CFOs on the Move: Week ending September 12, 2014

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09/12/2014
  • One of the 25 largest companies in the United States with more than $100 billion in annual revenue, Cardinal Health has promoted 25-year company veteran Michael Kaufmann to the top finance seat, effective Nov. 11. He will replace Jeffrey Henderson, 49, who will be retiring next August. Kaufmann has been CEO of Cardinal’s pharmaceutical segment since 2009.
  • At another Fortune 50 company, Dow Chemical, finance chief William Weideman announced his retirement after spending 38 years at the company, which he joined at age 22. He’s been CFO since 2010. His replacement is another Dow Chemical veteran, Howard Ungerleider. With the company since 1990, Ungerleider’s most recent post was executive vice president of Dow’s Advanced Materials Division.
  • Delphi Automotive CEO Rodney O’Neal will retire next March and be succeeded by Kevin Clark, the auto-parts maker’s chief financial officer. Clark joined Delphi in 2010 after being founding partner of Liberty Lane Partners, a private-equity firm.
  • Baker Hughes has lured CFO Kimberly Ross away from Avon Products. She will begin work at the 8,000-employee petroleum-services technology firm on Oct. 22. Retiring CFO Peter Ragauss will remain on the job until then.
  • New York-based real estate firm Rose Associates has promoted senior project manager Marc Ehrlich to the CFO role. For the past 18 months he’s been primarily focused on transforming 70 Pine, a landmark Lower Manhattan skyscraper, into a mixed-use facility including hotel rooms, apartments and retail and dining facilities. Before joining Rose Ehrlich was president and chief operating officer of Panorama Group, a Las Vegas real estate firm.
  • Shirley Wiliani, who for the past several years has been providing interim and part-time CFO services to privately held companies in Los Angeles, has opted to accept a full-time job as finance chief for Hardin Holdings. The firm, better known as Ancon Marine, provides environmental, marine and transportation services to businesses across the country. Wiliani currently is winding down her firm, Wiliani and Associates.
  • Computer-storage vendor Western Digital brought in Oliver Leonetti to head finance, replacing Timothy Lyden, who retired this month after 24 years with the company. Leonetti was finance vice president at Amgen.
  • First Advantage, a background-screening and identity information services company, has hired Michael Duffy to be its CFO. He arrives from sister company Symphony IRI, a market-information firm that, like First Advantage, is part of the portfolio owned by private-equity firm Symphony Technology Group.
  • First California Mortgage Company has tapped David Heier, who had been a partner at Gallina, a public accounting firm, to lead its finance function.
  • Michael Newman has been named to lead the finance function at Novatel Wireless, succeeding interim CFO Tom Allen. Newman is a former CFO of Websense.
  • Finance chief David Tacka plans to retire from The Hershey Co. at the end of the year. A search is under way for a replacement for Tacka, who has been at the company for 40 years and was named CFO last year.
  • Benefits administrator WageWorks has named Colm Callan to the top finance spot. He joins the company from PayPal, where he headed finance for the product and technology division.
  • Mercury Systems has promoted Gerald Haines II to the posts of CFO and treasurer, replacing Kevin Bisson. Previously, Haines was senior vice president of corporate development at the sensor-processing subsystems provider.

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