CFO Moves

Tracking CFO Movement Across the USA

CFO Moves – week ending January 10, 2020

Posted on Written by Leave a Comment

CFO Moves this week include:

Oshkosh Corporation Guidewire Software, Inc. Impinj, Inc.
Atrium Hospitality Flowserve Corporation VirtualHealth
ASRC Industrial Paxxal Inc. ivWatch
Ironshore Pharmaceuticals Inc. Aramark AVEO Oncology
Gannett Co., Inc. ECC Examity
The Columbus Organization Smith Land & Improvement Corporation Relmada Therapeutics, Inc.
Varsity Brands Peabody COMSovereign Holding Corp.
Chico’s FAS, Inc. Alaska Air Group TI Fluid Systems
Maxeon Solar Technologies Cumulus Media Inc. BBQ Holdings, Inc.
Party City Holdco Inc. NexImmune, Inc. Prime Capital Investment Advisors
Zageno Sprouts Farmers Market Saia, Inc.
Perceptron, Inc. Vyome Therapeutics Inc. Blucora, Inc.
Mercy College HealthcareSource® LRES Corporation
Abott Laboratories ALX Oncology Diversey
Prime Therapeutics LLC Barings ArcherDX, Inc.
WatchGuard Technologies, Inc. Kubient Bright Health
RealNetworks, Inc. NetSTREIT

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Oshkosh Corporation [OSHKOSH, WI] (NYSE: OSK) announced that David M. Sagehorn, who has served the Company for two decades, including 12 years as Chief Financial Officer, has decided to retire effective April 3, 2020. Sagehorn will serve as an external advisor for a year after his retirement date to ensure a smooth transition. Michael E. Pack, Vice President of Finance in the Fire & Emergency segment at Oshkosh, will succeed Sagehorn as Executive Vice President and Chief Financial Officer. Pack has served as Vice President of Finance in Oshkosh’s Fire & Emergency segment since 2012. Pack has been with the Company since 2006 and has held finance roles of increasing responsibility with the Fire & Emergency, Access Equipment, Commercial and Corporate teams. Prior to joining Oshkosh, he was a Senior Audit Manager at Grant Thornton.

Guidewire Software, Inc. [SAN MATEO, CA] (NYSE: GWRE) announced that Chief Financial Officer, Curtis Smith is resigning for personal reasons. Smith is transitioning into a consulting role with the company effective in March 2020.

Impinj, Inc. [SEATTLE] (NASDAQ: PI) announced that Cary Baker will join the company as Chief Financial Officer effective February 17, 2020. Baker comes to Impinj from RealNetworks, where he had been Chief Financial Officer and Treasurer since 2017. Prior to RealNetworks Baker served as CFO of HEAT Software, as CFO of NetMotion Software, and as VP of Finance with Clearwire Corporation. Baker’s earlier experience includes financial leadership roles at Boost Mobile and Sprint Corporation.

Chris Dunne

Atrium Hospitality [ALPHARETTA, GA] announced the appointment of Chris Dunne to chief financial officer (CFO). Dunne worked for InterContinental Hotels Group (IHG) for more than 18 years with his most recent role being the vice president operations finance, Americas for IHG in Atlanta, Georgia. Prior to joining IHG in 2000, Chris started his career with Bristol Hotels & Resorts working in a variety of positions.

Amy B. Schwetz

Flowserve Corporation [DALLAS] (NYSE: FLS) announced that Amy B. Schwetz has been appointed senior vice president and chief financial officer, effective February 24, 2020. Schwetz joins Flowserve having been the executive vice president and chief financial officer at Peabody. Throughout her 14-year career at Peabody, she served in roles of increasing responsibility including vice president, capital and financial planning; vice president, investor relations; senior vice president finance – Australia; and for the past four years, chief financial officer. Prior to her tenure at Peabody, Schwetz spent eight years in various roles at Ernst & Young. Schwetz serves on the Board of Directors for Dril-Quip, Inc.

VirtualHealth [NEW YORK] announced the promotion of Tomer Benami to Chief Financial Officer (CFO). Benami was hired as VirtualHealth’s Vice President of Finance in 2016 and was subsequently promoted to Senior Vice President of Finance. Previously, Benami was employed by Apploi. Before that, he spent several years within the accounting practice at KPMG.

Tony Spagnola

ASRC Industrial (AIS) [CONCORD, CA] announced the addition of Tony Spagnola as Senior Vice President – Chief Financial Officer. Spagnola joins AIS from RGP where he served as a business consultant. Prior to RGP, Spagnola held senior operational and financial leadership roles with Mastec Utility Services, Quanta Power and SelectBuild Mid-Atlantic. Previous Spagnola worked in the consulting practices of both Deloitte and PwC.

Paxxal Inc. [NOBLESVILLE, IN] announced the appointment of Jeffrey M. Barlow as Chief Financial Officer. Barlow most recently served as a Founding Partner at Brigadier Consulting Group. Previously, Barlow was a Principal at Norbridge Inc., and also worked for The Avicon Group and PricewaterhouseCoopers.

ivWatch [NEWPORT NEWS, VA] announced the appointment of Teresa (Terry) Blevins as Chief Financial Officer. Blevins most recently served as the Interim CFO at Psionic Lidar. Prior to that, she served as CFO of Landmark Media Enterprises. She has held additional leadership roles in manufacturing with several Fortune 500 companies such as General Electric and Borg Warner.

Ironshore Pharmaceuticals Inc. [RESEARCH TRIANGLE PARK, NC], a wholly owned subsidiary of Highland Therapeutics Inc., announced the appointment of Dave Lemus as Chief Financial Officer. Lemus has held several Executive Management roles including Chief Executive Officer, Chief Operating Officer and Chief Financial Officer. Lemus has also held Non-Executive Board roles in private and publicly traded companies in both Europe and North America.

Tom Ondrof

Aramark [PHILADELPHIA] (NYSE: ARMK) announced that Thomas Ondrof joined the Company as Executive Vice President, Chief Financial Officer, succeeding Steve Bramlage who will remain with the Company until April 3, 2020 in the role of Executive Advisor to assist in this transition. Ondrof previously served as Chief Financial Officer with Performance Food Group. Prior to PFG, Ondrof spent 24 years at Compass Group North America, where he served in a variety of financial and business development leadership roles, including Chief Development Officer, Chief Strategy Officer and Chief Financial Officer. Prior to his time at Compass, Ondrof worked in planning and development at ITT Rayonier. He began his career as an auditor with PricewaterhouseCoopers.

AVEO Oncology [CAMBRIDGE, MA] (NASDAQ: AVEO) announced the appointment of Erick Lucera as chief financial officer. He most recently served as chief financial officer of Valeritas. Prior to Valeritas, Lucera served as the chief financial officer, treasurer, and secretary of Viventia Bio (acquired by Eleven Biotherapeutics, Inc., now Sesen Bio). He also previously served as vice president, corporate development at Aratana Therapeutics. Previously, Lucera was vice president, corporate development at Sunshine Heart (now CHF Solution). Prior to Sunshine Heart, Lucera spent over 15 years in investment management as a healthcare analyst at Eaton Vance, the portfolio manager of the Triathlon Life Sciences Fund at Intrepid Capital, and as head of the healthcare research team at Independence Investments. He began his career as a staff auditor and accountant at Price Waterhouse & Co. (now PwC).

Gannett Co., Inc. [MCLEAN, VA] (NYSE: GCI) announced that Alison (Ali) K. Engel, Chief Financial Officer, will depart the Company at the end of the first quarter to pursue other opportunities. Mark Maring, current Treasurer of Gannett, is expected to lead the finance function on an interim basis after Ms. Engel’s departure. Maring had most recently served as the Treasurer of GateHouse Media for 10 years prior to the merger.

ECC [BURLINGAME, CA] announced that Bradley Graham joined our company as Chief Financial Officer (CFO). Graham held positions as Vice President of Controller and Vice President of Financial Operations at DynCorp International; and as Vice President of Operational Finance and Corporate Controller at Granite Construction. He also served as an Auditor at Deloitte & Touche and Arthur Anderson.

Examity [NEWTON, MA] announced the appointment of Nicholas Malone as Chief Financial Officer. Malone served as CFO of Wayfair, since 2005. Malone served in leadership roles at high-growth startups and tech companies, including Siemens and Zagster.

The Columbus Organization [WAYNE, PA] appointed Mike Celano as CFO. Celano spent the first 20 years of his career in public audit and accounting, and the last 15 years since that time in the CFO role for various healthcare organizations. Additionally, Celano has served on various Boards and is currently Chairman of the Board for a medical diagnostic device company.

Dallas J. Zulli

Smith Land & Improvement Corporation [CAMP HILL, PA] appointed Dallas J. Zulli to Chief Operating Officer/Chief Financial Officer. Zulli most recently was vice president, senior commercial relationship manager with F&M Trust in the Capital Region.

Relmada Therapeutics, Inc. [NEW YORK] (NASDAQ: RLMD) announced that Maged Shenouda has been appointed the Company’s new Chief Financial Officer (CFO). Relmada’s current CFO, Charles Ence, will assume a new role in the expanded financial team as the Company’s Chief Accounting and Compliance Officer. Most recently, Shenouda served as CFO and Executive Vice President of Corporate Development for AzurRx BioPharma. Prior to his tenure at AzurRx, Shenouda was Senior Vice President and Head of Business Development and Licensing at Retrophin, Inc. Previous to this, Shenouda spent the bulk of his career on Wall Street as an equity research analyst. He held senior level positions at UBS, JP Morgan and Stifel Nicolaus. Shenouda started his sell-side equity research career at Citigroup and Bear Stearns. Before entering Wall Street, he was a management consultant with PricewaterhouseCoopers Pharmaceutical Consulting practice and also spent time in pharmaceutical sales, having worked as a hospital representative and managed care specialist for Abbott Laboratories Pharmaceutical Products Division.

Varsity Brands [DALLAS] announced that John Hutchinson has joined the Company as Executive Vice President and Chief Financial Officer. Hutchinson joins Varsity Brands from Apple Leisure Group (“ALG”), where he served most recently as President with responsibility for ALG’s resort management, vacation club, and tour operator businesses. Hutchinson joined Apple Leisure Group as Chief Financial Officer in 2013. Prior to his tenure at ALG, Hutchinson served with American Airlines for 24 years, progressing through several finance and planning roles including Senior-Vice President of Planning and Chief Financial Officer of American Eagle, Managing Director of Corporate Development, and Managing Director of International Planning at American Airlines.

Peabody [ST. LOUIS] (NYSE: BTU) announced that the company has named Mark Spurbeck as Interim Chief Financial Officer replacing Amy Schwetz. Spurbeck most recently served as Chief Accounting Officer. Prior to joining Peabody in early 2018, Mark was Vice President of Finance and Chief Accounting Officer at Coeur Mining, Inc. He also previously held multiple positions at Newmont Mining Corporation over an eight-year period, including Group Executive, Assistant Controller. Mark served in several financial positions at First Data Corporation and Deloitte LLP.

COMSovereign Holding Corp. [DALLAS] (OTCQB: DRNE) (formerly Drone Aviation Holding Corp.) announced that it has appointed Brian T. Mihelich as Chief Financial Officer. Kendall W. Carpenter, the Company’s prior Chief Financial Officer, will remain with the Company and retain responsibility for the financial matters relating to its Drone Aviation business operations. Mihelich most recently served as Vice President, Managed Services, and as Head of Operations of the Vodafone account at Ericsson. His experience in the telecom sector includes senior management responsibilities for numerous business relationships including AT&T, Sprint, Vodafone, Napster, Google and Facebook. In addition, he has served with distinction in the U.S. Air Force and has also worked for the U.S. Securities and Exchange Commission.

Chico’s FAS, Inc. [FORT MYERS, FL] (NYSE: CHS) announced that Executive Vice President and Chief Financial Officer Todd E. Vogensen has resigned, effective January 17, 2020, to accept a CFO position with another company. Jennifer Ellis, Senior Vice President, Finance, has been appointed Interim Chief Financial Officer, effective February 3, 2020. Ellis has served as the Company’s Senior Vice President, Finance since July 2018 and prior to that served in various finance roles at the Company, including Vice President, Financial Planning & Analysis from April 2016 to July 2018 and Senior Director, Finance from October 2015 to April 2016. Prior to joining the Company, Ellis served as Vice President, Finance of Tailored Brands, Inc. from March 2013 to October 2015.

Alaska Air Group [SEATTLE] announced that Brandon Pedersen, Chief Financial Officer since 2010, plans to retire on March 2. Shane Tackett, currently Alaska’s executive vice president of planning and strategy will succeed Pedersen. Tackett joined Alaska in 2000 and has led in many capacities across the company. In 2010, Tackett became vice president of labor relations at Alaska Airlines. In 2015, he became responsible for the revenue management and e-commerce functions for Alaska and managed relationships with key commercial technology partners. He was promoted to executive vice president of planning and strategy in 2018.

Ron Hundzinski

TI Fluid Systems [AUBURN HILLS, MI] announced that Ron Hundzinski has been appointed Chief Financial Officer and an Executive Director of the Company. Hundzinski is joining the Company from Tenneco, Inc. where he was Executive Vice President ‑ Finance. During the prior thirty-five years, he has held a variety of leadership positions in finance at Emerson Electric, GKN, Meridian Automotive and BorgWarner. He served as Chief Financial Officer and Executive Vice President of BorgWarner from 2012 through 2018. Ron is also a Non-Executive Director of Gentherm. Ron succeeds Tim Knutson, who has elected to step down from the position to pursue other interests outside of the Company.

Maxeon Solar Technologies [SAN JOSE, CA] announced that Joanne Solomon has been named Chief Financial Officer (CFO) of the company, a planned spin off of SunPower Corporation (NASDAQ: SPWR). Solomon most recently served since 2017 as CFO for Katerra Inc. Prior to this, she worked for 16 years at Amkor Technology, Inc., in various roles including CFO. Solomon began her career at Price Waterhouse.

Cumulus Media Inc. [ATLANTA] (NASDAQ: CMLS) announced that John Abbot, Executive Vice President and Chief Financial Officer, will leave the Company at the beginning of March after it reports its full-year 2019 financial results.

BBQ Holdings, Inc. [MINNEAPOLIS] (NASDAQ: BBQ) announced the appointment of Jim Gilbertson as the new Chief Financial Officer of the Company.  Over the past 20 years Gilbertson has been the Chief Financial Officer of a number of public companies including Children’s Broadcasting Corporation (Radio AAHS), Navarre Corporation, and Granite City Food & Brewery. He also served as Vice President of Business Development and Cable Distribution at iMedia Brands, Inc. and Executive Business Advisor and Board Member of rareEARTH. He most recently served as the CFO of Bluespire, Inc.

Party City Holdco Inc. [ELMSFORD, NY] (NYSE: PRTY) announced that Todd Vogensen has been appointed as Chief Financial Officer of Party City Holdco Inc. (“PCHI”), effective February 3, 2020. From June 2014 to January 2020, Vogensen served as the Executive Vice President and Chief Financial Officer of Chico’s FAS. Prior to joining Chico’s, Todd spent over four years with Michaels Stores from 2005 to 2009 as Corporate Controller, Vice President of FP&A, and Vice President of Merchandising Finance. He previously held finance management positions at Gap, Inc. and Hewlett Packard Company.

NexImmune, Inc. [GAITHERSBURG, MD] announced that John Trainer has been appointed as the Company’s Chief Financial Officer. Trainer most recently served as Vice President and Head of Partnering & Strategy for MedImmune, the biologics-focused R&D unit of AstraZeneca. Previous to that role, Trainer was Vice President, Corporate Development for AstraZeneca and the commercial leader for AstraZeneca’s Infection, Neuroscience and Gastrointestinal group globally.

Prime Capital Investment Advisors [OVERLAND PARK, KS] hired Brian Dillbeck as its first chief financial officer. Most recently, he was the chief financial officer at Lockpath. Prior to Lockpath, Dillbeck held senior financial positions with American Italian Pasta Company and started his financial career with J.P. Morgan Retirement Plan Services in 2001.

ZAGENO [CAMBRIDGE, MA and BERLIN] announced that Robert Cruickshank joined the company as chief financial officer. Most recently Cruickshank has spent more than four years at ezCater, where he held roles as chief administrative officer and CFO. Prior to this, Cruickshank spent almost four years at Amazon Robotics (formerly Kiva Systems) as its CFO and corporate controller. Over nearly a decade, Cruickshank was VP of finance for Aspen Technology.

Sprouts Farmers Market [PHOENIX] (NASDAQ: SFM) announced that Denise Paulonis will join the company as chief financial officer, effective February 21, 2020. Paulonis most recently served as executive vice president and chief financial officer of The Michaels Companies. Paulonis joined Michaels in 2014 and prior to her service as executive vice president and chief financial officer from 2016 to 2019, served in various finance roles within the organization, including senior vice president of finance and treasurer, and vice president of corporate finance, investor relations and treasury. Prior to joining Michaels, Paulonis held various senior level positions with PepsiCo from 2009 to 2014, including vice president of financial planning and analysis of the Frito Lay division, vice president of finance and strategy of PepsiCo U.S. Sales, and vice president of corporate strategy and development. Prior to joining PepsiCo, Paulonis held various senior positions with McKinsey & Company and Bank of America.  Paulonis currently serves on the board of directors of Sally Beauty Holdings, Inc.

Saia, Inc. [JOHNS CREEK, GA] (NASDAQ: SAIA) announced that Douglas Col has been promoted to Vice President and Chief Financial Officer. Col replaces Robert Chambers who returned to his prior employer in a senior executive position after eight months with Saia. Col joined Saia in 2014 as Vice President and Treasurer. Prior to joining Saia, Col spent over twenty years working with transportation-related businesses as an investment analyst, equity fund manager and investment banker.

Perceptron, Inc. [PLYMOUTH, MI] (NASDAQ: PRCP) announced that Bill Roeschlein has been named Interim Vice President, Finance and Chief Financial Officer. Previously, he served as Chief Financial Officer for Intermolecular until its recent acquisition by Merck KGaA, Darmstadt, Germany.  Earlier, he served as Chief Financial Officer for Power Integrations and Selectica, Inc.  He has also served in multiple finance leadership roles with other global companies.  He started his career at Coopers & Lybrand.

Vyome Therapeutics Inc. [PRINCETON, NJ] announced the appointment of Craig Tooman as the Chief Operating Officer (COO) and Chief Financial Officer (CFO). Prior to his position at Vyome, Tooman served as Chief Executive Officer of Aratana Therapeutics. He also spent six years as the Chief Financial Officer and treasurer of Aratana. Previous to Aratana, Tooman served as founder and Chief Executive Officer of Avanzar Medical, Inc. Prior to his time at Avanzar, Tooman served as Chief Financial Officer at Ikaria Inc. and Enzon Pharmaceuticals. Tooman has served on several company boards, including Insite Vision, Xanodyne Pharmaceuticals, and Aratana Therapeutics, and currently serves on the Board of CureVac.

Blucora, Inc. [IRVING, TX] (NASDAQ: BCOR) announced that Davinder Athwal, Chief Financial Officer, will be stepping down from his role at the company, effective January 31, 2020, and will then be available in an advisory capacity through 2020.

Brett M. Carroll

Mercy College [DOBBS FERRY, NY] appointed Brett M. Carroll as Vice President for Finance and Chief Financial Officer. He will join the College on February 1. Carroll currently serves as the Associate Vice President and Treasurer at the University of Hartford. Previously, Carroll spent several years in the financial services industry where he served as Director at UBS Global Asset Management in Hartford, CT, as well as Manager at Landmark Partners in Simsbury, CT. Carroll began his career at Coopers and Lybrand.

HealthcareSource [WOBURN, MA] announced the appointment of Sean Bridgeo as Chief Financial Officer. Bridgeo joins HealthcareSource from TimeTrade, where he served as Chief Financial Officer and Senior Vice President of Operations. Prior to TimeTrade, he was CFO of Cure Forward. Previously, Bridgeo was CFO of NaviNet. Earlier, he held financial management positions with Coventry Healthcare and TJX Corporation.

Todd Taylor

LRES Corporation [ORANGE, CA] announced the addition of Todd Taylor as CFO. Taylor previously served as CFO of a publicly traded financial services firm.

Abott Laboratories [Abbott Park, IL] announced that Brian B. Yoor, Executive Vice President, Finance and Chief Financial Officer, informed Abbott that he will retire as an officer of the company, effective February 29, 2020. The company has appointed Robert E. Funck, Jr. as Executive Vice President, Finance and Chief Financial Officer, effective March 1, 2020. Funck has served as Abbott’s Senior Vice President, Finance and Controller since 2018 and served as Vice President, Controller from 2013 to 2018, as Vice President, Chief Ethics and Compliance Officer from 2009 to 2013, as Vice President, Internal Audit from 2007 to 2009, and as Vice President and Treasurer from 2005 to 2007. He joined Abbott in 1987 and became a corporate officer in 2005.

ALX Oncology [DUBLIN, Ireland and BURLINGAME, CA] announced the appointment of Peter S. García as Chief Financial Officer. García most recently served as Vice President and Chief Financial Officer of PDL BioPharma.

Diversey [FORT MILL, SC] announced that Philip R. Wieland has become interim Chief Executive Officer. Wieland most recently served as the Company’s Chief Financial Officer. Wieland is succeeded in the CFO role by Todd Herndon, who is returning to the Company after holding a series of positions of increasing responsibility over eight years at Diversey Care, including general manager of the Building Care core business, and Vice President of Finance at the time of its acquisition by Sealed Air Corporation. He has since held the CFO role at Gardner Denver. Herndon also served as CFO at Capital Safety.

David Schlett

Prime Therapeutics LLC [EAGAN, MN] welcomed David Schlett as its new chief financial officer (CFO). Schlett held finance leadership positions at Medco and served as Express Scripts’ senior vice president of finance. Most recently Schlett worked for Cambridge Advisory Group, and operated his own independent consultancy.

Barings [CHARLOTTE, NC] appointed Patrick Hoefling to a new role as Chief Financial Officer. Patrick brings over 20 years of experience in the financial services industry and has held a number of senior leadership roles at Barings, including: Treasurer; Head of the Financial Planning and Analysis Group; and a member of Barings’ Global Investment Services Group. Prior to Barings, he worked at Mangan & McColl Partners, and was a consultant in Deloitte’s Private Client Advisory Tax Group.

Mark Massaro

ArcherDX, Inc. [BOULDER, CO] announced Mark Massaro has been appointed Chief Financial Officer. Mark served as Managing Director and Senior Research Analyst covering the Diagnostics and Life Sciences Tools sector at Canaccord Genuity.

Andy Reinland

WatchGuard Technologies, Inc. [SEATTLE] announced that Andy Reinland has been appointed as the chief financial officer (CFO) of WatchGuard. Reinland spent the last 20 years of his career with F5 Networks, where he eventually became CFO. Reinland replaces Rich Barber, who has served as WatchGuard’s CFO for nearly 10 years.

Kubient [NEW YORK] announced the appointment of Josh Weiss as Chief Financial Officer. Prior to Kubient, Weiss served as VP Finance for a privately-held global investment firm focusing on information services, education and technology. Previously, he was Senior Audit Manager – SEC & Transaction Services Practice Group, Assurance Services at Marcum, LLP.

Bright Health [MINNEAPOLIS] announced that Cathy R. Smith is joining as its new chief financial officer. Smith served most recently as CFO of Target Corporation. Prior to joining Target, she was the executive vice president and CFO at Express Scripts. She has also held CFO positions in several other companies, including Walmart International and GameStop.

RealNetworks, Inc. [SEATTLE] (NASDAQ: RNWK) announced that Cary Baker informed the Company of his decision to step down as CFO to pursue a new opportunity. In addition, the Company announced the hiring of Mike Ensing to replace Baker on an interim basis. Ensing most recently served as Chief Financial Officer from 2014 to 2019 of Savers/Value Village. Previously, Mr. Ensing served in Chief Operating Officer and Chief Financial Officer roles at Knowledge Universe, from 2012 to 2014, and in several financial leadership positions at Microsoft Corporation, from 2004 to 2012. Earlier in his career, Mr. Ensing served in various roles at consulting companies, including McKinsey & Co. and Deloitte Consulting.

NetSTREIT [DALLAS] announced the appointment of Andrew P. Blocher as its Chief Financial Officer. Blocher was previously with First Potomac Realty Trust where he served as Executive Vice President, Chief Financial Officer and Treasurer. Prior to his tenure at First Potomac, Blocher served as Senior Vice President, Chief Financial Officer and Treasurer at Federal Realty Investment Trust.

CFO Moves – week ending January 3, 2020

Posted on Written by Leave a Comment

CFO Moves this week include:

EQT Corporation TransEnterix, Inc. Community Health Systems, Inc.
NuVasive, Inc. Aridis Pharmaceuticals, Inc. Mission Valley Bancorp
Avanos Medical, Inc. ION Geophysical Corporation Nielsen
The First of Long Island Corporation Momenta Pharmaceuticals, Inc. AzurRx BioPharma, Inc.
Veeco Instruments Inc. Hamilton Lane Incorporated Landec Corporation
Akerna Corp. Waterstone Properties Group, Inc. CONSOL Energy Inc.

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

EQT Corporation [PITTSBURGH] (NYSE: EQT) announced it appointed David Khani as chief financial officer. Kyle Derham, who has been serving as the company’s interim chief financial officer, will remain with EQT in an executive advisory role to ensure a smooth transition and assist in the execution of EQT’s strategic initiatives before returning to his role as Partner of Rice Investment Group. Khani joins EQT from CONSOL Energy Inc., where he has been executive vice president and chief financial officer since 2013. In addition, Mr. Khani served as a director and chief financial officer of CNX Midstream Partners from its initial public offering in September 2014 until January 2018. Khani also served as vice president of finance of CONSOL Energy Inc. from 2011 until he was named chief financial officer in 2013. Prior to 2011, Khani spent nearly 20 years covering Energy and Natural Resource companies for several investment banks, the last 13 years at FBR Capital Markets.

TransEnterix, Inc. [RESEARCH TRIANGLE PARK, NC] (NYSE American: TRXC) announced that Brett Farabaugh has joined as interim Chief Financial Officer, replacing Joe Slattery who retired December 31, 2019, as previously announced. Farabaugh has served as CFO of Tryton Medical, Inc., since August 2008, and as CEO of Tryton Medical since August 2019. Prior to Tryton Medical, Farabaugh served as CFO of Strikeiron, Inc., from 2006-2008, as Vice President of Finance for Icoria, Inc. (formerly Paradigm Genetics, Inc.), from 2004-2006. Farabaugh also held various roles at Nuada Pharmaceuticals and PricewaterhouseCoopers LLP.

Community Health Systems, Inc. [FRANKLIN, TN] (NYSE: CYH) announced that Kevin Hammons has been appointed Executive Vice President and Chief Financial Officer. Hammons joined Community Health Systems in 1997 and has held numerous financial leadership roles during his more than 20-year tenure. Most recently, he has served as Senior Vice President, Assistant Chief Financial Officer and Treasurer. Hammons succeeds Thomas J. Aaron, who served as the Company’s Executive Vice President and Chief Financial Officer from May 2017 through his retirement on December 31, 2019.

NuVasive, Inc. [SAN DIEGO] (NASDAQ: NUVA) announced the appointment of Matthew K. Harbaugh as executive vice president and chief financial officer (CFO). Harbaugh succeeds Rajesh (Raj) J. Asarpota, who will transition from the Company. Most recently, Harbaugh served as president of the specialty generics business at Mallinckrodt plc. Prior to that, he was Mallinckrodt’s CFO for more than five years. Harbaugh previously held a variety of financial management positions at Covidien Pharmaceuticals, which was spun-off from Covidien plc as Mallinckrodt plc in July 2013. Harbaugh joined Covidien in 2007 and served in several finance and leadership roles, including as CFO and interim president of Covidien Pharmaceuticals. Harbaugh’s prior experience includes nearly 10 years at Monsanto Company, where he held various roles in investor relations and finance as well as two ex-patriate positions.

Aridis Pharmaceuticals, Inc. [SAN JOSE, CA] (NASDAQ: ARDS) announced the appointment of Michael A. Nazak as its Chief Financial Officer (CFO). Nazak, who joined Aridis in November 2018, has been serving as Vice President, Finance and replaces Fred Kurland who has chosen to retire but will continue to support the Company as a consultant. Prior to joining Aridis, he served as Senior Vice President, Finance at Coherus Biosciences, Inc. Previously he was the Senior Director of Finance & Accounting at InteKrin Therapeutics Inc. Prior to that, Nazak served as the Corporate Controller for Reliant Technologies, Inc., and as a Senior Director of Finance & Corporate Controller at Connetics Corporation. Nazak also held Corporate Controller and other finance and accounting positions at Cygnus Solutions (a Red Hat company), and MIPS Computer Systems, and was previously an auditor with Coopers & Lybrand LLP.

Mission Valley Bancorp [SUN VALLEY, CA] (OTCQX: MVLY), the holding company of Mission Valley Bank, announced the appointment of Jeffrey M. Watson as Chief Financial Officer of Mission Valley Bancorp and Mission Valley Bank. Watson succeeds Diane Auten who resigned from the Company and the Bank. Watson will serve in this new role in addition to his current capacity as Chief Operating Officer of Mission Valley Bank.

Michael C. Greiner

Avanos Medical, Inc. [ALPHARETTA, Ga.] (NYSE: AVNS) announced the appointment of Michael C. Greiner as senior vice president and chief financial officer. Greiner most recently served as executive vice president and CFO for AngioDynamics, Inc. Prior to that, Greiner was the CFO at Extreme Reach, Inc.

ION Geophysical Corporation [HOUSTON] (NYSE: IO) announced that Steve Bate, Executive Vice President and Chief Financial Officer, will be retiring and stepping down from his position as CFO effective February 1, 2020. Bate, who joined ION in 2005, will remain with ION as a Strategic Advisor to the CEO until the end of June to facilitate a seamless transition. Bate will be succeeded by Mike Morrison as the Company’s Executive Vice President and Chief Financial Officer (Interim). In his 17-year tenure with ION, Morrison was mostly recently as Vice President of Finance and Treasurer.

Nielsen [NEW YORK] (NYSE: NLSN) announced that Chief Financial Officer and Chief Operating Officer David J. Anderson has resigned.

The First of Long Island Corporation [GLEN HEAD, NY] (NASDAQ: FLIC) announced that Jay P. McConie has been promoted to Executive Vice President and Chief Financial Officer of The First of Long Island Corporation and The First National Bank of Long Island. McConie has been employed as Senior Vice President and Chief Investment Officer of the Bank since 2015. Prior to that time, McConie served as Executive Vice President and Chief Financial Officer of Community National Bank from 2007 to 2015. McConie began his career at KPMG LLP in their Financial Services Group.

Momenta Pharmaceuticals, Inc. [CAMBRIDGE, MA] (NASDAQ: MNTA) announced that it has appointed Young Kwon, Momenta’s Chief Business Officer, to the position of Chief Financial and Business Officer, effective January 8, 2020. Dr. Kwon joined Momenta in 2011 and has served in roles of increasing responsibility since that time. Prior to Momenta, he was at Biogen Idec in business and corporate development. Prior to that, he worked at Advanced Technology Ventures.

AzurRx BioPharma, Inc. [NEW YORK] (NASDAQ: AZRX) announced that Daniel Schneiderman has been appointed to serve as the Company’s Chief Financial Officer. Schneiderman most recently served as Chief Financial Officer for Biophytis, SA (through its U.S. subsidiary Biophytis, Inc.) from November 2018 through December 2019. Previously, Schneiderman served as the Vice President, Finance, Controller and Corporate Secretary for MetaStat, Inc. from February 2012 through October 2018. Schneiderman was Vice President of Investment Banking for Burnham Hill Partners LLC, where he worked from 2008 to 2012. From 2004 through 2008, Schneiderman was Vice President of Investment Banking at Burnham Hill Partners, a division of Pali Capital, Inc. Previously, Schneiderman worked at H.C. Wainwright & Co., Inc. in 2004 as an investment banking analyst. Schneiderrman replaces Maged Shenouda, who left the Company on November 30, 2019 to pursue other career opportunities.

Veeco Instruments Inc. [PLAINVIEW, NY] (NASDAQ: VECO) announced that John P. Kiernan, was promoted to Senior Vice President and Chief Financial Officer (CFO) effective January 1, 2020.  Kiernan, previously SVP of Finance, Chief Accounting Officer and Treasurer, succeeds Shubham (Sam) Maheshwari, who recently announced his resignation from Veeco. Since joining Veeco in 1994, Kiernan has held financial leadership roles of increasing responsibility including leading the controller, financial planning and analysis, tax and treasury teams.  Before joining Veeco, he was a Senior Manager at Ernst & Young LLP.

Hamilton Lane Incorporated [BALA CYNWYD, PA] announced that Atul Varma will join the firm as Chief Financial Officer and Treasurer. He will succeed Randy M. Stilman, who will be retiring from the role after 22 years. Stilman will remain at Hamilton Lane into 2020 to help ensure a smooth transition of his responsibilities. Varma was most recently Head of Business Strategy and Chief Financial Officer of Wealth Management at The Bank of New York Mellon Corporation. Prior to joining BNY Mellon, Varma served as Chief Financial Officer of various divisions of Bank of America Corporation’s Global Wealth and Investment Management group and before that worked in corporate financial planning and analysis at Citigroup, Inc.

Landec Corporation [SANTA CLARA, CA] (NASDAQ: LNDC), with two operating businesses, Curation Foods, Inc. and Lifecore Biomedical, Inc., announced the planned resignation of Gregory S. Skinner for personal reasons. Skinner has served as the Company’s Chief Financial Officer (CFO) and Vice President of Finance and Administration since 1999. The Company also announced that Brian F. McLaughlin, the current CFO of Curation Foods, will succeed Skinner as interim CFO, effective January 8, 2020, in addition to his current role. McLaughlin joined Curation Foods (formerly Apio) in 2015 as CFO. Prior to joining Curation Foods, McLaughlin was Executive Vice President and CFO of Big Idea Holdings, LLC from 2010 until 2015, CFO of EuroFresh Farms from 2008 until 2009, CFO of Driscoll’s, Inc. from 2006 until 2007 and CFO of Fresh Express, Inc. from 1996 until 2006. In addition, he spent 19 years in commercial banking.

John Fowle

Akerna Corp. [DENVER] named John Fowle as chief financial officer (CFO).  Before joining Akerna, he served as CFO for REV360, and as vice-president and controller for WELLTOK.

Bill Comeau

Waterstone Properties Group, Inc. [Needham, MA] announced the hire of Bill Comeau as Chief Financial Officer. Prior to joining Waterstone, Comeau served in senior real estate industry finance roles with WeWork, C-III Capital and DLC Management.

CONSOL Energy Inc. [Canonsburg, PA] announced that David M. Khani, who has been serving as Executive Vice President, Chief Financial Officer and Treasurer, notified the Company of his intent to resign from his positions with the Company. The Company appointed Mitesh Thakkar as the Company’s interim Chief Financial Officer. Thakkar served as Director of Finance and Investor Relations of CEIX and CONSOL Coal Resources LP (“CCR”) since November 2017 and as Director of Finance and Investor Relations of CCR since May 2015. He previously served in various roles in the equity research department of FBR Capital Markets (now part of B. Riley FBR, Inc.) from May 2007 through May 2015. Prior to his work at FBR, he served in various roles at Reliance Engineering Associates (P) Limited from September 2002 through June 2006.

CFO Moves – week ending December 20, 2019

Posted on Written by Leave a Comment

CFO Moves this week include:

National CineMedia, Inc. E-Scape Bio, Inc. Apogee Enterprises, Inc.
STAAR Surgical Company Green Rabbit Allegheny Technologies Incorporated
Sterling Trading Tech Roku, Inc. Immersion Corporation
Covetrus TCF Financial Corporation Zentalis Pharmaceuticals
BGC Partners, Inc. Insteel Industries, Inc. MSC Industrial Supply Co.
C.A. Fortune VillageMD Libbey Inc.
Cars.com Inc. NexTier Oilfield Solutions Univar Solutions Inc.
Oconee Financial Corporation ALSAC RGC Resources Inc.
Freshpet, Inc. Visteon Corporation Schmitt Industries, Inc.
Aurora Spine Corporation Lantern Pharma Epiq
WidePoint Corporation Emerald Scientific, LLC Amerisure Mutual Insurance Company
Iterable Stonebranch Inc. Equitus Corporation
Freddie Mac Workhorse Group Inc. Laboratory for Advanced Medicine
Aileron Therapeutics, Inc. Medical Marijuana, Inc. EXL
Mindshare Unilog

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

National CineMedia, Inc. [CENTENNIAL, CO] (NASDAQ: NCMI) announced that Chief Financial Officer (CFO) Katie Scherping is retiring as of March 12, 2020.

E-Scape Bio, Inc. [SAN FRANCISCO] announced the appointment of Tony Rimac as Chief Financial Officer (CFO). Rimac joins E-Scape Bio from Chrono Therapeutics Inc., where he served as Chief Financial Officer and Chief Business Officer. Prior to Chrono, he also served as CFO of Aldea Pharmaceuticals, Adamas Pharmaceuticals, Inc., and Aerovance, Inc.

Apogee Enterprises, Inc. [MINNEAPOLIS] (NASDAQ: APOG) announced the planned retirement of James S. Porter, the company’s Executive Vice President and Chief Financial Officer.

STAAR Surgical Company [LAKE FOREST, CA] (NASDAQ: STAA) announced that Chief Financial Officer Deborah Andrews plans to retire from the company in 2020.

Doug Allen

Green Rabbit [BRAINTREE, MA] announced the appointment of Doug Allen as chief financial officer. Allen has served as the chief financial officer at companies, including SmartPak Equine, LLC and KUIU, LLC. Previously, he held several senior financial and operations roles at companies such as Granite Telecommunications, Outpost International, LLC, True Partners, LLC and J. Jill.

Don Newman

Allegheny Technologies Incorporated [PITTSBURGH] (NYSE: ATI) announced that effective January 6, 2020, Don P. Newman will join ATI as Senior Vice President, Finance and Chief Financial Officer. He succeeds Pat DeCourcy, who will remain as Senior Vice President and Special Advisor to the CEO until his previously announced retirement on March 31, 2020. Most recently, Newman was Chief Financial Officer at Stelco Holdings Inc. Prior to Stelco, Newman served for six years as Chief Financial Officer of Headwaters Inc. In previous roles, Newman served as Vice President – Controller and Interim Chief Financial Officer at Boart Longyear Limited, and Chief Accounting Officer at ACI Worldwide. At NRG Energy, Inc., Newman held leadership roles in accounting and finance over 12 years. Newman began his career as an auditor at Deloitte LLP.

Sterling Trading Tech [CHICAGO] announced the appointment of Ben Mathews as the company’s new Chief Financial Officer. Mathews most recently was a Controller for a global workplace efficiency training solutions firm.

Roku, Inc. [LOS GATOS, CA] (NASDAQ: ROKU) announced that Chief Financial Officer Steve Louden plans to step down.

Aaron Akerman

Immersion Corporation [SAN JOSE, CA] (NASDAQ: IMMR) announced the appointment of Aaron Akerman as the company’s Chief Financial Officer (CFO). He will begin his employment on January 13, 2020. Akerman joins Immersion from Hypertec Group, where he was its CFO. Earlier in his career, Aaron was the CFO of Lasik MD Group and the VP of Finance for OZ Communications.

Covetrus [PORTLAND, ME] (NASDAQ: CVET) announced that Stuart B. Gleichenhaus has been named interim chief financial officer. Christine T. Komola has departed as the company’s executive vice president and chief financial officer. Gleichenhaus most recently served as senior managing director in the Office of the CFO Solutions practice at FTI Consulting and led the Merger Integration & Carve-outs practice.

TCF Financial Corporation [DETROIT] (NASDAQ: TCF) announced that Dennis Klaeser will step down from his role as chief financial officer on October 1, 2020. At that time, Brian Maass, deputy chief financial officer and treasurer, will assume the role of chief financial officer. Maass assumed the role of executive vice president, deputy CFO and treasurer at TCF following the closing of the merger of equals on August 1, 2019. Prior to the merger, he served TCF as its CFO for nearly four years, and treasurer and chief investment officer for three years. Maass previously held leadership roles at Wells Fargo and Crowe LLP.

Zentalis Pharmaceuticals [NEW YORK & SAN DIEGO] announced the appointment of Melissa Epperly as Chief Financial Officer (CFO). Epperly most recently served as CFO at PsiOxus Therapeutics, and prior to that, CFO and Head of Business Development at R-Pharm US. Previously, Melissa was a Director at Anchorage Capital Group; a Vice President at Goldman Sachs in equity research in New York and London; and a management consultant with Bain & Company. She began her career at Morgan Stanley in New York in healthcare investment banking.

BGC Partners, Inc. [NEW YORK] (NASDAQ: BGCP) has named Steven Bisgay as Chief Financial Officer (“CFO”), effective January 1, 2020. He will replace Sean A. Windeatt, who was Interim CFO. Windeatt will remain in his role as Chief Operating Officer (“COO”) of BGC. Since 2015, Bisgay was CFO of Cantor Fitzgerald, L.P. Prior to his time at Cantor, Bisgay was CFO at KCG Holdings, Inc. and prior to that, he served as CFO and COO, Head of Business Development, Group Controller, and Director of Internal Audit at Knight Capital Group, Inc. Mr. Bisgay was previously a Senior Manager at PricewaterhouseCoopers, LLP.

Insteel Industries, Inc. [MOUNT AIRY, NC] (NASDAQGS: IIIN) announced that Michael C. Gazmarian, Insteel’s Vice President, Chief Financial Officer and Treasurer, will be leaving the Company to pursue other opportunities.

MSC Industrial Supply Co. [MELVILLE, NY] (NYSE: MSM) announced that Rustom Jilla, Executive Vice President and Chief Financial Officer, has decided to step down from his position with MSC effective January 17, 2020 to become chief financial officer of a public global manufacturing company. Greg Clark, the Company’s Vice President of Finance and Corporate Controller, will assume the position of Interim CFO effective following Jilla’s departure. Clark has held various finance positions with the Company since 2003.

C.A. Fortune [CHICAGO] announced Dave Cox as Chief Financial Officer. Cox has 20 years of experience in corporate finance and is joining C.A. Fortune after 15 years working with CareerBuilder, most recently as Vice President of Global Financial Planning and Analysis.

Chris Ricuarte

VillageMD [CHICAGO] announced it hired Chris Ricaurte as chief financial officer (CFO). Ricaurte has more than 20 years of senior executive finance experience and previously served in financial and operational roles at General Electric, Applied Materials and Nortel Networks. Most recently, Ricaurte was the CFO of R1. VillageMD’s current CFO, Ross Levine, will become the company’s chief strategy officer.

Libbey Inc. [TOLEDO, OH] (NYSE American: LBY) announced the appointment of Juan Amezquita as the Company’s senior vice president, chief financial officer and treasurer, effective January 13, 2020. Amezquita will succeed James C. Burmeister, who has served as Libbey’s CFO since March 2017. Burmeister will remain at Libbey and will continue to serve as senior vice president, chief operating officer. Amezquita joins Libbey from Owens-Illinois, where he has served as vice president of strategy and integration since April 2019. Amezquita previously held roles of increasing responsibility in O-I’s finance and treasury functions, beginning in 2005 as Colombia treasurer and culminating in his roles as vice president and treasurer from 2012 to 2015 and vice president of finance and corporate controller from 2016 to April 2019. Amezquita’s earlier experience includes serving as chief financial officer for companies in the business services and health care industries in Colombia, as well as working as an IT system analyst.

Cars.com Inc. [CHICAGO] (NYSE: CARS) announced the resignation of Becky Sheehan, Chief Financial Officer, effective Jan. 10, 2020. Becky has served as CFO of CARS since January 2017. The Company has appointed Jandy Tomy, Vice President of Treasury and Investor Relations, to serve as interim CFO. Jandy has been at CARS since March 2017 and has more than 20 years of public company experience in various financial and accounting roles.

NexTier Oilfield Solutions [HOUSTON] (NYSE: NEX) announced that Kenneth Pucheu, previously Vice President of Finance, has been promoted to Senior Vice President and Chief Financial Officer. Pucheu succeeds Jan Kees van Gaalen, who is leaving the Company to pursue other opportunities. Pucheu served as Vice President of Finance at Keane Group Inc. since 2016 and NexTier since October 2019, following the merger of Keane and C&J Energy Services, Inc. Previously, he worked at Schlumberger Limited for fifteen years in various senior-level positions, including Head of Finance for Drilling and Measurements, and Director of Finance for North America Offshore.

Nicholas W. Alexos

Univar Solutions Inc. [DOWNERS GROVE, IL] (NYSE: UNVR) announced the appointment of Nicholas W. Alexos as executive vice president and chief financial officer, effective January 6, 2020.  Nick will succeed Carl J. Lukach who will transition into the role of executive vice president of corporate development. Alexos joins Univar Solutions after serving as executive vice president, chief financial officer and chief administrative officer at Dentsply Sirona, Inc. Previously he served as a managing director of Madison Dearborn Partners, LLC.

Oconee State Bank [WATKINSVILLE, GA] (OTCQX: OSBK) announced the addition of Jim McLemore as its new Chief Financial Officer. McLemore most recently was CEO of MidSouth Bank. Prior to MidSouth, he was the CFO of Security Bank. Earlier in his career, McLemore also served as CFO for the The Independent Bankers Bank and IberiaBank, as a staff accountant for the Securities and Exchange Commission and as an audit manager at Mauldin & Jenkins.

Abed Abdo

ALSAC [MEMPHIS, Tenn.] the fundraising and awareness organization for St. Jude Children’s Research Hospital, announced that Abed Abdo has joined its team as chief financial officer. Abed was previously the vice president of finance, Americas, at ConvaTec. Prior to that he spent 19 years with Abbott Laboratories, in leadership positions of increasing responsibility where he led the global finance function as division controller of Abbott Molecular Diagnostics and served as area finance director of Latin America for Abbott Nutrition.

RGC Resources Inc. [ROANOKE, VA] (NASDAQ: RGCO) announced Randall “Randy” Burton will join the company effective January 16, 2020 and will be appointed Vice-President, Chief Financial Officer, Treasurer and Secretary. In his previous role as a partner at Brown, Edwards and Company, L.L.P., Burton, served both public and private companies in all areas of assurance and advisory responsibilities. Prior to joining Brown Edwards, Burton was a partner at Cherry Bekaert LLP and a Senior Manager at KPMG. Prior to his extensive public accounting tenure, Burton held several key positions at Advance Auto Parts, Inc. after beginning his career at PricewaterhouseCoopers.

Freshpet, Inc. [SECAUCUS, NJ] (NASDAQ: FRPT) announced that Dick Kassar, Freshpet’s CFO, will transition into the newly created advisory role of Vice Chairman, effective September 30, 2020. In support of this planned CFO transition, Freshpet also announced today the appointment of Heather Pomerantz, currently Vice President of Finance, North America for The Nature’s Bounty Company, to the newly created role of Executive Vice President of Finance, effective January 13, 2020, transitioning into the role of CFO, effective October 1, 2020. Prior to Mrs. Pomerantz’s role at The Nature’s Bounty Company, she had a lengthy career at Unilever and PriceWaterhouseCoopers. Her roles at Unilever included oversight and leadership of many key finance and operations responsibilities, including sales and marketing finance, financial services, controller, supply chain finance and information technology.  At PriceWaterhouseCoopers she was a consultant responsible for ERP implementations.

Jerome Rouquet

Visteon Corporation [VAN BUREN TOWNSHIP, MI] (NASDAQ: VC) announced that Jerome Rouquet has been appointed senior vice president, finance, effective Jan. 21, 2020. Rouquet will become Visteon’s chief financial officer following the filing of the company’s fiscal 2019 financial statements with the Securities and Exchange Commission, replacing William R. Robertson, who has served as interim CFO since Nov. 1, 2019. Rouquet had a 23-year career at Federal-Mogul, where he served as vice president, chief accounting officer and controller from July 2010 to January 2016, and senior vice president and chief financial officer from January 2016 to September 2018. Following the acquisition of Federal-Mogul by Tenneco Inc., Rouquet most recently served as senior vice president, finance, Motorparts, for Tenneco, from October 2018 to December 2019.

Schmitt Industries, Inc. [PORTLAND, OR] (NASDAQ: SMIT) announced that Regina Walker has tendered her resignation as Chief Financial Officer of the Company, effective January 15, 2020.

Aurora Spine Corporation [CARLSBAD, CA] (TSX-V: ASG) announced the appointment of Jana F. Kiena as their Chief Financial Officer (CFO). Kiena began her career with Arthur Anderson and has managed accounting operations in large, mid-sized and start-up companies, both publicly traded and private. Former CFO Sarina Mason resigned from the Company to pursue other opportunities.

Lantern Pharma [DALLAS AND KEARNY, NJ] announced the appointment of David Margrave as Chief Financial Officer. Margrave joins Lantern after having served at BioNumerik Pharmaceuticals, Inc. Margrave served in various positions during his time at BioNumerik, including as President, Chief Administrative Officer and General Counsel.

Vishal Chhibbar

Epiq [NEW YORK] announced that Vishal Chhibbar has joined Epiq as president and chief financial officer. Chhibbar most recently served for 10 years as the executive vice president and chief financial officer for EXL Services. Prior to his role at EXL, Chhibbar has served in numerous leadership roles across the financial sector, including at GE Capital, American Express Bank, and Xerox and has directed initiatives in Australia, New Zealand, South Korea, Indonesia, Malaysia, United States, and India.

WidePoint Corporation [FAIRFAX, VA] (NYSE American: WYY) appointed Kellie Kim as the company’s new Chief Financial Officer (CFO).  Kim has served in a range of senior finance roles throughout her career, including as CFO of Witt O’Brien’s, a wholly-owned subsidiary of Seacor Holdings, CFO of Opus Group, and CFO of Astrium Services Government, a subsidiary of Airbus Defence and Space.

Emerald Scientific, LLC [SAN LUIS OBISPO, CA] announced the appointment of its new Chief Financial Officer, Leigh White. White spent 14 years as a Silicon Valley venture capital investor, starting as a partner with Sunrise Capital, and later leading her own venture lending fund, Contare Ventures. In 2010, White acquired a scientific consulting firm, Alertness Solutions, and served as President until negotiating the 2015 sale of the company to CurAegis Technologies. White then served as Executive Vice President of Business Development for CurAegis until 2018.

Amerisure Mutual Insurance Company [FARMINGTON HILLS, MI] announced its new chief financial officer (CFO) and treasurer, Chris Spaude. Spaude previously served Amerisure as the vice president of finance since 2017. Prior to that, Spaude held numerous other roles in Amerisure’s financial services department including: director of financial planning & analysis and treasury; manager of financial planning & analysis; senior financial analyst; and budget analyst.

Iterable [SAN FRANCISCO] announced that Will Johnson has joined the company as Chief Financial Officer. Johnson held leadership positions at Workday, DemandTec, GuideSpark and others.

Stonebranch Inc. [ATLANTA] announced the promotion of Felix Lademacher to Chief Financial Officer. Prior to his appointment as Chief Financial Officer, he led finance, legal and HR for Stonebranch’s EMEA region. His experience includes progressive roles in both M&A advisory and the corporate finance industry.

Ed Bass

Equitus Corporation [CLEARWATER, FL] announced the appointment of Ed Bass as President and Chief Financial Officer. Bass joins Equitus from Xerox, where he was President of Xerox Business Solutions (XBS), the largest and most successful subsidiary of Xerox. Ed has held several other leadership positions within XBS, including General Manager and CFO. During his career, Ed has also held leadership positions within CP Ships and PricewaterhouseCoopers.

Freddie Mac [McLean, VA] announced that James G. Mackey, Executive Vice President, Chief Financial Officer, notified the company that he is stepping down from his position. Donald Kish, Senior Vice President, Corporate Controller and Principal Accounting Officer, will serve as interim Chief Financial Officer, in addition to his current role. Kish has served as Freddie Mac’s Corporate Controller and Principal Accounting Officer since May 2018. Previously, he served as Vice President, Single-Family Controller, from 2014 to 2018 and as Vice President with responsibility for various accounting and control matters, in support of both the Single-Family Business Division and the Investments and Capital Markets Division, from 2004 to 2014. He joined Freddie Mac in April 2002.

Workhorse Group Inc. [CINCINNATI] (NASDAQ: WKHS) appointed Steve Schrader as the company’s new Chief Financial Officer (CFO). Prior to his appointment, Schrader was CFO of Fuyao Glass America. He was also CFO of Oncology Hematology Care (OHC). He started his career working for utilities that are now part of Duke Energy. His last position there was Vice President and CFO of Cinergy’s Regulated Business prior to Duke’s acquisition in 2006.

Laboratory for Advanced Medicine [IRVINE, CA] announced the appointment of Aarif Nakhooda as Chief Financial Officer. Most recently, Nakhooda led the launch of Amazon retail in Singapore where he was CFO of the business, as well as a member of Amazon Asia Pacific’s Board of Directors. He spent 7 years at Amazon in several leadership roles, including head of finance for Amazon worldwide transportation and worldwide Prime reporting to the CFO. Prior to that, Nakhooda held leadership and strategy roles at EY and at various PE portfolio companies.

Aileron Therapeutics, Inc. [WATERTOWN, MA] (NASDAQ: ALRN) announced the promotion of Richard J. Wanstall to Chief Financial Officer and Treasurer. Wanstall has served as the Company’s Vice President of Finance and Operations and principal accounting officer since 2018. Prior to joining the Aileron team in 2018, Wanstall served as Vice President of Finance at Moderna Therapeutics, Inc.  Prior to Moderna, Wanstall served as Senior Vice President of Global Finance at Stream Global Services, Inc., from 2010 until 2014.  Previously, Wanstall also served in management roles in finance, accounting and SEC reporting for several technology and financial services companies.  Wanstall began his career at Coopers & Lybrand, LLC.

Brooke Beers

Medical Marijuana, Inc. [SAN DIEGO] (OTC: MJNA) announced that it has promoted its VP of Corporate Finance, Brooke Beers, to Chief Financial Officer of the Company. Beers was hired by Medical Marijuana, Inc. in 2017.

EXL [NEW YORK] (NASDAQ: EXLS) announced that Pavan Bagai, who has served as the Company’s President and Chief Operating Officer since 2012, has been appointed Interim Chief Financial Officer. Bagai assumes the Chief Financial Officer role from Vishal Chhibbar.

Mindshare [NEW YORK] announced the appointment of Will Graves as Chief Financial Officer for North America. Graves joins Mindshare from Dentsu Aegis Network, where he served as EVP, leading their Commercial Finance team across the U.S. Prior to that, he was the Chief Financial Officer for Vizeum, and before that, he served as SVP of Finance at IPG’s Initiative Media.  Graves replaces Joe Scangamor, who was Mindshare’s CFO for North America until being promoted to serve as GroupM North America’s CFO in September.

Unilog [WAYNE, PA] announced that it has appointed Hari Gopal as the company’s new CFO. Gopal will succeed Raghavendra GS, who has assumed responsibility as Managing Director over all India-based operations for Unilog. Before joining Unilog, Gopal was the Controller of Hay Group (US), which was acquired by Korn Ferry in 2015. Prior to Hay Group, Hari served in controller positions at Mettler Toledo, and FMC Corporation.

CFO Moves – week ending December 13, 2019

Posted on Written by Leave a Comment

CFO Moves this week include:

Computer Services, Inc. Horizon Global Corporation Community Health Systems, Inc.
Hudson Pacific Properties, Inc. Nordson Corporation Nautilus, Inc.
Fortive Corporation Schlumberger Limited Standard Solar, Inc.
Riverbed Earnin Annaly Capital Management, Inc.
Evaluate Ltd. Super Alert Logic
DHI Group, Inc. One Concern Northwest Biotherapeutics
Planet Fitness, Inc. Stanadyne LLC Waud Capital Partners
Host Hotels & Resorts, Inc. Potbelly Corporation Admera Health, LLC
PeerStream, Inc. Replimune Group Inc. Constellation Brands, Inc.
Fourth Enterprises, LLC Eastman Chemical Company Gates Industrial Corporation plc
Iota Communications, Inc.

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.

+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +

Computer Services, Inc. (CSI) [PADUCAH, KY] (OTCQX: CSVI) announced that Brian K. Brown has been appointed the Company’s Chief Financial Officer. Brown previously served as interim CFO. Brown joined CSI in 2012 and was previously Senior Vice President of Finance and most recently interim Chief Financial Officer. Prior to joining CSI, Mr. Brown served as Vice President, Finance & Accounting Manager for FCB Services, Inc., a subsidiary of Farmers Capital Bank Corp. He previously served as an internal auditor for Farmers Capital Bank and a Financial Institutions Examiner for the Kentucky Department of Financial Institutions.

Horizon Global Corporation [TROY, MI] (NYSE: HZN) announced that it appointed Richard J. Jok as interim Chief Financial Officer. Jok replaces outgoing Chief Financial Officer Jamie G. Pierson, who stepped down from the role. Jok has served as the Company’s Vice President, Financial Planning and Analysis, since August 2019. Prior to joining the Company, Jok served as the Chief Financial Officer of OE Automotive Group, LLC, a wholly owned subsidiary of Crowne Group, LLC, from March 2016 to February 2018. In February 2018, Crowne Group spun off OE Automotive Group, LLC to form Vari-Form Group, LLC. Jok served as Chief Financial Officer of Vari-Form from February 2018 to May 2018. Previously, Jok was employed by Nexteer Automotive Corporation in positions of increasing responsibility from January 2003 to January 2015, ultimately serving as its Chief Financial Officer, Saginaw Division, from March 2011 to January 2015.

Community Health Systems, Inc. [FRANKLIN, TN] (NYSE: CYH) announced that Thomas J. Aaron, Executive Vice President and Chief Financial Officer, will retire from his executive management position on December 31, 2019. Aaron joined Community Health Systems in November 2016 as Senior Vice President of Finance and has served as the Company’s Chief Financial Officer since May 2017. Kevin Hammons, who currently serves as Senior Vice President, Assistant Chief Financial Officer and Treasurer, will be appointed Executive Vice President and Chief Financial Officer immediately following Aaron’s retirement, effective January 1, 2020. Hammons joined Community Health Systems in 1997 and has held numerous financial leadership roles during his more than 20-year tenure. Hammons was appointed Assistant Chief Financial Officer in 2017 and has served as the Company’s Treasurer since 2018. He has also previously served as the Company’s Chief Accounting Officer. Prior to joining Community Health Systems, Hammons served for ten years in various positions in the Assurance and Advisory Services practice at Ernst & Young.

Hudson Pacific Properties, Inc. [LOS ANGELES] (NYSE: HPP) announced the promotion of Mark Lammas, who most recently served as Chief Financial Officer and Chief Operating Officer, and Harout Diramerian is being promoted from Chief Accounting Officer to Chief Financial Officer. Lammas has held a variety of leadership positions at Hudson Pacific since its initial public offering in 2010, including Chief Financial Officer and Chief Operating Officer. He also consulted for the company’s predecessor, Hudson Capital, LLC. Prior to that, Lammas was a senior finance executive for Maguire Properties, Inc. and an attorney for Cox, Castle & Nicholson LLP. Diramerian has been with Hudson Pacific since 2010, most recently serving as Chief Accounting Officer. Prior to joining Hudson Pacific, Diramerian was a vice president of finance and analysis at Thomas Properties Group and worked in the real estate practice groups at Nanas, Stern, Biers, Neinstein and Co. LLP, Arthur Andersen LLP and KPMG LLP.

Nordson Corporation [WESTLAKE, OH] (NASDAQ: NDSN) announced that Gregory A. Thaxton, Executive Vice President and Chief Financial Officer, plans to retire in 2020 after thirty successful years with the company, with the last 12 years as CFO.

Aina Konold

Nautilus, Inc. [VANCOUVER, WA] (NYSE: NLS) announced that Aina Konold has been appointed Chief Financial Officer. Previously, Konold held several executive level finance positions during her 20-year career with Gap, Inc. including senior leadership roles across financial planning and analysis, real estate strategy, and investor relations. Most recently, she was the founding CFO for Gap Inc. in China.

Fortive Corporation NewCo [EVERETT, WA] (NYSE: FTV) announced the appointment David H. Naemura as Chief Financial Officer of NewCo, a global industrial company that Fortive previously announced it will form as part of its planned separation into two independent, publicly traded companies. Naemura will assume their respective roles with NewCo in the first quarter of 2020. Fortive continues to expect to complete the separation in the second half of 2020. Naemura joins NewCo from Gates Industrial Corporation, where he has served as CFO for five years. Prior to his time at Gates, Naemura held numerous financial leadership positions at Danaher Corporation, including VP of Finance and Group CFO overseeing many of the businesses within the NewCo portfolio.

Schlumberger Limited [HOUSTON] (NYSE: SLB) announced that Simon Ayat, Executive Vice President and Chief Financial Officer, will step down from this position effective January 22, 2020. Ayat, who joined the Company in 1982, will remain with Schlumberger as Senior Strategic Advisor to the Company’s Chief Executive Officer for a period of two years. Ayat will be replaced by Stephane Biguet as the Company’s Executive Vice President and Chief Financial Officer. In a 24-year career with Schlumberger, Biguet has held senior positions in finance and operations at the field and headquarters levels. Prior to his current assignment he held the position of Vice President, Finance of Schlumberger Limited.

Standard Solar, Inc. [ROCKVILLE, MD] announced the promotion of Dan Dobbs to chief financial officer. Dobbs moves into the CFO role from Executive Vice President, Structured Finance. He joined the organization in December 2018, coming to Standard Solar from SunEdison and Solar Grid Storage.

Ian Halifax

Riverbed [SAN FRANCISCO] announced that Ian Halifax has been appointed Chief Financial Officer (CFO). Halifax most recently served as CFO at ON24, He also held public company CFO roles at: Macrovision (now TiVo); Micromuse (acquired by IBM); Wind River Systems; and at Tintri. Halifax has held private company CFO roles at Host Analytics and Grass Valley. In the early part of his career, he held finance positions at Sun Microsystems and KPMG. Halifax also spent time at IBM following its acquisition of Micromuse, and at Intel following its acquisition of Wind River Systems.

Earnin [PALO ALTO, CA] announced that Sean Delehanty has joined the company as Chief Financial Officer. Delehanty comes to Earnin from Symantec where he was Senior Vice President of Finance. Prior to that, he was a 13-year veteran of Silver Lake.

Annaly Capital Management, Inc. [NEW YORK] (NYSE: NLY) announced that it has appointed Serena Wolfe as Chief Financial Officer. The Company also announced that Glenn Votek, the Company’s Chief Financial Officer and interim Chief Executive Officer and President, has stepped down from his role as Chief Financial Officer. Mr. Votek will continue to serve as interim Chief Executive Officer and President and as a member of the Company’s Board of Directors. Wolfe most recently served as a Partner at Ernst & Young (“EY”) since 2011 and as its Central Region Real Estate Hospitality & Construction (“RHC”) leader from 2017 to November 2019. Wolfe was previously also EY’s Global RHC Assurance Leader.

Evaluate Ltd. [LONDON & BOSTON & TOKYO] announced the appointment of Martyn Hindley as Chief Financial Officer. Hindley succeeds Nick Southwell, who joined Evaluate as Interim CFO in December 2016, prior to being appointed as CFO in September 2017. Hindley most recently served as CFO of Global Reach Group, and also held executive roles at Equiniti Group Ltd., Quadriga Worldwide Ltd, Aquascutum and Emap International Ltd.

Nilanshu Raja

Super [SAN FRANCISCO, CA] announced the appointment of Nilanshu Raja as Chief Financial Officer. Previously, Raja served as the SVP Finance & Operations at Kidaptive. He has spent more than 15 years in global finance and operations across early stage and FORTUNE 100 companies, including Microsoft. He was also founder of MediCorp, a healthcare startup that was later acquired.

Alert Logic [HOUSTON] announced that Amanda Nevins has joined as Chief Financial Officer.

DHI Group, Inc. [NEW YORK] (NYSE: DHX) announced that Kevin Bostick has joined as Chief Financial Officer. Bostick most recently served as partner and CFO of Level 5 Capital Partners. Bostick has a long career of serving as Chief Financial Officer for a number of companies in Denver including 365 Data Centers (where he was also president), Elevation DC, Local Insight Media and New Global Telecom. The Company also announced Luc Grégoire, who has served as CFO since November 2016, is leaving the Company by mutual agreement. Mr. Grégoire will continue to be employed by the Company in an advisory capacity during the transition through February 2020.

William Atkins

One Concern [MENLO PARK, CA] has hired William Atkins as Chief Financial Officer. Atkins served as CFO at a number of successful technology companies – including companies with public listings as well as those backed by venture capital and private equity interests. Atkins previously worked at Morgan Stanley for nearly a decade and held several leadership roles there, including serving as deputy head of investment banking in Tokyo.

Northwest Biotherapeutics (NW Bio) [BETHESDA, MD] (OTCQB: NWBO) announced the addition of Jean M. Davis as Chief Financial Officer, Chief Accounting Officer, and interim Chief Information Officer. Ms. Davis comes to NW Bio from BDO USA LLP, where she was a Risk Advisory Senior Manager.

Tom Fitzgerald

Planet Fitness, Inc. [HAMPTON, NH] (NYSE: PLNT) announced that Tom Fitzgerald has been appointed Chief Financial Officer, joining the company in January. Fitzgerald will succeed Dorvin Lively who has served as Planet Fitness’ Chief Financial Officer since July 2013, and was promoted to Chief Financial Officer and President in April 2017. Lively will be continuing in his role as President. Prior to joining Planet Fitness, Fitzgerald was Chief Financial Officer and Senior Vice President at Potbelly Sandwich Works. Prior to Potbelly, he served in varying leadership roles at Charming Charlie Inc. including President and Chief Financial Officer, and Chief Administrative Officer. Previously, Fitzgerald served as Chief Administrative Officer of Sears Canada. Additionally, he held several leadership positions at Liz Claiborne, was Chief Financial Officer at Burlington Coat Factory, and served as Chief Operating Officer of Bath & Body Works. Fitzgerald began his career at PepsiCo, where he held various leadership roles in finance and planning.

Stanadyne LLC [WINDSOR, CT] announced that Costas Loukellis has been appointed Vice President and Chief Financial Officer. He replaces Stephen Langin, Chief Financial Officer, who retired from the company on December 1. Loukellis most recently served as Vice President of Financial Planning & Analysis at Pratt & Whitney, a division of United Technologies (UTC) where he spent 38 years prior to retiring in January 2019. Loukellis served in a number of global financial executive roles during his career at UTC including Vice President, Operations Finance and CFO of Aerospace Power Systems, both at Hamilton Sundstrand, and Operations Finance Director at Carrier.

Waud Capital Partners [CHICAGO] announced Shay Gonen as Chief Financial Officer. Gonen was previously with Intralinks, and previously served as CFO/COO of ClickSoftware.

Host Hotels & Resorts, Inc. [BETHESDA, MD] (NYSE: HST) announced that Michael D. Bluhm, the Company’s Executive Vice President and Chief Financial Officer, will step down at the end of 2019 to resume his career in investment banking as Managing Director and Global Head of Lodging for Morgan Stanley, based in Los Angeles. Brian G. Macnamara, Host’s Senior Vice President and Corporate Controller, will serve as principal financial officer on an interim basis, effective January 1, 2020.

Potbelly Corporation [CHICAGO] (NASDAQ: PBPB) announced that Tom Fitzgerald is stepping down from his position to accept a senior leadership position with another company. Fitzgerald will continue in his current position as Chief Financial Officer (“CFO”) until December 27, 2019 to ensure a smooth transition.

Admera Health, LLC [SOUTH PLAINFIELD, NJ] welcomed Omar Karame as Chief Financial Officer. Prior to joining Admera Health, Karame was CFO of an energy technology company in addition to heading M&A activities for several different businesses, including a Fortune 500, NYSE listed contractor, an NYSE listed healthcare company and a $1.4 billion industrial holding company. In addition, Mr. Karame spent several years in private equity, venture capital, and investment banking.

PeerStream, Inc. [NEW YORK, NY] (OTCQB: PEER) announced the appointment of Kara Jenny as Chief Financial Officer. Alexander Harrington has been serving as the Company’s Principal Financial Officer since May 2019, in addition to his responsibilities as Chief Executive Officer. Jenny served as a financial consultant to the Company since May 2019. Most recently, and since 2014, Jenny was Chief Financial Officer of Walker Innovation.  Previously, she was the Chief Financial Officer of Bluefly, Inc. Ms. Jenny began her career at Arthur Andersen LLP.

Replimune Group Inc. [WOBURN, MA] (NASDAQ: REPL) announced the appointment of Jean M. Franchi as Chief Financial Officer. Franchi spent 16 years at Genzyme, and spent her final eight years at Genzyme as the Senior Vice President of Finance for all nine business units and then Senior Vice President of Corporate Finance working alongside the Chief Financial Officer. Most recently, Ms. Franchi served as the Chief Financial Officer for Merrimack Pharmaceuticals.

Garth Hankinson

Constellation Brands, Inc. [VICTOR, N.Y.] (NYSE: STZ and STZ.B) announced that Garth Hankinson has been promoted to Executive Vice President and Chief Financial Officer (CFO), effective January 13, 2020. Hankinson succeeds David Klein, who will leave his role with Constellation Brands on January 13 to become Chief Executive Officer at Canopy Growth, which is anticipated to be effective January 14. Hankinson joined Constellation Brands in 2001. In his most current role, he serves as Senior Vice President, Corporate Development. Prior to joining Constellation Brands, Hankinson served in a number of roles spanning more than eight years in strategy and finance at Xerox and Citi.

Fourth Enterprises, LLC, parent company of HotSchedules [AUSTIN, TX and LONDON] announced the appointment of John Whitmarsh as Chief Financial Officer. Prior to joining the team, Whitmarsh served as the CFO of Vyze, which was recently acquired by MasterCard. Previously, Whitmarsh was the CFO for Zenoss Inc. He also held CFO roles at Century Payments (Worldpay), Misys Transactions Services (Allscripts), Digital Motorworks (ADP) and MessageOne (Dell).

Eastman Chemical Company [KINGSPORT, TN] (NYSE: EMN) announced that, after nearly 25 years of service, Curtis E. Espeland, Executive Vice President and Chief Financial Officer, will be succeeded on Feb. 28, 2020 by current Vice President, Finance William T. McLain, Jr. Espeland will continue to serve as Executive Vice President to assist the Executive Team with finance organization transition, corporate strategy, and portfolio optimization until his retirement in mid-2020. McLain joined Eastman in 2000. Most recently, McLain has served as Vice President, Finance. He has previously served as Corporate Controller; Treasurer; and Director, Finance for Asia Pacific. Prior to Eastman, McLain worked for public accounting firm PricewaterhouseCoopers.

Gates Industrial Corporation plc [DENVER] (NYSE: GTES) announced that David Naemura, Chief Financial Officer, will depart the company effective January 31st, 2020. Mr. Naemura is leaving to become the CFO of a new company to be formed by Fortive in association with its planned separation into two independent publicly traded companies. David Wisniewski, Senior Vice President and Chief Accounting Officer, will assume the responsibility of interim CFO while the company conducts its search for a new CFO. Wisniewski joined Gates in April of 2018 and is well qualified to serve in this interim role. Prior to joining Gates, he held roles of increasing responsibility in the finance and accounting functions at General Motors Company, most recently as Global Business Services CFO, and was previously a partner at Ernst & Young.

Iota Communications, Inc. [ALLENTOWN, PA] (OTCQB: IOTC) announced the appointment of Jim Dullinger as Chief Financial Officer (“CFO”). Prior to joining Iota, Dullinger served as Director of Finance and Accounting Advisory Services at Centri Business Consulting. Dullinger began his career in public accounting with 10 years of combined experience at KPMG and PwC.

%d bloggers like this: