CFO Moves this week include:
|Dropbox||DISH Network||VMware, Inc.|
|DreamWorks Animation||YapStone||Omni Bio Pharmaceutical, Inc.|
|AXT, Inc.||Highwoods Properties, Inc.||Vector Capital|
|Popeyes Louisiana Kitchen, Inc.||Kirkland’s, Inc.||Pure Storage|
|Pan-American Life Insurance Group||Health Net, Inc.||Extended Stay America, Inc.|
|Cytori Therapeutics||ABILITY Network Inc.||Westwood Holdings Group, Inc.|
|REI||VirtualScopics, Inc.||SEACOMP, Inc.|
|ENER-CORE, Inc.||Healthcare Trust of America, Inc.||CYREN|
|Z Trim Holdings, Inc.||NorthStar Anesthesia||WaferGen Bio-systems, Inc.|
|Quri Inc.||StudioNow||ClearStory Data|
|Holloman Energy Corporation||IntelliCell BioSciences, Inc.||The Safariland Group|
|Outrigger Enterprises Group||Aaron’s, Inc.|
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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Stanton Chase International). Samuel can be reached by email at email@example.com or by phone at +1 (415) 738-2070.
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Dropbox announced the appointment of Bob Mylod to its Board of Directors. Bob previously served as Vice Chairman and CFO of Priceline. In addition to providing strategic counsel, Bob will serve as Chairman of our Audit Committee to oversee our financial reporting and risk management.
DISH Network (NASDAQ: DISH) announced that Robert Olson, DISH’s executive vice president and CFO, will retire from the company Oct. 15. Steve Swain, senior vice president of Programming, will succeed Olson as CFO. Prior to his appointment as senior vice president of Programming, Swain served as vice president of Corporate Financial Planning and Analysis for DISH. Prior to DISH, Swain spent more than 15 years working in the telecommunications sector, most recently at CenturyLink, formerly Qwest Communications. There he served in multiple leadership roles across Finance, including corporate financial planning and analysis, treasury, and investor relations, as well as in Network Engineering.
DreamWorks Animation (NASDAQ: DWA) announced that Fazal Merchant is joining as the company’s Chief Financial Officer. Merchant joins DreamWorks following current CFO Lew Coleman’s shift earlier this month to the role of Vice Chairman. Merchant will officially start on September 15, 2014. Merchant comes to DreamWorks Animation from DIRECTV, where he was most recently SVP and CFO of DIRECTV Latin America; until April 2014, Merchant also held the title of SVP, Treasurer & Corporate Development. Prior to joining DIRECTV in July 2012, Merchant was a managing director and group head at the Royal Bank of Scotland. Prior to that, he was a managing director in the Investment Banking Division of Barclays Capital, where he spent seven years advising clients on strategy, financing, and risk solutions. Merchant also spent nine years at Ford Motor Company in various treasury and finance management positions across functions in the U.S. and Europe.
YapStone announced John Malnar as Vice President and Chief Financial Officer. Malnar joins YapStone from PayPros, which was acquired by Global Payments Inc., where he most recently served as Chief Financial Officer. Prior to joining PayPros, Malnar spent more than ten years at Focus Strategies, BlackRock, Merrill Lynch and JP Morgan.
Omni Bio Pharmaceutical, Inc. (PINK: OMBP) announced the appointment of Jack Riccardi as its Chief Financial Officer. Mr. Riccardi was formerly CFO of ADial Pharmaceuticals and served most recently as CFO and Partner at Green Street Ventures. Mr. Riccardi’s appointment will become effective on September 1, 2014. Prior to his role at Green Street Ventures, Mr. Riccardi served as Chief Financial Officer, Treasurer and Secretary of ADial Pharmaceuticals. He also served as Chief Financial Officer of Modern Visuals. Mr. Riccardi spent eight years at General Motors (GM), last serving as Director, Strategic Planning.
AXT, Inc. (NASDAQ: AXTI) announced that it has appointed Gary L. Fischer vice president and chief financial officer. In 1993, he joined ISSI, as chief financial officer. In 2005, Fischer joined eRide. The company was acquired in 2009. Fischer continued with eRide as a consultant into 2014 and expanded his consulting practice.
Highwoods Properties, Inc. (NYSE: HIW) announced that Terry L. Stevens, Senior Vice President and Chief Financial Officer, will retire at the end of September. Stevens will be succeeded by Mark F. Mulhern who currently serves on the Company’s Board of Directors, and is currently the CFO of Dallas-based Exco Resources, Inc. (NYSE: XCO). Mulhern joined Exco as executive vice president and chief financial officer in April 2013. Prior to Exco, he served as senior vice president and chief financial officer of Progress Energy, Inc. from September 2008 until its merger with Duke Energy Corporation (NYSE: DUK) in July 2012. He joined Progress Energy in 1996 as vice president and controller and served in a number of roles at Progress Energy, including vice president of strategic planning, senior vice president of finance and president of Progress Ventures. Before joining Progress Energy, Mulhern was the chief financial officer at Hydra Co Enterprises. Mulhern has served on the Company’s Board of Directors since January 2012. Mulhern will step down as a director prior to joining the Company.
Vector Capital welcomes Jim Murray as Chief Financial Officer. Murray joins Vector after 14 years at Blum Capital, where he was the Chief Financial Officer and Chief Administrative Officer. Prior to that Jim worked at California Federal Bank, Coopers & Lybrand, and Kenneth Leventhal & Company where he specialized in tax matters.
Popeyes Louisiana Kitchen, Inc. (NASDAQ:PLKI) announced that William P. Matt will be joining the Popeyes executive team as Chief Financial Officer. Mr. Matt most recently served as Chief Operating Officer of La Senza Global, an arm of L Brands Inc., based in Columbus, Ohio. Mr. Matt also served as Chief Financial Officer of Victoria Secret Direct while at L Brands, Inc. Prior to his 14 years with L Brands, Mr. Matt spent nine years at PepsiCo/KFC, culminating as Vice President, Planning.
Kirkland’s, Inc. (NASDAQ: KIRK) announced that W. Michael Madden, the Company’s Senior Vice President and Chief Financial Officer, has been promoted to President and Chief Operating Officer. Kirkland’s expects Mr. Madden to assume the role of Chief Executive Officer after a period of orderly transition. Mr. Madden will remain the company’s principal financial officer pursuant to S.E.C requirements.
Pure Storage named Tim Riitters chief financial officer. Riitters joins Pure Storage on August 26 from Google, where he spent 10 years in finance. Previous to Google, he held leadership positions at both Siebel Systems and Deloitte.
Pan-American Life Insurance Group announced the appointment of Carlos F. Mickan to the company’s Board of Directors. Mr. Mickan currently oversees all financial operations as the Executive Vice President and Chief Financial Officer of Pan-American Life and will continue in that role. Mr. Mickan has been a member of the senior management team at Pan-American Life since June 2005. Prior to joining Pan-American Life, Mr. Mickan served as senior vice president and CFO of Principal International Inc., the International Division of Principal Financial Group.
Health Net, Inc. (NYSE: HNT) announced that James Woys has been named executive vice president, chief financial and operating officer, and interim treasurer, effective September 2, 2014. Woys has been executive vice president and chief operating officer since November 2007. Previously Woys served as acting chief financial officer from November 2006 through October 2007. The company announced that Joseph C. Capezza, currently executive vice president, chief financial officer and treasurer, will retire as CFO.
Extended Stay America, Inc. (NYSE: STAY) announced that Lisa Palmer has been appointed to its Board of Directors as an independent director. Lisa Palmer is currently Executive Vice President and Chief Financial Officer for Regency Centers (NYSE: REG). Ms. Palmer joined Regency in 1996 and served as its Senior Vice President from 2003 until 2013. Previously, Ms. Palmer worked with Accenture as a consultant and as a financial analyst at General Electric.
Cytori Therapeutics (NASDAQ: CYTX) announced that Tiago Girão has been appointed Vice President of Finance and Chief Financial Officer (CFO), with an effective start date of September 2, 2014. Mr. Girão joins Cytori Therapeutics as Vice President of Finance and CFO from NuVasive, Inc. where he recently served as International Controller. Prior to his International Controller role, he served as Director, Financial Reporting, where he managed a team responsible for all corporate technical accounting and SEC related matters. Prior to joining NuVasive, Mr. Girão served as Senior Manager, Assurance at KPMG, Cytori’s independent audit firm and was responsible for Cytori’s account for six years. Prior to joining KPMG, Mr. Girão was a senior accountant for Ernst & Young in Brazil. Mr. Girão is a certified public accountant with 14 years experience in the accounting, finance and reporting for U.S. public companies and substantial experience in global finance and operations. Cytori announced that former CFO Mark Saad had accepted another opportunity and would be leaving the Company. Mr. Saad will remain as a consultant to Cytori for a period of time and will continue to support the new VP Finance and CFO as well as the management team during the transition period.
ABILITY Network Inc. announced that Robert Barbieri has joined the organization as Chief Financial Officer (CFO). Prior to joining ABILITY, Barbieri served as CFO at Converge One. He is also a member of Century Park Capital’s Executive Council. Barbieri’s experience includes serving as Executive Vice President (EVP) and Chief Financial and Performance Officer at Lawson Software. Barbieri was also EVP and CFO at TriZetto; CFO at Textura; CFO at Apogee Enterprises; and a senior executive with Air Products.
Westwood Holdings Group, Inc. (NYSE: WHG) announced the appointment of Jennipher Mattson as Westwood’s Chief Financial Officer. Prior to joining Westwood, she served as Executive Vice President, Chief Financial Officer and Treasurer of CEC Entertainment, Inc. Earlier in her career, she spent 15 years with KPMG LLP, serving as Audit Partner from 2006 to 2010.
Allergan, Inc. (NYSE: AGN) announced that Jim Hindman has been named Executive Vice President, Finance and Business Development, Chief Financial Officer. Mr. Hindman succeeds Jeff Edwards, who after 21 years of service to Allergan, including nine years in the Chief Financial Officer role, has decided to step down from the position due to family commitments. Mr. Edwards will remain employed by Allergan in a non-executive officer capacity to facilitate a smooth transition. Mr. Hindman joined Allergan in 1984 and has served as Senior Vice President, Treasury, Risk and Investor Relations since 2002. Prior to that, he served in a variety of finance positions, including Senior Vice President, Finance and Controller, Assistant Corporate Controller and Vice President, Financial Planning and Analysis. Mr. Hindman also serves as President of The Allergan Foundation. Before joining Allergan, Mr. Hindman worked at Deloitte, Haskins and Sells.
ServiceSource (NASDAQ: SREV) announced the appointment of Chief Financial Officer, Ashley Fieglein Johnson, as Acting CEO as it searches for its next CEO. Prior to ServiceSource, Ms. Johnson founded GreenAtom. Ms. Johnson spent several years with General Atlantic. Before General Atlantic, Ms. Johnson led international business development for Ariba and worked in both venture investing and investment banking for the technology corporate finance division of Morgan Stanley.
Ahmann-Martin announced that Jennipher Mattson has joined as Chief Financial Officer. Mattson previously spent 9 years contributing to the long-term advancement of the world’s leading medical technology company, where she served as Regional Finance Leader of Cardiac and Vascular Group Sales.
REI promoted Eric Artz, chief financial officer (CFO), to the additional role of chief operating officer (COO). He will retain the CFO role. Artz joined REI in 2012 as CFO. He was most recently CFO at Urban Outfitters and spent many years with VF Outdoor and VF Contemporary Brands in both financial and operational roles.
VirtualScopics, Inc. (NASDAQ: VSCP) announced that James Groff has been named chief financial officer. Mr. Groff has held the role of acting chief financial officer since August 2013. He joined VirtualScopics in January 2006 as an accounting manager and was promoted to controller in February 2013. He has been acting chief financial officer since 2013.
SEACOMP, Inc. announced that Josh Nelson has joined as Chief Operating Officer and Chief Financial Officer. Nelson previously held consulting CFO positions for numerous businesses across multiple industries. He also spent time as a Controller providing accounting guidance and analysis at a global electronics manufacturing company. Nelson began his career as a Senior Design Engineer for Boeing in 1996.
ENER-CORE, Inc. (OTC: ENCR) announced it named Domonic J. (DJ) Carney as its chief financial officer. Most recently, Mr. Carney was an independent consultant. He has previous experience at T3 Motion and Composite Technology Corporation. Mr. Carney started his career at Deloitte & Touche.
Healthcare Trust of America, Inc. (NYSE: HTA) announced that Kellie S. Pruitt, Chief Financial Officer, Secretary and Treasurer of HTA has notified the Company of her intentions to retire. Ms. Pruitt will remain with the Company through September 30, 2014 and, thereafter, will serve in an advisory capacity until December 31, 2014 to ensure a smooth transition. Effective September 1, 2014, HTA has appointed Robert A. Milligan as Chief Financial Officer, Secretary and Treasurer. Mr. Milligan currently serves as the Company’s Executive Vice President of Corporate Finance and Capital Markets and has been with the Company since 2012. Prior to HTA, Mr. Milligan served in various corporate finance and capital markets roles with Bank of America Merrill Lynch and General Electric.
CYREN (NASDAQ: CYRN) announced the appointment of Michael Myshrall to the permanent role of Chief Financial Officer. Myshrall has served as interim CFO since March. Myshrall joined CYREN in January 2011 as vice president of corporate development and recently served as vice president of financial planning and analysis. Prior to joining CYREN, he focused on technology strategy, financial advisory and mergers and acquisitions, first with Mercator Capital and more recently with Trilos Ventures. Myshrall previously held various roles with Nortel, Newbridge Networks, Corvis, and Civcom.
Z Trim Holdings, Inc. (OTC: ZTHO) announced that it has promoted Controller, John Elo, to Chief Financial Officer. Prior to joining the company in 2012, Mr. Elo spent over 25 years in corporate finance management at prominent food manufacturing, retail sales and financial services firms. Mr. Elo will take over from current CFO and Chief Legal Officer, Brian Chaiken, who is returning to Florida with his family.
NorthStar Anesthesia has appointed Jeremiah Radandt chief financial officer. Most recently he served as chief financial officer for Primary Children’s Hospital, a unit of Intermountain Healthcare. Prior to Intermountain he served as the vice president of strategy and chief financial officer for a key business unit of HealthMarkets, Inc. Radandt also spent several years as a consultant with Bain & Company.
WaferGen Bio-systems, Inc. (OTC: WGBS) announced the appointment of Michael Henighan as Chief Financial Officer. Prior to joining WaferGen, Mr. Henighan was a founder and Chief Financial Officer of Aplegen, Inc. since early 2011. From 1997 to 2011, Mr. Henighan served as Chief Financial Officer or Corporate Controller at three publicly-traded healthcare companies including Alpha Innotech, Inc., HemoSense, Inc., and Cholestech Corp. Prior to 1997, he also held senior management positions with Solectron, Applied Biosystems, and Motorola.
StudioNow announced the appointment of Rob Tanner as its new Chief Financial Officer. Tanner has a diverse background in financial management, investment banking, mergers and acquisitions and business strategy within both Fortune 1000 and growth-stage companies.
ClearStory Data announced that Jim Buckley joined the company as chief financial officer. Prior to ClearStory, he oversaw MobileIron’s growth through their IPO and was Airespace’s CFO during Cisco Systems’ acquisition of the company. He also served as CFO with CyberSource Corporation (was on NASDAQ before being acquired by Visa) and Cygnus Solutions that was integrated into Red Hat.
Holloman Energy Corporation (OTC: HENC) announced the resignation of Robert Wesolek, and appointment of Gina Serkasevich as Chief Financial Officer. Gina Serkasevich joined Holloman Energy as its Financial Controller in June 2013. In addition, since July 2013, she has served as U.S. Controller for EFLO Energy, Inc. Ms. Serkasevich joined Holloman Corporation in June 2012, and also continues to act as its Director of Finance. Prior to 2012, Ms. Serkasevich worked in the Oil and Gas Tanker Transportation industry as a Regional Financial Manager for AET Inc. Limited (2011-2012), as a Financial Consultant for OSG Ship Management, Inc. (NYSE-OSG) (2009-2011) and as a Financial Controller/CFO for Stena Bulk LLC (1998-2008).
IntelliCell BioSciences, Inc. (OTC: SVFC) announced that it has added John Huber III as interim Chief Financial Officer. Mr. John Huber III is a managing partner at Mango & Huber CPAs in Westfield, New Jersey and has been a practicing CPA in the New York/New Jersey metropolitan area for the last 30 years. His firm has provided outsourced CFO services for several SEC companies over the last 10 years.
The Safariland Group announced the appointment of Scott F. Harris as Chief Financial Officer (“CFO”). Harris joins the Company after spending the past 14 years at Delphi Automotive PLC. Most recently, Harris was Vice President, Finance and CFO for Delphi Thermal Systems, an operating segment of that company. Before assuming the CFO position in 2007, he was the Finance Director of the Delphi Diesel business based in Paris, France and a Director of the Corporate Controller’s Staff in Troy, Michigan. Prior to joining Delphi, Harris held several financial leadership positions with Honeywell including assignments in Morristown, New Jersey; Tulsa, Oklahoma; and Luxembourg.
Outrigger Enterprises Group announced the appointment of Michael Regan as executive vice president and chief financial officer. Regan most recently served as the hold separate manager on behalf of the Federal Trade Commission, operating the Lumiere Place Casino and Hotel in St. Louis, Missouri, where he was responsible for all assets and the total operation of the property while ownership changed hands as a result of a merger. Regan also has served as a member of the board of directors of Rite Aid Corporation and their audit committee since 2007 and its lead director since 2011. Prior positions have included chief financial officer for Indianapolis Downs LLC; and CFO, SVP finance and planning and VP finance and planning for The St. Joe Company. Regan also worked for 17 years at Harrah’s Entertainment/The Promus Companies (the owner/operator of the Embassy Suites, Hampton Inn and Homewood Suite Hotel brands) as vice president corporate controller; vice president finance, Harrah’s Division; controller, Harrah’s Tahoe; and manager strategic planning, Harrah’s Division.
Aaron’s, Inc. (NYSE: AAN) announced that it has appointed Gilbert L. Danielson, Executive Vice President and Chief Financial Officer, as interim Chief Executive Officer, effective August 31, 2014. Gil has been the Chief Financial Officer at Aaron’s, Inc. since 1990 and its Executive Vice President since 1998. Mr. Danielson served as Vice President of Finance at Aaron’s, Inc. from 1990 to 1998. He has more than 20 years of experience as an Officer and a Director of Aaron’s, Inc. Mr. Danielson served as a Director of Servidyne, Inc. (formerly known as Abrams Industries Inc.) from 2000 to 2011.