CFOs on the Move: Week ending March 27, 2015

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03/27/2015
  • U.S. Auto Parts Network has appointed Neil Watanabe to lead the finance function. He succeeds interim CFO Michael Yoshida, who will return to his position as controller. Watanabe joins the firm from National Stores, where he was chief operating officer.
  • Sandy Bell has been named to head finance at Logic PD, succeeding Frank Hallowell, who has resigned. Bell is a former CFO of ExpressPoint Technology Services.
  • Peter Clifford has been Lognamed to the top finance spot at Cantel Medical. He takes over for Craig Sheldon, who is retiring. Most recently, Clifford was vice president of operations finance and information technology at IDEX.
  • Watts Water Technologies has named Todd Trapp to lead the finance function, effective April 9. He joins the company from Honeywell International, where he was vice president of financial planning and analysis.
  • Staffing-services provider Volt Information Sciences has chosen Paul Tompkins to fill the top finance spot. Previously, he was finance chief at Reader’s Digest Association.
  • Kadant, which manufactures papermaking machinery, has promoted Michael McKenney to lead the finance function, effective June 30. He takes over for Thomas O’Brien, who is retiring. McKenney joined Kadant in 1993 and is now vice president of finance and chief accounting officer, posts he has held since 2002.
  • Peter Abram has resigned as finance chief at FARO Technologies. Until his replacement is found, corporate controller Janet D’Anjou will become interim principal financial officer and interim principal accounting officer.
  • Schweitzer-Mauduit International, which supplies paper to the tobacco industry, has said that CFO and treasurer Jeffrey Cook is retiring, effective April 3. Controller Bob Cardin will become acting CFO.
  • Michael Goergen has been named CFO and treasurer of Digi International, effective April 20. He succeeds Steven Snyder, who is retiring. Previously, Goergen was senior vice president of finance for Trimble Navigation’s transport-logistics division.
  • Food-services and uniform provider Aramark has appointed Stephen Bramlage, Jr., to lead the finance function, effective April 6. He will take over for Fred Sutherland, who will remain with the firm through year-end and then retire. Bramlage comes to the company after nine years at Owens-Illinois, where he was named finance chief in 2012.
  • CFO Brent Callinicos has resigned from ride-sharing service Uber Technologies to spend more time with his family. Gautam Gupta, who joined Uber in 2013, will become acting head of finance.
  • Care.com has chosen Michael Echenberg to fill the top finance spot, replacing interim CFO Steve Boulanger. Formerly, Echenberg was chief strategy officer at Weight Watchers International.
  • Rachel Glaser has been named to lead the finance function at Demand Media. Previously, she headed finance at Move before its sale to News Corp.
  • Alternative asset manager Ares Management has named Michael McFerran CFO and treasurer. He succeeds Daniel Nguyen, who will become CFO of the Ares Private Equity and Tradable Credit groups. Formerly, McFerran was a managing director at Kohlberg Kravis Roberts, where he was also CFO of the company’s credit business, as well as CFO and chief operating officer of KKR Financial Holdings.
  • Anthony Colaluca, Jr., has been appointed finance chief at health-care performance improvement firm MedAssets. He takes over for Chuck Garner, who has been promoted to chief strategy and transformation officer. Most recently a consultant, Colaluca is also a former CFO of Intergraph Corp.
  • SONIFI Solutions has chosen John Chang to lead the finance function. He joins the company from Hasbro Studios, where he was head of finance.
  • Communications provider Globecomm Systems has appointed Jason Juranek to the top finance spot. Most recently, he was a division CFO at Harris CapRock.
  • Finance chief Douglas Thede plans to retire from MicroStrategy at the end of the year. The firm, an enterprise software platform provider, plans a search for his successor.
  • Alere, which provides diagnostic tests to consumers and professionals, has begun a search for a successor to head of finance David Teitel. He will remain in the top finance spot until his replacement has been named.
  • Eric Aboaf has been named finance chief at Citizens Financial Group, effective April 6. He takes over for John Fawcett, who is retiring at the end of April. Aboaf joins the firm from Citigroup, were he was global treasurer and before that, CFO of its Institutional Client and North American Consumer groups.

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