CFO Moves this week include:
|Mastercard||Chevron Phillips Chemical Company LLC||Avaya Holdings Corp.|
|Mimecast Limited||FOX Television Stations||Akamai Technologies, Inc.|
|Chaparral Energy, Inc.||Niche Exports||The High Companies|
|National American University Holdings, Inc.||Cengage||Smith|
|Moda Operandi||Unity Technologies||Prosperity Bancshares, Inc.|
|Regional Management Corp.||NuZee, Inc.||SilverSun Technologies, Inc.|
|CBB Bancorp, Inc.||Global Employment Solutions and Fahrenheit IT||RainFocus|
|Kadmon Holdings, Inc.||Cleveland-Cliffs Inc.||SixAxis|
|bluebird bio, Inc.||Achillion Pharmaceuticals, Inc.||Meritize|
|Keweenaw Land Association, Limited||Adeptus Health|
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 firstname.lastname@example.org or by phone at +1 (415) 738-2070.
+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +
Mastercard [PURCHASE, N.Y.] (NYSE: MA) announced that Martina Hund-Mejean, chief financial officer, will retire after more than a decade in the role. Sachin Mehra, chief financial operations officer, will succeed Hund-Mejean as CFO on April 1. Mehra joined Mastercard in 2010 as group executive and treasurer with responsibility for treasury strategy and operations, global settlement, customer credit risk management and enterprise risk management. Prior to joining Mastercard, Mehra held treasury and finance roles of increasing responsibility at the Hess Corporation, General Motors and GMAC in New York, Singapore, Belgium and Shanghai.
Chevron Phillips Chemical Company LLC [THE WOODLANDS, Texas] announced that Carolyn Burke joined the company as senior vice president and chief financial officer. Burke previously worked for Dynegy Inc. where she held the position of executive vice president, Strategy and Administration. Throughout her career, she has held various positions of increasing responsibility in finance and strategic roles for organizations including J.P. Morgan, NRG Energy Inc., University of Pennsylvania, Yale University and Atlantic Richfield Company (now British Petroleum).
Avaya Holdings Corp. [SANTA CLARA, Calif.] (NYSE: AVYA) announced that Kieran McGrath assumed the role of Senior Vice President and CFO of Avaya. McGrath has most recently served as Executive Vice President and CFO at CA Technologies from July 2016 until the company’s acquisition in November 2018. Prior to CA, he served in several key finance and operations leadership roles during a lengthy career at IBM, including six years as the Vice President of Finance for the IBM Software Group.
Mimecast Limited [LEXINGTON, Mass.] (NASDAQ: MIME) announced the appointment of Rafe Brown to the position of Chief Financial Officer (CFO), effective March 18, 2019. Prior to joining Mimecast, Rafe served as the Senior Vice President, Chief Financial Officer and Treasurer of SevOne, Inc. Before SevOne, Rafe served as Senior Vice President, Chief Financial Officer and Chief Administrative Officer of Pegasystems, Inc. Additionally, Rafe served in leadership positions at salesforce.com, inc. for several years, including as a Senior Vice President of Finance. The Company announced in September 2018 that Peter Campbell, the Company’s long-time CFO, would be leaving the Company in March. Peter has agreed to stay with the Company in an advisory capacity to assist in the transition through the end of May 2019.
FOX Television Stations [NEW YORK and LOS ANGELES] announced that Mike Nelson will serve as Executive Vice President and Chief Financial Officer. The appointment will be effective on March 1. Currently, Nelson serves as Executive Vice President and Chief Financial Officer for Twentieth Century Fox Film. Prior to this, Nelson served as Executive Vice President and Controller for Twentieth Century Fox Film. Previously, he held a variety of executive finance and accounting positions for the film studio.
Akamai Technologies, Inc. [CAMBRIDGE, Mass.] (NASDAQ: AKAM) announced a planned transition in leadership within the Company’s finance organization. Ed McGowan, Senior Vice President of Finance, will succeed Jim Benson as Executive Vice President and Chief Financial Officer, effective March 1, 2019. After nine years at Akamai (and seven as Chief Financial Officer), Benson has decided to retire from Akamai to pursue his next set of challenges. He will serve as an Executive Advisor through an extended transition period. McGowan is an 18-year Akamai veteran who began his career at the Company in Finance and Sales Operations and then held executive roles in Corporate Development and Global Media and Carrier Sales.
Oscar [New York] announced the appointment of Sid Sankaran as its new Chief Financial Officer. His first day will be March 1. Sid most recently served as Executive Vice President and Chief Financial Officer at AIG. Prior to that, he spent five years as AIG’s Chief Risk Officer. Before joining AIG, Sid was a partner in the finance and risk practice at Oliver Wyman Financial Services.
Arhaus [CLEVELAND] announced that Mark Thompson has been named President & COO of the company. Dawn Phillipson, formerly the Senior Vice President of Finance for the company, replacing Thompson as Chief Financial Officer. Ms. Phillipson joined Arhaus in 2016. In her prior role at Arhaus, Dawn oversaw Financial Planning & Analysis, Budgeting, Operational Finance, Accounting/Audit, Tax, and Fraud Prevention.
Copper [SAN FRANCISCO] recently promoted M.G. Thibaut from senior vice president of finance and operations to CFO. Thibaut joined Copper in July 2017, with experience from companies ranging from Ruby Ribbon, Strava and Revision 3. She also worked within Yahoo!’s business operations and strategy departments for six years.
Chaparral Energy, Inc. [OKLAHOMA CITY] (NYSE: CHAP) announced that Joseph O. Evans, its Chief Financial Officer and Executive Vice President, has elected to retire from the Company effective March 15, 2019, following 14 years of service as Chief Financial Officer. Scott Pittman will be joining Chaparral effective February 28, 2019, and will be appointed Chief Financial Officer and Executive Vice President of the Company effective March 16, 2019. Most recently, Mr. Pittman served as the Chief Financial Officer of Ursa Resources and the Chief Financial Officer of Aethon Energy Management. He has also served as Vice President-Finance at Cobalt International Energy, and as a Vice President in commercial and investment banking at J.P. Morgan Securities Inc. for nine years.
Niche Exports [SCOTTSDALE, ARIZ.] announced the appointment of Paul DeFries as Chief Financial Officer. Prior to joining Niche Exports, DeFries owned and operated a diverse portfolio of Indonesian assets with direct experience in transshipping bulk products to clients in China and India. DeFries was also the Trading Head of Dry Bulk at JPMorgan in Singapore responsible for developing the bank’s physical presence throughout Asia and served as Group Head of Risk and Head of Macro Training at Noble.
The High Companies [LANCASTER, Pa.] announced that Karen Biondolillo has been named chief financial officer. Biondolillo succeeds Mike Van Belle, who has been CFO since 2005 and recently announced his retirement. Biondolillo joined High in 2006. In her most recent position, she was vice president and controller of High Industries Inc., which includes affiliates High Steel Structures LLC, High Concrete Group LLC, High Steel Service Center LLC, High Transit LLC, High Structural Erectors LLC, High Construction Company, and Greenfield Architects Ltd. Previously she served as vice president and controller of High Real Estate Group LLC and its affiliates High Associates Ltd., High Hotels, Ltd., and High Environmental Safety & Consulting Ltd.
National American University Holdings, Inc. [RAPID CITY, S.D.] (OTCQB: NAUH) announced that it has appointed Thomas Bickart as Chief Financial Officer following the resignation of David Heflin earlier this month. Most recently, Bickart assisted EdisonLearning, Inc. restructure its operations and position the organization for new market growth. Mr. Bickart previously served as CFO at TCI College of Technology from 2013 to 2016. From 2008 through 2013, he was CFO at Neumont University.
Cengage [BOSTON] announced the appointment of Bob Munro as Executive Vice President, Chief Financial Officer, effective April 1. Munro has spent the last four years as the Chief Financial Officer at Callcredit Information Group. Previously, he held multiple senior finance roles at RELX (formerly Reed Elsevier PLC), including CFO of Elsevier Health Sciences, Director of Business Performance, Director of Business Control and Group Chief Accountant. Munro replaces Interim CFO Rebecca McNamara.
Smith [HOUSTON] announced the appointment of Sean Evans to the position of Chief Financial Officer. Sean previously served as interim CFO of Smith since early 2018. Before he stepped into his interim CFO role, Sean served as Smith’s Vice President of Credit & Finance and Director of Credit.
Moda Operandi [NEW YORK] announced the appointment of Kristina Salen as its Chief Financial Officer. Most recently, Kristina served as CFO and COO of UnitedMasters. Prior to that Kristina served as CFO of Etsy. Before Etsy, Kristina held positions with Fidelity, Oppenheimer Capital, Merril Lynch, and Lazard Freres. Kristina sits on the Board of Directors for both SiriusXM and Cornerstone OnDemand.
Unity Technologies [SAN FRANCISCO] announced the appointment of Kim Jabal as the company’s Chief Financial Officer (CFO). Jabal joins Unity from Weebly where she served as CFO, responsible for selling the company to Square in May 2018. Previous to Weebly, Jabal was the CFO at Path, Inc., and held senior leadership positions at Lytro, Inc. and Google. Jabal is a current Board of Directors member for FedEx and SVB Financial Group.
Prosperity Bancshares, Inc. [HOUSTON] (NYSE: PB) announced the retirement of David Hollaway, Chief Financial Officer of Prosperity Bancshares and Prosperity Bank effective April 1, 2019. Mr. Hollaway served as CFO since joining the Bank in 1992. Following his retirement as CFO, Mr. Hollaway plans to continue to work with the Bank in a reduced capacity for at least two years.
Regional Management Corp. [GREENVILLE, S.C.] (NYSE: RM) announced that Executive Vice President and Chief Financial Officer Donald E. Thomas is retiring from Regional, pending the appointment of a new CFO.
NuZee, Inc. [VISTA, Calif.] (OTCQB: NUZE) announced the appointment of Shanoop Kothari as Senior Vice President and Chief Financial Officer. Kothari joins NuZee from B. Riley FBR, where he was Senior Managing Director and Head of E&P investment banking. Prior to that, he was CFO of Endicott Biofuels and its subsidiary, Sabine Biofuels and spent seven years at Credit Suisse in the energy investment banking group. Mr. Kothari also held positions of increasing responsibility, including Interim CFO, at BindView Development prior its acquisition by Symantec Corporation in 2005.
SilverSun Technologies, Inc. [EAST HANOVER, NJ] (NASDAQ: SSNT) announced the appointment of Christine Dye as Chief Financial Officer. Ms. Dye will also serve as CFO of SWK Technologies, Inc., the Company’s wholly-owned subsidiary. Crandall Melvin, who has served as the Company’s CFO since 2015, and has also served as CFO of SWK Technologies since 2007, is retiring. Dye was CFO of Send Word Now, Inc., and later was CFO at On-Net Surveillance Systems. In addition, she was previously Finance Director at Citrix Systems, Inc.
CBB Bancorp, Inc. [LOS ANGELES] (OTCQB: CBBI), the parent company of Commonwealth Business Bank, announced that J. Duncan Smith has resigned from his position as Chief Financial Officer to pursue other interests.
Global Employment Solutions and Fahrenheit IT [DENVER] announced Klaus Geiser has joined the Company as Chief Financial Officer. Before joining the Company, Geiser was Global CFO with Pontoon Solutions from 2015 to 2018 and Pontoon’s Financial Controller for the Americas region from 2013 to 2015. Pontoon is a global brand of The Adecco Group. Before his relocation to the U.S. in 2012, Geiser spent more than seven years at Adecco’s Corporate Headquarters in Zurich, Switzerland.
Kadmon Holdings, Inc. (NYSE: KDMN) announced the appointment of Steven Meehan as Executive Vice President, Chief Financial Officer. Meehan has served as a member of the Board of Directors at Kadmon since 2017 and will step down as a member of the Board at Kadmon as he assumes his appointment as CFO. Meehan previously served as a partner in the Healthcare Group of Moelis & Company. Prior to Moelis, Mr. Meehan was Head of Life Sciences within the Global Healthcare Group in the New York office of UBS Investment Bank (UBS). During his tenure at UBS, Mr. Meehan was Chief Executive Officer of UBS Russia and the former Soviet Union. During his investment banking career, Mr. Meehan also held senior roles in M&A, leveraged finance and capital markets at Salomon Smith Barney, NatWest Securities and Drexel Burnham Lambert.
Cleveland-Cliffs Inc. [CLEVELAND] (NYSE: CLF) announced that Keith A. Koci has been appointed Executive Vice President, Chief Financial Officer of the company. Mr. Koci replaces Timothy K. Flanagan, who will be leaving the company. Koci joins Cliffs from Metals USA Holdings Corp., where he served most recently as its Senior Vice President and Chief Financial Officer. Prior to that role, Mr. Koci served as Metals USA’s Senior Vice President, Business Development from 2006 to 2013; its Vice President, Corporate Controller from 2004 to 2005; its Director of Budgeting from 2003 to 2004; and its Regional Controller of the Flat Rolled Group from 1998 to 2003.
SixAxis [ANDREWS, S.C.] announced the appointment of Peter White to the role of Chief Financial Officer. White most recently served as global controller for 17 companies in his role at Apergy, formerly known as Dover Artificial Lift.
bluebird bio, Inc. [CAMBRIDGE, Mass.] (NASDAQ: BLUE) announced Chip Baird joined the company as chief financial officer (CFO). Mr. Baird joins bluebird from Amicus Therapeutics, Inc., where he was the CFO for the past seven years. Prior to Amicus, Mr. Baird spent 10 years as CFO of PTC Therapeutics. Previously, Mr. Baird worked in the life science practice at L.E.K. Consulting, and began his career at First Union National Bank in corporate debt underwriting. Baird currently serves as a director of Axcella Health.
Achillion Pharmaceuticals, Inc. [NEW HAVEN, Conn.] (NASDAQ: ACHN) announced the appointment of Brian Di Donato to the position of Senior Vice President and Chief Financial Officer. Mr. Di Donato previously held positions as Managing Director and Co-Portfolio Manager at Sorin Capital Management and President and Chief Investment Officer at Capmark Investments. He previously worked in fixed-income capital markets as an Executive Director at Morgan Stanley and Vice President at UBS Securities.
Meritize [FRISCO, Texas] announced the appointment of Eugene Ostrovsky as the company’s new chief financial officer. Meritize co-founder and former CFO Phillip Stegner will take on the newly created role of chief operations officer. Prior to joining Meritize, Ostrovsky most recently served as head of capital markets for Cross River Bank and Laurel Road (formerly DRB). He also spent several years at Morgan Stanley as a vice president with a focus on student loan asset-backed issuance, following a period at PricewaterhouseCoopers.
Keweenaw Land Association, Limited [IRONWOOD, Mich.] (OTC US: KEWL) announced that Claudio Nicoletta has been appointed as Chief Financial Officer. Mr. Nicoletta comes to Keweenaw from Boston Scientific Corporation, where he spent the last six years as a Finance Director – Global Operations, in the American Medical Systems Business Unit. Mr. Nicoletta previously worked for United Health Group, Medtronic, Tennant Company and Steelcase, Inc.
Adeptus Health [IRVING, Texas] announced that James Hopwood has been appointed as its new Chief Financial Officer. Hopwood officially joined Adeptus on October 15, 2018. Since 2014, Hopwood has been serving as Chief Financial Officer of Promise Healthcare Group, LLC. Prior to joining Promise, he served as a Managing Director at Focus Management Group. Previously, he served as CFO of Wickes Lumber Company. He began his career as a financial analyst at Goldman Sachs & Co.