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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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.
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.
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.
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.
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.
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.