vice Chairman and Chief Operating Officer of the Expeditionary Services segment.

AP Gas & Electric [HOUSTON] announced that John Williamson has been appointed Chief Financial Officer. Prior to joining APG&E, Williamson spent 10 years at Direct Energy in various roles including CFO of Direct Energy Residential, CFO of Direct Energy Business, and Group Head of Accounting and Reporting in London.

Banker’s Toolbox, Inc. [AUSTIN, Texas] announced the appointment of Ashley Womack as Chief Financial Officer. Most recently, Ms. Womack served as a Senior Director in the Private Equity Performance Improvement group at Alvarez & Marsal.

Pressure BioSciences, Inc. [SOUTH EASTON, MA] (OTCQB: PBIO) announced that Joseph L. Damasio Jr. joined the Company as its Vice President of Finance and Chief Financial Officer. Mr. Damasio has over 20 years of experience, most recently as Finance Director at Nelipak Packaging. Before joining Nelipak, Mr. Damasio held various financial positions at CP Bourg, IQE KC, and Kopin Corporation. Prior to Kopin, Mr. Damasio was employed by Pressure BioSciences, Inc., first as Accounting Manager (2007), then as Controller (2008), and finally as Vice President of Finance and Administration (2011). Prior to joining PBI, Mr. Damasio was a senior accountant at BearingPoint, Inc. (formerly KPMG Consulting) and an auditor at PriceWaterhouseCoopers, LLP. Mr. Damasio began his financial career with NEN Life Science Products Inc.

Powin Energy Corporation [TUALATIN, OR] (OTCQB: PWON) announced that Craig Eastwood is the newest members of the company’s executive leadership team. Eastwood joined the company in March 2017 and is directing all fiscal functions for the company as chief financial officer. Most recently, Eastwood was the corporate controller at Erickson. He has also held senior financial leadership positions with ESCO, Daimler Trucks, and Pharmaceutical Product Development. He started his career in public accounting with Deloitte.

Gary G. Gemignani

Synergy Pharmaceuticals Inc. [NEW YORK] (NASDAQ: SGYP) announced that Gary G. Gemignani has been appointed as Executive Vice President and Chief Financial Officer. Mr. Gemignani replaces Senior Vice President, Finance, Bernard Denoyer. Most recently Mr. Gemignani served as Chief Executive Officer and Chief Financial Officer of Biodel, Inc. Prior to this role, Mr. Gemignani served in senior and executive financial and operational roles with multiple public and private companies including Coronado Biosciences, Inc., Gentium S.p.A., Novartis Pharmaceutical Corp. and Wyeth. Mr. Gemignani began his career with Arthur Andersen.

Michelle Schwalbach

Growth Acceleration Partners [AUSTIN, TX] has promoted Michelle Schwalbach to Chief Financial Officer. Prior to Growth Acceleration Partners, Michelle was the Controller for Digby, Pinion Software and HotData.

Lynn Atchison

Q2 Holdings, Inc. [AUSTIN, Texas] (NYSE: QTWO) announced the addition of Lynn Atchison, CFO of Spredfast, Inc., to its board of directors. Atchison currently serves as chief financial officer of Spredfast, Inc., which she joined in February 2017. Prior to Spredfast, Atchison served as the chief financial officer of HomeAway, Inc., from August 2006 until March 2016.

HALO Maritime Defense Systems [NEWTON, N.H.] announced that David Tolly has joined as Chief Financial Officer. David Tolly is coming to HALO from Corporate Solutions Group, Inc., where, as CEO, he held leadership roles including CFO, interim CFO, and interim CEO for numerous private equity portfolio companies, as well as provided a wide range of financial advisory and transaction services. Prior to Corporate Solutions Group, Inc., Tolly was COO and managing director at Focus Management Group. Prior to Focus, Tolly was Chief Operating Officer of Fabricated Products Group, and was the CFO for Diam International.

United Community Banks, Inc. [BLAIRSVILLE, Ga.] (NASDAQ: UCBI) announced the appointment of Jefferson L. Harralson as executive vice president and chief financial officer of both the parent company and its banking subsidiary, United Community Bank. He replaces Rex Schuette, who has served in the role of chief financial officer for the past 16 years. Harralson joins United from Keefe, Bruyette and Woods, where he was a managing director. He joined KBW as vice president in 2002, and was charged with rebuilding the firm’s Southeastern Bank Research effort after the events of September 11, 2001.

Green Bancorp, Inc. [Houston, Texas] appointed Terry Earley as Executive Vice President and Chief Financial Officer for Green Bancorp. Mr. Earley served as the Executive Vice President and Chief Financial Officer of Yadkin Financial Corporation (“Yadkin”), from July 2014 until the closing of Yadkin’s merger with F.N.B. Corporation in March 2017. Prior to his employment with Yadkin, Mr. Earley served as Executive Vice President and Chief Financial Officer of VantageSouth Bancshares, Inc. and VantageSouth Bank beginning in February 2012 and March 2012, respectively, each located in Raleigh, North Carolina. Prior to that, Mr. Earley served as President and Chief Executive Officer of Rocky Mountain Bank and Rocky Mountain Capital, located in Jackson, Wyoming, in 2010, and as Chief Financial Officer of Bancorp of the Southeast, LLC, located in Ponte Vedra, Florida, in 2009.  Mr. Earley also served as Chief Financial Officer and Chief Operating Officer of RBC Bank (USA), which he joined in 1992.

HAVERTYS [ATLANTA, GEORGIA] (NYSE: HVT and HVT.A) announced that Richard B. Hare will join the Company as executive vice president and chief financial officer. Prior to joining Havertys, Hare was senior vice president, finance, treasurer and chief financial officer of Carmike Cinemas, Inc. from March 2006 until it was acquired in December 2016. His previous experience includes serving as chief accounting officer and controller for Greenfuels Holding Company, LLC, from August 2002 to March 2006 and as assistant treasurer for SCI Systems, Inc., from October 2000 to June 2002. Hare also served as treasurer and assistant treasurer for Wolverine Tube, Inc., from January 1994 to October 2000. Before that he spent four years in the audit practice at Coopers & Lybrand in Birmingham, Alabama.

BioScrip, Inc. [DENVER] (NASDAQ: BIOS) announced the appointment of Stephen M. Deitsch to the positions of Senior Vice President, Chief Financial Officer and Treasurer. Mr. Deitsch succeeds Jeffrey Kreger, who stepped down from his roles as Senior Vice President, Chief Financial Officer and Treasurer. Mr. Deitsch joins BioScrip with extensive strategic and operational financial leadership experience, including over twelve years in the healthcare industry at Zimmer Biomet, Biomet and Lanx. Mr. Deitsch served as the Chief Financial Officer of the Zimmer Biomet Spine, Bone Healing, and Microfixation business and as Vice President Finance, Biomet Corporate Controller. Mr. Deitsch was the Chief Financial Officer of Lanx from September 2009. From 2002 to 2009, Mr. Deitsch also served in various senior financial leadership roles at Zimmer Holdings, Inc., including Vice President Finance, Reconstructive and Operations, and Vice President Finance, Europe. Most recently, since August of 2015, Mr. Deitsch has served as Executive Vice President, Chief Financial Officer and Corporate Secretary of Coalfire, Inc.

Onit, Inc. [HOUSTON] announced that it appointed York Richards as Chief Financial Officer (CFO). York was most recently serving as CFO at Riversand Technologies, Inc. York managed the development and execution of the Sarbanes-Oxley compliance program for BMC Software. During his career, he held a number of senior financial positions and served as director of finance of NetIQ Corporation, controller at PentaSafe Security Technologies and senior auditor of Price Waterhouse Coopers.

Royal Financial, Inc. [CHICAGO] (OTCQX: RYFL) announced that William M. Morfoot was appointed Senior Vice President and Chief Financial Officer of the Company and Bank. From July 2014 to April 2017, Mr. Morfoot served as Senior Vice President and Chief Accounting Officer for Standard Bank and Trust Company in Hickory Hills, IL. From 2010 to 2014, he served as Senior Vice President, Chief Accounting Officer, and Treasurer of Urban Partnership Bank in Chicago, IL. Previously, from 2007 to 2010, Mr. Morfoot served as Senior Vice President and Chief Financial Officer of ShoreBank in Chicago, IL. Prior to joining ShoreBank, he was an Executive at Crowe Horwath, LLP (“Crowe”).

Christopher C. Diaz

Meridian Waste Solutions, Inc. [MILTON, GA] (NASDAQ: MRDN) named Christopher C. Diaz CFO. Mr. Diaz has nine years of waste industry experience most recently serving as corporate controller for Advanced Disposal Services, Inc. He has also held financial reporting and auditing positions with CSX Transportation and Skinner Nurseries, Inc. Mr. Diaz began his career as an auditor with the national accounting firm McGladrey & Pullen, LLP.

VAALCO Energy, Inc. [HOUSTON] (NYSE: EGY) announced the appointment of Phil Patman, Jr. as Chief Financial Officer. Prior to joining VAALCO, from 2012 to 2016, Mr. Patman served as Senior Vice President of Business Development, The Americas, for Thailand’s National Oil Company PTT Exploration and Production (PTTEP). Mr. Patman also served as Managing Director, Mergers & Acquisitions (Asia) for The AES Corporation from 2010 to 2011. He also served as Principal, Global Infrastructure, for Darby Private Equity, from 2007 to 2010.  Before that, Mr. Patman was Director, Business Development-Asia, for Globeleq Ltd. from 2004 to 2007.  He also served as a Professional Consultant, LNG and Natural Gas, for Marathon Oil from 2002 to 2004. Mr. Patman began his career as a lawyer in private practice in Houston, from 1993 to 1997.

CareDx, Inc. [BRISBANE, Calif.] (NASDAQ: CDNA) announced the appointment of Michael Bell as Chief Financial Officer joining CareDx, and succeeding Charles Constanti. Michael is the former CFO of Metabiota. Previously, he served as the CFO of Singulex, and has held leadership and executive positions within Novartis, including tenure as the CFO of Novartis Diagnostics. Previously, Michael worked in public accounting at Ernst & Young and Deloitte.

Sorenson Media [SALT LAKE CITY, UT] announced Greg Woodward as Chief Financial Officer. Woodward previously served as CFO and COO at Pluralsight. Prior to Pluralsight, Woodward served as CFO of PermaPlate and as SVP in the Portfolio Group of Huntsman Gay Global Capital.

Freedom Leaf, Inc. [LAS VEGAS, NV] (OTC PINK: FRLF) announced Charles Grigsby as its new Chief Financial Officer (CFO). Grigsby joins Freedom Leaf from a successful 28 year career in Charles Grigsby & Co CPA’s and Grigsby Forensics & Valuation.

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