Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, Fintech, DeFi, Blockchain, Web 3 News

USA: CFO Moves – week ending December 7, 2012

Tracking CFO movement across the USA. CFO Moves this week include:


Lithium Technologies announced that it has named Mark Culhane as its new Chief Financial Officer. Most recently, Culhane served as Executive Vice President and CFO of DemandTec, prior to negotiating and leading its sale to IBM. Currently, Culhane serves on the Board of Directors of CallidusCloud, and is chairman of its audit committee and a member of its compensation committee. Previously, Culhane was CFO of iManage, and held the CFO role at publicly traded SciClone Pharmaceuticals.

Visual IQ announced that Angiras “AK” Koorapaty has joined the company in the role of chief financial officer. Prior Angiras Koorapatyto joining Visual IQ, Koorapaty served as chief financial officer of NitroSecurity. He has also held chief financial officer positions at Core Security Technologies, Webhire (acquired by Kenexa Corporation) and Corechange (acquired by Open Text Corporation). Prior, he spent nearly a decade in various financial management roles at Allstate Insurance Company.

Global Eagle Acquisition Corp. (NASDAQ: EAGL) announced that Jeff Epstein, formerly the Executive Vice President and CFO of Oracle Corporation, agreed to join the Global Eagle Board of Directors as independent director upon closing of its proposed business combination in which Global Eagle will acquire Row 44, Inc. (Row 44) and 86% of Advanced Inflight Alliance AG and will be renamed Global Eagle Entertainment Inc. Epstein also has agreed to serve as the Chairman of the Audit Committee. Epstein served as EVP and CFO of Oracle from 2008 to 2011. Epstein has also served as the Chief Financial Officer at DoubleClick, VNU’s Media Measurement and Information Group (now Nielsen) and King World Productions (a unit of CBS Entertainment). Currently, Epstein is a Senior Advisor at Oak Hill Capital Partners and an Executive in MaryFrances McCourtResidence for Bessemer Venture Partners, both of which are located in Menlo Park, CA. Epstein currently serves on the boards of Priceline.com and Shutterstock.

Indiana University announced that IU Treasurer MaryFrances McCourt has been appointed interim vice president and chief financial officer effective Jan. 1. She will succeed Neil Theobald, who is leaving IU at the end of the year to become president of Temple University. McCourt joined IU as treasurer in 2005 from Agilysys Inc.

Big Fish announced the promotion of Dave Stephenson from CFO to President and CFO. Dave joined Big Fish inDave Stephenson 2011, after 11 years at Amazon.com, most recently in the role of vice president of finance for the company’s North American Retail division. Dave previously provided financial leadership for Amazon’s Marketplace business and Amazon Web Services, among other areas. Prior to Amazon, Dave spent nine years with Procter & Gamble.

Sequential Brands Group, Inc. (OTC: SQBG) announced that Gary Klein has joined the Company as its Chief Financial Officer. Gary Klein previously served as Vice President of Finance at Iconix Brand Group. Prior to Iconix, Mr. Klein held finance-related positions at TV Guide Publishing Group, Columbia House and Office.com.

Casella Waste Systems, Inc. (NASDAQ: CWST) said it has promoted chief financial officer Ed Johnson to the post of president and chief operating officer, and that Ned Coletta, vice president of finance and investor relations, would become the company’s new senior vice president, chief financial officer and treasurer. The company also said that Paul Larkin, who had served as president and chief operating officer, has left the company. Before joining Casella as chief financial officer in 2010, Johnson was chief financial officer at Waste Services, Inc. Previously, Johnson was president of Able Telcom during its turnaround, and has been a senior leader in six publicly traded companies, as well as a member of the board of directors at two companies, including Attwoods, PLC.

Mission Community Bancorp (OTC: MISN) announced that Thomas Tolda has been appointed Executive Vice President and Chief Financial Officer of Mission Community Bancorp and its wholly-owned banking subsidiary, Mission Community Bank. Most recently, Mr. Tolda served as Executive Vice President and Chief Financial Officer at Heritage Oaks Bancorp in Paso Robles for the past two years. Prior to that, he was Chief Financial Officer at East West Bancorp in Los Angeles, Chief Financial Officer for the Consumer Credit Group at Wells Fargo & Co., and Chief Financial Officer at Citibank Federal Savings Bank.

PDL BioPharma, Inc. (NASDAQ: PDLI) announced that Bruce Tomlinson has resigned his position as vice president and chief financial officer of PDL due to personal reasons.

EchoStar Corp. (NASDAQ: SATS) announced that David J. Rayner will return to the role of chief financial officer of EchoStar. Kenneth G. Carroll, the current chief financial officer of EchoStar, will assume a broadened role of executive vice president of corporate and business development. Mr. Rayner left his position as chief financial officer of EchoStar in November 2011 to serve as the chief financial officer of a Denver-based start-up. Mr. Rayner has a long history with EchoStar, dating back to 2004 when EchoStar and DISH Network Corp. (DISH) were part of the same company. At DISH, he served first as chief financial officer and later as executive vice president of installation and service networks. After the spin-off of EchoStar in 2008, Mr. Rayner served first as the chief administrative officer and later as chief financial officer of EchoStar until 2011. Prior to his tenure at EchoStar, Mr. Rayner was an executive with Time Warner Telecom in Denver. Prior to joining EchoStar in 2010, Mr. Carroll served as president and chief operating officer of WildBlue Communications, chief financial officer for Liberty Satellite & Technology and chief financial officer for direct-to-home satellite TV provider PrimeStar.

Interline Brands, Inc. announced that John A. Ebner, Interline’s Chief Financial Officer, has informed the Board of Directors of his desire to leave the Company to pursue new opportunities closer to his family. Mr. Ebner will remain in his current position with Interline through March 2013.

UniGroup, parent of United Van Lines, Mayflower and other transportation-related companies, announced that Mark Schroeder, formerly chief financial officer at Patriot Coal, is the new CFO for the company. Schroeder also has worked for McDonnell Douglas Corp. and Ernst & Young, an accounting firm.

Heritage Oaks Bancorp (NASDAQ: HEOP) announced the appointment of Mark K. Olson as Executive Vice Heritage Oaks BancorpPresident and Chief Financial Officer of the Company and Heritage Oaks Bank. Most recently, Mr. Olson served as Executive Vice President and CFO at Pacific Capital Bancorp and its subsidiary Santa Barbara Bank & Trust, until its acquisition by UnionBanCal Corporation. Prior to Pacific Capital Bancorp, Mr. Olson served as Vice President and Finance Director at Goldman Sachs Bank, USA. Mr. Olson also held a number of senior financial management positions at Westcorp, a $16 billion diversified financial services holding company company for Western Financial Bank, a federally chartered savings bank, and WFS Financial, a nationwide automobile finance company, prior to its acquisition by Wachovia Corporation.

SquareTrade announced that Michael Adler has joined the company as Chief Financial Officer (CFO). Michael AdlerPrior to joining SquareTrade, Michael Adler served as executive vice president and CFO of Expedia. Prior to Expedia, Michael served as SVP of financial planning and analysis for IAC/InterActiveCorp. Before joining IAC, Michael served in senior leadership positions at companies including SchoolSports (now known as ESPN Rise) and Cheyenne Software. Michael currently serves on the Board of Directors for Yodle, Inc.

Yodle announced that Michael Adler has been named to its board of directors and has also been appointed as chairperson of the audit committee. Mr. Adler recently joined SquareTrade®, the top-rated protection plan company, as CFO and previously held executive level positions at other companies such as Expedia, Inc., IAC/InterActiveCorp, and Styleclick.

Group FMG announced today that Sandeep Kulkarni has been appointed Chief Financial Officer (CFO) for Group FMG. Kulkarni joins Group FMG from Monsanto. In his twelve year career with Monsanto, Kulkarni held various senior positions in Singapore, the U.S. & India. His work experience prior to Monsanto includes roles with Coca-Cola, Pharmacia and Iridium.

Saba (NASDAQ: SABA) announced the appointment of Michael Shahbazian as Interim Chief Financial Officer. Mr. Shahbazian joins Saba from PDF Solutions where he served as the Company’s Interim CFO and Vice President of Finance from March 2012 to May 2012 and from June 2011 through December 2011. Prior to that, Mr. Shahbazian served as chief financial officer at various companies, including Guidewire Software, Inc. from November 2007 to July 2009, Embarcadero Technologies from October 2005 through July 2007 and Niku Corporation (acquired by Computer Associates) from January 2003 to August 2005.

Pressure BioSciences, Inc. (OTC: PBIO) announced that Conrad F. Mir has joined the Company as its chief financial officer (“CFO”). Most recently, Mr. Mir was chairman and CEO of Genetic Immunity, Inc. (GI). Prior to GI, Mr. Mir served as executive director of Advaxis, Inc. Prior to GI and Advaxis, Mr. Mir worked for several investment banks including Sanford C. Bernstein, First Liberty Investment Group, and Nomura Securities International.

OrthoAccel Technologies announced that Pamela Westbrook has been named Chief Financial Officer, Vice President Finance & Administration. For the past five years, she has provided financial consulting services for a number of privately-owned start-up medical device companies, including OrthoAccel. Prior to that, she served as CFO at Cyberonics, Inc. and the Physicians Resource Group. In addition, she was Vice President, Finance for SulzerMedica USA, Inc, and Vice President, Controller for Sulzer Carbomedics, Inc. She also held a Director-level position with Intermedics, Inc.

Endologix, Inc. (NASDAQ: ELGX) announced that Robert J. Krist, Chief Financial Officer, has decided to retire. Mr. Krist will continue to serve as the Company’s Chief Financial Officer until a successor has been hired.

Tranzyme Pharma (NASDAQ: TZYM) announced that Richard I. Eisenstadt, Vice President, Finance and Chief Financial Officer, has resigned effective January 4, 2013, to pursue a new career opportunity. Upon the effective date of Mr. Eisenstadt’s resignation, Tranzyme’s Controller, Rhonda L. Stanley will perform the duties of principal financial officer and principal accounting officer of the Company.

Chiquita Brands International, Inc. (NYSE: CQB) announced that Brian W. Kocher, the Company’s Chief Financial Officer, has been named to the newly created position of Chief Operating Officer (COO). Kocher has held various senior leadership positions since joining Chiquita in 2005. Prior to serving as Chief Financial Officer, he was President, North America; President, Europe and the Middle East; and Vice President, Controller and Chief Accounting Officer. He has more than 18 years of accounting, sales, finance and business process change expertise, including senior roles at General Electric, Hill-Rom, and PricewaterhouseCoopers.

Harris & Harris Group, Inc. (NASDAQ: TINY) announced that it has appointed Patricia N. Egan as Chief Financial Officer, effective January 1, 2013. Ms. Egan has served as Chief Accounting Officer, as a Vice President and as Senior Controller since June 2005. From June 2005 to December 2005, from August 2006 to March 2008 and from May 2008 to December 31, 2008, she served as an Assistant Secretary. From January 2006 to January 2012, she served as Treasurer and as Secretary of H&H Ventures Management, Inc., a wholly-owned subsidiary of the Company (“Ventures”). Since January 2012, she has served as Chief Accounting Officer, as a Vice President and as Senior Controller of Ventures

Emailvision announced that Jim Beach has been appointed the role of Chief Financial Officer. Most recently, Jim served as CFO & VP at ADP Dealer Services International. Previously, Jim served as CFO and EVP of Cobalt Group Inc., CFO at Attachmate Corporation / WRQ, Inc., CFO at DataChannel, Inc., CFO and SVP at Applied Microsystems Corp.

National Oilwell Varco, Inc. (NYSE: NOV) announced that Clay Williams has been named President and Chief Operating Officer of National Oilwell Varco. Mr. Williams has served as the Company’s Executive Vice President and Chief Financial Officer since March 2005. He served as Varco International, Inc.’s Vice President and Chief Financial Officer from January 2003 until its merger with the Company in March 2005. Jeremy Thigpen will assume the role of Senior Vice President and Chief Financial Officer. Mr. Thigpen has served as the Company’s President – Downhole Pumping and Solutions since 2007. Prior to that, Mr. Thigpen was the President of the Company’s Downhole Tools group from 2003 until 2007.

CoaLogix announced the hiring of Brett Ellis as Chief Financial Officer (CFO) of the company. Mr. Ellis was most recently with Charlotte based FairPoint Communications where he held the position of Vice President — Business Planning and Financial Reporting; Vice President — Financial Reporting & Investor Relations and Vice President — Assistant Corporate Controller. Prior to that, Brett was with CT Communications in the role of Manager — Financial Reporting.

Dole Food Company, Inc. (NYSE: DOLE) announced that Keith C. Mitchell, current chief financial officer of Dole’s North American Fresh Fruit business, will become Chief Financial Officer; Joseph S. Tesoriero, current Executive Vice President and Chief Financial Officer, will be leaving Dole.

Abakan Inc. (OTC: ABKI) announced that it has appointed David Charbonneau as its new chief financial officer. Mr. Charbonneau has served as a member of the Corporation’s board of directors and as the head of Abakan’s audit, compensation, nominating and ethics committees since June of this year. The transition from his role on the board of directors to chief financial officer is part of a vigorous expansion of Abakan’s executive team. Prior to joining Abakan, Mr. Charbonneau served as the CFO of Diamond Engineered Space Inc., later sold to GE Capital, and Waco International Corporation, a subsidiary of an Australian public company.

ANTs Software, Inc. (OTC: ANTS) announced the addition of Elise Vetula, who joins ANTs as Chief Financial Officer and Member of the Board Of Directors, from NextTraq where she served as the Comptroller.

Brunswick Corporation (NYSE: BC) announced its plan of succession for chief financial officer, naming William L. Metzger to this position. Most recently vice president and treasurer of the Company, Metzger will succeed Peter B. Hamilton, who is retiring in February 2013. Metzger joined Brunswick in 1987 as a manager in the accounting department. In 1991, he was assigned to Brunswick’s internal audit staff as a manager, and in 1996 was named director – corporate accounting. In 2001, Metzger was named vice president and treasurer.

CapStar Bank announced that Rob Anderson has been appointed Chief Financial Officer. Most recently, he was Senior Vice President of Business Performance Management with Bank of America Corporation. Additionally, he held multiple Finance roles with Bank of America, including serving as Chief Financial Officer of Business Banking. Between two different tenures at Bank of America Corporation, Anderson served as SVP of Capital One Bank, North America, and Chief Financial Officer of Capital One’s Commercial Bank.

Endowment Capital Group, LP announced that Pam Strisofsky has joined the firm as Chief Operating Officer and Managing Director. Prior to joining Endowment Capital, Pam was a Managing Director and Chief Financial Officer of TL Ventures.

Martifer Solar USA named senior banking executive Roland Kiser as its Chief Financial Officer. Kiser is a veteran of UBS and HSH Nordbank.


Vendredi 14 Décembre 2012




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