CFO Moves this week include:
|Burger King Worldwide, Inc.||Stryker Corporation||DENTSPLY International Inc.|
|Getty Images||Lucas Energy, Inc.||Harsco Corporation|
|Direxion||Hooper Holmes||Kinetic Concepts, Inc.|
|Learning Tree International||10gen||Turn|
|Qualstar Corporation||West Star Aviation||GreenGro Technologies Inc.|
|Schmitt Industries, Inc.||Bunge Limited||Titan International, Inc.|
|Federal Signal Corporation||Veracyte, Inc.||Sonic Automotive, Inc.|
|Education Management Corporation||Laser Light Engines, Inc.||Green Dot Corporation|
|Hanmi Financial Corporation||Zoom Media Group Inc.||Eclipse Resources Operating, LLC|
|PharMerica Corporation||UniTek Global Services, Inc.|
Would you like to receive our weekly CFO Moves directly in your email? Click the SIGN ME UP! button on the right of the blog page.
Should you have any CFO Moves to report, please email us.
NOTE: CFO Search Report available monthly to CFOs only. Read more here.
CFO Moves is published by Samuel Dergel (Executive Search Consultant and CFO & Financial Executive Search Specialist with Dergel Executive Search). Samuel can be reached by email at email@example.com or by phone at +1 (415) 738-2070.
+ + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + + +
Burger King Worldwide, Inc. (NYSE:BKW) announced that Chief Financial Officer Daniel Schwartz has been appointed to the role of Chief Operating Officer. In this new role, the company’s senior management team will report directly to Mr. Schwartz. On July 1, 2013, Mr. Schwartz will be appointed to the role of Chief Executive Officer. Since 2010, Mr. Schwartz has served as the company’s Chief Financial Officer. Prior to joining BKW, as a Partner at 3G Capital, Mr. Schwartz was responsible for sourcing, analyzing and executing the firm’s acquisition of BKW. Joshua Kobza will succeed Mr. Schwartz as Chief Financial Officer. Mr. Kobza was previously Senior Vice President, Global Finance. He joined the company in June 2012 and will continue to report to Mr. Schwartz.
Stryker Corporation (NYSE: SYK) announced that William Jellison has joined the Company in the position of Vice President, Chief Financial Officer. Dean Bergy, Stryker’s Interim CFO and Vice President, Corporate Secretary, will help support Mr. Jellison in his new role during a transition period through the second quarter of 2013. Mr. Bergy will remain Vice President, Corporate Secretary. Prior to joining Stryker, Mr. Jellison had 15 year tenure at Dentsply International, most recently as the company’s Senior Vice President and Chief Financial Officer. Mr. Jellison’s experience at Dentsply included an assignment as a Senior Vice President with full P&L responsibilities over a number of international and domestic operations prior to returning to the CFO role in 2005. Before joining Dentsply, he spent 18 years with Donnelly Corporation.
DENTSPLY International Inc. (NASDAQ: XRAY) announced that Chris Clark, DENTSPLY’s former President and Chief Operating Officer will assume the role of President and Chief Financial Officer. Mr. Clark joined DENTSPLY in 1993. The Company also announced that William Jellison has resigned as Senior Vice President and Chief Financial Officer to pursue another business interest.
Getty Images announced the appointment of Tara M. Comonte as Chief Financial Officer (CFO). Since 2010, Ms. Comonte has served as Global CFO of McCann Worldgroup, the world’s largest marketing communications business. Previous roles include Global CFO and Chief Operating Officer of Mediabrands; Global CFO of Universal McCann; and Regional CFO for Europe, the Middle East and Africa within the Publicis Groupe.
Lucas Energy, Inc. (NYSE: LEI) announced the appointment of William J. Dale as Chief Financial Officer, Treasurer and Secretary of the Company. Mr. Dale replaces Anthony C. Schnur in those posts, which Mr. Schnur has held on an interim basis since being named CEO of Lucas Energy in December 2012. Most recently Dale served as a financial consultant for several private equity and independent E&P companies, having previously served as Director of Finance, Planning & Analysis for Global Industries Ltd. Prior posts include CFO and Controller at KD Resources, a private E&P company and CFO, Treasurer and Secretary at Blue Dolphin Energy. He also has prior experience working at Rosetta Resources, Huber Energy, El Paso Corporation, Columbia Energy and Tejas Gas (acquired by Shell Oil).
Harsco Corporation (NYSE: HSC) announced the appointment of F. Nicholas Grasberger as Senior Vice President and Chief Financial Officer. Mr. Grasberger served most recently as the Managing Director of the multinational Precision Polymers Division of Fenner Plc. Prior to joining Fenner, he served as the Chief Financial Officer of Armstrong Holdings, Inc., the parent company of Armstrong World Industries, before serving as CEO of the company’s Building Products division. Previously, Mr. Grasberger served as the Chief Financial Officer for Kennametal, Inc., while earlier in his career, he also served as Corporate Treasurer and director of the corporate planning process at H. J. Heinz Company. He started his career in 1985 with USX Corporation. Mr. Grasberger will succeed Barry E. Malamud, who has been serving in an interim CFO capacity and will now return to his position as Vice President and Corporate Controller reporting directly to Mr. Grasberger.
Direxion announced that Eric Falkeis has been appointed President and Chief Operating Officer of Rafferty Asset Management, the advisor to Direxion Funds and Direxion Shares. He was most recently Chief Financial Officer and Director of Exchange-Traded Fund (ETF) Operations at U.S. Bancorp Fund Services, where he worked closely with Direxion for more than a decade. Mr. Falkeis spent more than 15 years at U.S. Bancorp Fund Services.
Hooper Holmes (NYSE: HH) announced that Henry E. Dubois has been appointed President and Chief Executive Officer and will become a member of the Company’s Board of Directors. Mr. Dubois has been advising Hooper Holmes on business strategy and financial operations since January 2013. Since 2011, Mr. Dubois has been a partner at Tatum, LLC. In previous roles, he served as Executive Vice President and Chief Financial Officer of GeoEye, Inc.; President, Chief Operating Officer and Chief Financial Officer of DigitalGlobe, Inc.; Chief Executive Officer and Chief Financial Officer of an Asia Pacific Telecommunication company; and Senior Vice President of an Asia Pacific conglomerate in Jakarta, Indonesia. He also served as a consultant with Booz, Allen & Hamilton and began his career as an internal auditor and finance supervisor for Exxon Corporation. Mr. Dubois’ appointment follows the departure of Ransom J. Parker, who served as President and Chief Executive Officer of Hooper Holmes since September 2010.
Kinetic Concepts, Inc. announced that Robert Hureau has been appointed Executive Vice President, Chief Financial Officer. Hureau spent the last six years in various leadership roles at Sensata Technology Holdings N.V., including Corporate Controller, Chief Accounting Officer and, for the last two years, Senior Vice President, Chief Financial Officer. Previously, he has held other finance leadership positions with Brooks Eckerd Pharmacy, Ocean Spray Cranberries, Inc. and Coca-Cola Enterprises, Inc.
Learning Tree International (NASDAQ: LTRE) announced that David W. Asai has joined Learning Tree International, Inc. as its Chief Financial Officer. Mr. Asai has been serving as Interim CFO since September, 2012. He has served as a CFO Partner in the Mid Atlantic Practice of Tatum, since October 2011. Prior to joining Tatum, Mr. Asai was an independent financial consultant providing services to companies in the for-profit education sector. He has also served as Chief Financial Officer of Voyager Learning Company, Independence Air, and Spirit Airlines.
10gen, the MongoDB company, announced the appointment of Sydney Carey as Chief Financial Officer. Carey held a variety of roles during her nine years at TIBCO, most recently as the Executive Vice President and Chief Financial Officer. She was promoted from Vice President of Finance to CFO in January 2009. Prior to TIBCO, Carey was CFO at Autonomic Networks (also known as Vernier Networks), and before that at Pacific Broadband Communications, where she directed the company through its acquisition by Juniper Networks. Carey serves on the board of Bazaarvoice.
Turn announced the appointment of Joe Nemeth as its chief financial officer. Nemeth is the former vice president of corporate strategy and finance at Adobe. He previously had a long tenure in the medical device and aerospace industries, working as an engineer, product manager, and business development leader at companies such as Boeing, Boston Scientific and Medtronic.
Qualstar Corporation (NASDAQ: QBAK) announced the addition of Philip G. Varley as Chief Financial Officer. Mr. Varley joins Qualstar from the Barrington Group in Denver, Colorado. While at Barrington he held various financial leadership roles including CFO of DemandPoint Inc., and several other private companies in international turnaround situations. Earlier in his career Mr. Varley held various leadership roles in audit, tax, legal and risk mitigation, first with a Big 4 accounting firm and subsequently as a senior financial executive.
West Star Aviation announced that Mike Shonka will be joining their team as Chief Financial Officer (CFO). Mike has had an extensive career as a financial executive in financial services and aviation, including Cessna Aircraft Company, where he was the Chief Financial Officer for 14 years.
GreenGro Technologies Inc. (PINK: GRNH) announced the appointment of Owen Naccarato to GreenGro’s Board of Directors. Mr. Naccarato has also accepted the position of Chief Financial Officer at GreenGro Technologies. Owen Naccarato is a practicing attorney with a practice specializing in securities and corporate law. He also holds an MBA in Finance and prior practicing CPA. He is currently a board member for several publicly listed companies.
Schmitt Industries, Inc. (NASDAQ: SMIT) announced that Ann M. Ferguson has been named Chief Financial Officer and Treasurer of the Company. Ferguson is a former partner with Deloitte & Touche, LLP in Portland, where she spent over twenty years in public accounting. She replaces Jeff Siegal.
Bunge Limited (NYSE: BG) announced the appointment of Todd Bastean to the position of CEO, Bunge North America, effective June 1. Mr. Bastean is currently CFO, Bunge North America. Mr. Bastean started his career at Bunge in 1994 and became CFO of Bunge North America in 2010. Before assuming that role he served as vice president & general manager of the operating company’s milling and biofuels business units, and as vice president and chief administrative officer of its grain and milling business units. He also held positions in strategic planning and auditing.
Titan International, Inc. (NYSE: TWI) announced that Keith Fuglaar has been hired as Vice President of Finance for North America. Mr. Fuglaar joins Titan International from The Egging Company, where he served as Chief Financial Officer. Prior to this, he was VP-Finance for ARC Automotive, Corporate Controller at HNTB Corporation and Director-FP&A with McLeodUSA.
Federal Signal Corporation (NYSE: FSS) announced the appointment of Brian S. Cooper to the position of senior vice president and chief financial officer, effective May 28, 2013. Mr. Cooper will replace Braden Waverley , who has served as interim chief financial officer since October 2012. Mr. Cooper has served since 2009 as chief financial officer of Westell Technologies, Inc. Prior to Westell, Mr. Cooper served as chief financial officer and treasurer of Fellowes, Inc. from 2007 to 2009. Before joining Fellowes, he served as senior vice president and treasurer since 2001 of United Stationers Inc. Prior to joining United Stationers, Mr. Cooper served as treasurer of Burns International Services Corporation, and held various financial positions during his 12 year tenure with Amoco Corporation.
Veracyte, Inc. announced the appointment of Shelly D. Guyer as chief financial officer. Ms. Guyer previously was chief financial officer and executive vice president of finance and administration at iRhythm Technologies. Prior to that, she served on the management team and as vice president of business development and investor relations at Nuvelo. Ms. Guyer began her business career at J.P. Morgan Securities and its predecessor companies, where for over 17 years she held various positions, including principal and vice president of health care banking for the West Coast.
Sonic Automotive, Inc. (NYSE: SAH) announced that the Company has promoted Heath R. Byrd from Chief Information Officer to Executive Vice President and Chief Financial Officer. Mr. Byrd joined Sonic in November of 2007 as CIO. Before joining Sonic Automotive, Mr. Byrd held several positions at HR America including President, Chief Operating Officer and Chief Financial Officer. Prior to his tenure at HR America, Mr. Byrd was a manager at Ernst & Young where he consulted in financial strategy and mergers & acquisitions.
Education Management Corporation (NASDAQ: EDMC) announced that Mick J. Beekhuizen will join the Company as Executive Vice President and Chief Financial Officer. Most recently, Mr. Beekhuizen left Goldman Sachs where he was a Managing Director within the Merchant Banking Division in New York. He joined Goldman Sachs in 2000 as a financial analyst in Investment Banking in Frankfurt, Germany, and joined Merchant Banking in 2004 when he moved to New York. In 2010, Mr. Beekhuizen was named a Managing Director. He has also served on the board of EdgeMarc Energy Holdings, LLC and, since October 2009, on the board of Education Management, a position he will relinquish to assume his new role as CFO of the Company.
Laser Light Engines, Inc. announced that David J. Parent has been appointed Vice President of Finance and Chief Financial Officer. Previously he served as CFO at Aegis Lightwave, Inc. Parent also served as Director of Finance & Controller for Integral Access, Inc. Parent began his career with numerous accounting and finance positions at National Semiconductor Corp.
Green Dot Corporation (NYSE: GDOT) announced that John Keatley, Chief Financial Officer, has notified Green Dot that he would be leaving the company effective September 1, 2013. Mr. Keatley will be leaving Green Dot in order to relocate his family to Sweden, his wife’s original home, where he will serve as chief financial officer for a Stockholm-based technology company. Mr. Keatley has committed to continue to serve full time as Green Dot’s Chief Financial Officer through September 1, 2013 and will additionally assist in recruiting a new Chief Financial Officer.
Hanmi Financial Corporation (NASDAQ: HAFC), the holding company for Hanmi Bank, announced that Shick “Mark” Yoon was appointed as Chief Financial Officer. Mr. Yoon has served at Hanmi since 2008, and previously held the positions of interim Chief Financial Officer, Chief Strategy Officer, Deputy CFO, Treasurer and Senior Planning Officer. Prior to joining Hanmi, he was a financial and management consultant to a number of middle-market companies, and served as an auditor with Deloitte & Touche.
Zoom Media Group Inc. announced the appointment of Samuel Recenello as its Chief Financial Officer. Mr. Recenello has spent his career with such companies as: Dowden Health Media, Carat/Aegis Media Americas and McCann Erickson WorldGroup.
Eclipse Resources Operating, LLC announced that Matthew DeNezza has joined as Executive Vice President and Chief Financial Officer. Prior to joining Eclipse Resources, Mr. DeNezza served as a Managing Director in the Global Natural Resources Group for over ten years at Deutsche Bank. Prior to his role with Deutsche Bank, Mr. DeNezza worked in the Corporate Finance Group at Janney Montgomery Scott LLC and before entering the banking industry, Mr. DeNezza held the position of Lieutenant in the United States Navy.
PharMerica Corporation (NYSE: PMC) announced that the Company has appointed David W. Froesel, Jr. as interim Chief Financial Officer. Mr. Froesel succeeds Michael J. Culotta, who by mutual agreement with the Company, is stepping down to pursue other interests. Mr. Froesel was Senior Vice President and Chief Financial Officer of Omnicare, Inc., from 1996 to 2009. Prior to that, he was Vice President, Finance & Administration and Corporate Controller of subsidiaries of Mallinckrodt Group, Inc.
UniTek Global Services, Inc. (NASDAQ: UNTK), announced that Ronald J. Lejman, Chief Financial Officer and Treasurer, has been terminated. UniTek has engaged Kenneth J. Cichocki of Pillar Solutions Group, to serve as the Company’s interim Chief Financial Officer. Mr. Cichocki has served as chief financial officer for both public and private companies.