CFOs on the Move: Week ending May 24, 2013

• Specialty food retailer The Fresh Market, Inc. appointed Jeffrey Ackerman to head finance, effective June 3. He replaces Lisa Klinger, who resigned last November to take a post with a private equity-backed apparel retailer. Ackerman was most recently CFO at bedding manufacturer Sealy Corp.
• KeyCorp has picked Donald Kimble as its new CFO, succeeding Jeffrey Weeden, who recently announced that he will retire from the banking company. Kimble had been heading finance at Huntington Bancshares, where David Anderson was announced as interim CFO.
• At Tellabs Inc., CFO Andrew Szafran has resigned for personal reasons, the company said. Tom Minichiello, the company’s vice president of finance and chief accounting officer, will serve in the role until a permanent replacement for Szafran is named.
• Cosmetics company Colorescience appointed Steve Loomis as finance chief. He most recently was vice president of operations at CardioDynamics International Corp. Before that he was director of financial reporting at Kinko’s World Headquarters and CFO and treasurer of Terminal Data Corp.
• China Health Labs & Diagnostics Ltd. has appointed Chao Zhang to lead finance, effective May 31. He will replace Judyanna Chen, who will resign to “pursue other opportunities.” 
• That was also the reason given for the departure of Kurt Gustafson from the top finance post at biopharmaceutical firm Halozyme Therapeutics Inc. The company promoted David Ramsay from vice president of corporate development to fill the role.
• Gentex Corp., a maker of rearview mirrors and electronic parts, said CFO Steve Dykman has given up the post but will stay on as a consultant. His replacement is Steve Downing, promoted from vice president of commercial management.
• Cruise Lines International Association has named Thomas Fischetti to be its new finance chief. He formerly was CFO at the International Association of Amusement Parks and Attractions.
• Kevin Murphy has joined Adena Health System as CFO. He arrives from Hurley Medical Center in Flint, Mich., where he also ran finance.
• Vice president of finance Thomas McCarthy has been promoted to CFO at Cigna Corp., effective July 12. He takes over from Ralph Nicoletti, who is leaving the insurer.
• IT-products distributor Intcomex Inc. has named Juan Riojas to the top finance spot, effective after the company files its Form 10-Q for the quarter ended March 31. He replaces interim CFO and secretary Jose Ortega, who will become chief accounting officer. Previously, Riojas was CFO of PepsiCo Foods Central America and Caribbean.
• Brian Rice, vice chairman and finance chief at Royal Caribbean Cruises Ltd., is turning over the CFO role to Jason Liberty, effective immediately. Rice will remain vice chairman until his retirement next year. Liberty, formerly senior vice president, strategy and finance, has been at the company since 2005.
• WebMD Health Corp. has promoted Peter Anevski to head finance. He succeeds Anthony Vuolo, who will stay on at the firm as senior vice president. Anevski had been senior vice president, finance.
• Carrie Teffner has been named to lead the finance function at PetSmart Inc., effective June 3. She joins the company from Weber-Stephen Products LLC, where she was also CFO.
• Finance chief Michael Bornak has resigned from multiscreen video software company SeaChange International, effective May 31. Chief accounting officer Anthony Dias will become interim CFO until a permanent replacement for Bornak is found.
• Microsoft Corp. has promoted Amy Hood to the top finance spot, effective immediately. She replaces Peter Klein, who will stay on until the end of June to aid in the transition. Hood, who has worked at Microsoft since 2002, was CFO of the company’s business division.
• Daniel Henry, who has been finance chief at American Express Co. since 2007, is planning to leave the company. He will remain CFO until his replacement has been hired.
• The Wendy’s Co. has named Todd Penegor to lead the finance function. Penegor, now president of the U.S. snacks division of Kellogg Co., will start at Wendy’s in June and take over as CFO on September 1 upon the retirement of Steve Hare.
• Aerospace and defense contractor AAR Corp. has appointed John Fortson to head finance. He will join the firm on July 1 as vice president of finance and will become CFO and treasurer once AAR files its Form 10-K. Most recently, Fortson was managing director, investment banking, at Bank of America Merrill Lynch.
• NGL Energy Partners LP has promoted Atanas Atanasov to the top finance spot. Atanasov, who has been at the company since 2011, had been senior vice president of finance and treasurer.
• CFO Joseph McNeely has been promoted to president and chief operating officer at FreightCar America Inc. A search is under way for his successor; in the meantime, McNeely will continue to head finance at the company.
• Real estate investment trust FelCor Lodging Trust Inc. has promoted Michael Hughes from senior vice president, finance, and treasurer to CFO and treasurer, effective July 1. He takes over from Andrew Welch, who is leaving the firm.
• Saba Software Inc. has named Mark Robinson to lead the finance function. He is a former CFO of Calypso Technology Inc., Discus Dental and Q Comm International.
• Peter Mitchell has been named finance chief at silver and gold producer Coeur d’Alene Mines Corp., effective June 3. Previously, he held the top finance spot at Taseko Mines Ltd.
• Construction, water management and drilling firm Layne Christensen Co. has appointed James Easter to head finance. He replaces Jerry Fanska, who announced last December that he would retire. Easter is a former CFO of SEH Offshore Ventures and of Seahawk Drilling.
• Arthur Minson has been appointed to lead the finance function at Time Warner Cable Inc. He replaces Irene Esteves, who is leaving the company. Since 2009, Minson has held several positions at AOL Inc., including chief financial and administrative officer and chief operating officer. He also previously worked at Time Warner Cable, where he was named senior vice president of finance in 2006 and deputy CFO in 2007.
• David Pearson has been named CFO and treasurer at Vonage Holdings Corp. Most recently, he was a managing director at Deutsche Bank, where he was also group head of global media and telecom.
• Cox Enterprises Inc. has selected Douglas Franklin as its next finance chief. He takes over from John Dyer, who will become chief operating officer. Franklin is now president of Cox Media Group.
• Catherine Avgiris has been promoted to the top finance spot at Comcast Cable, effective July 1. She succeeds Dave Scott, who is retiring. Avgiris is currently executive vice president and general manager for communications and data services.
• Andre Hawaux will become CFO and executive vice president of finance, administration, at Dick’s Sporting Goods Inc. in June. He replaces Timothy Kullman, who is retiring. Formerly, Hawaux was president, consumer foods, at ConAgra Foods Inc.
• PDL BioPharma Inc. has named Peter Garcia CFO and acting chief accounting officer, effective May 13. Most recently, he headed finance at BioTime Inc.
• Women’s clothing retailer Bebe Stores Inc. has promoted Liyuan Woo to the top finance spot. Woo, who joined the company in 2010, had been principal accounting officer (a title she will keep) as well as vice president-corporate controller.

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