CFO Moves this week include:
Iron Mountain Incorporated | HCA | Alpha and Omega Semiconductor Limited |
Loews Corporation | Green Dot Corporation | Skullcandy, Inc. |
AOL Networks | Brady Corporation | Acorda Therapeutics, Inc. |
American Solar Direct | American Spectrum Realty, Inc. | NutraClick |
Vivint | Oclaro, Inc. | K-V Pharmaceutical Company |
ARC Group Worldwide, Inc. | Chesapeake Hospitality | SolarReserve |
Neurotrope, Inc. | vcfo | Gold Resource Corporation |
Rainmaker Systems, Inc. | Integrate | Echo Global Logistics, Inc. |
EPAM Systems, Inc. | Vantage Oncology, LLC | LeadiD |
Turtle Beach | Pulse Electronics Corporation | Sungevity, Inc. |
RegalWorks Media, Inc. | Diamond K Inc. | WinnCompanies |
ThreatTrack Security |
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CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Stanton Chase International). Samuel can be reached by email at s.dergel@stantonchase.com or by phone at +1 (415) 738-2070.
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Iron Mountain Incorporated (NYSE: IRM) announced that Brian P. McKeon, the company’s executive vice president and chief financial officer, will be leaving to pursue other opportunities. McKeon will step down effective Oct. 31, 2013, but will remain with the company through the end of 2013 for transition purposes. McKeon has served as Iron Mountain’s CFO since April 2007. Effective Nov. 1, 2013, Roderick Day, senior vice president and CFO, International, will serve as the company’s acting CFO while the company considers both internal and external candidates. Day has been with the company since 2008. Prior to joining Iron Mountain, Day held senior finance positions at AOL Europe, including director of financial control and planning, vice president finance and strategy, and most recently, CFO for Europe. Prior to AOL, Day held senior strategic planning and finance roles at Kingfisher plc.
HCA (NYSE: HCA) announced that William B. Rutherford will become Chief Financial Officer and Executive Vice President of the Company, effective January 1, 2014. Rutherford will succeed R. Milton Johnson as CFO when Johnson, HCA’s President and CFO, becomes President and CEO at the end of the year. The Company announced in July that Richard M. Bracken would retire as CEO at the end of 2013. Rutherford currently serves as Chief Operating Officer of HCA’s Physician Services Group. A 24-year veteran of HCA, Rutherford joined the Company as a staff auditor in 1986. He served the Company in a variety of roles and from 1996 – 2005 was Chief Financial Officer for what was then the Company’s Eastern Group. In 2005, he left HCA to start his own training and education company, which led to work with several private equity ventures. He later served as Chief Operating Officer of Psychiatric Solutions, a behavioral health services provider, from March 2006 to June 2007. Rutherford rejoined HCA and served as Chief Financial Officer of the Company’s Outpatient Services Group from November 2008 through January 2011.
Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) reported that Mary L. Dotz, its Chief Financial Officer, has announced her resignation in order to pursue other interests. The resignation will be effective on November 11, 2013, and Ms. Dotz will remain as the Chief Financial Officer until such time. The Company has appointed Yifan Liang, the Chief Accounting Officer of the Company, to serve as the Interim Chief Financial Officer, effective November 11, 2013. Yifan joined AOS as Corporate Controller in 2004. Yifan has served as Chief Accounting Officer since October 2006, and also as our Assistant Corporate Secretary since November 2009. Prior to joining us, Yifan worked with PricewaterhouseCoopers LLP, or PwC, from 1995 to 2004 in various positions.
Loews Corporation (NYSE: L) announced that Peter Keegan will retire in May 2014 as Senior Vice President and Chief Financial Officer, a position he has held since 1997. Mr. Keegan will stay on at Loews as Senior Advisor. David Edelson, a Senior Vice President who joined the company in 2005, will succeed Mr. Keegan as Chief Financial Officer. In his current role, Mr. Edelson focuses on strategy, corporate development and investor relations, and monitors the performance of Loews’s subsidiaries. Prior to joining Loews, Mr. Edelson was with J.P. Morgan Chase & Co., where he served as Executive Vice President and Corporate Treasurer.
Green Dot Corporation (NYSE: GDOT) announced it has named Grace Wang to the position of Chief Financial Officer. Ms. Wang joins Green Dot from JP Morgan Chase where she most recently was based in London and held the position of Managing Director and Chief Financial Officer of Investor Services Sales for Europe, Middle East and Africa (EMEA). Prior to becoming CFO of that division, Ms. Wang held various senior finance and leadership roles at JP Morgan Chase since 2004, including EMEA CFO and Head of International Strategy and Business Development of the Treasury and Securities Services division. Prior to her years at JP Morgan Chase, Ms. Wang worked in the Financial Services and Telecom, Media, and Technology practices of Booz & Co and A.T Kearney. Ms. Wang will assume her new role on November 18, 2013.
Skullcandy, Inc. (NASDAQ: SKUL) announced the appointment of Jason Hodell as chief financial officer, effective no later than November 4, 2013. Hodell joins Skullcandy directly from Shopzilla where he served as chief financial officer. Prior to Shopzilla, Hodell was chief financial officer and chief operating officer of Move Networks. Earlier in his career, Hodell was senior director of business operations at Digex, now a division of Verizon Communications.
AOL Networks announced that Chris Heine has accepted a new role as CFO of AOL Networks. Chris, was most recently Senior Vice President, Advertising Business Operations. Chris will continue to lead the Advertising Business Operations group at AOL Networks.
Brady Corporation (NYSE: BRC) announced the retirement of President and Chief Executive Officer Frank M. Jaehnert and the appointment of current Senior Vice President and Chief Financial Officer Thomas J. Felmer as Interim President and CEO. Felmer will retain his responsibilities as CFO and Senior Vice President while the Board conducts a search for a new President and CEO.
Acorda Therapeutics, Inc. (NASDAQ: ACOR) announced that Michael Rogers has joined the Company as Chief Financial Officer (CFO). David Lawrence, who previously served as CFO, has been appointed Chief of Business Operations (CBO). Most recently, Rogers served as Executive Vice President and CFO of BG Medicine, Inc. Prior to that, Mr. Rogers served as the CFO of Indevus Pharmaceuticals for 10 years until the company’s sale to Endo Pharmaceuticals.
American Solar Direct announced the appointment of Kevin A. Bauer as its Chief Financial Officer. Kevin was most recently at Global H2O Investments. Prior to GHI, Kevin was CFO and vice president of business development for Archimedes Technology Group. Earlier in his career, Kevin held senior investment banking positions for firms such as Donaldson, Lufkin & Jenrette, Credit Suisse First Boston and UBS Securities. Ravi Thuraisingham, co-founder and former President and CFO, will continue to serve on ASD’s Board of Directors and work with the company on strategic initiatives, reporting to the CEO.
American Spectrum Realty, Inc. (NYSE: AQQ) announced the appointment of Elisa Grainger to the position of Chief Financial Officer. Mrs. Grainger has more than 15 years of experience in finance and accounting with national companies engaged in the management of commercial, residential and self-storage properties. American Spectrum’s former CFO, Anthony Eppolito, resigned his position effective October 3.
NutraClick announced the appointment of Steve Wietrecki as Chief Financial Officer. Before joining NutraClick, he held a variety of executive leadership positions with companies including Backupify, iPhrase Technologies, ON Technology and Texas Instruments.
Vivint announced the appointment of Mark Davies as the company’s new Chief Financial Officer (CFO). Before joining Vivint, Davies worked at Alcoa, where he served as the executive vice president and president of global business services, the chief procurement officer, and as a member of executive council. Prior to Alcoa, Davies served as managing vice president of strategic programs for Dell Inc. He also served as the chief financial officer of Dell’s Global Consumer Group. He has also worked for Hewlett Packard in financial operations, manufacturing, supply chain, procurement, and accounting for a number of international operations.
Oclaro, Inc. (NASDAQ: OCLR) announced that its chief financial officer, Jerry Turin, plans to resign from Oclaro on November 8, 2013, to pursue other opportunities. The company expects to name Mr. Turin’s successor on or before November 8. Mr. Turin joined Oclaro in 2005 as corporate controller. He was later promoted to vice president of finance before assuming the role of chief financial officer in 2008.
K-V Pharmaceutical Company announced the appointment of Gregory Norden, former Senior Vice President and Chief Financial Officer for Wyeth Corporation, to its Board of Directors. Norden is currently the managing director of G9 Capital Group, LLC. Norden sits on the boards of Zoetis, NanoString Technologies, and Welch Allyn.
ARC Group Worldwide, Inc. (NASDAQ: ARCW) announced the appointment of Drew M. Kelley as the new Chief Financial Officer, replacing Norma Caceres. Ms. Caceres will continue in a leadership capacity in the finance and accounting department of the QMT Metal Injection Molding (“MIM”) businesses. Mr. Kelley was most recently a Senior Vice President at Jefferies LLC, a major Wall Street investment bank. Prior to Jefferies, he held investment banking and equity research posts at Bear, Stearns & Co. Inc. and Merrill Lynch & Co.
Chesapeake Hospitality announced that it has added Louis Schaab as Chief Financial Officer to its leadership team. With more than 20 years of finance and accounting experience, Schaab most notably served as senior vice president of finance at MeriStar Hotels and Resorts. Schaab also served as the principal/operating partner of portfolio management for Washington-based Allied Capital Corporation. He most recently served as senior director of finance for insurance and financial services at National Rural Electric Cooperative Association. Schaab has also held Board of Directors seats at seven Allied Capital portfolio companies, and is a member of the Board of Advisors for Therapeutic Recreation and Riding Center in Glenwood, MD.
SolarReserve announced the appointment of Tim Rosenzweig as Chief Financial Officer. Immediately prior to joining SolarReserve, Rosenzweig served as Chief Executive Officer of Goldwind USA., the US subsidiary of Goldwind Group. Prior to Goldwind, Rosenzweig was a co-founder and served as CFO of the Boston-based wind developer First Wind. Prior to joining First Wind, he worked as a Vice President at a Nomura-backed private equity fund in New York and at GE Capital Market Services group in Hong Kong, Singapore and the US. Rosenzweig began his financial and international career in 1992 as an analyst for Lehman Brothers’ utilities and project finance group in New York and Hong Kong.
Neurotrope, Inc. (formerly BlueFlash Communications, Inc.) (OTC: NTRP) announced that it has formally hired Robert Weinstein to be its Executive Vice President and Chief Financial Officer. Mr. Weinstein had been the acting Chief Financial Officer, as a consultant, since May 2013. Prior to joining Neurotrope, Mr. Weinstein was a financial and accounting consultant to several healthcare companies in the pharmaceutical, medical device and biotechnology industries. Prior to his consulting roles, Mr. Weinstein was the Chief Financial Officer of three publicly traded companies. Prior to his senior officer and consulting positions, Mr. Weinstein was a founding partner in a highly successful healthcare-oriented private equity fund and an investment banker focused on micro-cap company financings and mergers & acquisitions.
vcfo announced that Joseph Voss has joined the Austin office as Consulting CFO, and Josh Tabin will serve as Technology Practice Manager for the firm. Prior to joining vcfo, Voss held senior executive positions as CFO and other leading roles in finance, business development, strategy and marketing at smaller entities such as Visionary Private Equity Group, Lynntech, Eclipse Aviation, Trajen Flight Support, and Mooney Aircraft, as well as at large companies such as Dell, Pulte and Prudential. Prior to joining vcfo, Tabin was the COO at FullQuota, President of Mosaic CFO, CFO of RigNet, VP-Finance/Treasurer for Rackspace, and held a variety of roles at SBC Communications including Corporate Financial Planning and Wireless Strategic Operations.
Gold Resource Corporation (NYSE: GORO) announced that Brad Blacketor, Chief Financial Officer (CFO), has resigned his position due to personal reasons. The company has appointed Joe Rodriguez, Corporate Controller, as the Company’s new CFO. Joe Rodriguez has served as Corporate Controller of the Company since 2010. Prior to joining Gold Resource Corporation, Joe served as Internal Audit Director for Apex Silver Mines Corporation.
Rainmaker Systems, Inc. (OTC: RMKR) announced the appointment of Brad Peppard as executive vice president and chief financial officer (CFO). Mr. Peppard was the former chairman of the Board of Directors (Board), and head of the Company’s audit committee for the last several years. Peppard held various senior-level finance and treasury positions at leading companies such as Trader Joe’s, CBS/Fox Studios, and Survey.com.
Integrate announced the appointment of David Tomizuka as chief financial officer. Prior to Integrate, Tomizuka served as a Managing Director for the investment banking division of Southwest Securities, Inc., a subsidiary of SWS Group, Inc. Before SWS, Tomizuka served as the president at three different companies, most recently as President of Valley-Dynamo, LLC., a division of Brunswick Corporation.
Echo Global Logistics, Inc. (NASDAQ: ECHO) announced that Dave Menzel is being promoted from Chief Financial Officer to Chief Operating Officer. Menzel has been with Echo since 2008. Kyle Sauers, Senior Vice President Finance & Controller for Echo since 2011, has been appointed to the position of Chief Financial Officer.
EPAM Systems, Inc. (NYSE: EPAM) announced that it has named Anthony J. Conte as Chief Financial Officer effective November 8, 2013. Anthony will replace Ilya Cantor who will be joining a global technology company as Executive Vice President and Chief Financial Officer. Anthony J. Conte currently serves as Vice President of Finance and compliance officer, and has spent over 6 years with the Company in various positions of increasing responsibility within the finance and administration areas. Before joining EPAM, Anthony held several senior finance roles within the McGraw Hill organization. Mr. Conte started his career with Coopers & Lybrand.
Vantage Oncology, LLC announced that it has promoted Marshal Salomon to the newly created position of Chief Operating Officer. He previously served as Vantage’s Chief Financial Officer, a role he has occupied since the company’s inception in 2002.
LeadiD announced the appointment of Lou Desiderio as Chief Financial Officer. Prior to joining LeadiD, Desiderio served as Chief Financial Officer for Knovel Corporation; Princeton Softech, acquired by IBM; netForensics, and Innovative Tech Systems, acquired by Peregrine Systems.
Turtle Beach announced that John Hanson has joined the company as Chief Financial Officer. Hanson has served as chief financial officer with five publicly traded companies, most recently as executive vice president and chief financial officer at Dialogic, Inc. Hanson succeeds Bruce Murphy in the position of CFO.
Pulse Electronics Corporation (NYSE: PULS) announced that Michael C. Bond has been appointed Senior Vice President and Chief Financial Officer, replacing Drew A. Moyer, who resigned from Pulse to move back to the East Coast in order to be closer to his family. Mr. Moyer’s resignation is effective November 6, 2013. Mr. Bond has served in various financial roles with the company over the last two years, with his most recent assignment being Vice President and Treasurer of Pulse.
Sungevity, Inc. announced the appointment of Ken Schwarz as the company’s Chief Financial Officer. Prior to joining Sungevity, he served as Chief Financial Officer and Senior Vice President of Information Systems at Primus Telecommunications Group Inc. Prior to that, Schwarz was President and Chief Financial Officer of Simplexity, LLC. He also has held executive positions at Intersections Inc., WinStar Telecommunications, Cable & Wireless and MCI, where he served as Corporate Controller.
RegalWorks Media, Inc. (formerly AmerElite Solutions, Inc.) (OTC: RWMI) named Marcia Allen as Chief Financial Officer and appointed her to the RegalWorks Board of Directors. Ms. Allen was a founder and served as Chief Financial Officer and Director of The Movie Group, which was the original platform company to what is now Lionsgate Entertainment. Ms. Allen has held positions as Chief Financial Officer for Taco Bell Corp. (a subsidiary of Yum! Brands, Inc., (NYSE)), Senior Vice President of Finance and Business Development at WR Grace & Co (NYSE), and a founder of Ruby Tuesday, Inc. (NYSE).
Diamond K Inc. announced the promotion of Susann M. Tully from controller to chief financial officer. Over the past three decades, Susann has held various accounting and financial positions.
WinnCompaniesannounced that Bryan Hunt has been hired as chief financial officer for WinnResidential, the property management arm of WinnCompanies. Hunt joined WinnResidential after serving as the chief accounting officer for Essex Property Trust, Inc. for eight years. Prior to Essex, Hunt also held management positions for more than 10 years at public accounting firms, including Hemming Morse, Arthur Andersen, KPMG and Deloitte & Touche.
ThreatTrack Security announced the appointment of Stewart D. Curley as chief financial officer. Prior to joining ThreatTrack Security, Curley worked at Modus eDiscovery, Inc. He continues to be a member of the company’s advisory board. Curley previously served as chief operating officer and chief financial officer for SecureInfo Corporation. Curley has also served as the corporate controller and director of finance for Orbital Sciences Corporation, as well as chief financial officer for the Performance Operations Management Systems Corporation.