CFO Moves

Tracking CFO Movement Across the USA

CFO Moves – week ending May 31, 2019

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CFO Moves this week include:

CF Industries Holdings, Inc. MACOM Technology Solutions Holdings, Inc. OrthoLite
Bento for Business Ametros TFF Pharmaceuticals, Inc.
Harrison Poultry D.A. Davidson Companies Buchanan & Edwards Inc.
StorONE Semma Therapeutics, Inc. Blue Canyon Technologies
Regulatory DataCorp, Inc. Pelican Products, Inc. Intelsat
Fluor Corporation LyondellBasell Emmaus Life Sciences, Inc.
Protagonist Therapeutics, Inc. Vistra Energy Corp. Sirnaomics, Inc.
Conn’s, Inc. Neology, Inc. Lamar Advertising Company
Capsule8 Crestline Hotels & Resorts TrueCar, Inc.
Stay Alfred Frank’s International N.V. CSX Corporation
Navigating Cancer Dentsply Sirona Inc. Cipherloc Corporation
Liquidia Technologies, Inc. DiamondRock Hospitality Company

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

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

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

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CF Industries Holdings, Inc. [DEERFIELD, IL] (NYSE: CF) announced that Dennis P. Kelleher, senior vice president and chief financial officer, has informed the company he will retire from CF effective September 1, 2019. Christopher D. Bohn, senior vice president, manufacturing and distribution, has been selected to succeed Kelleher as chief financial officer effective September 1, 2019. Bohn has held roles of increasing responsibility at CF including senior vice president, supply chain, and vice president, corporate planning. Prior to joining CF, Bohn served as chief financial officer for Hess Print Solutions. Earlier in his career, he was vice president, global financial planning and analysis for Merisant Worldwide, Inc.

MACOM Technology Solutions Holdings, Inc. [LOWELL, MA] (NASDAQ: MTSI), announced the appointment of John F. Kober as Senior Vice President and Chief Financial Officer. Kober has over 25 years of accounting and finance experience, and has served as MACOM’s Vice President and Corporate Controller since 2015. Prior to that, he served as Vice President, Corporate Controller and Treasurer at CIRCOR International Inc.

OrthoLite [AMHERST, MA] announced the hiring of Milton Brice as Chief Financial Officer. Brice has previous experience in managing emerging markets both in Asia and South America with The Hershey Company. He also held international and domestic positions with brands such as DICK’s Sporting Goods, Nike and Under Armour, among others.

Bento for Business [CHICAGO & SAN FRANCISCO] announced the appointment of Paula Bachman as Chief Financial Officer. Bachman comes to Bento from Networked Insights.

Nicole Sauk

Ametros [WILMINGTON, MA] has promoted Nicole Sauk to Chief Financial Officer. Sauk joined Ametros in 2014; most recently she served as the Senior Vice President of Finance and Operations.

TFF Pharmaceuticals, Inc. [AUSTIN, TX] announced the appointment of Kirk Coleman as Chief Financial Officer. Since 2012, Mr. Coleman has also served as an executive officer of Steelhead Capital Management, LLC, and Bios Partners, LP. From 1998 to 2008, he was Treasurer for EFO Holdings, LP.

Jamie Vincent

Harrison Poultry [BETHLEHEM, GA] announced James I. Vincent has joined as Executive Vice President and Chief Financial Officer (CFO). Before joining Harrison Poultry, Vincent was the Controller for Wayne Farms LLC. Before joining Wayne Farms, Vincent spent ten years at ChoicePoint, Inc. in positions of increasing responsibility, including serving as VP and CFO of the company’s Government Services Segment and of its Public Records Group. Before joining ChoicePoint, Vincent was with Equifax, Inc. for five years, and before that spent five years with Arther Andersen LLP.

D.A. Davidson Companies [SEATTLE] announced that Scott Witeby has been named the company’s chief financial officer and a member of D.A. Davidson’s executive leadership team. Witeby joins D.A. Davidson from Lincoln Financial Group, where he served as CFO of Lincoln Financial Network, Lincoln’s retail wealth management business. He previously held senior finance roles during 10 years with LPL Financial, and began his career as a public accountant with Ernst & Young. Witeby replaces Tom Nelson, who has announced his plan to retire in 2020. Nelson has served as the firm’s CFO since 2001.

Buchanan & Edwards Inc. [WASHINGTON] announced that it has appointed Carter Wood as chief financial officer. Most recently, Wood was director of financial reporting for Cognosante. Earlier, Wood served as CFO with Buchanan & Edwards from 2010 to 2015. Prior positions include director of accounting for CGI and working as a public accountant and senior auditor with Deloitte.

StorONE [NEW YORK] named Gil Vassoly as its new CFO. Vassoly comes to StorONE from Gibbs International Inc., where he served as the COO and CFO. Prior to Gibbs International, he served as a principal The Gore Group. Previously, Vassoly worked in a variety of management and executive positions within KLA and was an audit manager at PriceWaterhouseCoopers.

Semma Therapeutics, Inc. [CAMBRIDGE, MA] announced that it has expanded its leadership team with the addition of Mary Kay Fenton as Chief Financial Officer. Fenton most recently was Executive Vice President and Chief Financial Officer of Achillion Pharmaceuticals. Prior to joining Achillion, Fenton was with PricewaterCoopers LLP.

Blue Canyon Technologies [BOULDER, CO] announced the appointment of Sam Francis as Chief Financial Officer (CFO). Prior to AVL he was a principal at Tatum, LLC.

Regulatory DataCorp, Inc. [KING OF PRUSSIA, PA] announced the hiring of Fabrizio Ferronato as Chief Financial Officer. Ferronato joined RDC following two years as the Chief Financial Officer at BridgeTower Media and numerous finance leadership roles at Thomson Reuters.

George Platisa

Pelican Products, Inc. [TORRANCE, CA] announced that George Platisa has been hired as Chief Financial Officer. Platisa has worked at companies such as Belkin International, Price Waterhouse, Walt Disney Company, Broadband Sports, and Ascent Media Corporation.

Intelsat [LUXEMBOURG & MCLEAN, VIRGINIA],(NYSE: I) announced the appointment of David M. Tolley as Executive Vice President and Chief Financial Officer. Tolley most recently served as the Chief Financial Officer of OneWeb. Prior to OneWeb, Tolley served as a Senior Managing Director in the Private Equity Group at Blackstone, where during this period he was Chairman of the Board of Directors of NewSkies Satellites N.V. Prior to Blackstone, he was a Vice President at Morgan Stanley in the Investment Banking Division. Tolley currently serves on the board of directors of ExteNet Systems and the Smithsonian National Air and Space Museum. Tolley replaces Jacques Kerrest, the retiring CFO.

Michael Steuert

Fluor Corporation [IRVING, TX] (NYSE: FLR) announced that D. Michael Steuert has been appointed chief financial officer (CFO) , succeeding Bruce Stanski, who will support the office of the chief executive officer (CEO) focused on analyzing the company’s investments and joint ventures in line with the previously announced strategic review. Steuert served as Fluor’s CFO from 2001 to 2012. Prior to his previous stint at Fluor, Steuert served as SVP and CFO of Litton Industries, and as CFO of GenCorp, Inc. from 1990 to 1999. He was formerly a member of the National Financial Executives Institute and the Carnegie Mellon Council on finance.

LyondellBasell [HOUSTON and LONDON] (NYSE: LYB) announced that Thomas Aebischer, executive vice president and chief financial officer, has announced his intention to retire at the end of 2019. Aebischer joined LyondellBasell in January 2016.

Emmaus Life Sciences, Inc. [TORRANCE, CA] announced the appointment of Joseph “Jay” C. Sherwood III to succeed Kurt Kruger as Chief Financial Officer. Kruger will stay on as a consultant to the company. Mr. Sherwood has over 30 years of investment banking experience, most recently as the Los Angeles Partner at G.C. Andersen Partners, LLC. Prior to joining G.C. Andersen Partners, Mr. Sherwood was Senior Managing Director at McGladrey Capital Markets. Prior to McGladrey, he was Senior Managing Director at FTI Capital Advisors, a subsidiary of FTI Consulting, Inc.

Protagonist Therapeutics, Inc. [NEWARK, CA] (NASDAQ: PTGX) announced the appointment of Don Kalkofen as Chief Financial Officer. Prior to joining the Protagonist Therapeutics team, Kalkofen served in an advisory role as Senior Advisor, Finance, to the Company. Kalkofen has had an extensive consulting career and held positions including the Chief Financial Officer at App Annie; Assistant Controller at Align Technology; Vice President of Finance at Simplifier Corporation and Chief Financial Officer of Innovative Bank. Earlier in his career, Mr. Kalkofen served as the Chief Financial Officer for West Coast Bancorp, Pinnacle Bank and DecisionPoint Applications. He started his career at PricewaterhouseCoopers.

Vistra Energy Corp. [IRVING, TX] (NYSE: VST) announced the appointment of David A. Campbell as executive vice president and chief financial officer. Campbell replaces outgoing CFO, J. William “Bill” Holden, who has announced his resignation to pursue other opportunities. Campbell previously worked for Vistra’s predecessor companies. Campbell most recently served as the president and chief executive officer of InfraREIT, Inc., from August 2014 through May 2019. Prior to his role at InfraREIT, he was president and chief operating officer of Bluescape Resources. Campbell also previously served as chief executive officer of Luminant when it was a subsidiary of Vistra’s predecessor parent company, Energy Future Holdings. He originally joined TXU Corp., the predecessor to EFH, in 2004 as executive vice president of corporate planning, strategy, and risk, and became chief financial officer of TXU in 2006. Prior to joining TXU, Mr. Campbell was a principal in the Dallas office of McKinsey & Company.

Sirnaomics, Inc. [GAITHERSBURG, MD] announced the appointment of Allan L. Shaw as the company’s Chief Financial Officer (CFO). Shaw currently serves on the board of directors of Vivus Inc., as well as being involved with a portfolio of healthcare activities. Previously Mr. Shaw took Syndax Pharmaceuticals, Inc. public as its Chief Financial Officer and also served as Managing Director of Alvarez & Marsal, and led their biopharmaceutical consulting practice.  Mr. Shaw has also served as the Chief Financial Officer of Serono S.A., NewLead Holdings Ltd. and Viatel, Inc.

Conn’s, Inc. [WOODLANDS, TX] (NASDAQ: CONN) announced that Lee Wright has been named Executive Vice President and Chief Operating Officer. Wright joined Conn’s in June 2016 as the Company’s Chief Financial Officer. George Bchara was promoted to Chief Financial Officer. Bchara joined Conn’s as Vice President and Chief Accounting Officer in December 2016. Prior to joining the Company, he served as Senior Vice President and Chief Accounting Officer of BankUnited, from March 2013 to December 2016, and served as Vice President and Loan Controller from June 2011 to February 2013. Prior to BankUnited, Bchara was a Manager with the global professional services firm, PwC, where he worked from January 2007 until May 2011.

Neology, Inc. [SAN DIEGO] announced the appointment of Charles Padgett as Chief Financial Officer and Member of its Board of Directors. Prior to joining Neology, Padgett was the Chief Financial Officer for Verimatrix, Inc. Padgett has held executive positions at Kofax, EMC, Captiva, Boeing, Wireless Facilities, Inc., The Walter Group and KPMG.

Lamar Advertising Company [BATON ROUGE, LA] (NASDAQ: LAMR) announced that Jay Johnson has been appointed Chief Financial Officer effective October 1, 2019. Johnson has served as Executive Vice President and Chief Financial Officer of DiamondRock Hospitality Company (NYSE: DRH) since April 2018. Prior to joining DiamondRock, Mr. Johnson served as Senior Vice President and Treasurer at Host Hotels & Resorts (NYSE: HST). Johnson will succeed Keith Istre, who announced in January his intent to retire from Lamar on December 31, 2019. Istre will become Chief Financial Officer Emeritus on October 1, 2019. Prior to Host Hotels & Resorts, Johnson served in a variety of banking roles at KeyBank Real Estate Capital and Bank of America. Prior to those roles, he was in the management consulting practice of Deloitte & Touche LLP, the investment banking group at Prudential Securities and the industrial markets trading division of Enron Corporation.

Capsule8 [NEW YORK] announced the appointment of Scott Kenerly as Chief Financial Officer (CFO). Kenerly joins from Argyle Executive Forum, LLC, where he most recently served as the firm’s CEO. Previously, Scott had successful tenures at several companies, including with ThreatGRID, Inc. (acquired by Cisco Systems, Inc.).

Ed Hoganson

Crestline Hotels & Resorts [FAIRFAX, VA] announced the appointment of Edward Hoganson as Executive Vice President, Chief Financial Officer & Chief Investment Officer for the Company.  Ed rejoins Crestline from Hospitality Investors Trust, Inc. (HIT) where he served as Chief Financial Officer and Treasurer. Ed began his career with Deloitte & Touche before joining Marriott International where he held various finance positions.

Noel B. Watson

TrueCar, Inc. [SANTA MONICA, CA] (NASDAQ: TRUE) announced that Noel B. Watson has been appointed EVP and Chief Financial Officer. Watson joins TrueCar after spending the last thirteen years with TripAdvisor, where his current role is VP Finance & Chief Accounting Officer. Watson began his career as a CPA at Arthur Andersen and subsequently held management positions at ArrAy Inc. and Way Systems prior to joining TripAdvisor in 2006.

Steve Helmbrecht

Stay Alfred [SPOKANE, WA] announced the addition of Steve Helmbrecht as President and CFO. Helmbrecht is former CFO of Itron, Inc.

Frank’s International N.V. [HOUSTON] (NYSE: FI) announced that Melissa Cougle has been named Chief Financial Officer (“CFO”). She succeeds Kyle McClure, who has decided to leave the Company to pursue other opportunities. Cougle most recently served as CFO of National Energy Services Reunited (NESR). She previously worked 13 years for Ensco plc (ESV), where she held multiple senior positions in treasury, capital management, finance and administration, corporate accounting, internal audit, management reporting and financial systems. Cougle began her career in the audit and consulting practices of Arthur Andersen LLP which became Protiviti.

CSX Corporation [JACKSONVILLE, FL] (NASDAQ: CSX) announced the departure of executive vice president and chief financial officer, Frank A. Lonegro. The company appointed Kevin Boone as interim chief financial officer. Boone joined CSX in September 2017 as vice president of corporate affairs and chief investor relations officer and most recently was vice president of marketing and strategy. Boone has held various positions in organizations such as Janus Capital, Morgan Stanley, Merrill Lynch and Ernst & Young.

Dentsply Sirona Inc. [CHARLOTTE, N.C.] (NASDAQ: XRAY) announced that Nicholas W. Alexos, the Company’s Executive Vice President and Chief Financial Officer, will be leaving the Company in connection with the relocation of its headquarters.

Cipherloc Corporation [AUSTIN, TX] (OTCQB: CLOK) announced the appointment of Gino J. Mauriello as Chief Financial Officer. Mauriello replaces Jim Sullivan, who resigned as CFO. Mauriello has run his own CPA firm since 2003. He previously served as a Director and CFO for Cipherloc during 2016 and 2017. He is currently Cipherloc’s controller.

Liquidia Technologies, Inc. [RESEARCH TRIANGLE PARK, N.C.] (NASDAQ: LQDA) announced the appointment of Dr. Richard D. Katz as Chief Financial Officer (CFO). Most recently, he served as CFO at Argos Therapeutics.  Prior to his time at Argos, Dr. Katz served as CFO at several biopharmaceutical companies including Viamet Pharmaceuticals and Icagen, Inc. Dr. Katz had worked as a vice president in the healthcare group of the investment banking division of Goldman, Sachs & Company.

DiamondRock Hospitality Company [BETHESDA, Md.] (NYSE: DRH) announced that Executive Vice President & Chief Financial Officer, Jay Johnson, will be stepping down from his role effective August 31, 2019, in order to assume the position of Chief Financial Officer of Lamar Advertising Company. Johnson has served as DiamondRock’s Chief Financial Officer since April 1, 2018.

CFO Moves – week ending May 24, 2019

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CFO Moves this week include:

Schindler Elevator Corporation Unum Group Empire State Realty Trust, Inc.
Legacy Education Alliance, Inc. Munich Re Life US Kymeta
Snap Inc. DentaQuest DNAnexus, Inc.
GeoStabilization International Lannett Company, Inc. Speakap
Western Industries Plastic Products LLC Vitamin Shoppe, Inc. Socket Mobile, Inc.
Towerstream Enfission Finjan Holdings, Inc.
Skyword Colony Bankcorp, Inc. Cure Pharmaceutical
Cantel Medical Corp. Oracle Elevator AKHAN Semiconductor
L&R Distributors Pine Brook RentPath
Bertram Capital First Sound Bank Canterbury Park
Centage Corporation

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

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

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

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

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Schindler Elevator Corporation [MORRISTOWN, NJ] announced that Sneh Virdi has joined the company as Chief Financial Officer for its US Operations. Ms. Virdi joins Schindler from Legrand, where she was Vice President Finance, Electrical Wiring Systems, North and Central America. Prior to Legrand, she held various positions with United Technologies.

Unum Group [CHATTANOOGA, TN] (NYSE: UNM) announced that John F. “Jack” McGarry, executive vice president and chief financial officer since 2015, will retire from the company effective October 31, 2019. Steven A. Zabel, president of Unum’s closed block of business, will assume the role of executive vice president and chief financial officer effective July 1, at which time McGarry will move into a role supporting a smooth transition until his retirement. Zabel joined Unum in 2013 as senior vice president and chief risk officer. He became president of Unum’s closed block of business in 2015. He began his career with Ernst & Young as an auditor of life and health insurance companies, then moved to Americo Life where he was responsible for financial reporting. Later he spent more than 9 years with Genworth Financial in senior finance roles, including chief financial officer for insurance products.

Empire State Realty Trust, Inc. [NEW YORK, NY] (NYSE: ESRT) announced that David A. Karp will be stepping down from his role as Executive Vice President and Chief Financial Officer for personal reasons, effective August 1, 2019. In accordance with the Company’s bylaws, Andrew J. Prentice, Chief Accounting Officer and Treasurer, will serve as acting chief financial officer while the Company conducts a search for a permanent successor.

Legacy Education Alliance, Inc. [CAPE CORAL, FL] (OTCQB: LEAI) announced it has appointed Michael English as its Interim Chief Financial Officer (“ICFO”). Mr. English succeeds Christian A.J. Baeza, former Senior Vice President and Chief Financial Officer, whose employment with the Company terminated on May 20, 2019. Since October 2016 through April 2019, English served in a variety of CFO and CFO consulting roles including, CFO advisory partner at Aventine Hill Partners, Alternate Health Corp., and Peak Health Corp. From July 2011 to July 2016, he served as CFO for Zix Corporation and Controller from June 2007 to June 2011. Prior to that, Mr. English was Vice President of Finance for Advanced Fiber Communications from March 2004 through June 2005, and Vice President of Finance for Marconi, PLC from June 1999 to February 2004. Previously, he served as Division Controller for the Access Division of RELTEC Corporation, Division Controller at Rockwell Automation and Division Controller at Reliance Electric Company.

Munich Re Life US [NEW YORK, NY] announced that Quentin Marsh has been appointed Chief Financial Officer, US Life and Health. Marsh most recently was Vice President in the Global Financial Solutions unit of Reinsurance Group of America (RGA). Marsh began his career at EY, in the company’s Global Insurance Center and progressed through successive leadership positions before joining RGA in 2012.

Kymeta [REDMOND, Washington] announced that Walter Z. Berger has been hired as President, Chief Financial Officer (CFO), and Chief Operating Officer (COO). Berger most recently served as COO and CFO of Nuvectra, Before joining Nuvectra, he served in senior executive positions at AppDynamics, which was acquired by Cisco. He also held senior executive positions at SoftLayer, which was acquired by IBM, and Leap Wireless. Additionally, he has held several executive operating, financial, and general leadership roles in various industry verticals.

Derek Andersen

Snap Inc. [SANTA MONICA, CA] (NYSE: SNAP) announced the appointment of Derek Andersen, currently Snap’s Vice President of Finance, as Chief Financial Officer. Mr. Andersen will take over the responsibilities of interim CFO Lara Sweet. Snap also announced the appointment of Lara Sweet as Chief People Officer. In this new role, Ms. Sweet will continue as Chief Accounting Officer until a replacement is named. Andersen has served as Snap’s Vice President of Finance since July 2018. Andersen was previously employed at Amazon.com, Inc., serving in a variety of roles over seven years, most recently as Vice President of Finance supporting Amazon’s digital video business. Andersen also previously served in roles at Fox Interactive Media, including as Senior Vice President, Finance and Business Operations for IGN, and as Vice President, Finance.

Akhil Sharma

DentaQuest [BOSTON, MA] announced that Akhil Sharma recently became Executive Vice President, Chief Financial Officer. Before joining DentaQuest, Sharma was Co-President and CFO of North American Dental Group. Prior to that, he was the President and CFO of Enlivant. He also spent eight years with Fortress Investment Group, primarily focusing on their senior living private equity investments. Sharma started his career in investment banking at Lazard.

DNAnexus, Inc. [MOUNTAIN VIEW, CA] announced the appointment of Scott Gibson as Chief Financial Officer. Prior to joining DNAnexus, Gibson served as CFO at Conviva. Previously, he was CFO at several semiconductor, semiconductor equipment, and networking companies.

GeoStabilization International (“GSI”) [DENVER, CO] announced the appointment of Chris Howard as Chief Financial Officer. Howard was most recently Vice President, Finance at Accudyne, with financial oversight for the Sundyne division. Prior to Accudyne, he spent five years in senior financial positions at Technip FMC plc, ultimately serving as Finance Director for the Surface International business. Previously, Howard held senior finance roles at Stanley Black & Decker, Inc. and Precision Castparts Corporation, among other leading industrial companies.

Lannett Company, Inc. [PHILADELPHIA, PA] (NYSE: LCI) announced that the company’s chief financial officer (CFO), Martin Galvan, will retire on August 30, 2019, following the planned submission of the company’s Form 10-K for fiscal year 2019. Galvan will continue in his role as CFO until then and thereafter serve as a consultant, as necessary.

Speakap [NEW YORK, NY] announced the addition of Ralph De Kleermaeker, who will serve as the company’s Chief Financial Officer. De Kleermaeker most recently served as CFO and COO at Bynder. Prior to Bynder, Ralph was active in private equity for a period of 8 years.

Western Industries Plastic Products LLC [WINFIELD, KS] announced the appointment of Gage Hotchkiss as Chief Financial Officer. Hotchkiss most recently served with Alpha Guardian as Director Manufacturing FP&A and prior to that he was with Sensata Technologies for two years as Director of Finance.  From 2006 to 2016 he served in a series of senior finance roles with CoActive Technologies, most recently as Controller.

Vitamin Shoppe, Inc. [SECAUCUS, NJ] (NYSE: VSI) announced that Charles Knight has been appointed Executive Vice President – Chief Financial Officer (CFO). Knight was most recently Interim Chief Financial Officer for The Vitamin Shoppe, a role he assumed on April 8, 2019.  He joined The Vitamin Shoppe in July 2018 as Senior Vice President – Chief Accounting Officer and Corporate Controller.  Prior to joining the Vitamin Shoppe, Mr. Knight was most recently Senior Vice President-Corporate Controller (2010-2018) at Toys “R” Us, Inc.  He was employed at Toys “R” Us for approximately 28 years, starting as Special Project Analyst in 1990, and held positions of increasing responsibility, including Vice President Controller Toysrus.com (2001-2002), Vice President of Toys “R” US Corporate Accounting (2002-2004), Vice President Corporate Controller, Toys “R” Us, Inc. (2004-2010).  Prior to joining Toys “R” Us, he was a Senior Accountant at Deloitte & Touche LLP starting in 1986.

Socket Mobile, Inc. [NEWARK, CA] (NASDAQ: SCKT) announced that Lynn Zhao has been appointed to the position of Vice President of Finance and Administration, Secretary and Chief Financial Officer.  Ms. Zhao has served as the Company’s Controller since January 2015 and was appointed as Vice President and Controller in September 2017. Ms. Zhao previously served as the Company’s General Accounting Manager from December 2000 through January 2015.

Towerstream Corporation [MIDDLETOWN, RI] (OTCQB:TWER) announced that John “Jack” Macdonald, Chief Financial Officer, has resigned effective June 7, 2019, to pursue another career opportunity.

Enfission LLC [RESTON, VA],  a joint venture of Lightbridge Corporation (NASDAQ: LTBR) and Framatome, announced the appointment of Eugene Dongweck as Chief Financial Officer. Prior to joining Enfission, Mr. Dongweck held a variety of senior roles at Framatome, and currently serves as Manager of Financial Planning and Analysis. Previously, Mr. Dongweck served as Audit Manager and Senior Accountant at Deloitte.

Finjan Holdings, Inc. [EAST PALO ALTO, CA] (NASDAQ: FNJN) announced that Jevan Anderson will join the company on June 3, 2019 as Chief Financial Officer, replacing Michael Noonan who is departing to explore new pursuits. Anderson recently was Senior Vice President, Corporate Advisory for Jones Lang LaSalle Incorporated (JLL). Prior to JLL, Jevan spent 10 years as a Managing Director and Co-Head of Technology Mergers & Acquisitions for Wells Fargo and RBC Capital Markets. Prior to his 17 year investment banking career, Jevan held roles in management consulting, strategic planning, corporate development and investor relations.

Roger Blanchette

Skyword [BOSTON, MA] announced it has appointed Roger Blanchette as Senior Vice President and Chief Financial Officer. Blanchette joins Skyword from NuoDB, a database cloud provider, where he served as Chief Financial Officer. Blanchette was also the Chief Financial Officer of Ektron. Blanchette also has served as CFO at medical device companies, Dune Medical and Cadent. Prior to Cadent, he was CFO of DataSynapse. Blanchette succeeds Tyler Hoffman who has served as Chief Financial Officer of Skyword since 2010.

Colony Bankcorp, Inc. [FITZGERALD, GA] (NASDAQ: CBAN) announced that Terry L. Hester, Executive Vice President, Chief Financial Officer and Secretary of the Company, has informed the Company that he intends to retire on December 31, 2019, after 42 years of service to Colony. Anticipating his decision, Colony has completed an executive search and has named Tracie Youngblood as Hester’s successor. Youngblood is expected to join the Company in mid-June 2019. Youngblood was most recently Senior Vice President and Controller of Fidelity Bank in Atlanta, which is being acquired by Ameris Bank. She has held similar positions with Square 1 Bank in Durham, North Carolina, and Ameris Bank in Moultrie, Georgia, and Georgian Bank in Atlanta.

CURE Pharmaceutical [OXNARD, CA] (OTC: CURR) announced the addition of Michael Redard, who will serve as CURE’s Chief Financial Officer. Prior to CURE, Redard held CFO, vice president and general manager positions with several venture capital and private equity-backed companies, including Inogen, Medical Analysis Systems (acquired by Thermo Fisher Scientific), CDTi Advanced Materials and Abrisa Technologies.

Cantel Medical Corp. [LITTLE FALLS, N.J.] (NYSE: CMD) announced that Peter Clifford has been promoted to Executive Vice President and Chief Operating Officer. As part of this change in leadership, Shaun Blakeman has been appointed as Senior Vice President and Chief Financial Officer. Most recently, Clifford served as Executive Vice President and Chief Financial Officer for the Company. As a result of Mr. Clifford’s promotion, Blakeman will take on the role of SVP and Chief Financial Officer. Blakeman worked for Cantel from 2016 to 2018 as VP of Finance for Cantel’s Medical division. Most recently, Shaun was Senior Finance Director at Medtronic. Prior to working at Cantel, he held leadership roles with increasing responsibility for almost five years at IDEX Corporation.

Oracle Elevator [TAMPA, Fla.] announced that Rick Morris joined the company as Chief Financial Officer. Rick’s background includes five years of consulting as Interim CFO to various companies across the US and England preceded by 12 years as CFO to private equity backed companies in multiple industries. Earlier in his career he held senior finance roles in large multinational companies where he lived and worked in the US, Europe and Asia.

AKHAN Semiconductor [CHICAGO] announced that Robert Mohr will join AKHAN in the role of Chief Financial Officer. Mohr joins AKHAN from his current role of Consultant at CFO Express International.

L&R Distributors [BROOKLYN, N.Y.] hired Craig Zumbo as Chief Financial Officer. His expereince includes Senior Vice President of Finance at Drive Devilbiss Healthcare.

Pine Brook [NEW YORK] announced that Joseph Kopilak has joined the firm as chief financial officer. He is also the chief compliance officer and a partner of the firm. Prior to joining Pine Brook, Kopilak was CFO and CCO of Roundtable Investment Partners/Truvvo Partners. Previously, he spent six years at J.P. Morgan, most recently as the CFO of J.P. Morgan Partners Global Investors fund.

RentPath [ATLANTA] announced that Richard (Rick) Martin, who most recently served as CFO of Symphony Health Solutions, replaces Kim Payne as Chief Financial Officer of RentPath. Martin also held the CFO role at Delta Career Education Corporation. Martin previously served as CFO of several other private-equity-backed companies including DecisionOne Corporation, General Fiber Corporation and Strategic Distribution, Inc. Prior roles include Vice President Finance, Treasurer, Principal Accounting Officer for Maxxim Medical, Inc. and Vice President Finance, Treasurer, Secretary (and interim CFO) for Pameco Corporation.

Ivy Ono

Bertram Capital [FOSTER CITY, Calif.] announced the promotion of Ivy Ono to Chief Financial Officer. Ono, previously the Controller at Bertram, has been with the firm for more than 10 years. Bertram also announced the retirement of Partner and Managing Director Ingrid Swenson, effective June 3, 2019.  Ms. Swenson served as both Chief Financial Officer and Chief Compliance Officer for the firm. Ono joined Bertram in 2008 as the firm’s Assistant Controller.  Prior to Bertram, Ms. Ono was a Manager at PricewaterhouseCoopers in the Investment Management audit practice. Previous to PricewaterhouseCoopers, she was at Novogradac and Company, LLP where she focused on audit and tax work for real estate investments.

First Sound Bank [SEATTLE] (OTCBB: FSWA) announced that Debby K. McDaniel has joined the bank as Executive Vice President and Chief Financial Officer.  McDaniel most recently served as CFO of The Bank of Washington. Before her time at The Bank of Washington she was with Mission Bank in Bakersfield, California where she served in the capacity of Senior Vice President of Operations and Information Technology. Prior to her time at Mission Bank, she was with Eastside Commercial Bank in Bellevue as Executive Vice President and Chief Financial Officer/Chief Operating Officer.  In addition, she previously served as the CFO of NCW Community Bank in Wenatchee.

Canterbury Park [SHAKOPEE, Minn.] (NASDAQ: CPHC) announced the hiring of Randy J. Dehmer as Chief Financial Officer. Dehmer returns to Canterbury Park where he was employed from 2007 to 2013, serving as controller from March 2012 to August 2013. Dehmer will be leaving a position as financial controller at Clearfield, Inc. to join Canterbury on May 30, 2019. Dehmer began his career at Ernst & Young, serving there as senior accountant until he first joined Canterbury Park.

Centage Corporation [NATICK, Mass.] announced that Jason Lin has joined as chief financial officer. Lin takes over from John Orlando, who recently announced his retirement from the company where he served over 15 years as CFO and executive vice president. Prior to joining Centage, Lin held financial leadership positions at Zoominfo, Monster Worldwide, IkaSystems and TripAdvisor.

CFO Moves – week ending May 17, 2019

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CFO Moves this week include:

United Surgical Partners International Park City Group, Inc. AVITA Medical
Clarify Health Solutions, Inc. Cepton Technologies, Inc. ICD
RiceBran Technologies Clayco Goettl Air Conditioning & Plumbing
AudioEye, Inc. Nuvectra Corporation HighPoint Global
Vitality Biopharma, Inc NV5 Global, Inc. The Crowley Company
The National Trust Community Investment Corporation (NTCIC) Netskope New American Funding
Bugcrowd ExteNet Systems Heska Corporation
TPI Composites, Inc.

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United Surgical Partners International [DALLAS, TX] (USPI), a subsidiary of Tenet Healthcare (NYSE: THC), announced that Owen Morris has joined as Chief Financial Officer of USPI. Morris succeeds Jason Cagle, who departed USPI earlier this month. Prior to joining USPI, Morris served as Managing Director and head of the Healthcare Real Estate practice at Goldman, Sachs & Co. He held various leadership positions at Goldman Sachs during his tenure of more than 11 years.

Park City Group, Inc. [SALT LAKE CITY, UT] (NASDAQ: PCYG) announced Todd Mitchell, who has served as the Company’s Chief Financial Officer since September 2015, accepted another opportunity that will allow him to spend more time closer to home in New York. Park City appointed John Merrill, its Senior Vice President of Finance since May 2018 and former CFO of Park City Group from August 2006 – July 2010, as Mitchell’s successor. Prior to rejoining Park City in 2018, Merrill served as CFO and Managing Member of 360 Touch Advertising, a startup, from 2016 to 2018 and as CFO of Track Group, Inc. from 2014 to 2016. Previously, he was a mergers and acquisitions consultant for UnitedHealth Group. Merrill has held a variety of financial roles within public and private organizations including, Clear Channel (nka iHeart Media), IMG, and Sports Authority. Merrill began his career with KPMG.

AVITA Medical [VALENCIA, CA] (ASX: AVH, OTCQX: AVMXY) announced that Dale A. Sander is resigning as Chief Financial Officer (CFO) to spend more time with his family on the east coast. Tim Rooney, AVITA’s Chief Administrative Officer, will assume the role of interim CFO. Tim previously served as CFO for AVITA from 2012 to 2017 before assuming his current role. Rooney joined AVITA Medical as CFO and Chief Operating Officer in 2012, leading various key executive roles including interim CEO from 2013 to 2015. Prior to AVITA, Mr. Rooney was an executive at PDI Enterprises, Inc., where he served as CFO/COO.

Clarify Health Solutions, Inc. [SAN FRANCISCO, CA] announced that William Atkins has joined the company as Chief Financial Officer (CFO). Most recently, Atkins was Chief Financial Officer of Airobotics. Prior to Airobotics, he was Executive Vice President and Chief Financial Officer of Calix. He has also held CFO positions at Rivada Networks and at Intelsat. Earlier in his career, he was a senior investment banker at Morgan Stanley.

Cepton Technologies, Inc. [SAN JOSE, CA] announced the appointment of Bob Brown as Chief Financial Officer (CFO). Brown joins Cepton from Velodyne LiDAR, where he was CFO. Prior to that he served as the CFO and Executive Vice President at VeriSilicon Holdings Co. and Vice President, Business Development at Cadence Design Systems. Brown previously held various finance roles within organizations including LSI Corporation, formerly LSI Logic, GetThere and Hewlett-Packard.

ICD [SAN FRANCISCO, CA] hired Dave Roach as Chief Financial Officer (CFO).  Roach most recently served as SVP and CFO for McKesson Technology. Prior to McKesson, Mr. Roach worked in finance at AtomShockwave.com, Macromedia, and Sybase, and as an economic consultant at Ernst & Young.

RiceBran Technologies [THE WOODLANDS, TX] announced the appointment of Todd Mitchell to the position of Chief Financial Officer and Secretary effective July 1, 2019. Mitchell will succeed Dennis Dykes, who informed the Company he will be stepping down from those positions on June 30, 2019, to pursue other business opportunities. Mitchell will serve as Executive Vice President of the Company beginning on May 28, 2019 and Chief Financial Officer and Secretary effective as of July 1, 2019. Prior to joining RiceBran Technologies, Mr. Mitchell served as CFO of Park City Group beginning in September of 2015.  Todd also served as the Director of Research for Brean Capital LLC.

James Havel

Clayco [CHICAGO, IL] announced that James M. Havel has been named Executive Vice President and Chief Financial Officer of Clayco Enterprise.  In this role, Havel will work directly with Tony Schofield, who remains CFO of the individual Clayco businesses.  Before joining Clayco, Havel served as EVP, Chief Financial Officer of Express Scripts and Major Brands Holdings.  Havel also spent more than 34 years with Ernst & Young LLP, where he began his career in 1976.  During his time with Ernst & Young LLP, Havel served as an audit partner and in a number of firm leadership roles, including as managing partner of the St Louis office.  Havel is a member of the board of directors of Enterprise Financial Services Corp.

Kim Miramontes

Goettl Air Conditioning & Plumbing [LAS VEGAS, NV] announced that it has selected Kim Miramontes as its new Chief Financial Officer (CFO). Miramontes’ background includes having provided financial and operational leadership to some of the world’s largest gaming and resort brands, including Wyndham, MGM Grand and SHFL Entertainment.

AudioEye, Inc. [TUCSON, AZ] (NASDAQ: AEYE) announced that Sach Barot joined its executive leadership team as the company’s Chief Financial Officer (CFO). Barot most recently served as CFO, Global Operations for Dun & Bradstreet Corporation (D&B). Barot began his career at D&B in 2002 as a Financial Analyst and held roles with progressive responsibility, culminating with the position of CFO, Global Operations.

Nuvectra Corporation [PLANO, TX] (NASDAQ: NVTR) announced that Walter Z. Berger has resigned as Nuvectra’s Chief Operating Officer and Chief Financial Officer to pursue another business opportunity. The company appointed Jennifer Kosharek, the Company’s current Vice President, Controller and Principal Accounting Officer, as interim Chief Financial Officer. Kosharek joined Nuvectra in January 2016 as Executive Director, Corporate Controller, and was appointed Vice President, Controller and Principal Accounting Officer, in June 2018. Prior to joining Nuvectra, Ms. Kosharek was the Corporate Controller and subsequently served as the Chief Financial Officer and Vice President of Finance at Interphase Corporation from 2011 to 2015. Preceding her position at Interphase, Kosharek served as Senior Accountant – External Reporting and later as Accounting Manager at Sabre Holding from 2008 to 2011. She began her career at Grant Thornton, LLP.

Jim Bottorff

HighPoint Global [HERNDON, VA] announced the appointment of Jim Bottorff as Chief Financial Officer. Bottorff most recently served as the Chief Financial Officer of North America for Idemia. Prior to that, Bottorff spent twelve years as the Division CFO for the Federal and Civilian Division at General Dynamics Information Technology. He also held management roles at Anteon before it was acquired by General Dynamics, including Sr. VP of Financial Operations, Director of Financial Planning and Analysis, and Director of Pricing.

Vitality Biopharma, Inc. [LOS ANGELES, CA] announced the promotion of current Controller and Counsel Richard McKilligan to CFO and Counsel. McKilligan has been promoted to Chief Financial Officer and will continue to serve as Counsel and Secretary.  He joined Vitality in April 2012 as Controller, Counsel and Secretary.  Mr. McKilligan is also a director of Bristol Investment Fund, Ltd.  He served as Chief Financial Officer, General Counsel and Secretary of Research Solutions, Inc. from 2007 to 2011 and Chief Compliance Officer and Counsel to Bristol Capital Advisors, LLC from 2006 to 2008.  He was an associate with Morgan, Lewis & Bockius, LLP in their New York and London offices from 2000 until January 2006 and an associate with Hunton Andrews Kurth, LLP in their New York office from 1998 to 2000.

NV5 Global, Inc. [HOLLYWOOD, FL] (NASDAQ: NVEE) announced the appointment of Edward Codispoti as Chief Financial Officer (CFO) of NV5, effective June 6, 2019. Mr. Codispoti succeeds current NV5 CFO Michael Rama. Since 2017, Mr. Codispoti has served as CFO of Ilumno Holdings. From 2011 to 2016, Mr. Codispoti served as CFO of TradeStation, Inc. He served as Chief Accounting Officer of TradeStation from 2010 to 2011 and Corporate Controller and Vice President of Accounting from 2007 to 2010. From 2003 to 2007, Mr. Codispoti served as Vice President of Financial Reporting at Kos Pharmaceuticals, Inc. From 1997 to 1999, he served as Assistant Controller. Mr. Codispoti began his career as an Auditor at Arthur Andersen, LLP.

Jeffrey Manwiller

The Crowley Company [FREDERICK, MD] announced that Jeffrey Manwiller joined as its chief financial officer. Previously, Manwiller was a partner at Cherry Bekaert LLP.

Kenneth L. Fischbach

The National Trust Community Investment Corporation (NTCIC) [WASHINGTON, DC] welcomed Kenneth L. Fischbach as its new Chief Financial Officer & Executive Vice President. Fischbach joins NTCIC most recently from Fannie Mae where he served as Vice President in Finance. In addition to his role at Fannie Mae, Mr. Fischbach has held leadership positions including Senior Vice President, Treasury & Capital Markets for Sallie Mae, Managing Director, Treasury, Investor Relations and Corporate Communications for Residential Capital, LLC,/GMAC and Senior Vice President of Global Credit and Financial Institutions Management for MBNA/Bank of America.

Netskope [SANTA CLARA, Calif.] announced the appointment of Andrew “Drew” Del Matto to Chief Financial Officer (CFO). Del Matto was most recently CFO for Citrix Systems.  Prior to Citrix, Del Matto served as CFO of Fortinet. Prior to Fortinet, Del Matto served in various financial leadership roles at Symantec for almost a decade, leaving as acting CFO. Del Matto has also held senior finance leadership roles with Inktomi Corporation and SGI Corporation, and began his career as a certified public accountant (CPA) with KPMG LLP.

New American Funding [TUSTIN, Calif.] announced that they have hired Scott Frommert as CFO.

Bugcrowd [SAN FRANCISCO, CA] announced the appointment of Mark O’Connor as chief financial officer. Prior to Bugcrowd, O’Connor served as CFO of Appirio, and held executive financial and operational positions at Nuance Communications, BeVocal (acquired by Nuance), Appshop, and Broadword Communications.

ExteNet Systems [CHICAGO, ILLINOIS] announced it has appointed Garth Williams as Executive Vice President and Chief Financial Officer. For the past six years, Williams served as the Chief Financial Officer and Chief Administrative Officer for Kroll. Previously, he served at American Tower Corporation in various senior finance roles including Investor Relations, International Reporting and Treasury. He began his career as an investment banker at Morgan Stanley and worked in their Melbourne, Hong Kong and New York offices. Williams succeeds Dan Timm, who has been with the company for nearly nine years.

Heska Corporation [LOVELAND, Colo.] (NASDAQ: HSKA) announced the promotion of Catherine Grassman from Vice President and Chief Accounting Officer to Executive Vice President, Chief Financial Officer. Grassman was appointed Heska’s Vice President and Chief Accounting Officer December 2017, having previously served as the Company’s Corporate Controller since January of 2017.  Prior to joining Heska, Ms. Grassman spent more than 15 years with PricewaterhouseCoopers, LLP as a senior manager in the audit practice, with later success as Corporate Controller of a private-equity backed company.

TPI Composites, Inc. [SCOTTSDALE, Ariz.] (NASDAQ: TPIC) announced that it has promoted William Siwek to President, effective May 8, 2019, and appointed Bryan Schumaker as Chief Financial Officer. Siwek was previously TPI’s Chief Financial Officer, beginning in August 2013, Prior to joining TPI, Schumaker served in various financial roles at First Solar, Inc. from April 2008 to May 2019, most recently as its Chief Accounting Officer from July 2015 to May 2019, as well as the Chief Financial Officer of 8point3 Energy Partners, a publicly-traded limited partnership formed by First Solar and Sunpower Corporation to own, operate and acquire solar energy generation projects from July 2016 to July 2018. Prior to working at First Solar, Bryan spent over five years at Swift Transportation in various finance roles, including as Corporate Controller. Bryan also has worked in public accounting at KPMG and at a BDO alliance firm in various roles.

CFO Moves – week ending April 19, 2019

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CFO Moves this week include:

Western Digital Corp. PRIDE Industries JPMorgan Chase & Co.
Pier 1 Imports, Inc. deepwatch, Inc. Ensysce Biosciences Inc.
KSQ Therapeutics One Madison Corporation J.Jill, Inc.
SunTrust Banks Inc. Georgia Power CenterPoint Energy, Inc.
Tweddle Group OpenWorks The Millennia Companies
The Hershey Company Funko, Inc. StoneMor Partners L.P.
InCloudCounsel CMI/Compas Unisys
Rennova Health, Inc

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

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

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Western Digital Corp. [SAN JOSE, CA] (NASDAQ: WDC) announced the appointment of Robert Eulau as executive vice president and chief financial officer (CFO). Eulau will formally take over the CFO role from Mark Long on May 9, 2019, who will be leaving the company in June 2019. Eulau was most recently CEO at Sanmina Corporation where he previously served for eight years as CFO. Previously, Eulau held chief financial officer positions at Alien Technology Corporation and Rambus Incorporated, and held a number of financial leadership roles at Hewlett-Packard Company.

Everett Crane

PRIDE Industries [ROSEVILLE, CA] announced the appointment of Everett Crane as Chief Financial Officer. Everett Crane is succeeding Jeff Dern, who was promoted to President of PRIDE Industries in 2018. In his prior position, Crane served as the CFO of the Young Automotive Group in Layton, UT.

JPMorgan Chase & Co. [NEW YORK, NY] (NYSE:JPM) announced that Jennifer Piepszak, currently Chief Executive Officer of its Card Services business, will become Chief Financial Officer for the company and a member of its Operating Committee, effective May 1, 2019. Ms. Piepszak succeeds Marianne Lake, who will become Chief Executive Officer of Consumer Lending, which includes Card Services, Home Lending and Auto Finance. Prior to heading Card Services, Ms. Piepszak served as CEO of the firm’s Business Banking unit, and prior to that she held a variety of other senior roles, including CFO of Mortgage Banking and Controller of Mortgage Banking and Retail Financial Services. She joined JPMorgan Chase in 1994 and held a variety of roles in the Corporate & Investment Bank as well.

Pier 1 Imports, Inc. [FORT WORTH, TX] (NYSE: PIR) announced that Deborah Rieger-Paganis will assume the role of Interim Chief Financial Officer. Her appointment follows Nancy Walsh’s departure from the Company. Ms. Rieger-Paganis is employed as a managing director at global consulting firm AlixPartners, where she has served as both an advisor and interim Chief Financial Officer to a range of companies, including Aritzia, Toms Shoes, Harris Interactive and Cirque du Soleil. Earlier in her career, she served as senior vice president of financial planning and analysis at MasterCard and as vice president of finance at Ann Taylor.

deepwatch, Inc. [DENVER & ST. PETERSBURG, Fla.] announced that Ron Peele has joined as Chief Financial Officer (CFO). Peele was CFO at Revolution Health, AOL Greenhouse and EZ Communications. He held leadership roles at AOL/Time Warner Ventures and has served on the Boards of RedClinic, Surefire Local and InfuSystem. Reskusic was VP, Controller at Vivisimo which was acquired by IBM and more recently at Fidelis Cybersecurity. He also held finance leadership roles at Kastle Systems and RealNetworks.

Ensysce Biosciences Inc. [SAN DIEGO, CA] announced that Kurt Schmidt has been appointed as the Company’s Chief Financial Officer. Schmidt recently held positions at healthcare companies MDxHealth and Agendia where he was CFO.

Doug Pagan

KSQ Therapeutics [CAMBRIDGE, MA] announced the appointment of Douglas Pagán as Chief Financial Officer. Prior to joining KSQ, Mr. Pagán was Chief Financial Officer of Paratek Pharmaceuticals. Prior to Paratek, Mr. Pagán served as Vice President, Finance at Acceleron Pharma Inc. Prior to working at Acceleron, he served in strategic and financial management roles at Biogen Idec and Bristol-Myers Squibb. Previously, Mr. Pagán worked in healthcare investment banking at J.P. Morgan, as well as pharmaceutical operational roles at Johnson & Johnson.

One Madison Corporation [NEW YORK, NY] (NYSE: OMAD, OMAD.U, OMAD.WS) and Ranpak Corp. today announced the appointment of Trent Meyerhoefer as Senior Vice President and Chief Financial Officer (“CFO”), effective as of, and contingent on, the consummation of the business combination between One Madison and Ranpak, which is expected to occur in the second quarter of 2019. Meyerhoefer comes to the Company following a 24-year career at Eaton Corporation, where he served most recently as Senior Vice President and Treasurer. During his time at Eaton, Mr. Meyerhoefer also served as Vice President and Assistant Treasurer; Director, Capital Markets; Director, Corporate Planning; Director, Business Development; and Manager, Strategic Planning. Prior to joining Eaton, he was a Senior Consultant at Accenture Ltd. (then doing business as Andersen Consulting).

J.Jill, Inc. [QUINCY, MA] (NYSE: JILL) announced the appointment of Mark Webb as Executive Vice President, Chief Financial Officer, effective May 1, 2019. The company had previously announced that Chief Financial and Operating Officer Dave Biese will be leaving the company on April 30, 2019. Most recently, Mr. Webb was Senior Vice President, Chief Financial Planning & Analysis and Treasury Officer at Hudson’s Bay Company. He previously was with Gap, Inc. from 1995 through 2017 in multiple leadership roles including Senior Vice President, Chief Financial Officer, Gap Brand and Intermix.

SunTrust Banks Inc. [ATLANTA, GA] (STIS), said CFO Allison Dukes plans to resign following the closing of the bank’s planned merger with BB&T Corp. Ms. Dukes will remain in her current role until the merger is closed and will continue to have a key role in integration planning.

David Poroch

Georgia Power [ATLANTA, GA] appointed David Poroch as executive vice president, chief financial officer and treasurer. Poroch began his career with Southern Company in 2012 as vice president and chief audit executive for Southern Company Services. Most recently, he has served as Georgia Power vice president and comptroller since 2014. Prior to joining Southern Company, he was a partner with Deloitte & Touche LLP.

Xia Liu

CenterPoint Energy, Inc. [HOUSTON, TX] (NYSE: CNP) announced the appointment of Xia Liu as executive vice president and chief financial officer. Liu joins CenterPoint Energy from The Southern Company and its subsidiary companies where she held roles of increasing responsibility over the past 20 years. Most recently, Liu served as executive vice president, chief financial officer and treasurer of Georgia Power Company. Prior to this role, Liu was vice president, chief financial officer and treasurer for Gulf Power Company. She also served as senior vice president of finance and treasurer for Southern Company.

Archie Meyers

Tweddle Group [CLINTON TOWNSHIP, Mich.] named Archie Meyers new Chief Financial Officer (CFO). He previously served as CFO for Metal Powder Products, LLC and Revere Plastics Systems, LLC.

Bryan McMahon

OpenWorks [PHOENIX] welcomed Bryan McMahon as its new Chief Financial Officer.

 

Jim Brady

The Millenia Companies [CLEVELAND, OH] announced Jim Brady as chief financial officer (CFO). Brady is succeeding John W. McGinty, who is remaining with the organization. Most recently, Brady served as vice president of financial planning and analysis for Forest City Realty Trust and as chief financial officer of the residential and commercial group for Forest City Enterprises.

Steve Voskuil

The Hershey Company [HERSHEY, PA] (NYSE: HSY) announced the appointment of Steve Voskuil as Senior Vice President, Chief Financial Officer. Voskuil will join Hershey on May 13. Voskuil joins Hershey from Avanos Medical, where he has served as Chief Financial Officer since 2014. He previously served as a senior finance executive at Kimberly-Clark. Voskuil succeeds Patricia Little, who, as previously announced, will retire in May.

Funko, Inc. [EVERETT, WA] (NASDAQ: FNKO) announced that Russell Nickel, the Company’s Chief Financial Officer since 2013, intends to leave the Company at the end of 2019.

StoneMor Partners L.P. [TREVOSE, PA] (NYSE: STON), announced that Garry P. Herdler has been appointed Senior Vice-President and Chief Financial Officer. Mr. Herdler will succeed Mark Miller, who is retiring from the Partnership. Most recently, Herdler was the Chief Financial Officer of QuadReal Property Group. Prior to his CFO role at QuadReal, Mr. Herdler was a Senior Director in the Private Equity Performance Improvement Group of Alvarez & Marsal Consultants in New York. Previously, Mr. Herdler acted as a financial consultant and CFO for various private equity-owned companies, responsible for operational improvements, business integration and turnarounds. He also has nearly ten years of investment banking experience in leveraged finance and equities with Deutsche Bank Securities/Bankers Trust and CIBC World Markets, primarily in New York, where he completed transactions in several industries, including deathcare.

InCloudCounsel [SAN FRANCISCO, CA] announced the hire of Jeff Bohl as its Chief Financial Officer. Jeff joins InCloudCounsel from H.I.G. Capital, where he served as Managing Director. Prior to H.I.G. Capital, he worked as an investment banker in JPMorgan’s technology division.

CMI/Compas [KING OF PRUSSIA, PA], part of WPP (NYSE: WPP) announced that John Donovan, has been promoted to President, Compas. He was formerly Chief Financial Officer. James Woodland has been appointed Chief Strategy and Financial Officer. He was formerly Chief Operating Officer.

Unisys Corporation [BLUE BELL, PA] (NYSE: UIS) announced that Chief Financial Officer (CFO) Inder M. Singh has decided to resign from the company effective April 26 to serve as CFO with another company. Unisys has appointed Mike Thomson, corporate controller and principal accounting officer, as interim CFO. Thomson joined Unisys in December 2015. Prior to joining Unisys, Thomson served as principal accounting officer and controller of Towers Watson & Company, and has worked in various accounting and financial reporting roles for more than 25 years across a diverse set of business operations.

Rennova Health, Inc. [WEST PALM BEACH, FL] (OTC: RNVA, RNVAW) announced that it has appointed Jonathan Immordino to the position of Chief Financial Officer (CFO). Immordino has held senior level healthcare executive roles in finance and operations for the past 20 years in both public and privately held companies, including seven years as Chief Financial Officer at Saint John’s Episcopal Hospital, NY. Prior to his appointment with Rennova, Mr. Immordino was interim CFO at MRI Network/Susan B. Allen Memorial Hospital.

CFO Moves – week ending April 12, 2019

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CFO Moves this week include:

MACOM Technology Solutions Holdings, Inc. Blueknight Energy Partners, L.P. Akili Interactive
GoGuardian Majesco Cognex Corporation
Graybar Allbridge Palladin Consumer Retail Partners, LLC
Global Knowledge Canterbury Park Holding Corporation Ostrow Reisin Berk & Abrams, Ltd. (ORBA)
Silver Bullet Water Treatment Alico, Inc. Hallmark Financial Services, Inc.
PinnacleART Sportsman’s Warehouse Holdings, Inc. Unifi Software Inc
CPS Technologies Corp. C&A Industries Inc. Curion Insights
BackOffice Associates Aceable Plus Products Inc.
Ventura Foods Anritsu Corporation The Hennessey Group
Drexel Hamilton Grow Capital ClickBank
Owens-Illinois

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

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

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MACOM Technology Solutions Holdings, Inc. [LOWELL, MA] (NASDAQ: MTSI) announced that Robert McMullan, Senior Vice President and Chief Financial Officer (CFO), has submitted his resignation. The company also announced Conor Hegarty, Vice President of Financial Planning and Analysis has been appointed to the role of principal financial officer and principal accounting officer. Mr. Hegarty has been with MACOM for 22 years and has served as Vice President, Financial Planning and Analysis of MACOM, since August 2016. Previously, he served as Senior International Finance Director from March 2011 to August 2016.

Blueknight Energy Partners, L.P. [OKLAHOMA CITY, OK] (NASDAQ: BKEP, NASDAQ: BKEPP) named Andrew Woodward as the new Chief Financial Officer. Woodward will begin his new role on April 29. Prior to joining Blueknight Energy Partners, Woodward served as Vice President, Finance and Treasurer of Andeavor Logistics. Before his appointment, Woodward led investor relations for ANDX and started his career with Andeavor, now Marathon Petroleum. Woodward also served as Vice President at RBC Capital Markets within its energy investment banking group.

Santosh Shanbhag

Akili Interactive [IRVING, TX] announced the addition of Santosh Shanbhag as Chief Financial Officer. Prior to joining Akili, Shanbhag held senior finance leadership roles at Vertex Pharmaceuticals, most recently as Vice President and Head of International Finance and Accounting. Prior to Vertex, Shanbhag served in positions of increasing responsibility at Capgemini Consulting and Texas Instruments.

GoGuardian [EL SEGUNDO, CA] announced that Mike Jonas has joined its executive team as Chief Financial Officer (CFO). Jonas most recently served as the CFO of ThriftBooks. Prior to that position, Mr. Jonas was at Microsoft for 14 years where he held various senior financial and operational roles across the company in corporate finance and Microsoft Office and Bing business units.

Majesco [MORRISTOWN, NJ] (NASDAQ: MJCO) announced the appointment of Wayne Locke as Chief Financial Officer (CFO). Wayne joins the company from Capgemini, where he was responsible for financial and operational consulting services for insurance organizations. Prior to that he was the President of WEL Consulting LLC firm. Over the course of his career, he worked with companies including AIG, Deloitte Consulting, GE Capital, BNY and Swiss Re.

Cognex Corp. [NATICK, MA] (NASDAQ: CGNX) said its senior vice president of finance and administration and chief financial officer, John Curran, will resign, effective May 3.

Scott Clifford

Graybar [CLAYTON, MO] announced the appointment of Randall R. Harwood to Senior Vice President and Chief Strategy Officer and Scott S. Clifford to Senior Vice President and Chief Financial Officer, effective June 1, 2019. Harwood currently serves as Graybar’s Senior Vice President and Chief Financial Officer, a position he has held since 2013. Harwood has more than 40 years with Graybar and has a strong track record of leadership in both field and corporate executive roles. Clifford currently serves as Senior Vice President – Supply Chain Management, a position he has held since 2015. In his 25 years with Graybar, Clifford has successfully held senior leadership roles in finance, IT, strategy and supply chain management. As he moves into his new position as Chief Financial Officer, he will continue to lead Graybar’s IT and supply chain organizations. Both Harwood and Clifford also serve on Graybar’s board of directors.

Allbridge [RALEIGH, NC] announced that Mike Schaffer has joined as Chief Financial Officer (CFO). Most recently, Schaffer was the CFO for SICOM Systems, Inc. Prior to SICOM, Schaffer held multiple executive level positions including CFO for Scala; CFO and Founder of Annexus Mobile Solutions; and Sr. Vice President for GE Capital.

Palladin Consumer Retail Partners [BOSTON, MA] announced the recent hire of a new Chief Financial Officer & Chief Compliance Officer, Mary Courtney-O’Sullivan. John Lawrence has transitioned from CFO & CCO to Finance Partner. Most recently, Mary was Vice President of Finance and Assistant Treasurer at Advent International. Prior to Advent, Mary worked at The Bank of New York Mellon and PriceWaterhouseCoopers.

Global Knowledge [CARY, NC] appointed William Garrett as executive vice president and chief financial officer. Garrett joins Global Knowledge from his most recent position as CFO with Hybrid Enterprises.

Canterbury Park Holding Corporation [SHAKOPEE, MN] (NASDAQ: CPHC) announced that Robert M. Wolf has resigned as the Company’s Chief Financial Officer and Senior Vice President of Finance, effective April 19, 2019, to accept a position at NXC Imaging. Canterbury Park Chief Executive Officer and President Randy Sampson will serve as Interim CFO until a successor is found.

Cara Sample

Ostrow Reisin Berk & Abrams, Ltd. (ORBA) [CHICAGO, IL] announced the appointment of Cara Sample as Chief Financial Officer. She has more than 14 years of experience in both public and corporate accounting.

Silver Bullet Water Treatment [DENVER, CO], LLC announced that it has chosen Bradley “Brad” Walsh as the organization’s chief executive officer and board member. Brad previously served as Silver Bullet’s chief operating officer and chief financial officer. Brad joined Silver Bullet Water Treatment in January 2016. He started his career in 1993 and has worked for multiple Fortune 500 companies.

Alico, Inc. [FORT MYERS, FL] (NASDAQ: ALCO) Effective July 1, 2019, John E. Kiernan, who has served as Alico’s Chief Financial Officer for the last four years, will become Chief Executive Officer. Richard Rallo, who has served as Alico’s Chief Accounting Officer for the last two years, will succeed Mr. Kiernan as Chief Financial Officer. Before joining Alico, Mr. Kiernan was the CFO of Greenwich Associates, and held senior roles with Global Crossing, Misys plc, IBM and Bear Stearns. Mr. Rallo was previously employed as COO and CFO at American Medical Alert Corp., CFO at Tradewell, Inc., and Controller at Connoisseur Communications Partners LP.

Hallmark Financial Services, Inc. [FORT WORTH, TX] (NASDAQ: HALL) announced the appointment of Jeffrey Passmore as Chief Financial Officer. Passmore was promoted from his most recent position as Chief Accounting Officer for Hallmark Financial. He joined the company in 2002 and brings over 25 years of experience in finance and accounting leadership in the insurance industry.

PinnacleART [PASADENA, TX] announced the appointment of Andrew Susman as Chief Financial Officer (CFO). Prior to joining PinnacleART, Susman served as Vice President Upstream Financial Planning & Analysis at BP Upstream. Susman has over 18 years of experience in the energy sector and has held a variety of finance roles, including Deepwater Area Planning & Commercial Manager; Director, Portfolio Upstream; and E&P Portfolio Advisor.

Robert Julian

Sportsman’s Warehouse Holdings, Inc. [MIDVALE, UT] (NASDAQ: SPWH) announced the appointment of Robert K. Julian as Chief Financial Officer (“CFO”), effective April 24, 2019. Kevan Talbot will continue to serve as Chief Financial Officer until the effective date of Mr. Julian’s appointment and will then assist in the transition of responsibilities to Mr. Julian until a date to be determined between Mr. Talbot and the Company. Julian most recently served as Executive Vice President, Chief Financial Officer and Treasurer for Deluxe Entertainment Services Group from July 2017 to June 2018. Prior to that, Mr. Julian served as Senior Vice President and Chief Financial Officer for Callaway Golf Company from May 2015 to April 2017, and as Executive Vice President and Chief Financial Officer for Lydall Inc. from October 2012 to May 2015. Previously in his career, Julian held senior financial roles at Rockwell International, Honeywell, Cisco Systems, and Fisher Scientific.

Unifi Software [SAN MATEO, CA] announced that Intekhab Nazeer has joined as Chief Financial Officer. Prior to joining Unifi, Nazeer was the COO and CFO at Tribal Planet. Nazeer started his career with HCL group. He served as global finance head for Solix Group before holding leadership positions at Platfora (acquired by Workday), Greenplum (acquired by EMC), Appcelerator (acquired by Axway) and Pelikan Technologies.

CPS Technologies Corporation [NORTON, MA] (NASDAQ: CPSH) announced that Charles K. Griffith Jr. will be joining CPS as Chief Financial Officer upon the retirement of Ralph Norwood. Griffith’s appointment as CFO will be effective May 6, 2019. Griffith was most recently the CFO of SPRI Clinical Trials Global, LLC. Prior to joining SPRI, Mr. Griffith was the Vice President-Finance at Vertex Distribution (previously known as Pawtucket Fasteners and Bell Fasteners). He was at Vertex for 27 years.

Mike Morgan

C&A Industries Inc. [OMAHA, NE] announced the hiring of Mike Morgan as Chief Financial Officer. Prior to joining C&A, he served as Sr. Vice President of Finance with West Corporation; Chief Financial Officer with Streck; Chief Financial Officer with DRM, Inc.; and as Vice President of Finance with First Data. Morgan began his finance career with accounting firm Seim Johnson.

Curion Insights [CHICAGO, IL] announced that Mike Garibaldi has been named COO/CFO.

Melanie Payne

BackOffice Associates [SOUTH HARWICH, MA] announced that it has named Melanie Payne as its new Chief Financial Officer. In Payne’s most recent role, she served as Vice President of Strategy and Operations at Dell. Prior to this role, Payne served as Chief Audit Executive and as Senior Director of Global Services Operations and Strategy at EMC Corporation.

Justin Kvasnicka

Aceable [AUSTIN, TX] announced the hiring of Justin Kvasnicka as Chief Financial Officer. Prior to joining Aceable, Kvasnicka spent over five years at RetailMeNot, Inc. where he served as Vice President, Corporate & Business Development, as well as the CFO of the company’s Gift Card segment. He also worked at Capital Southwest Corporation, and at J.P. Morgan, where he was an Investment Banking Analyst.

Plus Products Inc. [SAN MATEO, CA] (“PLUS” or the “Company”) (CSE: PLUS) (OTCQB: PLPRF) announced that Jon Paul has been appointed as PLUS’ Chief Financial Officer. The Company also announces that Craig Heimark has resigned as the Chief Financial Officer and has been appointed as the Chief Strategy Officer, and will remain as Chairman, Secretary and a Director.

Ventura Foods [BREA, CA] announced that Erika Noonburg-Morgan joined the company as Chief Financial Officer on March 11. She joins Ventura Foods from Coca-Cola Beverages Florida. Noonburg-Morgan was a senior member of the leadership team responsible for starting the business and driving the organization’s financial, commercial and operations strategy.

Anritsu Corporation [MORGAN HILL, CA] announced that it has named Donn Mulder President and Chief Financial Officer of Anritsu Company, the United States subsidiary of Anritsu Corporation. Mulder succeeds Toru Wakinaga who held this position, as well as responsibility for the overall sales operations in the Anritsu Americas Sales Region, since September 2017. Mulder joined Anritsu as Product Marketing Manager in 1992, and has served as a Senior Vice President and General Manager of Anritsu Company since 2005.

The Hennessey Group [MIDLAND, TX] appointed Kayce Hyatt to the position of chief financial officer. Kayce joined The Hennessey Group in 2016 as the business manager. In 2017, Kayce became the vice president of operations until her recent promotion to chief financial officer.

Drexel Hamilton [NEW YORK, NY] announced Fred Schwark will be the new Chief Financial Officer. Most recently Fred served as the CFO at CRH Americas Materials.

Grow Capital [HENDERSON, NV] (OTCPK: GRWC) appointed Trevor Hall to serve as Chief Financial Officer (“CFO”) of the Company effective now through December 31, 2019. Hall succeeds Wayne Zallen, the Company’s current CFO, who welcomes Hall into the position and who will remain with the Company as Chairman of the Company’s Board of Directors. Hall has served as the Managing Partner of Hall & Associates since 2007.

ClickBank [BOISE, ID], announced Ryan Vestal as Chief Financial Officer. Vestal has nearly two decades of experience beginning with KPMG and moving into ascending roles with leading Boise-based companies including KTVB News Group, Bodybuilding.com and most recently as the CFO of Vacasa.

Owens-Illinois [PERRYSBURG, OH] (NYSE: OI) announced that John Haudrich has been appointed Senior Vice President and Chief Financial Officer, as Jan Bertsch has elected to step down and retire after serving as CFO since November 2015. Most recently, Haudrich served as Senior Vice President and Chief Strategy and Integration Officer at O-I.

CFO Moves – week ending March 29, 2019

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CFO Moves this week include:

J. C. Penney Company Vitamin Shoppe, Inc. Ryder System, Inc.
OneMain Holdings, Inc. Albany International Corp. CIM Commercial Trust Corporation
The ONE Group Hospitality, Inc. Quanterix Corporation Texas American Resources Company
Magellan Midstream Partners, L.P. Razberi Technologies PGT Innovations, Inc.
Lexington Realty Trust Apple Hospitality REIT Inc. Air T, Inc.
SynTech Bioenergy Curator Solutions CytomX Therapeutics Inc.
SurchX Modo Labs Insmed Incorporated
Blind Squirrel Entertainment Rippe & Kingston Arcus Biosciences, Inc.
Provectus

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J. C. Penney Company, Inc. [PLANO, Texas] (NYSE: JCP) announced that Bill Wafford has been named executive vice president, chief financial officer, effective April 8. He succeeds Michael Fung, interim chief financial officer, who will remain with the Company through the end of April to allow for a seamless leadership transition. Wafford most recently served as executive vice president, chief financial officer for The Vitamin Shoppe. He joined The Vitamin Shoppe in 2017 as senior vice president overseeing strategy, finance, international operations and business development. Prior to The Vitamin Shoppe, Wafford served as a partner in the advisory practice group of KPMG following a five-year career at Walgreens Boots Alliance. Before Walgreens, Wafford held multiple finance-related positions with Archstone Consulting, Bank of America and at Target Corporation.

Vitamin Shoppe, Inc. [SECAUCUS, NJ] (NYSE: VSI) announced that Bill Wafford resigned from his current position as Executive Vice President – Chief Financial Officer of the Company, effective April 5, 2019, in order to take a position as Chief Financial Officer at J. C. Penney Company, Inc. In connection with Mr. Wafford’s resignation, the Company will name Charles Knight as the Company’s Interim Chief Financial Officer. Knight currently serves as the Company’s Senior Vice President – Chief Accounting Officer. Prior to joining the Company, Mr. Knight was employed at Toys “R” Us, Inc. since 1990, and has held positions of increasing responsibility, most recently as Senior Vice President-Corporate Controller (2010-2018).  Prior to joining Toys “R” Us, he was a Senior Accountant at Deloitte & Touche LLP from 1986.

Scott T. Parker

Ryder System, Inc. [MIAMI, FL] (NYSE: R) announced the appointment of Scott T. Parker as executive vice president (EVP) and chief financial officer (CFO). Parker succeeds Art A. Garcia who announced his retirement in September 2018. He will join Ryder on April 5, 2019. Since November 2015, Mr. Parker served as EVP and CFO for OneMainFinancial. Prior to his most recent role at OneMain, Mr. Parker served as the CFO for commercial finance company CIT Group Inc. from July 2010 to October 2015. Prior to joining CIT, he served as CFO from 2006 to 2008 and chief operating officer from mid-2008 to 2010 for Cerberus Operations & Advisory Company, an affiliate of private investment firm Cerberus Capital Management. Mr. Parker also spent more than 15 years in leadership roles within the industrial and financial services businesses at General Electric Company, including CFO of GE Capital Solutions from 2005 to 2006.

OneMain Holdings, Inc. [BALTIMORE, MD] (NYSE: OMF) announced that Scott T. Parker, its Chief Financial Officer (CFO) since 2015, will be leaving the company. Micah Conrad, currently OneMain’s Deputy CFO, will become Acting CFO. Prior to Springleaf’s acquisition of OneMain Financial, Conrad was CFO of OneMain, then a subsidiary of Citigroup starting in 2013. In addition to having served as Deputy CFO, Conrad was and will remain CFO of Springleaf Finance Corporation, OneMain’s unsecured bond issuing subsidiary. Prior to his time at OneMain, Conrad was a managing director at Citigroup and served in a variety of senior finance roles within Citi Holdings, Global Wealth Management and Institutional Clients Group.“Micah is an integral member of the executive team and brings extensive finance, capital markets and operational expertise to this role,”Shulman said. “His experience with our company and in previous senior roles in the financial services industry will help OneMain continue to produce great results.”

Albany International Corp. [ROCHESTER, NH] (NYSE: AIN) announced that it appointed Stephen M. Nolan as Chief Financial Officer and Treasurer to succeed John Cozzolino, effective April 1, 2019. Nolan most recently serving as CFO for Esterline, where he co-led the recently completed sale of Esterline to TransDigm Group Incorporated. Mr. Nolan had served as CFO of Esterline since February 2018. Prior to this role, he was the Chief Financial Officer for Vista Outdoor, Inc., and worked on the formation and spin-off of Vista Outdoor from its aerospace and defense parent company Alliant Techsystems (ATK) in 2015, as well as the related merger between ATK and Orbital Sciences to create Orbital ATK. Prior to that time, Mr. Nolan worked in a number of strategic and operational management roles within ATK, including Senior Vice President for Strategy and Business Development and several business unit leadership positions. Earlier in his career, Mr. Nolan served for five years in corporate development and strategy roles at Raytheon Company and five years as a strategy consultant at McKinsey & Company.

CIM Commercial Trust Corporation [DALLAS, TX] (NASDAQ & TASE: CMCT) announced that it appointed David Thompson as its Chief Executive Officer (“CEO”) and Nathan DeBacker as its Chief Financial Officer (“CFO”). Thompson previously served as CIM Commercial Trust’s CFO since 2014 and is a Principal and the CFO of CIM Group. DeBacker is a Senior Vice President and the CFO of CCO Capital, LLC, a subsidiary of CIM Group.

The ONE Group Hospitality, Inc. [NEW YORK, NY] (NASDAQ: STKS) announced the appointment of Tyler Loy as Chief Financial Officer effective April 1, 2019. Linda Siluk, who is serving as Interim Chief Financial Officer, has been named to the newly created position of Chief Administrative Officer effective April 1, 2019. Loy has served as Vice President of Strategy at The ONE Group since September 2018. Prior, he was the Vice President of Finance for PacificBells. Mr. Loy began his career in operations at McCormick and Schmick’s Seafood Restaurants later moving into corporate finance. Between 2011 and 2016, he held various positions of increasing responsibility at Einstein Noah Restaurant Group in corporate finance, marketing, operations and strategy, serving most recently as Vice President of Catering.

Amol Chaubal

Quanterix Corporation [LEXINGTON, MA] (NASDAQ: QTRX) announced that it has named Amol Chaubal to the position of Chief Financial Officer (CFO), effective April 12, 2019. Amol replaces Joseph Driscoll, who is stepping down from his current role as CFO. Amol joins from Smith & Nephew, where he serves as CFO of Global Operations. Prior to his time at Smith & Nephew, Amol served as corporate vice president and head of finance for PAREXEL’s CRS business. He has also held various roles at Novartis, including CFO North America – Vaccines & Diagnostics as well as international roles across Switzerland, Canada and the United States.

Texas American Resources Company [AUSTIN, TX] announced that Ben M. Ellis has been appointed as Chief Financial Officer. Ellis most recently as Chief Financial Officer for Travis Peak Resources, LLC. Ellis also spent nearly five years at BP Corporation North American Inc. (BP). Prior to BP, Ellis spent five years at Merrill Lynch.

Magellan Midstream Partners, L.P. [TULSA, OK] (NYSE: MMP) announced that Aaron Milford has been promoted to chief operating officer effective May 1. Milford previously served as chief financial officer for Magellan. He has spent his entire career with Magellan or its predecessors. The partnership’s former vice president of finance and treasurer, Jeff Holman, will be promoted to chief financial officer also effective May 1. Holman has been with Magellan since its inception and has served in his most recent role since 2010 and other senior-level finance positions prior to that.

Razberi Technologies [FARMERS BRANCH, TX] announced that Jerry Trojan has joined as its chief financial officer. Trojan joins Razberi from Syncrolite LLC, where he served as CEO and previously CFO. Before that, he was the CFO of RAVE Restaurant Group Inc. His experience also includes CFO positions at two other publicly traded companies and several private equity backed companies.

PGT Innovations, Inc. [VENICE, FL] (NYSE: PGTI) announced the appointment of Sherri Baker as Senior Vice President and Chief Financial Officer, effective April 8, 2019. Baker succeeds Brad West, who is assuming the newly created position of Senior Vice President of Corporate Development and Treasurer. Prior to joining PGT Innovations, Baker served as Vice President, Commercial Finance, for Dean Foods Company. Earlier, Baker served as Vice President of Investor Relations, Strategy and Corporate Finance, as well as Vice President of Finance, Logistics, forDean Foods. Prior to Dean Foods, Baker spent 13 years at Frito-Lay, a subsidiary of PepsiCo, in a succession of finance and accounting roles.

Lexington Realty Trust [NEW YORK, NY] (NYSE: LXP) named Beth Boulerice its chief financial officer and treasurer. She succeeds Patrick Carroll, who was appointed as the company’s chief risk officer. Prior to joining Lexington in 2007, Ms. Boulerice was the Chief Accounting Officer at Newkirk Realty Trust and held various accounting roles at First Winthrop Corporation.

Apple Hospitality REIT Inc. [RICHMOND, VA] (NYSE: APLE) said that Chief Financial Officer Bryan Peery plans to retire in the first quarter of 2020. Peery intends to remain with the company over the next year to ensure a smooth transition.

Air T [MAIDEN, NC] announced that Brett Reynolds, Senior Vice President and Chief Financial Officer, informed the Company that he expects to resign his employment with the Company on or about April 12, 2019 to accept a position at another company.

Garrett Pettingell

SynTech Bioenergy [ENGLEWOOD, CO] appointed Garrett Pettingell as Chief Financial Officer. Pettingell has more than 20 years of work experience as a CEO and CFO of public and private companies in the United States and in Europe. Pettingell started his career with Bank of Austria in Moscow, Russia, rising to Head of Corporate Banking. In 2002, Pettingell engineered the spin-out of Apptix Inc. from TeleComputing. He was also CEO of Blue Frog Solutions.

Curator Solutions [HERNDON, VA] added David Cooper as Chief Financial Officer (CFO). Cooper was CFO of Dean & Company Strategy Consultants, Inc., in which he served as CFO for a number of affiliated startups that either had successful exists or grew to be mature operating businesses.

CytomX Therapeutics, Inc [SOUTH SAN FRANCISCO, CA] (NASDAQ: CTMX) announced that its Chief Financial Officer, Debanjan Ray, will be stepping down from the Company, effective May 15, 2019, to become the Chief Executive Officer of a newly-formed private biotechnology company.

SurchX [PHOENIX, AZ] announced the appointment of Jared Peck as Chief Financial Officer. Peck comes to SurchX from Swift Transportation, where he spent 14 years in finance and leadership roles.

Jacquelyn Barry Hamilton

Modo [CAMBRIDGE, MA] announced that Jacquelyn Barry Hamilton has joined the leadership team as the company’s Chief Financial Officer. Hamilton has most recently served as the CFO for NetCracker. Previously, Hamilton served for 4 Years as the Global Technology Division CFO for Monster Worldwide, and was also the CFO of Corporate Software, companies, which was acquired by Level 3 Communications during her tenure. At Level 3, Hamilton focused on M&A and post-merger integration activities.

Insmed Incorporated [BRIDGEWATER, N.J.] (NASDAQ: INSM) announced that Paolo Tombesi, Chief Financial Officer, will be leaving the company effective June 2, 2019.

Blind Squirrel Entertainment [LOS ANGELES] hired Steve Sardegna as its Chief Financial Officer. Previous to joining Blind Squirrel Entertainment, Sardegna served as Chief Operating Officer and Chief Financial Officer at various companies. Prior to that, he was Executive Vice President, Chief Financial Officer and Co-founder for fifteen years at Foundation 9 Entertainment. Before co-founding Foundation 9 Entertainment, Steve held various financial executive roles for both startup and global organizations, including Vulcan Programming; Virgin Interactive Entertainment; and KPMG.

Rippe & Kingston [CINCINNATI] announced the appointment of Sarah Huber as chief financial officer (CFO). Huber joins Rippe & Kingston from the Futbol Club Cincinnati (FC Cincinnati) where she was the senior vice president and chief financial officer.

Arcus Biosciences, Inc. [HAYWARD, Calif.] (NYSE: RCUS) announced the appointment of Rekha Hemrajani as Chief Operating and Financial Officer. Ms. Hemrajani joins Arcus from FLX Bio where she was Chief Operating Officer. Prior to FLX Bio, Ms. Hemrajani was Chief Financial Officer and Senior Vice President of Business and Financial Operations at 3-V Biosciences. Previously, Ms. Hemrajani was Vice President, Head of Licensing and Mergers and Acquisitions at Onyx Pharmaceuticals and Vice President of Business Development at Exelixis. Ms. Hemrajani began her career in investment banking at firms such as Credit Suisse First Boston and Lehman Brothers, where she focused on the biopharmaceutical and healthcare sector.

Provectus [KNOXVILLE, TN] (OTCQB: PVCT) announced the appointment of Heather Raines as the Company’s Chief Financial Officer (CFO). Mrs. Raines had previously served as Provectus’ Controller since 2017, and now replaces the Company’s interim CFO. From 2007 to 2015, Mrs. Raines served as Controller of the Oak Ridge, Tennessee location of AMETEK, Inc. Following AMETEK, from 2015 to 2017, she served as Vice President of Finance for BDry Waterproofing and Foundation Repair.

CFO Moves – week ending March 15, 2019

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CFO Moves this week include:

Innophos Holdings, Inc. Swagelok Company Percolate
Element Solutions Inc SentryOne Preferred Systems Solutions, Inc.
Lancaster Colony Corporation Diplomat Pharmacy, Inc. U.S. Auto Parts Network, Inc.
Meritor, Inc. WorldVentures TrueMotion
21st Century Oncology Realogy Holdings Corp. Professional Diversity Network, Inc.
MGP Ingredients, Inc. ZAGG Inc ANGI Homeservices Inc.
Gaming and Leisure Properties, Inc. 10Pearls Addison Group

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

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

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Innophos Holdings, Inc. [CRANBURY, N.J.] (NASDAQ: IPHS) announced that Mark Feuerbach, the Company’s current Vice President, Investor Relations, Treasury, Financial Planning and Analysis, has been named interim Chief Financial Officer, replacing Han Kieftenbeld. Feuerbach has 30 years of experience in financial roles at Innophos, including serving as interim CFO on four prior occasions.

John Hund

Swagelok Company [SOLON, Ohio] announced that John Hund has joined the company as its vice president of finance and chief financial officer (CFO). Hund succeeds James Cavoli, who will now oversee Swagelok’s global sales organization as vice president, distributor support services. Hund joins Swagelok from Hillenbrand Inc., where he served as group CFO for the company’s Industrial Products business. Prior to Hillenbrand, he held roles of increasing responsibility with IDEX Corp. and Hawker Beechcraft.

Steve Shevick

Percolate [SAN FRANCISCO] announced Steve Shevick has joined the team as Chief Financial Officer.  Prior to Percolate, Steve had been the CFO at CloudPassage, Inc. since October 2013.

Element Solutions Inc. [WEST PALM BEACH, Fla.] (NYSE: ESI) announced the promotion of Carey J. Dorman to Chief Financial Officer. Dorman joined Element Solutions in 2015 and has served in a number of corporate finance and other leadership roles. He has served as Element Solutions’ Corporate Treasurer since February 2018. Prior to joining Element Solutions, Mr. Dorman held investment and corporate finance positions at Taconic Capital Advisors and Goldman Sachs.

SentryOne [CHARLOTTE, N.C.] has expanded its leadership team with the appointment of Lang Leonard as CFO. Leonard joins SentryOne from LevelUp. Previously in his career, Leonard also served as CFO at Affinnova and Ipswitch, and as Corporate Controller at RSA Security.

Dan Muse

Preferred Systems Solutions, Inc. [MCLEAN, Va.] announced that it recently appointed Dan Muse as CFO. Muse previously served as the CFO for FCI Enterprises LLC and Sevatec. Before joining Sevatec, Mr. Muse spent over a decade as an investment banker with Stifel’s Aerospace, Defense and Government Services group. Earlier in his career, he worked for industry leaders including Goldman Sachs and Arthur Andersen.

Lancaster Colony Corporation [WESTERVILLE, Ohio] (NASDAQ: LANC) announced that the Company’s Vice President, Assistant Secretary and Chief Financial Officer (CFO), Douglas A. Fell, has chosen to transition from his current position effective April 1, 2019 to lead as Transformation Program Officer.  The Company also announced today the appointment of Thomas K. Pigott as Vice President, Assistant Secretary and CFO effective April 1, 2019.  Pigott served as Vice President and CFO for MGP Ingredients for the past three years.  His prior experience includes Vice President Finance roles for Kraft Foods Group’s Meal Solutions Division, Kraft’s Meals and Desserts Business Unit and Nestle USA’s Pizza Division.

Diplomat Pharmacy, Inc. [FLINT, Mich.] (NYSE: DPLO) announced that the company appointed Dan Davison as chief financial officer and treasurer effective April 8, succeeding Atul Kavthekar.  Davison most recently served as senior vice president of PBM Finance of CVS Health. Before CVS, Davison held leadership roles at Medco Health Solutions, including senior vice president of financial and strategic planning and chief financial officer of the health plan division.

U.S. Auto Parts Network, Inc. [CARSON, Calif.] (NASDAQ: PRTS) appointed David Meniane to COO, a newly created position, as well as CFO, succeeding Neil Watanabe. Meniane previously served as executive vice president of L.A. Libations, an incubation partner to the Venturing & Emerging Brands group at the Coca-Cola Company. Prior to L.A. Libations, Meniane founded Victoria’s Kitchen. Meniane also previously served as chief financial officer at Aflalo & Harkham Investments. Meniane currently serves on the board of directors for Space Shake and Relentless Trade Solutions.

Meritor, Inc. [TROY, Mich.] (NYSE: MTOR) announced that Carl Anderson, group vice president, Finance, has been appointed senior vice president and chief financial officer. Anderson’s appointment follows Kevin Nowlan‘s decision to resign from his role as senior vice president and president, Trailer and Components and chief financial officer to accept a chief financial officer position with another company to be announced in the near future. Anderson has served as Meritor’s group vice president, Finance, since March 2018. Anderson joined Meritor in 2006 as the director of capital markets, holding positions of increasing responsibility. Before joining Meritor, he held a variety of finance and treasury roles at First Chicago NBD Bank and GMAC for more than 10 years.

WorldVentures [PLANO, Texas] announced the appointment of Chris Gobalakrishna as Chief Financial Officer (CFO). Chris began his career at BMG/Sony Music and has worked in leadership positions at companies including Beachbody LLC, Tone It Up, Inc., Arista Records and Univision Digital.

TrueMotion [BOSTON] announced that Roger Colvin has joined as Chief Financial Officer. Before joining TrueMotion, Colvin was CFO & President at ZeroTurnaround. Colvin was also co-founder and CFO of BullHorn.

21st Century Oncology (21CO) [FORT MYERS, Fla.] announced the hiring of Todd Higgins as the company’s Chief Financial Officer. Higgins, whose career has spanned two decades in healthcare services, joins 21CO after recently serving as Chief Financial Officer at Confluent Health, LLC and Kindred Healthcare, Inc.

Charlotte Simonelli

Realogy Holdings Corp. [MADISON, N.J.] (NYSE: RLGY) announced the appointment of Charlotte Simonelli as Executive Vice President, Chief Financial Officer (CFO) and Treasurer, effective March 25, 2019. She joins Realogy from Johnson & Johnson where she most recently served as Vice President and Chief Financial Officer, Medical Devices.

Professional Diversity Network, Inc. [CHICAGO] (NASDAQ: IPDN) announced the appointment of Xin (Adam) He as the Company’s new Chief Financial Officer. Mr. He was a Director of the Company and he replaces Gary Xiao, the Company’s former CFO. Mr. He has served as Chief Financial Officer of Wanda America Investment Holding Co. and AMC Entertainment Holdings, Inc. He also served as an independent board director at iFresh Inc. and Energy Focus Inc. He also served as Financial Controller of a NYSE listed company, Xinyuan Real Estate Co.

Brandon Gall

MGP Ingredients, Inc. [ATCHISON, Kan.] (NASDAQ: MGPI) announced that Brandon Gall, corporate controller, will be appointed vice president of finance and chief financial officer, effective April 1, 2019. Gall’s appointment follows Tom Pigott’s decision to resign from his role as vice president of finance and chief financial officer to pursue other career opportunities. Gall has served as MGP’s Corporate Controller since June of 2018. During his seven-year tenure with the Company, Gall has advanced through a steady progression of leadership roles, including Director of Financial Planning & Analysis, Director of Supply Chain Finance, Director of Business Development and most recently, Corporate Controller.

ZAGG Inc. [SALT LAKE CITY] (NASDAQ: ZAGG) announced that Brad Holiday intends to step down as Chief Financial Officer and transition to the role of Senior Vice President, Finance and Strategic Projects of ZAGG effective March 31, 2019.  Taylor Smith, currently Vice President, Finance & Accounting of ZAGG, has been appointed Mr. Holiday’s successor. Prior to his promotion to Vice President, Finance & Accounting in January 2013, Mr. Smith served as Director of SEC Reporting of ZAGG.

Jamie Cohen

ANGI Homeservices [GOLDEN, Colo.] (NASDAQ: ANGI) announced the promotion of Jamie Cohen, Executive Vice President of Finance and Accounting, to Chief Financial Officer. Glenn H. Schiffman, CFO of IAC, had previously held a dual role as CFO of ANGI Homeservices. Cohen served as Executive Vice President of Finance and Accounting at the company since its formation as a public company in 2017.  Prior to assuming this role, Ms. Cohen served in the same role for IAC’s HomeAdvisor from January 2017; prior to that time, she held several financial leadership positions with HomeAdvisor since joining the company in 2011.

Gaming and Leisure Properties, Inc. [WYOMISSING, Pa.] (NASDAQ: GLPI) announced that Steven T. Snyder has been appointed to the role of Chief Financial Officer. Mr. Snyder has served as GLPI’s Senior Vice President of Corporate Development and Interim Chief Financial Officer since May 4, 2018, and prior to that was Senior Vice President, Corporate Development from the time of GLPI’s spin-off from Penn National Gaming (“Penn National”) in November 2013. Prior to GLPI’s spin-off from Penn National Gaming, Mr. Snyder served as Penn National’s Senior Vice President of Corporate Development from 2003 and was responsible for identifying and conducting internal and industry analysis of potential acquisitions, partnerships and other opportunities. He joined Penn National as Vice President of Corporate Development in May 1998 and held that position until his appointment to Senior Vice President in 2003.

10Pearls [VIENNA, VA.] welcomes Peter Niestroy as Chief Financial Officer. Prior to joining 10Pearls LLC, Niestroy founded Envision Business Solutions, LLC. Prior to starting his advisory firm, Mr. Niestroy began his career as a CPA with PriceWaterhouseCoopers, LLP.

Addison Group [CHICAGO] announced that Michael Samuels has joined Addison Group as Chief Financial Officer. Michael was most recently as CFO and Treasurer of Information Resources, Inc.

CFO Moves – week ending March 1, 2019

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CFO Moves this week include:

Edgewell Personal Care Company Tupperware Brands Corporation NASA
Clear Channel Outdoor Holdings, Inc. Sidecar Israel Discount Bank of New York
MeriCal, LLC Bristow Group Inc. Connection
The Doe Run Company Genocea Biosciences, Inc. Verana Health
Brighthouse Financial, Inc. Trinseo Gateway Mortgage Group
RecVue, Inc. Hylan Vology
CBB Bancorp, Inc. JND Legal Administration CCRM
Personal Genome Diagnostics Inc. Spin Memory, Inc. Atreca, Inc.
Karyopharm Therapeutics Inc. Iconix Brand Group, Inc. Lumina
Douglas Emmett, Inc.

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

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

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Edgewell Personal Care Company [SHELTON, Conn.] (NYSE: EPC) announced that Daniel J. Sullivan will join the company as Chief Financial Officer, effective April 1, 2019.  He will succeed Rod R. Little, who, as previously announced, was appointed President and Chief Executive Officer, effective March 1, 2019. Sullivan most recently served as Chief Financial Officer of Party City. Before that he served as Chief Financial Officer and Executive Vice President of Finance and as a Member of the Executive Board of Ahold USA, Inc., starting in 2010. Previously, Mr. Sullivan worked at Heineken for 12 years in executive finance positions both in the United States and Europe, including serving as Chief Financial Officer, Chief Operating Officer & Senior Vice President – Strategy for Heineken USA. Prior to that, Mr. Sullivan was a controller for Amscan Inc. Mr. Sullivan started his career at KPMG.

Tupperware Brands Corporation [ORLANDO, Fla.] (NYSE: TUP) announced the appointment of Cassandra “Sandra” Harris, formerly of VF Corporation, as Executive Vice President and Chief Financial Officer effective April 1, 2019.  Harris succeeds Michael “Mike” Poteshman, who recently announced his retirement after a 25-year career with the Company, and who will remain until March 31, 2019 and provide consulting services through September 30, 2019 to ensure an orderly transition. Throughout Harris’ tenure at VF Corporation she held various positions of increasing responsibility including global Vice President and Chief Information Officer.  Prior to this role, she served as Chief Financial Officer in the Direct to Consumer and Global Supply Chain divisions.  She previously spent more than 10 years at Wilsonart International, Inc., where following a series of accounting roles, she served as the company’s Group Controller. Harris began her career at Deloitte & Touche, LLP.

NASA [HUNTSVILLE, Ala.] announced the appointment of Rhega Gordon to the Senior Executive Service position of center chief financial officer for NASA’s Marshall Space Flight Center in Huntsville, Alabama. Prior to her appointment, Gordon served as deputy center CFO since July 2013 and as acting center CFO since the retirement of Marshall CFO William Hicks in January. Previously, Gordon was manager of the Planning and Control Office in Marshall’s Flight Programs and Partnerships Office and manager of the Science and Mission Systems Program Planning and Control Office. She managed the Instrument & Payload Systems Department Resources Group, part of Marshall’s Engineering Directorate; and she was also manager of the Engineering Directorate’s Payload and Technology Business Office and Space Systems Payloads and Project Offices. Gordon was appointed team lead in Marshall’s Flight Projects Directorate after beginning her NASA career in 1991 as an engineer in Marshall’s Ground Systems Department of the Mission Operations Laboratory.

Clear Channel Outdoor Holdings, Inc. [SAN ANTONIO & NEW YORK] (NYSE: CCO), a subsidiary of iHeartMedia, Inc. announced that Brian Coleman will become Chief Financial Officer of Clear Channel Outdoor Holdings, Inc. (CCOH) when the company becomes a standalone public company upon iHeartMedia’s emergence from its previously announced restructuring process. Coleman currently serves as Senior Vice President and Treasurer of iHeartMedia, Inc.

Sidecar [PHILADELPHIA] named Saroosh Ahmed the company’s Chief Financial Officer. Before joining Sidecar, Ahmed was Senior Vice President of Finance for Datapipe. Prior to Datapipe, Ahmed held senior finance positions at Time Warner Cable (later acquired by Spectrum). Ahmed also spent 10 years in finance, operations, and M&A leadership roles at RCN. His experience culminated in his position as Vice President and General Manager of the company’s largest business division.

Scott Graham

Israel Discount Bank of New York [New York] announced that Scott Graham has been named Chief Financial Officer. Most recently, he served as Head of Strategy at Barclays Private Bank and has held key leadership roles, including Chief Operating Officer, Chief Strategy Officer and Chief Financial Officer for Wealth and Private Banking. Prior to Barclays, he served as CFO and COO at JPMorgan & Chase US Private Bank and CFO at both Citi North America Private Bank and Citi EMEA Private Bank.

MeriCal, LLC [ANAHEIM, Calif.] announced the appointment of Michael Smith as their new Chief Financial Officer.  Smith previously worked as the Chief Financial Officer at National Pasteurized Eggs, and led the sale of the company to Post Holdings, Inc.  Smith has also worked at Smithbucklin Corporation, Thermo Fisher Scientific, Mesirow Financial and Deloitte.

Bristow Group Inc. [HOUSTON] (NYSE: BRS) announced that L. Don Miller has been promoted to President and Chief Executive Officer from his role as Senior Vice President and Chief Financial Officer. Brian Allman has been promoted and will replace Miller as Senior Vice President and Chief Financial Officer. Allman was previously Vice President and Chief Accounting Officer for Bristow, and will continue as Bristow’s Chief Accounting Officer. Allman joined Bristow in 2006 as Director of Financial Reporting.

Connection (PC Connection, Inc.) [MERRIMACK, N.H.] (NASDAQ: CNXN) announced that Thomas C. Baker has joined the Company as Senior Vice President, Chief Financial Officer, and Treasurer. Prior to joining Connection, Mr. Baker served as Corporate Vice President and Chief Financial Officer for the New Markets and Service Group at Applied Materials, Inc. since 2013. He previously served as Vice President of finance for Varian Semiconductor Equipment Associates from 2006 to 2013, and led the finance integration following the acquisition of Varian Semiconductor of Applied Materials in 2011. Mr. Baker launched his career as a public accountant with Price Waterhouse.

The Doe Run Company [ST. LOUIS] announced that Gary Mard has been promoted to vice president – finance and chief financial officer, succeeding Terry Fox who recently retired.

Genocea Biosciences, Inc. [CAMBRIDGE, Mass.] (NASDAQ: GNCA) announced the appointment of a new Chief Financial Officer, Diantha Duvall. Ms. Duvall joins Genocea from Bioverativ, Inc., where she served as Vice President, Controller and Chief Accounting Officer since the company’s spin out from Biogen, where she had served as U.S. and then Global Commercial Controller. Prior to Biogen, Ms. Duvall held a variety of financial and accounting positions at Merck and Co. and PricewaterhouseCoopers.

Verana Health [SAN FRANCISCO] announced the appointment of Marie-Eve Piche as Chief Financial Officer. Marie-Eve Piche is Chief Financial Officer at Verana Health. Prior to joining Verana, Piche was the CFO of Pymetrics. Prior to this, Piche spent five years at AppNexus as the Vice President of Financial Planning and Analysis. Piche started her professional career at General Electric where she spent 11 years holding several key financial roles. This included Head of Finance for NBC Sports and Senior Director for Telemundo. She was selected for the leadership program at GE Industrial and GE Capital.

Brighthouse Financial, Inc. [CHARLOTTE, N.C.] (NASDAQ: BHF) announced that the Company and Anant Bhalla, chief financial officer, have decided to part ways amicably, effective March 14, 2019. Conor Murphy, chief operating officer, was appointed to serve as interim chief financial officer. Prior to joining Brighthouse Financial in 2017, Murphy was the chief financial officer for MetLife, Inc.’s (“MetLife”) Latin America region. He also served as head of investor relations for MetLife, as chief financial officer for MetLife’s Europe, the Middle East and Africa (EMEA) region, and as chief financial officer for MetLife’s Investments organization. Murphy joined MetLife from PwC and began his career at Grant Thornton LLP.

Trinseo [BERWYN, Pa.] (NYSE: TSE) announced that Barry J. Niziolek, Executive Vice President and Chief Financial Officer, has announced his plans to retire around mid-year 2019.

Gateway Mortgage Group [JENKS, Okla.] announced Christopher Treece as Chief Financial Officer. Previously, Treece was the Chief Financial Officer for Guaranty Bancorp in Denver, Colo. which was sold to Independent Bank Group in 2018.

RecVue, Inc. [PALO ALTO, Calif.] announced that Steve Lance has joined the company as Chief Financial Officer. Previously, Steve was CFO at Cloud Lending Solutions, which was acquired by Q2ebanking, as well as Giga-tronics and SugarCRM.

Hylan [HOLMDEL, N.J.] announced the appointment of Scott Gindea as new Chief Financial Officer for Hylan. Gindea succeeds Luke McKinnon, who has served as Hylan’s CFO for the last two years.

Grant Newmyer

Vology [CLEARWATER, Fla.] announced the appointment of Grant Newmyer as Chief Financial Officer (CFO). Newmyer joins Vology from iQor, where he served as Senior Vice President–Global Controller since 2014. Previously, Newmyer was Group Financial Officer at First Advantage. Before then, he last served as Vice President of Finance at Sara Lee Corp. and formerly held several other finance management roles for a combined 11 years.

CBB Bancorp, Inc. [LOS ANGELES] (OTCQB: CBBI), the parent company of Commonwealth Business Bank, announced that Long T. Huynh has been hired as EVP and Chief Financial Officer. Huynh started his career in public accounting and went on to become the Chief Financial Officer of several community banks. He most recently served as Chief Financial Officer of Pacific Commerce Bancorp, which was acquired by First Choice Bancorp (NASDAQ – FCBP).

JND Legal Administration [SEATTLE] appointed Flora Bian as chief financial officer. Bian previously served as CFO at multinational creative and digital marketing agencies within the WPP and Omnicom global networks. Earlier in her career, she worked in various financial management positions within the insurance, telecommunication and banking industries.

CCRM (Colorado Center for Reproductive Medicine) [DENVER] announced the appointment of R.P. Dickerson as chief financial officer (CFO). Prior to joining CCRM, Dickerson was the CFO for MD Now Urgent Care.

Personal Genome Diagnostics Inc. [BALTIMORE] announced that Jack Crowley has joined the company as Chief Financial Officer. Crowley most recently served as CFO at Lantheus Medical Imaging Inc. Crowley’s prior roles at the company included Chief Accounting Offer, Vice President of Finance, and Global Corporate Controller. Before joining Lantheus, Mr. Crowley served as Director of Finance and Assistant Corporate Controller of Biogen Idec, the Director of Accounting at Thermo Fischer Scientific, and a Senior Manager in the Audit practice of PricewaterhouseCoopers LLP.

Spin Memory, Inc. [FREMONT, Calif.] announced the appointment of Antoine Bruyns as the company’s first chief financial officer. Previously, Antoine was a consultant at Bain & Co and an investment banker for J.P. Morgan.

Atreca, Inc. [REDWOOD CITY, Calif.] announced the retirement of Susan Berland, Executive Vice President and Chief Financial Officer (CFO), and the appointment of Herb Cross as her successor. Before joining Atreca, Cross was the first CFO at ARMO BioSciences. Prior to this, he was the CFO at Balance Therapeutics. Previously, Mr. Cross was CFO and interim Chief Executive Officer at KaloBios Pharmaceuticals. He also served as CFO at Affymax. Earlier in his career, Mr. Cross was Vice President, Finance at Facet Biotech Corporation, a spin-off of PDL BioPharma, where he was Executive Director, Finance and Corporate Controller. Mr. Cross was also the Vice President of Finance for Neoforma and began his career at Arthur Andersen, LLP.

Karyopharm Therapeutics Inc. [NEWTON, Mass.] (NASDSAQ: KPTI) announced the appointment of Michael P. Mason as Senior Vice President, Chief Financial Officer and Treasurer. Most recently, he served as Vice President of Finance and Treasurer at Alnylam Pharmaceuticals, Inc. Prior to spending over 13 years at Alnylam in a progression of finance roles, Mr. Mason was Corporate Controller at Praecis Pharmaceuticals and previously worked in the audit practice at KPMG LLP.

Iconix Brand Group, Inc. [NEW YORK] (NASDAQ: ICON) announced that John T. McClain has been appointed Chief Financial Officer. From 2007 until 2014, Mr. McClain was CFO at Jones Apparel Group. He has also held senior finance roles at Lindblad Expedition Holdings, Inc., Avis Budget Group, Inc., formerly Cendant Corporation, Sirius Satellite Radio Inc. and ITT Corporation. Mr. McClain is currently a member of the board of directors for Lands’ End, Inc. and Seritage Growth Properties.

Lumina [TAMPA, Fla.] announced that Albert Narvades has joined the company as chief financial officer.  Narvades most recently served as chief financial officer at Jagged Peak. Prior to that he served as controller for BP’s alternative energy group/biofuels in Tampa.  Before joining BP, Narvades held a variety of roles with Walter Energy, Inc. (formerly Walter Industries) and its spin-off Walter Investment, including serving as vice president of finance, capital markets focused on structured finance transactions related to securitizations. Narvades began his career with Ernst & Young in 1994 and served in various roles including Audit Manager.

Douglas Emmett, Inc. [SANTA MONICA, Calif.] (NYSE: DEI) announced that Peter Seymour is replacing Mona Gisler as the Chief Financial Officer of Douglas Emmett, Inc. Gisler will continue to serve as Douglas Emmett’s Chief Accounting Officer.  Seymour joined Douglas Emmett in 2017 as its Chief Strategic Officer.  Before joining Douglas Emmett, Mr. Seymour spent 20 years at The Walt Disney Company, where he had served as Executive Vice President and Chief Financial Officer of the Disney-ABC Television Group.

CFO Moves – week ending February 22, 2019

Posted on Written by Leave a Comment

CFO Moves this week include:

Avis Budget Group, Inc. MGM Resorts International Citigroup Inc.
Medical Informatics Engineering Diodes Incorporated Spirion
Ver-Tex Construction Symmons Industries, Inc. GenMark Diagnostics, Inc.
Hercules Capital, Inc. Upwell Health Stack Infrastructure
Ceragon Networks Ltd. FISION Corporation FinFit
Dorman Products, Inc. Togetherwork The Middleby Corporation
Surmodics, Inc. United Bancshares, Inc. Fresenius Medical Care
Voci Technologies Energy Efficient Equity MDLIVE Inc.
ATI Physical Therapy McCourt Global

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

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Avis Budget Group, Inc. [PARSIPPANY, N.J.] (NASDAQ: CAR) announced that, effective March 18, 2019, John F. North III will join the Company as Chief Financial Officer. Martyn Smith will continue to be the Company’s Interim Chief Financial Officer until March 18, 2019, and thereafter will serve in a transitional and advisory role for at least six months.  Since 2002, Mr. North has held various leadership roles in finance, including Chief Financial Officer and Chief Accounting Officer, at Lithia Motors, Inc.

MGM Resorts International [LAS VEGAS] (NYSE: MGM) announced that current Chief Operating Officer Corey Sanders will be appointed Chief Financial Officer. Current Chief Financial Officer Dan D’Arrigo has chosen to take advantage of the voluntary resignation program offered as part of MGM 2020 and will be resigning from the Company and the Board of Directors of MGM China. Sanders served as the COO of MGM Resorts International since 2010, and previously served as the COO for the Company’s Core Brand and Regional Properties. In his tenure with the Company, Mr. Sanders has also served as Executive Vice President and Chief Financial Officer for MGM Grand Resorts, Executive Vice President and CFO for MGM Grand, Assistant Vice President of Corporate Finance, and Tax Director for MGM Grand.

Citigroup Inc. (Citi) [New York] appointed Mark A.L. Mason to be Citi Chief Financial Officer. Mr. Mason will replace John C. Gerspach, retired as Citi Chief Financial Officer. Mason joined Citi in 2001 and has held several senior operational, strategic, and financial executive positions, including serving as CEO of Citi Holdings from December 2011 through May 2013. He also served as CEO of Citi Private Bank from June 2013 through September 2014.

Mike White

Medical Informatics Engineering (MIE) [Fort Wayne, IN] announced the appointment of W. Michael “Mike” White as Chief Financial Officer. Prior to joining MIE, he most recently served as Sr. Director of Financial Planning, Reporting & Analysis and Head of Performance Controlling at Siemens PLM Software.  Additionally, he has held senior financial leadership roles with UGS Software, Structural Dynamics Research Corporation (SDRC) and Sybase. Mike has served as an Advisory Board member to multiple financial software vendors and has served as an Adjunct Instructor in Accounting at the University level.

Diodes Incorporated [PLANO, Texas] (NASDAQ: DIOD) announced the appointment of Brett Whitmire, Diodes’ Corporate Controller and Principal Accounting Officer, as Chief Financial Officer effective March 1, 2019. Whitmire will succeed current CFO, Richard (Rick) White, who has been in the role for 10 years. White plans to remain with the company part-time as Corporate Secretary and Special Assistant to the CEO. Whitmire has 30 years of industry experience and has been with Diodes for over eight years. In addition, Whitmire worked at Freescale Semiconductor as CFO for the Analog and Sensors Division and previously worked at Texas Instruments for 20 years. At TI, he served in a variety of finance and operational leadership positions, including seven years as vice president, while serving as the finance and operations executive for the high-volume Analog and Logic Division and the head of corporate supply chain.

Spirion [ST. PETERSBURG, Fla.] recently expanded its executive team with the addition of Ty Hurner as Chief Financial Officer (CFO). Hurner’s most recent tenure was VP Global Finance at VIPRE Security, which was acquired by j2 Global in January 2018. After beginning his career in public accounting with PwC, Hurner spent the past 10 years working in the technology and security sectors.

Ver-Tex Construction [CANTON, MASS.] announced that Cindy Cox will join the company as Chief Financial Officer. Cox brings with her more than 20 years of experience in senior finance and leadership roles, and she most recently helped bring her previous company from startup to a business with hundreds of employees, including national and international expansion.

Karen Foley

Symmons Industries, Inc. [BRAINTREE, Mass.] announced the appointment of Karen A. Foley as Chief Financial Officer. Karen joined Symmons in 2008 as Manager of Finance. She was promoted to Director of Finance in 2010 and then appointed to the company’s leadership team in 2017. Prior to joining Symmons, Karen worked at Haemonetics Corporation and other biotech companies.

GenMark Diagnostics, Inc. [CARLSBAD, Calif.] (NASDAQ: GNMK) announced that Scott Mendel, currently GenMark’s Chief Financial Officer, assumes the newly created role of Chief Operating Officer. Simultaneous with this transition, Johnny Ek has been promoted to Chief Financial Officer. Ek has served as GenMark’s Vice President of Finance and Corporate Controller since 2013. Prior to joining GenMark, he served as Vice President of Finance and International Controller for Affymetrix, as Corporate Controller of eBioScience, and as a Senior Manager at Ernst & Young.

Hercules Capital, Inc. [PALO ALTO, Calif.] (NYSE: HTGC) announced the appointment of Seth Meyer as Chief Financial Officer, effective March 4, 2019. Meyer replaces David Lund, who served as interim CFO for the prior 16 months and will continue to serve as a special consulting advisor to the Company through April 2019. Most recently, Meyer served as the CFO of Swiss Re’s Commercial Insurance business unit for over six years. Mr. Meyer joined Swiss Re in 2000 and was appointed Group Tax Director in 2007, and then promoted to Finance Division Operating Officer in 2009, a position he held until appointed CFO in 2011. Prior to joining Swiss Re, he worked at PricewaterhouseCoopers as a Senior Tax Manager. Mr. Meyer began his finance career as a senior tax accountant at KPMG.

Upwell Health [SALT LAKE CITY] announced that the appointment of Patrick Grosso as chief financial officer. Grosso assumes the position of CFO after serving as Upwell’s chief administrative officer since March 2018 and interim CFO since November.

Heather Paduck

Stack Infrastructure [DENVER] announced the appointment of Heather Paduck as Chief Financial Officer. Prior to STACK, Paduck was Chief Financial Officer of Northwood Investors. She also served as Chief Financial Officer of Pembroke Real Estate, a Fidelity Investments subsidiary. Paduck’s experience also includes six years at PricewaterhouseCoopers.

Ceragon Networks Ltd. [LITTLE FALLS, New Jersey] (NASDAQ: CRNT) announced that it appointed Ran Vered to serve as its chief financial officer, replacing Doron Arazi, who will continue in his role as Ceragon’s deputy CEO with expanded business and strategic responsibilities. Ran joins Ceragon from Check Point Software, where he served as VP – Finance since 2018, and he previously served as CFO of Radcom. His career also included various financial positions at Amdocs and several years in public accounting with KPMG.

FISION Corporation [MINNEAPOLIS] (OTCQB: FSSN appointed Dan Dorsey as Chief Financial Officer and to its board of directors, effective March 1, 2019. Dorsey presently serves as a partner with Capital Market Solutions. He formerly served as vice president and corporate controller for Rodale until it was acquired by Hearst Communications. Dorsey was previously the chief financial officer of Hudson News Distributors and was the senior vice president of finance and corporate controller for both Tribune Publishing Company and Source Interlink Companies. Dorsey will succeed Garry Lowenthal, who has served as FISION’s Chief Financial Officer since 2010. Lowenthal will transition into a non-officer role within the company and will also step down as a Director of the Company, effective February 28, 2019.

FinFit [VIRGINIA BEACH, Va.] announced that it has hired Matthew Fahy as Chief Financial Officer (CFO). Fahy was most recently CFO and Executive Vice President of Global Services at AgilQuest. Prior to AgilQuest Fahy served as CFO for Public Access Technologies and QualityClick.com Inc.

Dorman Products, Inc. [COLMAR, Pa.] (NASDAQ: DORM) announced that David M. Hession will join its management team as Senior Vice President and Chief Financial Officer effective March 1, 2019. Hession replaces Mike Ginnetti who acted as Interim Chief Financial Officer. Hession joins Dorman from his post as Vice President and Chief Financial Officer at Johnsonville, LLC. David has held a number of positions of increasing responsibility in his career including Vice President Finance & Administration at McCormick & Company, Inc. after beginning his career in management consulting.

Priyanka Singh

Togetherwork [NEW YORK] announced that Priyanka Singh has joined as Chief Financial Officer. Before joining Togetherwork, Singh was CFO at USA Technologies. Prior to that, she spent six years in various finance and product roles at Heartland Payment Systems, and subsequently at Global Payments after it acquired Heartland. She left Global Payments as Divisional CFO for point-of-sale payments solutions. Earlier in her career, Ms. Singh held various finance roles at General Electric. She started her career at Ernst & Young in tax and audit.

The Middleby Corporation [ELGIN, Ill.] (NASDAQ: MIDD) announced that Timothy FitzGerald has been named Chief Executive Officer and a member of the Board of Directors. Mr. FitzGerald served as Chief Financial Officer since 2003. Bryan Mittelman, Middleby Chief Accounting Officer, has been promoted to Chief Financial Officer, replacing FitzGerald. Prior to Middleby, he spent five years as a Vice President and Controller of Knowles Corporation. Mittelman has also served as Corporate Controller at Morningstar, Inc. and in finance and accounting roles at Siemens Healthcare Diagnostics, Dade Behring and Arthur Andersen.

Surmodics, Inc. [EDEN PRAIRIE, Minn.] (NASDAQ: SRDX) announced the appointment of Timothy J. Arens, Vice President of Corporate Development and Strategy, as the company’s new Chief Financial Officer (CFO). Arens was named interim CFO in May 2018 following the departure of Andrew LaFrence. Arens has served in his current role since February 2013. He joined Surmodics in February 2007 as Director, Business Development, was named Senior Director and General Manager of the in vitro diagnostics business unit in October 2010 and served as Vice President of Finance and interim CFO from August 2011 to February 2013.

United Bancshares, Inc. [Columbus Grove, Ohio] appointed Stacy A. Cox to the position of Chief Financial Officer of United Bancshares, Inc. Ms. Cox will also be appointed to the positions of Executive Vice President and CFO of the Company’s wholly-owned bank subsidiary, The Union Bank Company (the “Bank”). Daniel J. Lucke, the Company’s current Chief Financial Officer, has transitioned to the position of Controller of the Bank. Ms. Cox served as Senior Vice President, Operations, for Huntington National Bank from 1992 to 2008. In 2008, Ms. Cox accepted the position of Vice President, Core Banking Operations and Information Technology, with First National Bank Omaha, where she served until taking the positions of Chief Operations Officer and Chief Risk Officer with Croghan Colonial Bank, Fremont, Ohio, positions which she has continuously held until her current appointment.

Fresenius Medical Care [Bad Homburg vor der Höhe, Germany & Waltham, MA] announced that CFO Michael Brosnan plans to retire from the Company after his successor has been identified and transitioned into the role. Michael Brosnan has been Global CFO of Fresenius Medical Care since January 2010. Previously, he served as CFO of Fresenius Medical Care North America for seven years. He joined the company in 1998 as Vice President of Finance and Administration for the company’s laboratory services organization and then assumed several key executive positions at Fresenius Medical Care in North America. Prior to joining the company, he held senior financial positions at Polaroid Corporation and was an audit partner at KPMG.

Voci Technologies [PITTSBURGH] announced the appointment of Tony Ryan as CFO. Ryan served as CFO at Primal Palate, Transim Technology Corporation, TimeSys and Ansoft Corporation. Ryan was also Director, IP Strategy at Arrow Electronics and COO and CFO for DesignAdvance Systems.

Energy Efficient Equity (E3) [SANTA MONICA, Calif.] announced that it has appointed Rasool Alizadeh to serve as Chief Financial Officer. Prior to joining E3, Alizadeh was Treasurer & Head of Capital Markets at Ygrene Energy Fund. Prior to his time at Ygrene, Mr. Alizadeh spent time at SMBC Nikko Securities, RBC Capital Markets, and S&P Ratings Services.

MDLIVE Inc. [Sunrise, Fla.] announced the appointment of Dan Monahan as Chief Financial Officer and Chief Operating Officer. Prior to MDLIVE, Mr. Monahan was the Chief Financial Officer and Senior Vice President of Operations for the Imaging business within Change Healthcare, formerly McKesson. He has also held several key financial and operational leadership roles with Sprint, Nortel Networks, SITA, CDC oftware and EMS Technologies.

Joseph Jordan

ATI Physical Therapy [Bolingbrook, Ill.] announced that Joseph Jordan has been promoted to Chief Financial Officer for the organization. He moves into the role from Senior Vice President and Controller. Al Hamood, who was serving in a dual role of CEO and CFO, will move into the role of President of the company with Jordan’s promotion. Jordan joined the organization in April 2018, coming to ATI from Sears Holdings where he was Corporate Controller. In addition to his role as Corporate Controller at Sears, he served as Assistant Controller for Suncoke Energy. Jordan began his career at Deloitte & Touche, LLP.

McCourt Global [NEW YORK] announced its appointment of Joe Riley as Chief Financial Officer. Riley  previously served as Managing Member and Chief Administrative Officer of the Psilos Group.

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