CFO Moves this week include:
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 email@example.com or by phone at +1 (415) 738-2070.
+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +
SiFive, Inc. [SAN MATEO, CA] announced that Shubham “Sam” Maheshwari has joined the company as Chief Financial Officer (CFO). Before SiFive, he served for 6 years as CFO and later as CFO & COO of Veeco. Previous notable positions also include SVP, Finance, for Spansion. Maheshwari was also VP of mergers and acquisitions for KLA-Tencor and served as Corporate Controller.
Nine Energy Service, Inc. [HOUSTON] (NYSE: NINE) announced that Clinton Roeder, Senior Vice President and Chief Financial Officer has departed the Company by mutual consent. Guy Sirkes, Vice President, Strategic Development, has assumed the role of Senior Vice President and Chief Financial Officer. Prior to joining the Company in March 2019, Sirkes was an Executive Director with J.P. Morgan’s Energy Investment Banking Group.
Valmont Industries, Inc. [OMAHA, NE] (NYSE: VMI) announced that Avner Applbaum joined the Company as Executive Vice President and Chief Financial Officer. Applbaum succeeds Mark Jaksich, who previously announced his plans to retire and will remain with the Company until December 26, 2020 to ensure a smooth transition. Applbaum joins Valmont having most recently been the Chief Financial Officer and Chief Operating Officer for Double E Company. In addition to holding several CFO roles for private equity-backed companies, he also spent over 15 years in senior financial and operational roles in publicly traded manufacturing companies, including Ametek, Belden, and TE Connectivity, formerly Tyco Electronics. Earlier in his career, Mr. Applbaum worked for Ernst & Young.
Bloom Energy [SAN JOSE, CA] (NYSE: BE) announced the appointment of Gregory Cameron as executive vice president and chief financial officer. Cameron will replace Bloom Energy’s EVP and CFO Randy Furr, who previously announced his intention to retire. Cameron was most recently president and CEO, Global Operations, GE Company. Previously, Cameron held a number of other senior executive roles at GE, including serving as president and CEO, Global Legacy Solutions for GE Capital, and CFO, Americas for GE Capital. In the earlier stages of his career with GE, Cameron held roles as CFO of GE Capital Solutions, CFO of Corporate Financial Services, and CFO of Healthcare Financial Services. He also held multiple roles in FP&A, served on the Corporate Audit Staff, and was an associate of the Financial Services Training Program.
Hibbett Sports, Inc. [BIRMINGHAM, AL] (NASDAQ/GS: HIBB) announced the upcoming appointment of Robert J. Volke as its new Chief Financial Officer. Volke’s employment with the Company will begin April 13, 2020 in the position of Senior Vice President of Accounting and Finance. Immediately following the filing of the Company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2020, he will become the Chief Financial Officer. Volke will replace Scott R. Humphrey, who has been serving as the Company’s interim Chief Financial Officer. Volke was most recently employed with Fleet Farm, LLC since August 2018, most recently serving in the role of Interim Chief Financial Officer, and prior to that, as its Vice President, Accounting and Corporate Controller. Prior to his service at Fleet Farm, Volke held various positions of increasing responsibility with Tractor Supply Company from May 2007 to August 2018, serving most recently as its Vice President and Controller from March 2017 to August 2018.
Forestar Group Inc. [ARLINGTON, TX] (NYSE: FOR) announced that James (Jim) D. Allen has been named Chief Financial Officer (CFO) of Forestar. Allen most recently served as a Senior Operating Partner at Palm Beach Capital. Prior to joining Palm Beach Capital, he served as CFO of Hollander Sleep Products and held a variety of executive roles at both private and public companies, including Operating Vice President and Group CFO at Sun Capital Partners, Chief Administrative Officer at Mattress Firm Inc. and a variety of C-Suite roles at Tandycrafts Inc. after spending 10 years at PricewaterhouseCoopers where he began his career.
Jefferies Financial Group Inc. [NEW YORK] (NYSE: JEF) announced that Peg Broadbent, the CFO of Jefferies Group LLC, has passed away from coronavirus complications. Teri Gendron, CFO of Jefferies Financial Group, has been appointed as the interim CFO and Chief Accounting Officer of Jefferies Group LLC.
BioCryst Pharmaceuticals, Inc. [RESEARCH TRIANGLE PARK, NC] (NASDAQ: BCRX) announced the appointment of Anthony Doyle as senior vice president and chief financial officer (CFO). Doyle joins BioCryst from Worldwide Clinical Trials, where he has served as CFO since 2014. From 2004 to 2012, Mr. Doyle held a series of increasingly responsible roles at General Electric (GE), moving through FP&A, controller, audit, tax and commercial finance rotations in the GE Financial Management and Corporate Audit Staff finance and leadership training programs. He then led risk and pricing for GE Healthcare’s U.S. diagnostic imaging business and served as global program manager for GE Healthcare Solutions. From 2012 to 2014, he was CFO of World Book, a Berkshire Hathaway company.
Homeowners of America Insurance Company (HOAIC) [IRVING, TEXAS] announced that Richard B. Runyan has joined the company as its new Chief Financial Officer (CFO). Runyan joins HOAIC from Centauri Insurance Group where he was CFO. Prior to his most recent position at Centauri Insurance Group, Runyan was Vice President and Controller at Geovera Holdings, Inc. In addition to that position, he’s also held various titles such as Corporate Controller, Director of Accounting, and Division Controller at prior companies.
Trinity Industries, Inc. [DALLAS] (NYSE: TRN) announced that Eric R. Marchetto has been appointed Trinity’s Chief Financial Officer succeeding Melendy E. Lovett, who will return to her previous position as Chief Administrative Officer. Marchetto was previously Group President, TrinityRail. Previous to this, he was Chief Financial Officer of the company.
Aviat Networks, Inc. [AUSTIN, TX] (NASDAQ: AVNW) announced the promotion of Eric Chang to Chief Financial Officer. Chang joined Aviat in February 2016 and most recently served as Senior Vice President, Corporate Controller and Principal Accounting Officer. Prior to joining Aviat Networks, Chang served as senior director and corporate controller at Micrel, Incorporated from 2013 to 2016 until it was acquired by Microchip Technology. Before that, Chang served as senior director, assistant corporate controller and business unit controller at Atmel Corporation from 2007 to 2013. Chang was at Ernst & Young LLP from 2003 to 2007, where he last served as senior audit manager.
Pure Cycle Corporation [DENVER, CO] (NASDAQ CM: PCYO) announced the addition of Kevin McNeill as the Company’s Vice President with appointment to Chief Financial Officer effective in early April 2020. McNeill began his career with Ernst &Young in Denver in the Audit and Advisory Business Services group. After being promoted to Audit Manager, McNeill transitioned to corporate accounting and served in various positions including as Controller of Pure Cycle from 2004 through 2012 when he left to be Controller for First Western Financial, Inc. Most recently Mr. McNeill was the VP, Chief Financial Officer and Chief Compliance Officer for a privately held wealth management company in Austin, Texas.
Contegix [DULLES, VA] announced that it has named Mike Dunn as its new chief financial officer. Prior to Contegix, Dunn was the CFO of NeoSystems, LLC. Before NeoSystems, Dunn was the CFO of Siteworx. Prior to that, Mike was the CFO of Recovery Point Systems.
Unique Fabricating, Inc. [AUBURN HILLS, MI] (NYSE American: UFAB) announced it has appointed Brian P. Loftus as Chief Financial Officer. For the last 18 months, Loftus served as the Corporate Controller for Wabash National Corporation. Prior to Wabash, Loftus was the Corporate Controller for Horizon Global Corporation. Loftus has also held various positions with TriMas Corporation, including Controller for TriMas’ former subsidiary Cequent Performance Products, Inc., Segment Financial Manager, and Corporate Audit Manager.
VisitPay [BOISE, ID] announced the addition of Tom Ryden as chief financial officer (CFO). Most recently, Ryden was chief operating officer of AppDetex. Before AppDetex, Ryden held CFO and similar positions at Mapp Digital, Clarivate Analytics, Thomson Reuters, MarkMonitor and SCP Global Technologies.
Footprint [GILBERT, AZ] announced the appointment of Brad Lukow as Chief Financial Officer (CFO). Lukow joins Footprint from Sprouts Farmers Market, where he held the position of interim co-CEO and CFO. Lukow also previously served as executive vice president and CFO of Shoppers Drug Mart. Prior to his experience as CFO, he held roles of increasing responsibility within the financial functions at Shoppers and spent several years in public accounting at Arthur Young International and Ernst & Young.
Surge Holdings, Inc. [MEMPHIS, TN] (OTCQB: SURG) announced the appointment of Anthony Evers as Chief Financial Officer. Evers replaces Brian Speck, who will continue to serve as a consultant to the Company. Most recently, Evers served as Chief Financial Officer for Vista Health System. He has also served as CFO for organizations including Santa Cruz Valley Regional Hospital, KSB Hospital, Norwegian American Hospital, and Horizon Homecare and Hospice.
CenterPoint Energy, Inc. [HOUSTON] (NYSE: CNP) announced that it has appointed current Senior Vice President and Chief Accounting Officer Kristie L. Colvin as interim Executive Vice President and Chief Financial Officer to succeed Xia Liu, who will be leaving the company to pursue another career opportunity following a transition period. An over 30-year veteran of CenterPoint Energy and its predecessor companies, Colvin has served as senior vice president and chief accounting officer since September 2014.