CFOs on the Move: Week ending May 22, 2015

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05/22/2015
  • Dallas Clement has been promoted to finance chief at Cox Enterprises, effective July 1. He takes over for Doug Franklin, who will retire on Aug. 1 after 38 years at the media company. Clement has been CFO of business unit Cox Automotive.
  • John Stephens has resigned from the top finance spot at homebuilder MDC Holdings. Vice president of finance and corporate controller Robert Martin will become CFO and principal accounting officer, effective May 23.
  • Marketplace LivingSocial has named Atul Kavthekar to lead the finance function. Formerly, he was CFO and head of corporate development for the health and wellness solutions unit at Sears Holdings.
  • Magellan Midstream Partners has promoted Aaron Milford to finance chief. He replaces Michael Osborne, who has resigned. Most recently, Milford was vice president of crude-oil business development for the crude-oil and refined-petroleum products transporter, storer, and distributor.
  • Apparel retailer Tilly’s has named Michael Henry as its new CFO. He joins the firm next week and will become finance chief on June 13, succeeding Jennifer Ehrhardt, who announced her resignation earlier this year. Previously, Henry was senior vice president, global controller, at Quicksilver.
  • Sanchez Energy has chosen Gleeson Van Riet to fill the top finance spot. He has been interim co-CFO since March, when he replaced the retiring Mike Long.
  • Frozen and ready-to-mix drink manufacturer Barfresh Food Group has appointed Joseph Tesoriero to head finance. He takes over for Arnold Tinter, who will remain the firm’s secretary. Tesoriero joins the company from Dole Asia Holdings, where he was a financial consultant. Before that, he was CFO at Dole Food.
  • Jeremy Wegner has joined hotel real estate investment trust Chatham Lodging Trust as finance chief. He succeeds Dennis Craven, who was promoted to chief operating officer. Most recently, Wegner was vice president of mergers and acquisitions at Starwood Hotels & Resorts Worldwide.
  • Trex, which makes nonwood railing and decking products, has promoted Bryan Fairbanks to lead the finance function, effective Aug. 17. He replaces James Cline, who has been promoted to president and CEO. Fairbanks is currently senior director, supply chain, and executive director, international business development.
  • Energy firm Venoco has appointed Scott Pinsonnault to the top finance spot. He has been interim CFO since November, and before that was managing director of the energy practice at Opportune LLP.
  • Amway has chosen Mark Stevens to fill the top finance spot. He takes over for Mike Cazer, who was named chief operating officer last year. Formerly, Stevens was vice president of worldwide sales at Apple.
  • Deborah O’Connor has been appointed to lead the finance function at True Value, replacing David Shadduck. She joins the hardware cooperative from OfficeMax, where she was senior vice president of integration and finance.
  • Eileen Kamerick has been named CFO and treasurer of business-management platform ConnectWise. Previously, she was CFO of Press Ganey Associates; CFO and managing director of Houlihan Lokey; and CFO, Americas, of Amoco.
  • Private education provider Apollo Education Group has said that finance chief Brian Swartz has resigned, effective May 15. Joseph D’Amico, who retired from the company in 2013, has been named interim CFO. During his former time at Apollo, D’Amico served in several posts, including president, CFO, and chief operating officer.
  • Momentive Performance Materials has appointed Erick Asmussen to lead the finance function effective May 26, succeeding interim CFO Brian Berger. Most recently, Asmussen headed finance at GrafTech International.
  • Ralph Marimon has been named to the top finance spot at Aviat Networks, effective May 26. He now heads finance at QuickLogic.
  • Adam Thackery has been promoted to finance chief at insurance-firm holding company Universal American. As CFO, Thackery, who has been senior vice president of financial planning and analysis since 2008, replaces president and CFO Robert Waegelein, who will retire on May 31.
  • Synaptics, which produces human-interface products, has selected Wajid Ali to head finance. He takes over for Kathleen Bayless, who announced in December that she would retire. Previously, Ali was controller at Teledyne Technologies.
  • Tata Communications has named Pratibha Advani to the top finance spot. Most recently, she was finance chief at NIIT Technologies, and before that was CFO of Barclays Shared Services Private Ltd.
  • Rick Booth has been chosen to lead the finance function at Bottomline Technologies. Formerly, he was corporate controller at Sapient.
  • Sean Creamer has resigned from his post as finance chief of The Madison Square Garden Co. Donna Coleman, who recently retired as executive vice president of corporate financial planning and control at Cablevision, will become interim CFO.
  • Keurig Green Mountain has announced that Peter Leemputte will join the firm in June and become CFO and treasurer on August 17, replacing Fran Rathke. Previously, Leemputte was CFO at Mead Johnson Nutrition.
  • Online retailer Zulily has selected Brian Swartz to head finance , effective June 1. Most recently he headed finance at Apollo Education Group.
  • Panera Bread has promoted Michael Bufano to the top finance spot from his former role as senior vice president of planning. Prior to that, he had been vice president of planning from 2010 until 2014. As finance chief, Bufano takes over for executive vice chairman William Moreton, who had been serving as interim CFO.
  • Dennis Schemm has been named to lead the finance function at Continental Building Products, effective May 11. He joins the company from Armstrong Flooring, where he was vice president of global finance.
  • Communications-technology firm Ubiquiti Networks has said that finance chief Craig Foster has resigned. Hartley Nisenbaum, executive vice president of operations and legal affairs, will become interim CFO while the company looks for Foster’s successor.
  • Casino and resort owner and operator Tropicana Entertainment has named Theresa Glebocki CFO, treasurer, and executive vice president of finance. Formerly, she was CFO and treasurer at Revel Entertainment Group.
  • Craig Lampo has been selected to take over the top finance spot at Amphenol. Lampo, who has been corporate controller at the designer and manufacturer of connectors for more than 10 years, will replace Diana Reardon after a transition period of several months. Reardon will then become a senior adviser to the firm.

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